Entrepreneur & Investor Susie Carder Was Overleveraged and Got Burned

Serial Entrepreneur and author of Power Your Profits Show notes: https://www.markgraban.com/mistake95 My guest for Episode #95 of the My Favorite Mistake podcast is Susie Carder. She is a Profit Coach & Founder at SC Consulting. Susie has over 25 years of experience as an entrepreneur, building seven multi-million dollar companies, selling two that she built to $10M. She is the author of a book, released last year, titled Power Your Profits: How to Take Your Business from $10,000 to $10,000,000. Her book's website is PowerYourProfitsBook.com. In today's episode, Susie shares her "favorite mistake" story about getting destroyed financially in a three-year period starting in 2007, losing 90% of her wealth and her marriage. Her lesson learned was to "not be so overleveraged." Other topics and questions: Felt she didn’t have the energy to rebuild at age 42 Her identity was her work -- now what? She went back into real estate because she was willing to learn from her mistakes 15% of entrepreneurship success is technical — another mistake is not learning finances Being careful WHO you sell to How she started her first business "on accident" while working as a hairdresser Build your company AS IF you’re going to sell it Talking about mistakes businesses might make… What is the “cash crisis roller coaster”? “Wealth is our birthright” -- but it's not easy nor handed to us Mistake: Don’t admit to your team you are making it up “I’m a really great coach because I’m a really good student” Her program: Bullet Train to Big Profits Program Find Susie onFacebook Twitter Instagram YouTube LinkedIn Pinterest --- Support this podcast: https://podcasters.spotify.com/pod/show/favorite-mistake/support