How Much Money Do Women Make Compared To Men

How much money do women make compared to men? Well that's super subjective and I'm going to say you should make just as much or more. You got to learn to negotiate and you got to learn to ask for it. So I want to talk about a few things today. So the first thing I want to talk about is recognize the value of worth that you are in the business world. The next thing I want to talk about are strategies for women to negotiate for more pay. The last thing we're going to talk about today is how women can leverage marketing and sales to get the kind of revenue and earnings they want and deserve. So let's begin. The first thing, recognize your value and the worth you bring to the world. This is huge and so critical. So when you embrace your energy and attitude for success, what a lot of young women people do is just say, well I'm too young, I'm too this and you buy into all of that. So I want you to learn and really take on the act as if principle. Act as if you're the millionaire. You know when I started the Rich Dad Poor Dad brand and I left Chevron in my exercise physiology world and jumped into this world, I went first of all to work for a company that I wanted to create myself and I stayed there for almost five years and I learned everything from marketing, sales, cash flow, fulfillment, operations, technology, how to build the team, how to build the systems around this kind of a business and organization because you don't really go to school to be a best-selling author and a world-leading stage speaker and understand all this. It's like there's not a job title that you know you go to a university for so you have to use mentors to get there. So I use the organization of Rich Dad Poor Dad. Sharon Lecter is still one of my best friends and mentors. I call her my financial mom and I embrace this act as if because here I am teaching the cash flow game and people like well are you a millionaire young lady and I'd be no but I'm going to be one. You come with me and become a millionaire with me or stay behind and boy I just built a database. Between those years I built 18,000 people consistently following me and that's like right around the time before social media was really kind of cranking in and doing anything. So who are you and what do you really want? So drop the I'm just a beginner and I'm going to ask for less money because if you're a skill set at I don't care how old you are if you're 13, 14, 17, 22, 28. At that point I was in my late 20s. I was better than most people especially in teaching because I was very much taught adult learning theory early in my career by another mentor. So I knew how to teach better. I was applying the knowledge better. So I didn't care that I was 10, 20 years younger than some of the gurus out there. I charged what they charged and I brought my prices up pretty quickly. You've got to get in the right circles of people. The other thing too for all young women find what I call model companies. Somebody that you want to be like Rich Dad Poor Dad was that to me and then I went on and Bob Proctor, Nightingale Conan was the product side. I understood the product side right and then I learned a whole bunch from Jim Rohn's organization and John Maxwell's organization about infomercials and branding. So I just kept spreading out to mentors and people who are doing what I wanted to do and how could you learn to do it better. So if you're like well I can't spend any money you're spending it on tuition. I mean most of you you're getting scholarships or you're paying for college or your parents have a college you know button put away for you and if they don't you go to them and say you know what I don't want to do it that way. I want to just hire Laurel and her team to teach me how to do more of what I know how to do. Whatever you want to do whether it's real estate. I can help you do any of these categories. I'm a millionaire in eight industries about to be nine. So you can do this young ladies. You got to get that attitude and not ask for permission. I'm not saying being rude and snotty and cocky about it but you're not asking people can I do this you're doing it right. Huge attitude shift. The next thing let's move on is the strategies for negotiating. I love negotiating. I could not wait to teach you negotiating. I should probably do a little negotiating course but negotiating is about getting what you deserve and asking for it and it's about the conversation and how it goes. How do you negotiate? How do you learn to sell and how do you assure you're not like earning less than others? So let's just get the whole men topic out of the way. A lot of you that is the narrative on independent women's day. I'm the one that usually goes on camera to all the media stations and they'll say how do you feel about women having so and so percent below men. I said they do that because they don't know how to negotiate and they don't ask for it. You can and should be making the same as your male counterparts. I have made more than my male counterparts. I usually surpass. I've surpassed a lot of my financial mentors financially, in business, in success, in influence because I just I have a very different drive and my drive is based on the fact that I have a gift and I'm my job is to share it with the world. It's to teach you a conversation about money. Don't take that little you know hook and say well women get paid less. No they don't and if they do it's because they're not negotiating and they don't ask. So before we go on to the third thing I want you to subscribe to the channel. Again if you haven't yet click that notification button. I need you here five days a week you and your friends so you get a whole group of support around you. But here's what we're going to talk about. How do you leverage sales and marketing like really ramp up your revenue? Just the importance of mentoring and having proactive steps. So really you need to be on this channel. So let's just do that right now. I need you to get my learning journal. Write down what you're learning. What you're doing about it and lean further in. I love mentoring younger women who want to come up because there's so few of us that actually have mentors. When I came up in this whole space I mean Sharon was like the only one but she wasn't a formal mentor. She was you know somebody that I was in relationship doing business with. There are so few women who raise their hand to younger women and say let me guide you teach you the real ropes. Not like some program but a lifestyle of getting incorporated. Making sure you do it right. Make sure you get your bank accounts right. Use your credit and use your credit scores right. I mean you women are amazing