“Transition From Employee To Entrepreneur”

If you are a regular reader of my blog/Ezine, I am sure you know about my strong passion for  learning, implementing and coaching employees transitioning to an Entrepreneur. I always look for clues about handling negative emotions, strategies and tactics on how you can turn around from feeling like a Victim to a Victor, in an entrepreneurial game.
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“Eliminating your regular paycheck barrier with Lalitha Brahma”

In this blog post, I will be sharing an article from yahoo that reminded me of my transition from Employee to Entrepreneur..

More on that later…

“Three Tips To An Entrepreneur”

Based upon the success story mentioned in the said article, here are the 3 tips that have helped me and my clients:

Tip 1. Work on your internal communication with yourself (self-talk). Do whatever it takes, may be meditation/Yoga/EFT/Exercise to LET GO of fear, doubt and panic and ALLOW trust, courage and compassion for yourself and others. (more…)

“Questions That Stop A Brand New Entrepreneur”

As a brand new Entrepreneur, have you ever got excited about doing something and got stuck? It could be, offering your expertise and charging for the same or selling your own product or someone Else’s product as an affiliate. The first question that comes up is What is the guarantee that my expertise/services/product will produce revenue? Will someone pay for my service?

As soon as we ask ourselves this question, we get hung up from moving forward. I have been there several times. In fact as an entrepreneurs, you must be experiencing this moment almost every day.

Having worked for an employer for several years, I never had to go through the pain of making such a decision, because my employer would take care of them. However, when I became self employed, I had to learn certain facts in a hard way. (more…)

Entrepreneur and Emotional Conflicts

When I transitioned from an employee to an Entrepreneur, I had variety of emotional conflicts that prevented me from taking consistent action to operate my business. I am sure you can relate to this feeling. From my coaching experience I learned that the emotional conflicts arose due to fear.Apart from having several fears, the following three types of fears made a huge impact on an Entrepreneur

Three Major Fears That Affect An Entrepreneur

Fear of loss: As an employee, we were bound by certain rules and regulations of the employer. As long as we followed these rules and performed well, we got paid. Our regular paycheck motivated us to work consistently. However as an Entrepreneur, you are your own boss. Even though initially you may feel very good to be your own boss, you must be prepared to pay for your mistakes and poor judgments with your own money with a possibility of incurring a loss.
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“Eliminating your regular paycheck barrier with Lalitha Brahma”

Fear of failure: We are mentally programmed to think that having a job is secure (which is not completely true). Hence when we lose our job, we tend to feel helpless. When you operate your business, fear of failure is stronger because you put your reputation not just with one employer, but with each new customer.

Fear of Rejection: In a job you, as an employee normally work with your boss, peers and subordinates. As you get to know them gradually, there is hardly any fear of rejection. However when you operate your business, you must find ways to market effectively. You will have to contact several prospects/ potential customers/Service Providers. Not all of them will say yes to your services or product. Hence you must be prepared to face the fear of rejection.

Action Points For A Frightened Entrepreneur

It is very important to become AWARE that these three fears can affect you as an Entrepreneur and eventually, the growth of your business. Once you are aware, you can make a decision right now to take consistent action to conquer these fears. It could be by way of reading an empowering book or listening to an audio or doing activities that can help you become a courageous and empowered Entrepreneur

Learning New Things And Your Business

A Small Business Owner/Consultant starts a business because he is an expert in something. The truth is, while operating your business, you are always learning something new, to find ways to improve upon and grow your business. Even though learning new things may seem to be fun, it can be frustrating if you are NOT sure of YOUR best way of learning new things and transforming it into a Revenue Producing Activity (RPA). When you are not sure, you are afraid of learning new things, that are necessary to run your business.

Five Ways Of Learning New Things

In my experience with my clients, colleagues and friends, I have found these Five ways of learning new things and transforming it into a Revenue Producing Activity (RPA)

In a quiet environment: Some people can learn and do their best when they are alone. When no one is around, they are able to focus completely. If you are such a person, never underestimate the need to be alone. Just block 2-3 hours of quiet time either in the morning or in the evening for this purpose.
Example of RPA-Writing your article or newsletter
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“Eliminating your regular paycheck barrier with Lalitha Brahma”

Being a part of a team: Some business owners learn and work well when they are in a group. When they are a part of a team or group, their creativity sparks in. They are able to use the ideas generated in the group and easily implement it in their business. You can create a mastermind group that consists of like minded business owners. Ensure that the group is small and meets regularly. Meetings could be held face to face or virtually.
Example of RPA: Webinars/teleseminars to discuss industry updates.

By writing on paper: With the invention of computers, PDAs, iphones,iPad etc this may seem outdated. However, this works best for me to get my tasks completed quickly, easily and effortlessly. If you are a techie, feel free to use the above gadgets. The key here is to record it somewhere. When you do so, you are putting your heart and soul into it, your mind is free from clutter and you can be sure that Universe will come forward with resources to help you achieve what you want.
Example of RPA: Your daily, weekly, monthly Action Plan.

Speaking and hearing yourself: Some people create an audio of what they speak in meetings/seminars, transcribe and get inputs from their audience and readers. They learn best from the inputs of their audience and readers.
Example of RPA: Creating your information product such as ebooks, audio books.

By listening: Some people are primarily auditory in nature. They learn and work best by listening. I personally like this very much, because, while listening I can work out in a Gym or even do some errands. This saves my personal time and I feel empowered.
Example of RPA: Listening to recorded calls from your Coach, mastermind group.

Learning New Things-Action Steps

You may choose any one or all the styles that best suit YOU .The point is to be AWARE of what your predominant style is and utilize that style in executing your revenue producing activity (RPA)

Action Steps:

Here are the two things that you can do right now:

First, read this article as many times you want to, sit quietly and identify the style you used primarily in the last 30 days, for learning new things.

Now use YOUR best style of learning new things and do at least 3 of the Revenue Producing Activities listed above.