The Ambitious Introvert® Podcast Episode 112: Creating the 'Wrong' Business & the Importance of Profit with Megan Yelaney
The common narrative in the online space is all about growing your business - but what if you actually want to go the other way and scale DOWN?
In today’s episode I’m going behind the business with coach Megan Yelaney. Megan helps her clients establish their unique brand voice in the online space using what Megan calls her ‘unique coaching method’. One of the reasons why I was so excited to talk to Megan is that the trajectory of her business probably isn’t what you expect. In fact she took a decision around the time of the pandemic to make huge changes in her business to both simplify the model and make it more sustainable.
In this episode we talk about:
- How clarifying the reasons why she was in business led to Megan to make a big restructure
- Why she made the decision to make drastic cuts in her revenue
- How to create healthy boundaries when working as a coach
- The difference between revenue and profit (and why what you see online isn’t always what you think it is)
- Why simplicity in your business model can have an enormous impact on your happiness and profitability
- Why how much a coach earns shouldn’t be a deciding factor for you working with them
THIS WEEK’S GUEST:
Megan’s book recommendations:
The Obstacle is the Way by Ryan Holiday
CONNECT WITH MEGAN:
Website: www.meganyelaney.com
The #PrettyAwkward Entrepreneur Podcast: www.meganyelaney.com/podcast
Instagram: www.instagram.com/meganyelaney
Take Megan’s free unique coach approach quiz: www.meganyelaney.com/quiz
CONNECT WITH EMMA-LOUISE:
Website: http://www.emmalouiseparkes.com
Instagram: https://www.instagram.com/ambitiousintrovert/
Facebook Group: The Ambitious Introvert® Network
FREE RESOURCES:
Enjoyed this episode? Hit ‘subscribe’ and share it with other Ambitious Introverts who’ll appreciate it. Plus, leave a review for the podcast and you can win a FREE 45 minute coaching session as a thank you!
Grab every book recommendation from all of my amazing guests! These reads are guaranteed to provide heaps of value and help you grow your business. Sign up for the free list here http://theambitiousintrovert.com/readinglist
PREMIUM SUPPORT
Interested in working with me 1:1? Fill out this form to start the conversation! https://bit.ly/2QQAwcx
CONNECT WITH EMMA-LOUISE:
Website: https://theambitiousintrovert.com/
LinkedIn: https://www.linkedin.com/in/emmalouparkes/
Instagram: https://www.instagram.com/emmalouparkes
Sign up to receive my monthly Introverts Only digest, delivering all the best introvert-friendly resources straight to your inbox, minus the scroll here.
PREMIUM SUPPORT:
Interested in working with me 1:1? Learn more and apply here.