Become Your Own Boss: Tips for Starting and Growing Your Own Small Business

It is imperative that you know your COGS or Cost of Good Sold.

- You can find your COGS on your P&L or Profit and Loss Statement

- Take some time to calculate this number for all of the products you sell

- Make sure you are charging enough.

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In this enlightening episode, Monica discusses the heart of family dynamics and financial planning, focusing on generational wealth. As families gather for the holidays, we provide a sensitive yet open framework for discussing crucial matters that shape and protect the legacy of a family.

From understanding assets and liabilities to estate planning, and from healthcare directives to digital asset management, we cover vital questions that encourage clarity and preparation. This episode is a must-listen for anyone looking to foster a legacy of wealth, responsibility, and thoughtful stewardship across generations.

Episode Quote: Estate planning is an important and everlasting gift you can give your family. ~Suze Orman

Episode Sponsor -  Zeus' Closet - Soft Shell Jacket

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Get the 30 point checklist for building a clothing brand at www.zeuscloset.com/checklist

Ways to reach Monica:

In this enlightening episode, Monica sits down with Adam Tolliver, a renowned Certified Financial Planner and Chartered Financial Consultant located in Atlanta. Adam shares his insights on how individual financial security contributes to broader community prosperity. Adam provides practical tips for listeners to start their journey towards financial wellness. This is an episode that can truly determine if fortunes are lost or gained. Really do not miss this episode.

Episode Quote: Legacy is not what I did for myself. It’s what I’m doing for the next generation. ~Vitor Belfort.

Adam Tolliver - www.workingwithadam.com

Artisan Financial Strategies, LLC

www.artisanfsonline.com

(770) 587-0281 (office)

(404) 210-9311 (cell)

Episode Sponsor -  Zeus' Closet  - Soft Shell Jackets are available here.

Helpful Entrepreneurial Resources from Become Your Own Boss

Join the ⁠Become Your Own Boss Community⁠

⁠Monica FREE ebook⁠

Get your⁠ Become Your Own Boss Planner⁠

Get the 30 point checklist for building a clothing brand at www.zeuscloset.com/checklist

Ways to reach Monica:

Who is Monica?

Monica Allen grew up in a small town in Georgia with her single mom who had her at age 18, her grandmother and uncle. Living below the poverty line for all of her young life, Monica was determined to break the cycle. Being the first in her immediate family to attend a 4 year university, Monica worked in the field of insurance as a benefits broker for 8 years and earned her Masters in Business Administration.

Leaving to set out on her entrepreneurial journey in 2005, she is now a serial entrepreneur owning several businesses. She is co-founder of Zeus' Closet, stuff4GREEKS and Deuce Equity Group.  She is the sole proprietor of Monica Allen Interiors and an Amazon Bestseller (The Fearless Entrepreneurs: Fear Less; Be More).

She loves equipping aspiring entrepreneurs, side hustlers and small business owners with tips to launch, grow and scale their business while avoiding the many pitfalls of entrepreneurship. She believes that being surrounded by positive people, believing in yourself, and having faith in God has led to her success.

Have some Feedback?

If you enjoyed this episode, please share it with your friends or fellow entrepreneurs. Don't forget to subscribe to the show on iTunes, Spotify, Stitcher, Google Podcast, Pandora, Amazon or wherever you get your podcast to get automatic episode updates for "Become Your Own Boss!"  And, finally, please take a minute to leave an honest review and rating on iTunes or Audible. This truly is what helps the podcast grow.

Every business is unique. Some can charge less because they have less overhead. Some charge more because they have more overhead or just because they want to. We cannot tell someone else how to run their business. Feedback is a prize and is great to get from customers and to give, but at the end of the day, you can't tell someone else how to run their business.

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Join Monica as she delves into the inspiring journey of Andi Gretzinger, the founder, owner and Executive floral artist behind ⁠Northwood Blooms⁠. From discovering wood flowers while being a full-time classroom art teacher, Andi shares her story of growing her hobby, turned side hustle into a full-time business. Now with 2 kiddos, a beautiful warehouse space and a thriving business, Andi shares topics around the following:

You don't want to miss this one.

Episode Quote: You can’t use up creativity. The more you use, the more you have. ~Maya Angelou

Visit Northwood Blooms - Shipping all over the world, get your wood flowers for any occasion.

Episode Sponsor -  Zeus' Closet

Helpful Entrepreneurial Resources from Become Your Own Boss

Join the ⁠Become Your Own Boss Community⁠

⁠Monica FREE ebook⁠

Get your⁠ Become Your Own Boss Planner⁠

We recently received a 1-star review that left us scratching our heads. If you cannot $37 in your business, you definitely are not ready to start a business.

Join the Become Your Own Boss community today.

When I chat with fellow entrepreneurs, each conversation becomes a gold mine of revelations, sparking thoughts about all those 'I wish I knew' moments from our early days. We've all navigated the steep learning curves, but today's episode is your compass to scale those heights more confidently.

While the term 'Standard Operating Procedures' might not set your heart racing, it's the silent powerhouse behind enduring business success. Join Monica as she unveils the six game-changing benefits of SOPs and lays down a clear roadmap to craft these essential blueprints for your venture.

Episode Quote: Consistency in procedures not only breeds efficiency in performing tasks but can save the company time and money when the task is performed correctly the first time. ~ Sean McCann

Episode Sponsor -  ⁠Zeus' Closet. Grab the Small Business Package

The word "community" is used so much these days. How well do you know yours? Check out this weeks 2 minute takeaway for a quick nugget of wisdom.

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