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Colin Sandberg is a multi-business owner and founder of FinElevate, a strategic finance firm helping business owners leverage their numbers to make money. As the CEO of manufacturing, distribution, and service businesses, Colin developed a passion for demystifying small business finance and supporting entrepreneurs in achieving their dreams.
Topics Discussed:
➡️ Importance of Managing Cash Flows
➡️ Biggest Financial Mistakes in Small Business
➡️ Transition from Low Pricing to Sustainable Models
➡️ Effective Financial Mindsets for Entrepreneurs
00:00 Introduction
00:39 Why are we talking finances?
01:50 What's one of the biggest mistakes you see people making?
02:35 How to determine what to charge
04:51 Are lower prices easier to sell?
08:50 Colin's First Business and Lessons Learned
11:27 Advice to Business Owners on Finances
12:37 Recommended books and resources
14:45 Financial Mindset
21:05 About Fin Elevate
23:55 Colin's Biggest Marketing Lesson Learned
Episode Resources:
Simple Numbers, Straight Talk, Big Profits! by Greg Crabtree: a.co/d/g5SjfQE
You Need a Budget (YNAB): ynab.com/referral/?ref=iOqSAS...
Guest Information:
Colin Sandberg, Founder of FinElevate
Website: finelevate.com/
Facebook: / colin.sanburg
LinkedIn: / colinsanburg
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