Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
Well, if I want to reach that revenue goal, I'm going to have
to work a lot more, which means the lifestyle and like pace, you
know, that I have with my familyand my kids is going to like
take a hit. And so that's just kind of like
interesting observation. That's actually what came up
(00:20):
instead of like, oh, I can nevermake that money.
You're like scarcely around money.
It was more about time. Welcome back to another episode
of the RV Queens Podcast where we delve into the lives of women
making money and living life on the road.
I'm your host Kate White, and today's episode is going to
challenge the way you think about money, especially when it
(00:41):
comes to your business. We recently hosted a live
workshop inside the RV Queens community with business coach
and strategist Dora Rankin, who walked us through her powerful
raft method for money mindset coaching.
You guys this conversation got. Real, real up.
In the air. We dug deep.
Into how our thoughts and beliefs around money impact the
(01:05):
way we show up in our businesses, how we price our
offers, and even how we view ourworth.
In this replay of the workshop, you'll hear the powerful
exercise that Dora walked us through, and you'll even be able
to hear how she called me. Out.
That's right. And the best way possible, of
course. So yeah, this one hit home big
(01:25):
time. This episode and the exercise we
walked through is for you. If you're stressed about cash
flow on your business, if you'resecond guessing your prices or
feeling like you have to trade more time for more money, get
ready to take notes because thisworkshop will shift how you
think about money and your ability to create wealth real
(01:46):
quick. Before we jump in, I have a
quick question for you. Are you already living the RV
life but craving deeper connections with women who get
you? The RV Queen Circles is our
private online community where we have weekly chats, share
resources, and support each other and balancing travel,
family, and entrepreneurship. It's the place to find your
(02:07):
people on the road. And because you're a podcast
listener, you can use code PODCAST for 20% off your
membership for life. Just head to
rvqueenspodcast.com/community tolearn more and join us today.
All right, friends, grab a notebook and your coffee and
let's roll into this workshop replay with the incredible Dora
(02:28):
Rankin. Hello.
Hello friends, welcome welcome. Feel free to unmute yourself if
you want to say hi, tell us where you are.
I'll I'll start this off in the chat.
Drop your Instagram handle too. And where in the world?
(02:49):
You. Are, you know, we're all
travelers in here, so we're all over the place.
Dora, are you? Coming to us from Ohio.
Yes, Ohio, Cleveland, OH. Are you having typical Midwest
spring where it's like one day of 70° and the next day is like
20°? Yes, my husband's very excited.
He's outside right now, like putting out, putting out things,
(03:11):
thinking that it's already spring so we can sit outside,
but then it's going to probably on Saturday, so.
Oh my gosh, that's so funny. So my parents live in northeast
Missouri and every other day my like today my mom sent me a
Marco Polo and she said, oh, it's. 70° I went on a A.
Long walk, same thing. She's like, but tomorrow it's
(03:32):
going to be freezing again. I'm like down here in Florida,
mom. Every day.
It's beautiful. Oh, someone's in Bunnies,
Florida. But it's nice and warm there.
Oh, is that Maryland? I love that area, so nice.
We're going to go old school tonight and grab paper and pen.
(03:53):
So paper and pen if possible. By the way, I am wearing green
because it's Saint Patrick's Dayalmost pretty much.
Let's just say it's the weekend and I have a gold sequin jacket
from New Year's that I have onlyworn once and then I thought
(04:13):
this would be the perfect time to talk about money and the pot
of gold. We are going nerd tonight, so
thank you to anyone else who also wore green.
Kendra's clapping. Yes, Kendra's literally parked
right next to me. Kendra, you can borrow this
jacket if you want. You want a date night out with
(04:33):
your husband? Kelly's here.
You can support this. Cool.
All right, you guys, we have a lot to cover tonight.
I'm super excited again, if anyone just came in, please drop
your Instagram handle and where you are in the world in the
chat. You guys can feel free to be
chatting with each other throughout the event.
(04:57):
Dora may or may not be able to check it as she's presenting.
