Your Business on Purpose

Dawnette Palmore
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Your Business on Purpose

'Your Business on Purpose' is a podcast designed for women seeking clarity, control, and confidence in their finances, empowering them to run thriving businesses and lead financially stress-free lives without compromising their priorities. Join Dawnette Palmore, a seasoned business owner of 24 years and a ten-year money coach, as she shares insights to help you excel in both your business and personal life. Support this podcast: https://podcasters.spotify.com/pod/show/dawnettepalmore/support

  1. 16 HR. AGO

    E126: Building Dreams with Faith, Balance, and Purpose with Lauren Cole

    In this episode of Your Business On Purpose Podcast, host Dawnette Palmore welcomes special guest Lauren Cole, a powerhouse entrepreneur, motivational speaker, and life coach who shares her journey of navigating multiple roles with faith and resilience. With over 20 years in the banking industry and a certification from Cornell University in Women’s Entrepreneurial Leadership, Lauren is on a mission to empower women to pursue excellence while staying grounded in their purpose. Lauren and Dawnette dive deep into: Balancing a 9-to-5 and Entrepreneurship: Lauren emphasizes the importance of maintaining a steady income source while building a business, providing insights on handling finances realistically to support long-term success. Overcoming Self-Doubt and Competition: Lauren shares her belief in focusing on one's journey rather than getting caught up in competition, as well as the power of collaboration. Staying Organized and Preventing Burnout: Discover Lauren’s method of structuring her time to manage multiple businesses, personal life, and self-care without losing sight of her vision. Finding Purpose and Clarity: Lauren explains how faith, clarity, and connecting with her 'why' serve as foundational tools for overcoming fear and creating meaningful impact. Tune in for an inspiring conversation about balancing work, faith, and entrepreneurship while remaining committed to intentional growth. Whether you're starting out or looking to scale, Lauren’s journey offers insights on aligning your vision with practical steps for success. Connect with Lauren Cole Instagram: @miss_laurencole_BWBC Facebook: Lauren Cole Check out Lauren’s photo booth business at JFI Photo Booth and her networking group Businesswoman Brunchin (BWB), with chapters across multiple states. --- Support this podcast: https://podcasters.spotify.com/pod/show/dawnettepalmore/support

    23 min

  2. NOV 13

    E125: Building Financial Resilience for 2025 - Strategies to Thrive in Uncertainty

    In this episode, host Dawnette Palmore dives into a topic that's essential as we wrap up 2024 and head into a new year—financial resilience. Dawnette shares actionable insights to help you safeguard your business against financial challenges, manage cash flow effectively, and build reserves to stay strong, no matter what the future holds. Key Points Covered: Understanding Financial Resilience The importance of building financial resilience and how it supports long-term stability and growth. Why financial independence offers the freedom to make empowered choices. Creating Cash Flow Projections Learn how to project income and expenses for the next three months to gain clarity on your financial health. Tips for identifying cash flow trends and anticipating tight periods. Building a Solid Spending Plan Strategies to align spending with business goals for 2025. How to manage both fixed and variable expenses, and why savings are critical. Establishing a "Hills and Valleys" Fund The difference between a reserve fund and an emergency fund, and why each is essential. Tips for consistently contributing to your fund and using high-interest savings for added growth. Expense Optimization and Savings Tips Ways to streamline expenses, evaluate subscriptions, and free up cash for reinvestment. Setting achievable savings targets to support business resilience without feeling overwhelmed. --- Support this podcast: https://podcasters.spotify.com/pod/show/dawnettepalmore/support

    18 min

  3. NOV 6

    E124: Marketing on a Shoestring Budget: Affordable Strategies for Small Business Owners with Corey Fonville Foster

    In this episode of Your Business on Purpose, host Dawnette Palmore dives into the world of budget-friendly marketing strategies with Corey Fonville Foster, CEO of iRock Marketable Business Solutions. Corey shares her journey from a medical assistant to a successful business coach, trainer, and speaker who specializes in helping entrepreneurs master marketing, sales, and business fundamentals without breaking the bank. Key Topics Covered: Why Marketing is Essential for Small Businesses: Corey discusses why every business, no matter the size, must invest in marketing to attract and retain customers. Types of Affordable Marketing Options: From social media to email marketing, Corey breaks down different ways to get your message out without high costs. The Power of Knowing Your Audience: Discover how targeting a specific audience can make every marketing dollar count. Creative Strategies for Affordable Marketing: Learn about batching social media posts, using automation tools, and focusing on software over team hires to stretch your budget effectively. Balancing Business with Part-Time Work: Corey shares her perspective on sustaining your business with additional income, highlighting the value of pursuing other work to support your dreams if needed. Corey and Dawnette also discuss the realities of entrepreneurship, the myth of "overnight success," and the importance of remembering your "why" in business. Connect with Corey Fonville Foster: Website: iRock Marketable Business Solutions Social Media: Facebook, Instagram, and YouTube at Corey Fonville Foster --- Support this podcast: https://podcasters.spotify.com/pod/show/dawnettepalmore/support

