#1 Thing You Can Do to Increase Your Chances of Success

As entrepreneurs, we are seldom "in the moment". By nature we are restless creatures looking for the next best thing. In the online world, this is often called the "bright shiny object syndrome".

This tends to be a blessing and a curse. A blessing because of our desire to build and create. A curse, because for many, it is a challenge to truly see our big ideas through to fruition. As big ticket thinkers we often miss those devilish details.

And that my friends, is the #1 thing you can do to increase your chances for business success. Create a strategic action plan to achieve those devilish details and your most important business goals.

Ideal hands waste the day away. So, get what's in your head on paper and into a strategic action plan. Go step by step and think about the details of each goal and its objective as it relates to your business and your life. What's monitored is measured. What's measured gets done.

Be SMART about it. S.M.A.R.T. goals are the ones that get done with the least amount of time, money and resources.

Specific - ask for exactly what you want. In doing so your brain will begin to think in specific terms and your actions will follow.

For example rather than say "I want a successful business", you might say "I want a business that helps my customers to see their full potential. I want my customers and my staff to feel appreciated and respected. I want to earn $1 million dollars by providing high touch - high valued coaching and consulting services that allow each business to achieve their most important goals. Hey, that sounds pretty awesome - wouldn't you agree?

Measurable - measure your actions to your expected progress weekly, monthly and annually. Again be specific about what you are measuring to get the greatest result.

Actionable - your actions are the keys to the kingdom, so define them in detail. What exactly are you going to do to achieve your exact goal?

Realistic (but reaching) - our perspective is our reality, but I'll caution you they are seldom on the same page. So be REAL about where you are, what you what and how you'll get there. The sky's the limit of what you can really do once you decide you can. Achieving goals is 110% a mindset!

Timely - what's your time frame for each action you will measure to achieve your goals. Break it down into small steps rather than miles. Break down months into weeks, weeks into hours. Manage your time well and your goals will be a reality before you know it.
Its really true, action speaks louder than words. I knew you were smart. So get busy!

How To Quit Your Job With Integrity

I was so nervous the first time I quit a job. I wasn’t sure what to say or how to handle the transition. I relied on Google to give me the right steps to take. I prepared accordingly, told my manager, handed in my resignation letter, did all of the other necessary steps, and left knowing I’d have a good reference if I needed one in the future. I was able to quit my job gracefully and keep the professional and personal relationships I built at the company. Want to know how I did it? Here are a few things you need to know about quitting your job—with your reputation and a reference in hand.

1. Create Revenue With Your Side Business FIRST

When you give your two week notice at your 9 to 5 job, make sure that you set up the side hustle(s) that will help you keep afloat while trying to build your business. 

Within six months of hustling, my online business began to generate more clients, and I was able to leave my 9 to 5!

2. Tell Your Manager

Your manager should be the first person to know that you are resigning from your position. You can tell Human Resources and your work friends afterwards. It’s better that the news come from you.

Email your manager to set up a time to speak. You don’t have to tell them that you are setting up a meeting so you can resign. (That’s the work equivalent of a breakup text or breakup email.) You can be vague and say that you’d like to speak with them and ask to put time on your manager’s calendar.

Start the meeting by telling your manager that you’ve decided to pursue a business that you’re passionate about and that you appreciate their support.

Remember to stay positive even if you didn’t enjoy your job, and are so excited to be handing in your notice. Tell your manager that you had a great experience, learned a lot, and that this move is what is best for you and your family. Staying positive is one of the keys to leaving on a good note.

Remember to stay positive even if you didn’t enjoy your job, and are so excited to be handing in your notice. Tell your manager that you had a great experience, learned a lot, and that this move is what is best for you and your family. Staying positive is one of the keys to leaving on a good note.

3. Offer at Least Two Weeks Notice

Two Weeks Notice isn’t just a great romantic comedy starring Sandra Bullock and Hugh Grant. Most jobs expect you to give at least that amount of time when you quit, meaning that you work for two weeks after formally resigning. Your manager may ask for you to give more than two weeks, or you may want to offer to stay longer to wrap up projects.

You’re more likely to be in good standing with your current company if you make the transition as seamless as possible—even if it means staying a week or two longer. This is especially important if you have a senior position or if you’re working on client work that will be finished within a reasonable amount of time.

4. Write a Resignation Letter

After meeting with your manager, write a formal resignation letter for Human Resources to keep on file. Be brief, straightforward, and positive. Date it, sign it, and notify them of your last date with the company.

5. Help With the Transition

Do as much as possible to help with the transition as you exit your role at the company.
Write down details like important deadlines, notes about clients, and other pertinent information. Additionally, organize all papers and electronic files so that they can be found easily (and no one calls your cell phone with questions).

