Tag: mindset

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The Mindset You Need for Entrepreneurial Success

An entrepreneurial mindset is about honing the key characteristics required to be a successful business owner. These characteristics or habits are different from those you would likely follow as an employee because they require more responsibility to succeed. For example, you have to repair the pieces if you make a mistake, unlike the typical consequences of working for someone else.

 

Here are four powerful ways to build an entrepreneurial mindset:

 

Always Seek More Knowledge

Never stop learning. Knowledge is power and is important for growth, proper communication, and understanding of those around you, especially your target audience. While an entrepreneur is confident in their ideas, that doesn’t mean they think they already have all the knowledge in the world. In fact, they desire more and look for others to gain it as much as possible.

 

Be Ready for and Invite Change

In other words, be ready for failure or some bumpy roads along the way. No business reaches success by following a straight line or narrow path. Most of them have failures or try new and different approaches along the way. The fact is, people are meant to change and grow. This means your target audience and their problems will too. If you keep up with these problems and seek to fix them, you will grow a sustainable business. However, doing this means you need to understand that change is important and unavoidable as an entrepreneur.

 

Make More Decisions

Find situations that allow you to make more decisions and not focus on how risky they may be. Entrepreneurs sometimes court failure because they know that one of their ideas will eventually work as they continue to learn their target audience and industry. The more decisions you make, the more you understand what to do and what not to do.

 

Take Continuous Action

Being an entrepreneur requires a proactive mindset. This means taking action and knowing what needs to be done before someone else or something tells you to. Most employees are reactive. This means they are often used to being told what to do, which is not useful for entrepreneurship. Successful entrepreneurship requires action-taking by being more proactive and less reactive.

 

These components work together to create the entrepreneur mindset you need to succeed. If you continue to wait for someone to bring you the work or discover your next business idea, you will be waiting a long time. Entrepreneurs understand that to see success. They must take action, responsibility, learn and invite change to further develop their products and value.

 

Do This to Be More Consistent in Life and Business

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Building Trust Within Your Community Is Vital

The secret to creating more revenue, attracting more customers, and creating high brand recognition starts with trust. Showing your customers by your actions that they can trust you and that you will be there to support them is how you grow loyal advocates for your brand. The brand advocates then do a lot of the marketing work by sharing your content and making purchases.

 

When consumers believe in your brand, product, or services, they are more likely to share them with others. Without trust, you simply won’t have customers or a community. In fact, a 2019 Edelman Trust Barometer Report states that 81% of consumers reported trust as their main contributor to making a purchase. Thus, showing you just how important trust is to your success as a company.

 

The following are five ways to build trust within your community to grow your business successfully:

 

Offer Superior Customer Support

 

First and most importantly, your customers or community members must come first. Your support should be as consumer-centric as you can make it. Use the technology at your fingertips by using automated systems like FAQs, Bots, and files with information to help your audience and members feel supported. If your community is very large and active and you’re spending more than 30 minutes a day on customer care, it’s time to hire a customer service, virtual assistant.

 

Share and Encourage User-Generated Content

 

One of the advantages of having a community is all the user-generated content created. You can use a lot of this content in numerous ways, from creating a new blog post answering someone’s question, compiling your members’ answers to questions into a blog post, and even creating a joint book that you can publish on Kindle. It’s really up to you and your imagination to accomplish all the user-generated content you will cause to be created.

 

Ask for Honest Public Reviews

 

Use your community as a way to get genuine and honest feedback. If you seem open to criticism, your community who already loves you will be happy to assist you with making your community and products and services better. You just have to ask and listen.

 

Show Behind-The-Scenes Content

 

This is a fantastic way to get closer to your members and make them feel like true VIPs. Bring them behind the scenes and show them what you do daily. Even if they never want to do it themselves, people love this humanizing content as it brings them much closer to you on a human level.

 

Keep Your Branding Consistent

 

Remember that within your communities, your branding should be very consistent and noticeable. Whether you’re on Facebook or YouTube or your own coded message board community, your audience needs to realize it’s your brand without much thought due to your strong and consistent branding efforts. Your messaging, imaging, and content all need to have the same message regardless of where it is published.

