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Mindset The secret to shifting your finances from fine to fantastic

Mindset The secret to shifting your finances from fine to fantastic

by | Jun 22, 2022 | My Life

Mindset The secret to shifting your finances from fine to fantastic

We all wish for wealth. We want to be able to pay off a home without feeling the financial pressure, we wish to be able to live the life that will fulfill us and those we care for and the world around us. We want to be able to splurge occasionally without feeling guilt. We want to stop living in scarcity mode! But… If you are honest with yourself, you have probably caught yourself thinking about having so much more. You don’t dare to dream it for risk of being avaricious, but it pops into your mind from time to time. There is a stigma around wealth and how people perceive it. I am challenging you today to shift that mindset if you have it.  It does not serve you.  There is NOTHING WRONG with dreaming big, in fact, I believe it is critical for success.

How much would you like to earn to live abundantly?
What would the experience be, how would you live, what impacts would you make, what legacy would you leave .. so many questions.

Shifting your Money mindset
Your money mindset is how you approach and make decisions about your finances. Your overall mindset towards money can have a big impact of your success so the first thing we need to do is address is any stigma you have around money. What is your earliest memory of money? Was it positive? The answer is almost always no, whether it be overhearing your parents worry about the bills, being deprived of something you really wanted because of money such as a school camp, a trip to the movies, or a toy that everyone else seemed to have, or overhearing trusted adults speak negatively about other people’s wealth. What we heard influences us.  How many heard “money does not grow on trees you know”? While it is very healthy to be exposed to the concept of money and budgeting from an early age, it may also put you in scarcity mode, it may stop you from putting yourself out there for fear of how others may perceive your success.

A big part of this journey is to be comfortable in yourself and remember that ‘those that mind don’t matter, and those that matter don’t mind.’

Surround yourself with people that will celebrate your success and be proud of you.

Take a moment to consider these questions.

  1. What is the worst thing that could happen if you succeeded in earning all the wealth you could imagine?
  2. What is the worst thing someone would say about you? Does that person really matter?
  3. What is the best thing that could happen with your abundance of wealth? How could you use that wealth for good?
  4. What are the best things that people would say about you?

Do your answers to 3 & 4 outweigh the answers to 1 & 2? If so, congratulations, you are on track to shifting your mindset. I often say in my bloggs… the experience you imagine when realising your goals needs to outweigh your fears.  If your fears outweigh the experience of the gaol you will fail to achieve what it is you dream for.   Either up the anti on the experience of the goal, or decrease your fear – balance the scales in your favour. 

Creating a positive relationship with money

  • Be positive, and use positive language (and believe it)
  • Be thankful when money comes to you, in your wage, in a gift, if you find 2$, be thank ful and say it out loud, say it to yourself, believe it
  • Don’t focus on your problems, focus on your solutions (focus on the things you can control)
  • Break bad habits by keeping your goals in mind (e.g. go from spending less on take away food to have more money for bills, to spending less of take away to have more savings to purchase something that will help you achieve your goals).
  • Know where you are right now in your financial situation, be real about your starting point
  • Think of 6 month, 12 month and 5 year financial goals
  • Write your goals down and keep them where you can see them everyday
  • dont be afraid to ask for help if needed, but I find that 90% of people have it within them to make this shift, others do not alter your mindset, you do

It is okay to dream, it is okay to set your aspirations high, it is okay to want more. Greed is the root of all evil, but money is not!

 

Ferne Eliz King

Love Life Love YOUR Life

About Ferne

Ferne is globally recognised and called upon for quickly accelerating complex change to achieve business strategies.  Translating strategies to actionable plans, prioritisation of those actions, engagement from the right people, bringing business architecture to life or your life plan if individual and in many cases driving the change as a program director.  The bottom line is Ferne accelerates businesses or individuals to achieve outcomes and enabling that is her passion.

What's the consequence if you take no action?

“If you do the same thing today as yesterday, your tomorrow will be the same as today”.  Ferne Eliz King

Book a Call

Want To Learn More?

Book a free 15 min call and see how Ferne can help you accelerate your aspirations for you or your business.

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How many people are you helping this month?

How many people are you helping this month?

by | Jun 22, 2022 | My Life, My Work

Selling My Services!

What would happen if we begin to measure success by the number of people that we have helped instead of a dollar amount? I know money is important and ‘good feelings’ don’t pay the bills. But I have recently explored this concept and while it may not be for everyone, I thought I would share what I have discovered.

I have always loved what I do and I get a massive kick out of people doing something different tomorrow because of their engagement with me today.  I am finding myself more motivated than when my focus was meeting financial targets.

