CEO Stories: Entrepreneurship, Business Strategy, and Online Marketing

CEO Stories 057: Leaving the Hustle Behind

09.18.2018 - By Kate Boyd, Virtual CMO and Launch Strategist at Cobblestone Creative Co.Play

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Kerry Sheppard grew up an entrepreneur and helped grow the family business early in her career. When opportunity knocked to do something different, she found coaching and the rest unfolded from there.   She was raised by a nurse mom and a job hopper dad who eventually started his own business.  She got to see both the corporate and entrepreneurial side of working, but Kerry leaned towards the entrepreneur side.   In college she started in psychology with a business minor; then switched. Eventually, she started working in her dad’s small business.  This gave her a view as an employee in a small business. She took over her territory and worked from her apartment while going to school. A year out of school, she opened a business with her father.  This was much sooner than anticipated. She worked in her business at night and her dad’s business during the day.   As the years progressed, she ended up with 12 cell phone retailers.  The retail stores took a toll on her with the hours. She started looking to something new, and she was introduced to a network marketing company.  She knew this was the future. She decided to go to a Business School for network marketing and hired a coach.  She ended up deciding that she wanted to become a coach. All of the sudden they got an offer and in 10 days all the retail stores were sold. She went to interview with the buyer and knew immediately that was not for her. She knew that it was time to step into her coaching business, and it started! Her background was in sales so her strength was in sales coaching.  She did dabble into the business startup coaching, but there was nowhere to scale the business upward.  She pivoted into more passive income strategies and diversification. She has actually just brought back on a network marketing line. She felt like every month was just a hustle and there was not a lot of freedom in that.  That was the motivation to create residual income and passive income. This was her way to scale instead of building more and more employees and coaches under her.   She watched her friend launch a business with the values she agreed on.  The process of just sharing the product with people, giving them the value, and offering them to take the next step. She just knew watching her that this was the perfect next step to get in.

More episodes from CEO Stories: Entrepreneurship, Business Strategy, and Online Marketing