1 00:00:00,000 --> 00:00:10,520 So last week on the coaching business mentor we started to look at how to build a coaching 2 00:00:10,520 --> 00:00:15,840 business around a full-time job, family and other major commitments. 3 00:00:15,840 --> 00:00:22,000 We dove really deep into it and today we continue where we're going to be looking at how to 4 00:00:22,000 --> 00:00:29,440 maximize your three core resources, time, energy and money as you build your part-time 5 00:00:29,440 --> 00:00:30,720 coaching business. 6 00:00:30,720 --> 00:00:34,320 The truth though is whether you're building your business part-time or whether you're 7 00:00:34,320 --> 00:00:39,280 building it full-time you are going to get so much out of this episode. 8 00:00:39,280 --> 00:00:43,120 You're going to have a really good one here and I'm looking forward to sharing all of 9 00:00:43,120 --> 00:00:44,320 this with you. 10 00:00:44,320 --> 00:00:51,320 See you on the inside. 11 00:00:51,320 --> 00:00:52,320 Are you a coach? 12 00:00:52,320 --> 00:00:57,620 Do you need to get paying clients consistently but you don't want to waste countless hours 13 00:00:57,620 --> 00:01:00,080 trying to be famous in social media? 14 00:01:00,080 --> 00:01:05,100 Do you want a calendar full of appointments with quality prospects who want what you offer 15 00:01:05,100 --> 00:01:09,720 so you can convert premium clients month after month without stress? 16 00:01:09,720 --> 00:01:14,920 Now you can do just that when we help you implement the predictable profit machine for 17 00:01:14,920 --> 00:01:22,080 coaches, a business system that helps coaches consistently generate profits in their business. 18 00:01:22,080 --> 00:01:29,000 All you have to do is visit coachingbusinessmentor.show forward slash machine. 19 00:01:29,000 --> 00:01:33,760 Watch the short explainer video and then go ahead and book an appointment. 20 00:01:33,760 --> 00:01:39,360 Let us help you build a predictable profit machine around your own coaching expertise 21 00:01:39,360 --> 00:01:44,280 so you can start earning predictable profits in your business month after month. 22 00:01:44,280 --> 00:01:46,680 Hey and welcome to this episode. 23 00:01:46,680 --> 00:01:52,640 So right now we're moving on from where we ended episode five where we started to look 24 00:01:52,640 --> 00:01:59,000 at how to build a profitable part-time coaching business around your job, your family and 25 00:01:59,000 --> 00:02:00,000 other commitments. 26 00:02:00,000 --> 00:02:07,720 And last week we kind of started talking about this and we looked at the reality that you 27 00:02:07,720 --> 00:02:12,680 just have limited resources available to help you build this business. 28 00:02:12,680 --> 00:02:18,680 And we focused and we dove into the importance of setting realistic goals. 29 00:02:18,680 --> 00:02:22,880 One of the biggest challenges most coaches who are looking to build a part business have 30 00:02:22,880 --> 00:02:29,140 and one mistake they make is we set these big hairy audacious goals because we've listened 31 00:02:29,140 --> 00:02:35,320 to some motivational speaker who's got us to believe that we can take on the world and 32 00:02:35,320 --> 00:02:40,800 then we have marketers who have simplified the process and amplified the results you 33 00:02:40,800 --> 00:02:46,600 can get that you begin to have these really unrealistic goals that are just so far removed 34 00:02:46,600 --> 00:02:48,180 from reality. 35 00:02:48,180 --> 00:02:51,040 The challenge with that is two things. 36 00:02:51,040 --> 00:02:56,640 Number one, as reality begins to dawn on you, you begin to seem so disconnected from your 37 00:02:56,640 --> 00:03:00,400 dreams that you keep putting off doing what you need to do. 38 00:03:00,400 --> 00:03:07,240 The other thing is because these goals are so unrealistic, when you don't get anywhere 39 00:03:07,240 --> 00:03:14,000 close to them, it can begin to discourage you and it can begin to impact on your commitment 40 00:03:14,000 --> 00:03:16,120 to building your business. 41 00:03:16,120 --> 00:03:22,160 And so I shared with us in the last episode what a realistic goal is, a goal that would 42 00:03:22,160 --> 00:03:28,800 stretch you but will keep you going and help you on the way to achieving success in your 43 00:03:28,800 --> 00:03:29,960 coaching business. 44 00:03:29,960 --> 00:03:34,720 And I broke it down for you and showed you how any coach can go ahead and set this goal. 45 00:03:34,720 --> 00:03:40,480 But if you have missed episode five, I encourage you to, once we're done here, to go back and 46 00:03:40,480 --> 00:03:44,360 listen to that particular episode. 47 00:03:44,360 --> 00:03:48,780 This week, we're going to be focusing on maximizing your core resources. 48 00:03:48,780 --> 00:03:53,720 So earlier on, I talked about your core resources in the last episode and these core resources 49 00:03:53,720 --> 00:03:56,400 are time, money, and energy. 50 00:03:56,400 --> 00:04:00,320 We need to invest all these resources into growing our businesses if you are a heart 51 00:04:00,320 --> 00:04:05,040 led coach, but it's an even greater challenge when you have a full time job, you have a 52 00:04:05,040 --> 00:04:09,600 family, and you have other things that you are committed to. 53 00:04:09,600 --> 00:04:15,120 So today in this episode, we're going to look at how to maximize these three resources in 54 00:04:15,120 --> 00:04:20,280 your business towards actually achieving what you're looking to achieve, which is building 55 00:04:20,280 --> 00:04:25,280 that profitable business in spite of the fact that you have limited time, limited money, 56 00:04:25,280 --> 00:04:26,280 and limited energy. 57 00:04:26,280 --> 00:04:29,440 So let's dive deep into these and we'll take them one after the other. 58 00:04:29,440 --> 00:04:33,320 The first one we're going to look at is maximizing your time. 59 00:04:33,320 --> 00:04:41,040 Now, the interesting thing about time is time is that one resource that every human on the 60 00:04:41,040 --> 00:04:44,320 planet has an equal amount of. 61 00:04:44,320 --> 00:04:47,960 We all have 60 seconds in a minute. 62 00:04:47,960 --> 00:04:54,320 We all have 60 minutes and an hour, and we all have 24 hours in a day. 63 00:04:54,320 --> 00:04:56,480 We all have seven days in a week. 64 00:04:56,480 --> 00:05:04,040 We all have, well, 30, 31 days in a month, and we all have 365 days in a year. 65 00:05:04,040 --> 00:05:08,040 No one has any more or any less than anybody else. 66 00:05:08,040 --> 00:05:11,840 However, it's one thing to have this resource. 67 00:05:11,840 --> 00:05:16,700 It's another thing to maximize this resource to help us create the future that we have. 68 00:05:16,700 --> 00:05:25,520 The reality is what we're doing with our time today impacts on where we will be in the future. 69 00:05:25,520 --> 00:05:32,000 So in a sense, we create our future with what we're doing with our time today. 