• Why Most Solopreneurs Fail at Finances—and What No One Tells You with Melissa Mittelstaedt

  • Apr 2 2025
  • Length: 28 mins
  • Podcast

Why Most Solopreneurs Fail at Finances—and What No One Tells You with Melissa Mittelstaedt

  • Summary

  • Melissa Middlestadt doesn’t just talk money—she demystifies it. In this no-BS episode, Melissa unpacks what every solopreneur really needs to know about their finances—from why separating your personal and business bank accounts isn’t just a suggestion, to how avoiding your cash flow could be the exact reason your business won’t grow.

    Lexie and Melissa dig into the emotional weight behind money, sharing why your financial habits likely stem from your childhood, and how to rewrite your story with small but game-changing shifts. Melissa breaks down the differences between financial consultants, bookkeepers, and advisors, and shares her go-to “money relationship scale” to help you measure where you’re at—no shame, just clarity. Plus: her top book recs for money mindset that don’t suck.

    In this episode, we discuss:

    • What’s the difference between a financial advisor, a bookkeeper, and a financial consultant?
    • How do I separate my personal and business finances as a solopreneur?
    • What are the first steps to improving my money mindset?
    • Why is cash flow such a big deal for small business owners?
    • What books actually help with financial literacy for coaches?

    Join the FREE Exclusive Network of Coaches

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    Learn more about Melissa Mittelstaedt

    Instagram: https://www.instagram.com/_melissamitt/

    Website: https://www.melissamitt.com/

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