“The single most powerful asset we have is our mind.
If trained well, it can create enormous wealth.”
~ Robert Kiyosaki
What this quote means to women entrepreneurs:
When in comes to creating income in general and wealth specifically, there are two specific ways in which we need to train our brain:
- Mindset: Looking at money in a way that supports it flowing to you.
- Knowledge: Having the know how to create income and wealth
More than likely, Kiyosaki was referring to the latter, but I’m sure he’s a believer in the former, as well. I’ve found that mindset is the key to making the knowledge work. That’s why I say without the mindset, the marketing doesn’t matter.
In more practical terms, you could learn how to invest your money to grow it, but if you don’t believe you are worthy of that increased income … if you don’t give yourself permission to have that increased income … if your mindset in any way does not support that increased income, you’ll find that your income either doesn’t increase or you lose it in some way.
There are four areas in which people often sabotage their efforts to increase the money in their lives. These are the four areas of money empowerment:
- Voice, and
Let me explain a little further about each area:
Does your “no” actually mean no. When you draw a line in the sand, do you support it … or do you let people walk past it. In other words, are your boundaries with others squishy or permeable? One way this can show up with money, is loaning or giving money to people when you know you shouldn’t or even said you wouldn’t. For example, I would often “throw money” at problems in my marriage rather than have an argument. My ex-husband would use this (consciously or unconsciously, I cannot say) against me by getting mad at me around money. In those cases, I was exhibiting a very permeable boundary with money.
Do you take the actions you know you need to take to support your desired income? Or, do you procrastinate, avoid and generally put off money-making activities?
Do you stand up for yourself around the topic of money? Or do you let people “make you feel bad” or, worse yet, doubt your decisions or change them to what you believe they would prefer? Are you able to stand in your power when requesting money? Or do you get wishy-washy and allow people to not pay you what you are worth?
As I’ve mentioned in a previous post, integrity is when your actions match your words. Do you do what you say you will do? Is your word platinum, gold, silver or wood?
When you can identify the areas in your life and business where you are sabotaging your desires, then you can train your mind to change course and be more powerful with money.
Now It’s Your Turn:
Do you agree with my interpretation of today’s quote? Why or why not? What are your thoughts on money, mindset and training? Have you overcome a bad money mindset habit? How? Please share your thoughts, experiences and sage wisdom in a comment below.
Announcing “The 4 Pillars of Money Empowerment”
On January 22, 2015, I’ll be holding my first live webinar in which I’ll be diving into the topic of today’s Power Quote more deeply. I’ll explain what money empowerment is and share ways in which you can empower yourself in the four areas of Money Empowerment I touched upon today. You can grab your seat here.