Achieving Financial Freedom Before You Start a Business with Tawnya Schultz

Oct 7, 2020

If you have been thinking about starting a business but are knee deep in debt then you may want to work on creating a plan to pay it off first. If you are like others, many feel the solution to financial woes is solely making more money. But truthfully, the ONLY way to achieve financial freedom is to first create a plan to identify where your money is going now, cut unnecessary expenses and then if needed, look for ways to increase income. 

One of the BIGGEST mistakes most people make with money is focusing on the wrong thing to solve the financial problem. Let me be honest with you, my friends - - if you have not learned how to manage your personal finances to stay out of debt, you are not ready to start your own business. 

As a business and financial coach, I often see entrepreneurs struggling to make money because they make the same financial mistakes in their business that caused them personal finance issues. To help address how to achieve financial freedom before starting a business, I am joined by Tawnya Schultz of The Money Life Coach on this week’s Catch Your Money Podcast show.. 

Tawnya is a financial coach who teaches women how to master their money and financial mindset. As someone who once was deep in debt herself, she understands what it takes to create a financial plan and use that plan to achieve true financial freedom.

And she is here to share with you what she learned about the money mindset you need to have before starting your business.

“Having your personal money mantra that you want to say out loud is really powerful.” - Tawnya Schultz

Through her own experiences and working with her own clients, Tawnya teaches you how to master your money mindset first so you can move forward with your business ideas. By taking her advice and following her example you can get out of debt and get your finances in order. 

So if you’re ready to achieve financial freedom while starting a business but you know your personal finances and mindset still need work, tune into this week’s episode. Tawnya will convince you that the best time to start a business is after you master your own money mindset. 

Here’s a sneak peek of the convo:

• [3:11] Tawnya describes how our upbringing impacts the earliest financial habits.
• [6:51] The main reason why you most likely struggle with money.
• [11:44] You need to have this in place first before you can explore ways to bring in extra income.
• [16:43] Three things you need to remember in order to stay out of debt when starting a business.
• [22:52] Tawnya’s declaration that you need to write down and start using today.
• [27:34] The first questions you start asking yourself to begin your journey.

GRAB TODAY’S FREE RESOURCE: To download my free workbook Discovering Your God-sized Dream of Working for Yourself, along with resources mentioned in the episode, go to www.catchyourmoney.com/30

JOIN STARTING A BUSINESS THAT BANKS: My new 12-week eCourse with weekly group coaching calls will help you establish a strong business foundation, start a business with little-to-no money, and be ready to sell a product within 30 days or less. Sign up at: Starting a Business that Banks

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