#44: Cash VS Cashflow and Why Business Owners Get It Wrong – Yinka Ewuola
Yinka Ewuola, a multi-award-winning business owner, coach, speaker, and business and asset strategist, talks about the topics of money, mindset, finances, cash, and cashflow.
She shares her journey and how she became a business strategist helping women create wealth in their businesses and why she's decided to focus on women in particular.
Yinka says that we need to understand the relationship between hard work and finances and how cash flow is essential for business success, and she emphasizes the need to focus on what brings in cash and prioritize cash flow activities.
She emphasizes that content creation, networking, and other activities build a business but don't necessarily generate cash. Yinka also highlights the common limiting beliefs and struggles around money that women face due to societal conditioning. She shares her own journey of continuous improvement and the importance of radical honesty.
Takeaways:
- Hard work and finances do not always correlate; cash flow is essential for business success.
- Understanding what cash means in your business and focusing on cash flow activities are crucial.
- Recognize the value of your offerings and prioritize activities that bring in cash.
- Content creation, networking, and other activities build a business but don't necessarily generate cash.
- Continuous improvement and radical honesty are essential for personal and financial growth.
Here's where you can connect with Yinka:
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- Let's connect on LinkedIn:
https://www.linkedin.com/in/anjalordanic/
- You can donate and support this podcast here:
https://www.buymeacoffee.com/freelancebusinessunlocked
Thank you and see you next week!
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