Redefining Wealth with Patrice Washington
The Redefining Wealth Podcast community believes that wealth is about more than money and material possessions; it’s actually about well-being. Each week, award-winning personal finance author, international speaker, media personality and your BFF in your head, Patrice Washington, shares solo insights or enlightening guest interviews that influence the masses to live their life’s purpose, find fulfillment and earn more without chasing money.
Episodes
Thursday May 10, 2018
Abundance Requires Accountability
Thursday May 10, 2018
Thursday May 10, 2018
“Accountability is the secret sauce for abundance.”
How many times do you find yourself starting a project, but never able to cross the finish line?
Maybe you get 80% of the way there. You can see the finish line, but then you stop. You let other things get in the way.
You’re not alone. Everyone has that problem.
The way you fix that is by having more accountability in your life.
Sometimes you need someone by your side to share your progress with. Someone to give you that push across the finish line.
I’m going to give you a big tip: make sure it’s someone outside of your house.
Your partner is going to be one of the first people to show you sympathy when you don’t feel like doing something.
As much as I love my husband, I know if I rely on him to hold my accountable I won’t get things done. It’s not his fault though, I know just the right face to make to get his pity.
That’s why I have a friend I check in with regularly, Brandi Harvey.
Brandi’s not afraid to push me harder, and she’s not as willing to let me off the hook when I don’t meet my deadlines. And I return the favor.
But not every situation calls for accountability from an outside source. Your actions, your decision, all come from personal accountability.
It’s such an important topic, I felt I needed to five into a full episode on it.
On this episode of Redefining Wealth, I discuss how accountability is the secret sauce to success. Without it no one would get anything done, and it’s what really serves as a moral guideline in this world where people are obsessed with bad behaviors.
Download this episode today and learn how you can use accountability to get the success and wealth you want in every area of your life and truly feel fulfilled
“Clarity is what you need to build your prosperity.”
The Cliff Notes:
Financial mismanagement comes from a lack of fulfillment.
Wealth is about well being.
There will always be something that holds you back from crossing that finish line.
Sometimes it’s because of fear.
Other times it’s because you don’t have accountability.
No one creates long lasting success in a bubble.
We were created for companionship with others.
Create a support system that won’t allow you to get in your own way.
Find an accountability partner that is out of your house.
We have a false upbringing of “Don’t tell other people your business.”
You do need to be accountable to yourself.
Our society indulges in the bad behaviors of others.
How you are feeling today should not change your character.
There is nothing worse than breaking a promise to yourself.
Be accountable to the vision, not the process to get there.
Are you operating with a spirit of accountability to your creator?
We all have a calling to make an impact to the masses.
Are you just studying the principals of your sacred text, or are you practicing them?
Give up the possibility of a better past.
Don’t compromise your integrity to be liked.
You’re childhood is over, don’t subscribe to what you learned then.
“You always represent more than just yourself.”
Thursday May 03, 2018
Ask Patrice Anything: Earn More Money Edition
Thursday May 03, 2018
Thursday May 03, 2018
“There’s only so much coupon cutting and budgeting you can do.”
The last time I took questions from you guys I had such an overwhelming response!
I felt it was hard to choose questions to answer, and I saw a common theme that I wasn’t able to address last time: earning more money.
Cutting coupons and pinching pennies might help a little, but it will never make you a millionaire.
In the amount of time you spend clipping out vouchers just to save $50 you probably could have used your passion and purpose to make $500.
Since I know what it’s like to go from rags to riches multiple times in my life, I wanted to give you some advice from what I’ve learned along the way.
I hand picked some of the best questions about earning more money for this episode, ranging from finding a financial advisor, to starting a podcast, to becoming a speaker and so much more.
Download this episode to learn how you stop budgeting and start earning.
“Don’t be moved by coaches that can only flash material possessions.”
Questions You Asked:
When should I start working with a financial advisor? (4:40)
What is your opinion on virtual mentors? (8:25)
How do I get started doing my own podcast? (13:20)
How can I sell my self published book? (20:05)
What routes can I take to become a speaker? (26:05)
How did you scale your business so you could serve more fully? (29:55)
How do you incorporate self compassion? (35:40)
The Cliff Notes:
Shift your mindset to focus on how you can earn more.
