Speaker 1: Hello, everybody, Welcome back to the show. A sincere welcome
Speaker 1: back to the podcast, new listeners, old listeners, wherever you
Speaker 1: are on this world, on this planet, it is so
Speaker 1: great to have you here. Back for another episode as
Speaker 1: we break down the psychology of our twenties. There are
Speaker 1: some people out there who we can just all agree
Speaker 1: we basically aspire to be the people who have it all.
Speaker 1: They're intelligent, they're business minded, they take care of themselves
Speaker 1: and their relationships. They are kind, they are confident, they
Speaker 1: are hot, smart, and rich, to use the catchphrase of
Speaker 1: our guests today. I think we can learn a lot
Speaker 1: from these kinds of individuals and the mindset that they
Speaker 1: have cultivated for themselves. I don't talk about entrepreneurship or
Speaker 1: business a lot on this podcast because it is a
Speaker 1: psychology podcast, but when we get down to it, there
Speaker 1: is a lot of psychology involved, and I do get
Speaker 1: so many questions about it, revolving around how you can
Speaker 1: take risks on yourself, how you can find your niche,
Speaker 1: what is the secret to being successful and creative in
Speaker 1: your twenties, and how can we balance all of that
Speaker 1: ambition whilst also having a fierce, confident Aura cultivating wealth
Speaker 1: in our life in whatever form, and I was lucky
Speaker 1: enough to find someone who has discovered that very formula. Today,
Speaker 1: we have on a special guest, the founder of Hot, Smart,
Speaker 1: and Rich, Maggie Sellers. Maggie, can you introduce yourself?
Speaker 2: Well, First of all, thank you so much for having me.
Speaker 2: I'm truly honored. It's also so interesting hearing your voice
Speaker 2: over zoom, because I feel like I've heard it in
Speaker 2: my ears for so long, and I'm just so grateful
Speaker 2: to be here. But yeah, I'm Maggie Sellers. I'm also
Speaker 2: from a Commonwealth country, Canada. I emigrated to the US
Speaker 2: almost seven years ago to work in really high grow startups.
Speaker 2: I was in highgro startups for a super long time,
Speaker 2: and then I ended up really having this labeled moment
Speaker 2: where I realized celebrities were the future of distribution to
Speaker 2: reach a new audience at a super inexpensive way. So
Speaker 2: I ended up working for some of the biggest celebrities
Speaker 2: in the world at a management company. I helped build
Speaker 2: some brands for them. I did brand partnerships, creative strategy,
Speaker 2: and then I fell in love with early stage investing
Speaker 2: when a lot of young brands would come to us
Speaker 2: in exchange for equity ownership in the brand versus cash.
Speaker 2: Ended up launching a corporate Venture arms record label or
Speaker 2: record Labels Corporate Venture Arm, and then I've spent the
Speaker 2: last two years really building AHSR as a media company,
Speaker 2: media investment holding company to empower women to become their hottest, smartest,
Speaker 2: richest self.
Speaker 3: We started with short.
Speaker 2: Form content, We're very quickly expanding into long form content.
Speaker 2: And I'm just so grateful every single day to be
Speaker 2: helping make an impact in so many incredible women's lives.
Speaker 3: To just be authentically themselves.
Speaker 1: Oh my goodness, I love that. I love everything that
Speaker 1: it stands for, especially since you know your shit like
Speaker 1: you are, you would body the hot smart rich ethos
Speaker 1: and not in the way that I think people typically think.
Speaker 1: Like it's such a mindset thing for you, and just
Speaker 1: I think an incredible, an incredible mission to just be
Speaker 1: like women can have a space in like male dominated spaces.
Speaker 1: They can do it all like they are smart, they
Speaker 1: can be wealthy, they can be like this attractive, confident force.
Speaker 1: What was like you kind of explained how you came
Speaker 1: to develop Hot Smart Ridge, Yeah, what was like your
Speaker 1: motivation was there? Like a light bulb moment for you
Speaker 1: where you were, like, people kind of need this, like
Speaker 1: we need like the like a finance brogue community for women.
Speaker 3: Yeah, so badly.
Speaker 2: I think it's like a lot of little moments in
Speaker 2: my life that laddered up to finally being able to
Speaker 2: take the plunge of just people thinking one thing about me,
Speaker 2: or these kind of passive aggressive compliments, backhanded compliments of like, oh,
Speaker 2: you're so much nicer than I thought you were, You're
Speaker 2: actually really smart, And I think I just over time
Speaker 2: felt really worn down by those small things. But then
Speaker 2: there were obviously a lot of like bigger moments in
Speaker 2: people's lives that just make you realize that you.
Speaker 3: Want to make a change.
Speaker 2: And there's one story in particular that always comes back
Speaker 2: to me where I was working at a startup and
Speaker 2: I was taking on so much responsibility and just like
Speaker 2: doing what I did at every startup, which was acting
Speaker 2: as if it was my own working crazy hours, more responsibility,
Speaker 2: no more money. And I had been negotiating back and
Speaker 2: forth with my male boss at the time, trying to
Speaker 2: just like advocate for myself and be taken seriously, and
Speaker 2: there was just this moment where he was like, I
Speaker 2: just don't think that you're worth it, and I was like, well,
Speaker 2: then I'm going to leave. And I never thought that
Speaker 2: he would let me leave. I thought ultimately it was
Speaker 2: going to be like, of course, I would never let
Speaker 2: you leave. And I left, and I had no idea
Speaker 2: what I was going to do. I had sixty days
Speaker 2: to get deported back to Canada because of my visa staff.
Speaker 3: And I just had to figure it out.
Speaker 2: And it was this really interesting moment where everything I
Speaker 2: had known kind of melted away and it was just
Speaker 2: like I bet one hundred percent on myself. And I
Speaker 2: think it was through the last three or four years
Speaker 2: of working mostly for men, mostly for men talent, mostly
Speaker 2: just around men in this space where I didn't have
Speaker 2: the same credentials that a lot of them had. I
Speaker 2: didn't go to an IVY League school, I you know,
Speaker 2: didn't go to investment banking. I didn't have any connections,
Speaker 2: like I've built my entire network myself for seven years
Speaker 2: since I got here, and I just realized how lonely
Speaker 2: I felt, but how much I loved what I was doing,
Speaker 2: and I was like, I wish there was just more
Speaker 2: people that I could do this with that I related to.
Speaker 2: And then there was this other light bulb moment where
Speaker 2: I saw a lot of deals and it was often,
Speaker 2: you know, geared towards selling to women, and women control
Speaker 2: eighty five percent of consumer spend in the US, yet
Speaker 2: we get two percent of venture dollars.
Speaker 3: And it was often.
Speaker 2: Men that were getting the deals, going to their wives
Speaker 2: or their girlfriends and their friends and asking for like
Speaker 2: do you use this or what products compute this? And
Speaker 2: I'm like, women are literally giving away the secrets to
Speaker 2: make men wealthy because we control to spend, we know
Speaker 2: what people are buying. So if I can help tell
Speaker 2: women that what actually makes them good consumers is what
Speaker 2: would make you a good business person or a good investor,
Speaker 2: then I'm actually going to teach the fisherman to fish,
Speaker 2: not just give him the fish. And so that's kind
Speaker 2: of what started, and I think just has spiraled from
Speaker 2: there to be so much of a mission for me.
Speaker 2: But it's been really fun along the way, which I
Speaker 2: honestly haven't been able to say. I've had a lot
Speaker 2: of excitement in my career, but I haven't had fun
Speaker 2: like every single day because I really am like the
Speaker 2: own writer of my destiny now.
