Passion is a Trait of the Mindset of the Entrepreneur

We’re going to be talking about your passion your passion for your business.

 

If you don’t have the passion to get up and do everything every day for your business then you’re in the wrong business so you get out of it.

 

So let’s look at your passion for your business.

 

Do you get up every move every morning eager to share your knowledge and skills with others or even just do the paperwork for the business?

 

Do you feel the desire to get out and do the business?

 

Do you go and have a belief in your product during your service that you believe so much in and that you’re so passionate about it you’re willing to work extra hours every day; extra hours you can spend with your family but you know that you’re going to be making life better for them if you can get your business going at a better level?

 

Than you may have the passion to be an entrepreneur.

 

Unfortunately it is a myth that it’s an easy ride to be an entrepreneur.

 

It’s a very hard one from one day to the next, you never know where your money’s coming from.

 

You never know what’s around the corner.

 

Of course we never do in life as well but it’s not like a job as being an entrepreneur you’re not getting your regular paycheck.

 

You have to bring in the money to pay  for your business.

 

So every day you have to figure out “what can I do to get my sales, my leads and my engagement to get the connections with others so that they want what I have to sell” or “what I have as a product or an idea.”

 

Of course, we’re looking at a home business and whether it is offline or online home business you have to have the passion for it.

 

You know you have the passion to do that business because:

you have a family to support or yourself to support;

you have to get out there and make the connections;

You have to do the marketing;

you have to do the networking;

you have to do the bookkeeping and other chores of being in business;

but you can leave the bookkeeping when you have the money for it.

You can do some automatic social marketing media for social media and that kind of thing for your offline business online.

 

But if you don’t have the passion to walk those dogs in your business choice or clean those floors ,if that is your business, or sit at the computer for days then if that’s not your passion then don’t do that.

 

Which reminds me, for example, I do know how to do bookkeeping and I do some volunteer bookkeeping now.  But luckily, we have a bookkeeper in our business so that I don’t have to do the bookkeeping.  Because any day that I do the bookkeeping, I’m a very crabby person because I don’t like bookkeeping. I could go out there right now and have a bookkeeping business. But I wouldn’t enjoy it. So yeah, if you have any questions about booking e-mail me but I’ll send you on to someone else who enjoys bookkeeping. :)

I have the passion for organization and productivity and keeping the business on track and getting everything ready and dealing with customers etc. etc. otherwise we wouldn’t be in this business that we’re in.

So, have a think about when you’re thinking about what kind of business you’d like to start or what kind of business do you have.

Do you get up every day realizing that it’s important for you to have the passion to be organized to be productive so that you can make the money;  make the sales; make the leads; get the engagement that you need for your business?

Do the networking; do the marketing for your business so you get more sales for your business?

Do you have the passion?

So that is the question today on Mindset Monday.

It’s probably not a good idea for you to go into business if you don’t have a certain passion in terms of what you’re doing because being an entrepreneur is a very hard life and it’s a myth that it’s easy.  It does have its pros and cons and you have to be ready to take the challenges on. But you have to have the passion first in order to be get through the challenges and get through the trials and get through the day to day  and make sure that you’re always being successful as entrepreneur.

Passion is a trait of an entrepreneur.

If you aren’t passionate about your business you’re thinking about starting whether it’s Internet marketing or it’s dog walking then don’t do it.

You need the passion.

So that’s an important point I wanted to make.

You need to have passion if you’re in business because you just need it in order to survive.

Your Big Why -Why do you want to start a home business

Welcome this is Jane Gardner and welcome to start your own home business on Tuesday.
No don’t start it today :) just start your own business Tuesday.

So,let’s start by talking about why do you want to start a home business.

For those of you who are thinking of starting a home business ask yourself “Why” first and then ask yourself “Are you willing to do the things that are needed in order to start a home business?”
“So why are you starting a home business?” Is it because you want to make more money in your life or do you want to be in control of your own life and be able to be your own boss? “Are you desperate for money?” “Are you wanting to support your family better than you are now?” Do you think that it will be a quick way to make more money but you are disillusioned because starting your own home business will always be a challenge. It will always have its freedom and it may always have its challenges as well as its triumphs. So let’s have a sit down and figure out exactly why “what’s the big why” for why you want to start a home business.

