The boring sh!t in business Podcast with Amy Bajada

⁉️ Feeling the hustle but still broke? In this episode, I'm diving deep into a topic that many business owners often overlook - managing personal finances while running a business. If you're tired of feeling like you're working 24/7 with nothing to show for it personally, this episode is a must-listen! Here's a quick rundown of the key takeaways: Pay Yourself First: It may sound simple, but regula...

🎙 Welcome Back! A Year in Reflection and a Bold New Beginning 🎙 It’s been 12 months since our last episode, and I’ve got a lot to share. In this special relaunch episode, I open up about my unexpected break, what led me to hit pause on the podcast, and the powerful lessons I’ve learned during this time away. Spoiler alert: it’s all about rediscovering purpose, embracing balance, and finding clarit...

Ahh debt … can’t live with it, can’t live without it. Especially when it comes to running a small business. Understanding and effectively managing business debt is such an important component of a small business journey for growth and success. While the term "debt" may often carry a negative connotation, I always say, it’s not debt that’s the problem, but rather the management of it. When managed...

For small business owners, the holiday season can be a time of celebration and relaxation, but it can also bring about unique financial challenges. Commonly referred to as the "silly season," the period encompassing Christmas and New Year's can disrupt the regular flow of business operations. Offices close, clients go on leave, and the recovery of debtors can slow down significantly. This can have...

Running a small business is a juggling act at best, where you're continually balancing various responsibilities, from managing the day-to-day operations to keeping a watchful eye on your bottom line. Whilst all this is going on … I tend to find that often pricing strategies get overlooked, or forgotten all together. Its significance can be extremely underestimated, but the truth is, your pricing s...

Whilst I know most of us as business owners have heard the term Profit and Loss, or P&L or even income statement in our time (well at least I hope most of us have) … this conversation is more of a way to reignite the discussion around your P&L, to give it a little more life that perhaps it’s been given now. You see, this conversation was spawn from the many discussions I have with business...

Break-even goes beyond being a mere buzzword in the business world; it stands as a fundamental concept that, when truly comprehended, can profoundly influence your business‘s financial success. And by "financial success," we mean the whole gamut – from profitability and pricing strategies to the lifeblood of your business: cash flow. The magic of the break-even point lies in its power to transform...

As business owners we often find ourselves embracing, what I call, the shiny objects ... you know the things I'm talking about, product development, product testing, websites, instagram grids, social media, logos ... you know all the things. Yet when it comes to tackling the hard stuff, the real stuff ... we often find ourselves afraid. Afraid of knowing the real results, the real profits OR losse...

In the world of business, every financial decision is a high-stakes gamble. Whether you're a seasoned business owner or just starting out, the ability to think realistically about your financial moves can be the difference between thriving and floundering. Thinking realistically about financial moves in your business is not about being overly cautious or pessimistic. It's about being well-prepared...

Being a small business owner is an exhilarating journey filled with passion and dedication. You've built your dream from the ground up, nurtured it, and watched it grow. However, amidst the hustle and bustle of running your business, it's easy to overlook a critical aspect – managing your personal finances. Many small business owners struggle to understand and balance their business finances, let...

In the world of business, success and failure are two sides of the same coin. While success is undoubtedly what every business owner strives for, failure is often feared and avoided at all costs. However, it's time for a shift in this perspective. As business owners, we need to embrace failure as a stepping stone to progress. Failure isn't the end; rather, it's a vital part of the journey toward s...

In this new emerging landscape, the pursuit of personal aspirations has given rise to a surge in small businesses and side hustles. Whether driven by passion, necessity, or a combination of both, individuals are increasingly venturing into these realms. However, the path to success is a delicate dance between reinvesting profits back into the business and maintaining one's personal financial stabi...

In the bustling world of owning a business, where time is a precious commodity and every decision feels like it could tip the scales between success and failure, it's not uncommon to find small business owners scrambling to juggle numerous responsibilities. Between the whirlwind juggle of customer interactions, product development, and marketing strategies, there's one area that often ends up on t...

Since the rise of social media, it has transformed the way we as individuals communicate, share information, and even earn a living. Enter the age of influencers … individuals who leverage their online presence to gain followers in the hope of engaging with them, has created a new dimension of income generation. In Australia, our tax man is all over this … with the tax landscape evolving in respon...

Amongst the dynamic landscape that is running a business, small business owners face a ton of challenges daily that demand effective goal-setting strategies to drive growth and ensure success. One such strategy in the world of setting goals that proves to have a significant impact and one that has been supportive of the ever changing climate that we exist in … is the strategy of setting 90-day goa...

Picture this for a moment : your business is flourishing, you’re turning your dreams into reality, and you have the freedom to face any economic change that comes your way with confidence. Now, hold onto that vision, because attaining such financial stability is well within your grasp! In fact, it's not an elusive dream but a practical and achievable reality – all it takes is a powerful savings pl...

In today's fast-paced world, being busy is often equated with being successful. It's like a badge of honour to be busy. We've bought into the idea that being swamped with tasks and constantly on the move is the ultimate measure of success. But through the hustle and bustle, have you ever stopped and wondered if all that busyness is actually making you profitable or if you're just caught in the bus...

Recent studies have revealed that a staggering 30 percent of small businesses anticipate difficulties in meeting their financial commitments throughout 2023. It's a concerning statistic. But as concerning as it is, the reality is, we need to deal with it. We can’t continue to hope that we can just “ride it out”. Whilst I never coined the phrase “Knowledge is power” … facing this reality in your bu...

“In the depths of a dimly lit room, shadows danced ominously across the walls. The air hung heavy with a palpable sense of unease, as if every creak of the floorboards whispered impending doom. A single, unassuming envelope lay upon the dusty table, its presence invoking a sense of foreboding in the unsuspecting occupant. Trembling hands reached out, clutching the dreaded missive tightly, as beads...

Question : would you put your current bank balance all on red in a game of roulette with the hope of the ball falling correctly? This is exactly what most business owners are doing by not forecasting their cash flows correctly. You see, in a game of roulette, it’s all about the odds, about taking a chance. Some times it will be in your favour but most times not. Cash flow should never be about tak...

In the pursuit of trying to run a business, learn all the things, ensure we spend our money purposefully, we often forget that return on investment in our business doesn’t have to always be financial. Conversely, what we invest doesn’t necessarily come in monetary form either. I’m all for the numbers and for making money, but neglecting to account for the valuable information, teachings, skills up...

Uncertain economic times can be daunting for small business owners, we often find ourselves forced to navigate economic fluctuations, and uncertain times without much support and often alone. I get how hard it can be to maintain a positive mindset whilst striving to continue the daily grind with the hope of long term stability and longevity. But here is the ironic thing .. maintaining a positive m...

I was recently asked by a business owner whether I guaranteed any type of financial results from my programs … you know the ones I’m talking about .. the promise of $10k months, 5 figure results, 8 figure businesses. The short answer … no I don’t. I would never ethically promise, let alone guarantee that these would be the results from ANY program I had to offer. Does that mean I don’t stand by th...

Unless you’re living under a rock .. you're probably working your butt off in your small business … trying to manage the ever-changing challenges outside of your control all the while costs are increasing and sales are getting harder than ever to make. But amidst this trying journey, there's one constant that can make or break your success: your cash flow. Whether you're a seasoned entrepreneur or...

Here’s something you might be interested in knowing as you seek services for logos, websites and photoshoots when getting excited about starting a business … 😱 two-thirds of all businesses will survive just two years in business. 😱 half of those that do survive the first two years, will only make it to five years 😱 and only one-third of that half, will survive to ten. I say this not to deter yo...