WEBVTT - Ep 333: The Market Determines The Value

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<v Speaker 1>Hey, hey, hey, I'm back from Dubai. We're black, We're ambition, ambitious.

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<v Speaker 2>I'm so glad you're back. No, I hate singing, heyman,

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<v Speaker 2>how are you tip, I'm good. Welcome back, welcome.

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<v Speaker 3>Back, that's all. I saw the face of your Halloween

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<v Speaker 3>I was like, wait a minute, did you guys witch?

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<v Speaker 3>It looked amazing. I did. I did.

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<v Speaker 2>I addressed up as a witch just it was the

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<v Speaker 2>easiest thing to do. And I really like that wig.

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<v Speaker 2>At Party City. Yeah, it was so fun. We had

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<v Speaker 2>a fun, little spooky Halloween edition of the show with

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<v Speaker 2>Dellianne and Mark Russell from Betterwall and it was so

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<v Speaker 2>it was fun. Rio was not having the wig. He said, no,

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<v Speaker 2>like mama new hair, take care book up. Yeah. And

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<v Speaker 2>then that afternoon it was such a crazy day. I

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<v Speaker 2>was fighting the same kind of we talked over the weekend.

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<v Speaker 2>I was like, I can't, Doug, I gotta save my voice.

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<v Speaker 2>I got so sick, and finally today I feel normal.

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<v Speaker 2>But it was like a ten day virus something like that,

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<v Speaker 2>and it really was hitting me on Halloween Day, and

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<v Speaker 2>thank goodness, Rio didn't care much that I didn't go

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<v Speaker 2>trick or treating. I was like, we're going to hand

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<v Speaker 2>out the candy, which he really enjoyed. But five pm

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<v Speaker 2>on Halloween Day, when I had the wig and the

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<v Speaker 2>makeup on, and I was like with my box of Kleenex,

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<v Speaker 2>just going to chill out. The Today Show emailed me

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<v Speaker 2>to fat They said, can you be downstairs? Well they

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<v Speaker 2>didn't know I was downstairs. Can you can you do

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<v Speaker 2>a taped interview? And I was like no, literally in

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<v Speaker 2>the wig in the makeup, and I said sure, I'll

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<v Speaker 2>see you in an hour. So shout out to having

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<v Speaker 2>my cousin. She came in and clutched to watch Rio

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<v Speaker 2>and I've never taken off so much purple makeup so fast,

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<v Speaker 2>pretended like I wasn't ill it aired the next morning.

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<v Speaker 2>It was just crazy. I was part of a segment

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<v Speaker 2>on them. So the pay equity pay transparency law in

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<v Speaker 2>New York pass last week. So now, yeah, which is

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<v Speaker 2>so exciting. It makes everything so much easier. It's the

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<v Speaker 2>way it should be. But New York, for four million

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<v Speaker 2>workers now will be impacted. So if you're if you

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<v Speaker 2>have a private firm, most companies basically who are listing

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<v Speaker 2>jobs and have at least one employee based in New

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<v Speaker 2>York have to have a salary range now, which means

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<v Speaker 2>that now it's a good faith salary range. And what

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<v Speaker 2>I and a lot of Twitter sleuths have found is

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<v Speaker 2>like companies are taking good faith with a huge grain

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<v Speaker 2>of salt, and they are out here with these crazy

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<v Speaker 2>wide Like I saw a bank manager for Apple Bank

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<v Speaker 2>today that was one sixty five to two forty was

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<v Speaker 2>the salary range. So there's still room to go, and like,

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<v Speaker 2>obviously I hope that they make amendments to make it

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<v Speaker 2>more specific. But a huge win, very exciting. I got

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<v Speaker 2>on the Today Show. What the hell? It was a

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<v Speaker 2>not a bad not a bad Halloween day?

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<v Speaker 3>What we're Today' show? Twitch? I go tomorrow, I go

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<v Speaker 3>on set tomorrow tomorrow morning. Ooh that's right. I gotta

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<v Speaker 3>make myself a note. I gotta be like what you're

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<v Speaker 3>talking about holiday like savings all around, but like how

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<v Speaker 3>to prepare for the holidays, especially with this upcoming recession.

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<v Speaker 3>I didn't. I totally forgot. I'm like little girl, I

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<v Speaker 3>guts a logan, like girl, tell the girls to watch.

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<v Speaker 3>Let me make myself a note to myself. Like but yeah,

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<v Speaker 3>so Dubai was okay. I didn't enjoy with yeah, Well,

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<v Speaker 3>here's the thing I had a good time with. I

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<v Speaker 3>went with this black travel group, a woman named Kena.

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<v Speaker 3>She does this thing called the Dubai Blackout. She brings

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<v Speaker 3>anywhere from two hundred to upward to four hundred black

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<v Speaker 3>folks to Dubai every year. And so, like the general

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<v Speaker 3>premise of the touring things that that was fun. We

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<v Speaker 3>had a good time. But two things I realized, Like one,

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<v Speaker 3>I don't necessarily want to travel with a group that

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<v Speaker 3>big because you just you're not as nimble, you can't

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<v Speaker 3>do as much. Certainly, though there was a lot of

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<v Speaker 3>like one off time that like my sister and I did.

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<v Speaker 3>My sister Carol came with me. But also too, I

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<v Speaker 3>why is way more commercial than I guess I anticipated.

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<v Speaker 3>It felt like the Disneyland of the Middle East, you know,

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<v Speaker 3>like I like a lot, I like some grits. I

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<v Speaker 3>like history. I like, oh my gosh, you know, this

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<v Speaker 3>is what you eat here, this is what you were here.

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<v Speaker 3>But there was a lot of like a mirroring of

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<v Speaker 3>Western culture that I already experienced day by day, you know,

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<v Speaker 3>Like honestly, I can't tell you one like I didn't.

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<v Speaker 3>I had food from other countries, but just not what

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<v Speaker 3>they eat do. But I could tell you I'm like

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<v Speaker 3>I had sushi, I had Indian food, I had and

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<v Speaker 3>everything was sublime and supreme. I mean, you wouldn't see

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<v Speaker 3>one piece of tissue on the ground on the highway.

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<v Speaker 3>Everything was like perfect, and it was super safe, especially

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<v Speaker 3>for women and kids because they they always like you

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<v Speaker 3>could literally take a taxi that was just a woman's taxi.

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<v Speaker 3>They were like if they were like they had this

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<v Speaker 3>thing called the Global Festival, where like they had all

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<v Speaker 3>these different countries represented in this kind of like Disney

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<v Speaker 3>World esque like marketplace, and they had like a woman's night,

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<v Speaker 3>you know, and so you know you're gonna be super safe.

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<v Speaker 4>You know.

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<v Speaker 3>Everybody was super nice. But I guess I was just

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<v Speaker 3>kind of like, oh, I could experience this in a

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<v Speaker 3>US and this part like this is like California and

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<v Speaker 3>this is like New York, and it's like intentional. I

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<v Speaker 3>think the initial king, like the first King of Dubai,

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<v Speaker 3>he was a world traveler, and what he actually did

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<v Speaker 3>was go to the Guggenheim and say how much for

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<v Speaker 3>the rights to be able to build an exact replica

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<v Speaker 3>in Dubai and go to Paris and say how much

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<v Speaker 3>to be able to build the Eiffel Tower, you know.

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<v Speaker 2>So it was like a very extravagant version of like Vegas,

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<v Speaker 2>where you.

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<v Speaker 3>Have it was a high and which in Vegas honestly

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<v Speaker 3>wasn't my theme, which Vegas isn't.

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<v Speaker 2>Say why you go there for like the difference you

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<v Speaker 2>just get. It's like a buffet, have all the different

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<v Speaker 2>cuisine and shows and glits and and like all I

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<v Speaker 2>know about a Dubai is like I don't know, the

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<v Speaker 2>really terrible Sex in the City Too movie, and like

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<v Speaker 2>when Fast and the Fury is they went to Dubai

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<v Speaker 2>but like super lux and like live your best life. Yeah,

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<v Speaker 2>it's very glamorous.

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<v Speaker 3>Yeah, but like you know, it's I'm glad I went.

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<v Speaker 3>You know, I'm glad I went. I had a good time.

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<v Speaker 3>But I will say the part that I really like

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<v Speaker 3>is there are seven kingdoms in the UAE, the United

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<v Speaker 3>the Arab United, Arab Emirates, Emirates, So I guess I

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<v Speaker 3>am Emirate is a kingdom, and so I really liked.

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<v Speaker 3>We went to Abu Dhabi and they have the most

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<v Speaker 3>incredible mosque there that it's like almost like reminiscent of

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<v Speaker 3>the Tasma Hall, which I've been to in India. But

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<v Speaker 3>it was so beautiful and that's what I kind of

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<v Speaker 3>came for. That that's the end ofgy I like when

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<v Speaker 3>I travel where it's like, oh, I'm not in Kansas anymore.

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<v Speaker 3>It was so beautiful. It's like all made out of

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<v Speaker 3>all white like mar It was just it was just

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<v Speaker 3>so beautiful. I mean, you have to wear like you're

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<v Speaker 3>the traditional abaya, which is like it's kind of like

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<v Speaker 3>loose fitting garment, and you know we had to wear

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<v Speaker 3>the the job, and so that even that, it was

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<v Speaker 3>just it was just beautiful and so yeah. So but

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<v Speaker 3>like I said, along, I had a good time and

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<v Speaker 3>I just wanted to give you update about the condo.

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<v Speaker 3>So I found some more tea. Let me tell you something.

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<v Speaker 3>When you're going to purchase a property, see if you can,

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<v Speaker 3>like you know, especially if it's a condo, see if

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<v Speaker 3>you can like get to know some of the neighbors.

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<v Speaker 3>Because when I tell you, these neighbors been talking, honey,

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<v Speaker 3>and they're like, oh, that kindo girl that was on

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<v Speaker 3>sale last year, I knew I had seen it on

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<v Speaker 3>relter dot com last year. So I kind of give

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<v Speaker 3>you some numbers. So it was on realtor dot com

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<v Speaker 3>last year for like six fifty six seventy five something crazy.

