Today I have the great pleasure of being the host on Day 5 of the Virtual Blog Tour of author Morgana Rae whose book Financial Alchemy: Twelve Months of Magic and Manifestation launches on Amazon on Monday January 23, 2023.
MORGANA RAE is the international #1 best-selling author of Financial Alchemy: Twelve Months of Magic and Manifestation. She is regarded to be the world’s #1 authority on transforming relationship with money. She has been featured in The Wall Street Journal, Yahoo Finance, all the major television networks, Coast to Coast Radio, and she was a recurring Money Maven on Fox TV. Morgana’s fans call her “the Money Goddess” because of the many documented examples of clients making unexpected income of 4, 5, 6, and even 7 figures within hours of changing their relationship with money. A pioneer in personal development for close to 30 years, Morgana writes, speaks, and coaches from a desire to empower idealistic entrepreneurs, artists, healers, and humanitarians to have a big impact in the world… and to heal the rift between heart, spirit, and money.
In her book, Financial Alchemy, Morgana walks you through her time-tested program to turn your personal Money Monster of scarcity into a Money Honey of abundance. The book is a self-guided system to help you uncover your limiting blocks to abundance and transform your relationship with money using a SUCCESS FORMULA that keeps you on track and positively “magnetic”.
Today, I’d like to share with you a recent interview I had with Morgana when I got to ask her some questions on attracting high-end clients plus other tips for coaches. I hope you enjoy it.
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Eric Van Der Hope: Could you provide us with an explanation as to what financial alchemy basics are?
Morgana Rae: My definition of Alchemy is the transmutation of leaden human experience into spiritual gold. “Financial Alchemy” also happens to translate into material gold, and people making lots of money.
When I first did this twenty years ago, there was nothing out there that was anything like my process. I really learned by testing it on thousands of clients over the last couple of decades, learning from experience what makes it work, and what makes it not work.
So the first distinction of Financial Alchemy® is that I make money a person. There are a lot of great teachers out there who talk about “relationship with money” but they’re talking about a relationship with an abstract concept like “energy” or “an exchange of value”. Deepak Chopra calls money a “divine field of abundance.” All of that may be true, but I don’t know how to have a relationship with a divine field of abundance! I know how to have a relationship with a person.
It wasn’t until I imagined who my money was that all of my financial struggles made perfect sense. My original money person was so terrifying to me that I saw immediately why I couldn’t have it in my life.
Here’s the big secret: if you are having trouble with money, it’s not an accident. If you are not making enough, or you are losing what you get, or it’s causing fights; then you are in a relationship with a Money Monster. This monster stands in the way of what you want to have, what you want to do in life, and who you want to be. We must get rid of the monster.
And only when the monster is gone can you have a new relationship with money–also as a person. This new relationship is the very opposite of your monster. Someone you can love and trust. Who loves you and guides you to your highest good. Someone you WANT in your life!
It’s just too hard to stay committed and devoted to a relationship with an idea. We make money a person instead of an idea so that the relationship will stick.
Eric Van Der Hope: There are many roadblocks on the way – on the journey of writing, authoring and publishing books. How do you get rid of these obstacles?
Morgana Rae: Well, first of all, there are inner and outer obstacles. I guarantee you that you will encounter both! What helps me with the inner obstacle is having a really big juicy WHY for getting the book done.
My first book and info products had been percolating in my mind for years, and I still wasn’t doing anything with them… until a giant speaking engagement dropped in my lap, and my reaction was, “Hooray! Oh, SH*%!” Because I didn’t have anything to sell except for coaching, and I knew I needed something to offer besides my time. I only had weeks to put together my first book that I had been taking notes on and writing for years and years. I came out with the first draft, which was full of flaws and not perfect, and people loved it anyway. Then I just kept making it better and making it better over the years, and selling it and honing it. Finally it became finished enough that agents and publishers became interested. I published it on Amazon in 2013, and it became a best seller in 7 countries, not all English speaking. Ten years later, here I am again. What was good enough in 2013 is out of date in 2023. I am vastly better at coaching clients into far bigger breakthroughs. Many more millionaires over the last decade. Time to make the book better, so here we are!
And, you know what? Everything that could go wrong has gone wrong! Set up delays. Crazy formatting challenges. The people I wanted to hire are no longer around. It’s endless. And that’s life! How do you overcome obstacles? Stop being afraid of obstacles. Have your tantrum for 30 seconds, and then find the opportunity. Something wonderful wants to happen.
That is really the secret of my success: turning lead, the things that you don’t want to happen, into gold; and making everything better because of the challenge, the mistake, the “whatever” that happened.
Eric Van Der Hope: How to Set Fees?
Morgana Rae: Fun! This is one of my favorite topics. The first step is to stop making money the enemy.
