Last week at Hello Seven, we had a MAJOR launch — as part of the launch, we wrote and developed a whole new sales page, so we could open up our cart to new Club members on May 18.
All was going swimmingly, but we hit a small hitch with the new page development, and it became clear that we would need another day to get everything ready. Just one more day — no biggie, right?
But here’s the thing. One more day meant May 19.
And May 19 is my son’s birthday.
And I was planning on taking that day off so I could be with my fam and hang out at my kid’s birthday party.
Was I stressed about it?
Nope.
Did I have to miss my son’s birthday party because a major event in my business was happening on that same day?
Also nope.
Because over the years, little by little, person by person, I’ve been building a team that I can rely on. I’ve downloaded my genius to them, and they’ve become people I can depend on to run important projects and events successfully, whether or not I’m around.
Take this as evidence that becoming a millionaire and scaling to multi-millions is NOT a non-stop, never-see-your-family, money-over-everything, lonely, draining hustle.
The truth is, becoming a millionaire is a deliberate process during which you slowly but surely hire employees and take steps back from the day-to-day grind, because you know you can depend on your team to handle a major launch while you cut cake and sing Happy Birthday to your son.
I had young children almost immediately after graduating from law school, so I knew from the jump that I had to figure out a way to make money that didn’t require me to work insane hours and severely limit my quality time with my husband and children.
For me, the solution has never been to make as much money as I can, no matter what it takes. I have always been interested in finding creative ways to increase my income significantly without increasing my work hours.
Building a team — both at work and at home — has given me the time I need to focus on my career and not be distracted by the various daily tasks that take up time and energy.
All this is to say: You can’t become a millionaire without a team.
At least, not a happy, balanced one.
If you’re thinking about building a team yourself, know this:
Your team will not only provide the human power you need to scale your business, execute your vision, and complement your genius.
Your team will also provide you with the time you need to stop hustling, spend time with your loved ones, take care of yourself, focus on new and exciting projects, and rest.
I tell you this from experience — without my team, I would not be a millionaire.
Despite this truth, a lot of people fret and fear that you can’t become a millionaire without exploiting the people who work for you — lemme bust that myth for you right now.
As I've built and continue to build my team, I make sure to offer competitive salary and benefit packages, including monthly profit sharing, so that every team member can feel the impact of their hard work in their bank account, every month.
Case in point: I have two team members going on paid maternity leave in a few weeks. And just in the last month, my Program Manager bought a house. My Marketing Manager bought a minivan. And one of my Copywriters just paid off all her student debt (debt she thought she’d have to be paying for at least another decade!).
*cue applause for my team making boss ass money moves and important purchases with their own damn money!*
So if you’re worried about exploiting your team members, the solution is simple.
Don’t exploit anyone.
Pay your team members a good living wage, and offer benefits too. Give bonuses for exceptionally good work. Give paid time off. Give raises. Offer a flexible schedule. Treat them well, and be the dopest boss who ever lived.
Plus, like the old saying goes, “a rising tide lifts all boats.” You can be that rising tide, lifting your team even higher.
Maybe your Personal Assistant has a vision of founding a PA recruitment agency that makes connections with major executives from all over the world.
Maybe your nanny eventually wants to run a nanny agency and become the childcare tycoon of Tampa.
Maybe your dog walker dreams of attending veterinary school and running her own clinic one day.
Find out your employee’s long-term dream, encourage that dream, and help them take steps in that direction.
You can pay your team well, listen to their big goals, and help unlock doors for them.
This is the opposite of exploitation. This is mentorship.
To sum this all up… being a millionaire doesn’t mean you have to be a parent who misses out on important moments in their kids’ lives (or as society would like to call it, “being a bad mom” — can you feel me rolling my eyes?). It doesn’t mean you can’t have a life outside of work because you’re hustling non-stop. And it definitely doesn’t mean you have to exploit the folks you bring onto your team.
You can decide to do it differently — just like me and my team have. You can join us in redefining what it means to be a 7-figure business owner.
If you’re ready to build your team, but you’re not quite sure how to start, I got you. Go flip to “Million Dollar Team,” Chapter 9 of my book, We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power. It will teach you how to delegate, hire, and break through the mindset blocks that are holding you back from building the team you need to reach millionaire status.
The team you need to spend all day at your kid’s birthday party during a big launch in your business.
The team you need to handle the day-to-day, so you can focus on raising your (and your business’s) profile with exciting projects, like book-writing or media appearances.
The team you need to put out fires, so you can live your life, hang out with friends, take care of yourself, and know that the money is rolling in, even if there’s no ROI on your every activity.
Decide to do it differently, and build a team you’re excited to empower with great money and meaningful mentorship.
I can’t wait to see what you and your crew create.
xo,
Rachel
PS. Did you miss out on that legendary cart opening for We Should All Be Millionaires: The Club, [First Name]? Curb that FOMO and fear not, friend! There are still a few spots left in the Hello Seven Incubator — a 6-month, small, cozy group coaching experience where you’ll learn to make the right moves at the right time, depending on where you’re at in your business. AND it comes with a whole year of membership in The Club! The Incubator starts next week (Wednesday, 6/2, to be exact), so I suggest you snag your spot before it’s too late.
