WEBVTT - How To Know If You Should Start Your Own Business

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<v Speaker 1>You're listening to a Mother with Me podcast.

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<v Speaker 2>Hello, and welcome to biz your work life Sorted. I'm

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<v Speaker 2>m Vernon, and today we're tackling the question that's probably

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<v Speaker 2>popped into your head during every terrible meeting you've sat through.

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<v Speaker 2>Should I just quit and start my own thing? Look,

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<v Speaker 2>whether you're dreaming of launching the next big tech startup,

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<v Speaker 2>I'm good for you, or if you're perfectly happy building

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<v Speaker 2>your career in a company, and honestly both are completely valid,

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<v Speaker 2>then this episode is for you. There's so much pressure

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<v Speaker 2>these days to be entrepreneurial, and sometimes we forget to

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<v Speaker 2>ask ourselves if that is actually what we want today.

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<v Speaker 2>Our career coaches, Michelle Battersby and Soph Hurst break down

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<v Speaker 2>the real talk about both parts and when I say real,

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<v Speaker 2>I actually mean real. Michelle is an entrepreneur who launched

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<v Speaker 2>Bumble in Australia and now runs her own startup, and

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<v Speaker 2>soph took the lead from Google to launch a coaching

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<v Speaker 2>program for people in their earthly career era. So they

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<v Speaker 2>both worked in some of the biggest companies in the

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<v Speaker 2>world and now they run their own businesses. So they've

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<v Speaker 2>literally lived both sides of this story. Plus As a

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<v Speaker 2>little extra bonus for you, Michelle is going to share

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<v Speaker 2>three practical steps to avoid accidentally burning through your life

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<v Speaker 2>savings guilty. Here are your big questions and concerns.

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<v Speaker 3>Have this amazing business idea, but everyone keeps telling me

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<v Speaker 3>I need more corporate experience first. How much experience is

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<v Speaker 3>enough before you can actually back yourself.

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<v Speaker 4>Everyone talks about finding the right co founder, but how

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<v Speaker 4>do you actually know if someone's right?

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<v Speaker 5>Like?

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<v Speaker 4>Do you go of your gut or is there some

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<v Speaker 4>kind of friendship to business partner formula?

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<v Speaker 1>I see all these perfect startup stories on TikTok, but

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<v Speaker 1>no one talks about the missing middle part. How do

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<v Speaker 1>you actually go from thinking of an idea to starting

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<v Speaker 1>the actual business without losing your mind?

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<v Speaker 4>The whole cost of living thing actually terrifies me. I

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<v Speaker 4>want to start my own business, but I can barely

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<v Speaker 4>afford rent to be people actually make that leap without

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<v Speaker 4>family money backing them.

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<v Speaker 5>It's something a lot of us dream about, you know,

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<v Speaker 5>quitting our job and starting a business, And there's so

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<v Speaker 5>much social pressure online to be entrepreneurial and breakaway from

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<v Speaker 5>the nine to five. But is working for yourself for you?

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<v Speaker 5>Michelle and I both currently own our own businesses, but

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<v Speaker 5>before that we worked at companies. So Google PwC City Bumble.

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<v Speaker 5>In today's episode, we're going to break down the hard

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<v Speaker 5>truth of both situations so you can make smarta decisions

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<v Speaker 5>for your career, and Michelle's going to give you three

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<v Speaker 5>practical steps that are going to stop you wasting your

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<v Speaker 5>life savings. Michelle, you've worked for some pretty awesome companies

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<v Speaker 5>and now you work for yourself, So which is better.

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<v Speaker 3>I think working at a company is better, particularly at

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<v Speaker 3>the start of your career. So I think if you've

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<v Speaker 3>landed a job at an organization where you believe in

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<v Speaker 3>the mission, you love the product, and you feel like

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<v Speaker 3>you have autonomy in your role that is just chef's kiss,

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<v Speaker 3>that can feel really amazing, and it can also set

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<v Speaker 3>you up with some really incredible skills that you can

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<v Speaker 3>then transition into entrepreneurship if you do choose to go

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<v Speaker 3>down that route later. But I also think it's worth

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<v Speaker 3>noting that entrepreneurship isn't for everyone, and you don't have

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<v Speaker 3>to go and start a business, and working at a

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<v Speaker 3>company can serve you amazingly throughout your whole career. But

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<v Speaker 3>I do think there is a definite value there if

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<v Speaker 3>you work for a company first.

