How ADHD Entrepreneurs Can Improve Their Money Mindset for Business Success
Money. It’s a topic that comes with a lot of emotions—especially for ADHD entrepreneurs. Whether you’re struggling with managing your business finances or avoiding them altogether, your money mindset plays a huge role in your overall financial success. And when you take the time to shift that mindset, you’re not only investing in your personal well-being but also in the long-term success of your business.
If you’re an ADHD entrepreneur, you’re probably already juggling a lot—distractions, deadlines, big dreams and a healthy dose of procrastination. But when your mindset around money is clouded by guilt, fear, shame or avoidance, it will hold you back in many ways. Let’s talk about the impact of taking a closer look at your money feelings and how shifting them can help you thrive in both your personal and entrepreneurial life.
The Benefits of ADHD Entrepreneurs Focusing on Money Mindset
As an entrepreneur with ADHD, you face unique challenges when it comes to managing your business and personal finances. Your money mindset directly impacts your decisions, business income, and even product or service pricing.
The impact of working your money mindset for ADHD entrepreneurs:
Money Mindset Affects Business Decisions
As an ADHD entrepreneur, you might find that impulsive decisions are part of the game. This includes when and how you invest in your business, how you feel about charging clients for your time, and how you approach sales conversations. By shifting your money mindset and having a clear picture of your business finances, you can make clearer, more strategic financial decisions that support your business growth.Reduce Overwhelm and Financial Stress
ADHD often causes a feeling of constant overwhelm, especially when organizing tasks. Adding finances to the mix for your business and personal life adds to the overwhelm. By working on your relationship with money and building systems for your finances based on how your brain works, you can take the stress out of budgeting, tracking expenses, and handling payments. It doesn’t have to feel like a never-ending battle with numbers.Build Confidence in Your Financial Decisions
When you love your money (YES it’s 100% okay to love your money) and treat it with respect, you’ll naturally make smarter decisions. This boosts your confidence, making it easier to raise your rates, negotiate contracts, and even invest in business tools or marketing that will take your business to the next level. All leading to higher revenue and profit!Create a Stronger Financial Foundation for Your Business
ADHD entrepreneurs often have brilliant ideas by the truckload but lack the structure to follow through. A strong financial foundation is key to ensuring your business doesn’t run into cash flow problems, which can open up opportunities for you to add more support, helping you with tasks you don’t love. By shifting your mindset, you’ll be able to stay on top of business expenses, tax obligations, and personal finances—all of which contribute to a more successful venture.
Journaling Prompts to Shift Your Money Mindset
I love journalling to help me in many ways. If you’re a journaler too, I’ve got a few questions for you to journal on to help you understand and improve your money mindset. Ready to get started? Find a quiet spot (or a not-so-quiet spot if that helps you focus), grab your favourite journal and pen and spend a little time on yourself and your mindset.
How does money make you feel right now?
Get curious about your current emotions surrounding money. Are you anxious, overwhelmed, or perhaps optimistic? Write down your feelings and see if there’s a common theme.What was your first memory of money?
Reflecting on your early experiences with money can help you uncover any deep-seated beliefs that might be affecting your current mindset. Did you grow up with a scarcity mindset or one focused on abundance?If money were a person, how would you describe your relationship with them?
Money is often more than just a financial tool—it’s a symbol of your values, priorities, and emotions. This fun exercise will help you assess the “state” of your relationship with money.What are some positive ways money has supported you recently?
Often, we focus on the stress money causes. Take time to reflect on the ways money has helped you achieve your goals—whether it’s funding your business or allowing you to take a break.What’s one action you can take today to improve your relationship with money?
No matter how small, taking one step to improve your financial mindset can make a big difference. Maybe it’s tracking your expenses, setting a financial goal, or simply acknowledging that you’re worthy of financial success.
Add a reminder to your phone with the link to this article and a note to answer these questions again in 3-6 months to see how things have shifted for you.
Small Shifts Lead to Big Results
Shifting your money mindset is a powerful step toward growing your business and improving your financial situation. As an ADHD entrepreneur, when you control your mindset and find a system that works for you to manage your money, you control your finances, which leads to business growth and success.
If you’re feeling overwhelmed by the idea of tackling this work on your own, don’t worry—you’re not alone! I’m here to help you take actionable steps toward building a stronger, more empowered relationship with your money. Whether that is through one-on-one coaching, reviewing other blog posts, or checking out my podcast, I have lots of options for you.
Here are direct links for you to check out:
Interested in one-on-one coaching? You can check out options to work together here or book a call to chat about working together.
Sign up to get resources to help you manage your business finances right to your inbox!
Check out these blog posts: How ADHD Entrepreneurs Can Successfully Manage Their Money, Top 5 Steps for Financial Success, Pricing Strategies to Avoid Burnout, and many more. I add a new one each week, so come back and check them out regularly!
Mind + Money Podcast: Managing Your Finances for ADHD Entrepreneurs-Part 1 and Part 2. There’s a new episode each week with different ADHD and finance topics!