What Recession Means for Your Business with Heather Lahtinen
IN THIS EPISODE:
#165 - If you've listened to the news lately, you've probably heard the economy is basically a flaming dumpster fire: sky-high inflation, a looming recession, and mortgage rates rising like an early-pandemic sourdough. To all that, Heather Lahtinen says, "So what?"
When it comes to what the current economy means for your business, Heather—who's adding Certified Money Coach to her pages-long Curriculum Vitae—has some thoughts. And here's a clue: Don't try using "recession" as an excuse to avoid marketing. Not on Heather's watch!
What To Listen For:
- The simple 3-step business plan, no matter the economy
- How to know if we're in a recession (**trick-question alert**)
- What the "lipstick effect" means for your biz
- The mic-drop moment that's really good news!
- Why Heather believes that ignorance is bliss
If you're feeling anxious or—dog forbid—feeling defeated by the economic forecasts, you definitely need this episode. Fire it up and find out why the current climate is actually *good* news for photographers like you!
Resources From This Episode:
- Connect with us on Instagram and YouTube.
- Explore valuable pet photography resources here
- Discover effective pricing and sales strategies for all portrait photographers.
- Ready to grow your business? Elevate helps you do just that.
- Check out our recommended gear and favorite books.
Full Transcript ›
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Welcome back to The Hair of the Dog podcast.
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I'm your host,
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Nicole Begley,
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and today we're chatting with the one,
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the only,
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Heather Lahtinen.
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She's back on the podcast and we're talking all about impending
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recession and what that means for you and your photography business.
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Stay tuned.
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Welcome to The Hair of the Dog podcast.
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If you are a pet photographer,
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ready to make more money and start living a life by
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your design,
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you've come to the right place.
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And now your host,
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pet photographer,
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travel addict,
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chocolate martini connoisseur,
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Nicole Begley.
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Hey everybody.
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Welcome back to The Hair of the Dog podcast.
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I'm your host,
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Nicole Bagley,
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and here we are today.
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She's back once again.
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I feel like,
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I don't know,
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like a You gotta new,
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do something new.
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I know,
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but I don't have anything new.
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So anyway,
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she's back.
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The newness is,
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I have nothing new.
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It's Heather Laden,
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I'm jet lagged.
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I don't know what day it is or what time it
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is, but our productivity editing all the things Ninja is back.
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Heather Lotton and,
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Hi Heather.
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Hey, actually I have a new title.
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May I share it with you?
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Yes. Okay.
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It's not official yet,
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but I am on my way to becoming a certified money
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coach. Is this your 17th certification?
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Tell many certifications.
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Do you have?
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I don't know,
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I lost cow.
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I do love a good certification,
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but the reason all of them actually are out of necessity,
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meaning I,
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there's something I needed,
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you know,
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Right when I,
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when I got my Adobe certification,
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so I'm an Adobe certified expert in Photoshop,
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and when I got that,
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it was so I could learn it and then I teach
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it. So the money thing,
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you know,
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we've talked a lot about money together,
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right? And I clearly have issues around money.
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So I am going through a training so that I can
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coach myself and then hope,
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help our,
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our fellow photographer friends get better with their money stories.
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I love it.
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I love it.
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Because I mean,
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we talk about money so much on here and really it
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comes down to those money mindset things that you have in
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your head.
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And honestly,
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I think like success and photography businesses really comes down to
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that too.
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Because if you have this subconscious belief that you're not worth
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it or like that,
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you know,
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all this money is hard and this and that,
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then I think you just hide and don't even do anything
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to market your business.
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Because I can't tell you how many people,
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Heather, Heather,
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I'm talking probably eight or nine out of 10 people that
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I talk to that are like,
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Oh, I need more clients.
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Where do I get more clients?
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And I ask them one thing.
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I'm like,
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What are you doing right now?
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Yes, nothing I'm posting on social media a little bit,
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right? And gosh,
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you know,
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like it's really,
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really, business is simple.
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We just need to make some offers to people.
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And then some people say yes,
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and some people will say no,
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but so many photographers don't even like to make the offers
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because they have,
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whether they're conscious or unconscious,
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all these stories in their head about what that means or
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what's gonna happen or what happens if someone says no.
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And does that make them a failure?
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And you know,
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and again,
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that can all be at a subconscious level that you don't
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even realize is going on.
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So if you find yourself sitting at home right now and
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wondering what,
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why is my fall not booked up?
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Where are all these clients?
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And then ask yourself,
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Okay, what am I doing to actually market my business?
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And if you can't answer at least like three things off
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the top of your head that I'm doing X,
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Y, and Z,
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then we need to do some things.
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We need to take some actions to get out there to
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talk to people,
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to let them know you're a pet photographer.
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To ask them,
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Man, I would love to photograph your dog.
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Here's some information.
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Like we need to talk to people and let them know
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what's happening.
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I actually have a really simple approach to this and it's
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three steps.
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It is number one,
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meet people.
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Number two,
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tell them you are a pet photographer.
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And number three,
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make them an offer.
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And that's all you need to do on repeat all the
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time and how you meet people.
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Certainly there's online and there's offline and there are marketing strategies
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of course.
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But if you just focused on that,
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meet people,
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tell them you're a pet photographer,
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make an offer,
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then I think you would be surprised at how many clients
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you have.
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It really is that simple.
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Right? Right.
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And we just need to not be scared of doing that.
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Which, I mean,
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that's a whole nother conversation though.
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We're not really necessarily talking about today,
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but we're gonna have to maybe do another one on like
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just how to get over ourselves.
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Well, you talk to people.
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Yeah, You're gonna be hearing a lot more from me around
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this money conversation as I go through this certification.
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But I told our Elevate students yesterday,
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I said,
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Once I get this certification,
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you better watch out cuz I'm coming for you.
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I love it.
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I love it.
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I love it.
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All right,
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well speaking of money,
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we are talking a little bit about money today.
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And the one thing we wanted to talk about is,
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you know,
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unless you've been living under a rock,
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anytime that you turn on the news or scan headlines online
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or listen to anyone talking about the current state of our
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economy globally and us base really everywhere,
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you know,
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there's talks of recessions,
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there's talks of inflation that all of it has not changed.
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It's been going on all year,
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it's still going strong and people are scared.
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And photographers in general,
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I think,
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I think two things.
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Number one,
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some people literally like start to get the,
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oh my gosh,
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what does this mean?
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And they get kind of anxious about it.
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And then I feel like there's another half that will use
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that as an excuse of why they don't have any clients
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and why they're not marketing and oh well,
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why should I even bother?
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Cuz no one has any money anyway.
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Absolutely. They're telling themselves a story about what it means.
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And I wanna talk about this today because I actually delivered
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this training recently in our Elevate Live retreat talking about,
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number one,
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I wanna make a distinction between inflation and a recession because
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these are two different things we're talking about.
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And then number two,
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how do you inflation proof or recession proof your business?
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And I believe that I can help our photographer friends with
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this, but they have to believe that they're capable,
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they can find clients,
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people are still spending money and that that they're out there.
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Because the truth is everything becomes a self-fulfilling prophecy.
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So if you believe that nobody is spending money and there
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are no clients,
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you're not gonna get any clients.
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And then you're gonna try to tell me,
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see Heather told you so no way.
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No, because you just,
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you just created that result with your thinking.
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So let's start by talking specifically about inflation because that has
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been going on for the better part of this year.
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And the definition of inflation is a general increase in prices
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and the fall in the purchasing value of money.
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And that is,
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by the way,
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inflation is always happening.
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It's just that we saw a significant rise in inflation starting
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with the price of gas.
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So do you remember when that started happening?
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All the hoopla?
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Oh yeah.
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Yep, yep.
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Earlier this spring.
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Yeah, The price of gas and,
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and I feel like a lot of that chatter has died
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down. But I was speaking to a group and I said,
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You guys are so up in arms about the price of
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gas. Cuz I get it,
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it's expensive.
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Yeah. It costs more to fill up,
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especially if you have one of those urban assault vehicles and
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you're putting a hundred dollars in your tank.
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I get it.
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But this is the question I asked them,
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Is this really a problem for you or do you just
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not like it?
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Hmm. In other words,
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were you able to put gas in your vehicle?
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If the answer to that question is yes,
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then this,
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the price of gas was not a problem for you.
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You just didn't like it.
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And there is a difference.
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Does that make sense?
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It does.
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It does.
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Yeah. So I mean you're just basically talking about,
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you know,
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cuz certainly there are people out there that the price of
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gas, the price of food,
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the price of all of these things has gone up and
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they've had to make difficult decisions about like,
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what do I buy to feed my family?
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What do I put gas in my car?
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Like, do I pay the electric bill?
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So we're not discounting that because Correct.
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That that is a hard position to be in.
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And there are people out there in that and it's,
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that's just hard.
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But there's also a lot of us,
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like you said that,
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and part of it is,
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okay, maybe we don't like it,
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00:08:40,620 --> 00:08:42,380
but I think part of it also then goes to the
268
00:08:42,380 --> 00:08:43,940
anxiety part of their brain of like,
269
00:08:44,130 --> 00:08:47,580
this is going to keep continuing and if this keeps continuing,
270
00:08:47,580 --> 00:08:49,540
then I'm going to get to the point where I can't,
271
00:08:49,770 --> 00:08:52,740
I have to start making hard decisions and I can't fill
272
00:08:52,740 --> 00:08:53,260
up that tank,
273
00:08:53,260 --> 00:08:54,980
even though now it's,
274
00:08:55,580 --> 00:08:56,740
now it's not just a,
275
00:08:56,760 --> 00:08:57,260
you know,
276
00:08:57,350 --> 00:08:58,820
me being mad that it's a hundred dollars.
277
00:08:58,820 --> 00:09:01,380
Right. There is a distinct difference here.
278
00:09:01,380 --> 00:09:01,780
And I,
279
00:09:01,850 --> 00:09:02,540
I agree with you.
280
00:09:02,540 --> 00:09:03,660
Thank you for making that point,
281
00:09:03,660 --> 00:09:04,140
which is,
282
00:09:04,440 --> 00:09:07,820
I'm not discounting people who have to make a decision about
283
00:09:07,820 --> 00:09:10,300
feeding their family versus putting gas in the car is not
284
00:09:10,300 --> 00:09:11,140
what I'm talking about.
285
00:09:11,410 --> 00:09:14,940
Yeah. I'm talking about those of us who just complain for
286
00:09:14,940 --> 00:09:18,540
the sake of complaining when the truth is it's not really
287
00:09:18,540 --> 00:09:19,460
a problem for us,
288
00:09:19,470 --> 00:09:20,900
we just don't like it.
289
00:09:21,820 --> 00:09:22,740
And there's a difference.
290
00:09:22,750 --> 00:09:24,420
So if I just don't like something,
291
00:09:24,420 --> 00:09:25,860
then I need to shut up about it.
292
00:09:26,210 --> 00:09:26,660
I mean,
293
00:09:26,740 --> 00:09:27,620
let's be real.
294
00:09:27,630 --> 00:09:29,740
If, if you can afford to do it,
295
00:09:30,040 --> 00:09:32,860
and maybe that means you can't go on a vacation and
296
00:09:32,860 --> 00:09:34,420
you can't spend on something else,
297
00:09:34,560 --> 00:09:36,460
but you are able to do it,
298
00:09:36,850 --> 00:09:39,140
then what's the real issue here?
