Are you self-motivated, goal driven, and love to help others? And looking for a way to make money for your family, while controlling your schedule? Today I talk with Anneliese Dusseldorp about how she found fulfillment (and a yearly family vacation) with Send Out Cards. There are many side businesses a mom can plug into these days, listen to find out how to discover yours!
Mompreneurs Canada – Are you a multi-tasking woman who is not only a Mom but also an entrepreneur? Could you use some support making your business successful while still being an incredible Mom? If so, you need to find out how to be a part of Mompreneurs, Canada’s national network for female entrepreneurs who want it all. Visit www.themompreneur.com for details, or contact me!
I run the Greater Vancouver chapter of Mompreneurs Canada, so if you have any questions about how this awesome organization can help you, just ask!
Did you like what you heard here? Then be sure to subscribe to Elaine’s Kitchen Table on iTunes, and you will get every new episode delivered straight to your iPhone or iPad!
If you have a second and like what you hear, an iTunes review would be SO appreciated!
Many entrepreneurs spend most of their marketing time, money and energy on the things that matter least, while ignoring the thing that matters most. Are you one of them?
Show Sponsor:
Mompreneurs Canada – Are you a multi-tasking woman who is not only a Mom but also an entrepreneur? Could you use some support making your business successful while still being an incredible Mom? If so, you need to find out how to be a part of Mompreneurs, Canada’s national network for female entrepreneurs who want it all. Visit www.themompreneur.com for details, or contact me!
I run the Greater Vancouver chapter of Mompreneurs Canada, so if you have any questions about how this awesome organization can help you, just ask!
Did you like what you heard here? Then be sure to subscribe to Elaine’s Kitchen Table on iTunes, and you will get every new episode delivered straight to your iPhone or iPad!
If you have a second and like what you hear, an iTunes review would be SO appreciated!
My guest today has been a mompreneur for almost 4 years, just after she became a mom 4 1/2 years ago. For over 20 years she worked in early childhood education and then, something wonderful happened in 2012 when she and her husband became parents pretty much over night when they got a call that a birth family had chosen their profile to adopt their child. That was the start to her amazing journey!
Now she has chosen to be an entrepreneur in direct sales so that she can work around what is most important to her, her family. Welcome Stefanie Agostini!
“I was online shopping one day, a new passion as a first time mom, and while looking for a few resources for my daughter I came across the Discovery Toys website. I had had experience with the toys from my days in childcare and knew they were great quality. I saw that in the corner of the page it said ‘join our team’ and I thought, why not and the rest is history, a business that I can work around my family’s schedule to give myself the work/life balance that works for us.”
Where to find Stefani : principessa [@] shaw.ca
Show Sponsor:
Mompreneurs Canada – Are you a multi-tasking woman who is not only a Mom but also an entrepreneur? Could you use some support making your business successful while still being an incredible Mom? If so, you need to find out how to be a part of Mompreneurs, Canada’s national network for female entrepreneurs who want it all. Visit www.themompreneur.com for details, or contact me!
I run the Greater Vancouver chapter of Mompreneurs Canada, so if you have any questions about how this awesome organization can help you, just ask!
Did you like what you heard here? Then be sure to subscribe to Elaine’s Kitchen Table on iTunes, and you will get every new episode delivered straight to your iPhone or iPad!
If you have a second and like what you hear, an iTunes review would be SO appreciated!
My guest today is an internationally recognized certified Parent Coach, Registered Psychiatric Nurse and Intuitive Guide. An expert in child and youth mental health with over 15 years of experience working with families, she uses her unique and intuitive abilities to get to the root of the problem quickly and deliver results. I am honoured to have this lovely mompreneur here today, Shannon White!
Hear what she learned from her worst business experience and how it is necessary to reflect on your wins and visualize success in order to succeed.
The best lesson in business that she has learned is to advocate for what you believe in and stick to what makes you unique regardless of how others perceive your unique delivery, product or service.
