BABL 076: Farissa Knox on Empowering Your Own Career

Farissa Knox gets to wake up every day and do whatever she likes. The benefit to her is the brands she’s choosing to build she is immensely passionate about.

Farissa owns RLM Media, a boutique media buying agency, as well as the app WhatRUWearing, a social application for fashionistas to share their daily clothing choices.

Not thinking entirely about being an entrepreneur, Farissa found herself in 2008 working for a company that was going bankrupt. She immediately started thinking about getting another job when her husband threw out the idea of working with the clients she had been working with previously. Farissa sent out 5 texts while driving in the car with her husband and all 5 confirmed their desire to continue working with this newly minted business owner.

Farissa knew that she’d either have to work like a slave in the business, doing most of the work herself, OR she could bite the bullet and hire people to help her do the work. This decision proved to be the linchpin for her success because she was ultimately committed to the success of a “business” not just her doing the work.

Around the 10:00 mark, Farissa talks about being raised in an entrepreneurial environment, her mom running an in-home daycare and managing everything that went along with that. What her parents gave her was the belief that any dream she put her mind to she could accomplish.

Bouncing back from the down times has been a tremendous learning opportunity for Farissa — figuring out how to make payroll or covering an expense that a client refused to pay for. These situations have forced Farissa to learn, to buckle down and accomplish what she sets out to do. In the long run, her goal is to be acquired by an agency who appreciates the work they do.

Farissa’s love of fashion (and what you’re wearing says about you) led her to create an application that allows women to share what they’re wearing on a daily basis. “We can see what celebrities are wearing every day, but what if you aren’t getting your clothes shipped in from France every day? How do we see what the average women who loves fashion is wearing every day. This was the reason behind WhatRUWearing?

Knox says what people are looking for is an exclusivity around social media experiences where the users they’re around are people like them. When everyone on the app is ‘into’ the same thing, and they don’t have to waste time getting rid of pictures of kids in their feed, they’re far more engaged. High engagement = higher profitability.

The overwhelming source of users for WhatRUWearing has come from campus ambassadors on various college campuses recruiting their friends to use the app. The WhatRUWearing girl loves a great deal, loves how clothes make them feel, but isn’t about the label.

When I asked Farissa how long she went without a paycheck, she said right now she doesn’t pay herself anything right now. Instead, her income is invested back into the company because as she puts it, “I am my own retirement plan.” How freakin’ cool is that?

Books recommended by Farissa:

Hillary Clinton’s Hard Choices

#GirlBoss by Sophia Amoruso

Farissa’s Book

61Y56l9jN0L._SL250_

Love, Sex and Friendship in No Particular Order

 

For more of Farissa, check out: www.FarissaKnox.com
Farissa’s answer to what does building a bigger life mean to you was profound: You can’t build a bigger life by yourself, it’s all about who you surround yourself with #Truth

BABL 074: Making Money Saving Money with Lauren Greutman, I Am That Lady

Lauren Greutman, otherwise known as ‘That Lady’ from IAmThatLady.com, and her husband Mark are in the middle of building the New American Dream. Working side-by-side on a daily basis, the Greutmans made a decision to “retire Mark early” from his job as an actuary and focus on building their business, their blog, and their podcast at IAmThatLady.com.

What started as a part-time blog for Lauren, writing about extreme couponing, money saving principles, and how to raise a family on less is now a thriving business that supports Lauren and her family of 6.

Check out Lauren’s Financial Renovation Course! In the free course, she’ll share:

√ Learn how to create a budget

√ Learn how to stick to that budget

√ Learn a complete financial blueprint for success

√ Talk about how to get your spouse on board

√ Discover how to create a financial plan that WORKS!

√ A special opportunity to go even deeper!

Lauren and Mark’s origin story probably sounds much like a majority of Americans. They found themselves $40,000 in credit card debt, driving cars they could barely afford, living in a house that most 40 year olds would love — at the age of 25. While both had great jobs and high income, they found themselves struggling to make ends meet living this Big Spender lifestyle.

Lauren was, at the time, addicted to spending. She freely admits she loved buying ‘stuff’ whether it was throw pillows for the couch or bigger items that just made her feel good. By the time she realized that they were seriously in over her head, she spread all the bills out on the bed and had a heart to heart with Mark. Lauren said Mark was “very supportive” and that his approach was simply to “get the problem under control”.

