1 00:00:00,000 --> 00:00:02,160 Kat: In today's episode, we're going to talk about six 2 00:00:02,160 --> 00:00:04,230 characteristics of a growth mindset. 3 00:00:04,510 --> 00:00:07,470 I'm going to share examples from successful entrepreneurs and 4 00:00:07,480 --> 00:00:10,860 leaders who have exemplified these characteristics, as well as share 5 00:00:10,860 --> 00:00:12,529 some of my personal experiences. 6 00:00:12,950 --> 00:00:17,120 I'm also going to share ways that we can adapt this and share it 7 00:00:17,190 --> 00:00:18,720 to the children in our lives. 8 00:00:18,990 --> 00:00:19,950 So stay tuned. 9 00:00:21,909 --> 00:00:23,030 Hey, my name is Kat. 10 00:00:23,439 --> 00:00:23,920 And I'm Lee. 11 00:00:24,265 --> 00:00:27,505 And welcome to the Wildly Wealthy Life podcast. 12 00:00:29,195 --> 00:00:32,495 In this show, we explore the journey of what it means to live a truly 13 00:00:32,495 --> 00:00:34,045 exceptional and fulfilling life. 14 00:00:34,435 --> 00:00:37,774 Each episode focuses on how a foundation of brilliant minds and 15 00:00:37,774 --> 00:00:41,635 brave hearts nurtured through the arts leads to lifelong success. 16 00:00:41,950 --> 00:00:46,410 Get inspired with actionable tips to foster a growth mindset, leadership values 17 00:00:46,599 --> 00:00:50,149 and creativity in children and adults, turning their potential into lasting 18 00:00:50,160 --> 00:00:52,239 contributions for their communities. 19 00:00:52,550 --> 00:00:55,539 We hope that you embrace the challenge to shift your perspective 20 00:00:55,789 --> 00:01:00,709 as we equip you and the next generation for a wildly wealthy life. 21 00:01:08,600 --> 00:01:09,289 Welcome back. 22 00:01:09,509 --> 00:01:14,399 In the last episode, I talked about the Wildly Wealthy Life Ladder, and it is a 23 00:01:14,399 --> 00:01:19,570 framework that I sort of developed just from reflection on my own experiences 24 00:01:20,069 --> 00:01:24,610 with how I've approached life and what has gotten me to where I am today. 25 00:01:24,809 --> 00:01:30,855 And the first step in that ladder is to The frame and just as a review, you can 26 00:01:31,105 --> 00:01:36,045 watch episode two if you want, but as a review, the frame, that first step is 27 00:01:36,045 --> 00:01:40,814 really where everything begins because your frame, which is your framework, your 28 00:01:40,814 --> 00:01:46,314 frame of mind is what affects everything that you do, how you approach life, 29 00:01:46,314 --> 00:01:50,005 how you approach the world around you, uh, what you believe about yourself. 30 00:01:50,005 --> 00:01:53,514 So this frame is so important that we get this right. 31 00:01:53,725 --> 00:01:57,465 And in the last episode, I talked about how we can either have a fixed 32 00:01:57,465 --> 00:02:02,404 mindset or a fixed frame or an open and a growth mindset or an open frame. 33 00:02:02,845 --> 00:02:08,434 So today, I'm going to take the time to talk about growth mindset. 34 00:02:08,445 --> 00:02:12,214 And because I love acronyms, because it helps me remember things, I 35 00:02:12,225 --> 00:02:13,435 thought about the word growth. 36 00:02:13,620 --> 00:02:14,000 Right? 37 00:02:14,400 --> 00:02:18,040 And first, we kind of have to define what growth means. 38 00:02:18,070 --> 00:02:22,489 And growth, if I look at the literal meaning of growth, it is something that 39 00:02:22,489 --> 00:02:26,999 is increasing, whether that's increasing in value, increasing in capacity, 40 00:02:27,009 --> 00:02:29,070 increasing in size, increasing in number. 41 00:02:29,299 --> 00:02:31,389 It is something that is growing. 42 00:02:31,760 --> 00:02:37,089 And one of the ways we can tell if there is good growth is to look at the fruit. 43 00:02:37,210 --> 00:02:37,520 Right? 44 00:02:37,780 --> 00:02:41,049 So yes, we can increase our capacity in patience. 45 00:02:41,049 --> 00:02:44,410 We can increase our capacity for leadership. 46 00:02:44,420 --> 00:02:46,950 We can increase our capacity to love. 47 00:02:47,270 --> 00:02:50,609 And while all of that is good because it is an increase. 48 00:02:50,790 --> 00:02:53,340 One of the ways that we can really look at is the fruit. 49 00:02:53,465 --> 00:02:54,255 Of the growth. 50 00:02:54,275 --> 00:02:57,765 Is there a good fruit that's coming out of this growth or is it bad fruit? 51 00:02:58,015 --> 00:03:01,714 And one of the ways that we can tell if it's good growth, aside from of course the 52 00:03:01,754 --> 00:03:07,254 increase in value and size and capacity or numbers, is really if there is good 53 00:03:07,254 --> 00:03:09,295 fruit that is coming out of the growth. 54 00:03:09,595 --> 00:03:16,984 So let's talk about G first and G stands for grit and this is grit In 55 00:03:17,075 --> 00:03:22,445 challenges, when I looked at the literal meaning of grit, it talks about the 56 00:03:22,455 --> 00:03:28,135 part of the stone that is adaptive to grinding and the word grinding. 57 00:03:28,175 --> 00:03:32,855 If we dig deeper, it doesn't feel like there's anything good about it because it. 58 00:03:33,155 --> 00:03:36,985 It feels painful, I think about grinding of the teeth, gnashing of the 59 00:03:36,985 --> 00:03:40,405 teeth, my husband he grinds his teeth at night and he wakes up and his jaw 60 00:03:40,445 --> 00:03:45,905 aches because of the effort that it took to grind your teeth in the middle 61 00:03:45,905 --> 00:03:47,175 of the night while you were sleeping. 