Welcome to episode 206 of Profit Boss® Radio! In this classic episode from the archives, we’re talking about how to stop struggling with chronic debt–no matter how insurmountable it might seem.

So many of us struggle with managing debt. Our homes, lives, and budgets can feel totally out of control. To all the moms out there, I know how easy it is to get caught up in all the things that need to get done every day and not even realize that we’re allowing massive deficits to pile up. Financial security suddenly feels out of reach to the point where you just want to snap your fingers and wish it all away.

This exact scenario played out for today’s guest, Lauren Greutman. Lauren is a consumer savings expert, author, and spokeswoman who works to help busy moms create financial freedom for their families.

She’s been featured on the Today Show, the Rachael Ray Show, Nightline, Good Morning America, Fox & Friends, and WNBC. She’s also the author of The Recovering Spender and Insufficient Funds: One Woman’s Journey Out of Debt and Into Financial Freedom.

If you’re ready to finally get your head above water, put your money problems in the rearview, and stop letting your credit cards control your life, you’re going to love this episode.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Discover how Lauren and her husband, Mark, finally acknowledged the reality of being $40,000 in debt and what steps they took to turn it all around.
• Lauren shares how she and her husband slashed their grocery bill — they went from spending $1,000 a month to just $250 (and she fed her family on $50/week for 2 years!)
• What a comprehensive budget is and why it should change every month.
• Why Lauren’s book, written to a spender, from a spender, is unique in the financial book world.
• Lauren’s top tips to live a happy, fulfilled and debt-free life.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/lauren-greutman-recover-from-being-an-overspender

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When we grow up around wealthy people who aren’t happy, it can be extremely difficult for us to care about money at all until it’s too late. Once that happens, it can put us at a significant disadvantage as we struggle to find fulfillment in our lives later on.

Today’s guest, Kimberly Ann Johnson, learned this the hard way. She’s a bodyworker, somatic experiencing practitioner, yoga teacher, postpartum advocate, and a single mom. She does hands-on work in integrative women’s health and trauma recovery and has written about her experiences in her books, Call of the Wild: How We Heal Trauma, Awaken Our Own Power, and Use It For Good and The Fourth Trimester. On top of all of that, she’s also the host of the Sex Birth Trauma podcast. 

Rejecting money and capitalism altogether may feel like a radical stance early in life, but it rarely gives us the power to live happily on our own terms. And today, we’ll be talking about how to live a financial life that’s courageous, effective, and in alignment with your views and goals.

In this conversation, we talk about how rare it is for adults to change their minds about anything, let alone money, and how Kimberly came to some crucial conclusions on her own. You’ll also hear about my Ignite Investing® program, which you can learn more about at igniteinvesting.com.

If you’re ready to embrace new perspectives, heal from trauma, let go and get closer to becoming your true self, I know you’ll enjoy this episode.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How Kimberly’s business is currently structured to pay her.
• Why money and sex both require women to deal with shame, shadow material, and intergenerational behavioral patterns.
• How trying to resist forces, including capitalism, keeps women stuck and disempowered–and how to embrace spending money without obsessing over material things.
• The incredible things that happen when generational financial dependency ends.
• How to rethink your relationship with money, do good, and help people along the way.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/kimberly-ann-johnson-resolving-childhood-money-resentments

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Welcome to episode 204 of Profit Boss® Radio! It goes without saying that most small business owners don’t love their numbers. To make matters worse, they often struggle to decode exactly what their numbers are telling them. This disconnect can make it hard to know what should be on your calendar next week, next month, and next quarter to drive more profits!

In this classic episode from the Profit Boss® Radio archives, I’m joined by Danielle Hayden. She’s the CEO and Founder of Kickstart Accounting and host of the Entrepreneur Money Stories Podcast. After 10 years working as a CFO, she realized that her passion was to help women entrepreneurs do something unexpected. Now, she’s laser-focused on guiding them to understand their finances to grow their businesses and become more profitable. 

In this conversation, Danielle and I discuss how business owners can make sense of their books to grow smarter, not harder. You’ll learn why entrepreneurs need more than a bookkeeper to create the sustainable wealth they deserve–and how to get the financial analysis and education you need to build a business and live life on your terms. 

If you’re ready to take a deep dive into your finances and make sense of your books once and for all, today’s episode is for you! 

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Secrets to effective money management for service based AND product based businesses.
• The reason why women constantly struggle to pay themselves from their businesses.
• The important connection between understanding your financial numbers and achieving profitable growth.
• How to evaluate financial underperformance and determine if it’s time to reevaluate a business model.
• Why you should not be emotionally attached to an unsuccessful business and how doing so can be financially devastating.
• The PGAs (formerly known as KPIs) I use to understand where to focus my energy and make sure my online service business is growing.
• What business owners should be paying themselves, and how payouts should work.
• Why you should have custom tools to measure the financial health of your business.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/danielle-hayden-secrets-to-understanding-your-books

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Welcome to episode 203 of Profit Boss® Radio! In this episode, we're talking about how to use a powerful and proven methodology to drive profits. And I'm thrilled to have Mike Michalowicz joining me today to share his insights on how to transform your business into a money-making machine.

