Welcome to Season 3, Episode #171 of the YB2C Live! Podcast for Entrepreneurs, featuring our special guest, Stephanie Vaught, Founder and CEO of Detroit-based Social Money Finance, LLC.
We record this podcast weekly from our studio in the Green Garage Coworking Community in Midtown Detroit.
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About Our Guest
Stephanie is an attorney and personal finance coach who is also a fellow graduate of the best high school in the country, Cass Technical High School in Detroit. Through her company, Stephanie specializes in financial education. Her target demographic includes busy professional working people and families. Stephanie helps them to build better money management systems for their households. Through the educational component of her company, Stephanie also helps people keep their finances organized and to really understand the importance of financial literacy.
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What Our Guest Talked About
Stephanie reminded our listeners that applying the financial knowledge you learn is just as important as receiving the financial education itself. Stephanie helps her clients to apply the information and education they receive to their specific situations. Stephanie then works on the “money mindset” of her clients, who she says must have a willingness to absorb what they are learning.
Stephanie also talked about how, in 2018, she made the move from corporate positions to full-time entrepreneurship. She detailed how her educational choices in high school and college prepared her for her entrepreneurial journey.
Words of Wisdom
Stephanie had several wonderful “Words of Wisdom” for our listeners:
- Be open and be fluid to learning be open and be fluid to, you know, researching and learning your audience learning who your clientele is learning and knowing your subject and really being okay with or your product.
- Get to know your clients and realize and really get a very intimate understanding of what their needs are so that you can meet those needs.
- Stick through the seasons and that's why I say stay the course don't throw in the towel six months in even a year in two years in because these are your growing gears. You may suffer those growing pains, but you do get them, you get through them.
- Stay motivated, stay encouraged, get around people who will motivate and encourage you, and consume very positive and inspiring information and continue to learn, learn, learn, learn.
Contact Information for Stephanie Vaught and Social Money Finance, LLC
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