Tag Archive | "online business"

3 Aha’s from the Wealthy Thought Leader



While I had many shifts, ideas, pauses for thought, and lightbulb moments while attending Andrea Lee’s Wealthy Thought Leader event, I wanted to share with you three of the a-ha’s I had during the event’s three days.

1. I already am a wealthy thought leader…

I just need to embrace it. And I can’t do that until…

2. I’m ready to take a stand…

And I am ready. It’s been forming for a while now, most particularly over the last few months. I started getting really clear on my principles and guideposts for my business as well as how and what I want to teach and share with my clients to enhance their business as well.

And that re-ignited that…

3. I really do love what I do.

How blessed am I that I get to work with such amazing clients, that I’m surrounded with a fabulous group of colleagues that continues to deepen and grow, that I get to be as creative as I want all the time, because this is my business, my life, and my choice.

At my annual Online Business Breakthrough Workshop, we’re going to do a session on making a stand in and for your market so you can stand out in an overcrowded marketplace.
Get on the early reservation list here.

I love to know how this resonates – share your thoughts with me below…

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4 Easy but Powerful Ways to Create More Success in Your Business in Less Time



Here’s a question I get asked all the time:

“I don’t know you how do it, Alicia…with two little ones to care for and so few hours in the day to actually focus on your work. Somehow you manage to write your weekly ezine, hold a bunch of teleseminars each month, run your group and private coaching programs, AND be creating and promoting new offers and new products all the time. I’m so impressed and inspired by you, but more than that, I want to know how you do it all!?”

To be honest, sometimes I wonder myself! Something I often say to other, especially new, mothers is, “despite what everyone tells you to do, do whatever works for YOU.” In a way, that’s how I started running my business after I had my daughter. I just did whatever worked. I still do.

When she got a bit older, it was easier to manage both being a fulltime mother along with running a successful business. Then enter baby #2 and it was back to square one. It’s not easy but it is possible. And here’s what’s really interesting (mompreneurs, take note): I started making about $3k more each month since having my son – and I’m working LESS.

A client once pointed out to me that it seems the biggest growths in my business have been when I’ve been having babies – and she’s right!

Over time, I’ve figured out how to get the most important things done while still being able to focus the majority of my time on my family (after all, that’s one of the reasons why I went into business for myself in the first place).

Here are just a few of them:

1. Setting my work hours

My typical work day looks like this: I get organized the night before for the next day. This jump-starts my day and makes sure that when I do get those tiny pockets of time to get something done, I know exactly what to do. This makes me feel like I’m accomplishing stuff in-between drop-off and pick-up from school, making crafts, playing trains, making dinner, etc.

When I started my business, I didn’t get any real work done until naptime. I worked for about a total of an hour or so while the kids napped, five days a week. Then I put in some more time after they went to bed at night, whether I was leading a teleseminar or catching up on emails. My biggest block of focused time, usually reserved for writing and product creation, was on Saturdays, when I worked approximately 4 hours.

During a perfect week, that gave me about 12 hours of time dedicated to business. However, there’s never a perfect week (one or the other doesn’t nap, I have some pressing non-business-related task that I can only take care of when they’re sleeping, one of them is sick, etc.), so my best guess is that this gives me about 8-10 productive hours to work on my business each week.

Now that the kids are both in school, my dedicated work time is a couple of hours in the morning until I pick my son up at noon, a little at naptime, and sometimes in the evening (again if I’m hosting a teleseminar) or on a Saturday, if I have a launch going on.

So, although my hours have shifted, the amount of hours is still relatively the same – about 15 hours a week.

So how do I decide what to focus on that will move my business forward the fastest in that limited amount of time each week? I use what I call a Priority Card…

2. Using a Priority Card

A Priority Card will help you organize all your tasks in a way that will SHOW you every day what you should focus on. There are a lot of details that will threaten to take your mind off your priorities (this is where a virtual assistant can be of immense value), but those details are not necessarily what will move you forward in your business. To do that, you need to consistently focus on completing the projects that will move your business ahead big-time.

You can create a system for helping you focus on your priorities in a number of ways, but I’m going to give you mine. Like I said, I only work about 15 hours a week on my business, so adjust your own plan accordingly.

At the beginning of each week, I choose 3 to 5 projects with looming deadlines (self-imposed as they may be) from my master task list (which really is so massive that I write it on a 8.5 x 14 legal pad). For example, at the moment, I am working on my annual Online Business Breakthrough Workshop.

On a colored index card, I write down those projects and prop the card in a standing clip holder, right in front of my computer screen. When I start to feel that sense of overwhelm, or when I find myself getting distracted by new ideas or other tasks (all of which seem important), I remind myself to look at my Priority Card and focus only on what’s written there.