62 00:03:47,285 --> 00:03:51,165 So when I look at a person and I say, Oh my gosh, that person has so much 63 00:03:51,194 --> 00:03:56,685 grit, it usually means that that person has gone through something difficult. 64 00:03:57,005 --> 00:04:01,545 And a good example here in the business world is Elon Musk and what no matter what 65 00:04:01,545 --> 00:04:05,685 you think about him, uh, the point is he is where he is right now because of his 66 00:04:05,725 --> 00:04:07,665 grit and the challenges that he's faced. 67 00:04:07,805 --> 00:04:12,205 There was a time where they didn't have any more money left, uh, in the bank to be 68 00:04:12,214 --> 00:04:14,674 able to sustain the next round of payroll. 69 00:04:14,945 --> 00:04:18,589 And there was a very specific investor in his company that would 70 00:04:18,599 --> 00:04:23,070 Was actually against Tesla and didn't want to go through with the product. 71 00:04:23,420 --> 00:04:27,569 And he really had to face that challenge with so much grit 72 00:04:27,590 --> 00:04:29,160 and tenacity and push through. 73 00:04:29,170 --> 00:04:33,109 Even when there was such a huge setback and think about their company, they, 74 00:04:33,120 --> 00:04:37,349 they probably need millions and millions of dollars to be able to support the 75 00:04:37,350 --> 00:04:39,099 payroll, the next round of payroll. 76 00:04:39,100 --> 00:04:39,494 But. 77 00:04:39,535 --> 00:04:44,325 He pushed through with grit and now he is where he is right now with Tesla. 78 00:04:44,455 --> 00:04:47,455 And in our lives, I'm sure that you also have a personal experience of 79 00:04:47,455 --> 00:04:51,725 what it means to go through a very tough challenge and really grind 80 00:04:51,725 --> 00:04:53,705 your way through that challenge. 81 00:04:53,794 --> 00:04:56,155 I've had many experiences in my own life. 82 00:04:56,294 --> 00:04:58,934 One of those experiences was my mom having cancer. 83 00:04:59,214 --> 00:05:01,224 Uh, it was a very difficult time. 84 00:05:01,570 --> 00:05:04,500 And people could say that, wow, that kind of faith is 85 00:05:04,510 --> 00:05:05,910 almost like a delusional faith. 86 00:05:05,920 --> 00:05:09,480 And I think that's actually part of grit is having that faith that no 87 00:05:09,480 --> 00:05:11,620 matter what it's going to be okay. 88 00:05:11,620 --> 00:05:15,730 And in my case, in my world, I believe in God, I believe in the power of Jesus. 89 00:05:15,740 --> 00:05:20,640 So to me, it may seem delusional, but I have had a lot of experiences 90 00:05:20,809 --> 00:05:23,050 where I've seen God work in my life. 91 00:05:23,105 --> 00:05:24,175 over and over again. 92 00:05:24,175 --> 00:05:28,265 So I had that grit as a family, as a person, but also as a family 93 00:05:28,265 --> 00:05:30,025 to push through that challenge. 94 00:05:30,435 --> 00:05:34,265 Another example that I have was actually I was auditioning. 95 00:05:34,305 --> 00:05:37,494 This was years ago when I moved to LA, I didn't have a car and I 96 00:05:37,494 --> 00:05:41,274 would take the bus from audition to another audition to another audition. 97 00:05:41,294 --> 00:05:43,014 It was, it was a lot, right? 98 00:05:43,034 --> 00:05:44,544 And it was, it was my dream. 99 00:05:44,544 --> 00:05:47,534 I, I moved to Los Angeles to become a professional dancer. 100 00:05:47,904 --> 00:05:55,034 So I, uh, Auditioned for this print ad and I remember uh, it was raining 101 00:05:55,044 --> 00:05:58,544 really really hard that day in LA and here in Los Angeles We don't 102 00:05:58,624 --> 00:06:02,514 take rain seriously for the most part because it doesn't always rain here. 103 00:06:02,824 --> 00:06:08,524 And then the bus system is really Non existent meaning completely 104 00:06:08,524 --> 00:06:10,844 unreliable late 99 percent of the time. 105 00:06:11,194 --> 00:06:14,934 So I showed up to the audition I was carrying this huge backpack with 106 00:06:14,934 --> 00:06:17,444 my change of clothes for the day because I was going from one audition 107 00:06:17,444 --> 00:06:22,474 to another and I was soaking wet when I showed up to the audition. 108 00:06:22,474 --> 00:06:23,934 My bag was soaking wet. 109 00:06:24,104 --> 00:06:27,274 I still remember it was a Jansport Backpack and everything that 110 00:06:27,274 --> 00:06:28,574 was in that bag was soaking wet. 111 00:06:28,604 --> 00:06:29,624 I didn't have an umbrella. 112 00:06:29,854 --> 00:06:32,734 I was soaking wet I got to the audition with very little time 113 00:06:32,754 --> 00:06:34,814 to spare to even fix myself. 114 00:06:35,014 --> 00:06:36,174 So I said to myself, you know what? 115 00:06:36,214 --> 00:06:38,054 I didn't come all the way here to give up. 116 00:06:38,084 --> 00:06:43,094 Okay, and when I say come all the way here I didn't mean like from bus to bus to bus. 117 00:06:43,344 --> 00:06:46,844 I meant I didn't come all the way here To the United States from the 118 00:06:46,844 --> 00:06:50,894 Philippines to give up just because I got drenched in the rain So I was 119 00:06:50,894 --> 00:06:54,794 convinced that i'm going to step into that audition room and i'm going to shine 120 00:06:55,014 --> 00:06:58,764 and i'm going to make them Love me, so I don't remember exactly what I did. 121 00:06:58,764 --> 00:07:02,809 But all I remember is that I was determined To get through that 122 00:07:02,869 --> 00:07:07,329 audition and make it my best audition that I've ever had and to my 123 00:07:07,329 --> 00:07:09,339 surprise I actually booked that job. 124 00:07:09,399 --> 00:07:13,709 I was in a k swiss print ad if you don't know I don't know if k swiss still exists 125 00:07:13,709 --> 00:07:15,789 in this day, but it's an athletic brand. 