669: Develop New Habits, Overcome Mental Roadblocks, and Conquer Fear with Joan Sotkin

Joan Sotkin is an expert in helping entrepreneurs and practitioners overcome financial struggles. She is the author of the book "Build Your Money Muscles" and the host of the podcast "The Prosperity Show." Today, Joan discusses strategies for overcoming financial fear and developing new habits, such as consciously choosing to feel confident instead of ashamed, creating positive stories about unexpected financial windfalls, and using affirmations to train the brain.
Quotes
“Everything about you is a habit. It's not like you learn how to feel shame as a grown-up; you learn it when you're a child. Those emotions influence your decisions because every decision has a thought, a belief, and an emotion behind it.” - Joan Sotkin
“Once you realize that it's just your brain trying to hold you back, to keep you safe, you can say to your brain, 'Thank you for sharing, but we're going to try it anyhow.'” - Joan Sotkin
“Part of learning is setting boundaries and learning how to communicate. It's taken me all this time to figure out who I'm not, and I think you have to figure out who you're not before you figure out who you are.” - Joan Sotkin
Takeaways
01:43 Emotions like shame and fear learned in childhood can affect how entrepreneurs feel about and make decisions related to money.
04:41 Consciously choosing to feel confident and excited about money, instead of worrying, can help build new neural pathways in the brain.
08:48 Making up positive stories about unexpected financial windfalls can train the subconscious mind to focus on more optimistic outcomes.
10:56 Consistent practice of positive affirmations and habits is key to overcoming habitual negative thought patterns about money.
20:45 Facing fears and taking risks, even when feeling uncertain, can lead to personal growth and a more fulfilling life.
Resources
- Pro$perity Place: Rapidly Improve Your Relationship With Money & Yourself!
- Connect with Joan Sotkin on LinkedIn
- Get a copy of Build Your Money Muscles by Joan Sotkin on Amazon
Podcast: Play in new window | Download (Duration: 25:23 — 23.4MB) | Embed
Subscribe: Apple Podcasts | Spotify | Amazon Music | iHeartRadio | Podchaser | RSS
Filed in: Archive 3: 2018-2020 • Interview • Podcast