In this episode of Live With The
Pricing Lady, I sit down with
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:Carrie Gallant, CEO, and founder of
the Gallant Leadership Institute.
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:We talk about Carrie's Pricing
journey and she shares with us how
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:she helps other people negotiate
for themselves and others.
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:Sit back, relax, and enjoy the episode.
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:Janene: Welcome to Live
with The Pricing Lady.
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:I'm Janene Liston, your hostess, where
we turn Pricing confusion into clarity
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:so you can grow your business with more
confidence Today I'm very excited to have
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:a special guest with us, so please help me
welcome Carrie Gallant, CEO, and founder
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:of the Gallant Leadership Institute.
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:Hello, Carrie.
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:Carrie: Hi, Janene, so great
to be here with you today.
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:Janene: I'm excited to dig
into this conversation now.
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:One of the reasons that I invited
Carrie here to join us today is because
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:we're gonna be talking not only about
her Pricing journey, but about the
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:topic of negotiation, and I know that
you want to know more about that.
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:Before we get into that, let's
get to know Carrie a bit better.
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:Carrie, where are you calling from today?
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:Carrie: I'm calling in from
Vancouver, British Columbia in Canada.
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:Janene: Ah, bright and
early in the morning.
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:Carrie, how would you
describe your superpower?
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:Hmm.
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:Carrie: It's a great question and I love
that you asked this 'cause I think it's
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:so important to really get to know our own
superpowers and many of us don't see them.
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:And actually that's one of my superpowers
is I can help others see their superpower.
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:There's a lot of people, a lot of women
clients I work with who don't actually
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:see or know what they're great at
and think, oh, everyone can do that.
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:But when we call it out and we
can actually see that others
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:see our superpowers, then we
can actually lean into them.
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:That is definitely one of my superpowers.
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:And, and to do that, I rely on
a few different things, one of
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:which is my intuition about that.
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:Mm-hmm.
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:Because the idea comes to me clearly.
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:But also it's backed by, by
human design, which is actually
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:in my human design blueprint.
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:And maybe we'll dive into
that a little bit later.
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:But it's a tool that helps to unearth
a lot of those things and show us what
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:what we have as our human potential.
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:Janene: Excellent.
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:What is one interesting thing that
most people don't know about you that
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:you'd like to share with us today?
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:Carrie: Oh, that's so fun.
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:You know, I was thinking about this
question and I, I, there's a few different
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:things and I thought, you know what?
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:I studied theater arts in high school.
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:I realized I, I really dove
into it and was in a few plays.
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:I was in Ana Green Gables twice.
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:I wasn't Dan despite the red hair.
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:But it was a lot of fun and I really.
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:Thought my best friend at the time, and
I were really keen to get into acting
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:and, and really do a lot of that stuff.
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:And I thought, oh, this is gonna be part
of my future, is I wanna be a performer.
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:And I still do perform in a way,
in the sense that I'm, I'm now
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:more of a speaker than I am.
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:On stage and those kinds of things.
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:But my real thing is switching it
into realizing that what I love
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:doing most is having conversation.
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:Mm-hmm.
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:And
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:really studying conversation and how that
really allows our work to enhance, to
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:improve in our relationships with others.
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:And so now I help, I primarily work
with a lot of women in helping them
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:find their voice in conversation.
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:Janene: Mm-hmm.
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:Okay.
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:Well that leads into my next question.
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:What inspired you to start your business?
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:Carrie: Hmm.
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:Wow.
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:Okay.
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:Let's see.
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:What inspired me to start my business?
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:Well, a few different things.
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:I was in a different situation
at that time when I was working.
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:And there were some economic
changes happening and I looked
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:around and I, at that time I
actually was also studying coaching.
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:So I, I was a lawyer
for a number of years.
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:And while I was a lawyer,
I was also a mediator.
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:So I was helping parties to negotiate
to come together, unions and employers,
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:unions and employees and, and somebody, a
friend of mine turned me on to coaching.
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:I was actually considering doing my
PhD in psychology, which is my first
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:degree, and she said, you know what?
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:You might be, she was doing hers
at the time, and she said, you
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:might be really interested in this
thing called professional coaching.
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:And when I realized, oh, so coaching with.
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:One person is kind of like what I do
as a mediator, but helping that person.
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:You know connect with their conflict
styles and coach them through
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:conflict and do it one-on-one.
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:And so that's really kind of
what started it was looking at,
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:oh, now I'm in this situation.
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:I might have to think about what's
gonna happen with the work that I
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:was doing and might I get laid off?
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:And so I started to think
about developing my own.
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:Practice, if you will.
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:Not as a lawyer, but, but
as a coach and a mediator.
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:And so that's really what started
it my going out on my own As
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:you as, as it were at the time.
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:Right.
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:And then ultimately just really
moving that forward and, and bringing
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:it out more into what is now the
Gallant Leader Institute, which is
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:really a home and a place for women.
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:Business owners, women executives and
leaders to really come together in that
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:gallant leader model to really tap into
that authentic leadership and negotiation.
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:Mm-hmm.
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:It's training, coaching, and everything
that I can bring and help and bring
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:the community together to, to rise
into their full potential as leaders.
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:Janene: Okay, so you've mentioned
law, you mentioned psychology.
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:Can you just give us the short bio?
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:Connect the dots for me.
