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...

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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 Cortes. 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 Cortes. 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 Cortes, 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 a particular
perspective or experience that I think expands

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

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

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i do at Insignium, a global
management 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
jobs or their actual search. If you

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

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

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

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

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

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she plans to launch into a movement
in a more war women into leadership positions

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

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was really a great conversation with us
this week. Is Joy Shutakoff, the

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

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practice called Smart Women, Smart Solutions. Joy is the author of What's Next,

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The Seven Steps to disco or your
Big, your Big Idea, and

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create a wildly successful business. She
joined us today from Los Angeles. Joy,

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Welcome to Working on Purpose. Hi
Alice, good morning, Happy to

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be here, good morning, good
afternoon for me and for you, that's

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happy to have you here. And
I want to also think I think it

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was Heidi Murray of Leadership Women who
brought us together. So thank you,

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HII if you're listening for bringing me
joy. And I mean that in all

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aspects. Double on, Chandra all
the way. So I want to get

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as much as I can out of
your joy in the short time that we

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have together. And I really want
to make sure that I guess understand the

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tremendous pearl they're getting in you.
So will you kick us off just by

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just talking briefly about that background of
yours. You've really really been on a

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fantastic journey of your own in terms
of work. Yeah, thank you,

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Elise. You know it's it has
been a wild ride. I've been actually

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a cereal I guess I would call
myself a serial entrepreneur or for all most

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thirty years, which is kind of
hard because you know, it feels like

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yesterday. And so just to give
your listeners a snapshot, I started my

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first company when I was twenty nine
years old, and you know I didn't.

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I think it's important for people to
hear that I didn't grow up thinking

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I was going to be an entrepreneur. I think I barely understood what that

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was. I was working for someone
else, maybe like many of your listeners,

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And in my early twenties, I
found out that. I just remember

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one year, it was around the
holidays, going in to see my boss

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for my review, and of course
the review was glowing. He said he

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was very happy to have me as
part of the company. But the fact

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is there weren't going to be any
bonuses that year. And oh, by

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the way, I was earning at
top of scale, and I wouldn't be

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getting a raised for the next year. So you can imagine my disappointment,

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Yes I can. And so I
went back to my desk and I went

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home for the holidays, and I
didn't do anything at first, because I

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didn't know what to do. I
was just very sad and disappointed because there

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was a lot more that I wanted
out of life. But although I was

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earning a competitive salary, it certainly
did not deliver to me all of the

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things that I wanted to experience in
the city of Los Angeles. And for

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those of you, those of you
who've ever been to Los Angeles, you

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know that it's very it's a very
expensive city to live in. And so

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my first tip for everyone is always
be curious. Because I started my first

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business because a receipt for a piece
of equipment was in the orthopedic medical industry,

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A piece of orthopedic equipment, a
receipt came across my desk, but

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shouldn't have because I was in marketing. That's my background. I've always been

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in marketing. And I saw what
was being built out for this piece equipment,

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and I found out how much it
cost to manufacture it through making just

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a few quick phone calls and I
could do the math, you know,

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didn't take a rocket Sciences to figure
that out. There was a lot of

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profit there. So very long story, I'll dial it forward. I started

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a business with those pieces of equipment, a medical equipment business. That was

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my first business at twenty nine.
There's a story we could do a whole

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nother show on about how hard it
was to get the money for the first

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ten thousand dollars so I could buy
the darned equipment. So I wasn't easy,

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but I was persistent and I started
my first business and that business did

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extremely well. About eighteen months after
I started the business, I was able

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to leave my job, which was
really a gratifying feeling and at the same

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time scary as heck, because I
didn't really know what I was doing.

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And that business was a very successful
company. I owned it for about twelve

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years. That ended up going international, and before I sold the company,

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we were we had sales and excess
of two million dollars a year. There's

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a lot to that, obviously,
a lot of a lot of ups and

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downs, a lot of success,
and a lot of failure. I want

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to say that upfront for people to
hear, but I learned from my failures

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hopefully. And you know, at
that time, at least my husband had

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just gone through some By that time, I was married, we were thinking

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about having a family. I wanted, I wanted to get off the road.

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My business was a great business,
but it required a lot of travel,

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and I knew if I wanted to
have a family that I needed to

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change the way I worked, and
so I sold my business. After my

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first child was born. My son
and my husband had also come through a

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very serious surgery. He had a
kidney transplant, and I knew I just

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wanted to change the way I worked, and I took a little bit of

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time off, and I realized that
I just loved business. It's in my

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blood. I had to get back
to doing something, and so I,

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you know, almost thirteen years ago, started Smart Women's Smart Solutions, which

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is a as you said, coaching
consulting company for women entrepreneurs. Because I

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knew one thing. I knew I
had a lot of things. I could

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share, a lot of solutions,
a lot of help, a lot of

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encouragement I could share with other women
because of my own journey. And that's

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that's sort of how I got to
where I am today. That is just

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a beautiful rendition, joy and I
can I really appreciate so many things about

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that. There's lots I could say
about that, But one thing I do

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want to get to absolutely is I'm
starting now to wonder, based on what

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you just narrated, if that is
why you focus on lifestyle design in the

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context of someone wishing to start their
business. Is that right? Is that?

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It is? It is? You
know? I think that the first

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Now, when I was in my
twenties, I had no idea of what

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this was, or this whole concept
of values orright eleas because all I thought

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about was I just want to make
a lot of money and and and and

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you know, drive my fancy car
and live in my great apartment and and

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you know, I was unmarried,
no kids. I don't even think I've

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met my husband by that time.
But as you, as we mature,

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we start to think about our time
in a different way because we start to

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realize that, you know, I
always say that time is like the elusive

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lover, you know, we can
never get enough of it. And and

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so I started to think about how
I wanted to structure my second business so

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that and help other people do that, other women, so that you can

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enjoy having a successful business and a
successful life. And I think the first

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place you have to look when you
when you want to have a lifestyle,

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uh is what are my what are
my values? You know, what's my

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number one core value? What's my
number two? Number three? And I

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think your life has to needs to
be designed around those three core values for

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you to really be successful. Right. I love that. And I don't

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know that I've ever seen that.
I've never seen the idea of lifestyle design

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in terms of how to create a
business. And I know you are considered

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a recognized leader in that in that
capacity. But it is the first time

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I've really heard that phrase attached to
creating a business like that. It makes

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so much sense. Why I didn't
do it when I was on my own,

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I don't know. But when you
when I when you do think about

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this? So I know that today
you still coach women? Is that right?

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Are you still doing coaching? Oh? Yes, yeah, okay,

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okay, that's exactly what I do. Yeah, okay. I wasn't sure

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if you if you had time left
in your in your day for that.

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Because but what I want to talk
about here, because this is where where

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it gets really interesting. I had
a couple reach out to me saying,

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you know, I saw that you're
going to have joy in your show,

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and you know, these are people
that kind of want to start their own

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their own business. And so when
we talk about vision, somebody has something

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that they want to do for themselves
in terms of business. They've got some

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idea, some context. What do
we need to understand about vision when starting

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a business. And then I don't
know if you can actually thread it through

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with what you just said about values, Well, you want your it's a

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great question. You want your vision
to match your values, of course,

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because if you set a vision for
yourself, as an example, to start

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a business, let's say as a
woman that requires a tremendous amount of travel

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and you've got three kids under the
age of fifteen at home, right right,

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I don't know that that really does
that make sense? You know?

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Absolutely? Yeah, So you have
to think about your vision in terms of

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your values when you're setting this up
if you want to enjoy it in all

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areas of your life. And to
me, as I was saying to someone

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just yesterday, that success to me
doesn't matter what the bank account says.

