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From $40K/Year to $40K/Month: Mastering Your Money Mindset

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Chapter 1: The Journey to a 5-Figure Monthly Income

Most individuals assume that an extraordinary strategy is the secret behind someone’s ability to generate a five-figure monthly income online. I, too, was caught in this misconception at the start of my digital journey. I poured money into various coaches, seeking the elusive formula to create my dream life—one where I could assist others while earning a living doing what I adored.

After a year of challenges that drained my finances, I found myself in dire straits, living on a meager diet and struggling to pay rent while caring for my two children. I had staked everything on this dream. But did I truly risk it all? The answer was a resounding no!

You might wonder why I struggled to succeed with the winning strategies that seemed to effortlessly yield six-figure incomes for others. The answer is straightforward: my mindset, beliefs, and attitudes were misaligned with my aspirations. Despite my enthusiasm, fear often overshadowed my excitement.

For eleven months, I chased after various tactics in an attempt to make my business thrive, neglecting one crucial element: my mindset. I held onto insecurities, worried about others’ opinions, and was hindered by self-judgment when sharing my work online. Eventually, with my back against the wall, I had no choice but to commit fully.

Following this pivotal mindset shift, I managed to generate my first $10,000 within 30 days, primarily by sharing my knowledge on LinkedIn. This transformation attracted three amazing individuals who decided to collaborate with me that month.

Your Success is 80% Mindset and 20% Strategy

I vividly remember that day during summer vacation when I received payment notifications while preparing to take my daughter to the community pool. I leaped with joy, feeling like the happiest child in a candy store, exclaiming, “I did it!” Not only did I achieve a $10,000 income that month, but it also felt effortless after I released my limiting beliefs.

Imagine being able to help others, doing what you love, and being generously compensated. How incredible is that? From that moment, nothing could hold me back.

Many overlook the essential elements of launching an online venture, particularly in writing. Your emotions will be challenged, your mindset must undergo a transformation, and your beliefs should elevate to align with those who perceive the possibilities as limitless.

Before you invest thousands into strategies in search of the next shiny object, consider what you can accomplish first—without any financial commitment. It’s all about your determination to create the life you desire as a writer, coach, or online entrepreneur.

What Money Beliefs I Had to Release

I had to confront and let go of certain limiting beliefs, such as:

  • "No one will pay me for my expertise online."
  • "No one will listen to what I have to say."
  • "I don’t care about money; I just want to help people." (This is indeed a limiting belief.)

To overcome these obstacles, I delved into the deeper meanings of these beliefs and worked diligently on self-improvement. This prompted me to learn Neuro-Linguistic Programming and Time Line Therapy techniques, which help individuals like you uncover and challenge hidden limiting beliefs.

Where to Begin

You must learn to embrace money, my friend. It may seem daunting initially—I felt the same way. However, recognizing that money is merely energy, much like the relationship you have with a partner, is crucial. You must cultivate positive energy towards money.

Let go of any resentment towards successful individuals, wealthy people, and millionaires, and instead, learn to appreciate the lifestyle and freedom that money can provide. Writing online can yield significant income; you just need to develop the belief that it is achievable.

I coach people through this transformative process, but I want to give you a head start, especially if you're someone who believes you can do it all by yourself.

Your First Action Step:

Begin by listing all your negative beliefs on the left side of a blank sheet of paper. Continue until you’ve exhausted your thoughts. Be honest; otherwise, you’ll cheat yourself out of real progress.

Your Second Action Step:

After creating your limitations list, rephrase those negative statements on the right side of the paper into empowering affirmations, such as:

  • "The right people will pay me for my expertise online."
  • "Everyone needs to hear what I have to say."
  • "I love money and the freedom it brings."
  • "I deserve to be compensated for helping others transform their lives."

Your Third Action Step:

Explore the origins of those beliefs. Consider questions like:

  • What experiences shaped these beliefs?
  • Are these beliefs genuinely yours?
  • What alternative meanings could they hold?
  • Can you shift your focus to this new understanding?
  • How can you reinforce this new belief?

Your Fourth Action Step:

To solidify your new empowering beliefs, repeat them every morning and night, or whenever you feel negative thoughts about money creeping in. Keep your list accessible and reinforce these affirmations until they become second nature.

Allow yourself a few weeks to witness changes in your life. Your attitude, mindset, goals, and confidence will transform, freeing you from limitations surrounding money.

Feel free to share your thoughts, leave a comment, or express your appreciation if you found inspiration here. Learn more from me and subscribe today.

Emy Knazovic's designed insights

Chapter 2: The Essential Mindset for Financial Success

In this video, "The Mindset You Need to Go from 5 to 6 Figures Income," Emy Knazovic elaborates on the essential mindset shifts that can lead to significant financial gains. Discover the mental barriers that often hinder success and how to overcome them.

In "How To Make NO LESS Than 5 FIGURES Every Month In Your BUSINESS," learn practical strategies and mindset adjustments that can help you achieve consistent financial success in your online ventures.

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