Archive for March, 2009

Is Your Desire To Be A Successful Female Entrepreneur?

It may be your goal to be a successful female entrepreneur. I guess you’re fairly clear with what a female is, but what is your definition of success, and how would you define an Entrepreneur?

Entrepreneur has many meanings. If you want to know exactly what it means, just keep on reading.

A person who assumes business responsibility and the risks and rewards that go along with it is called an entrepreneur. As an entrepreneur, one expects to make profits, whether big or small, depending on the business he or she is involved in. Generally, the entrepreneur decides which product or service to offer, obtains the needed facilities, hires the required labour force, acquires production materials, and provides the capital required to set up and run the business.

There is no assurance that the business will become a success. However, if the business proves to be a success, the entrepreneur will reap all the benefits and rewards in terms of the profits. In case of a loss, the entrepreneur will also be the one to suffer.

Assuming business responsibilities is definitely not an easy task. Not many individuals are willing to take huge responsibilities, and most especially take all the risks. Only an experienced and knowledgeable individual will dare to become an entrepreneur. The goal of any business owner or entrepreneur is make money and to ultimately earn profits.

Today, many women call themselves entrepreneurs because they are in business for themselves. However, unless they are really growing their business, earning profits, and seeking assistance with either staff or outsourcing, they are not really female entrepreneurs. I hate to say it, but they are simply - self employed. They have in fact bought themselves a job.

So, how can a woman become a successful entrepreneur?

As the most important person in her business venture, a female entrepreneur will be the one to decide which product or service to offer. She must be able to determine the problems and needs of the target market and provide the solution to such needs.

A careful study of the target market is required. This takes time and a lot of research because it is a huge mistake to just offer a product without being absolutely sure of a number of things.

1. Is a solution required or desired?
2. Can the market afford a solution?
3. Is there enough of them to sustain and create profits for the business?
4. Are they easy to be found or contacted?
5. Can you become an expert in this niche?

It is also necessary to research the competition.

1. Is there already competition?
2. What can you do differently?
3. Are you able to compete and capture enough of the market?
4. Determine your Unique Selling Proposition

Once the research has been done and products or services are identified, it is now time for you as the female entrepreneur to get down to setting up your business with the absolute best products or services to cater for this niched target market.

Do you have the capital to provide the solution? Where will you base your working office? Do you have the expertise to fulfill the requirements for the solutions you will provide? Do you have the technology?

If you want to become a successful entrepreneur, you have to work on concepts such as ROI or return on investment, compounding capital, economy of scale, speed of business returns, and many others.

You must also have the right attitude and qualities. You have to be hard working. You have to be willing to work many hours of the day or night especially if you’re a beginner.

Are you a risk taker? Most entrepreneurs are not afraid to take risks. This doesn’t mean that you enter the market with your eyes closed hoping for success. Entrepreneurs are willing to take risks especially if after a careful study they can see high chances of success.

Successful female entrepreneurs also need to be organised and know how to deal with different kinds of people. If you can build good will and you can win the trust of your customers and subscribers, your business will be much more likely to succeed.

If you have these qualities, then you’re on your way to becoming a success.

If the business succeeds or fails, it is all because of the characteristics of the female entrepreneur such as her mindset, expertise, determination, confidence, support, capital and more.

Now that you know what an successful female entrepreneur is, would you like to become one? Well, if you have the right attitude, skills, and qualifications, you too can become a successful woman in business.

It would be best to embark on a humble beginning. Don’t attempt to reach the peak of success all at once. It takes hard work, dedication, and perspiration.

Set your goals and intentions and take one step at a time. The majority of female entrepreneurs fast track their journey and experience less struggle and overwhelm by seeking the services of a coach to keep them on a direct path to their success.

Danette Hibberd

Filed under: Entrepreneur Tips — Tags: — Danette Hibberd @ 5:17 pm

In my opinion, failure should be deleted from all of the dictionaries today.

We are surrounded by people who, because of the economy, have lost money, have lost their jobs, are perhaps not as well off as they were 12 months ago, thinking they have failed.

Does the word failure bring up negative thoughts for you? Have you ever held back on doing something because you were afraid of failure? Don’t be afraid to admit, because most people have! Let’s face it; no one likes to fail. None of us likes to feel that we’re ineffective, weak or lacking in any way, and that’s exactly how failure makes us feel.

However, you may be surprised to know that failure doesn’t exist – until YOU say it does.

In the dictionary, failure has several definitions:

1) a failing to do or perform
2) a state of inability to perform a normal function adequately
3) a fracturing or giving way under stress
4) a lack of success.

Look carefully at those definitions and you’ll probably realise they have one thing in common when it comes to goal achievement: failure is a PERCEPTION.

If you believe you have failed, then perhaps you have. If you believe you don’t have the ability to succeed, then, sadly, you don’t. If you believe you can’t handle the pressure of achieving your goals, well you can’t. If you believe you’re not successful, then guess what? You aren’t.

What would you do, if you knew you couldn’t fail? How would that make a difference to the way you approached things from now on?

Failure only exists in your own mind! The moment you decide to give up or stop working toward your goals, failure is born.

But what if you never do that? What if you continue working toward your goals, one step at a time for as long as it takes? There’s no failure then, is there?

