A simple strategy - Create A Success Team to Accelerate In Business

The road to success for female entrepreneurs or solo professionals is rarely easy. But, know that you don’t have to go it alone.

You can utilise the same principle that has been employed by the large corporations and heads of government for the past 70 years. In fact, you can create your own board of directors.

The principle that emerged with the late Napoleon Hill during his time as he researched and interviewed hundreds of the world’s wealthiest men of the time for his major personal development and wealth creation work, was the practice of Master Mind.

You may recall that when Napoleon Hill researched and interviewed hundreds of the world’s wealthiest men of the time for his major personal development and wealth creation work, Law of Success and then Think and Grow Rich, he came up with the theory of Master Mind. This principle is in fact Lesson One of the Law of Success in Sixteen Lessons.

Hill’s definition of Master Mind was “a mind that is developed through the harmonious co-operation of two or more people who ally themselves for the purpose of accomplishing any given task”, and “is created through harmony of purpose and effort, between two or more people”.

Thus, you can make the same Master Mind principle work for you.

How?

Form your very own Mastermind or Success Team.

Let’s go back - to a time when you attended a live event or seminar and because of being amongst like minded, positive people, you were really excited about your potential for what you could achieve.

Perhaps in the midst of all your excitement you saw yourself achieving success, set some really big goals and maybe you even vocalised them, telling others about what you were going to do.

Sound familiar? If so, keep reading as the following may also ring true for you.

Later that week or even several weeks later, the goals you had set start to sound unrealistic or negative chatter rears it’s ugly voice inside your head. Whatever the reason, you got discouraged and you no longer feel so enthusiastic about your potential for success. It had all been wishful thinking.

Be aware, this happens all the time and is not your fault. In today’s society there is so much negativity, including discouragement, disappointment and of course distractions. These forces may be overcome with both strong belief and discipline.

Sadly when we do feel disheartened, we tend to doubt ourselves, say negative things such as we’re not good enough, we’re not strong enough, not motivated enough, not skilled enough and so on. However, the fact that we have become ’stuck’ on our way to achieving more is most likely that we lack one thing.

What is that? Support.

A common fact for the solo-professional, most female entrepreneurs or work-at-home people is that the journey can seem long and hard. On top of that, the road is often lonely. We become overwhelmed because now we are trying to do the gamut of tasks to run the business, whereas when employed, we concentrated on one particular role. Now, we are responsible for the marketing, the technology, the customer service, the creation and production of products, writing, meeting clients, accounts, record keeping, controlling databases … the list goes on. In this crazy world, we also miss the stimulation and support of other coworkers.

But remember as I said earlier - you don’t have to be a one person band all the time. You don’t have to go it alone.

You can easily gain help, assistance and that yearned for support by joining an existing or creating your own success team. This doesn’t mean you need to hire expensive consultants or professionals, but as the saying goes ‘two heads are better than one’. Imagine the difference if there were four or five heads!

What Is A Success Team?

This is simply a group of like-minded people whose goals are to help each other achieve their goals. It is important that each member agree to assist the others, and not just be on the ‘take’.

Working with this concept will really harness your potential, and enable you to reach your goals with a lot less stress, worry and doubt.

How Does A Success Team Work?

Members of your team provide each other with the support, encouragement, information, knowledge, contacts, and more. Many problems that were blocking your progress can easily be solved when discussed openly with the members of your team. It is not expected that others solve your problem or do the job for you, but instead you will be encouraged to discover the means to pursue and eventually achieve.

Generally, an appointed time and date is scheduled - either weekly or fortnightly for a period of about two hours. Each member is allotted an equal amount of time to present their task at hand, any challenges and any successes. As well as receiving support, they will offer suggestions, feedback and alternatives.

The two most powerful questions asked at Success Team meetings are:

1. What do you want to achieve?
2. What’s stopping you?

As each team member continues to ensure the other members of the team remain focused on their goals, progress is inevitable and success is achievable.

