As a woman entrepreneur, one of your key actions is keeping cash flowing in to fuel your business and your lifestyle. Unfortunately, the thinking most women entrepreneurs slip into is that there is only onetype of cash flow, which can create feelings of scarcity, limitation or lack.
The truth is, there are many types of cash flows and all are simple to implement, which is good news because you’re going to want all of them working for you in your business.
And what’s cool is that each different type of cash flow solves one of these specific problems:
- “How do I make money right now?”
- “How do I keep money flowing in and smooth out my cash flow?”
- “How do I transform my mindset about making more money?”
The good news is, once you understand the different types of cash flow you can get creative with how to bring each into your business, so you’re getting the best of ALL worlds.
For example, let’s say you’re in the early stages of your business, or you’re in a place where you need to generate a surge of cash. This is not the time to launch a membership site or anything else that is time consuming, has a long marketing period or involves a lot of work.
Instead, you’ll want to consider offering some of my favorite quick cash flow boosters such as VIP Days or private high-end clients.
Another example is if you’re at the stage in your business where you have money coming in but you’re experiencing the roller-coaster syndrome of up-and-down money months.
This is the time when all you need to do is make a few tweaks to your business offers so that you’re creating money flowing in automatically each month. (For more details on how I recommend doing this, be sure to get my free video series, Simply Abundant).
Or let’s say you’re looking to add more leverage to your business, where you’re in essence, “cloning yourself” so that you can grow quickly and exponentially with less effort on your part.
Along with implementing the specific cash flow strategies that make sense at this stage, you’ll want to start by making an important shift in your mindset so that you’re getting out of the “I have to work hard to make money” trap so many women fall victim to.
Regardless of Where You Are In Your Business Growth, Cash Is Always Queen!
By expanding your thinking to include ALL of the different types of cash flows you dramatically increase your opportunities to fuel the growth of your business, smooth out those nerve-wracking money highs and lows, and sleep better at night. Which all adds up to YOU being the leader of your business, in a Divinely rich and feminine way!