126 00:07:16,039 --> 00:07:19,389 And um, yeah, I I booked that job It was my very first print ad 127 00:07:19,389 --> 00:07:21,509 Print ad, uh, here in the States. 128 00:07:21,529 --> 00:07:25,549 And it was at the 17 magazine and it was great. 129 00:07:25,559 --> 00:07:26,909 It was, it was a fun experience. 130 00:07:26,929 --> 00:07:31,249 And had I given up that day just because, Oh my gosh, I look terrible. 131 00:07:31,369 --> 00:07:34,959 I'm soaking wet and there's no way that they're going to love me. 132 00:07:35,459 --> 00:07:37,119 I probably wouldn't have booked that job. 133 00:07:37,119 --> 00:07:38,829 So grit and challenges. 134 00:07:38,829 --> 00:07:42,039 And you know, one of the ways that we can really encourage the kids in our 135 00:07:42,039 --> 00:07:45,529 lives, whether, uh, you're an educator, a parent or a caregiver, right. 136 00:07:45,529 --> 00:07:48,639 Whether you're an aunt, a grandma, a guardian. 137 00:07:49,349 --> 00:07:52,879 Uh, one of the ways we can encourage that is every time they go through a difficult 138 00:07:52,879 --> 00:07:56,869 situation, let's say in school, like, let's say it's just a math problem, right? 139 00:07:57,179 --> 00:08:00,389 Uh, it may seem like that to us, oh, it's just a math problem, but it's 140 00:08:00,519 --> 00:08:02,229 probably really big for them, right? 141 00:08:02,229 --> 00:08:05,149 If they can't get through a math problem and they're really struggling in school, 142 00:08:05,409 --> 00:08:10,159 one of the ways we can really encourage this is just by asking them to break it 143 00:08:10,159 --> 00:08:14,594 down into small steps and encourage them and tell them, hey, you know, it's, you 144 00:08:14,594 --> 00:08:18,519 know, Incredible that you stuck through that even though it's very very difficult. 145 00:08:18,529 --> 00:08:23,009 Just remind them that wow What an amazing thing it is that you actually 146 00:08:23,229 --> 00:08:26,829 stuck with that problem Even though it was challenging for you and that 147 00:08:26,829 --> 00:08:30,719 really teaches them to value the process to value perseverance instead 148 00:08:30,719 --> 00:08:38,474 of instant success the r in growth is reflection Which is reflecting on 149 00:08:38,714 --> 00:08:41,174 your decisions, your actions, right? 150 00:08:41,234 --> 00:08:45,704 And not only reflecting internally, but really actually seeking out feedback 151 00:08:45,704 --> 00:08:51,704 from whether it's a peer, whether it's a director or a boss, or you are the boss. 152 00:08:51,704 --> 00:08:53,894 And feedback from your team members, right? 153 00:08:53,894 --> 00:08:57,134 From the people who are work, who are working with you, and, and, and for you. 154 00:08:57,374 --> 00:09:01,004 Uh, I think that reflection is one of the ways that we can truly grow. 155 00:09:01,099 --> 00:09:03,920 A great example for this is Ray Dalio, who is the founder of 156 00:09:03,920 --> 00:09:07,199 one of the world's largest hedge funds, Bridgewater Associates. 157 00:09:07,270 --> 00:09:12,489 He talks about this thing called radical transparency, and what he does is he 158 00:09:12,489 --> 00:09:17,259 really encourages the people in his company to be completely radical about 159 00:09:17,319 --> 00:09:22,239 everything from the good, the bad, and the ugly, especially the ugly. 160 00:09:22,239 --> 00:09:24,079 I think a lot of times we like. 161 00:09:25,009 --> 00:09:29,399 Transparent we like being vulnerable when it's like a good thing but we don't really 162 00:09:29,399 --> 00:09:33,369 want to show the ugly parts of us or the ugly parts of our company of The way we 163 00:09:33,369 --> 00:09:39,449 run things and he says that it's only when you really are Transparent from the good 164 00:09:39,449 --> 00:09:44,419 the bad and the ugly that the people in your company the team members can come 165 00:09:44,419 --> 00:09:51,930 together and really offer a Objective and the best decision on how to move forward 166 00:09:51,930 --> 00:09:57,349 from an issue from a challenge and I think that that is so wonderful to hear that 167 00:09:57,349 --> 00:10:01,800 from someone who has a huge company and Really encourages that because I think 168 00:10:01,800 --> 00:10:06,379 that that's also how we should uh function in life Of course, we're not saying 169 00:10:06,379 --> 00:10:08,420 hey just welcome every feedback, right? 170 00:10:08,420 --> 00:10:12,699 We have to be also careful about um, the voices and the feedback that's 171 00:10:12,699 --> 00:10:16,265 coming into our lives and that's Part of that is just discernment, right? 172 00:10:16,265 --> 00:10:21,234 It's kind of knowing when a feedback is is good and it's going to help us 173 00:10:21,234 --> 00:10:25,374 grow and when a feedback is completely just You know criticizing us and it's 174 00:10:25,374 --> 00:10:29,624 actually not helping us to grow And one of the ways that we can really instill 175 00:10:29,624 --> 00:10:33,694 that in our kids is kind of prepping them that hey If you're doing something 176 00:10:33,734 --> 00:10:37,704 in school, right whether that's a project for art or or anything else 177 00:10:37,964 --> 00:10:42,465 There might be people that will not like your work And sometimes when they 178 00:10:42,465 --> 00:10:46,245 don't like your work, it depends on the way they deliver their feedback, right? 179 00:10:46,245 --> 00:10:48,275 And sometimes it's not the best delivery. 