Are you teaching your team to develop a hobby or run a business? Part Five

“Treat your business like a business and it will make you money. Treat your business like a hobby and it will cost you money.” Money, money, money!!! Money Mindset Money doesn’t grow on trees. A penny saved is a penny earned. Money is the root of all evil. What do you believe about money? It will show up in your business. Did your past lead you to believe there is too little money or plenty? Are you free with money or do you hold it tight?

Are you teaching your team to develop a hobby or run a business? Part Four

How do you decide to prioritize your time and activities? Do items that produce income rate higher than ones that don’t? How do you encourage your team to spend more time on activities that will give them the highest return on their investment? You and your team do want to make money in your businesses, unless you admit it’s a hobby. (And I am quite certain very few do!) Teaching your team to spend the majority of their business time on Income Producing Activities (IPA) is what will create the highest return on their investment. (ROI) Go ahead, start at the beginning; teach IPA and ROI at new consultant training. Use these words as part of your everyday language. Soon everyone will be thinking about how they spend their time in terms of how it impacts their paychecks.

Get Going

Okay so I haven’t written a blog entry in three months.  I thought about it, rolled my eyes when my partner lovingly nagged me about [...]

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