Marilyn August - Wallet Wisdom Newsletter - august
"Marilyn helps me with everything from mindset to marketing to business strategy. My revenues have been directly impacted by her coaching and ideas. In fact, after working with Marilyn in just 3 short months, I set a new record for monthly revenue, proving an ROI well above and beyond my initial investment."
Silvia Quintanilla, Principal
Industry Gems Research, Fremont, CA
"Marilyn, with your help, it took merely one week for a prospect to arrange a first time face-to-face meeting. Thank you! I highly regard and respect your services. I am learning a lot about marketing and selling, and I am enjoying the results and changes that are happening for me as a professional and person."
Raymond E. Urgo, Principal
Urgo & Associates, Los Angeles, CA
Wallet Wisdom Newsletter
Fire in your Belly, Passion in your Heart
What is the primary difference between working for a company and being self-employed?
"In a corporation there is always someone higher up who makes the final decision," says Hood. "So many people fear making a mistake that they don't make any decision or even risk taking a new idea to their boss. As a business owner you make all the decisions yourself. Some may work out and some might not, so it's important to be able to laugh and move on."
In addition, the successfully self-employed have learned how to change how they think about money, something I call "the money mind set." Here just a few four examples of how successful business owners change their money mind set.
- Invest in you. The successful self-employed invest in learning the skills sets they are missing, such as marketing and sales. The word "sales" makes some people cringe. Business owners, no matter how small or large, are in sales. Nothing happens until someone buys your services or product. Selling is simply a transaction of money. Money given for money received.
- Pay attention to money details. They pay attention to the administrative details of their business. They shop for an accountant that works with business owners. Plus they determine at what point they will hire out support functions such as a part time assistant or bookkeeper.
- Follow the dream. The successful self-employed have a rainbow that motivates them even on the darkest days when nothing seems to be working. Be sure your reason for doing what you do is bigger than your fears. Stay connected to your successes by spending more time talking about your dreams than your drama.
- Manage the isolation factor. Even if they have employees and a family, the successful self-employed also have a peer group or advisor who understands and supports their vision. They are lifelong learners who never stop being open to new ways of thinking.
Fire in your belly and passion in your heart are the prerequisites for success. Eliminating your outdated money mind set leads to greater productivity than you can ever imagine.
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