Are You Enjoying Freedom In Your Business?

As small business owners, we tend to do everything in our business ourselves, like ALL THE THINGS.

We do marketing to get clients; we work with clients; we perform work for those clients; we do our own admin work, our own social media…we are the jack (or jackies 🙂 ) of all trades.

Some of you may have started your own business and didn’t even realize what that takes. It takes a lot of grit and effort!  Maybe you thought when you were just starting your business, especially if you were formally an employee, “I can have better use of my time if I did this on my own”.

Right? Isn’t this what you thought?

But, as new business owners, you just don’t know all the aspects of what it takes to become a real business owner and to run a profitable business.

Having been there, done that…and now having a successful and profitable business for over eight years, I’d like to walk you through three (3) things that can create freedom in your business,  and how to stop feeling afraid to engage certain people who have the expertise to help you.

First, trust your instincts.  You see your business is running, you’re making a profit or consistent income. But there’s a lot of things that go into making that consistent income. Some of those things may not be in your area of expertise.

I’ve had this same problem. I’ve been in business for eight years now and for the most part, I’ve done it all on my own. And I’m just at the point now where I can’t.  I can no longer scale my business to the level that I want without engaging help. I’ve had this instinct for a while now, but something had been holding me back from taking the leap forward. Because once you do that, once you let the cat out of the bag as they say, it’s not that easy to put it back in the bag unless you want to tank your business. And that’s definitely not what I want to do and I’m sure it’s not what you want either. I want to GROW my business.

So…the three (3) things you need to help you free up your time in your business:

  1.  If you are not a numbers person, get someone in your business to help you with the numbers
  2. Get an assistant, a virtual assistant or an executive virtual assistant to help you with the administration of your business, and
  3. Create systems in your business on how you want your business to work and grow.

 Step 1 – The Numbers Person

One of the things to create freedom in your business is to actually have someone help you where you’re weakest. My business is accounting and bookkeeping and such. But for a lot of people, that’s not what they love to do and they put it off because they don’t like doing it!

One of the first and most important things you should do is engage someone to help you with your finances and your numbers. It’s so much easier to do it from the start of your business than to wait three or four years after you have developed patterns of indiscipline in your business.  Waiting will make it hard to change those bad habits.

Step 2 – The Assistant

A second thing to add to your business is a virtual assistant. I have been going through the process of finding a virtual assistant for my business because I’m doing a lot of the administrative work and the social work that I really don’t love or even like doing. I love setting up systems and processes to make my business run easier. But keeping up with the details after I created this process is something that I don’t love to do. So I’ve been on a search to find someone to help me in my business.

 I had to look inside of myself to see what is it that I could give someone else to do that will free me up to do more things that I love to do and to strategize about growing my business. I’m in that final process, and I sent out my letter yesterday welcoming her on board! And I am just so excited about what she’s going to be able to do to help me grow my business while I help her grow her business as well.

And while looking for your numbers person and your VA, go with your gut and find someone who fits your business. If the fit is not good and they don’t mesh well with your personality, then it’s not going to help you in your business. Once you find the right fit, you can train for competency.

Training for competency is the way YOU want someone to help you in your business; the way YOU want to work. You are designing the system for your business to build on so that you can scale and grow your business. So hire someone for how they fit, how they mesh well with you, the business owner, and then you can train them on how you want them to do things within your business.

While it can be tedious and detailed, I’m in the process of trying to document all the things that I want someone else to do so that it can free me up to go do the other things that I actually love to do.

Step 3 – The Systems

The final step is to create systems in your business for your team to follow.

The systems you want to create are things like when you get a new lead into your business, what happens next? How do you want your clients to request work to be done? What is that process? Create the process on how you want it to work within your business.

Because once you create it, it’s on repeat and it can be done over and over and over again and not necessarily always by you because you’re trying to create the freedom! That system and the business now runs on its own, and you can go off and do other things that you love to do.

There are a lot of platforms and software out there that will help you create processes and systems. There are the “tried and true” paper and pencil –  you know, write it down on paper.

If you’re looking for free or inexpensive options, create a Google sheet.  Create checklists for what you want to have done and when you want it complete.  Then you can pass that information on to someone who is helping you in your business.

Often, if you hire someone who has expertise in an area, they will already have systems in place. So not only are you hiring them to help you in your business, they already have the systems set up and can just be copied into your business. Which frees you up to do even more of the things that you love to do.

