Top Business Podcast • over 4 million downloads • 900+ episodes
The Strategy Hour Podcast
with abagail pumphrey
Recognized by INC and Forbes as one of the best podcasts for entrepreneurs, join our twice-weekly show as we share business strategies, interviews, and actionable advice for building an online business your way.
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Our Episodes
The 4 Things a Service Provider Must Get Right: Part Four Build the Team to Help You Scale
Let’s dive into our fourth and final part of the epic series that is absolutely going to transform your life and your business! Today, we fill you in on a few critical insights into building the perfect team to help you scale. We’ve saved this one for last because, without creating structure, you can’t start building a team. But once you’re ready, you’ll find it to be an incredibly powerful tool to take you to the next level (if you get it right!) If you’ve skipped a few steps and already have a team of employees, never fear, it’s never too late to improve upon your current systems. Not every piece has to be perfect but when it comes to hiring; the more you know, the more equipped you’ll be to face whatever comes your way. And that’s what we’re here for! In this episode, you'll learn all about hiring for attitude, designing a well-integrated employee system, defining your priorities and hiring accordingly, refining your team, productizing your offer, and so much more! You won’t want to miss this one.
What Does Scaling Mean to You? Here's What You Need to Do Before Going Into a Growth Phase
Today we are going to have a fabulous conversation! When working with our current clients inside The Incubator we always talk about levers. What lever do you need to pull in order to get the result that you want? There aren’t actually that many levers that you have the option of pulling but people like to complicate things. We are here to simplify them for you! Sometimes the things that people think they need to do to scale and grow are actually just the opposite of what they should be doing.
This conversation is all about what you should be thinking about before you start scaling. We want to give you insights into what scaling looks like in reality, so that you can decide if scaling your business really is something you want to do at this current stage of your journey.
What to Do When You Hit a Brick Wall of Indecision When Scaling Your Service Based Business
A common thread that we’ve been noticing is that so many business owners we deal with have excelled in most facets of their life for a long time, but then all of a sudden they’ve hit a wall which has made them start to second guess everything they’ve done in the past, including their ability to be a business owner going forward.
When you get to the point where you realize you are working hard and not reaping the rewards that would make it worth it and you’re feeling stuck about how to change that, we have the solution: The Incubator! When you’re deeply involved in something, it can be really difficult to understand how you can tweak it to make it work better for you. We can provide you with that perspective.
Incubator Client Strategy Breakdown: Bonnie Hit $30k Months & Took a 10 Day Vacay 5 Months Into the Incubator Program
Most of us have a set of preconceived notions about what it takes to grow and scale our businesses. We’re often convinced that in order to make more money we need more clients, which means we need to grow our team. But we can’t grow our team until we have more money. The situation can feel impossible and even send you on a doom-spiral of dread. But it doesn’t need to be this way! Sometimes all you need is a new perspective and a gentle nudge in the right direction. In today’s episode, we share the incredible story of our wonderful client, Bonnie.
We unpack how the Incubator Program helped her understand her business, readjust her pricing structure, and transform her life and her company in the process. We take a deep dive into the preconceived notions around growing and scaling your business, and how small shifts can bring about dramatic changes. Discover how Bonnie managed to double her revenue in five months, find ease within her business, and take a 10-day vacation in Costa Rica, without a laptop! We’ve loved seeing the Incubator community grow, and it’s so rewarding to see members flourish, share, and support one another. Tune in to learn more about the program and how it helped Bonnie transform her business!
What You Need to Be Ready to Admit if You've Hit a Ceiling In Your Business
Today, we want to talk about what happens when you grow your own business only to wake up one day and realize that, although you’ve grown out of the ‘wearing all the hats’ phase and you’ve got all the right people and systems in place, everything still seems to be falling apart. You might still feel like you’re doing 75 million things and you have no idea how you got here or what you’re doing and you feel deeply ashamed that you don’t know how to fix it.
We’ve met so many self-proclaimed entrepreneurs who are the CEOs of their businesses, yet they don’t really know what it means to fully sit in that seat, and part of the confusion lies in the fact that they are incredibly talented. We’re talking about people who have typically excelled in everything they’ve ever done! They’re so used to being the star and, suddenly, they feel like they’ve hit a ceiling. This moment of reckoning is inevitable, and it hits everyone at a different point. For some, it'll feel like an income ceiling and, for others, it might feel entirely time-related. For some of you, it might be a recognition that you need more help but you can’t afford it, or that you’re mismanaging the help you do have, have the wrong help, or you don’t know how to identify the help you need.