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:Carrie: Sure.
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:Well I did my first degree in psychology.
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:This was after theater
arts right in high school.
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:And I was really, I actually started
out as an English major, as partly
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:because of theater and my interest.
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:And then I got inspired by a really
bad grade that I got in first year
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:psychology that really ticked me off.
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:And it fueled the fire under
my butt to mm-hmm ace the
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:rest of my exams, which I did.
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:Along the way I fell in
love with this study.
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:I had in my head I might do law school.
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:I did that.
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:Taking the two pieces almost
and bringing them together.
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:And really what I talk about Janene
is, is I think the thread for me
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:between the two and seeing how my.
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:Professional life, even my personal
life has evolved since then, mm-hmm,
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:is this thread of human behavior.
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:Mm-hmm.
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:The thread of human behavior actually
started in my love of literature
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:and studying classic literature
modern literature, theater, arts,
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:and then psychology, and law.
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:Is all about human behavior.
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:It's more about trying to control
and manage human behavior and putting
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:boundaries around and guide rails around.
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:Now that's a lot of what
I help my clients do.
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:Bringing together the strategy,
the logic side of things,
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:along with more inner world.
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:Mm-hmm.
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:And, and human behavior that
the study of behavioral science.
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:Janene: The path that's taking you on.
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:One of the things we talked about is that
you supported many women in negotiating
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:for leadership roles and pay equity.
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:I'd like you to take us back
on your own journey because you
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:mentioned to me that you used to
work for the Pay Equity Commission.
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:And I'm curious to learn more about
that and how that shaped what you,
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:what you do now with your clients.
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:Carrie: Well, thank you.
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:Great question again.
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:I became a feminist along my early journey
in what I became aware of in literature
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:as well as in law about how women's lives
have unfolded and, and been constrained.
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:And, and now opening up.
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:And yet there's still so many
constraints that we, that we face.
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:And so, when I got hired for my first
job as, as a lawyer, it wasn't actually
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:as a lawyer, it was as a mediator.
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:Mm-hmm.
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:And I was the only lawyer amongst the
mediators at, at that time in pay equity.
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:So this was back in Ontario where
I'm from originally in Toronto.
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:And I was just like, oh yeah, this is it.
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:This is the dream job.
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:I get to help close the wage gap.
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:Oh my god.
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:I was so excited.
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:Right.
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:And and so I.
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:One of my experiences though.
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:So I got hired and, you know, I went
through the hiring process and the
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:usual type of conversation that you go,
do you get when you answer the phone.
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:'cause we, I was literally answering
the phone at that point in time.
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:We didn't have the internet or Zoom
and the human resources officer for
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:our parent Ministry of Labor offered
me the job and gave me the salary.
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:And said, and that's the best we can do.
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:So what did I do?
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:Janene: Accepted it.
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:Carrie: I said, yeah.
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:Automatically.
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:I said, yes.
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:Like all good girls do, right?
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:I, I was, well, I, she said it
was the best she could do, right?
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:So why wouldn't I believe that?
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:Mm-hmm.
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:And and also because I was so excited.
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:I was so excited and I thought,
wow, they want me, and I'm there.
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:And I got hired alongside the same time
as three other, two other women and a man.
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:And about 18 months into our job,
after we were traveling around the
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:province, helping unions and employers
to negotiate and employees to process
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:their complaints and deal with that.
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:And one day we on, we, we found out
over coffee we overheard that he was
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:actually making a lot more than us.
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:Mm-hmm.
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:Spoiler.
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:Carrie: Guess where we work?
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:Do remember what the story and the
Pay Equity Commission Commission
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:we're like, what this has happened.
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:Right.
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:And so I tell this story a lot
because, not because I'm slamming
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:the pay equity Commission or pay
equity because I believe in it.
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:I believe in legislation and its role.
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:And I also believe in
what the commission does.
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:It's had great success.
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:Mm-hmm.
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:Carrie: But because if
it can happen there.
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:It can happen anywhere.
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:Yeah.
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:Right.
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:Because there's this process
that we go through when we're
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:in our job negotiations that is
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:mm-hmm.
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:Carrie: Somewhat standard.
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:Mm-hmm.
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:Across the board.
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:And so it's knowing what to expect.
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:And so that was a really big learning
moment for me and for the other two women
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:because we, all three of us realized
that none of us had negotiated, none of
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:us had pushed back against the, that's
the best we can do, which we all heard.
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:Mm-hmm.
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:Carrie: But he did.
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:And so why?
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:Yeah.
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:Why did he and not we do that.
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:And so that's part of the
journey that I ended up going on.
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:Mm-hmm.
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:I will pause and say there is a second
part to this story, which is that we
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:were able to get it all back for the,
for the three of us retro retroactively.
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:Janene: Oh, that's amazing.
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:Well that's, I mean, it's, it's, it's
good because you know, they're talking
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:the, are walking the talk, let's say.
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:Carrie: Yeah.
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:And that's its own story
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:Janene: that I'd had.
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:I didn't work for the pay equity
commissioned, but my first job outta
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:university about after I left the company,
I found out that the, the young per the
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:young guy, they hired like six months
after me into the same type of job.
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:He also came straight outta university.
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:He also, he was paid more and a couple
of people in the company challenged
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:the owner of the company on it, and
the owner of the company said, I
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:would never pay a woman the same.
