Since we're talking about CEO's and entrepreneurship, check out this video of Chelsea answering questions about running a small business: ruclips.net/video/5yfB-Hpaqd0/видео.html
I think these tips are also valuable for anyone who wants to build a career in a niche field or one that offers certain kinds of flexibility but still wants health insurance through their employer. Like someone who wants to work full time at a fully remote company (me. Lol)
🤣🤣🤣🤣right there with you also to echo Chelsea's Statement either they are getting up at 4am but take drugs during the day to function 😂😂😂😂which more so i think is the case
I'm not a physician and nothing that I say can constitute medical advise in any way, shape or form, but as someone who had life long sleeping problems, yours sounds very much as a bad problem with "sleeping hygiene". We very often fuck up our sleeping patterns with bad habits such as excessive caffeine consumption, sugar addiction, blue light from screens until very late in the night, alcohol, smoking, sleep deprivation, stress, anxiety, depression and most of all the romanticization of the night life, working until late, partying until late, being a night owl and all of that nonsense.
Tia Keyaira, for decades I struggled with the same issues and internalized society’s message that I was somehow defective because I was not a morning person. My life circumstances changed and I discovered two things: (1) I suffer from clinical depression. My body chemistry works against me. Medication (generic prozac) helped immensely w/those “there’s an elephant sitting on me & I just can’t get out of bed” mornings. It was so nice to no longer wake up sad/anxious/depressed when life was going fine. (2) I am *NOT* a morning person. Even w/my depression under control, my natural energy levels are such that the analytical side of my brain works best in the early afternoon, while the creative side flourishes in mid-to-late evening. For truly out-of-box creativity, the wee hours of the morning are best for me. (Those do come w/a price for the next day, so I need to balance all considerations.) I am fortunate that my life partner understands that the fact that mornings are *his* optimal time does not also mean that mine should be the same. My unsolicited advice is this: (1) If you think depression or other mental health issues might be 🤬-ing w/your life, seek guidance. If not, cool, scratch that off your “Learn about myself” to-do list. (2) Strive to make your life work for *you*. (Re-reading your entry, it seems like maybe this is what you did. Sorry if my “Mom-sense” is stating the obvious. I just don’t want anyone to go through the years of self-shaming that I did.) Best of luck to you!
Have a read of "Why We Sleep, Dr. Matt Walker" - He's a sleep scientist with 20+ years in the field and explains why some people are night owls, some people are morning larks. It's not uncommon or anything that needs fixing, it's just who we are. It can be detrimental to our sleep and health to force a night owl to be a morning person (and don't I know it!). The book also goes in depth about sleep hygiene, health issues etc but some people are just wired that way. I've worked for myself for nearly 20 years and being able to work into the evening and set my own schedule is the only way I can be productive, get things done and run a successful business. If that's what you need to do, embrace it!
I had worked as choir director an conductor for 5 years and still wasn't introducing myself as such. It took me appearing in a freaking CROSSWORD PUZZLE to realize I am fully a choral conductor. Even though I still wonder if anybody knew my name in it :-D Great video!
Brava, Chelsea, this was a terrific video. Every point was relevant and salient and I love your wise yet humble delivery. I read somewhere "People don't WHAT you do, they buy WHY you do it". TFD is very much about why you do it and that is why you are getting such well deserved success. Congratulations
I still have a hard time referring to myself as an "entrepreneur" or "business owner" despite co-founding and co-owning an LLC. We run it part time while working "real jobs" so it makes it hard to feel like we really own a business. Another part of that of the awkward feeling about it is because the MLM, "girl-boss" narrative that runs rampant in the state I live in.
This video is very informative video! About the CEOs/Leaders getting paid way more is insane especially when they're an egotistical leader 🙄 My fiancé has a micromanaging lady leader who, in her mind, is doing the right thing at all times and loves to give out instruction because it makes her feel like she's doing something. Oh and they get crazy bonuses but these companies find it hard to give the people actually doing the work a raise 🙄🙄 Loved all the nails you hit on the head with this video 😊
It’s amazing how many CEOs and managers are actually terrible at doing their jobs and still make so much money. It def makes entrepreneurship more appealing to me.
They only get somewhere when people are willing to work under them. If you don’t want to put up with shit and think you deserve better, hello many other industries where you have the opportunity to start at the bottom and work your way up. No degrees needed for everything. Just gotta be a little resourceful under a capitalistic society. You’re not limited to one job either. * I’m saying this unless you struggle with disability
You Have to be a Lone Wolf: The most successful entrepreneurs surround themselves with people willing to share wisdom. Entrepreneurs try to learn from everyone they can.
I really connect with number seven. It made think about being able to get that conflicting time back, and knowing my practice is more important to me and my clients than how others perceive my work. Thanks for the point. it's well worth some thought.
Aren't MBAs basically just about networking and getting your foot in the door. Loads of corporate graduate schemes run internships and select from the MBA programme. Once you're on the internship you're pretty much in.
I just don't seem to agree with " you don't need a ton of money" . Well, it is true you don't need a ton, but for many businesses just 5k won't do. You need what you need to open your business. I had a language school and opening a 2-classrom school doesn't come cheap. It was a partner and I who ran the business and taught the classes. Each class could have only 5 students at a time. Thereofore, we needed 10 desks, we needed course books which are expensive, boards, furniture for the reception room, etc.
