Financial Literacy – The Power Move for Entrpreneurs
Manage episode 511400217 series 3359182
In our season finale, we’re wrapping things up with a conversation that every business owner needs to hear — all about financial literacy. This episode ties together the insights, lessons, and empowering stories we’ve shared throughout the season, bringing it all home with a focus on what it really takes to prepare your business (and your mindset!) for success — especially as we head into the busy holiday season.
We’re talking budgets, cash flow, and the importance of truly knowing your numbers. Because let’s be real — knowledge isn’t just power, it’s profit. It is YOUR money on the line.
Episode Highlights
- Why financial clarity is the foundation of business success.
- The importance of budgeting and cash flow planning before the big and small events.
- The harsh truth: women-owned businesses receive only 3% of venture capital funding — and what we can do about it.
- How financial literacy empowers women entrepreneurs to make informed, confident decisions.
- The value of mentorship and community support in building resilient businesses.
Quotes We Love
“Knowledge isn’t just power — it’s the prerequisite for security and success.”
“Understanding your financial landscape gives you the freedom to grow strategically.”
Key Takeaways
- Know your numbers. Don’t run your business in the dark — financial awareness is non-negotiable.
- Financial literacy = empowerment. It’s not optional; it’s essential for every entrepreneur.
- Talk about money. Transparency strengthens relationships, it doesn’t weaken them.
- Find your tribe. Mentorship and community make the financial journey far less intimidating (and a lot more fun!).
Companies & Guests Mentioned
Lori Kibbe • Abby F. Large • Julie Laughlin Harris • Scarlet Stantrop • Crystal Wallace • Dr. Ruth Mannschreck
Links & Resources
bossyroc.com/podcast
Final Thought
- This episode is your invitation to get real about your finances. When you understand your money, you can manage it with purpose — and that’s the ultimate power move.
Mentioned in this episode:
Lunchador Podcast Network
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