Welcome to the #1 podcast for parents who are entrepreneurs. James Oliver, Jr., a 3X founder, co-founder of the world's cutest twins, and Techstars and gener8tor alum, brings you topics, guests, and advice to help you be the best parent and entrepreneur you can be. The show delivers guests and advice focused on getting you more profit in your business and less stress in your parenting lifestyle.
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Parents Making Profits
No is a complete sentence. How to stop saying yes to everything and protect your boundaries.
Tue Apr 16 2024
Oh, yeah. Welcome. Welcome. Welcome to the parents making a profit show. The world's number one podcast for parents who are entrepreneurs. I'm James Oliver Junior. Pro founder of the world's cubist twins, husband to an amazing wife, founder of the Parent Pemura Foundation, and CEO of Kabila a co founder matching app and soon to be $5,000,000 investment fund for overlooked founders. And I'm the author of the book, the more you hustle, the luckier you get, you can be a successful parent, Pranor, available on Amazon. Alright. Really good topic for you today. Was today's topic or ask? I'm so glad you asked. Today's topic is no is a complete sentence? No. Is a complete sentence, how to stop saying yes to everything, and protect your boundaries. This episode was inspired by a conversation I had with Marie Roca Jones, a few weeks ago in an episode, for national introverts week about how introverts can experience Jomo not FOMO fear of missing out, but JOMO, the joy of missing out. And during that conversation, I said no is a complete sentence. So let me let me try to find that clip, and and I'm gonna play that clip. I wouldn't suit there, and, we'll go from there. Alright? Standby. Don't know how to say no. That was me. I'll be honest. I'd I didn't. I would take on, and I always felt like I had to take on other people's things and Yeah. Oh, you know, I gotta be present and I gotta do this. And then you drain yourself. You really do. You you Yeah. It's not worth it because No. It's not. You become actually, you start to resent the people. Yeah. And you it's to yourself. You gotta insult to blame. Yeah. And you burn out, and now you can't show up as a good parent for your children. You can't can't show up as a good founder for yourself and your
Way to not succeed if you optimize for investors and not your customers. Rule number 2, you must have a higher purpose than making money. Now I agree with the author, but for slightly different reasons that than what's in the article. I think, you know, launching a business is hard, and I forget what the stat is. 75 or 80% of new businesses fail within x number of years. Like, yeah. Because it's hard. H a r d, capitalized, boldface, underscore, italicized. And when it gets hard, your reasons for doing it, if they aren't substantial, I think it's a good chance you're gonna quit because it's too damn hard. And, like, who has the capacity to be working on something that's so hard that they really are not in love with? So I I think a good reason to start a good reason to start a business to help, you be more persistent and resilient when things get hard is obsession. Like, I feel like I talk about this all the time on the podcast. Are you obsessed with trying to solve whatever the problem is you're tackling? Right? Are you thinking about this at night when you sleep, when you should be sleeping? How can I solve this problem? Are you getting getting inspired with new ideas and new ways to solve the problem when you're going for a walk, riding the bike, doing whatever, working out? Right? If you're obsessed with a problem, I think you're gonna have a better chance of being successful. If you're not obsessed, honestly, I think you might not wanna get started with the business idea at all. That's just too that's just my 2 sayings. Do you agree? Do you disagree? I don't know. Hit me up on social media and let me know about it. Let's talk about it. And, also, this is a bit of a digression. You know, I love the digressions because of my ADHD. I'll be all over the place. But I'm a Christian. And this weekend, I was listening to an old podcast episode by pastor Amos Johnson called how
Parents Making Profits
Be encouraged if your business outcomes haven’t matched your efforts
Fri Apr 05 2024