There’s no need to wait on a financial advisor.
It’s important to talk to someone who knows how to help you get to your goals.
You want to find a financial advisor you can have a personal relationship with.
Be willing to work with people virtually.
It’s not realistic to have a mentor you can talk to every day.
Don’t be distracted by a “coach's” fame and material possessions.
For podcasting, quality is the most important thing.
You should, absolutely, have a website even if it’s just a hobby right now.
If you are self publishing, sometimes you just need a new marketing strategy.
Reach out to people and send out samples to people - it’s an investment.
You can’t think of yourself as just an author, you have to think of yourself as a marketer.
Don’t hold back from getting media coaching.
You need to create opportunities to speak.
There’s a difference between your clients and your audience.
Know what you need to say no to so you are clear on what to say yes to.
Self compassion is knowing when your grace has run out.
Recognize your weaknesses and when things aren’t going how you planned.
Be willing to be flexible and know the world will now end.
Be truthful with people - you don’t need to make excuses.
“You don’t need gimmicks and tricks to earn more money.”
Thursday Apr 26, 2018
Malene Rix: You Get What You Negotiate
Thursday Apr 26, 2018
Thursday Apr 26, 2018
“Make it a habit to show the world what you do and what you dream about.” - Malene Rix
Most people have a really hard time negotiating. In fact, a lot of people give up before they even try.
I can understand why, especially if you’re a woman. Our society, sadly, still doesn’t respect and accept a woman negotiating on her own behalf.
There is hope, though! You can make negotiations much easier on yourself and the other party in a few simple ways.
The first way is to show your value every day. That doesn’t mean brag, show off, or be annoying. It just means strategically share and plant the seeds of your results and show your worth on an ongoing basis.
These little success stories will make it easier to negotiate later on, and the person you are negotiating with will be more likely to say “Yes!” with way less convincing.
Secondly, you need to believe in it. Your whole heart needs to be in the fact that you are valuable enough to get what you want and that there is real value in the results you bring.
The energy you create from the excitement about what you are bringing to the table will make a huge impact.
The last thing I’ll discuss here (and if you want a lot more insight, you better download this episode) is that you can’t be afraid of the “No.” Nos will come. It’s apart of the game of negotiation. Accept it, be ready for it, but set your heart in the yes.
To dive deeper into the power of negotiating, and the best ways to get what you want out of the, I have a very special guest: Malene Rix
Melane has worked as a negotiation advisor and trainer for the past 15 years.
She’s based in Copenhagen, Denmark and she’s worked with a huge number of both private and public sector clients ranging from ministries, municipalities, the Nordic Council of Ministers and the EU Commission to global corporations and management associations and unions.
Her focus has been on advising and teaching many different types of professionals, both employees and management.
Download this episode today, because you never know when you’ll have to negotiate next.
“Negotiation is a tool to create change in a better way.” - Malene Rix
The Cliff Notes:
The more you have a personal connection to what you are negotiating for, the more vulnerable you are.
If there wasn’t a no, there wouldn’t be a negotiation. There would just be an agreement.
It’s ok to be worried about negotiating.
Promote your worth on a daily basis.
There’s a price tag associated with your shine.
Make sure you show your results to help plant the seeds.
You have to make it as easy as possible for someone to give you what you want.
Both parties need to get something positive out of a negotiation.
In negotiation, we all have a need to get something.
You need to rediscover who you are.
Start small if you’re not sure about the direction of your reinvention.
You can’t think your way to a better life, you need to go test things.
When you start to change, people will react.
Being valuable in your own eyes will make others see the value in you.
You have to be prepared to fail.
“We need to believe it before we can ask anyone else to believe it.” - Malene Rix
Thursday Apr 19, 2018
Mikki Taylor: You Can Keep Your Makeover
Thursday Apr 19, 2018
Thursday Apr 19, 2018
“Character is your billboard.” - Miki Taylor
This week we’re continuing the You Deserve More series in acknowledgment of Women’s Equal Pay Day. Each year, I lead thousands of women through 20 principles that help them use their God-given gifts to earn more money. (Learn more at iwillearnmore.com)
Today, I see so many people doing things just for the attention.