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<v Speaker 3>But that's when, you know, remember when homes were going

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<v Speaker 3>for like crazy amount. So I guess, you know, just

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<v Speaker 3>was trying to get her coin, which I understand, but

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<v Speaker 3>it didn't sell because I just think that she overreached

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<v Speaker 3>with the price. Well obviously, because the market is going

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<v Speaker 3>to tell you, you know, because things were literally I

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<v Speaker 3>remember in my neighborhood in particular, which the condos in

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<v Speaker 3>the same neighborhood that I live in now, things were

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<v Speaker 3>going for like fifty seventy five over asking. Things were

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<v Speaker 3>things weren't even hitting the market, you know. And so

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<v Speaker 3>for the fact that it didn't sell means that, although

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<v Speaker 3>it's beautiful, it was priced more than what people were

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<v Speaker 3>willing to pay because the associate, I believe, because the

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<v Speaker 3>association fees it's kind of high. It's twelve to fifty,

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<v Speaker 3>you know, on top of the fact you have to

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<v Speaker 3>pay taxes a month, you know, so you're looking at

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<v Speaker 3>at least the overhead of like I don't know, eighteen

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<v Speaker 3>hundred to two thousand dollars a month, just even if

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<v Speaker 3>you pay cash, which is what I was willing to

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<v Speaker 3>do so six point fifty, like last year, didn't sell

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<v Speaker 3>during the height when everybody was selling, delisted it. Put

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<v Speaker 3>it back on the market this year starting at five

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<v Speaker 3>to seventy five, didn't sell, brought it down to five

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<v Speaker 3>point fifty, didn't sell. It's not five thirty nine, still

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<v Speaker 3>has not sold. It's been seven it's been seven months

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<v Speaker 3>on the market, so you know, since was like, you know,

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<v Speaker 3>I did my little research. I've been asking questions. You know,

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<v Speaker 3>is there a lot of noise? I was like, you know,

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<v Speaker 3>the neighbors have been awesome, just like sharing, like this

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<v Speaker 3>is what they like about that, the neighbors. You just go. Well,

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<v Speaker 3>the first time I went, I realized I had like

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<v Speaker 3>because it's newer and I live here, there are a

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<v Speaker 3>handful of people that I knew. I'm like, oh, I

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<v Speaker 3>didn't know you lived here, you know. And then so

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<v Speaker 3>it was like one woman I knew that lived there,

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<v Speaker 3>and then she was like, you know who you should

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<v Speaker 3>talk to my friends such or such. She's in four B.

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<v Speaker 3>Let me make a text intro, you know. And so

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<v Speaker 3>that's how I got to speak to like, and I

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<v Speaker 3>even got to see two other apartments besides hers, and

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<v Speaker 3>they were beautiful. I was like, oh wow, and so

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<v Speaker 3>it just like, so I put in an all cash

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<v Speaker 3>offer for less than what you know. Apparently I offended her,

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<v Speaker 3>and so yeah, well, honestly I don't mind. I'm like,

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<v Speaker 3>what does that mean?

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<v Speaker 2>And what doesn't matter?

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<v Speaker 3>So when you are putting in an offer for a property,

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<v Speaker 3>you know, if you put in lower than what you

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<v Speaker 3>know the person is asking, you run the risk of

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<v Speaker 3>the seller being mad, you know, And you have to

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<v Speaker 3>ask yourself, are you willing to walk away? Which I

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<v Speaker 3>live in a beautiful home that's paid off, and so

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<v Speaker 3>I was willing to walk away because what to me,

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<v Speaker 3>Although I am looking for change, I am not in

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<v Speaker 3>a rush. The truth is this place took me by surprise.

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<v Speaker 3>I was gonna wait until the Resissance of twenty twenty

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<v Speaker 3>three and get me a deal like that was that

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<v Speaker 3>was my sal Yeah, I think that was happening, you know.

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<v Speaker 3>And so but this took me by surprise. I was like, Okay,

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<v Speaker 3>you know, I'm willing to consider this because you know,

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<v Speaker 3>this is a beautiful space and it's in the neighborhood

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<v Speaker 3>that I want to stay in. So I put in

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<v Speaker 3>an offer that I thought was more than fair, because

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<v Speaker 3>I also found out, because you could see, it's public

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<v Speaker 3>knowledge how much she paid for it, you know, and

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<v Speaker 3>because she had the place fully renovated. And there is

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<v Speaker 3>a guy who renovates the condo, like almost all the

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<v Speaker 3>condos there, and so one of the people, one of

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<v Speaker 3>the neighbors was like, oh, you should, let's call him Paul.

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<v Speaker 3>We used to talk to the ball cuse I think

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<v Speaker 3>he did the apartment. And so I spoke with Paul

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<v Speaker 3>and asked him all that he did, and it was

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<v Speaker 3>like all the electrical, all the plumbing, which is great

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<v Speaker 3>because that's the expensive stuff, the you know, the the kitchen,

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<v Speaker 3>the bathrooms, which also the expensive things. And so I

0:11:17.360 --> 0:11:19.480
<v Speaker 3>was like, okay, so all the hardcore things that are

0:11:19.480 --> 0:11:21.240
<v Speaker 3>going to cost a lot. And then I asked him

0:11:21.240 --> 0:11:23.640
<v Speaker 3>how much, you know, so this doesn't include materials, just

0:11:23.679 --> 0:11:25.520
<v Speaker 3>his like, you know, just his rate, and it was

0:11:25.559 --> 0:11:27.480
<v Speaker 3>about sixty thousand. I had them give me a arrange,

0:11:27.720 --> 0:11:29.760
<v Speaker 3>so about sixty thousand, I was like, okay. So I

0:11:29.760 --> 0:11:32.600
<v Speaker 3>started to do the math. I said, say sixty plus

0:11:32.640 --> 0:11:35.240
<v Speaker 3>another forty for materials. Let's just say you bought it

0:11:35.320 --> 0:11:38.080
<v Speaker 3>for two eighty then plus another one hundred thousand on

0:11:38.120 --> 0:11:40.720
<v Speaker 3>top of that, that's three eighty that you you know

0:11:40.760 --> 0:11:42.880
<v Speaker 3>that you've put in because the condo was bought in

0:11:43.520 --> 0:11:47.320
<v Speaker 3>twenty nineteen. So then that's that helped to inform the

0:11:47.400 --> 0:11:50.079
<v Speaker 3>kind of offer I'm going to make. That was a

0:11:49.840 --> 0:11:50.640
<v Speaker 3>quick around.

0:11:50.640 --> 0:11:51.240
<v Speaker 2>She's flipping it.

0:11:51.760 --> 0:11:56.440
<v Speaker 3>Girl lived there, No, and so maybe she was attending,

0:11:56.480 --> 0:11:59.199
<v Speaker 3>because honestly, it's very if you look at the pictures,

0:11:59.600 --> 0:12:03.040
<v Speaker 3>it's very specific taste. So I think that she intended to.

0:12:03.120 --> 0:12:05.800
<v Speaker 3>I'm assuming because why else renovated in such a way

0:12:05.800 --> 0:12:09.560
<v Speaker 3>that's very specific from the materials that she used. But

0:12:09.600 --> 0:12:12.360
<v Speaker 3>then for whatever reason, you know, something else happened. I

0:12:12.360 --> 0:12:15.040
<v Speaker 3>think she owns homes other places because she's a business owner.

0:12:15.320 --> 0:12:18.480
<v Speaker 3>So but think about that. You buy something for two eighty,

0:12:18.800 --> 0:12:20.840
<v Speaker 3>then you put one hundred thousand dollars into three eighty,

0:12:20.920 --> 0:12:23.800
<v Speaker 3>and then you try to sell it for six fifty

0:12:23.800 --> 0:12:25.640
<v Speaker 3>six to seventy five. That's like a three hundred thousand

0:12:25.640 --> 0:12:27.720
<v Speaker 3>dollars profit, which girl, I'm mad at you. But it

0:12:27.760 --> 0:12:30.160
<v Speaker 3>didn't work out because the market said I don't think so.

0:12:30.960 --> 0:12:33.839
<v Speaker 3>And even at this current price, the market is still

0:12:33.880 --> 0:12:37.520
<v Speaker 3>saying no. And we know that because it hasn't sold.

0:12:37.840 --> 0:12:39.400
<v Speaker 3>And so but you know, at the end of the day,

0:12:39.400 --> 0:12:43.280
<v Speaker 3>it's her property. But something interesting that's happening is if

0:12:43.320 --> 0:12:46.120
<v Speaker 3>there's another property, So this is a four bedroom like

0:12:46.160 --> 0:12:49.760
<v Speaker 3>three and a half bath or whatever, there's another four bedroom,

0:12:49.880 --> 0:12:53.280
<v Speaker 3>three and a half bath coming online in that same building.

0:12:53.720 --> 0:12:56.240
<v Speaker 3>Because up until now, that apartment has been a unicorn

0:12:56.280 --> 0:12:58.680
<v Speaker 3>in that there are no real comps because there is

0:12:58.720 --> 0:13:01.440
<v Speaker 3>no other four bedroom, three and a half back that's

0:13:01.440 --> 0:13:04.439
<v Speaker 3>sold within a year in that neighborhood. And so here's

0:13:04.559 --> 0:13:08.120
<v Speaker 3>one that's coming online. Now if from what I understand

0:13:08.120 --> 0:13:10.920
<v Speaker 3>that the person who's selling it, they've already purchased a home,

0:13:11.080 --> 0:13:13.640
<v Speaker 3>so they're very motivated to sell, which means, let's just

0:13:13.679 --> 0:13:18.360
<v Speaker 3>say they sell it for four seventy five for ninety, Now,

0:13:18.360 --> 0:13:21.040
<v Speaker 3>all of a sudden there's a hardcore comp So you're

0:13:21.080 --> 0:13:24.000
<v Speaker 3>trying to sell for five thirty nine. If they sell

0:13:24.520 --> 0:13:28.640
<v Speaker 3>basically the same apartment for four ninety, that is the

0:13:28.679 --> 0:13:30.840
<v Speaker 3>new comp. Five point thirty nine is going to be

0:13:30.960 --> 0:13:34.480
<v Speaker 3>nearly impossible because one, even if someone has the cash

0:13:34.600 --> 0:13:36.200
<v Speaker 3>like me, they're going to be like, well, why should

0:13:36.240 --> 0:13:38.720
<v Speaker 3>I pay that when something similar is sold for less?

0:13:38.840 --> 0:13:42.280
<v Speaker 3>And then if someone does get a mortgage, the appraisal

0:13:42.400 --> 0:13:44.599
<v Speaker 3>is not going to You're not going to get the

0:13:44.640 --> 0:13:48.319
<v Speaker 3>appraisal because appraisals are based upon comps, which are similar

0:13:48.360 --> 0:13:51.800
<v Speaker 3>properties that have recently sold. And this other property is

0:13:51.840 --> 0:13:55.160
<v Speaker 3>on a higher floor and it's fully renovated as well,

0:13:55.200 --> 0:13:57.360
<v Speaker 3>so it's a true comp. So it's going to be

0:13:57.400 --> 0:13:59.640
<v Speaker 3>very interesting. I'm actually going to look at that property

0:14:00.120 --> 0:14:02.360
<v Speaker 3>because you never know, maybe I want it, and so

0:14:02.400 --> 0:14:04.120
<v Speaker 3>I'm gonna look at it, you know, and if I don't,

0:14:04.400 --> 0:14:07.320
<v Speaker 3>I will sit and wait to see, you know, what

0:14:07.440 --> 0:14:09.439
<v Speaker 3>her move is. But I'm not in a rush. That's

0:14:09.480 --> 0:14:11.600
<v Speaker 3>one thing is that for those of you who are

0:14:11.720 --> 0:14:16.400
<v Speaker 3>looking to buy and purchase, there's always deals to be found,

0:14:17.520 --> 0:14:19.840
<v Speaker 3>and if you are not in a rush, try not

0:14:19.920 --> 0:14:23.200
<v Speaker 3>to rush, because it's very easy to get like because

0:14:23.240 --> 0:14:24.600
<v Speaker 3>I mean my realtor, I could tell she's kind of

0:14:24.600 --> 0:14:26.040
<v Speaker 3>annoyed with me because she's like, oh, you should have

0:14:26.120 --> 0:14:28.520
<v Speaker 3>put in for like, you know, hire, and I was

0:14:28.640 --> 0:14:32.080
<v Speaker 3>just like, why should I pay more? Because we're in

0:14:32.160 --> 0:14:37.720
<v Speaker 3>a market where it's it's hot potato, where these homes

0:14:37.720 --> 0:14:40.920
<v Speaker 3>were being passed around, and it was like this hot

0:14:41.000 --> 0:14:44.560
<v Speaker 3>market and someone's gonna get stuck with the potato and

0:14:44.720 --> 0:14:47.080
<v Speaker 3>it's very clear if I purchased it at the five

0:14:47.080 --> 0:14:50.440
<v Speaker 3>point thirty nine, it would be me because we see

0:14:50.520 --> 0:14:53.520
<v Speaker 3>already we're in a market where go on realtor dot

0:14:53.520 --> 0:14:56.520
<v Speaker 3>com or anything, you will literally see almost every home

0:14:56.560 --> 0:14:59.960
<v Speaker 3>has a download arrow of this home was recently reduced.

