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How to avoid ‘taking on’ your clients’ money drama
August 11th, 2010 by Kendall
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If you’re a sensitive, caring entrepreneur then you’re likely to face a situation with a client that I call, “Emotional Money Dumping.” This is where your client’s money issues suddenly become yours, leaving you feeling responsible, guilty or stuck.
For example, your client is late in paying you, sharing with you their money woes. You listen compassionately, and while you DO want to get paid, instead of asking about a plan you find yourself commiserating with their situation, saying things to help them feel better. At the end of the conversation you have no clear plan for payment but do have a feeling of unease and heaviness.
Or, let’s say your client is current on paying you but is frequently stressed out about money and always seems to be “up against the wire” with the latest financial drama unfolding in their life.
Even friends can be guilty of Emotional Money Dumping. No matter what the situation is, you know you’ve been a victim if you:
- Feel like you have to rescue someone financially
- Feel like your energy just tanked after talking to your client or friend about money
- Find yourself frequently listening to someone’s money drama story
- Find yourself feeling helpless or even scared after talking with someone about money
Let me share with you my ONE most powerful strategy for preventing Emotional Money Dumping from happening to you, including a word-for-word script you can use to ease the situation with love, caring and compassion.
Posted in Money and Mindset • 7 Comments » • Subscribe to this feed
Client Payment Problems? Try These 3 Simple Tips
July 20th, 2010 by Kendall
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Signing up new clients is a joy…unless their payment bounces. If that happens to you, you’re likely to feel guilty, uncomfortable and wonder what you did wrong. To top it off, a client whose payment bounces is likely to avoid contacting you, leaving you to wonder what to do next.
If this happens to you, the first thing to realize is it’s NOT PERSONAL. Yes, you’re the one temporarily getting the short end of the deal, but keep in mind it isn’t because you didn’t do enough, aren’t good enough or don’t deserve to be paid.
As a woman entrepreneur, you must learn how to navigate these kinds of sticky situations with grace, compassion and leadership. The good news is that if handled correctly, most client payment situations can be quickly resolved and can even help you deepen your relationship with your client.
Let me give you my 3 “best practices” tips for resolving client payment situations and eliminating any feelings of guilt, discomfort or self-blame in the process.
Posted in Money and Mindset • 9 Comments » • Subscribe to this feed
Is Your Man’s Money Beliefs Holding You Back From Success?
July 7th, 2010 by Kendall
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If you’re in a committed relationship then you’ve likely had an argument about money. Add in to the mix that you’re an entrepreneurial woman and arguments about money can magnify in both frequency and intensity.
Studies show that the number one topic couples fight about is money. I’m not surprised, since money is often a mirror for where we give up our power, in addition to mirroring our fear of not having enough. No wonder this is such an emotionally charged topic!
To top it off, if you’re growing you’re business then it’s critical that you invest in training courses, attending events, coaching programs and other activities that your spouse may see as frivolous, when in truth, these are the very activities that will help you leap out of struggle and into success.
So, what’s an ambitious gal to do when she loves her man, doesn’t want to compromise her business growth by holding back, yet doesn’t want to get into another argument over money?
Sit tight and buckle your seatbelt…I’m about to share three tips with you that will help you keep the peace AND give you permission to invest in your business so you can watch it grow.
Posted in Soul of Business • 11 Comments » • Subscribe to this feed
How Much Money Do You Deserve To Make?
June 8th, 2010 by Kendall
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Every woman harbors inside her heart, her secret “inner accountant.” This accountant busily keeps tabs on how much you’re getting, not getting, feel you need and don’t have and how much you dream of having. This inner accountant is content as long as the numbers it’s tallying every day are within its comfort range.
But, if the numbers begin to squeak above that comfort level, watch out because your inner accountant turns from a meek and mild “bean counter” into a raging dragon of drama.
If you’ve suddenly made more, then just as quickly found yourself out of money, or no matter how hard you try to make more it just never seems to happen, then you’re inner accountant is to blame.
The good news is, you can renegotiate the amount your inner accountant is comfortable with you making. This is what I call, “Money Soul” work. Here are three secrets for breaking through a self-imposed barrier that’s blocking you from creating the income you desire…and deserve!
Posted in Money and Mindset • 9 Comments » • Subscribe to this feed