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:To do the same job.
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:And thankfully, I mean, I was out of
the company by then, but it, you know,
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:that, that sort of thing sticks with you.
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:Carrie: Yes, it does.
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:Yeah.
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:And the unfortunate
thing Janene is mm-hmm.
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:It still happens today.
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:Yeah.
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:It still happens today.
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:Yeah.
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:In many different ways.
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:Mm-hmm.
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:Including exactly the way you described
and exactly the way I described.
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:Mm-hmm.
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:So we are still in the same
cultural soup that we were mm-hmm.
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:10, 20, 30 years ago.
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:That is followed us for
the last 5,000 years.
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:Mm-hmm.
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:You know, it's, it's in, it's in
our, I call it the cultural soup, but
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:it's also in part, it's in our DNA.
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:Mm-hmm.
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:And.
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:You know, we, we, women have only
been at this employment game at
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:having our own money for a very,
very, very short period of time.
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:Right.
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:In the grand scheme of things.
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:Mm-hmm.
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:And so representation is a real issue.
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:Right.
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:In what, what we see growing up,
in what we feel in our physical
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:being you know, what feels safe.
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:Mm-hmm.
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:And so this is something that I work
on with my clients is helping them find
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:that place of safety to be able to.
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:Walk through the fire mm-hmm.
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:Of, of standing in the heat of, oh my God,
I'm asking for more and how to do that.
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:So it's the mechanics.
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:The strategy of negotiating,
of asking for more.
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:And even Pricing your
favorite topic, we can do it.
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:Exactly.
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:And when I'm working with my
women business owners, it's the
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:same, it's the same type of stuff.
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:Yeah.
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:Is, is working through that.
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:And then also, you know,
shoring it up with the with
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:the ability to hold ourselves.
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:Physiologically, the mindset, the the
what we have to do with so much we
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:know now about neuroscience and and,
and even somatics science in terms of
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:what, you know, you know, the whole
thing around trauma informed coaching
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:and all how that sits in the body.
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:And it can really right.
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:Guard us against doing things that are
actually in our best interest mm-hmm.
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:And in the best interest
of others as well.
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:Janene: Right, right, right.
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:So one of the things that Carrie
shared with me earlier is that she
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:was in part responsible, I will say.
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:For one of my, a chapter in one
of my favorite books of all times,
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:playing Big from Tara Moore.
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:If you haven't read this book, it's
a, it's a must, but, and not just for
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:women, but I also think for men for
fathers, for husbands, you know, I
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:think it's, it's a really important to
understand we're coming from, and am I
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:right that you're responsible in part
for, for contributing to the chapter on.
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:On negotiation or was it
in the, the course content.
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:In the course content.
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:Yeah, in the course content.
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:Okay.
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:Carrie: So I, I, when she, she
was writing the book after I got
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:involved in the course content.
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:Mm-hmm.
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:So some of it's in there,
in the book as well.
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:Right.
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:Carrie: But the, the module on negotiation
is, is actually me doing the training.
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:Okay.
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:Carrie: And Tara coaching
following up with that.
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:Right.
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:So it's a great relationship that
we've had for over a decade now.
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:Janene: It's a fantastic book
and I did the program as well
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:and I used to regularly run
book groups just on that book.
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:It's the only book group I've ever run,
and that's the only book that I ever.
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:That I ever had because
I find it so powerful.
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:Now, I'd like to shift things for
a moment here, because of course
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:we wanna learn more from you about
negotiation, but I wanna take this
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:in, in the direction of Pricing.
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:So I'd like to understand a little bit
about what was Pricing like when, for
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:you, when you first started your business.
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:Carrie: Well, it's interesting Janene.
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:'cause you've already heard my story
from when I started my career, right?
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:Mm-hmm.
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:As a lawyer.
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:So I already knew that.
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:And yet, you know, it's like I
was saying, this stuff follows us.
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:There's a reason why I didn't ask.
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:For more at the time that I didn't,
didn't know the mechanics and I
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:didn't feel that I had the ability
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:mm-hmm.
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:Carrie: In that moment to ask for more.
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:And the same thing was true
for the other two women.
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:So there's some gendered reasons
why that's true, but also personal.
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:Mm-hmm.
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:Carrie: And so when it
came time to really.
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:Price out my first offer
as a, for a paying client.
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:It was uncomfortable.
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:I'm not gonna kid you.
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:Right?
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:Of course.
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:It was uncomfortable.
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:I was like, and it was very personal.
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:I do wanna make that distinction
because it felt very personal, right?
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:Mm-hmm.
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:Oh, what am I worth?
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:That's what it, the inquiry, and
this tends to happen, I find for
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:a lot of women business owners
and entrepreneurs is it is Pricing
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:becomes a what am I personally worth?
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:So and I had come from the legal
world as well, where everything
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:is on billable hours, right?
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:Mm-hmm.
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:Now there's good and bad around
that, but everything's defined
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:by that over results, right?
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:Over the outcome itself.
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:Right.
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:Carrie: And so stepping
into entrepreneurial Pricing
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:was like, oh, what do I do?
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:I mean, I was trained as a coach
to coach for an hour or 90 minutes
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:or whatever that looked like.
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:So how do I do this?
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:Oh, I must think about how I might
have priced myself as a lawyer.
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:Mm-hmm.