0:15:00.880 --> 0:15:02.880
<v Speaker 3>Like that's the market where it is no longer a

0:15:02.960 --> 0:15:05.360
<v Speaker 3>seller's market, but it's actually not a buyer's market either,

0:15:05.800 --> 0:15:09.920
<v Speaker 3>and we're in a rare fair market, And so it

0:15:09.960 --> 0:15:12.920
<v Speaker 3>doesn't make sense for me to overspend. Now in ten years,

0:15:12.920 --> 0:15:14.840
<v Speaker 3>do I think I get my money back? Sure, but

0:15:14.920 --> 0:15:17.040
<v Speaker 3>it doesn't make sense for me to overspend because at

0:15:17.080 --> 0:15:19.440
<v Speaker 3>the end of the day, I'm looking at my holistic

0:15:19.520 --> 0:15:22.240
<v Speaker 3>financial life and it's an opportunity cost because do you

0:15:22.320 --> 0:15:24.760
<v Speaker 3>know what five hundred thousand can do in this market

0:15:25.400 --> 0:15:27.560
<v Speaker 3>amazon as the lowest has been in like how many years,

0:15:27.560 --> 0:15:31.000
<v Speaker 3>twenty years? You know, five hundred thousand in the market

0:15:31.080 --> 0:15:34.600
<v Speaker 3>now could potentially be a million, two million in the

0:15:34.640 --> 0:15:37.920
<v Speaker 3>next five six years. And so knowing that, I just

0:15:38.080 --> 0:15:40.360
<v Speaker 3>was like, no, I'm not willing to go. I'm willing

0:15:40.400 --> 0:15:42.840
<v Speaker 3>to like, well, she won't even negotiate, so that's fine,

0:15:43.600 --> 0:15:45.520
<v Speaker 3>but I'm not willing to go to the price because

0:15:45.560 --> 0:15:47.000
<v Speaker 3>I've heard behind the scenes that she's like, I'm not

0:15:47.000 --> 0:15:49.440
<v Speaker 3>lowering it anymore, which is her right, you know, But

0:15:49.480 --> 0:15:52.560
<v Speaker 3>for me, I'm not willing to overspend on something that

0:15:52.600 --> 0:15:57.400
<v Speaker 3>I know. Now, is it worth the money she's asking

0:15:57.720 --> 0:16:00.400
<v Speaker 3>or is it? Yes? But is it that valued at

0:16:00.400 --> 0:16:03.320
<v Speaker 3>the money she's asking. No, because something can be worth

0:16:03.360 --> 0:16:06.240
<v Speaker 3>a thing, but if the market says I will not

0:16:06.360 --> 0:16:09.400
<v Speaker 3>purchase it, then the value has been stated, which is like, no,

0:16:09.480 --> 0:16:12.040
<v Speaker 3>not this. It's not because of the thing itself. It's

0:16:12.120 --> 0:16:14.440
<v Speaker 3>just because of the economy that we're in now. You

0:16:14.520 --> 0:16:16.480
<v Speaker 3>just can't get that price. So so I'll give you

0:16:16.520 --> 0:16:17.680
<v Speaker 3>guys some updates.

0:16:17.320 --> 0:16:19.560
<v Speaker 2>You know, and seeing I mean, so it seems like

0:16:19.600 --> 0:16:21.200
<v Speaker 2>that is off the table then, and you're going to

0:16:21.240 --> 0:16:22.320
<v Speaker 2>look for a different property.

0:16:22.640 --> 0:16:24.560
<v Speaker 3>No, because I'm open. Here's the thing, Like I said,

0:16:24.560 --> 0:16:27.160
<v Speaker 3>I'm fortunate in that, you know, don't. I don't have

0:16:27.160 --> 0:16:30.680
<v Speaker 3>any mortgages. My house is beautiful. I'm just open to

0:16:30.760 --> 0:16:34.000
<v Speaker 3>me the one. If the right opportunity comes along, I

0:16:34.040 --> 0:16:36.080
<v Speaker 3>will take advantage of it. But if not, it might

0:16:36.120 --> 0:16:38.160
<v Speaker 3>be two or three years and I'll stay here, you know.

0:16:38.520 --> 0:16:40.800
<v Speaker 3>I'm just basically it's just like, if the right opportunity

0:16:40.880 --> 0:16:42.640
<v Speaker 3>comes along, then I'll take advantage of it. But I

0:16:43.080 --> 0:16:46.840
<v Speaker 3>think it's just I think it's important for our listeners

0:16:46.880 --> 0:16:51.120
<v Speaker 3>to hear, like, here's what's happening twenty twenty three. I mean,

0:16:51.160 --> 0:16:52.640
<v Speaker 3>there's some economists that are like, we've been in a

0:16:52.680 --> 0:16:55.480
<v Speaker 3>recession since since January twenty twenty two. That's what some

0:16:55.520 --> 0:16:59.040
<v Speaker 3>economists are saying, because you know, we had the we

0:16:59.120 --> 0:17:04.720
<v Speaker 3>had the two quarters of economic strinkage of our GDP,

0:17:04.800 --> 0:17:07.000
<v Speaker 3>which is like the output of a country, right, the

0:17:07.040 --> 0:17:10.840
<v Speaker 3>financial output of a country. So some people are saying that,

0:17:10.920 --> 0:17:13.240
<v Speaker 3>you know, we've been in a recession, but I believe

0:17:13.280 --> 0:17:17.320
<v Speaker 3>by twenty twenty three it will be an undeniable recession,

0:17:17.440 --> 0:17:20.320
<v Speaker 3>meaning like the government will say so and everybody will

0:17:20.359 --> 0:17:24.439
<v Speaker 3>be on agreement that. And too, although the job market

0:17:25.000 --> 0:17:29.280
<v Speaker 3>is currently still strong, I think it's lagging behind what's

0:17:29.320 --> 0:17:34.200
<v Speaker 3>actually happening because like there are a lot of small businesses,

0:17:34.200 --> 0:17:37.399
<v Speaker 3>including myself, we've had to make some shrinkage, like you know,

0:17:37.520 --> 0:17:39.280
<v Speaker 3>like I think in twenty twenty three, you're going to

0:17:39.320 --> 0:17:42.479
<v Speaker 3>see that people are going to be let go and

0:17:42.560 --> 0:17:45.000
<v Speaker 3>maybe they're you know, they've already gotten their walking papers,

0:17:45.040 --> 0:17:49.760
<v Speaker 3>like Twitter, where in February, like they've been told now,

0:17:49.800 --> 0:17:52.840
<v Speaker 3>but in February that's when it'll officially be done. So

0:17:52.880 --> 0:17:54.720
<v Speaker 3>I think in twenty twenty three, we're also going to

0:17:54.720 --> 0:17:59.080
<v Speaker 3>see an uptick in unemployment, you know, like although we

0:17:59.119 --> 0:18:01.720
<v Speaker 3>haven't seen it yet, I think the job market is lagging.

0:18:01.920 --> 0:18:05.600
<v Speaker 3>So you're going to see home prices decrease because they've

0:18:05.600 --> 0:18:09.080
<v Speaker 3>been on like a tear, you know. And then you're

0:18:09.080 --> 0:18:10.720
<v Speaker 3>also going to see I think a lot more people

0:18:10.840 --> 0:18:16.480
<v Speaker 3>unfortunately losing their jobs, and inflation is still has a

0:18:16.520 --> 0:18:20.240
<v Speaker 3>hold on us. And you know, Jerome Powell, you know,

0:18:20.280 --> 0:18:22.800
<v Speaker 3>from the FEDS, from the Federal Reserve Bank, has made

0:18:22.840 --> 0:18:24.439
<v Speaker 3>it very clear that he's going to do whatever it

0:18:24.480 --> 0:18:28.359
<v Speaker 3>takes to bring inflation underfoot, you know, if that means

0:18:28.400 --> 0:18:32.360
<v Speaker 3>increasing the interest rate again, which they just did last week,

0:18:32.640 --> 0:18:36.480
<v Speaker 3>and so interest rates are higher, mortgage interest rates are

0:18:36.520 --> 0:18:37.920
<v Speaker 3>higher as a result. I think we're at like seven

0:18:37.960 --> 0:18:40.960
<v Speaker 3>percent for a thirty year mortgage. Yeah, I think we should.

0:18:41.000 --> 0:18:42.720
<v Speaker 3>I think our next episode we should really talk about

0:18:42.720 --> 0:18:46.160
<v Speaker 3>preparation for the recession and like what our listeners to do.

0:18:46.320 --> 0:18:48.240
<v Speaker 3>But I'm just sharing that so you understand like my

0:18:48.320 --> 0:18:51.280
<v Speaker 3>thinking about, you know, whether or not to purchase of property,

0:18:51.320 --> 0:18:53.520
<v Speaker 3>and if I do, I want to do so in

0:18:53.560 --> 0:18:55.000
<v Speaker 3>a way that because at the end of the day,

0:18:55.600 --> 0:18:58.560
<v Speaker 3>buying a home is probably the most expensive choice most

0:18:58.560 --> 0:19:00.679
<v Speaker 3>of us will ever make. I don't want to do

0:19:00.720 --> 0:19:03.040
<v Speaker 3>so just because I'm like, I love it, you know,

0:19:03.080 --> 0:19:05.560
<v Speaker 3>it's like, Okay, it's gonna be a lot of homes

0:19:05.600 --> 0:19:09.080
<v Speaker 3>you live. Let's talk about the financial ramifications of that purchase.

0:19:09.240 --> 0:19:10.960
<v Speaker 2>Well, I'm glad you brought up layoffs. I mean, as

0:19:11.000 --> 0:19:13.959
<v Speaker 2>a career coach, I'm already seeing it in the Mandy Moneymakers,

0:19:14.560 --> 0:19:16.760
<v Speaker 2>and it's one of the reasons why. Yeah, I mean,

0:19:17.119 --> 0:19:20.720
<v Speaker 2>not huge numbers, but certainly some people in our community

0:19:20.960 --> 0:19:24.840
<v Speaker 2>have been laid off this in the past few months now.

0:19:24.880 --> 0:19:27.159
<v Speaker 2>One was laid off in August and already has a

0:19:27.200 --> 0:19:30.040
<v Speaker 2>great job, earning more than she was getting paid from

0:19:30.040 --> 0:19:33.320
<v Speaker 2>the job that later off. It took her two months,

0:19:33.359 --> 0:19:34.720
<v Speaker 2>two and a half months, I think, so it was

0:19:34.760 --> 0:19:37.720
<v Speaker 2>a long wait, but she was able to bounce back.

