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You are here: Home / Coaching / How Your Beliefs Impact Your Bottom Line

How Your Beliefs Impact Your Bottom Line

March 8, 2024 | Renée Fishman

In a culture that wants to quantify everything, topics like beliefs, confidence, self-compassion, empathy, and self-worth often get dismissed as “soft” skills.

To skeptics, doing the inner work of exploring these issues and developing these skills can feel like a “waste of time” when there are “more important” goals to chase, like improving efficiency or increasing income.

You might think that improved performance or business growth comes down to tactics and strategies.

After all, self-confidence and self-worth aren’t “measurable” metrics. Exploring and unpacking your beliefs isn’t something you can check off on a to-do list.

This way of thinking has been conditioned in our culture for generations. It may have been somewhat true in a time when people worked in factories and produced widgets on an assembly line. And I’d question it’s applicability even in that context.

In today’s world, especially, this couldn’t be further from the truth.

What you believe, especially about yourself — your capacity, your potential, and your worthiness — may not be directly “measurable” but it has an undeniable impact on the bottom line things that can be measured.

If you’re selling a personal service and you don’t believe in your skills and the value you offer, you are less likely to charge rates that adequately compensate you for that value.

If you’re selling a product, whether a house or a piece of software, and you don’t believe in its value, you’ll leave money on the table.

If you don’t believe in your worthiness to receive support, you won’t reach out to request it, potentially keeping you from doing the things you have the ability to do.

A lack of belief in your capability can measurably slow you down, keeping you in paralysis analysis or indecision or from pushing yourself as hard as you can go.

If you don’t believe in your skills or worthiness to be considered for an opportunity, you won’t apply for it.

Every time you bet against yourself, you set yourself up to lose.

We often think that believing in ourselves, self-confidence, and self-worth are the end results of achievement.

This is backward.

When you don’t believe in yourself and your abilities, you’ll never reach your true capacity and potential.

Believing in yourself, self-confidence, and self-worth are not the end results of achievement. They are the foundation for the success that you have the capacity to achieve.

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Filed Under: Coaching Tagged With: beliefs, bottom line, capacity, coaching, fitness, metrics, potential, productivity, self-awareness, self-confidence, self-worth, skills, soft skills

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