3 Things That Highly Successful Entrepreneurs Do Differently during an Economic Recession
Lesley Logan started a $100k pilates business when everyone else scaled down and hid. She opened her doors during 2008’s Great Recession. Not exactly the ideal time to take risks, right? WRONG! Lesley’s pilates lessons were so popular that she was able to quit her retail job. Good thing she did. That retail company went out of business in 2009.
Now here we are in the middle of a pandemic, facing down another recession. Businesses are struggling. Hiring is slowing. Traditional industries are dying.
What are you going to do, Startup Nation? Are you going to use the strategies of highly successful entrepreneurs? Or are you going to pull back and hide like everyone else?
Other business owners are curling up into balls of anxiety. But you’re going to do something else. You’re going to take advantage of the recession and leverage your focus to make $100K.
Here are three strategies you should be using to grow your business even in a recession.
A Conversation with Joseph Warren and Mye De Leon
Mye de Leon is a mother, artist, and entrepreneur. She’s a hand-letterer by trade and has made over $100K creating for clients and training other artists to launch their own art businesses.
Do you know how long it took Mye to make $100K? Five years. It wasn’t easy. And don’t be discouraged if your own business success is taking longer than you thought. Persevere, Startup Nation.
Mye truly started her business after the birth of her son. Her son has down syndrome son, which means Mye spends a lot of her time taking him to appointments and giving him specialized attention. Even if she wanted to, she can’t work 60 hour weeks like some entrepreneurs.
Maybe you’re thinking, HOW DOES SHE DO IT? Listen up, Startup Nation. She shares her secrets here.
The Man is Not the Plan. Lea Woodford Shows How Women Can Succeed as Independent Entrepreneurs
A Conversation with Joseph Warren and Lea Woodford
Growing up in the South, Lea Woodford was told that, “The man is the plan.” She was expected to get married and start a family – not launch a successful media platform for entrepreneurial women. Her dad even refused to pay for her college because he thought she’d just get married and never use the degree.
Now, Lea’s glad she broke away from the “man plan.” She lives in Scottsdale, AZ, the divorce capital of the world, and she’s seen so many women “marry well” only to end up divorced and broke. She has a family of her own, but recognizes entrepreneurship and motherhood aren’t an either/or choice.
Through her company, Smartfem Media, Lea Woodford empowers women to become entrepreneurs and to step out of stereotypes. And for the men out there, she’s elevating women so that men are no longer seen as ATM machines. Those are her exact words.
In this post, Lea shares three strategies and mindsets for women who want to gain confidence and independence as entrepreneurs.
A Conversation with Joseph Warren and Alexander Seery
Making your first $100K is a piece of cake, Startup Nation.
At least that’s the illustration Alexander Seery uses. He’s the owner of Shift to Success where he helps police officers and NHS workers become entrepreneurs. How does someone shift to success?
It’s not that complicated.
In fact, 90% of successful entrepreneurs rely on a few basic ingredients. See where we’re going here? Like baking a delicious cake, you only need a few simple ingredients to make your first $100K.
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About Joseph Warren
Joseph Warren is a Christian Speaker, Podcast Host and Spiritual Coach. Joseph Warren offers Spiritual Coaching to Christian Business Owners who somehow find themselves in a spiritual rut. In just 90 days, he helps them avoid expensive divorces, break free from addiction, restore broken family relationships, and start living their Higher Purpose!