Money, Money, Money! An important conversation in Business

Money can be one of the most uncomfortable conversations in business, and even personal relationships. As a corporate mediator for many years, I saw the discomfort that many people faced when the topic of money was on the table. Being successful in business requires many skills, one of those being the ability to manage money, another is the ability to talk about money, and the third is to have a relationship with money that will support a healthy business. 

I had the pleasure of interviewing Karin Mizgala and Sheila Walkington of Money Coaches Canada on my Radio Show .  They provided some wonderful tips for businesses and entrepreneurs to deal with money in a different way. Their tips help you move from stuck to unstuck, and include:

1) Knowing what you want. Have a clear plan, a vision, goals, and a focus on your top three goals. These will simplify your life and help you manage the finances more effectively.
2)  Know the numbers. You must know your financial reality to be able to find new solutions and make the best decisions for your company.
3) Delegate don't abdicate responsibility. Keep on top of your finances, and learn what you need to learn to understand them. Be open to changing your habits, and your beliefs, about money.
4) Create a plan and systems.  Set up a system to easily and consistently track your day to day expenses, and know how much you need to earn and save to reach your financial goals. 
5)  Just DO IT!  Create an action plan and start today.  


What habits and beliefs can you change to get on top of your finances quickly (and with more ease)?

What immediate action can you take today to know your numbers and create your action plan that supports your goals?

You can listen to more of the Money Coaches Canada tips at: 

http://www.blogtalkradio.com/charmainehammond/2013/06/12/guests-money-coaches-canada-and-dave-rodwell


Join the conversation. Please share your comments, thoughts and tips on this blog so others can benefit.

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Got Money?

Maria Simone is a transformational business and funding strategist who helps business attract funding, launch products and create abundance. Maria is also the founder and CEO of Passion to Prosperity, Leadership Director for the National Business Experts and Producer of the fundraise Investor Pitch and Enlightened Entrepreneur Summit. She wants business owners to know that "the money has not left the planet"; in fact, there is a lot of it out there. The key is knowing how to tap into more.

One of the first steps is to do a mindset test, advised Maria Simone. Is your mindset and thinking more about abundance or scarcity? Thinking there is more than enough to go around or not enough to meet your needs? Your mindset is critical in securing funding and tapping into investors and financial abundance.

When creating joint ventures with other businesses and authors, look for the W3- win, win, win. Win for you, win for the other partner and the win for the client or customer. Each of you needs to prosper from this partnership or collaboration. 

Check our Maria's exciting new venture:   http://www.100mdfc.com/  or http://www.esevent.com/

Here are some other Simple but powerful strategies from Maria:

- Create joint ventures

- Determine what you are trying to accomplish- list out your goals and list out the resources you have and the resources you need

- Explore partnerships

- Ask for deferred payments or payment plans

- Trade products and services

The money- funding is out there. There are always businesses looking to support launches and be a part of events. You can ask them to support your project by offering a “loan” as an investment, then after your launch, you pay them back plus interest or a bit of profit. Listen to the fabulous example Maria shared on the second half of my radio show (starts at 30 minutes in):

http://www.blogtalkradio.com/charmainehammond/2012/04/18/guests-dave-albano-and-maria-simone

To read Maria’s book Passion to Prosperity visit: