“The reason you become an entrepreneur is not about the money, BUT The way you succeed as an entrepreneur is all about the money”
I started working with an Inner Voice Coach – someone who could guide me in business and also who can provide me with spiritual guidance. When we started our work together, we were mostly focused on the business. I was asked to answer a series of questions that went something like this:
1. What is the most profitable business?
2. What offers the quickest sale cycle?
3. Who offers the least purchasing resistance?
4. Who provides the highest potential for repeat purchases?
5. Who provides the highest potential for referrals?
6. What groups do you LIKE and who will like you doing business with them on a regular basis?
What struck me when I got to the last question was that my answer wasn’t in line with the answers to the 5 questions before that. And so it came clear to me that “begin with the end in mind” was something that I would constantly have to re-assess as my business evolved.
So that’s why I say The reason you become an entrepreneur is not about the money – because I have to stay true to my purpose and keep that vision clear at all times. But the second half of that is what my business coach said to me and I quote
Please understand that it’s all right, not to have money is the primary motivation, but business is all about dollars and cents out in dollars and cents in and the difference is the difference between loss breakeven or profit. So while you may not want to have money is the primary motivation. It has to be an equal primary focus of any business, which is why I now say, The way you succeed as an entrepreneur is all about the money.
So here are the 3 important points I want to leave you with today.
Create Your Vision
Surround Yourself with the Right People
Understand that your livelihood is a Business and you must put a business structure on it.
As always, I would love to speak with you. Just email me at email@example.com and request a strategy session. Or feel free to email me your thoughts and comments.
Until Next week. Sending you Light and Love. And go work on that business.