Mompreneurs Canada – Are you a multi-tasking woman who is not only a Mom but also an entrepreneur? Could you use some support making your business successful while still being an incredible Mom? If so, you need to find out how to be a part of Mompreneurs, Canada’s national network for female entrepreneurs who want it all. Visit www.themompreneur.com for details, or contact me!
I run the Greater Vancouver chapter of Mompreneurs Canada, so if you have any questions about how this awesome organization can help you, just ask!
Did you like what you heard here? Then be sure to subscribe to Elaine’s Kitchen Table on iTunes, and you will get every new episode delivered straight to your iPhone or iPad!
If you have a second and like what you hear, an iTunes review would be SO appreciated!
In this episode, returning guest Mike Gaba shares the top 3 smart ways to protect a:
Home based business
Product based business
Service based business
If you are running a business (not a hobby), it is important to have peace of mind to go about your day without constant worry.
Mike Gaba believes that today’s entrepreneurs are the most innovative in Canada’s history and that their potential for success knows no bounds. As the Manager of Business Development at TruShield Insurance, Mike understands entrepreneurs and the risks that startups face. He takes pride in being able provide simple insurance solutions for complex businesses and making insurance easy to understand. What I appreciate about Mike is that he has hands on experience as a work at home dad as well, so he really understands where the Mompreneur is coming from. Mike and his wife also recently had their third baby!
Contact info: Mike.Gaba@nbfc.com
www.TruShield.ca
Show Sponsor: TruShield Insurance
TruShield Insurance is a proud partner of the Mompreneur Group – an organization that shares in our passion for small businesses.
Whether you’re a consultant, a contractor, or own a retail business, TruShield provides coverage to protect everything that goes into the business you’ve worked hard so to build.
Starting at $29/month, protecting your business with TruShield is affordable.
Feel confident that your small business is protected from the unexpected. Let the TruShield small business insurance advisors help you understand your insurance needs and tailor a solution that fits your business.
TruShield Insurance policies are underwritten by Northbridge General Insurance Corporation.
Did you like what you heard here? Then be sure to subscribe to Elaine’s Kitchen Table on iTunes, and you will get every new episode delivered straight to your iPhone or iPad!
If you have a second and like what you hear, an iTunes review would be SO appreciated!
Or listening on Android? You can subscribe on Stitcher:
And lastly, to receive an email when every new episode comes out, plus other special bonuses from Elaine, sign up to become an Elaine’s Kitchen Table Insider today!
If you have ever thought about writing a book but do not know where to start, or if you just need help with getting your book out there, you do not want to miss this podcast!
My guest, Ally Machate, is a bestselling book collaborator, award-winning editor, and expert publishing consultant who loves using her insider knowledge of the publishing industry and wealth of experience to lead serious authors toward publishing success. Leveraging a background in “Big Five” publishing, she and her team live to help make great books happen, whether that means showing a writer how to improve a manuscript, get an agent, or self-publish; ghostwriting a book to help an entrepreneur skyrocket her business platform to new levels; or coaching an author on growing her platform to sell more books. Since 1999, she has supported authors on their publishing journey and takes pride in serving as their books’ best “ally”.
Mompreneurs Canada – Are you a multi-tasking woman who is not only a Mom but also an entrepreneur? Could you use some support making your business successful while still being an incredible Mom? If so, you need to find out how to be a part of Mompreneurs, Canada’s national network for female entrepreneurs who want it all. Visit www.themompreneur.com for details, or contact me!
I run the Greater Vancouver chapter of Mompreneurs Canada, so if you have any questions about how this awesome organization can help you, just ask!
Did you like what you heard here? Then be sure to subscribe to Elaine’s Kitchen Table on iTunes, and you will get every new episode delivered straight to your iPhone or iPad!
If you have a second and like what you hear, an iTunes review would be SO appreciated!
Hear how this successful entrepreneur overcame that with resiliency, discernment, and courage.
Sabina Nawaz is a global CEO coach, leadership speaker, writer, wife and mother of two boys who works in over 26 countries. She coaches C-level executives in Fortune 500 corporations, government, non-profits, and academia organizations.
