Latest / She's On The Money / Brittney Saunders Turns Lemons into Lemonade
Transcript
- 0:00Speaker 1: Hello.
- 0:01Speaker 2: My name's Santasha Nabananga Bamblet. I'm a proud yr the
- 0:05Speaker 2: Order Kerni Whoalbury and a waddery woman. And before we
- 0:08Speaker 2: get started on She's on the Money podcast, I would
- 0:11Speaker 2: like to acknowledge the traditional custodians of the land of
- 0:14Speaker 2: which this podcast is recorded on a wondery country, acknowledging
- 0:18Speaker 2: the elders, the ancestors and the next generation coming through
- 0:23Speaker 2: as this podcast is about connecting, empowering, knowledge sharing and
- 0:27Speaker 2: the storytelling of you to make a difference for today
- 0:31Speaker 2: and lasting impact for tomorrow.
- 0:33Speaker 1: Let's get into it.
- 0:34Speaker 3: She's on the Money, She's on the Money.
- 0:58Speaker 1: Hello, and welcome to She's the Podcast Millennials who Want
- 1:02Speaker 1: Financial Freedom. My name is Jessica Rickey and as always,
- 1:05Speaker 1: I've got the beautiful Becksyed joining me No Victoria for
- 1:09Speaker 1: the next month or so. She's living her best europe life.
- 1:12Speaker 1: Must be very nice. Must be nice. But I'm excited
- 1:15Speaker 1: because we're bringing back the guest episodes. You guys loved them,
- 1:19Speaker 1: so did we, And I'm really really excited because we've
- 1:23Speaker 1: got an awesome guest joining us today. We'll be sharing
- 1:26Speaker 1: some of our favorite money wins helping to answer a
- 1:28Speaker 1: juicy money dilemma, which this week is all about discovering
- 1:31Speaker 1: your dream job is actually a bit of a toxic nightmare,
- 1:35Speaker 1: and we're going to unpack something you slid into our
- 1:36Speaker 1: DMS about which this week is all about figuring out
- 1:40Speaker 1: costs and suppliers when starting a business, which I think
- 1:44Speaker 1: today's guest will have some insight to share that oo
- 1:48Speaker 1: so mysterious.
- 1:49Speaker 4: We are super excited today to be joined by founder
- 1:52Speaker 4: of fashion brand Fate podcast in all round force of inspiration,
- 1:56Speaker 4: Britney Saunders.
- 1:58Speaker 1: Welcome.
- 1:59Speaker 3: Oh hey guys, I love that intro. You're making me
- 2:01Speaker 3: sound amazing.
- 2:03Speaker 2: You are.
- 2:06Speaker 1: I feel like there's gonna be a lot of people
- 2:08Speaker 1: so excited to hear this episode because you're super well
- 2:10Speaker 1: known now because you're a bit of a business mogul,
- 2:12Speaker 1: You've got so much going on, but also a lot
- 2:15Speaker 1: of people who maybe remember you from like way back
- 2:17Speaker 1: in the og beauty guru YouTube days.
- 2:20Speaker 3: It's just it's been a really interesting journey for me
- 2:25Speaker 3: to go from that like YouTube days back in the day,
- 2:28Speaker 3: like they were the glory days of the Internet, to
- 2:31Speaker 3: now I've just fully, you know, gone in this other direction.
- 2:34Speaker 3: And I remember for so many years I'd run into
- 2:38Speaker 3: people out and about and it'd be like, I love
- 2:40Speaker 3: your videos, I love your YouTube, And now it's just
- 2:43Speaker 3: super cool. It's people will be saying I love your
- 2:46Speaker 3: podcast or I love your business source. You know more
- 2:49Speaker 3: so what I'm doing now, which is super cool.
- 2:51Speaker 1: You're one of the few people that I feel like
- 2:54Speaker 1: really transitioned super cleanly from that space into another space
- 2:59Speaker 1: like spring board it off, and really like established yourself
- 3:02Speaker 1: as a super not official but like you run so
- 3:05Speaker 1: many businesses now you seem so successful. So I'm really
- 3:09Speaker 1: excited to hear more about that, and I'm sure everybody
- 3:11Speaker 1: else is too. But before you get started, has everybody's
- 3:14Speaker 1: week been do you want to go first for it?
- 3:16Speaker 5: Yeah? My week is.
- 3:17Speaker 3: I mean it's only tuesdays so far, so so far,
- 3:20Speaker 3: so good. I go to Sydney every single Monday. So
- 3:23Speaker 3: I'm based in Newcastle.
- 3:25Speaker 5: Yeah.
- 3:25Speaker 3: So I'm based in Newcastle, which is like two and
- 3:27Speaker 3: a bit hours from Sydney. So every Monday is my
- 3:30Speaker 3: podcast day in Sydney, so I go there and back
- 3:33Speaker 3: every Monday. So I did that yesterday and then this
- 3:35Speaker 3: morning we've done a bit of a photo shoot this
- 3:38Speaker 3: morning and then I've ducked out of the office to
- 3:39Speaker 3: come and do this podcast with you guys.
- 3:41Speaker 5: So so far the week is great.
- 3:43Speaker 1: Well, you did a lot. It's only like in the morning.
- 3:47Speaker 4: Oh my god, busy, busy girl. That is extremely impressive.
- 3:51Speaker 4: I could do half of those things in like a
- 3:54Speaker 4: whole month. That sounds awesome.
- 3:57Speaker 1: But jess what about you? How's you we been? It's
- 3:59Speaker 1: been good. Not a lot on obviously v D's away
- 4:02Speaker 1: missing dearly. Just I think enjoying the wintery weather that
- 4:07Speaker 1: we've had. The crazy vibes.
- 4:09Speaker 5: Yeah, I love that fashion.
- 4:10Speaker 3: I can winter fashion so much more than summer, Like totally.
- 4:14Speaker 3: I love summer weather because it makes me feel like
- 4:16Speaker 3: I want to go out more and do things, and
- 4:18Speaker 3: on the weekends I want to be out doing things.
- 4:20Speaker 3: But I kind of love this cooler weather and rugging
- 4:24Speaker 3: up and wearing like all my favorite clothes and they're
- 4:25Speaker 3: not feeling guilty if I am just staying home all
- 4:28Speaker 3: weekend doing absolutely nothing, Whereas when it's a beautiful day outside,
- 4:31Speaker 3: I'm like, I really should get out there.
- 4:33Speaker 5: But I love winter for that.
- 4:34Speaker 1: Yeah, like listening to the rain on the roof, the
- 4:37Speaker 1: leak in my roof has been fixed, by the way,
- 4:39Speaker 1: any at home, So now I'm back to enjoying the
- 4:42Speaker 1: cooler weather.
- 4:43Speaker 4: I think, no more anxiety, No, not at all. It's
- 4:45Speaker 4: just coziness, pure coziness. It's been really good, also enjoying
- 4:49Speaker 4: the weather. It's really like winter is the month of
- 4:52Speaker 4: guilt free rest. I think, not that you know, you
- 4:55Speaker 4: should never feel guilty for resting, but just like this
- 4:58Speaker 4: thing we do to ourselves, but winter is like time
- 5:00Speaker 4: for coziness, time for rest, time for just like wholesome wholesomeness.
- 5:04Speaker 4: Have always been really good, just been seeing friends, just
- 5:07Speaker 4: going out obviously, you know, with limited funds, been trying
- 5:10Speaker 4: to find ways to have fun without money, and it's
- 5:13Speaker 4: actually been an exciting challenge E set for myself.
- 5:15Speaker 1: So yeah, it's been really good week so far. Amazing.
- 5:18Speaker 4: Yeah, speaking of money challenges, Oh very nice?
- 5:23Speaker 1: Was that good? That was good? Who money wins all losses?
- 5:26Speaker 1: Do you have this week? I've got a good little
- 5:28Speaker 1: round up for you guys this week. I'm going to
- 5:30Speaker 1: start with one from Kim who said I achieved my
- 5:32Speaker 1: initial three thousand dollars emergency fund savings goal, which I'm
- 5:36Speaker 1: going to be topping up every fortnight with extra hundred bucks.
- 5:39Speaker 1: She had her first investment on Charesis. She had some
- 5:42Speaker 1: overtime work last Saturday and the money is going to
- 5:44Speaker 1: be added to her emergency fund and her investment. And
- 5:48Speaker 1: she said she's back doing an office job as a
- 5:49Speaker 1: part of hersal conment. And she said it's a win
- 5:52Speaker 1: because she can listen to the podcast while working from home. Cute.
- 5:55Speaker 1: I love that. Four wins. Well done, Kim. Next, I've
- 5:58Speaker 1: got a money win from Beck who said good name back,
- 6:01Speaker 1: absolute money win. We were gifted a bunch of cleaning
- 6:03Speaker 1: supplies when we bought our first house in December, which
- 6:06Speaker 1: was also a big win. It included a very luxe
- 6:09Speaker 1: centered fabric softener. Say that five times fast, and she
- 6:12Speaker 1: said at Coals it's fifteen bucks one point nine leaders,
- 6:15Speaker 1: but she happened to be at cost Co and got
- 6:16Speaker 1: five leaders for seventeen dollars. That's so good. One of
- 6:20Speaker 1: the few times that Costco is actually cheaper than everywhere else.
- 6:22Speaker 1: Cause I feel like it never is.
- 6:24Speaker 5: Norm you reckon, it's not you reckon, it's just the same.
- 6:28Speaker 1: You've got to do the unit. So a lot of
- 6:30Speaker 1: the time you're buying heaps, but it's not as much
- 6:33Speaker 1: depending on what the item is a lot of the times,
- 6:36Speaker 1: if you compare it to like your coals or Wooly
- 6:38Speaker 1: sale price, it's not necessarily as much.
- 6:41Speaker 3: Probably bade love costco though, like I love just going
- 6:44Speaker 3: there experience and going through every island just seeing all
- 6:48Speaker 3: the stuff that's there.
- 6:50Speaker 5: It's amazing.
- 6:50Speaker 1: It's so goodtally buying nothing, just looking.
- 6:54Speaker 5: Taking.
- 6:56Speaker 1: And trying all the samples one hundred percent. And the
- 6:58Speaker 1: pizza the pea through is so good. Next, I've got
- 7:01Speaker 1: a money win from Lauren, and she said she received
- 7:04Speaker 1: a notification that a unit next door to hers had
- 7:07Speaker 1: termites in their side fence. Sounds like money loss. They
- 7:10Speaker 1: organized for apest and termite inspection as she could see
- 7:14Speaker 1: parts of her fence were looking a little bit spicy.
