1 00:00:06,120 --> 00:00:09,600 Speaker 1: Aba, fam, It's time for the b a q A, 2 00:00:10,200 --> 00:00:14,239 Speaker 1: the v a qa A, the v a qa. What's up? 3 00:00:14,320 --> 00:00:18,240 Speaker 1: I'm Mandy Money. I powered through that song just for y'all. 4 00:00:18,280 --> 00:00:21,000 Speaker 1: You know, I hate singing without Tiffany being here, but 5 00:00:21,760 --> 00:00:24,360 Speaker 1: I am so honored and happy to be here to 6 00:00:24,400 --> 00:00:27,319 Speaker 1: answer y'all's career questions on this week's ba Q and 7 00:00:27,360 --> 00:00:29,720 Speaker 1: A just a little you know, I like to say, 8 00:00:29,760 --> 00:00:31,600 Speaker 1: get your salt shakers out. This is a part of 9 00:00:31,600 --> 00:00:33,880 Speaker 1: the show where I tell y'all who I'm not. Y'all 10 00:00:33,880 --> 00:00:36,080 Speaker 1: know who I am, but I am not your financial advisor. 11 00:00:36,800 --> 00:00:39,199 Speaker 1: I am not unless you have a contract with me 12 00:00:39,280 --> 00:00:42,040 Speaker 1: your career coach. I am not an accountant or an 13 00:00:42,080 --> 00:00:44,680 Speaker 1: attorney or any of those incredible things. I am just 14 00:00:44,800 --> 00:00:48,000 Speaker 1: a smart chica with a career coaching business who's talked 15 00:00:48,000 --> 00:00:50,320 Speaker 1: to hundreds of women and had a stellar career of 16 00:00:50,360 --> 00:00:52,520 Speaker 1: my own. So I know a thing or two about 17 00:00:52,520 --> 00:00:55,360 Speaker 1: helping y'all achieve your wildest career ambitions. All right, So 18 00:00:55,440 --> 00:00:58,720 Speaker 1: that's why I'm here today to take y'all's ba questions 19 00:00:58,800 --> 00:01:01,320 Speaker 1: about your career. If y'all want to submit a question 20 00:01:01,360 --> 00:01:03,279 Speaker 1: for the show, you know what to do. Head over 21 00:01:03,360 --> 00:01:06,520 Speaker 1: to ig follow us at Brand Ambition Podcast, and then 22 00:01:06,560 --> 00:01:09,320 Speaker 1: slide into our DMS. You can type out your question 23 00:01:09,400 --> 00:01:10,840 Speaker 1: if you want it to have it read on the 24 00:01:10,880 --> 00:01:13,440 Speaker 1: show old school style. But if you want a shot 25 00:01:13,480 --> 00:01:16,400 Speaker 1: at actually appearing live with us in the studio and 26 00:01:16,440 --> 00:01:19,959 Speaker 1: having your questions answered live, submit a voice message with 27 00:01:20,080 --> 00:01:22,520 Speaker 1: your question, and who knows, you could be selected by 28 00:01:22,560 --> 00:01:25,680 Speaker 1: our producer to join us in the stude. But I'm 29 00:01:25,680 --> 00:01:27,600 Speaker 1: going to be reading some questions the old fashioned way 30 00:01:27,680 --> 00:01:30,800 Speaker 1: today and these are some real, real juicy ones. I'm 31 00:01:30,800 --> 00:01:32,880 Speaker 1: talking about, Ooh, I work for my mom and I 32 00:01:32,959 --> 00:01:36,560 Speaker 1: kind of want to quit. I'm talking about Ooh, I'm 33 00:01:36,640 --> 00:01:39,080 Speaker 1: kind of running out of options for my business is 34 00:01:39,120 --> 00:01:42,039 Speaker 1: growing too fast. Let's get into it. Our first question 35 00:01:42,160 --> 00:01:45,480 Speaker 1: comes from I'm still laughing at this and thank y'all 36 00:01:45,520 --> 00:01:47,720 Speaker 1: for anyone who comes up with your own pseudonym. Thank you. 37 00:01:48,720 --> 00:01:50,360 Speaker 1: This one comes from listener who would like to be 38 00:01:50,400 --> 00:01:54,960 Speaker 1: called stuck Bones and Harmony. All right, Stuck Bones and 39 00:01:55,000 --> 00:01:57,680 Speaker 1: Harmony says, I am a longtime listener of the podcast, 40 00:01:57,680 --> 00:01:59,600 Speaker 1: and I love the advice y'all give. You're both like 41 00:01:59,680 --> 00:02:02,640 Speaker 1: sisters in my head. I'm writing you today because I 42 00:02:02,680 --> 00:02:05,160 Speaker 1: am stuck at a career crossroads, and I don't know 43 00:02:05,160 --> 00:02:07,240 Speaker 1: what to do. I'm a single mom in my early 44 00:02:07,280 --> 00:02:09,919 Speaker 1: thirties and I work as a director of a child 45 00:02:10,000 --> 00:02:12,600 Speaker 1: care center for my mom. My mom has owned the 46 00:02:12,639 --> 00:02:16,120 Speaker 1: center for almost thirty years, and although she often talks 47 00:02:16,160 --> 00:02:19,280 Speaker 1: about retiring and tells me I would be the successor, 48 00:02:20,040 --> 00:02:21,840 Speaker 1: I don't know when it's going to happen. She's been 49 00:02:21,840 --> 00:02:24,839 Speaker 1: talking about retiring for years now and never actually pull 50 00:02:24,880 --> 00:02:28,000 Speaker 1: the trigger. And even then, when she retires, her plan, 51 00:02:28,160 --> 00:02:30,120 Speaker 1: she says, is to work from home and come in 52 00:02:30,160 --> 00:02:33,120 Speaker 1: when she wants to. My issue is that I only 53 00:02:33,160 --> 00:02:35,519 Speaker 1: make twenty four thousand dollars and I know I have 54 00:02:35,600 --> 00:02:38,120 Speaker 1: the potential to make up to forty K, but I 55 00:02:38,160 --> 00:02:40,160 Speaker 1: feel like that's not enough for me. I live in 56 00:02:40,200 --> 00:02:42,160 Speaker 1: a one bedroom apartment and I want to move to 57 00:02:42,200 --> 00:02:44,560 Speaker 1: the suburbs and buy a house. I want a