Top 5 Money Hang Ups Business Owners Have w/ Joanna Black

What’s In This Episode:

Jill and Brad conclude their series on money and wonder aloud why talking about money is so weird. Jill remembers that she was offended the first time someone asked her what her money-making model was. She takes a much more private and personal approach to the topic because it's one that is a source of pride as well as a vulnerability for many. Brad thinks that if you just talked about pricing outright, things wouldn't be so uncomfortable.

Social entrepreneur Joanna Black calls into the show and talks about the impetus for starting her co-working space, SheWorks Collective. The times they are a'changing for Joanna's business model, due to the fact that the collaborative/co-working environment that kicked off her business two years ago is a bit outdated. She's trying to attract new members but finds that it might be difficult given her industry. Jill and Brad suggest focusing on community as well as possible work themes which might bring connection.

"Collaboration doesn't happen because you have a conference room or because you have a meeting. It happens in between meetings." - Brad

Jill and Brad then discuss the top 5 money hang ups business owners have:

• Everything is too expensive. Instead, focus on what's valuable to the business.
• Insecurity about the future, leading to either spend too little or too much.
• "Everyone has more money than me!!!" This allows you to shirk responsibility about what your priorities should be.
• "I don't want to pay any taxes." Think of taxes as a privilege. You made money this year!
• Oh, and then there's that nit-picky thing about running a successful business...

Want to know what it is? Listen in!»

Guest:

• Joanna Black is the founder of SheWorks Collective, a collaborative co-working space for female entrepreneurs. For more than 20 years, Joanna has been a leader in social responsibility, sustainability, wellness and women’s empowerment. She has consulted for some of the world’s largest companies on corporate responsibility and purpose; co-founded Hip-E Living, one of the country's first eco-lifestyle retailers; re-ignited environmental activation as managing director of Earth Day New York. Find her on Facebook.