Want to use your business to get you to financial freedom? You're in the right place.
Welcome to The Pay Yourself First Podcast.💵
My name is Chris Jolly, founder of The Pay Yourself First Podcast and this show is built for 6 figure+ online entrepreneurs who are looking to make and keep more money, reinvest in their highest leverage asset the right way and reach financial freedom during the life cycle of their business.
Wanna know how? Keep Listening.
If you're a 6 figure+ (or approaching 6 figures) entrepreneur with an online business we'd love to interview you on our show... head to:
Listen and Subscribe to our other Podcast — The Financially Free Entrepreneur
>>> FFE Podcast on Apple Podcasts
We help 6 figure+ entrepreneurs with online businesses create an individualized roadmap for financial freedom, and the accountability to get them there, without having to become a professional investor or waste time learning complicated financial formulas and strategies, by implementing our Pay Yourself First Signature System.
If you want help turning your business into the vehicle for creating financial freedom for yourself, like it's meant to be...
— Book a call with our team to see how we can help
>>> Financial Freedom Assessment
To learn more about today's guest, please visit https://colleenbiggs.net/
___
MORE FROM CHRIS:
Download the FREE Business Finance Checklist to get a twelve point checklist to ensure you're covering all the bases of business finance delivered to your inbox!
Watch the FREE Abundantly Infinite Entrepreneur Masterclass
Connect with Chris on Twitter or LinkedIn.
Apply to the Infinitely Abundant Entrepreneur Accelerator.
Subscribe to our Youtube
audioChrisJolly42726526204:
Hey, everybody out there.
2
:Welcome back to the show.
3
:As always, I am very excited because
today we have another really amazing
4
:guest on her name is Colleen Biggs,
and she is a business peak performance
5
:coach and business consultant who has
been in the industry for over 20 years.
6
:Who?
7
:Colleen, it's amazing
to have you on today.
8
:Thanks for joining us.
9
:audioColleenBiggs_col32726526204:
Hi Chris.
10
:Thanks.
11
:I am super excited to be here.
12
:Yours was one of the podcasts that I'm on
this first quarter that I was excited and.
13
:Looking forward to, because I read
all of your stuff and I love your
14
:authenticity and everything about you.
15
:audioChrisJolly42726526204: Thank
you so much and we're really
16
:excited to have you on as well.
17
:I know especially with all your
experience, you're gonna have a lot of
18
:great wisdom for our audience out there.
19
:A lot of wonderful Jens, and, probably
some different wins and challenges
20
:that they can really relate with.
21
:So why don't you tell everybody a little
bit more about who you are, what you do,
22
:who you help, and all that great stuff.
23
:audioColleenBiggs_col32726526204: Great.
24
:Thank you so much.
25
:I started back really in 2000 and
two when I joined a company called
26
:The Little Gym International.
27
:And I fell in love with
the founder's vision.
28
:So I think it's important for us one,
To fall in love with the passion of
29
:what we're doing and at that time it was
the vision of the owner of the company.
30
:So we can love our jobs, right?
31
:In corporate America, we don't
have to be entrepreneurs to
32
:be in love with what we do.
33
:And I was really excited to
be able to come onto that team
34
:because his vision was, really
providing a nurturing and safe.
35
:Area for young children, four months
to 12 years of age to be able to fail,
36
:to be able to recognize wins, to be
able to listen, to be able to know and
37
:understand their spatial awareness.
38
:It was all about these cognitive
skills that they needed to learn,
39
:but during that time, they gained
this self-confidence and self-esteem.
40
:I feel like it was a little mini baby
business school that I feel like a
41
:lot of adults need to go through.
42
:And I share that because I fell into
business consulting during my time
43
:with this corporation and really
loved working with individual owners.
44
:And what I found out what made
them so unique was what each one
45
:of them brought to the table.
46
:Their knowledge, their skills,
their experience, their background.
47
:Every single person listening today,
that's what you bring to the table
48
:that's different than someone else.
49
:So that's the focus, right?
50
:For why you are different and why you can
do it different than someone else, right?
51
:Chris has a podcast.
52
:I have a podcast, but I look
at his podcast and he does his
53
:podcast different than mine.
54
:So he's gonna attract a different
audience, then I'm going to attract.
55
:That's what makes us different and
it makes us able to work together.
56
:Leverage and assist each other
rather than compete with each other.
57
:So I dropped out of Corporate
America, retired, said Kiss Corporate.
