Browsing Tag: entrepreneur

the-reality-of-dreams-2
Sometimes pursuing your goals can be exhausting. I had spent hours planning a photoshoot for my new product, only to be let down by the colors of my labels, the lighting, and the sunlight. I was disappointed and got very emotional. I also spent over 18 hours looking for a Web developer to design a new web application for my start-up business, and it has been overwhelming combing through hundreds of messages, jumping on one Skype call and another.
Building a dream can be time-consuming the journey of getting to the point where you can show off what you’ve been building, can feel like hell. Most times we forget that the journey is part of the dream. It is all-encompassing, its the full package.

Dreams are sometimes like that, they are never as expected. We plan things out perfectly in our heads but reality gives us a check and we must adjust accordingly. There are several ways to combat the funk that comes up when things don’t work out as planned.

#1: Let it flow. Sometimes what we focus so much on perfecting isn’t always necessary. In the case of my photoshoot, I focused on the positives, adjusted a few things and went along with the process.

#2: Don’t get funky: it’s easy to get upset, discouraged, and downright funky because you didn’t have your way. You have to keep one thing in mind (nothing good comes easy). Always remember that when next you hit a block on your way to greatness. In my case, I focused only on the positive and put a spin on the photoshoot.

#3: Step back: One way to not flat line and kill your dream, is to step back and re-access; ideas can come at us with grandeur and our budget, skills, and resource can’t make it out the way we see it in our heads. It’s okay to step back and find another angle to accomplish your goals without losing your mind.

The truth is your dreams have a life of their own. They may not always take the intended course but be rest assured that they will come true.

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9-things-to-look-for-with-business-opportunities

If you are considering striking out and starting a new business, you have probably been investigating what is known as “business opportunities”. A business opportunity is usually a complete package that contains a product or line of products, and a marketing strategy for selling that product. Any business opportunity worth considering will either have a track record that you can investigate and evaluate, or it will have a clear statement of the plan, the potential, and the up-front costs. Before investing any time or money in a specific business opportunity there are some things you should consider. Here are some of the more important ones:

How long has the business opportunity been around? – Before investing time and money in marketing a business opportunity it is important to determine how long that business has been operating, the success rate, customer base, etc. If it is a new concept that has not been proven in the marketplace, you have no assurance that it will even work.

Does the company have a fixed address and phone number? – This may seem obvious to you, but the fact is, thousands of “companies” operate with nothing more than a website and an email address. Many of them are here today and gone tomorrow. Make sure the business you intend to deal with has a fixed address, physical location, and established phone number.

Does the business opportunity have some successful members you can talk to? – Most business opportunities will show you “testimonials”, but these are often untrustworthy. They could even be completely fabricated. Ask the owner of the business opportunity for the names of real people you can talk to. Call them on the telephone and ask them to share their experiences with the program. This will not only provide you with valuable first-hand information about the program, but it will give you a list of advisors who may be happy to help you along the way.

How much initial investment is required? – In many cases, a proven business opportunity with a successful track record will involve some kind of initial investment. This could involve an initial amount of product inventory, a program subscription fee, or possibly a piece of equipment required to produce or finish the product. You should not assume that a business opportunity that is free to join is a better investment. Usually, a free-to-join business opportunity will involve other costs such as marketing and advertising fees. Nobody gives away “opportunities” for free. What you have to determine is whether a specific business opportunity has a successful track record, is managed by honest people, and offers you a realistic chance of actually making some money. These are the things you must weigh against the entry costs.

What is the realistic income potential of the business? – Have a careful look at the numbers and projections provided by the business opportunity. Then talk with actual members who are using the program to determine if they have been able to turn those numbers into reality.

Are there extra fees such as yearly or monthly subscription fees, shipping costs, or minimum purchase requirements? – Make sure to get a detailed list of all the fees involved in operating the new business. These things may not seem significant now, but they can easily eat into your profits later.

Who controls the money? – When you generate sales for the business opportunity what assurance do you have that you will get your share of the profits? This is the primary reason not to deal with “fly by night” outfits that have no track record. Again, the best way to get an accurate reading on this is to talk with people already using the program.

Does the business opportunity provide marketing materials and person-to-person mentoring? – One of the most difficult parts of starting a new business is “learning the ropes”. It can be extremely helpful to have advisors who have first-hand experience in making the program work. The same goes for marketing materials. You will have enough to do without having to create brochures, ads, and newsletters for your new business.

How much control of your new business will you have? – Be clear on who owns the business, and who controls the way it is developed and marketed. You may want to diversify your product offerings in order to avoid being at the mercy of “head office”. Remember that you are trying to create a business that has long term value. This will involve considerable investment of time and energy on your part. You don’t want your business to be completely dependent on the stability and integrity of a single supplier.

