Logo
    Search

    Girls That Startup: How to Be a Resourceful Business Owner

    enApril 17, 2024

    Podcast Summary

    • Maximize investment portfolio management with SharesightSharesight empowers resourceful investors to access comprehensive financial insights, organize investments, and share portfolios for optimal investment management and growth.

      Being a resourceful business owner is crucial for success, and Sharesight is a valuable tool for resourceful investors looking to manage their investment portfolios effectively. With Sharesight, users can access comprehensive financial performance insights, organize their investments in one place, and even share their portfolio with others. Sim, a 7 figure business owner, exemplifies resourcefulness by making the most of her resources and achieving impressive success with her business, Girls That Invest. By being frugal and creative, she has managed to build a thriving business and reap the rewards. For investors looking to optimize their investment experience, Sharesight's intuitive investment dashboard and special deals offer an excellent solution for staying informed and in control of their financial growth.

    • Starting a business with limited resourcesBeing resourceful allows you to grow a business with limited resources by doing things yourself or finding cost-effective solutions, and eventually hiring help for tasks you're not skilled in.

      Being resourceful in business doesn't always mean having a lot of money to spend. The speaker shares how they started their business with limited resources and had to learn to do things themselves or figure out cost-effective solutions. They also emphasized the importance of trying new things before outsourcing or hiring help. The speaker's resourcefulness allowed them to grow their business and eventually hire help for tasks they weren't skilled in. Overall, the speaker's experience highlights the importance of being creative and adaptable when starting a business with limited resources.

    • Be resourceful and adaptive to save costs and learn as you goStarting a business doesn't require all resources or knowledge upfront. Be resourceful and adaptive to learn new skills, experiment with tools, and save costs. This empowers individuals to make informed decisions, reduce risks, and continuously grow.

      Being resourceful and adaptive is crucial for starting and growing a business. Instead of waiting to have all the resources or knowledge before starting, it's important to learn and experiment as you go. For example, when starting a podcast, one might initially think they need a production agency for distribution and cover art design. However, with some research and experimentation, they might find that they can distribute their podcast for free and create their own cover art using free tools like Canva. This not only saves costs but also empowers individuals to understand the ins and outs of their business, reducing the risk of being taken advantage of. Moreover, continuously learning new skills not only makes individuals more effective in their roles but also brings enjoyment and personal growth. As demonstrated in starting the Girls That Invest course, being resourceful allowed for the elimination of unnecessary hires and streamlined production processes. Overall, being resourceful and adaptive is an essential mindset for entrepreneurs, enabling them to save costs, make informed decisions, and continuously learn and grow.

    • Creating a successful online course with limited resourcesWith determination and free tools, anyone can create and launch a valuable online course despite limited budget and experience.

      With determination and resourcefulness, it's possible to create and launch a successful online course even with limited budget and experience. The speaker, who had never sold a product in her business before aside from partnerships, managed to produce a 6-week investing masterclass by learning how to edit videos using free tools like Imovie, designing slides with Canva, and writing the content in a word document. She also took feedback from each cohort and improved the course accordingly. Although the initial production may not have been polished, the focus was on delivering valuable content to customers. This story highlights the importance of being resourceful and committed to providing value, even when starting from scratch.

    • Contactless Payments on iPhone and Empowering BusinessesIPhone's Tap to Pay feature and Stripe's integration enable contactless payments, expanding businesses' reach and enhancing customer experience with a quick and flexible setup. Overcoming imposter syndrome through confidence and learning from challenges can help individuals succeed in entrepreneurship.

      Tap to pay on iPhone and Stripe offers a game-changing solution for businesses of all sizes, enabling contactless payments directly from an iPhone without requiring additional hardware. This empowers businesses to increase revenue, expand reach, and enhance customer experience with a quick and flexible setup. Imposter syndrome, or feeling inadequate or uncertain in one's abilities, can hinder individuals from taking the leap into entrepreneurship. To maintain a resourceful mindset, it's essential to build confidence in your ability to learn and figure things out, viewing challenges as opportunities to grow rather than insurmountable obstacles. By embracing a resourceful and confident mindset, individuals can successfully navigate the complexities of starting and growing a business.

