Aug. 30, 2017

Create a Successful Business Without Compromising Your Lifestyle

Create a Successful Business Without Compromising Your Lifestyle

As the state of the workplace dynamically changes to meet technological disruptions and competitive demands, a segment of the working population begins to consider striking out on their own. Doing so requires having a vision that aligns with our own...

As the state of the workplace dynamically changes to meet technological disruptions and competitive demands, a segment of the working population begins to consider striking out on their own. Doing so requires having a vision that aligns with our own values and a well-considered strategy for growth. Proactively managing cash flow and careful consideration toward scaling the business are often overlooked or ill-considered, yet can be the Achilles heel of the business. Similarly, managing productivity to ensure key priorities get accomplished each day while weeding through the pile of other tasks that can be delegated elsewhere are key areas that must be developed into strengths for founding entrepreneurs to achieve their greatest success. In this episode, the guest shares openly, crisply, and candidly what it really takes to craft a successful business that embodies our desired business lifestyle.

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There are some people that make their
work just another thing they have to do,

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and there are those that make their
work something that they want to do.

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Welcome to Working on Purpose with your
host Elise Cortez. In our program,

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we provide guidance and inspiration from those
people who have found deeper meaning and

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personal connection to their work life.
It's beyond nine to five. It's working

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on Purpose. Now Here is your
host, Elise Cortez. Welcome back to

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the Working on Purpose Show. Thanks
for tuning in again this week. I'm

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your host, Elise Cortez, joining
you from Dallas, Texas, which is

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home base for me. This program
is all about helping people more meaningfully and

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productively connect with their work and equipping
organizations to do the same for their employees.

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I bring on guests to have a
particular perspective or experience that I think

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expands the conversation about work and the
workplace, and I often draw on the

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meaning work research I've been doing over
the last fifteen years, the work that

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i do at Insignium, a global
magma consulting firm. I'll give the program

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in just a second, but let
me thank my media partner and sponsor,

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jobbing Dot com. They are the
leading locally focused job board in the nation,

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and they are dedicated to helping employers
find quality talent in their own backyard

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while giving job seekers control over their
or their actual search. If you missed

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the show last week, we were
on the air with Judy Hoberman, who

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is the president of Selling in a
Skirt. She's an international speaker, trainer,

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coach, and mentor. We talked
about the differences between men and women

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at work and what each can learn
from the other. Managing productivity, and

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her soon to be released book called
Walking on the Glass Floor, which she

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plans to launch into a movement in
her own war women into leadership positions across

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the globe. She is a truly
a woman up to something. It was

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really a great conversation with us.
This week is Joy Shudekoff, the recognized

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leader for business lifestyle design for women
and the founder of her business consulting practice

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called Smart Women, Smart Solutions.
Joys the author of What's Next, The

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Seven Steps did or Your Big your
Big Idea and create a wildly successful business.

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She joins us to day from Los
Angeles. Joy, Welcome to working

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on Purpose. Hi at least,
good morning, Happy to be here,

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Good morning, good afternoon for me
and you. Yeah, it's happy to

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have you here. And I want
to also thank I think it was Heidi

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Murray of Leadership Women who brought us
together. So thank you Hide if you're

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listening, for bringing me joy.
And I mean that in all aspects.

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Double Chandra all the way. So
I want to get as much as I

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can out of your joy in the
short time that we have together. And

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I really want to make sure that
I guess understand the tremendous pearl they're getting

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in you. So will you kick
us off just by just talking briefly about

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that background of yours. You've really
really been on a fantastic journey of your

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own in terms of work. Yeah, thank you, Elise. You know

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it's it has been a wild ride. I've been actually a serial I guess

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I would call myself a serial entrepreneur
or for almost thirty years, which is

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kind of hard because you know,
it feels like yesterday. And so just

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to give your listeners a snapshot,
I started my first company when I was

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twenty nine years old, and you
know I didn't I think it's important for

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people to hear that I didn't grow
up thinking I was going to be an

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entrepreneur, don't I think I barely
understood what that was. I was working

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for someone else, maybe like many
of your listeners, And in my early

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twenties, I found out that.
I just remember one year, was around

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the holidays, going in to see
my boss for my review, and of

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course the review was glowing. He
said he was very happy to have me

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as part of the company. But
the fact is there weren't going to be

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any bonuses that year. And oh, by the way, I was earning

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at top of scale, and I
wouldn't be getting a raise for the next

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year. So you can imagine my
disappointment. And so I went back to

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my desk, and I went home
for the holidays, and I didn't do

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anything at first because I didn't know
what to do. I was just very

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sad and disappointed because there was a
lot more that I wanted out of life.

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But although I was earning a competitive
salary, it certainly did not deliver

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to me all of the things that
I wanted to experience in the city of

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Los Angeles. And for those of
you, those of you who've ever been

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to Los Angeles, you know that
it's very it's a very expensive city to

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live in. And so my first
tip for everyone is always be curious.

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Because I started my first business because
a receipt for a piece of equipment was

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in the orthopedic medical industry, a
piece of orthopedic equipment, a receipt came

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across my desk, which shouldn't have
because I was in marketing. That's my

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background. I've I've always been in
marketing. And I saw what was being

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built out for this piece of equipment, and I found out how much it

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cost to manufacture through making just a
few quick phone calls and I could do

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the maths. You know, it
didn't didn't take a rocket Sciences to figure

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that out. There was a lot
of profit there. So very long story,

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I'll dial it forward. I started
a business h with those pieces of

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equipment, a medical equipment business.
That was my first business at twenty nine.

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There's a story we could do a
whole nother show on about how how

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hard it was to get the money
for the first ten thousand dollars so I

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could buy the darned equipment. So
I wasn't easy, but I was persistent

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and I started my first business and
that business did extremely well about eighteen months

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after I started the business, I
was able to leave my job, and

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which was really a gratifying feeling and
at the same time scary as heck,

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because I didn't really know what I
was doing, and that that business was

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a very successful company. I owned
it for about twelve years that ended up

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going international, and before I sold
the company, we were we had sales

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and excess of two million dollars a
year. There's a lot to that,

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obviously, a lot of a lot
of reps in towns, a lot of

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success, and a lot of failure. I want to say that upfront for

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people to hear, but I learned
from my failures hopefully. And you know,

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at that time, at least my
husband had just gone through some By

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that time, I was married,
we were thinking about having a family.

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I wanted I wanted to get off
the road. My business was a great

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business, but it required a lot
of travel, and I knew if I

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wanted to have a family that I
needed to change the way I worked,

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and so I sold my business.
After my first child was born. My

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son and my husband had also come
through a very serious surgery. He had

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a kidney transplant, and I knew
I just wanted to change the way I

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worked, and I took a little
bit of time off and I realized that

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I just loved business. It's in
my blood. I had to get back

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to doing something. And so I
know, almost thirteen years ago, started

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Smart Women Smart Solutions, which is
a as you said, coaching consulting company

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for women entrepreneurs. Because I knew
one thing. I knew I had a

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lot of things I could share,
a lot of solutions, a lot of

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help, a lot of encouragement I
could share with other women because of my

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own journey. And that's that's sort
of how I got to where I am

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today. That is just a beautiful
rendition. Joy And can I really appreciate

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so many things about that. There's
a loss I could say about that.

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But one thing I do want to
get to absolutely is I'm starting now to

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wonder, based on what you've just
narrated, if that is why you focus

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on lifestyle design in the context of
someone wishing to start their business. Is

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that right? That it is?
It is? You know? I think

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that the first Now, when I
was in my twenties, I had no

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idea of what this was, or
this whole concept of values or I a

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least, because all I thought about
was I just want to make a lot

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of money and and and and you
know, drive my fancy car and live

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in my great apartment. And and
you know, I was unmarried, no

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kids. I don't even think I've
met my husband by that time. But

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as you, as we mature,
we start to think about our time in

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a different way, because we start
to realize that, you know, I

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always say that time is like the
elusive lover, you know, we can

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never get enough of it. And
and so I started to think about how

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I wanted to structure my second business
so that and help other people do that,

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other women, so that you can
enjoy having a successful business and a

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successful life. And I think the
first place you have to look when you

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when you want to have a lifestyle, uh is what are my what are

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my values? You know, what's
my number one core value? What's my

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number two? Number three? And
I think your life has too needs to

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be designed around those three core values
for you to really be successful. Right.

