Soul Why? The Secrets Of The Soul Rich Woman Blueprint

Genecia Alluora, South East Asia Woman of Excellence, Former Miss Singapore, Online Business Strategist, Founder of #1 Leading Female Entrepreneur Network Across The Region Soul Rich Woman

Money & Me: Get anything you desire this year 5 Day Audio Program: https://www.soulrichwoman.com/money I believe we can change the world. But first, we’ve got to stop living in fear of being judged for who we are. Hi I'm Genecia Alluora, Founder of the #1 Leading Female Entrepreneur Network in South East Asia supporting 1 Million women to Own & LOve The F-Word. Being fabulous, having freedom, financial independence and Family. With a challenge to women everywhere to stop TALKING themselves out of their dreams, Soul Why? Secrets of The Soul Rich Woman Blueprint identifies the excuses to let go of, the behaviours to adopt, and the skills to acquire on the path to growth, confidence, and believing in yourself to be recognised as a leader online. Get clients online and to have more impact on the world! Stop Believing THE Lies ABOUT Who You Are so You Can Become Who You Were Meant to Be. You're Just an "F-Word" Away from The Life You Want, The Marriage You Want... The Family That You Want, Is Going To Be Fueled By The Business & Life You Build ... Join me, become a Soul Rich Woman. Alone we are strong, Together we are unstoppable! read less

197: Invest In Yourself And Get To Financial Freedom with Kim Kiyosaki
Jan 1 2023
197: Invest In Yourself And Get To Financial Freedom with Kim Kiyosaki
Kim Kiyosaki: Invest In Yourself And Get To Financial Freedom with Rich WomanIn this episode we have a very special guest is none other than Kim Kiyosaki. She is an Internationally renowned speaker, best-selling author of “Rich Woman” and “Good Deal, Bad Deal”, Radio Show Host, Entrepreneur and Real Estate Investor. She is also the founder of the Rich Woman organisation. Kim realised early on in her career that she didn’t want to be an employee. In search of something more, she worked to develop her skills and made her first real estate purchase. She now controls millions of dollars of investment property and is committed to helping women achieve financial freedom through investing and taking control of their financial futures. Rich woman bookKim Kiyosaki wrote the book entitled “Rich Woman”. Here she shared the inspiration behind the birth of the book: (3:45)The reason Genecia I wrote Rich Woman was because Robert and I, we travel the world teaching the Rich Dad philosophy taking two big groups and I will get up on stage and I will speak to the women for just a few minutes and at every event whether it's Singapore or we're London, Tokyo, Johannesburg wherever it was at the end of the event I’d always be surrounded by women and they had the same questions and the same issues and the biggest thing I realized is there's a huge huge huge demand for women to be educated about money and actually, we women, not only have we not been expected to know much about money but we’ve actually been taught to depend upon somebody else for our financial well-being.Financial Literacy Financial independence is not based on gender. It happens through education. This is Kim’s encouragement for women to be financially secured:(4:52)So my whole message is we need to be in control of our finances we need to step-up and be financially literate and ideally it's up to each one of us to be financially secured (5:07)Nobody’s gonna do that for us (5:09)No financial advisor no financial planner it's up to us. And it's not rocket science anybody can do it but it takes time and it takes education She added that to be financially stable requires a process: (6:17)Actually starting to take control of your finances starts very simple. You start small and take baby steps we don’t go for the big deals we stick with the small deals. And the most important thing is that understand there’s no secret sauce, there’s no magic pill (6:49)It’s a process and it’s a process of education, it’s a process of experience but it’s not difficult. (06:58)it’s just a matter of committing Risk taking in BusinessYou don’t have to have it all figured out to start a business. Oftentimes you don’t have anything but risk. Here’s how Kim started from nothing: (7:41)I started with nothing and I’m gonna tell you that the best thing of all is that I didn’t have the money, Robert and I did not have the money.  (8:10)Probably for the first 10-12 real estate deals I did, I did not have the money now what that forces you to do is get very very very creative For Kim, she chose real estate as an avenue to invest:(8:22)Once you see the property or whatever investment it is you’re interested in. Once you see it , and touch it and feel it then put your mind to work on how can I now get the money, how can I create the money in order to get the investment.(9:54)What you want to do is create positive cash flow. My investment of choice is real estate there’s many other ways to gather cash flow whatever works for you.(10:05)But we had 10 thousand dollars a month cash flow from our rental properties. But we only had 3 thousand dollars a month in living expenses. So at that point $10,000 coming in and $3,000 going out we were financially free.  Achieving financial freedomFinancial freedom may seem difficult at first but it is not impossible. As Kim ventured into Real Estate this is what they experienced: (10:39)Number 1 I did not have to worry about money anymore and number 2 it gave me the luxury to ask myself what I really want to do with my life. So it’s all about financial freedom. (10:50)It’s about freedom, not so much about the money but freedom is that having choices to live the life you want to live. That’s what it’s about.Filling up the gap in your cash flowThere’s no one way to fill the gap, but the key is education and being fearless. Here is Kim’s encouragement:(11:57)I made a ton of mistakes, a ton.  I mean that’s the key to success, I’m gonna tell you right now, that the key to success is making mistakes everybody is still afraid of making a mistake, the only way we learn is by making a mistake. (12:24)The key is you gotta got into action I will always say get some education get some education get some financial education on the asset class you like and then once you have some education start very small take baby steps put a little money down because as soon as you put so many down my interest goes way up. (12:57)One thing I recommend for women especially is to go out and buy a 1 ounce silver coin. it’s been across 20 dollars US today. But what that does because you know got this asset this gold or silver coin all of the sudden your interest will go up will look at the prices of silver every single day, what’s it doing. Why is it up, why is it down? And because you’ve just parted with 20 dollars US you become this quasi expert on silver. (13:31)I’m a big believer in you’ve gotta  put some money down, get into the game and then that’s where the real learning happens. You gotta go out and do the real thing. Raising kids and being married while building your wealthYour family, most importantly your kids should not be a reason for you not to seek for financial stability. Although Kim and Robert don’t have kids, she shared a very good example here: (14:09)Robert and I do not have kids, really by choice.(14:19)But my girlfriends for example Lisa Lannon, she’s a Rich Dad advisor, she and her husband Josh, they have very successful businesses they have 2 kids they involve their kids in their business, they involve their kids in their investing so when they go out and lock at a property they bring the children along so they educate the kids as well as educate themselves. So for women, especially with the internet there’s so much opportunity offer in the internet for business and things like that I think the parent of course can be the best teacher. So why not include the kids. It amazes me how young kids get interested in money. They know about money. When their very very young. So why not educate them while your educating yourself. (15:14)I don’t think it has to be one or the other.  I think you can do it together.(15:21)and same with the relationship same with couples I’m not advocating for the woman to go out there she’s married and she has a life partner then she goes out there and do this all by herself and separate from her spouse this is ideally investing it’s something you want to do together as a couple because you grow together you learn together. Invest in yourselfBeing a woman is not an excuse to remain financially dependent on someone else. Be encouraged with Kim’s words: (20:00)Most important investment is to invest in yourself and to invest in your education. And for me, it’s about your financial education. (20:12)At some point you gotta put yourself first. As a woman we tend to put everybody else first, we put our husbands, our family, our kids, everybody else first . There comes a time you gotta say “hey! I gotta put myself first” (21:05)Oftentimes, too many of us women find ourselves in a financial crisis and they’re not educated about money. They have no idea. (21:27)Especially if you are a mom, I think you owe it to yourself to get financially educated to take care of your kids in case something happens. (21:53)When people say “I’ll try to get there” “I’ll try to be there” “I’ll try to make it” If you’re saying I’ll try, you’re already saying “I’m not gonna do it” . Cause try doesn’t even exist.  (22:22)So just be honest with yourself  The secret of SuccessThere’s no such thing as a secret to success, according to Kim it’s all about personal development and letting go of fear: (28:07)Well there’s really no secret except we work on ourselves we work on this because this is what holds us back the fear the doubt the all of the things that get in our way that’s  what holds us back from success. (28:29)For somebody who is just starting out. If you’re just starting out in investment, in real estate, in a business, it’s scary because it’s an unknown. You haven’t done this before we got this horrible fear of making mistakes. So when we come up against obstacles and things like that oftentimes this is the biggest obstacle. So if we can keep clearing our thoughts, our beliefs, our ideas especially around money, that can free us up to move forward with a lot of energy.Women EmpowermentThis is the perfect moment for women to stand out and stand up. Gone are the days of taking the back seat. Here is Kim’s call to all women:(38:11)For women right now I’m saying women we need to go for it the world is really messed up right now it’s messed up financially, economically, morally, ethically and I think it’s up to the women to turn things around because we deal with different energy, we deal with different spirit we bring a whole different personality to the world. 38:42-39:05 Right now it’s up to women to  stand up to start being role models start being leaders in their families in their communities in their cities in their countries and that’s more why I speak or why I educate it’s not just about you getting financial security it’s really about women stepping up in taking leadership roles and really changing the world.  Transformation Financial situations that hinder us from being secure can only be changed with real transformation. Here is Kim’s explanation based on Neuroscience: (39:51)If you’re in that situation you gotta ask yourself if I keep doing what I’m doing every single day am I gonna get the outcome I want?(40:10) If they keep doing what they’re doing is that gonna change that situation or not and if it’s not then they have to ask themselves what do I need to do in order to change it? So, for real change to happen, real transformation to happen it's a four step project, a four step  process. One, you gotta get information. Two, you gotta take action so if somebody’s in that situation and they’re not doing anything different nothing’s gonna change so you got to take action that’s different. the 3rd step is what’s called feedback so for every action we take, every single action we take there’s feedback.(41:28)The fourth step is called incubation where you take time being yourself and really incorporate what you’ve learned into your body of knowledge. Key Takeaways :Have a proper allocation of your scarce resources to satisfy needs and wantsEducate yourself first before anything else.Change your money mindset.  Make it your goal to be financially secured.Don’t be afraid to take risks and invest. Key Resources:Subscribe to Genecia’s Youtube channel: https://www.youtube.com/c/SoulRichWomanVisit SRW’s website: https://www.soulrichwoman.comFollow Genecia on Instagram : (@Geneciaalluora)Follow Genecia on Facebook: https://www.facebook.com/geneciaalluora/Check Genecia’s LinkedIn: https://www.linkedin.com/in/genecia/Free Resource: "Soul Why: Soul Rich Woman Blueprint" and "How to Delegate 80% of your to-do list" ---> https://be.soulrichwoman.comSecrets of Manifesting Money Quickly Online Course ---> https://shor.by/moneymindset[00:00:02]Speaker 1: A strong and independent woman is something to behold. She pays her own bills, buys her own things, and she doesn't let a man affect her stability or self-confidence. She is a Soul Rich Woman.[00:00:15]Speaker 2: Are you ready to be rich in doing what you love be on purpose and in control of your life again. And for women who love the F-word podcast, we will be openly talking about getting more clients online, getting recognition as the leader and female entrepreneur, and also the F-word being fabulous, having freedom and financial independence. It's time to own and love the F word. Welcome to the show.[00:00:48]Speaker 2: All right, Kim, thank you very much for being here.[00:00:52]Speaker 3: Thank you, Genecia. I'm so excited to talk with you.[00:00:57]Speaker 2: Yes. Okay. So I want to say I'm really very blessed to meet you. I love to see you in Singapore real soon. So for those of you who do not know Kim that well yet, so let me just do a quick introduction. And now Kim is an internationally renowned speaker, best selling author of Rich Woman. I must flaunt my book. I have all these stickies here as well. You got to sign them when you come here. Okay.[00:01:30]Speaker 2: And of course, you're the author of The Good Deal, Bad Deal, radio show host, entrepreneur, and real estate investor. Now, Kim realized early in her career that she didn't want to be an employee in search of something more. She worked to develop her skills and made her first real estate purchase. She now controls millions of dollars of investment property and is committed of helping women to achieve financial freedom through investing and taking control of their financial futures. OK, so we have Kim in the house. Kim, once again, welcome. Thank you.[00:02:13]Speaker 3: Thank you, Genecia. Thank you for having me. I can't wait to see you in Singapore.[00:02:18]Speaker 2: Yes. So when are you going to come to Singapore? I know you're going to be in Singapore earlier.[00:02:25]Speaker 3: Yes. So there's the big masters of the century. The name of that event, I'll be there for that 23rd, 24th. And then we are doing our Rich Woman event for two days with my team of women. We're dear girlfriends, entrepreneurs, investors, we travel the world, and we do not do this event very often, very rarely, actually. But Veronica and Richard best resources, they've been so good to us. So we're really, really excited to come to Singapore and to meet the women of Singapore. I know Singapore very well, and I know the women of Singapore and Asia are our house, and it's time for the women to step up because the world needs strong women leaders right now, and that's one of the reasons that we're coming and we're teaching and we're educating.[00:03:23]Speaker 2: What made you wanted to write this book, Rich Woman? I mean, like, I've read it, I love it so much. I educated myself, so, I mean, like, you have started at such an early age, and then you put this whole piece together, and it's for us. So why do you do it? At the beginning?[00:03:44]Speaker 3: Yeah. The reason Genecia, I wrote Rich Woman was because Robert and I would travel the world teaching the Rich Dad philosophy, speaking to big groups, and I would get up on stage and I would speak to the women for just a few minutes. And at every event, whether it was Singapore or London, Tokyo, Johannesburg, wherever it was, at the end of the event, I'd always be surrounded by women. And they had the same questions and the same issues. And the biggest thing I realized is there's a huge, huge, huge demand for women to be educated about money. And actually, we women, not only have we not been expected to know much about money, but we've actually been taught to depend upon somebody else for our financial well-being be it a husband, family member, government. We've actually been taught not to take, not to not to take care of ourselves financially, but to be dependent on somebody else. So that puts us often in dire straits. My whole message is we need to be in control of our own finances. We need to step up and be financially literate. And ideally, it's up to each one of us to be financially secure and financially, nobody's going to do that for us.[00:05:08]Speaker 3: No financial advisor, no financial planner, and it's not rocket science. Anybody can do it. But it takes time when it takes education.[00:05:17]Speaker 2: I think one of the big pieces is when you said, anybody can do it, anyone can do it, it feels like a hurdle because a lot of us in our education system, we are taught that to go this way or when we were supposed to go to the left, if we go to the right. If teachers say go to the right, we'll go to the right. So we're kind of like, boxed up in this system where we are not taught financial literacy at a very young age in our generation. And how can we do more now that you're saying that anybody can do? How can we cross this hurdle in our minds that we can actually do it?[00:05:53]Speaker 3: Yeah, well, when you say minds, when you say mind Genecia, that's the biggest part of it. Number one is our thoughts and our beliefs rule everything. So if our thoughts and beliefs are, I don't know anything about money, I'm not good with numbers, somebody else will take care of me, then that's a recipe for disaster. So actually starting to take control of your finances starts very simple. We start small. We take baby steps. We don't go for the big deals. We stay with the small deals. The most important thing is that understand, there's no cost, there's no magic pill, there's no real. Everybody wants the fast answer. Give me the answer. Give me the secret. There's not, it's a process, and it's a process of education. It's a process of experience. But it's not difficult. It's just a matter of committing to wanting to have what money really is. It's about freedom. It's about having choices. And too many of us women find ourselves in dire financial strength as we get older due to death of a spouse, divorce, bad money management. So too many of us women find ourselves in a financial crisis, and that does not have to happen.[00:07:21]Speaker 3: So it is not difficult, but it does take time. You got to commit to it and you've got to put in the effort.[00:07:31]Speaker 2: So what is the minimum amount that any woman can start to build her financial future?[00:07:38]Speaker 3: Well, I started with nothing. I started with nothing. And I'm going to tell you, probably the best thing of all is that I did not have the money. Robert and I did not have the money. So, for example, our very first investment, my very first investment was a little two bedroom, one bath house in a place called Portland, Oregon. It was $45,000. I needed $5,000 down $5,000. Did not have it. But here's the beauty of it. Probably for the first ten to twelve real estate deals, I did, I did not have the money. And what that forces you to do is get very, very creative. So once you see the property, or whatever investment it is you're interested in, once you see it and touch it and feel it, then it puts your mind to work on, how can I now get the money? How can I create the money in order to get the investment? And that's probably one of the biggest things. So when people say, when I get the money, I'll invest, chances are when I have extra money, then I'll start investing. Chances are we're always so busy, we always have something that takes up our money.[00:08:56]Speaker 3: I always say, find the investment first, then the money moves up. Figure out how to get the money.[00:09:03]Speaker 2: I remember watching one of the interviews, in fact, in a recent one that you did when you were in London, you talk about achieving financially free is so simple. You spoke about the concept of keeping your expenses low while the money that you bring in just higher than whatever you're spending. And that difference in itself is financial freedom. Tell us more about this mind boggling concept, because people think that having financial freedom is multimillions of dollars.[00:09:35]Speaker 3: Yes, exactly. In 1984, Robert and I were financially free, and exactly as you say, everybody thought, oh, you must have millions of dollars set aside in savings that you're going to live off of. No, that was not the case. And our formula is very simple. What you want to do is create positive cash flow. My investment of choice is real estate. There's many other ways to gather cash flow, whatever works for you. But we had $10,000 a month cash flow from our rental properties, but we only had $3,000 a month in living expenses. So at that point, 10,000 coming in, 3000 going out. We were financially free. And the most beautiful thing about that is that for the first time, I didn't have to worry about money, which was huge. We all worry about money. How do we pay our bills? How are we going to make this payment? How are we going to do the next thing we want to do financially? Number one, I did not have to worry about money anymore. And number two, it gave me the luxury to ask myself, what do I really want to do with my life? So it's all about financial freedom.[00:10:49]Speaker 3: It's about freedom. It's not so much about the money. It's about freedom. It's about having choices to live the life you want to live. That's what it's about. And then every single real estate investor, successful real estate investor that I know are small, work through their process. And today, because of that, that's what makes them successful. And so I'm very straightforward. I'm very forthright on what it's going to take, the reality of what it's going to take any woman if I can do it, I didn't know anything about money. I didn't know anything about investing. I didn't know anything about real estate. So if I can do it, you can do it too.[00:11:31]Speaker 2: But there must be a gap that you filled up, right? I mean, the time when you understood your expenses are low and having more cash flow to that point of zero, to that point of acceleration, what was it that filled the gap for you and Robert?[00:11:46]Speaker 3: When you say fill the gap, meaning.[00:11:49]Speaker 2: How do you have that awareness to know that, okay, I need to do this, I need to do this, I need to do this?[00:11:54]Speaker 3: Oh, I made a ton of mistakes. A ton of mistakes. A ton. That's the key to success. I'm going to tell you right now that's the key to success is making mistakes. Everybody is so afraid of making a mistake. The only way we learn is by making a mistake. So Robert started to explain to me what his Rich Dad taught him about real estate. And he's like, okay, so go buy something. Go figure it out. I'm like, I don't know how to figure this out. I just went bumbling and stumbling along. But the key is you've got to get into action. So I always say, get some education, get some education. Get some financial education on the asset class you like, there's four asset classes, the asset class you like. And then once you have some education, start very small. Take baby steps, put a little money down. Because as soon as I put some money down, my interest goes way up. Way up. If I put $100 onto something, I'm going to be interested in what that's going to do. So, for example, today, one thing I recommend for women especially, is go out and buy a 1oz silver coin.[00:13:02]Speaker 3: It's going to cost about $20 US today. But what that does is because you've now got this asset or this gold silver coin, all of a sudden your interest will go up. You'll look at the price of silver every single day. What's it doing? Why is it up, why is it down? And because you've just started with $20, you become this quasi-expert on silver. I'm a big believer, and you've got to put some money down, get into the game, and then that's where the real learning happens. You got to go out and do the real thing.[00:13:41]Speaker 2: I love that is where your treasure is. That's where your heart will be. Now, how can a woman with kids, a lot of them are asking, they have kids, they have work all at the same time. You're saying they have bills of pain thinking about education also, I can't do this. So how do you advise them to strike a balance between raising kids and building their wealth?[00:14:07]Speaker 3: Right? That's a great question. Robert and I do not have kids purely by choice. I have one kid called Robert. That's enough for me. That all I can handle. But my girlfriend, for example, Lisa Lannon, she's a rich dad advisor. She and her husband Josh teach. They have very successful businesses. They have two kids. They involve their kids in their business, they involve their kids in their investing. So when they go out and look at a property, they bring their children along. So they educate the kids as well as educate themselves. So for women, especially with the Internet, there's so much opportunity out there on the Internet for business and things like that. I think the parent, of course, is going to be the best teacher. So why not include the kids? It amazes me how young kids get interested in money. I mean, they know about money when they're very, very young, so why not educate them while you're educating yourself? I don't think it has to be one or the other. I think you can do it together. Yeah, and same with relationships, same with couples. I'm not advocating that a woman go out there, she's married and she has a life partner, that you go out there and do this all by herself and separate from her spouse.[00:15:30]Speaker 3: This is ideally, investing is something that you want to do together as a couple, because you grow together, you learn together. I do not understand why people you work so hard for your money. We work every single day for the paycheck, or if you're a business owner for that revenue. You work so hard for it, why would you turn it over to somebody else who you hope and pray is going to do a good job with it. Nobody is going to take care of your money better than you. And the most important thing I think someone can do is be aware, get educated and invest their money themselves and be responsible for your finances.[00:16:19]Speaker 2: That's right. And if you have not signed up for our Rich Women event happening on the 26th and 27 October, do remember to stay tuned to the end because we've got a really special gift for you where you can get a really special, I would say, discount. Okay? So do remember to stay tuned till the end. All right? Very, very important. Now, I'm very curious. You mentioned about your partnership with Robert and your relationship, right. And this is a question that always asks power couples. Okay. And how do you consistently, we talk about power struggle. How do you consistently work together hand in hand? You know, what it's like two relationship advice or three tips you would give any woman who probably have some kind of thing going on, but how can they manage it better, just like you?[00:17:19]Speaker 3: Well, I don't do it perfectly by any means. Robert and I being married is not the easiest thing either. You're always working on it to keep growing and to keep growing. So to be married and to be business partners is not for everybody. Absolutely not for everybody. It works for us. But the one thing I found is that we have very different roles. So Robert was always his story. He's the visionary. I love the business, and I never, ever expected to be on stage doing the whole Rich Woman thing. I love business. Even today, we have totally reinvented our company over the last few months. So I was not actively involved for the last few years. Today, I am the CEO and President. I am in there every single day running the company with our team. But I love the business. And Robert is the author. He's the big picture. So that works really well for us. Not in fact, the only arguments we have are about the business. We don't have arguments personally. We have arguments about the business because we're very passionate about our business. It is our baby. Our mission from day one in 1996 has always been to elevate the financial well-being of humanity.[00:18:46]Speaker 3: We live that. We breathe that with the company. Today, we're getting back to our roots of what that's about. We're building, bringing out the cash flow clubs. Our first product. Our first product, Genecia, was the cash flow board game. And that's near and dear to our hearts because that's where people can teach people. So Robert and I don't have to be going all over the world teaching people can teach each other through this cash flow board game. So in terms of how we work with a couple, I don't have three tips. It's always a dance. It's always a dance. And you've got to allow each other to bring their talents and their gifts to the table, and that's what works best for us.[00:19:33]Speaker 2: Many women tell me that, oh, Genecia, I can't come for the Rich Woman event. I'm too busy taking care of my kids. Oh, I need to ask my husband about the investment I'm about to make. Why would you say to these women with so many things, to consult someone else?[00:19:52]Speaker 3: Yeah, okay. I think the most important investment anybody can make, men or woman, the most important investment is to invest in yourself and to invest in your education. And for me, it's about your financial education. So to think that at some point you've got to put yourself first as a woman, we tend to put everybody else first. We put our husbands, our family, our kids, everybody else first. There comes a time where you got to say, hey, I got to put myself first. It's like when you get on an airplane and they say, in case of emergency, put your oxygen mask on first before helping others. Right? Right. So I think women have got to start putting on their oxygen mask first, start taking care of themselves. And to say, I can't come because of my husband or my kids, it's just an excuse. It is just an excuse. Either you want to do it or you don't. If you don't want to do it, just say, I don't want to do it. Don't say it's because of my kids. Don't use the excuse. There are so many excuses out there. So you got to decide for yourself what's most important to you in your life.[00:21:04]Speaker 3: And as I said, oftentimes too many of us women find ourselves in a financial crisis, and they're not educated about money. They have no idea. Let's say the husband passes away. She has no idea where the money is, what they've got, where it is. Mr. and Mrs. Helper, come along. I'll take care of you. And next thing you know, she's broken. Especially if you're a mom. I think you owe it to yourself to get financially educated, to take care of you and your kids in case something happens.[00:21:36]Speaker 2: Wow, that's really a golden nugget, ladies. Delete all your excuses and bring on that action. It's either a yes or yes. There's no other way.[00:21:47]Speaker 3: For example, I'll give you one thing that I've learned over the years, is that when people say, I'll try to get there, I'll try to be there, I'll try to make it. If you're saying I try, you've already said I'm not going to do it because try doesn't even exist. Trying to pick up this pen. When I pick up note you picked up the pen. Try to pick it up. I picked it up trying to not even exist. So as soon as somebody says, I'll try to be there, I'll think about it. It's just an excuse so just be honest with yourself whether we want to do it and invest in ourselves. So what are the three investment avenues, other than herself, that a woman can look into to start building her first steps to wealth?[00:22:39]Speaker 3: Well, Genecia, there's four asset classes, and Warren Buffett says there's many ways to financial heaven, and you've got to find a way that's right for you. So the four asset classes, one is business, investing in other businesses, building your own business. There's real estate, which is my investment of choice. I love real estate. I understand it. It works for me. There's paper assets like stocks, funds, mutual funds. And there's commodities. Commodities, Gold, silver, copper, soybeans, coffee. Those are all commodities. So you've got to find the investment, the asset class that sings to you and it will it will speak to you. So, for example, I knew early on that real estate, it's fun to me. It's a fun game. I enjoy it. I understand it. My girlfriend, who was an accountant, loved trading. She loved day trading. She loved trading what's called options, stock options. She was very good at it because that's the way her mind works. So don't go along just with what I say. Just because I do real estate, that doesn't mean that might be the best thing for you. But my two investment choices are business and real estate. I tried stocks.[00:24:03]Speaker 3: I've taken classes in stocks. I have studied the stock options, things like that. It doesn't fit with my personality. So you've got to find the one that's right for you. And then the other key is there's two things that investors invest for. One is capital gains. Capital gains is you buy a stock at $20, it goes to $50. You sell it, and your profit is called capital gains. If you buy a house for $100,000, put a little money into it, sell it for $150,000, your profit is called capital gains. You must sell an asset in order to realize capital gains, you have to sell. The other thing investors invest for is cash flow. I am the queen of cash flow. I love cash flow. So cash flow is where, like in paper, in stocks, maybe every twice a year, once a quarter, you get a dividend check on your stock. That dividend is cash flow because you're putting money in, it's working for you. It's giving you a return cash flow. You buy a rental property every month. You collect the rent, you pay the mortgage, you pay the expenses. If you've managed the property well, at the end of the month, you have a positive cash flow.[00:25:23]Speaker 3: So I am all about cash flow, because once you buy an asset and it's giving you cash flow every month, eventually you keep accumulating more and more assets that are giving you cash flow that's flowing into your income column. At some point, your income from your cash flow will replace the job salary paycheck that you're getting. And at that point, you're financially free. That's what I'm about. Money has the power, especially for women, to enslave you or to set you free. Too many women marry for money, are in bad relationships, because they're afraid they can't make it on their own financially. They are in jobs they hate because they need the paycheck. So I am not about having money in slavery. I am all about money setting you free.[00:26:21]Speaker 2: Wow. This is a very important statement. It's all about having the money that allows you to set you free, right?[00:26:28]Speaker 3: Yes, free. You want to live the life, you want to do what it is you really want to do with your life. We all have a gift, we all have a talent. Often times it's covered up because we have to work for money. We have to kind of sell our souls for money. So what if you had the financial freedom where you didn't have to do that anymore, where you could just live your life true to who you are at this point?[00:26:52]Speaker 2: So what will you be sharing with our audience, our women, this coming October? What exactly will you be covering into? How we're going to discover our personality types to work in the different asset areas, or we're going to learn more than that. Tell us more.[00:27:09]Speaker 3: Well, there's a lot we're going to cover in two days. And I have my three girlfriends again, entrepreneurs, so, Lisa Lannon, Steel Stanford, Ronny Jaggers, entrepreneurs, investors, very, very successful. We teach as a team. A lot of fun. And we're going to cover really three areas. So we're going to cover financial development, financial education, financial development. We're going to talk about investments. You're actually going to analyze some investments. We're going to talk about business development, entrepreneurship, building a business, investing in a business. We're going to analyze a business. But the real key to all of this is personal development, because you are the foundation of everything successful in your life. And for me and for Robert, people often ask, what's your secret to success? What's your secret? Well, there's really no secret except we work on ourselves, we work on this because this is what holds us back. The fear, the doubt, all of the things that get in our way, that's what holds us back from success. So the more we can clear this and work on this and work on us, the more we broke. So for somebody who's just starting out, if you're just starting out in investments, in real estate, in a business, it's scary because it's an unknown.[00:28:39]Speaker 3: We haven't done this before. We've got this horrible fear of making mistakes. So when we come up against obstacles and things like that, oftentimes this is the biggest obstacle. So if we can keep clearing our thoughts, our beliefs, our ideas, especially around money, that can free us up to move forward and have a lot more energy.[00:29:00]Speaker 2: Wow, I love that. Now, for those of you who just joined us, we just want to acknowledge you right now, with as many of you here in the room, we just want to acknowledge you. We know that you could be doing something else. So we are doing everything in our power to make it well worth your time. All right, so after the end of this webinar, the webinar replay will be posted on Success Resources Facebook page. So not to worry if you missed the front part. So it'd be available on the Success Resources Facebook page. And also, at the end of the webinar, we will be sharing with you a gift. Okay, last but not least, you get to ask questions. And we have already more than ten questions sitting on my table that were already pregiven to us and so one whole list. So the team has really filtered some of those important ones that desperately want them to be answered. So, Kim, one of the questions that came in during the Q and A actually asked how to start a real estate business with limited resources. So that's one of the questions that the participants have given us. What would you say about that?[00:30:14]Speaker 3: A lot of people say that they all think it takes money to make money. I'm here to tell
