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Blessed + Bossed Up

231: The Foundation for a Successful Business

Blessed + Bossed Up

Anchored Media Network

Business, Education, Entrepreneurship, Self-improvement

4.82.2K Ratings

🗓️ 30 May 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

About this episode: 
In this week’s episode, Tatum talks about building a business structure that gives you the freedom of your time. She talks about building and growing a business and how to not only be an entrepreneur, but how to be a CEO.

Key Points:
You have to have patience when you are starting a business (5:43).
Document all of your policies and procedures (7:44).
Write out a 5-year strategic plan for your business (8:31).
Iron out your company's culture, vision, mission, and values (13:07).
Have a weekly executive team meeting, even if you are not a full-time entrepreneur (18:44).
Start outsourcing, but start small (30:29).
 
Church Announcements:
Our Sponsors: * Check out BetterHelp and use my code betterhelp.com for a great deal: https://www.betterhelp.com * Check out Bilt and use my code joinbilt.com/blessed for a great deal: https://www.biltrewards.com * Check out IXL and use my code TODAY for a great deal: https://www.ixl.com * Check out NetSuite and use my code netsuite.com/BLESSED for a great deal: https://www.netsuite.com * Check out Super.com and use my code super.com/credit for a great deal: https://super.com * Check out Time4Learning: https://www.time4learning.com Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0

You are listening to Blessed and Bostup, presented by Anchor Demedia.

0:05.0

In entrepreneurship podcasts for Christians, all about how to make God the CEO of your business.

0:12.0

Get ready to be inspired, challenged, but well equipped to live and build your destiny his way.

0:30.0

Welcome to another episode of the Blessed and Bostup podcast.

0:34.0

On today's episode, I'm going to be talking about building a business structure that gives you the freedom of your time.

0:41.0

I came to just this moment of gratitude this week because I have realized it's like that moment.

0:48.0

I don't know if you guys have seen on social media. It's like a little meme that says that one day you look up and it's like I'm here.

0:56.0

Everything that I pray for is here. And I have one of those moments this week where it was like I finally got through this glass ceiling that I believe a lot of us get to in business where you start these companies.

1:09.0

You start these brands and you wear all the hats. You're the marketer, you're the accountant, you're the subject matter expert.

1:16.0

You are the assistant. You are all of the things.

1:21.0

But in order for you to really scale and grow to the places that you want to grow to, you can't be all the things.

1:29.0

You have to create a business structure that's able to function without you because that way you're able to go on vacation, you're able to take time with your family, you're able to take a step back.

1:39.0

And the company isn't going to go under because you have things set up in a way to where the company can still grow and move forward without you being there.

1:49.0

And I believe that that glass ceiling a lot of us hit because we're not prioritizing the goal or preparing for that season of the business from day one.

2:01.0

You feel like you have to reach a certain income goal in order for you to start having this type of structure or you feel like you have to hire employees before you start thinking about this.

2:13.0

And that's not true. I know a lot of you guys who listen to this show, you're in that place that beginning stage of your company where you don't have employees is really just you, you may have some contractors who do things here and there, but it's just you.

2:26.0

And so I want to talk to you in this season of your business about how to create the structure so that you can get to that point and you don't hit that glass ceiling like I did.

2:37.0

Before we get there though, couple church announcements, we have our Find Your Voice Academy retreat this year in December for anchor media.

2:46.0

This is our retreat that we have for new and aspiring podcasters. So if you have a podcast and you want to grow it and monetize it. If you want a podcast, but you don't know where to start, click the link in the show description.

3:00.0

And it'll take you to a replay of our open house. We actually expanded our retreat this year, which I'm really excited about because we kept selling out so fast.

3:09.0

It was a good problem to have, but at the same time, the demand was there. So I wanted to adjust some things so that we can be able to meet the demand that we had. And so we were able to do that. Thank God, because we sold out our old capacity within like a day.

3:23.0

We still have tickets available. You can click the link in the show notes to watch the replay to learn all about what the retreat is about.

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