June 6, 2022 • 23 mins
Watch or Listen Now! Possibilities, Options & Dreams: Ep-1 “The Terry Powell Story: Birth of The Entrepreneur's Source" “The Terry Powell Story: The Birth of The Career Revolution”
POD - Possibilities, Options & Dreams fosters meaningful connections, empowering aspiring entrepreneurs to identify, pursue and achieve their dream of self-sufficiency. The largest Career Ownership Coaching™ organization for nearly 40 years, The Entrepreneur's Source® (TES) has helped nearly one million professionals explore their career possibilities with our powerful approach to education, awareness and discovery and our unique Income, Lifestyle, Wealth and Equity™ assessments.
In this episode of the “Possibilities, Options & Dreams” Podcast, Mary, Melissa, Tamara, and Marissa discuss the revolutionary concepts put into a program of action within The Entrepreneur's Source® (TES) which has helped nearly one million professionals explore their career possibilities. Based on the best-selling book for successful and emerging entrepreneurs “Take Ownership of your Career 2.0, A Survival Guide for the Battered Career and Investor Syndrome” POD – Possibilities, Options & Dreams fosters meaningful connections, empowering aspiring entrepreneurs to identify, pursue and achieve their dream of self-sufficiency.
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More About This Podcast:
You are painfully aware that the job market has changed dramatically in the last 25 years with more and more layoffs every time there is a downward shift in the economy, with jobs being lost to cheaper labor in other countries and entire industries moving overseas. We have been living in the Career Revolution era where job security no longer exists and pension plans are a thing of the past. Our families, our income, our emotional wellbeing, and the way we must plan for the future have all been drastically affected. Maybe there have been cutbacks in your company. Maybe you have been lucky enough to have survived them but wonder when your turn is coming. Or maybe you didn’t survive the latest layoff and are currently unemployed or underemployed, or perhaps you have even joined the unemployable ranks. Increased levels of fears and uncertainty in today’s workplace don’t leave much room for inspiration or empowerment. In fact, when was the last time you felt inspired or empowered? Think back to when you were a child and the possibilities were endless. You felt you could do anything. You felt empowered, right?
You could dare to dream because failure was not even an option.
You had the ability to focus on the end goal and not on the obstacles in your way. It’s time to regain that ability and redefine your goals. Where is your professional future headed? Are you on track? Will your current path take you where you want to go? This book is the starting point of your journey towards self-sufficiency and financial freedom. Together we will build the framework to define your goals, needs, and expectations, and assist you in determining the proper vehicle to help you attain them.
Go to Podcast Page: https://entrepreneurssource.com/podcasts/
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Unknown (00:03):
Hello pod peeps Welcome back to the
possibilities options and dreamspodcast with the entrepreneur
soars where we empowerindividuals to identify, pursue
and achieve their dreams andself sufficiency. It's Mary and
Mel here to kick off today'spodcast and started the day off.
Right. We've got our coffees,we've got our drinks, I have my
morning block, my cortisol isdown, Melissa, how are you
(00:25):
doing?
We are feeling good, I got myworkout in, so don't worry. But
to get us kind of in the zoneand ready for all the things
we're talking about today, Marywanted to kind of get into
what's your mindset moment fromthis week? So far? It's like a
positive focus or an aha momentor something like that.
Okay, well, I actually am reallyexcited about mine. So I
(00:47):
recently celebrated my five yearanniversary with CES, which is a
big deal on its own, justbecause it's literally the
biggest commitment I've evermade.
We're happy about that. LastFive Years,
yeah, it's a it's been a win winon both sides. So, but just
thinking, if you think aboutpossibilities, and if you'd
(01:10):
asked me five years ago, we'retold me five years ago that I
was gonna be here today, I maybewould have run away like because
of, I just had no idea. But if Ialso look at where it was five
years, and the opportunities andpossibilities that have
presented themselves throughoutthe last, you know, half a
decade, it's incredible what canhappen and what you can
(01:32):
experience when you're open toit. So it's just really exciting
to kind of reflect and look backon and I feel really lucky. So
that was mine.
My duty, Vice pretty broad, butit's basically mindset impacts
everything. So they can put aconversation earlier this week.
And really like regardless of ifit's a career or a job, personal
(01:54):
fitness, wellness, whatever. Mymindset impacts how I approach
it and my perspective, andreally impacts what's possible
for me with everything. So, forexample, like if I'm looking at,
oh, my gosh, I have so much todo, there's all these tasks to
do that work. Instead of makingthat like a negative, it's like,
(02:14):
what's my mindset around that?
What can I what am I doing? Whatam I impacting by doing these
different things, and that inand of itself kind of opens up
me and myself to what's what'spossible, essentially. So
anyway, it's just very general.
But it's a good little saying tokind of, kind of live by how
(02:36):
you approach the situation makesa big deal, just kind of laying
the groundwork. But today, we'rereally I'm really excited to
introduce two of our fabulousladies of T S we have tomorrow
Loring, who heads up our brandideology. And you've been with
ces or what, 19 years now T19 years. Funny story about
that, when you said five yearshas been the biggest commitment.
(02:57):
When I started here, I actuallytold Terry, this is going to
just be a short term thing untilI figure out what I'm going to
do when I grow up. And yes, 19years later, I'm still loving
it. And so honored that I'm incharge of ideology at this point
in time, because like you weretalking about mindset, it's
about it's everything. And beingpart of the possibilities
(03:17):
mindset and seeing so manyopportunities where so many
people see none. I mean, it'sjust so empowering. So
just to hear you say that I'm wesay your you embody TSM to live.
