SPI 234

Teens Can Be Entrepreneurs Too, with Eva BakerOctober 5, 2016

Show NoteS: http://www.smartpassiveincome.com/session234

1

Pat: ThisistheSmartPassiveIncomepodcastwithPatFlynn,session

number234.[music]

Announcer: WelcometotheSmartPassiveIncomepodcast,whereit’sallabout

workinghardnowsoyoucansitbackandreapthebenefitslater.

Nowyourhost,gameficationishistruemotivation,PatFlynn.

Pat: What’supeverybody?PatFlynnhere.Thankyousomuchfor

joiningmetodayinsession234oftheSPIpodcast.Iappreciate

it.I’mreallyexcitedbecausewe’veinterviewedalotofguestsof

alldifferentageshereontheshow,allthewaydowntoIthink

age8atonepoint,wehadaguest.Shewasamazing.Wehave

anotherpersonontheshowwho’squiteyoung,alittlebitolder,has

graduatedhighschool,butshestartedherentrepreneurialjourney

whileshewasinhighschool.She’sthefounderofTeensGotCents.

com,alsothefounderofTheTeenpreneurConference,andjustan

amazingperson.Shedoesconsultingandshe’ssoyoungandit

makesmethinksometimes,manwhatwasIdoingbackthen?Ionly

wishIhadlearnedaboutthisentrepreneurstuffmuchearlier.

Ifyouhappentohaveteensoryoungkids,evenifthey’renot

teenagersyet,thiswillbeaveryinspiringepisode.Evenifyou’re

notateen,Iwouldstillrecommendyoulistentothis,becausethisis

somethingthat’sdefinitelybeenmotivatingforme.Itdefinitelygives

methekickinthepantstojust...Man,Igottogetmystuffdone

becausetherearesomeyounggunsouttherewhoaredoingsome

amazingthingsandIgottocatchup.I’mmorethanhappytohave

hadthischatwithEvaBakerandsharethiswithyoutoday.Again,

she’sthefounderofTeensGotCents.comandalsoTheTeenpreneur

Conference.Somebodywho’veI’vemetacoupletimesinthepast

attheFinancialBloggerConference,andjustincredibly,incredibly

inspiringandsomuchenergywithher.You’llhearherandwhat

she’sbeenuptoandhowshegotstartedandwhatherplansare

forthefuture.Herewego.

I’monlinewithEvaBaker.Eva,thankyousomuchforcomingtothe

show.WelcometotheSmartPassiveIncomepodcast.Howareyou?

Show NoteS: http://www.smartpassiveincome.com/session234

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Eva: I’mdoinggreat.Thankyousomuchforhavingme.

Pat: Yeah,absolutely.I’mreallyexcitedtotalktoyoubecauseIhave

twokidsmyself.They’reonlysixandthree,butthey’regoingtobe

teenagersonedayandthat’sreallywhoyouspeakto.Youhelp

teenagerslearnentrepreneurshipandIthinkthat’ssocool.Youalso

talktotheparentsofteenagersandkidstohelpthemencourage

theirkidstopursueentrepreneurship,too.Beforewegetintoall

thatandtalkaboutthatwholeworld,I’dlovetoknowmoreabout

yourstory.Whendidyoustarttogetinvolvedinentrepreneurship?

I’mthinkingaboutmyjourney,Ididn’tevenconsidermyselftobean

entrepreneuruntilalmostmylate20s.Hereyouare,startingoutas

ateenageralreadydoingthat.Why?What’syouroriginstory?

Eva: Myfamily,meandmybrother,wewerehomeschooledgrowing

upandandformyjuniorandsenioryearofhighschool,mymom

wantedmetocompletesomekindofmeaningfulproject,something

tojustgrowlifeskillsandcommunicationskills,andallofthatgood

stuff.Ihadtodoaproject,butIgottochoosewhatitwasabout.I

hadabsolutelynoideawhatIwantedtodomyprojecton,because

maybeIdidn’treallywanttodoaschoolproject,butIhadto.

