Ep #105: Money Mindset with Silfath Sophia

For this week’s episode of the Going Pro Podcast Michael invites Silfath Sophia on the show to talk about the Money Mindset. Originally from Ivory Coast, Silfath moved to the United States to work as a banker, but took a big leap in 2017 when she started her own business as a fashion stylist. She later moved into Somatic Therapy and Movement for Women, and is now working as a healer and teacher in the wellness space. Silfath lives between Bali and Dubai. Silfath has been in the entrepreneurial space for about 16 years and shares her experiences on this week’s show. Silfath became a full-time entrepreneur only 3 years after starting her own business. In this episode, Michael and Silfath talk about ‘how to get started’ as an entrepreneur in the wellness space.  Silfath shares about craft versus running a business. She explains that as an entrepreneur it’s essential to refine your craft and acquire the necessary business skills. But also to understand yourself, be aware of your ‘money mindset’, and your beliefs around success.  Silfath and Michael both acknowledge that confidence is essential for someone’s growth as an entrepreneur. Michael emphasizes that building confidence requires getting feedback. Feedback also implies being receptive to whatever is shared with you. Silfath's strategy to grow confidence is having a mentor, a community, a support system, that could help brainstorm with.  Michael and Silfath furthermore discuss the act and dedication to ‘serve’ in the wellness space. Michael wraps-up the conversation by listing the phases of entrepreneurial growth and Silfath shares about the essential foundations on the entrepreneurial journey: money, success, leadership, and being seen and heard.  Silfath also touches upon the relationship with being seen and being heard. She discusses topics around self-sabotage, limiting beliefs, exposure, and cultural conditioning. This week’s episode is full of entrepreneurial nudges to help you with your ‘money mindset’, and making your dreams happen as an entrepreneur in the wellness space. 00:00 Introduction 02:40 About Silfath Sophia 05:10 Entrepreneurship 06:47 Craft & Running a Business 08:45 Mindset & Beliefs around Money and Success 10:35 Turn your ‘Money Story’ around 11:25 Refining your Craft as a Teacher 12:31 Building Financial Stability 12:50 Craft versus Mindset, Belief & Sense of Identity 17:08 Building Confidence & Feedback 19:07 Women Entrepreneurship 21:12 The Feminine Relationship with Being Seen & Being Heard 24:42 The Money Mindset 26:38 Dedication to Serve 28:30 Offering Services 30:18 Setting a Price 32:14 Money as the Seed of Creation 34:00 Phases of Entrepreneurial Growth 35:38 Money, Success, Leadership, Being Seen/Being Heard 37:32 The Journey of Entrepreneurial Growth 38:55 Self-Worth & Self-Mastery 42:40 Final Thoughts on Having Community --- About Going Pro Yoga: At Going Pro Yoga, we help yoga teachers become even better by teaching them new skills and giving them the tools they need to make their yoga classes safe, fun, and special for everyone. **Right now you can try Going Pro Yoga FREE for 7-days and sample: All Tools Needed to Master Cueing, Sequencing, and Alignment Video Library of over 75 fully Sequenced Classes, Sequence Chunks, and Flows FIRST EVER Yoga Cueing System with Over 160 poses and Hundreds of Variations Wisdom Talks from over 20,000 Hours of Teaching Experience Anatomy and Injury Prevention as it relates to Yoga. To Learn More, Visit Going Pro Yoga, and ⁠⁠⁠Start your 7-Day Free Trial⁠⁠⁠! For more information about in-person trainings in Bali, ⁠⁠https://www.elementsofpoweryoga.com/advancedtrainings⁠⁠