more 58 00:02:44,600 --> 00:02:47,160 Speaker 1: affordable lifestyle for my son, and I feel like if 59 00:02:47,200 --> 00:02:49,600 Speaker 1: I continue to work for my mom, I have to 60 00:02:49,639 --> 00:02:51,800 Speaker 1: play the long game until I can actually afford the 61 00:02:51,840 --> 00:02:54,799 Speaker 1: lifestyle I want. But I just don't know when that'll happen, 62 00:02:54,840 --> 00:02:58,200 Speaker 1: and it's not helping me now. Life is expensive, period, 63 00:02:58,680 --> 00:03:00,960 Speaker 1: and I want more a house and I want a 64 00:03:00,960 --> 00:03:03,160 Speaker 1: new car, but it's too hard to save on a 65 00:03:03,200 --> 00:03:06,360 Speaker 1: twenty four k salary. So my question is should I 66 00:03:06,400 --> 00:03:08,359 Speaker 1: continue to work for my mom and play the long 67 00:03:08,400 --> 00:03:11,760 Speaker 1: game for legacy reasons, or should I look to work 68 00:03:11,800 --> 00:03:15,120 Speaker 1: for a company that pays more. I would like to 69 00:03:15,120 --> 00:03:17,200 Speaker 1: be in the project management field. I have a side 70 00:03:17,240 --> 00:03:19,840 Speaker 1: business and event planning, but the money is very up 71 00:03:19,919 --> 00:03:21,800 Speaker 1: and down and I don't want to fully depend on 72 00:03:21,880 --> 00:03:24,760 Speaker 1: that income. I've never wanted to be a teacher, but 73 00:03:24,760 --> 00:03:26,639 Speaker 1: I'm a hard worker and I'm good at what I do. 74 00:03:26,919 --> 00:03:28,840 Speaker 1: So if I leave, I know my mom is going 75 00:03:28,880 --> 00:03:32,600 Speaker 1: to have a hard time replacing me. Help signed stuck 76 00:03:32,639 --> 00:03:35,920 Speaker 1: Bones and harmony. Okay, stuck bone the harmony, I'm gonna 77 00:03:35,960 --> 00:03:42,160 Speaker 1: just call you bones. Okay. Oh listen, where do I start? 78 00:03:42,720 --> 00:03:45,240 Speaker 1: All right? So let's just remove the fact that she's 79 00:03:45,240 --> 00:03:47,520 Speaker 1: your mom for a second, if you can just humor me. 80 00:03:47,640 --> 00:03:49,720 Speaker 1: I know it's impossible, because like she gave birth to 81 00:03:49,760 --> 00:03:53,400 Speaker 1: you and all that, but let's imagine she was just 82 00:03:53,520 --> 00:03:57,200 Speaker 1: a regular boss. Would you stay there if she weren't 83 00:03:57,240 --> 00:04:00,640 Speaker 1: your mom? I think the answer is glaringly obvious. No. 84 00:04:00,920 --> 00:04:03,480 Speaker 1: You would be out of there so fast because you 85 00:04:03,520 --> 00:04:06,240 Speaker 1: see your potential to make more and you don't even 86 00:04:06,280 --> 00:04:09,280 Speaker 1: really necessarily like what you're doing. So I would just say, 87 00:04:09,960 --> 00:04:12,640 Speaker 1: be true to yourself. And if you're worried about your 88 00:04:12,640 --> 00:04:15,320 Speaker 1: mom having to replace you, she's run a daycare center 89 00:04:15,360 --> 00:04:18,400 Speaker 1: for thirty years. How many other people over those thirty 90 00:04:18,440 --> 00:04:22,000 Speaker 1: years have quit and had the daycare center closed? Has 91 00:04:22,080 --> 00:04:26,479 Speaker 1: she had to shut things down? No, she probably knows 92 00:04:26,560 --> 00:04:28,920 Speaker 1: how to find a replacement, you know, and maybe it'll 93 00:04:28,960 --> 00:04:30,880 Speaker 1: take her a little while, but you could give her 94 00:04:30,880 --> 00:04:34,520 Speaker 1: a nice notice, you could offer to help find a replacement. 95 00:04:35,200 --> 00:04:38,040 Speaker 1: But I think that you need to stay true to yourself. 96 00:04:38,040 --> 00:04:40,279 Speaker 1: You're so young, you know, in your thirties are a 97 00:04:40,320 --> 00:04:44,680 Speaker 1: really crucial time in your career where you're especially if 98 00:04:44,680 --> 00:04:47,320 Speaker 1: you're pivoting. It's a cool opportunity to make a pivot 99 00:04:47,320 --> 00:04:50,920 Speaker 1: in a new direction. You're a single mom with a 100 00:04:50,960 --> 00:04:53,400 Speaker 1: family to support of your own, and you have your 101 00:04:53,400 --> 00:04:55,520 Speaker 1: own ambitions and goals the same way that your mom 102 00:04:55,520 --> 00:04:58,360 Speaker 1: did when she decided to launch a child care center. 103 00:04:58,800 --> 00:05:02,080 Speaker 1: So I think that she'll one hundred percent understand now. 104 00:05:02,080 --> 00:05:04,960 Speaker 1: She may not feel excited about it, she may not 105 00:05:05,040 --> 00:05:07,200 Speaker 1: be jumping up and down that her daughter is leaving 106 00:05:07,240 --> 00:05:10,640 Speaker 1: the daycare center. But I do think deep down, eventually 107 00:05:10,680 --> 00:05:13,000 Speaker 1: she'll come around to the fact that, Okay, I'm going 108 00:05:13,080 --> 00:05:15,920 Speaker 1: to respect my daughter's choices because she is her own 109 00:05:16,000 --> 00:05:17,919 Speaker 1: person and she has her own goals for her future, 110 00:05:18,160 --> 00:05:20,560 Speaker 1: right And I'm and if you explain to her what 111 00:05:20,600 --> 00:05:24,360 Speaker 1: you want, maybe she'll even support you more because twenty 112 00:05:24,360 --> 00:05:26,520 Speaker 1: four K I'm like, where can you live on that 113 00:05:26,640 --> 00:05:30,080 Speaker 1: kind of what? That's not much at all? And I'm 114 