58
:Goodbye.
59
:Left that in 2019 , started a
community, started a live radio show.
60
:I had no idea how to do any of that.
61
:By the way, I just said I was a
business consultant for 20 years working
62
:and launching over 300 businesses.
63
:That was my skillset.
64
:So being a podcast host,
I had no idea what to do.
65
:But I learned, right?
66
:Everything's figureoutable.
67
:I had no idea how I was gonna figure out
how to run a community, but I knew this.
68
:I already knew that I had a passion
for the last 20 years of bringing
69
:these children together in this
safe and nurturing environment.
70
:Why couldn't I do that for women?
71
:Why couldn't I bring them together in
this safe and nurturing environment?
72
:Where now they have the opportunity
to grow their business together,
73
:collaborate together, network together,
support each other, open up doors for
74
:opportunity for one another, and at the
same breath, they could get visibility.
75
:So I created this community where they
were able to be on platforms to get.
76
:Interviews, live interviews on
LinkedIn, live interviews on YouTube.
77
:They're able to teach masterclasses.
78
:They're in the spotlight on
newsletter, social media, blogs.
79
:Everything we do in our community
spotlights the business owner, and
80
:that's important because, If any of you
have ever opened a business, it's not.
81
:I build it and there's the website
and everyone just comes and starts
82
:buying products and services.
83
:It doesn't work that way.
84
:You have to tell everyone about you and
not be the world's best kept secret.
85
:So really that's what I do.
86
:I take women that are the world's best
kept secret, and I get 'em out there.
87
:So they can be seen.
88
:They can be heard, and
they can be visible.
89
:audioChrisJolly42726526204: I love that.
90
:I don't know if you are familiar
with or listen to Grant Cardone
91
:at all, but one of the things that
he talks about is that it's the.
92
:Problem that you have is not
that you're not doing sales.
93
:It's not that your product
isn't great, the problem is
94
:that nobody knows who you are.
95
:And if you're not constantly out there
telling people who you are and what your
96
:business is, somebody else is out there
and they're gonna get the business.
97
:audioColleenBiggs_col32726526204:
That's right.
98
:And it's how I teach all of my
clients to get the visibility and
99
:the success I attract my clients.
100
:That's why I wrote a book.
101
:I wrote a book that's called Step
Into the Spotlight, to expand your
102
:influence to attract the right clients.
103
:'cause no one wants to
attract the wrong clients.
104
:You wanna attract the right clients.
105
:So like you Chris, and why I love
the way that you write is 'cause
106
:you write the way you speak.
107
:So when you are authentic in the way that
you write, And the way that you speak, you
108
:are gonna attract specific people to you.
109
:Based on that.
110
:If I'm out there talking about
entrepreneurs and females and growing
111
:businesses, I'm not gonna attract
the male who's in corporate America.
112
:It's just not gonna happen.
113
:So you're right.
114
:Grant Cardone, one of my favorites.
115
:He is all to the throttle all the time.
116
:He's right.
117
:It's not only who you know, what you
know, but it's about who knows you, and
118
:that's the magic factor right there.
119
:audioChrisJolly42726526204: Absolutely.
120
:People don't go to the McDonald's
because they have the best hamburger.
121
:There are a million different
restaurants who make better hamburgers,
122
:but everybody knows McDonald's.
123
:They know what they're gonna get.
124
:And even though the quality isn't
great, it's the knowledge of
125
:who they are and the consistency
that kind of bring people back.
126
:Now, I wanted to touch back on
something you said a little bit
127
:earlier, because most entrepreneurs
don't start out doing businesses their
128
:whole life and are always in business.
129
:They usually have a job and then they
decide they want to do their own thing.
130
:I feel like a lot of people get
caught up because they're like,
131
:okay, I don't know how to do this.
132
:You didn't know how to podcast.
133
:You hadn't ever started
a community before.
134
:So these are like new
challenges that can be scary.
135
:But at the same time, you had a skillset
that you could lean on, which even
136
:though it was something new that you
hadn't tried, you can go back and say
137
:I already know how to do this, thi
these things, I just apply it to that.
138
:So could you touch on that
a little bit more for us?
139
:audioColleenBiggs_col32726526204:
Yes, Chris.
140
:Okay, so I'm just gonna be
very vulnerable with everyone.
141
:I have the best gift of gab.
142
:I'm just gonna go for it in sixth grade.