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I love that. And I don't
know that I've ever seen that.

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I've never seen the idea of lifestyle
design in terms of how to create a

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business you and I know you are
considered a recognized leader in that in that

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capacity. But it is the first
time I've really heard that phrase attached to

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creating a business like that. It
makes so much sense. Why I didn't

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do it when I was on my
own, I don't know. But when

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you when I when you do think
about this, so I know that today

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you still coach women? Is that
right? Are you still doing coaching?

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Oh? Yes, yeah, okay, okay, that's exactly what I do.

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Yeah, okay. I wasn't sure
if you if you had time left

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in your in your day for that. Because but when I want to talk

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about here, because this is where
where it gets really interesting. I had

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a couple reach out to me saying, you know, I saw that you're

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going to have joy in your show, and you know, these are people

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that kind of want to start their
own their own business. And so when

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we talk about vision, somebody has
something that they want to do for themselves

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in terms of business. They've got
some idea, some context. What do

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we need to understand about vision when
starting a business? And then I don't

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know if you can actually thread it
through with what you just said about values,

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Well, you want your it's a
great question. You want your vision

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to match your values, of course, because if you set a vision for

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yourself, as an example, to
start a business, let's say as a

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woman that requires a tremendous amount of
travel and you've got three kids under the

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age of fifteen at home, right
right, I don't know that that really

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does that make sense? You know? Absolutely? Yeah, So you have

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to think about your vision in terms
of your values when you're setting this up,

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if you want to enjoy it in
all areas of your life. And

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to me, as I was saying
to someone just yesterday, that success to

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me doesn't matter what the bank account
says. Success to me means, you

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know, have you built a successful
business and not given up every other part

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of your life to get there?
You know, you know? And I

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see examples of that all the time. And I also see people who are

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quite successful and they have a great
relationship with their parents, they have a

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great relationship with their children and their
spouse or partner, and that to me

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is success right there, and yeah, and it can be achieved. So

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you need to look at that.
And the other thing I want to throw

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out there though, because I think
this can sometimes be a challenge for women.

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I don't like to. I'm sorry
to be a gender but it's that

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I work with women all day and
so I see this more than men.

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And that is when you're setting a
vision for your business. For those of

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you who feel like you're going to
go out and need venture capital or you're

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going to need an angel investor.
The one thing I will say about that

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is is that you really do need
to create the big picture for those types

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of conversations, because investors are looking
for how big can this really get,

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not what your very next step is
going to be? Right, So that's

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a key part of it as well. I just want to throw that in

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because it's something that I've been seeing
a lot of lately. And but you

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want to really think about, you
know, drawing a line down the center

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of the page, if you will, and say, what's my vision and

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how can I craft that so that
it continues to weave into my values?

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Okay, great, Yeah, I
want to ask you about growth. But

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before we do that, is there
anything else that you want to make sure

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that our listeners get about when it
comes time for when around the notion of

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starting a business that that really matters
for them. Anything else that you want

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to you want them to get Yeah, yeah, I thank you because you're

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very intuitive, you could hear.
I just I don't want to I don't

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want to run over time, so
I'm trying to choose things carefully. The

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other thing, too, I think
if you're sitting in your office or in

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your house and you've got a big
idea and you're thinking about starting a business,

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you know, I think it's always
better to have an oops, oops

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is better than what if? Right? So go ahead? Right? And

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this is something that I see a
lot of well I'm going to I'm just

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waiting to get it perfect, or
I'm waiting for the right time, or

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I'm waiting for the perfect time.
I got to tell you, there's no

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perfect time to start a business.
You just have to start, you know,

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And and it's there's no you know. One of the things that I

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always share with my clients or women
that I speak with is that when how

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will we know when it's perfect?
I mean, how will we know?

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I don't know what that looks like, So I don't know if I'll know

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when it's perfect, but I will
know when you when you actually put the

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idea out into the marketplace and we
start to get some feedback and we start

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to see what people think of it. So I always say, let's make

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an oops is better than what if? Like, oh gosh, what if

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I hadn't been the person who discovered
the post it pad? Well, you

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know what, you didn't, but
you probably when they discovered it or they

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put it on the market, they
probably had a lot of oops. Mess

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that up. Let's go back to
the drawing board. But look where they

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are today. So what I get
from that joy is you gotta be you

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gotta be an action, right,
you can't be an analysis paralysis? Is

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that partly what you're saying relutely?
Movement will always beat meditation? Okay,

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movement will beat meditation. I love
this so many great phrases I'm getting out

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of this. Okay. So so
let's say we've we've done this joy right,

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We've got this business off off and
running there. We're getting a little

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bit of traction to start to make
some money here. What kinds of things

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do you see business owners getting stuck
at it this level to prevent them from

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going on to the next level.
So they've they've got traction and now they're

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starting to grow. What what's the
stopping place there, well, you know,

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typically at least what I see is
it's it's starting to delegate and build

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that team. That's typically because if
you when you when you first get started,

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it's just you typically and you're you
know, you're answering the phone,

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you're doing all the emails, you're
fulfilling the orders. You know, you're

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providing a service. But as you
start to grow, even a little bit,

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you need to start delegating. And
this is a very hard thing for

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renegade entrepreneurs to do because we're risk
takers. Were a lot of times,

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we're type A personalities sometimes and we
think that we know it all and we

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want to micromanage, and or we
don't hire at all because we think,

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well, gosh, if I hire, it's going to cost me money.

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And the fact is is that this
is a huge mistake that people make,

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and I have to say typically more
women than men, in that we keep

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piling the work on, you know, and working late into the night or

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early in the morning. And the
key is is to actually outsource as quickly

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as you can the smallest of details
so that you can use that time to

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go out and create more sales and
to grow the brand. That's the biggest

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mistake I see at that level.
That is so crisp. And I can

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tell you that for the years that
I was on my own, I can

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I know I made that mistake.
I actually I was very slow to get

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help. So charge guilty as charged, just as you say, Joey.

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Yeah, but it's normal, very
normal. You know. It's it's so

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and I understand it. I'm shaking
my head, but at the same time,

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it's you know, it's it's always
good to say, you know,

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we have to start looking at what
are the here, here's a great way

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to look at this for everybody on
the listening. And that is one of

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the things that I have my clients
do is make a list of everything that

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they're doing in their business, down
to you know, buying paper clips or

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sharpening pencils. And they have to
keep that list for a week and then

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we come back and here's the second
part of the of the exercise. Then

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they have to circle with the red
pen the things on the list that only

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they can do, only they can
do. And I'll tell you, out

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of a list of thirty items,
there's only about three things that is beautiful,

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solid advice, and it's great way
to take us into our first break.

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Joy, I'm your host, Alice
Cortez. We're on the air with

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Joy shudikof of Smart Women, Smart
Solutions and the author of What's Next.

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Seven Steps to discover your big idea
and create a wildly successful business. She

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00:17:03.599 --> 00:17:07.119
joins us today from Los Angeles,
California. We've been talking a bit about

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how to create a lifestyle design business
and the vision that goes into that.

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After the break, we're going to
get into cash flow and scaling. Stay

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00:17:15.599 --> 00:17:30.240
with us, Become our friend on
Facebook, post your thoughts about our shows,

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00:17:30.240 --> 00:17:33.960
and network on our timeline. Visit
Facebook dot com, Forward Slash Voice

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00:17:33.960 --> 00:17:40.119
America. Alise Cortez is a speaker
and engagement and development catalyst. She designs

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00:17:40.160 --> 00:17:45.599
and delivers professional development, leadership and
engagement workshops and can bring her expertise to

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00:17:45.640 --> 00:17:49.680
your organization. She will help ignite
meaningful development within your workforce that will increase

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00:17:49.759 --> 00:17:55.319
employee engagement, performance and retention.
To learn more or to invite a lease

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00:17:55.400 --> 00:18:00.079
to speak to your organization, please
visit her at www dot leasetz dot com.

