Creating Confidence with Heather Monahan - #345: The SECRETS To Building A Career WORTH Having & A Life WORTH Living with Amy Errett Founder & CEO of Madison Reed

Episode Date: August 8, 2023

In This Episode You Will Learn About:  How to place integrity at the center of your organization What it means to bring empathy to the workplace Finding the best GENIUS in you Resources: Websit...e: www.madison-reed.com  Email: AE@madison-reed.com  LinkedIn: Amy Errett Instagram & Twitter: @AmyErrett Facebook & Twitter: @MadisonReedLLB   Instagram: @madisonreed TikTok: @madisonreedcolor Visit heathermonahan.com Overcome Your Villains is Available NOW! Order here: https://overcomeyourvillains.com  If you haven't yet, get my first book Confidence Creator Go to 4Patriots.com and use code CONFIDENCE to get 10% off Visit Indeed.com/monahan to start hiring now. Get 55% off at Babbel.com/MONAHAN  Show Notes:  What would happen if you created a life and a career where you could authentically show up as your true self? It is time to recognize what you do BEST and stop conforming! You can create a work and a culture that VALUES you and those around you. Amy Errett, CEO of Madison Reed, is here to reveal how she innovates in her industry while keeping love, joy, and integrity at the forefront. Join us as we discuss her journey, what pillars she builds her company on, and how you can revitalize your approach to life! About The Guest: Amy Errett’s multifaceted career has ranged from founding and operating companies, to investing in startups, to volunteer nonprofit leadership. Currently, Amy is Founder and CEO of Madison Reed, an omnichannel beauty brand that is challenging industry titans in the hair color space. She is also a Partner at True Ventures, focusing on investments in consumer and ecommerce startups. Amy believes in the power of giving back and dedicates herself to supporting humanitarian organizations. Amy is a member of San Francisco’s Barbary Coast chapter of YPO (Young Presidents' Organization), and serves on the boards of the University of Connecticut Foundation, Common Sense Media, Glide, and Madison Reed. If You Liked This Episode You Might Also Like These Episodes: The Secret To Picking Yourself UP When You’re Down, With Heather!  The Simple Steps That Lead To Extraordinary Wealth, With Candy Valentino, Entrepreneur, Author, & Philanthropist  How To Turn A Negative Situation Into A Positive One, With Heather!  Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:37 greatness. She provides practical guidance on how to break free from toxic relationships stand up against injustice, and transform chaos into freedom, possibility, and purpose. Many times the first negotiation you do is with your own self and the morning. In this morning when you wake up, negotiate your best life is all about finding your way to greatness, conquering obstacles, and creating the life you truly deserve. Get ready to slay, thrive, and unlock your full potential. Don't believe me?
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Starting point is 00:01:41 then check out, negotiate your best life now. Subscribe to negotiate your best life with Rebecca Zung today on Apple Podcast Spotify or on your favorite podcast platform. I decided a long time ago. I was never going to do anything I didn't want to do anymore. Never. I decided a long time ago that I was never going to work for anybody else, period full stop, by the way. I suck at working for other people.
Starting point is 00:02:04 How's that? My zone of genius is to be honest enough about myself to realize that when I do that, I don't perform well. I'm getting up every morning saying, the best genius in you is to not work for other people. The best genius in you is to create cultures that are aspirational, that are nice to people. Kindness is fruit. I'm on this journey with me. Each week when you join me, we are going to chase down our goals.
Starting point is 00:02:33 Overcome adversity and set you up for better tomorrow. After no sleep, I'm ready for my close time. Hi, and welcome back. I'm so excited you're back here with me this week. All right, you're going to love my guest because I already love her. I already know her. I'm so excited you're back here with me this week. All right, you're gonna love my guest because I already love her. I already know her. I love having people I already know on the show.
Starting point is 00:02:51 Today we've got Amy Erich. She founded Madison Reed with over 30 years of business and operating expertise as a four time entrepreneur, venture capitalist and social mission visionary. She created Madison Reed based on her strong belief that women deserve more. Heck yeah, they do.
Starting point is 00:03:07 Not just from their hair color, but from their lives. She believes this so deeply. She named the company after her daughter, Madison Reed. Prior to founding Madison Reed, Amy was a general partner at Maveron, a venture capital firm co-founded, get ready for it, by former Starbucks CEO Howard Schultz and focused on investments in consumer facing
Starting point is 00:03:25 companies. She also previously served as chief asset gathering officer at E-Trade, where she ran a $200 million business. She's been featured on fast companies first ever queer 50 list of LGBTQ women and non-binary innovators in business and tech in 2020, 2021, 22, 23, along with Inc. Magazine's 2021 female founders 100 list, recently named an entrepreneur of the year in 2022 Bay Area Award winner by Ernst & Young. Today, in addition to being the founder and CEO of Madison Read Amy is also a venture partner at True Ventures, focusing on investments
Starting point is 00:04:01 in direct-to-consumer startups. When Amy founded Madison Read in 2013, she disrupted an industry that lacked innovation for decades. She understood that for years, women had to choose between traditional box color or hours and hundreds of dollars in the salon. Set out to change the industry forever. Her mission to provide an empowering new option,
Starting point is 00:04:21 gorgeous high quality, smart, eight-free leaping bunny certified hair color with ingredients. You can feel good about. Under Amy's leadership, Madison Reed has changed the typical trajectory for hair colors in an industry where historically they have not always been set up for financial success. Madison Reed colors can earn up to three times the industry average, plus full-time benefits opportunities for career growth within the company. Madison Reed is also an Omni channel business serving customers via Amazon, Altat Target, Madison Reed dot com or at one of our 87 hair color bars across the US. Amy, thank you so much for being here today.
