Kathy Goughenor is an entrepreneur who used to work in corporate America. She decided to get a MBA in order to improve her career. However, she was told that she would never be able to get ahead because she laughs too much. That was when she decided that she had enough of corporate America.
Kathy worked as a marketing manager. Even though she enjoyed a nice salary, the environment was too stressful for her. She resigned in 1995. She tried direct sales, but she discovered that she really wanted to work from home.
Kathy’s real estate agent told her about a virtual assistant job. She now works with her clients via phone, video conference or email. She coaches people on how to be a successful real estate agent. She has made over $500,000 this year. She is able to run the business from her cabin. She lives with her husband and two Golden Retrievers. She also enjoys spending time with her six grandchildren.
Kathy stated that she never thought that she would run a million-dollar business. She said that she wants to be a role model for women who did not have anyone to look out for. Kathy is just one of the many people who is running a one-person million-dollar business.
Corporate America was once considered a viable path to financial security. However, many people believe that the stress is not worth it. Leaping into entrepreneurship is not an easy endeavor. That is why many people decide that it is not for them.
Kathy has some tips for people who want to start a lucrative business.
- Make the most out of your professional experience.
- Know when it is time for you to outsource.
- Pinpoint your core customers.
- Do not be afraid to pivot.