Becoming a Millionaire Series: Millionaire Myths

Ep. 123 – Becoming a Millionaire Series: Millionaire Myths

[00:00:00] Julia: Okay, cool.

[00:00:01] Jamie: All right. All right. Welcome back to part two of Becoming a Millionaire Series with Julia. So excited to be back with you all today. We’re gonna talk about Millionaire Myths and the things that we have. Either personally had to break through for ourselves to step into wealth or what we’ve seen in the work that we’ve done with our clients, because we see lots of similar patterns that once you break through these things can open up so much for you.

[00:00:34] So welcome back, Julia. Thanks for being here again.

[00:00:37] Julia: Yeah, thanks for having me.

[00:00:38] Jamie: Yes. So I’ll ask you, because I know you have supported so many entrepreneurs in stepping into their first seven figures. What do you think is one of the biggest myths that you’ve seen your clients hold before? Um, they start the journey or what’s maybe holding them back?

[00:01:03] Julia: Hmm. I think that they feel like they have, they have to do it all themselves.

[00:01:11] Jamie: Yeah.

[00:01:11] Julia: they ha that they have to do all of the things, and that is it. It’s like oftentimes as entrepreneurs, we leave our. Are steady nine to five to work 24 7.

[00:01:26] Jamie: Yeah.

[00:01:26] Julia: that may be true in the startup phase and in getting going in business.

[00:01:30] But once you, once you kind of get up past that startup, you know, you, you have to find your rhythm as an entrepreneur and you have to work smarter, not harder because you’ll, you’ll, we, we all just can’t, um, do it all by ourselves. Like we don’t get to live in a solo journey world.

[00:01:50] Jamie: Yeah.

[00:01:50] Julia: it works.

[00:01:51] Jamie: Yes. Yes, a hundred percent. And I mean, I, I think one of the thought patterns that I see around that, and I will totally agree with that. I’ve had, you know, first of all myself, and that’s something I still work through myself, is delegation. Um, and feeling safe to receive, you know, and feeling safe to trust others and things like that.

[00:02:13] But, um, yeah, this, this belief like, if I can do it, I should, right? It’s like this myth that if I know how I should do it, and that’s, I think a belief we have to break up with in order to step into greater impact, greater wealth, you know, um, sharing in a bigger way, giving it a bigger way.

[00:02:35] Julia: Yeah, absolutely. I mean, what I have found in, in entrepreneurs, even when they start hiring and

[00:02:41] Jamie: Yeah.

[00:02:41] Julia: team of support, that they’re not truly able to let go or, and especially in women entrepreneurs, it’s almost like this guilt that they have to, that it’s like the badge of honor of like doing it all or being the leader and they, they almost feel bad to put that on someone else.

[00:03:01] Jamie: Yeah.

[00:03:02] Julia: that’s maybe just how we’re wired as, as women to be like the caretaker and in, in, in control of everything. But what the lesson I’ve had to learn the the way is that the truth is I don’t have to control

[00:03:17] Jamie: Yeah.

[00:03:18] Julia: And in fact, when I can get in charge, like I’m in charge of my business, like I, I am the CEO and the founder. But I can, I have an amazing team that surround me

[00:03:30] Jamie: Mm-hmm.

[00:03:31] Julia: that get to be in control of it,

[00:03:33] Jamie: Yeah.

[00:03:34] Julia: when you can bathe in, that it, it is so good

[00:03:37] Jamie: Yeah.

[00:03:38] Julia: have, you know, other people that are excited about your vision, they’re aligned with, with where you’re going, and they get that ownership in that, and it elevates them as

[00:03:49] Jamie: Right. Yeah. It’s almost like we have to stop seeing the image of a powerful woman as someone who can do it all and handle it all, but shift our perspective and shift our subconscious to start seeing this vision of. An empowered woman is one who knows where their zone of genius is, knows where to give, knows where to receive, and also shares and delegates, right?

[00:04:14] That’s another way of sharing abundance is by delegating, so it’s like creating a new vision of what is a powerful woman. Yeah.

[00:04:22] Julia: and you know, the, the laws of like giving and receiving, it’s like if you really think about that, allowing someone else to give. Like is powerful because think about how much you love to give.