Speaker 1: Honestly, Like, hearing you talk about this, I'm getting so inspired. Yeah,
Speaker 1: I have like no interest in like investing or in
Speaker 1: venture capital, and I'm like, what am I going to
Speaker 1: invest in next? Like, like, my money is my pow.
Speaker 1: I've never really considered it, which is probably not a
Speaker 1: great thing to earn up to.
Speaker 2: But I think that's part of the problem, is that
Speaker 2: we are not encouraged to even think about the little
Speaker 2: things that we can do. And I think that is
Speaker 2: where the way that women think about money is just
Speaker 2: so fundamentally different than the way that men think about
Speaker 2: money that it's almost just changing the perception of how
Speaker 2: hard it is to even think about it. It's like
Speaker 2: getting people excited to talk about it is part of
Speaker 2: what the purpose is. Like I will come on record
Speaker 2: and say I know what I'm good, I know what
Speaker 2: I'm not. If you want to be a Wall Street
Speaker 2: guru ninja, I'm probably not the person that's going to
Speaker 2: teach you how to do that, But I will teach
Speaker 2: you how to change your mindset towards money, your mindset
Speaker 2: towards how you think about yourself, your mindset towards how
Speaker 2: you think about collaboration, and there will be tips and
Speaker 2: trips along the way and a community to help you
Speaker 2: build whatever your dream is, whether it's starting a company,
Speaker 2: investing in a company, being the head of marketing, or
Speaker 2: whatever your career ambition.
Speaker 3: Is for you.
Speaker 1: What I found really interesting about what you just said
Speaker 1: was how we think about money. And what's really interesting
Speaker 1: is that my mum is actually an economist, which a
Speaker 1: lot of people don't know. And so you would think
Speaker 1: that I have this attitude towards money that would be
Speaker 1: very different and very rational and very kind of accumulative.
Speaker 1: But I just feel like I was then socialized, like
Speaker 1: at school and at university, to see this group of
Speaker 1: people who care about, you know, wealth management and wealth
Speaker 1: growth and investing in all those things, and I was like,
Speaker 1: I don't. I don't see myself represented there. Like I
Speaker 1: see myself in this more emotional side of things. I
Speaker 1: see that myself in this more like psychological side. So
Speaker 1: the fact that you have come up with essentially what
Speaker 1: is like a coaching brand, almost like this whole brand,
Speaker 1: and the primary thing I think you is, how do
Speaker 1: we get strong independent women over there imposter syndrome? And
Speaker 1: how do we make it so that you see yourself
Speaker 1: represented in a space that previously you thought you didn't
Speaker 1: deserve to be in, or whether that's launching your own business,
Speaker 1: whether that's in like your dream career, whether that's like
Speaker 1: dating the people you want to date, like speaking your
Speaker 1: opinion in like a crowded room. One of my favorite
Speaker 1: taglines that you have is like you are the CEO
Speaker 1: of a slow life in a fast world. Now. I
Speaker 1: think that's really important to pull out here, because you know,
Speaker 1: I love the slow life, you know, I love the
Speaker 1: soft life, the gentle life where it's not all focused
Speaker 1: on like productivity and like doing as much as you can.
Speaker 1: And you kind of spoke about how when you were
Speaker 1: doing that you were so burnt out and you still
Speaker 1: had people your boss say to you like, well, you're
Speaker 1: still not worth it. What does it mean to you now,
Speaker 1: having started your own company? How do you embody this
Speaker 1: like slow life in a fast world or in the
Speaker 1: fast line?
Speaker 2: I guess it's such a great question, and it's something
Speaker 2: that I feel so passionate about because I think that
Speaker 2: we have totally just gone down the wrong way of productivity.
Speaker 2: People think busyness is productivity, and it is so not.
Speaker 2: Am I busy of course I am. But I'll give
Speaker 2: you a great example and a great story. I have
Speaker 2: been traveling a lot more than normal. I just got
Speaker 2: back on Monday, it's Wednesday. I'm leaving again on Saturday
Speaker 2: for two weeks to go to India. I have so
Speaker 2: many things going on in my life. This week, I've
Speaker 2: injured my back, so I have, you know, a spy
Speaker 2: and a specialist appointment. I have all these doctor's appointments.
Speaker 2: I have all these commitments that I've made, and I
Speaker 2: could start to feel myself just be like, how am
Speaker 2: I going to do this? And the old me would
Speaker 2: have been like wake up at six am, go to
Speaker 2: bed at twelve, like coffee, coffee, Like skip my workout,
Speaker 2: skip my mental health. And that is just so detrimental
Speaker 2: to the longevity of building a marathon versus a sprint
Speaker 2: of a business. That I sat down with myself and
Speaker 2: I was like, what are the three most important things
Speaker 2: of the business? Okay, what are the three most important things?
Speaker 2: Underneath that? Then I wrote down is there anything that
Speaker 2: I can delegate? Is there anything that I can take
Speaker 2: off of my calendar to be able to accomplish everything?
Speaker 2: And once you break things down, very easily you're able
Speaker 2: to understand how Yes, there are things that are really
Speaker 2: important that people are relying on you for. But there's
Speaker 2: something that my boyfriend recently just taught me that I
Speaker 2: ask myself every single day when I'm feeling overwhelmed.
Speaker 3: Is is this urgent or is this important?
Speaker 2: Because urgency is typically somebody else's to do list, and
Speaker 2: it is not your job to do somebody else's to
Speaker 2: do list. It is your job to do what is
Speaker 2: important for you, your business, your company that you work for,
Speaker 2: or your career. And so instead of tackling somebody else's
Speaker 2: urgent to do list, it is the most important for
Speaker 2: you to do what's important for you, and everybody else
Speaker 2: can wait. And so there's like little tips and tricks
Speaker 2: that you can do where you know you can just
Speaker 2: do different time blocking, day blocking. Sometimes I even put
Speaker 2: it an out of office just saying I'm going to
Speaker 2: be slow to respond because of X, Y and Z.
Speaker 2: And yes, if you work at a big corporation, there
Speaker 2: might be things you have to work through with your manager,
Speaker 2: But I do think that if you are really transparent
Speaker 2: and you have great communication and you explain what you
Speaker 2: are doing, you.
Speaker 3: Should all be working towards the same goal.
Speaker 2: It is easier for people now to be able to
Speaker 2: work together when you still have boundaries.
Speaker 1: I absolutely one hundred percent agree. And also something that
Speaker 1: we say a lot on the podcast, right, boundaries are
Speaker 1: a sign of respect. Boundaries are a sign of dedication,
Speaker 1: loyalty and love. Because the time that I have had
Speaker 1: the least amount of boundaries has actually been when I've
Speaker 1: disappointed the most people because totally right, like you over commit,
Speaker 1: you say you can do something because you don't want
Speaker 1: to let them down, whereas if you had the boundary
Speaker 1: of saying I'm sorry, I'm clocking off at six, and
Speaker 1: that's that you know, you don't impress upon someone that
Speaker 1: you can do more than you can do. And I
Speaker 1: remember being like when I was at my corporate job,
Speaker 1: like working as a management consultant. I was in Melbourne.
Speaker 1: I live in Sydney now and my family all live
Speaker 1: in Melbourne. And it was my grandma's birthday and I
Speaker 1: had promised to go to her birthday dinner. And I'm
Speaker 1: at my job and I'm in a team of five
Speaker 1: men and it's not a gendered thing, but this is
Speaker 1: it was gendered for me, and that I didn't feel
Speaker 1: like I could say, hey, guys, like I'm going to
Speaker 1: go to my grandma's birthday. Like it was just like
Speaker 1: emotional thing. And I'm in this team of five men
Speaker 1: and we're doing a productivity report for a huge like
Speaker 1: a huge consumer industry body in Australia, and my boss
Speaker 1: is like, sorry, guys, I'm going to need you all
Speaker 1: to stay nine, and I ended up, you know, still leaving.
