Overwhelmed to Ownership Challenge

Day 1: Let's get intimate.

Calm down, not *that* kind of intimate.

I'm talking about getting intimate with your numbers, because…

Today is Day 1 of the 5-Day Overwhelmed to Ownership Challenge!

Making money is the main reason people are in business, right?

I mean, you wouldn't be in business if you weren't hoping to profit.

So let's not fear getting intimate with our numbers, and let's get a very clear grasp on exactly how money comes in and out of your business.

DAY 1: GETTING INTIMATE WITH YOUR NUMBERS

2018 is awesome, and it's also freaking complex. 

The same systems that allow us the opportunity to work for ourselves at home and across borders tend to make things a bit convoluted.

What I want you to do is relatively simple.

YOUR DAY 1 HOMEWORK:

  1. First, map out the ways you receive payment from your customers and how the money actually ends up in your bank, and which bank (business or personal).
    Then… identify if any of those forms of payment are unnecessary, messy, or too costly and if so, how you can correct or remove the ones giving you grief.
  2. Second, map out exactly how you make purchases for your business. Are you using just a business debit card?  Paying with cash?  Using one or more personal credit cards?  Writing business and personal checks? 
    Then… determine if you can eliminate any of those forms of payment to keep things easier to keep track of.

📒 If you haven’t already gotten your challenge workbook, get it by clicking here and use the two sheets marked "Day 1" to help you with this exercise.

YOUR ACTION STEPS TODAY:

  1. Complete the relevant pages in the workbook

  2. Hop on over to THE FACEBOOK GROUP and comment on today's post to let us know which payment methods you are going to cut, or if all of yours are currently working for you. Use the hashtag #O2ODay1

  3. Catch the Facebook live replay below where I share exactly how to simplify the ways you receive and spend your money to save you time and headache, and how to do this without upsetting your current customers. 

Facebook Live Replay

 

Go to another day of the challenge:

Day 2: Now let's separate
Day 3: Daily habits
Day 4: Ditch the paper
Day 5: Amp up & organize
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