[00:04:36] Jamie: Yeah.

[00:04:36] Julia: And so it’s like receiving is actually giving a gift to someone else, um, and allowing them to stand in their power.

[00:04:43] Jamie: Yeah.

[00:04:45] Julia: that, that was a really hard lesson that I have. I have had to learn a lot, um, to get to where I’m at now, but it’s, it’s just so, it, it’s, it’s such a lesson that g going to the next level. probably not working harder, and

[00:05:01] Jamie: Yeah.

[00:05:02] Julia: should feel really good to people.

[00:05:04] Jamie: Right. Totally. Which actually is so good because what you said kind of debunks, the other most common myth that I see, which is actually a fear of success. I see this all the time of like. Okay. If I had a million dollars, I’d have so much responsibility. Oh my God. I’d have so many clients to please.

[00:05:26] I’d have to overdeliver. I’d have to give so much more and I can’t take it. And so they start associating more wealth or a bigger business with more to do. But like you said, the opposite is true. It’s actually lighter as you grow, like you should be doing less. You should be in your zone of genius more often, and then delegating to other people’s zone of genius more often.

[00:05:56] Do you see this fear as well? The fear of success come up within your clients?

[00:06:00] Julia: Oh yeah. And, and it’s, they like, they feel, because usually where they’re at, they’re feeling the weight of, of their business and they, so they only, that’s of course they’re gonna think that more revenue, more in income is going to mean more responsibility or more pressure or more like weight. And so. But actually when you create the, the structure,

[00:06:24] Jamie: Yeah.

[00:06:25] Julia: first for your personal finances and then the structure for business, um, which not only includes finances, but your, your organizational structure and, and your leadership structure, you know, that is what will create the freedom,

[00:06:41] Jamie: Yeah. Yeah.

[00:06:43] Julia: Then it’s like this, this beautiful harmony that you’re, you’re, you’re not alone in this journey. You’re, you have like people that are equally passionate as you on this journey with you.

[00:06:54] Jamie: Yeah.

[00:06:56] Julia: Yeah.

[00:06:56] Jamie: do you, what’s your advice to people who are afraid of, oh, well, yeah, sure. Delegation is great, but then I have to manage a team. People have so much fear around managing a team, and what I’m hearing from you is structure’s really big. Is there anything else that you would add to that, or do you wanna talk, speak on that?

[00:07:15] Julia: yeah, it’s exactly what you said. Like as, as entrepreneurs like you, we have to understand what our unique superpower is or what

[00:07:23] Jamie: Yeah.

[00:07:24] Julia: genius is and stay in that. And it’s true. Oftentimes as entrepreneurs, we are not great managers.

[00:07:31] Jamie: Yeah,

[00:07:32] Julia: the thing, people that don’t wanna be entrepreneurs are typically great managers.

[00:07:38] So it’s like finding that person, like the, the, the yin to your yang,

[00:07:44] Jamie: Yep.

[00:07:44] Julia: the, the, that, that opposite. Um, which is, it’s kind of silly because it sometimes there can be opposition

[00:07:52] Jamie: Yeah.

[00:07:52] Julia: you because they think so differently than you do. But once you can kind of work through the, the relationship and, and make it a safe place for each of you to express your differences and, and honor and respect each other, um, that’s what I have found that makes like a, a business like kind of go to the next level is

[00:08:12] Jamie: Yeah.

[00:08:13] Julia: else in their business that’s the, the, the strengths to the owner’s.

[00:08:17] Weaknesses,

[00:08:18] Jamie: percent. Yeah. And I wanna bring a little bit of manifestation into this too, because I did this course called How to CEO, where I was like, I need to learn how to hire people, how to. All the things, right? How do I CEO, how do I build a team? And I thought she was gonna give me all the strategy and structure and um, her name’s Chris Flay.

[00:08:40] I really love her. And she’s like, Jamie, you are a manifestation coach. What’s the first step to manifesting? I’m like, getting Chris look clear on what I want. Getting into the it is done energy. She’s like, you start right there. And I was like, oh my god. Wait. I can manifest, align team members, I can manifest an amazing team.

