Enhance Luxury Brands with Technology and Human Touch

Explore the world of luxury business consulting with Elizabeth Solaru, a distinguished consultant and author of The Luxpreneur. Learn how she helps brands attract high-paying clients through strategic luxury insights, combining technology with a human touch to create unique customer experiences.
What does it take to build a successful luxury brand, and how can businesses attract affluent clients while maintaining excellence?
In this episode, Elizabeth Solaru, based in London, UK, shares her journey from scientist to luxury business consultant, revealing her expertise in helping brands position themselves in the luxury market. Through The Luxpreneur, she provides a framework for understanding luxury consumer behavior, integrating technology, and fostering excellent client relationships. Adrienne Barker dives into Elizabeth’s unique strategies for leveraging convenience, storytelling, and reputation management to elevate brands.
5 Key Takeaways
- Understand Your Luxury Market: High-end clients value convenience, clear communication, and a seamless buying experience. Tailor your brand to meet these expectations.
- Integrate Technology with a Human Touch: Leverage tools like chatbots and AI for backend efficiency while maintaining personal interactions for customer-facing activities.
- Reputation Management is Key: Address negative reviews with sincere apologies and solutions to uphold your brand's image. Avoid public disputes and focus on resolution.
- Leverage Storytelling: Brands like Louis Vuitton and Gucci use unique and compelling narratives to connect emotionally with clients.
- Position Your Brand Effectively: Identify your brand category—boutique or heritage—and adjust your business strategy accordingly.
Quote from Elizabeth Solaru
- "People want to associate with brands that make them feel better, look important, and enhance their identity."
How to Connect with Elizabeth
- Website: ElizabethSolaru.com
- LinkedIn: Follow Elizabeth Solaru and ring her bell to stay updated on luxury branding insights.
- Book: The Luxpreneur is available on Amazon.
Elizabeth’s passion and expertise make this a must-listen episode for anyone aspiring to enter or excel in the luxury market. Tune in for actionable insights and inspiration!
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And you look so tall too. Hi everyone! We are
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back and I'm gonna try to, I'm gonna grab a pillow
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and put it under my butt and see if that makes
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me skinnier. Okay now, oh good thing I'm wearing
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pants. Okay, always remember to wear pants, just
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a little etiquette. Okay. Hi, everyone. So I'm
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very excited today. We have Elizabeth Saloo.
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And as usual, I have no clue who she is. But
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I do know just looking at her the first thing
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when she came on, I was like, okay, this woman
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is beautiful. She's bold and she's brave and
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ready to do this live with me because I have
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no prep because I believe the podcast host out
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there. I don't need to prep because you're going
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to tell us who you are. So take it away, Elizabeth.
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Salaru. First of all, I want to say thanks so
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much for inviting me on your show. I don't know
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what to expect. And I think that's half the fun.
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That's exactly why I'm here today. So thank you.
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And thank you to everyone listening and watching
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as well. I'm Elizabeth Salaru. I am, I wear a
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few hats, but right now I'm an author of a business
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book called the Luxprinter and I'm a luxury business
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consultant and I have a couple of other businesses
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that I run. So that's me in a nutshell. I'm based
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in London, UK. Um, I love reaching out to people.
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I love connecting. I love networking and I would
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love to help in any way I can. I've never heard
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of the terminology like luxury business. Did
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I hear that correctly? Yes. Luxury business consultant.
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Yes. My gosh. When I think about that, I'm thinking
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I'm going to go in your office and there's going
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to be a lot of coach couches. There's going to
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be a coffee machine, soda. I wish I want that.
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What is a luxury business? So a luxury business
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consultant, which is what I do. I literally just
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help people get people who would pay them a lot
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of money for their for their work. So if you're
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a service based provider or a product based provider,
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I come into your organization and I help you
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make more money. That's essentially it. But I
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come at it. from a luxury point of view. So a
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lot of people want to be luxury brands because
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they think all these amazing clients out there
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who spend a shed load of money, and they do.
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However, not many people are prepared for how
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much work it is to break into that world. So
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I help them make it a bit easier. I have questions
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for you, but I realized I forgot to put in. I
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want people to see who you are and learn that.
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So I need to let me let me just put your name
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in right here. And then I would love to have
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hold that for one second. I should have done
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this. But as you know, we are also live on chatter
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social, which is I know I talk about it all the
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time. I can't help myself. It's an amazing program.
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So we'll get you to look at that. So are you
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we have a large collection of people from the
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UK, which is really nice. And what is your website?
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website is elizabethsalaru .com. Oh, oh, what's
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your name? Okay. Um, it's my name .com. I love
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it. Okay. So we're going to just save this. This
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is going to scroll around the bottom and let
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me see and show. There we go. Okay. All right.
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Are you so, so first of all, is this your like
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coined phrase? Is it a trademark name? Like,
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because luxury business is really interesting
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when it comes to consulting. So Yeah, I mean,
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it's it's generic. So any well, I feel anyway
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that anyone can become a luxury business consultant
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if you know enough of the industry and if you
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are sensible. It's not rocket science. It's about
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knowing for me anyway. It's about knowing people,
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knowing how they buy, why they buy. But on high
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end clients are slightly different because we're
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talking about a different a slightly bigger price
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point and when you have the money to buy anything
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in the world, who you choose to buy from is very
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important. So for me, one of the key things is
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how easy do you make it for people to buy from
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you? Do they have to fill a thousand forms? Do
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they have to jump through hoops? Is your website,
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does your website tell them exactly what to do?
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Can they click one button and get exactly? So
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again, it's all about that. So again, like I
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said, it's about being sensible. It's about knowing
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who you're trying to target because not all luxury
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clients are the same. They're all different.
