83: Boundary Mistakes To Avoid Whether You Are Starting A Business, You Are Self-Employed


83: Boundary Mistakes To Avoid Whether You Are Starting A Business, You Are Self-Employed, A Solopreneur, Entrepreneur, Mompreneur, Business Owner, Side Hustler, Freelancer, Bookkeeper, Virtual Assistant, Or VA


Setting limits and boundaries in your business helps to prevent burnout in your business, especially if you are a solo entrepreneur and you are doing everything in your business on your own. You need to take time to enjoy your personal life as well, but many business owners have a hard time delegating or allowing others to help. I get it, it is hard to ask for help, but when you own your own business, you need to decide where your strengths and weaknesses are. In the third episode of this week’s five-episode podcast series about common mistakes business owners make, you’ll learn about setting boundaries in your business so that you are able to always be the best you can be for your business. Setting limits is a skill that many of the most successful business owners master, and it doesn’t matter if you are 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. We’ll talk about how you can lower your stress level and enjoy your life even when you own your own business. These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, or FreshBooks for your business finances; or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document…


The Strategic Bookkeeping Academy including Bookkeeping Basics will be open for registration on June 15, 2022. Join the waitlist to become a founding member and receive a special bonus when you sign up in the first couple of days the program is open. You can sign up for the waitlist here:

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Show Notes:


Setting limits and boundaries in your business helps to prevent burnout in your business, especially if you are a solo entrepreneur and you are doing everything in your business on your own. You need to take time to enjoy your personal life as well, but many business owners have a hard time delegating or allowing others to help. I get it, it is hard to ask for help, but when you own your own business, you need to decide where your strengths and weaknesses are. In the third episode of this week’s five-episode podcast series about common mistakes business owners make, you’ll learn about setting boundaries in your business so that you are able to always be the best you can be for your business. Setting limits is a skill that many of the most successful business owners master, and it doesn’t matter if you are 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. We’ll talk about how you can lower your stress level and enjoy your life even when you own your own business. These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, or FreshBooks for your business finances; or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document…


Welcome Back…and welcome to the third of the five series podcast I have for you this week, where I am talking about some of the most common mistakes business owners have been known to make in their business. I want you to be aware of these mistakes and take action to make sure you don’t make the same mistakes in your business.


Today, we will focus on setting limits and boundaries in your business. When you are just getting your business started, there may be times when you feel like you need to do all the tasks in your business, even if you don’t feel like you are qualified to do the work. This may happen because you don’t have the additional funds to hire or get the help you need, but I want you to know that this is not something you should plan on doing for the duration of your business.


Understanding your strengths and weaknesses is the first step you should take in your business so that you know where you should start getting the help you need when you are able to afford it. When you are aware of the help you are going to need, you can begin to think about precisely the type of person you would like to have on your team from the beginning. When you are ready to hire or outsource these tasks, you will be fully aware of the help that will propel your business forward.


Until you are ready to hire or grow your team, you want to ensure that you are taking advantage of technology to save you time and money. Even if there is a small price to pay for the technology that will help you, compare that price to the value of the time you will be saving by making this investment. Take some time to really think about what your time is worth. Many business owners don’t feel their time has any value since there isn’t a dollar amount tied to it, but every business owner needs to understand how much their time is worth to make smart decisions in their business. You may be surprised at just how valuable your time is.


Create a standard process for the tasks you do in your business whenever you can. Once you’ve created these standard processes, you can fine-tune them so that you can again save yourself more of your valuable time. This will also come in handy when you begin to grow your team, as you will have the exact steps you want your new help to do so that they can complete the tasks you are currently doing in a similar manner.


I want you to grab your calendar and schedule free time for yourself so that you have blocked off some time for yourself and you are able to enjoy these moments every single day. That’s right; I said schedule your free time. By doing this, you will be able to think much clearer when you get back to working in your business. Enjoying some time for yourself or your family and friends will also help reduce your stress levels. By taking a step away from your business, you can start each day with an open mind and feel ready to jump back into running your business. Make sure you set your boundaries and create a work-life balance you are happy with. I want you to create a business you enjoy, not a business that runs your life.


I know many of you who are already on the waitlist patiently waiting for the registration to open for my Strategic Bookkeeping Academy are going to be excited because I am happy to announce that I’m ready to open registration. Take a second and make a note that the Strategic Bookkeeping Academy is launching on June 15th. Also, note that from June 15th through June 17th, there will be a promotion for founding members. This means that I created this new program, and I can’t wait for you to join and start taking control of your business, gain a deeper understanding and master your small business finances. This program will help you understand exactly what you need to do when you are doing your own bookkeeping for your business. It is also helpful for bookkeepers who are still working on their processes to deliver the best bookkeeping service to their clients. Having over 25 years of experience working with business owners, I understand where they struggle, and this program is designed to help service-based business owners do their own bookkeeping with ease by utilizing processes and technology to save them time and money. Since this program is new, I also created a special bonus and gift for you when you sign up in the first couple of days the program is open. So, if you want more information, if you can’t wait to join, or are curious to learn more about the Strategic Bookkeeping Academy for service-based business owners, come join the waitlist. It’s very important for you to join the waitlist if you want to grab the special founding member opportunities during the promotional period. If you miss this promotional period, you can still purchase the program, but not for the promotional price. You can get on the waitlist by going to www.FinancialAdventure.com/SBA and clicking on the waitlist button, enter your email address, and I’ll send you the information to register during the promotional period. I can’t wait to see you in the program. I’ll post links to this and other valuable resources for business owners and bookkeepers where you are listening to this podcast and in the show notes.

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.

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