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the bossbabe podcast

444: Your Work is Not Your Worth: The Real Path to Freedom + Your Most Profitable Year in Business Yet

the bossbabe podcast

Natalie Ellis

Education, Entrepreneurship, Marketing, Business, Self-improvement

4.92.3K Ratings

🗓️ 2 January 2025

⏱️ 54 minutes

🧾️ Download transcript

Summary

Welcome to the first episode of 2025! Join Natalie + Lindsay as they reflect on their biggest lessons from 2024 + dive into how to redefine freedom in business while staying aligned with your values. This episode unpacks how freedom evolves over time, how Maslow's Hierarchy applies to entrepreneurship, and why your work is not your worth. The conversation is filled with practical insights on goal-setting, anti-goals, managing a lean team, and creating a sustainable and joyful business. Plus, hear about the exciting launch of the Bossbabe Planner (in Walmart stores now… what a freaking pinch me moment!) and how it can help you map out a fulfilling + intentional year. What You’ll Learn in This Episode: What freedom in business actually means and how it evolves over time. Why less complexity and alignment can lead to more profit + joy. How Maslow's Hierarchy of Needs ties into business and mindset growth. Lessons on navigating team dynamics and maintaining high standards. How to set anti-goals to avoid burnout and create a business you love. A behind-the-scenes look at Bossbabe’s most profitable year yet + the creation of the Bossbabe Planner in Walmart stores now. TIMESTAMPS 00:00 – Intro 00:13 – Kicking off 2025 with reflections on 2024 and setting intentions for the new year. 01:04 – The surprising results of 2024: How Bossbabe achieved its highest revenue and profit year without making it the primary goal. 01:57 – The power of saying no: Cutting non-essentials and focusing on what moves the needle. 03:19 – Lessons learned in hiring, firing, and aligning your team with your values. 04:57 – Why you don’t need a big team to run a successful business — simplicity is key. 07:47 – Navigating cancel culture and embracing confidence in setting high standards. 09:43 – Why authenticity and alignment are more important than ever in online business. 12:37 – The importance of building a freedom-based business that prioritizes alignment and integrity. 16:12 – Personal reflections from Natalie: Balancing motherhood, business, and personal growth. 18:33 – How Maslow’s Hierarchy applies to entrepreneurship: From survival to true freedom. 22:31 – The magic of white space: Why clarity often comes from slowing down and creating space. 27:09 – Freedom redefined: Choosing how you work today to create a life you love tomorrow. 28:34 – Why freedom is more about mindset than money — and how to break free from “moreness.” 31:28 – Your work is not your worth: The mindset shift every entrepreneur needs. 37:43 – Behind the scenes of the Bossbabe Planner: Why it’s the ultimate tool for intentional goal-setting. 45:12 – The importance of planning: How laying out your year helps you avoid reactivity and overwhelm. 49:39 – Wrapping up: Creating a proactive, intentional year and prioritizing what truly matters. RESOURCES + LINKS Get Your Bossbabe x Bly Sky Planner Here. Sign Up For Our Free Weekly Newsletter & Get Insights From Natalie Every Single Week On All Things Strategy, Motherhood, Business Growth + More.  Join The Société: Our Exclusive Membership To Help You Build A Freedom-Based Business. Learn Natalie’s Proven Method for Building a Profitable, Predictable, Freedom-Based Business and Get Back to WHY you Became an Entrepreneur in this FREE 90-Minute Training. Drop Us A Review On The Podcast + Send Us A Screenshot & We’ll Send You Natalie’s 7-Figure Operating System Completely FREE (value $1,997)  FOLLOW bossbabe: @bossbabe.inc Natalie Ellis: @iamnatalie Lindsay Roselle: @lindsayroselle

Transcript

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0:00.0

Welcome to the first episode of 2025. I am so excited to be doing this. Lindsay, welcome. Hello. Happy New Year. So Lindsay has

0:24.7

been in Austin with me and the whole family for Christmas, which was absolutely amazing. We had

0:30.8

the best time. And we wanted to record this and drop in with a little bit of a reflection from

0:35.5

24, talking about intentions for

0:38.3

2025. And then also, I really want to dive into our goal setting process. I absolutely love

0:44.3

hearing how other people set their goals and how they think about the year. And then generally

0:48.8

how people stay on track. So that's really what we want to get into. But I think starting with a

0:53.5

little bit of reflection

0:54.7

would be really powerful. And maybe you can just share some kind of highs, lows,

1:00.5

lessons growing. I first want to say, we had our highest revenue and profit year in

1:06.8

Boss Babe history in 2024, which feels so surreal because it was not even the intention

1:13.9

going into the year.

1:15.3

Like it was not a goal we set for the company.

1:18.1

It was not something we've been working towards.

1:21.1

The goal has been, let's build something that is deeply aligned with us is impactful. Let's serve. Let's show up. Let's not compromise

1:30.2

our values, our integrity, our priorities. And this is the result of it. So firstly, go us. That's also.

1:37.0

Yeah. No, and I feel like even in the spring, we started cutting things off of our list that we had

1:41.7

thought we might do when we did planning in January and we were

1:44.8

like, we were super excited about. And then by mid-spring, we were like, ooh, that's too much. And we started

1:50.0

cutting things off and still ended up here, which is a testament, I think, of like, what we'll talk

1:54.2

about today. It's just relentless, relentless coming back to is this truly a needle mover, no shiny

1:59.9

object syndrome, no like wishy-washy

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