I know that sounds weird, because people don’t consciously think that money is an enemy. But every single time in your life you’ve said, “I can’t afford it,” or somebody told you that they couldn’t afford to give it to you, or there wasn’t enough money, money became the bad guy. Money became the scapegoat, the monster, and the obstacle between you and what you wanted; whether it was what you wanted to have, or what you wanted to do, or who you wanted to be. All the times you did things you didn’t want to do, to make money, money was the bad guy. Like a slave driver. So first you have to change your relationship with money.
This is the focus of the first part of my “Financial Alchemy” book. When you get rid of the monster, there are great things that you can do with your new relationship with money.
When I want to set my fee, I ask my new, personified Money “Honey” what I should charge. I have found that MORE people want me, and MORE people come up with my higher fees than when I was charging less. And the wild thing is I can NEVER predict who will hire me based on their current circumstances, and I never pressure anyone into saying “yes.”
For this to work, your fee has to feel fair and congruent to you. Higher fees happen naturally when you get a healthier relationship with money, and when you get more confidence in yourself and the value you bring. You get really clear on the benefits that you give to others. Your feeling of what is fair gets bigger and bigger and bigger.
Charging too little starts to feel bad physically. It starts to hurt. It feels like you’re betraying yourself. In fact my clients tell me they feel like they’re lying when they charge too little. It becomes too difficult and too painful to undersell themselves.
Years ago a favorite client named Athena Burke gradually raised her rates from $125 an hour to $10,000 a month over the course of just 5 months, because her new relationship with money kept nudging her to set a higher price point. Every month she’d ask her “Money Honey” what he wanted her to do, and she’d follow his instructions and raise her fee again. It was scary, but she did it! And she had a waiting list of people wanting to work with her at the higher fees.
I hope you enjoyed this interview with Morgana Rae and that you’ll check out her book Financial Alchemy: Twelve Months of Magic and Manifestation at: https://www.morganarae.com/book-prelaunch-2023
Here’s why:
Money, Love & Magic Telesummit!
11 Money, Love & Magic Mentors Share Their Wisdom on this FREE 3-Day Online Event
January 17th, 18th & 19th, 2023
12pm Pacific/3pm Eastern/8pm UK
Book your place FREE at: https://www.morganarae.com/book-prelaunch-2023
Over the course of 3 days, Morgana and her guests will be exploring how unlock your magical powers of manifestation to attract money effortlessly by putting LOVE first.
Here’s Morgana’s wonderful guest line-up:
- Morgana Rae – Coach, speaker, author of Financial Alchemy: Twelve Months of Magic and Manifestation @Morganarae
- Michael Stratford – Master Coach; Founder of MillionQuest. @GamifyYourLife
- Gabriela Berrospi – @gabywallstreet Forbes Finance Council Enseño a invertir en la bolsa de valores desde cero. Latino Wall Street.
- Jennifer Mclean – @meetjennmclean Author, Healer, Wellness Entrepreneur | Host, Healing With The Masters | Creator, Living Your Success Signature Business
- Doria Cordova – @DCCordova CEO Excellerated Business Schools® for Entrepreneurs/Money & You® Uplifting Humanity’s Consciousness Through Business since 1979. Join our Global Network!
- Marshall Burtcher – @bmburtcher Helping people-pleasers and codependents experience lasting peace, fulfilling purpose, and loving relationships in their daily lives
- Evan Marc Katz – @evanmarckatz Dating coach for smart women who have everything but the guy. Apply to Love U to gain confidence with men and create an easy, happy, committed relationship now.
- Pirie Jones Grossman – @pjgwellnessgirl Helps midlife women create their next best chapter! Best selling Author, 🎤TEDx Speaker, Psychologist
- Summer McStravick – @flowdreaming originator of Flowdreaming®, creator of M.E. School™, and Born to Make™.
- Shalini Yamdagni -@ShaliniYamdagni Int’l Pain Relief Expert. Best selling author of INSTANT PAIN RELIEF. Helping you break free from pain and create the life you want.
- Harrison Klein – @harrisonklein My passion is helping people with their life paths through consciousness awareness. I love seeing people get to their ‘a-ha!’ moments.
This special 3-Day Summit is Morgana’s FREE gift to you to celebrate the launch of her book, Financial Alchemy coming out on Monday January 23, 2023.
FREE GIFTS TOO!
When you buy Morgana’s book on Monday January 23, 2023, Morgana would like to give you the MP3 downloads of the Money, Love & Magic telesummit
PLUS…
You’ll also receive a complete library of beautiful personal development gifts from authors, speakers, coaches and other enlightened professionals from around the globe including one from me:
Building Stress Tolerance
To claim your FREE pass to the Money, Love & Magic Telesummit! and read about the free gifts, go to: https://www.morganarae.com/book-prelaunch-2023
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