Why will the team members offer to help you?

Because you will do exactly the same for them.

- Your problems will seem less challenging when faced objectively in the group, as they are always worse in our own mind.
- Creative juices begin to flow as others seem to have better ideas than we do.
- Your courage is boosted as others are usually more brave than we are.
- Other team members may also be escaping their own feelings of loneliness

As the expertise of each member of the success team may be in a different area, when all heads are put together the results are usually amazing. Having the company, the collective ideas, the amassed expertise and the support will enable you to experience more success than you would if you were to ‘go it alone’.

When joining a mastermind group, or creating your very own success team, the ideal number of participants is four or five. Having fewer members restricts the expertise, the creativity and increases the chance of dropouts and meeting cancellations. Too many members will either make the meetings go on too long, or limit the amount of time each member has to present their case.

When creating your success team or seeking a master mind team to join, it is preferable that members be acquaintences rather than best friends, people you trust and ones that you know are willing to contribute.

To boost your chance of succeeding in business as a female entrepreneur or a solo professional, don’t continue to try to everything yourself. Avoid being disheartened, staying stuck or being filled with anxiety and doubt.

Find a master mind group to join. If you can’t find one - create your own Success Team.

Your goals will be achievable and your success inevitable.

Do you want to accelerate in business by being in a mastermind group or success team? - Check our Platinum Membership Program - become part of a monthly massive momentum mastermind group which will provide you with extraordinary knowledge, strategies and support to go for your goals

Danette Hibberd

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Note to all female entrepreneurs, women in business and solo professionals.

To be a successful female entrepreneur, you need to understand the requirement to develop multiple streams of income today. The first step to financial freedom is the ability to create a passive income, and to achieve this, it is their ideas and their expertise which they trade, not just their time.

Women who take on the role of an entrepreneur, establishing a fully fledged or smaller home based business, and even those in the corporate world can learn how to turn their passions into profitable income streams.

So, how do you create an active income using your expertise?

For those solo professionals in the service industry, an active income can be achieved in a number of ways including conducting seminars and workshops, public speaking, and services such as consulting and coaching. In other words, your income is earned in exchange for your time. As long as you are ‘face to face’ or one-on-one with your customers, you have the ability to earn. Mother nature ensures that there will only ever be 24 hours in each day, therefore a ceiling is created on the amount of active income one can earn as it is relative to the input of hours at work.

Were you aware that you can also earn passive sources of income?

Fortunately, it is now so much easier to earn additional income passively. These avenues include licensing and selling your products and programs, reports, assessments and even selling someone else’s products or services, otherwise known as affiliate marketing. All these avenues may still utilise your expertise however and they give you the ability to create enormously profitable income streams without the need to trade your valuable time.

In other words, you have the ability to earn ‘while you sleep’.

Therefore, it is important to take a check of your life, and ensure that you continue to create wealth by freeing up more of your time and switching to ways where your income is earned from more passive sources.

We, as female entrepreurs know too well the feeling of being trapped in our business, not having enough time to take care of our career, our families, friends and still find time for ourselves.

With all the tools and resources available to female entrepreneurs today, it has become easier to redesign your business around your preferred lifestyle, freeing yourself from working in your business, and instead working ‘on’ the business. The perfect scenario is to work less, earn more and live your life on your terms.

Did you know that due to the popularity of the internet and especially the web2.0 marketplace, the most successful way to leverage your expertise into an extremely profitable business is turning your expertise or what you know into products and programs. In other words, you must create information products.

Information products will enable you to create instant passive income. With the right systems in place, your business can run on auto-pilot, being fully automated to let the money continually roll in even while you sleep. For your business to be automated, you will need the right technology, systems and support.

But where do you start? It all sounds easier than it is, right? As long as you have the desire to succeed as a female entrepreneur or a solo professional in business, it is important to position yourself in your micro-niche as an expert, then use your expertise to create your own information products to teach others what you know and help them solve their problems.

