Thursday, February 24, 2022

Renee Warren Talks About Rewriting Working Parent Norms

Renee Warren is the founder of We Wild Women, is a platform that helps entrepreneurs start and scale their own businesses. She’s also the host of the celebrated podcast, Into the Wild.

Renee and I are hyped to be here and talk about some juicy stuff to dive into today!

Her First Taste of Entrepreneurship

At 17, Renee and her sister decided to start and run a seasonal restaurant every summer. She hired her friends and hired her parents’ friends to come and work with them. Renee quickly realized how cutthroat the restaurant industry is and how your success isn’t based on the food so much as it is about the service.
Then she started three different PR agencies; the third one ended up being a world-class PR agency. “We worked with funded technology startups. And in that time I met my husband on Twitter when Twitter used to be all the rage.”

Building a Business and a Family

Renee decided to start one of her PR firms when she was pregnant with her first child. Then, when her son was four months old, she found out she was pregnant with her second son. “In that 11 months of starting my business, I had Irish twins.”
She understands that to run a business with a family, you need to have or hire help. “You can’t do it all by yourself.” So when she doesn’t want to do something, she uses her kids as an excuse to shrug off work. “That’s what I love about having kids.”

Breaking Parenting Norms

“I was trying to break the norms of what is acceptable as a parent to get ahead.” Her family said many hurtful things and questioned whether she breastfed long enough and why she put her kids in daycare at such a young age.

“They think it was so repulsive because no one else was doing it. And if they were, they weren’t talking about it because of the backlash. So he called me a rebel. I don’t care. And yes, there are moments in their lives where I missed firsts.”

But she knew that she would miss some firsts going into business. “I spend more time with my kids now than most people who have a 9 to 5. And it’s quality time.”

Because Renee grew up in a family environment where her parents did everything, she was indoctrinated to believe that she also had to do everything. However, when she met her husband, her mindset changed. She realized that getting help from outside of her nuclear family was OK.

She says that everyone who has taken care of her kids and helped raise them is super valuable in their life. “We paid them well, but it was worth every single penny because it was an investment into us getting our time back.”

The moralization of money today leads people to think that it’s good or bad. Renee feels that society still sees paying others money to take care of your children as a bad example of spending your money.

Being a Positive Example for Your Kids

When she competes in physical competitions, Renee says that her kids are the ones cheering her on.

“They’re watching me do this. I’m being an example for them – a woman who’s leading. How beautiful is that?”

She emphasizes the priority of protecting your time because there isn’t a way to get it back once it’s gone.

Accountability for Your Business and Yourself

“Running a business isn’t just about the things you do, it’s also about the things you don’t do.” And while habits are great, says Renee, you need to move the needle for your business and life. “The boundaries thing is about accountability. How can you hold out accountability to yourself?” You can set boundaries such as not working after five pm, putting aside time to make a hot cup of tea, or taking the time to drink water. You can also set the boundary to spend an hour night every night with your kids. “You can say that those boundaries exist, but it’s actually making sure that you put up those boundaries and having accountability to yourself.”

“There’s no gray area of where our work begins and our family life begins.” Renee and her husband love what they do and are passionate about what they do. “It’s not like our kids can’t be involved in our work and vice versa.”

Family Core Values

“We have core values within our family. We have a mission and a vision for a family because we run it like a business.” For example, Renee and her family use Asana and google docs for project management. This keeps their family life running efficiently, and it also keeps everyone in the know, so there isn’t a meeting or a piece of information that is inaccessible to anyone that needs it.

“It’s in our ops manual. Are you going to ask me if Allie, the babysitter is free on Friday night? You can find her phone number in the ops manual.” They keep everything online to quickly look up the last time they went to the dentist. “God forbid anything were happened to me or my husband or us together is like the information they need to access that stuff.” Having their family ops manual gives them the ability to seamlessly run their lives.

The Fear of Change

When one person doesn’t want you to grow, there’s resistance for them because they’re afraid of something. “They’re likely afraid of that fear of change. They’re afraid of what that means for the lifestyle, for the family unit.” And while those feelings are warranted, you also need to respectfully understand and appreciate them by explaining your vision, how you want to do your new idea, how you want to start a business or grow or travel. “Whatever your idea, you need to share with others how you can make it work.”

Seeing the Abundance In Your Life

“Everybody’s going to teach you something,” says Renee. “Your heart’s going to get broken. You’re going to get angry. This is inevitable.” However, you go through these situations more often as you get older. When you mature, hopefully, you can always see the silver lining. “There’s always abundance out there. No matter where you go, there’s abundance. You just have to open your eyes to look for it and see it. It’s right in front of you all the time.”

Resources that are mentioned or add value to this episode:

The post Renee Warren Talks About Rewriting Working Parent Norms appeared first on Amanda Abella | Make Money Your Honey.



* This article was originally published here

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Sunday, February 20, 2022

Jen Hemphill Tells Us Why Your Dinero Mindset Matters

I’m busting out extra Cuban coffee to chat with my Colombian friend, Jen Hemphill, a proud Latina who is a fantastic feminist who is here to serve and help people manage their money better.

