She Means Profit
Business & Economics Podcasts
The She Means Profit Podcast is devoted to helping entrepreneurs master their finances and launch, grow, and scale their businesses. Simple, digestible, actionable advice from Melissa Houston, an accredited CPA with over 20 years of experience. Real business owners, real talk, real solutions.
Location:
Canada
Description:
The She Means Profit Podcast is devoted to helping entrepreneurs master their finances and launch, grow, and scale their businesses. Simple, digestible, actionable advice from Melissa Houston, an accredited CPA with over 20 years of experience. Real business owners, real talk, real solutions.
Language:
English
Episodes
Cultivating a Thought Leader Reputation
12/11/2023
“A thought leader is defined as an individual or firm recognized as an authority in their specialized field whose expertise are sought after and often rewarded. ”
— Melissa Houston
In an ever-growing industry, what sets you apart from the crowd of thousands proclaiming they’re the best and the greatest at what they do?
The answer to this question gets harder every day. There will always be startups popping out of nowhere, small businesses that go viral, and established conglomerates that control half the industry. You might think the safest bet is to just do well and see how it goes.
But here’s something tried and true for you. This is a solution that’s been honed over time and proven effective: let yourself be the face of your business. Give the public someone to listen to, someone to root for, someone to lean on. Don’t just be the boss of your business; let yourself become a thought leader.
In this episode, we will be discussing everything there is to know about thought leadership. From what it takes to get started to establishing yourself as one, whether through traditional media appearances or creating content for Tiktok, we will explore the steps you can undertake to become a respected thought leader in your industry.
Listen to learn:
Highlights:
Duration:00:15:14
Contract Negotiations with Dina Segal
11/27/2023
"As you're starting your business, you're going to come across so many interesting and sometimes real challenges, really exciting problems to solve, areas of compliance and requirements that probably seem daunting, and I would say really seek out resources, seek out mentors.”
— Dina Segal
Contracts will always be an essential part of a business. Whether it’s a business deal with your supplier or establishing a new agreement with your client, this piece of paper plays a vital role in protecting not only your business’s best interests but also the rights of the other party.
Writing down agreements and signing them may seem simple, but contracts are significantly more complex. They leave no stone unturned, explore every point thoroughly, and allow for no exceptions—except when both parties agreed to do so.
This episode will explore the ins and outs of the beginning of every business journey: the contracts. Beyond the lengthy paragraphs and complicated words, we will learn the factors to consider in contract negotiations, stress the importance of thoroughly reading the written word before signing, and discuss ways to ensure that your contract attracts only the best and the most suitable partners for your business.
Listen to learn:
Highlights:
4:28 Services Third-Party companies can do for you
7:56 Contracting people from all around the world
10:21 Organizations that help in mentoring start-up businesses
12:28 Importance of contracting
14:50 Payment terms in contracts
16:49 A Business’ Liability Issues
19:01 Proper Process of Contract Termination
22:06 Importance of reading Terms and Conditions
22:58 Creating a form for your business
23:49 Attorney's fees in Contract Provisions
24:03 Seeking Guidance and Mentors
Links:
Dina Segal
Gusto Website
Cash Confident: An Entrepreneur's Guide to Creating a Profitable Business
Main website
Cash Clarity Course
Apply to Work With Me
Mini-course: The Debt Repayment Calculator
Mini-course: Pay Yourself
Mini-course: Personal Net Worth Calculator
Mini-course: The Ultimate Budget Binder
Follow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:26:15
Mastering Your Path to Success: Tips for Managing Debt in Business
11/13/2023
“With the right mindset and dedication, successful debt management is within your reach.”
—Melissa Houston
Many aspire to start their own business, but a common obstacle preventing them from doing so is financial constraints. People who do not have enough funding often resort to taking out loans to build their first business.
But what’s the deal with businesses that end up sinking rather than soaring?
The culprit is often debt. Some businesses fall into the trap of having massive loans without a solid plan. Business owners tend to choose the short-term solution of gearing up, taking debts, instead of focusing on the long-term ones. Let’s be real, when those loans start piling up, it’s not just your business that is affected, but your personal life too.
Whether you’re in it for business or dealing with personal finances, taking on debt is a big responsibility. You have to ensure that you can deal with it and properly resolve it in order to avoid the chances of it overtaking your business or life.
