How To Choose The Right Priorities To Grow Your Business (Part II)

by | Sep 27, 2011 | Coach Training

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What would happen if you made money a priority in your business AND your life? In Part I of this article series I revealed 3 key money mindset shifts you need to start generating more income via your business.

In Part II, I’m sharing with you the most important actions you can take. Without focusing on these actions you’ll likely find yourself feeling at the mercy of money, with little control or influence over what you make, even though you may be marketing like crazy.

I’ve coached hundreds of people in my programs (and thousands via speaking and teleseminars) and without fail, the primary problem every woman business owner faces is that she’s spending more time worrying about money than she is in taking the right actions to generate more money.

So here are 3 key actions to make money a priority in your business. Take these simple steps every day and you’ll quickly begin to see a difference in your bottom line…and in your confidence as a business owner!

Money Priority Action #1: Focus FIRST on Income-Generating Activities

Women are biologically wired to want to organize and tidy things. As entrepreneurs, that can turn into a habit of starting each day by cleaning out your inbox, straightening your desk, and taking care of “quick” tasks. It may feel satisfying to check these things off your list, but they aren’t going to produce income for you.

I recommend starting each morning by taking action on your income generating activities. And no, plugging in to social media doesn’t count! You’ll find that by focusing on income generating tasks early in your day, you’ll feel emotionally and financially on track, every day.

Money Priority Action #2: Use Systems to Create Income

Successful entrepreneurs take risks, try new ideas, and stretch themselves to bring the best of their gifts into the world. They don’t, however, do this in a random manner. For example: client lists are built strategically. Programs and products are created and launched based on a formula that generates and maximizes sales.

Money flows most easily through clear structures and systems. And systems streamline your work which means you can spend more time on serving your clients and creating more income.

Money Priority Action #3: Don’t Get Stuck In A “Dollars for Hours” Rut

When you’re first launching your business, seeing clients 1-on-1 is the perfect way to gain experience and build momentum. But sticking with this model will quickly leave you burned out and unable to break through into new income levels.

Instead, it’s crucial that you learn how to easily and quickly add new income streams to your business so that you’re leveraging your time, serving greater numbers of clients in less time and creating advantageous, new opportunities.

It’s Easier To Make More Money Than It Is To Make Less

By making these 3 actions a habit, you’ll quickly expand your income and your confidence, helping you to create the kind of stability and reliable income you need to enjoy — and grow — your business!

Want my very best free content on all things coaching? Coach training, pricing, money mindset, coaching business best practices, and so much more. Join my Facebook Group: The Tribe of Courageous Coaches. The Tribe is our fast-growing community specifically for women in coaching who are ready to own their worth, and create their own economy. Click here to request access now

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How To Choose The Right Priorities To Grow Your Business (Part II)