Are your personal priorities unintentionally holding your business back? In this episode of The YouCan Podcast, we explore the challenge many entrepreneurs face when trying to balance business growth with expenses like house renovations, holidays, and other lifestyle demands.We’ll discuss how expecting your young business to support these costs can stall progress and leave you frustrated. Using real-life examples and practical strategies, we cover how to:Manage your expectations for business growth timelines.Forecast revenue and cash flow realistically.Consider alternative income sources to ease financial pressure.Prioritise reinvesting in your business to ensure it thrives.Identify the help you need to move forward effectively.Drawing on insights from coaching successful entrepreneurs, this episode highlights why the most successful business owners invest in mentors, coaches, and support — and how you can too.Tune in for actionable advice and a fresh perspective on balancing personal life and business growth. Don't let short-term priorities strangle your long-term success!👉 Listen now and learn how to nurture your business for sustainable growth.🔗 Share your thoughts and connect with us on LinkedIn or in the podcast community.Keywords: Business growth, entrepreneurship, personal finance, balancing business and life, investing in your business, cash flow forecasting, business coaching, business mentoring, sustainable growth strategies, young business success.Support this podcast at — https://redcircle.com/you-can-inspiring-women-in-business/exclusive-contentAdvertising Inquiries: https://redcircle.com/brands
Full Episode
Hello and welcome to this week's episode of the You Can Podcast. I'm your host, Sarah Jolly Jarvis. And today we are going to be talking around, are you holding your business back? It's a big balance. It's a massive balancing act between your personal priorities and your business growth, particularly when you run your own business. And so that's what we're going to be talking about.
Are you expecting your business to fund your lifestyle before it's really fully grown and in a position where it can do that? So we're going to talk about personal priorities and whether they are out of sync, out of balance with where your business is and where you want to take it.
So what we'll cover is balancing those personal priorities like renovations, like holidays, like life, but also why it matters. So many early stage entrepreneurs unknowingly sabotage their progress because they take too much money out of the business and expect it to develop and grow on too little resources.
This all came about really because I was talking to a business owner who I was asking them, you know, how's it going? They've been going now about just under a year and they were telling me that, you know what, I'm disappointed with the amount of leads that I'm getting. My audience isn't a bad size, but I'm just not getting the conversions that I was expecting at this stage.
and so obviously it's sales i love sales so i was straight in there asking all the questions and what came up for me was when i asked them around what have they done so far to make changes with this and actually i saw a post out on linkedin this week about you know people when they want to do better at something than when they want to improve if you want to learn
a musical instrument you go out and you get lessons and that might not be formal lessons but you'll go on the internet and you'll you'll download youtube and watch loads of videos and all that kind of stuff to kind of get an understanding of what you need to do and that can be the same thing in your business is you can't expect your business to improve or your skill set around something to improve without doing some learning right
better understanding it or at least doing supported practice. And so when I said to this person, you know what, what have you done? And they were like, well, I haven't done anything because we've had a lot of costs. We've been away on a big holiday and we've got another one coming up and we're in the middle of a house renovation.
that for me was really like whoa you know wait a minute what is your house renovation what is your holidays got to do with your business now i am like you know a big fan of going on holiday and taking a bit of time out and having the opportunity to kind of re-look at things um and so you know you could argue that a decent holiday will provide you with a new perspective on your business etc etc help you come back energized you know you can't run on empty etc etc but
When you start prioritising multiple elements like that over your business and your business doesn't have the funds to invest in itself because it's supporting those activities where what I tend to call them, whether it's a little bit too
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