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Where established business owners reveal what it’s really like to be CEO and simultaneously pursue abundance. Abundance looks different for everyone and no two businesses are built the same. During this open conversation, discover how circumstance, actions, and events created emotional reactions of either abundance or scarcity throughout their business-building journey. Much of whether we grow or get stuck playing small depends on the mindset we choose and the actions we take during the highs and lows throughout our entrepreneurial journey. Find out how workload, relationships, and money played a role in business owners’ decisions, emotions, and mental health during various stages in their business, when they made key decisions about hiring, marketing, and outsourcing, and how hosting their own podcast played a role in their personal development AND the growth of their business. Virginia Elder, host and owner of Podcast Abundance, shares pieces of her own journey from corporate life to freelancer to business owner, plus interviews other entrepreneurs with thriving businesses who use their podcast to establish authority in their niche, provide educational content for potential clients, and drive leads into their business. During the first half of each interview episode, you’ll get an inside look at the guest’s business and hear about challenges, plus the habits and actions that help navigate them. Our goal is to uncover the mindset and mental health shifts that worked for them to help you thrive during your journey. Then, in the second half of the interview, we switch the conversation to marketing strategies and learn how launching a podcast helped them grow their business and mature as a founder, speaker, and collaborator for their brand. Every business needs a reliable marketing arm that consistently and automatically attracts potential clients, and these guests have a successful, active podcast doing exactly that! Learn how they started, what changed, and how they’ve grown since becoming a podcast host. We’ll reveal podcasting strategies that work and prep you for the emotional rollercoaster that occurs any time you step up to play big in life. Abundance is within reach for all of us, but the pursuit of abundance is never over. It takes intention, a clear vision for what abundance means to you, and a consistent level of consciousness around your actions and emotions throughout your journey. Cheers to Reaching Abundance together!
Episodes
Monday Oct 19, 2020
From Debt and Panic to Surviving, Now Thriving | Archived Episode
Monday Oct 19, 2020
Monday Oct 19, 2020
We have all, at one point, found ourselves in circumstances we didn't necessarily intend. As much as we don't want to talk about our finances, money and our financial behavior is an important topic that needs to be discussed. While societal or familial beliefs might make discussing money uncomfortable for you at first, it's time to ditch the taboo surrounding conversations about money.
As a financial coach, I get to hear your stories, but today, I’m sharing my own personal financial journey. It’s time I reveal where my enthusiasm for personal financial journeys came from and reassure you you’re not alone in your struggles.
In the depths of my financial upset, I couldn’t find a fellow mom who provided guidance about the financial challenges of having young children and a boatload of debt. That’s why I do what I do today. Hopefully, by revealing my own challenges, I can highlight this path we share.
My rock bottom looked like a mountain of $80K in debt. I was struggling to make the minimum monthly payments and making cash on Craigslist selling things so I could buy groceries.
For a time, I let my parents' relationship dictate many choices I made in my own life, which didn’t benefit me financially. However, at rock bottom, there’s nowhere to go except up.
It was time to take charge and make changes for the better, both for myself and as an example for my children. I had the power to change everything.
In this episode, listen for:
- The array of feelings, from happily helping my mom through her divorce to drowning in debt because I lacked boundaries with my generosity
- If you don’t focus on the result you want, you’ll end up with a result you dislike
- My naivety and ignorance of how quickly credit cards add up
In this episode, you’ll also hear:
[10:26] Knowing a line had to be drawn at some point. Seeing only $20 in the bank and the conviction I felt to get back on my feet for my family’s sake.
[14:56] Falling into the trap of purchasing a new car and not knowing where the monthly payments would come from.
[20:55] Failing to account for the additional financial expense of raising a second child and the financial missteps made during the first three years.
If this episode hit home for you, share it with a friend. Simply copy & paste this link: https://link.chtbl.com/abundance
Learn more about how you CAN create the abundant life you've always wanted at www.reachingabundance.com
Follow me at www.instagram.com/reachingabundance
Read the related blog post: https://reachingabundance.com/everything-you-need-to-know-about-how-debt-affected-my-life/
Free Debt Strategy and Budgeting Workbook - https://reachingabundance.podia.com/budgeting-for-debt-freedom-freebie
This episode is brought to you by YNAB, my favorite budgeting tool for you and your family.
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