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The Necessary Slow Burn of Business Growth

The first Monday of each month, I dust off a favorite post from the Bennis Inc Blog archives and give you another chance to enjoy the wit and wisdom that’s been shared. Enjoy this month’s treasure – and if it inspires you – be sure to share it with family and friends!


The Necessary Slow Burn of Business GrowthConsider this. Each spring it’s common practice to burn the tall grasses of the prairie. The reasons for this man made fire are those to benefit the prairie and it’s natural habitat – to remove old growth, put nutrients back into the soil and promote new growth and abundance. The prairie needs this fire to exist. As reckless and destructive as this once seemed to me as a child, I’ve come to understand and appreciate the prairie’s need for this slow, controlled burn. But now as an adult, reexamining this yearly ritual made me question another aspect of these prairie fires.

Why not just use gasoline, light a quick blaze and take care of the whole field at once? Why does it need to be a slow and smoldering fire – a process that seems to be so needlessly drawn out?

The answer to this question is actually quite strategic and far from needless. The slow, controlled burn of these tall prairie grasses is necessary for achieving all the ecological benefits that it does. Gasoline would absolutely ruin the soil and prevent these tall grasses from ever growing again. And a large wildfire would wreak havoc on other parts of the ecosystem (not to mention holds the potential to easily burn out of control). So why am I choosing to tell you so much about these prairie fires? It’s because I see an important lesson on life and business building within these flames – a lesson that speaks to both patience and strategy.

Letting it burn (slowly)

For anyone who has ever attempted to build a business, the process of growth is unpredictable and unstable at best. We want to believe, that like any model growth chart illustrates, our business will grow with dramatic spikes until we blast off the chart. But this is neither common nor sustainable for 99% of businesses out there. Instead, like a prairie fire, the healthiest and most lasting business growth is a steady smoldering that inches onward day by day. I define this as healthy growth because it’s growth that blazes a new trail while giving us enough time to stay right in tow. We control it; it does not control us. This is also the type of growth that strengthens a business as oppose to a wildfire which could burn it all down. Most importantly and much like the prairie fires, this slow, controlled burn weeds out the old while laying the rich foundation for future growth. It’s a change that moves at the pace of evolution, and it should be our goal to evolve patiently and strategically as such.

Avoiding the temptation to rush

With technology at our fingertips and our society of ever-connectedness, our accessibility to “gasoline” is endless. This causes a great temptation to rush the process of the slow burn just because we have the means to do so. But as ecologists have proven and stressed, this quick and fast method is not always beneficial, and sometimes harmful, depending upon what you’re trying to achieve. For the slow burn of business growth, you’re trying to achieve much more than a burnt and barren field. You want to preserve the ground and burn only what is necessary. Gasoline won’t allow you to do this. We have to avoid the temptation and let things progress on their own. Instead, we often want to ignite the fire with things like an overkill of paid advertising (this is often a waste of precious capital in the beginning) or gimmicky deals (this often pulls in the wrong client base). Such “shoot-from-the-hip” strategies may produce big flames for display, but at some point these flames will cause destruction or someone will get burned. As I’ve mentioned before, such growth is neither sustainable nor beneficial in the long run.

In life or in business, have you ever personally experienced the temptation to rush a critical process? Maybe this is a process of growth, a process of healing or a process of change. While it’s tempting to want to overcome these uncomfortable and even painful moments in life quickly, rushing the process can prevent us from receiving all of the benefits they’re meant to bring. Learn to appreciate the slow fires we have lit and know that they are with the purpose and intent to make us stronger and more abundant.

 

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5 Ways You Are Spreading Negativity Without Knowing It

5 Ways You Are Spreading Negativity Without Knowing It

Would you consider yourself to be a positive or negative person? Most of us would like to identify with being a friend or co-worker who brings positive energy to the world around us. The struggle is that so often we allow negativity to creep into our thoughts and actions and before we know it, we are spreading these thoughts without realizing we are doing so!

What are the common ways we spread negativity and what can we do to consciously stop this bad behavior? Here are five examples that should ring true to all of us in some capacity.

