Why do you think leaders hide from funding their vision?
And how can those leaders then lean into funding their vision?
Okay, and we did briefly talk about this before in terms of funding the vision, meaning bringing
money into your business.
It could, if that's what you want to share.
There's people who share the money side of it, the people who share the effort and the
things you put into your vision side of it.
So you can go either or.
It's what you would like to share.
Okay.
Well, it is true that when you have a business and you're starting a business that it requires
a lot of effort to run it, despite the many gurus out there that would have us buy their
books about four-hour work weeks and that sort of thing.
I'm not saying that didn't work for them and maybe there are many other people that that
works for.
It's very common that you would spend a significant amount of time investing in your business.
When you're using the word funding, I'll use the word investing as a synonym.
So I'm investing.
How am I investing in my business?
Well, number one, it could be that I'm spending money on something like coaching, business
coaching.
I often speak with people who want to make more money.
Maybe they're making some money in their business, but they want to make more money.
And then it always seems like, okay, if I hire somebody like myself as a coach to help
me with my business, I'm spending money and I want to be making money, but I'm spending
money.
So what are you investing in?
Are you investing in the systems that help you to get more efficient in your business?
Are you investing in the support and the help such as a VA or somebody like that?
Or are you investing in a coach?
All of those things should be things that will ultimately bring you more value into
your business.
That would be the idea.
The same for even just getting external funding, whether it's an angel investor or a loan from
your grandfather or whatever that is.
Now the question is, why do leaders hide from funding their vision?
Again, I might have a different interpretation of those words than you, but it's hard.
If we're talking specifically about money, I would say one thing that has leaders hide
from doing that is A, they want to make sure that if they're investing money, that it's
going to work.
I think this is the big reason why people don't hire a coach or hire help is because
they're not sure if it is going to help them.
A lot of people don't like talking about money, don't like asking for help, don't like ways
in which they could...
Some people think it's really stoic to work really, really hard in your business and anything
that makes it easier just seems like it's so hard to do.
So those are some initial thoughts.
Is that in alignment with what you're thinking about?
There's a lot that I align with and there's a lot of ways I can go about this.
You mentioned that necessarily you don't align with people selling four-hour work week courses.
I see and hear a lot of people that I know around me who are invested in that.
They put a lot of money and effort into trying to get a four-hour work week and that's how
they fund their vision.
I know it doesn't work from my experience with and getting learning lessons from people
who have done more than me, that are centered enough to help me, guide me through the past.
I a lot of times have struggled explaining this to people who are in their four-hour
work week because it hurts me to see that the result they might get, it's not what they're
expecting to get because some coach told them to do so and that coach straight up maybe
lied to them or played with their emotions in whatever way possible.
So what do you say about that?
Well, first of all, why does anyone buy a course?
I could ask myself that question because I've bought many courses.
I always like to say I bought that $10,000 course so you don't have to, to my client.
So I want to be the one learning so that you don't have to then go and do something else.
Of course, all these things, there's always a little magic pill somehow.
There's a little thing that's going to be the freedom pill, it's going to be the money
freedom pill, the time freedom pill, the I can do whatever I want pill.
And so many times when people are selling courses and or books about four-hour work
weeks, and by the way, if that person wrote that book is listening, I'm sure it's a wonderful
book.
I've been there once, I didn't apply it, and I can't speak to it specifically.
However, I would say that whatever those are, they're typically coming from a space of already
having created that reality.
And so that could have been a 10-year process to get them from 50 hours a week or 100 hours
a week to four hours a week.
And so then that person, and let's not just pick on that one particular guy that wrote
that book, but that person is now saying, okay, I can help you with my, because I have
a publishing empire, I can help you become a self-publisher.
I can help you become a yoga master, whatever it is.
They're already coming at it from that place of mastery, which tends to that the communication
does not necessarily match.
And that is why I think people fail at it sometimes, because they're not able to operate
at the level that they're expected to operate in order to create that result.
Is that resonating?
It does, but that goes to the next part.
I know we are focusing a little bit of the negative side of that funding, but how do
we help the people who are in that?
So for example, I don't know if you have kids or not, but do you have kids?
Two, two of them, yeah.
So if you have two kids, and one of them decided to follow the four-hour work week situation,
and you know what it could and would lead to, most likely because of the experience
you've had, and you know what your kids lack and don't lack in those scenarios.
Then you know the scenario that, hey, this might go to that side.
What would you do in that case to help your kids?
Would you let them be on those and let them fund their vision that way?
Would you come in and help them?
What would you do, Liz?
Yeah.
Well, I think the first thing to remember is that there's something of value in all
of any course or any coach.
There's going to be something of value.
And as I said, I read the book, so there's going to be concepts that are going to be
valuable.
So we want to look at what is it that's valuable that really can help me from my point of view.
The other thing about, I'm going to come back to the children part in a minute.
The other thing about a lot of these courses is that they not only is it a magic pill,
but it's the right magic pill.
In other words, do it this way.
This is the right way to do it.
And what I want for all of my clients and of course for my children too is there is
no one right way to do it.
There's the right way for me, but there's no one right way to do it.
Because there are many ways to operate in your business and I wouldn't want a four hour
work week.
So that's the other thing.
I don't want that because I love talking with my clients.
