Think Like A CFO Podcast

Building A 7-Figure Business

January 04, 2021 Melissa Houston Episode 16
Think Like A CFO Podcast
Building A 7-Figure Business
Chapters
Think Like A CFO Podcast
Building A 7-Figure Business
Jan 04, 2021 Episode 16
Melissa Houston

“I really believe in building those strong relationships with other women … to help each other achieve their goals. There’s enough room for everyone at the top.”

— Melissa Houston

2020 may just be the year of the female entrepreneur.

2020’s recession has hit women harder, with 55% of job losses found in sectors with largely female workforces, including travel, education, health services, and retail. Women are also being hired less during the pandemic, with hiring rates dropping from 47% to 45%.

Women learning that they need to build their own financial safety nets.

Entrepreneurship comes with a lot of bonuses — you can create your own schedule and advance your career at your own pace, rather than waiting for others to recognize your talent and promote you. 

But it can also be demanding and come with its own unique challenges — many of them emotional.

The truth is that many entrepreneurs jump into business without considering their limiting beliefs, and these limiting beliefs can drastically affect the level of success that you will reach in your business.

While women in business do face a number of major challenges, including limited access to funding, balancing work and domestic demands, fear of failure, lack of support system and mentors, a lack of confidence, they’re also likely to fall victim to a number of money mindset issues.

Women are more likely to believe that they’re “charging too much” or that they are not worth their fees. They’re more likely to believe that making money should be hard. They’re more likely to self-sabotage or feel guilty about making more than their friends, family, or partners.

Business ownership doesn’t need to be this hard! 

The key is recognizing the mindset issues that are affecting you, overcoming them, and letting yourself experience the success that you deserve!

“No one person can achieve success on their own. It takes the help of others. So, ask for that help.”

— Melissa Houston

In this episode, we’ll explore:

  • Three money mindset issues that you must work through in order to reach your full potential as an entrepreneur
  • The unique financial, logistical, and emotional challenges that female entrepreneurs face 
  • The top two skills to invest in when you’re starting a business (or looking to grow)

Highlights:

  • 00:44  Happy New Year (let’s hope!)
  • 01:56  7-figure v. 6-figure
  • 03:12  The limiting thoughts holding you back
  • 05:05  Support is necessary
  • 06:14  Female work and recession statistics
  • 10:10  Why go into business for yourself?
  • 11:40  Money mindset issues
  • 17:30  Major challenges women in business face
  • 20:26  Never fear failure
  • 22:28  Build your support system
  • 25:13  Confidence!
  • 28:22 The top two skills to invest in

Links:

The CFO Money Method Membership Program

The 4-Step Roadmap to Biz Finance Freedom

https://melissahoustoncpa.lpages.co/4-step-biz-finance-roadmap

Work with me

https://www.melissahoustoncpa.com/work-with-me

Want more tips and inspiration? Follow me on Twitter @melissahcpa and Pinterest @melissahoustoncpacga and visit my website: https://www.melissahoustoncpa.com

Show Notes

“I really believe in building those strong relationships with other women … to help each other achieve their goals. There’s enough room for everyone at the top.”

— Melissa Houston

2020 may just be the year of the female entrepreneur.

2020’s recession has hit women harder, with 55% of job losses found in sectors with largely female workforces, including travel, education, health services, and retail. Women are also being hired less during the pandemic, with hiring rates dropping from 47% to 45%.

Women learning that they need to build their own financial safety nets.

Entrepreneurship comes with a lot of bonuses — you can create your own schedule and advance your career at your own pace, rather than waiting for others to recognize your talent and promote you. 

But it can also be demanding and come with its own unique challenges — many of them emotional.

The truth is that many entrepreneurs jump into business without considering their limiting beliefs, and these limiting beliefs can drastically affect the level of success that you will reach in your business.

While women in business do face a number of major challenges, including limited access to funding, balancing work and domestic demands, fear of failure, lack of support system and mentors, a lack of confidence, they’re also likely to fall victim to a number of money mindset issues.

Women are more likely to believe that they’re “charging too much” or that they are not worth their fees. They’re more likely to believe that making money should be hard. They’re more likely to self-sabotage or feel guilty about making more than their friends, family, or partners.

Business ownership doesn’t need to be this hard! 

The key is recognizing the mindset issues that are affecting you, overcoming them, and letting yourself experience the success that you deserve!

“No one person can achieve success on their own. It takes the help of others. So, ask for that help.”

— Melissa Houston

In this episode, we’ll explore:

  • Three money mindset issues that you must work through in order to reach your full potential as an entrepreneur
  • The unique financial, logistical, and emotional challenges that female entrepreneurs face 
  • The top two skills to invest in when you’re starting a business (or looking to grow)

Highlights:

  • 00:44  Happy New Year (let’s hope!)
  • 01:56  7-figure v. 6-figure
  • 03:12  The limiting thoughts holding you back
  • 05:05  Support is necessary
  • 06:14  Female work and recession statistics
  • 10:10  Why go into business for yourself?
  • 11:40  Money mindset issues
  • 17:30  Major challenges women in business face
  • 20:26  Never fear failure
  • 22:28  Build your support system
  • 25:13  Confidence!
  • 28:22 The top two skills to invest in

Links:

The CFO Money Method Membership Program

The 4-Step Roadmap to Biz Finance Freedom

https://melissahoustoncpa.lpages.co/4-step-biz-finance-roadmap

Work with me

https://www.melissahoustoncpa.com/work-with-me

Want more tips and inspiration? Follow me on Twitter @melissahcpa and Pinterest @melissahoustoncpacga and visit my website: https://www.melissahoustoncpa.com