Stupid Spending Decisions by Entrepreneurs with Cameron Williams

Stupid Spending Decisions by Entrepreneurs with Cameron Williams

Today's episode feels like the perfect follow-up to my recent solo episode about toxic Filipino money mindsets. Because apparently every culture has their own messy relationship with money, and entrepreneurs? We're no exception.

I'm sitting down with Cameron Williams, CEO and founder of Kynli Consulting, who has 12 years in the accounting industry and has helped hundreds of marketing agencies save over $2 million in taxes. Cameron's on a mission to impact 300 marketing agencies by 2030, and today we're diving into the stupid spending decisions entrepreneurs make (yes, including some of my own embarrassing confessions).

What We Talked About:

We dive deep into why entrepreneurs want opposite things (scaling fast while hoarding cash), the shocking difference between cash flow and profit (spoiler: they're NOT the same), and how the comparison trap makes us think we're failing when we're actually winning. Cameron breaks down when to hire what. Plus, my rant about spiritual entrepreneurs who think tracking numbers kills their vibe, and why lifestyle creep destroys businesses faster than bad marketing.

My Favorite Quote:

"You can have all the faith, but you can't be doing no work. You can't do all the work and have no faith. You gotta do both."

This conversation really opened my eyes to why I used to say "I'm better at making more money than cutting back". And how that mindset, while not wrong, needed better strategy behind it.

Connect with Cameron:

If you're tired of feeling confused about your business finances or wondering why you're making good money but still feel broke, Cameron's your guy. He's like having a big brother who actually understands numbers and won't judge your past money mistakes.

See you next Monday for another episode of None of Your Business!

P.S. - If this episode made you realize you need help with your finances, don't wait. Your future self will thank you.

My online businesses run on Mercury! The best fintech solution built by startup Founders to take the pains of banking out of operating your online business. Claim your account here and get a $250 BONUS: https://mercury.com/r/proximity-solutions-llc

Episoder(100)

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