Originally aired Wednesday, July 13, 2016.
Episode 1: 3 Ways to Own Your Power & Reinvent on Your Terms
1- Know when to hold them, know when to fold them, know when to change them. It’s important to acknowledge and act when change is necessary. By keeping your head in the sand and ignoring the changing world around you, you risk being obsolete. There are signs everywhere. Pay attention and don’t let ego get in the way.
2- Look for ways to enhance your brand by adding (or subtracting) products, services and/or processes. When you identify areas of weakness, get in front of it before customers abandon you. That way the changes aren’t forced, but a logically progression. Divorce your heart from business decisions. Never make decisions from a place of emotion because emotions make you hang on to things longer than their shelf life. That can damage your company and the bottom line.
3- Get really clear about why you’re reinventing. Reinvention happens for many reasons. Sometimes planned, sometimes forced. The more you understand why you need to change, the easier the transition will be for you, your company and your customers. When you’re clear, you can articulate the reasons, the message and the strategy so that others will be on board with you. Make sure you align with key influencers who can help usher in this transition by exposing you to an expanded audience.
BONUS: Listen to the full audio for additional bonus tips.
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Mogul Chix is celebrating its launch with the Weekend Intensive in Miami, FL September 24-25, 2016. Our Weekend Intensives are designed to help you solve those pressing business growth problems and get objective feedback, while helping you prepare your company to become investment-attractive. This intensive will give you a glimpse into what it would be like to be part of the Mogul Chix experience, understand what it takes to become an investment worthy company, and give you a look at the possibilities for your company to grow and scale. The cost is $899 per person, and an additional $250 if bringing a partner or co-founder. Or opt for the Saturday or Sunday Day Pass. Registration information is available at www.mogulchix.com/weekend-intensive/.
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Adrienne Graham is the Founder of Mogul Chix (www.mogulchix.com), a global company and community for female founders and women entrepreneurs. She works with female-founded companies to grow, scale & making them investment ready. She is CEO of Empower Me! Corporation (www.empowerme.org), a growth strategies consultancy for high growth companies. She provides Strategic Business Growth consulting services to companies with high growth potential to assist clients in creating processes and strategies to effectively scale, run, grow and position their business for success. Adrienne is an author, serial entrepreneur and avid techie dedicated to promoting inclusive diversity in the tech, VC and startup community. She is steadily building her empire one company at a time. She is also a Mentor for the Straight Shot Accelerator in Omaha, NE, which helps guide startups into successfully launched ventures.