5 Abundance Mindsets For Heart-Centered Business Owners
Heart-centered business owners such as coaches, trainers and teachers offer their services with the intention of doing good and making positive impacts to the community.
They generally embrace care and compassion and want to contribute positively to society and make a difference.
And it is sometimes challenging for these conscious, mindful professionlas to grapple with finance and profit on the one hand and doing good on the other.
Yet profit is at the centre of starting up or getting into business. It is an unavoidable subject to every business owner.
To help heart-centered business owner look at profit and finance in a balanced and healthy way, I have 5 mindsets on Abundance here that will help you feel good about getting fulfilling returns.
Mindset 1: Money Is A Tool You Can Put To Good Use
Although many spiritually inclined business owners may have been brought up on the notion that money is “less good” and that wanting more money is not desirable; money is only a tool.
The more money you make the more good you can do. You can engage in more ambitious projects and make bigger impact to the society or your corner of the world. Sometimes it also helps you get more influential. So there is no need to shy away from money or discussions about financial growth. The more profit you make, the more able you are to bring about improvement to the community.
Mindset 2: Think Big, Make Big Impacts
Now that you are comfortable with making profit, here’s another challenge . Do you have ambitious plans for growth or does that make you feel a little uncomfortable so you settle for breaking even?
A heart-centered business is a for profit business (as supposed to a non-profit organization) although it embraces care and compassionate. Merely breaking even does not serve you and it is not putting your talents and resources to the best use.
Ambitious business owners aim for double-digit growth or to double their revenue. But a spiritually wise Teacher talks about producing fruits in the order of 30, 60 or 100 folds. These are huge numbers, many times more than you have ever thought of. We need to let this sink in.
Although in this instance this analogy was not purely referring to financials or profit, the idea is to Think BIG and to dare to Play Big. Playing small does not serve anyone and is not what the spiritual Teachers had in mind for you and I.
It is challenging and it takes a great amount of planning, testing, implementation, monitoring and tweaking to achieve growth, so when you make the profit, consider it a job well done.
Mindset 3: You Are Responsible To Guard Your Business To Stay In Business
As a caring and compassionate Coach, Trainer, Teacher or Tutor you may sometimes feel obliged to give away your services for free (remember those free sessions?)
And if you are good at what you do you’ll get calls from long forgotten friends who want to “pick your brain” over lunch or tea (these usually end up being long sessions).
But as a small business owner you have the responsibility to protect and take care of you business even if you don’t have stake holders to report to. Giving away your service and products for free is not taking care of the responsibilities entrusted to you.
Heart-centered business serve their clients, community and themselves. Putting clear boundaries in place will help protect your business so you can stay in business and continue the good work you intend.
Mindset 4: Allow Your Clients To Be Wholesome And Capable
Your clients are wholesome, strong and healthy individuals who are capable of taking care of themselves. To truly help others, you want to empower and allow them to exercise their strength and not do the work (or the growing) for them. They are healthy and independent individuals who are happy to pay for your services and products. I have a post here that talks about these mindset. Feel free to check it out too.
Mindset 5: Value Yourself And Your Service
Coaches, Trainers, Teachers and service providers need to acknowledge and appreciate yourself. And to honor the work and time that you have put in to learn, train and create the program or service that you offer, you deserve your fair exchange of fees.
You won’t be doing yourself justice if you give away your precious work for free. If you do not appreciate your own service, neither will others. I have also found that participants usually put in the more effort and benefit the most when they have invested in the program.
Value what you have, feel good about the return you make and know that you have the freedom to contribute to charity or community or any project that you champion. That is good work that you can bring about because you have the means to do so which is quite different from giving your services away for free because you feel obliged to “be nice”.
It takes learning, hard work and growth and patience to grow your business. These 5 new mindsets will help you get comfortable setting financial goals so your business will be on solid ground and will survive the test of reality. And you’ll be able to do honest business, generate great profit and do lots of good.
If you rather watch a video, this 6-minute clip will summarise this for you.