E68: The Personal Pain of Closing a Business, with Penny Power OBE

Can you imagine closing a business you’d built over 14 years of hard work, with a huge financial loss?

 

Navigating cash flow problems in business is a common cause of stress for entrepreneurs.  

 

There are strategies to manage cash flow effectively… but what about strategies to handle the personal toll it takes when things go wrong?

 

In today's episode, I’m talking with Penny Power OBE, who created the first business social network (Ecademy) and navigated her own significant cash flow challenges including having to close her business when it could no longer compete with LinkedIn. 

 

Penny shares her unique insights into handling the personal stress that comes with cash flow problems, learned from her entrepreneurial journey, including the rise and fall of Ecademy, the first business social network.

 

Don't miss out on her valuable advice on stress management, personal growth, and resilience in the face of financial crises. 

 

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Helpful resources for today’s episode:

 

• https://www.pennypower.co.uk/
• The Business Leader’s Guide to Improving Cashflow: https://airmanual.link/cashflow/ebook

 

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Want to learn more? Join our weekly webinar and we'll show you how to free up 15 hours per week and remove the constant stress of running a business, without slowing down growth. Visit www.airmanual.co/webinar for all the details!