Success with Soul

097 REPLAY: How to Get Out of Entrepreneurial Poverty with Racheal Cook


Listen Later

Do you feel like you’re one failed launch away from your business not surviving?

 

Sadly, so many women’s businesses are in ‘entrepreneurial poverty’. What does that mean exactly?

  • Financial poverty: Some businesses are simply not bringing in enough income to support the women who run them. Even if a business is bringing in $50k, the owner may only be taking home $20 – $30k a year, which is not enough to sustain a family or future on.
  • Time and energy poverty: Time and energy poverty go together in the sense that the more time you spend on your business, trying to get it off the ground, the more depleted your energy becomes.

 

The keys to overcoming entrepreneurial poverty?

 

That’s exactly what we’re covering in today’s episode! You’ll learn how to plan for your business to be an asset that creates consistent income–not something that you simply just operate and bootstrap.

 

My guest today, Racheal Cook, is an award-winning business strategist, host of the Promote Yourself to CEO podcast, and best-selling author who is on a mission to end entrepreneurial poverty for women. Over the last 10 years she has helped thousands of female entrepreneurs design predictably profitable businesses without the hustle and burnout that doing #allthethings inevitably accomplishes.

 

In fact, Racheal is a sought-after speaker on entrepreneurship, marketing, and productivity and has been featured by the US Chamber of Commerce, Forbes Coaching Council, Female Entrepreneur Association, and more. Her real passion, though, is supporting savvy, soulful women as they implement the strategy, systems, and support to uncomplicate their business so they can work less and live more.

 

What you’ll learn in this episode:

 

  • Why women aren’t making nearly as much money as men
  • How to avoid burnout and build up your energy reserves
  • The red flag to look for in your business that’s blunting your growth
  • What you need to know about team building and avoiding common mistakes
  • What to do if you don’t have any extra money to hire support

 

Subscribe and Review

 

Thanks so much for joining me this week. If you liked what you heard, please leave an honest review for The Success with Soul Podcast on Apple Podcasts so we can improve and better serve you in the future. Plus, you could be featured on a future episode during our listener spotlights. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them.

 

And finally, don’t forget to subscribe to the show on Apple Podcasts to get automatic updates. My goal for this podcast is to inspire those who seek flexibility and freedom in their lives by making something happen with holistic, soulful, step-by-step strategies from me and other experts.

 

Links + Resources Mentioned in this Episode: 

 

  • Patriarchy Stress Disorder by Dr. Valerie Rein
  • Content marketing is one part of my six-part framework in the Success with Soul Incubator. When you apply, you’ll learn my entire framework, and be invited to a private advanced level training where you’ll learn exactly how to scale to $50K a month, on autopilot – without live launching paid ads, social media, or selling your soul. The application only takes five minutes and there’s no obligation to enroll. So go ahead and apply today!
  • Profit First by Mike Michalowicz
  • Get Rachael’s free business growth checklist here!
  • Follow Racheal on Instagram @Rachael.Cook and visit her website here
  • Follow me on Instagram @katekordsmeier and @rootandrevel

 

More Ways to Enjoy Success with Soul

 

  • Download a transcript of this episode
  • Download on Apple Podcasts
  • Email me new episodes
  • Don’t forget to join our free Success With Soul Facebook community for follow-up conversations about the podcast episodes and where I also often go live to answer your burning questions. Hangout with like-minded bloggers and heart-centered online business owners exchanging priceless feedback, encouragement, and other golden insights from the trenches.

 

EPISODE CREDITS:

Produced by Danny Ozment at https://katekordsmeier.com/pli

...more
View all episodesView all episodes
Download on the App Store

Success with SoulBy Kate Kordsmeier

  • 5
  • 5
  • 5
  • 5
  • 5

5

110 ratings