180 00:10:48,645 --> 00:10:52,015 And even if it's not the best delivery, what we could do is we could just 181 00:10:52,105 --> 00:10:56,605 quiet ourself and ask, Okay, well, that might not be the best delivery, 182 00:10:56,605 --> 00:10:59,655 and that really hurt me, the way they said that really hurt me. 183 00:10:59,885 --> 00:11:03,464 However, is there some truth to what they said? 184 00:11:04,035 --> 00:11:08,709 And if there's any, any validity to what they said, then is there any way that I 185 00:11:08,740 --> 00:11:13,270 can apply that to my work for next time so that I can actually improve my work? 186 00:11:13,759 --> 00:11:19,349 And one of the things that I love as a performer is actually getting notes. 187 00:11:19,699 --> 00:11:23,809 When I perform on stage, my favorite part is always after when the director 188 00:11:23,810 --> 00:11:28,219 or the choreographer tells us, Hey, uh, do this one thing here, uh, change this. 189 00:11:28,469 --> 00:11:30,089 Uh, you can do this one better. 190 00:11:30,209 --> 00:11:34,435 Well, one of the reasons why I like that is one, It makes me grow, two, 191 00:11:35,545 --> 00:11:38,864 makes me feel good that, hey, the director or the choreographer is 192 00:11:38,915 --> 00:11:42,454 watching me, meaning they're interested in, in helping me become better. 193 00:11:42,724 --> 00:11:47,284 And three, if I apply that note, I'm pretty sure that because they are seeing 194 00:11:47,284 --> 00:11:51,484 it from the audience perspective, it's going to help me connect to my audience 195 00:11:51,534 --> 00:11:54,904 more as well, which will essentially make me become a more effective dancer. 196 00:11:55,844 --> 00:11:58,994 And so reflection is truly one of the ways that we can grow our mindset. 197 00:11:59,304 --> 00:12:03,524 And again, not only reflecting internally, but actually seeking it 198 00:12:03,554 --> 00:12:08,805 out the O and growth is optimism, not just any sort of optimism. 199 00:12:08,885 --> 00:12:11,104 I'm not talking about like blind optimism. 200 00:12:11,114 --> 00:12:13,104 You know, everything is just roses and rainbows. 201 00:12:13,385 --> 00:12:17,755 I'm talking about Optimism when you are faced with failure and how do 202 00:12:17,755 --> 00:12:22,655 you reframe your mind so that you can actually Still push past the challenge 203 00:12:22,885 --> 00:12:31,344 with and when I think about the word optimism It is that hope and that 204 00:12:31,944 --> 00:12:36,134 Kind of confidence that something good is going to come out of a situation. 205 00:12:36,444 --> 00:12:40,114 And one of my favorite examples in the business world is Sarah Blakely, 206 00:12:40,384 --> 00:12:42,374 the inventor and founder of Spanx. 207 00:12:42,444 --> 00:12:43,814 If you don't know her, look her up. 208 00:12:43,824 --> 00:12:47,184 I'm pretty sure she's a household name by now because gosh, like 209 00:12:47,184 --> 00:12:49,024 just her success is incredible. 210 00:12:49,304 --> 00:12:52,844 But when she was starting, especially when she's starting with a very new 211 00:12:52,844 --> 00:12:54,754 product, no one has heard of it before. 212 00:12:55,044 --> 00:12:56,054 She's a woman. 213 00:12:56,904 --> 00:13:01,514 Going into all these manufacturers and presenting her product idea to them 214 00:13:01,794 --> 00:13:06,404 She had so many no's and she didn't have any investors to back her up She 215 00:13:06,404 --> 00:13:11,374 started her business with 5, 000 from her savings account and went all in 216 00:13:11,564 --> 00:13:16,974 With this idea that this product is going to take off and she received so 217 00:13:16,974 --> 00:13:21,529 many no's No after no after no from manufacturers saying we don't want to 218 00:13:21,559 --> 00:13:26,179 produce your product and finally she got a yes And the rest is history. 219 00:13:26,389 --> 00:13:30,579 We know her now because obviously she is a multi millionaire billionaire I 220 00:13:30,579 --> 00:13:36,139 don't even know but the point is if she didn't have optimism in the face of 221 00:13:36,139 --> 00:13:40,496 failure if she gave up We wouldn't know her today, and we wouldn't have Spanx. 222 00:13:40,496 --> 00:13:41,529 In my own life. 223 00:13:41,560 --> 00:13:46,499 I had um, I don't think it was really a business failure, but it was a 224 00:13:46,509 --> 00:13:51,699 business failure in a sense that I did not protect myself, uh, in a 225 00:13:51,719 --> 00:13:54,189 partnership that I had, um, with someone. 226 00:13:54,589 --> 00:13:56,009 And I was very young. 227 00:13:56,019 --> 00:13:56,670 I was naive. 228 00:13:56,670 --> 00:13:57,899 I, you know, I trusted. 229 00:13:57,920 --> 00:13:59,979 I had a really good relationship with this guy. 230 00:14:00,259 --> 00:14:04,589 And so I trusted our relationship and we went into business together. 231 00:14:04,894 --> 00:14:08,935 And, uh, you know, long story short, years and years after pouring my heart 232 00:14:08,954 --> 00:14:12,744 into this business, created an entire program, trained teachers and all of 233 00:14:12,744 --> 00:14:16,504 these things, I found out that I'm not actually a business owner and I don't 234 00:14:16,504 --> 00:14:18,204 really have stakes that accompany that. 235 00:14:18,204 --> 00:14:20,534 If I stop working, I would also. 236 00:14:21,009 --> 00:14:23,969 Not receive any more salary, right? 237 00:14:24,180 --> 00:14:28,030 And so that was really heartbreaking for me, a huge heartbreak. 