That’s true, in your case you probably needed more than 5k. But still, you can buy chairs and desks for 100$ a piece, and you could easily spend ten times as much, if you listen to the wrong kind of advice, like you have to impress your clients or that you need specially designed stuff. It’s usually better to start small and upgrade later when the money is coming in. It’s better to owe the banks 5k than 50 as long as you don’t know which way things will be running.
@@dorothee2314 you are right. We even had many students saying that they prefered our school because we had a fair price than going to fancy schools where they would have to pay for the expensive furniture.
I always thought that entrepreneurs were people who had a 6th sense for business and I could never be one. After 2 years unable to get a job because of lack of experience (a barrier a professional degree could not break) I decided to say "screw it" and just went to become self employed. And now I am making more than any job I applied to offered me 😮. Turns out entrepreneurs are people who really need to work and decide to create work themselves, and you learn how to market yourself even if you don't have a degree on business or marketing. You find the skills to sell yourself in the way.
Hey all I’m looking for a video, fairly recently where she talks about a savings app ( something like piggy bank something or other) that lets you create various savings goals and track them. Does anyone remember the video or the name of the app?
Entrepreneurs don't quit. ... Entrepreneurs know exactly what they want, and how to get it. ... Entrepreneurs are their own boss. ... Entrepreneurs have to be connected. ... Entrepreneurs are usually rich. ... Entrepreneurship requires huge funding.
#1 1:45 You Need an MBA or a Business Background #2 4:28 You Need a TON of Startup Capital #3 6:16 You Always Have to be Hustling #4 8:02 You Have to be a Lone Wolf #5 12:51 CEOs and Executives Deserve Bonuses #6 16:03 Companies With Female Leaders are Feminist #7 18:25 You Need to Run Your Company Full Time
This is a bit random, but I was watching Nick unfiltered last night and on the episode these child celebs were trying to guess other “mystery celebrities” who were hidden behind a filter. There was a teen who was overly confident in his abilities (he was doing well in his industry though) and a female celebrity over 30 who was an award nominated actresss who seemed very unconfident and unsure with her answers. Like “yeah I can consider myself an actress I guess..” It was really interesting to see that flip, and forget biological sex for a sec- usually age has something to do with feeling more secure with yourself as you go through life and gain more experiences and mature etc.
@@theforensicsguy of course it is, and I agree with you! Funnily enough, one of my favourite ways to get a confidence boost (i.e. for job interviews) is to imagine myself as a privileged white male, and all of a sudden I feel like the world is my oyster 🤣
Girl, I have a bachelors degree and I own a small business (if you can call my 2-man show that, lol) so I don’t know what group that puts me in but you’re so right about the skill set. If f’ing Kanye is trying to run for prez with NO qualifications, you can run a candle shop Linda.
i don't have any desire to start a business just now (maybe in 5-10 years) but i use that logic to stay confident in job applications and interviews. not even about kanye (who's not doing well imo) but about all the overconfident white men in power, who think they have the authority to lie and be dangerously uninformed while holding a parliament seat. no impostor syndrome allowed while these people have so much power.
10/10 a business owner!! I met a start up bro who legit just opened a local restaurant and acted like he invented the idea of food. Good restaurant! I love a local restaurant, but seriously, never feel shame in calling your business what it is!!
Why does society enable those unqualified white men to get a hold of positions of power in the first place? Is just to maintain the status quo, was the system designed that way, or is it something far more sinister at play?
It was so great to hear the words "Girl Boss" followed by "shudder". I started to hate that term a while ago. First, I am not a Girl, I am a WOMAN. Second, I don't want to be a boss. I want to lead by example and inspire people.
I still find it hard calling myself a business owner and cringe at the word 'entrepreneur'. I've worked for myself since the age of 18 (nearly 20 years), multiple different businesses over the years and currently run a successful business with my OH that employs 8 people. I still feel the imposter syndrome, like I can't be an 'entrepreneur' because I run my business basically from my bed (chronically ill). The image of a dude in a suit with a briefcase, the terrifying boss lady in high heels, the 'you must be rich to call yourself a successful business owner' is a far cry from real life small business owners (at least in my experience), sending emails in their PJ's, making sure their staff get paid before they do, constantly learning new skills, sometimes just winging it, dedicated, passionate and not just in it for the money.
More people should tailor their life to their needs. Doing so while maintaining good ethical principles is no easy feat! You sound like a fantastic buisness owner 👏👏👏
For me, it was not understanding that ‘service’ was a business. I thought I’d have to come up with some unique or revolutionary ‘product’ that changed lives! No one in my family were business owners; so I thought it would be way too hard and intimidating to find suppliers, or manufacturers, I didn’t even know what was INVOLVED in getting a ‘thing’ made! When I found coaching I was like wait, what?! I can just share all the knowledge I have on a certain subject and help people work through the same issues that I had to figure out on my own?! That’s GREAT! ✨
Am an MBA myself and I always tell my aspiring entrepreneur friends to never ever do an MBA. It limits your way of thinking and makes you very risk-averse!
I think the last point really summarized everything: just because you don't fit this idealized image of an entrepreneur, doesn't mean that you aren't or aren't capable of being an entrepreneur.
