HER EMPIRE BUILDER PODCAST

HELPING YOU TO SHARE YOUR GIFTS WITH THE WORLD

Join business coach Tina Tower as she explore's how to build your empire by packaging your expertise into online courses, speaking, content, podcasting and credibility.

Tina has over 17 years of experience in starting, building and selling companies, she's a speaker, teacher, mumma and traveller. She's unapologetic about living an intentionally big life and if you want too, this show is designed to show you many different options to help you gain clarity over YOUR version of awesome.

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Show Transcription: 

Episode 173 - Your EOFY Business Health Check

Hello and welcome to episode 173 of Her Empire Builder podcast. Oh my gosh, it is halfway through 2022 [laughs]. Blink and you'll miss it my friends. Okay, so we have people that listen to this podcast from all over the world which I'm super stoked about, and hello to our international listeners. This one is for Australian end of financial year.

So in Australia, we have our financial year from 1st July to 30th June and so I wanted to do this episode, for all of the things to kind of have as a checklist, for end of financial year. Now, if you are not in Australia, this is going to be handy no matter what because a lot of this is actually what I recommend doing quarterly in your business. Like, just as, like, a pure check-in checkup. So this is going to be helpful no matter what. Now the reason I say I recommend doing it quarterly, inside of Her Empire Builder, my membership, we run 90-day planning sessions and this is part of the checklist that we recommend to do sometimes quarterly and sometimes monthly, depending on how tight you like to run your business. However, what I know to be true is that a lot of people get busy doing busy stuff, and don't get around to all of these things. So, it's so important that if you haven't done it monthly or quarterly that you take this time for the end of financial year, or your mid year checkup, and go, I'm gonna get everything tidy, I'm gonna get everything sorted. So in this episode, I'm going to run you through four different sections that I recommend. This is definitely not taxation; I am not an accountant. This is running through money, admin, marketing and you. So they're the four different areas that I'm going to be talking about today that you can have at the top of your mind for end of financial year to give your whole business a bit of a health check. Now, if you're out and about and you're listening to this while you're walking or driving, you can get a checklist with everything that I talked about today, if you want it, like, all summarised in a couple of pages, at tinatower.com/eofy (for end of financial year). So tinatower.com/eofy - I’ll put that link in the show notes as well so that you can download that one and have it as a printed out checklist that you can go through and tick off as you do each of these areas. Let's get into it for your healthiest business ever.

Hi friend. I'm Tina Tower, Business Strategist and digital online empire builder. I've been in business since I was 20 years old and I've since built and sold four businesses. I started in the world of online courses in 2017 and grew to a seven figure annual turnover in just under two years. To say I love the game of business is an understatement. I'm a world traveller, a mamma, a wife, a best selling author, and I love the freedom that we have to create the business and life that we want to live. It takes courage to break the rules and shake things up and do it your way. Through Her Empire Builder, I share my experience and bring you lessons from some of the world's best to help you dream big, plan well and take massive action. It is absolutely possible to run a thriving, growing business that positively impacts the world and have a beautiful personal life without hustling and working yourself into exhaustion. I want that for you. Let's enjoy the journey my friend.

So depending on how your mind works, you may think that the things that I'm going to run through today are super exciting or super boring. I find people are usually [laughs] from one of the two camps. Me, oh my gosh, I love me a spreadsheet. I love it. I love numbers. I love data. I love the feeling of organisation. You know when everything is clean and tidy and organised and done, I'm just like, oh. Lists are my love language. I feel so good when I have, like, a spotless office, all my paperwork is organised, I know that there's nothing lurking in the shadows, like, admin wise, I know I'm on top of everything, I'm like, Now I'm just, like, all ready for growth, because I'm there. The foundation is laid, everything is bare and we're ready to rock, and that's what I want for you. So if you're one of the people that you're like, You know what? I find this sort of stuff kind of boring snoring, hopefully I get to change your mind today.

