How Money Blocks Can Stunt Your Business Growth with Alex Davis [Ep 14]
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In this episode, I chat with Alex Davis, a certified public accountant and financial planner, about money blocks and their impact on business growth. We discuss the importance of money and systems in business, the challenges faced by single parents in entrepreneurship, and the influence of money blocks on decision-making. Alex shares tips for overcoming money blocks, including self-reflection and tracking financial data. We also emphasize the need for support in financial management and understanding personal money stories.
More about Alex Davis
Alex is a Certified Public Accountant, Certified Financial Planner professional, and Licensed Life, Health, & Annuity Agent. She is the Founder and CEO of AGA Tax and Consulting Services LLC, a boutique tax and financial coaching firm dedicated to help entrepreneurs build wealth through strategic tax planning and changing their relationship with money.
Takeaways
- Money blocks are beliefs and thoughts that hold you back from achieving your financial goals.
- Self-reflection and understanding your money story can help identify and overcome money blocks.
- Tracking and analyzing financial data is crucial for making strategic decisions in your business.
- Getting support from professionals, such as bookkeepers, can help manage and optimize your finances. Addressing money blocks and exploring the relationship with money is crucial for financial well-being.
- Getting real with your numbers and determining your freedom number can help alleviate financial stress.
- Overcoming scarcity mindset and money worship is essential for enjoying life and being present.
- Strategic tax planning, including maximizing deductions and choosing the right entity for your business, can help minimize tax payments.
- Implementing systems and organization in financial management can streamline processes and reduce stress.
Connect with Sam Whisnant:
- Website: https://www.systemswithsam.com/services
- Instagram: https://www.instagram.com/systemswithsam/
Connect with Alex Davis:
- Website: http://www.agataxservices.com
- Instagram: Https://www.instagram.com/alexandriachanel_cpa
Resources from this episode:
- Find Your Freedom number to operate from a place of confidence and not fear. https://alexcdavis.myflodesk.com/freedom-number-workbook
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