How Relying on Your Business Income Early Can Affect Business Growth

The Small Business School Podcast

Hey Small Business School! Starting a business while relying on it for income can be incredibly challenging and might even hold you back. In this episode, I dive into the pressure that comes with needing immediate cash flow and why a slower, more intentional start might be the key to long-term success for your small business.
Let’s get started!
Topics Covered:

• The “burn it all down” mentality: Why quitting your job cold turkey isn’t always the best choice and how to assess if it’s right for you.
• Understanding your financial runway to avoid running out of resources too soon, from budgeting to planning for the unexpected.
• Time investment vs. quick wins, why it’s crucial to focus on sustainable growth rather than chasing short-term “hacks” for fast cash.
• Building visibility over time: how consistent networking and creating visibility can ease the pressure to earn immediately.
• Balancing stability and ambition: tips on leveraging a job or savings as a financial buffer while growing your business.

It’s not always better to dive in head first. How can you be putting a safety net in place?
Tune in for a real talk about setting yourself up for sustainable business growth without the stress of immediate income needs.
DM me on Instagram if you have questions!

Staci's Links:
Instagram. Website.
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Head over to my website https://www.stacimillard.com/ to grab your FREE copy of my Profit Playbook and receive 30 innovative ways you can add more profit to your business AND the first step towards implementing these ideas in your business!