299
00:09:39,140 --> 00:09:39,580
We just,
300
00:09:39,580 --> 00:09:40,340
Okay, fair enough.
301
00:09:40,340 --> 00:09:40,940
We don't like it.
302
00:09:40,940 --> 00:09:41,260
All right.
303
00:09:41,280 --> 00:09:44,540
But the truth is that the people who suffer most when
304
00:09:44,540 --> 00:09:47,660
inflation is high or increasing at the rate that it is,
305
00:09:47,660 --> 00:09:49,180
are people that are on fixed incomes,
306
00:09:49,210 --> 00:09:53,620
such as the elderly or lower income.
307
00:09:53,870 --> 00:09:55,580
If you fit into that category,
308
00:09:55,650 --> 00:09:56,300
then yeah,
309
00:09:56,300 --> 00:09:57,620
inflation really hits you hard.
310
00:09:57,970 --> 00:10:01,460
Most of us are not elderly and on fixed and some
311
00:10:01,460 --> 00:10:03,020
are, I know that there are people that are on fixed
312
00:10:03,020 --> 00:10:04,500
incomes, most of us are not.
313
00:10:04,790 --> 00:10:08,820
So the government tries to control inflation and essentially they try
314
00:10:08,820 --> 00:10:11,660
to drive the prices down or stop them from increasing by
315
00:10:11,660 --> 00:10:14,860
making it more expensive to borrow money,
316
00:10:14,860 --> 00:10:18,340
which is why interest rates go up on mortgages and loans.
317
00:10:19,020 --> 00:10:22,260
Therefore people borrow less money,
318
00:10:22,260 --> 00:10:25,340
which drives demand and therefore the pricing goes down.
319
00:10:25,340 --> 00:10:26,180
Okay. So that's,
320
00:10:26,410 --> 00:10:30,140
that's the like big picture of what the government tries to
321
00:10:30,140 --> 00:10:34,900
do. So that means that fewer houses will get purchased and
322
00:10:34,900 --> 00:10:41,020
possibly fewer vehicles because money is now more expensive to borrow.
323
00:10:41,850 --> 00:10:47,740
I don't know anyone who's taking out loans for their photographer
324
00:10:47,740 --> 00:10:48,660
to pay their photographer.
325
00:10:49,060 --> 00:10:49,540
I don't,
326
00:10:49,540 --> 00:10:49,780
I mean,
327
00:10:49,780 --> 00:10:51,020
I'm not familiar with that model.
328
00:10:51,270 --> 00:10:54,180
So I don't know that that exists,
329
00:10:54,420 --> 00:11:00,900
which means the interest rates going up really don't affect the
330
00:11:00,900 --> 00:11:02,020
photography sector.
331
00:11:02,040 --> 00:11:02,740
Now, okay,
332
00:11:02,740 --> 00:11:03,220
just a minute,
333
00:11:03,760 --> 00:11:04,660
let me say this.
334
00:11:04,680 --> 00:11:07,900
You can beat inflation by making more money and raising your
335
00:11:07,900 --> 00:11:09,580
prices. That's what everybody is doing.
336
00:11:09,580 --> 00:11:11,300
That's what's happening in the market.
337
00:11:11,480 --> 00:11:12,620
And some people will say,
338
00:11:12,620 --> 00:11:14,100
I don't wanna be part of the problem.
339
00:11:14,980 --> 00:11:16,100
Well it's not a problem,
340
00:11:16,100 --> 00:11:18,820
it's just the economy and it's just the way that it
341
00:11:18,820 --> 00:11:20,620
goes. So it,
342
00:11:20,670 --> 00:11:25,140
it is true that things were more expensive,
343
00:11:25,280 --> 00:11:29,620
but then money becomes more expensive and then prices go down.
344
00:11:29,620 --> 00:11:31,860
And this has been happening for,
345
00:11:31,860 --> 00:11:32,300
you know,
346
00:11:33,010 --> 00:11:33,540
a long,
347
00:11:33,570 --> 00:11:34,740
long time.
348
00:11:35,190 --> 00:11:38,280
So I don't think it's as,
349
00:11:38,350 --> 00:11:39,360
okay, I'm being,
350
00:11:39,360 --> 00:11:42,200
I'm choosing my words carefully because I know it impacts people,
351
00:11:42,200 --> 00:11:44,880
but I don't think it's as a big deal on the
352
00:11:44,880 --> 00:11:46,680
photography industry as some might think,
353
00:11:47,190 --> 00:11:49,760
Well I like to look at it as,
354
00:11:49,760 --> 00:11:50,240
you know,
355
00:11:50,240 --> 00:11:51,320
no matter what's going on,
356
00:11:51,320 --> 00:11:52,040
like the,
357
00:11:52,040 --> 00:11:52,480
you know,
358
00:11:52,920 --> 00:11:56,640
financial meltdown of oh eight or you know,
359
00:11:57,280 --> 00:12:00,080
whatever the latest inflation of 2022,
360
00:12:00,980 --> 00:12:04,280
are there still people spending money on vacations?
361
00:12:04,460 --> 00:12:07,000
Are there still people spending money at nice dinners?
362
00:12:07,000 --> 00:12:08,960
Are there still people going to nice hotels?
363
00:12:08,960 --> 00:12:11,040
Are there still people buying Aires bags?
364
00:12:11,500 --> 00:12:12,560
Yes, yes,
365
00:12:12,940 --> 00:12:14,280
Yes. To all of those things.
366
00:12:14,280 --> 00:12:19,200
Yes. So therefore there are people that still have disposable income.
367
00:12:19,270 --> 00:12:21,120
This still is the same thing during covid.
368
00:12:21,310 --> 00:12:23,480
I mean we were so worried about that.
369
00:12:23,480 --> 00:12:23,880
And yeah,
370
00:12:23,880 --> 00:12:27,120
there was a time where we actually couldn't do anything because
371
00:12:27,120 --> 00:12:29,400
of lockdowns and we didn't know what was going on and
372
00:12:29,400 --> 00:12:30,760
you couldn't actually be with people.
373
00:12:31,340 --> 00:12:35,080
But then once the economy started to open up again,
374
00:12:35,770 --> 00:12:40,440
so many people had so much more disposable income because some
375
00:12:40,440 --> 00:12:42,440
of the things they were planning on spending it all they
376
00:12:42,440 --> 00:12:42,960
couldn't do.
377
00:12:42,960 --> 00:12:43,760
There it is.
378
00:12:43,760 --> 00:12:45,200
And that's exactly right.
379
00:12:45,200 --> 00:12:46,640
So they're actually it,
380
00:12:46,810 --> 00:12:47,800
believe it or not,
381
00:12:47,800 --> 00:12:49,040
it actually benefits us.
382
00:12:49,050 --> 00:12:51,920
So I'm gonna get into that in a second because there's
383
00:12:51,920 --> 00:12:54,160
a really interesting trend around this.
384
00:12:54,560 --> 00:12:57,080
But I wanna talk also about a recession.
385
00:12:57,140 --> 00:13:01,360
Yep. So currently we're experiencing very high inflation and there is
386
00:13:01,360 --> 00:13:02,040
talk of,
387
00:13:02,040 --> 00:13:04,280
we're in a recession or a recession is coming.
388
00:13:04,780 --> 00:13:06,160
And the truth is,
389
00:13:06,160 --> 00:13:09,480
the definition of a recession is a significant widespread,
390
00:13:09,480 --> 00:13:12,080
prolonged downturn in economic activity.
391
00:13:12,300 --> 00:13:17,280
And it is defined by two consecutive quarters of decline in
392
00:13:17,280 --> 00:13:20,040
a country's gross domestic product.
393
00:13:20,100 --> 00:13:23,880
The GDP has to go down for two quarters in a
394
00:13:23,880 --> 00:13:27,400
row for us to say we are officially in a recession.
395
00:13:27,400 --> 00:13:31,400
Therefore any news outlet or any person that you hear or
396
00:13:31,580 --> 00:13:36,400
see right now saying we're in a recession is lying because
397
00:13:36,400 --> 00:13:39,680
there's no way that they know that those numbers are actually
398
00:13:39,680 --> 00:13:42,160
not reported accurately until a year later.
399
00:13:42,750 --> 00:13:46,000
Recessions are never known in the present.
400
00:13:46,630 --> 00:13:48,400
They only fine in the past.
401
00:13:48,400 --> 00:13:50,880
That's great because the average recession time,
402
00:13:50,880 --> 00:13:52,640
I was listening to someone chat about this the other day,
403
00:13:53,320 --> 00:13:54,600
in the financial sector,
404
00:13:54,820 --> 00:13:57,240
the average length of a recession is a year,
405
00:13:57,470 --> 00:13:58,280
11 Months.
406
00:13:58,560 --> 00:14:01,600
Yes. And by the time that it is announced,
407
00:14:01,600 --> 00:14:02,520
it's basically done.
408
00:14:02,520 --> 00:14:04,800
Correct. So by the time it's an official recession,
409
00:14:04,870 --> 00:14:06,000
it's pretty much over.
410
00:14:06,000 --> 00:14:07,920
Correct. And even I think it was oh eight,
411
00:14:07,920 --> 00:14:09,920
that was the worst and the longest and that was eight
412
00:14:09,920 --> 00:14:11,000
months. Yes,
413
00:14:11,000 --> 00:14:12,320
correct. You are right.
414
00:14:12,770 --> 00:14:16,560
So most recessions on average last less than a year and
415
00:14:16,560 --> 00:14:18,120
they are defined after the event.
416
00:14:18,120 --> 00:14:20,760
Right. So if so stop listening to the news.
417
00:14:20,870 --> 00:14:24,040
Okay. They do not know if we are in a recession
418
00:14:24,040 --> 00:14:26,360
and they will not know until a year from now.
419
00:14:26,360 --> 00:14:26,840
In fact,
420
00:14:26,900 --> 00:14:30,280
the financial advisors that I follow are actually predicting that the
421
00:14:30,280 --> 00:14:33,960
recession will be in late 23 if not early 24,
422
00:14:34,110 --> 00:14:34,760
like that.
423
00:14:34,760 --> 00:14:37,920
It is not happening now because the GDP has not gone
424
00:14:37,920 --> 00:14:39,480
down to consecutive quarters.
425
00:14:39,620 --> 00:14:42,680
Did you know that there was a recession in 2020?
426
00:14:43,250 --> 00:14:44,680
It lasted four months.
427
00:14:44,680 --> 00:14:45,720
Yeah, four months.
428
00:14:46,130 --> 00:14:47,040
So nobody,
429
00:14:47,430 --> 00:14:48,520
nobody knew that.
430
00:14:48,520 --> 00:14:49,960
Most people don't know that,
431
00:14:49,960 --> 00:14:50,720
that that happened.
432
00:14:51,330 --> 00:14:55,080
So why would you let a recession ruffle your feathers?
433
00:14:55,400 --> 00:14:58,320
Right. Well it's just taking your power away from you being
434
00:14:58,320 --> 00:14:59,560
able to do anything about it.
435
00:14:59,560 --> 00:15:00,720
Right, Exactly.
