161: Becoming A Better Business Owner Whether You Are Starting A Business Or Side Hustle
161: Becoming A Better Business Owner Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Business Owner, Or Self-Employed
As a business owner, you want to maximize your potential, both in your finances and in your personal growth. Learning how to invest in yourself so that you can become a better business owner is essential to not only your growth but the growth of your business as well. When you grow as an individual, you not only reap the benefits in your personal life, but you’ll notice that your business will benefit. In today’s podcast episode, I cover the major areas in your business that you need to incorporate so that you can become a better business owner. When you focus on these areas, you’ll see improvements in your personal life and your business. Whether you are starting a business or side hustle, you’re a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, when you tap into different areas in your life and invest in yourself you’ll start seeing new perspectives, have the ability to rejuvenate your business and create success while being the best business owner you can be…
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Show Notes:
As a business owner, you want to maximize your potential, both in your finances and in your personal growth. Learning how to invest in yourself so that you can become a better business owner is essential to not only your growth but the growth of your business as well. When you grow as an individual, you not only reap the benefits in your personal life, but you’ll notice that your business will benefit. In today’s podcast episode, I cover the major areas in your business that you need to incorporate so that you can become a better business owner. When you focus on these areas, you’ll see improvements in your personal life and your business. Whether you are starting a business or side hustle, you’re a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, when you tap into different areas in your life and invest in yourself you’ll start seeing new perspectives, have the ability to rejuvenate your business and create success while being the best business owner you can be…
Welcome Back…When you invest in yourself, you’ll become a better business owner. You’ll be better equipped to maximize your potential both in mastering your small business finances as well as your personal growth. I often hear business owners raise the concern about thinking that investing in themselves is not worth it, and they don’t see how it could impact the bottom line of their business. Many business owners don’t quite see the benefit, so I want to start off with a quick story that illustrates how beneficial it can be to a business owner.
I want to tell you about a client who runs a small marketing agency. They are talented, but their business had plateaued. They were stuck in a cycle of long working hours, struggling to retain clients, and not seeing the growth they envisioned. They decided to start investing in themselves. They attended a leadership workshop and started working with me as their certified life coach to improve their leadership skills and work-life balance. Over time, they became a better leader, communicated more effectively with their team, and had more time for personal growth. This shift had a significant impact on their business. Their clients noticed the positive changes, and their agency started attracting new clients. The agency experienced remarkable growth, and the income was steadily increasing.
This example illustrates the power of investing in yourself as a business owner. When you grow as an individual, your business benefits and is up-leveled as well. So, how can you make this kind of transformation happen in your life? First, let’s talk about personal development. You can consider reading books, attending seminars, or taking online courses that expand your knowledge and skills. Learning about time management, effective communication, or negotiation skills can significantly benefit your business. These are all skills I work with my clients on, and I’ve also created quite a few courses to help my listeners increase these skills as well. I have courses you can take to help you learn how to do your own bookkeeping, how to elevate your bookkeeping business, as well as how to start, grow, and scale your business.
Next, let’s talk about taking care of your health and well-being. Business owners often neglect their physical and mental health due to their busy schedules. But, when you invest in your health through exercise, a balanced diet, and relaxation such as meditation, it can lead to increased energy and focus, which makes you a more effective leader.
Building a solid network and seeking mentorship is another essential aspect of self-investment. Being part of a network can open doors to new opportunities, collaborations, and invaluable advice from experienced professionals. When you work with a mentor, strategist, and certified life coach like me, you are able to learn from someone who has walked the path you are on, and it can be incredibly beneficial.
Work-life balance is a challenge I see many of my clients and business owners face. It’s crucial to invest time in yourself outside of your work. Spending quality time with your family and friends, as well as pursuing personal interests, not only rejuvenates you but also provides new perspectives that can be applied to your business.
Another vital aspect of self-investment is the willingness to embrace change and adapt to new circumstances. The business world is dynamic, and those who invest in learning and adapting to new technologies, market trends, and customer preferences will definitely stay ahead of the game. Being resilient is a skill you can learn as you grow your business, and doing this work will allow you to see the impact it has on your overall business performance.
An example of adapting and embracing change is when you think about technology. Many business owners resist the ability to adopt new technologies. When you invest in learning these new skills by taking courses or learning more about technology that is emerging in your industry, you’ll be able to provide innovative solutions to your clients, which could lead to increased demand for your services and a substantial revenue boost. Another way to look at technology is when you decide to utilize a computerized software system for your bookkeeping and financial reporting. When you do this, often the business owners I work with find they have more time to focus on other areas in their business, and they are able to create the financial reports they need to make sound business decisions. There will likely be a short time when you are learning the software that causes you to spend more time in this area, but my clients are much happier in the long run with the abilities they have to be able to stay on top of their bookkeeping.
