In this episode, host Dai Smith interviews Nicole Stanley from Arise Financial about financial literacy and empowerment for mompreneurs. Nicole shares her journey of overcoming financial anxiety and how she became a financial coach. They discuss the importance of balancing business and family, charting your financial path, and the role of a financial coach. Nicole emphasizes the need to take control of your cash flow and offers tips for planning and taking maternity leave as a mompreneur. In this conversation, Nicole Stanley shares her insights on planning for maternity leave as an entrepreneur. She emphasizes the importance of being intentional and specific about the type of maternity leave you want. Nicole suggests reverse engineering your maternity leave by determining what you need to make it happen, such as hiring additional help or training team members. Setting clear boundaries with clients and team members is crucial to ensure a smooth transition during maternity leave. Nicole also recommends receiving regular good news updates from your team to stay connected and reassured. Additionally, she discusses the importance of communicating with clients and families about your needs and seeking support and accountability.

Takeaways

1. Financial anxiety is a common experience that can be overcome through financial literacy and mindset shifts.

2. Being a mompreneur requires thinking about time and resources differently, which can be an asset in business.

3. Charting your financial path is important, as everyone's situation is unique.

4. A financial coach can help you gain control of your cash flow and identify subconscious spending patterns.

5. Planning and taking maternity leave as a mompreneur requires intentional decision-making and a gradual ramp-up period. Be intentional and specific about the type of maternity leave you want as an entrepreneur.

6. Reverse engineer your maternity leave by determining what you need to make it happen.

7. Set clear boundaries with clients and team members to ensure a smooth transition during maternity leave.

8. Receive regular good news updates from your team to stay connected and reassured.

9. Communicate with clients and family about your needs and seek support and accountability.