How do we get beyond the startup phase and into the scale-up zone? And what are some of the unique challenges women face throughout this process? Today’s guest has some insight on how this transition can be made a little bit easier.

Julia Pimsleur is an entrepreneur and the author of the best-selling book Million Dollar Women. During her years as a CEO, Julia has raised angel and venture capital for various startups and discovered that only 3% of all women entrepreneurs ever reach the one-million-dollar mark. Today, she aims to change that and coaches women through their business so that they can scale and grow effectively.

When Julia built her language business into a multimillion-dollar business, she looked around and saw that there were very few women at that level. Despite women starting twice as many businesses than men over the last two decades, they still weren’t reaching that million-dollar mark.

Julia suspected that women were running into the same kinds of problems she did when she first started out, which was what inspired her to write her book. For example, bank loans. Very few women seek financial aid, and when they do, they’re often turned down by the bank.

In the Million Dollar Women® masterclass, Julia helps her students in three core areas: finances, mindset, and strategy. Finances and strategy are timeless but when it comes to mindset, women are much more cautious in their approach to scaling up, and this can hold them back significantly from growth.

Interview Links:

Juliapimsleur.com

Julia on LinkedIn

Resources:

Scaling Up for Business Growth Workshops: Take the first step to mastering the Rockefeller Habits by attending one of our workshops.

Scaling Up Summits (Select Bill Gallagher as your coach during registration for a discount.)

Bill on YouTube

Mentioned in this episode:

PhD Research on CEOs

Quick favor: I'm in the middle of my doctoral research, and I need CEOs Here's the question: is there a point where working more hours actually indicates a worse leader? Nobody has measured it. I'm measuring it. If you're a CEO or president with at least ten people in the business and three direct reports, it takes just a few minutes. And Your team answers a few anonymous questions. What you get back is a report comparing how you rate yourself to how your team rates you. That gap is usually the interesting part. ScalingCoach.com/study