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
122 Our Controversial Approach to Facebook Groups [not-audio_url] [/not-audio_url]

Duration: 17:58
We’ve got a complicated relationship with our Facebook Group. Every few months we have a serious conversation about shutting it down. Neither of us would ever choose to spend time on Facebook for fun, so our Group is rea…
121 What is a Beta Launch (and how can it help my business)? [not-audio_url] [/not-audio_url]

Duration: 34:25
In this episode, we explain the concept of beta launching—and why we encourage all of our clients to use this strategy to launch new products, programs, and service packages. You’ll learn why we think that releasing an i…
120 Finding Your Inner Voice with Kelly Covert [not-audio_url] [/not-audio_url]

Duration: 38:49
Kelly Covert is an inner voice coach with a passion for helping women believe and achieve their big vision by connecting deeply with the wisdom that is inside of them (all while owning their worthiness each and every day…
119 A Culture of Failure: The Story of Elizabeth Holmes [not-audio_url] [/not-audio_url]

Duration: 26:50
In this controversial conversation, we share our thoughts and feelings about the downfall of Elizabeth Holmes—the youngest self-made female billionaire in history. After dropping out of Stanford at age 19, Elizabeth foun…
117 The Biggest Mistake We See With New Online Teachers [not-audio_url] [/not-audio_url]

Duration: 23:55
We’ve been noticing FAR too much attention lately being placed on the technical intricacies of building a business. We, as humans, tend to obsess over the things we can easily control or measure (Equipment! Productivity!…
116 Building the She Recovers Movement with Taryn Strong [not-audio_url] [/not-audio_url]

Duration: 38:28
Taryn is the co-founder of SHE RECOVERS (with her mama, Dawn Nickel.) SHE RECOVERS® is an international movement of self-identified women in or seeking recovery from a wide variety of issues, including substance use diso…
115 Building a Marketing Empire with Emily Hirsh [not-audio_url] [/not-audio_url]

Duration: 37:04
In today’s episode, we interview Emily Hirsh—an industry leading Facebook Ads and Sales Funnel Strategist who works with high-profile entrepreneurs to grow their businesses online. In less than three years she has expand…
114 Do I Really Need a Sales Funnel? [not-audio_url] [/not-audio_url]

Duration: 27:11
If you’re working in the online sphere, you’ve probably heard the term “sales funnel” more times than you can count. But understanding what it is (and how it can help your business) is a whole other story. A sales funnel…
113 Growing a Family Maker Business [not-audio_url] [/not-audio_url]

Duration: 32:41
In this episode, we check in with Jeni about her family’s maker business, Woodland Alchemy. It’s now been a year since the seed of an idea began to germinate into a creative outlet, a family hobby, and (eventually) a loc…