187: Make Money Doing What You Love Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Business Owner
187: Make Money Doing What You Love Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Business Owner, Or Self-Employed
Using your passion for boosting profits in your business is key to your happiness and success, but you need to know how to propel your passion into your business. Focusing on what excites you and putting that energy to work for you to create a profitable business takes work, but when you have passion behind your every move, you are able to push through even the biggest challenges in your business. In today’s podcast episode, I am talking about how to make your passion profitable by discussing how you can find your passion as well as your purpose, validate your ideas, create a plan to do the work, and then turn it into a profitable business. You need to prioritize it, and it doesn’t matter if you are a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA. We’ll go from a possibility to reality without letting fear hold you back. If you’re ready to believe you can take your passion and create a profitable and successful business, let’s dive in. These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, or FreshBooks for your business finances or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document…
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Show Notes:
Using your passion for boosting profits in your business is key to your happiness and success, but you need to know how to propel your passion into your business. Focusing on what excites you and putting that energy to work for you to create a profitable business takes work, but when you have passion behind your every move, you are able to push through even the biggest challenges in your business. In today’s podcast episode, I am talking about how to make your passion profitable by discussing how you can find your passion as well as your purpose, validate your ideas, create a plan to do the work, and then turn it into a profitable business. You need to prioritize it, and it doesn’t matter if you are a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA. We’ll go from a possibility to reality without letting fear hold you back. If you’re ready to believe you can take your passion and create a profitable and successful business, let’s dive in. These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, or FreshBooks for your business finances or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document…
Welcome Back… Did you know that there were nearly 5.4 million applications to file new businesses in the past years? Did you catch that? I said million with an M. These business owners are following their dreams and starting their businesses. One of the best ways to start a business is to follow your passion and use that passion to create a profitable business, but before you can use your passion to boost your profits, you need to know what your passion is. If you’ve done your homework in the past and you already know what you are passionate about, that’s great! If you are unsure, I want you to focus on what excites you in life, what feels good in your heart, and what you tend to talk about or want to learn more about. What could you teach others about that comes naturally to you? How can you use this excitement to make an impact? These are the things you are passionate about. You’ve probably heard the quote from Confucius that goes: Choose a job you love, and you will never have to work a day in your life. I agree with this as well when I say, Dream Big, Follow Your Heart and Love What You Do. By following these simple steps, you will find you can use your passion to boost the profitability of your business as well.
Once you know your passion, think about what you would like to see your passion turn into for your business. I want you to think about how you can use this passion as your purpose. Can your passion fulfill something that others need or want? You’ll need to test this out by putting your offer out in the world. If you are not ready to charge for your services yet, is there a way that you can try to offer it for free for a short time? Whether you have a free offer or you are comfortable with charging for it, you need to see if there is an interest from others. You’ll ultimately need to find out if someone would be willing to pay for the product or services you offer in your passionate business. Tell everyone about your passion and where you and your business are going in the future. This will build confidence and begin the growth of your business. When you start to obtain clients or customers, you will genuinely start to see how you can use your passion to make an impact on others. This is why so many new businesses start out as a side hustle. You can continue with your regular job to provide the security you need until you know you have validated your side hustle and are ready to go full-time with it; your job can be extremely beneficial. When you find it’s the right time to quit your job, you want to ensure that you have adequate savings built up to help back up any slower months or a slow growth period. If, on the other hand, you find that your passion won’t be scalable or able to make enough money for you to quit your day job, you want to take some time to decide if you still want to pursue it as a side hustle to fulfill your passion or be realistic about any pivots you can make to generate the profits you need. If neither of these options works for you, you’ll need to decide if you want to continue following your passion as a hobby. Business owners are in business to make money and be profitable. I am sure this is where you want to be as well.
You need to believe that you can take your passion and your purpose and create a profitable and successful business right now without waiting until it just happens. Successful businesses don’t just happen; you have to work hard to reach your success. There are also quite a few business owners who let fear hold them back. Don’t let this be you. Don’t let the fear of failure, the fear of rejection, or even the fear of success hold you back. Yes, you did hear that right; I did say the fear of success. There are instances where business owners will hold themselves back because they fear success. They may be fearful of the reaction of their friends and family, or they may sabotage themselves or fear they won’t be able to maintain their success. Lean into your fear and move out of your comfort zone to reach the success you can see in your future.
I want you to find out where your strengths are in your business and understand where you know you are going to need help. For example, I know many business owners who do amazing work with their passion, but keeping track of their finances or doing their own bookkeeping is not their best strength. Know where you are going to need help in the future and embrace those needs so that you can focus on your strengths. Make sure that you have the skills and education you need to carry out your passion. You will also want to know your value and how much your time is worth. We all have the same number of hours in a day, and once today is over, we’ll never get that time back. Think about what your time is worth, and make sure you are utilizing your time in the highest capacity.
Don’t let procrastination and perfectionism limit your dream of following your passion. Procrastination and thinking you’ll do the work tomorrow may never happen. You are going to want to make your tomorrow today to ensure you are getting your projects done. Perfectionism can also delay your success if you wait for everything to be perfect. When you decide to go with what you currently have prepared, you’ll learn along the way and build confidence. Don’t waste precious time until everything is perfect or procrastinate when you can start now and build momentum in your business.
When your business hits a roadblock, use this as a learning tool and not a reason to stop believing in your dreams. Find alternative ways for dealing with these roadblocks to make you and your business stronger and able to move forward. Remember your why and why you wanted to start your business in the first place. Make sure your passion continues to light you up and allow the enjoyment even though there may be tough times. You will need the passion you have for helping people or making an impact as a motivator to pull you through challenging times and to help you do the work in your business that’s overwhelming, stressful, or not always fun. Your passion will fuel your success. Look at what you’ve accomplished already. Can you see if your passion led to your biggest successes?