I also went to a community college and I loved it. I’ve been in business for 16 years. My skills were acquired by working for several worldwide Corporate America companies.
When I was living in the Bay Area, I saw so many startups that could have become great, sustainable companies making valuable products crash and burn due to investor pressure that they try and become billion-dollar businesses.
I suspect the lone wolf and constant hustle mentality are a result of business coaches and MLMrs flooding social media with bite-size quotes and captions to trigger an emotional reaction in their audience.
Hey Chelsea, cool video!On the part about female bosses right now :) just wondering if you could make a vid on what type of employees you have working for your company/link me the video if you already have done it. No worries if not lol
THANK YOU THANK YOU FOR TALKING ABOUT TOXIC WOMEN CEOS/EXECUTIVES!! while of course you spoke about it from the company's side, i woudnt doubt it that they were probably toxic at home too and ungrateful for what you called the domestic resources they had. my mother was a nanny for a female executive and omgggg my mother essentially raised those children. she and her husband COULD NOT be bothered to even pack their children's lunches or spend any time with them when they got back from work. they were also incredibly rude (to put it lightly) it was insane. and nanny's talk so it seemed like it was pretty common.... however this executive seemed to be one of the worse ones at least within the circle of nannies she spoke to. that woman was so toxic and her husband such a dumbass and almost equally destructive person that it stressed my mother so much it affected our life at home. yes she couldve left but she adoreddd those children and she is an older woman so the jobs aren't easy to come by. i can tell that many of these women like to put out the image that they "have it all" a family and a good career. but they certainly are not doing it all by themselves and that needs to be acknowledged. so again thank you so much for putting it out there that teamwork makes the dream work and not these individuals. im not gonna call her a trailblazer and girlboss if she and others like her are miserable and toxic people.
My mom took care of kids too and everything you said was true! It is the woman behind the woman who really should be the star. My mother took care care of other people's kids too. There had been so many times when the parents she worked for were supposed to come home at a certain time and of course didn't. My mother says the biggest lesson she learned from taking care of other people's children is that "having kids" should not be on a "to do list". Have children because you want to and be ready to accept the nitty gritty of life with kids...ut's okay to have a nanny help you but not okay to have nanny raise your kids.
@@mallorygraf8574 so sorry that your mom also had to go through this. I hope she is in a better position now. YESSSS the amount of times they came late was ridiculous!! and definitely agreed that is for sure the lesson that was learned. no amount of money makes you good enough to raise a child it's all about intent will and effort with love of course.
How many entrepreneurs went to community college? I feel like it should be a lot. The skills that make someone an incredible business owner are often not the same ones that make them great at academics, especially in a high school settings where you need to get great grades to get into Stanford. If you’re not great at having a teacher tell you to read a book and think about it, you might excel at being resourceful and find innovative ways to make money that other people haven’t thought of.
So glad I found this video. I'm a community college girl myself and I took every opportunity I could in medical coding and ran with it. I work full time as an auditor and am building my business on the side. I am proud of how far I've come being a community college girl.
just... thanks. I really needed this. I write kids books 'on the side', I'll have ten published by this Christmas and I even created my own publishing house, but I still struggle and this video... it helped. So thank. that's all.
Hey girl, thank you for admitting that you don't even have a bachelor's degree! I'm on the same boat, I have enough credits to have an associates and only a few shy from a bachelor's, yet here I am trying to get my own thing going on. Thanks for being honest ❤️
I definitely envy people who are able to “make it” without going to college. I went back in my mid 30s and though I don’t regret it, I regret the cost.
I’m debating to get my master or MBA. I want to start my business while studying because you get great support as a student starting a business in Germany.
I really love that you are very open and honest about the fact that you don't really need a super fancy degree, BUT depending on what you want to do with yourself. Additionally that having one could totally help, AGAIN depending on what you want to do with yourself. If you are an intelligent, hard working, problem solving individual, who has no problem sell sell selling, you will most likely be successful in whatever you do for a living.
My brother stumbled into his company. He offered to build a fence, got paid. Then asked to build a deck, got paid. My old roommate (lawyer) told him to make an LLC cause the paychecks aren’t “gig-level” anymore.
This might be the first of many comments because I'm writing as I get inspired but the #1 about MBAs is so true. One of my main business consulting clients has an MBA (I have a BA but have been involved in commerce since I was a teenager) and he has ZERO business sense and to this day still makes horrible business decisions and would have gone bankrupt ages ago if he wasn't for his trust fund. An MBA does not make her break her ability to be an entrepreneur, it just a piece of paper. Especially if you're a slacker that only did the bare minimum to get one 🙄
So true! I have an MBA and I feel like I’ve learned more about business from RUclips than from my degree 🙄🙄 and don’t get me started on the price tag 👀👀😂
Honestly, one of your best videos yet! I read the Financial Diet book and I think you'll are doing an amazing job ( not that you need my validation). Job comments are the worse and can be so harmful to mental health without people realizing it.
not even 2 minutes into the video yet but i am so excited. i'm beginning my entrepreneurial steps on youtube. i'm keeping and eye out for entrepreneurship related workshops on the studio :)
Here in Chile on top of those myths, you also have the one about family enterprises being destined to fail... I've been working with my parents the last years and it has been a great and meaningful experience. Also, the lone wolf myth gives the sensation of being a narcissist enabler, the epidemic mental health issue of the CEO environment...
