In this episode of Welcome to Eloma, Ava Johanna Pendl, Executive Coach and Founder of The Academy of Breath, talks about the importance of regulating the nervous system for entrepreneurs. Kiley and Ava discuss the challenges that entrepreneurs face, such as constant productivity and lack of boundaries, which can lead to burnout and dysregulation. Ava explains the symptoms of a dysregulated nervous system, such as anxiety and physical ailments, and offers practical tips for regulating the nervous system, including slowing down, creating space, and practicing breathwork. They also discuss the importance of integration and reflection in educational programs and the potential impact of a dysregulated nervous system on decision-making and success.

Lastly, Ava emphasizes the need for entrepreneurs to prioritize their well-being and build in a sustainable way.

Quotes

• “Slowing down doesn't mean that you have to put your foot on the brake. We're actually slowing down to be able to speed up. We're slowing down so that we can hold more. We're slowing down so that we can take that step back for a moment and build in a way that's gonna support us for the long term, right?” 6:47
• “Set a rule that you have at least 15, 20, 30 minutes in between each of your meetings so that you can not scroll on your phone, not answer your emails, but take some time to just breathe. The space that you create in stillness is where your creative ideas will come from. It's where the 'yes' for opportunities will land for you.” 9:00
• “If we are constantly inundated by new woulds, coulds, shoulds, information overload, social media, new emails coming in, new ideas, then there's this really cool function of the brain called the window of tolerance. There's only so much that we can tolerate within that window. Anything outside of that is going to push us into burnout. And again, burnout is gonna show up in many different ways, brain fog, anxiety, etc.” 16:45

Links and follow-ups:

Connect with Ava Johanna Pendl:

Instagram: https://www.instagram.com/avajohanna

Youtube: https://www.youtube.com/@iamavajohanna

Websites: www.avajohanna.com, www.academyofbreath.org

Email: ava@avajohanna.com

Connect with Kiley

Learn more at WelcomeToEloma.com

Work with us at RAYNEIX.com

Newsletter Signup: RIXNewsletter.com

Linkedin: Kiley Peters & RAYNE IX

Instagram: @kileypeters & @rayneix

Email: info@rayneix.com

In this episode of Welcome to Eloma, Chelsea Ransom-Cooper, Chief Financial Planning Officer of Zenith Wealth Partners, talks about how entrepreneurs can build wealth within their businesses and outside of their businesses. Kiley and Chelsea explore the potholes that women founders often fall into when it comes to navigating wealth creation, such as thinking of their business as a lifestyle practice and not considering scale and profitability. They also discuss the importance of managing people and creating a culture that inspires and motivates employees.

They touch on the topic of debt and how entrepreneurs can strategically leverage it to grow their businesses. Chelsea also emphasizes the importance of paying oneself a healthy amount and having a clear financial plan. The conversation concludes with a discussion on money mindset and the need to adjust our mindset to see risk as an opportunity for growth.

Furthermore, the ladies discuss the mindset and risk tolerance of entrepreneurs, as well as advanced strategies for building wealth. They explore the concept of risk as an opportunity for loss and how entrepreneurs bet on themselves. They also discuss the importance of mindset in wealth creation and the need for support from coaches and experts. Both Kiley and Chelsea emphasize the importance of small habits and intentional saving, as well as defining what wealth means to each individual. Lastly, Chelsea shares her mission to help bridge the racial and gender wealth gap.

Quotes

• “If you know that you're looking to grow and scale your business and you want to look at bank loans or small business association loans or even considering bringing on investors, how do you have that advocate in your corner so that you're not necessarily making mistakes because you're not familiar with the lay of the land?” 5:11
• “There's this super negative connotation around debt where it's like, hey, if I don't have the cash flow or I don't have the money, I probably shouldn't do it. But debt isn't always a bad thing. We have to acknowledge that a lot of really big publicly traded companies have a lot of debt and they have a lot of debt to grow and scale, to innovate. Debt gives you the opportunities to invest in growth and strategies that you have.” 6:25
• “The goal and the purpose for this business was to meet the demand and the mission that you wanted to serve, but also to make sure that you can pay your bills. Cutting your own pay to invest in other things isn't actually helpful in the long run. So making sure that you are paying yourself and making sure you're paying yourself a healthy amount of the revenue that is coming in.” 13:02

Links and follow-ups:

Connect with Chelsea Ransom-Cooper:

Instagram: https://www.instagram.com/chelsea.cfp/

LinkedIn: https://www.linkedin.com/in/chelsea-ransom-cooper-cfp-6b198346/

Website: https://zenithwealth.partners/

Email: chelsea@networthzenith.com

Connect with Kiley

Learn more at WelcomeToEloma.com

Work with us at RAYNEIX.com

Newsletter Signup: RIXNewsletter.com

Linkedin: Kiley...

In this episode of Welcome to Eloma, Carrie Kerpen, Former CEO and Founder of Likeable, talks about the process of preparing a business for exit and successfully negotiating an eight-figure sale. Kiley and Carrie emphasize the importance of building a business with the end in mind and creating scalable, repeatable processes. Carrie shares her experience of staying committed to her business for 14 years and the challenges she faced along the way. Also highlighted in this episode is the significance of finding the right partner and ensuring a smooth transition for the team and culture.

Moreover, Carrie Kerpen shares her insights and advice on building a successful company and preparing for an exit. Carrie also discusses the value of taking risks, building confidence, and always asking questions. Understanding the economics of your business and focusing on scalable and repeatable offerings are crucial for growth. Carrie believes that building the best possible team and finding joy in your work is the most essential thing for long-term success.

Carrie's ultimate goal is to help women entrepreneurs make as much money as possible and leave a positive legacy.

Quotes

• “Your business is part of your legacy. So if you're selling your business, you are entrusting part of your legacy to a new owner. And that's a really big deal, especially for women. I mean, men too, of course, but I think for women, we put our every ounce of everything into those businesses, our heart, our soul, our, you know, and so. You know, if you're selling it to someone, it better be a good legacy for you.” 14:01
• “Focus on what is scalable and repeatable. Because if you are, and this is specifically for services businesses, a lot of the time, if you are just charging by the hour and doing whatever somebody wants, yeah, it's the fastest road to burnout there is. You have to say, this is my program. This is my offering. This is how it works.” 27:26
• “There's not a moment in your entrepreneurial journey that will not pass, good or bad. There's not a moment in your home life, good or bad, that will not pass. Time is your friend and is also not your friend. There's never anything that lasts forever, nothing good lasts forever and nothing bad lasts forever.” 35:47

Links

Connect with Carrie Kerpen:

Social Media Handles: @carriekerpen on all social platforms

Website URLS: www.carriekerpen.com

Email: carriekerpen@gmail.com

Connect with Kiley

Learn more at WelcomeToEloma.com

Work with us at RAYNEIX.com

Newsletter Signup: RIXNewsletter.com

Linkedin: Kiley Peters & RAYNE IX

Instagram: @kileypeters & @rayneix

Email: info@rayneix.com