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SDH194: What to Expect When You Quit Your Job and take The Leap with Amanda Boleyn

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Friends! Today's podcast episode is sponsored by Acuity Scheduling. I cannot tell you how much time this tool has saved me when booking interviews for the podcast, scheduling meetings and so much more! It even lets me collect information AND documents from folks when they're signing up for a time slot. If you've never heard of Acuity Scheduling or any other scheduling tool, you DEFINITELY need to check this one out. It has helped streamline my schedule and increased productivity. Give it a go and try 14 days for FREE.

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The biggest thing here is to remember that everyone’s journey is different. For some of you when you walk in and take THE leap you could have a sense of calm come over you, excitement and for others it may be something like “Oh my gawd. What did I just do?” and that is okay. Those feels are totally normal.

One thing I have noticed is that the journey of an entrepreneur the first year in business is different from that of second year, third year and so on.

If you can get through the first couple of years, have a strategic plan and surround yourself with the right people you can continue growing your business long-term.

For the sake of this podcast I’m going to walk through some of the first year woes ;)

Also, stay tuned at the end of the show to hear from Tess Wicks who will be presenting on how to price for profits. 

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SDH 193: What to do When You Want to Start a Company But Don’t Know Where or What to Start

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Friends! Today's podcast episode is sponsored by Acuity Scheduling. I cannot tell you how much time this tool has saved me when booking interviews for the podcast, scheduling meetings and so much more! It even lets me collect information AND documents from folks when they're signing up for a time slot. If you've never heard of Acuity Scheduling or any other scheduling tool, you DEFINITELY need to check this one out. It has helped streamline my schedule and increased productivity. Give it a go and try 14 days for FREE.

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In this podcast episode, I’m going to cover what to do when you want to start a company and know exactly what you want to start and what to do when you want to start a company but have no clue or too many ideas that it becomes overwhelming and you shut down.

Write down the list of ideas you have:

  • Keep in mind what you're good at. If you're in a full-time job, what is it that you do well at and what do you enjoy doing
  • This is a judgement FREE zone. Let your mind and creative process flow.
  • Be patient.
  • Ask yourself what are some daily frustrations you have? What are problems that you want solved in your own life?

Focus:

  • Circle the top 5 ideas that you have that you're excited about
  • Number them 1-5, 1 being the first thing you're going to explore and 5 being the last thing you're going to explore

Iterate:

  • Remember that iterating is a process. In the beginning you may feel overwhelmed because you're doing so many things, that is okay. That is part of the process. Each time you do whatever it is that you do, you get to iterate it, make it better. 
  • Be patient. Entrepreneurship and creating a business requires a ton of patience and persistence. 

 

Once you're in the the thick of it....

  • If you're struggling because you can't figure out the name of what you want the business to be, use what I like to call a place holder. Create the content and the meat of your biz and then go back. Don't get hung up on trying to create the best name for your business. 
  • Chose the correct business entity
  • Apply for an EIN in order to obtain a business checking account to help keep personal and business expenses separate 
  • Create a one-pager business plan. Be sure to include a marketing plan, path to revenue and service/product that you're offering and what need are you solving. Check out this interview for a full rundown of what goes into your one-pager. 

Hope you guys enjoy! And for today's mini episode I'm sitting down with Katie Lord who will be covering all aspects of marketing at the She Did It Her Way Summit

 

 

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SDH192: Putting in the Work to Make Your Dreams a Reality with Megan Minns

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Is your passion in life really what you should be building into a business? How would you go about figuring that out?

Megan Minns, went all through that painful epiphany, and her business today offers project management services to higher level business owners. However, she spends most of her time helping new business owners develop productive systems to keep them organized and efficient. Her underlying passion and fulfillment in her work comes from helping people make their dreams into reality by encouraging them to see their potential and start building their brighter future.  One area she flourishes in, and offers the most guidance in with her services, is the technology realm. As a kid, she was able to master new technology with ease, and with her programs and tutorials she offers simplified methods to navigate scheduling and organizing software and apps; such as Asana.

Originally, she almost went into the medical field with a concentration in psychiatrics due to outside pressure. While she loved science and the medical field, she found herself spending a lot of her free time sketching because half of her heart belonged to the arts. She eventually gave into practicality and stability, and with her degree in psychology, she got a full time job in human resources and recruiting. In this role she felt that it was a nice blend between the creative and science thought process.

She also found a way to mix her two loves with a blog she started in college called, Organized Meg. Admitting that her blog wasn’t that good, she said it introduced her to the blogging world, as well as website building and design through blogging platforms like Zanga. She said she also learned that there was a way to build a business without a college degree, and following a structured corporate ladder. About a year later she began to actively seek a creative outlet, and in May of 2013, she officially launched MeganMinns.com in which she offered creative services. Through MeganMinns, she offered branding, web design, and custom handwriting for projects like logos and wedding invitations.

As her business began to take off, she started to live an unhealthy lifestyle due to balancing a full time job, gaining a masters in organizational and human resource development, and MeganMinns. She started working during the nights and weekends and isolating herself socially, butby January she had relaunched her MeganMinns as an LLC. While she was proud of her of her growth, running her business became a chore and the creative workload was no longer something she loved.

She said being in the art industry left her in a bad mindset where she was comparing herself to other artists, and felt less than when she didn’t meet their skill. Art and creativity was something she loved expressing for herself, not for other people, and she didn’t like having her creativity up for debate. And so, she took a break in 2014, and began re-evaluating her business direction. With the help of a mentor she curated her strengths and found what passions she could express in a business.

She asked her what are some things that she was good at, what comes to her with ease, and what projects are people thrilled with of hers in the corporate world. Through those questions, she found that she was good at identifying areas of improvement within companies, creating a plan for improvement, as well as managing and executing that plan. She also remembered her savvy-ness for software and tech, and concentrated that skill into the world of corporate HR.

From there, she relaunched MeganMinns with virtual assistant services focusing on implementing new tech systems, establishing new work flow and processes, and organizing digital files. In an instant, she was booked out via Facebook groups she had been blogging through. By summer 2015, she successfully launched her first online course, and the positive reaction from clients showed her that she can launch a profitable product, and it validated that she could develop her business so it would provide a steady income. By that November she finally quit her full time job.

Hear more about what it was like for Megan making that transition, uplifted her clients, grew her passive income with downloadable products, and learned how to be a CEO!

 

In this episode you will…

  • Learn how to balance and blend your opposing passions
  • Figure out if your passion is better expressed for yourself or for clients
  • Find what strengths and passions are applicable in a business
  • Be able to evolve your business as well as your personal brand
  • Learn how to remain the CEO of your business while keeping the personal touch with your clients
  • Find a place for yourself within your business once you have a team

 

INSIGHTS

“My deeper purpose in business and in life is kind of helping people realize that they…can accomplish their dreams, and just encouraging them to take the action, make the commitments, and start actually doing the work to make it a reality.” –Megan Minns

“I can do web design…I can do handwritten logos, but it really boils down to this realization that even though I can do those things, that’s really not what I should be doing. And it was this painful, but really good ‘Aha’ moment…this has all been a path of self-discovery for me, and that was a harder one for me to learn.” –Megan Minns

“I was amazed at the reaction, and I was amazed at how happy my clients were, and I loved doing the work because it was finally back in my zone of genius, things I felt good about doing, things that felt easy…it was this awesome validation and it totally made the pain of pivoting and the fear totally worth it.” –Megan Minns

“I’m a huge fan of change and pivoting and evolving, and I think as a business owner you have to evolve, and be open to that, and even though it’s hard and scary you’re supposed to evolve. All businesses are supposed to evolve.” –Megan Minns

 

RESOURCES

Megan Minns Website

Megan Minns LinkedIn

Megan Minns Facebook

Megan Minns Instagram

Megan Minns Twitter

Megan Minns YouTube Channel

Asana

Brain FM

Slack

The Pomodoro Technique

Productivity Planner

She Means Business by Carrie Green

Profit First by Mike Michalowicz

You Are a Badass by Jen Sincero

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