Once I started using my Priority Card, my own business growth leaped forward ten times faster than when I was doing a little of this and a little of that, working on a dozen things, but taking much too long to actually complete just one project.

3. Ignoring the phone

I’m serious when I say that I ignore the phone. Some of my clients get heart palpitations when I tell them that I NEVER jump when the phone rings and suggest they do the same. I don’t even have the ringer turned on on the business line. Does this mean I miss some important calls? Probably. But my virtual assistant checks my messages in a timely manner, takes care of what she can, and forwards the rest to me. I then email or call people back at a more convenient time for me.

4. Quick consults

When a prospective client wanted to speak with me about ‘just a few questions’, I used to gladly schedule a time to talk. But instead of a few questions, I’d be on the phone for at least a half hour, basically giving a free coaching/consulting session, and being frustrated with myself for not valuing my time more.

And up until a few years ago, when a potential client or customer requested to talk with me further about working with me or about one of my products, they could schedule a time to talk for a much smaller fee than my usual hourly rate, and if they decided to go forward with working with me, they could apply the fee they paid towards the program or product they were interested in. This was fair and valued both our time and investment in the process.

Now, however, prospects can talk with my virtual assistant should they need more information about any of my programs or products. If someone is interested in working with me one-on-one, they need to apply for a private coaching spot and if I feel it’s a good fit, we set up an interview to discuss moving forward.

BONUS: Make and use lists

I’d be lost without my lists! I’d never remember to do anything if I didn’t write it down. I keep a bunch of reporter’s notebooks around the house and anytime I think of something I need to do, I write it down in whatever room I’m in – whether it’s business or personal. Then I periodically gather the lists and separate them into three main lists; personal, business, and other (which includes the “someday I’d like to…” stuff; things that aren’t a priority but that I want to remember to do at some point), and check things off in priority order from there.

If you start applying some of these steps now, I guarantee the number of productive hours you spend on your business will increase. And you’ll also feel less overwhelmed and lessed stressed about trying to get it all done!

I’d love to know which one of these resonates the most with you – share with me below…

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5 Fast and Easy Ways to Leverage Your Time and Talent Series: Part 4 of 4



People ask me all the time how I’ve managed to create a 6-figure+ business while only working about 15 hours a week. First, I had to build a solid foundation and set up systems that would support the business as it grew, systems that were either automated or delegated or easily repeatable.

Once I had the foundation and the beginning systems in place, I was constantly looking for ways to leverage my time and talent, and I still do. I could write a book on the many ways we do this in my business (and maybe I will someday) but in this 4-part series, I’m going to share with you some of the most effective ones that you can apply to your business today.

1. Pick a price…

Pricing is one of the places that almost everyone gets stuck. Don’t stay stuck especially if it’s something new that you’re offering and you’re filling in the holes in your business model. Just pick a price and get your offer out there.

Getting stuff out there will move you forward, create more income, and leverage your time.

You can say, “This is early bird pricing. This is beta pricing. This is an introductory rate. Be one of our beta testers.” Know that you’re not wedded to that price forever and ever.
That is the beautiful thing about what we do. We can change our pricing all the time. It’s simple. You can just type a new number.

2. Always be hiring…

As your business grows you always want to hire. Pay attention to who shows up, who comes across your desk, who is in your inbox and who you meet at conferences and events who may be a good addition to your team.

You might think, “I’d love to have her do my social media. I’d love to have her be part of my administrative team. I’d really love to have this person do my website.”

Be aware of the people that you’re feeling that resonance with. Maybe there is a small project you can hook them with to get them onto your team early.

That way when you’re ready to hire someone, you have a ready file of possibilities to go to.

3. Make mine WordPress…

If you haven’t made the switch from a traditional HTML to WordPress, now’s the time.

The benefits of using WordPress are seemingly endless. Search engines love them, you don’t need to know HTML to create a site or make changes to an existing site, and there are tons of free and low-cost templates to choose from that will give you business a professional polish.

Because it’s so easy to use WordPress, this is going to save you (or your designer) tons of time, which is going to save you tons of money.

4. Take a stand and make it matter

To increase your exposure and your reach into your market, decide what it is that you are willing to take a stand for and make that matter to your market. If you’re ready to stop seeming like everyone else in your market who does what you do, then figure out what it is that you believe at core level and are willing to make a stand for and in for your market.

Then use that stand as the basis for your manifesto, weave it into your marketing copy, speak about it with passion, and watch as more of your ideal audience gathers to you.