The following 7 hot tips will show how you, a successful female entrepreneur, the steps to model your business around your expertise, put your business on auto-pilot and create a lucrative passive income by leveraging your time, earning more whilst working less and live the lifestyle you desire.

1. The first tip is to establish yourself as an expert.
Use the internet to brand yourself and become known as the expert in your niche around the globe. This will raise your profile, and have others seeking your lead and your expertise. Because you are ‘the expert’, others will not only want to provide you with an active income through one on one leadership, but will be more apt to purchase your products and programs resulting in a great passive income and freeing up more of your time.

2. Design your passive income marketing funnel
The marketing funnel is a process whereby you establish trust with your many prospects in the beginning by offering free reports, newsletters, audios, videos or similar. Allow them to ‘taste’ what you offer with little or no risk or cost to them.

This process allows your prospects to become potential clients as they may move down the funnel where you offer higher priced products or services. As they progress down the funnel, it becomes easier to sell your high end services as by now they fully trust and believe what you have to offer will be of certain benefit to them.

Don’t make the mistake of trying to sell your high end products initially. This will more than often result in losing the prospect before you have a chance to let them know who you are or what your expertise can provide.

3. Learn the skills and info-preneur strategies to create passive income
Multiply your profits by creating information products with what you know and use the power of the internet to create instant passive income. Look around and see the many different ways you can package your information and sell it online. Learn about content development to leverage the content you already have from your presentations, articles and workshops. Learn marketing strategies such as article marketing, web 2.0 marketing, affiliate marketing, social networking, blogging and pay per click advertising to determine which tactics are right for you and your business.

4. Nurture your creativity
Both creativity and innovation are key to thinking about new ideas and what you can do for the future of your business. It is important to block some time out in your week specifically for creative right-brain, intuitive thinking. It is during these quiet times that you will get your inspiration. Sadly, when you are constantly busy, you have neither the time or energy to come up with new ideas for writing or creating programs. And how can you create a passive income stream if you don’t have the products?

5. Use systems and automate
The key to leveraging your time and expertise is the use of systems. Install a system for every function in your business to make sure that you do one thing only once, and then it should be either delegated or automated to be done in future. Systems and automation can be set up for such procedures as getting client referrals, for contact management, for delivering your newsletter, recording sales, taking payments, for your recordkeeping, for marketing, conferencing, teleseminars and for product development.

It is true that everything you do in your business can and should be made into a system. Reduce the day to day tasks that zap your energy and inhibit your creativity by leveraging the power of technology and the internet.

6. Delegate
Your business will plateau or even stagnate if you try to do everything yourself. Although often difficult in the beginning, it is important that you learn to delegate. Surround yourself with a great team to support and help you create your highly profitable business. Outsourcing has become a popular exercise where you can delegate those tasks you either don’t like to doing or those that take you away from doing what you are good at. Try to concentrate on the tasks that ‘earn you the money’.

7. Seek a mentor and support
In order to grow yourself and your business, to make more money and be as successful as your vision, you will need to seek the support of a mastermind group or a coach/mentor to motivate and drive you. Too often, female entrepreneurs are coaches themselves, and feel that this support is unnecessary. Oftentimes when their businesses are in the early stages, finances are continually being spread over to other areas and this important mentoring is ignored. Remember, even the very successful multi-millionaires continually use mentors to maintain their businesses on the cycle of success.

Finally, use collaboration with others and joint ventures to leverage your expertise. As long as you have a purpose and passion for your business, your success will continue and keep growing with your contributions and your followers.

Have a think about your business. Are you trying to do everything yourself? Are you giving yourself time to be creative? Are you making use of strategies and resources of experts that have done it before? Or perhaps you are continually trying to re-invent the wheel.

Fast track your journey and leverage your expertise to be the successful female entrepreneur that you desire to be.