Okay, so I said four things at the start, but I'm going to kind of touch on five [laughs]. So the five areas that I want to review at the end of financial year are money, admin, marketing, you and also kind of looking at people in team as well, because it's a good time to review that as well. So what we want to do at the end of financial year is kind of take that helicopter view over everything. So we want to rise up in our helicopter and objectively look down on our business and weigh up how we're going. What do we need to change? What do we need to, like, this is a question that I ask myself, not only at the end of financial year, but also at the end of every month is, What do I need to start doing, stop doing and keep doing? So for you, it's looking at, What are the things in your business that you've been putting off that you can start doing now? What got you here won't get you there so what are the things that, now you're up to that level you're like, Before I couldn't do this, but now I can start. Now I can put that in there. So there's always things to start doing. Things that you've wanted to do that you haven't gotten around to or things that you haven't been quite ready for either time wise, finance wise or business size wise. What are those things? Then it’s, What are you going to stop doing? So what are the things that no longer serving you? Do you need to stop saying yes to a certain type of opportunity? Do you need to stop? What is it? There's always things that you’re like, You know what? I don't have to say yes to this anymore. I can stop doing this. Then what do you need to keep doing? What's working so beautifully that you're like, Okay, note to self, don't break that. Let's keep doing that and let's keep optimising that. So they're the kind of questions that I like to start with is just free journaling in going, What do you need to start doing, stop doing and keep doing? So they're the first ones under you.

Now the next one is, what I like to do midway through the year, is look at what I wrote down at the beginning of the year. Now this one is only handy if you actually wrote something down at the beginning of the year, but often we start a new year with a fresh perspective, goals and an idea of who we want to be. So at the mid year, I like to look at, Who did I want to be at the start of the year? What was most important to me and is that still relevant? Am I still wanting that same thing, and if not, who do I want to be now? What do I want to embody and how can I change my daily habits to support that? If it's still the same thing, did I let it go? Do I need to get back on track with that? So for me, when I did this review, there were a couple of things, one of mine was to take better care of myself. So I will often, you know, put most things on the back burner to do with taking care of myself because my number one priority is my family and taking care of them; my number two priority is my business and my number three priority is traditionally me.

So this year, I've tried to move myself up to the top of the list and that was doing things like riding my peloton a couple of times a week, doing my yoga and meditation in the morning and journaling. Doing things that previously I have not even, still, like, one thing that can seem so small in the of scheme of things that when I did this review myself was like, You know what? This is actually really quite a big deal and quite symbolic, is I have been a nail biter my whole life. It's something was genetic because out of my five brothers, four of them all bite their nails. My dad was a nail biter. I am a nail biter, and it just, it just happens without me even realising it. I will go to all this effort and grow my nails and then I'll be thinking about something then look at down at my hands and go, Oh, man, how did that happen? Like, I just don't even know and it's a habit that I find disgusting. Like absolutely gross. I mean, your hands in your mouth, ewww, but despite that I seem to [laughs] have never been able to stop.

So this year I thought, Well, every two weeks, I'm going to go and get a professional manicure and get the gel polish on my nails so that they can stay strong and healthy and I can have, like, a lady's hands. I have never previously done that before for a couple of reasons. One is, I've always thought it's a waste of money. I mean, I'm pretty frugal [laughs]. A lot of people probably don't realise that. I'm very conscious with how I spend my money and so to me, like, getting your nails done, like that's $50 just gone on what? Vanity. Like, that's no, that’s a no from me but it became important. So the money was one thing. The second thing is time. It takes an hour and I’m like, There are so many things that I could be doing with an hour. An hour is so precious. It's not like I can even go there and daydream for an hour, or think about different things or write anything down, like, your hands are there so I can't look at my phone, I can't have my computer or my iPad, and the best nail technician that I have found loves to make small talk. The whole time, small talk, so I can't even daydream. I have to like, you know, make small talk, which I'm not great at [laughs]. I either go deep or nothing at all, so they are a couple of reasons that stopped me. I know that can seem like such a small thing but when I did my review, I'm like, You know what I'm really stoked about? That I have a lady’s hands, and it's beautiful and it's totally worth the time and the money. So that is one of the things that I'm going to keep doing because to me, it is just a symbol of, my priority this year was looking after me and that's something that I'm doing for no other reason, other than looking after myself and doing something extra for myself and feeling good about myself. So that's the kind of example that I'm looking at.

