415 words to get to “the point”?
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Hello, there!
I’ve been feeling very “both/and” this week.
On the one hand: Over the weekend I had a big mindset shift around how I show up in my business. Totally awesome stuff. I’m already feeling more confident and motivated.
On the other hand: I’m still sad about losing my dog and am finding it hard to take pleasure and joy in the things I normally take pleasure and joy in. (And maaaaybe drinking a bit more cheap red wine than I probably should. #thistooshallpass)
On the one hand, I’m itching to start helping business owners who are interested truly understand their cash flow and feel on top of their finances.
On the other hand, I’m having a hard time finding a good angle to approach it from. (It feels too big, where’s a good entry point (so to speak), and ohmigoodness, this is hard, maybe I should just go take a nap.)
I’m normally a HUGE fan of the both/and. Being able to hold space for multiple truths at once is one of the biggest, most important things I’ve learned how to do in the past 10 years. (And by “huge fan” I mean, “It’s still really uncomfortable and I forking hate it a lot of the time AND ALSO I wouldn’t go back even if I could. (See what I did there?))
And by now you’re probably thinking “hmm… that’s all very well and good, Stephanie, and maybe even (very) slightly interesting, but, umm… is there a point you’ll be getting to?”
To which I’ll say: I’m VERY tempted to make this into a very smooth and (ostensibly) well-thought-out parallel to how you might be feeling about your business finances.
About how on the one hand, maybe you feel like “It kind of seems like everyone but me knows how to money like an adult, but I’d really like to learn”.
But on the other hand, maybe you’re all “I agree with you, Stephanie, about maybe instead we skip all that and go take a nap.”
(Side note: please let the record show that I am ALWAYS an advocate for napping.)
Alas, that would be giving me WAY too much credit.
Because I don’t think I actually have a point.
I mean, if I had to have one, (because, you know, all marketing emails should have a point, isn’t that what “they” say?) I guess my point would be:
Sometimes, maybe we just need to allow what is, without trying to change anything.
(Yup, it took me 415 words to make such a simple point.)
Maybe I need to allow myself to feel both motivated and sad. To be both rip raring to go, and also stymied with how to move forward.
Maybe you need to allow yourself to fully inhabit both truths: that you’d like to start really adulting with your biz finances AND the idea feels overwhelming.
We’ll both be okay. We’ll eventually find our way through and start making the progress we want.
You know… after we take a nap or three.
🔔 New Resource Alert!
Business savings accounts are hard to come by. That's just a fact. Let alone ones with a competitive interest rate. (For example, my favorite bank, Relay, offers savings accounts, but anything under $50,000 only gets 1%. )
Enter: Live Oak Bank 🌳
A client turned me on to Live Oak Bank. (not an affiliate link) It has business savings accounts that offer 4% interest! Along with:
FDIC insurance (obviously. Please don't put your money in a bank that's not FDIC insured.)
No minimum balance
No monthly maintenance fees
To which I say: YES, PLEASE! I opened an account on Tuesday and it was super straightforward. I'm looking forward to earning a couple hundred dollars in interest by the end of the year, thank you very much.
So yeah, if you have some extra cash in your business checking account, definitely consider opening a business savings account. (Note: you need an EIN to open a biz savings account at Live Oak Bank. So if you're a sole proprietor with no EIN, this isn't a good fit for you.)