So they got honest, they got serious, and they got intent on getting themselves out of the situation of living off of credit. Within two years, they had downsized everything — moved out of their sprawling home and into an 800 square foot rental home, got rid of the expensive cars, and formed a budget that worked for them. They sold massive amounts of furniture and “stuff” on craigslist, raising thousands of dollars to pay down the debt.

During this period of their marriage, both Mark and Lauren realized the challenges that come with a full-time job with a major commute and a collicky baby. While Mark spent hours a day driving to and from the job, Lauren tried to build the business while simultaneously raising their 4 children. As Lauren’s income from the business grew, her patience with the current situation waned.

And so, as a result of buckling down, paying off debt, and building a bigger life, Mark quit his (high paying job) as an actuary and is now helping Lauren build IAmThatLady.com, testing recipes and posting the successes on the site that is rapidly growing in popularity. The two of them also record their own podcast where they talk through the events of their life, how to save, and often answering the questions of their fan base.

When asked what she would tell a family in the same situation they found themselves in, Lauren had this to say:

 

  1. Figure out what values you hold. Lauren and Mark have a financial bucket list about where their money should go. “If you value sending your kids to college, but you can’t afford your grocery bill, then maybe you shouldn’t spend $200 on cable every month.” Living in accordance with your financial goals should be about spending money where it most makes sense for your family. Too many families today aren’t living in accordance with their family values when it comes to their spending.
  2. Setting a budget. Knowing how much you have to spend actually liberates you to a certain extent, according to Lauren. She and Mark operate on a cash basis, even though she admitted to forgetting the cash now and again and using the debit card (something that causes frustration with Mark and his numerous spreadsheets!). Whether it’s a budget or a spending plan, the key is to know how much is coming in and how much is going out.
  3. Get excited about where you’re going financially. Set long term goals, make a plan for what you most want to accomplish, and get excited about the possibilities! Lauren says it’s the plan for their future that keeps them plugging along in their business. Their future goals today are around creating even more freedom for others by sharing their successes.

 

I read a beautiful post that Lauren wrote about what it means to her to have her husband by her side in creating this business. Super touching, super raw – Lauren wrote it at a time when they were trying to justify Mark leaving a job he’d trained his entire life to get. Please read Being Broke Is Enough by Lauren Greutman to get a sense of their ‘Why’ behind the major decisions they made around their financial life.

 

Lauren has had some extremely cool opportunities in the past few weeks including segments that have aired on Good Morning America and The Today Show.

 

Books that Lauren recommends:

The Total Money Makeover by Dave Ramsey

A Framework for Understanding Poverty

The Money Saving Secrets of The Amish

 

Find more Lauren at www.IAmThatLady.com

as well as her:

Pinterest

Instagram

Twitter accounts.

Listen in on their Life On A Budget podcast.

BABL 070: Solocast- What I learned from The 4-Hour Work Week

BABL070-Solocast1I want to share with you the lessons I learned from one of the most impactful books I’ve ever read.

I think everyone has that list of books that has changed their life in some way — my list seems to grow all the time. It’s funny when someone asks, “What are the top 5 books I should be reading?” I’m always at a loss because I can’t limit the list to just 5. Instead I’m like, here are the top 50 books you should be reading…

The book that I’m absolutely suggesting you should be reading on this episode is The Four Hour Work Week by Tim Ferriss. Only 2 books hit me as hard and had as much lasting impact as this one and those would be the Bible and How To Win Friends and Influence People by Dale Carnegie.

The 4HWW was recommended to me by a very successful entrepreneur friend of mine back in 2007 when it first came out. I was in the middle of building a mortgage brokerage and was suffering from a bunch of the “busyness” challenges that Tim writes about in his book. But probable the one concept that really jumped off the page for me was the concept of joining the New Rich.

Ferriss describes the NR as those who abandon the deferred-life plan and create luxury lifestyles in the present using the currency of the New Rich: time and mobility. He described it as an art & science called Lifestyle Design, a term he essentially coined that created a whole industry of experts, gurus and consultants. The New Rich, as Ferriss described them weren’t focused so much on the brass ring, working 80+ hours a week to make a fortune, but instead those who used things like Elimination, Automation, and Productivity tools to make more per hour but work less.

All of this sounded like nirvana to a guy who was into the office around 7 am every day leaving around 6 and working nights after the family went to bed.

One of the paragraphs that jumped off the page for me was on page 7, it says: “Life doesn’t have to be so damn hard. It really doesn’t. Most people, my past self included, have spent too much time convincing themselves that life has to be hard, a resignation to 9-to-5 drudgery in exchange for (sometimes) relaxing weekends and the occasional keep-it-short-or-get-fired vacation.”

