How You Can Be A Millionaire + Why You Don't Have To Be Born Into Wealth To Leave A Legacy Behind With Arlan Hamilton

Episode Number: 355

Episode 355: How You Can Be A Millionaire + Why You Don’t Have To Be Born Into Wealth To Leave A Legacy Behind With Arlan Hamilton

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How You Can Be A Millionaire + Why You Don't Have To Be Born Into Wealth To Leave A Legacy Behind With Arlan Hamilton

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Arlan Hamilton, serial entrepreneur, author, and master multitasker, joins the Journey To Launch podcast to discuss her main idea that 99.9% of people can become millionaires. She gives us powerful insights on proactively creating opportunities, overcoming distrust, and maintaining consistency for sustained wealth building.

Following Arlan’s interview, I share the questions I’m asking myself as we transition from 2023 to 2024  and how making an impact, no matter how modest, fuels my determination to reach and inspire a broader audience.  

In this episode you’ll also learn more about:

    • How to identify if you have a money mindset issue + the power of self-belief 
    • Why creating multiple revenue streams is the key to long-term wealth
    • What opting for exploring the best case scenario if you go for something looks like
    • The power of embodying what we desire before we achieve it 
    • Planning to allow for surprises, questions to ask yourself as the new year approaches + more

Check out the video to this episode on YouTube below or by clicking here

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Arlan Hamilton 0:03

Everybody has a potential just to disappoint you and to do you wrong. And because I know that it's actually a freedom. And it's like, you know, if they ended up doing me wrong, that's that's a bigger problem for them.

Intro 0:37

T-minus 10 seconds. Welcome to the Journey To Launch podcast with your host, Jamila Souffrant. As a money expert who walks her talk, she helps brave Journeyers like you get out of debt, save, invest, and build real wealth. Join her on the journey to launch to financial freedom in 5, 4, 3, 2, 1.

Jamila Souffrant 0:47

Hey, hey, hey, journeyers Welcome to the journey to launch podcast if you're new around here, your journeyer journeyer is someone on the path to financial freedom and financial independence with me. So if you're a listener, og listener, meaning you've been listening for a long time, or you just started, when I say, hey, hey, hey, Jaron yours, I'm talking to you. And I'm so excited that you are joining me today. And whenever you're listening.

So this episode, if you're listening to this in real time, drops right after the new year. But even if you don't listen, in real time, this information will be relevant. What I do want to do after the interview, so this will be an interview episode, you'll hear my guest, Arlen Hamilton in a bit, because I want to come back and share some reflection questions that may be helpful to you. As you start the new year, it's going to be things that I'm going to be reflecting on and answering for myself, and I thought it would be useful. And I'll give a bit of updates on what's been going on.

My book, Your journey to financial freedom is out in the world. It's been out for a few weeks now. And it is my love letter, my financial life love letter to people who want to achieve more freedom and more happiness in their life right now, no matter your starting point. It's available wherever books are sold, you can go to your journey to financial freedom.com To get your book, but you get it on Amazon bookshop.org target your local bookstore. I'm going to share a little bit more about the launch and the book after the interview. So let's jump right into the interview with Ireland. By the way, I'm actually recording this video. So if you are on my YouTube channel, you'll see the introduction I'm recording it on screen. I usually don't do this, but I got my makeup done. I had a interview today. And so I'm like you know, I just record the video. And so here we are, this is what I'm doing. If I if you guys like it, maybe I'll do more on screen videos or solo episodes. So let me know you can watch that on my YouTube channel youtube.com/journey to launch. Alright, let's get into the interview.

Intro 2:59

If you want the episode show notes for this episode, go to journey to launch.com or click the description of wherever you're listening to this episode. In the show notes. You'll get the transcribed version of the conversation, the links that we mentioned and so much more. Also, whether you are an OG journeyer, or brand new to the podcast, I've created a free jumpstart guide to help you on your financial freedom journey. It includes the top episodes so listen to stages to go through to reach financial freedom, resources and so much more. You can go to journey to launch that comm slash jumpstart to get your guide right now. Okay, let's hop into the episode.

