Set up financials for business
(2:45) “The irony is that worrying about money is the biggest reason why people stay in their full-time corporate jobs, despite longing to do something else. They hold onto beliefs that a stable salary from one employer is the safest way to live and work, that freelancing or running your own business is inherently risky and poorly rewarded, and that their mortgage payments and very comfortable lifestyle would suffer if they were ever to quit their job.”
(5:15) “Before even getting to the numbers themselves, you really have to start with your mind-set. A lot of us have money ‘stories’ that we’ve developed over the years, inherited from our parents and from our personal experiences from school, TV, whatever. Maybe your parents argued about money when you were growing up, or it was a taboo subject that no one talked about… As a result, you have a lot of beliefs on the topic of money, beliefs that can hold you back when it comes to running your business successfully.”
(8:37) “You may be a maths whizz who loves Excel or gets excited by budgets and income targets and accounting reports… in which case congratulations you probably know more than I do! If not, however, you don’t want to be sticking your head in the sand and ignoring those numbers altogether! You don’t need to become an accounting expert, but you definitely need to understand at least the basics of how your business works, what you’re spending, and what you’re actually earning.”
*Resources mentioned during the episode*
Mindset blog post – Facing the Fear: Breaking free of your beliefs. Take a look at your own money story and see how you can start to challenge those beliefs. Read the post here >>
Reimagining Success Podcast – Episode 8, nine mindset shifts you need to make when working for yourself. Listen to the episode >>
Profit First – Transform your business from a Cash-Eating Monster to a Money-Making Machine. Find the book here >>
Book a call to discuss the best fit for you– Apply for a free 30-minute consultation call where you can ask all your questions and find out how Anna can best support you, whether in your personal or your professional goals. onestepoutside.com/call
*If you like what you hear, then make sure that you subscribe to the podcast so that you never miss an episode!*
This is all about you, so Anna will be asking you for input, questions, feedback to help her create content that answers your needs and helps you with whatever you’re working on at the moment. Get in touch with any questions or suggestions at podcast@onestepoutside.com.
Thank you so much for listening to the Reimagining Success podcast!
The Outsiders Business Accelerator
An ongoing mastermind for service-based business owners, freelancers and online entrepreneurs who are ready to achieve success on their own terms.
WORK WITH ANNA
Let us help you design a business and a life that gives you freedom from the 9 to 5. There are several options for how you can work with us. Choose the programme that’s right for you.
The Outsiders Business Incubator
A year-long business incubator for experienced corporate professionals who want to translate their skills and passions into a profitable and fulfilling business. onestepoutside.com/9to5
The Outsiders Business Accelerator
An ongoing mastermind for service-based business owners, freelancers and online entrepreneurs who are ready to achieve success on their own terms. onestepoutside.com/accelerate
The Outsiders Business Academy
A self-paced course for you to work through in your own time, to learn – and implement – the foundations of building a profitable business that lets you escape the 9 to 5. onestepoutside.com/course
1:1 Coaching & Mentoring
If you’re looking for one-to-one support to help you achieve your specific life and business goals, Anna has a limited number of spots for individual coaching and mentoring. onestepoutside.com/coaching
