Transcript
Dr. Gail Saltz (0:00)
The one thing I would tell you from older patients that I see is that it's easier to live with mistakes than it is to live with regret. Wow. And you may falter. Maybe it didn't work out. You may have to back up. There may be some loss involved. But to never try and to just stay stuck is a tougher place to be.
Heather Monahan (0:24)
Come on this journey with me each.
Podcast Host (0:25)
Week when you join me.
Heather Monahan (0:27)
We are going to chase down our goals, overcome adversity, and set you up for a better tomorrow.
Dr. Gail Saltz (0:34)
I'm ready for my closeup.
Heather Monahan (0:36)
Tell me, have you been enjoying these new bonus Confidence Classics episodes we've been dropping on you every week? We've literally hundreds of episodes for you to listen to. So these bonuses are a great way to help you find the ones you may have already missed. I hope you love this one as.
Podcast Host (0:52)
Much as I do.
Heather Monahan (0:53)
Hi, and welcome back to Creating Confidence.
Podcast Host (0:56)
I'm so glad you're here.
Heather Monahan (0:58)
I was just sitting here thinking about how frustrated I am right now, and I literally, as soon as I turn the mic on to talk to you, I. I get excited. So that's good. All right. Progress. I was really in a crap mood, and I want to share this with you because I definitely am a positive person. I definitely like to put positive spins on things. But everybody has a bad day, bad week, you know, bad moments in time, tough moments in time. And these are all first world problems, so I try not to get too caught up in them. But as you know, if you heard the show last week, I was really sick. I chose not to take medicine. Bad move, Monahan. I usually always get a Z pack. Once a year, I get sick, I lose my voice, I take a Z pack, I bounce back. This year, I tried. I try not to give my son antibiotics because the doctor says not to get them conditioned to teach their bodies to overcome sickness on its own. So I thought, if my son's sick, he's coughing up green phlegm and I'm not putting him on an antibiotic. Why would I do it? I should have a trip last week, and I didn't have a speech or anything, so I thought, okay, I'll just give it a shot. And I literally, here I am a week later, I'm still sick. I'm definitely so much better than I was last week, thank goodness. So my body is fighting it. But I. In some ways, last week was just such a waste. I didn't have energy like I usually do. I probably accomplished a quarter of what I would typically accomplish in a week. Which is now impacting my week this week, because on the prior week, you know, you're building that pipeline and securing meetings and closing deals and whatnot. And then the fruits of that labor appear the next week. So I went into this week kind of feeling bummed out that I hadn't really locked up a lot of things I wanted to. Rah, rah, rah, whatever. Poor me. It has not been a great week. And then, as you know, I found out, or I thought I had mold in my bathroom. Turns out, always get a second opinion, whether it's medical or your home or otherwise. I got a couple of phone calls when some of my friends heard I was freaking out about mold in my house. And I two of my girlfriends who are in the construction real estate business called me directly and said, hey, get another opinion. Because sometimes people want to take advantage of a single woman. And you can't trust this guy that came to give you this $8,000 estimate to rip out your whole bathroom. And thank goodness I got some other estimates because it turns out it was mildew, not mold. Hello. Epic fail. And thank goodness we got someone in here that was honest and kind, had a track record working with my other girlfriend, really wonderful person, and everything got done for $1,000. So my house is covered in dust. I just have cleaned it from top to bottom so many times and it still is dusty because the sliders on my condo will not open because my building is under construction yet again. I feel like I'm having a complete session right now. Anyhow. All right, the good news is my bathroom is fixed and today is the first day we're going to be able to use it again in a week. Work is done, things are dry, and it's clean enough to use, although still a little dusty. But we're making progress. So that is great news as far as work goes for me. I kind of had a mental breakdown because as you can see, I haven't been feeling my best, which really affects my decision making or my tolerance level too. I would say sometimes I can be more tolerant of things, but when I'm not feeling great, I get annoyed easily. And I think sometimes it's for the good. My speaking business. I signed an exclusive and and went on directly the speaker agent at the end of Q4, 2019 a few months ago. And I did that so that I wouldn't have to manage a speaking business myself. And you know, ultimately they would have a pool of connections of people that are constantly hiring speakers. They know, you know, where to fish, who to speak to who to pitch me to. And I just anticipated wrongfully that my speaking business was going to explode. You