make it rain

written by alison

As a society, I feel like we don’t really talk about money. We talk about our lack of it, what we would do if we had more of it, our actions with it, but not a lot about the actual numbers themselves. Sharing details is a sign of trust and borders on being the same as secret sharing. Especially for women.

Lately I’ve been spending my free time reading blogs, articles + books regarding money along with the differences that each gender has in how they treat financial success. It has been fascinating and painfully true at times.

One example that stood out to me the most is receiving praise for a job well done. Most men, when receiving that type of praise, will simply say “thank you” in some way. But a large majority of women would say “I didn’t do all of the work” or “[coworker’s name] helped me a ton with this, I couldn’t have done it without them” or “[element of the task] could have been done better”. Part of that is our inability to just take a compliment {hot damn, I am so guilty of this}, but the other part is the icky feelings that come along with being successful.

secret success

Women have a tough time being confident with their success. Yes, this is some major stereotyping and generalization. Some of my clients and mentors are not afraid to talk about their financial success, which is helping me down the same path. That being said, I grew up in a household where money was a very powerful thing. You needed as much of it stored away as possible, don’t talk about it or you’ll be judged, there’s never going to be enough and you can’t enjoy your money now, you’ll be able to someday. {I’m positive that my situation isn’t uncommon.} I spent most of my life stressing about how much money I had, where it would go, how I would get more all while not talking about it to others.

When I got a raise or large check for some reason, I felt the need to keep it hush-hush. But at the same time, I had this desire to celebrate. Especially after working hard for something. I would usually embrace that desire with a dinner with my significant other or a phone call to an immediate family member. Those were the confines of my financial details circle. It was really claustrophobic and I don’t like small spaces anymore.

dreaming big

Because I work really fucking hard, my goal is to have a 6-digit annual income in 2014. The idea scares me, sharing it scares me and realizing that I believe it will happen scares me. But that fear is the same as the fear I get before starting a big race, it’s the same fear that I felt before telling my boss that I was done working for someone else, it’s the same fear that came over me when I signed a contract with a builder to create my ideal home. The split second before you jump is always the scariest and I think it’s why most people don’t.

My business is growing and changing, so I am embracing that. I recognize that I need to make some pretty big decisions in order to reach my goal since I would need to work 4.5 billable hours every single day next year in order to reach $100,000, not including expenses or taxes. Realistically, hitting that goal through hourly work could kill me. It’s why I just released my first digital product and am working on hiring a team – so my hours aren’t the only ones bringing in money.

current victories

It’s not Facebook official yet, but I am on track to have my very first 5-digit month before September is over. Granted, about 35% of that will go to the IRS and 44% already went to an unexpected expense that was added to our house after the loan paperwork was done, which leaves me with about 21% to pay bills AND celebrate passing $10,000 in one month. But I remember the days when I was more than happy to match my “day job” take-home pay with my business’s gross income. Oh, how far I have come in less than 1 year! And it is months like these that more than make up for the slow months that barely broke 4-digits.

conversation starter

So if anyone wants to really talk about money, you know where to find me. I’m not going to be ashamed, embarrassed, nervous, timid or fearful about it anymore.

Work your ass off, get rewarded. It works in the gym, in the kitchen, on the yoga mat and certainly in business too.