It's clear to see, yeah, but itwas what you wanted to do when
you grew up. And then we alsohave Marisa Freuds, who's our
(03:39):
integrator. The first the mostrecent hat of many, and thank
you started 10 yearsago. I did. Yeah. And another
funny story that Terry alwayslikes to joke about. But I just
think it talks about the journeyand the possibilities that are
available. He always says likewhen we first hired you and
brought you in, you didn't know,franchise from a french fry. And
I always laugh because it'slike, I think I didn't know
(04:01):
that. But it's just the thepossibilities and the learning
and the journey that you gothrough. But yeah, where we
started 10 years ago, where weare today. It's just the
possibilities are endless. SoI'm excited to be here.
That's incredible. Yeah. Andyou've also had a huge impact on
the organization and with ourcoaches and, and things like
that. So we're awesome to pickyour brain a little bit your
(04:24):
brands together today. Yeah,what are your thoughts on all of
that?
Oh, my gosh, I am so excited tobe talking about this because it
truly is just a few of myfavorite themes and topics from
our books. So for those that arefollowing along, just like Mary
said, We're gonna really behighlighting a few of the themes
early on in chapter one. And forthose that are wondering, What
(04:45):
book are you talking about? Sothis is a book that we've
authored, and it's What Got YouHere Won't Get You There, your
career 2.0 A Survival Guide forthe better career and investor
syndrome and it's so great thatwe're kicking off with chapter
one because So those are twothemes that we're going to be
talking about. So tea, I'mexcited to just ask you some
questions and start to explainsome of these themes a little
(05:08):
bit further. One of the firstthings we talk about in chapter
one is the career revolution. Sowhat is and can you just provide
some explanation about what isthe current revolution that has
taken place over these last 25years? Yeah,
no, absolutely. I mean, I thinkas we're all painfully aware,
especially if we've lived herethrough the last few years that
(05:29):
you know, the job market hasdramatically changed. And it
keeps on changing at warpspeeds, mind gear, right. So I
wish I could say it's somethingthat evolves very slowly, and
you can think about it and adaptto it. But it really isn't the
reality. It changes so fast,that it's basically a revolution
(05:49):
of sorts, right. So that's whatwe mean by that.
And I think a few of the themesthat we're going to talk about
today are things thatindividuals could relate to so
much. And so one of the thingswe talk about is job security.
And really, the big question is,is there such a thing as job
security in today's environment?
(06:10):
Well, I mean, it seems like youknow, every time there's a shift
in the economy, so manyemployees experience, I mean,
either layoffs or furloughs,look at what happened again,
just here in the last 12 months,companies needed to downsize,
they needed to temporarily shutdown, they weren't sure whether
they're going to open up theirdoors again. So you know, if you
think about just the things thatwe've witnessed here over the
(06:32):
last 24 months, maybe 12 months,I mean, you told me does it feel
like there's job security outthere, you know, ya
know, and it reminds me a lot ofjust stories that we hear
relating with our own franchise,business owners and career
ownership coaches out there, andeven the clients that they work
with. And it's a reallyunfortunate theme that I think
(06:55):
we get to hear just by being inthe business that we are, but
oftentimes, you know, people aresaying things to us, like, I've
given my life to a job, right,I've missed children's games,
I've traveled all the time, Idon't get to do the things that
I enjoy. And I just feel like Igrind all day long. And at the
end of the day, I was eitherlaid off or shown the door, and
(07:16):
I realized I gave all that timeand energy for what so it just
goes to show you that jobsecurity that you think you're
striving for every day. It'sjust it's not a thing at the end
of the day, and a job as a job.
And if someone feels that thetime to lay you off is now it
doesn't really matter all ofthat time and effort and time
away from family that you gave,you know, to that job. So,
(07:39):
really, and I think that thatstarts to shape up some of the
realities of the careerrevolution. So can you talk
about some of the realities ofthe career revolution,
just reflecting back, you know,to when I was a child going to
school, I remember teacherstelling us, you know, you need
to work hard, you need to studyhard, because you know, you want
to be able to go and get thatamazing job, right? And how many
(08:02):
of our parents may have evensaid similar things. And so you
so you grow up thinking it's ajob that you want, but to what
end, you were saying that, youknow, it's like sometimes you
dedicate your life to a job. Andat a whim, the economy could
change, you may have an amazingemployer, but they don't have
any control over whether theycan even afford to give you a
(08:22):
job or whether they can evenstay in business. I mean,
imagine that, that kind ofpressure. So, you know, I feel
like we're following a dream.
That's actually a myth. Becauseis it the job that we're after?
Or is it something greater thanthat? So if we think that it's
security, while certainly we'vealready spoken about the fact
that a job may or may not beable to offer you security,
(08:44):
certainly not something thatlike what our parents were
accustomed to where maybe youput in 1020 30 years with a job
and can actually retire with apension. I mean, pension plans
are something of the past,absolute, and even the other
realities that we've been hitwith, you guys are maybe a
little bit young to remember.
(09:05):
But when we went through theGreat Recession 2007 2008, I'm
still speaking to some of ourclients that are still
recovering from that, where theyreactive investments, yeah,
their 401 K's, their pensions,their retirement, their money
for retirement, turned into whatthey jokingly said, into 201
(09:26):
K's. So imagine the last 10years that were trying to just
rebuild to get to where theywere. And now, you know, we
faced the pandemic and manypeople are feeling like they're
starting over and over again. Soyou know, those are some of the
realities of the careerrevolution that we're facing
that it feels like you'reworking, working working, but
(09:47):
are you actually stuck in thishamster wheel? Are you actually
getting ahead? And you know, oneof the other trade offs you were
talking about too is maybeyou're investing time and yours
doing it and you're not seeingyour family grew up or you know,
you're not able to invest thequality time you want there. So
where's the balance in that? Oreven worse yet, you know, maybe
(10:08):
you're investing all this timeworking on somebody else's dream
apps versus your own dream?