Speaker 1: You know. I was like, yeah, yeah, sure, I can
Speaker 1: do that, but then I ended up leaving at eight
Speaker 1: instead of nine, and then everyone was pissed at me.
Speaker 1: And I was still late for like my grandma's birthday,
Speaker 1: and she was I could see, like quite upset. So
Speaker 1: if I just had the boundary of like, no, I'm sorry,
Speaker 1: I'm happy to start earlier tomorrow, but this is a
Speaker 1: hard stop for me, it's like no one would have
Speaker 1: been hurt. Yes, maybe they would have been initially disappointed,
Speaker 1: but there's a respect there of like, I respect you
Speaker 1: enough to be open about what I'm doing and what
Speaker 1: I needed outside of work, and you better kind of
Speaker 1: respect me enough to say something. But because it was
Speaker 1: like this senior male figure in the organization and there
Speaker 1: were all these guys, and like none of them really
Speaker 1: had like partners, Like a lot of them were like
Speaker 1: quite younger. None of them really like had these family commitments.
Speaker 1: I'm sure they did, just not at that time, like
Speaker 1: it was so much harder to do it.
Speaker 2: And I think, you know, it's so funny. I always
Speaker 2: see like words matter and language matters. And you said,
Speaker 2: I'm sorry, alartin coming from a Canadian, it comes out
Speaker 2: of my mouth a lot, but I think you said
Speaker 2: something really great where it's like you say, I actually
Speaker 2: thank you for your understanding. I need to leave at
Speaker 2: six pm for my grandmother's birthday, which is a previous
Speaker 2: commitment which I told you about.
Speaker 3: Thank you for your understanding.
Speaker 2: I will be in the office tomorrow at seven am,
Speaker 2: three hours earlier than when everybody else is getting in,
Speaker 2: to finish my part of the work, and I'm happy
Speaker 2: to review it at a time that's beneficial for both
Speaker 2: of us. And yes, there are some bosses that will
Speaker 2: not respect that and want you to be this like
Speaker 2: scared person of like I'm so sorry, But that's also
Speaker 2: not an environment that you should want to work in
Speaker 2: long term because it's not fostering your success and development,
Speaker 2: and so I think it's things like just even again,
Speaker 2: like this is hot smart Ridge is a mindset. It's
Speaker 2: like how do we change people's language and change collaboration,
Speaker 2: and so it's using language like thank you for your
Speaker 2: understanding versus I'm sorry because we shouldn't be sorry that
Speaker 2: we have a life outside of work.
Speaker 1: It's such people plase a behavior on my pot as well.
Speaker 1: The i'm sorry thing is something that I find myself doing.
Speaker 1: It's something I think it must be. Yeah, it is
Speaker 1: a really good habit to learn of switching, the switching
Speaker 1: from being apologetic for taking up space and for standing
Speaker 1: up for yourself that's not something that you need to
Speaker 1: feel sorry for, to being like thank you for respecting that,
Speaker 1: like thank you for respecting my boundaries and my autonomy
Speaker 1: and actually just like respecting me as a person who
Speaker 1: is nuanced and who was not just their job, who
Speaker 1: is not just a partner, who was not just anything exactly.
Speaker 1: I want to move into our first topic of the day,
Speaker 1: which is how to be hot? Okay, Maggie, hot, smart, rich,
Speaker 1: Hot is the first word in this in this sequence
Speaker 1: of beautiful words, What does it actually take to be
Speaker 1: quote unquote hot? Because I think we know it's not office.
Speaker 1: We all know that we want to be someone who
Speaker 1: is perceived as attractive, but it is actually more psychological
Speaker 1: than it is physical. It is a mental mindset. How
Speaker 1: do we kind of activate that hot mindset for ourselves?
Speaker 3: Yeah?
Speaker 2: I love this question, and I think, you know, it's
Speaker 2: so funny because people are always like so thrown off
Speaker 2: when they hear I'm a hot, smart, rich girl. But
Speaker 2: I think to your point exactly, being hot is such
Speaker 2: a state of mind, and it really starts with confidence
Speaker 2: because being your most confident self in whatever that is
Speaker 2: for you is what is true hotness. To me, I
Speaker 2: think you know, even for me, coming in and feeling
Speaker 2: hot is being powerful in my words and my intentions
Speaker 2: and how I make people.
Speaker 3: Feel that is hot, like there is.
Speaker 2: It's going to be different for everybody, but for me,
Speaker 2: being hot is feeling like I can walk into a
Speaker 2: room where I don't know anybody, not on my phone,
Speaker 2: and feel hot and confident that like I am that,
Speaker 2: like I am that girl that's walking in no matter
Speaker 2: what I'm wearing, no matter what I'm looking like that day,
Speaker 2: and no matter how what stage of my cycle I'm in,
Speaker 2: It's just a confidence and an attitude that I think
Speaker 2: we as women, to your point earlier, like feel so
Speaker 2: much imposter syndrome. We feel like do we deserve to
Speaker 2: be there? And I think like being hot is also
Speaker 2: just in the way that for me and for you,
Speaker 2: and how everybody else that's listening to this takes care
Speaker 2: of themselves, Like what does your self care routine look like?
Speaker 2: Is that affirmations? Is that journaling? Is that walking? Is
Speaker 2: that a crazy boxing workout? Is that bicycling? Cycling? It's
Speaker 2: just what makes you feel fulfilled and makes you feel
Speaker 2: happy outside of what you do.
Speaker 3: For your job.
Speaker 2: And I think the words I get hesitant to like
Speaker 2: break each down so much because actually where it came
Speaker 2: from was this idea that I kept seeing on TikTok.
Speaker 2: Hawk girls do this, Hawk girls do that, And it
Speaker 2: was this like hot girl walk And I'm like, but
Speaker 2: I want to be more than just being hot, Like
Speaker 2: I want to be smart, I want to be happy,
Speaker 2: I want to be healthy, I want to be abundant. Well,
Speaker 2: what are the three most catchy words that are clickbait? Hot?
Speaker 3: Smart, and rich?
Speaker 2: Of course I want people to be happy and healthy,
Speaker 2: but I wanted to embody things that weren't just fixating
Speaker 2: on one thing, because we are so much and that's
Speaker 2: the whole purpose of Hot, Smart Rich. We are so
Speaker 2: much more than just one aspect of how we are
Speaker 2: defined or how we define ourselves. We are multifunctional, amazing
Speaker 2: creatures that have interests and hobbies and things that we
Speaker 2: are good at that we want to learn more about.
Speaker 2: So hot is one aspect of it, but it's also
Speaker 2: so much more than that.
Speaker 1: I absolutely love how you put that, you know. I
Speaker 1: also love the like behind the scenes acknowledgment that it
Speaker 1: is still a marketing you are still running a business totally.
Speaker 2: I mean, I think that's what the best the best businesses.
Speaker 2: And this is something that often because I am so
Speaker 2: collaborative and I'm giving so many tidbits away and I'm
Speaker 2: like crying on the internet and going through breakups on
Speaker 2: the end and all the while joining a seventy five
Speaker 2: million dollar adventure fund and investing like that is the
Speaker 2: realness and vulnerability that I think is missing from the workforce.
Speaker 2: That is why women don't see other women at the
Speaker 2: top like we do men. That is why we don't
Speaker 2: see women getting the same amount of dollars invested into
Speaker 2: them because we have to shy away from anything that
Speaker 2: makes us look emotional or that makes us look like
Speaker 2: we have a life outside of our jobs. And so
Speaker 2: for me, it's like I want women to embrace all
Speaker 2: aspects of them, obviously again with our own boundaries, like
Speaker 2: you can't go into your job every day crying, of
Speaker 2: course not.