Mike is a bestselling author, a serial entrepreneur, and the creator of the Profit First system, which teaches business owners why profit should always come before expenses. And in September 2021, he released Get Different, providing entrepreneurs with the tools to stand out in any market.

The Profit First system is used by hundreds of thousands of companies across the globe, including my own. With so many entrepreneurs struggling to pay themselves, Profit First provides a scalable, sustainable way to build a life and a company–and embracing this methodology can change your life. As a Profit First certified coach, I'm proud to say that we teach Profit First as a part of our coaching program.

If you're ready to equip yourself with the tools to transform how you build your business and generate more profit, you're going to love this conversation.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How losing everything he had as he failed to launch 10 companies simultaneously inspired the Profit First system.
• Why you don’t need to be able to read a cash flow or income statement to utilize Profit First.
• The difference between leveraged debt and ignorant debt.
• Why almost every business owner spends at the exact same rate as they earn–and how to reduce your operating expenses without compromising your business.
• How you can use the Profit First system to quickly get a sense of what your accounts should look like and how to roll it out.
• How you can use the DAD (Differentiate-Attractive-Direct) framework to differentiate yourself and stand out in any market.
• What happened to Mike when his first book, The Toilet Paper Entrepreneur, flopped–and the unconventional strategy he used to take it from zero to 100,000 copies sold.

Sign Up For Hilary’s Masterclass

Make 2022 Your Most Profitable Year Yet by joining Hilary as she hosts a FREE online Masterclass each day from February 22nd to February 25th at 11AM PT/2PM ET.

Save your seat today by visiting Make 2022 Your Most Profitable Year Yet.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/mike-michalowicz-profit-first

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Welcome to episode 202 of Profit Boss® Radio! Today, I'm sharing another timeless episode from the Profit Boss® Radio archives with one of my most popular and commented-on episodes ever. I had the privilege of speaking with world-renowned economist and author Dan Ariely. Dan is a Professor of Psychology and Behavioral Economics at Duke University. He's a three-time New York Times bestselling author, the co-creator of the Center for Advanced Hindsight, a two-time TEDx speaker, and the creator of a documentary called (Dis)Honesty - The Truth About Lies.

Among the many great insights that Dan shared in this episode, you'll learn about the psychology behind why good people with good intentions–and how women in particular–make the same financial mistakes over and over again.

We'll also discuss the surprising reasons why money problems might not be your fault, how social norms and new technology encourage us to spend more and think less, and what you can do to build more wealth and make better financial decisions. Are you ready, Profit Boss®?

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• What stops people from thinking rationally about money and what they can do to maximize GOOD decisions.
• Dan’s theories about what makes women financially challenged.
• Social norms for women that may impact their lack of involvement in the stock market.
• The role behavior modification can play in powerfully addressing the looming retirement crisis.
• How something as arbitrary as our Social Security number convinces us to pay a premium for something, whether it’s a book or a share of a stock.
• The things in the world designed to make it hard to think about money, including mortgages, interest rates, savings, and pleasure.
• Why no one is immune to making irrational financial decisions.
• Why investing and wealth-building isn’t normalized for women.
• Why so many professional athletes go broke within four years while failing to improve their quality of life–and what this can tell us about our own spending.
• The key questions to ask yourself as you make big (and small) financial
• Why Dan’s newest book, Payoff: The Hidden Logic That Shapes our Motivations is a valuable resource for parents, employers and everyone looking to motivate themselves or other people.

Sign Up For Hilary’s Masterclass

Make 2022 Your Most Profitable Year Yet by joining Hilary as she hosts a FREE online Masterclass each day from February 22nd to February 25th at 11AM PT/2PM ET.

Save your seat today by visiting Make 2022 Your Most Profitable Year Yet.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/dan-ariely-money-mistakes-motivation

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In this conversation, you'll learn how Cathy opened doors for herself when things got tough, transformed her life and profession to get paid doing what she loved, and how the hard lessons taught her to truly empower herself and others.

If you're ready to make a change, share your gifts, turn your passion into money and live life on your terms, today's episode is for you! 

