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Small Business Big Money™
Small Business Big Money™
Author: Financial Coach for Entrepreneurs, Gina Knox
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© Financial Coach for Entrepreneurs, Gina Knox
Description
Small Business Big Money is a financial podcast for small business owners and entrepreneurs who want money to feel like the easy part of business. If you want a fully funded business savings, high profit margins, a luxurious take home pay this is the podcast for you. Walk away every week with tactical advise, money mindset coaching, and the feeling of being financially unbothered.
232 Episodes
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Register for the Wealth Masterclass: https://ginaknox.co/masterclassRegister for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training Join Small Business Money School: https://ginaknox.co/school Episode SynopsisIn this episode of Small Business Big Money, host Gina Knox discusses the importance of setting personal income goals for business owners rather than traditional revenue goals. She emphasizes the significance of owner's pay as a motivational tool and a strategy for business longevity. Gina provides practical steps for determining an appropriate owner's pay and how to reverse engineer business revenue goals based on that figure. The episode also highlights the importance of identifying and solving the right problems in business to achieve financial success.Keywords: small business, financial coaching, goal setting, owner's pay, business strategy, financial security, profit, revenue goals, personal wealth, business problems, profit first, s-corp, tax strategies
Register for the Wealth Masterclass: https://ginaknox.co/masterclassRegister for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training Join Small Business Money School: https://ginaknox.co/school Episode SynopsisSummaryIn this episode of Small Business Big Money, Gina Knox discusses the common mindset of entrepreneurs who settle for mediocrity in their financial goals. She emphasizes that business owners often accept just being 'fine': covering bills and being debt-free, when they could aim for greater financial success. Gina explores the importance of mindset and strategy in overcoming financial limitations, encouraging listeners to recognize their potential for wealth building through assets and cash flow. She provides insights into the skills necessary for financial growth and empowerment, urging entrepreneurs to seek more than just survival in their business ventures.Keywords: millionaire mindset, wealth, mindset, debt, savings, investing, small business, financial coaching, entrepreneurship, wealth building, mindset, financial strategy, passive income, cashflow, assets, financial security
Register for the Wealth Masterclass: https://ginaknox.co/masterclassRegister for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training Join Small Business Money School: https://ginaknox.co/school Episode SynopsisIn this episode Gina covers her previous 2025 predictions for small business, where she predicted right and what she got wrong, and then she goes into her 2026 small business predictions. What she thinks will happen in the market, in business, and with us as humans.Keywords: millionaire mindset, wealth, mindset, debt, savings, investing, journal prompts, goal setting, personal development, money coaching, coaching
Register for the Wealth Masterclass: https://ginaknox.co/masterclassRegister for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training Join Small Business Money School: https://ginaknox.co/school Episode SynopsisIn this episode Gina gives you 4 powerful questions to ask yourself to hit your financial goals in 2026. These questions came from her Millionaire Mindset Lock In Challenge she hosted with her 7 Figure Wealth clients over the last 10 days. In the episode she shares the questions, examples, and tips on what makes them so powerful. Keywords: millionaire mindset, wealth, mindset, debt, savings, investing, journal prompts, goal setting, personal development, money coaching, coaching
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training Join Small Business Money School: https://ginaknox.co/school Episode SynopsisIn this episode Gina dives into how her weekly webinar funnel has performed over the last year, generating over half a million dollars in sales for her company and the 2 critical lessons she had to learn to do so. She went from a failed $10,000 business investment that she cashed out her inheritance for, to 5 years later turning it around and using that program to generate real sales. Tune in to hear the real webinar metrics, where the ads funnel is performing well, and underperforming, and how Gina overcame victim mentality to get here.Keywords: webinar funnel, ads funnel, facebook ads, coaching business, weekly webinar, financial coaching, emotional finance, money mindset, business finance, entrepreneurship, growth mindset, personal development.