To state the obvious, by helping X number of clients, I am still going to be generating X amount of revenue, but this mindset shift has helped me with my Achilles’ heel, the one area of my job I have never felt comfortable: Selling My Service!

I know I am not alone. No matter the passion, or how amazing you are at what you do, the reality is: Selling makes a lot of people uncomfortable.

Entrepreneur and self-made millionaire, Dean Graziosi explains the secret to selling is to “change what selling means to you. Start thinking “I’m happy to sell them this because I know it can make a positive impact on their life” …I love what I do and the service that I offer. I know I’m making a difference for people, so much that I feel I’m doing a disservice if I don’t get them to take action.”

Let’s refresh the way we look at generating the revenue we need to live.

How will your product or service help your client? What would be the consequence to your client if they did NOT purchase your product or service? Keep reminding yourself of that consequence, you are HELPING your clients improve their quality of life. Your business goal is to offer an amazing product or service that will be of value to your clients.

So instead of thinking and experiencing “doing what you love and watching the money follow”, amend this to “do what you love and see the difference you make to peoples lives” – and be proud of that services and valued for the payment you receive for it.

How many clients do you want to help this month, what is the value of that service to them, be proud!

Ferne Eliz King

Love Life  Love YOUR Life

About Ferne

Ferne is globally recognised and called upon for quickly accelerating complex change to achieve business strategies.  Translating strategies to actionable plans, prioritisation of those actions, engagement from the right people, bringing business architecture to life or your life plan if individual and in many cases driving the change as a program director.  The bottom line is Ferne accelerates businesses or individuals to achieve outcomes and enabling that is her passion.

What's the consequence if you take no action?

“If you do the same thing today as yesterday, your tomorrow will be the same as today”.  Ferne Eliz King

Book a Call

Want To Learn More?

Book a free 15 min call and see how Ferne can help you accelerate your aspirations for you or your business.

Book a Call
Setting Achievable Goals in Business

Setting Achievable Goals in Business

by | Jun 22, 2022 | My Work

Setting Achievable Goals in Business

“People with goals succeed because they know where they are going…” – Earl Nightingale

There is an art to setting business goals. When a business fails to achieve a goal, fault is often put on the actions taken along the journey, when in fact the goal itself is frequently problematic. The goal you set is just as important as the actions you take to succeed… So take the time to carefully establish your goals before you begin to chase your dreams!

Before you set a Goal

Articulate the vision and the purpose.

Be very clear in one short paragraph or less of the vision and the purpose of the goal.  Describe the experience you and those affected, impacted, by the goal will experience.  What will be different for you and them when that goal is realised. 

Complete a SWOT analysis.

“Strengths, Weaknesses, Opportunities and Threats.” Don’t skip this step! It will get you thinking about your challenges and how to best overcome them. 

Know your Industry.

What direction do you believe your industry is headed? What will the future look like in 2, 5 or 10 years? Make educated predictions about your industry and use this insight establish goals that will move you in the right direction.  What issues have occurred historically?  What has been solved for and succeeded and failed, use these insights to help form your opinions. 

Know your Competitors.

It is vital to understand your competitors. Use them as a benchmark to strengthen your point of difference and set goals to exceed and lead in your industry. What are their strengths, their weaknesses. 

What is your point of difference?

What makes you different, what do you do in your business that is different?  What is it that gives you a point of difference? 

What is your values you will live by and expect others to also do?

What are your values and what are the non negotiables.  The tighter you have this, the stronger your point of difference will become.  Hire to it, partner to it, collaborate to it, align customers via it.  Do not let this be your achilleas heal. 

Setting your Goals 

Objectives:

It needs to be clear with each goal, exactly what is the objective of EACH goal.  The goals you set should by challenging but realistic. Your team will not support and will not be motivated to work towards a goal that is too far out of reach. The goals you set should be achievable within 3 years and you must have the resources needed to succeed.

Measurable – Key Results:

How will you know when you have succeeded? Use figures to make your goals measurable. What percentage do you want to increase sales by? Without this detail a growth of 0.2% and 20% will both be considered an achievement. How will you know you have achieved the goal? 

Relevance and Priority:

Keep a visual reminder of your vision or mission to ensure the goals you set align with your corporation’s values and objectives.  Demonstrate the link between this goal and objective to the priorities of the vision and purpose of your business unit and anything that is bigger or broader than your division.  Connect the dots. Prioritisation is a critical element to gain stakeholder support.  

Timely:

What is the timeframe for this goal? When will you need to achieve this by?  What needs to come before it for success, what needs to come after it for continual improvement? 

