Living Your Legacy
Living Your Legacy

How a Serial Entrepreneur Turns Employees Into Partners

4h ago18:213,694 words
0:000:00

Katie Moore is a serial entrepreneur whose businesses often begin with something unexpected: another person’s potential. From launching her first Kiddie Academy franchise to expanding across childcare...

Transcript

EN

Just even the way that my businesses have come about,

they've all actually uniquely started because of somebody else. I encounter it, so whether it's like wanting to create positions for my employees that I already have, helping somebody get started and I end up

owning the business or doing it with them. I feel like my path has led me. So that's what I told them. I'm like, follow your path. Like, it's going to lead you there.

You just gotta pay attention. Katie Moore is a driven entrepreneurial and family-focused business owner and Katie Academy franchise owner. Through her work, she supports children's growth while building a successful business that gives her

the flexibility to prioritize both her family and her purpose. It is a risky situation going in a business with a front or somebody know really well, but sometimes in certain circumstances, like now I know kind of what to look for and their work ethic and their drive for things.

What would be like one key piece of advice that you'd give to somebody

who's kind of on the fence. They might want to start something, but they don't know. They might not have the money for it or they don't know how to go and secure funding for a business. Like, what key piece of advice would you have?

Probably just a couple things. I would have, like, one would be just-- [MUSIC PLAYING] It spans the globe. Like a super high school.

Enter their buildings. Ready? All right. Today, Apple is going to reinvent the phone. It's not over.

I'm telling how we're-- the living your legacy podcast for those who live to leave a legacy. [MUSIC PLAYING] Welcome back everybody to another episode of the Living Your Legacy Podcast.

Again, I am your host, Jason Tyler. And today, I am here with Katie Moore. From this Katie Moore, now, we have another Mr. Moore in the building, Mr. Rudy Moore, somewhere around here. I hear the last name more, and I'm like, oh, it's--

it's spelled a little different, though. I'm-- oh, oh, are you? That's perfectly fine with me. I only need to deal with one more in my life, now I'm just kidding.

But Katie, first of all, welcome to the show.

Thank you. Now, we are now on the other side of filming your episode for Women in Power. First of all, how are you feeling? I'm feeling really good about it.

All right. So tell me what would the audience-- what's the number one thing that you want the audience to learn about your story in your episode? One of my first experiences as management was really bad.

It was like a micromanager. And I am-- Oh, we love a micromanager here, don't laugh. All right. So it was a horrible experience that kind of shaped me

into that is not how I would want to be treated and how I want to treat my employees. My philosophy in treating my employees is empowering them and helping them achieve their goals to the extent that I've had employees that

are now partners in businesses.

So I think it's just kind of spreading the love

is what I'd like to share, whereas you don't have to do the normal.

Like I was the first franchisey at Katie Academy

to have-- and I don't know if there will be future ones or not, but my-- made my director a partner in a future school or in future schools.

So I think that that was a very rare situation and a lot of people do that. But I think sometimes you've got to think outside the box and just be a good person. You've got to create the business that you would

most want to work for, right? Interviewed so many people in these chairs. And the number one thing that I see stands out amongst them is they created something that didn't already exist that they wanted to be a part of.

What would you say to a founder out there, our audience is super entrepreneurial, super business oriented? What would you say to a founder out there about creating something that they don't already see in the world?

Those are the best businesses, is finding that void and trying to fill it, which is hard to do sometimes. And sometimes it's like recreating something that somebody else is doing and doing it better. Just taking a little tweak on an already existing system

or process or whatever the case may be, whatever the offer is, right?

I want to take a second here to just kind of, you know,

this is the audience's first time meeting Katie. What is your story? Give me just give me the spark notes version of the story that will be prevalent in your episode. OK, basically I grew up with very healthy, great, strong

support system childhood. I had some trouble in my teenage years. I had a situation where I was right at my best friends older brother. And then that kind of led me to a dark period.

But then, once I was able to turn my life around and go to college and get my focus back, it drove me.

I think it really helped drive me to succeed

in one of my own business. And then I feel like my path in life has been created

By good and bad experiences, but also led me to where I am.

Like, my son is 16 years old and the other day in the car he's like, "Mom, I don't know what I want to do with my life." And I'm like, you're 16. You don't need to know that, yes.

Yes, exactly. I was like, I didn't know when I was 16. I didn't know till I was in college and then even after that, I didn't know what I wanted to do for business. I thought I was going to be in a band at 16.

Right, I mean, right. No idea what I was going to do. Exactly, it was just a thing about, I'm like, stress about that right now in July, if just not too much. But I talked to everybody.

