Episode 24: How my Business Thrived in the Pandemic, with Abigail Amankwa
In June 2020 Abigail Amankwa’s wedding cake side business just stopped. She had put all her side income into savings and that now meant she now had the funds opportunity to turn an idea into a new direction. What started as a passion for making cakes for friends as a side income aged 19, 4 years later lifted off and became a high growth full time business, in a pandemic!When this kind of growth is new terrain it comes with some bumps and we get to hear her reflect on how she is making better decisions and changing pace in her business in 2021.
Hold tight for incredible financial advice when we get super geeky towards the end when Abigail rolls up her sleeves (literally) and reveals her inner nerd and shares her excellent business profit saving advice - pure gold!
WE TALK ABOUT…
7.19 19 year old Abigail’s influences and passion for baking starting a cake business in her personal time
13.02 The pandemic, savings, growth and quit her main job
17.50 Learning to switch off, managing ideas and making better decisions
20.38 Growth and community
22.38 Getting back to weddings
24.37 The expense of fast growth and peer support
27.56 Boundaries for health and being satisfied with making a comfortable living
31.52 My quick fire questions and the joy of bread and butter and tea
36.01 Bonus best business advice quick fire extended answer all about how Abigail manages her money and stops unnecessary spending
FIND OUT MORE
Find out more about Abigail at https://mandhcake.com and check out her cakes at https://www.notonthehighstreet.com/mandhcakecompany
Follow her on Instagram @mandhcake
REFERENCED IN THE PODCAST…
Profit First by Mike Michalowicz
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Special thanks to Erin for editing this week’s podcast.