Episode 43

Making Money Magic With Colleen Biggs

Want to use your business to get you to financial freedom? You're in the right place.

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To learn more about today's guest, please visit https://colleenbiggs.net/

Transcript
Speaker:

audioChrisJolly42726526204:

Hey, everybody out there.

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Welcome back to the show.

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As always, I am very excited because

today we have another really amazing

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guest on her name is Colleen Biggs,

and she is a business peak performance

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coach and business consultant who has

been in the industry for over 20 years.

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Who?

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Colleen, it's amazing

to have you on today.

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Thanks for joining us.

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audioColleenBiggs_col32726526204:

Hi Chris.

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Thanks.

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I am super excited to be here.

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Yours was one of the podcasts that I'm on

this first quarter that I was excited and.

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Looking forward to, because I read

all of your stuff and I love your

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authenticity and everything about you.

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audioChrisJolly42726526204: Thank

you so much and we're really

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excited to have you on as well.

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I know especially with all your

experience, you're gonna have a lot of

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great wisdom for our audience out there.

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A lot of wonderful Jens, and, probably

some different wins and challenges

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that they can really relate with.

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So why don't you tell everybody a little

bit more about who you are, what you do,

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who you help, and all that great stuff.

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audioColleenBiggs_col32726526204: Great.

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Thank you so much.

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I started back really in 2000 and

two when I joined a company called

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The Little Gym International.

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And I fell in love with

the founder's vision.

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So I think it's important for us one,

To fall in love with the passion of

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what we're doing and at that time it was

the vision of the owner of the company.

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So we can love our jobs, right?

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In corporate America, we don't

have to be entrepreneurs to

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be in love with what we do.

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And I was really excited to

be able to come onto that team

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because his vision was, really

providing a nurturing and safe.

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Area for young children, four months

to 12 years of age to be able to fail,

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to be able to recognize wins, to be

able to listen, to be able to know and

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understand their spatial awareness.

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It was all about these cognitive

skills that they needed to learn,

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but during that time, they gained

this self-confidence and self-esteem.

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I feel like it was a little mini baby

business school that I feel like a

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lot of adults need to go through.

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And I share that because I fell into

business consulting during my time

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with this corporation and really

loved working with individual owners.

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And what I found out what made

them so unique was what each one

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of them brought to the table.

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Their knowledge, their skills,

their experience, their background.

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Every single person listening today,

that's what you bring to the table

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that's different than someone else.

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So that's the focus, right?

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For why you are different and why you can

do it different than someone else, right?

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Chris has a podcast.

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I have a podcast, but I look

at his podcast and he does his

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podcast different than mine.

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So he's gonna attract a different

audience, then I'm going to attract.

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That's what makes us different and

it makes us able to work together.

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Leverage and assist each other

rather than compete with each other.

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So I dropped out of Corporate

America, retired, said Kiss Corporate.

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Goodbye.

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Left that in 2019 , started a

community, started a live radio show.

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I had no idea how to do any of that.

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By the way, I just said I was a

business consultant for 20 years working

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and launching over 300 businesses.

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That was my skillset.

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So being a podcast host,

I had no idea what to do.

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But I learned, right?

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Everything's figureoutable.

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I had no idea how I was gonna figure out

how to run a community, but I knew this.

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I already knew that I had a passion

for the last 20 years of bringing

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these children together in this

safe and nurturing environment.

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Why couldn't I do that for women?

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Why couldn't I bring them together in

this safe and nurturing environment?

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Where now they have the opportunity

to grow their business together,

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collaborate together, network together,

support each other, open up doors for

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opportunity for one another, and at the

same breath, they could get visibility.

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So I created this community where they

were able to be on platforms to get.

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Interviews, live interviews on

LinkedIn, live interviews on YouTube.

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They're able to teach masterclasses.

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They're in the spotlight on

newsletter, social media, blogs.

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Everything we do in our community

spotlights the business owner, and

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that's important because, If any of you

have ever opened a business, it's not.

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I build it and there's the website

and everyone just comes and starts

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buying products and services.

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It doesn't work that way.

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You have to tell everyone about you and

not be the world's best kept secret.

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So really that's what I do.

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I take women that are the world's best

kept secret, and I get 'em out there.

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So they can be seen.

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They can be heard, and

they can be visible.

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audioChrisJolly42726526204: I love that.

