How to build a 7 figure online business you’ll love

How to build a 7 figure online business you’ll love

Imagine building a million dollar business – then deciding you need to walk away from it!

That’s what happened to Vanessa Lau. And if it can happen to her, it can happen to anyone!

Because knowing how to build a 7 figure online business is just ONE part of the equation.

But ensuring this business nourishes & sustains you, not just financially, but emotionally, physically, mentally & spiritually – is another thing altogether.

 

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If you don’t know who Vanessa Lau is, she’s a coach whose online business exploded to multiple 7 figures over the course of a few short years.

She seemingly had it all, even being featured in Forbes magazine and speaking at all the big events.

But just a few weeks ago, she announced her indefinite sabbatical! She closed her programs, cancelled all speaking engagements and scaled her team of 9 down to 1.

WHY?

She felt like she was running on an unsustainable hamster wheel. And the joy she once felt about her business was no longer there. 

This story speaks directly to the ‘Fear of Success’ so many entrepreneurs hold. The fear of what happens if your business succeeds. What if it does so well you can no longer keep up?

For women, especially mothers or anyone who’s ever suffered corporate burnout, this is an especially frightening scenario.

Burnout is why I jumped off the fast track of my Engineering & Corporate Development career.

How about you? Do you fear burnout? Have you experienced it before? Let me know in the comments!

The great news is there are strategies you can implement to avoid business burnout.

Because you want a business that is financially successful, but also feels aligned AND sustainable – WITHOUT getting trapped on a hamster wheel.

One that nourishes you instead of depleting you.

So today, we’ll cover 5 principles that will help you create a sustainable & aligned business – and ensure you enjoy the journey along the way!

I’ll also share a hot tip to get you there faster along with the 2 questions that help you do so.


Let’s get into it!

 

 

Principle #1: Core Values



Your core values are what light you up most in life. They’re the reason certain things feel so great to you.

They connect you to your inner joy & sense of fulfilment – they’re what life is ultimately all about for you.

This is why core values are the very first thing I cover with my VIPs and my Aligned Business Mastermind.

Core values become your North Star, the guiding light that ensures your business lights you up, each & every day.

They should permeate every part of your business as well as HOW you do things, WHEN you do them, how OFTEN you do them, WHO WITH and WHO FOR. 

Designing your business AROUND your core values is essential to building a business that truly aligns with your soul so you can feel deeply fulfilled every step of the way.

If you’d like some help uncovering your core values and creating more life balance, then grab my book Today’s Woman – Life Balance Secrets. Just click here to have it posted to you.


A lack of alignment with my core values is what caused me to leave my Engineering career.

I felt like I was just going through the motions, showing up to collect a paycheck. It all felt very disconnected & meaningless with no sense of purpose.

When I quit, I had no idea what to do next – but I knew I had to get out.

I became desperately unhappy and felt like my soul was slowly being sucked out of my body.

It left such an imprint on my body, that for years later, I still felt anxiety whenever I drove past that office building.

 

Principle #2: INTEGRATE BUSINESS & ALIGNMENT STRATEGIES

 

Most people create their business strategy, then try to shove alignment into the gaps.

But that’s a recipe for disaster!

Instead, you want to design your business strategy AROUND your alignment strategy.

 

You need the way you operate your business to support the ways in which you nourish your soul.

It’s critical to take care of yourself as you take care of your business – and doing it BY DESIGN is the key to maintaining a sense of balance in life.



Principle #3: ALIGNED EFFECTIVENESS

There’s a big difference between being effective, being productive and being efficient. 

Being productive is about getting lots done.
Being efficient is about getting it done fast.
But being EFFECTIVE is about doing what truly matters.

When you take it a step further and practise ALIGNED EFFECTIVENESS, you’re getting into alignment BEFORE you get to work on the most important things that move the needle in your business!

This allows you to tap into an unlimited supply of energy & enthusiasm that fuels you from within.

It means you’re being pulled along by inspiration, rather than needing to be pushed by motivation.

