This episode kicks off our Money Month series, where we’re diving deep into all things around money and finances as a business owner who’s growing a team!
In this episode, I chat with Christine Walsh, a financial coach who helps women entrepreneurs overcome financial fears and increase their income. We discuss the impact that our beliefs and mindset about money can have on a business owner's ability to grow their business and manage their finances.
Christine begins by sharing her journey to becoming a financial coach, including how the events of 9/11 influenced her decision to leave investment banking and work in a more impactful way. She emphasizes that money is infinite and can be created, and that recognizing one's creative power and taking responsibility for it is absolutely essential.
We also delve into the topic of when a small business owner should hire their first employee.
Christine and I agreed that being intentional in the hiring process is key and that there is no perfect answer. (I know, womp womp!) Rather, it’s about looking at the big picture and the numbers, as well as your own feelings, which can help business owners make more informed decisions. We also discuss starting with part-time or contractor positions to build up financial support and ensure sustainability for the business.
Throughout our conversation, Christine offers helpful mindset shifts for overcoming financial fears and maximizing team potential and return on investment.
If you’ve been thinking about hiring for your growing business, but the money side of things has been holding you back, dive into this episode for a dose of encouragement, mindset shifts, and actionable advice today!
In this episode, you’ll learn:
- The importance of recognizing and overcoming limiting beliefs about money that can hinder the growth and success of a business
- How to reframe beliefs about money to create a foundation that produces desired results
- Tips for small business owners on when and how to hire their first employee, including being intentional in the hiring process and building up financial support
- The role of mindset and thought processes in building a successful business
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