Jamila Souffrant 3:41

Hey, hey, hey, Jaron yours. I have a special most requested I'm gonna say most requested because maybe it's just me. I wanted you back and you're here. Guests back on the podcast. We have the Arlen Hamilton on the podcast. She's been on the podcast before but she is the founder of backstage capital, and higher runner.co. She's a serial entrepreneur, author and master multitasker. I must say that she I see you always doing so much Arlen, I don't know how you do it. She founded backstage capital in 2015 to invest in founders who are people of color women and LGBTQ. She published her first book. It's about damn time in 2020, detailing her journey from homelessness to venture capital Trailblazer. She has a new book coming out called your first million. Why you don't have to be born into a legacy of wealth to leave one behind. That will be out on January 2 2024. So I'd want to welcome Ireland back on the podcast. Hi, Ireland.

Arlan Hamilton 4:40

Thank you for having me again.

Jamila Souffrant 4:42

Yes. Okay. So I feel like the title of your new book, your first million why you don't have to be born into a legacy of wealth leave one behind is so on brand, for what my audience loves to hear about. Because so many of us do not start out with a head start when it comes to assets. physical assets are, you know, dollars in assets, and we have to build it, we have to create it. So please let me know in terms of the book itself, this new one that you have coming out, the overarching, I would say biggest takeaway that you want people to know. And then we can hop into some goodies.

Arlan Hamilton 5:17

As simple as it may seem, the biggest takeaway I want people to understand is that I called it your first million for a reason. And it's because 99.9% of the people who read the book, people who are hearing this right now, what I've learned over the past decade, is that you can be a millionaire. And they say, it's simple. Because I talked to, I don't know, I want to say, dozens per week. So maybe hundreds per month, 1000s per year, entrepreneurs, or career professionals, who their mindset isn't even there. Either they have this distorted view of what being rich looks like, or they don't believe that it's for them, they don't believe that they can be wealthy or even, okay. So that mindset shift is the biggest part of it. And I've also learned that it can be taught the skills and the steps necessary to generate revenue income, create those opportunities for yourself, that can be taught, if you're willing. So if you know that if you believe me, and you believe that it can be taught, then you have to back into the light, it can be me that someone next to you, necessarily.

Jamila Souffrant 6:51

How does one know if they have a mindset issue, right? Because someone could be listening to this and not know that it's mindset, they can say, well, I just don't have the resources or the education to do that thing. Whatever it is, there's there's not a self understanding it that it's mindset. So how can one know or have an indication that it's really mindset that's preventing them from moving forward and not something else?

Arlan Hamilton 7:15

I think it's in the same category is the imposter syndrome that we talk about so often. Where we're constantly asking ourselves, some of us, many of us are constantly asking ourselves, do I belong here? Can I do this job? Will? Am I supposed to be here? Did I get this promotion on purpose? Somehow? Did I sneak in? Am I supposed to be in the room? Am I smart enough? All those questions that we unfortunately ask ourselves, and I say that we just don't have time for impostor syndrome. And I think it's it pulls from the same thread. Which is, because my belief is that 99.9% of us can have millions if you want it. Is that easy. It's not an overnight success. It's not a magic potion. It does take time, and strategy, and commitment. But because I believe we can each get there. If you do not believe you can, I believe it's a mindset issue. I don't know if there's a special way to realize if you have that mindset issue, I just believe that it it is a mindset issue for anyone who does not believe that they can't. Because I think one thing that to understand is, I have been in a lot of places that some people are listening to this have been. So I know what it feels like to be literally hungry, and not know where your next meal is gonna come from, I know what it feels like to not have an address, or to have to ask your friends or not have to, but to ask your friends for help. Who are your same age and you feel like you should be further along than you are? Start to think if I can only get in the room with this one person that would change my life and then everything would be okay. What do you think it has to be more than this than working at this nine to five and not feeling like there's any way for me to go and watching everybody else, you know, in positions I want to be in and know what that feels like. And so there's just there's another gear that we have to put ourselves in there to get ourselves in. And so that's what I talked about the book I mean, that's why it's not a blog post or a real it's an entire book that introduces introduces the idea of this is why you belong where you belong. This is why you can go further than you think you can.

Jamila Souffrant 9:43

You brought up something a little earlier about the view of being rich or wealthy. And so I do want to define that a bit. And what do you mean when you say your first million or when you think of a millionaire because you've been around now millionaires, you're a millionaire but I think for some people, you know is it Being a millionaire and assets is it being a millionaire and income?

