Valuetainment - September 11, 2018


Episode 168： 14 Reasons Why Moms Make Great Entrepreneurs


Episode Stats

Length

14 minutes

Words per Minute

217.3795

Word Count

3,202

Sentence Count

197

Misogynist Sentences

28

Hate Speech Sentences

11


Summary


Transcript

00:00:00.000 30 seconds, one time for the underdog, ignition sequence start.
00:00:07.000 Let me see you put them up, reach the sky, touch the stars up above, cause it's one time
00:00:13.100 for the underdog, one time for the underdog.
00:00:17.400 I'm Patrick Medevi, your host of ITEM, and today we're going to talk about the moms out
00:00:20.740 there, the mothers out there who become entrepreneurs.
00:00:23.180 I'm going to share with you 14 reasons why moms make great entrepreneurs.
00:00:26.960 So let's start off with the first one.
00:00:28.860 They tend to deliver bad news gently.
00:00:33.560 There's something about the way a mother delivers bad news.
00:00:37.940 They're a little bit more tender about it.
00:00:39.560 They're a little bit more, you know, understanding about it.
00:00:42.520 They are more concerned about the other person's feelings on when they want to tell them, here's
00:00:47.600 what happened, here's what happened, here's what happened, where the other person's taking
00:00:51.080 it better versus a father may say, it doesn't matter, here's what you need to do, and it's
00:00:56.020 boom.
00:00:56.900 And then a kid goes in a room, it's like, you know what, you have no idea, you have some
00:00:59.520 feelings as well.
00:01:00.560 Mothers are better at dealing with that than sometimes fathers.
00:01:03.720 That is a strength of yours when it comes down to dealing with business.
00:01:06.440 Second one, natural leadership instincts.
00:01:08.740 I think mothers have a very, you want to call it a sixth sense.
00:01:13.820 They know things that are going on that maybe nobody else knows what's going on.
00:01:17.460 They have leadership instincts.
00:01:18.720 They can feel, and the reason why I think they can feel something, and you got to know
00:01:22.760 one of the reasons why you have such an edge is because mothers tend to spend more time
00:01:26.820 with kids than fathers do.
00:01:29.920 And when you spend more time with kids, this is not in all cases, but when you spend more
00:01:33.860 time with kids than fathers do, kids are all emotional.
00:01:38.880 So, your sensitivity towards emotion goes even higher than a man would or a father would
00:01:46.420 because you're around it more.
00:01:48.040 Kids are very good teachers.
00:01:49.260 So, can you imagine if kids are very, very good teachers, mothers are getting more teaching
00:01:54.320 from kids than fathers are because kids teach us about emotions and feelings.
00:01:59.480 So, your natural ability to be able to read people is much better.
00:02:04.360 This is why a lot of times a mother says, I don't get a good feeling about that person
00:02:08.280 or I don't get a good feeling about this.
00:02:10.220 They have a certain intuition because they see it with their kids all the time.
00:02:13.660 So, you have natural leadership instincts that I don't know how to explain it.
00:02:19.640 I think if it makes sense to you now, you pretty much know what I'm saying with this.
00:02:23.180 Next one would be, point number three would be, you're not afraid to speak your mind.
00:02:27.700 You're not afraid to speak your mind.
00:02:30.340 I think mothers will approach problems and say, son, I don't like how you're handling
00:02:34.200 this.
00:02:34.960 Honey, I don't like how this is taking place.
00:02:37.280 I don't like the way we did this.
00:02:39.440 I don't know if we're doing the right thing here.
00:02:41.640 Mothers will generally say this.
00:02:43.320 Fathers may set aside the problems and just kind of go and say, oh, we'll figure it out.
00:02:46.540 We'll figure it out.
00:02:47.520 Mothers will bring it up so they're naturally not afraid to speak their mind.
00:02:51.040 And in business, it helps you a lot to talk about the things that are taking place
00:02:56.320 in business.
00:02:57.180 And it helps resolve issues sooner rather than delaying an issue that's going to take
00:03:02.080 place that we have to resolve seven months from now.
00:03:05.080 Mothers do it now.
00:03:06.240 Again, if you tap into that ability that you already have.
00:03:09.320 Next, you know, typically, and this is kind of a strange way of describing it, man, we
00:03:17.140 can learn a lot from this.
00:03:18.240 But mothers, you know, typically have other mothers that they confide in and they talk
00:03:25.120 about their problems.
00:03:25.860 So they have, I don't want to say mentors.
00:03:27.920 It's natural mentors, but they have other people that they talk to that's in the same
00:03:34.020 situation as them.
00:03:35.460 So it allows them to release a certain frustration that you're having as a mother raising your
00:03:43.600 kids because you see somebody else is going through it as well.
00:03:46.500 So if you use that same ability and find other entrepreneurs to confide in who are in the
00:03:53.320 similar situations as you to understand you and those who overcome, not those that necessarily
00:03:59.000 want to say, well, this is why we can't run a business.
00:04:01.540 I'm not talking about that.
00:04:02.580 Just because you're a mother doesn't mean you're going to make a great entrepreneur.
00:04:05.160 Let's get that part, you know, open and I'm not trying to be diplomatic here.
00:04:08.840 I'm just telling you just because somebody is a mother doesn't mean you're going to make
00:04:11.560 a great entrepreneur.
00:04:12.380 They're still negative and positive mothers.
00:04:14.680 I'm talking about somebody who is positive, who is truly wanting to build a business.
00:04:19.280 If you tap into that same ability to confide into your peers to find out the situation
00:04:23.800 there and then you do the same as a business and find that mentor, you'll generally find
00:04:27.920 a way to solve that problem, overcome that issue that you're addressing at that time.
00:04:32.900 Next is urgency.
00:04:34.740 Mothers, you know, entrepreneurs are urgent.
00:04:36.400 The reason why they're urgent is because they have so many things going on.
00:04:38.800 Drop off the kid, pick this up, food, boom, job, school, music, all this.
00:04:43.260 You have so many things that they're more, okay, here's what I got.
00:04:46.280 10 minutes, 15 minute call, 20 minutes.
00:04:48.120 There's a certain level of urgency when you're dealing with mothers because there's only
00:04:52.000 24 hours in a day and there's so many things that need to get done.
00:04:55.080 And somehow, someway, they tend to get more things done, mothers do, as entrepreneurs.
00:05:00.740 Next is natural networking skills.
00:05:03.740 I would say moms are very good at asking, who do you know?
00:05:07.220 Who do you know that does this?
00:05:08.380 Who do you know that does that?
00:05:09.220 Who do you know that does this?
00:05:11.320 Men, we tend to kind of think we know it all.
00:05:13.420 We tend to think we don't need help.
00:05:14.600 So, networking-wise, they don't mind asking anybody on who they know in this area and that.
00:05:19.360 So, they're very good on referrals.
00:05:20.580 When it comes down to the area of asking for referrals, my gosh.
00:05:23.420 I mean, I've had salespeople in our company.
00:05:25.680 54% of the agents in our company are ladies.
00:05:28.720 And those who are some of the best producers in our company are mothers who are very good
00:05:34.620 at working the referral market.
00:05:36.340 And the referral market is, who do you know?
00:05:38.260 And that comes from natural networking skills that you already have in place to use and apply.
00:05:44.100 And remember, a lot of these things I may be saying right now.
00:05:46.860 You're a mother watching this and you're saying, how come I don't use that skill?
00:05:50.240 You've got to use it for it to work.
00:05:51.960 So, you have the muscle.
00:05:53.760 It's almost like you have that weapon in your arsenal, but you're not using it.
00:05:56.580 If you don't use these things in business, it won't do anything for you.
00:05:59.540 You've got to take these things and actually apply them.
00:06:01.860 And you'll realize how simple it is because you've been doing it all your life already.
00:06:06.300 Next is, you know, point number seven is there's a certain level of trustworthy for mothers.