143
:I was in detention every single
day because I talked too much and
144
:there were too many, check marks
by my name, and I thought, why is
145
:this person trying to shut me up?
146
:I don't understand why I don't have
the freedom to be able to speak.
147
:Little did I know that
I was gonna go on to be.
148
:A leader of a community to be able to
speak on a podcast that reaches millions
149
:of people and to speak on keynote stages
where I'm reaching thousands of people.
150
:I had no idea that's what God was
preparing me for, but I leaned on.
151
:I knew this.
152
:I loved being around people.
153
:I knew that I could speak.
154
:That I could talk, right?
155
:And so if I knew that what I did is
I just started listening to podcasts,
156
:I'd really never been into podcasts
up to that point other than what you
157
:hear on the radio, live radio shows
that you hear driving to and from work.
158
:So I started listening to them
and I will tell you what Chris.
159
:There are a lot of not so good podcasts
out there to the point where I was like,
160
:I think I'd rather put a fork in my eye
than listen to this podcast right now.
161
:So I thought, oh, I can do better.
162
:I know I can do this.
163
:I started reading all about what
questions never to ask a guest how
164
:you're supposed to help your guests feel.
165
:How do you prepare your guests?
166
:If we go back and look at my
very first radio show I ever did.
167
:I probably said the word um, 50 million
times because it's a filler word.
168
:So I went on to create a video to say,
here how here's how to be an expert
169
:speaker and to avoid filler words.
170
:And then I walked people through it.
171
:Like you said, leaning on your
skillset if you are a numbers
172
:person, I love numbers love numbers.
173
:That can be something that's very
useful for you as an entrepreneur
174
:because we have to know our numbers
and business and it's very simple.
175
:I remember I used to do these large
lease negotiations for commercial
176
:real estate, and some people would
think, oh my gosh, that's super scary.
177
:It really isn't.
178
:It comes down to the numbers.
179
:You work out the black and white
numbers if they're gonna give you a
180
:10 year lease, And this many dollars
of improvement, and you have to pay it
181
:back at this rate or a 15 year lease,
and then their improvement numbers go
182
:up and you have to pay it at this rate.
183
:You just do the numbers and it clearly has
a path that says this is the better deal.
184
:But most people get caught up in
the, oh, I can't really tell, and
185
:they're giving me more money here.
186
:But actually you don't
need that money now.
187
:You need that money later.
188
:So when you work out the numbers,
It works and it shows a pattern.
189
:So we all have to know numbers.
190
:If you're a numbers person, use that to
your advantage in anything you're doing,
191
:whether it be production, whether it be r
o i, whether it be, your own bookkeeping.
192
:So I love that you said rely
on what we already knew.
193
:I knew.
194
:I could talk.
195
:I knew that I could make people feel
comfortable in my presence, so I
196
:knew I had that already going for me.
197
:Then I just had to figure out the
other logistics, and every single
198
:thing out there is figureoutable.
199
:But don't try to do it on your own.
200
:I always say, get other
people involved with you.
201
:So I started talking to other podcasters.
202
:Hey, How do you run your podcast?
203
:I would get on other podcasts, I
would listen to other podcasts.
204
:I started really talking to other people
to figure out how to do it, because why
205
:spend this time trying to figure it all
out by myself instead of employing other
206
:people to help me out, and then now I
can move much quicker in my journey.
207
:So that's important too.
208
:audioChrisJolly42726526204:
Yeah, absolutely.
209
:That's.
210
:Pretty much the whole reason I think that
coaching exists and is valuable along
211
:with mentorships, masterminds courses,
even books people have written because
212
:they can take knowledge that they've
garnered through 20, 30, 40 years of hard
213
:one hard fought experience and distill
it down into this little crystallized
214
:version and save you the 10 or 20
years of making the mistakes yourself.
215
:audioColleenBiggs_col32726526204:
Yeah, I wanna ask any parent out
216
:there, would you ever have dropped off
your child at football, basketball,
217
:tee-ball, soccer, gymnastics, dance,
any of those without a coach there?
218
:Not one of them would've.
219
:I wouldn't have never.
220
:So we look at the guidance
that coach gives, right?
221
:We look at.
222
:That coach isn't necessarily
teaching your child how to play
223
:the sport from beginning to end.
224
:They're helping them hone their skills.
225
:They're guiding them, they're
showing them, they're coaching
226
:them through the process.
