3 Questions to Break Your Money Ceiling and Build an Online Business That Creates Financial Freedom
What if building an online business isn't really about making as much money as possible—but about creating the right amount of income to build the life you actually want?
If you've been thinking, “I need to make money,” “I want to work from home,” “How do I make money online?” “I want to make $100K,” or “I need another stream of income,” this episode will help you step back and get clear on what you're really trying to create.
Before you start another side hustle, buy another online business course, try to figure out social media, or spend hours searching for how to get clients, there are three questions you need to answer.
Because you don't need to build a million-dollar business if what you really need is an additional $5,000 a month.
You don't need to become an influencer if your goal is simply to create independent income, financial freedom, and more flexibility.
And you don't need to figure everything out on your own.
In this episode, we'll explore:
How much money do you actually need?
Most people know they want to make more money, but they haven't actually figured out how much money they need.
We'll talk about some of the basic financial principles that can help you get clear: understanding your expenses, creating a budget, reducing unnecessary spending, building a surplus, saving for emergencies, investing for retirement, and deciding how much income you actually need to support the life you want.
Because if every dollar you earn goes back out the door, simply making more money won't necessarily create financial freedom.
You'll learn why knowing your personal financial number can also completely change the way you approach an online business or side hustle.
Maybe you don't need a six-figure business.
Maybe you need an extra $2,000, $5,000, or $10,000 a month.
And once you know your number, you can figure out exactly what kind of business, offer, clients, and sales strategy could help you get there.
Why are you creating a business?
This is the question almost nobody asks.
We immediately start asking:
What online business should I start?
How do I get clients?
How do I make money online?
Do I need social media?
What should I sell?
How do I create multiple streams of income?
But before any of that, you need to ask:
What is this business actually for?
Do you want to work from home?
Do you want more flexibility?
Do you want to stay home with your kids—or your dog?
Are you trying to save money to buy a home?
Are you trying to catch up on retirement?
Do you want to escape a job that's burning you out?
Are you reinventing yourself in midlife?
Do you need an income of your own?
Do you want to create financial independence?
Do you want to build something meaningful and have an impact?
Your answers determine what kind of business you actually need.
Your online business should be a vehicle for the life you want, not another source of overwhelm.
Does your current day-to-day life reflect what you want to achieve?
This one can be uncomfortable.
If someone looked at how you're spending your time, energy, money, and attention, would they be able to see the life you say you want?
We can say we want financial freedom while spending every dollar we earn.
We can say we want to build an online business while spending hours consuming information instead of taking action.
We can say we want to make $100K while avoiding sales because sales scares us.
We can say we want to work from home while never creating the time or energy to build the business.
And we can say we want more freedom while building a business that requires us to be online all day.
This episode is about getting honest about that gap—and using that clarity to make different decisions.
From $80K in Debt to $800K+ in Net Worth
I'll also share how I went from approximately $80,000 in debt to more than $800,000 in net worth in about 10 years, and how getting these questions right changed the way I thought about money, income, business, saving, and investing.
Creating independent income through business was an important part of that journey.
Because while financial education can help you manage the money you have, there is also tremendous power in learning how to increase your earning capacity.
That might mean starting an online business, building a coaching business, creating a side hustle, adding another income stream, or developing a business that eventually replaces your employment income.
You don't have to know everything right away.
You don't have to have the perfect business idea.
And you don't have to become a social media expert.
You can start by getting clear about how much money you need, why you want to create a business, and what kind of life you're actually trying to build.
If you've been saying:
“I don't know what I don't know.”
“Just tell me exactly what to do.”
“How do I get clients without social media?”
“I'm overwhelmed, overthinking and I'm stuck.”
“I need to make money.”
“I don't have enough time or energy to figure it all out on my own.”
This episode is for you.
Because creating financial freedom, multiple streams of income, an online business, and a more abundant life doesn't have to start with doing more.
It can start with getting clear.
Clarity breeds results.
And the goal isn't simply to build a prosperous business.
The goal is to build a prosperous life.