    • Believe in your resourcefulnessBelieve in your ability to find answers and utilize available resources to overcome challenges

      No matter what project or goal you have, there are abundant resources available to help you figure it out. Whether it's starting a course, building a website, or sending out a newsletter, every question you have has likely been answered before. Utilize search engines, social media platforms, books, and podcasts to find the information you need. Marie Forleo's book "Everything is Figureoutable" and her podcast are great starting points for those who struggle with resourcefulness. Confidence in your ability to find answers is crucial. Remember, someone has already figured out what you don't know, and there's always a wealth of free resources available at your fingertips. Don't let fear or uncertainty hold you back. Just take the first step and trust that you'll be able to figure out the rest.

    • Everything is figureoutableBreak down complex tasks, utilize resources, and approach challenges with a can-do attitude to learn new skills

      With the right mindset and determination, everything is figurable out. Marie Forleo, the author of "Everything is Figureoutable," emphasizes the importance of breaking down complex tasks into manageable steps and utilizing available resources to learn new skills. Even if you're not naturally resourceful, it's a trait that can be developed. For instance, if you're interested in starting a newsletter or learning how to invest, you can figure it out by writing out the steps, Googling what you don't know, and following educational resources. The key is to approach challenges with a can-do attitude and not be afraid to ask for help or seek out knowledge. Additionally, sharing valuable information with others and engaging with the Girls That Invest community can help expand your knowledge and reach more people. Remember, everything is figureoutable. So, keep learning, growing, and never stop asking questions.

    Recent Episodes from Girls That Invest

    Millionaire Diaries: How Upasna Made Her First Million through Index Funds

    Millionaire Diaries: How Upasna Made Her First Million through Index Funds

    Welcome to Millionaire Diaries, where Sim chats with millionaires from the Girls That Invest community to uncover the secrets behind their success! Get ready to dive into their stories as they reveal how they turned their dreams into millions. From childhood influences to career strategies and investment insights, join us as we explore their journey to financial freedom.


    This week, Sim interviews Upasna Gautam, a product and engineering leader at CNN, who shares her journey from a South Asian immigrant upbringing to financial independence by leveraging her tech expertise and prioritizing index fund investments. Upasna emphasizes the importance of personal branding, maximizing tax-advantaged accounts, and the power of compounding to achieve long-term financial success.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJuly 01, 2024

    Girls That Startup: Why We Should Talk about Our Success in Business

    Girls That Startup: Why We Should Talk about Our Success in Business

    Moby Link


    Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.


    This week, Sim and Maia dive into redefining success in business, discussing cultural nuances and how it can impact celebrating wins. They highlight the importance of focusing on impact rather than vanity metrics, sharing personal experiences of how shifting their mindset brought more fulfilment.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 26, 2024

    Investing Expert Shares Their Investments: Jeremy From Personal Finance Club

    Investing Expert Shares Their Investments: Jeremy From Personal Finance Club

    Moby Link


    This week, Jeremy Schneider the founder of 'Personal Finance Club' joins Sim on the podcast. They dive into Jeremy's financial journey, highlighting his transition from a frugal upbringing to becoming a multimillionaire through savvy investments and the sale of his tech company. Jeremy shares insights on the value of passive index fund investing, debunking the allure of day trading and get-rich-quick schemes, and emphasizes the importance of finding trustworthy financial advice. Their engaging conversation also touches on practical spending tips, the impact of childhood money lessons, and Jeremy's latest venture, Nectarine, a platform for connecting with vetted, advice-only financial advisors.


    Follow Personal Finance Club on Instagram


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 24, 2024

    Girls That Startup: Navigating Failure in Startups

    Girls That Startup: Navigating Failure in Startups

    Moby Link


    Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.