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<v Speaker 5>There's so many different factors at play here, and I

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<v Speaker 5>think what this episode's going to do today is help

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<v Speaker 5>people answer that question. Is working for yourself for you?

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<v Speaker 5>And then if it is, how do you go into it? Michelle,

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<v Speaker 5>I'm actually pretty surprised that you said that. You said

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<v Speaker 5>it is better to work for a company at the

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<v Speaker 5>start of your career, and I feel like it's a

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<v Speaker 5>bit of a business hot take, because you know, it's

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<v Speaker 5>counter to the narrative that you see online right now,

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<v Speaker 5>which is all this stuff around like being a baby CEO,

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<v Speaker 5>all these inspressional career stories of entrepreneurs, and it feels

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<v Speaker 5>like everyone has a Shopify's store.

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<v Speaker 6>There's also a lot.

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<v Speaker 5>Of anti corporate, anti company talk. Sometimes it feels like,

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<v Speaker 5>am I lame to work at a company?

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<v Speaker 6>Explain yourself. Yeah.

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<v Speaker 3>I see those same narratives online and I don't agree

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<v Speaker 3>with them.

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<v Speaker 6>In my experience.

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<v Speaker 3>There are three epic reasons to work for a company first,

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<v Speaker 3>and I think the first one is really about flipping

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<v Speaker 3>that narrative on its head, like you are not a

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<v Speaker 3>slave because you work for the man. You know, all

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<v Speaker 3>this stuff you see online that you know, it's almost

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<v Speaker 3>less than it's not as fulfilling if you work for

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<v Speaker 3>someone else.

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<v Speaker 6>I don't agree with that.

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<v Speaker 3>There are so many incredible benefits to working for someone else,

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<v Speaker 3>and flip that narrative and take from your employer. You're

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<v Speaker 3>working in these big companies.

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<v Speaker 6>With processors, policies.

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<v Speaker 3>In place, and money to help you develop your skills.

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<v Speaker 3>Do the course, seek exec coaching, travel shadow people. Take

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<v Speaker 3>as much knowledge as you can from that environment and

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<v Speaker 3>build yourself on paper and you can then take that

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<v Speaker 3>to the next company and propel yourself forward, or you

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<v Speaker 3>can take it into entrepreneurship. So that's I think the

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<v Speaker 3>first benefit for working for an organization is just how

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<v Speaker 3>much you can acquire new skills and gain exposure to

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<v Speaker 3>certain things. The second benefit is it's stable. It's financially

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<v Speaker 3>stable employment. It also helps you build a network. Your

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<v Speaker 3>network will pay dividends if you do go on to

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<v Speaker 3>start your own business. It'll also help you if you

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<v Speaker 3>want to progress in a corporate environment. But an example

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<v Speaker 3>of how my network benefited me once I started my

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<v Speaker 3>own company was my app was about to launch and

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<v Speaker 3>three days from launch, it was rejected by Apple in

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<v Speaker 3>the app Store for a way. We'd applied a certain

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<v Speaker 3>piece of technology and all of our creators were on it,

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<v Speaker 3>ready to use it. All of our media, we'd done,

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<v Speaker 3>all our interviews, all of our press was about to

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<v Speaker 3>go live and we were panicking. But we had someone

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<v Speaker 3>on our cap table, so someone who'd invested in us

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<v Speaker 3>that had an app that made a hell of a

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<v Speaker 3>lot of money for Apple, and we tapped that person

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<v Speaker 3>on the shoulder, someone from our network, and they were

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<v Speaker 3>able to contact Apple, which is very hard to do

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<v Speaker 3>if you've got a baby app, and they were able.

