One of the things that we try to teach people is debt isn't bad, you can structure your finances in a way where you're paying off your debt but you're actually maximizing your ability to build wealth by slow paying low interest debt, and that's exactly what we do. What are some tools that you have used and some things that you might recommend for listeners who are either thinking about leaving the law or maybe they have some side hustle going on and they're trying to work through some of the mindset things that you're talking about? I'm the one who has these big ideas and so if they don't seem to be hitting, I'm the one that's like, Oh, this is the worst, and they're like, It's fine. Sarah Cottrell: Hi, and welcome to The Former Lawyer Podcast. Wealth Builders Society has helped me share concrete information and help him adjust to things like investing for retirement, slow-paying debt, and starting sinking funds. Make your business approach a priority. 7 in the world, out of the picture, a new group of tech leaders, including wireless equipment entrepreneur Robert Pera and Zoom CEO Eric Yuan, have broken into California's top ten richest billionaires this year. That's really challenging. Click here to learn more about our programs and courses. Today, youll read about Sarahs conversation with Tasha Cochran of One Big Happy Life. I'm also in the midst of creating a planner that goes along with Wealth Builders Academy and it's called the Wealth Planner. Once the world's youngest billionaire, Moskovitz joins his Facebook cofounder Zuckerberg in California's top ten, as his 2% stake in the company continues to grow in value. So, Tasha started to look into what she wanted her business to be and how she would make it profitable. Tasha went from working as a lawyer to running her own online business and growing it to six, and hopefully soon, seven figures. Sep 23, 2019 - #salespagedesign #salespagetips #salesfunnels #salesfunneltips #onlinemarketing #onlinecourses #emailmarketing. I'm like, Something's got to change. That's when I really started looking into, Okay, well, what do I want this business to be? Because it started out as a fun thing but I quickly realized that I had a mission, I had something that I believed in and I had something that I wanted to spread out in the world that I felt would make people's lives better. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Now, talking to my husband about finances and planning for the future is MUCH easier. I wrote that. Tasha Cochran: Okay. STEP 1. During that time, I was able to do that because I just started to study personal finance and the law. If anyone else comes behind me, they can watch my big chop video. That video just sat on YouTube for three years and then suddenly, I got $100 check right when I was at a super low point in that travel job so I started making YouTube videos. Before I do, I wanted to quickly let you know that I started offering free coaching. Now I have to proactively go out of my way to try to find other people to talk to. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Sarah Cottrell: I am super excited to have you. You need to change this.. I'm an introvert so I don't necessarily gain a lot of energy from being around people but for sure, and I know I've talked about this with some other guests, but leaving my lawyer job and then being in a position where I am not leaving the house very much, you realize like, Oh, I actually do miss just those little daily interactions that you don't get when you're working for yourself at home.. Sarah Cottrell: When you got to law school, was law school what you expected it to be? She went to the FDIC to do regulatory work, but she wasnt working as a lawyer. Get clarity on your reason 'why' and overcome inertia by setting your 1, 3 and 5 year goals and set your sights on creating a lasting family legacy. Tasha Cochran: Okay. I love that I have my family that can cheer me on but I also love my business coach who is several steps ahead of me. You don't have to choose to continue to live in that house. I cannot thank you enough for this education!. The roadmap and content videos with the coaching sessions have been so valuable. I tried litigation. I'm like, But there are people in the New Jersey Office, why am I in New Jersey?. If your job is stops you from doing that, you need to make a choice. We teach people how to do that. Of course, you can find me at One Big Happy Life everywhere, onebighappylife.com and One Big Happy Life on YouTube and Instagram. That's why I went to law school to understand the law because I had bought a house, I bought a car, and there were a couple of times in those transactions where as I was reading, I just happened to read the contracts and be able to put two and two together like, This is not what we verbally agreed to. Life isn't just about one thing but money touches on just about. You mentioned products and programs, so do you want to talk a little bit about what programs or products you all have now? I have those all over the place because my daughter Alexis is now 17 and she is involved in the business and also Joseph's in the business too so I take it the hardest because I'm the visionary in the business. So, she decided to change jobs again but stay in the same field. Tasha is a shining example of what it is like to craft your own journey . Zoom CEO and founder Eric Yuan benefitted from an astronomical growth in his company's share price as millions of people around the world turned to its video conferencing app for remote work and virtual hangouts. Enter your name and email address below and I'll send you periodic updates about the podcast. As a lawyer working in consumer finance, Tasha saw how much misinformation was being spread by financial gurus. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. We teach people how to enjoy life, enjoy the things that they want to have in their lives, so live full lives, and yes, spend money, but also balance enjoying life today while also building a seven or multi-seven figure nest egg. Its taught me that finances are about so much more than just numbers! Tasha Cochran: I really enjoyed the intellectual aspect of law school. This I have done, and am now undertaking the 9 steps and am very excited about what the future holds. Pera soars into the world's top 100 richest people after massive stock gains for his wireless equipment maker Ubiquiti more than doubled his fortune. Money shame is real. You're a lawyer, you've already invested in yourself, so continue to invest in yourself, hire a coach that is doing what you want to do. ), then in legal publishing, and finally as an appellate court staff attorney. This website uses cookies to improve your experience while you navigate through the website. It's funny because when you look at the dominant narratives in personal finance, they come from two primary places, one is the FIRE movement and one is the Dave Ramsey camp. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. I have a couple questions about what advice you would give to people and the first is just generically what advice do you have for people who are looking to leave the law? I ended up documenting my journey to get a new job which is the CFPB job. The founder and president of philanthropic vehicle Emerson Collective, Powell Jobs has put money into causes including education, immigration, environment and the media. This experience was how Tasha first learned how important the law and money really are. How many things can I achieve? More than half of the 35 Californian newcomers became billionaires thanks to a growth in tech industry assets. Click here to learn more about The Sophisticated Investor. I used to complain about my commute but after six weeks of basically sitting in the house, I'm like, I think I need to go work in Starbucks or something. I need to just see people because I could go for weeks with only seeing Joseph and my kids. It was a laid-back approach since she was also a single mother. I ended up doing consumer finance work as part of that fellowship and that's when it really hit home that oh, obviously, that is what I should be doing. For me, that balance worked out really well. This cookie is set by GDPR Cookie Consent plugin. You've now been doing the not practicing as a lawyer, working in the business full-time thing for I think you said six weeks? Tarzan's email swipes and launch strategies help me hit 5-figures in my very first launch (of a $37/mo membership). Upcoming plans: baby and opening my own private practice! Was it three years ago that you first started making additional videos? I breastfed for two years. Something had to go and I had to make the decision, Well, what do I want next in my career? and I chose my business. Create your business plan and actually have your profit plan. Sarah Cottrell: Oh, yeah. Often, and again, I'm totally speaking from my own experience here, often I think that part of that turns into not really thinking about yourself as a whole person, mind, body, soul, spirit, and just thinking of yourself as like how much work can I do? One Big Happy Life gives you the down-to-earth practical advice that you need to finally take control of your life and your money once and for all. YouTube was our first platform. For the first time I'm taking steps to get better educated about money and the life I want!! The cookies is used to store the user consent for the cookies in the category "Necessary". Now, the mom of Alexis, 18, and Reeves, 4, is a lawyer and wealth. Tasha Cochran is an attorney, co-founder of One Big Happy Life, and a true trailblazer for lasting and effective financial freedom. I also have not read that book but I feel like everyone else has. You only get one life. Sarah Cottrell: I think that is something that is really important for lawyers and non-lawyers and pretty much everyone in between. The other thing that I was going to mention, I know on your channel, you have a video, I think it released pretty recently where you talked about the growth of the business from your first year until now and the exponential growth that occurred year over year, I will definitely put a link to that and also to the net worth stuff in the show notes so people can check that out if they're interested. Schmidt Futures, their philanthropic organization, has announced initiatives such as a fund to provide 50,000 students with free internet. Then, of course, I also have a business coaching program and a course on how to start a YouTube channel. She originally started on Youtube. We talked and he gave me excellent proactive advise and discussed the idea of me joining the Wealth Builders Academy and Community. Yuan has said that other areas of giving will include climate change and social equity. All the spreadsheets with the formulas already plugged in have been SO beneficial. Thank you so much for joining me today, Tasha. By clicking Accept, you consent to the use of cookies. How to Invest Your Money & Start Building WealtH WITH EASE >>>. I'm so glad you were able to come on the podcast today, Tasha. I think certainly anyone who has kids can understand how it can sometimes pretty radically shift your priorities. Then, of course, my therapist who I can talk to, and he gives me also that perspective of like, You're being too hard on yourself. Sarah Cottrell: I love that. It's been truly life-changing and given me the tools and mindset training I need to create a vision for that dream; and an action plan to bring it to fruition. She was on active duty in the Marine Corps and facing the challenge of being a single mother, all at the same time. There are actually so many things that I miss. Neither one of my parents graduated from high school and so just going to law school really opened my eyes to what was possible for me, and just to be around people who had these big visions and goals, and yes, some of them, they want to be president, and that's incredible to be around a group of people where anything is possible. Out of my way to try to find other people to talk a little bit about programs! She would make it profitable the formulas already plugged in have been so valuable find other to! You enough for this education! philanthropic organization, has announced initiatives such as lawyer... 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