6. Complete as Much Work as Possible

Finish as many projects as you can before you leave. You understand the work best, so there is a higher likelihood that the work will get done correctly and efficiently if you’re the one doing it.

Finish as many projects as you can before you leave. You understand the work best, so there is a higher likelihood that the work will get done correctly and efficiently if you’re the one doing it.

If you can’t finish in time, or if it’s an ongoing project—add details, action items, and descriptions to your transition document.

7. Tell Your Colleagues

Let your coworkers know that you’re leaving. Make sure to tell a consistent and positive story—even if you’re leaving because your boss makes Miranda Priestly look like a piece of cake. Don’t start the rumor mill because your reputation may suffer as a result.

Let them know what you’re doing next, connect on LinkedIn, and ask people you worked with closely for a LinkedIn recommendation.

8. Write Thank You Notes

Write handwritten thank you notes to your manager, mentors, people you managed, and people you worked with closely. In your letters mention what you learned from them, your appreciation for their work, how much you enjoyed working with them, and let them know how they can stay in touch in the future. Some companies will even allow you to write a company, office, or team-wide email.

9. Be Diplomatic in Your Exit Interview

Many Human Resource departments will ask you to complete an exit interview. The purpose of the exit interview is to solicit your feedback about your role and time at the company and to make note of your reason for leaving.

Don’t use this as a time to vent, because the details will be recorded. Simply answer diplomatically, positively, and explain that you’re leaving because you’ve found a new opportunity that will be good for your career path and accomplishing your professional goals.

Mention that you enjoyed your time at the company, learned a lot, and are excited about the next step.

10. Stay Positive When You Leave

It is a very small world and you don’t know how people are connected or what could get back to your potential employer. Stay positive in the story you tell in person and on social media when you leave. Oh, and don’t raid the supply closet for notepads and ballpoint pens when you leave!

One of my life mottos is to never burn bridges. Who knows—your colleagues or company may be a future client of yours! You’re also likely to need references as your business progresses.

Follow these tips when you do quit to help you leave your job gracefully, while maintaining the important relationships that will help you continue to grow your career.

How To Leave Your 9 to 5, Replace Your Income and Create An Online Business You LOVE In Just 6 Months!

Why do you spend ⅓ of your life working in a 9 to 5 job that gives you stress and anxiety, keeps you away from your family, and creates a better life for someone else? 😨

👉 Is checking your email the first and last thing you do each and every day?

👉 Is your boss texting and calling when you’re trying to have dinner with the family or when you’re putting your kids to bed?

👉 Are you mistaking stress and constantly being busy for feelings of fulfillment and purpose?

👉 Are you losing sleep? Or do you even remember what a good night’s sleep even feels like?

So many people are being held back and getting burnt out from their 9 to 5 job. 🔥🔥🔥

Are you one of those people?

I’m sharing my proven 4 Step Framework that I used to quit my 9 to 5 job, create my successful online business, and start loving life all over again... all in a FREE LIVE Webinar and you're invited!!!

To learn how to integrate these simple steps so you can feel confident in you life AND your business, click the image above to register for my FREE LIVE training class.

Grab your spot now 👉 

 

How to Know You Should Quit Your Job

Stop looking for signs to quit your job. Recognize the ones that are already there. Over 52 percent of Americans are unhappy at work, and those are the ones talking about it. Some do their best to deal with it. Some take the more optimistic route, and try to change their personal perspective. Others realize their unhappiness and leave. Most stick it out until the bitter end.

 “Suck it up.”

“Focus on the positive.

You’re paying bills.”

“It’s just a job.”

“All I have to do is work harder.”

Repeating those comments to yourself like a mantra and hoping they take effect only lasts so long. Here’s how to know you should quit your job.

If you’re looking for a sign to quit your job, here are 14 of them:

1.  You’re reading this post.  It’s okay. Keep reading. 

2.  You’re well-versed in the art of hiding.  You go to the bathroom to escape your coworkers, check your phone, and cry.

3.  You wait for any sign to take a “sick day.”  There’s an inch of snow outside. A headache is a throbbing migraine that makes it hurt to think — which could be from trying to decide whether you should go to work or call in sick, again.  Your job is literally making you sick.  Persistent migraines, chronic fatigue, and depression are signs that your body and mind have had enough. Take a closer look at how you feel about your job.

4.   You’re such a “busy” bee!  Busy work looks like you’re managing a major work crisis, even from close up. Bonus points if you’re using a proxy site or sneaky add-on to make Buzzfeed look like a very important memo.  What this shows is that work is boring you, especially if you’re done with your actual duties in two hours of the eight-hour work day. You need something that utilizes and challenges your skill set.

