Latest / All In with Allie / Divorce, Career Pivots, & Actionable Business Advice, OH MY! With Melissa Franks
Transcript
- 0:05Hello, Melissa Franks, Welcome to All In with Ali. How you doing.
- 0:10I am good. I'm so happy to be here with you today.
- 0:13I am so excited to have you. So we were just talking. So
- 0:17Melissa, she and I worked together until just a couple of weeks ago,
- 0:22and we were like meeting every single week talking, not every day, but
- 0:29most you know, most days, I feel like and I felt like such.
- 0:34I was so integrated in your life and like real life and your business
- 0:39too. So it's been a couple of weeks. So I'm selfishly excited to
- 0:44catch up with you, but then also to pick your brain as well,
- 0:49because you bring I mean, there's just not only so many interesting things going
- 0:53on in your life that you have so much wisdom to share with us,
- 0:57but also so much genius related to scaling and optimizing businesses as well that obviously
- 1:07everybody's going to be pumped to hear about. So first let's get started.
- 1:11Let's catch everybody up to speed on who you are, what your background is,
- 1:19how you got here today. That is a fantastic question and a loaded
- 1:26one I know one hundred percent. And you know what funny is it in
- 1:29the corporate world you get coached very early to have an elevator pitch, you
- 1:34know, about who you are so like. What they love to tell you
- 1:36is that if you've got into the elevator with the CEO and you, you
- 1:38know, only had the amount of time that it toes to get to the
- 1:41bottom floor, what would you say? And you get a lot of coaching
- 1:42around that. And what I have found is that it just doesn't do it
- 1:48justice as far as I'm concerned, because my story is really interesting. But
- 1:53what I will say first and foremost is mom, I'm a mama. Three
- 1:56boys. They are fourteen, twelve, and ten. And to everybody's pause
- 2:02right there, let's just pause right there and bow down and go on.
- 2:09Oh man, I will say I did it on purpose. I hated being
- 2:13pregnant, so the goal was to get it done as fast as possible,
- 2:16you know, So I wanted a big, full house of rambunctious boys.
- 2:20That was what I picked. The universe gives you what you can handle,
- 2:23and they knew I couldn't handle another night another one of me. But I
- 2:28professionally, I was a hustler. Like at fifteen years old, as soon
- 2:34as I could get a workers permit, I was like down in the factory
- 2:38outlet center that was literally getting built, like in construction mode, banging on
- 2:42door, saying who will hire me? Who will give me a job?
- 2:45I always always had a job. Before that, I was babysitting like a
- 2:49maniac, you know, Like I always had some way of generating revenue.
- 2:53And I think it's because I grew up in a house where money was really
- 2:55scarce. You know, my mom decided to be a wife, and then
- 3:00she ended up getting divorced and then had to figure out with two small kids,
- 3:05how to make an income without a college degree and without really any transferable
- 3:08skills. And I knew I never wanted to be that. And so when
- 3:13I was still in college, I still like a solid year of college left.
- 3:15I started my corporate career. I was an administrative assistant. Was willing
- 3:20to do like whatever it took to learn and get my feet wet. And
- 3:25that served me really well because it taught me the power of saying yes to
- 3:30any opportunity that's given to you. The worst thing that can happen is you
- 3:34can fail, and you'll dust yourself off and try again. And so I
- 3:38spent over twenty five years inside of large corporations, multinational large corporations. I
- 3:45was an English major. I thought I was going to teach English in high
- 3:46schools. I never knowing you now, that's mind blowing. Yeah, that
- 3:53was my big plan, right, Wow, I did not know that.
- 3:57And then I realized when I was a senior in college that I to the
- 4:00same age as all of the seniors in high school, and like, it
- 4:02just was not going to work. Like they're like, I'm not learning English
- 4:06for me, It's not going to happen. But I you know, I
- 4:10entered the insurance industry ten years into my corporate career. I knew nothing.
- 4:15My mom was still handling my car insurance policy. Like, I literally knew
- 4:18nothing about insurance. I didn't know what it meant. I just knew you
- 4:21had to have it or you couldn't drive. And I built a career over
- 4:26fifteen years. It got me into the c suite not only of an insurance
- 4:30company, but inside of a technology company to booze. So this girl that
- 4:32loved to read Jane Austen novels and like dissect complicated pros, all of a
- 4:39sudden is leading a very large At the time of my exit, it was
- 4:46three hundred and fifty million dollar company and in the IT sector and financial services,
- 4:53and I pivoted and left and went to a startup for a year.
- 4:56It was a really, really great experience. I learned a lot. I
- 5:00also learned what not to say yes to in the future, So that was
- 5:05a really big lesson. And you know, now I'm in a really big
- 5:10personal transition, and so I'm leveraging my expertise to be able to, you
- 5:15know, keep a roof over our head and do all the things that we
- 5:17need to do while really focusing on my family and what they need from me
- 5:23right now. Beautiful. So for anybody who was like me just a couple
- 5:28months ago and who does not have a corporate background, what does c sweet
- 5:32mean? So it's the top of the food chain, for lack of a
- 5:36better way to say it. So the execs of the company. So,
- 5:41if you think of a company like a pyramid, at the very very top,
- 5:44at the point of the pyramid is where you have your very top executives
- 5:48and they are known as officers of the company, which means that you have
- 5:54legal and fudiciary financial responsibility. So whenever I made a decision, I was
- 6:00personally liable for the outcome or no pressure, none at all all of what
- 6:08was happening. And so what I carried with me not only was am I
- 6:11doing the right thing by the employees of the company. Am I doing the
- 6:13right thing by our shareholders, so the people that actually own the company?
- 6:17But am I also making sure that I'm doing the right thing morally and ethically?
- 6:21And I'm not going to land myself in jail? Right? So the
- 6:24C suite is the CEO, it's the chief financial officer, and the chief
- 6:30operating officer, which is what I'm known as. And then you've got a
- 6:33bunch of other casts of characters depending on the company that you're in. But
- 6:38those three roles that I just mentioned, they're always there, and those are
- 6:42the three at the top of the pyramid that are making all of the decisions.
- 6:46Got it? Okay? So you did this for how many years?
- 6:50So it was four years that I was operating at that level before I decided
- 6:58that I needed a new challenge, because that's really what it was. I
- 7:00got bored. I know, it's a horrible thing to say, not at
- 7:04all, I think I think that's I love that it only took you four
- 7:09years to make that decision. So take us through that, because I'm sure
- 7:14that that wasn't a light decision to shift. So take us through that season
- 7:19of your life. Yeah, it was. It was a really interesting time.
- 7:23So things that we don't talk about, especially those are the very very
- 7:28top because we're paranoid and somebody, honestly is always out to get you.
- 7:30So a couple of things to know. When you are a woman inside of
- 7:33a technology company, inside of a financial services company, you're the only one,
- 7:39the only one. I had nobody that looked like me. I had
- 7:42nobody that I could talk to you, I had no mentors. And if
- 7:44there was a woman above me organizationally, she was single and a workaholic.
- 7:50So is that the reason why? Because at that age, usually women are
- 7:56having babies and they don't want to devote their entire life to the jobs,
- 8:00so they get passed up. I think that they get passed up. I
- 8:03think that they're ruled out just by virtue of what people consider baggage. I
- 8:09you know, we could probably do fifteen podcasts on you know, why why
- 8:13women struggle once they hit middle management to make it farther up the pipeline.
- 8:20But it was hard for me to get there, and I didn't even know
- 8:26that's where I was headed. But what I can say is that I've always
- 8:30had a strong point of view that if you tell me I can't do something,
- 8:33watch me do it anyway. I'm going to do better than you,
- 8:39faster than you, and all the things right. So I got there out
- 8:43of sheer wheel will and determination and to prove everybody wrong. But I was
- 8:48alone. And I talk a lot on my podcast and other venues around the
- 8:52power of relationships. The thing that nobody says is that it's incredibly lonely at
- 8:58the top of a company, and if you're a woman at the top of
- 9:03the company, you're it's just you and you have you don't have trusted advisors,
- 9:07you don't have anybody to turn to, because it doesn't it doesn't exist.
- 9:09And so I didn't know that. And when I got up there and
- 9:13I realized I'm on my own and people are coming to get me on a
- 9:18really constant basis. And then I got what I thought was really lucky and
- 9:22had a female CEO joined me almost at the same time, and it turned
- 9:26into an absolute disaster. I became a whistleblower, which is not something I
- 9:31ever thought that I was going to do. You know, the ripples are
- 9:33talking about that I can What I can say is that because we're a few
- 9:39years out now, we were in the middle of a global pandemic. They
- 9:45had placed a leader in our organization that, by all accounts, was not
- 9:50qualified. There was lots of documentation about the fact that was this the CEO
- 9:54or somebody else. I was the CEO, and there was a toxic culture
- 10:01being propagated by the CEO. There was a lot of gas landing happening.
- 10:05There was a lot of harassment happening, retaliation, and I had stepped in
- 10:09to kind of be the buffer. And it wasn't so much to protect her,
- 10:13but it was to shield the hundreds of employees that we had working.
- 10:20And so I became her translator, and I became I became the face of
- 10:22the company. I became you know what was good, and that was a
- 10:26heavy weight to carry because I wasn't the CEO and I had my own,
- 10:30my own challenges, and the problem with that was that I became affiliated with
- 10:33her. So in the eyes of the outsiders, you know, I wasn't
- 10:37necessarily part of the problem, but I definitely had a stigma and eventually when
- 10:41I realized exactly what was happening and that I had to speak up in order
- 10:45to save the company, literally, in order to save the company, I
- 10:50did, and I did in the most loud pull all of the strings,
- 10:56call in all of the networks, like I was calling people that were retired
- 11:00that had a lot of influence in pull and other continents, and we did
- 11:05it. We ousted her, and that was the right thing to do.