If you are not familiar with Dora Rankin, please let me
introduce you fabulous human. She is a business coach and
strategist for women entrepreneurs.
She has like, I think it's like a 20 plus year career in finance
(05:19):
and then she worked at like a tech startup and helped that
like grow and expand across the country.
Now she is coaching. I've had her on the podcast,
Weiss, I believe at this point, and she also one of those
episodes was like another workshop with the RV Queens too.
So she is not a full time RV uh,but she is an RV uh, and she
(05:40):
loves camp. So she is, she is a friend of
the RV Queens and also her book,it's called the Heart Cell.
I have it. I have taken notes all over my
copy. I recommend it to every female
entrepreneur that I know. So highly recommend everything
that Dora has written and produces.
(06:02):
She I'm just a huge fan. So tonight she's going to take
us through a money mindset workshop and one housekeeping
note. I am recording this, so if
that's a concern for anyone, turn your video off or whatever
you need to do. And without further ado, Dora
(06:22):
Rankin I hand. It over to you.
Hi everyone. Hello.
Well, good news is I don't have to do an introduction because
Kate just like it's such a greatoff the cuff bio.
So good. Kate and I met through a good
friend that's from Nebraska. Where where's she?
Yeah, Omaha. Omaha now and over the last
(06:47):
year. So Kate's brought me in on a
couple of different things. So I'm really, I'm glad to be
here. Thanks for having me.
I am not in my RV at the moment but I saw this cute little Ted
background. So I was like all about having
the the Ted the Ted background. I saw someone say that they're
in Mission, TX. I think it was Sue and my
(07:09):
grandparents. They're the ones who taught me
how to camp and they had they retired in Mission, TX and had a
camper for like 2025 years in inMission, TX.
And real quick, this is your cute story.
When my husband and I started camping, my grandfather was
still alive and he said I wasn'tallowed to get like a trailer or
(07:30):
a pool until we had the pop up. He said you have to start with a
pop up. You can't have anything else.
So we had a pop up for one trip.We took it to Atlanta for one
trip for two weeks. And then we came back and we're
like, OK, we're, we're professional now.
We can go get, we can go get our, our trailer.
So, OK, so we're going to dig into money mindset and we're
(07:53):
going to talk. I, I want to share that
typically I, I do a long group workshop, but because we have 20
minutes to do this workshop, the, the, the, the piece that I
like, just to give you the wholething, it's a, it's a two-part
workshop normally. So the second part of the
(08:15):
workshop, which you aren't get to tonight, is the strategy of
how to implement these beliefs into your everyday life.
So that workshop looks like a, what does it cost to live your
dream life monthly like? So what's that monthly cost of
(08:38):
what your dream life would look like?
And then what is your current cost of what your what your life
looks like? And when I go through that, it's
called like a money in review. Dare to dream exercise, but not
a pie in the sky dream. It's an actual real exercise.
And what's interesting is that you're surprised when you go
(08:59):
through it. What you think is is like, Oh my
gosh, I could never afford to have this dream life.
And you're actually surprised that the the cost this is not as
high as you thought it would be.So that's the second piece of
the workshop, which I'm not getting into tonight.
We're just going to do the belief and why the belief is all
(09:20):
of you know, why the belief is so important.
But let me just, you know, beat the horse for a second and tell
you that strategy, the road map,the action, the life it lays, it
will lay flat. It will do nothing if we don't
have belief behind it. So, so whenever I, I, I go in
(09:40):
and build a road map with someone like, here are all the
steps to get to this goal, right?
We can't get to that goal if we don't believe.
If we don't believe, it's just going to lay flat.
So we've got to figure out how to believe in the thing.
And a lot of times there's blocks and blind spots and all
of those B words that your coachworks on you with because you
(10:04):
can't, you can't see them, right?
Because you have all these old beliefs that are causing you to
do the thing. Do it.