Women dress the part they think others want to see. They do the make over to try and make everyone else happy.
How many times have you seen Instagram posts of someone getting all dolled up, but they had nowhere to go?
When you really connect with these people, they are empty. They are uncomfortable, and in the end people just walk all over them.
You need to be you.
Be unapologetically you.
Wear the things you want to wear, not what you think you should wear. If you like bright colors, wear it with pride.
Having that confidence to be true to yourself will show the world you respect yourself. Then, when they see that they will show you more respect.
Whether we like it or not, people judge from a first glance. If they look at you as someone who tries to please everyone they know they can walk all over you.
If they look at you and see the only person you are trying to please is yourself, they’ll want to please you as well.
For this episode of the Redefining Wealth Podcast I brought on a truly wonderful expert who knows about proving your value through your actions and your wardrobe: Mikki Taylor.
Mikki is a popular writer, motivational speaker and TV personality. She’s known as the country's leading authority on beauty and style for women-of-color.
She’s also a media veteran for more than three decades. Mikki is Editor-at-Large at ESSENCE Magazine, and the president of Mikki Taylor Enterprises, LLC, a strategic branding, consulting and communications company.
She took the time to discuss powerful knowledge from her new book, Editor in Chic. Be ready for this one, because she throws out so much wisdom you’ll need to listen to this episode multiple times.
Download this episode today to learn how you can stay true to yourself and be treated the way you deserve.
“Why live in the shadow of who you are meant to be when you can be the real thing?” - Miki Taylor
The Cliff Notes:
Stop living the dress rehearsal life.
You have to acknowledge everything you bring to the table.
Address people by their name.
Use manners and say please and thank you.
Technology has changed our language.
How will we teach if we don’t demonstrate our values?
You antenna should go up when you’ve been asked to compromise who you are.
If you don’t own it, you have to practice it.
Real change always stems from within
When people hate on us, it’s a plea for help.
Faith is nothing if it’s not defining your life.
You don’t want to just go through, you want to grow through.
Queens don’t belong on well-being welfare.
You have the choice to treat your body like a temple or a trailer park.
You don’t need anyone to tell you what you need - listen within.
When you don’t take care of yourself, you’re teaching people how to treat you.
Have an unapologetic view of who you are.
Dress to entertain yourself and not the world at large.
“Your life should demonstrate you know who you are.” - Miki Taylor
Thursday Apr 12, 2018
Luvvie Ajayi: Rock Your Gifts
Thursday Apr 12, 2018
Thursday Apr 12, 2018
This week we’re continuing the You Deserve More series in acknowledgment of Women’s Equal Pay Day. Each year, I lead thousands of women through 20 principles that help them use their God-given gifts to earn more money. (Learn more at iwillearnmore.com)
Many of the women I know struggle with the fact that they don’t get the same respect as men. We know that’s true, because we can see it in how we get paid.
When you find out that you are getting paid less for the same thing someone else is doing, it can be a shock. Most people keep quiet. They might be too upset to say anything. They may be afraid that it will tarnish their reputation if they speak up.
The truth is, someone needs to speak up. That someone should be you, because you’re not the only one going through these things.
Standing up for yourself will create a domino effect. When others hear you speak up, it will give them the strength to do the same.
Equality starts with you.
On this episode of Redefining Wealth, I have such a sensational guest who knows all too well the importance of this: Luvvie Ajayi
Luvvie is an award-winning writer and digital strategist who thrives at the intersection of comedy, technology and activism.
A twelve-year blogging veteran, she's the voice behind the respected and hilarious AwesomelyLuvvie.com, where she covers all things pop culture with razor sharp commentary and wit.
Her first book, I’m Judging You, was a New York times bestseller.
She’s also an amazingly powerful, and inspirational, speaker.
She sat down on this episode and shared a time when she was treated unfairly, financially, at a speaking engagement just because she is a black woman. What adds insult to injury is that they reached out to her because of her fame and popularity.