Yeah, absolutely. So talkingabout some of those harsh really
realities of the car revolution,does it affect a certain segment
of the population more thananother? Oh,
one would think Yeah, right. Butno, absolutely not. I mean, once
(10:28):
again, you know, when we speakto so many of the great people,
we get to interact with, youknow, whether we're speaking to
people who are in their 50s, ormaybe heading in the 60s, I
mean, they're still young andvital. They're wondering what
they're going to be doing forthe next 20 3040 years, so to
speak. But they're saying that,you know, that they almost have
to dumb down their resumes,because their experience, their
(10:51):
expertise is actually aliability. It's not a benefit.
So even though ageism, ordiscrimination is illegal,
definitely facing it. Right. Soyeah, you know, so that's what
maybe the older population isexperiencing. But I mean, you
guys told me, You're the youngerones, too. I mean, do any of
(11:12):
your cohorts think that they'regoing to stay with a company for
1020 30 years? And even if theyget a job? How long? Are they
able to keep it? I mean, so manyyoung people? Yeah, you're very
here. Yeah,friends, you know, even my age,
when I tell them, I celebrated10 years at TDS. They're
shocked. Like, they're like,I've already had four jobs in
(11:33):
that timeframe. So to yourpoint, like, even for my age,
and I'll let you guys comment onthat, too. It's shocking, even
for my own friends to hear thatI've been somewhere for 10
years, you know, so it's, likeyou said, I think we all kind of
face it. But what do you guysthink of
that you've been here for 10years, and you enjoy it. And
that's kind of how it goes. ButI do think that I definitely
(11:57):
feel privileged. And I don'tthink I don't take it for
granted, that might myexperience at TDS. Because same
to your to your point, ourfriend group, my friends, their
experience, they've literallyexperienced everything that
you've talked about whetherbeing laid off being you know,
out of their control, being in atoxic work environment, working
for a manager that doesn't havethat mentorship, mentality or
(12:20):
possibilities mindset and canfeel threatened by someone who's
like enthusiastic and eager togrow and to learn. And you know,
even just experience incorporate politics, all of these
different things that you talkabout the corporate America, or
just kind of some of the workenvironment characteristics that
maybe people even take forgranted. I think in some ways,
we might live in a bit of a TTSbubble, or it's, you know, we've
(12:42):
worked hard to create anenvironment that's not that way,
pretty much every single one ofmy friends outside of TTS has
experienced something verydifferent. So I don't know about
Melissa, if you wanted to addanything, I was gonna
say a better career syndromedoes not discriminate on age at
all. Because yeah, I havefriends who have had multiple
jobs or, and I think to what youwere saying to about when you're
(13:05):
going to school and kind of thejob is held up on this pedestal
as like, this is the be all endall. This is what you're
striving for you get that job,you get the you know, you're
going for the six figures, likewhatever it is, but we don't
talk about you know, what,actually is it that you want,
like the lifestyle? Right, andthe trade off that's gonna come
(13:26):
with that. Don't talk about thatat all, until you're actually in
it. And you're like, oh, mygosh, when is this? What I
wanted?
Yeah. And then you keep onhunting for that job. Like you
guys are talking about some ofyour friends. Right? So you just
lost a job. Okay, now, what ismy goal? I need to get that next
job. To what end? In the book,it makes me think you know, what
job stands for? Did you guys seethat acronym? just over broke?
(13:47):
just over broke? I mean, I don'tknow about you. But that doesn't
make me feel inspired. That job?
Yeah, job and then never mindthe career right. Like, because
like, when you retire. I wasthinking like, what was I going
to be whether it was anastronaut or president or you
know, I'm going to change theworld. And now, you know, just
hunting from one job to thenext. Are you actually even able
(14:08):
to build that career? So? Yeah,I think that's a perfect segue
into what better careersand that's right in the title
right of the book, or a littletagline, a survival guide for
the better current investorsyndrome. And I remember when I
first started and I you know, wewent over the book and I read it
and I looked at that thebattered career and investor
(14:29):
syndrome it just sounded so likeharsh. I'm like, What is this
and are people actuallyexperiencing this and I know we
spoke about some of our clientsbefore but as I got the
opportunity to work withclients, you know, in our own
coaches and to hear them telltheir stories, I realized how
important talking about the thebatter current investor syndrome
(14:51):
was because there was a commontheme and they were all
experiencing exactly that. SoI'm sure for some lists. nerves.
We've mentioned this a coupletimes, you are probably at the
point wondering what the heck isthat? So can you talk more about
what is the battered careersyndrome?
Absolutely. And it's certainlynot something we take lightly.
(15:11):
Right? I mean, if you thinkabout battered spouses and
things like that, I mean, it's avery, very vicious cycle. As a
matter of fact, I remember, inthe early days, when Terry, a
founder spoke about, you know,there was similarities to what,
you know, people who areexperiencing, maybe domestic
violence go through similar towhat's up, you know, people in
(15:34):
careers are going through whenthey work for corporate America,
and they experienced theselayoffs. And they feel like
their identities have beenstripped from them. And yet, we
didn't want to use that term,because we were concerned that
people were going to think wedon't get how serious it is. But
it's actually our clients whosaid, Oh, my God, that is
exactly what has been happening.