“Being a business owner is gritty, it’s hard, and it’s rewarding. “

One of the biggest things that holds business owners back is we keep trying to do ALL THE THINGS ourselves, and we don’t engage a community, a team around us to help us build that business that we’re going to love.  Let’s face it, we didn’t start our business to work 50, 60 hours a week. And some of you, that’s what you’re doing.

The people that you connect with help you run your business and it helps them in businesses.

So whatever your expertise is, you want to do that thing to the fullest capacity. And then you want to surround yourself with people that are going to help you in your business to create the systems, process, and workflows that will free you up so that you can actually go out into the world and talk to the people to whom your gift is exactly what they need. And they’re waiting for you to show up.

But if you’re sitting around trying to do your own bookkeeping or creating and scheduling your social media posts or emails (and it takes you 15 or 20 hours a week) when you can hire someone with that expertise whose willing to do that work for you, you’re missing out on that freedom you created your business for.

What steps are you going to take to gain the freedom you want in your business? Leave a comment below!

Are you frustrated with your QuickBooks Online file?

Are you frustrated with your QuickBooks Online file?

Does not balancing your reconciliation every month cause you anxiety? 

Or are you not looking at the status of your QuickBooks Online account because you feel like “I have plenty of time before the end of the year to catch up” ?  

Well, NOW is the time to resolve all of those headaches that you have been dealing with.  See, we are almost at the end of the summer, and I know you didn’t want to think about your financial situation or the daunting task of dealing with your QuickBooks Online account.  

I know and I get it.  

I have clients come to me all the time with these same issues and I sympathize with them because they didn’t start their business to do bookkeeping, but it’s an essential part of of the profitability of your business.

I have a solution for you!

QuickBooks Online Review

Here at Mitchell Consulting, we help busy business owners like you get over these issues and setup a workflow to solve these problems.  

  • First step in the process is acknowledging that you may need help with this
  • Second step is to seek out a professional who can help you get on the right track
  • Third step is to get a plan of action

Mitchell Consulting has been helping the small business community with these issues for 9 years and we have a team in place that will walk you through these steps.  We offer free consultations and the first step in working with us is to do an 15-point analysis of your current QuickBooks Online account. 

We document any problem areas and write up a report for you.  Then we meet with you for an hour to explain the findings and give you our recommendation.  

From there, the ball is in your court.  You get to decide what direction you would like to go in to solve your frustration and anxiety using Quickbooks Online. 

This is an affordable option at less than $25 per point, plus an hour with a professional to help get your business finances on the right track!

If this sounds like something that your business needs, then click the button below to schedule a call to learn more or to purchase your QuickBooks Online 15-Point Review TODAY!

You Don’t Know What You Don’t Know

 

 

Are you trying to do all the things needed in your business in an effort to save money?

Let’s face it, it can be hard to admit you need help. Especially as a small business owner.  But honestly, if you continue to try to be everything to everyone, you will start to feel burned out, and possibly come to resent your business. 

There is a lot of discussion online right now about the importance of finding your business niche instead of saying “I want to serve EVERYBODY.”  Sure you want clients, you want to make money;  but too often business owners tell themselves it’s better to appeal to a wide variety of prospective clients rather than a select few.  

But here’s a question for you: 

Do you want to be known as Walmart?  Or do you want to be known as Neiman Marcus?

Think about their respective business models for a moment.  Walmart appeals to everyone due their prices and variety of inventory, but their business model depends on the sheer number of customers to make their profit.  Where Neiman Marcus, on the other hand, appeals to a very specific demographic. That specific demographic has the disposable income and does not shirk at Neiman Marcus’ retail prices.

The result?  Neiman Marcus can make the same (if not more!) profit as Walmart by serving a more specific and selective customer base.

So, what does this have to do with what you don’t know about your business? 

Simple.

Business owners can’t possibly know EVERYTHING there is to know about business, as well as knowing EVERYTHING about their chosen niche.  

And this is where business coaches shine!  Business owners should be more focused on their business niche, providing relevant services and products; whereas business coaches have a greater understanding of best business practices and work with businesses in a multitude of niches. 

For example, if you’re trying to learn everything you can about efficient back-end processes,  you’re taking time away from your revenue-generating marketing efforts to your niche customers.  A business coach can give you advice about efficient back-end processes, plus help you implement them while you continue with your marketing efforts.

Think about the makeup of a large corporation.  Does the CEO or president know EVERYTHING there is to know about the day-to-day operations or process of the company?  Doubtful. That’s why they hire CFOs and department heads, to focus on their own specialties and make recommendations to the CEO/president. 

