Financial Intelligence: Stop Running From Your Numbers

25/02/2025 31 min Episodio 47
Financial Intelligence: Stop Running From Your Numbers

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Episode Synopsis


In this episode, we tackle the often-avoided topic of financial intelligence in business. We discuss why many entrepreneurs, especially women, shy away from their numbers and provide practical guidance on developing a healthy relationship with your finances. Through personal stories and practical advice, we break down the barriers that keep wellness creators from achieving true financial intelligence.Key Takeaways:Numbers are neutral facts - it's the stories we tell ourselves about them that create fear and shameFinancial independence is possible regardless of whether you're part-time, have family commitments, or are just starting outSeparate your personal and business finances from day one (LLC in US, holding company in Canada)Find an accountant who can be a true business partner - don't be afraid to ask "dumb" questionsCelebrate every sale, no matter how small - you can't get to 100 sales without getting to 1You need at least a year of data to make meaningful business projectionsCompare numbers year-over-year rather than month-to-month to account for seasonal patternsThe path to financial security and independence starts with facing your numbers head-onReferencesMarvelous Software PlatformWell Well Well Marketplace
References:Marvelous Software PlatformWell Well Well Marketplace