And I have been leaning into some of this especially after the pandemic. So maybe there's hope for me yet with this patient thing, patience thing. So I'm asking you how patient are you? Next, adaptability. Adaptability is how easily are you able to make adjustments to situations in life. I have always been very adaptable and, you know, I've learned that if you're not willing to adapt, I think you might find yourself to be obsolete. So adaptability feels pretty important to me. How adaptable are you? Next wisdom. This is something you get from experience, presumably. I mean, I know a lot of old people, older people who I don't know, they miss some of that. But anyway, in general, I think you get wisdom from experience. And if you've been grinding for a minute on your startup or your business, I suspect you are collecting wisdom in spades. So go ahead and pat yourself in the back, old wise one. I'm guessing you are pretty wise. Next one, self awareness. Self awareness is simply understanding your strengths, weaknesses, values, etcetera. This kind of goes back to emotional intelligence in my mind and I think it's hugely important on on big and really some kind of some basic levels. On a practical level. If you know, you're not good at something, like find someone else who is and spare yourself the headache. Like who has time to bang their head against the wall when you know, you could just go find somebody else to do it, like outsource it, delegate it, get somebody else to do it, who's good at it and who enjoys it. The author also points out that if you're a late bloomer, being self aware can help you pursue a business that aligns with who you are and what's important to you. So for example, like being obsessed with a problem is
You know, celebrate and, oh, you know, at that time, a lot of people are going live and doing all these things and, you know, we're innovative. We're like, how what can we do that could be a little bit different, have more impact, separate ourselves? And so someone had sent me a DM of of something, and it was a a a prompt. People are always sending me AI prompts or or content because that's what they know me for for chosen media because, you know, we're an agency helping people to create content and strategize. So when I saw the prompt and I was like, you know, this is this is, like, basic, but okay. Right. But then it hit me like, oh, wait a second. That's what people but that's what people need. They just need this, like, help me do this this thing. And so, I shared it with 2 friends and one of my friends said to me, she was like, you know what, Libs, I've been meaning to say this to you. I think that some people have so many there's so many prompts and so much that goes over people's heads. And, actually, I kinda switched the story a bit. It's like this is the point that I realized it where she said that it goes over their heads. And I'd done a workshop, and she was in it. She's like like that lady who was in the workshop, and she didn't even know where to begin. I don't think enough people are helping people to just figure out where to begin. And in that moment, it was just like like, I just went at it. I sat down for an hour. I was prompted. I was like, alright, Chad GPT. Let's let's do this. And then herein lies, you know, she learns AI to get a 1,000 women. Just the first step is to just do it. Just open it and create a prompt, period. Because even that, I'm pretty sure if you're listening to this right now, you probably have oodles of bookmarks saved on your Instagram of, like, all these cool prompts you've seen, but have you actually done anything with it? Right? So so let's stop for a second because, so you answered my question, which I didn't get to ask, which I was gonna ask, which is why you're doing this. So that's perfect. So my question is like, what is prompt
She's wearing a spider with headphones. So look. So let's get right to it. Okay. So number 1, you said, here's how to get your JOMO on if you're an introvert. Identify your personal JOMO sweet spot. Like, what the hell is that? So, like, what's your so for me, right, my JOMO sweet spot is saying, what's what is what is it that I am going to gain from not doing this? So that's my jumbo sweet spot. So, like, you have to think to yourself, if I miss out on this, what do I gain? So if like, you know, right now, crypto, everybody's crypto. Right? It's crypto. It's the bull market, blah blah blah. And then I have to say to myself, what do I gain? I gain the risk of not being scammed. So I gotta find it myself. You have to find for yourself what is it that you will find just comfort with? Like, if you go into, you know, your job, oh, we're going out to the bar after work. What is your sweet spot where or it could be your sweet spot where you say, I'll go there for 10 minutes, and then I'm leaving. I don't care what happens after. Or, you know what? I'm good with not going, and I'm comfortable, and this is I don't this is not gonna bother me. Everybody's gonna have fun, but I'm gonna be okay. So you gotta find, like, what makes you feel like I'm okay with this. I don't have to So this is fascinating, Marie, because there's like an intentionality to this, and you have to say to yourself, okay, this is my JOMO sweet spot. Yeah. I don't wanna be scammed, so that's my sweet spot. So, yeah, no, I'm good. I'm happy missing out on this. But then you touched on the second point at the end of your comment there, which is get comfortable saying no without feeling bad. Yeah. Yeah. That's a hard part for introverts because Is it? Yeah. Because sometimes we're pressured