How to Manage your Money as a NEW Entrepreneur (Don't go BROKE!)

[@lighthouselithium]

"just because you have money doesnt mean you should spend it " lmao ....my LIFE ; going to hear your voice EVERYTIME i go to buy something i dont need

[@NatalieKeeton]

Thanks for the transparency! Money management is the TOUGHEST part of your first couple of years in business. All of this advice is totally accurate.

[@TheCourseConsultant]

I know I'm so glad that she is able to walk through each of the cost-effective steps!

[@Tatiana-nb4qf]

By far the BEST advice about how to quit your full time to start a business. I hated how everyone else had the same advice which was to either “work on your biz until it makes as much as your full time” or “save up 6 months and quit” because both are equally stressful. But your approach makes more sense. Just knowing that we can quit our ft job to get a simple part time job makes it seem less scary to start a business. Thanks so much Vanessa! ♥️

[@VoyagersRevenge]

Definitely tuning in! Not sure if I've ever made it to a premiere of yours! Busy busy.. But I always find time to venture back to my digital library haha! Need to absorb this knowledge. Avoid going broke!

[@influencerunchained-digita4763]

Vanessa is our godsend mentor who delivers insane value for FREE 🙏 I'm totally on board with viewing costs and income in terms of percentages, since they represent relative value while straight up numbers are somewhat...arbitrary (i.e. "$100/day" is just a "neat-looking" number) Btw you've just convinced me to go back to Elementor. Anyway, thanks for another super helpful video!

[@MichaelBordenaro]

By far saving time is the best tip! I have been in business for myself for over 10 years. Time is the one thing you can never get back. Can always make more money, learn a new skill etc, but can never get back the time...

[@MichaelBordenaro]

That’s right Vanessa, time is all we got 👌

[@whitneydb6]

I could listen to you alllllllllll day and not get bored 😫. You’re beautiful, educated, well spoken, full of advice and you seems so humble and helpful and willing to help any creed and race ❣️❣️. Learnt so much from this video boo 👌🏿

[@whitneydb6]

Vanessa Lau you aswell luv and you’re welcome ❣️❣️

[@EmpoweredCrystals]

Great advice. I worked full time and invested back almost everything for the first year until I was established enough to leave my job.

[@KaiVertigoh]

Thank you so much for these videos Vanessa, it feels like I have a friend in my corner in times when it doesn’t always feel Like I have someone to talk with or learn from. The effort you put into KZbin videos are well worth their weight in gold!

[@ztcanadacareersite]

You always are a good presenter and you are so inspiring Vanessa! Please keep it up. Sincerely I'm your biggest fan

[@LeydiMorales]

Omg that’s me who asked the question @The_Leydi!! Thanks Vanessa for answering my question! I just started the video but I know I’m gonna love it and apply it to my life as I venture out on my KZbin career !!!!

[@TheCourseConsultant]

How exciting! Keep up the great hustle! I love that I quit my full time job and now am pursuing my passion as well!

[@samuelmulike2265]

Vanessa you are doing amazing with your Channel , keep doing your thing

[@Chantellemarketing]

Money management is so important I'm glad you did this video!!! It can be a struggle to get your head around the numbers especially if your a creative

[@chillvibes1748]

Money management for new entrepreneurs could be hard and i appreciate that you are making videos for people who want to be entrepreneurs. They would take your advice on how to manage and be consistent as a new entrepreneurs. Depends on how much time they would invest. Do not give up, however take it easily as you wouldn't want to go Broke. I would be looking forward for theses tips. Spread Positivity.

[@JacobMichael]

Thanks for doing whatchu do! :D You rock honestly! :D

Vanessa is my inspiration! ♥

[@ankisvlog]

👍👍

[@BemPoliglota]

I think I'm on the right track! I got a part-time job and I'm working on building my own business but I can't wait to work online full-time so I can travel more!

[@BemPoliglota]

@@VanessaLau your channel has been helping me a lot! Thank you!

[@HazelnutCrushASMR]

You’re such a charismatic person and your videos are gold. I’m trying to become less dependent on KZbin and your business advice from is just the best 🙂 Thank you! I’ve been binge watching since yesterday ♥️

[@denissemitchell9891]

Yes more finance in business please! Love you so much for this inspo.

[@TheCourseConsultant]

@@VanessaLau Absolutely agree with you!

[@TheCourseConsultant]

It's golden! I love Vanessa's channel. She's #goals. I actually have some personal finance and business videos on my channel if you want to check it out! :)

[@AngieNFilms]

LOVE LOVE LOVE the quality and all your tips of course :)

[@TheDailyChat]

so much free tools and knowledge its overwhelming! mind blowing ! wow so thankful!