Register for my FREE debt class for entrepreneurs that I host every week live (not pre-recorded): https://ginaknox.co/free-training Join Small Business Money School: https://ginaknox.co/school Episode Summary:In this conversation, Jereshia shares her journey of overcoming her fears around spending money and the emotional challenges that come with financial decisions. She discusses the creation of a 'blow money' account to allow herself to indulge in luxury purchases without guilt, highlighting the importance of balancing financial responsibility with personal enjoyment.About Jereshia Hawk:Jereshia Hawk is a strategic business advisor who went from transmission pipeline engineer to multi-seven-figure entrepreneur. After leading $400+ million corporate projects, she built an online coaching business helping hundreds of service-based entrepreneurs scale through her program Services That Sell.Host of the "Jereshia Said" podcast and featured in Forbes and Black Enterprise, she's known for her systems-driven approach to high-ticket sales and sustainable business growth. A vocal advocate for claiming success without apology, Jereisha openly discusses wealth-building and her "new money" identity while helping entrepreneurs design profitable businesses that align with their lives.Where to find Jereshia:Website: https://www.jereshiahawk.com/Podcast: https://www.jereshiahawk.com/podcastSocial: https://www.instagram.com/jereshiahawk/Keywordsmoney management, financial fears, personal growth, luxury spending, business profits, emotional spending, financial freedom, self-care, wealth mindset, indulgence
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training Join Small Business Money School: https://ginaknox.co/school Episode SynopsisIn this conversation, Gina Knox discusses the complexities of managing debt and the emotional challenges that often accompany financial decisions. She emphasizes that overcoming debt requires not just mathematical skills but also addressing the emotional barriers that prevent individuals from seeking help and making sound financial choices.Keywords: debt management, financial coaching, emotional finance, money mindset, budgeting, personal finance
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training Join Small Business Money School: https://ginaknox.co/school Episode SynopsisIn this conversation, Gina Knox uses the leaky bucket analogy to illustrate the challenges businesses face in achieving profitability. She emphasizes the importance of identifying and addressing the 'holes' in a business that drain resources and hinder growth. By plugging these holes, entrepreneurs can create a more sustainable and profitable business model, allowing for creativity and strategic thinking to flourish.Keywords: business, profit, financial health, entrepreneurship, money management, business strategy, growth, mental capacity, creativity, wealth mindset, money mindset
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
Episode Synopsis:
In this episode of Small Business Big Money, Gina Knox shares her journey towards achieving a million dollars in her taxable brokerage account. She discusses her initial challenge, the progress made over six months, and the strategies employed to grow her investments. Gina emphasizes the importance of mindset, contributions, and understanding market volatility while also providing insights into her financial coaching program, 7 Figure Wealth Mastermind.
Beginning Balance: $151,471.10
End Balance: $328,531.99
Contributions: $74,310.08
Dividends: $1,175.19
Gains: $101,575.40
Timestamps:
00:00 - Setting the Million Dollar Challenge02:52 - Tracking Progress and Contributions08:55 - Understanding Gains and Market Volatility12:09 - Mindset Shifts and Overcoming Hurdles20:02 - Systems for Financial Success21:51 - Conclusion and Call to Action
Category: Wealth
Keywords: small business, financial coaching, investment growth, personal finance, wealth building, mindset shifts, financial systems, brokerage accounts, market volatility, financial goals
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
Episode Synopsis:
In this episode of Small Business Big Money, host Gina Knox discusses the common struggles faced by small business owners, particularly those making significant revenue but struggling with cash flow and profitability. She emphasizes the importance of understanding financial data and avoiding the pitfalls of expanding product offerings without proper analysis. The conversation highlights the need for businesses to focus on core offerings and operational efficiency to ensure sustainable growth and financial health.
Timestamps:
00:00 - The Cash Flow Conundrum10:07 - The Importance of Data in Business17:41 - Scaling Strategies: Go Deep, Not Wide
Category: Entrepreneurship
Keywords: small business, cash flow, profitability, scaling, financial management, data-driven decisions, operational complexity, business growth, product offerings, financial security
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
Episode Synopsis:
In this episode of Small Business Big Money, host Gina Knox shares her insights on the importance of negotiation and understanding power dynamics in financial situations. Through her personal experience of negotiating with her landlords about moving out early, she emphasizes the significance of questioning assumptions about money and recognizing one's own power in negotiations. Gina breaks down the process of negotiation into understanding the facts, motives, and creating win-win scenarios, encouraging listeners to challenge limiting beliefs around money.