- 11:07But I was marked as a whistleblower. And so what that meant is that
- 11:09I was dead woman walking because as much as I say that you're protected from
- 11:16that perspective, you have a scarlet letter on you. There was no future
- 11:20in the US. I could have gone to Europe and had a future,
- 11:24but for a year I carried that weight. The company was thriving, the
- 11:28employees were doing incredibly well. Everybody was so happy. We had a new
- 11:33interim leader. Like things were on the outside fantastic, but on the inside,
- 11:39I was target number one because I was the one that dared to speak
- 11:43up. I was the one that dared to call people out and very large
- 11:46authority figures, and I was the one that dared to call in every favor
- 11:50that I had in order to make a change, which was the right change,
- 11:54And at the time, I had an executive tell me, the one
- 12:00thing that I want you to do is take care of the business. That's
- 12:03your top priority. And I took that really seriously. I considered leaving at
- 12:05the time because it was a lot. It would have been a lot easier
- 12:09to walk away and let somebody else deal with the mess, let somebody else
- 12:13try to figure out what to do with her, let somebody else care for
- 12:16the employees. But I decided that like that wasn't me ethically speaking, Like
- 12:22I had hundreds of people relying on me to pay their mortgages and to be
- 12:28happy at work and to ensure that they could retire when they wanted to,
- 12:31and God helped me. We were in the middle of a pandemic, so
- 12:33we had insurance clients and all sorts of other people that needed us to not
- 12:39fall apart. And so when we came out of that, I was exhausted.
- 12:46And the upside was that my team became incredibly high performing, so they
- 12:48didn't really need me. They needed me for coaching and mentorship, but day
- 12:52to day I wasn't in the business anymore, so I like to say,
- 12:56kind of like sat, you know, in that glass office and look on
- 13:00all the people and said, well, look at how happy they are.
- 13:01They're doing what they want. And I knew that it was time to change.
- 13:05And then we had more leadership changes and the company was changing some more,
- 13:09and I just didn't have it in me to fight the fight anymore,
- 13:13to fight those that were after my job, to fight to prove that I
- 13:18deserved my seat, because once you get it, you have to keep earning
- 13:22it. When you're a woman, you don't just get to sit there and
- 13:24be comfortable. And so I decided it was time to kind of push reset
- 13:30and find something else to do. I had done the work that I could
- 13:33do. I had left the legacy that I wanted to leave, and it
- 13:37was it was time to open a new door. And where did you go
- 13:41at that point? So I had a founder approach me who had a really
- 13:46cool business idea. It was super disruptive and I love new technology and I
- 13:50like making noise, as that last story probably identified, and so it was
- 13:58what I can now say was an opportunity too good to be true, and
- 14:05so I jumped in with both feet. I was really excited. To build
- 14:09multiple businesses at the same time and learn things I hadn't learned before. And
- 14:16hindsight twenty twenty because I just had a conversation with a lawyer about this,
- 14:20you know, a couple of weeks ago. You should listen to the expert
- 14:24advice that you're given, because that lawyer told me to walk away. It
- 14:26was bad. He just the spells. The smells bad is what he said
- 14:30at the time, and it still smells bad today. But I was really
- 14:33blinded by new and shiny and exciting because I had been really really wiped out
- 14:41in the prior job. So I jumped in and then it was exactly what
- 14:46one expects a startup to be. It was disorganized, it wasn't well thought
- 14:50out. We pivoted the business model a lot of times. And I believe
- 14:54in startups. I think that they, when done properly and correctly with the
- 15:00right foundational basis, are really good for the economy. The approach that this
- 15:05founder took just wasn't wasn't one that was going to lead to success. And
- 15:09so, you know, about ten months in we had to call quits.
- 15:15They're out of money, and our value systems were really misaligned and that happened
- 15:20sometimes. So do you think, because I know the background of that story
- 15:26in hindsight, do you think the reason why or I'm sure there were many
- 15:28reasons why ultimately it fell apart, But do you think the big reason is
- 15:33because it was so scattered, because they did change business models and you know,
- 15:39maybe like a little shiny objects syndrome, a little too unfocused. When
- 15:46you're going to start a business, whatever it is. You can decide that
- 15:50you want to start selling the flowers that you're growing in your front yard,
- 15:54or you can decide that you are going to introduce new financial models and disrupt
- 16:03the economy as you know it. Either direction, you need to know where
- 16:10you're going. You need to establish a strategy. You need to declare this
- 16:15is what I am and I'm not doing, and then you have to make
- 16:18sure that you build a really strong foundation because what I do know absolutely is
- 16:23that the market is going to shift and pivot. The products and services that
- 16:26you offer day one are not the same that you offer your five It's just
- 16:30any business, it doesn't matter what it is. However, the mechanics of
- 16:34how a business functions, specifically in the US economy, are steady state you're
- 16:41going to have the state. You're going to have to pay taxes every quarter.
- 16:42That's just the way that it goes, right. You're going to have
- 16:45to make sure that you have contracts in place with your third party providers because
- 16:51we like to sue people here in the United States. You know, there's
- 16:53a lot of you have to you have to manage your money. You need
- 16:56to know your data, you need to know how much money is coming in
- 16:59and how much money is There are foundational things that you need to really establish
- 17:03in order to have a successful business. And with that startup specifically, none
- 17:07of that was established. And it's okay day one, It's not okay day
- 17:14two hundred, yeah, you know. And so I think that's that makes
- 17:18the difference between a business that has a fighting chance at making it past year
- 17:23one and what's going to sink well before that. Okay, And we are
- 17:29going to get to your advice on all of that, because you are the
- 17:33like the go to resource for all of us who are trying to optimize and
- 17:38scale our own businesses. So we are going to get to that. But
- 17:41I want to before we dive into that, I want to get and dive
- 17:45a little bit more into your story because it's it's fascinating to me. So
- 17:51okay, I was just kind of getting like an idea of the timeline of
- 17:55what your career looked like, just so I can have it straight. So
- 17:59let's go to you being ultimately a whistle blower in this corporate tech business,
- 18:06the only woman at the top, well until the CEO came in. How
- 18:11old were the boys at this time? So the boys were nine, seven
- 18:18and five. How did you do it? Really? Just pure grit,
- 18:25one hundred percent. So from twenty sixteen, you know, So I had
- 18:30a three year old, three five and seven. Starting in twenty sixteen,
- 18:36I had a global position inside of that company, a global executive position.
- 18:38So I had always had this goal when I got into corporate world. I
- 18:41said, before I'm forty, I'm going to be a vice president. Rang
- 18:42the bell at thirty seven. It was great until it wasn't. And what
- 18:48that meant was, I was on an airplane three weeks out of the month.
- 18:52And when I say airplane, I mean I'm flying from San Francisco to
- 18:56Munich, Germany. That's a nine hour flight, even on a Sunday night.
- 19:00And then I'm coming home on a Thursday evening afternoon, so I'm literally
- 19:04like in the air for eighteen hours and on the ground from maybe seventy two.
- 19:08And I did that for eighteen months. So I had a three year
- 19:12old at the time, right that was the youngest one. I did that
- 19:15for eighteen months, and it required that period of time taught me exactly what
- 19:19it was going to require. I took another role later when I was home
- 19:22for about a year barely traveling, and then the travel started. It repeated
- 19:25itself, except I was doing it domestically until COVID hit. So I had
- 19:30about a four year period where I was on the road three weeksut of the
- 19:33month for at least ten months of the year. And all that it equated
- 19:37to was having massive systems in place and a massive amount of organization. And
- 19:47my husband at the time stayed home, but to be clear, he was
- 19:51not helpful, and so while there was an adult supervision, I guess nobody
- 19:57was going to burn the house down. I was still Saturday and Sunday making
- 20:03dinners for all of the nights that I was going to be gone. Because
- 20:06the kids knew how to microwave stuff so they could heat up their own food.
- 20:10I was ordering groceries once we were able to do that from the airport
- 20:15lounge, so that the groceries would be sitting on the doorstep when I got
- 20:17home, so I could put them away at midnight. I was arranging car
- 20:22pools and scheduling doctor's appointments to only happen on Fridays because those are the only
- 20:26days that I was home. And I had a system for everything, because
- 20:33I was basically living a single life of a mother that was on the road
- 20:37with a bunch of very small children and blocking and tackling somebody that wasn't being
- 20:42very helpful. And that's how we rolled, and that's how we did it.
- 20:47And the kids. Kids are resilient and they learn stuff. So like
- 20:51when mom would drive to school and she was on a call, they knew
- 20:53to be quiet. My kids are the only kids that on the way to
- 20:56school in the morning would be silent for forty minutes. Okay, do you
- 21:00give us a tip around that, because mine have not learned that trick yet.
- 21:06You know, I think that it comes to like treating them like humans
- 21:11and not. Oh right, so we had I mean, the running joke
- 21:17at preschool was that I was the only mom that could show up like in
- 21:21a full business suit and not end up with glue or paste or whatever on
- 21:26me. Because all I did was say to my kids, dry clean only,
- 21:30and they would back up like they knew they knew, right. So,
- 21:34and we explained that dry clean only means that it costs, like this
- 21:37is how much it costs every time you get your fingerpaint on Mom's pants,
- 21:41right, And so at a very early age, I had very direct conversations
- 21:45with them around mom has to work, and today that looks like Mom needs
- 21:48to be in a meeting while she takes you to school. And remember that
- 21:52when mom works, mom gets paid. And when mom gets paid, that
- 21:55means you get to play baseball. It means that you get to I don't
- 22:00know have all these movies in this closet because at the time we had DVDs
- 22:03in the house. I know that's not a thing anymore. You know,
- 22:06you get to you get to go to Disneyland literally whenever you want, because
- 22:10that was what we did. We went to Disneyland a lot. We live
- 22:11in California. It was easy to get to. But I always equated it
- 22:15to it's important that I can focus and that we can all attend to this
- 22:21meeting together because this is what it's going to enable in our lives. On
- 22:26the flip side, because again I was the only woman in most of these
- 22:30meetings, I would get into a call in the car and I'd be like,
- 22:34just so, y'all know, my three kids are in the car,
- 22:37so you are now having a Frank's family meeting, So you look like a
- 22:41seven year old to opine on your security measures. They're here. Just let
- 22:45me know and we're going to emboce you for any comments that they were.
