The Road to Seven Shelagh Cummins

“Debt does not mean you are bad with money, that you don't know how to do business, that you are not worthy. It is not something to be ashamed of. It's not something to feel guilty about. It just is.”
- Shelagh Cummins


Today we’re talking about debt, and the first thing I want to share with you is that it doesn’t need to be a word that brings on feeling of shame or guilt - debt is a tool, and in this episode of The Road To Seven Podcast I’m going to show you how to master it.


I’m going to share with you a few examples of what bad debt is, and what can happen if you take on loans with high interest rates, and no opportunity for return on investment, or ROI. I’m also going to share examples from clients that I’ve worked with, who leveraged good debt in order to grow their businesses.


No matter what, we all take on some form of debt at some point in our business journey, what’s important to remember is that you take on debt strategically, and you find a way to release the shame and guilt around any debt that you currently have, or will have in the future.


In‌ ‌this‌ ‌episode of the Road to Seven podcast,‌ ‌you’ll discover:‌ ‌
The difference between good and bad debtThe type  of debt you may take on in order to grow your businessStrategies to pay down debt and let go of the guilt attached to it

Highlights:‌ ‌
00:01 Intro
01:57 An invitation
04:49 Bad debt
09:18 The state of lending today
10:40 Leveraging good debt
13:09 Micro-lending
13:51 Let go of the story attached to your debt
Links:‌
To work with me and make your next power move, visit:
https://theroadtoseven.com
Stay Connected
Like what you’re hearing? Click here to follow on Apple Podcasts for more episodes to boost your Road to Seven today! I have more episodes with great tips and conversations with women that are revolutionizing the way we do business - don’t miss it!
You can also join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.
I would be really grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review” I’d also love to hear what your favourite part of this episode is in the comments below. Thank you!
Follow me!
Instagram: @shelaghcummins
Twitter: @shelaghcummins
https://facebook.com/ShelaghCummins
https://linkedin.com/in/shelaghcummins 

“Just because you have profit doesn't mean you have great cash flow, and the only way to know if you're in the clear with your cash flow is to be tracking it, seeing it, and following it.”
- Shelagh Cummins


Your cash flow is the lifeblood of your company. It ensures that your business can meet its day to day operations, and it also is a tool for you to expand and scale. However, what so many entrepreneurs believe to be true, is that your revenue is equal to your cash flow, and that does not work when unexpected expenses pop up, or you need to make a major investment in your business in order to scale.


Tune in, because I’ll be taking you through the three biggest misconceptions about cash flow that I see entrepreneurs struggling with all the time. Your revenue is not equal to your cash flow, a profitable business does not mean that you have strong cash flow, and that cash flow problems can only be solved with more sales.


We’ll also discuss your financial practices, and I’ll share my strategies for solid financial practices with you, so that you can confidently tackle any cash flow problems your business may face in the future.


Believe me when I say that on today’s episode of The Road To Seven Podcast you’re going to learn everything you need to know about cash flow, and how to make sure you have more than enough to keep your business running smoothly.


In‌ ‌this‌ ‌episode of the Road to Seven podcast,‌ ‌you’ll discover:‌ ‌
My Google Sheets spreadsheet to track your cash flowHow to plan for unexpected expenses in your businessHow to establish and maintain good financial practices

  
Highlights:‌ ‌
00:01 Intro  
02:00 Understanding the cash flow for your company
03:52 Your revenue is not equal to your cash flow
05:46 A profitable business does not mean you have strong cash flow  
07:02 Misconception: Cash flow problems can only  be solved with more sales  
11:10 Cash flow and emotions  
13:22 Weekly time to review  


Links:‌ ‌

Cash flow tracker: https://cummins.kartra.com/page/cashflow
To work with me and make your next power move, visit:
https://theroadtoseven.com
Stay Connected
Like what you’re hearing? Click here to follow on Apple Podcasts for more episodes to boost your Road to Seven today! I have more episodes with great tips and conversations with women that are revolutionizing the way we do business - don’t miss it! 
You can also join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.
I would be really grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review” I’d also love to hear what your favourite part of this episode is in the comments below. Thank you!
Follow me!
Instagram: @shelaghcummins
Twitter: @shelaghcummins
https://facebook.com/ShelaghCummins
https://linkedin.com/in/shelaghcummins  

“If you're going to talk about women stepping into their purpose, you have to do it for yourself as scary as it may be.”
-Kena Paranjape
If you are facing big challenges in your business, then I’ve got someone who you need to hear from today. My guest Kena Paranjape is the founder of All You Are, an empowerment platform and community for women, who has navigated 20 years of career shifts and challenges, personal loss, and extreme personal transformation.

Kena shares deeply about her journey with self-actualization and self-trust. As a young girl, she noticed very quickly that she felt a lack in her sense of belonging, and now, she’s determined to help other women see that they are worthy of self-love and self-trust.
Kena also shares how her co-founded company BRIKA pivoted from a B2C(Business to Customer) business to B2B (Business to Business) model after enormous success with various pop up stores around the city of Toronto.

