As entrepreneurs, we’re responsible for ALL the upfront costs. This doesn’t only include business expenses; this means health insurance, personal expenses, saving for retirements, and staying on track with paying off debt (if you have it). Being mindful of your cash flow is vital to the success of your business and the same goes for holding yourself accountable. Surrounding yourself with the right people can be a challenge, especially in the early days of your startup. Shannon McLay, of the highly successful Financial Gym in New York City, sits down with Sarah over mimosas to talk about the importance and strategies behind money mindfulness and finding the right person to hold you accountable for making your dream and goals happen.
Shannon and Sarah also talk about some of the fears we all face and how to keep your mind on the path towards financial freedom. In this podcast, you’ll find the following (highlighted below) discussed at length and made applicable to the ambitious young entrepreneur.
Ashley was 8 months pregnant when her ex-husband left her. She planned to be a stay at home mom and freelance as a hobby. But with a divorce and baby on it’s way and needing to bring home the bacon, she turned her hobby into a career.
Like me, she has a young son, and it took her three years to rise above the poverty line and be the mom she really wanted to be. What’s more – she did it debt free.
Since then, she’s remarried, has added another baby, and continues to scale her business so she can do more while working fewer hours. Listen in as we talk about the dark time in her life, lessons learned, and the entire scope of mindset, freelancing, being a work-at-home mom, and even personal finance.
Uncover what happened and how she became the accomplished woman she is today.
John and David have a total of 13 combined years in the finance industry and gathered $51,000 in credit card debt as two thirty somethings living it up in the early 2000’s. Today, they’re debt free, run a very successful blog, IE Debt Free Guys, and focus on sharing their story with the Queer community.
Their success didn’t happen overnight, in fact, it took at least ten years in total for them to get where they are today. Having taken quite some time to write an important book for the basic adult, they finished it, they conquered it, and share their story on how they started their business, the roadblocks encountered, and the struggles they still face as business owners.
Here’s my interview with one of my favorite business couples.