Aroundthattime,myparentsweregoingthroughadivorceandmy

momwasjusttryingtogetbackonherfeetfinancially.Shewanted

toreadTheTotalMoneyMakeoverbyDaveRamsey,butshedidn’t

wanttospendthemoneybuyingthebook,sowewenttothelibrary

andtheyonlyhaditonaudiotape.At15,Ihadtolistentoitwith

herinthecar,whichwasnotthrillingatall.AsIwaslistening,Iwas

reallyunderstandingwhathewassaying.Moneyhadneverbeen

somethingthatwastabooinourfamily.Myparentshaddonethe

envelopesystemwithmeandmybrothersinceIwasfive,andhad

alwaysbeenveryopenwithusabouttheirbudgetandveryhands

onintryingtoeducateusinthosekindsofthings.

AsIwaslisteningtohim,toDave,andhe’stalkingaboutthese

babystepsthatyoucantaketogetyourselfoutofdebtandtostart

savingforyourretirement.Ijuststartedthinking,Idon’twantto

havetoeverfollowthisplanandtakethesesteps.Idon’teverwant

Show NoteS: http://www.smartpassiveincome.com/session234

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tohavedebtinthefirstplace.

OfcourseIhadbeenfortunateenoughthatmyparentshad

educatedmesomewhatonbudgeting.Istartedlookingonline,just

tofindsomemoreeducationandthere’sreallynotalotoutthere

forteens.Ofcoursethere’ssomanygreatresourcesforadultsto

helpthemmakeabudget,helpthemgetthemselvesoutofdebt,

helpthemsavefortheirretirement.There’sreallynoeducationfor

teensonlineandit’snothappeninginschools.Alotofparentsdon’t

feelqualifiedtogivethatkindofeducation,sokidsgrowupandwe

goofftocollegeandwegetamassiveamountofstudentloandebt

andcreditcarddebt,becausewedon’tknowanybetter.Noone

taughtushowtohandleourmoney.

AsIrealizedthosethings,IdecidedwhatIwantedmyprojectto

beandIlaunchedmywebsite,TeensGotCents.com,whereIblog

aboutthingslikehowtogetgooddealswhenyou’reshoppingand

howtosaveyourmoney,howtobudget,justbasicbudgetingskills,

howtogotocollegedebtfree,howtogetagreatpart-timejob,all

ofthosekindsofthings.AsI’vebeengrowingupandboughtmy

firstcar,goingtocollege,justsharingthoseexperiencesinhopesof

givingteensthatbasicknowledgeofhowtohandlemoneywisely,

becauseIbelievethatthesooneryoucandothat,thesooneryou

canstartreachingyourgoals.

Pat: Thatwasfortheschoolproject.You’vesincethen,justkeptitgoing.

Howmuchhasitgrownsincethen?

Eva: Ithasgrownalot.Ijustexpectedtobedoingthisfortwoyears,

untilIgraduatedandeveryyearitjustgrewandgrewandisnow

myfull-timebusiness.Iabsolutelyloveit.Oneoftheopportunities

thatI’vehadbecauseofthewebsiteisgettingtoattendFinCon,

whichiswhereImetyou,whichisofcourseaconferencethatisall

forpersonalfinancebloggers.Iwas17thefirsttimeIwent,coming

tothisveryprofessionalconference.Ihadneverbeentoanykind

ofconferencelikethatbefore.Ihadnoideahowthesepeoplewere

goingtoacceptmeorwhattheyweregoingtothinkofthis17year

oldwhohadbeenbloggingfortwomonths.

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IwentandIwassoamazedwiththepeoplethatIfoundthere.Itis

suchagreatcommunityofbusinessownerswhoalthoughwe’reall

inthesamemarket,we’reallcompetitorsinsomeway.Everyone

justcomestogethertoencourageandsupporteachotherinwhat

Ithinkisabeautifulway.IhavetoattributealotofthesuccessI’ve

hadwithTeensGotCentstotheFinConcommunityhelpingmeout

andteachingmeeverythingIdidn’tknowwhenIwasfirststarting

andallowingmetoguestpostandbeontheirpodcastsandallof

thosekindsofthings.It’sbeenagreatcommunitytobeapartof

thatI’veabsolutelyloved.

Becauseofthat,goingtothisconference,Ithoughttomyself,hey,

IwouldbereallycoolifIhostedaconferenceforteens.IthoughtI

hadareallygoodideaatthetimethatIwouldhostaconferenceall

aboutpersonalfinancewhereteenscouldcomeandlearnhowto

avoidstudentloandebtandlearnhowtobudgetandallofthisstuff.

Ithoughtitwasgoingtobegreat,andthenIwokeuponemorning.

Iwasstillinthebeginningstagesofplanningthatandrealizedthat’s

themostboringconferenceever.Noone’sgoingtowanttocome

that.Noteenisgoingtowanttocometothatconference.

IputthatonthebackburnerandlastyearatFinConasIwas

sittingaroundalloftheseamazingotherentrepreneursand

businessowners,Ijust,itreallygotmethinkingthatIwishIhada

waytoconnectwithpeoplemyownageonthatkindofleveland

experiencethecamaraderiethatIwasexperiencingwitheveryone

atFinCon,withotherteens.Thatgavemetheideatohosta

conferenceforteenentrepreneurs,sothatiswhatIhavebeen

workingonforthepast,about10months,planningthisconference.

It’sTheTeenpreneurConference.It’sforteenswhohavetheirown

businessorwhoareinterestedinstartingone,orteenswhoarejust

interestedinentrepreneurshipingeneralcancome.We’regoing

tohaveclasseslikehowtowriteoutabusinessmodelandhowto

usesocialmediaeffectively,howtocommunicatewellwithyour

customers,allofthesetypesofthingsthatyouneedtoknowwhen

runningabusiness.

Morethanthat,Iwanttheconferencetobeaplacewhereteens

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canexperiencethekindofatmospherethatI’dexperiencedatFin

Con,teenswhoaregettingbehindeachotherinarealway,and

supportingoneanotherandhavingfuntogether,andpromoting

oneanother.Thatismydream,andtheconferenceiscomingup

verysoonandI’mreallyexcitedaboutit.

Pat: Yeah,I’mexcitedtohearaboutit,too.Bythetimethisepisode

comesout,theconferencewillhavealreadyhappened.Bestofluck

toyouonthat.I’mreallyexcitedabouthearingaboutallthenews.

Peoplearegoingtolovejustthecontent.Iwishitwassomething

thatwasavailablewhenIwasinterestedinentrepreneurship,but

ofcourseIwasn’tinterestedinentrepreneurshipwhenIwasa

teenager.WhenIwasteenagerIwasintoplayingvideogamesand

hangingoutwithfriendsangoingtomoviesandstuff.You’renotthe

typicalteenager,Eva,Ithink.I’dlovetoknowfromyourownwords,

whydoyoufeelthatyouhaveallthisenergytodothesethingsthat

you’redoing?Whereisthisinspirationcomingfrom?

Eva: WhenIgottheideatohostthisconferenceforotherteen

entrepreneurs,Istartedjustrandomlycallingotherteenbusiness

ownersthatIwasfindingonlineandjusthavingconversationswith

themabouttheirbusiness.Itwassonicetotalktootherteenswho

arerunningabusinesslikeIam.Wehadsomuchincommon.One

ofthecommonthemesintheconversationsIwashavingwithall

ofthesedifferentteens,nomatterwhattheirbusinesswas,this

isolationthatwefeel,thatwefeellikewe’retheonlypersonour

ageinourcommunitydoingwhatwe’redoing.

Inasensethatisolationisveryreal,butit’snotnecessarilytrue.

Teenentrepreneurshipisbecomingmoreandmorepopular.There

areacrazyamountofteensouttherewhoareinsomewayrunning

theirownbusiness.Mygoalistocreateawaywherewecanfinally

allconnectwitheachotherandnotfeelsoaloneanymore,thatwe

canallsupporteachothertogether.

