This is One of the Costs of Unhealthy Financial Stress
Before most speaking engagements, the participants complete a pre-event questionnaire. One of the questions I ask is, “What area(s) of money causes you the most stress?” The options are: earning, saving, spending, managing debt, investing, love + money. The...
This is Why Juneteenth Affects Everyone, Not Just Black People
Tomorrow is Juneteenth. A holiday my family and many others have recognized for decades. Now, as of June 2021, it is a federal holiday in the United States. I, for one, am grateful for this formal designation. Because the days leading up to celebrating this...
Do You Have Too Little Time for Even Important Tasks?
How often do you catch yourself saying, “I don’t have enough time for (fill in the blank)?” Between juggling your workload, professional and personal calendars, and professional and personal responsibilities, you are probably walking around feeling a bit overwhelmed....
How to Avoid Falling Into This Pricing Trap
I’ve noticed an interesting pattern from the entrepreneurs and small business owners with whom I’ve worked, as well as with those who are friends and colleagues: They unwittingly keep their business stuck at a particular revenue threshold. I have a theory as to...
Can Your Pricing Help You Manage Your Stress Better?
When it comes to mental health, the stats are not encouraging for entrepreneurs: Entrepreneurs are 30% more likely to experience depression than non-entrepreneurs. (Source: Harvard Business Review) Entrepreneurs are 3x more likely to suffer from anxiety, stress, and...
Make Sure You’re Not Competing With Free
“We went with a different person. They were willing to do it for free.” This is what I heard this past Friday when I followed up on the status of a potential speaking engagement. The firm initially reached out to me in January about the possibility of me...
Are You Limiting Your Growth, Or Just Growing Your Way?
I was listening to Guy Raz’ interview of Fokke de Jong, founder and CEO of Suitsupply. During their conversation, Guy asked Fokke if he was limiting his growth because his products are only available in Suitsupply stores – rather than also in shoplets inside...
It’s Irrational and Against Your Better Judgment…And Yet
We know it doesn’t serve us, yet we also all do it to varying degrees. To what am I referring? Procrastination, also known as the act of delaying or putting off doing a task or making a decision. And according to Professor Joseph Ferrari of DePaul University, “around...
Turn Down the Volume of the Financial Noise Around You
Perhaps I am being a bit cynical. But, seeing a post on social media about “recession proofing” your business made me go, “hmm…, that’s interesting.” Why this reaction? Well, because according to the U.S. Bureau of Labor Statistics, the annual inflation...
