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I am sure a lot of people can resonate with this.  This episode is a very spontaneous.  Been in the business for nearly 8 years.  This is one of the most ridiculous excuses that I have come across and still come across to date. 

You would happily spend $500 or more on your hair but hesitate to invest $500 in your business to grow your business. 

Spending something that has no return vs spending on something that can actually grow your wealth!  Which one do you choose?   This is just my personal opinion but I would really love to hear from you.  What are your thoughts around this?  Did you ever experience this during your discovery call or having a conversation with someone? 

Send me a DM.  I really hope I am not the only person who is mindblown over this :) 

Connect with Lily

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Get a copy of Magnetic Abundance here. All proceeds go to charity called Kiva.org

I am super pumped about today;s episode because I have the amazing boss lady , Morgan Owen, joining me. We are going to talk about all things finance, loans & budget. But before we dive into all the juicy discussions, let’s get to know who Morgan is.  

Morgan Owen, Founder of Penny Finance is an expert in all things home loans, commercial / business finance and personal cash flow. 

She is a young, energetic, driven entrepreneur who challenges the status quo and finds it very hard to take no for an answer  

Morgan uses her empathy as her superpower to connect and inspire you to FASTTRACK your way into the property market  

She's passionate about financial education, getting results, planning for success and helping go-getters build financial independence. 

In this podcast, Morgan gives her insight on interest rate and why we should be looking internally what’s happening in the household instead of worrying about what we can’t control of.  Tips for small business owners who want to tip their toes in the investment world and lots more. 

Morgan also has shared a budget template that she uses for her own clients, feel free to download here. 

Connect with Morgan at her instagram – www.instagram.com/_pennyfinance 

You can download the budget template - here 

Connect with Lily

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Find out more about WORKING WITH ME💛 here

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Get a copy of Magnetic Abundance here. All proceeds go to charity called Kiva.org

Here is another episode of year end series.  This is to help guide your way through year end process, specifically during June 23.  We all know how hectic it is for June23, lots of deadlines, and tasks. The How, the What, The Who and the Why.  If you have not listened to any of the year end series, I do encourage you to go back to episode 20 & 21 to listen.  This week, although it feels like a daunting month, this episode will make it so simple for you to understand and follow.  f you want to have a stress free year end, make sure you listen on. 

I have also created a downloadable for you to help you.  Link is here 

Episode 20: Actions to do 30 Days before Year End 

Episode 21: Your accountant/bookkeeper will love you if you do all these 

Connect with Lily

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Get a copy of Magnetic Abundance here. All proceeds go to charity called Kiva.org

In last week’s episode, we had the wonderful Anne Lamb who is a pricing strategist educating us all this about pricing.  This week, I would love to dive deeper and explore with you the most common mistakes businesses make. 

In my experience, pricing is not a black and white matter.  We need to understand the industry you are in, the factors, COGS, value, time and effort that are involved to produce a certain service or product.  This episode, I am sharing 4 common mistakes that I see while dealing with my clients and on the market.   

I would love to hear if this resonates with you.  Do you agree? If you have any other mistakes that you have come across, I would love for you to share it with me via DM. 

Connect with Lily

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Get a copy of Magnetic Abundance here. All proceeds go to charity called Kiva.org

Another Year End Series to prepare yourself before the Financial Year End! In this episode, we invited Anna Lamb from Uplifting Value.  Anna is a Pricing Strategist. She has spent over 20 years across industries such as Information Technology, Telecommunications, Professional Services, Publishing and Travel, pricing a diverse range of products and services; personal computers, consulting services and e-books to name a few. 

Having seen individuals including herself undervalue themselves, impacting their self-confidence and feeling resentful, she resolved to work on herself and help others to truly step into their worth. 

Anna founded UPLIFTING VALUE with the vision to help female-led business owners value their work’s worth and price accordingly. 

We touched on pricing your work through your self-value, value-based pricing over fixed pricing and if you are currently in the middle of revamping your services and a little stuck on your pricing, listen on! 

Anna has also kindly shared a reflection questionnaire to guide you to find clarity on how your work adds value and subscribe to my email newsletter for any tips and tricks. 

Link here - https://www.upliftingvalue.com.au/reflections 

Connect with Anna 

LinkedIn 

https://www.linkedin.com/in/annalamb/ 

https://www.linkedin.com/company/upliftingvalue/ 

 Website 

www.upliftingvalue.com.au 

 Instagram 

@upliftingvalue 

Connect with Lily

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Find out more about WORKING WITH ME💛 here

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Get a copy of Magnetic Abundance here. All proceeds go to charity called Kiva.org

Last week, we started year-end series.  This is to help guide your way through year end process.  The How, the What, The Who and the Why.  If you have not listened, go back to last episode and listen.  This week, although this topic seems straight forward, but some still get confused and overwhelmed.  So, if you want your accountant or bookkeeper to love you, check out the podcast. 

I have also created a downloadable for you to help you.  Link is here. 

Connect with Lily

Send me a DM on INSTAGRAM 📸 here

Find out more about WORKING WITH ME💛 here

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Get a copy of Magnetic Abundance here. All proceeds go to charity called Kiva.org

As we approach the end of the financial year, it’s time to start thinking about what you need to do.  You’re probably overwhelmed and not sure where to start.  This podcast will help you where you can start now or what to do 30 days before end of year.  Now remember, I’m just prompting you.   Seek professional advice from your accountant or BAS agent. 

 I have also created a downloadable for you to help you.  Link is here 

Connect with Lily

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Find out more about WORKING WITH ME💛 here

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Get a copy of Magnetic Abundance here. All proceeds go to charity called Kiva.org

Choosing the correct software for your business can be one of the most challenging tasks.  Many of us know that we need a new system but are put off by the various products, the amount of time and costs needed to invest in, or a fear of choosing the wrong solution because you just can’t afford to make a mistake, so it’s important to get it right first time. 

If you want some tips on how to choose the correct software that is right for your business, then listen on. 

Connect with Lily

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Get a copy of Magnetic Abundance here. All proceeds go to charity called Kiva.org

Today’s episode is all about reports.  Often, I get questions like what reports should I pull out to see how the business is doing, how to read the financial reports, as small business owner, what are the best reports to review and etc. 

Many business owners see success as the direct result of a strong work ethic and good marketing plan, but we know the real secret: it’s all in the accounting! (Well, at least that is what I like to think so)  Good accounting sustains a business, and provides data that will help the owner make the smartest decisions about where to go next. 

In order to make smart decisions, small business owners need to review reports.  There are many different reports that describe the financial health of the business but the key reports that drive the decision making at any stage of the business are the balance sheet, profit & loss and cashflow report. 

If you are someone who just started your business or in the business for a few years and still have no clue on what reports to look at?  This is definitely the episode for you.   

If this is helpful, feel free to share it on Instagram and tag me.  I would love to know who you are! 

Connect with Lily

Send me a DM on INSTAGRAM 📸 here

Find out more about WORKING WITH ME💛 here

Or Chat with me here

Get a copy of Magnetic Abundance here. All proceeds go to charity called Kiva.org