

#1002 - Top Strategies for Financial Success: A Conversation with Business Coach Audrey Faust (Audrey Faust Consulting)
In this week's podcast episode, Audrey Faust, MBA, a business financial coach, joins the discussion to talk about essential financial topics for entrepreneurs, including mindset, profitability, and financial strategies.
With over 25 years of experience in finance and accounting, Audrey shares her journey from providing done-for-you services to coaching small business owners on the financial aspects of their enterprises.
Key insights include the impact of childhood money mindset on business decisions, common financial misconceptions like working hard for money, and dealing with guilt and shame around finances, especially for women entrepreneurs.
Audrey also explains the importance of financial literacy, understanding financial statements, and maintaining separate business and personal finances. She outlines a three-stage process for the path to profitability, which includes mindset, planning, and understanding financial components.
Audrey wraps up by discussing the importance of regular financial check-ins and offers free resources, including a workshop on reading critical financial reports.
Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Do your due diligence.
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