I don't want to talk to four people a week.
I want to talk to 20 people a week.
I want to do the work.
I want to express myself and do the work.
There's an underlying tone towards the idea that you're going to make work.
I never know which one it is, on your business so you don't have to work in your business.
I love working in my business.
I have no issues working in my business.
So I would say to my children, well what resonates with you?
What feels right to you?
I don't know if you're familiar with New York City at all, but there's a, I don't know,
a thousand, I don't know how many it is, 500 high schools possibilities.
And when you're in high school in New York City, you can go to any borough, to any high
school as long as you get in.
And what's beautiful about that?
First of all, it's harder than picking a college.
College application process is easier than getting into high school in New York City.
But there are, literally every school has its own theme.
So my son went to a school with 70 people in his class.
The art teacher had a ring in her nose.
Everybody's on a first name basis.
Totally crunchy granola.
Really awesome.
My daughter went to a 1200 person high school on the west side.
Very busy Times Square area.
And she had this very high energy type of, you know, everybody's Mrs. and Mr. blah, blah,
blah.
So two totally different people, both beautiful children, both needing to find the way through
to their school process that is right for them.
And that's what I want people to walk away with is remembering, hey, if you're not having
success with this course, maybe it's not the right one for you.
Thank you for sharing that, Liz.
Next question for you is, I think that answer was very good, by the way.
I don't think I can add anything to it to get more clarity.
What is success to you, Liz?
That's such a beautiful question.
Thank you for asking.
I go back to continuing with what we're saying is that success is different for every human
being.
And sometimes people will ask me about as a coach, what are some of the successes that
I've had with my clients?
Because if they're interviewing me to be a coach, they want to know that I've had successes.
And that is certainly understandable.
And I always answer the question as well as I can.
And everybody wants to hear about the client who came to me and had a full time job.
And there is a woman that had a full time job and she was able to quit her job and she
was making within three years, she was making $250,000 a year.
I am super proud of that.
She hated her job.
She wanted to do that.
That's a good amount of money.
Very proud of that.
At the same time, I have people who are so nervous to get in front of a group of people
that the biggest success and win that they have is they did a webinar and 20 people showed
up and they just made a pitch and they didn't sell anything but they made a pitch because
they were so nervous about selling that they did that.
And then they did it again and then they got 30 people the next time.
And this time they did sell something.
So are they quitting their job yet or are they making $250,000 a year?
No.
But it's been successful because they took themselves from one level to the next level.
Everybody wants to talk about big breakthroughs, right?
Going from six figures in 60 days or this breakthrough.
I want breakthroughs too.
Thank you.
I'm happy to my bank account is ready to receive a million dollar check today.
Thank you, universe.
However, I know that the practicality of what occurs in business is you're building.
You're building one on the next thing.
So success is a definition might be successes where you're able to take yourself to the
next level because you've had some transformational experience, some skill that you've honed something
you've tried that you've never done before and you've been able to implement that so
that you can take it to the next step at that point.
So that is what success is to you taking it to the next level.
Taking it to the next level.
And as of now, what is your next level?
Yes.
Well, I have a lot of things on my plate that I am working on for sure.
And one of those things is to get as many people as possible to take my free quiz on
learning about what your CEO entrepreneurial style is, because I'm building my email list
so that I can share more good information with people.
And I think most people know that the biggest challenge that we have in business is how
do you reach more people?
So I created a quiz that's actually really fun and really easy to do that helps you to
figure out why you feel stuck based on your CEO personality.
And so my next level for me is to get people to take that quiz and then of course, in the
hopes that people want to work with me because I love helping entrepreneurs.
That's awesome.
I have one more question and that will be the last question for today's segment, Liz.
It is very hard and I'm coming to that understanding now in my life that it is hard to learn from
yours and someone else's mistakes unless you have the right mindset for it.
And that comes from great leadership skills to do so, being humble enough to realize it.
That's what it is for me.
To you, what defines a great leader?
Well that's great.
I'm glad you're asking me that because that's really what I'm helping people to identify
with this quiz that I have that people can take because it's helping you to figure out
what your leadership style is.
So there are different styles.
There's the enthusiastic promoting style.
There's the excellence controlling style.
There's the analytical style, expert style, and then there's the empowerment style where
you have the ability to empower other people as you're more of a people person.
So what defines a great leader is someone who takes those skills that they have naturally
or their tendencies you would call them and then they are able from there to develop the
skills that are in the other three quadrants that they're not as strong at and be able
to apply some of those.
So for instance, I'm what they call it, what I call a chief enthusiasm officer which is
somebody who loves to come up with new ideas and loves to do new fun things.
And so then I might let go some of the other things that I need to do which is let's say
create systems or follow up with people or complete a project where someone on the opposite
spectrum is very deliberate about that but doesn't feel free to create new things.
So I think a great leader is always looking for ways to develop those skills that they
have so that they can increase their ability to reach more people.
Thank you for being here today.
I'm really happy that you tuned in to Vision Pros Live.
I'm looking forward to seeing your reactions as these episodes continue to move forward.
This is going to get more and more fun.
We'll have more and more engagement as well.
We'll invite people to participate in the show and thank you for giving us your time
and attention.
We're going to have an excellent time building out your vision and becoming a Vision Pro
yourself.