Saturday, March 8, 2014
Starting your own business is a dream that many people hold in common – doing something you are passionate about on your own terms is alluring. Unfortunately, many people lack the financial backing they need to begin this venture and this can hold them back from achieving their dreams. There are, however, ways to build the funds required to start a small business without having to win the lottery.
Instead of hauling unneeded or unwanted items to the dumpster or giving them away to family and friends, think about having a yard sale. This is a great way to start building funds while decreasing clutter in your home. Small items such as clothing, toys, and household gadgets only go for pennies on the dollar, but it is surprising how quickly that money will accumulate! If there are larger, more unique pieces such as furniture, family heirlooms, or jewelry, try selling these items online or to specialty stores.
Another simple way to help build funds is by looking at overall household spending. Discretionary spending, such as going to out to eat, cleaning services and lawn care can easily be cut from your budget helping to save hundreds of dollars a month! Having friends and family over for a cookout is definitely less expensive than going to a restaurant, and getting outside to mow the lawn or cut the hedges is not just good for saving money but also getting outside and spending time with friends and loved ones.
Many people abandon the idea of using a piggy bank once they become an adult, but this is actually a great way to take small amounts of money and pull them together for larger purchases. Grab an empty mason jar or coffee can and start adding coins and dollars to it every day. Whatever money is found in the washing machine, couch cushions, or in pockets after running errands should go into the jar – although it may not seem like a lot, all that leftover change adds up!
Finances and lack of funding should never hold anyone back from achieving their dreams. By doing small things like cutting back on monthly spending, having a yard sale, and collecting coin, having the money needed to start a small business can become possible. So clean out those couch cushions and dust off the old records for your yard sale – this can be the key to beginning your business venture!
Once you get your money together, it may be time to use a small business mentor to help you get your plan together. Stacy O'Quinn has learned from the best and now he wants to share that knowledge with you! To contact Stacy, click here.
Friday, March 7, 2014
Tips for Creating the Perfect Work-Life Balance
Work-from-home professionals face a unique challenge when it comes to creating balance – separating work time from home time is hard when your work is in your home! A good work-life balance is important for any business professional, but keeping this balance in check when working from home can be difficult but possible. Here are some tips to keep work life and family life in balance when working out of a home office.
Creating a Defined Work Space in the Home is Important
One of the first steps to creating and maintaining a healthy work-life balance is defining a workspace. Whether this space in an entire room or just a desk in the dining room, even more important than defining the space is keeping it strictly an area where business gets accomplished. Make sure to eliminate any personal clutter such as bills or mail and only use that area for working – personal items of this nature can be extremely distracting and will continue to blur the lines between “work” and “home.”
Keep Strict, Consistent Working Hours
Setting work hours is also essential in creating a good balance when working from a home office. Set hours are a great way to define boundaries for when clients can and cannot contact you and allows for time throughout the week for family. Setting up automatic replies outside of working hours helps minimize interruptions during family time, and letting loved ones know no to disturb excessively during working hours can help allow for more productivity with work.
Enjoy Family Time!
Just like 9 to 5 business professionals enjoy weekends off, so should work-from-home professionals. Although the temptation to work during this time will always be there, it is important to remember that personal time is just as important as work. If powering down the computer and cell phone is what needs to be done to help stay off them during free time that is what you need to do! Taking the time to create a work-life balance will mean nothing if family and fun is constantly being interrupted by work.
Just because you do not work in an office with set hours every week does not mean that you need to be working all the time! Although work-from-home professionals sometimes face challenges creating balance in their lives, it is possible to achieve by setting boundaries and making sure that work does not encompass their whole lives. A good work-life balance is essential in achieving both professional and personal goals.
Saturday, March 1, 2014
How to Go from a Wannabe to a Great Leader
Many people believe that when they get the title of supervisor or boss, they automatically become a leader. This is far, far from the truth. Being a leader takes much more initiative and involvement than many people can or care to deal with. If there is a desire to become a truly great leader, there are some things you can do to go from a wannabe to a respected, successful leader.