So, tune into today’s episode if you’re ready to take on all the challenges life has to give you!
In‌ ‌this‌ ‌episode,‌ ‌you’ll discover:‌ ‌
The importance of introspection for personal and business growthWhy a sense of belonging can have a huge impact on your businessWhat it means to be on a journey of self-actualizationAbout Guest:
Kena Paranjape is the founder of All You Are, an empowerment platform and community for women. Kena is also the co-founder of recently acquired BRIKA, an innovative retail concept focused on highlighting and supporting emerging artisans and designers. Kena has 20 years of experience in retail at brands like Indigo, Joe Fresh, and Gap, as well as a high-end eco-friendly boutique concept. She was most recently the VP of Merchandising at Houseplant, Seth Rogen’s cannabis company where she was responsible for bringing to market their award-winning cannabis accessories collection.
Highlights:‌ ‌
00:01 Intro
00:00 Meet Kena
09:30 All You Are
13:05 Intuition and guidance
15:02 How Kena taps into her inner wisdom
17:30 Cultivating a sense of belonging
19:53 Kena’s biggest business challenges
21:13 What it’s like to be acquired
23:40 What she knows now
25:55 What’s next
Links:‌
https://allyouare.ca
https://instagram.com/kena_allyouare
https://www.linkedin.com/in/kenaparanjape/
To work with me and make your next power move, visit:
https://theroadtoseven.com
Stay Connected
Like what you’re hearing? Click here to follow on Apple Podcasts for more episodes to boost your Road to Seven today! I have more episodes with great tips and conversations with women that are revolutionizing the way we do business - don’t miss it!
You can also join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.
I would be really grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review” I’d also love to hear what your favourite part of this episode is in the comments below. Thank you!
Follow me!
Instagram: @shelaghcummins
Twitter: @shelaghcummins
https://facebook.com/ShelaghCummins
https://linkedin.com/in/shelaghcummins

“Are we inspiring women or are we selling products? That gave a definition to my brand, and that definition came from my heart.”
-Adedoyin Omotara
Friends,  I don't need to tell you that the most powerful way to grow your business is when you lead with heart, passion, and purpose. And today, I’m chatting with my guest Adedoyin Omotara to share with you how she has done exactly this, with incredible results.
In the middle of moving from Aberdeen, Scotland, to Calgary, Canada, Adedoyin decided it was the perfect time to see whether she truly wanted to start her own beauty brand. After product testing and development, Adedoyin officially launched her beauty brand Adoniaa in 2015.
We talked about the importance of mindset, when you as an entrepreneur are on a mission to inspire others – and what it takes to keep your mindset at that next-level energy, the most important elements including coaching, and community.
In‌ ‌this‌ ‌episode,‌ ‌you’ll discover:‌ ‌
What it takes to get beauty products to marketHow to navigate the next-level mindset needed to grow a successful businessWhat it means to run a business that is heart, purpose and passion-ledAbout Guest:
Adedoyin Omotara is a Beauty Entrepreneur, Women’s empowerment advocate, Speaker, Life Coach , Business Coach and the leader of the unmask your beauty movement. Her passion to live a fuller and more expressive life made her leave her successful Corporate Engineering career to become an Entrepreneur.
Seeking the spiritually creative fulfilment missing in her successful corporate career, She determined to resolve the concern that beauty today, far from being that poetic 'joy forever' is unfortunately a source of insecurity, shame and stress for countless women. Her inspirational teaching events promote beauty, inside and out, to an audience of women at all stages of life. She believes in investing in the dream of girls and in the strength of women.
  
Highlights:‌ ‌
00:01 Intro
02:58  Meet Adedoyin
06:08 The growth of Adoniaa
14:22 Different platforms for Adoniaa
18:23 Getting the first product to market
23:25 The most challenging part of Adedoyin’s journey
27:18 Maintaining the next-level mindset
30:22 What she knows now
34:48 What’s next
36:10 Where to find Adedoyin and Adoniaa
Links:‌ ‌
https://www.adoniaa.com
To work with me and make your next power move, visit:
https://theroadtoseven.com
Stay Connected
Like what you’re hearing? Click here to follow on Apple Podcasts for more episodes to boost your Road to Seven today! I have more episodes with great tips and conversations with women that are revolutionizing the way we do business - don’t miss it!
You can also join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.
I would be really grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review” I’d also love to hear what your favourite part of this episode is in the comments below. Thank you!
Follow me!
Instagram: @shelaghcummins
Twitter: @shelaghcummins
https://facebook.com/ShelaghCummins
https://linkedin.com/in/shelaghcummins

