Friday Mar 24, 2023

Befriending Your Financials Can Decrease Burnout and Overwhelm

“Every single woman needs to understand their numbers in their business,” shares Danielle Hayden, CEO and founder of Kickstart Accounting. Today, Danielle discusses why she shifted away from her corporate finance career to become an entrepreneur and how changing your money mindset by befriending your financials can decrease burnout.

One day while Danielle was sitting in a board meeting, she realized that she could be using her expertise to benefit entrepreneurs, particularly women entrepreneurs. This catalyst led her to open Kickstart Accounting where she now employs 25 women in a male dominated industry who work primarily in helping other women entrepreneurs. She explains that understanding your numbers is crucial for success, and it is also best to be able to access that information in a non-judgemental space. People tend to shy away from talking about money and may have inherited a money mindset story from their parents, teachers, or peers. But by really analyzing and understanding the numbers, you can reform your money mindset so that handling your business finances does not send you spiraling into burnout.

Numbers do not have to be overwhelming. It is okay to talk about money and even spend money, but so many people are ashamed or just not confident enough to make monetary decisions. These feelings often stem from the money stories you grew up with and may not actually apply to your current life situation. When you get more knowledgeable about your finances, then you can approach money from a different perspective and feel more secure investing in your business.

Quotes

• “Every single woman needs to understand their numbers in their business, how to read a profit loss statement, how to read a balance sheet, how to create a budget, and have that information in a space that's non-judgmental, that is safe.” (5:02-5:19 | Danielle)

• “There are actually so many people who need to let go of their money because they're holding on for dear life.” (14:35-14:41 | Danielle)

• “It's a really brave thing to become a business owner and we don't have to make everything so hard.” (29:14-29:21 | Danielle)

• “We're allowed as business owners to disrupt the industry, and we can break the mold and recreate it.” (32:25-35:30 | Danielle)

Links

Connect with Danielle Hayden:

Website: https://kickstartaccountinginc.com/

Kickstart Socials:

Facebook: https://www.facebook.com/kickstartaccountinginc/

Instagram: https://www.instagram.com/kickstartaccounting/

LinkedIn: https://www.linkedin.com/company/kickstart-accounting-inc-/

Twitter: https://twitter.com/KickstartAcct

Danielle Socials: