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Knowing and Living Your Call | Christian Women's Guide - Part 3

The Art of Win-Win Business Deals

Business handshake Mom business owners tuned into God’s vision recognize early they must be leveraged.  They can’t earn more in less time alone without working with others.

Partnerships could include:

  • A business agreement with a colleague
  • A joint venture relationship
  • An employee relationship
  • An outside contractor relationship.
  • Even getting babysitters is making business deals.

When evaluating the cost/benefits of a collaboration you must consider,

Your Values – View your core values list. (If you don’t have one, make one.) Fidelity to your core values prevent you from ending up in a life you hate:  rushing, being behind, and missing those important family moments.  Ensure your potential partners own compatible values or their future actions may be out-of-sync with your plans.

Your Time – How much time will your commitment take.

  • For example, with teaching a class, calculate materials preparation and editing time, along with minutes and hours instructing, corresponding with the students and faculty, etc. Divide by your compensation for your hourly rate.
  • If in your agreements that change process, like if you will pay bills when the other party previous was, factor in administrative cost to you or your bookkeeper.

The Opportunity Cost – Speculate how you would use the time if you did not enter into the agreement.

  1. Would this affect new product creation?
  2. How much less marketing time would you have?
  3. What would the impact be on new sales leads?
  4. What other joint ventures would you not be able to invest in?
  5. The Opportunity – What could this partnership bring:  more clients, more exposure, incentives to put together materials you need to put together anyway?
    1. The opportunity will vary depending on the stage of your business. If there aren’t many competing opportunities, a less than ideal project might still be worth doing.
    2. Think out of the box.  I had an opportunity to do forensic therapy assessments that paid four to six times my regular hourly rate. While I my focus was growing my coaching rather than my therapy practice, doing the evaluations made sense.  They generated extra cash for marketing investments in my coaching business.

Now, conduct the same analysis from the perspective of your potential partner.  Understand their benefits and risks. This insight helps you create tailored win-win solutions.

Once you pictured arrangements that would benefit you and as well as your potential partner, you have found the sweet spot.

  • Pray that if God wants this to be it will.
  • Be open to creative solutions, but guard against devaluing yourself, your time, and your values to make something work.
  • Be honest and humble about your development and the state of your business.  Don’t inflate your worth, because you could miss challenges that would up level.
  • Know how to sell the idea. You may have analyzed the win-win benefits more than your potential partner has.
  • Walk away if you can’t come to terms.

As a woman of faith, you know when God closes one door, he opens another.  Using a step-by-step process will make sure the door you walk through leads to “win-win”.

The Catholic Mompreneurs Biz and Life Tip:  You become skilled at making business deals when your vision is well-defined, you have the clarity of good personal and spiritual self-care, and you walk through the evaluation process with God by your side. Shore up any weaknesses in any of those three areas, and you’ll be ready for your next win-win.

 

Your Mompreneur Advantage: Catholic Work Ethic

Ethics Sign In Male Fist Isolated On A White Background.I admire devout Christians living Godly lives. Without the help of the Catholic Church and the Sacraments I’m not sure I would make the cut.

In a non-Catholic Christian church  I fear I would be crushed by the varying teaching based on who pastors the church you attend, inconstant philosophies that don’t always fit together well, lack of unity of the big items, and regular debates on what as Catholics we’ve put to bed centuries ago.

I wouldn’t see myself functioning well in my faith and work life with that undercurrent of unresolved issues and ignored conflicts.

I have enough spinning in my head as a mom business owner as it is.

The Catholic Church’s clarity simplifies my life and frees me to work on me, my vocation, and my business.

The Catholic Church and business ethics go hand-in-hand.

If I have a question about what the Church teaches, I can just look it up in the “Catechism of the Catholic Church” for a well-written, coherent and logical answer. If I want to know what the Pope says or thinks, I can read his encyclical.

It’s really not that complicated—just the way I like it.

So while many Protestants believe they are “once saved, always saved”, Catholics know better.

They realize they better work their butts off or risk being left on the curb even for the last bus ride to purgatory.

Catholics know how to work; their eternal life depends on it.

And Catholics regularly going to confession understand the insidiousness of their sin and the effects of original sin. Growing in virtue must be in their playbook or they’ll go down with the rest of the world like the citizens during Noah’s time.

Catholics are groomed to work – on themselves, in their families, in their communities— as good stewards. And that healthy culture of work translates into giving you an incredible Catholic work ethic as an edge in your business.

