Sep 19, 2018
Taking control of your destiny is easier said than done, but
that's exactly what entrepreneur and OWN TV's Mahisha Dellinger
did. As a 'chameleon', Mahisha has learned to adapt, grow and to
understand that sometimes, change is overwhelming (and that's
okay). Deya and Mahisha also discuss postpartum depression and how
to Mind Your Business.
Key Takeaways:
[3:04] Mahisha shares how and why she started Curls Inc
and how she switched gears from being an employee to an
employer.
[4:06] Learn Mahisha's game plan to make the transition
and how she did her due diligence to find the most viable
business she could start.
"Only thing I learned from corporate American about running a
business is that you have to be agile, you have to be swift and you
also have to have a plan, that's what I learned from Intel." -
MD
"That's the piece of being an entrepreneur, know what you
don't know and hire someone who knows it" -MD
[5:56] How you start your business without capital up
front and the importance of living you below your means and
reinvesting the money your business generates for the first 3
years.
"I had to start small and that caused me to learn the business
inside and out" - MD
"It caused me to be smart about every dollar I earned because
potentially if I would have gotten it all early on, I potentially
could have misspent it. I learned a lot about managing money
and I shifted my perspective about money during those early years"
- MD
"I wanted it so desperately and I believed in it, so I was
willing to take that chance" - MD
[7:40} KEEP YOUR DAY JOB! Use your corporate job
to finance your business funding.
[9:18] Learn how to market your business, you have to go
where the customer is.
"When you're a brand new business, you have to let people
experience it" -MD
[10:27] Mahisha's daily routine and how it enabled
her to achieve the goal of building Curls.
"I had a full-time day that I split in half between 2 jobs"
-MD
[11:54] Building a successful business is great, but how
does is affect our family life and what type of support do you
need?
[14:00] Mahisha shares her struggle with postpartum
depression
“I had to seek help in 2 forms, prayer, and therapy” -
MD
[16:45] So, how has curls grown over the years and what
that "big break" moment?
[19:00] Decision fatigue is real and self-care is
important, so learn how to “work hard, play hard”
successfully!
[21:38] Tips to pitch your business from
Mahisha
1. Know what you’re asking for and how much equity you are
willing to give up
2. Know what you are going to use the money for and how
quickly you’ll be able to pay it back
3. Know your numbers!
[23:22] Black Girls Making Millions Academy is
announced!
[24:24] Power word for today is GROWTH
“Baby steps are still steps in your growth process” - DD
Stay encouraged!
This episode was brought to you by Soft
Is The New Power &
Failure Is Fuel by Deya Direct!, be sure to grab your copy
today!
Make sure you to grab a notebook and share with your
girlfriends so you don't miss any of these gems.
You can WATCH the full podcast
here. Enjoy, review, share, and comment, we love to hear from
you!