Remove emotion from financial decision-making and treat private money lending like the business that it is to achieve maximum success.
In this episode of Grow With Leila, I break down a critical mindset shift that every woman in private money lending needs to make. If you’ve ever felt uncomfortable with the idea of lending money because it feels too personal, this episode is for you. I’m here to show you why thinking of PML as a personal favor can be dangerous and how to treat PML like the serious business it is.
Today, I talk about:
>> How to position private money lending as a business, never as a personal favor.
>> The importance of setting up your entity, tax structure, and systems for success.
>> Key questions to ask yourself to understand if you’re ready to start lending.
Listen in because this episode is about helping you build the right mindset and systems for private money lending. If you’re serious about turning your PML into a profitable business, this is a must-listen.
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Resources mentioned in this episode:
>> 10 Costly Mistakes Made By Women Who Are New to Private Money Lending (And How To Avoid Them)
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