How Women Entrepreneurs can Succeed Using a Growth Mindset

Women entrepreneurs, who feels called to have more wealth and need a, growth mindset,  so that she can have more impact and influence and create generational wealth for her family. 

My guest today is Lola Tomorrow. faith-driven Chicago-based entrepreneur, philanthropist, and highly sought-after business mentor for high-performing women of faith who are striving for financial freedom.

Listen to the Full interview Here:

Introduction Business Mentoring

Highlights from her background include  ● National Advance Associate for former First Lady Michelle Obama. ● Successfully managed and curated more than 300 profitable events. ● Organizer and Creator of TEDxWillowCreek, ● Single-handedly raised more than $500,000 for numerous not-for-profit initiatives and star-studded community events. ● Founder and Executive Director of iGlow (Inspiring Girls to Lead Our World) Mentoring which serves 3,000+ girls in the Chicago metro area.

As we face this global economic shift, Lola feels called to equip women to retool their business strategies, reinvent themselves, and inspire them to lead the way in our ever-changing economy. TMRWLive! A Virtual Experience was born out of her desire to empower women to trailblaze their own path to success.

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Myrna – Can you give us a short intro into your journey into becoming a, business mentor. 

Lola – I became an, woman entrepreneur, by accident.  I never desired to work for myself, I was not really exposed to the world of the, entrepreneur. I just had a passion to do more than what I was doing in my nine to five job.  Little did I know that passion to do more would create additional streams of income that would surpass my 9 to 5 income. 

I started taking the role of a, business mentor, and having the ability to influence others seriously.   I'm generally the type of leader who is bold enough to have the conversations most people might be ashamed of.  I'm bold enough to tell you that I was bankrupt.  I'm bold enough to tell you that I was sleeping in the back seat of my car for months.  I am bold enough to give you the level of transparency, not just so you know my business; but so that you can take the wisdom from my mistakes and stand on my shoulder. What I've been able to accomplish by 35, you can accomplish double by 40. That's the power of a, business mentor.  The real power of, mentorship,  has the ability to cut your success time in half.  What took me five years to do, will take you two and a half years to do. 

Creating a business strategy for woman entrepreneurs

Myrna – One of the reasons that people come into the coaching conversation is because they're hoping that someone will speed up their journey. 

Tell us how you transitioned from not wanting to be an, entrepreneur, and starting the TMRWlive experience. 

Lola – What I am really on a mission to do is I want to begin to teach and show, women entrepreneurs,  that you can have a level of sacrifice, you can have determination; but you can do it while still prioritizing yourself. 

Still prioritizing your well-being for some, entrepreneurs, you need to be working your business while still working your full-time job.  It's not time for you to jump out completely and just work your business full-time. 

So I think there's a, business strategy,  as we begin to evolve and grow that we can really embrace, entrepreneurship; but we can embrace it with practical thinking and practical thinking.  

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Mentoring women entrepreneurs to have a growth mindset

One of the first things we work on with the, women entrepreneurs, who come into my, mentorship, program is having a, growth mindset.  A, growth Mindset, says that I will do what is necessary to grow my business. And if that means delegating tasks, then I am willing to do that.  I tell them, your business is not your baby. If I pull a group of moms in a room and I to ask a group of moms if your baby was in the middle of the street and a car coming 60 miles an hour, what are you going to do?  The organic response is I'm going to push my baby out and I'm going to be willing to die for my baby. 

That is the natural response. We have had this thought about our business, we're willing to give up our marriage for a business. We're willing to neglect ourselves, neglect our health, neglect our finances etc. We got to put a business in the place that it belongs. Your business is not your baby,  your business is your business you need a, growth mindset, to know the difference. 

Myrna –  I wrote a book that's called “Minding My Own Business” because I've always been of the, mindset, that you can't become wealthy working

for someone else. 

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What is a Growth Mindset

Let's understand the, growth mindset. How you teach somebody that feels that their business is their baby to change their, mindset? 

Lola – I'm not a, mindset coach, so the first thing I do is to recognize my level of genius.  I  partner with a, growth mindset, coach. Her name is Sean Strickland and she works with my clients on their, growth mindset. He works with your, mindset, around money, your capacity for growth etc. 

You have to be committed to the journey. Your journey might look different from another person's journey; but if you stay committed to your journey you will achieve success. 

One of my, growth mindset, tools is prayer. I'm a woman of faith,  it's ingrained in everything I do and everything that I think.  Partnering with God has been the biggest superpower in my entire career. 

 

How to Pray as a Woman Entrepreneur

Myrna – You mentioned that you are a faith-based leader.  How should we pray as a, woman entrepreneur? You said that you teach women to shift the way they pray.  How should, women entrepreneurs, shift they way they pray for their businesses? 