70 00:05:32,000 --> 00:05:40,200 We create the life we desire by what we're doing with our life or our time today. 71 00:05:40,200 --> 00:05:43,280 Technically, your time is your life. 72 00:05:43,280 --> 00:05:50,160 And if you want a better life five years from now, one year from now, one month from now, 73 00:05:50,160 --> 00:05:57,040 then it's important that we begin to pay attention to what we do with our time, because your 74 00:05:57,040 --> 00:06:00,700 time is your future and your time is your life. 75 00:06:00,700 --> 00:06:05,920 So basically, if you want to make the most of your life, you've got to really value and 76 00:06:05,920 --> 00:06:07,760 make the most of your time. 77 00:06:07,760 --> 00:06:12,800 Now, you need to invest your time in your business, but the reality is you already have 78 00:06:12,800 --> 00:06:15,360 a life that's placing a demand on your time. 79 00:06:15,360 --> 00:06:21,240 If you're working a job, you already have a job that takes up about eight hours a day 80 00:06:21,240 --> 00:06:22,240 of your life. 81 00:06:22,240 --> 00:06:27,840 If you have a family, you've got to invest a lot of time with that family. 82 00:06:27,840 --> 00:06:32,960 If you're probably commuting to work, that takes up time, right? 83 00:06:32,960 --> 00:06:37,280 Everything that you're involved in at the moment is placing a demand on your time. 84 00:06:37,280 --> 00:06:41,240 You're doing the school run, you're taking your children off to sports or that sort of 85 00:06:41,240 --> 00:06:43,840 thing, and maybe you're involved in your local church. 86 00:06:43,840 --> 00:06:47,760 All these different things will place a demand on your time. 87 00:06:47,760 --> 00:06:50,160 So let's look at what you can do. 88 00:06:50,160 --> 00:06:56,640 Let's just begin to look at what we can do to help us maximize the time that we invest 89 00:06:56,640 --> 00:07:00,680 in our business to get the most out of your time. 90 00:07:00,680 --> 00:07:04,720 The first thing I'm going to say we should do is we need to understand what we're doing 91 00:07:04,720 --> 00:07:06,440 with our time at the moment. 92 00:07:06,440 --> 00:07:07,920 How are you using your time? 93 00:07:07,920 --> 00:07:17,080 You would be surprised how most of us coaches don't really understand how much time we spend 94 00:07:17,080 --> 00:07:18,320 doing what. 95 00:07:18,320 --> 00:07:21,880 So the first thing we want to do is want to conduct a time log. 96 00:07:21,880 --> 00:07:26,160 Now it's a very simple process and you may have heard of this before, you may have even 97 00:07:26,160 --> 00:07:28,520 done this before, and if you have, that's great. 98 00:07:28,520 --> 00:07:30,200 I want you to do it again. 99 00:07:30,200 --> 00:07:34,080 I want us to conduct a time log over a one week period. 100 00:07:34,080 --> 00:07:35,360 So how do you do this? 101 00:07:35,360 --> 00:07:36,360 It's really simple. 102 00:07:36,360 --> 00:07:42,320 You set an alarm on your phone to go off every two minutes to the top of the hour. 103 00:07:42,320 --> 00:07:49,360 So if it's 7 a.m., basically at 7 58, this alarm is going to go off at two minutes to 104 00:07:49,360 --> 00:07:53,920 the top of the hour up until you go to bed. 105 00:07:53,920 --> 00:07:58,120 From the moment you wake up, this alarm will wake you up two minutes to when you would 106 00:07:58,120 --> 00:07:59,160 normally wake up. 107 00:07:59,160 --> 00:08:03,720 So if you'd normally wake up at six o'clock, this alarm would go off at 5 58 to wake you 108 00:08:03,720 --> 00:08:07,400 up and then you will log the time you spent sleeping. 109 00:08:07,400 --> 00:08:12,600 Every day, two minutes to the end of each hour, log what you have done that particular 110 00:08:12,600 --> 00:08:13,600 hour. 111 00:08:13,600 --> 00:08:16,440 And you want to do this for seven days. 112 00:08:16,440 --> 00:08:23,840 What you then want to do is you want to just go ahead and list out, you know, every activity 113 00:08:23,840 --> 00:08:27,020 that you're involved in, no matter what it is. 114 00:08:27,020 --> 00:08:32,440 So let's just say, you know, between 10 a.m. and 11 a.m. or technically 10 58, but we'll 115 00:08:32,440 --> 00:08:37,560 just go with 11 a.m. between 10 and 10 past 10. 116 00:08:37,560 --> 00:08:43,800 I was on the phone call with my brother discussing X, Y, Z between 10 10 and 10 40. 117 00:08:43,800 --> 00:08:49,200 I was working on a report for work, whatever it is, you just go ahead and you log all that 118 00:08:49,200 --> 00:08:52,320 stuff and you put it out, you know, for a whole week. 119 00:08:52,320 --> 00:08:58,400 And then you begin to pull out, you know, all the different activities, calls with family, 120 00:08:58,400 --> 00:08:59,400 reports at work. 121 00:08:59,400 --> 00:09:07,120 And those activities begin to just list them and then begin to work out how much time you 122 00:09:07,120 --> 00:09:10,840 spend on each of those activity every month. 123 00:09:10,840 --> 00:09:12,040 So you've logged it. 124 00:09:12,040 --> 00:09:16,880 Now you'll begin to allocate times to each of those activity throughout the week for 125 00:09:16,880 --> 00:09:19,640 that whole seven day period. 126 00:09:19,640 --> 00:09:23,000 Now that you've done that, have a look at that list. 127 00:09:23,000 --> 00:09:29,640 And I want you to rank every activity, first of all, every activity on a scale of one to 128 00:09:29,640 --> 00:09:38,880 ten based on how important this activity is towards helping you attain the life you desire 129 00:09:38,880 --> 00:09:40,320 five years from now. 130 00:09:40,320 --> 00:09:46,040 OK, so you have done your time log, you have listed all the activities from that time log 131 00:09:46,040 --> 00:09:52,800 into one sheet and you've identified how much time, how many minutes you spend on each 132 00:09:52,800 --> 00:09:59,040 activity each week or on that week, which is a good, you know, if you do this one week, 133 00:09:59,040 --> 00:10:04,240 except if it's a unique week, this should be a good identification of how you use your 134 00:10:04,240 --> 00:10:05,240 time. 135 00:10:05,240 --> 00:10:06,240 Right. 136 00:10:06,240 --> 00:10:10,280 Just rank it on a scale of one to ten of how important this particular activity is towards 137 00:10:10,280 --> 00:10:15,680 helping me attain the life that I desire five years from now, with one being it won't help 138 00:10:15,680 --> 00:10:20,200 me at all and ten being extremely and significantly helpful. 139 00:10:20,200 --> 00:10:22,000 OK. 140 00:10:22,000 --> 00:10:25,040 The next thing you want to do, we're going to come back to the rankings in a moment. 141 00:10:25,040 --> 00:10:28,680 The next thing you want to do is you want to go back to each of those activities and 142 00:10:28,680 --> 00:10:34,320 just ask yourself, OK, which one of those activities can you not outsource? 143 00:10:34,320 --> 00:10:36,200 You have to do this. 144 00:10:36,200 --> 00:10:39,040 It's important and you have to do it. 145 00:10:39,040 --> 00:10:44,560 Anything that is on a scale of maybe eight to ten, that is important. 