Starting point is 00:04:58 Thank you, Heather. Cheese, I want you to be with me all the time because it sounded like, you know, that was all good stuff, but every single day it feels like I'm still, you know, chugging along. But thank you for the kind words. And I'm happy. Oh my gosh. Well, I'm so grateful. We got the opportunity to meet in real life, which is always such a blessing and get the chance to work together. And it was, it was amazing for me because I got to be at one of your locations with you, meeting your employees, meeting customers in real time.
Starting point is 00:05:28 And it was so cool to see the relationship that your employees, your customers all have with you. I mean, you've got to be feeling really good about what you've created right now. Yeah, it's awesome. So first of all, it was great that you joined us. It was really meaningful to Madison Greed and to meet personally to have your expertise and your energy and all the things that you do that are amazing. I feel good about what we've accomplished.
Starting point is 00:05:54 You know, we're hoping to change stylist lives as much as we're hoping to change the lives of all of our guests. With, as you said, great gradients and confidence is the new beautiful, as we talk about in a Madison read. And that also goes to our team members. And I think innovation in companies these days has to have equality between how you look at your guests, slash customers, slash clients, whatever you choose to call them,
Starting point is 00:06:22 and then how you treat your team members, because they go hand in hand. And each of us knows that when you talk to, let's say, customer service of the company where people don't like working there, let's just say credit card company. I'll just use something that we probably all know when people don't like working there,
Starting point is 00:06:40 it's clear that your own relationship as a customer feels different. And so for us, the team's experience equals our guests' experience. And in our world of stylists, you know, this has been a career path that's been difficult for many people to choose. You know, so it's interesting that you brought that up that you said credit card. When you said that immediately in my mind, my mind went to American Express, who has been my credit card. When you said that immediately in my mind, my mind went to American Express, who has been my credit card forever. However, you know, there's other credit card companies I've worked with. But when you said that immediately, my mind went to, they treat me incredible.
Starting point is 00:07:14 They're always alerting me that there's a problem. I don't have to alert them. If there is a problem, they fix it immediately. They ask questions later. It's so true that when people like what they're doing and they treat their customers right, it comes through so loud and clear. However, I've had experiences with other credit companies or whatever, where it didn't feel that same way. How does a company, number one, know that that's going on, that they could be off track and rectify
Starting point is 00:07:38 or create an environment like what you've created? Well, I think first of all, one needs to have the pulse on the team members morale. So I think that we use this tool called G-L-I-N-T. There's many of them out there, culture amp, there's a number of them, and they're really focused on pulsing and surveying your team members to find out what's really going on. So we do this every six weeks in the company where we go out to every team member and it's an anonymous survey and it's asking a whole bunch of questions
Starting point is 00:08:10 that are ranked from one being not a good answer to number 10 being a great yes, I'm happy. And then there's comment sections. And we pulse every six weeks, some similar questions, but we add in things like, can you be authentic with your leader, do you feel like you're getting developmental time, or you hitting career aspirations, can you be your authentic self? These are questions we're always probing, and you, it's, people will tell you if they trust they will also tell you if they believe it's anonymous, if in any way they think what you're trying to do is find out what they exactly are saying.
Starting point is 00:08:48 And so we get hundreds of comments. And then we go through every six weeks what the topics are, how did we score not just as a company, by team, by department, every department leader gets their results, every department leader then reviews their results with our people team, and if there's certain scores that keep showing up, the people team does stay in reviews because we're trying to understand what's really going on
Starting point is 00:09:14 as a gift to people, not as punitive, not as blaming or penalty. And what we find is that most of these issues are just about basic two things. One, do people feel like they're being seen for their value? Does somebody see them? Does somebody appreciate them? And then the second thing is can they authentically bring them full, their full selves to work?
Starting point is 00:09:39 And is that okay because they're safety and security? Why do you feel so important, Amy? Because I feel like so many leaders don't put that much importance on people bringing their full selves to work? So I think the world has changed, Heather. I really do. I think that what a modern human being desires
Starting point is 00:09:59 is to be fully seen, and that means seen for who they are in the rough ends itself. And so I know for the people that we hire at Madison Reed, they don't want to work somewhere where they're not their full selves, where they don't build a community and have friendships and be able to tell people like who they love and, you know, kind of if they have problems in their life, get support or be able to say, I have these issues and this is why I'm behaving this way. We spend a lot of time in the company working on dynamics and I know that seems odd, but most of the time at work when things don't
Starting point is 00:10:35 work, it isn't always strategy. It's execution of human interactions. And what I find is, if people have a story about each other, for instance, I think you're going to say this in a meeting and that irritates the crap enemy. And you think I'm going to say this, even before I open my mouth, what are the chances we're going to work well together? Not. Not bad. So we spend also not just the time on glint and feedback.
Starting point is 00:11:03 We do sessions about working through conflict and teaching people at conflict model and working on human relationships and trusts so that when I say to you that really hurts me or I'm irritated, it's not because I expect you to change something you're doing. It's because I expect you to have this one important thing in life that I think is the missing link to human beings, which is called empathy. And I am convinced that empathy is the greatest gift that you could give yourself first, because I am a tough critic of Amy Eric, let me tell you. And probably the toughest critic, right, which most of us are, and by the way, women, we tend to be really tough critics of ourselves first. And then sometimes I can be a tough critic of other people.
