In this episode, Matt Haycox is getting real about the common money traps entrepreneurs fall into, and most importantly, how to avoid them. Entrepreneurs often trip up when they venture into new areas or expand too quickly in their current business. It's like thinking you're a pro at one thing, so you'll automatically nail something else—totally not true! The key here is to keep learning and really know every bit of your business, even the stuff you let others handle. Stick to what you're best at and make smart moves like investing in things that are safe and steady, like property or stock market tracker funds. That way, you can cut down on risks and make the most out of your money in the long run. Tune in for some solid strategies to grow your business smart and make those financial gains!

Timestamps
0:00 - Intro
0:09 - No Experience
1:27 - It's Within The Business They Have Already
2:31 - Summary