196: Women In Power Singapore -Not Everything Is As It Seems With Genecia Alluora
Dec 25 2022
196: Women In Power Singapore -Not Everything Is As It Seems With Genecia Alluora
FWEP0001  Do not be fooled by Genecia’s impeccable appearance. Have been crowned as Miss Singapore and Miss Singapore International, many are quick to think Genecia was born with a silver spoon. However, behind this beautiful face there is a hardworking and self-sacrificing woman in power. This young lady had it all, but easy. As a teenager she was forced to put herself through her education by teaching an array of wellness classes such as: yoga, aerobics and line dancing.These years of hardship molded her and lead her to become the founder of Soul Rich Woman, where she educates and elevates women to realize their highest power.Interviewer: Elena CardoneThe architect behind many of Grant Cardone Enterprises’ ventures, Elena is an experienced business woman, entrepreneur and investor with her and Grant’s influence felt with Cardone Capital which is closing in on 5,000 units under management with a real estate portfolio valued at $1 billion.Connect with Elena Cardone: https://elenacardone.com/about/FWEP0001 Not Everything Is As It Seems - Women in Power Singapore with Genecia Alluora In this episode, let me encourage you as a former Miss Singapore and Southeast Asia Woman of Excellence in 2010; and founder of Soul Rich Woman, the number one female entrepreneur network in Southeast Asia that connects more than 12,000 women across the region, with presence in 7 countries, including Singapore, Malaysia, the Philippines, Vietnam, and Indonesia.  Self-SupportingAt an early age of 14 I have learned to face challenges and took on responsibilities due to life’s circumstances.(3:33)“A lot of people thought that when I was Ms. Singapore they think that I was born with a silver spoon. But it did not start that way I had to support myself through school since I was 14 years old, teaching Yoga, aerobics and line dancing through my school years so I put myself through college I put myself  through university so it was really tough.” Financial CrisisDue to a financial crisis, I had to step up and think of ways to support myself and my family. I had to do sacrifices to make it through in life.(4:06)“At that time my dad lost everything due to the financial crisis. (4:20) Because of that I had to come up and do my own stuff and I think that has really molded me through my years and then after that I became an occupational therapist. (4:53) Back then I was the youngest instructor in Singapore and then I went on to do classes but it was not easy because when I’m seeing other girls doing things in their free time they are going to the movie, going for shopping and then I’m working after school.” Empowering WomenWhat I experienced during my teenage years gave me a better perspective on influence and how it can be used to empower others.(5:47) “I’ve come along way with my experiences, now it’s time to share and shortcut other woman's journey and empower others because empowered women empower others.(6:45) After that I took on these skills, I went on to coach and mentor many women to transform their confidence from being ugly duckling to be more confident and become the better version of themselves.”  The motivation to changeAs I moved up the ladder and gained success, I realized I needed more freedom and not be bound by time and money.(6:56)“Because I went through that transformation myself too. That movement actually gave me the confidence to do more in my life. In 2012-2013 I told myself I’m no longer going to trade time for money because as an image consultant you work you get paid when you stop working you don’t get paid. So I said I want to move this online.”  Process of growthYou need to expand and broaden your horizons to progress in life. You need to invest in yourself too.(7:21) “So I went through a process seeking mentors, looking for coaches to coach me on the process spent hundreds and thousands of dollars looking for resources to grow my knowledge. (7:38)I worked my way up then I took my vision of helping more women to be more confident and then I started a platform called “You are possible academy” because I launched my own book in 2013, it’s about personal branding then after that I went online.”  A heart for womenDespite the success that I attained there was still something missing, I felt like I wasn’t where I was supposed to be.(8:25) “During this whole period my heart has always been with the women even though I was doing the retail business. It was tough, because there was a calling at the back of my head like “Genecia you gotta do this” you can’t just give up the women and just do a coffee retail chain. Move up and do more.” Stepping stone (11:15) “You know back then, I was bullied I was really bullied by mean girls in school. You know I was poor, I really didn’t  have any money to change my bag or even to change my clothes besides my school clothes.”I faced the roadblocks in my life. From adjusting to our family’s financial situation to being bullied at school and doing jobs while studying. These situations could have hindered me, but instead of viewing them as stumbling blocks I used them as stepping stones to reaching my dreams.  Key Takeaways: Success is not determined by financial status.Life’s changes should not stop you from pursuing your dreams.Keep learning, keep growing.Do not give up on what you are most passionate about.Roadblocks are stepping stones.Key Resources:Subscribe to Genecia’s Youtube channel: https://www.youtube.com/c/SoulRichWomanVisit SRW’s website: https://www.soulrichwoman.comFollow Genecia on Instagram : (@Geneciaalluora)Follow Genecia on Facebook: https://www.facebook.com/geneciaalluora/Check Genecia’s LinkedIn: https://www.linkedin.com/in/genecia/Free Resource: "Soul Why: Soul Rich Woman Blueprint" and "How to Delegate 80% of your to-do list" ---> https://be.soulrichwoman.comSecrets of Manifesting Money Quickly Online Course ---> https://shor.by/moneymindset[00:00:02]Speaker 1: A strong and independent woman is something to behold. She pays her own bills, buys her own things, and she doesn't let a man affect her stability or self-confidence. She is a Soul Rich woman. Are you ready to be rich doing what you love beyond on purpose and in control of your life again? As for women who love the F-word podcast, we will be openly talking about getting more clients online, getting recognition as the leader and female entrepreneur and also the F word. Being fabulous, having freedom and financial independence. It's time to own and love the F word. Welcome to the show.[00:00:52]Speaker 2: Elena Cardone started her career in Hollywood and soon became a successful actress and model of TV and film fame. A lifelong competitive sport shooter and now author, businesswoman public speaker, empire builder and visionary. Elena currently hosts her own show, Women in Power and cohosts the G and E show with her husband Grant Cardone, who is also the best-selling author, entrepreneur, and real estate investor. Together they have created a real estate portfolio of almost $1 billion. Elena has been happily married since 2004, July 4 to be exact, in their lives with her husband Grant and their two daughters Sabrina and Scarlett in Miami Beach. Elena came to Singapore together with Grant over a week and they were here to speak at the National Achievers Congress. Someone introduced us and we became friends and got me in for her interview as one of her guests. And in return, I also interviewed her as well on her story. So do take a listen. I hope you enjoyed these episodes.[00:02:23]Speaker 3: Welcome to this week's episode of Women Empower. Today, I have Ms. Genecia Alluora. She is Woman Empower Singapore. She has won Miss Singapore and Miss Singapore International. She represents Singapore not only once, but twice. Who does that? This woman, that's who. She also founded and is the creator of Soul Rich Woman Asia. And she connects about 200,000 plus women in the entrepreneurial space and really educates and elevates and motivates women to represent themselves at the highest level. So, without further ado, thank you so much for being on the show. It is such an honor and a pleasure to meet you.[00:03:12]Speaker 4: Thank you for having me on your show.[00:03:14]Speaker 3: It is wonderful to have you. So, okay, bring me back so my audience can understand. Have you always just been this successful go getter type woman or was this something you developed? How were you raised?[00:03:30]Speaker 4: Well, a little bit of my back story. A lot of people thought that when I was Miss Singapore, they think that I'm born with a silver spoon.[00:03:38]Speaker 3: That's what everyone would think. Looking at you, you looked so beautiful and so together and so intelligent. It's like, okay.[00:03:45]Speaker 4: Well, it didn't start that way. I had to support myself through school since I was 14 years old, teaching yoga, aerobics and line dancing through my school years. So I put myself through college. I put myself through University. So it was really tough.[00:04:01]Speaker 3: So why did you have to support yourself at 14 most?[00:04:05]Speaker 4: Well, at that time, my dad lost everything due to the financial crisis.[00:04:10]Speaker 3: Was this in 2008?[00:04:13]Speaker 4: Way back more.[00:04:15]Speaker 3: Way back more. Okay, well, you're way young to me.[00:04:17]Speaker 4: Okay. Yeah. And because of that, I had to come out and do my own stuff. And I think that has really molded me through my years. And then after that, I became an occupational therapist.[00:04:31]Speaker 5: Wow.[00:04:32]Speaker 4: Yes.[00:04:32]Speaker 3: So at 14, when the crash happened, your father lost everything. Did he say you have to go to work or was this now an initiative that you took on your own?[00:04:42]Speaker 4: My mom kicked my ass. She pawned her gold, her jewelry to give me the money to do the certification as an instructor. So back then, I was the youngest instructor in Singapore, and then I went on to do classes. But it was not easy because when I'm seeing other girls doing things in their free time, they are going to the movies, going for shopping, and then I'm working after school. So can you imagine waking up 05:00 a.m. in the morning to go to school?[00:05:12]Speaker 3: Not at 14.[00:05:13]Speaker 4: And then 12:00 p.m. 1, you finish class after that project work, you finish about 4, and after that I rest for about an hour, take a quick nap, and I rush for classes back to back from 07:00 p.m. to 10:00 p.m.. Wow. And by the time I reach home, I'm really exhausted. And that went on for many years.[00:05:34]Speaker 3: So that's what I call the sacrifice phase, which you probably didn't appreciate at the time. [00:05:38]Oh, I totally hated it. [00:05:40]You hated sacrifice phase. Are you now glad that you did sacrifice phase?[00:05:45]Speaker 4: Yes, definitely. Because I've come a long way and I have experiences. Now, it's time to share and shortcut other women's journey and empower others. Because empowered women empower others.[00:05:59]Speaker 5: Right. And so, when you finally got to this point in your life where you feel like, was it just an urge? Where you felt like, now it's my responsibility to help fast track other women, what point was that? Was it like a certain amount of money you made? Or when were you like, okay, I now know how to take care of myself, I want to branch out and help others now.[00:06:23]Speaker 4: In 2006, I won miss Singapore and I became an image consultant. And that because of my experience teaching and training and coaching. Having the extra skill set was quite easy for me to move forward. My clientele grew. They were CEOs of companies, directors of companies, as well as politicians here in Singapore. After that, I took on this skill and I went on to coach and mentor many women to transform their confidence from being an ugly duckling to a more confident version of themselves. So because I went through that transformation myself too, that movement actually gave me the confidence to do more in my life. In 2012, 2013, I told myself, I'm no longer going to trade time for money. Because as an image consultant, you work, you get paid. You work, you get paid, you work, you get paid. When you stop working, you don't get paid. So I said, you know what? I want to move this online. How can I go online? So I went through a process seeking mentors, looking for coaches to coach me on the process. Spent hundreds and thousands of dollars looking for resources to grow my knowledge.[00:07:31]Speaker 3: So you invested on yourself?[00:07:33]I invested in myself. [00:07:34]How did you have hundred and thousand of dollars?[00:07:36]I saved over the years.[00:07:37]Speaker 5: Wow.[00:07:37]Speaker 4: I worked my way up, and then from there, I took my vision of helping more women to be more confident. And then I started a platform called you are Possible Academy because I launched my own book in 2013. It's about personal branding. Then after that, I went to I went online. Right. That's when I make my first pot of gold.[00:08:01]Speaker 5: Wow. The first pot of gold[00:08:02]Speaker 4: Across my first pot of gold was when I make my first million dollars.[00:08:08]Speaker 3: Wow.[00:08:08]Speaker 4: And then I invested and started a cafe retail chain. We were in three countries singapore, Malaysia, Indonesia.[00:08:17]Speaker 5: Wow.[00:08:18]Speaker 4: And then we had seven outlets. We exited to a public listed company owner just recently.[00:08:24]Speaker 5: Wow.[00:08:24]Speaker 4: During this whole period, my heart has always been with the women. Even though I was doing retail business and it was tough, and I was called to this it's just like calling the back of my head. It's like, Genecia, you got to do you got to do this. You can't just give up the women and just do a cafe retail chain. You got to move up and do more. So during the time I was based in Indonesia for two years, running the caffe retail chain with my franchisee. I do online. I did webinars, I did online programs. I launched my membership program.[00:08:59]Speaker 3: Are you confident the whole time? Are you scared, like the first webinar you did or you're like, is this going to be a disaster? Do you ever have self doubt or is it just you just go in positive the whole way?[00:09:10]Speaker 4: It was tough because you didn't know how many audience were there. In fact, when I first switched on my webcam and used Google Hangouts back in 2013, there was zero viewers. You know.[00:09:20]I love that. [00:09:22]And it grew from one to ten and then to the first hundred. And that's how You Are Possible Academy grew. Subsequently, the women.[00:09:30]Speaker 3: How long did it take to grow?[00:09:31]Speaker 4: About three years. And I did about 1000 webinars probably every week. I did one every week. Wednesday at 09:00 p.m..[00:09:41]Speaker 3: They're free webinars.[00:09:42]Speaker 4: Free webinars.[00:09:43]Speaker 3: How would you think about the branding?[00:09:45]Speaker 4: Branding. How do you do funnels, marketing, automation? How do you become more confident?[00:09:50]Speaker 3: How long are they?[00:09:52]Speaker 4: By an hour.[00:09:53]Speaker 5: Good. Eleven.[00:09:54]Speaker 4: Okay. And then I kind of moved all these things online, and the women started to come in, and then they said, Genecia, can you not put your possible academy? Because Singapore's education system has so tuned us to, like, in school. So the women in my community feedback to me and said, Genecia, you got to choose a better name.[00:10:14]Speaker 3: No, they're not like, impossible.[00:10:17]Speaker 4: They don't like the name academy. They want something a little bit more, like, with depth and, like, with the inner academy.[00:10:24]Speaker 3: They don't like academy.[00:10:25]Speaker 4: They do like academy. I said, okay, let's do a rebranding. So in 2015, I did a rebranding. It's called Soul Rich Woman because all women have a soul. It's rich, wealthy, and we shine when we have confidence from within. So Soul Rich Woman.[00:10:41]Speaker 3: Okay, love this so far. If you said you went through the transformation yourself, were you an ugly duckling?[00:10:51]Speaker 5: No.[00:10:52]Speaker 4: Yeah, I was.[00:10:53]Speaker 3: Okay, so how does an ugly duckling, which is very difficult for me to buy, by the way, but I'm going to I'm going to buy because I have no reason to believe it would lie to me. But how does an ugly duckling go to Miss Singapore and Miss Singapore International. How did you even know you had it within you in the first place?[00:11:14]Speaker 4: You knew back then, I was bullied. I was really bullied by mean girls in school.[00:11:19]Speaker 3: Wow.[00:11:19]Speaker 4: You know, I was poor. I really didn't have any money to change my bags or even to change my clothes because I had the school clothes. So the mean girls would come to me, you know, PE lessons, what we call physical activities. They will pull my shirt, and then you'll pool open, and then they will see my bra, and they're like, oh, you're wearing the same bra again, like that. And there were times they took my school bag, and then he threw it across the classroom floor, and my books will be all over the floor, and you're like that. So myself. And things took a dip. But you see, I started when I was 14, and I told myself that whatever my family situation, maybe I'm not going to give up.[00:12:01]Speaker 5: Right?[00:12:02]Speaker 4: Yeah. So I took on.[00:12:06]Speaker 3: Did you feel that is the fuel to become determined to make it?[00:12:10]Speaker 4: I knock on doors and say, would you be willing to coach me in my public speaking? I knock on doors. Would you be open to willing to coach me on my image? Would you be willing to train me to walk and have good department? And that was when all these people, what they call the guardians, and people who really helped me and coached me, mentored me to become Miss Singapore.[00:12:34]Speaker 5: Wow.[00:12:34]Speaker 3: And what did that feel like, being crowned Miss Singapore?[00:12:39]Speaker 4: It was life changing, really, once in a lifetime opportunity, because for someone like me, it was a way out. And definitely it allowed me to travel the world. Since then, I've traveled more than what, 10-20 countries, 50 cities because of my title, Miss Singapore. It has given me so much privilege.[00:13:01]Speaker 3: Do people know who you are when you walk on the street?[00:13:04]Speaker 4: Yes. During that time, yes. But now, because I've taken a backseat, more focused on developing the platform Soul Rich Woman, so not so much in the front light, but fronting more on the business lines.[00:13:16]Speaker 3: So when you were crowned Miss Singapore knowing that you had been bullied, that you're the girl that has to go and chase your books around, how do you now wear this crown and now transition from feeling a certain way as that girl to now all of a sudden, people think that you're just that new girl, that new image. Don't you still have the same insecurities as the previous girl? And then what do you do? How do you transition into that life? You just kind of acknowledge them and move forward anyway.[00:13:48]Speaker 4: I'm very blessed to be Miss Singapore. Really, doors open for me, there were transformational causes that changed my life. I invested in myself, went for many, many different courses. In fact, in 2007, I went to Taiwan for a year and took on multiple transformational healing courses to let go of my past, my anger, my hatred, whatever, feelings that all women sometimes have a tendency to hold and play again, like a broken record. So I stopped completely on that, and my life completely flew from there. So it was kind of like a stepping stone.[00:14:28]Speaker 3: Do you feel like or maybe you don't even think about this question, but do you think Asian women have the same advantages as the Western society, culture, Americans, Europeans? Or do you think we're equal, or one has more than the other?[00:14:46]Speaker 4: I believe all women have the same rights, they have same opportunities, same things that have been given to us. However, at the end of the day, Asia is a different animal. We have Vietnam, we are in Malaysia, just race alone. We have different races, and in different races, we have different culture and dialects. And that different permutations because Soul Rich Woman is in Southeast Asia. We're in seven countries, and we're connecting almost 200,000 women across this region. And just alone when we travel to different countries, we have to be a little bit different because women at different phase of their life. Say, for example, when we went to Vietnam in Hanoi, the women in Hanoi versus women in Ho Chi Min are quite different. Women in Hanoi are a little bit more, they told me that they were stigmatized if they were to give up their jobs and go into entrepreneurship. Soul Rich Woman first went to Hanoi in Vietnam, we made a mistake. We didn't know. We were like, oh, you must do a business, have a side hustle. Let's build your empire.[00:15:54]Speaker 3: Right, right.[00:15:55]Speaker 4: And then they said, oh, no, but Genecia, this is not the culture here. Hanoi and Ho Chi Min are two different breeds of women.[00:16:02]Speaker 5: Wow.[00:16:02]Speaker 4: So that's when we learned, we said, oh, then what do you girls need? They say, we need more confidence in our daily lives to stand up for ourselves, to own our power, not just being a housewife and being a working person, but really be able to chase our dreams. That has been swept under the carpet for a very long time. So that was what we did in Hanoi. So that is why in different countries we do different things. Like in Malaysia, women are sighted for two main reasons why they are not able to step out because fear of failure and lack of support from family members. So that's why communities are so important. And that's why in Malaysia, we are also very strong. We have about 500 or 10 members over there. Wow. Supporting each other on your entrepreneurship journey.[00:16:51]Speaker 3: So what do you tell the woman who's struggling maybe with a cultural issue they want to step out, but they're not supported by their family and they don't have the confidence yet to do it, despite of or maybe they don't want to do it because they don't want to lose the respect or that's a toughy situation.[00:17:13]Speaker 4: Really tough.[00:17:14]Speaker 3: Did they come to you for advice? And if they do, what do you tell these women?[00:17:18]Speaker 4: So these women needed more confidence in looking at their dreams and finding the time to love themselves most. Because I find that the key to success for all women is self love. Only when you are able to love yourself, that's when you can give. But most women are empty vessels because they give their kids, they give their husbands, they give to household chores, they give to everything else but forgetting the self love is they key.[00:17:45]Speaker 3: And if they did that first, there would be more for the other.[00:17:48]Speaker 4: Yeah, that's right. Their cup is so full and overflowing.[00:17:52]Speaker 3: Yeah.[00:17:53]Speaker 5: Oh wow. That's awesome.[00:17:56]Speaker 3: And this Soul Rich Woman, what's your proudest success story that's come out of that? Do women tell you that she came from blah blah, blah and then went to what's a good transformational story that really said, I'm on the right path with this.[00:18:16]Speaker 5: Wow. I have heard hundreds of stories.[00:18:16]Speaker 4:  That make it all worth it, right?[00:18:21]Speaker 5: Yeah.[00:18:22]Speaker 4: I think a lot of the women, the main thing amongst all female entrepreneurs, the key thing is always about the C word, which is confidence. But most importantly is the F word.[00:18:35]Speaker 3: The F word. I couldn't wait to talk to you about the F word. She has the F word. You want to tell them what it is?[00:18:42]Speaker 4: Yes. For women who love the F word, being fabulous, having freedom and financial independence.[00:18:50]Speaker 3: Okay, but first of all, does the F word translate as it does in America?[00:18:57]Speaker 4: We have the F word here.[00:18:58]Speaker 3: I say the F word.[00:19:02]Speaker 4: Just joking. But definitely for us, when I talk about the F word, why, I talk about financial independence and not financial freedom. Because the difference  is financial freedom. Of course, you are free to do everyone, probably you have passive income. But for a lot of women, when you're first starting out, how do you even first make a dollar? How do you first even make a first thousand dollars if you're a stay at home mom?[00:19:27]Speaker 5: Right.[00:19:28]Speaker 4: How are you balance that?[00:19:30]Speaker 3: If you hadn't had education, you don't know what you want to do. You don't know what you're good at.[00:19:34]Speaker 4: Yeah, precisely. So you have to start somewhere. So if you are able to earn a $1,000 every single month, passively or online, through online businesses, can you imagine what life will change? You could buy the extra dress for your daughter.[00:19:48]Speaker 3: And is this financial freedom?[00:19:50]Speaker 4: This is more financial independence. That's why I said we want to focus on helping women to be more financially independent. They could be receiving some money from their husbands, that's fine. But could they do something more for themselves? And because of that extra money that they have on hand, they could be more independent to make choices for themselves.[00:20:09]Speaker 3: So let me ask you this. If they go for the financial independence and let's say they have the side job, they're selling makeup on the side online, but they're not neglecting any of their responsibilities as a wife, a mother, or whatever they agreed upon. So this income, does it go to the household or should it be hers or does that not matter? Separate or together?[00:20:32]Speaker 4: And it will be her decision. But what I usually see is women usually keep it and hold it for emergency or things that they are always wanted to do. You see, we women must have a voice.[00:20:44]Speaker 3: I'm the same way. I have our money and then I have my money.[00:20:48]Speaker 4: My money.[00:20:48]Speaker 3: But he has no problem with us having our money, and he has no problem with me having my money. And I love that. I feel really blessed in that area. I'm like, thank you. I don't know what it is in my brain that needs my little thing.[00:21:02]Speaker 4: Yeah. Because we need to make our own choices. And that's when we feel like we have a choice to choose whether we want to give you the money or we give our family the money or I give my own dreams the money.[00:21:14]Speaker 3: To reinvest in yourself. Because when I've heard you say a number of times in this interview.[00:21:19]Speaker 4: Yes. In fact, finding a mentor is why we created Soul Rich Woman was to help women to go from offline to online to be more confident and more customers make a positive impact in the world. If you can't even have a say in what you want to do and be always a victim of your own circumstances, then I'm here to kick some ass, you know, and really to get out of your comfort zone and go towards the dreams that you always wanted to achieve. So that is why being fabulous, having freedom and financial independence is so important.[00:21:57]Speaker 3: Yes. And this is what's brought you kind of, like, alive. I see it in you. It's your passion. And you want this for other women. [00:22:03]Speaker 4: Yeah, I do, too. [00:22:05]Speaker 3: I feel like happy, empowered women or that have the confidence in themselves, they have no need to try to destroy another woman, try to throw their books across the hall, because that came from something. Those girls have a problem. A happy woman or girl does not treat other people like that. You know what I'm saying? So it's like the more that a woman can help herself and find her own confidence, the more she just wants to help and love and nurture other people. I believe it's innately in us.[00:22:37]Speaker 4: That's right. Yeah, that's very true. In fact, I really believe that alone you are strong, together we are unstoppable.[00:22:46]Speaker 3: I say the same thing in this book, build an empire. I say I was raised to believe that I had to do everything by myself. Like, I had to be Miss Independent. Miss Independent. And I tried so hard, and I could only get, like, this far. And it just so happened that when I got together with my husband and that I actually started to depend on somebody else and trust somebody else, and then from there, we added to the team and grew. And now we have staff and people that help us and build. But there is no you're doing it on your own. No empire has ever been built on your own. It takes a team. It takes a village.[00:23:23]Speaker 4: Yes. When a woman is empowered, the whole village benefits.[00:23:26]Speaker 3: Yeah, I agree with that. Because she wants the best for everyone.[00:23:29]Speaker 5: That's right.[00:23:29]Speaker 3: Because she knows ultimately it's going to benefit herself and everyone involved.[00:23:34]Speaker 4: Yes. So when we empower one, we touch a life that one will pass on to the other. So we actually have a mentoring program for girls under 30. So this we actually have cash sponsorships from different women who are more wealth to do. So, they gave us their cash sponsorships, and they gave us so we fund this entire program in Singapore, where we help underprivileged girls, where they don't have those opportunities to learn skills beyond education, which is just the books and the four walls in school.[00:24:05]Speaker 3: Kind of like you.[00:24:06]Speaker 4: Yes. And then help them to give them an opportunity to because not everybody can be Miss Singapore let's put it this way. Can we give them a skill? Because when you give them a skill everyone can be an entrepreneur.[00:24:14]Speaker 3: Because everyone can be an entrepreneur.[00:24:17]Speaker 4: Everyone can be an entrepreneur.[00:24:18]Speaker 3: I believe I do, too.[00:24:19]Speaker 4: Yeah. So, through this program, we want to equip this girl's skill so they can start early. Why do you have to wait till you graduate?[00:24:29]Speaker 3: Why do you have to wait till you went through the whole decade or whatever it wants to figure it out. You figured it out. Here the here's the don't let you go.[00:24:37]Speaker 4: Why do you have to wait until you get married and have kids and then after a failed marriage, and then you come to me and then you say, Genecia, I need help. Why do you have to go through that? Can we shorten it?[00:24:47]Speaker 3: Yes. That's what I wrote this book for. I want to fast track the process .[00:24:51]Speaker 4: Precisely.[00:24:53]Speaker 3: Yes. So can you tell my viewers, can my viewers in America join Soul Rich Woman?[00:24:57]Speaker 4: Yes, you can help. So we definitely need help here in Southeast Asia. We need time, we need resources, and we also need cash, sponsorships. So time, if you are a volunteer, you can volunteer, with us to be let's say you have a skill that you want to share as an entrepreneur. You want to teach funnels. You want to teach how to overcome their mindset. We welcome you if you have resources, like a venue. So we work with people like Facebook, Mercedes-Benz. These are like partners who give us their resources so that we can bring the community together. And that makes a lot of difference.[00:25:30]Speaker 5: Right?[00:25:30]Speaker 4: So venue, if you have resources, like. A jet, for example.[00:25:32]Speaker 3:Girls we've done that.[00:25:36]Speaker 4: Girls who are underprivileged have never had a chance to do all these things. Right? And then if you have cash and money to help us as well, to fund the project to give girls because we want to buy them good things, we want to support the program, we want to give some trainers who help us pro bonu fees, right? We can't expect everyone to do for free because there is some sustainability within the platform itself. Right? So, yes, I took up my part of goal, which is my cafe retail chain. We exited a public listed company. I took out all my money and invested into the platform. So it has to succeed.[00:26:12]Speaker 3: It will succeed.[00:26:14]Speaker 4: There's no other option. It's like the way and the only way.[00:26:17]Speaker 3: And where can people like, if someone wanted to say, okay, I have $100, I have $1,000, I have 10,000, how do they reach you? Or how do they offer their time or their service?[00:26:27]Speaker 4: You can go to be.soulrichwann.com, which is b,e, dot, soulrichwoman. S-O-U-L-R-I-C-H-W-O-M-A-N Woman. Yeah .com.[00:26:41]Speaker 3: Okay. That's awesome. Okay, so before we wrap up, on our last note, what would be a 14 year old self if you had one piece of advice for her? When that backpack went across the wall, the books went and you just I'm sure you probably had a lump in your throat trying to hold back tears, what would you have told that you are now? What would you have told that little girl.[00:27:06]Speaker 4: Your past that's not equal to your future?[00:27:11]Speaker 3: Wow, that's heavy. All these women of the world made me so emotional. I've never cried on Women in Power before. I interviewed this woman last week in Dubai and she made me cry. And now you make me cry. You're so amazing. I cannot thank you enough for coming on this show. You made me cry to exposing this part of the world. And it's so amazing to me. That what I'm finding on my journey around the globe and meeting the women of the world, that we all want the same thing. We all want to help each other, not only ourselves, men as well. But we focus on ourselves for now. Yes. And we all want to make a difference and we all just want to be loved, be taken care of, take care of others. And it's really beautiful. It doesn't matter what culture you are, what religion, what culture.[00:28:05]Speaker 4: Yes.[00:28:05]Speaker 3: We all want the same thing.[00:28:06]Speaker 4: We all want the same thing. We want to be heard. We want our voices to be heard. We want to be seen. We want to be recognized.[00:28:14]Speaker 3: Yes. Thank you so much for being on the show.[00:28:17]Speaker 4: Thank you.[00:28:17]Speaker 3: You are such a beautiful soul. This is a Soul Rich Woman. Thank you so much. From Women in Power, singapore.[00:28:26]Speaker 5: Wow.[00:28:29]Speaker 1: Thank you so much for joining me today. I'm so honored that we are connected.[00:28:33]Speaker 4: And I hope that I can continue to serve you as you build your dreams.[00:28:38]Speaker 1: And if you love this episode and I hope that you did, rate it five stars, give us that glowing review because it will help more women around the world finding this Soul Rich Woman podcast. Alone, you are strong, together we are unstoppable. Now share this with every woman who needs it because this is how we are changing the world, one woman at a time. As always, get out of your comfort zone and go towards the dreams you've always wanted to achieve. For women who love the F word being fabulous, having freedom and financial independence. My dear Soul Rich Woman, sending you my love and I'll speak to you soon. Bye for now.