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00:18:00.240 --> 00:18:04.720
She would welcome the opportunity to help
get your employees working on purpose.

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00:18:07.440 --> 00:18:11.319
Have you friended us on Facebook yet
why not? Just go to Facebook dot

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00:18:11.359 --> 00:18:15.640
com, forward slash Voice America or
search for the keywords Voice America. Once

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you are part of our Facebook network, you'll receive daily messages about what's happening

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Talk radio network, and you can
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on our timeline. Just go to
Facebook dot com, forward slash Voice America

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00:18:30.319 --> 00:18:42.880
or search for Voice America. This
is Working on Purpose with Elise Cortez.

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00:18:44.359 --> 00:18:48.160
To reach our program today, please
call in to one triple eight three four

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00:18:48.279 --> 00:18:52.759
six nine one four one. Again, that's one triple eight three four six

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00:18:52.000 --> 00:18:57.880
nine one four one. You may
also send an email to Elise ali Se

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00:18:59.079 --> 00:19:04.960
at Elise Ortez dot com. Now
back to Working on Purpose. Thanks for

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00:19:06.000 --> 00:19:08.119
staying with us, and welcome back
to Working on Purpose if you're just joining

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00:19:08.200 --> 00:19:12.400
us. My guest is Joy Shudakov. They're recognized leader for business lifestyle design

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for women and the founder of her
business consulting practice called Smart Women, Smart

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00:19:17.640 --> 00:19:21.480
Solutions. Joy is the author of
What's Next, The seven steps to discover

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00:19:21.559 --> 00:19:25.079
your big idea and create a wildly
successful business. I'm your host, Alice

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Cortez, So Joy, you and
I were chatting on the break a little

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bit here and I wanted to get
into cash flow, but I do recommend

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I also recognize that there were more
things we could have said about strategy in

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terms of crafting our business. Can
you can you speak to that before we

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go on to cash blow? Yeah, I can. I'll give you quickly

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there are what I call the five
ps of developing a powerful strategy for your

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business, and I'll just touch on
them briefly. You know, the first

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one really is the purpose of if
you could sit down and actually with a

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piece of paper, pencil or on
your laptop and take yourself through this exercise.

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But there's the purpose. Why why
does this company exist? Why did

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I start the company? What's the
reason? Right? That's the first thing.

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The second thing is the people,
and that is, you know,

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who's the who's the product or service
for? What do they care about?

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So really looking at the end user, not you yourself as the founder,

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but the end user who will use
this product or service? What is it

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they care about? And getting really
clear about who the demographic is. The

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third thing is the perception you know
what, what does your ideal client believe?

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What would what would you like them
to believe about your company? Right,

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so what's their perception about your company, service, or product, the

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industry and what do you want them
to believe? Because this is what you

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would write in your copy and how
you would how you would brand yourself in

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the marketplace. The fourth p is
product, and that is what do these

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people really want? How do we
create value for the customer? So this

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is really key is determining when you
make a product, is it what is

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it they want to see in the
product or the service, and making sure

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that you include those ingredients or pieces
so they'll actually want to buy it.

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And the last thing is very key
is the promise. You know, how

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can how can we reduce customer's sphere
of buying from us? What's my guarantee?

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So that's a you know, we
want to make it as easy as

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possible for people to buy from us, So how can we reduce their risks

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so they'll go ahead and make the
purchase? So those are really five key

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questions that all start with the pe
that someone could sit down and ask themselves

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when they're getting ready to build a
strategy for their business. Great stuff,

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Joy, I really appreciate just how
much meat you're giving me and our listeners.

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So this is this is great.
I've been writing things furiously myself,

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so thank you. Okay, Well, let's talk about let's talk about cash

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flow, the ever present challenge of
cash flow. I can remember several years

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ago when I was doing my research
and interviewing some of to be wanting if

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you were accountants, and they talked
about you cashflow just like this, you

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00:21:59.519 --> 00:22:03.839
know, this incredibly important thing that
that that's their focus. But what mistakes

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do new entrepreneurs usually make in this
critical air of running a business? What

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have you seen there? Well,
the mistake they make is that they never

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look at it. You know.
It's and let's so let me explain.

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Uh, you know, we start
a business, we're excited, we're so

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passionate about the product or service that
we're going to bring to the marketplace.

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I mean, it's something we've been
probably dreaming about, envisioning about for years,

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right, and so we're we're finally
excited to bring it, and so

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we're so we spend uh, you
know, so much time getting it out,

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talking to people, marketing it and
doing all of these things that we

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sometimes forget to look at the bank
account and say, wait to hank hank

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on, wait a man, or
whoa are the are the dollars I'm currently

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spending is actually giving me a return
on my investment? Am I actually making

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money from the things I'm doing?
And uh, I see this so much.

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And that's why it's it's critical for
for beginning entrepreneurs or who are just

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out of the gate to really take
to really take the time to look at

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their numbers and figure out if the
money they're spending is actually working to bring

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people into their concept or into their
service or product. And I'll know,

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and I know why they don't do
it at least listen, looking at your

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numbers and looking at profit and loss
statements. It is not the sexy part

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of owning a business, let's face
it, but it's something that we have

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00:23:33.119 --> 00:23:37.599
to do. And that's the biggest
mistake I see is people just don't ever

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look at their numbers. And that's
why some you know, in many cases,

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they end up in the red.
Yeah, I think you're absolutely right,

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just just being asleep at the wheel. And I remember that one of

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the accounts I know you used to
say things like he was amazed that people

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would actually say, well, I
still have checks, and so I must

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be okay, right, right,
right, right, So you gave some

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other really fantastic pearls about the other
subjects. Are there certain things that you

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really want to make sure our listeners
get about? Cash flow? Yeah?

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Sure, so I would recommend that
you obviously run a profit loss statement for

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your business. Get in the habit
of doing that, even in the very

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beginning, even when you're spending more
money than is actually coming back to you

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into the business. You know,
get into the habit of setting setting up

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a time at at least once a
month, I recommend twice a month,

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but at least once a month to
look at where is all my money going

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and do we really need all of
that. One of the things that we

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do, and I have all my
clients do at least twice a year,

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is evaluate their expenses. So look
at how many how many software you know,

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how many pieces of software have you
purchased for different things that you're launching

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that you actually don't even need anymore. For example, here's a simple one.

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Let's take survey Monkey. Survey Monkey
is a great to and I have

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used it over the years, many
many times. But I only run surveys

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maybe twice a year, so I'm
not going to keep that expense on my

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on my budget for twelve months.
But some people order it and then they

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just paid the monthly fee for twelve
months and they only use it two months

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out of the year. That's that's
uh. Those are those are expenses that

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we should we should be pay careful
attention to and get rid of them because

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all of those things add up,
right. Just trying to think if there's

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00:25:33.240 --> 00:25:36.559
something else I want to share with
you about cash flow. I mean,

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I just I think that it's important
to look at how much money you're spending

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to acquire a customer. You know, what are you how much marketing dollars

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are you spending to acquire that customer? And are you getting a return on

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the investment? Are you getting back
more than you spent to acquire the customer?

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Does that make sense? It sure
does, yes, And again I

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appreciate the specificity of the kinds of
things you're bringing up because I really think

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it brings home the concepts that you're
sharing with us. Joy. So if

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this is great, I feel so
good about sharing you with my listeners,

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Thank you so much for coming on
good stuff. Yeah, you're welcome.

