Don’t Miss These Steps If You’re Starting A Business! Critical Advice For Entrepreneurs From Elaine Slatter

Momma’s Motivational Messages: Inspiration for Stressed Out Gen X Women

Critical Steps You Don’t Want To Miss If You’re Starting A Business:

Entrepreneurial Advice From Elaine Slatter

We cannot ignore the fact that the COVID19 pandemic has had many negative impacts on the lives of individuals, families, businesses, our country and the world-at-large. However, the pandemic has also provided opportunities for many. One such group is female entrepreneurs and, in fact, business experts say that 40 % of female entrepreneurs launched their businesses as a direct result of the pandemic. Of note also is the statistic that says that 62 % of women business owners are between 40 and 59 years old, basically Generation X women, that’s you my faithful and new listeners!

Whether you’re one of those women who has already started your own business or you’re contemplating becoming an entrepreneur, you’ll want to listen to this episode to hear the critical strategies that Elaine Slatter shares to help you navigate some of the hurdles that entrepreneurs can experience. Elaine is the founder and CEO of XL Consulting Group, which is a small business advisory specializing in entrepreneurial startups and businesses that are not experiencing their full potential, and the author of Fabulous Fempreneurship: Your Complete Business Startup Guide.

Some Of The Gems We Unpacked In This Episode:

• That moving up the corporate ladder (while on your way to entrepreneurship) sometimes requires taking on many lower level roles to grow your skills before you can advance
• That you sometimes have to work outside of your area of passion before you have everything you need to make that your focus
• That having a passion for your business is critical for longevity

5 Key Takeaways From Our Conversation:

• That, contrary to popular opinion, having a business plan is extremely important when you are starting a business
• That getting some knowledge of financial literacy such as,financial management, cash flow management, debt strategies before starting out can be critical to your success
• That it's important to take inventory of your skills, and be prepared to hire help if you need to
• The importance of not making a rash decision to quit your job to start a business; instead plan it out and set aside at least one year’s income
• The importance of believing in yourself, doing your homework and then just executing your plan

• Free Book Giveaway (Electronic Copy)

Email Elaine at: Elaine_Slatter @XLconsultinggroup.com

Connect with Elaine:

Email: [e-mail]

Website: https://xlconsultinggroup.com/

Twitter: https://twitter.com/XLConsultingGro

YouTube: https://www.youtube.com/c/Xlconsultinggroup

LinkedIn:https://www.linkedin.com/company/xl-consulting-group---business-strategy-and-marketing-coaching/?viewAsMember=true

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