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
110 The Digital Artisan Manifesto [not-audio_url] [/not-audio_url]

Duration: 35:41
After five years of immersion into entrepreneurship, we’ve learned a few things. Here’s the advice we’d like to share with our fellow founders, distilled into 23 suggestions for building an intentional business online. T…
109 2018: A Year in Review [not-audio_url] [/not-audio_url]

Duration: 28:56
As with last year, we’re bringing you a recap of the year vis-à-vis our favorite things. Here are the links for you (think of it as a stellar gift guide or a place to bookmark for inspiration later on): Best Books Jeni:…
108 The State of the Wellness Industry 2018 [not-audio_url] [/not-audio_url]

Duration: 33:26
Our industry has evolved significantly over the past decade, and this is perhaps best exemplified by the explosion of the Peloton brand. How does a spin bike company that’s now valued at a whopping $4 billion impact regu…
107 How to Know if You’re Ready to Start an Online Business [not-audio_url] [/not-audio_url]

Duration: 34:07
“Ready” is relative. Most people who have done everything in the known universe to prepare themselves to become first-time parents, or move to a new country, or come out to their families will STILL be surprised or uneas…
106 Groundwork [not-audio_url] [/not-audio_url]

Duration: 20:52
In this episode, we’re discussing our favorite strategies for setting your new business (or new product, program, or service) up for success. How do you ensure that you’ll have paying customers when you open the virtual…
Office Hours: Ethical Holiday Marketing [not-audio_url] [/not-audio_url]

Duration: 14:13
Somehow, it’s November. (Anyone else feel like 2018 was about 15 minutes long?) And that means we’re hurtling toward the holiday season at quite a clip. And THAT means many of us are madly scrambling to concoct marketing…
105 Partnership [not-audio_url] [/not-audio_url]

Duration: 29:09
In this episode, we share some previously unshared details about our business partnership... How we met. How we work together. The pitfalls. The benefits. We also explore our opinions on different kinds of business relat…