🙋🏽‍♀️ How I rebuilt my business after an economic recession

I know a lot of people are worried about the economy right now.

I also have fears that pop into my head in the middle of the night. Do we need to leave the country? Do we need to uproot and rebuild our lives?

For the next 100 days, much of our attention will be focused on the news, media, and elections. We must stay engaged.

But one thing I know about entrepreneurs is we also need to take care of ourselves and our families. We can’t just stop running our businesses.

During times of uncertainty, you think you should move away, shut it down, and start over. But this is the moment to bloom where you are planted. 🪴

Deepen your roots. 

Double down on what’s working. 

Don’t give up. 

How I rebuilt my business after an economic recession

Because history repeats itself. The economy repeats itself. There will be people who struggle during this season. People will also thrive (not just survive) during this season. 

I want you to be in the thriving category. When I started my brick-and-mortar business on Kauai, I liquidated our assets, shut down Little Sprouts Playhouse, and moved in with my in-laws #worstcasecenario

My big mistake was never hiring a coach or talking with other small business owners. You don’t know what you don’t know. 🤷🏽‍♀️

I read many self-help books because that’s what you do when you have a 4-year-old daughter and move in with your husband’s parents.

I discovered masterminds after reading Think and Grow Rich, where Napoleon Hill described a mastermind group as:

“The coordination of knowledge and effort between two or more people who work towards a definite purpose in a spirit of harmony…

No two minds ever come together without creating a third, invisible, intangible force, which may be likened to a third mind (the master mind).”

Knowing I still wanted to be an entrepreneur, I had to do things differently if I was going to thrive (not just survive the global recession).

The biggest shift I made in building my next business was… 

Joining MASTERMINDS.

Even though I had a business partner, we joined masterminds together and separately. We paid up to $30,000 and also joined peer-led masterminds.

I became addicted because it was the most strategic way to grow.

I no longer felt alone. Business felt more fun. And one conversation, one introduction, one tool, could turn into a million-dollar idea (and it did!). 💡

Watch this quick video for a glimpse of the Collective doing Mastermind “Heart Seats,” where everyone brings a challenge they’re facing in their business and gets support from myself, our resident mindset coach, and different business owners in the group. It's all part of the magic we co-create together. 💫

Want to learn more about the Collective? Click here to learn more and apply. 💕

Warm hugs,