Teaching mental health providers how to navigate the managed care industry and increase cash flow

Entrepreneur

TCCs Top 10 Links of the Week

Posted by on Aug 2, 2013 in Crowdfunding, Entrepreneur, Motivation, Social Media, Top 10, Writing | 0 comments

This week we are introducing a new feature: The Top10 Links of the Week. You don’t have time to scour the web for good content. So we are doing it for you! Come visit us every Friday for helpful tip, tricks, and thought provoking content from around the web. If you agree or disagree with our picks, leave a comment. If you want to suggest a link for next week, we take suggestions. So without further ado, here are our picks for the week.

  1. The Top Motivation Techniques Your Competition Doesn’t Want You to Know
  2. Start Your Crowdfunding Campaign With a Marketing Plan
  3. 50 Ways to Energize Your Social Media Community & Audiences
  4. Gone Too Soon, Gone Too Young
  5. A Grateful Pause….A Lesson on Appreciating the Now
  6. Being Held Back by Your Fear of Writing? Here’s What to Do
  7. “No” Is Not A Bad Word
  8. Memories of Being Bullied
  9. Women Entrepreneurs Becoming Force in the Developing World
  10. How to Turn a Hot Mess Into a Powerful Message
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5 People Entrepreneurs Should Have on Their Team

Posted by on May 16, 2013 in Accountant, Assistant, Attorney, Entrepreneur, Marketing | 0 comments

As you’re growing your business, your team should be growing as well. Many entrepreneurs start off as “solopreneurs.” Usually because money is tight and you have to do everything yourself. But there will come a time when you are making a steady income as an entrepreneur. Most solopreneurs believe that they are saving money performing all business functions themselves. Bad idea. Trying to do everything leads to frustration and burnout. However, having a team eases that frustration if done properly.

First, identify what tasks are necessary for you to perform, and what tasks can be outsourced to someone else. Typically, the first tasks to be outsourced are administrative. These are the day to day tasks that need to be done to keep the business running such as, setting appointments, returning calls, taking messages. So one of the first members of your team should be an administrative assistant. The assistant doesn’t have to be in house, and with the advent of the internet, having a virtual assistant anywhere in the world is possible.

Another member of your team should be an attorney, especially if you haven’t made your business legal yet. And by legal I mean forming a separate entity to protect your assets. There should be a layer of protection between your personal assets and your business assets. We live in a litigious society. Therefore should something arise where your business gets sued and your business and personal assets are co-mingled, you will be in a world of trouble. Get an attorney.

The next member of the team you need will be an accountant. Make that 2 accountants. One who specializes in business accounting and one who specializes in tax accounting. One makes sure the books stay in line with Generally Accepted Accounting Practices (GAAP) and the other makes sure you’re in compliance with the IRS. Getting a good tax accountant now may save you from needing a tax attorney later.

Another member of your team should be your marketing expert. This person is the one who devises a plan to bring in the leads. Leads are the life blood of your business. Even though you may have been doing great with word of mouth, the marketer can help take you to the next level by identifying ways to improve your marketing strategy.

Once you have your team in place, conduct regular meetings to make sure everyone is on the same page. Let your team know what your goals and expectations. Also, the people on your team should be able to explain things to you in terms you understand. Allow your team to give you an honest assessment of how things are going. You may have hired them to do the things you don’t want to do or the things you don’t do as well, but you are still responsible for your business and should understand how it is running. “I didn’t know” is never a good excuse when you are running a business.

So to recap, here are the 5 people who should be on your team as you grow your business:

  1. Administrative/Virtual Assistant
  2. Attorney
  3. Business Accountant
  4. Tax Accountant
  5. Marketer
Remember that this is just to start. As your business grows, your team should be growing with you.

Image courtesy of Ambro at FreeDigitalPhotos.net

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Mindset

Posted by on Apr 15, 2013 in Employee, Entitlement, Entrepreneur, Loner, Mentality, Mindset | 0 comments

Mindset – a habitual or characteristic mental attitude that determines how you will interpret and respond to situations


Everyone has a mindset. Our mindset is a significant factor in how far we reach in life. Do you have a got get it attitude or do you like to go with the flow? Do you like to go it alone or do you think teamwork gets you farther? Well here are a few mentalities I have seen in my practice.


  1. Entitlement – the belief that success should just happen because of who you are rather than as the result of any effort or hard work that you put towards your endeavors.  Common among teenagers, the entitlement mentality is often a sign of immaturity.
  2. Loner – the belief that you can succeed on your own with no assistance from others. You know, the self-made man. He takes credit for all his successes, but his failures are always someone else’s fault. He may be successful, but his employees will leave at the drop of a hat once something better comes along
  3. Entrepreneur – the belief that you would rather work for yourself than someone else. He will work for someone else for a while, but is always striving to break free. He understands perseverance and determination. He is also not afraid to ask for help when necessary. He is not interested in a handout, just a hand up from time to time.
  4. Employee – the belief that you would rather work for someone else than for yourself. He is content to work 9-5 and have benefits. He may strive to move up in the company, as long as he is able to maintain a work/life balance. He may even be willing to be loyal to the company, provided he is compensated appropriately. 

Perhaps one of these mentalities applies to you. Are you happy with your current mindset? If not, why not? Do you believe that your mindset can change? It can. But it depends on you and how much you want to change. If you’re interested in changing your mindset, contact me. I can be reached at 321-800-8520 or at truechangelifecoach@gmail.com. Don’t let your mindset hold you back.

Image courtesy of ddpavumba at FreeDigitalPhotos.net
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