Peach-opoly: Money Management with Megan Winter of Good Kind Media (EP#90)

Peach-opoly | Episode 2 | Your Next Hire

The money is coming in. The clients are there. Business is growing.

But where should the money go next?

Meet Megan Winter, founder of Good Kind Media, Meta ads expert and the next player to take her turn on the Peach-opoly board.

Megan is great at bringing money into her business. Revenue is strong, there’s a steady flow of leads and she has money available to invest. The tricky part? Deciding what to spend it on, particularly after making financial decisions in the past that haven't worked out as planned.

So when Megan lands on “Your Next Hire”, Fi takes her shopping (literally) to work out where her money will have the biggest impact.

The answer? More support with client delivery.

But that brings up another question: employee or contractor?

Megan has repeatedly been told she should hire employees. Fi has a different perspective. Rather than making the decision based purely on which option looks cheaper on paper, she argues that the right team structure needs to suit the founder, their leadership style and the way their business actually operates.

In this episode of the Peach-opoly series, Fi unpacks the financial and practical considerations behind hiring employees versus contractors, why comparing their annual costs doesn't necessarily tell the whole story, and how having a solid money management system can make big investment decisions much easier.

Fi also takes us into Profit First, the money management system she uses with Good Money Club and one-on-one clients to help businesses understand what they can afford, where their money needs to go and whether the business is truly profitable

🎧 Tune in to meet Megan, hear where she lands on the Peach-opoly board and learn how to think about your next hire and your next big business investment.