FOUNDERS: Dangers of following your EGO - with The Money Mavens
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Josie May and Charlotte Balbier, are the dynamic duo behind The Money Mavens. Josie, after leaving her job as a social worker she became a six-figure business coach and global strategist.  Charlotte, from a dynasty of famous wedding dress designers, created her own fashion label which was turning over millions per year before she sold it for 7 figures,   After meeting and hitting it off immediately at a business mastermind, they started the Money Mavens brand, where they mentor  and coach businesses to scale and achieve their goals. Their clients include impressive 6 and 7 figure businesses, including a sustainable fashion brand with Nike and Adidas as clients.In this episode, they discuss numerous business failures and setbacks, including working on a new Money Mavens product for 6 months, only to scrap it before launch as their heart wasn’t in it. Charlotte losing a significant amount of money on a new business venture which she realises now was fuelled by ego; and Josie losing thousands on Facebook adverts that didn’t have any results.  They also share their own personal journeys to financial success, and they offer practical advice on how to overcome money blocks and achieve your financial goals. About The Money Mavens   Josie May and Charlotte Balbier, both proud entrepreneurs and coaches, unite under the banner of The Money Mavens, bringing decades of experience and success to the table. Josie, once a child abuse specialist social worker, pivoted after multiple miscarriages, leaving her job to concentrate on health. This courageous move led to a thriving coaching business now reaching six figures. On the other side, Charlotte, a multi-seven figure brand builder, faced postnatal depression after selling her wedding dress label for seven figures. Emerging into the light, she discovered a new fulfilling pathway—business coaching. Together, as The Money Mavens, they mentor and coach businesses to scale and achieve goals, supporting numerous 6 and 7 figure businesses, including a sustainable fashion brand with Nike and Adidas as clients. Get ready for an insightful conversation with Josie May and Charlotte Balbier, the entrepreneurial powerhouse behind The Money Mavens.   Key Topics Overextending a business, and losing huge sums of money  Feeling shameful after being burnt by an investment went wrong The need to take risks in business  The influence of family mentors on their abilities and mindsets Discussing societal stigmas around money   The differences in mindset to money between men and women A strong mindset around fear of failure including the quote "I didn't come this far to only come this far” Their contrasting backgrounds and careers, which has led to a unique partnership and business approach. Entrepreneurial intuition and that bravery required to pursue goals,  The dangers of caring too much, overdelivering for clients and the guilt this can bring  Recognizing when a business idea isn't the right fit. Importance of setting boundaries and prioritising self-care to avoid burnout Book mentioned: “Reboot by Jerry Colonna” Connect with The Money Mavens Money Mavens App Money Mavens Insta JosieMay Insta Charlotte Insta     Stay connected with Beyond the Fail: Join our mailing list here InstagramTik-tok Linktree  See omnystudio.com/listener for privacy information.
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