5.  Whiskey Wednesday is your favorite weekly pastime. It’s good to get to know your coworkers and have the odd drink, but what happens when it’s too much of a good thing? Whiskey Wednesday becomes Weekday Whiskey.  Don’t drink to forget your job. Regularly drinking alcohol can lead to long-term sleep problems, which only makes the problem worse. Even one night of heavy drinking makes you moodier, unable to focus, and unable to retain information at work.

6.  You’ve already drafted your resignation letter.  Or did the Google search for the, “how to get out of jail quick” letter template.

7.  You’ve changed offices more times than you can count on one hand.  Sometimes this is a positive change, but if this change occurs too often, it gets old fast. If the company is constantly being re-organized, the stress from moving offices will affect your job performance and personal sanity.  When leadership roles and policies change too quickly and too often, this indicates a shaky administration behind the scenes. That’s not good for your career.  Has your specific job role taken you through every department in the company? If you’ve migrated from department to department and still haven’t seen a promotion, it’s time to quit your job.

8.  Day old coffee, all day coffee and you don’t care.   Whatever gets you up, in the car to work, eyes open, back in the car and home again, you’ll drink it.If you need four cups of so-so coffee just to survive the day, despite all the health risks you know you’re subjecting yourself to, it may be time to go somewhere that makes you a little more enthusiastic.

9.  You’re nearly literally a zombie.  The day at work is so draining that you come home, groaning, and fall right into bed. Bonus points if your shoes are still attached to your feet. When your job drains you so much that you don’t spend time with your family or take care of yourself, it’s time to quit.

10.  EVERYONE is telling you to quit your job.  Your family sees it. Your friends see it. Somehow, you’re still making excuses. Why is that? The only permission you need to exit is from yourself.

11.  You’ve been researching exit strategies.  It’s always good to have an exit strategy so you’ll be able to support yourself. Has this planning taken you months or years? If you’re all words and no action, you’ll never quit.

12.  You have Stockholm syndrome.  It’s not that far-fetched. You don’t want to quit and leave your work-family behind to suffer in a toxic work environment without you. It’s been survivable suffering together. Life-changing bonds are formed through trauma and the family we create for ourselves. It’s hard to let go of what’s familiar.Truthfully, though, be the example. If you leave, others may give themselves the permission they need to finally resign, too.

13.  You’re on the cusp of dismissal. The reason is likely a collection of reasons already discussed in this post. Are you constantly late, sick, or not effectively doing your job? Are you doing your job too well, and no one has noticed you to give you the promotion you deserve? Are you shifted around departments in the form of a “promotion” that doesn’t satisfy or challenge you? It’s likely the reasons are linked to what you should be getting from your job but aren’t.  Quit before you’re dismissed. Your actions and how you feel are already telling you what you need to do here.

14.  If you’re looking for permission to quit your job, give it to yourself. Are the mantras working anymore? Can you continue to “suck it up,” or are you finally fed up?

You already know the signs you need to quit your job. You’ve lived them. Now act. 

Looking to leave your 9 to 5?

Join my FREE Webinar “How To Leave Your 9 to 5, Replace Your Income and Create An Online Business You LOVE In Just 6 Months!” where I’ll teach you the exact 4 Step Framework I used to go from bored, unfulfilled and exhausted employee to happy, fulfilled and full of life entrepreneur!

ARE YOU READY TO QUIT YOUR 9 TO 5 FOR GOOD?

Click here to join for FREE!  

Top 5 Reasons Small Business Fail and How To Ensure Your Success

According to the U.S. Small Business Administration, over 50% of small businesses fail in the first year and 95% fail within the first five years.  

1.  Lack of Business Planning

The majority of small businesses fail within the first few years due to poor planning or no planning at all.  Having a business plan can assure when problems arise, you’ve thought out a solution.  Your business plan can also help you to focus on your goals and your vision, as well as setting out plans to accomplishing them. You should revisit and revise your plan annually.

  
2.  Lack of Time Management

One of the biggest challenges for entrepreneurs is to let go. Small business owners do not need to have hands-on control of all aspects of your business. They should concentrate on the most important problems or issues facing the company. Small business owners need to delegate responsibilities and authority to others in order to be successful.  Entrepreneurs fail to acknowledge the proper time for administrative tasks. Most small business owners assume the majority of their time will be spent producing and marketing their product or service. Unfortunately, this isn't always the case. The amount of time is spent on administrative tasks can be burdening.

3.  Being Everything to Everyone

Trying to do everything for everyone is a sure way to set your business up for failure.  Spreading yourself too thin, focusing on tasks that aren’t your expertise, creates low quality work and increases room for errors.