Next week, we’ll look into researching and thinking about what kind of home business you want to have. Just so you know, I am interested in talking about online Home businesses as well as offline Home business. Obviously being in a structural engineering firm, our own business that is local and we work in the local area. And obviously we’re not doing any international work or otherwise I would have mentioned it. So, but of course, now there are very few home businesses that are always local. You can always get customers on the Internet now and expand into the Internet.

So, we’ll be talking about offline home businesses as well as online home businesses.

But today I want to just sit down and ask yourself ” why you want to start a home business?”

So for example, my husband and I are in our home business and we’re both in our 50s to 60s. We’d like to retire well but basically my husband cannot retire without closing down the business or he would have to get someone else to take over. So my big “Why” is to try to figure out how I can help others start their own home business by sharing my knowledge and wisdom and some of the practical skills and technology and resources that you can use to start a home business. while at the same time, adding some revenue to our life so that we can retire.

We’ll talk about a practice as a business another day (I’ll just write that down). But our practice is not really a business. For someone who’s an individual like a doctor or dentist or an engineer where basically the business is you. So we’ll talk about that another time and another night whether you want to choose that kind of business.

But today my big why is to try and set up another business so that we can retire and enjoy our retirement as well as earning some revenue to enjoy our life while we’re retired and sharing my wisdom.
So what’s your big why?

Do you have family that you want to support? Certainly we all do have family members who need to have some support from us in terms of money. Do you have children that you want to help go to school or you want to help your grandchildren? Do you want to help other family members with some resources?
Are you looking to earn some extra revenue so that you can enjoy your retirement earlier than you expected or even not retirement just being able to support your family because the job that you’re doing right now, your day job is not fulfilling and you need another choice?

Is your Why you want to start a home business big enough so that you can be able to continue on to start your home business without quitting basically. So my big why is basically I’d like to be able to retire from our engineering firm and my husband as well and  because otherwise we’ll be working till we are 75.  So this is just my Big Why is being able to share my wisdom in order to have the revenue come in so that we can we close our engineering firm.

So what’s your Big Why?

Are you looking to support your family members? Do you have big medical bills coming up that you need to have support for? Do you have family members who are not in the best form of health and you need to help support them? Some of these things can really help you to have a think  before you start a home business to realize that you need to support yourself and your family with this.  In those days where the day is long and you’re struggling and you’re having a challenge or you don’t have the amount of money you’d like to come in that you know you have the potential to come in with your business- your WHY has to be Big!

I will help you to remember that Why you’re doing this and the days that you’re spending time in front of the computer or learning a skill or phoning up clients to find out what you need to do or even doing the work for your clients on the weekends instead of  spending  time with your family.

Are you willing to sacrifice that kind of time in order to have a better life for your family?

So that’s what you have to think about  before you start a home business. It’s whether or not you’re willing to sacrifice some time with your family or sacrifice your pleasures. Spend less time in front of the TV or take some time on the weekend and do some work that will help you move forward in your business. Or maybe you have more immediate desires to start your home business because it’s an urgent need for money. You have to realize that when you start home business you really need to have a very strong Why or why you’re doing it in order to get through the days -when you’re starting the business and when you’re struggling to get clients or you are starting to figure out something on the computer or you’re not going to your son’s baseball game because you have to do some work in order to move forward with this business.

You have to figure out if you’re willing to sacrifice that kind of time with your family in order to make a better life for your family.

So think about  your Big Why.
Why do  you want to start a home business?

Are you just tired of getting you know your current job. You don’t think it’s going to move you forward in your life. You won’t  get  the house that you wanted or the family life you want?

Are you willing to sacrifice some time and some money probably just to get started on your home business?
Whether or not, you that would sacrifice time to  get through the time that you need to work on make your whole business successful?
So next time I think we’ll talk about some of the ideas for an offline home business  because I find that no one on the Internet is actually talking about offline business.

Since we started as an offline home business,  I think we should go over some of the ideas and the things that you need to have in terms of being an offline home business. Some of the simple businesses you could have offline as a business as well as maybe  some consulting businesses you might be able to do.  So, we will talk about off line business next week.

So, have a think about your Big Why.  Think about whether or not you’re willing to sacrifice your time and maybe a little bit of money in order to get started with your Home Business.