Speaker 3: But I just want to create a space.
Speaker 2: And the best businesses are built off of business meets mission.
Speaker 2: Like if you do not have a why, whether you
Speaker 2: want to be a content creator, you want to start
Speaker 2: a business, you want to be an investor, your why
Speaker 2: is what will carry you through. If you don't have that,
Speaker 2: when things get hard, you will quit. There are days
Speaker 2: where I just want to what I'm doing, and then
Speaker 2: I'm like, but what about the girl today that messaged
Speaker 2: me saying that I helped her raise her first three
Speaker 2: hundred thousand dollars? Like how could I stop if she
Speaker 2: doesn't have my content? And so I think, yes, of
Speaker 2: course it's marketing, But the best businesses actually have a
Speaker 2: true mission and a true why, And so I think
Speaker 2: it's both, Like I don't think you can have one
Speaker 2: without the other. And the little tangent I was going
Speaker 2: on was like people often forget that at the end
Speaker 2: of the day, I am an investor, I am a
Speaker 2: business woman. I have you know, done amazing things in
Speaker 2: my career because it is a business and it is
Speaker 2: as much coaching, but the currency that the world runs on,
Speaker 2: like I'm still a big part of that. We buy
Speaker 2: into that when we join society, so it's it's not
Speaker 2: a non for profit. It is a mission driven business
Speaker 2: to do good and give back in a way that
Speaker 2: still is keeping us into the economic center of how
Speaker 2: the world works.
Speaker 3: Does that make sense?
Speaker 1: It absolutely does. It totally does. Where it's like it
Speaker 1: totally does in the sense that you cannot do everything
Speaker 1: for free. It's something that I come across a lot
Speaker 1: you would like to That's the ideal world. A collaborative,
Speaker 1: purely collaborative, purely like barter system, where it's like I
Speaker 1: need this information from you and you can give me
Speaker 1: this information I need from you, like all these kinds
Speaker 1: of things. But it is important to be realistic and
Speaker 1: I want to focus in on what you said about
Speaker 1: your why, because if we're returning to this like overbranching
Speaker 1: original theme of hot I think that you can you
Speaker 1: need to have a why and you need to have
Speaker 1: a mission when it comes to business. The people who
Speaker 1: I see are the most attractive, most confident people have
Speaker 1: a why when it comes to themselves and their purpose,
Speaker 1: and they walk into spaces and then they're almost like,
Speaker 1: I know why I'm here. I know why I deserve
Speaker 1: to be here. I have purpose, I have a mission.
Speaker 1: I have something that I care about that is untouched
Speaker 1: regardless of like what else happens in my personal life
Speaker 1: in this room, outside of this room, whatever anybody says
Speaker 1: to me, at my core, I have something I care
Speaker 1: about which no one else can emulate and which no
Speaker 1: one else can touch. And I think just to give
Speaker 1: the listeners a piece of advice and a habit if
Speaker 1: you want to feel more attractive in yourself and feel
Speaker 1: more attractive in front of others, finding time to really
Speaker 1: sit in that space of what do I actually care about?
Speaker 1: What actually means something to me is honestly a form
Speaker 1: of emotional armor. It is a form of emotional armor
Speaker 1: to walk into a new relationship and new friendship, a
Speaker 1: room of investors, whoever it is, and be like, Okay,
Speaker 1: I win or lose, like this is all part of
Speaker 1: this story for me. Have you kind of found that
Speaker 1: as well with yourself totally.
Speaker 2: I think I can think of like so many different
Speaker 2: stories I could say, but I'll focus maybe on two.
Speaker 3: When I and this is a horrible habit that I
Speaker 3: used to have.
Speaker 2: I used to vape smoke, and I found it very,
Speaker 2: very very hard to quit.
Speaker 3: And it was because it was just like it was
Speaker 3: not intentional.
Speaker 2: I didn't sit with anything, I didn't have any armor,
Speaker 2: as you said, and going kind of tying everything back
Speaker 2: into you know what we first talked about with slow
Speaker 2: living is I watched this ted talk from this doctor
Speaker 2: and it was like, instead of just trying to quit
Speaker 2: cold turkey, which is just going to make you feel
Speaker 2: bad about yourself because you're going to be like I
Speaker 2: have to have it and then you've relapsed, you done
Speaker 2: these things. Actually, I want you to take what your
Speaker 2: vice is and I want you to engage in the activity,
Speaker 2: and when you're doing it, I want you to think
Speaker 2: about how you feel. How do you feel when you
Speaker 2: do it? And I would feel horrible. I felt nauseous,
Speaker 2: my finger smelled, I would get a headache. I would
Speaker 2: then feel like I was out of breath, and so
Speaker 2: once I actually slowed down instead of just using my
Speaker 2: own mental toughness, like how can I so easily what's
Speaker 2: my like? And then be hard on myself. I was
Speaker 2: able to be like, Okay, this doesn't feel good. I
Speaker 2: don't look good, I'm not happy, like it's not making
Speaker 2: my life better. And it was so much easier for
Speaker 2: me to quit something when I was able to ladder
Speaker 2: it up to like being intentional slowing down?
Speaker 3: How did I feel?
Speaker 2: And I think about that those are That's obviously a
Speaker 2: small example, but on a big scale, I called off
Speaker 2: my engagement, and I think without a mission, without AHSR,
Speaker 2: without a purpose, it would have been life altering hard
Speaker 2: Because I didn't have a place to live. I had
Speaker 2: to put all my stuff in storage.
Speaker 3: I was already thirty.
Speaker 2: When people say that your thirties you have everything figured out,
Speaker 2: and your twenties are for being lost and confused, and
Speaker 2: I was like, wait, I just gave up a big
Speaker 2: house in the hills. I don't have anywhere to live.
Speaker 2: All my friends are in relationships. I'm not getting invited
Speaker 2: to parties anymore. That are a couple things and I
Speaker 2: don't know what I'm doing. But all I knew in
Speaker 2: that moment was I had a purpose and a why
Speaker 2: of helping other women. And initially it started as business,
Speaker 2: and then when I was going through what I went through,
Speaker 2: as soon as I talked about it online and opened
Speaker 2: up about the struggles that I was going through, I
Speaker 2: not only felt like I was helping disseminate information, I
Speaker 2: was getting a lot back. I was getting stories of
Speaker 2: women who had gone through something similar.
Speaker 3: And that was the moment where I.
Speaker 2: Realized, like, yes, ahsr is, you know business and finance,
Speaker 2: but it's so much more than that, because, like I said,
Speaker 2: we're such multi hyphenic creatures and we're going to go
Speaker 2: through so much in our lives that it's hard to
Speaker 2: just focus on one aspect. And that's kind of the
Speaker 2: moment that I realized too. It's like, it's not just
Speaker 2: business one oh one, it's like life upgrade, glow up, hot, smart,
Speaker 2: rich life one oh.
Speaker 1: One, doing what is best for you, even when it's hot.
Speaker 1: That's pretty hot, so hard I can imagine that must
Speaker 1: have been. That just must have been excruciating, having to
Speaker 1: sit in that decision and knowing that either one was
Speaker 1: going to be difficult. There was not a single easy
Speaker 1: option out of that, and sometimes in both of those examples.
Speaker 1: I do think that one of the best things that
Speaker 1: you can do for yourself in your life at any
Speaker 1: point is to do the thing that is incredibly scary
Speaker 1: and that you have absolutely no certainty is going to
Speaker 1: work out, because I honestly believe that it's in those
Speaker 1: risks where the most potential is held. And the reason
Speaker 1: that a lot of people don't find their potential is
Speaker 1: because the fear kind of holds them back as it
Speaker 1: naturally as it would and when you kind of walk
Speaker 1: past that, it's such a visual thing for me, but
Speaker 1: I think of it as like this big dome, this
Speaker 1: big like iridescent dome or like iridescent like kind of
Speaker 1: like she old or like curtain, and when you step
Speaker 1: through it, it's suddenly like a whole new world. Suddenly like, oh,
Speaker 1: I just did that really really scary, really hard thing.
