EP 244: Unlocking Abundance: Lessons in Wealth and Impact from Cathy Christen

Cathy Christen is a serial entrepreneur, author, and executive coach with over two decades of experience helping leaders and business owners thrive in their careers without sacrificing what matters most. As the co-founder of GoBundance Women®️ and CEO of Elevated You, Inc., Cathy specializes in creating smart systems, fostering strong team cultures, and empowering leaders to reclaim their time and lead with purpose. Known for her dynamic coaching and actionable strategies, she’s passionate about helping others build a life they love while achieving lasting success.

Summary

In this episode, Randy Smith interviews Kathy Christen, a division manager for Vector Marketing and CEO of Elevated You. They discuss the current market conditions affecting passive investors, Kathy's personal journey from a low-income background to financial success, the importance of mentorship, and strategies for solopreneurs looking to scale their businesses. Kathy emphasizes the need for a long-term investment mindset, the significance of documenting processes, and innovative hiring strategies to foster growth. In this conversation, Cathy Christen and Randy Smith discuss the evolving landscape of passive investing, emphasizing the importance of mindset shifts, education, and mentorship for new investors. They explore the appeal of fractional roles that offer lifestyle flexibility, the significance of viewing money as a tool for freedom, and the necessity of due diligence when investing in businesses. Cathy shares her personal experiences and insights on diversifying investments and learning from successful investors, while also highlighting valuable resources for passive investors.

Chapters

00:00 Navigating Market Uncertainty

05:59 The Importance of Mentorship

12:00 Scaling Beyond Cutco

17:55 Hiring Strategies for Growth

23:42 Mindset Shifts for New Investors

30:51 Diversification and Long-Term Thinking

36:23 Due Diligence in Business Investments

RANDY SMITH

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor