One from the archives originally posted on February 21, 2018
Keynote speaker and business strategist Sharon Lechter believes that financial education should start at an early age.
She also wants to empower women to take control of their lives and explore a myriad of business opportunities.
On today’s podcast:
- Are you feeling stuck?
- Take control of your life and commit to it
- Stop complaining and focus on the progress you’ve made
- Fear will always hold you back
- A board game for teenagers can teach them about finances
Sharon wrote a book inspired by Napoleon Hill’s Think and Grow Rich, but oriented towards women. Her book is called Think and Grow Rich for Women.
In another of his books, Outwitting the Devil, Napoleon Hill focuses on the things that hold us back, on the obstacles that we create in our own minds.
Outwitting the Devil and Think and Grow Rich helped Sharon transform her mindset. If you feel stuck, you should go and read Outwitting the Devil, with Sharon’s annotations.
Take control of your life and commit to it
Sharon believes that the steps to success are the same for men and women, but we tend to approach them differently. She asks women how much money and impact they want to make, and what is their deadline.
Sharon was getting frustrated with the conversation about work-life balance for women. When you start striving for success, you are ashamed of losing your balance. However, nobody is in balance. Women have so many more components in their lives, besides work and life: their financial, physical, spiritual, business, family and friends sides.
If you feel guilty about what happened yesterday, you will waste precious time today. Just acknowledge it and spend today differently. Take control of your life and commit to living one big life.
Women should stop complaining, and focus on their progress instead
More and more women are coming to the business table. When men and women are both at the table, you have the best of both worlds.
Sharon was getting frustrated with all the negativity, with women complaining about the men holding them back. Complaining attracts negative things. Instead, women should earn their status, and celebrate the progress they’ve made. If women focused on the positive, they would see more change quicker.
Sharon’s goal was to change the dialogue towards positivity and celebration.
Fear will always hold you back
At the end of the day, we have things that are embedded in our psyche that create fear. This fear holds us back from achieving the success that we deserve. It’s not just fear of success, it’s also fear of poverty, illness, criticism.
When you think about the subject of money, what did your parents say about it? Most likely they’ve made negative comments on it.
As a result, it’s no wonder that we grow up with this fear of money, of scarcity. Money becomes an emotional subject. We’re afraid we will never have enough. When we become successful, we’re afraid we’re going to lose it.
Once you acknowledge all that, you can release it and start looking at the world of abundance that we’re truly living in.
Time to play
Sharon also helped developed a board game for teenagers, ThriveTime for Teens. She wants to help young people make better financial choices.
The board game introduces the concepts of assets and liabilities. It also has a lot of humor. Every situation in the game has happened to either one of Sharon’s children, or to one of Sharon’s friends’ children.
ThriveTime creates a lot of conversation around the table. It also creates the opportunity of having the money conversation with your children, without it being so personal.
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