238 00:14:28,280 --> 00:14:33,040 Um, but what I learned from that is I could have buried my head 239 00:14:33,060 --> 00:14:36,020 into the ground and said, Oh my gosh, cat, like, what did you do? 240 00:14:36,069 --> 00:14:37,209 You should have known this better. 241 00:14:37,209 --> 00:14:41,090 I could have blamed myself over and over again for not, you know, protecting 242 00:14:41,090 --> 00:14:44,120 myself for not doing things correctly, not having a contract in place, an 243 00:14:44,120 --> 00:14:47,990 agreement in place, and that was a huge failure for me because that was a big 244 00:14:48,000 --> 00:14:49,850 chunk of my life that I devoted to. 245 00:14:49,850 --> 00:14:50,830 And then all of a sudden. 246 00:14:51,224 --> 00:14:52,954 It's just gone. 247 00:14:53,354 --> 00:14:57,264 And yet, here I am today, still in business, still an entrepreneur. 248 00:14:57,674 --> 00:15:02,254 Yes, I am no longer in that business, but I still push through and everything 249 00:15:02,254 --> 00:15:06,324 that I learned from that, I realized that I got so much out of that experience 250 00:15:06,354 --> 00:15:08,984 and I'm bringing it to what I do now. 251 00:15:09,394 --> 00:15:12,604 And for the children in our lives, you know, it's really important 252 00:15:12,604 --> 00:15:15,894 that we encourage them that, hey, when you make mistakes, it's. 253 00:15:15,964 --> 00:15:17,354 Totally okay. 254 00:15:17,364 --> 00:15:18,824 It is part of the learning process. 255 00:15:18,834 --> 00:15:22,124 It is literally I feel like I say that every day in my lessons with 256 00:15:22,124 --> 00:15:25,464 students is I always tell them mistakes is part of the process. 257 00:15:25,484 --> 00:15:27,414 It's okay to make mistakes. 258 00:15:27,774 --> 00:15:31,324 But what we can do is we can learn from them, right? 259 00:15:31,324 --> 00:15:34,684 And that's a way to kind of frame our mindset to be more positive that 260 00:15:34,964 --> 00:15:37,405 no matter what mistakes we make. 261 00:15:37,645 --> 00:15:39,564 There's always a light at the end of the tunnel. 262 00:15:39,574 --> 00:15:40,425 There's always hope. 263 00:15:40,454 --> 00:15:44,055 There's a confidence that something good is going to come out of that. 264 00:15:44,125 --> 00:15:50,234 Even when it doesn't look like it right now, W in growth is willingness. 265 00:15:50,615 --> 00:15:53,734 And that is willingness to learn. 266 00:15:54,364 --> 00:15:59,854 I believe that one of the ways we can grow our minds is by always being 267 00:15:59,864 --> 00:16:03,555 willing to expand on what we don't know. 268 00:16:03,854 --> 00:16:07,084 There are so many things in the world that we don't know, that 269 00:16:07,084 --> 00:16:08,194 we don't understand, you know. 270 00:16:08,244 --> 00:16:10,314 What they say is, well, you don't know what you don't know. 271 00:16:10,594 --> 00:16:16,089 And I I think it's a very powerful place to be in when you realize that wow There 272 00:16:16,129 --> 00:16:19,729 is still so much more that I don't know even though yeah, i've lived life and i've 273 00:16:20,010 --> 00:16:25,749 learned a lot There's still so much more and one of a great example here is richard 274 00:16:25,749 --> 00:16:28,040 branson founder of virgin group who? 275 00:16:28,260 --> 00:16:32,529 Never had really formal business training But yet because of his 276 00:16:32,749 --> 00:16:37,050 willingness to learn he has been able Successful across many different 277 00:16:37,050 --> 00:16:40,490 fields and with the kids in our lives, one of the ways that we can really 278 00:16:40,490 --> 00:16:43,270 foster this is the love for learning. 279 00:16:43,740 --> 00:16:48,299 I think that as humans, we all have our natural inclinations and as we watch 280 00:16:48,299 --> 00:16:52,089 children grow, we can tell, Oh, this child really gravitates more towards sports. 281 00:16:52,635 --> 00:16:56,474 Oh, this child gravitates more towards musical theater and arts and dance. 282 00:16:56,974 --> 00:16:59,925 And one of the ways that we can really foster the love of learning 283 00:16:59,925 --> 00:17:04,444 for children is by telling them, Hey, I noticed you really love sports. 284 00:17:04,614 --> 00:17:08,024 Of course, I'm going to support you in that, but let's see if we can also learn 285 00:17:08,024 --> 00:17:10,134 something from this other side, right? 286 00:17:10,135 --> 00:17:12,914 Maybe a different activity and it doesn't have to be something that 287 00:17:12,914 --> 00:17:16,404 they're going to do longterm, but maybe it's just something where they 288 00:17:16,404 --> 00:17:20,644 can do it for a little bit so they can foster the ability to ask questions. 289 00:17:20,954 --> 00:17:21,664 Questions, questions like. 290 00:17:21,954 --> 00:17:28,175 Well, I don't really enjoy this doing this particular activity, but what can I learn 291 00:17:28,514 --> 00:17:30,985 and is there anything that I can love? 292 00:17:31,054 --> 00:17:35,304 I can actually develop a love for learning in this particular 293 00:17:35,374 --> 00:17:37,294 subject or topic or activity. 294 00:17:37,614 --> 00:17:39,054 I used to say this a lot. 295 00:17:39,204 --> 00:17:40,724 There's nothing that's boring in life. 296 00:17:41,014 --> 00:17:44,695 And the reason why it's boring is because you're boring and I know that sounds 297 00:17:44,695 --> 00:17:49,044 harsh But it's because of my belief again. 298 00:17:49,044 --> 00:17:50,125 This is my framework. 299 00:17:50,125 --> 00:17:54,614 This is my mindset my belief system It's because of my belief that 300 00:17:55,044 --> 00:17:59,814 there's always something that we can learn we can always find a love for 301 00:17:59,835 --> 00:18:03,645 learning in any Industry in any field. 