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Business Consideration

Business Consideration

04.16.23 10:00 AM By Michael

Ask yourself this super important question.

Ideas for Expanding Your Financial Planning and Goals:

1. Revisit your business plan for both your household transformative steps and possible tandem career path

2.  Have you ever created a spreadsheet that reflects your streaming source of income, your household expenses, savings and investments ? Upon reflection of these items, what opportunities exist  in terms of  extending your savings and investment, streamlining your expenses, allocating capital for your business budget, and seeking fiscal partners? Grants for educational services and resource for clients?

3. What areas of your business would you like to expand further and what is the plan for each level of development? For example if you were to create publications related to your life coaching would that include brochures booklets workbooks, articles,  etc.?

4. Could you host your own panel discussions or podcast that people could tune in to to get a snippet of the services you provide?

5. If you were to invite a group of potential investors to a business dinner, what would you discuss and what would you leave them with to th ink about? How would you follow up or close the meeting with action items for everyone?

6. Can you schedule speaking engagements at schools, churches, community centers, etc. for every weekend for the next year? Where would you start?

7. Aside from the multimedia platforms you currently have, can you reach out to local and national radio stations to be an educational feature that supports community engagement? While this may not be the focus of your business, it can be tremendous opportunity to engage.

8. Polish your resume and have it in 2-3 forms. One that accentuates your current position, one for your personal business and one for a combination of the two or the area of emphasis for an opportunity you may otherwise be seeking.

9. Seek letters of reference/support to accompany your resume.

10. How are you networking? What does your hustle look like during your free time? How much time are you allocating to the things you want to do?

11. What are your evolving goals and plans to achieve them successfully? How are you monitoring your goals and plans? Do you have a timeline and progress monitoring tool  ? How do these items work in tandem with your financial planning short and long-term ?

12. What resources do you need  to make your truest and most pertinent desires come to fruition and what sacrifices are you willing to make for them?

Michael