Calling myself an artist is hard because I'm still not earning money with it, despite me literally drawing all day and actively looking for jobs and commissions.
Art n' Stories with Isho branch out! You can drop ship prints of your work, adapt them into enamel pins or stickers, and even shave an online portfolio/blog+RUclips and make ad revenue just from people seeing your work. All of it is a good way to build an audience to network with other artists and potential clients for commissions and jobs. Its a great time to be an artist!
@@Ineverusemychannel yes, but you need an audience for all that to work. It's what I'm trying to do right now. But I can't even reach 1000 followers on insta
why don't you try to develop your RUclips channel? I know non English (Korean) drawing channels that are doing well, the owner even offers drawing classes to Patreon members edit: even*
No, executives get paid according to value proportional to the company’s growth. They also bear huge responsibilities with massive effects. They’re compensated according to scale and their ability to make decisions for large systems.
As a small business owner & entrepreneur, I slapped my jewel encrusted sceptre down on the board room table & reminded my husband that getting up at the crack of dawn does not get him into better Heaven, there is no heaven for all those annoying ppl who spent their life getting up early & bragging to us about it, he just goes to the same place I do. I also do not get out of bed before about 7.30 in Winter cause farming is like friggin tiring dude. He also realised if he wants dinner, & a sneaky little evening sleep on the couch, which then equates to about the same amount of hours I sleep, he wants to stop talking about gettin' up early. THIS CEO does not want to hear it. I've also found that all the ppl who crap on about how early they get up, & how much they ThRiVe absolutely crash on weekends, & get sick ALL the time and are generally moody, difficult, lack empathy & are horrendous to work for, or be around. Get some sleep, God does not care!!!!
It is possible to be entrepreneurial within a corporate structure. If you treat your W2 job like your own small business you can learn and apply skills that will allow you to succeed. I don’t want to run my own company so I treat my job like its my own. Owning your own business isn’t like the Wild West…The same rules and regs for a small business apply to corporations. Building a internal network and mentoring or seeking mentors like you would for your own business works in a corporate environment too. Great video Chelsea!
Since we're talking about CEO's and entrepreneurship, check out this video of Chelsea answering questions about running a small business: ruclips.net/video/5yfB-Hpaqd0/видео.html
Also, don't forget to grab your ticket to our upcoming mental health workshop with Chelsea and Kati Morton: bit.ly/TFDStudioTickets!
Me: *is not an entrepreneur*
Also me: yes look what a relevant video I must watch immediately
Not an entrepreneur yet... You still can, if YOU want
I think these tips are also valuable for anyone who wants to build a career in a niche field or one that offers certain kinds of flexibility but still wants health insurance through their employer. Like someone who wants to work full time at a fully remote company (me. Lol)
I always appreciate Chelsea's views on things, but also, HAIR GAME STRONG TODAY
Right? And I don’t know if it’s the camera, but MAN that glow!
I thought the same thing! Great hair to go with the great head on her shoulders 🙂
Who else always suspects that the entrepreneurs that say they get up at 4am every day are just lying to look cool 👀
🤣🤣🤣🤣right there with you also to echo Chelsea's Statement either they are getting up at 4am but take drugs during the day to function 😂😂😂😂which more so i think is the case
this is a note for anyone who needs to see it:
go do something that sets your soul on fire✨
Love it! This is an important reminder!
Chelsea is my best friend in my head. Very proud of how she embraces research and progressive leadership. Keep up the great work!
this was so helpful, i struggle to work in the morning and can only focus late at night. i felt like i had to work in the morning tho
I'm not a physician and nothing that I say can constitute medical advise in any way, shape or form, but as someone who had life long sleeping problems, yours sounds very much as a bad problem with "sleeping hygiene".
We very often fuck up our sleeping patterns with bad habits such as excessive caffeine consumption, sugar addiction, blue light from screens until very late in the night, alcohol, smoking, sleep deprivation, stress, anxiety, depression and most of all the romanticization of the night life, working until late, partying until late, being a night owl and all of that nonsense.
Tia Keyaira, for decades I struggled with the same issues and internalized society’s message that I was somehow defective because I was not a morning person.
My life circumstances changed and I discovered two things:
(1) I suffer from clinical depression. My body chemistry works against me. Medication (generic prozac) helped immensely w/those “there’s an elephant sitting on me & I just can’t get out of bed” mornings. It was so nice to no longer wake up sad/anxious/depressed when life was going fine.
(2) I am *NOT* a morning person. Even w/my depression under control, my natural energy levels are such that the analytical side of my brain works best in the early afternoon, while the creative side flourishes in mid-to-late evening. For truly out-of-box creativity, the wee hours of the morning are best for me. (Those do come w/a price for the next day, so I need to balance all considerations.)
I am fortunate that my life partner understands that the fact that mornings are *his* optimal time does not also mean that mine should be the same.
My unsolicited advice is this:
(1) If you think depression or other mental health issues might be 🤬-ing w/your life, seek guidance. If not, cool, scratch that off your “Learn about myself” to-do list.