Starting point is 00:11:55 And I don't know, you know, what's that saying? Like, you know, you never know what someone's really going through. Like, I don't know what happened to you yesterday. And maybe that's a bad day. And I should reach out to understand you rather than just judge you, right? Oh, it's so good. The way that you're talking is so the antithesis of traditional leadership. It's sad, right? You know this because of your background, because of the companies you work with and lead pre prior to your own, that that model just keeps being replicated and replicated because it's
Starting point is 00:12:30 what's worked, you know, for a long time. And again, I understand I was in a traditional business, radio business, very old business. So it was just that's just the way it was done. And no one ever thought to innovate, however, when I look at you, I look at how you reimagined a traditional industry. And that was your launch point for a success for your current company, but then you're reimagining leadership. There's always risk aiming whenever you re-imagine something, right? Like, how did you navigate that saying, I'm going to go and do this differently and I'm just going to see how that works out.
Starting point is 00:12:59 So, first thing is that I always tell people that culture is not something you write down two years after you're in business because it's in your to-do list. Culture is the soul of what a company is. The things that a founder imagines about what they aspire for their business is culture. about what they aspire for their business is culture. My culture is not just, my culture is, will I ever use bad ingredients? Will I ever deviate from the 834 formula?
Starting point is 00:13:34 Is integrity important to us? That is culture. How do you do the business you do? And part of that is, how do you do the business you do with the most important element, which is called your team? So to me what was really important was in the first two weeks we were in business We literally had no hair color. I did not know how to make hair color But I sat in a room with three other people and we put our cultural values on a wall with little sub bullet points
Starting point is 00:14:01 Which we still have and those were the same five sub bullet points, which we still have, and those were the same five cultural values that we have today. And here's why for me. Number one, it's a guidepost of who to hire, not to hire. We do interviewing for, you know, as I always call it, there's like skill and will. Okay? So skill is like, I need to hire a company controller. Can this person have the skills to be a CPA and a controller?
Starting point is 00:14:27 That's skill. But what about will? Why would I hire one controller versus another controller? Well, I would hire somebody who's a controller because they have obviously the skill. But the will means that they want to work in a place where the five values we have speak to them, motivate them, give the mission in purpose.
Starting point is 00:14:47 So the issue for me was always, could I show that a good business worked from the content of hair card, but in the context of running a company differently, which then translates into how our guests feel about the brand. And we talk about things all the time, like we talk about the fact that this is female founded. Why? Not because it's just a marketing thing, because it's true. There is female energy in this business. It is a business that's predicated on like, I want, let me give you a real example. And this, every, you know, you're a business person. So there's a lot of times every day where you think, oh my gosh, oh, that's not good.
Starting point is 00:15:35 Really? Oh my God, right? Like that's just the nature of being on this journey, right? That what I call the, oh boy, you know, like oh, oh, that's not good, right? It's the way it goes. And as I say, we just earn the right to get further along with the oh, oh, whoa, right? Like, the bigger you get, they just are different. There's more of them, but they're different. So the other day I was in a hair color bar and we were giving one of our team members an award. That was
Starting point is 00:16:04 a surprise. This person didn't know that this was and we were giving one of our team members an award. That was a surprise. This person didn't know that this was coming and they are one of four people that have gotten into a certain level of skill and sales and accolades, right? And what we do is we stop everything and there's guests in there and I go and I give them a jacket, a Madison Reed jacket and I go and I give them a jacket, a Madison Reed jacket, and this is a person who has really improved and worked hard. And it's now one of four people in the whole company that's ever gotten this. This is a big deal, right? So we stop everything.
Starting point is 00:16:36 There's a ton of guests, and I have this bag, and I call this person up. The person's still clutching their iPad because they got a timer with people's air on it and they're that unbelievably dedicated that they're looking at me like, wait, and I say you can hand the iPad to the manager. They'll take care of your guests right now. And so I start going through what they've done, blah, blah, and I hand her this bag that has the jacket. her this bag that has the jacket. And here's what she blurs out to me. Amy, you have no idea what's happened to me. This is the first time my life anyone's ever seen me. Now this is not words I've ever used with her. She said thank you for believing in me and seeing me. It's changed my life. My kids can have a role model where I die work hard. I have medical benefits.
Starting point is 00:17:29 I can afford a life. Thank you for believing in me and loving me because it's made me believe in me, myself. Now this was unprompted, okay? It doesn't always go like that. Every guest in the hair color, or doesn't even really know what's going on, but just stands up with hair color on and cats on their head and starts screaming for this team member. You know, cheering, going,
Starting point is 00:17:54 nuts, she's crying, people are crying, later on I'm walking by the like, what was the award about? They didn't, it was just the human emotion of something so basic, which is But it was just the human emotion of something so basic, which is a thank you, a recognition being seen for talents. This person will never be the same again because this company really wants to invest in the best of people. It doesn't always work out, either. Sometimes it's misguided. Sometimes people are capable of doing that.
Starting point is 00:18:27 That's okay. But I live for the moments where they are capable because as business people, I always think about this. Like, I don't want to get into politics because this isn't political, right? But if we as civic leaders, that's what I consider myself. I'm a civic leader. I'm a civic leader. I'm a servant leader. If we believe that we're going to look to our government, whatever that is to fix all the problems of human beings in the US, that's pretty much a long shot, right?
