The number of female entrepreneurs has been increasing since a decade. According to a survey, Central and Eastern Europe have reported 919 female-owned start-ups in the year 2020.
Starting a business requires certain qualities and skills. To grow your business, you need to have a certain plan in mind. If you don’t, then we have the perfect blueprint to keep your business on track. This business blueprint is specially designed to execute your business strategically and has 8 components. The first step is your mindset. To know more about your mindset, you should find out your money power type.
Being a female entrepreneur is all about seizing opportunities and making life-changing decisions. Although this may seem pretty easy, the reality is quite the opposite. You may always be asking yourself whether you are making the right decision or not.
Don’t worry. We have the perfect solution for this problem. To make this process easy, you should know about your money power type. But what are money power types? What are the different categories of money power types? Why are they so important?
A power type is how we perceive things in life. It also refers to the pattern or structure of our behavior. Everyone is subconsciously programmed to deal with money differently. Your habits regarding money determine your money power type. So, your money power type plays an important role in your life as a female entrepreneur.
Most of our financial decisions are made subconsciously according to our money power types. 8 different classifications of money power types are listed below:
Do you find yourself being service-oriented? Or maybe your loved ones always come to you for financial advice? You may be a nurturer. Nurturers love helping others with their problems. They are also known as responsible, detail-oriented, and practical. They never fail to accomplish a task and have great organization skills.
However, if you are known for your frugal lifestyle, you may be an accumulator. This money power type is great with money. Saving money is a piece of cake for them. They fear being financially dependent on others. This fear drives them to save money efficiently.
To find out more about money power types, you may consult a business coach for female entrepreneurs. With that being said, you should avoid paying your business coach for female entrepreneurs upfront. To find out why you can click here to view our blog about this topic.
How Can Knowing Your Money Power Type Help You As A Female Entrepreneur?
The most important part of owning a business is effective planning and decision-making. However, there are many times when your decisions fail to give expected results. It leads to disappointment and a loss of time and money. As a businesswoman, you need to make wise financial decisions that align with your money power type.
Knowing about your money power type can tell you about your strengths and weaknesses. This will help you in making better financial decisions. For example, if you are a maverick, you are good at taking calculated risks and love jumping from one thing to another. However, your competitive nature and taking too many risks can harm you in many ways. So, you should avoid taking too many risks.
As a business owner, knowing your weaknesses and strengths is helpful. You can figure out your weaknesses and strengths by taking a money power type assessment. Your money power type influences every financial decision you make. You should be aware of your type to be able to make wise decisions in terms of money. For more precise decision-making, you may contact a professional in the field like a business coach for women or a business coach for female entrepreneurs to be more specific.
If you’re a female entrepreneur looking for extra knowledge and expertise look for a good business coach for women because there are many out there who never even had their own business. This advice could make or break your business.
How do you know if someone is a good business coach for women?
Check out this article about the 20 questions you should ask a business coach for female entrepreneurs.
My name is Tineke Rensen and I am a business coach for women. I host monthly masterclasses about various business topics.
The next masterclass is at the 13th of April. The topic of the next masterclass will be: Creating a thriving profitable relationship with money. You can check it out here.
Try it out!
For the first class, you only pay 1 euro ($1,20), so it is safe for you to check me out. Afterward, you decide if you’ve learned something and whether you want to continue to become a member for 47,- euro/month (with a lot of extra benefits). Or you move on.
Or, if…… you want to take it a step higher and work with me one-on-one to build your one-woman gig to a proper business. Click here now to get started.
Tineke Rensen, from Powerful Business Academy, is in business for 31 years. She built an international Outdoor and Survival business from scratch and sold this after 22 years. Tineke was a national whitewater kayaking champion.
She now is one of the most all-round business accelerators and mentors you can find. She helps businesswomen to “Scale & Grow, Make More Impact And Work Less”. There are very few topics she cannot help you with, in your business. Many people find this hard to believe, but hey how much do you think you know about scaling businesses if you live it day and night for 31 years?
Tineke created the system “A Women’s Blueprint To Business Success”. She is a multi-award winning, serial entrepreneur and she is the author of the book “Maximum Business Growth For Women”
You can call, email or send a direct message for a response.
