How to change how much money you make
Do you know that you have complete control over how much money you earn as a VA? It might not seem that way, but you do. Knowing and truly believing that will completely change how much money you can make, because when you see that you’re the one with the power, you’ll start to realise how much money you earn isn’t dependent on whether one particular client says yes to working with you.
It’s all well and good me telling you that, but how do you get to the point where you believe you have that control over how much money you make? Here’s a few ways to get there:
Heal your money story
If someone told me 5 years ago that I needed to ‘heal my money story’ to make more of it, I would have rolled my eyes! That sounded like way too much woo for my liking. The thing is, we hold so many subconscious beliefs about money that it becomes hard to separate ourselves (and therefore our earning potential) from them. Mindset work is the single biggest factor to my success, and it’s an ongoing piece of work!
You don’t need to get really woo about it, but think back to your childhood. How did the people around you talk about money? How did that make you feel at the time? When you think of money now, how do you feel? Is there any evidence that contradicts those feelings?
Why bother doing this work? Well, if you think you don’t deserve money (even if that feeling’s deep down), you’ll self-sabotage yourself. If you think that money is hard to earn, you’ll find ways to make that true.
Trust me!
Limitless Money by Cori Javid is an excellent programme if you want to invest in a money mindset course.
Your rates
It might feel tempting to offer a low rate in order to sign a client, especially if it’s your first one. But if your charge too little a few things will happen:
You’ll attract bargain-hunting clients who won’t understand the value you provide
You’ll resent working for too little
It’ll take longer far longer to reach your income goal
You’ll feel overwhelmed, underpaid and overworked
Undercharging doesn’t make you more attractive to work with. In fact if you charge too little clients may make the assumption that you’re not very good at the work!
You and your value
Your value as a person isn’t linked to the value you provide as a VA. It’s your work for your clients that has a value, not you personally. So don’t take it to heart if a client wants to work with another VA, because it’s not about you personally. Your own worth is completely priceless.
Money is limitless
Although you might look at your bank account and feel the opposite, money is in fact limitless. There is infinite money in the world. There are infinite clients in the world. If one doesn’t want to work with you, you’re making space for the ones that do. Your earning potential is only capped by what you believe you can make!
You earning more benefits everybody
I used to cringe every time I sent an invoice to a client. I felt so weird about money that I almost apologised when I stated my rates too! I somehow thought that I was doing clients a disservice, even though I’d done a great job for them as their VA.
The thing is, the more money you earn, the more people will benefit. Your family will benefit, local businesses will benefit, charities will benefit - wherever you choose to spend your money, those places will benefit. So earn as much money as you want and spend it well!
Further reading:
You are a Badass at Making Money by Jen Sincero
Rich As F*ck: More Money Than You Know What to Do With by Amanda Frances