Sabina spent over 14 years at Microsoft, moving from software development to HR where she led the company’s management, executive development, and succession planning efforts. Today, in addition to running her own business, she is a regular contributor to Forbes, Inc, and Harvard Business Review. Her articles also appear on Fast Company. You can also watch her TEDx talk on YouTube.
Mompreneurs Canada – Are you a multi-tasking woman who is not only a Mom but also an entrepreneur? Could you use some support making your business successful while still being an incredible Mom? If so, you need to find out how to be a part of Mompreneurs, Canada’s national network for female entrepreneurs who want it all. Visit www.themompreneur.com for details, or contact me!
I run the Greater Vancouver chapter of Mompreneurs Canada, so if you have any questions about how this awesome organization can help you, just ask!
Did you like what you heard here? Then be sure to subscribe to Elaine’s Kitchen Table on iTunes, and you will get every new episode delivered straight to your iPhone or iPad!
If you have a second and like what you hear, an iTunes review would be SO appreciated!
TruShield Insurance is a proud partner of the Mompreneur Group – an organization that shares in our passion for small businesses.
Whether you’re a consultant, a contractor, or own a retail business, TruShield provides coverage to protect everything that goes into the business you’ve worked hard so to build.
Starting at $29/month, protecting your business with TruShield is affordable.
Feel confident that your small business is protected from the unexpected. Let the TruShield small business insurance advisors help you understand your insurance needs and tailor a solution that fits your business.
TruShield Insurance policies are underwritten by Northbridge General Insurance Corporation.
Did you like what you heard here? Then be sure to subscribe to Elaine’s Kitchen Table on iTunes, and you will get every new episode delivered straight to your iPhone or iPad!
If you have a second and like what you hear, an iTunes review would be SO appreciated!
Or listening on Android? You can subscribe on Stitcher:
And lastly, to receive an email when every new episode comes out, plus other special bonuses from Elaine, sign up to become an Elaine’s Kitchen Table Insider today!
It’s about opportunity cost. Think about your net profit. Start with cost of goods sold. In a physical products business, this can be a large chunk out of every dollar you sell.
Then you’ve got all other expenses – legal, accounting, office or home office, advertising, travel. And if you’re lucky, you may even have wages and associated expenses, and corporate income tax if after all that the business is still turning a profit.
Look at your last year’s numbers, hopefully you’ve got an income statement (also called profit & loss) statement prepared by yourself or an accountant. Look at the top line (revenue), and the bottom line (net profit). Divide the bottom line into the top line. Let’s say the top line is $20,000, and the bottom line is $4,000. That’s 20% net profit.
Now, think about buying a $5 latte with part of that 20% profit. In order to make $5 net profit, you had to generate $25 of revenue!
$ cost = __$ spent___ net profit %
So a $5 coffee actually costs:
$5.00 = $5.00 = $25 . 0.20
So if you sell a $25 product, one latte can offset one sale completely. If you have 30 lattes per month, that’s thirty $25 sales you have to make just to get past coffee expenses!
Most people in business think, “Well, I can write off that $5 expense, so I’m actually saving money.” Sure, you can write it off, but that only matters if you are actually making a profit, and the more you spend, the less chance of making a profit you have!
If you keep this in mind when spending even small amounts on your business, you will think twice and most likely save yourself some money and increase your profits!
Show Sponsor: TruShield Insurance
TruShield Insurance is a proud partner of the Mompreneur Group – an organization that shares in our passion for small businesses.
Whether you’re a consultant, a contractor, or own a retail business, TruShield provides coverage to protect everything that goes into the business you’ve worked hard so to build.
Starting at $29/month, protecting your business with TruShield is affordable.
Feel confident that your small business is protected from the unexpected. Let the TruShield small business insurance advisors help you understand your insurance needs and tailor a solution that fits your business.
TruShield Insurance policies are underwritten by Northbridge General Insurance Corporation.
Did you like what you heard here? Then be sure to subscribe to Elaine’s Kitchen Table on iTunes, and you will get every new episode delivered straight to your iPhone or iPad!
