Two years ago, Jenn Scalia, 34, was a recently divorced New Jersey mom, unemployed and living with her parents — and miserable. This year she will bill $500,000 ($400,000 profit) from her coaching and business consulting business for female online entrepreneurs. One month she did $100,000 in sales.
What struck me about Jenn's story is not just that she made so much money, so quickly, but that she chose to make a 180-degree turn on her money mentality. I know a lot of people, including a lot of very rich people. There is not a big intelligence gap between the middle-class and the affluent. But there is a difference in money mentality. How did Jenn jump from one club to the next? After all, before losing her job, she felt she was doing really well with a $38,000 per year social marketing position for an Atlantic City casino. Then, she realized she deserved a whole lot more — and got it.
In this episode Jenn and I discuss the steps she took to get through the money hangups that were holding her back [raise your hand if you, too, have daddy issues (me raising hand)], how it feels to be so financially abundant, and what she does to enjoy her newfound wealth.
I was so inspired by Jenn's single-mom success story that I also featured her in my new video course: How Not To Be A Broke Single Mom. She is one of 6 moms that I profile who found amazing professional and financial success after becoming single moms.
Emma Johnson is a veteran money journalist, noted blogger, bestselling author and an host of the award-winning podcast, Like a Mother with Emma Johnson. A former Associated Press Financial Wire reporter and MSN Money columnist, Emma has written for the New York Times, Wall Street Journal, Forbes, Glamour, Oprah.com, U.S. News, Parenting, USA Today and others. Her #1 bestseller, The Kickass Single Mom (Penguin), was named to the New York Post's ‘Must Read” list.
Emma regularly comments on issues of modern families, gender equality, divorce, sex and motherhood for outlets like CNN, Headline News, New York Times, Wall Street Journal, Fox & Friends, CNBC, NPR, TIME, MONEY, O, The Oprah Magazine and The Doctors. She was named Parents magazine’s “Best of the Web,” “Top 15 Personal Finance Podcasts” by U.S. News, and a “Most Eligible New Yorker” by New York Observer.