Women and Entrepreneurial Poverty
Today I am joined by Racheal Cook to unpack the reality of why women are not making the kind of money they should be making in their entrepreneurial ventures, the importance of building genuine connections and understanding one's personal strengths,and the pitfalls of over-investing and underpricing in business.
Racheal Cook is a speaker, host of the Promote Yourself to CEO podcast and founder of The CEO Collective and in this episode, we’ll shed light on the shocking statistic that only 12% of female entrepreneurs break the six-figure barrier, and dissect the hype versus the reality of the online business world.
Racheal and I provide valuable strategies for achieving sustainable profits, stress the significance of value-based pricing, and emphasize the power of keeping business models simple and streamlined.
Here are 3 key takeaways from our conversation:
🎯 Network Strategically: Human connection remains crucial, regardless of whether you're an introvert or extrovert. Rachel shares excellent strategies for connecting within your energetic capacity.
💡 Understand Your Strengths: Racheal and I unpack the importance of leveraging personal strengths when designing your business, creating a business model that excites you and aligns with your skills.
🚀 Profit over Revenue: Highlighting common industry misconceptions, we discuss the importance of focusing on profit rather than revenue.
✏️ Simplify your business strategies and learn to trust in your decisions to build sustainable success
Mentioned in this episode:
🎙️ Mic drop moment: “Marketing has hijacked common sense.” Racheal Cook
Want to connect with Racheal Cook?
The CEO Collective: https://theceocollective.com/
Promote Yourself to CEO podcast
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