Lola – A mentor of mine, her name is Dr Tiffany Jordan she is a, prayer strategist. Before meeting her I had never been exposed to this concept of a, prayer strategy. A, prayer strategy, is a way that you pray for different things you want in life. There is a way, woman entrepreneurs, should be praying as it pertains to their business. I had never been exposed to the concept of a, prayer strategy, before.  

I said the same prayers like, Lord bless me and bless my business and I thought that was good enough; but there is a way that you can activate the word of God as it pertains to your business. I had never been exposed a, prayer strategy, before I met Dr Tiffany Jordan. Check out her “book of prayers”. 

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Resources for Women Entrepreneurs

  Myrna – What are some resources, women entrepreneurs, can use to scale their business and have a, growth mindset? 

  • The first one is partnering with God. 
  • The second thing is learning not to get validation from Instagram and other social media sites. I tell people don't get lost in the social media celebrity world.  
  • Third –  Find the, language for your purpose.  

 

Language for your purpose, means speaking life into your, purpose and destiny. 

I started going through levels of, inner healing.  I didn't even know I needed, inner healing.  These where things from your childhood like self-sabotage and rejection.  All these things that started coming up as I started to get to the next level in my business. 

I had, limiting beliefs,  about money and she helped me break through that.  I learned a, prayer strategy, to remove my, limiting beliefs, about money and other childhood trauma. 

The prophetic  word for women entrepreneurs

The final resource for, women entrepreneurs is the, prophetic word. Prophet Katara Ho literally changed my life and changed my entire business, because she has exposed me to the world of the, prophetic.  The, prophetic, energy can really propel you to your next level in business. 

Myrna – language for your purpose,  I love that phrase. It's a way of saying that you should speak it into the atmosphere!  You've gotta be be careful

that you're not saying that, it's not possible or you can't do it or it’s too hard etc. 

The, inner healing, part is also big because most, women entrepreneurs,  have some kind of hurt in the past that prevents us from reaching the top of our lids. 

Whether it's childhood trauma, whether it's betrayal by men,  whether it's where we were born on what side of the tracks. 

Specifically as, black women,  we've got some things that we've got to overcome So, the inner healing,  is so important. 

Business Strategy with Kris Jenner

Tell us about your collaboration with, Kris Jenner, and your two-day event TMRWlive virtual event.  

Lola – I put together this conference for, women entrepreneurs, of faith.  It was life-changing and it was amazing.  The first TMRWlive was a success and 

two weeks after that first conference, I was already thinking and planning for the next one. 

One day I woke up and, Kris Jenner, came to me.  I am not a Kardashian fan.  I don't  dislike them, I just don’t watch TV.  So it was not natural for me to to think of, Kris Jenner.  I could not shake the thought for weeks,  so talked to one of my spiritual mentors and and she gave me a, prophetic, word. She told me, you're going to work with her; but not now it's going to be later. 

It was clear that God wanted this woman to be the main speaker of the next TMRWlive experience. I needed to teach women of faith they could learn, business strategy, from, Kris Jenner.  I knew that, Kris Jenner, had the goods to teach and to get, women entrepreneurs, to the next level as it pertains to,  business strategy. 

Like her or not you can't deny what she's done for the Kardashians family.  Most of us can't create generational wealth to pay for a funeral when

somebody transitions without doing a GoFundMe. 

 

Faith based leadership for women entrepreneurs

Pastor Sarah Jakes Roberts is also one of the speakers. 

This conference is not for every woman, this is for the woman that literally feels called to have more wealth and need a, growth mindset,  so that she

can have more impact and influence.  This is not for the, woman entrepreneur, who just wants more money for nice cars and purses. 

This is the time when God is raising up kingdom-minded millionaires and billionaires, so that we can have more impact here on earth. 

This conference is not just something inspires you,  it's meant to give, women entrepreneurs,  the, business strategy, to do the work. We're going to pray and worship and love God; but after all of that you're going to wipe the tears away  and you're going to get in this workshop. You're going to create a, business plan,  you get  to create the, social media strategy and you've got to get your, business formations, in order. 

 

Conclusion the TMRWlive virtual event

Our event is March 24th and 25th and it is the online virtual conference. More information can be found tmrwlive.com. Kris Jenner,  and, Pastor Sarah Jakes Roberts, are headlining the event; but we then have over 20 other amazing speakers that will be teaching on different topics of business and faith. 

Today we talked about, transforming your life,  as a, woman entrepreneur. 

If you were inspired by this podcast, please subscribe, rate and review. 

Thank you 

Additional Resources

 

What's your Startup IQ?

http://blog.myhelps.us/transform-your-business-life-dress-for-success/

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