Monday, October 3, 2022
HomePersonal FinanceThe REAL numbers behind Selena Soo’s Wealthy Life

The REAL numbers behind Selena Soo’s Wealthy Life

Inform me how this sounds: 

  • Residing in sunny Puerto Rico, swimming within the ocean within the afternoons
  • Operating your personal enterprise that emphasizes your strengths and offers you the liberty to work the way you need 
  • Not having to do the dishes
  • Having a boutique closet
  • Holding your life easy with few private obligations and obligations

… and having sufficient monetary safety to make it occur.

I’m so excited for this submit. Why? As a result of we’re going to take a deep have a look at my buddy Selena Soo’s Wealthy Life. Selena is a publicity and advertising strategist operating a 7-figure enterprise from Puerto Rico, and she or he shared REAL numbers with us and tells tales about what residing a Wealthy Life means for her.

First, let’s have a look at one in every of Selena’s two major Cash Dials: comfort. 

I like spending my cash on comfort. I’ve turned this Cash Dial all the best way up — I wish to streamline and scale back stress in a number of areas of my life. 

Selena has related objectives. 

Her condominium in San Juan is steps away from her favourite eating places and different metropolis conveniences. The grocery store, dry cleaner, fitness center, and pool are all inside her condominium complicated. She doesn’t want a automobile and all of the bills that come together with one. 

Selena additionally saves time by assembly together with her private coach by way of Zoom 5 occasions per week. Wait — Zoom exercises? Sure. 

Selena says, “I don’t should journey to the fitness center, get settled, do my exercise, after which come again residence. That might simply turn out to be a two-hour factor. As a substitute, I can simply flip open the pc, do a 30-minute session, and be completed.”

I like how Selena handles garments — she actually leans into comfort. “Once I lived in New York Metropolis, I might have a part-time private assistant (who labored full-time in trend) go to the division retailer one hour earlier than me to seek out garments and one of the best becoming room, so once I arrived I used to be not losing any time.” Sure! Even now in Puerto Rico, she has assistants place orders and deal with returns. 

Now, some actual numbers: 

  • “I used to drop $700 with out a second thought at Bloomingdale’s.”
  • In NYC, Selena lived a block and a half from a pattern sale showroom, so she purchased discounted clothes from Hire the Runway, Alice and Olivia, and so forth. “Clothes that had been $1,000 had been on sale for $200.”
  • “I pay a stylist $300 a number of occasions per 12 months to seek out garments on-line for me.”
  • She paid $75/hour to have somebody manage her closet in order that she had a system and the closet regarded good. “It brings me pleasure to have such a colourful and classy walk-in closet. It feels prefer it’s out of ‘Intercourse and the Metropolis.’” 

One other massive space of comfort for Selena is meals. When she lived in New York Metropolis, she spent $1,000+ per week on meals. She usually ate out — in NYC, she may simply spend $100 on dinner. In Puerto Rico, it’s $30–40. 

In NYC, she had a private chef who price $360/week plus the price of groceries. She additionally has a private chef in Puerto Rico. Listed here are among the meals her chef has ready for her: 

  • Curried pumpkin soup with coconut milk
  • Shrimp, avocado, and dragon fruit salad with cilantro French dressing
  • Caprese salad with strawberries, radish, and basil
  • Sauteed purple okra with cashews and garlic
  • Salmon fillet with shallot, butter, and lemon
  • Beet and goat cheese salad

Selena mentioned two issues that I like: “I don’t have to arrange meals. It simply type of exhibits up” and “I’m normally consuming out, getting Uber Eats delivered, or consuming from a container ready by my chef, so I virtually by no means do dishes.” 

Sure! I like seeing my college students construct their companies and reside their Wealthy Lives.

Selena Soo’s self-improvement Cash Dial

Selena spends extra on self-improvement than most individuals could be snug with. She doesn’t care what different folks suppose. She spends on what’s necessary to her — and her enterprise success permits her to do it.

Right here’s why I like it: Specializing in enhancing herself is what helped Selena begin and develop her enterprise (extra on that later). However as her enterprise grew, specializing in self-improvement and self-care has helped Selena take care of the stresses of operating a multimillion-dollar enterprise with over a dozen group members and several other hundred college students and purchasers per 12 months. 

OK, let’s have a look at among the particular methods Selena has turned up her self-improvement Cash Dial, together with her actual numbers.

Private care

I’ve impeccable eyebrows, Selena has impeccable eyelashes. This 12 months Selena spent $4K on lash extensions and Glamnetic magnetic lashes. She additionally will get blowouts for her hair twice a month. As a extremely seen entrepreneur and “a single girl searching for love,” Selena says her look is necessary to her for each private and enterprise causes. 

