36: How to Get a Mortgage When You’re Self-Employed

37: Making Tough Decisions in Business to Focus on Profit

In this bittersweet episode, Kristen and Sydney discuss the tough yet necessary decisions we've made in business to refocus and grow. Sydney shares her decision to close Maverick, her co-working space, as well as put a pause on the Know Your Worth Podcast.  Tune in to hear:  * An easy way to think about decision making in your business that will help you grow every time * Why Sydney is closing a business and making several changes * How to navigate feeling like something failed when it’s no longer working for you 📈 UNDERSTANDING YOUR PROFIT AND LOSS GUIDE Get the Profit and Loss Guide [https://know-your-worth.captivate.fm/pandl] ❓TAX PLANNING QUESTIONS TO ASK YOUR ACCOUNTANT Get the Tax Planning Questions Guide [https://know-your-worth.captivate.fm/tax-questions] 🛍 75+ TAX WRITE OFFS Get the Tax Write Offs [https://know-your-worth.captivate.fm/tax-writeoffs] ✅ BOOKKEEPING CHECKLIST Get the Book Keeping Checklist [https://know-your-worth.captivate.fm/bookkeeping-list] 💵 BOOKKEEPING AND FINANCIAL ANALYSIS SERVICES FOR BUSINESS OWNERS Apply for Bookkeeping or Financial Analysis Services [https://know-your-worth.captivate.fm/bookkeeping] 👋 CONNECT WITH SYDNEY & KRISTEN  Website: https://knowyourworthpgh.com/ [https://knowyourworthpgh.com/] Instagram: https://www.instagram.com/knowyourworth_pgh/ [https://www.instagram.com/knowyourworth_pgh/]  YouTube: https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/ [https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/]

36: How to Get a Mortgage When You’re Self-Employed

Let’s be honest — figuring out how to get a mortgage when you’re self-employed is a bit more complicated than if you had a W-2 job.  Lenders want to see that you have a steady income, but without a consistent paycheck, that becomes more difficult (even for super-high earners!)  Sydney just bought a new home and in this episode, she’s breaking down the entire process and exactly how home buying for self-employed professions is different and what  you should consider if you have owning a home on your vision board within the next 1-3 years.  02:00 — The importance of proper bookkeeping and documentation  05:30 — How lenders view self-employed income differently  11:00 — Tips for improving your debt-to-income ratio 13:30 — Navigating the pre-approval process as a business owner  17:00 — Common pitfalls and hidden fees to watch out for 📈 UNDERSTANDING YOUR PROFIT AND LOSS GUIDE Get the Profit and Loss Guide [https://know-your-worth.captivate.fm/pandl] ❓TAX PLANNING QUESTIONS TO ASK YOUR ACCOUNTANT Get the Tax Planning Questions Guide [https://know-your-worth.captivate.fm/tax-questions] 🛍 75+ TAX WRITE OFFS Get the Tax Write Offs [https://know-your-worth.captivate.fm/tax-writeoffs] ✅ BOOKKEEPING CHECKLIST Get the Book Keeping Checklist [https://know-your-worth.captivate.fm/bookkeeping-list] 💵 BOOKKEEPING AND FINANCIAL ANALYSIS SERVICES FOR BUSINESS OWNERS Apply for Bookkeeping or Financial Analysis Services [https://know-your-worth.captivate.fm/bookkeeping] 👋 CONNECT WITH SYDNEY & KRISTEN  Website: https://knowyourworthpgh.com/ [https://knowyourworthpgh.com/] Instagram: https://www.instagram.com/knowyourworth_pgh/ [https://www.instagram.com/knowyourworth_pgh/]  YouTube: https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/ [https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/]

35: Healing the Scarcity Mindset with Money Management with Annie Davis

How do you break through a scarcity mindset with money when that’s been ingrained in you since childhood?  Even if you had your basic needs met, if you didn’t grow up around abundance, it’s going to be so much more difficult for you to even believe that’s possible to create. In this episode, we sit down with Annie Davis, a former classroom teacher who made the transition to becoming an insurance agency owner and work-from-home mom.  Annie shares her personal journey of navigating the ups and downs of money management, from the scarcity mindset she grew up with to moving towards an abundance mindset as an entrepreneur.  Tune in to hear:  10:33 — Strategies for overcoming a scarcity mindset and embracing an abundance mindset 16:28 — Tips for outsourcing and delegating tasks to free up time and scale your business 14:09 — Insights on the importance of separating personal and business finances 17:14 — Advice on hiring the right team members to support your growth CONNECT WITH ANNIE DAVIS Annie is a former classroom teacher for 10 years. Now she does social selling for a direct sales company ongoing and is also insurance agency owner and work from home mom! 📈 UNDERSTANDING YOUR PROFIT AND LOSS GUIDE Get the Profit and Loss Guide [https://know-your-worth.captivate.fm/pandl] ❓TAX PLANNING QUESTIONS TO ASK YOUR ACCOUNTANT Get the Tax Planning Questions Guide [https://know-your-worth.captivate.fm/tax-questions] 🛍 75+ TAX WRITE OFFS Get the Tax Write Offs [https://know-your-worth.captivate.fm/tax-writeoffs] ✅ BOOKKEEPING CHECKLIST Get the Book Keeping Checklist [https://know-your-worth.captivate.fm/bookkeeping-list] 💵 BOOKKEEPING AND FINANCIAL ANALYSIS SERVICES FOR BUSINESS OWNERS Apply for Bookkeeping or Financial Analysis Services [https://know-your-worth.captivate.fm/bookkeeping] 👋 CONNECT WITH SYDNEY & KRISTEN  Website: https://knowyourworthpgh.com/ [https://knowyourworthpgh.com/] Instagram: https://www.instagram.com/knowyourworth_pgh/ [https://www.instagram.com/knowyourworth_pgh/]  YouTube: https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/ [https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/]

