Do you want to get rich? Do you want to make lots of money from your business? I hope so. Remember though, you don’t get rich by taking care of yourself. You get rich by taking care of your customers. What are you doing to take care of your customers today?
Ten years from now and fifty years from now. Always make sure that you’re being intentional about building a business, a career, and a life that you want and are excited to be in. Great advice from Mandy Hale, thanks @foundr for sharing!
Sometimes new business owners get frustrated because they don’t feel like they’re seeing the results they want right off that bat. If you have solid goals and a good plan to accomplish those goals, then just stick to your plan and keep working, little bit by little bit, every day. You may not feel like you’re seeing progress, but progress rarely happens in leaps and bounds. It is incremental and slow, but one day, you’ll look up and realize that a little bit of progress every day has gotten you big results.
It’s tempting to work on something until you feel that it’s absolutely perfect. Whether it’s a new product, a new website, a new marketing g campaign, or anything else, remember that 80% perfect and finished is a lot better than 99% perfect and still on the shelf. You will always be working to improve what you are doing, but strive for greatness, not perfection, in order to make sure you keep moving. It’s ok to look back on your first efforts and laugh, if you don’t then you haven’t grown!
Whether it’s your knowledge and skills, your health, your relationships, your state of mind, or your own happiness, be intentional about choosing to invest in yourself. Thanks @forbes for the reminder that businesses don’t work unless people do, and that YOU are the most important asset in your job and in your business.
This is important to remember when dealing with criticism. Everyone is different, and everyone may not like you, or your product. But it’s very important that the people you have identified as your customers and potential customers do like you and your product. You don’t have to please everyone, and you can’t please everyone, so don’t worry if not everyone likes you or agrees with your decisions. You DO have to please your customers. Make sure you’re spending your energy trying to please the right people, not everyone out there.
I love this from @successdiaries via @askamillionaire.
My big dreams certainly started off with a small beginning. I was an college grad with a major in education and not a lick of business education or experience when I opened my very first record store. I had no idea that my little record store would eventually turn into a multinational billion-dollar business. ・・・
Type “YES” if you agree. Follow @successdiaries for more. And don’t forget - big dreams and small dreams alike both start with small action steps. Break down your goals, no matter how big into small attainable action steps. And nothing is too big to accomplish! #mostwontiwill
A few weeks ago I had coffee with a new friend, Mike Skinner. Mike spent over 10 years as a corporate lawyer in New York, Seattle, and San Fransisco, but today he serves as the Executive Director at the Center for Inclusive Entrepreneurship, a non-profit that gives training and support to emerging entrepreneurs in underserved communities throughout Washington. When I asked Mike if he minded sharing a mistake he’s made in his career or business, he told me that his biggest mistake was wasting so much time in a job that he didn’t love, and didn’t feel fulfilled by. Even though he spent a lot of time and money getting his law degree, one day he realized that his career as a corporate lawyer wasn’t putting a big smile on his face in the morning anymore. Eventually, he left to do something more meaningful, and now he spends his time putting his experience and expertise to use by helping people to accomplish their dreams and improve their community by starting and growing local businesses. The lesson- when you know its time to go, just go! Do something you love and feel good about doing, and you and your business will be better off.
Attention #Seattle business owners! I’ll be cohosting a presentation on growing your business using social media this coming Tuesday, October 10, at #westseattle branch of @umpquabank. In my career, a took a marketing approach that broke marketing down to its basic concepts and allowed me to quickly scale by using a simple marketing system. Social Media is an important part of any marketing strategy in today’s businesses, and I will be joined by social media expert @mtodd of @collective7seattle to explore how you can use social media as a part of your marketing strategy to get more customers and grow your business. I hope to see all of my Seattle-based #businessowner friends there!
Michael Phelps talks about the value of visualization and preparing for various outcomes. This is as true in business as it is in swimming. If you have a clear idea of where you are going and you have prepared yourself with excellent planning to get there, then no roadblock or set back will keep you from accomplishing your goals. A great lesson from Olympic gold metal winner Michael Phelps, and a great video from @forbes. If you need help creating a vision and a plan for your business, start with my free mini-course (link in bio), and see where you’re at with the 3 essential questions that you must be able to answer before you can build a successful business.
Social Media. Some of us love it, some of us cringe at the thought of it, and some of us are still trying to figure out what it even is, much less how to use it (will my friends “like” my hashtag if I tweet it, or...). At the age of 71, social media was a daunting idea for me. But I knew that if I wanted to grow my business, reach more people, and remain relevant, I would have to either figure it out myself or hire someone who could figure it out for me and teach me how to use it (shout-out to @renjustalittle). Now I love social media, because it gives me a chance to bump into people and have conversations that I never would have had the chance to engage with otherwise.
I’ll be cohosting a free presentation along with social media expert @mtodd of @collective7seattle at the #westseattle branch of @umpquabank on Tuesday, October 10, with snacks and networking starting at 5:15pm and remarks beginning at 5:45pm. We’ll dive into what social media is, why you should or should not be using it, and how you can use it to grow your business. I hope to see all my Seattle-based friends there!
I believe that if you’re doing what you love and you’re providing real value, you’ll never have to worry about money. However, to any aspiring entrepreneurs, I would advise you to sit down and “pencil out” your idea to figure out exactly how much you would have to sell to break even each month and year. Figure out how much it’s going to cost you to produce what you’re selling, what other bills you’d have to pay for overhead, how much you can sell your products for, how often you think you can sell them- make sure that all of these numbers make sense on paper. And then go follow your vision and make your dreams into a reality! #runmybusinessbetter