Afleveringen
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In this episode of The Journey, Morgan DeBaun sits down with Dr. Ayana Elizabeth Johnson, a renowned marine biologist, policy expert, and author to explore the crucial steps individuals can take to create a more sustainable climate future.
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In this episode:
00:00 Introduction and Guest Welcome
00:30 Climate Power Partnership and Daily Actions
01:10 Fashion and Consumerism
03:07 Dr. Johnson's Journey to Marine Biology
04:59 Current Work and Climate Crisis
06:42 Personal Actions and Impact
11:31 Financial Choices and Climate Impact
13:56 Dr. Johnson's Book and Vision for the Future
17:39 Framework for Climate Action
19:10 Personal Climate Action Tips
19:56 Leveraging Unique Skills for Impact
21:10 Founding an Ocean Policy Think Tank
24:22 Building Coalitions for Ocean Justice
29:03 Climate Solutions and Policy Changes
34:59 Commitments and Actions for Climate
37:39 Conclusion and Next Steps
In the episode, Dr. Ayana Elizabeth Johnson emphasizes the importance of individual action, encouraging listeners to understand how everyday choices make an impact. The conversation covers practical ways people can combat climate change with actions ranging from recycling aluminum and buying second-hand to choosing climate-friendly banks and voting for climate-conscious candidates.
They discuss Dr. Johnson's new book, What If We Get It Right? Visions of Climate Future, and the inspiration behind this thought-provoking anthology. Dr. Johnson shares her framework for how individuals can determine how they can make a personal difference in the fight against climate change.
Dr. Johnson and Morgan talk about the creation of Urban Ocean Lab, a think tank focused on urban ocean policy, and highlight the positive impact it's made. They also touch on the influence of economic incentives in the shift toward greener energy and the importance of the upcoming election for the climate future.
Hear Morgan's personal commitments to making a positive impact on the environment, and get inspired by Dr. Ayana Elizabeth Johnson to explore how you too can make a difference!
More from Dr. Ayana Elizabeth Johnson:
https://substack.com/@ayanaeliza
https://www.ayanaelizabeth.com/
https://www.instagram.com/ayanaeliza/
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It's time for another Ask Me Anything with Morgan DeBaun on The Journey! This week, Morgan is answering questions submitted by YOU, spanning everything from effective hiring to dating and relationship success.
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00:00 Introduction to AMA Episode
00:24 Hiring and Managing Virtual Assistants
03:32 Moving in Silence vs. Being Loud
09:08 Balancing Entrepreneurship and Personal Life
15:51 Navigating Relationships with Success
19:37 Joining Advisory Boards and Personal Branding
22:28 Conclusion and Final Thoughts
Morgan kicks off the episode by diving into her unconventional approach to hiring virtual assistants, before offering a candid look at how she decides when to move silently and when to make bold, public moves in her business ventures. She also opens up about her journey to build a healthy romantic relationship as a female entrepreneur and how she has maintained meaningful connections with the people she cares about as her success has grown.
Finally, Morgan shares what it takes to land a spot on a board - emphasizing the need to excel at what you do, build a personal brand, and cultivate a powerful network that can put your name in the right rooms.
Whether you’re looking for career advice or relationship wisdom, this episode has something for your own entrepreneurial journey! Have a question for Morgan? Let her know on Instagram and maybe you'll hear it answered in the next AMA episode!
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Zijn er afleveringen die ontbreken?
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In this solo episode of The Journey, host Morgan DeBaun explores the world of professional speaking as a way to diversify your income. Whether you're new to the speaking circuit or looking to refine your skills, Morgan's insight and expertise will help take you to the next level.
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00:00 Introduction and Episode Overview
00:37 Why People Pay You to Speak
00:56 Keynote Speaking: The Art and Challenge
02:45 Interactive Workshops: Engaging Your Audience
04:13 Fireside Chats: A Casual Approach
06:11 Panels: Entry-Level Speaking Opportunities
07:35 Understanding Value Exchange in Speaking
09:10 Trending Topics and Unique Niches
13:55 Pricing Your Speaking Engagements
20:08 Evaluating Speaking Opportunities
23:03 Agents and Negotiating Deals
26:24 Improving Your Public Speaking Skills
29:19 Conclusion and Final Tips
Morgan starts by breaking down the four key categories of speaking opportunities - panels, keynotes, workshops, and fireside chats - delving into the nuances of each as a money-making endeavor. She outlines which options she recommends depending on individual factors, and shares how to stand out and get booked as a high-value speaker.
Tune in to discover how to position yourself for success, create value for your audience, and unlock new revenue streams through professional speaking. Sign up to receive Morgan's newsletter for more tips and insights on how to be successful in your speaking career.
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Jeff Nelson is back on The Journey! This week, Morgan DeBaun is sitting down with her Blavity co-founder to exchange thoughts on the upcoming election and explore the rapidly evolving world of artificial intelligence.
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In this episode:
00:00 Welcome to the Journey Podcast
00:50 Discussing the DNC and Kamala Harris
03:25 Palestine and Political Rhetoric
07:21 Kamala Harris's Political Journey
17:08 The Importance of Voting
18:22 Diving into AI Innovations
18:27 Exploring Claude
19:27 Open Source Tools for Developers
19:53 Impact on Engineering and Product Teams
21:14 Security Concerns with AI
22:53 Creating a Personal GPT with ChatGPT
26:41 AI in Media and Business
32:05 AfroTech and AI Hackathon
35:15 The Future of AI and Society
38:31 Concluding Thoughts and Takeaways
Jeff and Morgan start the episode off by discussing the Democratic National Convention and the current political rhetoric surrounding Palestine. They dive into perceptions of Kamala Harris, reflecting on how her image has evolved since becoming the Democratic nominee, and discuss how critical it is for citizens to get out and vote in the November election.Shifting gears, Jeff and Morgan take a look at recent developments in artificial intelligence. Morgan reveals how she essentially created a bot of herself to streamline content creation and communication, and they discuss the potential and implications of such technology. The conversation also touches on the innovative ways AI is being integrated into AfroTech this year, as well as the challenges and opportunities of raising children in an AI era.As always, Morgan and Jeff's insights are sure to move you to action when it comes to both civic engagement and technological exploration. After listening, consider leaving a rating and review to show your support!
To learn more about the AfroTech AI Hackathon, visit https://afrotech.devpost.com/
More from Jeff:
https://www.linkedin.com/in/jefftnelson/
https://www.instagram.com/thatjeffnelson/Join the Newsletter for More Exclusive Content: https://worksmartprogram.ac-page.com/thejourneypodcast
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This week, Morgan DeBaun is joined by the multi-talented Lisa Beasley, most known for her portrayal of Corporate Erin on social media. Together, they discuss what it takes to build a sustainable creative business and how Lisa made the leap from theater to social media stardom.
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In this episode:
00:00 Welcome to the Journey Podcast
00:49 Meet Lisa Beasley: From Church and Clarinet
02:06 College Days: Music, Bands, and Acting School
04:55 Theater and Improv in Chicago
06:36 Navigating the Improv World and Activism
10:39 Corporate Life and Creative Hustles
14:25 Digital World and Character Development
22:18 Political Satire and Campaign Interactions
22:58 Navigating Social Media and Personal Branding
23:42 Corporate Erin: Growth and Strategy
25:11 Monetizing Social Media Presence
26:14 Business Acumen and Revenue Streams
31:45 Creative Expansion and Team Building
32:29 Future Plans and Character Development
40:49 Advice for Aspiring Creatives
43:36 Final Thoughts
In the episode, Lisa shares her journey from church choir and clarinet practice to pursuing a career in the arts. She recounts the challenge of making money as an actor, and what she learned from the world of improv and theater in Chicago.
