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Imperfect Action Gives You Traction

budgeting entrepreneurship financial clarity money management Aug 29, 2024
image with words 'time for action' spelled out under steps with arrows. logo with name 'Financially Adjusted'

Many entrepreneurs are held back from taking action in business, especially when it comes to managing the finances in your business. Many times, this is due to perfectionism. As entrepreneurs, we often feel like if we can't do something perfectly, we shouldn't do it at all. But when it comes to your business money, this mindset can keep you stuck, stressed, and in the dark.

Perfectionism has held me back in various aspects of life, from physical fitness to my business endeavors. The all-or-nothing mentality often leads to nothing, especially when I can’t meet my ideal standards. When it comes to business finances, this can be especially harmful. Many entrepreneurs avoid taking any action because they feel unqualified or scared of making mistakes with their numbers.

But here's the truth: imperfect action is better than no action at all. Whether you’re just starting out or have been in business for years, it's crucial to start taking small steps towards understanding and managing your finances.

Practical Steps to Take Imperfect Action:

  1. Create a Money Plan: Start with a budget. It doesn’t have to be perfect; it just needs to exist. Adjust as you go.
  2. Educate Yourself: Listen to podcasts, read articles, or watch tutorials on financial management. The more you learn, the less intimidating it becomes. I have many podcasts that can help you so be sure to tune in!
  3. Set Up Accountability: Find a partner, a friend, or a professional to keep you on track. You don’t have to do this alone.

Remember, progress over perfection. You don’t need to be a financial expert to manage your business money. You just need to show up and take that first step. The action will bring clarity. Your business and your future self will thank you.

If you're ready to take control of your finances, start by downloading my free financial resources. And don't forget to subscribe to my podcast for more tips and strategies to help you succeed in your business!

Disclaimer: This content is for educational and informational purposes only. Please consult with an accounting professional for direct advice based on your specific business situation.