Consider the same for YOUR business.  YOU are the CEO/president of your business.  And hiring a business coach will give advice, strategies, and steps to help you yield the most profits from your business. 

In short, a coach can give you clarity, and help you see the “forest for the trees”.

If you’re ready to look into how a business coach can help you, reach out to me.  You can direct message me on my Facebook page, you can send a message via Messenger, or you can schedule a consultation at Passion to Profit.  I will be happy to help walk you through what’s holding you back. 

Is Fear Holding You Back?

FEAR

Four little letters.  One little word.

Has fear been holding you back? 

Is fear keeping you stuck?

Is fear hurting your business?  

I know it’s been holding me back!

So let’s chat about fear.

I’m going LIVE on Facebook. 

I’ve been wanting to do this for months. 

It’s been on my calendar for months.

But every single week, fear has been holding me back.

Watch the video below!

Is FEAR holding you back?

Posted by Mitchell Consulting on Thursday, May 16, 2019

 

And I don’t understand why.  I love challenges but in my business I take pride with what I share with the world.

So I’m sharing with you today because I’m vulnerable in this area and I’m betting you are too!

Fear can hold us back from becoming the powerful business owners that we can be.  The fear of me going live on Facebook has actually kept me from meeting the people who I am meant to work with.

And I don’t want to do that anymore!!  I want to be able to share my message and to help people who need assistance and who I can serve with my gifts.

My gifts are based on business and highlighting financial stability in business.  And there may be people out there who that’s just not what they’re good at. 

Each of us have unique gifts. You’re good at the things you do, and I’m good at helping people break through their financial issues, setting up financial systems in their business, and talking with them to help them move past mental blocks they may have in their business. 

The fear of going live on Facebook is one of MY mental blocks, and I’m so thankful for my business coach who has been pushing me to step outside my comfort zone and do something that’s unexpected from me, but will actually help my business grow!

Ready to conquering that fear that’s holding you back?

That fear you’re facing?  It’s actually stagnating you and causing you not to do things in your business that you should be doing, because you are encapsulated with fear. 

You CAN move past this fear!

One of the things that is helping me step through my fear is the support of a community that is encouraging me to step outside my fear, and push through it anyway.  Because they know there is triumph at the other end of that fear!

And I know there is too!

So I am committing to going live on Facebook every Wednesday at noon.  (Those of you who know me, you can hold me accountable. I’d really appreciate that!)  I have something to share and I know it can help someone, somewhere. 

Steps to Conquering Fear

The first step to conquering your fear is facing it. 

Acknowledge it. 

It’s there.

It’s a human response to something that in your mind is that’s holding you back.

The second step is to build a support community.  

Get support from the people who you know love and trust you. They can help you stay accountable to what YOU say your goal is and to move you forward and beyond that. 

Your support community can help you at the beginning, where you may be now, through the process, and even on the other side of it.  

Once you get beyond fear, there is success on the other side! 

I know there is because I’ve been there. I’ve done it. Just in starting my own business, I didn’t know if I knew enough information to start a business.  But because I was a professional, I did know something.  Having the support of family and friends helped me step out of my comfort zone and start my own business.  I am so grateful for that.

It’s been 8 years now, and I am so grateful that they helped me through that process. And now on the other side of success, they help me celebrate in that success.  

The third step to conquering your fear is reviewing your results.

Once you do it, once you step out in faith and you do something, ask yourself how it went.

What worked?

What could you do better? 

What did you learn from it?

Your results will help support you to do it over and over again.  

Let’s recap:

  • Fear can stagnate you and hold you back.
  • You CAN move past your fear.

Steps to Conquering Fear:

  • First, acknowledge it.  You’re human and fear is a human reaction to something that is holding you back
  • Second, get support.  Your support community will help you through the process, keep you accountable to your goals, and celebrate your triumph on the other side!
  • Third, review your results.  Once you do it, once you step out in faith, your results will help support you to do it again and again.

There is someone waiting for you on the other side of that fear.  And I know someone is waiting for my specific help to help them in their business and to help them grow.

So I committed to going live on Facebook.

And I did it. 

The first one was short & sweet, but I did it!  And I’m going to keep doing it.  

Is fear something you struggle with in your business?  What is it? Leave a comment below and let’s support each other.

If this is something you’re struggling with, reach out to me.  You can direct message me on my Facebook page, you can send a message via Messenger, or you can schedule a consultation at Passion to Profit.  I will be happy to help walk you through what’s holding you back.