- 22:49Yeah, it's now a five thousand dollars call. But treating them like humans
- 22:55from a really early age and allowing them in and understanding that work is good
- 22:59and that it delivers value into their lives that they can actually understand and feel
- 23:04is it made it really possible because then they understood the importance of what I
- 23:11was doing. And we also had a lot of conversations around respect like this
- 23:15person has taking time out to talk to me, I'm taking time out to
- 23:17talk to them, So we need to be respectful of the time that they're
- 23:18giving us. And this is what it looks like, and to this day
- 23:23they're great about it. All I have to do is say I'm in a
- 23:26meeting or hey, guys, I'm gonna be in a meeting in five minutes,
- 23:29and it's like ghost Town. It's that's really good. That's really good.
- 23:33I don't I don't paint the full picture. I mean, I think
- 23:37Cruz is getting to the age where he could understand that now before. I
- 23:41mean, you know, if it's just too complicated, but but I love
- 23:45I think that's actually a brilliant tip explaining, Hey, here's what's in it
- 23:48for you, Like let's be respectful, but also here's what you get out
- 23:52of this respect too. This is how it trickles down. So if you
- 23:56help me here, I'm gonna help you. You know, it's gonna it's
- 23:59gonna support you in the future. I think that that's brilliant. So the
- 24:03kids are very young, hubby is not helpful. I know there are listeners
- 24:11right now who unfortunately can relate to that too. I feel like, I
- 24:18mean, this is a generalization, but but I've heard mostly either one or
- 24:23another side. Either your your partner just gets it and they're the teammate,
- 24:29or they just don't. And there's very little in between. As far as
- 24:33like the women that I've worked with, so unfortunately, you come from a
- 24:37you know, a situation where your partner just wasn't helpful. How did you
- 24:44navigate that? Because you have to be not only are you a mom of
- 24:48these three boys, and you're clearly doing an amazing job. If they're listening
- 24:52to you, they're keeping their hands off like they get it, you know,
- 24:55like they they kind of it almost seems like they kind of took the
- 24:59role of a supportive partner in a sense. They might they probably sense that
- 25:03mom really needed them to have her back. But with these three young kids,
- 25:08you climbing this ladder with all of this responsibility in a role where you're
- 25:15traveling so often, you're one of the few women who get it. You
- 25:21don't have people that you can really talk to. How did you navigate,
- 25:23specifically having a partner who wasn't as supportive as you could have used in that
- 25:30time? That's it. It's a really important question because, like you,
- 25:37I think there's a lot of people that are living this reality right now and
- 25:41are carrying a ton of shame around it and don't want to speak out loud
- 25:47about what's really happening. So a few, a few things when I don't
- 25:55care how old you are when you get married. You tell yourself a fairy
- 25:59tale of how things are going to play out, and then life happens.
- 26:03It just is. I don't care if you I was twenty nine when I
- 26:08got married, I don't care if you're twenty two or forty five. Like
- 26:12you walk into that with rose colored glasses on and a fairy tale in your
- 26:15head. The thing that we do not recognize, especially as women, is
- 26:22that who they met is who we are, and we're going to continue to
- 26:29evolve, but that core DNA of who we are is never going to change.
- 26:32I had somebody say to me very early on. It was very early
- 26:34in this traveling period of time. They were trying to get me to move
- 26:37to Europe. Like people were flying out to meet with my husband to try
- 26:41to convince and move to Europe. I mean like there was like a full
- 26:42court press on trying to get us over there because that was kind of where
- 26:47the company was headquartered at the time and the most opportunity for me professionally,
- 26:51and he wasn't having it. And this woman who was a mentor for me
- 26:56for a very long time, we were sitting it was like midnight she had
- 26:59flown and we were in like a Denny's because it was the only thing open.
- 27:03And she cried at me and she said, did you just wake up
- 27:10one day a couple of years ago and become a high performer? And I
- 27:12said, what are you talking about? And she's like, he married somebody
- 27:17that strives for more. He married somebody that's a high performer. He married
- 27:21somebody that is going to bust through walls and ceilings and all of the things.
- 27:26That's who you were, you know. And one of the reasons that
- 27:30I had mentioned that I started, you know, working at fifteen or even
- 27:32earlier, is because that's who I was. I've been a hustler from the
- 27:34jump, and that I never hid that from him. But the thing is
- 27:38that when you get married and you tell yourself this fairy tale of how things
- 27:44are going to play out, sometimes you ignore who you really are. And
- 27:48so I tried to put on that whole entire costume. And that's that's what
- 27:53I refer to it as as best wife in the world, best homemaker in
- 27:57the world, best mom in the world, best corporate executive in the world.
- 28:02Right, Like I carried all of these costumes. I literally had a
- 28:04Massiveleuveton bag where all the costumes sat and depending on the situation, I put
- 28:08them on. And so for a very long time with him, I just
- 28:14ignored the fact that he wasn't being supportive. In my head, it was
- 28:18like, you expect me to be the house the homemaker and clean the house
- 28:22and do the dishes and have those meals prepared before I leave, and like,
- 28:26take care that I'm supposed to be making your life because you're the husband
- 28:30easier. And I literally went and he wasn't working at the time. He
- 28:34was not working at the time, so he was supposed to be the stay
- 28:38at home dad, right. We were supposed to be rewriting narratives. And
- 28:42one day I was on an airplane. I don't think I'll ever forget it,
- 28:45and I was, you know, managing all the schedules and stuff,
- 28:48and I'm like, this is not no, this is not what we're doing.
- 28:52And I got home and because he was a n idol and he was
- 28:56still up, and I said, listen, you decided you wanted to stay
- 28:59home and run this run this place, so you need to run this place
- 29:03here effectively, or all of the things that I'm delegating to you, and
- 29:08I'm not doing them anymore. I'd love to tell you that that worked well.
- 29:12It did not. But I had to kind of set a boundary for
- 29:17myself. So when you're asking hind of the question, like how do you
- 29:18navigate this unsupportive environment, I had to And it wasn't an ultimatum, but
- 29:23it was like, this is what I need from you, and if you
- 29:26can't give it to me, then things are just things are going to have
- 29:30to change. And he didn't step up, and he didn't do what I
- 29:33needed him to do and continue to be wholly confrontational, not even unsupportive,
- 29:38but confrontational about the strides I was making professionally. And I had to decide
- 29:45that his opinion didn't matter anymore. And I wasn't in a situation where I
- 29:51could I could leave the environment at the time, and there's a whole bunch
- 29:53of reasons for that. But I had to have a very big girl conversation
- 29:59with myself, say what do I want for my life? And if continuing
- 30:03to listen to his opinion and doing and pandering to his needs, is that
- 30:07going to get me where I want to go? And the answer was resounding
- 30:11no. And the direction he was sending me in was not going to give
- 30:15my kids the life that I wanted. It was going to create the humans
- 30:17that I wanted to create as humans. And so I had to make a
- 30:19decision and say, then I have to get on the path that's going to
- 30:23get me where I need to be and grow, where I can feel most
- 30:29fulfilled, and where I can ensure that I am raising good humans that are
- 30:33going to be productive in the world and beyond. And it's that is a
- 30:38hard decision to make. So you know, I'm not saying it lightly.
- 30:41And for those that are in this position, I know that what I just
- 30:42said is a whole bunch of scary things. But you've got to decide if
- 30:48you're going to fight for yourself, because if you're not going to fight for
- 30:52yourself, nobody is fighting for you. Mel Robbins says this over and over
- 30:56and over again, but nobody is coming. She's like super famous saying this,
- 31:00right, nobody is coming. If you want to achieve a fitness goal,
- 31:03you've got to do it yourself. If you want to lose weight,
- 31:04you got to do it yourself. If you want to make a million dollars,
- 31:07you've got to do yourself. And if you were in an environment where
- 31:11you are waiting for that partner to step up and support you and they have
- 31:14not demonstrated that they have the willingness to do it, they're not going to
- 31:18So what are you going to do? So that looked like I mean,
- 31:22I'm sure I can only imagine how that must have felt. Okay, so
- 31:26you have this opportunity to go to Europe. It sounds like you wanted to
- 31:30go. Your company clearly wanted you to go. Your husband was like,
- 31:34it's not happening. That's not what I want. Not only that he wasn't
- 31:37being supportive. You come home, you say, this is what we need
- 31:41to do. You need to meet me halfway. We need to be a
- 31:44team. Here, here's the support I need, and he resisted it wasn't
- 31:48happening. So at that point you just decided, like what was it?
- 31:55Just this thing like, Okay, I got to do this myself. I'm
- 31:57you. I'm sure you were faced with many decisions at that point. You
- 32:02couldn't like you said, he couldn't leave yet, but I'm sure there was
- 32:07a point where like should I leave my job? Should I back down or
- 32:13take you know, like a lower position or or a less stressful position.
- 32:17What do I do? And your decision was, I'm just going to do
- 32:21it all for a season. And you knew that that season it wouldn't be
- 32:24forever, but that's what you decided, Like you weren't willing to compromise on
- 32:29what you wanted for your boys their home life, nor were you willing to
- 32:32compromise on what you wanted as a career in them or as a career woman
- 32:37in that moment, Yeah, it was an and situation. This is what
- 32:39I want for myself, I love, this is what I want for my
- 32:43family, and this is what we're going to do. And then I attacked
- 32:45it like I do anything else. So we've got to figure out that the
- 32:49primary goal at that point was how do we get on secure enough financial footing
- 32:53because that guy loved to think that I was a money tree. In fact,
- 32:57my kids last night said mom is actually an acronym for made for money,
- 33:02made of money. Like I'm like, oh, gentlemen, let's have
- 33:06a conversation and we're carefulling, right, But that's you know, it's it's
- 33:08a that's that's a legacy of their dad's way of thinking. And so I
- 33:15just I built a plan and I said, so, what's priority number one?
- 33:17It's to get on stable financial footing, So how are we going to
- 33:21do that? And Ladies is going to scare the Holy but Jesus out of
- 33:23you. But I canceled all the credit cards. I literally I canceled every
- 33:27single one. And then I called a debt consolidation company even though I didn't
- 33:30need it, and I said, so, how do we make this work?