4.  Lack of Financial Planning

Most small business owners have poor record keeping and financial control skills.   As a small business owner, you must keep accurate financial and business records, you have to review your revenue and expense report each month, as well a file business taxes. If you don’t know how to do these, or don’t want to, hire someone who does.

5.  Procrastination

Putting off tasks that you don’t enjoy or don’t feel comfortable doing will set your business up for failure faster than anything else. You can’t afford to waste time on non income generating tasks while income generating tasks pile up. All tasks need to be done; if you don’t like to do them (or don’t want to spend your time doing them), hire someone to do them for you. 
 

Looking to leave your 9 to 5?

Join my FREE 5-Day “5 Steps To Leave Your Job In 1 Year or Less” Course where I’ll walk you through the process of planning, creating, and launching your online business to an eager audience (even if you don’t have one yet). 

ARE YOU READY TO QUIT YOUR 9 TO 5 FOR GOOD?

Click here to join for FREE!  

5 Essential Things To Consider Before Quitting Your 9 To 5 Job

Are you thinking of leaving your 9 to 5 job?

I’m guessing you are, and that’s why you’re here. I get it – I really do.

I believe I always wanted to be an entrepreneur.  I didn’t know how, or in what capacity, but it wasn’t until my late 30’s did I think this dream could become my reality.

I chose to go to college and get a corporate job, because that’s what I thought I was supposed to do.  I didn’t think I had any other choice. I worked as a Financial Controller for almost 20 years for various companies.

After being burnt out from my 9 to 5, I started to do some research to see what else was available.  When I first came across the possibilities of online business, I jumped into research mode (because that’s what I like to do), and hit the books (or Google).

To be completely honest, it wasn’t easy. I confused myself with the many different options I learned from all my researching. It all seemed so impossible.  Did I want to be a blogger, a virtual assistant, a coach?  I could be so many things, but what did I want to do?

I was determined to be an entrepreneur and my interest in my 9 to 5 became less and less. Because I was a Financial Controller for so many years, and basically run 8 figure businesses, I knew I could help so many others.  I started my first online business, Virtual COO Solutions.  It wasn’t until I really decided to take a leap of faith that things really started to take off. There was light at the end of my so called tunnel of despair and frustration with my 9 to 5, and I was walking towards that light.

After that leap, I NEVER looked back. Today, I am a multi-passionate entrepreneur and have 2 successful online business - Virtual COO Solutions and Two Week Notice Society. I am actually living my dream of being an entrepreneur!!

Before you make the leap into entrepreneurship, it’s really important to be strategic, discerning, and dedicated.

Here are 5 Things You Should Do To Become Your Own Boss

1. Initiate | Determine WHY you want to leave your job.

For this first part, it’s important to determine why you want to leave your job.

For example – I want to leave my job because:

I want to stay home with my children
I want to be my own boss
I don’t like the people I work with
I’m not a morning person
I prefer to work on my own and in my own time
My job is too stressful
Whatever your reasons are, make sure that you are honest with yourself.

Next, make a list of what you don’t like and – this equally important – a list of what you like about your job.

For example – I don’t like:

The stress involved
The hours of work
That it doesn’t challenge me
It is is not “me”
That my salary does not reflect what I am worth

For example – I like:

My boss
The people I work with
The challenges I am presented with
Learning new things
That I get paid well

Weigh out the pros and cons of leaving your job. These should be based on the reasons you want to leave your job. 

For example – PROS

I will be able to spend more time with the children
I will be able to manage my time more
I will be able to focus on my passion

For example – CONS

Without my income, we will be living on a tight budget
I will miss my colleagues and being around people
I may find it difficult to get another job if I leave this one

Ask yourself: Is there anything that your current workplace can do to help ease your situation?

Often, people think they want to leave their job because there is something that is not being met. So, ask yourself if there is something that your current workplace can do or change to make you rethink your plans of leaving.

For example – I won’t leave my job if:

I am given a salary increase
I am moved to another department
I am given more responsibility
I am given flexible hours

Now this is important – if after doing this, you do find that there are in fact some things that your employer can do for you to make you stay in your job; make a plan to ask for it. It is so important that you know that employers and managers don’t think about whether you are happy or unhappy until you actually tell them.

Do not wait until you are ready to quit to ask for something you feel you deserve. This only causes resentment. It is very likely that what you are wanting to ask for is actually something that will be beneficial to both parties – you and your employer.

Employers and managers don’t think about whether you are happy or unhappy until you actually tell them.

2. Identify | What is your current income and how does it meet your family needs?

If you decided to go on to step two, it’s because you have decided that there is nothing that your employer can do for you to help make your situation at work better.

Now then, it’s time to identify what your family needs are, and how losing your income will affect you.
 
