Navigating the Ups and Downs of Entrepreneurship
In this episode, Tammy Johnston shares her journey of becoming a business owner. After years of working in the financial services industry and experiencing dissatisfaction with her job, she was unexpectedly fired, which turned out to be a blessing in disguise. Feeling a weight lifted off her shoulders, she made the decision to start their own business. Tune in to hear more about her journey into entrepreneurship and the lessons she learned along the way.
In this Episode:
[00:04:23] Starting a family and entrepreneurship.
[00:09:49] Figuring out what matters.
[00:11:30] Understanding strengths in a business.
[00:16:13] Reading for personal growth.
[00:22:06] Growing too fast as a problem.
[00:27:38] Referrals and trust in business.
Show Notes
In this episode, Tammy Johnston discusses the importance of building connections and relationships with successful people. She emphasizes how these connections can provide valuable advice and support for business owners and entrepreneurs. Tammy specifically highlights the helpfulness of mentors in introducing her to individuals who can offer guidance and solutions to her problems.
Tammy also emphasizes the significance of informal conversations and networking with other small business owners. She explains that her most significant growth often comes from these types of interactions, where she can discuss her own experiences and learn from others.
Tammy discusses the benefits of having trusted connections and mentors. She highlights the value of building relationships with successful individuals who can provide guidance and act as a filter for the vast amount of information available.
The episode emphasizes the importance of building connections and relationships with successful people to gain valuable advice and support. These connections can provide access to valuable resources, introduce new opportunities, and offer guidance from individuals who have already achieved success in their respective fields.
Additionally, the speaker recommends investing in oneself through good books before committing years of life savings and self-esteem into something that may not be suitable. She mentions two favorite books, "Before You Quit Your Job" by Robert T. Kiyosaki and "The E-Myth" by Michael Gerber, which she considers foundational reads. She also emphasizes the importance of effectively structuring your day, particularly for those who are still employed but desire to start their own business.
Lastly, the episode emphasizes that recognizing and utilizing individual strengths is crucial for running a successful business. By understanding their strengths and weaknesses, entrepreneurs can focus on areas where she excel and seek assistance or further development in areas where she may struggle.
Connect with Tammy: http://ksabusiness.ca