Then I look at under the you section, What am I most proud of? So looking at the start of the year, What am I super stoked about? You know, I had goals, I had dreams, I am living this life that is finite, that is going to come to an abrupt end one day, what did I do in the first half of this year that was like, You know what? Good job Tina, you did well [laughs], because as entrepreneurs as well, like, we don't have bosses. There's no one looking at us, there's no one telling us that we did a good job, so it's important that you do it. I want you to look at what you've done for the first half of the year and look at the things that you've never done before. Look at the ways that you blew your own damn mind. Look at the things that you tried and that succeeded. Look at what you've done. It's amazing. So that's in the you section.

The last one in the you section is reviewing the mistakes that I've made for lessons. So, you know, we don't always hit home runs. I know that, like, I get told all the time, like, “I'm so lucky”, and you know, “We’re no Tina Tower.”, and I always just giggle a little bit if though you shouldn't giggle, because I’m like, Oh my God, let me tell you, I screw up probably way more than the average human, because I try so many more things than the average human. So I review those mistakes. I look at, Okay, what were the mistakes I made?, whether it's personally, whether it's business wise, whether it's investment wise, like, what were the things that didn't work out as well is what I wanted to? Then, How can I take the lessons from that?, because the only thing that is bad about failure is if you don't take the lessons from it, otherwise, oh my gosh, like failure is, yeah, it feels sucky when you're in it, but it is so good because it allows us to learn so much more quickly, and go, Alright. I can change my mind on this. This didn't work out how I thought, I can now do this, and like, just adapt and grow and go to that next level.

So that's in the you section, then I go into admin. Now the admin is probably the most boring part [laughs]. It's the part that is time consuming but also makes me feel really good. So, I generally do this every quarter, and a big one, like in Springtime, because I love the spring cleaning feeling, and that is things like, going through my website and clearing out any pages that I don't want there anymore. So a lot of our websites, we have a graveyard of pages that are still live that are no longer serving us and we don't need anymore, or they have irrelevant information, or they have old things on there that you need to either give a bit of a review, or delete them altogether. So I do that, go through my whole website and go, you know, Am I happy with all of this? I look at my homepage; is everything relevant? I look at all of those sorts of things, and I clean it up. I clean up the database. So I look at the database, you know, we do this every month, the database, but if you haven't done it, like, now is the time. So it's doing all those admin things. I look at my computer and go, Okay, let's clean up the files. Have I had a dumping ground there on my desktop? Do I need to delete a whole heap of files or do I need to organise them, or a big folder that I always have is like screenshots to review. Do you have that too? Like I screenshot things all the time that I'm like, Oh, I want to come back to that or what a fabulous idea!, or different ideas that I have or different things that I see, or people will take pictures and I'm like, I want to add that to my next photo shoot, that's rad, and I have this folder of screenshots [laughs]. Often, they're either on the desktop or they're just in this folder, screenshots to review, so then I look at them and I go, Okay, are these still relevant? Do I need to action these or is it just where files are going to die? So I have my monday.com boards, and I then add them into tasks on there to go, Alright, let's organise them so they're actually useful. 