 

In my finance business which I started after my divorce, I still didn’t get this right.

I started that business from a place of desperately wanting to create financial stability for myself and my children. I wanted to be my own boss and have a financially successful business.

And I did it – but something was missing.

The business was running me instead of me running the business.

 

And before you know it, again felt like I was going through the motions. I had to force myself to go to work & everything felt heavy.

It started to feel just like my corporate job.


Yes, I loved the money and I loved helping my clients achieve their dreams.

But I didn’t enjoy the pressure & deadliness, the mindless nitpicking over details and being at the mercy of banks and credit managers on power trips.

I had used my business as a means to an end, rather than creating it to fulfil my needs along the way.

 

I was very blessed because I could hand it all over to my husband while I built a new business that truly lit me up, armed with everything I’d learnt along the way.

I not only got to do the work I wanted to do in the way I wanted to do it – I also got to FEEL the way I wanted to feel while I was doing it!

Leaving the finance business I’d worked so hard to create as a broke single mum was a scary thing to do. But I knew it was necessary if I wanted to avoid burning out again and ever feel truly fulfilled by my work. 

 

Principle #4: GOLDEN RULES


Enforcing your golden rules is essential to retaining a sense of balance and maintaining your energetic alignment.

The trick is to be clear on what they are and to make them non-negotiable.

This will ensure you’re building a business that suits YOU, not others.

So what are golden rules?

Golden rules are guidelines you set for yourself that will ensure your business remains in alignment with your values and your soul’s needs.

GOLDEN RULES KEEP YOU SANE

 

Here’s some examples:

  • no more than 2 client facing hours per day 
  • no more than 2 out of office meetings per week. 
  • NEVER work Fridays 
  • Meditate BEFORE checking messages in the morning


Your golden rules will be your own, but whatever they are, they should honour your core values and support your alignment strategy.

 


Principle #4: GOLDEN GOOSE (LIBERATED)

 

What’s a Golden Goose?

YOU are the Golden Goose, baby!

 

Your time and energy are precious & irreplaceable resources.

Which means that every player and process in your business should be supporting and protecting you so you can play your role.

 

Here are 2 principles that will help:
1. Know what’s urgent vs what’s IMPORTANT

  1. Less is more! 

 

You need to be willing to delete or delegate tasks and projects.

 

To help you decide what to delete or delegate, just ask these 2 questions:
1. Does this task need to be done at all?

  1. If so – can it be done by someone else?

 

This will go a long way towards simplifying your business so you can focus on the things that are truly important and actually move the needle.

It will help avoid you spinning your wheels & burning out on low level tasks that don’t need to be done at all – or make very little difference.

And if you’re reading this, thinking, “I really need help but feel like I can’t afford it!”, then be sure to catch the next episode! Because that is exactly what we’re going to cover for you.

In the meantime, remember you can grab my Life Balance Secrets book at the link below if you need help with that.

xx Miriam

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How to sort out your money on low income – 3 reasons to start TODAY

How to sort out your money on low income – 3 reasons to start TODAY

Do you feel like there’s no point having a money system because you’re not making enough?


In today’s episode we’ll talk about how to sort out your money on low income.

I’ll share 3 reasons why you need to get your money system in place sooner rather than later – ESPECIALLY if you feel like money is tight!

See, a lot of people make the mistake of thinking that a money system is for those people who’ve got plenty to spare.

But this is actually a habit that the sooner you start, the sooner it will help you move forward financially so you DO have plenty to spare!

 

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For me personally, I started creating what is now known as the Magnetic Money™️ System when I was a broke single mom. I needed to make every dollar count because I literally had weeks where I thought I wouldn’t be able to pay the rent or put food on the table. And so it was critical that I stayed on top of my finances, knew how much money was available and what my priorities were.

But this goes way beyond survival!

Starting to get on top of your money and taking control is the beginning of you getting out of that jam and moving forward financially. This is the start of being able to create financial stability and eventually, financial security and wealth for yourself.