Using the phrase “no problem”

Think about how we answer a request, whether it be for work or when talking to a friend or family member. A common response we use is “no problem.” This is often meant in a pleasant and helpful way, so then why are we framing it in the negative? Saying “no problem” implies that whatever you did for that person could have been a problem, but that you were willing to sacrifice or overlook that.

This phrase has become so much a part of our culture that we don’t often realize when we’re saying it or how often. Yet, as soon as you start to look for it, it crops up everywhere! It spreads negativity discretely and indirectly by making someone feel like you’ve done them a favor or that they might owe you in the future. Rather, we need to shift to responding with positive phrases like “my pleasure” or “I’d be happy to.” This small change can have a profound impact on the way you communicate with others and how they perceive your motives to help.

Focusing on the negative percent

Another sneaky way we let negativity creep into our daily lives is how we interpret percentages. Even though a 20% chance of rain also means an 80% change of sun, the weatherperson is more likely to lead with the dismal statistic even though it’s the smaller one. In this scenario, we might be able to give them a pass for wanting to boost their ratings with interesting news, but it’s a common practice that is carried over into many other areas of life.

When we look at health statistics, we often focus on how many people are diagnosed, die or suffer as opposed to the positive percentage of how many people are healthy, alive and well. There’s a time and place for taking negative statistics into account, but so often we allow our focus on the negative to cause anxiety about something that is pretty unlikely to occur. The lesson here is to always consider both parts of a statistic. If there’s a 15% change your worst fear will come true, remember that this is also telling you there is an 85% chance you will be just fine.

Saying something is “not bad”

Has someone ever suggested something to you and you responded with “That’s not a bad idea!”? It’s pretty likely you’ve used this phrase at least once in the past month. If you really think about what you’re saying to the person, it’s quite a negative way to respond to their effort to be helpful. Saying “not bad” implies that you might have been expecting them to come up with a bad or disappointing idea, and are actually surprised they didn’t. Moreover, this phrase doesn’t give any credit to the idea being good.

Culturally, the phrase “not bad” is often used with some sarcasm. It’s pulling that person’s leg that you would have actually expected their idea, their cooking, their creative skills, etc. to be bad when in reality you had full faith in them. I’m all for sarcasm at the right place and the right time, but we have to be mindful about also spreading positive encouragement when it’s needed. In a work environment, it’s far better to respond with a more direct statement like “That’s a great idea!” or “Good thinking!” Don’t make people guess as to whether you’re being negative or just sarcastic. Say what you mean and mean what you say.

Using canned responses when someone asks how you are doing

Here’s another way you may be spreading negativity without knowing it. Think about how you respond when someone asks how you are doing. If it’s Monday, we’re likely to make a joke about getting back to the grind or feeling tired from the weekend. If it’s Friday we might say something along the lines of just getting through today and then maybe we’ll get a break on Saturday. We can find a reason to feel tired or overwhelmed any day of the week!

When someone asks how you are doing, it’s often a conversation starter. They don’t really want to hear about the moans and groans of your work week. Instead of spewing out negativity with your response (sarcastic or not), try and find just one positive thing to focus on and spread this positivity with the person who is asking. Keep it simple with something like “I’m having a really great day. How are you?” Or be specific while still keeping it short with “I enjoyed spending time with my family this weekend. Did you enjoy yours?” If you’re happy, share it! And if you’re having a bad day, sharing just one positive thing can actually help turn your day around.

Letting an issue leak into another part of your life

This final point can be the most toxic when it comes to spreading negativity. If you have an issue that you fail to compartmentalize, it’s going to leak into other areas of your life and it’s going to get messy! For example, if you got into an argument with a coworker right before heading home for the day, it’s easy to carry this burden with you throughout the evening and into the next day until it’s resolved. But in doing so, you’re bringing this stress and anxiety into your home and it will prevent you from fully engaging with your family during your off hours.

If you feel a weight on your shoulders, stop and address it. If it can’t be addressed right now (because you have to talk to someone at work or because it’s regarding an upcoming event) then you need to push it out of your mind, even temporarily, to continue living in the moment and enjoying the positivity that is around you right now. Don’t fall victim to spreading your own negativity to other parts of your life. Work on compartmentalizing these emotions and addressing them at the right moment.