Get Results the Right Way
One of the most important attributes of a good leader is that they perform their duties at a high level and get the job done while consistently exceeding other expectations. How these results are achieved is also important. Abusing the title of “leader” by alienating and extorting others to get the job done is probably the farthest single point from being a great leader. Great leaders get the job done by collaborating and treating their team with respect.
Honor Your Commitments
Wannabe leaders care more about making promises and keeping their superiors and peers happy than actually following through with those commitments. Another great attribute of a great leader is honoring the commitments and promises they make. More importantly than this is that these types of leaders recognize when they cannot make a promise and have the ability to remedy the situation in another way.
Genuinely Care About Others
True leaders take a genuine interest in their team and other people that they work with and supervise – to be blunt there would be no leader if they did not have people to lead. Great leaders recognize this and make sure to treat their teams with respect and care more about them than about the process of getting something done. True leadership does not seek the admiration of others but instead admires them.
Every great leader has confidence, but are they willing to share their knowledge. In many cases, "bosses" are terrified to share what they know with their staff for fear of making themselves replaceable. This attitude all but guarantees failure and the loss of exceptional employees. Instead, take the attitude that you are making yourself promotable by growing your staff to fill the void as you move up the ladder.
In many ways, it takes a certain kind of person to be a great leader. Even though someone may have the title, it takes a lot of other considerations before they can be considered great. By taking the time to get the results the right way, honoring commitments and caring about others you can be well on your way to becoming the leader you want to be!
Would you like to learn more about Stacy O'Quinn, becoming a better leader, and learning how to start your own legitimate work from home business? Click here.
Posted by STBW at 11:08 AM
Thursday, February 27, 2014
How to Hone Time Management Skills to Gain Business Success
Many professionals believe that in order to be successful in their business they must dedicate all of their time and essentially their entire lives to working. Setting enormous goals and working 24/7 can actually evoke feelings that are the complete opposite of success – people who dedicate so much time to working often feel physically and mentally exhausted, frustrated and like they are not accomplishing enough for the time they are putting in. It is possible, however, to become greatly successful without being consumed by work all of the time.
Eliminate Unnecessary Tasks
One of the biggest pitfalls of time management is trying to do everything all of the time. It is almost impossible for a single person to complete all of the tasks that everyone wants completed in a reasonable amount of time. An important element of time management success is focusing time and energy on the tasks and people you personally value most. This will help eliminate those menial tasks that are not that important and eat up precious hours out of the day. By working toward and focusing on what is truly important, it will help get those tasks done faster and increase productivity overall.
Delegation May be Necessary
When you have a lot on your plate and need to focus on the important tasks and responsibilities, it may be time to delegate some of the smaller, less important tasks to others. For some people, delegating tasks is difficult because they do not want to burden others or do not trust them to do as good of a job. In order to put the right amount of energy into important work, it may be necessary to let others help. It is important to trust in the knowledge and ability of the other professionals in a team and make the effort to work together to relieve each other’s work loads.
Create an Action Plan for Goals
Some professionals believe that having a goal and working tirelessly towards it is enough to see success. Unfortunately, many people with this mentality fail personally and professionally before they even truly get started. Part of effective time management is planning – in order to achieve goals and dreams without spending endless hours working it is important to create a detailed action plan. This will help outline all the assignments that need to get completed in order to reach a goal. This will also establish a timeline of when things need to get accomplished instead of trying to complete them all at once.
Success, both in business and in life, is something that almost everyone strives to achieve. Traditionally thinking has many of us believing that in order to achieve professional success we must put in the time – and a lot more of it than we truly need to. Enormous success can be achieved in a reasonable amount of working time when proper time management is implemented. By eliminating unimportant tasks, not being afraid to delegate and creating a detailed action plan, you will be well on your way to success without spending more time working then absolutely needed.
