Dealing with "The Not Good with Money Mindset". Which Entrepreneurial Archetype are You? - Celia Powell

Dealing With “The Not Good With Money” Mindset,  Discovering Your Entrepreneurial Archetype 
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Introduction‌ ‌
Having confidence when making financial decisions for many entrepreneurs and business owners may be more difficult for some, than it is for others.  Many entrepreneurs start businesses out of unplanned and uncontrollable circumstances and most do not have a formal education in business but a great business idea.  When we begin to dig deeper into the mindset of the business owner/entrepreneur we may uncover mindsets that hinder or may be detrimental to the progress and profitability of the business.
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The topic of today is going to address a very common issue that many business owners, entrepreneurs and leaders experience but not discussed openly. We will have a money discussion but from the money mindset perspective of four entrepreneurial archetypes. 

Show‌ ‌Objectives‌ ‌-‌ ‌The‌ ‌Why‌ ‌
To help entrepreneurs and business owners identify and understand why they think the way that they do about money and dismantle limiting beliefs that impede them from creating profitable enterprises. ‌

Key‌ ‌Issues‌ ‌-‌ ‌​Owner/Manager‌ ‌Perspective:‌ ‌

• Imposter Syndrome (fear of being found out)
• Passion about the product or service but not the finances
• Finances are some else’s problem not mine

What‌ ‌You‌ ‌Need‌ ‌to‌ ‌Know - The Mindsets of Four Entrepreneurial Archetypes:

• Coach
• Teacher
• Creator
• Entrepreneur‌ ‌

 
What‌ ‌You‌ ‌Need‌ ‌to‌ ‌Do‌​‌ ‌-‌ ‌‌Get Insight and Understanding:
Understand the different “Entrepreneurial Archetype” money mindsets and how it impacts decision making and perspectives about money. 

• What did you learn about money growing up? 
• What were your experiences around money?
• What beliefs did you adopt about yourself, others, or the world as a result?
• How was your money mindset shaped?
• What kind of money blocks does my Entrepreneurial Archetype have?
• How are they affecting my business results?

Summary: When we can identify our “ Entrepreneurial Archetype”, then we can begin to address these mindsets that create limiting beliefs, we will be released to think more confidently about ourselves and that will translate into higher profits for our businesses.

Article‌ ‌link:‌ ‌ ‌
 
 Money Mindset: The Entrepreneurial Archetype Approach
 Shows‌ ‌
Previous:‌ ‌ Episode‌‌ ‌‌F4.005‌  ‌‌Do We Really Have to Do All the Things?
Nex‌t: Episode F4.007 Secret CFO Strategies to Keep You in the Black.

 
Written‌ ‌by‌ ‌Celia‌ ‌L.‌ ‌Powell‌ ‌CPA‌ ‌
 
Celiapowellcpa@mymoneyandmore.net‌ ‌
Facebook‌ ‌@mymoneyandmore‌ ‌
Instagram‌ ‌@mymoneyandmore‌ ‌

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