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Small business advice personalized for those who are new to business
A few weeks ago I had the opportunity to be interviewed on the No Mercy Business Podcast with Emily A Woodruff. I was able to share with Emily and her listeners more about myself, my experience, and my role as a business coach. Now I'm sharing the content of that interview here for my loyal blog readers. Here is the transcript from the interview!
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If you’re someone who is passionate about paying off all student and consumer debt, you might be wondering if starting a business would be a good idea. On one hand it could help you pay off debt sooner, but on the other hand the start-up costs of business don't exactly fit with the “gazelle intense” mindset. What to do? As someone who paid off her student loans and started a business, I’ve got some thoughts to share on what you might consider when you’re weighing the decision.
Every business has some seasonal ebb and flow to it, but some businesses are a lot more seasonal than others. If your business experiences drastic differences between peak sales and lowest sales throughout the year, you most likely have a seasonal business. Here are a few tips to help you embrace and cope with the seasonality of your business.
Welcome to the first installment of our Legit Side Hustle Interviews! Each of these women have started their own legit side hustle earning at least an average $200 per month and working less than 10 hours per week. Enjoy!
Editorial note: some responses have been edited for readability and storytelling. These interviews are not clients of New Morning Coaching, unless noted.
Keeping track of payments, expenses, and making sure your business accounts stay afloat can be a daunting task when you’re just starting out. I love using YNAB “You Need A Budget” budgeting software to help me manage my businesses finances. This user-friendly software has made it really easy to keep track of my outflows and inflows, set aside money for upcoming expenses, and keep my businesses operating in the black. Here’s how I use YNAB for my business.
You’ve seen them around. You’ve gotten plenty of party invites. And you might be even envious of someone on social media bragging about this new life changing opportunity. Yes, friends, I’m talking about MLMs. So let’s dig into it. Attending a party is one thing, but is jumping into a multi-level marketing company a good business move?
As a self-employed person it can be hard to know where work ends and life begins. Working hard on your business without proper self care can leave you feeling exhausted and hopeless. Exhaustion and hopelessness if left untreated will lead to burnout. And we don’t want that. Your business is a blessing to the world, don’t let it fade because of your own lack of self care. So what does self-care for the self employed look like? Here’s three key ingredients that must go into your self care routine, and don’t worry, I’m going beyond the basic “take a relaxing bubble bath” advice you’ve gotten elsewhere.
For the record, there’s absolutely nothing wrong with a relaxing bubble bath. It’s easy to put ourselves down, but when was the last time we built ourselves up?
Maybe you’ve thought about starting a business, but you’re quick to put yourself down. Maybe your doubts sound something like this: I’m not young enough, I’m not old enough, I’m not knowledgeable enough, I’m just a nobody, I’ve never even known a business owner - what would make me think I could be any different? If any of that sounds familiar, this blog post is for you. I quit my day job over three years ago!
A lot of people on the internet glamorize quitting your day job, pursuing your passion, and finally working for yourself! I will not be one of those people. Look, starting any business is hard work, but it can be especially hard when suddenly (or maybe not so suddenly) this business is your sole source of income. So, let’s talk about it. Here are five things that are essential to do before you quit your day job Soloprenuer is a trendy new word that means someone who works alone in their business. A lot of people have been using this word as a descriptor, adding it to their Instagram bios and email signatures. Heck, I might have even said (or typed) it at one point. However, now a few years into this building businesses thing, I can firmly say being a soloprenuer isn’t a good thing. And here is why...
How often do you celebrate? Do you find it hard to celebrate yourself and your wins? You should celebrate often: yourself, your wins, both big and small, and personal and business. About four years ago I started meeting with my accountability partner, a dear friend who also had a small business, for one hour every week. We’re both proud to say that we kept this commitment every week (with a few planned skips) for four really good (and really hard) years. One of the things that she started asking me a few years into our weekly calls was the question “What can we celebrate from the last week?”. And if I can be vulnerable with you for a moment, that question was hard for me to answer (not just that first time, but many many times after that). My thought process went something like: “Celebrate? I haven’t done anything to deserve celebration! I’m just doing what I should do and actually… I’m not doing enough, so I surely don’t deserve to celebrate!”
Does that resonate with you? If so, this article is for you! Let me help you see why it’s oh so important to celebrate often! Many new business owners will announce their idea, open their business, and turn on their website without a plan, without fanfare, without a proper launch because they don’t want the “added stress” of a launch. Sound familiar?
Unfortunately doing it that way usually falls flat and leaves new business owners feeling despair over the state of their new business. Listen, the sound of crickets doesn’t mean you have a bad business idea, it probably means you didn’t tell anyone about it! Launches, whether it’s a new business entirely or a new product or service within an existing business, are a fantastic and strategic way to grow your community, expand brand awareness, and fuel your content marketing strategy. If you’re debating between starting your business now vs. waiting for the “right” time, then this blog post is for you! I’m a fan of action and starting your business over waiting and waiting for the perfect moment. And so I’m going to convince you to start your business right now!
Canva is a great tool for easily creating static images, digital posters, and marketing materials. When compared to other professional tools like Adobe Illustrator, it’s much easier to use and much more affordable. Many small business owners fall in love with Canva and unfortunately make many mistakes with it. Here are the top mistakes I see very often:
If you’re thinking about starting a business, you’ve probably wondered about the differences between service and product based businesses and more importantly, which one is right for you. If that sounds like you, read on as I’ve put together some helpful tips that’ll help you make an easier decision.
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AuthorHey! My name is Christine and I'm an entrepreneur and small business coach. I've learned most of what I know through trial and error. I help women who are new to business to take their next steps with confidence and clarity. Archives
September 2022
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