Her tagline, “Dinero done with confidence,” speaks volumes about what Jen does. Her focus is on assisting others in getting the clarity they need to get their money under control. So listen in and discover why Jen is such a bad-ass in the financial space – and definitely check out her podcast Her Dinero Matters because you’re in for a real treat!

Getting Accredited as a Financial Counselor

In 2008, Jen’s husband invited her to become an accredited financial counselor with AFC PE through the FINRA Foundation, the military spouse fellowship program.

This accreditation caught Jen’s attention because, as a military spouse, she was looking for a remote career that would allow her to raise her two small children at the time.

Evolving with Your Brand

Even though Jen had stumbled through when she started her business, she has learned to evolve with her brand like many other businesses.

“Having the vision of the career and wanting to be at home with the kids and really build a business online was the way to go.”

Jen recommended that she start with webinars, so she started there but then pivoted along with a way to do what feels right to her for her business. “That has been another stumbling block because I’ve had a variety of coaches, and some of them, I don’t think was for me, but I still learned. There was definitely something that I took away with the coaches that I’ve had.”

The Emotional Connection to Money and Money Mindset

As a financial counselor, Jen quickly realized that she and her clients were connected emotionally to money. However, there weren’t any resources available to speak about this emotional money connection concerning money mindset when she first started coaching. “I’ve been reading books about the emotional part of money. But, they didn’t say anything about the mindset. You could read about those things in personal development books. Still, I didn’t see any financial education tied to that concept.”

This is what sparked her niche focus for her business. “What I realize is how I connect at the mindset level is similar to buying a home. When you go and search for a house, you want to make sure that house is in good working condition, including the foundation.” Comparing the home’s foundation to your money mindset, Jen says that your mindset is your money headquarters.

“The foundation of your financial home is your money headquarters. You’re always going to have issues or a barrier because of your mindset.”

And mindset work is not something that’s once and done. Money mindset is a process that you have to continuously work with. “It’s important for people to understand their upbringing, because that impacts your mindset, which impacts your relationship with money.”

Journaling to Reflect on the Foundation of Your Money Mindset

She recommends returning to your childhood and thinking about the memories and instances that come to mind regarding how you were impacted by money. How did money make you feel? What comes up when you write these down? What money connections – either good or bad – surface when you put your feelings about money down in writing?

“Because if we don’t understand our past money stories and how they impacted us, we don’t know if we’re cycling those same habits, actions, and same thoughts, unless we have that awareness.”

Allow yourself to relax, Jen recommends, because we carry so much money mindset baggage and that it bogs up our brain. “And how can we think clearly and make good decisions with our money if we have fog in our brain?” Better decisions can clear up your mind, which is why we need to get through our past money challenges to make money work for our future.

Creating Money Content That Resonates with People

Much of the money information is told in financial lingo, not the everyday lingo. Right?

Jen believes that to educate people who aren’t financial professionals, you have to create content in a way that resonates and connects. Your content needs to say that you understand where the other person is coming from, what they struggle with, and who they are in this world.

Cultural Diversity Inside of Money Mindset

“If you look at the diversity in terms of a recent immigrant, such as a DACA recipient, and a person that has second, third generation Latino, the needs are different. Navigating the financial system is different. So approaching an on teaching money is going to be different because you have to address those elements.”

And, inside of being Latino, there are the subset cultures, which adds another layer of complexity to money education. “For example, I’m born in Colombia to a gringo. I was an American citizen by birth. I didn’t immigrate. I had the advantage in this country. My father is an American citizen and he knew how to navigate the financial system.”

When you don’t have parents who have experience navigating the financial system, your clientele needs a different education. “There are so many different layers with Latinos because were so different. We’re complex but lively and amazing!”

Creating Money Education in Two Languages

Jen does a fabulous job of creating her money education in two languages. “The reason I do that is because when I think of Latinas or Latinos, and I think of my friends that are not the United States, I know that not all Latinas or Latinos speak Spanish. They may be Latino, but they don’t speak Spanish, so I wanted to make sure that my podcast is aimed at the US Latina.”

In addition, not all Spanish terms can translate into English well, so she has an extra layer of complexity to ensure that her money education is in context when navigating between English and Spanish languages.

Her Money Matters

Jen’s book, Her Money Matters, teaches how to budget, save more, and get out of debt. These are the basic skills taught in her book. In addition, she teaches you how to budget and save money. But the most critical education in her book is how she teaches you about money mindset.

“The actions are more about confidence in talking about money. In my book, I focus on what isn’t being talked about enough in terms of personal finance. I talk more about how to be more confident, how to really get rid of that money guilt.”

Yes, you need to buy her book listen to her podcast. But, while you’re at it, grab a journal and start writing down your money mindset experience as a child to find where you need to focus and pivot your money mindset starting today!

 

Resources that are mentioned or add value to this episode:

The post Jen Hemphill Tells Us Why Your Dinero Mindset Matters appeared first on Amanda Abella | Make Money Your Honey.



* This article was originally published here

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