Mogul Chix® Chat Podcast

I learned long ago that if I don't establish my value, someone else would. And the value they establish won't line up to the truth. When establishing value, don't think in terms of price or affordability. Think about the results you deliver. They have to match the promise in order for the value to be accepted. You decide what your value should be, not the consumer. But whatever you choose, you have to be prepared to stand by it. Remember, value is not just about price.

We have what it takes to be the boss. We're building amazing companies and making power moves that are setting up our future generations for wealth. Yet we are vulnerable as Moms in this society. We work to get parity with our counterparts. In short, we are drained at times. In a world that's fighting so har to eliminate "woke" and refuse to acknowledge diversity, we find ourselves exhausted but steady moving. Our accomplishments matter. Let's take back the narrative and have the conversations. We have to do this amongst our own community and the community of women at large. So let's start the conversation so we can get on one accord because women banded together harness such power and can affect real change. But first, hear us.

With the democratization of platforms the good and bad thing is anyone can launch one. It doesn't mean everyone's message is positive. We as women have a responsibility to uplift, inspire and educate. We have a responsibility to honor and tell our stories. So many people fumble that opportunity by degrading adn spreading negative energy.. You can speak or show the facts without tearing down a segment of people or causing harm or embarrassment. It's time to reclaim our narrative and use ur platforms for their best and highest use.

On Facebook, I posted about Women of Color & access to capital, & it got lot's of like's comments & views. Clearly this is a conversation that needs to be had. People often lament about there not being any viable capital resources for Women of Color and how we can't get into those rooms.But you've seen Mogul Chix® Academy, right?This is not a new conversation. There ARE resources to get WOC in the door and across the threshold. And I have been talking about this since the early 2000's. The conversation has been there. So let's make some inroads to change the narrative. Today I'm giving my insight into why the media headlines will keep us thinking there isn't much out there for us, and what we need to be doing (as founders and investors) to make sure that WOC are getting the access and getting into the rooms to make it happen.

I made a post on social media the other day. I said “If you can’t take a 2 week vacation and be off the grid and the business can still run smoothly, you have a leverage problem. If you are not looking to build a company that is independent of you, this episode is not for you. I have been stressing since forever the power of building a team. Most times I get favorable responses, but every now and then I get the peanut gallery who want to stay small justify all the reasons why they shouldn’t hire. I’ll guess that right now if you’re listening to this episode you don’t have the luxury of stepping away for any amount of time. Whether a vacation or an emergency, stepping away now would severely handicap your business and earnings. Mostly because you have build a business that is heavily reliant on you, instead of building a company that can be autonomous. Is it fear? Is it the desire to NOT be responsible for other people? Is it that you want to be the center square in the business? Well whatever it is, if you have any goals of building a successful profitable company, you need a team. What that team looks like depends on you and the vision for the company. Today I’ll talk about operational leverage and building a solid team. I’ll share my own tips and when I got to the point that leveraging a team was priority one.

No one woman can be an island unto herself…or however the saying goes. Let me just say if you are not looking to build a company that is independent of you, this episode is not for you. It’s OK to be the little fish and play small, for a little while. But if you’re listening to this, I get the feeling you’re ready to play bigger. When you’re looking to build generational wealth, a company that can be handed down through generations, you have to build with the intention to scale. And for you that means, as the Founder, diminishing your day to day role so that you can leverage the expertise of your team. I know, it can be tough to spend so much time and energy on building the business, endearing yourself to clients, servicing all the clients, and doing every job within the business simply because it’s YOURS. But guess what. Doing that leads you to burn out and severely handicaps your earning potential. What do you want? Do you want to build a thriving company that produces jobs as well as solves your clients’ pain points? Or do you want to be the star of the show? You can’t do both, nor should you want to. Let’s look that the long game here. Building a company that can stand strongly independent of you takes time, understanding and releasing the ego. Today I want to focus on building a scalable company without crumbling beneath the weight of it all. I’ll share my own tips and when I finally got a firm understanding of what it all means.

In a world full of carefully curated, PR driven fake social media driven images, be authentically you. There is so much pressure on these internet streets to look and play the part. I'm here to tell you that being authentically YOU is enough. People are shifting from the glitz and glam of the dream life and outcomes in favor of real talk from people they'll be trusting to deliver results to them. All of the high glamor photo sessions, pictures of yachts and mansions and talk about making 6 or 7 figure mean NOTHING if you don't have the goods to back it up.So give you customers what they really want. Straight talk with no BS or chaser. In this episode I talk about building your personal and business brand based on walking in your truth.

The LAST thing on your mind right now is probably Succession Planning. Nobody wants to think about leaving their business, retiring and turning the reigns over to their baby. All business is personal, but in order to build a thriving business that can work with or without you, you have to take the emotional attachment out of the equation.Some people will disagree and that's ok. Planning for your successor is something that requires a logical, sensible mindset. Just because you own a company doesn't mean you have to be a slave to it. Many people who have removed themselves from the company's day to day thrive post-business. They've put capable successors in place and either retired or moved on to other things. In some cases, they still have ownership of their company but they're not breaking their necks every day.What's your endgame? Have you started planning for the next phase yet? Even if that is 10 years off, you have to start somewhere. In this episode we discuss the fundamentals of succession planning.