Business Journeys

English: This photo depicts Donald Trump's sta...

The challenge of developing a successful business begins in the moment that you decide you want to leave the security of traditional employment and branch out on your own.  It’s wonderful if you have a complete vision, but I find with many of the people I coach that while the talents and possibilities for a business exist, the clear vision for the business does not–and that’s okay.  Be prepared for your vision to evolve as you move through your experience.

Problems can occur when the budding entrepreneur anticipates quick success (this can happen with the seasoned entrepreneur as well).   Also note I said quick, not quick and easy.  There isn’t a guarantee of success when you gather your tools, build a website and hang up your shingle, so it’s especially helpful if you pick something that you love.  It’s also unlikely that your experience will be easy.  And if you can’t love the thing itself that you’re launching it is probably best that you at least love those whom you will be serving.  Need I say that if you’re in it for the money alone, and it is a people oriented business, you will be setting yourself up for a bumpy ride.

All that having been said, there are examples of hard-nosed business men like Donald Trump who would hardly be thought of as a warm and fuzzy entrepreneurs–and they seem to just go from one success to the next.  In my case, I work with people who are healers, coaches, intuitives and the like, so there is a desire to be of service and to make a positive difference in the lives of others–no hard nosed business folks among them (thank goodness).  If you don’t love the niche you’re working in, or are burned out from a previous career–you might want to look at real estate investment or working with the stock market–something where nerves of steel, not warm and fuzzy traits are needed.  The one proviso for the hard-nosed entrepreneurial journey is that often these businesses require money or partners with money, but what if that isn’t the case for you?  If you’re not financial flush, and entrepreneurs often aren’t, are you prepared to start simply and aim for a journey to success, not overnight success?

In the event that you are anticipating parachuting out of a difficult job or career into a new business project, here are some things for you to think over as you launch your new career:

  • What do you really want to get out of this deal?  How do you feel about the people you will work with or serve and the work you will do?
  • How soon do you need the business to take off?  Do you have a spouse, a day job or some other means of support until your business can support you?
  • How do you really feel about the idea of success being a journey?  Can you think kindly of yourself and your experience once you’re underway?

Knowing your desired outcome in terms of financial compensation, desired lifestyle (work from home, flexible schedule, ability to travel, etc.) should be understood up front so you’re building a business model that fits your dream.  And answering the above questions may give you pause with regard to your entrepreneurial journey–is this really the right thing for you or do you need to look at a more conventional way to earn your living?

There are some lucky ducks who are overnight successes, but even those, upon close examination, often had past experience of some sort–there’s either a parent, partner or friend they could lean on to help them achieve their success.  If you’re going it alone, you have to be both honest with yourself about the upcoming journey and your willingness to embrace it fully with eyes wide open.  Harboring a belief that you and your business will be an overnight sensation will prevent you from playing your best game, meaning that you understand and accept that failures are a part of the learning experience of a burgeoning entrepreneur.

Your greatest strength, lessons and character traits are born out of your journeys; embrace your business journey fully and success will become the icing on your entrepreneurial cake.

Rich Blessings!

Dee

Women in Business And Money

Theresa Reed

Theresa Reed

How do you feel when it’s time to ask a potential client to buy your product or service?  Do you feel comfortable discussing costs or does it make you squirm?  Are the rates you’re charging enough to support you or are you struggling to make ends meet?  The mindset of an entrepreneur and the mindset of an employee are so different that the one thing that may most undermine your potential success as an entrepreneur is how you feel about money.  What you charge and asking for the purchase from the client can be major hurdles to success, but they don’t have to be.  You want to stand comfortably in a money conversation, but if you can’t do it now, perhaps it’s time to beard this particular lion in its den.  Let’s get comfortable with asking for the money we deserve as entrepreneurs.

To help you with any money phobias you may have picked up along the way, I sat down and had a chat with one of my favorite business women, Theresa Reed, aka The Tarot Lady and we have some timely tips for you as we head toward the culmination of tax season 2012; check out our interview here:  MoneyandEntrepreneurs

Also, there are many habits that can support you as you’re moving through the process of building a successful business, including:

  • Reading inspirational books that help you think like a successful business owner.  Books by Tony Robbins, Jack Canfield, or Robert Kiyosaki can help you retrain your brain so that your thinking better supports you.
  • Subscribing to emails from coaches who have acquired the success you hope for can move you along faster in developing the skills that will help you to achieve success.
  • Acquire understanding of how money works, aka being financially literate; Robert Kiyosaki’s books are great at helping you understand the difference between thinking like an employee versus thinking like a successful business owner.   I highly recommend his Rich Dad Poor Dad and Cashflow Quadrant books if you’ve not read them.
  • Find a great accountant to handle your taxes and become tax savvy so that you’re not quaking in your boots at this time of year, every year.  Ask for recommendations from your friends and be sure to find one who fits your tax style–are you conservative with regard to taxes or edgy?   If you’re conservative you won’t feel comfortable with a risk taker, so keep that in mind.
  • You can find more great business tips on the Resources page of this site.