(2) Strive to make your life work for *you*. (Re-reading your entry, it seems like maybe this is what you did. Sorry if my “Mom-sense” is stating the obvious. I just don’t want anyone to go through the years of self-shaming that I did.)
Best of luck to you!
s a Piggybacking - work a 2nd or 3rd shift. Sometimes you get incentive pay.
Have a read of "Why We Sleep, Dr. Matt Walker" - He's a sleep scientist with 20+ years in the field and explains why some people are night owls, some people are morning larks. It's not uncommon or anything that needs fixing, it's just who we are. It can be detrimental to our sleep and health to force a night owl to be a morning person (and don't I know it!). The book also goes in depth about sleep hygiene, health issues etc but some people are just wired that way.
I've worked for myself for nearly 20 years and being able to work into the evening and set my own schedule is the only way I can be productive, get things done and run a successful business. If that's what you need to do, embrace it!
I had worked as choir director an conductor for 5 years and still wasn't introducing myself as such. It took me appearing in a freaking CROSSWORD PUZZLE to realize I am fully a choral conductor. Even though I still wonder if anybody knew my name in it :-D
Great video!
Haha that's awesome. Knowing you've made it when you're in a crossword :D
“It can’t all be the turtle neck”...You take that back, ma’am! 😝🤣
Brava, Chelsea, this was a terrific video. Every point was relevant and salient and I love your wise yet humble delivery. I read somewhere "People don't WHAT you do, they buy WHY you do it". TFD is very much about why you do it and that is why you are getting such well deserved success. Congratulations
The videos recently have been exceptionally good
I still have a hard time referring to myself as an "entrepreneur" or "business owner" despite co-founding and co-owning an LLC. We run it part time while working "real jobs" so it makes it hard to feel like we really own a business.
Another part of that of the awkward feeling about it is because the MLM, "girl-boss" narrative that runs rampant in the state I live in.
Utah? 😂
@@cathrynesten4364 Yes. Haha
This video is very informative video!
About the CEOs/Leaders getting paid way more is insane especially when they're an egotistical leader 🙄
My fiancé has a micromanaging lady leader who, in her mind, is doing the right thing at all times and loves to give out instruction because it makes her feel like she's doing something. Oh and they get crazy bonuses but these companies find it hard to give the people actually doing the work a raise 🙄🙄
Loved all the nails you hit on the head with this video 😊
It’s amazing how many CEOs and managers are actually terrible at doing their jobs and still make so much money. It def makes entrepreneurship more appealing to me.
They only get somewhere when people are willing to work under them. If you don’t want to put up with shit and think you deserve better, hello many other industries where you have the opportunity to start at the bottom and work your way up. No degrees needed for everything. Just gotta be a little resourceful under a capitalistic society. You’re not limited to one job either. * I’m saying this unless you struggle with disability
@@violethaye6987 So true
You Have to be a Lone Wolf: The most successful entrepreneurs surround themselves with people willing to share wisdom. Entrepreneurs try to learn from everyone they can.
Great video as always. I would love to see Chelsea react to one of those business TV shows like Dragons Den/The Apprentice, it would be hilarious.
I really connect with number seven. It made think about being able to get that conflicting time back, and knowing my practice is more important to me and my clients than how others perceive my work. Thanks for the point. it's well worth some thought.
I am trying to start up a small business and this is a great helpful video. Love number 2, my plan was just to self-fund as I go.
Aren't MBAs basically just about networking and getting your foot in the door. Loads of corporate graduate schemes run internships and select from the MBA programme. Once you're on the internship you're pretty much in.
Thank you for always being so relatable!
Thank you. This was very helpful especially the last part.
I've also only seen the Fassbender one, but the fact is the Ashton Kutcher one made more money on a lower budget 💁🏻♂️
My husband started successful business with GED :) Thank you for great videos!
I just don't seem to agree with " you don't need a ton of money" . Well, it is true you don't need a ton, but for many businesses just 5k won't do. You need what you need to open your business.
I had a language school and opening a 2-classrom school doesn't come cheap.
It was a partner and I who ran the business and taught the classes. Each class could have only 5 students at a time. Thereofore, we needed 10 desks, we needed course books which are expensive, boards, furniture for the reception room, etc.
That’s true, in your case you probably needed more than 5k. But still, you can buy chairs and desks for 100$ a piece, and you could easily spend ten times as much, if you listen to the wrong kind of advice, like you have to impress your clients or that you need specially designed stuff. It’s usually better to start small and upgrade later when the money is coming in. It’s better to owe the banks 5k than 50 as long as you don’t know which way things will be running.
@@dorothee2314 you are right. We even had many students saying that they prefered our school because we had a fair price than going to fancy schools where they would have to pay for the expensive furniture.
Great stuff! Love your take on entrepreneurship and what that really means. Thank you for sharing!
I always thought that entrepreneurs were people who had a 6th sense for business and I could never be one.
After 2 years unable to get a job because of lack of experience (a barrier a professional degree could not break) I decided to say "screw it" and just went to become self employed. And now I am making more than any job I applied to offered me 😮.
Turns out entrepreneurs are people who really need to work and decide to create work themselves, and you learn how to market yourself even if you don't have a degree on business or marketing. You find the skills to sell yourself in the way.
Hey all I’m looking for a video, fairly recently where she talks about a savings app ( something like piggy bank something or other) that lets you create various savings goals and track them. Does anyone remember the video or the name of the app?
