010: 5 Mindset Shifts You Need to Make to Build a Freedom-Filled Business

It’s a new month & we have started our new focus projects for September inside my coaching community, Made For This. I chose to focus on my health again, so I got in a great workout this morning & I’m feeling all kinds of pumped up to record this today!

I want you to imagine for a minute the life you really want.  Sometimes we forget because we just get used to the everyday grind of what we’ve been doing for years.  We start to believe that’s just how it is or how it has to be.  

But does it?  I started to question this a few years ago & it opened my eyes to all the possibilities around me.  And when I was able to believe something different was possible, I was able to start creating it.

So I want you to imagine having more time for your family, more time to travel & the money to do it.  Imagine waking up to deposits that came in overnight while you were sleeping instead of working late into the night.  Sounds amazing, right?  Notice that there was no mention of not working.  It still takes work to bring in the dollars, but there is a smarter way that gives you more freedom.

Today I want to talk to you about some of the mindset shifts you have to make in order to create a business that works for you & for any of those other perks to become a reality.

These shifts in your mindset are absolutely key to creating a more freedom-filled business.  Stick around until the end & I’ll share a free guide to help you start building a business that gives you more freedom, flexibility and passive income.

Mindset Shift #1: From Scarcity to Abundance

Nothing gets created from lack.  In order to create something new, you have to be in a place where you feel empowered to move.  

Most entrepreneurs operate from a place of scarcity - that fear that there aren’t enough clients, there’s not enough money and my favorite - there’s not enough time to get it all done.

When you adopt an abundance mindset, you open yourself up to more opportunities for income streams and business growth.  When you believe there actually are endless possibilities and resources like time and money are available to you, you will be amazed at what you can create.

It takes work to transition from constant worry about lack to embracing the fact that anything is possible.

I worked with my clients on this last week inside my life & performance coaching membership, Made For This, last week.  We discussed how many hours a day they spend in stress, anxiety, doubt & worry vs how many hours a day they spend in gratitude, clarity, confidence & intentionality.  I bet if you asked yourself the same question, you would be shocked.  The difference in what you create for your life is in how you look at life.  Is it from a place of scarcity or abundance?

That is why this mindset shift is so important.

Some practical things you can do to shift from scarcity to abundance:

  • Gratitude journaling

  • Setting some abundant affirmations when you feel yourself slipping into that place of lack

  • Ask yourself “is this true”?  That one right there is a game changer because usually the thing you are believing in that moment isn’t actually

Mindset Shift #2: From Hustle to Flow

Society glorifies the hustle culture.  It makes us believe that working harder equals more success.  How often do you look at someone else in your industry & think they are more successful than you because they look busier?

This belief that working harder is the only way to make money is killing us & it’s creating these businesses that drain us dry, keep us overwhelmed & in a very disempowered state.

Shifting your mindset from that hustle & grind belief to one that focuses more on creating more from a slower, smarter pace allows you to leverage your strengths to create passive income streams that work for you, see a bigger picture & build systems that allow your business to run with less hands-on effort from you.

Moving from that constant hustle to a state of flow allows you to work less but achieve more, giving you back precious time to spend with family, travel, or pursue passions that you probably forgot you even had.

Some practical things you can do to shift from hustle to flow:

  • Work on that belief that you’ve convinced yourself is true that “there’s not enough time”.  

  • Believing that will keep you in overwhelm & in a reactive mode, both of those are just different versions of scarcity & lack.

  • Getting in that abundance mindset will allow you to slow down long enough to create the systems & delegate things in your business.  It will also allow you the time and space to create something new that you can set up automations around & turn into passive income funnels so you can enjoy more downtime without sacrificing income.

Mindset Shift #3: From Perfectionism to Progress

Perfectionism keeps lots of entrepreneurs stuck in the grind, delaying launches or never finishing projects.

When you can get past this need for perfection (which is ultimately that belief that somebody is going to judge you for not being “right” or that you’re “not good enough”), you will make decisions faster & take action faster.  That means you’ll create more, launch more & scale your business - all of that will give you more time & financial freedom.

So embrace progress over perfection. Understand that taking imperfect, messy action is better than taking no action at all.

Some practical things you can do to shift from perfectionism to progress:

  • Work on the belief that done is better than perfect.  People don’t want perfect.  Perfect is boring, unattainable & unrelatable.