Right here’s one other: “I get my finest enterprise concepts on the spa or on the therapeutic massage desk. It places me in a relaxed state. It’s actually necessary for my enterprise and private well-being, and I prioritize it,” Selena says. She has a $99/month spa membership, and likewise spends $150 on 90-minute massages at residence. The spa features a saltwater floatarium, rain bathe hallway, and steam room that Selena has limitless entry to.

Relationship help

A couple of years in the past, Selena was in a horrible, emotionally abusive relationship. I encourage you to examine it right here. I learn this story earlier than Selena revealed it — it’s highly effective and necessary. 

That’s a part of the explanation Selena invests a lot in relationship help. She’s targeted on breaking outdated patterns and confronting relationship fears. 

After she revealed her article, she went down an Instagram rabbit gap and found that one of the crucial prestigious matchmakers expenses as much as $300,000 per 12 months for a world search. She did NOT do this. 

Listed here are among the methods she DOES spend: 

  • She signed up for a six-month group program with relationship coach Sami Wunder (who was one in every of her PR company purchasers) for $6,000, in addition to one other program of hers for $2,000. 
  • She discovered an area matchmaker for $12,500, who offers 6–8 matches.
  • She pays for relationship apps like Hinge and Bumble.
  • She has an government coach, Jen Mac, who she talks with about quite a lot of enterprise and private points, together with relationships, codependency, and intimacy fears. This prices over $20,000 per 12 months.
  • She has a therapist and pays 60 euros per session.

That will sound like loads, however Selena says, “I’ve spent tens of millions of {dollars} on my enterprise over time. For me, the one factor in my life I don’t have is the connection I would like. That’s a much bigger precedence to me proper now than rising my enterprise — and I’m keen to spend cash on it.” 

“I’ve spent greater than $36,000 on a enterprise mastermind, together with journey and lodging, however I didn’t get a lot out of it. I noticed this 12 months that I must take dangers and present up in a giant technique to create the connection I would like, even when my investments don’t repay.” 

I like her philosophy about spending cash on issues that in the end didn’t work: “In enterprise and life, you make investments based mostly on the place you’re on the time and your hopes and desires, and typically it doesn’t work out. That’s okay.” 

Selena additionally talks with a psychic on a month-to-month foundation to get her opinion on issues like how a launch goes to go, who to rent, and so forth. She offers consultations together with her psychic as presents to mates. She additionally has an power healer to assist work out the bodily features of emotional therapeutic. She spends round $2K/12 months on these providers. 

After seeing these numbers, what are you considering? I wager a few of you’re considering that these numbers are “loopy” or “ridiculous.” And you could be proper — for you! 

What I like about Selena is that she is aware of what’s necessary to her and what she will be able to afford — after which she spends cash on it. 

“I select to reside the place different folks trip”

Selena runs a 7-figure publicity and advertising training firm from sunny Puerto Rico. “I select to reside the place different folks trip,” she says. “I’ve town … however I even have the rainforest and the seaside.”

I wish to share with you three tales that illustrate her Wealthy Life. 

Befriending the chef

Selena and her finest buddy have a favourite Japanese restaurant in Puerto Rico. However there are solely six tables and a small bar space, so it’s very tough to get a reservation there. Because the restaurant is so in demand, they hardly ever reply the telephone and you can not e-book on-line.

One night time Selena observed there have been some seats open on the bar. She requested if she may sit there, however was instructed these spots had been solely accessible for mates of the chef. “I must turn out to be mates with the chef,” Selena determined. 

The following time Selena received a reservation, she and her buddy requested the waitress to deliver over the chef. They instructed him how a lot they beloved the meals, how appreciative they had been of this hidden gem, and subsequent factor they knew he despatched out some particular sushi that wasn’t on the menu for them to attempt.

After a pair extra visits and conversations with the chef, Selena and her buddy are actually on the VIP checklist. They’re assured a spot each time they arrive by, and have a standing reservation at this fashionable sushi spot each two weeks.

World-class salsa classes

Selena identifies as a former workaholic. A part of her resolution to maneuver to Puerto Rico was to undertake a slower tempo of life and revel in life to its fullest.

“Earlier than I moved to Puerto Rico, I used to be in fixed hustle mode. I used to be at all times working and felt disconnected from my physique. I wished to seek out methods to reconnect with myself and decelerate.”

One of many issues Selena did was study salsa. 

“I take non-public salsa dance lessons and my teacher is a four-time world champion. She’s arguably one of the best salsa dancer on the earth.”