436
00:15:00,820 --> 00:15:01,480
And listen,
437
00:15:01,840 --> 00:15:03,360
there is a storm coming,
438
00:15:03,380 --> 00:15:03,920
you know,
439
00:15:03,920 --> 00:15:06,560
there's always an economic storm on the horizon,
440
00:15:07,180 --> 00:15:08,440
but they come,
441
00:15:08,440 --> 00:15:08,840
they go,
442
00:15:08,840 --> 00:15:10,560
they don't last long.
443
00:15:11,010 --> 00:15:13,080
So don't get,
444
00:15:13,510 --> 00:15:16,120
Okay, I understand a lot of people getting caught up in
445
00:15:16,120 --> 00:15:17,320
inflation prices are high,
446
00:15:17,320 --> 00:15:20,920
but do not get caught up in this whole idea of
447
00:15:20,920 --> 00:15:25,440
a recession because it has not happened yet.
448
00:15:25,490 --> 00:15:26,320
It could happen,
449
00:15:26,370 --> 00:15:27,200
it may happen,
450
00:15:27,620 --> 00:15:30,480
but I don't know how often do you sit around looking
451
00:15:30,480 --> 00:15:33,040
at the GDP Every day?
452
00:15:33,040 --> 00:15:33,680
Yeah, no,
453
00:15:33,680 --> 00:15:34,120
no, no,
454
00:15:34,120 --> 00:15:34,600
I really Don't.
455
00:15:34,600 --> 00:15:36,400
Yeah, never.
456
00:15:36,650 --> 00:15:39,240
No, but you're not paying attention to GDP to see if
457
00:15:39,240 --> 00:15:42,280
it's going down to consecutive quarters in a row.
458
00:15:42,280 --> 00:15:45,280
Yeah. So I mean you can like release the reins on
459
00:15:45,280 --> 00:15:46,440
this whole idea of a recession.
460
00:15:46,700 --> 00:15:49,440
But what's even more interesting about this is what I wanted
461
00:15:49,440 --> 00:15:54,880
to talk about specifically today is something called the lipstick effect.
462
00:15:55,310 --> 00:15:56,440
Have you heard of This?
463
00:15:56,630 --> 00:15:57,360
I have not.
464
00:15:57,810 --> 00:15:58,840
Oh, okay.
465
00:15:58,840 --> 00:16:04,320
The lipstick effect is when consumers still spend money on small
466
00:16:04,800 --> 00:16:07,280
indulgences during recessions,
467
00:16:08,120 --> 00:16:09,000
economic downturns,
468
00:16:09,170 --> 00:16:12,960
or when they personally have little cash,
469
00:16:13,310 --> 00:16:16,520
they do not have enough to spend on big ticket luxury
470
00:16:16,520 --> 00:16:17,680
items. However,
471
00:16:18,030 --> 00:16:23,080
many still find the cash to purchase small luxury items such
472
00:16:23,090 --> 00:16:24,960
as premium lipstick.
473
00:16:24,960 --> 00:16:25,840
And for this reason,
474
00:16:26,200 --> 00:16:31,560
companies that benefit from the lipstick effect tend to be resilient
475
00:16:31,720 --> 00:16:33,920
during economic downturns.
476
00:16:34,060 --> 00:16:35,000
And guess what?
477
00:16:35,400 --> 00:16:39,600
Category photography falls into this Really,
478
00:16:39,630 --> 00:16:41,560
Even if it's a thousand,
479
00:16:41,560 --> 00:16:42,880
$2,000. Yes,
480
00:16:43,230 --> 00:16:43,640
I was,
481
00:16:43,640 --> 00:16:44,880
I was talking to a friend of ours.
482
00:16:44,880 --> 00:16:46,720
Is This a lot more than a $10 lipstick?
483
00:16:46,720 --> 00:16:48,120
I don't even know what lipsticks cost.
484
00:16:48,210 --> 00:16:49,920
No. Well let me tell you about lipstick.
485
00:16:50,560 --> 00:16:51,360
I'll come back to that.
486
00:16:51,360 --> 00:16:53,720
I was talking to a mutual friend of ours recently and
487
00:16:53,720 --> 00:16:54,160
she said,
488
00:16:54,330 --> 00:16:54,880
So you,
489
00:16:54,880 --> 00:16:56,320
are you suggesting that,
490
00:16:56,320 --> 00:16:56,640
you know,
491
00:16:56,640 --> 00:16:58,200
we just sell lower packages,
492
00:16:58,200 --> 00:16:58,960
right? And I said,
493
00:16:58,960 --> 00:16:59,440
No, no,
494
00:16:59,440 --> 00:17:00,480
no, no.
495
00:17:01,470 --> 00:17:07,680
I am suggesting that we are immune to economic downturns in
496
00:17:07,680 --> 00:17:08,880
their entirety.
497
00:17:09,110 --> 00:17:12,480
I don't care if you are charging $150 or you have
498
00:17:12,680 --> 00:17:13,920
$5,000 sessions.
499
00:17:14,350 --> 00:17:17,560
I think we're immune to it because we fall in this
500
00:17:17,840 --> 00:17:20,080
category of luxury items.
501
00:17:20,570 --> 00:17:24,200
So this coin was termed by Leonard,
502
00:17:25,650 --> 00:17:26,600
oh, let me say this right?
503
00:17:26,840 --> 00:17:27,240
Est a louder,
504
00:17:27,240 --> 00:17:28,400
Leonard louder.
505
00:17:28,760 --> 00:17:30,000
It's a bit of a tongue twister.
506
00:17:30,090 --> 00:17:32,680
He coined this term after nine 11.
507
00:17:33,450 --> 00:17:34,680
So nine 11 happened,
508
00:17:35,590 --> 00:17:38,120
like the economy just went in the tanks,
509
00:17:38,120 --> 00:17:39,440
everybody was in fear,
510
00:17:39,660 --> 00:17:41,960
but people were still buying lipstick,
511
00:17:41,960 --> 00:17:42,760
luxury lipstick.
512
00:17:42,760 --> 00:17:46,240
So luxury lipstick tends to be in the 30 to $40
513
00:17:46,240 --> 00:17:50,240
range for a tube where That's right there with an airme
514
00:17:50,240 --> 00:17:50,920
bag for me.
515
00:17:50,920 --> 00:17:51,880
Yeah, a little bit.
516
00:17:51,880 --> 00:17:52,360
A little bit.
517
00:17:52,370 --> 00:17:55,400
If you go to say Target and you buy,
518
00:17:55,960 --> 00:17:56,280
you know,
519
00:17:56,280 --> 00:17:57,400
Cover Girl Maybelline,
520
00:17:57,450 --> 00:18:00,040
L'Oreal, these lipsticks are around $10.
521
00:18:00,290 --> 00:18:04,080
So that's a drugstore price on a lipstick versus a luxury
522
00:18:04,520 --> 00:18:08,000
lipstick. So I actually own a few luxury lipsticks,
523
00:18:08,280 --> 00:18:10,640
which is so funny for me because usually I'm like,
524
00:18:10,640 --> 00:18:11,920
oh, I'm not spending that money.
525
00:18:12,420 --> 00:18:17,400
But people will do that because they wanna feel in control
526
00:18:17,460 --> 00:18:20,080
and they wanna feel like they have some agency,
527
00:18:20,080 --> 00:18:21,160
they can still spend their money,
528
00:18:21,160 --> 00:18:22,080
they can still do things.
529
00:18:22,110 --> 00:18:25,400
Even if they can't take the vacation by the car or
530
00:18:25,400 --> 00:18:25,640
the house,
531
00:18:25,950 --> 00:18:27,080
they will still,
532
00:18:27,460 --> 00:18:30,680
not only will they still spend money on these other items,
533
00:18:30,780 --> 00:18:34,360
but they will seek them out more because of what you
534
00:18:34,360 --> 00:18:35,360
said a few moments ago,
535
00:18:35,360 --> 00:18:36,920
which is they're not spending them,
536
00:18:36,920 --> 00:18:40,040
they can't get the house this year cuz they can't borrow
537
00:18:40,040 --> 00:18:42,000
money at 9% interest or you know,
538
00:18:42,200 --> 00:18:42,840
wherever it's headed.
539
00:18:43,450 --> 00:18:47,160
So, but they will spend money on other items because they
540
00:18:47,160 --> 00:18:49,040
wanna feel normal.
541
00:18:49,100 --> 00:18:54,920
And we fall into that category that means affordable.
542
00:18:54,920 --> 00:18:56,120
I'm using air quotes here,
543
00:18:56,120 --> 00:19:02,840
affordable luxuries like photography actually rise in economic downturns.
544
00:19:03,070 --> 00:19:04,480
What? What?
545
00:19:04,540 --> 00:19:05,200
Mic drop.
546
00:19:05,470 --> 00:19:06,120
It's True,
547
00:19:06,270 --> 00:19:06,960
it's true.
548
00:19:07,550 --> 00:19:10,320
I, I had a thought too along with those interest rates
549
00:19:10,320 --> 00:19:11,600
and the inflation bit,
550
00:19:11,600 --> 00:19:12,080
you know?
551
00:19:12,080 --> 00:19:13,880
Yeah. It's more expensive to buy a house.
552
00:19:13,880 --> 00:19:15,520
It's more expensive to buy a car,
553
00:19:16,220 --> 00:19:18,680
but most of us aren't buying a house right now.
554
00:19:18,950 --> 00:19:19,840
A lot of people,
555
00:19:19,840 --> 00:19:22,280
a lot of our target market already either has a house
556
00:19:22,610 --> 00:19:23,320
or they're,
557
00:19:23,320 --> 00:19:23,640
you know,
558
00:19:23,640 --> 00:19:26,560
it's really affecting mostly the people that need to make those
559
00:19:26,840 --> 00:19:29,160
decisions, those purchases over the next couple years.
560
00:19:29,820 --> 00:19:31,080
And you know,
561
00:19:31,080 --> 00:19:33,480
there's maybe a lot of clients out there that refind a
562
00:19:33,480 --> 00:19:34,040
couple years ago,
563
00:19:34,070 --> 00:19:35,000
a year and a half ago,
564
00:19:35,000 --> 00:19:36,960
and they're sitting on two and a half percent interest and
565
00:19:36,960 --> 00:19:37,240
they're like,
566
00:19:37,550 --> 00:19:39,280
with all of this extra income,
567
00:19:39,460 --> 00:19:41,240
I'm gonna take some pictures of my dog.
568
00:19:41,810 --> 00:19:44,080
Exactly. I'm gonna get a dog,
569
00:19:44,150 --> 00:19:45,440
a new dog or a puppy,
570
00:19:45,440 --> 00:19:47,440
or I'm gonna get training or I'm gonna get photos.
571
00:19:47,780 --> 00:19:49,040
The money is there.
572
00:19:49,690 --> 00:19:54,560
So what I am suggesting is that you shouldn't worry about
573
00:19:54,560 --> 00:19:56,240
whether or not people are going to spend money,
574
00:19:56,530 --> 00:19:58,240
or at least you shouldn't be blaming it,
575
00:19:58,700 --> 00:20:00,080
any of it on the economy.
576
00:20:01,390 --> 00:20:04,680
That is not an excuse that I am willing to entertain.
