Talking Purpose: The Purpose and Profit Business Podcast

Why Mission-Driven Entrepreneurs Keep Under-Pricing (And How to Stop)

Katie Boothby-Kung

Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.

0:00 | 46:43

Welcome back to Talking Purpose!

Think building a profitable, purpose-driven business means working yourself to the bone?

Brian Thompson, tax attorney and financial advisor to LGBTQ+ mission-driven entrepreneurs, is here to call BS on that idea—and every other myth holding values-aligned founders back.

After a decade defending people against the IRS, Brian pivoted to helping entrepreneurs be proactive instead of reactive with their finances. Now he's on a mission to prove that you CAN have impact, profit, AND the life you actually want—without the hustle culture burnout.

In this episode, we dive into:

  • Why profit and purpose have been falsely separated (and how the nonprofit industry is partly to blame).
  • The 6-account cash flow system that makes managing money simple—even if you hate spreadsheets.
  • Why EVERY entrepreneur under-prices and how to break the cycle of undervaluing yourself.
  • How to use your identity as a business asset, especially in uncertain times.
  • The "thrive number" exercise that lets you price backwards from the life you want.
  • Why getting in your own way is the #1 business blocker—and how to get out of it.
  • The five types of wealth every entrepreneur should be building (hint: it's not just money).

My biggest takeaway? You can create whatever you want. No, seriously—Brian repeats this mantra throughout, and it's the mindset shift every founder needs to hear. Stop sacrificing yourself for your mission. Start designing a business that supports your life, your values, AND your bank account.

Learn more about starting and scaling a for-purpose business at www.talkingpurpose.ca

Start your business today on the best e-commerce platform in the world on Shopify

Learn more about starting and scaling a for-purpose business at www.talkingpurpose.ca

Start your business today on the best e-commerce platform in the world on Shopify