As I continue to make the journey from being a self-employed freelance copywriter to an actual business owner I’m realizing I have a lot of old “self-employed” mindsets I need to change.
One of them has to do with how I think about money.
Even though I’ve always maintained separate bank accounts for my business and personal finances it all sort of felt the same.
When I needed to pay myself I would just see how much money was in the business account and then I’d subtract any upcoming expenses (there wasn’t much) and then I’d decide how much I could pay myself that month.
I never really paid attention to how quickly clients paid or how much profit I was making, because frankly it all felt like profit since I was just a one-man show.
But now things are different.