Frugalpreneur: Building a Business on a Bootstrapped Budget
Business:Entrepreneurship
Guest Bio
Leah Remillet is the host of The Balancing Busy Podcast, an international speaker, and the Balance Strategist. Leah helps women do less but better. Simply put, if you’re a woman with a mission, but you worry that scaling your business means failing at home, then Leah can show you how to spread your message, make an incredible income and do it all in less time!
ℹ️ Introduction
Welcome back to another episode of Frugalpreneur! Today, we have a special showcase episode featuring Leah, a remarkable mom, wife, and friend who has truly mastered the art of bootstrapping her way to success. In her journey to find that elusive work-life balance, Leah discovered invaluable tips and tricks that she is eager to share with all of our listeners. From limited financial resources to juggling multiple responsibilities, Leah's story is one of determination and resourcefulness. She turned her struggles into opportunities and now helps other women do the same, replacing hustle with happiness. Join us as Leah takes us through her inspiring journey, where she learned how to do less, but better, and achieve true work-life balance. We'll learn about the power of outsourcing, the importance of trusting your gut, and how mastering a skill can open up income opportunities. Stay tuned as Leah offers practical advice on making money count and increasing your income, while also finding the time to enjoy the benefits of financial freedom. And make sure to subscribe to Leah's podcast, "Balancing Busy," where she shares tools and strategies for gaining more time and making your money work for you. Are you ready to take your bootstrap business to the next level? Let's dive in and learn from Leah's incredible journey on this episode of Frugalpreneur!
❇️ Key topics and bullets
- Introduction to the podcast episode and its purpose
- Leah's background and journey into entrepreneurship
- Building a successful business in a short amount of time
- The downsides of focusing solely on money and neglecting other aspects of life
- Making shifts to achieve a better work-life balance
- The importance of setting up the business with future outsourcing in mind
- Utilizing automation, checklists, and workflows to streamline processes
- Learning through YouTube and bootstrapping
- Investing in saving time rather than just saving money
- Structuring the early years of the business for easy delegation and expansion
- The value of learning and mastering a skill that can be taught and monetized
- Leah's success in bootstrapping by offering services based on her expertise
- Leah's failure in trying to save money instead of saving time in a specific project
- The lesson learned about trusting your gut and seeking better, simpler ways
- Leveraging bootstrapping success to create income opportunities
- Leah's final tips for bootstrapping.
🧞♂️ Discussion questions
1. How did Leah's experience as a stay-at-home mom inspire her to start her own business?
2. What were some of the challenges Leah faced when she initially started her business?
3. How did Leah manage to build her business to six figures in just 18 months?
4. What realization did Leah have about the cost of success and the importance of work-life balance?
5. What shifts did Leah make in her business in 2010 and 2011 that allowed her to prioritize time freedom and being fully present for her family?
6. How did Leah's early years of bootstrapping shape her approach to business and the decisions she made?
7. What does Leah wish she had done differently when starting her business in terms of setting up for future outsourcing opportunities?
8. How did Leah's use of automation, checklists, and workflows help her streamline her business and eventually delegate tasks to others?
9. How did Leah's ability to learn and master new skills through YouTube and bootstrapping contribute to her success in monetizing her knowledge and services?
10. What lessons did Leah learn from her biggest failure in trying to save money instead of saving time, and how did she overcome that setback?
Relevant Links
https://leahremillet.com/
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