How Your Relationship with Money Can Affect the Growth of Your Business

How do you feel about money? For most people, their relationship with money begins as a child. When host May Yeo Silvers was growing up, she believed that money was scarce. While her relationship with money initially got off to a rocky start, May had to restructure her past beliefs to achieve success in her business now. In today’s episode, May discusses how your relationship with money can affect the growth of your business. Adopting the mindset that money is scarce will only negatively affect your performance as an entrepreneur. According to May, if you adopt that mindset, you will become desperate to close every deal, more inclined to offer discounts, and too afraid to invest back into your business. To overcome your scarcity mindset about money, you must first understand your relationship with money and then work to reframe your mindset. May explains that money loves speed and time, and when you believe in yourself and invest in your business, you can get back time, speed up your growth, and allow the money to flow.  Tune into this week’s episode of The Unstoppable Eventrepreneur™ for an honest conversation about money. Learn more about where your relationship with money currently stands and how to overcome any limiting beliefs, so you can change your mindset and grow your business to be a financial success.  Quotes • “Instead of spending two weeks trying to figure out how to run the website, I hired someone to do it and I immediately saw the return.” (08:36-08:48) • “When you are in the mindset that you must close every deal because you think that money doesn't grow on trees, it’s going to be very damaging to your business because you'll be working with people that you really don't want to work with.” (11:34-11:52) • “If you don't understand your relationship with money, you will never understand what is blocking you from growing your business.” (12:32-12:40) • “Money loves speed. If you're able to get back time, you're able to speed up the growth of your business, and when you have speed, money comes.” (15:33-15:43) • “If you don't invest in your business, you won't have the money.” (17:07-17:11) • “The most successful people in business are those who are always willing to move forward in faith.” (18:11-18:19)   Links Connect with me at: [email protected] Website: events4anyone.com LinkedIn: www.linkedin.com/in/mayyeosilvers Facebook: www.facebook.com/mayyeosilvers IG: www.instagram.com/mayyeosilvers TikTok: https://www.tiktok.com/@mayyeosilvers  FB private group: https://www.facebook.com/groups/events4anyone   Podcast production and show notes provided by HiveCast.fm