How to FAIL PROOF your Online Business | Episode 88

She's Equipt with Jennifer Allwood | The Christian Business Coach for Women

Jennifer Allwood: Christian Business Coach

Entrepreneurship, Business, Marketing

4.9 • 1.9K Ratings

🗓️ 2 October 2018

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

I was shocked when I read that 8 out of 10 new businesses FAIL. The reality is many people have grand illusions about running their own business that just ARE NOT TRUE. Let's talk about my creative business experience... (I've run a decorating painting and online coaching business for 17+ years!) Realizing and understanding misconceptions and myths about business ownership should help you start your business with your eyes wide open. You'll be ready to step through the challenges and this will help you achieve initial success!

Show Notes: https://www.jenniferallwood.com/episode088/

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Transcript

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0:00.0	Hey guys, this is Jennifer and this is the Jennifer Allwood Show, the podcast where you learn
0:07.1	how to create a beautiful home and build a creative business.
0:10.9	Grab a cup of coffee, find a cozy spot in the house, and let's chat.
0:14.6	I'm excited to hear.
0:15.6	We're going to talk about something kind of near and dear to my heart today and something that's I think a fun topic.
0:24.8	We're talking about the myths that people think when they start their own business.
0:30.5	Like the six main myths people have about owning their own business. Like the six main myths people have about owning their own business and what that
0:35.9	looks like and the truth is eight out of ten businesses fail and I think probably the biggest reason is because people go into a business
0:45.7	whether it's you know having a storefront or maybe running a business online or a
0:51.1	creative business like myself but they they might, you know, be having a really
0:55.8	almost disillusioned thinking of what business ownership looks like. And so we're going to talk today
1:01.5	about those myths and kind of my experience with each of those and the bottom
1:06.7	line is I don't want you to be a statistic. I don't want you to be one of those eight out of ten businesses that fail.
1:12.5	And so as much as I can do to shine some light
1:15.5	on what the reality is of business owning
1:18.6	and show you some of the behind the scenes.
1:21.0	It's not always the sexy stuff, but it's definitely the truth.
1:23.8	And so that is what we're going to talk about today.
1:27.0	And hopefully this will just bless you and give you some ideas and help you
1:31.1	to go into some scenarios with eyes wide open.
1:33.8	So we are going to get started with myth number one, which is most people think that you need
1:40.5	a bunch of money to start your own business and that is so not the truth I think it was probably the truth you know 20 30 years ago maybe even 10 years ago but gone are the days of having you know brick and mortar stores because so many
	...

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