Mar 9, 2022
Welcome back, listeners! It’s Season 4 of Owning Up!
First, we are grateful for YOU, our listeners, partners, and sponsors.
Now, let’s jump right in! This season, Moni wanted to bring on guests who influence the community and are dreamers, makers, doers, believers, bold and bravely creating the career of their dreams. This podcast is here to support military spouse business owners.
Our guest this week is Lacey Langford - veteran, military spouse, financial coach, and speaker. Lacey grew up as an army brat and then joined the air force, where she met her husband. After getting out of the military, she realized that she wanted a PCS-proof career. So she went back to school for her finance degree but struggled to reach her full earning potential and decided to start her own business.
Some takeaways from this episode:
- Lacey realized she was tired of volunteering but is so glad she did because she believes volunteering allows you to learn and grow in areas where you aren’t the greatest. You can fail, and it’s okay.
- Your business is your imaginary friend. No one gets it at the beginning. It’s only you. You’re trying to get others on board with something when it’s starting.
- You have to build your confidence. If you don’t believe in yourself, no one else will.
- You need to understand every component of your business, even if you’re not going to be the one to do it. It allows you to know all the ins and outs of your business.
- She realized that she could reach more people with a podcast and write her blog, so she did!
- Ignore the people who criticize you. They aren’t going to be there for you or support you.
- Finances in the military don’t have to be a scary topic. Don’t beat yourself up with your finances wherever you are in life. But, spend more than you make and save and invest for the future. That’s the core to financial freedom.
- Save for emergencies and opportunities. Unfortunately, most people only save for emergencies.
- Take things as they come and know you need to make money.
- Start your business even if you’re not an expert yet. Just start! You can’t be an expert until you start and get going.
- Entrepreneurs can get a 401K. So start planning for your 80-year-old self now.
If you're a milspouse with a business or are thinking of starting one, join us here at AMSE Membership. Check out other episodes, and we will see you all next week!
Follow Lacey on LinkedIn or visit her website today! Listen to Lacey’s podcast - Military Money Show on your favorite podcast platform. Get tickets for the MilMoney Con in Cary, North Caroline today!
If you’re new to Owning Up, make sure and subscribe, so you’ll know when a new episode drops. You can also join the Facebook group to see what other milspouse entrepreneurs are up to and receive the latest AMSE news.
We’d love to have you join our fantastic community!