Episode description
I genuinely believe that the first step to addressing any negative feelings you have about money as a business owner is to look at your financial situation head-on. Without looking at data and hearing feedback, you will never have a real understanding of your actual financial situation. That being said, I cannot deny the fact that despite all we do for our clients to make them feel financially empowered, there is a psychological and emotional component to how they relate to money that can stop them from making progress with their finances and their businesses. That’s why I was so excited to talk with Wei Houng, money mindset expert and founder of The Six Figure Academy. During our discussion, Wei shared:- How his early family life set the stage for his relationship with money in a negative way and how he overcame those negative associations
- How defining moments in our lives create our relationship with money
- Why money is more taboo than sex
- How a poor money mindset can sabotage your business and your personal finances
- Why cultural and societal pressures can affect the way you manage your money
- The big difference between “needing” something and “wanting” something
To learn more about Wei and how he helps people to overcome their money mindset barriers, go to http://the6figureacademy.com/.