“Perfection is poverty.” This is one of my favorite entrepreneur mantras…and one I see far too many entrepreneurs fall victim to.
If Money Talked, Would You Listen?
For those of us that didn’t grow up in the lap of luxury, the fact is relatively few will ever experience it. Heck, I grew up on a farm & Nebraska and it took unlearning years of an ‘old-school’ mindset around money before I could achieve true wealth.
#FinancialFreedomFriday
Why I HAD To Say NO…
One of my signature mottos is, “Say YES! and figure out how.” I’m known around the world for it… But one of the most important moments in my life was when I said “NO.” I HAD to say no.
How Do I start a Business
For anyone looking to start a business as a way to bring in more income, there are a lot of things that need to be considered beforehand. There is a reason that so many business that are started end up going under within an extremely short period of time, and that is because they are not generating the success they were expected to. The reason for this often comes down to poor planning; so, in order to decrease your risk of failing before you start a new business, it is highly recommended that you plan out all of the most important aspects of your fledgling company and have a general battle plan for you to follow to give your business the best chance of success in the long run.
Before you start a business, you’ll want to first make sure you understand the industry and niche that your business will be a part of completely and fully. Check out the local competition online and see what their website looks like, find out how they are reaching out to their clients, and see what their social media presence looks like across multiple platforms. This will help will help you can an idea of what you are up against in terms of competition.
Once you have an idea of what the other local companies in your niche are offering to your customers, you need to sit down and answer the question honestly for yourself of whether or not you have anything new or unique to bring to the market and its consumers. If not, then starting the business you have in mind might not be the most beneficial idea for you. You need to be able to offer something new to your customers, whether it is a quicker service, a better quality product, or something new entirely that will make their lives easier or more enjoyable.
If, after all your research of your industry, you decide that starting a business is the right move for you, then good! After getting your business together, it’s time to make sure you hire only staff that are capable of meeting your expectations, and making sure you are reaching out to your targeted consumers effectively. You can do this through investing in online business through SEO and building your online presence effectively with social media, blogging, and many other means. If consumers are able to find you online, they are much more likely to buy your product or service.
Easy Ways To Make Money Online
There are plenty of easy ways to make money online, so if you are wondering how to make extra money, then online strategies might be the ideal solution that you have been looking for. However, it is important to keep in mind that, while many online articles might say they have found the ultimate quick ways to make money online, the best ways to make money are not “get rich quick” schemes but, rather, long-term efforts with extremely high returns on your time investment. These money making ideas are the best ones because they result in results that will last into the long-term and become a form of sustainable income for you.
Some of the ways to make extra money online that have been most beneficial to users are as follows:
- Survey Sites: There are tons of websites online that will pay you for taking surveys, watching advertisements, trying out products and writing reviews on them, testing websites, and so on. These don’t tend to pay very much, but they do add up.
- Freelancing Jobs: Websites such as Fiverr and Upwork, and countless other freelancing platforms, allow users to offer services to other users. If you have a skill that could possibly benefit someone else, whether it be your expertise at graphic design or your ability to make a killer voiceover, freelancing might be an option for you to consider.
- Freelance Writing: There are countless websites that allow users to write content that, if accepted, pays fairly well. If you have strong writing skills, put them to good use by writing content for any of the many websites online that accept submissions from writers
- Start a Blog: If there is anything that you know a lot about and have a passion for, start a blog on it. You can make a lot of money by blogging if you have a lot of traffic coming through to your website if you utilise advertising, sponsored posts, subscription fees for a newsletter, and so much more.
In any online money making tactic, ensure to keep just a couple of things in mind: In order to be successful, you need to take it seriously, and you need to be professional. In order to build up a client base, you need to make sure that those working with you have a good view of you. That will keep them wanting to do business with you and ordering your product or service time and time again.
Why You Need To Be Around People Who Are Better Than You
Entrepreneurs – do you want to know what’s consistently put me over the top throughout my career?
Surrounding myself with people who are playing a bigger game than me.
One key lesson I learned early that has really skyrocketed my career is the importance of surrounding yourself with bigger, like-minded wealth-builders – if you really want to uplevel your business, it’s crucial to do this.
It’s SO important to get around people who are playing a bigger game than you, people who can show you how to get to the next level, and connect you with those who can bring your idea to life.
The perfect place to do this is the Ultimate Millionaire Summit in this July 29 – August 1 in Lake Tahoe. You can go here for more info:https://UltimateMillionaireSummit.com.
The Ultimate Millionaire Summit is a 4-day intensive, gathering of an international all-star community of entrepreneurs.
