Monday, April 23, 2018
Taking Money to Make Money
Welcome to LilacsNDreams! Taking Money to Make Money with your business. Many decisions to be made. What have you decided you would like to focus on for your business? Vintage Collectibles, Antiques, DIY, Handmade, Restore, Blogging, Website, Freelance Writing, and there are so many choices you can choose. Also, do you want to do this part time, you already have a full time job and this will be a side hustle, or did you want to work from home full time too? We all have many ways we have started. Some of us are able to pretty much jump into things right away, some of us start and change our minds, some decide it's not what they wanted, and so on. I'm not gonna sugar coat this line of business. It takes a lot of work, a lot of time, a lot of patience, and I think you understand.
Remember that old saying "It takes Money to Make Money". This issue is something that we all stress about before we start, during the building of your business, and later on it still comes at you to haunt you too. This can be very stressful for many. Many of us will pull money from our own personal accounts By doing this we sometimes feel guilty along with worries too. Many times you will ask yourself are you doing the right thing, is this business worth it, am I being selfish using this money to do what I want to do, and etc.
We ask ourselves are we planning for our futures? Many of us will answer yes. With these thoughts we will have personal goals, personal dreams, and we like to plan ahead too. How many of us actually visualize, and try to focus with our business future?
I seen an article once that was inspiring, and it asked "If you were given $20,000 to invest, what would you do with this for your business?" So, how does one start with a list of things with your mind being so overwhelmed? It usually helps if you think long-term. It would help to have a detailed picture of what you want your business to someday become. A savings doesn't just happen for everyone. It comes with careful planning, and budgeting too.
Go ahead, and take some time with the thought of what you would do with a $20,000 investment. You will find your list not only consists of your wants, but also what you are needing for your business to grow and expand. Once you have made a list prioritize it. Which items are you needing first, second, third, and so on.
Income can be unpredictable, and you might find yourself holding back a little with your goal setting. Thinking of the $20,000 investment, and maybe a guaranteed salary might open doors, and clear away some of the fear and hesitation with your thinking. Redesign a website, work on your Blog, find a location to house inventory, then where to ship from, and see how your thinking can start to change?
When you look back over some of your ideas you might also realize that some of them are doable with your current situation you have now too. It's important to think past your current limitations which can then open up your plans for the future.
There are plenty of ways available to get some money. Getting a personal loan, maybe take out a small business loan, etc. Upon researching you will find that there are some lending services specifically for funding small businesses.
This is something that makes you think about business, and how often we hesitate to invest in ourselves. Money is considered common. The chance of creating something out of nothing, and building your own career. Well, there's nothing common about that.
I always read, was told, and believed that if you did something that is a desire/passion of yours you have chances of being much more successful with it. You enjoy what you are doing, and it does not always feel like work when you can enjoy it, right?
Thanks for sharing your time with LilacsNDreams! I wish you all a wonderful day with all you do. See you again soon!