As entrepreneurs, doing things outside of the box kind of comes with the territory…
Like riding your daughter’s skateboard while holding a sign to share a fun message on IG! (If you haven’t seen the post yet, you can check it out here.)
But that willingness can sometimes have us spinning our wheels and doing TOO many things in our business. We have an innate sense of what is and isn’t a good idea on a daily basis in our regular life — like not crossing a busy street without looking both ways, or not driving a car while wearing a blindfold. When it comes to business though, we don’t always see quite so clearly.
We can end up spinning our wheels on activities that keep us “busy” but not making enough progress for all that time spent. After 16+ years of helping business owners maximize their profit potential and business growth, I have a good idea of what the most common entrepreneurial stumbling blocks are, oftentimes because I’ve had to work through so many myself. The real challenge though is that these blocks are often hiding behind our business blindspots. It’s not like you’re intentionally telling yourself, “I want to stay stuck at this revenue level.” But at the same time, with no plan in place or roadmap to follow, you’ll stay stuck at that same place (for years!). And when you do try to break through, you often end up doing too much or chasing the next shiny trend rather than following the more direct path to reaching your revenue and business goals. If you’ve been following me for a while, then you know I’m all about helping female business owners like you create a real profit PLAN and a system to ensure not just growth, but financial stability as well. [click to continue…]
I have a question for you. Does this scenario sound familiar at all?
You open your bank app and look with a mixture of curiosity and dread at your balance. As you sit staring at the number, so many thoughts start whirling around your head…
“Are my business expenses going to be covered this month?”
“Do I need to lean on my credit card to book in that upcoming conference?”
“Do I have enough to hire the help I could use to free up some of my time?”
And the thought that’s most frustrating of all?
“I thought there would be more in there. Where did it all go??”
All of these questions swirling in your brain may leave you feeling confused, worried, and wishing you hadn’t looked.
So you close the app and decide to figure it out later.
Believe it or not, this scenario is something that SO many entrepreneurs face.
It’s called reactive bank balance decision making, and has you making important business decisions based on the moment-to-moment literal bank balance (or credit card limits) to know if your business can “afford” something.
For many, it’s a rinse-and-repeat cycle each month.
That is… until you decide something has to change. Because opening your bank app SHOULDN’T fill you with confusion or dread.
Want my best piece of advice for how to get out of this bank balance decision making?
You’ve got to create a real plan!
More specifically, a plan for profit. And that starts with reverse engineering your goals and getting up close and comfy with your numbers.
That way you’re no longer guessing or wondering what your next move should be when it comes to paying yourself and investing in your business.
Despite all the “connection” on social media and zoom, when you’re left in your bedroom-turned-home-office to tackle the never-ending to-do list, it can get overwhelming. #IYKYK
And although we don’t talk about it openly that much, I think so many of us have times where we feel isolated in our business, and wish we could get feedback on our ideas with people who “get it.”
Do you ever feel that way too?
You know that feeling when you find yourself talking business with a friend who doesn’t quite understand the whole “online business” thing?
As her eyes start to glaze over you realize that as awesome as she is… she’s probably not the best person to hash your ideas out with!
Even when you’re lucky and have a partner in the business with you like I do, it’s still SO valuable and inspiring to spend time with other biz owners with similar goals and aspirations.
The good news? You don’t have to do entrepreneurship alone. Not by a long shot.
There are a lot of opportunities to connect with other business owners… and my trip to Texas this past week was an amazing experience doing exactly that.
I headed off to Houston to take part in a mastermind, and in between the mentorship and business strategy deep diving, we had a blast.
On my Cash Flow CEO coaching call this week, there was a recurring theme…
Our students wanted more visibility and clients, but didn’t want to sign up for the constant push to be on social media.
I get it. My answer…
Do more speaking on virtual or in-person stages.
So I shared this link so they could learn (for free!) from my mentor Colin Boyd — starting tomorrow.
You see, speaking and selling on stages can quite literally change your business (way faster than you think).
Think about any market leader that you look up to in your industry.
Do they speak on virtual or live stages?
Of course, they do.
That’s because they know that speaking on a stage can be the difference between a struggling and a thriving business.
It’s the reason I integrate this into my business (including in just a week for my High Profit Offers workshops) and can link speaking to so much of my own business growth.
Using a stage (think virtual stages, webinars, or live stages) to engage your audience and sell your programs is the #1 way to grow your audience… faster than you can believe.
Would you like to know the 5 Best Ways To Create Consistent $10k+ Cash Months? Click here
to download your free guide.
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This is the gentle kick-in-the-pants you have been looking for, with the step-by-step plan that makes it easy to know what to do to turn your net worth—and self-worth—around once and for all. Click Here to Learn More...
