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Mindset Matters - Creating Your Own Definition of Wealth
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The Financially Focused Photographer - Episode 1 Show Notes
"Mindset Matters: Creating Your Own Definition of Wealth"
In our premiere episode, host Tiffany Bastian explores how your underlying beliefs about money fundamentally shape your photography business success.
Episode Overview
Money mindset is the foundation of everything you do as a photographer. Before diving into tactical strategies like bookkeeping and tax planning, it's crucial to understand your relationship with money. Even with perfect systems in place, limiting beliefs about money can prevent you from reaching your full potential as a photography business owner.
Key Topics Covered:
- Why talented photographers often struggle financially despite "doing all the right things"
- How to identify your current money mindset and beliefs
- Understanding that wealth looks different for everyone
- The financial river/ocean metaphor: how your business should flow into your life
- Common money blocks photographers face and how to overcome them
- Practical steps to transform your relationship with money
Money Mindset Self-Assessment
Complete these sentences to reveal your underlying money beliefs:
- Money is _____.
- People with money are _____.
- As a creative, my relationship with money should be _____.
- Charging high prices for my photography makes me feel _____.
- When a client questions my rates, I _____.
Common Money Blocks for Photographers:
- The Starving Artist Mentality: The belief that financial struggle is part of the creative journey
- The Imposter Complex: Feeling you need more certification or experience to charge professional rates
- Limiting Beliefs About Money: Phrases like "money doesn't grow on trees" that influence your approach to business
Transforming Your Money Mindset:
- Pay attention to your money language
- Separate facts from stories
- Track your money
- Surround yourself with prosperity influences
- Consciously choose new beliefs
- Celebrate financial wins
Aligning Your Business with Life Goals
Ask yourself:
- How much do I actually need to earn personally?
- What lifestyle do I want my business to support?
- What business model will best support these goals?
- Am I pricing my services to support my personal financial needs?
Homework: Create a Money Win Journal
For the next week, write down one positive interaction with money in your photography business each day. This trains your brain to notice evidence supporting a healthy money mindset.
Q&A From the Community
Q: "Every time I think about sending out a price increase announcement, I feel physically sick. How do I get past this fear?"
A: Focus on what raising prices will enable rather than what you might lose. Connect your price increase to the value it creates for both you and your clients. When you truly believe the increase serves everyone, announcing it becomes an act of integrity rather than fear.
Resources Mentioned:
Connect With Tiffany:
- Website: BastianAccounting.com
- Instagram: @financiallyfocusedphotographer
- Facebook Group: Financially Focused Photographers
Credits:
- Music Composed (Intro & Outro): Joey Bastian
- Sound Production: Joey Bastian
Final Thought
"Your photography business is meant to be a vehicle for the life you want to create, not the other way around. A profitable business and creative fulfillment can absolutely coexist."
Did you enjoy this episode? Please subscribe, leave a review, and share with a photographer friend who might need to hear this message!
Episode Transcript Available at: BastianAccounting.com/episode001
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