Timestamps:
00:00 - Life Updates and Moving Plans02:46 - The Power of Asking for Money05:05 - Understanding the Facts of the Scenario09:28 - Negotiation Dynamics and Power12:45 - The Importance of Win-Win Negotiations
Category: Entrepreneurship
Keywords: small business, financial coaching, negotiation, money mindset, asking for money, lease agreements, power dynamics, win-win scenarios, financial security, personal wealth
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
Episode Synopsis:
In Part 2 of Genevieve Zizzo’s story, we step into the rebirth. After crumbling under $350,000 of business debt, Genevieve shares how she’s breaking the cycle of emotional spending, paying down debt month by month, and rebuilding trust in herself. She talks about the importance of debt neutrality, the power of coaching, and how joining forces financially with her husband has opened up new possibilities. Genevieve also reveals how she’s started investing while still in debt and why this chapter of her life feels like true rebirth and renewal.
Timestamps:
00:00 – Tracking progress: paying down $30K in debt 03:00 – Breaking the debt cycle and stopping new debt 06:24 – Catching emotional spending before it happens 10:21 – Why emotions drive money decisions 16:20 – Joining Seven Figure Wealth with her husband 20:18 – Building trust and planning for retirement together 24:34 – Declaring 2025 the year of “Rebirth”
About Geneviève Zizzo:
Geneviève Zizzo is a manual osteopathic practitioner, clinic owner, and the creator of Emotional Anatomy for Healthcare Professionals — a groundbreaking program that teaches healers how, why, and where emotions express themselves through the nervous system, fascia, and physiology. This deep area of passion and research led to her latest creation: The Body Oracle, an AI tool that helps both patients and practitioners decode the emotional root of physical symptoms for a truly holistic understanding of what the body is saying.
With 15 years in practice and a lifelong obsession with how the body speaks, Geneviève blends science and intuition to help people reconnect to their body’s wisdom — and build lives and practices that feel as good as they look.
Where to find Geneviève:
Website: www.genevievezizzo.com, www.fchn.ca (clinic website)
Socials: @genzizzo
The body oracle link: https://chatgpt.com/g/g-6837d24e3ee881919ac01861850d1e80-the-body-oracle
Category: Entrepreneurship
Keywords: business debt, small business, osteo clinic, COVID shutdowns, entrepreneurship, government loans, hiring staff, financial collapse, debt reckoning, resilience, rebuilding business, money mindset, business owner struggles, debt spiral, online business pivot
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
Episode Synopsis:
In Part 1, Genevieve Zizzo opens up about building her Osteo clinic from the ground up, expanding into a thriving practice, and then watching it all collapse under the weight of COVID shutdowns and mounting expenses. She shares the heartbreaking reality of carrying 15 staff, taking on government loans, and eventually staring down $350,000 of business debt. This is the raw story of what it means to crumble under debt while holding on to the belief that resilience is possible.
Timestamps:
00:00 – From student to clinic owner at 23 04:23 – Expansion, partnership, and early debt 07:50 – COVID shutdowns and government loans 12:17 – Hiring internationally during the pandemic 18:35 – The dream of a “utopian clinic” crumbles 19:49 – Facing $350K of business debt 33:30 – First online course brings in $25K
About Geneviève Zizzo:
Geneviève Zizzo is a manual osteopathic practitioner, clinic owner, and the creator of Emotional Anatomy for Healthcare Professionals — a groundbreaking program that teaches healers how, why, and where emotions express themselves through the nervous system, fascia, and physiology. This deep area of passion and research led to her latest creation: The Body Oracle, an AI tool that helps both patients and practitioners decode the emotional root of physical symptoms for a truly holistic understanding of what the body is saying.
With 15 years in practice and a lifelong obsession with how the body speaks, Geneviève blends science and intuition to help people reconnect to their body’s wisdom — and build lives and practices that feel as good as they look.