 

Overall, there are several ways you can establish trust within your community. Listening, supporting, and guiding them to success is the only way to establish it. In other words, putting your customers first and making sure they are successful will lead you to success as well. Building trust shouldn’t be hard if you have good products that truly solve your target audience’s problem.

 

How Community Member-To-Member Engagement Grows Your Business

 

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Five Important Ways Communities Increase Brand Loyalty

Brand loyalty is what makes the effort of building and moderating an online or brand community so important. Member-to-member interaction, social proof, and the quality content provided within the groups inspire them to stay around and seek more.

 

These relationships also fuel them to share your communities or become brand advocates. Thus, saving you even more money while also increasing your potential to reach more people.

 

In other words, brand loyalty is essential to not only solidify current success but future success too. To grow a profitable and sustainable business, building a branded community is essential.

 

The following are five important ways communities increase brand loyalty:

 

Business-To-Member Communication

 

Communicating with your customers directly is an amazing invention of modern times. In the old days, you had to advertise on TV, radio, or various print means and wait to see what happened. So, it could be hard to tell if it worked for the reasons you think it did.

 

Now you can simply tell your members directly about your offers without the go-between. You can see when they view a message or respond to it and even see them talking to their friends in the group. But most of all, getting to send them a message right now that they’re going to get directly from you is an amazing thing and will keep you at the top of their mind.

 

Valuable and Engaging Content

 

It’s very important to understand that publishing anything just to put it in your community is not the goal. You want the content you publish and share with them to be valuable and engaging. You want them to look forward to seeing the latest content you share every day.

 

You want them to wait for it, excited for it to appear. However, that will only happen if you take the time to create desirable content based on what you know about them and how it relates to their need to use your solutions and products.

 

Member-To-Member Communication

 

This is one of the most important parts of building a community that will change everything for your business. Once your members start talking to each other about their lives, and your products and services, and how they help or don’t help, you’re going to end up getting the most invaluable information ever that will help you improve your products and make them think you’re a mind reader.

 

Special Offers or Member Discounts

 

If you promote outside your membership group or community, a terrific way to make the members feel special is to offer them some form of reward or a loyalty program. So many big businesses don’t understand how much it harms their relationship with their customer when they offer the new deals only to their new customers. Offer your members things you don’t offer anyone else because they are important.

 

Superior Customer Experience and Service

 

When you engage and spend time with your community every day, you provide customer care directly. As a result, they will perceive their customer service as better because they feel heard.

The more you nurture your customers and seek a relationship with them, the more likely they will become loyal customers or followers of your brand. Loyal customers advocate for your business and ensure the success of your brand now and in the future. Work always to keep your community engaged, be involved in the process, ask for feedback and reward them for improving your brand loyalty.

 

Six Ways to Use Communities to Promote Your Products

 

 

 

 

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Five Tips for Working with Micro-Influencers

When you start seriously thinking about working with influencers, your thoughts probably go to a huge influencer that you really love. You may imagine them using your product, and the experience goes viral, and you make a million bucks. This can happen but not without a good plan and a lot of money.

 

Top reasons to work with micro or nano influencers:

 

  • They are more affordable
  • They have a higher return on investment
  • Their audience is more loyal and targeted
  • They are more genuine and authentic

 

The following are five tips for working with micro-influencers to gain a higher return on investment:

 

Be Niche Specific

 

Because nano and micro-influencers have a specific target audience, you want to be sure their niche matches yours. In other words, their target audience must match yours for it to be successful.  

 

Always Allow Creative Freedom

 

Be sure to avoid micromanaging. Just because they are a smaller influencer does not mean they are not professional. Guide them with the proper product and business information and expectations, but always allow for creative freedom. They have the targeted audience and loyal following for a reason, their content. If you take over, it will quickly come off as ingenuine to their audience.

 

Research and Watch Their Engagement

 

Micro-influencers have more time to engage with their audience by responding to comments and offering a closer friendship-like experience for their audience and followers. Due to this feeling that the audience is close to the influencer, they are often more likely to take the influencer’s recommendations on what to buy.