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:Well, I've only been at this, I haven't
even been at this for six months.
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:So what do I do?
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:Do I charge?
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:Do I charge lowers so
I can attract people?
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:Say, oh, I'm just new.
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:You know, so, and this is common.
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:Yes.
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:Carrie: And, you know, it was, it was
kind of like staring at a blank canvas and
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:trying to go I need to be creative here.
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:Can't do it right now.
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:You know what I'm saying?
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:So,
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:Janene: and there's also a lot of fear.
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:I, and it maybe wasn't the case for
you, but I think for a, well, my
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:experience is that for a lot of women,
there's a lot of fear associated
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:with putting a price out there.
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:Carrie: Absolutely.
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:Yeah.
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:And so, of course I, I, I underpriced at
first I looked and, and I thought, okay,
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:well I'm gonna do, and also because I was
looking at what others were doing, who
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:were starting out, and I was listening
to the, the words of wisdom at the
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:time is to, you know, do it for free.
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:Get a few clients, get some testimonials.
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:There's still some
advantages in doing that.
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:Yeah.
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:And and also, and it was just like,
and then raise your prices as you go.
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:Mm-hmm.
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:Carrie: So, you know, there's some pros
and cons and some val validation in there.
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:Mm-hmm.
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:But, you know, one of the things
that I learned that I think
394
:was really valuable mm-hmm.
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:In all of that was when
you underprice yourself.
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:Others don't see your value.
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:Mm-hmm.
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:I'm gonna separate value
and worth for a second.
399
:Mm-hmm.
400
:Because value is about, this is what
negotiation is about, this is what Pricing
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:is, this is what business is about.
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:Right.
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:Right.
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:It's a value exchange.
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:Mm-hmm.
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:Carrie: I'm providing you
with this in exchange for.
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:Something.
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:Mm-hmm.
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:In exchange for compensation.
410
:Mm-hmm.
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:For a, a fee, a price,
or whatever that is.
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:Mm-hmm.
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:Carrie: And so it was really
about stepping back and thinking,
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:okay, well what am I delivering?
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:What are they receiving?
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:And so it was really getting
learning to get into that.
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:And that took a little while.
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:It took two, looking to others who
were, where I wanted to grow into and
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:thinking, oh, okay, so if she's doing
this, or even he, in some cases mm-hmm.
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:Mm-hmm.
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:I can give it a try.
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:Janene: Right.
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:I always, I talk about it often with
my clients is shifting their vision.
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:So when they're looking at their business,
they see it through a lens of value.
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:Yes, yes.
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:The value for me is one of the
things that most people, many
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:people, male and female, miss.
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:And that's one of the main reasons why
they end up feeling so insecure or feel a
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:lack of confidence around their Pricing.
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:Carrie: Absolutely.
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:Janene: Interesting.
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:So when it comes, if we take these
two topics, the Pricing topic and the
433
:negotiation, of course there is a, an
assumption that as an entrepreneur,
434
:at some point in time you're
going to be negotiating something.
435
:And I'm curious.
436
:What are the differences between
how men and women negotiate and how
437
:that might come into play in, in
entrepreneurship or in running a business?
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:Carrie: Well, and, and I, I'm gonna
but make a caveat right off the
439
:top is when we're talking about
the differences between men and
440
:women, these are trends, right?
441
:These are trends, generalization.
442
:Yeah.
443
:And so in any trend there
is like a bell curve.
444
:Mm-hmm.
445
:There's the average in the middle where
there's a reason why research goes
446
:that way, and the research that I have
read and understand and keep up with as
447
:well as anecdotally what I hear from my
clients and out there in the marketplace.
448
:Mm-hmm.
449
:Mm-hmm.
450
:Carrie: Tends to reflect this.
451
:So there's always gonna
be the outlier, right?
452
:Right.
453
:There's always gonna be the outlier that
are gonna be different men and women who
454
:are gonna say, I don't relate to that.
455
:Of course.
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:So in general when it comes to
negotiating in employment, I.
457
:For example.
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:Mm-hmm.
459
:Women are now asking at a greater
rate than they were when I started
460
:to speak about this back in the late
two thousands, based on some of the
461
:research that was coming out, that,
that point that was saying that men ask
462
:four times more often than women do.
463
:Mm-hmm.
464
:For salary when they're nego,
when they're offered a job.
465
:Mm-hmm.
466
:Carrie: And and, and here's
another, the second piece.
467
:That is still somewhat true, is
still very true, is when women do
468
:ask for more, they get 33% less.
469
:Mm-hmm.
470
:33%
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:Janene: less.
472
:That was one of the things in, in
Tara's book that always stuck with me.
473
:Yeah.
474
:Was this, this bias around both men, and
this was in, I think the research she
475
:shared was in relationship to feedback,
but both men and women tend to give women.
476
:Feedback that is less actionable.
477
:Correct.
478
:It's vague and wow, it's vague or it's,
you know, it's like a personal character
479
:trait or, you know, it's not, it's not as
actionable in terms of the type and, and
480
:quality of the feedback that they give.
481
:So it sounds, I give you an
482
:Carrie: example.
483
:Mm-hmm.
484
:One of my pet peeves.
485
:Can I give you an example of one of my
pet pees sly, I'll try this on for size.
486
:You need more executive presence.
487
:Janene: Yeah.
488
:What is that?