“Our ‘find a way’ was to find people who would be willing to walk with us as we walked with communities.”
-Somia Sadiq
If your business is on the brink of rapid growth, friend, this is an episode for you. In today’s episode of The Road To Seven Podcast, I have a great conversation with Somia Sadiq, an entrepreneur who founded and built Narratives Inc., a consulting firm that specializes in territorial planning and impact assessment. 
We talk about everything from what your team expects from you as your business grows, to how to find support as the leader of a company that grew incredibly fast within a five year period.
Somia and I also chatted about the evolution of her leadership which I think will be especially useful for those of you who are currently experiencing rapid growth in your companies. 
I know you’ll get a lot out of this episode, so pop those earbuds in and hit play!
In‌ ‌this‌ ‌episode,‌ ‌you’ll discover:
The power of relationships for rapid business growthHow leadership styles evolve over timeThe importance of leaning on mentors and advisorsAbout Guest:
Somia Sadiq is a Certified Environmental Professional (EP) and a Registered Professional Planner (RPP), specializing in Impact Assessment, Conflict Transformation, Negotiations, Peace building, and Trauma-Informed approaches.
Somia is the founder of Narratives Inc., a consulting firm that specializes in territorial planning and impact assessment, and the founder of Kahanee, a non-profit organization that leans on stories and storytelling for positive peacebuilding. Somia and her husband also just started an RV campground in Manitoba called Base Camp 59.
Somia's work is informed by a keen interest in creating space, respect and voice for multiple knowledge systems, and understanding psychosocial barriers to peace and conflict transformation, particularly dynamics of Identity, Othering, Framing, and Trauma.
Highlights:‌ ‌
00:01  Intro
03:02  Meet Somia
03:22  Somia’s business journey
11:45  Experiencing rapid growth
16:22 Somia’s leadership style evolution
19:39 The challenges of remaining “people first”
23:12 Slow changes in DEI
25:40 What Somia knows now
Links:‌
Narratives Inc Website: www.narrativesinc.com
My LinkedIn: https://www.linkedin.com/in/somia-sadiq-0b21596a/
Base Camp 59 Website: www.basecamp59.ca
To work with me and make your next power move, visit:
https://theroadtoseven.com
Like what you’re hearing? Click here to follow on Apple Podcasts for more episodes to boost your Road to Seven today! I have more episodes with great tips and conversations with women that are revolutionizing the way we do business - don’t miss it!
You can also join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.
I would be really grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review”.
Instagram: @shelaghcummins
Twitter: @shelaghcummins
https://facebook.com/ShelaghCummins
https://linkedin.com/in/shelaghcummins

“What have I done? What have I learned? What can I do? How can I give back? What do I have that could be useful to young women who maybe want to start their own businesses and have that kind of independence?”
- Liz Crawford
My guest Liz Crawford, an entrepreneur, philanthropist, and multi-passionate is going to rock your world. A woman with more than four businesses, Liz is dedicated to the growth and ethical behaviours in the international modelling industry, and ensuring her team are all independently successful.
Liz started her first business after retiring from modelling in her early thirties. What followed was an organic growth and expansion from production agency, to model advocacy, to a modelling agency, and even into renovating an old motel into a luxury getaway in Winnipeg.
So, if you are a multi-passionate entrepreneur and you don't want to choose just one business, then today’s episode of The Road To Seven Podcast is one that you don’t want to miss.
In‌ ‌this‌ ‌episode,‌ ‌you’ll discover:‌ ‌
How Liz moved past the price increase mindset hurdleHow Liz developed a positive team cultureHow Liz balances multiple businessesAbout Guest:
With careers as a movie actress, fashion stylist, freelance journalist, and international model, Liz Crawford’s experiences have been far from what one could call ordinary. In 2007 Liz founded Swish Productions, using her knowledge and expertise in public relations and fashion to open Winnipeg’s only full service fashion marketing and public relations firm. In 2007, Liz was invited to speak in Ottawa at the House of Commons in an effort to regulate the modelling industry for model’s safety. Thus Swish Productions sister company, Swish Model Management was born, representing some of Canada’s most recognized international models.
Highlights:‌
00:01 Intro
04:23 Meet Liz
05:11 Liz’s first company
11:05 The price increase hurdle
12:52 Liz’s second company
21:54 Liz’s third company
24:45 Liz’s fourth company
28:54 Liz’s team
37:34 What Liz knows now
43:27 What’s next for Liz
Links:‌
Swish model management: https://swishmodelmanagement.com/
Her HQ: https://www.herheadquarters.com/
The Rosè websites: https://www.therosebeachhouse.com/
To work with me and make your next power move, visit:
https://theroadtoseven.com
Stay Connected
Like what you’re hearing? Click here to follow on Apple Podcasts for more episodes to boost your Road to Seven today! I have more episodes with great tips and conversations with women that are revolutionizing the way we do business - don’t miss it!
You can also join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.
I would be really grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review” I’d also love to hear what your favourite part of this episode is in the comments below. Thank you!
Follow me!
Instagram: @shelaghcummins
Twitter: @shelaghcummins
https://facebook.com/ShelaghCummins
https://linkedin.com/in/shelaghcummins