Building A Better Relationship With Money - with Catherine Morgan
In this very special show, Nick talks all things money with guest, Catherine Morgan, the host of the In Her Financial Shoes podcast, and multi-award winning financial coach and trainer.
Nick and Catherine discuss the best ways in which we can juggle the delicate balance of money in our lives, where our relationships with money begin and how they are shape our financial aspirations, and how developing a healthy emotional relationship with money can in turn lead to more positive outcomes in not just business but life itself.
Find out now if you’re building a high-value, exitable business (even if you have no immediate plans to sell it). You’ll get an instant PDF report with powerful insights specifically tailored to your business in just 4 minutes.
https://highvalueexit.scoreapp.com/
KEY TAKEAWAYS
The focus in the financial services industry needs to recognise that it is about people, not products. We must empower people to recognise their worth, and to not be afraid to value themselves correctly. Entrepreneurs who begin businesses must take into account, from the beginning, the prospect of one day exiting through sale, or the prospect of how scale can be achieved. Exit strategies need to be inbuilt from the start. We form our relationships with money in childhood. It generally relates to some pivotal situation in which money has played a crucial role. The effects of this relationship last through life. Our relationship with money uses our emotional side, rather than our logical side. Some see it as a form of comfort when life hits the rocks. Others find themselves influenced by the ways in which money was presented during youth. Many entrepreneurs are driven by a dearth of money in their youth. This has been the driving factor in much of their success, as they battle to build the wealth they never knew.BEST MOMENTS
’The limit of where you can go is kind of untapped'
‘Often when we start businesses, we don’t think about selling it’
’I was actually self-sabotaging my own financial success’
’What impact did that have, and therefore what meaning did you attach to money?'
VALUABLE RESOURCES
Scale Up Your Business – scaleup.vip/podcast
Join the free Scale Up Your Business community: scaleup.vip/community
Take the Six Peaks of Value Creation Scorecard, to measure your current business performance and show you where to focus to get to where you want to be: https://scaleup.vip/sixpeaks
The Money Panel - www.themoneypanel.co.uk
In Her Financial Shoes - https://podcasts.apple.com/gb/podcast/in-her-financial-shoes-podcast/id1449065629
Catherine Morgan LinkedIn - https://uk.linkedin.com/in/catherine-morgan?trk=people-guest_people_search-card
ABOUT THE HOST
Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert.
His background is growing and scaling Venture Capital and Private Equity backed businesses globally.
Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars.His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact.
CONTACT METHOD
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Nick’s LinkedIn: https://highvalueexit.com/li
Nick’s Instagram: https://highvalueexit.com/ig
