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Episode 104: The Time Versus Money Conundrum

The Fierce Factor with Kaeli Lindholm

Release Date: 04/18/2022

Episode 114: Bonus: Why Leaders Ignore National Averages show art Episode 114: Bonus: Why Leaders Ignore National Averages

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This week’s bonus session demonstrates a bit of a core philosophy over here at KLC: “Disrupt the status quo”. As we are on a mission to help 100 inspiring and intentional women cross the next million dollar milestone in their business this year, we are supremely intentional about who we link arms with. Meaning, if someone comes to us and is asking questions about how to simply stay afloat they are likely not going to be the right fit for our community. Never am I asked to help someone become average. But if I had a dollar for everytime I’m asked ‘what most people do’ I’d be...

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Today I want to flip the script in a very loving and supportive way for you business owners out there who are responsible for supporting a significant number of employees and also for those of you who are thinking about bringing on a manager to oversee staff management and your day to day operations. So often a business owner wears so many hats.  She has built her business doing brilliant 1:1 work with her patients, she is focused on clinical outcomes, client experience, and developing her brand.  And because of this the management side of things tends to get overlooked. Not because...

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I recently saw a mom of three kids chasing her toddler around while carrying a baby during her oldest son's baseball game. The experience took me back to the days of raising my now 10 and 13 year old boys, and the realization that they have really grown up and the way I parent and interact with them has taken a 180 turn. Not only have they changed, but so have I! And gosh, raising kids through the developmental stages of life is so much like raising a business. Who our business needs us to be when it’s a baby business is dramatically different from its requirements as it matures. Today’s...

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In this week’s episode we have a vital conversation for anyone in any industry who is desiring to expand their output in their business in any capacity.  Meaning, you may be a solopreneur who is wondering “where do I go from here”, do I continue as is, do I scale up, or do I sell? Or you may be fully staffed in your current model but preparing for your expansion or exit and thinking about who you need to help you tackle that next move. I have conversations weekly with business owners who ask themselves this question.  Is now the right time to hire? How do I know? And while the...

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So often I have conversations with high growth female business owners who are strapped for time every single day.  They are juggling a million things in their life- motherhood, housekeeping, dog caring, friending, wifing, and fixing.  Oh and all while treating back to back patients while slamming down caffeine and holding their bladder until they can sprint to the restroom for a break.

For many years, my personal goal was revenue growth and then profitability.  Having profits would allow me to build a savings account, make investments into my long term wealth, and to reinvest back into the business so that it could become a cash machine for me down the road.

But what happened for me at some point in time several years ago is something that you might be able to relate to.  I was the main talent of the business and my work inside of the business began to exhaust me.  Someone needed to manage the back end, the team building, the contractors, the client experience, the vision and its execution.  It all fell on me.  And I became exhausted.  While I had a very small but mighty team to support me, my administrative workload began to grow in step with my coaching workload.

The part of the business growth that made me more in demand, the part that fed both my bank account and my ego started to become a drain on my time and left me with an energy void at the end of every day.

I talk with women on a daily basis who tell me they can relate to being in this place.  Loving their work, feeling fulfilled by the impact and relationships they have cultivated with their clients, and yet also dangerously skilled to the point that even though they are grinding themselves to the bone keeping everything seemingly intact, they will sacrificially chisel away at their most precious resource in the process.

What comes first, time or money? Do I need time to make money? Or do I need money to make time?

This classic time versus money conundrum is a real thing.

Tune in to this week’s episode to explore this ideology with me and prepare yourself to approach your relationship with time in a whole different way.

Xo, Kaeli

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