Julie Roy is a name synonymous with resilience, innovation, and inspiration in the entrepreneurial world. A dynamic serial entrepreneur, author, investor, speaker, and coach, Julie’s journey from a struggling single mom to a multimillion-dollar mogul is a testament to her unwavering determination and strategic acumen.
Her recent book, The Multimillion Dollar Mompreneur, encapsulates her philosophy on business mastery, uncommon freedom, and legacy wealth, offering a roadmap for aspiring entrepreneurs.
Julie’s story is as compelling as it is instructive. Raised by a single mother who juggled three jobs, Julie learned early on the value of hard work and perseverance. “I was the oldest of two kids, so I took on a lot of responsibilities naturally,” she recalls. This early exposure to adversity shaped her into a resilient individual, ready to tackle life’s challenges head-on.
Her entrepreneurial journey began in her early twenties with no experience or mentorship. Julie took a daring leap, securing a $25,000 loan with a staggering 19% interest from a dubious lender to start a Montessori preschool. “I had just come back from Europe and needed to pay off loans. I fell in love with the Montessori method and decided to start my own preschool,” she shares.
Starting with zero capital, Julie transformed her mom’s basement into a makeshift classroom. Her husband, then boyfriend, was her steadfast supporter, helping her mop floors after his internship at a psych hospital. “We did everything ourselves, from setting up the classroom to cleaning up after hours. It was chaotic, but it worked,” she recounts.
Julie’s early ventures taught her the importance of taking action. “So many people have dreams but never start. I always say, just start, even if it means bridging your dream with a W-2 job initially,” she advises. Her ability to turn dreams into reality is grounded in her philosophy of prioritizing action over perfection.
Her initial goal was modest—establishing a single classroom for 20 kids. However, by the end of the first year, her preschool had grown to accommodate over 75 children. “I never imagined it would scale this fast, but the key was having a plan and being committed to it,” she emphasizes.
Julie’s journey is not just about business success; it’s also about balancing entrepreneurship with motherhood. A mother of four, Julie’s approach to life is deeply influenced by her roles as both a mom and a business leader. “My businesses were also my babies,” she says. “Every time I had a new baby, it was either a real baby or a business.”
For Julie, the concept of work-life balance is a myth. Instead, she strives for harmony. “We have an invisible load that we carry as women, which makes perfect balance impossible. I focus on being present and intentional with my time,” she explains. This intentionality extends to her business practices, where she employs strict time-blocking and prioritizes high-impact activities.
A significant part of Julie’s mission is to impart financial literacy and build legacy wealth. Her book emphasizes the importance of understanding financial principles and making informed decisions. “We teach our kids about saving, investing, and the importance of generating cash flow,” she explains. Her children, now 18 and 20, are already part-owners in an apartment complex, a testament to her commitment to financial education.
Julie’s philosophy extends beyond traditional financial advice. She challenges the conventional American Dream, advocating for a more strategic approach to wealth building. “I believe in buying assets that generate cash flow rather than liabilities. This mindset shift is crucial for long-term financial success,” she asserts.
The Multimillion Dollar Mompreneur is not just a book; it’s a movement. It offers practical strategies for achieving business mastery and financial independence. Key lessons include:
Julie’s legacy is not just about her success but also about the impact she has on others. She is passionate about helping people realize their potential and achieve their dreams. “Knowledge is power, and proximity is power,” she says. “Get in the right circles, seek mentorship, and never stop learning.”
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Julie Roy’s story is far from over. As she continues to inspire and educate through her books, podcasts, and speaking engagements, her vision remains clear: to empower individuals to live exceptional, unconventional lives. “I’m here to help people. That’s why I do what I do,” she concludes.
For more insights and to connect with Julie Roy, visit her website at thejulieroy.com and follow her on social media. Her journey is a testament to the power of resilience, the importance of financial literacy, and the impact of living a life driven by purpose and passion.