It actually gives me goosebumps,right? Because they felt like,
(15:55):
they had no purpose. They feltlike they couldn't provide for
their families, they felt likethey really didn't have an
identity. And to think that youwork your entire life, you go to
school, you actually occurstudent that in order to then
feel like this and feel like youdon't have any options. I mean,
(16:16):
so the batter career syndrome isabsolutely real. But then you
think about like, okay, so ifyou realize that you're in a
toxic situation, why don't youdo anything about it? And I
mean, I'm certainly not apsychologist or anything like
that. But it seems like when youdon't know that you have
(16:36):
options, and you don't know whatthey are, you would rather deal
with the devil, you know, thanthe devil that you don't, right?
Because for many people, it'slike, I still need to pay my
mortgage, I still have theseobligations, I need to put food
on the table. So yeah, I hate myjob. Yes, it's toxic. But what
other options do I have? And sowhat you end up finding is
(16:58):
people just repeat the patternover and over and over again. I
mean, it's, you know, in someway, no different than maybe a
New Year's resolution orsomething like that, right? Like
this is going to be the yearthat I'm going to change
something. But unless somethingdrastically changes to change
your behavior and your habits,another year will pass and
you're still there. And youknow, so that's what better
(17:18):
career syndrome is about. And Iguess veteran investor syndrome
is something similar, right?
Because depending on yourinvestment strategy, you know,
so many people, like I wastalking about the Great
Recession, were beingfinancially responsible. They
invested, they put away fortheir retirement funds and
everything. And because it was areactive investment. It's
(17:43):
basically like gambling, oh, mygosh, I hope the stock market
does well. And then they look atwhat happens and overnight, like
magic, their equity or theirretirement fund, bam, just
plummeted. So you know, justseeing that cycle where you are
reactive, and you're just hopingand praying for the best. That's
(18:03):
what causes, you know, bettercareer and battered investors
syndrome, because you're reallynot in a proactive position.
You're in a reactive position,just kind of hoping and praying
for the best. Yeah,no, thank you such a good way to
describe both of those. So Iknow we've we've been talking
about some of the trade offsthroughout our conversation. But
another byproduct of the carrevolution is just the number of
(18:23):
trade offs employees are havingto make just to keep their jobs.
So any others that you wanted totalk about that maybe we haven't
mentioned throughout ourconversation so far?
Yeah, no, the two big ones are Ithink time, right, whether it's
time commuting time away fromyour family. And you would think
(18:44):
like now in this last year,things have changed, right?
Because suddenly, people don'tneed to commute as much. But
what I've actually heard is thatthe work life balance is so off
that people even working fromhome are so concerned that
they're going to lose their job,that they're actually struggling
with work life balance. Soinstead of now in less than 12
hours, 13 hours, they'reactually investing 16 hours they
(19:06):
glued to the computer. And thenthe stress when you don't have
that balance, and you have otherfamily members around, right,
you're probably not bringing thebest version of yourself because
you're there but you're not 100%Present. So certainly time is
one of those big trade offs,right? And the longer you work
on somebody else's stream, theless time you'll actually have
(19:28):
to work on yours, which is thebig The second big biggest trade
off, right? Getting clarityabout you know, you do something
for yourself and you'reproactive about that. Are you
going to be doing something forsomebody else? And that's okay,
but just being aware aboutsomething that I was thinking
of, I don't know if it's theright place to use this. But
when you were talking about justthe battered career syndrome,
(19:50):
the battered investor syndromeand even job security right and
what we were talking about, weknow, colleagues and friends
have RS that are, you know,constantly being laid off and
going through the process oflooking for a job. It's kind of
like what we talked about thedefinition of insanity, right,
you keep doing the same thingover and over again and
expecting different results. Butthat's just the definition of
(20:11):
insanity. You know what you'resigning up for with a job,
right? You've already known thetime that you've given prior to
that, and everything from atrade off standpoint that you've
given up, but yet, you're stillgoing and applying for that next
job. It's just like doing thatsame thing over and over again.
And so the first part of chapterone is really just talking about
some of these harsh realitiesthat we spoke about with you
(20:34):
today, the batter first, andduring the battery investors,
investor syndrome, the tradeoffs that you're making, you
know, is job security a thingand it might sound just really
kind of doom and gloom. And it'sunfortunate, but that is the
reality of it. But part two ofchapter one, or the second part
of that is really starting totalk about exploring the
(20:55):
possibilities, options and, anddreams and looking at that. And
so we talk about the realities,but we start to get into just
knowing and exploring thosepossibilities opens up this
whole new mindset for you. Andyou realize that the job market
is is not the only path that youhave to take. So do you want to
just talk about and we're goingto be talking about this in our
(21:16):
next podcast session. Sodefinitely tune in for our next
session, because we will starttalking about just how to
explore those possibilities. Butdo you want to talk to us a
little bit more about that?
Absolutely. Something that'snear and dear to my heart, we
(21:38):
have found that 75% of the adultpopulation has a strong, very
strong desire to want to be selfsufficient, and only about 5%
are ready, willing and able todo something about that desire,
the other 70% would too, if theyhad the proper education, if
they had the opportunity tobecome aware about what their
possibilities are. And that'sexactly what that next segment
(22:00):
is going to be about. Right?
