In the latest episode of Practice Growth HQ, we covered a topic that’s often overlooked—the hidden reasons behind stagnant finances in healthcare practices. Our guest, Pericles Ross, a seasoned money mindset expert, shared his invaluable insights. Let’s dive into some of the key takeaways from our discussion on how to transform your money m
In the latest episode of Practice Growth HQ, we tackle a commonly overlooked issue—what’s really holding your practice’s finances back. Our guest, Pericles Rellas, a money mindset expert, shared some real gems. Ready to transform the way you think about money and unlock your practice’s full potential? Here’s what we discovered.
The Concept of Money Mindset
Pericles defines money mindset as the underlying beliefs and attitudes we have towards money that drive our financial success—or lack thereof. He compares it to the operating system of a computer; if you have bugs in the system, your outputs won’t be optimal. Similarly, your financial outcomes are directly affected by your subconscious beliefs about money.
The Financial Thermostat
One powerful analogy that Pericles uses is the “financial thermostat.” Much like a thermostat controls the temperature in a room, your financial thermostat sets the level of prosperity you’re accustomed to. If your thermostat is set low, you’ll find yourself struggling to earn and keep money. Adjusting your financial thermostat involves reprogramming your beliefs, which in turn adjusts your financial outcomes.
Clearing Financial Blocks
Pericles identifies two primary types of blocks in the flow of money: incoming and outgoing. Incoming blocks include negative beliefs about wealth and resentment towards the wealthy. Outgoing blocks encompass a reluctance to spend money, even on necessities like taxes, or holding onto money too tightly. To unblock these, Pericles suggests a simple three-step process:
- Acknowledge the Negative Belief
Recognize and own your existing negative thoughts about money. - Let Go
Surrender these negative beliefs. You can do this by verbally affirming that you let go of such thoughts. - Create a New Positive Belief
Replace the old belief with new affirmations. For instance, “Money flows freely and abundantly into my life every day.”
The Power of Small Steps
Another intriguing point Pericles brings up is the importance of recognizing small amounts of money as valuable. By picking up even a penny on the sidewalk, you signal to your subconscious that you value money in all its forms. This act rewires your brain to see opportunities for financial growth that you otherwise might miss.
Living a Created Life
One of the more profound aspects of this discussion is living a created life rather than one by default. By consciously setting intentions and affirmations, you take control of your life’s narrative, moving away from the subconscious scripting that may be hindering your financial growth.
If you found these insights enlightening and are eager to delve deeper into transforming your money mindset, Pericles has resources available on his website. You can access a free webinar on resetting your financial thermostat at resetyourfinancialthermostat.com or periclesrellis.com.
Remember, it’s not the knowledge that holds power but the application of this knowledge. Identify a practical step you can take today to start shifting your financial mindset.
For more enriching discussions and actionable insights, tune into our podcast episodes on Spotify and Apple Podcasts:
Let’s transform our money mindset and open the door to financial prosperity in our healthcare practices!