by theEmother | Apr 10, 2013 | build a Mother of a Business, business book club, business ideas & thinking, Finish Unfinished Business, so you think you're in business, the business model
The more I talk to business owners, the more I realise that many of them don’t actually know how they make their money!
Let me rephrase that… they don’t really know how their customers/ clients have found them and why they keep coming back.
Do you find that bizarre?
Initially, my answer would also be yes. But I’ve come to realise that doing so is a work-ON-business exercise. Not one that is done on a day-to-day basis. Of course, if you don’t give yourself work-ON-business time, how are you ever going to discover what your market is telling you?
Time to set aside Friday work-ON-business afternoons I think.
What about you?
by theEmother | Apr 9, 2013 | build a Mother of a Business, business ideas & thinking, Consultant EXIT Options, entrepreneurial mothers, EXIT execution, exit strategy, Finish Unfinished Business, MEinc, so you think you're in business, the business model
Based on a Networking Event last night and another this morning, why is that many Women Business Owners think so small? What is it with the word “just”?
“Just thought I’d start ______ and see how it goes.”
“Just trying ________ for the moment, you never know”
“Just me running ________ at present and hope to one day make it bigger”
Yes, they’ve all heard of “Start With The End In Mind” but quite honestly, does it really apply to them? Yet? But how?
Here’s the thing… do what Seth Godin suggests and DO it anyway, “Start the Journey Before you see the End”.
The Sellability Score report enables you to do “just” that. Think of it as a Business Plan in Reverse.
Interested?
by theEmother | Apr 8, 2013 | build a Mother of a Business, Buy a Mother of a Business, entrepreneurial mothers, EXIT execution, exit strategy, Finish Unfinished Business, MEinc, Sell Your Business, SELL your Mother of a Business, single parent l single mother, so you think you're in business, the business model, women in business case studies
After two meetings today and another phone call last Friday, the prospect of the motherhood and business ownership combination is causing some angst.
The main issue seems to be for those women business owners who are currently in business and are either planning to have a family soon or have just had their first.
They want to be able to have the combination work but just can’t seem to see how. The thought of having someone else brought in not look after their business is too much to bear. And, the thought of trying to run it full time as well as being the mother they want to be is just not fathomable.
So… what to do?
Sell it of course. That seems to be the answer. Then reality sets in. Has the business been set up as a asset, to run independently of the owner? Not in any of these 3 cases. So then what?
In the planning stage, this scenario can be sorted. It’s usually time and money that’s the prohibiting factor. When baby is already here, the mother wants the stress removed.
If only I had a chance to talk to them in the very early planning stages, to get all the planets aligned before embarking on the beautiful journey of motherhood.
If you find yourself pondering similar thoughts, please talk to me…
by theEmother | Apr 5, 2013 | Buy a Mother of a Business, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, TEMpting
GET YOUR SCORE!
If any of these tickle your fancy,
please contact me by emailing sell@theentrepreneurialmother.com
letting me know which one it is…
BS2 = Online Retailer
Heads of Agreement prepared, waiting for signatures… that didn’t come!
Plan B offer now on table.
PENDING
BS3 Waiting on the Seller
BS8 Waiting on Seller
No joy with previous broker, conversation resumed.
Change of plans due to recent events…
ON HOLD
BS9 = Specialist Leadership and Talent Management Provider
Completed Sellability Score.
Looking to a 2013-14 kick off, getting all ducks in a row in the meantime.
BS10 = Specialist Offline Retailer
Completed Sellability Score.
1st meeting completed, next steps discussed.
Waiting on financials.
BS11 = Hairdresser
Completed Sellability Score.
First chat booked April 8.
BS13 Specialist Equipment Provider
Completed Sellability Score.
Recommendations being pursued with favourable feedback.
ON HOLD
BS14 Leading Book Supplier
Completed Sellability Score.
Financials received, more to come.
BS15 #1 in Google for This Offering
Completed Sellability Score
1st meeting (phone call) completed, Stage 2 financials due.
BS16 Furnishings Importer, 60% owned.
Completed Sellability Score
1st meeting (phone call) completed, Stage 2 financials due.
BS17 Specialist Offering
Completed Sellability Score
1st meeting completed, Stage 2 financials received, analysis to be done next week.
BS18 Beauty Salon
Initial phone received and followed up
The “Sellability Score” reports continue to dribble out each and every week.
More calls to make as a result and more emails to send 🙂
Onwards and Upwards!
by theEmother | Apr 4, 2013 | business ideas & thinking, Consultant EXIT Options, entrepreneurial mothers, exit strategy, Finish Unfinished Business, so you think you're in business, the business model
Business Success Radio
Today, I had the good fortune of being interviewed by Liz O’Dwyer of Business Success Radio.
We had met to discuss my afternoon with Seth Godin back in January 2, 2013, in New York City, which we did.
As is always the case though when talking about “The Icarus Deception” and Living your Art, my Art always comes into play… that being of working with Business Owners to start the process of Getting Out.
We Business Owners spend a whole lot of time in start-up and growth mode, as you should. But just like a job that you’ve been in 5 years for example, you do get sick of it. Either your business has to be reinvented or you do within the business. Neither exercise is easily done; doable – yes, but certainly not easy…
Business is NOT a Life Sentence, so lets talk about that…
(the interview will soon be live on BSR, be sure to tune in)
