Secure Your Leap: Financial Strategies for Aspiring Women Entrepreneurs (Tania P. Brown on Money is Emotional)
Video Link (scroll down for outline): https://www.youtube.com/watch?v=h94gIGNNmUw
Are you a corporate woman with a powerful dream of launching your own business, but the "how" feels overwhelming, especially when it comes to your finances? You're not alone. I recently joined Christine Luken on the Money is Emotional podcast to dive deep into exactly these challenges and, more importantly, the solutions.
I shared my own story—yes, even the reluctant parts of becoming an entrepreneur!—and the critical lessons learned along the way. My goal is to help you move from feeling uncertain to feeling empowered and financially prepared to make your entrepreneurial dreams a reality.
This episode is for you if you're looking to:
Confidently map out your financial runway: Understand exactly what you need to have in place before you hand in your notice.
Navigate the income shift: Bust the myths around moving from a predictable salary to a variable income stream and learn how to manage it effectively.
Build a sustainable business without burnout: Discover how to set healthy boundaries from day one and avoid recreating the corporate stress you're leaving behind.
Cultivate an unstoppable entrepreneurial mindset: Uncover the internal shifts that are just as crucial as the external strategies for long-term success.
This conversation is filled with practical, actionable advice designed to help you build that solid economic foundation and confidently step into your new role as a business owner.
Podcast Outline
04:10 My Own Leap: From Financial Advisor to Reluctant (but now Thriving!) Entrepreneur
07:58 The Truth About Transitioning to Self-Employment: Common Misconceptions vs. Reality
11:10 Managing Your Wealth and Income Like a CEO from Day One
15:04 Don't Get Caught Out: Smart Planning for Deductibles and Business Expenses
19:27 Healthcare First: A Critical Financial Step Before You Quit Your Corporate Role
21:15 Side Hustle to Full-Time CEO: Is It the Right Path for You?
26:28 Startup Budgeting That Works: Making Every Dollar Count
29:21 Juggling It All: Keeping Your Eye on Sales and Your Books in Order
31:52 Value Your Worth: A Nudge to Raise Your Prices (You Deserve It!)
35:43 Unlocking Your Profit: Key Insights into Effective Pricing Strategies
37:00 Beyond the Paycheck: Understanding the Full Scope of Business Ownership Costs
41:25 Passion Project or Profitable Business? How to Make the Right Call