Is Starting Your Own Business a Good Idea in This Economy?

People often come to me with this question – I have a career right now, I’ve always dreamed about starting my own business, but I’m just terrified of quitting my job and losing my regular income during this economy…

You may be surprised by my answer, but I really don’t ever recommend anyone to just quit your job to start your business.

The truth is, I did it that way myself, but I only recommend people doing that when they cannot be convinced of anything else – when they are standing at such a strong place of belief that they just absolutely know it’s going to work.

If you are not standing in that absolute place of knowing about starting your own business, don’t quit your day job – because you’ll put too much pressure on you energetically.

What really can be valuable and useful is to start out in such a way where you can begin to create some revenue from your dream business on top of what you are already doing in your career. Then, once it begins to start on the way to replacing that income, you can start activating more of the belief of, “Yeah, if I could just put some more time into this, this could really take off!”

I’ve seen a lot of people quit their job because they’ve got a dream for a business and a passion to be their own boss – but they minute they quit, they’ve activated the lack mentality of not having a regular income right away.

They’re putting out these rockets of desire, but they’re cancelling them out because of their fear and worry – it’s like putting your foot on the gas and the brake on the same time. When you do that, nothing happens!

Don’t be afraid to start more slowly…

• Put some feelers out
• Start talking to people
• Put in a couple weekend or evening hours
• Don’t invest a lot of money right away

You’ll find that you’ll be building up positive evidence through this process that is going to put you in a place of power in starting your own business that you may not have had access to before!

One client that I coached really wanted to start an organizing business. She had a passion for it and knew it could be successful…but my strong advice to her was not to quit her day job right away.

I coached her to start doing some of it on the weekends – start getting some clients and building up positive evidences before quitting her day job. Read more

When it Come to Making Your Small Business Plan, is the Online Aspect Giving You Chills?

I’ve talked to many Spiritualpreneurs who seem to have a great fear of running the online aspect of their business, but (and this is coming from a real ‘techno-phobe’ here), having an online business is a lot less complicated than you may think it is!

Having any kind of business starts first at the Inner level – and if you don’t believe you can know what you’re doing when it comes to running your business online, there are a lot of other piggybacking beliefs that are riding on that…

• I don’t have what it takes
• I’m not good at technology
• Everybody else knows more than me
• I don’t have the time
• I glaze over when it comes to learning things like this…

You’ve got all these things rolling around inside your head – it’s sort of like Prego Spaghetti Sauce – ‘It’s all in there’!

So the first thing you want to do is get clear on what the beliefs are that you’re telling yourself – get really honest with yourself – what are you telling yourself about why you can’t have an online business?

Then, while you’re putting together your small business plan, start to identify the areas that you feel like you need more support on. If you’re feeling like, “Oh I just don’t understand blogging. Social Networking – it gives me a headache! I don’t get how to do this or that…”

Well, start out with identifying the areas YOU think are important to having in an online business, and anywhere that you feel you are lacking.

You also want to identify the areas you feel belong in an online business that you really do feel like you have some sense about, because there are things that are really serving you at an inner level with your beliefs, and at an outer level you do have competencies and skill sets and brilliances that are serving you.

People tend to focus on everything they can’t do, everything that don’t know how to do, everything that’s confusing or overwhelming – but you have to remember that for everyone that says they can’t do an online business, there are both inner and outer level reasons you have to address in areas that are both serving you and not serving you.

It’s very important to look at it from both sides.

A good starting point for having an effective online business, whether you understand all the ‘technology’ involved or not, is to simply map it out. Take a piece of paper and make a flow chart.

• OK, someone comes to my blog or website. What happens?
• What do I want them to experience?
• What do I want to have occur?

Map it out all the way down to all the different levels of all the different things you want to offer. Think of it as your online small business plan.

Online business are often based in having an effective profit funnel – you introduce yourself to people through free or lower end products and begin building relationships and credibility, eventually going all the way up through to higher end products – programs, seminars, continuity programs – it goes all the way through. Read more

How Can the 30 Day Empowered Spiritualpreneur Challenge Help YOU Be More Effective in Business?