489
:What do you do
490
:Carrie: with that?
491
:No, no.
492
:There's, there's a, a great thing that
any person who gets feedback like that can
493
:do right away is say, what do you mean?
494
:Right.
495
:Or what's an example?
496
:Can you give me an example?
497
:Right.
498
:Carrie: What, what, what
do I need to be doing?
499
:Can I get more specific?
500
:Word examples of what I need to do.
501
:So we need to have
specificity around that.
502
:Like what's the specificity
around the feedback?
503
:Right.
504
:Ask for that specificity.
505
:Mm-hmm.
506
:So that's one thing.
507
:Yeah, you're right.
508
:It is about, there's vagueness that
that creeps into it because one of
509
:Janene: the things I see in a
Pricing context is that women try
510
:to prepare themselves to avoid.
511
:The negotiation conversation
altogether, yes.
512
:As opposed to prepare
themselves to negotiate.
513
:Carrie: I think that's absolutely true
in both those contexts, by the way.
514
:Okay.
515
:In both contexts.
516
:Yeah.
517
:Yeah.
518
:And so one of the best things
that that we do is rehearsal.
519
:Yeah.
520
:Carrie: Rehearsal.
521
:Janene: I love
522
:Carrie: that 'cause of
the avoidance, right?
523
:So we, we, we put together the
strategy, we put together the plan,
524
:and then it's like, okay, let's get on
camera or let's, if we're in person,
525
:right?
526
:It was just
527
:Carrie: with a client the other
day and she's, and she, by
528
:the way, she's in the C-suite.
529
:Mm-hmm.
530
:Carrie: And yet one of the
things that she has a hard time
531
:with is accepting compliments.
532
:Mm-hmm.
533
:And it receiving good news.
534
:Right.
535
:She doesn't, you know, there's
a resistance to that and
536
:there's a whole bunch of reasons
why that might be the case.
537
:A lot of us are.
538
:A lot of us are.
539
:Yes.
540
:And so we actually did a
rehearsal in, at lunch.
541
:We were in a restaurant, but
we had a nice quiet corner and
542
:said, okay, we're gonna practice.
543
:Yeah.
544
:And it was really uncomfortable for her.
545
:Yeah.
546
:For me to get the feedback from me.
547
:Her coach that she's been working
with for three years, I mean,
548
:we have a trust relationship.
549
:Right, right, right.
550
:But she was having a hard, so
this is, this is how we, we just
551
:wanna unpack that and practice.
552
:Doing it differently because we need
to get the words out of our mouth
553
:and actually form our lips around
the words in order for them to
554
:get out when we're under pressure.
555
:Because the moment you're in that
tough situation, again with the high
556
:stakes moments in a conversation,
in a negotiation, and they say.
557
:Oh, well, here's the best we can do.
558
:And you're like, blah, blah, blah.
559
:You know?
560
:Exactly, exactly.
561
:Unless you've rehearsed it in some way.
562
:Janene: Yeah, yeah.
563
:I did the You can, the
rest of you can't see this.
564
:'cause we're, we're, we're on audio only.
565
:But I do the Dan Egal who did the
handy brain model where, oh yes.
566
:Yeah, you get triggered
and you flip your lid.
567
:Boop lid.
568
:And it's so true, right?
569
:And then you can't, you, you know, that's
why when you feel nervous in a negotiation
570
:or when somebody asks you what you charge,
why you can't, you know, part of the
571
:reason you can't think clearly is because
you literally sever the connection between
572
:that logical thinking part of your brain
and, and the part that's just reactive.
573
:Know what, I love that you brought up the,
the practicing because that's something
574
:that I do with my clients all the time.
575
:Let's, you know, rehearse your new prices.
576
:Let's rehearse, you know, what you'll
say when they say that's too expensive.
577
:And that sort of practice can
help you prepare for those
578
:situations and, and it helps you
actually to stay more comfortable.
579
:Carrie: Agree,
580
:Janene: because you don't
have to make up an answer.
581
:You kind of already have
thought about it in advance.
582
:Carrie: And you practice the
difficult moments, right?
583
:Yeah, yeah, yeah.
584
:And but before we even get there, we have
to start at the beginning, which is around
585
:that clarity instead of the vagueness.
586
:Right?
587
:Carrie: Right.
588
:So we're given, so women are
typically given vague feedback
589
:or unactionable as Tara says.
590
:Mm-hmm.
591
:And we're also, in return, we
can also be vague ourselves.
592
:Right.
593
:We can be vague with what we want.
594
:Mm-hmm.
595
:So, and I think there's a very.
596
:Reasonable reason, background for that.
597
:And that is, you know, for millennia
I ask we weren't actually allowed.
598
:Mm-hmm.
599
:Carrie: Have clarity.
600
:We weren't really allowed to
want something specific for
601
:ourselves because mm-hmm.
602
:We were at the whim of
the males in our lives.
603
:Right.
604
:We were supported by them financially.
605
:I mean, it wasn't until the mid
seventies that women were allowed to
606
:hold their own credit, their own loans,
their own houses in their own name.
607
:Right.
608
:So this is a relatively recent
piece in our history, right?
609
:So in our DNA, we've got all this.
610
:Stuff this crap.
611
:And it's also in men's DNA too.
612
:Yes.
613
:In terms of, and women in terms
of how women see other women too.
