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CRAFTED Millionaire

5 Must-Haves For Building Your Multi-Million Dollar Business

CRAFTED Millionaire

Cayla Craft

Entrepreneurship, Education, Self-improvement, Mental Health, Business, Health & Fitness

4.91.3K Ratings

🗓️ 14 November 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

I’m breaking down the five must-haves for building a successful million-dollar business or brand. I explain how to create mission and vision statements based on your values, ways to incorporate more systems and automation in your business, and list out the specific data points to track so you have more visibility into your numbers. I also share multiple ways to get funding for your business that don’t include dipping into your savings, and illustrate why it’s crucial to be consistent. Listen in to hear some of the biggest lessons that I’ve learned from creating multi-million-dollar brands from the ground up. 

IN THIS EPISODE, WE TALK ABOUT:

  • How your vision forms your company culture and helps you make decisions
  • A helpful template to craft your mission statement 
  • What it looks like to create a business, not just another job for yourself 
  • How to set intentional goals for your key performance indicators (KPIs)
  • Exactly how I fund Mommy Millionaire without taking money from my family bucket 
  • Why 95% of businesses don’t make it past 5 years (and what you can do to not be part of that statistic!)

CONNECT WITH CAYLA

Follow Mommy Millionaire: @mommymillionaire.co

Follow Cayla: @cayla.craft

Visit the Mommy Millionaire website: mommymillionaire.co

Transcript

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0:00.0

who do you help? And how do you help them? And why is it so important for you to help those

0:07.7

people? Now, if you don't know this, right? If you cannot answer this mission statement right now,

0:13.8

how do you expect others to buy into you and your vision if you don't know why you do what you do

0:20.4

and where you are headed? Hello and welcome to the Mommy Millionaire Show. This is your host,

0:29.2

Kayla Crafts. I am a mom of three multi-millionaire master life coach and money mindset queen.

0:36.7

I am so happy and thankful that you're here. I am actually on a mission to help one million

0:42.8

women make a million dollars or more a year. That could be you. Every week I'm bringing you

0:49.9

inspiring stories to help you feel empowered to broaden your horizons to gain clarity and strategy

0:58.4

on living your best life. Over at Mommy Millionaire, we pursue our lives with purpose and love and

1:06.0

the riches always follow. So stay tuned because I'm bringing you episodes twice a week. I believe you

1:13.2

are your biggest asset. So let's build you up today. Let's get into it.

1:18.2

Welcome to Mommy Millionaire, the podcast for ambitious self-made moms, both present and future,

1:28.7

seeking financial freedom and generational wealth. I'm sharing five must-haves today for building

1:34.9

your million dollar business or brand. Mommy Millionaires, I want you to have all the resources to

1:42.5

build up your wealth and your business. And today, I'm going to give you those five must-haves

1:48.2

for doing so. Number one, you must have a clear vision, mission, and values. So I'm going to

2:03.5

break it down to you this way. A lot of you know, my vision for Mommy Millionaire was to

2:09.9

make one million millionaires. And that was five years ago and it's really grown and the vision

2:16.6

has got so much bigger because now I'm like, why stop at seven figures? Let's go to eight figures.

2:21.5

Let's go to nine figures. Like, let's get women rich. And the mission behind that is to make sure

2:29.0

that more moms have financial freedom. So that way, they have more options for their children,

2:36.0

for their future. And that's like really important to me because I believe when moms are like

...

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