Strategically Choosing to Build a Business with Less Profits in Pursuit of Financial Freedom
Let’s start by saying it’s okay to be wherever you find yourself in your financial journey! This one is for those of us who are working our faces off on the back end, and not seeing this translate to profits. Maybe you’ve already identified your first baby step to start working towards your goal. Today’s episode is about identifying your goals and putting them into action. We’re here to equip you with the tools you need to put those steps into action with a long-term goal in mind, from identifying what you want out of it, to learning what you need to learn to grow a healthy business.
The Shift that Doubled Our Business in 4 Months
We have to get creative about how we manage human resources within a completely digital team that is just growing and growing! It’s been the wildest 6 months. You will go through seasons of your business where you are very sure about what you want and what you don’t want, but remember that you have the right to change your mind. What we wanted two years ago is not at all what we want right now, but we’re not mad about it. When you change your mind about something, it’s probably because you have learned more, or have more confidence or more skills in that particular area, and that is nothing to feel bad about! This episode is all about the mindset shift which led us to change something in our business that caused an unprecedented level of growth!
Leaving Retail to Pursue Her Creative Business Full-Time with Krystina Benedetti of The Messy Cookie
Today on the podcast we have Krystina Benedetti of The Messy Cookie. She is a lifelong entrepreneur who has grown her love of baking into a business and started spreading her joy through COVID. She has left her full-time job and has built an online business that offers virtual Cookie Ice Nights and she is also making all these amazing custom cookies. We love this girl, she is so amazing!
Krystina is soon to be a Strategy Academy alumni! She is not even a year through our course, hasn’t even celebrated her first birthday with us, and has already done super amazing things in her business, like putting in her notice to leave her retail job to pursue her cookie business full-time. We break down everything that she has gone through in the last eight months that has led up to the moment where she felt comfortable and ready to leave her job. We talk about what she had logistically prepared for, how she got there mentally, what investing in her business looked like to her, and how she tackled the program and made the most of it to see the most traction. If you are interested in the Strategy Academy, we have a free training video that you can watch here.
Keeping Your Business Smaller on Purpose without Sacrificing Profit
A couple of episodes ago, we teased at the end that we were already going into what could be a whole other conversation. This is that conversation. We are going to be sharing some tidbits we have learned and have deliberately decided to do or not to do in Boss Project, and within our side businesses, to seek growth and to keep our business and our companies in the range we want them to be. This is based on what we do and don’t want to do in that job. We know this sounds confusing but stick with us, and we will break it all down. We really want you to go and listen to episode 512 because at the end we start this conversation, so it might make a little more sense to listen to that one first.
Scaling Your Service-Based Business to 6-Figures Using Dubsado with Elizabeth McCravy
In today’s episode, we are talking with Elizabeth McCravy. She is a Nashville-based website designer and business strategist. She designs strategic and fun website templates for female entrepreneurs. Today we are focusing on her journey utilizing Dubsado to grow her business to six figures plus. We are going to be looking behind the scenes at what features she loves most about Dubsado, what order of importance she recommends for you to set up using Dubsado’s features, to get stuff off your plate so you can focus on clients and actually scale.
Elizabeth says she was only able to scale to six figures because of Dubsado, so if scaling and clients are in your future, Dubsado is going to be for you. We also do a little sneak peek on how Elizabeth has set up Dubsado to use for her podcast guest’ inquiries. She also answers the question of what feature Dubsado should have if it could only have one! We hope this one is an eye-opener for you as far as different strategies to implement in Dubsado in your client-based business, podcast, guest blogs, or anything related to getting people interested in working with you. Let’s get those workflows set up!
From Crickets to Customers with Steph Crowder
In this episode, we’re talking to our good friend Steph Crowder, a business strategist, sales expert, and host of the Courage & Clarity podcast. In her past life, Steph was a director of sales training over at Groupon but now helps entrepreneurs get more customers easily by working with those they already know. Today she is spilling all the beans from her extensive experience in sales, talking about how you can go from crickets to customers by following a three-step formula all about the problem, platform, and people, and we just share hacks from what we have learned here at Boss Project and in our side businesses. Switch on your strategic thinking, and tune in!
Expand, Engage and Convert: Three Ways to See Growth with Josh Coats
Today’s guest is Josh Coats, #1 best-selling author of F*** Leadership, a leaders’ guide for every network marketer so that they can get out of their heads and lead better. With a background in life coaching, Josh teaches masterminds and coaching programs. While today’s conversation is centered around network marketing, the message is much broader than that. Josh is into marketing made simple — Easy, fun, simple marketing that works. So, we go over the three categories that he walks through within his business when sales might be slow or he reaches a plateau or there’s something that’s just not driving. These three areas are his go-tos to see what could be done better. Josh gives us some strategy examples in these three categories, so you can simply copy and paste them into your business.