[@akif4201]

I love your channel!!!

[@xochitlcamacho9586]

New equipment looking good!!!!! 👍👍👍

[@marketingwithnaila4734]

Great video once again! I recently got my old part time job back after quitting to be a stay at home mom. You can't grow a business without cash flow 💯

[@TheCourseConsultant]

Great point! I paid off all my student loans and then used additional money to save towards investing in my business. I'm so glad I have financial freedom now! So exciting that you are choosing yourself and your family by taking this chance.

[@yvonnebennett4489]

Great practical information. Thank you Vanessa! 💜

[@siphosongelwa6124]

1 of the best videos I have seen on the topic of entrepreneurship. 👌🙌💯

[@daneevawent-king8487]

Thank you so much.. that first tip was great❤

[@Cubuntu]

I just walked off a fulltime assistant manager job to take another job that pays slightly more with absolutely no responsibility anymore still fulltime, but gives me plenty of time to work on starting up my business while I work fulltime to pay bills still with that peace of mind.

[@athenaashleybates4363]

Yessss! I see that video quality🙏🏾🙌🏾

[@digitalmarketpreneur6712]

If you want to quit your job, you have to go all in but be smart about. This are great tips thanks Vanessa, is why i’m working on my business as i still work my full time job. And my job does not required me to take work home.

[@thefearlessfemalepod]

I could watch your tips all day, I definitely need to invest in some coaching or a course. Just want to make sure it’s 100% right for me. Thanks for sharing everything as always 👏

[@kirklugg82]

That was a excellent video Vanessa, you really know what you are talking about, your knowledge and experience speaks volumes, thanks for that amazing video.

[@Ninapopwilliamschannel]

I definitely agree about getting a little job because i quit my job with no plan b and did side hustles like uber eats, flex etc. and it is that constant worry plus business building. Then in between me starting to see results i quit business cold turkey! Now getting back at it. I’m also learned a few skills along the way that i can now charge for. I would say my biggest take away from this is the percentage one I’ll make $100 and then spend $60 on one thing and that is just not worth it when you think about it like that.

[@adabillions]

I always wonder why people dislike Vanessa's videos that's so stupid😪..Great video..thanks for your tips kin how to manage our funds Vanessa...I gat the investment so well

[@adabillions]

@@VanessaLau you're welcome Vanessa

[@denissemitchell9891]

They’re just haters honestly cause this girl knows her stuff and provides great content.

[@adabillions]

@@denissemitchell9891 yes she does know her stuff

[@TristanChiappetta]

Vanessa you blow my mind again. Love these tips. A new lesson for me every Sunday and Wednesday. Thank You! 💖💫

[@gabriellandaeta]

WOW thank you vanessa your content it is so accurate and useful

[@gabriellandaeta]

@@VanessaLau thank you for sharing

[@stellaelise1]

Thank you for NOT making the exact same video as everyone else. I watched three videos before this (not using entrepreneur) and they were exactly the same word for word. I have a part time job on the weekend but I'm still struggling but I am sure it's because I am not being smart with the income I do make. I will be signing up for BGA this year for sure!

[@intheworldofmari]

You got a new lens! I love the look😊 great video once again ❤️

[@TheCourseConsultant]

Wow! Can I just say you are so awesome! I've been following your channel for awhile and I've told everyone about your channel. I'm actually a finance coach and business mentor. I recently started doing my business full time and it is so easy to get shiny object syndrome! But I think it was a great question you asked,"Will this make me money?" This is so true and being reflective about purchases can also help. Like, what was the ROI on this in terms of sales generated or networking built? I love it!

[@yuranimations]

Thank you so much Vanessa for this hihi i love it

[@meaghanlm7953]

I can totally relate to this . Watching my bank account drain caused me to operate in fear . I ended up getting a part time job 😊

[@teklarudwin3380]

God I am on your waiting list for your next class. You give so much knowledge.

[@jackiek4159]

All of these tips are dead set accurate! 👌 Thank you for this video! Loving all of your money videos! 🙌❤️

[@TheCourseConsultant]

These tips are golden! As a financial coach and business mentor I feel like the accounting stuff often escapes people so I'm glad this is being covered.

[@JelisaSmith]

Great video Vanessa! I loved the tip on looking at expenses as percentages. This could’ve saved me some money in the past lol But I got it now!! Thank you💛

[@TheCourseConsultant]

Have you checked out the profit first method! This method radically helped me get visibility on my business finances and I've actually done a few trainings on it as well.