Arlan Hamilton 10:03

Yeah. So you know that my book is not called Becoming a millionaire. My book is called your first million. It's my podcast name that I encourage people to check out. And it's the name of my live event that's coming up soon with your first million million live. And it's very specific, because I'm not talking about necessarily you becoming a millionaire. I have a one hour video that if you go to Orleans, first million.com ar l a n s, first million.com. And you sign up, you just give me your email address, and I'll send you a few emails. But if you sign up for that, you get a one hour video of me breaking down how I made my first million. And in that video, there's a section where I separate what it means to generate a million dollars versus being a millionaire. And how different ways you can define what a million areas. So very basic, you know, as you know, you can be a cash millionaire can be liquid, you have a million dollars in the bank, you can have generated a million dollars, but for your company that doesn't make you a millionaire. Because think about all the expenses, you have overhead the how you got you know, the profit margins of what what went into making that million, you can have a million dollars in assets. In fact, that's what makes you an accredited investor in the United States is if you have a million dollars in assets without your main home being part of that. So there's assets, there's liquidity, there's generate generating millions. And so I break down in that video, when you sort of become the millionaire. So my book is your first million, because what I'm trying to do is teach people how the steps in the ways to create revenue, to give yourself the opportunity to own assets, that equal a million or more so that you can become a millionaire. If I believe I mean, this is true. So if I had generated a million dollars, which I did, which is huge, by the way, everybody, if you generate a million dollars, that's amazing. Any, any company would want to hire you because you can generate a million dollars. That's why I want that's why I want to teach this. But if I generated a million dollars, and then that's all I did, I would not be a millionaire. I'm a millionaire, because of the ability to every single year generate millions of dollars in different ways, and the assets that I own, and the investments that I have. So I break that down in the book, and I break it down in the video, Arlen's first million.com

Jamila Souffrant 13:01

I know you're not gonna give all the goodies away in the interview. But I would just like maybe one tactical because I agree with you. I think the biggest problem for maybe entrepreneurs and business owners, even people who work nine to five that have a decent income or just an income and there's a little bit leftover is this thing of turning that cashflow into personal wealth. Right. So like you said, you can have a business that is doing very well. But it doesn't translate into your personal balance sheet. And I think that's something that a lot of entrepreneurs or just people in general need to learn. So for you what is a tip, or what's a practical tip for someone right now who is generating cash flow, who brings in money into their household or through our business, that they can start to translate it into real wealth that they don't have to stay on that cycle of earning a million or a lot of money each year, they can eventually walk back off that hamster wheel?

Arlan Hamilton 13:50

Well, I don't necessarily think you need to walk backwards. I think one way of thinking about it is is your company, sort of. And this is like no matter what the answer is, but is your company something that is an asset already. Meaning do you generate revenue that isn't necessarily tied to you as a person? So some people or brands right, and so like they'll do like speaking gigs and all that is amazing. And if you want to keep that going, that's really great. It lucrative speaking gigs or things of that nature. But do you have a company that can run without you? And is it recurring revenue? Or at least repeatable revenue? Is there a company there? Or is it sort of just like an extension of you? And the reason you want to think about it that way is because you might be able to exit that company, sell that company. I mean, exits can be in many, many ways you can go public, which is rare for us who are not building you know, billion dollar companies or You can simply sell it, which happens all day long. So if you can, if you are generating a million dollars in top line revenue every year, and a certain type of company, that could be a $3 million company, that could be a $10 million company, you know, exit, or you could have a path for five over the next five years to build that to 5 million or 10 million in revenue. And it could be a $50 million company, or a $25 million company or $100 million company. I think things get really interesting, especially if you don't take outside funding, which is another thing I talk about in the book. Even though I'm a venture capitalist, I'm a big proponent of people holding on to as much ownership as they can for as long as they can at the right price. So things get very, very interesting. This is how people are wealthy. When you look at the Forbes list, or you look at all these lists. Of course, there's a lot of people on that list who inherited. And that's what we were faced were faced up against. But a lot of people their own assets, and sell those assets and trade those assets, right. So if you have a company, or if you can kind of turn your company into this, where it has recurring revenue. That's why SaaS companies are so attractive Software as a Service, tends recurring revenue, paid monthly, or a yearly contract. And it's growing. And if you stepped away from it for a month, you have a team, it can be a small team, but you have a team in place that can run it without your face, or your name having to be all over. That type of company is a type of company if you wanted to, at some point could be sold. And in the meantime, it's this asset that's hopefully growing in in valuation. And in value, I'll give you a great example. Like I have an audience. And I do a lot of things that are just based on kind of me, like let me come speak for you, or I'll partner with the corporation will do something kind of, I'll record something for them, like I did with meta last year. That is not necessarily something that can be sold. But I did create hire runner.co. And when I made sure of the first 100 customers were because of my enterprise, enterprise, sorry entrepreneur customers were because of my network. But then I looked at that. And I said that can't be the only part of the flywheel. If it's what I want it to be like you can make, do whatever you want. It's your company. But I wanted this to be something that stood on its own. So I actually have other people running runner now. So that, yes, I can help bring in customers and bring in runner, great runners, this is a recruiting platform. But it's not just all like if I walked away from it, it wouldn't crumble, because I want to one day sell it. And I did take on some investment, including retail investors, including, you know, people who are not wealthy. And I want them to do well from it. So I want to sell it for eight figures, or at least. And that's how I set it up. So that tells you like, when I first started, I wasn't thinking about that I was just sort of like I want this, I want this solution to be in the world. I want people to be able to hire people fractionally if they need them at a rate that they can afford. Then we're great people to have access to other great people. But then I started thinking through it. And I said, Okay, I do want it to be something that gets sold, or has an exit.