302 00:18:04,425 --> 00:18:08,754 So I always thought that, okay, I love, you know, arts, movement, music, all these 303 00:18:08,754 --> 00:18:14,505 things, but gosh, if you put me in coding, if you put me in basket weaving, if you 304 00:18:14,505 --> 00:18:19,415 put me in anything else that is completely unrelated to usually what I love doing, 305 00:18:19,764 --> 00:18:22,265 I probably will find something fun in it. 306 00:18:22,805 --> 00:18:26,524 And not just probably I'm actually sure I will find something fun in it because 307 00:18:26,524 --> 00:18:31,734 that's just my belief system I know that whatever you bring in front of me I will 308 00:18:31,735 --> 00:18:37,955 find a way to love to do it because of the love for learning and an example 309 00:18:37,955 --> 00:18:42,999 of that in my own life is really just running a business as someone who runs her 310 00:18:42,999 --> 00:18:45,024 own business and used to not have help. 311 00:18:45,064 --> 00:18:48,574 Now I have help, which is amazing, but gosh, I had to 312 00:18:48,574 --> 00:18:49,935 learn how to make a website. 313 00:18:50,134 --> 00:18:51,584 I have to learn email marketing. 314 00:18:51,594 --> 00:18:56,314 I have to learn how to create my own copy for emails and, and the landing pages. 315 00:18:56,544 --> 00:18:59,104 I have to learn accounting, how to do bookkeeping. 316 00:18:59,324 --> 00:19:00,084 I have to learn. 317 00:19:00,084 --> 00:19:00,954 I hate bookkeeping. 318 00:19:01,175 --> 00:19:04,084 It's one of the worst things for me personally. 319 00:19:04,084 --> 00:19:04,374 Right. 320 00:19:04,375 --> 00:19:05,634 But I have to learn it. 321 00:19:05,864 --> 00:19:10,214 I have to learn, um, how to present myself, how to do sales calls. 322 00:19:10,485 --> 00:19:10,989 I, yeah. 323 00:19:11,169 --> 00:19:14,549 There's just so many things that I had to learn as someone 324 00:19:14,549 --> 00:19:15,620 who's running their business. 325 00:19:15,639 --> 00:19:20,579 And if there isn't a love for learning that has been fostered in me in such 326 00:19:20,579 --> 00:19:24,259 a young age, I probably would have already given up because there's 327 00:19:24,259 --> 00:19:29,609 been a lot of gosh, mental blocks and just learning curves that I had to 328 00:19:29,610 --> 00:19:31,919 go through running my own business. 329 00:19:31,939 --> 00:19:35,649 So if we can establish this and foster this with the kids in our 330 00:19:35,649 --> 00:19:38,850 lives at an early age, that would be something that would really set 331 00:19:38,850 --> 00:19:41,080 them apart as they grow into adults. 332 00:19:41,559 --> 00:19:48,479 The T in growth is team One of the ways that we can grow our mindset is 333 00:19:48,509 --> 00:19:54,109 actually by working together with other people so I really truly believe that 334 00:19:54,309 --> 00:19:58,339 you know, we can't do life on our own I don't think anyone when people say 335 00:19:58,339 --> 00:20:02,089 i'm self made I really don't understand where that's coming from because 336 00:20:02,129 --> 00:20:08,955 nobody is truly self made At some point in your life Someone helped us out. 337 00:20:08,965 --> 00:20:11,104 There's no one that is truly self made. 338 00:20:11,465 --> 00:20:18,205 And I think that team here means that you are able to work successfully with others. 339 00:20:18,205 --> 00:20:23,624 You're able to communicate your thoughts and your ideas successfully with other 340 00:20:23,624 --> 00:20:27,364 people in your team, whether you are someone who's working for someone or you 341 00:20:27,364 --> 00:20:32,174 are the boss and you are empowering your team or you are working with other people. 342 00:20:32,214 --> 00:20:34,244 Other people together as a team. 343 00:20:34,664 --> 00:20:38,204 And one of the ways that we can foster this in our children is 344 00:20:38,674 --> 00:20:42,444 really by encouraging them actually to step in a leadership role. 345 00:20:42,454 --> 00:20:47,404 So let's say a child isn't naturally inclined to lead and 346 00:20:47,404 --> 00:20:49,014 to volunteer, to become a leader. 347 00:20:49,284 --> 00:20:51,929 Maybe we can, you know, just kind of plant seeds of. 348 00:20:51,939 --> 00:20:55,850 Hey, you know, there's a new project coming up in your school this next month. 349 00:20:55,879 --> 00:20:57,389 Maybe you should volunteer. 350 00:20:57,409 --> 00:21:00,639 Maybe you should talk to the teacher and volunteer to be a leader or talk to your 351 00:21:00,639 --> 00:21:04,879 peers and volunteer to lead so that you can experience what that is like, right? 352 00:21:04,879 --> 00:21:05,939 To lead a team. 353 00:21:06,389 --> 00:21:07,799 And if that is a hard no. 354 00:21:07,870 --> 00:21:11,719 For the child, there's always ways to still foster this because 355 00:21:11,750 --> 00:21:14,790 you know, some children, not just children, but adults as well. 356 00:21:14,790 --> 00:21:17,609 Not all of us are really wanting to lead, right? 357 00:21:17,889 --> 00:21:23,259 Um, however, we can still learn leadership skills by being a great teammate and we 358 00:21:23,259 --> 00:21:24,979 can definitely foster that with our kids. 359 00:21:24,999 --> 00:21:29,459 Even if they don't want to lead a team per se, we can engage in conversation with 360 00:21:29,459 --> 00:21:33,219 them and ask them questions like, okay, so there's this project right now and I 361 00:21:33,219 --> 00:21:38,219 know you're part of the team that, um, Is submitting to a leader, ask them questions 362 00:21:38,219 --> 00:21:41,120 like, how can you contribute to the team? 363 00:21:41,120 --> 00:21:42,889 How can you be an effective team member? 