Lucy Gernon (00:00)
Are you a powerhouse leader or a people pleaser? That’s a question that’s a hard one for a lot of women in leadership to sit with because you want to be seen as a powerhouse. You want to be seen as credible. You want to be seen as strategic. You want people to take you seriously. But yet so many women in leadership, people please. We say yes because we want to be seen as cooperative. But actually, what if that was the wrong way? What if the more you please, the less credible you actually were?
And that’s exactly what we’re going to be talking about in this week’s episode of the 360 Leadership Podcast. It’s going to be quite reflective, and I think it’s probably one of the most important episodes I have ever recorded. So please make sure you listen in. It’s going to be a good one.
Hi there and welcome back to another episode of the 360 Leadership Podcast. I cannot believe that we are in the middle of November. Like it is just crazy. Are you all set for Christmas? The very dreaded question. Or if you’re in the US, maybe you’re preparing for Thanksgiving. I remember actually a few years ago, one of my dreams, obviously I’m Irish, but I love America. I don’t know if I told you guys that before. I’ve been to LA a few times. I’ve been to New York a few times.
And if anyone actually is American listening to this and you want to fly me over for an event, please reach out because I am there. I just love the US. And I always had this dream to go to the US for Thanksgiving because I just, you know, like it’s not a holiday we celebrate in Ireland. But as a positive psychology coach and as somebody who is so grateful for my life and to just be alive most of the time, I have my days, though. Don’t worry. Just like everybody.
I just love the idea of Thanksgiving because it’s all about us giving thanks and being grateful. And I just think it’s a really lovely holiday. Yeah. So anyway, I flew to the U.S. a few years ago on Thanksgiving. I went to New York, booked this. I can’t remember the name. It’s a really ⁓ well-known Italian family restaurant in New York. And we had like turkey with the cranberry sauce and the yams and like all the American things. And ⁓ the sweet potato had the yams.
had like mini marshmallows on top. And like, this was just the coolest thing. But anyway, I’m just, I’m reminiscing here thinking, excuse me, about that time. It was so cool. But it got me thinking as I was thinking about Christmas and Thanksgiving, how much my own money mindset has changed over the years. Because I didn’t even know money mindset was a thing. But when I did my coaching course, it was something that we had to look at, which was our relationship with money.
And whether you know it or not, you too have a relationship with money. And for some people it can be a positive relationship and for others not so much.
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So today we are having a real conversation and it’s one of them that not all of you will love at first, but if you stay with me, it could shift not only your entire career trajectory, it can also change your life. So here is the question. Are you a powerhouse leader or a people pleaser? Because whether you realize it or not, your money mindset is actually running your leadership and your life.
And for so many high-achieving women, it’s also the cause of self-sabotage because we don’t necessarily understand how our relationship with money is influencing our careers and everything. So today I want to talk about the three main money mindset archetypes or money mindset archetypes that I see with women when it comes to money. And
The reason they’re so, important is because money is a tool to allow you to experience things. I used to, I’ll just give you a backstory. Like growing up, we didn’t have very much money, not a lot at all. And I remember my mom always had a little black book where she’d write down every, she would note to the penny how much money we had in her bank account. I
As much as I love my Louis Vuitton bags now, it’s far from Louis Vuitton I was raised, let me tell you. I, you know, grew up thinking that money was scarce. I grew up thinking it was selfish, I guess, to spend money on myself because my mom always shopped in like the bargain rails and she never, you know, made big investments in herself because she didn’t actually, they didn’t have the money.
But when I went into the corporate world and I started earning good money, like lots of you, I still carried that mindset with me. Even though my parents circumstances were vastly different to mine, I still brought those money mindset beliefs with me. And ultimately for a long time, like I shopped on all the bargain rails. I still do actually. I still get a buzz out of that. I think we all love a bargain or a bit of a deal, don’t we?
But I’ll still always do that because that just brings me back to my roots. But I certainly would never have invested in the likes of coaching, for example. I would have seen that as something as my employer should pay for or something that was for like athletes or, you know, nice to have. And now it’s like a total nonnegotiable for me. And like since I’ve started to invest in myself, my confidence has soared, my self-worth has soared, my income has soared. And I’m able to then
you know, share this message with you as if you do have a poor money mindset that I want to talk a little bit about that today. And equally, you know, you can have a scarcity mindset, but also you may have a different relationship with money in a sense that maybe you had money growing up in your house and maybe it was the cause of arguments or maybe your parents or whoever the main breadwinner was, was never available. So maybe you don’t.
your money is negative to you. So a lot of us have a negative relationship with money actually. So I’d love you to think about, sit back and you know, we’re gonna do a little psychoanalysis here. And we’re gonna look at the three different money mindset archetypes. And I want you to see which one you think you might fall into. Okay, we ready? All right, let’s go. So the first one is what I call the permission seeker.
Now, this somebody who wants growth, she wants certain things, but only if somebody else funds it. She for the likes of like, you know, self development, she usually waits for her company to pay for it. And she’s thinking, well, if they value me, you know, they should invest in me or I’ll see if my company will pay because really like they should be paying. But
While I do agree with that to a certain extent, I actually do believe that organizations should be investing in their female leaders. It’s actually your career and it’s your life, not theirs. So if you have development needs that are not being met, and when I say development needs, I’m not just talking about leadership, guys. I’m talking about you. I’m talking about you who wants more time.
because it impacts your whole life. impacts your sleep. It impacts your relationships. We’ve gone over this before. It impacts your health. It impacts everything when you’re overworking. If you want more recognition, if you want more opportunities, well, why would you not invest in yourself to achieve those things? You know, if you think about it, it’s just a little bit. I think it’s like we just.
are not used to investing in ourselves. We’ll give the money to our parents, treat our family to holidays, we’ll buy cars that make us look good and fit our brand, or buy a bag or whatever it is. have you ever invested in you? And if you have, I love you because you deserve it, right? And investment doesn’t have to look like coaching. It can look like going to the spa. It can look like investing in therapy.
if something that you need. You know, I just think it’s so, important to like not ask permission and not wait for other people or not ask your partner like you earn good money. If you’re listening to my show, I know you do. And it’s OK to spend that on yourself. OK. The second type, let’s see, was that you? If that was you, all good. But we’re going to change that. The second type is what I call the fence sitter. Now, she knows she needs to invest.
but she usually hesitates and she’s saying things to herself like, OK, I know I want to work on my confidence. I know I need better work life balance. I just cannot sustain this anymore. I can’t keep having work rule my life. I really want to be able to accelerate my career and be present at home and all of those things. But I’m kind of just going to sit on the fence and just hope something changes. And she might be asking herself things like, is it the right time or?
Is it worth it or am I worth it? And it’s really fear disguised as. Procrastination. And it’s totally normal, because if you have never like, let’s say, for example, like 360 leaders club, right, the minimum investment, it’s four, nine, nine, five, as I’m recording this right now for six months support, and it’s five and five for our executive experience, which would be for our executive leaders. OK, so if you’re below executive.
You can still join our signature experience for four, nine and five. Now it’s a chunk of change. I’m not going to lie to you, it’s a chunk of change. But like an MBA is like 40 grand or probably more. Five grand is like a holiday. not even a holiday. My college cost me way more than that, which we use to recover from the stress. But then we won’t invest it in ourselves to make our lives easier for like six months and beyond.
Because the tools that I teach, you have them for your life. You have them for career. You have them for you can use them for home. Like, you know, we do we cover things on how to manage your emotions effectively at work. We cover things on conflict management, having difficult conversations. I’m not talking about surface level shit. I’m talking about deep psychology, giving you frameworks and tools and the encouragement and the support you need to actually take imperfect action.
