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Description:
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Can you make money and do good? It's possible to be both an ethical and profitable business, but making money can also make you feel guilty.
Money is often strongly linked to our emotions and our attitude towards money depends on a lot of different factors, including how you're brought up, how you spend money and how much money you have. Lots of ethically-focused business owners often experience feelings of guilt when trying to make money or ask for the sale - and in the ethical and social impact sector it can feel like a dirty word. So how can you overcome those guilty feelings, make more money in your business and do good?
In this episode we'll explore the different business structures in the ethical sector, as well as the different ways of maximising your positive impact by re-investing your profits. I'll share some common mistakes I've seen ethical business owners make. We'll also discuss how to focus on the finances and increase your income, and I'll share a handy tool you can use to overcome the guilt and grow your business.
Further reading: what is a social enterprise? https://ethicalhour.co.uk/social-enterprise/
This podcast episode was inspired by an #EthicalHour Twitter chat sponsored by Danielle Anderson from Step and Stone. Find out more here: http://www.stepandstone.co.uk/make-money-and-do-good/ |