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Browse published articles attributed to Lalitha Brahma, with full-archive search.
When I ask depressed business owners how their business is doing, I get one of these answers: Business is going well and I am successful. As it is hectic, I get too tired and feel like a depressed business owner. Even though I started my business with great inspiration, as my health is not in good shape, I am losing the inspiration that I initially had.
Entrepreneur, is the one who assumes the responsibility and the risk for a business operation with the expectation of making a profit. It takes courage to be an Entrepreneur. To assume the responsibility and the risk for a business operation, he needs to learn to conquer fear. Conquering fear is not a RESULT, but a PROCESS. Here are the seven steps to conquer "fear of unknown". 1. Acknowledge that you do fear something. It could be in your personal or career or business life. 2. Identify the type of fear that you are you facing.
When my employer downsized and I first wanted to start my business, I wanted to consult a lawyer, because I had several questions coming up in my mind. I approached my friends, relatives and searched in the internet to locate a lawyer to answer my questions. I realized that my questions will have to be answered by lawyers in different areas of law. It was not feasible for me to hire each of those lawyers and seek consultation. It took me several hours of time and effort to come up with a solution.
Entrepreneur, is the one who assumes the responsibility and the risk for a business operation with the expectation of making a profit. It takes courage to be an Entrepreneur. To assume the responsibility and the risk for a business operation, he needs to learn to conquer fear. Conquering fear is not a RESULT, but a PROCESS. Here are the seven steps to conquer "fear of unknown". 1. Acknowledge that you do fear something. It could be in your personal or career or business life. 2. Identify the type of fear that you are you facing.
When I transitioned from and employee to an Entrepreneur, I felt very uncomfortable to set a financial goal, as I was afraid of not reaching the goal. When I was an employee, I was mentally programmed to get paid for the hours I worked. However, that is not the case for an entrepreneur. As entrepreneurs, we get paid for results, solving problems and our creativity. This fact reinforced my fear of not achieving the goal. Over a period of time, I discovered that it is OK to set a financial goal, but constantly keep these two things in mind while pursuing your financial goal:r
Personal time and the ability to plan daily in my opinion is a source of power that cannot be leveraged. I am writing this at 11 AM today. I will get to experience another 11AM and that will be ONLY tomorrow. I can never get back this same moment. If personal time is so precious, should we not use it to our best advantage? Planning daily is one of the best ways to use your personal time effectively. Every minute spent in planning saves as many as 12 minutes in execution
Have you ever provided your name and email address for receiving a Quote for Insurance OR Refinancing a Mortgage? Have you ever watched a FREE presentation/Webinar after providing your name and email address? Have you ever bought products online? If you answered YES, then I am sure you must have received a Follow up email to educate you the options available/promote their product or services/get your feedback about the product.r
Have you ever got excited about doing something and got stuck? It could be offering your expertise and charging for the same or selling your own product or someone else's product as an affiliate. The first question that comes up is What is the guarantee that my expertise/services/product will produce revenue? Will someone pay for my service? As soon as we ask ourselves this question, we get hung up from moving forward. I have been there several times. In fact as entrepreneurs, we experience this moment almost every day.
When disruption in daily life happens it can take a toll on the self employed/home based business owners/entrepreneurs. When I say that, I don't mean that people who go to office to work are not affected, but I wish to share my comments/observations as an entrepreneur.
Stop blaming economy and take complete responsibility for every thought you think and action you take. However much we may try, it is impossible for us to change any one or the, circumstances. Make a commitment to stop blaming economy, people and environment. The only thing that you have complete control is your THOUGHTS. This is easier said than done.
Questions That Come Up Before Taking Vacation As an Entrepreneur, have you ever put off taking vacation? Are you afraid of losing new clients? Are you afraid of losing revenue? Even if you did take vacation, do you feel guilty? When I first, transitioned from an Employee to an Entrepreneur, my answer to all these questions were "YES". It took a couple of years to understand my emotions and change my mindset.
I personally subscribe to ezines and newsletters relating to business and personal development. After reading the ezines and listening to David Riklan's (founder of self growth) teleseminar I understand that there are following five ways an Entrepreneur/Small business owner can benefit by publishing his own newsletter/ezine. 1. Create and Maintain Relationship with Customers/Prospects: It is very important that your customers and prospects are aware of on-going benefits of products/services that you offer. They also need to understand the VALUE and USE your products/services.
Have you ever put off taking action because of self doubt? Have you ever thought of writing an article or creating an audio that you wanted to, but did not do it because you thought that there is nothing great/significant in what you are delivering? Did you ever write down your monetary goal and made a list of what you wanted to do with the money and landed in one of the following situations? 1. You did not reach your monetary goal, but were able to accomplish everything written in your list.
