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27/06/2023

We will be covering what a successful pivot looks like and how to determine when its time to pivot in our newsletter in the upcoming week. Subscribe so you don’t miss out! Link in bio.

What is a pivot?

A pivot in business refers to a change in strategy or direction that a company makes the better position itself for success. A business may pivot in response to changing market conditions, customer needs, etc. Pivoting involves changing course or potentially deviating from the businesses original vision.

Why is pivoting so important?

Pivoting is important to entrepreneurs because it allows companies to adapt. By pivoting companies change course and potentially avoid failure or decline. It’s important to stay competitive and relevant in a constantly evolving market.

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24/06/2023

Finding and attracting investors can be a challenging process, but we can help with that! A well prepared pitch, solid business plan and clear understanding of your businesses financial needs can attract investors today!

1. Develop a business plan.

Your business plan needs to be solid. A strong business plan is essential for attracting investors. Your plan should clearly outline your business goals, strategies, financial projections and potential to return on investment.

2. Network.

Take advantage of networking opportunities to meet potential investors and build relationships with them. Check out our previous post on networking for tips and tricks on building your net work like a billionaire would.

3. Online platforms and angel investors.

There are many online platforms that connect entrepreneurs with investors (Angel list, Gust, Seed invest.) You could also seek out angel investors. Angel investors are typically high net worth individuals who invest in early stage businesses. Look for angel investor groups in your area to get started.

4. Crowdfunding.

Crowdfunding platforms like Kickstarter and Indiegogo allow entrepreneurs to raise funds from a large group of people. This can be a good option for businesses that have a strong following or unique product or service.

5. Hire a professional.

Consider hiring a financial advisor, accountant or other professional who can help you identify potential investors and create a solid financial plan.

Increase your chances of finding investor by following the tips above.

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24/06/2023

Working for yourself >>>

23/06/2023

Half way through the year! Let’s go!

23/06/2023

What really gets you going? Let us know in the comments below! Are you anxiously motivated or excited and motivated?

Anxious motivation and excitement motivation are two related but distinct concepts.

Anxious motivation refers to the feeling of being motivated to take action because of anxiety or fear. If you’re anxious about a deadline for a project and feel motivated to work harder and longer hours to accomplish that goal, you’re anxiously motivated. This isn’t ideal because anxious motivation is usually accompanied by feelings of stress, tension and pressure.

Excitement motivation refers to the feeling of being motivated to take action because of excitement or anticipation. A person may feel excited about launching a new product or service, and feel motivated to work hard and make it a success. This type of motivation is often accompanied by feelings of enthusiasm, joy and anticipation.

The difference between anxious motivation and exciting motivation is the emotion that drives the motivation. While both types of motivation can be effective in driving action and accomplishing goals, excitement motivation is more positive and enjoyable which can lead to a better quality of life.

Shifting from anxious motivation to excitement motivation starts with reframing your thoughts. Instead of thinking, I have to finish this project or I’ll fail. Try thinking I’m excited to finish this project and show others what I’m capable of. You should also focus on the positive, visualize your success, set realistic and achievable goals and practice positive self talk.

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23/06/2023

Thoughts?

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22/06/2023

TIME WEALTH >>>

22/06/2023

Steve Harvey on why every couple should have 4 bank accounts. 💡

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21/06/2023

Mark Cuban on having a 9-5 Job.

He just gets it.

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21/06/2023

Out the mud!

20/06/2023

Have friends who follow .fyi

20/06/2023

The TOP 5 fastest growing industries! The last is our favorite and in our opinion could make you very rich very fast!

1. Shipping and delivery services.

The rising popularity of online purchases has led to an increase demand for shippers. Here are some small startup ideas:

Courier Service
Same day delivery service
Last mile delivery service
Specialized delivery service (Medical equipment, fragile items etc.)

2. Healthcare industry.

As our population grows, so does its medical needs. Here are some small start up ideas:

Home healthcare services
Medical billing and coding
Telemedicine services
Medical equipment rental services
Healthcare consulting
Health and wellness coaching (Preventative health)

3. Travel and food industries.

With the growth in social media and in interest in traveling after years lost due to the pandemic, the love for travel, food and culture is increasing (for obvious reasons). Here are some startup ideas:

Travel:
Travel planning
Vacation rental management
Travel blogging
Travel gear and accessories (e-commerce)

Food:
Food Truck
Catering
Meal prep (Meal prep delivery)
Cooking classes

4. Online retail.

As more consumers turn to online platforms for shopping this demand is constantly increasing. Here are some start up ideas:

Niche product store
Dropshipping
Subscription box
Customized products

5. AI revolution.

The future of the global economy lies in AI. AI is expected to be one of the fastest growing industries of 2023. Here are some startup ideas:

AI consulting
AI chatbots
AI powered (analytics, marketing, healthcare)
AI asked cybersecurity
AI newsletter

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19/06/2023

Steve Harvey explains the law of attraction!

