Q I’ve decided to leave my job, which I hate, and have a go at being self-employed doing what I love. I know it’s a big risk but if I don’t go for it I’ll always wonder ‘what if’.

My question is this – I’m usually so bad with money and I’m always broke and in debt. How can I make sure that this doesn’t get in the way of my business doing well?

A I’m a psychotherapist not a business advisor, but the part of your question that relates to me is your comment about always being broke and in debt. I am wondering why that is the case, and how you have created that situation for yourself. What purpose might it serve?

(You may not be consciously aware of the answer to that question; but there will be a reason for your situation… and when you understand that you will then be in a better position to answer your own question about how this will affect you in your business venture.)

Ask yourself…’I think of money as…..’ and keep filling in the blanks until you reveal your own ‘relationship’ with money – which probably comes from your childhood and family beliefs.

On to practical matters – you are wise to consider the matter of finances for your business upfront. [Read more…]