Building Financial Support Systems

As women, it is extremely important to build our personal financial support systems. There is an emphasis on making or saving money, but it’s important to understand other options that can provide your life with a system of financial support in joy, circumstance or an unexpected event.

Let’s look at these as examples:

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How a Little Support Gives You the Wings to Soar

My son is learning how to fly jets. He would not be in the position to learn how to soar in a jet without the support of family, instructors, fellow students, sponsors, the bank who loaned the tuition, etc. The list goes on.

His process got me wondering how many people I know who have Big Hairy Audacious Goals, but struggle with moving the needle forward.

I looked at many of my clients and found that two key pieces keep entrepreneurs from soaring:

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The Fab 5 – The Foundation You Need to Take You to New Heights

When it comes to business, we tend to go solo. We step out on a wing and a prayer and hope for the best. We may take the time to sketch out a business plan. However, we don’t always have a people strategy. This means more than just the people on the team who sell and deliver your products and services. Consider those with the wisdom you need to avoid the “normal” potholes of running a business.

I call them my Fab 5 Board of Advisors. You can call on them for wise counsel when needed. Your investment in these relationships has a positive impact on your company sustainability. Let me introduce you to them.

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Grow Your Team to Create Mega Impact

Are you a woman entrepreneur doing it all, or most of it, yourself?

If so, there are two predictable outcomes:

There is a limit to how much you can grow.

Much of what you are doing is neither your passion nor your strength.

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Work Smarter to Enjoy Success with Ease

Many of us believe that we have to work hard from sun up to sun down to accomplish anything. This is not living- it’s existing- and doing it too long will strip you of your joy for life and passion for your work. The saying “work smarter, not harder” is very true, and there are ways of living and thinking that can promote ease in your life. Success with ease is enjoying your work, the process, and the results, while enjoying the other aspects of your life. Adopt some of these ideas and watch your success soar at work and in the rest of your life.

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Grow Your Revenue and Expand Your Fempire

It’s important to nurture your current clients, but also focus on bringing in enough sales to keep your business profitable and sustainable. To ensure you thrive in your business, follow these super tips, do them consistently and watch your revenue grow and grow:
 

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What are you tolerating that is keeping you stuck?

Often in business we keep our focus on the things that are the most important: serving our clients, making sales, or paying bills. Because we put our energy toward the most important tasks, we sometimes inadvertently put up with things that are not ideal.

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Developing Leadership for Entrepreneurial Success

I have seen numerous people turn their talent into a business. They are excited to share their gifts and are determined to make a difference in the world. The really successful ones are all that and more! The thriving entrepreneurs have also developed their leadership abilities. Here are three ways I have seen leadership help them reach more people and build incredibly successful businesses.

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Are You Your Own CFO?

Being a Chief Financial Officer for a business is one thing. But are you the CFO for your future?

We have to take a leadership role in our financial house. If you don’t do it, who will? As women business owners, we statistically put our needs last. Not to fret. Here are some ideas to get the ball rolling.

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Developing Your Leadership Qualities Invites Success

Business education and studies often look at reasons businesses fail. What makes them successful? One of the most important factors is the people. You, the leader, are the most important person in your company. A Gallup Poll between 2013 and 2015 reviewed the reasons people think businesses fail. The most critical element was the leader. Let’s look at five qualities of successful leaders and how to develop them.

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