I'll talk to people in lines in the grocery store and like, there's been like in doing that. I feel like I've found my way. So like, somebody, I can't remember what the conversation was, but I know it was in like a target line

and just having a conversation with somebody, spark the idea. And I don't remember exactly which idea it was, but I was like, and then I realized I do that a lot. And just even the way that my businesses have come about, they've all actually uniquely started

because of somebody else, I encounter. So whether it's like wanting to create positions for my employees that I already have or helping somebody get started and I end up owning the business or doing it with them.

And it's just, I feel like my path is led me. So that's what I told them. I'm like, follow your path. Like it's going to lead you there. You just gotta pay attention.

- You gotta be able to listen out for the signs, right?

Like I feel like the universe is constantly throwing us signals to get us to go in like, I don't want to say that, we don't have free will or anything. But the universe will kind of point you in a direction. Like for me, it was, I got a camera put in my hand.

Very, very early on, never thought I was going to do anything

with it. I didn't get paid to do anything with a camera, probably until I was like 24. And then from there, just every door just open, open, open, open.

But I want to talk a little bit about, you know, you are a unique case here at Inside Success, which I would call you like a serial entrepreneur. You just get an idea, just start a business, start a business, start a business.

You have a bunch of different businesses, talk a little bit about like, what the first one was like. - Okay, the first one was the first Katie Academy. So Katie Academy is a franchise. I worked, I was a branch manager for a payroll company.

And I knew a lot of, it was a different franchise, but I kind of started looking into that one and talking to those owners in doing that in research in the competition, I found Katie Academy, I just ended up going that route.

- And so how did that translate into branching out into all of these other different businesses?

- Well, so I have ADHD, so I think that's part of it.

- Same.

- Yeah, you always, a lot of people do,

but like I've used it to my advantage, I guess. So I did the first Katie Academy in like the first year, I was eligible, I went franchisee of the year and I was like, like, it just started, well, I'm kind of good at this, right?

- Like maybe, okay, I guess I'm not bad. So then they started saying, okay, when you're gonna open another one, I'm like another one and then eventually I started looking into that. - True.

- Yeah, then it became three and now it's gonna be four. I had a friend who was my hair stylist and he had gotten in a really bad accent, he had fallen out of a forced story window. And like died and after life experience became back

and he was, he's in a lot of pain. He had like rods in his arm and everything and he ultimately, I found that later, so well, I'm gonna get back to that. First we start, he wound up in a slant.

So I wanted to help him like set up the business and then I quickly realized he didn't have a plan to budget anything so started helping him with everything. And then ultimately, he's like, do you want a partner with me and then we did?

But I found out in that process, I had noticed like strange behaviors and like just a bunch of different things

that he was always losing his phone and then I ultimately

found out that he had, he was addicted to pain killers after his accident and then was on heroin and meth. And so I asked, take a drug test to be able to continue in the business and that was a hard decision I had to make but I knew I couldn't get into business with the drug addict.

And so he didn't show up for the test. I gave him the opportunity to do it again and he didn't. And four years later, he actually passed away from a heroin overdose.

So I was hoping that like sometimes you have to help people

hit their bottom and I was hoping that like Harry's got this dream of his like being handed to him on a silver platter. But ultimately, it wasn't gonna pull him out, those are doing all drugs to get off of. - Yeah, so really like that was the next thing.

And then after that, I opened up my best friend had lost her parents and she said, you know, at some point I want to open a business with you and I was like, what do you want to do? She's like, I don't know.

And I was at a trampoline park with my kids and we always went there so I was like, why don't we do this? And so we opened up one in Arizona because she lives in Arizona now. That one was kind of led by her and something similar

to also a franchise.

Then I just recently opened bar and bankwits.

And I have my best friend Eva who was involved with me

with that and she's just had a lot of struggle in her life and and I just wanted to give her the opportunity to like be able to really do something great and she's a really great person. And so now her and I are doing that together

with another partner friend of mine too, so. - I wish I had more friends like you. - But I just, hey, let's just open a business to this. - I know, I was like, if I could do it for everybody, I could, I would, but obviously I can't, but.

- Which takes me to my next point is like I've talked to a couple of different people on this show that are like you serial entrepreneurs and they constantly opening up businesses and partnering with people.

How do you remain selective in that process of like who you're going to partner with? Who's going to be the next person and I want to open this business with?

You have to have a certain level of trust, right?

- Right. - I've opened businesses and gotten, you know, bitten in the ass by a bad partnership or lack of contract signing and you know, just trying to do things with a handshake.

How do you remain selective in that process? - Obviously, the situation that happened with Jeff and the salon that was a lesson. I remember my attorney's saying to me at the time you shouldn't go into business

with your friends and I'm like, well, I'm doing it, you know? And of course then after like that happened, it was-- - It's exactly how it happened to me. - Is it? Yeah.

