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Posts Tagged “Lifestyle Entrepreneur”

Purpose Drives Your Profit

Well at this point I have been around. I have been part of the therapeutic community, part of the business coaching community, part of the academic community, women’s communities and spiritual communities.

No matter where I go, I notice that there is a group of people who are thinking out of the box and wanting more for their lives, their work, and the world. Whatever group they are part of, they do not “drink the KoolAid”. They are thoughtful, considerate, creative and unwilling to settle for just a small part of what they want.

These are my people. If you relate to the above, I want to tell you that it is great to be on this journey with you.

You know that there are a lot of people out there who do not care whether what they do has a positive or a negative impact on the world around them, they really just care about making money. But, if you are reading this, you are not one of them.

My work has always been for people who are looking for the essential information that they need to grow their business, but a business that adds richness to their life in more ways than just monetarily. A business that adds some value to the world.

If you boil it all down:

Purposeful Profit = Lifestyle + Impact

Lifestyle is the way you want to live. It covers how you spend your time AND your money. It determines how much of either of those you want to have. How you feel as you go about your day. What and who you are surrounded by.

Impact is the way you want to interact with the world around you. The ways you would like to make the world a better place by having lived. When you create your business, you want to create a profitable business, otherwise there would be little reason to create a business at all. However it is just as important as you move through live to think about the PURPOSE behind your life and your business.

Because if you are driven by a sense of purpose nothing else is going to leave you feeling more fulfilled than achieving that purpose. And all the money in the world will not make up for that.

Want to learn more about this? My Power Purpose Profit eBook is a workbook that will guide you through turning your desire for impact into a business and lifestyle that you can start LIVING instead of just dreaming about. Purchase it here.

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7 Mistakes Beginning Lifestyle Entrepreneurs Make

Over the last 4 years I’ve had the privilege of getting to know, hundreds, if not thousands of budding lifestyle entrepreneurs.

In that time, I’ve seen an equal number of “lifestyle design” blogs that have come and gone (can we ditch that term yet?)

There’s a harsh reality with these type of blogs that’s kind of tough to ignore. Usually they start out because of a major shift in someone’s life; either they were laid off, or decided to quit and perhaps travel for a year. They read the 4 Hour Workweek and proceed to “design their life.”

Step one: start a blog! Woohoo!

Do they want to be a blogger? Probably not. Do they know what the long term goal of the site is? Nah. It’s just a good way of justifying taking time off and traveling, or in some cases, collecting unemployment and becoming disturbingly good at Call of Duty.

What happens then? Well, they finish their travels, run out of money, (or a combination of both) and eventually go back to getting a real job, letting the blog die a slow and unmemorable death.

Now, obviously not everyone can relate to this story, and there’s dozens of people in Location Rebel who have had huge success building a real lifestyle business.

BUT, most people don’t. Most people make some crucial mistakes early on, that are pretty much setting them up for failure over the long term.

Today I want to see that change. I’ve made all of these mistakes myself over the last 4 years in one form or another. What’s important is you recognize what’s happening, and change course as quickly as possible.

So based on years of research (ok I may be using that term a little loosely), and thousands of conversations (true), here are the biggest mistakes I see people make when it comes to starting a lifestyle business.

1) Don’t try and Recreate someone else’s lifestyle

Now that Tim’s book has been out for the better part of 7 years, there are thousands of examples of people building successful businesses and living happier, and potentially more profitable lives in the process.

The problem with this is I’ve seen a lot of people try and emulate the path of someone else. They haven’t figured out what their dream is, so they try and live out someone else’s.

There are all kinds of problems with this. For one, that’s someone else’s passion, not yours. If you aren’t totally into hang gliding, then how can you expect to make it through the long startup process to open up that kind of business in Brazil. Oh, you want to do SEO freelancing to free up some time so you can….oh wait, you don’t know what you want to do?

You’ll be even more miserable than you were before.

No one can recreate my business or anyone else’s for that matter. It’s my unique story and 4 years of blogging/traveling/learning that makes Location 180 and related businesses what it is today.

Before you make a leap, understand what you’re leaping towards, and why you’re leaping towards it. You’ll be more successful, happier, and you won’t piss off the dude whose business your copying.

2) Start with the basics

That’s awesome you want to create a hundred niche sites, oh, and you’re going to do it all in the next 30 days? With no background in SEO or marketing?! Sweet, I’m sure you’ll make one miiiillliooon dollars off of that.

