Episode 8:

Dr. Angela Lauria

Building an 8-Figure Empire & the Stuff No One Tells You About Entrepreneurship

June 10, 2019

In this episode of Zen Money Monday, we dive headfirst into fast entrepreneurial growth...and all the surprising things about building a strong business.

Episode in a Nutshell:


In this episode, Liz welcomes entrepreneur, publisher and author, Dr. Angela Lauria. Liz and Angela talk about the importance of running a business with vision and integrity. Angela shares her own experiences as an 8-figure business owner and the transitions she’s overseen as a result. Finally, Angela talks about having the right money mindset in order to build a business worth upwards of seven to eight figures.

In detail, we covered:

  • 00:52 – Introducing today’s guest, Dr. Angela Lauria
  • 02:07 – Angela's mission: focusing on business growth
  • 03:01 – Angela talks about working at a tech company prior to starting her biz 
  • 04:57 – The catalyst to start her own business
  • 08:48 – Early struggles of starting a business

  • 09:44 – The transition to entrepreneurship

  • 15:28 – The difficulties of replacing salary in a business

  • 18:15 – Angela's personal trainer story

  • 20:50 – Angela's endgame for her business

  • 22:59 – How Angela mastered the art of planning

  • 23:59 – Angela talks about scaling her business

  • 33:13 – Letting go and transitioning out of the business

  • 37:32 – The importance of delegating as a business owner

  • 41:35 – The White Tape Story

  • 43:42 – Design Thinking

  • 44:39 – What Zen Money means to Angela

  • 49:27 – Angela talks about the importance of having vision

  • 53:53 – Takeaways Angela wants the audience to know

  • 59:17 – Mother Theresa's money mindset

Sound Bites:

  • "I remember saying, 'It's irresponsible for me to leave a good paying corporate job, as a single mom, to take the risk of starting a business.'" (04:46)
  • "So, it turns out two hundred thousand dollars in salary is different than two hundred thousand dollars in company revenue. That was very sad news for me." (15:44)
  • "I feel like with information businesses, you have to be willing to give up control." (27:18)
  • "It's sort of like if you're a parent and your kid lives with you for your whole life. They can live a good life, you haven't really launched your child." (31:08)
  • "My goal is to build a solid, stable, tremendously cash flowing business, with sanity, that will get me to five million dollars in wealth in four years so that I can retire." (45:01)
  • "All that money does is buy you choices." (47:23)
  • "If you're trying to get to a quarter of a million, there's one thing I think you need: stable, steady, repeatable lead flow. And you must learn how to invest in steady, stable, repeatable lead flow." (54:05)

About Dr. Angela

Dr. Angela E. Lauria is the founder of The Author Incubator™ and creator of the Difference Process™ for writing a book that matters. In 2018, The Author Incubator was ranked #275 on the Inc. 500 fastest growing companies and #87 on Entrepreneur Magazine’s Entrepreneur 360. Dr. Angela won the  Coach/Mentor of the Year Award and her program, The Author’s Way was named Coaching Program of the Year by the Stevie Awards. Dr. Angela was also named, by E&Y as a finalist for Entrepreneur of the Year and Entrepreneur Magazine, named her one of the top 10 most inspiring entrepreneurs because of her compelling journey.


To learn more about Dr. Angela's work and The Author Incubator, visit www.theauthorincubator.com. You can also follow her on Instagram here: @authorincubator.  

Join the Zen Money Conversation!

My favorite part of recording a live show every week is the conversation we get to have on social media, with comments posted here, and messages I get from listeners.


This week's question is:


Do you have a long-range plan for your business, including an exit strategy?


If you're a new listener to the Zen Money Monday show or a long-time fan, I'd love to hear from you! Hop on over to the Contact page and let me know how you liked this episode and what topics you'd find most meaningful to hear about next!

Fun Free Stuff

Check out these resources we discussed in this episode:


Quarter Million Book Training: www.quartermillionbook.com - Want to build a business and make a difference? This training will show you how to leverage a book with a profitable, long-term plan.


#ZenMoneyMap: www.zenmoneymap.com/moneystyle - Learn your Zen Money Financial Archetype and start levering your unique money style to your advantage with quick wins today!

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Hosted by:

Liz Lajoie, Zen Money Strategist & CFO

Liz Lajoie, the “Zen Money CFO”, helps entrepreneurs master their finances and grow thriving businesses that support their passions and advance their big missions.

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