Jamila Souffrant 18:42

When you were saying that I was thinking about you know, even myself as an entrepreneur who I know that what's happening now and why my whether it's my book or my brand gets Buzz is because of me, right? I am on the face of my cover artwork on my book, people like to see my face, but then thinking about and so many other entrepreneurs in the space, know that it's about personality and having a face to a brand, but also realizing that I don't always want to be at the forefront. And so it's not easier, but you definitely get more leads by putting yourself out there more and it becomes when you begin to step away and separate yourself, right? Because that might be a little harder to do you got to find the right people the right support. Maybe you get other people who can step to the front and be the faces so it's not just centered around you. But to me, that takes like a lot more time and investment. And you know, I haven't started doing that yet. But I would love to hear from your point of view is when should someone start to go the harder route because the harder route is is actually going to pay off at the end because then you don't have to be there as much.

Arlan Hamilton 19:44

It really all depends on what you want. Like what your goals are like for you right now. You'll notice that I've said that I still do my thing I still speak I still partner with corporations. I still do the things I launch your first million live. I didn't take away from that. I just haven't I offshoot, I have several assets, whether they're public right now or they're in stealth, stealth, meaning that they're hidden and I'm working on them behind the scenes where I'm not the bottleneck, I'm not the person that's going to stop it from growth. So I think, like branding, I talk about all the time like branding, the reason that I'm able to do those things is because of self branding, is because I'm out there in the center. So I think of it like you're sort of the arrowhead. People come to hear you speak and know your story. And they care about you think about Oprah. It's about Oprah. But Oprah has all this stuff in the background that she has ownership in, it's about AI owning IP as well, it doesn't have to always be some SAS product or some tech product, it could be that you, you decide I am going to have a media platform, that meaning not the technical behind it, but meaning I am going to put some other people on, you know, maybe there are three or four people I'm going to put on, but I'm going to own this part of it. I also work I have like television shows and movies that I own, but jority of the IP. And that's like a long game. So that you may not see that for a few years. Like, I'll give you a better good example two, people are always saying that I should be on Shark Tank. And I agree, like I would love to be on Shark Tank. I know most of the sharks, I work with Mark Cuban directly, we have a $6 million joint venture together. But I know after spending some time in 2019, talking to ABC and talking to that group, I know that I'm more most likely not going to be on Shark Tank. There's, there's a whole story there. But it's all good. When I realized that I could have said, Okay, I'm not going to be on Shark Tank, maybe I can go and audition for this other thing, because people send me stuff all the time be a judge on this do this. But it's all this stuff that I didn't help create. And I don't know kind of exactly where it's gonna go. So I decided in 2019, I'm going to create my own IP. So I have IP for shows that could be streaming that could be on major networks, that could be something that I produce, it could be YouTube, it can be all kinds of stuff, but I own it. And it's a very specific way of getting entrepreneurs seen. And it's a very specific travel show. And it's a very specific this, that and the other so that, that I not only can I host that if I want to, I can try to sell it or I can produce it, and then it's a full product, and I can sell it like that. But I can also go to different countries and territories and have somebody else host it. But it's it's my IP. So I made this decision in 2019, that, that as much as possible can happen 100% of the time, but as much as possible. Anything that I'm kind of the quote unquote, talent on, I'm going to own at least 51% of. And so that again, is like a long game. But when you think about building wealth, that's how you do it, I have movies that have nothing to do with entrepreneurship that I have created or CO created. I have a podcast series it's a it's a really cool podcast series of a fictional called the Valley that I co created. And then I'm an executive producer on but it's it was my idea. And then you know, I have nothing to do with the the process of it. It's so good that I listened to it as a fan. But if it gets spun out, it's already been picked up by realm, which does the Orphan Black podcast. And if it gets spun out and picked up the IP gets picked up by let's turn it into a TV show, or let's turn it into an audible original, I will get a chunk of change for that. And you just kind of think through like the the spin offs and the things and things that can happen from your IP. So it's just like creating IP, it's about making certain decisions that are long term that may not pay off for years. And then you can do your thing. Continue to attract your audience and continue to serve your audience.

