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I'm going to start including what I call an Impact Tip of the Episode with every new podcast episode. I am hoping to share a simple tip that can be summarized in one sentence, but will be something you can implement in your business that will have a positive impact on it. In this episode Craig and I will introduce the concept.

For a while, the Impact Tips will focus on finances. Finances are the foundation of a business. If your financial situation is weak, at best, the business will never reach its full potential, at worst, the business will eventually go under.

I feel like the first tip is so important, I am going to focus an entire episode on it. Here is the tip:

Make sure your personal finances are in good shape before you start a business.  I know, this sounds like a no brainer, but listen to the episode and I bet you will learn about ways your personal finances affect your business that you'd never thought of.