5. Publish your content on Kindle

If you have an ebook or a print book, consider publish those on Amazon as Kindle versions. It’s a great way to get your content in front of all that traffic that already exists on Amazon that can lead to more leads and more sales for you. Just be sure to put an invitation in your book that leads people back to your website.

I’d love to know which one of these leveraging tips resonates the most with you – share with me below!

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How to Unhook from the Future



Chloe has a children’s book titled Milton’s Secret: An Adventure of Discovery through Then, When, and the Power of Now by Eckhart Tolle and Robert S. Friedman, which really simplifies the concept of living in the present moment, and how the practice of that will, for the boy in the story, eliminate fear and worry.

I wanted to explore that as it pertains to your business, with a slightly different slant. I wonder if you, like so many of my clients, and myself as well from time to time, are so hooked into the future that we’re missing the NOW and not fully enjoying the journey?

So how do we unhook from it to allow what we truly want to come to pass without always feeling like we’re striving for it? Here are 5 ideas:

1. Let go of the goals that take you away from the present.

Let me say first that you can have everything you want – and there’s no judgement here on what those things are.

That being said, do you want a mansion, to be the #1 speaker in your market, to be the one with the biggest email list in your market, to be a New York Times bestselling author, to make a million dollars? There’s nothing wrong with any of those lofty (and completely attainable) goals.

And, what happens is when we’re so focused on the sexy dream we tend to get ourselves so riled up about getting there that we miss all the amazing stuff happening NOW.

What I’ve noticed is that people get impatient, sad, frustrated, and even angry when they’re so focused on the future goal that the present seems uninteresting at best, despairing at worst. The antidote? See #2.

2. Polish the present

I want to encourage you to stop striving so hard and thrive in your present. What I mean is that if you make what you already have better, and polish what’s already good and working, you uplevel your life without expending that energy on something that doesn’t exist yet.

Yes, it’s about appreciating what’s already good and right in your world and in your business AND it’s about how you can make what’s already there fulfill you even more. It’s true that if you make the most of what you already have, you’ll get more and better of it with a lot less effort on your part.

3. Don’t plan so much

I’m all about having the big picture plan down to the day-to-day details, and yet I know that most of the time, the plan changes.

One of the reasons we – as business owners – plan so much is because it gives us a sense of control and it helps to alleviate the fears and doubts we have about knowing what we’re doing.

So have the plan and be willing to be flexible with it. Let it be a guide but not the only way. If you get wrapped up in THE PLAN you’ll actually hold yourself and your business back from being able to adapt quickly when things change – and they always do.

Assess if you spend more time planning than doing – and if you do, stop right now. And if you tend to fly by the seat of your pants more often than not, you might want a lightly-built framework around you to give you some sense of stability.

4. Get out of the striver’s club

Stop trying to acquire a better future with others who are striving. It’s just too exhausting. I’m not saying to surround yourself with lazy folks, but to get out of the overdrive club if you want to relax into a currently compelling present instead of an exhausting still ‘out there somewhere’ future.

5. Get off the ‘if/when’ rollercoaster

I admit this is a pet peeve of mine. Not from people who are decisive, but from people who use it as an excuse to not be happy now. When you make ‘if/when’ statements, you’re living in the future. Dreaming and visioning is one thing; otherwise it’s a holding pattern for you but even worse, you’re not enjoying where you’re at right now!

I’d love to know your thoughts on how to unhook from the future so you can enjoy the present – please leave your comments below.

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How Much Money Do You Really Need?



I’ve personally invested over $100k in my own business education (not including my MBA) and I’ve leveraged that investment into well over a half-million dollars in the last few years.

I’ve said before that I will make my million – in my time and on my terms. And because I’m sensing this strong undercurrent of desperation in many business owners about making 6 or 7 figures, I wanted to invite you to take a different tact:

Ask yourself, what’s the least income you can make right now and still live a happy life?

Not ‘I want to make a million dollars by the time I’m 40′ and you’re 39 now and the most you’ve ever made is $50k. Not ‘I want to make 6 figures by the end of 2011′ and your current monthly revenue is $2k.

So, what’s the least you can make that will take you to that very next step in your vision – not the BIG vision – but just the next bump up?

What’s the least amount of money you can bring in that will give your current lifestyle the boost that will make you smile, that will make you feel and know you’re moving forward, and that will continue to motivate you onward?

You see, I’ve been asking myself the same question lately. And the reason is because I’ve been starting to feel really stressed in my business and frankly I’m not having as much fun as I used to in it either.

And because of a few other things that are attributing to this feeling of heaviness that are outside my business, I’ve been feeling a need to shift things. Just small shifts for now, while allowing the bigger shifts to more fully form without pushing them into fruition until next year.

