- Hello there, in this video,
we are talking about coaching questions
that will make more money for you and for your clients.
Now, before we get into the video,
I wanna remind you that this is no get-rich-quick scheme.
I am not gonna give you some hack
or some strategy that will make you money tomorrow.
This is not a place where you'll figure out
your game stop stock.
I'm sharing with you some time-tested questions,
self-reflection exercises that you could do for yourself
or just your clients that will help them
make more money in their life overall.
Now, before I share with you a question,
let me tell you something that will make you more money.
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As a coach, you may find yourself often in a bind
where a client has mindset issues
around money and abundance.
That is usually carried forward
from our past experiences in our life
where we may have had some negative experience
with somebody taking money away from us
or us losing a lot of money
because of some kind of business activity that we did,
or us investing in something
and then losing a bunch of money to that.
A lot of our financial programming
also comes from our childhood.
So if our parents were somebody
who was always struggling to find money,
if they were somebody who were always trying
to see how to save the next buck or make the next buck.
If they were always telling you
that they didn't have enough money
to take care of your needs, you may find yourself
in a bind where you thought
there was not enough money to go around
or that there is not enough abundance
that you could have as an individual,
because you always grew up in lack of it.
This is the kind of story that I grew up with.
When I grew up while my family was abundant with love,
they were not so abundant when it came to money.
And because of that, a lot of times
I would be wearing oversized jackets
that would last me three to five years.
I would be wearing pants that my brother wore
or shoes that were not necessarily
the latest and the greatest.
I always believed
that I will only be able to afford secondhand things
because I always got only secondhand things.
And that belief limited me for a really long time
to be able to create the abundance of money
that I'm fortunate to have today.
Which is why I'm gonna share these questions with you
because I know some of you may have grown up
in the way I grew up or may have borrowed
some of the mindsets that you really don't require
now in your life.
I truly believe that all of us can be abundantly rich.
All of us can be very, very wealthy.
All of us can have all the things that we truly want,
not want because somebody else
but what we truly, truly want.
There's enough resources in the world,
enough technology, advancement
and the spiritual connection that we have
that we can have all the money we need
to feel fulfilled and joyous in our lives.
So, without further ado,
let me give you those questions that you can,
like I said, ask yourself, or even your clients
to be able to change their money mindset
and create more money in their life.
One of the most profound questions
that I was ever asked and I taught,
was one of the biggest turns that happened
in how I approached money
and how I thought about wealth creation was this question,
how can you make your annual income, your monthly income?
This question was given to me
from a program I was taking at a very young age.
This program helped me really transform
how I thought about money.
You see, most of us when we're in jobs
or we're in some sort of career,
think that our annual income is capped.
Like if we have a job, especially,
if we are in the career option,
we think whatever salary we get that year
is the salary that we get.
We believe that we will get a five or 10% raise every year,
maybe 20% raise on every year
if we were really, really lucky.
That would help us keep accelerating our career.
And so in 30 years or 40 years, we would finally be wealthy.
When you ask yourself the question,
how can I make my annual income, my monthly income,
it changes your paradigm.
When I started asking that question to myself,
when I started to wonder, what do I need to do?
Who do I need to be, to be generating
my annual income as my monthly income,
it changed the way I approached my career.
At the time, I was employed as an intern with Mindvalley.
Mindvalley is a personal transformation company
who are also business partners with Evercoach.
But when I started with Mindvalley, I was an intern,
but my curiosity about making my annual income
my monthly income changed the way I approached my job
on a daily basis.
It changed the way the work that I would do.
It changed the way how I started to look for white spaces.
White spaces are areas that usually in a company
nobody really cares for,
but it really bothers the bottom line of the company.
And because I constantly upgraded myself
to fill those white spaces, in time,
I was able to become the CTO of Mindvalley.
Co-founder in many different companies
at Mindvalley started.
I built a webinar platform on the side and sold it.
I was able to build other startups
in partnership in Mindvalley
while I was employed with Mindvalley.
I was able to go from CTO to CMO to CEO of the company
in a fairly short amount of time.
And that happened because I was constantly wondering,
how can I make my annual income my monthly income?
