Entrepreneurs and Chasing Dollars

Entrepreneurs and
Chasing Dollars
Perfect Marketing Equation
© All Rights Reserved.

Many entrepreneurs are doing
one of two things….
www.perfectmarketingequation.com © All Rights Reserved.

They’re either riding the hamster
wheel, or they’re frozen and
standing still.

Neither equals a profitable
business.

Entrepreneurs and the
Proverbial Wheel of Doom

If I can share one bit of wisdom
it’s don’t chase dollars! It’ll
never work.

You’ll never feel like you have
enough. So you just keep
chasing it.

Something else an entrepreneur
does that’s chasing the dollar is
they ride the hamster wheel.

They ride it so much in fact, they
think that’s how it’s supposed to
be – mainly because they’ve
never experienced anything else.

So they go round and round and
round – they’re working hard, but
they remain in the same place.

If you’re chasing dollars, you’re
never really focused on the big
picture, the work that really
needs to get done.

Habits of a Profitable
Entrepreneur

Here’s the 4 steps I use in my
practice to teach entrepreneurs
how to stay off the hamster wheel
and be profitable in their
businesses.

1. Declaration of Intent

What are your intentions with
your business? Is it to free
yourself from a job you hate?

Become wealthy? Perhaps just
have a secondary income
resource?

Whatever the intent is – declare
it. Say it out loud, own it and
commit to it.

2. Put a Dollar Sign On It

Whatever intent you declare,
follow that up with a dollar sign.

How much will it take? If you
want to become wealthy for
example, what does that mean to
you in specific terms?

If it’s secondary income you
seek, how much do you need?

Write that number down for you
and everyone to see. You can’t
own what you don’t make known.

3. Treat Yourself Like an
Employee

Now this is probably the hardest
part. It’s been my experience
(personally and from others) that
many entrepreneurs have a
sense of entitlement.

Once they’re freed from the cube
they feel like they don’t have to
get up at certain time anymore –
or answer to anyone.

Not true! If you want to make
money in your business you must
treat your business like it’s a real
business.

4. Develop a Plan of Action

Once you know your intentions,
you know how much money you
want to make, and you’ve
developed a working
environment – now it’s time for
ACTION!

Develop a step-by-step plan that
gets you to where you need to
be. How many clients do you
need?

How much activity will it take to
get those clients? How much
revenue do those clients
represent?

Are you growing your list? How
are you getting the word out?

These are the types of questions
that need to be answered to get
you to where you want to be.

These are the traits of
entrepreneurs that are successful
in their efforts. Adapt to them and
you’ll succeed at anything!
Cheers!

If you need some help picking a
niche market I just launched a new
training product that will tell you how
to make that choice step-by-step. It’s
absolutely FREE.
Click here to check it out.

Visit my website for more entrepreneur
training courses.
www.perfectmarketingequation.com

If you’re bootstrapping
a business and need a
roadmap look up my
book, Yanking
Bootstraps, on
Amazon! It’s a short
but powerful read that
will give you strategies
to use right away in
your business.

Connect with me!
Twitter -@thawkbridges
Facebook -
www.facebook.com/TammyHawkBridges

I hope you found this slideshow helpful in your business
please visit me at perfectmarketingequation.com for
marketing training and educational information for
entrepreneurs.
Tammy Hawk-Bridges is an author,
entrepreneur mentor and marketing
strategist. She provides education
and marketing training for
entrepreneurs. Connect with her on
Twitter @thawkbridges.

Entrepreneurs and Chasing Dollars

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