Tuesday, February 10, 2009

How To Fight The "Do Do" Disease

An out of the blue call from a lady I met last year got me all excited. She's an incredibly talented dress designer and in her words "I dont need patterns" and "ideas just come from me" got me even more excited. The reason is, one of the many things that I have planned to do in conjunction with IWW is to release a line of chair accessories. I have already made mockup..rough ones and had hoped to get proper samples made in the very near future to help me make my millions....well so I thought.

Until I was reminded of the 2 books I am currently reading in my preparation to do my best for IWW Magazine! One is "Cashflow Quandrant" by Robert Kiyosaki and the other by business expert Micheal Gerber "E-Myth Mastery". While reading the begining of E-Myth I learnt something that really made me step back because I'm not exactly an entrepeneur as I thought! Why??? because "i do do do" all the time or as Gerber puts it I need to work more "on" the business than "in" the business.

I'm having such a hard time because " I'm a chronic "doer" and until yesterday(I have relunctantly changed my mind)I had such an urge to go full on with my accessories idea without doing any real research first(if I'm not doing anything I'm not being productive right??) so I have to consciously slow myself down before jumping on my next new idea bandwagon. So last night I wrote about 20 business questions....how will i distribute it? how much will it cost to start? how much will it likely make? whats it dependant on etc etc and I couldnt answer 1/3! Again I had started "do do doing". So my tip...read these 2 books and work on your business first. Robert Kiyosaki has a fabulous pyramid for business success. On the base of the pyramid is "Business Systems" and at the top "Product". I had started with the with the product first....time to start again. So its time out for me and instead of jumping into "do do" hold back and "think, think" first!!! Oh and read those 2 books you'll love them.

Sunday, February 8, 2009

Business Blunders..how to avoid them!

Most of my magazine right now is on about 60 sheets of paper. I am heavily researching and reading lots of books to give myself the highest chance of success. We've all heard the 4 in 5 business fail and with all the ideas I have had...of which none have worked I dont want to go down that track again...especially at 37. With getting older and not having children yet I really need to start earning money from home so that I can be an at home mum....with a homebased business....my ultimate goal. I knows it the only way I will be truly happy as my entrepenueral spirit wells inside of me all the time.
I have absolute moments of brillance and then I think oh know cant do that! Urghh so annoying but that is why I'm writing I want to get over these hurdles this time once and for all. So while researching today I found a fab site called http://www.entrepreneur.com/. Check it out, I've just been on it for 10 minutes and have now have to find the answers to these questions.. "What does my brand mean??" How Do I Create Loyalty With My Customers and "What Is My Story"...crap! But better to work on them now! I'll let you know my answers in my next blog!

Frustrated Entrepeneur and Rising Magazine Magnet to be! xx

Friday, February 6, 2009

Mental Meltdown!!

Besides the history making heatwave that is hitting our city...(today was 43 degrees celcius and tomorrow is 41 and the last 14 days have been above 36 degrees). I had a mental meltdown. What that means is I started to think shit how is this going to happen!

How am I going to have enough money, how can I do this by myself, how will I pay people when I dont have it..urghhh. It was a downward spiral that lasted easily a few hours. Mind you during this I was listening to a personal development tape, a great series aimed at mortgage brokers helping them to increase their business sales etc. The whole time this man was talking about how to motivate staff and what business procedures to put in and how you should be doing 10% of the work and having others do the rest...urghh I wish!

And I thought where is the god dam tape that teaches you how to make money without money!!!! Dont worry I'm working on a book about that now! But still far out I need it now. Urghh. Anyway back home and in cooler conditions and now getting a hold of my finances...rather than avoiding them. I fixed it...well sort of...I've bought myself time excellent!

So whats my tip to get over it. Keep reading, put that cd in your car and slowly you will work your way around it...oh and what works for me is fear!! Hate to say it, I cant bear the thougth of living ....for me what would be a mediocre life, its just not for me and I know that I will be terribly unhappy. So thats it. You'll comeout of it just like I did...in the meantime I need to find a graphic designer that will work really cheaply...how will I do that?? Any ideas please let me know asap!

Sam

Tuesday, February 3, 2009

How To Save Time & Get Your Business Right

of the most memorable lessons that I have heard from speakers all the time is "Modelling". Tony Robbins talks about it a lot as a way to fast track your road to success. Have you heard of the term "dont try to reinvent the wheel?" or "all success leaves clues"....well that is what they are talking about.
Rather than start from stratch look for other businesses similiar to your own that are doing extremely well and "model" them. Now the world "model" does not been "COPY EXACTLY" rather it is to use them as an example and follow their lead remembering that they have already spent time, resources and money to get where they are now.

In my quest to get I Wish Weddings Magazine up and running I have been scanning magazines and tearing out pages of what i like (wedding and non wedding magazines) making little notes of things I think work well. I have chosen 4 magazines that I absolutely love and I am combining all those traits together. Now while I sure I could think up every little thing that is required (and there are 1000's) I do not have the time or financial resources to support myself while I do this! Hence the use of modelling.

So today I am putting together all the pieces of my magazine together based on all my research and notes that I have made modelling my 4 favorite magazines. I suggest if you are starting a business or are in a business already is to fast track your success (and save stress and money) is find a business that you want to model... it may even be your competitor and try to incorporate some of the systems or processes that make their business more successful into yours.

Goodluck!

Sunday, February 1, 2009

Essential Reading If You Want To Keep & Make More Money

I love our local library, its absolutely awesome and almost always walk out with a pile of books, magazines and dvds under my arms. Because I'm working on my magazine I really like to read books written by famous business people. My most recent trip I picked up a booked called "Why You Want To Be Rich" written by Donald Trump and Robert Kiyosaki.

This book is amazing and reinforced to me the power of always reading and keeping up with what is happening in our global economy...particularly now. My strong suggestion for todays blog..no matter what your situation is to jump onto this site http://www.richdad.com/ it belongs to Robert Kiyosaki famous author of "Rich Dad Poor Dad"...another book that I would highly recommend. He has several 3-7minute videos about wealth and how to see saving and investing differently. He is also writing a book called "Conspiracy of the Rich" The 8 New Rules Of Money....this is a must read for EVERYONE whether you are in business or not it is critical that we learn more about money and increase our financial education immediately. So enjoy I certainly did and it has changed the way I look at my business and I am making changes to how it works immediately. I will discuss later. Lets face it you spend all this time creating your business now learn how to maximise the money you make from it to give you the lifestyle you wish for.

All the best!