- 7:16Speaker 1: Turns out the mowing guys were going too hard on
- 7:19Speaker 1: the whipper snipping no termites, and the company didn't charge
- 7:22Speaker 1: her for the inspection. Oh great, So sometimes the worst
- 7:26Speaker 1: case scenario is in fact the best case scenario. True
- 7:28Speaker 1: love that for you, Lauren. And then lastly I have
- 7:31Speaker 1: a money win from Millie who said I used my
- 7:34Speaker 1: wrong debit card when I tried to pay for parking
- 7:36Speaker 1: at work, and it declined and I got so embarrassed
- 7:38Speaker 1: and let the person behind me go first. Happens to
- 7:41Speaker 1: me literally all the time, she said. Once they'd finished,
- 7:43Speaker 1: she went to pay for her parking and it had
- 7:45Speaker 1: already been paid. She wasn't looking, so she's not sure
- 7:48Speaker 1: if the people in front of her paid for her
- 7:50Speaker 1: or if it was just a glitch, but the universe
- 7:52Speaker 1: aligned and she was feeling super blessed. Wow, that is
- 7:55Speaker 1: really wholesome.
- 7:56Speaker 4: I can imagine that the person in front was like, oh,
- 7:58Speaker 4: it declined, I'll pay for you.
- 8:00Speaker 1: That is so sweet. Has that ever happened to either
- 8:02Speaker 1: of you, guys, where someone's like paid for something like
- 8:04Speaker 1: in front of you or like for you.
- 8:06Speaker 3: No, not for me, but I feel like I should
- 8:08Speaker 3: do it for someone, like I always see that on
- 8:10Speaker 3: TikTok and stuff, like people paying for the car in
- 8:12Speaker 3: front of them. Yeah, I think, or like paying it
- 8:14Speaker 3: forward with coffees as well, like I.
- 8:15Speaker 5: Know a lot of people do that. Yeah.
- 8:17Speaker 1: Yeah, it's such a fun idea. I've never done it
- 8:20Speaker 1: because I've never been in a position where it felt
- 8:22Speaker 1: like it made sense to me to do it. But
- 8:24Speaker 1: I go it seems like such a fun idea. I
- 8:26Speaker 1: need to figure out how to pay it forward. It
- 8:28Speaker 1: would be so cute.
- 8:28Speaker 4: I think that, Like the only time I've kind of
- 8:30Speaker 4: had that is when you know someone is leaving a
- 8:32Speaker 4: car park and the like, do you want to use
- 8:33Speaker 4: the rest of my ticket?
- 8:34Speaker 2: You know?
- 8:34Speaker 1: Yeah, Oh that's kind of cute. That is iconically Australian. Yeah, totally.
- 8:39Speaker 3: I think I saw another video the other day too
- 8:41Speaker 3: of someone topping up someone's needed parking in their car
- 8:45Speaker 3: or something, so they saw that it was about to
- 8:47Speaker 3: run out or whenever they put a fresh one for
- 8:49Speaker 3: them in there like paid it again.
- 8:51Speaker 1: Yeah, it's sweet in literally, it's just like it makes
- 8:53Speaker 1: you feel good, does it?
- 8:54Speaker 6: Yeah?
- 8:55Speaker 1: Now, Britt, we did only ask our guests if they
- 8:57Speaker 1: have a money in or have money loss that they
- 8:59Speaker 1: would like to share, to bring one to the table.
- 9:01Speaker 1: If you happen to have one with you, Yes, I
- 9:03Speaker 1: actually have.
- 9:04Speaker 3: I've got two money losses that also related to business.
- 9:08Speaker 3: One's about turning lemons into lemonade, and then the other
- 9:12Speaker 3: one is just a bit of a general lesson in
- 9:15Speaker 3: business in general. So a big money loss for us
- 9:19Speaker 3: that we experienced in our business, but then we turned
- 9:22Speaker 3: it into something positive.
- 9:23Speaker 5: And I think that's something important.
- 9:24Speaker 3: To remember, is you can, you know, take a really
- 9:27Speaker 3: negative situation and turn it into something great. Was last year,
- 9:31Speaker 3: we had manufactured these beautiful corset tops and they were
- 9:35Speaker 3: kind of like silky and finished with boning in them.
- 9:37Speaker 3: And it was our first time ever making corsets. And
- 9:41Speaker 3: they're obviously really tricky compared to like a usual top
- 9:44Speaker 3: or whatever that's really stretchy because I've got a lot
- 9:46Speaker 3: of structure in them. But when our bolk stock arrived
- 9:49Speaker 3: and we've made these corsets in like four different colors,
- 9:51Speaker 3: the straps were just a little bit too long, and
- 9:55Speaker 3: because they were like made of this silk fabric with
- 9:58Speaker 3: no adjustable straps, it was kind of like they're gonna
- 10:00Speaker 3: fit some people and they're not going to fit others. Yeah,
- 10:03Speaker 3: And so it was this whole dilemma of like, we
- 10:05Speaker 3: can't sell these because when we shot them on the models,
- 10:07Speaker 3: like it was not fitting them, right.
- 10:09Speaker 1: What are we going to do?
- 10:09Speaker 5: Like this is a massive.
- 10:10Speaker 3: Loss for us, Like we've got these four corsets, the
- 10:13Speaker 3: bulk stock is here, what are we going to do?
- 10:16Speaker 3: And I was speaking with my partner Aj and then
- 10:18Speaker 3: we just come up with this idea, why don't we
- 10:20Speaker 3: just because we don't want them to go to waste obviously,
- 10:22Speaker 3: but I didn't want to sell them because with us,
- 10:25Speaker 3: like I don't want to sell anything that.
- 10:26Speaker 5: Isn't like amazing quality.
- 10:28Speaker 3: Yeah, so then we said, like, why don't we We're
- 10:29Speaker 3: obviously not just going to throw these tops out that
- 10:31Speaker 3: is completely wasteful. What if we just give them away
- 10:35Speaker 3: in people's orders just as like a gift and then
- 10:38Speaker 3: we just cop the loss, you know, of the manufacturing
- 10:41Speaker 3: we're not selling them. So then we're like, all right,
- 10:43Speaker 3: let's do that, and we'll just put them in people's
- 10:45Speaker 3: orders that have ordered a top so that we like
- 10:48Speaker 3: have an idea roughly of their size.
- 10:49Speaker 5: And then so we got these little cards.
- 10:51Speaker 3: And we got like a bunch of them printed out
- 10:54Speaker 3: for the same amount of tops that we had, and
- 10:55Speaker 3: then we'd pop them in every order saying like, hey,
- 10:58Speaker 3: this is a little gift from us to you, like
- 11:00Speaker 3: it may not fit or it might fit someone that
- 11:02Speaker 3: you know, And we kind of tried to make it
- 11:04Speaker 3: this whole like maybe you can give this top a
- 11:07Speaker 3: life in some way if people were handy, like they
- 11:09Speaker 3: could probably shorten the shoulder strap. So that was like
- 11:12Speaker 3: our little activation I guess that we made. We also
- 11:15Speaker 3: made a video about it and chucked it up on
- 11:17Speaker 3: Instagram and TikTok, and I kind of was just like
- 11:20Speaker 3: laughing about the mistake that we'd made and just said, oh,
- 11:23Speaker 3: we've made all these corsets and this hasn't worked out,
- 11:25Speaker 3: but we're going to be throwing them in people's orders
- 11:27Speaker 3: just to kind of teach a lesson of you know,
- 11:29Speaker 3: turning those lemons into lemonade. And then it ended up
- 11:32Speaker 3: being kind of a win for us because that video
- 11:36Speaker 3: then absolutely blew up on socials and then we ended
- 11:40Speaker 3: up getting like so manys because then all of a
- 11:42Speaker 3: sudden people were like, I want one of these toph
- 11:45Speaker 3: and so it all kind of worked out at the end.
- 11:47Speaker 3: We had like so many people placing in orders just
- 11:49Speaker 3: in hopes to get the corsets, even though that wasn't
- 11:52Speaker 3: like the objective at all, and it turned out to
- 11:54Speaker 3: be this really positive thing even though we'd obviously lost
- 11:57Speaker 3: the money on the tops. It kind of made this
- 12:00Speaker 3: really nice vibe within our community and people were getting free.
- 12:03Speaker 5: Tops, and yeah, kind of worked out well in the end.
- 12:06Speaker 1: Yeah, I love that and then I.
- 12:08Speaker 3: Did have another one that comes to mind, which is
- 12:10Speaker 3: more of a loss that business owners will experience, and
- 12:14Speaker 3: it's probably not something that people think of much, but
- 12:18Speaker 3: it's very real and relevant to me and to any
- 12:21Speaker 3: other business owners out there. A huge loss that a
- 12:24Speaker 3: lot of business owners will experience is hiring the wrong
- 12:28Speaker 3: person for the job.
- 12:29Speaker 1: Oh tell us right.
- 12:35Speaker 3: So it's is something that I've experienced time and time again.
- 12:37Speaker 3: It's something that all business owners will experience, and it's
- 12:41Speaker 3: not something that you ever really think about. And this
- 12:44Speaker 3: is what I speak about a lot on my new
- 12:46Speaker 3: business podcast, Big Business Shout Out to my own podcast.
- 12:51Speaker 3: It's brand new, but it's just one of those things
- 12:53Speaker 3: that I never thought about when I started Fate. But
- 12:58Speaker 3: hiring the wrong person for the job can be a
- 13:01Speaker 3: huge loss for a business financially, and I guess I
- 13:05Speaker 3: just really want to stress the importance of spending your
- 13:08Speaker 3: time finding that right person.
- 13:10Speaker 5: And it can be really tricky because.
- 13:13Speaker 3: The reason why it can be a loss for a
- 13:14Speaker 3: business is you spend so long doing your hiring process
- 13:18Speaker 3: for that particular role. You've got everyone in your team
- 13:21Speaker 3: hiring them, interviewing, going through resumes, calling references, doing all
- 13:25Speaker 3: these rounds of interviews. You then get this employee on
- 13:29Speaker 3: their contracts and everything like that. Like all this takes time, effort, money.
- 13:33Speaker 3: You're paying everyone to do these things. Then you have
- 13:35Speaker 3: this new person come into your business, and then you're
- 13:38Speaker 3: spending all your time and energy.
- 13:40Speaker 5: Training them for getting them into the team.
- 13:42Speaker 3: And then if for some reason, for whatever reason, there
- 13:45Speaker 3: can be a billion reasons, it doesn't work out or
- 13:47Speaker 3: that person isn't the right fit for.
- 13:49Speaker 5: The role, then you're back at square one.
- 13:52Speaker 3: So it's really important for anyone out there in business,
- 13:55Speaker 3: especially if you're new to business or if you're a
- 13:58Speaker 3: startup and you're hiring that first employee, which feels like
- 14:02Speaker 3: yesterday to me, and people always ask me, how do
- 14:05Speaker 3: I know when to hire that first employee?
- 14:07Speaker 5: And I'm scared and I don't know how to trust people.
- 14:09Speaker 3: My advice so that would be take your time, hire slowly,
- 14:15Speaker 3: and make sure that you're hiring that right person, because
- 14:18Speaker 3: it does cost a lot of money to bring someone
- 14:19Speaker 3: on board, and you want to make sure that that's
- 14:21Speaker 3: that right person because you don't want to be back
- 14:23Speaker 3: at square one and have to do it all over again.