Lastly, I want to stress the importance of financial literacy. When you invest in understanding your business’s financial health, budgeting, and forecasting, you’ll have a clear grasp of your finances, which will help you make informed decisions and lead your business to continue to have sustainable growth.
Taking into consideration all the ways you can invest in yourself to be a better business owner, you can then set clear and achievable goals. Take the time to invest in defining your business objectives and personal aspirations. Make sure you are setting specific, measurable, and timely goals so that you can create a roadmap for your self-improvement journey. Remember, investing in yourself is an investment in your business as well. By focusing on your personal development, health, networking, work-life balance, resiliency, financial literacy, and goal setting, you can become a better business owner and lead your company to new heights. Keep investing in yourself and watch your business thrive. You are the key to your business’s success. If you need help with investing in yourself so that you can become a better business owner, I’m here to help, and I encourage you to take the next step by signing up for a free consultation or coaching session with me as your business and life coach. Feel free to reach out to me with any questions you have; I’d love to help you on this journey. You can schedule your free consultation or sign up for a coaching session today. As a Certified Public Accountant and Certified Life Coach, I can help you set goals and develop a plan that will allow you to lead a happier and more sustainable life in your business, career, or your personal life. I’m here to guide you through the financial aspects of your business and help you focus on the steps you need to follow to reach the success you want to achieve in your business and stay committed so that you can continue to keep pushing forward. I’m here to help you with both your business and your personal life so you can relieve the stress, anxiety, or overwhelm you are currently feeling. Having an accountant and certified life coach like me can provide you with valuable insights and ideas to help you simplify your business, which enables you to go back to enjoying your business like you thought you would when you first started it. I work with business owners and accountants to create the actionable steps they need to take to ultimately achieve their goals while getting relief from the stress and overwhelm they feel from the pressure of owning a business, deadlines, and the workload they face every day. If you are struggling with this as well and would like some help developing a solution, help strengthen and maintain your emotional health, increase your well-being, create a more positive, happy, and joyful life, set and achieve your goals, and manage your relationships, I’d love for you to join me in my Balance Life Coaching program so that you can live a more purposeful life. Each week, we meet privately one-on-one, and you get to bring whatever is on your mind on any given week. It could be your highest priority you want to work on, whatever you want more of in your life, or if there is something that is weighing on you heavily that you need coaching on, and we’ll work through it together. Having a certified life coach like me helping you through all of this allows you to feel so seen and cared for, and the results are amazing. Everyone benefits when they work with a certified life coach. After every call, you feel energized, and you know exactly what to do for the week to come, and relief knowing we will meet again the next week to go over anything that comes up after the call. You’ll gain self-awareness while you take each step toward your goals. The investment in this program is an easy yes for you. I’ve set this program up in the most supportive way. If you are ready to join the Balance Life Coaching program, you can go to www.FinancialAdventure.com and click on the work with me button. You’ll see the link to join as well as additional information about the program. Sign up now. There are limited spots available for this program due to the one-on-one aspect, and it does sell out. If the payment link is gone, you can get on my waitlist to join the program when additional spots are available. I help people get results and live a more joyful life. I coach everybody on everything. Everyone has something they want in their lives, and I help them get it. I know this is something you’ve been waiting for. I’ve been asked by many of my listeners to create this exact program. The faster you get access to the program, the quicker you’ll see the possibilities available to you. I also have a risk-free guarantee. I believe so strongly that everyone benefits from coaching that when you sign up today, if for any reason you are not satisfied with your first session, you can send us an email, and we’ll refund you immediately. Are you ready to enjoy your life now? Why would you want to wait? Make this investment for yourself. Take the journey with me…make it happen for yourself. Ask yourself why you need this program in your life right now. Are you ready to make bigger, bolder, stronger life goals? I’m looking forward to meeting with you soon and digging deeper to see where you currently are in your business or career and start creating actionable steps so that you can reach your vision and goals for the future, not only in your business or career but also in your personal life. I’m ready to work with you, see all of your successes, and watch you thrive in your business or career while creating your best work-life balance. I’ll post links to this and other valuable resources for business owners and accountants where you are listening to this podcast.
And, you know I’m going to ask…what’s at least one thing you will take away from this episode that will help your business succeed and grow your bottom line? If you need some accountability, join our PRIVATE Facebook community and post your action item, we’d love to support you.
