Freedom, Wealth and Success - What a Wonderful Combination

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It may be that one of the reasons you started or are thinking about starting our own business and becoming an entrepreneur is because you want flexibility.
It may be that you want more time with family, or another part time career, or you wish to work hours that fit around children's commitments or even travel times.
My reason was so that I could be able to have operations on my damaged pelvis, hip and spine.
You may also have some unique reason why you want, and in some cases need, the flexibility of working for yourself.
Then of course there is the matter of money - and yes, it's a major factor for most of us when making the decision to work in our own business instead of making it all for someone else.
I also hear my members say that they want to make a difference, and I can really support that fact because it is wonderful to have the knowledge and impart it to others and enrich lives, so again, it is a key factor.
However, the most important reason seems to shine out head and shoulders above the rest is to have FREEDOM.
Now I guess that flexibility could also count as Freedom, and certainly money buys freedom in some ways and being able to be creative and help others is a form of freedom (you may have heard the phrase 'free to express myself'.
I am talking about the masses when I refer to 'us' and 'we' and I do understand that there will be a percent, a very small percent that do not fit into ways of thinking and working but for now, this is for the majority of us.
The working life may have been the 9-5, although 9-5 is usually 7-7 when you take into account getting ready, travel and preparation time.
It's a huge chunk of time out of the 24 hours in each and every day.
Time is such a precious commodity and it's the only one that cannot ever be replaced.
Therefore we want to use it wisely and get the most and best out of each minute and hour in the day.
I don't mean that we have to work hard every hour, I want you to think about the work you do and see if you are doing things that are unnecessary or duplicating effort with little or no returns.
Time spent on yourself is essential, and most people say that they 'don't have the time' or the classic 'I will try to make time'.
I have a little shock fact to announce here, no one, no matter how clever they are or talented or experience - no one - can make time.
You have all there is.
Its because of this that when I hear some entrepreneurs are working flat out all day every day and into the evening and weekend, it raises concern.
Why is there so much that has to be done by one person, and is it all productive.
The reason I am qualified to ask these questions is because I was there, I did the 14 hour days with little rewards, I was doing the whole shebang myself.
I was generally working on every single aspect of the business by myself and ran ragged, tired and became very ineffective.
Of course I couldn't see that, because 'I am so busy' and that was my motto.
It was my grandson who triggered it when he said 'you never have time to do stuff now, like you did when you were working'.
Wow, how powerful was that.
I suddenly looked at what I was doing, and I bet you are thinking similar things now.
Where is the glorious freedom I wanted? Hard Working Entrepreneurs We, entrepreneurs, are the hardest working people on the planet and we may not be the most effective with the use of our skills and our time.
It may be that you are working 40, 50 or even 60 hours and probably fitting in all the other things we want to do such as children's events, family commitments, home care etc.
You also may get too tired to enjoy some major events.
It doesn't have to be like that.
If your business cannot survive without you working all hours that are sent, then I would question if you have the right business model, and I would be pretty sure that on investigation, you don't have the right model.
I agree that initially when setting up to start your new venture there are a lot of things to put in place and so much to do, and if the structure is right, then there are processes that can be put in place and there is also automation, all of which will make life and work evenly balanced.
Now is a really great time to do a work and life inventory.
If you carry on doing what you have always done, guess what, you will get more of what you are getting now, and that may not be what you set out to do.
Because most people, myself included, started the business with knowledge and skills pertaining to that business, it doesn't always follow that a plan was created.
Now I know most peoples toes curl up when I talk about plans, because they usually relate them to a 17 or more page document called a 'Business Plan'.
This is an essential piece of work but there is something even more important.
What is your goal? What do you want for yourself, your life, your family and your future? This is my kind of planning.
What do I want and how will I achieve it.
I also review and update regularly because 'life is what happens when you are busy making plans'.
Things do change, events do take place and curve balls do swing in from the sides.
You could, of course, just drift along aimlessly and hope that there will be more business and that income will arrive and that eventually you will get more free time.