The acceleration of income I had in those years was massive,
unheard of, and changed the game for me,
and of course, changed the game for the company as well.
The second question that I want you to ask yourself
and also your clients, especially if they are in business,
is how much revenue and profit you wanna make this year.
What I've found after working with tons of businesses
is that most of the businesses
don't actually set themselves up for a great year
this year or next year.
Most of the companies are very reactive in their approach
of how they will pace themselves for next year.
So like how I was talking about
how people think about their careers,
they think they will get an average of 5%, 10% raise
year on year, and that would make them feel really good?
That's kinda how companies operate as well.
Most companies think 20, 25% growth would be amazing,
and that would be unheard of
and they would love to have that growth.
The challenge with that question is that
it sets up a ceiling based on random numbers
that have been presented through different research formats.
The reason why we stick to 20, 25% growth year on year
is because very often we believe
that's how industries and businesses grow.
And that data is largely collected
by a lot of information that is across the globe.
It does not account for your industry,
it does not account for your personal drive,
it does not account
for what is your product that is involved.
And because of those variables,
it gives you a ceiling that is a bullshit ceiling.
There is no reason for you to believe
that you can only grow by 20, 25% annually.
You could grow by 100, 200% annually if you chose to do so.
Which is why it is very important for you as a coach,
and very important for your client to write down
what is it that they want to achieve
as revenue for the company, and be intentional about it.
And not only write about the revenue of the company,
but the profit of the company.
The reason why the revenue number
and profit number are so important,
is because it gives focus and attention
to you and your client
to look at a number and chase that number.
Without a focus number on revenue and profit,
all you're chasing is the activity of the day.
While that may seem productive,
it actually is not progressive.
It doesn't help you
get to the number that you truly deserve to get to.
Writing that number down gives direction to the strategy,
to the company, and gives energy and focus
to what's achieving those numbers,
which is why you must write down
your revenue and profit numbers.
So the third question I have for you is,
how do you act or what action do you take
when you feel a lack of money?
See, we all have a relationship with money.
And our real relationship with money is mostly represented
in how we act when we don't have any,
or how we act when we feel lack of money.
When you have lack of money,
what happens in your nervous system?
What happens to your body?
What happens in your psychology?
What happens to your emotional body
is an important observation to have
because when you observe your behavior emotionally,
psychologically, in your body, as you're experiencing lack,
you'll understand what you really believe about money.
Do you believe there is abundance of money?
Do you feel there is lack of money?
Do you feel you will never get money?
Do you feel there is so much money,
it's Just a matter of time?
You will be able to realize that your body,
your psychology, your emotions, your actions,
will reflect how you are really feeling
about the lack of money that you have.
And once you understand that, once you understand,
oh, when I have lack of money, I go into flight or fight.
And actually I go into flight,
that will inform you why you may be finding yourself
back in the situation of lack of money
because you're running away from the situation.
And as you run away from the situation,
you take less action, you take more emotional toll,
psychological toll, body, physical toll.
And because all these things that start to take on your body
and take on your psychology and emotions,
you find yourself in a situation
where you cannot create progress,
where you cannot create
and get yourself out of that situation.
So once you have understood, how is your relationship
when you are experiencing a lack of money,
now, we wanna find a counter relationship
that will help you create progress.
So if you or your clients are struggling to be able
to create abundance in their lives
or create money in their lives,
I really invite you to look at your relationship with money
when you're experiencing lack of it,
because that will really inform
how you need to change your behavior
so you can create positive momentum in your life.
As a follow-up question,
when you are experiencing the lack of money
and you're taking the actions that you take
when you experience lack of money,
I invite you to also ask yourself
is if those actions were useful for your future?
A lot of the actions that we take when we're
experiencing lack of money are so short-term
because we are experiencing the lack
that we forget that over a long period of time,
those short-term actions are actually more hurtful.
And hence, you wanna ask yourself
if the actions that you're about to take
because of a temporary lack of feeling of money,
are they really helping you on the longterm?
Because if they're not,
maybe you want to reconsider your actions.
Maybe your clients need to reconsider their actions.
The fourth question I have for you and your clients
is do you have a financial time?
You see, most people are reactive about money.