Listen to learn:
Highlights:
03:39 Having personal debt to run the business
04:39 What too much debt can do to your business
06:22 Impact of debt on our mental health
08:17 Knowing your business numbers
11:18 Tip 1: Analyze Debt and Financial Situation
11:59 Debt Repayment Calculator Mini Course
12:28 Tip 2: Prioritize Your Debts
13:02 Tip 3: Negotiate with Creditors
13:49 Tip 4: Consider Debt Consolidation
15:20 Tip 5: Seek Professional Advice
Links:
Cash Confident: An Entrepreneur's Guide to Creating a Profitable BusinessUnlock Your Profit Potential With This Smart Pricing StrategyCash Clarity CourseApply to Work With MeMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:17:23
Boosting Business Profit through Mastering Sales Conversion Tracking
10/30/2023
“The bottom line is that tracking your sales conversion is an essential step towards driving your business profit and ensuring that your business profit continues to grow and thrive, and not just your profit, but your sales and your whole business.”
—Melissa Houston
What sets a business up for success? It should have the capacity for profitability and scale.
Making a profit in your business can be tough, especially in a challenging economy. In this episode, we emphasize that tracking sales conversions is not just about boosting profit but about fostering a holistic and thriving business.
Smart business owners take into consideration their marketing and sales performance indicators. Why? Because when you are critical about your marketing and sales, you learn what’s working and what needs to improve to achieve sustainability.
Success in business does not happen in an instant. It truly takes time and effort, no doubt about it. But here’s the secret: investing your time and effort to wholeheartedly grasp your business’s financial data and sales will provide you with the necessary foundation for your business to thrive.
Listen to learn:
Highlights:
01:12: The root cause of money problems in business
02:47: Three profit drivers in business
02:53: Path Profitability Masterclass and Unlock Your Pricing Strategies Podcast
04:21: Marketing and Sales KPIs
05:40: Proper outsourcing and hiring of people for your business
06:19: Importance of tracking sales conversions to increase profit in business
07:02: Understanding your return on investment
10:12: Knowing what your customer needs
11:30: Identifying the potential for improvement
13:36: The key step in improving your business profit
Links:
Cash Confident: An Entrepreneur's Guide to Creating a Profitable BusinessUnlock Your Profit Potential With This Smart Pricing StrategyCash Clarity CourseApply to Work With MeMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:15:45
Cultivating an Entrepreneurial Mindset for Success with Dianne Welsh
10/23/2023
“There’s never gonna be a perfect time to start a business. There’s never gonna be a perfect time to start calling yourself an entrepreneur until you actually start doing it.”
— Dianne Welsh
Here’s the deal: success isn’t some kind of magic trick. It starts when you decide to go on an adventure and grab opportunities offered to you. When it comes to building a business, you turn these opportunities into action-packed episodes that coincide with the difference you want to leave.
As entrepreneurs, your top-notch priority should be making sure you’ve got all your bases covered. You want to ensure that you examine every bits and pieces that are essential in making these opportunities successful. Once you grasp these insights, you plan out your strategy and get into action mode.
Business is not a simple game where you just join and see how it goes. You go through your business, prepare a succession plan, and actually critique how the opportunity will work its way to success.
Listen to this episode to learn:
Highlights:
01:29: The Entrepreneurial Mindset
03:32: Qualities possessed by successful Entrepreneurs
06:02: Business Finance as key to Creating Successful Business
07:18: The Entrepreneurial Family Business book
11:11: Problems faced by Family-Based Businesses
13:32: Dealing with challenges of Generational Wealth
15:58: Awareness on Global Entrepreneurship Opportunities
Links:
Dianne Welsh
https://diannewelsh.wp.uncg.edu/
LinkedIn: https://www.linkedin.com/in/dianne-welsh-9755989/
The Entrepreneurial Family Business: From Survival to Success: https://he.kendallhunt.com/product/entrepreneurial-family-business-survival-success
Cash Confident: An Entrepreneur's Guide to Creating a Profitable Business
Main website
Cash Clarity Course
Apply to Work With Me
Mini-course: The Debt Repayment Calculator
Mini-course: Pay Yourself
Mini-course: Personal Net Worth Calculator
Mini-course: The Ultimate Budget Binder
Follow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:18:25
Maximizing Cash Efficiency in Business
10/16/2023
“Cash is queen and with the right strategies, you can manage it wisely and achieve long-term prosperity.”
—Melissa Houston
When running a business, cash flow is absolutely critical. As business owners, we are responsible for making sure that the cash moving in and out of business is managed properly.
