Let’s talk about the elephant in the room. You know you need a signature service. You’re working on your mindset.
And yet you’ve been burned. You’ve invested in courses or programs where you didn’t learn much (or what you did learn was…. suspect). You felt your money was wasted.
And I first want to be really clear here that I know some of you have 100% wasted money and it’s been a sucky experience.
What I want to offer you however, is a way to not look at it as a mistake, but rather, a reframe.
For any of these “mistakes” you may be regretting, can you ask yourself:
You didn’t get the success or outcome you wanted; what lesson did you learn?
I’m gonna share a personal story about a time I invested $7,500 in a coaching program. And I want to be clear this wasn’t a mistake, I just didn’t get the immediate ROI that most people might expect from a program like this.
TLDR: I invested $7,500 in a 1:1 coaching program at the end of 2020, and a prior $3k investment in 2018 in the same area (launching an online business).
I did not get the launch results we expected - I got: full launch assets, all my emails written for me, knowledge in doing FB ads, got clear on my offer and program + who exactly I’m helping with my programs and how. In addition, I became so much more confident in my social media messaging, in showing up online, in sharing and becoming committed to my unique transformation.
Since then, I’ve tweaked, updated my messaging, and made a lot of moves. In that time, between 1:1 clients and group clients, I’ve made $22,475. I got my financial ROI - just 1 year later than I expected.
[list to the podcast for the full version!]
My question to you: how are you weighing your ROIs (return on investment)?
If you are ONLY relying on the financial ROI, then you may be setting yourself up for disappointment because that is not something you, or the program you are in, can control.
How are you weighing your ROIs?
Just like you invest money in healthy food, beautiful pieces of clothing, therapy to get different ROIS, your investment in programs may give different ROIs.
And sometimes, things take time. You don’t expect a six pack after one day of doing abs for 5 minutes. (I mean, it’d be nice). You don’t expect your health to improve after eating one apple. You don’t expect your relationship to be happily ever after over 2 sessions.
Sometimes things take time.
Sometimes you’ve wasted your money.And sometimes, you need to reframe how you’re thinking about it.
Your options if you feel like you’ve made a money mistake:
Reframe it: what did you learn?
Choose to do research on something before you buy - testimonials, do a call, ask people who have been in it
Understand no one’s program is going to be your magic bullet (esp if you aren’t committed to doing the work - i know no one that is more committed than me lol -)
Long game thinking! rinse + repeat. don’t give up.