This question is so important that everything that you do from this moment on will hinge on it! Do you believe?
Do you believe that you can start a business? Do you believe that you can be better than what you are now? Do you believe in yourself?
Ultimately this answer determines the rest of your life!
You have to believe in what you are doing before anybody else can. This means when feel like giving up, you keep going. When you have no idea which way to go, you keep going!
I will share a personally story. I am a Domestic Violence survivor. I could not find one attorney in the city I was living in to represent me. Everyone said no, and told me good luck on finding someone who will take your case. After about a month of hearing no, I decided that I would JUST DO IT myself!
I printed and learned the laws on Domestic Violence and what I needed to do and I represented myself in court-complete with documentation and findings.
I simply BELIEVED IN MYSELF!
When you believe in yourself others may not understand and some may not take the journey with you. It is at that point that you must BELIEVE IN YOURSELF !
I understand the frustration of not knowing or perhaps starting to doubt yourself and your dream! I’m here to
tell you that I BELIEVE IN YOU!
It cost nothing to schedule your appointment for your FREE CONSULTATION.
It may be the very thing you need to renew your dream, your passion and to recharge and say I BELIEVE!
Is now the right time to open the business that you want? Honestly, we all want to have our own business and be financially stable immediately. However, as entrepreneurs we have to consider what the current market looks like for that particular business.
For example, when the housing market crashed, that may not have been the best time to become a realtor.
Research what others are doing in your field. Who will be your competition? As an entrepreneur you have to think about every aspect of a business because you are now no longer an employee but a business owner. Evaluating your surroundings is critical to your success.
Taking the time to evaluate your surroundings will be beneficial in the long run. It will help you develop a great marketing plan and it will position you better for understanding your business. You will get the answers to the following questions:
Answers to these questions will help decide your future as a business owner. I urge you to take time to think about your future business endeavors and evaluate your surroundings.
Evaluating your surroundings also means using your resources. Contact Waddell Consulting Services today to
schedule your FREE 30 MINUTE CONSULTATION.
Today’s topic is courteous of Christopher Gee, Owner of FHIR a Non-Profit Organization in Charlotte, NC.
So you are not in your 20’s or 30’s ok your close to your mid 40’s or perhaps early 50’s. GREAT! Truly, when starting your own business age does not matter – you are the one in charge! What does matter is what you are going
to offer your potential customer.
It really doesn’t matter what age you are starting the important thing is that you are starting now! A plan of action is vital to anything that you want to do….
Now, what if you’re so young you don’t think anyone will take you seriously? The fact is that you are offering a product or service to your customers that someone is not. Or you are offering it differently than what your competitors are.
In the beginning it will be a challenge to set yourself apart however, with some hard work and dedication you will do it.
Don’t let age stop you from pursing your passion, following your dreams and living a fulfilled life. Don’t live with the regret of never trying!
Contact Waddell Consulting Services today and together we can get you started, help you stay focused and meet your goal of being a business owner!
Here are some great motivational thoughts to help get you in the right frame of mind:
Think of what is possible, instead of what isn’t!
The success in my life is a reflection of my successful attitude.
I Persevere, I am relentless, I persist, I keep going!
You think you’re ready? You’ve been doing this for a while and perhaps you have paying customers and things are going
great. Before you JUMP into your business FULL TIME let’s look at some of the questions
1. How much are you making as a percentage of your day job?
2. How is the income trending from your small business? Is it a steady income or sporadic?
Deciding when to quit your day job is a serious decision and there any many factors that need to be considered before you make that JUMP.
One of the things to look at is how much are you making as a percentage of your day job? For example do you make $60,000 (yr.) at your present employment and income from your business is equal to $30,000 a year?
This would require a serious life style change and a big sacrifice. Or perhaps you make $35,000 a year and the
income from your business is $40,000. It would seem as if everything would be great.
Here are some more questions for you BEFORE you tell your company exactly what you think:
1. Are you customers regular? And dependable?
2. Is your income residual? Meaning if you’re not actively selling something will you still have income from your product or service?