00:05:30,120 --> 00:05:32,000 Speaker 1: just like, this also proves that just because you work 115 00:05:32,040 --> 00:05:34,720 Speaker 1: for your family doesn't mean they're going to pay you more. Okay, 116 00:05:35,320 --> 00:05:38,120 Speaker 1: I'm like, can she give you a raise? So I 117 00:05:38,160 --> 00:05:40,320 Speaker 1: think if you tell her you're ready to step away 118 00:05:40,440 --> 00:05:43,440 Speaker 1: you want to pursue your own goals, or maybe you've 119 00:05:43,440 --> 00:05:45,360 Speaker 1: already found a job offer and you want to take it, 120 00:05:45,480 --> 00:05:47,320 Speaker 1: you need to give her, you know, your notice or 121 00:05:47,360 --> 00:05:50,680 Speaker 1: whatnot that she will ultimately understand and then she can 122 00:05:50,720 --> 00:05:53,039 Speaker 1: do what any other employer would do. She can decide 123 00:05:53,040 --> 00:05:55,120 Speaker 1: to try to fight for you and maybe give you 124 00:05:55,160 --> 00:05:57,839 Speaker 1: a raise, or she can say I understand and you know, 125 00:05:58,480 --> 00:06:02,880 Speaker 1: we'll part ways. Back to the legacy piece, I'm wondering 126 00:06:03,320 --> 00:06:05,320 Speaker 1: if do you have to work there in order to 127 00:06:05,360 --> 00:06:09,320 Speaker 1: inherit the daycare center. I mean, is that necessary? I 128 00:06:09,360 --> 00:06:11,400 Speaker 1: don't feel like it is. If she really wants to 129 00:06:11,480 --> 00:06:14,000 Speaker 1: leave the daycare center to you, she can still do 130 00:06:14,080 --> 00:06:16,839 Speaker 1: that when she retires. But right now you're like this, 131 00:06:17,040 --> 00:06:19,200 Speaker 1: like you're letting her kind of treat you like a 132 00:06:19,800 --> 00:06:22,960 Speaker 1: pawn on a game board that she's in control of, 133 00:06:23,440 --> 00:06:26,680 Speaker 1: and she's like using you and placing you as like 134 00:06:26,800 --> 00:06:31,120 Speaker 1: her own strategy for walking away. Oh, just you know, 135 00:06:31,160 --> 00:06:33,479 Speaker 1: I got my daughter here, and when I'm ready, she'll 136 00:06:33,520 --> 00:06:36,640 Speaker 1: take it. She'll take over. And I would argue that 137 00:06:36,760 --> 00:06:38,560 Speaker 1: maybe your mom is even using like a little bit 138 00:06:38,560 --> 00:06:41,360 Speaker 1: of a crutch to stop her from looking really carefully 139 00:06:41,680 --> 00:06:43,599 Speaker 1: at how she runs her business and making sure that 140 00:06:43,600 --> 00:06:46,480 Speaker 1: she has a true succession plan in place, because right 141 00:06:46,480 --> 00:06:49,159 Speaker 1: now she's relying on you. You're her entire succession plan. But 142 00:06:49,200 --> 00:06:51,120 Speaker 1: it takes so much more than just having that one 143 00:06:51,160 --> 00:06:55,120 Speaker 1: person to hand over a whole business, Like how do 144 00:06:55,240 --> 00:06:58,600 Speaker 1: things happen at this daycare center? How does hiring? How 145 00:06:58,600 --> 00:07:01,320 Speaker 1: does staffing? What about regulars you have to file and comply, 146 00:07:01,680 --> 00:07:04,599 Speaker 1: have to comply with and you know other compliance concerns. 147 00:07:05,080 --> 00:07:07,359 Speaker 1: I mean, just seeing what goes on for my son's 148 00:07:07,440 --> 00:07:09,279 Speaker 1: daycare I'm just like, this is this is a whole 149 00:07:09,640 --> 00:07:13,680 Speaker 1: frickin corporation in and of itself. It's very complex, and 150 00:07:13,960 --> 00:07:17,200 Speaker 1: any good leader of any business should have a true, 151 00:07:18,320 --> 00:07:23,400 Speaker 1: ironclad succession plan that shouldn't revolve around the only plan 152 00:07:23,480 --> 00:07:25,440 Speaker 1: being I'm just going to give it to my daughter 153 00:07:26,000 --> 00:07:29,880 Speaker 1: what I think at the at a bare minimum, you 154 00:07:29,960 --> 00:07:32,920 Speaker 1: leaving the daycare center will force her to really do 155 00:07:33,080 --> 00:07:35,800 Speaker 1: the good work, the important work of coming up with 156 00:07:35,840 --> 00:07:39,440 Speaker 1: the real long term succession plan and listen, she should 157 00:07:39,440 --> 00:07:41,840 Speaker 1: also know that she can't count on you to take 158 00:07:41,880 --> 00:07:44,600 Speaker 1: over the whole daycare center, like if you leave and 159 00:07:44,640 --> 00:07:46,880 Speaker 1: brek on your own path, which I really am rooting 160 00:07:46,880 --> 00:07:48,920 Speaker 1: for you to do because you're so young, and why 161 00:07:48,960 --> 00:07:50,800 Speaker 1: do something you don't want to do just because you're 162 00:07:50,840 --> 00:07:52,680 Speaker 1: good at it, Like life's too short. Do the thing 163 00:07:52,680 --> 00:07:55,400 Speaker 1: you want to do. You say that your event planning 164 00:07:55,400 --> 00:07:57,520 Speaker 1: business hasn't really taken off, Well, I would guess it's 165 00:07:57,560 --> 00:07:59,600 Speaker 1: because between the hours and nine to five you're owned 166 00:07:59,600 --> 00:08:02,280 Speaker 1: by that day center. Imagine how much more you could 167 00:08:02,360 --> 00:08:03,880 Speaker 1: invest in it if you were doing it on your 168 00:08:03,920 --> 00:08:07,880 Speaker 1: own right. But I will say, like, if your mom 169 00:08:08,000 --> 00:08:10,640 