Starting point is 00:18:55 So what is my job and what's my team's job? My job is to create opportunities that people work hard, get rewarded, have great lives, have their kids, have great lives, have medical coverage, and can earn their way to start to do what I really think is important in this country. We have to repair the ability for human beings to be successful. We have to invest in the possibility that human beings can make great things happen. Those are the things that happened when my grandparents came to this country. Those are the poor kids that grew up in a working class family. Those are the opportunities I was given by
Starting point is 00:19:38 education and a lot of things that people aren't given. In this company, you come in, you got a clean shop. And we're going to give you a shot. We're not going to hand it to you. You work hard. We are going to make your dreams come true. That is, and if we do that, every guest is happy, everybody's hair looks great, every confidence is built, and we create a world where people are earning their way, which is what is critical. If somebody handed me this company tomorrow, I wouldn't have the kind of gratitude I have today for having struggled in, you know, what makes human beings great. The fire we go through, not all the good stuff all the time, right? Okay, now that we're in the thick of the summer, you may be like me and over cooking three different meals a day for you and for your family.
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Starting point is 00:24:27 This is possibility powered by Shopify, and they make it so simple. Sign up for a $1 per month trial period at Shopify.com, slash monahan, all lowercase. Go to Shopify.com slash monahan to take your business to the next level today shopify.com slash monahan and you'll be hearing this before you know it You showed up you took the chance you showed up you invest in your people
Starting point is 00:24:58 You made that trip to present this jacket to by the way that's something a lot of leaders right people don't always want to Take the time make the extra effort you do that for your people and clearly it's translating them. However, from a business standpoint, I'm a question for you that I'm interested to know when you you came about this industry differently than everybody else was doing. You decided to spend money where people weren't spending it on their employees. You decided to give them insurance to make sure that you were setting them up to make much three times the average in your industry. Financially, and I know you're very smart one financially, when you look at the numbers,
Starting point is 00:25:33 how are you so sure the ROI will be there, like that payoff will be there to take a chance like that, because I'm sure other people are saying you, why if it's not broken, why are you trying to fix it? Two reasons. I think we've been smart enough to run the math about what that person can generate in revenue, if it goes well.
Starting point is 00:25:50 And then we're smart enough to run the math about what that person costs us, even with fully loaded benefits, and there's a profit in there. And we're smart enough to make our own product. So we have a huge advantage in our cost of goods, right? It's the same tuba color that you buy in a box at Alta or MadisonRee.com or, you know, other retail locations.
Starting point is 00:26:11 So the point of the matter is we have some competitive advantage. And in addition to it, we've been pretty smart about our investments of build out of stores that look like a million bucks, but they're not. And we've been pretty smart about forming in our store's memberships, which ensure us to get people coming back from a retention basis. We've built a business model that's predicated
Starting point is 00:26:36 on what we give people to be able to be afforded within the profit margin of the business. Not by a ton, but our belief system is, we're in a business where I have to invest in that human being, making another human being feel beautiful. So if that human being is very miserable at the job, then I didn't do what was good for the business. And then there's a whole second piece of it.
Starting point is 00:27:03 And here's what it is. I decided a long time ago, I was never going to do anything I didn't want to do anymore. Never, never. Now there's some days I wake up and I'm like, oh, she's got to do that, right? It's not what I call a full body yes. I'm in full body yes, quote, which is, whenever anybody asks me
Starting point is 00:27:22 to a social thing, let's say, right? And if it's not a full body, yes, I say no. Because I know myself well enough that when it gets closer to the time I have to go and I'm resentful, it's sort of like, oh, no one did that to me. I did it to myself. I'm 100% responsible. I decided a long time ago that I was never going to work for anybody else, periodful stop, by the way. I suck at working for other people.
Starting point is 00:27:48 How's that? How's I suck at that? Why would I make choices in my life that may mean miserable and, by the way, the other people miserable because I can be a pain in the ass? Number one, I decided that I was not going to work for other people. Not good. Now that may be obnoxious and people might be on listening to this and going like, oh, wow, well, I would ask you all, this is what I talk about people's own of genius. My zone of genius is to be honest enough about myself to realize that when I do that, I don't perform well.
Starting point is 00:28:25 I can't fix me. I don't wanna fix me. I actually like me, love me. It's taken me a long time to say that, not perfectly, trust me. I am a self-critical everyday in my head. It's going, Amy. But I've come to a place of my life where I like me enough
Starting point is 00:28:46 that I'm not going to try to get up every morning and say, you're completely screwed up, fix yourself. I'm getting up every morning saying, the best genius in you is to not work for other people. The best genius in you is to create cultures that are aspirational, that are nice to people. Kindness is free. And I like to live in a world and create a world where people smile and they have joy and they have wealth, which is two of our values, and they come to work with a little spring in their step, not every day, but some days, a lot of days.
Starting point is 00:29:16 And I like to live in a world where, hanging it forward towards human beings, being treated fairly, lovingly, is the world. That does not mean that I do not have to make very hard decisions sometimes. I'm a business person. I'm a capitalist. That's the truth. But I want to do it in a way that is so transparently
Starting point is 00:29:41 authentic, that if something's happening, I expect to just be told the truth and tell people the truth. Not playing games, not bullshit. So my point is that like I just decided I wasn't going to do it anymore. And because I wasn't going to do it anymore, I had to go create it. And we've created it. It's not perfect. And there's lots of things that could get better. And all looks perfectly shiny exterior. Like it's all great, it's all great. Well, I gotta tell you, we have every problem known to human beings that are all the predictable problems that come with the kind of growth that we have experienced. We weren't prepared for it.