Pat: Evenbeforetheconference,evenwhenyoustartedyour

TeensGotCents.comblog,haveyoualwayshadtheentrepreneurial

buginyou,andifnot,wherediditcomefrom?

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Eva: Idon’tthinkthatIdid,andIdon’tthinkthatitreallyhitmeuntil

maybeabouthalfwayintomysecondyearrunningTeensGotCents,

ofwhatIwasactuallydoingandthepossibilitythatIactuallyhad

ofwhereitcouldgoandthatIwasactuallyanentrepreneurand

thatthiswasabusinessandsomethingthatIcould,ifIworked

reallyhardat,Icouldgrowalot.Ithinkittookmeawhiletogetto

thatpointofjustfinallyrealizingthat.Ialsothinkmymomisahuge

supporterofeverythingthatI’mdoing,ismybusinesspartner,and

Ithinkthatifitwasn’tforhergivingmethosenudgesthatIneeded

todothethingsthatIhadbeendoing,itwouldn’thappenatall.I

thinkit’sreallyimportantfornotjustteens,buteveryonetohave

someonetosupportthemandtogivethemthosenudgeswhen

theyneedthem.

Pat: Yourmom’sverysupportive.IcouldseeheronTheTeenpreneur.

com.There’sanotefromhertootherparentsactually,underthe

parentstabifyouwanttocheckitout.There’sanicepictureof

bothofyouthere.Inthereitsays,“Tobehonest,Ican’treallythink

ofabetterwayforateentodaytolearnaboutlifeandsuccessand

whattheycanachievethroughhardwork,thanforthemtodevelop

theirownbusiness.”Ifullyagreewiththat.That’swhyI’malready

imploringtheseentrepreneurshipskillsintomyownkids,and

they’reonlysixandthree.TheseskillsthatI’velearnedinmylate

20sandearly30sarethingsthatIwishIknewalongtimeago.It’s

awesomethatyou’realreadyexperiencingthat.

IalsoknowthatIfeellikeifmyparentscametomeandthey’re

like,“Pat,youshouldstartabusiness,”I’dbevery,whenIwas

ateenagerI’dprobablypushback,becauseIpushedbackon

everythingtheysaidanyway.Howcouldaparentencouragetheir

kidstogetinvolvedwithentrepreneurshiporlearnalotoftheselife

changingskillsthattheycanlearnthroughbusiness?

Eva: Ithinksometimesthatyeah,there’scomingoutandsaying,“Hey,

youshouldstartabusiness,”canbehardbecauseasyouknow,

youcan’tjuststartabusiness.Ifit’snotsomethingyoucareabout

andnotsomethingyou’repassionateabout,it’snotgoingtowork.

Ifit’ssomethingthatisboringtoyou,thenyou’renevergoingtoput

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everythingyouhaveintoit.Ithinkthatit’simportantasaparentto

justtobeencouragingtoyourteenandjustfostergrowthinthem

towheretheycancomeintoitthemselves.Oncetheyfindwhat

they’repassionateaboutandfindwhattheylove,thenmaybestart

givingthose,talkingtothemabout,“Hey,youcouldturnthisintoa

businessthisway,”or,“Wouldyoubeinterestedindoingthat?”That

kindofthing,butIthinkifit’ssomethingthatyou’regoingtotryto

force,Idon’tthinkthat’sgoingtoworkaswell.

Pat: Isthereanythingaparentcandotogivetheirsonordaughtera

tasteofentrepreneurshipwithoutactuallygoingfullyintoactually

startingabusinessallout?Istheresomethingonecandoto

actuallyintroducetheminasmallway,toseeifit’ssomething

they’reinterestedin?

Eva: Ithinkthatobviouslyifyou’reaparentandyou’reanentrepreneur

yourself,thatisthebestwaytodoit,butasfarasintroducingitto

theminsmallways,Ithinkjustmaybehavingthem,ifyoucould

justfindagroupofentrepreneurs,orifyouhadafriendwho’san

entrepreneurandmaybeyoujustwantyourchildtospendsome

timewiththem,justtoseewhatthey’relikeandheartheadvicethat

theyhavetogive,Ithinkthatwouldbeanincredibleopportunity.

