The Many Mindset Traps of an Entrepreneur- A familiar story

Imagine this….you want to grow your business, so you start working on the things that you think are ‘broken’ or need a few tweaks. You get a new website, hire a professional copywriter, a branding coach, a marketing guru, join a mastermind program, and get mentored by some of coaching’s finest. And all you end up with is $30,000 of debt! That time, energy and money haven’t generated the results you wanted.

That was the story of someone I was speaking to recently. She was frustrated because she had done everything “they” say to make a business successful. But she knew what went wrong when she said this:

“I spent all this money trying to build my business, but what I failed to work on was my mindset.”

Dang. $30,000 that was sort of wasted because SHE wasn’t able to be right as a business owner. While she had her new website and fancy branding, she still reverted to her old patterns of hiding out and under-charging. She couldn’t do the visibility strategies her coach recommended because of the little gremlins in her head telling her that no one would probably buy anyway, so why bother.

You may see yourself in her story. This is not meant to come from shame or blame, but only to let you know that if you haven’t achieved the level of success you know you should IN SPITE of providing great service and working your butt off…..keep reading!

In the next few posts, I’ll discuss the 5 Entrepreneurial Mindset Traps that you must shift in order to really have a business that makes you happy….(and profitable!) In the next few weeks, we’ll also cover the solutions.

Blessings,
Therese

6 Comments

  1. Eydie Says:

    I wonder how many women entrepreneurs feel the same way? I know I do. I think I’m doing things right, but it’s my mindset which keeps me from moving forward.

    Looking forward to the next mindset articles.

    Eydie :)

  2. Karrie Kohlhaas Says:

    Therese, so true that you can get all the right information but still not have the right mindset. How lucky your clients are to get your insightful coaching and kick in the pants. I know that even a couple of conversations with you have helped me immensely. Can’t wait to read your upcoming posts on the 5 traps. I want to know what they are so I am not caught!

  3. Therese Skelly Says:

    Yes Karrie, you are so right about the mindset stuff. And I love giving people that proverbial kick in the pants! I’ll get my next newsletter out in a few days!

  4. Therese Skelly Says:

    Hey Eydie, I know a really great coach if you want one….wink, wink! :)

  5. Five Strategies to Help you Break Free of What is Standing Between You and Your Success – A Bit of Context Says:

    [...] of an Entrepreneur. You can click on the following links to refresh your memory of those posts:  Part 1, Part 2, Part 3.  That will give you an overview of what they look like and what the cost [...]

  6. The Many Mindset Traps of an Entrepreneur- The Final 3 Says:

    [...] mindset on 07/02/2010 07:00 am by Therese Skelly I’ve been sharing with you some common Mindset Traps that keep entrepreneurs from having a business that makes them happy and profitable.  Trap #1 was [...]

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