34: Is Doing it All Yourself Costing You Money (& Can You Afford to Outsource) with Glam to Go

What comes first — growing your business and then hiring or hiring so you can grow your business?  For Raquel and Anika, the sisters behind Glam to Go, a successful mobile hair and makeup business, they realized they needed to outsource and delegate if they wanted to grow.  They discuss their biggest financial mistake was trying to do everything themselves, from bookkeeping to scheduling clients. They share how this was costing them money and how they learned to delegate tasks and hire the right people so they could focus on their strengths and grow their business beyond what they thought possible. Tune in to hear:  * How to identify when it's time to outsource tasks in your business * Tips for hiring the right people who align with your company values * The importance of networking and building relationships in your industry * Strategies for balancing family dynamics when working with a sibling * How to stay passionate about your business even during challenging times 👋 CONNECT WITH GLAM TO GO  Raquel and Annika are sisters and co-owners of Glam to Go, a mobile hair and makeup company and GTGS, a full service hair salon located in Wexford PA.  Instagram: @_glamtogo_ [https://www.instagram.com/_glamtogo_/?hl=en] and @glamtogostudio [https://www.instagram.com/glamtogostudio/?hl=en] 📈 UNDERSTANDING YOUR PROFIT AND LOSS GUIDE Get the Profit and Loss Guide [https://know-your-worth.captivate.fm/pandl] ❓TAX PLANNING QUESTIONS TO ASK YOUR ACCOUNTANT Get the Tax Planning Questions Guide [https://know-your-worth.captivate.fm/tax-questions] 🛍 75+ TAX WRITE OFFS Get the Tax Write Offs [https://know-your-worth.captivate.fm/tax-writeoffs] ✅ BOOKKEEPING CHECKLIST Get the Book Keeping Checklist [https://know-your-worth.captivate.fm/bookkeeping-list] 💵 BOOKKEEPING AND FINANCIAL ANALYSIS SERVICES FOR BUSINESS OWNERS Apply for Bookkeeping or Financial Analysis Services [https://know-your-worth.captivate.fm/bookkeeping] 👋 CONNECT WITH SYDNEY & KRISTEN  Website: https://knowyourworthpgh.com/ [https://knowyourworthpgh.com/] Instagram: https://www.instagram.com/knowyourworth_pgh/ [https://www.instagram.com/knowyourworth_pgh/]  YouTube: https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/ [https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/]

33: How to Avoid Investing in an Offer That Doesn’t Deliver Hannah from Waterloo Street

Have you ever invested in an offer that sounded amazing, only to realize it wasn't what you expected?  In this episode of the Know Your Worth Podcast, Hannah Samlall, co-founder of Waterloo Street, shares the worst investment she made, and what she learned from it to avoid making that mistake again.  Sydney, Kristen, and Hannah chat through the type of research you should do before investing in a coach or service provider, the most important thing to validate before you sign up, and how you can use the power of delay to buy smarter.  Plus, Hannah shares her experience growing a business with repeat customers and the money mindset that’s supported her as a business owner.  14:07 — The surprising way you can relate researching clothing purchases and business investments  25:31 — How Hannah has created a “ladder” that creates repeat clients   26:20 — Hannah's "sexy money goal" and the mindset shift that comes with leveling up your lifestyle  28:55 — Hannah’s favorite money mindset belief  CONNECT WITH HANNAH Hannah Samlall, co-founder of Waterloo Street in Pittsburgh, is a digital marketer turned website designer with a passion for supporting women-owned businesses through the Biz Collective. With expertise in public speaking, social media, and copywriting, Hannah excels in creating visually stunning and functional websites. Outside of work, she enjoys exploring local breweries, watching Gilmore Girls with her cats, and sharing her foodie adventures on Instagram. A Virginia Tech alum, she thrives on connecting with others and is always eager to meet new people and share her diverse interests. https://www.linkedin.com/in/hannahsamlall/ [https://www.linkedin.com/in/hannahsamlall/] https://www.instagram.com/hannahsamlall/ [https://www.instagram.com/hannahsamlall/] 📈 UNDERSTANDING YOUR PROFIT AND LOSS GUIDE Get the Profit and Loss Guide [https://know-your-worth.captivate.fm/pandl] ❓TAX PLANNING QUESTIONS TO ASK YOUR ACCOUNTANT Get the Tax Planning Questions Guide [https://know-your-worth.captivate.fm/tax-questions] 🛍 75+ TAX WRITE OFFS Get the Tax Write Offs [https://know-your-worth.captivate.fm/tax-writeoffs] ✅ BOOKKEEPING CHECKLIST Get the Book Keeping Checklist [https://know-your-worth.captivate.fm/bookkeeping-list] 💵 BOOKKEEPING AND FINANCIAL ANALYSIS SERVICES FOR BUSINESS OWNERS Apply for Bookkeeping or Financial Analysis Services [https://know-your-worth.captivate.fm/bookkeeping] 👋 CONNECT WITH SYDNEY & KRISTEN  Website: https://knowyourworthpgh.com/ [https://knowyourworthpgh.com/] Instagram: https://www.instagram.com/knowyourworth_pgh/ [https://www.instagram.com/knowyourworth_pgh/]  YouTube: https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/ [https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/]