195: 7 SIGNS YOU NEED TO WORK ON YOUR MINDSET
Dec 18 2022
195: 7 SIGNS YOU NEED TO WORK ON YOUR MINDSET
7 SIGNS YOU NEED TO WORK ON YOUR MINDSETWhen it comes to money, sooner or later there will be a wake-up call that happens for each of us. If you are doing all that you can but still not making the financial breakthroughs, you know they are within your reach. It's time to do something different. You need a money reset. Now, if you are undercharging in your business, you feel like you're pushing against the flow of money and can't figure out why it's so hard, I've got some answers for you that might just crack the code.I have the seven signs for you that money mindset is actually the next crucial step. If any of these seven reasons are true for you, then you'll love to work with me further.Reason 1: You know it's your time.Reason 2: You love personal development, but the money hasn't shown up yet.Reason 3: You don't earn what you're worth and you suspect that you're worth a lot more. Reason 4: You want to live a first-class, amazing life, but you're stuck in the rut. Reason 5: You already know that you need a money mindset makeover. Reason 6: You feel like you repel money.Reason 7: You want to make more money, but you're also scared. In this episode, key takeaways:1. Today is the day and you know that it's now or never.2. Be honest with yourself.3. You need to charge your worth. 4. Have a peace of mind that you can always make more money.5. Take a practical inventory of your past experiences and examining it.  6. Know how to manifest money quickly when you really need to.7. Making more money doesn't make the fear go away.Key Resources:Subscribe to Genecia’s Youtube channel: https://www.youtube.com/c/SoulRichWomanVisit SRW’s website: https://www.soulrichwoman.comFollow Genecia on Instagram : (@Geneciaalluora)Follow Genecia on Facebook: https://www.facebook.com/geneciaalluora/Check Genecia’s LinkedIn: https://www.linkedin.com/in/genecia/Free Resource: "Soul Why: Soul Rich Woman Blueprint" and "How to Delegate 80% of your to-do list" ---> https://be.soulrichwoman.comSecrets of Manifesting Money Quickly Online Course ---> https://shor.by/moneymindset[00:00:06]Speaker 1: Hey gorgeous, and welcome to today's episode. I'm your host, Genecia Alluora. Now, today I want to share the seven signs you need to work on your mindset. Now, when it comes to money, sooner or later there will be a wake-up call that happens for each of us.[00:00:25]Speaker 1: Maybe the last year has been a massive wake-up call for you. Your business might have to change completely because you realize that your old ways of marketing don't work anymore. Or maybe you've decided that life is too short to do the work that doesn't lock you up anymore. Often a bad client experience can be the wake-up call you need. There comes a time in every entrepreneur's life when you feel like throwing in the towel, giving up.[00:00:56]Speaker 1: After all, when you start a business, nobody really tells you how much is going to mess up with your confidence. Now, I just want to say this. You might have had all these moments yourself. Do you ever feel like there is an invisible glass ceiling holding you back from success? Maybe you've been stuck at a particular income level for years.[00:01:22]Speaker 1: Maybe you're telling yourself that you're too busy right now or the money isn't that important to you. Maybe you have conflicting feelings about wealth, worried that maybe it's not for you or that you have something to do something or you have to do something outside of your values to really make money or truly make enough money. If you are doing all that you can but still not making the financial breakthroughs, you know they are within your reach. It's time to do something different. You need a money reset.[00:02:00]Speaker 1: Now, if you are undercharging in your business, you feel like you're pushing against the flow of money and can't figure out why it's so hard, I've got some answers for you that might just crack the code. I'm Genecia Alluora, founder of the number one female entrepreneur network here in Southeast Asia and also a money mindset coach. I also created the Soul Rich Women Blueprint that has helped thousands and tens of thousands of women to go breakthrough and own and love their F-word, being fabulous, having freedom, financial independence, and a happy family. I did not grow up with a good relationship to money and yet I've created millions of dollars in business revenue working to my strengths and also wrote books, personal development books. And all I can say is we all can have it all.[00:03:06]Speaker 1: So if you think you might need to get another certificate or lose another ten kilos or somehow magically become the perfect you before you can make money, I'm here to tell you that that is bullshit. Now, I have the seven signs for you that money mindset is actually the next crucial step. If any of these seven reasons are true for you, then you'll love to work with me further. Now, reason one, you know it's your time. Finally this year you set big goals, thinking that this will be the year that your dreams come true.[00:03:47]Speaker 1: You might even have a book that is sitting on your computer 90% done or program or course that's ready to launch. But something's just stopping you. Every day you wake up and you think now it's the time, now it's the right time. But the moment your income doesn't match up with your intelligence or with your degree or potential and the gifts you offer up to the world, you are tired. And you are tired of waiting for someone else to choose you, or you deem that you are ready to earn more.[00:04:26]Speaker 1: I'm sure you're frustrated in yourself that you haven't done it yet. But maybe today is the day and you know that it's now or never. And I see that for you. And I'm here to help you to make it come true. Reason two, you love personal development, but the money hasn't shown up yet.[00:04:50]Speaker 1: Well, you could be feeling like a fraud or flaky person right now, because you're doing everything that's right, but it's just not working. I bet you have a dream board, a vision board, or you journal your goals regularly and you are a very positive person. You probably read every book that talks about making money, abundance under the sun. But you feel like there's still a missing puzzle piece. It feels unfair.[00:05:24]Speaker 1: If you're honest with yourself, you know that you've been sabotaging money behaviors that is working against you, but you can't really change them. Well, that's really normal. Reason three, you don't earn what you're worth and you suspect that you're worth a lot more. The charge what you are worthing gets a really bad reputation, especially when we talk about it here in Soul Rich Woman, you need to charge your worth. [00:05:53]Speaker 1: Do less about the training, there should be a boundary. But you know, it really gets a bad reputation when we talk about these things. It's because women don't see that they are worth the amount and they're always using the excuse or that sentence. Women should just help women. Why should I charge or get someone to pay me for my products or services?[00:06:21]Speaker 1: OK? I mean, you can't put a price tag on yourself as a human being, you are priceless. But guess what? Your business isn't. You actually have to name a price.[00:06:36]Speaker 1: Every day I meet people. I meet women who are simply undercharging. They are doing pro bono work all the time. They are struggling to survive. Or even if they are well to do, they are not able to scale their business to the next level.[00:06:58]Speaker 1: They know it, but they feel powerless to do anything about it. You might know it too, but you're still getting feedback that you are too expensive. Why should you charge when you're helping other people? You should be doing for free, you should be doing cheaper. And even when you know that you are drastically undercharging.[00:07:21]Speaker 1: And that's usually the problem. When you undercharge, you energetically attract clients who will never be happy, who are usually complainers, and people who will step on you to go to the next step or face. And that's really so frustrating. Reason four, you want to live a first class, amazing life, but you're stuck in the rut. You're stuck in your cupboard.[00:07:53]Speaker 1: I mean, I've been there and it sucks. You are sick of compromising areas in your life, like where you stay, what you eat, how you are treating your family, because we're talking about owning and loving the F-word. So being fabulous, freedom, financial independence and a happy family. So you're kind of sick of compromising all these four F-words in your life. Where you live, how you dress or how you travel.[00:08:21]Speaker 1: It's exhausting, super tiring to have to justify every single dollar, every single cent. Think about it. Wouldn't it be nice and cool to have a peace of mind that you can always make more money? You're seeing other women rapidly increasing their income and you are kind of jealous. Yes, don't look left, look right.[00:08:46]Speaker 1: Yes, I'm speaking to you right now. Sometimes you're kind of jealous that it's not you. All right, it's okay to admit it. Reason number five, you already know that you need a money mindset makeover. Maybe this isn't the first time you've checked out my work or listened to my podcast or been to my website or seen my landing pages of my programs.[00:09:18]Speaker 1: You might even have gone through situations when you think, I've got to sort this out. For example, when you start to perspire, when you talk to an accountant or anyone official or officially about money. Or you sit and procrastinate, like sending out invoices. People send me their confessions all the time and say that they are so scared about money, in particular, talking about it and asking for it. You might even think you are really bad with money.[00:09:52]Speaker 1: But I've never met anyone whom I have not helped or I can't help. You'll be surprised about how practical money manifesting can be. And it's not about lighting a candle under the full moon and just making wishes. It's about taking a practical inventory of your past experiences and examining it with all your beliefs and habits around money. Reason six, you feel like you repel money.[00:10:23]Speaker 1: Maybe you have a real feast or feminine relationship to money. You know how to manifest money quickly when you really need to. But it's not predictable or it comes at a great personal cost. Like, for example, you're really stressed out or burnout. When you have a good month, you often attract unexpected bills or fines that will wipe it all out.[00:10:48]Speaker 1: So you're always going like two steps forward and one steps back. Ten steps forward and three steps back. And that can be so frustrating. Reason number seven, you want to make more money, but you're also scared some people are surprised to learn that even millionaires are scared. Making more money doesn't make the fear go away.[00:11:15]Speaker 1: Same for me. Even at the stage where I'm at, making money is scary sometimes. Now, for example, you could be scared by your own personal potential because of your vision for your life is huge. You sometimes worry about what it would mean to be truly wealthy, that somehow it would turn into a negative experience. Or you would sabotage it in some way.[00:11:43]Speaker 1: Or you are worried that some history of ghost or past souls of people will come back and ask you for money. Or you're worried about your parents who ask you for money. You're worried about your relatives coming to ask you for money. If you are rich, you worry about tax bills because you worry about getting into trouble. You worry about losing your privacy or safety.[00:12:10]Speaker 1: You worry you get scammed. You worry about friends and family asking you for more money. You worry that it's actually going to be a huge negative experience. And you can see where I'm going. This is really common.[00:12:27]Speaker 1: And you can see these conflicting things and how much they could be holding you back. Okay, so that's the seven pretty big signs that you need to work on your money mindset. How much money do you think you have left on the table because of your money blocks? Maybe your wake-up call this year is that there's no time like the present to make your dreams come true. If you are still listening, it's pretty obvious that you have money blocks that you need to deal with.[00:12:59]Speaker 1: Everyone has their own flavor of money blocks and I'm here to help you identify yours and clear it. I've created a free masterclass to help you start clearing your money blocks and limiting beliefs and those sabotaging patterns. It will walk you through, step by step, through recognizing them and then dealing with the seven most common entrepreneurial money blocks, okay? And then you can get it free today from soulrichwoman.com. That is S-O-U-L-R-I-C-H-W-O-M-A-N.com[00:13:38]Speaker 1: Remember, money blocks doesn't have to derail you. You can embrace them and move on to creating the life that you want, the F-word that you want for yourself, family, financial independence, being fabulous, having freedom. But it all starts with your awareness. Once you know your block, you then can stop sabotaging behaviors, that you can stop them, that they will not come to haunt you, and then you can move on to the next level.[00:14:12]Speaker 1: That's when you can make money no matter what. Again. That's at soulrichwoman.com. Okay, I'll see you there in a few minutes. Remember, this is your time and you are ready for your next step.[00:14:25]Speaker 1: For Women who love the F word, being fabulous, having freedom, financial independence, and a happy family. You can have it all.
194: 5 TIPS TO GET THROUGH THE HOLIDAYS WITHOUT TRIGGERING YOUR MONEY BLOCKS (TOO MUCH)
Dec 11 2022
194: 5 TIPS TO GET THROUGH THE HOLIDAYS WITHOUT TRIGGERING YOUR MONEY BLOCKS (TOO MUCH)
5 TIPS TO GET THROUGH THE HOLIDAYS WITHOUT TRIGGERING YOUR MONEY BLOCKS (TOO MUCH)I want to share with you the five tips to get through the holidays without triggering your money blocks. Or triggering too much of your money blocks. Now we're talking about five things you can do to make sure your money blocks aren't traded too much over the holiday period.Tip 1: Have a canned response.Tip 2: Get really good at changing the subject.Tip 3: Be clear about what you want.Tip 4: You don't have to keep presents you don't like.Tip 5: Do some EFT (Emotional Freedom Technique).In this episode, key takeaways:1. You don't have to tell them about the ins and out of your business.  2. Turn the spotlight back on them so that you just put it back on them.3. Ask people what you want for your present.  4. Declutter your stuff that doesn't make you feel good.  5. If you are triggered, go into the bathroom and do a little bit of tapping.   Key Resources:Subscribe to Genecia’s Youtube channel: https://www.youtube.com/c/SoulRichWomanVisit SRW’s website: https://www.soulrichwoman.comFollow Genecia on Instagram : (@Geneciaalluora)Follow Genecia on Facebook: https://www.facebook.com/geneciaalluora/Check Genecia’s LinkedIn: https://www.linkedin.com/in/genecia/Free Resource: "Soul Why: Soul Rich Woman Blueprint" and "How to Delegate 80% of your to-do list" ---> https://be.soulrichwoman.comSecrets of Manifesting Money Quickly Online Course ---> https://shor.by/moneymindset[00:00:05]Speaker 1: Hello, gorgeous. And welcome to today's episode. I'm your host, Genecia Alluora. Today I want to share with you the five tips to get through the holidays without triggering your money blocks. Or triggering too much of your money blocks. Now we're talking about five things you can do to make sure your money blocks aren't traded too much over the holiday period.[00:00:28]Speaker 1: Now. This is the time of the year that can get very stressful for some people. But it doesn't have to because we are Soul Rich Woman. Now, I've got really some great tips for you today.[00:00:40]Speaker 1: The first thing I want to acknowledge is that holiday time can be really exciting for some people. And for others, it can be really stressful or even sad. So don't beat yourself up over it. Either way, especially for this year. It can be a triggering experience to spend time with your family and loved ones over this holiday season. Particularly if you have been spending a lot of time working on your personal development and money blocks, you still might be quite vulnerable to other people's energies.[00:01:12]Speaker 1: Now, here are some tips to get through the holiday period without triggering your money blocks too much. Number one, has a canned response. Now, this tip number one is a go to response when your family asks you about potentially triggering topics. This can really apply to questions about your business, so it pays to be prepared ahead of time. Now, you might have someone in your family who constantly ask you a how's your business doing right now?[00:01:43]Speaker 1: Or what are you doing for business again? Or you mean you change another business? Are you qualified to even do this? And they make you feel like shit. Here's the thing.[00:01:57]Speaker 1: You don't have to tell them about the ins and out of your business. You don't have to tell them how many clients you have, how much they pay you. You don't have to tell them anything if you don't want to. Here's a really simple go to response. It can be something like, hey, it's doing great.[00:02:18]Speaker 1: Thanks so much for asking. Well, there's a lot of things happening. I'm really, very excited. Thanks so much for your concern. As simple as that.[00:02:30]Speaker 1: Now, my family used to ask me about my programs or even my books, all the time. Because to them, a book meant real business. Having an online course or running something that is tangible. It looks tangible to them. So even though it was just a book or a program, it was just pretty a small part of my business.[00:02:50]Speaker 1: But to my family, it meant like, wow, you are real because you got a published book. You got this, you got that. So in the past, I would kind of tell a story of like well, actually, a book is just one part of my marketing plan. And, you know, right online course is something that I created because I'm very passionate about sharing. Actually, I have a lot more things in my business, blah, blah, blah. And I could literally see their eyes glaze over it, or that would lead to more uncomfortable, awkward situations and conversations about, oh, so you help people with money, but you're bankrupt.[00:03:34]Speaker 1: How does it work? Oh, so you help people with money, but you are doing okay only how does that work? Or you help people with their money, how does it even function or work in the online world? So I just decided my go to response was just going to be, oh, it's going great.[00:03:59]Speaker 1: Thanks so much for asking. It's really good right now. I'm excited about the things I'm doing now. Thank you so much for your concern. Easier said than done, Genecia.[00:04:08]Speaker 1: Okay, yes, I know, but the thing is, your business isn't any of their business, OK? And if telling them all the ins and outs lead to some awkward stuff or makes you feel like shit about yourself, then don't do it, my dear. Number two, change the subject. Which leads me to tip number two get really good at changing subject. Now this is what we call in NLP called Pattern Interrupt.[00:04:38]Speaker 1: Now you remember that game, I don't know if you've ever played it, but you take turns to ask each other questions and you are not allowed to say yes or no. And you had to counter with another question. So I got really, really good at that. And now you can do the same thing over the holidays. Instead of answering all the questions about business or your money or your bankruptcy or your debt or anything at all that makes you feel stressed. You know what get really good at changing subject.[00:05:15]Speaker 1: And you can say, oh, I love this steamboat that you have just made. What's in it? Yeah, I love this so bad. What ingredients do you use? Completely bypass what they've just asked you.[00:05:29]Speaker 1: Oh yeah, it's doing great. What about you? What's new on you? New on your side? What's going on with you?[00:05:36]Speaker 1: You know what, people love talking about themselves. So just turn the spotlight back on them so that you just put it back on them and it's easy. Change the subject again and again. Make it again to see how long you can avoid their questions. By the end of it, they'll feel great because people love talking about themselves and they'll be like, she's such a great conversationalist, she's such a great talker, she's such a great person to have at the table.[00:06:13]Speaker 1: Then it won't lead you down the path of talking about things that you don't want to or that could be potentially awkward. Number three, be clear about what you want. Now, this tip number three is all about presence. If presents trigger you, then there are a couple of ways around it. You could just straight ask people, what exactly you want for your present.[00:06:39]Speaker 1: Or tell people, what exactly you want for your present? Direct them don't just assume and don't make it a test of their love or their love language and then blame them later. Okay. Well, if they love me, my parents will finally get me the present I love. No, don't test them.[00:07:01]Speaker 1: Just tell them what you want. What's so difficult? Just say, right? That's really sure way of triggering all your old money stuff is going to continue if something has triggered you in the past. If you know that your parents are terrible at buying presents or your husband or whoever, and they have always forgotten what you like and they've always forgotten your favorite colors. Don't test them again and again to see whether they pass the test the following year of this year and see how much they love you. Correct. Just tell them upfront.[00:07:44]Speaker 1: Say hey. Mommy. Daddy. In case you need some guidance on what to get me for this holiday season, here's a link. Or you know what, I would love an amazing gift voucher. Make it really easy and just direct them. Don't worry about if you people don't buy you the right stuff, just tell them. Number four. You don't have to keep presents you don't like.[00:08:14]Speaker 1: Okay, which brings me to my fourth point. If you get presents you don't like and it does trigger old memories, you don't have to keep them. You can say thank you graciously, but you do not have to keep them. You can go straight from their house and drop it off at the charity store. Someone else is going to love that.[00:08:36]Speaker 1: If you get presents a bit before the holiday season of festive season and you open them and you don't like it, you rewrap it and donate to charity. A lot of times, a lot of places, a lot of events during these holiday seasons have wishing trees or where they will gift out to other people who are more in need of the gifts that you don't need. So someone else will love that. Just because someone's gifted you something, doesn't mean you need to make a shrine of it in your house. Keep it in like a white elephant in your home and then keep it forever.[00:09:22]Speaker 1: No need. It's okay and totally fine for you to declutter your stuff. I repeat, declutter your stuff that doesn't make you feel good and stuff that's not part of your first class life, not part of your F word life. Fabulous freedom, financial independence and a happy family. OK, then, of course, the question will be, I know you're going to ask me. Genecia, what happens if all of this doesn't work?[00:09:56]Speaker 1: Then what if like what people will say, Hey, I heard about your business. It sounds like you're ripping people off or you get terrible present. And you think, oh, for Christ's sake. Why don't you ever buy something else that I love or you just feel attacked from all angles and you feel really terrible about yourself. Well, here's tip number five for you, go do some EFT, Emotional Freedom Technique, otherwise known as tapping. Now, this has saved me many times in situations where I feel bad about myself. This was a technique I learned in 2008 and I think 2008 and I really love it so much. It's like my secret weapon when I'm going through emotional trenches and emotional, I will say lows. [00:10:46]So if you are in your family house and you are getting triggered, go into the bathroom and do a little bit of tapping. Ok, now I will know that you will say, even though I have these feelings, even though my family are annoying. Even though nobody loves me and by me presence that I like, I deeply and completely love and accept myself so say that to yourself. Even though I have these feelings, even though my family are super annoying, even though nobody loves me, it's not and buys me present that I like, I deeply and completely love and accept myself, then that way you are responsible for your own feelings.[00:11:33]Speaker 1: It might just be a temporary fix until you can get home, but that's OK just tap out all the ugly negative feelings so that you can move forward and be happier person during the session at your family's home. Now we are winding down now for the rest of the year. So I want to see from my family to yours, thank you so much for joining me at Soul Rich Woman, listening to my podcast, reading my blogs, the entire year or even watching my live shows, my live videos, my live streams. [00:12:12]You know, this might be even your first for some of you. You're like, who is this lady, who is this woman? But thank you so much for watching my live videos or listening to my podcast or even visiting my blogs. It has been such an absolute pleasure. I hope that you get everything that you want and even if you don't, I give you permission to go out there and buy them yourself. You are responsible for creating and owning your own F word and no one else can do it for you. Give yourself that gift, being fabulous, having freedom, financial independence and a happy family.[00:12:57]  Speaker 1: You can have it all, sending you my love and I'll speak to you soon. Bye for now.
