Thursday, October 27, 2011

Money Talks; Everything Else Walks

Recently in a conversation with an associate, we were discussing venture capital opportunities of the past and how we both have invested more than just money but also our time, dedication and expertise; and for a few of those investments we've wound up with some beautiful-looking ownership certificates that have no cash value but make great wall paper. When it comes to having the desire to move your business up in the world, expertise is nice but money is what ultimately pays the bills for those direct and hard costs associated with running your business. For individuals to invest their cold cash into your business, they need to believe that what they're investing in will provide a return, and their belief is ultimately based on your own belief, the trust you have in yourself and your business idea.

You possess an impressive business plan, you've worked on your business design, and you've finished a feasibility assessment that indicates your business has the makings for making huge money. Great! The only thing stopping you from taking the leap is your need of raising money.

In this economy, finding individuals to invest in a small business isn't the easiest thing. But don't lose hope; they are out there, and yes, they are willing. These individuals are best known as "Venture Capitalists" or "Angel Investors." Basically, VCs impart fiscal backing to a company or firm that is in its early stages but nevertheless exhibits high potential in terms of forthcoming growth and profitability: exactly where you seem to be finding yourself. Their goal? To make larger-than-typical profits (i.e., stock market investments) on their investments. Don't fool yourself: VCs are fully aware that a number of these types of investment projects can and will end up losing money. However, VCs recognize that great earnings from some of their projects will more than compensate for their losses along the way. Venture Capitalists are receptive to taking high-level risks when other people may not be.

Continue reading here.

Friday, October 21, 2011

Your Health, Your Business

We've all heard the sayings "Money can't buy happiness" and "Money isn't everything." Today you will discover how, even though these perspectives regarding money may be true on one level, they certainly aren't true on all levels of our lives. Money or financial wellness will and does provide the means for having a foundation supportive of the other four key areas of your life being in balance, which ultimately impacts your health, relationships, spirituality and overall personal wellness.

In my line of work I see a lot of individuals who are self-employed and take active steps in ensuring they're doing right by both their businesses and themselves. They not only understand but embrace the philosophy that what affects one area of their lives will and does affect another. They also realize that when they are healthy, they actually end up positively affecting their bottom line financially.

Not quite sure how this all fits together? That's okay, because most people have a hard time grasping it as well when they allow themselves to see from a new perspective.

Continue reading here.

Friday, October 14, 2011

Love Your Children? Hate the Chaos?

Don't get me wrong. I love my children – immensely, unconditionally – and would not trade, give away or accept any other option that might be presented to me. But (and this is BIG "but") I hate the chaos that came with being a mother. Before having children, I adhered to a daily ritual of getting a coffee in the morning, sitting down to write my three pages of "stress dump," and then 20 minutes of meditation focusing on being centered and having a proactive day.

I truly thought I would be able to keep some (if not all) of this ritual in place once my son, who is now three, was born. But reality set in quite quickly, and it took me almost 10 months to find my groove again. I wasn’t sure if I would be able to do it, but I did. Then in May 2011 I gave birth to my daughter, and the groove I was able to find is once again changing.

Chaotic? Yes. Manageable? Yes. What did it take? Three simple steps (Remember Coach Karen's three simple steps to managing chaos and emergency life situations is I.C.E.) and a lot of self-patience!

Continue reading here.