Mindset Matters - Spending Money

In this Mindset Matters episode of Master your Successwith Kat Begg, the host talks about the common mindset of not wanting to spend money on business expenses and how to shift that mindset to view expenses as investments.

Kat suggests that instead of thinking "I can't afford it," business owners should prioritise their expenses based on importance and potential return on investment. They should also consider alternatives and focus on the benefits of investing in their business, such as attracting more customers and increasing revenue over time.

Kat shares a personal experience of investing in a course to reach her target audience, which she initially hesitated to spend money on but later realized its potential to bring in more revenue.

By making informed decisions about expenses and balancing investing with financial responsibility, business owners can set themselves up for long-term success.