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<v Speaker 6>To get that up approved for us.

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<v Speaker 3>So building a network will help you loads if you

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<v Speaker 3>do go on to start your own company.

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<v Speaker 5>So you feel like if you were straight out of

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<v Speaker 5>UNI trying to do this, you wouldn't have had that

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<v Speaker 5>same connection.

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<v Speaker 6>Definitely not.

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<v Speaker 3>And your network will help you in so many other ways,

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<v Speaker 3>like raising capital, hiring people.

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<v Speaker 6>I think something people don't.

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<v Speaker 3>Realize is it's very hard to hire people when you

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<v Speaker 3>start company because they don't know that your idea is

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<v Speaker 3>going to work. They don't know that your money's not

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<v Speaker 3>going to run out. They might not be willing to

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<v Speaker 3>take a smaller salary and sacrifice where they're at for

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<v Speaker 3>your dream. So most of your first hires are people

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<v Speaker 3>that already trust and know you, people that you have

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<v Speaker 3>to pull from your network. You can't just post a

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<v Speaker 3>job at and get all these people applying to this

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<v Speaker 3>unknown company. So it also can help you and in

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<v Speaker 3>that regard as well actually build a team. The third

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<v Speaker 3>thing that I think is really beneficial is if you

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<v Speaker 3>start your own company, you also automatically become a leader.

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<v Speaker 3>And not everyone has natural leadership capabilities. So being in

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<v Speaker 3>an organization, you're exposed to managers, to leaders, to execs,

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<v Speaker 3>to people with decades and decades more experienced than you,

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<v Speaker 3>and you will be exposed to good leaders and bad leaders,

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<v Speaker 3>and you'll know how it feels to be an employee,

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<v Speaker 3>and that is very very important because if you've had

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<v Speaker 3>a bad manager, you know how shit that feels, and

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<v Speaker 3>you never want to make someone feel that. So it

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<v Speaker 3>helps you grow into the kind of leader that you

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<v Speaker 3>want to be, to have experienced both good and bad.

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<v Speaker 3>I actually thought of another thing that doesn't fit into

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<v Speaker 3>my three. But you also get to make mistakes and

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<v Speaker 3>it's not at your expense, it's on someone else's dime,

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<v Speaker 3>and that is a freedom that you do not feel

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<v Speaker 3>when you have your own company.

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<v Speaker 6>So those are all my pros.

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<v Speaker 5>As someone who now owns a business, and I'm just

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<v Speaker 5>bleeding money from software mistakes that I didn't need to buy.

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<v Speaker 5>Make mistakes on someone else's money.

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<v Speaker 3>Use it as a crash course if you are really entrepreneurial,

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<v Speaker 3>see how many projects you can get your hands on

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<v Speaker 3>and use them as a crash course to starting your

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<v Speaker 3>own company, Like what projects can you build from the

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<v Speaker 3>ground up?

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<v Speaker 5>Michaele. Those are some pretty good reasons to be an employee,

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<v Speaker 5>But most Australians still have some kind of desire to

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<v Speaker 5>start their own business. So I think the numbers around

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<v Speaker 5>seventy percent, and it's actually higher for gen Z. It's

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<v Speaker 5>like eighty four percent of gen Z say they want

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<v Speaker 5>to start their own business. On the Way next, Michelle

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<v Speaker 5>breaks down exactly what you need to know before you

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<v Speaker 5>start your own business. We're talking about the transition from

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<v Speaker 5>being an employee to owning a business. What do you

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<v Speaker 5>want our listeners to know and what is the scary

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<v Speaker 5>shit that no one really talks about.

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<v Speaker 3>I think the first thing for anyone to be aware

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<v Speaker 3>of who's starting to work on a side project is

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<v Speaker 3>what is in your current employment contract. This may or

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<v Speaker 3>may not seem obvious, but a lot of employment contracts

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<v Speaker 3>actually don't allow secondary employment. Or if you come up

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<v Speaker 3>with an idea whilst you're working at the company, they

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<v Speaker 3>own that ip and they own that idea. So simple

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<v Speaker 3>things like using your personal laptop, using your personal email.

