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This is the stuff you millionaires in the making need to know to kick start or propel you on your financial fitness journey. Tracey Bissett, Founder of Bissett Financial Fitness and award winning Financial Literacy Champion, gives you the straight goods each week to set yourself up for financial success. As a former executive at TD Bank, one of Canada's Big 5 Banks, Tracey has worked with and in support of thousands of individuals and entrepreneurs to secure the financing they needed.  This hands on experience combined with her formal financial education, Masters of Business Administration and Chartered Financial Analyst designation, position Tracey uniquely to coach all things money. Tracey goes behind-the-scenes of all the money matters with need-to-know tips, money-making demystified, and special power-player interviews. Join us weekly for Financial Fitness Training that will turn even a Cash Couch Potato into a Marathon Money Maker.

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  2. EP088 Wastenot Farms: Using Worms to Recycle Food Waste with Jocelyn Molyneux

EP088 Wastenot Farms: Using Worms to Recycle Food Waste with Jocelyn Molyneux

Jun 25, 2019

Jocelyn Molyneux is the Founder of Wastenot Farms, a company that uses red wiggler worms to recycle and compost food and paper waste from offices in Toronto, creating a nutrient-loaded soil booster for urban gardeners. Jocelyn has worked for companies such as ZooShare Biogas Co-operative, Pride Toronto, and Turtle Island Recycling Corporation. She has an M.A.Sc. in Environmental Science and Management, a Bachelor of Business Administration Management and a Bachelor of Science in Psychology and Neuroscience from Bishop’s University.

 

Jocelyn joins me today to share her motivations and the experiences that led to creating a business. She highlights how she became a specialist in her field and how vital it was for her success. She describes how a full-time job supported her while developing her business. She also shares how important it is to invest in yourself and consider whether financial risks are worth taking.




“Really drill down and become an expert. Once you’re an expert, you’re that much more valuable.” - Jocelyn Molyneux




This Week on Young Money:

 

  • What motivated Jocelyn to start a food waste recycling business.
  • Becoming an expert and becoming more valuable to an employer.
  • Why never giving up and throwing in the towel is a great trait to have.
  • Having a side gig while building a business.
  • Taking on good debt and why it is vital to invest in yourself.
  • Assessing whether financial risks are worth taking.
  • Using experts and getting advice when your financial skills are lacking.



Key takeaways:

 

  1. Find a passion and use it to specialize.
  2. Be persistent, positive, and never give up.
  3. Find a way to get your business going while working on the side.
  4. Assess risks versus rewards when making decisions.
  5. Learn business skills.




Connect with Jocelyn Molyneux:

 





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