Starting point is 00:30:16 So some of you that are out there that have gone to a Madison Street here in Colour Bar, many of you have had a great experience. Some of you are like, oh Amy, I wanna write you right after this and tell you what I didn't like, please do. Because I want to hear all the things that work and don't work by the way,
Starting point is 00:30:33 because the only way we could fix them is to be honest enough that they exist, right? So yeah, so like that's why I created this culture. It's an experiment, Heather, there's no guarantee that there's some rainbow at the end and it all gets put in a package and it's all beautiful, it's all going to work. No, and in fact, part of my life's journey right now, I have a life coach and part of my journey is trying to understand, would I be okay no matter what happens? What does that mean?
Starting point is 00:31:05 That means like all of us have stumbles in life. My company's doing great, so nobody gets freaked out that their ear colors are going away. It's not. But founders often get caught in this thing, which is it's in your bloodstream, and so you don't know who you are without it. Right?
Starting point is 00:31:23 You are what your company is, and your company is who you are without it. Right? You are what your company is and your company is is what you are. And often that's the kiss of death for a company. Because if a founder is just fixed on the way it's gonna be and the company far exceeds what the founders' capabilities might be, how many companies have you seen where you're like, oh, somebody else should run that now. So there might be a day where that could be true. And will Amy be okay?
Starting point is 00:31:49 The definitive decision is yes. But that doesn't come easily. I've an ego, you know, that doesn't come without my own pain or my own revelations of things. So I am in a process to start to understand, hmm, this was an experiment. Ooh, this experiment has a brand. Oh, people know the brand. It's gotten kind of big. Air colored Madison Reefs. 45% of people know that right now out of nowhere, right? But I need to be thoughtful about what's best for Madison Reef. And right now,
Starting point is 00:32:24 I think it's best that I'm still the seat, you know, in fact, but maybe someday it won't be. And what would I be as a human being if I, this is the thing I always ask people, you know what, one of my greatest fears, people listen, they probably relate to this. I walk into a cocktail party and somebody says, oh, what do you do?
Starting point is 00:32:45 Many people have this fear. And let's say I wasn't writing Madison reading anymore. Who would I be? Oh, listen, that lands with me because when I got fired and I associated myself with my title, my team, and I get it. It's a real thing. And it's hard at first when you go through that shift, but you know what that shift really is in my opinion. and it's hard at first when you go through that shift, but you know what that shift really is, in my opinion, from getting your conference from external things versus finding it within, because once you find it within,
Starting point is 00:33:11 you're not gonna lose it. Yes, so my journey right now is an inside job, as I call it. That's my journey. It's an inside job. It's a understanding that, okay, externally, we did this thing. A lot of the DNA is built. And
Starting point is 00:33:26 now the journey is to figure out like how I can best serve the company, keep serving the company, make sure that our team members are well taken care of. And, you know, all I'm saying to the listeners is on the surface, it looks like anybody has their act together, right? Like somebody running, oh so they got their act together. No, life is a journey. I have struggles like everybody else does, and I'm in my own journey of, you know, I got the Madison RETMRs we callers, just, you know, college.
Starting point is 00:33:58 There's a lot of things that change in different sort of times in your life. So I'm just trying to, I'm working on my presence as I call it. Can I be present in every moment in life? Oh my gosh, this is so good. What propelled you to hire a coach? Because it is interesting looking at you from the outside, looking in. You have massive business success. You have massive personal success.
Starting point is 00:34:22 You've done the work. Why at this point in time would you go out and hire a coach? Because I think life is worth living to its fullest. And I like everybody else. I got, I stuff, I got stories about myself. I'm the saying, you know, I'm confident, but there's times, there's voices in my head, I'm like, whoa. That, I'm confident, but there's times there's voices my head are like, whoa
Starting point is 00:34:53 That was a big swing kid, right? Like I have all the same anxieties and I'm human. I'm a mere mortal Right, I'm a human being and I got all the same stuff and so I decided that My life is worth living and that means I want my eyes wide open every single day. I want to wake up life is worth living. And that means I want my eyes wide open every single day. I want to wake up. So I started meditation practice. I started a journaling practice. I started a consciousness practice. I started to get in touch with, do I believe in spirituality? What does that mean? Is there something bigger than me? I'm not talking about religious. I'm talking about, is there something that when I walk out in my backyard and I see trees, why does that make me happy? Why does nature speak to me?
Starting point is 00:35:31 Why do I like to get on a golf course and feel like I'm challenged? And why do I like to fly a fish? Why being with my family gives me joy? What is the essence of my life, Same with you, Heather. This is why birds of a feather flock together. You and I get out. We put a lot of energy out in the world every day. We put it that. What does it mean about what we take in? I started to feel like about a year and a half ago, two years ago, like I felt more depleted then I felt
Starting point is 00:36:08 You know, it was like a lot of energy and like, oh, what is that mean? What's going on? What part of that to I own, right? And so I just went on a journey and I've been at something called LIPO for years. I'm president's organization that helped me think about my own consciousness I started to realize like just a lot of things that for years, young presidents organization that helped me think about my own consciousness. I started to realize like just a lot of things that when you're a hard driver and many of the people listening and you are, it's sort of like all about the prize. It's keep going, keep going, right? Well, you know, I look at my mom, you know, I have an aunt that's really older.