Pat: Yeah,that’sawesome.There’sgoingtobeteenswhoarelistening

tothis,Eva.I’dloveforyoutotalktothemaboutwhattheycould

dotoactuallygetoutthere,getconnected.Obviouslythere’sthe

conferencewhichwillhavealreadyhappened.Maybe,hopefully

therewillbeanotheronenextyear,butevenbetweenthen,how

couldateenagergetinvolvedwithbusiness?Whataretheirfirst

steps?Howcantheyactuallystartthisthing?

Eva: Ithinkthemostimportantthingis,isjustthatyou’vegottoget

started.Sometimesit’sreallyhardtotakethatfirststep,butyou’ve

justgottodoit.Ithinkthatgoingoutintoyourcommunityand

networking,andwhatevergroupsandbusinesscirclesthatyou

can.IknowherelocalinJacksonvillewhereI’mfrom,thereisan

entrepreneurialmeetupthathappenseveryMonday.Idon’tgo

everyweek,butit’sbeenamazing.There’salwaysaninspirational

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speakerandjustincrediblepeoplefromthecommunitythatIhad

gottentomakeawesomeconnectionswith.Ithinkifyoucanfind

somekindofgrouplikethattobeapartof,thatisanexcellent

placetostart.

Pat: Whatifateenisthinkingnobody’sgoingtotakemeseriously

becauseI’monlyateenager.Howwouldyourespondtothat?

Eva: Ithinkthat’saverydifficultthingtoovercome.That’swherethis

getshardandyouhavetobewillingtoputyourselfoutthere,which

issodifficult.It’sstilldifficultformetodoiteventhoughI’dhada

goodamountofpracticeatit.You’vejustgottobewillingtowalk

rightuptopeopleandshaketheirhandsandtellthemyourstory.

It’sahardthingtogetusedto,butit’sdefinitelyaskillthatyouneed

tolearn.

Pat: Whataresomeoftheskillsthatyoufeellikeactuallyaretoyour

advantageasateenager,oversomebodywho’solder?

Eva: There’stwosidestothis,becauseIdoseealotofpeoplenottaking

teensseriously,andIthinkthat’sahugeissue,butthenalso,if

you’reateenwho’srunningabusiness,who’sreallytryingtomake

adifferenceandtryingtomeetthisgoalofbeinganawesome

entrepreneur,that’salsogoingtocatchpeople’sattention.They’re

goingtowanttohearfromyou.Theyaregoingtobeimpressedby

you.Actuallysometimesbeingyoungerreallydoesplaystraightto

youradvantageanddoorsgetthrownopenforyouthatwouldn’tif

youwereanadult.

Pat: Right,asitdidwithyou.That’swhywe’rehereontheshowtalking

aboutteenagerrelatedthings,whichisreallycool.Whataresome

ofthebigmotivatorsforteensthatactuallydorunabusiness?

BecauseIknowforme,Ihaveafamilytotakecareof,andthat’s

reallywhat’sdrivingme.Whataresomeofheaspirationsthatyou

haveforexample,andotherteensmighthave?Becausealotof

teens,theydon’tnecessarilyknowwhattheywanttodowiththe

restoftheirlivesyet.That’sokay,butwhatarethosemotivators,

whicharereallyimportanttoactuallymotivateoneselftotakethe

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actionrequiredtobuildasuccessfulbusiness?

Eva: Absolutely.OnebigmotivatorthatIthinkisimportantrightnow

isthatit’sreallyhardtogetapart-timejobasateen.Ispenttwo

monthslastsummerlookingforajob.Itwasextremelydifficult.

I’veheardseveralstoriesofteenswhohavetriedtogooutand

getajob,andcan’tfindone.Theystarttheirownbusinessinstead,

becausetheywanttobeearningmoney,andtheywanttobe

savingforcollegeorwhatever.Theyneedthatincome,butthey’re

justgoingaboutitadifferentwaythanthetraditionalgettingapart-

timejoboverthesummer.

