164: Top 3 Cash Flow Pain Points to Get Past & Get What You Want Out of Your Business with Nicole Cooley
Do you worry about cash flow in your business?
Money is a topic that comes up over and over again in my coaching practice (despite, ironically, its apparent lack of popularity on the podcast). Regardless of any reticence to talk about money or listen to information on the subject, knowing your numbers is an integral part of business, and it goes beyond just profit and loss.
That’s why I integrate money mindset and money systems into my coaching programs. Today, I’m speaking with Nicole Cooley, one of the money confidence coaches on my team, who guides you with a holistic approach that combines your numbers with your values, beliefs, and dreams.
In this episode of Time to Level Up, you’ll learn about the top three pain points for business owners when it comes to their numbers. You’ll also discover the integral impact of your priorities and knowledge on your business’s finances and why you shouldn’t fear your numbers (even if they’re worse than you thought).
What’s Covered in This Episode About Cash Flow
5:30 - Nicole introduces herself and reveals why she became a budgeting coach
7:17 - Why the “I’m not good with numbers” mindset isn’t true in almost all cases
8:29 - The pain point that can crop up once you start realizing what’s going on with your numbers
12:30 - Why bookkeeping is outsourceable but business cash flow management isn’t
14:05 - The missing piece you need in order to learn, understand, and make decisions with your business finances
15:26 - The importance of understanding your priorities and the growth opportunity or return on investment of your business expenses
20:24 - The distinction between bookkeeping and cash flow management to keep in mind
Connect with Nicole Cooley
Nicole Cooley is an Accredited Financial Counselor (AFC) and Certified YNAB Coach who has been coaching for over 10 years. She holds a Bachelor’s degree in Finance and has worked across multiple industries helping therapists, coaches, lawyers, and spa owners. Combining her corporate background with money mindset not taught in school, she helps service-based business owners analyze and understand their cash flow with a holistic approach that takes their values, beliefs, and dreams into account.
Connect with Nicole on LinkedIn
Mentioned In Top 3 Cash Flow Pain Points to Get Past & Get What You Want Out of Your Business with Nicole Cooley
Quotes from the Episode
“It’s interesting that we don’t want to listen to information about [or] really even talk about money. But we want to worry about money.” - Andrea Liebross
“As a business owner, you have to be a numbers person, but it doesn’t have to be scary.” - Nicole Cooley
“Sometimes people need accountability because they just want to throw in the towel when they’re so close to seeing the results.” - Nicole Cooley
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