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So scaling next is what I wanted
to get to here, you know,

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this whole wonderful thing of let's we've
got something good here, We're getting some

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traction. Now we got to scale. And I know that you talk when

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00:26:22.079 --> 00:26:27.119
you're coaching with women to as they
scale to watch out for burnout. And

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00:26:27.119 --> 00:26:32.720
I think I think you mentioned seven
essential questions that owners need to ask themselves

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00:26:32.759 --> 00:26:36.079
around this, So can you help
us with scaling? Maybe those questions would

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00:26:36.079 --> 00:26:41.480
be great? Yeah, sure,
one I already h talked about in the

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00:26:41.759 --> 00:26:45.680
setting your strategy. But it's always
good every every year to start out the

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00:26:45.759 --> 00:26:51.279
year asking yourself why did you start
the business? Because you want to review

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00:26:51.359 --> 00:26:53.319
why? Why the heck are we
getting up and doing this every day anyway?

385
00:26:53.440 --> 00:26:56.519
Right? I mean? Is do
we still love it as much as

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00:26:56.559 --> 00:27:00.839
we did the first day that we
launched it? A second great question is

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00:27:00.920 --> 00:27:06.240
do you have a clear and focused
plan to give you the edge you need

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00:27:06.559 --> 00:27:10.160
to get to where you want to
be? So, you know, are

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00:27:10.319 --> 00:27:14.079
do we have a plan to get
to this next level in our business that

390
00:27:14.079 --> 00:27:17.119
we're going to Are we just sort
of shooting in the dark here and just

391
00:27:17.240 --> 00:27:19.480
throwing things against the wall and hoping, you know, something will stick.

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00:27:21.000 --> 00:27:22.720
By the way, when you start
your business, you should be throwing a

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00:27:22.759 --> 00:27:26.880
lot of spaghetti against the wall and
to see what will stick. That's okay,

394
00:27:26.920 --> 00:27:30.680
But once you gain traction, it's
really key to hone in on what's

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00:27:30.720 --> 00:27:34.799
working and what's not working, which
actually ties back to how you spend your

396
00:27:34.839 --> 00:27:41.720
cash. Number three, do you
have all the clients and customers and repeat

397
00:27:41.759 --> 00:27:45.039
business that you want? I'm going
to really highlight the word repeat business.

398
00:27:47.200 --> 00:27:52.240
One of the things that I think
that we can tend to forget about,

399
00:27:52.319 --> 00:27:57.799
and it's the easiest, easiest piece
of business we can bring in is repeat

400
00:27:57.839 --> 00:28:02.279
business. You know the old sang
elise, A bird in the hand is

401
00:28:02.279 --> 00:28:07.640
worth two in the bush. And
I see a lot of people always looking

402
00:28:07.680 --> 00:28:11.880
to acquire another new customer, another
new customer, which is great, But

403
00:28:11.000 --> 00:28:15.039
let's look at your existing customer base
that already knows you, likes you,

404
00:28:15.119 --> 00:28:19.160
and trust you. Is there something
else you can develop to get them to

405
00:28:19.240 --> 00:28:26.359
buy again? Is there a way
to get them to re enroll for another

406
00:28:26.440 --> 00:28:30.720
period of time after they've worked with
you? This is golden and It will

407
00:28:30.759 --> 00:28:34.200
bring way more profit to your bottom
line because you didn't have to spend any

408
00:28:34.240 --> 00:28:40.279
money to reacquire that client. This
is so key and it's so easy,

409
00:28:40.720 --> 00:28:45.599
and I see people missing this point
all the time. So really important to

410
00:28:45.640 --> 00:28:49.960
work on that repeat business because you
bring more profit. The fourth one is

411
00:28:49.960 --> 00:28:55.119
do you have effective systems in place
to run a smooth operation? Right?

412
00:28:55.839 --> 00:28:59.640
This is one really big thing I
work with my clients on who have a

413
00:28:59.680 --> 00:29:03.839
stab which businesses? Is that what
are your processes? What systems do you

414
00:29:03.880 --> 00:29:07.839
have in place so that more things
are automated and we actually at least go

415
00:29:07.920 --> 00:29:12.960
to we dial it back to what
happens when somebody sends an email or calls

416
00:29:14.000 --> 00:29:17.480
on the phone. What phone number
are they calling, what's the message?

417
00:29:17.480 --> 00:29:19.279
Who answers, who picks that message
up? How long does it take for

418
00:29:19.279 --> 00:29:22.720
someone to get back to them?
I take them through an entire process.

419
00:29:23.000 --> 00:29:27.680
So we get these systems down so
that the sales happen quickly and more efficiently.

420
00:29:30.920 --> 00:29:33.680
Is this helpful? This is great? Keep going okay, okay,

421
00:29:33.680 --> 00:29:38.079
great? So then the next question
is really is your you know, is

422
00:29:38.079 --> 00:29:44.839
your current marketing attracting exactly who you
want as customers and clients, right,

423
00:29:45.119 --> 00:29:47.839
you know, are you are you
happy when you wake up in the morning

424
00:29:47.880 --> 00:29:49.960
and you're happy to go to your
office because you love the people you're working

425
00:29:51.000 --> 00:29:53.400
with or serving, or it's just
like, oh, these are just the

426
00:29:53.440 --> 00:29:56.160
people I the clients I'm attracting,
and I just have to do it to

427
00:29:56.200 --> 00:30:00.640
get by. That just signals to
me that you're you're sending the wrong You've

428
00:30:00.680 --> 00:30:04.720
got the wrong marketing message because you're
attracting the people that really, you really

429
00:30:06.160 --> 00:30:10.279
aren't the ideal people to your business, so that you have to take a

430
00:30:10.279 --> 00:30:14.839
look at that. And then again, you know, the other question is

431
00:30:14.880 --> 00:30:19.160
always do you have a system in
place to easily and effortlessly determine how much

432
00:30:19.200 --> 00:30:22.359
money is coming into your business and
how much is going out? Which I

433
00:30:22.400 --> 00:30:27.839
talked a little bit about earlier.
Very key to have clear systems on how

434
00:30:27.880 --> 00:30:30.960
much are we spending, how much
are we bringing in, and let's evaluate

435
00:30:32.000 --> 00:30:34.839
what we need to keep and get
and eliminate. And last, but certainly

436
00:30:34.880 --> 00:30:38.160
not least, is how you know. I always ask how would you describe

437
00:30:38.200 --> 00:30:44.720
your energy and enthusiasm for your business
right now? And you know, are

438
00:30:44.759 --> 00:30:48.079
you excited to throw back the covers
and jump out of bed every morning degree

439
00:30:48.119 --> 00:30:52.720
today or you know, it's like
I'm in my pj's until noon, joy,

440
00:30:52.799 --> 00:30:57.559
and I have no real schedule,
and I'm completely burned out. You

441
00:30:57.599 --> 00:31:03.599
know. So those are really the
seven questions that you know, women should

442
00:31:03.599 --> 00:31:07.400
really ask themselves to make sure that
they're on track and are ready to grow

443
00:31:10.160 --> 00:31:14.839
fantastic. I I just there's so
much there. And I was listening to

444
00:31:14.880 --> 00:31:18.000
you talk, and I was just
thinking to myself, how amazing you must

445
00:31:18.039 --> 00:31:19.599
be to work with, What a
gift you must be for the people that

446
00:31:19.640 --> 00:31:23.720
you coach. And I wish I
wish that I would have met you years

447
00:31:23.720 --> 00:31:26.240
ago when I was on my own. I wish I would have met you.