    This week, Sim and Maia discuss the importance of failure and how it can lead to growth and learning. They share personal stories of failure and how it has shaped their entrepreneurial journeys. The conversation highlights the need to embrace failure and not be afraid of it. They also provide advice for entrepreneurs facing setbacks or failures.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 19, 2024

    How Sim Plans to Retire by 40: The Financial Independence, Retire Early Method

    How Sim Plans to Retire by 40: The Financial Independence, Retire Early Method

    Moby Link


    This week, Sim and Maia discuss Sim’s plan to retire by 40 using the FIRE (Financial Independence Retire Early) method. She explains that the FIRE method involves calculating how much money you need to live off each year and then investing that amount to generate passive income. Sim shares her own FIRE number and discusses the strategies she uses to achieve financial independence, such as investing in shares, index funds, and real estate. She also talks about the challenges of balancing spending and saving while pursuing early retirement.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 17, 2024

    Girls That Startup: Scaling Your Business to 7 Figures, Strategies for Growth and Expansion

    Girls That Startup: Scaling Your Business to 7 Figures, Strategies for Growth and Expansion

    Moby Link


    Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.


    This week, Sim and Maia discuss the exciting milestone of Girls That Invest hitting $3 million in revenue, sharing their insights on scaling a business effectively. They highlight the importance of passion, clear goals, and impact metrics in business growth. Sim emphasises simplifying your approach and focusing on what you're naturally good at to successfully scale your venture.


    For more Girls That Invest:

    'Til next week, team! 💖



    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 12, 2024

    Should You Invest in Donald Trumps New DJT Stock?

    Should You Invest in Donald Trumps New DJT Stock?

    Moby Link


    This week, Sim and Maia discuss DJT stocks, which are shares of Trump Media and Technology Group Corporation. They explore the origins of the company, its surge in value, and the potential risks and rewards of investing in it. They also touch on the influence of Donald Trump's reputation on the public's perception of the stocks.


    For more Girls That Invest:

    'Til next week, team! 💖




    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 10, 2024

    Girls That Startup: 3 Ways to Improve Your Business Mindset like Sim

    Girls That Startup: 3 Ways to Improve Your Business Mindset like Sim

    Moby Link

    Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.


    This week, Sim and Maia discuss the concept of having an entrepreneurial mindset. They explore what it means to be business-minded, innovative, and problem-solving. Sim shares her personal journey of developing an entrepreneurial mindset and emphasizes the importance of learning from successful businesses and entrepreneurs. They also discuss the shift from problem-focused thinking to opportunity-focused thinking and how it can lead to business growth and success.


    For more Girls That Invest:

    'Til next week, team! 💖




    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 05, 2024

    Why You Should Max out Your Employer Retirement Fund (No Matter What Country You're In)

    Why You Should Max out Your Employer Retirement Fund (No Matter What Country You're In)

    Moby Link


    This week, Sim and Maia discuss the importance of maximising your employer retirement fund, explaining how leveraging employer matches can provide significant financial benefits. They highlight the advantages of tax-deferred growth in retirement accounts and stress the need for diversification to secure financial peace of mind. Tune in to hear their tips on planning for a secure and adventurous retirement, complete with personal anecdotes and practical advice.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enJune 03, 2024

    Millionaire Diaries: How Jane Made Her First Million in Property without a Partner or Rich Parents

    Millionaire Diaries: How Jane Made Her First Million in Property without a Partner or Rich Parents

    Moby Link


    Welcome to Millionaire Diaries, where Sim chats with millionaires from the Girls That Invest community to uncover the secrets behind their success! Get ready to dive into their stories as they reveal how they turned their dreams into millions. From childhood influences to career strategies and investment insights, join us as we explore their journey to financial freedom.


    This week, Sim interviews Jane who shares her journey from growing up in a low socioeconomic area to becoming a property millionaire. Jane discusses how early financial struggles and indirect learning from her mother influenced her money management skills, eventually leading her to invest in properties through leveraging and gradual financial planning. The episode highlights the importance of community, particularly a network of supportive women, in achieving financial success and offers practical advice on property investment and financial growth for young women.


    For more Girls That Invest:

    'Til next week, team! 💖





    Hosted on Acast. See acast.com/privacy for more information.


    Girls That Invest
    enMay 31, 2024

    Related Episodes