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And I'll explain some of the differences later.
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This is so interesting because I was just on
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a call today. I was consulting one of my clients
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and I was on a website. And I said, after like
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a minute, I'm like, oh, I probably wouldn't buy
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from this person because of their website. So
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I think we're on the same page. I wasn't sure
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as a consultant, if you're going in and looking
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at where you can save them money, because I know
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that's a whole nother business where you where
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you can save money and make them more profitable.
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But you're actually looking at almost as with
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a customer service kind of eyes. Am I correct
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with that thinking? Yes, exactly. So I'm looking
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through the, because I always believe that you,
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I mean, customer is king, but in luxury, we are
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the king or queen maker because people want to
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associate, because if they've got all the money
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in the world, they then want to associate with
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brands that make them feel. even better, you
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know, look important etc. So you've got to give
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them a reason why they want to associate with
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your brand and it doesn't really matter whether
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you're an established brand or a massive heritage
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brand or you're a beginner. Because I think this
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is the difference with my philosophy. Because
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some people say, oh, it takes 100 years to build
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a legacy for you to be regarded as heritage.
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And that is true to a little extent. But the
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fact that you're new and you're different can
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actually put eyes on you with the right type
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of client. Wow, that is so interesting. Now,
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I always preach, I teach LinkedIn and I always
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preach like you have to be, people have to like
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find you, right? They have to be able to, they
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can find you, but then how do they connect with
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you? I am that person that like yells out my
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cell phone number, 386 -631 -4577. Write it down
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real quick. Because I know that I don't really
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want to do business with a company that may not,
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that may like have an issue with. how do I reach
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you? If there's a problem, I want to know what
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that looks like. So are you looking at all those
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pieces together? And do you have any tips for
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someone who may not have a luxury brand but has
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a business and is like, nobody's reaching out
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to me, what's going on? That is honestly an excellent
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question because you have hit the nail on the
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head when it comes to convenience. If we find
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people bothering us and sliding into our DMs,
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unprovoked. If we find that irritating, imagine
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how luxury clients find things like that. So
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one, yes, you've got to be findable, but you've
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got to be findable on their terms. So for example,
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I have clients that literally send me two words
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or three words as a WhatsApp, and that's it.
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Literally, you'll have to think, OK, what are
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they trying to say? And then I have to think
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to myself, I'm not going to bother them to explain
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what they mean. I will go to their PA, their
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executive assistant. I might go to whoever looks
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after their affairs, maybe a family office. And
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I would say, your client has texted me three
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words. Can you explain? Because all that back
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and forth is too much trouble for some of them.
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So they use shorthand. Some of them use shorthand.
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Some of them are very detailed. They have the
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emails all set up and da, da, da, da, da. The
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most important thing is one, be very, very easy
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and convenient to get hold of. And number two,
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match energies. So if somebody's formal, be formal.
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If somebody's casual, be casual, but don't overstep
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your boundaries because at the end of the day,
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you're still serving them. But, and also, until
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you deliver your product or service I always
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say to people don't be friends with them because
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they can overstep boundaries they're paying but
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you need to keep those boundaries in place because
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at the end of the day you're still serving so
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until you serve and they're happy then you can
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become friends then you can have a nice relationship
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and indeed I've kept some of my former clients
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as friends but you just need to be careful so
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for me it's about matching energies it's about
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being so easy and convenient to find and this
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is where exactly like you said you yell out your
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number if that works for you continue to do that
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but if people have um like for example on social
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media you go on someone's instagram and you're
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thinking how do i then get hold of them and then
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you try to dm them and they have on the top no
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dms and i understand that but guess what do you
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think putting no dms is going to stop a spammer
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from spamming you right that's not going to stop
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it stop them but a real client as soon as they
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see no dms or we do not take bookings without
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the booking form they're gone they have bounced,
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they are gone. So it's about convenience. But
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you might say, oh, but Elizabeth, how do I filter
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out client? Because you need to filter out the
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wrong type of clients for you. Again, a couple
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of things will do that. One, the easy one we
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tend to fall back on is something like price
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point. So if you make it clear, This is our price
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point. I never put things like my starting price
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because that's all people here. So you need to
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filter out by your prices. You can be transparent
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with that. You can also filter out by the type
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of imagery that you use on your website or marketing
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materials. So if I've got a photo of a massive
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yacht or a big building on my page. you know,
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people will go, oh, okay, that's interesting.
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So I'm already filtering out people. So there
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are ways in which you can do that without you
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having to, what's the word I'm looking for? Without
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you having to say, oh my God, you know, what
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if I attract the wrong people? So yeah, so those
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are just some of my thoughts based on what you've
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said. Sorry, I can't hear you. Sorry, my dog
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was going a little crazy. Nobody wants me here.
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Stop barking fast. Okay. Anyways, my bangs are
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bothering me. I just think, sorry, they just
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get me crazy. Okay. So chat boxes, how important
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then would you say to these luxury brands that
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I have a question, I want to use a chat box and
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I don't want to see, sorry, nobody's working
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the chat box today. So how important, how do
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you suggest that? Like, what does that look like
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for your client? Again, that is another great
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question because we're talking about luxury industry,
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they're very resistant to some forms of technology.
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So we've seen that. In fact, there are some brands
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that go, we will never sell on the internet.
