Merideth Bisiker

Merideth Bisiker is a professional coach with a career in banking and finance spanning almost 25 years. She combines her financial acumen along with her passion for coaching in a way that makes it easy for her clients to easily understand money and set the right financial goals for their unique personal and business finances.

Merideth is also Director of Education and Technology with ICF accredited Radiant Coaches Academy, and supports the training of hundreds of new and certified coaches. Her holistic coaching method improves her clients’ confidence, businesses, relationships, and health.

Expert session

Tactic that has had the biggest impact on Merideth’s success

Learning how to take calculated personal risks

Result if you follow the steps in Merideth’s session

Financial growth in your business and have the ability to live your life on your own terms

Full session with video, notes, audio and discussion inside EHQ Club. Learn more

Expert session snapshot

Transcript

Yeah. Great question. And just so the viewers know, I’m not really a crier. So that was kind of a big deal that I was hunched over one of my friends sobbing. And that was a breaking point. It was practically a breakdown.

So to answer your question about those signs, I think number one Liam is, what is your health doing? You know, both your body health and your emotional health, mind health. I was watching myself get more and more migraines, which was a result of not getting enough sleep and stress and getting snappy with my family.

I see other entrepreneurs who are constantly sick over and over again because they’re doing too much, especially entrepreneurs who have the side hustle, you know, they just feel like they need to push and push, they don’t have focus, they’re all over the place.

And that constant illness is a real sign that you are at a breaking point, you’ve got to make some kind of decision because that’s not working. And you’re not going to be able to work and you’re not going to be able to run your side hustle when you finally hit that breakdown or you know.

And then some of the other signs, I mean, those are kind of negative signs, but some of the other signs is are how much money are you making in your business. Sit down and create a money plan for the next year. And that money plan, seeing those numbers in front of you will tell you whether or not you can do it. And it also will tell you what you need to do to get to that point, you know.

And sometimes numbers can feel scary to people but when you have the just grab a friend, who’s smart with money, sit down with them, and say, I want to make this plan. What do I need to make this work? So you know, those other signs can also include what’s going on in your relationships.

I was just gonna say that with the, you know, you kind of want to avoid getting to that breaking point where you’re hurt, you’re completely stressed and it’s just like this the last straw you will kind of want to, I suppose thinking about it, and look for those signals and identify it before it becomes like a no brainer risk decision. Let’s try to make that before so it doesn’t get to a breaking point.

Yeah. And, that sometimes there is this sort of community believe that we’ve just got to keep pushing, pushing, pushing, because we’re entrepreneurs. And if you hang out in the wrong circles, well, maybe not the wrong circles, but if you hang out in certain circles, that’s what you’re going to know and believe. And you don’t have to get to that breaking point.

So watch for that. Are you getting tired? Are you getting sick? Are the opportunities coming to you? And can you make it as a full-time entrepreneur? Or, if you’re a full-time entrepreneur, can you take that next leap that, you know your coach is telling you, it’s time to take, or that you see other people take as well?

Yeah, and you talked about, like the finances there and knowing your numbers. I think that comes into it. If you’re seeing those numbers, and identifying what’s working and, you know, obviously putting more of it to what’s working but getting rid of the ones that aren’t and making calculated risks based on, alright, well, this is kind of steady. It’s time that I really take that next step and take a risk, knowing your numbers, at least from a financial point of view, if that’s going to affect that as well.

Yeah, those numbers are so important. That’s why even just keeping a spreadsheet, if you don’t want to deal with complicated accounting, you want to leave that with the bookkeeper or the accountant, just having a simple spreadsheet that does not have to be a complicated system at all, what’s coming in what’s going out, and what do you project now, projections can make us nervous as well, because there’s no guarantee. But there are certain, you know, examples you can follow and also have backup plans too.