276: From Service Provider to Entrepreneur with Sylvie McCraken
The How of Business - How to start, run, grow and exit a small business.
Henry Lopez, Levante Business Group
4.7 • 522 Ratings
🗓️ 30 September 2019
⏱️ 44 minutes
🧾️ Download transcript
Summary
Becoming an entrepreneur: from Service Provider to Entrepreneur with Sylvie McCraken. How to grow from a solo practitioner, trading hours for money, to an entrepreneur with passive income. Sylvie shares her entrepreneurial story, how she started her first small business, and how she currently helps her clients evolve their business such that they can generate income even when they are not actively participating or delivering a service. She focuses on helping her clients develop digital products to develop a passive income stream.
Henry Lopez is a serial entrepreneur, small business coach, and the host of this episode of The How of Business show – dedicated to helping you start, run and grow your small business. (TheHowOfBusiness.com)
Transcript
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| 0:00.0 | Welcome to the How of Business with your host, Henry Lopez, the podcast that helps you start, |
| 0:11.4 | run, and grow your small business. And now, here is your host. This is Henry Lopez. Welcome to this |
| 0:18.2 | episode of The How of Business. Today with me is Sylvie McRacken. |
| 0:23.0 | Sylvie, welcome to the show. Thank you so much for having me. I'm excited to have you here and chat about this topic. We're going to look at it from the perspective of a service professional, which can encompass a lot of things, in particular health care professionals like doctors, |
| 0:39.1 | acupuncturists, massage therapists, even cosmetologist, coaches. |
| 0:43.7 | Anybody that delivers a one-on-one typically type of service is challenged with these limitations |
| 0:51.1 | of trading time for money. I do it as a coach, for example. So how do you |
| 0:56.6 | grow beyond that, that constraint that really allows us to then get to the point where we have |
| 1:03.4 | passive income so that we're not always trading dollars for hours? So Sylvie is going to |
| 1:09.5 | share her interesting entrepreneur story, how she got to |
| 1:12.6 | where she is today, and then talk about how she helps health professionals and other people who |
| 1:18.0 | are, you know, I call them solopreneurs or service providers, how to help, how she helps them |
| 1:22.4 | make more income, have a greater impact, and finally enjoy that lifestyle that we've worked so hard for. |
| 1:29.2 | You want to receive more information about the Hawa business, including links to the show |
| 1:33.7 | notes page for today's episode. Just text the word biz, B-I-Z to 31996. So Sylvie McCracken |
| 1:41.9 | helps health and wellness entrepreneurs who have gone off course, as he says, |
| 1:46.2 | to get refielded and back on track by teaching them to run their business like a well-oiled machine. |
| 1:52.5 | She has more than a decade of experience working with celebrities in the entertainment industry. |
| 1:58.3 | And so after that experience, she started her first business in the competitive nutrition |
| 2:02.1 | and health industry and was able to replace her six-figure salary in 18 months through her |
| 2:09.9 | relentless effort by focusing on strategy and efficiency and creating passive income. |
| 2:16.6 | And as I said, now she teaches other health care professionals how to get back in that |
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