Entreprener 101 Get Help When You Need It Pinterest

Entreprener 101: Get Help When You Need It

If you’ve ever taken a business college course, you probably didn’t learn when to get help in Entrepreneur 101. However, that doesn’t make getting help any less important.

Entrepreneurship can be a lonely path at times, but to be successful, you can’t truly do it all on your own. At some point, you’re going to need help.

Starting a business is hard work, even if you’re passionate about your business. There are so many things that need to be done, from developing a business plan to marketing your product or service. And it can be easy to feel overwhelmed, especially if you’re new to entrepreneurship.

That’s why it’s important to get help when you need it. There are many resources available to entrepreneurs, from government agencies to business organizations and individual mentors.

In this article, I’m going to tell you the signs it’s time to get support, resources that can provide you with help, and how to prepare for getting the help you’ll need to be a successful entrepreneur.

Read More

Portfolio Diversification Factors to Consider When Choosing Investments Pinterest

Portfolio Diversification: Factors to Consider When Choosing Investments

Portfolio diversification. It’s not sexy, but it’s the key to hedging your risk when it comes to investing.

If you dream of achieving financial freedom, investing and portfolio diversification can support your journey. 

If you’re following the FIRE movement (financial independence, retire early), portfolio diversification is even more important.

Diversification is the practice of spreading your money across different asset classes, industries, and geographic regions. This helps reduce your risk by minimizing your exposure to any one particular investment or market sector.

Whether you’re just starting to invest, or well into your investing strategy, portfolio diversification can help you build a portfolio that will help you achieve your financial goals, FIRE or otherwise.

In this article, I’ll provide you with the key factors you’ll want to consider when you choose your investments, and tips on how to build a diversified portfolio that will help you achieve FIRE.

Read More

Passion to Profit 104 Set Realistic Business Growth Expectations Pinterest

Passion to Profit 104: Set Realistic Business Growth Expectations

If you dream of turning your side hustle into a money-making machine, then one of the best things you can do for yourself is set realistic business growth expectations.

It’s not easy to be an entrepreneur, but success is possible, especially if you set reasonable expectations.

If you set your sights too high, then you set yourself up for disappointment. That disappointment can lead to a lack of motivation which can stunt your business growth entirely, and eventually lead it to failure.

On the other hand, if you set your sights too low, then you might miss out on potential opportunities.

It’s a bit like “Goldilocks and the Three Bears.” You don’t want to set your sights too high, or too low. You want exactly what’s right for you and your business. 

But how do you know what’s right?

In this article, I’m going to give you 7 key steps you can use to set realistic business growth expectations. Follow these tips and you’ll be well on your way to turning your side hustle into a money-making machine.

Read More

How Your Investments Can Fire Your Financial Freedom Goals Pinterest

How Your Investments Can FIRE Your Financial Freedom Goals

Introduction

Do your priorities include achieving financial freedom goals?

Financial freedom via the FIRE movement (financial independence, retire early), is a growing trend. After all, why wouldn’t you want the freedom to choose what you do with your time? 

When you achieve your financial freedom goals, you have the flexibility to choose how you live your life. You can live on YOUR terms. That kind of freedom can completely change your life for the better.

Maybe your career matters to you and you could never imagine retiring early. Even if that’s the case, wouldn’t it feel great to be able to choose whether or not you work?

One of the key components of the FIRE movement is investing. When you invest your money wisely, your money can grow over time and support you in retirement, early or not.

In this article, you’ll learn the various ways your investments can fire your financial freedom goals.

Read More

Passion to Profit 103 How to Create a Business Plan

Passion to Profit 103: How to Create a Business Plan

How to Create a Business Plan: The Key Steps

If you’re committed to turning your passion project into a profitable venture, you may want to consider building a business plan.

A business plan is a roadmap for your business. It helps you define your goals, strategies, and financial projections. It’s also essential if you’ll ever need to attract investors or secure funding.

Whether you have a small business on the side or a business that’s forecasted to make millions, a business plan can be a valuable tool.

If you’re thinking about starting a business, or if you’re already in business and want to take it to the next level, you should consider whether or not a business plan can benefit you.