Pat: Withyourwebsite,TeensGotCents,whichIthinkisareallysmart

position,becauseyou’reright,nobodyteachesthisstufftokids,let

aloneadultswhoarejustfiguringitoutalongtheway.Whathave

beensomeofthebiggeststrugglesthatyou’vehadwiththatsite

sinceyoustarted?Iknowyoustartedforaproject,andnowit’syour

full-timething,butasmostentrepreneursknow,it’snotallunicorns

andrainbows,thereisalotoftoughtimesandwhatweresomeof

thosetoughtimesforyouwhilehavingthissite?

Eva: Ithinksomeofthemostdifficulttimesweresometimesseveral

monthswouldgobywhereIwasseeingnogrowth,nothingreally

washappening,Iwashavingnoopportunitiescomingmyway,and

IwasdoingeverythingthatIcould,butjustnogrowth,notgaining

anynewreadersoranythinglikethat.Ithinkthosetimesarealways

reallyhard,becausethoseweredefinitelythetimeswhereI’mlike,

“Okay,I’mreadytobedonewiththisnow.Nothing’shappening.”

I’mreallygladthatIstuckthatout,justbecausesometimesyou

gottogetthroughacoupleofdryspellsbeforethingsreallystart

pickingup.

Ithinkanotherstruggleisjustfindingagoodwaytoconnectwith

youraudienceandwantingtobe,asateenespecially,youlook

atalloftheseotheramazingbloggers.Youandabunchofother

reallybigpeople,andyou’rejustlike,“Oh,Isowantthat,andI

wantitrightnow.Idon’twanttohavetodoanyoftheworkforit.

Ijustwantittohappen.”Ithinkformeinmymind,thathasbeena

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struggleofjustknowingthatit’sgoingtobeaprocess.It’sgoingto

beajourney.It’sgoingtotaketimeandhardwork,andI’vegotto

bewillingtoputitinforthattohappen.

Pat: Yeah,that’sreallyimportant.Iknowthatkidsaregrowingupat

anagenow,orinerawherethingsarehappeningreallyfast.The

resultscanhappenmuchfaster,sobusiness,it’sstillgoingtotake

sometimetoseethoseresults.Ifyouhadtostartover,ifmaybe

yougoingbackinthepastandstartingfromscratchagain,whatare

someofthosethingsthatyouwoulddodifferentlysinceyoustarted

TeensGotCentsthatwouldmaybemakethoseresultshappenmuch

fasterforyou?

Eva: IthinkthatifIcouldgobackandtellmy16yearoldselfanything,

IwouldtellmyselfthatwhatI’mdoingisabusinessandthatIam

anentrepreneur.IthinkthatthemomentIrealizethat,everything

turnedformeandIhadthisparadigmshiftofhowIwaslookingat

whatIwasdoing.Beforeitwasjustaschoolproject.Iwasputting

inthetime.Iwasworkingonit,andIreallyenjoyedit,butuntilIhad

thismomentof,“Oh,Icoulddothisfull-time.Icoulddothislong

term.Icouldgrowthisintosomethingreally,reallyawesome,it

wasn’tuntilthatmomentthatitreallyclickedforme.

Pat: Whendidthatmomenthappen?

Eva: IthinkitwasafterFinCon2014,maybe.ThatwasinNewOrleans.

IthinkIcameawayfromthat,Ihadsomeawesomementorsgive

mesomeadviceandhelpmeunderstandsomethingsthatIcould

dototakeittothenextlevel.Icameawayfromthatwiththese

specificstepsofthingsthatIcoulddotogrowTeensGotCentsand

that’swhenIrealized.Iwaslike,oh,thiscanbemorethanwhatit

isrightnow.

Pat: That’sawesome.Youhadsaidthat,obviouslyyouworkedreallyhard

togetthisupandrunning.Whatwasthatworklikeforyou?Wasthat

timewriting,wasthatplanning,whatexactlywereyoudoing?