Starting point is 00:36:43 My mom's the youngest, she's the oldest. And I look at them and I think, hmm, what's gonna matter at the end? What is gonna matter? Is it gonna be that I hit this number this year? Or is it gonna be that I made other people feel great and paid attention and that my kid can have a be a happy productive person in the world and that I had some impact. Yeah, I think it's that.
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Starting point is 00:40:30 You're welcome. A couple of years ago was when your company started skyrocketing, correct? Yes, yes. It's interesting that that's the moment. Most people get caught up in that growth trajectory, right? That's the really exciting fun time. But it's interesting to me.
Starting point is 00:40:46 You decided to look in at that point in time. I wonder why that was because the pressure of when something really starts to multiply becomes greater. So what's really true is that things scale like in the beginning, you're just like, do I have something or something here? Does anybody want to look at us? Like, you know, you're in the beginning, you're just like, do I have something or something here? Does anybody want to look at us? Like, you know? You think so that way? In the beginning. Yeah, I've been doing this nine years. So for the first five,
Starting point is 00:41:12 we did well and our growth was good, but then it was like, you all was like a rock. It was like, we're selling back to hair color every five seconds for months. So it's like supply chain, keeping tooth cup, like everything exploded and the world was exploding around us. So there was a, the truth was there was a existential set of moments for me, which were like, we were flourishing. I want you to hear this. Like this seems very heavy. We were flourishing in a time when people were dying. That is, that doesn't feel right. Like I went, you know, people are like, whoa, your company's doing great. And I don't want to talk about it. Because that had nothing, that was great. But I, friends, die of COVID. I had people who's
Starting point is 00:41:59 live, I had people working for me who had little tiny kids that couldn't go to school anymore, kids. And they had to work and they didn't know how to be on Zoom or not be on Zoom. And kids lost my kid, never finished 11th grade and lost almost all of her senior year. Right, like I look at that and I think they're at the other end of the house in a room and Social development is completely screwed up, right? So I we were flourishing in this time of agony and
Starting point is 00:42:42 So it was very confusing for me. It was like oh my supposed to be happy or scared or sad and I felt all those things and so we came out of it and the company still kept growing. We put some infrastructure around it. And then I started to feel like, hmm, something in this changed me. And I think it was just this existential experience, whatever that is, middle age, whatever you want to call it, where all of a sudden, I realized like, oh, all those aspirations that you're having, like, everything's great, your business is doing great, it's all great. And then you realize, oh, that's not 100% of the deal. That's just that.
Starting point is 00:43:15 That doesn't really define Amy, what defines Amy. So I've just gone through some funny stuff and it's been great and it's been good for the company. We've done this stuff well before I was going through it. It's been hard. I had a session with my coach very early this morning. There was lots of tears. There's lots of stuff that I'm uncovering and it's good stuff.
Starting point is 00:43:37 It's not bad stuff. But I was always so busy, had there in my life, you know, proving the next thing and making the next goal. And then, and by the way, I sucked at celebrating any of it. Because how about now? Oh, yeah. I, you know, last night, good example. Today's my wedding anniversary. And so I'm actually going to a concert tonight and stopping work at 345. And last last night saw a bunch of friends and I don't drink during the week and I let myself have a cocktail and you know that sounds ridiculous but I'm trying on a different way to be and here's the thing like each of us has a pattern of what
Starting point is 00:44:22 we attribute I'd ask you to think about it and listen to think about it. There's something in your life that you've established that, oh, that's the reason why I'm successful, right? Yeah. It's because I drive hard. It's because I'm a killer. It's because, right, like, whatever that is, right? Everybody's got a different one.
Starting point is 00:44:39 Some people are peacemakers and that everyone's got a different personality. Take the anyogram test, by the way, ENN and E-A-G-R-A-M, and that'll's got a different personality. Take the anyogram test, by the way, ENN, E-A-G-R-A-M, and that'll give you insight about what you are driven by. And so I used to think that the only reason I was really successful is because I was just on like constant 24, 7, 8, 10s, right? Yeah, you too, you're an eight, it's like me.
Starting point is 00:45:01 It's called the Challenger. We are the ever ready bunnies. People must say to you, either all the time. Do you ever sleep? Oh my God, you're just on all the time and you are. But inside you, the reason you think you're successful is because you just have to be on like that. That's your secret, that's your magic, right?
Starting point is 00:45:20 What would happen if, asa, that was really true? What would happen if that was really true? What would happen if you were great just because you're great and you're smart and you're motivated, but you could dial it back a little and still have be great and still have energy for you. What would happen?
Starting point is 00:45:37 That sounds scary, that sounds risky. Ah, there you go. Yeah. So that's me. I've been focused on being on top of it. And then what happens is you get to the next and every was, oh my god, your business, your voice in your head is, oh man, you've got to see anything yet. Versus, wow, yeah, thanks. Well, I like really accomplished something and all the people around me because what happens
Starting point is 00:46:05 is I am a hard driver, so that means I drive everybody else hard or well. Right? And then I don't spend long enough to celebrate and sit with the fact that life is worth living. You don't get yesterday back. I will never get today back. And man, I got to make it count. And I'm going to make it count. And I'm just starting in a certain way, making my life count in a completely different way. Yes,
Starting point is 00:46:34 my work is important. And I love it. But I am invested in lots of other ways to make my life count. Amy, you're an amazing human. Like you just, when I'm around you, like, I just know, right? I know it. However, I haven't seen you in a few months. I see a big difference in you today. Do you know that?