It's giving yourself permissionto learn. It's not about making
any decisions. It's justunderstanding what your options
are, you owe it to yourself andyour family to at the very least
learn what it will take to moveaway from a time and effort
economy where you're workinglike crazy feeling the batter
career or better investorsyndrome, to a results economy,
where you are actually able todream like a kid and where
(22:23):
failure is not an option. And Iknow it's almost going to sound
too good to be true. But that isthe space where we want people
to get and it's no coincidencethat you've been here five years
that you've been here 10 years,and my short term spin years.
It's when you live in a world ofabundance, you can see the
possibilities. But you startedoff with something earlier on
(22:43):
when you said it's aboutmindset. And really everything
we're talking about is right, ismindset because there's either a
scarcity mindset, or maybe youhave limiting beliefs, you don't
know what you don't know, andhelping you see things from a
different perspective. Becausethis career revolution we're
talking about is not a badthing. What if it revolutionizes
life and gives you a life that'seven better than the one that
(23:07):
you've just left behind? Sodefinitely tune in for that. Oh,
myteaser though, hopefully people
are excited. Well, thank you somuch for allowing us.
I'm like I'm like jazzed up. I'mlike, okay, like, where do I
start? I want to talk to youabout this next year. But thank
(23:31):
you guys so much for joining ustoday. Thank you to everyone
listening for joining us as weexplore possibilities, options
and dreams and keep an open mindand just remember what's
possible.
Hello pod peeps Welcome back to the
possibilities options and dreamspodcast with the entrepreneur
soars where we empowerindividuals to identify, pursue
and achieve their dreams andself sufficiency. It's Mary and
Mel here to kick off today'spodcast and started the day off.
Right. We've got our coffees,we've got our drinks, I have my
morning block, my cortisol isdown, Melissa, how are you
(00:25):
doing?
We are feeling good, I got myworkout in, so don't worry. But
to get us kind of in the zoneand ready for all the things
we're talking about today, Marywanted to kind of get into
what's your mindset moment fromthis week? So far? It's like a
positive focus or an aha momentor something like that.
Okay, well, I actually am reallyexcited about mine. So I
(00:47):
recently celebrated my five yearanniversary with CES, which is a
big deal on its own, justbecause it's literally the
biggest commitment I've evermade.
We're happy about that. LastFive Years,
yeah, it's a it's been a win winon both sides. So, but just
thinking, if you think aboutpossibilities, and if you'd
(01:10):
asked me five years ago, we'retold me five years ago that I
was gonna be here today, I maybewould have run away like because
of, I just had no idea. But if Ialso look at where it was five
years, and the opportunities andpossibilities that have
presented themselves throughoutthe last, you know, half a
decade, it's incredible what canhappen and what you can
(01:32):
experience when you're open toit. So it's just really exciting
to kind of reflect and look backon and I feel really lucky. So
that was mine.
My duty, Vice pretty broad, butit's basically mindset impacts
everything. So they can put aconversation earlier this week.
And really like regardless of ifit's a career or a job, personal
(01:54):
fitness, wellness, whatever. Mymindset impacts how I approach
it and my perspective, andreally impacts what's possible
for me with everything. So, forexample, like if I'm looking at,
oh, my gosh, I have so much todo, there's all these tasks to
do that work. Instead of makingthat like a negative, it's like,
(02:14):
what's my mindset around that?
What can I what am I doing? Whatam I impacting by doing these
different things, and that inand of itself kind of opens up
me and myself to what's what'spossible, essentially. So
anyway, it's just very general.
But it's a good little saying tokind of, kind of live by how
(02:36):
you approach the situation makesa big deal, just kind of laying
the groundwork. But today, we'rereally I'm really excited to
introduce two of our fabulousladies of T S we have tomorrow
Loring, who heads up our brandideology. And you've been with
ces or what, 19 years now T19 years. Funny story about
that, when you said five yearshas been the biggest commitment.
(02:57):
When I started here, I actuallytold Terry, this is going to
just be a short term thing untilI figure out what I'm going to
do when I grow up. And yes, 19years later, I'm still loving
it. And so honored that I'm incharge of ideology at this point
in time, because like you weretalking about mindset, it's
about it's everything. And beingpart of the possibilities
(03:17):
mindset and seeing so manyopportunities where so many
people see none. I mean, it'sjust so empowering. So
just to hear you say that I'm wesay your you embody TSM to live.
It's clear to see, yeah, but itwas what you wanted to do when
you grew up. And then we alsohave Marisa Freuds, who's our
(03:39):
integrator. The first the mostrecent hat of many, and thank
you started 10 yearsago. I did. Yeah. And another
funny story that Terry alwayslikes to joke about. But I just
think it talks about the journeyand the possibilities that are
available. He always says likewhen we first hired you and
brought you in, you didn't know,franchise from a french fry. And
I always laugh because it'slike, I think I didn't know
(04:01):
that. But it's just the thepossibilities and the learning
and the journey that you gothrough. But yeah, where we
started 10 years ago, where weare today. It's just the
possibilities are endless. SoI'm excited to be here.
That's incredible. Yeah. Andyou've also had a huge impact on
the organization and with ourcoaches and, and things like
that. So we're awesome to pickyour brain a little bit your
(04:24):
brands together today. Yeah,what are your thoughts on all of
that?
