Sep 20, 2020
In this episode, I interview
Ingrid Thompson, the Founder of Healthy Numbers, a training,
coaching, and consulting business for business startups and
entrepreneurs. She is also the host of the “So You Want to Start a
Business” podcast where she interviews entrepreneurs and leaders
who think big and who take action to create business success,
financial independence, and to make a difference in the
world.
She is driven by her passion for
helping people create financial well-being and especially through
business ownership, and her focus is mostly working with people who
are keen to explore the options of starting a business for
themselves. Ingrid is also a consultant, webinar host, and author
of the awesome book, “So you want to Start a Business”
In 2005, aged around 40, Ingrid
left a stable corporate career to start her own small business
after falling in love with the agility and challenges in that
sector. She helps female business owners not only know their
numbers, but the right ones, like charging enough for their
products and services. Ingrid helped one business owner double her
prices and to the business owner’s surprise, she kept all her
customers. With 45% of female business owners not paying into their
own superannuation in Australia, Ingrid is on a mission to reduce
this number through her coaching.
She funded her business solely
from profits and says she felt she had succeeded when people she
didn’t know came to her for help. Ingrid feels the hardest thing
about growing a small business is showing up each day, and the
advice she would give herself on day one is, “Book time in your
calendar every week to look at your numbers” This is one super
resourceful episode you won’t wanna miss so stay
tuned.
This Cast Covers:
- Starting Healthy Numbers 15 years ago and
helping female entrepreneurs achieve the financial independence
that they’re looking for in the businesses they
own.
- The
absurdity of business owners not paying themselves on top of not
paying into their superannuation.
- Adding more value to your business by hiring
others to do the administrative tasks you shouldn't be
doing.
- Building her financial solidity from working in
the corporate world before she went into business
ownership.
- Paying herself, working on her own time,
investing in her professional development, and living the life that
she desired most.
- Managing a full-time employee of two and a
large team of virtual assistants.
- The
success in having people she didn’t know coming to her for
help.
- Helping female business owners generate
revenues to a level where their businesses can be viable and
sustainable.
- How
to develop a framework for finding customers and talking to them
about pricing.
- The
importance of knowing who your ideal client is and where they spend
their time.
- Bootstrapping to fund her business solely from
cash flow and Ingrid’s caveat to grants.
- The
frustrations small business owners got through when they get things
wrong and how to deal with that.
- Getting a retail job to learn sales and
investing in business coaches to overcome the challenge she had
with marketing.
- How
data highlights what’s going on with a business and how difficult
it is to predict what will happen with a small
business.
- Making an impact in customers’ lives and the
value in asking for help when one requires it.
- Achieving a seven figure business by having
discipline and commitment.
- Having the right team and HR policies in place
to succeed in business.
- Being
vigilant about expanding your knowledge and investing in your
personal development.
- The
hardship in showing up in your business every day and ensuring you
have the best bookkeeping software.
- Booking time in your calendar every week to
look at your business numbers
Additional Resources:
Music from https://filmmusic.io
"Cold Funk" by Kevin MacLeod (https://incompetech.com). License: CC
BY (http://creativecommons.org/licenses/by/4.0/