So this workshop we're going to go through, we're going to go
through an actual thought model.It's one of my favorite things
to do. And you can actually use it with
everything and anything. But tonight we're going to go
through a thought model that's specific to how you think about
(10:28):
money. So we're going to do that.
Everybody ready? Yay.
OK. And as we go along, I think
we're going to, we're going to break out into a group after.
So as we're going along, when things come up like, oh, I, I,
you know, I have questions around this, then just write it
down so it can be part of discussion later on.
(10:53):
OK, so I mentioned to have pen and paper and what I'd like you
to write on said pen and paper or Google doc, or if you're like
me, you have a whiteboard everywhere.
I love my whiteboard. You're going to write down these
letters and you're going to write them down vertically, OK,
And then leave a little bit of room underneath.
(11:15):
OK, so we're going to write downthe letter C vertically, and
then the next letter is T as in Tom.
The next letter is F as in Frank, the next letter is A and
then the last letter is R So youshould have something that looks
(11:38):
a little bit like this. I keep going back because I
don't know. I don't know what you can see
and can't see because I've got so CTF as in Frank AR.
OK, so now I'm going to explain what to do next.
I'd like you to write down what what you want the balance in
(12:05):
your checking account to be. What do you want the balance in
your checking account to be? Just throw a number on the piece
of paper. Do you want the balance in your
checking account to be this is your business checking account.
By the way, I want $50,000 in mybusiness checking account.
(12:28):
I want $400,000 in my business checking account.
It's not really about the number.
I'm just having you put a numberdown.
So that's your want. Doesn't have to be real at the
moment, but that's your want. So under the C line, that first,
that first letter, the C, what Iwant you to write down is the
(12:49):
current situation with money as it is right now.
What's really important is that I don't want you to write down
anything that isn't fact. So you can only write down, this
is my current situation with money.
So my current situation with money is I'm going to give you
(13:13):
some examples. My current situation with money
is I rely on someone else to paythe bills.
I don't know how much is in my checking account.
Just an example. I have $10,000 in my business
checking account. I want there to be 30,000.
(13:33):
I have always had enough money to take care of myself, but not
enough to do the things I reallywant to do.
Your current situation, the way it is right now as it pertains
to money, and this should be, again, just a fact, it doesn't
(13:55):
have an opinion next to it that's important.
So it's just a fact. Anyone have any questions about
that? I have a question, are you, are
you talking specifically about like on the business side of our
life? Yeah, we're doing money mindset
around your business. So I'd like to like it to play
into your business versus retirement.
(14:17):
And yeah, let's just stick to business.
We can do it around anything, but let's stick to business
because the, the, the money mindset, this model we're going
to it'll play out. So keep it to business.
So we have our circumstance written down.
We have this is what I want in my checking account.
And then now we have, this is mycurrent situation as it as it
(14:41):
pertains to money inside my business.
So when you look at that circumstance for what it is
right now, what are the thoughtsthat come up?
So that's your T line. So the T stands for thoughts.
I want you to write down the thoughts that come up based off
of your current circumstance, your current situation.
(15:05):
When it comes to thoughts, we think all day, I think, I think,
I think maybe should I do this? I wonder, I think, I think.
But when we get to this question, we all of a sudden
don't have any thoughts and we go straight to feelings.
While I feel anxious about writing down that that
circumstance. We don't want to feel yet.
(15:26):
We want to think about what is what are, what are the thoughts
there? So the thoughts could be, well,
I don't know how it got like this or I'm not really sure what
to do or just the thought of knowing how to make how to
change it. I confuses me.
(15:51):
There could be good thoughts. There could be a thought.
I, you know, I am really making good progress here.
I'm never going to hit that, that goal.
I don't even know, Like it's, it's for other people.
It's not for me. And the thought line is one of
the hardest lines to be really honest with yourself because
this is current. This isn't what you want your
thoughts to be. This is what your current
(16:14):
thoughts are. OK, next line is feeling.
Now you can write down all your feelings.
We got to get the thoughts out first because that's what that's
what immediately happens. And what happens when we start
thinking? Then we start feeling.