Where to find Geneviève:
Website: www.genevievezizzo.com, www.fchn.ca (clinic website)
Socials: @genzizzo
The body oracle link: https://chatgpt.com/g/g-6837d24e3ee881919ac01861850d1e80-the-body-oracle
Category: Entrepreneurship
Keywords: business debt, small business, osteo clinic, COVID shutdowns, entrepreneurship, government loans, hiring staff, financial collapse, debt reckoning, resilience, rebuilding business, money mindset, business owner struggles, debt spiral, online business pivot
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
Episode Synopsis:
In this episode of the Small Business Big Money podcast, Gina Knox and Anne Nguyen discuss Anne's journey through burnout, financial challenges, and the transformation of her business. They explore the emotional and practical aspects of managing debt, making wise investments, and the importance of mindset in entrepreneurship. Anne shares her experiences of navigating the complexities of running a business while dealing with personal struggles, and how coaching has helped her shift her perspective on wealth and success. The conversation highlights the significance of making informed financial decisions and the impact of personal growth on professional success.
Timestamps:
00:00 - Introduction and Background01:42 - The Journey to Burnout10:16 - Navigating Investments and Financial Strategies15:40 - Understanding Wealth and Generational Impact25:31 - Reframing Debt and Financial Perspectives32:22 - Understanding Debt and Its Root Causes34:37 - Mindset Shifts Around Wealth and Debt36:39 - Business Rebuilding: From Negative to Positive Profit43:41 - Cutting Expenses and Owner's Pay for Growth49:21 - The Importance of Temporary Sacrifices for Long-Term Success
About Ann Nguyen:
Ann is a Tantra Teacher & Somatic Sex, Love, & Relationship Coach for powerful, legacy-creating WOC whose work centers on pleasure & the erotic as liberatory practices for personal & collective empowerment.
She teaches women how to love their bodies, create thriving intimate relationships, and channel eroticism into better relationships, career, creativity, spiritual power, leadership and self love.
Through her coaching, she reconnects women to the power of their sexuality and facilitates deep transformation for erotic reclamation.
Where to find Ann:
Website: www.theannnguyen.com Instagram: www.instagram.com/theannnguyen Podcast: Love, Sex & Pleasure with Ann Nguyen: https://www.buzzsprout.com/2321776
Category: Entrepreneurship
Keywords: burnout recovery, business rebuild, money shame, debt spiral, money mindset shifts, wealth building strategies, generational wealth, immigrant daughter story, financial coaching, investing decisions, Roth conversion, retirement planning, profit increase, financial transformation, trust fund baby redefined, rich white man money moves, emotional side of money, breaking money cycles, financial strategies
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
Episode Synopsis:
In this episode of Small Business Big Money, Gina Knox emphasizes the importance of financial management for small business owners, particularly those just starting out. She discusses the basics of managing finances, including the necessity of separate business accounts, understanding income and expenses, and the significance of knowing your numbers. Gina also highlights the importance of profit, the dangers of quitting a job prematurely, and the need to identify current business problems to spend wisely. The episode serves as a foundational guide for baby business owners to set themselves up for financial success.
Timestamps:
00:00 - Introduction to Financial Thriving for Small Businesses00:57 - Back to Basics: Owner's Pay and Financial Management02:52 - The Importance of Separate Business Accounts07:09 - Understanding Your Numbers: Income and Expenses12:28 - Profit and Its Role in Business15:52 - Avoiding Premature Quitting: Financial Security18:10 - Identifying Business Problems and Spending Wisely29:58 - Recap: Key Takeaways for Baby Business Owners
Category: Entrepreneurship
Keywords: small business, financial coaching, owner's pay, business management, financial security, entrepreneurship, business expenses, profit, cash flow, business growth
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/free-training
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
Episode Synopsis:
In this episode, Gina Knox reflects on her journey to achieving her first million dollar year in business. She shares the challenges she faced, including navigating grief and parenthood, and how mindset shifts and support from her partner and community played crucial roles in her success. Gina emphasizes the importance of patience, emotional resilience, and defining success beyond financial goals. She discusses her marketing strategies, the significance of building a team, and the impact of financial freedom on her lifestyle. Ultimately, Gina celebrates her achievements and looks forward to future aspirations, encouraging others to embrace their own go years.