    23 min

  4. OCT 30

    E123: How to Prepare for Year-End Financial Success and Scale Your Business for 2025

    In this special milestone episode of Your Business On Purpose, host Dawnette Palmore celebrates her journey of podcasting and shares her gratitude for all the amazing women who have supported and benefited from the show. In today’s episode, Dawnette focuses on key strategies to help women entrepreneurs finish Q4 strong and lay the groundwork for a successful 2025. In This Episode, You’ll Learn: The Importance of Year-End Financial Reporting: Why preparing your financial reports now makes tax time easier and sets the stage for long-term growth. Record-Keeping Best Practices: Learn how organizing your records and identifying potential write-offs (like equipment, software, and professional development) can save you money. The Augustus Rule & Documentation: What documentation you need to properly write off business expenses and avoid trouble with the IRS. Setting a Growth Mindset for 2025: Tips on using Q4 as the foundation for building a sustainable, scalable business that can thrive without your constant involvement. Investing in Professional Development: Discover why investing in yourself through courses, mentors, and coaching is essential to becoming a better leader and scaling your business. Leadership Skills for Entrepreneurs: How to build leadership skills that will help you communicate, listen, and lead your team to success. Resources Mentioned: Episode #119 on creating a spending plan Episode #121 on preparing for a profitable Q4 Connect with Dawnette: Website: www.yourmoneyonpurpose.com Email: yourmoneyonpurpose@gmail.com Social Media: @YourMoneyOnPurpose Call to Action: If this episode brought you value, please subscribe, like, and share it with others. Let’s empower more women to build their empires, leave legacies, and create impactful businesses! --- Support this podcast: https://podcasters.spotify.com/pod/show/dawnettepalmore/support

    11 min

  5. OCT 23

    E122: Mastering Mindset and Overcoming Entrepreneurial Challenges with Davina Serpentine

    In this inspiring episode of the Your Business on Purpose podcast, host Dawnette Palmore continues her powerful Women's Summer Series titled Women Entrepreneurs Unplugged. Despite the arrival of fall, the conversations have been so valuable that the series is extended. Today, Dawnette is joined by Davina Serpentine, founder of Lux Networks, a red carpet event production company designed to help businesses build authority through media, press exposure, and exclusive networking. Davina shares her entrepreneurial journey, which started nearly a decade ago, as well as the challenges she faced while transitioning into full-time entrepreneurship. With her holistic approach as a therapist and coach, Davina emphasizes mindset as a key factor in overcoming obstacles, whether it’s managing variable income, maintaining balance with family, or navigating time management struggles. Key Takeaways: Balancing motherhood and business: Davina’s personal experience with juggling entrepreneurship and motherhood, and how her son motivates her quest for financial freedom and a flexible lifestyle. Managing variable income: Insights into the highs and lows of income as an entrepreneur and how to prepare for lean months. Time management strategies: Tips on building a structured routine, using calendars, and managing overwhelm by focusing on one task at a time. The importance of self-care: Both Davina and Dawnette emphasize the significance of self-care to avoid burnout, from daily movement to budgeting time effectively. Affirmations and mindset: How positive affirmations and sticky notes can help entrepreneurs stay motivated and focused on their goals. Connect with Davina on Instagram: @Davina.Lux Learn more about hypnosis, mindset reprogramming, and holistic business coaching from Davina. Resources: Davina Serpentine's Lux Networks: Red Carpet Events Your Money on Purpose Coaching with Dawnette Palmore --- Support this podcast: https://podcasters.spotify.com/pod/show/dawnettepalmore/support

    26 min

  6. OCT 16

    E121: Mastering Q4 - Financial Strategies for a Powerful Start to 2025

    In this episode, Dawnette continues her solo mini-series on how to be financially fit in the final quarter of 2024, ensuring your business is positioned for an explosive start to 2025. If you haven't listened to episode 119, be sure to check it out for foundational tips! In today's episode, Dawnette shares: Strategic Financial Forecasting: How to align your financial plan with long-term business objectives and how Q4 results can shape your 2025 goals. Profit Planning: Maximizing profitability by focusing on your highest-margin products and services, and how to stand out while your competition is winding down for the holidays. Tax Planning: The importance of smart tax strategies and avoiding unnecessary purchases to save on taxes. Monitoring & Adjusting: Why having regular "money dates" with yourself is essential to staying on track and hitting your financial targets. KPIs and Metrics: Setting and tracking key performance indicators to ensure your financial health and long-term success. --- Support this podcast: https://podcasters.spotify.com/pod/show/dawnettepalmore/support

