Just a share...

by Jenny Ford in , ,


Standing at the precipice of beginning a new business can be quite daunting. Should you dip your toes in the water to see if it's warm, or should you jump right in and learn as you go? 

There really isn't a "right" answer. I think us entrepreneurs must prepare to the best of our abilities while learning trust our experience and strengths to get us through uncharted territories. 

Lucky for those of us living in this day and age, we have such amazing resources and materials at our fingertips constantly, aiding in our decision making and informing those leaps of faith, and dips of toes. As much as I love to create my own content, I just had to share this fabulous article by Kat Williams of Rock n Roll Bride. She shares curated advice from wedding professionals: what they wish they would've known before they started their businesses. Some say they are so happy they grew slowly, and some say they are so fortunate that they hit the ground running. 

I think the most wonderful thing that I could take away from all of the comments of said professionals, is that you just have to do it. Do what you love, and allow yourself to succeed at some ideas and fail at others. Life is a learning process, and experience is the key. You can't be afraid of being wrong sometimes. All of these individuals moved forward. 

So, I say to you, others in my place, whether you leap or dip, just move forward and trust yourself. The only way to walk to the market is to keep taking steps.

CLICK HERE TO LINK TO ARTICLE

Until next time, 


Working with Money

by Jenny Ford in , ,


As I've stated before, sometimes those of us with a creative inclination tend to shy away from the stiff, stale, world of business endeavors, finances, spreadsheets, Excel, and the like. Fortunately, my fiance, is my opposite in many ways. He is a scorpio, I am a Taurus, I went to school for Production Design , he went to school for Producing. He is creative though, but mostly he is creative with money. I however, treat money with holy reverence. I know it can make or break me, and so mostly I just make it the sacrifices that I know will keep it appeased, so that it doesn't smite me. Basically, I just want to have enough of it to not have to think about it. 

This brings me to the topic of my post today. Last night Nick came home with 3 copies of the book "Rich Dad, Poor Dad" to give away to people and explained to me that about 90% of his thought process on money is laid bare in said book. Now, normally, the mere sight of a book like this would make me gag. But, in truth, I often envy Nick's crazy ability to seemingly create money from air. So, I swallowed my pride, got over myself, and decided to read.

 The clearest point I came away with, is that the way I think about money needs to change.  And, in a close second, I realized that financial education is important. 

 
"Most people went to school to learn how to make money, and never learned how to make money work for them."

I, like many hardworking Americans, have been of a mindset my whole life that one must work really hard to deserve to the money they make. The author doesn't advise against working hard to make money, he just advises that once you make money, instead of accumulating depreciating objects, or even saving, that you put that money to work for you. That same money can essentially function as "employees" that bring you income, even when you are not phsically "on the job sight."                                     

So instead one should accumulate assets. Assets are anything that can make you money while you sleep.

1. Businesses that do not require your presence 2. Stocks 3. Bonds 4. Incoming Generating Real-Estate 5. Notes 6. Royalities from Intellectual Property such as music, scripts, and patents. 7. Anything that appriaciates in value.

Whatever the asset, he suggests you choose things you love, because then you will take care of it.

So, why am I writing about this on a blog that clearly is representing a business that requires a lot of hands on, always present, needs ME to operate, time? Managing your money wisely is one of the smartest and easiest ways to keep your business- the one that you want to spend day in and out doing- afloat.

Starting off in any small business endeavor requires A LOT of time and money. Sometimes it is hard to come across both of those things in the beginning. But, if you are smart, and make your money work for you, instead of the other way around, you can really begin to build something great with less stress. 

Anyway, read this book ( even though it looks a corny as hell.)

Until next time,