Hey there friends! Have you been reading my blog or following me for a while? Thanks a lot! I just want you to know how much I appreciate you.
I hear the phrase "Take it to the next level" fairly often and I wonder, what exactly is that next level?
If you don't know where you're going then you'll never get there.
I read a report today about the state of women-owned businesses in the USA. The stats were interesting, disappointing and motivating.
89% of women-owned firms generate less than $100,000 in annual revenues (75% of all firms). It seems women own a lot of small businesses. Most of these are solo-owner-run businesses or at most hiring one other person in which case revenues increased on average to around $150,000 annually.
Only 2% of women-owned businesses achieve the $1 million mark. (It's low but woo-hoo - proves it's possible).
The report stated "More and more women are starting businesses. The real issue at hand is not getting more women to start a business, but rather providing support to women already in business to grow to the next level".
Arrgh, there's that phrase again!
If you're visiting my website then I am fairly certain you are one of the 89% of women whose companies generate less than $100,000 a year - most likely considerably less! A full-time mum with a side business making $500 to $1000 a month would be doing pretty well in my book. It's not that easy to pull money out of thin air.
Should the next step be defined only in monetary terms?
Here's a question for you. If you work on your own like I do would you think you had 'made it' when you hired your first employee? Or if you were able to afford to have a real accountant look over your books? Or if you were able to hire a virtual assistant to deal with all the emails you let pile up?
Or how about getting your business to the point where you could take a holiday with complete peace of mind knowing that 'your system' would automatically take care of things while you were away?
Take the next step now
A couple of months ago I sent out a survey. The results of that survey indicated that many of you are struggling not to get started nor with ideas but with formalising the idea or your money-making activity into a business.
If you're in that category then I suggest you do three things today:
- Sign up to receive my REALLY SIMPLE BUSINESS PLAN template (scroll down the page for that, it comes with a monthly action plan too).
- Read an expanded case study / sample business plan that I made up for my friend Sally who is starting a floral delivery subscription service. Have a go filling in your own.
- Read my page about the services I offer for people who need a system to follow, regular personal contact with an expert and accountability. We can work through the Really Simple Business Plan together if you like or I can help figure out what the next level for you is and how you're going to get there!
One last thing you could do, read this page to find out more about me. You want to know who you're putting your trust in, don't you?