Jamila Souffrant 24:16

And what I'm also hearing too is that you most likely are partnering with people that can help you bring these ideas to light. So can we talk, you know, I know we have a limited amount of time. But I do want to just address the this idea that you can't necessarily do it alone, like you as a person have amazing ideas and abilities. But in order to bring that into the world, you need people. And in order to do that, yes, you need contracts in place, but you also need trust. So for me just selfishly like I've been approached and I've been working with on some things behind the scenes too. And I realized that it's no fault of the people that I'm working with, but just my maybe it's my upbringing knows my culture or just me as my personality. I'm like, Can I trust this person? You know, and I realized that might be holding me back in a lot of areas because okay, as long as there's a contract in place, like you have to try, right, because you cannot bring these ideas or do all the things by yourself. So you do need partners. So how would you address? Maybe this is a mindset block of trusting people, and not being being afraid that oh, this person is like, kind of me, even if they have the best intentions, what if it doesn't go well, and now there's, um, in the worst case scenario,

Arlan Hamilton 25:22

I is very timely, because I was pretty burned in the last 18 months from people that I really cared about. And not all of them, but just a few people, handful people. And for like, 18 months, I was, I was, like, 12 1218 months, I was like, shut off. I was like, I'm not going to work people that I'm gonna do this on my own. And then my wife actually said to me, she's like, you're just going to be shut off for the rest of your life. That's what you're gonna do. You're just not gonna trust anybody. That's cool, you know? And so to me, the way I look at it, to be honest with you right now is like, I believe that everybody has a feeling that everybody has a potential just to disappoint you, and to do you wrong. And because I know that it's actually a freedom. And it's like, you know, if they end up doing me wrong, this that's a bigger problem for them. You know, I mean, like, let me go ahead and enjoy the people who think it was Lala, very recently, lol, I put out a video where she was like, we always think about the people who didn't show up to the party. But we don't care about the people who did show up. We don't celebrate them. They were always like, oh, man, I can't believe Stephen come to the party, instead of like the 19 people that didn't show up for you. So it's like, while we're there while we're working with people while we have this time on this earth. Yes. Be trusting, you know, obviously have a critical eye to things don't get, don't be walked over. But if if it does, if something doesn't work out, you can feel that pain from it. But also just know that like, you're, you're the good person, you're the nice person who thought it could work out. Right? If somebody does you wrong. It's kind of like on them. They did you wrong. But that shouldn't shut you off from all the joy that couldn't be there.

Jamila Souffrant 27:08

Yeah. Oh, my gosh, Ireland. That was a way to end it. Thank you so much. Please let everyone know where they can find out more about you and get your book.

Arlan Hamilton 27:17

Yes. So if you go to your first million dot live, you can preorder the book you can see about my event. Again, if you go to Orleans first million.com You can see that video about how I made my first million can give you a lot of ideas about what you could do. And see me on Instagram at Arlen was here.

Jamila Souffrant 27:37

Awesome. Thank you so much, Ireland.

Arlan Hamilton 27:40

Thank you appreciate it.