0:19:37.920 --> 0:19:41.040
<v Speaker 2>So I think it's like, what I'm seeing is, yes,

0:19:41.119 --> 0:19:43.440
<v Speaker 2>layoffs are happening, and it's just par for the course.

0:19:43.520 --> 0:19:43.719
<v Speaker 3>You know.

0:19:43.840 --> 0:19:48.880
<v Speaker 2>I really approach career coaching for realistic position of layoffs happen.

0:19:49.080 --> 0:19:52.000
<v Speaker 2>I think if you're going to have a long career,

0:19:52.040 --> 0:19:54.440
<v Speaker 2>it's probably going to happen to you at some point.

0:19:54.480 --> 0:19:56.520
<v Speaker 2>I have been laid off myself, and the message for

0:19:56.600 --> 0:19:59.800
<v Speaker 2>me is always career resiliency, Like, how can you create

0:20:00.320 --> 0:20:04.120
<v Speaker 2>professional resiliency so that you have like a network who

0:20:04.119 --> 0:20:06.760
<v Speaker 2>can support you if you need support if you're to

0:20:06.800 --> 0:20:08.520
<v Speaker 2>be layoff, So people who you can reach out to

0:20:08.560 --> 0:20:11.320
<v Speaker 2>and let them know I'm open to a no opportunity

0:20:11.400 --> 0:20:14.480
<v Speaker 2>And because of the like the relationships that you've built

0:20:14.480 --> 0:20:17.240
<v Speaker 2>and the reputation that you have in your field, that

0:20:17.280 --> 0:20:19.359
<v Speaker 2>you'll be able to bounce back a little bit more

0:20:19.440 --> 0:20:23.760
<v Speaker 2>quickly than if you're starting cold. Yeah, and I think shit,

0:20:23.920 --> 0:20:26.399
<v Speaker 2>like on on Friday half of Twitter's workforce. Did you

0:20:26.440 --> 0:20:28.959
<v Speaker 2>hear that they laid off half the workforce, which is

0:20:29.040 --> 0:20:31.720
<v Speaker 2>just brutal. But then they were calling some people back

0:20:32.080 --> 0:20:34.800
<v Speaker 2>and saying just never mind, we think you should come back.

0:20:34.800 --> 0:20:35.560
<v Speaker 2>You're too essential.

0:20:36.200 --> 0:20:37.480
<v Speaker 3>Ah, not any of that.

0:20:38.359 --> 0:20:42.880
<v Speaker 2>What is Elon doing? It's awful. And he's already tweeted

0:20:42.920 --> 0:20:47.360
<v Speaker 2>like vote Republican and how he's one of his first

0:20:47.600 --> 0:20:51.439
<v Speaker 2>you know, one of his first missions is to what

0:20:51.560 --> 0:20:55.440
<v Speaker 2>you call it, like clamp down, clamp down, stamp down

0:20:55.440 --> 0:20:58.080
<v Speaker 2>on whatever, fight back against parody accounts because a lot

0:20:58.119 --> 0:21:00.840
<v Speaker 2>of people parody Elon Musk because he is.

0:21:00.920 --> 0:21:04.240
<v Speaker 3>Saw that Kathy Griffin. They kicked her off as a result.

0:21:04.800 --> 0:21:08.520
<v Speaker 2>Really, yeah, so he's a bully. He's such a freaking

0:21:08.600 --> 0:21:13.080
<v Speaker 2>billionaire bully. And it's a shame, you know that a

0:21:13.119 --> 0:21:15.959
<v Speaker 2>man like him can just wield his influence and his

0:21:16.720 --> 0:21:19.640
<v Speaker 2>huge financial power and just take over a whole company

0:21:19.720 --> 0:21:23.840
<v Speaker 2>like that. And Twitter just felt like the people's company

0:21:23.840 --> 0:21:25.320
<v Speaker 2>in a weird way. I mean, it's a business, right,

0:21:25.840 --> 0:21:27.800
<v Speaker 2>but it just doesn't feel like that anymore, and I

0:21:27.840 --> 0:21:30.880
<v Speaker 2>don't want to use it. But it's not the only

0:21:30.920 --> 0:21:32.480
<v Speaker 2>ones like we're going to be seeing. And this is

0:21:32.520 --> 0:21:35.120
<v Speaker 2>heading into the fourth quarter. We're already in the fourth quarter.

0:21:35.359 --> 0:21:40.119
<v Speaker 2>Layofs are really common before the holidays, so yeah, I mean, realistically,

0:21:40.160 --> 0:21:43.480
<v Speaker 2>you should absolutely be preparing for what happens if you

0:21:43.480 --> 0:21:45.720
<v Speaker 2>were to be laid off, so I would be. And

0:21:45.800 --> 0:21:47.440
<v Speaker 2>a lot of the same practices that can help you

0:21:47.480 --> 0:21:50.760
<v Speaker 2>prepare professionally can also help you financially, so you know,

0:21:50.840 --> 0:21:54.919
<v Speaker 2>get your emergency funds shored up, cut back on expenses

0:21:54.960 --> 0:21:57.960
<v Speaker 2>if you can, you know, of course, Dust off that

0:21:58.040 --> 0:22:01.119
<v Speaker 2>resume and be looking, you know, take the take interview

0:22:01.200 --> 0:22:05.360
<v Speaker 2>opportunities as they come to you, and keep your networks

0:22:05.400 --> 0:22:08.480
<v Speaker 2>fresh and warm, so, you know, look for opportunities to

0:22:08.520 --> 0:22:10.960
<v Speaker 2>connect to former colleagues and peers in your network and

0:22:11.400 --> 0:22:13.639
<v Speaker 2>let them know what you're interested in. And certainly, if

0:22:13.680 --> 0:22:16.600
<v Speaker 2>you're hearing whispers, you know, some of these layoffs don't

0:22:16.600 --> 0:22:20.040
<v Speaker 2>happen out of nowhere. You hear whispers at your company,

0:22:20.119 --> 0:22:22.280
<v Speaker 2>and some companies tell you, you know, like they have

0:22:22.320 --> 0:22:24.880
<v Speaker 2>the hiring freezes and hiring pauses. That's a good indication.

0:22:25.520 --> 0:22:28.359
<v Speaker 2>Potentially layoffs could happen if these freezes are not enough.

0:22:28.600 --> 0:22:31.520
<v Speaker 2>So what can you do to bounce back? And how

0:22:31.520 --> 0:22:32.919
<v Speaker 2>can you use your network to do that?

0:22:33.080 --> 0:22:35.720
<v Speaker 3>So I have a question, So Mandy, how because you've

0:22:35.760 --> 0:22:38.720
<v Speaker 3>told me it took her two months on average when

0:22:39.320 --> 0:22:42.760
<v Speaker 3>things are not bad, how long are typically people or

0:22:42.760 --> 0:22:44.679
<v Speaker 3>your Mandy money makers, how long have they like, if

0:22:44.720 --> 0:22:47.560
<v Speaker 3>they lost their job, how long before they replaced it typically?

0:22:47.960 --> 0:22:51.840
<v Speaker 2>Yeah, Well, I've only seen I think three Mandy money makers,

0:22:51.880 --> 0:22:54.399
<v Speaker 2>so it's not a huge statistical sample, but three Mandy

0:22:54.400 --> 0:22:58.320
<v Speaker 2>money makers have been laid off since August and one

0:22:58.400 --> 0:23:02.440
<v Speaker 2>worked in HR one War worked for a big health

0:23:02.480 --> 0:23:05.200
<v Speaker 2>coaching like a kind of like Uber for fitness coaching,

0:23:06.000 --> 0:23:11.560
<v Speaker 2>a company called Noom, and then another dank oh yes, yes, yeah,

0:23:11.600 --> 0:23:15.400
<v Speaker 2>and she was in like equity, diversity Equity. It's these

0:23:15.440 --> 0:23:17.199
<v Speaker 2>like HR roles, the two that I've had, and then

0:23:17.200 --> 0:23:18.800
<v Speaker 2>I forget where the third one works. I need to

0:23:18.800 --> 0:23:21.120
<v Speaker 2>go back and check. But like I said, the first

0:23:21.119 --> 0:23:23.360
<v Speaker 2>one who got was laid off. Actually she was only

0:23:23.400 --> 0:23:26.159
<v Speaker 2>laid off three months after joining the company, which the

0:23:26.200 --> 0:23:28.920
<v Speaker 2>same thing happened to me. First last one hired, first

0:23:28.920 --> 0:23:30.840
<v Speaker 2>one fired, you know, tales oldest time. She was laid

0:23:30.840 --> 0:23:33.760
<v Speaker 2>off in August and she had two interviews going at

0:23:33.880 --> 0:23:37.640
<v Speaker 2>two good job prospects going at the same time dragging

0:23:37.680 --> 0:23:40.919
<v Speaker 2>their feet because I do think at companies you're seeing

0:23:41.000 --> 0:23:43.480
<v Speaker 2>a lot of uncertainty and even if you had like

0:23:43.600 --> 0:23:47.680
<v Speaker 2>headcount approved for open roles, I think recruiters in HR

0:23:47.920 --> 0:23:51.560
<v Speaker 2>are still getting mixed signals, probably from higher ups on

0:23:51.600 --> 0:23:54.919
<v Speaker 2>can we fill this headcount? You know, one of my

0:23:54.960 --> 0:23:58.080
<v Speaker 2>Mandy money makers is in at a big Silicon Valley

0:23:58.080 --> 0:24:00.919
<v Speaker 2>company right now that you all would know, and she

0:24:01.200 --> 0:24:05.320
<v Speaker 2>is interviewing or was interviewing rather at Amazon, and then

0:24:05.359 --> 0:24:09.359
<v Speaker 2>her hiring process was put on hold, so yeah, which is,

0:24:09.600 --> 0:24:12.679
<v Speaker 2>you know, luckily she has a great job to shelter in,

0:24:13.240 --> 0:24:16.560
<v Speaker 2>but I'm definitely seeing it happen. And the first one

0:24:16.600 --> 0:24:18.240
<v Speaker 2>that I mentioned that was laid off in August, she

0:24:18.400 --> 0:24:21.919
<v Speaker 2>just got a great new job in October, so it

0:24:21.960 --> 0:24:24.879
<v Speaker 2>took her two and a half months or so. So

0:24:25.119 --> 0:24:27.159
<v Speaker 2>I think what you said about jobs sort of lagging

0:24:27.160 --> 0:24:29.000
<v Speaker 2>what's happening in the market's true. I think we have

0:24:29.119 --> 0:24:31.920
<v Speaker 2>to take a realistic look at it. And what gives

0:24:31.960 --> 0:24:36.520
<v Speaker 2>me hope is that, yes, layoffs are happening, but I'm

0:24:36.560 --> 0:24:40.800
<v Speaker 2>also seeing that people are finding those opportunities. And the

0:24:40.880 --> 0:24:42.720
<v Speaker 2>second one who I mentioned, who got laid off from

0:24:42.840 --> 0:24:46.520
<v Speaker 2>the health and Health coaching company, she's had interviews at

0:24:46.520 --> 0:24:50.760
<v Speaker 2>great firms and she's really you know, optimistic. And both

0:24:50.800 --> 0:24:54.399
<v Speaker 2>of these women have been executing everything that they've learned

0:24:54.440 --> 0:24:57.159
<v Speaker 2>through the Mandy money makers, you know, really leveraging their networks,

0:24:57.640 --> 0:25:00.520
<v Speaker 2>not being shy about posting on LinkedIn even about their

0:25:01.080 --> 0:25:04.760
<v Speaker 2>journey post layoff. You know, how it's been going and

0:25:04.800 --> 0:25:08.280
<v Speaker 2>what they're seeing, and but that's it's it's a reality.

