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Episode 22 - Money Mindset: Preparing for Your First Million-Dollar Year - Minority Business Entrepreneur Magazine (MBE)
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height: 20px;' align='center'></div> <div class=""> <div class="mx-auto w-full max-w-container"> <p class="mb-3 block text-center text-[11px] font-light uppercase tracking-[2px] text-zinc-400"> Advertisement </p> </div> <!-- /22685175220/PortAuthority_Dec2023_Campaign_300x250_HomePage_Mobile --> <div id='div-gpt-ad-1708967045041-0' style='min-width: 250px; min-height: 250px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1708967045041-0'); }); </script> </div> <div class=""> <div class="mx-auto w-full max-w-container"> <div class="flex flex-col items-center justify-center"> <!-- /22685175220/MBE_TopBanner_AdUnit_ROS_AllDevices --> <div id='div-gpt-ad-1708968902855-0' style='min-width: 250px; min-height: 50px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1708968902855-0'); }); </script> </div> </div> </div> </div> <div style='width: 200px; height: 20px;' align='center'></div><div class="px-4 lg:px-11"> <div class="mx-auto my-16 max-w-container lg:my-32"> <div class="mx-auto w-full xl:w-11/12"> <div class="prose prose-lg max-w-none"> <div class="grid grid-cols-1 items-start gap-8 lg:grid-cols-12"> <div class="col-span-full lg:col-span-7 xl:col-span-8"> <header class="entry-header text-left"> <h2 class="text-title-lg lg:text-title-xl xl:text-title-3xl mb-4 text-secondary">Episode 22 – Money Mindset: Preparing for Your First Million-Dollar Year</h2> <div class="flex items-center justify-start gap-1"> <span class="text-label-md leading-none"> MBE Magazine Staff </span> <time datetime="2024-05-08" class="text-body-md leading-none"> on May 8, 2024 </time> </div> <div class="m-0 flex items-start"> <div class="my-5 flex items-center justify-center lg:my-8"> <nav class="flex gap-5"> <a class="flex items-center justify-center w-14 h-14 transition-all duration-300 ease-in-out rounded-full hover:text-white hover:bg-secondary hover:border-seconday bg-white no-underline cursor-pointer text-primary" href="https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fmbemag.com%2Fpodcasts%2Fepisode-22-money-mindset-preparing-for-your-first-million-dollar-year%2F&title=Episode+22+%26%238211%3B+Money+Mindset%3A+Preparing+for+Your+First+Million-Dollar+Year&picture=" target="_blank"> <i class="flex items-center justify-center"><iconify-icon icon="mdi:facebook"></iconify-icon></i> </a> <a class="flex items-center justify-center w-14 h-14 transition-all duration-300 ease-in-out rounded-full hover:text-white hover:bg-secondary hover:border-seconday bg-white no-underline cursor-pointer text-primary" href="https://twitter.com/intent/tweet?text=Episode 22 – Money Mindset: Preparing for Your First Million-Dollar Year&url=https://mbemag.com/podcasts/episode-22-money-mindset-preparing-for-your-first-million-dollar-year/" target="_blank"> <i class="flex items-center justify-center"><iconify-icon icon="mdi:twitter"></iconify-icon></i> </a> <a class="flex items-center justify-center w-14 h-14 transition-all duration-300 ease-in-out rounded-full hover:text-white hover:bg-secondary hover:border-seconday bg-white no-underline cursor-pointer text-primary" href="https://www.linkedin.com/shareArticle?title=Episode 22 – Money Mindset: Preparing for Your First Million-Dollar Year&url=https://mbemag.com/podcasts/episode-22-money-mindset-preparing-for-your-first-million-dollar-year/" target="_blank"> <i class="flex items-center justify-center"><iconify-icon icon="mdi:linkedin"></iconify-icon></i> </a> <a class="flex items-center justify-center w-14 h-14 transition-all duration-300 ease-in-out rounded-full hover:text-white hover:bg-secondary hover:border-seconday bg-white no-underline cursor-pointer text-primary" href="mailto:?subject=Check%20out%20this%20link&body=https%3A%2F%2Fmbemag.com%2Fpodcasts%2Fepisode-22-money-mindset-preparing-for-your-first-million-dollar-year%2F" target="_blank"> <i class="flex items-center justify-center"><iconify-icon icon="mdi:share"></iconify-icon></i> </a> <a class="flex items-center justify-center w-14 h-14 transition-all duration-300 ease-in-out rounded-full hover:text-white hover:bg-secondary hover:border-seconday bg-white no-underline cursor-pointer text-primary copy-link" href="#" data-tooltip="Copy link" onclick="copyToClipboard('https://mbemag.com/podcasts/episode-22-money-mindset-preparing-for-your-first-million-dollar-year/'); return false;"> <i class="flex items-center justify-center"><iconify-icon icon="mdi:email-arrow-right"></iconify-icon></i> </a> </nav> <script> function copyToClipboard(text) { const textarea = document.createElement('textarea'); textarea.value = text; document.body.appendChild(textarea); textarea.select(); document.execCommand('copy'); document.body.removeChild(textarea); const copyLink = document.querySelector('.copy-link'); copyLink.setAttribute('data-tooltip', 'Copied!'); setTimeout(function() { copyLink.setAttribute('data-tooltip', 'Copy link'); }, 2000); } </script> </div> </div> </header> <div class="entry-content"> <figure class="mb-0 mt-4"> </figure> <p>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.