In today’s episode of Dollars and Dreams, I dive into the mistakes I made when starting my business. Despite my background as an accountant, transitioning from employee to entrepreneur in 2006 presented challenges as I grew my business.
I candidly share my early struggles with operating from my home office, battling imposter syndrome, and the negative effects of undercharging and over-servicing my clients.
These experiences taught me the importance of setting proper boundaries and truly valuing the services I offer, lessons I hope will help other small business owners avoid similar pitfalls.
Throughout the episode, I offer key insights on the necessity of fair charging practices, the dangers of under pricing, and the empowerment that comes from not letting clients dictate the terms of engagement. I also emphasise the importance of understanding your ideal client avatar to refine and target marking efforts effectively.
To wrap up, I encourage listeners to adopt a strategic approach to business, which includes budgeting that starts with paying oneself first, maintaining strict control over cash flow, and preparing an exit strategy to guide long-term business goals.
____________________________
LET’S CONNECT:
LINKEDIN: / jen-richardson-b8655894
FACEBOOK: / jenrichardson.co
TIKTOK: / jenrichardson.co
INSTAGRAM: / jenrichardson.co
jenrichardson.co/
Disclaimer: This channel provides educational content on personal finance for women and should not be considered financial or investment advice. We make no guarantees on the accuracy or completeness of the information provided, and viewers should seek professional advice before making any financial decisions based on the content presented here.
Негізгі бет Ep.19 Dollars and Dreams: Mistakes I Made in Business
Пікірлер: 2