A high percentage of people who opt to run their own business find themselves working longer hours for less money than the job they worked so hard to escape from. That’s not all bad news, though, because they at least have the freedom that they craved. They don’t have to answer to anyone.
What if it could be different?
If you started a business of your own, and within a year it was making twice the salary of your current job, you would be pretty happy, right? But what if, in addition to that, you were only working half the hours of your current job? So, now you’re working half the hours for twice the pay. Nobody is telling you what to do. Plus, there’s no commute. How would that feel to you? Pretty good, right? How would that go down in your social circle? Do you think your friends would be a little envious?
You would have time to take your kids to school, learn new skills, get in shape, make new plans, and the money to fund them. THAT is what most...
8 Effective Habits for the Successful Entrepreneur
Every career has a set of habits that greatly increase the odds of success. The habits necessary for success will vary from career to career. Fortunately, there are many successful entrepreneurs that we can look to for guidance. It’s not surprising that many of them share the same habits.
There’s no reason why you can’t have the same habits as some of the most successful people in the world!
Increase your odds for success with these habits:
Marketing has greatly evolved over the years. Businesses used to rely on door-to-door marketing to find customers. Then print, radio, and TV advertising came into play. The new game in town is social media marketing, and it seems like it’s here to stay.
Over 60% of adults worldwide utilize social media in some form. Over a billion people use Facebook each month. Twitter draws 500,000 users each month. Therefore, every business might want to consider taking advantage of social media marketing.
Follow this simple plan to get started with social media marketing:
Scheduling allows for more productive days.
Planning my work prevents me from feeling overwhelmed by my responsibilities. Although unexpected situations sometimes arise, I am able to manage them because I build in time for them. Being proactive about planning also makes me more productive. I focus on the important things first and earn bigger wins that way.
Whenever my day feels chaotic, I take a step back and look at what is in front of me. I allow myself to filter out what I am able to postpone and concentrate on the urgent matters.
Even my personal time is scheduled because it allows me to achieve balance. Enjoying too much downtime leads to a declining work ethic. I like being able to stay mentally sharp so I add constructive activities to my days off as well.
Being productive means more than achieving work tasks. It also means being able to spend time on building relationships. My friends and family members are important to me. I work on quality time with them so...
7 Tips to Help You Avoid Repeating the Same Mistakes
Most of us live lives riddled with the same mistakes relived time and time again. This is incredibly common, but life doesn't have to be this way. We have the ability to learn from our past. We can make wiser decisions and behave differently in the future. Those that can do this successfully find life to be much easier than those that can't.
Imagine a life where you only make a particular mistake once. How much easier and more successful would your life be? Many of the mistakes we repeat severely limit our progress. Eliminating repeated mistakes can be more powerful than learning new information or developing new skills.
Consider these ideas to make the most of your mistakes and never repeat them again:
The Coronavirus has everyone trying to make changes and "weather the storm" of this pandemic. I have put together a list of some things you can implement today to help get you through this time, and that will help you even when things are back to "normal."
1. Simplify your processes: While you are stuck at home, take time to evaluate your processes and make necessary adjustments that will allow you to still be successful in the "virtual world." If you navigate these times with a simplified process, then it will make you even more efficient once you have a full roster of resources at your disposal.
If you are thinking of ways to streamline your business, are there products or services that you offer that take up more than their fair share of your time and resources? If so, maybe you should consider removing or modifying those first.
2. Maximize Your Profit Margin: Look at the way you are pricing your products and services and ensure that it makes...
You've probably heard the saying, "know your why!" Have you ever stopped to think about what that really means to you and your business? As entrepreneurs, we often get busy with the "grind," but lose sight of what got us started in the first place.
Often, when people hear this question, they immediately think of their family, their financial needs, or what they get from delivering on the product or service. Today I want you to think about the why behind what you offer. I want you to take some time to really consider what your core focus is in your business.
To determine your core focus, you must determine your reason for being and what is your niche. Why does your organization exist? What is your purpose, cause, or passion? When your purpose, cause, or passion is clear, you won't be able to tell what business you're in. You should be able to take it into any industry.
After you have determined your purpose,...
As we approach the end of 2019, we are busy preparing marketing strategies for the new year for all of our clients. The goal setting sessions and planning got me thinking about the trends and a few predictions I think we will see in 2020.
1. Facebook and Google will continue to dominate as the main source of paid digital advertising. According to eMarketer, 72% of all online spend will be between these two platforms. I personally believe that the percentage will rise as Instagram ads continue to grow in popularity and get "lumped into" the Facebook bucket.
2. The integration of A.I. into the marketing space will continue to grow in 2020. Many marketing analysts have begun referring to this as conversational marketing. Most of the impact of this trend may still be a few year away, but the integration of "smart speakers" and similar devices will be a major factor in 2020. According to Gartner research, 60% of owners used the device to make a...
As I sit at my computer on my birthday, I thought it would be interesting to start a tradition of writing a blog looking back at my trip around the sun. 2018 was filled with personal challenges, amazing learning opportunities, relationship mending, self-doubt, and renewal.
I spent much of 2018 wondering "who am I?" I had to face some hard facts that decisions I had made YEARS ago were still affecting relationships with my boys in the present. I had always known that the realities of divorce would negatively impact my relationship with them, but for years we had been able to ignore some of the problems that my choices had caused. Thankfully, my boys, their mom, their step-dad, and my wife all supported us working through the issues so that our relationships could flourish going forward. While it hasn't always been easy, I am proud to say that the relationships with Daniel, Josh, and...