Does this sound familiar? You've been told to simply focus on increasing your revenue to ensure success in your business. But despite your efforts, you find yourself constantly struggling to make ends meet and feeling the pain of financial instability. It's time to shift your approach and understand the true power of calculating your business runway for informed decision-making and effective financial management.

In this episode, you will be able to:

• Grasp the indispensability of runway calculation in steering the course of your business journey.
• Realize the importance of keeping constant touch with your bookkeeper in maintaining the well-being of your finances.
• Delve into the correlation between your own aspirations and the decisions you make about your business's runway.
• Find out why maxing out your runway could be the best opportunity to make transformative choices.
• Understand how external factors can substantially influence the determination of your business's runway length.

The key moments in this episode are:

00:00:00 - Introduction, 

00:01:37 - The Importance of Knowing Your Runway, 

00:03:52 - Runway and Purpose, 

00:08:56 - Avoiding Sunk Cost Fallacy, 

00:12:58 - Calculating Your Runway, 

00:16:25 - Farewell and Call to Action, 

00:16:30 - Submitting Topics and Contacting the Hosts, 

00:16:30 - Learning More about Serendipitous Revel, 

00:16:30 - Leaving Feedback, 

1. 00:16:30 - Conclusion, 

Resources:

If you are interested in starting your podcast, grab our free guide at https://purposefulpodcasting.com/guide

If you are interested in launching your podcast in 2023 you don't want to miss our Purposeful Podcasting Bootcamp. You can learn more at https://purposefulpodcasting.com/info

Other episodes you'll enjoy:

[Insert 3 podcast episodes with links]

Meet your podcast hosts:

We are Wendy and Krystal - two travel entrepreneurs turned business and marketing coaches, respectively. We help female entrepreneurs create the life they want and define their voices to make more impact in the world. We do this through various programs that help female coaches and consultants launch masterminds, achieve short term goals in their businesses through private coaching, and launch podcasts to help grow their community and establish themselves as thought leaders.

Our podcast covers all the issues we face as female entrepreneurs - from juggling our multiple roles as mothers and business owners to the ever changing landscape of online business.

Connect with us:

Instagram: https://www.instagram.com/serndipitousrebel

Facebook: https://www.facebook.com/serendipitousrebel

YouTube: https://www.youtube.com/serendipitousrebel

LinkedIn: https://www.linkedin.com/serendipitousrebel

Website: https://serendipitousrebel.com

Blog: https://serendiptousrebelpodcast.com

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