Are you guilty of spreading negativity in any of these sneaky and unassuming ways? Share your thoughts by commenting below!

 
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Posted by on February 15, 2016 in Happiness, Life

 

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Beginner Photography Tips to Make Your Brand Stand Out!

Meet the newest member of Bennis Inc and this week's blog author, Danielle! Click her photo to learn more about her passions and expertise related to photography.

Meet the newest member of Bennis Inc and this week’s blog author, Danielle! Click her photo to learn more about her passions and expertise related to photography.

All new business ventures, regardless of size or industry, grow from ideas and visual thinking. So essentially, a visual idea is the beginning of a startup company! It is imperative that you incorporate visual and photographic content when marketing a new business, especially in today’s growing world of technology. Having great photographs and images will be key in not only creating your visual brand, but making it stand out among your competitors!

Maybe you’re just getting started, or maybe you have a shoe string budget with which you feel like you can’t afford quality photography. It’s time to push these excuses aside and learn how to be your own photographer (fake it until you make it, right?) to ensure you begin creating a strong and professional brand from day one.

Take a look at these essential tips to get you started…

Build a stock image library of photos from areas around your business or hometown

Having access to quality, visual content when you’re trying to grow your business is key to creating a memorable and consistent brand. The first step is to start looking at your everyday surroundings as possible stock imagery. Get and capture photographs that will be visually beneficial for your business, over a long length of time. Create your image library by photographing landmarks and significant areas surrounding your business. You can also photograph objects that relate to your brand.

As a business owner you can choose to capture these images yourself or you can hire a freelance photographer to provide you with a stock image library. For a small investment of either your time or a professional’s skills, you can gain access to a ton of unique stock images that are both local and meaningful to your business. Best of all, you won’t have to worry about copyright issues like you do with images found online!

Take photos when you travel

Always have your camera handy with you when you are on the go. You never know when you will have a photographic opportunity. Even if you forget your camera one day and you see a terrific photo opportunity, remember to pull out your cell phone and take a quick snapshot. You never know when that photo might come in handy for a future blog post or Instagram update.

Capture photos of your usual workday

Another great way to continuously grow your visual content library is to take snapshots of moments and things throughout your typical work day. These photos can be as simple as a stack of pens or your laptop setup with your piping hot coffee. These types of photos are great for original content and will give your audience a real look into your daily life. After all, it all comes back to creating that “human element” as part of your brand.

Save time with minimal editing

A great tip to know when beginning to photograph for content is to always shoot with minimal editing in mind. A simple, but key factor when it comes to minimal editing is the less cropping the better, so try and be mindful of the “rule of thirds.” As you get more advanced, you can even begin to explore different types of lighting which can really help to cut down on the amount of editing needed to fix “bad” images. When it comes to lighting, there is a lot to understand but beginners can set the camera to an auto setting which should ensure proper lighting. More experienced photographers often prefer to carefully set their own lighting for each shot, but if you’re just getting started, use those auto settings until you learn the ropes!

Your photographs can be simple and still stand out

Believe it or not, you can take professional photographs with little to no fuss at all. Sometimes the simpler the image is, the bigger impact it will have. So don’t worry about making a big production out of finding the perfect background staged with a ton of props. Rather, take the time to plan some of your locations and pay attention to the smaller details, such as your shooting angle. The simplest things can be made to feel artistic and unique based upon how you photograph them. Dare to get a new view from up high or down low – you’ll be amazed as to how your world changes from this angle!

How do you use photography to build a unique brand and make it stand out? Share your ideas and experience by commenting below!

 
 

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Protecting Your Pitch: How to sell the value of your expertise

The first Monday of each month, I dust off a favorite post from the Bennis Inc Blog archives and give you another chance to enjoy the wit and wisdom that’s been shared. Enjoy this month’s treasure – and if it inspires you – be sure to share it with family and friends!


