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SHOW NOTES: http://www.inspiredmoney.fm/043 IM 043: Why Not Now? Take Your Idea From Dreaming to Doing | Amy Jo Martin June 12th, 2018 Andy Wang: [00:00:00] Today on Inspired Money. Amy Jo Martin: [0:00:03.3] [background music] …and so that was my Why Not Now? moment and I call it the Why Not Now? moment because they’re these moments where we get kind of a feeling of bravery when we know we wanna do something and where we've built up just enough confidence to where it could change in 10 minutes. If I had waited to land in L.A. and thought about this for an hour on the plane I probably would have talked myself out of it, but it's a moment where you just hold yourself accountable and you do something, put something in place to where you can't back out. And I knew if I told him, that was my mechanism for doing that my back is gonna be against the wall in a good way to follow through. So, that was a big Why Not Now? moment and then I felt like, you know, the doors were open. Andy Wang: [0:00:54.8] This is Episode 43 with New York Times bestselling author, speaker and host of the “Why Not Now?” podcast, Amy Jo Martin. [background music] Welcome to Inspired Money. My name is Andy Wang, a Managing Partner at Runnymede Capital Management. Each week we bring you an interesting person to help you get inspired, shift your perspectives on money and achieve incredible things. From making it to giving it away, Inspired Money means making a difference, creating something bigger than oneself and maybe, just maybe, making the world a better place. Thank you for joining me. Andy Wang: [00:01:38] Hey, Inspired Moneymaker, what is it that you're working on right now? I'm really excited to have Amy Jo Martin on the show today. She's the author of The New York Times bestseller, “Renegades Write the Rules.” She has a social media following of more than 1.1 million people. Yup, you heard that right. That's million. And she was named the third most powerful woman on Twitter by Forbes. To know Amy Jo is to know people like Shaquille O'Neal and Dwayne “The Rock” Johnson, not by six 1 | Page SHOW NOTES: http://www.inspiredmoney.fm/043 degrees of separation but by only one. Her mission is to elevate technology to do good in the world. In this episode, you'll learn why sometimes we need to make big changes in our lives and that could even mean reinventing ourselves. What we can learn from the over 100 wildly successful people that Amy Jo has interviewed and some ideas on how you can best define wealth and happiness. Now, let's get inspired with Amy Jo Martin. Andy Wang: [00:02:51] [background music] Amy Jo, welcome to Inspired Money. I'm so excited to have you on the show. Amy Jo Martin: [00:02:56] Thank you for having me. I'm excited to chat with you. Andy Wang: [00:03:00] Yeah, let's jump right in. What's your earliest childhood memory of money? Amy Jo Martin: [00:03:06] Wow. That's really a great question. You know what, it just popped into mind was there is this photo of me and I was probably… I don't know. Maybe, five or six but it was my birthday and I remember this – I’d have to track it down and really judge kind of the age, but I think I had been given like, 10 $1 bills by someone, my grandmother or something and I kind of spread them out like a fan and I don't know why that popped into mind but it's the first thing that kind of – it came to me so I was proud to have those 10, $1 bills. Andy Wang: [00:03:48] That's really cool. We’ll, visual when you fan it out like that. [laughter] Amy Jo Martin: Yeah! I just thought I was just beyond wealthy with those $10 bills. And then another story that pops into mind is my mom would drop me off at the mall with my cousin and I think we have $5 for several hours, and we would get to just decide how we wanted to allocate those $5. And it was this is full on, you know, strategy and very 2 | Page SHOW NOTES: http://www.inspiredmoney.fm/043 thoughtful process of, well, do we want something to eat? Do we want to go buy, you know, a toy? It was – this thought just came to mind, too. Andy Wang: [00:04:29] That's a great idea. So, I should send my kids when they are little bit older I'll give them $5. Maybe, I’ll have to up it to $10 now and then let them work it out. Amy Jo Martin: [00:04:39] Yeah! It's fun to see - I've done that with my nephews before where I'll take them - I took them to Toys R Us a couple years ago and said, “Now, you have X amount of money,” and I'd give it to them and then they’d get to go choose and we have to kind of do the math and add up, hey, you can't have this third toy because you know, you only have $25 and that would take you to $30 so yeah, and then get them to go through the cash register line where they actually pay themselves and it’s… I don't know. It's just kind of fun to see what their decision-making process looks like. Andy Wang: [00:05:15] Yeah, that's real world valuable experiences. I love that idea. Amy Jo Martin: [0:05:18.7] Uhm. Yeah. Andy Wang: [0:05:20.8] So, Amy Jo I am a huge fan of your “Why Not Now?” podcast. In fact, your show gave me the extra push that I needed to launch the Inspired Money show so thank you for that. Amy Jo Martin: 00:05:31] I love to hear that. I mean, you’ve shared that with me before and that's just awesome because that’s exactly why I do the podcast and as for, you know, that hope that people will take action on their ideas and you did it. So, thank you for doing that. Andy Wang: [0:05:49.6] Did it and still going, trying to do my best. You know, some weeks are easier than others, but you just keep hitting record. 3 | Page SHOW NOTES: http://www.inspiredmoney.fm/043 Amy Jo Martin: [0:05:56.6] Right, exactly. I know that feeling. Andy Wang: [00:06:00] So, I'm fascinated by your story because you've had such diverse and amazing experiences. Is that because when you're faced with something big, like something so big that you feel you might be in over your head? You seem comfortable running toward it rather than running away. Amy Jo Martin: [00:06:18] Well, yeah. It’s an interesting takeaway because even, you know, the individuals that I've worked with and studied in my own path and journey it seems the more we can get comfortable with being uncomfortable then the more opportunities open up to us and that concept in that bar is always being raised so, you know, you start to get more comfortable in a certain situation and then you kind of find yourself one upping herself down the road because it's like a muscle that you continue to need to work out and it's a practice. So, I try to live that way for sure and it's a way to keep life interesting. Andy Wang: [0:07:05.0] Since the bar is moving you always have to be moving. Amy Jo Martin: [00:07:09] Yeah, it is a constant very fluid practice. You're, exactly right. Andy Wang: [00:07:17] Amy Jo, what was your childhood like because I don't think that you grew up with a silver spoon in your mouth. Amy Jo Martin: [00:07:23] I did not. No, I did not. My childhood in general, it was just very lovely and I'm grateful to have an amazing family. We moved around often to different small towns. So, my father worked in construction, in heavy highway construction and so we would move our trailer home. We lived in a trailer that was mobile, and we take it to the next town with us. And I think, reflecting back on that, it's really given me a lot of adaptability that I might not have had otherwise and just, I think, the curiosity factor has really stemmed from constantly kind of moving and getting 4 | Page SHOW NOTES: http://www.inspiredmoney.fm/043 comfortable with that change and half-craving the change. We lived in Wyoming and these are small towns, too but Wyoming, and Kansas, and Arizona and when you change schools at a young age I know at times and I've spoken to parents who are maybe getting ready to move their kids into a different city which means changing friends, and schools, and stuff and it feels so negative at the time but looking back I'm really grateful for that because you learn to adapt to make friends and it's actually a huge asset.