How to Set up Your Business Structure as an Entrepreneur

So you are now an, Entrepreneur, and working for yourself! You are the Boss, the President and CEO! What do you do next?  The first decision to be made is figuring out what Business structure works best for you.

 

Entrepreneurship – What makes one throw in the employment towel? Why do, Entrepreneurs, give up the guaranteed paycheck every two weeks? Work 14 hour days, and sometimes not even pay themselves. Why? I think it is because we are passionate about what we do. When you are passionate about what you do, you would it for free!

“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.” –Steve Jobs, Co-Founder, Chairman and CEO, Apple

 

Is, Incorporation, or, Sole Proprietorship, the right structure? Are you “Minding your own business”? This is a term made popular by Robert Kawasaki in the book “Rich Dad, Poor Dad” and refers to the concept having regular employment while operating your own business on the side. Robert suggests that you have this dual employment status until your business on the side generates revenues equals your current pay check. This relieves the stress of supporting yourself and your family with revenues from a new business. Your Accountant can recommend the best structure for your company or you can refer to my self help start up guide “Minding your own business” available for download at www.shop.myhelps.us. Below is an excerpt from “Minding your own Business”

What New, Entrepreneurs, Need To Know:

As a new, entrepreneur, you need to know your federal Tax responsibilities. In addition to knowing about federal taxes, you need to make some basic business decisions. ​​​

What is the Form or Structure of your new Business?

The most common forms of business are the, sole proprietors, Corporations, Partnerships, LLC, and S Corporations.  When beginning a business, you must decide which form of business to use. Legal and tax considerations enter into this decision.

Sole Proprietorship: A, sole proprietorship, is an unincorporated, small business, that is owned by one individual. It is the simplest form of business organization to start and maintain. The business has no existence apart from you, the owner, entrepreneur,  Its liabilities are your personal liabilities. You undertake the risks of the business for all assets owned, whether or not used in the business. You include the income and expenses of the business on your personal tax return.

Corporations: In forming a corporation the, entrepreneur, and prospective shareholders exchange money, property, or both, for the corporation's capital stock. A corporation generally takes the same deductions as a, sole proprietorship, to figure its taxable income. A corporation can also take special deductions.  For federal income tax purposes, a C corporation is recognized as a separate taxpaying entity. A corporation conducts business, realizes net income or loss, pays taxes and distributes profits to shareholders. The profit of a corporation is taxed to the corporation when earned.

Limited liability Company: A limited liability company ,LLC, is an entity formed under state law by filing articles of organization as an, LLC. The members of an, LLC, and the, entrepreneur, are not personally liable for its debts. An, LLC, may be classified for federal income tax purposes as either a partnership, a corporation, or an entity disregarded as an entity separate from its owner by applying the rules in regulations.

S corporations: An S corporation is a, small business, with an eligible domestic corporation can avoid double taxation (once to the corporation and again to the shareholders) by electing to be treated as an S corporation. Generally, an S corporation is exempt from federal income tax other than tax on certain capital gains and passive income. On their tax returns, the S corporation's shareholders include their share of the corporation's separately stated items of income, deduction, loss, and credit, and their share of non separately stated income or loss.

Employer Identification Number, EIN, is used to identify the tax accounts of employers, certain, sole proprietors, corporations, partnerships, estates, trusts, and other entities.

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Some Other Considerations of your new, Entrepreneur, are:

  • Who are your customers?
  • How do you market to this select base?
  • What are my skills? What skills do I need to complete my team?
  • What is my vision? What is my plan to get there?

With the current state of the, economy, having a well-defined, target market, is more important than ever. No one can afford to target everyone. Small businesses, can effectively compete with large companies by targeting a niche market. Many businesses say they target “anyone interested in my services.” Some may say they target, entrepreneurs, homeowners, or stay-at-home moms. All of these targets are too general. Targeting a specific market does not mean that you have to exclude people that do not fit your criteria from buying from you. Rather, target marketing, allows you to focus your marketing dollars towards a specific, target market, and brand message on a specific, target market, that is more likely to buy from you than other markets. This is a much more affordable, efficient, and effective way to reach potential clients and generate business. For example, if you are a Florist, your customers could be anyone with a birthday or anniversary but you could decide to target the wedding market and put your marketing dollars towards that, target market.  With a clearly defined, target market, it is much easier to determine where and how to market your company.

 

Here are some tips to help the new, entrepreneur, define the, target market:

  • As an, entrepreneur, you must know your current customer base

Who are your current customers, and why do they buy from you? Look for common characteristics and interests. Which ones bring in the most business? It is very likely that other people like them could also benefit from your product/service.

  • An, entrepreneur, must check out the competition

Who are your competitors targeting? Who are their current customers? Understand why they are targeting this demographic and then try to become innovative and offer something different. You may also find a niche market that they are overlooking.

  • Choose Specific Demographics for your, target market.

Figure out not only who has a need for your product or service, but also who is most likely to buy it. Think about the following factors:

  1.  Age
  2. Location
  3. Gender
  4. Income level
  5. Education level
  6. Marital or family status
  7. Occupation
  8. Ethnic background
  9. The, entrepreneur, must consider the Psychographics of Your Target Customer

Psychographics for, Target Marketing:

  1.  Personality
  2. Attitudes
  3. Values
  4. Interests/hobbies
  5. Lifestyles
  6. Behavior
  7. Determine how your product or service will fit into your, target market, lifestyle.
  8. How and when will they use your product or service?
  9. What features are most appealing to them?
  10. What media do they turn to for information?
  11. Do they read the trade journals, search online, or attend particular events to choose suppliers?
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As an, entrepreneur, you must understand How Your Customers Think. Once you've decided on a, target market, be sure to consider these questions:

  • Will my target really benefit from my product/service?
  • Will they see a need for it?
  • Do I understand what drives my, target market, to make  decisions?
  • Can they afford my product/service?
  • Can I reach them with my message?
  • Are they easily accessible?

You may be asking, “How do I find out all this information?”