0:25:08.320 --> 0:25:11.920
<v Speaker 2>So I definitely think that we should be if you're

0:25:11.920 --> 0:25:13.920
<v Speaker 2>working nine to five. This is one of those times

0:25:13.960 --> 0:25:17.119
<v Speaker 2>where it's like, Okay, what am I doing to create

0:25:17.160 --> 0:25:18.400
<v Speaker 2>more resiliency so.

0:25:18.320 --> 0:25:23.400
<v Speaker 3>That if when something happens you can we should definitely little.

0:25:23.440 --> 0:25:29.119
<v Speaker 3>I think we should have literally like a recession, like

0:25:29.600 --> 0:25:31.840
<v Speaker 3>you know, like literally like take questions Q and al

0:25:32.080 --> 0:25:35.960
<v Speaker 3>like our Baqa recession questions and then like a so

0:25:36.119 --> 0:25:38.199
<v Speaker 3>we could really deep dive into like how to prepare

0:25:38.760 --> 0:25:41.000
<v Speaker 3>your career, how to prepare your business, and how to

0:25:41.000 --> 0:25:44.240
<v Speaker 3>prepare you know, your personal finances like those three things.

0:25:44.320 --> 0:25:47.040
<v Speaker 3>I think that would be so helpful for our listeners

0:25:47.080 --> 0:25:50.320
<v Speaker 3>because it doesn't have to be this big, bad, scary thing.

0:25:50.400 --> 0:25:54.679
<v Speaker 3>But certainly, you know, the first recession, I had no idea.

0:25:54.760 --> 0:25:56.320
<v Speaker 3>I bought a house at top of market, like da

0:25:56.400 --> 0:25:59.680
<v Speaker 3>da da da. I'm twenty five and out here doing

0:25:59.760 --> 0:26:04.000
<v Speaker 3>big grew up session. What's the recession? Ru googling it,

0:26:04.440 --> 0:26:07.280
<v Speaker 3>we would well, ooh girl, they say people lose their job,

0:26:07.320 --> 0:26:12.240
<v Speaker 3>but not teachers owe me too. So my first introduction

0:26:12.359 --> 0:26:14.880
<v Speaker 3>to the recession was raugh and so we don't want

0:26:14.880 --> 0:26:17.280
<v Speaker 3>that for you. You know, there's a lot that you know,

0:26:17.520 --> 0:26:20.120
<v Speaker 3>we wish we would have known, and I'm way more

0:26:20.119 --> 0:26:23.520
<v Speaker 3>prepared now. That's why I was like, m Tiffany, even

0:26:23.560 --> 0:26:26.040
<v Speaker 3>though I would buy this place and it wouldn't have

0:26:26.040 --> 0:26:29.240
<v Speaker 3>a mortgage, you know, I'm still committing to like twenty

0:26:29.280 --> 0:26:33.240
<v Speaker 3>one thousand dollars a year and just overhead, just basic overhead,

0:26:33.560 --> 0:26:35.280
<v Speaker 3>which not to say I can't afford that, but I

0:26:35.359 --> 0:26:39.520
<v Speaker 3>was just like, what's the desired outcome? And does this

0:26:39.640 --> 0:26:41.960
<v Speaker 3>meet it? Or just doesn't meet some of it?

0:26:42.400 --> 0:26:42.600
<v Speaker 5>You know?

0:26:42.800 --> 0:26:46.360
<v Speaker 3>And so I think every almost all of our choices

0:26:46.760 --> 0:26:49.440
<v Speaker 3>are also financial choices, and if we keep those in mind,

0:26:49.880 --> 0:26:52.919
<v Speaker 3>then I truly believe that you can, you know, you

0:26:52.960 --> 0:26:55.679
<v Speaker 3>can make a choice that meets at least most of

0:26:55.680 --> 0:26:59.240
<v Speaker 3>your criteria, you know, like and so yeah, So I

0:26:59.359 --> 0:27:01.360
<v Speaker 3>just think that I'm glad that, you know, they get

0:27:01.400 --> 0:27:02.880
<v Speaker 3>to kind of come along the ride with us as

0:27:02.920 --> 0:27:05.600
<v Speaker 3>we like navigate this because I love in real time hearing,

0:27:05.720 --> 0:27:08.320
<v Speaker 3>like even though I know it's not this large cross

0:27:08.320 --> 0:27:11.680
<v Speaker 3>section of the Mandy money makers, but it's it's real

0:27:11.720 --> 0:27:13.720
<v Speaker 3>life happening to real people that we get to see,

0:27:13.720 --> 0:27:16.240
<v Speaker 3>like what's happening when it comes to the job marker?

0:27:16.240 --> 0:27:19.160
<v Speaker 3>How long did it take? And then too, I think

0:27:19.480 --> 0:27:23.320
<v Speaker 3>one of the biggest takeaways is like, look what happens

0:27:23.320 --> 0:27:28.680
<v Speaker 3>when you actually have help navigating that space versus maybe

0:27:28.760 --> 0:27:30.560
<v Speaker 3>if you know, maybe it would have been four months

0:27:30.680 --> 0:27:31.760
<v Speaker 3>or five months if.

0:27:31.760 --> 0:27:35.600
<v Speaker 2>She was out here instead of getting feeling absolutely and

0:27:35.720 --> 0:27:37.680
<v Speaker 2>like the support of having a place you can go

0:27:37.760 --> 0:27:40.640
<v Speaker 2>and say, y'all, I got laid off today, I'm kind

0:27:40.680 --> 0:27:43.520
<v Speaker 2>of freaking out. And you know, it's been really wonderful

0:27:43.560 --> 0:27:46.920
<v Speaker 2>to see the makers kind of just cover these women

0:27:47.000 --> 0:27:51.040
<v Speaker 2>and cover their fellow makers. This is my first proceession

0:27:51.040 --> 0:27:54.800
<v Speaker 2>as a business owner, so I'm even thinking, huh, am

0:27:54.800 --> 0:27:57.200
<v Speaker 2>I gonna sink this much into my like my solo

0:27:57.240 --> 0:27:59.720
<v Speaker 2>four one care should I keep more cash, you know,

0:27:59.800 --> 0:28:02.560
<v Speaker 2>and my reserves since here, Yeah, I.

0:28:02.600 --> 0:28:06.320
<v Speaker 3>Can talk about it because honestly, like we I've been prepared, honey.

0:28:06.800 --> 0:28:09.520
<v Speaker 3>Like I was like during COVID, I was freaked out.

0:28:09.560 --> 0:28:11.719
<v Speaker 3>I was like, uh, we had one month worth of

0:28:12.200 --> 0:28:17.000
<v Speaker 3>emergency savings, and I said, it's not in all. So

0:28:17.119 --> 0:28:21.320
<v Speaker 3>now all of my companies have six months of emergency savings,

0:28:21.960 --> 0:28:23.800
<v Speaker 3>and well, we're going to talk. Like I said, I

0:28:23.800 --> 0:28:25.639
<v Speaker 3>think it's there's so much stuff that we could do

0:28:25.640 --> 0:28:28.560
<v Speaker 3>to prepare. But we also have pivot plans of like

0:28:28.720 --> 0:28:30.440
<v Speaker 3>I call it going to the bank. I tell it

0:28:30.520 --> 0:28:34.280
<v Speaker 3>to all like my mentees and my mentor Tiffany dot com.

0:28:34.320 --> 0:28:36.159
<v Speaker 3>Is that like, you should have this thing where I

0:28:36.240 --> 0:28:38.960
<v Speaker 3>call it where it's like you have your regular business model.

0:28:39.240 --> 0:28:42.280
<v Speaker 3>But if stuff is you know, the young people say,

0:28:42.280 --> 0:28:45.360
<v Speaker 3>if shit gets thick, then I can go to the bank.

0:28:45.760 --> 0:28:47.480
<v Speaker 3>And sometimes going to the bank is like I can

0:28:47.520 --> 0:28:50.080
<v Speaker 3>do consulting. Like for example, for me personally, I know

0:28:50.680 --> 0:28:52.960
<v Speaker 3>that if if I wanted, I could do one on

0:28:52.960 --> 0:28:55.600
<v Speaker 3>one consulting and make quite a bit of money. I

0:28:55.600 --> 0:28:57.960
<v Speaker 3>don't particularly want to do one on one consulting, but

0:28:57.960 --> 0:29:01.240
<v Speaker 3>if things got really bad, that's the bank for the Budgetista.

0:29:01.440 --> 0:29:03.560
<v Speaker 3>Back when I first started the Budgetista, the bank was

0:29:03.640 --> 0:29:07.280
<v Speaker 3>babysitting and tutoring. It was like, oh my gosh, Budgetesta

0:29:07.280 --> 0:29:09.560
<v Speaker 3>made no money, but that's okay. I babysat and tutored

0:29:09.720 --> 0:29:13.320
<v Speaker 3>to make money instantly. And so I think every business

0:29:13.320 --> 0:29:18.440
<v Speaker 3>owner should have some ways, even if it's not ways

0:29:18.480 --> 0:29:20.440
<v Speaker 3>that you're currently doing that you could tap into that

0:29:20.520 --> 0:29:23.720
<v Speaker 3>bank and say, if I had to, I could do this, this, this, this,

0:29:23.840 --> 0:29:26.760
<v Speaker 3>Like I know you don't particularly like editing being an

0:29:26.840 --> 0:29:29.640
<v Speaker 3>editor anymore, but you know, if you had to, you

0:29:29.680 --> 0:29:33.240
<v Speaker 3>could take make some right. You can make some coin

0:29:33.360 --> 0:29:37.160
<v Speaker 3>in the meantime on the way out exactly. Those are

0:29:37.200 --> 0:29:39.920
<v Speaker 3>That's why it's important. So now, but this is good.

0:29:39.920 --> 0:29:44.120
<v Speaker 3>I mean, I just think, like you know, well, by

0:29:44.160 --> 0:29:47.680
<v Speaker 3>the time you guys hear this episode, you know officially,

0:29:47.760 --> 0:29:52.160
<v Speaker 3>voting will be over. You know, I know, I'm I know,

0:29:53.080 --> 0:29:55.200
<v Speaker 3>but I mean, here's the thing, here's the thing, here's

0:29:55.200 --> 0:29:58.120
<v Speaker 3>the thing, here's the thing I told myself. Regardless of

0:29:58.120 --> 0:30:02.480
<v Speaker 3>what happens, life move on, meaning that you have to

0:30:02.640 --> 0:30:06.080
<v Speaker 3>whether it's a Republican House Senate that like we will,

0:30:06.120 --> 0:30:08.840
<v Speaker 3>you will have to learn to navigate. Whether it's all Democrat,

0:30:08.880 --> 0:30:11.280
<v Speaker 3>you'd have to learn to navigate. And that's how life

0:30:11.360 --> 0:30:14.360
<v Speaker 3>looks like. You know, it's so cyclical, and you will

0:30:14.400 --> 0:30:17.880
<v Speaker 3>manage and we will. You know. The key is, with

0:30:18.000 --> 0:30:20.200
<v Speaker 3>the tools available to me, how do I make the

0:30:20.200 --> 0:30:21.960
<v Speaker 3>most of it? And that's all that can be asked

0:30:21.960 --> 0:30:24.240
<v Speaker 3>of you. So you know, just keep that in mind

0:30:24.240 --> 0:30:26.960
<v Speaker 3>that like you know, there have been worse that's happened,

0:30:26.960 --> 0:30:28.920
<v Speaker 3>and there have been better that's happened. Neither way, You're

0:30:28.960 --> 0:30:29.640
<v Speaker 3>still here.

