Business modeling and plans are key factors to success of any new and growing business. Find out about training center business models with help from a money expert, sought-after speaker, best-selling author and President and CEO of Live Out Loud, Inc. in this free video clip.
Shark-Made Millionaires San Francisco Tour stop featured in media
The godfather of infomercials Kevin Harrington and I will be in San Francisco this Tuesday for the next stop of our Shark-Made Millionaires Tour! I’m teaching you how to sell what you know, and he’s teaching you how to market what you know to the masses & secure funding from a shark!
It’s going to be awesome, come check us out if you’re in the area…totally free!
Entrepreneur Burn Out
Late last year, I was smack-dab in the middle of an over-packed travel schedule, more JV’s than I could count, new projects popping up left and right, and amazing new partners presenting themselves by the boatload – all this while trying to be a good mother to my two kids.
In 2013 all together, I was on almost 100 stages and was away from home for more than 200 days. Yup, almost 2/3 of the year.
Day after day I would grind and grind and grind until it finally hit me – burn out.
Yes, I have a big group of virtual employees, a large in-office staff, widespread international offices…but I’m also an entrepreneur.
As you well know, entrepreneurs have 10 ideas an hour – minimum. And I have a huge issue with saying the word “no” as opportunities come my way.
Entrepreneurs, we’re weirdo’s.
We get this thought in our head that if we don’t do it ourselves it won’t be done well enough. Or that it’s cheaper to learn to do something ourselves rather than outsourcing it.
We have some serious issues going on in between our ears.
I do, too…I plain did too much and burned out.
I won’t lie to you: The entrepreneur life is really about freedom and designing the life you want … but behind the scenes, it can be messy.
I wasn’t my normal, blow-your-socks-off-with-my-energy self.
So, I took some time away.
I had to get away to be with my kids, doing things that didn’t involve wrecking my brain.
It was amazing to get away.
I bounced back with a fierce rejuvenation – just ask my staff LOL.
I learned a lot about myself through this trial, mainly to follow my own advice better and sequence my business according to my values.
But do you want to know the most amazing part, the silver lining, the blessing in disguise from my messy situation?
I had a team to keep things going and running smoothly.
Nothing crashed.
Everything ran as planned.
It was as if I was not even gone.
You do that by hiring the right people in the right roles, and having the right systems in place.
To tell you the truth, I’ve grown this team over the better part the last 20 years.
The main reason was that I did not want to be run by my business anymore.
I wanted to run my business.
Because here’s the stone-cold truth: I don’t care how automated your business is, if you overdo things by yourself as an entrepreneur, I guarantee you will hit that wall.
That wall stinks.
But I’m to the point now where I can take weeks off – literally weeks off – and my business doesn’t miss a beat.
It’s unbelievably relieving knowing I have a more-than capable team to run the ship if I’m out…
Why do I tell you all this?
Because maybe you can relate.
Maybe you have this “Superhero Syndrome” too. You try to do everything, jump on every opportunity, give every single thing your undivided attention.
Maybe you’re just like me and have this ill-advised thought that if you don’t do it yourself, it won’t be done the best it can be (this is totally wrong, by the way).
This won’t work for long.
Eventually, you’ll overwhelm yourself, snap into reality, and realize that even if there were 48 hours in one day, you would still not be able to accomplish everything on your own.
So, outsource it.
Train people and trust people.
Create a strong, responsible, visionary team around you to carry the torch when you have to take some time for yourself – we’re all human.
Learning to have faith in your team is a process, but you’ll get there through finding the right people that fit your values – I don’t doubt it.
Trust me, you’ll be much better off in the long run.
Because what I’ve learned is that when you’re building your freedom, building your team, taking more things off of your plate…not only do you get more time…but you become way more successful!
So, don’t end up where I did.
If you’re on the path to burning out, take a step away from what you’re doing and ask yourself: What can I train and trust someone on my team to do so that I will never have to do it again myself?
Trust me, you’ll be a lot happier once you do.
Cheers,
What Is the SWOT Analysis for a Wedding Cake Company?
Small, service-based businesses are the fastest and easiest way for you to get into business quickly. Find out about the SWOT analysis for a wedding cake company with help from a money expert, sought-after speaker, best-selling author and President and CEO of Live Out Loud, Inc. in this free video clip.
What business would you start if you knew you WOULD NOT fail?
I asked this question on my Facebook about a week ago & got some pretty cool responses. I love asking this question to people I meet at my events, just to gauge their creativeness and open their minds up to endless possibilities!
So…what business would you start if you knew you WOULD NOT fail?
Tell me in the comments section below!
Loral Langemeier’s Top Tips To Build Your Network Marketing
These are my top tips to building your network marketing into a sustainable livelihood!
They’re simple, yet SO effective. Enjoy!
Good luck & contact my team if you need help!
–Loral
Can You Write Off a Bad Investment in an LLC?
As you begin understanding and evaluating investments, it’s inevitable that over time one of those investments may not pay off. Find out if you can write off a bad investment in an LLC with help from a money expert, sought-after speaker, best-selling author and President and CEO of Live Out Loud, Inc. in this free video clip.
The Importance of Exercise on Your HR
As a business owner, thinking about human resources at a high level might not seem like a priority given your day-to-day challenges. Find out about the importance of how exercise affects your HR department with help from a money expert, sought-after speaker, best-selling author and President and CEO of Live Out Loud, Inc. in this free video clip.
Live Out Loud 2014 Values
Here at Live Out Loud, we live and breathe by our values.
Your values are what dictate your daily actions and command your life goals.
Our commitment to our clients and creating an entrepreneurial community that is unmatched in terms of resources and opportunity is what drives us every day.
With us being almost 60 days into 2014, I wanted to share our values with you and ask you for yours – what core values drive you to be the best you can be? What core values are you unwilling to give up at any point?
I’d love to hear your answers in the comment section below!
Live Out Loud 2014 Values
Challenge
Charity
Collaboration
Community
Connection
Decisiveness
Determination
Family
Freedom
Gratitude
Harmony
Humor
Health
Independence
Integrity
Leadership
Meaning
Peace
Prosperity
Resourcefulness
Self-Reliance
Strength
Teamwork
Unity
Well-Being
Wealth