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What It Really Takes To Make A Million In Your Business

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(You can watch the video below)

So many of us have this goal to make a million in revenue in our businesses… I used to dream so much of reaching this milestone back in 2009.

This is when I created a challenge for myself called “Mission To Make A Million In 365 Days”.

And whilst I did reach the million mark a few years ago, that first challenge I set for myself was a total and utter fail, not because my ideas were bad, but because I was focusing on completely the wrong things.

It took me a few years from 2009 to figure out what it really takes to make a million, and it’s such an important shift that I think holds so many entrepreneurs from ever getting to that milestone.

So in this week’s episode I wanted to share with you my journey to making a million in my business and some key things I learned along the way that I know will be so helpful if this is a goal that’s on your list too.

In this episode I share with you:

  • What happened by day 65 of my “Mission To Make A Million In 365 Days” challenge and why I decided I needed to set myself a different challenge after that.
  • The discovery I made in 2011 about what it really takes to become a successful entrepreneur and the new challenge I set for myself with this shift in perspective.
  • The changes I made that helped me bring to life a business idea I had been mulling over for 3 years (that’s how FEA was born!).
  • The things we need to do every single day to become the person we need to be to create success.
  • The questions you really need to ask yourself as an entrepreneur and the commitments you need to make so that you can hit your financial goals.

I hope you love this episode and that it helps you to have a few A-HA moments!

I also wanted to let you know that I’m doing my final live workshop before the baby arrives and I’d LOVE to invite you to join me for it!

Click here to sign up for this workshop >>>

She Means Business Workshop

 

In this workshop I’ll be sharing:

  • The 6 BEST ways to make money online – that everyone can take advantage of!
  • We’ll be identifying what stage of the business journey you’re at and what steps to take: are you The Dreamer, The Starter, The Hustler, The Grower, The Scaler or The Visionary?
  • How I was able to go from being a dreamer to building a million-dollar business – the core steps that got me here and how you can do it too.
  • The fundamental things you need to be doing every day (that most people don’t even think about) to break through and create the success you want.

The post What It Really Takes To Make A Million In Your Business appeared first on Female Entrepreneur Association.



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#1948 How to teach your kids to build their own businesses

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Joining me as somebody who I’ve been talking to via email for a while, and I’ve wanted to have on here and I’m so excited that he said yes to an interview.
So many entrepreneurs that I’ve interviewed had little businesses when they were kids. They’re usually so freaking proud of then that they can’t stop telling my producers about it. But so many of the stories ended with the business getting shut down by the school, by a teacher, or by the principal.
Well, today’s guest said, “What if we create a way to encourage kids to sell and create businesses? We’ll teach them how to do it and we give them everything that they need.”
Scott Donnell is the founder of MyFirstSale, which gives kids the life skills and confidence
to sell their products in a safe, friendly online environment.
For a special listener discount, you can go to MyFirstSale.com/Andrew or hapbee.com/Andrew to see more.

Scott Donnell is the founder of MyFirstSale and Hapbee, a wearable device that allows people to pick the feelings they want to express, like happiness, calm and sleepiness.

Mixergy listeners can get the following promos:
www.myfirstsale.com/andrew ($20 off Sign Up)
www.hapbee.com/andrew (Indiegogo discount)

Sponsored by

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More interviews -> https://mixergy.com/moreint
Rate this interview -> https://mixergy.com/rateint



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Why You Don’t Need A Qualification To Build A Business

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(Or you can watch the video version below)

Over the past few years of working with thousands of female entrepreneurs I’ve noticed something that holds back so many people with amazing ideas: feeling like they need a specific qualification to start the business they dream of.

If this sounds familiar, I want you to know that I understand exactly how you feel.

Before I started FEA, I sat on the idea for 3 whole years because I kept thinking to myself, “Who am I to create this?!” and “Who will take me seriously if I have no business qualifications!”.

I wasted so much time hanging on to this false belief before I finally plucked up the courage to get out of my own way and take the leap anyway.

I don’t want that to happen to you! I want you to recognize that you don’t need a qualification to share your experiences, your skills, talents, passion and expertise.

So in this episode, I want to share with you:

  • What I DID have instead of a qualification, that was so much more important to help me build my business.
  • How my friend Allie Casazza built a hugely successful 7-figure business with no qualifications (You can listen to that episode right here).
  • The impostor syndrome I felt while writing my first book (and how this fear came up again now that I’m thinking of writing a 2nd book!).
  • Why your experiences and skills are just as valid as any qualification and how to use them to create a valuable offer. 
  • My best tips to help you build your confidence and go for your dreams if not having a qualification has been holding you back.

As a bit of fun, we’ve created an FEA certificate you can download, print out and put on your wall to remind yourself that you are qualified and you are absolutely good enough – we believe in you!

Download your FEA qualification certificate here >>

 

If you’ve been holding yourself back from going after your dreams because you don’t have a specific qualification – definitely leave me a comment below and let me know! 

