In this episode of Balanced Insights, Sierra Thomas, CEO of Touché Financial Solutions, reflects on her challenging week managing client deadlines and tax extension requests. She emphasizes the importance of adaptability and recalibration in both personal and business life to finish the year strong. Sierra offers valuable insights, discussing strategic decision-making inspired by successful entrepreneurs like Ray Dalio, Bill Gates, and Warren Buffett.
She also delves into cash flow management strategies, including refining payment terms, automating invoicing, and considering leasing over purchasing to sustain operations. Additionally, she explores an article highlighting the struggles of Black women in nonprofit leadership and offers advice on self-advocacy and community support. The episode concludes with a Q&A segment revealing that social media remains the most effective marketing tool, although word-of-mouth still reigns for service-based industries. Tune in next week for more financial insights and practical tips.

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