 

Consider More Than One

 

When working with small influencers, one way to compensate for the smaller audience numbers is to work with more than one at a time for a rolling campaign. For example, choose five influencers with small audiences of 10 to 50 K each and have each influencer start their campaign on a slightly different date to get the ball rolling.

 

Compensate Fairly

 

Just because they have a smaller following, subscriber base, or audience does not mean they deserve to be well compensated. Avoid product-only compensation models if you can. Giving them more for sales and just for trying can really help encourage them to do more.

 

Working with micro-influencers may actually be more beneficial for you if you have a smaller budget. Plus, studies show that micro-influencers have more responsive audiences than huge influencers anyway.

The Do’s and Don’ts to Influencer Marketing

 

 

 

 

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A Comprehensive Social Media Influencer Checklist

To make any new process easier, it is good to develop checklists and templates to streamline the process. Even experienced authors and pilots use checklists to ensure they don’t miss a step.

 

Checklist to develop a successful social media influencer campaign:

 

  • Defined Target Audience – Who are they, what do they want? Create an audience persona for each stage of the buying journey, so you know, and you can show the influencer who your audience is.

 

  • Outline Important Key Performance Indicators – Using the information in the blog post about the KPIs to track during your social media influencer campaigns, always set up a new spreadsheet to enable you to track the KPIs exclusively for each campaign.

 

  • Create Clear Influencer Marketing Goals – Your goals will include the specifics of what constitutes success for the campaign. For example, you may have the goal to get more follows, but you need to state exactly what you want. Remember, even if you’re working with someone else, the goals need to be SMART goals.

 

  • Choose The Best Social Media Channel – Do your due diligence to ensure there are enough of your audience on that channel to make it possible for you to reach your goals.

 

  • Choose The Right Influencer Campaign – Don’t just pick anyone. Take the time to get to know the influencer before choosing them to work with. Watch as many of their shows as you can to make sure you vibe.

 

  • Set A Budget – You must set a budget to have a guideline before searching for the right influencer. For example, if you know how much you earn per click, it’ll help you figure out a good budget.

 

  • Identify Your Influencer Type and Size Needs – What type of influence do you want? Make a list of the characteristics you want.

 

  • Influencer Qualities Needed – What do you want the influencer to be like. It’s fine to choose outside of the business model. Even if your product has nothing to do with the issues you care about, if you want to work with only redheads, that’s fine.

 

  • Influencer Outreach – You’ll want to track how you reach out to the influencers so that you can keep track of how it’s working.

 

  • Influencer Vetting – Always check out the influencer before offering them the job because you never know if they’re doing something in their personal life that would be off-putting or even career-ending for you.

 

  • Influencer Contract – Don’t do a single deal with an influencer without a written and signed contract.

 

  • Compensation Package – Spell out and define what the compensation package is for each influencer, and don’t expect it to be the same for every one of them. Tip: Let them tell you their fee. It might be cheaper than you think.

 

  • Influencer Brief and Training – Set up a package that explains your products, offers, and branding to the influencers so that they know everything they can about your product.

 

  • Remember FTC Guidelines – Familiarize yourself with the FTC rules for communicating on social media as a business. It’s important to follow these guidelines whether others do or not.

 

  • Plan, Publish and Promote – Set up a schedule that allows you to plan the campaign, publish it, and promote it simultaneously.

 

  • Track ROI – Nothing is ever done, as they say until the paperwork is done. While paper is not always necessary these days, you still need to do the math and track the return on investment to ensure you are making money the way you think you are.

 

When you use a process to get things done, it’s easier to figure out what went right or wrong so you can do more of what is right and less of what is wrong.

Define Your Influencer Marketing Goals

 

 

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Invest a Percentage of Your Income for Your Future

As you work on your daily habits that help safeguard your future, one of the daily habits that will pay off the most is learning to save and invest a percentage of your income for your future by habit. It’s hard to save money for the future if you’re not able to really think about the future much, but there is no willpower needed if you just think about what you’re doing today, and keep doing it as a matter of course, you’ll end up benefiting exponentially.

 

  • Determine Your Priorities – When you know what your priorities are today and into the future, through your life, it’s going to be much easier seeing your daily spending and savings goals.