Solopreneur Success Strategies Season Two on HomeBizStartup

How to start, run and grow a home business

 

INTRODUCTION

Welcome to season two of Solopreneur Success Strategies. This is Jane Gardner and we’re going to be talking about business startup. We’re going to be talking about starting running and growing your own home business whether offline or on.

Monday is all about mindset. Tuesday is all about starting a home based business, Wednesday is all about selling, sales and your customer. Thursday is going to be about running your home business. Friday will be running your home business. Saturday is all about putting systems in your business and Sunday is all about strategy. So subscribe to this daily podcast and help you get started running and growing your own home business For more information go to boahb.com. [27.7]

SHOW

Hi this is Jane Gardner. And welcome. This is all about you because we’re going to be talking about how to start run and grow a business in season two of Solopreneur success strategies. So I’m going to be giving you some tips and tricks in five minutes or less on the various subjects from mindset on Monday, Tuesday is about starting your home business, Wednesday is selling and sales and your customers, Thursday is going to be about running your home business and Friday is about growing your own business. Saturday is about systems as we mentioned in our introduction. Sunday is all about strategy. As it is Sunday today, I’m going to give you some strategy to think about for the idea of starting a home business. So today, I wanted to just to introduce you again to myself. I’m Jane Gardner. I have a Web site Jane-gardner.com where I talk about sales and I’ve had my Solopreneur success strategies podcast there as well as the web- tv show and we talk about your message and your brand and who you are and how you sell. I have started a Web site called boahb.com which is the business about home business membership where you’ll be able to go in and start learning how to run and grow a home business.

But today I’ll just talk about myself and why I think I can help you. I’ve worked in engineering firm with my husband for the last 20 years. We started in about the 1990s when the Internet was just in its infancy.

Our business was always very local based and wide in terms of our clients. Now in terms of where we are in western Canada, we basically do renovations and retrofits and some new construction. My point to all this is that most of the time we are a “word of mouth” business that is local. So if you have a good “word of mouth” on your business then you get more business. So that’s a tip for you on starting a home business in the local area.

Always make sure that you have good word of mouth about your business.

In about 2013, I decided there might be time for me to go out and help other people start their own home business and find out what the resources and tools and the ideas and mindset that you need in order to start a business. So that is why I am here now. We’re going to do Season two of Solopreneur success strategies just talking about starting running and growing your business as well as putting together a strategy for your business.

So today I just wanted to talk about the first strategy that I want to talk about which is if you’re thinking of starting a business consider it as to be a business that you will start part time. You will not quit your day job in order to start on business even though you know it might be a successful business until you start selling in your home business. You really should consider testing your idea and doing some research as well ,as of course, trying to sell your service or product to your market.

I would certainly suggest today that you consider buying the book “Reluctant Entrepreneur” by Michael Masterson.

It’s a great book to read to realize that you need to be able to test the market before you actually start a business in order to see whether or not they’re interested. So one of the ways I test the market is by having this podcast and seen how many people want to listen in. One of the ways that you can test your product or service is to do something like this and do a podcast on the subject. You’d be surprised what kind of people are interested in it and you can find your audience there as well. So that’s one thing you can do certainly for free. It’s just a matter of using their time and getting the voice in order to learn how to create a podcast. So we’ve given you one tip.

First don’t quit your day job.

 Recommend to get the book “The Reluctant Entrepreneur” by Michael Masterson to give you some ideas.

I’ll be giving you some other ideas from that book in order to get you going and thinking about starting your whole business. And of course on Tuesday I believe is starting your home business will be given you more tips about how to research and find out how are whether or not you should start the business you’re thinking of.

The other idea is why not do a podcast and see whether or not there is a market out there if there’s people who are will listen to you about your business. That’s the other tip.

Certainly in my business about home business we can certainly learn about how to do the research very easily in order to find out about your market. We’ll be talking about other ways to find out whether there’s a market out there for your business. But today I just wanted to introduce myself on Sunday.

Monday will be about mindset when starting the whole business and I will give you tips and tricks to think about selling on Wednesday. Thursday will be running a home business , Friday is growing your own business and Saturday is systems. On Saturday, systems will help you to save time and money. Sunday will always be about strategy.

