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EP.9 Scaling Your Business From Zero to 8-Figures Within 5 Years, with Kelly Hatfield

Scaling Your Business From Zero to 8-Figures Within 5 Years, with Kelly Hatfield

 

In this episode, our guest is Kelly Hatfield, business owner, coach, and host of Net 7: Exceptional Life Podcast. Kelly will share her experiences in launching multiple businesses, the in-betweens, and other enlightening things she discovered throughout the process. Stay tuned!

 

Humble Beginnings

[01:15]

Kelly dreamed of being an entrepreneur. She didn’t start her first business until she was 36. She used to be like most people who were working normal jobs. She jumped from one job to the next, never finding what she was looking for, but she learned a lot. Eventually, she landed a job in the recruiting industry, where she worked for almost 14 years before starting her own business.

 

Starting the Business

[06:15]

She and her eventual business partner broke ties with the companies they worked for because they knew they could do it better on their own. But they weren’t expecting the 2008 crash. 

 

Leaving your Comfort Zone

[11:11]

You need to be aware that the whole idea of change and being uncomfortable is your brain telling you to stay safe and comfortable in your comfort zone. It will keep making excuses just to keep you there, no matter how invalid they are. Throwing obstacles your way will be one of the things your brain will do. You must overcome them all and leave anyway.

 

Sacrifices

[17:52]

Kelly had a safety net in the form of money. To make ends meet, it was necessary to make sacrifices. She intended to work for free for the first year. They did, however, use that time to develop relationships and learn more about business-related topics. It took them 11 months to make their first dollar, and another year to become self-sufficient. By the fifth year, they were earning eight figures. Kelly advises staying focused, doing the right things, and making small steps forward each day.

 

Absolute Advantage Leadership

[30:08]

The Absolute Advantage Leadership was born as a result of dependence and listening to customers. Kelly helps companies with high-performance training and development; she says it’s one of her passion projects.

 

Book Recommendation

[36:17]

Kelly recommends the book The E-Myth: Why Most Businesses Don’t Work and What To Do About it. It talks about the difference between starting a business with the knowledge and experience you learned and wanting to create a new job for yourself and just wanting to do it because of your love for that specific career in the first place.

 

Knowing What You Want

[45:23]

Kelly explains that the first thing you need to start with is clarity. You have to know what you want and why you want it. Is it something you’re interested in? Are you committed to making a change to get there?

 

Kelly’s Advice

[54:01]

If you're having second thoughts and it's always been your dream to have you own business, Kelly says you should start taking action. You must decide whether it is something you are interested in or want to do and be willing to commit to doing it. To grow, you must push yourself. 

 

Learn more about Kelly Hatfield and Think It, Be it. at:

 

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