Speaker 1: really wants to pass the business down to you, having 170 00:08:10,680 --> 00:08:12,880 Speaker 1: a frank conversation about what you want that to look 171 00:08:12,920 --> 00:08:15,760 Speaker 1: like is important too. So maybe she could pass on, 172 00:08:16,000 --> 00:08:18,160 Speaker 1: you know, ownership to you. But do you want to 173 00:08:18,200 --> 00:08:20,320 Speaker 1: run that daycare center when your mom leaves? Like it 174 00:08:20,360 --> 00:08:22,600 Speaker 1: doesn't sound like you do at all. Would you be 175 00:08:22,640 --> 00:08:25,560 Speaker 1: doing it just for the money? You know? I think 176 00:08:25,600 --> 00:08:29,200 Speaker 1: a true succession plan would point out maybe you have ownership, 177 00:08:29,520 --> 00:08:32,680 Speaker 1: but that you're able to hire a new director to 178 00:08:32,760 --> 00:08:34,240 Speaker 1: come in and you know, play the role that your 179 00:08:34,240 --> 00:08:36,839 Speaker 1: mom is playing now and start to pass that off 180 00:08:36,880 --> 00:08:38,800 Speaker 1: and you can still have ownership and you can still 181 00:08:38,800 --> 00:08:41,040 Speaker 1: be a part of it and contribute, but you don't 182 00:08:41,040 --> 00:08:43,680 Speaker 1: have to be there, you know, twenty four seven running 183 00:08:43,679 --> 00:08:45,640 Speaker 1: the show, especially if it's not what you want to 184 00:08:45,679 --> 00:08:50,120 Speaker 1: do and it's not what you want for your family. Okay, Now, 185 00:08:50,120 --> 00:08:52,119 Speaker 1: I'm not saying it's going to be a fun conversation 186 00:08:52,240 --> 00:08:54,720 Speaker 1: to have, and lord knows, the holidays you're coming up, 187 00:08:54,720 --> 00:08:57,240 Speaker 1: and it's hard enough talking about this stuff with your family. 188 00:08:57,920 --> 00:08:59,880 Speaker 1: But I think that this is one of those things 189 00:09:00,000 --> 00:09:03,079 Speaker 1: where you want to have the conversation sooner than later 190 00:09:03,320 --> 00:09:05,120 Speaker 1: so that she can get it into her head that 191 00:09:05,200 --> 00:09:07,240 Speaker 1: she can't rely on you the way that she thought 192 00:09:07,280 --> 00:09:11,280 Speaker 1: you did to succeed her and to make her retirement 193 00:09:11,360 --> 00:09:15,040 Speaker 1: plan work out smoothly, because even though it makes her 194 00:09:15,120 --> 00:09:17,480 Speaker 1: life easier, it's going to make your life more challenging. 195 00:09:17,520 --> 00:09:19,920 Speaker 1: And I think at the end of the day, as parents, 196 00:09:20,240 --> 00:09:23,079 Speaker 1: we want our kids to pursue their own paths and 197 00:09:23,120 --> 00:09:25,559 Speaker 1: not feel, you know, not to like pick up where 198 00:09:25,559 --> 00:09:27,920 Speaker 1: we left off out of a sense of obligation. I'm 199 00:09:27,920 --> 00:09:30,360 Speaker 1: just saying what I feel as a mom. Your mom 200 00:09:30,400 --> 00:09:32,680 Speaker 1: may be different. I know it can be dicey, but 201 00:09:32,840 --> 00:09:37,080 Speaker 1: for your own sake, have the tough conversations now so 202 00:09:37,120 --> 00:09:39,640 Speaker 1: that you can start planning your new path forward, and 203 00:09:39,679 --> 00:09:43,720 Speaker 1: so can she. All right, stock Bones and Harmony, Thank 204 00:09:43,800 --> 00:09:46,360 Speaker 1: you for your question. Let me take a quick break, 205 00:09:46,520 --> 00:09:49,000 Speaker 1: get some water. I'll be right back with y'all with 206 00:09:49,040 --> 00:09:54,880 Speaker 1: more baqa ib a fam. I'm back. I've got to 207 00:09:54,920 --> 00:09:57,240 Speaker 1: do something. Don't tell Tiffany. I'm going to take a 208 00:09:57,280 --> 00:10:00,959 Speaker 1: business question. Yes, I don't tell Tiffany. I'm doing without her, 209 00:10:01,040 --> 00:10:04,160 Speaker 1: but I want to. I want to take this business 210 00:10:04,240 --> 00:10:07,000 Speaker 1: question because I honestly have been thinking about this for 211 00:10:07,120 --> 00:10:09,760 Speaker 1: my own business as well, and I think it's a 212 00:10:09,840 --> 00:10:12,720 Speaker 1: common problem and it's a good problem to have. And 213 00:10:12,760 --> 00:10:15,200 Speaker 1: I'm excited. So if you don't tell Tiffany, I won't 214 00:10:15,240 --> 00:10:18,400 Speaker 1: tell this. Okay, Okay, let's do it. This question comes 215 00:10:18,400 --> 00:10:20,760 Speaker 1: from listener who wants to be called just Elle. I 216 00:10:20,920 --> 00:10:24,120 Speaker 1: like to keep it simple, Elle says, Hey, Mandy and Tiffany. 