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.
Spend money on crap you love.