How Your Relationship With Money Affects Your Business

When it comes to talking finances, people often feel uncomfortable due to their personal relationship with money. While this can be a taboo topic, host May Yeo Silvers explains that it is a crucial part of doing business. In today’s episode, May dives deep into how your relationship with money can and will affect the success of your business.  For many event planners, the motivation to create beautiful events for everyone often overrides the need for financial success. While it is important to be passionate about your craft, money management needs to be a top priority. When you lose focus on financial gains, May explains that you run the risk of losing your business.   Tune into this week’s episode of The Unstoppable Eventrepreneur™ for a real and raw conversation about money. Learn more about the importance of investing, ways to break the cycle of imposter syndrome, and how to elevate your fiscal consciousness, so you can set your businesses up for financial success.    Quotes • “Your relationship with money plays an important part in your personal life, your business and your financial wealth.” (01:32-01:44) • “Do not believe the potential client’s money story. Do not believe what they tell you that they do and do not have the money for.” (08:15-08:26) • “When you don't believe that you can charge that much, a lot of times it is coming from insecurity about your worthiness and service.” (09:16-09:27) • “When you tell yourself that it is difficult to earn and ask for money, what happens? You won't ask for the sale.” (13:55-14:02)  • “In business, you have to invest to make more. So you need to have an investment mindset.” (15:25-15:30) • “When you don't dare to invest, your business will go very slow and sometimes even stagnant.” (15:40-15:48) • “You need to be intentional about money. You need to tell money what you are going to do with it when it comes.” (20:16-20:24)   Links Connect with me at: [email protected] Website: events4anyone.com LinkedIn: www.linkedin.com/in/mayyeosilvers Facebook: www.facebook.com/mayyeosilvers IG: www.instagram.com/mayyeosilvers TikTok: https://www.tiktok.com/@mayyeosilvers  FB private group: https://www.facebook.com/groups/events4anyone   Podcast production and show notes provided by HiveCast.fm