  • Try searching online for research others have done on your, target market.
  • Search for magazine articles and blogs that talk about your, target market.
  • Search for blogs and forums where people in your, target market, communicate their opinions.
  • Look for survey results, or consider conducting a survey of your own.
  • Ask your current customers for feedback.
  • What are my skills? What skills do I need to complete my team?

The In's and Out's of Entrepreneurship

In the early days of running your, entrepreneurship, as a new, entrepreneur, it's natural to try to do as much as possible yourself. It's the most cost-effective, comfortable, sensible way to do things in the beginning. But as your enterprise grows, you'll find yourself stretched thinner and thinner. Eventually, you'll find you just can't continue to oversee operations and sales and accounting and fulfillment and marketing–and hope to continue to grow your, small business. When you reach this point, it's time to think about bringing other high-level managers or team members on board to help you out.

You need to build a senior team that's able to manage all the critical areas of your business to take it to the next level. Building your team demands matching jobs to people's strengths. That means giving people responsibilities according to skill level, not based on how close a friend they are, or how closely related they are to you, or whether you just like their sunny personality. Become Conscious of your strengths and the areas you lack the necessary skills. Eg. Are you creative? Can you design your marketing or branding materials? Are you skilled in sales? If not you need a sales team.  When it comes time to hiring an executive team, you'll need to find people to fill the following roles:

Leadership roles in your Company

Chief Executive Officer (CEO). The fact of the matter is, the CEO is the boss of everyone and is responsible for everything. They determine the company's strategy. They hire and build the senior team. They make the final call on how resources get divvied up, and they're the one whose face appears on the press releases!.  The CEO's skills must include strategic thinking, the ability to rise above the daily details and decide where the industry and business are headed. They must then be able to decide the company's best route for navigating the future market conditions. They have to be able to make good bets.

Some of the best are Steve Job; Apple; Bill Gates, Microsoft; Jack Welsh, GE.

https://www.businessinsider.com/best-ceos-past-30-years-2011-7?op=1

The CEO's key skill, however, is in hiring and firing. The right management team can cover a CEO's shortcomings. A CEO may be able to set strategy, predict the future and control the budget, but if they don't hire the right team, they have to master it all themselves.

Chief Operating Officer (COO). A COO handles a company's complex operational details. Think about UPS moving three billion packages in the two weeks before Christmas: or think of a Florist delivering hundreds of flowers on Valentine day. The day after is too late! The company’s COO insures the business can deliver day after day. He figures out just what needs to be measured so he can tell if things are going well. Then his team creates the systems to track the measurements and takes action when the company isn't delivering.  As an Entrepreneur, you are probably the President, CEO and COO. If you just take orders and do no planning and measuring then you will remain an Entrepreneur.

Your vision should be to grow up and become an Enterprise!

 

President. A president oversees staff functions–human resources, finance and strategy–while the COO oversees daily operations. the president can also be a synonym for COO, especially in smaller companies.

Chief Financial Officer (CFO). Plain and simple, your CFO handles the money. They create budgets and financing strategies. They figure out if it's better for your business to lease or buy. Then they build the control systems that monitor your company's financial health. The CFO is the “bad guy” who won't let you buy that really cool videoconferencing equipment and makes you pay down a commercial loan instead. While you mope about it in your office, the CFO will be busy figuring out which customers, business lines and products are profitable, so next year you can afford the really cool videoconferencing equipment.

Chief Marketing Officer (CMO). Recently, companies have been bringing in a marketing expert at the C-level rather than as just a vice president. The reason is simple: Many current business battles are battles of marketing, so corporate strategy often hinges on a marketing strategy. The CMO owns the marketing strategy–and that often includes the sales strategy–and oversees its implementation. The CMO will know (or learn) your industry inside out and helps you position your product, differentiate it from your competitors' products, enlist distributors, and make sure customers learn to crave your product. Think of Apple and the new IPhone 6!

All business Live or Die with marketing. I heard a story once about a new magazine start-up Company that hired a sales person to go door to door and sell subscriptions to the magazine as their marketing plan. The magazine was a very good magazine but the business failed because the sales person (their only form of marketing) did not sell a single subscription in 6 months! I am marketing to you the reader of this Blog right now! Marketing can take many forms; but it is the blood of a business. Without it, your business dies.

Chief Technology Officer (CTO). A CTO should keep up with technology trends, integrate those trends into the company's strategy, and make sure the company keeps current when it's necessary. You need a CTO if technology impacts your business or industry strategically.

Entrepreneurship is about going for the things that are much bigger than what you could do alone. Your job isn't to reach the goal; it's to build a team that will reach the goal. If you really want to reach your goals, you'll need to bring on others to help, and creating a good executive team means knowing what you need them to do, finding good candidates, and giving them what they need to do their jobs. If you choose well, they'll be successful and make you successful as well.

Qualities of an Entrepreneur Leader

Vision – The Universal Energy behind your dreams

“Some believe there is nothing one man or one woman can do against the enormous array of the world's ills — against misery, against ignorance, or injustice and violence. Yet many of the world's great movements, of thought and action, have flowed from the work of a single man. A young monk began the Protestant reformation, a young general extended an empire from Macedonia to the borders of the earth, and a young woman reclaimed the territory of France. It was a young Italian explorer who discovered the New World, and 32 year old Thomas Jefferson who proclaimed that all men are created equal. ‘Give me a place to stand,’ said Archimedes, ‘and I will move the world.’ These men moved the world, and so can we all.”— Robert F. Kennedy

Pat Riley’s vision was to win a Championship for Miami. So he put together his team with his star players; Lebron James, Dwayne Wade and Chris Bosh. Then he needed supporting players, each with supporting skills. He also needed the right coaches! Vision, The right team and execution won him not One but Two Championships!!

Additional Resources 

https://www.squadhelp.com/business-name-generator

http://blog.myhelps.us/rich-wealthy-9010-rule/

Why Confidence Directly Impacts Your Success or Failure

 

 

 

 

Motivate Yourself with The Power of Positive Thinking

emotional intelligence

You can motivate yourself with the 3 P's Patience Persistence and Positivity.  Learn, how to motivate yourself, with the power of, positive thinking. 