00:06:11.780 There's a certain level of trust.
00:06:12.920 I don't know how to describe this.
00:06:14.680 You know, if somebody's selling me something and they're a mother and they have kids,
00:06:18.480 I can tell you myself as a buyer, I trust.
00:06:21.860 Because for me, I always think a mother's going to give the right feedback because she has a kid
00:06:27.140 and she knows she doesn't want anybody to take advantage of her kids.
00:06:30.560 So, probably, she's not going to want to take advantage of her.
00:06:33.780 So, in my mind, as a person, I trust a mother selling in the area of business when it comes
00:06:40.240 down to wanting to buy their product.
00:06:42.680 Next one is emotions.
00:06:45.740 Tender-hearted.
00:06:47.200 It goes back to when I told you they deliver bad news better, but this is more about the
00:06:52.580 listening side.
00:06:53.480 When I say emotions, they make better listeners.
00:06:55.360 So, if a client is wanting to buy something, and let's just say they sit there and say,
00:07:00.700 well, you know, let me tell you my experience with the last person I had told me about it.
00:07:04.640 Well, the last person I dealt with, he did this, he did this, he did this, he did this,
00:07:07.640 he did that.
00:07:08.340 How did that make you feel?
00:07:09.540 It made me feel this way.
00:07:10.360 What do you think about that?
00:07:11.300 What do you think about that, John?
00:07:12.540 What do you think about that, Mary?
00:07:14.000 What are some things you would want to be different when you do business with somebody new?
00:07:17.180 If somebody, they're very good at, you know, displaying that listening skills to hearing
00:07:22.860 you out, and men, we just want to give the next big positive, you know, popular answer
00:07:27.460 to be impressed and say, did you hear that comeback I gave?
00:07:30.580 Sometimes we are so, we forget, we don't even know that.
00:07:33.400 But mothers are very good at saying, okay, I'm hearing you out, and we like to be heard
00:07:38.080 out, and as a customer, we want to talk to somebody that's listening to our issues and
00:07:44.120 our challenges, and hopefully they'll figure out a way to resolve it if we trust, which
00:07:47.880 in a sense like this, we would, because we're dealing with a mother that's got a higher trusting
00:07:52.160 rate than the rest.
00:07:54.440 Next, they ask a lot of questions, point number nine, you know, when a kid comes home from
00:07:58.420 school, practice again.
00:07:59.760 Pick up the high school, what did you learn today?
00:08:01.140 What happened here?
00:08:01.700 What did that guy say?
00:08:02.400 What did that girl say?
00:08:03.060 What's that girl's name?
00:08:03.720 What does that girl do?
00:08:04.700 Who's best friend?
00:08:05.180 Who's your best friend?
00:08:05.860 Who did you, is that girl saying, are you hanging out with that guy?
00:08:08.060 What's Bobby doing?
00:08:08.740 What's the, they want to know everything, right?
00:08:10.680 Because think about it right now, you're like, oh my God, my mom asked me all the questions
00:08:13.280 and I drive home and I can, you know, I know what she's trying to ask me.
00:08:16.280 They're trying to figure out clues, right?
00:08:18.260 So why is she hanging out?
00:08:20.460 When I picked her up, she was talking to this guy.
00:08:22.480 So tell me about that guy.
00:08:23.460 Oh, so that was so, I like your friend.
00:08:25.480 She was talking to that other guy and that other guy's a senior and his daughter's, her
00:08:28.700 daughter's, let's just say, freshman.
00:08:30.140 I noticed you were talking, is that the football player?
00:08:32.280 Yeah, is he the quarterback?
00:08:33.400 Good looking guy.
00:08:34.340 Tell me about him.
00:08:35.000 How many times you guys hang out, mom's trying to find out if there's anything going on with
00:08:38.520 that quarterback and a daughter.
00:08:39.560 However, it's the same exact thing in sales or in business, a mother's asking questions
00:08:44.800 to get to the issue of resolving to see if this may be a problem that they have to overcome
00:08:49.440 later on when it comes down to asking for a check or asking for the sale.
00:08:53.020 Well, I'm going to resolve this right now is what I need to do when it comes down to