Eva: Yeah,writingalot,goingoutandgettinginterviewswithpeople.I

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haveseveralinterviewsonTeensGotCentswithmanagersabout

howtogetagreatpart-timejob,andjustreallytryingtomakeas

manyconnectionsaspossible.Ialsoworkwithacoupleofother

companiesthatsponsormysiteasabrandambassadorforthem,

somakingsureI’mfulfillingalloftheobligationsthatIhavetoallof

thosepeople.Yeah,alotofwriting.

Pat: Atthattime,didyouhaveanyurgetodootherthings?Forexample,

IknowthatifIwasintoentrepreneurshipbackinmyteenageyears,

I’dbesotemptedtojustputthatasideandjustgooutwithmy

friends,becausethat’swhatIreallywantedtodo.Howdoesateen,

oranyonereally,balancethatorjustdofunthingsversusputting

downtheeffortweneedtotogetworkdone?

Eva: Thatishard,andthatwasdefinitelyastruggle.I’mjustlike,“Ugh,

I’mreallytiredofwriting.Idon’twanttodothisanymore.I’drather

bedoingothernormalteenagerthings.”Ithinkthat’swhereagain,

havingasupportsystemoffriendsorfamilyaroundyou,ismost

important.Forme,that’smymomjustremindingmewhyI’mdoing

thisandhowimportantitis,andcanholdmeaccountableto

actuallyfulfillthecommitmentsthatIhavetothisblogandtosome

ofmyotherclients.

Pat: Whatcanateendoiftheydon’thaveasupportsystemclosebylike

youdid?

Eva: Ithinkthatyou’vegottogetreallypracticalandyou’vegotto,

ifyouneedto,thenyouneedtomakeaplanandhaveatime

managementsysteminplacetomakesurethatyouaregettingall

ofyourworkdoneandeverythingthatneedstobeaccomplishedto

growyourbusinessbeforeyoucandothoseotherfunthings.Ithink

thattherecanbebalancethere.Idon’tthinkthatifyou’reateen

runningabusinessyoucan’teverhavefun,butIthinkit’simportant

foryoutohavethemindsetoffinishingyourwork,andthenmaybe

hangingoutwithyourfriendsordoingwhateveritisthatyouwant.

Pat: Forme,Iusedthestrategyofusingthattimeasarewardformyself.

Thatactuallymotivatesmetodothingstherightway,quickerand

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faster,andtoactuallydothat,sothatIcanthendothosefunthings

likehangoutwithmykidsorplayvideogamesorwhateverIwant

todo.IstillfeellikeI’mateenatheart.Iliketodothosekindsof

things.Istillwouldlovetojustgofishingwithmydadagainand

playMagic:TheGatheringallday.Thatwouldbefun.Thatwouldbe

agoodday.Anyway,Evathisisgreat.Tofinishup,I’dlovetoknow

whatareyouraspirations?Wheredoyouseeyourselffive,ten

yearsfromnow?

Eva: That’salwayssuchadifficultquestion.Ireallyhopetocontinuethis

themeofentrepreneurship.Ihopetohavethisconferenceannually,

andtoreallycultivateacommunityofteensthatarepouring

intoeachotherandIwanttocontinuedoingthatforaslongasI

possiblycanandhelpkindlethisfireandthisloveforbusinessand

entrepreneurshipandteens.

Pat: Doyoufeelthatthat’sgoingtobealittlebitchallengingasyouget

older,areyougoingtocontinuetobrandyourselfastheonewho

actually,youstartedasateen,youknowhowtotalktoteens,and

thatsortofthing?

Eva: That’smyhope.That’swhatI’mplanningon.

Pat: Verynice.Eva,thankyousomuchforyourtimeandsharing

everythingthatyou’vegotgoingon.ThisisreallyexcitingandI’m

soexcited.Iaskedthatfinalquestionthere,becauseIreallyseebig

thingsforyouandyou’reaninspirationtome,andhopefullyalotof

theotherpeopleouttherewhoarelistening,andespeciallythose

whohaveteensandkids,too.Thankyouforwhatyoudo.Thank

youforyourenergy,andbestofluckontheconference.

Eva: Thankssomuch.

Pat: Eva,wherecanpeoplefindoutmoreaboutyouandwhatyou’re

upto?