[@SeanKBeauty]

This is good stuff I am building my business but still working to fuel my business. Thank you for reinforcing this .

[@TheCourseConsultant]

Keep it up!

[@SeanKBeauty]

Melody Johnson Thank you so much for the encouragement.

[@TheCourseConsultant]

@@SeanKBeauty you're welcome!

[@AlexMercersRevenge]

Honestly I would recommend starting a business super part time while working a full time job.

[@Ernest-w8f5u]

Thank you, Ernest Pule from South Africa

[@letsartwithdimka4110]

Thank you Vanessa! Can't wait for the next one! Greets!

[@SandySaintilus]

Umm...is it just me or does this boyfriend sound like a keeper! Be a boss, date a boss, build an empire! Love your videos girl keep it up♥️

[@dorisjohn1779]

So good to be on your live stream Vanessa👍🏻

[@JhalisaJohnLaForest]

Your new camera quality looks amazing! 😍

[@AwwsomeeXiongg]

The last part you mentioned is true! Not many talk about the little things about tax etc. do you have a video on it??? I’m starting a business but kinda lost on where to start off first.

[@jacqmadz3083]

aww, love the equipment upgrade vanessa! 😍👏🏻 excited for the new set-up though I’ll definitely miss this background ...agree on all these points!

[@alainfaber]

Loving your professionally produced content. Great work

[@alexspat7248]

wow so much value!!! I love tools that safe time!!

[@rochelle9647]

Guuuurl did u get a new camera??! Your video quality today is popping Vanessa!!! I love it.

[@rochelle9647]

@@VanessaLau Yaaas! Can't wait for it either. Keep up the good work!

[@Erikajxoso]

Your videos are so helpful and informative! I’m so glad I came across your channel! Your personality and knowledge go hand in hand, thanks for sharing your tips and giving us beginners advice 💜

[@The_Open_Book]

Good advice, I'm aspiring to be an author semi-full time and a lot of influencers talk about just going for it and putting in the time, taking a leap... but it's better to be realistic, keeping a part-time is a great idea. SO is seeking professionals, you gotta invest properly in editors that are worth the money etc.

[@doaatube3715]

Love your vid!!! Your the best thanks for all the info you give out!!! Ps im a small KZbinr!

[@sweetcupcake6104]

I know right she has the best videos and all ways trying to help people!!!

[@sweetcupcake6104]

Btw just sub to you! Love your vids and editing!!!!! Their amazing!!!

[@doaatube3715]

@@sweetcupcake6104 shes my favorite KZbinr!!!!!!!!

[@doaatube3715]

@@doaa7288 omg we do!!!!

[@doaatube3715]

@@doaa7288 thanks! And i am working on tips videos!!! Hope you also think their helpful!!!

[@halimaawale1868]

It would be really nice if you could make a video about how teens could manage business,school and free time. Personally I struggle with this very often. Love your videos btw, you give so much value ❤️

[@esejoy3148]

You are awesome... i like your new background

[@careerpathdreams]

Hey Vanessa , I liked your 1st tip that we should have some partime job while maintaining our KZbin channel to run continuously . So that money will be inflow to run our house and we can get get success in our channel one or other day like you did . And of course consistency is really important for any channel .

[@jgomezup1676]

Awesome video !! Nobody is talking about this in KZbin ; very important stuff !! Dope value as usual

[@TheGipsyJourney]

Again, an other great video Vanessa! Right on time when I was starting to stress over money. You are like a super hero hahaha. Thank you💛

[@TheGipsyJourney]

@@VanessaLau Always!! 🙏 BTW, I wanted to do your course but I saw it was only for coaches? Or maybe I didn't understand well🤷‍♀️

[@TheGipsyJourney]

@@VanessaLau as content creator too?

[@AngelCabaron]

As usual, this is a very helpful video. Thanks Vanessa!

[@Dannybal254]

All the way from Kenya.... Thank you for the tips on how to save my money....

[@SimplyMeRosie]

Great tips..Thanks for sharing..😊

[@byjanerey]

THANK YOU VANESSA 🙏🏻❤️

[@LifestyleCritic]

Loving these videos, going back to the topics at the start of your channel! 😎👌

[@neverstopmovingforwardfitn7277]

Thanks for all your pointers

[@mariagva]

I love this video! & yes you should make the little videos about being more cost efficient in business, I would air so much!

[@taisenscoolstuff732]

I've been learning more and more how to manage my finances, so thanks for these tips Vanessa!

