Strong Talk
Strong Talk
Matt Strong
#45. 7 Financial Mistakes That Almost Bankrupted My Coaching Business
15 minutes Posted May 29, 2026 at 12:03 pm.
0:00
15:38
Download MP3
Show notes
In this episode, I'm talking through the seven biggest financial mistakes I made in the first few years of my coaching business. These are some dumb things I actually did that put me in real financial danger, and the only reason I got out of them was that my business kept growing at the right time.
If it hadn't, I'd have gone under.
I cover:
Not saving tax when you go self-employed and how to manage it.
Spending money on stuff you don't need.
Upgrading your lifestyle too soon off the back of a good month
Upgrading your business too soon and why you need less than you think
Getting the wrong accountant and how much that nearly cost me
Not tracking your numbers and the subscriptions costing you.
Not investing early enough and the real cost of that decision
If you're a coach who's having good months but not sure where the money's going, or you're just starting out and want to avoid the mistakes I made, this one's worth your time.
 
Links
My Instagram - www.instagram.com/matt_physiquecollective
Strong Coaching Academy - https://www.skool.com/strong-coaching...
Physique Collective - https://www.skool.com/physiquecollective
Strom Sports Nutrition - PHYSIQUE for Free Shipping
Youth Revisited Bloodwork - PHYSIQUE for 10% off
Thoroughbred Labs - PHYSIQUE for 15% off