- 14:26Speaker 1: Hundred percent. We talked about that a lot from like
- 14:28Speaker 1: an employee perspective on the show and how if you're
- 14:31Speaker 1: like in a workplace and something's not right, like working
- 14:34Speaker 1: with your employer where you can to you know, upskill
- 14:37Speaker 1: or change or sidestep or whatever, because from you know,
- 14:40Speaker 1: for a business, it makes so much more sense for
- 14:42Speaker 1: them to try and find a way for you to
- 14:44Speaker 1: still continue to fit within the workplace rather than just
- 14:47Speaker 1: having you know, leaving and going somewhere else be your
- 14:49Speaker 1: first option because it is such a big cost to
- 14:52Speaker 1: businesses that you know, on both sides, that makes sense
- 14:54Speaker 1: for people to try and make it work.
- 14:56Speaker 3: You always want to try, in my experience, to promote
- 14:59Speaker 3: people with in your team rather than constantly just bringing
- 15:02Speaker 3: in new people.
- 15:03Speaker 5: For sure.
- 15:04Speaker 3: One of the most interesting parts of that from a
- 15:07Speaker 3: business owner's perspective as well is trying to scale your
- 15:11Speaker 3: company at a sustainable rate that your staff can also
- 15:16Speaker 3: continue to grow with you. Yeah, especially for a smaller startup,
- 15:19Speaker 3: I find but like small startups, they're going to struggle
- 15:23Speaker 3: maybe with their employees not being able to grow as
- 15:26Speaker 3: much as they want to because that owner is in
- 15:29Speaker 3: those startup days. I think back to years ago, you know,
- 15:32Speaker 3: we had our store manager at the time, Grace working
- 15:36Speaker 3: in our store when we just had our one retail
- 15:38Speaker 3: store here in Newcastle, and she was just working like
- 15:41Speaker 3: casually but like quite a lot of hours. But she
- 15:43Speaker 3: would always say to me, like, I really want to grow.
- 15:46Speaker 3: I really want like a full time role. Like I
- 15:47Speaker 3: don't know what it is, I don't care what it is,
- 15:49Speaker 3: but I just really want a full time role.
- 15:51Speaker 5: And I remember saying her, leave that thought with me,
- 15:53Speaker 5: and I'm going to make it happen for you kind
- 15:55Speaker 5: of thing.
- 15:55Speaker 3: And then it's like, you're trying to grow your company
- 15:57Speaker 3: so your staff can grow, and you have this fear
- 16:00Speaker 3: of them going elsewhere because maybe your company isn't big
- 16:03Speaker 3: enough for them yet.
- 16:04Speaker 5: Yeah, but now she's our national retail manager, so she's.
- 16:07Speaker 1: All good and great. Yeah, how many stores do you have? Now?
- 16:11Speaker 5: We have four and we're about to open the fifth.
- 16:14Speaker 1: That's amazing. I love that you amazing. No, Like you
- 16:17Speaker 1: know the names of everybody too, Like that's just really nice.
- 16:20Speaker 1: I mean, it's a business that you know everyone because
- 16:22Speaker 1: you'd have so many people, I guess employee with running
- 16:25Speaker 1: all those stores and running all your other businesses. It's
- 16:27Speaker 1: just lovely that you remember, But we'll come back in
- 16:30Speaker 1: the second half of the show because we have a
- 16:31Speaker 1: little bit more talk about employee employee eerth stuff. But Beck,
- 16:35Speaker 1: do you have any super fun broke tips for us
- 16:37Speaker 1: this week? I most certainly do.
- 16:39Speaker 4: Now usually I share two from the community, but I'm
- 16:41Speaker 4: going to reserve one for you, Britt if you happen
- 16:43Speaker 4: to have a broke tip at the end of this.
- 16:45Speaker 4: So first one from the community is from Catherine, who
- 16:48Speaker 4: says the plant Jammer app or similar gives you recipe
- 16:52Speaker 4: ideas based on what you already have in the fridge
- 16:55Speaker 4: or pantry, which I think is really cool because we
- 16:57Speaker 4: have mentioned that before, like little you know, different websites
- 16:59Speaker 4: and things like that. But the plant Jamer app, which
- 17:02Speaker 4: I have not heard of before, I think that would
- 17:03Speaker 4: be very convenient. So just download that, chuck whatever you
- 17:06Speaker 4: have in your pantry or fridge already, and it'll come
- 17:09Speaker 4: up with a recipe for you. You don't have to
- 17:10Speaker 4: spend any money, and I feel like we always feel
- 17:12Speaker 4: like we do. If we have like bread and maybe
- 17:15Speaker 4: a tin of dice tomatoes, you can probably make a
- 17:17Speaker 4: whole meal.
- 17:18Speaker 1: Out of that. You know, it's a brisk getter.
- 17:23Speaker 4: So I think that's a really cool thing and also
- 17:25Speaker 4: just like a friendly reminder that that's also an option,
- 17:28Speaker 4: so do that before you go to the shops. And
- 17:31Speaker 4: then my broke tip for this week is it's kind
- 17:34Speaker 4: of like common knowledge. It's a little bit common sensical,
- 17:37Speaker 4: but I also still feel like it's a bit of
- 17:40Speaker 4: a good reminder, as everyone knows, because I won't shut
- 17:43Speaker 4: up about it.
- 17:43Speaker 1: I don't really have money at the moment in.
- 17:45Speaker 4: Between jobs, and I have used this week as like
- 17:50Speaker 4: a little challenged myself to have fun without spending much money.
- 17:53Speaker 4: So as I mentioned before, I go to pubs that
- 17:56Speaker 4: have free soda, water things like that. But just the
- 17:58Speaker 4: other day, I think I I spent in total three
- 18:01Speaker 4: dollars and I fed myself and I brought my girlfriend
- 18:04Speaker 4: a little gift.
- 18:05Speaker 1: And you know how I did that.
- 18:06Speaker 4: I made It's going to sound disgusting, but it was
- 18:09Speaker 4: really nice. I made a little thing of rice, which
- 18:13Speaker 4: you know, it depends where you go, but you can, like,
- 18:15Speaker 4: if you're being really lazy, you can get like a
- 18:17Speaker 4: dollar twenty five sachets. We just microwave it and that's plenty.
- 18:22Speaker 4: And then I bought a ninety cent can of sardines
- 18:26Speaker 4: and that was my meal. That's all I needed. That's
- 18:29Speaker 4: actually less than three dollars. And I had like some
- 18:30Speaker 4: bread and stuff. I am cheating because I had bread
- 18:32Speaker 4: already in the house and so but that was like
- 18:34Speaker 4: my that was my dinner. And I was like, this
- 18:35Speaker 4: is plenty for me, and that was great and it
- 18:38Speaker 4: was like it kind of felt healthy. All I did
- 18:40Speaker 4: was I like walked around the neighborhood and picked flowers
- 18:43Speaker 4: and made like a mini bouquet and potted it in
- 18:46Speaker 4: a pre existing mason jar. And that was a gift
- 18:49Speaker 4: for my girlfriend. So I spent in total, less than
- 18:51Speaker 4: three dollars. I managed to feed myself all day, and
- 18:54Speaker 4: I managed to bring a cute little gift for my
- 18:56Speaker 4: girlfriend to her house. And I just think that's like God,
- 19:00Speaker 4: that's such a win win, you know what I mean. Yeah,
- 19:02Speaker 4: So just remember that there are treats around you. Even
- 19:06Speaker 4: if you make a little bouquet of rosemary from your
- 19:08Speaker 4: communal garden, like, there are ways to kind of go,
- 19:11Speaker 4: you know, make someone's day, make your own day without
- 19:15Speaker 4: having to spend much money or any money.
- 19:17Speaker 1: And I know it's a very privileged position.
- 19:18Speaker 4: I don't have kids, I don't have, like, you know,
- 19:20Speaker 4: anything other than myself to really take care of. So
- 19:23Speaker 4: that's really only relevant if you are like that. So
- 19:27Speaker 4: that's my brogue tip for this week. Find joy in
- 19:30Speaker 4: a little thing so wholesome, and.
- 19:33Speaker 1: It's those little like thoughtful gifts. They mean so much
- 19:36Speaker 1: more I think than oh, like I felt like I
- 19:38Speaker 1: just bought you this expensive thing, Like, yeah, totally took
- 19:40Speaker 1: the time, you took the larva, you picked things that
- 19:42Speaker 1: you thought she would like. Like, I think those things
- 19:44Speaker 1: are so much more meaningful in a relationship than just oh,
- 19:48Speaker 1: I just bought you something because totally you know what
- 19:50Speaker 1: I mean, I could, Yeah, I totally agree with that. Okay,
- 19:53Speaker 1: do you happen to have a broke tip for us?
- 19:56Speaker 3: I have a savings tip that I used when I
- 20:00Speaker 3: started to want to save money. But I'm like, maybe
- 20:03Speaker 3: this is something that everyone already does. I don't know,
- 20:05Speaker 3: I could be just saying something here that everyone already does.
- 20:08Speaker 5: But so I dropped out of school when I.
- 20:11Speaker 3: Was sixteen, and I didn't even get to experience driving
- 20:15Speaker 3: to school because I didn't get my pees in time,
- 20:17Speaker 3: Like everyone got to drive to school, Like I fully
- 20:20Speaker 3: missed that. I was talking about that with my friend yesterday,
- 20:23Speaker 3: I'm like, I didn't even get to do the whole
- 20:24Speaker 3: like driving myself to school thing. And then so when
- 20:26Speaker 3: I dropped out of school. The reason I dropped out
- 20:28Speaker 3: of school was because all I wanted to do is work.
- 20:30Speaker 3: I wasn't interested in any of the subjects I was
- 20:33Speaker 3: doing at school. I wasn't interested in going to UNI
- 20:35Speaker 3: or anything. I didn't know what I wanted to do.
- 20:37Speaker 3: All I wanted to do was work and earn money.
- 20:39Speaker 3: So I ended up working like in over twenty jobs.
- 20:42Speaker 3: And I was basically on a mission to just try
- 20:44Speaker 3: and find something that I enjoyed doing. And as soon
- 20:47Speaker 3: as I knew that I wasn't enjoying a job, and
- 20:48Speaker 3: I'm talking, I did like waitressing, bar work, retail. I
- 20:52Speaker 3: worked at a school camp, doing sports, instructing.
- 20:54Speaker 5: Far working sales. I did absolutely everything.
- 20:57Speaker 3: I was just trying anything and everything, and I would
- 21:00Speaker 3: sometimes it was really bad, Like I would get a
- 21:02Speaker 3: job for three weeks and if I hated it, I'd
- 21:04Speaker 3: just go get another one because I was like, I
- 21:05Speaker 3: don't like that. Would I advise people to do that?