577
00:20:05,820 --> 00:20:09,910
Yeah. And what good does it do to blame it on
578
00:20:09,910 --> 00:20:10,470
the economy?
579
00:20:10,670 --> 00:20:14,150
All that does is it lets you off the hook for
580
00:20:14,150 --> 00:20:17,630
having to do anything about it because it's something you can't
581
00:20:17,630 --> 00:20:18,830
control. Exactly.
582
00:20:19,780 --> 00:20:22,150
Always gonna be things we can't control.
583
00:20:22,150 --> 00:20:23,590
There's always gonna be market forces,
584
00:20:23,590 --> 00:20:27,390
there's always gonna be things shifting what our customers want,
585
00:20:27,420 --> 00:20:28,630
shifting the business.
586
00:20:29,290 --> 00:20:33,230
And we can either go along with that and ask ourselves,
587
00:20:33,260 --> 00:20:36,150
Okay, what do I need to do with my business to
588
00:20:36,150 --> 00:20:37,150
get in front of the right people?
589
00:20:37,150 --> 00:20:38,510
What do I need to offer?
590
00:20:39,640 --> 00:20:44,030
Or we can just say up the economy's crap.
591
00:20:44,400 --> 00:20:46,110
Exactly. Can't do,
592
00:20:46,110 --> 00:20:47,070
can't control it,
593
00:20:47,240 --> 00:20:48,520
can't do anything about it.
594
00:20:48,520 --> 00:20:50,080
So my hands are tied.
595
00:20:50,080 --> 00:20:51,760
Nicole, what do you want me to do?
596
00:20:54,070 --> 00:20:55,360
Yeah, yeah.
597
00:20:55,360 --> 00:20:57,600
It's just not an excuse I'm going to listen to,
598
00:20:57,600 --> 00:21:00,400
I'm working on this training for Elevate around something I'm calling
599
00:21:00,400 --> 00:21:01,560
the belief triad.
600
00:21:01,560 --> 00:21:04,560
And one of the beliefs that you must have is that
601
00:21:04,560 --> 00:21:07,640
people are able and willing to spend money with you.
602
00:21:08,060 --> 00:21:10,600
You must believe that.
603
00:21:10,970 --> 00:21:13,560
So I was working with someone yesterday on a lifeline and
604
00:21:13,560 --> 00:21:13,960
she said,
605
00:21:13,960 --> 00:21:15,360
Well I gave her the pricing,
606
00:21:15,360 --> 00:21:16,360
but I think I just,
607
00:21:16,360 --> 00:21:16,720
you know,
608
00:21:16,790 --> 00:21:17,480
I think it's,
609
00:21:17,590 --> 00:21:18,720
I might be too expensive.
610
00:21:18,720 --> 00:21:19,600
It might be expensive.
611
00:21:19,600 --> 00:21:20,200
And I said,
612
00:21:20,220 --> 00:21:22,440
You are no longer permitted to use that word around me
613
00:21:22,800 --> 00:21:25,800
because what you view is expensive may not be the same
614
00:21:26,040 --> 00:21:27,960
as me and certainly isn't the same for your client.
615
00:21:27,960 --> 00:21:29,600
So I want you to write this down.
616
00:21:30,070 --> 00:21:35,840
People are able and willing to spend money with me because
617
00:21:36,010 --> 00:21:37,360
no matter what the economy,
618
00:21:37,590 --> 00:21:38,560
that's the truth.
619
00:21:38,560 --> 00:21:39,040
And if,
620
00:21:39,040 --> 00:21:40,000
if everybody's like,
621
00:21:40,090 --> 00:21:40,960
Oh Heather,
622
00:21:40,960 --> 00:21:42,800
but this is different or how do you know?
623
00:21:42,800 --> 00:21:43,640
Okay, I have proof.
624
00:21:43,790 --> 00:21:44,520
I have proof.
625
00:21:44,630 --> 00:21:47,800
I do not teach from merely my theories.
626
00:21:47,800 --> 00:21:48,760
Okay? Sometimes I do,
627
00:21:49,120 --> 00:21:49,840
sometimes I do.
628
00:21:50,580 --> 00:21:51,680
But this is not One of those things.
629
00:21:51,680 --> 00:21:52,640
This is not one of those times.
630
00:21:52,640 --> 00:21:56,760
And I have proof because of 2008 and 2009,
631
00:21:56,760 --> 00:21:57,720
the recession,
632
00:21:57,720 --> 00:21:58,880
the housing market crash,
633
00:21:58,880 --> 00:21:59,880
which was really bad,
634
00:21:59,880 --> 00:22:01,520
the longest recession that we've seen,
635
00:22:01,830 --> 00:22:04,640
I did not know it was a thing or that it
636
00:22:04,640 --> 00:22:05,160
was happening.
637
00:22:05,230 --> 00:22:07,080
I didn't have any idea what was going on.
638
00:22:07,080 --> 00:22:08,040
People Were still getting Married,
639
00:22:08,190 --> 00:22:10,280
they were still getting married.
640
00:22:10,660 --> 00:22:11,600
And it was,
641
00:22:11,600 --> 00:22:13,040
it was like the busiest,
642
00:22:13,050 --> 00:22:14,520
it was the peak of my business.
643
00:22:14,590 --> 00:22:16,320
I was shooting 30 weddings a year.
644
00:22:16,670 --> 00:22:18,640
I was busier than I had ever been.
645
00:22:18,640 --> 00:22:19,880
Money was rolling in,
646
00:22:19,880 --> 00:22:21,480
I had no clue what was happening.
647
00:22:21,670 --> 00:22:24,600
Mostly because I was too busy to pay attention.
648
00:22:25,140 --> 00:22:27,760
And social media wasn't like it is now.
649
00:22:27,760 --> 00:22:28,560
I mean it was,
650
00:22:28,560 --> 00:22:31,000
that was certainly the birth of Facebook around that time.
651
00:22:31,000 --> 00:22:31,480
It hit a tipping.
652
00:22:31,480 --> 00:22:34,920
Right. But I certainly wasn't watching the news.
653
00:22:34,920 --> 00:22:35,280
I mean,
654
00:22:35,280 --> 00:22:36,040
most people don't,
655
00:22:36,040 --> 00:22:37,680
but they get their news from social media.
656
00:22:38,050 --> 00:22:40,680
If you didn't know it was happening,
657
00:22:40,680 --> 00:22:41,680
would it affect you?
658
00:22:42,200 --> 00:22:43,680
Right? I mean,
659
00:22:43,710 --> 00:22:44,320
I don't know.
660
00:22:44,420 --> 00:22:46,800
You might notice that prices are have gone up,
661
00:22:46,800 --> 00:22:50,000
but if you just didn't pay attention,
662
00:22:50,000 --> 00:22:51,520
which is what happened to me,
663
00:22:51,950 --> 00:22:54,680
I was too busy working.
664
00:22:56,470 --> 00:22:58,960
I was working and I was earning money.
665
00:22:58,960 --> 00:23:01,160
And it was actually that year I bought my mom a
666
00:23:01,160 --> 00:23:02,280
car for a birthday present.
667
00:23:02,280 --> 00:23:03,160
Okay? It was,
668
00:23:03,290 --> 00:23:05,440
it was used and not very expensive,
669
00:23:05,440 --> 00:23:07,360
but I was able to write a check to buy her
670
00:23:07,360 --> 00:23:07,600
a car.
671
00:23:07,600 --> 00:23:11,520
And I had no clue that there was some major economic
672
00:23:12,000 --> 00:23:13,960
downturn that we were living through.
673
00:23:14,060 --> 00:23:15,000
And the truth is,
674
00:23:15,000 --> 00:23:17,880
I didn't even really know much about it till after,
675
00:23:18,140 --> 00:23:19,040
but that,
676
00:23:19,230 --> 00:23:20,160
that is,
677
00:23:20,550 --> 00:23:21,800
that would be the case now.
678
00:23:21,800 --> 00:23:22,880
Meaning again,
679
00:23:22,880 --> 00:23:24,880
it's not defined until a year later.
680
00:23:24,970 --> 00:23:25,640
So Right.
681
00:23:25,660 --> 00:23:27,840
You, you may suspect,
682
00:23:28,450 --> 00:23:32,120
or all of the analysts may suspect we're in a recession
683
00:23:32,120 --> 00:23:32,880
because of the gdp,
684
00:23:33,060 --> 00:23:33,680
but they,
685
00:23:33,680 --> 00:23:38,080
they actually cannot say that with any integrity until a year
686
00:23:38,080 --> 00:23:40,160
after. So I'm just not gonna listen to it.
687
00:23:41,770 --> 00:23:45,760
So therefore it does not exist yet.
688
00:23:46,640 --> 00:23:47,360
Yeah, no,
689
00:23:47,360 --> 00:23:48,040
and I think,
690
00:23:48,180 --> 00:23:48,680
you know,
691
00:23:48,680 --> 00:23:49,080
you guys,
692
00:23:49,390 --> 00:23:51,560
I want you to hear the intent of what we're saying
693
00:23:51,560 --> 00:23:52,680
here. And that is,
694
00:23:53,510 --> 00:23:54,680
like I just said,
695
00:23:54,680 --> 00:23:57,440
like the only thing you can control is how you're gonna
696
00:23:57,440 --> 00:23:58,880
react to certain situations.
697
00:23:59,060 --> 00:24:00,320
How you're gonna show up,
698
00:24:00,350 --> 00:24:01,400
what you're gonna do,
699
00:24:01,470 --> 00:24:04,440
what you're gonna choose to believe and what you're gonna choose
700
00:24:04,450 --> 00:24:06,280
to, to take action on.
701
00:24:06,900 --> 00:24:10,160
And so long is there are,
702
00:24:10,160 --> 00:24:13,830
like, that's my litmus test when I need to like reconvince
703
00:24:13,830 --> 00:24:16,190
myself that people will pay my prices or,
704
00:24:16,190 --> 00:24:16,590
you know,
705
00:24:16,920 --> 00:24:17,830
because I,
706
00:24:17,830 --> 00:24:18,630
it still happens to me.
707
00:24:18,630 --> 00:24:20,990
Heather, I've been in this business for 12 years and every
708
00:24:20,990 --> 00:24:21,630
once in a while I'm just like,
709
00:24:23,300 --> 00:24:26,160
why? Why do I think I can charge These rates for
710
00:24:26,160 --> 00:24:26,800
My photography?
711
00:24:27,630 --> 00:24:29,920
Like, like it still happens to me.
712
00:24:30,060 --> 00:24:32,200
Yes. And and I would say,
713
00:24:32,200 --> 00:24:34,120
I mean my rates aren't the highest.
714
00:24:34,290 --> 00:24:36,760
They're, they're good boutique.
715
00:24:36,760 --> 00:24:38,160
My average is $3,200.
716
00:24:38,160 --> 00:24:38,720
So it's like,
717
00:24:38,720 --> 00:24:39,920
it's a good business,
718
00:24:40,780 --> 00:24:44,440
but I'm certainly not the most expensive and I still just
719
00:24:44,680 --> 00:24:47,080
like, well I should probably lower those.
720
00:24:47,680 --> 00:24:48,440
Like, no,
721
00:24:48,650 --> 00:24:49,360
No, no,
722
00:24:49,360 --> 00:24:50,200
I should not lower them.
