89. Hobby Money Vs. Business Money The Kristen Boss Podcast

If you’re like most social sellers, you joined this business model because you needed a way to make a few hundred dollars a month to make ends meet. And before you knew it, you started booking parties, making new friends, and growing a team. At some point along the way, this hobby turned into an actual business.
 
Now that you’re running a business, it’s time to start treating it like one instead of the hobby you started out with. And the best place to start is with your money. 
 
Kristen is here this week to talk about the differences between hobby money and business money and the mindset shift that has to happen in order for your business to truly grow. Grab a pen and paper! You’re going to want to take notes.
 
Here are a few takeaways:
 
At what point you should stop treating your business like a hobby Importance of having a separate business checking account Learning to leverage your time and energy in order to focus on income-producing activities The difference between strategic debt and regular debt  
More often than not, how you view money is based on your own personal beliefs. Learning to view money as a tool in order to grow and scale your business in a sustainable way will unlock potential you never knew you had.
 
Interested in Kristen’s exclusive mastermind for six-figure earners in the network marketing industry? Get all the details and join the waitlist here.
 
Thanks for listening! Do you have a question about network marketing? Kristen can help! Drop your question here, and she just might answer it live on the podcast: https://Kristenboss.com/question
 
If you’re ready to learn the simple process of running your social selling business online, you have to check out Kristen’s live group coaching program! The Social Selling Academy: www.thesocialsellingacademy.com