- 21:08Speaker 5: Maybe not?
- 21:09Speaker 3: But also like I'm all for trying to find that
- 21:11Speaker 3: thing that brings you happiness, you know, even though that
- 21:14Speaker 3: means you are job hopping.
- 21:15Speaker 5: But during all those years I had no money.
- 21:18Speaker 3: I remember constantly looking at my bank account and it
- 21:21Speaker 3: would be in like negative one dollar twenty five, like
- 21:23Speaker 3: just always sitting around there. And throughout my late teens
- 21:27Speaker 3: and into my early twenties, I really did struggle to
- 21:29Speaker 3: save I never had any kind of guidance from family
- 21:33Speaker 3: or anything to save money like that was never taught
- 21:36Speaker 3: to us when we were kids, and I moved out
- 21:38Speaker 3: of home when I was seventeen as well, so I
- 21:41Speaker 3: never really had anyone around and to be like, you
- 21:43Speaker 3: should save money, and you know, so it wasn't until
- 21:46Speaker 3: I got into my youtubing days and when I quit
- 21:50Speaker 3: my full time job when I was twenty one to
- 21:52Speaker 3: try and be come this youtubeer like that was my
- 21:54Speaker 3: thing that I found that I really wanted to do that.
- 21:57Speaker 5: I thought, I'm going to try.
- 21:59Speaker 3: And save money, which I had never ever done before,
- 22:02Speaker 3: never had more than a couple of hundred dollars in
- 22:04Speaker 3: the bank at any given point. And so the way
- 22:07Speaker 3: that I did it back then when I was not
- 22:09Speaker 3: working anymore and trying to make this YouTube thing work.
- 22:12Speaker 3: And this was like ten years ago now, so this
- 22:15Speaker 3: is when YouTube was so new. I was earning a
- 22:17Speaker 3: bit of money here and there, like just enough to
- 22:19Speaker 3: get by and pay my rent in my sharehouse and
- 22:22Speaker 3: sixty bucks on petrol.
- 22:24Speaker 5: But what I did was, and it's so basic.
- 22:26Speaker 3: Everyone probably does this, but you know, I started to
- 22:29Speaker 3: get focused on a certain number that I always wanted
- 22:32Speaker 3: to have in my bank account.
- 22:33Speaker 5: And I remember starting with one thousand dollars.
- 22:36Speaker 3: So I would build my bank account up until I
- 22:38Speaker 3: had one thousand dollars in there, and then I would
- 22:40Speaker 3: get really fixated on always trying to make sure that
- 22:44Speaker 3: I had one thousand dollars in that savings account. Mind you,
- 22:47Speaker 3: then like car Regio would come and then it would
- 22:49Speaker 3: go back down again. But I found that having that
- 22:54Speaker 3: number was really motivating. And I just remember starting with that,
- 22:58Speaker 3: I always want to have a thousand dollar, like I
- 23:00Speaker 3: always want to have a thousand dollars. And then once
- 23:02Speaker 3: I got to that, and then I could grow my
- 23:04Speaker 3: account a little bit more beyond that, then I thought
- 23:07Speaker 3: I would change that number and I'd go, I want
- 23:10Speaker 3: it to be two thousand dollars that I always have,
- 23:12Speaker 3: and I think it's really good to kind of. It
- 23:15Speaker 3: was good for me anyway, who had never done any
- 23:17Speaker 3: type of saving before, just to like find a number
- 23:19Speaker 3: that was achievable for me and stick to it. And
- 23:22Speaker 3: then once I was comfortable with that, then I would
- 23:24Speaker 3: up it and go, well, now I want to try
- 23:26Speaker 3: and save five thousand dollars. Yeah, and that was a
- 23:28Speaker 3: way that I started saving in my early twenties.
- 23:31Speaker 1: Make that competitive nature work for you, girl.
- 23:34Speaker 3: Yeah, And I don't know what it is, like you've
- 23:36Speaker 3: become a bit obsessive with the number and it's like, nope,
- 23:38Speaker 3: I can't I can't buy that thing that I really
- 23:40Speaker 3: want because I've got my two thousand dollars in savings
- 23:43Speaker 3: and like I never wanted it to go below that.
- 23:45Speaker 1: Yeah.
- 23:45Speaker 3: And I know it's not realistic like if something comes
- 23:48Speaker 3: up or an emergency happens or breadgo or anything like that,
- 23:51Speaker 3: but that was the start of saving for me.
- 23:55Speaker 1: And it filts a good habit for you for sure.
- 23:57Speaker 4: Yes, I really like that, and I think I actually
- 24:00Speaker 4: might start doing that.
- 24:01Speaker 1: That's definitely not well.
- 24:02Speaker 3: Just have a number, like even if you're just starting
- 24:03Speaker 3: with like five hundred bucks or like mine was a thousand,
- 24:06Speaker 3: and I don't know. I just became really hyper fixated
- 24:09Speaker 3: on always ensuring that I had that.
- 24:11Speaker 5: Yeah, and then I continued to grow it from there.
- 24:13Speaker 1: I yeah, that's a little really really cool.
- 24:15Speaker 3: When I had no money, that's how I started saving
- 24:17Speaker 3: and it worked for me. So I always say that
- 24:19Speaker 3: to people if they're wanting to save.
- 24:21Speaker 1: Yeah, okay, that's don't feeling right now. Yeah, that's an
- 24:24Speaker 1: awesome Absolutely, let's go to a really quick break and
- 24:27Speaker 1: when we come back, we're going to talk all about
- 24:29Speaker 1: getting a job that turns out the grass is maybe
- 24:31Speaker 1: not greener, and also how you can figure out costs
- 24:34Speaker 1: and suppliers and all those really fun but overwhelming kind
- 24:38Speaker 1: of things if you're thinking about starting a business. So
- 24:40Speaker 1: don't go anywhere, guys. Welcome back everyone. Here's our money dilemma.
- 24:49Speaker 7: Hi, there, have you got a money dilemma you just
- 24:51Speaker 7: can't solve? The Sheese on the Money team is here
- 24:54Speaker 7: to help. Every week, we tackle your dilemmas, both big
- 24:57Speaker 7: and small, to answer your most burning money, career and
- 25:00Speaker 7: life questions. To get involved, simply head to our website
- 25:03Speaker 7: and leave us a short voice recording and you might
- 25:05Speaker 7: just find yourself on the show. Now let's take a
- 25:08Speaker 7: listen to this week's money dilemma.
- 25:11Speaker 6: Hi, Gils, I'm currently very unhappy at my job. This
- 25:14Speaker 6: is really getting me down because I was certain it
- 25:16Speaker 6: was my dream job. I'm not going to say who
- 25:19Speaker 6: they are, as they're big on socials, but they are
- 25:22Speaker 6: a business that makes great social content and I adored
- 25:25Speaker 6: and followed them for ages because they really resonated with
- 25:29Speaker 6: my values. Basically undepressed and deflated. Because the workplace is toxic,
- 25:35Speaker 6: I know I should leave, but I am finding it
- 25:37Speaker 6: hard now looking at other companies who seem more boring
- 25:40Speaker 6: on socials to even know how to trust myself all
- 25:43Speaker 6: my instincts. I guess I'm just in need of a
- 25:46Speaker 6: pep talk or some advice.
- 25:48Speaker 1: Baby girl. I feel like everybody has had that experience
- 25:51Speaker 1: where they've taken a job and they've thought it was
- 25:53Speaker 1: going to be one particular thing, and you've been there
- 25:56Speaker 1: for a little while and the shine's worn off and
- 25:57Speaker 1: you've gone, oh my god, what have I done?
- 26:00Speaker 2: Yeah?
- 26:00Speaker 4: Totally, and you do kind of feel like, am I
- 26:03Speaker 4: going to regret this in the future? Like will it
- 26:05Speaker 4: get better? I don't really have any solid advice here.
- 26:07Speaker 4: I'm thinking in any kind of situation where you think
- 26:10Speaker 4: it's going to be one thing and it's kind of
- 26:11Speaker 4: not and you don't really trust yourself enough to know
- 26:13Speaker 4: that it's not for you, and so you kind of
- 26:16Speaker 4: stick around. But I guess ask yourself, like what are
- 26:19Speaker 4: you waiting for, Like what does the ideal perfect utopia
- 26:24Speaker 4: world look like for you, and then figure out if
- 26:27Speaker 4: it's actually possible. If not, I think you just got
- 26:30Speaker 4: to trust your guard. But again, like I'm not really
- 26:32Speaker 4: I feel like you'd probably have a lot more.
- 26:36Speaker 3: This is a great question, and I think this plays
- 26:39Speaker 3: into the more tricky part of this modern day world
- 26:43Speaker 3: that we are living in where businesses are on social media,
- 26:47Speaker 3: whereas you know, ten or so years ago, like we
- 26:50Speaker 3: didn't see businesses on TikTok and Instagram and the behind
- 26:53Speaker 3: the scenes of their ass So I can completely understand
- 26:56Speaker 3: it from both the employee side and then all so
- 27:00Speaker 3: from my side being that a business that also is
- 27:03Speaker 3: on social media. And this is something that I've spoken
- 27:05Speaker 3: about in depth on my podcast, but I'll absolutely talk
- 27:09Speaker 3: about it again because I love talking about this. I
- 27:11Speaker 3: think as amazing as it is for businesses to have
- 27:16Speaker 3: these platforms to show their workplace online, just like we
- 27:20Speaker 3: do it fate. We show our warehouse, we show our office,
- 27:22Speaker 3: We're doing dances, we're having fun, we're doing music videos.
- 27:26Speaker 3: Like it looks like the most amazing place ever to work,
- 27:29Speaker 3: and in my eyes, it absolutely is. But one thing
- 27:32Speaker 3: that I always say to people is you've got to
- 27:34Speaker 3: remember that social media is a highlight reel. It is
- 27:37Speaker 3: one hundred and ten percent fabricated, put together.
- 27:41Speaker 5: It is all for show.
- 27:43Speaker 3: When we're creating our content on social media, it's to
- 27:46Speaker 3: entertain people, it's to make people like us. Like so
- 27:50Speaker 3: of course we're going to make our workplace look like
- 27:52Speaker 3: this fun and amazing place.
- 27:54Speaker 5: And it absolutely is.
- 27:55Speaker 3: But I think one of the hard things from the
- 27:57Speaker 3: employees point of view is that's all they ever seen
- 28:00Speaker 3: of a company like that fun content on social media,
- 28:04Speaker 3: and I think it just makes the lines blurred because
- 28:07Speaker 3: at the end of the day, yes, these workplaces are
- 28:10Speaker 3: super fun and they have a great social media presence,
- 28:13Speaker 3: but they're a workplace.
- 28:15Speaker 1: For sure, and you still have boring work to do.
