Hello, welcome to
Speaker:Tea with the Queen.
Speaker:Today, I want to talk
Speaker:to you about being
Speaker:in the messy middle.
Speaker:I find that with
Speaker:our clients, this
Speaker:is usually in about
Speaker:year three, or about
Speaker:the time they start
Speaker:making revenue of
Speaker:about 300, 000.
Speaker:For some reason, those
Speaker:two data points are
Speaker:quite relevant and
Speaker:quite significant.
Speaker:This is a behind
Speaker:the scenes.
Speaker:Even if you're not
Speaker:making that kind of
Speaker:money, you will get
Speaker:something out of this.
Speaker:I've got some tips
Speaker:and tricks up my
Speaker:sleeve and I hope you
Speaker:enjoy what we've got
Speaker:to talk about today.
Speaker:But first some
Speaker:background for you.
Speaker:When I first started
Speaker:my business, I didn't
Speaker:think I could sell.
Speaker:So I went out and I
Speaker:the pavement when we
Speaker:could and talked to as
Speaker:many people as I could
Speaker:in our first quarter.
Speaker:Because of that, in
Speaker:our first quarter, our
Speaker:revenue hit 240, 000.
Speaker:I realized that's
Speaker:a lot of money.
Speaker:It's a lot of money to
Speaker:a lot of people, and
Speaker:I would not recommend
Speaker:this strategy.
Speaker:Here's why I spent
Speaker:the first year of my
Speaker:business delivering
Speaker:that work, which
Speaker:made me feel like
Speaker:I was drinking
Speaker:from a fire hose.
Speaker:I did not recommend
Speaker:that, but I did
Speaker:push through.
Speaker:And today we're going
Speaker:to talk about what
Speaker:happened when I hit
Speaker:the messy middle and
Speaker:what I did about it.
Speaker:From my experience,
Speaker:the messy middle
Speaker:was about year three
Speaker:of my business.
Speaker:We just hit 750,
Speaker:000 in revenue.
Speaker:My smallest daughter
Speaker:was six years old.
Speaker:We had just come out of
Speaker:one lockdown and we're
Speaker:about to enter another,
Speaker:although we didn't
Speaker:know it at the time.
Speaker:And by December of
Speaker:that year, I was
Speaker:burnt to a crisp.
Speaker:I wasn't really
Speaker:burnt out, but I
Speaker:knew that I was on
Speaker:the cusp of burnout.
Speaker:It was a year
Speaker:like no other.
Speaker:If you live here in
Speaker:Melbourne, if you
Speaker:live in any other
Speaker:States in Australia,
Speaker:you will know it was
Speaker:a crazy, crazy year.
Speaker:With lockdown after
Speaker:lockdown here.
Speaker:Clients are a lot
Speaker:more needy than usual
Speaker:because there was so
Speaker:much change on the
Speaker:daily, some of them
Speaker:pivoting, some of
Speaker:them doing amazing,
Speaker:and some of them
Speaker:navigating heartbreak
Speaker:as they closed down
Speaker:or went bankrupt.
Speaker:I poured more into
Speaker:myself that year
Speaker:in business than I
Speaker:have ever before.
Speaker:I had some corporate
Speaker:work that went really
Speaker:well, and it came
Speaker:to the renewal of
Speaker:the contract, and
Speaker:I knew they weren't
Speaker:the organization I
Speaker:wanted to work with.
Speaker:And, by not renewing
Speaker:this contract, we
Speaker:were losing a big
Speaker:chunk of revenue.
Speaker:Because of all of
Speaker:these things, I
Speaker:had a gut feel that
Speaker:things had to change.
Speaker:Or I would fall apart.
Speaker:I had 12 different
Speaker:offers out and my
Speaker:focus was so dispersed.
Speaker:I felt like I was doing
Speaker:all the things and
Speaker:doing nothing at the
Speaker:same time, like running
Speaker:on a treadmill, right?
Speaker:My priority was my
Speaker:clients, getting
Speaker:results, making
Speaker:sure that that was
Speaker:still happening.
Speaker:So I knew that the
Speaker:client experience was
Speaker:still bang on, but to
Speaker:my own detriment, I'm
Speaker:sure you've been here.