Why is it crucial to avoid running out of cash? Cash is the lifeblood of your financial obligations. And let me tell you, it’s not just about keeping cash at hand; it’s about fueling your business’s success. When you’ve got a healthy cash flow while your business profits, that’s when you can really invest in driving your business toward success.
And as most businesses gear up with their business financial planning for 2024, take into consideration strategies that can help you manage to stay and have a positive cash flow that can earn your chance to invest more in your business.
Listen to learn:
Highlights:
03:07: Gearing Up the Business Financial Planning for 2024
05:32: Business Cash Management
06:33: Profitability and Positive Cash Flow
07:17: Key Cash Management Strategies: Managing Cash Flow
08:23: Key Cash Management Strategies: Set Up a Cash Reserve
10:06: Key Cash Management Strategies: Tracking your Accounts Receivable
11:10: Key Cash Management Strategies: Automate BIll Paying
12:10: Key Cash Management Strategies: Improve Cash Flow in Business
13:35: Evaluate inventory management practices
14:42: Done in a Day Service Program
Links:
Cash Confident: An Entrepreneur's Guide to Creating a Profitable BusinessUnlock Your Profit Potential With This Smart Pricing StrategyCash Clarity CourseApply to Work With MeMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:16:08
Turning Business Flaws into Learning Opportunities: Strategies for Growth
10/9/2023
“Every business owner has made mistakes along the way, but the secret to success is learning from each mistake.”
—Melissa Houston
What makes a business successful? It’s how you turn mistakes into opportunities to improve and grow your way to success.
Mistakes are not to be seen as weaknesses if you are a business owner. These must be seen as valuable lessons that can help you on your way to success. No successful business earned their way up without failing along the way and learning from the mistakes they made.
But just because mistakes are part of a successful business does not mean that it is right to commit them repeatedly. This episode talks about five tips on how business owners can learn from common mistakes in growing a business.
Listen to learn:
Highlights:
03:51: Common mistakes by Small Business Owners
06:21: First tip - How to build a business financial plan
09:24: Second tip - How to avoid failing to track expenses in business
11:11: Third tip - How to price products or services profitably
11:27: Unlock Your Profit Potential with These Smart Pricing Strategies podcast
12:58: Fourth tip - How emotions get in the way of smart making decisions
14:47: Fifth tip - How data improves one’s business
15:45: The Cash Confident Framework course
Links:
Cash Confident: An Entrepreneur's Guide to Creating a Profitable BusinessUnlock Your Profit Potential With This Smart Pricing StrategyCash Clarity CourseApply to Work With MeMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:19:26
Profiting Together: Making 2023 a Landmark Year for Business
10/2/2023
“As you prepare for your sales, be sure to prepare as well for your profit. Do not let the busyness of the season be an excuse for you not to create profit in your business.”
—Melissa Houston
It’s almost the end of 2023, and you know what that means - the busiest season is just right around the corner! So, what’s in the card for businesses this time? Well, it’s about finishing this year with a bang and gearing up for a more profitable new one.
As we celebrate our third-year anniversary, our commitment remains steadfast. We are all about giving the goods - valuable insights and rock-solid guidance for our fellow business owners. Our mission? Ensure that your business welcomes more customers and ends the year on a high note. We’re also here to pump up our business owners with enthusiasm as we dive into 2024 with an opportunistic mindset!
Listen to learn:
Highlights:
01:47: Gearing up for the busiest season of the year
02:23: SMP’s third-year anniversary giveaway
04:23: What to look and expect in your business for the Q4 of 2023
04:57: Focusing on the strong financial foundation of your business
06:14: Tip to make Q4 your most profitable year: Plan Ahead
07:19: Tip to make Q4 your most profitable year: Target Holiday Shoppers
08:31: Tip to make Q4 your most profitable year: Prioritize Customer Service
09:29: Tip to make Q4 your most profitable year: Monitor Progress and Measure Success
11:04: Tip to make Q4 your most profitable year: Stay Focused
12:26: Preparing the 2024 business plan ready
Links:
Cash Confident: An Entrepreneur's Guide to Creating a Profitable BusinessMain websiteCash Clarity CourseApply to Work With MeMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:14:13
Is it a Sales Problem or a Money Management Issue?
9/25/2023
“Finances and marketing numbers are a game as well. So understanding how those numbers overlap can be a game changer.”