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<v Speaker 3>If you are starting to dabble in certain things, it's

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<v Speaker 3>a good idea to make sure you're not pursuing something

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<v Speaker 3>that's a conflict of interest. If something is a conflict

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<v Speaker 3>of interest, then that could end up in a pretty

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<v Speaker 3>big legal kerfuffle for you and potentially lost time and money.

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<v Speaker 3>I was mentoring someone who had spent a considerable amount

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<v Speaker 3>of money developing an app, and they'd then gone and

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<v Speaker 3>told their employer about that app and it was deemed

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<v Speaker 3>a conflict of interest and they've not been able to

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<v Speaker 3>continue to pursue that side hustle. So thinking about where

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<v Speaker 3>you're at in your career, what your idea is, and

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<v Speaker 3>being aware of what's in your employment contract is a

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<v Speaker 3>good thing to look out for. Secondary to that is

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<v Speaker 3>the main thing that a founder is going to have

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<v Speaker 3>to sacrifice, a financial sacrifices and time, So you really

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<v Speaker 3>want to make sure that you're pursuing something that has legs,

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<v Speaker 3>and ultimately you want to figure out if it has

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<v Speaker 3>legs in the fastest, cheapest way possible before you start

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<v Speaker 3>to sacrifice too much time and money.

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<v Speaker 5>I think that is actually where a lot of people

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<v Speaker 5>get really stuck. So the person who's sitting there thinking like,

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<v Speaker 5>I have this amazing idea that's going to change the world,

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<v Speaker 5>or you know, you might have someone who's like, I

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<v Speaker 5>want to start a business, but I don't even know

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<v Speaker 5>where to start. How can you actually validate a business idea?

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<v Speaker 3>Yeah, I think this is what I want to make

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<v Speaker 3>super clear, because I'm sure you've seen this as well.

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<v Speaker 3>So where someone comes to you for mentoring and they've

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<v Speaker 3>already spent their whole life savings developing an app or

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<v Speaker 3>some kind of product that they've never actually asked anyone

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<v Speaker 3>if they want, or maybe they've asked their parents or

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<v Speaker 3>their friends. That is a good start, but they're not

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<v Speaker 3>necessarily going to tell you the truth. So three ways

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<v Speaker 3>you can validate your idea without spending too much money

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<v Speaker 3>is surveying. So I recommend using a site called type

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<v Speaker 3>form generates really easy to use and interpret. It surveys

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<v Speaker 3>generates a link and you can send it out to anyone.

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<v Speaker 3>You could start with your friends. You could ask your

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<v Speaker 3>friends to pass it on to friends of them. You

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<v Speaker 3>could share it on LinkedIn and ask your immediate network

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<v Speaker 3>to get around it, and then it kind of spreads

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<v Speaker 3>from there. You could share it on social media. That

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<v Speaker 3>is a really good way to test you've actually identified

0:12:24.210 --> 0:12:27.290
<v Speaker 3>a problem people have. You want to be asking open

0:12:27.410 --> 0:12:30.809
<v Speaker 3>ended questions where possible. You want to be asking questions

0:12:30.810 --> 0:12:32.890
<v Speaker 3>that aren't just going to give you the answers that

0:12:32.930 --> 0:12:36.930
<v Speaker 3>you want really broad industry insights. You need to just

0:12:36.970 --> 0:12:41.370
<v Speaker 3>start researching the space. So surveying is a really big one.

0:12:41.930 --> 0:12:44.970
<v Speaker 3>The second one in that vein is you could actually

0:12:45.010 --> 0:12:47.770
<v Speaker 3>start to generate content. And again you could keep this

0:12:48.010 --> 0:12:50.530
<v Speaker 3>really broad. Like you're at the very start right now.