217 00:10:24,160 --> 00:10:26,439 Speaker 1: I am a private music teacher who teaches one on 218 00:10:26,440 --> 00:10:29,600 Speaker 1: one sessions, and I'm running into the problem of having 219 00:10:29,640 --> 00:10:32,800 Speaker 1: an overflowing client wait list. I'm not sure if I'm 220 00:10:32,800 --> 00:10:36,160 Speaker 1: ready to expand my business yet, like hiring another teacher 221 00:10:36,280 --> 00:10:39,640 Speaker 1: or offering more class formats. I do offer camps and 222 00:10:39,679 --> 00:10:42,400 Speaker 1: workshops in the winter and summer, but I don't teach 223 00:10:42,400 --> 00:10:46,000 Speaker 1: any group sessions during the regular school year. I'm satisfied 224 00:10:46,040 --> 00:10:49,000 Speaker 1: with my financial situation for now. There might be potential 225 00:10:49,040 --> 00:10:51,080 Speaker 1: to grow the business in the future, but I'm not 226 00:10:51,240 --> 00:10:53,840 Speaker 1: mentally or emotionally ready to take on that kind of 227 00:10:53,880 --> 00:10:57,000 Speaker 1: responsibility for now. So my current problem is that I'm 228 00:10:57,080 --> 00:11:00,800 Speaker 1: overwhelmed and it feels unethical to keep protect clients on 229 00:11:00,840 --> 00:11:03,439 Speaker 1: a waitlist for a long time. I really want to 230 00:11:03,480 --> 00:11:05,720 Speaker 1: serve them too, but I simply don't have the time. 231 00:11:06,000 --> 00:11:10,439 Speaker 1: So my options are oh so, my questions are one, 232 00:11:10,679 --> 00:11:13,120 Speaker 1: how long is too long to keep potential clients on 233 00:11:13,160 --> 00:11:15,839 Speaker 1: a weight list. Of course, it varies in different industries, 234 00:11:15,840 --> 00:11:18,160 Speaker 1: but in your opinions and in your own business practices, 235 00:11:18,640 --> 00:11:21,319 Speaker 1: how do you determine an unethical How do you determine 236 00:11:21,360 --> 00:11:25,760 Speaker 1: an ethical waiting period for your potential clients? Number two? 237 00:11:26,320 --> 00:11:28,800 Speaker 1: If I keep shutting my door on potential clients and 238 00:11:28,880 --> 00:11:31,440 Speaker 1: refer them to other people, how can I be sure 239 00:11:31,480 --> 00:11:34,280 Speaker 1: I'm not cutting out business growth for myself when I 240 00:11:34,360 --> 00:11:37,200 Speaker 1: do decide to expand in the future. Thank you for 241 00:11:37,240 --> 00:11:40,120 Speaker 1: your consideration. Whoof Okay, this is good, So let me 242 00:11:40,160 --> 00:11:42,199 Speaker 1: go to number one. How long is too long to 243 00:11:42,280 --> 00:11:45,480 Speaker 1: keep potential clients on a wait list? Well, I know 244 00:11:45,559 --> 00:11:47,560 Speaker 1: you can't see me unless you're watching on YouTube, but 245 00:11:47,640 --> 00:11:50,720 Speaker 1: listen the hair on my head when I tell you 246 00:11:50,760 --> 00:11:52,400 Speaker 1: how long I've had to wait to get my hair 247 00:11:52,480 --> 00:11:55,240 Speaker 1: done sometimes because I go to a specific hair personal 248 00:11:55,280 --> 00:11:57,679 Speaker 1: release I used to in the city pre COVID, and 249 00:11:57,920 --> 00:12:00,600 Speaker 1: I would have to not just wait for a weight list, 250 00:12:00,640 --> 00:12:02,480 Speaker 1: but I would have to market on my calendar for 251 00:12:02,520 --> 00:12:06,439 Speaker 1: when she actually opened up seats, actually opened up appointments 252 00:12:06,440 --> 00:12:08,800 Speaker 1: because she was so in demand that she'd only open 253 00:12:08,840 --> 00:12:11,360 Speaker 1: them up a month at a time, so to book 254 00:12:11,400 --> 00:12:14,959 Speaker 1: in December, like maybe the waitlist or maybe the booking 255 00:12:15,000 --> 00:12:17,640 Speaker 1: calendar would open for like twenty four hours today in 256 00:12:17,640 --> 00:12:20,120 Speaker 1: the middle of November when I'm recording the show, and 257 00:12:20,160 --> 00:12:22,600 Speaker 1: then I had to scramble to hope I got an appointment. 258 00:12:22,679 --> 00:12:25,080 Speaker 1: It was stressful, af but I was willing to do 259 00:12:25,160 --> 00:12:27,319 Speaker 1: that because I knew she was the best right or 260 00:12:27,320 --> 00:12:30,520 Speaker 1: at least the best at the time. So there's really 261 00:12:30,559 --> 00:12:34,080 Speaker 1: no like short and quick way to come up with 262 00:12:34,160 --> 00:12:36,920 Speaker 1: what's an ethical And this idea of it either being 263 00:12:36,920 --> 00:12:39,720 Speaker 1: ethical or unethical, I think is almost like a false question, 264 00:12:39,800 --> 00:12:44,160 Speaker 1: because it's not unethical to only have a number limited 265 00:12:44,240 --> 00:12:46,680 Speaker 1: number of hours in the day and to not be 266 00:12:46,800 --> 00:12:50,199 Speaker 1: able to see everyone who needs your services. I also, 267 00:12:50,240 --> 00:12:52,280 Speaker 1: you didn't mention this, but I'm wondering, like, have you 268 00:12:52,320 --> 00:12:55,240 Speaker 1: increased your prices lately, because if the demand is there, 269 00:12:55,640 --> 00:12:58,400 Speaker 1: then you have a limited supply of time, and it 270 00:12:58,480 --> 00:13:01,400 Speaker 1: makes sense, like simple economics to raise your rates, and 271 00:13:01,440 --> 00:13:04,760 Speaker 1: I think that may help with your wait list, Like 272 00:13:04,800 --> 00:13:08,600 Speaker 1: I think it'll turn away some people who want to 273 00:13:08,640 --> 00:13:13,080 Speaker 1: go for a different priced option, and it will preserve 274 00:13:13,200 --> 00:13:16,520 Speaker 1: for you the only the people who want to invest 275 00:13:16,520 --> 00:13:18,840 Speaker 1: the most in your services and want to invest more 276 00:13:18,840 --> 00:13:21,640 Speaker 1: in them. And I say this all the time when 277 00:13:21,640 --> 00:13:24,959 Speaker 1: I talk about my Maydee Moneymaker's community and why I 278 00:13:25,040 --> 00:13:28,000 Speaker 1: charge what I charge because I really believe having a 279 00:13:28,760 --> 00:13:31,560 Speaker 1: price point that reflects the value of your services and 280 00:13:31,600 --> 00:13:34,600 Speaker 1: the value of your time is good for everyone. Because 281 00:13:34,600 --> 00:13:36,800 Speaker 1: when you ask people to make a real investment in 282 00:13:36,840 --> 00:13:40,400 Speaker 1: your services, you're weeding out people who maybe would have 283 00:13:40,480 --> 00:13:43,080 Speaker 1: done things a little bit more casually, and you are 284 00:13:44,160 --> 00:13:46,320 Speaker 1: really going to be met with people who are going 285 00:13:46,400 --> 00:13:50,040 Speaker 1: to value what they pay for and pay what they value, 286 00:13:50,400 --> 00:13:52,600 Speaker 1: pay for what they value. You see what I'm saying. 