Demystifying the gap between ideas and execution.

🧹 Housekeeping 🧹

📲 Download the app: 1) click ‘read online, 2) click the menu bar, 3) select ‘add app to home screen,’ 4) get notified when there’s a new edition.

📍 Never lost: Every edition can be found online at gapdemystified.com

MIND THE GAP

You are a whiz at what you do, but it feels like learning another language when it comes time to get into the numbers.

Finance and money are another language. I studied Finance in college and interned at one of the world’s largest investment banks. After graduation, I worked in financial services for years, including as an analyst and a registered representative at a boutique investment firm. As a registered representative, I was licensed by the Federal government and the state of Illinois to do my job.

The mistake I see people make the most is setting the topic aside and hoping it will magically work itself out.Spoiler alert: It won’t.

CLOSE THE GAP

Managing money as a solopreneur or side hustler involves keeping more of your earnings, avoiding financial pitfalls, and achieving sustainable growth.

The best ways to achieve financial success in your business are to demonstrate value for your customers (i.e., get paid what you’re worth), get paid for the work you do in a timely fashion, manage your finances, and keep more of what you earn.

By the end of this edition, friend, you will better understand how to structure your business, pricing options for your products/services, get paid for your work, and keep more of what you earn.

This is for educational purposes - always consult a professional for your circumstances.

⏱️Reading time: 11 minutes

• Separate personal and business finances

• Manage the budget and cash flow to stay on top of funds

• Stop undervaluing yourself, get paid what you’re worth

• Avoid the IRS and other surprises

• Get paid on time

• Manage your debt and business credit

• Plan for sustainable growth

• Creators to follow online

• Helpful resources

• TL;DR

• Before you go

💌 Share this content by forwarding this email or posting the URL to this edition in your communities.