047: Million Dollar Mistakes Session One: The Three Departments You Must Master

Live Life Rich

I want you to wake up with determination and go to bed with satisfaction.

I want you to build the life of your dreams.

I want you to live life rich, whatever that means for you.

This is what I preach every week and the very reason I started this podcast. Over the next few weeks, I want to dig even deeper into it.

As long-time listeners know, there are 5 core areas of our life. In this upcoming series, I’m going to be focusing on financials. We are going to be discussing how to get our finances under control in our households, but even more so in our businesses.

Whether you are a budding entrepreneur or someone who is further along in your entrepreneurial journey, these tips will help you grow and scale your business.

It all starts with mastering 3 core areas. Neglecting these areas is a colossal mistake. Entrepreneurs who make that mistake derail their business success.

You will be broke and stay broke if you don’t master these 3 areas. So tune in and take control of your finances today.

In this episode, you will hear:

• What the operations department is.
• What goes into the sales and marketing department of a business.
• What you must know when it comes to the finance and legal aspects of your business.
• Why each of these departments is so important.
• The sacrifices that come with entrepreneurship.
• Why organization is critical to building a business.

Subscribe and Review

Please share this podcast with your friends and family. Our beliefs really do drive our behavior and you are born for more.

Have you subscribed to my podcast? If the answer is no, I’d love for you to subscribe. Live Life Rich is full of stories of business, some behind the scenes, and freaking amazing guests.

If you’re feeling really generous, I’d love for you to give me a review over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps me out a ton!

If you really enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://marissanehlsen.com/llr047 to download it.

Supporting Resources:

https://marissanehlsen.com

Facebook: https://www.facebook.com/marissa.nehlsen

Instagram: https://www.instagram.com/marissanehlsen/

Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/

Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/

7 Steps to Financial Freedom: https://marissanehlsen.com/7steps/

The E Myth by Michael E. Gerber: https://www.amazon.com/Myth-Revisited-Small-Businesses-About/dp/0887307280

Get my free time management downloads: www.marissanehlsen.com/time

***

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.

He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world.

Find out more at https://emeraldcitypro.com