Speaker 1: What's next? If that was like calling off an engagement
Speaker 1: that there are so many people who I can imagine
Speaker 1: had the desire to do that and didn't do it
Speaker 1: and now are in relationships that are not right for
Speaker 1: them ten twenty thirty years down the line. And it's
Speaker 1: so much more scary to sit in a life that
Speaker 1: you didn't actively choose and know that you have to
Speaker 1: make peace with it rather than take the risk earlier on,
Speaker 1: If that.
Speaker 3: Makes sense exactly.
Speaker 2: It's like every big moment in my life that has
Speaker 2: unlocked opportunity has come right after those terrifying, scary moments.
Speaker 2: And for me, like you've envision of DOMI envision a
Speaker 2: wall that you like, walk through, kick down whatever it is.
Speaker 3: That you have to get through to get to the
Speaker 3: other side.
Speaker 2: And even moving from Canada to the States, like I
Speaker 2: knew nobody, I had to sell my house in Canada
Speaker 2: and I had to deal with visa issues and like
Speaker 2: it was, it was horrible. Like my visas when I
Speaker 2: first moved here, they were a year long. So think
Speaker 2: about signing a car lease, think about signing an apartment.
Speaker 2: You're like, am I going to be here in a year?
Speaker 3: I don't know.
Speaker 2: And so everything that has unlocked the next step of
Speaker 2: my life and the next The place that I'm at
Speaker 2: today is exactly where I dreamt of five years ago.
Speaker 2: And guess what, the goalpost keeps moving. But to get
Speaker 2: to this place that I once dreamt up, it was
Speaker 2: literally walking down and kicking down and busting down walls
Speaker 2: like relationships.
Speaker 3: Where I live, my job, my career.
Speaker 2: Nothing that you want is ever when it's comfortable. Like
Speaker 2: if things are comfortable, you are not growing, you are
Speaker 2: not learning. And to your point earlier, I love when
Speaker 2: people say it's part of your story. We live in
Speaker 2: a world of storytelling now, we have so much information.
Speaker 2: It's about curation, it's about it's it's it's about being
Speaker 2: able to capture somebody's attention, whether you are a podcast
Speaker 2: or a creator, a brand, as a storyteller. So if
Speaker 2: all you've had your whole life is an easy story,
Speaker 2: who are you going to inspire? Who is going to
Speaker 2: rally around you? So there is a level of needing
Speaker 2: to go through hardship, needing to go through loss, experience, grief, experience,
Speaker 2: these things that we so often shy away from and
Speaker 2: we want to bury down inside of us. But those
Speaker 2: are the unlocks to find real connection in this life,
Speaker 2: real community, real stories. So I think anybody that's going
Speaker 2: through something that right now that feels like it's unfair
Speaker 2: or it's you know, it's so hard, that is going
Speaker 2: to make you successful one day and that is what's
Speaker 2: going to be something that will inspire somebody else. So
Speaker 2: it's just about having to go through things instead of
Speaker 2: just trying to get through something, like go through it
Speaker 2: and feel it, because that is what will fuel you
Speaker 2: and your next phase of being able to inspire somebody.
Speaker 1: Also, that is what is going to create better relationships
Speaker 1: for you. Better everything, better habits, better relationships. I don't know.
Speaker 1: Everybody has to have an origin story. I truly believe it.
Speaker 1: Everyone has like two to three moments that they're like,
Speaker 1: that was really difficult and I came out of it.
Speaker 1: And for the listeners right now, I want you to
Speaker 1: think about what those moments are, two to three moments
Speaker 1: of hardship where things were really really difficult that were
Speaker 1: actually also a point of like a pivot point in
Speaker 1: your life that took you on a new path. So
Speaker 1: we're going to take a short break, but when we return,
Speaker 1: I want to talk about how to be smart and
Speaker 1: how to be rich. Welcome back, Maggie. My favorite part
Speaker 1: of the hot smart rich equation is the smart element.
Speaker 1: I think because when I was a kid, that was
Speaker 1: kind of all I had. Was not a cute, hot teenager.
Speaker 1: I was not a wealthy teenager. But when I was
Speaker 1: like in my hometown, like home city, the one thing
Speaker 1: I had was brains, and I knew how to work
Speaker 1: really hard. And I think that that has been something
Speaker 1: that has activated a lot of a lot of what
Speaker 1: my life is now was having that element of me.
Speaker 1: And one of the big things that I love about
Speaker 1: the podcast is that it does make people more educated.
Speaker 1: It really makes them more knowledgeable about themselves. There's like
Speaker 1: that huge element of psycho education. I think that is
Speaker 1: just so so important. How do you go about expanding
Speaker 1: your kind of intellect and your EQ and your IQ
Speaker 1: Because you are a highly knowledgeable individual, you have your
Speaker 1: hands in a lot of different pots in terms of
Speaker 1: like the content you consume, the papers you read, like
Speaker 1: where you get inspiration. So give the listener your formula
Speaker 1: if you will.
Speaker 3: I love this question.
Speaker 2: So I think it comes down to your diet, which
Speaker 2: seems counterintuitive for the smart pillar, But what I mean
Speaker 2: by that is your information diet is so important, and
Speaker 2: what you consume and who you surround yourself with is
Speaker 2: truly what they say is like you are the byproduct
Speaker 2: of the five closest people to you, or the people
Speaker 2: you surround yourself with the most. And I think I've
Speaker 2: gone through this a lot when you're in your twenties,
Speaker 2: you really are focused on being invited to the right
Speaker 2: things and being around this vast amount of people and
Speaker 2: being at the being seen at the right spots. And
Speaker 2: when you do go through this, like end of twenties,
Speaker 2: early thirties, you kind of you realize that it's really
Speaker 2: around the quality of people that you're around, the quality
Speaker 2: of events, the quality of conversations that you're having. And
Speaker 2: so I think as it relates to kind of how
Speaker 2: I absorb information, I like to surround myself with people
Speaker 2: that talk about ideas, they don't talk about other people.
Speaker 2: And if I am around people that I feel are
Speaker 2: constantly talking about people, like listen, we're all human.
Speaker 3: It is human nature.
Speaker 2: It is one of the sins that was put on
Speaker 2: this We're Earth that yes, some people are going to gossip.
Speaker 2: So I'm not saying as soon as you hear somebody,
Speaker 2: but for any listeners that feel like their conversations with
Speaker 2: the people in their lives are always about other people,
Speaker 2: that's a really bad sign that you are not on
Speaker 2: a path of increasing your intellect. So, as hard and
Speaker 2: scary as it is, it's about kind of shrinking your
Speaker 2: circle down and finding the moments and the conversations and
Speaker 2: the people that make your world bigger and brighter and
Speaker 2: not darker and shallower.
Speaker 3: So I think that's the first thing.
Speaker 2: And then again your information diet, So like what are
Speaker 2: you spending time on? Do you subscribe to newsletters that
Speaker 2: challenge a point of thinking? Do you are you able
Speaker 2: to read and have conversations with people that think differently
Speaker 2: than you? In terms of like what I'm consuming on
Speaker 2: a daily basis, I used to wake up every single
Speaker 2: day check social media and actually scroll social media for
Speaker 2: hours or too long. Now okay, maybe I check it
Speaker 2: for five minutes, and then I immediately go to my
Speaker 2: email and I'm going through the newsletters of what I
Speaker 2: have subscribed to and that I want to actually like
Speaker 2: think about for the day.