723
00:24:50,910 --> 00:24:53,440
Yeah. You just hit yourself on your own wrists.
724
00:24:53,440 --> 00:24:54,880
Yeah, yeah.
725
00:24:54,880 --> 00:24:55,600
No, no.
726
00:24:55,600 --> 00:24:56,840
Because it's never the price.
727
00:24:56,950 --> 00:24:58,120
It's never the price.
728
00:24:58,120 --> 00:25:01,840
Even, even when everything is fine and you're not worried about
729
00:25:01,840 --> 00:25:02,400
the economy,
730
00:25:02,690 --> 00:25:03,640
it is never,
731
00:25:03,640 --> 00:25:04,480
never the price.
732
00:25:04,480 --> 00:25:07,120
And here's how I know that if you lowered the price
733
00:25:07,120 --> 00:25:08,480
and offered it to the same people,
734
00:25:08,480 --> 00:25:10,280
those same people still would not buy.
735
00:25:10,560 --> 00:25:12,320
Right? This Is not about the price.
736
00:25:12,430 --> 00:25:13,480
Yeah. And so,
737
00:25:13,480 --> 00:25:15,720
yeah, my litmus test for like trying to,
738
00:25:16,170 --> 00:25:17,520
to accept that,
739
00:25:17,520 --> 00:25:17,880
Oh yeah,
740
00:25:17,880 --> 00:25:18,680
no, it's fine.
741
00:25:18,810 --> 00:25:21,160
Is so long as there are luxury car sales,
742
00:25:21,410 --> 00:25:23,440
so long as there are luxury restaurants,
743
00:25:23,440 --> 00:25:24,280
luxury hotels,
744
00:25:24,280 --> 00:25:25,760
people are still doing that.
745
00:25:25,910 --> 00:25:30,520
Like, the only reason that I think we as photographers should
746
00:25:30,520 --> 00:25:33,920
be concerned about the viability of our business is if we
747
00:25:33,920 --> 00:25:37,520
get to a point where the majority of the country does
748
00:25:37,520 --> 00:25:39,840
not have their basic needs met.
749
00:25:39,840 --> 00:25:40,640
Right. Okay.
750
00:25:40,890 --> 00:25:41,800
If that happens,
751
00:25:41,800 --> 00:25:42,880
we've Got a bigger problem.
752
00:25:42,880 --> 00:25:44,120
There's a lot of big,
753
00:25:44,460 --> 00:25:46,680
big stuff going on that this is like,
754
00:25:46,680 --> 00:25:48,960
you're not even worried about your business anymore cuz you are
755
00:25:48,960 --> 00:25:49,960
also worried for survival.
756
00:25:49,980 --> 00:25:51,080
Yes, yes.
757
00:25:51,350 --> 00:25:52,080
It's Different.
758
00:25:52,080 --> 00:25:53,120
Unless that happens.
759
00:25:54,640 --> 00:25:57,480
There are clients out there that still want your services,
760
00:25:57,480 --> 00:25:59,400
There are clients out there that are happy to pay for
761
00:25:59,400 --> 00:26:02,960
your services and there are clients out there that by paying
762
00:26:03,350 --> 00:26:05,040
full price for your services,
763
00:26:05,040 --> 00:26:08,400
well actually value their experience more than if you gave it
764
00:26:08,400 --> 00:26:09,120
to them for free.
765
00:26:09,210 --> 00:26:10,000
Oh, For sure.
766
00:26:10,570 --> 00:26:11,680
Oh, absolutely.
767
00:26:11,680 --> 00:26:13,360
Because when you don't pay for something,
768
00:26:13,360 --> 00:26:14,240
you don't value it.
769
00:26:14,720 --> 00:26:17,640
I would argue that for photographers,
770
00:26:18,310 --> 00:26:23,280
they should look at this as a unique opportunity because of
771
00:26:23,280 --> 00:26:25,080
the lipstick effect phenomenon.
772
00:26:25,510 --> 00:26:29,320
That a downturn in the economy is actually good for us.
773
00:26:29,670 --> 00:26:30,360
It's not,
774
00:26:30,910 --> 00:26:32,080
it's not a scary thing,
775
00:26:32,110 --> 00:26:33,120
it's not a bad thing.
776
00:26:33,120 --> 00:26:36,160
It's not gonna take out our business or our industry.
777
00:26:36,160 --> 00:26:40,280
We don't have to worry about raising our prices or lowering
778
00:26:40,280 --> 00:26:42,320
our prices or anything around that.
779
00:26:42,710 --> 00:26:47,480
I think there's a unique opportunity here for people who can,
780
00:26:47,900 --> 00:26:48,920
who believe this,
781
00:26:48,920 --> 00:26:51,040
Okay, there's gonna be some people that just,
782
00:26:51,040 --> 00:26:51,400
you know,
783
00:26:52,150 --> 00:26:52,720
I don't know,
784
00:26:52,720 --> 00:26:53,160
you know?
785
00:26:53,160 --> 00:26:55,040
Right. Kind of naysayers that are like,
786
00:26:55,040 --> 00:26:55,480
I don't,
787
00:26:55,480 --> 00:26:56,320
I don't think that's really,
788
00:26:56,320 --> 00:26:57,000
Okay. Look,
789
00:26:57,000 --> 00:26:57,680
you can look it up.
790
00:26:58,280 --> 00:26:58,840
Lipstick effect,
791
00:26:58,840 --> 00:26:59,240
you can,
792
00:26:59,540 --> 00:27:02,480
you can dive into it if you wanna get your degree
793
00:27:02,480 --> 00:27:04,120
in micro or macroeconomics,
794
00:27:04,120 --> 00:27:04,400
you know,
795
00:27:04,400 --> 00:27:05,520
let me know how that goes.
796
00:27:05,940 --> 00:27:09,960
But if you just choose to look at this as something
797
00:27:09,960 --> 00:27:12,280
that can help you and doesn't hurt you,
798
00:27:12,510 --> 00:27:15,080
I promise you that thought will serve you better.
799
00:27:16,640 --> 00:27:18,630
Yeah, a hundred percent.
800
00:27:21,380 --> 00:27:22,540
Throw down the hammer.
801
00:27:22,770 --> 00:27:23,740
Yeah. I'm not,
802
00:27:23,740 --> 00:27:24,340
I'm just,
803
00:27:24,530 --> 00:27:25,260
I I'm just,
804
00:27:25,260 --> 00:27:27,500
There's there's no sugarcoating around you Here anymore.
805
00:27:27,500 --> 00:27:30,060
There's, I'm so tired of the excuses and this,
806
00:27:30,060 --> 00:27:30,700
this one,
807
00:27:30,770 --> 00:27:35,900
this, the inflation and the recession looming became such a convenient
808
00:27:36,010 --> 00:27:38,340
excuse for people to not do things.
809
00:27:38,520 --> 00:27:39,700
And it just makes me,
810
00:27:39,710 --> 00:27:42,340
it, my eyes roll back in my head so far.
811
00:27:42,340 --> 00:27:44,460
I'm surprised they don't just like pop out.
812
00:27:45,170 --> 00:27:47,540
I don't believe that it's an issue.
813
00:27:47,830 --> 00:27:48,980
It, even if it were,
814
00:27:49,050 --> 00:27:50,500
I still don't believe it's an issue,
815
00:27:50,500 --> 00:27:53,020
which means it wouldn't be for me because the,
816
00:27:53,040 --> 00:27:55,300
the only thing that's going to bother you are the things
817
00:27:55,300 --> 00:27:56,220
that you believe are true.
818
00:27:57,060 --> 00:27:58,420
So if you don't believe this is a problem,
819
00:27:58,430 --> 00:27:59,340
it is not a problem.
820
00:27:59,340 --> 00:28:00,060
But if you do,
821
00:28:00,090 --> 00:28:03,060
it's going to be and then it's gonna become the self-fulfilling
822
00:28:03,060 --> 00:28:04,860
prophecy. And you're gonna try to tell me,
823
00:28:04,860 --> 00:28:06,140
Well, you don't understand my market.
824
00:28:06,280 --> 00:28:07,820
You don't understand my area.
825
00:28:09,450 --> 00:28:10,340
I guess I don't,
826
00:28:10,340 --> 00:28:12,700
because I think if you could put me in pod dunk
827
00:28:12,980 --> 00:28:14,100
anywhere, I could make a business.
828
00:28:15,890 --> 00:28:19,900
Yeah. I mean there are numerous photographers,
829
00:28:19,900 --> 00:28:22,580
we've had quite a few on the podcast that live in
830
00:28:22,740 --> 00:28:25,420
teeny tiny little towns.
831
00:28:25,420 --> 00:28:28,220
Yeah. Tracy Mun is one of them comes from without Red
832
00:28:28,220 --> 00:28:29,620
lights. She doesn't Have red light.
833
00:28:29,620 --> 00:28:31,460
Yep. And yeah.
834
00:28:31,560 --> 00:28:33,660
And able to make full-time business out of it.
835
00:28:33,660 --> 00:28:35,380
Right. So yeah,
836
00:28:35,380 --> 00:28:36,060
it it's,
837
00:28:36,200 --> 00:28:38,420
the quality of your life is determined by the quality of
838
00:28:38,540 --> 00:28:39,220
questions asked,
839
00:28:39,220 --> 00:28:40,020
right. Tony Robinson.
840
00:28:40,600 --> 00:28:45,180
Yes. So instead of asking ourselves or just telling ourselves how
841
00:28:45,180 --> 00:28:45,500
it is,
842
00:28:45,570 --> 00:28:48,300
what if we just change it to what can I do
843
00:28:48,300 --> 00:28:50,580
today to attract more people into my business?
844
00:28:50,620 --> 00:28:53,900
Where do I find the people that are not affected by
845
00:28:54,140 --> 00:28:54,660
whatever's going on?
846
00:28:54,660 --> 00:28:58,220
Where do I find the people that have discretionary income that
847
00:28:58,220 --> 00:28:58,660
you know,
848
00:28:58,660 --> 00:28:59,620
value what they do?
849
00:28:59,760 --> 00:29:01,060
How do I talk to these people?
850
00:29:01,060 --> 00:29:02,900
How do I offer make offers to these people?
851
00:29:02,920 --> 00:29:04,460
And what were your three steps again?
852
00:29:04,460 --> 00:29:06,660
Cause this is all you need to do in your business.
853
00:29:06,660 --> 00:29:08,340
Number one is to meet people.
854
00:29:08,410 --> 00:29:09,100
Number two,
855
00:29:09,100 --> 00:29:09,580
Get pen.
856
00:29:09,580 --> 00:29:10,180
Get a pen,
857
00:29:10,180 --> 00:29:10,940
Write this down.
858
00:29:10,940 --> 00:29:12,300
Yeah. Is People,
859
00:29:12,510 --> 00:29:14,300
it, I Know Number seems basic,
860
00:29:14,300 --> 00:29:17,180
but number two is to tell them that you're a Photographer.
861
00:29:17,180 --> 00:29:17,820
Oh, okay.
862
00:29:17,930 --> 00:29:19,740
Tell them you are a photographer,
863
00:29:19,740 --> 00:29:20,700
not any photographer.
864
00:29:20,770 --> 00:29:22,300
Tell them you photograph dogs.
