This document discusses how limiting beliefs around money and work can hurt entrepreneurs. Common financial limiting beliefs include ideas like "money is evil" or "there is never enough", which express feelings of guilt and scarcity. Early education also influences beliefs about work, teaching children that work means obeying a boss for a set paycheck rather than taking risks as an entrepreneur. This traditional model of education and work clashes with the entrepreneurial mindset.

1. Another key area of life
where limiting beliefs hurt
entrepreneurs is money
and finances.

2. These ideas usually
originate within the family
through the things that

3. parents say to their
children.

4. Common limiting beliefs
include things like:

5. "Money is the root of all
evil"

6. "People with money
cheated to get it"

7. "There is never enough
money"

8. "You have to sacrifice if
you want to buy ____

9. "We'll never be able to
retire"

10. These limiting beliefs
express feelings of

11. guilt, hopelessness, or
scarcity about money.
Obviously, these are
feelings that are not useful
for an entrepreneur.

12. Work

13. Early educational
experiences can also play
a part in shaping limiting
beliefs about

14. what 'work' is.

15. The current education
system in most countries
focuses on learning
whatever is needed

16. to pass an exam.

17. It doesn't train children to

18. become adult
entrepreneurs, freelance
workers, or small business
owners.

19. As society changes, there
is a lag in the education
system, which is still
following the old model.

20. This old model involves
working for a set period of
time doing tasks assigned
to you by a boss. For this
work, you receive a check

21. for an agreed-upon
amount.

22. Through obeying your
boss, working hard, and
producing value to the
company, you may then be
allowed a better position or
higher pay.

23. This model fundamentally
clashes with the
entrepreneur mindset.

24. In this model, workers are
rewarded for obedience
and their ability to minimize
risk. Accepting risks and
taking on challenges,

25. For more on developing a
success mindset,

26. go to
http://jgtips.com/smindset.