If you’ve ever felt trapped in your business, or if your passion seems to be fading, this episode is for you. We discuss recognizing when it’s time to pivot, the fears that come with leaving a stable income, and how to align your business with your true passions for long-term success.
Key Takeaways:
- Understanding the signs that indicate it’s time to pivot your business.
- Differentiating between the love of entrepreneurship and the love of a specific business model.
- Confronting the fear of leaving a reliable income for a passion-driven venture.
- How to turn lived experiences into a valuable coaching business.
- Breaking down large goals into actionable steps for successful pivots.
- The significance of having a "how" person in your business to complement your vision.
Timestamps:
- [00:00] Introduction: Recognizing the need for a business pivot
- [03:40] Signs it’s time to pivot: When your business no longer aligns with your passion
- [07:00] Confronting the fear of leaving a stable business model
- [10:15] Leveraging lived experiences to build a unique coaching business
- [14:00] The biggest challenge: Transitioning from reliable income to a passion-driven business
- [17:30] Actionable steps for breaking down your business pivot
- [20:50] The role of a visionary and an integrator in business success