How much do I have in the bank account?
Oh, this is what I have in the bank account,
this is how much I can spend.
Oh, what is it that I really want?
Oh, I want this, let me go buy it
because I have money in the bank.
There is an eternal problem when you are approaching money
in a reactive way, because there is no plan for the future.
And so let's say if you had some great months,
you had three great months this year,
and now you're going into the fourth month.
And the fourth month is not so good.
Fifth is not so good.
Six is not so good.
Seventh is not so good.
Eighth is not so good.
You see how the first three months that went really well
with data plan actually would not really help you
carry over for the next five that didn't go so well?
And that's why you need a financial plan.
A financial plan is a plan of your income,
your expenses, your savings, your emergency fund,
and all these different variables that will allow you
as a person or as a company to thrive
despite the financial circumstances around you.
There must be rules that you put in place
that allows you to not only create short-term abundance,
but abundance for a long period of time,
abundance that will stay with you forever and ever.
Creating wealth or becoming financially abundant
is not about making more money,
it's about how you save your money,
how you invest your money, how you grow your money
even when you're not looking at it.
It is a slower but a more long-term approach
that gives you the yield for years and years to come,
even if something on the short term
doesn't really work hard for you.
Having a great financial plan
is one of the most important things to have
to create abundance and wealth and money in your life.
The last question I have for you is, how would you feel
if you already achieved your financial goal?
If I was to transmute you into the future, who would you be?
And how would you feel as you were achieving your goal?
See, the reason why we do this future based exercise
is because it does two very important things.
Firstly, it makes you realize how amazing it will be
to actually get those financial goals,
what you would be doing, how you would be doing,
how would your lifestyle change?
And that creates more vision
and creates more passion in you to really be chasing
after the goals that you want to create in your life.
A lot of us think about big financial numbers and say,
yeah, that's where I will have that much money,
but we don't have a direct emotional attachment to it,
a feeling attachment to it
because we don't understand it just yet.
We don't understand, we have never taken the time
to really write down what does it mean to have that money?
Like if it's a million dollars,
what does it mean to have a million dollars?
What does it look like when you have a million dollars
in your bank account?
Do you look happier?
Do you do different things?
What are those things that you do?
And once you understand that and have invested some time
and really writing it out, you would get the true feeling.
It's also important to write the second part
of the question, which is,
who is it that you will become
to be able to achieve that goal?
You see, money is directly proportional
to who you are as a person.
If you don't care about money, money doesn't come to you.
If you care about money, money comes to you.
If there's a certain quality that is required
for that person to be that abundant.
If you don't have that quality,
money's not gonna come to you.
But if you have that quality,
if you develop that quality, money will come to you.
So say a year from now, you have all that money
that you wanted to have this year.
What would you feel?
How would you feel as you have that money
in your bank account or in your savings account
or whatever that is that you choose to have?
Write that down.
And right below that write down
who is the person that would have that money?
What would be the skills you would have?
What would the qualities that you have?
What would the network that you have?
What is the friendships that you have?
How is it that you feel emotionally?
How do you regulate your emotions?
How do you regulate your biology?
How do you regulate your psychology?
And what does your spirituality look like?
The reason these questions are important
is as you will write them down,
you will realize one of two things.
Firstly, you may realize that you already have all of it
which means it's just matter of time
and you need to just do the work.
And that is fine because there's a short time delay
between your expectation and outcome, and that will happen.
Or you may realize there is a gap
between the person that truly deserves to make that money
and have that money, and your stage right now,
which means that you need to make that journey.
You need to bring your biology to that,
your mindset to that, your psychology to that,
your emotional wellbeing to that.
And once you work on all of that comprehensively,
you will find yourself getting to that goal, that money,
that amount much more quicker, much more faster.
Thank you so much for watching this video.
I do have another invitation for you, though.
You see, recently, we've created something
that's called certified business coach.
It is our four month long program where we work with you
to certify you as a business coach,
and we also give you skills to become a life coach.
If you've enjoyed my trainings
you would really love certified business coach.
This certification is open for enrollment right now.
There's a link on this video notes before,
go ahead and click that link, get more information.
And I hope you will join me in certified business coach.
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