Honest Moments and Failing Faster, Beate Chelette, Author of The Women’s Code
Despite enduring multiple personal and business disasters that led her to start and restart her personal finance journey, Beate Chelette never gave up. She’s a firm believer and a solid example of self-determination, being a first-generation immigrant to the US. For no other reason, make sure you listen to this episode to learn which three questions you need to ask yourself in a moment of complete honesty.
- Accumulating debt throughout a decade, including a riot, an earthquake, floods, fires, 9/11, and lawsuits
- Losing her business and income multiple times
- Borrowing money to pay interest on borrowed money
- Starting a business because she felt otherwise unemployable
- Your successes and failures are your own, not the fault or the result of a system
- How to have an honest moment with yourself to determine if life is happening to you, life is happening for you, or you’re making like happen
- Clarifying your mindset is at the root of success
- The moment in nether Bavarian in front of a Baroque church seems to define her life
- Surrendering control over every aspect of life (let God/let go)
- The White House letter that answered her plea and helped her restructure her debt
- The reason behind the writing of her book
- Putting in the work to succeed requires you to take risks and get out of your comfort zone
- Leaving home before 17 because of the challenges of a parent’s mental illness
- Worrying about bills just twice a month
- It doesn’t matter where you are or what the future looks like now, you need to trust this is not your destination
- Imagine a light switch in every room in which you find yourself in life
- Use failure as a strategy, fail faster, and think of failures as the stop signs of life
Links referred to in the episode, and how to connect with the guest, Beate Chelette:
Business Growth Architect Podcast
Book: The Women’s Code