The Kelly Roach Show

966. Breaking Free From The Comfort Zone: Overcoming Financial Self-Sabotage

Oct 30, 2023

Kelly Roach discusses finding purpose, drive, and passion in growing financially. She challenges conventional notions about money management, emphasizing the importance of being prepared for change. Other topics include the importance of impact, overcoming fear, and breaking free from self-sabotage. Learn about managing and preparing to receive money, as well as using money for impactful purposes.

13:13

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Quick takeaways

Having a plan in place for managing wealth is crucial to avoid losing it or self-sabotaging.

As wealth increases, prioritize making a positive impact and changing lives over material possessions.

Deep dives

Having a plan for managing money is crucial

When earning a significant amount of money, it is essential to have a plan in place for managing it effectively. This includes seeking advice from professionals such as bankers and financial strategists to ensure that you are ready to receive and handle large sums of money. Without a solid management plan, many people end up losing their wealth or self-sabotaging due to feeling overwhelmed. While it may not be necessary to know exactly how you will spend the money, being prepared to manage it is crucial for long-term financial success.

Introduction

2min

Managing and Preparing to Receive Money

3min

Overcoming Fear and Financial Self-Sabotage

2min

Breaking Free from the Comfort Zone and Overcoming Financial Self-Sabotage

3min

The Power of Using Money for Impactful Purposes

3min

In this episode of The Kelly Roach Show, Kelly discusses how to find purpose, drive, and passion to keep growing financially when you’re unsure of how to use the money you’re accumulating with your business. She also explores insights on managing money, overcoming fears, and embracing the transformative journey of wealth creation. She suggests that the motivation to grow one's business should be rooted in the desire to make a positive impact rather than the pursuit of material possessions.

Kelly emphasizes the importance of readiness in managing finances, especially when wealth accumulates rapidly. She challenges the conventional notion that you must know exactly how you’ll spend money in advance to make it and argues that as you grow and evolve, your desires and priorities change, and therefore, it is more important to focus on being prepared to manage your money effectively.

Also in this episode:

The importance of impact and positive change as the driving force for growth and success.
Evolution in values, such as prioritizing time over material possessions, with increased wealth.
Making money is a result of making a difference and changing lives positively.
Fear and discomfort are associated with earning and managing larger amounts of money.
The risk of self-sabotage or losing wealth due to feeling overwhelmed without a plan.

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The Kelly Roach Show

966. Breaking Free From The Comfort Zone: Overcoming Financial Self-Sabotage

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Having a plan for managing money is crucial

Changing desires and valuing time

Focus on impact and servitude

Remember Everything You Learn from Podcasts