Lost Your Life? Thrive! TV Tips

Lost Your Life? Thrive! TV Tips

Yes, I know it’s there somewhere but chances are if you are running your own business, you may feel as if you have LOST YOUR LIFE Does this sound familiar – you are sitting on the coach for some relaxing time with the family but in reality, you have your tablet on your lap, and you are doing your social media, checking your email? So work creeps in, again. Or it’s Sunday morning, and instead of relaxing, making coffee and catching up on the papers, you are catching up on writing a report that is due in Monday. So if you feel that you don’t know where work ends and your personal life begins I recommend that you start to create some simple boundaries and stick to them. Remember it is you who controls your diary and ultimately your time. You are the one in charge of you! Too often we forget this in the rush of our lives. And if we feel like we are working all the time, we never get a real chance to recuperate, rest and feel rejuvenated for the next working day. So if you want to get rejuvenated, try these actions   Set a start time for work everyday – and your brain will thank you for it, if it’s the same time every day Finish work at the same time every day Doing this will make you feel like you have control over your working day, encourage you to put down those devices and reconnect with your personal time.   Would you like a weekly burst of momentum delivered straight into your...
When Do You Send Out The Bailiffs? Thrive TV Tips

When Do You Send Out The Bailiffs? Thrive TV Tips

Are Bad Debts Ruining Your Cash Flow? [new_line] Do you resent those clients who aren’t paying you on time, especially when you have spent late nights getting your work done on time or getting their delivery to them it doesn’t seem fair.[new_line] A poor and mismanaged cash flow is a disaster for any business. When you run out of cash, you can’t pay your suppliers or your staff and you have to borrow money. This can be an expensive option.[new_line] Instead of getting bitter and twisted about it, not to mention extremely worried, use this system to manage your cash flow and start to feel in control of your debtors.[new_line] 1. Create an Invoice Due Date:[new_line] Put it on your invoice. Maybe its 14 days, or 30 days, it is up to you. But you need to decide and then place it clearly on your invoice.[new_line] 2. Set yourself three reminders in your calendar:[new_line] i) 2 days before it is due ii) the due date iii) 5 days after the due date [new_line] 3. Use the reminders like this:[new_line] i) 2 days before hand – check if it has been paid[new_line] If it has – great! If not, send them a reminder that the invoice is due on ‘x’ date, and that you are looking forward to their prompt payment.[new_line] ii) On the due date – check again if it has been paid[new_line] Fab if it has, you might even want to thank them. If it hasn’t been paid send them an email reminder requesting payment within 5 days.[new_line] iii) 5 days after the due date – check again[new_line]...
Are you one of the 68%? Thrive! TV Tips

Are you one of the 68%? Thrive! TV Tips

Are you one of the 68% of women who are making less in their bushiness than when they had a job? Yep, last year I did some research amongst corporate crossovers and I discovered that 68% of them are making less in their new business than in their last job… 68%. I think this is a crying shame and it is my mission in Corporate Crossovers to bring this number down. So why is it so high? And how can you be sure not to be in the mix?   Your Action: Firstly, set goals for your business. If you don’t have a financial target for your business, you will never reach it. That may sound obvious but so many business owners I meet don’t have financial targets and so they are just glad to cover their expenses and get by. Then, track your income every day! Look at how much money you have made each day versus your monthly target. I do this and I credit it with being the key factor to doubling my business revenue in one year. Why did it work? Every day, I look at my financial goals and then think about how much I have earned. I compare the two and it motivates me to keep selling and focus on the numbers. This simple little task takes 2 or 3 minutes at the end of the day and you will start to feel empowered and proud of the income you generate each day. And I know, that over time, with that level of focus on your financial goal, you will reach it.  ...
Kill Your Dead Time – Thrive! TV Tips

Kill Your Dead Time – Thrive! TV Tips

I have never met a bored business owner We all have growing to do lists, and not enough time to do them. We are always busy and want to have more than 24 hours in a day. So much time can be wasted by switching between different types of tasks and by commuting times to meeting. This is dead time. Because, not only does your brain need to switch a gear when you are transitioning between tasks, but you also need to shift your energy. And lets be honest, sometimes we struggle to find the energy to create, and other times we can’t stop ourselves. Or maybe you are an early morning person and that I the best time for you to create or to crunch numbers. Personally, I love to write in the morning. I have a clear head, my mind is free, the house is quiet and I can write… but in the late afternoon, it is much harder. So if you want to be more productive – kill your dead time now! Start to observe when the best time of day is for you, or even which day in the week to do certain tasks on. Start to schedule all the similar activities that match your energy flow the best and see what difference it makes. So it might be that you have Monday mornings for writing proposals and research, Monday afternoon for email processing, Tuesday for client meetings etc. Your Action:   Start to notice how you feel about doing certain tasks on certain days and times. Then devise a new schedule that more closely...
Phobic About Finance? Thrive! TV Tips

Phobic About Finance? Thrive! TV Tips

Do your numbers scare you? Are you phobic about finance? Could you tell me how much your business earned last month, last week or even last year? If you are only looking at your business finances at tax time, you are not running a business but you are running an expensive hobby. The more we know about the numbers in the business, the more we understand about it. I know that the thought of getting out the bank statements and checking them against invoices and receipts can seem like a terrible job, but if you are to know the health of your business it is essential. Hiding away form the numbers will probably leave you feeling worse about your business than you need to. I know from the experience of my clients, that they often think their financial situation is much worse than it really is. So you need to embrace the numbers and do it frequently. Leaving it all to tax time means you are already out of date by the time you get them.   Your Action: Here are some easy steps to take to get up to date with your numbers: Block out an afternoon in your diary Gather all of your bank statements and receipts On a big piece of paper or a spreadsheet, enter all of the money that came in each month. Add that up, as that is your income. Then underneath that all of your receipts, debit card and credit card bills and put those in each month – that is your expenses. Simply take away the expenses from your income, and...
In The Doldrums With Your Business? Thrive! TV Tips

In The Doldrums With Your Business? Thrive! TV Tips

Do you feel a bit deflated and in the doldrums about your business? Have you lost that original shine of why you started the business in the first place? Chances are you have lost sight of where you want to take your business and you feel stuck, lack luster, that your hard work is making NO difference and you are having no impact. The simplest way to get your mojo back is to reconnect with the future success of your business. Imagine your business is as successful as you want it to be – wouldn’t you be excited about it then? Wouldn’t it make the hard work worth it? It sounds easy to talk about it, but I know from my own experience when you are in the doldrums it’s hard to feel the love! So if you want to reconnect and start to fall in love with your business again, try these 3 simple steps: Create a vision board – a beautiful vision board that is evocative with lots of yummy images on it that represents how you want your business to be in 5 years. Create a set of goals –that will bring you closer to the vision in the next 12 months. Look at your vision board and goals – do this EVERY DAY. Looking at your board everyday will reinforce the big reason why you are doing this business, and then give you some tangible goals to go after. You will remember why you are doing it and engage with the impact you want to make in the world. Your Action:   Vision board 3...
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