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Cathy’s financial transformation from starving musician to successful music maven!
• How to get paid doing what you love.
• Choosing to see new opportunities, just like Cathy did when she needed a new way to make money songwriting.
• The scrappy move that set Cathy apart from the rest.
• The creative ways Cathy expanded into other revenue streams using her music talent.
• Learn all about managing employees and setting boundaries.
• Advice to fight back against self-doubt.
• How Cathy overcame her money resistance and self-sabotage.
• How kindness, authentic relationships, and self-worth play a role in achieving success.

Sign Up For Hilary’s Masterclass

Make 2022 Your Most Profitable Year Yet by joining Hilary as she hosts a FREE online Masterclass each day from February 22nd to February 25th at 11AM PT/2PM ET. 

Save your seat today by visiting Make 2022 Your Most Profitable Year Yet.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/cathy-heller-hard-business-lessons-lead-to-success

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Welcome to episode 200 of Profit Boss® Radio! What an amazing journey it has been! I definitely want to thank all of the Profit Boss® listeners for your support and engagement over the years. I sincerely hope that this podcast has added value to your life and business.

In today’s episode, we’re talking about how to create and master predictable profits.

If you want to achieve predictable profits, you need to heal your relationship with money, master your profits in business, and then capture those profits in the form of personal income and allow them to grow in evidence-based ways. These steps cannot be skipped, yet countless experts and coaches will only teach a few of the skills, mindsets, and habits required to acquire and preserve the wealth you need and want.

This is why I’ve created a powerful new framework and an incredible new Masterclass to help you shorten your financial learning curve. The Masterclass will be February 22nd to the 25th, so be sure to add it to your calendars.

When you sign up for 2022: Your Most Profitable Year Yet, you’ll get live answers to your most pressing financial questions and start moving in the right direction to maximize your profits and minimize your overwhelm.

If you’re ready to kickstart your journey to financial independence, be sure to tune in and sign up for my new Masterclass to learn more!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How the Magic Profits Pyramid helps business owners make money work in a consistent way.
• Why you don’t need a six-figure MBA to run a small business.
• Why I’ve stopped using the term KPIs and instead refer to them as PGAs, and why they’re important.
• The one skill set that’s glaringly missing among all business owners who don’t achieve their goals.
• Why so many entrepreneurs struggle to turn their great ideas into powerful actions.
• The four practices to keep yourself accountable for greater profits and success.
• How to sign up for my new Masterclass in February.
  

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/produce-predictable-profits

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Welcome to episode 199 of Profit Boss® Radio! In this episode, we’re talking about how to use your message to grow your business.

If you have a powerful message or story and know how to share it, you have the potential to exponentially increase the value of your offerings. However, many entrepreneurs are so focused on perfecting their products and services or raising capital that they lose focus on the other things that matter–and they leave large sums of money on the table as a consequence.

This is why I’m so excited to share this interview with Aurora Winter. Aurora is a media coach, television producer, serial entrepreneur, and author of the award-winning book, Turn Words Into Wealth: Blueprint for Your Business, Brand, and Book. She uses her background in filmmaking and neuroscience to help her clients become published authors, build audiences, and launch books as thought leaders in their fields.

Simply writing a book isn’t always enough. Many aspiring authors work tirelessly to sell only a few thousand copies, leaving them with a closet full of unsold books and printing costs to deal with.

In this episode, you’ll hear Aurora’s advice on how to write the book that changes your life and how to give it the best chance to make an impact in the world. If you want to create multiple streams of income while finally getting your message out, especially if you’ve been thinking about writing a book, I highly recommend that you check out this episode.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why Aurora believes that meaning is the new money, and what motivated her to become a writer.
• Why a good story can reach (and potentially help) tens of millions of people.
• The key elements that every book needs to have in order to help grow a business.
• The major mistakes that almost every first-time author makes.
• Why Aurora wants you to send her a DM on LinkedIn and why she’s so passionate to help others.
• What it really means to be a thought leader.
• Aurora’s favorite methods for monetizing books.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/aurora-winter-turn-words-into-wealth

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Welcome to episode 198 of Profit Boss® Radio! Almost everybody makes mistakes with money at some point in their lives. If you’ve been listening to this show, you probably know that I’ve made almost every money mistake imaginable.

This is another timeless episode from the Profit Boss® Radio archives where I break down the five financial mistakes a woman should never make. We’re talking about what financial freedom means–and what to do if you’re not on the path to achieve it.

Some of you might be wondering why I’m sharing this episode again. It’s because I want to help you replace your money story with an empowering vision that propels you towards your ideal life. A small segment of the world’s population has the resources to support their current lifestyle, which means that the rest of us have to work our butts to earn high incomes and achieve financial freedom.