Better Goal Setting Tips for Maximum Productivity

  • Automate Investing and Saving – Once you have set up your goals, you can automate most of the process by having a percentage of your paycheck go directly to savings and investment accounts. If it’s never there to spend, you will be more likely to save it.

 

  • Avoid Consumer Debt – When you are setting up your daily habits, you know that avoiding consumer debt is an imperative for anyone who really wants to have a safe and stable future. Therefore, you don’t buy things without a daily plan for saving and spending.

 

  • Borrow Money Like Rich People Do – When and if you borrow money, only borrow it when you really don’t need it, and the interest rate is super low. If the rate is lower than what you can earn on your money, borrowing is smart. For example, if you qualify for a zero-interest car loan, why wouldn’t you?

 

  • Plan For Big Expenses – When you habituate your spending and saving, you will always plan for big expenses (and really all expenses) so that you’re never caught off guard. You will know that at this particular time in the future, you’re going to buy a thing, and you know how much you need to be saving daily to ensure it happens.

 

  • Plan for Emergencies – Even though it seems impossible, you can plan for potential emergencies, making them less tragic. In everyone’s life, they have things happen. People get sick. People get hurt. People lose their jobs. People even die. Plan for at least one emergency by saving six to eight months of living expenses in a liquid account.

 

  • Save All Windfalls – During a lifetime, you’re going to get monetary windfalls once in a blue moon for birthdays, inheritances, or bonuses and raises at work arrange for every single one to be saved or invested without even giving it a thought.

 

  • Take a Cooking Class – Most people waste money by eating out at restaurants and not even good ones. Decide to learn how to cook so that you can make good quality food at home.

 

  • Buy Experiences Not Stuff – When you do plan expenses, consider having more experiences and less stuff. When you spend money on an adventure, you always learn something that gives you value far beyond what you buy.

 

  • Track Your Efforts – Whatever you track and pay attention to is what will grow. Track your savings efforts by checking up on your accounts at least quarterly. This is important when you’re doing automatic deposits just to make sure it’s all working as planned.

 

When you start thinking of the daily habits you have as good things that automatically take care of your future, each day becomes a no-brainer. You just save money just because that’s what you do and not something difficult to do.

 

It’s part of your priorities and a driving force for your lifestyle, and that’s what you set up to be important. Do you see a method to the madness now? Set your goals, schedule the actions you need to take to reach your goals, and then simply live your life doing a little bit each day, and one day you’ll arrive in the future automatically, and all will be well.

 

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Daily Mindset Habit: Own Your Own Happiness

Growing up watching stories about heroes saving others, or people finding their “other half,” or worse, watching your own family member waste away after the love of their life dies as if the life they have of their own is without value.

 

The truth is, love is great, and you should experience all the love you want to, in all its forms, but how other people feel about you should not define your happiness. You define your happiness, and it’s what you do or don’t do and ultimately how you feel about yourself that makes you happy or not happy.

 

Once you start practicing the daily mindset of owning your own happiness, the world will open up to you in ways that you may not have considered. To accomplish owning your own happiness, practice each of these attitudes each day.

 

Accept Yourself

 

Getting to know you also means that at some point, you have to accept who you are, flaws and all. That doesn’t mean you use the flaws as an excuse. No – instead, you discover ways to overcome the flaws. If you’re short, you get a stair step to help, and you don’t give up.

 

No one is suggesting that you accept anything that is changeable about yourself. Whether through exercise or surgery, if you can change something and determine it’s important to change it, do so. Do it because you think it’s important. Otherwise, accept who you are as you are now.

 

Fix Yourself

 

As mentioned above, while you are self-accepting about things that you can’t change, after all, you’re born who you are born to be, and you cannot change much, but what you can change and do have control over is very powerful. When you identify things you don’t like that you can fix, decide right away to start fixing it by adding daily habits that help into your schedule.

 

For example, if you’re self-aware enough to realize that you tend to pack on extra weight around the middle, which is a health issue, and your long-term plans include living until you’re 90 despite your genetic predisposition to heart issues adding in daily heart-healthy activities, and eating a low-fat vegan diet will pay off big time over the years even though it feels like a very small change today.