What I wanted at the time was to spend more time with my family and less time with my clients and co-workers, but I too had been brainwashed to believe that the more hours I put in, the more successful I’d be. The hours unfortunately, were spent in busyness, not productivity, a takeaway I’ll cover in the podcast that has served me extremely well over the years.

Ferriss features a quote by Mark Twain towards the beginning of the book. Twain says, “Whenever you find yourself on the side of the majority, it is time to pause and reflect.”

I’ve probably taken the quote a little too much to heart after employing a number of strategies in my life, investments, and schedule that some people may call contrarian.

But what Ferriss calls Lifestyle Design, I bought into. In fact, as I reread the book last night I realized just how much influence the book actually had on me, the concept of Building A Bigger Life (which is essentially lifestyle design strategies), and what I do daily. LD is based almost entirely on massive action. But again, not action for action’s sake or work for work’s sake, but instead the massive action towards your highest and best goals — those that serve your life in the highest form possible.

I did a show on the topic of Retirementality, EP ___, essentially making the claim that your concept of retirement will ultimately decide how you pursue it. I didn’t realize it, but the 4HWW influenced that show as well — I have never liked the idea of working 40+ years of your life to retire on ⅓ of what you couldn’t get by on in the first place. What resonated with me was Ferriss’ idea of mini-retirements along the way. Short and sometimes long breaks in productivity and work to get away and enjoy life. Taking chances to recuperate and enjoy downtime. I have a hard time even imagining a retirement being idle, but have no trouble imagining spending 2-3 months on the Amalfi Coast in Italy with my family in a year or two.

Tim writes about the idealistic dream of having $1M in the bank, which is what a number of financial experts claim you should have in order to retire. But as pointed out in the book, $1M in the bank isn’t the fantasy.. it’s the lifestyle of complete freedom it supposedly allows that is the freedom. Well what if that kind of freedom doesn’t take $1M?

There are three strategies I’d like to share on the show today that have helped me in the pursuit of my own Bigger Life, my own Lifestyle Design: Productivity, Elimination, and DreamLining.

The first is looking at productivity in a completely different way. I mentioned that in the mortgage business, I was in a constant state of being busy. I remember a conversation with my Dad at one point during that time and I kept telling him how busy I was. He was coaching me on certain aspects of business and life and I kept saying, “it’s just so busy.” His response to me was, “you seem very committed to that.” “To what” I remember asking. “To being busy.” Maybe you should commit to something else.

That something else became readily apparent when I read The 4HWW. It was the idea that there was a difference between being effective and being efficient. That busyness was basically lazy, idle, indiscriminate thinking where you tackle whatever is in front of you because it’s in front of you. As it turned out, I wasn’t particularly efficient OR effective in most of what I was doing. Ferriss describes them this way:

“Effectiveness is doing the things that get you closer to your goals. Efficiency is performing a given task (whether important or not) in the most economical manner possible. Being efficient without regard to effectiveness is the default mode of the universe.”

My ineffectiveness and inefficiencies were showing up all over the place. How my office was organized, how I answered emails, how I answered the phone EVERY time it rang and didn’t specify how much time I had. In my mind I had all the time in the world, except I didn’t.

It occurred to me that every time I said yes to something I was saying no to something else. And some of the things I said yes to made no sense in the greater scheme of building a bigger life.

Ferris suggested two age old, time tested principles that have made all the difference in my life. I use them in creating content, in answering emails, and in handling planning projects of every size and scope.

The first principle comes from an Italian economist named Vilfredo Pareto. Pareto was known for creating an idea of income distribution in the 1700’s. He had postulated that 20% of the people controlled 80% of the wealth. And the more he dug into the theory, the more he realized the truth in all aspects of life. 20% of our efforts create 80% of our results, 20% of our clients create 80% of our headaches, 20% of the seeds grow 80% of the garden. In effect, by using what we know as the Pareto Principle or the 80/20 Rule, we can focus on the 20% of our activities that are generating 80% of our income, productivity, happiness, etc.

I used this principle in creating the Power Priority List that is downloadable from the Adamspeaks.com site. The PPL for me is a way to identify what are my 20% activities on a daily basis and prioritize them based on output and time. It’s my own system and I can’t definitively say it will work for you as I think all productivity schemes need to be personalized, but a number of people have told me it works for them. The goal of the PPL is to identify which high priority items I need to do by 11 am every day. I would consider these High Dollar Per Hour activities.

