Episode 35: The Secret to Building Confidence So You Can Grow Your Profits with Ciara Stokeland

 

You’ve probably heard about the power of confidence in entrepreneurship, but have you ever really sat down with yourself to evaluate what areas of business you’re confident in and what areas need some more work? Not so surprisingly, there’s a connection between confidence and income, especially for entrepreneurs.

In this episode, Ciara Stockeland joins us to talk about why you need to build confidence before you make a profit. Ciara is a serial entrepreneur, Profit First Coach, and Host of The Boutique Workshop Podcast. She believes that success is realized by being honest about your strengths, weaknesses, and personal goals… and to do this, you need to start having confident conversations with yourself!

“When we have those confidence conversations with ourselves, we find ourselves making more money because we’re saying yes to the right things,” Ciara says, “and the more confident we are, the more results we see which creates momentum which creates more confidence.”

Are you ready to increase your profits this year?! Amazing. So, what are you going to have the confidence to say YES and/or NO to this week?

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Key Takeaways/What You’ll Learn from this Episode:

  • Ciara sheds light on her entrepreneurial journey (which began when she started selling rocks to her neighbors as a kid!).

  • The power of not being afraid to fail in entrepreneurship, asking for what you want/need, and having a growth mindset.

  • Ciara explains why you need to have confidence to start making money and how you can start building a strong foundation of confidence and courage TODAY.

  • It’s important to acknowledge your areas of weakness and where you’d like to improve. Working on these will challenge your confidence but will also help you build greater confidence.

  • The 3 things you MUST do if you want to scale or sell your business.

  • What prevents coaches from scaling their business? (spoiler: running out of time!)

  • Ciara highlights what small business owners should focus on and simplify to increase their profits: Unit level metrics and the margins behind them.

  • If you don’t know your business’s numbers or you’re not confident in your numbers, pick your favorite one and fall in love with it. Suddenly, you’re learning a ton about your business and feeling more confident managing the back-end.

  • What does it mean to be the CEO of your life and business?

  • What makes Ciara feel Audacious as F*ck?

Listen to the full episode here:

Connect with Ciara:

Visit her website, follow her on Instagram, and/or connect on LinkedIn. Check out her podcast on Spotify.

Watch Martha in action on Telemundo's Mujeres Imparables (Unstoppable Women) series: https://www.youtube.com/watch?v=XmNvfDtvuZg

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