In this conversation, Nicole Brown, a serial entrepreneur, shares her journey of building multiple streams of income. She owns a child care center, a boutique, and a coaching program. She also pastors a church. Nicole emphasizes the importance of having multiple streams of income, especially in times of uncertainty like the COVID-19 pandemic. She highlights the need to take action and overcome fear in order to succeed as an entrepreneur. Nicole also discusses the power of putting yourself out there and being transparent in your business. She shares her personal experiences with challenges and setbacks, including a tax issue, and emphasizes the importance of investing in yourself and getting coaching to grow your business. Nicole's story demonstrates the value of building a community around your brand and leveraging your influence to collaborate with others. This interview emphasizes the need to show up, engage with your audience, and share your story to build a personal brand. They also highlight the importance of overcoming fear and taking the necessary steps to grow your business. Additionally, they discuss the benefits of networking and collaboration over competition. Nicole shares her experience of receiving PPP loans and adapting her business during the pandemic. She emphasizes the importance of rebranding and adjusting your business to meet the changing needs of your target audience.
Takeaways
- Having multiple streams of income is important for financial stability, especially during uncertain times.
- Taking action and overcoming fear are essential for success as an entrepreneur.
- Putting yourself out there and being transparent in your business can attract customers and build trust.
- Investing in yourself and getting coaching can help you overcome challenges and grow your business.
- Building a community around your brand and leveraging your influence can lead to collaboration and opportunities for growth. Building a community around your business is crucial for success. Show up, engage with your audience, and share your story to build a personal brand.
- Overcome fear and take the necessary steps to grow your business. Don't let fear stop you from asking questions or taking meetings.
- Invest in yourself and your education to reach your goals. Networking and collaboration are key to success.
- Adapt your business to meet the changing needs of your target audience. Rebranding and adjusting your services can help you thrive.
- Take advantage of opportunities, such as PPP loans, to support your business during challenging times.
Highlights Included: 00:00 Introduction to Multiple Streams of Income
00:56 Nicole Brown's Multiple Businesses
03:01 Starting a Child Care Business
04:23 Expanding the Child Care Business
05:18 Starting a Jewelry Boutique
06:17 Overcoming Fear and Taking Action
07:31 Transitioning to a Kiosk Business
08:57 The Importance of Showing Up as Yourself
10:45 The Power of Transparency and Overcoming Insecurities
15:16 Transitioning to Business Coaching
19:05 Lessons Learned from Business Mistakes
21:26 The Importance of Perseverance
23:23 The Value of Investing in Coaching
25:50 Building a Community Around Your Brand
30:04 Building a Business and Ministry
34:37 Building a Community Around Your Business
37:02 Overcoming Fear and Investing in Yourself
38:27 Collaboration Over Competition
39:20 Navigating Business During COVID-19
46:26 Adapting and Rebranding in Challenging Times
53:18 Connecting with the Audience and Reaching Success
55:57 Taking Action and Overcoming Procrastination
57:39 Empowering Others and Achieving Financial Freedom
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40 mins