—Melissa Houston
2023 has not been a great year for business owners. It’s been a rough year, really, with a lot of things happening around us and the economy affecting many different sectors. Experts are debating whether we’re experiencing a recession or not, and the thing is, we’ll only know we are in recession around six to eight months into it. Even though we’re not “officially” in a recession, some businesses’ revenue and sales fall, others go bankrupt.
And so a lot of my clients go to me and ask, “Where is the money going?”
But we shouldn’t wallow in pity for the difficulty brought to us by this challenging year. Instead, we should analyze the root cause of our problem. Is it an issue brought by money management or a sales problem?
In this episode, we will talk about how sales and money management are critical parts of growing your business.
Listen to learn:
Highlights:
01:16 What your numbers look like at the end of Q3
01:46 2023 has been a tough year
03:02 Why marketing is crucial for sales
05:21 Is it sales or money management problems?
07:09 How to identify the root cause of your problems?
07:46 Tip 1: Analyze your finances
09:39 Tip 2: Assess your sales strategy
10:50 Tip 3: Identify the external factors
12:45 Tip 4: Find a balance
13:17 Tip 5: Seek professional help when you’re struggling
Links:
Cash Confident: An Entrepreneur's Guide to Creating a Profitable BusinessCash Confident Framework™️ CourseMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:16:26
Crossing the Bridge where Sales and Marketing Intersect with Jamie Gulino Davis
9/18/2023
“No matter what stage of business you are at, it's really knowing that sales absolutely is, can, and should be beautiful.”
—Jamie Gulino Davis
There’s always a negative connotation about sales. People have this idea that we should never listen to salespeople because they only have one agenda: they make you lose control, urging you into buying their product or service and lose control of your money. So, it has always been a daunting and overwhelming experience for business owners to close sales.
And I confess—I used to struggle with sales too. Because like a typical person, I grew up with a mindset that salespeople are ‘evil’. It took a mindset shift to finally understand that you’re not playing the bad guy if you want to have sales. Because remember: sales drive revenue. Your business’ success is driven by your sales. It’s a part we can never run away from.
So just like how our guest, sales leader, and strategist Jamie Gulino Davis puts it, we need to embrace the beauty of sales, identify it against marketing, and cross the bridge where these two intersect.
In this episode, Jamie talks us through the beauty of sales that would help us shift our money mindset. It’s not about making people lose control of their money; it’s actually offering them solutions to their problems.
Listen to this episode to learn:
Highlights:
03:41 The difference between marketing and sales
04:57 Jamie's sales framework: The LEAD framework
07:55 Is the nurture sequence still part of marketing?
10:24 The problem with sales
15:32 Jamie's 'aha' moment that changed her mindset and life
16:52 How to handle clients that are analytical decision-makers
20:13 Why knowing your clients' characteristics is important
Links:
Jamie Gulino Davis
https://jamiegulinodavis.simplero.com/page/290836
LinkedIn: https://www.linkedin.com/in/jamiegulinodavis/
Cash Confident
Main website
Mini-course: The Debt Repayment Calculator
Mini-course: Pay Yourself
Mini-course: Personal Net Worth Calculator
Mini-course: The Ultimate Budget Binder
Follow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:28:19
Which Type of Financing is the Best Fit for You?
9/11/2023
“Raising capital can be a critical component of your success. So, with the right financial strategy, you can take your business to the next level.”
—Melissa Houston
This is why starting or expanding a business can be daunting and overwhelming. It’s hard to answer the question ‘Where do we get our funding?’
Anyone could easily get confused—scared even—when raising capital for their businesses. And the thing is, it’s such a crucial component as no business would be able to start operating without enough capital.
Fret not!
In this episode, I’ll walk you through the different options that are available to you to help you make informed decisions when raising money for your business. You don’t have to worry about securing your capital. You just have to scrutinize which one fits your business.
Listen to learn:
Highlights:
02:03 Some life updates
05:11 Why bootstrapping is my favorite
07:04 Crowdfunding and its pros and cons
09:27 What is angel investing?
10:57 Bank loans as a traditional method of funding
12:07 Don’t make this big mistake!
12:25 Why venture capital is a hot topic
Links:
Cash Confident: An Entrepreneur's Guide to Creating a Profitable BusinessCash Confident Framework™️ CourseMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:17:48
Why the Balance in Your Bank Account is Not Your Profit
9/4/2023
“A common mistake that entrepreneurs make is checking their bank balance at the end of the month and assuming that what is left is their profit.”