Right.

How many times have you seen that one work out? Very rarely.

What’s the problem here?

Often people who go this route, aren’t starting with the basics. Until you have the skills and confidence to be able to pull something like that off, you’re just going to be wasting your time. So how do you start with the basics?

Here’s the three step process we teach:

  • Learn Skills
  • Find Freelance Clients
  • Apply to your own projects

Are there other ways to do this? Of course. But in my experience this is the one that guarantees results.

Learning the basic skills, things like WordPress, copywriting, and SEO, will give you a solid base for whatever online or lifestyle venture you get involved with.

Then, by picking one skill and freelancing it, you’re building confidence and a base of income that will help ensure you’ve got some money coming in when you’re moving on to step 3.

Finally, once you’ve got some confidence, then you apply all of your skills to your own projects. Anything from e-commerce to membership sites, or niche sites. All are great business opportunities under the right circumstances.

And even once you’ve moved onto all of those ideas…100 niche sites, as great as it sounds, still probably a bad idea.

3) You Can Have It All, But Not All at Once

These days I’m a pretty firm believer that you can have anything you want, if you want it bad enough. If my life goal was to own a Ferrari, I could make that happen – but I’d most likely be sacrificing a lot in order to achieve that.

This works on a much smaller scale as well.

All too often, I see people who want everything in their business when they are starting out. I received an email the other day from someone still in their day job that said something to the effect of:

Sean, really excited about getting my new business up and running. I’ve got all kinds of stuff in the works, including:

  • A blog with 3 blog posts a week
  • A new podcast
  • 3 niche sites
  • A free pdf product
  • A membership site
  • A you tube video blog

Oh and I’m getting ready to travel through SE Asia when I quit in a few months.

The guy had all of about 2 blog posts done and hadn’t done any work on his theme.

Classic example of trying to do too much, too quickly.

All of those things are great…but not when you’re starting out.

Focus on maybe two of those things. Figure out what your main goals are, and then work relentlessly on the things that will get you closer to those goals.

You can totally travel through SE Asia, work on a blog, and maybe one other thing, but if you’re going to attempt all of that at once, you’ll half-ass everything and never make any real progress towards the ultimate goal of making that your full time work.

4) Don’t Be Afraid to Spend Money

This one, I get. I can be a bit of a cheap ass at times, and I totally was early on. BUT, hindsight is 20/20 right? There are certain small investments that can pay off in spades, and are necessary.

Best example?

A premium blog theme. I used the free version of Arthemia for two years before finally investing in a good looking custom site design (Props to Andrew and Andrew). But you don’t even have to take it that far.

Buy a premium theme from Woo Themes or Theme Forest. They have solid frameworks, and make it so easy to customize your site and make it look however you want.

With free themes, nothing is ever easy, and if you do find a good one, you’ll probably find a thousand other blogs that look just like yours.

Afraid to spend $19/month for Aweber? Get over it. It’s the best $19 you’ll spend on your business.

The old addage “You’ve gotta spend money to make money” has a lot of truth in it. Sure, you can bootstrap the hell out of your business and spend very close to zero dollars, but you’re going to make your life a lot more difficult than it needs to be.

Stay in an extra night a week and take the money you saved and invest in yourself and your business – you won’t regret it.

5) Building a Brand is More Important Than You Think

Often times when I see people skip mistake #2 above (start with the basics) they jump right into building an info product or niche site, and they skip one very, VERY important step: establishing a brand.

I used to call it having a “hub of location independence”. By having a website and building a brand online you’re opening up so many opportunities that simply wouldn’t be available to you otherwise. It establishes credibility, and makes it easier to get in touch with more influential people and businesses. It allows other like minded people to find you which in and of itself should be enough of a motivator for you.

Sure being a lone ranger can be fun, but having a brand will allow you to scale things infinitely faster.

How do you do this?

Many people view a brand as synonymous to having a blog. While I think a blog can be a valuable asset, it isn’t 100% necessary.

Simply having a basic WordPress site up, with some solid info on who you are, and what you’re all about can go a long ways. If I were you, at the very least I’d have a blog component in order to establish expertise. Even if you only right once or twice a month, it gives people a little more insight into who you are and exactly what you do.

