How Six Figure Business Owners Spend Money in Business w/ Linzy Bonham [Ep 93]

The Bad Therapist Show

Ready to rethink how you’re spending money in your business? In this episode, I’m joined by Linzy Bonham, a private practice therapist turned money coach, for an honest conversation about the financial decisions that can shape your business's success. Together, we unpack what it truly means to invest in your business and the emotional rollercoaster that can come with it.

Linzy shares her journey from financial anxiety to confidence, highlighting the mindset shifts and pivotal moments that made all the difference. We explore the art of making strategic investments, the value of patience in building a sustainable business, and how to trust yourself to navigate the inevitable challenges.

If you want to make better financial decisions and feel more empowered about spending money in your business, this episode is for you. Tune in to discover how to make your money work for you and take your business to new heights.

Topics covered in this episode:

• Linzy's transition from private practice to becoming a money coach, helping professionals manage their finances
• The reason why it's so important to talk about spending money in business
• The necessary mindset changes you need to make if you want to scale your business
• Linzy's experiences of making significant financial commitments and the lessons she learned along the way
• The concept of trusting yourself to handle future challenges and make strategic business decisions
• The role of patience in business growth and how planting seeds today can lead to future success
• The process of finding marketing strategies that actually work
• Shedding identities as you're growing sustainable businesses

Resources from this episode:

• Liberated Business
• Money Skills for Group Practice Owners

More about Linzy Bonham:

Linzy Bonham is a private practice therapist turned money coach who helps private practice owners and health professionals feel calm and in control of their finances through her coaching at Money Nuts & Bolts and her podcast Money Skills for Therapists.

It all started when she saw her extremely skilled colleagues struggle with the money side of business. Some had even left private practice, or were avoiding starting one, because the financial side was too stressful.

So Linzy decided to help therapists and health professionals develop peace of mind about their money. Since so many were never taught these skills, she focuses on the “how” of making the business side of private practice doable, and even super satisfying.

Connect with Linzy

• Website: www.moneynutsandbolts.com
• Podcast: Money Skills for Therapists
• Instagram: @moneynutsandbolts
• LinkedIn: Linzy Bonham
• Facebook: Money Nuts & Bolts

Connect with Felicia:

• Get my freebie & join the email list: The Magic Sheets
• Instagram: @the_bad_therapist
• Website: www.thebadtherapist.coach
• Facebook group: Healing Money

Quote:

“You cannot outsource leadership or responsibility. You can outsource tasks. But ultimately the leadership of the business is you.” - Linzy Bonham