The second principle that Ferriss suggests using is something called Parkinsons Law. Parkinson was XXXXXXXX back in the early 1900’s. One of the things he reportedly hypothesized is that the perceived complexity of a task is directly related to how much time you give yourself to complete it. I talked about this in Solocast EP XXX on creating content. Basically if you give yourself 3 hours to completely clean your house you’d take that long. But if someone called and said they were 45 minutes away, you’d get it done in that amount of time too. You probably remember this from high school and college when it was time to write a paper. You’d wait until the very last minute, most of us finishing the paper in the wee morning hours that the paper was done. And then you’d read it and think — this is the best stuff I’ve ever written. The reason you nailed the project was you had a deadline and you had a limited amount of time to complete it.

Parkinsons Law suggests that if you limit the time given to complete a task, you’ll finish it in that time. I raced a timer in putting together the content for this solocast because that’s what I always do.

The 4HWW suggests that to really amplify your productivity, you combine both principles together, both the 80/20 rule (Pareto Principle) and Parkinsons Law. What happens when you do this is you focus only on the important tasks (the 20%) and you limit the amount of time given to do so (Parkinsons Law). The result is getting more high dollar per hour work done in less time. Boom. Instant productivity boost.

Now if you’re thinking, “what about all those other tasks I have to get to on a daily basis?” We’re going to get there. For me, tackling the rest of the list took elimination, automation and outsourcing — the three of them individually not always the easiest to do, but once you do, it’s incredibly worth it.

Takeaways for you from the productivity section:

Focus on the higher dollar per hour activities by using the 80/20 rule and Parkinsons Law together. And know the difference between being effective and being efficient. When you use the two ideas together, magic happens.

Ferriss is a big believer in Elimination. And while his method of getting you there is pretty dramatic, the effect is profound. He asks two questions that get to the heart of the matter.

The first is: If you had a massive heart attack and were limited to working just 2 hours per day, what would you do during those two hours?

The second question is: If you had a 2nd massive heart attack and were told you could only work 2 hours per week, what would you do during those two hours?

The answers that you come up with are obviously different than those I’d come up with but the bottom line is you better eliminate some stuff.

The first thing Tim suggests ditching is the constant barrage of information that we get on a daily basis. For any of you that have listened to the show for any length of time, you know that my wife is an uber frugal shopper. I describe her as the coupon princess, having been raised by the coupon queen in the coupon castle. And just about every morning she clears out the 10-15 emails from retailers that are sending out online coupons. EVERY MORNING.

This is the information barrage I’m speaking of.

But it also comes in the form of blogs to read, newspapers stacking up on the counter, junk mail, television, radio, and on and on and on.

After reading the 4HWW, I went on an information lean diet. I stopped watching the news, stopped reading the paper, even unsubscribed from every broadcast email I was getting. Because inherently, there is a feeling that we’re supposed to be in tune with all of those things coming at us which takes up valuable brain space, not to mention time I could be using to build a bigger life.

Inevitably people will ask me where I get my news from and I tell them that I subscribe to The Week magazine which is a snapshot of everything newsworthy and sometimes not, that happened that week around the world. It provides a both left and right side view to every story and I find that skimming that gives me enough context to carry on educated conversations with those around me.

As for email, I use a service called Unroll.me which spots all of the broadcast type emails and puts them in one place which I can scan quickly and decide which ones to let through. Most of the time I ignore the email completely.

Elimination also involves interrupting interruptions. I once heard that for every interruption it takes 12 minutes to get back to the level of concentration we were once at. So if you are interrupted at work 4 times an hour, you’ve just lost 60 minutes throughout the day. That’s one hour! Keep track today of how many times you’re interrupted — it will astonish you at the wasted time.

As a work from home guy, my kids are around me a lot during the week. And until I realized how much the interruptions were blocking my productivity, I allowed a somewhat open door policy. Now there are three dots on my door. Green, yellow and red. When it’s green they can come right in, yellow means they have to knock, and red means I’m in the middle of something important and they need to leave me alone. I realized and had to make them realize that there is a difference between access and availability. You may always have access but I’m not always available. Minimizing those interruptions has been a key to greater productivity. Your build a bigger life question for the day is : how are the interruptions in your day having an effect on your productivity? What could you do differently to minimize those?

One marketing firm I consulted with had “coning hours” during the day. If there was a bright orange traffic cone outside your cubicle or office, it meant that no one could bother you because you were doing intensive work that required undisturbed thought. Perhaps putting that into practice at your office would work too.

