It’s Not Rocket Science! Five Questions Over Coffee with Jenny Bracelin (Ep. 3)

Who is Jenny?

Jenny Bracelin is a qualified, skilled and experienced money coach and business mentor. Passionate about transforming people’s relationship to money and motivating them to make more. Originally trained as a ballet dancer, Jenny brings creativity and passion to every conversation. Starting her first business in linen hire aged 23, going on to win a National Customer Service Award with The Prince’s Trust and retiring aged 30. Jenny motivates and explains how to make more money in a simple, positive and confidence-building way.

Read more about Jenny at   https://www.linkedin.com/in/jennybracelin

Key Takeaways

1. Understand what you actually want

2. Take the time to get intimate with your finances

3. Find the positive in your current situation

Valuable Free Resource or Action

Jenny offers a Free 15 mins Let’s Chat call about your money

https://iexplainmoney.co.uk/free-resources/

Transcript

Note, this was transcribed using a transcription software and may not reflect the exact words used in the podcast)

Stuart Webb 0:43

Hi again, and welcome to the it’s not rocket science, five questions over coffee. I’m joined today by Jenny braceland. Jenny is a qualified, skilled and experienced money coach and business mentor. She’s really passionate about transforming people’s relationship to money and motivating them to make more which is sounds like a brilliant thing. She originally trained as a ballet dancer.

But then at about 23, I understand you set up your first business. And by 30, you decided to retire, which doesn’t look as if you’ve sort of retired because you’re here with us today, Jenny. So it doesn’t sound like a very good retirement, if nothing else, but brilliant to do that. So we’re going to talk about how Jenny motivates and explains how to make more money in his very simple positive and confidence building ways. So Jenny, welcome to the complete approach. It’s not rocket science, five questions over coffee.

Jenny Bracelin 1:34

Thank you very much. I’ve got my coffee. I’m already I’m very excited to be here.

Stuart Webb 1:39

So I just having that set. Let me start with the first question. So what’s the biggest challenge that your ideal client faces, when you first when you first meet them?

Jenny Bracelin 1:52

I think it’s that they don’t know what’s possible. So what happens is people try and solve problems from the same place they got into them. So if you’re somebody that plans and are into your finances, and very organised, what I find is you don’t tend to dream big enough. And people come to me and I say, Well, if you did that, you could double your income, and then I never thought of that. So it’s kind of thinking bigger, but if they come, and they’re really into dreaming about big goals, and perhaps the law of attraction, then I’m like, um, perhaps we should look at your finances and have a little go through those in more intimate detail. And the like, oh, and then we look at it. And I say, Well, if you do this, isn’t this, you could double your income. And I go, Oh, I never thought of that. So it’s about kind of people don’t realise what’s possible, I think is the short answer. I do find that’s the sort of common mistake that they make when trying to solve that problem without any sort of help. Is it just not thinking, right? If they’re thinking perfectly well, and often their thinking is what got them to where they were. But we’re, you know, in business, in order to get the next level, often, you have to think differently. And that’s, that’s really, I think, why people come and see people like us, at certain stages, either to start off right or to go to the next level, because it’s not working, or because they’re working too hard, not making enough money. And

Stuart Webb 3:07

there’s practical techniques isn’t there to kind of stage as a business, as a business mentor, I can help them with that. And then there’s the kind of feelings and attitudes and beliefs about money, where it’s like, I don’t deserve it, or I’ll have to work harder to get that and I can’t work any harder. I’m already working. And it’s about transforming that. And so that’s really my kind of specialism where practical techniques, meet money confidence, you know, that’s what I love to do. And I think that’s a really valuable thing to sort of, you know, just sort of explore for for a few seconds, because it is that mindset, isn’t it. So many people don’t believe somehow they deserve the success that they could have, if they applied for it in a particular way, I actually identify with you on that. Because I know a number of my clients, they sort of turn around and they sort of do say something like, Well, you know, I can’t see how that would work for me. And it’s not about it wouldn’t work, but it’s about their own belief that they could actually step into a situation and make that change. And that’s, that’s something that so many business owners have, it holds them back. Yeah. Yeah. And that’s, and that’s something that, you know, we all hope that they can overcome. We do, because we want a thriving small business community, you know, that’s what I want. I want all the people I tend to work, people are very passionate about what they do. And it’s about making a difference. And they, you know, we want those people earning money. You know, I do a lot of artists and therapists and coaches, and consultants who kind of go into councils and make a difference. And we want that those sort of people do really, really well as opposed to somebody selling plastic products, for example, you know, would be my view. And so, a great yeah, brilliant. So tell me, I mean, what’s the sort of valuable free action or valuable free resource that you could sort of point people towards that sort of really would help them get a grasp of a better money minds.