[00:09:00] So what’s actually super interesting is I, that’s what I do, right, is I really get into. Getting crystal clear on what I want, what, what kind of person that is, what their zone of genius is, what my, you know, what I am able to do and I write out the vision first, and I use that as a template. And I will tell you what, I used to be scared of having a team.

[00:09:22] I’m obsessed with my team. I love my team. It’s just amazing and I feel the same like getting to know your team. You have such an amazing team too, and it’s just so fun. It gets to be collaboration. It does not have to be heavy, and I think there’s just so many misconceptions around that, which we could probably talk about in an entire episode.

[00:09:41] But we will cover this in the Mastermind and we will clean up any of your beliefs.

[00:09:46] Julia: Yeah.

[00:09:46] Jamie: up any of your beliefs about growing a team. Scaling your business and it being heavy or hard, it can be so fun.

[00:09:54] Julia: And, and also too, the, the, how many people are like doing fractional work now

[00:09:59] Jamie: Yeah.

[00:10:00] Julia: to, to have access to rockstar team members is not as expensive as it once was.

[00:10:08] Jamie: Yeah.

[00:10:09] Julia: that’s

[00:10:10] Jamie: So true.

[00:10:10] Julia: so many opportunities for that.

[00:10:12] Jamie: A hundred percent. Totally. What would you say is another myth that you see come up around people who are either on the journey of creating wealth, growing their business, becoming millionaires, or even those that are in the very beginning phases?

[00:10:34] Julia: Yeah, I, I feel like there’s a, um, a disconnect between, oh, they’re millionaires and I am here, and, and there’s like, they don’t really see themselves as a possibility of becoming a millionaire.

[00:10:48] Jamie: Yes.

[00:10:50] Julia: you know what? Some of the work that I’ve done is like. Putting, putting yourself in that future self, like actually having a relationship with your future self

[00:11:00] Jamie: Yeah.

[00:11:01] Julia: going on like a, a, a visioning, um, journey of what, what does that look like?

[00:11:06] You know, what age will you be like exactly what you want, which I’m sure is like a lot of what you teach

[00:11:12] Jamie: A hundred percent. This is why we get along so well. We bring the yin and the yang together. It’s so true.

[00:11:20] Julia: yeah.

[00:11:21] Jamie: Yeah.

[00:11:22] Julia: So it, but so at one it’s like the

[00:11:24] Jamie: Yeah.

[00:11:24] Julia: of, um, I, I’m not good enough. I’ll, I’m not worthy. I am not like, I don’t know how, I

[00:11:32] Jamie: Yeah.

[00:11:33] Julia: to do. It’s all of those that, that, like, we just have to stop ourselves in our track from saying

[00:11:40] Jamie: Yeah.

[00:11:40] Julia: and get resourced.

[00:11:42] Jamie: A hundred percent. It’s an like, I see that I can’t because I can’t, because my job doesn’t grow like that. I can’t because my type of clients are like this. My clients will only pay this amount. My structure can’t scale that way, and I like my structure and I, that’s where the magic of coaching comes in because we’ll get in there and be like, wait a minute, my friend.

[00:12:06] That is not truth. That is a thought. That is holding you back. And I completely agree. It’s the I can’t because, and just seeing yourself as separate and that was something that I used to do. I used to think, well, what the heck are all those other people doing? And you know, that, that allows them to buy a house or have that level of wealth or have this or that.

[00:12:27] And, um, yeah, I had to do that inner it, it’s an identity shift and it’s a self-concept and it’s a choosing who you wanna be. Versus listening to who you were told you are,

[00:12:39] Julia: Yeah.

[00:12:40] Jamie: and that’s a choice.

[00:12:42] Julia: Yeah. And I also think it’s like a claiming, it’s,

[00:12:45] Jamie: Yep.

[00:12:45] Julia: it’s, it’s a stepping in. Like we’re all worthy. It’s a stepping into our worth and a like expanding it and claiming it,

[00:12:53] Jamie: Yeah.

[00:12:53] Julia: it, it, you, you, it is just amazing. The, the miracles, the magic that happens

[00:12:59] Jamie: Yeah.

[00:12:59] Julia: open yourself up to that like abundance.

[00:13:02] Jamie: Yep.

[00:13:03] Julia: in claiming that like things, things just kind of fall into place.

