How Simone Cimiluca-Radzins is Redefining Financial Empowerment on the Badass Women in Business Podcast
In the latest episode of the Badass Women in Business podcast, hosts Aggie and Cristy interview Simone Cimiluca-Radzins, CPA, finance expert, and founder of Freedom Sun, a financial empowerment platform for women. Simone shares practical insights from her nearly two decades of experience in international business advising, consulting for Fortune 500 companies like PriceWaterhouseCoopers, Nike, and Fox Century 21 Studios, and supporting women entrepreneurs.
Simone’s mission is straightforward: to help 1 million women build financial independence in their businesses without self-sabotaging their success. Her approach combines practical financial strategies with a focus on mindset, empowering business owners to understand and improve their financial situations while maintaining balance in their lives.
Understanding Financial Independence
Simone’s personal journey informs her approach to financial empowerment. Having grown up in a financially unstable household, she saw early on the importance of financial security. She used that motivation to build a career as a CPA and later as a fractional CFO, advising entrepreneurs, government officials, and celebrities on how to manage their finances effectively.
During the podcast, Simone explains how understanding financial independence is key for women business owners. “You don’t need to overhaul everything,” she says. “Small, strategic changes in how you manage your finances can shift the entire trajectory of your business.”
Simone also highlights the importance of stepping out of your comfort zone, especially when it comes to handling money. “Most people avoid confronting their financials because it feels uncomfortable, but that discomfort is often the first step toward real financial growth.”
The Three Pillars of Wealth Building
Simone breaks down the process of wealth building into three key pillars: building, managing, and growing your business finances. These principles, she says, help business owners transition from lower ends of the cash flow spectrum into more profitable and sustainable business models.
Build: Simone encourages business owners to focus on sales and income generation, ensuring they have a steady stream of revenue.
Manage: Managing money is crucial to long-term success. This includes everything from cash flow management to financial forecasting and budgeting.
Grow: Growth doesn’t just happen—business owners need to strategically invest and make decisions that position their company for long-term success.
Simone’s straightforward approach makes it easier for entrepreneurs to assess where they are in their business and what steps they need to take to move forward. Her advice is practical and actionable, offering listeners concrete steps to take control of their financial futures.
Avoiding Burnout
One of the recurring themes in Simone’s work is the importance of avoiding burnout. Many business owners, especially women, feel the pressure to grow quickly or handle every aspect of their business alone, which can lead to exhaustion.
Simone emphasizes the need for entrepreneurs to build systems that allow for sustainable growth. She encourages business owners to step fully into their role as leaders, focusing on higher-level decisions while delegating day-to-day tasks that don’t need their personal attention. “When you shift into the mindset of a business owner, rather than someone doing everything themselves, you free up your time to think strategically and plan for long-term growth.”
Building Community
Simone’s focus on community also stands out. She emphasizes that entrepreneurship doesn’t have to be a solitary journey. Whether through formal networks, mentorship, or informal peer support, community is a key factor in business growth.
“Having a network of other business owners to lean on is critical,” she says. “You need people around you who can provide guidance, share resources, and support you as you grow.”
Through her platform, Freedom Sun, Simone helps women access the tools and networks they need to build financially strong businesses. She believes that women should prioritize collaboration over competition, especially when navigating the often-isolating world of entrepreneurship.
Key Takeaways for Business Owners:
Understand your financials: You don’t need to overhaul everything to see financial growth. Start with small, strategic changes to how you manage your money.
Master the three pillars: Focus on building, managing, and growing your business finances to create a more sustainable model.
Avoid burnout: Build systems that allow you to step back and focus on long-term strategy, rather than getting caught in day-to-day operations.
Leverage community: Entrepreneurship isn’t a solo effort. Building a strong support system is crucial for long-term success.
Empowering Women to Build Financial Freedom
Simone’s mission is clear: she wants to help women achieve financial independence by giving them the tools to manage their businesses with confidence and control. Her practical, no-nonsense approach appeals to business owners who are looking for clear strategies to grow their revenue while maintaining balance in their lives.
To learn more about Simone’s approach and hear her full conversation with Aggie and Cristy, listen to her episode of the Badass Women in Business podcast. For business owners looking for actionable financial advice, this episode offers plenty of ideas to start implementing right away.
Simone’s commitment to empowering women entrepreneurs comes through in every aspect of her work, making this episode a valuable resource for anyone looking to build a more secure and financially sound business.