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The mindset work that builds wealth with Jaime Gordon

If you’re only talking about money in terms of spreadsheets and sales goals, you’re missing the deeper conversation—and this episode delivers it. Let’s be honest: most of us think that if we work hard enough or say the right affirmations, we’ll finally feel financially secure. But what if your biggest money block isn’t about your strategy—it’s about how you see yourself?

In this episode,Jaime Gordon joins us to talk about how to cultivate a money mindset and the deep work that’s required to turn your dreams into a reality. Jaime teaches us how to have grace and compassion with ourselves throughout the process.

This episode is part of our Money Talks series, brought to you by our Tax Filing Checklist to get you ready for tax season!

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Unravelling money blocks: Jaime’s story

Like many of us, Jaime grew up in a family that treated money like a bad thing. For a long time, she didn’t believe she could or should earn good money. Since 2018, she’s been on a journey to work through her money blocks, which she actually prefers to call misunderstandings. 

In that time, she’s built a coaching business and has doubled her income multiple times. Now she teaches other entrepreneurs how to work through their own money misunderstandings and figure out who they really are. Even though she’s now a coach, she still has layers of money blocks that continue to reveal themselves to her.

Examples of money misunderstandings include:

  • “If I’m skilled at my craft, I should be making lots of money.” It’s not always about your skills; sometimes, you need to work on your strategies. Separating how much money you make from your skills will make it feel less personal when you aren’t seeing the income you want. Instead of “I’m not good enough,” it’s “my approach isn’t good enough.”
  •  “If I make money, I’m good. If I don’t make money, I’m bad.” Decoupling your worthiness from money is key.
  • “If I make money, I’m bad.” This misunderstanding assigns morality to money when money is a neutral concept.

When you bump up a money misunderstanding, you need to be open to questioning it, exploring the root of it, and working through it. Too many people want to jump to changing their behavior in the hopes that that will solve all their problems. Doing the deep work of investigating your money blocks first will make the behavior change more impactful. 

Ask yourself:

  • What am I thinking and feeling about money?
  • Am I willing to question what I’m thinking?
  • Am I willing to look at new possibilities, even if it’s painful?

Common money misunderstandings that hold business owners back from building wealth

Two of the most common money misunderstandings entrepreneurs deal with are:

  • Comparing yourself to other business owners
  • Fear of actually getting what you want
  • There’s not enough success to go around

Comparison and competition put you in a place of lack, but you can flip the script. Instead of trying to stop the comparison from happening, ask yourself what it is that the other person has that you desire. Investigating your desires will put you in a place of abundance instead of lack.

Many business owners have big dreams but subconsciously fear success. They may think that accomplishing their income goals will lead to severe consequences, like sacrificing their relationships or destroying their health. 

However, this block is not actually about money as much as it’s about time. You don’t need to fear making money, you need to set boundaries around your time and priorities. 

Similar to comparison is the idea that if someone else experiences success, you can’t experience it. With this thinking, you feel like there’s not enough success to go around, so someone else’s accomplishments threaten your potential.

This misunderstanding will make you believe that your industry is too saturated or that the economy is at fault for you not reaching your goals. It also leads to loneliness, apathy, and numbing. 

You can flip this understanding by looking at others who have experienced the kind of success you want as proof that it’s possible. If she could do it, so can you.    

Create a neutral money mindset

One way to work through your money misunderstandings is to improve your money mindset. There’s a ton of money advice that tells you that you need to have an abundant money mindset. However, when you’re in the midst of financial hardship and feel like you’re getting knocked down over and over again, it’s hard to get to a place of abundance.

Instead of striving for an abundant mindset, simply try to get to a neutral mindset. A neutral money mindset is the first step to achieving an abundant mindset, and it’s a gentler and more attainable goal. 

When you bring yourself up to a neutral mindset, you expand your ability to see new possibilities. From there, the next mindset is a willing mindset. You’re willing to feel fear, regret, shame, hope, and other big emotions that are usually repressed.

Instead of asking yourself to go straight from a scarcity to an abundance mindset, it’s important to work through each one of these phases. The deep work can feel frustrating because you don’t see instant results, but it’s worth it for the long-term impact it has on your happiness and success.

Rapid fire questions

  1. What is your favorite money mantra or affirmation that helps you stay aligned with abundance? I make money while peeing.
  2. What’s one habit you’ve personally adopted that’s dramatically shifted your financial life? Focusing on who I want to be rather than the result.
  3. What’s the best piece of financial advice you’ve ever received? Set your intention and look at your results. And if there’s a difference between the two, you know your intention was not actually the result.
  4. What’s one money myth that you love to debunk for good? I need to work hard to make money, and money makes us more worthy or valuable. 

What does having an unbreakable business mean to you?

For Jaime, having an unbreakable business is about building self-trust. It’s having an unbreakable relationship with yourself because the business may come and go.

Important sections of the conversation

  • [2:36] Unravelling money blocks: Jaime’s story
  • [12:33] Common money misunderstandings that hold business owners back from building wealth
  • [21:48] The importance of gentler self-talk
  • [29:32] Create a neutral money mindset
  • [40:21] Adopting the behavior of a high-income earner
  • [46:11] Rapid fire questions
  • [57:33] What does having an unbreakable business mean to you? 

Resources mentioned

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