I’ll be there along with some of my big-time buddies like Kevin Harrington[Infomercial creator & original Shark Tank investor], Perry Belcher [Digital Marketer co-founder, importer & investor] Glenn Morshower [star actor], Ron LeGrand [real estate investment godfather], Sharon Lechter [best-selling author], plus a bunch of others.
We all come together (along with a few hundred other entrepreneurs) to network, swap the latest million-dollar ideas, add high-level referrals, boost our business academia, & collaborate to explode our businesses even more.
We’re going to have some gold-medal Olympians on hand that’ll show you that what it takes to be an Olympian is not too different from what it takes to be a successful entrepreneur…
Now, before you check out the event, I want to let you know that everyone must apply to attend. Why?
Because we find that the impact, the relationships, the value and the success of our event increases exponentially when we curate the attendees and don’t let just anyone purchase a ticket.
You can learn more & apply here if you think you could benefit from this event:https://ultimatemillionairesummit.com
Everyone has to go through a strict application and screening process. Then our team decides if the event would be a good fit for you, and you for it. Even if you’re not approved, it’ll give you great insight as to what we look for.
Think you’re too small to play with us?
Think again … Look: I wouldn’t post about this if I wasn’t 100% certain this event will benefit you.
So here’s what I want you to know: NONE of us got to where we are today without the courage to risk and to aim for more. Almost every person you’ll stand the chance to meet at the Summit has a story that begins small.
So, don’t settle.
If your business or brand could benefit from this event, apply athttps://ultimatemillionairesummit.com and team will get in contact with you shortly.
Cheers & good luck,
– Loral
ABOUT THE AUTHOR: Loral Langemeier is a money expert, sought after speaker, entrepreneurial thought leader, and best-selling author of five books who is on a relentless mission to change the conversation about money and empower people around the world to become millionaires.
The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to hone in on the skills and talents of everyday people to inspire them to generate wealth. She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.”
To date, the company has served thousands of individuals worldwide and created hundreds of millionaires through wealth building education keynotes, workshops, products, events, programs, and coaching services.
To Learn More About Loral, Go Here: https://liveoutloud.com/about/
To Learn More About The Ultimate Millionaire Summit (July 29 – Aug 1 in Lake Tahoe), Go Here: https://ultimatemillionairesummit.com
“It’s safer to start a business than stay in a job.”
“It’s safer to start a business than stay in a job.”
Yup, read that one more time.
A lot of people fear jumping into the entrepreneurial world because they don’t feel safe. They don’t feel safe not knowing that their income is guaranteed or that they’ll be able to make reliable income. They fear going out and having to support themselves.
Let me tell you something – having a W-2 job, that’s what’s not safe.
How many of your friends, family members, colleagues, co-workers, classmates or acquaintances have been let go by a company who doesn’t care about them? How many of these people have had their position cut by a company who looks at them as a notch against their budget, instead of a viable asset? How many talented and hard-working people have woken up to an email or call from some higher-up telling them, “Thank you, but your services are no longer needed.”
…
You see, creating your own cash flow, starting your own business, making your own future – that’s the safest bet!
As an entrepreneur, who else can dictate your future when it lies solely in your hands? Who can fire you? Who can tell you you’re not good enough to work here anymore?
No one – you control the entire playing field.
So, next time you’re thinking about taking that next step into entrepreneurship and your start getting afraid, just remember – it’s more dangerous trying to keep a W-2 job than it is to strap up your boots and create your own cashflow.
Advice for asipring entrepreneurs
Some advice for aspiring entrepreneurs: Take action NOW and stop putting things off until it’s comfortable.
Don’t be afraid to ask for the cash
I don’t understand why some people have a problem making sales – more specifically, asking for the cash!
I mean, c’mon.
I’m sure you know someone who (or you yourself) has had trouble asking for fair compensation for your services. It’s easy to sell yourself and sell your services – but sometimes you have trouble ASKING FOR THE CASH. And not just asking for the cash, but asking for it BEFORE you do the work.
But think about it: Have you ever bought a hamburger from McDonald’s and paid for it AFTER you ate it? Have you ever ordered a book from Amazon and paid for it AFTER you read it? Have you ever bought shoes from Under Armour and paid for them AFTER you wore them?
NO!
So, why is it OK for you to get paid for your services AFTER you perform them? Why is it OK for your clients to wait until AFTER you fulfill your service to pay you?
This is NOT OK. Make sense?
Make a change…learn to ask for the cash up front and fulfill on the back – just like every other successful business that exists out there.