Jamila Souffrant 27:42

All right, I really hope you enjoyed that interview with Arlynn. I thought that actually not only is it perfect timing, her book is coming out this week. But the topic, what we talked about mostly was about mindset and the internal things we need to overcome or work on in order to reach the external things we want. So money, financial freedom, all those things. I do address that in my book, Your journey to financial freedom. And you can get that at your journey to financial freedom.com. And I talked about the importance of mindset and habits. So I think it's really great to have that episode with Arlen play right now as we enter into 2024. And honestly, no matter when you listen to this, this will be irrelevant. But that the wealth that we want to create, externally, we have to feel we deserve it, we have to know you deserve it. And a lot of that is going to take internal work. And I know we want to oftentimes get to the doing and the having. But first I believe we need to be, we need to be who we say we want to be the person, we want to have the things we want we need to be and embody that first and on the path so that we don't have to wait until someone else validates us, or until there's an external circumstance that tells us we're good enough. I know that's hard. I know you want to see the proof right away. I mean, I'm like that too. But what I've found on this journey, even specifically with the book journey that I've been on, and I need to do like a whole nother interview just about really going in. I know I've done some episodes about the book. But now that the launch, I mean, this book that I wrote your journey to financial freedom. This is a marathon for me in terms of my commitment to getting this book into the world. So it wasn't just about making sure it did well the first week. I mean, obviously I wanted it to do well on so well the first week that it was out. But I want this book to be read by people and to be implemented. And so that means I have to still promote this long term. So well after the hype, maybe dies down around the first week being being out. It's like no 2024 We're talking about this book, because I truly do believe it's going to be helpful for people and I was thinking about now as we go into a whole new year, what I want my year to look like, I'm a planner, you know, I do plan things. But I'm like a loose planner, meaning I plan but I allow for surprises. I plan and I know what I like or what I want, but I'm not too particular about how I get there.

So with this new year coming, I'm asking myself, What do I want it to look like? And so I wrote down some questions that I think might be helpful to you also, who are listening right now. That I hope, will you and hopefully it will help me if I can answer them take some time to sit down. Because I have a good life. I've had good years. Ultimately, there's nothing that I want to change. Of course, things can always be a little bit better, there can always be more money. But that also could be the more ease. And am I really, truly living life the way I want? Or am I being kind of pulled still in different directions. Because of the path I'm on now that I'm entrepreneur now that I have this book in the world. I'm getting more requests, and there's more obligations. And so I'm on that path. And these questions I came up with tax myself. And then you can ask yourself, whether you are just thinking about your career, your financial journey or your life.

Okay, here are the questions. How can this be easier? How can this be easier for you? How can you make it easier for you? Are you an over thinker? Do you make things more complicated than they need to be? Now some people actually like things complicated, it actually fuels them, it gives them excitement. Me, I like things to be easy. And so how can this be easy? How can my business be easier? How can the way I think about finances be easier not because what people think it should be or think it should look like? But what will make things easier for me? So that's the question I'm asking myself, and then I'm asking you to ask yourself. So one, how could this be easier for you? What do you need to do to make it easier? What do you need to let go? What do you maybe need to invest in to make it easier?

The second question, how can I lean more into joy? Now, we can think about joy in different ways. I always like to think about the joy that cost nothing. The little joys of our life, the moment the small things that make us happy, whether it is connecting with a friend or laughing with a friend, sending a text, it could be your favorite candy, or your favorite treat just what can you implement in your day to day life that cost nothing or you know, a little bit of money, not much. That gives you joy that you can look forward to on a daily basis. For me, sometimes that looks like okay, I'm excited when I know I have, I can meet up with a friend that I enjoy spending time with, or thinking about coffee that I enjoyed drinking in the morning, if I can get up on time before the kids get up, or taking a walk. So my favorite thing to do after I run is to walk outside and be in nature. I look forward to that. So that's a joy. How can I lean more into joy that costs nothing or is not as expensive as other things that I might desire? And then the other question is some things may cost money, or you may need to invest in that to bring you joy, and what does that look like? How can you implement that in your life? So if that means wow, I haven't been able to take the vacations I like or I want this thing? How can you implement that joy or plan for it over time where it's not a setback? So that's the second question, how can you lean more into joy, the low cost things you can do immediately on a day to day basis. And then the things that may take some time, or maybe just bigger purchases or expenses you need to do.

Third question, what do I want to do more of? And then the opposite side of it is what do I want to do less of? This, for me? is an important question I need to answer. And especially in my business. And you know, I think in overall in my life, I'm kind of like that I only do things I really want to do when it comes to family, friends. And even just household things, right? Like, you know, if I don't want to pick up there might be a little pile that my husband is annoyed at in my corner of the room. But if I don't feel like picking it up, I don't pick it up. But nonetheless, right, I'm talking more about for me, in my business. What do I want to do more? What do I want to do less of? And same thing can be said if you'd ask yourself, whether it's in your job, or finances or just life or business, and what does that look like? What does it look like to step back and do less of that thing that you think you need to do? But you actually don't need to do because you're overthinking and you're making it bigger than it needs to be or what do you want to do more of? What are the things that you want to do more of in your life this year? And how can you actually implement that? How can you cut back or indulge a bit more? In the things you want to do?