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I don't know if you are familiar

with or listen to Grant Cardone

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at all, but one of the things that

he talks about is that it's the.

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Problem that you have is not

that you're not doing sales.

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It's not that your product

isn't great, the problem is

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that nobody knows who you are.

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And if you're not constantly out there

telling people who you are and what your

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business is, somebody else is out there

and they're gonna get the business.

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audioColleenBiggs_col32726526204:

That's right.

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And it's how I teach all of my

clients to get the visibility and

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the success I attract my clients.

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That's why I wrote a book.

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I wrote a book that's called Step

Into the Spotlight, to expand your

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influence to attract the right clients.

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'cause no one wants to

attract the wrong clients.

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You wanna attract the right clients.

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So like you Chris, and why I love

the way that you write is 'cause

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you write the way you speak.

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So when you are authentic in the way that

you write, And the way that you speak, you

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are gonna attract specific people to you.

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Based on that.

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If I'm out there talking about

entrepreneurs and females and growing

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businesses, I'm not gonna attract

the male who's in corporate America.

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It's just not gonna happen.

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So you're right.

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Grant Cardone, one of my favorites.

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He is all to the throttle all the time.

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He's right.

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It's not only who you know, what you

know, but it's about who knows you, and

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that's the magic factor right there.

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audioChrisJolly42726526204: Absolutely.

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People don't go to the McDonald's

because they have the best hamburger.

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There are a million different

restaurants who make better hamburgers,

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but everybody knows McDonald's.

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They know what they're gonna get.

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And even though the quality isn't

great, it's the knowledge of

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who they are and the consistency

that kind of bring people back.

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Now, I wanted to touch back on

something you said a little bit

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earlier, because most entrepreneurs

don't start out doing businesses their

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whole life and are always in business.

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They usually have a job and then they

decide they want to do their own thing.

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I feel like a lot of people get

caught up because they're like,

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okay, I don't know how to do this.

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You didn't know how to podcast.

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You hadn't ever started

a community before.

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So these are like new

challenges that can be scary.

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But at the same time, you had a skillset

that you could lean on, which even

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though it was something new that you

hadn't tried, you can go back and say

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I already know how to do this, thi

these things, I just apply it to that.

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So could you touch on that

a little bit more for us?

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audioColleenBiggs_col32726526204:

Yes, Chris.

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Okay, so I'm just gonna be

very vulnerable with everyone.

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I have the best gift of gab.

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I'm just gonna go for it in sixth grade.

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I was in detention every single

day because I talked too much and

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there were too many, check marks

by my name, and I thought, why is

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this person trying to shut me up?

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I don't understand why I don't have

the freedom to be able to speak.

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Little did I know that

I was gonna go on to be.

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A leader of a community to be able to

speak on a podcast that reaches millions

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of people and to speak on keynote stages

where I'm reaching thousands of people.

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I had no idea that's what God was

preparing me for, but I leaned on.

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I knew this.

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I loved being around people.

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I knew that I could speak.

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That I could talk, right?

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And so if I knew that what I did is

I just started listening to podcasts,

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I'd really never been into podcasts

up to that point other than what you

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hear on the radio, live radio shows

that you hear driving to and from work.

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So I started listening to them

and I will tell you what Chris.

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There are a lot of not so good podcasts

out there to the point where I was like,

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I think I'd rather put a fork in my eye

than listen to this podcast right now.

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So I thought, oh, I can do better.

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I know I can do this.

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I started reading all about what

questions never to ask a guest how

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you're supposed to help your guests feel.

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How do you prepare your guests?

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If we go back and look at my

very first radio show I ever did.

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I probably said the word um, 50 million

times because it's a filler word.

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So I went on to create a video to say,

here how here's how to be an expert

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speaker and to avoid filler words.

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And then I walked people through it.

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Like you said, leaning on your

skillset if you are a numbers

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person, I love numbers love numbers.

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That can be something that's very

useful for you as an entrepreneur

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because we have to know our numbers

and business and it's very simple.

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I remember I used to do these large

lease negotiations for commercial

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real estate, and some people would

think, oh my gosh, that's super scary.

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It really isn't.

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It comes down to the numbers.

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You work out the black and white

numbers if they're gonna give you a

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10 year lease, And this many dollars

of improvement, and you have to pay it

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back at this rate or a 15 year lease,

and then their improvement numbers go

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up and you have to pay it at this rate.

