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#74: How Beate Chelette Went From $135,000 in Debt to Selling a Million-Dollar Business

About the Episode:

In today’s episode, we’re talking to Beate Chelette, the entrepreneur, consultant and speaker behind The Growth Architect, a training program that’s landed her on Huffington Post’s list of the 50 Must-Follow Women Entrepreneurs of the year.

As the author of the international best-selling book, Happy Woman, Happy World, Beate focuses much of her work on helping women-led businesses and entrepreneurs to unlock their biggest challenges and reach true scale with their companies. Beate’s personal story is an unbelievable one.

Originally from Germany, she immigrated to the US and eventually found herself in Los Angeles. Always an entrepreneur at heart, Beate took her interest in photography and parlayed that into a growing stock photography business. 

However, at one point in time, she found herself $135,000 in debt as a single mother, but through A LOT of hard work and creative problem-solving, she went on to build a very powerful niche market for her stock photography business, and she sold that company to a Bill Gates-owned entertainment media brand.

In Today’s Episode, We Talk About:

[03:39] What book she’s reading at the moment.
[04:14] What she was like as a child and where she grew up.
[05:31] When she began photography.
[06:52] Early jobs that she had.
[08:01] How she got into debt.
[10:22] What she did after avoiding bankruptcy.
[15:19] The main things she did that attracted the Bill Gates’ company.
[20:32] About her book,Happy woman, happy world.
[24:09] The best selling channels for the book.
[27:38] The first steps she takes with new consulting clients.
[30:02] Her number one piece of advice for anyone looking to take their side hustle full time.
[30:17] Strategies she’s tried in the past that have failed.
[31:35] The best investment she’s ever made in terms of growing her business.
[30:02] Her number one piece of advice for anyone looking to take their side hustle full time.

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Resources Mentioned:

Better Together: 8 Ways Working with Women Leads to Extraordinary Products and Profits by Jonathan Sposato

The Board Game: How Smart Women Become Corporate Directors by Betsy Berkhemer-Credaire

Happy Woman, Happy World by Beate Chelette

Connect with My Guest:

Beatechelette.com

Beate on LinkedIn and Twitter

Subscribe, Review, & Share:

If you enjoyed this episode of The Side Hustle Project, I would love your support. Head over to the show on iTunes or in the Apple podcast app and give us a rating please! And as always you can catch every episode on the Apple podcast app, Stitcher or wherever you get your podcasts. Thanks for tuning in.

Hi I'm Ryan Robinson

Blogger, podcaster and recovering side project addict. Head of Content at Close. Join me here, on ryrob.com to learn how to start a blog, make money blogging and grow a profitable side business. Be sure to try my popular free keyword research tool & AI article writer tool, as well. Somehow, I also find time to write for publications like Fast Company, Forbes, Entrepreneur, The Next Web, Business Insider, and more. Let’s chat on Twitter and YouTube about our feelings (and blogging, of course).

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