Developing a successful business is the most intense personal development course you will ever encounter.  Your journey will repeatedly show you where your doubts and fears live, but it is so worth it to evolve as a business person and as an individual.  Take steps daily that inspire you and give you courage and move with determination toward earning what you deserve.

Rich Blessings!

Dee

Copyright 2013.  All rights reserved.

Business Sharks, Saints And Success

plans

Greetings Friends!

I tend to think there are two kinds of people in the world, people who stay within the lines (after all, the lines are our friends) and those who seek freedom.  The latter group plays host to, among other occupations, those who suit up for self owned businesses.  Being an entrepreneur can be a huge challenge to our ego though since it’s an unpredictable journey and most of us experience discomfort when we can’t pin down when or even if we will be successful in our efforts.

Let’s just say right off the bat that you should probably fasten your seat belt since success rarely happens overnight.  There is a steep learning curve to building a successful business, especially since there are so many voices in the market place now offering to assist you in taking your businesses to six or seven figures.  Let’s be honest–many of us would be happen to make any money at all, let alone six figures.  It can take years to achieve that often touted, but extremely elusive six figure success range.  So hopefully you have committed to be in it to win it rather than quitting if you don’t achieve easy (read fast) success.

I’ve noted that among the business owners I personally know or coach, some don’t seem to even realize they are in business and look for someone who has a store front or some other arrangement to carry the burden of marketing expertise.  The challenge here is that you’re indebted to someone else (who has their own interests at the forefront of all they do) and you don’t get to call your own shots.  It’s fine to start with, but I really hope to see more business owners–especially women, take  control of the reins in their businesses.  The employment world or the half-entrepreneur, half employee (i.e. contract worker) world caps your earnings, limits your freedom and creates an unhealthy dependence over time.  Educate yourself, learn to market your skills and make steps toward becoming an independent business owner, because in the long run your security is your responsibility.

Another group within the entrepreneurial world I like to call the saints; they love people and want to help others live better lives–a very noble calling.  Many of these entrepreneurs struggle to make ends meet, are afraid to ask for a decent price for their products and services and often don’t get it that it’s alright to earn well and to charge what they are worth.  The glitch in their money mindset keeps them forever behind the eight ball financially and sometimes forces the kind hearted entrepreneur out of business since they don’t earn enough to support themselves.  Both the saints and those who are half employee, half business owners are missing an important point.  You may never own a company like Apple, but your business is probably the most powerful asset you own.  If you invest in it wisely, it has the potential to earn many times what you could ever hope to earn playing small or refusing to step up to the plate and own your business properly.

You don’t have to become a business shark, out to take advantage of others when you don the hat of an entrepreneur.  You do have to recognize that ultimately owning a business will bring you face to face with your deepest doubts, fears and insecurities–the very things that hold you back.  Do the things you fear; learn to speak in public; find out how to build a website; take baby steps toward independence and do so with a practical mindset.  Monetize your skills and watch yourself grow bit by bit into a powerful, empowered entrepreneur.  Now that’s what I call success!

Need some help getting from where you are to where you want to be?  Check out the Resources page here on this site for tools and books to inspire you to greater success.  Also, don’t forget to sign up for my free business tips to inspire and support you in building your business success and if you’d like to find out more about your options for coaching with me, sign up here.

Wishing you great success in your journey to becoming an empowered entrepreneur!

Rich Blessings!

Dee

Copyright 2013.  All rights reserved.

Business Success & Rewards

Mark-Jasa-Pastor

Greetings Friends!

Tony Robbins tells a story about a Pastor of a church who gives a brilliant sermon one Sunday.  The deacons are well pleased and congratulate the Pastor afterward on the effectiveness of his sermon; he smiles and just nods in agreement.  The following Sunday the Pastor gives the exact same sermon causing the Deacons to look at one another in mild alarm, but they decide not to mention it since the congregation doesn’t seem to notice.  The Pastor then proceeds to repeat the very same sermon the following Sunday and the next at which point the deacons take him aside after the service and say to him, “Why are you giving the same sermon every week?!”

The Minister replies, “You noticed!  Well, I’m going to keep giving the sermon until you actually begin applying what I’m preaching!”