0:12:50.570 --> 0:12:54.810
<v Speaker 3>So let's just say you think that all the influencers

0:12:54.890 --> 0:12:57.450
<v Speaker 3>in the world right now are currently having a huge

0:12:57.490 --> 0:13:00.689
<v Speaker 3>problem managing their dms. You could literally create a video,

0:13:00.850 --> 0:13:03.450
<v Speaker 3>post it on TikTok and say to all the creators

0:13:03.490 --> 0:13:06.010
<v Speaker 3>out there, if you could hire one person in your

0:13:06.050 --> 0:13:08.770
<v Speaker 3>team to do one thing that would make your life easier,

0:13:08.930 --> 0:13:11.330
<v Speaker 3>what would it be. That's just going to tell you

0:13:11.690 --> 0:13:14.730
<v Speaker 3>is dms actually something that's coming up, or have they

0:13:14.730 --> 0:13:17.210
<v Speaker 3>got other problems? You know, just little things like that

0:13:17.210 --> 0:13:21.090
<v Speaker 3>that will start letting you know if you're actually onto something.

0:13:21.770 --> 0:13:26.329
<v Speaker 3>Then the third one, and I love this is competition

0:13:26.770 --> 0:13:31.210
<v Speaker 3>is good. Competition indicates that there actually is a need

0:13:31.610 --> 0:13:35.689
<v Speaker 3>for the thing you're focusing on. So go and find

0:13:36.210 --> 0:13:39.370
<v Speaker 3>all the competitors, all the companies that may have come

0:13:39.410 --> 0:13:43.290
<v Speaker 3>and gone in this realm, and hit up the founders

0:13:43.450 --> 0:13:47.650
<v Speaker 3>or ex employees or current employees maybe at those companies

0:13:48.050 --> 0:13:51.130
<v Speaker 3>and talk to them a similar method to the surveying,

0:13:51.210 --> 0:13:53.890
<v Speaker 3>but you're not going directly to your potential consumers with

0:13:53.930 --> 0:13:56.809
<v Speaker 3>this one. You're going to people that have actually worked

0:13:56.890 --> 0:13:59.689
<v Speaker 3>in it and have lived and breathed it and potentially

0:13:59.690 --> 0:14:03.130
<v Speaker 3>made mistakes, and you're figuring out, like what are the

0:14:03.170 --> 0:14:07.970
<v Speaker 3>red flags of this idea, or like is my idea innovative?

0:14:08.130 --> 0:14:10.570
<v Speaker 3>Or have I iterated enough on what these other people

0:14:10.650 --> 0:14:14.330
<v Speaker 3>have done to make this successful? And that last one

0:14:14.370 --> 0:14:18.930
<v Speaker 3>is actually inspo from my co founder because there's an

0:14:19.010 --> 0:14:21.010
<v Speaker 3>idea that she had for a platform, which was to

0:14:21.130 --> 0:14:27.050
<v Speaker 3>build the next gen Facebook events platform, and she found

0:14:27.170 --> 0:14:30.130
<v Speaker 3>many people had tried to build a product that was

0:14:30.170 --> 0:14:33.450
<v Speaker 3>going to be the next version of Facebook Events, and

0:14:33.570 --> 0:14:36.890
<v Speaker 3>she just hit up all these ex founders who had

0:14:36.930 --> 0:14:39.410
<v Speaker 3>tried and she got on the phone with them, and

0:14:39.450 --> 0:14:43.050
<v Speaker 3>she very quickly realized that that wasn't an idea that

0:14:43.130 --> 0:14:45.170
<v Speaker 3>she wanted to pursue, and she moved on to the

0:14:45.210 --> 0:14:49.530
<v Speaker 3>next And so this method is tried and tested. The

0:14:49.650 --> 0:14:52.410
<v Speaker 3>surveying with type form is exactly what I did with

0:14:52.530 --> 0:14:55.450
<v Speaker 3>my business before I went all in. None of those

0:14:55.490 --> 0:14:58.010
<v Speaker 3>ideas actually cost a dollar exactly.