So the feel doesn't come before the thought.
The thought always comes before the feel.
(16:34):
But it's the hardest thing for us to figure out.
So based off your current situation that you wrote down
and the thoughts that came up, how do you feel?
I feel worried, I feel content. And if fear is one of them,
what? What's under the fear?
Why are you afraid? With a feeling of fear or worry,
(16:57):
anxiety comes up. I want you to look at that
feeling and name tangible evidence in your past of what's
causing you to feel that way about money.
So this is where we go back and say when I was 10, my mom didn't
let me get the lollipop because we didn't have any money.
(17:20):
And now, 30 years later, when I think about my situation with
money, I'm worried that maybe I'll spend too much and I'll run
out of it. So that feeling is really
important because that's what money mindset is all about.
Your belief systems stem from some type of feeling of tangible
(17:43):
evidence that you've witnessed along the road that's coming up
every time you look at this money situation.
So you're probably. Planning out your travels for
the rest of the year and if you're heading out West, I hope
that Bryce Canyon is on your must see list.
It's one of our family's favorite national parks.
(18:04):
I recommend staying at Bryce Canyon RV Resort, which is a
short drive from the park entrance, has incredible views,
full hookups, and all the familyfriendly amenities you're
looking for. Bryce Canyon RV Resort is an Our
Journey campground so you know it's going to be clean and safe.
Click the link in the show notesto book now and start your
(18:24):
journey with Our Journey. When I was 10 years, 10 years
old, my mom was a single mom. She took care of me and my
sister. She was a nurse.
She lived paycheck to paycheck. That's what I saw every day.
So when I grew up, I knew I needed to be self-sufficient,
work really hard, but I was terrified that like somehow I
(18:46):
would be homeless if I didn't hold on to money.
Those are my feelings. So based off of your feelings
that you're you're that I'm making you bring up to surface
right now, not what you want to do, but right now based off of
the thought that comes up and those feelings that are coming
up, what action do you normally take based off of the situation
(19:11):
that you're looking at? So I have this money.
This is my current situation with money.
When it comes to my business, I think and feel this way.
What is my typical action? Not what I want my action to be,
My day-to-day action is your action to I'm going to figure
out a way to build my business and I'm going to figure out what
(19:34):
that strategy is or is your action.
I don't want to see it. Let's have somebody else do it.
Is it avoidance? Is it, what is your action?
What do you typically do? Look at your checking account
15,000 times a day to see if maybe it's going to change.
They don't have to be negative, it could be really positive.
You could be in a really good place.
(19:55):
But be honest with yourself as to what your actions currently
are. It could be overachieving, over
producing, overdoing. Lot of times it's either
overdoing over action or in action.
And if you don't know, I don't know is in action.
We now know our thoughts, our feelings, and this is the action
(20:16):
that we do. Finally, based off of all that,
what result do you typically get?
So now I want you to flip your page and then, then, and
vertically the same way I want you to write down these letters.
The 1st letter is R. The 2nd letter is A.
The 3rd letter is F and the lastletter is T that spells raft and
(20:43):
spelling bee spell raft, Dora raft, RAFT.
So we're going to raft it out. So raft it out means that we're
going. We are now, we have benchmarked
our old belief system. We have looked at what our
current belief system is, our old belief system.
(21:04):
We need a new belief system whenit comes to money.
Sometimes we need new belief systems when it comes to a lot
of things. I mean my first husband, my
goodness, he was an old belief system.
I got a good one Now I really worked this thought model over
and over and over again. So this new belief system
requires this raft that we have to build and start practicing.
(21:29):
So the R stands for the result. So we're going to write down
what's that that that dollar amount that you want in your
checking account, you're puttingthat there.
I want this result. And if you want to put another
result there too, around your goals for 2025, I want to have
(21:52):
my first $100,000 quarter in 2025.
Whatever result you want, I wantto put whatever in my savings
account. Whatever you have on your
projections for the year, you can put there.
