Why Start a Business?

Starting a business is hard.  Understanding your underlying reasons for taking that jump can make the difference between success and failure.  It all starts with your “WHY?”  

action

Stop the Planning – Take Action Now

Planning is good, shoot it’s downright necessary. However, when the planning takes place of the doing, well, let’s face it, little gets done…  It’s time to stop planning and take action now. The key to success in any business is getting into massive action, doing the right things at the right time. We talk all the time here on the blog about getting the sequence correct, knowing exactly what to do when. Well, talking about it and knowing it is great, but it’s when the rubber meets the road that success happens. Successful entrepreneurs are focused, have a written down …

backup plan

Have a Backup Plan

I had a backup plan. At least I thought I did. Until it failed. Don’t let this happen to you. Just when you think you’re doing things the right way, disaster happens. Last week it happened to me. I had just purchased some new software which required the latest version of the Mac OS. As I attempted to install the latest version, something went horribly wrong and all of a sudden it looked like my hard drive had disappeared. In a panic, I tried everything I could think of to remedy the situation. From my research (aka frantically Googling) the …

goal setting

Goal Setting 2018

It’s that time of year, goal setting. While putting together my goals for 2018, I noticed that the goals I had written down for 2015, 2016 and 2017 were frighteningly similar. It appeared I had pretty much the same core goals for the last 3 years. For me that’s concerning. While I had achieved most of the goals, the problem is the goals hadn’t really changed. And the goals that I didn’t do so great at were the same year after year. Could this be happening to you too? I decided I needed to take a closer look. If my …

Discovering Your Life’s Purpose

Today I had a coaching client share with me that she was struggling to figure out her why, some people refer to it as their life’s purpose. One of the first pieces of homework I give my clients is to spend some quiet time thinking about and documenting their “why”, their underlying reasons for starting a business. She asked me to provide her some questions to help her better discover her why.  I came up with the usual; ask yourself – “why do I want to start a business?”  “What’s the big picture look like?” Then I thought, I’ll Google …

Is September the new January

Is September the New January?

I heard the other day that September is the new January. Is it? After a long hot summer of fun and frolic, many folks were talking about the desire to get grounded and back to the basics. Kids are back in school, vacations are over, time to start again. Much like New Year’s resolutions the thought was “summers over, time to set goals for the rest of the year”. I really like that idea and set about to chronicle my goals for the reminder of the year. I’ve never been a huge fan of resolutions. I typically set goals for …

How to Write a Book – Video

It came up again on a coaching call today, clients wondering, not whether they need to write a book, they clearly know they should, but how to get a book written fast. In this video I explain the simple and straightforward process I use to write books, and I’ve written several. Get started on your journey to becoming a published author today. Link to the text version. Curious how this video was made? I put the whole thing together in less than an hour! Check out how you can create professional looking videos for your business. (True disclosure, I am …

create videos

Coolest Thing Ever

Digital Marketing requires video, and if you are like most entrepreneurs you don’t know the first thing about making professional looking videos. Who has the money to hire professional videographers? My good friend and fellow entrepreneur, Jim Kaspari turned me on to the coolest thing the other day. Its called Content Samurai and it could revolutionize your business. Did you know people spend over 40 minutes on average watching online video EVERY SINGLE DAY… And that number is growing each and every month! You see, good marketing is and has always been about capturing and holding onto people’s ATTENTION! And …

investment strategies due diligence

Investment Strategies and Money Rules – Due Diligence – Part 3

Now is the time to roll up your sleeves and really get your hands dirty. Due diligence is the single most important step in investing and yet it’s the step a lot of people ignore and then complain when all their money is gone. At this point you have completed Step 1 – explored your relationship with your money and determined how much you have to invest. You have completed Step 2 and understand your risk tolerance or management style. You have identified what asset classes you want to invest in and know how much money you have to invest …

investment strategies diversification and Risk Tolerance

Investment Strategies and Money Rules – Diversification and Risk Tolerance – Part 2

The next step to successful investing is to understand your approach to risk and diversification. There are 3 basic ways to approach risk: Risk avoidance are investment strategies that do not place your principal at risk and often will offer some kind of guaranteed return. Risk avoidance strategies include CD’s, savings accounts or traditional fixed annuities. These strategies all come at a cost. The return on your investment is exceedingly small and some have fees if you want your money back before the agreed upon term. You also run the risk of your money not keeping up with inflation. Accept …