If you would like to talk to Stacy O'Quinn on how to get your work from home job started off effectively, please click here.
Friday, February 21, 2014
How to Create a Positive Environment in Both Your Professional and Personal Life
Being successful both at home and in the office is something that many people strive for – but success is not just measured by a yearly salary or other numerical value. Being successful encompasses a lot of different aspects including relationships, outlook, and personal perception. One of the building blocks for success in these areas is positivity. Here we will discuss the ways to create a positive environment in which to breed both professional and personal successes.
Creating Positive Relationships
Relationships are probably the most important element in all of our lives, and success does not only hinge on our professional relationships. Having a good relationship with our spouses and family members is just as important as having a good relationship with our peers and supervisors at work. So, what is the secret to building positive relationships with all the people in our lives? The answer is simple – engage people in conversation, voice needs and wants appropriately and truly listen to others. Everyone wants to be heard, and having the ability to truly listen to and understand their needs and wants will make a huge impact on them.
Develop a Positive Outlook
Even though relationships with others are important, so is your personal outlook on life. If doom and gloom is all that is thought about when discussing the future, than that is what the future will be. Now, this is not to say that everyone should think life is all rainbows and butterflies, but constantly getting down on life and not having a positive outlook is no way to move through life. When you have a positive outlook on the present and the future, you are more willing to strive for success and make the most of relationships. A positive outlook can also motivate people to do more or do better, which ultimately leads to many professional and personal successes.
Perceive Yourself Positively
Creating positive relationships and having a positive outlook are two ways people can change how they are perceived by others – but what how a person perceives themselves? Self-perception is also very important in reaching personal and professional goals and can easily hinge on the people around a specific person. Individuals who have a negative self-perception more often than not have people around them influencing that feeling. This may not be direct, such as calling someone lazy or unmotivated, but can be indirect by unknowingly modeling others behaviors. In order to gain a positive outlook, surround yourself with like-minded, optimistic people.
When striving for success, it is easy to become disappointed when we do not achieve our goals right away. Instead of allowing the negativity to take over, it is important to keep in mind that positivity is one of the many keys to success. By creating strong relationships, having a positive outlook and surrounding yourself with like-minded, encouraging people it can be much easier to take life’s hurdles in stride and keep moving toward the overall goal of personal and professional success.
Monday, February 17, 2014
Tips for Keeping Business Finances in Order
Running a small business is a lot of work and there are many things that owners need to keep in order. On top of managing products or services, employees and customer relations, it is also important to properly manage a small business’s finances. This is important for not only paying employees or filing taxes, but also having updated and accurate figures to track growth and find information such as the cash-flow projection. Here are some tips to help keep business finances on track.
Separate Personal Finances from Business Finances
One of the most important things to do to help keep a small business on track is to keep personal and business assets separate. One of the biggest mistakes small business owners make is running their entire company out of their personal bank account. By separating these accounts, a business owner can help protect their personal finances. Also, having a separate business account makes is easier run vital reports and business management tasks.
Keep Paperwork Organized and Accurate
It is important to keep track of receipts and important paperwork - these types of items are crucial when trying to run some professional reports and filing taxes. One of the first steps in keep these items organized is by utilizing user-friendly bookkeeping software which makes it easy to input expenses and payments. Many of them even have the capability to generate financial reports based on that information.
Benefits of Keeping Accurate Financial Records
When there is an accurate record of financial transactions and reports are generated, business owners are able to see trends in their business. This can help them identify opportunities and see where more attention may be needed. This will also help business owners price their good and services competitively, trim excess spending, and pace growth over time. Most importantly, having finances in order can help manage the businesses cash flow, which helps important bills to get paid on time.
Many small business owners bury their head in the sand when it comes to the finances – many people feel that they do not have enough experience or the time to deal with this important aspect of any business. It is important to get over this financial learning curve to help keep the business on track. By keeping personal and business accounts separate and keeping paperwork in order, a small business owner can reap the benefits by seeing trends and managing cash flow.