#84. Building your Business to Financial Freedom with Kaitlyn Carlson

Aug 19

Written By Renee Warren

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SUBSCRIBE: iTunes | Stitcher | Spotify | Download | Duration: 43:08

“If your business is not helping you achieve financial freedom, it's a hobby.”
~ Kaitlyn Carlson

Hey you wild women!

My next guest is the Founder & CEO of Theory Planning Partners, a concierge financial advisory firm tailored to elevating the missions and passions of 7-figure female entrepreneurs. After cutting her teeth in asset management, Kaitlyn spent the majority of her career at UBS Financial Services, holding roles in both the South and Northeast regions of the USA, where she developed more than 300 financial plans for clients with assets ranging from $500,000 to $1 billion. Subsequently, she became an advisor on a private wealth management team that managed over $600 million for a few dozen families.

Despite her success at UBS, Kaitlyn grew all too familiar with the drawbacks of a male-dominated finance industry and felt compelled to branch out and specifically support the unique entrepreneurial and financial challenges female business owners face. She’s learned from her own experience as a woman in business that transcending limiting beliefs, building confidence, and intentionally stepping out of one’s comfort zone are essential to the success of any company, and she’s made it her mission to help untangle the complicated web of building personal wealth alongside the growth of a thriving company.

In this episode, you will learn:

Not to let perfection get in the way of progress.
To get more wealth in the hands of self-made women.
To learn and build wealth.
Revenue gets thrown out there as a massive mark of success and it doesn’t actually mean that much. Profit is WAY more important.
To quadruple the profits in your business by letting go of perfectionism.
Being an entrepreneur is getting uncomfortable with the uncomfortable.
Building wealth is a mix of habits and inflection points.
The more boring you can keep it (revenue) the better.
With success, your problems don't go away, but they get bigger and better in quality.
As a business owner, you will always find a way to spend the money in your bank account...“Parkinson's Law”
Should operate your business from what’s left in your operating account
Start good financial habits from day one
How trauma (sexual) comes out in other ways
“When a woman stands up for herself, she stands up for women everywhere.”- Maya Angelou
The tax you pay for immediate gratification is not worth the longtime