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Episode 192: “How to Take Good Care of your Money” – Joan Sotkin
Joan is the expert when it comes to understanding how emotions learned in childhood affects a person’s earning capacity. For over 20 years she has been making income online, helping entrepreneurs and practitioners experience freedom from struggle, personally professionally and financially. She is a dynamic speaker & coach who brings knowledge to her work. Thousands have benefited from Joan’s groundbreaking book “Build your money muscles: 9 Simple Exercises for Improving your relationship with money.”
In this interview Fabienne & Joan talk about money! Joan thinks that in any kind of business if you're not paying attention to your numbers, you're going to get into trouble. She gives tips about how to keep check on your numbers on weekly basis using financial management software and why it's important. People can go bankrupt if they don't know how to manage cash flow. She also explains the deep connection between emotions related to money & manage our finances. On earning the right amount of money for oneself, Joan thinks that one has to start with the self concept. If you don't perceive yourself to be a person to earn a hundred thousand dollars or more, then it's pretty hard for you to get there. She also explains different terms and concepts from her new book 'Build your money muscles', such as what is 'Identity Factor' & 'Moving Stupid'. Listen to this interview & know why people are disoriented when they gain a big amount of money or their business grow & how to control that confused feeling.