3. Will you be able to pay your bills from your business?
If you can answer YES to all of these questions- CONGRATULATIONS you are on your way.
However, if you are like most startups your customer base is not solid just yet; at best you have a few clients perhaps every 6 to 8 months.
Starting your own business of nonprofit can be an extremely exciting time nonetheless; you want to be careful about how soon you quit your day job to pursue your business full time.
I love to share information and make sure everyone can make an informed decision. If you are just not sure where to go from here or if you are wondering exactly what do I need to do about those sporadic clients- contact
Waddell Consulting Services today for your FREE 30 MINUTE CONSULTATION.
What If I’m a Single Parent?
If you have read my blogs lately they are usually short and sweet
and to the point as well as addressing some obstacles or road blocks you may be encountering before you decide that you want to start your business.
Single parenthood whether you are male or female is a challenge even for the best of us! Some of your duties may include: multitasking, feeding people, cleaning, working, homework, if there is more than one child arguments, and
you have to be everything to everybody. Where are you going to find the time to fit in a business!!!
Easy the same way you find time to watch your favorite TV Show, the same way you find time to talk to your girlfriend on the phone about the lousy day you had at work, the same way you find time to go hanging out at the bar after
work-because you need to relax!
I am a firm believer that when you get tired of something you will do something about it. Are you there yet?
If so let me tell you some babies steps you can take because I don’t want you to be in shock and then be so overwhelmed that you stop!
1. Decide on what you want to do
2. What entity is going to work best for you
3. Dedicate 30 minutes every night to putting your idea on paper to see what it looks like
If the steps are broken down then you are less likely to become frustrated with what has to be accomplished.
I am a single parent and I know that time is a valuable thing however, if our time is managed correctly
then we can accomplish a great deal.
Email me today for your FREE 30 MINUTE CONSULTATION and let me help you take those steps to doing what you’re passionate about. In those 30 Minutes you may discover you’re ready for the NEXT STEP!
The difference between the two really depends on the scope of services that you want to offer and how you want to offer them. I am going to make this as SIMPLE as possible!
Nonprofit does not earn money (profits) for its owners. ALL MONEY (profit) earned by or donated to the organization MUST be used in pursing the organization’s objectives. A nonprofit usually provides a public service.
An important thing to remember about nonprofit organizations is that no one can guarantee you grant money unless they are the ones actually giving you the money. A very SIMPLE example of how it works is this:
1. Find a grant
2. Following the instructions and do exactly what the grantees is asking for
3. Submit your documentation
4. WAIT on a response
That’s it! The final decision is up to the grantor! No one can promise you that your grant proposal will be approved. I made that mistake and spent well over $1500.00 for a packet and at the end of the program I was left with a stack
of paper and no grant money.
IF you want your nonprofit to solely depend on grant money you will need someone FULLTIME to research for grants it is not just a one-time thing!
Establishing a nonprofit will take a great deal of detail worked and being very descriptive on the services that you want to offer to your community. There are fees associated with creating a nonprofit; the fee amount depends on the
state that you live in.
For profit business is just the opposite. If you want to be a sole entrepreneur then you are finished with establishing your business. What does that mean, it means that you have chosen not to incorporate, form a partnership, or become a LLC. You have chosen to be your only employee! Can you change this status after your business has grown absolutely!
Once you change the status of your for profit organization there are fees associated with filing the necessary documents.
These are just some very basic difference between a nonprofit and for profit organizations.
Still have questions?
Contact Waddell Consulting Services for your FREE 30 Minute Consultation to get your questions answered.
Remember that song? Of course you do! Friends are awesome! However, when it comes to friends and business sometimes things are NOT that awesome!
Take a look at the following scenario:
You and your friend have talked hours on end about the great business idea that you both have. A decision has to be made on how it is going to look, how everyone’s way life will change and how much better it’s going to be.
There is a BIG difference between being friends and being business partners. If your friend is a procrastinator now, they will be one when you are business together!
If they are too tired from work to work on the business – they will always be too tired.