Protecting Your Pitch How to sell the value of your expertiseIn the line of consulting work, the pitching process is arguably the most important. Love it or hate it, for a business to survive, you must be good at pitching, pricing and packaging your ideas into an attractive bundle. But even after you spend hours crafting a proposal and researching the most innovative ideas to prove your value to potential clients – this is only half the battle. They could absolutely love you and your ideas, but what prevents them from simply taking your proposal and implementing it themselves? It’s an unfortunate scenario that happens time and time again in the consulting world. Some consultants have accepted this as a risk of this line of business. Others feel as though the clients who don’t do this outweigh and offset the ones who do. While I find both of these to be true, I do believe there are tactics consultants can incorporate to protect their pitch.

Don’t charge for a proposal. This may sound counter-intuitive when trying to protect your pitch, but I don’t believe in charging a potential client a fee just for you to create a proposal. If they choose not to work with you, this results in no tangible benefit for which they paid. Moreover, I think it immediately sets the tone that you’re likely to charge them for every itemized task and are stringent with your fees. Sure, there is always the risk that the time you put in to creating a proposal may never be recouped, but (good) business is about risk taking after all. It is foremost important to position yourself as a valuable asset they want as part of the team rather than an insecure and rigid score keeper. I truly believe that a pleasant and professional pitching process goes a long way in ultimately sealing a client. If they feel you’re taking advantage of them by imposing a fee for a proposal, they’re more likely to take advantage of you by incorporating your ideas themselves. Furthermore, they may feel that by paying for these ideas, they’ve gained ownership over them. EXTRA TIP: Place a larger emphasis on pre-qualifying your clients before you reach the step of creating a proposal.Try an initial meet and greet to get to know them and their business before assuming a proposal is something either of you are interested in. This step alone will save you hours of pitching to clients who don’t align with what you offer.

Make your expertise part of the package. When crafting a quality proposal, don’t undersell the value of your expertise as part of the packaged deal. Goals – and the tactics to reach these goals should comprise a large portion of the proposal, but don’t forget that your expertise in performing these tasks is ultimately what you’re being paid for. If you have a personal contact or connection that can make your strategy more effective, which is common in Public Relations, include this in the proposal. All of this helps to protect your pitch in that it sells you as part of the package. As much as tactics can be taken and implemented by someone else, your expertise cannot.

Focus on “Value Added.” Along with your expertise as a unique selling point to your pitch, your proposal should also communicate the important concept of “value added” to your potential client. The value of you implementing the proposed tactics is that it allows your client and his or her employees to continue focusing their time on doing what they do best. If their expertise is not in communications or business consulting, and it likely is not, their time is not best spent completing these tasks. There is a level of efficiency and quality that goes along with someone doing something they’re trained to do. If you can communicate this concept clearly with your client, you will show them that personally taking on the additional workload outlined in the proposal is not in their or their business’s best interest.

Provide goals and tactics, not a blueprint. You provide a proposal to give a client an outline of the work you can complete for them – not to provide them with a how-to guide to implement themselves. In your pitch you should list your work in such a way that they clearly understand the expected benefits of a given task, but not enough to cut you out of the process. Think of a list of ingredients on any food label. You know everything that went in to making the product good, but you don’t know in what amount or order each ingredient was used to achieve the desired results. This is not with the intention to be sneaky or unfair. Truly most clients would appreciate not having to read a 20+ page proposal with a painstaking step-by-step strategy. They want the big picture, the tangible benefits and to know you’re capable of getting this done. Sticking to this format will also shave hours off of your pitch writing time.

If you take nothing else from this advice, remember this key thought – Pitching to a potential client is your opportunity to prove that the value of your expertise in implementing your ideas is what they’re really paying for.

Know someone who is a consultant? I highly encourage you share this with them. Given my own failures and triumphs with the pitch writing process, I would have been ever grateful to have learned these tips in some way other than through trial and error. Cheers!

 
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Posted by on February 1, 2016 in Business & Success

 

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If Your Business is on a Budget, Don’t Make This Deadly Mistake!

If Your Business is on a Budget, Don't Make This Deadly Mistake

During the winter months, especially here in Pennsylvania as we approach some of the coldest and darkest days, it’s natural to want to batten the hatches, pull the shades and slow everything down for hibernation.

This is the time of year when depression skyrockets and motivation plummets. It’s a dangerous combination for businesses who need to keep the fires burning to ensure these months are just as successful as the rest of the year.