287 00:13:53,840 --> 00:13:56,000 Speaker 1: So I'll say that. So I don't think there's any 288 00:13:57,440 --> 00:13:59,720 Speaker 1: hard and fast rule on how long is too long. 289 00:13:59,800 --> 00:14:02,680 Speaker 1: Just be transparent, like say, I'm happy to put you 290 00:14:02,720 --> 00:14:04,679 Speaker 1: on the wait list. If you're willing to wait, it's 291 00:14:04,720 --> 00:14:06,360 Speaker 1: going to be a few months before I can squeeze 292 00:14:06,360 --> 00:14:09,240 Speaker 1: you in. In the meantime, and this is a dot 293 00:14:09,280 --> 00:14:11,400 Speaker 1: dot dot that I need you to fill. When you 294 00:14:11,480 --> 00:14:14,760 Speaker 1: tell them they're on the waitlist, what else can you 295 00:14:14,800 --> 00:14:16,880 Speaker 1: tell them to do that? What is that dot dot dot? 296 00:14:17,200 --> 00:14:20,240 Speaker 1: But in the meantime, what can you offer them? Can 297 00:14:20,320 --> 00:14:23,280 Speaker 1: you offer them some online tutoring? Like do you have 298 00:14:23,360 --> 00:14:26,520 Speaker 1: some pre recorded you know, teachings that you can offer 299 00:14:26,560 --> 00:14:29,440 Speaker 1: them some videos, like an on demand you know version 300 00:14:29,440 --> 00:14:32,320 Speaker 1: of your private lessons that you could create. Do you 301 00:14:32,520 --> 00:14:36,800 Speaker 1: have a list of referrals, like other instructors who can 302 00:14:36,840 --> 00:14:39,800 Speaker 1: refer them to for private one on one lessons If 303 00:14:39,840 --> 00:14:41,800 Speaker 1: that's the case, and if you want to refer them out, 304 00:14:42,160 --> 00:14:45,320 Speaker 1: then you could create like an affiliate arrangement. So for 305 00:14:45,400 --> 00:14:48,200 Speaker 1: every person you refer to one of your partners, so 306 00:14:48,240 --> 00:14:51,560 Speaker 1: these are other private instructors for everyone of the clients 307 00:14:51,560 --> 00:14:54,560 Speaker 1: that they get because you refer them, then they can 308 00:14:54,600 --> 00:14:58,160 Speaker 1: give you, you know, some sort of monetary benefit like 309 00:14:58,240 --> 00:15:01,800 Speaker 1: ten dollars or twenty whatever, one hundred dollar or maybe 310 00:15:01,880 --> 00:15:05,119 Speaker 1: people who you refer get a special discount on their services. 311 00:15:05,960 --> 00:15:07,960 Speaker 1: That can be a way to like build trust with 312 00:15:08,120 --> 00:15:10,640 Speaker 1: your client tele because you're taking care of them and 313 00:15:10,680 --> 00:15:13,760 Speaker 1: making sure they get a great you know, opportunity for services. 314 00:15:13,760 --> 00:15:16,880 Speaker 1: And it's also a good way to maybe still like 315 00:15:17,600 --> 00:15:20,680 Speaker 1: make money from clients that you wouldn't be able to see, 316 00:15:21,080 --> 00:15:23,840 Speaker 1: you know, one on one, but still have a little 317 00:15:23,840 --> 00:15:26,880 Speaker 1: bit of income because of that affiliate agreement you know, 318 00:15:27,120 --> 00:15:30,760 Speaker 1: with your partners. And that's a very common model a 319 00:15:30,800 --> 00:15:35,000 Speaker 1: business model in you know, in in coaches like in 320 00:15:35,120 --> 00:15:37,960 Speaker 1: like private coaches like myself or even like Tiffany with 321 00:15:37,960 --> 00:15:42,200 Speaker 1: our budgeties to business, affiliate models are pretty common. It 322 00:15:42,240 --> 00:15:46,280 Speaker 1: may not be as common in the private teaching, private 323 00:15:46,360 --> 00:15:49,320 Speaker 1: music sort of space, but who knows. Like, if you 324 00:15:49,360 --> 00:15:51,040 Speaker 1: can find other people doing it, it's just going to 325 00:15:51,120 --> 00:15:55,480 Speaker 1: prove that it exists. It's possible, Okay. And then your 326 00:15:55,520 --> 00:15:57,960 Speaker 1: second question, if I keep shutting the door on potential 327 00:15:57,960 --> 00:16:00,080 Speaker 1: clients and I refer them to other people, how how 328 00:16:00,120 --> 00:16:01,960 Speaker 1: can I be sure I'm not cutting out business growth 329 00:16:01,960 --> 00:16:04,760 Speaker 1: for myself if and when I do decide to expand 330 00:16:04,760 --> 00:16:06,720 Speaker 1: in the future. So I answered part of that. I 331 00:16:06,760 --> 00:16:09,480 Speaker 1: don't think you'd be cutting off business growth, especially if 332 00:16:09,520 --> 00:16:12,680 Speaker 1: you still keep those people on your email list and 333 00:16:12,720 --> 00:16:14,520 Speaker 1: you lead them with the good impression because you're like, 334 00:16:14,560 --> 00:16:16,720 Speaker 1: I'm so sorry, I'm really in demand right now, I 335 00:16:16,760 --> 00:16:19,360 Speaker 1: don't have time, but I have this for you. I've 336 00:16:19,360 --> 00:16:22,120 Speaker 1: got these online lessons, or I've got this referral network. 