So because it does happen or it could ruin friendships and like even the bar banquet business has been a little difficult on our friendship at times

but ultimately our friendship is strong enough

where we've been able to like still move past those things and move forward. But it is a risky situation going into business with a friend or somebody know really well but sometimes in certain circumstances like now

I just I know kind of what to look for and their work ethic and their drive for things like my initial director, Olga, who's now one of my best friends and now my partner in the new schools. I used to feel like she cared more about the schools

and I did and I cared about it so much

but she cared more and like that's what I look for

in a business partner. You know, somebody that's going to make it their own even when it's not and then it heard doing that and giving her a soul essentially like allowed her to that opportunity that now she has her own

that we share really just looking for people with a hard work ethic like I just showed you the champagne my boyfriend and I are working on like his worth work ethic is crazy good. - You guys don't have this context

but he's actually outside on the laptop working on it right now. - Yes, exactly and it's I've seen that drive from him and I've also had you know an exploit fund that didn't have their drive at all and it's very different.

So it's like when you see that in somebody and the opportunity presents itself like actually I came up with the name when we were here at the conference at the inside success conference because like being around people that are successful

just like sparks ideas for me. - I was at that same conference and I was just just the whole time getting to talk to people on the red carpet just I business idea business idea business idea and like being around that energy

I think is so key to being like especially when you're

a founder and you understand the systems and processes that it takes to own an operator business getting an idea and starting a new business off of it is just oh all right I just need to copy and paste what I did for the last four or five businesses

you know I mean and then tweak as I go along what would be like one key piece of advice that you'd give to somebody who's you know kind of on the fence they might want to start something but they don't know they might not have the money for it or they don't know

how to go and secure funding for a business like what key piece of advice would you have? - Probably just a couple things I would have like one would be just if that's your goal like you're not going to achieve your goal tomorrow right like if your goal is to open a

business it doesn't happen tomorrow so it's like what are the steps to get to that goal finding out like researching finding out okay how much is this going to cost getting a budget writing a business plan is really helpful

because it kind of gives you all those things I always say

the final thing is a leap of faith I think a lot of people get caught up on what if I fail or what and us having ADHD were risk takers right so so there's a lot of people who are never like capable of taking that risk because you're never going to be able to stay 100% that your

business is going to succeed and that's a difficult leap to take but I think for me it was like the support system I had in my family to just say like you could you could absolutely do this like we have faith in you and you know having those good people around you to support you helps but I do think it's

really just like setting your eyes on that goal and finding a way to get there again taking that like final leap of faith that

Really is just a leap of faith because there's no guarantee that

it's going to work but just knowing that you've done everything and all the research that you can and that you would do everything possible to make sure that it succeeded like I

remember opening my first school I was like I'll stand the target

parking lot and pass out flyers and meet people with kids and take your kid come check out our school or whatever and I didn't actually need to do that because with Kedia Academy being a franchise like they have such a support system for you and I'm really glad that I did my first business with a franchise because

that was really helpful I would have been kind of lost in a lot of ways because childcare is very complicated there's a million rules regulations and you have people's children's lives in your hands so but yeah just doing your research and taking that

job I say this to people all the time there's never going to be

like that perfect moment you have to be able to take it just

imperfect action even if even if like your plans and you can plan things out six ways from Sunday but if you're just able to take one step just take one imperfect action it doesn't need to be this perfect planned out thing if you can just take that first step and then take another one and another one you

will eventually get to your goal like guarantee you will get to your goal it might not look exactly the way that you think it's going to look but I guarantee you will get there if you just keep

taking the steps to get there I agree and it never goes as

planned it never never not one single time no no it's like

there's always like I would get that question from other people starting Kedia Academy is like you know is there anything you would do differently and it's like well no but stuff just know that stuff is going to come up that's not ideal like projects going to get delayed or this is going to happen like there's always something

that's out of your control that you just have to handle and change makes some changes and adjustments in the run you gotta be adaptable exactly gotta be adaptable now guys if you are still tuned in at this point in the pot I want to first make sure that you check out Kedia's episode it'll be coming out shortly after this podcast episode air

so make sure you keep an eye out for that you're going to get a much more in depth version of her story you'll get to learn the ins and outs of what makes Kady Katie yeah so make sure you guys stay tuned for that where can people find you on social media on the internet there's like a thousand different websites I can imagine for all of these

different businesses that you got but where can people find you um so I have one website that kind of links into everything as roll roll at the right carpet dot com and uh that will have a link to all my businesses and then I'm on Instagram @Kadymore but with six oh so Kadymore more more more got a stupid exciting I got a little carried away that's the 80's she talking it is

that was like how do I make this Instagram more fun let's add some oh so that'll do that's

where you can find me now do it well guys this has been another incredible episode

Katie I want to thank you for coming on the show and I'm really excited to check out your episode guys this has been another episode of the Living Your Legacy podcast again I'm your host Jason Tyler and I will catch you guys in the next one

Compare and Explore