When both profit and progress seem to be flowing about as fast a molasses in the winter, businesses tend to tighten their budgets and limit cash flow to only the most essential areas in order to survive the (hopefully short-lived) famine. In many instances, this is a smart and strategic reaction. But there is one deadly mistake businesses commonly make when slashing line items – and it often costs them far more in the long-run than what they stand to save.

In an effort to save money, completely halting your public relations or marketing efforts is as dangerous and counterproductive as shutting off your furnace in the dead of winter.

I’ve spoken with several businesses who have learned firsthand from this mistake. The impact is what one might compare to “cutting off your nose to spite your face.” Once you’ve shut down your public relations and marketing efforts, turning things back on again is not as easy as flipping and switch – and you most certainly won’t warm right back to room temperature without dishing out some major bucks to regain this energy.

As you consider whether or not your business needs to winterize its budget now or in the future, first consider these points. The most successful businesses know to keep their public relations and marketing efforts burning, even on a low temp, to ensure their pipes don’t freeze before they are ready to turn things back on full force.

You will risk being “out of sight and out of mind” of your customers.

If you pull all of your public relations, marketing and advertising efforts, you will quite literally go “radio silent” to your customers. Relying on them to remember your brand without any prompting (and while your competitors are surely taking this opportunity to encroach on your market share) is both dangerous and foolish.

You will forfeit any pricing or packages you may be locked into.

If you are working with a consultant or outside firm, you are likely signed into a contact that will honor its pricing until you decide to change something. If you choose to take even just a few months off, many contractors will warn you that their pricing may increase should you ever wish to re-up. And, I’ll let you in a little secret, it most always does!

It takes much more effort to start from zero than to speed things up.

Think of all the energy that is lost when a large and heavy train comes to a complete stop. Now think of all the energy it requires to get that same machine up and moving again. Even if you need to slow things down for a little but, this is a far more sensible option that putting the brakes on completely.

You may not be able to rehire the same talent/team you once had.

Finally, when you tell your team of communication experts that you no longer need their services for an undetermined amount of time, they are rightfully going to find work elsewhere to make up for this void. When you’re ready to start things up again, you cannot be sure that you will be able to have the same exact team (or any of them) available for your work. Worse yet, your competition may have scooped them up!

Are you pulling in the reigns on your business’s budget right now and struggling with whether or not to put a halt on your public relations and marketing efforts? Share how you are planning to overcome this obstacle without “freezing your pipes!”

 
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Posted by on January 18, 2016 in Business & Success

 

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Top 10 Blog Posts on Life and Entrepreneurship in 2015

Top 10 of the year (done in 3d)

I feel like I need to start by asking the obligatory question of “Where has the year gone?” But truthfully, I feel like it’s been quite a long year packed with great memories, exciting achievements and whole lot of interesting writing.

Before we close out 2015 and turn our calendars to the New Year, I wanted to take one last opportunity to revisit some of my favorite blog posts. We covered just about everything you could imagine including branding, communication, personality types, time management and of course my cat, Pinot.

Join me on this brief trip down memory lane with a list of the top 10 blog posts on life and entrepreneurship in 2015 from Bennis Inc. May 2016 be filled with just as much insight and inspiration!

How Do an Introvert and Extrovert Live Together in Peace?

Whether it’s your spouse, best friend or boss, co-existing with the opposite personality type brings a unique set of challenges. This blog explores my personal experience as an introvert living (and often working) with my husband who is an extrovert.

Read the original blog here.

How to Rebrand Your Business

This blog is the first post in a 5-part series that was inspired by my website redesign (check it out at www.bennisinc.com!) So often, businesses miss the signs that they are in need of rebranding or are overwhelmed by the task and don’t know where to begin. These posts provide a step-by-step guide to walk you through the process.

Read the original blog here.

The 4 Most Powerful Words You Can Ask Someone

In between my many articles focused on communications, public relations and marketing, I also like to insert posts that are philosophical and geared toward life in general. This is one of those posts…and one of my favorites from 2015. Find out what four words I’m talking about and why we should use them today.

Read the original blog here.

7 Ways to Use a Press Release Beyond Pitching to Media

I never like to see good content go to waste which is what inspired this particular blog post on repurposing a press release. Even if you don’t get a single media hit, you have the power to get the most out of this content with how you personally promote it across your communication channels.