- 33:34And They're like, oh, you just don't pay your bills and then
- 33:36we start negotiating a settlement on your path. So I ended up paying significantly
- 33:38less and I were made in credit card debt. My credits were went into
- 33:42the toilet and I'm still building it out. But I literally was like you're
- 33:45cut off, dude, Like you're done. Wow, Like if I if
- 33:49the first thing I need to do was take over pure financial control and stop
- 33:52this runaway train which had us living paycheck to paycheck and bonus checked a bonus
- 33:58check and then like that cycle going over again. I'm just cutting you off,
- 34:01and by virtue, I'm cutting myself off because I'm the one that got
- 34:04punished for it with the credit score. But like we're just we're done,
- 34:08game over, game over? What was his response? What could he say?
- 34:15Because my response was go get a job, right, and that wasn't
- 34:20He just didn't want to do that. No he didn't because he hit hold.
- 34:23And this is we all do this. We told he had told himself
- 34:25a narrative that his role as a stay at home dad was too important and
- 34:29too necessary inside of our family structure to but he could order groceries or take
- 34:36the kids their doctor employments. What but that's I mean, that's a parent
- 34:39And this alley is this is I guarantee you that thousands of your listeners can
- 34:45be like, yeah, I get that. I know, like I know
- 34:47that. This is the reality of it. Nobody talks about it because it
- 34:51carries so much shame, you know. But I wasn't in a situation where
- 34:54I could afford to get a lawyer. I wasn't in a situation where I
- 34:57could afford to go get an apartment. I wasn't in a suation where I
- 35:00could do any of those things. And I was making multiple six figures a
- 35:01year. It wasn't like I was, you know, making twenty five k
- 35:05at Starbucks. But I had to take over control and so if I was
- 35:10going to live a life of and this is who I am and this is
- 35:15what I want for my family and etcetera, etcetera, etcetera, then I
- 35:19had to start saying no somewhere. And that was the first place that I
- 35:22started saying no. And how long ago was this? I feel like that
- 35:30was probably four years. Okay, Okay, so you're actively going through a
- 35:38divorce right now, just so we can tie this up in a bow.
- 35:44But I'm curious for anybody who and this is a complicated question, but you
- 35:51said a few minutes ago, you said who you marry is is who you
- 35:55marry or however you said that right, like the person you are when you
- 35:59got married is the person that you're going to be. We're all going to
- 36:00grow, we're all going to evolve, but the bones are there, the
- 36:02structure is there. So you married this person. It's not working out.
- 36:09If you could go back in time, and obviously, like this person gave
- 36:15me three beautiful boys, right, it happened for a reason. Okay,
- 36:21but if you were their red flags before you guys got married, that maybe
- 36:27you overlooked and maybe you would have made a different decision. Yeah, I
- 36:34mean fully transparently. We should have never gotten married. We are two very
- 36:40completely different people, and he had provided enough evidence very early on. I
- 36:45had known this this guy since I was fifteen years old. He sat behind
- 36:49me in my Spanish three class. And the way that I met him as
- 36:52he pulled my hair. And I'm not joking, like I could not stand
- 36:55him in high school, you know. And we just were not this We
- 37:00were not this wired the same at all. And I, because I know
- 37:07myself well enough, I was blinded by the goals that I had set because
- 37:12I didn't just set professional goals, I set personal goals. My twenty fifth
- 37:15birthday, did not get out of bed, did not get out of bed
- 37:17because I had been telling myself a story since I was five. But by
- 37:21twenty five, I was going to be married and I was going to a
- 37:22kid, and I had neither. Okay, so you were on a fast
- 37:25track to get married, to have the career, the husband, the family.
- 37:29Yeah, I mean, I grew up inside of a very big Catholic
- 37:34family. I live in the same town right now that I grew up in.
- 37:37And when I grew up here, we were like a farming community.
- 37:38We were known from being the chicken capital of the world. That was like
- 37:42our claim to fame. Right, everybody knew everybody. Everybody graduated from college,
- 37:45everybody moved back, everybody married each other. That was just how things
- 37:47played out. And as much as I had big city dreams and I had
- 37:51moved to the big city and I had come back and I had these big
- 37:54jobs and all those things, when you are a small human and you're goal
- 38:00oriented and you set those goals for yourself, they don't leave you. So
- 38:04I didn't even necessarily realize as I was going Looking back, I do,
- 38:07but as I was going through this, all I was doing was achieving the
- 38:10goals I had set for myself, just writing a program any means possible,
- 38:15and that the big personal goals were get married and have four kids. Literally
- 38:21that was I wanted four boys. I got three of them. That third
- 38:23pregnancy sucked, so the fourth. But like that's who I am. I
- 38:30am a high performer. I am a goal setter. I shoot for the
- 38:32stars and I get there every single time. And so yes, there were
- 38:37red flags, but I'll also say, is knowing him as I know him,
- 38:42a lot of the negative personality traits were not displayed to me. Because
- 38:46they were saved and given his gifts to his friends. So I got the
- 38:52best of him because the worst of him was directed that these people that he
- 38:55had known since he was a small kid and would take it. And then
- 39:00when they became adults and they didn't want to take it anymore, I became
- 39:04the only audience. And so there definitely was an awakening period where I was
- 39:07like who, like who are you? Like? Why are you? You
- 39:10know? I can vividly remember and this happened over and over and over again,
- 39:14where I would say, like, I don't allow people to talk to
- 39:17me the way that you're talking to me right now, Like in my grown
- 39:21up, big person world that's not inside this house, nobody gets to talk
- 39:24to me this way. So I don't know why you think that you get
- 39:27to talk to me this way. I mean, we would literally have these
- 39:30conversations, and so I picked wrong. I should have never married him,
- 39:32I should have never gotten into the environment. And I was purely driven by
- 39:39the need to achieve a goal that I had set, without the maturity to
- 39:45understand that sometimes how you achieve the goal is much more important than actually achieving
- 39:52the goal. That's powerful. How you achieved the goal, the journey,
- 39:58the path toward the goal is more important than achieving the goal itself. That's
- 40:04really powerful. Yeah, yeah, and this this idea, because we all
- 40:09do this on some level until we have the awareness that we're doing it.
- 40:14What program did we pick up from Disney? From you know, whatever religion
- 40:21you were raised on, your parents or whatever, what was downloaded into your
- 40:25psyche as something that you needed or should strive for that you blindly are running
- 40:34toward or barreling toward that you don't even really want, or maybe you want
- 40:37it, but not necessarily in that way, right, Or you're telling yourself
- 40:42some limiting story that it's this person or nothing, it's by this time or
- 40:46not, it's by it has got to be this perfect amount, this perfect
- 40:51job, or whatever, and that level of control is so stifling and limiting.
- 40:59So thank you so much for sharing that with us, because what you're
- 41:02going through, I mean, I had a close seat in view to you
- 41:08know, the last few months of you navigating a divorce, and it was
- 41:15really painful to watch. And I can imagine, you know, with a
- 41:19family and all and so much time invested in history. Obviously, it's not
- 41:24easy regardless of your situation, but especially with yours, and I respect you
- 41:30so much from making that decision for your family and for yourself and how you've
- 41:35come this far with such frustrating or lack of support. Frustrating lack of support.
- 41:45So thank you for sharing that with us when we're talking about this programming
- 41:52and these goals that we all kind of set for ourselves. So you got
- 41:59married, you ended up c suite exec working for this company. It sounds
- 42:07like you kind of burn yourself out a little bit and then you were able
- 42:09to pivot pretty drastically. I'm going to ask you the same question as I
- 42:15did with your husband, if you could go back, and for anybody listening
- 42:22who is currently in corporate or who wants to remain in corporate, if you
- 42:25could do anything different related to your corporate career, what would that look like.
- 42:32So one of the things that I was known for, very very early
- 42:39was being the one that would run into the fire when everybody else was running
- 42:45out. Like if there was a massive chaos, business is failing, everybody's
- 42:52getting fired, whatever, I would be the one that would get called and
- 42:55I say, do you want in? You want to help? You want
- 42:59to turn it around? And I always said yes. I was always up
- 43:04for the challenge, and I built my career by being known for somebody that
- 43:09could see the big vision through all of the chaos and the noise inspire others
- 43:16to act even when it wasn't clear if the results were going to yield what
- 43:21we want, and to be incredibly decisive and deliver results right, that was
- 43:27what I was known for and it built my career based on that. I
- 43:30was a problem solver. You could literally put me in any any situation and
- 43:36I would find the people that could help me, and then we would we
- 43:38would get stuff done. And I think what I lost sight of as I
- 43:44moved up the ladder was there was this push and pull between doing this sort
- 43:49of work that I loved, which was helping organizations transform themselves, helping to
- 43:57you know, save the ship whatever it might be, kind of in the
- 44:00fire, and what was expected of me to continue to proceed up the next
- 44:06level of hierarchy. And so looking back, the roles that I was in
- 44:14the shortest amount of time, or that I was hatching escape plans for before
- 44:19I even started them, were ones that I chose purely because it was going
- 44:22to advance my career. It was going to change the title on my business
- 44:25card. It was going to give me what I perceived to be gravitas.
- 44:30And what I have realized now is that how you treat people and the relationships
- 44:37that you build and your track record for performance is what matters most. And
- 44:47you can put Honestly, you can put whatever job title you want on your
- 44:52LinkedIn entry or your resume or a business card that you print out. Nobody
- 44:57fact checks that. But what you can to replace is your actual experience,
- 45:02how much time you spent doing things that you love, how much growth and
- 45:07excellence you've achieved by doing things that you enjoy. And if I had spent
- 45:10more time focused on that, you know, I may not have left the
- 45:17corporate structure to go to a startup. Maybe I would still be inside doing
- 45:21those things. But what I can say is that now that I look at
- 45:23any opportunity. I had a recruiter laugh at me the other day because I
- 45:28was actually like, I'm like, I don't care what the title is.