227
:That doesn't mean that your child's
gonna come out of there being like, a
228
:baseball player or play in the N F L.
229
:It just means that you now have the
skills and now you can do what you
230
:want with those to be able to hone
those to really become as financially
231
:free as you really want to be.
232
:Chris, there's a limited amount of money
out there that any person can tap into.
233
:Most people don't understand
it or know how to do it.
234
:But it's there.
235
:audioChrisJolly42726526204: I
think that it's just a lot of
236
:heavy conditioning for people.
237
:Most people have been taught and
have examples around them of how
238
:there isn't enough to go around and
how it's always a constant struggle,
239
:and when that's hardwired into your
nervous system, that can definitely
240
:be a challenging thing to overcome.
241
:audioColleenBiggs_col32726526204: Yeah.
242
:I think every single one of us that
I can, that I've ever come across,
243
:especially my age range and my
demographic, let's just remind everyone.
244
:I have seven kids and 12 grandkids, so
it tells you what my demographic is.
245
:I.
246
:Of how old I am and I'm also a female.
247
:So I've been through a lot of
challenges as a female in corporate
248
:America with males and all of that.
249
:But I'll tell you this, every single
one of us were taught it's hard.
250
:You have to work hard and
money doesn't grow on trees.
251
:And I could go on and on about
all the farces that we were
252
:told when we were younger.
253
:It's very easy to tap into.
254
:All you have to do
is, decide in your mind.
255
:I don't wanna have those beliefs
anymore to be successful.
256
:I have to know that.
257
:I can do it.
258
:I have to believe that it's possible.
259
:I have to know that the minute I get
into action, the universe is going
260
:to have a reaction and it's gonna
start drawing everything to me.
261
:And I'm telling you, these miracles
happen every single day in our lives.
262
:There hasn't been one day that I haven't
been supported and what I'm supposed
263
:to be doing, and we're, we have these
tiny minute little brains to try and
264
:figure out this big unfolding plan.
265
:But the plan is in motion, and all
you have to do is take the first step.
266
:You can't sit and manifest that
next new car in your driveway.
267
:It doesn't work that way.
268
:You just can't sit and
meditate it out in your office.
269
:But if you start taking actions in the
right directions, then the doors and , the
270
:paths will just start aligning for you.
271
:I've seen it in my life
a thousand times over.
272
:I literally just got a
car less than a month ago.
273
:It was on my vision board from December.
274
:The exact same color, the exact
same color inside, and the guy
275
:at the dealership said, I don't
even know how you got this car.
276
:This car should have been
outta here three weeks ago.
277
:We had so many people look at it
and then canceled appointments.
278
:They promised they were
coming back the next day.
279
:He said, you are the luckiest
person that you got this car.
280
:I said, no, I'm not lucky.
281
:It was just here waiting for me.
282
:I was supposed to be
the one to get this car.
283
:So we just have to believe
that it's possible, right?
284
:You just gotta believe.
285
:audioChrisJolly42726526204: Absolutely.
286
:What's meant for you will
always be meant for you.
287
:And you can certainly repel it and keep
it at a distance and make it take a
288
:lot longer if you can't align to it.
289
:And if you are of two minds, if you
can believe one thing and say all the
290
:affirmations you want, but if inside you
feel the opposite, then you're sending
291
:out like a muddied signal to the universe.
292
:And it's very challenging to get
the right kind of response to that.
293
:audioColleenBiggs_col32726526204:
Yeah, I'm glad you said that because
294
:in regards to money, since, being
financially free is a lot of what
295
:you talk about here on your podcast.
296
:I always have my clients go
through an exercise where I
297
:say, write a letter to money.
298
:If you were to write Dear Money, I.
299
:What would you write to money?
300
:What does that look like?
301
:And I would love for all of your listeners
to do that and write it down and then
302
:reread your relationship with money.
303
:Is it a scarcity mindset?
304
:Is it an abundance mindset?
305
:Are you scared that the money you're
gonna get is gonna go away so fast?
306
:So you hold on to all of it?
307
:Are, do you.
308
:Feel like money is free flowing.
309
:So when you get the money, are you out
there saying how much you appreciate
310
:that, what money brings for you, and
there's always an abundant amount of
311
:money that comes to you, so you're
never worried and you just enjoy what
312
:money brings you and how you can use
money to enrich the lives of others.
313
:What does that letter look
like when you write the letter?