Elimination involves what Tim calls the Art of Refusal. Remember at the beginning of the show I said when you say yes to something you’re also saying no to something. The Art of Refusal was something I was terrible at. I’d get asked to coffee repeatedly throughout the week and I’d accept because that’s just what you do. I didn’t want to let anyone down. Today I’m more conscious of that time and try and batch tasks like running errands with meetings and networking events. Get really good and adept at saying no and then basking in the glow of getting shit done.

The last area that I found most helpful in the 4HWW is the concept of DreamLining. Yet another phrase that Ferris coined in the book, the idea of DreamLining is writing down 5 things you’d like to have, be and do in the next 6-12 months. Once you have your list, the next step is to figure out how much those things would cost and how to set up income streams and methods to pay for it. He’s got an incredible flowchart and calculator on the site at fourhourworkweek.com, just search Dreamlining and it will come up.

I like this process for a couple of reasons. First, it makes the idea of planning for mini-retirements very concrete and attainable. Seeing the “how the hell am I going to do this?” mapped out in detail is very comforting for planners like me. And second, I think there is a level of mental gymnastics that you go through in filling this out that makes you realize that what you really want in life is not that far off. I think it’s the ultimate tool to reclaim your title as the architect of your own life. A bigger life is actually much closer than you realize and this is the tool to get you there. (this and of course the Build A Bigger Life Blueprint.)

So, your takeaways from today’s show:

  1. Use the Pareto Principle or 80/20 rule in combination with Parkinsons Law to get the highest importance things done in limited time.
  2. Join the New Rich. Sure you can work 80+ hours a week and make $100k, but would you rather work 10-20 hours a week and make $50k?
  3. What are your mini-retirement goals and how can you achieve those regularly?
  4. Get on a low information diet — stop with the mental chewing gum of all that ridiculously negative BS on tv, radio and in the papers.

And finally, in the pursuit of your own bigger life, pick up a copy of the 4HWW and read or reread it to see what comes up for you.

Make it a great day, and keep building a bigger life.

BABL 063: Rocky Lalvani on Life Lessons for a Richer Soul

The interviews I feature on Build A Bigger Life are generally people I’ve met in traveling around the country. Rocky Lalvani said one thing to me that stuck with me for days afterwards and THAT is the reason he’s on the show with me.

Rocky is the founder and chief writer at RicherSoul.com. He’s a financial coach, an enrolled agent with the IRS, and a money savvy blogger who’s helping people live richer more contented lives.

One of the things Rocky and I have in common is our desire to prepare our kids for the financial decisions they’re going to make in life. His stories about teaching his kids delayed gratification happen around the 13:00 mark, and I think you’ll be inspired to do the same things with your children. The strategies he uses are extremely intuitive, very simple, and incredibly effective.

“Wealth is doing what you want, when you want, how you want.” According to Rocky, the definition of wealth is different for everyone. It’s not a number, it’s not an exact science. However, there are ways to redefine what it is that makes your life happy and leave you feeling successful and fulfilled.

Putting money away month by month is the process that Rocky encourages and gives some really valuable advice when he says (at 25:00), that the first $1,000 is hard but the second $1,000 is easy. Same for the first $10,000, $100,000, and $1M. But while it may take you 30-40 years to build the first million, it may only take 5 years to build the second million.

At 29:00, Rocky talks about no one having a statement of cash flows and/or a budget. If you don’t know where the money is going or what it’s bringing you, are you really living in alignment with your values? Or are you just going through the motions but getting farther away from the life you imagine?

Books recommended by Rocky:

The Richest Man in Babylon

Money Master The Game by Tony Robbins

Rich Dad Poor Dad by Robert Kiyosaki

If in debt, anything by Dave Ramsey
For more information on Rocky and his services, check out his website: www.RicherSoul.com

BABL 061: How CreateU will Upend Education with Jules Schroeder

Open any education industry magazine right now and you’ll read about the fact that education is in need of an overhaul. Leave it to an inspired 20-something to figure out how to redefine what it means to pursue higher education. Jules Schroeder would just like you to CreateU.

Jules Schroeder is working in collaboration with the People and Planet Project with the United Nations to redefine education and how it’s delivered through CreateU.com. More on that in a bit.

What you should know first about Jules is she is a serial entrepreneur, having launched her first 6 figure business in her teens and her first 7 figure business in her early 20’s. She’s a trailblazer and a pioneer when it comes to following businesses and paths that light her up.