Speaker:Anyone who's been
Speaker:through any peaks and
Speaker:troughs of business
Speaker:know how this feels.
Speaker:I had some
Speaker:realizations.
Speaker:They were this.
Speaker:I forgot to say
Speaker:no to money.
Speaker:I teach people in
Speaker:their first year to
Speaker:say yes to money.
Speaker:I just forgot to say
Speaker:no when I was already
Speaker:stretched thin.
Speaker:Things were
Speaker:unsustainable.
Speaker:Just too much
Speaker:in the diary.
Speaker:P.
Speaker:S.
Speaker:My husband did tell
Speaker:me that after year
Speaker:one, but he may
Speaker:have been ignored.
Speaker:Hope he's not
Speaker:listening.
Speaker:I was tired.
Speaker:I was tired from not
Speaker:doing anything for
Speaker:myself outside of my
Speaker:family and my business.
Speaker:We've all been there.
Speaker:We've lost the joy.
Speaker:I was working way
Speaker:more than I wanted to.
Speaker:And I was giving the
Speaker:dregs to my family at
Speaker:the end of the day.
Speaker:Hands up.
Speaker:Who's been there?
Speaker:the realization I had
Speaker:is that my business
Speaker:had evolved and lost
Speaker:a little bit of its
Speaker:clarity of its offers.
Speaker:And I loved simplicity,
Speaker:but I didn't feel
Speaker:like it was simple.
Speaker:These things do happen.
Speaker:This is what
Speaker:happens in business.
Speaker:When we've been in
Speaker:and around a while, we
Speaker:evolve, we create new
Speaker:things, and we do all
Speaker:the bits and pieces
Speaker:for everyone else.
Speaker:And we say yes,
Speaker:and we work out
Speaker:the details later.
Speaker:Sometimes it's
Speaker:good to take stock.
Speaker:Hindsight's a
Speaker:wonderful thing.
Speaker:Here are five
Speaker:things, five things.
Speaker:I always say that and
Speaker:then there's actually
Speaker:nine things, but here
Speaker:are nine things I did
Speaker:to get through this.
Speaker:I held a meeting with
Speaker:myself that lasted
Speaker:about three days.
Speaker:Uh, I poured through
Speaker:all the data.
Speaker:I looked at all the
Speaker:offers and services
Speaker:that I loved and that
Speaker:made good revenue.
Speaker:I looked at the ones
Speaker:that gave me joy and
Speaker:energy and looked at
Speaker:the ones who weren't
Speaker:profitable and they
Speaker:didn't give me joy.
Speaker:So I put them
Speaker:into categories.
Speaker:It was awesome.
Speaker:Two, I reminded myself
Speaker:why I was in business.
Speaker:To help women get
Speaker:awesome results to make
Speaker:sure they have revenue
Speaker:and profit in the bank.
Speaker:Three, I always wanted
Speaker:to build relationships
Speaker:and deliver
Speaker:to my clients.
Speaker:They have always been
Speaker:my two focuses and
Speaker:the rest is the busy
Speaker:admin crap that we just
Speaker:have to do as owners.
Speaker:Or do we?
Speaker:How much busy admin
Speaker:crap are you doing
Speaker:that you could
Speaker:outsource?
Speaker:That's my question
Speaker:for today.
Speaker:Number four, I let
Speaker:some clients in who
Speaker:no longer aligned with
Speaker:my values or maybe
Speaker:they never did, but
Speaker:I didn't realize it.
Speaker:So number five, I cut
Speaker:all of my offers back.
Speaker:So I had a core
Speaker:offering of three only.
Speaker:Yes, there's a few
Speaker:more now, but they,
Speaker:there were, we pulled
Speaker:it back to three only.
Speaker:Number six, I upgraded
Speaker:my outsourcing
Speaker:components like
Speaker:events and marketing
Speaker:and my knowledge
Speaker:and own skills
Speaker:around the finances.
Speaker:I up leveled that, I
Speaker:out sourced even more
Speaker:things that didn't
Speaker:give me joy, which is
Speaker:basically everything
Speaker:except relationships
Speaker:and delivery.
Speaker:Number seven,
Speaker:I invested in a
Speaker:new website, some
Speaker:new technology,
Speaker:and some different
Speaker:people around me
Speaker:for some creative
Speaker:thinking.