So here’s my answer to this question and how you can figure it out for your own business too:

Step 1: Get cash clear

Get crystal clear on how much money you really need to live the lifestyle that you’re happy with, not the one you’re striving for (I guarantee when you give up this grip, money will flow more abundantly to you).

This may mean having a conversation with a spouse or partner. Do it. Especially if you are in a financial partnership with someone else, you’re likely not the only one feeling the push and the pressure for more. Do yourselves both a favor and figure out what’s the minimum level for you. You may be able to give up or put aside one or more of your current income streams so you can have more of the time freedom you crave, knowing you still have enough to enjoy your life.

Step 2: Be sure all your eggs aren’t in one basket

If you’re relying on high-end pricing and programs to carry your business, you may be setting yourself up for a financial fall. Your clients and customers are being more and more discriminating about where they’re spending their money – and that’s not going to change anytime in the near future, not while our economic outlook is still bleak.

Be sure to have different ways in which you can serve your market, not just one-on-one. Offer lower priced programs and products to help more people as well as to diversify your cash flow.

Step 3: Build your business around your life

This is a mindset shift for many people. But if you’re in business for yourself, isn’t it so you can design the life you want to live? Not so you can work more, but so you can work less, and still enjoy a great life with the income to support it?

In order to do that, you have to schedule your life first, then your business-building activities around that. This is how I’ve been able to take off almost 3 months every summer for the last 6 years. My business doesn’t suffer; in fact, it grows because of my commitment to this principle.

Figure out how to make the money you want for the next level of your business (again, not the BIG vision, just the next bump up) in the time that is left after you’ve planned the life you want to live first. Then ask for the support or hire the team you need to help you make this happen.

When you put your life first, the time towards what makes you happy, the focus on just the next bump while you tend to LIVING, all the ‘more’ you want (which we all want, by the way – we are all here to grow and to be, do, and have more) will come. This I know for sure.

I’d love to know your thoughts on this – please leave your comments below.

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Avoiding the Well of Despair: A Realistic Timeline to Cash Flow



Falling into fear and doubt as you build your business is normal, but there are many things you can do to catch yourself before you fall into what I call the Well of Despair. The Well of Despair is that cold, dark, spinning place filled with fear and doubt like…

“Can I really do this?”
“If this really going to work?”
“I’m putting in so much effort and it feels like I’m not getting anything in return.”
“I’m uncomfortable talking about my business because
I’m not where others think I should be and I feel like a failure.”

First, take heart. We’ve all been there, and back again. And while there are many things you can do to climb out of the Well of Despair or keep from falling into it in the first place, one of the most effective is to simply manage your own expectations about your rate of success. I’m defining success in this case as ‘consistent cash flow’ so here’s a time-tested (over 10 years) timeline to cash flow for your online business.

Knowing this timeline will allow you to manage your expectations, relieving fear and doubt that you’re doing things wrong or that you’re not doing enough. It also allows you to plan ahead so you can move faster through each of the phases OR pace yourself as best fits your lifestyle. The timeline also tells you what to focus on now or what to focus on next.

If you’re implementing the relationship model of building your business, it’s important to be prepared for the time it takes to build your business (this is not a get-rich-quick model, but a potentially highly profitable one with sustainability) and to set realistic expectations of when you’ll start to see a profit from your offerings.

Phase 1: Market and Message

You’ll move through Phase 1 typically within the first 3 months in your building your business. This is when you’re focusing on the problems you solve for your market. This includes discovering and defining the biggest challenges your market struggles with, and researching and/or creating the solutions.

Phase 2: Building Your List

Once you’re clear on who your market is and what solutions you offer to them, you’ll move into Phase 2, which is all about building your list. Currently, we’re striving to attract 500-1500 people to our email list by offering them a free sample of what we do. We start this process right after Phase 1 and focus on building the list as part of our on-going marketing efforts.

Phase 3. Making Offers

This is when you start focusing on how to generate an income with your multiple streams. This is typically done from month 7 onward.

This timeline will give you a sense of how long it can take to get to consistent (or even any) cash flow in your business, as well as stave off any frustration and overwhelm you may feel as you get your online business off the ground or continue to build it. Remember, it takes twice as much fuel for a jet to take off as it does to cruise at altitude. It’s the same in your business. You’re putting in more effort in the beginning but you’ll be cruising later.

Of course this is just a typical timeline. You can always move through it faster or slower, depending on your time and efforts.

I go into this Timeline in a lot more detail with my private clients as well as in our L.E.A.P.™ programs, so if you’d like to learn more, go here.

Where are you in the timeline and what’s your next step? I’d love to know so feel free to leave share your thoughts below…

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