Actions & Translate those action to Receiving and Embedding Change Safely and Sustainably .. the thing that will be different:

Actionable steps need to be planned to bridge the gap between now and success with ‘checkpoints’ along the way. If you want to gain more clients, by what percent? By when? What action will be taken? Setting goals is not a task that should be rushed, those involved in the goal setting process must be given ample time to reflect and respond.  Often the receiving and embedding doing the ‘thing’ that will be different is overlooked.  We all need to become masters of change in our current environments.  Dont fail in the last 10% when the receiving and embedding the change is the thing that will determine 100% of the success.

 

Ferne Eliz King

Love Life  Love YOUR Life

About Ferne

Ferne is globally recognised and called upon for quickly accelerating complex change to achieve business strategies.  Translating strategies to actionable plans, prioritisation of those actions, engagement from the right people, bringing business architecture to life or your life plan if individual and in many cases driving the change as a program director.  The bottom line is Ferne accelerates businesses or individuals to achieve outcomes and enabling that is her passion.

What's the consequence if you take no action?

“If you do the same thing today as yesterday, your tomorrow will be the same as today”.  Ferne Eliz King

Book a Call

Want To Learn More?

Book a free 15 min call and see how Ferne can help you accelerate your aspirations for you or your business.

Book a Call
Succeeding in your Business Goals

Succeeding in your Business Goals

by | Jun 22, 2022 | My Work

Succeeding in your Business Goals

The most effective way to progress in business is to set goals. There are many circumstances behind a goal that is never achieved, and often the reason is centred around ineffective planning and a loss of motivation. The road to success is not always a smooth one, but there are a range of methods and strategies to stay on track and to keep motivated when things get difficult.

Remember Your “Why” & What Values Drive You

What is the outcome from achieving this goal? Always remember your why, write it down and display it where you can be frequently reminded, especially when you hit bumps along the road.  Also describe your values, what are the guard rails you will apply to get to your why.   Be acutely aware of your values, this will determine the pace and journey you take to get to your goal. 

Spread the Word

Publicly communicate the goal to ensure you have people to hold you accountable. Accountability is one of the more effective motivators. Set up a digital calendar where those involved in the project can track its progress, know their role and deadlines and access resources.

Use the Stairs

Use a staircase to map out the chronological actions that must be taken to bridge the gap between your now and success.  Break down your goal and determine small, measurable subgoals and celebrate each achievement. As an example, if your goal is to increase revenue by 10% in 12 months, the first step could be redeveloping a revised marketing campaign and launch it within 8 weeks.

What swimlane are you in, what swimlane are others in

When several individuals or teams are involved in working towards a goal, it is important that each of them are clear of their role, their swimlane! Regular briefings are necessary, particularly on large scale projects to reflect on what is and isn’t working, alter the path when necessary and track progress.

Identify the Resources Needed

When the goal is set, the journey to success is mapped out be very clear on the skills required to bring the outcome to life, identify gaps and deal to them early.  Align team with similar or same values. 

Stick to your Deadlines.

Create a realistic timeline, and stick to it.  Be very clear what priorities come before this activity if there are constraints, be clear on where this activity sits within your overall priorities.

Celebrate the successes, and learnings as well.

Reward yourself and your team each time a target is met within the deadline and also when there has been a significant learning. 

Reflect and Revise Along the way.

It is rare to have a completely seamless journey to success in anything we do, being agile, creating a great team dynamic to reflect, revise, regularly, make it part of your weekly ways of working.  Recognise when something isn’t working and needs to be changed – not take weeks or days, address when the issue is identified.

Listen to those around you, even those you dont align to

Listening is a core skill for success, good, bad, indifferent.  Listen to between the lines, listen to the detractors, listen to the advocates.  Form your own opinion after listening. 

Imagine the feeling, the experiences you and others will have when the goal or outcome is realised.  Is the excitement of the goal larger than any fear you have to achieve it?  

If you have a fear that is greater than the feeling of excitement to realise the goal – address that fear now or you will never realise your goal. 

Love Life  Love YOUR Life

Ferne Eliz King

About Ferne

Ferne is globally recognised and called upon for quickly accelerating complex change to achieve business strategies.  Translating strategies to actionable plans, prioritisation of those actions, engagement from the right people, bringing business architecture to life or your life plan if individual and in many cases driving the change as a program director.  The bottom line is Ferne accelerates businesses or individuals to achieve outcomes and enabling that is her passion.

What's the consequence if you take no action?

“If you do the same thing today as yesterday, your tomorrow will be the same as today”.  Ferne Eliz King

Book a Call

Want To Learn More?

Book a free 15 min call and see how Ferne can help you accelerate your aspirations for you or your business.

Book a Call
The connection between Emotional Intelligence and Success

The connection between Emotional Intelligence and Success

by | Jun 11, 2022 | My Life, My Work

The connection between Emotional Intelligence and Success.

