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Success on the Second Try with Anna Murphy

Mission Driven Business

Release Date: 10/12/2021

The Mission Driven Business Podcast Episode 99: How To Do A Mid-Year Money Check show art The Mission Driven Business Podcast Episode 99: How To Do A Mid-Year Money Check

Mission Driven Business

Brian Thompson returns for a solo episode packed with practical advice to help entrepreneurs take charge of their numbers. In this mini masterclass, you’ll learn how to use your profit and loss, balance sheet, and reconciliation reports more effectively. Whether you love or loathe spreadsheets, this episode gives you the tools to pause, reflect, and make strategic financial decisions to set yourself up for success in the second half of the year. How To Conduct A Mid-Year Financial Review 1. Reconcile and clean up your books First, set aside at least 90 minutes to focus without distractions....

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The Mission Driven Business Podcast Episode 98: Don’t Make These 4 Startup Mistakes With Amy Cosper show art The Mission Driven Business Podcast Episode 98: Don’t Make These 4 Startup Mistakes With Amy Cosper

Mission Driven Business

Brian Thompson chats with Amy Cosper, former Editor-in-Chief of Entrepreneur Magazine, award-winning journalist, and author of the new book, “The Ultimate Guide to Startup Success.” In this episode, Amy brings fierce honesty, contagious energy, and deep wisdom about what it really takes to build a mission-driven business in uncertain times. You’ll also hear some of the biggest legal and financial mistakes founders make and be reminded why entrepreneurship can be a radical act of hope and defiance. Episode Highlights Mission-driven businesses don’t have to be altruistic. Amy describes a...

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The Mission Driven Business Podcast Episode 97: How To Stay Visible When It Feels Safer To Hide show art The Mission Driven Business Podcast Episode 97: How To Stay Visible When It Feels Safer To Hide

Mission Driven Business

In this special and timely episode, Brian Thompson calls on fellow mission-driven business owners to embrace their identities and own their values. Highlighting real messages from clients, Brian explores the challenges and uncertainties facing entrepreneurs, especially those from LGBTQ+ backgrounds and other marginalized groups. He challenges the myth that being neutral is the safest option in the current political environment and shares practical steps to get clear and bold about who you are and what you bring to the table. Episode Highlights Your identity is an asset -- not a liability....

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The Mission Driven Business Podcast Episode 96: Writing Your Own Business Story With Faye Ziegeweid show art The Mission Driven Business Podcast Episode 96: Writing Your Own Business Story With Faye Ziegeweid

Mission Driven Business

Brian Thompson chats with Faye Ziegeweid, founder and CEO of Queen Fayzel, a greeting card company for people who want to send messages that are unique, sassy, and sincere. Faye built her values-aligned greeting card company after realizing she couldn’t be her authentic self in her old career as a public health project manager. In this episode, Faye gets real about the personal side of entrepreneurship, including how self-discovery and personal growth are necessities for sustainable growth. She also shares how articulating your values clearly can attract the right clients and create a...

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The Mission Driven Business Podcast Episode 95: Empowering The LGBTQ+ Community With Sean Ebony Coleman show art The Mission Driven Business Podcast Episode 95: Empowering The LGBTQ+ Community With Sean Ebony Coleman

Mission Driven Business

Brian Thompson chats with Sean Ebony Coleman, founder and CEO of Destination Tomorrow, a grassroots agency and LGBTQ+ center in the Bronx borough of New York City. Destination Tomorrow empowers the most vulnerable LGBTQ+ community members through educational, financial, support-based, housing, and health programs. On the episode, Sean details how he and his organization are addressing some of the real challenges facing the LGBTQ+ community. He also shares how he starts his mornings to stay focused and touts the value of lived experience for organizations. Episode Highlights Mission-driven...

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The Mission Driven Business Podcast Episode 94: Marketing With Partners And Purpose With Erika Rodriguez show art The Mission Driven Business Podcast Episode 94: Marketing With Partners And Purpose With Erika Rodriguez

Mission Driven Business

Brian chats with Erika Rodriguez, founder and CEO of Nadi Marketing and co-founder of Tidal Pages. Erika specializes in partnership marketing for sustainable and purpose-driven businesses. In this episode, she shares how being laid off led her to entrepreneurship, the power of niching down, and how authentic partnerships can amplify your impact. Erika also details why email should be a top marketing priority and how joy, connection, and community have shaped her businesses. Episode Highlights Mission-driven businesses prioritize sustainability. Erika defines a mission-driven business as one...

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The Mission Driven Business Podcast Episode 93: Harnessing The Power Of Small To Create Global Impact With Masami Sato show art The Mission Driven Business Podcast Episode 93: Harnessing The Power Of Small To Create Global Impact With Masami Sato

Mission Driven Business

Brian chats with Masami Sato, founder and CEO of B1G1 (Buy1GIVE1), a Certified B Corporation that empowers businesses to make giving an inherent part of every business transaction. As an experienced social entrepreneur and speaker, Masami champions the "Power of Small" -- the belief that even the smallest acts of giving, when done consistently and collectively, can create meaningful change. In this episode, Masami shares how her entrepreneurial spirit drove her to create B1G1 and how staying rooted in her mission helped her build a business that supports more than 450 high-impact projects...