614
:Mm-hmm.
615
:Right?
616
:Mm-hmm.
617
:So what we expect of men and women
when they come to the table, by the
618
:way, in negotiation, is different too.
619
:So I have heard this
story and I still hear it.
620
:Mm-hmm.
621
:That when a male comes to the
table, and this is in the employment
622
:situation specifically, and I
think it also mirrors mm-hmm.
623
:In the startup world and in
the venture capital world.
624
:And when, when men, when women
go for funding at banks mm-hmm.
625
:For their own businesses mm-hmm.
626
:Is the expectation is
that men will negotiate.
627
:So already they're giving
him money on the table.
628
:Right.
629
:With the, they're already upping the
offer so they don't have to negotiate.
630
:Right.
631
:Right.
632
:Right.
633
:So this is a, a cycle, but I wanna
come back to the clarity piece.
634
:Mm-hmm.
635
:I did this talk many years ago for
a group of women in construction.
636
:Mm-hmm.
637
:Women in construction.
638
:Now, I don't know about you, but
my first image when I thought, oh,
639
:I'm getting to go with these tough
women who are in construction.
640
:They're gonna be strong and powerful.
641
:They're gonna have a
few things to teach me.
642
:Well.
643
:Not quite.
644
:So women in construction, a lot
of them were internal, right?
645
:Mm-hmm.
646
:They were internal to
construction organizations.
647
:They were running the office.
648
:Mm-hmm.
649
:A few of them were out
actually in the field.
650
:Not many, but I was asked to, to ask
them a question that they could all
651
:answer at the beginning of my talk.
652
:And I thought, okay, what am I gonna ask?
653
:And so I said, okay, I've
got a great question.
654
:I'd like you to tell me what do you want?
655
:That was my question specifically.
656
:What do you want?
657
:And I tell you, Janene, they went
around the room, 40 of them, and 80%
658
:of them started their answer with this.
659
:I dunno,
660
:Carrie: I would like da da and only a
handful of them use the words I want.
661
:Now this may sound like, oh,
Carrie, what are you talking about?
662
:They're the same things.
663
:Mm-hmm.
664
:Carrie: Well, English major, right?
665
:Want is declarative.
666
:I want this.
667
:I would like Is conditional.
668
:Yeah.
669
:Carrie: Is conditional.
670
:Yeah.
671
:Carrie: And so if you think
about it, I would like X mm-hmm.
672
:If what?
673
:If it would happen?
674
:If I am lucky if you would give it to me.
675
:So it's all dependent on
something else, timing something
676
:happening that's outside of your.
677
:Right.
678
:So that this, I think we come
by this honestly, and so it's
679
:a very different thing, which
we have a hard time being that.
680
:Yeah.
681
:So that's the first piece
is getting really clear.
682
:Mm-hmm.
683
:That clarity is like the the
priceless piece of the puzzle mm-hmm.
684
:Is spending time in that clarity.
685
:Whether it's, yeah, discerning what you're
gonna have is your Pricing, which, you
686
:know, I do a whole thing with my women
entrepreneurs around that to, to discern,
687
:well, what, what is that based on?
688
:Mm-hmm.
689
:And, and the same thing with, with
with the executives when they're going
690
:through the, their, comp negotiations
is, we gotta get clear on what that is.
691
:And also part of it is
also what you don't want.
692
:So it's like having that,
having that boundary clear too.
693
:Janene: When I, when I was still in
the corporate world, I, I went, went,
694
:took the train to go for an interview.
695
:I think it was the second
round of interviews and.
696
:I hadn't really told people I was
interviewing and I got on the train
697
:to come home after the interview and
I ran into a friend on the train.
698
:She was the head of a HR from
Europe for a large FMCG company.
699
:And so I confessed to her what was going
on and she said, okay, what do you want?
700
:And I was like, a deer head in the co,
you know, a deer caught in the headlights.
701
:I was like, what do you mean what I want?
702
:She goes, that recruiter's
gonna call you tomorrow and he's
703
:gonna ask you what they want.
704
:'cause they're gonna offer you a job.
705
:Almost.
706
:Definitely.
707
:So she took out a little cocktail
napkin and we spent the next 15
708
:minutes of the 20 minute train ride.
709
:Making a list of what I wanted and,
and the things that, and she goes and,
710
:and be wild because you may not, at
the time that he asked, you have the
711
:courage to ask for all of it, but if
you write down everything, you're more
712
:likely to actually ask for some of
the things in the middle there that.
713
:You know, that maybe you wouldn't
have or would've already discounted.
714
:So it was a, it was a great lesson
to me and a great exercise as well.
715
:And now whenever I'm in a
similar situation, I'm always
716
:preparing my want list alongside
717
:a gift you gave you.
718
:Janene: Yeah, yeah, yeah, it was great.
719
:Cool.
720
:Excellent.
721
:So, Carrie.
722
:Many entrepreneurs, they struggle with
setting the right prices for their
723
:products and services and sort of re
let's say, regardless of the negotiation,
724
:although there are some important
tactics and strategies if you're in an
725
:industry where you need to negotiate.
726
:But I'm curious, based on your
experience as an entrepreneur, what
727
:tips or advice do you have for people?
728
:Hmm, great
729
:Carrie: question.
730
:I.
731
:Well, one of the tips is, is that you know
that Pricing is, is about positioning.