Together, Morgan and Lisa explore the complexities of balancing creative passion with making money sustainably, as well as the perseverance required to make it in the entertainment industry. They delve into Lisa's experiences working for Cards Against Humanity, co-founding a consulting business, and ultimately embracing her craft on social media with impersonations of Margaret Thatcher and Lori Lightfoot and the development of her most well-known character, Corporate Erin.
Throughout the episode, Lisa offers valuable insights into monetizing a social media presence and building a sustainable business as a creative. Tune in to hear how Lisa's journey has shaped her into the dynamic creator she is today, and learn how you can apply her lessons to your own path.
More from Lisa:
https://www.instagram.com/lisabevolving/
https://www.tiktok.com/@lisabevolving?
https://www.lisabexperience.com/lbxp
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This week Morgan DeBaun is joined by Angela Rye, an award-winning host, social justice advocate, lawyer, and commentator, for a powerful conversation on civic engagement and the political impact of speaking up this election season.
Episode brought to you by:
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Go to Quince.com/journey for free shipping on your order and 365-day returns.In this episode:
In this episode:
00:00 Welcome to the Journey Podcast
00:04 Introducing Angela Rye
00:51 Catching Up with Angela
01:25 Life Changes and Family Priorities
02:10 Balancing Ambition and Personal Life
03:39 Navigating Relationships and Career
04:19 The Reality of Freezing Eggs
12:11 Advocacy and Public Life
21:13 Mentorship and Professional Development
23:05 The Power of Pouring into Others
25:19 Public and Private Interests in Elections
29:25 The Influence of Billionaire Donors
34:24 The Essence of Democracy
36:04 Final Thoughts and Call to Action
At the top of the episode, Angela opens up about her personal journey with fertility. She emphasizes the need for more conversation on the matter, especially for women prioritizing their careers.
The episode takes a turn into politics, as Morgan delves into her own experiences navigating civic engagement, sparking a passionate discussion with Angela on the importance of political involvement. They explore the challenges of personal safety when taking a stand and why personal comfort must be risked in the pursuit of freedom and liberation for Black people. Angela stresses the impact of mentoring the next generation as a way to make notable change.
Together, they address the extensive influence of money on democracy, specifically dissecting Ben Horowitz's endorsement of Trump and the impact that billionaires in particular have on political outcomes. They also discuss how people are getting involved in democracy following the announcement of Kamala Harris as the Democratic nominee.
Tune in for an episode that is sure to inspire you to get involved in the political conversation. Don't forget to support the podcast by leaving a rating and review wherever you listen!
More from Angela:
https://www.instagram.com/angelarye
https://angelarye.com
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This week on The Journey, Morgan DeBaun opens up about her evolving relationship with money and how she has created a life of true wealth.
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In this episode, Morgan reflects on her money mindset journey, from her early days as a money-savvy child to the financial stress she experienced during the early days of Blavity. She shares how hiring a wealth manager and creating multiple income streams has helped her intentionally transform her relationship with money.
Morgan dives into the distinction between being rich and having true wealth, highlighting her use of a personal wealth code for making financial decisions. Morgan also reveals how she buys back her time by eliminating tasks that don't bring her joy, such as driving and grocery shopping, using services like Uber Black and Instacart.
Tune in to learn how you too can transform your relationship with money to live a wealthy life. For ideas on how to invest in yourself along the way, check out Morgan's Rich to Wealthy resource: https://worksmartprogram.com/rich-to-wealthy/
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Produced by MicMoguls.com
In this episode:
00:00 Introduction to the Journey Podcast
00:01 Redefining My Relationship with Money
01:06 The Early Days of Blavity
02:17 Facing Financial Challenges
03:46 Hiring a Wealth Manager
04:52 Buying a House and Building Equity
05:35 Creating Multiple Income Streams
06:31 Achieving Financial Freedom
08:09 Defining True Wealth
11:59 Living a Wealthier Life
17:11 Investing in Community and Values
19:31 Conclusion and Final Thoughts -
This week, Morgan DeBaun sits down with artistic intellectual and multi-hyphenate, Amanda Seales, for a conversation between two friends. They're discussing how they've navigated the spotlight and the importance of defining your own story as a public figure.