Starting point is 00:46:57 I hope it's true. I, yeah, I think I'm evolving in a way that, like here's the thing, it's like, again, if I could tell you like, oh, Heather, take this pill, and you could still be successful and driven, but you could like breathe and have a little bit of perspective. It's very hard when you drive hard to have perspective,
Starting point is 00:47:19 because you're always chasing the next thing. A therapist once said this thing to me. And at that moment, and I was in therapy, I'm not in therapy now, I have a life coach, it's just another form of therapy, let's just be honest. It's just another way to act like you're not screwed up, but you really are. Yeah, exactly, we're here.
Starting point is 00:47:40 We are, which is so beautiful. We're just human, which I find to be a very powerful statement. Just human, just flawed, right? A therapist once said to me, you know what I mean? It's really interesting. You're living in this life, and it's kind of a weird thing to say. You're living this life for some carry. When this happens, and this happens, and this happens, and I'm just going to ask you a question.
Starting point is 00:48:06 You can leave my office today and just I'm going to say something really like shocking leak awful. You can just walk off this step and you know and curb and just get hit by bus. What happened to the carrot? Was any of it worth it? Was the experience that you had just today or was it only going to the carrot? Was any of it worth it? Was the experience that you had just today? Or was it only going to be worthwhile when the carrot happened? And I was like, oh, and then I immediately stopped therapy.
Starting point is 00:48:35 You see? Because she asked me a question that I didn't want to deal with. Right? I wasn't ready. And so I'm getting ready, er, I'm not ready yet, but I'm getting ready. And I think it's resulting in me being a better CEO and a better spouse and hopefully a better mom and maybe a better friend and a better sibling. Maybe, but I'm just, and you know what, most of all, I think it's resulting in me being a better me to me because life is worth living. That's what I believe. And I'm going to I've been living and I'm going to really live. This is awful that I'm asking you this because I'm so here for everything you're saying. And I
Starting point is 00:49:17 agree with you and like I need to be taking like applying what you're teaching right now to my like 100% okay. And I know you're right. I also know my fear. Like this is a big fear thing. Like, you know, you get me. You got it. However, let's look back at your career in the success you had. Would you ever have been as successful as you are
Starting point is 00:49:36 if you weren't the driver? That's my question. I don't know. But it could be possible because you're driving Heather. I'm just gonna ask you to say this to you. I've spent time with you. The driving didn't change how smart you are.
Starting point is 00:49:52 The driving didn't change that you follow your life based on this one thing that you know is always your North Star, which is your intuition and your gut. When I say Heather, did the driving help you know when you had a full body ask us something or not? No. Did the driver help you have people, have you be likeable? No. So when I go down all those things, yeah, did it, did I out hustle people?
Starting point is 00:50:22 Was I the earliest one in and the latest one? Yeah. And did that help me sure? But after a while here's the question I have does that playbook work for you anymore? Does that do it for you? No, right so It is completely possible and Absolutely probable that all the things that you attached to the action, as I say all the time, life gets to be an interesting thing. Do we either get addicted to actions or outcomes?
Starting point is 00:50:57 And I'm doing 20 steps where I could have just done two. And I could get the same outcome. Why didn't I have to put myself through all that stuff when I just got to the place that I need to get to? And that's the inside job part. So you know, it's more the sure it's scary as hell. And my team laughs, they actually laugh. Because now I can go up, there I go again, I'm going into that
Starting point is 00:51:26 place where I'm revenue up 70 times, which by the way, the revving up may work for me, but what about all the people around me where it makes them crazy? Like, why are you doing this? I love you. You could just take a chill pill and a deep breath and we'll get to the same place. But now you're revving it up to a level where I'm not functioning. Like what's our impact on other people, does that like so it's, but here's the thing like I'm in this space where I'm really like loving my works. Like I'm in my space where I'm like, I'm scared a lot. Oh, wow, that doesn't feel scary to say anymore. I'm scared. Life is scary. There are no guarantees. So most of us just do and we deny. Right? The thing about running your own business is every single higher counts and no hiring
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Starting point is 00:54:06 what you're doing. This inter-reflection, this is game-changing stuff. For everyone listening, guys, this is the real stuff. It's like layers, right? When you go through life, you're like, okay, now I'm getting there. I'm actually getting it. All right, now I'm feeling good about who I am. Now it's actually going inside. Okay, now I'm now I'm like going to show up as this best version of me and I'm owning that for me like I got fired and I had a crappy upbringing and I and I my background, you know, I'm shining a light on instead of hiding from it now like and I know you want things that you have right and it's like we all right. That's next level. All right. We're doing it and then you get here and now you're questioning like this whole thing
Starting point is 00:54:43 which is yeah, it just you keep pulling this on you back and there's always another layer. That's the best part of that's what I'm talking about is life is worth living. It's worth living to look at yourself and it and God imagine if we could just wake up and have self-acceptance every day. You know not like living in some crazy narcissistic, like everything I do. No, like you could be like, wow, could I have a sense of humor
Starting point is 00:55:09 that I do that thing again? Like I do things and I now go here, it comes, it's coming over me. It's actually funny there, I go again. Right, like I could feel it, that feeling like I'm gonna dive into the details when I don't really need to be in the details but somehow the convince myself that if I'm in the details, I'm a control and if I'm feel it, that feeling, I'm going to dive into the details when I don't really need to be in the details, but somehow if I convince myself that if I'm in the details, I'm
