What is Money Mindset?
HAMMAD SIDDIQUI
I teach Digital Solopreneurship & LinkedIn Growth Strategies | Startup Advisor | Executive Director Canada Startup Association
The biggest fear is "losing a job".
2nd biggest fear is losing money.
My question:
When did you learn to use your Money Mindset?
For me, it started at the age of 45 - I lost 20 years of my prime period in my working career!
No one learns this at an early age. How unfortunate..
At The Money Mindset Academy, we spend 4 weeks with professional and help them build their money mindset.
Special Discount - for the next batch starting on February 8th.
Here is our story that triggered the whole program:
When the Unexpected Happens
The story begins with a sudden job loss. After years of dedication, a financial controller lost their job due to company restructuring. It was a shock. It wasn’t just about losing income; it was also about losing stability and routine. However, rather than giving in to despair, they took action.
Lesson 1: Involve Your Family
When facing financial uncertainty, involving your family is crucial. The first step this individual took was to be open about the situation. They disclosed their cash flow and savings to their family. Together, they made adjustments:
This transparency helped the family prepare mentally and practically for the challenges ahead.
Building a New Path
After processing the initial shock, they decided to take proactive steps. Here are the three key actions they took:
1. Reached Out to Friends and Colleagues
Instead of keeping their job loss a secret, they shared it with trusted friends and professional contacts. This openness led to unexpected support. A friend’s recommendation opened doors to freelance opportunities and part-time roles.
2. Focused on Personal Branding
They turned to LinkedIn, a platform they had previously underutilized. They started creating content, sharing insights, and engaging with others. This helped build a professional presence online.
3. Learned New Skills
Recognizing the need to adapt, they invested time in learning new skills. This included taking online courses and connecting with industry experts. These steps enhanced their expertise and positioned them for future opportunities.
The Power of Storytelling
One key skill they developed was storytelling. Sharing personal experiences made their content relatable and engaging. During public speaking engagements, they shared anecdotes, such as involving their spouse in financial decisions during tough times. These stories resonated with audiences and helped them connect on a deeper level.
Lesson 2: Master Storytelling
Stories can transform how people perceive you. They add a human touch to presentations and make complex ideas easier to understand. Whether on stage or in a LinkedIn post, a good story leaves a lasting impact.
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Networking and Collaboration
Building a strong network was another critical element of their journey. They reached out to industry leaders and attended events. Over time, this networking led to collaborations with content creators and professionals.
Lesson 3: Collaboration Over Competition
Content creation, they learned, is not a zero-sum game. Collaborating with others helped them grow their audience and learn new perspectives. Working together creates opportunities for mutual success.
Turning Knowledge into Value
Recognizing the value of their expertise, they started offering free coaching sessions. This gave them insights into the challenges others faced. It also helped them refine their approach and build credibility. Over time, these sessions evolved into paid coaching and digital courses.
Lesson 4: Share Your Knowledge
Helping others not only builds trust but also strengthens your personal brand. By turning knowledge into accessible content, you can create value for others while generating income.
Overcoming Fear of Public Speaking
Public speaking wasn’t easy at first. Standing in front of an audience was intimidating. But with practice, they became more confident. They learned to use storytelling as a tool to engage their audience. Eventually, speaking at events became an opportunity to build their brand and expand their reach.
Lesson 5: Practice Builds Confidence
The first few times might feel daunting, but practice makes a difference. Public speaking opens doors to new opportunities and helps establish you as a thought leader.
Adapting to a Digital World
The shift to digital platforms during the pandemic was a game-changer. They created digital courses and offered training online. This allowed them to reach a global audience and diversify their income streams.
Lesson 6: Embrace Digital Tools
The internet offers endless opportunities to connect with people and share your expertise. Whether it’s creating a course or hosting a webinar, digital platforms can amplify your impact.
Planning for the Future
One of the most significant takeaways from their journey was the importance of planning. Losing a job is hard, but having a backup plan can make the transition smoother. They focused on creating sustainable income streams and building a personal brand that could withstand future challenges.
Lesson 7: Always Have a Plan B
Career stability is never guaranteed. Preparing for the unexpected ensures you’re ready to adapt when needed.
Final Thoughts
Resilience, adaptability, and community are the cornerstones of navigating career challenges. By sharing knowledge, building a network, and embracing new opportunities, this individual turned setbacks into growth. Their journey is a reminder that even the toughest situations can lead to incredible outcomes if approached with the right mindset.
What steps will you take to future-proof your career?
Money Mindset helps us make more, save better, invest wisely and start our solopreneurship journey.
I teach Digital Solopreneurship & LinkedIn Growth Strategies | Startup Advisor | Executive Director Canada Startup Association
1 个月Next Batch Money Mindset Masterclass - Starting on 8 Feb. Now is the time to enroll: https://www.fbptoday.com/courses/Money-Mindset-Masterclass-675878038d1a9029732b1223
Strategic Leader - Culture, HR, and Processes | Certified Executive & Leadership Development Coach | Founder - Naburva Business Solutions Inc.
1 个月Indeed - this is the need for everyone!
Sales Growth | Real Estate | Investor | Advisor I M&A
1 个月Turning knowledge into value - That is a powerful message! HAMMAD SIDDIQUI
DGM|Project Administration| Project Monitoring & Control|Business Development
1 个月An inspiring story with an excellent step-by-step guideline! I’m motivated to adopt this money mindset to work towards the ultimate goal of achieving financial freedom through sustainable income streams.
Founder @FBPToday | @MoneyMindsetAcademy | Finance Business Partner | Member of FP&A Advisory Council of AFP | Career Coach | Speaker
1 个月Money mindset open several doors of opportunities that we explore in our masterclass.