Manifesting a birthday resort

Selena says, “It was on my psychological imaginative and prescient board to manifest a free keep at O:LV Resort, a brilliant cool boutique resort that has been known as ‘the sexiest resort within the Caribbean.’” 

“Loisse [the owner] was an acquaintance and despatched me a Fb message a few weeks earlier than my birthday that mentioned, ‘Hello Selena! How are you? I’m deciding on a number of individuals who can affect others. Would you want to remain at O:LV or spend the day as you want and submit about it?’ I used to be an prompt sure!” Selena and her buddy even did a photograph shoot on the resort.

I like it. Selena is aware of what she needs and is designing a Wealthy Life that’s tailor-made for her. 

How about you? For those who may reside anyplace or have experiences like this, what would you select?

From a $42k/12 months nonprofit dream job to multi-7-figure enterprise

Selena’s Wealthy Life is made doable by her multi-7-figure publicity and advertising enterprise, which she runs from her small condominium in Puerto Rico. 

In relation to her residence setting, Selena values simplicity and ease. Her 670-square-foot one-bedroom condominium is good for her. “In a smaller house, I’ve much less to brighten, handle, and clear.”

Selena is actually residing her Wealthy Life.

However it wasn’t at all times that means.

In her mid-20s, Selena had her dream job working at a nonprofit in New York Metropolis. However she wasn’t completely satisfied — she was bored with the lengthy hours and low pay. So she went to enterprise college at NYU. 

Throughout grad college, Selena began to determine how she may construct a enterprise round her personal strengths. She had began to observe a number of folks on-line — Marie Forleo, Danielle LaPorte, and extra (together with me) — and began to see one thing…

Selena describes herself as naturally introverted, and even shy at occasions. However she’s a brilliant connector. She began sending easy, private emails to the folks she was following on-line and introducing them to others.

This easy act — an introvert reaching out by means of e mail — finally helped Selena develop her personal publicity and advertising firm. She constructed her enterprise round her strengths as a connector. 

Right here’s what she says: “I’m extra snug behind the scenes, like once I’m teaching, consulting, strategizing, and main my group, versus at all times being public dealing with. So though I’m a publicity knowledgeable, I actually solely do publicity annually round my launch. I’m not doing interviews 12 months spherical or flying out to talk on levels. I make a giant bang annually after which I retreat again into my shell. That’s a part of my Wealthy Life.” 

Sure! I like it. Selena is aware of herself and is aware of what she likes and doesn’t like … and she or he constructed her enterprise round how she works finest. She hires folks to assist her in areas that she’s not as sturdy in. It’s a enterprise completely suited to serving to her reside her Wealthy Life.

“I’m taking a month-long journey to Southeast Asia … and my enterprise will hold operating”

Right here’s the query I ask on the high of the Earnable product web page: What in case you may begin a enterprise that pays you to reside the life you’ve at all times wished?

Selena has used my materials to assist her begin and develop her enterprise and reside her Wealthy Life. 

She has so many tales of the advantages of operating her personal firm that I may hold telling them for days. Right here’s one which has but to be totally written.

June 2022 would be the ten-year anniversary of her enterprise. Ten years! Congratulations, Selena! 

Selena may even flip 40 in July, so she is taking November off of labor to journey to Southeast Asia together with her finest buddy, Heidi. They’re going to Hong Kong and Thailand to reside it up. 

“I had wished to attend to do these sorts of issues till I had discovered my companion,” she mentioned. However she selected to reside her Wealthy Life now somewhat than wait. 

Operating her personal enterprise is what permits her to do this. 

Selena says, “I’m the face of the enterprise, however I additionally produce other senior leaders and coaches, so the enterprise can run for a month with out me. The opposite coaches can run the group calls.”

“A part of my Wealthy Life is that I don’t have to be the focal point. I like lifting different folks up, and I like spreading obligations so not the entire weight is on me.”

I like this. Selena is displaying how operating your personal enterprise may also help you reside the lifetime of your desires, your Wealthy Life. It may well permit you to take month-long holidays and know that what you are promoting will run with out you.

*    *    * 

Ten years in the past, Selena was simply getting began together with her enterprise. She was in the identical place many individuals are, questioning whether or not to remain in a job they don’t like, change jobs and even careers, or begin their very own enterprise. 

So I wished to share her story for example of what’s doable once you take the leap and begin your personal enterprise. If you wish to study extra about Earnable, my program that exhibits you find out how to begin and develop your personal enterprise, click on right here

100% privateness. No video games, no B.S., no spam. Once you join, we’ll hold you posted



Please enter your comment!
Please enter your name here

Most Popular

Recent Comments