Agreed?

19/06/2023

It’s easier than you think 💡

18/06/2023

50 ways the start a conversation with ANYONE.

What was your fav? Tell us in the comments below.

18/06/2023

Step one. ☝🏽

18/06/2023

A growth mindset is key when it comes to scaling your business or just overall improving in life.

Start applying these tips today!

1. Become self aware.

The first step in cultivating a growth mindset is recognizing where you have a fixed mindset. Regularly reflect on your thoughts and behaviors in areas where you think you need improvement. Seek feedback from others and use that information to grow and develop.

2. Embrace challenges.

Embrace opportunity when you can be challenged. These are prime opportunities for growth. Approach the challenge with enthusiasm and willingness to learn. By getting used to getting out of your comfort zone, you can develop a growth mindset, and be more open to improvement.

3. Over analyze and learn from your failures.

Experiencing a failure is like striking oil when it comes to a growth mindset. Rather than seeing failures as evidence of fixed limitations, they are opportunities to learn and improve. Take time analyzing your failures. Really dig deep on what went wrong and led you to fail. Use that knowledge to do better next time.

4. Apply the power of “yet”.

There is a lot of power behind “yet”. The key to this is realizing that there are skills and subjects that you have not developed “yet”. With Hardwork and perseverance, this gives you reassurance that you will reach your destination.

5. Develop persistence.

Persistence to a growth mindset is like flour to a cake. Developing persistence requires a combination of mindset habits and strategies. Start by setting clear goals. Break those goals into small detailed steps. Follow up by creating a routine around the actions needed to complete those goals. While completeing those goals you must maintain a positive attitude. Seek support from others than can provide the encouragement and accountability you need to complete your goals. As you accomplish small milestones along th way you’ll build confidence in your ability to be persistent. Persistence is a skill and that is how you develop it.

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17/06/2023

Small habits = Big changes.

17/06/2023

We recently covered how to network like billionaires, and now we’re going to tell you how to net work with billionaires. Apply those skills that you learned from the previous post to this one, and you will be increasing your network in no time.

1. Get in the same room as them.

Well this is obvious. But, how do you do it? Billionaires are often busy individuals with many demands. However, there are a few strategies that may increase your chances of meeting one. Attend industry events and conferences where billionaires may be present. Consider joining an angel investor group or venture capital firm. This can give you access to a network of successful entrepreneurs and investors, some of whom may be billionaires. Many billionaires are also philanthropist and may be involved in charitable organizations. Consider getting involved and look out for opportunities to volunteer.

2. Add Value.

Offering something valuable is a great way to stand out to billionaires. This could be a unique skill or perspective. This could also be a connection to someone in your network who would be helpful to them. Whatever it is always offer something of value.

3. Do your research.

Personalize your approach when communicating with a billionaire. This will demonstrate you've done your research. The more you can learn about the person that you’re meeting with the more likely you’ll be able to explain precisely how you can address their specific needs or strike a common cord which can lead to building a relationship.

4. Follow up.

Following up with someone after an interaction is an important way to build long lasting relationships. When it comes to following up, you want to be thoughtful and strategic. You could try sending a thank-you note, e-mail, text message or social media direct message to express your appreciation for their time and insights. Don’t forget to refresh their memory of you and try to be specific about what you learned or valued from the conversation.

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17/06/2023

* Drumroll please*…

A whopping $823,763 in net worth.

Do you fall under the 1% club?

16/06/2023

Got billionaire dreams? Form billionaire habits.

Networking is essential to your resource bank. Which is critical to the growth of your business. Follow these tips to network like the greats!

1. Lead with effective questions to identify their problems.

When leading with effective questions you focus on understanding your networks challenges. By knowing your networks challenges, you can then offer your unique skills as a solution. When you become valuable through your unique skills, you’ll increase the likelihood of making strong connections with high-profile individuals.

2. Build relationships through shared experiences.

One key to successful networking is building relationships. Shared experiences is a great networking strategy to building relationships. Hosting dinners or events for entrepreneurs and professionals in your industry create a gateway to forge strong connections with influential people, and gives opportunity to create bonds over common interest.

3. Be an authentic fan without being intrusive.

Express admiration for your network while maintaining boundaries. There are ways to express admiration without being excessive like engaging on social media platforms. Well thought out comments and validation related to the post topic could spark further connection.