- 45:30I care what the work is, the people that I'm working with, and
- 45:32how much you're going to pay me for it, And they're like, but
- 45:36you're a C suite executive and I'm like, that doesn't mean anything. I'm
- 45:40the CEO of my household. I mean, we throw around the term CEO
- 45:45and it fill in the blank all of the time. And so I think
- 45:49for those that are in corporate, want to stay in corporate, don't see
- 45:52a way out of corporate, or trying to do some sort of side hustle,
- 45:53but aren't really sure if that's the thing. What you need to really
- 45:57be clear about, what you need to get quiet about. You need to
- 46:00spend time really getting specific about is what lights you up? What do you
- 46:05love to do? And not I love to fill in an Excel spreadsheet,
- 46:09but it's what sort of work do you like to do? What sort of
- 46:12impact do you like to have? When you describe what you do to somebody
- 46:16that knows nothing about what you do, What adjectives and words are you using
- 46:22that not only describe how you're showing up, but how you're working and how
- 46:25you're interacting with other people. And I think once you get really clear on
- 46:29that, where you work doesn't matter so much because it's all about what you're
- 46:34doing and how you're spending your time. So drop the ego. It's I
- 46:38mean, titles are great. And if you find a job that has the
- 46:43trifecta of the title and the pay and the work that you love to do,
- 46:45congratulations you've made it. But if it doesn't, what I'm hearing you
- 46:51say is so much more important than the title than what it looks on a
- 46:54resume is the fulfillment. Of course, pay is very important, but more
- 47:01so the relationships that you have and maintain, and then also that level of
- 47:07fulfillment in the job. Okay, cool, that's helpful, thank you.
- 47:12So what or where on your path did you decide to dip your toe in
- 47:17to entrepreneurship and what led you to that decision, because it's so fascinating to
- 47:24me because the last thing you need are more things on your plate. And
- 47:29here you are. You have a business, you have like well, multiple
- 47:36different types of things going on, you have a podcast, you have these
- 47:38three boys. I mean, there are so many things that you manage and
- 47:43that you take on. So I would love to hear what led you to
- 47:45the decision to take on another thing as big as entrepreneurship. I mean,
- 47:52what else am I going to do? No? Initially it was like it
- 48:00was necessary, right, So I think we all I mean not we all
- 48:02many women specifically have a journey into network marketing that takes them as far or
- 48:09as little as they want to go. And the pandemic hit and I was
- 48:15crazy bored. I was in a house to somebody that I didn't really like
- 48:20being around and had a very different schedule than I did. I was used
- 48:23to being on the road all the time, or in an office or like,
- 48:27and all of a sudden, it was in my house, or if
- 48:29I wasn't in my house, I was in an office, but it was
- 48:30silent. And I was the lead champion of eight hour work days because I
- 48:36didn't want people killing themselves. So I had all of this time on my
- 48:39hands because I wasn't sitting in an airport or on an airplane or doing anything.
- 48:44And so I fell into network marketing partially to fill my time because I
- 48:47was bored and I needed something productive to do, and hey, let's make
- 48:52some money. And you know, the money tree was not dropping leaves like
- 48:57crazy, so it was helpful. And then I realized, like, this
- 49:00really isn't my jam. Like it's great for the people that are successful at
- 49:04it and enjoy doing it, but it just really wasn't how I wanted to
- 49:07spend my time. What I did, however, though, is learn a
- 49:09ton of skills. So I started learning a ton of things that I would
- 49:15have never learned inside of a corporation. I learned all about social media strategy,
- 49:17and I learned about all these tools that are out there on how to
- 49:21use these things. And I learned how to use my platform and that I
- 49:24could. I always say, give me a microphone and a stage, and
- 49:29you know, I'll keep you entertained for days on end. And so I
- 49:30all of a sudden had this platform where I could communicate and share what I
- 49:35knew, and it was really enjoyable. So the next thing I said was
- 49:37how can I monetize it? And so then I just started playing around with
- 49:40things because you know, I joked initially with what else am I going to
- 49:45do? But it was kind of that I'm not somebody that's going to sit
- 49:49around and watch Netflix for days on end. It's just not who I am.
- 49:53And so I had an opportunity to say, well, how can I
- 49:57grow and develop? What can I learn? How can I monetize it?
- 50:00What can I do with it? And really have been running experiments since April
- 50:05of twenty twenty with what can I do? What can I learn now?
- 50:09How can I convert it into something that could potentially make money? And you
- 50:13know, where do we want to go? It was never and still to
- 50:16this day, is not necessarily intention to retire myself or to replace my corporate
- 50:23income or do any of those things. But I have time. I know
- 50:27it doesn't sound like I do with all of the children and all the things,
- 50:30but there's time, and I'm using to spend my time to help other
- 50:34people in their businesses and to continue to educate and grow myself personally and professionally.
- 50:39I'm not choosing to use my time by staying up to date on whatever
- 50:45it is you people are watching streaming platforms. You mean you're not up to
- 50:52speed on Kyle Richards and Derey and My Housewives of Beverly Hills and what's going
- 50:58on there? Mauricio and Kyle? Are they together? Are they not come
- 51:01on the Bravo? So the one, the one thing that I'll carve a
- 51:06smage of time out for is that. But you know, even then,
- 51:09you know I'm not We're probably two weeks behind. You know, it's like
- 51:14an hour here, an hour there, a week it's not. There's so
- 51:17much time if you actually look at your I actually just recorded a whole gass
- 51:22that dropped this week that like, we have so much time that we waste
- 51:25every day. I ran a little bit of an experiment with myself when my
- 51:30life changed and I had to be more available for the kids, and I
- 51:31said, Okay, so I'm going to stop working nine hours a day and
- 51:36I'm going to start working six. Guess what, I was still delivering the
- 51:40exact same results in the exact same timeframe, and I was working three hours
- 51:45less. So then I said, well, I wonder what happens if I
- 51:47work four You know what, still is productive, still delivering the same results
- 51:53on the same timeline. But now all of a sudden, I had five
- 51:58hours a day extra. That's twenty five hours a week. Yeah, of
- 52:04course I can have a side hustle. If I can carve out twenty five
- 52:07extra hours a week, you know, it's a no brainer. So for
- 52:12me, it was just how can I use the time to the best best
- 52:15way possible? And what you just said is so true. By the way,
- 52:19this is why I'm such a proponent for when you kind of like know
- 52:24what you're doing for online business, and you know how to create offers and
- 52:28you know, like the foundational things that you need to do go, Like
- 52:31when you get an idea, put it out there. I'm such a proponent
- 52:36for like stop overthinking and put the thing out and like just freaking go because
- 52:40I've done it the other way we all have where you give yourself a week
- 52:45to iron out something and to get all the details, and it's like,
- 52:49you don't need a freaking week, you need an hour, an hour of
- 52:52focused attention in deciding I'm going to get this done in an hour versus and
- 52:59if you can yourself all that time, you're going to give yourself that time
- 53:02and it's not going to be spent wisely. So that's a fantastic tip.
- 53:07And I encourage everybody listening right now to test that yourself. What in your
- 53:13job in your business is taking up X amount of hours and test out.
- 53:16I love going from from nine to six or you know, four hours to
- 53:21two hours or whatever, because it's it's very gratifying and exciting. And then
- 53:27yeah, magically, now you have half day or a quarter of day or
- 53:30even an extra hour to devote to your health, your well, you know,
- 53:34whatever you want to do, so that's really powerful. Another powerful thing
- 53:38that I'm noticing, like kind of a theme in your world too, that
- 53:43I just want to highlight before we go, because I really want to pick
- 53:45your brain on small business tips and I want to shift gears there. But
- 53:51one thing that I want to highlight too is this idea that some things in
- 53:57life are meant to be stepping stones, not where you live and plant roots.
- 54:01And it sounds like you've really mastered this. There are things that come
- 54:07into your life to shape you, to give you wisdom, they're not meant
- 54:10to stay forever, whether it's a person, whether it's a situation, a
- 54:14job, whatever. And some of us, I think, some people that
- 54:19look at themselves as fiercely loyal. I can say this because this I'm one
- 54:23of these people where you that loyalty is almost to your detriment, and you
- 54:29hold on to things and people in situations for too long versus allowing it life
- 54:36to flow right, It's that controlling. So I just want to highlight and
- 54:39applaud you for I mean, I'm sure it hasn't been perfect, but it
- 54:44seems like you know, in the corporate space and then this business and even
- 54:49your your marriage which is hard. It's a hard pill to swallow obviously for
- 54:52you in the situation, for other people to hear. Sometimes we marry the
- 54:59wrong one guy. It happens, and you're much better off owning it obviously,
- 55:06like do what you need to do, try, but like, if
- 55:08it's not going anywhere, do what you got to do, and don't make
- 55:14yourself a bad person for doing that for yourself. So I just want to
- 55:19highlight that because I think that if more of us allowed that level of flexibility
- 55:24and understanding in our life and ask yourself that question, is is this a
- 55:30forever thing or is this just a stepping stone to the next thing, we'd
- 55:34be able to grow a lot faster and probably be happier. Would you agree?
- 55:37I agree completely. And one of the things that was coming to mind
- 55:42is just because you outgrow something doesn't mean that you've failed. And I think
- 55:45that we get ourselves so wrapped up in failure. Like one of the things
- 55:49that I teach my children all the time is take accountability, Like just own
- 55:52it. It doesn't mean you're a bad person. It maybe means you made
- 55:57a bad decision, but just own it and move on. And we have
- 56:01to find a way consistently to take accountability for the decisions that we make,
- 56:07the moves that we do or don't make, own it, give ourselves some
- 56:10grace, and then just move on. There is no shame in saying this
- 56:16once served me and now no longer does. Thank you so much, it
- 56:21gave me all of these great things. This is what I learned. Even
- 56:23if it was a colossal, you know, firestorm or whatever it was,
- 56:28you still have something good that came from it. So take it and own
- 56:30it and move on. One of the things that I see women do constantly
- 56:36is apologize. They just like a I am so sorry, Like you know
- 56:39those people that say they're sorry to their own shadow, you know, when
- 56:43they're walking around the house. And I think it really comes down to just
- 56:49not wanting to admit that sometimes we pick wrong and sometimes we do something wrong,
- 56:55and there's no shame in it. It's just a matter of take accountability,
- 56:59move on, and you're not a failure. You can pick yourself back
- 57:01up. You're gonna be fine, You really are. Yeah, because when
- 57:05you're not busy shaming yourself for being human and choosing wrong. And we could
- 57:10even play with the idea of like there's no wrong choice, because it leads
- 57:14you to the next thing if you allow it to. You know, so
- 57:17like when you're not shaming yourself and you're able to take accountability, now we're
- 57:22able to extract the wisdom from this situation that wasn't a forever thing, so
- 57:25you can go find the next thing or the forever or whatever. So I
- 57:30just think that that's gold. So thank you for being open and sharing that
- 57:35with us. Okay, let's switch gears. Okay, let's talk business business
- 57:39baby. Okay. So currently what you're doing is as far as like your
- 57:46current business is. You're playing this what you're calling an on call COO.