Timestamps:
00:00 - Celebrating Milestones: A Million Dollar Year03:03 - The Journey Begins: From Side Hustle to Success06:01 - Navigating Life Changes: Grief, Parenthood, and Business09:02 - Mindset Shifts: Embracing Risk and Letting Go11:57 - The Power of Support: Partner and Community Dynamics14:42 - The Slow Road to Success: Patience and Growth17:51 - Overcoming Burnout: Lessons Learned and Strategies20:57 - Financial Freedom: The Impact of Wealth on Life23:57 - Building a Team: Contractors vs. Employees27:00 - Marketing Strategies: Launches and Email Marketing29:54 - The Emotional Journey: Navigating Feelings in Business32:48 - Defining Success: Personal Goals vs. Business Goals35:57 - Mom Guilt and Balancing Life: Parenting and Business38:51 - The Importance of Community: Surrounding Yourself with Support41:51 - Living an Extraordinary Life: Embracing Ambition44:38 - The Future: Goals and Aspirations Beyond a Million47:44 - Final Thoughts: Celebrating Achievements and Growth
Where to find Kirsten:
Website: https://kirstenroldan.com/ Instagram: https://www.instagram.com/kirstenroldan/
Category: Entrepreneurship
Keywords: business growth, financial coaching, entrepreneurship, mindset, burnout, parenting, marketing strategies, community support, wealth, success
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/masterclass-ad
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
Episode Synopsis:
In this episode, Gina Knox interviews Cathy Yerges, a cafe and specialty food store owner from Cambridge, Wisconsin. Cathy shares her journey of starting her business just before the COVID-19 pandemic and the challenges she faced, including navigating debt and the need to pivot her business model. She discusses the importance of community support, the lessons learned from joining Small Business Money School, and how she has shifted her focus to new revenue streams, including opening a bookstore. Cathy emphasizes the value of vulnerability and community in overcoming business challenges and shares her excitement about future growth and stability.
Timestamps:
00:00 - Introduction to Cathy Yerges and Her Business Journey05:16 - Navigating COVID Debt and Financial Challenges22:23 - Embracing Change and Letting Go23:37 - Paying Off Debt and Financial Freedom26:30 - Inventory Management and Cash Flow Strategies32:11 - Navigating Emotional Challenges in Business33:51 - The Importance of Community and Support36:10 - Realities Behind Business Success39:31 - Taking Control of Your Business Journey
About Cathy Yerges:
Cathy Yerges is a leader with a servant's heart, believing collaboration beats competition every time. She embraces the philosophy that ""it takes a village"" to create meaningful change and transform neighbors into friends. With a background in banking and finance, Cathy is passionate about revitalizing Main Street and rural living through community building.
Cathy owns Cambridge Market, a cafe and specialty food store, and recently opened Mustard Seed Books, creating gathering places where people break bread, share conversation, and support local makers. Her work focuses on promoting collective well-being and strengthening community bonds through simple acts of coming together and celebrating local talent.
She also serves as Executive Director and co-founder of Collaborative 523, Inc., driving community development initiatives throughout Cambridge, Wisconsin.
Where to find Cathy:
Website: https://www.cambridgemarket.net Facebook: https://www.facebook.com/cambridgemarket Instagram: https://www.instagram.com/cambridge_market/
Category: Entrepreneurship
Keywords: small business, COVID-19, COVID debt, financial challenges, community support, entrepreneurship, business coaching, debt management, revenue streams, local business, business growth, merchant financing, square loan, small business loan, inventory management
Register for my FREE debt class for entrepreneurs: https://ginaknox.co/masterclass-ad
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
Episode Synopsis:
In this engaging conversation, Ashley Rose shares her entrepreneurial journey, highlighting her expertise in Airtable and automation. She discusses her financial growth, the importance of simplifying offers, and the challenges she faced, including managing debt and navigating a divorce. The discussion emphasizes the significance of having streamlined systems in place for business success and the value of focusing on one core offer to drive growth. Ashley also reflects on her evolving relationship with money and debt, advocating for a mindset shift towards viewing debt as a tool rather than a burden.