314
:And that will tell you a lot
of what your money beliefs are.
315
:And it takes a while to undo some of
that old hardcore conditioning like
316
:you talked about, and programming
that we've had since we were younger.
317
:But when you get there and you realize
how possible it is, unstoppable, totally.
318
:audioChrisJolly42726526204:
Yeah and I love that exercise.
319
:I'm going to sit down later and
write a letter to money myself
320
:because just hearing you suggest
that, 30 things race through my mind.
321
:I was like, wow that's gonna
be a powerful exercise.
322
:So definitely thanks for that tip.
323
:Now at the same time, no matter how
much you learn and how abundant you
324
:feel and how far along in the path
you go there's always more steps.
325
:So even the most financially
astute people still face different
326
:kind of financial roadblocks.
327
:So what is maybe like the biggest
financial roadblock in your
328
:business right now, or one that
you've dealt with recently?
329
:audioColleenBiggs_col32726526204:
So I did have a financial
330
:roadblock that came up for me.
331
:I originally was built my
community with a partner.
332
:That partner and I had a falling out.
333
:We couldn't agree on what we were going to
do with the business, the exit strategies.
334
:So I stepped down as a managing member
and then just abruptly, one day I woke
335
:up and it was all gone, bank account,
website, and I was just like, oh my gosh.
336
:So I had two choices in that moment.
337
:I could stop.
338
:And crumble and walk
away and say, I'm done.
339
:I can't.
340
:I can't rebuild again.
341
:Or I could stand up
and say, you know what?
342
:I'm rebuilding this because there are
so many women out there that need this
343
:support and I'm doing it for them.
344
:And so financially that was a huge,
hurdle for me to get over because I
345
:then needed to put all of my money
in no matter how I borrowed it.
346
:What I, and here's the crazy thing, Chris,
I will share with you when that happened,
347
:I started getting all these notices.
348
:I did not apply for anything.
349
:I started getting all these
notices in my inbox you're
350
:pre-approved for a PayPal loan.
351
:You're pre-approved for a QuickBooks loan.
352
:You're pre-approved for this credit card.
353
:You're, I'm like, I've
never seen those before.
354
:Before you know it, all
this money just lined up.
355
:That I needed to put in to rebuild what
I had lost, and I started rebuilding.
356
:And I'm so glad I did because no
matter what we believe, as far as I.
357
:Life is happening to us, in that moment.
358
:There was a moment, I'm not gonna
lie, I was in a pity party moment
359
:when life was happening to me.
360
:But here's the difference.
361
:I never sent out invitations to the party.
362
:Don't send out invitations to the party.
363
:Ever.
364
:Stay in it for as long as you need to.
365
:Do your thing, work your way through it.
366
:Grieve what you needed to grieve.
367
:And Chris, that was the
biggest thing for me.
368
:I had put blood, sweat, tears, time,
energy, money into that business.
369
:I had to grieve that out.
370
:That was a lot of work, and I had
to let that go and I had to move on.
371
:Create another community that worked
for me, and ever since I did that,
372
:everything just started aligning.
373
:The money came that I had to borrow
to build, and I did it, and I was
374
:able to make money in the business.
375
:I was able to align all of my branding
now under one umbrella that made it
376
:easier for me to do business, easier for
people to recognize who I was, what I.
377
:Stood for what I did.
378
:There was no confusion anymore between,
Colleen does this over here, but she runs
379
:this community over here, and it made it
better for my business, which gave me,
380
:again, greater visibility, which again
gave me more consistency in my branding.
381
:So that had to have happened for me
to be where I am today, but I didn't
382
:see it coming, and it certainly
wasn't great when I was in the middle
383
:of it, but again, We see miracles.
384
:How we want to see miracles, and for me,
I've had some crazy stuff happen where.
385
:My husband needed a new truck for his
business, and before you know it, I get
386
:some pre-approval from the credit union
you're pre-approved to buy a new auto.
387
:I'm like, why would I be
pre-approved to buy a new auto?
388
:Like we own our own vehicles,
we don't, get loans for autos.
389
:And then I was like what the heck?
390
:He needs a new truck.
391
:They contacted me and
said, oh, you're lucky.
392
:We waived everything.
393
:You don't have to show
your financials, nothing.
394
:We're just giving you the money.
395
:What, so all of this crazy stuff
happens for me right at the time in my
396
:life because like you said, I believe,
and I work on that belief every day.