Lessons 1-5 have now been posted, and you can access them by clicking here now!

Watch for more Lessons coming soon!

As you begin each new Lesson, I recommend that you remember and apply the Activation Tools from the first lessons in order to amplify all that you will be learning along the way!

If you haven’t done so yet, remember to sign up for the forum – you can do so by clicking here now!

As you enter week 2 of the Challenge, here are

some things to think about…

Have you ever reached a plateau in your business or career where it seems that you just can’t break through to the next level?

You can’t put your finger on why you’re stalled.  You’re working harder as time goes on, but you feel that the rewards are getting smaller.

Or, there’s that dream you have for your business or career growth—that vision you keep putting off, “Until the time is right.”

Are you truly ready to move ahead now? If so, the 30 Day Empowered Spiritualpreneur Challenge is going to help you on your way!

Consider this – some pretty significant research has been done that in the next 10 years, more than 50% of the population will have some kind of second income stream. This is largely due to the fact that people want more fulfillment.

They want more freedom. They want more security and wealth.  They want to leave a lasting positive mark.

But our entire economic structure is not conducive to people continuing to grow their wealth or career, or even accomplishing something of major significance. Read more

What do You Think About This Interesting Observation From Christine Kloser?

Here’s a great article written by my colleague and fellow Spiritualpreneur, Christine Kloser – the significance of what she has written was quite striking to me, and I’m sure you will find it so as well.

Read on to find out more about her “Interesting Observation”:

“This really isn’t an “official” article, rather an observation about something I’ve been experiencing within myself after reaching the seven-figure mark in my business.

I’d been striving to reach this position in my business for several years.  It always felt so out of reach to me, until this year when everything changed at The Freedom Formula Experience (for me and the attendees).

When I realized I’d hit my income goals (largely based on the success of the event), it was difficult to believe.

Literally, I was pinching myself because I had been dreaming about this kind of success for so long, but now it was here.  So, what do I do now that I was LIVING that financial dream?

Well, after taking it in and celebrating my success at David Neagle’s Million Dollar Entrepreneur award ceremony, I started talking with my husband about the new car I wanted to buy, planning an extravagant vacation, and the jewelry I wanted, etc.

Then, I realized those voices in my head (that were wrapped up in the materialism of hitting a financial milestone like this) weren’t truly my own voices. They were the voices of what I thought I should do after a milestone like this… right?

I ought to express it to the outside world by acquiring fancy things.  Read more

Did You Know That Joint Venture & Relationship Marketing Makes Business More Fun?

When you take a look at the trends in business today, you can see that even big corporations are starting to collaborate with each other.

PricewaterhouseCoopers interviewed the top 50 private companies and asked what has made the biggest difference in their growth.

Their answer?

Joint Venture and collaboration. These companies said that collaboration was critical to achieving their objectives – they made trillions through Joint Ventures!

What’s that about?!

They used to be competitors, and now they’re saying, “Hey, maybe it would be a good idea for us to join together.”

This is a complete shift of the human consciousness.

When you look at such best-selling books as Conversations With God, and then look at what the popular business books are, you see that people are buying a lot of business books with a spiritual basis.

They may call it all sorts of other things, but when you come right down to it, this genre of business books is all about the fact that everyone is connected, and it opens the possibility for everyone to come together and connect in an even more powerful way.

There are now an abundance of ways to conduct business from a place of integrity and collaboration, where both all the individuals within the organization and those on the other side of the table (the customers or clients) feel valued. Read more

Do You Have a Vision for Your Own Business?

I had the privilege of speaking with some amazing Spiritualpreneurs on a teleclass I held the other night, and one of the them was Bill White, the Synchronicity Expert.

I asked him to share about being a Spiritualpreneur and how that has helped him to recession-proof his business, along with what tip he could offer to you for your own business.