 

Express Yourself

 

One thing that shows that a person has manifested into a complete adult human being is expressing who you are without shame and concern about other people’s feelings. This does not mean you lack empathy either, and it simply means that you don’t ask permission to be who you are, and you’re not afraid to set boundaries surrounding how people behave around you.

 

The way this may look in your schedule today is a 30-minute anti-anxiety meditation session an hour before you meet up with your mother-in-law. You want a good relationship with her. You know it’s contentious, so you do all you can to calm yourself before the meeting, and then you’re in the best possible position to have a good day.

 

Finally, the more you value yourself, the happier you’re going to allow yourself to become. People who value their time and themselves aren’t afraid to say no to what they have no joy in doing. They are not people-pleasers, they’re self-pleasers, but they have a high level of morality too in that they’re empathetic to others, but they’re not going to be used or walked on.

 

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Daily Mindset Habit: Value Your Time Over Everything Else

If you’ve ever been told that you have the same 24 hours as the next person, pay close attention to this post and take this daily mindset habit idea to heart. A mindset of the rich that differs from their non-rich counterparts is that the rich tend to place a high value on their time.

 

Time Not Money is Finite

 

We love acting like money, and certain natural resources are so limited, but the truth is, it’s time and not money that is finite. And due to money, you can actually buy other people’s time, thus placing a higher value on your time than theirs.

 

For example, if you know that your time is worth $100 an hour because that’s how much your boss pays you or how much you bill your clients, why would you wait in a 30-minute line to return a $10 item? Likewise, why would you spend an hour grocery shopping when you can pay someone enabling you to earn more money?

 

Calculate The Worth of Your Time

 

Part of the problem is that most people have never calculated the worth of their time. They know how much their boss pays them, or they know how much they want to bill their clients, but often these numbers are completely arbitrary and are simply the “going rate” that is not based on reality either. In fact, if more people established the worth of their time based on reality, they’d demand a lot more money from their employers.

 

Most HR departments use the number of 2080 yearly hours to designate full-time work. So even if you’re on a salary, they’re going to say that you earn your paycheck by working full time, which is equal to 40 hours a week for 52 weeks a year, for a total of 2080 hours.

 

This HR department magic number ends up on the companies compensation records as part of the benefits of the job and health insurance, paid time off (PTO), and other compensation. This is a great place for you to start figuring how much your time is worth but doesn’t consider the entire picture. After all, if you’re on salary, you don’t work only 40 hours a week.

 

So, to calculate your hourly worth, let’s focus on what you would like your life to be like, not what it currently is. If you want a specific lifestyle, go ahead, and add up what that would really cost. Then add in how much you want to work, not how much you do work, and that is your hourly worth even if you’re not there yet.

 

For example, if you want to earn 120K a year before taxes by working 20 hours a week, that equates to only 1040 hours of work a year, making your hourly worth over $115 an hour. Knowing this, since you don’t love mowing your lawn, you should jump at the chance of paying Billy down the street $50 bucks a week to keep your lawn nice because it’s worth it to you based on how much your time is really worth according to your life design.

 

Some Things Are Priceless

 

One thing the rich have figured out that hasn’t been passed down to the masses is that some things are priceless. Your child’s birth, their first birthday, kindergarten graduation, and anything that takes you away from those types of things – the things that will never happen again – should come at a much higher price and even be considered priceless. When you start to think of your own time as priceless and irreplaceable, productivity becomes almost automatic because you know there is no time to waste.

 

When you truly understand not only the value of your time, but the probability of the length of your life, and how you cannot go back in time, or forward, and that you only have right now – when you really get that – it becomes so much easier to habitually value your time above all else – because your time is the most precious thing you have. You cannot get it back once squandered.

 

How to Create Repeatable Workflows for Better Time Management

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Daily Health Habits: Mind Your Posture

Sometimes it’s truly mind-blowing how something that seems on the surface not to matter at all is really life-changing. If you want to be healthy long-term, paying close attention to the actions you take every day will make a difference, like drinking plenty of water, exercising, eating right, and so forth are all important, but if you don’t mind your posture, you could end up suffering more than you think.