- 28:20Speaker 3: And us, this is what I say on my podcast,
- 28:22Speaker 3: is like those fun videos that we put out every
- 28:25Speaker 3: single day, because that's what we do on social media
- 28:28Speaker 3: is a slither of our actual work day. Like the
- 28:31Speaker 3: fun happens for five minutes while we're filming those videos,
- 28:34Speaker 3: but then we go to our desks and our heads
- 28:36Speaker 3: are down and we're working. And that's a really tricky
- 28:41Speaker 3: thing in this modern day social media world. And that's
- 28:44Speaker 3: one thing that scares me as well when we are
- 28:47Speaker 3: growing and we're hiring so many new people, is we've
- 28:51Speaker 3: had people say in interviews and I love it, but
- 28:54Speaker 3: they're like, it just looks so fun on social media,
- 28:57Speaker 3: and I just really want to get in there and
- 28:59Speaker 3: get amongst it. And I absolutely love that, and we're like,
- 29:01Speaker 3: we love that you love us, but we also want
- 29:04Speaker 3: to let you know, like that is not what it
- 29:06Speaker 3: looks like.
- 29:07Speaker 5: All day, every day.
- 29:09Speaker 3: And so to the person asking this question, like, I
- 29:12Speaker 3: really loved what you said, what is the ideal? Like,
- 29:16Speaker 3: what is it that you're looking for? I think that's
- 29:18Speaker 3: a really important question to ask yourself. What is it
- 29:21Speaker 3: that you're looking for in a job? Maybe write those
- 29:23Speaker 3: things down. What is it that you're looking for in
- 29:25Speaker 3: a workplace? What do you want to be doing in
- 29:26Speaker 3: your role? And they also mentioned that the workplace is toxic.
- 29:31Speaker 3: Another thing i'd say to that is, don't be afraid
- 29:33Speaker 3: to speak to people who are your managers or the
- 29:36Speaker 3: owner of the company, whoever you do have there to
- 29:38Speaker 3: speak to. We are all about open communication in our workplace,
- 29:42Speaker 3: and if anyone ever felt that way about us, like,
- 29:46Speaker 3: I'd want to be the first person to know about
- 29:48Speaker 3: it kind of thing. I feel like a lot of
- 29:49Speaker 3: employees feel like they don't have a voice in a workplace.
- 29:53Speaker 3: And again I can only speak from my own experience
- 29:56Speaker 3: in business, but with us, like, if someone felt a
- 29:59Speaker 3: certain way about our workplace or was having troubles with anyone,
- 30:02Speaker 3: I would want that employee to know that their voice
- 30:04Speaker 3: will absolutely be heard. So yeah, maybe my advice is obviously,
- 30:09Speaker 3: you know, follow your gut instinct one hundred percent, but
- 30:12Speaker 3: also maybe talk to someone within that workplace and express
- 30:15Speaker 3: your concerns, like is there potential for you in this
- 30:18Speaker 3: company or you know, are you more so leaning towards
- 30:22Speaker 3: I'd just done with this workplace.
- 30:23Speaker 5: This is not the place for me.
- 30:24Speaker 3: Yeah, and then maybe start exploring those other options.
- 30:27Speaker 1: Yeah, and it's okay to pull the plug, Like, if
- 30:29Speaker 1: you are somewhere and it is a toxic I think workplace,
- 30:33Speaker 1: it takes a toll on you so significantly in it.
- 30:35Speaker 1: I think that can really bleed into other areas of
- 30:38Speaker 1: your life, and no job is necessarily worth the anguish
- 30:41Speaker 1: that something can put you through if it is a
- 30:43Speaker 1: really toxic environment. I was watching a really interesting TikTok
- 30:46Speaker 1: from I don't know if you guys know Maggie's out.
- 30:48Speaker 5: I love her.
- 30:48Speaker 1: She works a lot in the sustainable fashion space, and
- 30:51Speaker 1: she was talking about how social media has like fundamentally
- 30:55Speaker 1: changed the way that we as humans interact with the
- 30:58Speaker 1: world around us. And I think that that's really relevant
- 31:01Speaker 1: to this person because you know, you're talking about how
- 31:06Speaker 1: you see other workplaces online and they don't seem as
- 31:09Speaker 1: fun as your current work on social media. And I
- 31:12Speaker 1: completely agree with you, Britt. I think like social media
- 31:15Speaker 1: is fake at the end of the day. It is
- 31:17Speaker 1: curated by the person behind it.
- 31:19Speaker 3: Yes, I will admit that a million times over, Like, yes,
- 31:22Speaker 3: it's us and it's real and it's me in my content,
- 31:25Speaker 3: but also like we've set up that phone on that
- 31:27Speaker 3: tripod and we are going out of our way to
- 31:29Speaker 3: make it so it is fake in that kind of sense.
- 31:31Speaker 1: Yeah, I think like, no matter how good a place is,
- 31:34Speaker 1: you're still putting out a polished thing, Like it's not
- 31:37Speaker 1: a live stream moment that's captioned. Even if it is
- 31:40Speaker 1: live stream, someone set it up and probably said, all right, guys,
- 31:42Speaker 1: we're getting on the live street.
- 31:43Speaker 3: Yeah, if we did a live stream of our work dail,
- 31:46Speaker 3: it would be boring.
- 31:47Speaker 1: Yeah, because it's just working.
- 31:48Speaker 3: Actually, like, oh, this actually looks really boring because the
- 31:52Speaker 3: tiktoks and the reels are so fast and fun.
- 31:54Speaker 1: Yeah. So I think, keeping that in mind, I don't
- 31:57Speaker 1: think that a company's social media platform is really the
- 32:00Speaker 1: best measure of the workplace. I think all like, I
- 32:04Speaker 1: can understand that, you know, you can build an affinity
- 32:08Speaker 1: with a brand or with the people behind the brand
- 32:10Speaker 1: from you know, I feel like a lot of people
- 32:12Speaker 1: feel that way about us in the podcast, Like so
- 32:14Speaker 1: many people identify with us and say to us, same
- 32:16Speaker 1: as you all the time, Oh my gosh, i'd love
- 32:18Speaker 1: to work it cheese and the money. It seems so fun,
- 32:20Speaker 1: And yeah, absolutely it is, and there's all of these wonderful,
- 32:23Speaker 1: great things that we've got going on. But same as you, like,
- 32:26Speaker 1: ninety percent of the time, it's hard work.
- 32:28Speaker 3: Oh ninety percent of the time, it's shit hitting the
- 32:31Speaker 3: fin trying to work out problems, like someone's done this,
- 32:35Speaker 3: this is happening.
- 32:36Speaker 1: There, Yeah, chos around.
- 32:38Speaker 5: It's not what you see on socials.
- 32:39Speaker 3: And further to that, I would say, because they mentioned
- 32:43Speaker 3: they've seen other companies social media and they look more boring,
- 32:47Speaker 3: like that might be not the case at all. You
- 32:50Speaker 3: might get a job somewhere that their socials seem a
- 32:53Speaker 3: bit more boring, and it might be the best group
- 32:55Speaker 3: of people ever, and you might have the best time.
- 32:57Speaker 3: It's really hard to judge a company based on their
- 33:00Speaker 3: social media.
- 33:01Speaker 1: Yeah. Yeah, I just don't think that it's the necessarily
- 33:04Speaker 1: the most important metric that you should be considering when
- 33:06Speaker 1: you are looking at workplaces, whether that be the one
- 33:08Speaker 1: that you're currently in or other potential future employers. I
- 33:12Speaker 1: think there are so many other more important things than
- 33:15Speaker 1: how fun it looks externally. It's about the people that
- 33:18Speaker 1: you're working with. It's about the work that you'll be
- 33:20Speaker 1: doing and how much you can enjoy and the work
- 33:22Speaker 1: life balance. So I think exactly what you said, like
- 33:25Speaker 1: what do you want? Figure out what's important to you,
- 33:28Speaker 1: and then use other aspects or avenues beyond social media
- 33:32Speaker 1: to assess that. Talk to other employees have a look
- 33:36Speaker 1: at their employee turnover rate. That's always a really good
- 33:39Speaker 1: good gauge of how you know what a workplace is like.
- 33:42Speaker 1: If they're chewing through employees, not necessarily the best sign.
- 33:46Speaker 1: So there are lots of other things that you can
- 33:48Speaker 1: do to assess whether somewhere is good or not good.
- 33:51Speaker 1: But I think definitely keeping in mind that social media
- 33:53Speaker 1: is so curated and so yes, you know, not a
- 33:57Speaker 1: bad indicator, because you can have a wonderful workplace puts
- 34:00Speaker 1: out these videos that is it shows you exactly what
- 34:02Speaker 1: the culture is like, because culture is so important. But
- 34:05Speaker 1: just take it with a grain of salt, I think,
- 34:08Speaker 1: is what I would suggest.
- 34:09Speaker 4: Yeah, and it kind of like sets you up for
- 34:11Speaker 4: a bit of disappointment if you already kind of go
- 34:13Speaker 4: in with It's like if someone tells you that a
- 34:15Speaker 4: movie is so good, like's the best movie they've ever seen,
- 34:18Speaker 4: you go in with that expectation, and even if it's
- 34:20Speaker 4: just like a regular movie, but it would have been
- 34:22Speaker 4: good if.
- 34:22Speaker 1: No one told you anything. Yeah, you kind of still
- 34:25Speaker 1: go in.
- 34:26Speaker 4: You're like, oh, my expectations were so high that there's
- 34:29Speaker 4: nowhere to go down. So yeah, just like find out
- 34:33Speaker 4: what the root of what you want is and you
- 34:36Speaker 4: can't go wrong, Like if you just follow that and
- 34:38Speaker 4: if it's fun, it's great.
- 34:40Speaker 1: If it's not fun, it's still what you want to do.
- 34:41Speaker 1: Whatever you know? Yeah, perfect, do we have a juicy
- 34:46Speaker 1: juicy DM to get to Oh you know that we
- 34:49Speaker 1: do it everybody's favorite time of the week. Let me
- 34:52Speaker 1: tell you watch our listener set the dam goes Hi, galv.
- 34:56Speaker 1: I've been thinking for a while that I'd really like
- 34:58Speaker 1: to start my own small busin thank you Business Bible
- 35:01Speaker 1: for the inspo. You're so welcome, But I don't know
- 35:04Speaker 1: where to begin. I'm feeling overwhelmed trying to work out
- 35:07Speaker 1: how much to invest into the business at the beginning,
- 35:10Speaker 1: or where to start with the nitty gritty things like
- 35:12Speaker 1: finding suppliers and manufacturers. I'm struggling to calculate what the
- 35:17Speaker 1: actual costs associated with starting the business might be. So
- 35:21Speaker 1: many things to think about, samples, packaging, etc. Or how
- 35:24Speaker 1: to even begin the process of connecting with the right people.
- 35:28Speaker 1: Please help so I don't have to quit before I
- 35:31Speaker 1: even start. To be completely truthful with you, we are
- 35:35Speaker 1: a business, but we're not a product based business, so
- 35:38Speaker 1: I completely understand how this person is going. Where do
- 35:41Speaker 1: you start, because I really wouldn't know where to start either.
