ABOUT THIS EPISODE
What if the problem isn't your business?
What if the problem is that you're trying to force yourself into a life you no longer want?
In this episode, we have an honest conversation about something most business owners never talk about: what happens when you hate being a business owner.
Some people are struggling because they simply haven't figured out their numbers yet. They love being a business owner but need to understand their Profit & Loss, pricing, debt, cash flow, and profitability.
Others hate every aspect of business ownership. They hate sales. They hate marketing. They hate managing people. They hate the pressure and responsibility.
Those are two completely different situations.
The question is: Which bucket are you in?
Today we're talking about how to know the difference and what to do next.
🔑 Key Takeaways 1. It's okay to admit you hate being a business owner. 2. Hating your business does not make you a failure. 3. Some owners love the work but hate the results. 4. Some owners hate every aspect of business ownership. 5. If you love the business but aren't making money, the answers are in your numbers. 6. Pricing, debt, cash flow, and profitability are often the real issue. 7. Expanding won't fix a broken business. 8. Sometimes the bravest decision is walking away. 9. Sometimes the bravest decision is digging in and fixing what's broken.-----------------------------
DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS
👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com
NEED A BOOKKEEPER?
👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business!
CONTACT ME:
👉 Bookkeeping for Your Business: tammy@babobookkeeping.com
WATCH VIDEOS:
👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there: https://www.youtube.com/@BadassBusinessOwners
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TOOLS TO HELP YOU RUN A BETTER BUSINESS
Recommended Bookkeeping:
👉 The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments
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Books I Recommend to Help You Take Your Business to the Next Level
👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC
👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR
👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8
👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m
👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS
👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7
👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi
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👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better
👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.
