Increasing your revenue or spendable income is a common desire. Hey, I’m right there with you. I want to invest more into my business, personal growth, learning technologies, home improvements, retirement funds, college funds, bigger and better car and airplane, not to mention clothes, vacations, dinners, gifts, and charities. I could keep going but you know what I’m talking about.
Many of you know the usual advice on attracting more money into your life. Right now, I want to focus on the thoughts and actions that you want to avoid in your journey to more money.
- Stop looking at your past reality unless you have achieved financial abundance. If you have, then look at what was different during that time. What were you mentally focusing on? How did you treat your money? Were you doing something different strategically?
- Don’t beat yourself up about the current state of your financial affairs. Logically, how does that help you? You can’t get new ideas, solutions or more money when you’re down on yourself, your business or someone else that you think caused this misfortune. Get your head into creating what you want, not what is. [Read more...]
My mom and I, along with my boys, drove down to Southern California to visit Disneyland. I, therefore, had six hours in the passenger seat to try to figure out the best way to navigate the Alice-in-Wonderland-like mazes that define the innards of the park. I opened my iPad and researched show times in the park, how to avoid the ride lines and which Disneyland apps were going to rock my world.
I never thought much about my business model until almost twenty years into being an entrepreneur. I know: crazy, huh? My model was to get an idea, implement it, and keep doing it … if it was fun. But I didn't have criteria to gauge what was working and what wasn't.
I used to have a bad habit of creating new ways to generate money every month. None of my new offerings had earth-shattering results, but that didn't stop me from trying to reinvent the wheel. Apparently, I didn't notice the pattern of working hard for little ROI.
Success is often not pretty. We can be falling to pieces behind the scenes but the show must go on. You have to keep your big boy/girl pants on and keep doing the things you know to bring the money in the door.
When your main focus is on increasing profits and expanding the reach of your marketing it's incredibly easy to be taken down a dozen rabbit holes each day. There are so many marketing, leadership and small business experts giving abundant strategies to grow your business that it creates an obstacle course of to-dos for the average entrepreneur.
I've been called a control freak, multitasker, goof ball, magnificent manifestor and just plain ole freak. I can relate to all of them. However, the one that really irritates me is when someone says I'm not very good at delegating.
Even if you only have a few customers or clients, you're sitting on a goldmine. You just have to mine it.
Regardless of what you think, you need to be a leader. That means everyone: solopreneurs and employees, too. And no matter what stage you find your business in, start thinking of yourself as a leader if you want to see increased profits.
I recently posted on Facebook that I lost 15 pounds in six weeks. Of all the topics I've covered before, this one received the most "likes" and comments. I was shocked. Naturally, people really wanted to know my secret.
5 Keys to Pinpointing the Right Prescription for What Ails Your Business.