397
:I read money books.
398
:I do tapping, I read take
money master classes.
399
:I surround myself with people that have
the same belief in money that I do.
400
:You have to keep your mind strong
and your belief strong about
401
:money when you are going through a
business I've seen my clients go
402
:from, oh, I'm having the worst month.
403
:You think I'm gonna quit doing this?
404
:I suck, blah, blah, blah, to, oh
my gosh, I just got three clients.
405
:I'm the best thing ever
and my life is great.
406
:And how money can shift this.
407
:This feeling and these attitudes, and
it has that much control over you.
408
:Feel consistent about money, just feel
consistent about it and know if it leaves,
409
:it's just gonna come back in droves again.
410
:And that's just some of
the practices that I do.
411
:audioChrisJolly42726526204:
That's a really powerful story.
412
:I appreciate you sharing that with us.
413
:So many people just are, they would
quit in that sort of situation, right?
414
:Because it's too much,
it's too overwhelming.
415
:They look at all the time they put
in and they're like, you know what
416
:I guess I'm not meant to do it.
417
:But you had that belief and that
vision, and it was because you
418
:wanted to help other people.
419
:And when we are doing work for other
people, especially, then it's real
420
:easy for the money to show up because
it's not about us, it's about helping
421
:others, which depending on how you look
at it, is what money is actually for.
422
:audioColleenBiggs_col32726526204: Yeah,
and Grant Cardone does the same thing.
423
:Yeah.
424
:He gets to enjoy the luxuries
that money brings you.
425
:So never feel selfish or guilty.
426
:About that because with more
money we can do greater things.
427
:But think of all the companies
out there that have purchased his
428
:products and they are, their salesmen
are like top-notch salesmen now.
429
:And those companies are making more
money and providing more jobs and
430
:more opportunities, and families
are able to have better Christmases.
431
:I could go on.
432
:And on with the ripple effect.
433
:So that's a tough one, and we
should probably address that real
434
:quick if you want about money.
435
:A lot of people will say, I want a
million dollars, or I want $500,000.
436
:When I ask them why, they
immediately go to it's not selfishly
437
:because I want it for myself.
438
:It's why couldn't it be because
you want the money for yourself
439
:when I have more money?
440
:I become a better version of myself.
441
:I can do more, I can
make a greater impact.
442
:And I tell you what, I can donate and help
charities so much more today than I ever
443
:could before, and I just think we miss.
444
:That piece that it's okay to want a lot
of money, but most people are walking
445
:around with a little Dixie cup like this,
Chris, and that's their belief on money.
446
:And they're like, but why?
447
:It's raining money, but
I can't catch any of it.
448
:You gotta have a wheelbarrow, you
gotta have a belief that's I have a
449
:trough and I am ready to catch all
this money that is coming to me.
450
:But if our belief is this big,
We're not going to receive the
451
:way that we should be receiving.
452
:That's why.
453
:If we were to take all the wealth and
distribute it amongst everyone, it
454
:would be right back in the hands of the
top 3% within two years because anyone
455
:who has filed bankrupt and has been a
millionaire or multi-billionaire and
456
:started over has rebuilt it right back up.
457
:'cause it's their mindset on their
belief in their ability to do it.
458
:So that's why people that win lotteries.
459
:Go back to being poor if they were poor
when they bought the lottery ticket,
460
:they don't manage the money, right?
461
:'cause their mindset's not
set that way with money.
462
:So that is an important piece
to work on as a business owner,
463
:is your relationship with money.
464
:You'll never be financially
free without it ever.
465
:Ever.
466
:audioChrisJolly42726526204: Yeah
and that's such a great point.
467
:And that's why you were able to
build back up from where you were
468
:because when you've done it before,
you know you can do it again.
469
:And although it may have sucked to wake
up and your partner's gone and all the
470
:money's gone and everything you worked
for, it seems like it's been destroyed.
471
:Like you said, it's sucked in the moment.
472
:In the long run, those things are
almost always the most powerful and
473
:transformative for us because it
causes us to look at the situation in
474
:a different way, to look at ourselves
in a different way, and it really
475
:just makes us become more resilient.
476
:If you've never had to face any
battles in life, the moment you have
477
:to, you're screwed because you don't
have the fortitude, you don't have the
478
:strength, you don't have the experience
to call on, and you're just gonna fold.
479
:It sucks in the moment,
but it makes us who we are.
