11 Lessons from a Street-Smart Entrepreneur

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As a budding entrepreneur, I’ve made many mistakes; Some of which could have possibly been avoided had I read more books and gathered more information beforehand. Thankfully, it’s almost never too late to learn, grow and achieve your entrepreneurial goals. Having started reading and loving the learning experience, I want to share 11 lessons from one of the books I read earlier this year- “The Street-Smart Entrepreneur” by Jay Goltz. 

1. Take inventory of your assets and leverage them. If you’ve got it, use it, even if it’s just a great smile.

2. A healthy business starts with a healthy body. Your health is your best long term investment. Taking care of your health is one job you can’t delegate.

3. Get rid of employees who continually challenge your company’s standards.

4. Long term relationships are easy to get into and hard to get out of. Choose your partners carefully and always have an escape clause.

5. Motivation without education leads to frustration.

6. Screw ups happen when you delegate authority but deal with them. Don’t stop delegating.

7. A Litmus test – Ask yourself how you would feel if a given employee told you today that he/she was leaving. If you wouldn’t feel sorry to lose that employee, he/she probably should be off the payroll.

8. Continually ask yourself, “What’s the most important thing for my company right now, and how can I best leverage my abilities in the service of my company?”

9. Stop being so gullible. People lie. Fullstop.

10. Take time to read – Business magazines, books, articles, audiotapes.

11. Companies that have great customer service have great customer service training. SAVE is an easy way to remember how to deal with customer complaints.

S- ympathize- let them know you care and understand

A- ct- do something to resolve the problem

V-indicate – let customers know it’s not normal to make that kind of mistake

E-at -bare some of the expense or loss to redeem situation so as to make the customer happy and save company from losing a customer.

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Thanks for reading. I hope at least one of these lessons resonated with you. Please follow and SUBSCRIBE to my blog and get updated when there’s a new post by clicking the ‘subscribe’ button on the page.

Love & Blessings,

Queen Stacia.

Follow the blog IG: @naturaliconbeauty

Personal IG: @staciadavidson

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10 Lessons From Six-Figure Women

One of the the goals that I’ve set for myself for 2016 is to read at least 24 books for the year. Most of the books that I will read will cover the areas of Personal Development, Relationships, Black History and Empowerment and Business, Entrepreneurial and Financial Knowledge. I’m going to use this medium as a means of sharing any note-worthy points or lessons from my readings. My hope is that it will inspire you peak your interest and inspire you to up your reading game. The first book that I read was the “Secrets of Six-Figure Women” by Barbara Stanny.

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Here are 10 lessons from six-figure women that I wish to share with you:

1. Working hard doesn’t mean working all the time. The critical factor is not the number of hours as much as the intensity of focus

2. Focus on fulfilling your values rather than just financial gain.

3. “If making money is the goal, you’ll never make enough to be happy. You’ll always want more. A lot of people fall into this trap and never find happiness because they’re always chasing dollars.” – Traci Jardins

4. Sometimes the real reason behind our denial is that we are afraid. An admission of truth makes us accountable to change.

5. Inherent in every intention is the mechanics for it’s fulfillment. Strong intentions have been known to produce sheer miracles. When an implicit desire- say, to be comfortable- is stronger than your spoken intention- to be profitable- you’ll stop yourself at every turn.You may say, and believe, you want to make more, but that’s not the message that’s reaching your brain. if you want to know what your strongest intention is regarding money, look at your life. if cash flow is a problem, if your job pays too little, if prosperity remains elusive, if you cant seem to find the time to do what it takes, then either you have not set an intention or you actually intend not to be financially successful. No decision, after all, is a decision.

6. “There are two games in life. The one most of us are playing, called Not to Lose, is an avoidance game. We’re so afraid of taking risks, looking bad, that we never really win.” –Larry Wilson The desire to avoid fear (whether it’s fear of rejection or disapproval, of success or of failure) is what keeps most of us in the Not to Lose game.

7. There’s a strong tendency when fear and stress come up to slip back to what feels safe, into the game of Not to Lose. The whole key to this strategy is to recognize, as quickly as possible, that you’re playing to be safe and not to succeed.

8. Asking for more is an act of self-love. Saying no is a show of self-respect. Refusing to settle is a statement of self-worth. And walking away is a sign of self-trust. Whenever you stand up for what you want, whenever you refuse to take less than what you deserve, you reinforce your self-love, self-respect, self-worth, and self-trust. In time, you’ll begin to notice a shift in how you feel about yourself. Speaking up becomes not something you should do,but something you have to do-because you know in your heart you’re worth it.

9. Declare an intention to attract supportive people in your life and be willing to let go of those who aren’t.

10. Go as far as you can using all that you’ve got.

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Thanks for reading. I hope at least one of these lessons resonated with you. Please follow and SUBSCRIBE to my blog and get updated when there’s a new post by clicking the ‘subscribe’ button on the page.

Love & Blessings,

Queen Stacia.

Follow the blog IG: @naturaliconbeauty

Personal IG: @staciadavidson

Like me on Facebook: Click Here.