865
00:29:22,300 --> 00:29:24,540
Correct. Or horses Tell them what you do.
866
00:29:24,680 --> 00:29:26,020
You are a talker.
867
00:29:26,020 --> 00:29:26,860
And number three,
868
00:29:26,860 --> 00:29:27,620
you make him an offer.
869
00:29:28,770 --> 00:29:29,500
What's that?
870
00:29:29,500 --> 00:29:31,100
What, What does that look like,
871
00:29:31,100 --> 00:29:34,500
Heather? Because do I sit down and say,
872
00:29:34,500 --> 00:29:38,660
Hey, can I photograph your dog for exactly $1,347?
873
00:29:38,660 --> 00:29:40,220
Like what does the making an offer?
874
00:29:40,220 --> 00:29:42,600
Because I know people are gonna get stuck on that one
875
00:29:42,600 --> 00:29:42,920
and be like,
876
00:29:42,920 --> 00:29:43,360
Yeah, I'm fine.
877
00:29:43,360 --> 00:29:43,960
I'll meet people,
878
00:29:43,990 --> 00:29:45,080
I'll tell 'em what I do,
879
00:29:45,180 --> 00:29:47,120
but how the heck do I make 'em an offer?
880
00:29:47,260 --> 00:29:47,920
You just say,
881
00:29:47,920 --> 00:29:50,000
I wanna photograph your pet and here's what I charge.
882
00:29:50,000 --> 00:29:51,040
Here are my prices,
883
00:29:51,040 --> 00:29:51,880
here's where I start.
884
00:29:51,880 --> 00:29:53,480
Here's what the average people spend.
885
00:29:53,510 --> 00:29:54,080
I don't know,
886
00:29:54,110 --> 00:29:57,440
people want to overthink this to death.
887
00:29:57,460 --> 00:30:00,280
And they get so caught up in the how,
888
00:30:01,020 --> 00:30:01,920
how do I do that?
889
00:30:01,920 --> 00:30:02,680
How do I meet papa?
890
00:30:03,000 --> 00:30:03,880
How do I No,
891
00:30:03,880 --> 00:30:05,720
you just stop.
892
00:30:05,820 --> 00:30:06,880
You meet people,
893
00:30:06,880 --> 00:30:08,280
tell 'em you're a pet photographer.
894
00:30:08,280 --> 00:30:09,360
Make them an offer.
895
00:30:09,590 --> 00:30:13,240
That offer could be standing in line at the grocery store
896
00:30:13,260 --> 00:30:16,000
and, and somebody has their dog with 'em and you say,
897
00:30:16,000 --> 00:30:16,640
That's a cute dog.
898
00:30:16,670 --> 00:30:17,600
I photograph dogs.
899
00:30:17,600 --> 00:30:18,480
Here's my card,
900
00:30:18,480 --> 00:30:21,640
gimme a call because I'd like to photograph your dog and
901
00:30:21,640 --> 00:30:23,480
we can talk about packages and stuff or whatever.
902
00:30:23,480 --> 00:30:26,800
It's just like offering the fact that your services are available.
903
00:30:27,030 --> 00:30:28,280
People miss this.
904
00:30:28,420 --> 00:30:31,560
And so what they'll do is maybe they'll meet people if
905
00:30:31,560 --> 00:30:32,040
we're lucky,
906
00:30:32,040 --> 00:30:33,680
they'll tell them they're a photographer,
907
00:30:33,980 --> 00:30:36,360
but they never get to the point where they make an
908
00:30:36,360 --> 00:30:39,200
offer. So they post things or they go to these networking
909
00:30:39,200 --> 00:30:39,880
events, meet,
910
00:30:39,880 --> 00:30:40,320
meet, meet,
911
00:30:40,480 --> 00:30:42,240
meet, meet all these people and they're like,
912
00:30:42,240 --> 00:30:43,000
It's not working.
913
00:30:43,710 --> 00:30:44,680
It's not working.
914
00:30:44,770 --> 00:30:46,160
Nothing is working.
915
00:30:46,580 --> 00:30:47,440
But did you,
916
00:30:47,620 --> 00:30:50,800
did you actually try to get them to book you by
917
00:30:50,800 --> 00:30:53,520
saying, you need to book me for a session.
918
00:30:53,550 --> 00:30:56,640
Here are my prices or whatever that looks like.
919
00:30:56,710 --> 00:30:59,080
Just ju there,
920
00:30:59,080 --> 00:31:00,560
everybody's gonna wanna overthink this.
921
00:31:00,650 --> 00:31:02,040
It can't be that simple.
922
00:31:02,390 --> 00:31:03,960
Yeah, it actually is.
923
00:31:04,950 --> 00:31:08,360
I sell my services on the street to people all the
924
00:31:08,360 --> 00:31:11,000
time. I am at any doctor's appointment,
925
00:31:11,000 --> 00:31:11,920
anybody I'm meeting,
926
00:31:11,920 --> 00:31:15,000
I'm telling them what it is I do how I can
927
00:31:15,000 --> 00:31:15,480
help them.
928
00:31:15,740 --> 00:31:16,760
And then I tell them,
929
00:31:16,760 --> 00:31:17,240
call me.
930
00:31:18,190 --> 00:31:18,840
It's true.
931
00:31:18,840 --> 00:31:20,040
I've seen this in action.
932
00:31:21,760 --> 00:31:23,120
Constant. It's constant.
933
00:31:23,430 --> 00:31:27,040
I was at a doctor's appointment yesterday and I was pitching
934
00:31:27,040 --> 00:31:30,400
her, I was pitching her on my coaching services and she's,
935
00:31:30,400 --> 00:31:31,400
after we were talking,
936
00:31:31,400 --> 00:31:32,000
she's like,
937
00:31:32,000 --> 00:31:32,560
Oh my gosh,
938
00:31:32,560 --> 00:31:33,160
I love you.
939
00:31:33,160 --> 00:31:34,000
Can I hire you?
940
00:31:34,000 --> 00:31:34,600
And I said,
941
00:31:34,600 --> 00:31:35,120
Yes you can.
942
00:31:35,420 --> 00:31:36,920
Yes you can give me a call.
943
00:31:37,200 --> 00:31:38,320
Here's my information.
944
00:31:38,670 --> 00:31:40,320
Yeah. Just make them an offer.
945
00:31:40,390 --> 00:31:41,800
Make everybody an offer.
946
00:31:41,870 --> 00:31:43,400
What's the worst that can happen?
947
00:31:43,400 --> 00:31:44,080
They say No.
948
00:31:44,080 --> 00:31:46,560
Okay, well you're no worse off than you were five minutes
949
00:31:46,580 --> 00:31:47,840
ago. Meet people,
950
00:31:47,840 --> 00:31:49,320
tell them you're a pet photographer.
951
00:31:49,320 --> 00:31:50,200
Make them an offer.
952
00:31:50,390 --> 00:31:53,480
Make sure you're hitting all three of those steps.
953
00:31:53,580 --> 00:31:55,360
And I promise you,
954
00:31:55,580 --> 00:31:59,080
you will get clients and you won't worry about your marketing.
955
00:31:59,180 --> 00:32:01,000
Did you ever worry about your marketing?
956
00:32:02,300 --> 00:32:03,210
In what way?
957
00:32:03,210 --> 00:32:04,130
Just worry about like,
958
00:32:04,130 --> 00:32:05,290
You were always getting clients.
959
00:32:05,290 --> 00:32:06,170
Like I never Yeah,
960
00:32:06,170 --> 00:32:08,330
yeah. I mean I was with you when you started your
961
00:32:08,490 --> 00:32:12,090
business and I don't remember you ever saying like,
962
00:32:12,090 --> 00:32:12,690
Oh my gosh,
963
00:32:12,690 --> 00:32:13,610
I need to find clients.
964
00:32:13,610 --> 00:32:14,850
You just always had clients.
965
00:32:15,280 --> 00:32:17,650
Yeah. I mean certainly there were times of year,
966
00:32:17,650 --> 00:32:18,010
you know,
967
00:32:18,010 --> 00:32:21,010
first quarter in Pittsburgh that not a lot going on.
968
00:32:21,240 --> 00:32:22,290
Hold on one second.
969
00:32:23,180 --> 00:32:24,490
Cammy's losing her mind.
970
00:32:25,130 --> 00:32:26,330
Standby. Okay,
971
00:32:26,330 --> 00:32:26,730
I'm back.
972
00:32:26,730 --> 00:32:30,330
Did you know that FedEx actually sends murders from their car
973
00:32:30,330 --> 00:32:32,610
to come kill the people and dog owners?
974
00:32:32,610 --> 00:32:34,250
That's what Cammy wanted to let Me know.
975
00:32:34,380 --> 00:32:35,930
Oh, she's so thoughtful.
976
00:32:35,950 --> 00:32:37,210
She protects your home.
977
00:32:37,800 --> 00:32:38,570
Okay. Anyway,
978
00:32:38,570 --> 00:32:39,360
you were saying saying like,
979
00:32:39,360 --> 00:32:40,400
no, you had clients,
980
00:32:40,400 --> 00:32:41,920
you weren't worried about getting clients.
981
00:32:41,920 --> 00:32:43,160
Right. It was definitely,
982
00:32:43,160 --> 00:32:44,840
there's definitely seasonal ebbs and flows.
983
00:32:44,840 --> 00:32:48,480
But I also had some different marketing plans in place and
984
00:32:48,480 --> 00:32:50,520
I knew that they would come and even if I looked
985
00:32:50,520 --> 00:32:50,960
at my calendar,
986
00:32:50,960 --> 00:32:51,320
I'm like,
987
00:32:51,320 --> 00:32:52,200
oh, you know,
988
00:32:52,200 --> 00:32:54,720
maybe June's looking a little light.
989
00:32:54,720 --> 00:32:57,440
Like I knew that it would come and I knew that
990
00:32:57,680 --> 00:33:00,440
I was in control of if that happened or not.
991
00:33:00,440 --> 00:33:01,840
And I could send out an email.
992
00:33:02,070 --> 00:33:03,240
I can make some offers.
993
00:33:03,390 --> 00:33:03,920
I could,
994
00:33:03,920 --> 00:33:04,360
you know,
995
00:33:04,470 --> 00:33:07,760
I I could choose to do something about that and,
996
00:33:07,760 --> 00:33:09,040
and make it change.
997
00:33:09,040 --> 00:33:10,960
Did the outcome always hit my goals?
998
00:33:10,960 --> 00:33:11,960
No, no.
999
00:33:12,500 --> 00:33:14,360
Did sometimes it exceed it.
1000
00:33:14,380 --> 00:33:16,920
Yes. So it's all just,
1001
00:33:16,930 --> 00:33:18,000
it ebbs and flows,
1002
00:33:18,200 --> 00:33:19,800
but you have to do something.
1003
00:33:20,060 --> 00:33:22,600
The one other point I wanted to make too about making
1004
00:33:22,600 --> 00:33:23,120
that offer,
1005
00:33:23,700 --> 00:33:27,200
and I think one of the reasons people maybe don't make
1006
00:33:27,200 --> 00:33:32,600
the offer is because they subconsciously maybe don't feel that it
1007
00:33:32,600 --> 00:33:33,360
has the value,
1008
00:33:34,820 --> 00:33:37,040
but the longer you're in the business,
1009
00:33:38,220 --> 00:33:41,520
the more you realize how much value this actually brings to
1010
00:33:41,520 --> 00:33:41,880
the table.