146 00:10:44,560 --> 00:10:47,560 But also you have to do it. 147 00:10:47,560 --> 00:10:49,400 No one else can do it. 148 00:10:49,400 --> 00:10:52,240 Just identify it as something I must do. 149 00:10:52,240 --> 00:10:54,240 So that's a must do activity. 150 00:10:54,240 --> 00:10:55,240 OK. 151 00:10:55,240 --> 00:11:01,720 So a good one is if family time or a family event, the question might be, you know what, 152 00:11:01,720 --> 00:11:06,840 for the goals that the vision that I have for my future, this thing, I can't get rid 153 00:11:06,840 --> 00:11:07,840 of it. 154 00:11:07,840 --> 00:11:10,280 I can't outsource spending time with my family. 155 00:11:10,280 --> 00:11:11,840 Then it becomes a must do. 156 00:11:11,840 --> 00:11:16,200 So that because the next thing is what are the things that I can outsource or automate? 157 00:11:16,200 --> 00:11:18,760 What can I outsource or automate? 158 00:11:18,760 --> 00:11:23,200 So something that may or may not be so important. 159 00:11:23,200 --> 00:11:28,400 I would usually say anything that is between a five to ten, anything that is between a 160 00:11:28,400 --> 00:11:30,680 five to ten. 161 00:11:30,680 --> 00:11:35,800 Identify the things which are between five to ten, which you can maybe outsource or you 162 00:11:35,800 --> 00:11:37,960 can automate. 163 00:11:37,960 --> 00:11:43,520 And then finally, looking at this list, what can I just eliminate? 164 00:11:43,520 --> 00:11:47,680 What are the things that actually this thing is not serving my future? 165 00:11:47,680 --> 00:11:50,720 And that these are things which would usually between one and four. 166 00:11:50,720 --> 00:11:53,120 It really doesn't offer significant value. 167 00:11:53,120 --> 00:11:57,560 It's not helping me build the future that I desire. 168 00:11:57,560 --> 00:11:59,200 Why am I spending time on this thing? 169 00:11:59,200 --> 00:12:05,440 I would encourage you to either significantly identify this something you want to either 170 00:12:05,440 --> 00:12:10,880 eliminate or significantly reduce the amount of time you're spending on these things. 171 00:12:10,880 --> 00:12:11,880 Right. 172 00:12:11,880 --> 00:12:12,880 You've done a time log. 173 00:12:12,880 --> 00:12:14,680 First step is you do the time log for a week. 174 00:12:14,680 --> 00:12:18,200 The second thing is you list all the activities from that time log. 175 00:12:18,200 --> 00:12:19,200 OK. 176 00:12:19,200 --> 00:12:23,200 And the next thing is you identify over a week how much time you spend on each of these 177 00:12:23,200 --> 00:12:24,200 activities. 178 00:12:24,200 --> 00:12:28,320 Once you've done that, I rank them on a scale of one to ten with one being it's not important 179 00:12:28,320 --> 00:12:29,320 to my future. 180 00:12:29,320 --> 00:12:32,800 Ten being it's really, really important to my future. 181 00:12:32,800 --> 00:12:36,760 Then identify those things which are on your list, which are high ranking, like from an 182 00:12:36,760 --> 00:12:39,920 eight to ten, which you cannot outsource. 183 00:12:39,920 --> 00:12:42,160 You must do those things. 184 00:12:42,160 --> 00:12:49,280 Identify the things which are on a scale of five to ten, which you can outsource or you 185 00:12:49,280 --> 00:12:51,280 can automate them. 186 00:12:51,280 --> 00:12:56,560 And then finally, identify the things which are probably on a scale of one to four, which 187 00:12:56,560 --> 00:13:03,120 you probably will eliminate or you will reduce the amount of time you're doing those things. 188 00:13:03,120 --> 00:13:06,280 Everything should be assigned one of those things. 189 00:13:06,280 --> 00:13:10,360 Once you've now done this, this is really useful for you because now you're going to 190 00:13:10,360 --> 00:13:12,480 begin to restructure your life. 191 00:13:12,480 --> 00:13:15,760 You're going to be restructuring your time, which is restructuring your life. 192 00:13:15,760 --> 00:13:20,480 You would see some things, some things you have been spending time on, which have been 193 00:13:20,480 --> 00:13:21,480 stealing your time. 194 00:13:21,480 --> 00:13:26,000 And you're going to reduce or eliminate these things because now you're going to be allocating 195 00:13:26,000 --> 00:13:28,600 your time intentionally. 196 00:13:28,600 --> 00:13:33,720 So I'm not going to talk about how you allocate your time for your family and for other commitments. 197 00:13:33,720 --> 00:13:38,680 Look at your day and then begin to look at what you have done and begin to look at how 198 00:13:38,680 --> 00:13:43,320 you allocate time for work to be more productive at work, how you're going to be allocating 199 00:13:43,320 --> 00:13:46,760 time with your family, with other things to make sure you're more productive. 200 00:13:46,760 --> 00:13:51,840 But what I'm going to focus on really is your business, your coaching business. 201 00:13:51,840 --> 00:13:56,600 Now I want to look at how you're going to allocate times to your business each week 202 00:13:56,600 --> 00:14:02,960 and more importantly, how you will allocate time to specific activities. 203 00:14:02,960 --> 00:14:06,840 So you will free up time because you will have eliminated a few things you were wasting 204 00:14:06,840 --> 00:14:08,040 time on. 205 00:14:08,040 --> 00:14:11,520 Those things which aren't really important to your future, where you're putting a lot 206 00:14:11,520 --> 00:14:16,800 of time into, are the things which have been stealing your time or stealing your life. 207 00:14:16,800 --> 00:14:22,200 Now that you've identified them and you have eliminated them or you have reduced the amount 208 00:14:22,200 --> 00:14:25,920 of time you spend on them, we're going to take that time, we're going to put it into 209 00:14:25,920 --> 00:14:26,920 your business. 210 00:14:26,920 --> 00:14:27,920 Right? 211 00:14:27,920 --> 00:14:31,760 But now we also want to start to allocate what time am I going to spend doing what in 212 00:14:31,760 --> 00:14:33,520 my business? 213 00:14:33,520 --> 00:14:39,280 Identify what the core activities are in your business and then look at when you're going 214 00:14:39,280 --> 00:14:40,800 to spend time doing what. 215 00:14:40,800 --> 00:14:45,580 What time am I going to spend doing discovery calls, having conversations with prospects? 216 00:14:45,580 --> 00:14:50,240 What times during the week am I going to spend on client appointments when I'm meeting with 217 00:14:50,240 --> 00:14:52,780 my clients or working with my clients? 218 00:14:52,780 --> 00:14:56,080 What time am I going to spend during the week working on creating content? 219 00:14:56,080 --> 00:15:02,280 You'd sit down and you're going to plan this in and you're going to allocate this time 220 00:15:02,280 --> 00:15:03,760 into your calendar. 221 00:15:03,760 --> 00:15:09,440 Obviously, the focus here is on the time you're going to be investing in your business. 