Divorce to Dollars: Empowering Women in Business

Today I am honored to share my new friend Traci Simkins with you all! Traci helps stay at home moms going through divorce turn their passion into a small service based business. She helps them uncover what they are good at and create a way to make a livable wage to support themselves and their children. Traci provides some great examples of how she helps women uncover this (as well as providing a free resource!) and then dives into the process of working with her. Tune in today to learn more about entrepreneurship and creating an income by following your passion. 

In this episode:

[2:16] Traci shares her story. [8:17] How did Traci’s kids do when she got married for a second time? [9:57] What led Traci to start her own business after her second divorce? [11:34] What types of businesses is Traci helping women get started? [13:53] How do you know what kind of business to start? [17:15] How do you transition from your children being your world to entering back into the workforce?  [20:05] What is the process when working with Traci? [24:47] Traci shares her one piece of advice that someone can do right now for a better life.

Key Takeaways: 

[17:40] Even if you don’t think you have a passion, you do. You just need to uncover it. Then you can take that passion and see if it aligns with a service based business you could start to support yourself.  [22:06] We kind of have this idea that having a job that pays us is secure. And it can be, but you can also lose your job. You are dependent on someone else. [24:45] A lot of women tend to go into isolation mode when they are going through a divorce because they don’t want people to know about it. But the best thing you can do for yourself is reach out and ask for help. It could be a coach, a therapist, or finding a support group, but find people you can lean on. 

Quotes:  “I think for women who are looking to start a business, if you don't have a passion, you don't think you do, you do, it might not, you know, oh, I'm a baker or I've been an artist my whole life and I love to cook. It might not be something like that, but if you have a passion for education, if you have a passion for children, if you have a passion for helping anyone, the only thing you need to do when you build a business is find a problem, deliver a solution.” - Traci Simkins

Guest Bio: 

Born in SLC and moving to Honolulu at the age of 14, I developed an agility and adaptability that has served me well. Returning to SLC after 23 years away was a challenge, but it was nothing compared to the two divorces that followed, or to the experience of parenting.  A mother first, my children have always been the center of my world and will always be my number one priority, and raising them has been the single most rewarding experience of my life. My professional career, spanning several different industries and managing people, operations, and most recently, projects, has also provided meaning. But facing my 2nd divorce, I began to be discouraged with the corporate landscape, and was ready to shake things up, so I left to start my own small consulting business.

Resources: 

Is Entrepreneurship Right for Me? 

Refined by Divorce YouTube Channel

Refined by Divorce Podcast

Lesa Koski Website

Lesa’s Online Courses

The Onward app was made for...