Episode 56: Befriending Your Financials Can Decrease Burnout and Overwhelm
“Every single woman needs to understand their numbers in their business,” shares Danielle Hayden, CEO and founder of Kickstart Accounting. Today, Danielle discusses why she shifted away from her corporate finance career to become an entrepreneur and how changing your money mindset by befriending your financials can decrease burnout.
One day while Danielle was sitting in a board meeting, she realized that she could be using her expertise to benefit entrepreneurs, particularly women entrepreneurs. This catalyst led her to open Kickstart Accounting where she now employs 25 women in a male dominated industry who work primarily in helping other women entrepreneurs. She explains that understanding your numbers is crucial for success, and it is also best to be able to access that information in a non-judgemental space. People tend to shy away from talking about money and may have inherited a money mindset story from their parents, teachers, or peers. But by really analyzing and understanding the numbers, you can reform your money mindset so that handling your business finances does not send you spiraling into burnout.
Numbers do not have to be overwhelming. It is okay to talk about money and even spend money, but so many people are ashamed or just not confident enough to make monetary decisions. These feelings often stem from the money stories you grew up with and may not actually apply to your current life situation. When you get more knowledgeable about your finances, then you can approach money from a different perspective and feel more secure investing in your business.
About Danielle Hayden, CEO & Founder of Kickstart Accounting:
Danielle Hayden is a reformed corporate CFO (chief financial officer) who is on a mission to help rule-breaking female entrepreneurs understand their numbers so they can gain the confidence needed to create sustainable profits.
After spending 10+ years in the boardroom as a corporate finance officer, Danielle is now in her sweet spot as the CEO of Kickstart Accounting, Inc. where she helps business owners with bookkeeping, financial analysis, and education and as the author of the Profit Planner book series. When Danielle isn’t in her money mindset you can find her hiking or spending time with her family.
In This Episode We're Talking About:
- How knowing your numbers and using your financials can decrease burnout and overwhelm
- Why we should all approach money from a different perspective
- Reasons to feel more secure investing in your business
Quotes:
- “Every single woman needs to understand their numbers in their business, how to read a profit loss statement, how to read a balance sheet, how to create a budget, and have that information in a space that’s non-judgmental, that is safe.” (5:02-5:19 | Danielle)
- “There are actually so many people who need to let go of their money because they’re holding on for dear life.” (14:35-14:41 | Danielle)
- “It’s a really brave thing to become a business owner and we don’t have to make everything so hard.” (29:14-29:21 | Danielle)
- “We’re allowed as business owners to disrupt the industry, and we can break the mold and recreate it.” (32:25-35:30 | Danielle)
Links for this Episode:
Connect with Danielle Hayden:
Website: https://kickstartaccountinginc.com/
Facebook: https://www.facebook.com/kickstartaccountinginc/
Instagram: https://www.instagram.com/kickstartaccounting/
LinkedIn: https://www.linkedin.com/company/kickstart-accounting-inc-/
Twitter: https://twitter.com/KickstartAcct
Danielle’s Socials
Instagram: https://www.instagram.com/daniellehayden__oh/
LinkedIn: https://www.linkedin.com/in/danielle-hayden-kickstartaccounting/
Connect with Dr. Lara Salyer:
Website: https://drlarasalyer.com
Catalyst Kit: https://rightbrainrescue.com/p/catalyst_kit
Premium Subscription Box: https://drlarasalyer.com/shop/#RBRclass
Instagram: @drlarasalyer
Facebook: https://www.facebook.com/drlarasalyer
Linked-In: https://www.linkedin.com/in/drlarasalyer/
YouTube: https://www.youtube.com/c/DrLaraSalyer
TikTok: @Creativity.Doctor
Podcast production and show notes provided by HiveCast.fm
Want to create your own podcast? Use the coupon code CATALYST for 50% off your first month of service with HiveCast! Schedule a call here!
Thank You For Listening!
If you enjoyed this podcast, please leave a review! Your positive review helps other physicians find this podcast and increase the visibility.
About The Catalyst Host, Dr. Lara Salyer:
I worked as a family physician for 15 years until burnout changed the trajectory of my career. I realized I wanted to start a holistic functional medicine practice in my rural hometown and made it happen. In addition to practicing functional medicine, I now mentor practitioners who are looking to change their paths in healthcare by using what I refer to as the “Catalyst Roadmap”. I share each step of this framework with listeners so that they may apply it to their careers, relationships, personal goals, and projects.
Episode Search
Mark your calendars! The Catalyst launches episodes weekly. You can expect to find a new, insightful conversation with a catalyst every Friday!