337 00:16:22,120 --> 00:16:25,160 Speaker 1: You can choose one of these great people, tell them 338 00:16:25,200 --> 00:16:27,240 Speaker 1: I sent you, and you'll get ten dollars off or 339 00:16:27,280 --> 00:16:30,640 Speaker 1: whatever you know. And then if and when you decide 340 00:16:30,640 --> 00:16:32,640 Speaker 1: to expand in the future, if you keep their email, 341 00:16:32,800 --> 00:16:35,040 Speaker 1: you know, you keep them on your list, then they're 342 00:16:35,080 --> 00:16:38,440 Speaker 1: going to be front and center in first in line 343 00:16:38,640 --> 00:16:41,760 Speaker 1: when you do announce any future offerings. And I like 344 00:16:41,800 --> 00:16:44,800 Speaker 1: to make my email list feel special as a business owner, 345 00:16:44,840 --> 00:16:48,840 Speaker 1: because I believe that important relationship of email subscribers is 346 00:16:48,880 --> 00:16:53,120 Speaker 1: really key to business growth. It's a more intimate relationship 347 00:16:53,200 --> 00:16:56,200 Speaker 1: than I think Instagram or TikTok or like social followers, 348 00:16:56,200 --> 00:16:58,880 Speaker 1: because they're letting you in their email inbox, Like come on, 349 00:16:59,160 --> 00:17:01,920 Speaker 1: don't know how crazy email inboxes right and how often 350 00:17:01,920 --> 00:17:04,920 Speaker 1: you're hitting that unsubscribed button. So if you're still subscribing 351 00:17:04,960 --> 00:17:06,600 Speaker 1: to me, I want to bring you value and I 352 00:17:06,600 --> 00:17:09,320 Speaker 1: want to make you feel valued by by being an 353 00:17:09,359 --> 00:17:12,120 Speaker 1: email subscriber, so you can tell them you're on my list. 354 00:17:12,160 --> 00:17:15,720 Speaker 1: Now I only open up newslots to people on my list. 355 00:17:15,720 --> 00:17:17,359 Speaker 1: You're going to be the first to know and start 356 00:17:17,359 --> 00:17:20,440 Speaker 1: to build that trust with them. And then even though 357 00:17:20,440 --> 00:17:22,959 Speaker 1: you say that you don't have a lot of like 358 00:17:23,000 --> 00:17:26,359 Speaker 1: group coaching activities throughout the year, you could potentially offer 359 00:17:26,440 --> 00:17:30,320 Speaker 1: like a free IG live or a free YouTube video 360 00:17:30,440 --> 00:17:33,560 Speaker 1: or something so that you can tell your email list, hey, 361 00:17:33,640 --> 00:17:35,560 Speaker 1: I know that the wait list is still pretty long 362 00:17:35,600 --> 00:17:36,879 Speaker 1: to get in to see me, But why don't you 363 00:17:36,960 --> 00:17:38,600 Speaker 1: join me. I'm going to be doing a group like 364 00:17:38,640 --> 00:17:41,840 Speaker 1: a live group coaching session, or I'm going to have 365 00:17:41,880 --> 00:17:45,000 Speaker 1: one of my favorite students, you know, join me to 366 00:17:45,040 --> 00:17:47,080 Speaker 1: talk about what they've learned and how they've grown, so 367 00:17:47,080 --> 00:17:49,639 Speaker 1: that you can still add value and still build trust 368 00:17:49,640 --> 00:17:52,960 Speaker 1: and credibility with your audience. And again like give them 369 00:17:52,960 --> 00:17:54,880 Speaker 1: a lot of stuff for free, like tip is always saying, 370 00:17:54,920 --> 00:17:56,720 Speaker 1: give a lot of stuff away for free. And then 371 00:17:56,720 --> 00:17:59,560 Speaker 1: when you're finally ready to sell or charge something people 372 00:17:59,600 --> 00:18:03,679 Speaker 1: won't feed like you're constantly selling to them, it's going 373 00:18:03,720 --> 00:18:05,280 Speaker 1: to be special and at that point they're going to 374 00:18:05,280 --> 00:18:08,280 Speaker 1: be excited to take out their wallets and invest, you know, 375 00:18:08,359 --> 00:18:13,159 Speaker 1: in your services. I'm going back to the part of 376 00:18:13,200 --> 00:18:15,800 Speaker 1: your question where you said there might be potential to 377 00:18:15,840 --> 00:18:18,840 Speaker 1: grow the business, but I'm not mentally or emotionally ready 378 00:18:18,920 --> 00:18:22,640 Speaker 1: to take on that kind of responsibility for now. What 379 00:18:22,680 --> 00:18:25,560 Speaker 1: do you think will happen? Like what what do you 380 00:18:25,600 --> 00:18:27,800 Speaker 1: think you need that you don't have now mentally and 381 00:18:27,880 --> 00:18:31,320 Speaker 1: emotionally to even take on, you know, which is an 382 00:18:31,320 --> 00:18:33,800 Speaker 1: obvious solution to me and even to yourself. You pointed 383 00:18:33,840 --> 00:18:37,240 Speaker 1: it out to take on an assistant instructor, Like, what 384 00:18:37,440 --> 00:18:40,640 Speaker 1: do you think it'll take, Because honestly, I think it'll 385 00:18:40,640 --> 00:18:43,360 Speaker 1: be so rewarding for you when you see you can 386 00:18:43,440 --> 00:18:45,960 Speaker 1: ask for help, you can bring on someone part time 387 00:18:46,560 --> 00:18:48,800 Speaker 1: and test them out, and you can see that you're 388 00:18:48,840 --> 00:18:52,560 Speaker 1: still able to meet the needs of your clientele without 389 00:18:52,640 --> 00:18:55,440 Speaker 1: needing to duplicate yourself because it's impossible to do right. 