Introduction to Positive Thinking

Synopsis of, Patience, Let's  say you are stranded in the woods. It is dark and it is cold. You need to make a fire to stay warm and to cook anything you can catch. You find a dry stick and a hollow branch and you set about rubbing the stick and the branch together feverishly. You keep this up, rubbing and blowing patiently hoping to create a spark that could be nursed into a fire. You keep rubbing, and blowing. You have all day and all night….. you have, positive thinking, because if you don't you will surely freeze to death.

Persistence, – When you get tired you take a short break and then you get back to work. You tell yourself, “The fire will start”.

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Positivity,  You believe the fire will start. You keep your, positivity, by telling  yourself “I will have fire, I will stay warm, I will have food to cook and eat”. You let none of the negative thoughts that pop into your head linger, you send them back immediately. Negative thoughts such as, you don't know how to a make fire, you are not a cave man, maybe the bush is wet and it will not light, you will die of hunger and cold because no one will find you.

No.. as soon as any of these thoughts come into your mind, you reject them and send them back!. You keep rubbing and blowing with increased vigor. You tell yourself “I shall live and not die”.

I use this vision to encourage myself when I am working hard and not seeing results. I need, patience, to keep on working hard knowing that one day I will succeed. I need, persistence,  to do it every day and, positivity, to believe that I will succeed one day.

You can do the same. Find an inspirational story and use it as your map. Some real life examples are Arnold Schwarzenegger and Sylvester Stallone. Arnold built his empire and muscles,

One bicep at a time.

Arnold had the, patience, and the, persistence, to stick with his dream of becoming a world champion and playing the part of Hercules in the United States of America. His, Patience, Persistence, and, Positivity, assured him success.

Sylvester Stallone had to sell his dog for $50.00 because he was starving; but he had, patience, to wait until someone offered him the starring role for the script for Rocky, Persistence,  to keep pedaling it to over 1500 studios in New York and the belief and, positivity,  that he will succeed…… and he did.

How to Motivate yourself

You make goals… but then you procrastinate.

You write a to-do list… but then you don’t follow through.

And this happens again and again and again. Seriously, what’s the problem?

You are not, motivated, So how do you, motivate, yourself?

Why are we so good at thinking of what to do; but so terrible at actually, motivate yourself, to actually doing those things?

Procrastination is a mood-management technique, albeit (like eating or taking drugs) a shortsighted one. But we’re most prone to it when we think it will actually help… Well, far and away the most procrastination occurred among the bad-mood students who believed their mood could be changed and who had access to fun distractions. Motivate, yourself so you can leave procrastination in the dust.

How to use, Patience, to, Motivate, Yourself

Meryl Streep on, Patience:

I no longer have, patience, for certain things, not because I’ve become arrogant, but simply because I reached a point in my life where I do not want to waste more time with what displeases me or hurts me.  I, motivate, myself by have a low threshold for time wasters. I have no, patience, for cynicism, excessive criticism and demands of any nature. I lost the will to please those who do not like me, to love those who do not love me and to smile at those who do not want to smile at me. I no longer spend a single minute on those who lie or want to manipulate.

I decided not to coexist anymore with pretense, hypocrisy, dishonesty and cheap praise. I do not tolerate selective erudition nor academic arrogance. I do not adjust either to popular gossiping. I hate conflict and comparisons. I believe in a world of opposites and that’s why I avoid people with rigid and inflexible personalities. In friendship I dislike the lack of loyalty and betrayal. I do not get along with those who do not know how to give a compliment or a word of encouragement. Exaggerations bore me and I have difficulty accepting those who do not like animals. And on top of everything I have no, patience, for anyone who does not deserve my, patience.”

The Power of Positive Thinking

The most famous work of Dr. Emoto was published in 1999 and is called ‘Messages from Water,’ which has sold millions of copies all over the world. In the book, Dr. Emoto explains in detail that what we say, feel, and what we listen to has an effect on water. The research clearly shows how the power of, positivity, can transform anything in our physical reality. He uses water as an example. Since human beings are made up primarily of water (60-75% depending on the source), water has a direct effect on us.

Dr. Emoto placed rice into three glass beakers and then fills the beakers with enough water to submerge the rice. To the first beaker, he states the phrase (in Japanese): “Thank you,” “You’re an idiot” to the second, and ignores the third.

A month later, the rice that was thanked fermented and gave a pleasant smell. The rice that was affronted turned black. Finally, the rice that was ignored began to rot. These depictions of the rice are clear in the video of the experiment.

In the end, Dr. Emoto is pictured explaining that how we treat children is especially important. According to Emoto, we should take special care in how we interact with them and ensure that attention is given. He explained that indifference does the greatest amount of harm, as demonstrated by the third beaker of rice in the video. It’s amazing how the jar with positive words was still white and fresh, when in our reality we would at least believe that it would definitely start to go bad. Amazing! That’s the power of, positivity, at work.

Additional Resources

http://blog.myhelps.us/principle-4-have-a-positive-mind-set/

http://blog.myhelps.us/program-positive-change/

 

5 Powerful Strategies to Achieve Any Goal

How to Set Strong Goals

Without a plan your, goals, are just a dreamThe most important ingredient for success is a plan!
A plan is usually the distinguishing feature in the success or failure of any, goal.

A study of 100 students in business school found that 66% of students that wrote a business plan succeeded in business even though the business plan was not an accurate accounting of where the business ended up. It seemed that just formulating a plan makes you succeed because it creates a visionary.

Here are 5 strategies to help you achieve your, goals:

1. Faith,  You must believe in yourself.

  • A dream or can inspire you and motivate you to action only if you Believe that you can make it happen.

Some don'ts:

  • Don't have a, plan B.
    When you have a, plan B, you are telling your subconscious that you don't believe that the plan “A” is going to work.
  • Don't tell yourself that your, goal, is not realistic. Just remember to reap where you plant.