Not sure how to do this? Don’t worry, this post has all you need.

Your brand and things associated with it, is also one of your biggest assets. If all you’re doing is creating niche websites, one Google algorithm change can wipe out your business.

Even if everything I have online was deleted and I had to start from scratch, there’s still value in the Location 180 name, my email list, my reputation etc. Bottom line, for me personally, without the brand, there is no business.

6) Take Your Work Seriously

If you’ve recently quit or are traveling around the world, a new blog or business can seem like an awesome little side project. One of my best friends, Ryan, started an awesome blog that was quickly gaining traction and making him some money. But he never took it seriously as a business.

What happened?

He let the site sit for a year, somewhere along the way, it got hacked, and then he didn’t want to pay the hefty fee to get it fixed once he finally noticed what happened.

By now he could have had a thriving business and community, but he never took it seriously. Caveat: He loves his life as a tour guide right now, but it’s still definitely a missed opportunity.

Sorry bud, but had to call you out on this one.

Moral of the story? If you’re serious about building a business, act like it.

Build routines around your work. If you’re working on your venture full time, figure out what hours you’re most productive, and sit your ass down in your chair and do the work.

If you’re doing it on the side, do the same thing. Figure out when you can work, and actually do it.

If you treat your business like a fun side-project, that’s exactly what it’ll be. If you take it seriously, and treat it as your new day job, in time, you’ll be right where you want to be.

7) Dont Work in a Vacuum

I’ve said repeatedly over the years that if you want to be successful doing this, you have to find a supportive community. For as many people as I know living out their perfect lifestyle, the concept still isn’t mainstream.

If you tell many of the people close to you that you want to start a business on your own, they’ll probably give you a myriad of reasons as to why that’s a bad idea.

That’s why it’s more important than ever to have a solid support system while you’re working through things.

This is one of the most common mistakes I see as well. People will hole up in front of their computers and treat the whole thing like they are in a vacuum. They won’t go out and meet other entrepreneurs, and often won’t even try and communicate with likeminded people online.

Not only are you doing your education a disservice, but it won’t be long before your sanity wears thin, and you scrap the whole thing.

This is probably the most important thing I’ll say in this post, if you’re serious about building a successful lifestyle business find a supportive, like minded community as soon as possible.

Here’s a great one if you need a push in the right direction.

Are you Making These Mistakes?

None of us are perfect, and we all make mistakes no matter how hard we try not to. Consider this post a reminder. It’s easy to let things get in the way of our dream lifestyles, but focus on continually improving your business, and you’ll thank yourself later on when you have full freedom in your life. When you don’t have to miss things like your kid’s first steps because you were at work, or when you meet the person of your dreams while traveling through the French Riviera.

That’s why we’re doing all of this anyway, right? To live a life where we can do more of the stuff we like to do, on a daily basis.

Reblogged from Sean Ogle’s website www.SeanOgle.com

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What Creates Results?

What ever goes on within the confines of your mind will surely reflect on your outside actions. What does that mean? What you think about and how you think about them will determine the level of income you earn, the type of house you live in, the type of car you drive, the type of relationships you have, etc. Take a look at what you have right now. Everything that you have around you will tell you what type of thoughts you grant attention to.

This can make a real impact on your life. Since your most dominant thoughts will determine the type of actions you take which will determine the type of lifestyle you live, it would be best to expand your mind by learning all that you can. A person who only knows of working for wages cannot hope to attain the millionaire mark. But by learning and applying different and honorable ways to earn income, the chances of attaining such a mark increase. I know we all have thought, “I’ve heard that before. It’s nothing new”. But that is precisely why so many people still work for wages and a small amount earn giant amounts of income. Because one may have heard helpful information before, doesn’t mean that one utilizes it.

It is not enough to just “know” about something. It’s useless if you don’t put it to practical use. Here is one secret to success: Listen from those who have gone to where you want to go (i.e. books, mentors, programs, seminars), apply those steps to your own venture, and leave nature no choice but to send success your way. This alone will entirely change the way you think. Therefore, changing your actions and creating a different set of results you wouldn’t have gotten if you didn’t apply the one secret to success. This also works on other aspects other than money. The bottom line: Expand your mind in the direction you want to go, exceed your limits, and create desired results.

Reblogged from the Success Coach Corner

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What Is Your Legacy?

