By Iyanna Vaughn
5
2121 ratings
The podcast currently has 24 episodes available.
While there are things that we need to invest in to grow and sustain our businesses, overspending in your business is making it harder for you to scale.
Because at the heart of overspending is a lack of skill around how to make the right financial investments at the right time, which leads to joining the wrong offers and not getting the return on your time and money.
Investing in another coach because you “should have a coach” or because all of your biz besties have doesn’t mean it’s the right investment for you right now.
In today’s episode of Harmonious Wealth, I’m guiding you through the 3-step framework for how to make financial-based decisions so you can stop overinvesting, confidently invest in the right offers at the right time, and actually see a return on your investment every time.
03:12 — The exact questions to ask yourself to quickly determine if the offer is right for you right now
09:18 — 3-step framework to use to evaluate an investment and understand the short- and long-term affects on your business
18:37 — How to use cashflow planning to understand your financial outlook
📚MENTIONED IN THIS EPISODE
• Cashflow Planner: lovelyfinancials.com/planner
• Profit First: https://amzn.to/3UQRFjE
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
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Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith.
Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
---
Connect with Iyanna:
Another coach or service provider launched yet another offer that you know will help you in your business.
Impulsively, you purchase the offer only to immediately feel overwhelmed because you're on yet another payment plan. This time you're unable to pay yourself from your business.
You didn't realize how this investment would impact your cash and it shows up in your energy, leaving you unable to even implement what you're learning.
You've been investing in yourself consistently because you believe you’re “worthy” of it, but really you're justifying spending.
In this episode, you’ll understand why you’re spending emotionally in your business — both from a sales psychology perspective and from a money mindset perspective. Plus you’ll hear 3 ways you can stop spending emotionally and know what and when to invest in something.
📚MENTIONED IN THIS EPISODE
• Attached: The New Science of Adult Attachment and How It Can Help You Find--and Keep--Love
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
---
Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith.
Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
---
Connect with Iyanna:
You’re likely idolizing sales in your business because the online business industry idolizes sales.
When you idolize sales, it takes the place of your love for God and your higher purpose. That’s what leads to you becoming overly consumed with your business success and you unintentionally attach your personal value to what you achieve.
Then when you have a month, quarter, or launch that didn’t go as planned, it derails your self-worth.
In this episode, Iyanna combines financial strategy with faith-based money mindset to help you stop idolizing sales and align your business with your higher self, detaching your sales from who you are.
05:55 — Shift from focusing on what's happening in the business to what legacy your business makes possible
07:40 — How you end up worshiping the worry when you hyperfocus on sales
11:37 — Normalize and prepare for inconsistency in your revenue and it won't be a source of stress
“Whoever loves money never has enough. Whoever loves wealth is never satisfied with their income. This, too, is meaningless. As goods increase, so do those who consume them. And what benefit are they to the owners except to feast their eyes on them?”
— Ecclesiastes 5:10-11
✝️ MENTIONED IN THIS EPISODE
• Ecclesiastes 5:10-11
• Matthew 6:25-26
• Matthew 6:34
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
---
Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith.
Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
---
Connect with Iyanna:
Not knowing how to pay less in taxes legally turns into a tax surprise that typically ends up with you overpaying in taxes because of it.
You need to leverage a tax code so that you can legally reduce your tax liability so that you can protect your cash and put that extra savings towards building your financial legacy like your retirement and investments.
In this episode, I'll share how to think about your tax planning so you can end the year with no tax surprises and even more cash to support your legacy.
7 Overlooked Tax Strategies for Digital Entrepreneurs: lovelyfinancials.com/tax
05:49 — What to consider so your tax plan aligns with your major personal goals
07:09 — Understand the role of every financial team member so there are no tax surprises
11:07 — How to know if it's the right time to change your company's tax structure from sole proprietor to S Corp
16:28 — 3 ways an S Corp can help you pay less in taxes legally
20:02 — Getting creative with how your everyday tasks and projects you can deduct without reducing your taxable income
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
---
Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith.
Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
---
Connect with Iyanna:
Do you know the difference between profit vs. cash flow vs. cash on hand?
You might have looked at your profit number but then wondered why your cash isn't saying the same thing.
You're seemingly profitable but you're continuously running into depleted or nearly depleted cash.
Profit, cash flow, and cash on hand are all different things and as your business grows and gets more complex with your income sources and expenses, it’s not enough to just know revenue and expenses.
