In this episode of the money mini-series, Kelsey, a former hair salon owner turned business coach, shares the evolution of her income and the financial challenges she faced transitioning into coaching. She discusses the importance of talking about money, owning up to mistakes, and how certain investments did not pan out as expected.

Kelsey provides real revenue numbers from the moment she opened her salon, through her early years of coaching, to her current financial goals. She emphasizes the difference between revenue and profit, reflects on the growth of her business over the years, and offers advice for entrepreneurs at different stages—highlighting the importance of branding, leadership, and strategic decision-making. Kelsey also outlines her current business model, focusing on one-on-one coaching, a retreat mastermind hybrid, and community engagement, with the aim of hitting a revenue goal of $300,000 for 2024.

The episode aims to normalize conversations about money in entrepreneurship and encourage real and strategic discussions about financial growth and business scaling.

Leave a 5-star review on iTunes! 

Need help getting shit done? https://www.facebook.com/groups/getshitdoneclub 

Send us podcast ideas at [email protected] 

Links:

Show notes: https://www.kelseymarieknutson.com/podcast  

Follow us on Instagram: https://www.instagram.com/kelseymarieknutson/ 

Hangout on Facebook: https://www.facebook.com/groups/getshitdoneclub 

Work with Kelsey:

Bring dynamic energy and expertise to your stage by booking me as your speaker: https://www.kelseymarieknutson.com/speaking-booking-form