1011
00:33:42,690 --> 00:33:48,760
Because I have had three emails in the past three months
1012
00:33:50,010 --> 00:33:56,160
of the importance of what I've done from sessions I photographed
1013
00:33:56,440 --> 00:33:58,000
seven, eight years ago.
1014
00:33:58,020 --> 00:34:02,600
Wow. That they just out of the blue send me a
1015
00:34:02,600 --> 00:34:05,200
note of how much they value what they're doing.
1016
00:34:05,200 --> 00:34:07,040
Cuz maybe the dog isn't with them anymore.
1017
00:34:07,130 --> 00:34:07,800
In one case,
1018
00:34:07,800 --> 00:34:08,280
one of the,
1019
00:34:08,280 --> 00:34:09,560
one of the people passed away.
1020
00:34:10,310 --> 00:34:13,080
It's what we do has so much value.
1021
00:34:13,850 --> 00:34:17,360
So if you have trouble feeling like,
1022
00:34:17,810 --> 00:34:19,080
oh, I don't know,
1023
00:34:19,240 --> 00:34:20,120
is it worth it?
1024
00:34:20,750 --> 00:34:22,560
Well, yes,
1025
00:34:22,830 --> 00:34:23,960
a hundred percent yes.
1026
00:34:23,960 --> 00:34:26,280
And it just might take some time till you get the
1027
00:34:26,520 --> 00:34:28,360
personal, what's the word I'm looking for?
1028
00:34:28,360 --> 00:34:30,520
The personal reinforcement Yes.
1029
00:34:30,730 --> 00:34:33,760
Of, of somebody actually telling you how your work,
1030
00:34:34,140 --> 00:34:35,680
how valuable it was for them.
1031
00:34:35,830 --> 00:34:39,280
That takes usually a couple years for that full value to
1032
00:34:39,480 --> 00:34:41,360
be realized because you know,
1033
00:34:41,360 --> 00:34:42,000
the animals,
1034
00:34:42,530 --> 00:34:44,160
or God forbid people have passed on.
1035
00:34:45,180 --> 00:34:46,000
But if you're,
1036
00:34:46,000 --> 00:34:47,200
you haven't reached that point yet,
1037
00:34:47,790 --> 00:34:51,920
like take these stories and know that even though the services
1038
00:34:51,920 --> 00:34:54,480
you're providing now are going to be that for someone else
1039
00:34:54,480 --> 00:34:54,880
in the future,
1040
00:34:55,920 --> 00:34:56,760
Actually you're so smart.
1041
00:34:56,760 --> 00:34:59,520
You are touching on something that I'm teaching in the belief
1042
00:34:59,720 --> 00:35:00,840
triad training,
1043
00:35:00,840 --> 00:35:02,960
which is belief in your product or service.
1044
00:35:03,770 --> 00:35:06,600
If you don't believe in your product or serve or service,
1045
00:35:06,600 --> 00:35:09,000
it's going to be very difficult to sell it.
1046
00:35:09,460 --> 00:35:13,840
But you believe in what you're offering so strongly that it's
1047
00:35:13,840 --> 00:35:16,000
not difficult for you to make an offer.
1048
00:35:16,530 --> 00:35:18,120
So that belief has to be there.
1049
00:35:18,120 --> 00:35:21,000
So that's one thing we'll come back to that because after
1050
00:35:21,200 --> 00:35:23,200
I deliver this training in Elevate,
1051
00:35:23,330 --> 00:35:24,400
we can talk about,
1052
00:35:25,270 --> 00:35:25,770
you know,
1053
00:35:26,100 --> 00:35:27,810
we can talk about that more because you're,
1054
00:35:27,810 --> 00:35:30,450
you're, you're jumping ahead into my training because you're smart.
1055
00:35:30,450 --> 00:35:34,130
Okay. I I do also wanna say that yesterday on the
1056
00:35:34,130 --> 00:35:35,130
Elevate strategy call,
1057
00:35:36,320 --> 00:35:38,040
this did come up about,
1058
00:35:38,040 --> 00:35:39,880
you said something about January in Pittsburgh,
1059
00:35:39,880 --> 00:35:40,120
you know,
1060
00:35:40,360 --> 00:35:42,760
and it's difficult to photograph and there's always,
1061
00:35:42,760 --> 00:35:44,160
you Get to photograph in the snow though,
1062
00:35:44,160 --> 00:35:44,520
but I love,
1063
00:35:44,520 --> 00:35:45,080
Right, So anyway,
1064
00:35:45,080 --> 00:35:45,520
go ahead.
1065
00:35:45,520 --> 00:35:46,480
Yeah, so there's,
1066
00:35:46,480 --> 00:35:47,320
it's The same as me.
1067
00:35:47,390 --> 00:35:49,840
I hear photographers this time of year saying,
1068
00:35:50,290 --> 00:35:50,960
Oh Heather,
1069
00:35:51,470 --> 00:35:53,160
winter is coming,
1070
00:35:53,710 --> 00:35:55,080
winter is coming.
1071
00:35:55,270 --> 00:35:56,920
I have to be prepared.
1072
00:35:57,030 --> 00:35:57,600
I have to,
1073
00:35:57,600 --> 00:35:57,960
you know,
1074
00:35:57,960 --> 00:35:58,280
do all,
1075
00:35:58,280 --> 00:35:58,880
And I'm like,
1076
00:35:59,240 --> 00:36:00,360
what are you a farmer?
1077
00:36:02,110 --> 00:36:03,400
Winter is coming.
1078
00:36:04,150 --> 00:36:06,640
Okay. You can still have sessions,
1079
00:36:06,640 --> 00:36:08,680
you can still plan things,
1080
00:36:08,680 --> 00:36:10,240
you can still book clients.
1081
00:36:10,410 --> 00:36:11,400
So the thing is,
1082
00:36:11,540 --> 00:36:12,040
you know,
1083
00:36:12,040 --> 00:36:14,000
I understand that there are times of the year that are
1084
00:36:14,190 --> 00:36:18,400
less conducive to shooting like August and Florida Or I don't,
1085
00:36:18,400 --> 00:36:20,440
I don't photograph July in August here it's Too hot.
1086
00:36:20,440 --> 00:36:20,880
Yes. It's too hot.
1087
00:36:20,880 --> 00:36:21,240
Too hot.
1088
00:36:21,600 --> 00:36:23,520
Or February in Pittsburgh.
1089
00:36:23,610 --> 00:36:26,080
So I get that there are seasons,
1090
00:36:26,340 --> 00:36:28,560
but this doom and gloom around,
1091
00:36:29,090 --> 00:36:30,000
oh, winter,
1092
00:36:31,040 --> 00:36:31,520
I'm like,
1093
00:36:31,730 --> 00:36:33,440
no, you're not a farmer.
1094
00:36:33,900 --> 00:36:37,160
You can still do things in the winter and you can
1095
00:36:37,160 --> 00:36:38,040
find ways to,
1096
00:36:38,100 --> 00:36:38,640
you know,
1097
00:36:38,640 --> 00:36:42,040
you can run like specials or sales on things where people
1098
00:36:42,040 --> 00:36:43,000
are booking you in the winter,
1099
00:36:43,000 --> 00:36:45,360
even if you're not shooting in those months or in the
1100
00:36:45,360 --> 00:36:46,160
summer. You know,
1101
00:36:46,160 --> 00:36:46,680
there are just,
1102
00:36:46,950 --> 00:36:49,640
it's, there's just always in my mind,
1103
00:36:49,640 --> 00:36:50,200
there's always,
1104
00:36:50,870 --> 00:36:53,240
yeah, there's always a way You can do home sessions,
1105
00:36:53,240 --> 00:36:54,760
you can do mini sessions,
1106
00:36:54,760 --> 00:36:58,280
you can market now for spring and pre-book Stuff.
1107
00:36:58,350 --> 00:36:59,760
Yeah, exactly Right.
1108
00:36:59,760 --> 00:37:03,840
There's always a way to keep things thriving in your business
1109
00:37:03,840 --> 00:37:05,160
even when you're not shooting.
1110
00:37:06,300 --> 00:37:09,480
But I don't wanna get derailed because I have about five
1111
00:37:09,480 --> 00:37:11,600
different topics I wanna talk to you about on the podcast.
1112
00:37:11,970 --> 00:37:14,360
So we'll come back to many of these.
1113
00:37:14,710 --> 00:37:15,520
Well, yes,
1114
00:37:15,590 --> 00:37:16,000
I mean,
1115
00:37:16,000 --> 00:37:18,400
you guys know that you expect Heather on here at least
1116
00:37:18,400 --> 00:37:19,640
once a month and if,
1117
00:37:19,730 --> 00:37:21,160
if we miss a month or two,
1118
00:37:21,160 --> 00:37:21,960
I hear about it.
1119
00:37:22,270 --> 00:37:22,960
I hear about it.
1120
00:37:22,960 --> 00:37:23,440
I love that.
1121
00:37:23,440 --> 00:37:23,960
Thank you.
1122
00:37:23,960 --> 00:37:24,960
Thank you for having me.
1123
00:37:25,430 --> 00:37:27,200
Anyway, this has been a great conversation.
1124
00:37:27,350 --> 00:37:30,520
Thanks guys for joining us on this and I hope that
1125
00:37:30,520 --> 00:37:32,800
brought a little bit of ease.
1126
00:37:32,900 --> 00:37:36,520
Any anxiety that was maybe out there floating around because it
1127
00:37:36,520 --> 00:37:38,920
does. And if you watch the news all the time,
1128
00:37:38,920 --> 00:37:42,280
then, then Media's job is to make things scary.
1129
00:37:42,290 --> 00:37:43,280
So we keep watching,
1130
00:37:44,140 --> 00:37:44,680
you know,
1131
00:37:44,690 --> 00:37:48,640
so I'm not saying to be misinformed and not even like
1132
00:37:48,640 --> 00:37:50,560
watch and who cares what's happening in the world.
1133
00:37:50,560 --> 00:37:51,000
You know,
1134
00:37:51,000 --> 00:37:51,800
we should be informed,
1135
00:37:51,800 --> 00:37:54,840
we should be able to make decisions for our financial future
1136
00:37:54,860 --> 00:37:57,000
and be safe and all that kind of stuff.
1137
00:37:57,460 --> 00:38:00,950
But you are in control of how you react to all
1138
00:38:00,950 --> 00:38:01,270
of this,
1139
00:38:01,570 --> 00:38:02,670
all of this input.
1140
00:38:03,240 --> 00:38:05,190
So, and also you need to know,
1141
00:38:05,190 --> 00:38:08,590
I think your limits on the input.
1142
00:38:08,590 --> 00:38:09,390
Like certain people,
1143
00:38:09,850 --> 00:38:10,390
you know,
1144
00:38:10,640 --> 00:38:14,950
on social media and there's certain people that I have unfollowed
1145
00:38:14,950 --> 00:38:18,190
on social media cuz I knew what all the things they
1146
00:38:18,190 --> 00:38:20,670
posted that were so negative and so like,
1147
00:38:20,670 --> 00:38:22,470
it, it was not good for me.
