Weekly show where my featured guests and I explore the financial and business challenges women face on the entrepreneurial journey to success. You'll hear them talk about the money side of their businesses in ways you've always wanted to know about, but wouldn't dare ask. They openly share their disappointments, failures, successes, and everything in-between as they grew sales ranging from 6 to 9 figures. Knowing where your business stands financially helps you make critical decisions with confidence. It's simply the best way to be sure you grow a business that fuels the life you want to live.
https://www.christinasjahli.com/
episode 25: Don't Give Up Your Business Dream Instead Get Financial Clarity and Move Forward - The Journey of Nicola Watson (Financial Clarity)
Nicola Watson is the CEO and founder of Le Fashion Lab, a fashion design school in Atlanta, GA. A certified project management professional (PMP), Nicola started Le Fashion Lab to create more options for studying fashion – more affordable, fewer prerequisites, no more waste of time and money. She created the syllabi and curriculum for all the classes, with a step-by-step approach to perfecting students’ skills in the most efficient manner possible – doing away with all the unnecessary prerequisites that keep students away from achieving their fashion goal. Additionally, she added a key component that is missing from a traditional fashion college education – a thorough understanding of the designer as a business owner and entrepreneur. She is also the author of “Fashion Designer Career Guide: Insider Tips for Fashion Career Planning.
Nicola has always been disciplined with her spending habits. Yet, when she was about to have her first baby, her design school business lost money instead of breakeven as in the previous years. Fortunately, a business coach guided her to put her vision to a clear financial picture.
In this episode, we talked about:
1. What was her reason to find a business coach
2. What did she realize after her financial clarity moment
3. How did she turn around a loss business into a six figures profitable business within a year
4. What happened when she understood who should be her ideal students
Connect with Nicola:
- Website