Timestamps:
00:00 - Introduction to Ashley Rose03:11 - The Power of Airtable05:58 - Financial Growth and Business Metrics08:58 - Navigating Challenges and Mistakes11:55 - The Importance of Offer Simplification14:50 - Debt Management and Financial Strategies17:52 - The Role of Systems in Business Success20:44 - Final Thoughts on Entrepreneurship
About Ashely Rose:
Ashley Rose is an automations and Airtable expert, who has helped hundreds of coaches move off of spreadsheets and into streamlined & automated systems. As a neurodivergent business owner, she knows the power of systems to scale your group program & business on part-time hours, without sacrificing client experience or burning out.
Her 12 month systems support container, Systems Over Stress, helps online coaches build client management Airtable systems that reduce overwhelm, save hours of admin time and team cost, and improve their client experience as they scale.
Where to find Ashley:
Website: https://systemsoverstress.co/ Instagram: https://www.instagram.com/systemsoverstress/ Youtube: https://www.youtube.com/@systemsoverstress
Category: Entrepreneurship
Keywords: Airtable, entrepreneurship, business growth, financial management, systems, automation, debt management, offers, coaching, automation expert, divorce, debt, stripe loans, stripe
Register for my FREE wealth class for entrepreneurs hosted every week: https://ginaknox.co/free-training
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
In this final episode of the Wealthy Business Owner series, Gina Knox discusses the essential mindset and strategies for building wealth as a business owner. She emphasizes the importance of understanding personal life goals over merely following traditional financial rules. By prioritizing what kind of life one wants to live, business owners can reverse engineer their financial strategies to align with their aspirations. Gina also addresses the challenges of decision-making, the pitfalls of the sunken cost fallacy, and encourages listeners to question conventional financial wisdom in pursuit of a fulfilling life.
Timestamps:
00:00 - Introduction to Wealth Building02:55 - The Mindset of Wealthy Business Owners05:50 - Breaking the Rules of Money Management09:11 - The Importance of Personal Values in Financial Decisions11:59 - Navigating Financial Choices and Strategies14:51 - Overcoming the Sunken Cost Fallacy18:12 - Conclusion and Call to Action
Takeaways:
Wealth building starts with understanding what kind of life you want to live.
Good money management involves running scenarios to find the best financial strategy.
A wealthy business owner prioritizes life goals over mathematical outcomes.
Money is a tool that should align with your life aspirations.
It's important to pivot and change strategies when necessary.
The sunken cost fallacy can trap individuals in unfulfilling situations.
Wealthy business owners are willing to break traditional financial rules.
Happiness is crucial for sustainable wealth building.
Investing while uncertain can provide flexibility for future decisions.
Start with small changes to align financial decisions with personal goals.
Category: Investing
Keywords: wealth building, financial strategy, business owner mindset, money management, life goals, financial independence, decision making, sunken cost fallacy, personal finance, wealth creation
Register for my FREE wealth class for entrepreneurs hosted every week: https://ginaknox.co/free-training
Join Small Business Money School: https://ginaknox.co/school
Join the waitlist for the 7 Figure Wealth Mastermind: https://ginaknox.co/mastermind
In this episode of the Wealthy Business Owner series, Gina Knox explores the principles of being good with money and the mindset of wealthy entrepreneurs. She challenges conventional investment rules, emphasizing the importance of flexibility and strategic decision-making in wealth building. By sharing her personal experiences and insights, Gina encourages listeners to push past traditional financial norms to achieve greater success in their business ventures.
Timestamps:
00:00 - Introduction to Wealthy Business Ownership02:23 - Challenging Conventional Investment Rules06:45 - The Mindset of Wealthy Entrepreneurs10:28 - Breaking the Rules for Greater Wealth
Takeaways:
Wealthy business owners understand the importance of flexibility in investments.
Investment rules often limit potential growth opportunities.
Maxing out tax-advantaged accounts is not always the best strategy.
Wealthy entrepreneurs prioritize high ROI over avoiding penalties.
More profit is better than less taxes.
Challenging financial norms can lead to greater wealth.
Investing should align with personal goals and timelines.
It's okay to break traditional rules for strategic advantages.
Understanding tax implications can empower better financial decisions.
Wealth building requires a mindset shift from conventional thinking.
Category: Investing
Keywords: wealthy business owner, investing, financial rules, entrepreneurship, money management, tax strategies, investment strategies, financial mindset, wealth building, business growth














