Money tips for Women Business Owners

When I became an entrepreneur over 6 years ago, as an accountant I knew exactly how much money I needed to generate per month, per year in order for this venture to work out. I also set out a gross revenue goal to work towards the first 3 years and looking back that was just pitiful! I was thinking to small.

Turns out that while working with other women business owners, I have run into the same mistake I made when I started because aiming to be rich and saying it out loud is often deemed as a negative trait for women while definitely not for men.

Times have changed, women are now experiencing an awaking that was long overdue and there are some fierce female business leaders demonstrating the power that comes from wealth.

1. Once you know your worth –you can tell others with pride

If you are offering services such as social media, marketing, bookkeeping, etc, chances are you’ve had clients offer to pay you less than you charge. Mainly because people believe that the small business owner needs their business at any price. As Writer-producer Shonda Rhimes says “Decide what you think you’re worth and then ask for what you think you’re worth. Nobody’s just going to give it to you.”

2. Passion over Pay –you can have both!

We tend to go where are heart tells us and often times the passion does not equate to wealth, except it can. All you have to do is figure out how to monetize your passion so that you can be financially secure while following your passion.

3. It is OK to ask for help

You are not alone even if it feels that way while running your business and facing all the daily challenges that comes from owning a business. If you need clarity on how to make it work in terms of growing your wealth and following your passion, ask your mentor(s), your mastermind group, your colleagues or your accountant on a course of action to reach your goals.

Just remember that it is a great thing to achieve financial wealth, when you do, you are equip to follow your passion and give back to the community that helps you along the way.

Carolina Aponte

Author: CAJA CEO

All about me on the home page...

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