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Episode 17: Resilience & Pivoting: How to Navigate Challenges and Reinvent Your Business with Jen Kinal
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In this solo episode of The Bold Entrepreneur Podcast, Jen Kinal discusses the importance of resilience and adaptability in business. She shares her personal journey, highlighting how numerous pivots and challenges, though initially perceived as failures, ultimately shaped her into who she is today.
Jen recounts her experiences with an event planning company, a construction business, and the impact of COVID-19, emphasizing the need to design a business that aligns with one's desired lifestyle. She underscores the significance of recurring revenue, location independence, and pandemic-proofing a business. She also stresses the importance of valuing oneself, seeking support from coaches and communities, and recognizing that setbacks can lead to greater opportunities.
What to Expect in This Episode:
- Resilience: Overcoming challenges and setbacks in business and life.
- Pivoting/Shifting/Adjusting: Adapting business strategies in response to changing circumstances.
- Entrepreneurial Journey: Sharing personal experiences of ups, downs, and hardships.
- Event Planning Business: Starting, building, and rebuilding an event planning company.
- COVID-19 Impact: The effects of the pandemic on the event planning industry and business in general.
- Pricing and Value: Understanding and confidently setting prices for services.
- Recurring Revenue: Building a business model with consistent monthly income.
- Pandemic-Proofing: Designing a business that is resilient to external crises.
Key Takeaways
- Resilience is Key: Challenges and setbacks are inevitable in business and life, but resilience is crucial for overcoming them.
- Embrace Pivoting: Be open to shifting and adjusting your business model as circumstances change.
- Design Your Business: Create a business that aligns with your desired lifestyle, values, and goals.
- Value Yourself: Understand your worth and confidently price your services accordingly.
- Reframe Failure: View failures as opportunities for growth and learning.
- Create Recurring Revenue: Aim for a business model that provides consistent monthly income.
Connect with Host Jen Kinal:
Instagram: https://www.instagram.com/jenkinal/
Website: https://jenkinal.com/
Facebook: https://www.facebook.com/jenkinalcreativebrand
LinkedIn: www.linkedin.com/in/jenniferkinal
Join us at the Be Bold Conference:
Ready to connect, grow, and get bold in your business? Grab your ticket to The Be Bold Conference — a powerful one-day event designed for women in business who are ready to level up. Don’t wait — tickets are limited! https://jenkinal.com/be-bold-conference/
Be a Guest on the Bold Entrepreneur Podcast:
Have a story to share? Reach out to be a guest on the Bold Entrepreneur Podcast. We’d love to hear from you! Connect with us and let’s grow, learn, and thrive together.
Stay Bold and Dream Big!
Intro and Outro music credit to Mikhail Smusev and Pixabay
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