In my first year of entrepreneurship, “Murphy’s Law” went into full affect.
Top 4 setbacks in the first year:
1. Purchased my first car for $13,000 and the transmission went out in the first year ($4,000+)
2. A pipe burst in my kitchen and flooded the kitchen and basement ($1500 insurance deductible)
3. Oven died and could not be repaired ($1000+)
4.Severely under estimated personal expenses + business expenses and over estimated monthly income ($500/month) as a startup.
I was recently asked in a panel discussion about my biggest struggle as a new mom and entrepreneur. I responded mindset. I have been so accustomed to “hustle/grind mode” since grade school that building a family didn’t become a priority until my mid 30s. At 38, I welcomed my sweet baby boy into my life, but I had a hard time figuring out how to incorporate him into my life as an entrepreneur.
Over the past few months, I realized that the same way I delegate and manage my business is the same mindset I need for my house and family. I outsource housecleaning and childcare, and I learned to accept help from the people in my village that offer to come sit with my baby while I take a one hour nap. I communicate with my husband about what I need to feel supported around the house. I love the flexibility to be able to delegate, create more space for self care and be at 100% for my family. Entrepreneurship is one hell of a rollercoaster ride, but I could not imagine trying to build a family while working a corporate job.
Over the past eight years, I have grown my business into a 5 star-award winning luxury wedding cake bakery with features on Food Network, TLC’s Four Weddings, Voyage ATL Magazine, iHeart Radio and the Jim Beach radio show; and my work has been published in countless industry magazines. The success of my business has catapulted my speaking career and social presence as a business coach and strategist. I use my real life experiences to help startup and small businesses grow their revenue through financial literacy and sales training. I am now on a mission to teaching and empowering new cake designers how to build profitable businesses from their home kitchen.