Building Financial Awareness with Dr. Sarah Sun Liew’s Expertise

Famous Times Contributor

Dr. Sarah Sun Liew is a multifaceted leader with a profound impact spanning business, authorship, and faith-based initiatives. As an accomplished author and advocate for financial literacy, she empowers others to lead with integrity, resilience, and wisdom. Through her extensive work, Dr. Liew is recognized for offering valuable insights into leadership, entrepreneurship, and risk management, establishing herself as a voice in modern leadership.

Authorship

An accomplished author, Dr. Liew co-authored Succeed in Business in Any Market with renowned business speaker Brian Tracy. Her literary contributions include an additional 19 books covering essential topics like leadership, entrepreneurship, and personal development. Many of these works have received attention from various prominent media outlets. Featured internationally, her insights aim to inspire leaders across multiple sectors, supporting her authority in business and leadership.

Media Attention and Recognition

Dr. Liew’s impactful career has garnered substantial media attention, with features in recognized news and business outlets. Her contributions to business, education, and community service are widely regarded, and she has been noted among influential entrepreneurs driving business growth. Publications from reliable sources have highlighted her achievements, continuing to attract readership.

Collaborating with respected publishers, Dr. Liew shares her insights across business and educational sectors, continuously expanding her influence. Numerous industry and lifestyle publications have highlighted her work, reinforcing her reputation as a leader prioritizing ethical principles, social impact, and professional excellence.

Global Jesus Mission Church

Beyond her business pursuits, Dr. Liew is deeply committed to faith-based service. From 1990 to 2014, she served as an assistant pastor and Sunday school director in various churches. Ordained in 2014, she founded the Global Jesus Mission Church in 2015 and continues to serve as its senior pastor. Her pastoral journey began in Korea, where she supported congregations like Calvary Church and Holy Mountain Church, later extending to the U.S. These roles allowed her to blend community leadership with compassionate, faith-driven service, building a legacy of spiritual commitment and integrity.

Awards and Recognitions

In December 2023, Dr. Liew received the Menorah of Peace Award from The Institute of Noahide Code in recognition of her efforts in promoting peace and community service. Her contributions as a business leader are further acknowledged by recognition as a top entrepreneur known for fostering growth and resilience within communities.

Budgeting: A Roadmap to Financial Stability and Growth

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Photo Courtesy: Dr. Sarah Sun Liew / Meridian Beverly Hills Investment and Legal Group

Budgeting is a cornerstone of financial stability and sustainable growth. In Chapter 25 of Your Start-Up, Your Way, Dr. Liew describes budgeting as a “financial roadmap,” essential for effectively allocating resources and controlling spending. This chapter underscores budgeting’s role in fostering financial discipline and encouraging strategic decision-making.

The Fundamentals of Budgeting

Dr. Liew’s budgeting approach is structured and comprehensive, guiding businesses toward financial wellness through three key steps:

Expense Planning: Categorizing and forecasting expenses is central to budgeting, helping businesses anticipate operational costs and prepare for unforeseen expenditures.
Revenue Projections: Setting measurable revenue expectations helps align spending with both immediate needs and long-term goals.
Profitability Analysis: Evaluating projected income against expenses allows businesses to assess potential profitability, supporting growth targets and strategic adjustments.

Benefits of Budgeting

A well-structured budget provides several advantages beyond expense management. Dr. Liew highlights multiple benefits:

Financial Oversight: Budgets help track performance against financial projections, allowing leaders to adjust strategies to meet objectives.
Informed Decision-Making: Budgets support data-informed decisions regarding expansion, hiring, and investments.
Long-Term Growth: Aligning resources with strategic priorities supports both short- and long-term objectives.

Mastering Financial Statements: Key to Understanding Business Health

Mastering financial statements is critical for assessing a business’s economic health. In Your Start-Up, Your Way, Dr. Liew explains how understanding financial statements supports effective decision-making and communication with stakeholders. The three major financial statements she emphasizes are:

Income Statement: Tracks revenue, expenses, and net income, providing insight into profitability.
Balance Sheet: Offers a snapshot of assets, liabilities, and equity, enabling businesses to gauge solvency and liquidity.
Cash Flow Statement: Tracks cash movements in operations, investments, and financing, showing whether a business can meet its financial obligations.

Risk Management in Financial Strategy: Navigating Uncertainty with Confidence

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Photo Courtesy: Dr. Sarah Sun Liew / Meridian Beverly Hills Investment and Legal Group

Risk is inherent in business, yet proactive risk management helps transform potential challenges into growth opportunities. Dr. Liew emphasizes that integrating risk management into financial strategies can enhance resilience and agility, preparing businesses to better handle uncertainties.

Identifying Financial Risks: Recognizing market volatility, operational disruptions, and changing demand is the first step toward effective risk mitigation.
Developing Risk Mitigation Strategies:
- Diversifying Revenue Streams: Reducing dependency on single revenue sources can foster resilience.
- Maintaining Emergency Reserves: Having cash reserves provides a financial cushion during downturns or unforeseen expenses.
- Managing Debt: Prudent debt management prevents overleveraging and supports financial stability.

Scenario Planning: Preparing for multiple potential outcomes equips businesses with responsive strategies that protect both financial stability and strategic goals.

Summary: Confidence in Uncertainty

Risk management is essential in financial strategy. Dr. Liew’s insights offer guidance for entrepreneurs navigating uncertainty, helping them stay resilient in a changing environment.

For those interested in exploring Dr. Sarah Sun Liew’s innovative approaches to business, leadership, and financial strategy, she offers direct consultation and a wealth of resources: