We can pretty much all say we’d like to have more money in our wallets, more freedom in our hands, more vacations, more time with family, more of doing work we love – but what gives when we work our booties off for little return?
Well, it may not be the work you’re doing but the beliefs you hold as the culprit.
I’m excited to share with you my interview with the amazingly talented Master Coach and Mentor Sherold Barr.
Sherold is playing a major role in helping create a world where “women experience financial freedom and ease in their life and business.”
She’s the founder of Smart Women Make Money, a program that helps women transform their relationship with money so that they can manifest more money to support the life they want to live.
And guess what??
Sherold is hosting a FREE Money Teleclass this Friday to help you remove your money blocks.
There is one today at 11:30 am EST if you can make it, but if not, she’s holding an encore class on Friday – so make sure to sign up! If you miss it live, no worries, she’ll send you the recording.
Without further ado – here’s the video of our interview! I had a lot of fun with this one. But warning, some of the video is a little “off” timing wise, so if you’d rather read a general summary below than be my guest.
ALEXIS: Can you share with the Crazy Wild Love community a little bit more about yourself and Smart Women Make Money?
SHEROLD: I am a Coach, I’m a mentor to women entrepreneurs, and I help women to transform their relationship with money and build profitable businesses so they can support the life they want to live. I really do it from designing the business to support the life.
And my mission is to help women not give their power away to money and understand the value they’re giving and separate their worth from what they’re doing. To ask for what they deserve and to empower them with money to make unlimited amounts in their own business.
ALEXIS: With women I see we’re so disempowered around money and so scared to raise our voices to ask for what we want. Can you tell us a little more about why this work and creating financial freedom is so important?
SHEROLD: I’m in my 2nd business (Koa barks in the background)…we love our dogs, because one of the freedoms is we can work from home and be home when our kids are home. The fact that I can wear jeans, work in my pajamas in the morning, the freedom I had was amazing. My first business was a PR mid-six figure business. Making that money was such freedom and being able to be home with my son gave me the ultimate freedom.
I never knew or thought I could have a business, and then to make that kind of money! It was so much more than anyone in my family ever made and it was incredible. I know what that feels like and it’s here for all of us.
My second business I went through coach training after my younger brother was killed. I felt summoned. Feel my mission is to show women how to run a business and how to separate their worth from money. In Smart Women Make Money we focus on the limiting beliefs we have about ourselves – then the sky is the limit!
ALEXIS: I love that you focus so much around freedom! With starting your own business so many women come to me saying “Hey, I want to do what you do, it seems so freeing because you work from home” and what people don’t realize is so often they start working from home, working longer hours than they expected and sometimes not making money for years, and that’s not freedom either. So how can we elevate our lives and our business so that they’re truly reflecting what we want? I know in Smart Women Make Money you talk a lot about the beliefs and stories we bring with us from childhood.
Can you tell us more about the beliefs we take on from childhood?
SHEROLD: This is one of the biggest money blocks that we all have. Our beliefs drive our behaviors. One of the most important things you can do to improve your financial situation is to understand your money story.
It’s important to identify your existing relationship with money—what you say about money, how you feel about it, what you believe about it, and how you use it.
We all think that circumstances cause us to think a certain way. “The economy is bad,” we say. Or maybe we think that a person or particular situation is the problem.
Your thoughts create your reality.
One of our last true freedoms in life is the ability to choose how we think about a circumstance. You have the power to decide how you think about any situation in your life.
Your thoughts about a situation drive your feelings/emotions that in turn drive your behaviors and actions in the world, which lead to the results you have right now in your life.
It’s so important to understand your feelings about money because your past experiences, feelings, thoughts and beliefs will drive your behavior – consciously and unconsciously.
One of the first things to do is become conscious of your money story and begin to study your mode of operation (MO).
I encourage people to start with their family money legacy.
Your money beliefs are the “root cause” of your money issues. Families have sayings and their own stories about money. These sayings or beliefs are passed down from generation to generation and never questioned.
I ask people, “What is the family legacy you grew up with regarding money?” I ask them to look at their family’s social status and beliefs around money.
My grandparents lived through the Depression and my mother was born during the Depression. Her experience around money is very different from mine. I grew up hearing that money doesn’t grow on trees. My father used to say that you had to work “hard” in order to be successful. That belief is hardwired into my subconscious, and I constantly have to be aware of whether I am “working hard” – long hours, working through lunch, not exercising, and not taking enough time off.
I ask people to begin to study the patterns, beliefs, or behaviors they witnessed growing up that shaped their money legacy. If you can become conscious of these beliefs, then you can understand how your money behaviors might be similar to your parents.
ALEXIS: Do you have any quick tips for us?
SHEROLD: Yes! The second thing that I see what saddens me, is that women are afraid to look at the numbers. Or we give it to the partner. Look at your numbers! Work with your partner or husband to shift that and become conscious of where all of your documents are, what the numbers are, having a budget and savings.
We humans go to pleasure instead of pain. But what we don’t know is that we avoid looking, it’s going to persist and get bigger. You’ll be more anxious and will create more negative emotions. And that’s truly the biggest mistake!
In Smart Women Make Money we are tracking money, money that’s coming in and passing budget forms around. It’s not the sexiest thing to do, but you really need to know what you’ve got coming in and out.
What you put attention on…grows.
ALEXIS: Can you tell everyone a little more how they can get involved and get the details on this free teleclass?
SHEROLD: We’re starting a new class in Smart Women Make Money on July 28th. But every few months I like to hold calls where I just give value away. So on this call we are going to be looking at our current money story and how to shift that into a better money story. One that’s going to help us transform and get unstuck. If you miss the call there will be a recording so make sure to sign up!
The class really does change your money life. I’ve witnessed so many people in this class make huge changes.
So there you have it! It will be awesome, I promise.
To your success and accepting no less,