189: It’s All About the Money [Podcast]

Company of One

When it comes to your financial success at work, it is all about the money. Yet, in the United States, over 70% of the population lives paycheck to paycheck - barely making enough to make it through the month. I can only assume this is true of most other countries also. And - the amount of money does not matter. People are living in poverty to those who should have - based on their monthly income - plenty of money. As I have worked with entrepreneurs - and wannabe entrepreneurs, money is often the trap keeping them from taking the leap. But as we look back at the roles in your Company of One, the financial role is a big one. Their Chief Financial Officer or CFO. I usually refer people to Dave Ramsey or I Will Teach You to Be Rich to learn these concepts, but too often, I find myself in conversations with coaching clients where I have to teach them some basics about money. So today, I am picking back up on your Company of One - and diving into the role of your chief financial officer. It's All About the Money The number one thing keeping us from being free is bad decisions with money. Simple rules for winning with money: Have a plan for your money (spending plan). Pay yourself first (The Richest Man in Babylon) Get rid of the debt (See Dave Ramsey and I Will Teach You to Be Rich Avoiding the number one trap - comparing yourself to others. Realize the truth - many people are lying about how much wealth they have. Some people are temporarily wealthy. They have short term wins they think will last forever. Truly wealthy people do not need to prove how wealthy they are. The truth will always come out sooner or later. Click here to listen now. Subscribe & Review in iTunes Are you subscribed to my Company of One? If you're not, I encourage you to do that today so you don't miss an episode. Click here to subscribe in iTunes! If you like what you hear, I would be really grateful if you left me a review over on iTunes, too. Those reviews help other people find my podcast. I also love reading them and connecting with you. Just click here to review, select "Ratings and Reviews" and "Write a Review" and let me know what your favorite part of the podcast is. Thank you! Links mentioned in this episode: The Richest Man in Babylon I Will Teach You to Be Rich Dave Ramsey Previous Episodes on this Topic The Company of One Model Episode 174: Grow Your Own Company of One Episode 175: The Three Kinds of People at Work. Which one are you? Episode 176: Seven Things You Must Know About Your Boss Your Chief Operations Officer Role Episode 177: Become Better at Your Job Episode 178: Three Tools for Powerful Focus and Incredible Results Your Chief Marking Officer Role Episode 179: 17 Ways to Market Yourself Episode 180: How To Calculate How Valuable You Are To Your Boss Episode 181: How To Become More Valuable To Your Boss Episode 182: 11 Steps to a Better LinkedIn Profile for Marketing Yourself Episode 183: Use Your Curiosity to Market Yourself on the Job