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Success to me means, you know, have you built a successful business and

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not given up every other part of
your life to get there? You know,

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you know? And I see examples
of that all the time. And

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I also see people who are quite
successful and they have a great relationship with

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their parents, they have a great
relationship with their children and their spouse or

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partner, and that to me is
success right there, I agree, and

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yeah, and it can be achieved. So you need to look at that.

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And the other thing I want to
throw out there though, because I

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think this can sometimes be a challenge
for women. I don't like to I'm

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sorry to be a gender, but
it's that I work with women all day

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and so I see this more than
men. And that is when you're setting

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a vision for your business for those
of you who feel like you're going to

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go out and need venture capital or
you're going to need an angel investor.

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The one thing I will say about
that is is that you really do need

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to create the big picture for those
types of conversations, because investors are looking

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for how big can this really get, not what your very next step is

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going to be? Right, So
that's a key part part of it as

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well. I just want to throw
that in because it's something that I've been

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seeing a lot of lately. But
you want to really think about, you

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know, drawing a line down the
center of the page, if you will,

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and say what's my vision and how
can I craft that so that it

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continues to weave into my values?
Okay, great, Yeah, I want

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to. I want to ask you
about growth. But before we do that,

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is there anything else that you want
to make sure that our listeners get

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about when it comes time for around
the notion of starting a business that that

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really matters for them. Anything else
that you want to you want them to

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get. Yeah, yeah, I
thank you because you're very intuitive, you

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could hear. I just I don't
want to I don't want to run over

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time, so I'm trying to choose
things carefully. The other thing, too,

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I think if you're sitting in your
office or in your house and you've

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got a big idea and you're thinking
about starting a business, you know,

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I think it's always better to have
an oops, oops is better than what

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if? Right? So okay,
right? And this is something that I

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see a lot of Well I'm going
too, I'm just waiting to get it

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perfect, or I'm waiting for the
right time, or I'm waiting for the

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perfect time. I got to tell
you, there's no perfect time to start

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a business. You just have to
start, you know, And and there's

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no you know. The One of
the things that I always share with my

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clients or women that I speak with
is that how will we know when it's

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perfect? I mean, how will
we know? I don't know what that

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looks like, So I don't know
if I'll know when it's perfect. But

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I will know when you actually put
the idea out into the marketplace and we

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start to get some feedback and we
can start to see what people think of

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it. So I always say,
let's make an oops is better than a

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what if? Like, oh gosh, what if I had been the person

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who discovered the post it pad?
Well, you know what, you didn't,

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but you probably when they discovered it
or they put it on the market,

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they probably had a lot of oops. Mess that up. Let's go

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back to the drawing board. But
look where they are today. So what

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I get from that joy is you
got to you got to be in action,

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right, you can't be an analysis
paralysis? Is that partly what you're

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saying? Movement will always beat meditation? Okay, well, the movement will

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beat meditation. I love this so
many grave phrases I'm getting out of this.

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

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We've got this business off and running
there, we're getting a little bit of

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tractive start to make some money here. What kinds of things do you see

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business owners getting stuck at at this
level to prevent them from going on to

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the next level. So they've they've
got traction and now they're starting to grow.

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What what's the stopping place there?
Well, you know, typically at

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least what I see is it's it's
starting to delegate and build that team.

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That's typically because if you when you
when you first get started, it's just

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you typically and you're you know,
you're answering the phone, you're doing all

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the emails, you're fulfilling the orders. You know, you're providing the service.

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But as you start to grow even
a little bit, you need to

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start delegating. And this is a
very hard thing for renegade entrepreneurs to do

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because we're risk takers. We're a
lot of times we're type A personalities sometimes

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and we think that we know it
all and we want to micromanage, and

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or we don't hire at all because
we think, well, gosh, if

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I hire, it's going to cost
me money. And the fact is is

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that this is a huge mistake that
people make, and I have to say

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typically more women than men, in
that we keep piling the work on,

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you know, and working late into
the night or early in the morning.

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And the key is is to actually
outsource as quickly as you can the smallest

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of details so that you can use
that time to go out and create more

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sales and to grow the brand.
That's the biggest mistake I see at that

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level that is so crisp. And
I can tell you that for the years

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that I was on my own,
I know I made that mistake and actually

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I was very slow to get help. So charge guilty as charge, just

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as you say, Joy, But
it's normal, very normal. You know.

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It's it's so and I understand it. I'm shaking my head, but

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at the same time, it's you
know, it's it's always good to say.

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You know, we have to start
looking at what are what are the

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here's here's a great way to look
at this for everybody on the listening.

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And that is one of the things
that I have my clients do is make

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a list of everything that they're doing
in their business, down to you know,

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buying paper clips or sharpening pencils.
And they have to keep that list

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for a week and then we come
back and here's the second part of the

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of the exercise. Then they have
to circle with the red pen the things

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on the list that only they can
do, only they can do right.

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And I'll tell you, out of
a list of thirty items, there's only

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about three things that is so beautiful, solid advice and great wol to take

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us into our first break. Joy
I'm your host, Alice Cortez. We're

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on the air with Joy Shutakoff of
Smart Women, Smart Solutions and the author

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of What's Next. Seven Steps to
discover your big idea and create a wildly

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successful business. She joins us today
from Los Angeles, California. We've been

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talking a bit about how to create
a lifestyle design business and the vision that

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goes into that. After the break, we're going to get into cash flow

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and scaling. Stay with us,
Become our friend on Facebook, host your

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00:17:29.319 --> 00:17:32.920
thoughts about our shows, and network
on our timeline. Visit Facebook dot com,

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00:17:32.960 --> 00:17:37.720
Forward Slash Voice America. Alis Cortes
is a speaker and engagement and development

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00:17:37.759 --> 00:17:44.480
catalyst. She designs and delivers professional
development, leadership and engagement workshops and can

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00:17:44.519 --> 00:17:48.359
bring her expertise to your organization.
She will help ignite meaningful development within your

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00:17:48.400 --> 00:17:53.519
workforce that will increase employee engagement,
performance and retention. To learn more or

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00:17:53.599 --> 00:17:59.279
to invite Elise to speak to your
organization, please visit her at www dot

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00:17:59.400 --> 00:18:03.319
elise core dot com. She would
welcome the opportunity to help get your employees

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00:18:03.559 --> 00:18:08.799
working on purpose. Have you friended
us on Facebook yet? Why not?

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Just go to Facebook dot com,
forward slash Voice America or search for the

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keywords Voice America. Once you are
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daily messages about what's happening with our
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to the always active discussions on our
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forward, slash Voice America, or
search for Voice America. This is

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00:18:41.559 --> 00:18:45.359
Working on Purpose with Elise Cortes.
To reach our program today, please call

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in to one triple eight three four
six nine one four one. Again that's

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one four one. You may also send

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00:18:55.319 --> 00:19:00.680
an email to elease A l i
se at Elise co Cortes dot com.

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00:19:00.759 --> 00:19:07.079
Now back to Working on Purpose.
Thanks for staying with us, and welcome

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back to Working on Purpose if you're
just joining us. My guest is Joy

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Shutakoff, the recognized leader for business
lifestyle design for women and the founder of

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her business consulting practice called Smart Women, Smart Solutions. Joy is the author

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00:19:18.440 --> 00:19:22.680
of What's Next, The Seven steps
to discover your Big idea and create a

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wildest successful business. I'm your host, Alice Cortes. So, Joy,

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you and I were chatting on the
break a little bit here, and I

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wanted to get into cash flow,
but I do recommend. I also recognized

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that there were more things we could
have said about strategy in terms of crafting

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our business. Can you can you
speak to that before we go on to

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cash flow? Yeah, I can. I'll give you quickly there are what

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I call the five p's of developing
a powerful strategy for your business, and

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so I'll just touch on them briefly. You know, the first one really

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

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

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

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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, who's the

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

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looking at the end user, not
you yourself as the founder, but the

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end user who will use this product
or service? What is it they care

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about? And getting really clear about
who the demographic is. The third thing

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is the perception. You know,
what does 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 industry and

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what do you want them to believe? Because this is what you would write

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in your copy and how you would
how you would brand yourself in the marketplace.

