5 Financial Mistakes that Will Kill Your Business Before it Starts

Are you ready to get started with your business but find all the money stuff mind-boggling? Do you worry about all the money that is going out, but not seeing the same come back in? Your concerns are valid – financial mistakes will kill a business before it even starts.

As a business and financial coach, I have seen this happen way too often. That’s why I had to record this episode for all of you who are feeling the financial struggle and asking, “where is my money going?”

In this episode, I list five common financial mistakes that I see new entrepreneurs make time and time again. So that you my friend don’t make the same mistakes, I’m sharing with you how to AVOID them.

In fact one of the reasons this episode is personally important to me is because I’ve actually made a few of these mistakes.

One of the things that actually hinders our financial success as an entrepreneur is actually over investing in your business. – Laura Royer

Whether you are a new entrepreneur or have been in business for some time, you want to listen to these five financial mistakes that I discuss. More importantly, if you are managing your own business cash flow, I can assure you that you really need to hear what I’m uncovering in this episode.

So let’s get your business foundation squared away before these financial mistakes kill your business and your dream of being your own boss.

Tune in now by clicking here!

Here’s a sneak peek of the convo:

[02:50] The ONE thing that may be hindering the financial success of your business.

[09:34] New entrepreneurs tend to always make this major mistake when starting a business.

[15:04] Whether your business is formally established or not, you must have this before continuing any further.

[18:01] The number one indicator that shows you are not managing your finances properly.

[20:59] The reason entrepreneurs usually lose their business within the first couple of years.

Click here to listen to the episode now!

Links Mentioned in this episode:

• Discovering Your God-sized Dream to Work for Yourself (workbook)
• Starting a Business That Banks (coaching program)

GRAB TODAY’S FREE RESOURCE

If you have thought or dreamed about having your own business and being your own boss, but maybe you’re not quite sure where to get started, then I want to invite you to download my free workbook Discovering Your God-sized Dream to Work for Yourself. Inside the workbook I’ll walk you through:

• • • • How to gain clarity of what your unique gifts and talents are;
      • How to use those very gifts and talents to serve others while making some money as a business owner;
      • 4 of my favorite revenue models to generate money;
      • Step-by-step guidance for how to determine which revenue model is the best one for you to choose; and
      • My framework for starting the business that banks.

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