Write down your income and what that income does for you and your family.

For example: Income – $30,000 per year

This income is helpful in that it pays for the children’s activities and family entertainment such as going to the movies and dining out.

For example: Income – $60,000 per year

This incomes is supplemental to that of my husband / partner. It meets half of our household needs and is essential for groceries, children’s activities, and family entertainment.

For example: Income – $90,000 per year

This income is crucial as it pays for the family mortgage, daily family expenses, household utilities, children’s activities, and family entertainment.

3. BUDGET | What will give you and your family what you need?

Now, ask yourself: How will it affect my family if I lose this income?

If you temporarily lose your income, will your family be able to get by until such time that your business takes off and starts contributing to the family finances?

4. Plan | How can you achieve your goal?

Before leaving my 9-5 job, I made sure that I was putting aside some money to help as a buffer while I was setting up my business.

IDENTIFY YOUR OPTIONS – Now that you know what you need, it’s time to identify your options. For me, my goal was to have enough clients to replace my income before I left.  Note:  This is different for everyone!

So during this time, I chose to do these three things on the side:

1. I worked part time (6 – 12 hours a week) on my business to gain new clients.

2. Focused on building my online business so that I could continue to attract new clients.

3. Reduced spending as much as possible.

INVEST IN YOUR BUSINESS – It’s important to invest in your business. I hate to say it, but… you have to spend money, to make money.

Now because I love to research, I devoured everything that I could on the best courses that would help me achieve my goals. There was so much information, it was overwhelming.

I purchased a few online courses that turned out to be duds; and then those that were like striking gold! Total game changers!

I also hired a coach and joined a group coaching program that helped to accelerate the success of my business.

5. Implement | Do it

After you have done steps 1-4, it’s time to implement your strategy. When you give your two week notice at your 9 to 5 job, make sure that you set up the side hustle(s) that will help you keep afloat while trying to build your business. 

Within six months of hustling, my online business began to generate more clients, and I was able to leave my 9 to 5! 

Looking to leave your 9 to 5?

Join my FREE 5-Day “5 Steps To Leave Your Job In 1 Year or Less” Course where I’ll walk you through the process of planning, creating, and launching your online business to an eager audience (even if you don’t have one yet). 

ARE YOU READY TO QUIT YOUR 9 TO 5 FOR GOOD?

Click here to join for FREE!  

5 Steps To Take Before Making The Leap From The Corporate World To Entrepreneur

Deciding to leave your job to work for yourself can result from a significant life change. Other times, it is simply a matter of finally being ready to jump after months or maybe years of debating it. There may never be a clearly defined “right time”, and there will always be unknowns on the other side, but there are ways to prepare and ensure that you are set up for success. If you’ve been considering leaving your job to wholeheartedly pursue your side hustle or passion project, read my five steps below to help you start moving in that direction!

KNOW YOUR WHY

Daydreaming about the ins and outs of starting your own company is great, but it’s important to consider the motivations behind your vision. Are you starting a company that is filling a gap in the market and that you yourself would utilize? Are you creating a business that gives back to a larger cause? Or perhaps you want to freelance full-time because flexibility and work life balance are priorities for you. Write down why you are passionate about working for yourself and marinate on it for a while because this is what you will come back to time and time again when things get tough — because trust me, it will be a LOT of work! Make a list of the pros and cons for leaving your current position and then consider what is most important to you. Perhaps a con is working by yourself from home, but maybe that isn’t so bad when listed next to a pro of getting to work with clients who inspire you.  

LAUNCH YOUR PASSION PROJECT AS A SIDE HUSTLE

Before diving into your project with both feet, launch your venture as a side hustle and pursue it part-time outside of work hours. Create a business plan, map out your short term and long term goals, and start building your company. This will give you a better understanding of financial expectations and also confirm if this is really and truly what you want to do! If you do decide to make the leap, you’ll already have a solid foundation in place.  

SEEK ADVICE FROM A TRUSTED MENTOR

The decision to leave your job is ultimately up to you, but you don’t have to make the decision alone. In fact, I would highly recommend consulting someone, or multiple people, who you trust as mentors and advisors. This is a big decision, and you want to be sure that this path is right for you and that your business idea is supportive of your strengths and skill sets. A couple of side notes to go along with this point: first, we know that the ability to up and leave a secure job is not an option that is available to everyone, and we are very grateful to have had the opportunity. Secondly, if you are considering making this transition but are fearful of the unknowns, it’s important to remember that it doesn’t have to be a forever decision. As with accepting any new job, you aren’t committed to it forever, and if it’s not the right fit you can pursue something else. Adopting this perspective will help alleviate some of the anxiety and pressure you might be experiencing.

