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How to Decide Where to Invest Money in Your Business with Molly Asplin

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Today we’re chatting about how to pick where to put your money in your business, and I’ve got three tips to help you make smart financial decisions. I’ve been at this for over ten years, and I can tell you that making choices with your head and aiming for the long game are key to finding the right resources that’ll help your business thrive. 

Talking Points:

00:02 Make Informed Decisions 

When looking at investing in a business, it’s important to make informed financial decisions. You want to dive deep into the numbers, understand the market, and really get a sense of the potential growth and risks involved.

02:10 Choose the Right Coach  

If you’re thinking about getting a one-on-one coach, you need to look at the coach’s background. Do they have the experience that aligns with your goals? Are their values in sync with yours? And does their lifestyle reflect the success you’re aiming for?

06:32 Narrow Down Your Needs 

It’s important to know whether you need a subject matter expert or just administrative support. A subject matter expert can provide specialized knowledge in your field, while administrative help can take care of the day-to-day tasks. Understanding what you need can save you time and money.

13:04 Find a Balance 

Balancing mindset coaching with actual business strategy is key. You need to be in the right headspace to take action, but without a solid strategy, you won’t see the return on investment you’re hoping for. You should take consistent action and have a long-term vision.

Thank you for listening to this episode! Please take a screenshot and share your biggest takeaway on your Instagram stories and tag me @molly.asplin so that I can shout you out! Until next time, 

Molly Asplin

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Molly Asplin

Molly Asplin

I founded Team Hustle With Heart, which is a powerhouse of dynamic women who are driven and committed. We value relationships, community, and believe in collaboration over competition. We are here to bring good to the world, make a difference, and dream bigger together.

I am married to my husband, Steve, and we have 3 littles. We love being outside, staying active together, and traveling as much as we can! I look forward to getting to know you better and want to thank you for being here – I am so grateful to do what I do everyday!

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