1148
00:38:22,740 --> 00:38:25,430
I did not need to be exposed to that on a
1149
00:38:25,430 --> 00:38:25,950
daily basis.
1150
00:38:26,420 --> 00:38:27,670
I don't need to change it,
1151
00:38:27,670 --> 00:38:29,910
I just need to choose how I react to it and
1152
00:38:29,910 --> 00:38:30,630
my way to react.
1153
00:38:30,630 --> 00:38:31,510
Was it just,
1154
00:38:31,540 --> 00:38:32,990
I just don't wanna be a part of it.
1155
00:38:33,300 --> 00:38:33,950
I I don't,
1156
00:38:33,950 --> 00:38:34,830
I don't need to see that.
1157
00:38:35,530 --> 00:38:37,480
So if you are,
1158
00:38:37,860 --> 00:38:38,400
you know,
1159
00:38:38,960 --> 00:38:40,880
watching the news every day and you're really,
1160
00:38:40,880 --> 00:38:41,360
really can,
1161
00:38:41,360 --> 00:38:43,800
like, can you dial it back a little bit where you
1162
00:38:43,820 --> 00:38:47,000
Yes. Where you check on a couple headlines here and there,
1163
00:38:47,000 --> 00:38:48,760
but you're not glued in.
1164
00:38:48,760 --> 00:38:51,680
I know I was for during like the whole covid first
1165
00:38:51,680 --> 00:38:57,360
couple months because partly because I like love viruses.
1166
00:38:57,360 --> 00:38:58,680
Not that I just,
1167
00:38:59,030 --> 00:39:00,640
I just think they're fascinating.
1168
00:39:00,860 --> 00:39:01,600
I'm, I'm just,
1169
00:39:01,600 --> 00:39:02,280
I'm a nerd,
1170
00:39:02,280 --> 00:39:03,280
I'm a science nerd,
1171
00:39:03,500 --> 00:39:05,040
and so I was just like,
1172
00:39:05,040 --> 00:39:06,160
meds rise by it.
1173
00:39:06,160 --> 00:39:06,800
But after like,
1174
00:39:06,900 --> 00:39:07,440
you know,
1175
00:39:07,440 --> 00:39:10,120
after that two weeks that the supposed to be outta school
1176
00:39:10,120 --> 00:39:11,040
and then word back in school,
1177
00:39:11,040 --> 00:39:11,400
it's like,
1178
00:39:11,400 --> 00:39:12,920
okay, enough enough.
1179
00:39:13,350 --> 00:39:15,600
I can put that pandemic back in its box now.
1180
00:39:15,600 --> 00:39:16,120
Please. Now.
1181
00:39:16,990 --> 00:39:17,760
Yeah. You know,
1182
00:39:17,760 --> 00:39:18,080
I mean,
1183
00:39:18,080 --> 00:39:20,680
some people are think that you need to be informed,
1184
00:39:20,680 --> 00:39:21,120
you know,
1185
00:39:21,120 --> 00:39:22,800
and I disagree with that.
1186
00:39:22,830 --> 00:39:23,520
I disagree.
1187
00:39:23,550 --> 00:39:25,160
I am blissfully unaware,
1188
00:39:25,160 --> 00:39:26,440
blissfully ignorant.
1189
00:39:26,710 --> 00:39:27,360
I, I,
1190
00:39:27,390 --> 00:39:30,320
I know what I need to know because if something we're
1191
00:39:30,320 --> 00:39:32,320
catastrophic, I'd figure it out.
1192
00:39:32,490 --> 00:39:33,840
So I just,
1193
00:39:34,430 --> 00:39:38,480
I am really careful about my intakes and my inputs because
1194
00:39:38,550 --> 00:39:40,440
it's not helping me.
1195
00:39:40,440 --> 00:39:44,640
It's not serving you to hear those things or buy into
1196
00:39:44,640 --> 00:39:44,960
that fear.
1197
00:39:44,990 --> 00:39:46,520
Even if you say in your brain,
1198
00:39:46,520 --> 00:39:47,160
Oh, that's not,
1199
00:39:47,160 --> 00:39:47,840
that's not true,
1200
00:39:47,840 --> 00:39:49,360
or it's not gonna be that bad or whatever,
1201
00:39:49,960 --> 00:39:50,360
too late.
1202
00:39:50,370 --> 00:39:51,760
It already impacted your brain.
1203
00:39:52,200 --> 00:39:53,040
So I'm out.
1204
00:39:53,150 --> 00:39:53,800
I just don't,
1205
00:39:53,800 --> 00:39:57,360
don't expose yourself to it or proceed with caution and then
1206
00:39:57,360 --> 00:39:57,960
pay the price.
1207
00:39:57,960 --> 00:39:58,960
I don't know what to tell you.
1208
00:39:59,180 --> 00:40:00,280
Yep, yep.
1209
00:40:00,500 --> 00:40:01,120
But yeah,
1210
00:40:01,120 --> 00:40:03,760
I think the biggest takeaway here though is to remember that
1211
00:40:03,760 --> 00:40:06,840
you are in control of your outcome and we have our
1212
00:40:06,840 --> 00:40:07,280
three steps.
1213
00:40:07,710 --> 00:40:08,520
Talk to people,
1214
00:40:08,520 --> 00:40:09,440
tell 'em what you do.
1215
00:40:09,440 --> 00:40:12,120
Make up an offer and you know,
1216
00:40:12,120 --> 00:40:12,640
just know,
1217
00:40:12,640 --> 00:40:15,840
as long as there's people buying a nice purse or a
1218
00:40:15,840 --> 00:40:17,000
nice dinner or a nice car,
1219
00:40:17,000 --> 00:40:19,960
there are plenty of people that will also invest in photography.
1220
00:40:19,960 --> 00:40:20,520
That's right.
1221
00:40:21,060 --> 00:40:22,560
And, you know,
1222
00:40:23,610 --> 00:40:24,640
go get your lipstick.
1223
00:40:24,700 --> 00:40:25,960
I'm not gonna get the lipstick.
1224
00:40:25,960 --> 00:40:26,880
Like, is could,
1225
00:40:26,880 --> 00:40:28,160
could mine be like the,
1226
00:40:28,220 --> 00:40:29,840
the ice cream effect or something?
1227
00:40:29,840 --> 00:40:32,000
Like, as long as I'm still going out and getting ice
1228
00:40:32,000 --> 00:40:34,160
cream, I suppose every once in a while,
1229
00:40:34,710 --> 00:40:36,080
like all as good in the world.
1230
00:40:36,450 --> 00:40:38,880
Is there something that you spend money on that,
1231
00:40:39,110 --> 00:40:40,360
well, your horses,
1232
00:40:40,360 --> 00:40:43,560
that's not a good example because that stuff really is pretty
1233
00:40:43,560 --> 00:40:45,600
expensive. But is there It's,
1234
00:40:45,600 --> 00:40:46,720
it's, it's insane.
1235
00:40:46,720 --> 00:40:49,320
And sometimes I question my sanity for having two of them.
1236
00:40:49,870 --> 00:40:53,960
What is a small luxury purchase for you?
1237
00:40:54,310 --> 00:40:56,200
Like sub $100?
1238
00:40:59,930 --> 00:41:01,700
Gosh, I like food.
1239
00:41:01,890 --> 00:41:03,060
Food Dinner Out.
1240
00:41:03,060 --> 00:41:03,540
Yeah, yeah,
1241
00:41:03,540 --> 00:41:06,620
yeah. Or a massage Experience.
1242
00:41:06,730 --> 00:41:09,780
You're still going to do those things because you can,
1243
00:41:10,580 --> 00:41:14,180
and people are still going to hire photographers because they can
1244
00:41:14,520 --> 00:41:15,900
and it's going to be fine,
1245
00:41:15,900 --> 00:41:16,620
I promise you.
1246
00:41:17,200 --> 00:41:18,100
Yep, yep.
1247
00:41:18,100 --> 00:41:20,540
People still love their dogs and they're still getting more.
1248
00:41:21,800 --> 00:41:22,700
All right everybody,
1249
00:41:22,830 --> 00:41:23,820
it was good to see you.
1250
00:41:23,830 --> 00:41:25,500
We will see you next week.
1251
00:41:25,810 --> 00:41:27,700
Forget another podcast episode.
1252
00:41:28,620 --> 00:41:29,420
In the meantime,
1253
00:41:29,620 --> 00:41:31,780
reach out to Heather at Flourish.
1254
00:41:31,890 --> 00:41:34,160
What's your Instagram flourish.academy
1255
00:41:34,160 --> 00:41:34,960
or just Flourish Academy?
1256
00:41:34,960 --> 00:41:36,600
You can Use the Search Flourish Academy.
1257
00:41:36,600 --> 00:41:37,240
You'll find me.
1258
00:41:37,240 --> 00:41:37,680
Ok, there you go.
1259
00:41:37,680 --> 00:41:38,280
Yeah. Perfect.
1260
00:41:38,580 --> 00:41:39,960
I'm an Nicole Bigley official.
1261
00:41:40,340 --> 00:41:42,200
Let us know what you guys took away from this.
1262
00:41:42,200 --> 00:41:44,480
Also, let us know if you have tried the three steps
1263
00:41:44,620 --> 00:41:48,000
and what you are doing to take control of your business
1264
00:41:48,060 --> 00:41:50,480
and continue to move it forward no matter what,
1265
00:41:50,480 --> 00:41:51,720
the economic outlook.
1266
00:41:52,140 --> 00:41:52,680
All right,
1267
00:41:52,680 --> 00:41:53,600
We'll talk to you guys later.
1268
00:41:54,140 --> 00:41:54,800
Bye bye.
1269
00:41:55,630 --> 00:41:57,720
Thanks for listening to the Hair of the Dog podcast.
1270
00:41:57,910 --> 00:42:00,480
This was episode number 165.
1271
00:42:00,730 --> 00:42:02,880
If you wanna check out the show notes for access to
1272
00:42:02,880 --> 00:42:04,440
any of the resources that we mentioned,
1273
00:42:04,440 --> 00:42:08,880
simply go to www.hairofthedogacademy.com/
1274
00:42:08,880 --> 00:42:12,330
1 65.
1275
00:42:12,450 --> 00:42:15,370
Thanks for listening to this episode of Hair of the Dog
1276
00:42:16,020 --> 00:42:17,770
Podcast. If you enjoyed this show,
1277
00:42:17,770 --> 00:42:20,250
please take a minute to leave a review and while you're
1278
00:42:20,090 --> 00:42:23,570
there, don't forget to subscribe so you don't miss our upcoming
1279
00:42:23,570 --> 00:42:25,290
episodes. One last thing.
1280
00:42:25,580 --> 00:42:28,250
If you are ready to dive into more resources,
1281
00:42:28,400 --> 00:42:32,090
head over to our [email protected]
1282
00:42:32,090 --> 00:42:33,970
of the dog academy.com.
1283
00:42:34,120 --> 00:42:37,330
Thanks for being a part of this pet photography community.
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Welcome!
I'm Nicole and I help portrait photographers to stop competing on price, sell without feeling pushy, and consistently increase sales to $2,000+ per session - which is the fastest path to a 6-figure business. My goal is to help you build a thriving business you love while earning the income you deserve.