Episode 21: Business Round Table - Reaching Financial Goals
Episode 21: Business Round Table - Reaching Financial Goals
Show Notes
On today’s episode of The Online Business Show, Jereshia Hawk, Mel Abraham, and Breanne Dyck are back for another episode filled with amazing takeaways for YOUR online business! In particular, they’re talking about HOW to finish out 2020 strong, what to consider as you plan out your 4th quarter, and what you should do if you're reaching the end of the year WITHOUT reaching your business financial goals.
Episode Highlights:
Tyler starts the roundtable with asking the participants what they see as the ways businesses can finish out 2020 strong.
Jereshia suggests that rather than creating something new, you can double down and achieve a higher level of mastery of the things you know already work for you and your business.
Mel adds that he has tried to be more discerning with where he places resources and money.
Breanne adds that it’s necessary to know what you can commit to and not overstretch yourself.
Jereshia emphasizes that you have to give yourself permission to make a sales ask and continue to make points of contact with customers.
Jereshia says that instead of continuing to ask herself whether she’s capable of creating a seven figure business without having a six figure launch, she’s started to ask herself what the real objective is and how she wants to get there.
COVID tripled Jereshia’s business.
Breanne talks about the pitfalls of trying to sell your way out of a scalability problem with your business.
Jereshia emphasizes the importance of frequently checking in with yourself to clarify what your life goals and business goals are.
Jereshia and Mel discuss how they balance their personal and business lives by blocking off specific time to take time off and spend time with their partners.
Breanne talks about the importance of distinguishing between your identity and the business’s identity, while also making sure your business reflects your values.
Tyler asks a question from a listener about the most transformational advice the panelists have received.
Jereshia says that things breaking in your business is a sign of growth.
3 Key Points
Right now, it is more effective to focus on what your business does well and to double down on that than to try and create something completely new.
Knowing yourself and your limits is extremely important while building and scaling your business.
Being willing to fail in your business is an important part of growing your business.
Tweetable Quotes
“Give yourself permission to make the ask.” - Jereshia Hawk
“Rather than worry about whether we have what it takes, let’s figure out what we need to give to make [it] happen.” - Mel Abraham
“Are the truths that were true for me yesterday, last month, last quarter, last year still true for me now, and where or how have those things changed?” - Jereshia Hawk
“We’re not here to collect opportunities, we’re here to live the opportunities that are meaningful for us and let the other ones go.” - Mel Abraham
“We don’t want our identity and the business’s identity to be the same thing.” - Breanne Dyck
“Be okay with reinventing your business from the ground up with zero base thinking.” - Mel Abraham
Episode Transcript
About the Host / Guests
