Behind the Numbers of Starting a Business, With Lauryn Williams and Chloé Moore
Tuesday, February 14, 2023
Behind the Numbers of Starting a Business, With Lauryn Williams and Chloé Moore
Welcome to Round 2 of the “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They will take you behind the numbers with real-life examples of financial situations to help you gain confidence and clarity to control your financial destiny.
Are you thinking about quitting your job to start a business? Lauryn and Chloe are sharing behind the numbers of starting a business and what you need to think about before quitting your nine-to-five..
In this episode, we discuss:
- How much money the majority of small business owners are actually making
- The statistics around how many small businesses fail and why
- Types of small businesses most likely to fail
- How to get your financial house in order before starting a business
- Knocking out your debt before quitting your job
- Types of “emergencies” that entrepreneurs may face
- The need to replace your employee benefits like health insurance
- How much extra you need to make to “match” your employee income
- The importance of considering your startup costs and the cost of running your business
- Outsourcing vs doing it yoursel
- Business projections and professionals who can help you manage your business finances
- Types of small businesses most likely to fail
If you want to further connect with Lauryn Williams at Worth Winning, follow us on social media:
Instagram: @worthwinning
Facebook: @worthwinningfp
LinkedIn: @lauryn-williams
If you want to connect further with Chloé Moore:
Instagram: @financialstaples
Twitter: @finstaples
Facebook: @finstaples
LinkedIn: @chloemoore
Hi, I'm Lauryn
Certified Financial Planner
Welcome to the Worth Listening podcast and blog where we focus on having positive and productive conversations about money.
Interested in being a guest on our show? Email us today at podcast@worth-listening.com. We'd love to hear from you!
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