We also discussed the importance of pushing through your fears, and how you can build the best relationships right from the get got.
Hint: You don’t start by selfishly asking for something!
I know this is going to be an interview you take a lot away from. Get your pen and paper ready and then download this episode to learn how you can achieve the success you want and get the equality you deserve!
Thursday Apr 05, 2018
Doreen Rainey: Face Your Fears
Thursday Apr 05, 2018
Thursday Apr 05, 2018
“The big separator of those who win and those who settle is what they do when fear shows up.” - Doreen Rainey
This week, we’re kicking off the You Deserve More series in acknowledgment of Women’s Equal Pay Day. Each year, I lead thousands of women through 20 principles that help them use their God-given gifts to earn more money. (Learn more at iwillearnmore.com)
Talking with people over the years, I have found that the number one thing that holds them back is fear. I’m sure you know that feeling all too well.
You may be afraid of failure. You may be afraid of what people will think of you. You may even be afraid of your own success.
Whatever it is, you’re no alone.
I’m afraid all the time. Every time I start a new project, every time I step on stage to speak, I’m constantly confronted with fear.
And I want to get one thing straight before I continue: fear is not bad. Fear is meant to keep you safe. Fear is meant to protect you. It’s completely natural.
The difference between someone who is successful and someone who isn’t, is simply that a successful person won’t give in to the fear.
When you face your fears, and start that new project it becomes the new norm. The fear will go away in some areas, but you have to face it before it will disappear.
One example of that for me was this podcast. I had so many fears, and one of them was, “What if no one listens to me? What if they find my voice annoying?”
I did it anyway, and this podcast has been so much more successful so much faster than I expected. And you know what else? It’s not scary anymore. In fact, I look forward to it every single week.
To discuss fears further, and exactly how you can get over them, I brought you a very special guest: Doreen Rainey.
Doreen is known for her no-nonsense, direct approach.
She challenges her clients to move past the obstacles and excuses that block their forward motion. Pulling on her extensive education and experience in training and development, communications, personal growth, entrepreneurship and authentic living, she provides the foundation for the courses, programs and events that deliver the blueprint to empower her clients to take action.
As Founder and CEO of the RADICAL Success Institute and the Vice President, Operations, Act Like A Success; A Steve Harvey Company, she is driven by a singular vision: to help people define success for themselves and have the guts to go after it.
Download this episode now and learn how to identify your fears, where they come from, and how you can overcome them to build the wealth you deserve in all areas of life.
“You have to define what you want for yourself and then get the guts to go after it.” - Doreen Rainey
5 Common Fears:
Fear of failure
Fear of success
Fear of rejection
Fear of judgment
Fear of what ifs
The Cliff Notes:
We have to manage our fears.
Fear is non discriminatory.
Success can bring more responsibility and judgment.
Those who are successful are the ones who move forward despite their fears.
Know where your fears are based from.
The worst case scenario of being an entrepreneur is getting a job.
Don’t betray yourself to make others happy.
Go out and do something big, which you already know you’re called to do, you’re just afraid to step out there.
The first step of clarity is to choose what you want to move forward with.
Realize that no one really cares about you.
The first part of being radical is defining success for yourself.
You don’t get what you want, you get what you believe.
Don’t internalize other people’s opinions.
“A confused mind accomplishes nothing.” - Doreen Rainey
Thursday Mar 29, 2018
Bless Thy Enemy: They Just Aren’t Worth the Energy
Thursday Mar 29, 2018
Thursday Mar 29, 2018
“If something being said about you doesn’t hold up against the truth, it has to be dismissed.” - Mikki Taylor
No matter who you are, you are going to have haters. The unfortunate truth is the more successful you become, the more there will be, and they louder they will become. So you have to be mentally prepared to deal with the noise as we talk about in the FIT pillar.
One of the most important things you need to know is that you cannot let them distract you. You can’t let them take you off the path of your purpose, or make you doubt yourself.
I’m sure we all heard from our mamas the cliche’ that “Baby, they’re just jealous.” There’s truth in that. Your prosperity brings light to the fact that they may actually be either doing something wrong or just unsatisfied with where they are in life.