If you’re ready to take an honest look at your financial habits, get out of a cycle of stress and frustration, and set yourself on the path to achieving the goals you’ve always dreamed of, today’s episode is for you.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• The five financial mistakes a woman should avoid when pursuing financial freedom.
• Effective solutions for these five common financial mistakes.
• How to break through negative beliefs that hold you back from achieving your wealth-making potential.
• How to create your ideal financial vision and plan the steps to achieve it.
• Why you should consider sound, supportive financial advice and the role it plays in empowering you to reach your financial goals.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/5-financial-mistakes

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Welcome to episode 197 of Profit Boss® Radio! In this episode, we’re talking about financial therapy: what it is, how it works, and if you should try it.

Couples and families find themselves in conflict over money all the time. They struggle to communicate effectively when it comes to money, working toward common goals, and sharing values to ensure long-term financial success and a fulfilling life.

Today’s guest, Thomas Faupl, LMFT, is here to help address these challenges. Thomas is a private practice therapist specializing in trauma and financial therapy for individuals, couples, and families. While he was in grad school, he worked as a certified consumer credit counselor for Consumer Credit Counseling of San Francisco, and he’s counseled hundreds of people to help solve issues around personal finance.

If you’ve ever found yourself arguing about money with your spouse, parents, kids, or extended family, you’re definitely not alone. In this episode, Thomas shares the most common issues people have with money, how to overcome them, why financial therapy is an emerging field in psychology, and why it might be right for you.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why it’s so hard for a traditional therapist to solve issues around money.
• The main issues that Thomas sees in his personal practice–and why the opposites that attract in relationships can create stressful money situations.
• The questions Thomas asks clients to help identify potential issues and boundaries without being forceful or manipulative.
• Why so many people have traumas around money–and the tools you can use to unpack, process, and work through them.
• How gender conditioning around money can impact how couples handle their money–and how both financial advisors and therapists see relationships.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/thomas-faupl-financial-therapy

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Welcome to episode 196 of Profit Boss® Radio! Today, I'm sharing a timeless episode from the Profit Boss® archives with financial guru Farnoosh Torabi. In my humble opinion, there's no one better to help us with our mindset and understanding of how we talk about money.

Farnoosh is the host of one of my favorite podcasts, So Money, and the author of When She Makes More: 10 Rules for Breadwinning Women and You're So Money: Live Rich, Even When You're Not. You may have seen her work in publications such as the Oprah Magazine, the New York Times, the Wall Street Journal, Fortune, and Forbes, to name just a few.

If there's anyone that embodies the "work smarter, not harder" mindset, it's Farnoosh. Her insights on what it takes to make more money, avoid burnout while doing it, and the importance of having a side hustle has been incredibly beneficial for me in my career, and I know her expertise will add value for you too.

So, if you're ready to earn more, live life on your terms, and negotiate your value while putting yourself in a better position for success, I know you'll absolutely love this episode.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Farnoosh’s inherited Money Operating System, “You have to work hard for money” and how it has impacted her life.
• How Farnoosh works smarter, not harder and ways she avoids burnout.
• The core tenets of making more money–and the shift in belief that transformed Farnoosh’s mindset and earning power.
• Why starting a side hustle on a firm foundation is key to producing something very profitable.
• What Farnoosh learned by producing a show every single day–and what she did to hit over 100,000 downloads within two months.
• Tips on how to negotiate compensation contracts with major television networks.
• Why so much of the world of finance is so male-oriented–and what a future of financial products for women that aren’t dumbed-down could look like.
• What happens when a billionaire on her television show finally lets her guard down.
• What Farnoosh has learned from interviewing top performers, CEOs, and executives in a wide variety of fields.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/farnoosh-torabi-money-talk

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Welcome to episode 195 of Profit Boss® Radio! In this episode, we’re talking about burnout and more importantly, is burnout making you broke?

Stress and burnout are two topics that are very close to my heart. We live in a society that won’t stop messing with our heads and bodies. Many people struggle with glass ceilings in our personal health and our professional success, as well as anxiety–and all of these things interfere with our wealth and our ability to perform.

This is why I’m so excited to talk to Deanna Rose. Deanna is a peak performance strategist and the founder of Wellth. She’s a certified strength and conditioning specialist and a doctor of naturopathic medicine, and she’s been helping high-performance entrepreneurs become stress-free for years.

In this episode, you’ll hear her definition of burnout, the telltale signs to lookout for, and the secrets to significantly lower your anxiety to avoid experiencing the symptoms of burnout that can negatively impact your wealth.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why it’s so easy to leverage your health above everything else–and how this all but inevitably leads to burnout.
• What exactly burnout is, why it’s such a slippery slope, and how easily it becomes chronic.
• How to reduce your anxiety without the help of wine or marijuana.
• Ways to create a more holistic living and working environment that allows you to spend more time in your flow state.
• How to set yourself up to win in your personal life and in business.
• What Deanna’s coaching looks like for her clients–and what she’ll be offering in her upcoming group program.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/deanna-rose-is-burnout-making-you-broke

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Welcome to episode 194 of Profit Boss® Radio! In this episode, we’re talking about how students can get free money. That’s right, free money! Whether you have a 6 month old child or even if you’re in your 80s, if you’re making plans for a college education, you deserve to do it debt-free.