Speaker 3: So that can range from things that are pop culture
Speaker 3: like Future Party.
Speaker 2: Is one that I love, to something like Axios, which
Speaker 2: is where I get venture capital and finance news. I
Speaker 2: subscribe and pay for everything from bof Business and Fashion
Speaker 2: WWD to get the beauty and fashion side, to like
Speaker 2: New York Times in Wall Street Journal. I love reading
Speaker 2: different people's povs and instead of just believing it to
Speaker 2: be true, is really like sitting with and again slowing
Speaker 2: down and being mindful about what's their pub what's their.
Speaker 3: Opinion, how do I think about it?
Speaker 2: What would I think differently about and do I have
Speaker 2: any resources to back up why my opinion might be different.
Speaker 2: So that's kind of my way that I expand. I
Speaker 2: listen to so many podcasts. You are literally my favorite podcast,
Speaker 2: even though I'm not in my twenties.
Speaker 3: I live for it.
Speaker 2: And then I read books, and I go out in
Speaker 2: the world and I instead of when I'm at Sephora
Speaker 2: and I am like, oh God, am I going to
Speaker 2: spend thirty dollars in this eybropencil, I'm studying people. I'm
Speaker 2: watching what brands are people going towards? How are they
Speaker 2: doing their marketing at summer Fridays. Now, that to me
Speaker 2: is all increasing my intellect and taking inventory because I'm
Speaker 2: being mindful about what I can learn other than just
Speaker 2: being passively going through life. That is the way that
Speaker 2: you don't grow your intellect. You just let the world
Speaker 2: lead you instead of being your own CEO of your life.
Speaker 1: Something that I was thinking the other day was when
Speaker 1: was the last time that you learned something new and
Speaker 1: truly learned something new, the way that you would learn
Speaker 1: something new at school. You think about all those early years.
Speaker 1: We are just a sponge for new information. We are
Speaker 1: a sponge for opinions, for history, for grammar, literature, and
Speaker 1: then it all becomes centered mainly on what you do
Speaker 1: for work. And I've typically found that there is this
Speaker 1: weird lull between like our late twenties, early thirties, even
Speaker 1: like early twenties, where we feel very boring and we
Speaker 1: feel a lot less interested in our lives. And you
Speaker 1: have these conversations with people sometimes where you're like, what
Speaker 1: are we even talking about? Like we can't talk about
Speaker 1: this for the same for the third fifth, you know,
Speaker 1: seventh time, because of I think in educational and information
Speaker 1: and informational deficit. I'm going to pull something that you
Speaker 1: said from before about when you used to be addicted
Speaker 1: to smoking and vaping. Notice how that makes you feel?
Speaker 1: And the same thing here. Notice how not providing yourself
Speaker 1: with stimulation and information and a real like juicy form
Speaker 1: of entertainment that is you know the news and that
Speaker 1: is articles and that is other people's knowledge. How does
Speaker 1: that make you feel? Do you feel a bit more shallow?
Speaker 1: Do you feel like you could do with something more
Speaker 1: interesting in your life. I love your formula for like
Speaker 1: what newsletters you subscribe to substack also amazing. I really
Speaker 1: enjoyed like starting my day listening to like the Daily
Speaker 1: or we have like the Daily Os, the Daily Australian,
Speaker 1: which is like, it's so Australian. There are so listen
Speaker 1: to it if you're Australian because if you're not, it's
Speaker 1: like crocodile attack. What does that mean for like, what
Speaker 1: does that mean for politics? Because yeah, those two things
Speaker 1: are linked. And even doing small things and I know
Speaker 1: everyone's obsessed with like the New York Times, like world
Speaker 1: all in connections. I love doing that. One more thing.
Speaker 1: This is something that I should have said right at
Speaker 1: the beginning when I was giving my own personal formula.
Speaker 1: The Good Weekend Quiz so fun. Me and my partner
Speaker 1: do it every single Saturday morning. We get our coffee,
Speaker 1: we sit down. All our friends do it as well,
Speaker 1: and it is so much fun because then we can
Speaker 1: compare answers. Even my family does it. They have it
Speaker 1: on Instagram. It's called the Good Weekend Quiz, and it's
Speaker 1: such a great way to just be like, Okay, I'm
Speaker 1: not immediately waking up and scrolling my phone for the
Speaker 1: next eight hours, like there's some diversity in what I'm
Speaker 1: feeding my brain, my informational diet as you called it.
Speaker 3: It is so critical.
Speaker 2: And I love that you said your partner and you
Speaker 2: do that because we spend so much time with our
Speaker 2: partner and if you look at your relationship and you
Speaker 2: don't have those healthy habits and rituals and routines like
Speaker 2: that is a sign that it.
Speaker 3: Will be harder in the future.
Speaker 2: I think that was one of the things that made
Speaker 2: me really take a very hard look at my life
Speaker 2: when I was thinking twenty years down the line, like
Speaker 2: what is going to bind us and bond us? And
Speaker 2: it's those little rituals like my partner and I now
Speaker 2: we do and we send each other in news that
Speaker 2: are back and forth every single Sunday when it comes
Speaker 2: out of our favorite motivational quotes for the week what
Speaker 2: we want to take with us, and it's like these
Speaker 2: little things that it's not the big things. What I've
Speaker 2: learned in all my failures is it's not the big
Speaker 2: moments really change your life. It's the small things that
Speaker 2: you do every single day, the rituals you have to
Speaker 2: make you feel hot, make you smarter, make you have
Speaker 2: more financial abundance. And if you don't take inventory of
Speaker 2: the small things like how much time are you spending
Speaker 2: on social media, your life will go so fast and
Speaker 2: you will not know where you went with it. So
Speaker 2: I think it's just being really cognizant of those little
Speaker 2: things like what you guys do every single weeks. Yeah,
Speaker 2: there is so important.
Speaker 1: Also, novelty makes time literally feel longer. There was this
Speaker 1: amazing study about it a couple of years ago. The
Speaker 1: older we get. The reason why it feels like time
Speaker 1: is going faster and faster and faster is because we
Speaker 1: have fewer novel experiences. So if you want to feel
Speaker 1: like your year is two years three years long, give
Speaker 1: yourself more novelty. Scrolling on your phone. We all do it.
Speaker 1: Not novelty, uh, doing the same you know, watching the
Speaker 1: same thing every single night, same routine, aating in the
Speaker 1: same places. Not novelty, new experiences. Literally give time.
Speaker 2: I actually heard one thing that's changed my life actually
Speaker 2: this year on That is, if you want to increase
Speaker 2: your brain elasticity, you need to do things out of routine.
Speaker 2: So even if you want to go to the same
Speaker 2: grocery store. Walk the path differently than you usually do.
Speaker 2: If you want to do the same hike every single day,
Speaker 2: do it the opposite way down, because that will actually
Speaker 2: help create new brain structures and it won't just give
Speaker 2: you the same thing every single day, which will make
Speaker 2: not only time feel longer, but also will actually increase
Speaker 2: your neuroplasticity.
Speaker 1: It's one hundred percent true kind of test the science
Speaker 1: is there. The way that I always you're like, yes,
Speaker 1: I got it right. The way I the way I
Speaker 1: always explain it is a big law. Imagine like a
Speaker 1: big field at a public park, and you know, of
Speaker 1: course there's like the path around, and that's the path
Speaker 1: that you're walking every day. But then you start walking
Speaker 1: off the path and you start creating these little paths
Speaker 1: through the grass that are actually making like the circuit
Speaker 1: faster or giving like giving nuance. That's how I always
Speaker 1: like to think of it as like these little runoff paths.