00:08:56.660 asking questions.
00:08:57.540 No matter what happens, office situations, environment, leadership, it all comes down to
00:09:01.640 the questions you're asking the people you're dealing with.
00:09:03.960 So mothers, because they ask very good questions, they also make very, very good negotiators,
00:09:08.120 which goes point number 10.
00:09:10.680 They make very, very good negotiators.
00:09:12.480 They negotiate with their kids.
00:09:13.420 They negotiate with their husbands.
00:09:14.780 They have to get the husbands to be willing to pay for something.
00:09:17.200 They have to be getting the families to settle and come together.
00:09:20.280 They have to be willing to put a birthday party where the in-laws don't want to get together
00:09:23.640 with the other in-laws and there's negotiation going on with the in-laws and she's in the
00:09:26.820 middle trying to get both parties to work together.
00:09:28.640 There is so much negotiation going on with mothers that, you know, it's just, there's a lot
00:09:33.720 of skills that you have that there's not a, you know, price tag to put on there because
00:09:38.600 you didn't go to university and learn this for $200,000.
00:09:41.580 It's the life university that mothers go through.
00:09:44.120 But you got to use those skills.
00:09:46.340 You got to use those skills for business to see the results on it.
00:09:49.660 Point number 11.
00:09:51.600 They are superior multitaskers.
00:09:53.640 This is not a debate here to say whether multitasking is real or not.
00:09:57.780 I've done a video on that.
00:09:58.700 You want to go debate that?
00:09:59.600 Go watch that video.
00:10:00.960 Mothers are better multitaskers.
00:10:02.680 They hold a baby, they cook, and they talk to the husband simultaneously.
00:10:07.000 Three actions going on at the same time.
00:10:08.780 They are better multitaskers.
00:10:10.920 And sometimes in business, you're going to be doing multitasking quite a lot.
00:10:14.600 Number 12.
00:10:15.260 Better problem solvers.
00:10:17.220 They solve problems very well.
00:10:18.640 Again, the practice they get on solving problems is on who?
00:10:22.140 Kids.
00:10:22.980 It's constant problems that they're facing with kids.
00:10:26.020 So they have to become better problem solvers because they're getting practice nonstop with
00:10:29.900 their kids already.
00:10:31.320 Number 13.
00:10:32.200 Tolerance for pain.
00:10:33.780 Tolerance for pain.
00:10:34.580 I have to write this down because my wife's at two care and she has one on the way.
00:10:39.900 And I've been part of both of those deliveries.
00:10:42.220 And I see some of the things mothers go through.
00:10:46.920 Your tolerance for pain is unreal.
00:10:50.620 There's a reason why you were chosen to be a mother, a woman.
00:10:54.980 You know, if you have a child, there's a reason you are where you are with that.
00:10:59.780 You got to know there's a reason for that.
00:11:01.340 And so your tolerance for pain, when it comes down to business, I once heard a lady who
00:11:07.020 owned a business and raised kids.
00:11:09.400 And she started a startup and she lost a couple startups and one of them worked.
00:11:12.560 She said, the closest thing a man will ever experience to giving birth to a baby is starting
00:11:18.060 a company.
00:11:18.800 It's the closest thing you'll ever experience.
00:11:21.040 And I sat there and said, that's pretty interesting because it's very painful to start a business
00:11:24.340 sometimes because you're going through having to learn so much all at the same time.
00:11:27.900 But because mothers have a tolerance for pain, if they're able to channel that into business,
00:11:32.480 they can leverage that into, use that as an upper hand for themselves as well.
00:11:36.060 Point number 14 is event planning.
00:11:40.480 You're generally better event planners, weddings, birthdays.
00:11:43.600 You have so much practice doing that, that most of you have so much practice doing that,
00:11:49.360 that when it comes down to business events, putting events together for business, you have
00:11:54.180 an upper hand.
00:11:54.820 You have a very big upper hand and in business, it's all about putting nice events together,
