The Impulsive Thinker cover image

The Impulsive Thinker

Five Financial Mistakes: What ADHD Entrepreneurs Need to Know | Wendy Brookhouse

Jan 13, 2025
Wendy Brookhouse, a seasoned financial planner and founder of Blackstar Wealth, shares her expertise in guiding entrepreneurs toward smarter financial decisions. She discusses the unique challenges ADHD entrepreneurs face, emphasizing the need for a balanced approach to spending and long-term planning. Wendy highlights the importance of assembling a financial team, integrating personal and business finances, and cultivating a proactive mindset towards taxes and investments. Her insights aim to reshape how entrepreneurs view their financial journeys and unlock their potential.
33:12

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Quick takeaways

  • Entrepreneurs must integrate personal and business finances to ensure their business growth aligns with their personal financial goals.
  • Adopting a collaborative mindset by seeking expert guidance can enhance financial planning and prevent costly mistakes for ADHD entrepreneurs.

Deep dives

The Purpose of Your Business

The primary purpose of a business is to fund personal life and financial goals. This perspective shifts how entrepreneurs approach their business growth and financial planning. For instance, understanding whether the business is meant for short-term funding or long-term wealth generation can influence investment strategies. A clear intention helps entrepreneurs make informed decisions about resource allocation and future planning.

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