The Mindful Money Shift - Celia Powell

Celia Powell - "By the Numbers"

Introduction
Today’s conversation is a slight departure from our usual debit and credit approach to content. We are going to stray slightly away from the book business growth strategies that we’ve talked about in our past episodes for the season.

​Today we are going to talk about the importance of Mindfulness and how it can help you as the Entrepreneur better make financial decisions for your business.  The business environment that we exist in today is unlike any other than what most of us have had to operate within and having to implement new strategies to operate my business and support others too. Having a mindful money strategy as we enter into 2021, may be a great idea!

Show Objectives - The Why
​Mindfulness allows the business owner to  present and plan for the business’ financial future.  One word that comes to mind is awareness and how to incorporate that into our decision making to create strategies. Mindfulness increases the business owner's ability to be effective, by present with our business decisions. Mindfulness will bring us into alignment with our purposes and strategic growth goals.

Key Issues - ​Owner/Manager Perspective:
Ridding and turning off the “Monkey Brain”(Mindfulness term of excessive mind chatter)so that they can focus on addressing the major issues of the business.

What You Need to Know: Facts About Mindfulness:

1. Mindfulness is not obscure or exotic. 
2. Mindfulness is not a special added thing we do. 
3. You don’t need to change
4. Mindfulness has the potential to become a transformative social phenomenon. 
5. Anyone can do it.
6. It’s a way of living.
7. It’s evidence-based
8. It sparks innovation

What You Need to Do​ - The How

2 Steps to putting Mindfulness into practice

1. Be Still and be quiet - block out the outside/external distractions
2. Practice breath awareness and focus one particular area of the space or close your eyes

Practicing these two steps can help you address the monkey mind, autopilot thinking that happens. This practice will help us control our thoughts and giving us the opportunity to focus on addressing the matters that we are experiencing in our business finances and allow us to mindfully shift. Making the shift will move us from the mind chatter to begin creating strategies to address the issues that cause us to be unprofitable.

Council Post: How Mindfulness Impacts Your Business (forbes.com)
What is Mindfulness? - Mindful.org
How Mindfulness Can Drastically Improve Your Business | Inc.com

Shows
Previous: 

• EPISODE F3-4.011Rightsizing your business for the Future
• Next: Episode F3-4.013 The Wrap up of Season 3

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

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