In this episode, you’ll understand what your profit margins should be for different aspects of your business so you can create the cash flow you need to sustain your business. You’ll also learn why understanding your cash flow is how you’ll be able to increase your cash on hand, which allows you to have business savings, pay off debt, and pay yourself more.
05:38 — Why you need to know your profit numbers more than revenue numbers
07:07 — Understanding your profit margin and where it should be
08:32 —🖥️ Screenshare: Visualizing Your Revenue, Direct Costs, Operating Expenses, and Profit Margins
11:04 — What you need to understand about cash flow and how it determines your cash on hand
13:06 — 🖥️ Screenshare: Visualizing Your Starting Cash, Incoming and Outgoing Cash, and Cash on Hand
16:26 — How to use the connection between profit and cash on hand to reach your business, lifestyle and legacy goals
📚MENTIONED IN THIS EPISODE
• https://lovelyfinancials.com/sunday
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
---
Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith.
Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
---
Connect with Iyanna:
If you’re like most of the business owner’s we work with, you’re so used to thinking no more than a quarter in advance in your business and life and haven’t gotten the chance to step out of the weeds of the day-to-day to have a bird’s eye view of your financial future.
You think you don’t make enough to think about a legacy yet or that it’s better to reinvest everything back into the business.
But there’s a lot more to wealth than just making the money — what do you do with what you’ve built?
Today on the podcast, a long time client turned friend, Maya Elious shares exactly how she started thinking about creating a legacy for 3 generations in her family and how she brought her parents along in the process where they all created estate plans. She’s now a trust fund baby and embodying her true rich auntie energy.
02:18 — Creating an estate plan to care for 3 generations so the business becomes a true legacy
06:08 — How growing up in a "you have everything you need" household shaped how Maya wanted to create and protect her own wealth
10:25 — When Maya started to prioritize legacy goals and how she defined what that would look like for her
15:04 — Having the realization that protecting your wealth is just as important as building it
16:32 — Why starting small is how you'll make your business the vehicle to build your legacy
22:34 — What an estate plan entails and why everyone should have one regardless of your net worth
“It's the overthinking and the ego of not wanting to start small that can hold us back from building wealth. So if you can shift your mindset into "it's not that hard and I can start small to create something big, you're going to see a lot of success when it comes to our wealth building journey.”
👋 CONNECT WITH MAYA ELIOUS (SHE/HER)
Maya Elious is an award-winning business coach, personal branding strategist, and the go-to expert when it comes to clarifying your message and attracting high-end clients.
She currently leads a team of brilliant women as the CEO of Built To Impact, a coaching and consulting company that teaches overlooked experts how to build a profitable online business in their zone of genius.
Through her programs and live events, she’s helped thousands of clients and customers get clear on their message, launch high-end services, and build six-figure businesses.
www.mayaelious.com/
www.mayaelious.com/dreamlife
www.builttoimpact.com
www.instagram.com/mayaelious
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
---
Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith.
Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
---
Connect with Iyanna:
You don’t truly need that sale.
Your relationship with money is what is making you feel so desperate for sales even though you’ve made multiple-6 or even 7-figures in your business.
Even when you are in a situation where you truly need another sale to come in to help pay your expenses and bills, it’s possible — and necessary — to not be in a state of desperation when you heal your relationship with money.
In this episode, Iyanna shares how to get off the sales desperation train and get on the trust train, even when you’re feeling like you desperately need a sale or more money.
Tune in to hear:
06:29 — Iyanna's journey from desperation to harmony in sales
13:21 — Connecting with your higher purpose or relationship with God instead of relying on grit and willpower
18:37 — 3 ways to go from a negative relationship with money to neutral
22:08 — The one mindset to hold onto whenever you feel like you NEED that sale
23:39 — Balancing masculine and feminine energy in business to take you from neutral to a positive mindset with money
“Not by might, nor by power, but by spirit.”
Zachariah 4:6
MENTIONED IN THIS EPISODE:
• Attached: The New Science of Adult Attachment and How It Can Help You Find and Keep Love
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
---
Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith.
Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
---
Connect with Iyanna:
Have you been unable to pay yourself well and consistently, and now you're feeling a little bit resentful of your business?
Nagina, one of our longtime bookkeeping clients, was experiencing this too. Before working with us, she was frantic about money and making over 6-figures but only taking home 30%.