Eva: YoucanfollowmeatTeensGotCents.com,onFacebookand

Instagram,andPinterest,andthenatTheTeenpreneur.com,alsoon

Show NoteS: http://www.smartpassiveincome.com/session234

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Facebookthere.

Pat: Awesome.Soundsfantastic.Thankyousomuchforyourtime.

IhopeyouenjoyedthatinterviewwithEvaBakerfrom

TeensGotCents.com,andalsoTheTeenpreneurConference,which

hasalreadyhappened.Iactuallyfollowedupwithhertoseehow

itwentandshesaiditwentamazingly.Ican’twaitforhertodoit

againnextyear.Iftheschedulingworksout,I’dlovetobeapartof

that,ifpossible.It’snotalwayspossible.Ialwaysgetaskedtodo

speakinggigsatdifferentplacesallaroundtheworld.Themost

importantthingtomeiswhetherornottheyfitandalignwithmy

schedule.Idon’twanttotaketoomuchtimeawayfrommyfamilyat

all.Maybethere’sapossibilityofmebringingthemalong,andagain

itdependsonwhenschool’shappeningforthekids.There’salotof

thingsinvolvedwiththat.

Anyway,TheTeenpreneurConference,amazing.GreatjobEva.

Thankyouagainsomuch,andthankyouforlisteningtotheshow.

Iappreciateyoulisteningallthewaythrough.I’dalsoliketothank

oursponsorfortoday,whoisveryimportant,becausetheyhelp

supporttheshow.Theyhelppayfortheeditingandthequalitystuff

thathappensaroundhere.

Iwanttothank99designs.com,anawesomesitethatifyou’rejust

startingoutanyoucan’tyetaffordthatonedesigner...Designis

important,obviouslyonline,becausepeopleoftenseefirstbefore

theystartreadingorlisteningtoyourstuff.Youneedtohavegood

design.It’sreallyhardinthebeginningtohavethatgooddesign,

especiallywhenyoucan’taffordthatonedesignerwho’sonyour

team,whichisideal.

You’dwanttohavethatonepersononyourteamwhogrowswith

youandyourbrand.I’mveryfortunatetonowafterseveralyears

ofdoingthingsonmyownandbootstrapping,tohavemyown

designernow,butifyou’rejuststartingout,99designs.comisa

greatplacetogo,becauseyoucangetadesignprojectdonein

withinsevendays.Notonlythat,you’llbeabletohaveseveral

Show NoteS: http://www.smartpassiveincome.com/session234

14

differentdesignstochoosefrom,fromseveraldifferentdesigners,

allaroundtheworld.I’mtalkingdozensofdifferentdesigniterations

forthatthingthatyou’relookingfor,anythingfromalogotoa

landingpage,acompletewebsitedesign,tshirtdesign,afoodtruck

wrap,anythingyoucanthinkof,therearepeopletherehelpingyou

out.Goaheadandcheckitout,99designs.com/SPIiswhereyou

shouldgosoyoucanget$99forfreethatyoucanputtowards

yournextdesignproject.Again,that’s99designs.com/SPI.

Thankssomuch.IappreciateyouandIlookforwardtoservingyou

inthenextepisodeoftheSPIpodcast.Untilthen,comebacktothe

blog,SmartPassiveIncome.com/session234.Leaveacommentfor

Eva.I’msureshe’dlovetoseewhatyouhavetothinkaboutthis.

Again,checkoutTheTeenpreneurConference.Allyouteenagers

andyoungkidsouttherelistening,Ihopethisinspiredyouandif

onlyIcouldgobackintime.Thanksagain,andI’llseeyouguys

later.Bye.

Announcer: ThanksforlisteningtotheSmartPassiveIncomepodcastatwww.

smartpassiveincome.com.

Show NoteS: http://www.smartpassiveincome.com/session234

15

ReSouRceS: TeensGotCents.com

TheTeenpreneurConference

FinCon

TheTotalMoneyMakeover

SpoNSoRS: 99Designs.com

http://www.smartpassiveincome.com/