0:14:58.130 --> 0:15:01.330
<v Speaker 5>It really feels like you're going from this idea is

0:15:01.330 --> 0:15:03.530
<v Speaker 5>in my head to now I'm actually getting it into

0:15:03.570 --> 0:15:06.650
<v Speaker 5>the real world and getting real feedback. I think that

0:15:06.730 --> 0:15:09.130
<v Speaker 5>point around not just your friends, it has to be

0:15:09.210 --> 0:15:11.010
<v Speaker 5>people you don't know, friends or friends, because I think

0:15:11.010 --> 0:15:13.450
<v Speaker 5>your friends are probably gonna they're gonna be pretty nice

0:15:13.450 --> 0:15:15.010
<v Speaker 5>to you about your ideas, so you want to make

0:15:15.050 --> 0:15:17.090
<v Speaker 5>sure you're validating it with other people.

0:15:17.450 --> 0:15:20.650
<v Speaker 3>Another thing that can often come out of this surveying

0:15:20.690 --> 0:15:23.770
<v Speaker 3>approach as well. Something that happened with me and Sunroom

0:15:23.930 --> 0:15:28.490
<v Speaker 3>is as I started doing the surveying, consumers were starting

0:15:28.530 --> 0:15:30.610
<v Speaker 3>to say to me, I'll invest in this, and that

0:15:30.690 --> 0:15:33.730
<v Speaker 3>for me was the light bulb moment where I thought, oh, okay,

0:15:34.050 --> 0:15:36.490
<v Speaker 3>I think we might be onto something with this. These

0:15:36.490 --> 0:15:38.570
<v Speaker 3>people are telling me they'll use it, and they're also

0:15:38.650 --> 0:15:40.730
<v Speaker 3>telling me they'd give me their own money for me

0:15:40.810 --> 0:15:41.570
<v Speaker 3>to go and build it.

0:15:41.850 --> 0:15:45.490
<v Speaker 5>So, Michelle, you were talking about the survey questions. Do

0:15:45.530 --> 0:15:48.530
<v Speaker 5>you actually have the survey that you did for Sunroom

0:15:48.610 --> 0:15:49.810
<v Speaker 5>that you can show people.

0:15:50.090 --> 0:15:50.330
<v Speaker 3>I do.

0:15:50.650 --> 0:15:52.330
<v Speaker 6>Let's put it in the show notes.

0:15:52.450 --> 0:15:58.130
<v Speaker 3>I will share the original Sunroom validation survey. And I

0:15:58.330 --> 0:16:02.810
<v Speaker 3>also have a TikTok that I posted about another app

0:16:02.890 --> 0:16:05.050
<v Speaker 3>that we were developing at Sunroom, where I was trying

0:16:05.050 --> 0:16:09.250
<v Speaker 3>to check the power of parasocial relationship. So I'll show

0:16:09.250 --> 0:16:11.930
<v Speaker 3>an example of content that I posted to validate if

0:16:11.930 --> 0:16:12.850
<v Speaker 3>an idea was good or not.

0:16:13.090 --> 0:16:16.170
<v Speaker 5>Michelle, I actually wanted to add one more point, which

0:16:16.210 --> 0:16:18.930
<v Speaker 5>is around this idea of sort of proving or disproving

0:16:18.930 --> 0:16:22.410
<v Speaker 5>your idea. I went through a similar situation where I

0:16:22.490 --> 0:16:24.890
<v Speaker 5>was leaving my company job and I wanted to figure

0:16:24.890 --> 0:16:26.690
<v Speaker 5>out what my business idea was going to be.

0:16:27.210 --> 0:16:28.210
<v Speaker 6>I still feel like I.

0:16:28.250 --> 0:16:31.330
<v Speaker 5>Just wanted a bit more handholding. I did a really

0:16:31.370 --> 0:16:34.970
<v Speaker 5>great program, sort of a founder program for women, and

0:16:35.370 --> 0:16:36.890
<v Speaker 5>I just want to share with you guys. It was

0:16:36.930 --> 0:16:39.810
<v Speaker 5>called tech Ready Women. It totally fit into my life.