193: THE END OF YEAR RITUAL TO FINISH THE YEAR WITH A BANG
Dec 4 2022
193: THE END OF YEAR RITUAL TO FINISH THE YEAR WITH A BANG
THE END OF YEAR RITUAL TO FINISH THE YEAR WITH A BANGFor most, 2020 and 2021 have been really rough years. No one could have predicted what the last 24 months have thrown at us. If you have made it through physically and emotionally in one piece, congratulations. You are amazing. And even if you haven't, that's okay too. Now, if you have had a good year, despite the obvious, then I want you to celebrate without guilt, without shame, without heartbreaks.So let's end the year with one really simple but profound end-of-the-year ritual. This one has completely changed my life repeatedly. And it doesn't matter how hangover you have on New Year's Day. This exercise is to make a list of everything, every single thing that you are proud of over the last year.Step 1: Do this as a partner.Step 2: Start with I'm proud of and least things out.Step 3: Just ask the next question, what else?Step 4: Keep asking until you have at least 50.Step 5: Keep asking and don't give up.In this episode, key takeaways:1. List everything that you are proud of over the last year.2. It's best to do this with someone who really understands you.3. Start with I'm proud of and least things out.4. It's time to shine a light on everything you have done.5. Recognize everything you've achieved.Key Resources:Subscribe to Genecia’s Youtube channel: https://www.youtube.com/c/SoulRichWomanVisit SRW’s website: https://www.soulrichwoman.comFollow Genecia on Instagram : (@Geneciaalluora)Follow Genecia on Facebook: https://www.facebook.com/geneciaalluora/Check Genecia’s LinkedIn: https://www.linkedin.com/in/genecia/Free Resource: "Soul Why: Soul Rich Woman Blueprint" and "How to Delegate 80% of your to-do list" ---> https://be.soulrichwoman.comSecrets of Manifesting Money Quickly Online Course ---> https://shor.by/moneymindset[00:00:03]Speaker 1: Hey, gorgeous. Welcome to today's episode. I'm your host, Genecia Alluora, founder of Soul Rich Woman and creator of the Soul Rich Woman Blueprint. On today's episode, I want to talk about the end of your ritual to finish the year with a bang. Now, for most, 2020 and 2021 have been a really rough year.[00:00:30]Speaker 1: No one could have predicted what the last 24 months have thrown at us. If you have made it through physically and emotionally in one piece, congratulations. You are amazing. And even if you haven't, that's okay too. Now, if you have had a good year, despite the obvious, then I want you to celebrate without guilt, without shame, without heartbreaks.[00:00:55]Speaker 1: However, the year has gone, and especially if things didn't go to plan, I recommend this year-end ritual to close out the year. And you have the power to completely change your experience this brand new year that's coming up. We know that when the clock tick tock, tick tock, tick tock over, nothing really magical happens. I mean, it's not Cinderella, right? I mean, it's just another day, like another moment. But I don't know about you, though, it really feels for me like a chance to completely shift things.[00:01:37]Speaker 1: I usually get pretty emotional and go through a decluttering and I would say decluttering journey when I reach the year-end and I move towards the new year because I love the energy of a new year. And this year, more than ever, I'm longing for a calm, health and happiness for all of you, even more and more of you to own and love the F word. So let's end the year with one really simple but profound end of the year ritual. This one has completely changed my life repeatedly. And it doesn't matter how hangover that you have on New Year's Day, OK?[00:02:25]Speaker 1: It's really a simple one to do or to do, even over the next two weeks. Now, this exercise is to make a list of everything, every single thing that you are proud of over the last year. Sounds easy, but trickier than it sounds. First, do this as a partner, OK?[00:02:50]Speaker 1: That's the key. So that you don't chicken out and get shy and say, I don't know, I don't know why I did. What things did I do good? Oh, I don't really do anything amazing. I was just at home working from home most of the time, staying at home, hiding at home. Okay, I know that's going to happen.[00:03:11]Speaker 1: So it's best to do this with someone who really understands you, who really sees you for you and your accomplishments and who will draw out of you, who will draw out all these list of things that you are proud of this year. So take turns asking each other what you're proud of. Start with I'm proud of and least things out. Like learning to live in a lockdown, not killing your partner, staying connected with your family, mastering Zoom, going for a walk wearing masks. Then you can move to business accomplishments.[00:03:53]Speaker 1: Then you can move to your tricky situations that you've dealt with, boundaries you have enforced, goals that you have achieved, personal accomplishments, awards that you have won, anything that you want to acknowledge yourself for. Don't be shy or modest. It's time to really shine a light on everything you have done because you deserve to shine. There is a diamond that is within you and you deserve to shine. And seriously, it's kind of hard to remember everything.[00:04:28]Speaker 1: So here's how to take it to the next level. When your partner simply asks you what else? And then silence. No prompting, no jumping in for their turn. Just ask the next question, what else?[00:04:42]Speaker 1: And wait. Keep asking until you have at least 50, 50 of the items that you are ever proud of for the past year. 50, so there's no like trying to chitchat or trying to look at your phone for social media, looking at your notifications, looking at your WhatsApp? No switch that all off.[00:05:08]Speaker 1: Put that one site, commit 30 minutes to an hour. Just doing this for partner. Remember, keep asking what else? What else? What else?[00:05:17]Speaker 1: Until you have at least 50. So there'll be lots of pauses. You'll want to think about the negatives or the not so nice experience. And when you think you're done, you'll say, okay, I forgot about this one. Just keep asking, what else?[00:05:35]Speaker 1: Now trust me, even after this year, you'll be buzzing at the end of it. So don't give up. The list of accomplishments and things you're proud of is important. But the question what else is extremely important too. You probably get stuck at about the fifth or the 6th things you're proud of because you just don't want to brag.[00:05:59]Speaker 1: You don't want to talk about accomplishments, you discount who you are, you discount your achievements or simply just forgotten or what I call kind of like a denial. You just live life and then just sweep it under the carpet and you don't think that's necessarily an important thing that is important. So did this year really, really suck? I once did this with a friend who thought that she had a bad year until we did this exercise. It took us about 45 minutes and she ended up with 42 things that she was proud of.[00:06:37]Speaker 1: But it took some digging. So that is why the question is so important. Keep asking and don't give up. Recognizing everything you've achieved in this phase of adversity is so good for you. It's awesome to remember everything.[00:06:55]Speaker 1: It's also great to manifest and to acknowledge all your wins, both big and small, so that you can attract even more luck and abundance into the new year. Work on a mix of business and personal as long as you get at least 30 to 50 good things. If you do it by yourself, eventually you run out of steam and move on to something else? Because you have a lot of noise between the two years haha. That's right.[00:07:29]Speaker 1: Noise between the two years of yours. So for best results, you need a partner to hold the space for you and gently ask what else, my dear? What else? As soon as you run out of good things to say about yourself, what else? When you think you haven't done anything good, what else?[00:07:53]Speaker 1: As soon as you think there's nothing else to celebrate, what else? If you tell yourself it was the worst year, what else? When you think you have written everything, what else? By the way, you don't have to do this as a year-end ritual. You could do this quarterly or even monthly.[00:08:22]Speaker 1: I would love you to share yours with me. Go for at least five. So tag me on Instagram or Tiktok or on Facebook with your list. You can find me at Genecia Alluora G-E-N-E-C-I-A-L-L-U-O-R-A. Tag me.[00:08:46]Speaker 1: I really love to hear them big and small. Please don't be shy. You should really break your ass off. Literally, just shine brilliantly with every good thing that you have done, okay?[00:09:03]Speaker 1: And next time, if you're having a bad day or have a read over all these 50 good things that you have done in the past year. And everything all awesome that you've accomplished, imagine just me sitting next to you and saying, what else? Every time you get stuck. What else, my dear? Time to close out this year and start writing a new chapter. Sending you my love and I'll speak to you soon.[00:09:35]Speaker 1: Bye for now.
192: WHAT PROFESSION HAS THE BIGGEST MONEY BLOCKS?
Nov 27 2022
192: WHAT PROFESSION HAS THE BIGGEST MONEY BLOCKS?
98/192: What Professions And Industries Have The Biggest Money BlocksMoney blocks, money blocks, money blocks! Which do you think has the biggest money block? I have them, you have them, pretty much everyone has money blocks of some kind.It's pretty safe to say we all have money blocks, even if we don't know it yet. These blocks are pretty huge in themselves and I have a lot of resources for you to help to clear them, but let’s dive into some common professions that we see here in Soul Rich Woman.Finance Professionals 08:44- 08:54  If you’re a financial advisor or professional who feels ashamed because you are already in debt or your accounting is really a mess.08:59- 09:07 You feel really guilty because you don’t always follow your own advice perfectly and all these blocks are keeping you from helping more people. 09:15- 09:23 But you wonder why people would pay you to do their taxes? And to you, it’s obvious and easy. Not for everyone.09:24- 09:29 Understanding that money blocks will help you to attract more clients.Health and wealthiness and fitness professionals03:12- 03:26 These money blocks are pretty huge in themselves and I have a lot of resources for you to help clear them but let’s dive into some common profession that we see here in Soul Rich Woman and the blocks that they have.03:27- 03:30  First, health and wealthiness and fitness professionals.03:50- 03:57 Many people working in the health industry have beliefs and feel like, number one, “Good health should be free.”04:00- 04:11  Number two, “I’m taking advantage of people’s illnesses.” Number three, “I can’t offer people’s solutions or supplements because I should not be salesy.”04:12- 04:18 Now the whole reason that people come to you when you’re a health professional is to learn how to better take care of themselves.04:43- 04:48 They come to you for knowledge and by you not giving them what you know, 04:53- 04:57 then you’re not serving them to your best of your ability.05:25- 05:34 You need to set boundaries. Now, these include asking for payment upfront, creating packages because that’s how transformation happens. Universal blocks 02:52- 03:11  Here are some of the most common universal blocks that I have always seen. “I have to work really hard to make money.” Number two, “I don’t deserve or I’m not good enough to be wealthy or to be rich.” Number three, “I can’t help people and make money.” 07:59- 08:03 Remember yourself that clients are coming to you for your skills to hold them accountable. 05:03- 05:12 This affirmation, “I serve, I deserve.” is a really good one to use as a  patent interrupter for those sources of blocks. 05:13- 05:22 It reminds you that you’re being served to people and it’s okay to charge in return for your expertise and experience.Key Takeaways:Health and wellness professionals.Finance professionals.Spiritual professionals.Artists and creative professionals.MLM or Direct sales businesses. Key Resources:Subscribe to Genecia’s Youtube channel: https://www.youtube.com/c/SoulRichWomanVisit SRW’s website: https://www.soulrichwoman.comFollow Genecia on Instagram : (@Geneciaalluora)Follow Genecia on Facebook: https://www.facebook.com/geneciaalluora/Check Genecia’s LinkedIn: https://www.linkedin.com/in/genecia/Free Resource: "Soul Why: Soul Rich Woman Blueprint" and "How to Delegate 80% of your to-do list" ---> https://be.soulrichwoman.comSecrets of Manifesting Money Quickly Online Course ---> https://shor.by/moneymindset[00:00:01]Speaker 1: This episode is brought to you by instantpodcastleader.com, the leading platform to launch your podcast in 48 hours and make it profitable. Get your free audiobook and free webclass at instantpodcastleader.com/webclass. [00:00:20]Speaker 2: I believe we can change the world. But first, we've got to stop living in fear of being judged for who we are.[00:00:27]Speaker 2: Hi, I'm Genecia Alluora, founder of the number one leading female entrepreneur network in Southeast Asia, supporting 1 million women to own and love the F word, being fabulous, having freedom, financial independence, and family. We have challenge women everywhere to stop talking themselves out of their dreams. Soul Why: Secrets of the Soul Rich Woman Blueprints identifies the excuses to let go of the behaviors to adopt and the skills to acquire on the path to growth, confidence and believing in yourself to be recognized as a leader online, with clients online and to have more impact on the world. [00:01:08]Speaker 1: Stop believing the lies about who you are so you can become who you are meant to be. You are just an F word away from the life you want, the marriage you want, the family that you want is going to be fueled by the business and life you build. Join me. Be a Soul Rich Woman. Alone, we are strong, together we are unstoppable. Welcome to the show. [00:01:36]Speaker 1: Hello, gorgeous. How are you? My name is Genecia Alluora and I'm back. Now, what professions and industries have the biggest money blocks? This is a very interesting question, isn't it? I want to say that it's pretty safe to say that everyone has money blocks and even if they don't know it yet. While it's true that there are many common, I mean, I find many common traits among women I teach in the Soul Rich Woman Blueprint. Some industries have money blocks totally unique to their industry. And it's clear, too, that unless you're willing to work with and clear your money blocks on an ongoing basis, yourself sabotage and stay stuck. So stop using your profession as an excuse and instead find the golden nuggets that's hiding somewhere in your closet and move past your blocks. So I've got this shorter version for you, but if you want a longer webinar, you have got to go to soulrichwoman.com and if you want to dive deeper. So here are the sum of the most common universal blocks that I always see. I have to work really hard to make money. Number two, I don't deserve or I'm not good enough to be wealthy or to be rich.[00:03:09]Speaker 1: Number three, I can't help people and make money. These money blocks are pretty huge in themselves, and I have a lot of resources for you to help you declare them. But let's dive into some common professions that we see here in Soul Rich Woman and the blocks that they have. OK, first, health and wellness and fitness professionals. Well, the health and wellness professionals like weight loss coaches and anyone who helps clients to transform their health or wellbeing in any way. Now, this industry is hugely prone to burnout as well, such as injuries and of course stress, weight gain and illnesses. So many people working in the health industry have beliefs and feels like, number one, good health should be free. So I'm horrible by charging. Number two, I'm taking advantage of people's illnesses. Number three, I can't offer people's solutions or supplements because I should not be selfie. Now, the whole reason that people come to you when you're a health professional is to learn how to better take care of themselves. Of course, good health is everyone's birthright. It's entitled. Okay, but some people need a little more help than others and they are coming to you for a solution.[00:04:32]Speaker 1: If they wanted, they could most likely find a low cost and no cost solution to DIY themselves like searching on YouTube. But they haven't. So they come to you for knowledge. And by you not giving them what you know, whether that's your knowledge and skills for a recommendation for a supplement, then you're not serving them to your best of your ability. You're actually stopping them from doing the work you are here to do. This affirmation I serve, I deserve. It's a really good one to use as a patent interrupter for those sorts of blocks. It reminds you that you are being serviced off to people and it's okay to charge in return for your expertise and experience. So my friend, you need to set boundaries. Now, this includes asking for payment up front and creating packages because that's really how transformation happens over time and sticking to time in sessions. Like for example, if it's 90 minutes, it's 90 minutes. Don't over give. I have made my own mistakes as well. Even my mentorship, my $38,000 mentorship programs, sometimes I give more than beyond just the 90 minutes and I feel tired and sometimes burned out.[00:06:03]Speaker 1: So working on your self esteem or selfworth will help you to stop attracting clients who want more, more and more for less, less money. Your ultimate less is to role model selfcare and wellbeing, charging well for your services means that you can actually help more people. It is true, right? You have more money, you have more energy, you have more energy. It brings back to more stable finances, more money. It loops, right? Soul Rich Woman, maybe you can put your expertise into a book, run online programs, or have energetic and financial space to act pro bono work to your clinic without resentment or burnout eventually. Coaches and consultants is another profession I see that faces a lot of money issues. Coaches often get tied up in their own perfectionism, which can be a huge consequences for their abundance.[00:07:05]Speaker 1: If you are a coach but you feel like you have to be more successful or earn more than your own clients, you feel like a fraud, a fake person because you're new. Feel like you have to be perfect before you can help others. Oh well then you have definitely got the most common blocks in your own industry. Now, I think coaches, whether you're a podcast coach or a mentor, often you feel like this is this way.[00:07:38]Speaker 1: Because it's really common for us to have problems that our clients are facing and we want to prove that we are past them ourselves. Clearing up the need for perfectionism, my dear, is a first step to not sabotaging yourself as a coach, a mentor or a consultant. Remember yourself that clients are coming to you for your skills, to hold them accountable, to hold the space for their dreams and to help them work through their feelings of not being good enough. Give yourself a break and treat yourself with as much compassion and love as you do for your clients. I do that for myself too. Next we have finance professionals like for example financial advisors, accountants. Well, all of you have a tendency towards perfectionism. Too many of you, because you talk about money, you think you have everything sorted out before you help others. But if you are a financial advisor and professional who feels ashamed because you are already in debt or your accounting is really in a mess. [00:08:54]Speaker 2: And for you to help another client in their financial and wealth, you feel really guilty.[00:09:01]Speaker 1: Because you don't always follow your own advice perfectly. And all these blocks are keeping you from helping more people. You might struggle to charge your clients because this comes to you easily, but you wonder why people would pay you to do their taxes. And to you it's obvious and easy, but not for everyone. Also, understanding the money blocks will help you to attract more clients because they are worried about you judging them. So when they see that you also have gone through it's like you're being relatable and clearing that perfect nationism in yourself will also help you to have more compassion for clients who get blocked around working with you in the first place. [00:09:50]Speaker 2: The next profession is spiritual healists. People in the selfdevelopment industry where you know they are in Riki, Feng Shui, Herod and other healing worlds who are really blocked about charging for their work. [00:10:08]Speaker 1: It's really common to hear like I can't charge for my gift. It's unethical to charge for spiritual things. Nobody wants to pay for spiritual help or they attract clients with victim mentality or can't afford to pay or reflect negative feedback about you charging for their gifts. So it's important to remember the affirmation I serve, I deserve. And remind yourself that when you release your blocks, more money can flow to you and you'll be able to help more people. I have a lot more to say on this one, so go on to the website at the end to listen more of what I have to share.[00:10:59]Speaker 1:  Artists and creatives are also another group. Of people about selling art pieces. So if you're on a creative business.Then it's likely you've got a block around charging for your art. There's a real risk that you are. Running the poor artist, poor starving artist script in your life. That you can't make a living from your art and it's somehow noble to live in poverty rather than selling out. It is as though art is more real because you've suffered. [00:11:33]Speaker 2: And another common belief is that nobody will pay for it or people don't appreciate creativity and you will really be the starving poor artist, at least until you clear your blocks. I know plenty of artists who have made abundant lives and businesses from their art without having to sacrifice their F word, their sanity or their bank accounts. And I know that you can too. The last group I want to talk about is my MLM people. [00:12:07]Speaker 2: Now, more and more people are ever partnering with MLM or we call the direct sales businesses. And yes, well, the money blocks is like 1000 times more than before. You know what? You have to deal with the imposter syndrome about not having real business because it's not yours, it's someone else. You're just carrying a brand and worrying about what people would think of you. Especially when you tell people your MLM, they're like, oh, I will run away from you. So you have really got to get over it and make sure that the partner, that the company you partner with has high values and a product that you genuinely love and then get building. [00:12:56]Speaker 2: So if you love today's episode and want to connect with me and hire me to do a one on one coaching, just a 45 minutes session, you can go to soulrichwoman.com/clarity-call. I look forward to speaking with you. And I love you and take care.[00:13:31]Speaker 3: The key to unlock consistent success. The key to unlock that diamond within you. No other things involved. This is what you need to do and must do tonight.[00:13:43]Speaker 1: You can do it because I've done it. As long as you have a mentor who can take you from where you are now to where you want to be, you can shortcut your success.[00:13:53]Speaker 3: You can be different in order to make a difference. Turn your talent into your business. Turn your passion into a paycheck by being you, by being you and only you.[00:14:06]Speaker 4: Give yourself a second chance. Never say no to your failures. As a woman we have the power in our hands. Never let your fears hold you back. Quit thinking and start doing. Life is really short and keep pursuing what you truly ever wanted to achieve.[00:14:22]Speaker 3: Women come together. Alone we are strong. Together we are unstoppable. The Soul Rich Woman blueprint is going to be transforming your life today, yesterday, last year. Because you took action today I'm going to say more power to you.