“If you can think it you can achieve it” ~~Ophra Winfrey

  • Watch your self-talk and internal dialogue.
    Eg. Your, goal, is to be Regional Vice President Sales but; you tell yourself it will never happen because your boss does not like you. Whether that is a fact or not, you will never be promoted to Regional Vice President Sales until you replace that thought with a winning one.

 

  • 2. Clarity – Your , goals, must be clear.

    What do you want? What is your destination end? What is the vision?
    Would you like “Peace of mind?”
    Would you like “Financial freedom, and security?”
    Would you like “A higher quality of life for you and your family?”

It is not more money. It is not to own your own home your, goals, are what you are going to get from achieving these things.

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3. Jump in – Stop waiting for the right time.

  • Chris Gardner calls this “stop digging your potatoes”
    There is never a better time than the present.
    Don't wait until you have the time to upgrade your education.
    Don't wait until you are fired from the job you hate to look for a better one.
    Stop making excuses and jump in.

4. Understand your past to gain, clarity, for your, goals

  • Your past has valuable information about who you are and why you are. It is a storehouse of information.

“Those who cannot remember the past is bound to repeat it.”

It has evidence of where you get stuck, evidence of what you do when the going gets tough, which road do you choose, evidence of your beliefs.

Examine the movie of your life and understand the lessons this helps with self-mastery.
All experiences from your personal library are valuable to create self-awareness.

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5. Understand your Why. Why do you want to achieve this, goal.

  • Why do you want to leave a Legacy?
    Why would you like financial freedom?

It is the general belief that the organizing power of the Universe will help those whose, goals, are to serve humanity. Your Why should benefit others and not just yourself.

How to set Goals vs Objectives

Whether you're working on a team project or defining, goals, for an entire company, it's critical your employees are on the same page when it comes to terminology.

Goal setting, is different from objectives, often seem like two interchangeable phrases. “We have ambitious, goals, for the new year,” you might tell your marketing team, following up with, “Our objectives are aggressive, but entirely possible.”

When used in a marketing context, it's easy to misconstrue. To ensure efficiency and unity, then, it's vital your employees are up-to-date on the two terms you likely use when outlining your quarterly and yearly strategy.

Motivation for Goals is Purpose

Goals, are also different from purpose,  are almost similar and one could hardly come across any difference between the two at one glance. Purpose and, clarity, are interlinked, because purpose is the, motivation.  .

One of the main differences that can be seen between the two is in the time factor. People try to reach their achievements by setting deadlines. On the other hand, deadlines are not applicable in a purpose.

It can be called as the point one wishes to achieve. On the other hand, purpose can be called as the reason one aims at to achieve a goal. Unlike purposes, goals always go forward in a specific direction.

Purpose, which is all about direction, is that something that influences drive. Unlike dreams purpose is broader and deeper.

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Purpose is directly influenced by the values and beliefs one holds. Purpose is deeply rooted in a person. Unlike goals, purpose can b said to be central to human life.

Goals, and  purpose, can be measured whereas purpose cannot be measured. The end result can be seen whereas in purpose, it is not that visible. Achievement,  aims that a person seeks. It is that which one wants to accomplish. It involves the establishing of specific, realistic and attainable objectives.

Goals, have a specific target. On the other hand, Purpose does not have a specific aim. Goals, can be short term, long term or personal. However, a purpose cannot be short or long term but only pertains to something personal.

Purpose can be termed as a fundamental need of a human being, which gives a meaning to his actions.

https://www.quora.com/What-is-the-difference-between-aim-and-purpose

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Additional Resources

http://blog.myhelps.us/how-to-become-a-diamond-by-finding-your-purpose/

Can you recognize your failure symptoms?

 

 

Self love is the secret Out of the Snares of Child Abuse

Self Improvement Book: Out of the Snares

 

In her book ” Out of the Snares, Author Bernadette Trotman shares how, self love, can bring you out of the snares  of, poverty, addiction, child abuse and any other snare of the trapper.

The 9th Principle taught in my book “Out of the Snares, a story of hope and encouragement” is Love.
Love. This 4 letter word is so powerful! and, self love, is this love turned inside.
Love including, self love is  the most powerful force in the universe!
It can break the bonds of years, sometimes generations of, addictions, and, generational curses.

God's Love for Humanity

God's love, for humanity caused him to send his only begotten son Jesus to die for our sins so that we can have everlasting life.

A mother's love, for her child gives her superhuman strength, to save her child from death or injury.

The love we have for our wife and husband keeps off stress and diseases when that love is active and healthy.
You see when we are in the throes of our love experiences, we look at the world through rose colored glasses.
Everything is sunny. We stop to smell the roses.
Our hearts beat faster when our loved ones are near.

We ride the energy waves of this spiritual connection and in turn we feel energized, we smile and laugh more and we don't sweat the small stuff!

Research shows that this positive energy force cleanses our ethereal bodies and removes patches of stuck energies that can cause disease.

Get out of the Snares with Self Love

In my book “Out of the Snares” A story of hope and encouragement,
I share my encounters with love. These encounters have shaped my current world and allowed me to embrace love because I know from personal experiences how good it feels!

The energy of love combined with, sexual energy, is even more powerful!
When you transmute, sexual energy, for the person you love, you can create or imagine life changing books, companies and inventions that propel humanity forward!

But, it all starts with self-love.
Justin Bieber – Love Yourself (PURPOSE : The Movement)
https://www.youtube.com/watch?v=oyEuk8j8imI

You can't give away what you don't have.

In order for you to give love to another you must first have, self love, inside of you.
You have to love yourself, you have to love your world or the space you work and play in your world.

You have to love God, your creator.

When you have, self love, you gain, self confidence

Self-confidence is necessary for you to be successful in your career and in your business
Click the link below to hear a powerful story of how lack of self-confidence can ruin your world.
https://www.youtube.com/watch?v=8J1ECHTnc64

Love doesn't have to be the Notebook kind with grand gestures and sacrifice.
We love to watch movies like the Notebook about true love that never dies.
We are inspired by stories about Edward, Prince of Wales and Wallace Simpson and how he chose love over the throne; but most of us would settle for the simple acts of love.