  • Set deadlines & hit them.  Launch the thing - ready or not.  You can always improve things along the way.

  • You going for it may be just the thing someone else needs to see today.

  • Waiting for perfect is just you playing small.  I’ve done it & the longer you wait to release your new idea, the longer you go with no impact & no income from it.

Mindset Shift #4: From Control to Trust

Wanting to control every aspect of the business can lead to burnout and will stifle your growth.

I used to struggle with this one.  I am a recovering control freak.  Loading the dishwasher may be one I never fully let go of though.  I have tried, but there really is only one way to load it - my way.  

You gotta let me know in the comments if your way is the only way too!

But back to business . . . trusting in the systems you’ve built, in the team you’ve put together and your processes will free you up from a lot of worry, a lot of micromanaging that does the exact opposite of what we want - to create more time & space to actually enjoy life outside of work.

Some practical things you can do to shift from perfectionism to progress:

  • Start by outsourcing one task that eats up your time, and gradually build a team or use tools that keep your business running smoothly while you’re off enjoying life.

  • They are going to mess things up.

  • It is going to take some time to set up the systems & your team, but once you do, it will be a game changer.

  • After I did this in my business, I had so much time that I was able to build another multi 6 figure coaching business.  My other business ran without me & one of the main contributing factors was that I was willing to let go of perfectionism & control.

  • I promise you do not have to be the one always in the driver’s seat.

Mindset Shift #5: From Fear of Failure to Embracing Growth

Fear of failure so often prevents entrepreneurs from trying new things or stepping outside their comfort zone.  

Failure is only a bad thing when you make it mean it’s a bad thing.

Failure is not just a setback.  It’s actually a learning opportunity.  

The more times you fail, the more you learn how not to do something.    

It is a necessary part of growth.

And every set back can become your biggest set up for a comeback.

My divorce was a huge setback.  It rocked my world & sent me straight to my knees.  But what I didn’t realize then was that it was the biggest set up I have experienced so far in my life.

If I hadn’t gone through that, I wouldn’t have built what I’ve built today.

Some practical things you can do to shift from fear of failure to embracing growth:

  • Lean into the discomfort.  Get really comfortable with it.

  • Know that the more you try, the closer you get to finding what works, and ultimately, achieving a business that supports your dream life.

  • I’ve taken huge risks over the last 4 years.  I’ve failed a lot, but I’ve also grown so much because of it.  

  • Without stepping out of my comfort zone, I would have never built a half million dollar coaching business.  I would have never built the retirement accounts I have today.  I would have never bought 1950s houses & flipped them.  I would have never purchased rentals.  I would have never made a massive career pivot in an effort to serve even more women & help them become financially independent.

  • Failure is not fun.  But the growth as you navigate it is priceless.

So let me wrap these up for you again. 

The 5 mindset shifts you need to make to create a freedom-filled business are:

  • Scarcity to Abundance

  • Hustle to Flow

  • Perfectionism to Progress

  • Control to Trust

  • Fear of Failure to Embracing Growth

Working on these shifts can completely transform your business & your life.  It did for me.  You don’t have to be tied to your computer.  You don’t have to only do 1:1 work.  You can create so much more.

These mindset shifts are the foundation of a business that supports a freedom-filled life, rather than one that drains you.  That is what I am all about - helping you create a life & business that you absolutely love & one that gives you the freedom you’ve been wanting.

There are 3 things that you need to know about before we wrap up today that can help you with this:

  1. My Passive Income Starter Kit -  It includes my 6 step process for creating your own digital products & the top selling products right now.  You can grab that free resource & any of my other ones at www.jenagoldencoaching.com/free.

  2. My Passive Income Mastermind -  I am filling seats for the next round right now.  One of the 6 is already taken.  This is where you will work with me & a small group of powerhouse female entrepreneurs who are ready for massive shifts - not just in their mindsets, but in their bank accounts too.  We will build your new brand & online business together.

  3. My Made For This Coaching Membership - This is life & performance coaching for female entrepreneurs.  If you know you need to make these mindset shifts we talked about today, this is the place to do it.  This is the room where huge transformations happen - from scarcity to abundance, from overwhelm to being in control of your emotions, your beliefs & your actions, from victim mentality to completely empowered. 

I’m here & ready for you - wherever you are on your journey.  Let’s do this.

I love you all!  See you soon!

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009: She Left Her W2 & Scaled Her AirBnb Business With Julie Thomas