But I wanted to be real. I don't want it to be pie in the
sky. And then #2 that's your action.
(22:14):
So A, we have R and now we have action.
So we're, we're reverse engineering this.
So what I want you to do is be really honest with yourself
about when you look at the actions on the other page and
then the results on the other page, what are the actions that
you really need to implement to get to this result?
(22:35):
And if you don't know what the actions are, that's why you hire
me. But I'm sure you know, some of
the actions like consistent action, eating the frog,
pitching my, pitching my product, right, finding my
audience, doing the thing I don't want to do, like put your
actions down, celebrating something every single week,
(22:59):
looking at my milestones every week.
So the last two, I'm sure you have a feeling of what they are.
So we have to create new feelings and we have to create
new thoughts. And the only way to do that is
understanding the possibility ofnew evidence.
So what's so important about this is it's not just writing
(23:21):
down, well, I have to feel confident and I have to feel,
you know, I have to, I have to, right?
I have to feel this way and I have to think this way.
That doesn't work. What we actually need to look at
is evidence of possibility. So we have formal evidence of
(23:42):
why we feel the way that we feelright now.
We have that. So we need to create new
evidence of possibility. So in order to create new
evidence of possibility, we wantto see in our action line how
those when we do those actions, it creates new thoughts and new
(24:06):
feelings. So I want you to write down the
feelings and the thoughts that you know you need, but if you
don't have them yet, that makes sense because you haven't
practiced it yet. So what you're doing with the
raft is you're actively looking for new evidence that you can do
(24:28):
this thing. I like to call it surprising
myself. So I did this thing and what I
got out of it was a new thought and a new feeling, which then
surprised me that I hit this dollar amount at the end of the
month. Because if I stay in my old
thoughts and feelings, I'm goingto get my old results.
(24:49):
But if I practice something and I start looking for new
evidence, I'm going to get new thoughts and new feelings.
That's the the wonder and the mystery and the really cool
thing about using this thought model in your daily practice.
So you write down your feelings,you write down your thoughts,
and now you have your raft that you're carrying with you so you
(25:11):
can see, oh, this is actually happening.
Cool, so quick. Let's just like have a quick
circle back, maybe like two or three minutes about the
activity. Did anyone notice like themes,
what that came up for both you and the people in your group?
Yes, that we're all hard workingmoms and we never take enough
(25:34):
time for ourselves in our business.
Just saying, you know, you know,you have all these things in the
back of your mind and and stuff that you're like, I probably
should promote myself more. I should do this or should that,
but until you're forced to writeit down in activity and it's
staring at you in black and white and you're like, well, I
guess this is this is pretty real now since it's not just
(25:54):
tucked away in my mind anymore. So I think doing the activity
was nice for that too. Something that came up for me
that I'm curious if this is similar to other people and.
Others of you. In our lifestyle is that.
I didn't. Feel like I had as many money,
like negative things about thought, negative feelings and
thoughts about money come up as much as I did about time.
(26:18):
Because the thoughts that came up for me were, well, if I want
to reach that revenue goal, I'm going to have to work a lot
more, which means the lifestyle and like pace, you know, that I
have with my family and my kids is going to like take a hit.
And so that's just kind of like interesting observation.
(26:40):
That's actually what came up instead of like, oh, I can never
make that money. You're like scarcely around
money. It was more about time.
Oh, my immediate response is forKate.
You could believe in yourself more.
Somewhere in there. You're, you're, you're you're
trading that time for money. So what, what's your time?
Actually worse, what's that dollar amount?
(27:03):
What's the dollar worth an hour for you?
Is it, is it $60.00 an hour or is it 600?
And I really hope it's 600 for you.
And that means you have to believe in yourself more and.
Everyone else take that too? Yeah, that's not just me.
She's, like, talking collectively.
Ladies. Laura, go ahead.
