Diamond Effect - Strategies to Build a Service Business Worth Owning

This episode is the extension of Motivational Monday 94.

As the leader of your business, you're responsible for making money decisions.

What to invest and how so that your business keeps growing. What to pay yourself and how to spend that money. How much income you want to make (how many people you want to help) this year, the next, and in 3 years. 

Being in charge of your money allows you to create a successful business and live the life you want. Yet you cannot manage what you're scared of, don't understand, and don't track.

In this podcast, I'm talking about three main things every business owner should have in place in order to be in charge of their money.

Being a high-performing CEO if your business means you can think, feel, and operate at your best. That cannot happen if you're tired, exhausted, or burnt out. Rest and recharge are critical to scaling your business sustainably and creating balance in your life. Daily. Weekly and through planned longer time off. 

This episode is inspired by an entrepreneur asking me this question "Maggie, how do you know when the fear you feel and actions you avoid as a result is self-sabotage and when it is a valid self-protection mechanism?"
Not only do I answer it, but also I'm showing you how to use my Dream-Plan-Do coaching model to develop the skill of knowing for yourself.

Ready to take your business to the next level simpler, faster, and without overwhelm? Explore how coaching with me can help you. Schedule a free consultation call with me HERE.

As the CEO of your business, your main responsibility is to understand and strategically allocate your business finances. Yes, you have your accountant, bookkeeper, or CFO as experts to help you with that, but in the end, the decisions are yours, and you'll experience the consequences of those decisions. You can't manage what you don't track or understand. 

I love networking and meeting amazing business owners and other coaches. 
Wade Thomas, a fellow business coach, and I met through networking and decided to do this collaborative podcast interview together. We review strategies and tools business owners can use to exceed their business goals and evolve into high-performing CEOs.
It's a great conversation about the potential small businesses hold and how they can fulfill it more simpler and faster. Of course, as a coach, I believe that every entrepreneur should have a business coach, just like every athlete has one.

Connect with Wade Thomas on his LinkedIn HERE
AimtoWin website
AimToWin Podcast HERE
Wade Thomas - Instagram HERE

Connect with me on Instagram HERE, LinkedIn HERE, or website HERE. 

Last week we spoke about spring cleaning your business by eliminating tasks that shouldn't be done at all. Today's motivational Monday is all about cleaning your mind out of thinking that doesn't serve you, i.e., doesn't move you any closer to creating the results you want in your business. 

Learn the five stages of business growth. These are different from your typical business textbook ones. These are the five stages of your growth as a business leader. Because only after you grow will your business follow.
You'll also learn why the progression from stage to stage is important and what happens when you don't progress.

To expand on this topic and learn major traps in each stage that you want to avoid, as well as five essentials to sustainable scaling, join me in the free upcoming masterclass How to Scale Without Overwork or Overwhelm on April 18th at 1 pm EST.
Register HERE. 

"Eliminate the unnecessary so that the necessary may speak." - Hans Hofmann

Creating CEO time for you every week is the first key essential to scaling your service business sustainably. What is it exactly, why is it important, and how do you go about it - these are the questions I answer in this episode.

And if you're listening to it before April 18, 2023 - then secure your spot now HERE for a free masterclass on How to Scale Without Overwork or Overwhelm. 
It's an online  90-minute LIVE event starting at 1 pm EST. 

In this bonus, I'm asking you a very important question. You want to know the answer to it for yourself as a business owner. Tune it and take a few minutes this week to reflect on it.