How do you pick up the pieces when financial hardship hits your business? There’s no perfect answer, but one thing is certain. You need a hefty dose of humility and resilience to rebuild and recover.That’s what entrepreneur Keri Murphy realized after she was forced to shutter her business during the 2008 recession. Once she made the decision, Keri started reflecting on what went wrong with her business—and what she needed to change moving forward. In our conversation today, Keri tells me about her background, her successful business coaching company, and her experience getting back on her feet after declaring personal bankruptcy.You’ll learn why it’s important to acknowledge your mistakes as a business owner, how you can pivot your business during hard times, and why it’s so crucial to take a proactive approach to managing your business finances. About my guest:Keri Murphy is the CEO and founder of Inspired Living, a company that helps entrepreneurs harness the power of video to grow their businesses. Prior to starting Inspired Living, Keri owned a modeling agency that she grew to nearly $1 million in revenue before shutting it down after the 2008 recession. Now, she’s an international speaker, media expert, and business mentor who coaches people on how to grow their businesses. In this episode we talk about:➤ How Keri became an entrepreneur (6:30)➤ How she felt when the recession hit (9:06)➤ Keri’s financial missteps (10:42)➤ How Inspired Living grew to its current success (13:34)➤ The changes Keri made to her business finances (17:26)➤ Keri’s advice for other women entrepreneurs on overcoming challenges (19:50)Keep ListeningCurious to learn more about financing your growing business?Check out the crowdfunding podcast series talking about equity crowdfunding and reward-based crowdfunding. Contact MeReady to transform your purpose to an impactful business financial story, profit, and joy? Schedule a chat with me at any time.Connect with Keri:➤ Website➤ Facebook➤ Instagram➤ LinkedIn➤ Twitter➤ YouTube