0:30:29.440 --> 0:30:33.200
<v Speaker 2>So absolutely, and it's such a it's like a Buddhist

0:30:33.240 --> 0:30:35.160
<v Speaker 2>way of looking at things that in life there are

0:30:36.240 --> 0:30:39.920
<v Speaker 2>there are intense moments of joy and ups and everyone's

0:30:39.960 --> 0:30:42.320
<v Speaker 2>making money and it's all great, and then you also

0:30:42.400 --> 0:30:43.880
<v Speaker 2>have to be ready for the other foot to drop.

0:30:44.000 --> 0:30:46.640
<v Speaker 2>And I think that it's not pessimism, it's realism, and

0:30:46.640 --> 0:30:49.000
<v Speaker 2>that's what I like to bring to the table. But

0:30:49.040 --> 0:30:52.200
<v Speaker 2>there's still room to be optimistic. It's just about okay,

0:30:52.560 --> 0:30:55.600
<v Speaker 2>let's be optimistic and cautiously optimistic moving forward.

0:30:56.360 --> 0:30:57.640
<v Speaker 3>Yeah, and plan either way?

0:30:58.200 --> 0:31:00.920
<v Speaker 2>Absolutely well? Should we take a cao break a break

0:31:00.960 --> 0:31:04.200
<v Speaker 2>and come wait shu, all right, I gotta think of

0:31:04.200 --> 0:31:07.040
<v Speaker 2>a booster break. Day was gonna be right.

0:31:06.920 --> 0:31:15.320
<v Speaker 5>Back, okay, and we're blacking back, and now it's time

0:31:15.640 --> 0:31:17.400
<v Speaker 5>for boostom bring.

0:31:17.320 --> 0:31:20.320
<v Speaker 3>Boost, don't bring boot, don't bring up boost? Are you

0:31:20.400 --> 0:31:24.720
<v Speaker 3>gonna boost? Are you gonna break? You're gonna break? Which

0:31:24.720 --> 0:31:27.960
<v Speaker 3>one are you gonna do? Magic? Which one? Will you take? Boost?

0:31:27.960 --> 0:31:30.720
<v Speaker 3>A break? Because yours is a big, mine is short,

0:31:30.720 --> 0:31:32.200
<v Speaker 3>So I'll just do and then that way we can

0:31:32.480 --> 0:31:36.200
<v Speaker 3>we can wax poetic on yours like after yeah, okay,

0:31:36.240 --> 0:31:38.320
<v Speaker 3>so minus willian leta of course, I just forgot it,

0:31:38.400 --> 0:31:40.560
<v Speaker 3>darn it. It was not like a big one. It

0:31:40.680 --> 0:31:42.040
<v Speaker 3>was like, oh my god, it was right here.

0:31:42.480 --> 0:31:45.600
<v Speaker 2>It's cheap it's too much energy helping me think of mine?

0:31:47.320 --> 0:31:51.960
<v Speaker 3>No, what was it? It was, oh, okay, this is

0:31:52.000 --> 0:31:54.680
<v Speaker 3>my my boost. It's I mean, it's a big deal,

0:31:54.720 --> 0:31:57.840
<v Speaker 3>but not like a big deal for me personally. I've

0:31:57.880 --> 0:32:03.400
<v Speaker 3>decided I decided long anyway, I've decided that. Like I mean,

0:32:03.480 --> 0:32:05.640
<v Speaker 3>y'all know, I've been like redesigning my life. I just

0:32:05.640 --> 0:32:07.440
<v Speaker 3>actually I've not spoken to doctor Green in a month,

0:32:07.440 --> 0:32:09.720
<v Speaker 3>and we finally had our session like last week, and

0:32:09.760 --> 0:32:11.560
<v Speaker 3>I was sharing her all the changes, and she was like,

0:32:11.560 --> 0:32:12.920
<v Speaker 3>are you just in awe of the women that you

0:32:13.040 --> 0:32:19.280
<v Speaker 3>become activity? And I was like, but I told her

0:32:19.840 --> 0:32:21.840
<v Speaker 3>that one of the things on my list is I

0:32:21.880 --> 0:32:25.040
<v Speaker 3>want more space and time to just do the things

0:32:25.080 --> 0:32:27.360
<v Speaker 3>that I enjoy. You know that sometimes I feel so

0:32:27.560 --> 0:32:29.080
<v Speaker 3>rushed in the next thing and the next thing in it.

0:32:29.320 --> 0:32:32.160
<v Speaker 3>And I said, so next next year, I told my

0:32:32.200 --> 0:32:35.400
<v Speaker 3>admin rose to put an X on March, to put

0:32:35.440 --> 0:32:38.520
<v Speaker 3>an X on August, and to put an X on December.

0:32:38.960 --> 0:32:41.040
<v Speaker 3>I mean, I'm not going to work those three months.

0:32:41.120 --> 0:32:44.840
<v Speaker 3>And I'm super excited about it, you know, because I'm

0:32:44.880 --> 0:32:46.480
<v Speaker 3>just like I you know, I'm I'm telling all of

0:32:46.520 --> 0:32:49.440
<v Speaker 3>my partners, you know, ahead of time, so that way

0:32:49.480 --> 0:32:50.840
<v Speaker 3>they want to work with me. It doesn't mean that

0:32:50.920 --> 0:32:53.480
<v Speaker 3>nothing will get posted, you know, but it just means that,

0:32:53.560 --> 0:32:55.920
<v Speaker 3>like I will pre tape, like let's just say, I'm like, oh,

0:32:55.920 --> 0:32:57.600
<v Speaker 3>they want me to do some reels or whatever. All

0:32:57.640 --> 0:32:59.560
<v Speaker 3>those things will be done because my team will still

0:32:59.560 --> 0:33:02.320
<v Speaker 3>be working. But you know, I want to create space

0:33:02.360 --> 0:33:06.719
<v Speaker 3>where I'm like, I'm not overworking, you know, because I

0:33:06.720 --> 0:33:09.760
<v Speaker 3>felt I'm not going to lie. I was doing really

0:33:09.800 --> 0:33:13.080
<v Speaker 3>well until the Netflix special came out and then it

0:33:13.120 --> 0:33:16.040
<v Speaker 3>triggered old Tiffany, which is, oh girl, we about to

0:33:16.160 --> 0:33:18.840
<v Speaker 3>get it. And then I was like, oh my gosh,

0:33:18.880 --> 0:33:20.400
<v Speaker 3>and I didn't know how to turn it off. And

0:33:20.440 --> 0:33:24.080
<v Speaker 3>then I got really sick with that upper respiratory and

0:33:24.120 --> 0:33:28.240
<v Speaker 3>it sat my my behind down, and I said, I

0:33:28.240 --> 0:33:30.960
<v Speaker 3>don't want to go back to that, Like there has

0:33:31.040 --> 0:33:35.560
<v Speaker 3>to be a way to you know, celebrate something good

0:33:35.680 --> 0:33:40.560
<v Speaker 3>or promote something without breaking myself, because that's what I

0:33:40.560 --> 0:33:42.920
<v Speaker 3>would just do. I would power through and I don't

0:33:42.960 --> 0:33:45.080
<v Speaker 3>want to be that Tiffany anymore. And so I do

0:33:45.200 --> 0:33:47.000
<v Speaker 3>say all that to say that like I'm excited because

0:33:47.120 --> 0:33:49.680
<v Speaker 3>I'm like, that's what next year is going to look like.

0:33:49.680 --> 0:33:50.800
<v Speaker 3>I don't know I'm going to work it out. But

0:33:50.840 --> 0:33:53.520
<v Speaker 3>I told myself, first you work it out by intending it,

0:33:53.640 --> 0:33:55.720
<v Speaker 3>then you say it, then you let people know, and

0:33:55.760 --> 0:33:58.479
<v Speaker 3>then we work around it. And so that's I'm excited

0:33:58.520 --> 0:34:01.400
<v Speaker 3>about that. So that's my boosty. But I know you

0:34:01.440 --> 0:34:03.320
<v Speaker 3>have a huge booze Managi.

0:34:04.640 --> 0:34:08.080
<v Speaker 2>Yeah, I'm very, very, very freakin proud. So y'all know

0:34:08.160 --> 0:34:11.320
<v Speaker 2>that I started my book proposal journey. That's past summer.

0:34:11.360 --> 0:34:14.439
<v Speaker 2>I started working with the book proposal coach because I think,

0:34:14.480 --> 0:34:17.319
<v Speaker 2>like a lot of journalists and writers, I always wanted

0:34:17.320 --> 0:34:20.319
<v Speaker 2>to write a book, but it was never happening, and

0:34:20.360 --> 0:34:22.720
<v Speaker 2>I realized I needed some accountability. So I started working

0:34:22.719 --> 0:34:25.080
<v Speaker 2>with this coach in June and at the same time

0:34:25.239 --> 0:34:30.200
<v Speaker 2>another coach for my Mandi money Maker's Academy, and doing

0:34:30.200 --> 0:34:33.320
<v Speaker 2>those two things at the same time made me really

0:34:33.320 --> 0:34:35.160
<v Speaker 2>pull back in my business so I could have more

0:34:35.200 --> 0:34:37.839
<v Speaker 2>space for that, and they worked and the like there

0:34:37.880 --> 0:34:41.080
<v Speaker 2>was a method to the madness. The coaching around the

0:34:41.120 --> 0:34:44.600
<v Speaker 2>Many money Maker's Academy was how can I create still

0:34:44.680 --> 0:34:46.719
<v Speaker 2>the same amount of value but less of a high

0:34:46.800 --> 0:34:49.520
<v Speaker 2>touch process or I wasn't so I wouldn't have to

0:34:49.520 --> 0:34:53.960
<v Speaker 2>show up live as often and reinvent the wheel every

0:34:53.960 --> 0:34:56.040
<v Speaker 2>time I had a new cohort. Basically, so how could

0:34:56.040 --> 0:34:59.480
<v Speaker 2>I create like on demand content and take everything I

0:34:59.480 --> 0:35:02.759
<v Speaker 2>had already done and just make it more automatic? And

0:35:02.880 --> 0:35:05.600
<v Speaker 2>that freed up time for me to focus on my

0:35:05.640 --> 0:35:09.080
<v Speaker 2>book proposal. So my book proposal I started working on.

0:35:09.160 --> 0:35:11.359
<v Speaker 2>I took a big break in September when I was

0:35:11.680 --> 0:35:14.560
<v Speaker 2>just free launching Mandy money Makers, and that went off successfully.

