Navigating Risks and Ambitions in Family Life

This chapter explores the emotional complexities of risk-based decision-making when family responsibilities come into play. The speakers emphasize setting ambitious goals while starting small and the importance of community support for primary earners.

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Episode notes

What if the very thing you’re afraid of is the thing that sets you free? On stage at the Powerhouse Women event, I sit down with award-winning entrepreneur and best-selling author Kim Perell to talk about how she built a $100 million business from a $10,000 loan, the mindset that helped her push through rejection, and why sisterhood is the secret to sustainable success. Kim shares about making million-dollar mistakes, the power of the 70% rule, what it really takes to ask for help, and how she mentors rising entrepreneurs (even if they're just one year behind her). Tune in to make faster decisions and trust yourself more.

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HIGHLIGHTS

00:00 The $10,000 loan from Kim’s grandma that turned into a $235M business.

08:30 Why a bad partnership can cost you money, time, and your peace of mind.

11:45 The Marine-inspired rule to make faster and smarter decisions.

13:45 Tip for making confident decisions even when you don’t have all the answers.

15:00 How do you reframe failure from fear into a growth advantage?

22:00 The one year plan mindset to keep you moving forward.

27:30 The right way to ask for help (and what not to do).

34:30 Kim’s strategy for taking action even when fear is present.

37:45 Why girlfriends are your greatest safety net.

41:45 The 3 T’s Kim looks for when investing.