—Melissa Houston
Heads up: your bank balance does not equate to your true profitability. Doesn’t mean that you have all those money in your bank account, you’re free to spend them all you want. No—that’s not your profit yet!
As business owners, we need to get our money management system tied up so that our profitability is optimized. And one way to do that is to keep an eye on your bank account.
My personal tip: I look at my bank account—both business and personal—every. single. day.
I’m not kidding. I’m not exaggerating either.
In this episode of She Means Profit, I discuss why I find monitoring my accounts on a daily basis an essential powerful way to manage my money and optimize my business. I also break down the reasons why you should never think what’s in your bank account is your profit.
Listen to learn:
Highlights:
01:37 Little catch-up from the season break
02:18 Cash Confident: An Entrepreneur's Guide to Creating a Profitable Business
02:50 Cash management system
05:50 2023 Q4 planning and getting ready for 2024 planning
06:44 Checking my bank balance every day
08:37 Mistake 1: Assuming what remains in your bank account is your profit
09:00 Mistake 2: Not paying yourself
10:11 Cash flow vs profit
11:43 Unpaid debts
12:42 Overleveraging your business kills your cash flow
13:36 Accounting methods
15:37 Three ways to work with me
Links:
Cash ConfidentMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:17:35
Building a Solid Foundation for Your Business
5/29/2023
“You need to have a solid understanding of what's going on in your business.”
—Melissa Houston
It’s a no-brainer that anyone who owns a business must have a solid understanding of what's going on in the business—everything, including the ins and outs and the future plans. It’s simply the bedrock of success.
And while it is a no-brainer, actually committing yourself to doing so isn’t as simple as it seems. But when you have a firm grasp on your business, it's like having a compass that guides you through a maze of potential and obstacles.
So, dear entrepreneurs and dream chasers, remember that success is built on the foundation of deep comprehension. Dare to dream big, define your vision, craft your mission, and set goals that propel you toward greatness.
With a solid understanding of what's going on within your business, the possibilities are boundless, and success becomes an inevitable destination.
Listen to learn:
Highlights:
04:03 Control of your financial destination
04:56 Revenue without profit is a red flag
05:25 Have the courage to claim your financial dreams
05:40 Read your financial reports
07:42 Monitor your numbers
08:55 Cash is queen
Links:
Cash ConfidentMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:14:53
The Money Mindset and its Impact with Joyce Marter
5/22/2023
"There's an interconnection between mental health and financial health."
—Joyce Marter
At first glance, it may appear that there is no correlation between mental health and financial health, but the truth is that they affect one another.
Existing mental health issues can make it difficult to manage finances effectively, just as having financial issues can lead to mental health problems like depression and anxiety. That is why it is essential to recognize the interrelation between financial and mental health and take steps to address them.
Break the cycle and cultivate an abundance mindset. We need to look past the problems and work towards problem-solving. Open your eyes and begin to take your first step toward your highest vision.
But what does it mean to step towards your highest vision for yourself?
It simply means that you should know your worth, do the work, and prioritize self-care.
By recognizing the relationship between mental and financial health, we can improve and prosper our overall quality of life and achieve greater happiness and fulfillment.
Listen to learn:
Highlights:
02:49 Joyce as a Financial Therapist and Money Coach
03:30 Impact of money story and traumas to mental health
04:19 Importance of Money Mindset
14:54 The distinction of scarcity and abundance
16:19 How working collaboratively can solve problems
20:11 Establishing a high vision for personal and career growth
Links:
Joyce Marter
https://www.joyce-marter.com
Instagram: @joyce.marter
Facebook: Joyce Marter
Twitter: @Joyce_Marter
LinkedIn: https://www.linkedin.com/in/joycemarter/
Youtube: @joycemarterlicensedtherapi7961
Main website 🡪 https://shemeansprofit.com
Cash Confident Book
Cash Confident Course --> sign up here
Apply to work with me --> Apply here
Mini-courses
https://melissa-houston.thinkific.com/courses/the-debt-repayment-calculatorhttps://melissa-houston.thinkific.com/courses/pay-yourself
Duration:00:24:35
Increase Your Sales Volume
5/15/2023
“Finding new and innovative ways to increase the amount and frequency of sales should be one of your top priorities if you want long-term success.”
—Melissa Houston
Sales volume is essential; it is the heart of your business.