0:16:39.810 --> 0:16:42.050
<v Speaker 5>I think it was like a six or seven week program,

0:16:42.530 --> 0:16:45.410
<v Speaker 5>super cost effective. I think it only cost me seven

0:16:45.530 --> 0:16:48.970
<v Speaker 5>hundred dollars and it's partly subsized by the government. It's

0:16:49.090 --> 0:16:52.130
<v Speaker 5>run by this amazing woman, Christy Whitehill, so we'll put

0:16:52.130 --> 0:16:54.090
<v Speaker 5>that in the show notes as well. I definitely recommend

0:16:54.130 --> 0:16:56.730
<v Speaker 5>if people just want a bit more support and coaching,

0:16:57.170 --> 0:17:00.210
<v Speaker 5>that's a program I did. All right, let's close this

0:17:00.250 --> 0:17:03.290
<v Speaker 5>out with some action points. So Action point number one

0:17:03.530 --> 0:17:06.530
<v Speaker 5>is you really have to be willing to sacrifice. So

0:17:06.850 --> 0:17:09.850
<v Speaker 5>what are you going to sacrifice in terms of your

0:17:10.050 --> 0:17:12.810
<v Speaker 5>pay and in terms of your time. Something that I

0:17:12.850 --> 0:17:14.970
<v Speaker 5>did was just writing a list down of what those

0:17:15.010 --> 0:17:18.250
<v Speaker 5>sacrifices would be, so you're going into this with your

0:17:18.290 --> 0:17:21.770
<v Speaker 5>eyes fully open. Number two, if you have an idea

0:17:21.770 --> 0:17:24.250
<v Speaker 5>for a business, you really want to start with validation.

0:17:24.410 --> 0:17:28.610
<v Speaker 5>So what's the cheapest and fastest way to prove or

0:17:28.650 --> 0:17:31.770
<v Speaker 5>disprove your idea? And hint, that's probably not building out

0:17:31.850 --> 0:17:35.290
<v Speaker 5>a full app. Again, Michelle's really helpful steps are going

0:17:35.370 --> 0:17:38.010
<v Speaker 5>to be in our newsletter. And action point number three.

0:17:38.290 --> 0:17:41.810
<v Speaker 5>I sort of wanted to end the episode with something

0:17:41.930 --> 0:17:45.210
<v Speaker 5>that I think summarizes this really well. It's something I

0:17:45.250 --> 0:17:48.890
<v Speaker 5>heard the other day. So making money is your reward

0:17:49.170 --> 0:17:52.850
<v Speaker 5>for putting value into the world. So don't think of

0:17:52.890 --> 0:17:55.129
<v Speaker 5>it in terms of what do I want to build.

0:17:55.250 --> 0:17:57.970
<v Speaker 5>Think of it in terms of what people actually need.

0:18:03.490 --> 0:18:07.370
<v Speaker 2>So my absolute favorite thing this episode is being assured

0:18:07.370 --> 0:18:10.050
<v Speaker 2>that it's okay to love your corporate job. I'm sure

0:18:10.090 --> 0:18:13.010
<v Speaker 2>Mamma Mia is very happy about that. Sometimes we want

0:18:13.010 --> 0:18:16.290
<v Speaker 2>to go boss, and sometimes we just don't. And for

0:18:16.370 --> 0:18:19.129
<v Speaker 2>anyone sitting there with the business idea burning a hole

0:18:19.170 --> 0:18:23.290
<v Speaker 2>in their brain, please please please check out our newsletter.

0:18:23.370 --> 0:18:26.969
<v Speaker 2>This week, Michelle's broken down exactly how to validate your

0:18:27.010 --> 0:18:29.969
<v Speaker 2>idea without spending ascent. I'll chat to you in our

0:18:30.010 --> 0:18:33.090
<v Speaker 2>buz Inbox episode that drops this Thursday, where we answer

0:18:33.250 --> 0:18:35.850
<v Speaker 2>all of your career dilemmas and see you next time.

0:18:44.609 --> 0:18:47.970
<v Speaker 2>Mamma Mia acknowledges the traditional owners of land and waters

0:18:48.010 --> 0:18:49.530
<v Speaker 2>that this podcast is recorded on