Catholics work hard. They don’t give up. They are trained to stick things out and work it until the end, just like the Church doesn’t let us easily bail on our marriage when things get tough.

You have all of the ingredients you need to have the mom biz of your and God’s dreams. So don’t stay in the back seat of the bus. It’s time to stand up and claim your genius!

Catholic Mompreneur Biz and Life Tips:  List all how your Catholic work ethic has gotten you where you are and how it can take you to where you want to go.
Christina Weber helps Catholic mompreneurs fully engage the power of their calling, earn more in less time, and get back to enjoying their families. If you need help to gain clarity on Gods’ will in your biz and personal life, create action plans to get there, and learn how to be motivated and equipped to juggle all the plates to make it happen, take advantage of getting one of ten slots of Christina’s complimentary “Getting It Done” session with Christina here for your rock-solid success foundation in 2014.

The Call to Selfishness

 When you took  that first decisive stride from the “mom land” to “mompreneur land”, your life changed.  You chose  to make time for both your home and business priorities.

And when there are inevitable clashes,  you may hear the whisper or the roar, “You’re being selfish!”

But the truth is you must be selfish—and assertive—to be successful in business and in life.  You must be selfish in a healthy way.

Women, particularly religious women, often shy away from pursuing higher goals because of the inevitable strain between home and work demands combined with perceived  limited resources. Consciously or unconsciously you may  believe going for or  acknowledging what you want leads to selfishness.

This fear of becoming “selfish” can be so big that many closet Catholic mompreneurs never “come out”.

But will your mom biz make you selfish?

Allison Sutton, a Life and Leadership Coach, says “no”.  She always begins her work with her clients by asking, “What do you want?”

If you know what you want and go for what you want, you may feel confused if that is  inconsistent with being Catholic. It may feel more like the world’s message to get what you want without  regard to how that affects others.

Because of Original Sin, we must be vigilant  about  putting our  desires ahead of  God’s will and the needs of others.

But a regular prayer and sacramental life  flushes out what is  healthy selfishness from  what is not healthy.

In digging deep to see if your fears of unhealthy selfishness are valid you must access the core DNA of who your Creator made you to be.

  • Don’t ignore the yearnings God gave you.

  • What you want deep inside sheds light into the  vision God has for your life.

  • Your inner wants are valuable clues to God’s mission  for you.

  • God designed your mission to bring others to him.

Your unique mission likely will have an eternally positive impact on those God puts in your path. For what other reason would He give you a mission?

Don’t conclude that paying attention to your inner voice and deepest desires and taking action to manifest them is wrong or selfish,.  You might be robbing from those  individuals God intended you to touch with your gifts?

Slinking back into the safe confines of your regular life may seem like the unselfish thing to do.  But trail blazing by facing and overcoming  the  challenges  of  putting yourself out there might be one of the most unselfish things you do.

The Catholic Mompreneur’s Life and Biz Tip:  Not every mom is called  to own a business, but if something is tugging you at your core, take the next step to discern that call.

Christina Weber helps Catholic mompreneurs fully engage the power of their calling, earn more in less time, and get back to enjoying their families. If you need help, schedule a complimentary “Getting It Done” session with Christina here.

3 Ways Your Mom Biz Could Be Your Lifeboat in an Economic Crisis

The National Debt Clock What’s looming with the power to crush you and your family’s wellbeing, while causing work and home tension to spiral? Your business growth efforts would feel like trudging through quicksand. And it would turn your community upside-down.

It’s our $16 trillion-plus national debt, a natural consequence of the annual federal government deficits. In 2013 we will spend 642 billion more than we take in.

Experts warn that when the debt to Gross Domestic Product ratio reaches 100%, your country is swimming in debt. In 2013, the US had a debt to GDP ratio of 101.6%. Looking across the pond to Greece, Italy, Portugal, and Spain, sheds light on an ugly picture of our 10-year reunion party should we continue to spend tomorrow’s dollars today:

  • An economy going from bad to worse – Skyrocketing unemployment and economic shutdown driven by austerity measures most debt-ridden countries are forced to employ.
  • Shortages of key supplies and services – Debt-ridden countries experience medical and other supply shortages. And now Greek officials fear their citizens will face cut offs in natural gas and electricity because of back payments to these providers.
  • Ridiculously high tax rates – The new prime minister of France plans to propose a 75% tax rate.
  • Regression in the Standard of Living – 40% of Greeks turned in their cars for bicycles because they couldn’t afford the plethora of transportation taxes.
  • Despair – Like in the Great Depression, suicide rates climb. The numbers of abandoned babies goes up as more parents lose hope. With no hopes for employment and an inability to afford basic needs like food and shelters, desperate people in many places take to the streets, looting to get what they need.

