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18Feb

3 Strategies to Love Your Work

Posted by Marcel Sim in Work Life

love_my_work

Article contributed by Dr. Joey Faucette 

Remember the saying, “Do what you love and love what you do and you’ll never work another day in your life?”

Sounds great, but how do you do that?

Here are 3 Ways to Positively Love Your Work:

Love What You Do for Work

The physical and mental activity of your work must reward you emotionally in order for you to love what you do.

For some people, it’s mentally knowing a difference is made, whatever that might be. For others, it’s the physical exertion that creates an endorphin rush. You love your work when you intrinsically value it and enjoy most of the associated activities.

When that value is lost, you may have transitioned to another phase or season of your work. Working with a career coach around purpose is helpful to again love what you do.

Love Who You Work With

In the WEconomy, team is a given. You work with others to create and leverage more than your “I” can do.

You attract others to your team based on your core values, priorities, and unique contribution. Your core values and priorities create a commonality of why we do and how we do. Your unique contribution is complementary within the team.

Examine within yourself who you love working with and why and conversely who you don’t and why. Change what you can about the relationship. Either accept what you can’t change or transition to another team or workplace. Working positive is challenging enough today without dragging yourself to work because of a stressful team environment.

Love Who You Work For

Ultimately you work for two groups of people: your customers/clients and your family.

Your customers/clients are those persons whom you attract into your business in order to solve a problem they have. They need or want something and you supply the product or service that conveys the answer.

Do you love your customers/clients? If so, tell them as often as possible. If not, find some more to your liking. You also attract them based on your core values, priorities, and unique contributions.

More importantly, you work for your family. You work to achieve some measure of financial independence to invest time into your family relationships. You work to provide responsibly for the needs and desires of the persons with whom you chose to enjoy your most intimate relationships.

Let your family know often, especially this week, how much you love them and love working for them.

As you do, you now know how to love what you do and do what you love. So enjoy your Work Positive lifestyle!

About the Author

Dr. Joey Faucette is the #1 best-selling author of Work Positive in a Negative World (Entrepreneur Press), Positive Success Coach, & speaker who helps business professionals increase sales with greater productivity so they leave the office earlier to do what they love with those they love. Discover more at www.GetPositive.Today.



 
  


biz_finance

Article Contributed by John Baird

However long you’ve been trading and whatever stage of development your company is at there is always plenty to be gained from improving the way you organise your finances and financial processes.

Here are 6 ways in which you can look to do precisely that:

1 – Set realistic targets

Having clear goals set as benchmarks to aim for can help to keep motivation levels up in any context and small business operations is no exception. The key here is to set financial targets that are challenging but realistically attainable over a period of time, whether it’s a month, a quarter or an entire year’s worth of operating you have in mind.

2 – Speed up your payment processes

It is easy for small business bosses to be distracted in all manner of ways while going about their work on a daily basis but one issue that really shouldn’t go overlooked is that of payment processes. You’ve worked hard to secure sales and deliver a quality service but unless you have a proactive and reliably swift invoicing policy in place then all that effort can easily come to naught.

3 – Do more of whatever’s working

A key skill as a small business boss is identifying what you’re operation is doing well and where things are not going quite as well as they might be. Your financial accounts are often as good an indicator as any as to where the true strengths of your business really lie. It will be tempting at times to worry more about what you are not doing well as a business but doing more of what delivers profits is generally a more effective policy to pursue.

4 – Create a detailed financial plan

Having a few headline goals as far as your company’s finances are concerned can be a great motivation but a comprehensive financial plan will generally help inform decision-making processes on a day-to-day basis. Whether or not you’re the kind of person who loves pouring over financial figures, any time you spend analysing your accounts and assessing your company’s progress is likely to be time well spent.

5 – Keep learning

From the perspective of small business bosses in any field, gaining a keener understanding and appreciation of financial matters can be a huge advantage and one that makes a real difference. Whatever age or stage of your career you’re at, learning as much as you can about the financial side of running a business can only make you a better entrepreneur and improve the prospects for your company.

We all know that finances matter a great deal in the context of small business operating and even minor improvements in the way you manage your money can be crucial. With that in mind, if you can follow the above tips, you should soon see your company’s bottom line heading firmly in the right direction.

Author bio
John Baird is a personal finance and insolvency expert from Scotland Debt Solutions. He specialises in advising people on how to manage their money and deal with their personal debt problems.



will_inherit

In the challenging cut and thrust world of the entrepreneur, it’s all too easy to let the mundane aspects of life slip by. Making a Will is one of those things. We all think we have plenty of time, with more important or pressing things to do right now in launching or growing the business.

Given the uncertainty of the future, this can prove a costly mistake should the worst happen. Are you sure your hard-won business assets will land in the right hands when you’re gone? Entrepreneurs work long, hard hours to build their businesses, yet it can vanish in a flash if you don’t make your wishes plain by writing a Will.

Non-Marrieds Don’t Automatically Inherit

Marriage is somewhat unfashionable these days, but if you’re not either married or in a legal civil partnership, your partner has no rights whatsoever to any of your estate on your passing.