222 00:15:09,440 --> 00:15:13,480 My advice to you is in doing this activity, actually just look at how you restructure 223 00:15:13,480 --> 00:15:19,800 your time generally, because by restructuring your time generally, you are restructuring 224 00:15:19,800 --> 00:15:25,400 your life to help you build the future that you desire. 225 00:15:25,400 --> 00:15:26,680 This was very useful for you. 226 00:15:26,680 --> 00:15:29,280 When we're going to be going on the break now, when we come back, we're going to be 227 00:15:29,280 --> 00:15:33,080 looking at the two other resources that we need to look at maximizing. 228 00:15:33,080 --> 00:15:37,440 We're going to be looking at how to maximize your money and maximize your energy. 229 00:15:37,440 --> 00:15:40,140 See you in a bit. 230 00:15:40,140 --> 00:15:44,880 You are listening to the Coaching Business Mentor, the podcast focused on giving premium 231 00:15:44,880 --> 00:15:50,200 business advice to heart led coaches like you, helping them get more clients, help more 232 00:15:50,200 --> 00:15:53,320 people and make more money consistently. 233 00:15:53,320 --> 00:15:59,760 If you would like your questions answered and your business featured on this show, all 234 00:15:59,760 --> 00:16:08,400 you need to do is go to coachingbusinessmentor.show forward slash question and go ahead and ask 235 00:16:08,400 --> 00:16:13,960 your question there and hit the submit button and I will make sure that we answer your question 236 00:16:13,960 --> 00:16:15,840 here on the show. 237 00:16:15,840 --> 00:16:21,160 Also, there's three things I would like you to do for me if you're enjoying this show. 238 00:16:21,160 --> 00:16:28,200 Number one, I'd like you to subscribe so you get notified every time we release a new episode. 239 00:16:28,200 --> 00:16:33,680 Number two, I'd like you to leave a review letting other people know how much value you 240 00:16:33,680 --> 00:16:35,120 got out of the show. 241 00:16:35,120 --> 00:16:40,960 And finally, I would like you to share this episode with three coaches who you know would 242 00:16:40,960 --> 00:16:43,480 get value out of listening to it. 243 00:16:43,480 --> 00:16:44,480 That's it. 244 00:16:44,480 --> 00:16:47,000 Let's go ahead and continue with the show. 245 00:16:47,000 --> 00:16:48,520 Okay, and welcome back. 246 00:16:48,520 --> 00:16:54,280 Now we're going to dive into the next element that we're looking to maximize, which is maximizing 247 00:16:54,280 --> 00:16:55,280 our money. 248 00:16:55,280 --> 00:17:00,480 I'm going to give you one useful tip, actually, of maximizing all three resources. 249 00:17:00,480 --> 00:17:04,480 And I'm going to share this with you at the end of the show, but now let's focus on the 250 00:17:04,480 --> 00:17:05,480 money. 251 00:17:05,480 --> 00:17:12,120 Now, money is a limited resource and unlike time, we don't have equal amounts of it. 252 00:17:12,120 --> 00:17:15,600 And it's really important to ensure that every penny counts. 253 00:17:15,600 --> 00:17:19,960 So some people will have access to more money than others, depending on a lot of different 254 00:17:19,960 --> 00:17:22,000 factors that we're not going to dive into. 255 00:17:22,000 --> 00:17:27,120 I don't want to make this a course about managing money, but just to focus on a few key things 256 00:17:27,120 --> 00:17:34,760 that you can do to maximize your money as you are looking to grow your business, especially 257 00:17:34,760 --> 00:17:37,640 if you have a job, a family, and these other commitments. 258 00:17:37,640 --> 00:17:41,580 Now, what I feel would be a good idea is for me to share with you exactly what I did. 259 00:17:41,580 --> 00:17:47,800 And just from what I did, we can pull out a few things that you could look to use and 260 00:17:47,800 --> 00:17:49,920 utilize to help you with this. 261 00:17:49,920 --> 00:17:54,120 The first thing that I did when I started out in business and I had a full-time job 262 00:17:54,120 --> 00:17:58,700 was I really focused on minimizing my cost of living. 263 00:17:58,700 --> 00:18:02,000 The thing is your income, there's just so much you can earn. 264 00:18:02,000 --> 00:18:08,560 But what I did was I looked at how I could really spend as little as possible on just 265 00:18:08,560 --> 00:18:09,560 living. 266 00:18:09,560 --> 00:18:14,640 So we stayed in a small council apartment and we stayed there for quite a while. 267 00:18:14,640 --> 00:18:16,480 Yes, we did buy the place. 268 00:18:16,480 --> 00:18:21,880 We're looking to manage our costs and keep our costs as low as possible. 269 00:18:21,880 --> 00:18:27,120 We did more staycations, so we didn't do a lot of traveling abroad and just took very, 270 00:18:27,120 --> 00:18:29,960 very cheap vacations, very, very cheap holidays. 271 00:18:29,960 --> 00:18:32,040 And we still enjoyed them. 272 00:18:32,040 --> 00:18:36,760 We did a lot of visits, visited a lot of places in the country and we would drive there and 273 00:18:36,760 --> 00:18:40,800 stay at a local hotel, not too expensive. 274 00:18:40,800 --> 00:18:44,640 And we'll just have the opportunity to just go around and visit all sorts of lovely places 275 00:18:44,640 --> 00:18:49,200 and enjoy the experience without having to spend a truckload of money. 276 00:18:49,200 --> 00:18:54,960 Low budget shopping at the time, I didn't have a car, especially because I enjoyed free 277 00:18:54,960 --> 00:18:57,360 travel on the trains and the buses. 278 00:18:57,360 --> 00:18:59,480 And so I didn't have a car. 279 00:18:59,480 --> 00:19:01,320 I just cut out that expense. 280 00:19:01,320 --> 00:19:04,440 I didn't want to have the monthly expense of running a car. 281 00:19:04,440 --> 00:19:09,860 When I eventually did buy a car, I've got an old banger that could just get me around. 282 00:19:09,860 --> 00:19:15,460 It wasn't the car of my dreams, but it was a car that I could drive at the time to help 283 00:19:15,460 --> 00:19:16,680 me to build my dream. 284 00:19:16,680 --> 00:19:21,800 And I think that's the critical thing is this is not the time to start looking at going 285 00:19:21,800 --> 00:19:27,200 on the holiday of your dreams, living in the house of your dreams or buying the car of 286 00:19:27,200 --> 00:19:28,200 your dreams. 287 00:19:28,200 --> 00:19:36,200 This is the time where you want to focus on building your dream and just focus on minimizing 288 00:19:36,200 --> 00:19:38,680 the cost of living at the moment. 289 00:19:38,680 --> 00:19:41,960 You can live this way and still have a good life. 290 00:19:41,960 --> 00:19:45,880 You don't have to drive that fancy car or wear those really expensive clothes or go 291 00:19:45,880 --> 00:19:48,480 on that really fancy holiday. 292 00:19:48,480 --> 00:19:53,720 You can still have a good life and still minimize the cost of your living. 293 00:19:53,720 --> 00:19:58,640 And what this did for me is it freed up money for me to invest in my business. 