Did you know…

  • 90% of the top performers in business have a high emotional intelligence?
  • In 70% of cases, people with average IQ’s outperform those with a higher IQ? (This is linked to the individuals emotional intelligence)
  • People with high emotional intelligence earn an average of 29k more each year
    (Source: Inc)

Your emotional intelligence is an element of your emotional strength. Your emotional intelligence involves how approachable, observant, and empathetic you are, how well you listen, the way you handle interpersonal problems or failures, and the way you lead or work in a team. Your emotional strength goes beyond that to daily behaviours and habits to continuously improve your quality of life. While your overall emotional strength is important for a healthy work ethic you need strong emotional intelligence to succeed. The great news is unlike your IQ, your emotional intelligence is like a muscle and by doing the right exercise, you can improve yours.

Exercises to Improve your emotional intelligence

Before we begin, understand that increasing your emotional intelligence involves hard work and dedication. It is hard work, but it is worthwhile.

Small beginnings

Rome wasn’t built in a day. Don’t try to change too much too fast. Focus on one or two of the below areas to begin with and as they become natural to you, move on to other areas.

  • Tomorrow is a new day. It might be a cliché but reflecting on your performance each day is one of the most effective ways to improve your emotional intelligence. Recognise what has gone well and how you have made yourself proud, but also reflect on what you could improve on. Start fresh each day knowing you will be better than yesterday.
  • Set goals for yourself. Use your daily reflections to start setting personal and professional goals for yourself. Display them visually to keep yourself on track. Having a goal means your are always working to improve.
  • Be accountable. This one is a bit confronting, when things go wrong it is human nature to find someone or something to blame. You are in charge or your life and your decisions. When something goes wrong, challenge yourself to take responsibility. When you hold yourself accountable you begin to discover why things have not gone to plan you are more likely to learn from your experience.
  • Give your Emotions Time to Process. We all have different personalities and with that comes different reactions to the same experience. Immediately reacting is not going to do you any favours. Reacting with anger can cause you to ‘shoot yourself in the foot’ long term, reacting with excitement can cause you to overcommit and does not create trust with peers. Regardless of your feelings, always stop and give your emotions time to catch up and try to consider reason before you react.
  • Handling Stress. Discover healthier mechanisms to cope with your stress. After a hard day, there are some common habits a lot for us use to relieve stress such as alcohol, devices/TV, or unhealthy eating. Find a healthy alternative that you personally enjoy. For example, light exercise, reading a book, a relaxing bath, cooking a meal, calling an old friend, spending time with the family or journaling.
  • Work on your mindset. Consciously start choosing not to let problems beyond your control affect you. Choose to push negative thoughts aside and focus on something positive or at least productive. Your mindset affects your relationships and your motivation, so make an intentional decision to improve it.
  • Increase self-discipline. Try to improve your discipline by a small amount each day. You can teach yourself to be more disciplined, but the mistake is to go too hard too fast, the only pitfall is making too many plans and only taking 1 action or minimal actions.  Make less plans and action all your plans. 
  • Decisions. Think every decision through. Challenge yourself to think from different angles, from the perspectives of others and before you make your final decisions consider the risks associated and how you will manage them. Consider consequences, consider the feeling and emotion you will experience when that decision is realised – is that feeling greater than the fear of not making the decision? 
  • Just do it. It is normal to have apprehension when trying new things. If you have an idea to progress in your business or career, don’t let that fear hold you back! If you want to start creating memes for your socials, start a newsletter or develop a new product- go for it!  Test, learn, refine .. but above all – take the first step.
  • Know your limits. Business can be challenging, know your capabilities. Don’t allow yourself to burn out because you have too much pride to admit you need help or support.
  • Take the challenge. Aim to do 1 difficult task each day. Experts claim that challenging yourself once a day will significantly increase your mental strength, resilience, knowledge and overall success.

Exercise your emotional strength each day, gradually improve your emotional intelligence celebrate the long term benefits in your career and personal relationships.  Track your progress !

Ferne Eliz King

Love Life  Love YOUR Life

About Ferne

Ferne is globally recognised and called upon for quickly accelerating complex change to achieve business strategies.  Translating strategies to actionable plans, prioritisation of those actions, engagement from the right people, bringing business architecture to life or your life plan if individual and in many cases driving the change as a program director.  The bottom line is Ferne accelerates businesses or individuals to achieve outcomes and enabling that is her passion.

What's the consequence if you take no action?

“If you do the same thing today as yesterday, your tomorrow will be the same as today”.  Ferne Eliz King

Book a Call

Want To Learn More?

Book a free 15 min call and see how Ferne can help you accelerate your aspirations for you or your business.

Book a Call