In this article, I’m going to tell you exactly how to create a business plan that will support your company’s growth.

Read More

My Stock Market Investing Journey - How I FIRE My Finances Pinterest

My Stock Market Investing Journey – How I FIRE My Finances

My stock market investing journey didn’t start with a bang.

I remember what it was like when I started my first 401K. There were so many options and I had NO idea what I was doing. I asked a supervisor for advice, but he couldn’t provide any.

Confused and overwhelmed, I did my best to make smart investing choices, but I couldn’t be sure. 

After that day, I committed to learning what I could about investing so that I could be better prepared in the future.

It’s been over a decade since then, and while I’m continuously advancing my knowledge of stock market investing, I’ve come a long way.

In this article, I’m going to tell you how I learned to make smarter investing choices, and how I invest my money today to add FIRE to my finances.

Read More

How I Made a Successful Career Switch Pinterest

How I Made a Successful Career Switch

My career switch began when I started my first business in 2017, but it wasn’t until 2019 that I shifted from a full-time laboratory manager role into a marketing communications role.

To be truthful, it was a tough transition to make, but then again, I’ve never heard of a career switch being perfectly smooth.

Despite the challenge, I knew that the career change was right for me.

In this article, I’ll tell you exactly how I made my career switch. I’ll also share 7 tips from my own learning experiences. These tips will help you make your own career switch, regardless of where you start in your career or where you’d like to end up.

Read More

I Turned One of My Side Gigs Into a Full-Time Career Here’s How + 5 Tips for Success Pinterest

I Turned One of My Side Gigs Into a Full-Time Career: Here’s How + 5 Tips for Success

In 2020, right in the middle of the pandemic, I turned one of my side gigs into a full-time job. It wasn’t easy, but with hard work, some great support, and even a bit of luck, I managed to replace my income in short order.

I was one of the numerous people that found themselves without a job when COVID shut the world down.

It was tough, but I committed to finding a way forward. I was confident that I would find a way to replace my income.

In this article, I’m going to tell you how I turned one of my side gigs into a full-time job, and how I managed to replace my income when I suddenly found myself jobless in the middle of the pandemic.

Read More

How We Annihilated $85K of Student Debt in 18 Months Pinterest

How We Annihilated $85K of Student Debt in 18 Months

As I sat down in our tax accountant’s office, I looked down at the piece of paper I was holding in my hands. It was an important document that reflected what I’d paid in interest toward my student debt that year. 

I couldn’t believe the figure in front of my face, yet it was right there. 

In just one year, I’d paid roughly $3,000 of interest into my student loans. And that was only the interest for one year. It didn’t account for the amount I’d paid into the principal balances, or what my husband had paid into his student loans either. 

That $3,000 was all I was allowed to write off on our taxes.

I had just paid what accounted for a nice cruise vacation into my student debt interest, and it didn’t even help lower the balance. I would have rathered spent the money on that vacation instead, but here I was, holding the piece of paper that proved I’d done otherwise. 

That money was gone, wasted.

I shook my head before I handed the document over to the accountant.

Read More

My Chronic Career Journey How I Built a Successful Career While Navigating Crohn’s Disease Pinterest

My Chronic Career Journey: How I Built a Successful Career While Navigating Crohn’s Disease

After I was diagnosed with Crohn’s disease, I feared I’d never be able to build a successful career, and it was a dream that greatly mattered to me.

After my diagnosis, it was hard to face the reality that I would likely live with a chronic illness for the rest of my life.

While I didn’t give up on my dreams, I knew that my plans would need to shift, at least to some degree.

When I was young I dreamed of becoming an astronaut. I went to college with that intent and by the time I graduated, I’d become quite familiar with astronaut requirements.

The requirements were strict and incredibly difficult to overcome, even for someone in perfect health, so I knew my chances of becoming an astronaut were essentially 0.

However, I knew I could still become a scientist, and I dreamed of building a successful career and making a difference through science.

As you’ll soon learn, my career didn’t go exactly as planned, and I never foresaw making a shift like I would eventually make, but I did manage to build a successful career. In this article, I’m going to tell you exactly what I did to build my career while managing Crohn’s disease.

Read More