6 Common Money Mindset Blocks and How to Clear Them
You could have all the amazing fancy strategies in the world, but if your mindset isn’t right – you’re going to really struggle. When I first started my business I thought that mindset was the same as willpower, and it was just a matter of ‘keeping your head in the game.’
I could not have been more wrong.
One of the most common ailments I hear again and again from female entrepreneurs is that they are struggling with burnout and overwhelm. Now, these are smart savvy women! They know how to delegate. They know how to write a to do list and use a project management system – but the sheer number of women this is a problem for hints to us that something else is going on.
When I first heard about ‘money blocks’ I thought it was total bullshit. Why would I be self sabotaging my own success?! Makes no sense whatsoever.
‘Money blocks’ aren’t necessarily directly about money, but they are subconscious fears and beliefs that are blocking us from hitting our business income goals.
However, when I read Denise Duffield-Thomas’s book ‘Get Rich, Lucky Bitch’ my jaw literally dropped and it was like the curtain had been pulled back to reveal the secret difference between women who were killing it in their businesses, and those who were stuck in entrepreneurial groundhog day and being suffocated by anxiety and overwhelm.
When I first heard about her work, my attention was instantly grabbed and I just had this feeling that ‘this is what I’ve been searching for!’ Denise has an amazing free Money Blocks Workshop that you can watch for free.
Here are the most common limiting beliefs and money blocks that I hear, and they are all blocks that I have had to work on and clear myself:
“I have to be perfect before I can be successful.”
“Everybody is secretly thinking that I’m a fraud.”
“There’s already someone doing that, so there’s no point.”
“People won’t pay for that!”
“I have to work really hard for money.”
“If I’m successful, I won’t be able to handle it.”
Any of those blocks sound familiar to you?
A great way to uncover blocks you don’t ever realise are lurking in your subconscious (like a little profit thief!) is to think about what’s the worst thing that can happen if you reach a goal.
Be outrageously unrealistic and petty here. It doesn’t matter how realistic your fears are, all that matters is that they are holding you back – you need to clear them!
Let me get vulnerable with you for a moment here.
I have been overweight since I was about 10 years old. I felt like I had tried everything, and the only thing that worked, and I really mean the ONLY thing, was clearing this belief that ‘If I lose weight now, I’ll end up with excess skin so there’s no point.’
When I first uncovered that ‘weight loss block’ I cried and cried. I was so sad, and scared and frustrated with myself, but I could completely see why I might have been sabotaging my efforts because of this secret fear.
So let’s talk about some strategies to actually clear these bastarding blocks!
- Connect with women who are on the same path as you
Surround yourself with like minded sisters who are trying to create the same authentic, vibrant business that you want because they will undoubtedly end up experiencing the same struggles as you.
It is so important not to feel alone, and your non-business family and friends might just not get it, and not know how to be supportive.
When I’m struggling I go straight to my mastermind posse and they always know exactly what to say, even if it’s just to call me out on a block and remind me to go back and do the work required to clear it.
If you don’t have a group like this yet, make it your priority to create one, and then really look after those relationships as you grow by being supportive and sharing your knowledge with them.
- Get practical and ‘Anti Chaos Check’ your life and business
Blocks and limiting beliefs can nearly always be traced back to fear – so what are you afraid of? Whatever it is, put something in place to make sure that that fear doesn’t come true or to limit the damage.
When I was afraid I wouldn’t be able to handle it if my coaching business grew, I put some rules in place. I now only work with a maximum of 8 private clients at a time and I seriously leveraged my time and efforts through putting some systems into place, created some sales funnels and upped my self care practices so that was no longer an issue.
I also cut away anything that was dragging me down already, this was when I decided that I needed to phase out my OBM clients and within the year I was working in my coaching business full time.
- Energetically clear that block so you can start making progress!
Often just acknowledging that you have the block is enough for you start moving forward again, but without spending a little time clearing it will keep tripping you up again and again disguised as procrastination and “I know what I should be doing, but I’m just not doing it.”
My money mentor Denise has an amazing free Money Blocks Workshop that you can grab for free here, and I learned all the tools that I use to clear blocks from her course Lucky Bitch Money Bootcamp.
My favourite way to clear blocks is EFT (which stands for Emotional Freedom Technique) or Tapping! It’s a really simple form of self acupressure, which may sound weird and ridiculous when you first start, but hey, we don’t care about how it works, we just care about getting results.
There are some amazing videos on Youtube to help you get started, and you can always check out Denise’s workshop to find out more.
I’d love to hear from you!
What’s your biggest takeaway from this article, and what’s one thing you could put into action this week?