364 00:21:43,129 --> 00:21:46,789 How can you deliver what's being asked of you on time? 365 00:21:47,029 --> 00:21:50,809 How can you deliver what's being asked of you in your own unique way? 366 00:21:50,999 --> 00:21:52,569 What is your own perspective? 367 00:21:52,749 --> 00:21:55,649 How can you communicate your ideas? 368 00:21:55,870 --> 00:21:57,969 To your fellow team members, right? 369 00:21:58,159 --> 00:21:59,459 How can you show up for them? 370 00:21:59,459 --> 00:22:03,729 So it's supporting them and we're not delayed in the work because it's 371 00:22:03,749 --> 00:22:05,879 actually moving the project forward. 372 00:22:06,029 --> 00:22:09,029 So asking questions like that with the Children in our lives is a great 373 00:22:09,029 --> 00:22:11,499 way to develop this characteristic. 374 00:22:11,600 --> 00:22:15,839 A great example for this in the business world is Satya Nadella, who is the CEO of 375 00:22:15,839 --> 00:22:22,289 Microsoft and He is known for establishing a culture in the workplace where there's 376 00:22:22,329 --> 00:22:24,419 really empowerment for the team members. 377 00:22:24,599 --> 00:22:27,559 They are encouraged to take risks without fear of failure 378 00:22:27,559 --> 00:22:29,429 so that they can truly innovate. 379 00:22:29,975 --> 00:22:36,104 The H in growth is habit, and I'm not talking just about any habit because 380 00:22:36,104 --> 00:22:40,425 obviously we can talk about habit all day long and forming good habits, but 381 00:22:40,425 --> 00:22:42,854 it's really the habit of adaptability. 382 00:22:43,145 --> 00:22:47,774 When I looked at the word habit, it's talking about permanence, something 383 00:22:47,774 --> 00:22:50,914 that you do on a regular basis. 384 00:22:51,254 --> 00:22:54,514 And yes, there are a lot of good habits, as I said, but really 385 00:22:54,514 --> 00:22:56,814 specifically the habit of adaptability. 386 00:22:57,094 --> 00:22:57,495 Because. 387 00:22:58,175 --> 00:23:03,754 We know now in hindsight, right, that 2020, so many people who didn't 388 00:23:04,165 --> 00:23:07,905 Adapt, uh, weren't able to continue with their businesses while other 389 00:23:07,905 --> 00:23:12,145 people who were able to pivot and shift right away, they were able to 390 00:23:12,145 --> 00:23:14,514 either grow or maintain their business. 391 00:23:14,864 --> 00:23:19,185 And a great example here in the business world is Reed Hastings from Netflix, who 392 00:23:19,194 --> 00:23:24,625 knew how to adapt to the needs of the consumers, whether that's a DVD rental to 393 00:23:24,625 --> 00:23:29,435 streaming to original content production, the way that he's able to adapt to 394 00:23:29,435 --> 00:23:31,085 the needs of the consumers has really. 395 00:23:31,260 --> 00:23:34,280 Paved the way for them to still be here today. 396 00:23:34,600 --> 00:23:39,540 And so personally in my life, that's exactly what I did as well. 397 00:23:39,540 --> 00:23:43,319 In 2020, I was in the dance world, in the stunt world. 398 00:23:43,569 --> 00:23:47,410 Um, I was busy trying to, you know, be a performer and 399 00:23:47,450 --> 00:23:48,549 audition and all these things. 400 00:23:48,549 --> 00:23:51,730 And of course, when the pandemic happened, all the performing jobs went away. 401 00:23:52,110 --> 00:23:57,390 And so I really had to think hard, how do I put food on the table? 402 00:23:57,410 --> 00:24:00,330 Because my whole life has been all about. 403 00:24:01,815 --> 00:24:04,784 And of course I was also doing entrepreneurship with real estate and 404 00:24:04,794 --> 00:24:08,885 had my own business, but really it was still mainly dance and aerial. 405 00:24:09,135 --> 00:24:11,774 And so how do I do that when there's no more work? 406 00:24:12,024 --> 00:24:17,974 And thankfully I was already teaching piano back in 2018 and in 2020 I just 407 00:24:17,994 --> 00:24:21,575 really focused and said, okay, well this is what I'm going to do full time now. 408 00:24:21,895 --> 00:24:26,615 And it was incredible because it was literally a time where 409 00:24:26,815 --> 00:24:28,235 when it was so crazy for. 410 00:24:28,504 --> 00:24:31,374 A lot of people and a lot of people lost their jobs. 411 00:24:31,954 --> 00:24:36,214 I grew, I grew my income and for the first time in my life, I actually 412 00:24:36,214 --> 00:24:39,884 had a stable income because it was a business where people were paying 413 00:24:39,904 --> 00:24:41,464 every single month for the lessons. 414 00:24:41,804 --> 00:24:43,774 And I never had that as a dancer. 415 00:24:43,864 --> 00:24:46,654 As a dancer, I was living from paycheck to paycheck, figuring out 416 00:24:46,654 --> 00:24:49,964 when it's going to come again, because if I don't book a job, well, I don't 417 00:24:49,964 --> 00:24:52,274 have money when I don't have a job. 418 00:24:52,284 --> 00:24:52,604 Right. 419 00:24:52,874 --> 00:24:54,974 And it all depends if I book a job. 420 00:24:55,284 --> 00:25:00,965 And so with, uh, 2020, I was really able to adapt and just pivot very quickly. 421 00:25:00,995 --> 00:25:03,165 And to this day, it is still what I do. 422 00:25:03,205 --> 00:25:05,445 I'm still doing this business and it's been incredible. 423 00:25:05,665 --> 00:25:07,554 And even now I'm already adapting. 