Tracey Bissett is an accomplished professional with 20 years of experience in the financial services industry. Tracey educates and empowers individuals, notably young adults and entrepreneurs, to take control of and live their financial lives with confidence. Tracey shares some of the basics of how to get your finances in order so that you’re not a struggling small business. She offers practical advice that you can get started on today! Find out more about Tracey and her wealth of knowledge, in this week’s episode.

 

Key takeaways:

• Tracey loves animals! She has a dog, herself, but reminds listeners to make sure they save up for it appropriately because dogs can be expensive.
• How did Tracey get into the financial industry?
• Remember, we are all at different places in our financial journey! There’s no shame in that! Just take small steps forward.
• How does Tracey help with her clients?
• You have to think about your business growing and how much it’ll be to pay someone to do that task for you (that you’re currently doing for “free”). No matter what, this means you need to charge more!
• Confidence is key, but not everyone has it and it can lead them to be passed up for good job opportunities. Instead of trying to “fake it,” try to lead with facts in your abilities so that you get that job.
• How do you overcome a scarcity mindset?
• Have a gratitude practice. When you focus on the positives, you don’t get so caught up on the negatives.
• Let’s talk about cash flow. What are the best ways to manage this?
• Financial speak is a specific language and that’s why it can be so intimidating for some. Tracey tries to simplify these concepts to make them easier for everyone.
• When it comes to subcontractors, what’s the best structure to pay them?

 

Resources:

Bissettfinancialfitness.com

Tracey on LinkedIn

 

Quotes:

 

“Money doesn’t need to be emotional. It’s not something life is tied up into. It’s a tool you can use to do things.”

 

“Start observing your reactions to anything money-related. Sit with it.”

 

“Start making your money and your finances a regular part of your routine, just like you do with your sales and marketing.”