Apple | Spotify | Google Play | Stitcher
In the world of online business, constant investments are crucial for growth and success. Just like a living organism, a business needs nurturing and strategic decisions to flourish. While cash flow remains the key to sustaining and expanding a business, getting started often requires overcoming financial obstacles. Many aspiring Holy-Spirit filled online coaches and course creators dream of launching their own ventures without falling into the trap of debt.
While financial guru Dave Ramsey offers invaluable advice on getting out of debt and making wise investments, it’s important to recognize that the dynamics of running a business differ to some extent. Today we are exploring the perspective that debt isn’t the devil when it comes to Christian coaches and course creators. Instead, borrowing strategically can be a powerful tool for unlocking financial opportunities, especially when you are starting a business.
DEBT ISN’T THE DEVIL
The Bible provides wisdom about debt, encouraging us to strive to be lenders rather than borrowers. However, becoming a lender requires hard work and financial stability. While borrowing money isn’t inherently bad, it’s essential to honor our financial commitments. By managing debt responsibly, we can leverage it to our advantage. Wealthy individuals often utilize debt to preserve the value of their cash and reduce their tax burdens. In the realm of Christian coaching and course creation, taking on calculated debt can provide the means to accelerate growth, expand marketing efforts, and invest in resources that enhance our offerings. Count the cost, pay your debt back, and be responsible as you steward your resources.
BORROW TO GET STARTED
If limited funds are preventing you from starting your coaching or course creation journey, it’s crucial to consider the potential returns on investment. Sometimes, the perfect timing to begin is when money is scarce. Investing wisely can yield substantial returns. While spending $100,000 on a traditional college degree may not always result in a lucrative career, investing $5,000 in learning how to build a successful coaching program or on Facebook Ads to sell your program can deliver massive returns. By making strategic financial decisions and choosing reputable educational resources, you can overcome financial barriers and set yourself up for long-term success.
WHY CREDIT CARDS
Simplifying your financial management is vital for ensuring you remain a good steward of your resources. Timing transactions and structuring your financial activities can put you in a better position to track and manage your cash flow effectively. Splitting up transactions and organizing them systematically streamlines your accounting processes. Moreover, taking advantage of rewards programs, such as cashback opportunities, can offer additional benefits. For example, allocating a significant portion of your marketing budget to Facebook ads can generate cashback rewards, providing an unexpected bonus that can further support your business growth.
As Christian coaches and course creators, leveraging debt can be a powerful tool for unlocking financial opportunities. By approaching debt strategically, honoring financial commitments, making wise investments, and simplifying financial management, you can build a solid foundation for your business. Remember, while the Bible provides guidance on debt, it also emphasizes the importance of stewardship and responsible decision-making. By using debt as a means to further your mission, expand your reach, and impact more lives, you can align your financial strategies with your Christian values and entrepreneurial aspirations.
I’m unveiling the mystery of scaling to $100K in 12 months! If you are ready to radiantly build, launch and scale your high-ticket signature coaching program, then you need a clear plan! Check out my quick 20 minute training for building your group coaching business and how I built my own $100K program to find out how. Get the free training here!
It’s an amazing time to join The Selah Collective! Big changes are coming to my program! This program is for the faith-filled coaches and course creators who are ready to step radiantly build, launch, and scale your high-ticket signature coaching program by stepping into God’s calling for your life, so make sure to apply so you don’t miss out! Apply now for The Selah Collective to go from $0 to $100K in the next 12 months!
Grab my guide, The Holy-Spirit Led Coaches Guide to Hitting Your First $100K in the Next 12 Months in Your Coaching Business! If you are struggling in your business, you haven’t launched yet, you aren’t sure where to start, or just stuck in the hamster wheel of posting on social media with no results, you need a roadmap! You need to know how to hit $100K in the next 12 months. I’m spilling all my secrets from building my own businesses, and providing you behind-the-scenes info about revenue, plus my proven 5-Phase Plan to help you get started!
Click here for info about my FREE Masterclass: Recession-Proof Online Business – Build Your Business Around You God-Given Calling! Learn how to shut down the fear and claim the faith while booking out and building your God-Given online coaching or course based business in the next 90 days! Just starting out or ready to scale? You don’t want to miss this free class!
Grab The Productivity Playbook! Designed to help you build your online business in only 20 minutes a day, now is a great time to get your year started off with the right habits! Businesses are built on habits – without good ones, your business will probably suffer. This is your go-to guide to help you sit down at your desk and know what you are working on each day. From daily tasks to content planning to organizing your team, this playbook will help walk you through where to focus and what to focus on. Click here to get your business organized for 2023!
Want to get started with Kartra, the All-In-One Funnel Builder? Use this link for a 14 Day trial!
Subscribe and leave a review on Apple & email me a screenshot at firstname.lastname@example.org to get a FREE Coffee!