If you have a second and like what you hear, an iTunes review would be SO appreciated!
Or listening on Android? You can subscribe on Stitcher:
And lastly, to receive an email when every new episode comes out, plus other special bonuses from Elaine, sign up to become an Elaine’s Kitchen Table Insider today!
Basically, he says look at your small, unnoticed daily expenses, and the easiest thing to do is pick on something like a $5 specialty coffee per day. There are 2 ways to look at the latte factor. Mr. Bach has a formula that says what if you saved that $5 instead and invested it for 10 years at 8% return on investment? So you are forgoing the coffee and investing $150 per month for 120 months. When you add the interest earned, you come up with the number $28,161.88 in this case.
Now you think to yourself, “Is it worth it to give up this frivolous habit, and make an average of $2800 a year extra on my income?” For some people, yes, for others, it’s “Give me my coffee!!!” Keep in mind, it doesn’t have to be daily coffee where you find your savings, it could be monthly or annual expenses like car payments, cable bills, clothing, you name it.
The second way to look at the personal latte factor is I think more realistic. The first way assumes you are taking the saved money and investing it. I think, at the beginning at least, most people would take the saved money and use it to pay down personal debt. So the second latte factor for individuals is simply about opportunity cost.
Let’s say you are taxed at a rate of 30% on your personal income. So in other words, if you make $10,000, the government and others get the first $3,000 and you are left with $7,000. We are using simple rounded numbers here, and remember take-home pay is what you have left on your paycheque after all deductions, not just income tax. So for every dollar you earn at work, you really get 70 cents. Or the other, more powerful way to look at it is, for every 70 cents you want to spend, you have to earn $1 to do so. The formula here looks like:
$ cost = __$ spent___ take-home %
So a $5 coffee actually costs:
$5.00 = $5.00 = $7.14 0.70
As you can see, it actually costs you over $7 in wages to buy that $5 coffee. That means your $150 per month habit actually costs over $210 in personal earnings. So now you can look at that $5 in a few other ways. If you work full time, an average of 160 hours per month, your $5 per day is actually taking $1.34 per hour off your wage! That’s right, a $5 per day, 7 day per week habit costs $1.34 per hour of your working wage at 70% take-home pay. For every $100 you want to spend, it takes $143 in wages earned.
Now everyone’s take-home percentage is different, depending on where you live and how much you make. If you are an employee, you can look at your past few month’s pay stubs and make an educated guess. If your gross pay is $4,000, and your paychecks add up to $3,000, that makes your take-home pay 75% of gross pay. So every $10 spent takes 10 divided by .75, or $13.33 earned.
Mompreneurs Canada – Are you a multi-tasking woman who is not only a Mom but also an entrepreneur? Could you use some support making your business successful while still being an incredible Mom? If so, you need to find out how to be a part of Mompreneurs, Canada’s national network for female entrepreneurs who want it all. Visit www.themompreneur.com for details, or contact me!
I run the Greater Vancouver chapter of Mompreneurs Canada, so if you have any questions about how this awesome organization can help you, just ask!
Did you like what you heard here? Then be sure to subscribe to Elaine’s Kitchen Table on iTunes, and you will get every new episode delivered straight to your iPhone or iPad!
If you have a second and like what you hear, an iTunes review would be SO appreciated!
Or listening on Android? You can subscribe on Stitcher:
And lastly, to receive an email when every new episode comes out, plus other special bonuses from Elaine, sign up to become an Elaine’s Kitchen Table Insider today!
Mompreneurs Canada – Are you a multi-tasking woman who is not only a Mom but also an entrepreneur? Could you use some support making your business successful while still being an incredible Mom? If so, you need to find out how to be a part of Mompreneurs, Canada’s national network for female entrepreneurs who want it all. Visit www.themompreneur.com for details, or contact me!
Mompreneurs Canada – Are you a multi-tasking woman who is not only a Mom but also an entrepreneur? Could you use some support making your business successful while still being an incredible Mom? If so, you need to find out how to be a part of Mompreneurs, Canada’s national network for female entrepreneurs who want it all. Visit 