- 57:52Right, so you you have all of this experience obviously from corporate and a
- 57:58lot of other things that you didn't highlight in the show. But you know
- 58:01business, you know small business especially, I mean you know all business,
- 58:07but especially small business and how to optimize and scale it. So, first
- 58:10and foremost, what do you consider a small business? So I think that
- 58:16there's there's degrees of small business. There's a way that IRS codes you.
- 58:21So anything under one hundred and eighty million it's small business, just in case
- 58:27you're wondering. So, oh, so there's all right, all of us
- 58:32here, but I I feed business and tranches. So there are the companies
- 58:38that are on the road to a million, and then there are companies that
- 58:43are sitting in the one to three space, and then you have about three
- 58:46to ten and then is this annually annually? Yeah, So so really what
- 58:52we're talking about when I say that, and you you point out a good
- 58:57note, like my niche of businesses rain is from zero to seven hundred and
- 59:01fifty million, So like that's really and it's a big band. And what
- 59:06I have the ability to do is understand what that billion dollar company needs to
- 59:12have from an operations perspective, and then can break it down to bite sized
- 59:15pieces to the business that literally just got their incorporation documents from the irs and
- 59:22the stake and are starting to sell their first product. And I can break
- 59:27it down to that, if you want to get to a billion one day,
- 59:29if you want to get to a million one day, if you want
- 59:30to get a five million, whatever it might be, these are the things
- 59:34that you need to have and when you need to have them in place to
- 59:37ensure a solid foundation, to ensure that once you build, you can optimize,
- 59:42to ensure that once you optimize, you can actually scale, and you
- 59:49don't. I'm very famous for saying this, and everybody that holds a C
- 59:52suite title always cringes when I say this, But a business doesn't really need
- 59:57anybody that's the chief of something until they're at about five million, and then
- 1:00:02really what that is is a chief of sales. Okay. So, and
- 1:00:09it's it gets very unpopular because everybody loves to call them the cheat themselves a
- 1:00:14chief of something. But the thing is that until you get above five million,
- 1:00:22you need experts. You need people that can help you execute and help
- 1:00:24you operate your business at all of You need somebody that can operate marketing,
- 1:00:29you need somebody that can operate fulfillment. If you have actual products, you
- 1:00:31need somebody that can they can actually operate your business and pay payroll and do
- 1:00:35all those things. But you don't need somebody that's got that chief title because
- 1:00:38they're really there to talk big vision and big picture of big strategy. And
- 1:00:43so the reason that I call myself a non call COEO is because I come
- 1:00:46in and you, just like an on call doctor, you call me when
- 1:00:50you need something. Hey, we're about to hire employees. What do we
- 1:00:53need to do currently, this is what I'm doing with a startup. We're
- 1:00:57running payroll for the first time today. Right, they just hired their first
- 1:01:00employees this month, So how do we do payroll? How do we create
- 1:01:04an employment contract? What else do we need to do? Oh, we
- 1:01:07need a holiday schedule so we can communicate to the employees when there's paid holidays.
- 1:01:12You know. I come in they said, we're ready to hire employees.
- 1:01:15Can you please help us figure out what to do? And that's what
- 1:01:16we did. Right. I'm not here forty hours a week. They're not
- 1:01:21paying me my humongous salary that I would normally make as a C suite executive,
- 1:01:25but they're bringing me in to help them define, optimize, and scale
- 1:01:31their business based on something specific that they have. Yeah, because nobody knows
- 1:01:37how to do that stuff. No, I mean, and furthermore, a
- 1:01:40lot of us are creatives, right, So like that makes me. I
- 1:01:44mean, just hearing you talk, I'm like glazing over. I'm like,
- 1:01:46oh, you know, like drolling out of them, Like, well,
- 1:01:49I don't you're speaking another language talk, you know, talk creative to me.
- 1:01:53I don't know what you're saying. So I love that you have this
- 1:01:59this very legs strategic brain that can come in and support and I want,
- 1:02:04like you creatives out there, you need to call Melissa because she has strategy
- 1:02:07calls. Right now. Okay, I'm going to be hiring Melissa, surprise,
- 1:02:10I'm telling you here, but this is what we need because if that's
- 1:02:15not your wheelhouse, if you don't think in that way, or you don't
- 1:02:19want to because you want to stay in your lane, you don't necessarily And
- 1:02:22I thank you for saying that we don't need to be hiring coos and CEOs
- 1:02:29and CFOs if we haven't freaking cracked six freaking figures yet, let alone a
- 1:02:35million, let alone four. I think that that's incredible advice because you hear
- 1:02:40a lot of chatter and a lot and it's all ego right, it's like,
- 1:02:44oh well, my CFO, let me, let me And it's like,
- 1:02:46wait, we don't even need that, which I think takes a lot
- 1:02:50of pressure off of us who are just trying to do what we love,
- 1:02:53but become more successful at that in terms of revenue, in terms of impact.
- 1:03:00So, speaking of hiring, if somebody is a solopreneur right now,
- 1:03:06or maybe they have a few contractors, who do you recommend being the first
- 1:03:12employee hire? And I realize all businesses are different, but I don't know
- 1:03:15if there's like a general answer or some direction you can lead us. So
- 1:03:22often what I recommend there's a few ways of looking at this. And I
- 1:03:27want to tea back off to the CEO comment that you made. There is
- 1:03:31no shame in a founder or an owner of a business saying that they are
- 1:03:36not the CEO. They're two very different things. The best thing that you
- 1:03:39can do for yourself right now is go google what the responsibilities are of a
- 1:03:44CEO and say do I want to do that? All day long? Because
- 1:03:45I'm guaranteeing you that most creatives are going to say, no, I don't
- 1:03:49want to do that. That sucks, It sounds super boring. I'm glazing
- 1:03:52over. So don't carry shame. Call yourself a founder, call yourself the
- 1:03:55owner. You don't have to call yourself the CEO. And as far as
- 1:03:59the or hire goes, what I recommend is that for businesses that have clients
- 1:04:09and spoiler alert, whether you're a direct to consumer or your business to business,
- 1:04:12you all have clients that your very first hire is somebody that supports customer
- 1:04:17success because what is going to make or break your business is client retention and
- 1:04:24referrals. When you are small, the majority of your new business comes because
- 1:04:29somebody had an excellent experience and they tell somebody else you can, and you
- 1:04:32know, all of everybody's going to come at me right now. You can
- 1:04:35pay for ads on Instagram and Facebook, you can do the best reels and
- 1:04:41YouTube videos and tiktoks, and you can dance your heart out. The bottom
- 1:04:45line is that your credibility comes from people, real people, real life people
- 1:04:49that know you and are willing to tell other people to come talk to you
- 1:04:55straight fact. That's I mean, that's the way that it goes. And
- 1:04:59the way that you keep them tighten in your circle is by blowing their mind
- 1:05:01with customer experience. If you can pay somebody, I don't know thirty grand
- 1:05:06fifty grand a year and they white glove experience, every single business and every
- 1:05:12single human that comes into contact with you, nobody's gonna leave. Everybody's going
- 1:05:16to be talking about how amazing you are. It's never a waste of money
- 1:05:19to invest in how you're servicing your people. Ever, Oh my gosh,
- 1:05:23that's such good advice and you're so right, right. I think as creatives
- 1:05:29we get in this weird experience because if you're in a specific industry, you
- 1:05:35know who else is in your industry, and you're probably following a lot of
- 1:05:39them, and it feels like you're a diamond dozen and you are. But
- 1:05:43like the person who's following you or the person who chooses to work with you,
- 1:05:48you could be the one person that they go to for that specific thing
- 1:05:53forever, right, like if you're a business coach or you're a mindset coach
- 1:05:58or whatever, like people need at all levels, and if you do a
- 1:06:01good job with that first interaction, you can be the one for that specific
- 1:06:05thing that you're offering. But if you fumble the ball because you're trying to
- 1:06:09do it all yourself and you don't get back to messages and people have issues
- 1:06:14and they can't get a hold of you or they can't log into their stuff,
- 1:06:16then they're just going to say this is too difficult. I'm moving on
- 1:06:19to so and so who also shares the same information one hundred percent. And
- 1:06:25I think one of the things that is most often overlooked about the importance of
- 1:06:29customer success is that if they're doing it well. They're in conversation with the
- 1:06:32clients and businesses that you support, and they are learning the other problems that
- 1:06:36they're having. So if you are in the business where you want to continue
- 1:06:40to introduce new offers, you want to introduce new products, you want to
- 1:06:42solve bigger and different problems, you're getting that from your customer success person because
- 1:06:46they're in real, live conversations helping them solve one problem and they're also hearing
- 1:06:51about something else that they're suffering with. And in some cases it might be
- 1:06:55we're not going to do that. That's not a vertical that we're going to
- 1:06:57go into. But you know what, we know somebody that you should go
- 1:07:00talk to. And by solving a problem for them, by just giving them
- 1:07:03a referral, you've retained the client. And so the value is two fold
- 1:07:10in that customer success So yes, of course you get to retain them,
- 1:07:12but they're also giving you a ton of information about what your competitors are doing,
- 1:07:15what other problems they're having. They can help you differentiate your business much
- 1:07:20faster if you have a customer success person keed in and having actual, real
- 1:07:25relationship building conversations as they come, be rueful beautiful. Okay, so customer
- 1:07:30success, what would be is there a second hire that would come naturally after
- 1:07:34that? You definitely need somebody that's an operator within your business. So notice
- 1:07:40I say operator and not chief operating officer. So you need somebody that's going
- 1:07:44to do the things that are going to ensure that you don't seek your business.