Oh, my gosh, I am so excited tobe talking about this because it
truly is just a few of myfavorite themes and topics from
our books. So for those that arefollowing along, just like Mary
said, We're gonna really behighlighting a few of the themes
early on in chapter one. And forthose that are wondering, What
(04:45):
book are you talking about? Sothis is a book that we've
authored, and it's What Got YouHere Won't Get You There, your
career 2.0 A Survival Guide forthe better career and investor
syndrome and it's so great thatwe're kicking off with chapter
one because So those are twothemes that we're going to be
talking about. So tea, I'mexcited to just ask you some
questions and start to explainsome of these themes a little
(05:08):
bit further. One of the firstthings we talk about in chapter
one is the career revolution. Sowhat is and can you just provide
some explanation about what isthe current revolution that has
taken place over these last 25years? Yeah,
no, absolutely. I mean, I thinkas we're all painfully aware,
especially if we've lived herethrough the last few years that
(05:29):
you know, the job market hasdramatically changed. And it
keeps on changing at warpspeeds, mind gear, right. So I
wish I could say it's somethingthat evolves very slowly, and
you can think about it and adaptto it. But it really isn't the
reality. It changes so fast,that it's basically a revolution
(05:49):
of sorts, right. So that's whatwe mean by that.
And I think a few of the themesthat we're going to talk about
today are things thatindividuals could relate to so
much. And so one of the thingswe talk about is job security.
And really, the big question is,is there such a thing as job
security in today's environment?
(06:10):
Well, I mean, it seems like youknow, every time there's a shift
in the economy, so manyemployees experience, I mean,
either layoffs or furloughs,look at what happened again,
just here in the last 12 months,companies needed to downsize,
they needed to temporarily shutdown, they weren't sure whether
they're going to open up theirdoors again. So you know, if you
think about just the things thatwe've witnessed here over the
(06:32):
last 24 months, maybe 12 months,I mean, you told me does it feel
like there's job security outthere, you know, ya
know, and it reminds me a lot ofjust stories that we hear
relating with our own franchise,business owners and career
ownership coaches out there, andeven the clients that they work
with. And it's a reallyunfortunate theme that I think
(06:55):
we get to hear just by being inthe business that we are, but
oftentimes, you know, people aresaying things to us, like, I've
given my life to a job, right,I've missed children's games,
I've traveled all the time, Idon't get to do the things that
I enjoy. And I just feel like Igrind all day long. And at the
end of the day, I was eitherlaid off or shown the door, and
(07:16):
I realized I gave all that timeand energy for what so it just
goes to show you that jobsecurity that you think you're
striving for every day. It'sjust it's not a thing at the end
of the day, and a job as a job.
And if someone feels that thetime to lay you off is now it
doesn't really matter all ofthat time and effort and time
away from family that you gave,you know, to that job. So,
(07:39):
really, and I think that thatstarts to shape up some of the
realities of the careerrevolution. So can you talk
about some of the realities ofthe career revolution,
just reflecting back, you know,to when I was a child going to
school, I remember teacherstelling us, you know, you need
to work hard, you need to studyhard, because you know, you want
to be able to go and get thatamazing job, right? And how many
(08:02):
of our parents may have evensaid similar things. And so you
so you grow up thinking it's ajob that you want, but to what
end, you were saying that, youknow, it's like sometimes you
dedicate your life to a job. Andat a whim, the economy could
change, you may have an amazingemployer, but they don't have
any control over whether theycan even afford to give you a
(08:22):
job or whether they can evenstay in business. I mean,
imagine that, that kind ofpressure. So, you know, I feel
like we're following a dream.
That's actually a myth. Becauseis it the job that we're after?
Or is it something greater thanthat? So if we think that it's
security, while certainly we'vealready spoken about the fact
that a job may or may not beable to offer you security,
(08:44):
certainly not something thatlike what our parents were
accustomed to where maybe youput in 1020 30 years with a job
and can actually retire with apension. I mean, pension plans
are something of the past,absolute, and even the other
realities that we've been hitwith, you guys are maybe a
little bit young to remember.
(09:05):
But when we went through theGreat Recession 2007 2008, I'm
still speaking to some of ourclients that are still
recovering from that, where theyreactive investments, yeah,
their 401 K's, their pensions,their retirement, their money
for retirement, turned into whatthey jokingly said, into 201
(09:26):
K's. So imagine the last 10years that were trying to just
rebuild to get to where theywere. And now, you know, we
faced the pandemic and manypeople are feeling like they're
starting over and over again. Soyou know, those are some of the
realities of the careerrevolution that we're facing
that it feels like you'reworking, working working, but
(09:47):
are you actually stuck in thishamster wheel? Are you actually
getting ahead? And you know, oneof the other trade offs you were
talking about too is maybeyou're investing time and yours
doing it and you're not seeingyour family grew up or you know,
you're not able to invest thequality time you want there. So
where's the balance in that? Oreven worse yet, you know, maybe
(10:08):
you're investing all this timeworking on somebody else's dream
apps versus your own dream?
Yeah, absolutely. So talkingabout some of those harsh really
realities of the car revolution,does it affect a certain segment
of the population more thananother? Oh,
one would think Yeah, right. Butno, absolutely not. I mean, once
(10:28):
again, you know, when we speakto so many of the great people,
we get to interact with, youknow, whether we're speaking to
people who are in their 50s, ormaybe heading in the 60s, I
mean, they're still young andvital. They're wondering what
they're going to be doing forthe next 20 3040 years, so to
speak. But they're saying that,you know, that they almost have
to dumb down their resumes,because their experience, their
(10:51):
expertise is actually aliability. It's not a benefit.
