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Entries in Gorilla (1)

Thursday
Mar272014

The Money Gorilla: What What Does a Gorilla Have to Do with Making Money for Women in Business?

What does a Gorilla have to do with making money for women in business? There’s an experiment that shows a videotape* of six college students on a basketball court. Three are wearing white shirts, three dark shirts. The instructor asks them to randomly pass a ball amongst themselves and asks the audience to count only the number of passes between the white-shirted students in one minute. About halfway through the process a woman in a gorilla suit slowly walks through the students, who ignore her. The gorilla turns and faces the camera and pounds her chest. Then she leaves the circle.

You’d think the gorilla would catch the attention of the audience, right? BUT 60% of the audience DOES NOT see the gorilla!!!!**

Well, just like on the basketball court, the Gorilla can be there with your money but you don't see it because you're focused on other things. If you can't SEE the Gorilla your money blind spots may be getting in the way of making enough money or keeping the money you make.

What are some of the top money blind spots for women?  A big gorilla I notice is women avoiding rather than paying enough attention to their money in conscious and proactive ways.

Whatever is uncomfortable is human nature to avoid – but to be successful we can’t afford to not pay attention.

Here’s a quick Numbers Check List you can use to stay AWARE of the Gorilla. Because until we're on top of our numbers, it's hard to manifest more money.

Net Profit – monthly and annual - how do you track and stay aware?

Monthly & Annual Expenses - "It's not just the money we make - but the money we keep." Robert Kiyosaki.

DEBT: Add up all the credit card balances for a – take a breath – TOTAL.  Knowledge keeps the Gorilla visible!!

Debt payment plan – How much each month will pay off balances by when? Take ACTION.

Cushion Savings Account – Automatic Deduction each month builds savings faster than you'd think!!

Retirement Savings Account – Start with something small - something is better than nothing. $25.00 a month for 20 years is better than waiting until you’re in your 50s to get started.

Want to know your Money Type? The Money Types are a fun, unique way to discover your Money Strengths & Challenges by taking The Money Quiz.

 Resources: *There’s a great YouTube clip called The Monkey Business Illusion produced by Daniel Simon **Using Your Brain to Win in Today’s Hyper-Paced World  by Holly G Givens)

WANT TO USE THIS ARTICLE IN YOUR NEWSLETTER OR ON YOUR WEB SITE?

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Certified Money & Business Coach, Professional Speaker & author, Lynn Telford-Sahl, writes the weekly PowerUP Your Money blog for women in sales and small business. If you’re ready to PowerUP your Money, your Business & your JOY get your FREE Strategy Session with Lynn at www.joywithmoney.com 209 492-8745