294 00:19:58,640 --> 00:20:00,760 So that's what it did for me. 295 00:20:00,760 --> 00:20:06,040 And I look back now and now I've been able to move into a bigger place and get a car 296 00:20:06,040 --> 00:20:10,880 that I prefer and go on holiday to places that I dreamt of. 297 00:20:10,880 --> 00:20:12,640 Now I'm able to do that. 298 00:20:12,640 --> 00:20:17,640 And that's what I'm suggesting is try to minimize the cost of your living. 299 00:20:17,640 --> 00:20:22,720 This would free up money for you to be able to invest in growing your business. 300 00:20:22,720 --> 00:20:25,760 And I'll just quickly talk about three types of expenses. 301 00:20:25,760 --> 00:20:26,760 First one, the running costs. 302 00:20:26,760 --> 00:20:33,360 And these are the costs or the expenses that you need to make in order to keep your business 303 00:20:33,360 --> 00:20:34,360 going. 304 00:20:34,360 --> 00:20:37,880 So if you had an office, for example, and I would not recommend you have an office, 305 00:20:37,880 --> 00:20:39,520 by the way, that would be a running cost. 306 00:20:39,520 --> 00:20:44,820 And this brings me to the other thing, which is as far as running costs are concerned, 307 00:20:44,820 --> 00:20:48,920 these are things that you must have. 308 00:20:48,920 --> 00:20:54,120 Because the money you must spend in order for your business to function. 309 00:20:54,120 --> 00:20:56,760 So this is not the time to get really fancy things. 310 00:20:56,760 --> 00:20:59,040 This is not the time to get an office. 311 00:20:59,040 --> 00:21:00,040 You don't need an office. 312 00:21:00,040 --> 00:21:04,440 As a coach, these days, you really technically don't need an office. 313 00:21:04,440 --> 00:21:09,260 You can have virtual meetings with clients anywhere in the world and work with them without 314 00:21:09,260 --> 00:21:10,720 having them come into an office. 315 00:21:10,720 --> 00:21:15,640 Now, if you happen to have a different kind of business that maybe you do need to have 316 00:21:15,640 --> 00:21:19,920 an office allocation, then you can explore that and that would be a part of your running 317 00:21:19,920 --> 00:21:20,920 costs. 318 00:21:20,920 --> 00:21:22,120 So there's your running costs. 319 00:21:22,120 --> 00:21:27,120 You want to make sure everything you need you invest in, but try to keep this as tight 320 00:21:27,120 --> 00:21:28,240 as possible. 321 00:21:28,240 --> 00:21:30,680 Try to make sure it's not massive. 322 00:21:30,680 --> 00:21:34,840 The key thing, if there's anything that shouldn't be on there, don't put it on there until you 323 00:21:34,840 --> 00:21:36,600 can afford to put it on there. 324 00:21:36,600 --> 00:21:39,720 The other cost is R&D, research and development. 325 00:21:39,720 --> 00:21:41,420 Now this is really important. 326 00:21:41,420 --> 00:21:48,300 This was where I put the most of my income that was coming in and my business was into 327 00:21:48,300 --> 00:21:49,760 research and development. 328 00:21:49,760 --> 00:21:51,280 It was in learning more. 329 00:21:51,280 --> 00:21:53,980 So it was personal development, learning more about the business. 330 00:21:53,980 --> 00:21:59,840 It was investing and going to programs and mentoring programs and masterminds and just 331 00:21:59,840 --> 00:22:05,480 anything that could help me to learn more about how to grow my business and to develop 332 00:22:05,480 --> 00:22:12,560 me to be able to have a better business tomorrow, be a better coach or a better business person. 333 00:22:12,560 --> 00:22:17,800 So anything that's investing and developing you as a coach, developing you as a business 334 00:22:17,800 --> 00:22:22,800 person, growing your business and growing you, that's R&D and that's really where I 335 00:22:22,800 --> 00:22:25,760 would suggest you want to put some of your money. 336 00:22:25,760 --> 00:22:29,900 Now in running costs, one of the key things, sorry, I should have mentioned this is marketing. 337 00:22:29,900 --> 00:22:32,880 There should be a marketing budget as well, which will be a part of your running costs 338 00:22:32,880 --> 00:22:35,740 because you will need to market for your business to function. 339 00:22:35,740 --> 00:22:40,320 So you should have an element of your cost, which is marketing. 340 00:22:40,320 --> 00:22:45,240 Now there's one other type of expense that I want to talk about and I call this major 341 00:22:45,240 --> 00:22:46,240 growth investments. 342 00:22:46,240 --> 00:22:52,500 At some point you will decide that there is a major investment you need to make and taking 343 00:22:52,500 --> 00:22:55,040 your business to that next level. 344 00:22:55,040 --> 00:22:58,340 And many of us, all of us at some point will get to that stage. 345 00:22:58,340 --> 00:23:03,760 Some people make that decision very, very early in order to start to really see that 346 00:23:03,760 --> 00:23:04,760 growth happen. 347 00:23:04,760 --> 00:23:08,160 For some people it might be a little later in your business you realize you need to make 348 00:23:08,160 --> 00:23:12,840 a major investment to grow your business to that next level. 349 00:23:12,840 --> 00:23:15,840 A classic example is predictable profits machine. 350 00:23:15,840 --> 00:23:20,320 For a lot of coaches who come in to work with us, this is a major growth investment. 351 00:23:20,320 --> 00:23:25,020 They've seen that, okay, the predictable profits machine is something that can help them take 352 00:23:25,020 --> 00:23:26,560 their business to that next level. 353 00:23:26,560 --> 00:23:29,040 But it's not a cheap program. 354 00:23:29,040 --> 00:23:30,680 It's thousands of dollars. 355 00:23:30,680 --> 00:23:39,120 And usually this is the one time only if you have something like this, a major growth investment 356 00:23:39,120 --> 00:23:45,040 is where you could start looking at borrowing money to invest in your business. 357 00:23:45,040 --> 00:23:49,760 I want to warn you, I want to warn you right now, and it's a recommendation, but also a 358 00:23:49,760 --> 00:23:50,760 warning. 359 00:23:50,760 --> 00:23:57,720 Be very careful about borrowing money just in order to just maintain the way you live 360 00:23:57,720 --> 00:23:58,720 your life. 361 00:23:58,720 --> 00:24:01,880 What I mean is don't borrow money to buy a fancy car. 362 00:24:01,880 --> 00:24:04,020 Don't borrow money to go away on holiday. 363 00:24:04,020 --> 00:24:08,160 Don't borrow money in anything that is a consumer expense. 364 00:24:08,160 --> 00:24:10,560 Don't borrow money to get a nicer television. 365 00:24:10,560 --> 00:24:15,560 But if you're looking to borrow money to invest in growing your business, then that's the 366 00:24:15,560 --> 00:24:19,320 one area where I would say yes, at some point you make that decision. 367 00:24:19,320 --> 00:24:22,760 I am going to make this investment to take my business to the next level. 