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The fourth p is product and that
is what do these people really want?

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How do we create value for the
customer? So this is really key

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is determining when you make a product, is what is it they want to

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see in the product or the service
and making sure that you include those ingredients

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are pieces so they'll actually want to
buy it. And the last thing is

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very key is the promise. You
know, how can how can we reduce

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customer's fear of buying from us?
What's my guarantee? So that's a you

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know, we want to make it
as easy as possible for people to buy

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from us, So how can we
reduce their risks so they'll go ahead and

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make the purchase. So those are
really five key questions that all start with

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the pe that someone could sit down
and ask themselves when they're getting ready to

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build a strategy for their business.
Great stuff, joy I really appreciate just

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how much meat you're giving me and
our listeners. So this is this is

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great. I've been writing things furiously
myself, so thank you. Okay,

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well, let's talk about let's talk
about cash flow, the ever present challenge

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of cash flow. I can remember
several years ago when I was doing my

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research and interviewing some of to be
one of your accountants, and they talked

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about you cash flow just like this, you know, this incredibly important thing

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that that's their focus. But what
mistakes do new entrepreneurs usually make in this

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critical air running a business? What
have you seen there? Well, the

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mistake they make is that they never
look at it. You know, it's

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and so let me explain. You
know, we start a business, we're

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excited, we're so passionate about the
product or service that we're going to bring

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to the marketplace. I mean,
it's something we've been probably dreaming about and

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visioning about for years, right,
and so we're we're finally excited to bring

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it. And so we're so we
spend you know, so much time getting

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

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that we sometimes forget to look at
the bank account and say way to hank

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on, wait a minut or whoe
are the Are the dollars I'm currently spending

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actually giving me a return on my
investment? Am I actually making money from

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the things I'm doing? And I
see this so much, and that's why

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it's it's critical for beginning entrepreneurs or
who are just out of the gate to

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really take to really take the time
to look at their numbers and figure out

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if the money they're spending is actually
working to bring people into their concept or

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into their service or product, and
and and I know why they don't do

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00:23:22.799 --> 00:23:26.240
it at least listen, looking at
your numbers and looking at profit and laws

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statements. It is not the sexy
part of owning a business, let's face

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it, but it's something that we
have to do. And that's the biggest

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00:23:34.359 --> 00:23:37.839
mistake I see is people just don't
ever look at their numbers. And that's

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why some you know, in many
cases, they end up in the red.

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Yeah, I think you're absolutely right, just just being asleep at the

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wheel. And I remember that one
of the accounts I know you used to

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say things like he was amazed that
people would actually say, well, I

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still have checks and so I must
be okay, right, right, so

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you gave some other really fantastic pearls
about the other subjects. Are there certain

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things that you really want to make
sure our listeners get about? Cash flow?

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Yeah? Sure, So I would
recommend that you obviously run a profit

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and loss statement for your business.
Get in the habit of doing that,

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even in the very beginning, even
when you're spending more money than than is

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actually coming back to you into the
business. You know, get into the

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habit of setting setting up a time
at least at least once a month.

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I recommend twice a month, but
at least once a month to look at

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where is all my money going and
do we really need all of that.

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One of the things that we do, and I have all my clients do

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at least twice a year, is
evaluate their expenses. So look at how

354
00:24:45.359 --> 00:24:51.400
many how many software you know,
how many pieces of software have you purchased

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for different things that you're launching that
you actually don't even need anymore. For

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00:24:55.240 --> 00:24:59.440
example, here's a simple one.
Let's take survey Monkey. Servey Monkey is

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a great to and I have used
it over the years many many times,

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but I only run surveys maybe twice
a year. So I'm not going to

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keep that expense on my on my
budget for twelve months. But some people

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order it and then they just pay
the monthly fee for twelve months and they

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only use it two months out of
the year. That's that's uh. Those

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are those are expenses that we should
we should be pay careful attention to and

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get rid of them because all of
those things add up, right, Just

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trying to think if there's something else
I want to share with you about cash

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00:25:36.119 --> 00:25:38.960
flow. I mean, I just
I think that it's important to look at

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how much money you're spending to acquire
a customer. You know, what are

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you how much marketing dollars are you
spending to acquire that customer? And are

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you getting a return on the investment? Are you getting back more than you

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spent to acquire the customer? Does
that make sense? Yeah? Sure does

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yes. And again I appreciate the
specificity of the kinds of things you're bringing

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00:26:00.119 --> 00:26:03.880
up because I really think it brings
home the concepts that you're sharing with us.

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Joy. So this is great.
I feel so good about sharing you

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with my listeners. Thank you so
much for coming on. Good stuff there.

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You're welcome. So scaling next is
what I wanted to get to here,

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you know, this whole wonderful thing
of let's we've got something good here,

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We're getting some traction. Now we've
got to scale. And I know

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that you talk when you're coaching with
women to as they scale to watch out

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for burnout. And I think you
mentioned seven essential questions that owners need to

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00:26:32.119 --> 00:26:34.480
ask themselves around this, So can
you help us with scaling? Maybe those

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00:26:34.559 --> 00:26:41.400
questions would be great? Yeah,
sure, one I already talked about in

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00:26:41.440 --> 00:26:45.640
the setting your strategy. But it's
always good every every year to start out

382
00:26:45.640 --> 00:26:49.960
the year asking yourself why did you
start the business? Because you want to

383
00:26:49.960 --> 00:26:53.319
review why the heck are we getting
up and doing this every day anyway?

384
00:26:53.440 --> 00:26:56.920
Right? I mean, do we
still love it as much as we did

385
00:26:57.000 --> 00:27:02.200
the first day that we launched it? A second great question is do you

386
00:27:02.279 --> 00:27:06.920
have a clear and focused plan to
give you the edge you need to get

387
00:27:06.920 --> 00:27:10.440
to where you want to be?
So, you know, are we do

388
00:27:10.519 --> 00:27:14.279
we have a plan to get to
this next level in our business that we're

389
00:27:14.279 --> 00:27:17.599
going to Are we just sort of
shooting in the dark here and just throwing

390
00:27:17.599 --> 00:27:21.240
things against the wall and hoping,
you know, something will stick. By

391
00:27:21.319 --> 00:27:22.880
the way, When you start your
business, you should be throwing a lot

392
00:27:22.920 --> 00:27:26.599
of spaghetti against the wall and to
see what will stick. That's okay,

393
00:27:26.960 --> 00:27:32.079
but once you gain traction, it's
really key to hone in on what's working

394
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and what's not working, which actually
ties back to how you spend your cash.

395
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Number three, do you have all
the clients and customers and repeat business

396
00:27:41.200 --> 00:27:47.440
that you want? I'm going to
really highlight the word repeat business. One

397
00:27:47.480 --> 00:27:52.400
of the things that I think that
we can tend to forget about, and

398
00:27:52.440 --> 00:27:59.359
it's the easiest, easiest piece of
business we can bring in is repeat business.