732
:And it's also a bit about permission
in terms of giving yourself permission
733
:to stand for that once you've decided
what it is, and I say, decided.
734
:Advisedly, I mean, it's the, the root
of the word is to cut off, right?
735
:Is to, is to leave behind
everything else When you decide,
736
:you cut off the remainder.
737
:Mm-hmm.
738
:And so when you decide on your
price, decide on your price, and
739
:that's your positioning, right?
740
:Of, of your, of your
product, of your service.
741
:And here's my tip is, my
tip is don't give discounts.
742
:Don't give discount and actually get the
word discount out of your vocabulary.
743
:Why?
744
:Because think about it, it's a di you're.
745
:The counting of your
services, you're dissing them.
746
:You're taking or saying, no,
it's not really worth that.
747
:Here.
748
:You can have it for a thousand dollars.
749
:That's my price, but oh, oh, oh.
750
:You, you don't, you
can't really do it today.
751
:Oh, oh, you need, oh, let
me just go down to 800.
752
:Well, what have you done for yourself now?
753
:You've now discounted yourself.
754
:You now discounted your business.
755
:You've now discounted your ability to
meet your target goals for your business.
756
:Mm-hmm.
757
:There's a pushback and
they can't meet the price.
758
:Mm-hmm.
759
:Great.
760
:They're probably still interested.
761
:What, what can you do?
762
:Right?
763
:Ask, ask questions, or, you know, maybe
let you can rejig your, not your price.
764
:But the package, whatever
it is you're offering.
765
:So, you know, for myself, right?
766
:If I'm a, if I'm offering a, a package,
I, I do more packages with clients.
767
:Mm-hmm.
768
:Carrie: And I say, okay, even if
I'm doing it for a corporate client,
769
:it's like, okay, we can, in, in three
months, we can do X, Y, and Z and here's
770
:because that's what they've asked for.
771
:Right?
772
:Right.
773
:So for all the things that you've asked
for, here's, here's the fee, right.
774
:Right.
775
:And they said, oh, well
we can't quite do that.
776
:This, so I have another
client, I'll give an example.
777
:I had a client that we were in
negotiation with over a some team
778
:building work around culture and
negotiation and all kinds of things.
779
:And so he asked for a bunch of stuff and
we said, okay, well we can do it this way.
780
:And, but we gave him three options.
781
:So that's the other thing too, is
it's always helpful to provide a
782
:couple of options to them already.
783
:Yes.
784
:Is we can do this for that
and we can do this for that.
785
:Mm-hmm.
786
:And he ended up doing a multi-phase
approach where we said, okay, well you
787
:know what the, in this budget year, I can
do a, so let's, let's go with a mm-hmm.
788
:Didn't.
789
:Bock on the fee at all.
790
:'cause the overall fee, it
just was too much in Right.
791
:12 month period for their budget.
792
:So they went with a, yeah.
793
:And then they said we'll do B next year.
794
:Mm-hmm.
795
:So that's great.
796
:Yeah.
797
:So we can negotiate there too,
798
:Janene: right.
799
:As
800
:Carrie: opposed to, I call it the price
801
:Janene: value scale.
802
:Carrie: Exactly, keep
the price, value, scale,
803
:Janene: and balance, and as much
as possible play on the value side
804
:and let the price side be where,
be in balance with the value side.
805
:Yeah.
806
:Yeah.
807
:Carrie: And if I can just
add one quick mm-hmm.
808
:Quick tip.
809
:And for those of you, I guess you're not
on camera, but I'm just holding my finger
810
:up to my mouth because my biggest tip in
negotiation for, especially for women,
811
:anytime, anywhere, is to stop talking.
812
:When you put your offer out, it's like
putting your anchor out into the ground.
813
:It's just stop, let it land.
814
:Yeah.
815
:Carrie: Wait for what they come back with.
816
:Yeah.
817
:Carrie: Yeah.
818
:I think the don't try to fill up
justification and excuses because
819
:you're just diminishing what
you've just put in the ground.
820
:Yeah.
821
:Janene: Yeah.
822
:I think the, the instinct is
to, to try and justify it.
823
:Yeah.
824
:But there, you don't need to justify it.
825
:What you need to do is you need to let
them reflect on it and think about,
826
:okay, does that fit with what we want?
827
:Let them, let them lead into the
next part of that discussion,
828
:and then you can respond to that.
829
:I love that.
830
:Carrie: Absolutely.
831
:Excellent.
832
:Just own it.
833
:Yeah.
834
:Yeah.
835
:Janene: Love that.
836
:Stop.
837
:Carrie: Stop talking.
838
:Janene: All right.
839
:We need to start wrapping this up now.
840
:Okay.
841
:So I'd like to know if there's one thing
you'd like people to remember from our
842
:conversation today, what would that be?
843
:Carrie: Well, you know,
I think Pricing mm-hmm.
844
:Is.
845
:A filter, not a barrier.
846
:It's a filter, not a barrier.
847
:And so when you've done your homework,
you've worked with me, or you've worked
848
:with Janene and you've got your clarity
and you've got your price decided,
849
:and your Pricing fits the goals that
you have for your business mm-hmm.
850
:And all the things that you're wanting
to do, it's a filter, not a barrier.
851
:Mm-hmm.
852
:Yes.
853
:Some people will say.