Jenny Bracelin 5:01

Well, it’s an odd moment hard about what to talk about, because it’s quite exciting for me at the moment as a money coach, because what’s happening out there in the world is exactly the, you know, the same way to manage your money. So for example, with the situation as it is what’s happening, people are reassessing. So my tool is a three step process. That’s my free free tool. So it’s a three step process. So firstly, people are reassessing what they want in their life. And when they think about money, lots of people just think I need more and more and more, I want to make millions. But actually, most people want enough money to have the life they want. And they’ve probably never worked out that figure is, and they probably never thought about it that way. So the first thing is, what do you actually want? You know, yesterday, I had a client, who was like, I need to grow my business, you know, I’ve just really slackened off during the last few months. And I said, I just got that, you know, I kind of know, you know, I’ve done a lot. I’ve done this for 25 years. And I said, if you stopped working tomorrow, how long would your money last? Like, how old would you be? And she said, Oh, I bet calculation. She went I’d be 150? About five. So you’re not exactly desperate for the money, are you? And I said what would you love to do? And she’s like, I want to write I said, well just do it, you know, we get one life, you know, don’t worry about money. So that’s a very unusual way of telling people don’t worry about the money to do what you love. So that’s the first step. The second step is to get intimate with your facts and figures. And again, this pandemic has highlighted this so starkly with the self employed grant and all the business measures for support. Because suddenly, people have got their tax returns out that they’ve never looked at in their whole life and gone.

Looking because I don’t know what I’ll do about it. Yeah, but you know, not looking doesn’t mean it’s not there, it’s still late. You, you might as well look at it like that sort of a, I don’t want to go to the dentist, he might tell me that I got about two, but it’s not going to hold, it’s not going to solve your tooth, the tooth problem will still be there. Mothers will go and address it. So yeah, absolutely. first of the month, Get your facts and figures, have a look at them, check what’s going on. And then you can at least make a plan to address that if you can do nothing else. I love that tip. I love it. Well, actually, I should be taking that away from this one and telling everybody I know that that’s the new first of the month, get your books, have a look at what the money is coming in. Even if even if the COVID means it’s worse this month, at least now you can address it by saying I know how much less I’ve got this month and I can do something about it. Yeah, right, Jenny, that is absolutely fantastic. So thank you so much for that. And I know you’ve got more on the LinkedIn site. So I’m just going to point to the bottom of the screen and say this is where Lin Jenny Webb was gonna say she lives but online.

Stuart Webb 11:03

Lots more about this. You can get more from there. So. So let me just come to our sort of fourth question. What’s the one sort of programme or course that you found this really sort of set you on this path, which sort of gave you the the the idea behind sort of getting your money mindset, right?

Jenny Bracelin 11:21

And I am I got this, as you said, I was a ballet dancer. And then I started a business hardhat tablecloths when I was 22. And I knew nothing about business. So it was like a really steep learning curve. I was reading books, and I would talk to the accountants and I’d be like, What are you talking about? It just didn’t make sense for my like, creative brain. And then I did a course. It’s called by landmark education. And it’s a three day in an evening intensive personal development course. And I did it because I liked quite a lot. I thought that would fix it, but actually did what it did, it cleared out my head, you know, all that negative internal chatter. And it just kind of cleared it out. And I was like, Oh, this is good. And sort of, I was very new in business. And I was earning 80 pounds a week, you know, it was a struggle. And I did the course and I went back to work on the Monday and I was like, Okay, I’m gonna win lots of money a business. That’s the reason to do it. And I got out my fingers and what I’ve played with them for about three hours, and I managed to increase my income from 80 pounds a week to 400 Oh, wow. Yeah.

And I thought, This is good stuff. And what I noticed is because I did go to university and do some business training, because I knew so little about business is that my business increased by 3%. Doing a year long university course, by doing our extensive weekend, personal development course increased, you know, exponentially. And so although you do need the practical techniques, you can’t just run off the law of attraction, combining the two, just makes life much easier, and more effective. So that’s what really set me off on this course. You know, I love that journey. And I’ll tell you, the reason I love it, it’s one of the things I I do bang on a bank. So if anybody’s heard this before, you know, I try and set aside 30 minutes a day, I mean, I’ve got university degrees, etc. But I still set aside 30 minutes a day to try and read something. And I love reading and doing that personal development because it does two things, one of which it opens your eyes to things that you didn’t know were going to happen anyway. And you don’t know, you know, what you’re going to discover when you sort of start delving into a book. But if you pick up a book, and go through from good to great.

I was gonna pick it up and show it just show it really is next to my on my desk, but it’s behind me and I turn around now I’ll recommend neck. But I’m going through and I read that and you know, you can in a few days, and you just sort of said a year’s course. But I mean, you know, in a very few days of reading, you can pick up 20 years of somebody else’s experience, which is a fantastic way of getting something for you to push your your personal development. And, you know, I applaud the fact that you as a ballet dancer, went and took yourself off to a university course which I think is brilliant. If anybody dancers out there listening it is possible. Yeah, you can stick to more than double, quadruple your, your your your current salary, which let’s face it isn’t going to be great during this pandemic. But that’s brilliant. So, Jenny, I’m gonna bring us to an end. Once again, Jenny’s here in LinkedIn, go find out more about her. What is the one question that I should have asked that you’d like to give great value to the audience, which I’ve now forgotten to ask you.