Read the original blog here.

5 Tips for Running a Productive Business Meeting

I love efficiency and good time management which is why I often hate sitting in boring business meetings. This blog post received a ton of love from my readers who can relate! Take a look at how you can run a more productive business meeting in 2016.

Read the original blog here.

5 Lessons My Cat Has Taught Me About Entrepreneurship

Of course my cat, Pinot, had to make an appearance at least once in 2015, so this is her post. What I’ve learned by observing her actions are usually more “what not to do,” but she inspired me with some solid advice this year as well.

Read the original blog here.

How to Professionally Fire a Client

This was among the most read and shared Bennis Inc blog posts in 2015. Breaking off a bad relationship with a client is a hard and uncomfortable topic for many business owners. In this post I offer advice on how to identify these “must-go” clients and how to remain professional when showing them the door.

Read the original blog here.

Why Technology is Killing These 11 Essential Skills

So often we read about the wonderful advancements and achievements of technology, but it’s important to also stop and examine how technology may be making our life more difficult. In this blog post I challenge the “helpful” aspects of technology by pointing out 11 essential skills it is hindering in our society.

Read the original blog here.

6 Valuable Lessons I Learned from Working from Home

I am a passionate advocate for the virtual work environment, but I am also constantly learning how to balance and manage the unique challenges that come with working from home. This blog post takes a fresh look at the lessons I’ve learned specifically in 2015 about how to be efficient and effective when working from home.

Read the original blog here.

8 Reasons Why We Never Have Enough Free Time

This is the perfect post to end my top 10 list for 2015. As we hopefully get some rest over the holidays, we can all benefit from reflecting upon why we might feel like we never have enough free time. January tends to be among the most stressful and hectic months for many business owners. Prepare yourself for a calm and collected 2016 by learning about these time management pitfalls.

Read the original blog here.

Want to explore most blog posts from Stephanie Shirley and Bennis Inc? Be our guest! Click here to browse business and success, here to browse life and here to explore all the rest.

 
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Posted by on December 28, 2015 in Business & Success, Life, Wisdom

 

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Dear New Entrepreneur…A Letter to My Younger Self

young entrepreneur

It was July 2011 when I handed HR my two-week notice. I still have this simple letter, modeled after a template I found online when I googled “professional resignation.” I put no more effort into creating this life-changing document than I had put into what was supposed to be my “dream job” for the past 4 months.

Before taking the entrepreneurial leap to start my own Public Relations consulting business, I worked in the Pennsylvania Department of Health, Office of Legislative Affairs. The title and the perception were the only things remotely impressive and glamorous about this job, I assure you.

My tiny cubicle, stable salary and paid time off, while a luxury for most fresh college grads, all contributed to creating a comfortable prison that just might have kept me locked away until I earned my vested retirement, had I not longed for so much more.

Blame it on my entrepreneurial spirit – or foolish confidence, but I was willing to walk away from the guarantee of a stable, but unfulfilling career, for the chance at creating something so much greater.

Nearly five years later, I thank this young entrepreneur who wasted no time pursuing her dreams. Every day I work to make her sacrifices and uncertainties worth something by continuing to grow this business while never slipping back into the monotony of a career I don’t truly love.

Like most entrepreneurs, I wish I could somehow equip my younger self with the wisdom I’ve since gained from years of experience. Though I can’t, I can hopefully inspire other new entrepreneurs to take the leap – and maybe, just maybe – change the world…or at least their own!


Dear New Entrepreneur:

I know you’re busy, and likely skeptical about the advice I want to give you, so I will get straight to the point. You know a lot; a lot more than you might give yourself credit for right now, but that doesn’t mean you can’t stand to learn a few things from a fellow entrepreneur who is a few years ahead of you on this journey.

I’m not trying to tell you what to do – I know that’s exactly what you’re trying to escape. But I would like to tell you that you’re on the right track, your gut is your best navigation device and the passion you feel today will continue to grow, despite what people may try and tell you. Please read on. I promise it won’t take long and it just might be that reassurance you’re so desperately looking for right now.