Yes, the dirty work of actually getting our work done can be a rather thankless task.  We read articles online, hire a coach, buy books–but how much of what you learn is actually applied?  Why do we procrastinate when it’s time to create programs that will solve the needs of our clients (and our wallets) or even take the time to tighten up our websites when we know that’s the thing that most needs to be done?

I will admit it can be a lot more fun to read the latest book on being a successful entrepreneur than to do the actual nitty, gritty work.  So, if you feel a few pangs of conscious upon reading this, don’t feel bad–do, however, take some steps to insure you aren’t just spinning your entrepreneurial wheels in 2013.

Some tips to help you tighten up your act include:

  • Make quarterly plans for your business.  What projects do you want to promote next quarter?  Now’s the time to start looking at your future business needs.  Pick your launch dates and work backwards so that you’re no longer waiting to the last minute to find clients to fill your practice or your programs.
  • Look at where you habitually fail to take action; do you hate the tech stuff?   Are you confused about what to do next to get a better result?  If you have certain tasks that intimidate you, take steps to either hire them out or get better information for the task so you can do a great job.
  • Get an accountability partner–ideally a coach that can take an unbiased view of your efforts and offer time saving tips to move your business along.
  • Get your inner child onboard; the whiny little voice that says it would rather play video games is letting you know that you need some rewards for all your hard work.  Plan a long weekend once a quarter or plan on buying that special item you’ve been wanting–after you get the website up (or you put the finishing touches on that long overdue white paper).  All work and no play makes your inner child a saboteur of your best efforts over time.

It may seem a fact of life that being an adult, in particular being a busy adult with an entrepreneurial bent, is a lot of work.  It can also be rewarding for you and inspiring for others when you take effective action and achieve your dreams.  If you pick the right business, with the right focus, you will be pulled along by the vision–these were Steve Jobs’ words of wisdom; may they serve you well.

For more hot tips and to receive the LAGirl13 Business newsletter, sign up here and until next time…

Rich Blessings!

Dee

Copyright 2013.  All rights reserved.

Business Failure; How to Cope

Both in my own business life and in my work as a business coach I find the biggest challenge we bump up against is coping with fear.  How do you get yourself to open that conversation with a stranger (who … Continue reading

Life Hacking Super Ninja of Marketing

Speed Bump

Greetings Friends!

The Life Hacking Super Ninja of Marketing strikes again–surprise, I’ve made some changes!  I mentioned to you, my dear readers that I would be making a few changes–and as you can see, they have begun!  You might be wondering why I’m making changes now…well, the last quarter of the year is upon us and for many of us that means we have about 10 weeks to crank out success in whatever occupational or entrepreneurial projects now require completion.  I actually like to begin looking at the year ahead to help me determine which projects should be drop kicked over the goal post of life and which ones I truly want to work on as the year comes to a close.  I am intending to make changes in the way that I handle this blog too–in other words, bring you meatier material with fewer posts.  Fewer calories, but still quite filling, so to speak.

I’d like to thank the readers who have shared with me some of their challenges and thoughts about being in business for themselves.  What I’m hearing is that for many of you marketing is truly a bear to master–can’t argue with you there!  So, I will be interviewing entrepreneurs who have been in the trenches a bit longer and who have some juicy tips to share that will help you get your businesses moving a bit more quickly toward success.  Starting 22 October 2012 there will only be one blog post per week augmented by bi-monthly business newsletters with great tools and content to help you unravel the mysteries of business success, so be sure you sign up!  Hopefully you’ll find you need to run to fewer sources for information and that will give you more time to actually live–what a concept!  Ideally your business should give you the lifestyle you desire and not leave you feeling overwhelmed, underpaid or burnt out.

One of the tips I mentioned in this month’s Entrepreneur of the Month post included checking out the really savvy business tips from the book The Pumpkin Plan–which I highly recommend if you’ve taken on too much and have no idea where to trim back.  This book also has great ideas for you if you’re just starting out.  Perseverance is always in fashion for the entrepreneur, but that doesn’t mean you can’t start out with clear objectives to get you to your goals faster–so check out Mike’s book.

Secondly, I would like to encourage you to use the Resources page on this site for tools and tips to assist you over the speed bumps of business life.  In particular, I had a reader ask about how one makes mp3 recordings; you’ll find an affiliate link on the Resources page that includes a link to Audio Acrobat a service I use for producing my mp3s.  They also have tutorials to help you make use of their tools–everything from recording with your webcam to recording audio interviews, uploading and then converting them to an mp3 format.  I use the services of Totally Free Conference Calls to record my interviews, by the way and then I use Audio Acrobat to create my links to share them in mp3 form.  Lately I’ve also started using Sound Studio to tweak my recordings as needed.