368 00:24:22,760 --> 00:24:29,000 That should be the only time you as a business owner who is looking to transition into building 369 00:24:29,000 --> 00:24:33,840 a successful business and should be doing and should be looking at and should be focusing 370 00:24:33,840 --> 00:24:34,840 on borrowing. 371 00:24:34,840 --> 00:24:37,440 Apart from that, please don't borrow money. 372 00:24:37,440 --> 00:24:39,320 It's not a good idea. 373 00:24:39,320 --> 00:24:41,080 We've talked about maximizing your time. 374 00:24:41,080 --> 00:24:42,640 We've talked about maximizing your money. 375 00:24:42,640 --> 00:24:45,040 Now I'm going to talk about maximizing your energy. 376 00:24:45,040 --> 00:24:49,720 And when I'm talking about energy, I mean both your physical energy as well as your mental 377 00:24:49,720 --> 00:24:50,920 energy. 378 00:24:50,920 --> 00:24:56,400 And this is the one resource, energy is the one resource that I realized that entrepreneurs 379 00:24:56,400 --> 00:24:57,520 ignore. 380 00:24:57,520 --> 00:25:01,960 If there's one resource that entrepreneurs don't value, it's their energy. 381 00:25:01,960 --> 00:25:06,440 In fact, many of them abuse their energy and they glory in it. 382 00:25:06,440 --> 00:25:10,280 How many of you have heard of people who say, you know, I don't sleep until one o'clock 383 00:25:10,280 --> 00:25:13,320 and I am already awake by five o'clock and I'm into work. 384 00:25:13,320 --> 00:25:17,000 Why should I be sleeping when I'm supposed to be out there changing the world and making 385 00:25:17,000 --> 00:25:18,000 money? 386 00:25:18,000 --> 00:25:19,000 And people say that. 387 00:25:19,000 --> 00:25:25,440 And a lot of people think that that's a good thing until they get burnt out and they crash. 388 00:25:25,440 --> 00:25:31,040 The reality is this, if you don't manage your energy and if you just feel, you know what, 389 00:25:31,040 --> 00:25:39,640 I'm full of positive energy, I'm a go-getter, I'm a high energy, I'm driven and you abuse 390 00:25:39,640 --> 00:25:45,200 your physical and your mental health and you don't take care of your wellbeing, you will 391 00:25:45,200 --> 00:25:50,520 crash, you will burn out and it would be hard to recover. 392 00:25:50,520 --> 00:25:56,720 And this that I'm talking about right now, I can identify with this because this happened 393 00:25:56,720 --> 00:25:57,720 to me. 394 00:25:57,720 --> 00:26:04,240 This actually, as I'm sharing this with you, it's impacting on me because I know how much 395 00:26:04,240 --> 00:26:10,400 burnout impacted on me and my personal life as well as in my business life. 396 00:26:10,400 --> 00:26:16,640 And retrospectively, if there's one thing I would have done differently is I would have 397 00:26:16,640 --> 00:26:25,200 taken time and taken care of myself and paid attention to my energy and use my energy more 398 00:26:25,200 --> 00:26:31,760 effectively and more efficiently in order to maintain a high level of productivity without 399 00:26:31,760 --> 00:26:34,280 burning myself out. 400 00:26:34,280 --> 00:26:38,440 But I'll go into more detail about my story, my burnout story in another episode. 401 00:26:38,440 --> 00:26:40,720 I will share that with you. 402 00:26:40,720 --> 00:26:44,200 But today what I'm going to do is I'm just going to share a few tips for managing your 403 00:26:44,200 --> 00:26:45,200 energy. 404 00:26:45,200 --> 00:26:47,360 I'm just going to zip through these and let's go. 405 00:26:47,360 --> 00:26:51,560 The very first one is this, eat more for your health than for your pleasure. 406 00:26:51,560 --> 00:26:53,120 And I think this is important. 407 00:26:53,120 --> 00:26:54,560 You're building a future. 408 00:26:54,560 --> 00:26:58,960 It's not just about food tasting nice and, you know, comforting to eat this. 409 00:26:58,960 --> 00:27:02,960 And that's all good for the person who's not building anything. 410 00:27:02,960 --> 00:27:05,720 But you are building a future. 411 00:27:05,720 --> 00:27:09,400 You've got to eat for your health, for your, you've got to make sure that everything you're 412 00:27:09,400 --> 00:27:16,720 feeding your body is intentionally helping you to maintain a highly energized body and 413 00:27:16,720 --> 00:27:18,600 a highly energized mind. 414 00:27:18,600 --> 00:27:22,680 Is this food that I'm feeding myself good for my body and good for my mind? 415 00:27:22,680 --> 00:27:26,120 Questions you need to ask yourself every time something goes into your body. 416 00:27:26,120 --> 00:27:35,280 Is this fuel to help me build energy or is this poison which is slowly, slowly killing 417 00:27:35,280 --> 00:27:37,120 my body or killing my mind? 418 00:27:37,120 --> 00:27:39,600 I really encourage you to just pay attention to this. 419 00:27:39,600 --> 00:27:40,600 I'm not a nutritionist. 420 00:27:40,600 --> 00:27:42,480 I'm not going to dive deep into this. 421 00:27:42,480 --> 00:27:45,680 There's a lot of research you can do around healthy eating. 422 00:27:45,680 --> 00:27:48,120 And I encourage you to pay attention to that. 423 00:27:48,120 --> 00:27:51,880 Number two, rest your body and mind regularly. 424 00:27:51,880 --> 00:27:53,620 Please. 425 00:27:53,620 --> 00:27:58,000 Every hour, try to find two minutes or more to rest. 426 00:27:58,000 --> 00:27:59,320 Every day. 427 00:27:59,320 --> 00:28:05,020 Try to make sure that you take out some time when you're awake, about an hour or 30 minutes 428 00:28:05,020 --> 00:28:09,160 when you're awake to just take a break from work. 429 00:28:09,160 --> 00:28:10,480 Take a break from work. 430 00:28:10,480 --> 00:28:11,920 Take a break from everything. 431 00:28:11,920 --> 00:28:14,040 Take a break and just have some alone time. 432 00:28:14,040 --> 00:28:16,600 Have some relaxation time. 433 00:28:16,600 --> 00:28:18,160 And also try to sleep early. 434 00:28:18,160 --> 00:28:21,080 Try to get those eight hours in every night. 435 00:28:21,080 --> 00:28:23,120 Try to take a break every week. 436 00:28:23,120 --> 00:28:24,120 Take a day off. 437 00:28:24,120 --> 00:28:28,160 They'll take a few days off every month and just go away from home, go to a different 438 00:28:28,160 --> 00:28:32,840 environment and just rest away from work and rest away from life. 439 00:28:32,840 --> 00:28:38,120 Take time to rest your body and rest your mind regularly. 440 00:28:38,120 --> 00:28:40,080 Next thing I'm going to talk about is exercise. 441 00:28:40,080 --> 00:28:41,440 Exercise your body and your mind regularly. 442 00:28:41,440 --> 00:28:44,840 Again, I'm not going to dive deep into what you should do here. 443 00:28:44,840 --> 00:28:48,760 There's a lot of resources out there, but I encourage you to really do this. 444 00:28:48,760 --> 00:28:51,360 And I'll share a quick tip though. 445 00:28:51,360 --> 00:28:54,200 Find exercise that's fun for you. 446 00:28:54,200 --> 00:28:59,880 It's better to do something you enjoy than to do something you don't enjoy, especially 447 00:28:59,880 --> 00:29:02,480 if it's helping your body. 448 00:29:02,480 --> 00:29:06,120 The more fun it is, the more likely you are to do it. 449 00:29:06,120 --> 00:29:07,440 I have friends who run. 450 00:29:07,440 --> 00:29:08,480 They enjoy running. 