My advice to you, new entrepreneur is this…

Office space and employees don’t determine your success.

Right now you may be working from home as a sole proprietor just waiting for your first chance to lock into a commercial lease and hire your best friends. Stop looking for ways to tie yourself down and add to your overhead. This is everything you ran away from in Corporate America. Learn to love the freedom and efficiency of working from home with no one to answer to but yourself. Hire fellow contractors only as you need them, get to know the best coffee shops to hold client meetings and enjoy keeping so much more of your salary – and sanity.

It’s okay to walk away from a “bad” client…even if you really need the money.

Go with your gut here. If a client tries to undercut your pricing or negotiate you into a corner, be willing to walk away. There will always be more, I promise. Yeah, you could really use the money…you always will be able to “really use the money.” The drawbacks to taking on a client that is a bad fit for your business will always cost you more in the long run than they’re willing to pay. Set boundaries and respect your values. You will learn to appreciate those “good” clients so much more!

You will always be surprised by those who want to see you succeed…and those who do not.

There will always be “friends” who you think will support you way more than they actually do. It will hurt and may make you question your decision to become an entrepreneur. Your decision is not what you should be second-guessing, rather it’s your friendship with this person. But don’t take it too hard; there will also be people you barely know that will rise up as your greatest cheerleaders. Appreciate these people and do the same for them in return!

Basic skills, like mail merging and stuffing envelopes, will be just as important five years from now.

When I first started out, I thought someday I might hire someone who would send my invoices, set meetings on my calendar and answer my phone calls. Five years later and the most capable person to handle these tasks is still me. These basic skills will always be important for running your business. Stay as hands on as it makes sense. Don’t outsource something just because you think you’re above it. Keep your overhead – and your ego – in check.

Make friends with your competition.

You will meet many other businesses along your journey that appear to do exactly what you do. Before you choose to secretly stalk their social media accounts and compare your client list, sit down and get to know them! Learning more about businesses I once deemed as competition has helped to create some of the best “power partnerships” I have. It’s amazing how once you really get to know about each other and the ideal client you are each hoping to find, you will realize you don’t overlap at all. Rather, you are great referrals for one another that can work together to help you both thrive.

Never make excuses

Mistakes will happen. Hopefully they are small, but they also might be big. No matter the size or scope, take ownership of any mistake and never make excuses. If something was truly a mistake or oversight, you have nothing of which to be ashamed. We are fallible humans, even us entrepreneurs. A reasonable client will understand this simple truth, as they are bound to make a few mistakes too. You will build credibility and trust if you own up to a mistake quickly and openly without blaming it on something, or someone else.

Only you can determine what you are worth

Deciding how you will price your services will be one of the hardest parts of running your business. You will have moments when you feel horribly underpaid and moments when you question whether you’re asking for too much. My best advice is to be strategic and remain consistent. This doesn’t mean you will (or should) charge the same rates for the rest of your life. Your experience will increase and so should your fees. But developing a strategy for how you will price your projects early on will save you from second-guessing, losing clients and losing income in the future.

Work toward creating a lifestyle, not just a business

In an effort to run a business, it’s easy to make the mistake of letting the business run you. Don’t recreate the same hell you fought so hard to leave to start your entrepreneurial journey. Take time off, travel, spend some money on fun things (all within reason, of course…it doesn’t take much)! Always keep in mind your goal of creating a particular lifestyle – one that affords you to be flexible and fulfilled – not just earning a certain income no matter the real costs.

Begin and end every day with affirmations

The entrepreneurial journey can be rough at times, that goes without saying. Amidst your efforts to be self-motivated and fearless, also take it easy on yourself when you need it. Promise to begin and end every day with affirmations as to all the things you’re doing well and that are going right. It’s easy to forget and take for granted life’s little blessings when you’re so focused on ironing out every wrinkle. Appreciate the small gestures, like a green light when you really need it, that are reasons to smile.

That’s all I have for you, new entrepreneur. It’s not all the advice I could give, but it’s all I feel you really need right now. Remember…after all, you’ve got this!

What piece of advice speaks to you? Do you have other words of wisdom to offer new entrepreneurs based upon your own experience? Join in the conversation by commenting below!

 
 

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