I seriously doubt it but I stand to be corrected if you have experienced that.
I have been coaching entrepreneurs for many years and so far I have not seen anyone who drifted into a life of wealth and success and happiness and freedom by accident.
(although it may happen to Lottery winners).
Don't despair! You certainly can build a fantastic business and have all the freedom, creativity, wealth and success you dream of.
But that takes planning, structuring and doing things differently.
You have so much knowledge and skill at your fingertips or in your head that just need applying in a well defined business model.
Now the nicest gem, ITS EASY TO DO.
While it's not a mammoth task to structure and put processes into place to grow or expand your business, there are pitfalls, traps and dead-ends which have to be avoided at all costs.
You may have even experienced many to date.
And if you haven't, I can almost guarantee that you will if you rush in and try to do everything yourself.
It can be frustrating and very expensive when you drop into one of these dreaded events.
Believe me, if I had known at the beginning what I know NOW about growing a business and putting a valuable structure into place and how to market me and my business, it would have shortened my learning curve by about 70% and that's a true reflection.
I don't even want to think of the wasted time, money and tears of frustration.
The I CAN DO EVERYTHING MYSELF - because I cant afford help syndrome.
That is such a myth and a very costly one.
If you are answering the phone, going to the bank and post office, sorting out customer service issues, doing the accounts and making the coffee, when are you doing what you do best and doing what bring in the money? To the people who say 'I cant afford help' I can only say, 'You cant afford NOT to have any help, however small it may be'.
Each portion of time that you free up by stopping doing the menial tasks, will grow your business x%.
You may not have ever valued your time, so now is a good opportunity for you to do it.
What would you consider your time is worth? What is your hourly rate in terms of worth? And PLEASE do not undervalue yourself at this junction.
How you value yourself is what you portray to everyone else.
If you think you are worth a low value, say 25 (£ or $) per hour, you shouldn't even think about being in business for yourself.
So start to be realistic, what is your worth 150, 200, 250 (£ or $) per hour.
That makes you a very expensive coffee maker and errand runner.
I can imagine what you are thinking or saying to yourself right now.
It's making me smile because I have been in that place and my coach said a similar thing to me many years ago.
I was very defensive and argued the point that I couldn't afford anyone to do these jobs.
I was soon proved wrong, very wrong.
I wrote a list of all the tasks I performed every day for a week.
And yes, it was an added piece of work that I didn't really have time to do.
But boy, was it a valuable piece of work, in fact it was priceless.
I totted up all the time I was 'running around doing admin, repetitive and menial tasks' and it was scary.
I actually worked out that if I didn't do all those things I could write a book every month based on the time I could recover.
Or I could do more meaningful marketing work or create more products to sell.
I could even afford the time to go for a massage and a hairdresser, both of which are essential 'me time' activities.
And if you don't have 'me time' now, you certainly will if you stick around me because the difference it makes to mind, body and soul are amazing.
I think next to marketing your business or your products, having quality time is one of the most important uses of time.
It helps you do more with less because you are working at your Peak Performance.
I can remember the days when I could spend 7,8, or 9 hours trying to get some information on a web page and get the borders correct and the opt in box in the right place and get it uploaded to the web.
I hated it and it left me drained and irritated.
I did it because I thought; I can't afford anyone to do it for me.
How wrong I was with that negative thought.
Once I learned all the tasks that I didn't like or I wasn't good at or that were just plain beyond me, then I outsourced them, freeing up valuable time to do more of what I am expert at, more of what brings in great income and more of what makes me feel satisfied at the end of the day.
I outsourced.
Don't worry about that fear right now; I am going to guide you through all of this in really easy to do bite sized pieces.
At the start of this paragraph I put I CAN DO EVERYTHING MYSELF syndrome.
Are you thinking that way now, can you see that it is not a good business (or life) model and that you can not maintain it and run a successful business? Wishing you wealth, success and lots of freedom to enjoy the life you deserve.
Linda
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