This artist depicts these acts in her paintings so wonderfully and every couple should aspire to connect on this level.
• Who wouldn't love their spouse coming up and giving them a hug while they are cooking in the kitchen?
• Who wouldn't love their spouse watching chick flicks with them and enjoying it as much as they do?
• Who wouldn't love going out for ice cream and licking each other ice cream cones and stealing a kiss?
• Who wouldn't love just being in a room and just enjoying each other, laying on your husbands lap while you read a book?
• Who wouldn't like coming home and seeing your husband with a apron on in the kitchen cooking dinner?

Who wouldn't have, self love, after all this.

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Love shouldn't be only for your spouse, children, family and friends. Love should be for all relationships in and out of the workplace, with customers, suppliers, everyone!

Giving love and compassion to the people you work with yields immense, self love.

In his book “How to win Business and Influence Friends” by Tim Sanders, Chief solutions Officer at Yahoo calls this BizLove from, self love.
https://www.amazon.com/Love-Is-Killer-App-Influence/dp/1400046831

This book shows how to be a LoveCat at work.

Here are 5 ways to be a LoveCat at work with, self love:

1. Greet everyone who walks into your office or room with eye contact and a smile.
2. Hug your close associates or people you have a personal relationship at work.
3. Replace the word Hate with the word, self love, whenever you can and watch it transform the energy.
4. Read lots of books and offer the knowledge gained from these books to your co-workers to help them with projects, initiatives or difficult personal situations.
5. Start a book club at work and have everybody share cliff notes from the books read.

All in all, self love, is like a boomerang, it always comes back so give it freely.

It is like seeds that blow in the wind. It does not always come back from the people we choose to love; but it always comes back

Check out my chapter on Love in my book “Out of the Snares” A story of hope and encouragement.

https://www.amazon.com/dp/B013C71KHE

If you are an author and would like to be featured in this Blog, radio and podcast

Click this link to order your interview

Author Interview, Transform your mind podcast
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“Small Business, How to Mind your own business while working your day job”
Love yourself enough to start building your personal Brand.

Click here for more information

Small Business:How to Mind Your Own Business while Working your Day Job

Small Business: How to Mind your Own Business while working your day job
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Additional Resources

“About Myrna Young Life Coach”

 

How to love yourself

How to Accelerate Your Soul Journey: Clear these Money Blocks

Soul Journey

The purpose of the, soul, is to guide us to our purpose.  Every, soul, came into a body with a purpose. You can accelerate your, souls purpose, by clearing the, money blocks, you had from childhood.

Jennifer Longmore is a leading authority on, soul, purpose as well as an elite business coach to enlightened entrepreneurs. She is a sought after media personality, three times best-selling author and is known for her laser-like clarity on seeing into the depths of your, soul, for more than 15 years. She has served clients in permanently shifting their limiting beliefs and patterns that prevent them from being who they truly are, so they can accelerate their, souls, journey.

Listen to the full interview Here:

Myrna: I am excited to talk to you today, because I've been spending some conscious moments thinking of my, soul.

How Did you become a, soul, whisperer?

I grew up, I guess you could say prophetic.  I always knew things were going to happen before they happened. If the phone rang and someone said something, I was usually telling my parents 10-15 minutes before that so-and-so called and they said A, B and C, and then sure enough that person would call and say those things.

I guess you could say I am Claircognizant,  because I would just know that it was going to happen.  I couldn't tell you why I knew, in fact I didn't even know I was telling people anything they didn't know. That's actually how I went through school, freaking people out. I didn't know who to be. I would tell people things, and I would freak them out.  I'm also a truth teller and I do that with love. I definitely speak my mind, call out injustices and so on. I was kind of doubly offending people without realizing it.

Myrna: I like that word “truth teller”, we always say direct communicators – that's what I call myself; but truth teller sounds nicer.

Jennifer: It depends. I mean some people like it when they're ready to hear the truth. They like it  when you're telling them something they want to hear. It's usually around relationships I find where people don't particularly like the truth. They have questions like. I just met someone at a bar, is this my soul mate?

I knew from a very young age what my purpose was and was to help people on their, soul journey; but I also needed to feel safe enough and supportive enough to live with this gift.

Myrna: So you were born with a gift – the gift of being able to see things before it happened.  I'm thinking when I say the, soul, I'm using the traditional definition of it. I was listening to an audio book the other day and they said that there are different several names or labels for the, soul. some say the, subconscious, some call it the, super conscious; but it is the part of our non-physical that never dies. Is that what we're talking about when you say,  soul?

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Transform your Mind TuneIn Radio
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What is the Purpose of the, Soul?

Jennifer: Yes the, soul, we are referring to is our non physical or spiritual part of a human being that gives life to it.

Myrna: What do you think the purpose of the, soul, is?   You mentioned the fact that you were not connected to any religion. But every religion talks about the, soul,  because it's eternal. It's not tied to any religion.  How did you connect to your, soul? How did you bridge between connecting to the, soul, from what was happening to you?  Being able to know things before they happened?

Jennifer: I think the purpose of the, soul, is to guide us to our purpose.  Every, soul, came into a body with a purpose.  When I was younger,  I wouldn't have been able to tell you about my, soul.  My maternal grandfather was a psychic medium. He used to solve crimes for the police, and my mom's very intuitive. My dad was very intuitive. I think it's just we're all intuitive.

How does understanding your, soul purpose, help clients shift their limiting beliefs?

I think what's going on in the world right now, it's kind of hard not to feel really compelled to make sure that we are using our purpose to the fullest. I even consulted with my astrologer recently, and I said I want to make sure I use every ounce of my purpose that I came here to deliver. I want you to learn whatever I came here to learn. I want to be give back in whatever way I can. So I think even before the pandemic, we were spending our time asking does my life matter? Why am I here? Does my life have meaning?

So this is how I help my clients find their purpose and why they are here.  As a, soul, whisperer, I can see what they can't see.  I didn't plan on being a business coach when I first started. I was doing readings, I was teaching other people how to do readings. I was so successful because someone like me is always going to be successful.