CreateU is a platform for re-imagining our educational delivery platform. The goal of the platform is to reverse engineer the process of educating young people as they look to what they want to do for a living. Today’s system has many graduates leaving in tens of thousands of dollars in debt and no idea what they want to do. This broken system is what CreateU will tackle.

At the end of the one year CreateU program, students will actually be out in the world “doing” the next step in whatever they choose to pursue. The experience factor, now being what companies are looking for, is an intense focus of CreateU. The online course aspect of the program is just part of a $170B industry that’s popped up in the past 10 years.

While CreateU is in the application development phase right now, the classes will begin in early 2016 and Jules says applications are being taken on the site right now. To get advance notice, click here: http://createu.life/

Books recommended by Jules:

The Presence Process by Michael Brown

Choose Yourself by James Altucher

The Obstacle Is The Way by Ryan Holiday

 

Hal Elrod The Miracle Morning

BABL 057: Creating the Miracle Morning with Hal Elrod

Hal Elrod is the best-selling author of The Miracle Morning, a book that is widely acclaimed as one of the most life changing books of all time.

But most amazing about Hal’s story is the fact that he wrote the book at a low period of his life, but had a vision for the book that it would change the world in a massive way.

A quote by Jim Rohn was the catalyst for Hal — “Your level of success will never exceed your level of personal development.” So Hal went out to find what the most successful people in the world did on a daily basis to create their ideal life. In the end, it wasn’t ONE thing, but about SIX things that the most successful people in the world do every day.

So Hal got up at 5am and started doing these six things every day and it profoundly changed his life.

Around the 16:00 mark, Hal describes what happened when he was hit head on by a drunk driver at the age of 19 and woke up in a state of complete unknowing of what had happened. A week after the accident, the doctors were seriously concerned about Hal because they thought mentally and emotionally he was in denial. Physically, he was in repair, but internally (emotionally) Hal had learned how to live by the 5 minute rule. That is, for 5 minutes you can be mad, sad, angry, frustrated, etc. at a situation, but after that, you have to accept what is and decide how you’re going to live your life.

If you’re thinking about reading The Miracle Morning, but afraid that you’re not a morning person, Hal says don’t worry! In The Miracle Morning community, almost 70% of the people asked were not originally morning people, but in waking up BETTER, it became easier to get started with their days.

According to Hal, it’s about Impact, Income, and Legacy. Building a bigger life is simple when you’re focused on making a difference in the lives of other people.

I hope you enjoyed the interview with Hal!

To find out more about Hal, check out www.HalElrod.com

To find out more about his event, check out www.BestYearEver.com

And to get your copy of The Miracle Morning, click HERE.

BABL 053: The Broke & Beautiful Life with Stefanie O’Connell

Stefanie O’Connell is excited about her life. She’s part actress, part budgeting ninja, and all awesome. She’s also the author of the recently released book The Broke & Beautiful Life.

Stefanie’s education path took her through New York University and majored in musical theater & psychology. For the past 8 years, she’s been working as a “starving artist” in the musical theater scene, but as of the past couple of years realized that she could work in tandem on projects she’s passionate about — like living a broke and beautiful life!

While on a bus & truck tour (where you travel with other entertainers on a bus from city to city doing a show per night), she realized that maybe this vehicle wasn’t the dream she was pursuing. She started a blog on her musings about life, money, and art in general, and within 6 months had developed a solid foothold on the interwebs.

Around the 9:00 mark, Stefanie talks about what she’s been doing the past couple years — mainly focused on growth and investing *any* extra money she had on personal development. This was an interesting phenomena for Stefanie who admittedly was broke just prior, with only enough money to pay her bills and literally nothing else.

“Walking into an audition room into NYC is probably one of the most miserable experiences…” (14:00)  Stefanie says that many starving artists in the city are living paycheck to paycheck just waiting for their big break. As a result, the passion for what they do is limited to the auditions they go to, while the rest of their life doesn’t fulfill.

Stefanie is now blogging full-time, freelance writing, and building her business. When she says full-time, she means it — often working 10 hours a day building her income streams. And… she LOVES it!

Books Stefanie Recommends:

Rising Strong by Brene Brown

The Art of Work by Jeff Goins

The Broke & Beautiful Life by Stefanie O’Connell

 

Find more about Stefanie: http://stefanieoconnell.com/

 

Check out her music video about student debt: http://thebrokeandbeautifullife.com/how-to-pay-off-student-loans/