Sometimes, as a business owner, you reach a point where your current business model just isn't sustainable. You’re making money, but the margins are razor-thin, and you know you need to pivot to stay relevant. You might be making enough to get by, but you're not planning for the future. You're comfortable, and that's when you need to plan for what's next. A lot of businesses are living paycheck to paycheck and don't have the luxury of stockpiled cash for big moves. So how do you find the financial boldness to make a change that may cost you revenue in the short term?
We had a similar conversation about this very struggle. "What is financial boldness?" It's a question that gets to the heart of how you make decisions and take strategic risks. It’s not recklessness, but a calculated move designed to help you get more in the future. If you're wondering how to take that first step, you're not alone.
Get our complete answer to this and some other questions at CAMPFIRE | 011.
Watch the full episode at https://youtu.be/U_DoX4fOhgw
and read more in THE ASCENT | 011.
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