If you are a budding entrepreneur with great business ideas, but limited expertise in the financial side of running a company, you’re going to need a little help.
Even if you have great business sense, a poor understanding of business finances can end your entrepreneurial dreams before they even begin.
Luckily you live in an age that is overflowing with easy access to resources that will educate you on the best financial business practices to keep in mind.
While there are countless resources out there to help new business owners with finances, you might try a few popular podcasts to help you along the way.
4 Best Podcasts for Entrepreneurs
Even if you’re currently at minus zero in terms of disposable income to invest, the advice of these experts can help you transform your financial dreams into realities.
Take a look at some of the best podcasts for entrepreneurs who are clueless about the financial side of business:
1. Success Stories
Popular financial expert, author and television personality Farnoosh Torabi’s podcast, So Money, offers a wide range of financial advice in an entertaining interview platform.
Listeners can expect to hear the financial philosophies and personal success stories of such well-known successful entrepreneurs as Seth Godin and Tony Robbins.
Every weekend the podcast is devoted to answering listeners’ questions, which means that the discussions will tackle real life money problems that individuals and businesses experience.
This podcast recently won first place and the title of best financial podcast of 2015 in GoBankingRates’ “Money on the Air” competition. With advice from countless business and financial professionals,
So Money will likely cover some of the questions you have about financial practices for your business. If you are lucky, one of your own questions might be covered on the show.
2. Avoiding Scams
The Clark Howard Show focuses on making the most of every dollar through being an educated consumer. In addition to listening to the podcast, listeners can also call in to his radio show with questions every weekday from 1:00 to 3:00 p.m. EST.
Host Clark Howard is an expert on consumer affairs and how to spend less and save more while avoiding common consumer pitfalls. His nationally syndicated show even has a mobile app so you can download the podcast directly to your smartphone.
Not only will this show teach a budding businessman or businesswoman how to rein in spending, but it can offer amazing insights about how consumers spend their money as well.
Following segments that relate to your industry will allow you to keep a finger on the pulse of your customers, and gain insights about what they want. This can be especially helpful when it comes to pricing the products and services for your startup.
3. Advice from the Experts
The Entrepreneur on Fire podcast operates seven days a week, and is hosted by John Lee Dumas, an extremely successful young entrepreneur himself.
Every episode features a different entrepreneur’s story, complete with the “failures” that they chose to view as learning experiences on their way to success.
At the end of each interview, listeners are given practical financial advice that they can apply to their own business ventures. The segments cover common questions of first-time entrepreneurs, as well as issues that startups run into during the first few years.
Most importantly, professionals lend their advice about the biggest mistakes to avoid when launching and growing a business.
Many entrepreneurs go down in flames because of their lack of financial sense, so don’t let your inexperience cost you your entire business.
Take notes from the pros about business spending and budgeting in order to avoid the common financial pitfalls that so many entrepreneurs find themselves guilty of.
Entrepreneur on fire also offers a webinar course, as well as a free podcast course for the more serious entrepreneurs who are ready to tackle their business inadequacies.
4. The Psychology of Money
The Dave Ramsey Show has a proven track record for helping people experiencing financial difficulties get on the right track towards financial independence.
As the third largest syndicated talk show in America with over 8.5 million listeners each week, this host offers supportive understanding along with no-nonsense financial advice.
The show’s focus on how money affects every aspect of our lives resonates with listeners, who give the show a solid 4.5 out of 5 stars.
While the financial advice on the show is widespread, there is a business and leadership section that helps new business owners navigate their way through entrepreneurship.
The “EntreLeadership” podcast is one of the many tools that Dave Ramsey offers to help newcomers build their business, so the sky is really the limit when it comes to the amount you can learn from the show.
No matter where you are in the process of building your business or investing in your future, these podcasts can help you get exactly where you want to go, and might even expand your horizons.
There are dozens of podcasts and resources out there to help you become more financially savvy as you strive to learn the ropes of budgeting, earning, spending, and more.
Take your financial education into your own hands, and enjoy the free help you can get from experts in the financial realm as you prepare to launch your new business.