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Episode 22 – Money Mindset: Preparing for Your First Million-Dollar Year

MBE Magazine Staff

In this episode, Allison Tate and Emily Shull discuss mentally preparing for your first million dollars. They explore common misconceptions about achieving a million-dollar year and how to shift mindset to overcome these misconceptions. Emily emphasizes the importance of understanding personal money beliefs and how they can hinder success. She provides strategies for identifying and making connections with past experiences that may be impacting financial growth. Emily also highlights the role of meditation in understanding thoughts and beliefs. The conversation concludes with a discussion on building a team of advisors for long-term success.

SHOW NOTES

Summary

In this episode, Allison Tate and Emily Shull discuss mentally preparing for your first million dollars. They explore common misconceptions about achieving a million-dollar year and how to shift mindset to overcome these misconceptions. Emily emphasizes the importance of understanding personal money beliefs and how they can hinder success. She provides strategies for identifying and making connections with past experiences that may be impacting financial growth. Emily also highlights the role of meditation in understanding thoughts and beliefs. The conversation concludes with a discussion on building a team of advisors for long-term success.

Takeaways

  • Understand and overcome misconceptions about achieving a million dollar year
  • Identify and make connections with past experiences that may be impacting financial growth
  • Use meditation to understand thoughts and beliefs
  • Build a team of advisors for long-term success

Chapters

00:00 Introduction

00:48 Misconceptions about achieving a million dollar year

05:23 Identifying and making connections with past experiences

07:15 Using meditation to understand thoughts and beliefs

08:05 Money beliefs that hinder reaching the million dollar milestone

10:06 The importance of aligning personal beliefs and values with financial success

11:38 Overcoming imposter syndrome and fear of failure

13:45 The role of resilience in achieving a million dollar year

15:17 Practical steps and exercises for shifting mindset

22:18 The importance of meditation in understanding thoughts and beliefs

25:16 Maintaining mindset and skills after achieving a million dollar year

29:23 Building a team of advisors for long-term success

30:25 Conclusion

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