Meant to Win
E176 Permission to Diversify (Why I'm Breaking My Own $25K Rule)
Ready to find your bottleneck? Take the assessment here: https://go.thewealthypractitioner.com/practice-scaling-assessment?utm_source=podcast&utm_medium=podcast&utm_campaign=psa What if the advice you've been following is the very thing keeping you stuck? In this episode of Meant to Win, Dr. Stephanie Wigner breaks her own most famous rule. For years she's taught that you should be profiting $25K a month before you diversify, and she still stands by it. But over the last nine months she's watched clients build businesses that aren't aligned with who they are, with no growth in three to four years, and she's done letting her advice be the reason someone isn't fully alive. Steph explains why 90% of entrepreneurs still get distracted trying to build a second business, and what it looked like when she had her profit locked in before going from one clinic to two and then into coaching. You'll hear about the docuseries she's producing and the bigger vision for Meant to Win Media. You'll hear the conversation with Kyle about earning the right to diversify, and why even with the money there, a new project still makes her feel like a fish out of water. Then she gets personal. Scaling The Wealthy Practitioner has been the most human experience of her life since becoming a mom, and she walks through the four layers of identity she's been working through: what you inherited, what you've been told, what you've adapted, and what you've chosen. If you've been playing by the rules and still feel like something is suffocating you, this one's for you. CHAPTERS 00:57 The $25K rule and why it still stands 01:38 When your business is suffocating you 02:31 Why 90% of people shouldn't diversify yet 03:17 The docuseries and the vision for Meant to Win Media 04:43 Fighting alignment caps your abundance 07:03 Why my coaches won't love this episode 07:31 Risk it to get the biscuit 08:28 Earning the right to diversify 09:04 Questions to ask before you break the rules 09:42 The most human experience since becoming a mom 10:57 The four layers of your identity 12:13 You can't know abundance without knowing lack KEY TAKEAWAY "There's a world where both realities are true. You can have your profit and diversify. You can diversify before having your profit. You just have to be radically honest with yourself about which one makes the most sense for you." CTA Ready to find your bottleneck? Take the assessment here: https://go.thewealthypractitioner.com/practice-scaling-assessment?utm_source=podcast&utm_medium=podcast&utm_campaign=psa
