PODCAST: Hack Your Knowledge: Mindset When Developing Your Brand and New Business

Hack Your Knowledge: Mindset When Developing Your Brand and New Business

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This is what is going through my mind right now. As I enter into the new year.

Managing the multiple layers of things that all need to happen at once.
Prospecting
Editing
Developing Content
Learning
Community Building
Customer Service
Asset Acquisition
Investing
Working your real 9-5
Being A Mess and Living Life a Beautifully imperfect Human life

AND opening this New Year with a BANG!

What are your hopes for 2017. What were you super proud of in 2016!? Leave your Comments below!

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Creating Opportunities to Collaborate – BEDA Day 21 of 31

Creating Opportunities to Collaborate – 

BEDA Day 21 of 31 

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Happy Sunday Everybody – Creating Opportunities to Collaborate

– How often do you do it?

– How often do you initiate something with you and a friend?

– How often do you work to create a new doorway, a new possibility with someone in your circle?

Right now its an obsession for me. I’m so focused on building. I don’t have much else to say, except don’t hesitate to reach out if you do want to work together.

5 Things to know before starting your Limited Liability Company (LLC) – BEDA Day 13 0f 31

5 Things to know before starting your

Limited Liability Company (LLC) – 

BEDA Day 13 of 31

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This weekend, at my training that I’ve referenced many times. I spent a good 15 minutes talking to one of my friends about her LLC. How she started it in Atlanta to do her community development work. She said it only cost her $50, and that now that she was in the NYC, she was thinking about having it transferred over.

Ever since that conversation, I knew that I too had to get my LLC. I made the goal to grab it before the end of the month. I couldn’t wait that long though.

I went on the NY State website, and was supposed to be printing out pages for references and research…. The very first page asks you for the name of your business. It checks it against the state registry. I hadn’t fully thought of a name yet. I have probably 100 different names I’ve written down and gotten test logos for.

I entered SkoolHaze LLC… It was available

At this point, I gave myself the freedom to jump in head first into what is sure to be a new arm of the journey for me.

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1 – Have a business idea or two or three. You can check my post from yesterday to see my three personal methods of creating business for myself. Your methods will look different than mine. But just have some.

 

2 – Do your research. I was making this post…. And I realized very quickly that I didn’t know anything about starting an LLC. Not enough to share with readers. Do enough research until you feel you know enough to make a decision. I applied for my LLC 2 days ago, I still don’t know everything, but I knew enough to know that I needed to take the next step in my journey.

Let’s take a second to learn a few things together:

1.3.12_LLC-590x2303 Forming-an-LLC-in-Flroida-22

 

3 – Know Your State’s Requirements.

Each state is vastly different. I’ve made a little table to demonstrate for you. Be sure to check your state’s official listings. However, you can jump to this link to do some quick and dirty research for the 4 basics: Filing Fee, Online Application, Publication Requirements, Annual Report.

Check your states info here: this link is just a reference apply DIRECTLY through your State gov’s website)

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4 – Talk to your peers and clients.

I’ve had quite a few conversations with my peers who talk about getting their LLC. How its helped open doors for their businesses. I’ve also had conversations with quite a few potential partners that spoke about wanting to do business with other people that “have their paperwork in order”

 

5 – Give yourself the freedom to begin new journeys!

I have been pondering for roughly 2 years about this business mess. How do I start it? What’s the right structure? When will I start saving money. What if I don’t sign up the right way? What if I choose the wrong name? I’m want to wait until my business is fully mature. I should wait until I’m out of school….

Nah – give yourself the FREEDOM to live. If you’ve been thinking about a business for a minute, and you know you have some balls rolling in the market. Be adventurous, take a chance on yourself, and jump in.

I actually didn’t have the money for my Limited Liability Corporation. I allowed myself to get caught up in the application and used some money from my savings. It was $200, so I knew I could cover it. But I knew I was going to feel the hit until I could replace what I had taken out of my savings. I returned home, later that evening to a $500 consulting check (I talk about it here)…

Let the energy of the universe take you on a cosmic journey!

Hopefully this helps.

 

There are missing points. If you have questions leave them in the comments!

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Knowledge Hacking: The 100-Page Manual To Master Your Craft & Unleash Your Powers To Get In Action To Success!

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Entrepreneurship Is The New Black: Counting Consulting Checks – BEDA Day 12 of 31

Entrepreneurship Is The New Black: Counting Consulting Checks

BEDA Day 12 of 31

Shout out to my mom. Today is her birthday. Love you pretty lady.

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You’re looking at a check I received for some consulting work I completed this Spring.