Here’s 3 reasons to get started as soon as possible:

NUMBER 1: Managing your money well is a HABIT. 

So the very first reason why you want to get a money system in place now – even if you feel like you’re living paycheck to paycheck – is that it’s important to get into good habits early.

And this is one habit you want to get into as early as possible. Because if you get into bad habits  when you have little money, you will take them with you when you have more money. And that will only create bigger problems!

It’s so much easier to start a good habit and continue it, than to try and get out of a bad habit down the track. So you may as well start off on the right foot.

Get into good habits early & take them with you.

NUMBER 2: Breaking it down avoids future pain

A good money system allows you to plan for bigger expenses by breaking them down.

For example:
Say your car needs a thorough service and new tires once a year and it costs $1,000.

Now, if you don’t plan for that, then this sudden expense to ensure you can keep driving the kids to school can create a really stressful situation.

But if you break it down with your money system, it’s actually only $20 a week you need to consistently put aside. And in return, you get amazing peace of mind, knowing your car will continue to be roadworthy and reliable.

It makes a huge difference to your stress levels. It allows you to stay focused on your business to keep the money flowing in, rather than get distracted by sudden emergencies and start experiencing a feeling of lack.

There are loads of big annual expenses like this, not least of all your tax bill!

By getting that money system ticking along sooner rather than later so you can track and  smooth your cash flow, you avoid future pain and stress. And that helps you stay in alignment with abundance and continue to attract more.

This is exactly what the Magnetic Money™️ system is designed to help you do – and what any good money system should do. 

NUMBER 3: Discover your REAL business income goal!

Right, let’s move on to the third reason why you want a money system in place sooner rather than later. This one is especially for you if you feel like all your money’s going out on bills and your business isn’t bringing in enough.

Your money system will show you what the REAL gap in your income is! (and that’s often a lot less than you think, because we tend to worry and catastrophize way too much…)

Once you know what that number is, you can then plan your business income streams to ensure you meet your income goal.

Your money plan delivers your business income goal.

It lets you know what your business’ baseline income target is. From here, you can set other goals that include wealth creation, lifestyle upgrades and so on.

But first you need to know your baseline target. The income amount that will ensure the bills get paid and the business keeps running.

Unfortunately, too many people just make up a random number when choosing a business income goal, with no idea how they actually need to bring in.

Once you know your income goal, you can then plan your income streams and decide HOW you will generate that income.

This is exactly what we help you do in the Magnetic Money™️ System Bootcamp, so be sure to check that out here to learn more.

A great place to start is by organizing and tidying your banking. That is step one. You want to get those foundations in place and make sure you have the right infrastructure in place so your money can do what it needs to do.

I have a free workshop to help you get started. It’s called Organize & Tidy Your Banking and you can get instant access here.

Think of it as Marie Kondo’ing your finances so you can experience the joy of becoming magnetic. It’s a lot more fun than a bunch of rolled up socks & jocks, believe me. 😊

Remember – abundance is an inside job.. but there are some things we have to do on the OUTSIDE  to help it flow.

 

See you soon!

xx Miriam

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Organize & Tidy Your Banking

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Emotional Spending – how to stop feeling guilty for spending money

Emotional Spending – how to stop feeling guilty for spending money

Today I’m giving you my top tips for avoiding the guilt of retail therapy


We’ll help you stop emotional spending so you can stop feeling guilty for spending money on yourself – and make better purchase decisions.


When it comes to retail therapy, I definitely tend to do more of it when it’s the last thing I should be doing. It’s usually either financially not a great time to eb spending up – or there’s something else going on that I should be focusing on instead.

Because more often than not, retail therapy is just a distraction.

That’s why today I’m giving you some practical tips to avoid unnecessary retail therapy and the subsequent guilt that comes from it. You’ll also get some practical tips to help you make better purchase decisions so the things you buy are what you actually need, want and can afford!

