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Kim Ades, president of Frame Of Mind coaching. Kim\\u2019s a\\nperformance coaching expert who helps people to examine and shift\\ntheir thinking using a unique system of journaling. Listen to Kim\\nand Nathan talk performance coaching, the details of Kim\\u2019s business\\nsuccess, and how to be an entrepreneur with kids.

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Famous 5
\\nFavorite Book? \\u2013 Scaling Up
\\nWhat CEO do you follow? \\u2014 Richard Branson
\\nWhat is your favorite online tool?\\u2014 Dropbox
\\nDo you get 8 hours of sleep?\\u2014 Absolutely not
\\nIf you could let your 20 year old self know one thing, what would\\nit be?\\u2014 That everything would be fine

\\nTime Stamped Show Notes:
\\n01:10 \\u2013 Nathan\\u2019s introduction
\\n01:40 \\u2013 Welcoming Kim to the show
\\n01:55 \\u2013 Kim now licenses out journaling software developed in her\\ncompany
\\n02:15 \\u2013 Licensed for $69 per month to around 400 subscribers
\\n02:31 \\u2013 Main revenue stream is from coaching at Frame of Mind
\\n03:17 \\u2013 Prices range from $3600-$10,000 for 10 weeks of\\ncoaching
\\n04:24 \\u2013 Total coaching revenue $600,000 in 2015
\\n05:03 \\u2013 Business employs 18 coaches
\\n05:50 \\u2013 Main expenses are phone lines, internet and support\\nstaff
\\n06:29 \\u2013 Overhead around $18,000 per month
\\n07:02 \\u2013 Revenues split between Kim and the coaches
\\n08:01 \\u2013 How Kim runs her business with 5 kids
\\n08:30 \\u2013 \\u201cBe where you are\\u201d - focus on home at home, and work at\\nwork
\\n09:15 \\u2013 Are you raising your kids to think like\\nentrepreneurs?
\\n09:40 \\u2013 How Kim\\u2019s kids are running their own businesses
\\n11:00 \\u2013 Managing allowances and jobs
\\n14:50 \\u2013 Famous Five

3 Key Points:
\\nDon\\u2019t panic. Even when times are incredibly challenging, you\\u2019ll get\\nthrough them.
\\nChanging your mindset is the most important step to improving your\\nperformance. Take time to reflect on how you\\u2019re thinking.
\\nIf you have kids, teach them that they have to work for their\\nsuccess.

Resources Mentioned:
\\nFreshbooks - The site Nathan uses to manage his invoices and\\naccounts.
\\nHost Gator \\u2013 The site Nathan uses to buy his domain names and\\nhosting for cheapest price possible.
\\nLeadpages \\u2013 The drag and drop tool Nathan uses to quickly create\\nhis webinar landing pages which convert at 35%+
\\nAudible \\u2013 Nathan uses Audible when he\'s driving from Austin to San\\nAntonio (1.5 hour drive) to listen to audio books.

Show Notes provided by Mallard Creatives

The Top is FOR YOU if you are:

A STUDENT who wants to become the CEO of a $10m company in under\\n24 months (episode #4)

STUCK in the CORPORATE grind and looking to create a $10k/mo\\nside business so you can quit (episode #7)

An influencer or BLOGGER who wants to make $27k/mo in monthly\\nRECURRING revenue to have the life you want and full CONTROL\\n(episode #1)

The Software as a Service (SaaS) entrepreneur who wants to grow\\nto a $100m+ valuation (episode #14).

Your host, Nathan Latka is a 25 year old software entrepreneur\\nwho has driven over $4.5 million in revenue and built a 25 person\\nteam as he dropped out of school, raised $2.5million from a Forbes\\nBillionaire, and attracted over 10,000 paying customers from 160+\\ndifferent countries.

Oprah gets 60 minutes or more to make her guests comfortable to\\nthen ask tough questions. Nathan does it all in less than 15\\nminutes in this daily podcast that\'s like an audio version of Pat\\nFlynn\'s monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop

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