So today we talked about having this strategy to realize that you shouldn’t quit your day job. You should do this new business you’d like to start part time and see whether or not there is a market out there by selling it and testing whether or not you can sell the product or service out there. So we’ll talk a bit more about that next Sunday. But for now this is Jane Gardner on Solopreneur Success Strategies. This is season 2 and we’ll be getting into the nitty gritty and down and dirty for starting your own home business and running and growing it. So thank you for listening. I hope that this podcast will give you some ideas to think about and subscribe on Itunes.

[7:41.6]

How to Start A Home Business Quickly!

At the Business of At Home Business, we help you with the “Other” business around your Idea for a home-based business. Whether you want to work full-time or part-time, we can help you focus on your home business idea and increase your revenue, productivity and efficiency in running your home business.

When you are ready to grow your home business past the local market and get online, we have expertise in our membership on creating an international presence on the internet so you can connect and grow your business to a worldwide market.

Many Babyboomers believe that it is possible to get a business quick on the internet. 

But nothing could be further from the truth.

However, it is possible to build a lifestyle business that will allow you to have the freedom you want in your life while creating a business that supports that lifestyle. 

Here’s a huge problem you face right now.

It’s not having the knowledge to setup and grow a home business quickly.

But that’s not the end of the problem…  What makes this even worse is the fact that they need money in their life right now!

Which means you feel overwhelmed and stressed with all the skills you need.

And, worst of all, many babyboomers looking to start a home businesss can’t get past the myth that it is possible to get money quick on the internet.

All this can make trying to figure out how to create the foundations for a home business quickly so you can grow a nightmare!

So, if you’re a babyboomers who want to make extra money for your retirement, then this is exactly what you’re looking for.

What is the source of your Limiting Beliefs on Mindset Monday
Limiting beliefs come from an actual place in your lifetime experience. Entrepreneurs often fail because they cling to limiting beliefs they’ve been conditioned to hold.

Limiting beliefs come from experience, and they can often come from very early life experience. They can even come from early childhood education. Generally speaking, society doesn’t raise children to become adults who think like entrepreneurs. In order to fit into society as adults, we are conditioned to think in more fixed mindset terms, especially as they relate to intelligence, money, and authority.

Once you can recognize the inner critic, you can learn to control it. The way that you interpret challenges, obstacles, or criticism that you face is up to you. But this is the most challenging step for most people. It is difficult to reframe the voice when you have well-grooved patterns.
The way to think about reframing is to imagine giving advice to a friend.
Naturally, you would never use a harsh, critical voice when trying to help a friend.
If you would never do this with a friend, why are you doing it with yourself?
We are generally harsher on ourselves than we are with others, so instead of talking to yourself, imagine that you’re giving advice to a good friend.
Now, imagine that you’re giving them advice and reframe the negative statement that was made
After reframing comes action.
What challenges can you take on in order to foster and nurture a growth mindset?
What challenges have you been avoiding?
Choose a challenge and try it again, but this time, turn your fixed mindset around.
Find a work-related or personal task that you’ve either been shying away from doing or that you feel you’ve failed at.
For example, perhaps you always put work first and your eating habits are not the best. How can you challenge yourself to create better eating habits?
Maybe there is a skill you’ve been wanting to learn such as cooking but the idea of trying again gives you a sense of anxiety.
There might be an important client you’ve been meaning to contact but shying away from.
Start with one challenge, and you can then apply it to the next challenge once you have success with the first.

Many small businesses operate under an employee mindset. If your goal as a small business owner is to grow, you need to think like an entrepreneur.A Entrepreneur has big ideas
SBOs solve local problems. They know their business and target audience.To develop your success mindset
go to http://jgtips.com/smindset.