191: 5 Signs You Need to Increase Your Prices (Even if You’re Scared)
Nov 20 2022
191: 5 Signs You Need to Increase Your Prices (Even if You’re Scared)
You can always choose to increase your prices whenever you like. Yes, whenever you like!You don’t have to wait for a sign from the universe or someone like me telling you it’s time to increase your prices.But, there are five key signs that you’re ready to increase. Let’s dive in.#1 You’re getting really booked out.Being booked out doesn’t necessarily mean that you have millions of clients. What’s your version of being booked out?When I was doing one-to-one coaching, my “booked out” level was around about 15 clients a week. Other coaches I knew could easily handle 100 clients a week.Yours is whatever feels right for you and right now, you might feel that you’re feeling a little busy.Guess what? Pricing is all about supply and demand.If you have a lot of people clamoring for your services, chances are you can afford to increase your prices a little bit.It’s natural to be scared.When I started out every time I increased my prices, I would worry, “No-one’s ever going to book with me ever again. I’m never going to have any more clients. EVER”The truth is that when you have high demand for your services, the market can bear a higher price.The bonus is that you’ll work less and either earn the same or more. And you’ll have more energy to give your all to your clients. And bonus, you might have some creative space to write a book or make something that will serve even MORE people.That’s the first sign you should raise your prices, when you’re getting a bit too busy for comfort.Is that true for you? Yes or no?#2 Clients tell you you’re too cheap.The second sign (and this is a major one) is when you tell people your prices and they respond…“Oh, it’s so cheap.”This is particularly true when it comes from potential clients. Nobody wants to be too cheap.When you hear that repeatedly, take it as a massive sign that people have a different perception than you do around your worth.I was chatting to someone I perceived as quite famous. When they told me their prices, I thought, “That doesn’t feel like a good energetic match. I expected you to be a lot more expensive than that.”It made me second guess their ability.If people are telling you that repeatedly, listen to them and ask yourself:“Is my pricing a detriment to my brand?”Remember pricing is not simply the cost of your time, or cost of goods sold.Perception is a huge part of where you position yourself in the market, and WHO you want to attract.So, are people saying things like “Oh, I expected it to be a lot more than that,” it could be time to take action and increase your prices…#3 You’re attracting PAINFUL clients.If you’re getting a lot of pain in the butt clients who are constantly complaining, trying to negotiate on price, nit-picking with you over different things, and generally making your life hell – that is a HUGE sign that you’re an energetic mismatch to your current pricing.It’s the Universe’s way of forcing your hand.If you need help with setting boundaries for clients that are asking for the moon, read my advice on how to stop people pleasing and set healthy boundaries around your time and energy. Book my time. https://www.soulrichwoman.com/clarityYou deserve to have clients who gladly pay you for what you do.When you’re too cheap, (and this is the paradox), you think, “I’m over delivering so much and I’m trying to make it so affordable. Why aren’t they happy?”It’s not the price. You’re an energetic match to people who don’t appreciate you, because YOU are not appreciating your talents.You’re just attracting clients who mirror that energy.A big sign is when you get clients who ask, “Can you give me a discount?” when you know you are already affordable. Clients who ask for accommodations above and beyond what you’re comfortable with. Who overstep boundaries. Who take up WAY more time and energy than your full price clients.Sound familiar?When you charge appropriately for what you do, you’ll attract clients who mirror self-worth back to you.Trust me.So seriously, if you’re dealing with pain in the ass clients right now, it’s a huge sign that it’s time for you to upgrade your prices and attract more energetically aligned clients.If you need help with setting bound#4 You’re consistently creating amazing results for your clients.Especially when you create results that have an impact on their income.This isn’t just for people who teach business or money because you might have a business completely outside of that realm.Maybe you help people:Save time – so they can make more money elsewhere, or spend more time with their familySave money – by outsourcing a task or helping them become more efficient with their resourcesBecome more efficient in their business by doing something they aren’t good at. Again, time = money.You might help high achievers to become peak performers; for example, a kinesiologist or a health coach helps people to be the best that they can be, have more energy, have more confidence, break through blocks, etc.An amazing support person can save time and money, and allow their clients to work in their zone of genius.That can have a HUGE impact on someone’s bottom line.If you know that you’re getting amazing results for people and you’re getting better at it, then you deserve to be paid in line with the value and results that you accomplish.Simple.As you get more experience, you’re helping people shortcut their success as well.That’s a huge sign when you’re getting rave reviews and getting outstanding results for your clients, that you should increase your prices.Think – “I serve, I deserve,” which is a mantra that I think every entrepreneur should embrace.I serve, I deserve. Giving and receiving in equal weight.#5 You want to earn more money.It’s okay to just decide, “I’d like to get paid more for what I do.” Maybe you already know that you’re an energetic mismatch to your prices and you simply want to earn more. That’s totally ok.And it’s going to happen regularly over your entrepreneurial journey. Each time will feel scary and it’s normal to think, “Is anyone going to pay this? Am I really worth this?”Then you settle into it and it feels really good for a while. You feel okay about saying your prices without choking…and then…As you get even better at what you do, you might feel like you’ve outgrown your pricing again. Totally normal.So if you’ve been feeling itchy or that it’s time to expand, then DO IT – raise your prices.That is a huge, clear sign to get out of your comfort zone and go to the next stage.Nobody else is going to give you permission. You have to claim it for yourself.Ask yourself what would feel good to charge, even if it feels a little bit scary, a little bit exciting…?Remember, the same thing happens every time.You feel scared, you feel like no one’s going to pay it.You step into it and it’s comfortable.You attract the next level of client that you want to work with,You settle into it and then…sorry to tell you that it happens all over again.You have permission to earn more.Let’s recap the 5 signs you should increase your pricesNot ALL of these have to be true before you increase your prices by the way… even just one will do. You’re booked out. You can’t fit anyone else in because you’re in demand. Increase your prices. People keep on telling you, “You’re so cheap!” Take the hint – people have a different perception of you. Increase your prices. You get pain in the butt clients that just don’t appreciate you, no matter how much you’re over delivering. Time to increase your prices. You’re getting amazing results for people. You’re getting better at what you do. You’re short-cutting your client’s success. Time to increase your prices. Because you want to. It’s okay. You don’t have to wait for someone else to give you permission. Go for it. This can totally be your best month ever in business and sorting out your new pricing is a great place to start.It’s your time and you’re ready for the next step.[00:00:00]Speaker 1: This episode is brought to you by InstantPodcastLeader.com, the leading platform to launch your podcast in 48 hours and make it profitable. Get your free audiobook and free webclass at instantpodcastleader.com/webclass[00:00:18]Speaker 2: I believe we can change the world. But first we've got to stop living in fear of being judged for who we are.[00:00:26]Speaker 2: Hi, I'm Janisha Allura, founder of the number one leading female entrepreneur network in Southeast Asia, supporting 1 million women to own and love the F-word, being fabulous, having freedom, financial independence and family.[00:00:41]Speaker 2: With a challenge to women everywhere to stop talking themselves out of their dreams. Soul Why: Secrets of the Soul Rich Woman Blueprint identifies the excuses to let go of the behavior to adopt and the skills to acquire on the path to growth, confidence and believing in yourself, to be recognized as a leader online, with clients online and to have more impact on the world. Stop believing about the lies, about who you are, so you can become who you are meant to be. You're just an F word away from the life you want, the marriage you want, the family that you want is going to be fueled by the business and life that you build. Join me. Be a Soul Rich Woman. Alone, we are strong. Together we are unstoppable.[00:01:31]Speaker 3: Hey, gorges. Welcome to this episode. My name is Genecia Alluora. I am your money, mindset, energy, mentor. Bestselling author, founder of Soul Rich Woman. I teach individuals like yourself to increase your luck and wealth around the word S-O-U-L, soul. Now, today I want to talk about five signs you need to increase your prices. Even if you're scared, worried, or afraid of being judged, you know you can always choose to increase your prices whenever you like. Yes, whenever you like. You don't have to wait for a sign from the universe or someone like myself telling you it's time to increase your prices. But there are just five key signs that you're ready to increase. So let's get started. Number one, you're really getting booked out. Now, being booked out doesn't necessarily mean that you have millions of clients. What's your version of being booked out? When I was doing my one on one coaching, my booked out level was around 15 to 20 clients a week. Some other coaches I knew could handle about 100 clients a week. So yours is whatever feels right for you and feels right for you, right now. You might feel that you're feeling a little bit too busy and a little bit no space to breathe.[00:03:08]Speaker 3: Guess what? Pricing is all about supply and demand. So if you have a lot of people asking you for your services, booking up your time, chances are you can afford to increase your prices a little bit. It's natural to be scared. When I started out, every time I increase my prices, I will worry. No one's ever going to book with me again. They are going to complain about me I'm never going to have any more clients, ever. The truth is that when you have a high demand for your services, the market can have a higher price or can bear you a higher price. Now, the bonus is that you'll work less and earn more and either earn the same thing or even more, and you'll have more energy to give to all your clients. And bonus, you might have some creative space to write a book or make something that will serve even more people, like recording a podcast and doing some audiobooks or even coming up with online courses. Now, that's the sign or that's the first sign you should raise your prices when you're getting a bit too busy for comfort. Is that true for you?[00:04:32]Speaker 3: Yes or no? Let me know. Number two, clients tell you that you're too cheap. The second sign, and this is a major one, when you tell people your prices and they respond, wow, it's so cheaper. This is particularly true when it comes from potential clients. Nobody wants to be too cheap. When you hear that repeatedly, take it as a massive sign that people have a different perception than you do around your wealth. I was chatting to someone I perceived as quite famous. When they told me their prizes, I thought, that doesn't feel like a good, energetic match. I expected you to be a lot more expensive than that. And that made me second guess the ability. I was doubting whether they could do the thing or not. Now, if people are telling you that repeatedly, you really must listen to them and ask yourself, is my pricing a detriment to my brand? Is my pricing putting a lower value around my brand? Remember, pricing is not simply the cost of your time or cost of goods sold. It's a perception. That is the key. Now, perception is a huge part where you position yourself in the market and who you want to attract.[00:06:00]Speaker 3: So there are people saying things like, oh, I expected it to be a lot more than that. It could be the time to take action and increase your prices. Number three, you're attracting painful clients. If you are getting a lot of pain in the butt or pain in the arrows. Clients who are constantly complaining, trying to negotiate on price nitpicking with you over different things, and generally making your life shit and hell, that is a huge sign that you are an energetic mismatch to your current pricing. It's the universe way of forcing your way through to seeing the new light at the end of the tunnel. Now, if you need help with setting boundaries for clients, they are asking for the moon and the sun. Well, I want you to come and talk to me. Book my Clarity coaching session on how to stop people pleasing and set healthy boundaries around your time and energy. You deserve to have clients who gladly and happily pay you for what you do when you are too cheap. And the funny thing is, this is like the paradox. You think I'm over delivering so much, and I'm trying to make it so affordable.[00:07:23]Speaker 3: Why aren't they happy? It's not about the price. You are an energetic match to people who don't appreciate you because you are not appreciating your talents. You are just attracting clients who mirror their energy. A big sign is when you get clients who ask, can you give me a discount? When you know you are already affordable. Clients who ask for accommodations above and beyond what you're comfortable with. People who step over boundaries, who take up way more time and energy than your full price clients. Sound familiar? When you charge appropriately for what you do, you'll attract clients who mirror self worth back to you. Believe me, and trust me, I've been doing this for the last 20 years in my entire career. So, seriously, if you're dealing with pain in the ass clients right now, it's a huge sign that it's time for you to upgrade your prizes and attract more energetically aligned clients. And if you need help with setting boundaries, hey, come and speak to me. Book a coaching call, okay?[00:08:31]Speaker 1: Number four, you are consistently creating amazing results for your clients, especially when you create results that have impact on their income. Now, this isn't just for people who teach business or money, because you might have a business that's completely outside of that realm. Maybe you help people to save time so that they can make more money elsewhere or spend more time with their family. Or maybe you help people to save money by outsourcing a task or helping them be more efficient with their resources. Maybe you help people becoming more efficient in their business by doing something they aren't good at. Again, time equals money. You might help high achievers to become peak performers, for example, a kinesiologist or a health coach. That helps people to be the best that they can be, to have more energy, have more confidence, break through their blogs, etc. An amazing support person can save time and money and allow their clients to work in their zone of genius. Now, that can have a huge impact on someone's bottom line. If you know that you're getting amazing results for people and you are getting better at it, then you deserve to be paid in line with the value and the results that you accomplish.[00:09:53]Speaker 1: It's that simple. As you get more experience, you are helping people to shortcut their success as well. Now, that's a huge sign when you are getting a lot of amazing reviews and getting outstanding results for your clients. And that means it's time to increase your prices. Now, think about it. I deserve to be rich. When I add value to people's lives. Deserve it's a what? Serve. I serve, I deserve. So I believe that this is a mantra that I think everyone should embrace. All right? I deserve to be rich. When I add value to people's lives, I serve, I deserve giving and receiving in equal weight. Number five, you want to earn more money. Now, it's okay to just decide, I like to get paid for more for what I do. Maybe you already know that you are an energetic mismatch to your prizes and you simply want to earn more, and that's totally okay. It's going to happen regularly over your entrepreneurial journey. Each time will feel scary, and it's normal to think, is anyone going to pay this? Am I really worth this amount? Am I really adequately to receive this amount? Then you settle into it and it feels really good for a while.[00:11:24]Speaker 1:  You feel okay about seeing your prizes without choking. And then as you get even better at what you do, you might even feel that you've outgrown your pricing again, which is totally normal. So if you have been feeling itchy and it's time to expand, then do it, raise your prices. Now, that's a huge and clear sign to get out of your comfort zone and go to the next stage. Nobody else is going to give you permission. You have to claim it yourself. Ask yourself this question what would feel good to charge? Even if it feels a little bit scary, a little bit exciting? Remember, the same thing happens every single time. You feel scared. You feel like nobody is going to pay for it. You step into it and it gets comfortable. You attract the next level of client that you want to work with and you settle into it. And then, sorry to tell you that it happens all over again. So you know what? You have the permission to earn more. Let's recap the five signs you should increase your prices. Now, not all of these have to be true before you increase your prices.[00:12:45]Speaker 1: By the way, even just one will do. You don't need all five. Okay. Number one, you're booked out. You can't fit anyone else in because you're in demand. So increase your prices. People keep on telling you you're so cheap. Take the hint. People have a different perception of you. Increase your prices. Number three, you get pain in the butt clients that just don't appreciate you no matter how much you're over delivering. Time to increase your prices. Number four, you are getting amazing results for people, transforming them, helping them to be fabulous, have freedom, financial independence or happy family. And you are getting better at what you do. You are shortcutting your clients success to get them from stuck to unstoppable faster. Time to increase your prices. Number five, because you want to. And it's okay. You don't have to wait for someone else to give you permission to do it. So go for it. Now, this can be the best month ever in your business and sorting out your new pricing is a great place to start and it's important to take note of that. Okay, my dear, I know that you might be thinking, oh my God, how am I going to do this?[00:14:08]Speaker 1: Like I shared with you, you can totally do this. With my help, I've created a brand new free masterclass to help you identify your blocks and your limiting beliefs around money. I walk through with you step by step, recognizing and dealing with the common blocks that most individuals or entrepreneurs may have and you can get that for free at soulrichwoaen.com. And that is S-O-U-L-R-I-C-H-W-O-M-A-N.com. soulrichwoman.com. Remember, money blocks don't have to hold you back, doesn't have to hold you ransom and doesn't derail you. You can embrace them and move on to creating a life that you love. Fabulous freedom, financial independence and a happy family. So go do that now. Go check out Soulrichwoman.com because it is your time and you are ready for the next step. Let's get that money flowing today.[00:15:14]Speaker 2: Thank you for joining me today. I would love for you to connect with me on LinkedIn, Facebook or Instagram and share with me your thoughts on today's episode at Genesia Alluora. G-E-N-E-C-I-A-L-L-U-O-R-A. Alternatively, you can send me an email at hello@soulrichwoman.com. H-E-L-L-O @ S-O-U-L-R-I-C-H-W-O-M-A N.com. I have a free gift for you on our website. Secrets of personal branding. And also, how do you delegate 80% of your to do list to your assistant so that you can make money online and focus on your zone of genius?[00:16:01]Speaker 1: And that is available at soulrichwoman.com. S-O-U-L-R-I-C-H-W-O-M-A-N.com. Join the number one leading female entrepreneur network in Southeast Asia, connecting more than 200,000 women across the region. Be a Soul Rich Woman. Dream to shine. Woman leader. Leader activated. Alone, you are strong. Together, we are unstoppable.
190: Negative Feedback About Your Prices and How to Deal With it
Nov 13 2022
190: Negative Feedback About Your Prices and How to Deal With it
Dealing with Criticism About Your PricesSomething you are going to hear in your business, at some point is: you're too expensive.How does that feel?Ugh, like a dagger to the heart?The crazy fact is that often entrepreneurs are actually undercharging, not overcharging, but it can feel so deflating to hear this. Maybe prospective clients phrase it differently: "Oh, that's not what I was expecting," or "That's a little bit out of my budget."Same feeling right?!So what happens when you hear this? Negative feedback about your pricing can pull you down into a sinkhole of self-doubt. I've seen people literally throw whole businesses away over this.It’s absolutely going to bring up your money blocks. Stuff like: I'm excluding people, can I justify my price? So I’m sharing some tips on getting clearer on your pricing, and even, how to feel good about being told you're too expensive.I heard this more at the start of my business than I hear it now. Which is one of the first clues – it often shows up when you’re feeling vulnerable.5 ways to deal with criticism about your pricesDon’t take it personallyHave a charitable sector of your business if you want to help those on a lower incomeGet really clear on your offeringWork on your self worthSee it as a rite of passage!Let’s take a look at these in more depth.#1. Don’t take it personallyIf you feel even a little uncertain about your product or service, about starting out in business, this criticism will hit you harder. Sometimes when you're afraid of it happening, that's when you actually attract it most. I'm just not that bothered about it anymore. When I started out those words absolutely paralyzed me and they really stunted my income.What is expensive anyway? Who even knows, right? So let's just say the ‘correct’ pricing is a meaningless, made-up concept, and you can just charge what you want. When someone says you're too expensive, they mean you're too expensive for me right now. It's just a mismatch. It's not a mistake on your part, you're not being exploitative. It's about them, not you, and it's absolutely not personal.My philosophy is: the price is the price, and it's either worth it to me right now, or it's not. It's okay to be too expensive for some people. It doesn't mean you have to shift and change things, it doesn't mean you have to offer them a discount. The first thing to do is really check in with yourself and see what else it's bringing up. It might be bringing up feelings of being excluded yourself. #2. Have a charitable sector of your business if you want to help those on a lower incomeSome entrepreneurs mix up their philanthropy or charitable giving, with their business. This might show up as really wanting to help a target market because they're struggling.Separate it out: Perhaps 10% of your business is for people on a low-income. #3. Get really clear on your offeringLook at your marketing and see where you are not showcasing your value. Maybe you're just not being really clear on the transformation you’re offering. Often it's just a mismatch of pricing. How can you help people afford your offer - what would they need to sell? 5 extra clients? 5 speaking gigs? What can you do for people so they can easily make back that investment? That will take the sting out of “You’re too expensive.” You've just targeted your business to the wrong person, they can't clearly see the value.#4. Work on your self worthIf you don't feel good in your pricing, you will sabotage every sales conversation, every link on your website. You have to work on your deserved-ness to charge your true worth. Without doing that inner work, it honestly doesn't matter. It’s not about what you do, what you charge, or who you're targeting your business to. If you’ve not done the mindset work you're always going to feel like a fraud. You'll have imposter syndrome, you will sabotage the sales conversations and you'll just feel wrong about charging.So in order to hear “you're too expensive,” less, the first step is to work on your inner value. If you feel like you're not worth it, you're going to attract people who mirror that back to you, no matter what you charge. If you don't believe me, think back to times when you've discounted, you've undercharged, you've massively over-delivered, and the client still wasn't happy. They're reflecting back your self-worth to you. #5. See it as a rite of passageBeing told you're too expensive is a business rite of passage. Once you've done the inner work, you'll become less attached and take it less personally. You can just shrug it off.”That’s true for you, that's where you're at.” This is what's true for me: I give great value, I am worth it.It’s good to let clients know that, not only are you not too expensive, you're not taking it personally. “When you’re ready to work with me let me know. And just a reminder that my prices are going up in three month’s time.”Even if you charge a dollar, someone's going to ask you why you're not doing it for free. You’re not required to serve everyone. Not everyone's an energetic match.So, let’s remove some of the sticky stuff around this feedback and just see it as an energetic rite of passage.It’s your time and you’re ready for the next step.[00:00:00]Speaker 1: This episode is brought to you by InstantPodcastLeader.com, the leading platform to launch your podcast in 48 hours and make it profitable. Get your free audiobook and free webclass at instantpodcastleader.com./webclass. I believe we can change the world. But first we've got to stop living in fear of being judged for who we are.[00:00:26]Speaker 2: Hi, I'm Genecia Alluora, founder of the number one leading female entrepreneur network in Southeast Asia, supporting 1 million women to own and love the F word. Being fabulous, having freedom, financial independence and family. With a challenge to women everywhere to stop talking themselves out of their dreams. Soul Why secrets of the Soul Rich Woman Blueprint identifies the excuses to let go of the behavior to adopt and the skills to acquire on the path to growth, confidence and believing in yourself to be recognized as a leader online, with clients online, and to have more impact on the world. Stop believing about the lies, about who you are, so you can become who you are meant to be. You're just an F word away from the life you want. The marriage you want, the family that you want is going to be fueled by the business and life that you build. Join me. Be a Soul Rich Woman. Alone, we are strong. Together, we are unstoppable.[00:01:32]Speaker 1: Hey, gorgeous. Welcome to this episode. My name is Genetic Alluora. Money, mindset, energy mentor, best selling author and founder of Soul Rich Woman. I teach people to increase their luck and wealth around the word S-O-U-L, soul. Today I want to talk about the negative feedback about your prizes and how to deal with it. Now, dealing with criticism about prizes is real and it's something that you are going to hear in your business and at some point, hey, you're too expensive, you charge too high. Why is yours the five figures? Other people are charging three digits. Now, how does that feel? So painful, Genecia like a dagger to your heart. The crazy fact is that often entrepreneurs are actually under charging, not overcharging. But I mean, it can be so deflating to hear this. Maybe prospective clients phrase it differently. For example, oh, that's not what I was expecting. This one is a little bit out of my budget. Maybe not for now. Same feeling, right? So what happens when you hear this? Negative people, I mean, negative feedback about your pricing can pull you down into this rabbit hole of self doubt, kind of spiraling down into quicksand and it's never ending.[00:03:04]Speaker 1: It might lead to moodiness, depression, and even throwing your business away, literally. I've seen people throwing their business out of the window because of this pricing thing. It's absolutely going to bring up your money blocks. Stuff like, am I excluding people? Am I not good enough? I'm inadequate. Is it because it's not right for me to be rich? Can't I justify my price? Is it all right for me to price this five figure, six figures so I'm sharing some tips on getting clearer on your pricing and even how to feel good about being told that you are too expensive or you charge too high or you are premium. I heard this more at the start of my business than I hear it right now, which is one of the first clues that it often shows up when you're feeling really vulnerable. Now, there are five ways to deal with criticism about your prices. Number one, don't take it personally. Number two, have a charitable part of your business if you want to help those on a lower income. Number three, get really clear on your offering. Number four, work on your selfworth. Number five, see it as a rite of passage, like a transition to get from where you are now to where you want to be much, much faster, going from stuck to unstoppable and living your dreams.[00:04:39]Speaker 1: Let's take a look at these in more indepth. Number one, don't take it personally. Now, if you feel even a little uncertain about your product or service, about starting out in business, this criticism will hit you harder. Sometimes when you're afraid of it happening, that's when you will actually attract it the most. Now I'm just not bothered about it anymore. When I first started out, those words will completely paralyze me, and they really reduce my income a lot. The question is, what is expensive? Really, what is expensive? Who even knows, right? So let's just say that the correct pricing is a meaningless made up concept and you can just charge what you want. When someone says that you are too expensive, they mean that you are too expensive for me right now. It's just a mismatch. It's not a mistake on your part. You are not being exploitative. You are not trying to overcharge, it's not that it's about them. You trigger something in them. It's not about you. And it's honestly nothing personal at all. My philosophy is this the price is the price. Whether it's worth it to me right now or not, it's really okay to be too expensive for some people.[00:06:08]Speaker 1: It doesn't mean that you have to shift and change things, and it doesn't mean that you have to offer them a discount. The first thing to do is to really check in with yourself and see what else this is coming up or bringing up. It might be bring up the feelings of not good enough or being excluded even about yourself. Number two, have a charitable sector of your business if you want to really help those on a lower income. Some entrepreneurs mix up their philanthropy or charitable giving with their business. Now, this might show up as really wanting to help a target market because they are struggling. I would say separate it out. Perhaps 10% of your business is for people on a low income. Number three, get clear and really clear on your offering. Look at your marketing and see what or where you are not showcasing your value. Maybe you are not really being clear on the transformation that you're offering. Often it's just a mismatch of pricing. For example, how can you help people afford your offer? What would they need to sell five extra clients, five extra speaking gigs? What can you do for people so that they can easily make back that investment that will take the sting out of the you are too expensive and you've just targeted the business to the wrong person and they can't clearly see your value.[00:07:42]Speaker 1: So really get clear on your offering so that they can see your value and pay what you are worth. Number four, work on yourself. Worth. Now, if you don't feel good in your pricing, you will subattach every sales conversation, every link on your website.[00:08:03]Speaker 1: You have to work on your deserved nurse to charge your true worth without doing that inner work. It doesn't matter really. It's not about what you do or what you charge or who you're targeting your business to. You can have the best marketing and business strategy. But if you have not worked on your mindset, you're always going to feel like you are a fake or you're fraud. You'll have to work on this imposter syndrome or else your sabotages will keep coming and will sabotage your sales conversations and you'll just feel wrong about charging. So in order for you to hear you are too expensive, less often the first step is to work on your inner value. If you feel like you're not worth it, you are going to attract people who mirror that back to you no matter what you charge. If you don't believe me, think back to those times that when you have discounted, you have under charge, you have massively overdelivered and the client still wasn't happy. They are reflecting back your self worth to you. Number five, see it as a rite of passage, a transition to go from where you are now to where you want to be much, much faster.[00:09:23]Speaker 1: Go from stuck to unstoppable to leave the dreams that you truly desire. Now, being told that you are too expensive is just a business rite of passage or what I call transition phase. Now, once you've done the inner work, you'll become less attached and take it less personally. You can just say, oh, I mean that's true for you and that's where you're at. Now, this is what's true for me. I give great value. I am worth it. You got to tell yourself this, I give great value. I am worth it. It's good to let your clients know that not only you are not too expensive, you are not taking it personally. When you are ready to work with me, let me know. And just a reminder that my prices are going up in three months time. So you can tell them that and be confident with your energy. Even if you are charging a dollar, someone is going to ask you why are you not doing it for free? Even if you charge ten cents or fifty cents, people or someone is going to ask you why don't you do it pro bono? You are not required to serve everyone.[00:02:39]Speaker 1: Not everyone is an energetic match. So let's remove some of the sticky stuff around this feedback and just see as an energetic rite of passage, I really believe that this is your time and you're definitely ready for the next step. And something I want to share with you is this at the end of the day, nobody can stop you and nobody can hold you back except yourself. All right. All right gorgeous. I love you and I'll speak to you soon. Bye for now.[00:11:13]Speaker 2: Thank you for joining me today. I would love for you to connect with me on LinkedIn, Facebook or Instagram and share with me your thoughts on today's episode at Genesia Alluora. G-E-N-E-C-I-A-L-L-U-O-R-A. Alternatively, you can send me an email at hello@soulrichwoman.com. H-E-L-L-O @ S-O-U-L-R-I-C-H-W-O-M-A N.com. I have a free gift for you on our website. Secrets of personal branding. And also, how do you delegate 80% of your to do list to your assistant so that you can make money online and focus on your zone of genius? And that is available at soulrichwoman.com. S-O-U-L-R-I-C-H-W-O-M-A-N.com. Join the number one leading female entrepreneur network in Southeast Asia, connecting more than 200,000 women across the region. Be a Soul Rich Woman. Dream to shine. Woman leader. Leader activated. Alone, you are strong. Together, we are unstoppable.
189: 3 Money Blocks That Stop You From Earning What You Deserve!
Nov 6 2022
189: 3 Money Blocks That Stop You From Earning What You Deserve!
