Nice Bossy Podcast – Episode 2

Listen on Apple Podcasts, Spotify or Google Podcasts.

Would you believe that I started my multimillion dollar empire with just $20k? It’s true, and in this episode I share exactly how we managed to create the Barre Body brand and all that goes with it AND open our first studio with just $20,000. 

Highlights from this episode:
2:30 – From very humble beginnings (living with my mum)
3:05 – The process and self belief
3:40 – Financial modelling – early learnings from my graduate job at Telstra
5:00 – Do everything yourself that you possibly can
5:30 – Our first studio was a lucky find
5:50 – Using family to renovate our studio (thanks Dad!)
6:55 – Do a little as possible for the best result
7:40 – Be smart about what you choose to do and how you do it
10:20 – I was the cleaner, the teacher, the customer service, the marketing
11:00 – Outsourcing bookkeeping
11:15 – Where did the $20k go?
11:30 – Using things from home for the studio
12:15 – Designing a logo and teaching myself to use illustrator
12:35 – A near miss with our logo, a big trademark scare
15:10 – Creating a website myself from a template
15:40 – Make use of all the amazing apps and tools out there
16:35 – Google and youtube are your best friends to learn how to do things yourself
17:30 – Try and find the money-saving shortcuts
17:40 – Ask your friends for help where you can
18:10 – How much money you need to budget to start your business
18:40 – Our risky approach to budgeting
19:55 – How soon we broke even in our first studio
20:30 – My newest new business – my business retreats

Resources & links
Book: The Lean Startup by Eric Ries
DIY design app: Canva
Website design platforms: Squarespace, Wix and Showit
My incredible bookkeeper: Helen from Dollars & Sense
My business retreat: Business Breakthrough in Byron

Thank you so much for listening to my podcast. I’m humbled and delighted that you’re here and would be so grateful if you could take 2 minutes to leave me a review in iTunes or on your podcast app, as it helps my podcast to grow and thrive.

PS. If you are interested in working with me to hone your business concept or brand, please check out my business retreat.