- 1:07:48So they are going to be receiving every invoice that you get and ensuring
- 1:07:53it gets paid on time. Most of the small businesses that I see on
- 1:07:58average are paying twenty five percent more for services than they should because they're paying
- 1:08:02late fees, or they're paying those invoices on credit cards, and then they're
- 1:08:08not paying off their credit card balance and they're paying interest. These are easy
- 1:08:12problems to solve. The operator also makes sure it's totally boring you guys,
- 1:08:17but they make sure that everything in the business is running correctly. They make
- 1:08:23sure that emails aren't bouncing, they make sure that meetings are happening, they
- 1:08:27make sure that contracts are getting signed. They will remind you, as the
- 1:08:30business owner, Hey, this freelancer you hired for three months in their contract
- 1:08:33expires tomorrow. What are you going to do? The operator is the one
- 1:08:39that makes sure that all of the cogs in the machine are oiled and they're
- 1:08:43running smoothly. And it allows the owner, it allows the creative, It
- 1:08:46allows the person at the forefront to focus on what they're best at, which
- 1:08:51is generally product sales, marketing, and client engagement, and they don't have
- 1:08:58to worry about all of the knits and nats that's required in order to make
- 1:09:01sure business is running. Got it okay? Anything else you want to add
- 1:09:06around hiring? Any advice for anybody who What about the person listening who is
- 1:09:15feeling trepidacious about hiring and they're worried about spending the money. They think that
- 1:09:20they can handle it themselves. What advice would you give? Is there a
- 1:09:25certain level that you think somebody needs to bring on that first layer of support.
- 1:09:30So there's a few things. The first thing that I'll say is for
- 1:09:34all small businesses, I recommend you don't hire an employee first. You hire
- 1:09:38a contractor first, or a freelancer, and you hire them for a three
- 1:09:43month period and whatever work you give them, what you want to do is
- 1:09:46make sure that by giving them that work, you're actually getting the result that
- 1:09:49you want. So the way that you figure out who that should be is
- 1:09:54very brass tacks. What do you hate doing and what can you hand somebody
- 1:09:58that you never have to think about it again. If it's going to require
- 1:10:01you to you know, write copy or to proof read or double check for
- 1:10:08the whole duration of the contract, that's not the right thing to delegate.
- 1:10:10This is literally like I can give this to you and I don't have to
- 1:10:13think, I don't have to think about it unless there's a problem, of
- 1:10:15course, But I can hand this over to you and you will have a
- 1:10:17long list of administrative things. You'll have a long list of maybe other things
- 1:10:20that you you know, like I'll write copy all day, but I don't
- 1:10:24want to sit in Canva and create graphics. Right, That's something you can
- 1:10:27delegate, So so contractor before employee always, And that's not only to do
- 1:10:34it's to verify that you need the role, and it's also to make sure
- 1:10:38that you have the right fit, the right person. Yes, the second
- 1:10:41thing is handing off things that are going to actually free up your time.
- 1:10:44So this is your proof of concept period to say if I give these things
- 1:10:46to somebody else, is actually going to give me time back to do the
- 1:10:48things that I really need to focus on to move the business forward. If
- 1:10:51it doesn't do that, then you've missed the mark and you need to try
- 1:10:54again. Let the contractor go start over, go again. Once you've confirmed
- 1:10:59that you have the right things, you've been able to hand them off to
- 1:11:02somebody successfully, you know how much time it's going to take, then you
- 1:11:06can hire the employee. What I do need to call out in all of
- 1:11:11these scenarios, contractor employee is that you always need to have a legal agreement
- 1:11:15between the two of you, between your company and their company, or your
- 1:11:19company and the individual, specifying the terms and conditions of the relationship, how
- 1:11:25much you're going to pay them, how you can terminate if they do not
- 1:11:29deliver. And there's a lot of in some of my consulting arrangements, I
- 1:11:33do this for people on their behalf. That's one of the things I'm doing
- 1:11:35for a client right now. But you do not ever agree to pay somebody
- 1:11:41for work until you have a contract. Just don't do it, Okay,
- 1:11:45it's you will end up at some point not getting what you wanted and having
- 1:11:50to pay for it anyway. Got it. That's huge advice I've never heard
- 1:11:55anybody give that advice before ever. So then would you recommend because you said
- 1:12:00that you can do it, you would just need somebody in your corner who
- 1:12:03can support you in writing up that contract. Or do you recommend having a
- 1:12:09lawyer as a small business, you know, in the background somewhere for certain
- 1:12:15specific purposes. So I'm definitely not a lawyer, So I should preface that
- 1:12:19advice I'm giving right now is based in my work experience. But what I
- 1:12:24can say is that small businesses can get themselves into a lot of trouble sometimes
- 1:12:29by hiring high priced external resources a CPA when you really need a bookkeeper if
- 1:12:38I don't need a CPA because they're different, and a general counsel. And
- 1:12:44so what I recommend most often small businesses, all you need is boilerplate templates
- 1:12:49for things to get through, and legal Zoom is a great resource for that.
- 1:12:55And if you are a creative and you're like, I don't understand,
- 1:12:58like this is Greek and I don't understand what this is, and what you
- 1:13:00can do is you can hire somebody at a significantly lower rate, like somebody
- 1:13:03like me that will say I understand all these things are structured. We're going
- 1:13:08to use an already lawyer approved template, and this is how we're going to
- 1:13:11make this go forward and make sure it looks great. On the flip side,
- 1:13:14often people when they don't understand contracts or they get a notice in the
- 1:13:16mail, they will pay their attorney five hundred dollars an hour to tell them
- 1:13:19it's no big deal, don't worry about it, or here, let me
- 1:13:24draft an email on your behalf or whatever, when they don't really need them.
- 1:13:27And the current business that I'm working for has probably spent fifty percent more
- 1:13:31in legal fees, and they needed to because the founder is not well versed
- 1:13:36in the topics, whereas somebody like I am, who can read the documents,
- 1:13:42who can register your business with the Secretary of State, who can do
- 1:13:45any of those things. You're paying a fraction on the dollar, so you
- 1:13:48just need to Lawyers are good. Yes, CPAs are good. Yes,
- 1:13:51you just need to make sure that you're only using them when you absolutely have
- 1:13:56to. Got it beautiful, that is? I mean we should come back
- 1:14:02and do a whole episode just on I like step by step hiring, because
- 1:14:08I know, I mean, I'm like soaking it in. I'm gonna go
- 1:14:11back and listen like, okay, okay, first customer service got it,
- 1:14:14but but I know so many other people. So I mean, just what
- 1:14:16you shared is game changing. So thank you for that. I ask my
- 1:14:20next question for you would be what do you see because we've already talked about
- 1:14:26hiring, and I know we can make a lot of mistakes there, but
- 1:14:30what are some other big common mistakes that you see small business owners making early
- 1:14:36on when their goal truly is they're taking their business seriously. They want to
- 1:14:42get to seven figures and beyond. But where do people trip themselves up?
- 1:14:46That you see? So it's in two lanes and they're very similar. I
- 1:14:53see a lot of business owners buy a bunch of tools very early. I'm
- 1:14:57gonna automate this thing, I'm gonna buy that thing. Tools are expensive often
- 1:15:02there's redundancies and their capabilities, and when you're small, you pay the most
- 1:15:10money that you'll pay for a tool. The bigger you get, the more
- 1:15:12negotiating power and leverage you have, so you can actually call a company and
- 1:15:16say, I understand that this is how much it is per seat, but
- 1:15:20you know what can we negotiate and they will always give you a discount.
- 1:15:24You have to be big enough to do that, right. So tools is
- 1:15:26one of them. And what that goes hand in hand with is that when
- 1:15:29you start automating things, you lose your ability to tell what's real and what's
- 1:15:34not real. And so data and metrics are going to tell you actually how
- 1:15:39your business is performing. So one of the things that business owners most often
- 1:15:44don't want to do because it's not sexy and it's hard and it's math and
- 1:15:47it's all the things, is determine what key performance indicators are going to use
- 1:15:53to measure their entire business. I know, I know, but the data
- 1:16:00doesn't lie because you want to get right. I mean, Kelly, if
- 1:16:03we use some examples that you gave, like if you had really tracked data
- 1:16:10a specific level for offers that you sold for two weeks versus when you took
- 1:16:15that same offer and sold it for seven days, right, and you can
- 1:16:18see how many dms am I getting day one, how many DMSM I getting
- 1:16:21day too? When do people start to buy right, Like, how do
- 1:16:24we you were able to compare over and over, you'd be able to see,
- 1:16:28well, for an offer this size that gives us transformation seven days is
- 1:16:33the right selling period fourteen days is a waste of my time or vice versa
- 1:16:36right, whatever it might be. If you start to track metrics and data,
- 1:16:42then you can determine how to bring offers into the world. You can
- 1:16:46determine what the right timing is to introduce products. Even over time, you're
- 1:16:50able to see, like, we should never launch a product in December because
- 1:16:54nobody wants to buy. These things are all over on Amazon watching the Deal
- 1:16:57of the Day right like you. You can really start to see those things,
- 1:17:00but often businesses don't. Metrics are not sexy. They really are not,
- 1:17:04but they are what will make or break your business. I think they're
- 1:17:09sexy when you when you start to understand them and you start to gamify it
- 1:17:13in a way that you that it begins working. It's not sexy when you
- 1:17:16first get started and you're like, I don't know what any of these means,
- 1:17:19and when you're not winning, that's not fun to look at. But
- 1:17:23it is. I mean, I've I've played around with more metrics lately than
- 1:17:27I have ever before, and you know, I'm going to talk more about
- 1:17:30that. And when you start to see the patterns and you start putting those
- 1:17:33patterns to use for you and you start to see the results of that.
- 1:17:39That's when metrics get sexy, and that's that's a secret of big corporations.
- 1:17:44They drive every decision based on data. It's facts and it's data and it's
- 1:17:49information. And one of the things that every small business is to understand is
- 1:17:56that the more data that they have, the more value their company has.
