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So Money with Farnoosh Torabi

1017: Coronavirus and Your Money: Earning More in a Recession with Business Coach Kimberly Lucht

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.72K Ratings

🗓️ 16 March 2020

⏱️ 32 minutes

🧾️ Download transcript

Summary

Kimberly Lucht is a business coach who helps women make their first six figures doing what they love. Degree-trained in psychology, she previously directed and tripled the growth of a woman-focused non-profit. Now she’s committed to helping female entrepreneurs have their first six-figure year through in-person workshops, online programs, and one-on-one coaching. One of the focal topics of the episode is how small business owners can attempt to earn more money this year with all the economic uncertainty right now.

Kimberly's been featured in Money, Business Insider, Create & Cultivate, Well + Good, and Greatist and currently lives in New York City.

Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open!


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Transcript

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0:00.0

So Money Lucked.

0:03.4

Business Coach helping women make their first six figures doing what they love.

0:07.0

You're listening to So Money, with award-winning money guru Farnuosh Karabi.

0:13.0

Each day get a 30 minute dose of financial inspiration

0:16.0

from the world's top business minds, authors, influencers,

0:20.0

and from Farnuish herself.

0:22.0

Looking for ways to save on gas or double your... and from Farnus yourself.

0:22.6

Looking for ways to save on gas or double your double coupons?

0:26.2

Sorry, you're in the wrong place.

0:28.3

Seeking profound ways to live a richer, happier life.

0:31.8

Welcome to So Money.

0:34.0

You're actually doing people a favor by charging a premium because that shows how much

0:39.0

they care and how much they're willing to invest in their dreams, their ideas, their goals.

0:44.6

This is definitely like a two-way street. The fact that you charge more, it's not like something that's like, oh no for like your

0:50.6

clients, this is like an oh yes, let let's do this and I think that's the energy

0:54.4

that everybody should bring to their life and their business. Ever thought of

0:58.2

raising your prices? This is a common question on so money for those of you who run your own business or a side

1:03.8

hustle we talk often about asking your boss for a raise but what if you are your own

1:08.2

boss we pay ourselves less even when the money comes in we pay more for expenses and outsourcing and all the overhead,

1:17.2

we leave much less for ourselves than a typical male entrepreneur does.

1:21.6

Welcome to So Money, everybody. I'm

1:23.0

I'm Farnu Shorabi. I'm bringing on Kimberly Luck to the show today. Many of

...

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