As we grow older and have less time left, there may be a tendency to ask, “What impact have I had?” “What have I contributed to others and future generations?” “What is my legacy?”

Most theorists agree that adult development is ongoing. As we age, a major task is to move beyond concerns of the self and acquire wisdom in order to contribute to others and future generations. In my dissertation research, I asked creative older adults I interviewed, “How important is it for you to leave a legacy or contribute to future generations?” (Robertson, 2005). Surprisingly, many of the participants I interviewed were not concerned with leaving a legacy—even though, in my mind, they would leave bodies of work and had already contributed to present and future generations. Some talked about what they would pass on to children and grandchildren, but most indicated that their time was “now” and they did not expect to be “remembered” for more than one or two generations.

In the book Live Your Legacy Now! Ten Simple Steps to Find Your Passion and Change the World, Barbara Greenspan Shaiman (2009) tells about the “inheritance” she received from her family, how she was inspired to create her legacy, and practical advice for people who want to make the world a better place. She explains that a legacy goes beyond the common conception of leaving a bequest, or funding a hospital wing or university building to preserve one’s memory in the future; it is sharing your “humanity” and is a gift to the present and the future.

Recently, my husband, John and I have been blessed to get to know Barbara. She has become a dear “new” friend—an experience that somehow feels “extra special” as you grow older. We were thrilled when she invited us to attend the 2014 Women’s Achievement Awards, presented by KYW Newsradio 1060, and held on June 25, 2014 at the National Museum of American Jewish History in Philadelphia, PA. Barbara and four other women from the Philadelphia area were honored for their outstanding achievements.

Barbara’s award was for the legacy she has established and how she helps others to do the same through Embrace your Legacy, which offers programs to create “cultures of caring” for a variety of audiences. Barbara’s approach to creating a legacy is that it does not have to be just for the future—it can be lived now, which is what the title of her book suggests. In addition, creating a legacy does not have to wait until one is an adult. Through Champions of Caring, a non-profit organization Barbara founded in 1995, she developed a program that has empowered more than 10,000 youths in Philadelphia and South Africa to make the world a better place by becoming engaged citizens and leaders of social change.

What makes Live Your Legacy Now so powerful is that the first part of the book tells Barbara’s story of how she became involved with building her legacy and helping others to do the same. Stories can be powerful motivators; if we examine our lives, most of us are able to discuss our heritage and identify events that have shaped who we are. Barbara’s parents—her mother, Carola Iserowshi Greenspan, and her father, Henry Greenspan, were Holocaust survivors. Barbara tells how her parents’ survival, a journey she took with her family and other Holocaust survivors to visit Auschwitz in 1989, and a brief meeting with Steven Spielberg spurred her to create her legacy.

For those who might think, “I have no idea what my legacy could be,” and “I don’t know famous, powerful people who could help me even if I did,” Barbara’s book provides a process to find out and offers very practical advice. She gives step-by-step suggestions of how one can explore their past and identify present values, skills and passions to create a vision for the future that will make the world a better place. Live Your Legacy Now is a reassuring book for those who find the idea of creating a legacy a bit intimidating or grandiose because it helps one to live “on purpose.”

The subject of living your legacy exemplifies key principles of existential-humanistic psychology. A major challenge for individuals and cultures is how to live as fully as we can, despite individual trials and unbelievable horror we may confront. Certainly, the Holocaust is an example of such a horror. Lest we forget, Holocaust museums are stark reminders of how human beings can lose their humanity. In the face of such inhumanity, people such as Barbara’s parents and Viktor Frankl survived, created legacies, and made the world a better place. Frankl was a Holocaust survivor and founder of logotherapy, which stresses the importance of finding (or creating) meaning for existence. He strongly believed in the importance of freedom coupled with responsibility.

While not everyone will have experiences as horrific as the Holocaust, most people can identify problems they would like to address and causes about which they feel passionate. The thoughts expressed in Live Your Legacy Now are very consistent with existential-humanistic psychology, and the tagline of this website: “It matters that people have a way of looking at their lives that lets them ask the big questions and determine how they want to live.” Examining who we are and what we want to contribute “is vital to the transformation of our despairing and violent world.” Creating and living a legacy is a way to break “new ground to humanize the world around us.” What is your legacy? Or, even more important, what is the legacy you choose to live right now?

reblogged from the Saybrook University blog.

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