448
00:31:27.680 --> 00:31:30.920
But I'm glad I know you now. Well, I'm going to say

449
00:31:30.960 --> 00:31:33.440
you know me now. At last, you know me now, and I

450
00:31:33.480 --> 00:31:34.839
one of these days I'm gonna meet
you in person. There's there's no two

451
00:31:34.880 --> 00:31:38.160
ways about it. As I like
to say, you can run for me,

452
00:31:38.240 --> 00:31:44.559
but you can't hide from me forever. O. Well, I won't

453
00:31:44.640 --> 00:31:47.920
hide, I promise, Okay,
good. Well. Another thing that I

454
00:31:47.960 --> 00:31:52.240
was thinking about when you were talking
is just you know, when you're really

455
00:31:52.319 --> 00:31:55.880
doing this well and you've got this
thing humming. You know, there's a

456
00:31:55.920 --> 00:31:59.200
lot to manage when you're when you're
running your own business, and I one

457
00:31:59.240 --> 00:32:01.799
of the things I'm avery aware of
today as a management consultant is just how

458
00:32:01.799 --> 00:32:06.640
many businesses start to lose their edge
because they don't have the eye and the

459
00:32:06.680 --> 00:32:10.839
balls as they're looking for new venues
and staying relevant. So I wanted to

460
00:32:10.880 --> 00:32:15.799
ask how you how you coach your
your your people with so much spinning,

461
00:32:15.839 --> 00:32:19.720
so much to actually keep your eye
on the ball. How do they keep

462
00:32:19.759 --> 00:32:22.720
looking for opportunities to build the business, leverage into new venues, and make

463
00:32:22.759 --> 00:32:28.400
sure that they aren't becoming irrelevant.
Yeah, sure, no, it's a

464
00:32:28.400 --> 00:32:34.359
good question. So I think the
easiest thing to do is to first look

465
00:32:34.440 --> 00:32:38.880
at where is my target client present
and hanging out a lot. So,

466
00:32:39.359 --> 00:32:44.160
in other words, if you've got
a group that's that's a younger, If

467
00:32:44.160 --> 00:32:47.519
your if your product or service is
geared more towards the younger twenty somethings,

468
00:32:47.880 --> 00:32:52.079
you know, you've got to make
sure that you're on Instagram and Snapchat because

469
00:32:52.119 --> 00:32:53.839
you're you're you're in front of them, right, that's where they are.

470
00:32:55.240 --> 00:33:00.079
You know, I'm just using that
as an example. Social media can be

471
00:33:00.200 --> 00:33:02.200
good, but I'm a big believer
that you need to actually get out and

472
00:33:02.200 --> 00:33:06.160
shake people's hands and look them in
the eye. So I would say,

473
00:33:06.160 --> 00:33:10.359
look for opportunities where you know your
client that you want to work with and

474
00:33:10.400 --> 00:33:15.799
grow with, where they are where
they tend to be present, and I

475
00:33:15.839 --> 00:33:20.759
would make myself available to join into
some of those networking activities. And you

476
00:33:20.839 --> 00:33:23.519
have more time for that, at
least when you have built a team,

477
00:33:23.759 --> 00:33:29.519
when you have people supporting the vision
and doing things for you in your business,

478
00:33:30.279 --> 00:33:32.880
because you have more time to get
out and network and leverage yourself,

479
00:33:34.119 --> 00:33:37.359
right. So I would say that's
one of the ways. The other thing

480
00:33:37.400 --> 00:33:44.200
I want to just say about that
is but do things that you enjoy and

481
00:33:44.319 --> 00:33:49.559
feel comfortable doing. So my best
example on this is that I enjoy public

482
00:33:49.640 --> 00:33:52.960
speaking, but you know, I
have clients and friends who don't, and

483
00:33:53.079 --> 00:33:57.359
I always say to them, if
you don't enjoy public speaking, I wouldn't

484
00:33:57.400 --> 00:34:00.400
make that my go to marketing tool
because it can be quite painful if you

485
00:34:00.440 --> 00:34:05.440
don't enjoy it, and you know, figure out what it is you love

486
00:34:05.519 --> 00:34:08.639
to do. I have some clients
who are just beautiful writers, just amazing

487
00:34:08.719 --> 00:34:14.440
writers with the written word, and
so they know they write books about what

488
00:34:14.480 --> 00:34:17.320
they do, or they're great bloggers. They're using their gift to get more

489
00:34:17.400 --> 00:34:22.679
business. In that way, I
think it has to be enjoyable, because

490
00:34:22.679 --> 00:34:25.599
I think people can see through that. If you're out looking for new business,

491
00:34:25.880 --> 00:34:30.039
but you're doing something that you really
don't enjoy, is that helpful.

492
00:34:30.599 --> 00:34:34.679
It's very helpful, and I completely
agree with you. And yet again,

493
00:34:34.800 --> 00:34:37.199
joy another great way to take us
into our next break, which happened again

494
00:34:37.239 --> 00:34:40.800
so very quickly. I'm Alice Cortez, your host to a bit on the

495
00:34:40.800 --> 00:34:45.800
Air with Joyce Hutakoff of Smart Women, Smart Solutions and the author of What's

496
00:34:45.880 --> 00:34:49.599
Next, The Seven Steps to discover
your big idea and create a wireless successful

497
00:34:49.639 --> 00:34:52.239
business. To join us to day
from Los Angeles, California. After the

498
00:34:52.280 --> 00:34:55.880
break, we'll get more into how
to manage productivity and actually build that team

499
00:34:55.920 --> 00:35:07.000
to help us along our way.
Stay with us, become our friend on

500
00:35:07.039 --> 00:35:10.559
Facebook, post your thoughts about our
shows and network on our timeline. Visit

501
00:35:10.599 --> 00:35:15.960
Facebook dot com, Forward slash Voice
America. Alise Cortez is a speaker and

502
00:35:16.119 --> 00:35:22.679
engagement and development catalyst. She designs
and delivers professional development leadership and engagement workshops

503
00:35:22.800 --> 00:35:28.519
and can bring her expertise to your
organization. She will help ignite meaningful development

504
00:35:28.559 --> 00:35:32.679
within your workforce that will increase employee
engagement, performance and retention. To learn

505
00:35:32.679 --> 00:35:37.559
more or to invite Elise to speak
to your organization, please visit her at

506
00:35:37.719 --> 00:35:43.079
www dot Elise Cortez dot com.
She would welcome the opportunity to help get

507
00:35:43.119 --> 00:35:49.320
your employees working on Purpose. Have
you friended us on Facebook yet? Why

508
00:35:49.360 --> 00:35:52.400
not? Just go to Facebook dot
com, forward slash Voice America or search

509
00:35:52.440 --> 00:35:55.840
for the keywords Voice America. Once
you are part of our Facebook network,

510
00:35:55.880 --> 00:36:00.159
you'll receive daily messages about what's happening
with our shows, this week's feature guests,

511
00:36:00.280 --> 00:36:04.760
and new happenings at the Voice America
Talk radio network, and you can

512
00:36:04.760 --> 00:36:07.280
add your voice to the always active
discussions on our timeline. Just go to

513
00:36:07.320 --> 00:36:20.599
Facebook dot com, forward slash Voice
America or search for Voice America. This

514
00:36:20.880 --> 00:36:24.760
is Working on Purpose with Elise Cortez. To reach our program today, please

515
00:36:24.800 --> 00:36:30.280
call in to one triple eight three
four six nine one four one. Again

516
00:36:30.360 --> 00:36:34.719
that's one triple eight three four six
nine one four one. You may also

517
00:36:34.760 --> 00:36:42.199
send an email to Elise Ali se
at Elise Portez dot com. Now back

518
00:36:42.239 --> 00:36:46.119
to Working on Purpose. Thanks for
staying with us, and welcome back to

519
00:36:46.159 --> 00:36:50.920
Working on Purpose if you're just tuning
in. My guest is Joy shutakof,

520
00:36:50.960 --> 00:36:54.320
the recognized leader for business lifestyle designed
for women and the founder for business consulting

521
00:36:54.320 --> 00:36:59.760
practice called Smart Women, Smart Solutions. Joy is the author of What's Next.

522
00:37:00.079 --> 00:37:02.840
Seven Steps to Discover your big idea
and create a wireless successful business.

523
00:37:04.280 --> 00:37:07.920
I'm your host, Alice Cortez.
So this next segment here I wanted to

524
00:37:07.920 --> 00:37:10.360
get into and you've alluded to this
already a few times, Joy, and

525
00:37:10.400 --> 00:37:14.559
this that whole notion of starting to
build a team so we have more time

526
00:37:14.599 --> 00:37:17.199
to do the stuff that just we
can do. And of course along with

527
00:37:17.280 --> 00:37:22.400
that comes in my thinking, the
productivity piece. So first, where do

528
00:37:22.440 --> 00:37:27.480
you notice that business owners really waste
their precious time the most? Where is

529
00:37:27.480 --> 00:37:31.320
it that they get lost when it
comes to productivity? Hands down? Social

530
00:37:31.320 --> 00:37:37.960
media? Really say more about that, because I'm probably guilty. Go ahead.