451 00:29:08,480 --> 00:29:10,240 They go on and on and on about running. 452 00:29:10,240 --> 00:29:12,160 I hate running. 453 00:29:12,160 --> 00:29:16,560 Anything that's longer than a hundred meters for me, I don't like it, but I love to play 454 00:29:16,560 --> 00:29:17,560 squash. 455 00:29:17,560 --> 00:29:22,120 I go to the squash court and I can go on and on and on and I'm all over the place. 456 00:29:22,120 --> 00:29:23,400 I'm stretching my joints. 457 00:29:23,400 --> 00:29:26,880 I'm doing all of that and I have fun and I actually enjoy it. 458 00:29:26,880 --> 00:29:33,560 And I'm able to exercise my muscles and my joints and my heart doing something that I 459 00:29:33,560 --> 00:29:34,560 enjoy. 460 00:29:34,560 --> 00:29:39,600 If I was going to just run, I'd run for a minute and I just don't want to do it anymore. 461 00:29:39,600 --> 00:29:41,960 And then the next day I'm reluctant to go. 462 00:29:41,960 --> 00:29:45,680 But anytime a friend says, she would go to the squash court, I'm up for it. 463 00:29:45,680 --> 00:29:46,680 I enjoy it. 464 00:29:46,680 --> 00:29:47,960 And I still get the exercise in. 465 00:29:47,960 --> 00:29:53,600 The key lesson here is find the exercise that you enjoy because the more you enjoy it, the 466 00:29:53,600 --> 00:29:55,560 more likely you are to do it. 467 00:29:55,560 --> 00:30:02,040 Number four is disconnect from energy drainers and surround yourself with people who contribute 468 00:30:02,040 --> 00:30:03,300 to your wellbeing. 469 00:30:03,300 --> 00:30:08,820 The reality is the people who you relate with, there's some people who will drain you of 470 00:30:08,820 --> 00:30:12,080 energy because of all their negativity. 471 00:30:12,080 --> 00:30:13,080 Just because of their attitude. 472 00:30:13,080 --> 00:30:14,740 There's just something about them. 473 00:30:14,740 --> 00:30:18,880 When you are around them, they just drain you of energy. 474 00:30:18,880 --> 00:30:22,240 And you know some people where you've had a conversation with this person and then for 475 00:30:22,240 --> 00:30:26,120 the next two hours, you just can't focus. 476 00:30:26,120 --> 00:30:28,640 They just upset you so much. 477 00:30:28,640 --> 00:30:33,840 Whether they scared you, whether they've annoyed you, whatever it is, but there's just something 478 00:30:33,840 --> 00:30:38,840 about being around them just drains you of energy. 479 00:30:38,840 --> 00:30:39,840 Disconnect from them. 480 00:30:39,840 --> 00:30:41,840 They are not good for your future. 481 00:30:41,840 --> 00:30:48,040 So surround yourself with people who contribute to your wellbeing, who inspire you, who motivate 482 00:30:48,040 --> 00:30:52,480 you, who encourage you, who when you spend time with them, you feel like you can go out 483 00:30:52,480 --> 00:30:55,000 there and take on the world and win. 484 00:30:55,000 --> 00:31:00,000 Be intentional about the people you allow into your space because it impacts on your 485 00:31:00,000 --> 00:31:01,480 overall energy. 486 00:31:01,480 --> 00:31:03,200 Get rid of the drainers. 487 00:31:03,200 --> 00:31:04,760 Get rid of the drainers in your life. 488 00:31:04,760 --> 00:31:06,080 Who are these people? 489 00:31:06,080 --> 00:31:07,200 Get rid of them. 490 00:31:07,200 --> 00:31:10,520 They don't need to be in your life because you're going somewhere and they will hinder 491 00:31:10,520 --> 00:31:12,400 you from getting there. 492 00:31:12,400 --> 00:31:17,960 And then the next one, which is really important, number five, love your neighbor as yourself, 493 00:31:17,960 --> 00:31:20,240 not than yourself. 494 00:31:20,240 --> 00:31:25,040 Love your neighbor as yourself, not than yourself. 495 00:31:25,040 --> 00:31:30,260 It's really important that you make choices with your best interests at heart. 496 00:31:30,260 --> 00:31:31,640 What does that mean? 497 00:31:31,640 --> 00:31:32,920 Classic example. 498 00:31:32,920 --> 00:31:38,240 You've got to be very comfortable saying no to people without feeling guilty. 499 00:31:38,240 --> 00:31:42,600 Somebody might need something from you, they might need something from you, but you don't 500 00:31:42,600 --> 00:31:44,720 have the capacity to do it. 501 00:31:44,720 --> 00:31:48,440 But because you don't want to let them down, you say yes to them. 502 00:31:48,440 --> 00:31:51,280 You are loving them more than you are loving yourself. 503 00:31:51,280 --> 00:31:53,280 You're helping them, but hurting yourself. 504 00:31:53,280 --> 00:31:56,920 Do not hurt yourself by helping others because eventually you will burn out. 505 00:31:56,920 --> 00:32:00,000 And when you burn out, they'll move on to someone else to help them when you can no 506 00:32:00,000 --> 00:32:02,880 longer, when you no longer have the capacity to help them. 507 00:32:02,880 --> 00:32:06,600 And this is really important for a lot of people who just feel like can't say no. 508 00:32:06,600 --> 00:32:07,600 This is the problem. 509 00:32:07,600 --> 00:32:09,880 You won't say no, you take on more than you can handle. 510 00:32:09,880 --> 00:32:14,080 You get overwhelmed, you begin to get stressed, and at some point you will then disappoint 511 00:32:14,080 --> 00:32:17,320 them because you can't really deliver your stress, your burnt out. 512 00:32:17,320 --> 00:32:18,320 What do they do? 513 00:32:18,320 --> 00:32:22,160 They go look for the next sucker who they can go up to and ask for help who won't say 514 00:32:22,160 --> 00:32:23,800 no, and they'll just keep doing that. 515 00:32:23,800 --> 00:32:27,920 You've got to be comfortable to say, I'd love to help you, but right now I have too much 516 00:32:27,920 --> 00:32:28,920 on my plate. 517 00:32:28,920 --> 00:32:31,040 I will not be able to do this now. 518 00:32:31,040 --> 00:32:35,240 And be very comfortable doing this without feeling guilty. 519 00:32:35,240 --> 00:32:37,720 Love your neighbor, but not more than yourself. 520 00:32:37,720 --> 00:32:39,320 Love yourself too. 521 00:32:39,320 --> 00:32:47,040 Love yourself enough to do things and make choices that have your best interest at heart. 522 00:32:47,040 --> 00:32:50,480 And then finally, number six, create time for fun. 523 00:32:50,480 --> 00:32:51,520 Create time for fun. 524 00:32:51,520 --> 00:32:53,800 If you don't have fun, you'll burn out. 525 00:32:53,800 --> 00:32:58,440 You have limited time and you want to invest your time wisely so you can maximize your 526 00:32:58,440 --> 00:33:03,760 time, but it's really important that you understand your body and your mind needs to relax. 527 00:33:03,760 --> 00:33:08,360 That you need to be able to enjoy life as you do life. 528 00:33:08,360 --> 00:33:09,920 Yes, you're building a business. 529 00:33:09,920 --> 00:33:11,360 Yes, you're running a family. 