Have you been unable to pay yourself well and consistently, and now you’re feeling a little bit resentful of your business?
Nagina, one of our longtime bookkeeping clients, was experiencing this too. Before working with us, she was frantic about money and making over 6-figures but only taking home 30%.
As an online health coach, wife, mother of two, as well as a working full-time corporate job, she didn’t want to run the risk of not being able to have adequate take home pay in her business.
Since working with Lovely Financials, Nagina went from consistently sitting at a 30% profit margin to sustaining 70% consistently. This has allowed her to pay herself six figures, keep excess cash on hand in her business, and max out her retirement to $66,000 for the year.
In this episode, you’ll learn how Nagina was able to use her financial reports to increase her profits and revenue and develop the skill of directing her income to work smarter for her.
Plus, she shares the money mindset blocks she had to work through to make it happen.
Tune in for:
04:25 — Uncovering why Nagina was making more than 6 figures but only bringing home 30%
11:08 — The financial trends in spending and earning that helped Nagina make decisions that increased profit
21:58 — How the mindset, “I have to work so hard to make money” affected Nagina’s growth in her first few years and how she worked through it to scale
29:35 — How raising prices shifted Nagina into a feminine relationship with money and changed her mindset
34:08 — From keeping only 30% to now keeping 70% of every dollar she earned
38:13 — Not investing for retirement is choosing to give up millions of dollars
45:28 — How consistent owner’s pay has changed Nagina’s lifestyle
CONNECT WITH NAGINA ABDULLAH
Nagina Abdullah is a weight-loss coach for women in midlife and founder of the website MasalaBody.com. She teaches women to boost their metabolism especially when what worked before no longer works. She focuses on natural formulas to combine and time metabolism-boosting foods to reduce belly fat and overall weight gain in midlife. Nagina has a degree in Molecular and Cell Biology from UC Berkeley and has helped over 1,500 midlife women successfully lose weight and create a lifestyle change.
Nagina shares her “Sweet Spice Cheat Sheet” with the spice that is in your kitchen cabinet! It helps to lower blood sugar and curb sugar cravings. The cheat sheet includes:
3 health benefits of using this spice
5 ways to use it in your day
An easy recipe using this spice
This email series helps you heal your relationship with money and grow wealth through your business. Each week you’ll receive tips on how to face your money, improve profit, ways to leverage the tax code, and manage the cash flow you already have.
Most importantly, harness the wealth within through your faith.
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Iyanna Vaughn, founder of Lovely Financials Group, believes that financial management significantly impacts one's life. For over 8 years, she has helped business owners increase their profit & create healthy cash flow.
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