If you have been in business for a while and are looking for additional ways to increase your profits, take some time to schedule brainstorming sessions. This is where you can create ideas and additional ways to use your passion to further impact others and your bottom line. Use these sessions to develop ideas about how you can increase the sales you are making on your existing customers as well.
Finding your passion and turning it into a purpose that will make an impact on others who are willing to pay for your product or services will bring your dream business to a reality. Take your passion and follow this process to create your own profitable business. Having someone to hold you accountable, help when your motivation is low, and bring perspective to your ideas is vital to your success.
Imagine having a system in place where you spend less time buried in paperwork and more time doing what you love. That’s where I help my clients. They are able to have proper processes in place, understand why they are following through with these processes, and they have more peace of mind when it comes to their business. Striking a balance between the demands of running a business and maintaining a fulfilling personal life is an art; it’s about creating an environment where you can thrive and support your lifestyle. By being proactive and setting up efficient processes, you can ensure a smoother, more enjoyable year-end, and you’ll be prepared to file any necessary filings with the IRS. By working with me, you’ll change more than just your bookkeeping processes. Like many of the clients I’ve worked with, you’ll go from not knowing how to get through all the stressful situations or being unprepared to being totally in control of exactly what you are choosing to get done at the time you want to have it accomplished by, all while knowing you are doing enough and you’re able to enjoy your business and your personal life. I help clients just like you with strategy, mentorship, and coaching. When you work with me, you’ll show up much more differently than you do today, and, after all, this is what you ultimately want in your life, right? You can be stress-free in both your professional and personal life. Come join me. When I work with clients throughout the year, they are able to reduce their stress and overwhelm, understand how to master their small business finances, develop solutions to grow their bottom line, and create a work-life balance they truly enjoy. I encourage you to take the next step by signing up for a free consultation where I’m going to teach you the first step in my process so that you can eliminate stress, overwhelm, or overworking in your professional or personal life while you continue to get done what matters so that you can live your life with joy, purpose and a more fulfilled life. Feel free to reach out to me with any questions you have; I’d love to help you on this journey. You can schedule your free consultation or sign up for a coaching session today at www.FinancialAdventure.com. As a Certified Public Accountant and Certified Life Coach, I can help you set goals and develop a plan that will allow you to lead a happier and more sustainable life in your business, career, or your personal life. I’m here to guide you through the financial aspects of your business as well as help you focus on the strategies you need to follow to reach the success you want to achieve in your professional or personal life and stay committed so that you can continue to keep pushing forward and relieve the stress, anxiety, or overwhelm you are currently feeling. Having an accountant and certified life coach like me can provide you with valuable insights and ideas to help you simplify your life, which enables you to go back to enjoying your professional and personal life. I work with business owners, accountants, and other financial professionals to create the actionable steps they need to take to ultimately achieve their goals while getting relief from the stress and overwhelm they feel from the pressure of owning a business, deadlines, and the workload they face every day. If you are struggling with this as well and would like some help developing a solution, help strengthen and maintain your emotional health, increase your well-being, create a more positive, happy, and joyful life, set and achieve your goals, and manage your relationships, I’d love for you to join me in my Balance Life Coaching program so that you can live a more purposeful life. Each week, we meet privately one-on-one, and you get to bring whatever is on your mind on any given week. I also have a daily coaching program where you can talk to me whenever it works best for you, 24/7, any day of the week. In either program, you get to work on your highest priority, whatever you want more of in your life, or if there is something that is weighing on you heavily that you need coaching on, and we’ll work through it together. Having a certified life coach like me helping you through all of this allows you to feel so seen and cared for, and the results are amazing. Everyone benefits when they work with a certified life coach. After every session, you feel energized, and you know exactly what to do for the day or week to come, and relief knowing we will meet again to go over anything that comes up after your session. You’ll gain self-awareness while you take each step toward your goals. The investment in either of these programs is an easy yes for you. I’ve set these programs up in the most supportive way. If you are ready to join the Balance Life Coaching program, you can go to www.FinancialAdventure.com and click on the work with me button. You’ll see the link to join as well as additional information about the programs. Sign up now. There are limited spots available for these programs due to the one-on-one aspect, and they do sell out. If the payment link is gone, you can get on my waitlist to join the programs when additional spots are available. I help people get results and live a more joyful life. I coach everybody on everything. I know there is something you want in your life, and I can help you get it. I know this is something you’ve been waiting for. I’ve been asked by many of my listeners to create these exact programs. The faster you get access to the program, the quicker you’ll see the possibilities available to you. I also have a risk-free guarantee. I believe so strongly that everyone benefits from coaching that when you sign up for the Balance Life Coaching program today, if for any reason you are not satisfied with your first session, you can send us an email, and we’ll refund you immediately. Are you ready to enjoy your life now? Why would you want to wait? Make this investment for yourself. Take the journey with me…make it happen for yourself. Ask yourself why you need this program in your life right now. Are you ready to make bigger, bolder, stronger life goals? I’m looking forward to meeting with you soon and digging deeper to see where you currently are in your business or career and start creating actionable steps so that you can reach your vision and goals for the future, not only in your business or career but also in your personal life. I’m ready to work with you, see all of your successes, and watch you thrive in your business or career while creating your best work-life balance. I’ll post links to this and other valuable resources for business owners and accountants where you are listening to this podcast.
And, you know I’m going to ask…what’s at least one thing you will take away from this episode that will help your business succeed and grow your bottom line? If you need some accountability, join our PRIVATE Facebook community and post your action item, we’d love to support you.