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They actually say that. I think that's a bit
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short -sighted, but each to their own. So with
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chat boxes or with AI or with technology, I always
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believe that you can use your tech on the backend,
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so the chat boxes, et cetera, but the front end
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in terms of delivering customer service or in
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terms of delivering the product, the creativity,
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you can use human touch, because I think that's
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very important. So the backend for sure, even
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chat bots, because we all have... emails that
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have been sent to us. I went to a marketing summit
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recently, and there was a lady there who took
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all the emails that she had. I mean, we're talking
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hundreds of thousands of emails, and she used
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AI to analyze all of them to find the pattern
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in terms of what are the common questions? What
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do customers want? What are the problems? where
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do people feel we have let them down? So she
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grouped the response into different categories,
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and she was able to then use a chat book to formulate
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a range of answers. So when people go on the
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website and they're chatting with a chat book,
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it's very, very human -like. So if they say,
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well, this, this, this didn't work, or I need
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X, Y, Z, or there's a delay, So again, I honestly
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feel technology in the right hands could be the
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best thing ever. So if you're able to use technology,
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definitely use technology. That makes sense.
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I think I've had a relationship with a lot of
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chat bots because some of them are so good. You
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really do feel like I am like pretty darn sure
00:13:30.070 --> 00:13:32.570
that Danny was just helping me. And, you know,
00:13:32.570 --> 00:13:33.870
I've always wanted to call the company and go,
00:13:33.889 --> 00:13:36.129
can I talk to Danny and see if he's really there?
00:13:37.059 --> 00:13:39.620
And some do. The other thing that's interesting
00:13:39.620 --> 00:13:43.899
to me is what about reviews? What advice do you
00:13:43.899 --> 00:13:47.379
have? Because, okay, so am I a real luxury buyer?
00:13:47.519 --> 00:13:50.460
Honestly, I'm not. You know what? When I first
00:13:50.460 --> 00:13:55.100
moved to Miami and I saw my first MK bag, I thought
00:13:55.100 --> 00:13:57.340
it was Mary Kay, and I said it out loud, I go,
00:13:57.399 --> 00:14:00.080
oh, Mary Kay is making bags like that. I was
00:14:00.080 --> 00:14:03.519
like, funny Oscar patted me on the head. And
00:14:03.519 --> 00:14:05.779
some people, they were all like. I was wrong
00:14:05.779 --> 00:14:08.799
with her. And like, ah, poor Adrienne, it's Michael
00:14:08.799 --> 00:14:11.659
Kors. She needs to learn about brands. And I'm
00:14:11.659 --> 00:14:15.559
like, I guess I do. So I'm just not that person,
00:14:15.899 --> 00:14:17.720
but I have a lot of respect. And I know, I'm
00:14:17.720 --> 00:14:19.600
sure if you came to my house, you say, you say
00:14:19.600 --> 00:14:21.659
that, but why are you having a Laura Ashley bag?
00:14:21.679 --> 00:14:24.980
And I'd be like, oh, I don't know. So I, so,
00:14:25.179 --> 00:14:28.070
but the importance of like reviews. And how can
00:14:28.070 --> 00:14:30.509
a luxury brand, what do they do when they're
00:14:30.509 --> 00:14:33.190
kind of like a victim of someone saying something?
00:14:33.230 --> 00:14:35.649
Maybe one person went into one store, had a bad
00:14:35.649 --> 00:14:37.690
experience, got a group of their people, and
00:14:37.690 --> 00:14:40.929
now they're blasting it all over. Oh, that, I
00:14:40.929 --> 00:14:43.330
mean, again, those that's one of the downsides
00:14:43.330 --> 00:14:49.809
of social media. I think. Well, this is my personal
00:14:49.809 --> 00:14:53.490
opinion. When someone had if they genuinely had
00:14:53.490 --> 00:14:59.399
a bad experience. Apologize unreservedly. Don't
00:14:59.399 --> 00:15:03.679
wheel out the usual PR. This is not reflective
00:15:03.679 --> 00:15:06.139
of our values. This is not blah, blah, blah.
00:15:06.179 --> 00:15:09.240
Guess what? It happened. So if something happens,
00:15:09.799 --> 00:15:12.480
so the one thing you mustn't do is try to fight
00:15:12.480 --> 00:15:15.519
fire for fire because you're giving that review
00:15:15.519 --> 00:15:19.000
the oxygen of publicity. The best thing to do
00:15:19.000 --> 00:15:23.100
is apologize unreservedly and say, we're truly
00:15:23.100 --> 00:15:26.340
sorry. How can we make it up to you? We want
00:15:26.340 --> 00:15:29.000
to make this right. Please tell us what we must
00:15:29.000 --> 00:15:33.899
do to make it right. Now, sometimes I've seen
00:15:33.899 --> 00:15:37.100
some brands where the client has gone in and
00:15:37.100 --> 00:15:39.120
they told a completely different story. They've
00:15:39.120 --> 00:15:42.860
literally lied about the brand and then the brand
00:15:42.860 --> 00:15:46.029
apologizes, but then they come out and say. We
00:15:46.029 --> 00:15:50.289
have CCTV, or we have a recording, or we have
00:15:50.289 --> 00:15:54.590
XYZ. Even in that instance, you can do it discreetly.
00:15:55.149 --> 00:15:59.470
And then you can then get whoever, wherever the
00:15:59.470 --> 00:16:02.190
people that they posted the review onto, you
00:16:02.190 --> 00:16:04.870
can get them to scrub that review and take down
00:16:04.870 --> 00:16:08.500
that review if it's found not to be true. because
00:16:08.500 --> 00:16:11.360
I feel you do have to defend yourself because
00:16:11.360 --> 00:16:14.059
it's unfair that your name is being dragged through
00:16:14.059 --> 00:16:16.740
the mud unfairly. But if it's something you've
00:16:16.740 --> 00:16:20.559
done, hands up and say, we got it wrong. Don't
00:16:20.559 --> 00:16:23.799
even try to explain why you got it wrong. Just
00:16:23.799 --> 00:16:26.220
say, we got it wrong. How can we make it up to
00:16:26.220 --> 00:16:29.539
you? And how can we make sure it never happens
00:16:29.539 --> 00:16:32.539
again? We're human. Mistakes are going to happen.