The other question, I'd like you to ask yourself as we are entering into a new year, and of course, if you listen to this, some other time, these questions are still valid. What if I stopped doing this thing? will things be okay, that kind of lends itself to the previous question? Because sometimes we're afraid to do the things we want to do. Because we're like, Wait, what if something breaks? What if things go crazy? And but like, what if? What if you stopped doing that thing? will things be okay? And more than likely things will be okay? There are times where I'm like, oh, I need to do this thing. And then it's like, no, you don't like no one ever missed that that didn't happen. You're the only one overthinking that thing. It's okay, you know, to think, or to really think through that, if you stop doing that thing you don't want to do anyway, people will adapt, and the world will adapt for you to say no.

And the last question I have here is, what's the best that can happen if you go for it? Not what's the worst that can happen? So not doomsday. If I go this route, what all the bad things and sometimes I know for myself, I tend to think like that, where and I'll give you an example. Like the book, your journey to financial freedom, my book that just came out. And it's funny, because I actually don't know the end of this story yet. But you'll probably know it. By the time this episode comes out, because I'm recording this a couple days before Christmas. But this does not come out until the week of New Years. And I was contacted by the Daily Mail to do an interview. And so I was thinking, wow, should I do this interview because you know, the Daily Mail is like cool. And all it's very popular, very popular news site, daily mail.com. But it's also very polarizing. And they sometimes have some click Beatty articles, and just headlines where I'm just like, and so I'm like, this person who reached out to me, they want to interview me, should I even respond? Because, you know, while my story is getting more out there. So even with being on the cover of my book, that was one of the reasons why I was hesitant. It's like, wow, my face is gonna be more out there, people are gonna really know who I am. If this takes off the way I want it to take off. But do I want that because I don't really want people to know who I am. Like, I like my life. Not that I'm going to become super famous. But I don't want to be well known outside of maybe the small circles or people that already know me. I don't want to be like Oprah level no or Beyonce level in terms of being recognized. I want to be able to live my life. I'm a regular girl. That's what I want. So anyway, with the Daily Mail reaching out, I'm like, Oh, I don't know like because what if I get like a lot of just negativity and hate more people find you because when I'm talking to you on this podcast, I'm like, I'm talking to friends, talking to journeyers. You know, even with the book before the book, just the podcast, I felt like people who liked the content stayed and liked the content. And if you didn't like the content, you didn't like me, you just moved right along. But I do feel like with the book coming out, and me being on so many podcasts, I did like a whole podcast tour, which introduced me to more people, which was great. But then now being on platforms, where I had stopped doing outside interviews for a bit, because I was just focused on writing the book and just in my own little world. And now that I have something to promote, I'm like, alright, I'll say yes to the interviews, or let's do it. And so with the Daily Mail, my concern was, What if I get like a lot of hate, or people who try not to seek me out that are not my people that are not journeyers? who are intent on misunderstanding me. And then I'm just like, why is you know what I'm out here, like, feeling vulnerable, because it is very vulnerable, to put your work into the world to put your story into the world. And then you know, you don't know the other person reading it or their intentions. And so I started to think, I don't know, I don't know if I'm gonna do or I'm not gonna respond. But I was like, you know, in your life, things have happened usually well for you. And nothing too bad has happened to you, you know, no one's gonna do anything crazy. And even so, like, if you get a couple of hate comments, or people being negative, who cares? I really don't focus on that. But I was like, what if there's that one person who does read it, that changes their life or picks up your book and that sets off a domino effect in their life? Or, you know, I always think even with like audience and growing your brand, that you don't need a million people to follow you to pop like or to make an impact. So there's like that impact of one to one you want to change someone's life with whatever you're doing. And that obviously is the goal for the book in the podcast, but also, you know, when we're talking about maybe getting more or publicity or going like, my goal is like, I want Oprah to pick up the book and read it, or at least be a supporter. Right? Like, once she picks up a book, it's like straight sails through the roof. And I'm like, Well, you know, obviously, that might just have to come years from now, word of mouth, or it is like the right person reading the right article that can make that happen. Right? Not just Oprah, but just opportunities, because the Daily Mail person found me through the Business Insider article that was written about me. And so they reached out and said, Hey, I saw you on Business Insider, are you interested? So Mike, instead of thinking about the worst that can happen, what is the best that can happen in this situation? The best that can happen is I impact more people or more people are interested because they read this article. And yes, even if there are like 50 or 100 or 1000, people who are just like, Who is this girl, like, whatever? There might be five that say, this seems interesting. Let me let me see more. Or what if it's someone on you know, Oprah's team, or some other you know, somewhere that could also be a stepping stone to some something else reads this and reaches out? What is the best that can happen? Not the worst, what's the best. And so I did do the interview.