424 00:25:07,564 --> 00:25:10,725 There's already a lot of shift and, and changes and the way people are 425 00:25:10,725 --> 00:25:12,345 doing things in the online space. 426 00:25:12,365 --> 00:25:14,534 And, and I'm adapting to that as well. 427 00:25:14,534 --> 00:25:18,715 And I'm changing some of the things I do because of what is being 428 00:25:18,745 --> 00:25:20,635 asked from me, from the consumers. 429 00:25:20,635 --> 00:25:20,885 So. 430 00:25:20,899 --> 00:25:24,350 So again, that habit of adaptability is really important. 431 00:25:24,699 --> 00:25:28,070 And a way that we can foster this with the children in our lives 432 00:25:28,340 --> 00:25:34,289 is by looking at situations where things didn't go their way, right? 433 00:25:34,539 --> 00:25:38,339 Um, being there for them when they expected something to happen and 434 00:25:38,340 --> 00:25:41,429 it didn't happen and really just sitting down with them and asking, 435 00:25:41,509 --> 00:25:46,179 okay, well, this didn't quite pan out the way you expected it to be. 436 00:25:46,529 --> 00:25:48,129 How can we still adapt? 437 00:25:48,735 --> 00:25:53,804 Get to the other side where it's still a favorable outcome, right? 438 00:25:53,844 --> 00:25:57,564 How can we actually adapt this so that we can still learn from this? 439 00:25:57,564 --> 00:25:58,745 We can still grow from this. 440 00:25:58,945 --> 00:26:03,104 We can still, uh, receive the outcome that we wanted. 441 00:26:03,104 --> 00:26:07,004 Maybe it's not the exact outcome that we wanted, but maybe it's a better 442 00:26:07,034 --> 00:26:08,955 outcome because we, we don't know. 443 00:26:08,965 --> 00:26:09,314 Right. 444 00:26:09,594 --> 00:26:11,544 And so just asking them questions. 445 00:26:11,884 --> 00:26:16,370 Uh, one of the things I'm so excited about is, Being certified in Adventurous 446 00:26:16,370 --> 00:26:21,169 and Wisdom, which is a life coaching for kids, is this skill called Power Shifting. 447 00:26:21,850 --> 00:26:26,839 It's literally just helping the kids understand that when there's a situation 448 00:26:26,850 --> 00:26:31,340 that comes our way that is not our ideal situation, how do we shift our mindset 449 00:26:31,499 --> 00:26:36,079 so that instead of looking at it as, oh gosh, things didn't go my way, Right? 450 00:26:36,539 --> 00:26:41,910 We can actually step into our power and look at that and say, well, it 451 00:26:41,910 --> 00:26:45,780 didn't pan out exactly how I wanted it to, but I'm going to make it better. 452 00:26:46,060 --> 00:26:46,330 Right? 453 00:26:46,370 --> 00:26:47,489 How can we adapt? 454 00:26:47,740 --> 00:26:50,910 So instilling that mindset at an early age in our kids could 455 00:26:50,910 --> 00:26:52,560 really set them up for success. 456 00:26:53,020 --> 00:26:55,040 So I hope you enjoyed today's episode. 457 00:26:55,080 --> 00:27:02,199 Again, at the heart of Wildly Wealthy Life is really sharing ideas, thoughts, 458 00:27:02,499 --> 00:27:07,780 examples, life experiences, questions we could ask for ourselves and for 459 00:27:07,780 --> 00:27:14,310 the children in our lives as to how we can grow so that we can have a 460 00:27:14,310 --> 00:27:16,330 fulfilling and an exceptional life. 461 00:27:16,760 --> 00:27:22,655 So again, to recap that growth mindset to me is someone who has grit, Someone who's 462 00:27:22,685 --> 00:27:27,795 able to reflect not just internally, but actually encourage feedback from others. 463 00:27:28,095 --> 00:27:30,645 Someone who's got optimism in the face of failure. 464 00:27:30,995 --> 00:27:34,954 Someone who's got willingness to learn always, always cultivating 465 00:27:34,954 --> 00:27:35,995 that love for learning. 466 00:27:36,275 --> 00:27:39,545 Someone who's able to work together in a team setting, knowing how to 467 00:27:39,555 --> 00:27:44,675 communicate your ideas, knowing how to deliver your deliverables on time. 468 00:27:45,014 --> 00:27:49,345 Um, and someone who has the habit of adaptability, being able to 469 00:27:49,355 --> 00:27:51,535 pivot and shift when needed. 470 00:27:51,860 --> 00:27:54,899 So take that with you, and I hope you have a wildly wealthy life. 471 00:27:54,940 --> 00:27:56,889 I will see you in the next episode. 472 00:27:58,520 --> 00:28:02,090 All right friends, that's a wrap on today's episode of Wildly Wealthy Life. 473 00:28:02,429 --> 00:28:05,080 We hope you're feeling fired up and ready to take on the world with 474 00:28:05,080 --> 00:28:06,620 your brilliant mind and brave heart. 475 00:28:06,939 --> 00:28:10,119 If you loved this episode, make sure you hit that subscribe button on YouTube 476 00:28:10,119 --> 00:28:11,639 or your favorite podcast platform. 477 00:28:11,639 --> 00:28:13,570 It helps us keep bringing you the good stuff. 478 00:28:13,679 --> 00:28:16,120 And hey, while you're at it, drop us a rating or review. 479 00:28:16,230 --> 00:28:17,040 It takes like what? 480 00:28:18,439 --> 00:28:20,149 And it makes a huge difference for us. 481 00:28:20,669 --> 00:28:23,290 Also, if you know someone who could use a little guidance on growth 482 00:28:23,300 --> 00:28:26,189 mindset, leadership and creativity, share this episode with them. 483 00:28:26,590 --> 00:28:29,139 Sometimes that one conversation can spark up a whole new direction. 484 00:28:29,449 --> 00:28:30,799 Thanks for hanging out with us today. 485 00:28:30,860 --> 00:28:34,239 Go out there, live wildly, be wealthy in all the ways that matter to you. 486 00:28:34,239 --> 00:28:35,811 And we'll catch you on the next one.