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For Entrepreneurs: Part 2

Px6: Self-Assessment for Aspiring Entrepreneurs
Read Introduction
Read Part 1: Promises
Read Part 3: Perceptions
Read Part 4: Progress
Read Part 5: Promotion

2/8 Axis: Possession

The things we choose to own and value, whether tangible and not, are indications of how we perceive our power and control, and that of others in our sphere. The choices we make around purchases, possessions, power and control show the world what we value most: Money? Love? Friendship? Something else? What about yourself?

As we interact with our possessions and power, we also notice what other people have and how they use it. When we do, we say and think things like, “He’s so self-important!” “I covet her earrings!” and “I wish I had his compassion.” Jealousy and envy can cut us off at the knees because it wastes our energy on wishing to have, or to be, something else.

2nd House: My Possessions
To get clarity on how your values are expressed through your possessions and power create a four-column table, with each of the following questions at the top of each column. Answer each question for yourself in turn.

1) What do I own and control? It is important to list material possessions as well as intangible ones such as your sense of humor, your writing talent and your flexibility.

2) What do I fear losing? Why? The sense of owning something is always tied — however unconsciously — to the fear of losing it. What does each possession listed in question 1 bring to my life? What would I likely feel, do or (most importantly) be if I lost it? Is it really true, or just a reflexive reaction? Why do I believe that?

3) How do I exercise control? This is a tough question whose response might take another person’s help. What’s important to look at here is how you respond to the potential loss of those assets listed in question 1: When you feel financially uncertain, for example, how do you take control of your money? Do you try to make more, save more, ignore it, blame external circumstances? When you experience adversity, do you seize on your sense of humor to get you through—or not crack a smile until times are better? When fear of loss or change is afoot, how do you cope?

4) What is the source of my self-worth? Go through your list in question 1 one more time and see if you can identify how each item relates to your self-worth. Is it important to your self-worth that you have money? That you are always upbeat? That you are correct more often than not? What does each item contribute to your self-worth? And if the source of your self-worth is not listed in question 1, can you identify what it is? Who is in control of it? (We’ll come back to this in the 8th house!)

Bonus Question: How much do I believe I’m worth? Can I ask for that much? Now we really are talking money. Realize that money is a symbol for value: how much you value yourself, your time and your product. Can you say, “I charge $100 an hour” without apology? If not, how low do you have to go? How high can you go? Try saying different figures out loud. How does it sound? How does it feel in your mouth?

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8th House: Other People’s Possessions
To get clarity on your relationship with other people’s power and possessions, again create a four-column table, with each of the following questions at the top of each column. Answer each question for yourself in turn.

1) What do others have or control that I want? Consider the tangible assets of others as well as skills and talents, reputation, values and principles, intellectual or creative property.

2) How do I feel about and respond to wanting those things? Am I envious or jealous of what I don’t have? If so, how much energy do I spend on those feelings?

3) What would those things do for me? If I had those things, or something like them, could they advance my business? Or are they personal desires that distract from my focus? Does my desire compromise my business choices—for example do I assume someone else’s success means there is no room for my own? Do I assume someone else’s possessions or power are unavailable to me? If I assumed, instead, that the world will provide the things I want, what would happen to my life, my business and my sense of self-worth?

4) What purpose does my desire serve? Might it highlight some area where I feel lacking or powerless? How could I reframe my experience of desire in a more constructive way? How can I retool my desire into creative energy that serves my business better? How can I transform my sense of poverty into a sense of abundance and trust?

Bonus Question: Do I have an abundance mentality or a poverty mentality? Do I reactively feel that others’ wealth, luck or success threatens my own? Do I trust the world to take care of me? For example, do I believe the world will send me the clients or customers I need? Provide the right structure and system for getting my product to market? If not, how can I recast my worldview into one of abundance?

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Take Me to Part 3!
In Part III, you’ll explore the base of knowledge and wisdom that you use to create your product, service and business. You’ll see who the giants are on whose shoulders you stand, and explore how you are slowly becoming a giant yourself by using life experience to create wisdom, skills and your unique brand. Take me there now.

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