399
00:27:59.599 --> 00:28:02.319
You know the old saying, Elise, a bird in the hand is

400
00:28:02.319 --> 00:28:07.680
worth two in the bush. And
I see a lot of people always looking

401
00:28:07.680 --> 00:28:11.880
to acquire another new customer, another
new customer, which is great, but

402
00:28:11.000 --> 00:28:15.079
let's look at your existing customer base
that already knows you, likes you,

403
00:28:15.160 --> 00:28:19.200
and trusts you. Is there something
else you can develop to get them to

404
00:28:19.240 --> 00:28:26.400
buy again? Is there a way
to get them to re enroll for another

405
00:28:26.440 --> 00:28:30.720
period of time after they've worked with
you. This is golden and it will

406
00:28:30.799 --> 00:28:34.240
bring way more profit to your bottom
line because you didn't have to spend any

407
00:28:34.279 --> 00:28:40.400
money to reacquire that client. This
is so key and it's so easy,

408
00:28:40.720 --> 00:28:45.640
and I see people missing this point
all the time. So really important to

409
00:28:45.680 --> 00:28:51.000
work on that repeat business because you
bring more profit. The fourth one is

410
00:28:51.000 --> 00:28:55.119
do you have effective systems in place
to run a smooth operation? Right?

411
00:28:55.880 --> 00:28:59.640
This is a really big thing I
work with my clients on who have a

412
00:28:59.640 --> 00:29:04.000
stablish businesses. Is that what are
your processes? What systems do you have

413
00:29:04.079 --> 00:29:08.039
in place so that more things are
automated and we actually at least go to

414
00:29:08.240 --> 00:29:14.079
we dial it back to what happens
when somebody sends an email or calls on

415
00:29:14.119 --> 00:29:17.680
the phone. What phone number are
they calling, what's the message, who

416
00:29:17.720 --> 00:29:19.559
answers, who picks that message up? How long does it take for someone

417
00:29:19.599 --> 00:29:23.200
to get back to them? I
take them through an entire process. So

418
00:29:23.240 --> 00:29:27.680
we get these systems down so that
the sales happen quickly and more efficiently.

419
00:29:30.920 --> 00:29:33.680
Is this helpful? And is great? Keep going? Okay? Okay?

420
00:29:33.720 --> 00:29:38.079
Great? So then the next question
is really is your you know, is

421
00:29:38.119 --> 00:29:44.839
your current marketing attracting exactly who you
want as customers and clients? Right?

422
00:29:45.160 --> 00:29:47.880
You know? Are you are you
happy when you wake up in the morning

423
00:29:47.920 --> 00:29:51.000
and you're happy to go to your
office because you love the people you're working

424
00:29:51.039 --> 00:29:53.440
with or serving, or it's just
like, oh, these are just the

425
00:29:53.480 --> 00:29:56.200
people I the clients I'm attracting,
and I just have to do it to

426
00:29:56.240 --> 00:30:00.680
get by. That just signals to
me that you're you're sending the wrong You've

427
00:30:00.680 --> 00:30:04.759
got the wrong marketing message because you're
attracting the people that really, you really

428
00:30:06.240 --> 00:30:10.039
aren't the ideal people to your business. So that has to you have to

429
00:30:10.079 --> 00:30:14.240
take a look at that. And
then again, you know, the other

430
00:30:14.319 --> 00:30:18.839
question is always do you have a
system in place to easily and effortlessly determine

431
00:30:18.839 --> 00:30:22.720
how much money is coming into your
business and how much is going out?

432
00:30:22.039 --> 00:30:26.480
Which I talked a little bit about
earlier. Very key to have clear systems

433
00:30:26.960 --> 00:30:30.119
on how much are we spending,
how much are we bringing in, and

434
00:30:30.160 --> 00:30:34.319
let's evaluate what we need to keep
and get and eliminate. And last,

435
00:30:34.359 --> 00:30:37.680
but certainly not least, is how
you know. I always ask how would

436
00:30:37.680 --> 00:30:44.519
you describe your energy and enthusiasm for
your business right now? And you know,

437
00:30:44.599 --> 00:30:47.480
are you excited to throw back the
covers and jump out of bed every

438
00:30:47.480 --> 00:30:51.400
morning to greet the day, or
you know, it's like I'm in my

439
00:30:51.480 --> 00:30:55.200
pj's until Noonjoy, and I have
no real schedule and I'm completely burned out,

440
00:30:57.519 --> 00:31:03.039
you know. So those are really
the seven questions that you know,

441
00:31:03.079 --> 00:31:07.000
women should really ask themselves to make
sure that they're on track and are ready

442
00:31:07.039 --> 00:31:14.799
to grow fantastic. I just there's
so much there. And I was listening

443
00:31:14.799 --> 00:31:18.039
to you talk and I was just
thinking to myself, how amazing you must

444
00:31:18.079 --> 00:31:19.640
be to work with, What a
gift you must be for the people that

445
00:31:19.680 --> 00:31:23.279
you coach. And I wish,
I wish that it would have met you

446
00:31:23.400 --> 00:31:26.079
years ago when I was on my
own. I wish I would have met

447
00:31:26.119 --> 00:31:30.720
you. But I'm glad I know
you now. Well, I'm going to

448
00:31:30.759 --> 00:31:33.400
say, you know me now,
Alice, you know me now, and

449
00:31:33.440 --> 00:31:34.480
I want of these days I'm going
to meet you in person. There's there's

450
00:31:34.519 --> 00:31:37.960
no two ways about it. As
I like to say, you can run

451
00:31:37.960 --> 00:31:44.599
for me, but you can't hide
from you forever. Well, I won't

452
00:31:44.640 --> 00:31:47.920
hide, I promise, Okay,
good. Well. Another thing that I

453
00:31:47.960 --> 00:31:52.279
was thinking about when you were talking
is just you know, when you're really

454
00:31:52.319 --> 00:31:55.880
doing this well and you've got this
thing humming, you know, there's a

455
00:31:55.920 --> 00:31:59.240
lot to manage when you're when you're
running your own business, and I one

456
00:31:59.240 --> 00:32:01.799
of the things I'm very aware of
today as a management consultant is just how

457
00:32:01.839 --> 00:32:06.680
many businesses start to lose their edge
because they don't have the eye and the

458
00:32:06.720 --> 00:32:10.880
balls as they're looking for new venues
and staying relevant. So I wanted to

459
00:32:10.920 --> 00:32:15.960
ask how you how you coach your
your your people with so much spinning so

460
00:32:16.039 --> 00:32:20.079
much to actually keep your eye on
the ball. How do they keep looking

461
00:32:20.079 --> 00:32:23.000
for opportunities to build the business,
leverage into new venues, and make sure

462
00:32:23.039 --> 00:32:28.599
that they aren't becoming irrelevant. Yeah? Sure, no, that's a good

463
00:32:28.640 --> 00:32:34.720
question. So I think the easiest
thing to do is to first look at

464
00:32:34.960 --> 00:32:39.480
where is my target client present and
hanging out a lot. So, in

465
00:32:39.519 --> 00:32:44.359
other words, if you've got a
group that's that's a younger, If your

466
00:32:44.400 --> 00:32:49.000
if your product or service is geared
more towards the younger twenty somethings, you

467
00:32:49.000 --> 00:32:52.279
know, you've got to make sure
that you're on Instagram and Snapchat because you're

468
00:32:52.440 --> 00:32:54.680
you're you're in front of them,
right, that's where they are. Yes,

469
00:32:55.240 --> 00:32:59.839
you know, I'm just using that
as an example. Social media can

470
00:32:59.880 --> 00:33:02.160
be good, but I'm a big
believer that you need to actually get out

