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May 6, 2024 35 mins

What does a balance beam have to do with scaling a business? More than you'd think. There's a reason gymnasts don't start on the high beam. In this podcast episode, Kimberly Spencer draws parallels between mastering skills on the low beam before aiming higher and how this applies to entrepreneurship. Whether it's honing focus or perfecting delegation, start small, build confidence, and when the time comes, you'll be ready for the big leagues. 

 

In this episode of the Crown Yourself podcast, host Kimberly Spencer shares a poignant moment she witnessed between a father and his daughter at a gymnastics class. The father's advice on overcoming fear and learning from falls resonated with Kimberly, prompting her to draw parallels to entrepreneurship. She reflects on her own business struggles, the emotional challenges of grief and motherhood, and the importance of resilience and self-care. Kimberly discusses strategic decision-making, the value of data in business and health, and the mindset shift from playing not to lose to playing to win. The episode is a blend of personal insights and professional strategies, ending with an empowering call to embrace one's journey and reign in life.

 

#Entrepreneurship #GrowthMindset #PersonalGrowth

 

What you will learn from this episode:

  • Embracing the process of falling and getting back up
  • Overcoming fear and embracing the coaching process
  • Importance of trust and commitment in personal growth and entrepreneurship
  • Practicing and building trust within oneself
  • The metaphor of the balance beam and aiming for higher goals
  • Embracing failure as a catalyst for progress and improvement
  • Decision-making process and risks in entrepreneurship
  • Reconnecting with purpose and prioritizing self-care
  • Making strategic decisions and tracking key performance indicators
  • Embracing resilience and commitment to playing to win

 

Enjoy, sovereigns!

 

Listen to the episode on Apple Podcasts, Spotify, Google Podcasts, Amazon Music, or your favorite podcast listening platform. You can also watch the episode on YouTube.

 

Quotes:

“If you want to grow to have a $1 million business, then you need to make sure all the team is swimming in the same direction.” ~ Kimberly Spencer

“If you say that the goal is important to you and that's something you want to work toward but you aren't willing to do what the coach says as far as tasking is concerned, then you're not actually committed to the goal.” ~ Kimberly Spencer

“The visionary needs space to create. And if you're in the grind of the day-to-day, doing all the things and doing all the stuff, then you don't have that space.” ~ Kimberly Spencer

 

Moments of Note:

The coaching conversation (00:00:00) A father coaches his daughter to embrace falling and getting back up, relating it to entrepreneurship and personal growth.

The importance of falling (00:03:18) The father explains the importance of falling off the balance beam to overcome fear and make progress, drawing parallels to entrepreneurship.

The practice on the lower beam (00:08:00) Kimberly discusses the significance of practicing skills and discipline on a lower level to prepare for higher goals.

Fear of failure (00:13:47) The conversation about embracing failure and learning from it, with Kimberly sharing her own experiences and lessons learned.

Playing not to lose (00:17:13) The concept of playing not to lose in business and the importance of shifting focus to playing to win.

Investing and Pouring Money into Businesses (00:2

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