Working in a community means I get to learn and interact with others around me, so recently I received a wonderful gift from our neighbours Rainmaking Innovation (StartupBootcamp) which made me reflect on how people perceive the journey of being an entrepreneur.

Written by our friends Martin Bjergegaard (Co-founder of Rainmaking and Startupbootcamp) and Jordan Milne (Canadian entrepreneur and writer), this book breaks down the myths of hard work and sacrifice to give us advice on how to become successful in business while also maintaining our happy and healthy lifestyle. Winning Without Losing is a book filled with inspiring lessons from entrepreneurs all around the world.

How many of you have had at least one of these phrases told by your friends and family?

 

  • The harder you work, the more money you make
  • It is hard to be successful
  • You need to choose between being a family person or a business person
  • There is no time to do it all
  • Pushing yourself is necessary
  • The more hours you work, the more impact you will have
  • Being an entrepreneur means no holiday for several years
  • Family and friends are for Sundays

Martin and Jordan argue that, today, these statements are no longer true. We face a new reality.

I won’t give away too many spoilers but out of 66 new rules that Martin and Jordan point out, my favourite were the following:

  • Get started, get momentum — Don’t sit around and wait. Get out there and start something
  • Leverage technology — Allow the new IT tools and technologies to do some of your work for you. When you are looking for a solution to make life a little bit easier, remember all those bright minds working passionately to help you solve your problems. And here at Lattice80 i couldn’t relate more! Working in a community, we encourage our Fintech startups to do just that.
  • Know that it is never too late — People older (and younger) than you are starting up their first business (and financial planning!) today
  • Keep it simple — Choose simple first. Simple works. Not only is it easier to implement, but it is often more effective
  • Build with balance in mind — Pick a business (or financial plan) that’s suitable for balance

So here we are, facing new realities of achieving financial freedom for women!

On the topic of building financial independence for women, I would agree that much of the old advice we were given is no longer relevant. The fact is that technologies have changed the rules of play.

Innovations such as robo advisors, which are replacing active fund managers and making stable, high-return investment portfolios possible for the layman (at very low costs), mean that today working smart is more important than working hard.

But it’s also psychological. And educating yourself on the possibilities is often a starting point.

Women can achieve financial independence without having to sacrifice their own goals. This book reaffirms that message, and the advice contained within is of tremendous value to anyone looking to lead a more balanced life while still winning in a game where win-win is the new reality for those who play smart.

If you would like join our community and keep in touch with like minded women, subscribe to our newsletter or email hello@misskaya.com

Gina Heng

Gina Heng

Founder

Gina Heng, founder of Miss Kaya and entrepreneur, noticed that the existing financial management services available sounded too complex, filled with jargon and hence too dull.

It is time for a change given the role women play in today’s world professionally and otherwise. Miss Kaya’s mission is to empower women and allow them to achieve financial freedom and live the lifestyles they want.

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