How to manage your money as an agency owner - interview with Megan Winter (EP#94)

Season #4

How to manage your money as an agency owner - with Megan Winter 

Making money is one skill. Knowing what to do with it once it lands in your bank account is another.

Meet Megan Winter, founder of Good Kind Media, Meta ads expert and the star of episode 2 of the Peach-opoly series.

Like so many marketers and agency owners, Megan is great at earning revenue. It's how to spend and manage money that feels harder. When you have the right system to manage your money and someone to help you make great decisions (Fi!) managing, organising and spending money becomes so much easier. 

What you'll hear in this episode:

  • Why making money and managing money require different skills.

  • Choose your hard. If you're going to be a business owner, you need to make good decisions that push you towards your goals. Not run a hobby. 
  • Specialise how you make money. Diversify how you invest it.
  • Employees or contractors? There's no right or wrong answer, only what suits your business model and your leadership style. 
  • Why Megan chooses specialist contractors for Good Kind Media.

  • Having a system to manage your money (Profit First) means you'll always have money for things when you need it. Including paying the ATO on time.
  • How forecasting and planning can create more freedom, not less.

  •  Why Megan believes in specialising how you make money and diversifying how you invest it.

Take a look at Peach-opoly.

Check out Megan Winter and Good Kind Media. 

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In this podcast, Money Secrets, host Fi Johnston, Chartered Accountant, small business advocate, and impact enthusiast, dives into the conversations we need to have about money. Fi’s mission? To get more money into the hands of good people, like you. She believes small businesses can change the world, but only if we're making money and managing it well.

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We're excited to hear from you with questions, feedback or suggestions for future episodes that you might have. Say hi: hello@peachbm.com.au 

If you're excited for what’s to come, please like this episode, follow the podcast and share it with your friends. We are thrilled you're here.

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This podcast episode was recorded on the lands of the Wurundjeri People of the Kulin Nation and I'd like to acknowledge them as the Traditional Owners and custodians of this land and water that I live, work and play on. I'd like to pay respect to elders both past and present, and note that sovereignty has never been ceded. This always was and always will be Aboriginal and Torres Strait Islander land.