3 Money Blocks That Stop You From Earning What You Deserve! Are you thinking that you're spiritual and you don't deserve to make money? Or is money flowing easily into your business right now? Are you a tire card reader, a spiritual entrepreneur, a healer, a crystal energy healer, a crystal seller? We are going to talk about a few things that you might be blocking money into your business and most importantly, how to fix them.Money block 1: Not having offers for people to buy from you.Money block 2: You are blocking the flow of your money into your business.Money block 3: Wasting so much of your time running your own business.In this episode, key takeaways:1. I deserve to be rich when I add value to people's lives.2. Have an intermittent call to action to tell them.3. Money is an energy that needs to give and receive.4. You have to make the offer for money to flow.5. Fix and create some clear, specific offers.6. There's always more mindset work to do.Key Resources:Subscribe to Genecia’s Youtube channel: https://www.youtube.com/c/SoulRichWomanVisit SRW’s website: https://www.soulrichwoman.comFollow Genecia on Instagram : (@Geneciaalluora)Follow Genecia on Facebook: https://www.facebook.com/geneciaalluora/Check Genecia’s LinkedIn: https://www.linkedin.com/in/genecia/Free Resource: "Soul Why: Soul Rich Woman Blueprint" and "How to Delegate 80% of your to-do list" ---> https://be.soulrichwoman.comSecrets of Manifesting Money Quickly Online Course ---> https://shor.by/moneymindset[00:00:00]Speaker 1: This episode is brought to you by InstantPodcastLeader.com, the leading platform to launch your podcast in 48 hours and make it profitable. Get your free audiobook and free webclass at instantpodcastleader.com./webclass. I believe we can change the world. But first we've got to stop living in fear of being judged for who we are.[00:00:26]Speaker 2: Hi, I'm Genecia Alluora, founder of the number one leading female entrepreneur network in Southeast Asia, supporting 1 million women to own and love the F word. Being fabulous, having freedom, financial independence and family. With a challenge to women everywhere to stop talking themselves out of their dreams. Soul Why secrets of the Soul Rich Woman Blueprint identifies the excuses to let go of the behavior to adopt and the skills to acquire on the path to growth, confidence and believing in yourself to be recognized as a leader online, with clients online, and to have more impact on the world. Stop believing about the lies, about who you are, so you can become who you are meant to be. You're just an F word away from the life you want. The marriage you want, the family that you want is going to be fueled by the business and life that you build. Join me. Be a Soul Rich Woman. Alone, we are strong. Together, we are unstoppable.[00:01:32]Speaker 3: Hey, gorgeous. Welcome to this episode. My name is Genecia Alluora, founder of Soul Rich Woman, money, mindset, energy mentor, and also a bestselling author. Now, I've got a question for you. Are you thinking that you're spiritual and you don't deserve to make money? Or is money flowing easily into your business right now? Are you a tire card reader, a spiritual entrepreneur, a healer, a crystal energy healer, a crystal seller? Whatever that you may be, anything that's related to spiritual and whatever you think, you're creative and spiritual right now, listen closely. Do you feel that there's money flowing into your business right now, or could there be something blocking it? And you might think, why would I do that? Genesia? Why would I block money into my life? I know that this sounds really crazy, but the truth is, a lot of my clients that I've seen who are related in the spiritual arena often have some blocks. They are saying that if I'm spiritual, I shouldn't make some money, I shouldn't charge so high. There's a lot of inner mindset blocks that are actively stopping us from making money. Plus, there are also some really practical things that you might be unknowingly doing that are just detrimental to your business.[00:03:00]Speaker 3: So today we are going to talk about a few things that you might be blocking money into your business and most importantly, how to fix them. All right? So the first block is simply not having offers for people to buy from you when you're doing cart reading, selling crystals, doing energy readings, for example, on live streams, on TikTok, on social media platforms, and you're sharing your vibes with people. And then people come to you, they get a free reading, and you're not having offers for them because you said, well, I'm giving it for free. How can I ask for the offer? Would they think that I'm hard selling them? Would I be too much if I were to do free and then call for action right on the next step? So simple, right? Let's get straight to the point. Now, it's obvious that I didn't even know why I have to say this, but you know that if you are not going to give your customers away an offer, they are not going to be able to give you the money. Even though you're spiritual, you're helping people. Always remember this. I deserve to be rich when I add value to people's lives.[00:04:13]Speaker 3: Come, say it with me. I deserve to be rich when I add value to people's lives. I deserve to be rich when I add value to people's lives. When you serve in deserve spelled as S-E-R-V-E, you deserve to be rich when you add value to other people's lives.[00:04:35]Speaker 3: Now, it's simple, but yet at the same time, it breaks my heart when entrepreneurs like yourself or someone, a healer or spiritual or creative entrepreneur who are rejecting this idea, or they don't really know how to do it the right way. And it allows them to have more in their life since they've already been giving so much value because they have really beautiful services and really beautiful products that the world really needs right now. So sometimes, to a certain extent, I feel they are kind of hoarding their gifts by not allowing people to buy. So if you're a healer, you're a creative entrepreneur, you're a spiritual person entrepreneur. You do card reading, tarot card reading, oracle reading. You do like energy reading, whatever that may be. Okay? You want to make the world a better place to help people.[00:05:33]Speaker 3: So this is something you want to watch out for. You can be so caught up about giving free services that you forget that you actually are running a real business and you have a dream as well. It's not like you are doing a service and then you feel really small and you don't deserve to be paid, right? Think about this. If maybe you run a big free networking group, let's say if you run a community or run a group after you've built up the people in your group, and then you say, okay, come, I have this group now. Everyone can sell inside there. Everyone can talk about it. Everyone can be inside this group that you have formed that allow people to network. During this time even though you're the leader of the group being spiritual or creative, you never really actually tell people how they can work with you further. For example, maybe you do something like free angel readings, tarot card readings, astrology, or maybe you do aura readings or crystals energy sharing. But you never really tell people that they can have a full, personalized, paid, VIP one on one reading with you.[00:06:55]Speaker 3: You never really tell them. And probably you just go on and on about helping somebody throughout the entire hour when you are doing the sharing but never considered how to have intermittent call to actions to tell them that they can have a full reading for you. Now, I don't want to be pouring cold water on you, okay? I don't want to be doing that. But you know that money is an energy that needs to give and receive. And believe me, my dear, you can do both. Making money and helping people are not exclusive. In fact, they are inclusive. It's allowing yourself to be able to receive. So if you can provide a ton of awesome and free information, free content for people, now it's a great time for you to give people the next step to actually work further and give you the money. Okay? I know that some of you are rejecting the idea of people paying you money or paying you good money because in your energy space, it just does not feel right for you.[00:08:11]Speaker 1: So I want to share with you this. You really have to consider my suggestion. You have to make the offer for money to flow, whether it's a small, medium or large, whatever the size of the amount that may be. Well, do something about it. So here's the way to fix and create some clear, specific offers.[00:08:32]Speaker 1: If you are making this mistake in your business, the answer is really very simple and you don't have to overcomplicate it. Just create a clear offer, like a menu. Step one, step two, step three. Menu, offer one, offer two, offer three. So, simplified menu or a simple menu in a way that is standardized for you to repeat your offer.[00:08:58]Speaker 1: So that when people ask you, how can I work with you? And you just share with them what you have to offer, how exactly you can help them, and how to book your time, maybe through a scheduling link on a calendar, whatever that may be. So just here are some ideas for you. So if you have got a service page on your website, make it really clear and obvious. A website with everything equals to nothing.[00:09:26]Speaker 1: Meaning that when people land on your website or a landing page, you must clearly tell them how long? What is it going to be like? How much it is going to be. So here's how to work with me. This is what you expected to get, okay?[00:09:43]Speaker 1: And there are some reminders. So kind of paint the whole picture for them, even when you're not there to allow them to read during the time when they decide to book with you or decide to want to work with you. So have it in your navigation bar or distinct call to action, says book here. Now, don't hide what you do or make people work for it at the end of every single newsletter or social media post. Now, this is something very important.[00:10:13]Speaker 1: Don't try and hide things. I used to make this mistake. I do not want to sell or talk about how people can work with me in my emails. I always try to just give free and free and free within my emails, within my sharing and say no. Find out more.[00:10:30]Speaker 1: I'm going to offer you another free five days, another free download, and forever I'm just offering myself for free, offering my services without telling people the next step, how they can work with me. So in the end, well, you know how my business went previously. So honestly, my dear, tell them how they can work with you. Don't be shy.[00:10:54]Speaker 1: You're already giving so much value. All right. Another idea is they can really create a simple passive income product like an audio book or an ebook. There's something for them to buy on your website all the time, even if it's small or low cost. For example, a small mini e-course about tarot card reading, healing, about crystals, something that is in the audio or even an ebook format or even in videos, okay?[00:11:25]Speaker 1: Something that allow people to work with you. Finish this course. I mean, you've got your computer and launch it. I know it's so simple and yet it's so easy to procrastinate on this. But you know what?[00:11:40]Speaker 1: When you give someone a freebie, you must be able to call for it. That means whether it's online or in person, just tell the person, okay? After this, you can have the next step. $21, $50, $100, whatever that may be, right? And you can literally say, if you enjoy this free video, if you enjoy this, the next step is to book a session with me or buy my book.[00:12:06]Speaker 1: Click here. So none of this has to be perfect, but you need to give people a very simple next step so that they can give you the money. It's all about energy exchange, share offers so that your ideal people know that it exists and you have it, right? So it's super simple. So create offers that allow people to give you the money.[00:12:32]Speaker 1: Okay? The second way is that you are blocking the flow of your money into your business. That is not easy to make people actually to pay you. For example, people say, okay, how do I pay you the money? I want to book a card reading.[00:12:49]Speaker 1: I want to buy an aura service like aura reading, energy healing. I want to do some self healing, or I want to do some crystal energy healing. Okay? And then you are like, okay, can you pay now me? Can you do this?[00:13:07]Speaker 1: Instead of giving them a link where they can automatically click in a time that when you are sleeping, you need to entertain them, you need to talk to them, you need to go a few more steps before collecting the money. So it's really complicated, right? You make things so complicated, but in your world, maybe to you it's like, it's okay as long as you transfer me the money. Do a bank transfer, it's okay. How about if you consider this, if there are hundreds of them who want to book a time with you, and everybody requires your time to, oh, can I do a transfer?[00:13:42]Speaker 1: Can I use a check? Can I use a check? And it gets so complicated because you have to check and waste your time in multiple occasions, in multiple platforms to keep checking whether you've received the payment. And in the end, money just flies away because there's so much blockage in receiving money. So if you've got a link, it's something easy for people to buy.[00:14:04]Speaker 1: So using money and bringing in money to you needs a practical mechanism to actually let the money come to you and allow people to give money to you. So my advice is don't get caught up in finding the perfect system and don't try to spend hours trying to reduce the fees of collecting money, trying to save that 0.1% or 0.2%. It's still money if you're trying to save, but you're wasting so much time. Remember, how much is your time worth? When you are working for people in a nine to five job, you are always asking for how much am I going to be paid per hour?[00:14:45]Speaker 1: But when you're doing your own business and you're like, okay, I'm trying to save this amount, save that amount, and I want to find ways to save more money. And in the end, you're wasting so much of your time in running your own business. And because of that, you are actually making a loss because of the time spent and time wasted. So just remember, fees are just the cost of doing business. It is part of doing a business.[00:15:14]Speaker 1: Now, I hear a lot of my entrepreneurs, spiritual entrepreneurs, creative entrepreneurs get really annoyed, upset about giving PayPal, stripe authorized net all the fees and they're always saying why they must collect so much money? Why do they have to do this? Hey, come on, think about it. They are running a business and they are giving you an easy way for you you to collect money internationally.[00:15:44]Speaker 1: Nothing wrong with that. Okay? When you talk about arigato money, when we talk about clearing money blocks, these are blocks that you really have to clear. So it's okay to pay credit card transaction fees because well, it's part of the cost of doing a business and making it easy for people to pay you.[00:16:04]Speaker 1: So always think of your customer and how to make it easy for them. Now there are a lot of tools now that will help you to accept credit cards on your website or over the phone or you even can create payment plans for your customers. Things like fees are just a small price to pay to have a potentially global online business where you can help people all around the world. But if you think but if you make your customers jump through too many hoops to pay you, they might just go somewhere else. So don't create more obstacles than they already are. Okay, so the fix is simple. Just set up your payment account, make it easy for people to pay you, maybe upgrade your systems or allow your customers to pay upfront so you don't have to invoice them or change them. Maybe it's setting up something like PayPal Live shared with you PayPal Stripe or Authorized Net, okay, whichever that is easy for you. And then even linking up more credit card systems to your invoicing system. Maybe it's just as simple as adding a buy now link and making it really obvious on your website.[00:17:18]Speaker 1: I know it seems like a hassle now. You're like oh my god, Genecia, I have to go to the website, I need to log in. How do you do this? I don't spend another 4 hours doing this. Sister, my dear, gorgeous, you know what, you might be resistant about it right now, but you know what, it makes it easier for people to give you money. One time effort equals to a thousand times thereafter. And after that you can even make it simpler by creating automated emails to go out when someone have paid you. So that way you don't have to follow up manually with every client or customer individually. It's simple stuff but it will help you with the flow of money. Now here's the last one. Maybe the biggest way that you are blocking the flow of money right now and it's not making money mindset as a priority in your business. Now if you have read any of my books, well, you know that money mindset is never done. And the reason why? Because your money blocks will come up again and again in your business journey pretty much every time you hit a new level in your business or in your life.[00:18:32]Speaker 1: But way too many people just do a little bit of the mindset work and then they think, oh, getting another certificate or they just tinker with things like their branding when it doesn't make them money. And well, I'm sorry and not sorry to share this with you. There's always more mindset work to do. Mindset work is forever. Like a kid, like a puppy. Mindset isn't just for Christmas, isn't just for the new Year, isn't just for Valentine's Day, it's the rest of the life. Most of the successful people I know always work on their mindset beyond anything else, and they prioritize mindset as much as they do strategy and marketing. I really recommend that when you invest is not just to invest in other material stuff, but really maintain your mindset as you do your investment on anything else. I want you to consider my suggestion to block out regular time each week to look at your blocks and work out what you need to do to go to the next level. Because a clear mindset will help the flow of money into your business and into your life. Otherwise, you will repeat and go round and round in circles.[00:20:04]Speaker 1: You'll do sabotaging behaviors, you'll hide away, you feel guilty, you won't make offers, you have no call to action, you'll procrastinate and you'll always run away, launching, doing stuff, writing your books, launching a podcast, and otherwise sabotage your success. So I want you to add mindset experts into your team, like, including working with someone like me on your mindset. And I'll be happy to do that with you. And it's totally okay to pay for that kind of help. I think it's super important. Okay, gorgeous. Well, that's how you let money flow. You make offers, you make it really easy for people to pay you, and you continuously work on your money blocks. It does not have to be hard, I promise you. Okay, now, the last thing I want to offer is some extra insight into identifying and clearing your particular money blocks. I've created a brand new free Master class to help you identify your blocks and your limiting beliefs about money. I'll walk through with you step by step, recognizing them and dealing with these common money blocks that most entrepreneurs have, whether you're spiritual, you're creative, or you're just dealing with life.[00:21:29]Speaker 1: And you can get that today at soulrichwoman.com. S-O-U-L-R-I-C-H-W-O-M-A-N.com. Soulrichwoman.com. Okay? You know that money blocks do not have to stop you derail you from your dreams and your goals in your life. You can really embrace them and move on to creating the F word life that you truly deserve being fabulous, having freedom, financial independence, and a happy family. So do that. Now go check out soulrichwoman.com right now, S-O-U-L-R-I-C-H-W-O-M-A-N.com, because this is your time and you are ready for the next step. I sincerely love you, sending you my love, and I'll speak to you soon. Let's get that money flowing right now. Bye for now.[00:06:19]Speaker 2: Thank you for joining me today. I would love for you to connect with me on LinkedIn, Facebook or Instagram and share with me your thoughts on today's episode at Genesia Alluora. G-E-N-E-C-I-A-L-L-U-O-R-A. Alternatively, you can send me an email at hello@soulrichwoman.com. H-E-L-L-O @ S-O-U-L-R-I-C-H-W-O-M-A N.com. I have a free gift for you on our website. Secrets of personal branding. And also, how do you delegate 80% of your to do list to your assistant so that you can make money online and focus on your zone of genius? And that is available at soulrichwoman.com. S-O-U-L-R-I-C-H-W-O-M-A-N.com. Join the number one leading female entrepreneur network in Southeast Asia, connecting more than 200,000 women across the region. Be a Soul Rich Woman. Dream to shine. Woman leader. Leader activated. Alone, you are strong. Together, we are unstoppable.
188: Achieve Financial Freedom: How to Clear Your Money Blocks
Oct 30 2022
188: Achieve Financial Freedom: How to Clear Your Money Blocks
Achieve Financial Freedom: How to Clear Your Money BlocksI described a money block as anything that holds you back from making the money you want, creating the abundance that you want, and finding those opportunities that you want. In Soul Rich Woman, we talk about the word soul. I always teach about how to increase your luck and your wealth and abundance of money in your life.You might not be aware of all of them but they are there.  Maybe you have forgotten them or it's a completely hidden story that sabotages you in really sneaky ways. A lot of people don't think they have any money blocks.Example 1: Maybe I'm not just good enough for business yet.Example 2: Comparing themselves to somebody who's more successful.Example 3: Rich people are only for them and it's not for me.Example 4: You think that you have to work harder.Example 5: You are not making enough money because it's something outside of yourself.In this episode, key takeaways:1. Every single one of us has money blocks.2. Uplevel your marketing to make sure your value is clearer.3. Control what you earn.4. Money amplifies who you are.5. Money blocks don't have to stop your life.Key Resources:Subscribe to Genecia’s Youtube channel: https://www.youtube.com/c/SoulRichWomanVisit SRW’s website: https://www.soulrichwoman.comFollow Genecia on Instagram : (@Geneciaalluora)Follow Genecia on Facebook: https://www.facebook.com/geneciaalluora/Check Genecia’s LinkedIn: https://www.linkedin.com/in/genecia/Free Resource: "Soul Why: Soul Rich Woman Blueprint" and "How to Delegate 80% of your to-do list" ---> https://be.soulrichwoman.comSecrets of Manifesting Money Quickly Online Course ---> https://shor.by/moneymindset[00:00:00]Speaker 1: This episode is brought to you by InstantPodcastLeader.com, the leading platform to launch your podcast in 48 hours and make it profitable. Get your free audiobook and free webclass at instantpodcastleader.com./webclass. I believe we can change the world. But first we've got to stop living in fear of being judged for who we are.[00:00:26]Speaker 2: Hi, I'm Genecia Alluora, founder of the number one leading female entrepreneur network in Southeast Asia, supporting 1 million women to own and love the F word. Being fabulous, having freedom, financial independence and family. With a challenge to women everywhere to stop talking themselves out of their dreams. Soul Why secrets of the Soul Rich Woman Blueprint identifies the excuses to let go of the behavior to adopt and the skills to acquire on the path to growth, confidence and believing in yourself to be recognized as a leader online, with clients online, and to have more impact on the world. Stop believing about the lies, about who you are, so you can become who you are meant to be. You're just an F word away from the life you want. The marriage you want, the family that you want is going to be fueled by the business and life that you build. Join me. Be a Soul Rich Woman. Alone, we are strong. Together, we are unstoppable.[00:01:32]Speaker 1: Hey, gorgeous. Welcome to today's episode. Well, my name is Genecia Alluora. I'm a mindset, mentor, best selling author, and creative founder of Soul Rich Woman. I have done multiple businesses, run a female entrepreneur network, and every day I am still working on my money blocks every single day. And today, I help entrepreneurs and women, all individuals like yourself, to identify and clear your money blocks so that you can earn the money you deserve and break through your income blocks. So let's talk about money blocks. What are money blocks? These are questions that I often get from people who probably hurt me doing live streaming. They hurt me share on other podcasts or even on my shows. Now, you might have found this podcast or training program even by searching money blocks or something like why can't I make more money? Why am I still stuck? Why am I feeling that I cannot receive more? Or maybe you're conflicted about money right now, kind of going places, going around and round in circles, and you can't seem to find a way out for a very long time. Or maybe you're just starting an online business or a new business and you're starting to get scared, worried and how much to charge.[00:03:10]Speaker 1: Or even you're procrastinating sending out an invoice and you're wondering what's going on. You know what? You might be wondering if the fact that you have even any money blocks at all. Well, for spoiler alert, it's true that you and I do have money blocks and so does every single one of us. Tens and thousands of entrepreneurs I've worked with over the last two decades. So what are money blocks. If you haven't been in my community here in Soul Rich Woman or you've even not read one of my best selling books, you might not have heard the term of money blocks before till now. Now, the concept of money blocks in itself is really quite strange because on the surface why wouldn't we want to make more money? It's kind of weird to think about it. Why wouldn't we want more money, more abundance? We want more salary, higher paycheck, better opportunities, more clients, more and more. And that's why you must stay vigilant and constantly work on them. So how do you know if you have them and what do you actually do about those money blocks? So in my program and in my books, I described a money block as anything that holds you back from making the money you want, creating the abundance that you want, finding those opportunities that you want.[00:04:56]Speaker 1: In soul, rich woman, we talk about the word soul. I always teach about how to increase your luck and your wealth and abundance of money into your life. How do you have luck and wealth? So this is usually underlying belief around fear or about money. You might not be aware of all of them but they are there, they are there. They are hiding. They are probably hidden in some closet somewhere in your soul. Maybe you have forgotten them or it's a completely hidden story that sabotages you in really sneaky ways. For example, a lot of people don't think they have any money blocks. They just think well, maybe I'm not just good enough for business yet, maybe I'm not passionate enough or maybe I'm not this person, I'm not that person kind of comparing themselves to somebody who's more successful than them and using them as an excuse to hold themselves back. Or maybe I'm not meant to be rich. Rich people is only for them and it's not for me. Or maybe you think that you have to work harder or maybe you're not qualified yet and it's too easy to think that you are not making enough money because it's something outside of yourself.[00:06:23]Speaker 1: My parents unrich, my family is not well to do, I'm not born with a silver spoon. So it's like the economy when my clients are always broke or always they are saying like oh, because of the economy, it's because of the recession, it's because of the government, it's because of the politics, et cetera, they will always use something and something else, an excuse outside of themselves or even yourself. Now, don't get me wrong, don't be angry with me, okay? Don't be angry with me, don't be upset with me because there are external factors that can totally impact what you are earning now. Okay? I totally get that. I understand and I hear you. However, believing that you can't do anything about those factors and start earning more, well, you know what? That's an inside job that you can control, and you can turn it around in your favor. In fact, you can increase your luck and wealth easily and super easily. So just make sure that your excuses aren't just money blocks. And I just want to tell you it is money blocks. So for example, if you're constantly telling yourself that clients cannot afford your current rates, your bosses and company cannot pay you, well, your business cannot do well because the economy is bad, well, I'm sure you can do something about it.[00:08:10]Speaker 1: You can uplevel your marketing to make sure your value is clearer, or you can find a new target market that's more aligned with your pricing. It is not true that people cannot afford you and your services, and it is not true that people can't pay for your products or services. Well, if your excuses are the economy, Genecia, is this instead it's because the people on the livestream are not willing to pay. All I can say, well, there are a lot of different ways that you could still help people and get paid for it the right way, in the right amount that you truly deserve, because you deserve to be rich. When you add value to people's lives because the word deserve, it means serve, right? You spelled D-E-S-E-R-V-E. When you serve, you deserve to be rich.[00:09:14]Speaker 1: So if you are too busy to create passive income right now, well, maybe you can raise your prizes, take on less clients, and free up some time by hiring some help. There are a lot of ways that you can make more money with exactly what you have right now. The idea is that you control what you earn. So how do you know if you have money belongs? So I just say that, well, you have them.[00:009:43]Speaker 1: And trust me, you have them. I have them. You have them. I have them. And why am I so super, really super sure of that? I know that because everyone does. I don't know a single entrepreneur or successful entrepreneur, even like Tony Robbins, T Half Egger, Russell Branson, Oprah Winfrey have even the very successful ones who don't deal with some form of money block. And that totally includes me. And even though I teach it in Arigato Money in Soul Rich Woman I teach this all this stuff, I still have the money blocks. So do you know the famous author Zig Zagler?[00:10:30]Speaker 1: He always also talks about motivation and mindset work as though you are having a shower on a daily basis. If you understand this concept, you just have to do it on a daily basis and forever, because it doesn't last. So you will have to do it all the time. And working on your money blocks is the same. Shifting your money blocks isn't like a one time cure, like taking a medicine and tomorrow it's gone.[00:11:02]Speaker 1: In fact, every time you hit a new level in your life or your business, you are going to see the same money blocks, whether it's the old one or similar ones, coming up again and again. However, the good news is that when you start to recognize them, you will deal with them quicker each time. In the meantime, I want you to really get this idea that if you really want to make more money and it's not just happening for you right now and it's not something that is outside of you, it is your money blocks. Okay? So if there's something that kind of keeping you trapped or going round and round in circles and you seem to cannot get out of it, most likely it is.[00:11:47]Speaker 1: And the good news is that you can have the money blocks and still make money all the time. So you might think, why do I even have this money blocks or blocks in the first place? So a lot of people have this underlying fear that it's not safe to be rich and it's not safe to have more money. And deep down, you probably have stories about what more money can lead to. And some of these fears will have negative outcomes, which is kind of weird, right?[00:12:19]Speaker 1: Because on the surface, you're like, I want to make more money. And yet at the same time, you have conflicting feelings about it. Like rich people are snobbish rich people are greedy. Money is the root of all evil and kind of conflict with your idea of wanting more money and afraid of becoming a rich person because you are fearful of becoming greedy and evil because of that. Just remember, money amplifies who you are.[00:03:38]Speaker 1: Money amplifies who you are. So I understand this because it's kind of like a protective mechanism that stops us from this perceived kind of image that we don't want to be associated with or a kind of harm that will harm us if we become it. So here are some things I hear a lot. Let's see how many of them kind of resonates with you. For example, I am not meant to be rich.[00:13:24]Speaker 1: I'm just not meant to be. And sometimes it shows up as well. Like, my family wasn't rich, so this is who I am. Making money has to be really hard. I have to work really hard to make it. Maybe you're feeling really guilty about making money when other people are struggling. Maybe you say something like, I just want to help people. I don't care about the money, Genesia. I just want to be spiritual and help people. I don't need to have a business that make money.[00:13:58]Speaker 1: I just want to help people, is a money block. All right? Because you probably have the stories about rich people who are greedy and selfish, and you've seen rich people charging a lot of money and you feel that that is wrong and you judge them. And maybe you worry that people won't like you as much if you make more money. Maybe you're worried about what your partner or your parents or your friends will say if you make more money than them.[00:14:30]Speaker 1: Maybe they will say stuff like, well, I just want to be happy Genesia. I don't care about being rich. That's a money block, too. And once you know how your particular money block shows up, you can kind of catch it and pigeonhole it or catch it and kind of deal with it so that it doesn't sabotage you. Let's take this really common one that I've seen countless of times.[00:14:59]Speaker 1: For example, I have to work really hard to make money. And if you have this money block, you'll probably find that you actively sabotage yourself to create a self fulfilling prophecy. You might not want to have a team. You would say, I don't want to hire people. I do it myself.[00:15:22]Speaker 1: It's best. I don't want to delegate. I will have to do everything myself so that it's perfect. Or sometimes you just want to procrastinate because you will want to do all the things yourself and burn midnight oil just to finish your work and prove that you really have to work really hard to make your money. When you catch yourself doing these destructive behaviors, you can stop in the moment.[00:15:54]Speaker 1: Breathe in, breathe out, and remember that it's just a money block and you can control how you act or respond in those situations. All right, here's how to stop struggling with those money blocks. Now, some people find that just identifying them is enough to make them disappear or dissolve it. Well, it's really awesome that when that really happens. However, some blocks can be a lot more difficult and stubborn than that.[00:15:26]Speaker 1: And if you struggle with one that refuses to change, refuses to shift, no matter how hard you've worked, I have the perfect solution for you, and it's totally free. I created a free masterclass to help you to identify your particular money block and help you clear it, too. I'm going to work with you step by step through recognizing yours and then learning how to deal with them, too. In particular, I'm sharing the seven of the most common money blocks. I see.[00:17:02]Speaker 1: So you can get that for free at soulrichwoman.com. S-O-U-L-R-I-C-H-W-O-M-A-N.com. Soulrichwoman.com. Now, money blocks doesn't have to stop your life or kind of derail from your goals or take you away from your dreams. You can embrace them and move along to create a life and business that you truly love for yourself and your family.[00:17:34]Speaker 1: For women who love the F word being fabulous, having freedom, financial independence, and a happy family, however, above all, it starts with this a word called awareness. So the first step, declaring your money blocks is to go through my free training. And that, again, the link is soulrichwoman.com. S-O-U-L-R-I-C-H-W-O-M-A-N.com.All right, gorgeous.[00:08:53]Speaker 1: Thanks for listening in. Once again, this is your time, and you are ready for the next step. Bye for now.[00:18:15]Speaker 2: Thank you for joining me today. I would love for you to connect with me on LinkedIn, Facebook or Instagram and share with me your thoughts on today's episode at Genesia Alluora. G-E-N-E-C-I-A-L-L-U-O-R-A. Alternatively, you can send me an email at hello@soulrichwoman.com. H-E-L-L-O @ S-O-U-L-R-I-C-H-W-O-M-A N.com. I have a free gift for you on our website. Secrets of personal branding. And also, how do you delegate 80% of your to do list to your assistant so that you can make money online and focus on your zone of genius? And that is available at soulrichwoman.com. S-O-U-L-R-I-C-H-W-O-M-A-N.com. Join the number one leading female entrepreneur network in Southeast Asia, connecting more than 200,000 women across the region. Be a Soul Rich Woman. Dream to shine. Woman leader. Leader activated. Alone, you are strong. Together, we are unstoppable.
