Episode 27: Effort vs Impact and The Hard Money Wound with Emily Wilcox

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Join Emily for an exploration of effort vs impact, a look at the hard money wound, and real world examples of why impact is much more scalable than effort.

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Transcript

The more impact you have, the more money you will make. And all of a sudden the math equation makes sense because if I'm running a grouped program and I can impact 30 people inside of that program instead of 15 people, I've doubled my income for the same effort. That the effort is not what's important.

What's important is how many people's lives am I. What's the ripple effect of them healing their money wounds? Who are they gonna talk to about? Whho then will wanna come to me and work with me or experience my body of work.

Hello, beautiful souls. Today's episode is so, so good. And before we jump in, I have some exciting news to share. If you've ever wondered where you're blocking. This is for you. I've created a free quiz to diagnose your money wounds so you can heal them and unblock yourself to receive more money. Just go to moneywoundsquiz.com and answer six quick questions to get your insanely accurate and potent results.

And if you're loving my vibe and want to work one-on-one to call in more feminine energy wealth, I would love to hear from you. You can shoot me a DM on social media or go to emilywilcox.com to learn more. Hey, hey, I've got such a juicy episode for you today. Quickly before we dive in, many of you have reached out to ask how we can work together, and I do have limited openings to work with me via one-on-one private coaching inside the Rise Mastermind, and I've actually even opened up a few spots for human design readings.

So if you're ready to step into feminine energy wealth, this is. If you're serious about ditching those old limiting beliefs, you're tired of having to hustle to grow your business and income, and you're ready to attract more money, joy, and ease from feminine energy, this is for you. If you're tired of being in control all the time and feeling the pressure of your business and your household, then this is for you.

If you wanna be relaxed and work in life but don't know how, without all the balls dropping, then this is for you. So head to Instagram or Facebook and send me a dm, or you can click the link in the show notes. Take the action now that your future self will thank you for hello and welcome back to the show.

I would love to talk with you today and invite you into a conversation around the hard money. And this is a super common money wound. Now, if you are new to money wounds and you don't know exactly what yours are, I really invite you to pause this for just a moment. Go to money wounds quiz.com, or you can go to my website, emilywilcox.com/quiz. And take my free money wounds quiz. It's really quick. It's like six or seven questions, but it's really deep, so you're going to get answers that will be such aha moments for you and help you understand which money wounds are kind of calling the shot. In your life and the hard money wound is one that is super common and that I would say that the vast majority of people don't actually realize is a money wound because it's so socially acceptable that it's like, well, yeah, of course I have to work hard to make money.

Of course, if I wanna make more money, I need to work harder. Of course, money doesn't grow on trees. Of course I need to effort. . And so because it's like so socially acceptable, it's like we don't even consider the fact that there might be something off about that. And I'm not gonna go into like a full, full healing around the hard money wound.

If you want that, you can jump inside my Money Wound medicine program and get all the. But I want to invite us into one key piece of healing this wound, because as long as our brain has this math equation where as long as effort equals income, we're going to hit a cap where the math no longer makes sense, where we simply cannot effort any further.

Right, like there aren't enough hours in the day. So if I'm working 40 hours a week to make $200,000 a year and I want to make a million a year, so I wanna five x that I can't, five x a 40-hour work week, like it no longer makes sense. And so what do we do? Often we resign ourselves to not wanting that big goal because our higher self is like, oh hell no.

If you have to kill yourself trying to do this, if you have to sacrifice your health, if you have to sacrifice your relationships with your kids, with your spouse, with your family, with your friends, if you have to sacrifice everything fun in life, like, no, it's not worth. And so we adjust our goals or just kind of forget about it because we can't wrap our heads around how to make it happen.

And so I wanna share with you a very simple yet potent swap, a substitution in this math equation that changes everything. So if the traditional math equation is that effort equals income, I want you to play with the idea that impact equals income. Impact equals income. This is something that I can give you some evidence so that your brain can get behind it.

Okay, impact equals income. So, you know, the TV show friends, the TV show friends had its final air date, May 6th, 2004. So as of over 17 years ago, the actors for friends have not had to do any additional. Right. We can all agree to that. I'm old enough that I watched that show live with commercials. 17 years have gone by where Rachel and Phoebe and Ross and Joey have not had to work for that show.