0:35:14.560 --> 0:35:17.360
<v Speaker 2>In then October I hit it again and I've done.

0:35:17.719 --> 0:35:22.120
<v Speaker 2>I've finished seventy pages of book purposes.

0:35:22.920 --> 0:35:25.160
<v Speaker 3>Yeah, I'm page girl.

0:35:25.600 --> 0:35:29.440
<v Speaker 2>That's a book. Yes, I felt like it. Seventy pages,

0:35:29.520 --> 0:35:32.840
<v Speaker 2>nine or ten chapters of the book. The working title

0:35:32.880 --> 0:35:37.200
<v Speaker 2>is quite your way rich, so right on brand. I

0:35:37.280 --> 0:35:40.560
<v Speaker 2>love it, Yes, and it feels exactly like it just

0:35:40.600 --> 0:35:43.800
<v Speaker 2>feels like what it just it's so cohesive with everything

0:35:43.840 --> 0:35:45.760
<v Speaker 2>that I've been doing the past two years in my business,

0:35:45.800 --> 0:35:48.120
<v Speaker 2>and it just makes sense and I do feel like

0:35:48.120 --> 0:35:53.800
<v Speaker 2>it's evergreen. And yeah, and even though yes, the pandemic

0:35:53.880 --> 0:35:56.839
<v Speaker 2>and the great resignation happened, I believe this is going

0:35:56.880 --> 0:35:58.520
<v Speaker 2>to be the kind of career book that can just

0:35:58.520 --> 0:36:01.960
<v Speaker 2>be a staple for any in their lives. But so

0:36:02.160 --> 0:36:04.239
<v Speaker 2>what happens now this is like a very big but

0:36:04.320 --> 0:36:07.200
<v Speaker 2>early stage book. Proposal is done. Now, I shop it

0:36:07.280 --> 0:36:10.840
<v Speaker 2>to find an agent, and when I find an agent,

0:36:10.960 --> 0:36:13.319
<v Speaker 2>they will then take it and sell it to a publisher.

0:36:13.800 --> 0:36:16.880
<v Speaker 2>So with Thanksgiving coming up, the clock is ticking. I

0:36:16.920 --> 0:36:18.719
<v Speaker 2>really want to have an agent before the holiday. I

0:36:18.719 --> 0:36:20.959
<v Speaker 2>don't know if that's realistic or not. My proposal coach

0:36:21.880 --> 0:36:24.520
<v Speaker 2>should be pitching people this week, but I hope it

0:36:24.520 --> 0:36:27.719
<v Speaker 2>finds a home and I'll keep you first. As ever,

0:36:27.880 --> 0:36:29.360
<v Speaker 2>let me tell you something about Mandy.

0:36:29.800 --> 0:36:33.120
<v Speaker 3>Hey. If she's nothing, she's ready. I because of how

0:36:33.160 --> 0:36:36.680
<v Speaker 3>I am. I said, let me see if this domain

0:36:36.800 --> 0:36:38.520
<v Speaker 3>quit you very rich is available because I'm going to talk.

0:36:38.560 --> 0:36:40.400
<v Speaker 3>One of the first things go gathering. I talk it

0:36:40.440 --> 0:36:43.000
<v Speaker 3>to my phone, quit youayrich dot com and I said,

0:36:43.040 --> 0:36:44.600
<v Speaker 3>oh man, it's take it. And then I see a

0:36:44.640 --> 0:36:48.640
<v Speaker 3>picture of this beautiful woman with these girls popping. Her

0:36:48.719 --> 0:36:51.839
<v Speaker 3>name is Mandy Witch of Santos and I was like, girl, Mandy,

0:36:51.840 --> 0:36:54.640
<v Speaker 3>you're playing with y'all. She was like, I love that

0:36:54.800 --> 0:36:56.719
<v Speaker 3>you grabbed that domain. I was like, well, she's a

0:36:56.840 --> 0:37:00.279
<v Speaker 3>saidate that people know she got that domain asent now,

0:37:00.400 --> 0:37:04.040
<v Speaker 3>But honestly, I am so happy for you and proud

0:37:04.040 --> 0:37:06.520
<v Speaker 3>of you, and I just can't wait to, you know,

0:37:06.960 --> 0:37:09.800
<v Speaker 3>watch your journey. Just make sure as you're writing the

0:37:09.840 --> 0:37:12.920
<v Speaker 3>book to keep in mind to save some reserves, because

0:37:12.920 --> 0:37:15.000
<v Speaker 3>I'm everyone says this, but it doesn't feel like it

0:37:15.000 --> 0:37:18.200
<v Speaker 3>because writing the book part is so hard that that's

0:37:18.239 --> 0:37:19.480
<v Speaker 3>easy compared to the marketing.

0:37:20.200 --> 0:37:21.440
<v Speaker 2>I'm the marketing.

0:37:21.440 --> 0:37:23.600
<v Speaker 3>I don't know, worry about it. We got you, but

0:37:23.719 --> 0:37:26.640
<v Speaker 3>I know you got me. I will, yes, But I'm

0:37:26.640 --> 0:37:29.399
<v Speaker 3>just saying that, like the book, I mean, the book

0:37:29.400 --> 0:37:31.960
<v Speaker 3>part obviously is very intense, and it is, but yeah,

0:37:32.440 --> 0:37:35.440
<v Speaker 3>you know, the marketing part is just I mean, I've

0:37:35.480 --> 0:37:36.960
<v Speaker 3>learned so many things, you know, I'm like and even

0:37:37.000 --> 0:37:39.800
<v Speaker 3>now literally because I have so many friends writing books

0:37:39.880 --> 0:37:41.840
<v Speaker 3>now that I just I am actually working on like

0:37:42.640 --> 0:37:45.880
<v Speaker 3>more easy to digest a checklists that I told you

0:37:46.040 --> 0:37:47.680
<v Speaker 3>many that I'll give because I gave you, like my

0:37:47.800 --> 0:37:51.080
<v Speaker 3>full seven month deep dive, and I'm like most a

0:37:51.080 --> 0:37:54.440
<v Speaker 3>lot of my friends are like this too, much, Like

0:37:55.040 --> 0:37:57.040
<v Speaker 3>maybe I could just get like a basic checklist, like

0:37:57.360 --> 0:38:02.239
<v Speaker 3>get their domain. Here's when you should start asking for reviews.

0:38:02.480 --> 0:38:04.880
<v Speaker 3>Did you know that reviews with pictures on Amazon are

0:38:04.920 --> 0:38:07.320
<v Speaker 3>prioritize reviews without pictures make sure you ask for you

0:38:07.320 --> 0:38:08.840
<v Speaker 3>see what I mean, So I want to get like

0:38:08.880 --> 0:38:12.040
<v Speaker 3>a checklist, so it'll, you know, for people who are

0:38:12.040 --> 0:38:13.840
<v Speaker 3>going to do the deep guy with my seven month

0:38:14.239 --> 0:38:16.759
<v Speaker 3>like kind of like layout, but also for folks who

0:38:16.800 --> 0:38:18.880
<v Speaker 3>are like not necessarily going to do all that, but

0:38:18.920 --> 0:38:22.800
<v Speaker 3>these little nuanced things that make all the difference. But yeah, no,

0:38:22.960 --> 0:38:25.719
<v Speaker 3>I'm I'm so proud of you because I know how

0:38:25.760 --> 0:38:28.840
<v Speaker 3>hard that is. And the fact that it's seventy pages,

0:38:28.920 --> 0:38:31.120
<v Speaker 3>I mean, that's such a I'm glad you did that

0:38:31.440 --> 0:38:36.800
<v Speaker 3>because one, it'll allow a potential publisher to know exactly

0:38:36.880 --> 0:38:39.759
<v Speaker 3>what they're getting, you know, because I'm not gonna lie

0:38:39.760 --> 0:38:41.600
<v Speaker 3>I didn't want to do because I forgot how many

0:38:41.640 --> 0:38:44.959
<v Speaker 3>pages my it was around seventy something like that. Something

0:38:45.000 --> 0:38:45.480
<v Speaker 3>crazy too.

0:38:45.520 --> 0:38:47.520
<v Speaker 2>Between fifteen hundred is like standard.

0:38:47.560 --> 0:38:49.920
<v Speaker 3>I think, yes, but I want to do like a

0:38:50.000 --> 0:38:52.680
<v Speaker 3>ten page And my agent, Heather, was like, you can

0:38:52.719 --> 0:38:55.480
<v Speaker 3>do that. But the issue with that is then the

0:38:55.480 --> 0:38:57.360
<v Speaker 3>publisher has to kind of guess what your book is

0:38:57.400 --> 0:39:01.400
<v Speaker 3>going to be about. And she said, the longer not

0:39:01.440 --> 0:39:03.960
<v Speaker 3>necessarily the length, but more in depth it is that

0:39:04.000 --> 0:39:06.000
<v Speaker 3>means you've already done the work of really mapping out

0:39:06.000 --> 0:39:08.360
<v Speaker 3>what you want to write, and so that helped a

0:39:08.400 --> 0:39:10.160
<v Speaker 3>lot because I don't really care about what the publisher

0:39:10.239 --> 0:39:12.000
<v Speaker 3>was going to think. But for me, it allowed me

0:39:12.040 --> 0:39:14.480
<v Speaker 3>to say, Tiffany, I was so clear about this is

0:39:14.480 --> 0:39:17.439
<v Speaker 3>the book I'm writing. And when you know, I finally

0:39:17.520 --> 0:39:21.080
<v Speaker 3>chose my publisher and they chose me Penguin. Nobody was

0:39:21.120 --> 0:39:22.880
<v Speaker 3>guessing what's the book going to be about. We were

0:39:22.920 --> 0:39:25.400
<v Speaker 3>all on the same page because they they bought it

0:39:25.480 --> 0:39:29.800
<v Speaker 3>based upon the you know, the proposal. So it's exciting.

0:39:29.920 --> 0:39:31.480
<v Speaker 3>Oh look look at me.

0:39:32.120 --> 0:39:34.200
<v Speaker 2>It's a good test too, because if you weren't excited

0:39:34.239 --> 0:39:36.400
<v Speaker 2>to write, if you couldn't get the proposal out of

0:39:36.440 --> 0:39:38.560
<v Speaker 2>your body. And like, I'm not opposed to anyone having

0:39:38.600 --> 0:39:44.000
<v Speaker 2>a ghostwriter or a developmental proposal like co creator. I

0:39:44.000 --> 0:39:46.920
<v Speaker 2>think collaborations great. But if I'm like, I'm going to

0:39:46.960 --> 0:39:49.080
<v Speaker 2>be sitting with this book for months and years because

0:39:49.080 --> 0:39:52.320
<v Speaker 2>that's how long it takes, I need to really want

0:39:52.480 --> 0:39:55.040
<v Speaker 2>to say this stuff and to feel passionate about it.

0:39:55.080 --> 0:39:58.760
<v Speaker 2>And I did. I felt that way. It was. It was, yeah,

0:39:58.880 --> 0:40:00.319
<v Speaker 2>it was. I'm not going to say it wasn't hard,

0:40:00.360 --> 0:40:02.080
<v Speaker 2>because you know, you have to make that commitment and

0:40:02.120 --> 0:40:05.759
<v Speaker 2>lots of early mornings before Rio woke up. But it

0:40:05.840 --> 0:40:08.000
<v Speaker 2>was all worth it, and my proposal coach is really

0:40:08.000 --> 0:40:10.279
<v Speaker 2>optimistic that I'll be able to get a deal. The

0:40:10.280 --> 0:40:13.400
<v Speaker 2>first I got to get an Asian it didn't happening.