Without sales, businesses cannot drive revenue, gain profits, and eventually grow. In simple words, there is no business if you don’t have sales.
But increasing your sales volume is not easy. You need to put in effort, dedication, sweat, time, and willingness to take risks. And to become a successful business owner with a lot of sales, you need to be constantly innovating, trying new things, and adapting to changing market conditions.
In this episode, we’ll break down the key points on how you can increase your sales volume so that you can finally pay close attention to your sales volume, keep track of it, set goals for improvement, and take action to make it grow!
Listen to learn:
Highlights:
02:25 Enter Cash Confident reviews
04:12 Monitoring sales volume
05:04 Breakeven point in sales
07:19 Making a financial plan
10:58 Monitoring progress throughout the month
11:53 Having a detailed real-time data
13:12 Tracking your numbers
Cash Confident Book
Cash Confident Course --> sign up here
Apply to work with me --> Apply here
Links:
Cash ConfidentMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:16:40
Top Priority for Product-Based Businesses
5/8/2023
"When running a product-based business, profitability should be top of mind."
—Melissa Houston
Creating and operating a product-based business demands a significant amount of courage and drive to bring your product to the market.
Thus, it’s a must that entrepreneurs possess a deep understanding of their intended audience, their competitors, and the industry in which they operate.
It is not easy to build a product-based business. There are several things that you should consider, and a bucket of sweat and tears will be required in order to build it successfully.
So in this episode, we will delve into how we can make our product-based business profitable and on top despite hindrances and challenges!
Keep learning, adapting, and growing your business, and you'll make significant strides towards business success.
Listen to learn about:
Highlights:
04:19 Product-based businesses built on a solid financial foundation
06:00 Things to consider if you have a product-based business
06:20 Setting your prices
08:19 Packaging of the product
09:50 Marketing for your product
11:19 Considering manufacturing cost
12:42 Distribution of your products
15:42 Providing excellent service
17:10 Return policy
Cash Confident Book: https://www.amazon.com/Cash-Confident-Entrepreneurs-Creating-Profitable/dp/1637586361/ref=sr_1_1?keywords=cash+confident+melissa+houston&qid=1684071072&sprefix=%2Caps%2C57&sr=8-1
Cash Confident Course --> sign up here
Apply to work with me --> Apply here
Links:
Cash ConfidentMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderAre You On Track For Millionaire Status QuizFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:22:08
Building a Business Beyond Your Great Idea
5/1/2023
"The key to succeeding in business isn't just having a strong idea, but also knowing how to manage your business correctly."
—Melissa Houston
What motivated you to start your business? Each of us has unique reasons why we started to take the journey of entrepreneurship. For some, it’s their passion, while for others, it’s the desire to have another source of income.
But running a thriving business requires a good grasp and understanding of financial management.
You have to consider everything that builds your business: numbers, profit, data, operations, and marketing.
Have the courage to take the bold step towards a successful business through cultivating knowledge, vision, and dedication about finances. You can reach levels you never thought were possible—if you do the work to get there.
This episode talks about the things you need to prioritize to make your business successful.
Listen to learn about:
Highlights:
04:20 Running and developing a successful business
04:53 Looking at your business data
08:34 Unique opportunity to construct own business model
09:57 Poor money management
10:20 Ultimate responsibility for financial future
10:47 Why do you need a financial plan for your business
15:50 Pre-order Cash Confident
Cash Confident Book: https://www.amazon.com/Cash-Confident-Entrepreneurs-Creating-Profitable/dp/1637586361/ref=sr_1_1?keywords=cash+confident+melissa+houston&qid=1684071072&sprefix=%2Caps%2C57&sr=8-1
Cash Confident Course --> sign up here
Apply to work with me --> Apply here
Links:
Cash ConfidentMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:18:15
Your Brand is More Than Just a Logo with Tiffany Neuman
4/24/2023
“Your brand is everything in your business that people have a touchpoint with.”
—Tiffany Neuman
Your brand is your signature.
But it is not just about the colors, logos, or other visuals you provide.
Building a brand is all about creating a foundation for your business that includes your vision, voice, story, and goals. It should be like a conversation, a dialogue between you and your customers. Developing a unique brand is a step toward establishing a thriving and profitable business.
Tune in to the latest episode of She Means Profit, where our special guest, Tiffany Neuman, is going to drop some major knowledge bombs on branding!