Instead of letting your haters bring you down, you can let their negative energy raise you up. Know that they are only there to test you and try to knock you off course, but if you keep your head up there’s a testimony in the end.
With things like social media today, it’s harder to escape those haters. Know that you aren’t alone. We all have them, and if you haven’t encountered them yet, count your blessings.
But know they will be coming, so be prepared.
There isn’t a single successful person who didn’t have haters. The more important they were, the stronger their haters. Martin Luther King Jr., Susan B. Anthony, and even Jesus had more than their share of haters.
They didn’t let their enemies hold them back. They only fueled their vision, and it’s important you learn from their lessons if you want to achieve greatness.
On this episode of Redefining Wealth I break down how you can overcome the struggles that not only I have dealt with from enemies, but that I see happening around me every day.
I made this episode to give you hope and help you see the light so you don’t get pulled down by their darkness. As Oprah says, “We must transcend darkness with our light.”
Download this episode today to learn how to not only stay above those who want to keep you down, but also how to use them to elevate your purpose even further.
“A life filled with silly social drama and gossip indicates that a person is disconnected from purpose and lacking meaningful goals.” - Brendon Burchard
The Cliff Notes:
As you create wealth and prosperity there will be haters - don’t give in to them.
Your winning shows them the reality of what they are doing wrong.
Blessing thy enemy is more for you than it is for them.
A blessing is “a public declaration of a favored status.”
When people are focused on their priorities they don’t have the time to be mean and nasty.
Meditate daily on the truth of what is instead of the stories of what if.
Don’t get caught up in petty gossip.
You are who you are, don’t let your character shift because of who you are in conflict with.
What you verbalize you magnify in your own light.
Sometimes the battle is in your own mind.
No one grows being stagnant, we grow in the face of adversity.
You can’t fight darkness with darkness.
You need mental clarity to achieve the wealth and prosperity you want.
“Let your haters be your elevation.”
Thursday Mar 22, 2018
Dr. Daniel Crosby: The Best Thing You Can Do is Nothing
Thursday Mar 22, 2018
Thursday Mar 22, 2018
“Wealth doesn’t equal intelligence.” - Dr. Daniel Crosby
Finances can be a very confusing thing for people, especially when it comes to investing.
You might think you need to have a detailed game plan on where to put all of your money, and check on your stocks every 30 seconds to make sure everything keeps going up and be ready to sell the moment things start to turns. Not true.
The best investors set it then forget it. In fact, a Fidelity study contacted all of their top investors to hear their secrets about their accounts. When they reached out, you know what they discovered? The top investors fell into one of two categories. Either they completely forgot about their Fidelity accounts until they received the phone call, or they were dead.
Investing is the easy part. The hard part is controlling your day to day behavior.
One place to start is to stop splurging or listening to social media stars who show off their garage full of sports cars without giving any real advice.
You don’t know their success or how they got it. Money doesn’t equal intelligence.
On this episode I bring you a very special guest who does have intelligence when it comes to investing: Dr. Daniel Crosby.
Dr. Crosby is at the forefront of behavioralizing finance. Educated at Brigham Young and Emory Universities, Dr. Daniel Crosby is a psychologist, behavioral finance expert and asset manager who applies his study of market psychology to everything from financial product design to security selection.
His ideas have appeared in the Huffington Post, Think Advisor, and Risk Management, as well as his monthly columns for WealthManagement.com and Investment News. Daniel was named one of the “12 Thinkers to Watch” by Monster.com, a “Financial Blogger You Should be Reading” by AARP and in the “Top 40 Under 40” by Investment News.
We are fortunate enough to have him on this episode to discuss the importance of investing, what makes a good investor, and how you can successfully start investing your own money.
Download this episode now and learn how you can get in the market and help secure your future.
“You need to be process driven, not results driven.” - Dr. Daniel Crosby
The Cliff Notes:
Personal finance is easy, it’s applying the knowledge that can be tough.
The way you frame your finances has a big impact on how you use them.
Fear is a very short term motivator.
Motivate your financial decisions with love.
Purpose is everything.
It’s better to ride out investments as opposed to jumping in and out.
Women are better investors than men.
