Let’s Make More Millionaire Women
12/05/22 • 17 min
“Making a lot of money doesn’t make you a bad person... it simply means that you have goals and ambition.”
— Melissa Houston
Society tends to side-eye the idea of women building wealth. Although women are starting businesses in record numbers — and generating billions of dollars in revenue — men continue to dominate when it comes to achieving millionaire status, making up two-thirds of the seven-figure-plus club. Ambitious women entrepreneurs often worry that they’ll be seen as greedy or money-grubbing if they prioritize profits, and this can lead to undervaluing their offers or letting juicy contracts pass them by.
Repeat after me: it is okay to want to make money. It is okay to want to make LOTS of money!
Far from being selfish, millionaire women are actually far more likely to re-invest in their communities and businesses, boosting the local economy and driving major impact for those around them.
In this episode, I bust the myth that women are only in business to build community, not make money, and share why women business owners are in a unique position to achieve millionaire status!
In this episode, you’ll discover:
- Why we need to normalize women’s wealth-building — and kick the fear of being seen as “greedy”
- 5 reasons why the world NEEDS more female millionaires (and how your business can help you hit that goal)
- The effect of gender diversity on a company’s profitability
Highlights:
00:50 Intro & puppy update
02:47 Normalize women making money
04:48 Achieving millionaire status
07:46 Economic impact
08:36 Why we need female millionaires
11:51 Diversifying the pool
13:33 Role models & mentors
15:12 Right thing to do
Links:
5-Step Roadmap
https://melissahoustoncpa.lpages.co/5-step-biz-finance-roadmap
Transparency International
Link to calendar (free 30 min consult call)
Main website 🡪 https://shemeansprofit.com
Offers 🡪 https://shemeansprofit.com/offers
Cash Confident Course 🡪 https://melissahoustoncpa.lpages.co/cash-confident-sales-page
What’s Your Profit Personality? (quiz) 🡪 https://www.tryinteract.com/share/quiz/62ddb2293d71af001892a3a9
Follow me on:
LinkedIn @melissahoustoncpa
Work with me:
Follow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
“Making a lot of money doesn’t make you a bad person... it simply means that you have goals and ambition.”
— Melissa Houston
Society tends to side-eye the idea of women building wealth. Although women are starting businesses in record numbers — and generating billions of dollars in revenue — men continue to dominate when it comes to achieving millionaire status, making up two-thirds of the seven-figure-plus club. Ambitious women entrepreneurs often worry that they’ll be seen as greedy or money-grubbing if they prioritize profits, and this can lead to undervaluing their offers or letting juicy contracts pass them by.
Repeat after me: it is okay to want to make money. It is okay to want to make LOTS of money!
Far from being selfish, millionaire women are actually far more likely to re-invest in their communities and businesses, boosting the local economy and driving major impact for those around them.
In this episode, I bust the myth that women are only in business to build community, not make money, and share why women business owners are in a unique position to achieve millionaire status!
In this episode, you’ll discover:
- Why we need to normalize women’s wealth-building — and kick the fear of being seen as “greedy”
- 5 reasons why the world NEEDS more female millionaires (and how your business can help you hit that goal)
- The effect of gender diversity on a company’s profitability
Highlights:
00:50 Intro & puppy update
02:47 Normalize women making money
04:48 Achieving millionaire status
07:46 Economic impact
08:36 Why we need female millionaires
11:51 Diversifying the pool
13:33 Role models & mentors
15:12 Right thing to do
Links:
5-Step Roadmap
https://melissahoustoncpa.lpages.co/5-step-biz-finance-roadmap
Transparency International
Link to calendar (free 30 min consult call)
Main website 🡪 https://shemeansprofit.com
Offers 🡪 https://shemeansprofit.com/offers
Cash Confident Course 🡪 https://melissahoustoncpa.lpages.co/cash-confident-sales-page
What’s Your Profit Personality? (quiz) 🡪 https://www.tryinteract.com/share/quiz/62ddb2293d71af001892a3a9
Follow me on:
LinkedIn @melissahoustoncpa
Work with me:
Follow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Previous Episode
Are You Stuck In Lifestyle Creep?
“By closely examining your spending habits, you can ensure that you’re living within your means — and staying on track with your financial goals!”
— Melissa Houston
What’s the most subtle, quiet, and insidious threat to your personal wealth? Lifestyle creep.