854
:At the end of the day, you know
what, it's, it's not a fit for me.
855
:Or they'll say it, I, I just can't
do it this year, or whatever.
856
:Mm-hmm.
857
:And if you're not discounting, again,
your Pricing to fit their situation,
858
:'cause it's not gonna feel good, I'm
gonna tell you that right now because
859
:I did do it once and I will never do
it again because it doesn't feel good.
860
:And, and so you're
discounting yourself, right?
861
:Right.
862
:So it's a filter.
863
:Let it be that filter for those people
who are designed to work with you mm-hmm.
864
:Mm-hmm.
865
:And are ready to work with you.
866
:Yeah.
867
:You know, I have this card on my,
on my bookcase a little further
868
:down that says what does it say?
869
:Oh, yeah, you'll be too
much for some people.
870
:Yeah.
871
:And they are not your people
to remind me, you know that.
872
:Okay.
873
:You know, I'm not everybody's cup of tea,
and that's fine because I will be for
874
:Janene: some.
875
:Yeah.
876
:I love, that's fantastic.
877
:I absolutely love that you triggered
something in my head that I'd just
878
:like to, to, to bring into the
conversation before we wrap this up.
879
:And that's that for a lot of women,
they also, you know, we're so used to
880
:trying to anticipate everybody's needs.
881
:And what they want.
882
:And so a lot of times what I see is that
people, you know, they throw the price
883
:out there and then they're trying to
anticipate the other person's reaction.
884
:I had a, another guest
on here, Orna Lewis.
885
:She was on the show while, a few
years back, but she said, get your
886
:mind outta other people's pockets.
887
:And I thought that was really useful.
888
:So that's another really
good reason to stop talking.
889
:Carrie: Yeah.
890
:And, and don't say don't,
don't say their No.
891
:Before they do.
892
:Right, right.
893
:Yeah.
894
:Let that happens a.
895
:Yeah, because you might be surprised.
896
:Yeah.
897
:And no, no isn't the
end of the negotiation.
898
:No, it doesn't have to be.
899
:No.
900
:You know, sometimes
it's the beginning even.
901
:Right.
902
:That's
903
:Janene: right.
904
:So what's next for you and your business?
905
:I.
906
:Hmm.
907
:Carrie: Wow.
908
:Great question.
909
:Well, I've got another course
that I am working on right now
910
:that's gonna be coming out soon
called Negotiation by Design.
911
:Mm-hmm.
912
:So it's taking one of my programs my
flag flagship programs on negotiation
913
:for women actually, and bringing.
914
:Human design directly into the model.
915
:'cause I've been using it a
lot with clients and helping
916
:them to get clarity again.
917
:Right.
918
:On the, on where are their strengths,
their superpowers, excuse me.
919
:And even how are they designed to make
decisions in the best way for them,
920
:and how are they designed to interact
with others and be heard by others?
921
:Mm-hmm.
922
:Their voice.
923
:There's a whole piece that goes
into the human design blueprint
924
:if you're not familiar with it.
925
:And so it's not gonna.
926
:Be the dominant part, but
it will be fed into it.
927
:So it's gonna become an integral
part of, of working with
928
:negotiating with your design.
929
:Mm-hmm.
930
:Mm-hmm.
931
:And even in terms of how others
will be designed differently
932
:from you, which is also also key.
933
:Interesting.
934
:Even what your, the quote
that you mentioned from your
935
:guest, you can't possibly know
what's in their pocket really.
936
:Right.
937
:You can't possibly know what
someone else has in their mind.
938
:No.
939
:And so, you know, it's a, it's
about recognizing that, and
940
:we don't have to control that.
941
:Yeah,
942
:we're just
943
:Carrie: here to influence what
the outcome can be that would be
944
:ideally satisfactory to both of us.
945
:Yeah,
946
:Janene: yeah.
947
:I also, I also always remind people,
you know, how dare you, how insulting
948
:is that to somebody to, you know,
to make the decision for you about
949
:what you can or cannot afford?
950
:Yeah, so super.
951
:I love the direction that
you're heading there.
952
:If people would like to find out more
about how to work with you or get
953
:more information about what you offer,
where should they reach out to you?
954
:Carrie: Well, thanks.
955
:Thanks, Janene.
956
:I really appreciate that.
957
:Mm-hmm.
958
:I think the best way for people to,
to find me and find out more about me,
959
:the easiest way is to come to LinkedIn.
960
:Okay.
961
:And just look up my name, Carrie Gallant.
962
:Mm-hmm.
963
:And you'll find me pretty much,
I think, at the top of your
964
:Google, if you do Google wise.
965
:Or just on LinkedIn.
966
:LinkedIn and there's access to my website
and, and dms and all that good stuff.
967
:That's a, a great place.
968
:I'm there pretty much every day.
969
:Janene: Mm-hmm.
970
:Excellent.
971
:So we'll put the link to her LinkedIn
profile and to her website and other
972
:places in the show notes for you.
973
:Carrie, thank you so much
for, for joining me today.
974
:This was really a great conversation.
975
:Carrie: Well, thanks
for having me, Janene.
976
:I had a lot of fun and all the
best to you and your listeners.
977
:Excellent.
978
:Janene: Thank you everyone
for listening today.
979
:We were very happy to have you join us.
980
:I wish you all the best and as
always, enjoy Pricing everyone