Developing a Positive Money Mindset to Achieve Profitability in Business

The Home Service Expert Podcast

Tommy Mello

Business, Management

4.8 • 705 Ratings

🗓️ 22 January 2021

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

Shawnna Weber is the CEO of Edgewood Business Solutions and the host of the Faces of Finance podcast. In 2011, she started the company, which specializes in business consulting, accounting, and bookkeeping. Collaborating with entrepreneurs, her team has managed over $60 million in assets across their client base, and have negotiated and implemented strategies saving companies over $1 million over the past 6 years.

In this episode, we talked about accounting, strategic planning, bookkeeping...

Transcript

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0:00.0	So there's a lot of things that can cause a scarcity mindset, and it can stem from your early childhood.
0:07.8	Maybe you didn't have enough money.
0:09.7	Your parents were talking about that, or they fought over money, or they just didn't talk about it at all.
0:14.5	Or in adulthood, maybe you struggled, you're just trying to pay your rent or you lost your job.
0:20.1	There's a lot of scenarios that are
0:22.2	related to money mindsets. Sometimes people are told that if they ask for money, that it's rude or
0:28.4	unprofessional. And we really see this come out when people are undercharging for their services
0:34.4	or they're afraid of growth. And to really combat that, it takes practice and effort.
0:40.2	It's not a one and done, but you have to take action.
0:43.2	That's the first step.
0:44.1	If you just take no action, you're going to be in the same situation.
0:48.9	And I think reminding yourself that you're in business to make a profit,
0:52.6	and that profit supports you, it supports your
0:54.8	family and it supports your community. You're not a non-profit. You're a for-profit.
0:59.9	Welcome to the Home Service Expert, where each week, Tommy chats with world-class entrepreneurs
1:05.5	and experts in various fields like marketing, sales, hiring, and leadership to find out what's really behind
1:12.6	their success in business. Now, your host, the Home Service Millionaire, Tommy Mello.
1:21.5	Welcome back to the Home Service Expert. My name is Tommy Mello, and today I have a guest
1:26.3	visiting us from California. Her name is Shaunaello, and today I have a guest visiting us from California. Her name is
1:29.6	Shauna Weber, and she's an expert in accounting, strategic planning, bookkeeping,
1:36.2	invoicing, and marketing strategy. As I said, she's based in, believe it's, Lodi, California.
1:43.3	You're the CEO from 2011 to present of Edgewood Business Solutions.
	...

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