480
:audioColleenBiggs_col32726526204:
It is and people are like
481
:I'm so afraid to do this.
482
:What if I fail or.
483
:What if I can't make
enough money for my family?
484
:What if I can't pay my bills?
485
:And I'm like, we can,
what if this to death?
486
:So I even have my clients write
down, everything that could go right,
487
:write everything that could go wrong.
488
:And they do.
489
:And then the simple question I ask
them is death anywhere on that list?
490
:. I'm like, you can recover
from everything else.
491
:And they're like, oh, I didn't
think about it that way.
492
:So we have to be very careful
with our words and our thinking.
493
:I remember my husband when I met him
16 years ago, he would say to me, we
494
:can't afford that, or I can't afford
that, or That costs too much money.
495
:And every time he would say it,
it sounded so weird to me, and I
496
:would say maybe you can't afford it.
497
:But I can afford it because
I can afford anything I want.
498
:It doesn't have to be right now,
doesn't have to be tomorrow.
499
:But if I want something, I can afford it.
500
:Chris if your hot water heater broke
today and you walked out and all four
501
:tires were flat and your car engine
stopped working, you would figure out
502
:how to afford a new hot water heater, a
new engine, or a new car, or new tires.
503
:But so many people say, I can't.
504
:I don't have the money.
505
:It's not the truth.
506
:You can do it and you
will, and we always do.
507
:audioChrisJolly42726526204: Yeah.
508
:Yeah.
509
:It's about being resourceful.
510
:It's not about having the money yourself,
it's about having the resources to
511
:figure out how to get the money.
512
:Now I want to touch on
Colleen Financial Freedom.
513
:I know you brought in the conversation
a little bit, but for you specifically
514
:and like dollar amount aside because
you can have all the money in
515
:the world and still not be free.
516
:For you, what does financial freedom look
like if you are get to the point where
517
:you don't have to show up inside your
business if you don't want to, you've
518
:totally replaced everything you do.
519
:You have all the money you
could ever ask for, and you can
520
:spend your time as you like.
521
:What are you gonna do with your days?
522
:audioColleenBiggs_col32726526204: Yeah,
so my husband and I are actually working
523
:toward, financially freedom right now.
524
:I would say we are certainly
financially independent, so I wanna.
525
:Touch on those two things because I
work with women to become financially
526
:independent, meaning they don't need
to depend on another paycheck any other
527
:money, whether it be alimony, child
support in a relationship marriage,
528
:if a husband were to pass away, they
don't need to depend on other money and
529
:they can financially be independent.
530
:So being proud of themselves, being
proud of the businesses they build,
531
:and being financially independent
different than financially free.
532
:My husband and I we have
Amazon stores that run.
533
:We have Shopify stores
that run passive income.
534
:Those cost money, obviously
investments we have, properties
535
:that we own that generate income.
536
:We also have our businesses.
537
:And when you have a business and
you do a lot of coaching like I do,
538
:you've gotta show up in your business.
539
:But when you run a membership,
that money, you can have other
540
:people show up in the membership.
541
:You can have other people show
up to run some of the events.
542
:So how are you creating a portfolio?
543
:I would ask for individuals on how
they're generating income in different
544
:areas and not putting all your eggs
in one basket like your business.
545
:Because what happens tomorrow if you
get hit and, or something happens
546
:and you fall or you get a traumatic.
547
:Injury or a diagnosis and
you're out for six months.
548
:Is that all your income now just stops?
549
:That should never be the case.
550
:I am been financially independent
for probably 30 years already,
551
:which feels really good.
552
:So I know I can help women build that.
553
:But the other piece of it
of being financially free.
554
:It gives me the opportunity to know that
I can spend my money to help individuals
555
:to make a greater impact, to donate.
556
:I really believe that when
women have power, it's about
557
:impact change, and who can I.
558
:Spring along with me, and every
single time my mine and my
559
:husband's income has increased.
560
:We've utilized that to buy
another business with our kids,
561
:and now we're assisting them
in becoming financially free.
562
:So we reinvest our money back
into opportunities that help
563
:those around us that we love.
564
:I'm already doing what I love.
565
:I feel financially set and sound
and, my mind is, my mindset is
566
:financially set and sound on money.
567
:So we travel we do everything.
568
:Now I.
569
:As if we were financially free because
you have to act that today to be that
570
:in the future, if that makes sense.
571
:It's the only way it gets delivered.
