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Investor Mama

Bio

Kim Ades (pronounced add-iss) is the President and Founder of Frame of Mind CoachingTM and JournalEngineTM Software. Recognized as an expert in the area of thought mastery and mental toughness, Kim uses her unique philosophy and quirky coaching style to help leaders identify their personal blind spots and shift their thinking in order to yield extraordinary results.

Author, speaker, entrepreneur, coach, and mom of five, Kim’s claim to fame is teaching her powerful Frame of Mind CoachingTM process to leaders, entrepreneurs, and influencers worldwide. Kim has been featured in a variety of online publications including Forbes and Inc. and has spoken for organizations including Microsoft and SHRM. In addition to being interviewed on many top-ranking podcasts, Kim coaches leaders live on The Frame of Mind CoachingTM Podcast.).

 

Key Take-Aways

  •  Keep your eyes open when you’re buying or selling anything big (I.e. business, real estate, etc.) Understand all of the extra charges that are coming your way, that you may not be aware of.
  • When you do get a heavy money blow in life, it’s not the end of the world. You have to think about it as “Hey, everything in life is okay. It’s not a serious illness. This is okay. Money comes and goes so this is recoverable.
  • If you’re thinking about starting a business the first thing you should do is think about what you need in order to start a business and what you don’t have.
  • Next, think about how you can get it.
  • Often people think they don’t have the money, the knowledge, the information, or the experience, but there are a lot of people around us who have each of those things. We just don’t believe that we can ask. We don’t believe that we can make use of those resources because they don’t belong to us. At the end of the day, those beliefs will fundamentally prevent you from taking action to start a business.

 

Lightning Round

1. What is one fun fact about you that not that many people know?

My parents were first cousins. They came from a different time culture and era. I grew up in Egypt and have a big family. When my father was looking for someone, he had his eye on my mother. They thought it was a great idea because they both came from a good family.

2. Who inspires you the most and why?

My parents. My dad was an entrepreneur who grew a massive business. He was very successful and ended up helping a lot of people as a result. My mom was only high school educated and came from Egypt straight to Montreal with two kids. At the time, I wasn’t one of them. I came later on in the scene and she decided she wanted to go get a job. She barely spoke English but still went to work in a bank as a secretary. She could barely type, but they gave her the job anyway. She was very determined and she worked her way up to becoming a bank manager. They were both very driven individuals who always made family come first, and had a spirit for life.

3. What books are you reading now or have read and loved that you’d recommend?

The Rosie Project by Don Tillman

The Same Kind of Different as Me by Denver Moore

4. What is one actionable tip or piece of advice that you can tell our moms out there to help them on their financial independence journey?

I’m going to give you a journaling prompt. Right before you go do anything, think about how you’re thinking about things, because the way you think about anything will determine how things unfold. That’s the law. So take a piece of paper and a pen and write down these questions. What do I really, really want?

That’s question number one, and I have two really’s in there on purpose. Think about what you really want, not what your spouse wants, not what your mother wants, not what your kids want, not what your neighbors want, or what you think you should want. What do you truly deeply personally want? The second question is, so what’s stopping me from having it?

Write down all the reasons, “oh, you know, I’m tired. I have kids, I have responsibilities. I have no money.” Write all of those reasons down and start to understand that they are a function that comes from your beliefs. Those things need to be addressed and challenged before you take action.

 

Additional Resources

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