Ep 31 - How to scale your business and look after yourself even during a recession, Interview with Rachel Martin

Inspiring Women in Business

It is so important to take care of ourselves while scaling our business, ye so much of the time looking after yourself goes to the bottom of the pile. It will be easier to do when you reflect on the expectations you put on yourself, set boundaries, and find that work-life rhythm you need in your lives.

In this episode, Rachel Martin talks about the business she has today and her realisations along the process. She also shares great tips on how to look out for yourself whilst scaling your business and how you can cope with the current recession we are all going through right now.

Key takeaways from this episode:

• Doing your tax returns yourself is often like walking through airport security; You know you've not done anything wrong, but you still feel a bit sweaty, and you don't want to be picked on.
• Boundaries are the only way to put things in place to protect yourself.
• You have to find a work-life rhythm rather than a work-life balance.
• Push back on these expectations that you're putting on yourself, like reframe it, reword it, is it work-life balance, or is it work-life rhythm?
• We are real people outside these businesses, we have a real life.
• Be clear on your goals.
• Have flexible goals and flexible targets rather than fixed targets
• Nobody gets to 100 overnight. It's one every single day.
• We are the person we have to spend the most amount of time with and so we are the most important person to put boundaries in place with.
• It's very easy to agree to things when they're not happening to you right now.
• You have to serve yourself because nobody else is serving you.
• We can take everything that we learned from the pandemic and apply it to a recession.
• Tax planning is a huge part of every part of the business.
• Financial anxiety is caused by uncertainty.
• Enjoy the process and do not be afraid to ask for help.

Episode Timeline:

00:04 Intro

01:09 Episode Intro

01:32 About Rachel Martin and what she does

02:39 How Rachel ended up with her current business

05:19 Some bits of Rachel’s business

06:41 How to scale your business while still looking out for yourself

12:41 Putting boundaries

17:40 Rachel’s advice for business owners during this time of recession

20:03 Looking after your mental health during the recession

22:50 The advice Rachel wished she received when she started her business

26:14 How to find more about Rachel

27:15 Outro

Connect with Rachel Martin here:

Instagram: https://www.instagram.com/accountant_she

Youtube: https://www.youtube.com/c/accountantshe

More about Ruth:

Hi, I’m Ruth, a business coach specializing in helping freelancers and business owners adjust their mindset and their marketing so they can get fully booked with clients they LOVE to work with. I’ve helped hundreds of self-employed women achieve the time and money freedom they craved.

I’ve started this podcast because when I first went all in and left the corporate world to be a freelancer, I was grateful for any work that came my way. After over 20 years of freelancing and working for other people, I started to realize I’d created a glass ceiling for myself.

In 2017, I finally started listening to that voice that had been telling me for a long time that I wasn’t doing what I loved and fulfilling my true potential. It took a critical illness to give me that wake-up call. I don’t want the same to happen to you.

You can expect practical advice, inspiring stories, and a lot of aha moments as we uncover and kick to the curb all the obstacles you have been putting in your way.

I’m on a mission to inspire women to start and play bigger in business.

Connect and know more about Ruth Gilbey here:

Coaching: https://www.ruthgilbey.com/coaching

Free Masterclass: https://www.ruthgilbey.com/the-sold-out-solution-2022

Facebook: https://www.facebook.com/ruthgilbeymarketingandcoaching/

Instagram: https://www.instagram.com/ruth_gilbey/

LinkedIn: https://www.linkedin.com/in/ruthgilbey/