Breaking the Cycle: Strategies for Achieving Financial Balance in the Equestrian Industry
In this episode, George interviews Julie, a seasoned expert in business, leadership, and money mindset. Julie shares her journey from being a management accountant to a leadership consultant and property investor, emphasising the importance of understanding money and its impact on personal and professional life. The conversation delves into the concept of "lifestyle versus empire," highlighting the significance of creating a balanced life that aligns with individual values. Julie introduces listeners to her free questionnaire on wealth and balance, encouraging self-assessment in areas of money, relationships, and health. The episode also explores the connection between energy and leadership through Julie's experiences with horses, illustrating how our mindset influences our interactions and outcomes. As they discuss money mindset, Julie provides practical advice on assessing financial habits, valuing money, and the importance of setting clear goals to achieve financial freedom. This episode is a must-listen for anyone looking to enhance their understanding of money and create a fulfilling life.
KEY TAKEAWAYS
Understanding Money Mindset: Everyone has a money mindset shaped by their upbringing and experiences. This mindset influences beliefs about money, self-worth, and financial decisions, which can either empower or limit one's financial success.
Lifestyle vs. Empire: Choosing a lifestyle business allows for personal freedom and flexibility, focusing on doing what one loves rather than building a large empire with numerous employees. This choice emphasizes quality of life over sheer business scale.
Assessing Life Balance: It's crucial to regularly evaluate the balance between money, relationships, and health. Tools like the free questionnaire from Wealth Beyond Money can help individuals identify areas needing attention and improvement.
Value of Money: Recognizing the importance of valuing money is essential for financial growth. If money is not prioritized in one's values, it can lead to poor financial decisions and a lack of long-term security.
Actionable Steps for Change: To improve financial situations, individuals should analyze their spending habits, assess their business expenditures, and consider ways to add value rather than compete on price. Creating a financial buffer, such as saving six months of operating costs, can provide the freedom to make necessary changes without immediate financial pressure.
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Assess Your Balance TODAY
https://juliehogbin.com/wealth-beyond-money/
Julie's Website
https://juliehogbin.com
About the Host
George Betson is a seasoned business entrepreneur with over a decade of experience, driven by a passion for both strategic business growth and the equine world. Starting his journey as a business graduate, George worked alongside his late father to run the family business, learning firsthand the value of hard work, resilience, and the essentials of building a successful enterprise.
Over the years, George has launched and managed multiple ventures, gaining deep insights into business strategy, scaling operations, and achieving sustainable growth. Mentored by industry experts, he’s developed a well-rounded approach to entrepreneurship that he now shares with others.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/