Welcome to Intentional Conversations, where we intersect diversity, equity, and inclusion with leadership and business.

This week we welcomed Susanne to Intentional Conversations!

So, grab your headphones 🎧, press play, and let the conversation begin!

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KEY TAKEAWAYS:

• Susanne takes a quarterly retreat to just rest, pray and do yoga.
• She started working at 14 with her dad as a bookkeeper, who was a CPA and had his own firm. By the time she got to college, the tests were so easy. She was an expert by the time she was 24.
• The gift we give our children is not just our money, but our experience and knowledge.
• As entrepreneurs, we start our business because it’s something that we. We would probably do it for free. Just because we work hard, super serve our clients, it doesn’t mean we’re going to be profitable.
• We need to take our profit first as entrepreneurs. We need to be creating profitability in our business. Our family is sacrificing when we’re doing the entrepreneur thing.
• The more we have of something, the more we’re gonna spend, but Profit First says set up bank account for the profit first. Accounts to set up include: income, profit, owners pay, taxes, and operating expenses
• Unless you have a process in place to create profitability, you will always be in the same cycle.
• Regardless of the level of business you’re at, you do need some level of advisory accounting services.
• Success doesn’t just impact me, but it effects our children and our legacy changes based on our success.
• Not all contracts are good contracts.
• In 1971, President Nixon, the US dollar is just paper, I think we’re all worth more than a piece of paper. The dollar is NOT backed by gold. Who has the right to say you’re worth only 100 pieces of paper. We’re worth more than a piece of paper someone has assigned us to.
• FIGURE OUT YOUR WHY!?! Once you know your “why”, then create the outcomes and processes to get to the WHY.

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