What I came to realize is that most people, when they discover their, souls purpose, it is so unique that the best way to express it is through a business. The business is just the portal, it's just the gateway, it's just the vehicle to be able to share our gifts with the world and be compensated.

Once someone has a relationship with me and they trust me, I not only show them some of the different ways that they can express those gifts; but I help them with their mindset; because I feel mindset is a big reason why people don't have success.

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If you don't have the correct mindset, all the business plans in the world, all of the marketing and the Facebook ads, we still have this really sneaky way of sabotaging ourselves. I really  like reminding people what their potential is and then helping them find the easiest path to live their potential and express their potential in the world.

Myrna: That's beautiful because really if we were to tap into the, soul, it is limitless. That's one of the beautiful things about the, soul, or  super consciousness or your subconscious it's limitless. So tapping into it's potential is a good thing.

How to accelerate your, Souls, Journey by removing your, Money Blocks

You just mentioned mindsets and one of the questions I have here is about, money blocks. Let's combine the two. You said that you can teach somebody things and they can have all the strategy in the world; but if their mindset is limited or they have a belief that maybe money is evil or if they achieved success then they wouldn't be good parents. All kinds of, money blocks, are in their head. Are you able to see these, money blocks?

Jennifer: I can see it right away. Right away as soon as someone's talking to me. I'll have a client  describe their business to me and in 30 seconds, I can tell why they're not where they want to be. I don't know why it's just I've talked to so many people,  tens of thousands of people at this point. So it starts to become a pattern and we all have, money blocks.

We all have a money story, it's not about judging the money story, it's our goal to have a healthy money story.  You can have a healthy money story with a hundred dollars in the bank or you can have an unhealthy money story with a billion dollars in the bank. I've served a client who had 100 million dollars net worth and she was probably the biggest pain in the bum that I've worked with.

She didn't trust everyone, she felt everyone was out to screw her, everyone else was out to take her money. She had no peace. That's not financial freedom; if you don't have the peace with the money that you've worked so hard to accumulate.  I've talked with billionaires and they've said look, like I have money pains too, my money pains are just different because I've created a lot of jobs, a lot of people depend on me for their livelihood.

They tell me, I'm always worried that I'm going to drop the ball and I'm going to implode my business and then I'm going to be destitute and  500 other people are going to be without a job. So they just have different, money blocks.

Money is just a magnifier for what's already there. How do you have peace when you keep waiting for someone to come and take your money?  I had a colleague of mine who didn't pay her taxes for seven years. You're allowed up to seven years where I live not pay your Federal taxes before they start to audit you?  Not only did they come and audit her; but because they needed to audit her, they froze all of her accounts including her Stripe Account and her Paypal account.

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She had no money to access while they investigated her.  Her, money blocks, were so resistant to looking money in the eyes.  When we do taxes, we have to look money in the eyes. This is our biggest issue and most of us don't want to be in conversation with money.

We literally don't want to pull up a screen and see what's in our bank account. We don't want to see what's coming in or what's going out and when we're not willing to look money in the eyes, we can't have a healthy relationship with our money.

How to Clear your, Money Blocks

Most of us tend not do that and so every activity in our business that requires us to look money in the eyes like sending an invoice, receiving an invoice, chasing someone for money, paying for a room to rent, hiring a team member etc. There's so many conversations around money every single day in our business that if we don't learn how to look money in the eyes and treat it like a friend and act like it's a part of our dream team that wants to help our dreams come true, then we're going to be working way harder than we need to work.

Myrna: I love that one.

Treat, your money like part of your dream team!

I heard a financial analyst talking about, money blocks; but she was talking about, money blocks, based on things like when your mother said “money don't grow on trees”. You just got into detail of some really high level blocks about not being able to look at money, not being able to have a relationship with money, or look money in the eye that's really high level.

Even about when people are billionaires and they still have money issues; because now they have no peace. They think everybody is out to get them, so that is high level, money block.

So would you put, money blocks, and limiting beliefs in the same bucket or is it different?

I think the same blocks that we have around money would at the core of how worthy we feel.

  • How deserving do I feel?
  • Do I feel I can succeed in life and business?
  • We tend to take our, money blocks, cues from our parents. If our parents were working class or they struggled or they had a business and that business failed.
  • Sometimes we have a really hard time out-succeeding the people that are important to us, even our mentors. There are a lot of people that feel like it's disrespectful to out-grow their mentors.

What is the Souls Imprint?

Myrna: I was listening to a podcast recently and the founder of Mindvalley, his name is Vishen. He talked about coaching people on their, souls imprint. So is our, souls imprint, different from our, souls purpose?

I would say our, souls purpose,  is what did we come here to learn and do.

  • What did we come here to master?
  • What do we come here to contribute?
  • Our, souls imprint, might be worded something like what's our, soul, essence. Some people just carry this frequency of truth for example so they can't help it.  If there's shady stuff going on in a room or in a business or something like, their, souls imprint, can't let them ignore it.

I have had jobs that within the first month, I was able to pick out  whatever was out of integrity.  It would just come to the surface. My, souls imprint, had this way of vacuuming it out of the shadows. It's not like I was trying to reveal anything; I didn't even know it was there.

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How to shift your perceptions or, money blocks?

Well similar to the  looking money in the eyes, write a letter to yourself or your business.
Start like this – I love you; but stop what you are doing.  I'm not having any fun with you anymore.  Create an avatar of the person you are speaking to.  This person could be your dad or a parent who influenced your, money blocks.

My dad was always there physically; but he wasn't there emotionally which is not an uncommon experience for a lot of us; because men were taught to not be emotionally unavailable. After writing my letter, I had this huge epiphany like, oh my goodness, I am expecting my business to be like my dad!

I had no idea that my subconscious block was being projected onto the consciousness of my business; because everything has consciousness. Then I thought okay, well my business makes money so what would happen if I wrote a letter to money?  I did and the same thing revealed itself.  I realized money's always been there for me. I'll ask for it and it shows up for me.

Money is always there for me; but I don't feel connected to it.   My dad isn't always showing up when I write letters to money, sometimes it's someone that bullied me in my past. Sometimes it's a boss that I really hated, sometimes it's my mom.

