How I Turned 'Rock Bottom' Into $10k | Millennial Entrepreneur Magazine

How I Turned ‘Rock Bottom’ Into $10k

They say life is like a roller coaster.

I just happen to be an adventurous go-getter that commits to riding it full force. I’m not one for mini-golf, ya know?

So, I did what many inspired millennials do, and hopped on the biggest ride of all: Entrepreneurship.

A Thrilling (and Bumpy) Ride

If you have ever started your own business, been fired, or quit a job, you can relate to the rollercoaster of emotions that entails. You buckle up, know it’s going to be a long ride, and you anticipate there will be ups, downs, turns, and thrills. But ultimately, you know it is going to be worth it when you reach success in the end!

The kicker thing is, you never know when the drops and thrills are about to happen.

Rock Bottom

Hitting Rock Bottom: There’s No Way but Up

My biggest drop on the roller coaster was a day I’ll never forget. While sipping coffee on a sunny Tuesday morning, I was cruising through emails, and remembered to check my bank account.

I logged in, and my heart sank.

My palms started sweating.

My face filled with heat.

I ran across the street to Golden Gate Park and started crying.

“I’m broke.”

I felt totally devastated in that moment. I had never seen so little in my bank account. The rollercoaster was coming to a screeching halt, and I had a decision to make: Keep crying and drag myself back to a desk job, or pull my chin up and “make it work”?

Hanna Hermanson Rock Bottom Entrepreneur
Hanna Hermanson of Dream Life is Real Life

Turning ‘Rock Bottom’ into $10k

After all that crying and self-pity, I decided to pull myself together and make it work. And 30 days later, I had generated $10,000. How did I go from rock bottom to raking in $10k? Here’s what I had to do to make it happen…

Step 1: Let Go of the Numbers

I was so focused on my bank account, that I wasn’t remembering what the numbers really meant. We can create any story we want around money, so I decided to think of all the money going out as investments and experiences.

If I had a huge number in my bank account for 3 months, what would happen? I would get some interest, maybe. If I was spending real money on personal and professional development for a few months, what would that mean for my life and business?

Hm, maybe it is a good thing I’m using my money, instead of just sitting on it, I thought. That leveled out my sense of desperation and panic.

Step 2: Asked for Support

Success is never a random, personal achievement. I wasn’t going to earn money by beating myself up, and I knew I had a lot of resources already. So, I reached out to mentors, started showing up in relevant Facebook groups, and reviewed all the notes I’d collected from entrepreneur interviews, personal development books, and business trainings.

DUH! I already had all the answers and tools to make my dreams work. I just needed to reach out for support.

Step 3: Acknowledged that My Only Option is Success

When I thought I was “broke”, I was more motivated and focused than ever. The feeling of rock bottom is exactly what I needed to finally integrate all that I had been thinking about, consuming, and putting off.

Now, there was no option but to make my business work, and find the right people to join me. It’s remarkable what happens when your back is against the wall.

“There’s only one certainty in business: You can’t succeed if you quit.” – Darren Hardy, The Entrepreneur Roller Coaster

Giving Value in Entrepreneurship

“Showing Up” and Providing Value

I took my fresh money mindset, new connections, old resources, and motivation into making new relationships with clients. Without the stress of failure (I was beyond that), or knowing exactly how I was going to make money, I was able to show up with curiosity and actually offer value and support to other people. And THAT, my friends, is how you earn money.

Acknowledging ‘Rock Bottom’, and Reaching for the Top

So many of us face this problem every day: “I’m broke”. We think that we aren’t enough, don’t know enough, or don’t have enough– and we stay stuck in fear and scarcity. Yet, when you let go of numbers and other measures of “success”, and you ask for help– success finds you. And, it won’t even feel like work.

Surrender to your greatness right now, and use what you have to create the income and life you have been dreaming of. It might sound cliche, yet I have to remind you– dream life IS real life!

Have questions about fostering a mindset of value and potential? Leave them in the comments below!

How I Turned Rock Bottom into 10k

1 thought on “How I Turned ‘Rock Bottom’ Into $10k

  1. Hanna is an amazing coaching with so many valuable lessons to offer! She coaches in a way that is relatable and realistic, yet she pushes you to reach goals bigger than you would dream of!
    Dream Life IS Real Life 🙂

Leave a Reply

Your email address will not be published. Required fields are marked *