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Michelle Weinstein, AKA The Pitch Queen, is the host of Success Unfiltered, which features an array of unique and inspiring guests. She talks to all kinds of innovators and achievers, including multi seven and eight figure entrepreneurs, Shark Tank veterans, authors, performers, and investors.

Her guests share their most intimate stories, no holds barred. It’s the raw and vulnerable stuff that you don’t always hear about, like major rejections, epic failures, and unrelenting setbacks.
They share their most inspiring stories of overcoming adversity, never giving up, and achieving success beyond their wildest imaginations.

She created this podcast to help entrepreneurs realize that they are NOT alone. Everyone who has attempted something epic has had their share of setbacks, failures, and NOs. By sharing unfiltered stories from extraordinary individuals who overcame hardships and ultimately achieved their version of success, her hope is to inspire others to stay in the game and hold out for their own dreams.

Her mission and goal is to inspire rising entrepreneurs to break through barriers, overcome obstacles, and make a bigger impact in the world. It’s her passion to show people how to take action, own their value, and grow their top-line revenue. You CAN build a successful and flourishing business and make a global impact by doing what you love, and Success Unfiltered will inspire you ever step of the way!

https://www.thepitchqueen.com/podcast-success-unfiltered/

Sep 26, 2018

070 | Katie Moodie Shares Why You Should Consider a Plan B, C, & D in Business

A graduate of UCSD with a bachelor’s degree in Psychology, Katie Moodie launched her entrepreneurial spirit into residential real estate soon after graduation. Fueled by the excitement of business development, she eventually realized she could combine this enthusiasm with her personal interests and passion for natural wellness. Diving into research, she began to develop natural remedies for her family, friends and colleagues and before long, her products were in demand.  Finding a very supportive community in San Diego of other cannabis advocates, she teamed up with key scientific partners to utilize 100% of the plant in order to develop KB Pure Essentials organic product line.

Have you ever heard someone say, that having a Plan B means that you’re not fully committed to Plan A?

This absolutely not true, and this week’s guest agrees!

This week’s guest, Katie Moodie, had to learn the hard way, that not having a Plan B for your business can actually cause damaging problems.

Katie and her partner produce CBD oil, which makes it difficult to get banks and merchant processor to do business with them (since local and federal government don’t support the CBD or Cannabis space yet).

Through the struggle, Katie never once gave up, even when one of her merchant processors was doing shady business and ended up keeping $20K of Katie’s revenue. She just kept on going, trying different approaches.

However, the one thing Katie wishes she had done was create a Plan B before it was too late.

If you’re wondering whether having a Plan B is necessary for you and your business, then this episode of Success Unfiltered is a MUST LISTEN!

Enjoy, and thank you for listening and tuning into Success Unfiltered!

To share your thoughts:

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  • Please leave an honest review on iTunes. Your ratings and reviews really help and I read each one.
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Special thanks goes out to Katie Moodie for taking the time to chat with Michelle. Be sure to join us next week for our next new episode!

P.S. When Was The Last Time You Took A Risk In Your Business? Maybe you’ve been bogged down in “what ifs.” Maybe you believe risks have to be outrageous to pay off at all. But neither idea will help you get to the next level in business OR life. What will? Being smart, being brave, and taking risks. In my FREE checklist, I show you how! Click here for The Calculated Risk Checklist: 3 Ways To Take Business Risks With CONFIDENCE.

Here are a few key secrets we talked about in this episode:

  • Michelle introduces Katie Moodie.
  • Katie shares who she is and what she sells.
  • KB Pure Essentials was started by Katie Moodie because her friend Brooke had epilepsy and found that using CBD oil helped with the symptoms.
  • The first big NO that Katie experienced was with something as simple as a bank account. You don’t realize how easy it is for a bank to tell you NO. Katie shares the full story!
  • It took a long time for Katie and her team to find a permanent solution for selling online, because getting a payment processor to accept them was as difficult as opening a bank account when being in the CBD or Cannabis space.
  • Katie and her partner applied to OVER 100 different merchant processors, before being accepted by one.
  • Katie was able to power through each every one of those NO’s by being passionate about the product and the good it could bring to people.
  • Katie’s most devastating NO was when her first merchant processor placed a hold on the money that was coming in from sales, and did not return it (over $20,000) because of reasons they couldn’t legally share.
  • Going forward with her new merchant processor, Katie shares her biggest lessons learned and what she won’t let happen again.
  • Katie and Brooke have been through the ringer, but they keep going like the Energizer Battery.
  • “Sometimes you have to get shaken up a little bit to get laser focused on your goals again.” ~ Katie Moodie
  • Months of planning went into the online launch of KB Essentials, and of that time, the money from the sales was lost. Katie shares this devastating story!
  • Being left with NO other options, Katie and her partner began pursuing different revenue streams to build their business.
  • Katie advises that you should have a Plan B, and C and D, in case A and more fail.
  • When Katie first started out, she had to turn some hemp growers away because of their shady business practices. Listen to this episode to learn how she overcame that.
  • It doesn’t matter what industry you’re in, Katie advises you to watch out for the Sharks, who are trying to take advantage of the “little” guy.
  • Katie shares what she would tell her younger self.

Connect with Katie Moodie:

P.S. When Was The Last Time You Took A Risk In Your Business? Maybe you’ve been bogged down in “what ifs.” Maybe you believe risks have to be outrageous to pay off at all. But neither idea will help you get to the next level in business OR life. What will? Being smart, being brave, and taking risks. In my FREE checklist, I show you how! Click here for The Calculated Risk Checklist: 3 Ways To Take Business Risks With CONFIDENCE.


Music produced by Deejay-O  www.iamdeejayo.com