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You just do the numbers and it clearly has

a path that says this is the better deal.

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But most people get caught up in

the, oh, I can't really tell, and

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they're giving me more money here.

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But actually you don't

need that money now.

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You need that money later.

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So when you work out the numbers,

It works and it shows a pattern.

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So we all have to know numbers.

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If you're a numbers person, use that to

your advantage in anything you're doing,

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whether it be production, whether it be r

o i, whether it be, your own bookkeeping.

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So I love that you said rely

on what we already knew.

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I knew.

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I could talk.

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I knew that I could make people feel

comfortable in my presence, so I

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knew I had that already going for me.

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Then I just had to figure out the

other logistics, and every single

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thing out there is figureoutable.

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But don't try to do it on your own.

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I always say, get other

people involved with you.

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So I started talking to other podcasters.

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Hey, How do you run your podcast?

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I would get on other podcasts, I

would listen to other podcasts.

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I started really talking to other people

to figure out how to do it, because why

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spend this time trying to figure it all

out by myself instead of employing other

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people to help me out, and then now I

can move much quicker in my journey.

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So that's important too.

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audioChrisJolly42726526204:

Yeah, absolutely.

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That's.

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Pretty much the whole reason I think that

coaching exists and is valuable along

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with mentorships, masterminds courses,

even books people have written because

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they can take knowledge that they've

garnered through 20, 30, 40 years of hard

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one hard fought experience and distill

it down into this little crystallized

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version and save you the 10 or 20

years of making the mistakes yourself.

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audioColleenBiggs_col32726526204:

Yeah, I wanna ask any parent out

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there, would you ever have dropped off

your child at football, basketball,

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tee-ball, soccer, gymnastics, dance,

any of those without a coach there?

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Not one of them would've.

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I wouldn't have never.

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So we look at the guidance

that coach gives, right?

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We look at.

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That coach isn't necessarily

teaching your child how to play

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the sport from beginning to end.

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They're helping them hone their skills.

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They're guiding them, they're

showing them, they're coaching

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them through the process.

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That doesn't mean that your child's

gonna come out of there being like, a

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baseball player or play in the N F L.

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It just means that you now have the

skills and now you can do what you

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want with those to be able to hone

those to really become as financially

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free as you really want to be.

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Chris, there's a limited amount of money

out there that any person can tap into.

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Most people don't understand

it or know how to do it.

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But it's there.

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audioChrisJolly42726526204: I

think that it's just a lot of

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heavy conditioning for people.

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Most people have been taught and

have examples around them of how

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there isn't enough to go around and

how it's always a constant struggle,

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and when that's hardwired into your

nervous system, that can definitely

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be a challenging thing to overcome.

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audioColleenBiggs_col32726526204: Yeah.

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I think every single one of us that

I can, that I've ever come across,

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especially my age range and my

demographic, let's just remind everyone.

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I have seven kids and 12 grandkids, so

it tells you what my demographic is.

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I.

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Of how old I am and I'm also a female.

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So I've been through a lot of

challenges as a female in corporate

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America with males and all of that.

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But I'll tell you this, every single

one of us were taught it's hard.

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You have to work hard and

money doesn't grow on trees.

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And I could go on and on about

all the farces that we were

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told when we were younger.

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It's very easy to tap into.

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All you have to do

is, decide in your mind.

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I don't wanna have those beliefs

anymore to be successful.

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I have to know that.

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I can do it.

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I have to believe that it's possible.

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I have to know that the minute I get

into action, the universe is going

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to have a reaction and it's gonna

start drawing everything to me.

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And I'm telling you, these miracles

happen every single day in our lives.

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There hasn't been one day that I haven't

been supported and what I'm supposed

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to be doing, and we're, we have these

tiny minute little brains to try and

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figure out this big unfolding plan.

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But the plan is in motion, and all

you have to do is take the first step.

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You can't sit and manifest that

next new car in your driveway.

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It doesn't work that way.

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You just can't sit and

meditate it out in your office.

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But if you start taking actions in the

right directions, then the doors and , the

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paths will just start aligning for you.

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I've seen it in my life

a thousand times over.

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I literally just got a

car less than a month ago.

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It was on my vision board from December.

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The exact same color, the exact

same color inside, and the guy

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at the dealership said, I don't

even know how you got this car.