531
00:37:37.760 --> 00:37:44.559
I think that we get sucked into
our social media feed, whether it's

532
00:37:44.679 --> 00:37:47.800
on you know, Facebook, LinkedIn, Instagram, wherever your favorite channel is,

533
00:37:49.519 --> 00:37:52.159
and you know you can you can
say I'm going to go on and

534
00:37:52.199 --> 00:37:53.480
make a post and then all of
a sudden you look up at the clock

535
00:37:53.519 --> 00:37:58.800
in twenty minutes have gone by,
and so and look, I'm a social

536
00:37:58.800 --> 00:38:01.840
media junkie. I mean, I
love Facebook, That's where my biggest following

537
00:38:02.000 --> 00:38:06.079
is, and I love my peeps, and I go I post every day.

538
00:38:06.360 --> 00:38:09.599
But I get in and I get
out. I do not spend hours

539
00:38:09.639 --> 00:38:15.320
going through the seed and getting caught, you know, giving long responses to

540
00:38:15.400 --> 00:38:21.800
things. I just I think it's
especially for those new entrepreneurs. Uh And

541
00:38:21.960 --> 00:38:25.079
and here's the thing. We're wasting
time there also because we think that we

542
00:38:25.159 --> 00:38:30.679
make a post and then we're actually
someone will call us for business not going

543
00:38:30.719 --> 00:38:34.920
to happen Like that just isn't going
to happen. You've got to establish a

544
00:38:35.039 --> 00:38:40.079
very close bond and relationship with them
before they're going to buy from you or

545
00:38:40.119 --> 00:38:44.280
buy your product or service. So
this is, you know, just in

546
00:38:44.320 --> 00:38:47.159
my opinion, of course, I
see a lot of people getting stuck on

547
00:38:47.159 --> 00:38:54.960
social media, and especially at least
since the election, hours wasted wasted hours

548
00:38:55.000 --> 00:39:00.159
of productivity there. So that's that's
that's the one I see. That's it's

549
00:39:00.199 --> 00:39:02.960
the biggest culprit. Okay, thanks
for that. I really appreciate that.

550
00:39:04.000 --> 00:39:08.039
I think my listeners will as well. So when you're thinking about productivity,

551
00:39:08.079 --> 00:39:12.880
then I got to believe that you've
got some things in particular that you try

552
00:39:12.880 --> 00:39:15.960
to instill in the people that you
coach. So what kinds of things do

553
00:39:15.000 --> 00:39:17.760
you really try to encourage them to
work on, pay attention to, or

554
00:39:17.800 --> 00:39:22.320
do to be productive? Yeah?
Sure sure. So So what I talk

555
00:39:22.400 --> 00:39:25.840
with my clients about is is that
you know, every day we have high

556
00:39:25.960 --> 00:39:30.559
value activities and low value activities.
And what happens is we get, we

557
00:39:30.599 --> 00:39:35.519
get we mix those up, we
get a post it note and we you

558
00:39:35.559 --> 00:39:38.920
know, write down, you know, call X person for lunch, could

559
00:39:38.920 --> 00:39:42.800
be a new client. And then
right out underneath that we'll say, you

560
00:39:42.800 --> 00:39:46.360
know, take take it and take
the dry cleaning. Well, let's those

561
00:39:46.400 --> 00:39:52.039
two things have way different values,
right, And you have to if you're

562
00:39:52.079 --> 00:39:58.159
looking at your business and you have
to evaluate, what are the top three

563
00:39:58.400 --> 00:40:00.360
things. And I'm going to take
this from Tony Robbins, not from Joy

564
00:40:00.440 --> 00:40:06.079
Cheutakov. You know, his mantra
is three to five to thrive, and

565
00:40:06.440 --> 00:40:08.880
his whole day is if I get
three to five things done that are really

566
00:40:08.920 --> 00:40:14.760
meaningful and impactful to my business.
It's a win for me. And that's

567
00:40:14.800 --> 00:40:17.199
how I really run my days.
I think about what are the top two

568
00:40:17.239 --> 00:40:22.280
to three things that are high income
producing for me that will take the business

569
00:40:22.360 --> 00:40:27.480
forward, and that's what I focus
on, and I focus early in the

570
00:40:27.480 --> 00:40:30.079
morning to make sure I get it
done. And then you know what,

571
00:40:30.199 --> 00:40:36.559
if I get something done after those
three to five important high impact activities,

572
00:40:36.960 --> 00:40:42.760
it's a total winner for me that
day. So it's about it's about knowing

573
00:40:42.840 --> 00:40:46.360
what's important and what's not important,
and being willing at least to let go

574
00:40:46.679 --> 00:40:52.920
of things that are not as important
that we can either delegate or delete.

575
00:40:52.559 --> 00:40:57.239
That's really what I work a lot
with my clients on because they have they

576
00:40:57.280 --> 00:41:00.840
might have a to do list of
twenty items, and that's just ridiculous.

577
00:41:00.159 --> 00:41:04.119
We can't do twenty things in a
day, but we can do three to

578
00:41:04.199 --> 00:41:08.440
five, right, yes. And
that gets me into that next question,

579
00:41:08.440 --> 00:41:12.119
which you already kind of talked about
already, is when do we start adding

580
00:41:12.119 --> 00:41:15.639
people? And I love what you
said about this notion. Write down everything

581
00:41:15.639 --> 00:41:17.239
that you do in a day and
then circle the things that only that you

582
00:41:17.280 --> 00:41:21.360
can do, And that makes me
think that you probably want to try to

583
00:41:21.360 --> 00:41:24.920
find somebody else to do those non
circled things. So I would love to

584
00:41:24.960 --> 00:41:29.920
hear how it is that you coached
people how to decide that, because obviously

585
00:41:29.920 --> 00:41:34.719
there's a monetary element to it.
So how do you coach people when it

586
00:41:34.719 --> 00:41:37.960
comes time to actually adding adding members? What do they consider it to do

587
00:41:37.000 --> 00:41:42.239
it well and effectively? Sure?
Sure, So the couple of things.

588
00:41:42.239 --> 00:41:45.880
The first thing is is that we
need to outsource as soon as possible.

589
00:41:45.079 --> 00:41:51.159
So just as soon as possible,
and it could be just five hours a

590
00:41:51.159 --> 00:41:54.159
week. You know, my first
assistant who's still with me today, by

591
00:41:54.239 --> 00:41:59.719
the way, eleven years later,
my first assistant started out eight hours a

592
00:41:59.760 --> 00:42:02.800
month. Yes, and what did
I ever do? I had her return

593
00:42:02.880 --> 00:42:07.880
phone calls, schedule appointments, you
know, do do my newsletter? Things

594
00:42:07.880 --> 00:42:10.039
like that, things that just were
of no value for me to do.

595
00:42:10.599 --> 00:42:14.400
But the key is, so the
person listening they say, now, Joey,

596
00:42:14.440 --> 00:42:16.360
but that's going to cost money.
But the thing is, if you

597
00:42:16.559 --> 00:42:21.920
use those eight hours in this example, if you use those to go to

598
00:42:22.000 --> 00:42:24.559
networking meetings or have a lunch with
somebody who could lead you to new business

599
00:42:24.679 --> 00:42:29.840
or develop a new program. If
you really use those eight hours. Wisely,

600
00:42:30.239 --> 00:42:32.440
you will more than make back the
money that it costs you to hire

601
00:42:32.480 --> 00:42:38.800
that person, plus money for yourself
as well. And that's that's where that's

602
00:42:38.840 --> 00:42:43.159
the key to this and the other
thing I want to throw in about well,

603
00:42:43.280 --> 00:42:46.119
how do I hire the right person? You want to hire the person

604
00:42:46.199 --> 00:42:51.239
that's the opposite of you. So
let me give you an example. I

605
00:42:51.280 --> 00:42:55.039
am a big picture thinker. I
mean when we get into the details,

606
00:42:55.159 --> 00:42:58.920
I just you know, I want
to get up and run, run for

607
00:42:58.960 --> 00:43:00.559
the run for the hills. I
don't. I'm not a detail person.