Have You ever felt like building a list of your own prospects, but did not know where to start? I, sure have been there. I wanted to build my own list, but I put off doing it, because I thought it is not necessary and did not believe that MONEY is in the list. Why should you build your OWN list? As per my experience, there are four reasons. 1. To learn about your Target Market. Who are they? What do they want? How can you help them with their problems? What is their geographical location? 2. To Develop services/products using YOUR strengths/skills that benefit them. 3.
Have you ever provided your name and email address for receiving a Quote for Insurance OR Refinancing a Mortgage? Have you ever watched a FREE presentation/Webinar after providing your name and email address? Have you ever bought products online? If you answered YES, then I am sure you must have received a Follow up email to educate you the options available/promote their product or services/get your feedback about the product.r
Have you ever felt passionate about starting or expanding your own enterprise, but did not know where to start? Does your head and heart compete with each other to make a decision? Are you stuck and can't move forward? I sure have faced these challenges. Over a period, I have learned ways to monitor my emotions and thoughts and developed a technique that works for me. I have used this technique for making a decision to hire a service provider, do my daily business tasks, implement a new idea etc.
When I ask business owners how their business is doing, I get one of these answers: Business is going on well but I get too tired at the end of the day. My health is not in good shape and I am unable to devote much time to do my business. Do you fall in one of this category? If yes, then you ...
Follow-up may seem to be a boring topic for discussion, but in my personal, career and business experience, I have benefited immensely by making a simple follow up call or email or letter. One simple follow up email has helped my clients achieve phenomenal results, generated thousands of dollars ...
When I ask Small Business owners what they would look for, when hiring Atto eys, I get one of the following answers: I DON'T need an atto ey at this time. When I need an atto ey, I will think about it. Atto eys COST too much. The process of hiring an atto ey INTIMIDATES me. As a Small ...
Have you ever wondered, why your business is not picking up, even though you are working so hard? I sure have. I decided to read and get coaching on improving the efficiency of my business. There may be several ways to improve the efficiency of a business. Here are the five sure ways to improve ...
During the times of recession, by default, we are prompted to think and ask the following questions to ourselves. Everywhere I read and hear about recession. I have not made any money this month. I am afraid. I feel stuck. How can I run my business? I am not getting any new clients. No one ...
Personal time in my opinion is a source of power that cannot be leveraged. I am writing this at 11 AM today. I will only get to experience another 11AM and that will be tomorrow I can never get back this same moment. If personal time is so precious, should not we do what ever it takes to use it ...
As an entrepreneur it is very essential that you set your financial goal. A goal must be a ( SMART} one-S-specific, M-measurable, A-achievable, R-realistic and have a T-timeline. Let us say you set a goal of making $10000 in next two months. This is a SMART goal if you have at least made say ...
Cash flow is the lifeblood of a business. Hence it is essential for a business owner to always keep track of his finance. 1. Insufficient Resources/Capital As an entrepreneur it is natural to start a business with small investment called capital. It is OK to be conservative. However it is ...
Have you ever felt passionate about starting or expanding your own enterprise, but did not know where to start? Does your head and heart compete with each other to make a decision? Are you stuck and can't move forward? I sure have faced these challenges. Over a period, I have learned ways to ...
Have you ever got excited about a great business idea, but did not implement, as you had the Fear of failure? If you thought that way, you are not alone. Probably you were afraid to take the next step, because of the big risk you may have to take. One way to breakthrough Fear of failure in a ...
Creativity is generally associated with artists, painters and writers. However, to run a productive and profitable business, a business owner must be creative. First, as a business owner you must acknowledge your decision to operate your own business as a bold and creative step. However during ...
When I ask business owners why they are in business, I get one of these answers: I want to be my own boss and have freedom to do what I am PASSIONATE about. I want to have TIME freedom. I have excellent SKILLS and EXPERTISE. I can make more money in less time and do not want the employer to ...
Do you want to run your business with peace of mind? If your answer is Yes, then you must take the following SIMPLE five actions. 1. Allot 10-15 minutes to plan your day on paper. This process will free up your time and clear clutter from your mind. You will make decisions and take action ...
When I started my own business I had variety of emotional conflicts that prevented me from taking consistent action. I am sure you can relate to this feeling. My conversation with clients revealed that apart from having several fears, the following three types of fears impacted the business ...
When I ask Small Business owners what they would look for, when hiring Business Consultants, I get one of the following answers: My business is not very big at this time, to hire a Business Consultant. When I need a Business Consultant, I will think about it. The thought of hiring a Business ...
When I started my own business I had variety of emotional conflicts that prevented me from taking consistent action. I am sure you can relate to this feeling. My conversation with clients revealed that apart from having several fears, the following three types of fears impacted the business ...