471
00:33:02.160 --> 00:33:06.200
and shake people's hands and look them
in the eye. So I would say,

472
00:33:06.200 --> 00:33:10.200
look for opportunities where you know your
client that you want to work with

473
00:33:10.279 --> 00:33:15.720
and grow with, where they are
where they tend to be present, and

474
00:33:15.759 --> 00:33:20.640
I would make myself available to join
into some of those networking activities. And

475
00:33:20.680 --> 00:33:23.519
you have more time for that,
Elise, when you have built a team,

476
00:33:23.799 --> 00:33:29.119
when you have people supporting the vision
and doing things for you and your

477
00:33:29.160 --> 00:33:32.920
business, you have more time to
get out and network and leverage yourself,

478
00:33:34.160 --> 00:33:37.400
right. So I would say that's
one of the ways. The other thing

479
00:33:37.440 --> 00:33:44.319
I want to just say about that
is but do things that you enjoy and

480
00:33:44.359 --> 00:33:49.640
feel comfortable doing. So my best
example on this is that I enjoy public

481
00:33:49.680 --> 00:33:52.960
speaking, but you know, I
have clients and friends who don't, and

482
00:33:53.079 --> 00:33:57.400
I always say to them, if
you don't enjoy public speaking, I wouldn't

483
00:33:57.440 --> 00:34:00.440
make that my go to marketing tool
because it can be quite painful if you

484
00:34:00.480 --> 00:34:05.480
don't enjoy it, and you know, figure out what it is you love

485
00:34:05.559 --> 00:34:08.639
to do. I have some clients
who are just beautiful writers, just amazing

486
00:34:08.760 --> 00:34:14.119
writers with the written word, and
so they you know, they write books

487
00:34:14.119 --> 00:34:16.880
about what they do, or they
they're great bloggers. They're using their gift

488
00:34:16.960 --> 00:34:21.400
to get more business. In that
way, I think it has to be

489
00:34:21.519 --> 00:34:24.920
enjoyable because I think people can see
through that. If you're out looking for

490
00:34:25.039 --> 00:34:29.559
new business, but you're doing something
that you really don't enjoy, is that

491
00:34:29.639 --> 00:34:34.440
helpful. It's very helpful, and
I completely agree with you. And yet

492
00:34:34.480 --> 00:34:37.519
again, joy another great way to
take us into our next break, which

493
00:34:37.599 --> 00:34:40.639
happened again so very quickly. I'm
Alice Cortez. You're host to a bit

494
00:34:40.679 --> 00:34:45.320
on the air with Joyce Shudakov of
Smart Women, Smart Solutions and the author

495
00:34:45.360 --> 00:34:47.719
of What's Next, The Seven Steps
to discover you're a big idea and create

496
00:34:47.760 --> 00:34:51.920
a wildly successful business. So she
joined us to jay from Los Angeles,

497
00:34:51.920 --> 00:34:54.920
California. After the break, we'll
get more into how to manage productivity and

498
00:34:54.960 --> 00:34:58.760
actually build that team to help us
along our way. Stay with us,

499
00:35:07.119 --> 00:35:09.480
become our friend on Facebook, post
your thoughts about our shows and network on

500
00:35:09.559 --> 00:35:15.559
our timeline. Visit Facebook, dot
com, Forward slash Voice America. Alise

501
00:35:15.639 --> 00:35:21.039
Cortes is a speaker and engagement and
development catalyst. She designs and delivers professional

502
00:35:21.079 --> 00:35:25.239
development, leadership and engagement workshops and
can bring her expertise to your organization.

503
00:35:25.480 --> 00:35:30.519
She will help ignite meaningful development within
your workforce that will increase employee engagement,

504
00:35:30.639 --> 00:35:35.800
performance and retention. To learn more
or to invite Elise to speak to your

505
00:35:35.920 --> 00:35:40.760
organization, please visit her at www
dot Elisecortes dot com. She would welcome

506
00:35:40.800 --> 00:35:47.119
the opportunity to help get your employees
working on purpose. Have you friended us

507
00:35:47.159 --> 00:35:51.719
on Facebook yet? Why not?
Just go to Facebook dot com, forward

508
00:35:51.760 --> 00:35:54.800
slash Voice America or search for the
keywords Voice America. Once you are part

509
00:35:54.800 --> 00:35:59.800
of our Facebook network, you'll receive
daily messages about what's happening with our shows,

510
00:36:00.000 --> 00:36:02.800
this week's feature guests, and new
happenings at the Voice America Talk radio

511
00:36:02.840 --> 00:36:07.159
network, and you can add your
voice to the always active discussions on our

512
00:36:07.199 --> 00:36:10.440
timeline. Just go to Facebook dot
com, forward slash Voice America or search

513
00:36:10.480 --> 00:36:23.440
for Voice America. This is Working
on Purpose with Elise Cortes. To reach

514
00:36:23.480 --> 00:36:28.719
our program today, please call in
to one triple eight three four six nine

515
00:36:28.840 --> 00:36:32.440
one four one. Again that's one
triple eight three four six nine one four

516
00:36:32.559 --> 00:36:37.519
one. You may also send an
email to Elise A. L i Se

517
00:36:37.760 --> 00:36:45.199
at Elisecortes dot com. Now back
to working on Purpose. Thanks for staying

518
00:36:45.199 --> 00:36:49.360
with us and welcome back to working
on Purpose if you're just tuning in.

519
00:36:49.480 --> 00:36:52.639
My guest is Joy Shutakoff, the
recognized leader for business lifestyle design for women

520
00:36:52.920 --> 00:36:58.480
and the founder for business consulting practice
called Smart Women, Smart Solutions. Joy

521
00:36:58.559 --> 00:37:01.159
is the author of What's Next.
Seven Steps to discover your big idea and

522
00:37:01.199 --> 00:37:07.639
create a wildly successful business. I'm
your host at Last Cortes. So this

523
00:37:07.840 --> 00:37:09.519
next segment here I wanted to get
into and you've alluded to this already a

524
00:37:09.519 --> 00:37:13.159
few times, Joy, and this
that whole notion of starting to build a

525
00:37:13.159 --> 00:37:15.360
team so we have more time to
do the stuff that just we we can

526
00:37:15.400 --> 00:37:20.480
do. And of course along with
that comes in my thinking, the productivity

527
00:37:20.480 --> 00:37:24.559
piece. So first, where do
you notice that business owners really waste their

528
00:37:24.559 --> 00:37:29.000
precious time the most? Where is
it that they get lost when it comes

529
00:37:29.000 --> 00:37:35.760
to productivity? Hands down? Social
media? Really say more about that,

530
00:37:35.800 --> 00:37:40.840
because I'm probably guilty, Go ahead. I think that we get sucked into

531
00:37:42.559 --> 00:37:45.320
our social media feed, whether it's
on you know, Facebook, LinkedIn,

532
00:37:45.440 --> 00:37:51.519
Instagram, wherever your favorite channel is, and you know, you can say

533
00:37:51.519 --> 00:37:52.559
I'm going to go on to make
a post and then all of a sudden

534
00:37:52.599 --> 00:37:57.320
you look up at the clock and
twenty minutes have gone by, and so

535
00:37:57.440 --> 00:38:00.360
and look, I'm a social media
junkie. I mean I love Facebook.

536
00:38:00.559 --> 00:38:04.559
That's where my biggest following is.
And I love my peeps, and I

537
00:38:04.599 --> 00:38:07.679
go I post every day. But
I get in and I get out.