Here to discuss this topic is Rhea Watson. Rhea’s the President and Founder of Scholarship Solutions, a premier scholarship and college consulting firm. Rhea has personally earned over $300,000 in scholarships and has helped her students win over $200 million to attend their dream schools. Her work has been featured on the Today Show, in Forbes, and in Black Enterprise, to name just a few publications.

Let’s face it, everyone wants to give their child the best chance to be successful, and it all starts with a great education. It doesn’t matter where you’re from, or how much money your family has, there are ways to make those dreams a reality.

If you’re worrying about paying for school–your kids’ or even your own–you’ll definitely want to listen to what Rhea has to say. It’s never too early to start making a plan to get a great degree without being forced to swim out of a giant pool of student debt.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why students of almost any education level, ethnic background, or economic situation can qualify for scholarships–and how Rhea pushes kids to become A students.
• How students of any age (including babies!) can find all sorts of scholarships.
• How Rhea helped an 88-year-old volunteer Santa Claus get scholarship money to finish his college degree.
• Rhea’s advice for families trying for full-ride scholarships to expensive four-year schools.
• How a powerful scholarship strategy can help students start building wealth before they even graduate school.
• What current high school seniors who have barely started to hunt for scholarships should do right now to offset the costs of school.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/rhea-watson-maximizing-scholarship-dollars

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Welcome to episode 193 of Profit Boss® Radio! In this episode, we’re talking all about the end of year financial routines used by the wealthy.  

Just like there are life hacks and morning routines that lead to great success, there are certain annual financial routines successful entrepreneurs use loyally - but keep close to the vest.

After years of working with business owners every day, I’ve curated an annual financial routines checklist that I myself strictly abide by at the turn of every year, and today I’m sharing it with you. 

Coordinating your business and personal finances is hard. Implementing time-tested and leveraged routines can make a massive difference! 

There are certain things that you absolutely have to have done by December 31. Follow our checklist and not only wrap up 2021 powerfully, get yourself synched to your goals and launch yourself into 2022 with momentum!

For the full financial checklist, please visit: https://hilaryhendershott.com/end-of-year-financial-routines

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/end-of-year-financial-routines

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Welcome to episode 192 of Profit Boss® Radio! Today, we’re talking about 7-figure mindsets–what it means to have a solid perspective on not just launching a business or making money, but all things entrepreneurial. 

If you’re an entrepreneur, life can feel like an uphill battle, especially as you struggle to carve out your niche, find your place, and build/scale your first seven-figure business. Some may find themselves feeling unfulfilled, struggling to stay motivated, and even feeling consumed by self-loathing when the going gets tough. But that’s not what every entrepreneur experiences, and it’s not what you should, either. 

To help us manage these thoughts and challenges, I’m joined by Ron Reich. Ron helps emerging experts build seven-figure businesses, and he’s also my launch coach. He’s a wealth of information, and he’s worked with some incredible names, including Hay House Publishing, Todd Herman, Selena Soo, Denise Duffield-Thomas, and Ryan Levesque–to name just a few.

If you’re ready to stop struggling and finally understand how real entrepreneurs achieve breakthroughs and hit their goals, then this conversation is for you!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Believe in yourself because if you don’t, nobody else will.
• How the mindset of an A Player is that they do what is necessary, they understand necessity and they never deviate from that.
• When a 7-figure entrepreneur decides they’re going to create something, they are focused and they remain focused until they achieve the goal.
• Asking for help or reaching out to those who are in a position to help you is not a weakness.
• The value of giving that extra 3% and going the extra mile, even with something as simple as making phone calls yourself to promote an event.
• The power of the “Antifragile” mindset and understanding that what doesn’t kill you only makes you stronger.
• How an A Player is ruthless, relentless and focused on controlling the things that are within their control.
• The difference between leading indicators vs lagging indicators.
• The value in setting aggressive, yet achievable goals. Take action, and stay on the path.
• Why the most successful high achievers are fantastic at implementing.
• Don’t procrastinate and wait until you’re in alignment. The sooner you make that phone call, the sooner you’ll get the results you’re looking for.
• Energy is power so stay focused on maximizing your energy, which will make you a far more productive person.
• Most people typically have 4-5 productive hours each day so getting the proper amount of sleep, eating healthy with daily exercise will help you get the most out of those hours.
• Never be afraid to get outside of your comfort zone. Challenge yourself because this is how you grow!