187: Your Money Mindset What Is It And How To Improve It - Be Different To Make A Difference
Oct 23 2022
187: Your Money Mindset What Is It And How To Improve It - Be Different To Make A Difference
Your Money Mindset What Is It And How To Improve It - Be Different To Make A DifferenceI want to talk about your money mindset. To be a Soul Rich Woman and not a Soul Poor Woman for you to be wealthy, empowered, Soul Rich Woman is to deal with your money mindset. Once you make money mindset shift, the rest will fall in place.Your money mindset is a set of beliefs that you've built up since childhood about money, about being rich, about being successful, about wealth and success. In this episode, you will learn:1. What is a money mindset?2. Understanding Money Mindset.3. How is a money mindset formed?4. Types of money mindset.5. Signs you need to work on your money mindset.6. How to change your money mindset.Key Resources:Subscribe to Genecia’s Youtube channel: https://www.youtube.com/c/SoulRichWomanVisit SRW’s website: https://www.soulrichwoman.comFollow Genecia on Instagram : (@Geneciaalluora)Follow Genecia on Facebook: https://www.facebook.com/geneciaalluora/Check Genecia’s LinkedIn: https://www.linkedin.com/in/genecia/Free Resource: "Soul Why: Soul Rich Woman Blueprint" and "How to Delegate 80% of your to-do list" ---> https://be.soulrichwoman.comSecrets of Manifesting Money Quickly Online Course ---> https://shor.by/moneymindset[00:00:00]Speaker 1: Hey gorgeous. Welcome to this episode. I'm your host Genecia Alluora, founder of Soul Rich Woman, author of your possible personal branding secrets make it happen go from stuck to unstoppable without changing who you are and even if no one believes in you or stand by you. I'm also the podcast have host of Soul Why: secrets of the Soul Rich Woman Blueprint as well as For Women who Love the F Word.[00:00:34]Speaker 1: Welcome. Today I want to talk about your money mindset, what it is and how to really improve it. A lot of times you might be feeling broke, exhausted and overworked. Maybe you feel like you've been stuck at the same income for years and the only thing you need to do in order to be wealthy, empowered business owner is to deal with your money mindset. The only thing?[00:01:04]Speaker 1: Yes, absolutely. To be a Soul Rich Woman and not a Soul Poor Woman for you to be wealthy, empowered, Soul Rich Woman is to deal with your money mindset. And that is my experience after training thousands, tens of thousands of women around the world. So once you make money mindset shift, the rest will fall in place.[00:01:39]Speaker 1: Yes, no doubt. You need your skills, your funnels, you need your offers, you need to have a structure and you need to have a process. You can have everything today, right now. But if you are stuck in deceased and feminine, poor versus rich, greedy versus I can or I can't, then you will be quite pretty much stuck still regardless. So to prevent this, we want to put guts in place, boundaries in place.[00:02:15]Speaker 1: Look at it. Anyone can follow a strategy or write a to do list, but without a strong money mindset as a woman, you are going to sabotage your business. Think about how women or how people keep getting into credit card debts again and again. Or maybe have joined businesses but keep repeating failed businesses again and again. Or maybe have been trying to start the business.[00:02:46]Speaker 1: But always something will crop up, something will happen, something will just make the business go down, down. And sometimes it could be sometimes positive, sometimes negative, never year on year, keep growing until you grow to a point where you are truly happy, comfortable, freedom, financial independence, everything else just come together. So it doesn't matter where you are right now, whether you're just starting out or you're already making good money in your business. I know that you could be burnt out. Over the past decade, working with hundreds and thousands of entrepreneurs, I found that there isn't a single one of us who doesn't need to keep working on new money blocks at each level.[00:03:43]Speaker 1: I still work on my money mindset every day. I still work on my mindset every morning, every afternoon, every evening, whenever I get a time to you. And I do it. Once you change your money mindset, everything transforms. It's never about working harder my dear, it's never about just working harder.[00:04:08]Speaker 1: It's about your mindset. For years I was stuck in my job as an occupational therapist that completely didn't do so well for me. Even though I love working with children with difficulties in learning difficulties or working with adults with rehabilitative issues, I loved that. But the nine to five got me trapped not being able to grow my income and earning the same amount of money and not fulfilling my potential or helping people. I feel broke and I would not be able to do more than what my potential is.[00:04:51]Speaker 1: Finally, I decided to break free, become an entrepreneur and I want to show you how you can do the same. How to change your beliefs around money, about who you are as an individual. And remember, this is not your fault. It's always about the books we read, the people we meet, our parents, mother, father, our siblings. It could be also from our unconscious mind.[00:05:23]Speaker 1: So don't worry. I will show you exactly how to shift your money mindset so that you can start enjoying the true financial independence straight away. In this episode, I will cover seven aspects. First, what is money mindset? Understanding money Mindset how is money mindset formed?[00:05:49]Speaker 1: The types of money mindset the seven signs you need to work on your money mindset how to change your money mindset lastly, what happens when you change your money mindset?[00:06:06]Speaker 1: So number one what is money mindset? Now, you probably see these money mindset issues in action every single day. Perhaps one of your friends is super successful in their business and another struggles in hers, working long hours and never seem to have time to take a break. Most likely, it's down to their money mindset. What you believe about money can have a very powerful effect and impact on your life.[00:06:41]Speaker 1: Your money mindset is a set of beliefs that you've built up since childhood about money, about being rich, about being successful, about wealth and success. So a Soul Rich Woman to be debt is a journey. And how it formed is a set of beliefs that you also built up along the way from the podcast you listen to the books, you read, the movies, you watch the TV shows that you were exposed to, the commercials, the advertisements, what your parents say about you, what the people say, and what you have picked up along the way. This unique set of beliefs is so personalized that our siblings can even grow up with different money stories to one another.[00:07:36]Speaker 1: And it influences everything from how you save, how you spend, how you manage your money and it also plays out like a drama series in your business too. A huge amount of work that comes with clear money blocks has to do with healing generational issues around being rich and wealth. Money stories come in all different shapes and sizes and it's not your fault. There are common themes that lead all the way back to who we are and stories that we allow to become true around money.[00:08:19]Speaker 1: I am here to help you to create new empowering beliefs around money. Being a Soul Rich Woman and not a Soul Poor Woman, there are more and more coaches teaching money mindset and tackling your money beliefs, handling how you influence your mindset, and overcoming money blocks every day. I have been teaching and writing about money mindset for over a decade and have spent over 20 years in personal development and coaching. Because I started working and supporting myself through school since I was 14 years old. My books, my free resources, my events, my online courses has helped hundreds of thousands of women.[00:09:20]Speaker 1: And my money mindset training program, Secrets of the Millionaire Mind, is one of the longest running network that is available. Number two understanding your money mindset, your experiences ever since you were small, all playing that shapes your money mindset today, your experiences ever since you were small, whatever that could be. The songs you listen to, the books you read, the podcast you listen to, the TVs you watch, the dramas you've been exposed too, every single aspect of people you meet, your relatives play into shaping your money mindset today. If you look at your own childhood, what feelings do you have about money? What emotions?[00:10:19]Speaker 1: When I say being rich, you deserve to be rich, you deserve to be a Soul Rich Woman. What feelings does it have for you? Did your mom hide all the purchases of new clothes or shoes from your father because she wasn't allowed to spend money? Or was it like me? I had to work and support myself through school since I'm 14, and because of that I have to work really hard for my money.[00:11:00]Speaker 1: And if so, you are probably feeling guilty spending money on yourself or even repeat the behavior by hiding all the receipts and whatever you have spent from your partner. Did your family go through like mine, up and down through the periods where we got money and no money, and sometimes you have to struggle through and you get hand me downs or clothes or shoes and never something new. And whenever you want to spend on eating something really good or fancy or luxurious, your family will tell you, oh, we don't have it. Oh, we don't deserve it. So you could be repeating the same habits.[00:11:46]Speaker 1: One week you could be buying champagne, your Amass bag or Channel bags, Jimmy Choo shoes and the next you are going to debt for simple things like groceries and bills. Do you feel that you have to work hard for your money? Do you feel that you cannot invest in yourself in upgrading your knowledge so that you can be a better version of yourself? Because we have to be different in order to make a difference, right? To be a Soul Rich Woman, we have to take steps to be getting there.[00:12:33]Speaker 1: So do you have limiting money beliefs that only hard work pays off? I volunteer myself for this one. So don't feel that you're alone, okay? Because maybe you procrastinate and then you just justify making money because you feel that you have to work hard. And only working hard pays off.[00:12:55]Speaker 1: And I know that I can help you with this. Number three, how is your money mindset form? As I've mentioned, your money mindset is formed through experiences with money and success, right from your earliest memories up to the present day. When I work on healing myself in my journey, I go all the way back to when I am in my mother's womb and even before that, which means it could go back past life, but that for another day. The way your parents or your relatives or your caregivers speak about money while you grow up help you to create a belief system that you are most likely carrying as an adult.[00:13:43]Speaker 1: Like I said, your family story is one. The books you read, the songs you listen to, whatever movies you've watched, the commercials, the advertisements, the TV drama shows that were there before has given you the foundation piece of making you believe what your money story is. And by understanding this journey, it will help you to understand how you've developed your own current money mindset as a soul rich woman. I call this your origin story. And it's a rich seam of information, a collage of information about the way you currently deal with money issues like did you have a family motto working around, working hard or money?[00:14:32]Speaker 1: How was your pocket money in your family? All these foundational pieces can shape you as a woman and as a soul rich woman in terms of your beliefs as well as your selfworth in business. And that is why a lot of women struggle to make money in their business. They could make a lot of money, but something will happen. And that is why you are here.[00:14:57]Speaker 1: And I want to help you to prevent it, to heal yourself so that we can pass this healing not for ourselves, but to our next generation. Number four types of money mindset. Now, there are four types of money mindset. Number one, the abundance mindset. Now, if you are lucky enough to have cultivated an abundant mindset, a rich woman mindset, you feel that there's a lot of plenty of things going around for you, from money to love to business opportunities to success.[00:15:33]Speaker 1: And if it doesn't come to you naturally because there are things that's blocking you right now. So just believe that there are ways for you to exercise this money mindset of yours, okay? Now, there are three ways to cultivate an abundance mindset. A rich woman mindset, a soul rich woman mindset. Number one is to make a list.[00:15:58]Speaker 1: Now, I want you to make a list of everything in your life that actually makes you feel very rich or quite rich already that makes you feel a part of soul rich woman. Remember soul means your mind, body, soul alignment and being rich at the same time. Because you can have richness inside of you and externally of you. And as a woman, you can have it all. So I want you to make a list of everything in your life that really makes you feel quite rich already.[00:16:30]Speaker 1: So it could be that you live in a great house, you have a great relationship, you have got amazing health. I want you to write a list of all these things, what you already have in your possession, in your surroundings, in your environment, in your life right now. Right now, as a soul rich woman.[00:16:57]Speaker 1: Where all these abundance and luck are already present in your life. Now, this list will immediately make you feel so much better and it will give you perspective, perspective, perspective. Number two, I want you to switch and flip your thoughts inside out. Now, what do I mean by this? Have you ever notice that when you're feeling really good about your business and then there's a lot of inquiries, a lot of leads, a lot of clients, and you're very abundant at that point.[00:17:32]Speaker 1: And then suddenly more clients start to come in. It's like the tap just open and then all the water just flow, just keep flowing into your area. It just comes to you. So this is just changing up your state. We call this the peak state.[00:17:54]Speaker 1: Changing up your thoughts, switching the flip of yours so that your thoughts and feelings are now in the ways. That is correct. And to be honest, this one really don't cost you anything. It doesn't cost you money to be in this peak state. It just needs you to step into your own power, your own presence, your own prosperity.[00:18:17]Speaker 1: You know what? You can even wear your best clothes. Wear your best shoes. You can wear your makeup, perfume, used towels that adjust for your friends who stay over. Something that makes you feel luxurious, feel appreciated, feel powerful, feel good.[00:18:36]Speaker 1: Because all these will help you to transit into that mode. Because then no longer you're just saving these things up for a special occasion. The special occasion is now. And that is how you can shift from being negative to positive. Shift from feeling very shitty to feeling super abundant.[00:18:59]Speaker 1: Number three, take action. Consider the income producing activities that you can implement today and start putting them into place. It could be that you have to chase some clients who owe you money. Maybe you can create an offer, do a coaching call, see how easy is it to shift your money mindset to one of being abundant, being a soul rich woman. The second mindset type, I would say, is scarcity mindset.[00:19:36]Speaker 1: It's never enough women who say oh, I don't want other women to have the same thing as me. If I do the same thing as her, then I will have less. Then they will go into this gossip bitchy behavior where they start to bitch about other women. When other women are doing better than them, they will say things to spread rumors because they feel lousy about themselves and to make them feel good. And that is why they go into viscosity mindset.[00:20:11]Speaker 1: They feel good. They will say negative shit about others. So a scarcity mindset is when you feel the lack of something. If you have a scarcity mindset around money, you may find it difficult to make money or hold on to it once you receive it. If you have this, you may find yourself feeling envious about the success or feeling as though there's never enough to go around.[00:20:41]Speaker 1: This can be money, can be success or whatever. It can also manifest itself into anxiety, into worries, into being manipulative as well, because perhaps you're feeling that you're not good enough, that you don't deserve success. It's so important to begin the work of breaking free from this scarcity mindset so that you don't become the catalyst for the gossip, for the negativity that you bring to humanity, to this world. Don't worry. I've got some tools and tips to help you grow your rich mindset.[00:21:19]Speaker 1: A soul rich woman mindset. Now, the third mindset is what I call the positive mindset. Now, this is very common in the personal development world where we say positive, be positive, be positive. Look on the bright side. Correct.[00:21:36]Speaker 1: Now, when you focus on the bright side of life, you are operating from a positive mindset. Life can feel much easier with this mental attitude. Are you the one who is always looking out for the silver lining in any situation? Well, you focus on the good and tend to have an optimistic outlook. You expect good things to happen to you.[00:22:05]Speaker 1: You cultivated a positive mindset, and that is going to stand in your foundation a very good piece of how we're going to work through your money energy in order to be a soul rich woman. Unlocking the superpower with this positive mindset of yours. It is going to be turbo charging, okay? You're going to be a wonder woman, I'm very sure. A soul rich woman.[00:22:30]Speaker 1: Wonder woman. Now, the next one is the millionaire mindset. Now, this is the part that I completely transformed my mindset on. This piece from working from nine to five to being trapped in entrepreneurship as a slave to my entrepreneurship journey, to breaking free, to multiple sources of income, all these are the outcomes of having transformed the mindset because it's never just about working harder. It's really working on our mindset as part of it.[00:23:08]Speaker 1: Okay? Now, becoming a millionaire often just requires a mindset upgrade, and maybe you could be just one Soul Rich Woman away. Okay? Now, I just want to share with you my four keys to embracing a millionaire mindset. There are four key beliefs and affirmations that you can use to help on your journey to becoming a millionaire.[00:23:37]Speaker 1: Number one, there's always more money. We live in a world of abundance. There's always enough. There are always more opportunities, and there are always more ideas. Now, your practice business didn't pan out.[00:23:54]Speaker 1: Your beauty business didn't do well. That doesn't make you a failed entrepreneur. Think about how I failed before in my business, and so many people have failed, but we have all turned it around. You know what? If one idea doesn't work, there's always one just around the corner.[00:24:19]Speaker 1: The world is an abundant place. There is always more money. Number two, there are easier ways to make money. One of my money mindset affirmations as a Soul Rich Woman is. Number two, there are easier ways to make money.[00:24:40]Speaker 1: One of my mindset affirmations is there are easier ways to make money. I say this all the time when I find myself doing the opposite, trying to complicate things, make even things more complicated for myself, make myself busier pursuing an idea that is not exactly in my zone of genius or otherwise making things harder for myself.[00:25:07]Speaker 1: In the pursuit of our entrepreneurial dream, we often take the hardest route. That is why a lot of my early businesses failed. Not because the ideas were not good, but because they feel really hard for me and I just wanted the outcome money. I have gone on to start multiple businesses and pursued a lot of ideas but they were not a good fit for me. For example, I almost started a business selling my image consultancy business, right?[00:25:49]Speaker 1: It was okay, but later on I started a dating business but that's for another story. That image consultancy business did well, okay, but not so much for the dating agency business. I have no idea how to matchmake people. But anyway, I'm a storyteller. I tell stories on my podcast, I speak on stages, I write books.[00:26:17]Speaker 1: I basically make a living by sharing my journey and teaching other people how to build a business and life that they love. Well that is so much easier than trying to start a dating agency. Maybe you are overcomplicating things, maybe you are going into the wrong industry, trying to help the wrong people or pursuing a business that's simply the wrong fit for your skills and talents. There is a path of least resistance. You just have to find it.[00:26:53]Speaker 1: My dear Soul Rich Woman. Number three, know yourself. Know yourself. What do I mean by this? All you need to be is be who you are without changing who you are and owning your power, presence and prosperity. Because I want you to uncover, discover your unique superpowers and use them to create your ideal life and business.[00:27:32]Speaker 1: Find the logical path for you and reduce any unnecessary friction or problems. I am mindful of doing things that work with my personality and not against it. And that is why in my book Make It Happen, secrets go from stuck to unstoppable without changing who you are and even if no one believes in you or stand by you and I say this, there is no need to change who you are because you just need to find something that works with your personality and not against it. So I go with the flow.[00:28:13]Speaker 1: That doesn't mean I don't work, okay? That doesn't mean never working. I work a lot and when I'm not working I'm often thinking about my work but that doesn't feel stressful to me most of the time. The first step is to know who you are. The second step is to accept it lovingly, knowing that your personality is perfect for you and your business.[00:28:41]Speaker 1: Self acceptance is way more profitable than self help. You are enough exactly the way you are, Soul Rich Woman. Number four, a wealthy soul rich woman person looks like you. One of the most powerful speakers I've ever heard was Oprah Winfrey and I remember she said very slowly, she said I stand before you, a very very wealthy woman and my hair stand, my hair stand head to toe. I mean, like, as an Asian woman, I think maybe she could be bragging, right?[00:29:26]Speaker 1: Because bragging isn't seen as a positive trait in Asian culture. But you know what? It's the energy that she put out and it was more like a declaration and the matter of fact and without apologizing for who she is. And I just felt at the moment that, yes, I stand before you a very, very soul rich woman, a very wealthy soul rich woman. So give yourself the permission to be wealthy, successful, and exactly as you are right now. Working part of your money blocks and shifting your money mindset is identifying your money stories and limiting beliefs.[00:30:21]Speaker 1: As a soul rich woman, I always talk openly about a soul rich woman being rich and wealthy. And because I do that because I want to showcase a self made millionaire who is reasonably nice person most of the time and dresses and looks and acts like an average person, because I am just not that fancy. And honestly, it disappoints some people that I'm not living a more glamorous life. Right? I love my life.[00:31:00]Speaker 1: I love traveling out of a suitcase. I don't need to stay in five star hotels. I want to stay in a nice airbnb, but I don't like to splurge. I like to be on the ground. I like to go into the community.[00:31:19]Speaker 1: That's me. I am not really impressed by eating in super fancy restaurants. Truly. I own very few expensive shoes, handbags or even clothes. Now, most people have a fixed idea in their mind about what rich looks like, what a rich woman looks like, or how a Miss Singapore, a rich girl looks like.[00:31:42]Speaker 1: I know, I still do, right? But you know what? You are actually how a rich woman looks like. You are actually how a wealthy woman looks like. You are actually what a wealthy rich woman person looks like.[00:32:02]Speaker 1: Okay, so that's my top four lessons on cultivating a millionaire mindset. It's that simple. Next part five seven signs you need to work on your money mindset. Now, this is a very interesting part that you will need to be aware on how to be working on your money mindset. Okay?[00:32:37]Speaker 1: So this is something that I want to discuss. And when it comes to money, sooner or later there is a wake up call for each of us. It could be we go bankrupt. We are in credit card debts and we are in this cycle of good money. No money, got money.[00:32:55]Speaker 1: No money. Or I get paid. I don't get paid. Do you feel or ever feel that there is like an invisible glass ceiling holding you back from success? Maybe you've been stuck at a particular income level for years.[00:33:14]Speaker 1: Maybe you're telling yourself that you're too busy right now or money isn't that important to you. Or maybe you don't need money, you just need to be happy between money and family. You choose family. You can't have it all. Or maybe if these conflicting money thoughts or feelings about money or about being rich because you worry that it's not enough for you or that you'll have to do something outside of your values to really, truly make enough money.[00:33:50]Speaker 1: Now if you are doing all that you can but still not making the financial breakthroughs you know are within your reach this time it's time to do something different. You really need to have a money mindset reset. Serious, no joke. Because this is one reason why we women struggle in our a business and struggle making money and we use this as an excuse to hold ourselves back. And it pains in my heart to see you girls going through it and some of you are charging very little in your business or if you're under charging in your business feeling like you're pushing against the flow of money and can't figure out why it's so hard.[00:34:44]Speaker 1: I've got some answers for you that might just crack the code. Now I have seven signs for you that your money mindset is actually the crucial next step for you to be a soul rich woman and empowered to make money, earn money, without all the negative thoughts that's going to hold you back this time. Reason one, you know that it's your time. Each year you set big goals thinking that this will be your year, that all your dreams come true. You might even have a book that's sitting on your computer 90% done or a course that's ready to launch but something's stopping you.[00:35:25]Speaker 1: Every day you wake up and then you think now it's the time, now it's the time. But the moment your income doesn't match up to your intelligence potential, the gifts, your superpower you offer up to the world, you are tired of waiting for someone else to choose you or decide that only they can decide how much money you can make. Hey, you don't have to wait. All right. Reason two you love personal development but the money hasn't shown up yet.[00:36:01]Speaker 1: You are a person who attend courses after courses, programs after programs, workshops after workshops and never go the next step. Or you have attended workshops after workshops, paid money and invest it in yourself. And yet the money hasn't shown up yet. I want to say it is not your fault and you could be feeling like a fraud right now, feeling fake right now because everything that you are doing is correct but it's just not working. I also believe you could already have learned something about law of attraction or have a dream board and you probably journal your goals and regularly put it in distinctly and clearly and you are a very positive person and you've probably read every abundance book under the sun but you still feel like there is a missing piece.[00:36:58]Speaker 1: It feels unfair. And if you're honest with yourself, you know that you have money problems, that you are sabotaging money behaviors and you can't change them. And that's you know what my dear? Very normal. All right.[00:37:12]Speaker 1: Reason three you don't earn what you're worth and you suspect that you are worth a lot more. Now the charge, what your worth concept has a really bad reputation, especially when there are women who when you're surrounded by women who don't like to charge at the premium pricing. When they see you charge premium pricing, you will end up with a lot of backstabbing. The other women will gossip about you and say, oh, why are you charging so much for your coaching program? Why are you charging so much for this?[00:37:51]Speaker 1: And charging what you're worth is you're greedy. You are a woman helping woman, and why are you charging so much? And then they will continue to bitch about you, gossip about you. They really have a very bad reputation in the market. When you say charge what you are worth.[00:38:10]Speaker 1: But you know what? I want to say this. You are priceless. I want to be serious about this. You are a priceless, Soul Rich Woman, and you deserve to price and charge whatever that you are worth.[00:38:24]Speaker 1: Really. But even though you are priceless, your business isn't. Okay, meaning to say you have to state the price. Now, every day I meet people who are simply under charging. They know that it is not good for them, but they feel that they have no power to change anything or do anything about it.[00:38:55]Speaker 1: And sometimes they turn around against other people who are able to charge premium pricing for their business, for their products and their service. They turn around to be that demon because they can't be that angel. So they turn that around. It's quite set, honestly. So I want to bring it to your awareness that that is really happening.[00:39:19]Speaker 1: That is why you need a community and support of the correct people, because you are the average of the five people that you hang out with the most. Now, you might know it too, but you're still getting the feedback that you are too expensive. Or they are saying that if you're helping women, why are you charging? You should just do pro bono and just do free. Come on.[00:39:44]Speaker 1: It's a business. It's not charity. I mean, charity, that's another story for another day.[00:39:51]Speaker 1: So even when you know that you're actually drastically under charging, you still do it anyway. And that's usually the problem. When you under charge, you energetically attract clients who will never be happy and will always nitpick. So that's so frustrating, isn't it? Reason number three is you don't earn what you are worth, and you suspect that you are worth a lot more.[00:40:17]Speaker 1: And this really shows that you are ready to transform your life and really build a business and life you love by changing your money mindset.[00:40:28]Speaker 1: Reason number four, you want all the effort. You want fabulous. You want freedom. You want financial independence. You want happy family.[00:40:39]Speaker 1: But you're always stuck. And I've been there. It sucks, all right? It completely sucks big time. And you are sick and tired of compromising all these areas in your life, like where you live how you dress or how you travel.[00:40:57]Speaker 1: Now, it's exhausting to have to justify every single cent or every single dollar spent. I mean, think about it. Would it be nice to have a peace of mind that you can always make more money being more rich, having more Soul Rich Woman power within you, unlocking this part of superpower, and you're seeing under other entrepreneurs, rapidly increasing their income and earning ability. And to be honest, you're quite jealous. Okay?[00:41:29]Speaker 1: But I just want to say and this jealousy part is not you. And I just want to say that it's okay to admit that you're jealous. Yes, it's okay to admit you're jealous. All right? Nothing wrong with that.[00:41:43]Speaker 1: Okay? We all have been there. The first step to change is to acknowledge is to realize that you have that reason five. You already know that you need a lot of money, and you already know you need a money mindset makeover, okay? And as a Soul Rich Woman, this is not the first time you've been probably listening to my episodes, either in my audio training program or in my podcast or checked out my work or read my blog post or been reading my emails.[00:42:23]Speaker 1: I probably am quite sure you're not the first time listening or hearing me.[00:42:28]Speaker 1: You might have even gone through situations when you think I've got this sorted out Genecia. And then you start to kind of hide in the cupboard or you start to shrink or when you kind of like delay when you need to talk to an accountant or anyone officially about money. Or you sit there and you procrastinate about sending out invoices. Now people are so scared about money. They tell me that the women I work with confess to me and in particular talking about it and asking for it.