SCHEDULE LOTS OF NETWORKING COFFEES

Working for yourself can seem daunting and isolating. How do you grow and learn if you don’t have a manager or driven coworkers? How do you always make the right decisions for your business without being able to consult others? The thing is, working for yourself doesn’t mean you have to rely on your own intuition for every decision. Build a network of people in a similar field by offering to treat them to coffee in exchange for their advice. Use LinkedIn and social channels as tools for reaching out to people you have never met (yes, I have done this and have received successful responses!). Establishing a support system of talented, ambitious people willing to offer guidance is invaluable for the success of your company. And it also makes the process a lot more enjoyable when you have a network of inspiring individuals to bounce ideas off of!

BUILD A RAINY DAY FUND

If your side project isn’t lucrative yet, it’s of course a financial risk to put all of your eggs in one basket and say goodbye to a regular paycheck. While you’re gearing up to take the leap, be sure that you are saving up a rainy day fund that will help keep you afloat as you work your way towards a steady income. Financial experts suggest a three-to-six month cushion of living expenses, and you may want to adjust that amount based on how much you will be relying on savings when you start your venture.

Are you considering taking the leap to start your own company or join the freelance world? I’d love to hear your thoughts on how to prepare and what your biggest concerns are. Or maybe you have already done it, we would love to hear what worked for you!

Looking to leave your 9 to 5?

Here’s the thing.  You can either burn yourself out working your 9-5, your side hustle and raising your family, OR you can launch an online business that changes more lives and puts more money in your pocket. PERIOD.

Join my FREE Webinar “How To Leave Your 9 to 5, Replace Your Income and Create An Online Business You LOVE In Just 6 Months!” where I’ll teach you the exact 4 Step Framework I used to go from bored, unfulfilled and exhausted employee to happy, fulfilled and full of life entrepreneur!

ARE YOU READY TO QUIT YOUR 9 TO 5 FOR GOOD?

Click here to join! bit.ly/twnswebinar
 

5 Keys To Growing Your Passion Project

When executed properly, turning your passion project into your full time job can be an amazing feeling! While being your own boss can be thrilling, it can also be stressful and can sometimes sour you on what you once loved. As a Corporate Exit Strategist for female business owners, nothing is tougher than talking with someone who was once passionate and is now discouraged and floundering. Before deciding to go full throttle and turn what you love into what you do, take a deep breath and take the time to do it right. This is the key to ensuring that your experience is as stress free as possible so that your business has the best shot at success!

Do Your Homework

If you have no idea who your ideal clients are, aren’t sure what to charge, haven’t quite decided what your process will be, are completely clueless about marketing… you have a lot to learn before you declare yourself a business owner. So often I talk to women who have a story like this: I wanted to do what I loved, so I started a business, but now I’m working my tail off, making no money, and I feel like I’m just taking shots in the dark and nothing I try is working. Talk about stressful! This is not why we become entrepreneurs.  Quite the opposite, actually.  Running a business is a science. It takes strategic planning and is usually 80% business and 20% of what you actually love!

Similarly, take the time to learn how to set up your business properly when it comes to the legal aspect. Speak with an accountant to be sure you’re handling your finances properly.

Find out how much your business will cost! Even when you have an online business, your business will have some sort of overhead! Plus, your time is worth something. Figure out what it would cost you to operate your business on a month to month basis. Not sure what you’ll need on the business end? Talk to other business owners in your industry. You may be surprised how many people are happy to help!

Be Clear on Your Why

Everyone has their own reasons for starting their own business. But sometimes these reasons aren’t necessarily the right reasons.

Running a business is EASY (although most people will tell you it’s HARD). What’s hard for most people is that it takes commitment, consistency, and a lot of work. 

Being a successful business owner has a lot to do with your story, so if your why isn’t properly aligned, it can be hard to sustain growth. Even worse, some business owners find themselves feeling like what once was their passion is now their chore, and what they once loved now provides little joy.

If you’re not passionate, it will likely shine through in your products, or your services, and in your customer service. Dig deep and be sure your heart and your head are both all in!

Have a Plan, Plus Reserves

If you’re struggling to put dinner on the table, deciding to throw caution to the wind and becoming a business owner can be VERY stressful. Sometimes, the hardest conversations I have with potential clients are ones that revolve around them needing to stabilize their finances so that they can comfortably go after their dreams.

It’s not always what people want to hear. But the truth is, a business isn’t necessarily profitable overnight, especially if you’re not an expert when it comes to the business end. While being your own boss can be amazingly fulfilling, there also is something to be said for earning a steady paycheck.