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/ron-reich-7-figure-mindset

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Welcome to episode 191 of Profit Boss® Radio! In this episode, we’re talking about how to teach your kids about the value of money and entrepreneurship. 

Schools rarely teach financial responsibility, encourage entrepreneurship, or equip kids with the skills they need to understand our money systems. It’s why so many of us learned these lessons the hard way–and it’s why it’s so important to make sure our own children get a better financial education than we did.

With that in mind, I’m thrilled to be talking to Rob Phelan. Rob’s a high school math and personal finance teacher by day, but by night, he’s the author of M is for Money, a book of financial lessons for kids, as well as the founder of Simple Startup, where he provides online coaching for 10-18 year old entrepreneurs. 

In today’s episode, we’re talking about how to teach your kids about money and finance in ways that they’ll care about. We’ll also hear about some incredible companies founded by amazing kids, and help find ways to make sure that children have a better understanding about the value of money that you wish you had when you were young.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• The hard financial lessons that helped Rob learn about money in his 20s.
• Why kids don’t need good math skills anymore to have great money skills.
• The value of teaching kids financial independence over financial literacy.
• The importance of leaving a legacy for our children, and the value in teaching our children at an early age.
• The wonderful success story from a young girl who took Rob’s course and is still demonstrating a tremendous amount of entrepreneurial spirit.
• Why you don’t need to be all knowing–and how to encourage your kids to develop their own healthy relationship with money.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/rob-phelan-teaching-kids-about-money-entrepreneurship

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Welcome to episode 190 of Profit Boss® Radio! Today, I’m digging into the Profit Boss® Radio archives and sharing one of my favorite interviews with the iconic Ali Brown—a true pioneer in the online business world.

If you’re not familiar with Ali’s story, she left her full-time career with less than $20 in her bank account and created a successful 7-figure enterprise. Now, she is one of the most recognized entrepreneur coaches in the world.

Ali has built a coaching and consulting enterprise that ranked in the Inc. 500 list of the fastest growing companies in the U.S. She’s the Founder and CEO of the women’s business empowerment company, We Lead. She’s also the Founder and CEO of The Trust, a premier global network of entrepreneurs generating 7 and 8-figure revenue. Ali is the host of the massively successful Glambition® Radio show and has been named Forbes’ Women to Watch and was featured on the ABC primetime hit, Secret Millionaire.

In this interview, Ali shares her wisdom and a ton of great advice to help entrepreneurial women with the most common money problems and challenges they will face, the money mindsets that lead to meaningful net-worth growth, and her realizations about self-worth and how that translates to how she pays herself. Enjoy!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Ali shares her secrets that led to her 7-figure income spike and how she made sure to keep the numbers high.
• Mindset secrets to being the full-time breadwinner in her family.
• Ali shares her realizations about her self-worth and how that translates to how much she pays herself.
• How she approaches marketing to promote her brand.
• Ali’s “sharp right turn” approach to staying ahead of the curve.
• And much more!

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/ali-brown-making-your-money-a-priority

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Welcome to episode 189 of Profit Boss® Radio! In this episode, we’re talking about saving for college and career training–and how to use 529 plans to make this daunting task more manageable.

There are a lot of reasons you might want to use a 529 plan. These plans allow Americans to save for higher education on a tax-advantaged basis. This means that as they grow in value, that growth isn’t taxed. So long as the money is withdrawn to pay for higher education in some form, you don’t owe tax on the value of the account either. This means more money for college, technical school, or a paid apprenticeship, as well as an added benefit that many people can take off their state tax obligations in a number of places.

Joining us to talk about 529 plans are Patricia Roberts and Hendershott Wealth Management’s very own, Jen Rupp. In the first half of this episode, you’ll meet Patricia, who’s the author of Route 529: A Parent’s Guide to Saving for College and Career Training with 529 Plans. You’ll then hear from Jen Rupp, who’s the head cash flow coach in my coaching program, as well as an expert on 529 plans herself.

If you’re ready to learn about some great ways to take the pain out of saving for college, this episode is jam-packed with information that will help you prepare to take the first steps.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why you can create a 529 plan in any state–and which states offer the greatest benefits for residents.
• How you can legally use funds in 529 accounts for expenses far beyond tuition, including apartment rent, certificates, and even computer equipment.
• Why you should still consider opening a 529 for your kids, even if you have no idea if they’re going to go to college (or they hit the jackpot and receive a full ride scholarship).
  How your employer can help you prepare for the costs of higher education.
• What it means to superfund a 529–and how to legally put as much as $150,000 in a single year into these accounts.
• The rules of the road for investing when it comes to 529s.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/patricia-roberts-529s-ultimate-education-savings-account

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Welcome to episode 188 of Profit Boss® Radio! In this episode, we’re talking about how to manifest anything you want! If you’re listening to this, you have the power to live a bold, successful life–and one with real work/life balance, too! However, to make it happen, you don’t just need pure will. You also need systems and boundaries to live mindfully and manage your time.