- 35:44Speaker 1: The financial side of things we can probably talk to
- 35:46Speaker 1: a bit more, but bring how did you even figure
- 35:49Speaker 1: it out? You obviously run Fate the label, which is
- 35:51Speaker 1: this incredible inclusive clothing brand that does something that not
- 35:55Speaker 1: a lot of other brands do. So I'd be interested
- 35:58Speaker 1: to know how you kind of feel get that all out.
- 36:01Speaker 3: I think the first thing to remember when it comes
- 36:03Speaker 3: to starting a business is it's okay if you have
- 36:06Speaker 3: no idea what you're doing.
- 36:08Speaker 5: I think there's a lot of pressure.
- 36:10Speaker 3: And I can only imagine, like I obviously started fake
- 36:14Speaker 3: six years ago now and it's different now to what
- 36:18Speaker 3: it was back then, And I'm kind of glad that
- 36:20Speaker 3: I started back then because now I can imagine someone
- 36:23Speaker 3: wanting to start a business and seeing all of these
- 36:25Speaker 3: established business owners online on TikTok and Instagram and all
- 36:29Speaker 3: this and that, and you would feel like you, in
- 36:32Speaker 3: a way are comparing yourself to them at where they
- 36:35Speaker 3: are at their journey now. And I always say to
- 36:38Speaker 3: people like, don't look at me and compare you at
- 36:41Speaker 3: the beginning of your journey to me where I am
- 36:43Speaker 3: now six years in. It can very much look like
- 36:46Speaker 3: I've got all my shit together and then I know
- 36:48Speaker 3: what I'm doing and that's one hundred percent correct. But
- 36:51Speaker 3: at the same time, I still feel like I'm figuring
- 36:54Speaker 3: all this out as I go. And I guess the
- 36:56Speaker 3: beauty of business, especially like a startup and starting it yourself, is.
- 37:01Speaker 5: You don't have to know how to do everything.
- 37:03Speaker 3: No one does. No one when they start a business
- 37:06Speaker 3: knows what they're doing. Like you're not born knowing how
- 37:09Speaker 3: to be a business owner, the same way you're not
- 37:11Speaker 3: born knowing how to be a boss. You quite literally
- 37:14Speaker 3: learn everything as you go, and the only way that
- 37:17Speaker 3: you learn is by trying one thing, going all right,
- 37:20Speaker 3: I'm gonna do that again, but differently, and that is
- 37:24Speaker 3: quite literally what owning a business looks like. It is
- 37:27Speaker 3: just trying, trying, trying, making mistake after mistake after mistake,
- 37:31Speaker 3: and then just learning to do better by the one
- 37:34Speaker 3: hundredth time, and then you finally understand what you're doing.
- 37:37Speaker 3: I can understand that it would be super overwhelming to start,
- 37:42Speaker 3: and I think the good thing about me when I
- 37:44Speaker 3: started Fate was that I was so naive to the
- 37:46Speaker 3: whole thing and I didn't really have anyone that I
- 37:49Speaker 3: was comparing myself to. I wasn't seeing all these other
- 37:51Speaker 3: businesses online being like, oh, I want to be like them.
- 37:53Speaker 3: And as for me, I'd always had the entrepreneurial spirit.
- 37:57Speaker 3: I never really realized it at the time, but as
- 37:59Speaker 3: I mentioned, I dropped out of school really early, and
- 38:02Speaker 3: throughout my teenage years and into my early twenties, I
- 38:06Speaker 3: tried my hand at a million little business opportunities, just
- 38:10Speaker 3: to name a few. I was just wanting to do anything.
- 38:13Speaker 3: I didn't know that I was wanting to start my
- 38:14Speaker 3: own business, but I was just on this search. I
- 38:16Speaker 3: was going through jobs and at the same time trying
- 38:18Speaker 3: all these little side hustle things.
- 38:20Speaker 5: So I started a beauty business. At one point I.
- 38:23Speaker 3: Could do makeup half okay, So I was doing freelance
- 38:27Speaker 3: makeup for like thirty five dollars for a full face
- 38:29Speaker 3: and lashes.
- 38:30Speaker 1: Stop the bargain.
- 38:32Speaker 5: I would come to you and do it.
- 38:34Speaker 3: And then I was living in a shared rental at
- 38:37Speaker 3: the time, and we had like this brick room underneath
- 38:40Speaker 3: the back of the house kind of thing, and I
- 38:42Speaker 3: turned that into a spray tanning studio. So I went
- 38:44Speaker 3: to my local beauty supply here in Newcastle. I got
- 38:47Speaker 3: the tent, the machine, all the supplies, and then I
- 38:51Speaker 3: used my Facebook account because I had what two to
- 38:53Speaker 3: three hundred people on Facebook at the time, a lot
- 38:56Speaker 3: of them lived in Newcastle. I would make little graphics
- 38:58Speaker 3: with like palm trees so bad, fifteen dollars spray tnds,
- 39:03Speaker 3: come on down and get them even if you want
- 39:05Speaker 3: three codes, still fifteen bucks. And so I tried that.
- 39:09Speaker 3: I did makeup. I did mobile makeup. At one point
- 39:13Speaker 3: I purchased a bunch of plane phone cases off eBay,
- 39:17Speaker 3: and then I went to Spotlight and purchased a lot
- 39:20Speaker 3: of decorations.
- 39:21Speaker 5: I have photos of all. This is so embarrassing.
- 39:23Speaker 1: Please send them to us for you, because you don't
- 39:26Speaker 1: see nobody talks about this. No one talks about the
- 39:29Speaker 1: hard things that they went through to them be successful.
- 39:32Speaker 1: So you being willing to share, is I think so
- 39:34Speaker 1: helpful to people.
- 39:36Speaker 5: Yeah?
- 39:36Speaker 3: Well I purchased the phone cases. I sat there gluing
- 39:40Speaker 3: on all these like gems and stuff, and then again
- 39:42Speaker 3: I was putting them on my Facebook saying for sale,
- 39:44Speaker 3: like I sold none, but that didn't matter because like
- 39:49Speaker 3: I didn't know it at the time, but that was
- 39:50Speaker 3: me having that entrepreneurial fire in my belly, and I
- 39:53Speaker 3: was also the kind of person that would say yes
- 39:57Speaker 3: to anything. I remember at one point my friends, this
- 40:01Speaker 3: woman owned this secondhand thrift store here in Newcastle and
- 40:04Speaker 3: she's like, do you want to come and visual merchandise
- 40:07Speaker 3: our front shop window.
- 40:08Speaker 5: I was like, of course, Like but I've.
- 40:09Speaker 3: Never done something like that, however, and then she also
- 40:13Speaker 3: owned this hair salon and she asked me, can you
- 40:16Speaker 3: please run our social media? So then I was like
- 40:18Speaker 3: posting photos to this hairdressing.
- 40:20Speaker 5: Account for a while there. I tried so many things.
- 40:24Speaker 3: And at one point as well, when I was more
- 40:26Speaker 3: in my youtubing days, I started this skincare business called
- 40:29Speaker 3: NKD like Naked, and I was making coffee scrubs and stuff,
- 40:33Speaker 3: and I had like a little business partner, kind of
- 40:35Speaker 3: in like the early Frank Body days.
- 40:37Speaker 5: I did that for a while, but then I gave
- 40:38Speaker 5: up on it because it wasn't for me.
- 40:40Speaker 3: So by the time it came to launching Fate, and
- 40:43Speaker 3: one of the amazing things about Fate, which I love
- 40:45Speaker 3: telling people, is it was just another one of those
- 40:47Speaker 3: little ideas. It was just like the spray tns. It
- 40:50Speaker 3: was just like the phone cases. It was just like
- 40:52Speaker 3: running the social media for some random hair salon. It
- 40:55Speaker 3: wasn't this grand, big idea. It was like, oh, yeah,
- 40:58Speaker 3: I'll give that to go, like you know, because I
- 41:01Speaker 3: was just always willing to give anything go. Yeah, if
- 41:04Speaker 3: you had told me back then that it would lead
- 41:07Speaker 3: to where I am today, I would say, no way, that's.
- 41:11Speaker 5: Not gonna happen at all. Like this was this tiny
- 41:13Speaker 5: little thing.
- 41:14Speaker 3: I had a double garage underneath my townhouse rental at
- 41:17Speaker 3: the time, and I said to my partner, Aja, sorry,
- 41:20Speaker 3: like you're losing your car spot. You have to park
- 41:22Speaker 3: out on the street because I'm going to start this
- 41:24Speaker 3: business under here. And I went to Bunnings and I
- 41:27Speaker 3: got a bunch of plastic tubs and that's where my
- 41:29Speaker 3: stock was going to go. And I put a table,
- 41:30Speaker 3: I got a printer, and I honestly just figured out
- 41:34Speaker 3: all of those little things step by step.
- 41:38Speaker 5: And you just figure it out.
- 41:39Speaker 3: I quite literally remember the day I was googling how
- 41:42Speaker 3: to ship parcels in Australia. Yeah, and then you know,
- 41:45Speaker 3: going on the Australia Post website, signing up, joining Facebook
- 41:49Speaker 3: groups for women in business, trying to make connections there,
- 41:53Speaker 3: jumping online, how to manufacture products. And the thing with
- 41:56Speaker 3: business is I heard someone say once, and it's so true.
- 41:59Speaker 3: Sometimes taking the first step is so embarrassingly small that
- 42:03Speaker 3: a lot of people never take it.
- 42:05Speaker 1: That's so true, Like you get in your own way
- 42:07Speaker 1: before exactly what our listener said, she didn't want to
- 42:09Speaker 1: quit before she even started because she was feeling so overwhelmed.
- 42:12Speaker 3: Yeah, but it's there's no again, I'm referencing my own podcast,
- 42:16Speaker 3: but I do have an episode of every single step
- 42:19Speaker 3: that you need to take to start a business in Australia.
- 42:21Speaker 1: Perfect.
- 42:21Speaker 3: That's one of my very first episodes. If you want
- 42:23Speaker 3: to hear it in depth. I'm obviously not going to
- 42:24Speaker 3: run through.
- 42:25Speaker 5: That today with you will be here for another hour.
- 42:28Speaker 3: But it's just writing everything down that you think you
- 42:31Speaker 3: need to do and just tackling those steps one by one.
- 42:34Speaker 3: And when it comes to costs, which I'm sure you
- 42:37Speaker 3: guys can talk more to as well, it's figuring out
- 42:40Speaker 3: how much all those things are going to cost, writing
- 42:41Speaker 3: them down and seeing if it is feasible for you.