Lifestyle creep (also known as creeping consumption) refers to a gradual increase in your standard of living. It doesn’t have to be as drastic as moving to a larger house or condo! Lifestyle creep can include going on shopping sprees, eating out more frequently, indulging in more expensive brands, travelling more often, and more. These “small” regular expenses add up over time, and can sabotage your long-term financial goals.
People often fall into lifestyle creep after receiving a promotion, scaling up their business, or receiving an inheritance, but just as often it is fuelled by credit. As our income and credit limits grow, it can feel easy to justify these additional expenses — but if you’re spending your money (or, worse, creating more debt) on things that aren’t investments, you’re not building your wealth.
There’s nothing wrong with enjoying the fruits of your labour, as long as you’re smart and mindful about it!
In this episode, you’ll discover:
- The financial and psychological effects of lifestyle creep — and how it can become a self-fuelling cycle
- Proven strategies that will help to reduce your risk of lifestyle creep
- My personal lifestyle creep story — and what I learned from it
Highlights:
00:50 Intro
01:40 Welcome Daisy!
02:47 Effects of lifestyle creep & my story
04:52 Revenue & expenses
06:35 Reinvesting v. eroding your savings
08:01 Credit card fees & spoiled retirement plans
10:07 Strategies for avoiding lifestyle creep
11:10 Monitor your spending habits
12:03 Save money automatically
12:43 Create a realistic budget
13:18 Mindfulness & money mindset
15:45 Cash reserves & downturns
Links:
5-STEP PROFIT ROADMAP-https://melissahoustoncpa.lpages.co/5-step-biz-finance-roadmap/
She Means Profit - How to Get the Mindset of a Millionaire
She Means Profit - Misconceptions, Manifestation & Money Mindset
She Means Profit - Why Money Mindset Really Matters For Profit And Life Goals
Link to calendar (free 30 min consult call)
Main website 🡪 https://shemeansprofit.com
Offers 🡪 https://shemeansprofit.com/offers
Cash Confident Course 🡪 https://melissahoustoncpa.lpages.co/cash-confident-sales-page
What’s Your Profit Personality? (quiz) 🡪 https://www.tryinteract.com/share/quiz/62ddb2293d71af001892a3a9
Follow me on:
Work with me:
Follow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
Next Episode
Does Your Business Need a Money Makeover?
“Your business finances are the backbone of your business.”
— Melissa Houston
Quick question: when was the last time that you evaluated your business’s financial practices? If the answer is “I can’t remember” or “never,” then this episode is for you.
Every business should periodically review its financial practices in order to ensure that it’s operating as efficiently as possible. If your business isn’t humming along like a (profitable) well-oiled machine, it may just need a money makeover!
A money makeover can help you save money, make more profit, and feel more financially confident in your business through blocking money leaks, optimizing your pricing, creating the right revenue targets, budgeting effectively, and better managing your cash flow.
Remember: 82% of businesses fail due to financial mismanagement — I want you to beat those odds, so let’s make sure that your financial practices are serving you and your business goals!
In this episode, you’ll discover:
- 8 expert tips that will help you give your business a full money makeover
- A powerful tool to help you manage your credit card debt repayments with more ease
- How to pre-order my upcoming book, Cash Confident: An Entrepreneur's Guide to Creating a Profitable Business!
Highlights:
00:50 Intro & Cash Confident pre-orders
05:22 Time for a money makeover?
07:46 Credit card debt
09:59 Feedback, focus & goal-setting
10:40 Cut back on expenses
12:15 Set goals & hire a financial planner or coach
14:07 Make a budget
15:00 Invest in yourself & cut down spending
16:25 Start a retirement plan
17:22 Get organized
Links:
Cash Confident: An Entrepreneur's Guide to Creating a Profitable Business
https://melissahoustoncpa.com/cash-confident-book
The Debt Repayment Calculator
https://melissa-houston.thinkific.com/courses/the-debt-repayment-calculator
5-Step Roadmap
https://melissahoustoncpa.lpages.co/5-step-biz-finance-roadmap
Link to calendar (free 30 min consult call)
Main website 🡪 https://shemeansprofit.com
Offers 🡪 https://shemeansprofit.com/offers
Cash Confident Course 🡪 https://melissahoustoncpa.lpages.co/cash-confident-sales-page
What’s Your Profit Personality? (quiz) 🡪 https://www.tryinteract.com/share/quiz/62ddb2293d71af001892a3a9
Follow me on:
LinkedIn @melissahoustoncpa
Work with me:
Follow me on:
IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa
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