Financial Fridays: Mindset and Money Tips from Coach Colette and Sukhtej Singh

from Start Within w/Coach Colette · host Coach Colette Ellis

Did you know that August -- in addition to being Coach Colette's birthday month -- is Black Business month? In this episode of Financial Fridays, we kick off with some results from a 2020 survey of over 3,100 small business and franchise owners in the US by Guidant Financial and the Small Business Trends Alliance.  This survey found that Black-owned businesses exist across all industries, with the top industry category being Business Services at 20%. The next most popular industry categories were tied at 9%: 1) Retail; 2) Health, Beauty and Fitness Services; and 3) Restaurant or Food Services. The fifth most popular industry according to the survey was Construction and Contracting at 8%. While Black entrepreneurs were 30% more likely than the average of all surveyed small business owners to solely operate their businesses, there was a 19% decrease in Black solopreneurs from 2019. This survey showed that 45% of Black-owned businesses have 2-5 employees.  We know that due to the COVID-19 pandemic and lock-down that a number of Black-owned businesses have been severely impacted financially. It will be really interesting to see how this data shifts next year based on all that we are experiencing now. What do you do when someone questions your integrity or intention? In this week's Unplugged segment, Coach Colette candidly shares a recent experience in her business. She also walks us through various EFT-Tapping points to reveal how to use the process to heal after something has triggered a negative response, or to release when you’re feeling pent-up, stuck energy. If you enjoyed this episode, why not share it on Instagram and tag @coach_colette! She’ll be sure to share your comments and big takeaways on her Instagram Stories. Or, tweet your thoughts to @Coach_Colette. If you'd like to ask a question or make a topic suggestion, send us a message here. Thanks for listening; and please make sure to give us a review on iTunes, Spotify, or wherever you listen.

What this episode covers

Did you know that August -- in addition to being Coach Colette's birthday month -- is Black Business month? In this episode of Financial Fridays, we kick off with some results from a 2020 survey of over 3,100 small business and franchise owners in the US by Guidant Financial and the Small Business Trends Alliance. This survey found that Black-owned businesses exist across all industries, with the top industry category being Business Services at 20%. The next most popular industry categories were tied at 9%: 1) Retail; 2) Health, Beauty and Fitness Services; and 3) Restaurant or Food Services. The fifth most popular industry according to the survey was Construction and Contracting at 8%. While Black entrepreneurs were 30% more likely than the average of all surveyed small business owners to solely operate their businesses, there was a 19% decrease in Black solopreneurs from 2019. This survey showed that 45% of Black-owned businesses have 2-5 employees. We know that due to the COVID-19 pandemic and lock-down that a number of Black-owned businesses have been severely impacted financially. It will be really interesting to see how this data shifts next year based on all that we are experiencing now. What do you do when someone questions your integrity or intention? In this week's Unplugged segment, Coach Colette candidly shares a recent experience in her business. She also walks us through various EFT-Tapping points to reveal how to use the process to heal after something has triggered a negative response, or to release when you’re feeling pent-up, stuck energy. If you enjoyed this episode, why not share it on Instagram and tag @coach_colette! She’ll be sure to share your comments and big takeaways on her Instagram Stories. Or, tweet your thoughts to @Coach_Colette. If you'd like to ask a question or make a topic suggestion, send us a message here. Thanks for listening; and please make sure to give us a review on iTunes, Spotify, or wherever you listen.

NOW PLAYING

Financial Fridays: Mindset and Money Tips from Coach Colette and Sukhtej Singh

0:00 14:04

1×

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Share this episode

Similar Episodes

Veteran Salesman: Tap Into Raw Emotion To seal The Deal | E46

Apr 22, 2025 ·32m

Introducing the Wealth Education Podcast

Feb 27, 2025 ·0m

Inclusive Entrepreneurship Advocate: Unlocking Wealth for Underserved Entrepreneurs| E45

Dec 6, 2024 ·34m

Mastering Money Management: Become Rich for The Price of Financial Literacy| E43

Sep 27, 2024 ·29m

Onstage Presence Expert: Overcome Stage Fright with Internal Drive | E44

Sep 20, 2024 ·57m

Mastering Money Management: Intro to Financial Literacy | E42

Aug 7, 2024 ·16m

Similar Podcasts

The Small Business Startup School – Business Notes | Financial Literacy | Retail Psychology – For Professionals & Entrepreneurs The Small Business Startup School Inc. Starting or buying a small business? While personal circumstances may vary, business patterns remain timeless. On The Small Business Startup School, we explore strategies, insights, and practical solutions to help entrepreneurs confidently navigate their journey.Hosted by Ola Williams—a retail entrepreneur, fintech founder, and financial coach with over two decades of experience—this podcast marries financial awareness and retail psychology with optimism to deliver actionable takeaways.Join us to learn, grow, and connect as we uncover the keys to business success.Let’s continue to learn together and be encouraged to keep on connecting! Solving for Change MOBIA Technology Innovations Solving for Change welcomes business and technology leaders to share stories of bold business transformation within complex organizations. In an era when technology and markets are changing around businesses, the key to staying competitive is to evolve in response to those changes. MOBIA’s Mike Reeves and Marc LeBlanc investigate business transformation, deconstructing the challenges, ambitions, and market disruptions that drive companies to embark on transformation journeys, and exploring their unique approaches to achieving meaningful outcomes. What sparks leaders to pursue business transformation? How do they overcome the challenges along the way? What are the keys to creating enduring change? Through in-depth conversations with business and technology leaders, Mike and Marc answer these questions and explore how businesses evolve by pulling four key transformation levers: people, process, technology, and culture. 21 Millionen - Die Bitcoin Akademie Marco Eberle Bist Du bereit für Deine Bitcoin-Reise? Wir stehen vielleicht am Anfang einer finanziellen Revolution, und Bitcoin ist erst am Start seiner Reise.Hast Du Dich jemals gefragt, was hinter Bitcoin steckt und wie Du ein Teil dieser aufstrebenden Zukunft werden kannst? Hier bist Du genau am richtigen Ort! Wounded Warriors of the Cross Gary Pastoral and clergy mental health is a mostly ignored area, especially by those who live their lives as pastors in the clergy. The stigma of mental health within those who serve in the shadow of the cross is something that invokes the stigma of fear. Many of those in the clergy will choose to suffer in their despair rather than reaching out for help. Sometimes those suffering choose to wait until it's too late to get the real help that they need. At Wounded Warriors of the Cross our mission is to lift the stigma and the veil of silence that encompasses clergy mental health and assist those who suffer in silence. Wounded Warriors of the Cross is here to shed the light of Christ's love into those dark places.

Frequently Asked Questions

How long is this episode of Start Within w/Coach Colette?

This episode is 14 minutes long.

When was this Start Within w/Coach Colette episode published?

This episode was published on August 7, 2020.

What is this episode about?

Can I download this Start Within w/Coach Colette episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.

URL copied to clipboard!