Along with this, we also dive into freemiums and how to convert without feeling like you’re selling all the time, while also still feeling like you’re engaging in a way that doesn’t take all your time, but creates really good results. This episode is packed to the brim with ideas, so you might need to stop and pause and back up. We get down to such a granular level, that, at times, this feels like a one-on-one coaching session. Be sure to tune in today!
April 2020 Profit Report – The Month We Surpassed Our Profit Goal by 15% and What We’re Focusing on Now
In this episode, we’re excited to do the profit report for April because we don’t know about y’all, but for us, April felt much better than March. When the pandemic first escalated in the US mid-March, everyone was freaking out and didn’t know what to expect. But when April swung by, people got more accustomed to the changes and things started coming into a rhythm again. Businesses were pivoting and finding ways to keep at least a portion of their income steady. We decided to lean into what was already working—to focus on what was performing well naturally. We could easily have tried new things but instead, we stayed focused on growing the shop rather than pushing our $2,000 signature program—which would have been a hard sell in the context of an uncertain economy.
In contrast, the Creative Template Shop is a $47 commitment that helps people with their marketing, which they desperately need now to stay afloat. But for us to approach the crisis with the focus and energy that we are, we needed to make some good choices early on. We avoided mindlessly consuming media and thought carefully about how we were spending our time and who we were surrounding ourselves with. Negativity was the order of the day but we just decided we weren’t going to get sucked into it. This shift in headspace had a huge impact on our business because we spent less time worrying and poured more time into what was already working. In this episode, we once again tell it all—and we are thrilled with the results!
February Profit Report: We Nearly Reached Our Goal Profit!
It feels like it’s been 87 months since February, both in business and life, but we are going back in time to revisit that month and stay consistent with our profit reports. We’ve heard that these episodes are super helpful to you. For those who are unfamiliar with profit reports, we started them in August of 2019, sharing not income reports but profit reports, including the exact percentages of gains, losses, and so on. Our goal is to chase higher profit margins and we share what that looks like for us and the processes we go through to get there. These episodes give you a peek into our business, which will hopefully encourage and help you in setting up your strategies without any comparisons.
Today we talk about how we used the Five Days to Launch challenge to feed Strategy Academy, why we’re okay with Trello for Business breaking even, how The Creative Template Shop blew our socks off, and why we are permitting you to pivot a little right now! Intending to double down on this learning experience, we will also be hosting a live workshop to practically guide you to implement the same things in your business. Stay tuned till the end to hear where to go to learn more about crunching the numbers!
That Awkward Teenager (Business) Growth Phase: It's Time to Get Unstuck
A relevant question recently popped up in our Facebook community, one we felt warranted some unpacking. The question came from someone who wanted to hear from others whose businesses were also past the early stage and now in the season of awkward adolescence. You have made some sales and lined up loyal clients, but you still have higher goals and are eager to learn the next steps. Frankly, you need reliable strategies to get you past this almost-entrepreneur phase ASAP!
We’re in the unique position to offer our advice not only because Boss Project has mastered that stage but because our side hustles are now entering the teenage realm, so we are having to go through all of that again – at this exact moment. But rather than bumming us out, we’re excited about this challenge because it feels familiar now; we’ve been here before and therefore we have a good idea about how to navigate it. Tune in for advice about growing through the awkward teenage phase and running your business like a boss!
meet your host
I don’t believe there’s one right way to build a business.
I’m your host, Abagail Pumphrey. And I’m dedicated to supporting online businesses.
I’m here to help you build business your way: one that supports not only the life you have but the life you want. I’m on a personal mission to help you become financially free.
I’m talking about all the lessons learned as I turned a layoff into a 7-figure online business. I’m here to help you prioritize your life every step of the way, whether you’re creating your first digital product, growing an email list, or scaling an already profitable business.
I want to hear your hot takes, your biggest takeaways, or the genius ideas that pop in your head as you’re listening to the show.
My DMs are always open on Instagram, so head over and introduce yourself so I can get to know you!
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I’ve kept these details to myself for far too long. I’m ready to spill everything and give you the exact steps that’ve helped me generate tens of thousands of qualified leads and MILLIONS in low-ticket digital product sales. I won’t just show you what I did, I’ll teach you how you can do it too.
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