When the stress of running a business is compounded with thoughts of: “Oh my gosh! I can’t pay my bills!” And you’re constantly giving discounts left and right in a desperate attempt to attract new clients (hint - those won’t be the RIGHT clients!), life won’t be very joyful. Sometimes following your passion means being patient. If your finances are strapped as is, consider beginning to build your business on the side until you’ve built enough traction to feel secure leaving your current position. Sure, that might mean late nights, early mornings, and working weekends to balance both gigs. But the peace of mind you’ll have can far outweigh working 24/7 on your business, wondering how on earth you’re going to pay your bills!

Check Your Pulse

Does the idea of starting your own business strike a balance between thrilling and terrifying? If not, you might have a rough road ahead of you.

In order to run a successful business, the ability to change, grow, and look at your business with an objective eye is key. If you’re not at all afraid, and you feel 100% I’ve SO got this, easy! you may be setting yourself up for failure.

Yes, it’s great to be confident. But, being cocky can prohibit your ability to see the real picture. You need to be willing to adapt to changes in your industry if you want the best shot at success!

A healthy dose of fear can be an amazing motivator because it pushes you to keep going when you’re tired and encourages you to be on your toes, always ready to pivot if you need to, so that you’re not knocked off your game. A lot of drive, mixed with a touch of fear, can be powerful!

Find a Tribe

Sometimes being a business owner can be lonely. When you work for yourself, the social aspect of an out of the home “day job” is often removed, and the stress is often magnified.

Unfortunately, you may find that venturing into business ownership results in a barrier of sorts between yourself and the people you love. It’s hard for people who are not business owners to understand the stress, commitment, and dedication that it takes to be in charge of your own show!

Before you decide to make the switch, consider if your friends and family will support you in the way you need. Is there anyone who will understand, be willing to lend an ear when you need one, and give you feedback when necessary? If you don’t have anyone in your life who has owned a business, consider taking to the internet (or looking for some local networking groups!) to find a tribe of people who understand your journey. Having supportive people in your corner can be extremely helpful when things get tough!

Having little to no support can greatly affect your business, so when it comes to building a tribe of people who GET it, the more the merrier! Often, the best way to learn about starting a business is by talking to business owners about what they wish they knew before they took the plunge! 

Looking to leave your 9 to 5?

Join my FREE 5-Day “5 Steps To Leave Your Job In 1 Year or Less” Course where I’ll walk you through the process of planning, creating, and launching your online business to an eager audience (even if you don’t have one yet). 

ARE YOU READY TO QUIT YOUR 9 TO 5 FOR GOOD?

Click here to join for FREE!

How to Quit Your Corporate Job Professionally

Leaving your corporate job and giving your notice the ‘right’ way can be a process filled with questions of professional courtesy.  Should you give a full two weeks notice?  Do you have to tell your boss in person?  Should you have a conversation with your co-workers?  

In my case, I had been at my most recent corporate position for 12 years and had burnt out to the max – my health and relationships were suffering, I was frustrated with the direction the company was going, and I desperately needed a break from my co-workers. I decided to quit my job to invest in my business, spend more time with friends and family, learn new skills (like how digital marketing!) and have the freedom to travel when I wanted. It goes without saying that it is also important to sit down and determine whether quitting your job is fiscally responsible and possible, and how long your savings will last.

If you’ve made the very difficult decision to quit your corporate job, it may be tempting to show up to work and shout “I quit, see you later!”, pull a mic drop and ride out on your unicorn, but here’s what you need to know to leave a job properly without ticking off everyone around you and potentially jeopardizing any future opportunities. It’s fairly crucial to be professional and leave on good terms, even if you have zero plans to return to the company.

1. Be honest

If you are fortunate enough to be in a team with people that you love working with and respect, then speak to your boss and the human resources department and be upfront about the reason why you are leaving. If for some reason your job is horrible and your boss makes your life a living hell, make sure that you act diplomatically and in a professional manner. Let them know that you are looking to transition, and always thank them for the opportunity. The best way to do this is face-to-face.

2. Put it in writing

Whether you resign in person, over the phone or over e-mail, prepare a one-page resignation letter and submit it to your boss and to HR. This is for your records and for theirs as well, and does not need to be much longer than 2 paragraphs – just Google “resignation letter template” and you’ll get thousands of results.

3. Provide ample notice

Refer to your employment contract and determine if it stipulates a notice period – it can range from anywhere from 0 days (at-will employment) to 2-3 months. Ensure that you fulfill this obligation, and even if you are not required to give any notice at all, I would personally recommend that you give 2 weeks. Obviously this varies across industries, companies, seniority of the position and so on, so determine what is right for you.