00:16:32.750 --> 00:16:35.049
Maybe the salesperson was having an off day.
00:16:35.330 --> 00:16:37.950
Maybe you were having an off day. Who knows?
00:16:38.370 --> 00:16:42.309
But at the end of the day, you deserve as a luxury
00:16:42.309 --> 00:16:45.049
client to have an amazing experience because
00:16:45.049 --> 00:16:47.049
you're paying a lot of money. You're paying a
00:16:47.049 --> 00:16:50.389
shag load of money to get an item. So you deserve
00:16:50.389 --> 00:16:55.190
to be treated well. I love that. I see a pile
00:16:55.190 --> 00:17:00.940
behind you. What's that pile I see? This is my
00:17:00.940 --> 00:17:03.899
new baby. It's my new book. Hold it up. Hold
00:17:03.899 --> 00:17:05.559
it up. Let's see it. Let's see it. We're live,
00:17:05.819 --> 00:17:08.559
so we're - Okay. There it is. Okay. Wait. Okay.
00:17:08.680 --> 00:17:14.160
I like it. So it says, tell me, L -U -X Luxpreneur?
00:17:14.240 --> 00:17:16.619
What is that? Yeah. That's it. Luxpreneur. Yeah.
00:17:17.059 --> 00:17:19.000
Luxpreneur. Oh, I love it. So wait, have you
00:17:19.000 --> 00:17:20.819
patented your name or trademarked your name?
00:17:21.019 --> 00:17:24.240
No, I haven't. That's a very good question. I
00:17:24.240 --> 00:17:29.140
haven't because I did ask the the trade mark
00:17:29.140 --> 00:17:32.960
person and they said it was generic. It's a bit
00:17:32.960 --> 00:17:36.500
generic. So even if I trademark and I'm like,
00:17:36.599 --> 00:17:39.119
you know what though, but I might trademark it
00:17:39.119 --> 00:17:41.460
just for the heck of it. And I need to I need
00:17:41.460 --> 00:17:43.480
to choose the class that I want it registered
00:17:43.480 --> 00:17:46.880
in as well. But because but the one thing is
00:17:47.000 --> 00:17:49.599
in terms of copyright, because I'm the first
00:17:49.599 --> 00:17:52.599
person in the UK to use it, the copyright is
00:17:52.599 --> 00:17:56.799
automatically assigned in the UK. In the UK,
00:17:57.099 --> 00:18:00.700
yeah. So hold the book up again. Hold the book
00:18:00.700 --> 00:18:03.160
up again. I want to ask you a question. So I
00:18:03.160 --> 00:18:05.880
love, I love, is this part of like the luxury
00:18:05.880 --> 00:18:10.099
brand is not clutter, very simple, it looks like
00:18:10.099 --> 00:18:12.859
a gray background with a gold and white imprint.
00:18:13.289 --> 00:18:15.710
Okay, what does it say on the top like kind of
00:18:15.710 --> 00:18:17.990
where your feet? Oh, just my name just my name
00:18:17.990 --> 00:18:22.809
Yeah, just my name So at the bottom how to start
00:18:22.809 --> 00:18:28.029
and build a successful luxury brand So I mean
00:18:28.029 --> 00:18:32.029
I mean and in terms of the book design um, I
00:18:32.029 --> 00:18:35.529
was very particular because Because I published
00:18:35.529 --> 00:18:39.210
it myself What tends to happen is you go to someone
00:18:39.210 --> 00:18:41.730
to help you design the front cover blah blah
00:18:41.730 --> 00:18:47.279
blah blah but they might try to push their design
00:18:47.279 --> 00:18:52.240
on you and you have your own design. So this
00:18:52.240 --> 00:18:54.380
is a quick tip that I can give people. If you're
00:18:54.380 --> 00:18:58.559
looking to publish a book, go to Amazon, click
00:18:58.559 --> 00:19:02.059
on any book in the genre that you're thinking
00:19:02.059 --> 00:19:05.220
of. So if it's a marketing book, click on marketing
00:19:05.220 --> 00:19:07.700
and then look at all the different marketing
00:19:07.700 --> 00:19:11.230
books. And then go to the bottom and look at
00:19:11.230 --> 00:19:15.950
the little squares of books. And then find the
00:19:15.950 --> 00:19:19.809
book that stands out the most in terms of color,
00:19:20.230 --> 00:19:24.289
in terms of font, in terms of just the look and
00:19:24.289 --> 00:19:28.049
feel. And whatever you have in mind for your
00:19:28.049 --> 00:19:32.650
design, you need to put that against that book.
00:19:33.089 --> 00:19:36.329
Because the way Amazon promotes books is that
00:19:36.329 --> 00:19:39.359
when people start buying your book, they're going
00:19:39.359 --> 00:19:43.220
to promote it to a shed load of people but when
00:19:43.220 --> 00:19:46.359
people then click on another marketing book and
00:19:46.359 --> 00:19:49.400
they check the bottom your book needs to pop
00:19:49.400 --> 00:19:54.220
so people can buy so that was why I did and also
00:19:54.220 --> 00:19:59.339
being a woman who's written a business book apparently
00:19:59.339 --> 00:20:03.420
only 17 to 20 percent of business books are written
00:20:03.420 --> 00:20:09.019
by women yeah at least those on the bestseller
00:20:09.019 --> 00:20:13.880
list is even less from the stats somebody told
00:20:13.880 --> 00:20:17.380
me. So I just said to myself, I need the book
00:20:17.380 --> 00:20:20.240
to look, I didn't want it to look, I needed it
00:20:20.240 --> 00:20:24.500
to look sleek and slightly neutral, not, I didn't
00:20:24.500 --> 00:20:26.960
want. it to look feminine, and I didn't want
00:20:26.960 --> 00:20:29.400
it to look too masculine. I just needed something
00:20:29.400 --> 00:20:32.920
neutral. And black is neutral for everybody.