Mint?
You can say that again 😅
Can't see how "feminist working environment" automatically becomes also "healthy". I think we should avoid such narrative as well.
I really like your definition of feminism and calling out all the toxic fake feminist out there.
Entrepreneurs don't quit. ...
Entrepreneurs know exactly what they want, and how to get it. ...
Entrepreneurs are their own boss. ...
Entrepreneurs have to be connected. ...
Entrepreneurs are usually rich. ...
Entrepreneurship requires huge funding.
#1 1:45 You Need an MBA or a Business Background
#2 4:28 You Need a TON of Startup Capital
#3 6:16 You Always Have to be Hustling
#4 8:02 You Have to be a Lone Wolf
#5 12:51 CEOs and Executives Deserve Bonuses
#6 16:03 Companies With Female Leaders are Feminist
#7 18:25 You Need to Run Your Company Full Time
Thank you for not wasting my time
Thanks!
Thanks
thanks for this one!
12:57 - Komrade Chelsea is the 4th highest paid employee of her company.
We stan a queen who leads by example 😍
Male want-trenepeurs: I AM an entrepreneur!
Female entrepreneur: I am TECHNICALLY an entrepreneur.
This is a bit random, but I was watching Nick unfiltered last night and on the episode these child celebs were trying to guess other “mystery celebrities” who were hidden behind a filter. There was a teen who was overly confident in his abilities (he was doing well in his industry though) and a female celebrity over 30 who was an award nominated actresss who seemed very unconfident and unsure with her answers. Like “yeah I can consider myself an actress I guess..” It was really interesting to see that flip, and forget biological sex for a sec- usually age has something to do with feeling more secure with yourself as you go through life and gain more experiences and mature etc.
This is the patriarchy fault. I hope we can inspire women to be more assertive and confident in what they do.
@@theforensicsguy of course it is, and I agree with you!
Funnily enough, one of my favourite ways to get a confidence boost (i.e. for job interviews) is to imagine myself as a privileged white male, and all of a sudden I feel like the world is my oyster 🤣
You caught that too!!!
Oh wow, it’s me.
You’re not “technically” an entrepreneur. You are an entrepreneur!
Well said!
Girl, I have a bachelors degree and I own a small business (if you can call my 2-man show that, lol) so I don’t know what group that puts me in but you’re so right about the skill set. If f’ing Kanye is trying to run for prez with NO qualifications, you can run a candle shop Linda.
i don't have any desire to start a business just now (maybe in 5-10 years) but i use that logic to stay confident in job applications and interviews. not even about kanye (who's not doing well imo) but about all the overconfident white men in power, who think they have the authority to lie and be dangerously uninformed while holding a parliament seat. no impostor syndrome allowed while these people have so much power.
You are a business owner! Own it! You go, girl!
😂
10/10 a business owner!! I met a start up bro who legit just opened a local restaurant and acted like he invented the idea of food. Good restaurant! I love a local restaurant, but seriously, never feel shame in calling your business what it is!!
Why does society enable those unqualified white men to get a hold of positions of power in the first place? Is just to maintain the status quo, was the system designed that way, or is it something far more sinister at play?
It was so great to hear the words "Girl Boss" followed by "shudder". I started to hate that term a while ago. First, I am not a Girl, I am a WOMAN. Second, I don't want to be a boss. I want to lead by example and inspire people.
I still find it hard calling myself a business owner and cringe at the word 'entrepreneur'. I've worked for myself since the age of 18 (nearly 20 years), multiple different businesses over the years and currently run a successful business with my OH that employs 8 people. I still feel the imposter syndrome, like I can't be an 'entrepreneur' because I run my business basically from my bed (chronically ill). The image of a dude in a suit with a briefcase, the terrifying boss lady in high heels, the 'you must be rich to call yourself a successful business owner' is a far cry from real life small business owners (at least in my experience), sending emails in their PJ's, making sure their staff get paid before they do, constantly learning new skills, sometimes just winging it, dedicated, passionate and not just in it for the money.
More people should tailor their life to their needs. Doing so while maintaining good ethical principles is no easy feat! You sound like a fantastic buisness owner 👏👏👏
Chelsea is so immanently sane and sensible that it feels like a mental health break to watch any of her video presentations.
For me, it was not understanding that ‘service’ was a business. I thought I’d have to come up with some unique or revolutionary ‘product’ that changed lives! No one in my family were business owners; so I thought it would be way too hard and intimidating to find suppliers, or manufacturers, I didn’t even know what was INVOLVED in getting a ‘thing’ made! When I found coaching I was like wait, what?! I can just share all the knowledge I have on a certain subject and help people work through the same issues that I had to figure out on my own?! That’s GREAT! ✨
Am an MBA myself and I always tell my aspiring entrepreneur friends to never ever do an MBA. It limits your way of thinking and makes you very risk-averse!
Agreed, at this point an MBA is useful for when you want to work corporate as a career path.
I think the last point really summarized everything: just because you don't fit this idealized image of an entrepreneur, doesn't mean that you aren't or aren't capable of being an entrepreneur.
Does Chelsea have a tan? WHEN WAS THE VACATION?! I'm jealous hahaha
I thought the same thing! Was wondering if she did spray tan or just hung out in the sun.
