Summary
In this episode of the 10X Business Coach Program, Gary Ryan and Alison Wheeler interview Stella Shen, the founding director of Success Business and Accounting. They discuss the importance of financial control for small businesses, the role of business coaching, common financial mistakes, and the connection between time management and finances. Stella shares her insights on how outsourcing financial functions can lead to better results and how transforming financial systems can help businesses succeed. The conversation also highlights the impact of the 10X coaching principles on business growth and the importance of accountability and commitment in achieving success.
Takeaways
- Stella's vision is to empower small business owners with financial control.
- Many small business owners lack knowledge of their financials.
- Understanding numbers is crucial for business success.
- Outsourcing financial functions can save time and provide targeted information.
- Cash flow management is essential for profitability.
- Business coaching helps owners focus on essential tasks.
- Common mistakes include not monitoring financials regularly.
- Time management is linked to financial control.
- 10X principles emphasize commitment and positivity.
- A supportive environment is vital for business growth.
Connect with Alison Wheeler on LinkedIn here
Connect with Gary Ryan on LinkedIn here
Learn about the 10X DownUnder ScaleFast program here
Join the 10X Business Coach Program DownUnder Group Mentoring Program here.
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