    12 min

  7. OCT 9

    E120: Women Entrepreneurs Unplugged - Impact Investing and Overcoming Challenges with Tanaha Hairston

    In this episode of Your Business on Purpose, host Dawnette Palmore continues the enlightening series Women Entrepreneurs Unplugged. Joined by guest Tanaha Hairston, founder of Rise Expert, a community focused on impact investing and financial empowerment, the two dive deep into the unique struggles women entrepreneurs face and the powerful ways they can overcome them. Tanaha shares her journey from managing director in male-dominated spaces to creating a community where women investors thrive. She discusses the importance of educating women about impact investing, aligning financial returns with social good, and her mission to help women take control of their financial futures. You'll hear about her challenges in the investment world, how she overcame them, and practical strategies for blending personal and business life. Key Takeaways: The critical role women play in impact investing. Why educating ourselves about private investing is key to financial success. Strategies for scaling a business and getting women into investing conversations. Tanaha's lessons on starting versus acquiring a business. How to involve your family in your entrepreneurial journey for personal and financial growth. Tune in for insightful advice, real-world stories, and tips on how to grow wealth and make a lasting impact. Connect with Tanaha Hairston: Website: www.RiseTheMovement Explore impact investing opportunities and learn how you can participate in purposeful investing. Follow Dawnette Palmore: Stay connected and learn more about financial empowerment at www.yourmoneyonpurpose.com --- Support this podcast: https://podcasters.spotify.com/pod/show/dawnettepalmore/support

    31 min

  8. OCT 2

    E119: Staying Financially Fit in Q4 - Preparing Your Business for 2025 Success

    Welcome to another episode of the Your Business on Purpose podcast! In this episode, I dive into how you can stay financially fit in Q4 and set your business up for success in 2025. While many entrepreneurs start to check out during the holiday season, this is your opportunity to step up, refocus, and finish the year strong. Here’s what you’ll learn in this episode: Key Takeaways: Assess Your Business Performance Take a detailed look at how your business has performed from Q1 to Q3. Learn how to evaluate what worked, what didn’t, and what needs to change heading into the final quarter. Cash Flow Management Discover the importance of understanding your business’s cash flow—what’s coming in and going out—and how you can optimize your spending to maximize profits. Set Clear Financial Goals Learn how to set specific, actionable financial goals for Q4 that align with your long-term vision and business success. Maximize Holiday Opportunities Take advantage of the holiday spending season by offering promotions, launching new services, and creating “fast cash” opportunities to boost your revenue before the year ends. Prepare for 2025 Success Find out how Q4 can be the perfect time to set the foundation for a thriving 2025. From expense reduction to smart investments, we’ll cover how to position your business for growth. Quotes from the Episode: "While everyone else is checking out this holiday season, it's your time to check in, step up, and set your business up for success in 2025." Action Steps: Assess your Q1-Q3 performance and make necessary adjustments. Optimize your cash flow by cutting non-essential expenses. Set clear financial goals that align with your vision. Leverage holiday spending to boost revenue. Prepare your business for long-term success in 2025. Be sure to subscribe, leave a review, and share this episode with fellow entrepreneurs who are ready to take control of Q4 and plan for a successful 2025! Connect with Dawnette: Website: www.yourmoneyonpurpose.com Instagram: @YourMoneyOnPurpose LinkedIn: Dawnette Palmore --- Support this podcast: https://podcasters.spotify.com/pod/show/dawnettepalmore/support

    19 min
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About

'Your Business on Purpose' is a podcast designed for women seeking clarity, control, and confidence in their finances, empowering them to run thriving businesses and lead financially stress-free lives without compromising their priorities. Join Dawnette Palmore, a seasoned business owner of 24 years and a ten-year money coach, as she shares insights to help you excel in both your business and personal life. Support this podcast: https://podcasters.spotify.com/pod/show/dawnettepalmore/support

Information

  • Creator
    Dawnette Palmore
  • Years Active
    2022 - 2024
  • Episodes
    127
  • Rating
    Clean
  • Copyright
    © Dawnette Palmore
  • Show Website
    Your Business on Purpose

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