00:20:33.339 --> 00:20:35.420
Black and white is a classic. And I thought,
00:20:35.460 --> 00:20:38.240
I'll just go with that. Because left to me, it'll
00:20:38.240 --> 00:20:40.900
all be pinks and roses, because that's my natural.
00:20:42.119 --> 00:20:44.099
That's my natural bed. But I just thought to
00:20:44.099 --> 00:20:46.279
myself, this is a business book. I want them
00:20:46.279 --> 00:20:50.579
to take it seriously. So yeah, that's why I chose
00:20:50.579 --> 00:20:53.880
the design. I love that. And the book is matching
00:20:53.880 --> 00:20:56.240
what you're wearing. Is that on purpose? That's
00:20:56.240 --> 00:20:58.380
deliberate as well. Because I'm always, because
00:20:58.380 --> 00:21:01.039
I'm either wearing black or white. So I kind
00:21:01.039 --> 00:21:04.640
of thought. So that's a bit deliberate as well.
00:21:05.200 --> 00:21:07.599
OK. So now could you do us a favor? Could you
00:21:07.599 --> 00:21:10.680
open your book and just read it like the chapters
00:21:10.680 --> 00:21:12.240
so we have an idea of what's in the book? Would
00:21:12.240 --> 00:21:14.759
you mind? Yeah, not at all. I just read the book
00:21:14.759 --> 00:21:17.220
from the beginning. We have all day. OK, right.
00:21:19.209 --> 00:21:22.990
So from the beginning I've actually got all the
00:21:22.990 --> 00:21:27.170
end of on at the very front I've got all the
00:21:27.170 --> 00:21:29.809
Testimonials nice, so I'm not gonna bother reading
00:21:29.809 --> 00:21:38.670
that But I will read the chapters and The chapters
00:21:38.670 --> 00:21:41.990
are who is this book for because I tell you who
00:21:41.990 --> 00:21:44.890
the book is for and there are six types of people
00:21:44.890 --> 00:21:49.119
the book is for so those who those who have no
00:21:49.119 --> 00:21:52.859
idea of how to find clients, those who clients
00:21:52.859 --> 00:21:56.160
come, but they don't stay, and those who maybe
00:21:56.160 --> 00:21:58.660
the client has bought from them the one time,
00:21:58.880 --> 00:22:02.480
but they've never come back, and those who have
00:22:02.480 --> 00:22:05.940
sold to clients regularly, but the clients, they
00:22:05.940 --> 00:22:09.099
notice that there's a decrease, so those are
00:22:09.099 --> 00:22:12.640
who the book is for. So also, signs that you
00:22:12.640 --> 00:22:15.940
need this book, so I give you the signs. of in
00:22:15.940 --> 00:22:18.680
terms of what your business is going through,
00:22:19.119 --> 00:22:22.220
then how this book will help you. I state that
00:22:22.220 --> 00:22:25.640
as well. And then about the chapters. And then
00:22:25.640 --> 00:22:28.319
there's a foreword by somebody I truly respect
00:22:28.319 --> 00:22:31.500
who knows all about luxury. And then I talk about
00:22:31.500 --> 00:22:35.119
my road to luxpreneurship, how I started as a
00:22:35.119 --> 00:22:38.700
scientist, then became a headhunter, then became
00:22:38.700 --> 00:22:42.519
a cake maker. And from cake maker, selling to
00:22:42.519 --> 00:22:45.619
royalty, all the royal families around the world
00:22:45.619 --> 00:22:48.680
being flown out, how I then ended up knowing
00:22:48.680 --> 00:22:52.680
so much about luxury and luxury clients. Then
00:22:52.680 --> 00:22:56.319
I talk about understanding luxury. I talk about
00:22:56.319 --> 00:22:59.519
knowing your luxury brand founder archetype.
00:22:59.660 --> 00:23:04.420
Because, for example, my archetype, I'm artisan
00:23:04.420 --> 00:23:08.859
and visionary. The good side of art artisan means
00:23:08.859 --> 00:23:11.880
that I pay attention to craftsmanship But the
00:23:11.880 --> 00:23:14.759
bad side is that that's all I think about I don't
00:23:14.759 --> 00:23:17.519
think about margins. I don't think about costs
00:23:17.519 --> 00:23:20.119
I don't think about how much to sell my stuff
00:23:20.119 --> 00:23:23.119
for so it means I I don't keep an eye on the
00:23:23.119 --> 00:23:26.220
money The visionary it means I'm always thinking
00:23:26.220 --> 00:23:28.480
of the future always thinking of what could be
00:23:28.480 --> 00:23:33.259
but I need to be grounded in the present so I
00:23:33.259 --> 00:23:36.519
talk about luxury brand founder archetype. I
00:23:36.519 --> 00:23:39.619
talk about knowing your luxury business brand
00:23:39.619 --> 00:23:42.440
category, because there are different types of
00:23:42.440 --> 00:23:45.819
luxury. So you need to know which type is yours.
00:23:46.299 --> 00:23:48.759
For many of us who are small business owners,
00:23:49.119 --> 00:23:52.019
we tend to fall into the what I call boutique.
