In this episode, Lisa Drennon and Dr. Jennifer Shell discuss the intricate relationship between money mindset and management. They explore the importance of understanding one's financial desires, the mind-body connection in achieving true wealth, and the challenges faced by entrepreneurs in reaching financial success. Dr. Shell shares her personal journey from being a chiropractor to building a successful business with essential oils, emphasizing the significance of time management and actionable steps in business growth. The conversation also delves into the difference between financial freedom and security, and the joy of creating money miracles for others.

Takeaways

• Money mindset is crucial but may not be the only issue.
• Understanding your money archetype can guide financial decisions.
• The mind-body connection plays a significant role in wealth.
• Time management is essential for business success.
• Getting uncomfortable is necessary for growth.
• Building a business requires belief in your product.
• Financial freedom is often about security and peace of mind.
• Creating a spending plan can prevent feelings of deprivation.
• It's important to allocate fun money in your budget.
• Generosity can lead to personal fulfillment and joy. I want to be in a position where if my kids need something.
• Money is like a warm blanket for me.
• You do not need to get health insurance through your employer.
• Whatever we focus on expands.
• You get to pay your bills.
• It's a fair exchange to earn income from helping others.
• This is an investment. It's still money.
• Lead with your heart.
• You have to be passionate about whatever it is.
• Trusting your intuition is key.

00:00 Introduction to Money Mindset and Management

01:28 Dr. Jennifer Shell's Journey and Expertise

03:18 The Importance of Mind-Body Connection in Wealth

06:13 Overcoming Obstacles to Achieve Financial Success

08:06 Building a Business with Essential Oils

10:28 The Role of Time Management in Business Growth

11:27 Shifting Focus from Scarcity to Abundance

13:31 Understanding Financial Freedom vs. Security

17:17 Creating Money Miracles and Generosity

18:41 The Joy of Financial Freedom

19:08 Mindset Shifts and Money Miracles

20:33 Planning for Retirement and Health Insurance Options

21:30 Redefining Money: From Scarcity to Abundance

22:55 The Psychology of Money and Service

23:53 Understanding Income: Gross vs. Net

25:19 The Value of Paying Bills

27:06 Investing in Yourself and Your Future

28:55 The Flow of Money and Passion Projects

30:17 Trusting Your Intuition in Financial Decisions

31:48 Connecting with Dr. Jennifer Shell

Connect with Dr Shell here:

https://empwr.one/res/54007/310246 https://www.instagram.com/jenshell_dc?igsh=cWEzeTV5cGh6eHhr&utm_source=qr

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Intro/Outro music "IDM" by Christa Lily