00:11:59.820 networking, taking care of people, hosting good events.
00:12:03.040 You know, when you put good events with charities and, you know, whether it's profit or cigar
00:12:07.280 or wine or, you know, parties and all these types of things.
00:12:12.160 This is when people come and who hosted this event, such and such.
00:12:15.220 She put the event together, then everybody goes through her as a referral source.
00:12:18.380 You have 200 cards.
00:12:19.560 You just got your better event planner and business that helps you out a lot when it comes down
00:12:23.720 to the business side.
00:12:24.880 And then the last one is mothers tend to unite people.
00:12:28.680 Okay?
00:12:28.880 Mothers bring kids together.
00:12:30.500 Mothers tend to bring families together.
00:12:32.440 Mothers tend to keep the siblings together.
00:12:34.940 Mothers tend to keep the son and the father close together.
00:12:37.980 Mothers tend to, you know, bring, when one of their kids is going through issues, relationship
00:12:44.440 with their spouse, they tend to want to keep them together.
00:12:47.100 They have a strength of unity and uniting people.
00:12:50.060 And that helps you in business because in business, say a vendor and you don't get along,
00:12:54.320 that you can bring it together and figure out a way to say, what are you not happy about?
00:12:57.360 What are you not happy about?
00:12:58.140 What is the number you want?
00:12:59.320 We can't pay over this.
00:13:00.340 What can we do about this?
00:13:01.220 Can we make this work?
00:13:02.280 We like you.
00:13:02.860 You like us.
00:13:03.360 We've been together for a while.
00:13:04.320 Why don't we just try to make this work?
00:13:05.820 Great.
00:13:06.160 You want our business, right?
00:13:07.200 Yes, we want you.
00:13:07.860 We've been together for 11 years.
00:13:09.300 Do we really want to make this relationship be sour over one simple sale that we don't agree over $1,000?
00:13:13.940 No.
00:13:14.720 Why don't we make it work?
00:13:15.640 What do we want?
00:13:16.220 So unite.
00:13:16.880 There's a strength in doing that.
00:13:18.180 So you got 15 things.
00:13:19.800 But I could tell you one thing here.
00:13:21.280 You know, mothers that I do business with and I see their strengths in business, they're
00:13:25.000 incredible because they have certain skill sets that others don't have and I need to
00:13:29.000 bring it out in them and show it to them that you have this ability already.
00:13:33.040 Let's put it to use.
00:13:34.220 You've been doing this for the last nine years with your three kids.
00:13:36.900 Let's put this to use.
00:13:38.140 You've been using these things for the last 17 years.
00:13:40.600 You already know how to do this.
00:13:42.100 Why aren't you doing this in business?
00:13:43.940 Let's put that to you.
00:13:45.060 So on behalf of all the mothers that also follow Valuetainment and I get lots of nice
00:13:49.880 messages from you and we did a survey the other day.
00:13:53.060 I listened to a lot of the comments that the mother sent on the survey that we did and
00:13:56.940 we definitely want to let you know that I'm thankful for you as well.
00:14:01.060 I am who I am as well because I had a single mother that raised me at some period as well
00:14:05.240 and there's some impact that was made on my life.
00:14:07.660 Tremendous impact that was made on my life.
00:14:09.180 I want to give some love to all the mothers out there who are entrepreneurs.
00:14:13.240 Go out there and use your strengths to your advantage so you can succeed as an entrepreneur
00:14:18.060 as well.
00:14:19.400 Thanks everybody for listening and by the way, if you haven't already subscribed to
00:14:22.400 Valuetainment on iTunes, please do so.
00:14:25.260 Give us a five star, write a review if you haven't already and if you have any questions
00:14:29.160 for me that you may have, you can always find me on Snapchat, Instagram, Facebook or YouTube.
00:14:34.220 Just search my name, Patrick David and I actually do respond back when you snap me or send me
00:14:39.660 a message on Instagram.
00:14:41.120 With that being said, have a great day today.
00:14:42.840 Take care everybody.
00:14:43.400 Bye-bye.