0:40:13.400 --> 0:40:16.040
<v Speaker 3>The book is happening. It is because it's one, it's

0:40:16.040 --> 0:40:19.120
<v Speaker 3>super timely to your point, but it's also evergreen, which

0:40:19.120 --> 0:40:21.120
<v Speaker 3>is really awesome. I want to see you on the cover,

0:40:21.239 --> 0:40:22.600
<v Speaker 3>just so you know. I want to girls.

0:40:22.440 --> 0:40:25.799
<v Speaker 2>Popping really, Yes, I do that far ahead.

0:40:25.960 --> 0:40:27.600
<v Speaker 3>Yes I know, but I'm like, no, we need to

0:40:27.600 --> 0:40:29.200
<v Speaker 3>get more brown girls on the cover. They need to

0:40:29.239 --> 0:40:34.920
<v Speaker 3>go oh okay. I like, no, I want to go

0:40:34.960 --> 0:40:38.920
<v Speaker 3>to that Bars and Noble section and be like, oh, brown, brown, brown.

0:40:40.280 --> 0:40:43.560
<v Speaker 2>That was amazing, But yeah, it would be amazing. I

0:40:43.640 --> 0:40:45.800
<v Speaker 2>just want and I feel like y'all are invested in

0:40:45.840 --> 0:40:48.160
<v Speaker 2>the journey. Obviously Tiff has been invested in the journey.

0:40:48.440 --> 0:40:50.560
<v Speaker 2>Just want to do everybody proud. And I want to

0:40:50.560 --> 0:40:53.080
<v Speaker 2>write a book that fucking changes lives and it makes

0:40:53.080 --> 0:40:55.319
<v Speaker 2>people feel more empowered the same way than I do

0:40:55.400 --> 0:40:57.600
<v Speaker 2>my you know, everything that I do in my business.

0:40:57.640 --> 0:41:01.399
<v Speaker 2>So it feels good. Y'all send me some good, some

0:41:01.440 --> 0:41:02.040
<v Speaker 2>good big.

0:41:02.680 --> 0:41:05.080
<v Speaker 3>Book Buyer give Manny some goods, but I want you

0:41:05.080 --> 0:41:06.640
<v Speaker 3>to hit him on Twitter. I know she's not a

0:41:06.680 --> 0:41:10.160
<v Speaker 3>Twitter as much, but all the ful instagram on Twitter, Instagram,

0:41:10.200 --> 0:41:13.120
<v Speaker 3>all right, hit her up and just like you know,

0:41:13.160 --> 0:41:15.440
<v Speaker 3>send her DM and just be like, girl, you got this.

0:41:15.560 --> 0:41:19.760
<v Speaker 3>I can't wait. Yeah, I'm just super happy honestly because

0:41:20.080 --> 0:41:22.439
<v Speaker 3>it is like for me, it wasn't so much Barnes

0:41:22.480 --> 0:41:23.680
<v Speaker 3>and Nobles, but I was like, if I could see

0:41:23.719 --> 0:41:25.200
<v Speaker 3>my book in Target, because I like, I go to

0:41:25.239 --> 0:41:27.279
<v Speaker 3>Target all the time, and I still have to hit

0:41:27.320 --> 0:41:29.839
<v Speaker 3>me when I see it at Target, I'm like, I'm

0:41:29.840 --> 0:41:31.880
<v Speaker 3>in the place where I spend all my money and

0:41:32.000 --> 0:41:33.000
<v Speaker 3>I have to tell you, you know.

0:41:33.000 --> 0:41:34.879
<v Speaker 2>Like I told you my proposal coach has your book

0:41:34.920 --> 0:41:37.000
<v Speaker 2>in her background. And then also when she was showing

0:41:37.000 --> 0:41:39.600
<v Speaker 2>me there's like different steps in the process, and when

0:41:39.600 --> 0:41:42.520
<v Speaker 2>I was designing my book proposal, there's always a comparison,

0:41:42.600 --> 0:41:46.319
<v Speaker 2>a comparison, a comparison like a competitor analysis where you

0:41:46.360 --> 0:41:49.520
<v Speaker 2>look at the top five books. And I think the

0:41:49.560 --> 0:41:52.720
<v Speaker 2>three samples she showed me, they were they were like similar,

0:41:52.680 --> 0:41:55.080
<v Speaker 2>they were there were financial books and Good with Money

0:41:55.160 --> 0:41:57.239
<v Speaker 2>was right there at the top, like this is the bar,

0:41:58.480 --> 0:42:02.160
<v Speaker 2>this is proof because it's proof that financial books by

0:42:02.160 --> 0:42:05.080
<v Speaker 2>women of color can do great, you know. So I

0:42:05.120 --> 0:42:07.239
<v Speaker 2>love seeing that. For sure, it wasn't on my list

0:42:07.239 --> 0:42:10.880
<v Speaker 2>because it ain't about money. But yeah, but it is

0:42:10.960 --> 0:42:12.799
<v Speaker 2>like it is the bar. Now you are at the bar.

0:42:13.280 --> 0:42:14.719
<v Speaker 2>Oh bitch, you're at the bar.

0:42:17.440 --> 0:42:20.040
<v Speaker 3>I was just listening to that girl I don't know

0:42:21.239 --> 0:42:23.600
<v Speaker 3>with plastic on couch. But I'm just so like, that's

0:42:23.640 --> 0:42:26.160
<v Speaker 3>I mean, I've always loved it, but just recently, I'm

0:42:26.200 --> 0:42:27.239
<v Speaker 3>just like I was.

0:42:28.239 --> 0:42:30.920
<v Speaker 2>Besides this season, That's why I don't know, what are

0:42:30.920 --> 0:42:33.360
<v Speaker 2>you trying to say, romantical?

0:42:36.400 --> 0:42:39.680
<v Speaker 3>Oh my gosh. But yeah, so it's just I'm just excited.

0:42:39.680 --> 0:42:42.360
<v Speaker 3>So it's like this new I just love what we

0:42:42.400 --> 0:42:46.200
<v Speaker 3>get to do, you know, that we get to do, like,

0:42:46.400 --> 0:42:48.680
<v Speaker 3>you know, pouring to the people that we care about,

0:42:48.760 --> 0:42:52.000
<v Speaker 3>our audience in so many different ways, you know, from

0:42:52.040 --> 0:42:55.919
<v Speaker 3>the podcast or individual businesses, the books. You know. It's

0:42:56.040 --> 0:42:59.520
<v Speaker 3>just I don't know that professionally it gets better than

0:42:59.520 --> 0:43:02.080
<v Speaker 3>this because everyone can't say that they can see the

0:43:02.080 --> 0:43:04.960
<v Speaker 3>direct correlation of what they do and the people that

0:43:04.960 --> 0:43:07.359
<v Speaker 3>they're serving, you know, and so we get to say

0:43:07.360 --> 0:43:09.920
<v Speaker 3>that that's this is why I became why I was

0:43:09.920 --> 0:43:12.680
<v Speaker 3>a school teacher because selfishly, I was like, I want

0:43:12.680 --> 0:43:15.480
<v Speaker 3>to see my work, you know, and I love the

0:43:15.480 --> 0:43:17.600
<v Speaker 3>fact that I'm like, oh my gosh, Rio can read

0:43:17.640 --> 0:43:21.120
<v Speaker 3>because I taught him, you know, and so like what

0:43:21.160 --> 0:43:23.479
<v Speaker 3>we do here, it's like, wow, look how many people

0:43:23.520 --> 0:43:26.200
<v Speaker 3>we get to help instantly, Like someone's going to listen

0:43:26.200 --> 0:43:29.000
<v Speaker 3>to this and be like because of you, guys, dot

0:43:29.040 --> 0:43:31.319
<v Speaker 3>dot dot dot dot, you know. So just you know,

0:43:31.560 --> 0:43:34.200
<v Speaker 3>I'm just proud of you, Mandy, because I know there

0:43:34.239 --> 0:43:36.360
<v Speaker 3>was a little touch and go in the beginning. You're like,

0:43:36.400 --> 0:43:38.759
<v Speaker 3>what now, look they're lost.

0:43:41.080 --> 0:43:44.000
<v Speaker 2>I know I'll never forget. I'll never forget that that

0:43:44.080 --> 0:43:46.319
<v Speaker 2>pivot for me and what happened and how you were

0:43:46.320 --> 0:43:50.040
<v Speaker 2>there to lift me back up. It'll it'll always be

0:43:50.120 --> 0:43:51.560
<v Speaker 2>one of the reasons I love you the most.

0:43:51.680 --> 0:43:54.839
<v Speaker 3>But oh insane, Mandy, same yeah, all right, we don't

0:43:54.880 --> 0:43:56.839
<v Speaker 3>let me just start crying anyway.

0:43:56.880 --> 0:43:58.640
<v Speaker 2>Wait, I was just about to say the podcast network,

0:43:58.680 --> 0:44:01.560
<v Speaker 2>y'all listen, Tiffany's not availed will March what was it?

0:44:01.600 --> 0:44:04.759
<v Speaker 3>March August? What am I gonna do? No, no, no,

0:44:04.800 --> 0:44:06.560
<v Speaker 3>We're gonna figure it out, like even by pre tape

0:44:06.560 --> 0:44:08.200
<v Speaker 3>some stuff. We gotta figure it out or even if

0:44:08.239 --> 0:44:10.440
<v Speaker 3>I say, because it's my first year doing it, like

0:44:10.680 --> 0:44:12.560
<v Speaker 3>I'll do two episodes, you know what I mean, I'm

0:44:12.560 --> 0:44:14.879
<v Speaker 3>gonna We're gonna figure it out. But I just said,

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<v Speaker 3>let me say it and then then adjust to it.

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<v Speaker 5>You know.

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<v Speaker 2>Oh yeah, we're very nimble. We got it.

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<v Speaker 3>So don't worry. If you're like I want more, there

0:44:24.480 --> 0:44:26.440
<v Speaker 3>is more. You already know. We Every Friday we have

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<v Speaker 3>the b a QA where if you have questions, we

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<v Speaker 3>have some answers, and so we'll see you on Friday.

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<v Speaker 2>B a q A Hey.

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<v Speaker 4>By y'all, Hey ba fam. We could not do this

0:44:40.160 --> 0:44:42.799
<v Speaker 4>show without your support or the support of our team

0:44:42.840 --> 0:44:46.160
<v Speaker 4>behind the scenes. The Brown Emission podcast is produced by

0:44:46.200 --> 0:44:50.400
<v Speaker 4>Cumulus Podcast Network. It's edited by the wonderful Emani Crosby

0:44:50.520 --> 0:44:54.000
<v Speaker 4>and produced by Tanya Bustos. Dennis Stimplinsky is our in

0:44:54.120 --> 0:44:58.000
<v Speaker 4>house techduru, and I am Bandy Woodrif Santos your co host,

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<v Speaker 4>and I will see y'all next week.

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<v Speaker 2>B