Some questions to ask you and your potential partner:
1. Who is going to be the final decision maker?
2. Who will actually do the work of the business?
3. Who is in charge of the money and who will handle the finances?
4. What happens when one person is not pulling their weight in the business?
These questions are not meant to break up friendships however; it is a guide to help open discussions on important topics.
If you need help having that difficult conversation schedule your FREE 30 MINUTE CONSULTATION so that I can give you some pointers on how to get started.
REMEMBER YOUR IDEA OF SUCCESS AND COMMITMENT IS NOT THE SAME AS EVERYONE ELSE
How many have us have said any of the following? :
· I want everything to be perfect
· I am a perfectionist and if it’s not perfect then I can’t do it?
· I need to have everything done before I ask someone to help me
Often times, using the statements above is just an excuse for not accomplish something, it is a fear of actually having to do something and then to be criticized for what you have done.
I can absolutely guarantee you that you will never start! Perfect, when you’re starting a business or a nonprofit, does not exist.
Whenever we start something we have to be open to making mistakes and accepting that things may be less perfect. The important part is just STARTING!
Waddell Consulting Services can help you get started and understand that you can achieve goals on your way to perfect.
Family, Friend, Co-worker, Neighbors you can use a ton of names but eventually you will need to ask someone a question and unfortunately the family and friend sector is NOT going to have the most reliable answer.
Consulting or business coaching offers you the opportunity to talk with a professional who can objectively discuss your idea, give you feedback and suggestions. I have been through the process and I will have answers to your question.
Coaching allows you to ask any question, give you direction and most of all you are accountable to someone. Often times, we have great ideas of starting a business or a nonprofit but when it comes to implementing them, we fall short!
I have been there! I understand the frustration of knowing that you could truly do something great but being so exhausted that mentally and physically you don’t have the energy to complete it.
Waddell Consulting Services can offer that one-on-one session that you need to get your ideas started. Or perhaps you need someone who will hold you accountable as well as give that extra push you need to carry out your dreams.
It is my passion and it brings me great joy to watch other people succeed and to give some helpful information and direction along the way.
I look forward to listening to you and providing the direction and support you need to get started on making your ideas a reality!
Contact me today for your FREE 30 MINUTE CONSULTATION
Great questions and I am glad you asked! There is so much you need to do first before you actually need money! The majority of it will be sweat equity!
Let me explain it like this when you look at your local grocery store what do you see? The groceries? The cashiers, the signs etc. . . . What you don’t see is the work that has happened behind the scenes to make all of that possible. The same is true for you as a new business owner or someone who wants to start a nonprofit.
First, thing you need to do is decide what you want to do; remember the list I asked that you create? Once you have decided what you want to do with your passion. Now you’re ready for another ACTION STEP!
Second, is deciding what type of business entity is best for you; for profit or not for profit (nonprofit). Which one is better suited to provide your service to your potential customer?
Next, is gathering the necessary information together to create your vision and dream and make it a reality!
The entire process, depending on how committed you are to achieving your goal could take 6 to 12 months.
Sounds simple enough?
I will share a very valuable lesson with you:
Yes it is simple enough; I have it in three easy steps HOWEVER, you must stay dedicated, motivated and focused on your end goal. CONSISTENCY IS CRITICAL!
Now you are telling yourself I can do that ! ABSOLUTELY you can. So what do you need Waddell Consulting Services for?
You need Waddell Consulting Services for those times when you can’t find the answer, when your resolve to continue is zero or when you are simply lost and confused among the paperwork and what steps really do come next.
It never hurts to ask and have a trusted advisor on your side when you are making serious life decisions.
Contact Waddell Consulting Services today for your FREE 30 MINUTE CONSULTATION and let me give some clarity and ease for you along your journey of becoming the best business owner and community outreach program!
J’Anmetra is uniquely positioned to understand the many nuisances business owners face when they’re just starting out. Coaching services are provided online, via email, in person, or via phone. As a survivor of Domestic Violence J'Anmetra has lived by the following quote that motivates her daily is from John Wooden