Money-Smart Solopreneurs w/ Laura Adams #884

Sep 25, 2024

In this engaging discussion, Laura Adams, author of nine books and host of the Money Girl podcast, shares her journey to self-employment and the essentials of solopreneurship. She tackles common fears about leaving a day job and offers invaluable tips on client acquisition and pricing strategies. Listeners will discover how to recognize underpricing and avoid pitfalls in budgeting and tax obligations. With insights on investing in personal health and fostering motivation, Laura empowers aspiring solopreneurs to take the leap into entrepreneurship.

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Intro

00:00 • 2min

Navigating the Solopreneur Journey

01:40 • 2min

Investing in Health and Solopreneurship Insights

03:40 • 20min

Navigating Solopreneur Finances

23:44 • 8min

Winning Clients and Managing Income

31:22 • 14min

Smart Financial Moves for Solopreneurs

45:09 • 5min

Navigating Tax Responsibilities for Solopreneurs

50:11 • 7min

Staying Motivated as a Solopreneur

56:42 • 4min

Navigating the Path to Solopreneurship: Balancing Stability and Entrepreneurship

01:00:52 • 3min

Navigating Financial Adjustments and Craft Beer Reviews

01:03:55 • 4min

This is the episode to motivate you to quit your 9-5 and start your own business, OR, to inspire you to use the skills you already have at your current job to moonlight on the side! Entrepreneurship – it’s not all that hard… right?! You might have a great idea, or you’ve stumbled upon a unique niche that you can step into, so you see an opportunity! But then you start thinking it through and some major questions start bubbling up to the surface, like how do you go about exiting your day job, or how do you know if you have enough work on the side to go all in? What about giving up W2 benefits? Or what about getting organized and paying taxes? These are questions that all would-be solopreneurs need to ask themselves, but luckily we’re joined today by the author of the Money-Smart Solopreneur, Laura Adams. Laura is actually the author of nine books, she’s the host of the Money Girl podcast, and by the end of this episode, we hope you’ll be empowered to hang your own shingle. She shares how she transitioned to self-employment, how to invest even more when you’re a solopreneur, ways to determine if you’re undercharging clients, mistakes that budding small businesses make, and more!

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During this episode we enjoyed a Head High by Kane Brewing – a huge thank you to Michael G for sending this extra delicious beer our way! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

Best friends out!

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