423: How to Avoid Burnout as an Entrepreneur (+Why Multiple Income Streams Help) with Nicole Liloia

In episode 423, Megan chats to Nicole Liloia about being burned out as an entrepreneur, how we can avoid it, including tips for building multiple income streams efficiently. New Jersey-based Nicole Liloia is a small business coach and strategist. Over the course of her 9 years in this business, she has helped over 500 service providers build their businesses and diversify their income streams through her signature Bigger Business Bootcamp and Grow Your Income Mastermind. Her Facebook group supports over 10,000 entrepreneurs by giving them real, unmatched support and resources to get to that next level in their business. In this episode, you'll find out what causes burn out, how to be more productive without exhaustion and why multiple income streams can help us avoid burnout. Nicole further shares tips for how to decide which income streams are right for you. - We thrive on being busy. - Even if you love your work, working all the time leads to burn out. - How can entrepreneurs alleviate burnout? - Why do entrepreneurs need multiple income streams? - How do you decide what income streams are suitable for you? - What does your audience struggle with that you can provide a solution for? - If you outsource tasks, you can get time back. - Are you scheduling your day effectively? - Spend time on what is going to bring in money in your business. Connect with Nicole Liloia Website | Instagram