572
:So I have, checks written on the wall
of how much money that we're gonna
573
:be generating this year, and I love
it when my husband looks at me and
574
:he is like, How are we gonna do that?
575
:I'm like, I don't know yet.
576
:But we're gonna figure it out and if
we just believe in it, it will happen.
577
:And my vision boards are like
that, and it does happen.
578
:We can make things happen hard
or we can leverage the universe,
579
:we can leverage our faith.
580
:We can leverage.
581
:All of that belief and life becomes a
lot easier and you get to enjoy your
582
:business and you get to enjoy spending
money and enjoy paying for bills.
583
:I love paying those bills and when
we feel that way about finances, that
584
:kind of creates this whole different
wave of a movement for us individually,
585
:as becoming financially free.
586
:audioChrisJolly42726526204: Love it.
587
:And I also really appreciate
you taking the time to delineate
588
:the difference between financial
independence and financial freedom.
589
:Now, I know you said you're
working from one to the other.
590
:What kind of is the gap
for you that you're.
591
:Trying to bridge to get from the
independence to the Freedom Park.
592
:audioColleenBiggs_col32726526204:
Not having to show up in my business
593
:regularly because of the coaching.
594
:It's what I love to do.
595
:And so I show up in my business now.
596
:I can show up in my business from
a sailboat, done that before I
597
:can show up from Mexico, from
any state, like I've traveled all
598
:over the place and have showed up.
599
:So there really aren't any limitations
there, but that gap is really.
600
:I have to show up.
601
:So if I chose not to show up, would
the money still flow on a regular
602
:basis into our accounts to be able
to create still keep that lifestyle?
603
:And that's the gap right now
is we still have to show up to
604
:produce most of that income.
605
:Yeah.
606
:audioChrisJolly42726526204: Like most
business owners at this point, and really
607
:something that people overlook is when you
talk about financial freedom it really,
608
:a big part of it is that time freedom
aspect because again, like I said, you
609
:can have all of the money, but if you're
still chained to your business and you
610
:have to be there or it doesn't operate,
you don't really have financial freedom.
611
:You just have a really high paying job.
612
:audioColleenBiggs_col32726526204:
That's right.
613
:audioChrisJolly42726526204: Awesome.
614
:Colleen this has been really
just an amazing conversation.
615
:You've shared so many
gems for our listeners.
616
:I know they're gonna get
so much value out of this.
617
:I really, thanks again for coming on.
618
:Now, for anybody who wants to find out
more about what you do or be in touch,
619
:what's the best place for them to do that?
620
:audioColleenBiggs_col32726526204:
So you can go to colleen bigs.net.
621
:I don't know who has.com because
there is no other Colleen Bigs
622
:out there that I can find.
623
:I'll tell you, I worked really hard
on my ss e o and my visibility in the
624
:past six years, so all you have to
do is look up Colleen Bigs and I'm
625
:like the first six pages of Google.
626
:You're not gonna find any other
Colleen Bigs out there, so I am.
627
:Easy to find.
628
:I am the girl that's kicking her
way through life on my profile.
629
:Picture on Facebook, Instagram,
LinkedIn, on my website.
630
:You can go find me anywhere.
631
:audioChrisJolly42726526204: And you'll
be the one in class that won't be quiet.
632
:audioColleenBiggs_col32726526204:
That's right.
633
:I never shut up, but that's a
634
:audioChrisJolly42726526204: Awesome.
635
:Yeah.
636
:Especially with what you do and getting
visibility for other business owners.
637
:Colleen, thanks again.
638
:It's been such a pleasure to have you
on and yeah just, it's been great.
639
:Thank you.
640
:audioColleenBiggs_col32726526204: Thanks.
641
:audioChrisJolly42726526204: Absolutely.
642
:Now, if you're listening out there to
this episode and you've enjoyed and
643
:haven't subscribed yet, we'd love for
you to go ahead and do that, and if
644
:you can, leave us a five star review.
645
:We love that as well.
646
:That really helps us
build and grow the show.
647
:And if you are a six figure plus
online entrepreneur, just like our
648
:guest today and would like to come
on and share some of your wins and
649
:challenges and stories with our
audience, we would love to consider you.
650
:So for that,
651
:audioChrisJolly21390489495: go
to p y f podcast.com . That's
652
:the letters P Y F podcast.com
653
:,
audioChrisJolly:
654
:Everybody.
655
:See you next time.