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This car should have been

outta here three weeks ago.

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We had so many people look at it

and then canceled appointments.

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They promised they were

coming back the next day.

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He said, you are the luckiest

person that you got this car.

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I said, no, I'm not lucky.

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It was just here waiting for me.

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I was supposed to be

the one to get this car.

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So we just have to believe

that it's possible, right?

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You just gotta believe.

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audioChrisJolly42726526204: Absolutely.

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What's meant for you will

always be meant for you.

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And you can certainly repel it and keep

it at a distance and make it take a

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lot longer if you can't align to it.

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And if you are of two minds, if you

can believe one thing and say all the

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affirmations you want, but if inside you

feel the opposite, then you're sending

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out like a muddied signal to the universe.

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And it's very challenging to get

the right kind of response to that.

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audioColleenBiggs_col32726526204:

Yeah, I'm glad you said that because

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in regards to money, since, being

financially free is a lot of what

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you talk about here on your podcast.

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I always have my clients go

through an exercise where I

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say, write a letter to money.

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If you were to write Dear Money, I.

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What would you write to money?

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What does that look like?

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And I would love for all of your listeners

to do that and write it down and then

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reread your relationship with money.

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Is it a scarcity mindset?

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Is it an abundance mindset?

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Are you scared that the money you're

gonna get is gonna go away so fast?

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So you hold on to all of it?

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Are, do you.

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Feel like money is free flowing.

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So when you get the money, are you out

there saying how much you appreciate

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that, what money brings for you, and

there's always an abundant amount of

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money that comes to you, so you're

never worried and you just enjoy what

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money brings you and how you can use

money to enrich the lives of others.

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What does that letter look

like when you write the letter?

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And that will tell you a lot

of what your money beliefs are.

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And it takes a while to undo some of

that old hardcore conditioning like

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you talked about, and programming

that we've had since we were younger.

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But when you get there and you realize

how possible it is, unstoppable, totally.

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audioChrisJolly42726526204:

Yeah and I love that exercise.

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I'm going to sit down later and

write a letter to money myself

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because just hearing you suggest

that, 30 things race through my mind.

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I was like, wow that's gonna

be a powerful exercise.

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So definitely thanks for that tip.

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Now at the same time, no matter how

much you learn and how abundant you

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feel and how far along in the path

you go there's always more steps.

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So even the most financially

astute people still face different

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kind of financial roadblocks.

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So what is maybe like the biggest

financial roadblock in your

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business right now, or one that

you've dealt with recently?

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audioColleenBiggs_col32726526204:

So I did have a financial

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roadblock that came up for me.

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I originally was built my

community with a partner.

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That partner and I had a falling out.

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We couldn't agree on what we were going to

do with the business, the exit strategies.

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So I stepped down as a managing member

and then just abruptly, one day I woke

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up and it was all gone, bank account,

website, and I was just like, oh my gosh.

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So I had two choices in that moment.

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I could stop.

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And crumble and walk

away and say, I'm done.

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I can't.

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I can't rebuild again.

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Or I could stand up

and say, you know what?

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I'm rebuilding this because there are

so many women out there that need this

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support and I'm doing it for them.

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And so financially that was a huge,

hurdle for me to get over because I

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then needed to put all of my money

in no matter how I borrowed it.

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What I, and here's the crazy thing, Chris,

I will share with you when that happened,

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I started getting all these notices.

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I did not apply for anything.

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I started getting all these

notices in my inbox you're

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pre-approved for a PayPal loan.

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You're pre-approved for a QuickBooks loan.

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You're pre-approved for this credit card.

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You're, I'm like, I've

never seen those before.

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Before you know it, all

this money just lined up.

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That I needed to put in to rebuild what

I had lost, and I started rebuilding.

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And I'm so glad I did because no

matter what we believe, as far as I.

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Life is happening to us, in that moment.

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There was a moment, I'm not gonna

lie, I was in a pity party moment

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when life was happening to me.

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But here's the difference.

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I never sent out invitations to the party.

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Don't send out invitations to the party.

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Ever.

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Stay in it for as long as you need to.

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Do your thing, work your way through it.

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Grieve what you needed to grieve.

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:

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.

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About the Podcast

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Pay Yourself First
A Podcast for Entrepreneurs

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Christopher Jolly