Creating Financial Abundance with Shanda Sumpter

Published: Nov. 1, 2016, 9 a.m.

Mission #36

On Board: Shanda Sumpter
Mission: Creating Financial Abundance

The Co-Pilot:

On this episode of Stellar Life, we have the pleasure of hearing from the inspirational Shanda Sumpter. Shanda is a nationally recognized business coach, author, and speaker. You may have heard of her thanks to her bestselling book, Core Calling: How to Build a Business That Gives You a Freedom Lifestyle in 2 Years or Less.

As the founder of HeartCore Business, Shanda is experienced in guiding people to financial and personal freedom, and, after listening to this episode, you’ll understand how closely the two are linked. She explores the psychological and emotional traps that may be keeping you from financial freedom, and she makes a compelling case that taking care of yourself is a better path to success than long work weeks and burnout.

Shanda takes her philosophy one step further, giving more reason for us to listen to her words of wisdom. Once you have success, she tells us, you should share it generously. She shares this and other tips in an interview that’s sure to help you live a stellar life!

Connect with Shanda Sumpter:
Core Calling: How to Build a Business That Gives You a Freedom Lifestyle in 2 Years or Less
HeartCore Business
Facebook: HeartCore Business and Shanda Sumpter Freedom Coach
Twitter: @HeartCoreWomen


The Mission Log:

  • [02:30] - We hear about the best thing that happened to Shanda this week.
  • [02:57] - Shanda introduces herself and explains that she helps people create cash flow--and also how to be generous with that cash flow.
  • [04:02] - Humble beginnings and a broken family serve as empowering factors for Shanda, and she gives us some insight into this. We also learn about the value of hard moments in life.
  • [06:22] - Joel Osteen’s new book, Think Better, Live Better, can help you get your head in the right space to transform pain into positive change.
  • [07:22] - Shanda talks about the difference between intellectually knowing that you should do something versus actually taking your own advice and surrendering into the coaching.
  • [08:15] - We learn about the turning point from when Shanda had $500 in an envelope in her closet to when she transformed into the woman she is today. It took the thought of going back to Canada to push her into figuring out a way to change her life (and be able to stay in the U.S.).
  • [10:24] - Sometimes an opportunity is present, but we stop short of finding the solution. Shanda gives an example of how showing up and pushing for what you want eventually gets you there.
  • [11:22] - Shanda answers Orion’s question of whether showing up and going for what you want is the secret ingredient that makes women successful. She tells us we have to “stop stopping” and gives us an example of a woman who is too hard on herself.
  • [12:21] - Shanda tells us what she thinks is the biggest secret to success.
  • [13:10] - How do we know whether to keep going or whether to quit (or at least change directions)?
  • [13:20] - How can we get over “I’m not good enough”? Shanda reiterates her point again: “Complete what you start.” She then elaborates on how this applies to making money and how that, in turn, means you can make a difference in the world.
  • [14:22] - We learn about how important it is to keep your word to yourself by completing what you start. She memorably tells us, “Don’t hit snooze on your life!”
  • [15:10] - Does Shanda have any advice about the fact that many people’s self-worth is intimately linked to their income or financial situation?
  • [17:19] - Orion asks whether Shanda has any fear of rejection, and Shanda muses over the question. She explains how a fear of rejection has manifested itself in her life.
  • [18:09] - She gives advice on how to improve your fear of rejection by giving up the idea of perfection or comparison.
  • [19:02] - Shanda offers a new perspective on fears: they’re a sign that you’re stretching outside your comfort zone, so in a way they’re a good thing.
  • [19:35] - How does Shanda help people break through their fears about money abundance and achieving goals? (Hint: it’s probably not what you would expect!)
  • [21:27] - Shanda gives a compelling example of how endurance running--her answer to the previous question--is a more wide-spread solution among successful people than we may realize. She references the book Living with a SEAL: 31 Days Training with the Toughest Man on the Planet by Jesse Itzler.
  • [23:05] - When Orion asks about the fastest way to grow a business, Shanda’s answer is simple: “Build an email list and learn how to sell to it.” Of course, that leads to the question of the best way to build an email list, and Shanda answers in detail.
  • [24:24] - Shanda explains a bit about her book Core Calling: How to Build a Business That Gives You a Freedom Lifestyle in 2 Years or Less.
  • [25:01] - “Connection is currency,” says Shanda, and this is particularly applicable to email lists. She uses everyday examples from her life to connect with her readers and inspire them to grow.
  • [26:12] - Shanda talks about the value of “flextime,” which means she doesn’t work the last week of every month or the month of December. She applies this to the concept of athletes and recovery.
  • [29:46] - Flextime has made a huge difference for Shanda, and she explains both the good and the bad of the initial foray into flextime.
  • [30:19] - What is Shanda’s success system?
  • [30:51] - Where does Shanda draw boundaries in terms of her generosity? She explains that she doesn’t have boundaries.
  • [32:18] - How does Shanda’s belief in the Law of Attraction work for her?
  • [33:12] - Through the stories of a Porsche and a Facebook team, Shanda explains how you see what you want--and how keeping your eyes on what you want can help you get it.
  • [35:40] - Shanda gives another example of how opening someone up to a possibility can lead to positive results, using a story from Wayne Dyer, then relates that to a health situation in her own life.
  • [37:08] - Shanda says that “being obsessed with the end result” will lead to positive things happening quite quickly, a concept she illustrates with the story of finding her fiancé and starting a family.
  • [38:20] - We hear about the advice and coaching that Shanda got when she was in search of a lasting relationship. By following her coach’s rules, Shanda developed a new understanding of how to approach relationships.
  • [39:40] - Shanda creates the success in her company based on three formulas. There are also formulas that make her relationship work. These formulas, and the way you think, have a profound impact on your life.
  • [40:29] - Having a baby with someone she’d known for only three months is the craziest thing she’s ever done, Shanda tells us--and it clearly worked well for her!
  • [41:13] - Orion asks Shanda her three tips for living a stellar life. The answers include figuring out your finances, taking care of your body, and tithing or giving back.

Your Pre-Flight Checklist:

  1. There are wise pieces of advice that we intellectually know but don’t actually follow. Identify an instance where you aren’t following your own advice, and then resolve to “surrender into the coaching.”
  2. Write down two or three hardships you’ve been through. Then, for each one, write down several ways the hardship has actually led to positive outcomes in your life.
  3. Shanda believes one key to success is to “stop stopping.” Think about something that you’ve given up on recently, whether from frustration, boredom, or a sense that it will never change. How can you keep pushing at this issue until it resolves successfully?

Links and Resources:

Core Calling: How to Build a Business That Gives You a Freedom Lifestyle in 2 Years or Less
Think Better, Live Better by Joel Osteen
Living with a SEAL: 31 Days Training with the Toughest Man on the Planet by Jesse Itzler.
Flextime
The Law of Attraction
Wayne Dyer
Tough Mudder
Spartan race
Stellar Life on Facebook