In an extreme scenario, a business partner could cut out your life partner completely, leaving them high and dry should they try to claim any of your business assets.

But even if that weren’t to happen, making a Will allows you to have your say in how your business affairs are taken care of and can include such things as:

  • Personal loans that may be outstanding to the business
  • How the business is run during the administration period
  • The sale of the business to other business partners

Tax implications can have an impact on the running of a business after your passing, so taking specialist tax advice on how to organise your affairs in a Will can be a great help to those taking over your estate.

If you are married, give a thought to any stepchildren. They have no right of inheritance unless you specifically mention them in a Will and make suitable provision.

Sobering thoughts, but easily dealt with just by taking the time to make a Will.

How To Make A Will

There are various common routes to Will making:

  • DIY, via Will kits you can buy over the counter in High Street Stationers. These are legal but, as you have to write the Will yourself, there is a high risk of mistakes or errors that could lead to a Will being challenged and found invalid.
  • Online Will-writing services or Will writers. Also legal, but look for ones that offer to have your Will looked over by a legal specialist.
  • A solicitor. The safest route, since those with probate experience can make sure you’ve considered all aspects and have left nothing out. Even if you consider your wishes straightforward, there may be complications you won’t have thought of on your own.

Take care when choosing a service because Will writing is unregulated. Chose a Will writing company that belongs to the Institute of Professional Will writers, or look on the Law Society’s web site to find a solicitor with probate expertise in your area.

It’s also possible to get Wills written through Trade Unions and, finally, several times each year a couple of organisations offer free Will months:

  • In November, Will Aid offers Will writing services. They’re offered free, although it’s hoped you’ll donate at least £95.
  • In March and October Free Wills Month offers Will writing services to those aged 55 and over.

Donating to Charity

Many entrepreneurs like to leave a legacy to a favourite charity in their Will, and there are various ways you can do this:

  • A Reversionary Gift – leaves the income of your estate to your family but the capital passes to the charity on their passing.
  • A Residuary Gift – leaves a share of your estate to a charity once dependents and friends are taken care of.
  • A Pecuniary Gift – leaves a specified amount of money to a charity.

A solicitor can help you work out which method would best suit your circumstances – or contact the charity for more information.

Making a Will should move up everyone’s priority list, but for entrepreneurs who need to consider their business assets as well as their personal ones, it’s even more important to make provision for dependents.


5-questions

Article Contributed by Dr. Joey Faucette

While studying Great Depression businesses created by successful entrepreneurs, I discovered five core practices that were daily habits for them. They asked themselves five questions daily that charted their course to success.

You become a successful business person, also, by asking yourself these same five questions daily:

What Am I Thinking?

It really is all in your head. Everything starts or stops there. Your thoughts guide your every action, relationship, and sale. Your thoughts either help or hinder your journey through the current economy. Your business either succeeds or sucks because of your thoughts.

Positively successful people guard their thoughts religiously, insuring that they only rent space to positive ones. They place border guards around their mind that maintain a singular perspective: focus on the positive and filter out the negative. They have little patience with purveyors of negativity—think 24/7 news channels—and constantly feed their minds mentally positive nourishment.

Who Am I Attracting?

While success begins in your head, it bears fruit in relationships with customers, clients, suppliers, team members and others with whom you invest time. As Jim Rohn reminded us so well, “You are the average of the five persons with whom you spend the most time.”

Positively successful professionals guard their relationships like their thoughts, insuring they invest time only in positive ones. They have firm social boundaries that limit availability to negative persons—“Eeyore Vampires”—and focus on attracting ideal customers, clients, team members, and suppliers. They know it costs too much to do business with some people and delete them from their contact databases.

Why Am I Working?

Success begins in your head, and reflects back through relationships into your heart. “Why am I working?” clarifies your purpose and desire. Successful people engage emotionally on a passionate level with their labor. Their work matters.

This positive engagement fuels their imagination and frees them emotionally to discover solutions to customers’ problems in innovative, added-value ways. Such creative expression satisfies their “Why?” and furthers their success journey.

How Am I Doing?

Positively successful business people understand that the what, who, and why questions beg for reflection, i.e., “How am I doing?” The key is to acknowledge areas for improvement while accelerating what’s moving forward now.

Their singular focus is, “How am I strategically acting on my what, who, and why?” This positive focus is the clear pathway to successful achievements.

Where Am I Going?

These Great Depression gurus understood that once positive results emerge from their positive mental, social, and emotional achievements, the successful path requires sustaining. You must keep going.

They discovered that what serves them best is to serve others. They ethically acted in the best interests of their team and community, giving servant leadership to improve others’ lives daily. Gratitude for their achievements fueled their philanthropy.

So how’s your work? Ask yourself these five questions daily and enjoy success as you Work Positive!

About the Author

Dr. Joey Faucette is the #1 Amazon best-selling author of Work Positive in a Negative World (Entrepreneur Press), Business Success coach, & speaker who helps business professionals increase sales with greater productivity so they leave the office earlier to do what they love with those they love. Discover more at www.GetPositive.Today.



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