- 42:44Speaker 3: I've heard a lot of people say you don't need
- 42:46Speaker 3: much to start a business, And again I think it
- 42:48Speaker 3: depends on what you're doing. Yeah, you know, if you're
- 42:50Speaker 3: decorating iPhone cases like me at home, that's obviously going
- 42:54Speaker 3: to be a lot lower of a cost compared to
- 42:56Speaker 3: if you're actually manufacturing something and you're needed to do
- 42:58Speaker 3: samples and everything. So it's really hard to say how
- 43:00Speaker 3: much starting a business costs. But I would say, especially
- 43:04Speaker 3: if you are starting a product based business and you
- 43:08Speaker 3: are manufacturing stuff and then you're sampling, you're going to
- 43:11Speaker 3: need at least like five thousand dollars to get yourself started,
- 43:16Speaker 3: because it really all does add up, all those little things,
- 43:18Speaker 3: like even once you've done your products and then you
- 43:20Speaker 3: need your mailer bags and your labels.
- 43:23Speaker 1: And nine the things.
- 43:25Speaker 3: Yes, all those things that you absolutely need, Like that's
- 43:27Speaker 3: where the costs will really start to rack up. And
- 43:30Speaker 3: you need racks in your house to put your products in,
- 43:32Speaker 3: just all those little things. Yeah, but I would just
- 43:34Speaker 3: really map it out and you'll get a good idea
- 43:37Speaker 3: from there in terms.
- 43:39Speaker 5: Of how much it is going to cost.
- 43:41Speaker 4: This kind of like business idea never started. But when
- 43:44Speaker 4: I don't know how useful this will be to our
- 43:47Speaker 4: community member. But my best friend did try to start
- 43:49Speaker 4: a business, like a few years ago. She now has
- 43:52Speaker 4: like a couple of coffee vans, which is awesome, so
- 43:54Speaker 4: she could probably you know, there's some inside I could
- 43:57Speaker 4: probably take from that. But basically when she tried to
- 43:59Speaker 4: start the business, this is something I kind of struggle
- 44:01Speaker 4: with too. There are so many ideas that I have,
- 44:03Speaker 4: and I'm like, where do I even start? Like how
- 44:06Speaker 4: do I create something that doesn't exist yet?
- 44:08Speaker 1: You know what I mean?
- 44:09Speaker 4: And so what she did was find businesses that are
- 44:13Speaker 4: currently existing that are similar to the ones you want
- 44:16Speaker 4: to start, and I feel like somewhere on their page
- 44:19Speaker 4: they have their manufacturer details and they kind of like
- 44:22Speaker 4: google that, and I guess, like all the little things
- 44:25Speaker 4: like how do you actually where do you go? What
- 44:28Speaker 4: do you start with? How do you create something doesn't
- 44:30Speaker 4: exist yet? Find places that are similar to what you're
- 44:34Speaker 4: trying to start, see if there's any info on the
- 44:37Speaker 4: actual website, and exactly as you say, brit Like again.
- 44:40Speaker 1: Like I'm no expert at all, but and you definitely are.
- 44:43Speaker 4: But I'm like, yeah, just trying to build those connections,
- 44:47Speaker 4: whether it's like literally reaching out to a manufacturer or
- 44:50Speaker 4: reaching out to a pre existing business and seeing if
- 44:53Speaker 4: anyone will give you some advice somewhere if it's in
- 44:56Speaker 4: the same kind of like realm as what you're trying
- 44:58Speaker 4: to start.
- 44:59Speaker 1: But yeah, it is all very confusing.
- 45:00Speaker 4: I don't understand it, and that advice probably didn't do
- 45:03Speaker 4: anything for anyone because I don't know anything.
- 45:05Speaker 3: I think that's a good I think it's a good
- 45:07Speaker 3: point though, like, don't underestimate the power of networking. Yeah,
- 45:11Speaker 3: and you'd be surprised how many people are out there
- 45:13Speaker 3: that are willing to help you or give you advice.
- 45:17Speaker 3: And I know that's what I did in my early days.
- 45:18Speaker 3: I joined every women in e Commerce Facebook group that
- 45:23Speaker 3: I could find, and there's tons of them that have
- 45:26Speaker 3: tens of thousands or hundreds of thousands of members, and
- 45:29Speaker 3: you can post in there and say, hey, I want
- 45:31Speaker 3: to connect with people.
- 45:32Speaker 5: I'm looking to get custom packaging made.
- 45:34Speaker 3: And one of the most amazing things as well, and
- 45:37Speaker 3: something that I always think is we have this thing
- 45:40Speaker 3: at our fingertips called Google, and it is like.
- 45:44Speaker 5: People will be like, how did you figure that out?
- 45:46Speaker 5: I'm like, I literally googled that shit and I figured
- 45:49Speaker 5: it out.
- 45:49Speaker 3: And now we have AI and we have chat GPT,
- 45:52Speaker 3: like we have all of this information right at our fingertips,
- 45:57Speaker 3: and that's how I figured.
- 45:58Speaker 5: Out my whole business.
- 45:59Speaker 3: I didn't know anything, and now I know everything I
- 46:02Speaker 3: know because I just did my research and I Google
- 46:04Speaker 3: the shit out of everything, and I continue to google
- 46:07Speaker 3: the shit out of stuff every single day. And people
- 46:10Speaker 3: will often say like how do I start a business?
- 46:12Speaker 3: Like what's the first thing that I do? And you know,
- 46:15Speaker 3: you could quite literally jump onto Google and go, hey,
- 46:18Speaker 3: what's the first thing I need to do if I
- 46:19Speaker 3: want to start a business in Australia.
- 46:21Speaker 5: I think when people say like what's the first thing
- 46:23Speaker 5: that I do? Or where do I start? I don't
- 46:24Speaker 5: think they're necessarily asking that question exactly. I think they're
- 46:28Speaker 5: also asking.
- 46:29Speaker 3: I'm scared, I'm hesitant, I'm worried that it won't work out.
- 46:33Speaker 3: I think that's what actually stops people, because if you
- 46:36Speaker 3: want to find out how to start a business in Australia,
- 46:38Speaker 3: the world is your oyster. When it comes to Google
- 46:40Speaker 3: and the Internet. I think it's more so them wanting reassurance.
- 46:44Speaker 3: When I get asked that question, it's not how do
- 46:47Speaker 3: I start a business? It's like, I know I want
- 46:48Speaker 3: to start one, but I'm really scared. Yeah, and it
- 46:51Speaker 3: is scary, and it's a lot, and it's more than
- 46:54Speaker 3: you would ever think when it comes to business. But
- 46:57Speaker 3: that's like the beauty of it is starting from scratch
- 46:59Speaker 3: and figuring it all yourself, because I don't think there's
- 47:01Speaker 3: any other way to start a business, Like you've got
- 47:04Speaker 3: to do all that groundwork yourself in the beginning, because
- 47:06Speaker 3: let's be honest, like I mean, some people do have
- 47:08Speaker 3: businesses handed to them, but for the most of us,
- 47:11Speaker 3: you are there from that very first day figuring out.
- 47:15Speaker 5: How on earth do I set up a shop of
- 47:17Speaker 5: fy store?
- 47:17Speaker 1: Yeah, yeah, one hundred percent. On the financial side of things,
- 47:20Speaker 1: I think that you're absolutely doing the right thing thinking about,
- 47:24Speaker 1: you know, the finances, looking into whether or not it's viable.
- 47:27Speaker 1: As you were saying, I guess that's a really good
- 47:28Speaker 1: tool for risk assessment. If you need to invest twenty
- 47:31Speaker 1: grand to get started, you might go, oh, that doesn't
- 47:33Speaker 1: feel comfortable or doable for me right now, and maybe
- 47:36Speaker 1: you look at something else. I would suggest looking into wholesaling.
- 47:40Speaker 1: So if you're doing a product based business, you know,
- 47:42Speaker 1: like you said, you were going down to Spotlight and
- 47:44Speaker 1: buying all your beads and decorations to your phone cases,
- 47:47Speaker 1: which is absolutely a viable option on a small scale,
- 47:50Speaker 1: but you'll find that you can save a lot of
- 47:51Speaker 1: money purchasing things wholesale. So whether that's direct frum suppliers,
- 47:55Speaker 1: there absolutely is some things manufactured here. I know a
- 47:58Speaker 1: lot of companies you know you supplies and manufacturers. There's
- 48:01Speaker 1: a lot of great ones in Asia, and they're super
- 48:03Speaker 1: close to us. Obviously, you know, doing your research into
- 48:07Speaker 1: who you're working with and the ethics of those places,
- 48:09Speaker 1: if that's important to you, is also something that you
- 48:11Speaker 1: might need to consider. But even from you know, direct
- 48:15Speaker 1: manufacturers on shore, a lot of the time you can
- 48:18Speaker 1: purchase things in larger quantities at a much better price
- 48:21Speaker 1: than just going down to your local store and buying
- 48:24Speaker 1: the bits and pieces that you need as one offs
- 48:26Speaker 1: over the counter. The other thing that I would maybe
- 48:29Speaker 1: suggest in terms of like finding suppliers and manufacturers, not
- 48:33Speaker 1: that I have any experience whatsoever in this, but is
- 48:36Speaker 1: just making sure that you're speaking to a couple of people,
- 48:39Speaker 1: like anything, getting quotes from multiple places so you can
- 48:42Speaker 1: compare prices, Getting samples from multiple places so you can
- 48:45Speaker 1: compare quality, sample everything.
- 48:49Speaker 3: I've seen so many video nightmares of people like ordering
- 48:54Speaker 3: stuff from Ali Baba, which is like a massive website
- 48:57Speaker 3: where you can find all the manufacturers in the world.
- 48:59Speaker 3: I feel like everyone knows about Ali bub You guys
- 49:01Speaker 3: know about Ali Barber might.
- 49:03Speaker 1: Let's not assume it's a great platform.
- 49:06Speaker 3: Yeah, so that's like a essentially a hub where you
- 49:09Speaker 3: can find manufacturers for anything and everything. But even if
- 49:12Speaker 3: you are jumping on there and connecting with manufacturers and
- 49:16Speaker 3: you can do research into their businesses, don't just go
- 49:20Speaker 3: with one and then stick with them and definitely explore
- 49:24Speaker 3: those options, get samples made, don't just order based on
- 49:28Speaker 3: a photo that they've sent you. I've seen some nightmare
- 49:30Speaker 3: videos pop up on TikTok being like this is what
- 49:32Speaker 3: I thought I was ordering, and then it's showed up
- 49:34Speaker 3: with like another company's logo on it or whatever. I'm
- 49:37Speaker 3: sure a lot of people have made really expensive mistakes there.
- 49:39Speaker 3: So yeah, definitely shop around as expensive as it can be.
- 49:43Speaker 3: Then sampling with multiple manufacturers, like it's something that you
- 49:46Speaker 3: have to do to ensure that quality.
