You never know what is possible until you try is my biggest take away from my participation in the 30-day “Simple Blogging Network” challenge. Before participating, I did not know it was possible for me to write more than 3 posts per month. I now know differently.
Another take way is the knowledge I have gained from reading some fantastic & informative post. Everyday I learnt something new.
Stretching myself has been fun & enlightening. By stepping out of my comfort zone, I have once again learnt, that anything is possible if you try.
Have you learnt anything from this challenge? Please share.
If you are thinking of starting a business, and not sure were to start. Below is a quick “Small Business Start-up Checklist” you may be useful.
1 Research the viability of your idea
2 Secure any needed operating funds. This could be from your savings or loans.
3 Chose the location of your office. If working from home, I suggest dedicating a specific area.
4 Determine the legal structure of your business. Will you operate as a Sole Proprietor, Partnership, Corporation or LLC
5 Register your business name. Usually with your local county business license office.
6 Get you Tax Identification Number (EIN) from the IRS & determine if you are required to register for state & local tax collection. Your State Department of Revenue & Sale Tax Office.
7 Obtain any needed Permits & Business Licenses. Usually from the county business license office.
8 Hire any needed employees and experts- lawyer, accountant, bookkeeper, for example.
9 Begin operating your business!
Do you have any other suggestions for establishing a new business? Please share.
The quickest way to go broke is to lose track of your bottom line. To help insure your success, you must implement a good bookkeeping/accounting system. Your system does not have to be elaborate but it must be effective. It can be as simple as having a file box with an alphabetical file of your customers and their transactions. There are many bookkeeping systems for sale, choose one. You can visit any stationary or office supply store to investigate the various systems available. Whatever system you use, your system should be easy enough for anyone to understand and most of all accurate.
It is a good idea that at least once a month you total your books to see how your business is doing. Look at your total income and total expenses up till and including that period provides you with a picture of how you are doing. Collect from those who owe you and at the very least, stop extending credit to them. Pay your debts as promptly as possible. Your good name is your best asset. NEVER EVER LOSE TRACK OF YOUR BOTTOM LINE!
Your bottom line is affected by many variables and you must monitor them closely. From time to time re-evaluate your product/service to determine if any improvements can or should be made. Also evaluate your marketing strategy for its effectiveness. No matter how great a product you have, if no one knows about it, you will go broke. Make sure your overall marketing strategy is sending the message you want your customers to receive.
Talk to your employees if you have any to get their input. A happy employee is a productive employee. If you are experiencing a high turnover rate, re-examine your personnel policies and your source of workers. You need reliable and responsible employees. Customers love to develop relationships with their vendors. They become nervous when they deal with a new person every time they deal with you. Stability and reliability are what your customers want and deserve from you. Give it to them.
Do you think it is important to know how your business is doing on a regular basis? How do you keep track of your business? Please share.
When I learnt I could attract the life I wanted and it was not dependent on others, I was excited! I was told to use affirmations and visualizations, as tools in my effort for change. I did but nothing happened. I became frustrated till I learnt emotions were a key element in the process.
You see, emotions have a vibration which the universe picks up and acts upon. Therefore, when I visualized my affirmations, I needed to also feel the corresponding emotion. This was not as easy as it sounds.
While I could visualize with ease what I wanted, feeling like I already had it was difficult. It was difficult because I felt I was lying to myself-something I try my best not to do. So as a result, nothing changed.
Not being the kind of person who gives up, I kept doing my affirmations and visualizations as I did more research. The more I researched, the more it became clear, emotions were the missing piece. I had to feel the emotion of the wish fulfilled without any resistance. How was I going to get myself to believe that something I wanted had already happened for me?
For me, meditation was the key. I discovered that when I meditated, I became relaxed, and entered a dream like state which made it possible for me to rewire my mind, with no resistance, into accepting my affirmations as already completed.
Once I was able to successfully include my emotions in the process, thing started to change.
What has been your experience using affirmations and visualizations? Please share.
In a word focus! What you focus on is what materializes into your life. Most people unfortunately, spend most of their day focusing on what they don’t want in their lives instead of what they do want in their lives. When I discovered that bit of knowledge, it empowered me.
I realized that by changing the thoughts I pondered daily, I would change my life. Wow! Now it was not easy in the beginning, I struggled to not worry about the issues I was facing and instead focus on the end result I wanted. I began paying close attention to the thoughts I allowed to enter my mind and whenever a negative thought appeared, I tried not to mull it over and to replace it quickly with the positive outcome I wanted.
Slowly I began to see changes. Positive things began happening more & more in my life. My thoughts are less negative and when a negative thought shows up, I instinctively change it to a positive one. I also feel less stressed. Focusing on the positive, is bringing more positive things into my life.
So, how has your focus affected your life? Please share.
I came across this video, which contained 11 rule you will not learn in school. It contained some good advice, you may want to share with the young adult and entrepreneur in your life as they begin the pursuit of their dreams.
Do you have any other advice to share with those just beginning to pursue their dreams? Please share.
Being a leader can be a thankless job, but it is one of the hats an entrepreneur must wear. Today, I’d like to share with you, a video containing, 10 tips for being an effective leader, which I have found helpful.
So what did you think about the 10 tips? What do you do as a leader to motivate & direct your people? Please share.