How does self-worth affect the kind of money you make? Learn the importance of self-worth it comes to asking for a raise, setting your rates, or putting a price tag on something you made. Listen in on how to think about being paid and how to neutralize asking for payment. Learn how to honor your needs, own your value, and receive what you're worth. In 4 easy steps, I'll show you how to strengthen your self-worth and be paid what you deserve.
transcript
Today we're going to talk about getting paid and how self-worth affects the kind of money you make. Whether or not you get a raise and whether or not you feel comfortable putting yourself out there in some way, we're going to talk about what you can do to strengthen your self-worth as well, and how these two things being paid and self-worth kind of go hand in hand.
Acknowledge Your Needs
So first what I wanna talk about is what it means to have needs. I want you to think about who you are in this planet and how, how other people are on this planet. You are beautifully and miraculously alive. I want you to think about that because being alive means that you possess an astonishing force that needs to breathe, grow, be nurtured, and be protected.
Life wants to expand. An expansion is needy. I'm gonna say that again. Expansion is needy. So you know that word need can be such a. It can be hard for a lot of people. They don't want to either look at what they need. They don't wanna own what they need. They don't wanna see it as they need. And first, before we even go into how you're paid or what you're worth, or how to get what you're worth, you have to understand that neediness in and of itself is just a neutral way of life.
It means that you're alive, security. Is the state of being able to satisfy your needs for self-preservation. This means that your needs are not negotiable and they deserve attention, energy, and respect to think otherwise is to deny the life force within you. So once you've come to terms with this idea that you have needs and needs are good, and needs are not negotiable.
Realize That Payment Isn’t a Favor
The second thing you need to do is realize that getting paid is not a favor getting paid. Earning money, uh, being paid for your services, getting a raise, it's not a favor that you're asking of someone. It's not something that is nice. It's not something that's a gift. It's literally just an exchange of value.
So you are doing something and you ask for a fair exchange of value. Earning is determined by how much you need to receive an. In return for what you give. So this is what you need to sustain and to strengthen yourself to build worth, whether it's financial worth or self worth. You need to earn enough to support yourself and to protect your resources, to help you determine how much you need to earn.
Determine Fair Compensation
In the realm of money, there's one guiding question to consider. The question is, is this fair compensation? And you're the only one that can actually answer this question. It has nothing to do with marketplace. It has nothing to do with what the going rate is for your particular service or product, rather, this is about what?
You give in exchange for what you receive. When you settle for unfair compensation, you set yourself up for an outcome that's unsustainable. This means you're either overgiving or under receiving. And over time, this cycle depletes your resources and your financial worth declines until you eventually bottom out.
This is what happens when you settle for less than you deserve. Fair compensation on the other hand, is sustainable. So when you receive back equal or more than you give, you gain resources over time and gradually increase your reserves. Self-worth is about honoring your true self. It's the quality of deserving time, energy, and respect.
This means that no one can tell you what you're worth. Only you can do that. This doesn't mean that other people will honor. What you're worth. It doesn't mean that other people will see you as that same value that you see yourself. In fact, um, especially in my business, it's, it's kind of interesting because unless somebody has actually worked with me, it's impossible for them to know what the value would be for what it means to coach with me privately.
So I have to know the value I, and the only way I can do that is really to know, for one, what I do and what I offer. And. For two, how much that service or information is valuable to me, what I would pay for it. So this. Translates to all kinds of different things, whether it's a product, whether you're buying, um, a widget, if you're, uh, offering a service, if it's an online course, whatever it is, it's really up to you to set what it's worth and then allow people to either determine yes or no, and then also to refuse to settle for less.
Refuse to Settle
So one more thing on this whole, refusing to settle for less idea. Is that no one else really knows what it costs you to do your thing, to make your widget, to offer your service, to have that business, to stay those extra hours, to be as quick as you are on a Monday morning. No one knows what that actually requires in the backend for you.
And so this comes back to what you need and only you can know what you need. So you have to get really clear about what it costs. To do your job, to do your service, to make your product and what you need in return to create a sustainable financial world or a sustainable worth. The last step here is to not micromanage the universe, cuz oh man, we want to, we want to say, okay, now I know what I'm worth.
Now I know this is the kind of money I need, this is, this is what I need in return for what I'm giving or what I'm offering the world. And then we get really controlling or very specific about how we think this needs to come to us. And that just doesn't. Work. So when it's coming from this place of self worth, it's like, this is what I'm worth.
And I believe that the possibilities will show themselves to me. It's not that I need, you know, client X to pay me this amount for this thing. It's more that it's. It's more of a feeling of this is what I need to sustain myself. This is what I need to be able to do this job well. And I believe it can come from all kinds of ideas or resources or people or opportunities.
4 Steps to Being Paid What You’re Worth
So let me just offer a very quick tool on this idea of earning and getting paid.
Remember needs are not negotiable
Number one, remember that your needs are not negotiable. I can't even tell you how many times I've had to repeat this to clients, especially coaches that work with me, that you do not. Negotiate what it actually costs to survive.Like that's just not an option. So first and primarily the bar is set at my needs are not negotiable.
Remember payment is fair compensation.
Two, remember that payment isn't a favor, it is fair compensation. So you don't need to go into this meek, uh, I'm. You know this lowly servant, and I'm asking for a favor to get paid. Like, don't do that. Just remember that payment isn't a favor. It's fair compensation. You're offering something of value. It's very neutral.
Stay open to all possibilities.
Three, invite possibilities. Money can come to you in a variety of ways. Open your mind, open your heart, open your energy up to having the possibilities to meet your needs.
Focus on gratitude
And four. Have gratitude. Don't forget that money is a form of energy. It's an exchange of time, energy, and care from others. It's literally a unit value of worth. That is how we exchange worth. So respect your value, but also respect other people's value. You don't know what it. Takes for them to make the money that they're giving you.
You don't know what that actually cost them. All you know is your value and you know that someone else is willing to exchange their, you know, unit of value. So just remember to have gratitude for every time you are paid. It is an exchange from an actual human being somewhere.
Recap
So again, that quick tool is number one, remember that your needs are not negotiable.Number two, remember that payment isn't a favor, it is fair compensation. Number three, invite all the possibilities. For caring for your needs. And number four, have gratitude for the person that's in relationship with you and offering to give you financial value.