This week’s Misfit Entrepreneur is Niajae Wallace. Niajae has an amazing story that I don’t want to spoil for you. But, let’s just say she started out with nothing and by age 19 had started her first business and the success grew from there.
She had so much success that she was able to free herself to work when and how she wanted and now travels the world teaching people what it truly means to live an abundant life.
This is going to be an interesting and possibly controversial episode, because we are not only going to talk about how to create your own abundant life, but we are going to discuss some major topics on what truly holds people back, especially in inner city and underprivileged areas. Niajae and I both have strong feelings about how to best help these areas and they are built on principles tested throughout time. I knew when we connected on this level and were able to discuss these topics, I had to have her on the show and share her wisdom with you.
The Abundance Hack Podcast
Niajae was born in the Bronx to a single mom. Her dad didn’t know if she was his. As she says, she has the typical inner city single mom story where people expect her to have the stereotype of “daddy issues” and multiple kids by different fathers, government assistance, etc. But that is not the case. Niajae looked at her life and said, “This will not be my story…”
She buckled down and found a different mindset than those around her. She spent more time in the library while others were running the streets. She also found a mentor at SCORE which led to her starting her first business at 19. She learned a lot and 5 years later opened another business which she grew and was able to sell. This allowed her to transition to be fully remote and travel the world working where, when, and how she wants.
She now focuses on teaching people how to shift out of the mindset of not falling victim to their circumstances and their upbringing. She helps them re-write and live their story.
What does it mean to live and abundant life?
- Finding your purpose and living it.
- Finding that fulfilling feeling by serving and helping others with your purpose.
Is there a framework that you use or steps you coach people on to find the abundance of their life?
- First, you must become self-aware.
- You must get a good idea of what you want.
- You must also have a good idea of what you feel are your limiting beliefs, your blocks and the pain/trauma you have suppressed.
- To find out what you truly want, ask yourself “What do I truly want..” 3 times.
- The first time will be what you feel you want…what society has led you to believe.
- The second time you will dig a little deeper and question if what your first response was is true or if it is different. This is where you may find some limiting beliefs and question if you can have what you want.
- The third time is to remove all barriers and pretend you have a magic wand and could have anything you want – no limitations. That is what you truly want.
- Next you must then isolate and remove the limiting beliefs, your blocks.
- There is no upper limit.
- Things can go great and continue to be great in your life as long as you get out of the way and allow it to happen.
How do you coach people to push through and take the action needed to truly find abundance?
- It is amazing how most people know what they need to do, but won’t do the work required.
- The reality is that people have to ditch the excuses.
- We all have the same 24 hours in a day. Some people spend that time within 24 hours binge-watching Netflix while others spend that time building an empire. Which would you rather be?
- People may not like perspective, but they need to hear it. There is no excuse if you truly want to make a change.
- It ultimately comes down to how bad they want it. If you want it bad enough, you will get it.
What was the hardest or darkest moment on your path to success? How did you overcome it and what did you learn from it?
- Niajae had to battle through a lot of limiting beliefs (blocks).
- No one in her family had ever had a business.
- The hardest thing was not having any support. She had to shift her mindset because she always felt alone. Her family and friends did not think like her.
- The more you shift your mindset for success, the less you have in common with those around you that do not.
- It took going to groups, seminars, and entrepreneur focused events to find new friends and surround herself with those that are operating on the same levels.
- One of the hardest things to get over is being OK with outshining those around you.
- Many times, we dull our own “shine” for the people that we love and it stunts our growth. Beware of this trap.
- Her first business did not last very long, but she took what she learned and re-opened a few years later and made it a big success.
- You must also learn how to outsource and delegate. Trying to do everything herself is what sunk her first venture.
At the 20 min mark, Niajae talks about her business that she sold…
- Big Lesson Learned: There is a huge difference between owning a business and owning a job.
What have you learned about business and life after selling the business, going remote, etc.?
- Chasing financial freedom is kind of a dead-end road.
- It’s not the money, it’s the experience that it will give you that matters most.
- Fulfillment doesn’t come from the material – it comes from tapping into your purpose at the highest level.
At the 30 min mark, Niajae and I talk about a real problem – how to truly help those in the inner cities
- Throwing money at the problem is a “band-aid.” It doesn’t heal anything.
- What is needed is good role models and mentors.
- Spend money on getting quality teachers instead of a rec center.
- The conditioning of thought is the other big area that must be looked at – at home and in the community. People are taught that they cannot succeed when that is not true. This can only change when the influences of that thought are taught there is another way and they can change.
- For example, Niajae’s mom used to tell her that her “head was in the clouds” and that what she wanted wasn’t realistic. For most people, if told something like that enough, they give up on their dream(s).
- Struggle is a mindset and it is pervasive. But, it does not have to be.
Talk to us about victimology…
- We have it so good.
- Playing the victim is making excuses.
- We must take responsibility for our lives and not let ourselves be a victim to our circumstances.
- 20% of life is what happens to us, 80% is how we react to it. You control 100% the way you react.
- We repeat the same patterns over and over until we learn from them and finally break them.
- If you are someone who has really had a traumatic experience – please ask for and seek help to get through the trauma and pain. You can overcome it, but don’t go it alone.
- Never be embarrassed with who you are and your story.
At the 46 min mark, Niajae talks about “upper limit problems” and for the first time how her relationship with her mom, and now her dad have been affected by her confronting things and choosing to succeed with no limits. This is a very powerful segment for anyone.
Best Quote: “We all have the same 24 hours in a day. Some people spend that time within 24 hours binge-watching Netflix while others spend that time building an empire. Which would you rather be?”
Niajae's Misfit 3:
- Believe in yourself. Life will tell you that you can’t. Believe in and love yourself. Have unwavering faith.
- Choose to be happy. Don’t just exist. Life is meant to be enjoyed. Happiness, regardless of circumstance is a choice.
- Self-care is a must. You cannot pour from an empty cup, so you must take care of yourself first. The only way you will do your best is if you feel your best.