Episode 06 :: Money Mindset Checkup: Are Your Beliefs Holding You Back From Building A Profitable Food Business?
Finding a money mindset that leads to profits!
(Video + closed caption available on YouTube)
IN THIS EPISODE, I am JOINED BY CAROLINE SNYDER, FINANCIAL COACH AND FOUNDER OF VERDI DAILY TO DISCUSS THE MANY WAYS THAT OUR EMOTIONS CAN PLAY A ROLE IN OUR FINANCIAL DECISION MAKING AND HOW WE CAN RECOGNIZE AND OVERCOME THE BARRIERS TO SUCCESS THAT THEY CREATE.
Our personal money mindset and financial beliefs translate into our businesses and can affect how we deal with our finances; from pricing, to how much we pay ourselves, to how much we pay others, and so much more. If you’re a food business owner that feels anxiety, hesitation or fear around the money matters of your food business, you’ll find a ton of value in this episode!
In this episode of The Good Food CFO Podcast…
How growing up in a household with an emphasis on doing good, and the belief that making a lot of money was bad, affected Caroline’s personal relationship with money.
How your personal money narrative can cause fear, anxiety and strong emotions around making important financial decisions like pricing your products right and paying yourself a fair wage from your business
5 things you can do to overcome fears, anxiety and resistance to price changes and other financial decisions in your food business
Real-life scenarios and reasons WHY food business owners don’t pay themselves, or severely under-pay themselves.
When it’s OK to NOT pay yourself from your food business.
The power of having a goal + creating a plan for how to make paying yourself your goal salary a reality!
What an “In-Kind Donation” is, and how it can help you change your money mindset and reach your salary goals?
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