Starting point is 00:55:27 a control and if I'm a control, I'm not. And so my point is, here's what I really think the takeaway is, if I could do that for myself, then I have the ability to look at others and do it for them. That's the takeaway, right? So like, you know, my wife, you know, if you leave a wet towel on the bed one more time after 23 years, I am going to go nuts, right? I'm just using that. She has two dozen wet towel. There are plenty of other things that happen. Hair color in the bathroom, but also just stuff that drive me crazy, right? And I am sure that I drive for crazy. But imagine, if I had the
Starting point is 00:56:05 capacity to look at myself that way and be forgiving, what that could do for the quality of all of my relationships of life, I had very odd, like not the greatest relationships with my early self and my upbringing, I've gotten to a place where I actually fully am forgiving. At this point in my life, am I going to carry, who are my torturing me? At this place in my life, who is it serving anymore? It's a story, It's just a story I have. And, gosh, isn't it great if we just could realize that all these things are little stories that got put in our head sometime? I don't know when. For me, it was like four or five. What a couple things happened. And there's just been a story. And I've been played it out all
Starting point is 00:56:59 these years. I don't want to play it out anymore. I'm done. Not a bunch of percent, but when I understand the stories and they're just stories. Again, I had this thing where I look back a lot and regret, and that is something I'm working on. But I don't want to feel that way anymore. I want to look forward, and I want to feel like, oh my God, I got all this left of my life,
Starting point is 00:57:22 and I just want to live it different. And I am grateful for Madison Reed. Like this company is such a, I have such gratitude for what I'm doing. Who gets to do these things? I am a grateful, fortunate, lucky person that I am in this moment in life, standing here right now and being with you and meeting, meeting you, and having a meeting wonderful people that actually have an impact positively in my life.
Starting point is 00:57:54 So thank you. And that I have time to sort of, you know, have some more fun, have less denial and more fun. Well, I'm so grateful for you. I'm sitting over here crying. You're just gonna make me a better mother today because everything you just walk me through is me with my kid when I'm stressed
Starting point is 00:58:14 and you know, it just, you shift in my perspective in such a big way. I'm so grateful for you. Everybody listening is so grateful for you. Everyone's gonna wanna find you. How do they find you? How do they find your products? AE, the initials, A-M-E-E, at Madison, M-A-D-I-S-O-N,
Starting point is 00:58:30 dash, not underscore, dashread, R-E-E-D, dot com, and www.Madison-read.com online. Or do that, or get online, or your phone. We have 87 nationwide locations. Come in, we'd love to do your hair. We're in every Altastore, Altastore.com. We're on Amazon, right? And there'll be more, more coming of some fun things that we have that we're going to announce about where it will be. So yeah, come and let us, you know, H3 formula, we're good at what we do, we care, products awesome, money back guarantee. I want every woman that's listening to this,
Starting point is 00:59:13 this isn't you rock. You are the, we are the moms, the wives, the friends, the workers, the keeping the parents together, the, you know, like we're super human. And you come so low on your own food chain. I know I have, please invert that. Put yourself up there a little bit. Your life is worth living.
Starting point is 00:59:39 And I just love when women decide to really go for it like you have. I'm proud to be your friend Heather. I'm proud to be your friend Heather. I'm proud to be your friend and write back at you guys. Follow Amy by Madison Read Products. I use them. They're amazing. And everybody rocks just like Amy said, but Amy, you really do.
Starting point is 00:59:59 Thank you so much for being here. You're welcome. Thank you. I'm Kevin Miller, a former pro-athlete author, father of nine, and self-help guide. I broadcast the self-helpful podcast from my sanctuary high up in the Colorado Rockies. I'm a fan and critic of self-help. So I invite today's most important influencers to grapple with their own wisdom and stories in an authentic, relatable conversation about self-help and what drives them.
Starting point is 01:00:51 With each guest, I conduct a four-part series that distills the guest's greatest wisdom and methodologies into practical transformative steps that you and I can use to create our path to a life of growth, freedom and fulfillment. These unique conversations and candid explorations of paradigm shifting perspectives is why the Self-Helpful Podcast has been downloaded
Starting point is 01:01:12 over 60 million times by people like you and me, who take responsibility for our personal evolution. Change comes through connection and personal experience, and this is what I strive to deliver with the Self-Helpful Podcast. I invite you to join me as we elevate our personal experience of life and the way we show up for others. This episode is brought to you by the YAP Media Podcast Network.
Starting point is 01:01:35 I'm Halah Tahha, CEO of the award-winning digital media empire YAP Media and host of YAP Young & Profiting Podcast, a number one entrepreneurship and self-improvement podcast where you can listen, learn, and profit. On Young & Profiting Podcast, I interview the brightest minds in the world and I turn their wisdom into actionable advice that you can use in your daily life. Each week we dive into a new topic like the Art of Side Hustles, how to level up your influence and persuasion and goal setting.
Starting point is 01:02:02 I interview A-List guests on Young & Profiting. I've got the best guests. Like the world's number one negotiation expert, Chris Voss, Shark Damon John, serial entrepreneurs Alex and Laila Hermosi and even movie stars like Matthew McConaughey. There's absolutely no fluff on my podcast and that's on purpose. Every episode is jam packed with advice that's gonna push your life forward. I do my research, I get straight to the point and I take things really seriously, which is why I'm known as the podcast princess and how I became one of the top podcasters in the world in less than five years. Young and profiting podcasts is for all ages. Don't let the name fool you. It's an advanced show. As long as you want to learn
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