This episode is brought to you by:
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In this episode:
00:00 Introduction and Episode Overview
00:33 Meet Amanda Seales
01:41 Amanda's Early Career and Professionalism
05:03 Balancing Work and Personal Life
08:23 Life as a Multi-Hyphenate
10:40 Challenges of Being an "Influencer"
16:33 Public Perception and Media Criticism
23:49 The Club Shay Shay Interview
27:14 Reflecting on a Painful Experience
27:37 Understanding Direct Communication
28:45 Appreciating Friendship and Fellowship
30:13 Navigating Public Perception and Support
32:36 Embracing Independence and Growth
34:47 Redefining Success and Lifestyle
37:36 Building a Supportive Community
38:39 Exploring New Platforms and Content
51:13 The Importance of Digital Marketing
51:53 Upcoming Shows and Final Thoughts
Amanda takes us back to the early days of her career, sharing how her journey in the entertainment industry began as a child and the lessons in professionalism she learned along the way. They delve into the intricacies of balancing life and work, emphasizing the hard work and dedication it takes to reach a point to prioritize personal self-care.
As a true multi-hyphenate, Amanda distinguishes between what it means to wear multiple hats successfully versus merely dabbling in various interests. The conversation also touches on the challenges of being a public figure, with both Morgan and Amanda sharing their strategies for being intentional about their public personas.
Amanda opens up about what led to her Club Shay Shay interview, revealing the lessons she learned and how it shaped her perspective. She talks about the need to be loud with positivity in a world often overshadowed by darkness, and how she’s chosen to downsize and optimize her life. She also expresses how her autism diagnosis has allowed her to be easier on herself, ultimately making life feel more manageable.
Join Morgan and Amanda for this candid conversation filled with heartfelt emotion, laughter, and exceptional wisdom. Make sure you are subscribed to Morgan's YouTube channel to catch the full video version of the episode and more!
More from Amanda:
https://www.amandaseales.com/
https://www.instagram.com/amandaseales/
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This week on The Journey, Morgan DeBaun is joined by renowned negotiation expert Kwame Christian for an enlightening discussion on the art and science of negotiation. Kwame, a two-time best-selling author, lawyer, and founder and CEO of the American Negotiation Institute, is sharing how he empowers individuals to excel in negotiations in both business and life.
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Chapters:
00:00 Introduction to the Journey Podcast
00:21 The Importance of Negotiation Skills
00:43 Understanding Negotiation Frameworks
02:57 Kwame Christian's Journey
04:59 Founding the American Negotiation Institute
05:58 Basics of Effective Negotiation
09:43 Deep Listening in Negotiations
11:33 The BATNA Framework Explained
13:13 Maintaining Leverage in Negotiations
14:38 Personal Negotiation Experiences
18:01 Engaging with the American Negotiation Institute
19:52 Micro-Negotiations in Daily Life
21:15 The Importance of Intentionality in Relationships
22:47 Navigating Hierarchies in Negotiations
24:33 Overcoming Biases in Negotiations
27:21 Building Genuine Connections
31:09 The Power of Social Interactions in Business
35:44 Effective Questioning Techniques
38:28 Conclusion and Resources
In this episode, Kwame demystifies the concept of negotiation, emphasizing its presence in all aspects of our lives. He outlines three essential skills for becoming a better negotiator, and they discuss the crucial role of deep listening in the negotiation process.
They explore the distinction between positions (what someone wants) and interests (why they want it) and delve into the BATNA framework, highlighting the importance of defining your "best alternative to a negotiated agreement" before stepping into negotiations.
Morgan opens up about her journey raising capital for Blavity, shedding light on the negotiation strategies and mindsets that fueled her success. Kwame underscores the significance of stating our intent in both business and personal negotiations and offers insights into navigating power differentials, such as negotiating with a boss.
Kwame addresses the unique challenges women and people of color face in negotiations, sharing strategies to overcome biases. He introduces the concept of "helpful fictions" to boost confidence and mindset. They also discuss the value of creating human connections before negotiations, a tactic Morgan has seen first-hand in high-powered circles.