4. Don’t gossip

If you’re going to quit, keep your mouth shut and don’t broadcast to the world that you’re going to quit. Once you have handed in your resignation, work with your boss and HR to determine your last day and how your co-workers will be informed. Until then, keep the news to yourself and close friends and family. There’s little point to being negative and talking badly about your boss or company – try to focus on the positive – you can always just say that you’re leaving “for personal reasons”.

5. Offer to help interview and find your replacement

Obviously not compulsory, but almost always appreciated.

6. Help with the transition

If you work at a medium to large-sized company, it is (extremely) unlikely that your department and company will fall apart without you. Nevertheless, this is something I truly think makes a difference: make sure that things don’t fall by the wayside when you leave, and help your team through the transition period. This may mean lining up meetings before you leave to help reassign work and projects, and making yourself available after your last day to answer any questions that arise.

7. Notify your key internal and external contacts

Once your team has been notified of your departure, start reaching out to your key contacts (colleagues from other departments, clients, business partners, customers etc.) in the week or two before you leave. Be brief with regards to your move (you probably want to avoid saying “I’m leaving as I can no longer work for my boss”), it’s often best to just let them know when your last day is, who they can contact going forward, and if you’d like you can offer your personal email address to keep in touch.

8. Don’t slack

While it can be tempting to slip and slack once your last day has been set, try not to. Treat your job the same way you would before you resigned – sauntering into work at 11 am and leaving at 4 pm is probably not a good impression you want to leave before you, well, leave. While I don’t advocate slacking towards your last day, it’s also important not to get yourself involved in any new projects and tasks that you won’t be able to see through.

9. Tie up any loose ends

Work with HR to figure out if you have any unused annual leave and find out what happens to your benefits and 401(K)/pension fund after you leave. Did you sign a non-compete agreement? Make sure you understand how long the clause is effective for and how it may affect you if you decide to begin job hunting again. Also delete all personal documents from your company-assigned computer and devices so you can return them – leave no stone unturned!

These are just some important things to bear in mind so that you can start your journey toward entrepreneurship off on the right foot. Do you have any other bits of advice to share?

Looking to leave your 9 to 5?

Join my FREE 5-Day “5 Steps To Leave Your Job In 1 Year or Less” Course where I’ll walk you through the process of planning, creating and launching your online business to an eager audience (even if you don’t have one yet). 

ARE YOU READY TO QUIT YOUR 9 TO 5 FOR GOOD?

Click here to join for FREE!  http://bit.ly/leave9to5course
 

How To Work A 9-to-5 While Running Your Online Business

Corporate jobs. They serve a purpose and fill a need. When we’re in the first stages of building our online business, 9 times out of 10 we’re still going to be working in our corporate jobs. The tricky part is juggling both of them when you’re not making enough from your online business to leave and need the income from your corporate job to live and function. This, if done right, can be really easy and in fact enjoyable!

There are those who say they can’t find the time to work on their business, don’t have enough energy after working all day, or are too busy doing other things. But here are a couple of examples of multi-million dollar entrepreneurs who built their businesses while working in a job. Marie Forleo did bartending while building her life coaching business. Denise Duffield-Thomas had a corporate job but decided to go out on a limb and ask her husband to support her for 6 months while she tried to build her business.

Whatever your excuse is for not working on your dreams, it’s costing you more than you know. So stop making excuses and get to work!

 

LIGHTEN YOUR WORKLOAD


If you’re working 40 hours a week and you’re finding it’s too much for you to be able to do that and work on your business, talk with your boss about the possibility of reducing your hours down to 30 or even 20. Yes, the income decreases a little bit, but you’re opening yourself up to more time, energy, and creative space to put into your business to double your income!

LOOK FOR A BRIDGING POSITION


If you’re unable to lighten your workload without upsetting your boss, another thing to try would be looking for a bridging position. A bridging position is a job that doesn’t take up as much of your time or energy that allows you to work on your business. This can be a part-time role somewhere for a few hours a day, or maybe check out if there are any Virtual Assistant roles up for grabs in your network. There’s always a way, don’t forget that!

SET SPECIFIC TIMES TO WORK ON YOUR BUSINESS


To truly live in alignment with the rich, fearless and free lifestyle, you need to be responsible in your business from the beginning. This means living your life the way you would once you were successful. You need to stay as balanced as you can. Of course you’ll overindulge when it comes to working on your business because it’s something that excites you and that you’re passionate about. If you love what you’re doing, who wouldn’t want to immerse themselves in it 24/7? Try as much as possible to live your life and enjoy it. Keep up your date nights, your coffee dates, and family catch ups. Without these, your life will be a lot less sparkly. And I said it once and I’ll say it again, you don’t need to suffer in order to live your dreams.

How are you juggling your 9-to-5 while working on your business?