00:23:52.220 --> 00:23:54.599
So if you call yourself a boutique or an atelier
00:23:54.599 --> 00:23:58.240
or whatever, you're covered. Because everyone
00:23:58.240 --> 00:24:01.230
knows a boutique is small. It's a one off. We're
00:24:01.230 --> 00:24:03.309
not a big luxury brand like the Gucci's, like
00:24:03.309 --> 00:24:06.609
the Fendi's. We are small. We're boutique. So
00:24:06.609 --> 00:24:09.509
that's in the book as well. There are five different
00:24:09.509 --> 00:24:11.869
types of luxury brands. I say it in the book.
00:24:12.210 --> 00:24:16.049
And then I talk about the five pillars of a luxury
00:24:16.049 --> 00:24:19.529
business. So if you imagine a table with four
00:24:19.529 --> 00:24:22.569
legs and there's a central pole. in the middle,
00:24:22.930 --> 00:24:26.630
I talk about your business model, I talk about
00:24:26.630 --> 00:24:29.589
the perception, because a lot of what we think
00:24:29.589 --> 00:24:32.930
of as luxury is down to perception. And then
00:24:32.930 --> 00:24:35.789
I talk about storytelling, because the way you
00:24:35.789 --> 00:24:38.730
tell your story. So when I talk about somebody
00:24:38.730 --> 00:24:41.849
like Louis Vuitton, everyone knows Louis Vuitton,
00:24:42.009 --> 00:24:44.430
everybody wants a Louis Vuitton bag. But what
00:24:44.430 --> 00:24:47.329
people don't know about Louis Vuitton, And you,
00:24:47.890 --> 00:24:49.950
what many people don't know about Louis Vuitton
00:24:49.950 --> 00:24:54.670
is that when he was 13, he walked barefoot from
00:24:54.670 --> 00:24:58.730
his village in France and he walked 300 miles
00:24:58.730 --> 00:25:02.750
to Paris. Nobody knows that about him. And when
00:25:02.750 --> 00:25:06.329
he arrived in Paris, he started working for a
00:25:06.329 --> 00:25:10.410
box maker. And in those days, box makers were
00:25:10.410 --> 00:25:14.309
very important for when you're traveling. and
00:25:14.309 --> 00:25:17.769
one of the clients he worked for was Napoleon's
00:25:17.769 --> 00:25:24.190
wife, Josephine. So, you know, again, he went
00:25:24.190 --> 00:25:28.470
from orphan, not orphan, he left no orphan, barefoot,
00:25:28.890 --> 00:25:32.049
apprentice. And then when he started making boxes,
00:25:32.470 --> 00:25:35.029
he made an observation, he noticed one thing.
00:25:35.509 --> 00:25:38.430
And what was the observation? That all the boxes
00:25:38.430 --> 00:25:41.880
had rounded tops. Right? So you couldn't stack
00:25:41.880 --> 00:25:44.579
them on top of each other. So he said, how about
00:25:44.579 --> 00:25:47.859
we make travel trunks that are flat on the top
00:25:47.859 --> 00:25:51.099
so we can stack them and it's easier for journeys.
00:25:51.099 --> 00:25:54.579
And that's how the Louis Vuitton classic trunk
00:25:54.579 --> 00:25:59.400
came about. That's an awesome story. I got you.
00:25:59.660 --> 00:26:03.900
Right? Right? Because many people actually think
00:26:03.900 --> 00:26:06.440
that when you look at these luxury brands, they
00:26:06.440 --> 00:26:09.079
started from money. No. Let me give you another
00:26:09.079 --> 00:26:12.980
one. Gucci, Gucci, Gucci that we know. It was
00:26:12.980 --> 00:26:16.339
founded by Gucci, Gucci. And he left home when
00:26:16.339 --> 00:26:19.779
he was 17. He left Italy, came all the way to
00:26:19.779 --> 00:26:23.420
London to work at the Savoy Hotel as a porter.
00:26:24.119 --> 00:26:26.779
And it was while he was handling luggage that
00:26:26.779 --> 00:26:31.470
he realized that hang on. The luggage looks amazing,
00:26:31.609 --> 00:26:34.009
you know, the quality, exquisite, et cetera.
00:26:34.450 --> 00:26:37.369
Now, he came from a family of leather makers,
00:26:37.509 --> 00:26:40.190
so they handle leather. That's what they did,
00:26:40.390 --> 00:26:43.329
but they didn't do anything fancy. So after he
00:26:43.329 --> 00:26:46.809
left the Savoy, after about seven years or thereabouts,
00:26:47.150 --> 00:26:50.930
he went back home, he worked for a very upmarket
00:26:50.930 --> 00:26:54.130
luxury leather goods company, and then he founded
00:26:54.130 --> 00:26:57.779
Gucci. And we have the Gucci we have today. So
00:26:57.779 --> 00:27:01.299
again, a lot of these luxury stories start with
00:27:01.299 --> 00:27:04.339
people who had no money, people who had no shoes.
00:27:04.660 --> 00:27:07.839
So I'm trying to say to people, you can do the
00:27:07.839 --> 00:27:11.400
same. You can set up your own brand. It's a lot
00:27:11.400 --> 00:27:13.660
of work. It's not easy, but once you have these
00:27:13.660 --> 00:27:17.019
five elements in place, which are the five pillars,
00:27:17.420 --> 00:27:20.259
you're fine. And then the last chapter, because
00:27:20.259 --> 00:27:22.980
it only has five chapters. The last chapter,
00:27:23.180 --> 00:27:27.819
I talk about luxury buyers. And this is where
00:27:27.819 --> 00:27:30.720
the fun begins. A lot of people love this chapter.