I also went to a community college and I loved it. I’ve been in business for 16 years. My skills were acquired by working for several worldwide Corporate America companies.
I can't believe people feel like TFD isn't a "real business." Lol they're a seven-figure business!
I love socialist financial advice ☺️ thanks Chelsea
As always, helpful realistic common sense!
When I was living in the Bay Area, I saw so many startups that could have become great, sustainable companies making valuable products crash and burn due to investor pressure that they try and become billion-dollar businesses.
Hey can you make a video on the beginning phases and how to deal with the inconsistency in pay?
I suspect the lone wolf and constant hustle mentality are a result of business coaches and MLMrs flooding social media with bite-size quotes and captions to trigger an emotional reaction in their audience.
Hey Chelsea, cool video!On the part about female bosses right now :) just wondering if you could make a vid on what type of employees you have working for your company/link me the video if you already have done it. No worries if not lol
Love this idea!!
THANK YOU THANK YOU FOR TALKING ABOUT TOXIC WOMEN CEOS/EXECUTIVES!! while of course you spoke about it from the company's side, i woudnt doubt it that they were probably toxic at home too and ungrateful for what you called the domestic resources they had. my mother was a nanny for a female executive and omgggg my mother essentially raised those children. she and her husband COULD NOT be bothered to even pack their children's lunches or spend any time with them when they got back from work. they were also incredibly rude (to put it lightly) it was insane. and nanny's talk so it seemed like it was pretty common.... however this executive seemed to be one of the worse ones at least within the circle of nannies she spoke to. that woman was so toxic and her husband such a dumbass and almost equally destructive person that it stressed my mother so much it affected our life at home. yes she couldve left but she adoreddd those children and she is an older woman so the jobs aren't easy to come by. i can tell that many of these women like to put out the image that they "have it all" a family and a good career. but they certainly are not doing it all by themselves and that needs to be acknowledged. so again thank you so much for putting it out there that teamwork makes the dream work and not these individuals. im not gonna call her a trailblazer and girlboss if she and others like her are miserable and toxic people.
My mom took care of kids too and everything you said was true! It is the woman behind the woman who really should be the star. My mother took care care of other people's kids too. There had been so many times when the parents she worked for were supposed to come home at a certain time and of course didn't. My mother says the biggest lesson she learned from taking care of other people's children is that "having kids" should not be on a "to do list". Have children because you want to and be ready to accept the nitty gritty of life with kids...ut's okay to have a nanny help you but not okay to have nanny raise your kids.
@@mallorygraf8574 so sorry that your mom also had to go through this. I hope she is in a better position now. YESSSS the amount of times they came late was ridiculous!! and definitely agreed that is for sure the lesson that was learned. no amount of money makes you good enough to raise a child it's all about intent will and effort with love of course.
How many entrepreneurs went to community college? I feel like it should be a lot. The skills that make someone an incredible business owner are often not the same ones that make them great at academics, especially in a high school settings where you need to get great grades to get into Stanford. If you’re not great at having a teacher tell you to read a book and think about it, you might excel at being resourceful and find innovative ways to make money that other people haven’t thought of.
Entrepreneurship: Late nights, money worries, and 100% personal accountability
NOT FOR THE FAINT OF HEART
This. It is all on you
So glad I found this video. I'm a community college girl myself and I took every opportunity I could in medical coding and ran with it. I work full time as an auditor and am building my business on the side. I am proud of how far I've come being a community college girl.
Donald Trump showed us you don't have to have a degree (or a functioning brain) to own/operate a business.
You just have to be born into a rich familiy and inherit millions. Yeah, it's that easy!
I’ve had to watch this three times!! I keep doubting myself due to a lot of the myths you mentioned. Thank you for this!!!!🌟🌟 I’m going to keep going
Thanks for this great video. DFTBA.
This video is so empowering. Thank you, TFD! Thanks, Chelsea for being so honest. I truly, deeply appreciate you guys!
Like if Chelsea is bae ❤️
What the Stats of CEO vs. standard worker is shocking. Good eye-opener.
You are definitely an entrepreneur, Chelsea. A really great one, too!
just... thanks. I really needed this. I write kids books 'on the side', I'll have ten published by this Christmas and I even created my own publishing house, but I still struggle and this video... it helped. So thank. that's all.
I’m an entrepreneur from community college!! Love you Chelsea 🙌🏼
Hey girl, thank you for admitting that you don't even have a bachelor's degree! I'm on the same boat, I have enough credits to have an associates and only a few shy from a bachelor's, yet here I am trying to get my own thing going on. Thanks for being honest ❤️
I definitely envy people who are able to “make it” without going to college. I went back in my mid 30s and though I don’t regret it, I regret the cost.
I’m debating to get my master or MBA. I want to start my business while studying because you get great support as a student starting a business in Germany.
Maybe you can contact a potential professor and discuss your pathway?
@@shaquicedacosta That's a great tip!
I really love that you are very open and honest about the fact that you don't really need a super fancy degree, BUT depending on what you want to do with yourself. Additionally that having one could totally help, AGAIN depending on what you want to do with yourself. If you are an intelligent, hard working, problem solving individual, who has no problem sell sell selling, you will most likely be successful in whatever you do for a living.