 

Proper posture can help reduce lower back pain, headaches, neck, and shoulder tension, wear and tear on your joints, increased lung capacity, better circulation, better digestion, and more energy, all benefits of checking and correcting your posture.

 

Get Expert Advice

 

If you have any type of body pain, it’s important to find out from a physical therapist or a personal trainer the best way to hold your posture living the life you live. You can also find professionals talking about posture and proper posture on YouTube. Just make sure you follow someone who really knows what they’re doing and saying.

 

Buy a Good Bed

 

Don’t skimp on buying the right bed for your needs. Spending money investing in a good bed with a long warranty designed for your type of sleeping and your personal needs will be one of the main things that help you sleep well and live a mostly pain-free life.

 

Invest In the Right Furniture

 

Like your bed is important for your posture, so is the furniture you buy and use for pleasure and work. Each person has different needs, as someone with lower back pain will need a firm surface and perhaps specialized seating. In contrast, someone without issues now will simply need to buy high-quality ergonomic and comfortable items.

 

Invest In Your Workspace

 

Like you invest in the comfort of your home, don’t forget any areas you work in. It’s not good for you to work in your bed with poor posture. Instead, set up your workspace so that it’s good for long-term use and avoids pressure or repetitive injury.

 

Make a list showing items that you need to purchase or replace to ensure that you have a comfortable home and work environment that isn’t just attractive but also good for your posture. You won’t regret it. Then each day, when you first get up, do a few posture-affirming stretches so that you can become more mindful of your posture the rest of the day.

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Daily Organizational Habit: Make Your Bed Each Morning

Developing daily habits that take care of your environment keeping it uncluttered is useful for multiple reasons. One, because your home and office will generally be cleaner if you’re committed to daily organization, but secondly because the action creates a transition for your day that can trigger more good behavior all day long, thus increasing your happiness and satisfaction level.

 

  • The Action Creates Transition in Your Mind – When you take the time to clean your room in the morning and make your bed, the action will serve to give you a little more of a wake-up than just leaving the bed messy.

 

  • You’ll Feel Accomplished – The ten minutes it takes to make your bed well will also make you feel more accomplished, and when you start your day feeling like you’re succeeding, it sets you up for even more success.

 

  • Productivity Will Increase for The Day – When you do something productive right away, the feel-good hormones will take over a bit, thus helping motivate you to do even more useful stuff the rest of the day.

 

  • Less Clutter and Mess Means Less Stress – Science has already proven that no one thrives in a cluttered environment. While we can debate what constitutes clutter and disorganization, if it feels organized to you and less messy, it’ll serve the same effect of making you feel less stressed.

 

  • Everything Will Become Cleaner – When you start cleaning things for five or ten minutes at a time, like with bed making, it’s just natural that you’re going to clean other things around the bed. You’re going to put your night clothing away, put anything dirty in the hamper, and probably even notice the dust building on your headboard sooner than if you did not make your bed daily.

 

  • Bedmaking Gives a Reason to Perform Useful Body Movements – Many people are worried about exercising, but some of your workouts can be completed by doing housework. It’s good for your body to stretch to make your bed and bend and pull to get the sheets on. It’s a great two-minute morning workout to wake you up and get the blood pumping that serves dual purposes.

 

  • The Habit Starts a Pattern of More Good Habits – Human nature is such that when you make good choices, more good choices seem to come easy, but when you make one choice, your brain deems ‘bad’ it’s harder to get back on the horse. Start your day positively, and you set yourself up for more positivity.

 

  • Your Home Should Be Your Retreat – So often, especially if you have to work a full-time job under someone else’s hours and rules, we forget that our home is supposed to be our safe place to fall and let it get disorganized and even dirty. But if you want to feel better about yourself and your life, no matter what type of home you live in now, organize it and keep it clean, and you’re going to feel better about everything.

 

To make it more fun to make your bed each morning, make your bedroom a retreat from the world. Invest in the best bedding and mattress you can afford to buy and make it beautiful and comfortable according to your desires and needs. You shouldn’t need to go to a hotel to have an amazing sleeping experience, and making your bed is just part of that effort that will improve your life in amazing ways.

Organization Is A Daily Requirement