As a female entrepreneur, do you often feel passed out when you talk about money? The ability to conduct successful dialogues about money is critical to both your personal finances and your business. Here are 5 key steps to talk about money with confidence and security:
Time after time I see how very capable businesswomen who strive to serve their customers well, sabotage all their efforts to establish a good financial situation when talking about money with their customers, their partners, their suppliers, even their couples.
They work hours to position themselves as an expert, have an excellent website and offer good products and services. However, they have a constant money drain of which they are often not even aware, because they do not know how to successfully conduct money conversations.
If this happens to you and you have not given importance, think about it! The outcome of your financial conversations will determine your personal and professional financial future.
Only in the area of your business, your ability to talk about money is decisive for:
- Present your fees with confidence and security, when selling your services or knowledge. Maintain a constant cash flow, for example, when talking to clients so they can catch up on their payments. Find an ideal solution to avoid losing clients They want to get out of your programs. React correctly when they ask you for a discount. Define your limits firmly and gracefully when your customers ask you for more than what was included in the program or service they bought.
And the list goes on and on!
There are countless situations in which women entrepreneurs have to assume their leadership position and speak about money with authority - but, at the same time, with feminine wisdom and grace - to defend their interests and their business, without having to feel guilty or undermined in the area of finance.
If you want to not only generate more income, but also increase your wealth while delivering the best of yourself, without feeling overbearing, here are 5 steps to take control of your conversations about money!
The 5 key steps in successful money conversations:
1. Prepare yourself mentally:
Women tend to avoid conversations about money, because they are afraid to claim their rights and do not want to hurt anyone. They prefer a thousand times to leave the situation as it is and bear the consequences, even if it means generating losses for their business or personal finances.
You are doing yourself and others a disservice by failing to clear up delicate situations that will ultimately harm both parties. Although the subject is difficult, people will appreciate your openness and clarity when you take the bull by the horns and determine to resolve any misunderstandings about money immediately.
2. Declare what you want to talk about.
Begin your dialogues about money by clearly stating, from the start, which issue you want to clarify.
This is valid both for the sales you make, such as when offering your coaching sessions, as well as for solving conflicting issues about the money that arise in your business or in your personal life.
Always be very clear about what you want to talk about: "I want to talk about…"
3. State the objective of the conversation.
Make sure the other person knows exactly what you want to accomplish in the conversation for both parties.
For example: "I want to reach an agreement on…"
4. Take the lead in the conversation.
Once it's clear what the topic is and what your intention is, position yourself as the leader of the conversation and explain how you want the conversation to flow.
For example, you can say something like: "I would like to hear your opinion and then I share mine…"
5. Get an agreement.
Before continuing to speak, it is important to obtain the agreement of the other party. This will position you as the person in control of the conversation.
He simply asks, "Do you agree with this?"
From the beginning, clearly state your desire to reach an agreement that will be of greater benefit to both parties.
People want to be recognized, listened to, and understood. Take time at the beginning of the conversation to listen to their opinions.
It will help you see the problem from their perspective and you will be able to understand much better why they acted in a certain way. Even if you do not agree with their way of thinking, you can solve the problem in a better way, without losing your posture and clarity about it.
