EP 391: The #1 Biz Lesson I Didn't Learn Even With in Two Masters Degrees
Aug 14, 2023
Welcome, ladies! In this minisode of the Real Estate InvestHER Show, Liz and Andresa dive deep into the crucial topic of business finances. They emphasize the importance of having a pulse on your business's financial health and offer valuable insights they wish they had learned in school. From understanding cash flow and profit and loss statements to working with bookkeepers and CPAs, they provide actionable tips to help you scale your business and make informed decisions. They also highlight the significance of implementing the Profit First system and finding the right banking partner.
Ladies, by mastering your business finances, you'll gain the confidence and clarity needed to achieve long-term success!
Quotes
- "You are not a real estate investor, you are a business owner, and you need to understand how to run your business as if all your investments come together in one single spreadsheet.” (10:27 - 10:47)
- “Having a pulse on the financials of your business is crucial. Understand your cash flow, income, and expenses on a business level, not just per property." (12:23 - 12:35)
- “Knowing doesn't do anything. Take action and pick one step you can take to move the needle forward in your business towards an area where you feel comfortable.” (12:40 - 13:05)
How To Join the InvestHER Movement
1) InvestHER CON 2024 Austin, TX Omni Barton Creek Resort June 3-4 - "ALL IN – It’s Time to Thrive”
Here is what you can expect at InvestHER CON 2024: Pre-event network, 2 full days of transformational experiences, access to over 20 Sessions with Keynotes and Speakers, recordings from all sessions, access to investors, mentors, and influencers, mindful networking, opportunities to connect with our sponsors + vendors, coffee and lunch included, Final Reception: Red Party, Live 30-day Group Accountability Virtual Session with the Founders Liz and Andresa, Exclusive Breakfast for STRIVE members only.
"InvestHer CON was truly a transformative experience. I have felt so alone for so long and now I feel like I have a community of support. I don’t have to be the master of everything and take it all on my shoulders, I just have to do what I am excellent at." - Heather Giammichele
Join us in. Get your ticket today https://www.therealestateinvesther.com/investhercon
2) InvestHER Community on Facebook : a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!
3)STRIVE Membership - for highly ambitious and decisive Real Estate investors looking to grow your Real Estate portfolio on your own terms while making deeper relationships with successful women playing at the same level.
APPLY today at https://www.therealestateinvesther.com/membership
4) InvestHER Meetups Around the Globe : attend in-person meetings held monthly by experienced InvestHER Leaders! Find the location near you: https://www.therealestateinvesther.com/investhercon
5)The Real Estate InvestHER Podcast - straight talk and inspiration for current and aspiring female real estate investors to live both balanced and financially free lives. Subscribe here: https://podcasts.apple.com/us/podcast/the-real-estate-investher-show/id1346815972
6)InvestHER™ ORG with eXp : all-woman investment group for agents and build your personal portfolio while creating generational wealth! Get the benefits of being part of a team without extra fees! Schedule a discovery call: https://www.therealestateinvesther.com/investherorg
Take your business to the next level without losing your sanity!
Join STRIVE membership and get the support and accountability you need to take the next steps towards achieving your goals on your own terms