(27:27):
Where you going to expound? Oh, I was just going to say like
that what you just said there with the belief system, what is
the value of your time? The the whole exercise,
reflecting on the belief systems, the cycles and things
from childhood and everything that you just saying like, hey,
are you $600.00 an hour girl? Oh yeah, you're $600.00 an hour.
(27:49):
You know, like I love that that hit that hit really good door.
I love that. Yeah, yeah, that hit me too
because I was tell I was in a group of jets and and I was
like. Yeah, I have like. 11:50 hours a
week to work right now. That's that's the reality of my
life. And the rest of it is like
domestic mom, homeschool, travel, la, la, la, whatever.
(28:11):
And so, yeah, that's Sting Dora.Yeah.
So your your podcast sponsors are now paying you $5000 instead
of $1000? Yes, he's not like my husband.
That's kind of good stuff. OK, closing thoughts from anyone
(28:37):
before we move on into the prizegiveaway.
Man I feel like this night went fast.
It was so fun. Thank you all for for having me.
Thank you so much. Thank you.
I loved it, man. I feel like I'm great.
This this was like a juicy like bam bam, bam.
We went right there, we got in there, we dealt with some money
(29:00):
and time and value thoughts and sort of lasted a whole other
hour but. I will say just in in final
thoughts that any ladies here who are not Queens, this is kind
of the vibe that we have in Marco Polo, like sharing raw
(29:22):
tears come as you are. So if that's your jam about
business or life or anything, you know, just talk to Kate or I
or someone else that you know about joining because it's worth
it. Raise your hand if it's worth
it. Yes, OK, before raise.
(29:43):
Your virtual hand. Before we give get into the
prize, I do want to put out a couple things like offers that
we have. So Dora has been super generous
and her course is discounted dramatically right now.
Instead of for US $997.00, she has it 47.
(30:10):
Dollars $47 y'all dropping the. Link in the chat so please do
yourself a favor and just get your business Amex out that
you're going to make cash back on and just.
I. The course now?
(30:32):
Honestly, you honestly cannot afford not to.
Well, I just want to say that what's in there is if you if you
get the book, the the course just breaks down the entire book
in curriculum. So all the things that Jessica
Walker was saying, shit, it's onthe paper.
I got to do it now that it's just going to guide you through
(30:53):
how to do that stuff that's within the book.
Also, of course, Dora is available as a coach.
You can find her at dorarankin.com.
She has, you know, all kinds of coaching offerings where you can
pay, you can work with her for six months, for a year, for an
hour, all these kind of things. So please get in her ecosystem,
(31:16):
get on her mailing list. She's amazing.
Buy her book, buy her course. And for those of you that are
not yet RV Queens, I am droppinga discount code 20% off your
membership for like with code money.
(31:36):
Go to rvqueenpodcast.com/community.
Also quick side note, if you know any affiliates, their
discount code is actually 25% off.
So pretty much all the RV Queenson this whole call our
affiliates so you can DM them onInstagram and get even steeper
(31:57):
savings if you want. Well you guys, thank you so much
for being here tonight. This was a lot of juicy
reflection, so good for the soul.
If this was your first time being introduced to Dora Rankin,
please, like I said, go to her website at least.
At the very least, get on her newsletter, buy her course, get
(32:18):
her book. She's awesome.
Thank you, Dora, for being here tonight.
We really appreciate you. Thank you.
Thank you. Thanks so much.
It's good to see everyone. Yep.
All right, everybody, happy day,Captain's Day.
We'll see you on the Thursday. Bye bye.
(32:38):
Thank you so much for tuning in to today's episode and for being
part of the RV Queens community.Remember to hit subscribe on
whatever platform you're listening on.
And guess what? You can have conversations like
I had on this episode with your fellow RV women who are living
intentionally and making money on the road.
Head to rvqueenspodcast.com/community to
(33:02):
join RV Queen circles today. It's a totally unique online
space with a shared prosperity model that's all about community
over competition. I'd love to have you be a part.
All right, guys. I'll see you next week or
hopefully I will. See you on the road.
Raise your hand if it's worth it.