00:27:31.240 --> 00:27:34.839
And I'll use an example. So if you think of two
00:27:34.839 --> 00:27:40.680
people, King Charles and Ozzy Osbourne. Right?
00:27:42.019 --> 00:27:45.559
Many people laugh when I say that. Now, both
00:27:45.559 --> 00:27:49.539
of them, white male, they were both born in 1948.
00:27:50.120 --> 00:27:52.619
They've both been married and divorced twice.
00:27:53.220 --> 00:27:57.059
They're both wealthy and they both live in castles.
00:27:57.759 --> 00:28:00.160
According to demographics, you will sell to them
00:28:00.160 --> 00:28:04.819
the same. But according to the luxury psychographics
00:28:04.819 --> 00:28:08.279
that I look at, you do not sell to them the same.
00:28:08.500 --> 00:28:11.279
And I tell you how to sell to them. I tell you
00:28:11.279 --> 00:28:14.000
how to find people like that. I tell you what
00:28:14.000 --> 00:28:16.460
they're like, what their habits are like. So
00:28:16.460 --> 00:28:21.029
there's a lot I do. in the book, I give so much
00:28:21.029 --> 00:28:24.170
in the book and I use celebrity examples to help
00:28:24.170 --> 00:28:28.349
you understand the mindset. So if you're after
00:28:28.349 --> 00:28:30.829
a particular type, say the King Charles type.
00:28:31.289 --> 00:28:33.210
So if I wanted to reach out to somebody like
00:28:33.210 --> 00:28:36.549
King Charles, for example, I know I can't do
00:28:36.549 --> 00:28:38.910
it directly. So I'll have to go through somebody.
00:28:39.450 --> 00:28:43.950
So his type of luxury client is usually by referral.
00:28:44.250 --> 00:28:47.630
It has to be by referral. But Ozzy Osbourne,
00:28:47.750 --> 00:28:50.589
I know if I do something outlandish and I reach
00:28:50.589 --> 00:28:53.089
out to his people, I will get the attention.
00:28:53.450 --> 00:28:56.529
So I give so many examples in the book. So yeah,
00:28:56.609 --> 00:28:59.289
that's it really. And then you've got your final
00:28:59.289 --> 00:29:02.869
reflections, acknowledgements, biography and
00:29:02.869 --> 00:29:07.509
the index. And that's my book. I love it. I thank
00:29:07.509 --> 00:29:08.950
you so much for going through the chapters. I
00:29:08.950 --> 00:29:10.849
had a feeling I needed to kind of get a, you
00:29:10.849 --> 00:29:13.089
know, hear that and understand. Okay, can I tell
00:29:13.089 --> 00:29:15.640
you my Ozzy Osbourne story? Yeah. Oh my God.
00:29:15.779 --> 00:29:20.279
No way. No way. Ozborn. So my parents had art
00:29:20.279 --> 00:29:23.140
galleries, Barker Animation Art Gallery in Hollendale,
00:29:23.140 --> 00:29:25.339
Florida. They had the Barker Animation Art Gallery.
00:29:25.640 --> 00:29:28.339
And my dad, Craig Wolf, is a friend of my father's
00:29:28.339 --> 00:29:31.160
and he creates these ducks. Celebro ducks are
00:29:31.160 --> 00:29:35.140
called C -E -L -E -B -R -I -D -U -C -K -S. And
00:29:35.140 --> 00:29:37.460
actually we have a museum and we're the Celebro
00:29:37.460 --> 00:29:39.940
Duck Museum. My parents left the toy museum for
00:29:39.940 --> 00:29:45.220
all of us. But so the Ozborn duck We had a copy
00:29:45.220 --> 00:29:47.019
of it. So he came into the gallery just kind
00:29:47.019 --> 00:29:49.539
of like, oh, wow, what is this? Because all the
00:29:49.539 --> 00:29:52.720
animation artwork is so cool. He saw our Ozzy
00:29:52.720 --> 00:29:55.740
Osbourne duck. And of course, we gave him one.
00:29:56.059 --> 00:29:57.720
And he took some pictures with it. He was so
00:29:57.720 --> 00:29:59.880
like, oh, my god, I'm a duck. And I'm like, how
00:29:59.880 --> 00:30:02.160
did you not know you were a duck? So that is
00:30:02.160 --> 00:30:06.819
my ducked up story about Ozzy Osbourne. And that
00:30:06.819 --> 00:30:08.960
goes to exactly what I said, that something new,
00:30:08.960 --> 00:30:11.380
different, and cool will attract somebody like
00:30:11.380 --> 00:30:16.059
that. And the funny thing is, both King Charles
00:30:16.059 --> 00:30:20.640
and Ozzy, they're actually friends. And their
00:30:20.640 --> 00:30:24.799
types attract each other, because the King Charles
00:30:24.799 --> 00:30:27.420
type, he's looking for a bit of adventure, but
00:30:27.420 --> 00:30:31.200
he lives vicariously through someone. And Ozzy...
00:30:31.309 --> 00:30:34.210
um will be fascinated by somebody like King Charles
00:30:34.210 --> 00:30:37.430
because it's like different royalty is different
00:30:37.430 --> 00:30:40.049
to the rock and roll lifestyle is a bit of you
00:30:40.049 --> 00:30:44.190
know normality per se so yeah I'm not surprised
00:30:44.190 --> 00:30:48.289
at all. I love I love talking to you so thank
00:30:48.289 --> 00:30:50.049
you so much you've really been an amazing guest
00:30:50.049 --> 00:30:52.789
so just to be clear with everyone uh so I did
00:30:52.789 --> 00:30:55.529
not know who Elizabeth Saluro was it looks like
00:30:55.710 --> 00:30:57.750
I didn't know how beautiful she would be when
00:30:57.750 --> 00:31:00.230
she got it. I was like, whoa, okay. What a beautiful
00:31:00.230 --> 00:31:02.369
woman here. Didn't know about your Luxpreneur.