[00:43:04]Speaker 1: Or you procrastinate doing subscription recurring income model for your business. Yeah, women are afraid to do that because they're afraid of refunds, afraid of complaints. They don't want to handle it. Or you might even think that you are really bad with money. But you know what, my dear?[00:43:27]Speaker 1: I have never met anyone that I cannot help, okay? You'll be so surprised how practical money transformation as a Soul Rich Woman can be. It's not about lighting a candle under a full moon, wearing all your crystal bracelets and making wishes and pray that a genie in a bottle will come up and grant you three wishes. It's not about that. It's about making a practical inventory about your past experiences and examining all your beliefs and habits around money.[00:44:08]Speaker 1: Reason six, you feel like you repel money. You hate money. Subconsciously it is like whenever you have money in your bank, you want to make it to go to zero. You feel very uncomfortable. You want to spend money or maybe you have a real feast or feminine relationship to money.[00:44:31]Speaker 1: That means you go up, you make a lot of money and then later on all the money is gone. And then later you make money again and then the money is gone again. You know how to attract clients to you. You know how to attract money to you quickly when you really need it. But it's not predictable, it's not recurring, it's not step by step.[00:44:53]Speaker 1: It comes as and when, because only when you focus on it and then you have it. And then after a while the money part will disappear again. So this comes at a great personal cost. Like you feel very stressed or you burn out. And when you have a good month, you often attract unexpected bills or fines or suddenly you got some unsettled money somewhere that you need to pay and then your money will be wiped out.[00:45:22]Speaker 1: So it's always a cha-cha. One step forward, two steps back, two steps forward, one step back. That is super frustrating. So that is when you know that you are ready for this transformation. Reason seven, you want to make money, but you're scared.[00:45:43]Speaker 1: Now people are surprised to learn that even millionaires get scared. Making more money and shifting your money mindset doesn't make the fear go away. For example, you could be scared by your own potential because of your vision for your life. Is huge, right? You have so many things you want to do.[00:46:05]Speaker 1: You want to change the world. You want to transform people's lives. You worry about what it will mean to be truly rich as a Soul Rich Woman. You worry about what it means to be truly wealthy as a Soul Rich Woman. And it frightens you and that somehow, this fear, this frightened behavior will turn into a negative experience or you will subotage in some way.[00:46:37]Speaker 1: For example, you worry about tax bills, right? You worry about getting into trouble. You worry about losing your privacy or safety. You worry about your friends and family asking you for money. You worry that it's going to actually be a huge negative experience.[00:46:56]Speaker 1: You know what? This is really very common, and you can see these conflicting things in many people, including yourself, and how much they are holding you back. Okay? So these are the seven big signs that is like, kind of guiding you and showing you that you need to be working on your money mindset. So, how much money do you think you've left on the table because of your money blocks?[00:47:26]Speaker 1: I want to say this, my dear. Let's work to shift your money mindset so that you can begin to attract the rich life that you deserve, so that you can begin to attract Soul Rich Woman power that you deserve, so that you can begin to attract the wealth that you deserve, that you deserve, and begin to attract the effort. Fabulous freedom, financial independence, and family everything that you deserve.[00:47:54]Speaker 1: I really believe that you can do it and you can have it all. So, part six how to change your money mindset. Now we're coming to the final two parts, okay? And I want to talk about how to change your money mindset. Come, let's go into it.[00:48:20]Speaker 1: So, I'm passionate about money mindset, work, and also talking about Soul Rich Woman because of the F word, right? Fabulous freedom, financial independence, and happy family. All this F word would not be possible if we don't work on our money belief. That's why in one of my audio training programs, I talk about secrets of the millionaire mind. I show women and my students how to change their mind, because working harder in business or working harder in our life is never the answer.[00:48:59]Speaker 1: It's about transforming our mindset. So I'm really passionate about these piece because I started working and supporting myself through school since I'm 14 and I've gone through vets. I have gone through different shitty stuff in my business, eventually crossing my millions. So I carve out time every day to do my
186:  A SOUL rich woman secret tool: The Money System T Harv Eker Uses To Become A Multi-Millionaire
Oct 16 2022
186: A SOUL rich woman secret tool: The Money System T Harv Eker Uses To Become A Multi-Millionaire
A SOUL rich woman secret tool: The Money System T Harv Eker Uses To Become A Multi-Millionaire I want to talk about Jar's money management system that can work miracles for you. In this, I learned a very effective money management method which I've applied in my business and life to achieve my F word for fabulous freedom, financial independence, and a happy family.They are altogether six jars. Necessities, long term, play, education, financial Freedom account, and give.In this episode, key takeaways:1. To master money, you just need to manage money.2. Manage your money well.3. If you manage your money, you will get more of it.4. Create a habit of managing your money.Key Resources:Subscribe to Genecia’s Youtube channel: https://www.youtube.com/c/SoulRichWomanVisit SRW’s website: https://www.soulrichwoman.comFollow Genecia on Instagram : (@Geneciaalluora)Follow Genecia on Facebook: https://www.facebook.com/geneciaalluora/Check Genecia’s LinkedIn: https://www.linkedin.com/in/genecia/Free Resource: "Soul Why: Soul Rich Woman Blueprint" and "How to Delegate 80% of your to-do list" ---> https://be.soulrichwoman.comSecrets of Manifesting Money Quickly Online Course ---> https://shor.by/moneymindset[00:00:01]Speaker 1: Hey, gorgeous. Welcome to today's episode. I want to talk about the Jar's money management system that can work miracles for you. This is a system that I came across during Tea half acres program. Millionaire, mind intensive.[00:00:16]Speaker 1: And also it's part of his book Secrets of the Millionaire Mind. In this I learned a very effective money management method which I've applied in my business and my life to achieve my F word fabulous freedom, financial independence and a happy family. So this is designed specifically to get you to your F word. Are you ready for your freedom, financial independence? Well, it's called the Jars Management System.[00:00:51]Speaker 1: J-A-R-S. So just imagine, by using this system, you split up your money into six different jars, or it can be a different account and you have the percentages of your money to put into each account. So, like I said, you can use bank accounts or actual jars. For myself, I sometimes use jars. Sometimes I use Rip packets.[00:01:16]Speaker 1: Rip packets are basically like envelopes. So whatever that works for you, because it's easy for me to carry around and move around. So what are these jars and what percentage of your income goes into them? Now, this is something I want to highlight to you. The single biggest difference between financial success and financial failure is how well you manage your money.[00:01:42]Speaker 1: No doubt we talk about manifesting money. We talk about how do you create more abundance, more freedom in your life. However, managing your money allows you to eventually create the financial freedom so that you will never have to work again. Remember, to master money, you just need to manage money. And it starts just from a single dollar.[00:02:06]Speaker 1: So I'm going to share with you the guidelines below. Listen closely. They are altogether six jars. Necessities, long term, play, education, financial Freedom account and give. Necessities, long term savings for spending.[00:02:30]Speaker 1: Play, education, financial freedom, account and give. So, total six. So what goes into each for necessities is 55% of your income. Now, this is used for rent, food, electricity, bills and stuff that you want to pay for long term savings for spending. And this is 10% of your income.[00:03:00]Speaker 1: This is for big purchases like your washing machine, your refrigerator, your house or whatever that may be looked like for you. Rainy Day Fund in case of emergencies, vacations and unexpected medical expenses. Play use this account for 10% of your income. This is for spoiling yourself and your family and your leisure expenses. Education, 10% of your income. This is used for coaching, mentoring, books, courses.[00:03:38]Speaker 1: Financial Freedom Account this is 10% of your income. This one you can use to buy stocks, mutual funds, passive income vehicles, real estate investing and any other investments. Give 5% of your income. This one is for charitable donations. Now, get it.[00:04:04]Speaker 1: So the question will be Genecia, I know you have told me before in the program, in the audio course. All right, so now, why should I use the six jars system? Because I have already a savings account, I've got some investments going on, or maybe for you who don't really have much going at the moment, and you say, Genecia, I'm already in debt. Six figure debt.[00:04:28]Speaker 1: Seven figure debt. All right, let me share with you the reasons why it's important for you to embark on this jars system. It's the same exact system that I have created financial freedom in my life. Reason one because the habit is more important than the amount. Right now you might be thinking I'm not earning a lot of money or my expenses are too high.[00:04:58]Speaker 1: Am I saying that you have to put $1,000 in your accounts every single day? No, I didn't say that. So how come I'm not suggesting a specific amount, but certain percentages? So it's that every single person, regardless if they're earning $100,000 a week or one dollars a week, can follow this money management system. It's that easy.[00:05:24]Speaker 1: So, yes, if you're earning one dollars a week, let's say from your part time job, from your side hustle, or from your nine to five job, you can do this system. Reason two because the fastest way to do well with money is to manage your money well. Here's the thing. The way the universe works is if you manage your money, you will get more of it. If you mismanage your money, you will not get any more.[00:05:54]Speaker 1: The fastest way to do well with money is to manage the money you have well. Just show the universe how you know to manage the $1 and then see what happens in your life. Because when you take action on the $1, it's a symbolic thing. Miracles do happen. So you have to decide right now, are you going to get six jars and start managing your money today?[00:06:22]Speaker 1: Well, you need to declare your intentions to the universe that you are going to turn your finances around right now and let me know how it's going for you. You can send in your journey and experience to hello@soulrichwoman.com. Remember, managing your money well is one of the key ways to truly becoming financially free, embracing and owning your effort, fabulous freedom, financial independence and happy family. Now, some of you will ask me a couple of questions. Let me address this. Genecia, what if my necessities, which is the 55% that we talk about, the first jar 55% of the income for rent, food, electricity and bills is more than my 50% of my income.[00:07:18]Speaker 1: Now, this is very common when starting with the 6th jar system. Now, it's important to understand that the percentages we give are the recommendations and ultimately goals for you to get to not definitive rules. We believe that the habit of managing your money is far more important than the amount itself. So if you can't follow the percentages to the T, that means you can go up to 55% because the necessities is more than 55% of your income. You just need to give more.[00:07:51]Speaker 1: That's fine. Then take an amount that you can manage and start there.[00:07:57]Speaker 1: For example, even though you have a certain salary, a certain amount that you receive every month from your side hustle, from your business, from your nine to five job, whatever that may be. For example, A $100 a month then use the jars to split up that $100. Then the next month do $150, and then the next month, $200. Understand? It is literally taking a step at a time.[00:08:32]Speaker 1: These are just guidelines, not definitive rules. That is why it's important for you to start even with just a dollar. I've met someone who started with just $1 and guess what? She's a multimillionaire now. No joke.[00:08:49]Speaker 1: Because she started with the habit of that $1. 2nd question what do I do if I have a lot of debts to pay? Like I have $100,000 in debt. I'm $200,000 in debt. I am how many dollars in debt?[00:09:04]Speaker 1: Whatever the amount that you are in debt with, you still can manage your money. You can use your long term savings jar to pay down your debt and always, always pay the minimum. Managing your money is a habit and so is the debt. It is important to understand that if you pay down all your debt first before you are in the habit of managing your money, this most likely will result in a repeat of the debt pattern. Listen closely.[00:09:38]Speaker 1: Managing your money is a habit and so is going to debt. Doesn't mean you put all the money into the debt to clear it all. Your pattern of spending money or managing your money is going to be the same. So therefore, it's important to know that if you were to pay down all your debt first before you are in the habit of managing your money, this will likely to result in a repeat of the debt pattern. Therefore, you can create a habit of managing your money first and then pay down your debt while managing your money.[00:10:15]Speaker 1: Hey, it's a win win, right? And therefore you will have a higher chance of staying out of debt in the future. Good or great? Question three if I earn passive income, where should I be putting that amount? Into the jars?[00:10:32]Speaker 1: There are six jars. Where do I put? So my answer to that question is if you want to become financially free quicker, you should keep your financially free jar money with your Financially Freedom jar as well. Okay? Which means that you put your money into the first.[00:10:53]Speaker 1: Let me see put it into your jar number five, which is the Financial Freedom Account where your stocks, mutual funds, passive income vehicles, real estate investing, and any other investments. That is 10% of your income. You can actually just put it inside there. So that's how you will hit your Financial Freedom number and you're ready to live fully off the passive income. Understand?[00:11:21]Speaker 1: Next question. What about credit cards? All right, so credit cards are great to have after you are in the habit of managing your money. Now, if you have been a person who is constantly in credit card debt, then you should not use a credit card literally. I would suggest you to cut away the card.[00:11:44]Speaker 1: Of course, there are people who tell you that, oh, Genecia, I need it for business rolling my cash flow. I need a credit card or credit line to do something for my business so that I can roll my business. I can roll this and roll that. All right, now, if you pay your balance each month, then well, a credit card is definitely useful tool to have, especially the ones with the great rewards programs.[00:12:06]Speaker 1: Again, only use this strategy if you pay your credit card in full in each month. Put everything on one credit card. Then when you receive your monthly statement, then go through the transactions of a pen. Mark each jar.[00:12:29]Speaker 1: That means you mark your credit card statement. Mark which jar. Each charge of each payment should be paid from. Clear, for example, water, gas, electricity, conservancy charges is under the Necessities fund, which is jar number one, right? 55%.[00:12:52]Speaker 1: From that 55%, you pay out the water, gas and conservancy charges, et cetera. How about champagne to celebrate? That is under the Play fund, which is the Play jar. And that is the third jar, which is the 10% of your income.[00:13:09]Speaker 1: And then books and online courses. That will be under education and that will be under your education fund. You take that out, which is the 10% of your income. And that's the fourth jar. So now you get it.[00:13:28]Speaker 1: This is how you get started. Even with a credit card, you really need to identify where this payment is going to move out from. Move to to pay for each of the charges on the credit card statement. Okay? Then you add up those charges on a jar by jar basis.[00:13:47]Speaker 1: Then simply transfer the amounts from each bank account into the account you pay your credit card with. All right? So this is how you can do it. So, my friends, managing your money is one of the essential elements you must have in place to be financially free or to own and love your F word. Now, if you want to discover how I create this Soul Rich Woman life and become owning and loving the F Word fabulous freedom, financial independence and happy family, then you have got to really connect with me and follow me.[00:14:29]Speaker 1: I always share with you my Freedom First Formula so that you'll never have to work again. The ugly truth about why most people don't become free or on the F word and how to beat the odds with a Simple Mindset shift. Now, a unique technique that could accelerate your path to freedom. And you'll be so shocked at how simple this is. And like I said, this entire thing is available on my website.[00:15:02]Speaker 1: Okay, so go join and download this freebie at soulrichwoman.com. I really want to send you my love. Remember, I stand on your side. I really believe in you. I know that some of you are in depth right now and you want to get out of it.[00:15:25]Speaker 1: You want to create passive income and own loved your F word to lead a Soul Rich Woman life truly and fully. I am here with you. I love you so much. That's why I'm doing this. And I really look forward to speaking with you soon. Bye for now.
184: How to deflect and redirect money conversations
Oct 9 2022
184: How to deflect and redirect money conversations
How to deflect and redirect money conversationsWe have been talking about a lot of other people in our life, like our friends, family, and children. I want to share with you a really simple technique for deflecting unwanted money conversations. You do not have to answer questions about money from anyone in your life if it triggers you or it makes you feel bad. It is the idea to give as little information as possible and then change the subject.Leave business and money talk for your mastermind buddies, your coach, your mentor, your financial team, and people basically who have a part of your business game or who are in the same boat as you.In this episode, key takeaways:1. Give as little information as possible.2. Change the subject.3. Write down a list of ten ideas.4. Save the important real conversations.Key Resources:Subscribe to Genecia’s Youtube channel: https://www.youtube.com/c/SoulRichWomanVisit SRW’s website: https://www.soulrichwoman.comFollow Genecia on Instagram : (@Geneciaalluora)Follow Genecia on Facebook: https://www.facebook.com/geneciaalluora/Check Genecia’s LinkedIn: https://www.linkedin.com/in/genecia/Free Resource: "Soul Why: Soul Rich Woman Blueprint" and "How to Delegate 80% of your to-do list" ---> https://be.soulrichwoman.comSecrets of Manifesting Money Quickly Online Course ---> https://shor.by/moneymindset[00:00:01]Speaker 1: Hey, gorgeous, welcome to this episode. Now, we have been talking about a lot of other people in your life, like your friends, family and children. So I want to share with you today a really simple technique for deflecting unwanted money conversations. I call it the deflect and redirect. Yes, deflect and redirect.[00:00:33]Speaker 1: Now, this is a new forgive and tap. Now, you do not have to answer questions about money from anyone in your life if it triggers you or it makes you feel bad. Very important, okay? Deflect and Redirect is the art of redirecting conversations, your money conversations. And people will come to you and say, hey, how's the small business of yours going?[00:01:05]Speaker 1: And you can say things like, great auntie, have you tried this food?[00:01:15]Speaker 1: They ask you something, you deflect and you talk about food, if there's food on the table, right? Or have you eaten lunch? Or your mom could be like, how much do you make in your business this month? And you can say, oh, business is great. How did your vaccination go?[00:01:36]Speaker 1: How did your doctor appointment go? So it's like you say one thing and then you deflect and redirect, right? So it doesn't have to be a literal one. It doesn't have to have you reply, oh, Mom, I'm making X dollars this month. It doesn't have to do that, but it's definitely a great way to deflect.[00:01:57]Speaker 1: And another example could be your brother say, hey SIS, are you qualified to even teach people about business when you are an occupational therapist? And you go, ha ha, you so funny. Hey, how was your holiday?[00:02:16]Speaker 1: Your partner could be, how much did this cost you to sign up for this program? And you're like, oh, it's definitely worth every single cent. Would you like to have some cookies? So this is the art of deflecting and redirecting. It is the idea to give as little information as possible and then change the subject.[00:02:43]Speaker 1: So I want you to leave business and money talk for your mastermind buddies, your coach, your mentor, your financial team, people basically who have a part of your business game or who are in the same boat as you. You can always deflect and redirect with sports, with food, with holidays, with different destinations, with questions back to the nosy person. And also, it works if someone is trying to pick your brain. Like you can be, oh, no idea, so sorry, would you like to have some cookies? So what situations have you come up recently where others have asked you?[00:03:27]Speaker 1: Unsolicited the money business questions, go and brainstorm your redirect topics and response to change the subject, okay? So go and write down a list of ten ideas so you can have them in your pocket for the next awkward situation. It's totally up to you if you want to be honest or not, but sometimes when already you know your money blocks and it triggers you, and then you can tell people about that. And then when they have a certain response that you aren't expecting, you get triggered and you have to heal some more. So instead of that, this deflect and redirect conversations allow you to have that space so that you can heal enough.[00:04:15]Speaker 1: And by the time maybe when you are ready to have those conversations, then maybe you can share with them. Otherwise, just save these money conversations for the entrepreneur group, for the peers, and for your mentors and coaches. That will be best. Right? But most of the time it's really unhelpful, like I said, and triggering for you.[00:04:36]Speaker 1: And they are not qualified to have that conversation sometimes. And it's not their business and it's none of their business. And you can set boundaries on that. I mean, like, would you ask a brother or a random stranger how much you make? How much are you making?[00:04:54]Speaker 1: So why do people feel like they can do it to you when you start a business? So now go and have fun with this one. I really like this. Okay. Everything is good.[00:05:05]Speaker 1: Thanks. So how's your kids? I have deflect and redirect. So you can also go, well, how much do you make? You can ask them back the same question.[00:05:22]Speaker 1: Okay. So most of the time it works. It's a really fun way to redirect. And I really think that it's a very important skill to have to learn how to redirect conversations so that we are not triggered and save the important real conversations, money conversations, to people who understand what's going on. So give it a try, let me know what you think and what are some of your ten possible deflect and redirect conversations?[00:05:57]Speaker 1: You can drop me an email at hello at soul richmondcom. Well, I believe that this is your time and you are ready for the next step. Sending you my love and I'll speak to you soon. Bye for now.
183: Soul Rich Kids And Money Action Plan Part 2
Oct 2 2022
183: Soul Rich Kids And Money Action Plan Part 2
[00:00:00]Speaker 1: Hey, gorgeous. Welcome to this episode. Now, this episode is all about the children and money. Yes, children and money. Raising the next generation of soul rich kids.[00:00:17]Speaker 1: So your kids are forming the money beliefs now. They are soaking in everything like a sponge as you are teaching them about money consciously or unconsciously. How can we ensure that they have a better money mindset than we do? So today we are going on a treasure hunt.[00:00:39]Speaker 1: What do you want to teach them? Get clear on what you want to teach your children about money. What values do you want to instill in them? Make that vision a part of your F-word life.   [00:00:54]Speaker 1: Put together a "Be" do have list for your children. I mean, these aren't necessarily the things that they would want at that age, but these are the things you want for them. For example, I want my children to be global citizens. Comfortable mixing with people from all backgrounds, ethnic and income levels. Accepted into music, orchestra, team, band, the soccer, the dance, the swim team this year.[00:01:28]Speaker 1: So that's "Be," right? "Do" is do participate in regular hobby and have enough money to buy them all the proper gear tuition and give them all the extra trainings they need. Or go to Disneyland next year. Get a tutor so that they can pass their test. Have a warm comfortable home to allow them to grow up comfortably their own bank account and ask their grandparents to transfer their birthday money in each year.[00:02:07]Speaker 1: Or some of these goals will inform your own. So there are fun things to teach your children. I think this is pretty cool. There are a couple of categories that I've come up with. I hope that is something that can inspire you to put them in the right place.[00:02:28]Speaker 1: And of course, enjoy teaching your children as well. The first category is discernment and then the second category will talk about entrepreneurship. The third one will be money, income and expenses. The fourth one will be the personal development tools. So let's get started.[00:02:49]Speaker 1: So under discernment, talk to them about buying quality. About how to choose between things that last and things that give them momentary pleasure. Learning how to delay gratification will be something that you can share with them as well. Role model that behavior by decluttering regularly and only bring things into your life that brings you joy. Talk through advertising and teach them about deceptive.[00:03:23]Speaker 1: Confusing, convincing marketing techniques. Avoid over giving at Chinese New Year birthdays, special occasions, Christmas to keep buying them stuff perfect rather than of course, avoid also buying all those cheap presents to unwrap. You can buy them something really more quality and avoid buying them like all the cheap bull stuff, right? Now, have that conversation with relatives too. Sometimes it's easier than done.[00:04:00]Speaker 1: They don't even understand what we're talking about if they don't go through upgrading, watch documentaries together to see where the rubbish ends up. And they can also learn about how to deal with their life and the things with them, like the Marie Kondo series as well. Yeah, even though it's a little bit boring for the kids.[00:04:23]Speaker 1: But hey, you can watch such shows together to discuss about stuff, right? Also talk about how cheap items are mass produced and can sometimes be made unethically. Well, there are a lot of plenty age related documentaries for you to share with them via Netflix or Disney Plus, Next is entrepreneurship. Now, under this category, you can encourage your kids to start their own small business.[00:04:53]Speaker 1: For example, they can sell some of the stuff that they no longer use and form like a garage sales or put on platforms like Carousel to sell their stuff online. Consider taxing them or introduce simple accounting like charging for cost of goods. Practice playing shops and start tricky conversations like a customer asking for a refund or negotiating prices. Tell them about your business, what you do, and how you make money. Let them watch your videos and show them your books.[00:05:35]Speaker 1: Show them, let them hear your podcast, or read your blog, or even take a look at your new photo shoots. Explain that some people go to work for others and some people work for themselves. The next category is money, income and expenses. You can play Monopoly with them and talk about money.[00:06:01]Speaker 1: Talk to them about what you choose to spend your money on at home and in your business. Visit the bank to set up their own bank accounts and when they're old enough, then they can have it on their own. Explain how credit cards work. Challenge them to a coin finding competition. Encourage them to put their money into the Safe, Give and Spend buckets.[00:06:31]Speaker 1: Sometimes you can teach them to put their money into the Financial Freedom Fund, into the Education Fund and Play Fund and things like that. Teach them about delayed gratification and how they can save up for things and feel really proud of by buying their own stuff with their own money. When they see a typical greedy rich person on TV, ask them what they think about it. Have a conversation about rich. The fourth category is personal development tools.[00:07:11]Speaker 1: I feel that you can share with them and send them to programs like Psychology of Vision, Money and You. At a young age, maybe during the time when if they are teenagers, you can bring them and let them attend NLP Neuro Linguistic Programming. You can even bring them to attend Tony Robbins programs. Date With Destiny, enlighten Warrior Millionaire Investor Mine program. Allow them to be exposed at young age for their personal development.[00:07:44]Speaker 1: Would definitely allow them to be exposed about healing their money, their mindset at a younger age. I exposed myself when I was in my teens. I had someone who introduced me some programs and literally that transformed my life. So yeah, I think that is pretty cool, whatever that fits your budget and of course their development as well.[00:08:14]Speaker 1: You can also teach them affirmations like I love money and money loves me. You can show them how to use Emotion Freedom technique EFT to deal with anxiety or fear. You guys can make dream boards together. You can give them their own journal to write their thoughts and goals in. Teach them gratitude.[00:08:36]Speaker 1: Have a nightly ritual of gratitude. Most important of all as a parent be the role model. The very best thing you can do is be the role model that you can be. Your children will hear what you say but they'll remember what you do and how you make them feel. So do watch your language around money and also about freedom, financial independence and also being fabulous.[00:09:06]Speaker 1: Working on your own money blocks and learning to be empowered around money is the greatest gift you can give your kids. Show them that it's possible to make money and that you love your work and show them what a rich woman looks like. Show them what a soul rich woman looks like and that's you. So any AHA's moment from this exercise my dear, what values would you want to share with your kids? What was good about your childhood that you want to share with them?[00:09:37]Speaker 1: And teach them what were some of the bad lessons about money? Do you want them to avoid? Anyone to add to your forgiveness list? Is there anything new that you would like to tap on? Now, here are some suggested affirmations it's safe for my kids to grow up wealthy. It's safe for my kids to grow up rich. It's safe for me to show my kids about living their purpose and passion. It is safe for me to be a powerful money rule model for my children. It's safe for me to release my family legacy around money. It is safe for me to create a new legacy.[00:10:24]So, this lesson are for all parents in a community but anyone who wants to have an impact on the next generation. So I hope you enjoy today's episode and of course, it's cool that we are doing this together. And you're doing awesome job and your children are so lucky to have you. Now, this is your time and you're ready for the step. Sending you my love and I'll speak to you soon.
182: Soul Rich Kids and Money Part 1