As an online health coach, wife, mother of two, as well as a working full-time corporate job, she didn't want to run the risk of not being able to have adequate take home pay in her business.
Since working with Lovely Financials, Nagina went from consistently sitting at a 30% profit margin to sustaining 70% consistently. This has allowed her to pay herself six figures, keep excess cash on hand in her business, and max out her retirement to $66,000 for the year.
In this episode, you'll learn how Nagina was able to use her financial reports to increase her profits and revenue and develop the skill of directing her income to work smarter for her.
Plus, she shares the money mindset blocks she had to work through to make it happen.
04:25 — Uncovering why Nagina was making more than 6 figures but only bringing home 30%
11:08 — The financial trends in spending and earning that helped Nagina make decisions that increased profit
21:58 — How the mindset, "I have to work so hard to make money" affected Nagina's growth in her first few years and how she worked through it to scale
29:35 — How raising prices shifted Nagina into a feminine relationship with money and changed her mindset
34:08 — From keeping only 30% to now keeping 70% of every dollar she earned
38:13 — Not investing for retirement is choosing to give up millions of dollars
45:28 — How consistent owner's pay has changed Nagina's lifestyle
👋 CONNECT WITH NAGINA ABDULLAH (SHE/HER)
Nagina Abdullah is a weight-loss coach for women in midlife and founder of the website MasalaBody.com. She teaches women to boost their metabolism especially when what worked before no longer works. She focuses on natural formulas to combine and time metabolism-boosting foods to reduce belly fat and overall weight gain in midlife. Nagina has a degree in Molecular and Cell Biology from UC Berkeley and has helped over 1,500 midlife women successfully lose weight and create a lifestyle change.
Nagina shares her "Sweet Spice Cheat Sheet" with the spice that is in your kitchen cabinet! It helps to lower blood sugar and curb sugar cravings. The cheat sheet includes:
https://masalabody.com/SweetSpicePDF/
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
---
Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith.
Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
---
Connect with Iyanna:
Do you keep seeing dwindling profits in your business, even though you're growing in revenue every single year?
Increasing your profit is not only about creating a healthy and stable business, but it's through your profit margins that you’re able to pay yourself more and support your immediate lifestyle goals and your long-term legacy.
In this episode, you’ll learn about the 5 Profit Focus Areas that will help you see how you can leverage your profit to support your business, lifestyle and legacy goals and how to balance them.
Iyanna will also bring you through the tactical approach for how to determine where your profit margins are, where they need to be and what your “gap” is between the two so you know when you need to focus on profit or revenue (or a combination of both).
She also offers ideas based on your business model to stabilize your revenue and focus on what will increase your sales and profit the most to support you long-term.
Tune in to hear:
03:33 — The 5 Profit Focus Areas that will allow you to increase your profit and cash on hand to support your business, lifestyle and legacy goals
08:25 — Profit planning for coaches and service providers with recurring revenue
14:30 — Profit planning for service providers and influencers who work on projects
20:58 — Profit planning for beauty-based service providers
21:15 — How to track your finances and set guidelines for your expenses
Register for the Free Webinar on April 26 at noon EST: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
📚MENTIONED IN THIS EPISODE
• lovelyfinancials.com/intensive
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
---
Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith.
Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
---
Connect with Iyanna:
As a successful online business owner, you might have imagined that once you started making 6-figures, multiple 6-figures, or even 7-figures in your business, you would simply know how to manage your money.
But here you are, with a multi-6 or even 7-figure business and you still feel like you have just enough to get by.
That’s because making more money doesn’t solve the root of what is causing you to mismanage your money.
In this episode, Iyanna is exploring the depths of the real reasons why you don’t know how to manage your money — despite being really good at making it.
By the end of the episode, you’ll see why reaching your next revenue goal won’t solve this problem and you’ll understand the work that needs to be done so you can change your relationship with money, live in surplus, and have the salary to create the lifestyle and legacy you want without exceeding your means.
03:09 — Decenter money and its connection to your worth
06:31 — How the poverty mindset is still sabotaging you even though you have more wealth than ever
07:21 — How subconscious patterns self-sabotage your ability to manage additional income
17:41 — How to become comfortable living in the surplus rather than in the “just enough”
28:14 — Your willpower alone will not help you reach the success that you desire
Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
Get the Dream Lifestyle Calculator: lovelyfinancials.com/lifestyle
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
---
Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith.
Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
---
Connect with Iyanna:
The podcast currently has 24 episodes available.
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