Few people understand this better than today’s guest, Heather Vickery. Heather has been an entrepreneur for 20 years, a single mom of four girls who left a decade-long marriage to come out both personally and professionally, and the author of F*CK FEARLESS, The Gratitude Journal: Shift Your Focus, and Grow Grateful: A Gratitude Journal for Kids and Families. She’s also the host and executive producer of The Brave Files, one of my favorite podcasts.

So, Profit Boss®, are you ready to learn how to manifest anything you want and keep it on your terms? If so, this episode is for you! 

PS: If Heather’s coaching sounds like a good fit for you, you can get started right now by going to VickeryandCo.com/Guide to get your free copy of the Brave Method Quick Guide–a free five-page reflective guide to help you design the life and business you deserve.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• What manifesting is and how it really works.
• How Heather opens doors that most people simply don’t know how to.
• How to get comfortable asking to be fairly compensated for your work.
• How Heather thinks about money in her personal life–and why she’s at peace with the fact that the money she needs will ultimately appear.
• What happened when Heather divorced from her husband of ten years to rebuild life on her terms–and how manifestation plays a major role in her life now.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/heather-vickery/brave-thinking-manifest-anything-you-want

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Welcome to episode 187 of Profit Boss® Radio! In this episode, we’re talking about cryptocurrency–but also something even bigger than that. There are some people who have made millions in crypto, but there are plenty who have lost everything, and many more who are still on the fence.

You might already know that I’ve gone on the record saying that it’s okay to say yes or no to crypto. It’s not about whether crypto assets are good or bad, but whether you–as an investor–understand their characteristics and how crypto can work in your financial life.

That’s why I wanted to break it down and share my thoughts on the pros and cons of crypto. With so many investment opinions and strategies available today, I think it’s even more important to make sure that you’re making informed financial decisions that are right for you.

So, if you’ve been hearing a lot about crypto and Bitcoin lately and thinking about taking the plunge, I want to help you develop a better understanding of how the choices you make can help (or hurt) your chances of achieving your financial goals. And if I can provide value by saving countless hours of your time, and large amounts of your hard-earned money, then that’s a win-win in my book and I’ll take those wins every time.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• The benefits of having strict systems in any part of your life–including an investment philosophy.
• How FOMO informs the behavior of so many investors.
• The two basic investment philosophies of active and passive investing–and why one almost always outperforms the other over a long period of time.
• Why passive investors, in general, do not need to consider crypto assets.
• What makes crypto so much more like a game of chance than investing in an index fund.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/crypto-principles-based-conversation

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Welcome to episode 186 of Profit Boss® Radio! Today, we’re talking about how to break the chains of generational scarcity and become unapologetic leaders who don’t just demand what they’re worth–they get it! 

If you’re looking to make a business breakthrough, there’s more to it than simply being great at what you do. You’ve got to position yourself as the value and set yourself up for success as not just a leader, but an iconic leader–and this is why I’m so excited to talk to my guest, Merel Kriegsman.

Merel is the CEO and founder of Merel Kriegsman Media. She’s a high-ticket sales coach whose insights have been featured on CBS News, ABC News, and in publications like Forbes and Fast Company. She’s also a mother of three. 

If you’re ready to learn how to stop saying sorry and embark on a journey to authentically grow your business on your terms, today’s episode is for you!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How Merel’s struggle for success as a musician changed her perception of money.
• What Merel did to go from making nothing to over six figures a month within a matter of weeks.
• Merel’s non-negotiable practices that helped her create offers for high-ticket clients–and how she scaled and replicated her success.
• How Merel and her husband are now able to pay themselves approximately $30,000 a month from their business while still having plenty of runway to reinvest as needed.
• How to focus in and double down on the unrepeatable, uncopyable things that make you uniquely yourself–and absolutely of value.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/merel-kriegsman-position-yourself-as-the-value

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Welcome to episode 185 of Profit Boss® Radio! In this episode, I’m sharing one of my favorite interviews with an incredibly smart and successful woman, and such a beautiful soul, the iconic Nicole Walters. 

Nicole’s story is amazing and her views and philosophies on money mindsets resonated with me from the very beginning. At one time, she was a top-selling executive for Fortune 500 companies and managing multi-billion dollar business relationships, but the corporate grind left her feeling unfulfilled. So she went out on her own to share what she learned in the corporate world and now teaches others how to monetize their lives with her Monetize Thy Self mindset.

Her energy and attitude is contagious, and the knowledge and experience that she brings to the show is top notch. She is living proof that you can do what you love without sacrificing financial freedom.

