by theEmother | Feb 18, 2014 | build a Mother of a Business, business ideas & thinking, Consultant EXIT Options, entrepreneurial mothers, MEinc, so you think you're in business, start with the end in mind, the business model
HOW FREELANCERS ARE REDEFINING SUCCESS TO BE ABOUT VALUE, NOT WEALTH
Time is a new currency and successful freelancers manage, save, and spend it wisely.
Freelancers often work independently, but being “on your own” doesn’t mean “going it alone.” Freelancing successfully means building a network to line up new gigs, passing assignments to others when things are busy, and getting referrals from friends when they’re not.
To read more of this Fast Company article, click here.
Sounds easy doesn’t it?
For those who have been in the consulting game for many years (and still are to some extent), like your’s truly, knowing all this logically and DOing the activity required can be poles apart.
So I ask you, how well are you spending your time?
Is it working for you?
Are you generating enough money to live on?
If not, why not?
What are you going to do about it?
Rest assured, there are options available to you, if you are open to what’s on offer.
If now is the time to start exploring what these are, please contact me on info@theentrepreneurialmother.com
by theEmother | Feb 11, 2014 | build a Mother of a Business, business ideas & thinking, Consultant EXIT Options, entrepreneurial mothers, Finish Unfinished Business, MEinc, so you think you're in business, start with the end in mind, the business model
you can’t WIN unless you first begin, so START now…
Continuing on from last weeks post…
Organising your thoughts first and then your business…
Right Thinking leads to Right Actions
First we THINK about what we want to do.
Having thought it, we must DO it. To that end…
1. Create a story about your business
Your story should be an idealised version, a vision of what the preeminent in your field should be and why. Your story must become the very heart of your business. It must become the spirit that mobilises it, as well as everyone who works for it, buys from it, sells to it and lend to it.
2. Organise your business so that it breathes Life into your Story
Unless your business can faithfully replicate your story-in-action it all becomes fiction.
- identify the key functions of your business
- identify the essential processes that link those functions
- identify the results you have determined your business will produce
- clearly state in writing how each phase will work
- take it step-by-step
3. Engage your people in the process
“What do I want?” becomes the first question; not, “What do they want?”
Be clear with yourself. And if it’s only you, then so be it!
It’s important to know:
a) exactly what you want?
b) how you intend to proceed?
c) whats important to you and what isn’t?
d) what you want the business to be, how you want it to act, and where you want it to go?
The story is paramount, because it is your Vision.
You must Love your Story for it to become a reality.
Tell stories that come to Life in the form of the business.
by theEmother | Jan 14, 2014 | build a Mother of a Business, business ideas & thinking, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, Online Strategy incl. www, Sell Your Business, SELL your Mother of a Business, so you think you're in business, start with the end in mind, the business model
abstract money tree…
Back in April 2013, I asked the following questions… I wanted to check in and see how you’re going with mapping your exit?
- Are you currently working as an independent practitioner? a consultant? a freelancer?
- Is this how you see the rest of your working life playing out?
- Have you given any thought to your Exit Strategy?
- Have you even wondered whether you could have one?
- Are you saying to yourself “what have I got to sell anyway?”
Time we had a chat…
The differing business models of which I spoke have taken shape very nicely. They enable a fair and equitable option for Consultants and Freelancers alike to Exit in a far more strategic way. No surprise there’s the element on the Online leverage as well.
This is especially important for those who understand they have value in what they do, in what they’ve done but have NO idea how to extract it post the personal presence, other than a potential trade sale, which will not glean much if it’s solely reliant on the one person, as you know!
Happy to explore the options, as appropriate… you just need to contact me.
I’ll also take a bit of time exploring these options as we go too…
by theEmother | Jun 14, 2013 | BUY a Business, Buy a Mother of a Business, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, how to sell a business, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, start with the end in mind, TEMpting, the business model
What are you waiting for? GET YOUR SCORE…
[If any of the following tickle your fancy, please contact me by emailing sell@theentrepreneurialmother.com letting me know which one it is…]
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.
*
BS14 Leading Book Supplier
Completed Sellability Score
Financials received, more to come. Currently going through refinancing dramas!
*
GET YOUR SCORE…
*
BS19 Leading Wedding Services Provider
1st meeting had, waiting on Stage 2 financials – meeting to be set
*
BS22 Business “Consultancy”
Completed Sellability Score
Stage 2 of process in play = Confidential Data Analysis
*
BS23 Health and Well Being Studio
engagement locked in
FOR SALE
*
BS26 Professional Services
Completed Sellability Score
“Business Planning; in Reverse!” session conducted, decision due end of July.
*
BS27 Training Services Provider
via Linked In
Stage 3 of process in play = Pricing and Proposal
*
BS28 Manufacturer
Completed Sellability Score
Referral, greatly appreciated. Stage 1 and 2 of process in play = 1st meeting June 20 and financials requested
*
BS29 Accountancy
Referral, greatly appreciated. First meeting postponed to August.
*
BS30 Online Business
Completed Sellability Score
Had started down process, but stalled…now back on track
*
BS31 Pub and Restaurant
Referral, greatly appreciated. 20% minority shareholder who is desperate to get over. Discussed options…
*
BS32 Vending Machines
Completed Sellability Score
Looking to move interstate and looking to divest themselves of profitable business. Stage 1 of process in play = 1st meeting
*
GET YOUR SCORE…
*
The “Sellability Score” reports continue to dribble in each and every week.
More calls to make as a result and more emails to send 🙂
Onwards and Upwards!
by theEmother | Jun 7, 2013 | Buy a Mother of a Business, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, how to sell a business, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, start with the end in mind, TEMpting, the business model
What are you waiting for? GET YOUR SCORE…
If any of the following tickle your fancy,
please contact me by emailing sell@theentrepreneurialmother.com
letting me know which one it is…
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.
*
BS14 Leading Book Supplier
Completed Sellability Score
Financials received, more to come. Currently going through refinancing dramas!
*
GET YOUR SCORE…
*
BS19 Leading Wedding Services Provider
1st meeting had, waiting on Stage 2 financials – meeting to be set
*
BS22 Business “Consultancy”
Completed Sellability Score
Stage 3 of process in play = Proposal and pricing
*
BS23 Health and Well Being Studio
engagement locked in
FOR SALE
*
BS24 Beauty Salon with a Twist
not sure what they want to do but “first prize” is to raise capital and roll out more stores
INTRODUCED TO FINANCING/PARTNERING SOLUTION, PROPOSAL IN PLAY
*
BS26 Professional Services
Completed Sellability Score
“Business Planning; in Reverse!” session conducted, decision due end of July.
*
BS27 Training Services Provider
via Linked In
Received Stage 2 financials, analysis work now to be done
*
BS28 Manufacturer
Completed Sellability Score
Referral – first meeting, in 2 weeks time
*
BS29 Accountancy
Referral – first meeting, next week
*
BS30 Online Business
Completed Sellability Score
Had started down process, but stalled…now back on track
Potentials buyers now being discussed
*
GET YOUR SCORE…
*
The “Sellability Score” reports continue to dribble in each and every week.
More calls to make as a result and more emails to send 🙂
Onwards and Upwards!