390 00:18:55,800 --> 00:18:59,240 Speaker 1: You can actually gain a lot by asking other people 391 00:18:59,280 --> 00:19:01,919 Speaker 1: to come on board and support the business that you 392 00:19:02,000 --> 00:19:05,040 Speaker 1: put together. Maybe it seems like a like a bunch 393 00:19:05,040 --> 00:19:07,199 Speaker 1: of responsibility, but I'm just wondering, like, what do you 394 00:19:07,280 --> 00:19:10,399 Speaker 1: think it is? And this is where I also remind 395 00:19:10,440 --> 00:19:13,080 Speaker 1: y'all fight fear with facts. So can you talk to 396 00:19:13,160 --> 00:19:18,280 Speaker 1: other instructors about how they've gone about hiring sub instructors 397 00:19:18,359 --> 00:19:21,200 Speaker 1: or subcontractors or whatever you want to call them, and 398 00:19:21,280 --> 00:19:23,520 Speaker 1: what they learned and how they did it so that 399 00:19:23,560 --> 00:19:25,439 Speaker 1: you can come up with your own process of doing that. 400 00:19:25,880 --> 00:19:27,720 Speaker 1: You know, you could easily hire someone on a part 401 00:19:27,720 --> 00:19:30,439 Speaker 1: time basis and like they send you an invoice and 402 00:19:30,480 --> 00:19:32,879 Speaker 1: you just pay it for your business account. It's not 403 00:19:33,000 --> 00:19:36,119 Speaker 1: a big deal at all. I have an assistant, I 404 00:19:36,119 --> 00:19:39,320 Speaker 1: have a couple of virtual assistants to help me at 405 00:19:39,320 --> 00:19:42,119 Speaker 1: Mandy Money and even for the podcast, and it's really 406 00:19:42,160 --> 00:19:45,760 Speaker 1: not that extra responsibility as long as they're well trained 407 00:19:46,320 --> 00:19:48,320 Speaker 1: and you know, you go through like that trial phase 408 00:19:48,359 --> 00:19:50,760 Speaker 1: where you're making sure they're trained up, but they understand 409 00:19:50,760 --> 00:19:54,320 Speaker 1: how things work, they know how you want to do things. Yeah, 410 00:19:54,400 --> 00:19:56,479 Speaker 1: so I would I would push yourself there because if 411 00:19:56,520 --> 00:19:58,320 Speaker 1: your if your end goal is really to grow the 412 00:19:58,359 --> 00:20:02,920 Speaker 1: business and to serve more people, that's definitely a way 413 00:20:02,960 --> 00:20:06,280 Speaker 1: to do it. So that's where I'll leave it, and 414 00:20:06,280 --> 00:20:08,679 Speaker 1: that's what I'll say. I hope that this was helpful 415 00:20:08,680 --> 00:20:11,920 Speaker 1: to you, and thanks again Elle for your question. Good 416 00:20:12,000 --> 00:20:14,919 Speaker 1: luck with your business. I hope that you continue to 417 00:20:15,000 --> 00:20:18,080 Speaker 1: grow it sounds amazing. You should be super proud of yourself, 418 00:20:18,560 --> 00:20:20,480 Speaker 1: but don't let a little bit of doubt and fear 419 00:20:20,920 --> 00:20:23,560 Speaker 1: stop you from taking it to the next level. Doubt 420 00:20:23,560 --> 00:20:26,080 Speaker 1: and fear that doesn't have any facts behind it can 421 00:20:26,119 --> 00:20:28,800 Speaker 1: really hold you back. So that's why I'm always encouraging 422 00:20:28,880 --> 00:20:31,439 Speaker 1: y'all to connect with other peers in your space who 423 00:20:31,480 --> 00:20:33,000 Speaker 1: are doing what you want to be doing. Maybe they're 424 00:20:33,040 --> 00:20:35,280 Speaker 1: ten years ahead of you, five years ahead of you, 425 00:20:35,359 --> 00:20:37,840 Speaker 1: a year ahead of you, and can look back and 426 00:20:38,160 --> 00:20:42,600 Speaker 1: help you learn from how they navigated their business and 427 00:20:43,119 --> 00:20:45,960 Speaker 1: maybe help you feel a little bit less afraid about 428 00:20:45,960 --> 00:20:49,320 Speaker 1: what you think is so challenging about that kind of growth. 429 00:20:49,840 --> 00:20:52,280 Speaker 1: All right, Elle, thank you so much for your question, 430 00:20:52,760 --> 00:20:55,280 Speaker 1: and thank y'all be a Q and A listeners for 431 00:20:55,600 --> 00:20:58,680 Speaker 1: listening to our show and always supporting. And if y'all 432 00:20:58,680 --> 00:21:01,040 Speaker 1: want to get featured on the show, hit us up 433 00:21:01,040 --> 00:21:04,560 Speaker 1: at Brownimbission Podcast on ig with your questions, or you 434 00:21:04,600 --> 00:21:07,920 Speaker 1: can go to our email it's Brownambission Podcast at gmail 435 00:21:07,960 --> 00:21:10,679 Speaker 1: dot com. Until next time, I'm Mandy Money. This is 436 00:21:10,720 --> 00:21:14,560 Speaker 1: Brown ambishon B a Q and A. Bye y'all, Hey 437 00:21:14,600 --> 00:21:16,800 Speaker 1: ba fam. We could not do this show without your 438 00:21:16,840 --> 00:21:19,720 Speaker 1: support or the support of our team behind the scenes. 439 00:21:20,000 --> 00:21:23,640 Speaker 1: The Brown Ambission Podcast is produced by Cumulus Podcast Network. 440 00:21:23,680 --> 00:21:27,159 Speaker 1: It's edited by the wonderful Imani Crosby and produced by 441 00:21:27,200 --> 00:21:30,960 Speaker 1: Tanya Bustos. Dennis Stimplinsky is our in house tech guru, 442 00:21:31,359 --> 00:21:34,119 Speaker 1: and I am Bandy Woodard Santos, your co host, and 443 00:21:34,240 --> 00:21:38,160 Speaker 1: I will see y'all next week.