Grab a notebook and tune in to discover how to ask the right questions in a negotiation and gain practical tips to enhance your negotiation skills from two masters of the craft. It's time to get what you want in business and life!
More from Kwame:
https://www.linkedin.com/in/kwamechristian/
https://www.instagram.com/kwamenegotiates
https://podcasts.apple.com/us/podcast/negotiate-anything/id1101679010
https://www.americannegotiationinstitute.com/
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This week, Morgan DeBaun sits down with Melinda Sykes, a powerhouse in the salon franchise industry. Melinda opens up about her entrepreneurial journey, from staying in her 9-5 job longer than expected, to scaling her micro-empire of wax studios through franchising and acquisitions.
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In this episode:
00:00 Introduction and Guest Welcome
00:16 Diving into Franchising and Entrepreneurship
01:18 Melinda's Journey from Corporate to Entrepreneur
02:58 Launching the First Franchise Salon
04:18 Scaling and Expanding the Business
05:20 Balancing a Corporate Job and New Business
09:17 Operational Insights and Business Economics
15:27 Acquisitions and Future Plans
17:04 Insights on Business Acquisitions
17:39 Balancing Business and Personal Life
18:14 The Passion for Real Estate
19:29 Defining Financial Independence
24:46 Navigating Franchise Opportunities
30:03 Steps to Launching a Franchise
32:14 Resources for Aspiring Franchise Owners
33:54 Conclusion and Final Thoughts
In the episode, Melinda Sykes shares her insights on what it takes to run a thriving studio or salon, from shaping the company culture to hiring a director of operations. She reveals how memberships have become the lifeline of her business, providing the cash flow necessary to sustain growth and operations.
Melinda delves into the complexities of being a franchisee, highlighting both the freedoms and restrictions that come with it. She also discusses her experience acquiring franchised businesses and offers practical advice on what the entire process looks like.
Morgan and Melinda highlight how entrepreneurs should understand their desired lifestyle so they can reverse engineer business efforts to align with financial goals that support that lifestyle. They also discuss the critical aspect of exit planning, even if an exit is not on the immediate horizon.
Tune in to hear Melinda's wealth of knowledge and gain actionable tips for your own entrepreneurial journey. Whether you're considering franchising or looking to grow your existing brick-and-mortar business, this episode is packed with valuable insights you won't want to miss. Don't forget to check out this episode on YouTube and subscribe to the channel there!
More from Melinda:
https://melindasykes.com/
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This week, Morgan DeBaun is joined by Black Paper Party co-founder Madia Willis to discuss all things retail success - from product development and licensing to navigating the seasonal product market.
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Subscribe to The Bossbabe Podcast on Apple, Spotify, or your favorite platform to level up your business.
In the episode, Madia reveals the process of transforming creative ideas into products that stand out on the shelves of major retailers. She discusses Black Paper Party's approach to capitalizing on trends and how the brand utilizes licensing to expand their product range and brand awareness.
Madia opens up about the challenges of a seasonal business, sharing how Black Paper Party handles uneven cash flow and a fluctuating team throughout the year. She also divulges what potential growth looks like for a company that is already featured in some of the biggest retailers, explaining that the goal now is saturation.
Morgan and Madia explore the dynamics of working with co-founders and the value of having a board to help in decision-making. They also address the difficulties Black-owned businesses have faced in the past few years, including being dropped by major retailers due to low sell-through rates.
This episode offers a valuable look at the inner workings of a thriving seasonal, product-based business! Tune in, and be sure to leave a rating and review on Apple Podcasts to show your support of The Journey!
More from Madia:
https://www.linkedin.com/in/madiawillis
https://www.blackpaperparty.com/
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This week on The Journey, Morgan DeBaun is spilling the tea on 7 habits that just might be holding you back from achieving your highest levels of success in business and life.
