Do you want to grow your profit? Then knowing your numbers is a MUST!

Many entrepreneurs put their heads in the sand when it comes to money management because it can get just so darn confusing and overwhelming. If that’s you, then this episode is a non-negotiable listen! No need to feel ashamed of wherever you’re at, but I beg you, please empower yourself to understand your numbers and finances so that can continue to build a business and a life that you love.

 

If you’re already somewhat familiar with your numbers but are ready to grow to multi-six or even seven-figures, in this episode we’re going to talk about how to do just that.

 

It’s time to get clear on your finances, grow your profit beyond 6-figures, and keep more cash while doing it!

 

My guest today, Dondrea Owens, is a CPA who has been helping women entrepreneurs know their numbers and grow their profit since 2017. It’s her mission to be a resource for business owners who want to make smarter investments and take home more money.

 

Before starting The Creative’s CFO, Dondrea spent a decade auditing the financial statements of profitable companies at a top national accounting firm. Between both her education and professional experience, she has the skill (and the passion!) to educate and empower business owners in a way that helps them grow more profitable and sustainable businesses.

 

What you’ll learn in this episode:

 

• Do you need to spend money to make money?
• Common mistakes women entrepreneurs make when managing their business finances
• Specific percentages and allocations you should be making in your business (including profit margins, owner salary, taxes, and business investments)
• How to adopt a multi-six or seven-figure CEO identity
• How to financially prepare for hiring, and how to determine your ROI on hires
• Tips for preparing for taxes

 

Subscribe and Review

 

Thanks so much for joining me this week. If you liked what you heard, please leave an honest review for The Success with Soul Podcast on Apple Podcasts so we can improve and better serve you in the future. Plus, you could be featured on a future episode during our listener spotlights. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them.

 

And finally, don’t forget to subscribe to the show on Apple Podcasts to get automatic updates. My goal for this podcast is to inspire those who seek flexibility and freedom in their lives by making something happen with holistic, soulful, step-by-step strategies from me and other experts.

 

Links + Resources Mentioned in this Episode:

 

• Quickbooks
• Learn how to create holistic systems in your business with self-managed teams and hands-off systems inside my Success with Soul Incubator. The Incubator is a one-stop shop and includes everything you need to build a wildly lucrative business while intentionally serving your spirit. Apply here!
• Want me to personally teach you how to set up an evergreen funnel? Apply to the Success with Soul Incubator and you’ll get access to an advanced training called “Flourish With Funnels” that teaches my exact framework for maximizing your time, energy, and income with evergreen funnels. The only way to access this training is by applying to the Incubator, so head on over now to take the next steps!
• Toggl
• The Four Agreements by Don Miguel Ruiz
• The Alchemist by Paulo Coehlo
• Visit Dondrea’s website The Creative’s CFO and follow her on Instagram @thecreativescfo
• Follow me on Instagram @katekordsmeier and @rootandrevel

 

More Ways to Enjoy Success with Soul

• Download a transcript of this episode
• Download on Apple Podcasts
• Email me new episodes
• Don’t forget to join our free Success With Soul Facebook community for follow-up conversations about the podcast episodes and where I also often go live to answer your burning questions. Hangout with like-minded bloggers and heart-centered online business owners exchanging priceless feedback, encouragement, and other golden insights from the trenches.

 

EPISODE CREDITS:

Produced by Danny Ozment at https://katekordsmeier.com/pli