know, sometimes you need to try things to find out what works and what doesn't. And I'm also open to, you know, not everyone is the right fit. However, I like these people. I was really excited about it and I'm still working with them, but I did not see my business explode. And when you sign on with an agent and you do an exclusive, you agree to send them all of your leads set. You know what people, when they Message me on LinkedIn or Instagram asking me to hire me to speak for something, I just started sending all of that business to them, the agent to manage. And what I've learned is I didn't have the right situation for me because I saw my inbound leads that I used to close at an 80% closing ratio were dropping off to maybe 15% closing ratio. And here's the thing. People, oftentimes people aren't going to make you the priority that you would make you and your business, right? So I would respond to people immediately. Even if I was on the road or traveling, I'd send a DM or a note saying, listen, I'm going to get back with you. I will send you my speaker reel, my kid, my this, my that. Let's jump on a call and customize a keynote for you. And, you know, because I have a really high level of interest in supporting my customers, making sure they're happy and doing a great job, and other people just probably aren't going to feel that same level of commitment or excitement or sense of urgency, which I think really impacted my bottom line. So ultimately, yes, it was the holidays and things slow down around the holidays, but I still. Here we are in first quarter, moving into March almost, and I just haven't seen my business pick up to the level it was when I managed it so well, during my sick, not so great mood, I decided to call my agent and just say, listen, here's the thing. Let's look at metrics, let's look at numbers. When I was managing this myself, I was averaging a minimum of two speaking engagements a month, sometimes up as many as four or five. That's really where. That's the baseline of where I want to be. My anticipation was we were going to grow that because of your expertise, your contacts, et cetera. Another thing they had wanted was to wait for the TED Talk to come out. The TED Talk came out. TED Talk is great. I'm super proud of it. So all I did the things that they needed me to do and I was revisiting those expectations with them again, again, in a positive manner. I really like these people and just expl that my expectations weren't being met. Now maybe my expectations were incorrect and she didn't challenge that. She actually said she was really disappointed in the performance too. She understood why I was frustrated. And so we agreed that I'm going to take it back, managing it myself because I was getting better results when I managed myself. I really didn't want to, I'll be honest with you, because it's more work for me, more follow up for me. One more thing on my to do list. But it's my number one revenue driver right now, so I have to, I have no choice. So I, I decided to do that well last night because I am a crazy person. I'm sitting on the couch. I'll break this down how this all happened. I was sitting on my couch and I get a tagged on a LinkedIn post. It was some woman saw me on the GaryVee podcast and shared that podcast on social on LinkedIn and tagged me and Gary Vee in it and said, wouldn't it be amazing if we could sit behind the scenes on the next Gary Vee and Heather Monahan show? So that gave me an idea. Number one, I shared that on my page, of course, because I so appreciate everyone's support and it means the world to me. But then I thought, why don't I read out to Gary's team and pitch the idea that with International Women's Day coming up, we should run a contest for women so that if they want to sit behind the scenes, they could on International Women's Day or that week we would do another podcast, answer their questions and make this, you know, kind of a, an exciting opportunity for people to do exactly what this woman wanted to do. So of course I messaged his assistant, who I love. I have not heard back yet. 24 hours later. Guess we'll have to give him a day or two. And I'm excited. Who knows if I'll even hear back? I never know. But I just, you know, I keep trying. So I thought that was a cool idea. So I was sitting there thinking about Gary because of this idea, this woman's post, and I thought, oh my gosh, I forgot about Vayner Speakers. And so Gary has, he has multiple companies. One of them is called vayner Speakers, which is run by this guy Zach, who I happened to meet when I interviewed Jesse and Sarah Blakely at Hypergrowth in September. And so he's very nice, very professional, very dialed in. I mean, this guy knows everyone. So I first I Google Vayner speakers, I look at their roster, and my friend James Altucher, who's been on the show, is now added to their roster. Jesse Itzler's on the roster. So I start thinking, wow, you know, I have interviewed these people, I've spoken with these people, I've done events with these people. Maybe I should be on this roster. And they have a very small roster, unlike the other speaker bureaus that I'm.