Again, I don't know how it's going to turn out because I'm recording this before the interview is released. And I actually was reached out again to do something else with them. So we'll see how that all unfolds. So maybe follow me on social media at journey to launch and Jamila souffrant, because I'm pretty sure I'll just share there in real time and my newsletter, so make sure you're on my newsletter to see how that unfolds. But it's, it's it's kind of like to share this before I know the outcome is me stepping into my faith in a way that I'm sharing this with you before I know the outcome. Because I believe that the outcome no matter what it is, will be in favor for whatever it is I'm supposed to do in this world. So whether that is a lesson, or whether it is a stepping stone, and victory, we will see. But what is the best that can happen? Not the worst? But what if this all goes well? Not what if it goes wrong? But what if it goes well, and I've been having those thoughts, right, because sometimes my, again, my response to things, which I swear I need to do a whole new episode about this. Because I do really feel like impacts our money and life journeys is just like our little traumas or big traumas that we have trust issues, being very wary of people and intentions and kind of, you know, all these things that make us who we are, that sometimes fuel us and make us great in certain areas also can hold us back. And so I've been realizing that the times that I've just put myself out there and and I did an interview with Ireland, I brought this up. So if you've been listening, even watching because I'm recording this video, also for the YouTube channel, then we did talk about this, now that I'm thinking about it. I didn't mention this word Arlynn about trusting. How do you get over yourself and maybe your own hang ups to look at opportunities, so you're not closing yourself off?

Last question, again, is what's the best that can happen if things go well for you? And if you're not scared, and even if you are fearful, it's okay to be fearful. I trust me. I am fearful of a bunch of things. But what does it look like if you dare to try. So I hope you enjoyed the episode, I hope that you are going to have a prosperous new year, or year or whatever you're going through right right now, wherever you listen to this episode. Or watch it if you're watching YouTube. Again, my new book, I'm gonna keep saying New because it feels new is out your journey to financial freedom. You can pick it up wherever books are sold, and go to your journey to financial freedom.com To get more information to make sure you're on my list and tell a friend to tell her friend I'm telling you when I started joining launch the podcast. I remember saying that all the time. Like listen, if you like the podcast, share with a friend, you know, click the share more wherever you're listening and copy that link, put it in a text message, put it in an email, share it on your social media. And that's what I feel like has grown the podcast over time. It's word of mouth and I do believe like hopefully it will grow the book over time. And so share the book if you picked it up. Thank you. Thank you if you haven't yet what are you waiting for like New Year New you come on and get your finances in order and share this content with someone you care about and that you want to be on the journey with you. All right, that's all I have. Until next time journeyers keep on journeying

Outro 44:48

Don't forget you can get the episode show notes for this episode by going to journey to launch.com or click the description of wherever you're listening to this and you can still grab your jumpstart guide for free to help you on your journey to financial freedom by going to journey to launch.com/jumpstart. And the podcast and love the free content and information that you get here, here are four ways that you can support me in the show. One, make sure you're subscribed to the podcast wherever you listen, whether that's Apple podcasts, that purple app on your phone, your Android device, YouTube, Spotify, wherever it is that you happen to listen, just subscribe so you are not missing an episode. And if you're happening to listen to this and Apple podcasts, rate, review and subscribe there. I appreciate and read every single review number to follow me on my social media accounts. I'm at journey to launch on Facebook, Instagram, and Twitter. And I love love love interacting with journeys. They're three support and check out the sponsors of this show. If you hear something that interests you, sponsors are the main ways we keep the podcast lights on here. So show them some love for supporting your girl for and last but not least, share this episode this podcast with a friend or family member or co worker so that we can spread the message of Journey to launch. Alright, that's it until next week, keep on journeying journeyers

Transcribed by https://otter.ai

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