Following on from last week’s post, introducing Episode 1 of Bouncing Back , this week we focus on Money!
Episode 2 tackles one of the biggest stressors for small business owners; money. It highlights that money-related issues are one of the most significant learning curves required for a small business owner when setting up the business. Whether it is getting paid on time, being responsible for employees’ income, or making risky financial decisions, this episode deals with the fact that mistakes sometimes happen and that they are not a reflection of you as a person.
This episode talks through some of the struggles and stressors small business owners face when managing finances, how these can impact your mental health, and that it’s OK to make mistakes as long as you address them early and put practices into place that mitigate risk.
Listen to Australian small business owners and experts including:
- Sarah Walkerden, founder of The Rural Copywriter (Previously named ‘Web Copy Diva’) – and past owner of One Stop Horse Shop
- John Di Natale, business coach and wealth creation adviser, and Director of Equi Wealth
- Dominic Crawley, founder and CEO of BASECON
- Ellen Jackson, workplace psychologist
- Alan Rodway, business coach.
“I think when somebody starts a business, it’s easy to get caught up in the excitement around the product or the service you want to provide, without doing the due diligence on all of the business factors that come into play.” – John Di Natale
I hope you’ve enjoyed listening to Episode 2 of this podcast series on Bouncing Back.
Below are links to further resources for small business people helping you to look after yourself and your business.
My Business Health
https://www.asbfeo.gov.au/my-business-health/home
My Business Health
https://www.asbfeo.gov.au/my-business-health/home
Ahead for Business
https://aheadforbusiness.org.au/
Beyond Blue
Beyond Blue Support small business owners to improve their mental health and wellbeing at work guide
https://das.bluestaronline.com.au/api/prism/document?token=BL/1908
Five Minute Mental Health Check Up (Ahead for Business)
https://aheadforbusiness.org.au/mental-health-screen
It’s such a pleasure to host this wonderful series on Bouncing Back and speak with all these amazing Australian Small business people.
Remember
- Setbacks and challenges are an inevitable part of running a small business.
- There is no one-size-fits-all approach and mistakes happen.
- Failing is a normal part of life and often teaches us the most important business lessons.
- ‘It’s not failure holding us back – it’s our view of failure’.
- It is important to reach out for support when you are struggling.
- It is normal to need to ask for help from time to time.
Thank you to Sound Cartel and the Australian Government Department of Industry, Science, Energy and Resources
