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Sunday, March 30, 2014

How to Enrich Your Personal Life

No Business Today...

Most articles I write are all about the enrichment of your business or the enrichment of your professional life. Yes, those articles have a purpose and they are meant to be informative. They do not however give you any guidance on how to overcome the stresses of everyday living and the pressure that comes with our professional daily lives.
Today I want to talk a little bit about your self enrichment and some of the steps you can take to care for your inner being. You know that person behind the successful you.

10 ideas to enrich your personal life:

  • Make time for yourself (10 minutes) to meditate or reflect on your life.
  • Live in the now, living in the moment helps to ground your thoughts and calm the mind.
  • Find a movement that you can do everyday, any physical activity that fits into your lifestyle (walk, run, yoga, stretching, lifting, jumping, biking, boxing, hiking, swimming etc...)
  • Have lunch, dinner or drinks with a good friend.
  • Enjoy laughter with people in your life who make you laugh out loud.
  • Be fun and playful, do things that make you smile, with your spouse, your children or even your pets. This will in turn enrich all of your lives
  • Make love to your partner or just make time for pleasurable moments.
  • Give thanks and gratitude to those around you who make your life easier. 
  • Make time for the special people in your life.
  • Say "I love you!" These three words will give you peace and fill someone else with joy.

Cheers,

Toni

Saturday, March 29, 2014

10 Tips to Start a New Business

In today's fast changing technology based and social media environment it is good to remember the basic fundamentals of a new business start-up.


  1. Determine the type of business entity in which you will conduct business. Major choices are sole proprietor, partnership, limited liability (LLC), corporation, or non-profit.
  2. Apply for you Federal Tax ID number. Here is the IRS URL to give you guidance. http://www.irs.gov/businesses/small/article/0,,id=98350,00.html
  3. Open a separate business bank account and apply for a business credit card. This will reduce the time and money you spend on bookkeeping, as well as giving you a good view of cash and funds coming in and cash and funds going out. Never mix business with pleasure, best tip of the day.
  4. Set up an accounting system that matches your business needs. There are many flavors to chose from so check out the most popular as well as free software available on open source. Your choice all depends on how complicated your cash flow is.
  5. Set up all the forms you will need to track transactions. This would mean templates for invoicing and receipts. You also may want to set up a system or template for purchase orders, estimates and statements. All of these forms can be found on Quickbooks and other accounting software or online at open space form links.
  6. Make sure you have all of your federal and state business license requirements and any permits you may need. Go to www.business.gov to find out more and check your local state licensing board for local licenses.
  7. Secure business insurance to protect your financial investment.
  8. Create a realistic budget based on a cash flow template. Here is a great one from the SBA,archive.sba.gov/idc/groups/public/.../sba.../form_finasst_cshflstmt.xlt
  9. Make estimated tax deposits every quarter, especially if your business is a sole proprietor, partnership or S-corp. Regular tax planning will prevent surprises when its time to prepare the income tax returns.
  10. 10. Manage your time wisely. Outsource the items you are unable to manage such as accounting, taxes, legal work, marketing, business plan, financial plan and any other business areas that you do not feel confident to tackle. 
You are the soul of your business and it is your job to put out the best product or service you can. So leave the rest of the small stuff to the pros who do this for a living.


Cheers!

Toni




Sunday, March 2, 2014

3-Way Calling is Key to Network Marketing Success

Do you have a prospect that wants to join your business or wants to know more about what you do? Then I suggest the best way to engage with your prospect is to implement a 3-way call.

3-way calls can create that personal connection and give you the sponsor credibility. Engaging with a team member or your own up-line helps build a landscape of possibilities to your prospective recruit. They will get a preview of your business and will have the opportunity to see the success that you have created for yourself as well as the success of your up-line expert.
Your prospective recruit also learns how you engage others into the business and knows you will help in this same style of recruitment when it comes time for you to be the up-line expert on a 3 way call.
Getting Started
Starting a 3-way call is easy; just introduce your up-line expert to your potential recruit and your potential recruit to your expert. Make sure you point out their current level of success in the company and how long they have been in the industry. Make sure you point out only the relevant pieces of information that make your expert the best source. You want to create value to your up-line expert and give value to your potential recruit. Explain why you are both on this call but don’t overdo it with needless information. Keep it simple and to the point.
Remember that your up-line expert is responsible for recognizing you as a leader, and a business partner, someone who works hard and is a great source of information and support. If your potential recruit is a friend, they may not know specific details about you in the business world, now they might feel more empowered to know you better. If they don’t know you your up-line expert has now given them a good reason to have met with you.
You have now gained new respect and are empowered to share your success.
Be genuine and honest. These are two simple traits that will set you apart from your competitors.
Let’s Make the Call
·         Before the call, email information about your prospect to up-line expert. Give a brief background of who they are, why they would be a good recruit and give a brief bio of the person if you know it.
·         Practice your 3 way call skills.
·         Make sure you call your prospective recruit before you call your up-line expert.
·         Make introductions and give key facts about them both.(know a little bit about both parties)
·         Let your up-line expert talk about the business and you can ask pointed questions to get the ball rolling. (Have you ever wanted to own your own business, what do you want to learn about first? The business opportunity or the product opportunity? What do you like about this particular direct sales company? Have you ever used our products before?
Your up-line expert will likely spend a few minutes building a personal rapport with your prospective recruit to find out where they live, what they do, what interests they have and what path has led them to you. Then they should share their story and journey into the business. Make sure at this point you share your story. It may be connected to your up-line expert.
Talk about your current team and all you do to assist each other build a successful business. Your team can be the best asset you have. Make sure you treat them with great reverence and show respect.
Make sure your calls last no longer than 20 minutes. If your potential recruit has questions make sure you listen and then tell them you would be happy to email them the materials so they have time to look over the details in their own time.
Create a strong foundation and then Duplicate-Duplicate-Duplicate
If you can duplicate something, you can achieve freedom. Successful network marketing is all about duplication.
Team Work is the Key to Building the Dream
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Cheers,
Toni