“Debt does not mean you are bad with money, that you don't know how to do business, that you are not worthy. It is not something to be ashamed of. It's not something to feel guilty about. It just is.”

- Shelagh Cummins

Today we’re talking about debt, and the first thing I want to share with you is that it doesn’t need to be a word that brings on feeling of shame or guilt - debt is a tool, and in this episode of The Road To Seven Podcast I’m going to show you how to master it.

I’m going to share with you a few examples of what bad debt is, and what can happen if you take on loans with high interest rates, and no opportunity for return on investment, or ROI. I’m also going to share examples from clients that I’ve worked with, who leveraged good debt in order to grow their businesses.

No matter what, we all take on some form of debt at some point in our business journey, what’s important to remember is that you take on debt strategically, and you find a way to release the shame and guilt around any debt that you currently have, or will have in the future.

In‌ ‌this‌ ‌episode of the Road to Seven podcast,‌ ‌you’ll discover:‌ ‌

• The difference between good and bad debt
• The type  of debt you may take on in order to grow your business
• Strategies to pay down debt and let go of the guilt attached to it

Highlights:‌ ‌

00:01 Intro

01:57 An invitation

04:49 Bad debt

09:18 The state of lending today

10:40 Leveraging good debt

13:09 Micro-lending

13:51 Let go of the story attached to your debt

Links:‌

To work with me and make your next power move, visit:

https://theroadtoseven.com

Stay Connected

Like what you’re hearing? Click here to follow on Apple Podcasts for more episodes to boost your Road to Seven today! I have more episodes with great tips and conversations with women that are revolutionizing the way we do business - don’t miss it!

You can also join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.

I would be really grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review” I’d also love to hear what your favourite part of this episode is in the comments below. Thank you!

Follow me!

Instagram: @shelaghcummins
Twitter: @shelaghcummins
https://facebook.com/ShelaghCummins
https://linkedin.com/in/shelaghcummins 

“Just because you have profit doesn't mean you have great cash flow, and the only way to know if you're in the clear with your cash flow is to be tracking it, seeing it, and following it.”

- Shelagh Cummins

Your cash flow is the lifeblood of your company. It ensures that your business can meet its day to day operations, and it also is a tool for you to expand and scale. However, what so many entrepreneurs believe to be true, is that your revenue is equal to your cash flow, and that does not work when unexpected expenses pop up, or you need to make a major investment in your business in order to scale.

Tune in, because I’ll be taking you through the three biggest misconceptions about cash flow that I see entrepreneurs struggling with all the time. Your revenue is not equal to your cash flow, a profitable business does not mean that you have strong cash flow, and that cash flow problems can only be solved with more sales.

We’ll also discuss your financial practices, and I’ll share my strategies for solid financial practices with you, so that you can confidently tackle any cash flow problems your business may face in the future.

Believe me when I say that on today’s episode of The Road To Seven Podcast you’re going to learn everything you need to know about cash flow, and how to make sure you have more than enough to keep your business running smoothly.

In‌ ‌this‌ ‌episode of the Road to Seven podcast,‌ ‌you’ll discover:‌ ‌

• My Google Sheets spreadsheet to track your cash flow
• How to plan for unexpected expenses in your business
• How to establish and maintain good financial practices

Highlights:‌ ‌

00:01 Intro  

02:00 Understanding the cash flow for your company

03:52 Your revenue is not equal to your cash flow

05:46 A profitable business does not mean you have strong cash flow  

07:02 Misconception: Cash flow problems can only  be solved with more sales  

11:10 Cash flow and emotions  

13:22 Weekly time to review  

Links:‌ ‌

Cash flow tracker: https://cummins.kartra.com/page/cashflow

To work with me and make your next power move, visit:

https://theroadtoseven.com

Stay Connected

Like what you’re hearing? Click here to follow on Apple Podcasts for more episodes to boost your Road to Seven today! I have more episodes with great tips and conversations with women that are revolutionizing the way we do business - don’t miss it! 

You can also join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.

I would be really grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review” I’d also love to hear what your favourite part of this episode is in the comments below. Thank you!

Follow me!

Instagram: @shelaghcummins
Twitter: @shelaghcummins
https://facebook.com/ShelaghCummins
https://linkedin.com/in/shelaghcummins  

“If you're going to talk about women stepping into their purpose, you have to do it for yourself as scary as it may be.”

-Kena Paranjape
If you are facing big challenges in your business, then I’ve got someone who you need to hear from today. My guest Kena Paranjape is the founder of All You Are, an empowerment platform and community for women, who has navigated 20 years of career shifts and challenges, personal loss, and extreme personal transformation.

Kena shares deeply about her journey with self-actualization and self-trust. As a young girl, she noticed very quickly that she felt a lack in her sense of belonging, and now, she’s determined to help other women see that they are worthy of self-love and self-trust.
Kena also shares how her co-founded company BRIKA pivoted from a B2C(Business to Customer) business to B2B (Business to Business) model after enormous success with various pop up stores around the city of Toronto.

So, tune into today’s episode if you’re ready to take on all the challenges life has to give you!

In‌ ‌this‌ ‌episode,‌ ‌you’ll discover:‌ ‌

• The importance of introspection for personal and business growth
• Why a sense of belonging can have a huge impact on your business
• What it means to be on a journey of self-actualization

About Guest:
Kena Paranjape is the founder of All You Are, an empowerment platform and community for women. Kena is also the co-founder of recently acquired BRIKA, an innovative retail concept focused on highlighting and supporting emerging artisans and designers. Kena has 20 years of experience in retail at brands like Indigo, Joe Fresh, and Gap, as well as a high-end eco-friendly boutique concept. She was most recently the VP of Merchandising at Houseplant, Seth Rogen’s cannabis company where she was responsible for bringing to market their award-winning cannabis accessories collection.

Highlights:‌ ‌
00:01 Intro
00:00 Meet Kena
09:30 All You Are
13:05 Intuition and guidance
15:02 How Kena taps into her inner wisdom
17:30 Cultivating a sense of belonging
19:53 Kena’s biggest business challenges
21:13 What it’s like to be acquired
23:40 What she knows now
25:55 What’s next

Links:‌
https://allyouare.ca
https://instagram.com/kena_allyouare
https://www.linkedin.com/in/kenaparanjape/
To work with me and make your next power move, visit:
https://theroadtoseven.com

Stay Connected
Like what you’re hearing? Click here to follow on Apple Podcasts for more episodes to boost your Road to Seven today! I have more episodes with great tips and conversations with women that are revolutionizing the way we do business - don’t miss it!
You can also join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.
I would be really grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review” I’d also love to hear what your favourite part of this episode is in the comments below. Thank you!

Follow me!
Instagram: @shelaghcummins
Twitter: @shelaghcummins
https://facebook.com/ShelaghCummins
https://linkedin.com/in/shelaghcummins