So I clean up all of that. I clean up all of my desktop, because my desktop, I have the habit of, like, parking things on my desktop, which slows down the performance of the computer. So if you don't regularly clean that, it's going to slow it down. So I do that, I clean out my photos folder. So again, I take so many photos and videos for content for work that I have to delete those. Like, I don't want to keep the video of me, like, walking down the street that I used for the background of a reel [laughs]. Like, I don't need that anymore. So I go through, I actually go through, I clean out all of the photos, I put the photos of family, like the really good ones, in a highlights folder because I mean today, for example, was my son's surfing comp. I took like 20 photos of him doing that. Now I only need one so I'll get the best one and I'll put it in our highlights folder and that highlights folder I share with family as well so that my in-laws can see the pictures of the kids and all of that sort of thing. Then I get some printed from my grandma who's 95. So I have to have that regularly, otherwise, like time disappears and it's just a shemozzle. It’s just a mess.

So we clean up those admin things then I do the paperwork and files. So again, looking at all of the different bank statements we have, all of the receipts, all of the paperwork everywhere. Like, there's, we try so hard to go paperless, but there's still a mountain of paper. So we get it all, we scan it all and then it all gets filed into the right folder so that it's all neat ready for the bookkeeper to compile for our accountant at the end of financial year. So everything's organised so that way, if we ever need to go back and find anything, it's all named appropriately and we can find everything that we need to find. If we're ever audited, everything's super clean and super, super easy to be able to find there.

So there our admin things in there, then it comes to money. Now money is probably the most important part of the end of financial year check. The first thing that I would do is BEFORE financial year ends, so this episode's coming out in the second week of June, if you haven't already, call your accountant and try and get them on the phone this week. So have like a Zoom meeting and because what I find is, a lot of people will wait until financial year finishes to have their meeting with the accountant but there's often many things that you can do before 30th June that will greatly impact your financial position and your tax position in that new financial year and it's often too late once it hits that new financial year. So you want to meet with your accountant and then figure out where you stand and what you need to be able to do with that.

One of the biggest things from my accountant meeting which happened last week for us, was the super top up. So in Australia, we have our superannuation for our retirement funds, which for me being self employed, my super is super behind [laughs]. So when I first started in business, I didn't pay anything into my super for, like, the first 10 years. So I have a very, very low super balance but our government allows us to top that up and backdate it by five years. So now we've got some spare cash to be able to top up that super, which I haven't been able to do before. So if you've got any cash that you're able to put into your super fund, your accountant will let you know, from the ATO portal, how much you've got that you haven't paid into super that you're allowed to top up to get those tax benefits. So talk to your accountant about being able to do that.

Checking your profit and loss statement. So again, this is something I think that you should do at least monthly but if you don't, now is the time to look at your P & L and go, Alright, does this align with my values? Am I happy with all of those expenses there and what do I need to change in the new financial year?, so how's your profit setting because remember, like one of my favourite sayings is, “revenue is for vanity, profit is sanity and cash flow is reality”. So when you're looking at your profit and loss, the number on the top, you're going to have top line for revenue. A lot of the time in business you hear revenue thrown around all the time. You know, “I had a million dollar year.”, “I had a six figure launch.”, ”I had a six figure month.”, like whatever that is, that doesn't mean shit if you don't have any money leftover, so profit is for sanity. So you really need to look at that profit number and go, You know, it doesn't really matter how much money you're making revenue wise, what matters is the profit, how healthy the business is there and how much you're being able to retain. So looking at that and what's contributing to that, and are you happy with where that profit level is sitting. So I always follow my profit percentage. We try and aim for between 20% and 40% profit margin, and that's going to be different month to month for us, based on whether we do events or not. Events cost an absolute fortune so our profit always goes down on the months that we do live events, and obviously always goes up on the months that we do our live launches. So we kind of look at it as an overall for the year so that we can look at it all equalised out and make sure that it's all there.

Then cashflow is reality. So again, often you can look at your profit and it could be, say, $100,000 but you might only have $30,000 in the bank and you go, Well hang on a minute. If I've made $100,000 on paper on profit, where is that money? Why is it not in the bank?, and so it's being able to look at all of those things and going, Where is your money? What did you do with it and are you happy with what you did with it?, and that way you can change those behaviour and habits if you're not happy, and if you are happy, you know what you want to double down on for the coming year ahead. The worst thing you can do is stick your head in the sand. So what I want to say is if you're not reviewing these things regularly, now is the time to start doing that.