So even though ageism, ordiscrimination is illegal,
definitely facing it. Right. Soyeah, you know, so that's what
maybe the older population isexperiencing. But I mean, you
guys told me, You're the youngerones, too. I mean, do any of
(11:12):
your cohorts think that they'regoing to stay with a company for
1020 30 years? And even if theyget a job? How long? Are they
able to keep it? I mean, so manyyoung people? Yeah, you're very
here. Yeah,friends, you know, even my age,
when I tell them, I celebrated10 years at TDS. They're
shocked. Like, they're like,I've already had four jobs in
(11:33):
that timeframe. So to yourpoint, like, even for my age,
and I'll let you guys comment onthat, too. It's shocking, even
for my own friends to hear thatI've been somewhere for 10
years, you know, so it's, likeyou said, I think we all kind of
face it. But what do you guysthink of
that you've been here for 10years, and you enjoy it. And
that's kind of how it goes. ButI do think that I definitely
(11:57):
feel privileged. And I don'tthink I don't take it for
granted, that might myexperience at TDS. Because same
to your to your point, ourfriend group, my friends, their
experience, they've literallyexperienced everything that
you've talked about whetherbeing laid off being you know,
out of their control, being in atoxic work environment, working
for a manager that doesn't havethat mentorship, mentality or
(12:20):
possibilities mindset and canfeel threatened by someone who's
like enthusiastic and eager togrow and to learn. And you know,
even just experience incorporate politics, all of these
different things that you talkabout the corporate America, or
just kind of some of the workenvironment characteristics that
maybe people even take forgranted. I think in some ways,
we might live in a bit of a TTSbubble, or it's, you know, we've
(12:42):
worked hard to create anenvironment that's not that way,
pretty much every single one ofmy friends outside of TTS has
experienced something verydifferent. So I don't know about
Melissa, if you wanted to addanything, I was gonna
say a better career syndromedoes not discriminate on age at
all. Because yeah, I havefriends who have had multiple
jobs or, and I think to what youwere saying to about when you're
(13:05):
going to school and kind of thejob is held up on this pedestal
as like, this is the be all endall. This is what you're
striving for you get that job,you get the you know, you're
going for the six figures, likewhatever it is, but we don't
talk about you know, what,actually is it that you want,
like the lifestyle? Right, andthe trade off that's gonna come
(13:26):
with that. Don't talk about thatat all, until you're actually in
it. And you're like, oh, mygosh, when is this? What I
wanted?
Yeah. And then you keep onhunting for that job. Like you
guys are talking about some ofyour friends. Right? So you just
lost a job. Okay, now, what ismy goal? I need to get that next
job. To what end? In the book,it makes me think you know, what
job stands for? Did you guys seethat acronym? just over broke?
(13:47):
just over broke? I mean, I don'tknow about you. But that doesn't
make me feel inspired. That job?
Yeah, job and then never mindthe career right. Like, because
like, when you retire. I wasthinking like, what was I going
to be whether it was anastronaut or president or you
know, I'm going to change theworld. And now, you know, just
hunting from one job to thenext. Are you actually even able
(14:08):
to build that career? So? Yeah,I think that's a perfect segue
into what better careersand that's right in the title
right of the book, or a littletagline, a survival guide for
the better current investorsyndrome. And I remember when I
first started and I you know, wewent over the book and I read it
and I looked at that thebattered career and investor
(14:29):
syndrome it just sounded so likeharsh. I'm like, What is this
and are people actuallyexperiencing this and I know we
spoke about some of our clientsbefore but as I got the
opportunity to work withclients, you know, in our own
coaches and to hear them telltheir stories, I realized how
important talking about the thebatter current investor syndrome
(14:51):
was because there was a commontheme and they were all
experiencing exactly that. SoI'm sure for some lists. nerves.
We've mentioned this a coupletimes, you are probably at the
point wondering what the heck isthat? So can you talk more about
what is the battered careersyndrome?
Absolutely. And it's certainlynot something we take lightly.
(15:11):
Right? I mean, if you thinkabout battered spouses and
things like that, I mean, it's avery, very vicious cycle. As a
matter of fact, I remember, inthe early days, when Terry, a
founder spoke about, you know,there was similarities to what,
you know, people who areexperiencing, maybe domestic
violence go through similar towhat's up, you know, people in
(15:34):
careers are going through whenthey work for corporate America,
and they experienced theselayoffs. And they feel like
their identities have beenstripped from them. And yet, we
didn't want to use that term,because we were concerned that
people were going to think wedon't get how serious it is. But
it's actually our clients whosaid, Oh, my God, that is
exactly what has been happening.
It actually gives me goosebumps,right? Because they felt like,
(15:55):
they had no purpose. They feltlike they couldn't provide for
their families, they felt likethey really didn't have an
identity. And to think that youwork your entire life, you go to
school, you actually occurstudent that in order to then
feel like this and feel like youdon't have any options. I mean,
(16:16):
so the batter career syndrome isabsolutely real. But then you
think about like, okay, so ifyou realize that you're in a
toxic situation, why don't youdo anything about it? And I
mean, I'm certainly not apsychologist or anything like
that. But it seems like when youdon't know that you have
(16:36):
options, and you don't know whatthey are, you would rather deal
with the devil, you know, thanthe devil that you don't, right?
Because for many people, it'slike, I still need to pay my
mortgage, I still have theseobligations, I need to put food
on the table. So yeah, I hate myjob. Yes, it's toxic. But what
other options do I have? And sowhat you end up finding is
(16:58):
people just repeat the patternover and over and over again. I
mean, it's, you know, in someway, no different than maybe a
New Year's resolution orsomething like that, right? Like
this is going to be the yearthat I'm going to change
something. But unless somethingdrastically changes to change
your behavior and your habits,another year will pass and
you're still there. And youknow, so that's what better
(17:18):
career syndrome is about. And Iguess veteran investor syndrome
is something similar, right?