608
00:43:01.159 --> 00:43:07.199
So guess what. Both of my
gals on my team are so detail oriented.

609
00:43:07.679 --> 00:43:13.079
It will it will. It drives
me insane. And but you see,

610
00:43:13.119 --> 00:43:16.079
we're a nice balance. They're digging
into the details and I'm working on

611
00:43:16.119 --> 00:43:19.960
the big picture. So we balance
each other out. What I see a

612
00:43:20.039 --> 00:43:22.360
lot of people do is I see
detail people hiring detail people and big vision

613
00:43:22.360 --> 00:43:25.639
people hiring big vision people, and
so known of the work ever gets done.

614
00:43:27.800 --> 00:43:30.480
Does that make sense? It surely
does. It surely does well.

615
00:43:30.519 --> 00:43:34.519
And I remember when you and I
were working on getting this interview scheduled,

616
00:43:34.519 --> 00:43:36.960
this conversation scheduled, and I said, said, they're like, well how

617
00:43:36.960 --> 00:43:38.079
about this, And you said,
uh, yeah, I'm not going to

618
00:43:38.239 --> 00:43:40.519
talk to you about my calendar.
That that's not something that I do.

619
00:43:43.360 --> 00:43:46.719
That's not my domain. And I
really appreciated that that you were really clear

620
00:43:46.760 --> 00:43:51.079
about that, and you have you've
got a clear system in place for that,

621
00:43:51.159 --> 00:43:54.599
and I totally get that. Yeah, And every time I get involved

622
00:43:54.599 --> 00:43:58.960
in those details, I gotta tell
you, it's a complete debacle. I

623
00:43:59.000 --> 00:44:01.239
just screw everything up, you know. And so you know, Kathy and

624
00:44:01.320 --> 00:44:07.679
Lynn are like, joy, just
if you could just stay away. Yeah,

625
00:44:07.119 --> 00:44:13.400
you know, yeah, I know
from the calendar exactly. Yeah.

626
00:44:13.400 --> 00:44:15.159
Well when it does come, now, this is where it gets really interesting,

627
00:44:15.239 --> 00:44:19.199
right, getting creative if you will, about how to bring on that

628
00:44:19.320 --> 00:44:22.760
extra talent so that we don't actually
go broke. Have any tips for us

629
00:44:22.800 --> 00:44:25.320
there? Well? Yeah, And
I would say the one thing I see

630
00:44:25.480 --> 00:44:29.880
the mistake I see people making is
this, you know, make sure that

631
00:44:29.920 --> 00:44:34.880
you're hiring what you're what you are
paying people's and you hire them to their

632
00:44:35.119 --> 00:44:37.320
to the task. And what I
mean by that is, you know,

633
00:44:37.719 --> 00:44:43.000
I see a lot of entrepreneurs,
you know, hiring someone to maybe answer

634
00:44:43.000 --> 00:44:46.079
the phone and answer some emails and
they're paying forty dollars an hour. Well,

635
00:44:46.079 --> 00:44:50.079
you know, that just doesn't compute. That doesn't make sense. You

636
00:44:50.199 --> 00:44:52.280
have to hire for the task or
the skill level. Now, when you're

637
00:44:52.320 --> 00:44:57.719
when you've got someone on your team
who's highly technical and they're doing a lot

638
00:44:57.719 --> 00:45:02.480
of heavy duty technical things behind the
scenes, they're going to command they're going

639
00:45:02.519 --> 00:45:07.199
to command a higher salary, more
money because they have that skill. But

640
00:45:07.280 --> 00:45:12.599
when you when you have someone who's
you know, it's very valuable answering the

641
00:45:12.599 --> 00:45:15.000
phones and scheduling comments, very valuable. I mean for me, it's golden

642
00:45:15.079 --> 00:45:19.719
to have someone doing that, but
they're but you, but that's not a

643
00:45:19.800 --> 00:45:22.920
forty dollars an hour position. So
you have to make sure as you're budgeting

644
00:45:23.320 --> 00:45:29.960
that you probably should first outsource to
that maybe lower skill level, those things,

645
00:45:29.960 --> 00:45:32.880
those admin things, while you build
up to being able to bring more

646
00:45:32.880 --> 00:45:37.119
people on your team at those higher
levels who can do that that other type

647
00:45:37.119 --> 00:45:39.760
of work for you. Does that
make sense? It sure does? Thank

648
00:45:39.760 --> 00:45:45.840
you, very crisp yet again,
thank you. Okay, well I want

649
00:45:45.880 --> 00:45:50.000
to talk if we can. You
just briefly dangled this out at me at

650
00:45:50.000 --> 00:45:52.960
this last break when we were talking
and you said something about doing it.

651
00:45:52.000 --> 00:45:55.880
You have a live event coming up? What's going on? What are you

652
00:45:55.880 --> 00:46:00.719
doing? Do I do? I
do? So every year I have this.

653
00:46:01.440 --> 00:46:05.559
I have this event in January because
it's a good time to kick off

654
00:46:05.599 --> 00:46:10.440
people's business plans, goals and strategies. And it's called a line and we're

655
00:46:10.480 --> 00:46:15.199
going to be doing it here in
SoCal in January. And if you,

656
00:46:15.280 --> 00:46:22.400
if your listeners are interested in getting
on our early bird priority notification list and

657
00:46:22.480 --> 00:46:27.639
for those people will actually have a
short window of some priority pricing as well,

658
00:46:27.679 --> 00:46:34.760
which is nice. They can go
to Joy Chutakoff Events dot com so

659
00:46:34.800 --> 00:46:42.800
that's Joy jo y C h U
d A c o ff events dot com

660
00:46:42.840 --> 00:46:45.320
and they can put their name on
the waiting list and we're going to be

661
00:46:45.360 --> 00:46:51.239
releasing all those details right after Labor
Day. Sounds really exciting. So is

662
00:46:51.280 --> 00:46:53.079
this is this something you do every
year or is this then our girl?

663
00:46:54.719 --> 00:46:57.880
No, No, we do it
every year. We've done it. This

664
00:46:57.880 --> 00:47:02.000
will be our fifth year. And
and the you know the other thing I'll

665
00:47:02.000 --> 00:47:06.400
just throw out as we are we
are, I am starting a podcast and

666
00:47:06.480 --> 00:47:08.960
that will be ending up ending,
that will be beginning end of September,

667
00:47:09.039 --> 00:47:13.519
and they can find me on iTunes. Oh that's great, that's great,

668
00:47:14.519 --> 00:47:16.760
and just really quick. I think
this is a tremendous resource. Given what

669
00:47:16.800 --> 00:47:20.920
you've already said. Whoever may be
listening thinking about if they're going to start

670
00:47:20.920 --> 00:47:24.280
a business or maybe scale their business
or better managed cash for whatever kinds of

671
00:47:24.320 --> 00:47:28.000
things that you can they can expect
to learn at this at the event.

672
00:47:29.480 --> 00:47:34.239
Oh sure, so a lot of
what we've talked about today, and we

673
00:47:34.639 --> 00:47:38.320
spend a lot of time on strategy, how to build an effective team,

674
00:47:38.480 --> 00:47:45.280
will be talking about leadership and how
to have that lifestyle and leadership style.

675
00:47:45.320 --> 00:47:49.960
I always spend a lot of time
on that for women who are growing teams

676
00:47:50.320 --> 00:47:53.119
but also want to make sure that
they're that they are practicing their values and

677
00:47:53.159 --> 00:47:59.800
taking care of themselves in the process. Again, cash flow strategies. It's

678
00:47:59.840 --> 00:48:04.039
a very high level conversation, and
I mean that in a way that someone

679
00:48:04.079 --> 00:48:07.039
who is just starting could come if
they want to hear those advanced strategies so

680
00:48:07.039 --> 00:48:12.840
they're set up right for success in
the future. But it is especially an

681
00:48:12.840 --> 00:48:17.000
incredibly es central conversation for those women
who are building their business and they know

682
00:48:17.199 --> 00:48:22.960
they are ready to really catapult to
another level. Okay, got it.

