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Reality Check no. 5: Making 'Em Pay Or Giving It Away?

Use to form below to fill out your answers. We will email you a copy of the completed form which you can print and paste into your Ambition Journal. NOTE: Your name and e-mail will never be published; we need them simply to tell that you are a real person and so that your completed forms can be e-mailed to you.

In order to earn our worth, we have to feel entitled to make more money and we must feel good about making a lot of money. This is a hard concept for many women to wrap their minds around.  Would you answer true or false to the following statements?

True or False?

Name:

Email Address:

You've never visualized yourself as being wealthy, financially secure, and fully in control of your money, assets and investments, no matter if you are single or partnered, and no matter what stage you are at in your career.

true false

The idea of earning a lot of money—as much as the highest earners in your industry earn, or maybe more—makes you cringe. It makes you feel greedy. Or morally bankrupt, because money is tainted with incorrect values. Or you feel you aren't qualified to earn that kind of money.

true  false 

You don't know what the highest earners in your industry or profession earn.

true  false 

You have no clear sense of what the range of total compensation packages are for people with your training and expertise—including bonuses, stock options, early salary reviews and signing bonuses. You don't know how to go about finding this information.

true  false 

If any of these statements mirror how you think about money and earning your worth, then we have some work to do. But don’t despair; you’re definitely not alone.

Now dig a little deeper:

Do you charge less than you know you're worth?

true  false 

Are you being paid a salary or total compensation package that you know is below industry standards, but you consider yourself lucky to have this position anyway, so you say or do nothing to correct the situation?

true  false 

If you're self-employed, do you raise fees with current and new clients at least once a year?

true  false 

If you work for someone, do you ask for yearly salary reviews? Or if yearly salary reviews are standard, do you ask for a six-month performance review?

true  false 

Would you have the guts to ask for a review at three months if you'd just delivered dazzling results that were directly responsible for boosting your company's (or division's) earnings unexpectedly for that quarter?

true  false 

If your boss holds out a carrot promising a promotion, do you check in regularly to ask "How am I doing?" reminding him or her that you're gunning for it?

true  false 

If you received a raise or bonus that was far below what you knew you'd earned, would you challenge it by taking it up with your boss, or even going over your boss's head?

true  false 

Do you pass on referrals to colleagues rather than saying, “"Hire me; I'm the best at what I do?"

true  false 

If you are a consultant, do you charge your fees up front?

true  false 

Do you take advantage of opportunities to position yourself as an expert who can command higher fees? Do you jump on chances to be recognized at industry meetings, in the media, or among potential clients?

true  false 

If you're attending a conference or a team meeting, and you have something you'd love to say or a question you'd like to ask, do you stand and speak up? Or do you keep your mouth shut because you prefer to fly beneath the radar when you're around colleagues?

true  false 

Do you write and publish articles, books, tips sheets, briefs, and so on, so that your expertise gets circulated among potential clients, colleagues, and industry leaders? 

true  false 

If your answers made you wonder whether you are comfortable being more equal than othersand if your answers made you wonder if you're earning your worth, you're in good company.

true  false 

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About

I’m all about creating ways for ambitious women to share our stories with each other.

I am a business psychologist, researcher, author, executive coach, and career advisor. I lead workshops and lecture frequently on women’s need to embrace our ambition. I founded the Women’s Business Alliance, a motivational think tank for more than 2,500 women. For more details, see my about page.

I’d love to hear your story. Ambitious women owe it to ourselves—and the world—to make the contribution we were born to make. Let’s keep the dialogue flowing.

30 Boxes //
Debra Condren

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