There are some steps you can take to move you toward a more growth-oriented mindset
Step One – Awareness: Hear Your “Fixed Mindset” Voice
You most likely know this voice, even though you may never have identified it as an “inner critic.” The first step is to identify that voice and identify the times when you hear it.
These are situations where you are brought back to a fixed rather than a growth mindset.
To do this, you simply need to practice awareness.
Start by identifying the voice when you hear it.
Next, try to remember what event preceded those negative thoughts.
It’s a bit like trying to identify what is causing a stomach ache.
You have to go back and try to remember what you ate just before.
If you’re not sure you’ve identified your inner critic yet, try looking for cues.
For example, look for times when you find that you’re doubting yourself,
saying something like, “Can I really do this?”
Or be aware of when you’re focusing on failure rather than success;
for example, where you’re worrying about what will happen if you fail at something.
A good place to look for your fixed mindset voice is any time
you’re trying something new or challenging.
Step Two – Reframe
Once you can recognize the voice, you can learn to control it.
The way that you interpret challenges, obstacles, or criticism that you face is up to you. But this is the most challenging step for most people.
It is difficult to reframe the voice when you have well-grooved patterns.
The way to think about reframing is to imagine giving advice to a friend.
Naturally, you would never use a harsh, critical voice when trying to help a friend.
If you would never do this with a friend, why are you doing it with yourself?
We are generally harsher on ourselves than we are with others, so instead of talking to yourself, imagine that you’re giving advice to a good friend.
Take each statement that your inner voice gives you and imagine
if it were a friend, your partner, or a family member who was saying it to themselves. Now, imagine that you’re giving them advice and
reframe the negative statement that was made.
Skills examples
Fixed Are you sure you can do that?
Growth I’m not sure I can do it, but I can learn with practice and effort.
Fixed What if I fail? I’ll be a failure.
Growth All successful people have failures. I can learn from my failure.
Step Three – Action: Take on the Growth Mindset
After reframing comes action.
What challenges can you take on in order to foster and nurture a growth mindset?
What challenges have you been avoiding?
Choose a challenge and try it again, but this time, turn your fixed mindset around.
Find a work-related or personal task that you’ve either been shying away from doing or that you feel you’ve failed at.
For example, There might be an important client you’ve been meaning to contact but shying away from.
Start with one challenge, and
you can then apply it to the next challenge
once you have success with the first challenge.

The Challenges and reality for Babyboomers as they get close to retirement

Have the challenges of the Babyboomer generation made it impossible to retire?

According to Gallup article, babyboomers still work even though they are eligible for retirement.

Although the first wave of boomers became eligible for early retirement under Social Security about six years ago, the generation still constitutes about one-third (31%) of the workforce, similar to percentages for millennials (33%) and Generation X (32%). via Many Baby Boomers Reluctant to Retire | Gallup

So, why aren’t more Babyboomers retiring?  Well, besides the normal challenges of increased cost of living there are other expenses that were not considered:

For example,

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Medical expenses for themselves or their family members

When we were younger , did we think that we’d have to pay $10,000 for dentures?

Lack affordable health insurance plans, rising medical costs in general, long wait time for procedures and the massive explosion of the babyboomer population entering the years where they will need more health care, the rising phenomenon of medical tourism also called medical travel or international health travel via Medical Tourism Being Seen as an Alternative To Obamacare

Inconsiderate planning for retirement

Did you have training when you were younger on how to save for your retirement?

Over half of over 55s who currently earn £20k – £30k have saved less than £30k for their retirement. This translates to an income of around £165 per month. Yet despite this, almost a quarter of people (23%) in this category anticipate a retirement they describe as “comfortable”, demonstrating a dramatic difference between what they are used to and what they might actually afford. via Babyboomers reinvent retirement pJ 

Unexpected support of family members

When you were young did you know that besides supporting your children, you would be supporting your parents as they got older? It is not usually planned that you will be the caregiver of your parents. 

The number of older people with intense care needs will outstrip the supply of informal care from family members in 2017, with the consequent ‘care gap’ affecting as many as 230,000 people by 2030. via Thousands won’t be able to rely on family in old age. We need a contingency plan

Little did you know that when you had your children graduate from college that due to the economy and or cost of living, they return to your house a few times to live. Your children want a life of their own but the uncertain economy has made them return to their family home.

 

In the past decade and a half, according to the Economist, about 3.2 million 20- to 34-year-olds have gone back to live with mum and dad via Let’s see some babyboomer rage about Generation Jobless

Many seniors are realizing that what they’ve saved for retirement years isn’t going to be enough to support them and even provide them with necessities – much less the luxuries they’d like to enjoy.

That’s why so many seniors are building online businesses well before the retirement party. One of the benefits of building a part time business in your spare time before you retire is that you’ll already have an income and it can increase as your business grows.

Having a second business to pursue after retirement keeps your mind sharp and you won’t ever get bored if you’re committed to your business pursuits. But this time you can set your own hours and only answer to yourself as the boss!

For more about How to Get a Lifestyle Business Online and how to get an alternate retirement fund even before you retire, go and sign up for my free 30 minute training video which include the book How to Get a Lifestyle Business Online