683
00:48:22.840 --> 00:48:29.119
Got it sounds great. Okay,
Well, we're getting close to the end

684
00:48:29.119 --> 00:48:30.599
of the show here before I let
you go, and I want to make

685
00:48:30.639 --> 00:48:34.440
sure that you can leave listeners with
however you want to leave them. But

686
00:48:35.000 --> 00:48:37.519
I want to know clearly you are
just listening to your voice joy. You

687
00:48:37.559 --> 00:48:42.440
clearly are a woman up to something. You are clearly motivated in your work.

688
00:48:43.039 --> 00:48:45.400
What is it about your business that
really keeps you going the way that

689
00:48:45.440 --> 00:48:50.840
you do? Oh gosh, it's
working with these women, these amazing women

690
00:48:51.000 --> 00:48:55.440
entrepreneurs. You know it is,
Oh, I get alot emotional. It's

691
00:48:57.119 --> 00:49:00.760
it's an exciting journey to every day
think that you might be a catalyst to

692
00:49:00.800 --> 00:49:07.000
help one more woman, you know, gain her independence and really allow her

693
00:49:07.000 --> 00:49:09.039
to be who she was meant to
be. I mean, to me,

694
00:49:09.159 --> 00:49:13.079
there's no better you know, other
than my family, my children, my

695
00:49:13.159 --> 00:49:15.480
husband. There's just no better feeling
in the world. So for me,

696
00:49:15.599 --> 00:49:21.480
that's that's what it's all about.
It is helping women gain their power because

697
00:49:21.519 --> 00:49:24.880
that's what the world needs. I
love that you said, you know,

698
00:49:25.159 --> 00:49:30.159
I forget exactly how you said that, but something about getting getting a little

699
00:49:30.199 --> 00:49:32.920
emotional or something right, that's when
we know that we've got something right.

700
00:49:34.000 --> 00:49:37.679
That's when we know if we get
moved to that place, then that's that's

701
00:49:37.000 --> 00:49:40.119
we know we're onto or why.
And I'm so happy you shared that and

702
00:49:40.239 --> 00:49:45.280
especially the way that you language that
joy was was was very special giving women

703
00:49:45.320 --> 00:49:52.119
their freedom. Yes, thank you. Yeah. So one thing I guess

704
00:49:52.119 --> 00:49:53.800
I didn't ask you, as I
didn't really ask you, and I'd love

705
00:49:53.800 --> 00:49:57.039
for you to just to say,
just shortly, maybe a minute or so,

706
00:49:57.840 --> 00:50:01.079
your actual book that you put out
there. I would guess that some

707
00:50:01.119 --> 00:50:04.639
of the things that you shared with
us are in that book. Is there

708
00:50:04.639 --> 00:50:07.360
anything else that is important about that
book that you think that readers can actually

709
00:50:07.360 --> 00:50:12.360
gain from? Yeah? Yeah,
you know. The first four chapters at

710
00:50:12.480 --> 00:50:16.719
seven chapters, and the first four
chapters are really about organizing yourself around It's

711
00:50:16.760 --> 00:50:22.239
really good for the person who's about
to start a business because it organizes you

712
00:50:22.320 --> 00:50:27.960
first around your values and around who
you are and how you want to allocate

713
00:50:28.639 --> 00:50:31.480
your day and your time to what
areas of your life. And then the

714
00:50:31.559 --> 00:50:37.760
last three chapters are really about having
the right thought process and the right mindset

715
00:50:37.840 --> 00:50:44.159
to get into business, because that
is key key to business growth is the

716
00:50:44.199 --> 00:50:50.039
conversations you're having with yourself. And
then of course there's a lot of marketing

717
00:50:50.079 --> 00:50:53.239
tips there in the next in the
next chapter, and the last chapter is

718
00:50:53.320 --> 00:50:59.000
all about productivity and really some tips
that more tips that I have there about

719
00:50:59.000 --> 00:51:00.199
how to get the most out of
your day and the most out of your

720
00:51:00.239 --> 00:51:02.800
business. Yeah, it's a great
it's a great book, and it's a

721
00:51:02.800 --> 00:51:07.360
short read, so it's something that
you can do quite quickly. Wonderful joy.

722
00:51:08.400 --> 00:51:12.320
Well, the last question, if
you will, if it's even a

723
00:51:12.400 --> 00:51:15.199
question, I'd like to be able
to let let my guests have the last

724
00:51:15.199 --> 00:51:17.840
word, so to speak. So
what would you like to leave our listeners

725
00:51:17.840 --> 00:51:24.679
with today? Well, I think
two things. Number one is a great

726
00:51:24.679 --> 00:51:30.159
mentor once told me that money likes
speed, and it's very true. And

727
00:51:30.599 --> 00:51:34.960
so my point to that is,
alis is that we need to be quicker

728
00:51:35.000 --> 00:51:39.079
decision makers. And I do see, especially women, we tend to prolong

729
00:51:39.119 --> 00:51:43.440
the decision making process. We tend
to wait, wait, wait, wait,

730
00:51:43.719 --> 00:51:46.360
And I want more women to stop
waiting to make a decision. I

731
00:51:46.360 --> 00:51:50.320
want you to make the decision and
then you can course correct. Okay,

732
00:51:50.400 --> 00:51:53.400
it's like to remember that oops is
better than the what if? And then

733
00:51:53.440 --> 00:51:57.559
the second thing, and I think
this is critical, The most critical part

734
00:51:57.639 --> 00:52:02.400
probably the whole call, is you
must surround yourself with people who champion you.

735
00:52:04.000 --> 00:52:07.159
Okay, if you're going to go
on this entrepreneurial journey, it is

736
00:52:07.400 --> 00:52:10.880
rocky, it is a winding path
if there are a lot of cliffs.

737
00:52:12.960 --> 00:52:15.719
You know, every day is a
challenge, which is what I love about

738
00:52:15.719 --> 00:52:20.440
it. And you need to surround
yourself with people who care about you,

739
00:52:20.519 --> 00:52:22.920
who love you, who champion you, who want to see you succeed,

740
00:52:23.400 --> 00:52:28.440
so that they are just one text
or one phone call away. Because those

741
00:52:28.480 --> 00:52:31.039
phone calls and texts sometimes you need
those people to tell you that you can

742
00:52:31.119 --> 00:52:37.039
keep going. And I would say
that's probably the best tip I've given the

743
00:52:37.039 --> 00:52:40.079
whole call. Honestly, Joy,
that is a fantastic, great way to

744
00:52:40.079 --> 00:52:43.320
finish the show. When we are
at a time, let me thank you

745
00:52:43.400 --> 00:52:45.400
so much for being with me today. You were a delight and a tremendous

746
00:52:45.400 --> 00:52:50.039
help. Oh, thank you so
much. Alis really enjoyed it. If

747
00:52:50.039 --> 00:52:52.719
you want to learn more about joining
what she's up to a Smart Women Smart

748
00:52:52.719 --> 00:52:57.159
Solutions, visit her website. It's
smart Women Solutions dot com. You've heard

749
00:52:57.159 --> 00:53:01.039
to say Before that, that event
side is Hudakov Events dot com and we'll

750
00:53:01.039 --> 00:53:10.800
see you next week. Have a
great one. We hope you've enjoyed this

751
00:53:10.840 --> 00:53:15.320
week's program. Be sure to tune
into Working on Purpose featuring your host Alice

752
00:53:15.400 --> 00:53:21.159
Cortez, every Wednesday at six pm
Eastern Time three pm Pacific Time on the

753
00:53:21.239 --> 00:53:25.119
Voice America Empowerment Channel. This week, find your life's purpose at work.