Back Story:

I was never a fan of gloating about money. But, I did want to show you that the idea that you can turn YOUR idea into a hustle and a business. That is a real thing. Ya boy Paladin did it. And I promise you yall are so much more talented than me. This blog was a Launchpad for my creativity. And now I get paid, on top of my teaching salary, to perform my skills for folks!

I want yall to be able to do the same thing. I already know you’re talented enough to! Now we just gotta give you a little blueprint to get you started.

The past 2 years I’ve pushed to break into the workshop and consulting scene. In the past year, I also hopped on the opportunity to obtain my personal training license. As a result. I was a legit entrepreneur in this year of 30. I’ve managed to identify at least 3 sources of residual income that I can bring in for Empire.

How to read this:

I’m going to share 3 sources with you. While I can’t be certain the real reasons these ventures have turned into revenue streams in my life. I do plan to describe my intentions and short trajectory in each. Remember, think course roadmap. Use my journey, tweak it for YOUR use and purpose, and go kick them doors in yo! (See my post tomorrow to know why I’m oh so serious about this!)

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Income Source 1 – Produce and Facilitate Workshops – I’ve run a handful of workshops over the past 2 years. To date I’ve run roughly 10 workshops ranging from 4 participants to 100 participants. My largest client to date has been my former graduate school.

Definition: A workshop is a presentation or performance in which a group of people are facilitated through a discussion or activity on a certain subject. Skills: Planning, Communicating with clients and audience, finding and modifying tools to share during workshop. Making any additional materials needed such Feedback survey, handouts, creating presentation PowerPoint/presentations, organizing photography and video collection. Training trying new types of workshops, not being afraid to work with large crowds, soliciting feedback from partners and collaborators. Income Type: Largest independent cashflow I receive. Currently have a bid out in the thousands. You’re invoicing here, which means you wont see your money for weeks, if not months down the line. Growth: Continue to search for larger audience. Develop partnerships with institutions to provide trainings and workshops for them. Learn additional skills and tools in the field. Start submitting to speak at more conferences.

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Income Source 2 – Personal Training Sessions – Last Fall, I became a certified personal trainer through the National Association of Sports Medicine (NASM CPT). I’ve taken on the task of providing private personal training lessons.

Definition: A customized fitness lesson used to improve someone’s fitness levels. Fitness can include weightlifting, aerobics, cardio activities, body weight training, stretching, etc… (I’m sure I missed a few) Skills: Conversation, Workout/Lesson Planning, Strength Training Knowledge, Exercise Safety Knowledge, Ability to push clients, Knowledge and application of force on the body, charisma. Training: Teaching is daily training for this. Each session I tried to create new and unique programs from my own knowledge. Income Type: Fast turnover. One client: Four 45-60 minute trainings sessions over 2 weeks would bring in roughly $180 -$240. At one time I was juggling 4 clients. I was brining in over $1,000 a month – and I was playing. Growth: Finding ways to maximize my earning potential. Currently can only earn when I’m with a client physically. Want to develop programs that can be utilized without needing me to be present.

Income Source 3 – Graduate School Technical Assistance – I’ve done some consulting work with my former graduate school. This all began from developing a good name with some of my professors. I pushed to produce excellent work, and that work ethic has carried over into consulting opportunities.

Definition: Consulting is a very vague word. To me, it means providing a company/entity services they either can’t or don’t want to do themselves. There’s BREAD in that! And a lot of super valuable experience points. Skills: Consulting work can be anything. For me it looked like grading papers and giving feedback, giving classroom lectures, creating teaching tools for the school like writing prompts, running focus groups, reviewing work expectations with students, helping students develop masters portfolios, etc… Training: Consulting is training to me. It allows me to practice the things that I want to learn how to do better. Anything that I don’t want to do I can either say no, or do it anyway to learn a new skill. Income Type: Invoicing, have to wait for invoices to be processed by clients. For 10 hours of work, I’ve billed $500. Growth: In order to be successful I need to develop better relationships with clients, potential clients, and potential partners.

 

Each of these methods has been a great confidence booster for me. While I enjoy personal training the least. There was something about knowing that if I ever lost my job, I could pick up clients and be ensured a secure livelihood that gave me freedom and confidence. Each method has built my confidence and skills. And both are equally important to me!

 

Reflection Questions:

Have you thought about consulting/running your own business before?

What skills do you have right now that you KNOW you can sell for profit?

What do your friends always ask you to do for them, but you say no?

(People had been asking me to be their personal trainer for at least 6 years before I finally got out of my own way by saying no)

What do you do at work, that you can use in private to make a profit?

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Tomorrow we find out about Limited Liability Companies and how to set them up. 😉

Drop your questions/thoughts in the comments! Lets make this an on-going discussion.

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