Speaker 1: And you're absolutely totally right. Neuroplasticity. As we get older,
Speaker 1: your brain is still rewiring, your brain is still growing.
Speaker 1: I know there is this saying that you know, our
Speaker 1: brain only fully develops matures at twenty five not correct.
Speaker 1: Not correct. Our life is a constant pattern of neuroplasticity,
Speaker 1: synaptic pruning, growing like new connections, long term potentiation. It's
Speaker 1: absolutely wild. So you can completely reprogram restructure how your
Speaker 1: brain thinks about something at thirty five, at forty, at fifty.
Speaker 3: Wait, I love that so much.
Speaker 2: And also just like, again, you're using words that I
Speaker 2: don't understand. Yeah, but I'm so excited about that, and
Speaker 2: I'm going to write them down and go and look
Speaker 2: at that, because that's just a way where instead of
Speaker 2: feeling stupid or feeling like I don't know that, I
Speaker 2: will on a podcast that I'm sure a lot of
Speaker 2: people listen to be like, I actually don't know the
Speaker 2: words that you just said, and that's okay because it
Speaker 2: means I'm going to learn something new. And so I
Speaker 2: think it's just about like being open for the journey
Speaker 2: and being honest, like I will remember diligencing one of
Speaker 2: the hardest deals of ever diligenced. I called my sister
Speaker 2: who's now my business partner, and I was like, Hey,
Speaker 2: I have no clue what any of this means. It
Speaker 2: doesn't mean that I don't belong in the room. I
Speaker 2: just don't know how to do a model like this?
Speaker 2: Can you please help me? And I think it's just
Speaker 2: being able to have even that level of awareness where
Speaker 2: it's like it doesn't make me not able or deserving
Speaker 2: to do this, but I actually need your help.
Speaker 3: You will be surprised how far that will take you
Speaker 3: in your.
Speaker 1: Life, one hundred percent. Finally, let's turn to how to
Speaker 1: be rich in our twenties, in our life and kind
Speaker 1: of the habits that build that financial foundation. And I'm
Speaker 1: going to rest very very heavily on your knowledge he out,
Speaker 1: because I know the psychology behind money. I don't know
Speaker 1: the nuances and the details, but right off the bat,
Speaker 1: I do want to ask, because this is probably one
Speaker 1: of our biggest influences on how we say money in adulthood.
Speaker 1: How did you grow up seeing money in your family
Speaker 1: in Canada?
Speaker 2: Yeah, I grew up really like privileged in a lot
Speaker 2: of ways where I never had to worry about putting
Speaker 2: food on the table. I never had to worry about
Speaker 2: certain things, and I feel so lucky because of that.
Speaker 2: I grew up with a really interesting dynamic between my
Speaker 2: mom and dad with money, which has created my own
Speaker 2: trauma in being I think so driven, I watched my mom.
Speaker 2: She was a waitress and my dad was a taxi driver,
Speaker 2: and they both put my dad through law school equally,
Speaker 2: and you know, they without telling too much of their story,
Speaker 2: I grew up just knowing and witnessing that I wanted
Speaker 2: to have my own financial security. Because my mom ended
Speaker 2: up being an amazing stay at home mom. She went
Speaker 2: back to school and got her master's and she's now
Speaker 2: a ploti's instructor and she's done incredible things. But you know,
Speaker 2: we grew up primarily with my dad, who was the
Speaker 2: primary breadwinner, and I just remember growing up thinking like,
Speaker 2: I need to have my own financial money. I need
Speaker 2: to be able to make my own decisions. I need
Speaker 2: to be able to not marry somebody and have to
Speaker 2: make all my decisions together with that person. I need
Speaker 2: to be able to be financially independent. And so I
Speaker 2: thought about money in a lot of ways where I
Speaker 2: knew it was abundant. I knew if I thought about
Speaker 2: money like a currency, it comes and it goes that
Speaker 2: I wouldn't feel like so attached when I would lose money.
Speaker 2: And I think that's really shaped a lot of the
Speaker 2: decisions where I was okay putting money at risk when
Speaker 2: I think a lot of other people maybe weren't because
Speaker 2: I did grow up with an abundance mindset towards money.
Speaker 2: So I'll give you an example. I met the woman
Speaker 2: who was the first actually female fundraiser for Harvard's and
Speaker 2: Dowmond Fund, and she was telling me the most interesting
Speaker 2: things she noticed when she wor on the Goldman sax
Speaker 2: floor when she was first starting her career is when
Speaker 2: somebody would leave Goldman and it was a man and
Speaker 2: they were starting a business. All the guys would easily,
Speaker 2: without asking, without even knowing the business, would be like,
Speaker 2: here's ten k to get started, and she noticed the
Speaker 2: women were like, but it's ten k, Like what if
Speaker 2: you lose the ten k? Instead of what could I
Speaker 2: get if I give you the ten k? And they
Speaker 2: thought of money so finitely. They didn't think about it
Speaker 2: as an infinite currency like it there's more of where
Speaker 2: that came from. The only currency that we don't have more.
Speaker 3: Of is time.
Speaker 2: And so I think it's it's interesting now when she
Speaker 2: went over and she was fundraising for Harvard on how
Speaker 2: you even get women to talk and open up their
Speaker 2: pocketbooks about money? I would say, I've leaned a little
Speaker 2: bit more towards men where I think about it, of like,
Speaker 2: what could this do for me? Money is a tool
Speaker 2: that I can utilize to get where I want to go,
Speaker 2: But of course I have to put it at risk
Speaker 2: or put it to work first, because it's not just
Speaker 2: going to grow inherently just because it's money.
Speaker 3: It doesn't grow on trees.
Speaker 2: So I don't know if that fully answers your question,
Speaker 2: But I think the way I've thought about money is
Speaker 2: in one way very abundantly and in the other way
Speaker 2: very much knowing that I needed to make money myself,
Speaker 2: that I never needed to rely on somebody else to
Speaker 2: help me make decisions for me.
Speaker 1: I think that's an absolutely beautiful philosophy to have, and
Speaker 1: it definitely answered my question. Okay, yeah, most certainly, it
Speaker 1: definitely did. And I don't blame women for being a
Speaker 1: lot tighter without cash, right because for a lot of us,
Speaker 1: and you know, I have no excuse because my mum
Speaker 1: was the breadwinner and my dad was a stay at
Speaker 1: home dad, So I have no excuse for having this belief.
Speaker 1: But I think for a lot of us, we do
Speaker 1: see those situations where our mothers don't have as much
Speaker 1: financial perhaps freedom or literacy, and the only thing we
Speaker 1: know is to save. That is like the golden rule. Right,
Speaker 1: We're all taught to save money, and it's incredibly smart
Speaker 1: and wise to do that. But then I think that
Speaker 1: there is this element of like, you can save money
Speaker 1: for your entire life, but sometimes risking some of the
Speaker 1: extra cash that you have means that you are going
Speaker 1: to be better off. And it is all about how
Speaker 1: we think about risk. Right. Men have been taught to
Speaker 1: be a lot more risk positive, which means that you
Speaker 1: think you even about as when we were children. And
Speaker 1: again not to make an a gendered thing, but it's
Speaker 1: just like an easy way to split this up. As children,
Speaker 1: you know, young boys are encouraged to go and go
Speaker 1: and do the adventurous stuff, to go and be quite physical,
Speaker 1: to trust their own intuition. Girls are taught to be
Speaker 1: a lot more careful, cautious, you know, just to kind
Speaker 1: of stay back. And you might not think that's important,
Speaker 1: but it does actually create your approach to risk. So
Speaker 1: you can be risk risk positive, you embrace risk, you
Speaker 1: are not too concerned about the loss, can be risk
Speaker 1: neutral where you're kind of like on the fence, and
Speaker 1: then risk adverse, which is, even when an investment, a
Speaker 1: risk anything, has the potential to have an incredible upside,
Speaker 1: you will still hold back because the uncertainty of what
Speaker 1: could happen is so much more cognitively and mentally powerful
Speaker 1: to you. And you give that an example of people
Speaker 1: on the floor at Goldman Sachs, right, those men giving
Speaker 1: out ten K and I really did think you were
Speaker 1: going to be like and then the women would leave
Speaker 1: and they wouldn't give them any money, which I'm sure
Speaker 1: also that didn't happen, but yeah, really, yeah, I can imagine.