So that's your profit and loss statement, then the next thing I want you to look at is your balance sheet. So if you're using a program like Xero, or MYOB, for your accounting, this is super easy to do. You can just get your balance sheet open. I can't believe how many people I talk to and I go like, “What's your position on the balance sheet?”, and they're like, "What? Where do I find my balance sheet?” I'm like, “What? No!” [laughs]. Now if that is you, you're listening to a podcast, I don't know who you are, only you know who you are, what I want you to do is look at your balance sheet. Your balance sheet is super, super important. It will show you how much money you, like your assets, your liabilities, how much money you've drawn out of the business without actually officially drawing it out of the business which can be a huge tax liability if you're not setting it up right. So, look at your balance sheet, make sure you're aware of everything on there.

When I looked at our balance sheet for our end of financial year at the beginning of June, there was about three things that were incorrect that I was like, Actually, this doesn't belong on the balance sheet, we've got to move that into the profit and loss, so there were things there to tidy up and to move and if I hadn't looked at that and reviewed it, it would have had massive tax implications. So there's some things that yes, your accountant and your bookkeeper can do and know, but don't abdicate responsibility to your numbers to anyone but you. You’ve got to be the one that understands it and looks over it, and if you don't understand it, ask your accountant to tell you all about it. So never be in the position where you feel like you don't want to ask those questions because you don't want to appear silly. I am always the person to ask the stupid questions and I'm never the person to say, "I'm sorry, I have a question.”, or “I'm sorry, I don't want to sound stupid but…”, because the only way we learn is to ask all of those questions. My accountant is beautiful and graceful, he will spend a long time [giggles] explaining to me and he will, he's a patient man, he will spend, like, 15 minutes explaining one concept to me, and then I'll go, “Mmm, I still don't get it.”, and he's got to explain it in a different way because I know it's my responsibility to understand it so I can ask better questions so I can look after our money better in the future.

So it's looking at those things with your accountant, then I recommend doing your financial position spreadsheet. So if you haven't done a financial position spreadsheet before, it's a spreadsheet I've done every year since I was 18. So it's like a list of personal and business in going, Okay, these are the properties we own. These are the shares we own. These are the investments we have. This is the cars we have and their value and their liability. This is, like, everything. Assets, liability, equity; looking at all of that and how much money we have left over so that I can see our financial position. Measuring that every year, it's actually really beautiful because I get to go back and see how far we come. I get to go back and go, Oh, that was a doozy of a year. We didn't do so well there, and then I get to go, Wow, look at the improvement we made on that year. What do we do there?, and so it's really nice to be able to see and know and track and measure because you want to see, like, where you're sitting and what your goals are so you can be inspired to keep building on that financial position and your wealth for the future as well. Especially, like, I know there's men and women that listen to Her Empire Builder and I love you all, but women often finish life with far less wealth than men do, so I am all about women being aware of their money and taking ownership of that. If you want to learn more about that, I have, like, one of my beautiful clients, Melissa Brown, who runs My Financial Adulting Plan, is mint in education for finances. So you can find her on Instagram at @moremoneyforshoes if you want to follow along with that

So that's financial position spreadsheet. I then start checking over all of the different financial things that we do. So I look at all of our subscriptions. I go through our credit card statements and go, Okay, what is everything that were subscribed to?, and when I did it this month, it was like 25 things, like so many things, that I was like, We don't need to pay for that anymore. So things that can seem so little at the time, because, you know, it's the cents that make up the dollars, and I know that sounds really silly, but often it's the little expenses that add up, not so much the big purchases that make a difference consistently in the long run. So I looked at, you know, I spoke to our family and was like, who still watches like, we were paying for Netflix, Stan, Disney, Apple TV and Amazon Prime, and I'm like, What on earth, like, no one even barely watches TV? So I’m like, Okay, we can pick two. Which two do we want?, and so we cancelled the other three. So we look at those little things and go, Alright, all of those subscriptions, what are we still using? You know, I was paying for Audible because I was doing a bit of travelling and thought, Well, I'll listen to audiobooks, but when it comes down to it, I don't like listening to audiobooks. If I'm going to listen to audio, I listen to podcasts, and if I want to read a book, I read a book. I don't necessarily like books in audio form because they sound different. I like podcasts that are more conversational to listen to and I like, anyway, long story, but I cancelled.