Speaker:Major upgrade.
Speaker:Number eight.
Speaker:I won't lie.
Speaker:Some of the
Speaker:decisions did hurt.
Speaker:Some of the people
Speaker:who I worked with in
Speaker:terms of suppliers,
Speaker:I had outgrown.
Speaker:And whilst I love
Speaker:them as people, I
Speaker:knew I needed to make
Speaker:some tough decisions
Speaker:to clear the way
Speaker:for myself to see
Speaker:the light at the
Speaker:end of the tunnel.
Speaker:And number nine, my
Speaker:ninth realization,
Speaker:these are a lot
Speaker:of realizations.
Speaker:I committed to
Speaker:spending a year in the
Speaker:business, consolidating
Speaker:everything we had
Speaker:and trying hard Very
Speaker:hard, not committing
Speaker:to anything else.
Speaker:Shout out to Serena
Speaker:Francis, who is my
Speaker:business manager
Speaker:and also happens to
Speaker:be my older sister.
Speaker:She has worked with
Speaker:me in the business
Speaker:for five years.
Speaker:Bless her soul.
Speaker:she tried really hard
Speaker:and continues to try
Speaker:really hard to keep me
Speaker:accountable and to not
Speaker:let me put things in
Speaker:my own diary because
Speaker:it's just a mess.
Speaker:I double booked myself.
Speaker:I triple booked myself
Speaker:and she's like hands
Speaker:out of the diary.
Speaker:So we committed to
Speaker:spending a year.
Speaker:In the business
Speaker:consolidating.
Speaker:That was a
Speaker:lot of things.
Speaker:Hey, for feeling
Speaker:like I was in
Speaker:the messy middle.
Speaker:I suppose the big thing
Speaker:that you need to think
Speaker:about is can you pause?
Speaker:Can you just pause
Speaker:for a minute, take
Speaker:some time out and take
Speaker:stock because that's
Speaker:really what you had to
Speaker:do just so that we are
Speaker:clear sorting through
Speaker:this whole process.
Speaker:took about a year.
Speaker:There were some
Speaker:very quick wins.
Speaker:You know, you can cut
Speaker:clients like that.
Speaker:you can finish up
Speaker:work like that, those
Speaker:things are a bit easy,
Speaker:but I was determined
Speaker:to set us up not only
Speaker:for success, but for
Speaker:sustainable success.
Speaker:Yeah.
Speaker:We're now heading
Speaker:into year seven.
Speaker:So a few years
Speaker:have passed.
Speaker:Are we there yet?
Speaker:Well, from an evolution
Speaker:perspective, yes, we
Speaker:are, Interestingly,
Speaker:from year three to
Speaker:year seven, where we
Speaker:are now, we continue
Speaker:to have on average
Speaker:a 15 percent growth
Speaker:year on a year,
Speaker:which is amazing,
Speaker:but also brings
Speaker:about a different
Speaker:kind of challenge.
Speaker:The types of challenges
Speaker:that I face now are,
Speaker:these are not in
Speaker:order, but there's
Speaker:eight of them.
Speaker:Managing myself,
Speaker:my health, and my
Speaker:energy to perform.
Speaker:Business is a marathon,
Speaker:not a sprint, right?
Speaker:So you need to
Speaker:be match fit.
Speaker:And I focus on my
Speaker:health as part of that.
Speaker:Two, finding great
Speaker:people to work
Speaker:alongside me as
Speaker:subcontractors for some
Speaker:of my corporate roles.
Speaker:Number three, we now
Speaker:say a lot more no.
Speaker:To a lot more work.
Speaker:No being a full
Speaker:sentence and
Speaker:that's okay.
Speaker:We're finding more
Speaker:people to refer
Speaker:potential clients to,
Speaker:which is brilliant.
Speaker:So someone who has
Speaker:been in business a
Speaker:shorter period of
Speaker:time, or maybe needs
Speaker:a set of clients or
Speaker:whatever, we are more
Speaker:than happy to refer.
Speaker:Five, we focus on
Speaker:the work that gives
Speaker:me maximum joy and
Speaker:has the most amount
Speaker:of impact for me.
Speaker:And that will be
Speaker:different for you
Speaker:and for everyone.
Speaker:The legals, they've
Speaker:become different.
