“YOU get to define what being financially successful means to you.”
— Melissa Houston
Spoiler: this episode reveals 6 proven ways that your small business will make you wealthy (don’t worry, no get-rich-quick schemes are included)!
If you’ve been building your business without a full understanding of how your businesses finances impact the success (or failure) of your business, then you’ve been lucky so far… and that luck will run out eventually. In order to consistently make the most profitable decisions for your business, you must understand — and feel comfortable with — your finances.
Good news: you don’t need to be trained as an accountant in order to think like a CFO! In fact, honing your money management skills makes up only 20% of the work that you must do in order to create your wealth. The other 80% is healing your money mindset, and this episode offers a blend of both! You’ll learn how to embrace your own definition of financial success, how to set revenue goals optimized to complement your lifestyle goals, and how tax-saving strategies can double as wealth-enhancing tools.
Listen now and discover:
- Why your business is more than just an income-generator — it is also a financial asset to nurture and protect
- How to create a business that is better protected against instability in the marketplace
- Why you should NOT feel any shame or guilt when it comes to building your wealth and upgrading your lifestyle
Highlights:
00:51 Intro
01:36 Financial plan reminder & shout-out
02:59 Why money management skills matter
04:30 You define your own success!
05:18 Money mindset
06:33 Your business is a financial asset
08:05 Controlling your revenue & profitability
10:12 Creating multiple income streams
12:19 Selling your business
14:18 Tax-saving strategies & wealth
Links:
The Ultimate Creative – Podcast Production
https://theultimatecreative.com
Copy Magic Creative Agency – Show Notes
She Means Profit #107 – Misconceptions, Manifestation & Money Mindset
Don’t Miss These Essential Tips When Planning Your Business Exit Strategy
How to Sell Your Business Using a Thoughtfully Planned Exit Strategy
Link to calendar (free 30 min consult call)
Main website 🡪 https://shemeansprofit.com
Offers 🡪 https://shemeansprofit.com/offers
Cash Confident Course 🡪 https://melissahoustoncpa.lpages.co/cash-confident-sales-page
What’s Your Profit Personality? (quiz) 🡪 https://www.tryinteract.com/share/quiz/62ddb2293d71af001892a3a9
Follow me on:
LinkedIn @melissahoustoncpa