Men can be overconfident, which is why they don’t make good traders.
You need a financial advisor because people are always stupid with their own money.
You can get results for the wrong reasons.
Be your own benchmark for success.
Wealth does not equal intelligence.
Be an informed consumer of social media.
Do an audit of your life to evaluate what us elevating you and what isn’t.
Your financial success depends on your ability to do the most boring parts.
“The more people trade, the worse they do.” - Dr. Daniel Crosby
Wednesday Mar 14, 2018
Birthday Q+A: Ask Patrice Anything
Wednesday Mar 14, 2018
Wednesday Mar 14, 2018
“My definition of forgiveness is giving up the possibility of a better past.”
On this special episode of the Redefining Wealth podcast, I answer questions from all of you about the situations you find yourselves in. I really hope you take as much or as little of my perspective as you feel is valuable.
This episode was a birthday gift for myself. I don’t take your loyalty lightly, and connecting with all of you through a Q&A conversation made me realize just how much I have to be thankful for.
Download this episode today to hear how I learned to advocate for myself and become the person you hear speaking to you.
When you finish this episode let me know what you thought of it by visiting www.PatriceWashington.com/31.
“Even after all the accolades and success, what truly defined me was finding myself in one humbling position after another.”
The Cliff Notes:
What defines us are the humbling moments, not success.
It takes time to recognize the gift you have inside yourself.
Use affirmations like, “I deserve to be wealthy because of the value I add to others.”
Don’t let ego get in the way of your work.
Recognize that your incidents and failures happened for you, not to you.
Remind your friends that you’re there for them.
Live a life that matters and people will feel your legacy.
Sit your loved ones down and teach them how to treat you.
Decide not to decide anything when trying to be still.
Nothing positive happens in isolation.
Forgive yourself for letting betrayers into your inner circle.
Don’t close yourself off to anyone unless they give you reason to.
“If you’re pouring light into others, you deserve to be wealthy.”
Thursday Mar 08, 2018
Marshawn Evans Daniels: It’s Time to Believe Bigger
Thursday Mar 08, 2018
Thursday Mar 08, 2018
“The goal is not to climb mountains. The goal is to move mountains.” - Marshawn Evans Daniels
Being successful can become an addiction.
If you’re not careful, you can spend your life striving to get the title, the money, the esteem or whatever you’re striving to check off your list, but achieving any of those things doesn’t necessarily equate to living in your purpose.
For many, discovering their purpose isn’t easy, though. It takes a lot of work, and the truth is it can feel like one of your greatest challenges. Especially because no one can “help you” find your purpose, they can only help you become aware of it.
You also can’t find your purpose intellectually. You can’t lock yourself in a room and think about your life, your experiences, and go “Oh, yeah. Here’s what I’m going to do to change the world.”
That’s never worked for anyone, ever, and it certainly isn’t enough to work for you.
To find your purpose you have to get out in the world. You have to get into the trenches, surround yourself with people and see how you impact their lives.
On this episode of Redefining Wealth, we are joined by the best person to help you become aware of your purpose: Marshawn Evans Daniels. Marshawn is a Reinvention Strategist, Millionaire Business Owner, Mentor, Best-Selling Author, TV Personality, Wife and Faith-Walker.
Download this episode today to hear her inspirational story and what it takes to find your purpose in this world.
“Purpose is more about personality then it is profession.”
- Marshawn Evans Daniels
The Cliff Notes:
There are two drivers: pleasure or pain.
God did not design you to succeed. He designed you to be capable of winning.
How are you naturally designed to impact, influence, and make the lives of other people better?
Purpose is not an intellectual exercise.
Your purpose is more about your personality than your profession.
You can be whatever you think you can if you first think you can.
Our gifts are great clues into who we should become.
We don’t take the time to work on ourselves.
Our lives are a message and designed to teach.
Bigger decisions take you into a bigger life.
People wrestle with God over the steering wheel.
You don’t figure it out intellectually.
When you believe bigger, the answer will be clearer.
We are taught to be risk managers, not how to be bold.
“Purpose is not an intellectual exercise, and it is not a checklist.” - Marshawn Evans