4. Be extremely likeable.

This will go a long way in networking and connecting with people. We will share a couple hacks to make yourself more likable than others:

- Mirroring peoples words. People light up when you repeat the words back to them. As in, “This app is going to revolutionize the way people order local chickens from the farm,” to which you would say, “This is going to revolutionize the way people order local chickens from the farm? How?” to which the person would reply, “Yes! So glad you asked...” see how that works?!

- Stop looking around the room. Fully engaging with one person as if he or she is the only person in the room for even 5 minutes will leave the biggest impact and increase connection. Dinner plans, the work on your desk and your child’s violin recital next week can wait.

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16/06/2023

Quality Over Quantity.

15/06/2023

Consistency >>>>>

15/06/2023

Best budgeting tips for today’s entrepreneur. ⬇️⬇️⬇️

1. Separate your personal and business finances.

Always keep your personal and business finances separate. If your personal and business expenses aren’t separate you won’t get an accurate estimate of how much money your business brings in. You are one of your businesses cost so treat yourself that way.

2. Set aside cash for taxes.

As obvious as this may sound, many business owners especially new to the game tend to underestimate their annual taxes. To be safe, open a separate account and put aside 20% of your gross revenue or 35% of your net revenue each month. Planning ahead for taxes is key so you don’t end up paying much more in late fees and can even risk being audited.

3. Keep your receipts.

First time entrepreneurs may only take their largest expenses into account when budgeting but that’s a big mistake. Small cost overtime all bundled together become… a large expense. There are plenty of accounting softwares that allow you to take photos of your receipts and store them for future use.

4. Know what you can lose.

The unexpected could happen unexpectedly at any given moment. If so, you want to make sure you can quickly isolate your non-essential expenses so you know for sure you can meet your essential expenses like payroll and utility bills.

5. Freelancers before full time.

This will always be a major business hack. If you are in need of a copywriter, delivery person or even personal assistant. Consider hiring a freelancer before hiring a full-time employee, ESPECIALLY when you’re just starting out.

How are your budgeting skills as an entrepreneur?

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15/06/2023

I can’t remember what I was doing at age 15 but it wasn’t this. 🤯

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14/06/2023

5 MUST HAVE entrepreneur skills.
⬇️ ⬇️⬇️

1. Basic Financial Skills.

Finance skills, such as budgeting and financial statement analysis and are necessary for running a business. Making a budget and sticking to it could be the difference between success and failure as an entrepreneur.

2. Networking.

As an entrepreneur, having a network will be one of your greatest assets. Financially successful people from Bezos to Bill Gates didn’t do it alone. You will benefit greatly from having a strong network. Some ways are encouragement when you get fearful and advice on investing or raising funds. If you aren’t a millionaire already, your network will impact 50% of the chance you become one.

3. Speaking Confidently.

The importance of speaking confidently as an entrepreneur can’t be overstated. When you speak with confidence, you convey your message with clarity which reaps, better results. Whether you’re ordering lunch or acquiring a 7 million dollar business, speak it with confidence.

4. Accepting Feedback.

To be a successful entrepreneur not only do you need to accept feedback, but be eager to act on it. When it comes to this skill, it also requires you to be humble. Whether you have an e-commerce business or a newsletter always have a system in place for you to receive feedback from your audience.

5. Maintaining a Growth Mindset.

A growth mindset, no matter how intelligent or able or talented you are is knowing you are always capable of improvement. People with a growth mindset are more likely to embrace challenges, persist in the face of obstacles and learn from criticism. They will almost ALWAYS reach their goal.

Do you have what it takes to be an entrepreneur? Let us know in the comments!

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14/06/2023

Are you in your 20’s? Well form these Rich Habits to get ahead of the game!

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14/06/2023

Quitting was never an option.

13/06/2023

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Not “Can I?” But, “How Can I?” 💡 Follow for more ➡️ @adultish.fyi DM for credit or removal (no copyright intended) All rights and credits reserved to the respective owner(s) . . . #entrepreneurship #entrepreneur #successformula #successlife

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Steve Harvey explains the law of attraction! Agreed? . . . #wealth #lawofattraction #thinkbig #entrpreneur

So much regret 😆 DM for credit or removal (no copyright intended) All rights and credits reserved to the respective owner(s) . . #entrepreneurship #entrepreneur #entrepreneurskills #motivated

THEIR LOSS. . . . #motivated #entrepreneurship #entrepreneur

Rich man > Poor man… Every MF Time. . . . #wealth #generatewealth #entrepreneur #entrepreneurship

Be the 1%. . . . #entrepreneurship #entrepreneur #wealth #wealthy

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