Because depending on yourinvestment strategy, you know,
so many people, like I wastalking about the Great
Recession, were beingfinancially responsible. They
invested, they put away fortheir retirement funds and
everything. And because it was areactive investment. It's
(17:43):
basically like gambling, oh, mygosh, I hope the stock market
does well. And then they look atwhat happens and overnight, like
magic, their equity or theirretirement fund, bam, just
plummeted. So you know, justseeing that cycle where you are
reactive, and you're just hopingand praying for the best. That's
(18:03):
what causes, you know, bettercareer and battered investors
syndrome, because you're reallynot in a proactive position.
You're in a reactive position,just kind of hoping and praying
for the best. Yeah,no, thank you such a good way to
describe both of those. So Iknow we've we've been talking
about some of the trade offsthroughout our conversation. But
another byproduct of the carrevolution is just the number of
(18:23):
trade offs employees are havingto make just to keep their jobs.
So any others that you wanted totalk about that maybe we haven't
mentioned throughout ourconversation so far?
Yeah, no, the two big ones are Ithink time, right, whether it's
time commuting time away fromyour family. And you would think
(18:44):
like now in this last year,things have changed, right?
Because suddenly, people don'tneed to commute as much. But
what I've actually heard is thatthe work life balance is so off
that people even working fromhome are so concerned that
they're going to lose their job,that they're actually struggling
with work life balance. Soinstead of now in less than 12
hours, 13 hours, they'reactually investing 16 hours they
(19:06):
glued to the computer. And thenthe stress when you don't have
that balance, and you have otherfamily members around, right,
you're probably not bringing thebest version of yourself because
you're there but you're not 100%Present. So certainly time is
one of those big trade offs,right? And the longer you work
on somebody else's stream, theless time you'll actually have
(19:28):
to work on yours, which is thebig The second big biggest trade
off, right? Getting clarityabout you know, you do something
for yourself and you'reproactive about that. Are you
going to be doing something forsomebody else? And that's okay,
but just being aware aboutsomething that I was thinking
of, I don't know if it's theright place to use this. But
when you were talking about justthe battered career syndrome,
(19:50):
the battered investor syndromeand even job security right and
what we were talking about, weknow, colleagues and friends
have RS that are, you know,constantly being laid off and
going through the process oflooking for a job. It's kind of
like what we talked about thedefinition of insanity, right,
you keep doing the same thingover and over again and
expecting different results. Butthat's just the definition of
(20:11):
insanity. You know what you'resigning up for with a job,
right? You've already known thetime that you've given prior to
that, and everything from atrade off standpoint that you've
given up, but yet, you're stillgoing and applying for that next
job. It's just like doing thatsame thing over and over again.
And so the first part of chapterone is really just talking about
some of these harsh realitiesthat we spoke about with you
(20:34):
today, the batter first, andduring the battery investors,
investor syndrome, the tradeoffs that you're making, you
know, is job security a thingand it might sound just really
kind of doom and gloom. And it'sunfortunate, but that is the
reality of it. But part two ofchapter one, or the second part
of that is really starting totalk about exploring the
(20:55):
possibilities, options and, anddreams and looking at that. And
so we talk about the realities,but we start to get into just
knowing and exploring thosepossibilities opens up this
whole new mindset for you. Andyou realize that the job market
is is not the only path that youhave to take. So do you want to
just talk about and we're goingto be talking about this in our
(21:16):
next podcast session. Sodefinitely tune in for our next
session, because we will starttalking about just how to
explore those possibilities. Butdo you want to talk to us a
little bit more about that?
Absolutely. Something that'snear and dear to my heart, we
(21:38):
have found that 75% of the adultpopulation has a strong, very
strong desire to want to be selfsufficient, and only about 5%
are ready, willing and able todo something about that desire,
the other 70% would too, if theyhad the proper education, if
they had the opportunity tobecome aware about what their
possibilities are. And that'sexactly what that next segment
(22:00):
is going to be about. Right?
It's giving yourself permissionto learn. It's not about making
any decisions. It's justunderstanding what your options
are, you owe it to yourself andyour family to at the very least
learn what it will take to moveaway from a time and effort
economy where you're workinglike crazy feeling the batter
career or better investorsyndrome, to a results economy,
where you are actually able todream like a kid and where
(22:23):
failure is not an option. And Iknow it's almost going to sound
too good to be true. But that isthe space where we want people
to get and it's no coincidencethat you've been here five years
that you've been here 10 years,and my short term spin years.
It's when you live in a world ofabundance, you can see the
possibilities. But you startedoff with something earlier on
(22:43):
when you said it's aboutmindset. And really everything
we're talking about is right, ismindset because there's either a
scarcity mindset, or maybe youhave limiting beliefs, you don't
know what you don't know, andhelping you see things from a
different perspective. Becausethis career revolution we're
talking about is not a badthing. What if it revolutionizes
life and gives you a life that'seven better than the one that
(23:07):
you've just left behind? Sodefinitely tune in for that. Oh,
myteaser though, hopefully people
are excited. Well, thank you somuch for allowing us.
I'm like I'm like jazzed up. I'mlike, okay, like, where do I
start? I want to talk to youabout this next year. But thank
(23:31):
you guys so much for joining ustoday. Thank you to everyone
listening for joining us as weexplore possibilities, options
and dreams and keep an open mindand just remember what's
possible.
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