And if you’d like more support with starting your business, I’ve got just the thing to help you – a brand new course I’m creating called Create & Sell! Join the waitlist now to be the first to hear more…

In it, I’m going to teach you how to take your knowledge, expertise and passion and turn it into a valuable offer that you can sell! Brand new course by Carrie Green

The post Why You Don’t Need A Qualification To Build A Business appeared first on Female Entrepreneur Association.



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BAME Business: Finding Business Success as an Asian Female in the UK

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by Dr Priyanka Chadha

The route to business success is not an easy one; requiring dedication, hard work, and a fierce entrepreneurial spirit. Forging this path as women, especially women of Black Asian or Minority Ethnicity (BAME) origin is an even trickier endeavor, but not for lack of the aforementioned qualities. BAME women are grossly underrepresented in higher level positions across many industries and often face socio-economic barriers as well as battle stereotypes – alongside any cultural and/or social discrimination served to them for existing as women. Whilst research into the UK business enterprise is woefully limited in relation to gender and race, it is widely recognized that BAME people are disadvantaged and BAME women even more so. A 2018 study by the Office for National Statistics into ethnicity pay gaps in Britain found that workers of ethnic minority in London earnt 21.7% less than their white peers. The data was not disaggregated to interrogate BAME women stats specifically (yet another example of the ever-prevalent gender data gap) but given what we know about pay inequalities relative to gender – the figures are disheartening.

 

What are the barriers?

Many women look to build their own businesses as a result of hitting the well documented ‘glass ceiling’. This presents as a lack of opportunity to progress within their career, a gender pay gap, and a sparsity of support and mentorship from their seniors, among other general issues such as the penalization of mothers, less than full time workers, or those with caring responsibilities. These issues are found to be particularly prevalent for BAME women, where disadvantages connected to gender and race intersect to stifle the advancement of their careers and prospects.

However, in practice, conceiving, building, launching and managing a business presents its own set of challenges unique to BAME women. For starters, they are more likely to have difficulty accessing formal financial support and investment. A study by Diversity VC found that 65% of London Venture Capital funds have all-male decision-making teams, with Asian and Black venture capitalists significantly underrepresented. This was proven to directly impact the success of a female founder seeking capital. Additionally, there is a lack of BAME female role models to look up to during childhood and education, and limited provision of mentorship and entrepreneurial guidance focused on the particular social and economic obstacles of BAME women.

 

Fighting Conformity

Whilst reflecting on the situation makes for bleak reading, all is not lost. Many BAME women are enjoying great success across various industries, including within their own start-up businesses or self-employed enterprises. Rupa Ganatra, co-founder of global event management company Millennial 20/20 speaking at an Asian Business Association Women in Business networking event, advised aspiring entrepreneurs not to be afraid to move out of their comfort zones, and to build their networks before they need them.

Rupal Patel, director and founder of the Orcha Group media agency has spoken of her longstanding passion for entrepreneurship – saying she knew she always wanted to have her own business. Although recognizing the pool of Asian women in business is still small, Patel believes there are opportunities – if you look for them. “There’s a lot of help out there but I have found people just don’t know what support is available to them. A critical factor to increase the number of Asian women entrepreneurs is ensuring this support reaches individuals who would like to have their own business but haven’t yet taken the steps to realize the dream.” She speaks unequivocally on the invaluable role of mentorship for Asian female entrepreneurs, encouraging this be sought early. “There are more people who want to help you than want to hold you back”, she says.

Other general advice for BAME women seeking business success includes ensuring you attend relevant industry events and participate in member organizations, continually invest in your professional development, and ensure the work you are doing adds value to your industry and its growth.

 

Looking forward

As a top-ranking Plastic Surgery Registrar for the NHS and director and co-founder of a successful aesthetics training academy, I am no stranger to hard work, long hours, and the many sacrifices that come with success. The barriers for BAME women and women in general are very real, but it is imperative we hold a steadfast self-belief and ensure we are ready to take a seat at the table; partaking in the conversation and showing the way for the up-and-coming BAME women entrepreneurs who are waiting in the wings.

Though there is still so much room for improvement, equality between the sexes is moving slowly in the right direction and recent events have shaken the world; sparking a reignition of the Black Lives Matter movement and increasing awareness around systemic and institutional discrimination of BAME people. Acquisition Aesthetics is proud to host an outstanding surgical-led faculty of medical professionals, over 60% of whom are BAME women who also operate their own successful business ventures. We will continue to collaborate with high-calibre professionals who uplift our academy and bring diversity and excellence to our team and the aesthetics realm as a whole and hope to launch an all-inclusive mentoring program in the near future.

 

 

By Dr Priyanka Chadha MBBS (Lond), BSc (Hons)’ DPMSA (Lond). MRCS (Eng), MSc (Lond); co-founder and Director of Acquisition Aesthetics.

 

 

 

 

 

 

 

The post BAME Business: Finding Business Success as an Asian Female in the UK appeared first on She Owns It.



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