It can be whoever is responsible for your, money blocks, because our body has a consciousness and our business has a consciousness.  This imprints on whatever we're unconsciously projecting onto it. So the only way we can shift our perceptions is to create a new relationship with money.  Become aware of the relationship we're already having with it, that we don't even know. Once we bring awareness to something, then we can heal and shift.

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How can readers get in touch with you for Business Coaching and, Soul Purpose, Sessions?

I don't do, soul purpose, sessions anymore; but I do offer that within business coaching . Readers can head over to my website  www.souljourneys.ca/soul, I have a FREE GIFT for your listeners and readers. It is a checklist of the nine most important questions to ask yourself to get in alignment with your, soul purpose.

Then I go much more deeply into the work that I do.  They can also connect with me by signing up for my daily inspirational emails.  I send little intuitive love bombs basically every day as an email when people sign up for that.

If you liked this content please subscribe to the Transform Your Mind podcast on iTunes, iHeart radio, Spotify,  YouTube, or wherever you listen to podcasts.  Please also post a review.

Additional Resources

How to Transform your Career with Purpose

A New Business Strategy: Increasing Your Capacity

https://greatergood.berkeley.edu/article/item/how_to_find_your_purpose_in_life

Funding Global Consciousness and Mental Awareness

Global consciousness

There have been thousands of research studies around the benefits of, consciousness, and, mindfulness.  That research is ongoing,  it's all about, mindfulness for stress reduction,  mindfulness for depression or anxiety.

My guest today is Charlie Hartwell, a Change Agent and Operating Partner at Bridge Builders Collaborative. Today we are going to be speaking on the topic “Funding the Global Movement towards, Consciousness, and Awareness”.

Listen to the Interview

Charlie is a Change Agent who shepherds ideas, resources and talent to drive global sustainable growth.  Passionate about transformation and innovation, he  is a leader who ignites teams to accomplish remarkable results.  Charlie is also a Harvard Business School graduate and has led various roles in 14 different industries over his career.

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Myrna – I know business school teaches you about business.  Why did you settle on the, consciousness, and mental awareness,  part of business?

Charlie – I have to say my wife got me into it.  You'll probably hear about my wife a lot on this interview. I describe her as the wisdom of our family.  My wife has been in the, consciousness, and, spirituality, space for 40 years, in various roles.  She was also involved with The Mind and Life Institute. The Mind and life Institute was founded by a Stanford MBA, a Chilean neuro scientist and the Dalai Lama and proves through science the benefits of contemplative practices like, mindfulness, consciousness, mental awareness, etc. The organization's started 40 years ago and my wife became involved about 14 or 15 years ago. She introduced me to the organization and the investors who started Bridge Builders Collaborative.  They wanted to understand the science behind, mindfulness, and mind training.  They needed someone to go out and find out whether there were investments for, consciousness, and, mental awareness, so they hired me to do that work for them; that was about nine years ago.

Myrna – Okay that's great! Okay so 40 years, that's a long time to be in the, consciousness, space.   Do you practice, mindfulness, yourself or are you just involved in the business aspect of it?

Charlie –  I would say yes, I practice, mindfulness.  I had my own experience, before starting this job.  I might even call it  my own awakening.  It caused a deepening of my own, consciousness, and  awareness.

There have been thousands of research studies around the benefits of, consciousness, and, mindfulness.  That research is ongoing,  it's all about, mindfulness for stress reduction,  mindfulness for depression or anxiety.  Mindfulness, has been studied around the world by leading institutions, and that is when it got to a point where we thought there was enough validation, that's really when entrepreneurs started to ask the question.  How can we take this, mindfulness, and conscious awareness and create a company out of it, and help bring it to more people in the world?

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Myrna –  Consciousness, and, mindfulness, are experiencing a Global Movement.  I was listening to, Sadhguru, on the School of Greatness Podcast and he was discussing his book Inner Engineering. So I went out and purchased, Sadhguru’s, book Inner Engineering and this morning on my morning walk, I started listening to this book. Just the first chapter of  Inner Engineering, blew me away. Sadhguru, talked about how he would go into a trance like state with his eyes open and sit there for hours. How he could feel his digestion! It was amazing.

Charlie why do you believe there's a global movement towards, consciousness, and, spirituality? We talked about the benefits of, mindfulness,  do you think that the East is coming to the West?

Charlie – First of all, I just want to say I love, Sadhguru. I owe him and I love the man very deeply.  Secondly my own perspective, I don't claim to be right on this; my own perspective is that there is such a level of stress and suffering in the world, that  Eastern practices like Buddhism are filling a need.  We have to reduce suffering, we have to reduce stress and anxiety, and, consciousness, and, mindfulness,  are tools that are coming to help people in the United States and around the world.  These, consciousness, tools help people to get more in touch with themselves.  To help them to connect more deeply to themselves and hopefully help them live happier, healthier  and more authentic lives.

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Transform your Mind Stitcher
Transform your Mind Stitcher

Myrna – That's was the first part of, Sadhguru’s,  book.  How to find joy. Sadhguru, made the comment that in the olden days, people were stressed because they were hungry and it was all about survival;  but once your belly is full, you should be happy because, that's usually the survival part of life. Sadhguru, went on to say that now that our bellies are full and we are the most privileged people in history, we are more unhappy and stressed than our ancestors!

Charlie – That’s where programs about stress reduction and, mindfulness, come into play.  It's a great endeavor to fund more of these companies, so that a lot more people can have access to these tools.  They won’t have to go to India, which is where the majority of these teachings originates, they can access these companies in the United States and that is where your company comes in.

Strategy for Funding Consciousness

Myrna – So, let's talk about what your strategy is to invest in companies by helping them allow people to go deeper into, consciousness, and mental awareness. Tell us about your company and how you help investors.

Charlie – When we make an investment, we try to add value to those investments in several different ways,  The first way is through what I would call counsel.  My partners and business leaders, who have led in many different industries, have start-up experience or have invested in many companies; so they have the wisdom to provide the entrepreneur with help that entrepreneur be more successful.

