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Archives for November 2012

Knowing vs. Doing

November 28, 2012 Personal Development by Kelly Leave a Comment

In this third video in the training series I share the difference between knowing something and doing it. Get Video 1 How Much is Over Giving Costing You? here and Video 2 What Triggers Over Giving?

In this video you’ll learn:

When it’s easy to say no to a request
Do you know how to say no?
Listen to what you know is right by saying no to doing free work
Why we don’t always appreciate what we get free
How to get committed clients who are invested in the process
The most difficult part of knowing what to do
Do you know what to say when you’re asked to do free work
How do you present your boundaries in a respectful way?
Creating consistent boundaries and when to make exceptions
 


 

Action Step: If you KNOW that you shouldn’t be over giving but are not stopping it from happening in your business then now is the time to act.

What Triggers Over Giving?

November 27, 2012 Personal Development by Kelly 1 Comment

Welcome to the second video training on over giving – if you missed the first video on How Much Is Over Giving Costing You? check it out by clicking the link.

In this video I share some of the most common triggers that lead to over giving so you can recognize when you’re being asked to do free work.

Learn:

How we trigger the pattern of over giving
The words that we hear
Are trades over giving?
How other people’s desperation can be manipulative

Assignment: Write down the triggers that happen to you and even the people who make these requests for free time, advice or services.

What words or phrases trigger you when you hear them? Share here in the comments.

 

How Much is Over-Giving Costing You?

November 26, 2012 Personal Development by Kelly Leave a Comment

In this first training video learn how over-giving can cost you thousands of dollars each week. In the video you’ll discover:

*How giving away free time sneaks up you on during the week

*Get clear on when you do work for free (happily) and when you set the boundaries for working with you as a paid client

*How much could you be making if you stopped doing free work and got paid for your brilliance?

*Recognize when you’re giving away time and why you need to set boundaries


Assignment: Open up your calendar and find time that benefited someone else that was unpaid. Then calculate how much that choice is costing you.

Example:

2 hours on social media weekly, 90 min on the phone with a friend, 90 min doing research for past clients (unpaid) = Average per week : 5 hours

Highest hourly package rate = $100, let’s also use $70 which may be your most common hourly package

Costs: $350-$500 a week, $18,200-$26,000 per year.

Do your own calculations and find out how much you’re giving up by giving away “just a few hours” for free. Remember, even if you’re not using those 5 hours to serve clients you could be improving your expertise, doing more marketing, making your programs even better and converting clients with that time.

How much additional income could you be making with principles and boundaries learned in the Giver’s Guide Workshop?

Are You An Over-Giver?

November 19, 2012 Personal Development by Kelly Leave a Comment

Often we think of giving as a good thing but what happens when it crosses the line into over giving? Recently I was thinking about how we use our time and boiled work time down to a few categories:

Creating : When you’re creating it is the time when you feel aligned, “in the zone” and your most creative self. For some people it’s photography or creating art, for others it’s copy writing, web design, business coaching, or cooking. This creating time may be directly linked to serving clients (commissioned time) or simply developing the programs, content and products that are meant to serve others.

Serving : this time is dedicated to delivering what you’ve created. It could mean teaching a class or setting up products in a shop or the actual in person (or on the phone) coaching time. Service is critical if you’re going to stay in business, because while you can create endlessly, it’s a solo exercise. Serving brings in the customer or clients who benefit from your creations.

Doing : When you’re “doing” this encompasses all the other things that surround our work lives. It could be marketing, admin, email, setting up calls, working on a shopping cart, all the things that have to get done in order to create and serve our work. It may seem as if this is the least important but these are tasks that must be completed if that which you’re creating is going to reach the people you’re serving.

As I’ve worked with so many entrepreneurs I see a few common dangers  as people work around these three archetypes which occur when things are out of balance. One of these problems is when you’re focused on serving but are not charging.

The over giver is a person who loves to serve and is so impassioned about what they’ve created that most of the time is spent sharing it with anyone who will listen. Sometimes this person is so intent on giving that they can’t tell the other party isn’t interested or that someone is taking advantage of their generosity and excitement. The over giver is also getting frustrated because while you know that you have created something of value, others aren’t paying what it’s worth.

The over giver constantly gives too much and struggles with finances, feelings of self worth and balance.

I’ve seen real and wonderful people break down in tears admitting, “if I don’t give this [help, product, time] then people won’t like me anymore.” And as much as we fight it there’s a little of that fear in all of us.

Over giving usually begins with the best of intentions as we create something that we think is valuable for others. We may mean for it to be a lead generation tool, a taste of what we can do or something to drive traffic and sales. Maybe you’re creating something for sale but lose heart when it comes to selling and end up giving away the program for free (or trade).

Or maybe you get asked over and over for advice and consultations and can’t say no because at least someone is interested!

Whatever the reason, the damages are the same and very real. By over-giving you’re often neglecting creative time to develop and complete projects that bring value to your business. And you may be giving so much that you don’t have time to do the essential tasks that bring in clients, traffic and opportunities. Additionally, over givers are the most likely to suffer from frustration and fears of inadequacy – not knowing why they can’t make money when they’re helping so many people.

There’s a very real risk of burnout when you’re giving so much away and not being compensated fairly.

If you relate to the over-giver trap then there’s a great opportunity to stop giving away too much for free and create real boundaries.

Billing Systems to Save You Money

November 15, 2012 Systems by Kelly Leave a Comment

One of the most essential systems you can create in your business is a billing system. While there are many facets of finance that are important today I want to focus narrowly on this one aspect.

Even if you have commitments to get paid from clients, if the invoices are not going out and the income is not coming in then you’re not in business, you’re running a charity.  Continue Reading →

calendar

How Scheduling Systems Can Help Grow Your Business

November 12, 2012 Systems by Kelly 1 Comment

One major benefit of entrepreneurship is the fact that we no longer have to follow a company schedule. We’re flexible and time is fluid and no more getting up at 6am! But as we take our schedules from one extreme to the other, we may find that having a schedule (even a loose one) helps our businesses grow faster than before.

My own scheduling is pretty low key – I start my work day at a specific time, have a few set calls and appointments and block off time for clients, marketing and administration.

It’s not hard to set up once you have a system going – the real trick is caring about why to do it in the first place. The difference between a schedule and a calendar Continue Reading →

the Benefits of Systems (Part 2)

November 8, 2012 Systems by Kelly Leave a Comment

And we’re back with more system benefits to answer the oft heard question “what are the benefits of these systems you create?”

There are plenty of things in business which are easy to overlook at first but, if not embraced, can take a lot of work to overcome. Systems are one of those things that takes time to set up properly and to maintain, but without them there’s a lot more work.  Continue Reading →

the Benefits of Systems (Part 1)

November 5, 2012 Systems by Kelly 1 Comment

Sometimes the most basic questions are the best to answer. Recently, I met with a business owner who asked, in all earnestness, what are the benefit of systems?

I thought that was brilliant! So often we take for granted what we’re doing and assume it’s helping without actually questioning.

So this is the first of two posts on the many benefits of systems in your business. I’ll try to include examples that are relevant to the most people and encourage your questions and personal experiences!

Benefit #1 Systems Remind us What’s Worked  Continue Reading →

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