November 2010
Welcome to Elizabeth Hagen's Growing Your Business with Confidence Monthly Tip
 
Greetings!

Welcome to this issue of my monthly tip newsletter just for women entrepreneurs.  Each month you'll be receiving an easy-to-implement and very valuable tip or strategy to help you grow your business that you love.
 
If this sounds valuable to you then I'm looking forward to helping you to stand out, accelerate your success, and grow your business!
Are you on your payroll?



Do you know who the most important person is on your payroll? It's you. Are you paying yourself?

Don't want to answer?!

Up until recently I felt the same way.  I based what I paid myself on what was left over after taking care of expenses. That is not how a business owner acts.  As business owners we have roles, responsibilities, expectations, and we have a compensation package.  This is referred to as our Owner's Discretionary Income or ODI.

When you put yourself 2nd on the payroll this has a ripple effect on your marketing.  When you start paying yourself first you'll do a better job of managing expenses and putting money in your pocket.

Decide now what you're going to pay yourself and then decide when.  The 1st and 15th?  Every Friday?

If it terrifies you to pay yourself first before taking care of expenses this is a very good thing.  You will do a MUCH better job of marketing. This is going to make you pick up the phone, this is going to make you follow-up, this is going make you talk to more people at a networking event, etc. 

Start marketing to pay yourself vs. marketing to pay your bills.  Amazing things are going to happen!

Elizabeth's Assignments:
  1. Make a decision today that you are going to pay yourself first and on a regular basis.
  2. Take action and set up an automatic withdrawal for your salary.
  3. Stay focused and don't stop when things get tight.
Let me know at my blog that you are doing this and the changes it has made in how you market.
Your input, please!
I want to make sure that I am giving you what you need to grow your business. 

Please answer this question for me:
What are the top 3 things you'd like to know or learn to grow your business?

E-mail me with your answer by Friday, November 5, 2010 and your name will be put into a drawing for a $25 Target gift card!
, thanks for taking the time to read the 'Grow Your Business with Confidence' tip and I'm excited to help you accelerate your success. Of course we want to grow our business and make more money but let's not forget - the busier we are the more people we get to help. And the happier our clients are the more they will tell others!

Love and confidence,
 
Elizabeth


Speaker  Member of the National Speakers Association
Coach    Small Business Success Coaching Network
CPO      Certified Professional Organizer and Member of the
             National Association of Professional Organizers
Issue: 30
Elizabeth Hagen, CPO

If you're a determined woman entrepreneur who wants support, is ready to take focused action, and wants to accelerate your success and grow your business - welcome!!
I'm Elizabeth Hagen and I'm here to help.  I've put together the best tips/tools/advice that I've used to grow and maintain a successful organizing and speaking business and I want to share them with you!

Every month I'll be sending you a quick tip for you to implement immediately.  It's all about making a decision, taking action, and staying focused!

I can't wait to hear about your success!
Elizabeth

Elizabeth Hagen
Coach - Small Business Success Coaching Network
(605) 357-8767