I’m not embarrassed to say I have struggled a lot in my home business. I started with nothing but what I already had available. I was trudging along, but I kept seeing some of those who started their business at the same time passing me by. Why? What were they doing I wasn’t? They were willing to invest in their business and I wasn’t.
Times were tight when I started my business sure, but we aren’t talking about big investments. I could have come up with $15 for an eBook or monthly membership. With a little planning, I could have come up $50, $100 or $200 for a training class. It wasn’t about the money, it was my state mind. What if I spent that money and my business failed? It didn’t take long to figure out if I didn’t spend that money my business was going to fail.
After I started spending a little coin here and there, great things started happening. Every training class I took introduced me to new people and added new services to my list. Every eBook I read boosted my confidence in my abilities and taught me more tricks of the trade. I can’t think of a single investment I have made that didn’t give me a return on my money.
I don’t jump on every bandwagon for a new product. I still do my research on the “expert’s” background, experience and reputation. I have my business budget set to allow a certain amount for investments. I choose wisely.
With the confidence and skills I gain from each investment, my bottom line increases. The profits are allowing me to invest in some bigger things I want and need. I see my business growing everyday and I can now see myself on a level playing field with others.
There are still a few investment holdouts I have known from the beginning. They still aren’t willing to invest and they are still struggling. Some are on the verge of failure and some have already thrown in the towel.
Take a look at your business budget this week. Find a way to start saving back even $10 per week to invest in your business and yourself. Think of it as your “virtual gas money.” You may not be making a drive to the office everyday, but these investments are going to get you where you are going.
About Angie
Happy Saturday Sharefest!
That sounds like great advice, and a mistake I would definitely make if I were starting a home business!
.-= Cheryl D.´s last blog ..When Itchiness Can Spell Trouble =-.
A great reminder that businesses need nurturing, as well as us who work in them! Not only do I try to reinvest a little in the business, but also to add a charitable donation as a percentage of my profit for the month into the budget. It may only be a little money each month but as the months roll by, it adds up quickly.
I love donations. Donate a Day’s Wage to Charity Day is May 12.
Hiya, and thanks for entering my giveaway for the header design.
Someone asked me about designing WordPress headers, and I wasn’t aware that it’s different to designing one for blogger blogs, but I will definitely look into it so if you (or another wordpress blogger) should win, it will work on your blog.
Don’t worry that you don’t have a header already – you’d just have to explain to me the style/feel you wanted to reflect you and your blog and I’ll go from there.
Also, I’m not sure if you tried to do the “follow” and it didn’t work, but it hasn’t shown up… so just to make sure your entry is all good, could you check that?
Cheers and good luck!
from Simone
Greatfun4kids
.-= Simone´s last blog ..The Climb =-.