[@hilaryjennifer]

yaaay I love the quality video! Thank you for the advice!

[@quinandvin5287]

I love all of your videos. Currently, in Vancouver, like where you at tho! Thanks for all of the help always

[@quinandvin5287]

@@VanessaLau Lol I wish! I do long distance haha. Im from Vegas :)! But I'm here every two weeks.

[@bagomilk11]

Vanessa your videos are so so helpful! They're so well thought out, organized, and easy to follow along. I've been working on my own business for about a year now (started selling product 7 months ago) so I'm here for ALL the tips I can get! I liked the tip where you said we should be looking at our expenses as a percentage of our income. Smart!! In one of your future videos, could you talk about taxes and such? Like when do you charge a customer tax, what do you do with that money, and how to put away money for tax time and how to estimate how much to set aside, etc! (I think you may have touched on this a bit in a previous video) My Shopify automatically calculates the tax for my Canadian customers, doesn't charge my US customers tax, and Amazon doesn't charge any of my customers tax. I haven't figured this out yet! P.S. Did you get a new camera/lens? Looks great! :)

[@StumblethroughProductions]

^^^ best youtuber out there. thank you for talking fast and providing value !

[@masakololaisa325]

I love your advice ❤

[@fallenslave6684]

Thank you Thank you Thank you Thank you

[@AndiieTee]

Does anyone ever wonder if someone from these comments will be the next Emma chamberlain, Gary Vee, etc...?

[@adabillions]

We will

[@dorisjohn1779]

Andiie Tee that would be me.....watch the space

[@taisenscoolstuff732]

Hopefully all of us!

[@alainfaber]

It is my dream. I started 4 months ago and growing. Good work on your channel.

[@bvhimanshu]

How did you added comment before video got aired 😱😳

[@aditiparekar]

This video is amazing I just don't have words love your work😍❣️

[@billyfradys]

Hi Vanessa, Happy Sunday! Which link is the correct link to purchase the microphone that you're using to record your KZbin videos? I'm also wondering if it is wireless and/or bluetooth... 🤔

[@RemainForeverHealthy]

This is great video. You look so professional. Nice suit and background.

[@elestanteliterario]

Holy ssshhht Vanessa. I'm actually thinking on doing what you did: getting a part time jog to fully work in my channel. I'm quite scared tho to not be capable of organizing my time and monetize my job. Any advice there? By the way... your videos look soo good with the new equipment. Congrats ;)

[@LaurenDayMakeup]

Excellent video Vanessa! Love the new quality of your video. Congrats on your first Premiere! When you were talking about not spending money on branding and then talking about buying a Chanel purse, I was like 😱😡 I am so glad your boyfriend talked you out of buying that $10,000 purse! 🤗 Marry him!

[@alejandromesa2142]

Vanessa! I could save you some time what Gary vee and Jay shetty do is while the do there videos they have another phone or camera recording ther voice so they have the podcast and people can listen while their at the gym or driving!

[@shaymamog3367]

Thank you, your videos become ine if mu every week routine.

[@zenspace6035]

Hello! I am on waiting list for august but I havent had any updates yet. Been waiting for nearly 2months for early bird

[@stefnegrin3120]

Amazing information in this video as always

[@MyPrettyEverything]

Great tips darling!😍💕

[@ankisvlog]

Vanessa you are really good I love your vlog . You actually inspire everyone .. thanks a lot 💕💕 love all your vlogs

[@tranle07]

Learn so much from you.

[@SuperMoonem]

I would love to attend your meet up seminar someday!

[@mab_academy]

Amazing amazing amazing content. U never disappoint mentor 😁 learnt alot.

[@shervinmohammadian3688]

Great video as always!!

[@yuranimations]

Hit like if you love Vanessa

[@purplekevin]

omg this is so useful! thank you so much (:

[@gokulsv135]

Vanessa... How do u talk this energetically on videos? I tried filming videos but I'm not satisfied with how I talk and present the content. Bcz of that I'm not able to start a KZbin Channel 😔.

[@CareerexcellencewithMadhurima]

can u pls make a video on wat courses have u taken so far?

[@reishiki_eito]

1:27 i'm having this problem myself. but i'm actually struggling to translate that into core decisions because although i'm in the uncomfortable zone, money runs out all the time. it's like it's not an actual problem and i can solve it..eventually. and this mindset is actually detrimental for my business, my work and myself.because it's not happening or the steps that i took doesn't necessarily helping by a lot. i don't even know what problem i'm actually having but if you or anyone have a piece of or a lot of advice for me, please do tell me. thank you.