The ideal business opportunity is one that is offered by a stable company with a proven track record. The business opportunity should require low initial investment and have high-profit potential both in the short term and in the long term. It should allow you to build a profitable business of your own that will be a source of income far into the future.

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fashionablyyours

 

Kabrea Thomas is the CEO/Founder of Fashionably Yours. She is a New York City-based Image & Wardrobe Stylist and Personal Shopping consultant. Her firm provides styling services to professionals who want to add “umph” to their wardrobe so they can stand out and feel confident in what they wear.  

What habits and mindsets helped make you successful?
The habits that I’ve kept me successful is surrounding myself with others who are entrepreneurs- these people are dealing with the same things I go through every day. As an entrepreneur, I read so much on a daily basis. Things that relate to my everyday lifestyle and motivate me on a daily basis. I enjoy watching videos of other well-known entrepreneurs who went through what I did, and show me that I’m reaching closer and closer to my goals every day. Just following this routine every day allows me to appreciate my growing success every day.

How did you distinguish yourself from your competitors?
I believe that my competitors are awesome! And I’ve even had the pleasure of meeting a few of them, what makes me unique is the way I work. My goal is to incorporate a fashion forward, a trendy yet comfortable wardrobe that fits my client’s everyday lifestyle. I believe that being an image consultant is more than just shopping and putting pieces together. It’s about knowing the person you’re styling. What does he/she like and feel comfortable in? I’m all about making my clients stand out and feel confident in what they wear.

What was your biggest mistake?

I wouldn’t say that I’ve made any mistakes, instead, I’d say I’ve made decisions that have helped me learn and grow. Sometimes when you’re starting a business, or even when you have an idea you automatically think boom- you’re going to be a major success. I’ve learned that patience is key to any success.

How do you learn from failure or setbacks?

I’ve been able to learn that it’s okay to take a step back and reevaluate yourself and what you want to do with your business. Life happens, and we all deal with obstacles differently.

What are the most crucial things you have done to grow your business?
The top 3 most crucial things I’ve done to grow my business would be networking. Networking is obviously the number 1 core to growing your business. The more people you know the more chances you are going to talk about your business. And the more who know about it talk more about your business. Secondly patience- success certainly doesn’t happen overnight. It’s all the little things that add up to that big great thing you were working on. And last but not least of course vulnerability. I never believed in this one but it’s true. You have to put yourself out there. Tell people your story. Inspire others along the way is my favorite thing to do.

What three pieces of advice would you offer entrepreneurs starting out today?

When starting out things will be super tough, sometimes you won’t have as much support as you thought and there will ALWAYS be someone out there who will doubt you. But try and surround yourself with others just like you. Put yourself out there. You have an amazing idea/product/service that everyone needs to know about. And always remember you ROCK!!

styling-3Why are fashion and personal styling important?

Fashion and personal styling are important because your appearance is the first thing that gets noticed on a daily basis. Through it all, not many take the time out to put an outfit together, and in most cases that can lead to low self-esteem and even depression. What I do is work from the outside and then work from within. You’re an important person, and when someone sees you they should think that too.

How has being an entrepreneur affected your family life?

When I finally made the decision to start my business it was at a very hard time in my life. I didn’t have the support from my parents, but I was able to make changes just from my routine and the way I thought. I knew that my business was worth it, so I made some changes in my life.

What motivates you?
What motivates me is my future. I know that I am capable of so many things. The more I let my mind wonder, the more I think about all these amazing things I can do to change one’s life, feeling and maybe even the world.

What makes you happy?
My business makes me happy, being able to learn and have a spiritual connection with a new friend. Food makes me happy (lol); my close friends and family make me happy. Life in itself makes me happy!

What sacrifices have you had to make to be a successful entrepreneur?
As a successful entrepreneur, there are many times when I’ve had to put my business first, not too many people will understand why, but when you start a business your main goal is for it to continue growing.

How do you define success?
Success to me is beyond dollars. It is the ability to have your cake and eat it too in my book. Success to me is being able to live the lifestyle you’ve always wanted without a financial burden.

How do you live an authentic life?
I’m not sure that I’ve got the hang of it as of yet (lol). I’m actually still trying to balance out having a life and a business as two separate things. Let’s just say it’s something I am working on at the moment.

What does living a Designed Life mean to you?
Living a designed life is freedom! It’s showing others your truth and what you’re capable of. I truly believe that only the strong can truly live a designed life.

Click here to find out more about styling from Kabrea Thomas   

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