I think Fall is a great time for looking at how far you’ve come during the year, but it’s also important to keep an eye out on where you want to travel in the year to come.  If there are any tools, tips or challenges you’d like help with just leave a comment below and I will include information on your topic as soon as I can.

Rich Blessings!

Dee

Copyright 2012.  All rights reserved

Entrepreneur of the Month October 2012

Pip Miller

 

PipMiller

Greetings Friends!

It’s already time for a new Entrepreneur of the Month!  Meet Pip Miller, an energy healer who hails from the southwest United States.  Intuitive insights led her to this career field and you can listen in on what Pip’s entrepreneurial journey has been like by clicking the link above.  If you’d like to learn more about Pip or her services, visit her at her site here.

This month’s recommended read is called The Pumpkin Plan: A Simple Strategy to Grow A Remarkable Business in Any Field, by Mike Michalowicz.  Mr. Michalowicz is wildy irreverant–so if irreverent humor offends you, this isn’t the book for you.  I found it to be jam packed with great strategies, a quick and fun read–and I highly recommend it and its strategies to you.  This is a book that would be great for new entrepreneurs or those who have been in business for awhile, but are stuck and need insights to get their businesses moving, rapidly, toward success.

Don’t forget to check out the resources page on this site for products I recommend for the up and coming entrepreneur–and for this month in particularly, the tools from Think Right Now.  Mindset is a major part of your tool kit for success and if you shy away from stating your prices or fear public speaking you may well find the tools Mike Brescia has put together very powerful.  Think like a leader–the easiest way to do that is hear what successful people say to themselves and Mike has taken the hard work out of that equation for you–all you have to do is listen.  You can check it out here (affiliate link).

Welcome to the beginning of October, we’re off to a great start.  Here’s to your success!

Dee

Pip Miller

The Worthy Entrepreneur

English: Jagriti Chadha, Indian Designer, Entr...

English: Jagriti Chadha, Indian Designer, Entrepreneur and Business Woman (Photo credit: Wikipedia)

 

 

 

 

 

 

Greetings Friends!

 

My ex-husband used to say if all else fails, follow directions.  For all I know, he is still saying that–and while it feels a little odd to begin a post with one of my ex’s quotes, he had a point.  Giving the devil his due, muhahahaha; he is one of the funniest people I know and the quote pertains to going back to square one and looking at the directions when something you’re working on…um, doesn’t work.  Like, you know, your business.

 

Most of the women I know who are in business are super women.  They have hearts the size of Texas.  They go out, earn the bacon, cook the bacon, care for the house, the kids, the bills, the husband (oh wait, that part of the program broke–scratch the husband).  And yet, their businesses are meandering.  Women are a different breed.  You cannot give us instructions that read ‘use your personal power’ and get a rise out of most of us.  We’re not wired that way.

 

So, some of the things we’re asked to do–like prospect for new clients–well, we’d rather take a header off a 20 story building first.  It just plain feels yucky.  You want me to do public speaking too?  Forget about it (said in my best New York accent).  And pay somebody to teach me how to operate a successful business?  I’d love to, but you see, I’m broke as heck.

 

I feel your pain.

 

There is another saying, that if you keep doing the same thing and expect a different outcome, you’re nuts.  If the tire is flat, you’re just going to have to change it.

 

Here are some ideas:

 

Get some coaching.  Be prepared for a never ending journey of learning.  Free will only take you so far.

 

Get your PR kit together (photo, bio, etc.) and network like crazy to get some energy moving in your business.

 

Realize you have some money issues.  If you’ve got debt, accept that you have it (or any other issues) and forgive yourself.  You’re learning and growing; the money you earn can help you eliminate that debt you owe.

 

And brace yourself for this last one–it’s connected to the last one; raise your rates.  Yep, raise your rates.  We women have a hard time asking for what we need, whether from the man in our life to our clients–or to our bosses (if you still have one).  Work on getting comfortable with the idea that your services are worthy and that you are worthy.  And accept that this challenge is going to be a journey.  You were taught by a society that doesn’t value you not to value yourself.  It will take time to grow this concept within you so that it’s strong and healthy.  Oh, and guys–some of this applies to you too!

 

So, take a look at your business.  What’s broken, what doesn’t feel good?  Work on it today–and when all else fails, follow directions.  And don’t forget to sign up for my bi-weekly business tips.  More fuel for your business tank!

 

Rich Blessings!

 

Dee