A lot of women have money blocks, but what about men?
Are guys better with money than we are?
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Lucky Bitch Video Transcript – 3 Things Guys Do Better With Money (And What We Can Learn From Them)
Hey lovely ladies!
Normally I would say, “Hey guys!” but the topic today is about what we can learn from men about money. They actually do things really differently than us and it’s been such a fascinating exploration for me over the last year as I’ve gone to more kind of guy conferences.
Now I have spoken about this before but I’ve come up with few extra little insights about what guys do better with money and what we can learn from them.
Okay, so first of all I want to say don’t email me, this is obviously not a scientific study. Obviously I’m generalising here and not all men and women are the same but this is just what I’ve noticed from some of my sneaky undercover conferences I’ve been to lately.
So I went to a big conference recently where there were lots of men who were millionaires or who had a million-dollar-business. And it was fascinating. It was really a fascinating conversation because first of all when I said to them, “I help women overcome money blocks” they had no idea what that was. They’re like, “What do you do? How does that work? What are money blocks? I don’t get it.”
And I was like, huh, that’s interesting, I thought men would have money blocks as well but they don’t.
So here are some of the things I really, really like from them.
Put Yourself Forward
The number one thing is that men seem to put themselves forward for things more than women do. And it’s because they’ve got this bit more confidence about what they’re doing and that it is enough. It’s like this thing of like, “Oh yeah, I’ll give that a shot.” and “Yeah, why not, I’ll do that.”
I also noticed at a lot of the male conferences that a lot of speakers were men, mainly because they were putting themselves forward, a lot of the questions were from men because they were confident to ask questions.
And a lot of us women, we kind of, we say, “Am I good enough? Am I good enough to do that? Am I good enough to increase my prices? Am I good enough to charge for that?” And we really want to be sure before we even ask for any money.
So that’s a really big lesson that we can take away from that, is just to be like, I am good enough and have a little bit more confidence in our ability.
Skew Business Toward Profit
The second thing is, men seem to skew their business towards profit more than passion. So I hear a lot of women go, “Am I really passionate about this? Do I really love it?” Or they kind of throw the baby out with the bath water. A good friend of mine has a very profitable business in one niche decided it wasn’t her passion anymore. So she was kind of like, well I’ll just chunk that business away and I will focus on my new one.
And a man would go, well I’ll just find someone to run that business, continue reaping the profit and it doesn’t matter if I’m not passionate about it anymore, it can still make money.
A lot of us women, we find well, if I’m not in it 100%, if I’m not putting my energy in 100%, I don’t deserve to make money out of it.
So that is a really big learning. Is there a way or is there a part of your business that you can monetize, that you can automate, that you can get someone else to run and still it could be very profitable for you without you having to put your heart and soul into it. After all, people will still get the benefit, people will still, you know, buy your products and service and receive benefit from it and you can receive money even when it’s easy for you, even when you heart is not in it. That’s okay.
And that might be a big learning first I know it was for me I was like, oh my God, I don’t — just because I’m not there in it, sweating blood and tears, I can still make money from it. Guys seem to have that down pat.
You can find my top six tips for making money the easy way here: The Easiest Way To Make Money In Your Business (Without Stress or Burnout)
Look at the Numbers
The other thing is that they really, really look at the numbers more than women. Remember, if you’re a woman, you look at the numbers, don’t yell at me. I find that a lot of these guys at the conferences, they talk about things like split testing which is just, you know, testing what works, is it this headline or this headline.
Want some inside info on split testing? Check out this post: Make More Money With Split Testing (It’s Not Scary, I Swear)
They test a lot of things in their business to see if it works and then they are rigorous in taking out some of the things that don’t work.
They look at the numbers a lot more, they’re a lot more dispassionate about, is this product or service making me money? If not, I’m going to let it go.
And I think sometimes with us women, I’m talking about myself here, we hold on to things for way too long because we feel like we have to, we feel like we should or we don’t have the information to really tell us if something is profitable or if it’s something that we should do or not.
Want more on not taking business so personally? This post has all the details: Do Women Take Business Too Personally?
So don’t worry though. There are so many things that we’re better at in business from what I’ve noticed.
You know, we’re more passionate about our business, I think we care a lot more, I think we put a lot more of ourselves in there but I think there are some things that we can learn from those guys.
So, you know, we can learn to be a bit more like the guys…
- We can put ourselves forward more and be a little bit more confident.
- We can look at the numbers more, looking at our profit and not feeling like everything we do has to be 100% aligned with the stars.
- We can do some of those numbers. We can split test and we can have a look at some of those business indicators that are a bit more serious but will actually grow our business.
So if you’ve had some entrepreneurial guys in your life and you have some other insights about what they do or if you’re a guy, tell us your secrets, put it below. Or if you disagree with me completely, I don’t mind that either.
Guys, you might not know what that means at all and that’s totally fine but for everyone else, come in to LuckyBitch.com because I’ve got some great stuff for you and have a abundant day. Bye!