Investing in a mentor to help you transition and scale is one of the best ways you can start having massive success with your business. Kara Weaver of Weddings by Weaver joins me to talk about how working with a mentor(me!), changed the course of her business.
Kara shares how working with a mentor helped her achieve the goals she set out for her business. She also opens up about how lonely it can be as an entrepreneur and how finding an online community of other women in business really eased that. Community is vital when you're an entrepreneur as it can help you move forward, air your frustrations, and offer advice.
The best advice Kara can give a small business, especially if you want to reach a level where you're not working 60 hours a week, is to hire employees or contractors. When you have more people, who you trust and are trained, your customers will have their needs taken care of easier, without you having to face the very real threat of burn-out.
Another tip for growing your business is to put systems in processes in place early so that when you do hire, your employees and contractors have something straightforward to work with and learn from. Kara explains how she worked with her mentor on her D.A.M.M. goals, and getting these processes in place was one of the first goals she achieved.
Kara's company is growing at such a steady pace. She's been able to step back out of her business more, allowing herself and her husband to regularly go on trips. She couldn't have achieved this without working with her mentor to help her scale her business the way she has.
In this episode, we also talk about company culture and why you need to treat your employees with love and respect. When your employees love working for you and your company, they truly are your best advocates… which means your conversion rate will be higher than ever before.
Kara leaves us with the best piece of advice: "Spend the time, spend the money, get the investment into yourself because your company's not going to succeed if you don't believe in yourself."
Are you ready to make an investment in your future through mentorship or coaching? Have you set your D.A.M.N. goals for 2020 yet? What can you do to start scaling your business this year? Let me know in the comments on the episode page.
In This Episode:
- How working with a mentor can help you reach your business goals
- Why you need to connect with an online community of like-minded entrepreneurs to feel less lonely and more inspired
- How hiring employees and contractors can let your business provide a better service for your clients
- Why putting systems and process in place is essential for allowing your company to grow
- What happens when you set your D.A.M.N. goals
- Why you need to scale if you want to live your dream life
- What happens to your conversion rate when your employees love to work for you
- Why investing in your personal and business betterment is the best thing you can financially do for your company
"My goal sheet is a lot smaller [than last year] and has a larger impact than having multiple goals with smaller impacts." ([14:05])
"When you write down your goals, like pen and paper, write them out, you are 42% more likely to achieve them than if you just think about them." ([17:15])
"If anybody's listening to this and they have ever thought to themselves, 'I want to create a company and I want a sustainable company that's going to allow me to live the life that I want, and a life that is going to be manageable for me,' you have to start with scaling. There's no other way around it. You're going to have to ask for help." ([22:54])
"Spend the time, spend the money, get the investment into yourself because your company's not going to succeed if you don't believe in yourself." ([32:30])
Are you a female millennial entrepreneur who wants to start or scale your service-based business but not sure where to start? Go to https://www.drcortneybaker.com/roadmap to get a copy of my business roadmap. Stop duct-taping ideas together for starting your business. Snag my FREE roadmap to get starting on building a real business today.
About Dr. Cortney Baker… She is an award-winning entrepreneur, researcher, author, speaker, and advocate for gender equality. As a leadership expert and mother of three, she is passionate about inspiring and empowering women to lead with greatness.
Dr. Baker is the author of the best-selling books: The Ten Do's and Don'ts for Business Leadership: Lessons to Lead Effectively and Unlimited: Conquering the Myth of the Glass Ceiling. She is passionate about helping ambitious female entrepreneurs go from side-hustle to CEOs!
Feedback? Questions? Comments? For more information or to reserve Dr. Cortney Baker to speak at an upcoming event, please contact her at [email protected] or 1-469-708-8840.