* If we do not worthy (enough), we will not feel confident to charge enough money for our services, or even if we increase our prices, it is likely that on a subconscious level we will not be able to attract clients who are able and willing to pay us that (because we would not believe that we truly deserve it and that we are worth it). Undercharging leads to under-earning.
* If we have low self worth, it can be very difficult for us to raise our prices. As my money mindset coach would wisely say, it is ‘easy’ to add one or more zeros to our prices, but it can be very hard to raise our self worth to match that numbers and reprogram our mindset in order to truly believe that there are people out there who are willing and able to pay us that amount of money.
* If we do not feel we are worthy of success, we may doubt our abilities and sabotage ourselves on a subconscious level form achieving great(er) things in our career or in our business and consequently sabotage ourselves from earning more money.
* Low self worth can lead to the impostor syndrome and persistent self doubt, self sabotage, or getting into a huge debt (due to pursuing one prestigious certificate or degree after another in order to compensate for low self worth).
* Lack of self worth can lead to lack of self belief (self belief), which can hold us back and negatively impact our performance on promising job interviews, sales presentations, client enrolments, public speaking events, important business meetings and negotiations… We may also hold ourselves back from applying for a promotion, asking for a raise, progressing in our workplace, and proactively seeking new opportunities to grow, learn, and achieve higher levels of success.
* Low self worth on a subconscious level can sabotage our effort to attract new clients or sell our products and services, if on a subconscious level we do not believe that we deserve success, or that we have ‘a lot’ to offer to our prospective clients and customers.
If we try to compensate our low self worth with luxurious material things (big house, expensive car, luxury bags and shoes, branded watches…), that are beyond our spending capacity, that can lead to accumulating huge amounts of debt (on liabilities).
* If we do not deserve that we are worthy of love, we can try to compensate our feelings of unworthiness in relationships, by ‘buying’ love and friendships with lucrative gifts, or giving ‘too much’ of our money, even at the expense of our own financial wellbeing. I’ve had clients who went into huge credit card debts by ‘helping’ friends and family members who were mercilessly taking advantage of them.
* Low self worth can make it very difficult for us to set healthy boundaries in our business or at the workplace, which can lead to overworking, doing other people’s work (which they are paid to do), giving our advice, services, or products away for free (more than we can afford to), allowing people to haggle with our prices, giving endless discounts…, which can lead to burn out syndrome, poor productivity at work, or closing down our business due to insufficient profit (I know a lady who was giving away products in her shop for free so much that she had to close her shop, and many life coaches who are struggling financially due to giving their advice for free to anyone).