mompreneur – Meron Bareket

Being a mother of four is already a great feat. Being a mother of four AND managing a multi-million dollars business – now, that’s inspiring!

Join us in the 43rd episode of Inspiring Innovation Podcast, where Nellie Akalp, founder and CEO of CorpNet, shares her jaw-dropping story of finding an untreated pain in the market, answering it in an innovative way, and making millions in the process, while changing the lives of her customers.

Back in 1997, Nellie and her husband Phil noticed the hardship entrepreneurs were facing from the legal point of view when starting a business: The cost, effort, knowledge and time required for incorporating and protecting their personal assets and lives was exponential. So Nellie and Phil started an online business to help entrepreneurs with their legal filing.

It was just a single-page website at the time, but soon the business went through the roof. Fast forward to 2005, the business empire ‘Intuit’ bought their business for 20 million dollars. Not a bad return on the initial investment of $100 — their first domain!

Nellie Akalp - Co-Founder and CEO of CorpNet — Nellie Akalp – Co-Founder and CEO of CorpNet

Signing a non-compete agreement, the Akalps retired and focused on their family. But the long experience with the filing industry, combined with Nellie’s passion to helping entrepreneurs, had drawn her back into business and by 2009, with a similar concept as their first company, they created CorpNet.

What is CorpNet?

It’s an online legal document filing service that assists entrepreneurs in starting their own business (or managing their existing one) by getting through all the paperwork – from choosing a business name to establishing a business structure, incorporating or starting an LLC, etc.

Known for it’s customer-centric philosophy, CorpNet offers a range of free, value-added tools (such as their Free Business Structure Wizard) to help new and existing business owners with their planning and filing, as well as cost-effective services to start, protect and manage a business, as low as $49 + state fees. That’s pennies compared to how much attorneys charge over here! 🙂

Work-Life Balance

Through CorpNet, Nellie helped form a whopping 100,000 companies and LLCs across the United States. She’s a hard worker, no doubts about that. Naturally, we talked a bit about what it takes to be a mom and have a successful career at the same time.

Is it possible to really make family a priority? Is it possible to create a balance between family life, love life, and career?

As a mother of four, Nellie had many insights to share, including handling the possibility of her own kids becoming entrepreneurs someday. But what will she do if they choose to become junior entrepreneurs instead of completing their formal education? You’ll have to tune in to find out!

Episode Highlights

Nellie’s amazing entrepreneurial story.
WHY do entrepreneurs need to care about incorporating or starting LLC’s.
The real cost of starting an LLC in the US – it’s not what you think it is!
How to protect yourself and your family from any lawsuits or debt accumulated by your business.
How to handle competition in a saturated market.
How to differentiate yourself – when competing against your old company!
Nellie’s 6-steps process to starting a business.
Tips for starting a business with your significant other, and tips for work-life balance.
Nellie’s views on educating young entrepreneurs, and the importance of formal education.

Items mentioned:

Form an LLC with CorpNet® – Get Started for as Low as $49 Today!
Find the Best Structure for Your Business – Free Business Structure Wizard
Is my name taken? FREE Corporate Name Search at CorpNet® – Get Started!
Email: To Nellie Akalp at [email protected]
Tel: 1-888-752-0363
Twitter: @CorpNetNellie
LinkedIn: http://www.linkedin.com/in/nellieakalp
CorpNet Facebook: https://www.facebook.com/corpnet

Don’t Miss an Episode! Subscribe Below:

Using something else? Copy this address:
––– http://www.meronbareket.com/feed/podcast/ –––

I Need Your Help!

If you haven’t already, I would love if you could be awesome and take a minute to leave a quick rating and review of the podcast on iTunes by clicking on the link below! It’s the most amazing way to help the show grow and reach more people!

Leave a review for Meron’s podcast!

Thank you again for your ongoing support.

Stay awesome,
Meron

Disclosure: Please note that some of the links above are affiliate links. There is no additional cost to you, and I will earn a commission if you decide to make a purchase.

Transcript

Continue reading IIP043: Solving a Pain And Turning a $100 Investment Into $20,000,000

“Since I was a teenager, I always wanted to change the world. I wanted to make it a better place. And I’m doing that, in a very concrete and real way for the families that are benefiting from our work. And that is the most incredible feeling in the world.” –Elaine Taylor-Klaus

In episode 42 of Inspiring Innovation Podcast, we are joined by Elaine Taylor-Klaus, co-founder of ImpactADHD, a professional certified coach, parent coach, a writer, speaker, educator and above all – a mom.

In this honest and eye-opening interview, Elaine shares how she went through the first ten years of raising children with undiagnosed ADHD, and the pain and stress that it created – the hardships in school and social contact and how it bled into the family’s daily life. How it affected everyone’s happiness inside the Taylor-Klaus home, and the helplessness that she felt, going from doctor to doctor, therapist to therapist, trying to find an answer that will balance her home.

How did her passion for understanding ADHD get started?

Once her children have been diagnosed with ADHD, Elaine was determined to become a therapist:

“As god is my witness, no parent should ever have to go through alone what I went through in those first ten years” —Elaine Taylor-Klaus

Being a full-time mother of 3, she couldn’t find any program that fit her schedule. Then, she discovered coaching, and in that – her life’s calling.

Together with her co-founder, Diane Dempster, they founded ImpactADHD, where they focus on training and coaching parents on how to raise kids with ADHD or other behavioral problems the right, and empowering way.

Discover. Learn. Be inspired.

Take away tons of golden entrepreneurship lessons from today’s episode, including:

When should you say no to customers and niche down?
How to start charging money and feel GOOD about it?
How to handle failure and the fear of it?
How to make a huge change in your life and profession to follow your inner calling?