So there's a lot of subscriptions that you may be paying for that you don't need or you're not utilising anymore. Even if you go through them and you still want to keep them it's a good reminder to go, Oh yeah, I'm paying for that. I better plan to use it [laughs]. So it's looking at all your subscriptions, then you're going to look at all your insurances. So a lot of us have so many different insurances. You may have life insurance, public liability insurance, professional indemnity insurance, home insurance, car insurance, health insurance, like, there's all the different insurances. So you're going to look at all of them, and then go on to something like comparethemarket.com, pick up Money Magazine, look at anything and go, Have I got the best deal for my current situation?, and if not, make those changes. So it's just this line in the sand to be able to go, Am I doing everything that I need to be doing? Have I got the best deals?, and then I look at the same thing with like phone, internet, printer, all of our suppliers and equipment, or anything that we're paying for. We look at that, we review it all and then see if there's a better deal. I am always the person that will, like, I used to have this debate right with friends of mine that go, "Tina, you do this and you'll switch for, like, saving $50. Aren't you better just to save the time and then do that?”, but to me, it's actually, like, I spend a day doing all of this. I almost feel like because I'm managing my money and I'm like, I see you. I care about you. I love you, it makes me feel more in control financially. I think it makes a very big difference, even if you've saved $50 for switching something but often it's a hell of a lot more so it's worth reviewing all of that.

If you're paying car payments, anything like that, like, we review that now, and then we review credit cards. So for me personally, and again, don't take this as financial advice, I just want to share my experience so that you can think about your own experience, but our credit cards that we use in our business were all Velocity American Express cards because I fly Virgin, but because Virgin is not flying too much overseas now, I was like, Okay, we need new credit cards, and so I looked and we got the American Express Platinum Card, and never have I ever thought it was worth it because it's like $1,500 a year in card fees or something like that. When I looked at it, because of all of the lounge access, because of all of the points that you can get, you can pay your tax bills with it, like, all of these different things that you can do, I'm like, Oh my gosh, we're going to make way more than the fee is going to cost. So reviewing those credit cards and comparing them with each other and then making sure that we're maximising the benefits that they come with, it’s a good time to do at the end of financial year in there as well.

So we look at all of that and we go, Okay, where do we need to up our spending? Where do we need to down our spending? I think I've said it on the podcast before, I'm not sure what episode, but there’s, I work in a profit pie so I go, like, when I have 100% of my business, I've got it in Million Dollar Micro Business, that’s what I've got it in. If you've read Million Dollar Micro Business, you have seen this. So with my business, I go, like 4% goes to education, 4% goes to charity, 10% goes to course costs, like, I've got everything broken up into what is my healthy profit pie for that. So that's when I review that and go, How did we go? So I get my profit and loss and then I go, What was the percentage of everything spent and what do I need to dial up that was too low? Like, if I only spent 2% on marketing, I know, you know, I should probably up that spend. If I spent, I can tell you which one has blown out this year. You can probably guess which one has blown out for me this year right? Travel [sighs], but I can look at that and go, Okay, that percentage is blown out like double what it was supposed to be, so I know that and so I need to then look at the rest of my pie because 100 points goes real quick and go, Okay, where do I need to take that money away from? So if I've dialled that up, what do I need to dial down so that I don't leave myself short and my income stays consistent so that our profit level stays consistent. So knowledge is power and that's really what it's all about. If you're going to dial something up, you need to dial something down and the only way we can do that is to be all over the top of it.