The second thing we do is because we are so connected in the space, we're the only investors that are solely focused on the, consciousness, and, mindfulness, space; so we know many of the world's leading spiritual teachers.  We also know many of the world's scientists, we are also connected into the healthcare system.  We're connected to other entrepreneurs and investors, so we add connections that help make introductions that help the entrepreneurs in several different ways.

Thirdly,  we've developed a really good reputation for being investors that not only care about making money; but we care about making an impact in the world. So, if we invest in someone, it adds to their credibility.

Finally our purpose is to provide capital or cash that helps the entrepreneur to hire people, do marketing campaigns,  build platforms etc. but that's the least important to us.

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Myrna – Well that's great! So, coaching, counseling,  you introduce them to the leading scientists, spiritual leaders like, Sadhguru, and then you provide cash. Nice, so how does someone find you?  Or how do you go about selecting the companies that you want to invest in?

Charlie – People tend to find us because we're known in this space.  Our website is BB collaborative  and we tend to use as a funnel and  our screening process.

Nine Steps to Funding a Consciousness Business

  • When somebody comes to me with a business idea, it's normally because they've started their business.
  • They've got their first customers.
  • They've got revenue coming in the door and we provide the growth capital. That’s what I look for.
  • Then we ask the question if our investors were to invest in this company, what is the impact that we can make on a global scale?
  • Next what’s the science behind the product? We try to do an assessment, if the science is good or where are the holes in the science.
  • We also look at the entrepreneur.  do an assessment if the entrepreneur themselves is conscious, if the entrepreneur is vulnerable and is willing to do their own personal work, is willing to let go of ego.
  • Are they skilled at running a business and being able to grow that business.
  • Is the product differentiated?  Is there a need for it?
  • Lastly we look at if we invest in this product, How much potential money can we make from it? How can the company be sustainable?  Can it provide returns on our capital? How much of a return can shareholder expect?

 

Myrna – I like what you said about wanting to know the science behind a project. Can you give me an example of one of your investments that would maybe fit this model?

Companies using Science to promote Global, Consciousness

Charlie – I'll give you a few different examples. I'm on the board of Muse Guided Meditations. I am passionate about that company.  We've been investors for seven years.  A lot of people have heard of a company called Headspace.  We were one of the early investors in Headspace. The company has done a great job of rebranding meditation and making it accessible to the modern world actually.  Sadhguru, is on the platform.

It's a global community of 7,000 spiritual teachers, musicians, scientists that meet on a platform community of sixteen million.  About five hundred thousand people use it every day.  What I like about this platform is that it's all free.  It's free content.  There are forty five thousand meditations that are available for free. You could subscribe if you want special features; but you never have to pay for the service and you can connect with the world's leading spiritual teachers and find content that suits either your spiritual tradition or the specific teacher that you want. It’s a very diverse group of teachers, 44 teachers are teaching in 44 different language and it's global.

I'll just mention you know another company called ‘Happify' which is kind of a behavioral health platform for, mindfulness, positive psychology, and cognitive behavioral therapy.  It’s an app and they kind of gamified the experience.  They're actually going through the FDA process to become a digital therapeutic program;  so that it can be prescribed by doctors and reimbursed by insurance companies. They are hoping  to be able to treat actual conditions without taking as many drugs.

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Myrna – So that's so that's beautiful! I'm definitely going to try Headspace.  I'm thinking that it's almost the same thing as Muse. No?

CharlieMuse is a hardware device where you could see your brainwaves.  It allows you to basically see whether you're in a calm or focused state.  It connects to your phone.  Headspace is more just like a meditation app,  it doesn't have a hardware component to it.

Myrna – As we wrap up the interview I'm curious to hear about how you started a non-profit in the slums or poverty-stricken areas of Nairobi Kenya that has served three to five million patients so far.  Can you tell us about that? Is that also part of the Global, consciousness, and, spirituality, movement?

Charlie – So, in 1986 I'd gotten out of college, I was traveling around the world. I was kind of working weird jobs and in remote places and the last place that I landed was in Nairobi, where I worked as a social worker for like three months.  I learned that I didn't like Social Work at all.  I wasn't good at it, and yet I became passionate about the continent of Africa. I wanted to do something to help create change, I knew it wasn't going to be through social work but, you know the best way I could think of to try to help people was to start a business.  I had a co-founder, a Kenyan who I co-founded the organization with and one other guy that I went to college with, and we started this organization called Provide international. It started as a child feeding program then we started a business loan program for women entrepreneurs, not necessarily in the, consciousness, or, mindfulness, space.

Then we discovered that what the community was asking for was a health care organization; so we started a health care organization.

  • They had the first maternity wards in any poverty-stricken areas of Africa that I know about, we had the first ambulance.
  • We had one of only two ambulances in the entire country of Kenya.
  • They had the first eye doctors and dentists in those areas. After 9 years, I decided to turn it over to the Kenyan, so they could run it themselves not have Americans overseeing them.

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Transform Your Mind iHeart Radio
iHeart Radio

 I went back you 30 years later for the anniversary and they had seven centers, they treated millions of patients.  They'd been very successful at helping to bring health care into the communities. I was proud of what they had accomplished.

Myrna – How can people find you to request funding?

Charlie – People can find me at you know on LinkedIn at Charlie Hartwell. I have a medium blog and  I write articles on,  mindfulness, and,  consciousness.

Myrna – All right so, I don't have anything more. I just wanted to thank you for coming on the show and expanding our, consciousness, on how we can possibly build our inner engineering with, mindfulness, and have a global impact in the world.  We start by changing ourselves first so, once we change ourselves or we change internally, then we can contribute to the global movement towards spirituality.

I want to invite you guys all to join my private Facebook group called ‘Life Coach’ and to remember to subscribe to the Transform your Mind Radio and Podcast, on iTunes or wherever you get your podcasts. You can now also watch the interview live on the Transform Your Mind YouTube channel.  Would love for you to subscribe.

Additional Resources

 

Seven Ways Spirituality Helps Fulfillment of Dreams

Life Leadership & Success