Speaker 1: But it's interesting seeing that example of like, women have
Speaker 1: been taught to be so much more risk adverse than
Speaker 1: in those situations where they could have done really really well,
Speaker 1: perhaps almost how they were socialized and mentally like they
Speaker 1: weren't afforded the same opportunity or they didn't have the
Speaker 1: same mindset to embrace that risk, which is just so interesting.
Speaker 1: Applying that to the literally example you just gave me.
Speaker 2: It's also challenging because you know, I'm in my thirties now,
Speaker 2: and you think about babies and families, and you think
Speaker 2: about taking time off, right, and in Canada, we're so
Speaker 2: lucky to have a year matt leave, but that does
Speaker 2: a lot for your career if you're out of the
Speaker 2: workforce for a year, and so there inherently is a
Speaker 2: conversation that needs to be had around the way that
Speaker 2: money and financial independence and being able to really have
Speaker 2: women work together with men, but also just to be
Speaker 2: able to make sure that we are going to have
Speaker 2: different systems if you are taking time off to have
Speaker 2: a child, because it inherently will just affect your potential
Speaker 2: if you are taking out a year, two years, three
Speaker 2: years primary children that you have from the workforce, And
Speaker 2: that is something that is I don't think talked about
Speaker 2: it enough. And that's the really fun thing about building
Speaker 2: HSR as a brand, but having me really be able
Speaker 2: to talk about my own experiences because that is something
Speaker 2: you know, in my early thirties I am starting to
Speaker 2: think about and it is scary, and so being able
Speaker 2: to have that conversation is something that feels like you're
Speaker 2: not alone when you go through those big life decisions
Speaker 2: that will change the course of your life.
Speaker 1: It gives you freedom, and I think freedom is valuable
Speaker 1: whoever you are, whatever age and agenda, whoever you want.
Speaker 1: The freedom to have the life you want. I'm going
Speaker 1: to give you two final rapid fire questions because we
Speaker 1: have been talking for almost an hour, just really the
Speaker 1: time and I was like yeah, and I was like, oh,
Speaker 1: we're not even halfway through. But I've got two more
Speaker 1: rapid fire questions for you. The first one is what
Speaker 1: is one money lesson that you think we should all
Speaker 1: be learning earlier in our early twenties In our twenties
Speaker 1: in general.
Speaker 2: I think, especially in your twenties, don't be afraid to
Speaker 2: take risks, Like if you want to know the secret
Speaker 2: of the Bros Club, it is that they bet on themselves.
Speaker 2: And I was if I hadn't been forced to leave
Speaker 2: my job, I don't think I ever would have Like
Speaker 2: I honestly don't think I would have bet on myself.
Speaker 2: But I really think and there's different seasons of life,
Speaker 2: and like I said, as you get into your thirties
Speaker 2: and your forties, you're in the phase of life of
Speaker 2: like taking care of other people dependents. Your twenties are
Speaker 2: for failing and having nothing and figuring it out and
Speaker 2: being like what am I going to do next? So
Speaker 2: especially in your twenties, I'm not going to tell you
Speaker 2: like don't buy that latte, like, don't do this, no, like,
Speaker 2: just take more risks, like and whether that's starting a
Speaker 2: side hustle, starting a business like I have failed so
Speaker 2: many times in every aspect of my life, and I
Speaker 2: wish I had started earlier. I wish I had started
Speaker 2: failing earlier. I was so afraid to fail, and I
Speaker 2: wish I had just done I wish I had taken
Speaker 2: more risks in every aspect of my life. But also
Speaker 2: the more important lesson is this idea that like life
Speaker 2: is about getting rejected, it's about failing. And the more
Speaker 2: that you like get comfortable with that and really small
Speaker 2: like not high risk situations, the more it will pay
Speaker 2: off when you actually have something that you need to
Speaker 2: go and ask for. And that as a especially when
Speaker 2: you're young and you're afraid of ruffling feathers or you're
Speaker 2: a woman, is just uncomfortable to do.
Speaker 3: So if you can just start doing that tomorrow.
Speaker 2: I don't do it every single day, but I do
Speaker 2: it pretty often, and it honestly helps build my confidence.
Speaker 1: My final question, if you had to add one more
Speaker 1: word to hot, smart, rich, what would it be?
Speaker 3: Happy? Oh?
Speaker 1: I love that hot smart rich happy. I was thinking
Speaker 1: even like, is she gonna say kind? Is she going
Speaker 1: to say abundant? Is she going to say lucky? I
Speaker 1: was thinking about it earlier. I was like, I wonder
Speaker 1: what she's gonna say.
Speaker 3: I think, yeah, like we are so blessed to be
Speaker 3: on this earth.
Speaker 2: I just can't even believe it sometimes that I'm like,
Speaker 2: if you're not happy and you're not having fun, then
Speaker 2: you need to reconsider stuff because it should be fun.
Speaker 2: Not always, but if you're not having fun and you're
Speaker 2: not happy, like there's no point in having everything in
Speaker 2: the world. So definitely, I would say it would be
Speaker 2: like happy hearts were rich.
Speaker 1: I like it. I love how she's already like where
Speaker 1: does that fit? Yeah, the true business mind Well, I
Speaker 1: want to thank you so much for coming on the
Speaker 1: podcast and for giving us like a little bit of
Speaker 1: like different advice. Like I don't always talk I rarely
Speaker 1: talk business on the show, but it's so valuable to
Speaker 1: think about the mindset hacks and the psychology and yeah,
Speaker 1: the whole perspective that we can have towards being successful
Speaker 1: in this decade and beyond. So where can they find
Speaker 1: you if they want more of your content?
Speaker 2: Maggie Sellers on Instagram and on TikTok. Just put an
Speaker 2: underscore at the end, and then if you just search
Speaker 2: up heartsmart Rich on Google, hopefully it comes up.
Speaker 3: Because we're trying to take over the internet.
Speaker 1: Yeah, and honestly I cannot recommend it more. You also
Speaker 1: have a newselete, is that correct?
Speaker 2: Yeah, so jobs every single Sunday. It's honestly like a
Speaker 2: very cult like readership, which has been so cool and fun.
Speaker 2: And I do a little bit of mix of like
Speaker 2: personal stuff, consumer news, we do business breakdowns, and then
Speaker 2: we have our podcast launching very shortly.
Speaker 1: Yes, I was gonna say keep your eye out for that.
Speaker 1: We will definitely let the listeners know when it's time
Speaker 1: to tune in. But again, thank you so much to Maggie,
Speaker 1: and until next time, you guys. If you did enjoy
Speaker 1: this episode, make sure to leave a five star review
Speaker 1: on Apple Podcasts, Spotify, the iHeartRadio app where you are listening,
Speaker 1: and follow us on Instagram at that Psychology podcast if
Speaker 1: you want to see behind the scenes content, if you
Speaker 1: want to know who our next December guest is, and
Speaker 1: if you want to see more of what we're doing.
Speaker 1: Until next time, stay safe, be kind, Please be gentle
Speaker 1: to yourself and we will talk very very soon. I'm