Are you making smart financial decisions for your new venture?
Building a business requires sacrifice, but how much is too much?!
In this episode of Dreams In Drive: No Parking, personal finance educator & best selling author Tiffany “The Budgetnista” Aliche shares her favorite money tips for entrepreneurs who want to put their #dreamsindrive but don’t want to go BROKE along the way.
The Budgetnista is founder of the LIVE RICHER Challenge. She is also is the bestselling author of the books, The One Week Budget and Live Richer Challenge. She and her financial advice have been featured on: Good Morning America, the TODAY show, PBS, TIME, The New York Times, Reuters, ESSENCE Magazine, FORBES, Fox Business.
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IN THIS PODCAST YOU’LL LEARN:
– Why older woman told Tiffany as a child that she would grow up to be a “rich woman”
– How being a preschool teacher for 10 years was the BEST preparation for launching her own business
– How Tiffany went from knowing NOTHING about business to running a successful 6 figure company
– How Tiffany increased her speaking rates from $1,500 to $12,500 in ONE year
– How to avoid the MAJOR money mistakes most new entrepreneurs make
– The difference between “looking like a business” and actually having a business
– The RIGHT time to spend money on your business
– Budgeting tips so that you don’t go BROKE launching
– They key to making your credit score jump like Jordan
– 3 types of entrepreneurs friends you need in your circle
– Secrets to growing a community of ride or dies
THE BUDGETNISTA’S KEYS TO SUCCESS (NOTES & TWEETABLES):
1.There are no coincidences in life. All experiences are valuable. You are learning a specific skill set that you are likely going to use in some shape or form. You never know where they make take you. Lean in where ever you are. Learn the lessons where you are.
2. When building your community you need to be engaging, educating and FUN! Test your crowd and adjust your teaching style accordingly.
3. Need encouragement charging clients? “If you’re broke…. you better cost SOMETHING.
4.If you’re a new entrepreneur and not sure of someone’s budget…ask them!
5. In the beginning of building your business, minimize how much you spend up front. If that thing you are about to buy does not directly lead to more money, you DON’T NEED it.
6. If you don’t live simply in your regular life, you’ll eat up all your budgeted business money.
7. Say it. Dream it. Do it.
8. Live simply. If you’re not willing to take the L now, you won’t get the W later. -@thebudgetnista
9. Growing a community is all about INTENTION!
10. It’s important to pick your niche. You can’t try to help everyone! Understand who is really listening. Why put energy towards people who are not?
11. Greatness is polarizing. A great brand pushes people away so they can pull their audience closer. People want to feel like your community is something special.’
12. Having a platform where you collectively work on goals is critical. Women love working in community.
13. Sometimes passion is the only thing that pays.
14. Find out what you are at your core: Are you a giver, learner, healer, or doer? That will help order your steps. -@thebudgetnista
CONNECT WITH THE BUDGETNISTA ONLINE:
Instagram: @thebudgetnista
Twitter: @thebudgetnista
http://thebudgetnista.com/
RESOURCES/TOOLS MENTIONED:
Join the Live Richer Challenge: http://www.livericherchallenge.com/
Mint.com
The Budgetnista budget templates
HAVE ANY MORE BUDGET TIPS FOR YOUR FELLOW DREAM DRIVERs? SHARE YOUR STORY IN THE COMMENTS SECTION BELOW!
