136 Having Faith and Knowing Your Numbers with Lori Kennedy

136 Having Faith and Knowing Your Numbers with Lori Kennedy

Author: Jennifer Barcelos and Sandy Connery August 20, 2019 Duration: 42:25
“I wanted the business more than I was afraid of the fear of not being able to pay the debt back.”  - Lori Kennedy   Our current series on women and money has encouraged many of you to reflect on your own money stories. During this process, you may have uncovered beliefs that are preventing you from reaching your full potential and this series is meant to unshackle you from these restraints through the stories shared by other women who have experienced similar circumstances.   In today’s episode, you’ll get to hear more about Lori Kennedy’s money journey, including her bold sales goals, her belief in the importance of women starting businesses, and why she gets frustrated when she sees women holding themselves back as entrepreneurs.   Given her level of success today, you may be surprised to hear that Lori is “not good with numbers” and even failed high school math, but she is living proof that obstacles like these are possible to overcome. Once an overspender, she shares about learning to view money and debt as neutral and to remove emotion from the equation in growing her business.     Key Points from This Episode:     How Lori came into her role as an entrepreneur and being self-employed from a young age.   Discovering her purpose and how the journey helped her to become a better human being.   Growing up in an affluent home and always wanting to make her own money.    Not understanding the value of money, compulsive shopping and getting into credit card debt.   What Lori has learned about the importance of paying attention to and tracking the numbers.   Cultivating a mindset where she has faith that everything will be ok.   An incident of running into a cash flow crisis, how she dealt with it, and what she learned.   Why she was not afraid of incurring debt to grow her business.   How defining what rock bottom looked like for her served her well from early on.   Where she starts the money conversation with the women she coaches.   Showing the reality of growth to people based on straightforward numbers.   Looking critically at how you spend your time and accepting the pre-revenue phase.   Getting beyond the conversation about money blocks.   Having her home professionally organized and the hustle of integrating a sales department.   And much more!          Links Mentioned in Today’s Episode: Namastream — https://namastream.com/ Soulful MBA’s Become an Online Teacher Course — https://www.soulful.mba/teacher   Connect with Lori: Lori Kennedy on LinkedIn — https://ca.linkedin.com/in/lorikennedyinc Lori Kennedy on Instagram — https://www.instagram.com/lorikennedyinc/ Lori Kennedy on Twitter — https://twitter.com/lorikennedyinc Take Your Health Practice Online Group — https://www.facebook.com/groups/takeyourhealthpracticeonline The Business of Becoming Podcast — https://thewellnessbusinesshub.com/podcast/   Joy: hiring a professional organizer Hustle: integrating a sales department

There’s a particular kind of ambition that isn’t just about scaling a business, but about building a life that feels whole and authentic along the way. That’s the space where Soulful MBA Podcast lives. Hosted by Jennifer Barcelos and Sandy Connery, this is a conversation between two friends who are actually doing it-navigating the messy, rewarding reality of creating a company from nothing. They talk through the logistics of remote partnership, the challenges of conscious online engagement, and the personal growth that happens when your work is deeply tied to your values. It feels less like a lecture and more like you’re overhearing a candid, strategic coffee chat between two people who’ve been there. You’ll find practical advice woven into stories of trial and error, all aimed at ambitious women who are done with the hustle-for-hustle’s-sake model. This podcast serves as both a roadmap and a reassurance, proving that a successful business can be built with intention, friendship, and a lot of soul.
Author: Language: English Episodes: 50

Soulful MBA Podcast
Podcast Episodes
143 Gather + Grow: the Value of Offline Events in an Online World [not-audio_url] [/not-audio_url]

Duration: 22:43
In today’s episode, we are talking all about in-person gatherings and the powerful effects they can have on your online business. As online entrepreneurs, we find that our offline and online identities can become incongr…
142 Building an Uncaged Business with Becca Tracey [not-audio_url] [/not-audio_url]

Duration: 34:03
Welcome to another episode of The Soulful MBA podcast! Today’s guest is Becca Tracey. Becca is Founder of The Uncaged Life, where she teaches solopreneurs – typically life-coaches, designers, and consultants – how to get…
141 The Power of Beta Launching with Ericka Thomas [not-audio_url] [/not-audio_url]

Duration: 37:09
If you’ve ever worried that you need a massive email list or social following to successfully launch as online program, this week’s guest is living proof that you absolutely do not. Ericka Thomas, founder of Elemental Ki…
140 Investing in Yourself and Your Business with Nicole Lebreux [not-audio_url] [/not-audio_url]

Duration: 33:21
Our guest today is Nicole Lebreux. Nicole is a yoga instructor, a whole-plant herbalist, a mom, and the founder of Nicole Lebreux Yoga and Wellness. One of our Inner Circle clients, Nicole is an inspiring example of what…
139 Why You Should Build Something That You Own [not-audio_url] [/not-audio_url]

Duration: 22:14
This episode of our show was inspired by a recent blog post by Seth Godin, titled “What Do You Own?” Today’s economy is rapidly shifting. The old capitalist model of going to school, getting into college, and settling do…
138 Why Now is the Perfect Time to Launch an Online Offering [not-audio_url] [/not-audio_url]

Duration: 33:23
As we move into Fall, we honestly cannot wait to get down to more serious work and slide right back into high productivity mode. This is traditionally the busiest time of year for us. School is starting again, colder wea…
137 The Cold, Hard Truth About Making Money Online [not-audio_url] [/not-audio_url]

Duration: 33:57
On this episode of the show, we talk about mindset triggers that may be holding you back from making the kind of money you’re looking to make online. This episode is an important next step in our Women and Money Series,…
135 How a Group Coaching Program Can Fast-track Your Business [not-audio_url] [/not-audio_url]

Duration: 23:37
In this episode, we discuss the benefits of joining a group coaching program and explain why being part of one can help fast-track your company’s growth. We have both served as students and as mentors in group coaching p…
134 Claire Pelletreau on Getting Honest About Money [not-audio_url] [/not-audio_url]

Duration: 38:19
Continuing with our women and money series, we are thrilled to share this recent interview with Claire Pelletreau—a Facebook Ads expert who runs a six-figure online business and hosts The Get Paid Podcast. As you may inf…
133 Women, Money, and Mindset [not-audio_url] [/not-audio_url]

Duration: 32:58
Our series on women and money continues, and today’s episode is about getting your mindset set up for building wealth. We want you to confront your own money stories and to uncover those internal narratives that could be…