What You Need to Know as a Business Owner to Get Rich

“It's not enough to have a good business idea. You need to have the financial structure in place.”—Melissa HoustonWhen you hear the word “rich”, what emotion or feeling do you attach to it? Is it a positive notion? Are you proud, excited, and inspired to act? Or are you left feeling bothered, guilty, or even repulsed by it? At the heart of being rich as a business owner is correcting that negative money mindset that being rich is bad. Getting rich is, first and foremost, more about financial confidence than it is about obscene luxury or vulgarity. In fact, it's a good thing to get rich because you can help others with money.And while “rich” can mean different things to different people, this episode talks about three things you can do to build your wealth as a business owner.Listen to learn:‌Why getting rich is all about financial confidenceWhy achieving financial freedom is a lot quicker through owning a business than traditional employmentHow owning a business offers you a lot of flexibility How to have a plan in place for financial successHow getting rich as a business owner requires self-disciplineWhy being a successful business owner requires resiliencyHighlights:‌00:50  Intro02:10  “Get rich” evokes a visceral reaction among most people 02:53  Correcting the negative connotation with having money and being rich04:10  Cash Confident pre-order bonus bundle07:37  Reinvest profit to your business to flourish and thrive08:54  Being a business owner affords you flexibility09:44  Cash is the lifeline of a business10:06  Having a financial plan for success12:18  Self-discipline is the key13:39  Manage the money coming in and out and live within the means                of your business14:57  Being a successful business owner requires resiliency16:00  Building a successful business is not for the faintheartedAs a business owner, you have a tremendous opportunity to change your life by building wealth properly using available tools and resources.Links:Cash Confident: An Entrepreneur's Guide to Creating a Profitable BusinessMain websiteCalendar link Mini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:IG: @melissahoustoncpa   LinkedIn: @melissahoustoncpa