Manage Your Business Finances with Shannon Simmons

There can be a struggle to balance your personal values with those of your team while navigating the challenges of entrepreneurship.Sometimes, it gets sticky. What happens when members of your team don’t align with your core values?In this podcast episode, Shannon and Kiri delve into those intricacies, as well as discuss managing business finances effectively using the Profit First model, and overcoming the unique challenges faced by women entrepreneurs in the fitness industry.By the end of this episode, you'll:Gain insights into aligning personal values with team values to foster a cohesive work environment and drive business success.Learn practical strategies for implementing the Profit First model to manage business finances efficiently and avoid common pitfalls.Understand the specific challenges faced by women entrepreneurs in the fitness industry and discover strategies for overcoming them to achieve financial stability and work-life balance.Tune in to receive valuable insights and practical tips for navigating the challenges of entrepreneurship in today's ever-evolving landscape.Shannon Simmons is a profit coach and business consultant for wellness businesses and has been working in the accounting and bookkeeping industry since 2003. Shannon started her business when she had two preschool-aged kids at home as a “hobby” business. Shannon didn’t want to go back to the corporate world, but she also wanted to contribute to the household and feel like she had an identity outside of “mom.” You can find her at Fit For Profit.Notable Moments02:18 – Shannon on defining her values7:00 – What is the Profit First Method?14:16 – Finding a niche21:16 – Starting a business with two preschoolers26:13 – Hiring people who accept your valuesConnect with ShannonFit For ProfitInstagramFacebookProfit First OverviewMentioned on the ShowProfit First by Mike MichalowiczClockwork by Mike MichalowiczNicole Schmied EpisodeAppleSpotifyI'd love to help you grow your freelance business! CLICK HERE to set up a zoom call.Take control of your finances and figure out exactly what you need to earn with The Money Mapper. ~This podcast explores the journey to financial freedom through freelancing, remote work, and having an online business, tackling challenges like getting clients, imposter syndrome and burnout, while promoting a growth mindset, confidence, and the ambition to build a remote career with better work life balance, time management, and productivity, all through intentional mindset shifts, personal development, and learning to work smarter, especially when working from home or navigating a career change.~