530 00:33:11,360 --> 00:33:12,520 Yes, you've got a job. 531 00:33:12,520 --> 00:33:15,800 You've got all these other commitments, but you've just got the one life. 532 00:33:15,800 --> 00:33:19,760 What's the point of going through life without enjoying life? 533 00:33:19,760 --> 00:33:22,160 So it doesn't have to be a lot of time. 534 00:33:22,160 --> 00:33:24,200 It doesn't have to be a lot of money. 535 00:33:24,200 --> 00:33:28,720 It doesn't have to be a lot of energy, but just invest some time, some money and some 536 00:33:28,720 --> 00:33:33,680 energy, or maybe a little more of one than the other to actually just enjoy moments. 537 00:33:33,680 --> 00:33:39,600 Find moments, find ways to create fun moments, enjoyable moments, and create some memories 538 00:33:39,600 --> 00:33:44,400 on the way to building this phenomenal business that you're building that is changing lives. 539 00:33:44,400 --> 00:33:49,080 Really, really important that you do this. 540 00:33:49,080 --> 00:33:54,400 I did say that there was one thing that I was going to share with you before we go off. 541 00:33:54,400 --> 00:34:01,360 So you have this goal, this reasonable goal that you're looking to achieve. 542 00:34:01,360 --> 00:34:04,480 Find work that is close to home, if you can. 543 00:34:04,480 --> 00:34:06,540 This is one of the things that I encourage you to do. 544 00:34:06,540 --> 00:34:10,640 This was one thing I should have done that I didn't do because I remember then my long 545 00:34:10,640 --> 00:34:12,240 commutes to work and back. 546 00:34:12,240 --> 00:34:18,320 I leave work and I am tired, but it would take me about 90 minutes to two hours to get 547 00:34:18,320 --> 00:34:23,080 home and the commute going in the trains and in the buses and the underground. 548 00:34:23,080 --> 00:34:26,960 And by the time I get home, I am drained. 549 00:34:26,960 --> 00:34:32,440 And it was so hard for me to recover and then find time to do anything as far as my business 550 00:34:32,440 --> 00:34:33,440 was concerned. 551 00:34:33,440 --> 00:34:40,020 What I would do differently now is I'd find work closer to home, even if it was making 552 00:34:40,020 --> 00:34:43,060 me a little less money than I was making from my job. 553 00:34:43,060 --> 00:34:45,520 Even these days, you can actually find work that's remote. 554 00:34:45,520 --> 00:34:48,280 If you can find remote work, even better. 555 00:34:48,280 --> 00:34:56,040 And also work that is minimal stress, maximum pay, the most you can get without too much 556 00:34:56,040 --> 00:35:00,400 stress, and also where it's closer to home. 557 00:35:00,400 --> 00:35:04,740 This way, it just means that you can still do a good job. 558 00:35:04,740 --> 00:35:08,160 And if you can find work that you enjoy, that's even better. 559 00:35:08,160 --> 00:35:14,280 So a job that you enjoy that is closer to home, that's minimal stress and that's maximum 560 00:35:14,280 --> 00:35:18,720 income opportunity within that role, as well as growth opportunities. 561 00:35:18,720 --> 00:35:20,520 And then just live lean. 562 00:35:20,520 --> 00:35:22,680 This key thing, live lean, live lean. 563 00:35:22,680 --> 00:35:23,940 You're building a future. 564 00:35:23,940 --> 00:35:31,400 So live lean today, live lean, put your money, your energy and time into growing your business. 565 00:35:31,400 --> 00:35:35,400 Find a community you can be a part of and find a mentor. 566 00:35:35,400 --> 00:35:39,680 Having this right community, the right people around you to create the right energy, the 567 00:35:39,680 --> 00:35:46,800 right support, having a mentor who would guide you and help you to not make too many mistakes 568 00:35:46,800 --> 00:35:50,600 on the journey to where you're going and help accelerate your growth. 569 00:35:50,600 --> 00:35:54,040 These are the things that make a big difference. 570 00:35:54,040 --> 00:35:58,400 You do this and this will really help you maximize these three resources and help you 571 00:35:58,400 --> 00:36:01,120 on the road to building a phenomenal business. 572 00:36:01,120 --> 00:36:05,720 And by the way, in next episode, I'm going to be sharing some more information about 573 00:36:05,720 --> 00:36:08,440 my mastermind and mentoring group. 574 00:36:08,440 --> 00:36:13,720 I haven't run one in a few years, but I'm going to be launching a new one. 575 00:36:13,720 --> 00:36:18,280 And there's an opportunity for you to not just be a part of it, but actually come on 576 00:36:18,280 --> 00:36:23,640 early at some special discounted pricing, but you'll get all the information about that 577 00:36:23,640 --> 00:36:24,800 during our next episode. 578 00:36:24,800 --> 00:36:26,560 I hope this has been useful for you. 579 00:36:26,560 --> 00:36:28,440 Don't forget to get the word out there. 580 00:36:28,440 --> 00:36:30,940 Don't forget it's not what you know that counts. 581 00:36:30,940 --> 00:36:33,660 It is what you do with what you know. 582 00:36:33,660 --> 00:36:39,440 So take all this stuff, go ahead and implement it and look forward to being a part of your 583 00:36:39,440 --> 00:36:41,040 success story. 584 00:36:41,040 --> 00:36:44,500 Next episode, we're going to be discussing how to build a solid business foundation for 585 00:36:44,500 --> 00:36:46,120 your coaching business. 586 00:36:46,120 --> 00:36:48,520 And I promise you, it's going to be great. 587 00:36:48,520 --> 00:36:52,640 All right, let's keep changing lives and let's keep getting paid. 588 00:36:52,640 --> 00:36:54,000 See you on the next episode. 589 00:36:54,000 --> 00:37:00,400 My name is DJ Sabanjo and bye for now. 590 00:37:00,400 --> 00:37:04,020 You have been listening to the Coaching Business Mentor podcast. 591 00:37:04,020 --> 00:37:09,220 The podcast focused on giving premium business advice to heart led coaches, helping them 592 00:37:09,220 --> 00:37:14,140 get more clients, help more people and make more money consistently. 593 00:37:14,140 --> 00:37:18,800 If you enjoy this episode, I'd like to encourage you to do three things very quickly. 594 00:37:18,800 --> 00:37:21,240 Number one, subscribe to this podcast. 595 00:37:21,240 --> 00:37:27,200 Number two, I'd like you to leave a review about the podcast and how useful it was for 596 00:37:27,200 --> 00:37:28,200 you. 597 00:37:28,200 --> 00:37:32,640 And number three, I would like you to share this podcast episode with three coaches who 598 00:37:32,640 --> 00:37:36,400 you know would benefit from this. 599 00:37:36,400 --> 00:37:38,100 Thank you so very much for listening. 600 00:37:38,100 --> 00:37:40,640 If you do want to follow me, you can find me on Instagram. 601 00:37:40,640 --> 00:37:46,960 It's DJ Sabanjo and I look forward to continue to be a part of your success story. 602 00:37:46,960 --> 00:37:52,000 Let's keep on changing lives and let's keep on making our world a better place and getting 603 00:37:52,000 --> 00:37:53,760 paid as we do so. 604 00:37:53,760 --> 00:37:55,220 This is DJ Sabanjo. 605 00:37:55,220 --> 00:38:11,760 See you on the next episode.