I think two things one is the follow on your book thing, which is I always get asked what’s the best money book and I will say the one you read nection they’re all good. So anyone that you’d read and take some actions from is the best money but for you. And the last thing is I’m real passionate fan of getting paid in business. And I’ve got some free videos on my website. I explained money slash free resources or to go to I explained money. And I just got sort of little one minute videos on how to get paid because I I get paid completely in advance now and have done

For many years, having learned through hiring out tablecloths that you need to get paid, otherwise, you work for a lot of nothing. So if anyone’s not getting paid or struggling to get paid to go check those out. That is a fantastic resource, I encourage you, once again, the that website reference that LinkedIn, if we people have made a note of LinkedIn, they’ll find you at LinkedIn and go to that website, and they get that free resource.

Stuart Webb 15:24

That’s brilliant. Jenny, thank you so much. Been a really, really entertaining few minutes, people, if you’re watching this, and you want to see more, go to the complete approach. And you can see there, it links to this interview series. And you can subscribe to get more so that you know exactly what we’re doing. We also have a this is put out as a podcast. And so if you want to join the, the the mailing list in order to get get that, go to this,

this website here, that’s a TCPA dot FYI, forward slash subscribe, then you can join the mailing list. And as soon as we release these as video or or audio podcasts, you’ll be notified about it. And you’ll be hearing Jenny on that in a very short space of time. Jenny, thank you so much for these few minutes. I really appreciate the time you’ve put in. I love the passion you’ve got about this. And I hope people go and check out what you’ve got to offer in terms of those free resources. So thank you very much indeed. Brilliant. My pleasure. Thank you for having me. No problem. Thank you.

Jenny Bracelin 6:39

Oh, I had no idea was that bad? Oh, you know, why am I not getting more support, because I’m paying enough tax. And so people are getting really kind of intimate with their fingers, how much they burn and kind of getting out. You know, they know what a personal survival budget is, which most people to be honest, I would say half my clients have no idea. And another way, don’t get really detailed with finances, I try and keep it joyful and fun. Actually, that kind of just to kind of talk about the first a month money day, all of those amounts, do your books, look at your finances, look at you find out your paperwork, do all of the first month and for the second to 31st. No worries. So that’s my second step. And then my third step, again, it’s very topical at the moment, which is to be positive with money. So so often the conversation is or, you know, it’s terrible, and it’s awful. And the tax system here is terrible. And the business rules here are terrible. And it’s really hard to make any money and you get this whole negative thing. And, you know, if you go to the financial press and learn about money, that tends to be warning, warning and lots of negative news. But actually, there’s always opportunities. And what we found is to keep ourselves sane during this time, we need to find a positive. And I’ve been doing brainstorming sessions with people to come up with COVID friendly businesses, it’s only one I’ve not managed to do, but we found something else for it to do. So at least you can earn a living and, you know, tide her over. But it’s keeping that positivity like this person, she’s a massage therapist. And she said to me, oh, everyone’s just closing their businesses, Jenny, you know, all my kind of Facebook forums are about how that, you know, we can’t earn a living because we haven’t worked for weeks and weeks and weeks this year. And I said, Listen, you earn three grand a month as a massage therapist, do not be giving that up, have a break, you know, have a rest, work with somebody else, we’ll come up with a project, which we’ve come up with a more online friendly business for her in case this goes on indefinitely. But it’s that, you know, sort of within about an hour of talking to people who are quite negative, she was suddenly thinking about giving up a hugely successful business, you know, and I think that’s the thing. And I’ve noticed it doesn’t matter what your industry is, some people are being successful, and some people aren’t. And it is down to your attitude. Because when you’re positive, you’re relaxed, you spot opportunities that you wouldn’t otherwise see. So that’s my three steps, which works in life. And it also works with money.

Stuart Webb 9:01

journey that is fantastic. I don’t know of anybody else. But I’ve just learned a huge amount I love to step to every I mean unit for me is the first of the month, but it’s so true. first of the month, get get out your facts, get out your figures, have a look, notice what’s happening. I mean, I noticed I know, I know, I suspect you do the same. I’m a massive one for taking my clients and saying to them, you know, I talked to them about doing a weekly series of indicators, which actually sort of you know how many customers that they got this week? How many customers have they gone? Her active? How big is their email list, all that sort of thing. You just go through that each week. And you look at it and go, Oh, I’d like that to be bigger. Well, that sets your plan, doesn’t it that helps you to think this month, I’m going to focus on making that bit better, because I’d like that one to be better. So just knowing that and i think i think a lot of us. I know this is the sort of thing that you’re probably going to turn around and go Yeah, that’s exactly what I’m trying to do. A lot of us look at that go well, I’m afraid I’m afraid