5: From 30% to 72% Profit with 6-Figure Owner’s Pay and Maxed Out Retirement with Nagina Abdullah episode artwork

EPISODE · May 1, 2024 · 1H 6M

5: From 30% to 72% Profit with 6-Figure Owner’s Pay and Maxed Out Retirement with Nagina Abdullah

from Harmonious Wealth

Have you been unable to pay yourself well and consistently, and now you're feeling a little bit resentful of your business? Nagina, one of our longtime bookkeeping clients, was experiencing this too. Before working with us, she was frantic about money and making over 6-figures but only taking home 30%. As an online health coach, wife, mother of two, as well as a working full-time corporate job, she didn't want to run the risk of not being able to have adequate take home pay in her business.Since working with Lovely Financials, Nagina went from consistently sitting at a 30% profit margin to sustaining 70% consistently. This has allowed her to pay herself six figures, keep excess cash on hand in her business, and max out her retirement to $66,000 for the year.In this episode, you'll learn how Nagina was able to use her financial reports to increase her profits and revenue and develop the skill of directing her income to work smarter for her. Plus, she shares the money mindset blocks she had to work through to make it happen. 04:25 — Uncovering why Nagina was making more than 6 figures but only bringing home 30% 11:08 — The financial trends in spending and earning that helped Nagina make decisions that increased profit21:58 — How the mindset, "I have to work so hard to make money" affected Nagina's growth in her first few years and how she worked through it to scale29:35 — How raising prices shifted Nagina into a feminine relationship with money and changed her mindset34:08 — From keeping only 30% to now keeping 70% of every dollar she earned38:13 — Not investing for retirement is choosing to give up millions of dollars45:28 — How consistent owner's pay has changed Nagina's lifestyle👋 CONNECT WITH NAGINA ABDULLAH (SHE/HER)Nagina Abdullah is a weight-loss coach for women in midlife and founder of the website MasalaBody.com. She teaches women to boost their metabolism especially when what worked before no longer works. She focuses on natural formulas to combine and time metabolism-boosting foods to reduce belly fat and overall weight gain in midlife. Nagina has a degree in Molecular and Cell Biology from UC Berkeley and has helped over 1,500 midlife women successfully lose weight and create a lifestyle change.Nagina shares her "Sweet Spice Cheat Sheet" with the spice that is in your kitchen cabinet! It helps to lower blood sugar and curb sugar cravings. The cheat sheet includes:3 health benefits of using this spice5 ways to use it in your dayAn easy recipe using this spicehttps://masalabody.com/SweetSpicePDF/🎉Enter the Harmonious Wealth Hour Giveaway! 3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it! Subscribe to Harmonious Wealth on YouTube and your favorite podcast app Leave a review on Apple PodcastsTake a screenshot of the review and submit in the Review Form here so we can email you if you win You have until Thursday, April 25th to enter and we'll select three winners,  who will be notified by email!💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for Itlovelyfinancials.com/openhouse---Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith. Bookkeeping - Receive bookkeeping with NO tax surprisesProfit Planning Intensive - Increase your profit by 25%---Connect with Iyanna: YouTubeInstagramEmail Website

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5: From 30% to 72% Profit with 6-Figure Owner’s Pay and Maxed Out Retirement with Nagina Abdullah

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