2: Three Reasons You Don't Have Cash on Hand Even Though You Have a Multi-6 Figure Business
Manage episode 411746543 series 3556797
Are you currently making multi-six figures in your business but seem to never have the cash in your business bank account to show for it?
You realize you’re great making money, but you seem to know even better how to spend it.
But, now that you’re scaling, can’t tell what money coming in is truly “spendable” and what you need to save for taxes, what should be used to pay off debt, and what to save so you can pay yourself consistently, even when your revenue is inconsistent.
In this episode, Iyanna is sharing how you can stop being avoidant, learn how to look at your cash flow (and why it matters) and how to create healthy cash flow in your business so you can pay yourself and achieve your personal wealth goals.
02:18 — The subtle (and not-so-subtle) ways poverty mindset makes you avoidant and causes you to have cash flow issues
05:39 — You need to assess your trends to know how any decision impacts every area of your finances
07:35 — How to create a plan to define success for each of your numbers
13:26 — The real reasons why you're avoiding your money and the habits you have that are keeping you stuck
15:34 — Why you aren't looking at your numbers and finally gain confidence to review your reports
20:13 — How to gain confidence with knowing your numbers and how to use them
👉 Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
📚MENTIONED IN THIS EPISODE
• Psychology of Money by Morgan Housel - https://amzn.to/3Tsyxc4
• Secrets of a Millionaire Mind by T. Harv Eker - https://amzn.to/3V76ro2
• Harmonious Cash Flow Planner - lovelyfinancials.com/cashflow
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
- Subscribe to Harmonious Wealth on YouTube and your favorite podcast app
- Leave a review on Apple Podcasts
- Take a screenshot of the review and submit in the Review Form here so we can email you if you win
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
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Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
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