[00:13:06] Jamie: Yeah. Most people don’t realize it’s something that they can decide. Like you said, I love the claiming. It’s so true. It’s a choice. You can just decide, I wanna become a millionaire and I’m gonna learn it. And again, this is what both of us, um, are sharing so much is it’s a skill you can learn. Like of course we’re not taught this in school, none of us were, but you can absolutely learn it.

[00:13:29] You chose to? I did. And it’s amazing what happens.

[00:13:33] Julia: Yeah.

[00:13:34] Jamie: um, speaking of worthiness, I think that’s another big myth is I’m not worthy. Who am I? I don’t do enough. I don’t give enough or my, who am I to make a million dollars? I’m not worthy of it. Is there any message that you have for the person who has some worthiness stuff?

[00:13:51] Julia: Yeah. I mean, that was my journey.

[00:13:54] Jamie: Mm-hmm.

[00:13:55] Julia: it was, it, you know, and, and, and how it manifested was like a work addiction because

[00:14:00] Jamie: Yeah.

[00:14:01] Julia: Go make the next sale and, and feel that would make me feel worthy. And

[00:14:05] Jamie: Yeah.

[00:14:06] Julia: and then I was, it was never satisfying. And so it was really having to take a time out and say, where, where do I, I get my worth from?

[00:14:14] It’s,

[00:14:15] Jamie: Yeah.

[00:14:15] Julia: not from money and, and you know, each, each money each. Goal that or financial goal that I set for myself, it’s becomes less and less impactful,

[00:14:27] Jamie: Mm.

[00:14:28] Julia: where I’m at in my journey. And so it’s, you know, I think we all have to like, have that journey for ourselves, but understanding that, that the money, the money doesn’t give you worth.

[00:14:41] Jamie: Yes.

[00:14:41] Julia: self worth. It’s who you become in growing that wealth in

[00:14:46] Jamie: Yeah.

[00:14:47] Julia: a millionaire is, is. Better than any of the money.

[00:14:52] Jamie: Yeah.

[00:14:52] Julia: Yeah.

[00:14:53] Jamie: you shifted to, I know you said it’s the inner worth, but how did you make that shift from, I need to prove the next sale. I need to work harder to wait a minute. Like, what if it’s not that?

[00:15:05] Julia: Yeah. think it, it was like the. I feel like the shift actually happened in, um, in COVID. Like I was,

[00:15:15] Jamie: Mm.

[00:15:15] Julia: was um, uh, like I remember writing out my perfect day as an exercise, like an

[00:15:21] Jamie: Yeah.

[00:15:23] Julia: maybe a couple years before the pandemic, and then the pandemic happened, and I think it was about like April or May in 2020.

[00:15:31] And I’m like, oh my gosh, I’m living my perfect weeks.

[00:15:35] Jamie: Yeah.

[00:15:36] Julia: I’m like home. I, I have my kids with me. I am going, I’m, I’m working out. Like

[00:15:42] Jamie: Yep.

[00:15:43] Julia: It’s, it’s all perfect. And then I’m like, and it still didn’t feel like enough.

[00:15:48] Jamie: Yeah.

[00:15:49] Julia: it was like the chance to slow down and. Really reflect and understand like, I, I was tying to my, my worth was tying to doing and I

[00:16:00] Jamie: Yeah.

[00:16:01] Julia: rewind that to no, who I am is worthy

[00:16:05] Jamie: Yeah,

[00:16:06] Julia: you know, I have a strong, um, belief in God.

[00:16:08] And that it was like having those conversations of there’s nothing I need to do anymore.

[00:16:14] Jamie: yeah, yeah.

[00:16:15] Julia: you know, I still like to do things. I

[00:16:17] Jamie: Yeah.

[00:16:18] Julia: go for it, but it’s not from a pushing, it’s

[00:16:21] Jamie: Mm-hmm.

[00:16:21] Julia: from like a pulling of my higher purpose.

[00:16:25] Jamie: Yeah. Gorgeous. Yeah, I, I completely agree. I feel the more I. Feel connected to the divine and connect into that divine and take the time and the space and the intention for that. That’s what builds up my truth of, of the worth that I truly am in that it, it changes so much and that’s why I think it’s so important to have that, um, and you know, yeah.

