How to Pay Yourself First - Feat. Libby DeRosa

In this episode, we dive into how to pay yourself first in your business with our special guest Libby DeRosa, a business finance coach who helps entrepreneurs maximize their profits and take control of their cash flow. Are you running a business or just working another job that doesn’t pay you? Libby breaks down how to make your money work for you, when to start paying yourself, and how to stop operating in survival mode. We’ll also discuss: ✅ How to shift your mindset from scarcity to strategy ✅ Cash flow forecasting and finding your business rhythm ✅ How to build reserves—and make your business worth WAY more if you ever want to sell it ✅ The balance between what your accountant wants vs. what your banker needs Money decisions look very different when you have reserves. Tune in and learn how to get out of the financial stress cycle and take control of your business finances today! Talk Bold Action: First, do an expense audit and assess what you truly need, what you can cut and how you can improve your button line. Next, start paying yourself! Then get connected with Libby and join her Facebook group “Profit Project” for women entrepreneurs or at www.libbyderosa.com Don’t forget to like, subscribe, and share this episode with a fellow entrepreneur! Connect with Libby DeRosa Learn more about how Libby helps CEOs on her website: https://www.libbyderosa.com Connect with Libby in her Free Facebook Group: HarmonyOps Collective https://www.facebook.com/groups/harmonyops Connect with Brenda Stroud Learn more about how Brenda helps women real estate investors on her website: https://brendastroud.com/ Connect with Brenda and other real estate investors in her Free Facebook Groups: The Legacy Squad: https://www.facebook.com/share/g/1AGCLy8hDG/ You Better ASK Somebody https://www.facebook.com/share/g/1Cu5KwWJHX/ Connect with Andrea Engstrom If you want support on your journey to grow your business, grab your spot in Andrea’s FREE workshop for Women Entrepreneurs: https://andreaengstrom.com/ If you’re a woman entrepreneur, join Andrea’s FREE Facebook group: Bold Women in Business Sisterhood where she shares strategies every week to help you gain Clarity, Confidence and Powerful Connections so you can build the business and the life you deserve. JOIN ANDREA’S FREE FACEBOOK GROUP: https://www.facebook.com/groups/boldwomeninbusinesssisterhood