Have you ever felt that you have no time to create a business? Or your business is not earning more than it should? As a stay-at-home mom, being a mother takes the priority. We need to be able to find work that is high-profit and high-purpose for a minimized time. People often make the mistake of turning to blogs and Youtube channels for this – but only 84% earn less than US$105 a month, and only 8% achieve a livable wage through these platforms.
In this episode, we are joined by Kat McLead to discuss how to create a high-profit and high-purpose business that will not interfere with your time as a mom. She shares the different steps of the process and the importance of targeting a niche. As a business coach, she is passionate about helping moms like herself share their talents and skills with the world!
Tune in to this episode to learn how to create a high-profit business and still spend time with your family!
Here are three reasons why you should listen to the full episode:
- Find out why targeting a niche market is profitable.
- Discover how Kat crafted the Profit and Purpose Framework!
- What are the four steps to creating a high-profit business as a stay at home mom?
Resources
- Jamaica Stock Exchange is the principal stock exchange in Jamaica. Incorporated in 1968, it continues to this day, facilitating growth of various companies!
- Get a free training from Kat McLead on The 4 Keys Steps to Starting Your Own Ideal, High-Profit Business as a Stay at Home Mom!
- Curious about the ugly truths of entrepreneurship? Tune in to Episode 86 with David Mullings!
- In 2017, 18 CNN, Forbes- Featured, etc. experts from 4 countries over 4 days dropped value bombs at The Entrepreneurial You SME Virtual Conference and Expo. Through the one time payment of US$30, you can get access to all 18 episodes! Sign up here and be a Peak Performer!.
Episode Highlights
Kat’s Work With Sex Workers
- Kat helped women transition out of the adult industry and into entrepreneurship 13 years ago. This is how she developed the profit and purpose framework designed specifically for busy moms.
- She started her first multiple six-figure business 20 years ago and hasn’t slowed down ever since – not even after having her son.
- She knew what it felt to be trapped in a high-profit industry she didn’t like.
- Kat came from an abusive household, but she overcame this by becoming an exotic dancer first and then a dominatrix.
Why Should You Focus On a Niche
- Kat first niched down on the part of her last job that she hated the least or enjoyed the most.
- She discovered that riches are truly in the niches.
- Her first business exploded because she found her niche in the industry.
- People make the mistake of wanting to please and serve everyone.
- This impression of targeting a niche will reduce profits – but this is where the money is.
Kat’s Career Change And The Profit-Purpose Framework
- Kat went from the adult industry for five years before entering graduate school. She subsequently transitioned into a corporate job, this did not suit her.
- She developed the Profit and Purpose Framework when she chose to help women transition out of the sex industry as her second-year project.
- After realizing that women need help to obtain high-profit and purposeful work, she accidentally became a business coach.
- You have to find purpose and enjoyment in your work.
Create A High-Profit Business
- As a mom herself, Kat understands that business is second to being a mother.
- People often start a business without planning it to become highly profitable.
- Moms are often given the advice to start a blog or Youtube channel, but the platforms are small profits for a huge amount of time and effort.
- You have to realize that your existing skills, talents, and gifts can be monetized!
- Listen to the full episode to hear Kat’s Profitability Index and see how you can maximize your skills and profits!
The Importance Of Purpose
- List all the skills, talents, and gifts you have and note which you want to share with the world.
- Growing a business alone, without purpose, is not sustainable.
- Finding purpose in your work is essential so that you will not grow resentful about it.
- Create a business that you feel perfect about.
As A Mom Helping Other Moms
- Kat shares how she became so bored once her son entered preschool.
- During this time, she helped a friend start her own business for free.
- Eventually, she realized that a lot of moms need help to create their own business.
- Her program is specifically tailored for busy moms.
- Kat shares her joy in seeing other moms achieve their goals and getting clients.
The 4 Key Steps
- Pinpoint your perfect business idea.
- Craft your offer; understand the needs of future clients.
- Command your premium profit.
- Land paying clients.
- Listen to the full episode to get an in-depth discussion on each step! You can also refer to Kat’s free training on her website.
Growth Takes Time
- Kat points out that entrepreneurship is messy. You must handle this messiness.
- The journey will be imperfect, and there will be mistakes because business takes time.
- Remember that determination is key to success, and you have to show up consistently.
- Don’t be afraid to try something new.
- You may seek help to improve your business.
5 Powerful Quotes from This Episode
“The truth is, when you try to serve everyone and offer all your gifts, you wind up not serving anyone because your offers falling on deaf ears, you actually have more impact and have an easier time to gain the clientele you want to serve when you niche down.”
“What so many people tend to make the big mistake of is that they start businesses that were never going to be highly profitable from the very start.”
“A lot of us moms, especially those that identify with being stay at home moms, we have so many talents and gifts, and they get they get shelved on the table sometimes.”
“The purpose is really important to me because if you don’t feel purposeful in your work, you will not want to do it. You will grow to resent it just like I did in my first business.”
“There will be so many setbacks, and the number one key to success is truly deciding on success – deciding that you will be successful no matter what and keep moving forward.”
About Kat McLead
Kat is the creator of SAHM Entrepreneur and helps stay-at-home moms pinpoint their perfect business niche to maximize profit for minimum time spent. Her first business was in the adult industry, and during graduate school, she helped sex workers transition out of the adult industry. Her experiences led her to create the Profit-Purpose Framework and the 4 Key Steps to Launching an Ideal High-Profit Business. Also, her own experiences as a mom made her realize that business comes second to being a mom – her programs are tailored to suit busy moms.
Curious about Kat’s program? Check out her website. You can learn more by listening to her podcast on Spotify and Apple Podcasts.
Have specific questions? You can reach out and follow Kat on Facebook, Instagram, and Twitter.
Enjoy this Podcast?
No matter what position you’re in, know that you can create a high-profit business you want and still be able to spend time with your family. If you enjoyed today’s episode of The Entrepreneurial You, hit subscribe and share it with your friends!
Post a review and share it! If you enjoyed tuning into this podcast, then do not hesitate to write a review. You can also share this with your family and friends, and especially stay-at-home moms, so they can feel empowered and encouraged to pursue their business.
Have any questions? You can contact me through email (henekawatkisporter@gmail.com) or find me on Facebook, Twitter, Instagram, and LinkedIn. Thanks for listening!
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Stay inspired,
Heneka
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