Jones Coaching Group Podcast

The Money Itch Podcast started five years ago. I can’t believe it.

As I transition from my coaching business to my new exciting venture, I thought it would be perfect if I left you with a powerful message giving you the most important things I learned that allowed me to build a six-figure part-time business. 

Let me start by saying, I always knew I was going to be an entrepreneur from a very young age. This isn’t my first business, but it’s the first one that worked. Everything I have built as an entrepreneur has been intentional. 

This episode is designed to be a crash course on business where I share my secrets about how it all came together- it’s what I wish I heard in the beginning of my business. 

In this episode, I share…

My final message:

I want to say thank you to all my clients, supporters, and listeners. These past six years have been amazing. I’m in awe of what has come together. While it’s sad to end this chapter of my entrepreneurial journey, I am so excited to start writing the next one. 

I hope this episode gives the “how to’s” and inspiration to make your business dreams come true. 

Kendall

I went from having one income stream to three. The road to getting there wasn’t easy, but it was worth it. There is so much I wish I knew earlier. Like many money goals, there weren’t many people around me that had the experience I needed. 

The result was me making a lot of mistakes mostly around not giving each income stream the attention they needed to grow with ease. 

Every month, someone tells me that they want to create another income stream outside of their 9-to-5s. Their ideas range from…

…and so much more.

However, people rarely ask me what it takes to juggle this income stream with their careers. Believe it or not this is the number one question you NEED to ask yourself. Why?

Your income stream grows and stabilizes when you give it time and attention. It has to be nurtured. If your plan is to create an income stream that doesn't have this, you could be setting yourself up for failure. 

In this episode, I will be sharing with you the main strategies I’ve used to get better at juggling my income streams. These strategies have helped me to see continuous success and reduce the stress I used to feel.

After six incredible years, we are excited to launch our next business! With that comes big changes. Jones Coaching Group will no longer offer coaching services or the Money Itch Podcast. 

Since I’m making big changes to Jones Coaching Group after six years of the same financial plan, I’ve decided to help you work through deciding if it’s time for you to make changes in your financial strategies as well. 

I think this is one area of money we don’t talk about enough. We’re often taught that we have to stick with a financial plan even if it doesn’t feel right or we are not seeing the ROI we want. 

When I talk about ROI in this case it doesn’t have to be financial- it can be emotional. 

This is something I wish everyone knew about in terms of financial plans… 

You can get the same financial results with different financial strategies. 

For example, one person can retire early from stock investments, while another person can retire from starting a business or investing in rental properties. All of these financially savvy people can retire early, but through different strategies. 

You don’t have to stick to one way of hitting your financial goal. You just have to get the best education on the strategy that works for you. 

That’s why this money topic is so important. 

In this episode, I will discuss

Anyone who has been broke in the past and has changed their financial lives has financial instincts that keep them financially safe. They live with an anxiety that encourages them to create financial safety nets. 

We… 

Being broke in your past can be dictating your actions now. While this can lead to fat savings accounts and great retirements, it can also lead to a lack of growth. 

We often don’t hear this advice with money. We hear that scarcity is the key. I can tell you from experience, that my wealth didn’t grow until I started to question my desires to hold onto every dollar and take some risks. 

In today’s episode, I will discuss…

-The honest results of being broke in the past

-How to identity the way your financial past impacts your financial future

-An exercise to help you to let go of fear and anxiety around money to live a fuller financial life

You might’ve heard that there is no right or wrong way to be an entrepreneur; there are only downfalls. Downfalls that often can be described as a risk. 

The financial model of your business is one area that can increase the risk of your business. 

One contract businesses are businesses that seek out one contract to produce the revenue. While this can be a great place to start, you may find that the risk profile of this financial model leaves you feeling uneasy. 

You can see one contract businesses with 

In this episode, I will discuss…

“Do you want to know how wealthy you are?” Depending on who I’m asking determines the reaction to this question. 

You might be someone that’s excited to see the number. Then again, there’s a chance you know you need to make some financial changes and have decided the number might cause you anxiety. 