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The Mission Driven Business Podcast Episode 92: 6 Pillars of Successful Brand Messaging with Ashlee Sang show art The Mission Driven Business Podcast Episode 92: 6 Pillars of Successful Brand Messaging with Ashlee Sang

Mission Driven Business

Brian chats with Ashlee Sang, a values-aligned brand messaging strategist and consultant who equips visionaries to clarify and amplify their message. Drawing on her background in anthropology, Ashlee brings a values-centered approach to brand development, content creation, and marketing strategy. In this episode, she details common challenges faced by values-driven founders, shares her six pillars of successful brand messaging, and gives a few quick tips to get your brand’s story out of your head and into the world. Episode Highlights Mission-driven businesses are “why”-driven...

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The Mission Driven Business Podcast Episode 91: Deductible Business Expenses That Can Save You Thousands show art The Mission Driven Business Podcast Episode 91: Deductible Business Expenses That Can Save You Thousands

Mission Driven Business

As an entrepreneur, you know that every dollar counts, so today we’re taking a deep dive into a topic that can save business owners thousands of dollars: deductible business expenses. In this episode, we’ll cover what makes an expense deductible, the savings that come with deductions, unexpected deductions, and the importance of bookkeeping. By the end of the episode, you’ll have a clear picture of how to make the most of your expenses and keep your money in your business. Episode Highlights Deductible expenses must be ordinary and necessary. Deductions are powerful. Every dollar you...

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Re-Releasing Episode 52: An Expert's Guide To Understanding The 1120-S Tax Form show art Re-Releasing Episode 52: An Expert's Guide To Understanding The 1120-S Tax Form

Mission Driven Business

It’s tax season crunch time, so we are resharing a timely episode debunking the 1120-S tax return. In this episode, Brian will walk you through the S-Corporation income tax return to help you better understand what you’re filing and hopefully catch mistakes before it’s too late. He provides a section-by-section analysis of Form 1120-S and highlights key areas that business owners and tax professionals make mistakes. Episode Highlights Part 1: Heading, Income, Deductions, Tax and Payments Most of this information is drawn from your business’s Profit and Loss Statement. Here’s a...

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Brian chats with Anna Murphy, a Latina entrepreneur and CEO of Murphy and Associates Consulting. Anna shares the wisdom that led her to build a multiple six-figure business in a year and a half. She also discusses the importance of surrounding yourself with people who believe in you, and why hitting rock bottom is worth talking about.

Episode Highlights

Mission-driven businesses have a purpose.

Starting a business is challenging in and of itself, Anna said. But having a mission-driven business allows the founder to be able to overcome the inevitable challenges and keep moving forward.

“There’s things that come up and if you don’t have a purpose everyday for why you’re doing something, then it becomes kind of empty,” Anna said. “Yeah, there’s money. But there has to be more than that, right?”

For Anna, she sees this purpose come alive when she talks to clients and a lightbulb goes off in their heads. She knows they understand the financial information that will help them make better decisions moving forward.

Surround yourself with people who believe in you.

Like many guests on the podcast, Anna didn’t originally set out to be an entrepreneur. She described herself as a quiet, creative person who “fell into the financial industry.”

Anna started her career as a graphic designer but pivoted to corporate finance after the economic crash in 2008. After completing her master’s degree, she realized corporate life just was not working for her. At the same time, she surrounded herself with other entrepreneurs.

“I started seeing them building businesses and growing and doing different things, and I was like, ‘I can do this,” she said. “You start hanging around those people believing in you, and they motivate you, and they’re like, ‘Yes you can do it.’”

Failure is worth talking about.

Anna is open about the struggles she faced in her first year of entrepreneurship. When she left her full-time job, she expected that all the time and energy she could dedicate to her own business would automatically translate to growth. But that didn’t happen.

“I completely failed,” she said. “Completely ran out of savings.”

The experience humbled her, and she went back to work with a part-time job. After getting fired from that job a few years later, she took what she learned from her first attempt at entrepreneurship to make her second attempt successful.

“Don’t look down. Focus. Just get to work,” she said. “That was in July 2019, and within a year and half, I hit multiple six figures.”

While Anna used to be ashamed to share how she hit rock bottom, she’s since realized that it’s part of her story, and that by sharing her own experiences, she can also empower other business owners.

“You’re going to empower someone else by actually saying that,” she said. “There’s someone right now who’s probably broke, completely ran out of money, and doesn’t even know what they’re going to do, right?”

Resources + Links

About Brian and the Mission Driven Business Podcast 

Brian Thompson, JD/CFP, is a tax attorney and certified financial planner who specializes in providing comprehensive financial planning to LGBTQ+ entrepreneurs who run mission-driven businesses. The Mission Driven Business podcast was born out of his passion for helping social entrepreneurs create businesses with purpose and profit.

On the podcast, Brian talks with diverse entrepreneurs and the people who support them. Listeners hear stories of experiences, strength, and hope and get practical advice to help them build businesses that might just change the world, too.