- 1:18:00So if you want somebody to buy your business one day, they're not just
- 1:18:03buying the widgets that you're selling. They're not just buying the employees. They're
- 1:18:06not just buying your talent. They're actually buying your client data. They're buying
- 1:18:13all of the relationships that you have, They're buying the email list that you
- 1:18:16have, they're buying the reach that you have. So the better you manage
- 1:18:21all of that data from the outset and the more you can demonstrate mastery over
- 1:18:27it aka metrics and KPIs, the more valuable your company becomes. The better
- 1:18:32decisions that you make, and when you can tell somebody that's looking to acquire
- 1:18:35your business, oh, this is how we determined that we only introduce products
- 1:18:40in the third quarter. Let's look at the last three years of data versus
- 1:18:43doing a second versus third quarter launch, and here's why, and you can
- 1:18:45actually have that real conversation back. Nobody can argue with facts, nobody can
- 1:18:50argue with data, right, it's just right there in front of you.
- 1:18:53But when you start automating things into tools, what you end up with is
- 1:18:56a bunch of dashboards all over the place, and you have a lack of
- 1:18:59anration of data. And then you can't see your trends because you're looking at
- 1:19:03how my social posts are performing one day versus how my campaign is performing over
- 1:19:06here, versus how my emails are doing over here, and you don't have
- 1:19:10a cohesive way to see what was actually happening inside of your business. That's
- 1:19:15interesting because one of my I mean, I'm pretty sure something that I'm going
- 1:19:19to be doing in twenty twenty four is trying my hand at ads again.
- 1:19:26I'll probably have somebody help me with that. But I hear what you're saying,
- 1:19:30and I totally see why you're saying that. So then do you recommend
- 1:19:34having a completely separate account? What would that look like if somebody were wanting
- 1:19:40to do both organic and ads. I think that what you need to do
- 1:19:45is look at everything that you're doing as an experiment, So this is something
- 1:19:49to my client, we're working on the framework for this right now. So
- 1:19:54they want to experiment with a new customer segment. So it's the same product
- 1:19:57but in a new customer segment. And so when you frame it as an
- 1:20:00experiment, you say, here's when it's going to run. Here's the hypothesis
- 1:20:04that I'm making. So if I do these things, this is the result
- 1:20:08that I'm going to get. And then this is how I'm going to measure
- 1:20:11my performance. And then you can have you can go you can run two
- 1:20:14experiments. You can say I'm going to do this one thing and I'm going
- 1:20:16to do organic and I'm going to do paid ads and we're going to see
- 1:20:18what happens. But then you have just like you would in science class,
- 1:20:23you're going to have very set step of procedures and then a way to measure
- 1:20:28what the results are, and then you can do it over time. Right
- 1:20:31the next time, then you say I'm going to do both. I'm going
- 1:20:33to do it this way and that way, and you can see the results.
- 1:20:36But if you're very intentional with how you're framing it out, then you
- 1:20:40have some controls in place so that you can see what the measurements are and
- 1:20:44how it's going to perform, and then you know where to spend your time
- 1:20:46and your money the next time. Okay, so track track your metrics.
- 1:20:50Is there a tool you recommend that somebody could do this easily on? So
- 1:20:57this is where it becomes a mixed bag kind of on what you're using inside
- 1:21:00of your business. So we're using a sauna with the client that I'm working
- 1:21:06right now. I know some people really like Monday, you know, so
- 1:21:10I think you can use either one of those things. What I would say
- 1:21:13is that if you're really looking to automate it, the best thing that you
- 1:21:19can do is go to fiver not joking and find a freelancer that knows how
- 1:21:27to use Zapier integrations really well. And then what they can do is they
- 1:21:30can take all of your existing things. So they can take your mail chip
- 1:21:32or your floadesk account. They can take your Facebook pixel for the ads,
- 1:21:36they can take your CRM if you have one for your clients, they can
- 1:21:41take whatever data points you want, and they can use Zapier as an integration
- 1:21:44point and they can actually pull it all together and then inside of a tool
- 1:21:46like asauna or something else. They can create you a customed dashboard and you
- 1:21:50can see exactly what's happening. Y'all. Did I mention that Melissa does strategy
- 1:21:59calls and those the things I help with, right? Is that I would
- 1:22:02help you brivate person. I've actually run that project. So all you had
- 1:22:05to say was like, this is what we're going to do, and this
- 1:22:09is when we need a reporting by and then I get inside your house a
- 1:22:12little bit and you give me all the cleaning supplies so to speak, and
- 1:22:14then we get it done. Wow. That I mean that right there is
- 1:22:17sexy to me, just like, Hey, Melissa, this is what I
- 1:22:20need help with and you that's exciting to me. Thank God there are women
- 1:22:28like you out there who love to do this kind of work. Can I
- 1:22:31get an amen? Okay? So my last question for you before you tell
- 1:22:36us where we can all find you and book calls with you and all the
- 1:22:40things. For those of us listening right now who want to optimize, who
- 1:22:45want a scale, who want to continue to grow, what would be in
- 1:22:49this This is a you may not even be able to answer this, This
- 1:22:53may be too complicated a question, but is there something that we could do
- 1:22:59today this week that would, I don't know, ensure us that we're on
- 1:23:04the right track. Is there something that we get clear on. I know
- 1:23:08we need to know where we're going, so we already know that, but
- 1:23:11is there something else that comes to mind that you have a feeling that most
- 1:23:14of us probably aren't doing or aren't doing well, that would help us to
- 1:23:17see results a little bit faster. So one exercise that I love to assign
- 1:23:27people when I start working with them is to create a list. Literally,
- 1:23:33don't pull any resources up just right now, get out a piece of paper,
- 1:23:38get a pen. List every single expense inside your business and how much
- 1:23:43you're spending on it right now. Just write it down off the top of
- 1:23:46your head. Once that list is done, I want you to go pull
- 1:23:51up whatever bank account you're paying for business expenses through whatever credit card you're using,
- 1:23:57like all of the things like knowing the entrepreneurs that I know it is
- 1:24:01multiple bank accounts, multiple credit cards, thanks some other crazy slash fund somewhere
- 1:24:05else. I'm not joking you by watching something real time earlier today, and
- 1:24:10then I want you to write down every single expense that's hit those accounts.
- 1:24:15It's business related for the last ninety days. And then I want you to
- 1:24:17compare that list to the list that you wrote down. I guarantee you,
- 1:24:24I guarantee you that the actual expense list is in the range of fifteen to
- 1:24:29thirty percent higher than what you think. And the reason that this is important
- 1:24:33is because you are setting your revenue goals, you are putting the energy into
- 1:24:39your sales approach. You are putting your energy into a new client acquisition based
- 1:24:43off of that list on your paper, not based off of your bank account.
- 1:24:48So good, that's huge, That's huge. I love that and I
- 1:24:53get asked it always, and I understand why people ask me this question,
- 1:24:57but it frustrates me a little bit when people are like, what should I
- 1:25:00price this thing? Like what what should my prices be? And it's like,
- 1:25:04I can't answer that question. What's your overhead? What are your business
- 1:25:10goals? Right? Like, like, if you don't know what your true
- 1:25:13overhead is, then how are you going to price anything accurately? This is
- 1:25:16why people have to go get another job, because they're not connecting what's actually
- 1:25:21happening in the business with what they're charging and what they're making happen. As
- 1:25:26a business result, so there's a mismatch. So that's huge because I know
- 1:25:31right now, I mean, this already gives me anxiety because I'd come up
- 1:25:34with like ten things and I know there's thirty one hundred percent. And it's
- 1:25:39always little things, right, It's always like the app that you're spending six
- 1:25:43dollars on every single month. That adds up and if there's one thing,
- 1:25:46there's probably a few more. Okay. That's that's such a tangible, actionable
- 1:25:50tip. Thank you, You're welcome, and I guarantee that you will find
- 1:25:55cost savings because what I would also argue, and this is what I do
- 1:26:00with people, is if that list had ten things on it and your bank
- 1:26:01account has thirty, then I need you to tell me why you need those
- 1:26:04other twenty. Okay, if they are not top of mind to you,
- 1:26:09then they are not things that you're touching and using every day. So how
- 1:26:12important are they? Two? Really? Boom beautiful, Melissa Franks. This
- 1:26:17is an incredible conversation, so freaking helpful. I feel like this was a
- 1:26:24coaching call for me, which I'm so thankful for. So thank you so
- 1:26:28much. Where can everybody find you? Where can they listen to your podcast.
- 1:26:31We'll link the place for people to book a call with you, but
- 1:26:35tell us what we need to know. Sure, so I am on Instagram
- 1:26:41at Melissa underscore Franks is very easy. In fact, all of my handles
- 1:26:45are those things. So Instagram is the best place to find me. LinkedIn
- 1:26:50is another great place. And my network is your network. So for anybody
- 1:26:54that's in corporate or small business or whatever, and you find something in my
- 1:26:58network that would help you, just send me a message and I will make
- 1:27:01the connection happen. Happy to do so. And then, like Ellie said,
- 1:27:08I've got strategy calls that I am offering right now. If you're interested
- 1:27:13in more of the on call COO services, I do have room for one
- 1:27:17or two more clients, depending on side one because I'm a snag one.
- 1:27:21Sorry, there you go. One more client, and so those require conversation,
- 1:27:28So you know, hit me up on Instagram more scheduled the strategy call
- 1:27:32and then we can really figure out exactly what you need. The one thing
- 1:27:35that I pride myself on, real real strongly is that I'm going to be
- 1:27:41very candid with you about what you do and don't need. And if you're
- 1:27:44not ready for me. That's okay, because I've got some products that you
- 1:27:46can buy. Two. But let's have a strategy call and see how we
- 1:27:49can kick off twenty twenty four. Super Strong, Beautiful, You're a boss.
- 1:27:55I admire you. You're an amazing mom, You're an amazing business owner
- 1:28:00and businesswoman and just human in general. So I'm honored to know you,
- 1:28:04and I'm so thankful for your time and you sharing your genius with all of
- 1:28:09us today. Thank you. This is a lot of fun. We'll have
- 1:28:12you back anytime.