</p> <figure class="wp-block-embed is-type-rich is-provider-spotify wp-block-embed-spotify wp-embed-aspect-21-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper"> <iframe title="Spotify Embed: Ep. 22: Money Mindset: Preparing for Your First Million-Dollar Year" style="border-radius: 12px" width="100%" height="152" frameborder="0" allowfullscreen allow="autoplay; clipboard-write; encrypted-media; fullscreen; picture-in-picture" loading="lazy" src="https://open.spotify.com/embed/episode/2ASESYkXfQJSYdUH4i6Ocg?si=CrRkRanfQciN4e5sod5hMQ&utm_source=oembed"></iframe> </div></figure> <h2 class="wp-block-heading">SHOW NOTES</h2> <h3 class="wp-block-heading">Summary</h3> <p>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.</p> <h3 class="wp-block-heading">Takeaways</h3> <ul class="wp-block-list"> <li>Understand and overcome misconceptions about achieving a million dollar year</li> <li>Identify and make connections with past experiences that may be impacting financial growth</li> <li>Use meditation to understand thoughts and beliefs</li> <li>Build a team of advisors for long-term success</li> </ul> <h3 class="wp-block-heading">Chapters</h3> <p>00:00 Introduction</p> <p>00:48 Misconceptions about achieving a million dollar year</p> <p>05:23 Identifying and making connections with past experiences</p> <p>07:15 Using meditation to understand thoughts and beliefs</p> <p>08:05 Money beliefs that hinder reaching the million dollar milestone</p> <p>10:06 The importance of aligning personal beliefs and values with financial success</p> <p>11:38 Overcoming imposter syndrome and fear of failure</p> <p>13:45 The role of resilience in achieving a million dollar year</p> <p>15:17 Practical steps and exercises for shifting mindset</p> <p>22:18 The importance of meditation in understanding thoughts and beliefs</p> <p>25:16 Maintaining mindset and skills after achieving a million dollar year</p> <p>29:23 Building a team of advisors for long-term success</p> <p>30:25 Conclusion</p> </div> </div> <div class="not-prose sticky top-10 col-span-full flex flex-col gap-5 rounded-lg bg-white p-4 md:p-8 lg:col-span-5 xl:col-span-4"> <div class="mx-auto w-full max-w-container"> <p class="mb-3 block text-center text-[11px] font-light uppercase tracking-[2px] text-zinc-400"> Advertisement </p> <div class="flex flex-col items-center justify-center"> <script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-6656849204440006" crossorigin="anonymous"></script> <!-- MBE SideBar_01_300x250 --> <ins class="adsbygoogle" style="display:inline-block;width:300px;height:250px" data-ad-client="ca-pub-6656849204440006" data-ad-slot="5693118689"></ins> <script> (adsbygoogle = window.adsbygoogle || []).push({}); </script> </div><div style='width: ; height: 40px;' align='center'></div> <div class="mx-auto w-full max-w-container"> <!-- /22685175220/MBE_ROS_Sidebar_AllDevices --> <p class="mb-3 block text-center text-[11px] font-light uppercase tracking-[2px] text-zinc-400"> Advertisement </p> <div id='div-gpt-ad-1708954252397-0' style='min-width: 250px; min-height: 250px;' align='center'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1708954252397-0'); }); </script> </div> <!-- Ends/22685175220/MBE_ROS_Sidebar_AllDevices --> <p class="mb-3 block text-center text-[11px] font-light uppercase tracking-[2px] text-zinc-400"> Advertisement </p> <div class="flex flex-col items-center justify-center"> <script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-6656849204440006" crossorigin="anonymous"></script> <!-- MBE_Mag_Half_Page_Banner_01 --> <ins class="adsbygoogle" style="display:inline-block;width:300px;height:600px" data-ad-client="ca-pub-6656849204440006" data-ad-slot="6407476734"></ins> <script> (adsbygoogle = window.adsbygoogle || []).push({}); </script> </div><div style='width: 200px; height: 20px;' align='center'></div> <h2 class="!mt-0 text-title-sm"> Latest Stories... </h2></div><div style='width: ; height: 20px;' align='center'></div> <div class="post-50948 articles type-articles status-publish has-post-thumbnail hentry"> <div class="flex items-center gap-3 group"> <div class="w-28 h-28 shrink-0"> <a href="https://mbemag.com/articles/the-current-economy-and-your-business-profitability/"><img width="640" height="427" src="https://mbemag.com/wp-content/uploads/DIGITAL_112124_CURRY-1024x683.png" class="object-cover w-80 lg:w-96 h-28 wp-post-image" alt="" decoding="async" srcset="https://mbemag.com/wp-content/uploads/DIGITAL_112124_CURRY-1024x683.png 1024w, https://mbemag.com/wp-content/uploads/DIGITAL_112124_CURRY-300x200.png 300w, https://mbemag.com/wp-content/uploads/DIGITAL_112124_CURRY-768x512.png 768w, https://mbemag.com/wp-content/uploads/DIGITAL_112124_CURRY.png 1050w" sizes="(max-width: 640px) 100vw, 640px" /></a> </div> <div class=""> <h3 class="text-label-lg line-clamp-2 mb-1 leading-6 text-secondary transition-all ease-in-out duration-500 group-hover:text-primary"><a href="https://mbemag.com/articles/the-current-economy-and-your-business-profitability/" class="">The Current Economy and Your Business Profitability</a></h3> <div class="flex gap-2 text-body-xs leading-none"> <p class="font-light leading-5">Sidney T. 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