How my Business Thrived in the Pandemic, with Abigail Amankwa
When Abigail Amankwa’s wedding cake side business came to a halt in June 2020 she turned an idea to send cake to friends into a high growth full time business!
A new direction, plus a pandemic, plus growth comes with some lessons and some rock solid financial advice. Hear how Abigail is making better decisions and changing pace in her business in 2021.
And hold tight for incredible financial advice when we get super geeky and Abigail rolls up her sleeves (literally), revealing her inner nerd and with her excellent business profit saving advice - it is pure gold!
https://www.instagram.com/mandhcake/
https://www.notonthehighstreet.com/mandhcakecompany
WE TALK ABOUT
7.19 19 year old Abigail’s influences and passion for baking starting a cake business in her personal time
13.02 How the pandemic gave an opportunity to explore an idea, quit her main job and experience growth
16.32 How savings meant that the pandemic gave her an opportunity to experiment
17.50 Learning to switch off, managing ideas and implementation and recognising what you can and can’t control to make better decisions
20.38 Growth, the need to find community when you are not a new business and hard work
22.38 Getting back to weddings
24.37 The expense of fast growth and the need for peer support
27.56 Boundaries for health and being satisfied with making a comfortable living
31.52 My quick fire questions and the joy of bread and butter and tea
36.01 Bonus best business advice quick fire extended answer all about how Abigail manages her money and stops unnecessary spending
REFERENCED
Profit first by Mike Michalowicz https://mikemichalowicz.com/profit-first/
JOIN ME!
If this episode has struck a chord with you I’d love to invite you to join my free Facebook Group Money Making Women, and come and share your thoughts on today’s episode!
Follow me on Instagram @ray_dodd
Rate, review and subscribe at Apple Podcasts, Spotify, and wherever you find your podcasts.
Special thanks to Erin for editing this week’s podcast