• How to Scale $1 Million to $10 Million for Blue Collar Businesses

  • Oct 14 2024
  • Length: 10 mins
  • Podcast

How to Scale $1 Million to $10 Million for Blue Collar Businesses

  • Summary

  • Welcome to the Mills Knows Bills Podcast! Host Mills Bender, founder and CEO of Mills Knows Bills, discusses strategies for variable income earners to manage their finances effectively. Let's get to those burning financial questions!

    Join Mills in this solo cast episode of the Mills Knows Bills podcast as she discusses strategies for mastering fluctuating income and scaling your blue collar business. Mills identifies five common financial pitfalls that entrepreneurs face: lack of planning, mixing personal and business finances, avoidance of financial management, inadequate savings, and unbalanced leverage. Learn practical tips to implement a budget, separate finances, stay proactive in financial planning, build savings, and manage debt to ensure a healthier financial future for your business.

    Do you have your own burning financial question for Mills? Contact her here:

    Email: info@MillsKnowsBills.com

    Website: https://MillsKnowsBills.com

    Instagram: https://instagram.com/@millsknowsbills

    LinkedIn: https://www.linkedin.com/company/mills-knows-bills

    Subscribe on YouTube for the latest https://youtube.com/@MillsKnowsBills

    Link to video podcast episode: https://youtu.be/dpI7WLlTED4

    00:00 Introduction to Mills Knows Bills

    00:28 Podcast Overview and Goals

    00:53 Answering Common Financial Questions

    01:35 Five Common Financial Pitfalls

    01:48 Pitfall 1: Lack of Planning

    03:11 Pitfall 2: Mixing Business and Personal Finances

    04:30 Pitfall 3: Avoidance

    06:11 Pitfall 4: Little to No Savings 0

    7:18 Pitfall 5: Unbalanced Leverage

    08:57 Conclusion and Call to Action

    #financialpodcast #millsknowsbills #entrepreneurialfinance #variableincome #businessfinances #financialmistakes #bluecollar

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