How do you know when something is a cost you can cut or an investment you protect? This is one of the most common and misunderstood business dilemmas. If you struggle with decisions that involve pausing a subscription, delaying a hiring, or cutting out coaching because it feels expensive, then you could benefit from practical tools and perspective shifts that help you make smart, more confident spending decisions.In this episode of She Thinks Big, you’ll learn a clear, five-question checklist that you can use to evaluate your business expenses. I’ll also share my process for assessing your top recurring expenses and experimenting with gray-area (i.e., maybe) decisions so you can lead with strategy, not fear.2:37 – Why “Can I afford it?” is the wrong question to consider5:33 – Question checklist (with examples) to determine if something is a cost or investment9:51 – How investments often return more than the sticker shock suggests 11:32 – Four examples of how common expenses fall into cost or investment categories13:18 – Putting the question checklist to the test right now14:26 – A question to ask yourself if you’re on the fence about a spending decision16:28 – Simple three-step test for spending decisions19:09 – Three small actions you can do this weekMentioned In Are You Spending or Investing in Business Growth?Ascension CollectiveSilent Saboteur AuditShe Thinks Big by Andrea LiebrossAccess the Strategic Decision Guide: Cost vs. InvestmentBook a 15-Minute Accountability Call with AndreaInternational Coaching Federation (ICF)Andrea on LinkedIn, Instagram, and FacebookDon’t Just Listen—Implement ItUntangle your time, reset your role, and build systems that don't depend on your every move. No more white-knuckling your way through success because you're not just scaling your business, you're scaling yourself.Get the clarity and capacity to lead differently and ascend to your next level. Learn how and join us at andrealiebross.com/ascensionUntangle your time, reset your role, and build systems that don't depend on your every move. No more white-knuckling your way through success because you're not just scaling your business, you're scaling yourself.Get the clarity and capacity to lead differently and ascend to your next level. Learn how and join us at andrealiebross.com/ascension.

Ver todos los episodios