They make 2 cents each of the six main cast members. They make two per episode for the syndication of the show, a k a, the reruns. So annually, they each get 20 million a year just from the reruns. 20 million a year from the reruns. It's been 17 years. Can we see how effort does not equal? In this instance, there was some past effort for sure, but that was 17 years ago.

So why are they still getting paid for past efforts? They're not getting paid for past efforts. They're getting paid for impact, and there are still millions of people every year, every day that are watching friends. So it's still impacting people and therefore they're still getting. Impact equals income.

If you think about Taylor Swift, If she wants to make more money, is she like, oh, I have to work harder. Let me put on a six-hour concert instead of a four-hour concert. Oh, you know what? I wanna make more money. So instead of just writing the songs and performing the songs, I'm actually going to plan the whole tour myself, and I'm gonna call up all the venues and I'm gonna manage the ticket sales and I'm gonna drive the tour bus to each location.

I'm gonna work so much harder. That's how I'm gonna make more money. No, like it sounds ridiculous when I say that. We can see it in other people, particularly in celebrities, like of course it's not her effort. Now, is there some effort required? Yes. She has to write the songs. She performs the songs.

Theoretically, if she writes more songs, She'll make more money, but not because she's writing more songs. If she writes a song and it's a flop, she doesn't make any money on that. Why? She still had to work hard to write the song. Doesn't matter. It's the impact. It's the impact. It's gotta be a hit song because the more people that like it, the more people that listen to it, the more people that buy the concert tickets, that's where the money comes from.

It's impact for income. Look at sports stars. Look at LeBron James. Look at the best baseball players. if they wanna double their salary, it's not like, oh, okay, instead of, you know, the N B A season being 30 games, I'm just gonna play 60 games cuz I wanna make more money. No play. Better impact. More people.

Make it so that more people wanna buy your jersey, that more people wanna buy tickets to watch you play and then see what your contract negotiation looks. The more impact you have, the more money you will make. And all of a sudden the math equation makes sense because if I'm running a grouped program and I can impact 30 people inside of that program instead of 15 people, I've doubled my income for the same effort.

That the effort is not what's important. What's important is how many people's lives am I changing? What's the ripple effect of them healing their money wounds? Who are they gonna talk to about that? Who then will wanna come to me and work with me or experience my body of work? That's the name of the game and that's when things start to change exponentially because all of a sudden there's no subconscious cap on how much we can make as long as it's a time for dollars exchange.

We're going to feel capped. We're going to feel drained. We're going to feel like I don't have anything more to give as soon as we change the equation to impact for income, the sky's the limit. The sky's the absolute limit. In this day and age where something can go viral tomorrow, where for the same amount of effort, all of a sudden it gets the right person re-sharing it, and it's got a million plus views. It's impact. And it can change in a moment. So I challenge you to start looking. It doesn't even matter if you're an entrepreneur, if you're working for a company, look at impact. How can I impact more people? How can I make a bigger impact on this organization? How can I make a bigger impact on this planet?

When you start asking yourself those questions, you will get very different. You'll get very different answers, and because money is energy and money is a neutral tool, money will flow in and respond differently to those different questions and to the needs and requirements and desires of the version of you who is ready to make a huge impact on this planet.

All right, friends, that's all I've got for you today. As you're listening, let me know what landed for you. Jump into my DMS, tag me in your posts. I so appreciate hearing from all of you. I hope you have a wonderful day, and I'll talk to you soon. Bye.

Thank you so much for listening to today's show. Changing the way we think, feel, and talk about money will change the world. I truly believe that it starts with you tuning in and it spreads when you share this show on Instagram and Facebook and tag me at. And makes money and you know what moves the needle the most.

Taking just a minute to leave a five-star review on iTunes. This show isn't free to produce. So let's multiply those dollars invested to help this show reach a bigger audience each week. Thank you so much for your help. I really appreciate it. And lastly, if you want more connection, more m makes money style riffs, and a safe place on the internet to talk about money, jump into my free Facebook group, The Money Club.

It's linked in the. Until next time, I'm wishing you health, happiness, and boatloads of money.