Stop making money just for paying down debt
I’m going to state the obvious here: making money JUST to pay bills will never be a powerful motivator for you. Ever.
When you keep your focus on paying down debt in your business you can actually dry up your money flow!
Check out this short video to learn how to keep the money flowing.
When it comes to keeping the money flowing in your business what’s important to remember is that using the money you bring in today to pay for something that happened yesterday – aka your debt – is not life giving.
Having your new money create a new experience for yourself is motivating.
Get disciplined about allocating your funds to your past, present and future! You must get into the habit of setting aside a percentage of your money for YOU, and for what you want to create for yourself.
No joke, I had a conversation with a six-figure entrepreneur a few months ago who was really struggling with financial stability in her business.
And, she was always paying herself last, or not at all.
As a result of our conversation she decided to pay herself a percentage of her revenue, every Friday.
And her sales immediately started increasing! She is now having breakout months in her business. Because she put herself first.
She demands that the money be there every Friday to pay herself and guess what? It always is.
What decision do you need to make in your business to keep the money flowing?
P.S. Be sure to let me know in the comments your biggest takeaway! (I respond to every comment personally.)
P.P.S. Are you ready to Master Money Now? Go here to get started.