The School of Self-Mastery: Business, Money, Life

172: 1 Year of Full-Time Entrepreneurship - Learnings & Lessons!

06.30.2016 - By Adrienne DorisonPlay

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Today is officially ONE FULL YEAR of entrepreneurship for me, and I wanted to celebrate by reflecting on my biggest lessons and learnings here for you, as well as giving away a FREE coaching/strategy session over in my FREE community. So, here we go! -- I didn’t need to make what I made in corporate to leave {so if you’re out there now and feeling like you need to match it -- revisit that} I needed to make my expenses {super small after I paid off my debt} which I was already earning more than that, but it gave me peace of mind to leave faster. -- Be consistent, take action, show up regardless of how you feel. Doing things only when you FEEL like it won’t turn you into the Visionary CEO that you want to be. -- Boundaries are important...learn to have them. -- Not everything will be a winner -- that’s okay, learn from it, tweak it, and try again - resiliency is key {live event, programs launched}  BUT you’ll never know if you don’t try it! -- You can’t do this alone if you want to go bigger. Growing a team is hard because you have to let go of control, admit you’re not the best at everything, lead people effectively -- but it is soooo worth it. HIRE THE BEST. Don’t nickel and dime yourself with anything less than an A team. It will bite you later. Pay your team first, pay yourself once your business is more sustainable. -- Taking risks is necessary. You won’t always be comfortable, no one likes to risk money, but everyone likes to make it. You have to be someone who is willing to take risks to create bigger and faster success. {I am so not averse to risk because I know the worst that happens is that I’ll go do something else if this flops} -- There aren’t really any emergencies -- so be calm, be someone you’d want to work for and with, take time for you, don’t panic {it’s annoying} --- we’re not creating oxygen here, seriously. -- Managing your money is important. I’ve been able to run my business fully debt free. After getting out of a ton of debt last year, I never wanted my business to run off debt, but I worked my tail off to generate cash flow, only invested with cash {but still made stretchy investments -- hey, no one likes handing over large chunks of money no matter how much you have} but knowing WHERE you need to invest is key. -- Don’t be afraid to hear no. I heard a lot of No’s over the past year, but most people don’t realize that because I also got a lot of YES’s. {just think, JLD said no to me before he said yes.} be persistent, take constructive criticism, improve and ask again! -- Building relationships is first and foremost for both connecting with peers, mentors, influencers and clients. Don’t ask for things from people you don’t know, build relationships with them and genuinely serve them FIRST, you’ll be much more successful that way, but you need to be thinking long term! -- You don’t need to have a huge list to make a big impact, you need to have an engaged list of people who know like and trust you. Treat them like people, engage with them, build connections and you will impact and serve them better. -- Whatever you want is attainable, just focus, think bigger, take action and get the support you need.  I never could have imagined what I’d create in just 1 year, which shows me the next year and so on is going to be even bigger and more impactful for others. Join me over in my FREE FB community for the giveaway. And don't miss out on my FREE 5 day challenge -- How to Build Your Business in 20 minutes/day -- where we'll be getting more results in less time! 

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