Speaker:Licensing, for
Speaker:example, is a bit more
Speaker:complicated than a
Speaker:contract, for instance.
Speaker:Uh, but we are doing
Speaker:some more things
Speaker:around our legals.
Speaker:So we've always had
Speaker:legals and a shout
Speaker:out to Tracy Marla
Speaker:Crane at TM Solisa.
Speaker:She does an
Speaker:amazing job for us.
Speaker:Now we're moving
Speaker:into some licensing
Speaker:bits and pieces,
Speaker:uh, more on that
Speaker:in another episode.
Speaker:Seven, we're continuing
Speaker:to keep relevant
Speaker:and listening to our
Speaker:audience and making
Speaker:sure that what we
Speaker:offer actually matches
Speaker:the environment.
Speaker:And actually we've
Speaker:probably done that
Speaker:the whole time, which
Speaker:is what it's got us
Speaker:into the pickle in
Speaker:the first instance.
Speaker:We want to serve
Speaker:our audience and our
Speaker:clients in whatever
Speaker:way that looks like.
Speaker:And so, uh, that's
Speaker:been interesting, but I
Speaker:have to be very careful
Speaker:not to add more things
Speaker:in the diary without
Speaker:pulling stuff out.
Speaker:Because I'll just
Speaker:keep pushing and
Speaker:pushing and that's
Speaker:not great either.
Speaker:I don't want to
Speaker:go back there.
Speaker:And then number eight
Speaker:for us was we need to
Speaker:think bigger sometimes.
Speaker:And I've just
Speaker:finished reading a
Speaker:book called 10 X.
Speaker:Uh, it's by
Speaker:Dan Sullivan.
Speaker:I think his name
Speaker:is Dan Sullivan.
Speaker:Anyway, 10 X the book.
Speaker:He also write, wrote,
Speaker:who not how and the
Speaker:gap and the gain.
Speaker:And he talks about
Speaker:if you needed to
Speaker:think about 10 X.
Speaker:Could you just do
Speaker:more of the same?
Speaker:No, you couldn't.
Speaker:You'd have to have
Speaker:a fundamental shift.
Speaker:And that's what this
Speaker:next level this next
Speaker:year is about for us.
Speaker:But the positives
Speaker:to going through
Speaker:this is it doesn't
Speaker:feel as hard now.
Speaker:The messy middle,
Speaker:chaotic and
Speaker:overwhelming
Speaker:at times Now.
Speaker:We have a lot more
Speaker:money in the bank, a
Speaker:buffer, which means
Speaker:you have, we have
Speaker:more choice on who
Speaker:to bring in, what to
Speaker:outsource and where
Speaker:to spend our money.
Speaker:Right.
Speaker:When we're in the messy
Speaker:middle and a lot of
Speaker:my clients experienced
Speaker:this, they're not
Speaker:sure if they can
Speaker:outsource or not.
Speaker:So we'd have to look
Speaker:at some, we go a bit
Speaker:deeper into the numbers
Speaker:and we'll work out
Speaker:actually, do they have
Speaker:enough profit or enough
Speaker:money in their bank
Speaker:account to outsource?
Speaker:If you are in the
Speaker:messy middle, I promise
Speaker:it gets better, but
Speaker:you need to stop and
Speaker:you need to pause
Speaker:and you need to get
Speaker:some butcher's paper
Speaker:and take a moment to
Speaker:have a meeting with
Speaker:yourself and work
Speaker:out what services and
Speaker:products and offerings
Speaker:you have and what
Speaker:you need to snip and
Speaker:what you need to cut.
Speaker:pop in.
Speaker:If you do those
Speaker:things, you will see
Speaker:a significant shift
Speaker:from overwhelmed
Speaker:to clarity and from
Speaker:chaos to something
Speaker:more manageable.
Speaker:I would love to
Speaker:hear how you go.
Speaker:Let me know if you're
Speaker:in the messy middle.
Speaker:I would love to
Speaker:hear that as well.
Speaker:And if you've been in
Speaker:the messy middle and
Speaker:you're out the other
Speaker:side, let us know.
Speaker:I want to, I want to
Speaker:know and I want to
Speaker:hear what you did to
Speaker:get from the messy
Speaker:middle to the beauty
Speaker:of the other side.