 

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Looking back, it’s pretty obvious that the times I was doing the most unnecessary spending were also the times I was feeling the least happy and fulfilled.

The shopping was just a distraction, an escape mechanism.

It’s not really therapy!

We call it ‘retail therapy’, except it’s not actually therapy. It only gives you a temporary high – and then you’re left dealing with the bill and the guilt afterwards. And that makes you feel even worse!

So let me give you some practical tips to help you avoid getting into that pickle in the first place. Because we want to ensure that when you shop, you do it in a healthy way that makes you feel empowered and great about your choices.

Tip Number 1: Want vs Need:
Before you buy something, ask yourself, “Do I just want this, or do I actually need it?”
Because we say, “I really need this,” when we actually just mean that we really want it.

And it’s okay for you to want things. But the next question to ask is, “WHY do I want it?”
And that can be extremely illuminating!

Some more questions to ask yourself:

“What do I really want? What is it I’m really looking for? Is it validation, feeling more desirable, feeling rewarded or worthy? What am I actually wanting that I think this thing I’m about to buy is going to give me?”

Because if you’re looking for something else altogether, then this purchase is just a band-aid. And when it falls off, you’ll be left with an even bigger sore.

So the question of, “What do I really want? What do I feel is missing?” is very powerful.

The ease of online shopping can make quitting retail therapy pretty tough. Because it’s just too easy! There’s a million apps, free shipping & free returns. It feels like this effortless commodity – except you still wind up with the charges on your credit card!

So Tip Number 2 is: Set a spending limit!
The rule is that anytime you want to spend more than this limit, you need to wait 24 hours before going ahead.

This will give you some breathing space and helps you step away from the emotional state that’s driving that purchase. It helps you make a rational decision you’ll feel good about and consider your choice from outside that emotional space. Then you can decide whether you really need it – or if you just wanted it to try and fill a void.

It gives you space to step away from making an impulse decision based on emotion.

Tip Number 3: Imagine The Future
Another trick that really works for me is to imagine myself in 6 months time. I imagine having that item in my wardrobe or in my home. How do I feel about it now? Do I actually want to use it? Do I enjoy having it?

Example: I’ve been looking to buy some summer dresses. Now, I’m usually more of a jeans and t-shirt kind of girl but decided I’m going to make an effort to dress more feminine.

And as I imagined needing to leave the house wearing one of these dresses in 6 months time, I suddenly realized that none of them were a style that suits me!

So imagining yourself with it in the future is a great little trick – especially when online shopping. Because it looks great on the model when we ‘Click To Buy’. But sadly I’ve come to realise that still doesn’t help me suddenly grow cleavage…

Tip Number 4: Buy a round trip!
Last but not least, a really, really practical tip is to make sure you can get a full refund without having to pay shipping charges in your returns.

And a bonus tip is: When your items arrive, keep those tags on until you’re ready to wear them!

Make a note in your diary so if you haven’t worn it by the final return date, you can have another look at it. And if it’s still sitting in your wardrobe by then, chances are, you will return it. Because if it was perfect and you loves and needed it, you’d have found a way to wear it by then.

Which probably means you  were looking for something else altogether…


Okay, so there you have some really practical tips to:
1. avoid the guilt of retail therapy
2. to actually make some really good empowering purchase decisions


Tell me, WHAT ARE YOUR BEST SHOPPING TIPS?
How do you avoid the guilt of retail therapy?

Share your top tips in the comments below!

I also highly recommend you get your money organized so you know where to find your fun money and how much you can spend guilt-free. It’s a massive help in avoiding emotional spending and the subsequent guilt.

My free workshop “Organize & Tidy Your Banking” will help you get started. You’ll find the link to get instant access below.

 

Enjoy & see you in the next episode!

xx Miriam

Ready to go deeper?

 

 

FREE LIVE WORKSHOP

Organize & Tidy Your Banking

‘Spark the joy’ of becoming magnetic – for women entrepreneurs.

The Secret Code to Unlocking Your 6-Figure Income - PLAIN HEADER

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