Listen to learn:
Guest Bio: Tiffany Neuman is a visionary branding strategist who helps mission-driven entrepreneurs uplevel their businesses. After 15 years in the corporate world as a creative director, she left to found Your Legacy Brand to help clients across the globe increase their income, impact, and influence.
Highlights:
00:26 Intro
01:46 Tiffany helps women step into their power by creating legacy brand
02:35 Creating a brand for your business
04:18 Brands paint a picture of who you are
07:09 What is Brand Legacy
14:36 How Tiffany expands her audiences through networking group
18:17 You should make a quantum leap
Links:
Tiffany Neuman
https://yourlegacybrand.com/
Instagram:@tiffanyneumancreative
Facebook: @tiffanyneumancreative
LinkedIn: https://www.linkedin.com/in/tiffanyneuman/
Main website 🡪 https://shemeansprofit.com
Mini-courses
https://melissa-houston.thinkific.com/courses/the-debt-repayment-calculatorhttps://melissa-houston.thinkific.com/courses/pay-yourselfhttps://melissa-houston.thinkific.com/courses/personal-net-worth-calculator-mini-coursehttps://melissa-houston.thinkific.com/courses/the-ultimate-budget-binder-mini-courseFollow me on:
IG @melissahoustoncpa
LinkedIn @melissahoustoncpa
Duration:00:21:08
Building Your Financial Confidence
4/17/2023
"Money serves as a tool to help you create positive things in the world and support your values."
—Melissa Houston
Contrary to the common notion, money is NOT just a number. We all know how this number in our banks and our wallets has a huge influence on our quality of life. So, it is not surprising that many of us tie our worth and happiness to the amount of money that we have. We stress about chasing it and work hard to attain it.
And while money has the power to make us feel secure, it should never be linked to how we identify and value ourselves. Our worth isn’t dependent on how much money we make.
Don’t let money have the power over you; instead, allow yourself to control your finances and embody the right money mindset. Equip yourself with financial strategies and plans that align with your values. That way, you allow yourself to be empowered by money in many positive ways.
Listen to learn:
Highlights:
00:12 Intro
03:23 Cash Confident pre-order
04:04 Definition of money
09:32 The right money mindset
11:06 Develop money habits
12:04 Transforming money mindset into a positive one
18:25 Invest in yourself
Links:
Cash ConfidentMain websiteMini-course: The Debt Repayment CalculatorMini-course: Pay YourselfMini-course: Personal Net Worth CalculatorMini-course: The Ultimate Budget BinderAre You On Track For Millionaire Status QuizFollow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Duration:00:19:48
Improving Brand Visibility Through Marketing Strategies with Kelsey Reidl
4/10/2023
“Create what you consume.” - Kelsey Reidl
In a competitive environment like the business industry, having the right strategies is the tool to success. While it is a fact that marketing should reflect a brand's personality and be fun, brands should focus on "self-expressed" marketing strategies as well. A good way to start creating a social media strategy for your brand is to create content that you would enjoy consuming.
By creating content that aligns with your own preferences, you're more likely to be successful with your marketing efforts. This is because you'll have a deeper understanding of your target audience and what kind of content they enjoy consuming. In this way, you can develop a more efficient and effective marketing strategy.
Whether you are an entrepreneur just starting out or a small business owner looking to revamp your marketing strategy, this episode offers practical tips and insights for building a successful marketing strategy that is aligned with your mission and values.
Tune in to learn how to create a positive, exciting, and high-energy vibe around your products, experiment with different strategies, and see real results.
Listen to learn:
Highlights:
01:09 Intro
03:28 Struggles of Entrepreneurs
04:04 Understanding marketing from a Venn diagram perspective
09:20 Create what you consume
14:26 Self-expressed content as the most powerful piece of marketing
17:19 Marketing is all about energy
21:44 Marketing is a two-way conversation
Links:
Kelsey Reidl
https://www.kelseyreidl.com/
Instagram:@kelseyreidl
Main website 🡪 https://shemeansprofit.com
Mini-courses
https://melissa-houston.thinkific.com/courses/the-debt-repayment-calculatorhttps://melissa-houston.thinkific.com/courses/pay-yourselfhttps://melissa-houston.thinkific.com/courses/personal-net-worth-calculator-mini-coursehttps://melissa-houston.thinkific.com/courses/the-ultimate-budget-binder-mini-courseFollow me on:
IG @melissahoustoncpa
LinkedIn @melissahoustoncpa
Duration:00:28:27