How to Strategically Reinvest in Your Business with Jamie Trull

Welcome back to another episode of the Not So Wimpy Entrepreneur Podcast!

 

Are you ready to talk about all things finances? 

 

I have Jamie Trull on the podcast today, and we are talking all about getting your business finances ready for 2021.

 

I know that might sound boring, but if you're not a numbers person, Jamie is definitely the person you want to talk to about this stuff. She makes it so easy. 

 

Jamie is passionate about supporting female entrepreneurs to achieve their dreams, financial goals and grow their businesses and their impact.

 

I have learned the hard way how important it is to have a plan for your money, and Jamie is going to talk to you about her profit plan and the different percentages of her profit that she puts into different buckets. 

 

So if you've ever wondered how much you should invest in your business, how much you should set aside for taxes, or whether you should be hiring, Jamie is going to answer your questions. 

 

I'm also picking Jamie's brain about Facebook groups and how she grew such a super successful business in such a short period of time.

 

Episode 47 Takeaways: 

+ Money is not inherently good or evil.

+ There’s no shame in making money. 

+ Don’t be afraid to invest in your business.

+ You can change the story that you teach your children about money. 

+ A Facebook group can be an amazing resource for your business.

+ The percentage that you reinvest in your business will depend on your goals. 

+ Invest in trying new things. 

+ Act on the things you’ve already bought before buying something new. 

+ Look at what's paid off in the past and let that inform your decisions in the future.

+ Hire to scale. 

+ Get a bookkeeper. 

 

If thinking about finances has been stressing you out, I hope this episode simplified things for you and gave you some goals to focus on. You deserve the money you make, and don’t let anyone make you feel otherwise! 

 

I would love to connect with you! You can find me on Instagram at @not_so_wimpy_entrepreneur.

 

Resources Mentioned: 

Financial Literacy for Women Business Owners Facebook Group 

Subscribe to Jamie on YouTube 

Follow @jamie.trull on Instagram 

www.jamietrull.com