538
00:38:07.440 --> 00:38:14.000
I do not spend hours going through
the feed and getting caught, you know,

539
00:38:14.039 --> 00:38:19.840
giving long responses to things. I
just I think it's especially for those

540
00:38:19.880 --> 00:38:23.920
new entrepreneurs. Uh And and here's
the thing. We're wasting time there also

541
00:38:24.000 --> 00:38:28.920
because we think that we make a
post and there we're actually someone will call

542
00:38:28.960 --> 00:38:32.119
us for business not going to happen. Like that just isn't going to happen.

543
00:38:32.519 --> 00:38:37.400
You've got to establish a very close
bond and relationship with them before they're

544
00:38:37.400 --> 00:38:43.679
going to buy from you or buy
your product or service. So this is,

545
00:38:43.719 --> 00:38:45.639
you know, just in my opinion, of course, I see a

546
00:38:45.679 --> 00:38:50.719
lot of people getting stuck on social
media, and especially at least since the

547
00:38:50.760 --> 00:38:58.400
election, hours wasted, wasted hours
of productivity there. So that's that's that's

548
00:38:58.400 --> 00:39:01.800
the one I see. That's it's
the biggest call print. Okay, thanks

549
00:39:01.800 --> 00:39:07.079
for that. I really appreciate that. I think my listeners will as well,

550
00:39:07.199 --> 00:39:10.000
so when you're thinking about productivity,
then I got to believe that you've

551
00:39:10.079 --> 00:39:14.639
got some things in particular that you
try to instill in the people that you

552
00:39:14.679 --> 00:39:16.360
coach. So what kinds of things
do you really try to encourage them to

553
00:39:16.400 --> 00:39:21.039
work on, pay attention to,
or do to be productive? Yeah?

554
00:39:21.119 --> 00:39:24.159
Sure, sure so So what I
talk with my clients about is that,

555
00:39:24.239 --> 00:39:29.400
you know, every day we have
high value activities and low value activities.

556
00:39:29.920 --> 00:39:31.960
And what happens is we get,
we get we mix those up, we

557
00:39:32.000 --> 00:39:36.719
get a post it note and we
you know, write down, you know,

558
00:39:37.239 --> 00:39:39.920
call X person for lunch, could
be a new client. And then

559
00:39:40.000 --> 00:39:44.440
right out underneath that we'll say,
you know, take take it and take

560
00:39:44.480 --> 00:39:50.000
the dry cleaning. Well, let's
those two things have way different values,

561
00:39:50.440 --> 00:39:54.480
right, And you have to if
you're looking at your business and you have

562
00:39:54.559 --> 00:39:59.800
to evaluate what are the top three
things? And I'm going to take this

563
00:39:59.800 --> 00:40:02.159
a from Tony Robbins, not from
Joy Chudahkov. You know, his maudra

564
00:40:02.360 --> 00:40:07.119
is three to five to thrive,
and his whole day is if I get

565
00:40:07.159 --> 00:40:12.840
three to five things done that are
really meaningful and impactful to my business,

566
00:40:12.920 --> 00:40:15.400
it's a win for me. And
that's how I really run my day is

567
00:40:15.480 --> 00:40:20.760
I think about what are the top
two to three things that are high income

568
00:40:20.800 --> 00:40:24.440
producing for me that will take the
business forward. And that's what I focus

569
00:40:24.519 --> 00:40:29.239
on, and I focus early in
the morning to make sure I get it

570
00:40:29.280 --> 00:40:34.079
done. And then you know what, if I get something done after those

571
00:40:34.079 --> 00:40:37.679
three to five important high impact activities, it's a total winner for me that

572
00:40:37.800 --> 00:40:44.719
day. So it's about it's about
knowing what's important and what's not important,

573
00:40:44.719 --> 00:40:50.119
and being willing at least to let
go of things that are not as important

574
00:40:50.199 --> 00:40:53.880
that we can either delegate or delete. That's really what I work a lot

575
00:40:53.920 --> 00:40:58.320
with my clients on because they have
they might have a to do list of

576
00:40:58.360 --> 00:41:01.559
twenty items, and that's just ridiculous. We can't do twenty things in a

577
00:41:01.679 --> 00:41:07.599
day, but we can do three
to five, right, yes, And

578
00:41:07.920 --> 00:41:09.679
that gets me into that next question, which you've already kind of talked about

579
00:41:09.679 --> 00:41:13.599
already, is when do we start
adding people? And I love what you

580
00:41:13.679 --> 00:41:15.639
said about this notion. Write down
everything that you do in a day and

581
00:41:15.679 --> 00:41:20.000
then circle the things that only that
you can do, and that makes me

582
00:41:20.039 --> 00:41:22.880
think that you probably want to try
to find somebody else to do those non

583
00:41:22.920 --> 00:41:27.400
circle things. So I would love
to hear how it is that you coach

584
00:41:27.639 --> 00:41:30.360
people how to decide that, because
obviously there's a monetary element to it.

585
00:41:31.480 --> 00:41:36.840
So how do you coach people when
it comes time to actually adding adding members?

586
00:41:36.880 --> 00:41:39.159
What do they consider it to do
it well and effectively? Sure?

587
00:41:39.280 --> 00:41:44.039
Sure, So couple things. The
first thing is is that we need to

588
00:41:44.199 --> 00:41:49.840
outsource as soon as possible. So
just as soon as possible, and it

589
00:41:49.880 --> 00:41:53.360
could be just five hours a week. You know my first assistant who still

590
00:41:53.360 --> 00:41:57.800
whits me today, by the way, eleven years later, my first assistant

591
00:41:58.320 --> 00:42:01.760
started out eight hours a month.
Yes, and what did I have her

592
00:42:01.840 --> 00:42:06.039
do? I had her return phone
calls, schedule appointments, you know,

593
00:42:06.159 --> 00:42:08.599
do do my newsletter? Things like
that, things that just were of no

594
00:42:08.880 --> 00:42:13.800
value for me to do. But
the key is so the person listening they

595
00:42:13.840 --> 00:42:15.199
say, yeah, Joe, but
that's going to cost money. But the

596
00:42:15.280 --> 00:42:20.920
thing is, if you use those
eight hours in this example, if you

597
00:42:21.039 --> 00:42:23.320
use those to go to networking meetings
or have a lunch with somebody who could

598
00:42:23.400 --> 00:42:28.559
lead you to new business or develop
a new program, if you really use

599
00:42:28.599 --> 00:42:31.519
those eight hours wisely, you will
more than make back the money that it

600
00:42:31.639 --> 00:42:37.480
costs you to hire that person plus
money for yourself as well. And that's

601
00:42:37.599 --> 00:42:42.480
that's where that's the key to this. And the other thing I want to

602
00:42:42.480 --> 00:42:45.280
throw in about was how do I
hire the right person? You want to

603
00:42:45.360 --> 00:42:50.280
hire the person that's the opposite of
you. So let me give you an

604
00:42:50.280 --> 00:42:54.280
example. I am a big picture
thinker. I mean when we get into

605
00:42:54.320 --> 00:42:58.320
the details, I just you know, I want to get up and run,

606
00:42:58.559 --> 00:43:00.840
run for the run for the hills. I don't. I'm not a

607
00:43:00.880 --> 00:43:06.679
detailed person. So guess what.
Both of my gals on my team are

608
00:43:06.800 --> 00:43:10.960
so detail oriented. It will it
will. It drives me insane. But

609
00:43:12.800 --> 00:43:15.719
you see, we're a nice balance. They're digging into the details and I'm

610
00:43:15.760 --> 00:43:19.719
working on the big picture. So
we balance each other out. What I

611
00:43:19.760 --> 00:43:22.920
see a lot of people do is
I see detail people hiring detail people and

612
00:43:22.920 --> 00:43:24.840
big vision people hiring big vision people. And that's so known of the work

613
00:43:24.880 --> 00:43:30.519
ever gets done. Does that make
sense? It surely does. It surely

614
00:43:30.559 --> 00:43:32.559
does well. And I remember when
you and I were working on getting this

615
00:43:32.679 --> 00:43:36.880
interview scheduled, this conversation scheduled,
and I said to They're like, well

616
00:43:36.880 --> 00:43:38.039
how about this, and you said, uh, yeah, I'm not going

617
00:43:38.119 --> 00:43:40.559
to talk to you about my calendar. That's not something that I do.