So yeah. That is, oh yeah, people. I wanted to add people in there at the last minute. So that is our fifth thing. So we've talked money, admin, oh, and marketing [giggles]. I've written these things down on my sheet in front of me, but I haven't said them in order which is why I just bumped around. So the fourth, we talked about you, then we talked about admin, then we talked about money; marketing is number four. So looking at, like the health checks for marketing in going, Are all your socials up to date? Like, if you look at, your main channel probably is. Like, say your Instagram is your main channel, your bios probably are good to go there, but what about your secondary channels? Like your cover photo on Facebook that you never go and see, or your LinkedIn profile or anything like that, just doing a check through of all those things, and making sure the pictures are up to date, the links in the bio are up to date your descriptions up to date. Like, it's easy to find you and find what you want people to be able to find. So doing a check of that and I kind of mentioned this in admin, but making sure your homepage is looking fly. Making sure, like, all of that front facing stuff is all, there's no clutter there. There's no rubbish there. Like, you've got everything clean and tidy.

So that's in your marketing and then the last thing I review is people. So like, Are there any uncomfortable conversations that you need to have?, and when I look at people, I'm talking both team and clients. So going, Is there clients that you're working with that you no longer want to work with, that you can move on?, or is there any sort of subset of your client work,  say you're doing “done for you” things and you're like, You know what? I've got to this level, I don't need to do that any more. Like, can you turn that down so that you've got more capability to turn up the area that's really bringing you joy. So that's kind of an overview of looking at that with clients, and then looking at team going, Do you have enough? So this is often told by your profit as well. Like, if you've got 20%, something like that on team costs, which is pretty normal. You know, if you're down to 15%, it's probably that your team is going to be under pressure so you're going to need to start hiring some people because the business might be getting a bit too big for the people to support you with that. So do you need to hire more people or, like, the opposite of that? Are there some people that aren't quite pulling their weight? Do you need to have those uncomfortable conversations or do you need to find them some other opportunities? Or do you need to change their job description? Like, is everyone where they should be and is everyone thriving and having a really great time. So it's looking at that with people.

So that's the five. That is the five different areas to be able to review for the end of financial year so that you can feel like you've got everything under control and you're all good to go. I would love for you to share with me because I know that this is a lot of admini sort of stuff, and often when I do these episodes, I go like, Do people like these or do they prefer the one I did last week where I'm talking about risk, and it's more just idea based? So I would love if you could let me know on Instagram, so @tina_tower, what was the one tip that you got out of today? What's that one thing that you're going to do for end of financial year? The day that this episode is released, I'll do a question sticker for that, but I would love to know; what is the one thing that you're going to do for end of financial year that you wouldn't have normally done if you hadn't listened to this episode that has helped you quite a lot.

The biggest thing that I want to leave you with is making sure, I mentioned this at the beginning, but the one that I want to leave you with is making sure that you've looked at the past financial year and that you give yourself credit where credit's due. That you go, This was another year that you did in your business. You went above and beyond. You took the risk, you stepped outside your comfort zone. You’ve tried as hard as you could to do good work with good people and you should feel really proud. I want you to take note of those things that you feel proud of so that you can give yourself that pat on the back and draw that line in the sand and go, Yeah me! [laughs], because you did it! Happy end of financial year.

Thank you so much for listening to this episode of Her Empire Builder. If you loved it, please share it on Instagram for your friends and be sure to tag me at @tina_tower so I can say thank you and if you really want to deliver me smiles, you can pop a review on Apple podcasts. I would love to hear from you so if you have any questions at all, email me at [email protected] and if you would like to work with me further, all of the free resources and my courses can be found at tinatower.com. Now I truly hope this podcast gives you so much value, and you can use it to dream big, plan well and take massive action in building your very own empire that's just for you. Have the greatest day.