This insight should be very encouraging if you’ve been working toward goals and not yet seeing positive results. Simply keep going and you cannot fail!

Here are three tips to help you stay strong and focused on your goals:

1) Never give yourself an out. Most people do this without even realising it. They are willing to work hard on achieving their goals, until the going gets tough or their motivation dwindles. Don’t do that! Commit to making your goals happen, no matter what! Never quit, never contemplate admitting defeat, and never lose your inner determination.

2) Don’t get hooked on a specific timeframe for completion, but be flexible. It’s great to set a general timeline, but be aware that sometimes circumstances will be beyond your control, so you can’t say for sure when your goal will be achieved. If you’re too rigid, you’re just setting yourself up for failure! Instead, get a general idea of when you’d like your goal to be completed, but then take it a day at a time and focus on making progress, not reaching the finish line in as little time as possible.

3) Finally, be sure that you don’t view obstacles and setbacks as failures. The two are completely different. An obstacle, setback or delay means only one thing: it’s not time for your goal to be completed yet. That’s it! It doesn’t mean you failed; it doesn’t mean you’re weak; it doesn’t mean you’ll never achieve your goals. It simply means you’re not done yet. You’ve got to keep moving forward and find a way around or through the obstacle.

Remember that there is no such thing as failure - it simply doesn’t exist.

What do we have instead?

Feedback!

That’s right. We are simply being made aware that what we are doing, or how we are doing something isn’t working and we therefore need to try something different.

Sometimes it may be necessary to speak to a buddy, a mentor or someone to give you some support as you try to figure out the different route to take when those times get tough.

Always remember to replace your thoughts of failure with the seeds of feedback and you will always be successful.

Danette Hibberd

Filed under: Motivation, Pers. Empowerment — Tags: , — Danette Hibberd @ 7:41 pm

How to Make The Right Choice - It’s Your Decision To Choose

Choices and decisions can be difficult - so how do you know what’s the right thing to do?

I’m sure you have experienced times when you’ve felt nervous about making a decision that could affect the rest of your life. Sometimes even seemingly minor decisions can send you into a fit of anxiety when you begin thinking of all the things that could possiby go wrong.

It’s fairly common for people to vacillate back and forth between several choices, whether they are related to career, money, business, opportunities, or even relationships. How do you know which choice is the best one for you in any given situation? Sometimes the best choice is obviously plain to see, but other times they all seem to hold a glimmer of possibility - and the threat of regret.

The good news is that making wise decisions is a matter of weighing the potential pros and cons of every available outcome.

Below you’ll find a simple 3-step process to help you make wise decisions no matter what part of your life they may affect. This straight forward process will walk you through how to make the right choice - every time.

1) What Do You Stand to Gain?

When you’ve got more than one option to choose from, a great first question to ask of each one is, “What do I stand to gain from choosing this option?” If the rewards are big, you might be willing to withstand a bit of risk in order to benefit from the opportunity. Conversely, if the payoff would be small, you might not feel so confident about taking a chance right now.

2) What Do You Stand to Lose?

The next question to ask is, “What do I stand to lose if this option doesn’t work out?” No one likes to think of the negatives in a potential opportunity, but you could save yourself a lot of heartache with a bit of foresight! If your losses could be huge with a particular option, you might decide to hold off for awhile to see if the odds improve over time.

3) What’s the Worst Thing that Could Happen?

Finally, take it one step further and ask, “What is the worst thing that could happen if I choose this option, and would I be willing to accept those consequences?” It may seem like a very pessimistic question, but it’s extremely effective at clarifying the situation as well as moving you out of procrastination! If you couldn’t handle the consequences of making such a choice, then you know immediately that it’s not the right choice for you at this time. If, on the other hand, the consequences wouldn’t be so bad, you know it’s a viable option for you.

What do you do if all of your options hold the same potential rewards and consequences? Go with your gut! Take a few minutes to think carefully about each possibility, and then choose the one you feel strongest about.

When it comes right down to it, there are no guarantees in decision-making. You simply weigh the pros and cons, listen to your intuition, and do the best you can. In the end, there really isn’t any such thing as a “bad” decision, because you do learn something from each one you make. If you keep that in mind you should grow more confident with each choice you make, which will help you make even better decisions in the future.

Remember that each decision is yours to make, so understanding how to make the right choice will allow for easy decision making from now on.

Danette Hibberd

Filed under: Welcome — Danette Hibberd @ 8:35 pm
And I’m - Twitter News
Wednesday, March 4th, 2009

    follow me on Twitter


    Filed under: And I'm - Twittering — Tags: , — Danette Hibberd @ 4:20 pm

    “How to Create Hot Info Products Guaranteed to WOW Your Audience Every Time”
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    Click on this link Create Hot Info Products and scroll down where you can also download a FREE report covering much of what was covered in today’s call. This report will not be free for long as I will be charging the going $17 for it shortly. So, grab it now!

    Why have I called this the WOW program?

    Work Once Wisely

    If you’re wanting to know what to create, where to start, how to research, need templates to use, stuck on technology or being held back by any challenge, I suggest you take advantage of this special offer to get yourself on the road to creating multiple streams of passive income, free up your time and leverage your effort and expertise by shifting your business model from one to one to one to many.

    Filed under: Welcome — Danette Hibberd @ 6:52 pm