Kate is the creator, engager, and implementer behind Entrepreneur On Fire (EOFire), a business that helps clients ignite their dream life, and is centered around an award winning podcast of the same name.
This master of systems also hosts her own podcast, Kate’s Take, and co-authored the book, “Podcast Journal: Idea to Launch in 50 Days”.
Places to Find Kate:
Find Kate’s Take on Itunes, Spotify, Stitcher, or wherever you listen to podcasts.
On Instagram @katelerickson
1:40 minute: Dorothy tells the story of when and where she met Kate and why she was so struck by her.
2:40 minute: Before EOFire, you were in a corporate setting where you had to depend on others, what happened that changed your mind to create a new path?
- Always thought if you did what you were supposed to and worked hard you’d get everywhere you wanted.
- She lost out on a promotion she thought was being given to her to someone outside the company, and felt flatlined by it.
- That day she promised herself that she would leave her job and make her own way.
6:20 minute: What was that like, did you quit, what was your plan?
- Gave herself 6 months to prepare. Kept working hard while planning on the side what she needed to save to start her own business.
- This gave her a new perspective, and found ways to get the things she was doing to work for her in her future work.
- Turned in notice, and quit!
8:25 minute: Now today, your expertise is how to create systems around your business to give you lifestyle freedom and help you create the business and the life of your dreams. For anyone new to the concept, could you explain what you mean by systems?
- Something that can help you do something a lot easier in less time.
- Putting a set of steps in place that you can follow every time you do that, hopefully automating or delegating some of the steps. The goal is to save time and do things faster.
10:40 minute: I know you took this to the next level recently by taking a 60 day trip through Europe where you only worked one hour a day, is that right?
- Put systems and batching to work for them. For the month leading up to the trip they batched everything they could.
- Systems are also an exercise in learning what type of business you want to run.
- Worked an average of an hour a day, and the refreshment that offered.
- Bottom line of their business was not effected.
13:40 minute: What drives you in business and in life?
- Their audience. Hearing from someone they’ve inspired or helped, and hearing the community work together and share with each other.
- Helping others live their best lives.
15:30 minute: How has your success you’ve created with EOFire impacted your ability to give back and make a difference for things you really care about?
- It has helped create so many relationships that help.
- Wants one on one connection when talking to someone; to get that feeling of contribution.
- Opened eyes to so many people who are giving back and how that culture is strong in her industries.
18:20 minute: Who has been the most impactful person in your journey to do well and achieve financial success?
- Her Dad. The lessons he instilled about being kind to people and saving money among many others.
19:20 minute: Who has been the most impactful in driving you to do good and really make an impact?
- Her Dad would have a hand in this as well.
- Her husband, John, who motivates her and admires his leadership.
20:00 minute: What do you do to get out of a funk when you are having a bad day?
- Taking a step back and realizing how great of an opportunity she has to do what she does. She is grateful for the opportunity that she has.
21:00 minute: What book do you find yourself recommending to most people most often?
- Essentialism: The Disciplined Pursuit of Less by Greg Mckeown (can be purchased here).
21:30 minute: The best piece of advice related to happiness you’d give our listeners?
- Best piece of advice period is to trust your gut.
- Don’t get stressed out by the decision, make it and learn from the outcome either way.
Do Well & Do Good Challenge Nominee:
Pencil’s of Promise: an organization that builds schools in developing countries where there otherwise would not be education or opportunities brought. She had the founder on her podcast four years ago and they have been contributors ever since, helping to build three schools, one of which they got to go visit and experience first hand and see the impact.
Where to Find Dorothy:
Visit Do Well and Do Good’s free Facebook community here and arrange a one-on-one with Dorothy herself!
Follow Dorothy on Instagram @dorothyillson to keep up with the latest Do Well & Do Good news!