This episode is sponsored by:
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Want to try a new hobby? Take Morgan's Hobby Persona Quiz to find your perfect match: https://www.morgandebaun.com/hobby-persona
In the episode, Morgan breaks down the bad habits that many entrepreneurs get caught up in, from defaulting to one-hour meetings and not delegating enough, to overthinking and relying too heavily on goals. Plus she's talking self-care, boundaries, and why failure doesn't need to be avoided at all costs.
Take this episode as an opportunity to reflect on your own habits and find new levels of success in your business! Let Morgan know which habits you want to break by responding to the newsletter or commenting in her entrepreneurship channel on Instagram. And make sure you are subscribed to Morgan's YouTube channel to catch exclusive content coming soon!
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This week on The Journey, Morgan DeBaun sits down with Brian Adamson, a seasoned real estate investment expert with over 15 years of experience in property investment. Brian is sharing his invaluable insights into why real estate can be a great investment option and what it takes to succeed in the business.
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Throughout the episode, Brian highlights the critical role that education and mentorship play in real estate investing. He emphasizes the importance of protecting your assets and making informed decisions when evaluating whether real estate is the right addition to your investment portfolio.
Morgan and Brian explore the factors behind considering this investment path, and provide a comprehensive look at what it takes to start and succeed in real estate investing. They also discuss the varied reasons different investors turn to real estate investment, as some may be more interested in the tax write-offs than the actual returns on their investments. Brian also breaks down the difference between investing for cash flow versus investing for equity.
As the episode wraps, Brian shares why he's a strong advocate for remote investing, explaining how investing in properties outside your immediate geographical area can open up new opportunities and diversify your investment portfolio.Whether you're a seasoned investor or just starting out, this episode is packed with actionable advice and thoughtful insights from a true expert in the real estate investment space.
Tune in, and be sure to let Morgan know your takeaways and any other questions you might have when it comes to investing in real estate!
More from Brian:
https://brianadamsonofficial.com/
https://www.instagram.com/brianadamsonofficial/
https://www.youtube.com/@brianadamsonofficial
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This week on The Journey, Morgan DeBaun sits down with the unapologetically authentic Luvvie Ajayi Jones. From launching her blog in 2003 to becoming a best-selling career author, Luvvie shares her incredible journey and the lessons learned along the way.
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Luvvie opens up about the power of authenticity, advocating for a less filtered and overly planned approach to content creation. She discusses the complexities of speaking up, providing insights into her decision-making process on when and how to voice her truth.Morgan and Luvvie delve into social media engagement, exploring why posts about relationships and babies often garner more attention and what that means for content creators. They also discuss their intentional decisions to live outside of the hubs of New York and LA, finding balance away from the non-stop event circuit and public expectations of prominent figures.Luvvie highlights her transformation into a career author, celebrating the success of her first four books and hinting at more to come. She emphasizes the importance of diversifying voices in published thought leadership, and discusses how her program, Book Academy, is empowering more people - especially those outside the traditional white male demographic - to share their perspectives through books.Tune in for an inspiring conversation with Luvvie Ajayi Jones, and let Morgan know your takeaways from the episode by leaving a review on Apple Podcasts. To catch Morgan's guest appearance on Luvvie's podcast, make sure you're subscribed to Professional Troublemaker with Luvvie Ajayi Jones!
More from Luvvie:
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https://www.instagram.com/luvvie/
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This week, Morgan DeBaun is joined by renowned holistic plastic surgeon, Dr. Tony Youn. Known for his innovative approach to beauty and wellness, Dr. Youn shares his philosophy on helping patients look and feel their best!
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This episode is sponsored by:
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Dr. Youn begins by recounting his early days in the high-pressure world of plastic surgery and what inspired him to pivot towards a practice that integrates natural and less invasive methods. He emphasizes the importance of being an informed consumer in an industry often dominated by pharmaceutical interests, which can overshadow the benefits of more natural treatments.
Throughout the episode, Morgan and Dr. Youn discuss popular treatments in the beauty enhancement world, shedding light on the effectiveness of collagen and different strategies to combat hair loss. They also explore the latest trends in holistic wellness, from LED treatments and infrared saunas to the effects of cold plunges.
