Join Sarah Thomson as she chats with Lala Macnab, a dynamic business mentor and serial entrepreneur with two decades of experience. Lala shares her journey of transforming her wedding stationery business amid industry changes and COVID-19, her process in launching new ventures like Good Vibes Scents, and insightful tips on balancing work and personal life. Discover Lala’s strategies for resilience, innovation, and maintaining passion in business. Tune in for a wealth of wisdom and practical advice for business owners and aspiring entrepreneurs.
Key Takeaways:
Adaptability and Resilience: Lala emphasizes the importance of adapting to market changes and being resilient in the face of business hardships.
Strategic Planning: Successful business launches require thorough planning and research, as demonstrated by Lala’s approach to developing Good Vibe Scent Co.
Value of Mentorship: Offering pro bono mentoring during COVID-19 allowed Lala to help others while keeping her own morale high, showcasing the power of community support and professional guidance.
Balancing Business and Personal Life: Incorporating regular self-care and setting realistic goals are crucial for sustaining long-term business success and personal well-being.
Innovative Solutions: Identifying market gaps and creating superior products can drive business success, as seen with Lala’s various ventures.
https://www.instagram.com/lalaforbusiness/