- 49:48Speaker 1: Yeah, it's the equivalent of measure open well, measure twice,
- 49:51Speaker 1: cut once, Isn't it like do the due diligence at
- 49:54Speaker 1: the start to get what you need down the track
- 49:56Speaker 1: and save yourself from a huge, very expensive mistake. And
- 49:59Speaker 1: if you are ordering online where possible, I would just
- 50:01Speaker 1: say pay using secure payment options, because if you're dealing
- 50:05Speaker 1: with companies or I can imagine would be very overwhelming,
- 50:08Speaker 1: you know, going into this pool of people and within
- 50:11Speaker 1: you know, like anything, there will be people out there
- 50:12Speaker 1: who are not doing the right thing, and it can
- 50:14Speaker 1: be hard to differentiate that, especially if you are looking
- 50:17Speaker 1: at international places, so you know, pay via PayPal, pay
- 50:21Speaker 1: via a credit card that has some kind of protection
- 50:24Speaker 1: on it, especially in those early days when you don't
- 50:26Speaker 1: have the connections, you maybe don't know how to discern
- 50:29Speaker 1: what is legit and what's not. Just that little extra
- 50:32Speaker 1: step of protection I feel like might be kind of helpful.
- 50:35Speaker 3: Yeah, if someone says do you want to do a
- 50:37Speaker 3: direct transfer or whatever, just be like no, like I'm
- 50:39Speaker 3: using PayPal.
- 50:42Speaker 1: Immediately, nop powder there before we go. We did ask
- 50:44Speaker 1: everyone on Instagram what they think and if you want
- 50:46Speaker 1: to participate, We're actually is the money AUS. We love
- 50:49Speaker 1: putting our dilemma up every week and putting our feelers
- 50:51Speaker 1: out for what you guys think true. The first question
- 50:54Speaker 1: we asked was do you have a small business? And
- 50:57Speaker 1: we had seventeen percent of people say yes, fifty four
- 51:00Speaker 1: percent of people said no, and twenty nine percent of
- 51:03Speaker 1: people said I want you, but I don't know where
- 51:05Speaker 1: to start, which is a huge number. We said, if
- 51:08Speaker 1: you do have a small business, what were the first
- 51:10Speaker 1: steps that you took at the beginning of your journey.
- 51:13Speaker 1: Somebody said they contacted as many potential clients as possible
- 51:16Speaker 1: to put themselves on people's radar. Somebody else said they
- 51:20Speaker 1: found a gap in the market so that they could
- 51:22Speaker 1: see that they would be able to service people that
- 51:24Speaker 1: weren't currently being serviced, which I feel like is a
- 51:27Speaker 1: little bit what you kind of did with Fate. We
- 51:28Speaker 1: found that point of difference and really, you know, looked
- 51:32Speaker 1: after so many people that didn't have people that were
- 51:35Speaker 1: thinking about them. Somebody else said they budgeted their outlays
- 51:38Speaker 1: and checked if they could afford to lose the money
- 51:41Speaker 1: if they didn't work out, And I feel like that's
- 51:43Speaker 1: a really great perspective. Look at it as a bit
- 51:45Speaker 1: of an investment. You're taking on risk starting a business,
- 51:48Speaker 1: and maybe it'll be amazing and maybe it'll take off,
- 51:51Speaker 1: or maybe you won't sell any phone cases.
- 51:53Speaker 3: And mind you, the phone cases were hideous, Like I
- 51:57Speaker 3: just want to throw that out there, like I'll send
- 51:59Speaker 3: you guys photo. It's embarrassing, but it's like something I'm
- 52:02Speaker 3: proud of because I was trying it.
- 52:04Speaker 1: You do something like it's something to be a because
- 52:08Speaker 1: if they were disgusting, it's a good story now, but
- 52:13Speaker 1: it really like it taught you something that you're using
- 52:15Speaker 1: and you're bringing up now and sharing with people. Somebody
- 52:18Speaker 1: else said they figured out what exactly their services were
- 52:22Speaker 1: going to be and what they could offer. Someone else said,
- 52:25Speaker 1: check all the permits and stuff, which I think is
- 52:27Speaker 1: a great point, depending on what product or industry, what whatever.
- 52:30Speaker 1: Check permits, check copyright, all those kinds of things. Make
- 52:34Speaker 1: sure you're not going to be infringing on something or
- 52:37Speaker 1: in a little bit of hot water. Later, somebody else said,
- 52:39Speaker 1: write a business plan. The common thread very much is
- 52:43Speaker 1: do the work up front to pre plan yes, which
- 52:46Speaker 1: I think really echoes kind of what we all were saying.
- 52:48Speaker 5: I think I have one to add there as well.
- 52:50Speaker 5: Sorry to cut you off.
- 52:51Speaker 3: Another thing as well, is to like ask yourself some
- 52:54Speaker 3: important questions before even getting to the point of like
- 52:57Speaker 3: then writing a business plan or coming up with your idea,
- 53:00Speaker 3: or maybe you've already got the idea. But a really
- 53:02Speaker 3: important question that I would ask myself if I was
- 53:05Speaker 3: starting something new. And obviously I didn't ask myself this
- 53:08Speaker 3: when I was starting fake because I never thought that
- 53:10Speaker 3: it was going to be something grand, like it was
- 53:12Speaker 3: just the thing that I thought, Yeah, that sounds like
- 53:14Speaker 3: a good idea, Let's give it a go. But I'd
- 53:16Speaker 3: really encourage people to ask themselves what it is they're
- 53:20Speaker 3: wanting to do.
- 53:22Speaker 5: Is something that they genuinely really want to do.
- 53:25Speaker 3: I think because of social media again and how it
- 53:27Speaker 3: is this highlight reel and you know, even I make
- 53:30Speaker 3: business look so fun and easy and LADDI dare and
- 53:33Speaker 3: tiktoks and dancing around the warehouse, it can be very
- 53:35Speaker 3: easy for people to go, I want to start my
- 53:37Speaker 3: own business because it looks so fun. I can set
- 53:40Speaker 3: my own hours, like I can have a great work
- 53:43Speaker 3: life balance, and the reality of that is the absolute opposite,
- 53:46Speaker 3: like you will work more than you ever have. So
- 53:48Speaker 3: I think it's really important to stop and ask yourself,
- 53:50Speaker 3: why do I want to start my own business, Like
- 53:52Speaker 3: what is my reason for wanting to do this? And
- 53:55Speaker 3: if you already have your idea, is this something that
- 53:57Speaker 3: I can see myself doing in five years time from
- 54:00Speaker 3: now or is it something that I just think is
- 54:02Speaker 3: cool or fun or interesting now? Because business is such
- 54:06Speaker 3: a big commitment. Yeah, and once you're in, there's really
- 54:10Speaker 3: no turning back, especially if that business then starts to scale.
- 54:14Speaker 3: Like sometimes I step back and look at what I'm doing, like,
- 54:16Speaker 3: oh my god, like this has gone really far, like
- 54:19Speaker 3: like there's no backing out now, you know.
- 54:21Speaker 5: If I wasn't, I'm just lucky.
- 54:22Speaker 3: I'm passionate about what I do, because man, I've dug
- 54:24Speaker 3: myself a really deep hole if I don't want to
- 54:26Speaker 3: be in this anymore, So I'd really like ask yourself,
- 54:30Speaker 3: you know, why is it that I want to do?
- 54:31Speaker 3: What is my motive behind wanting to start this business?
- 54:34Speaker 3: And I am I ready for this commitment because it's
- 54:37Speaker 3: the biggest commitment you'll ever bloody make in my opinion. Yeah, Yeah,
- 54:41Speaker 3: that's another thing I do too, like make sure it
- 54:44Speaker 3: is something that you can see yourself doing for the
- 54:47Speaker 3: long term, or for at least for like a long
- 54:49Speaker 3: period of time.
- 54:51Speaker 1: That's awesome. Advice, and I feel like the perfect place
- 54:53Speaker 1: to kind of leave it off as well. The last
- 54:54Speaker 1: thing I would add is listen to podcasts. There's so
- 54:56Speaker 1: many resources out there for your Instagram pages. We obviously
- 54:59Speaker 1: have the Business a series that we've done where we
- 55:01Speaker 1: cover so much about small business, but you've just launched
- 55:03Speaker 1: obviously your own as well. Tell people where they can
- 55:06Speaker 1: find that. Tell people where they can find you, because
- 55:08Speaker 1: I feel like you're so open with sharing your journey
- 55:11Speaker 1: and that's really what people need to kind of help
- 55:13Speaker 1: them figure out is listen to other people and what's
- 55:16Speaker 1: happened for them.
- 55:17Speaker 3: Absolutely, if you want to come and listen to my podcast,
- 55:20Speaker 3: it's called Big Business, and you can find.
- 55:23Speaker 5: My podcast wherever you get your podcasts.
- 55:25Speaker 3: And I'm only up to like episode six or something,
- 55:27Speaker 3: so it's still really new and it is genuinely a
- 55:30Speaker 3: great place to start if you are new to business,
- 55:32Speaker 3: because with my episode so far, I've kind of taken
- 55:34Speaker 3: it back to the very beginning and I'm like going
- 55:36Speaker 3: through all the phases and I'm being an open book
- 55:39Speaker 3: on there. And I've had so many people dm me
- 55:41Speaker 3: saying I love how transparent you are.
- 55:43Speaker 5: Being with this.
- 55:44Speaker 3: I don't want it to be a business podcast where
- 55:47Speaker 3: it's just like, oh, business is just so fun and
- 55:49Speaker 3: it's really challenging sometimes, but I really love it. Like
- 55:52Speaker 3: each episode, I'm gone, this is what happens in business,
- 55:55Speaker 3: this is how much things cost. I really want to
- 55:57Speaker 3: try and share as much information with people as I can,
- 56:00Speaker 3: because I never listened to anyone talking about that when
- 56:03Speaker 3: I started Fate, and I would have loved to. Yeah,
- 56:05Speaker 3: feel free to look me up Big Business. You can
- 56:08Speaker 3: find me on Instagram and on TikTok. Just look up
- 56:10Speaker 3: my name anywhere and everywhere.
- 56:12Speaker 1: Amazing. We'll want some links in the show notes for
- 56:14Speaker 1: you guys. Definitely check it out. And Britt, thank you
- 56:16Speaker 1: so much for joining us and sharing all of your.
- 56:18Speaker 5: Inside having me. It's been great to be here. Come
- 56:21Speaker 5: back some time. Yeah, all right, I'll be back next
- 56:24Speaker 5: week introducing our.
- 56:25Speaker 1: Brand new co host for your Sorry, Victoria, you've been right.
- 56:31Speaker 1: Our producer will let Victoria know that she's no longer needed.
- 56:34Speaker 5: Yeah, yeah, we'll see you stepping in.
- 56:38Speaker 4: You've been so great. Thank you so much, Brett. You're
- 56:41Speaker 4: just amazing. You're so inspiring, So thank you so much again.
- 56:43Speaker 1: Have a good weekend, guys, and Victoria will see you
- 56:45Speaker 1: bright and early on Monday for money, Darry, Bye, guys.
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