As the conversation continues, they address the intriguing topic of celebrity enhancements, specifically the speculation around “BBL Drizzy” and whether rapper Drake has had any aesthetic procedures. They discuss the broader implications of public figures being dishonest about their beauty transformations, highlighting how misleading claims can impact societal beauty standards and individual self-esteem.
Tune in for a conversation aimed to help you look and feel your best! If you've tried any natural methods discussed by Dr. Youn and Morgan, let Morgan know in the comments how it worked for you!
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This week on The Journey Podcast, host Morgan DeBaun delves into the art of maximizing revenue by working smarter, not harder. Morgan is revealing the four essential pillars for revenue mastery that are addressed in her WorkSmart program, which will soon be making a return!
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This episode is sponsored by:
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Morgan breaks down these four areas of focus for maximizing revenue: Increasing average revenue per customer, decreasing the sales cycle time, creating new revenue streams, and increasing average closing rate. She provides practical strategies and relevant examples for each pillar that can be seamlessly applied to your own small business.
Throughout the episode, Morgan underscores the critical importance of understanding your data. By knowing where your customers are coming from and analyzing the effectiveness of your advertising efforts, you can uncover opportunities to optimize your time and resources better.
Tune in to equip yourself with Morgan DeBaun’s proven strategies for mastering revenue and taking your business to the next level. Whether you're an established entrepreneur or just starting out, these insights will help you work smarter and achieve greater financial success.
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Get your own .BIO domain name for a low price at Porkbun! go to https://porkbun.com/TheJourney24Post your job for free at LinkedIn.Com/DIVINEThis week on The Journey Podcast, Morgan DeBaun sits down with The Financial Diet's Chelsea Fagan to discuss the intersection of identity, finances, and entrepreneurship.To start, Chelsea delves into why so many people are feeling "insane" with the current state of the economy, which is vastly different from what millennials anticipated as they entered adulthood. Morgan and Chelsea open up about their family financial backgrounds, with Chelsea sharing how moving from a low-income community to a more affluent one led her to constant self-comparisons, and eventually, credit card debt. This conversation extends into how social media exacerbates these comparisons, as individuals often present lifestyles they can't truly afford, impacting financial behaviors across generations, especially for Generation Z and Generation Alpha.The discussion transitions into the struggles of entrepreneurship, as both Morgan and Chelsea acknowledge the trap entrepreneurs can fall into when their identity is closely tied to their business. Identity and entrepreneurship are examined further, particularly how becoming a mother can shift one's self-perception; Morgan shares her experiences as a mother, while Chelsea provides insights from observing her business partners' transitions into parenthood, despite her own decision not to have children. Chelsea acknowledges that she has had to be intentional about giving herself other projects and passions to pour her energy into so as to not become consumed by her work.The conversation touches on the societal pressure to excel immediately in new ventures, and both Morgan and Chelsea highlight the value in trying new things and continuously evolving. They also express their desire to step back from the constant online grind, seeking more experiential endeavors in their businesses, such as retreats and other in-person offerings.Chelsea offers a behind-the-scenes look at The Financial Diet's monetization strategies, explaining the three key revenue streams: ad revenue, direct-to-consumer sales, and PR opportunities. She details how the company has strategically adapted these models, including the shift to a subscription-based model, and the impact this has had on their business over the years.Join Morgan and Chelsea for a thought-provoking conversation on current financial realities, the complexities of entrepreneurship and identity, and the pursuit of a more balanced, fulfilling life. To support the podcast, leave a five-star rating and review wherever you listen!Want to try a new hobby? Take Morgan's Hobby Persona Quiz to find your perfect match: https://www.morgandebaun.com/hobby-personaMore from Chelsea:https://www.tiktok.com/@faganchelsea?_t=8mjRirrKZGl&_r=1https://www.instagram.com/faganchelsea?igsh=MWQ1ZGUxMzBkMA==https://thefinancialdiet.com/Join the Newsletter for More Exclusive Content: https://worksmartprogram.ac-page.com/thejourneypodcastMake sure you are following Morgan's journey on TikTok: https://www.tiktok.com/@morgandebaun?_Visit Mormatcha.com to make a purchase.Follow us on Instagram: https://instagram.com/thejourneybymdbProduced by AosseyCreative.
