Determining your worth is important and empowering. All professionals should conduct salary research every year or two, and small business owners are no exception. Knowing what to charge for your time and services is important if you want to stay competitive and satisfied. Nailing down the numbers as an independent business owner, however, requires more steps and consideration than would be required of an in-house employee. Because you are your own boss, it can be difficult to objectively determine how much you should make. Additionally, small business owners have to consider more factors when determining what to charge than HR…
Read MoreWhen there is SO much to do that there’s barely enough time to do it in, we have an odd tendency to put off doing anything at all. Procrastination is tempting for many reasons: overwhelm, fear of failure, disorganization, or simply not knowing where to start. As an entrepreneur, it’s best to nip your procrastination habit in the bud before it derails your budding enterprise. Here are a few tools I’ve picked up that can help keep entrepreneurs from procrastinating. 1. Get OrganizedIf your workspace is a mess and pens, papers, and wires don’t have their own designated space, you…
Read MoreEvery successful industry mogul, from Jack Welch to Sara Blakely, has faced failure. Sara Blakely, creator of Spanx and self-made female billionaire, told CNBC in an interview that her father would often ask her and her brother the same question at dinner: “What have you failed at this week?” The exercise was not one of self-flagellation and wallowing in disappointment but to one that pointed out that there is no failure without trying—and that not trying is a worse alternative than failure. As an entrepreneur I have faced my share of failures, too. In fact, because my process is all about…
Read MoreWhether it is to spend more time with family, to make a better living, or simply follow a passion or skill set, so many women these days are making the move into independent business ownership. As exciting as the decision to work for yourself is, it can be daunting when you realize how much work, dedication, and patience are required for success. You may have well-meaning friends or peers who have attempted to encourage you by saying that it can take months—or years—for your business to get off the ground or that starting out is hard for everyone. Meanwhile, you…
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