Money Mindset Archives - Erin Armstrong
Don’t Fall for False Profit Promises

Don’t Fall for False Profit Promises

Every week, I receive a few unsolicited marketing emails like this one. Maybe you do, too: Dear Erin: Is your brand identity keeping your business from being as profitable as it could be?  Here’s how I can help. From redesigning your logo and sales materials to...

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Why Profits Matter (Hint: It’s Not Just Dollars-and-Cents)

Why Profits Matter (Hint: It’s Not Just Dollars-and-Cents)

Before she became a client, one of my prospects told me she was thinking of shuttering her growing, high-end-service-focused business. On the surface, this didn’t seem to make sense. The firm’s stellar reputation was drawing flocks of new customers from both the U.S....

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Why Business Mindset Alone isn’t Enough

Why Business Mindset Alone isn’t Enough

Business mindset coaching is all the rage these days. You don’t have to look very far to find coaches offering to help you use the law of attraction, or manifesting, or even working on your different chakras to improve your business financial situation. There’s an...

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Before You Grow Your Business

Before You Grow Your Business

As a small or medium-sized business owner, hopefully your business is showing a profit... but perhaps that profit isn’t as high as you’d like it to be. Maybe you had envisioned having more of a financial cushion, paying yourself a higher salary, putting more into...

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4 Thoughts on Attracting Great Staff

4 Thoughts on Attracting Great Staff

To be successful as a small business owner, it’s crucial to find great staff members. Whether your business relies on full-time employees or part-time contractors (or, likely, a mix), you want to make sure you have the best possible people filling those roles. This is...

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Luck or Financial Leadership for Your Business

Luck or Financial Leadership for Your Business

If you’ve looked at any of the research on business success, you’ve probably seen this disturbing statistic: for new US businesses, only about two thirds will still be open after 2 years. And only about half of these businesses will still be around after 5 years. If...

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Business is Booming—But are You Happy?

Business is Booming—But are You Happy?

See if this describes you: You started out as a solopreneur, but you decided to expand your business. You hired staff members, found a new workspace, expanded your marketing, and increased your sales. Now your business is bringing in many times more revenue than it...

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Let’s Talk About Your Business Debt

Let’s Talk About Your Business Debt

Here's what I know... if you’re in business long enough, eventually you may find yourself in a situation where it makes financial sense to take out a loan. Whether it’s opening a credit line to help with delayed accounts receivables, taking out a...

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Paying Yourself As The Business Owner

Paying Yourself As The Business Owner

A version of this article was first guest-published on an amazing former client of mine’s web home: DesignGood. As the final part of my series on creating business financial alignment (you can read Part 1 here and Part 2 here), let’s dive into the ohhh-so-important...

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How To Start Financially Aligning Yourself

How To Start Financially Aligning Yourself

A version of this article was first guest-published on an amazing former client of mine's web-home: DesignGood. In my last post, I talked about the importance of business financial alignment and asked you to consider where you're at. Today, I’d like to address how you...

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