618
00:43:43.360 --> 00:43:46.760
That's not my domain. And I
really appreciated that that you were really clear

619
00:43:46.800 --> 00:43:51.119
about that and you have you've got
a clear system in place for that,

620
00:43:51.199 --> 00:43:54.719
and I totally get that. Yeah, And every time I get involved in

621
00:43:54.760 --> 00:43:59.039
those details, I got to tell
you, it's a complete debacle. I

622
00:43:59.079 --> 00:44:01.280
just screw everything up, you know. And so you know, Kathy and

623
00:44:01.360 --> 00:44:07.079
Lynn are like, joy, just
if you could just stay away, yep's

624
00:44:07.079 --> 00:44:09.159
do this? Yep. You know, yeah, I know from your calendar

625
00:44:10.480 --> 00:44:15.199
exactly. Yeah. Well when it
does come, now, this is where

626
00:44:15.199 --> 00:44:17.400
it gets really interesting, right,
getting creative, if you will, about

627
00:44:17.440 --> 00:44:21.480
how to bring on that extra talent
so that we don't actually go broke.

628
00:44:21.800 --> 00:44:24.320
Have any tips for us there?
Well, yeah, and I would say

629
00:44:24.360 --> 00:44:28.920
the one thing I see the mistake
I see people making is this, you

630
00:44:28.960 --> 00:44:32.719
know, make sure that you're hiring
what you're what you are paying peoples,

631
00:44:32.719 --> 00:44:36.679
and you hire them to their to
the task. And what I mean by

632
00:44:36.679 --> 00:44:40.320
that is, you know, I
see a lot of entrepreneurs, you know,

633
00:44:40.400 --> 00:44:44.639
hiring someone to maybe answer the phone
and answer some emails, and they're

634
00:44:44.639 --> 00:44:47.960
paying forty dollars an hour well,
you know, that just doesn't compute,

635
00:44:49.039 --> 00:44:52.000
That doesn't make sense. You have
to hire for the task or the skill

636
00:44:52.079 --> 00:44:54.480
level. Now, when you're when
you've got someone on your team who's highly

637
00:44:54.599 --> 00:44:59.840
technical and they're doing a lot of
heavy duty technical things behind the scenes,

638
00:45:00.039 --> 00:45:06.599
they're going to command they're going to
command a higher salary, more money because

639
00:45:06.639 --> 00:45:10.360
they have that skill. But when
you have someone who's you know, it's

640
00:45:10.480 --> 00:45:15.039
very valuable answering the phones and scheduling
copements, very valuable. I mean for

641
00:45:15.159 --> 00:45:19.320
me, it's golden to have someone
doing that, but they're but but that's

642
00:45:19.360 --> 00:45:22.000
not a forty dollars an hour or
position. So you have to make sure

643
00:45:22.039 --> 00:45:29.199
as you're budgeting that you probably should
first outsource to that maybe lower skill level,

644
00:45:29.400 --> 00:45:32.400
those things, those admin things,
while you build up to being able

645
00:45:32.440 --> 00:45:37.320
to bring more people on your team
at those higher levels who can do that

646
00:45:37.519 --> 00:45:39.199
that other type of work for you. Does that make sense? It sure

647
00:45:39.239 --> 00:45:44.199
does? Thank you, very crisp
yet again, thank you. Okay,

648
00:45:45.039 --> 00:45:49.480
well I want to talk if we
can. You just briefly dangled this out

649
00:45:49.480 --> 00:45:52.559
at me at this last break when
we were talking and you said something about

650
00:45:52.639 --> 00:45:55.679
doing it. You have a live
event coming up what's going on? What

651
00:45:55.719 --> 00:46:00.440
are you doing? Do I do? I do so every year I have

652
00:46:00.559 --> 00:46:05.400
this. I have this event in
January because it's a good time to kick

653
00:46:05.400 --> 00:46:10.159
off people's business plans, goals and
strategies. And it's called a line and

654
00:46:10.280 --> 00:46:15.360
we're going to be doing it to
here in Socallan January. And if you're

655
00:46:15.320 --> 00:46:22.320
if your listeners are interested in getting
on our early bird priority notification list uh

656
00:46:22.360 --> 00:46:27.400
and for those people will actually have
a short window of some priority pricing as

657
00:46:27.400 --> 00:46:32.719
well, which is nice. They
can go to joy chewt a coofevents dot

658
00:46:32.760 --> 00:46:38.280
com, So that's Joy j O
y C h U d A c O

659
00:46:38.719 --> 00:46:44.559
f F events dot com and they
can put their name on the waiting list

660
00:46:44.639 --> 00:46:49.320
and we're going to be releasing all
those details right after Labor Day. Sounds

661
00:46:49.400 --> 00:46:52.320
really exciting. So is this it's
just something you do every year or is

662
00:46:52.320 --> 00:46:57.440
this the inauggiral? No, No, we do it every year. We've

663
00:46:57.440 --> 00:47:01.360
done it. This will be our
fifth year and and the you know,

664
00:47:01.400 --> 00:47:05.320
the other thing I'll just throw out
is we are we are. I am

665
00:47:05.320 --> 00:47:08.079
starting a podcast and that will be
ending up ending, that will be beginning

666
00:47:08.239 --> 00:47:13.039
end of September, and they can
find me on iTunes. Oh that's great,

667
00:47:13.079 --> 00:47:15.960
that's great, and just really quick. I think this is a tremendous

668
00:47:15.960 --> 00:47:20.320
resource. Given what you've already said. Whoever may be listening thinking about if

669
00:47:20.320 --> 00:47:22.760
they're going to start a business or
maybe scale their business or better manage cash

670
00:47:22.800 --> 00:47:27.320
for whatever kinds of things that you
can they can expect to learn at this

671
00:47:27.480 --> 00:47:32.559
at the event. Oh sure,
so a lot of what we've talked about

672
00:47:32.599 --> 00:47:37.159
today, and we spend a lot
of time on strategy, how to build

673
00:47:37.159 --> 00:47:44.320
an effective team, will be talking
about leadership and how to have that lifestyle

674
00:47:44.320 --> 00:47:46.880
and leadership style. I always spend
a lot of time on that, uh,

675
00:47:46.920 --> 00:47:52.159
for women who are growing teams but
also want to make sure that they're

676
00:47:52.320 --> 00:47:54.920
that they are practicing their values and
taking care of themselves in the process.

677
00:47:57.079 --> 00:48:01.000
Again cash flow strategies. It's a
very high level conversation, and I mean

678
00:48:01.039 --> 00:48:06.559
that in a way that someone who
is just starting could come if they want

679
00:48:06.559 --> 00:48:09.239
to hear those advanced strategy so they're
set upright for success in the future.