you just have to be taught. So mentoring and learning just really becoming financially and business knowledgeable is something you have to want. When I first got into this I consumed over probably a thousand personal development books. I have boxes and boxes and boxes after I moved out of our conference center of books of everything of which my daughter's now 17 and starting to go through them. And that is a huge commitment of both of my kids to be deeply reading in this space this year. So getting mentored is critical. Love to help you. You women at any point if you say well I can't afford it right now we'll go make some money. I'll give you two tickets to my millionaire intensive. They're in the description below. Come and learn how do you start your first offer. Like I didn't know how to give an offer in personal training. I just kind of borrowed what I was seeing around me and then I increased my rates and I moved over to corporate structure and built corporate centers. Did anybody teach me? Yeah I went to the Cooper Clinic. Went to Dallas Texas and again got a mentor and a coach said how do you build corporate wellness centers. They taught me how to do it. I went back to Nebraska and I did it. So a lot of you you're going to be doing things that are going to feel completely out of your comfort zone. Your parents probably aren't going to support you because they'll be like you're crazy you should just go get a job. No. Go live your dream. Go be wealthy. Do what you want to do. Build what you want because you can. When you think about how important you know money is to women in general I would say I have this program I first started because here's what I see at the end of women's life and I started it because of the end of women's life not the beginning. It's called the man is not a plan. Women will outlive their man if they're the same age when they grow together and get older. They will outlive 8 to 13 years. Men usually die married. Women die divorced or widowed. So women you got to organize yourself around business and finance and understand it. The man is not a plan isn't some snarky program. It came out of women truly not knowing when their husband died where to find the life insurance policy. They didn't know anything about the trust. They didn't know anything about their taxes. They had no idea where the stock certificates were or where the deeds were to the properties and then their lawyer and accountant just sold it all off created a huge tax burden and these women lost their homes. So I do that with a lot of passion and concern that you have got to lean in and learn money and don't just get an MRS degree because you think some guy is going to take care of you. Men are amazing. Love them and I have made my own way my entire journey because I choose to and I want to be independent financially. You can too. Love and money have nothing to do with each other women. Let me give you some statistics and women I need you to hold your value and your worth and know that you're worth it and what you're providing in a product or service to the world is needed desperately. Here's some interesting statistics. The global average of women they earn about 77 cents for every dollar earned by men that work of equal value. That is the international labor board. Doesn't have to be that way so change it. In the United States in 2022 women earned approximately 82% of what men earned on a medium weekly average salary and scale. U.S. Bureau of Labor Statistics. Sector differences. I mean the gender pay gap is pronounced in several industries. Finance and technology is significant around men getting paid more versus sectors like education and health care and again negotiate and ask for what you worth and you deserve it. Our age and experience again women that are younger don't ask for the money that they deserve. I've been coaching my daughter as she took babysitting jobs for example and I said first of all call yourself a nanny you'll make more money and if they leave you with an animal or they leave you with a house to clean that is not your job they hired you to babysit. So as a nanny you could offer more services and go up from say 15 an hour to 20 and 25 an hour as a 16 and 17 year old girl. So a lot of you you've got to understand this entrepreneurial price structure. Just because you're younger doesn't mean you're paid less. Just because you're younger doesn't mean that you can't do the same quality. Now if you truly don't do the quality again get with a mentor get with a more model organization and be taught a lot of this. This isn't difficult it's just different than you've been taught and you probably have inherited behaviors from your parents about who you're supposed to be in the role of a family. So I have been a huge money earner in my family and I hire home help and that's nothing less than the woman I hire is amazing she has her own company so my company has her company and it's not like a less than job it's just not one that I'm going to do because my hourly rate is way too high than vacuuming and cleaning a house and I sure in the heck hate getting groceries it's not like I don't pick up a few things here and there but y'all don't need to be cleaning your house you don't need to be getting groceries and quite frankly most of the time driving your kids around between sports events and stuff you can hire that too. I've hired all of those things I actually make it to the sports event but I don't need to go to every practice I don't need to do the driving and get stuck in traffic. You don't either so you need to put a not arrogance a value on your time and your worth and a lot of you just haven't done it as far as negotiating I'd love to teach you privately and mentor you how to negotiate so you've heard a couple of the sayings whoever speaks the most loses that's true and it's not because you also need to posture the guardrails of the conversation so there's a whole conversation structure to negotiating of asking for what you want never telling the story stories don't matter and a lot of you women are used to telling the whole backstory I say so what now what what do you want to do about it so let's move on and let's find solutions quickly and women I think the biggest thing that you want to put on your tool belt is becoming a problem solver if you look at most of the things that I do during the day I solve problems I have problems that get dumped on me from my clients or whatever the organization what's ever happening there's a situation the faster you can get to solutions the faster you are going to be a success love to help you again go to asklaurel.com if you have any questions need a request anything that I do love to help talk to you tomorrow