[00:16:52] That

[00:16:52] Julia: Yeah.

[00:16:53] Jamie: it makes a big difference.

[00:16:54] Julia: does. Like, and, and it’s different for all of us. It

[00:16:57] Jamie: Yeah,

[00:16:58] Julia: it could

[00:16:58] Jamie: a hundred percent.

[00:16:59] Julia: in the woods, it could

[00:17:00] Jamie: Yep.

[00:17:00] Julia: going to the beach. It

[00:17:01] Jamie: Yeah.

[00:17:02] Julia: you know, and there’s no one right, or right or wrong way.

[00:17:05] Jamie: Mm-hmm.

[00:17:06] Julia: I think that’s, I think that’s what my hope would be for these women in this mastermind is like, we we’re gonna be that power assist to

[00:17:14] Jamie: Yep.

[00:17:15] Julia: how they become a millionaire their way.

[00:17:17] Jamie: Yeah, yeah. Totally, totally. So let’s debunk one more myth. I think one of ’em that I see a lot is, and I had this, I’m not smart enough, I’m not good at math, which is actually hilarious. ’cause I’m like, we have calculators. Like why do we have to be good at math? Like I don’t ever really use math

[00:17:45] Julia: and I was

[00:17:45] Jamie: around this.

[00:17:46] Julia: Horrible at

[00:17:47] Jamie: Me too, me too.

[00:17:49] Julia: Yes. And here I’m in finance, so Yes.

[00:17:53] Jamie: Yes. So what would you say to the person who feels like you have to be really smart or logical or no structure or math or anything like that?

[00:18:02] Julia: Yeah, I mean, like throw all that out the window like money. Money is, money is energy, money is a resource, and it, it’s like, yes, you have to have a system and a,

[00:18:13] Jamie: Yeah.

[00:18:14] Julia: to grow and keep. Build your business and money, but that, that’s all something that is learned. Or what I find the entrepreneurs that we work with, either they’re resource and they love to do that, or they’re really good at hiring someone

[00:18:30] Jamie: Yes,

[00:18:31] Julia: help them with that.

[00:18:32] Jamie: totally.

[00:18:33] Julia: you don’t have to be the expert you, but you do have to want it. You

[00:18:37] Jamie: Yeah.

[00:18:38] Julia: to like, uh, it can’t be something you avoid. And that is just something I see all the

[00:18:43] Jamie: Mm-hmm. Mm-hmm.

[00:18:44] Julia: Avoiding money

[00:18:45] Jamie: Yeah.

[00:18:46] Julia: thinking someday you’ll figure it out. And just, challenge you to, it’s like, it’s, it, it’s never gonna be different or the right time.

[00:18:55] You just

[00:18:55] Jamie: Yeah.

[00:18:56] Julia: figuring it out and pay attention to it.

[00:18:58] Jamie: And that’s one of the things that I’m really excited about with our group is that we’re gonna like actually hold your hand through that process, because I know it can feel super overwhelming. How do I begin looking at money? What do I even do? What am I actually looking at? And we’re gonna be doing money dates in there.

[00:19:15] There’s gonna be accountability and Julia’s gonna be teaching some structure and what to actually do when you’re looking at money and how to stop avoiding it. And. I’ll help with the inner work that might come up or the resistance and clearing any resistance to looking at it because it’s so true. It’s something you have to stop avoiding it.

[00:19:33] You gotta start coming into relationship and having fun with money because money wants to be around people who love it and who are having fun with it. Right? So,

[00:19:42] Julia: Yeah.

[00:19:42] Jamie: just that shift is really big. And who pay attention to it? It actually, yeah, it’s an energy that, you know, it’s a relationship. It’s just like.

[00:19:50] If you’re in relationship, which relationship with someone that you’re completely avoiding and not looking at and running away from, they’re not gonna wanna be around you and money’s the same way. So I love it. So good. Well, I am so excited for next week because we are going to be diving into why you should become a millionaire and what the journey really looks like.

[00:20:12] So join us next week for that episode and thank you again, Julia. I will see you next week.

[00:20:19] Julia: Bye.

[00:20:21] ​