00:31:02.650 --> 00:31:05.650
I love it. We're streaming live on both my Adrienne
00:31:05.650 --> 00:31:07.910
Barker Speaks and my regular profile Facebook
00:31:07.910 --> 00:31:11.250
page and my LinkedIn, which not that I'm really
00:31:11.250 --> 00:31:13.650
popular, but it's about 20 ,000 people. And then
00:31:13.650 --> 00:31:17.029
we are actually live on Chatter streaming. So
00:31:17.029 --> 00:31:20.269
I'm going to send you the website. Oh, you can
00:31:20.269 --> 00:31:23.839
look at them, chattersocial .io. Take a look
00:31:23.839 --> 00:31:25.819
at it if you want an invite. I'm happy to give
00:31:25.819 --> 00:31:28.799
you one Nobody really is talking about what you're
00:31:28.799 --> 00:31:31.099
doing So it's a great platform and you could
00:31:31.099 --> 00:31:33.759
teach share do podcast whatever you'd like to
00:31:33.759 --> 00:31:36.720
do on there. It's a fantastic program So you're
00:31:36.720 --> 00:31:39.500
welcome and I'm so is I like thank you so much.
00:31:39.500 --> 00:31:43.069
So you you connected with me a matchmaker Yes,
00:31:43.069 --> 00:31:46.230
I did, yeah. Beautiful. Yeah, I'm sorry it took
00:31:46.230 --> 00:31:49.210
so long to get back to you, but I'm so glad you
00:31:49.210 --> 00:31:51.349
said yes. You said yes because you're brave,
00:31:51.470 --> 00:31:53.430
bold, and beautiful, because not everyone is
00:31:53.430 --> 00:31:56.250
comfortable knowing, hey, what does she know
00:31:56.250 --> 00:31:58.869
about me? Absolutely nothing. But now I know
00:31:58.869 --> 00:32:01.410
a lot, and I love what you do. So your book is
00:32:01.410 --> 00:32:04.470
available on Amazon. On Amazon, yes. OK, I'll
00:32:04.470 --> 00:32:06.269
put the link out. I'll get that link for everyone.
00:32:06.630 --> 00:32:10.210
And then you have a website. Is your name? Yes,
00:32:10.470 --> 00:32:13.799
ElizabethSolaru .com. And then do you have anything
00:32:13.799 --> 00:32:15.740
else? Do you have some socials you wanna mention?
00:32:15.940 --> 00:32:18.220
Do you have a podcast? You can find me on LinkedIn.
00:32:18.420 --> 00:32:21.299
LinkedIn is my favorite place right now because
00:32:21.299 --> 00:32:25.480
again, every day I talk about what's some luxury
00:32:25.480 --> 00:32:29.740
brand or another. There's a lot of opinions,
00:32:29.740 --> 00:32:33.539
et cetera. I try to share what I know. So yeah,
00:32:33.839 --> 00:32:36.839
LinkedIn is my favorite right now. So go on to
00:32:36.839 --> 00:32:39.559
LinkedIn, ring Elizabeth Spell so you get all
00:32:39.559 --> 00:32:41.299
of our topics. I'm gonna do that right away so
00:32:41.299 --> 00:32:43.400
I get more topics. I love that. I'll support
00:32:43.400 --> 00:32:46.400
your posts and share them. We all need to support
00:32:46.400 --> 00:32:50.759
each other. I am so glad and grateful that I
00:32:50.759 --> 00:32:53.259
said yes. No, I'm kidding you. I'm so glad and
00:32:53.259 --> 00:32:56.140
grateful that you asked, but I am glad I said
00:32:56.140 --> 00:33:00.619
yes. Opportunity, when it comes, you have to
00:33:00.619 --> 00:33:02.920
just have an open door and open mind. Absolutely.
00:33:03.440 --> 00:33:06.180
I've been doing this podcast for, I started 2
00:33:06.180 --> 00:33:10.420
,000 candid conversations and then, yeah, so
00:33:10.420 --> 00:33:13.400
I have, I think I have about over 200 interviews
00:33:13.400 --> 00:33:16.359
and then I changed it to no prep needed. I think
00:33:16.359 --> 00:33:18.259
one day I was looking at having a colonoscopy
00:33:18.259 --> 00:33:20.480
and I'm like, oh, wait, there's prep. But what
00:33:20.480 --> 00:33:22.920
I do is no prep. Getting a colonoscopy, you have
00:33:22.920 --> 00:33:25.779
to prep for it. I don't make life hard for anyone,
00:33:26.160 --> 00:33:28.319
filling out applications and driving people crazy.
00:33:28.680 --> 00:33:31.119
But so thank you so much, Elizabeth. This will
00:33:31.119 --> 00:33:33.619
be turned into a podcast. and I'll be answering
00:33:33.619 --> 00:33:36.019
to find all the platforms. I'm so glad. I'm going
00:33:36.019 --> 00:33:38.319
to connect with you. We'll stay friends. Thank
00:33:38.319 --> 00:33:40.480
you so much. And I'll get you the chatter invite.
00:33:40.960 --> 00:33:42.839
Great. Thank you so much, Adrienne. It's been
00:33:42.839 --> 00:33:46.420
amazing. Thank you. You are amazing. Thank you
00:33:46.420 --> 00:33:47.299
so much. You're beautiful.