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This week, Morgan is joined by Robbie Kellman Baxter, expert on all things subscriptions and memberships, to uncover the secrets to mastering these business models. From her work with Netflix to the multiple books she's written on the subject, Robbie is bringing her wealth of experience and knowledge to The Journey Podcast.
Through the episode, Robbie delves into the many factors business leaders must consider when determining whether to add a subscription or membership component to their offerings. She also breaks down the three possible elements of subscriptions: commerce, content, and community, and explains why delivering true value tailored to customers' needs is necessary for success.
Robbie and Morgan discuss innovative membership ideas specifically for Afrotech, examining the desire of many members for exclusive access instead of discounts. Robbie sheds light on the strategic role of free offerings in a "freemium" model, clarifying the limited scenarios where providing something for free makes sense.
Robbie also addresses a common challenge many influencers face when creating content behind a paywall, explaining that not all content lends itself to a paid subscription. She shares strategies to intentionally design a subscription model that clearly communicates its value, ensuring subscribers remain engaged and loyal.
If you've been wanting to add or improve upon a subscription or membership offer in your business, this episode is a must-listen! Tune in to learn how to craft a subscription model that not only attracts customers but keeps them coming back for more, straight from one of the industry's leading experts. If you find the episode valuable, make sure to leave a five-star rating and review for the podcast wherever you listen!
More from Robbie:
https://robbiekellmanbaxter.com/
https://www.linkedin.com/in/robbiekellmanbaxter/
https://www.instagram.com/robbiekellmanbaxter/
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Get your own .BIO domain name for a low price at Porkbun! go to https://porkbun.com/TheJourney24
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This week, Morgan DeBaun is joined by Joe Tillman of The Raine Group to delve into the realm of private equity and alternative investment. Joe is sharing his insights on the value of private equity and the importance of choosing the right advisor before embarking on this journey as an entrepreneur.
Morgan and Joe start by exploring the nuances of private equity, emphasizing its relevance for entrepreneurs, even if they aren't currently considering selling. They distinguish between private equity and venture capital, highlighting the intricate data involved in private equity deals.The conversation also touches on the significance of having advisors. Morgan shares her personal experiences, addressing the mindset challenges she has faced as a woman and person of color in accepting this type of support. They stress the importance of selecting the right advisors, especially in sensitive situations like selling a business.
Wrapping up the episode, Joe reflects on the current market landscape, noting that while things have changed post-pandemic, there is currently more movement happening in the middle market.Understanding private equity is crucial for entrepreneurs, and Joe's expertise is sure to help you on your business journey. Tune in for insights on alternative investment, and be sure to share this episode with your team and other entrepreneurs who can benefit from this conversation as well!More from Joe:
https://raine.com/team-member/joe-tillman/
https://www.linkedin.com/in/joseph-a-tillman/
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This week on The Journey, Morgan is showing up in the name of work-life integration for an episode all about hobbies!
As an avid painter and budding gardener herself, Morgan knows the value that having a hobby can bring to the life of an entrepreneur. However, she also knows the challenges that can come with finding time to commit to a hobby, between work, family, and everything else. So in this episode, Morgan is sharing why spending time on hobbies is so important, and how every single entrepreneur can make it work for their unique lifestyle.
Tune in to learn how having a hobby can benefit you in your business, plus walk away with ideas of new hobbies you can incorporate in your life today! If you're inspired to try something new, make sure to let Morgan know how it goes, either on Instagram, in the YouTube comments, or even in a review of the podcast!
Want to try a new hobby? Take Morgan's Hobby Persona Quiz to find your perfect match: https://www.morgandebaun.com/hobby-persona
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