Show Me the Money (Honey!) Part 1: Know Your Worth

January 27, 2016

Connect Member

Entrepreneurial Soul Coach, founder & CEO of Move The Crowd, training for conscious entrepreneurs.

It’s that time of year again, when we emerge from that wonderful (or traumatic) holiday season with family and friends, vowing that this year will be different. We make big promises to ourselves, to our loved ones, to our close friends, and maybe even to someone who will actually hold us accountable, like a trainer or a coach.  

If financial success is your resolution, I’m going to provide some insights for how to move forward as an entrepreneur, leverage your talents and abilities, and become a conscious shaper of your own destiny. I know you’ve probably heard this 1,000 times before — so here comes 1,001: In order to have more, you have to believe that you are worthy of receiving more.

So how do you increase your ability to believe? In this series, I’m going to share some of the most pivotal insights I’ve gained over the last decade in the hopes that 2016 can be your strongest financial year ever. I’ll start with these five permissions — I consider them inalienable rights — on your path to success.

1. You have a right to be yourself.
People-pleasing is a way of life, and nowhere is this more prevalent than in business. There is a fine line, however, between meeting people where they are and totally surrendering your sense of self. At some point along the achievement curve, you have to believe that who you are is okay. When you’re in the habit of constantly saying and doing things you know are not you just to fit in or get ahead, then it’s time to do some serious soul-searching. Take a piece of advice from negotiation expert Corey Kupfer’s 2013 talk on Authentic Relationships: “It’s no longer just about whether I respect the other person and they respect me. The real question is, do I respect myself when I’m with them?” You have the right to be you and to cultivate your own opinions, perspectives, and experiences as valid contributions to any environment.

2. You have a right to do work that you love.
Just as you get to be you, you get to do you, too! The traditional notion of work is changing, as many of us are exiting the corporate ranks to set up our own shops or building thriving businesses on the side. It’s no longer just about the results; quality of life and quality of experience matter, too. The desire for variety, autonomy, complexity, and flexibility are proving to be game-changers in attracting and retaining amazing talent, no matter what industry you’re in. Ask yourself the following: Are you doing work that excites you? Are you leveraging and growing your unique combination of talents, gifts, and abilities? Do you honestly care about what you’re doing? Is there a way to design your work so that it is more enjoyable for you? You have the right to be joyful in the work that you do.

3. You have the right to work in a respectful and dignified environment.
This may seem like a no-brainer, but in my experience, far too many powerful women still operate in environments where their presence and contributions are not appreciated at the level that they should be. Knowing your worth doesn’t only relate to what your paycheck says, it also relates to how you wish to be treated in a work environment. Some of us trade money for things that leave us feeling more deprived than fulfilled. Being respected ought to be a non-negotiable, whether you’re leading or following someone else’s leadership. Do you have a clear sense of what your ideal work environment looks like? Do you know how to ask for what you want when it comes to how you are treated? Are you having forthright conversations about how you’d like to be acknowledged? Do you know how to correct the slow creep of a degrading work relationship or environment? You have the right to work with dignity. And it begins with getting clear about what being respected actually means to you.

4. You have a right to be well compensated.
There are tons of references for how people arrive at compensation. Some people look at market value for comparable sets of skills; some people evaluate additional perks, like vacation or flex time; others look at healthcare, access to education, and quality of the team. If you run your own shop, you’re evaluating equity, and potentially distribution, as part of this equation as well. The key here is to look at all of the benefits that are important to you and to discern your ideal and your bottom line. Then, develop a rubric that provides a clear sense of where you are compared to where you want to be. I strongly encourage you to work with a coach or trusted advisor here so that you can make a grounded assessment of your true earning potential and clear game plan for how you will grow that number.  

5. You have the right to make a difference.
We are living in a time when the quality of our contributions matter. Success used to be mostly defined by personal achievement — how many accolades, honors, or promotions we racked up. In the new paradigm, success is more about fulfillment. Everybody is trying to grow. You have a right to position your talents and gifts in way that allows you to have maximum impact. What gives you a sense of real accomplishment? What are you seeking to discover, re-imagine, create, or transform? What will be different in the world as a result of your existence? If you’re not thinking about these things, start now. You have the right to leverage your genius in service of something that benefits us all.

These five rights have become my compass for evaluating whether an opportunity is in perfect alignment for me or not. Embrace them. Because ultimately, your worth is the biggest deal-breaker for your financial success.

To help you achieve these rights as a social entrepreneur, Move The Crowd is offering training packages that include a 2-hour private, power-packed, goal setting session along with customized plans to help get the ball rolling. This deal extends through February 3, 2016 so reserve your space today!

Rha Goddess is a member of the DailyWorth Connect program. Read more about the program here.