Here’s what he had to say:

I came from a background in advertising, and as a result I was used to working 70 – 100 hours a week year round.  So when I decided to go into business for myself, one of the biggest things that I was doing was running from my career – because I was just exhausted!

In advertising, we had such an emphasis on persuasion – trying to hammer, hammer, hammer a sales decision into the mind of a client – and I carried some of that with me originally in my business.

But when I started to realize that serving the customer was not about persuasion, and I started to shift that emphasis, that’s where I really began to see my own business grow.

I was doing a lot of the blueprinting process of:

• What do I want to do?
• And how do I want to do it?

But I started applying that also not just to ideal clients but to vendors and partners as well. So I would write job descriptions of the partners or the vendors that I needed, and start setting my intention on that.

That’s really when I started to see my business grow, because I started to draw to me the people who I could serve and be served by the best, and it became a fair energy exchange.

One thing that I would suggest for a tip that really helped me a lot: Read more

Do You Need a Process for Setting Up as an Entrepreneur?

If you’re starting out as an entrepreneur, I always suggest that you begin with an inner level energy management foundation to help you to pre-pave the energy for the actions that you will need to take in setting up your own business.

At the same time, if you don’t have any idea of what the outer level processes would be for your business, it can be a little bit daunting to try to manage your energy around it!

I believe that the Inner level and Outer level are equally important to every entrepreneur – in fact, seeing these things as equally important is what makes you a Spiritualpreneur!

But if you are a little nervous about what exactly to do for taking those next actions, keep in mind some of the following steps that will be very helpful to you as tried and true ways that you can go about setting up!

First, decide on Full Proprietorship vs. LLC.  Your decision is an individual one and may depend on your tax situation and current income levels.  Interview an accountant or a tax preparer to get more information.

This decision is important for you and for the IRS.  If you are going to be a sole proprietor, the accountant can tell you what you need to keep and how to keep it.

Set yourself up properly and stay in alignment with good records.

When you begin building your Business Team, consider Read more

Do You Understand the Importance of Making Wise Investments for Your Own Business During These Times?

Many people are finding right now that it’s necessary to make adjustments in where they are allocating their resources, and it is very useful at any time to get even more clear on what you are spending in your own business so that you can allocate your resources to whatever is going to serve you the most.

It just might be that there’ll be certain projects that you’re going to put on the back burner, because they’re just not as important from a priority standpoint.

This is really something that is useful to be doing all the time, but I know that business owners tend to get more into the bigger picture sometimes and not so much the nitty gritty, day to day, week to week aspects of where they are really spending money.

The thing is, while it’s important to have the strength and confidence to maybe put off some projects that you may be really excited about, but maybe just aren’t the best thing to be spending resources on right now – it’s equally as important to have the strength and confidence to continue to invest in those things that will help your business move forward to greater success.

I like to evaluate, on a weekly basis:

• What am I allocating my resources to?
• Are there other ways I can better leverage those resources?
• Are there investments that would really make more sense for me now to?

I recently made the decision to invest in an online Project Management system.  My team and I researched the costs, the benefits, how it would assist the business in streamlining everyone’s work together, and at the end of all this, I decided to make the investment.

If you have your own business, and you’re hunkering down – trying to weather the storm – and you’re not willing to put resources into anything right now, it’s probably not going to do you much good in the long run!

The key opportunity that times like these bring around is that they really force you to focus on what is necessary and what is unnecessary.  The thing is, you can swing both ways in your own business.  You can throw money at every idea that comes up, or you can refuse to spend a penny on anything beyond the bare necessities.

Neither of those attitudes are going to get you to the success that you are looking for!  That is why you need to know how to manage your business from both an Inner and Outer level.  If you are managing at an Inner, or energetic level, you can more clearly make those decisions regarding investments.

You will be calm and aligned at an energetic level with whatever steps you want to take, which will make those steps even more effective!

There’s a lot of thinking outside the box going on right now – people are turning to new ways of allocating their resources and even new ways of using their current employees. Read more

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