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Episode 11- The Important Business "Money Stuff"

Episode 11- The Important Business "Money Stuff"
May 24, 2019 · 19m 20s

Question of the day: What is the best way to get the people I want to work with to talk about such an unsexy topic like business finances? Jocelyn interviews...

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Question of the day: What is the best way to get the people I want to work with to talk about such an unsexy topic like business finances?

Jocelyn interviews business and money consultant, Meg Wheeler, about the importance of hiring help with business finances as an entrepreneur.

Today’s top takeaways:
Growing and scaling your business revolves around how much money you have and how you’re continuing to grow your income sources.
Get a separate bank account for your business like Azlo (https://www.azlo.com/) free business checking for entrepreneurs.
Talk about unsexy topics in your business from the perspective of how it will help your client reach their goals (i.e. promote what the digital nomad life feels like instead of speaking about gross versus net income).
Joscelyn shares her experience working with brick and mortar financial advisors who don’t understand how people make money online.
Treat your business like a business, not a hobby. You can’t say,” I’m not taking it very seriously” because the IRS will take it very seriously.
Your business finances are about so much more than taxes. Knowing your numbers allows your business to grow and become more profitable.
Schedule regular money meetings with yourself - every week when you’re just starting - to get familiar with your numbers and help you create a budget for your business.
If you’re feeling overwhelmed and simply don’t know where to start, check out Meg’s free quickstart guide (https://megkwheeler.com/category/starting-biz/) and Biz Money Blueprint course (https://megkwheeler.com/blueprint).

If you like this podcast, please leave a review wherever you are listening.This episode was brought to you by Today's Plan (https://www.thedigitalmarket.co/dailyplanner.html) and my daily goal setting worksheet. The daily planner was created to improve your ability to stay on track, get your to do list done, and make sure you have a better work life balance. You can find that at thedigitalmarket.co/dailyplanner.

In addition to her website megkwheeler.com, she can be found on Instagram on @megkwheeler.

Have a question?

You can submit it at www.thedigitalmarket.co/podcast.
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Author Jocelyn J. Kopac
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