I like that you are pointing out that anyone can be an entrepreneur. That's so true!
She just thought us common sense that we would have to pay for in a university. Love the channel
Great advice thanks for sharing!
Chelsea, you really need to write your own CEO manifesto and litter downtown Manhattan with it. The bosses of the world need to learn from you.
Who's team 'here as soon as the notification pops up'? 🙋
Wait woah y'all got the nerdfighter grant? Heck yeah I'm glad all those ads I've been watching on vlog brothers has gone to something useful like this
Community college entrepreneur here
I always love the crisp quality of TFD videos! What camera/equipment do you use?
Not an entrepreneur. Would love to be and this was super insightful. Thanks Chelsea
My brother stumbled into his company. He offered to build a fence, got paid. Then asked to build a deck, got paid. My old roommate (lawyer) told him to make an LLC cause the paychecks aren’t “gig-level” anymore.
My tired ass read the title as 'Entrepreneur Maths'😅
Thank you, comrade
This might be the first of many comments because I'm writing as I get inspired but the #1 about MBAs is so true. One of my main business consulting clients has an MBA (I have a BA but have been involved in commerce since I was a teenager) and he has ZERO business sense and to this day still makes horrible business decisions and would have gone bankrupt ages ago if he wasn't for his trust fund. An MBA does not make her break her ability to be an entrepreneur, it just a piece of paper. Especially if you're a slacker that only did the bare minimum to get one 🙄
So true! I have an MBA and I feel like I’ve learned more about business from RUclips than from my degree 🙄🙄 and don’t get me started on the price tag 👀👀😂
@@TheOtherLizWalker realness, sometimes I feel he should ask for his money back 😂
So not all entrepreneur's get their starts stretching the truth as chocolate salespeople?
Honestly, one of your best videos yet! I read the Financial Diet book and I think you'll are doing an amazing job ( not that you need my validation). Job comments are the worse and can be so harmful to mental health without people realizing it.
Great vid.
not even 2 minutes into the video yet but i am so excited. i'm beginning my entrepreneurial steps on youtube. i'm keeping and eye out for entrepreneurship related workshops on the studio :)
Chelsea! That shirt; I've been looking for a shirt/dress life that for months! Where is it from? :O
Everyone is an entrepreneur
I love your hot takes, I don't always agree with them all but they are always pure entertainment.
Thank you for this.
This was a great video. I’m glad I watched and I agree with you in the myths.
I love this. I identify with number 1
Waw , most informative
Here in Chile on top of those myths, you also have the one about family enterprises being destined to fail... I've been working with my parents the last years and it has been a great and meaningful experience. Also, the lone wolf myth gives the sensation of being a narcissist enabler, the epidemic mental health issue of the CEO environment...
I needed this today - thank you 💜
That comment about Elizabeth Holmes is not true. She's a vampire, of course she has some knowledge of blood.
This was great! Number 5 was especially spot on.
FACTS 🙌🏾
Calling myself an artist is hard because I'm still not earning money with it, despite me literally drawing all day and actively looking for jobs and commissions.
Art n' Stories with Isho branch out! You can drop ship prints of your work, adapt them into enamel pins or stickers, and even shave an online portfolio/blog+RUclips and make ad revenue just from people seeing your work. All of it is a good way to build an audience to network with other artists and potential clients for commissions and jobs. Its a great time to be an artist!
@@Ineverusemychannel yes, but you need an audience for all that to work. It's what I'm trying to do right now. But I can't even reach 1000 followers on insta
why don't you try to develop your RUclips channel? I know non English (Korean) drawing channels that are doing well, the owner even offers drawing classes to Patreon members
edit: even*
What's your insta ill follow
@@cathrynesten4364 i'm isho.fantasi.art
No, executives get paid according to value proportional to the company’s growth. They also bear huge responsibilities with massive effects. They’re compensated according to scale and their ability to make decisions for large systems.
As a small business owner & entrepreneur, I slapped my jewel encrusted sceptre down on the board room table & reminded my husband that getting up at the crack of dawn does not get him into better Heaven, there is no heaven for all those annoying ppl who spent their life getting up early & bragging to us about it, he just goes to the same place I do. I also do not get out of bed before about 7.30 in Winter cause farming is like friggin tiring dude. He also realised if he wants dinner, & a sneaky little evening sleep on the couch, which then equates to about the same amount of hours I sleep, he wants to stop talking about gettin' up early. THIS CEO does not want to hear it. I've also found that all the ppl who crap on about how early they get up, & how much they ThRiVe absolutely crash on weekends, & get sick ALL the time and are generally moody, difficult, lack empathy & are horrendous to work for, or be around. Get some sleep, God does not care!!!!
It is possible to be entrepreneurial within a corporate structure. If you treat your W2 job like your own small business you can learn and apply skills that will allow you to succeed. I don’t want to run my own company so I treat my job like its my own. Owning your own business isn’t like the Wild West…The same rules and regs for a small business apply to corporations. Building a internal network and mentoring or seeking mentors like you would for your own business works in a corporate environment too. Great video Chelsea!
Someone please draw Chelsea with her Jewel Encrusted Sceptre 😆
But what do you do tho? Besides this channel of course (which is awesome) ...but honestly what's the business of TFD?