But your mom biz could be your secret weapon to help you be prepared should our country fail to correct this. It can also put you in the position to be of service to those who did not prepare. Here’s how:

  1. Get Your Financial House in Order Without Sacrificing Key Family Time – It’s hard to picture what life in America will look like 10 years from now should our country continue to spend more than we bring in, adding to our debt each year.Ten years is a little more than half of the life of a kid at home. Most moms don’t want to miss family time and their kids’ milestones to prepare for some abstract future economic meltdown. By being a mompreneur you can have both: connection with your family and a solid financial grounding for an uncertain future. The flexibility and freedom having a mom entrepreneur lifestyle allows you to grow your business and revenue without missing out on those important family moments.
  2. People Still Buy Things Even During Economic Downturns – The skills you develop mastering the fundamentals of business ownership can be converted to products or services that sell even during economic downturns. While your neighbors are getting their pink slips, you can be gearing up your business engine for depression-friendly products and services.
  3. You Can Earn Above Average Income When You Are the Boss. – Having a smart business model inspires you to achieve the revenue targets you set. Having surplus revenue allows you to pay off all of your debt, invest, and build a reserve that will allow you to ride out the likely waves ahead.

So while our Congressmen are kicking the can months ahead—like usual—rather than coming up with a budget or intermediate term budget deficit reduction plan, know that just because we’re the most powerful country on earth doesn’t mean we’re not immune to natural law.

You know if you were to outpace your income with spending year after year, your future would be desolate, too.

But, be thankful 1) that financial calamity has not happened yet and it’s not too late to put pressure on our politicians to get the budget under control, and 2) that you have a mom biz that can give your family the financial wiggle room to weather the inevitable storm, should nothing changes.

Catholic Mompreneur’s Biz and Life Tip: Don’t put your head in the sand about what is going on with the money in Washington. But at the same time, don’t freak. Just put your hand to the plow with your mom biz to increase your chances of a smoother ride.

Christina Weber helps Catholic mompreneurs fully engage the power of their calling, earn more in less time, and get back to enjoying their families. To jumpstart your biz and life success, with her complimentary special report, “The Catholic Mompreneur’s Guide to 12 Things You Can Do Today To Earn More in Less Time,”  by clicking here.

Are You Hurting Your Business Results by Working Too Much?

Do you work too much?If you’ve ever started a new business—unless you have the Midas touch—you know the stress that comes with trying to get all the moving parts working quickly to be profitable. On average, most companies don’t see profit for the first 3-5 years.

This uncertainty could  lead to:

  • Sleepless nights

  • Doubts about your decision to invest in your business

  • Frustrations

  • Relationship conflicts

  • Financial stress

  • And worry.

So what does a typical business owner do? Some may  resort to working longer hours thinking that is the remedy for the lack in profit.

But that is the absolutely the worse thing you could do.

Alishia Willardson
And the energetic, fun, Peak Personal Power Coach Alishia Willardson couldn’t agree more.

Alishia insists you can’t be your best in our biz and home life unless you are in Peak Personal Power.  When in Peak Personal Power you have

  • Clarity about what you need to do

  • Confidence and motivation to get it done

  • And the mojo that attracts clients and money

Sounds awesome!  Where do I get some?

Alishia has a simple prescription for achieving Peak Personal Power:

Every day have a Peak Personal Power Hour with:

  1. 20 minutes of inspirational reading,
  2. 20 minutes of motivational reading,
  3. 20 minutes of physical exercise

And

One 3-4 hour date with just you…every week.

No, don’t freak out.

You heard me right.

  • No errands

  • No social commitments that don’t totally recharge you

  • No emails

  • No feeling guilty for leaving the kids with the sitter, if necessary.

  • Nothing you  don’t want to do.

It’s totally fun time to just be with yourself doing stuff you love.

You might be like most busy people and wonder how you would ever have time for that.  I challenge you to try it.

I did.

And several of my clients did, too.

And now you couldn’t peel my Peak Personal Power Date from me with a crowbar.  And my clients had the same reaction.

Thanks Alishia!

Catholic Mompreneur’s Biz and Life Tip:  Learn more fundamental success habits tailored for the Catholic Biz Mom to help you be a Peak Performer at home and work.  

Look for the launch of my Faith-Based Revenue Boosting Boot Camp Coaching Group coming in mid-October.