Perhaps, a better question is…

“Do you want to build wealth?” Most people would answer “YES!” to this question. 

In order to build wealth, you need data. The data is your starting place, which is understanding your net worth. 

It’s really hard to create a wealth building plan without knowing where to start. That is where your net worth comes in and becomes a launching plan to help you increase wealth. If you want a road map to your wealth journey, you need a starting point. 

Understanding your current net worth will stop you from taking in every wealth building strategy out there and narrow down on the ones that work for your current state. 

In this episode, I…

When I started Jones Coaching Group in 2018, I quickly ran into a problem. I was looking for business advice online and there was a persistent dominant voice. It came from someone who got their working energy from being in front of the camera, on stage, and engaging with tons of people at once. 

The problem…

I didn’t get my working energy that way. In fact, I’m the opposite. I’m an introvert and though I love to be around people, I get my energy from solo time. What was I supposed to do?!

Unfortunately, I didn’t get my answer in 2018. It took six years of trial and error to strike a better balance between me in my business. Yes, yes, I am the type of person that can push through. I actually love that about myself. However, you get to a point where you can’t push all the time. 

If you don’t already know, your business will grow with the amount of mental and emotional availability you have. That is why understanding my introverted needs has been the key for me to not become burned out, while continuing to improve my business. 

In this episode, I am…

A lot of us aspire to achieve an 800+ credit score. I get it! I built my credit score from the low 600s to 800s and doors opened for me in ways I only dreamed. 

· I got access to better financial products

· My interest rates are incredibly now

· I never felt like I would be turned away from what I want 

Having a high credit score is empowering, so we work very hard to get there. Along the way though, we hear misconceptions of what truly is impacting our credit scores. 

In today’s episode, we'll talk about… 

· Three common misconceptions I hear about credit scores 

· How these misconceptions can impact your financial growth in other ways 

· My credit score story 

Jones Coaching Group is going through major changes as we enter our sixth year of coaching! To bring in our business anniversary, for a limited time you can receive personal finance and business coaching for less than ever. To learn more about this coaching offer click the links below. If you have questions, feel free to email me at [email protected].

Click here to schedule your $130 personal finance coaching session. 

Click here to schedule your $200 business coaching session.

Whether you want to build a side business to keep while you continue along your current career path or you want to build a side business to use as an exit from the 9-to-5 world, you will eventually be confronted with the task of how to make time.

Unfortunately, businesses don’t come together by merely thinking about the ideas. Those ideas must be unlocked by taking action. Therefore, you will need to create time in your week to dedicate to this new business. 

One of the questions I get often is:

“How did you build Jones Coaching Group while working a demanding job?”

It helps that when I really want something, I develop tunnel vision. If you ask my husband and parents about what I was like when I was building my business, they'll tell you that I was consumed. Being consumed with a money goal can get you the results you want quicker. The truth is, I committed to creating time every single day for my business. What were the results?

Before I left my successful career as a management consultant, my business generated enough profit monthly to pay for all my bills and spending. This would not have happened if it weren’t for the business knowledge I acquired along the way, but most importantly the time I dedicated to working on my business creating concrete results. 

In this episode, I share six time management tips that you can use to juggle your current career and your new business. 

A couple weeks ago, I did an audit on my financial coaching business. I was looking for all the small expenses that we didn’t notice. The results? 

I found over $250 a month going out of the door. That’s $3,000 a year. 

That’s pretty significant money, right?! You can take an amazing vacation each year with this money! 

That spending led me to do this podcast episode on frugality and wealth building. I went over to my wealth plan and typed in the numbers. If we shift this money over to our investments, at retirement age we will increase our net worth by another $675,000 and yearly spending in retirement by $18,300. 

That’s powerful! 

We often hear financial gurus talk about unnecessary spending being the number one reason you can’t build wealth- but is that true? 

I don’t think it’s that simple. Why? Because, we are going to be in this money thing for life. You should be able to enjoy your money and increase your wealth at the same time. It’s not unrealistic. I have done it and so can you. 

In this episode, I am going to …