The Power of Energy in Entrepreneurship

Season 2, Episode 3,   May 18, 2023, 11:42 AM

Jillian Lorenz, co-founder of The Barre Code franchise, shares her personal journey as an entrepreneur with host Rob Dube. They talk about the importance of mindset and energy in entrepreneurship, as well as the value of having a partner, being open and vulnerable, and investing in team members through coaching and mentoring. Jillian also discusses how pandemic challenges were turned into an opportunity, and how building healthy relationships in business can positively impact a company's growth.

Key Points

  • Energy and intentional positive thoughts are critical in creating the right outcome
  • The six essential traits of a successful entrepreneur are visionary, passionate, problem solver, driven, risk taker, and responsible
  • Entrepreneurs must focus on knowing their customers and creating a perfect product or experience that delivers every single time
  • Staying true to one's core values is important. Franchising their business was to stay true to their mission of empowering women to live life on their own terms
  • Mindset is crucial in facing challenges as an entrepreneur
  • Coaching and developing your people is critical to creating a healthy dynamic within the workplace.
Best Quotes

  • "You have to be very nimble as an entrepreneur. But we've stayed tried and true to our passion, our why, and what we're here to do."
  • "Entrepreneur life is life, I like to say they're one and the same. Once you join the entrepreneur community, your business melds into your life and it is just one, it's not separate."
  • "You don't have to ever sugarcoat anything because it won't help. It's better to be completely open and honest about what is going on so that the right answers come."
  • "You want the same mindset, the same will, the same tenacity, the same passion, the same risk-taking."
  • "Making sure that the business and the personal relationships within the business are super healthy."
  • "The investment that you're putting into people helps the business and the relationships."
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