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I firmly believe self-development is a constant process. We retain so little of our book learning. We have to go back and refresh our skills constantly, or should I say "sharpen the saw". I've created a list of the GAME CHANGER "business" books I CANNOT live without. Ok, I could live without them, but I would not be nearly as productive, successful, motivated, or focused as I am without these go-to books. They are my business and productivity bibles, and I go back to them with every new major business venture I've taken on. And funny enough, I get new insight each and every time. I'm currently re-reading Dale Carnegie's book, and although it's my fourth or fifth read, I'm like wow - this stuff is GOLD for me right now.
What are your go-to business books? Any Rich Dad, Poor Dad fans out there? That one has always been on my radar, but I've never got around to it.
Assessing Financials of Your Start-Up Ventures & The Ugly Side of the Side Hustle
Last week I took the time to put some numbers to paper for my 3 baby start-up ventures (HTX Mom Blog, The Modern Wreath Co., and The Social Admin).
I calculated the income I thought I could make in the next few months of my 3 start-ups. Then I did the same for the first year, and then I went balls to the wall and hopped on the “what if my wildest dreams came true” train and forecasted out 5 years of kicking ass and taking names, hard-earned entrepreneurial income.
I calculated what my projected expenses would be for these start-ups for the first few months, first year, and the those amazing and dreamy first 5 years.
I estimated the value of my time, as in I actually assigned myself a rate per hour.
And what I came up with was…
Well, to be frank, it was discouraging.
This week in entrepreneur-ville....
Everyday it is a struggle for us to make time for all of our ideas, sift through the ideas to determine which will return the most value, and to just let some ideas go.
Mommy. Houston gal. Career woman. Entrepreneur. Fashion lover. Avid ogler of pretty little things (shoes).
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