680
00:48:09.639 --> 00:48:15.679
But it is especially an incredibly central
conversation for those women who are building their

681
00:48:15.719 --> 00:48:22.159
business and they know they are ready
to really catapult to another level. Okay,

682
00:48:22.599 --> 00:48:28.639
got it got it sounds great.
Okay, Well, we're getting close

683
00:48:28.679 --> 00:48:30.280
to the end of the show here
before I let you go, and I

684
00:48:30.320 --> 00:48:34.079
want to make sure that you can
leave listeners with however you want to leave

685
00:48:34.119 --> 00:48:37.000
them. But I want to know
clearly you just listening to your voice,

686
00:48:37.079 --> 00:48:40.880
joy, You clearly are a woman
up to something. You are clearly motivated

687
00:48:40.880 --> 00:48:45.000
in your work. What is it
about your business that really keeps you going

688
00:48:45.039 --> 00:48:49.880
the way that you do? Oh
gosh, it's working with these women,

689
00:48:50.000 --> 00:48:55.199
these amazing women entrepreneurs, you know
it is. I get a little emotional.

690
00:48:55.280 --> 00:49:00.679
It's an exciting journey to every day
think that you might be a catalyst

691
00:49:00.719 --> 00:49:07.840
to help one more woman, you
know, gain her independence and really allow

692
00:49:07.880 --> 00:49:09.000
her to be who she was meant
to be. I mean, to me,

693
00:49:09.159 --> 00:49:13.039
there's no better you know, other
than my family, my children,

694
00:49:13.079 --> 00:49:15.440
my husband. There's just no better
feeling in the world. So for me,

695
00:49:15.639 --> 00:49:21.079
that's that's what it's all about,
is helping women gain their power,

696
00:49:21.280 --> 00:49:24.920
because that's what the world needs.
I love that you said, you know,

697
00:49:25.199 --> 00:49:29.920
I forget exactly how you said that, but something about getting getting a

698
00:49:29.920 --> 00:49:32.920
little emotional or something right, that's
when we know that we've got something right,

699
00:49:34.000 --> 00:49:37.159
that's when we know if we get
moved to that place, then that's

700
00:49:37.519 --> 00:49:39.920
that's we know we're onto or why. And I'm so happy you shared that,

701
00:49:40.079 --> 00:49:45.079
and especially the way that you languaged
that joy was was very special giving

702
00:49:45.079 --> 00:49:52.159
women their freedom. Thank you.
Yeah. So, one thing I guess

703
00:49:52.159 --> 00:49:53.920
I didn't ask you is I didn't
really ask you, And I'd love for

704
00:49:53.960 --> 00:49:57.000
you to just to say, just
shortly, maybe a minute or so,

705
00:49:57.840 --> 00:50:01.239
your actual book that you put out
there. I would guess that some of

706
00:50:01.239 --> 00:50:05.000
the things that you shared with us
are in that book. Is there anything

707
00:50:05.039 --> 00:50:07.599
else that is important about that book
that you think that readers can actually gain

708
00:50:07.679 --> 00:50:12.480
from? Yeah? Yeah, you
know. The first four chapters, it's

709
00:50:12.480 --> 00:50:16.760
seven chapters, and the first four
chapters are really about organizing yourself around It's

710
00:50:16.800 --> 00:50:22.280
really good for the person who's about
to start a business because it organizes you

711
00:50:22.360 --> 00:50:28.000
first around your values and around who
you are and how you want to allocate

712
00:50:28.639 --> 00:50:31.519
your day and your time to what
areas of your life. And then the

713
00:50:31.599 --> 00:50:37.840
last three chapters are really about having
the right thought process and the right mindset

714
00:50:37.880 --> 00:50:42.920
to get into business, because that
is key, key key to business growth

715
00:50:43.960 --> 00:50:49.519
is the conversations you're having with yourself. And then of course there's a lot

716
00:50:49.519 --> 00:50:52.800
of marketing tips there in the next
in the next chapter, and the last

717
00:50:52.880 --> 00:50:58.599
chapter is all about productivity and really
some tips that more tips that I have

718
00:50:58.639 --> 00:51:00.000
there about how to get the most
out of your day and the most out

719
00:51:00.039 --> 00:51:02.760
of your business. Yeah, it's
a great it's a great book and it's

720
00:51:02.760 --> 00:51:07.039
a short read, so it's something
that you can do quite quickly. Wonderful

721
00:51:07.159 --> 00:51:12.280
joy. Well, the last question, if you will, if it's even

722
00:51:12.320 --> 00:51:14.880
a question, I'd like to be
able to let let my guests have the

723
00:51:14.960 --> 00:51:17.400
last word, so to speak.
So what would you like to leave our

724
00:51:17.440 --> 00:51:24.440
listeners with today? Well, I
think two things. Number one is a

725
00:51:24.480 --> 00:51:30.760
great mentor once told me that money
likes speed, and it's very true.

726
00:51:30.880 --> 00:51:34.480
And so my point to that is, Elise, is that we need to

727
00:51:34.519 --> 00:51:38.480
be quicker decision makers. And I
do see, especially women, we tend

728
00:51:38.519 --> 00:51:43.199
to prolong the decision making process.
We tend to wait, wait, wait,

729
00:51:43.239 --> 00:51:46.239
wait, And I want more women
to stop waiting to make a decision.

730
00:51:46.280 --> 00:51:49.920
I want you to make the decision
and then you can course correct.

731
00:51:50.119 --> 00:51:52.760
Okay, it's like that, remember
that oops is better than the what if?

732
00:51:53.159 --> 00:51:55.639
And then the second thing, and
I think this is critical. The

733
00:51:55.679 --> 00:52:01.440
most critical part probably the whole call, is you must surround yourself with people

734
00:52:01.440 --> 00:52:07.320
who champion you. Okay, if
you're going to go on this entrepreneurial journey,

735
00:52:07.800 --> 00:52:10.280
it is rocky. It is a
winding path. There are a lot

736
00:52:10.360 --> 00:52:15.079
of cliffs. You know, every
day is a challenge, which is what

737
00:52:15.159 --> 00:52:19.880
I love about it. And you
need to surround yourself with people who care

738
00:52:19.960 --> 00:52:22.320
about you, who love you,
who champion you, who want to see

739
00:52:22.360 --> 00:52:27.480
you succeed, so that they are
just one text or one phone call away.

740
00:52:27.880 --> 00:52:30.639
Because those phone calls and text sometimes
you need those people to tell you

741
00:52:30.679 --> 00:52:35.960
that you can keep going. And
I would say that's probably the best tip

742
00:52:36.400 --> 00:52:39.519
I've given the whole call. Honestly, Joy, that is a fantastic,

743
00:52:39.559 --> 00:52:42.880
great way to finish the show.
When we are at a time, let

744
00:52:42.880 --> 00:52:45.599
me thank you so much for being
with me today. You were a delight

745
00:52:45.719 --> 00:52:49.039
and a tremendous help. Oh,
thank you so much. Elis really enjoyed

746
00:52:49.039 --> 00:52:51.880
it. If you want to learn
more about joining what you's up to it

747
00:52:51.920 --> 00:52:55.920
smart Women's Smart Solutions, visit her
website. It's Smartwomensolutions dot com. You

748
00:52:57.039 --> 00:53:00.880
heard her say before that that event
site is Join huotacov events dot com and

749
00:53:00.920 --> 00:53:10.760
we'll see you next week. Have
a great one. We hope you've enjoyed

750
00:53:10.760 --> 00:53:15.519
this week's program. Be sure to
tune in too. Working on Purpose featuring

751
00:53:15.559 --> 00:53:20.960
your host Elise Cortes every Wednesday at
six pm Eastern Time three pm Pacific Time

752
00:53:21.000 --> 00:53:25.159
on the Voice America Empowerment Channel.
This week, find your life's purpose at work.