So like when you take action, you will get results. When you get results, you’ll see transformation. So if you want change and it’s worth it to you, why would you not invest in yourself? You know, something to think about. And then the third type of investor is the empowered investor. And she’s like, okay, this is my money. This is my life and it’s my turn. I know.
that I’ve done loads of leadership courses and different trainings and work. I know I’ve been listening to podcasts. I know I’ve been reading books and I know that I’m still in the same place as I was six months ago. She doesn’t wait for the perfect time. She doesn’t keep putting everything off because she knows that she has a problem and because she’s a problem solver, she knows smart to invest in support. And she definitely doesn’t wait for company approval because she knows that’s going to take weeks, months.
and she’s not willing to sacrifice any more time. And she invests because she knows that the return on investment is not just money, it’s time, energy, confidence and opportunities. And the irony is that most of our members, guys, at least five extra investment. I’ve had women, you wouldn’t believe the like two promotions in 18 months, know, a 60K bonus being given out of the blue.
Somebody else your day told me they got like an off cycle 18 % increase and another bonus. Like they, money just seemed, I don’t know, when you’re with me, you just seem to make more money as well because I’m so passionate about, you know, abundance and about really opening your mind to the fact that there’s money everywhere, right? You can always earn more money. It’s something that’s there, it’s available to you. But time is totally different. Why would you waste another second of your time if you’re not happy?
Why would you waste another second of your time? You don’t have to do it. So the thing with the empowered investors I noticed, I guess what happens with her, she’s the one who gets promotions, opportunities. She’s the one who sleeps better at night. She’s the one who’s going to the gym two or three days a week. She’s the one who sought out for strategic discussions. Right. So there’s no judgment in
any of these. It’s just really about you and your own awareness that you do have a relationship with money and it’s either helping you in your growth in your career and as a woman, as a wife, as a daughter, friend, sister, because when you grow, you don’t just grow in your career, you’re one person, right? You’re going to grow in your life. So which one are you? Now you might be thinking, right, OK, so Lucy’s been talking about 360Leaders Club and you know the waitlist is opening soon, so you can go to 360LeadersClub.com
forward slash wait list right now. I’ll pop it in the show notes. Get yourself on it and we can start together in 2026. But you might be thinking, which is totally fair enough, right? What’s different about this and is it worth it? So let’s talk numbers. So we know from, I’ve already told you that my members, at minimum, usually five extra investment. That is not guaranteed. Obviously those numbers are indicative based on the people who’ve got promotions, who told me about bonuses, et cetera, et cetera. Okay. But some of them have like,
I mean, probably like 15x. But the average return on a coaching investment, according to the ICF, is 5.7. And there was another study that showed that there was a 788 % return. you will absolutely, I think it was Harvard did a study which showed that there was an 18.5 % boost in job satisfaction in women who are coached versus women who are not. And here’s something absolutely wild. So if you’re multitasking, come back to me.
more men invest in coaching than women. And we wonder why there are more men in leadership. Just saying. And I can tell you firsthand that I would not be where I am today without coaching. And I have worked with coaches for the last like maybe six, seven years, actually more, sorry, more through every level of my business. And, you know, back in my career as well as when I started my coaching journey. And now, like since I found coaching and personal development, that’s not in some stuffy academic room with
you know, nice, fluffy discussions. It’s all practical. It’s all actionable. It’s designed for the modern world. I love supporting you to do this and connecting you with other women and the community and just seeing what’s possible. So I want you to know that change is possible. And if you’re done sitting on the fence, you’re done waiting for somebody else to give you permission, this is your sign. So the 360Litre Slub Waitlist is open. You can head over.
right now to 360LitresClub.com forward slash waitlist and we’re going to be opening up members very, very soon. Pop your name down and you’ll be the first to know when an opportunity comes up. Like, please just don’t carry the same patterns into the new year. You are your best investment and the ROI is bigger than you can ever imagine. I’m talking one of the nicest ROI’s I hear about 360 is the new friendships you’ll form, the camaraderie, the sense of not feeling alone.
having somewhere to like someone who gets it right. So, yeah, I just think you ought to consider it for yourself. So that’s it for this week’s episode of the show. Remember, like success, balance and happiness are so possible, but it all starts with the right mindset, the right tools, the right strategies and the right support. And you, lovely lady, you so deserve that. So until next time, have a great week. Stay safe.
See you then.