In today’s episode, you’ll learn how to move past your limiting beliefs, improve your relationship with wealth, change your mindset to achieve your personal and financial goals, and why everyone’s time is worth getting paid for.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How Nicole’s life changed course when she became a foster mother.
• How Nicole was able to move past her money fears and limiting beliefs from her past.
• Why you need a better understanding of margins in your business.
• What Nicole focuses on in her business that leads to generating wealth.
• How to build true profitability in your business.
• How Nicole realized that you can do what you are passionate about in life without sacrificing your financial freedom.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/nicole-walters-brand-yourself-make-money

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Welcome to episode 184 of Profit Boss® Radio! If there’s one thing that hasn’t changed over the years, it’s how so many couples struggle with their finances, which is why I’m sharing this gem from the Profit Boss® Radio archives with you today.  

If you’re not familiar with the Couples and Money mini-series that I hosted way back when, it covers all the highlights in one convenient place. I’ll take you through my best financial planning advice about how couples can get on the right path.

In today’s world, with all our temptations for spending money, it’s almost too easy to get off track. Once that happens, there’s only one way to get back on track, and it all starts with taking that first step.

This episode has three vital parts: high-level strategic advice, my 13 Steps for Financial Planning for Couples, and finally, the money mistakes you need to avoid. If you’re ready to achieve financial harmony with your significant other, just hit play and let’s get started.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Guiding principles to follow to empower you in achieving financial success with your partner.
• The importance of scheduling Money Dates or Money Meetings so that both partners are in the know.
• A helpful overview of what you should be prioritizing with your partner about finances.
• A practical step-by-step guide for financial planning for couples including what you need to know before you seek advice and how to find the financial planner that will help you to achieve your goals.
• The top money mistakes couples make and how to avoid them.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/couples-and-money-planning-for-wealth

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“Women in the U.S. earn $0.82 and own just $0.32 for every $1 earned and owned by a man, and the disparities are even wider for women of color.” - Stefanie O’Connell

Welcome to episode 183 of Profit Boss® Radio! In this episode, we’re talking about the link between gender equity and financial power. As women, our achievements are very different from our grandmothers’—or even our mothers’. However, we’re far more likely to celebrate the women in our lives for getting engaged or having babies than when they do something incredible in their professional life. 

Where did this disconnect come from, and why is it so pervasive in our society? To help me answer this question, I’m speaking with Stefanie O’Connell. Stefanie’s a friend, writer, and financial expert on four big topics: women, money, power, and ambition. She hosts Real Simple Magazine’s Money Confidential Podcast and is the founder of Statement Cards, where she produces greeting cards celebrating milestones that aren’t just marriage and motherhood.

In today’s conversation, we talk about why women are hesitant to negotiate (HINT: it’s not for a lack of confidence), what Stefanie calls the “ambition penalty”, and what needs to be done to close the gender wealth gap.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why we’re all socialized to ask the same questions and celebrate the same milestones—and how this often leaves women uncredited for the books we write, the businesses we launch, and our other achievements.
• Why there’s nothing wrong with celebrating marriages and children—but celebrating only marriages and children limits and reduces us as people.
• What the ambition penalty is and how it reaffirms traditional patriarchal workplace structures—even for business owners and entrepreneurs.
• Why ambition isn’t always perceived as an asset, especially with women.
• How the fear of rejection is not the goal, but is a natural part of the process of being ambitious.
• How a community can offer us constructive criticism, honest feedback, and help us conquer our fear of rejection.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/stefanie-o’connell-gender-wealth-gap

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Welcome to episode 182 of Profit Boss® Radio! In this episode, I’m thrilled to share an amazing episode from the Profit Boss® Radio archives with you today.

In this replay, I’m speaking with career and executive coach Nina Cashman about how to alter our money mindsets. I’m sure that you’ll agree that this topic is absolutely still relevant to helping you achieve your financial goals, including some timeless lessons about money. If this is your first time hearing this episode, you’re in for a treat.

Nina is a trained and certified coach and the founder of Pave Your Way, where she helps people in career growth and development. She trains leaders, leads team building sessions, and even works on individual branding. She is an expert at helping others reprogram their mind and change their beliefs when it comes to money.

In this episode, you’ll learn where our limiting beliefs come from, and how to take action and make the shift to overcome them. Nina also breaks down the seven levels of Energy Leadership and how they can help transform your energy and mindset towards money.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How Nina’s father’s money beliefs shaped her life.
• Understanding the origin of our limiting beliefs and how they block our financial freedom.
• Awareness techniques that help illuminate money blindspots we have.
• How “shifts” can provide transformative results.
• Nina’s game-changing wake-up call.
• The seven levels of the Energy Leadership Index Assessment.
• The importance of taking action in life to create change.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/nina-cashman/reprogram-your-money-mind

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