Hey gorgeous! It’s Denise here from LuckyBitch.com and today I want to talk about three investments that you really must make in your business, and this is not including staffing, out sourcing, delegating, etc.
I have learned the hard way around investing in business and trust me I have spent a lot more than I really should have. So, learn from my experiences!
Prefer to listen? Click below.
Lucky Bitch Video Transcript – What Investments You Must Make In Your Business EVEN Before You Hire Staff
Let’s talk about three things you really must invest in and you can straight away.
1. Have the right tools.
Okay, so the very first thing that you must invest in are tools to do your job easily. Now I remember when I first started it just felt like everything was hard in business, I started out as a life coach and I just wasn’t investing in some of those tiny little tools that would make my life easier let me give you an example.
When I was coaching clients I was coaching all around the world, and we would have three or four emails back and forth about how to schedule our call. Time zones are not my friend and it’s really difficult to calculate stuff like that on the fly. So I had to invest in an online calendar and I use TimeTrade. I am not an affiliate or anything like that but it cost me like a 100 bucks a year and suddenly that saved me real time and stress every single week in scheduling.
Now this probably something in your life in business that is really pissing you off or stressing you out right now, and probably a very inexpensive tool could sort that out for you.
So those are very much the first investment you should make, because that’s time you can’t get back and that’s stress and back and forth or whatever it is that’s pissing you off right now, there is a tool out there that can fix it I promise.
2. Mastermind or mentoring.
The second thing that you really should invest in for your business before even staffing is investing in some sort of mastermind or mentoring. Now this is the key because it’s okay at the beginning of your business to do everything yourself, its totally okay, but if you’re not surrounded by people who are really lifting you up and inspiring you to create more in your business then you are going to move at a snail’s pace because your business can only grow to what you can see around you and what you can believe is possible for your own life in business.
So this could be you join a mastermind, you hire a mentor, a coach, a business coach, a business mentor, or you join something like my Lucky Bitch Money Bootcamp which has thousands of women around the world all working on their money mindset.
Now this is crucial at every stage of your business but particularly if you want to grow fast and particularly if you have hit a plateau and you want to go to the next level, you always have to make sure you’re in an appropriate groups, your being coached or mentored by appropriate people who really know and see you for what your potential is but can really give you the practical advice to go to that next level or help and provide you with that inspiration for you to believe it’s possible for yourself, now that’s really the key and that can be something that your lacking right now.
The third thing that I really think that you should invest in now, again it’s kind of a generic thing, but it’s about what skill set do you need to build this year. Sometimes we invest in things in our business out of FOMO (fear of missing out) or because everyone else is or because we kind of just get suckered in by a good sales page or a good sales technique.
Now the way to do this is that I write down some very specific skills that I need to learn each year. It could be that you need to learn how to do discovery sessions, or to make a good speech ,or to sell from the stage, or to make blog content effectively. It could be something very very specific that you have identified that you need to learn and then you find the course or the mentor to invest in who will give you that specific skill.
When you prepare ahead of time it means that you won’t be suckered in by the latest kind of mastermind that everyone is joining or the latest course that everyone is joining because you will be able to practice discernment and you will be able to make that investment knowing that you will be able to get that back because you’re going to learn a particular thing that you have identified as a gap in your business.
So there they are, my three things that I think you should invest in before you even hire out or outsource or get an assistant or get anyone else to help you in your business because I pretty much have a six figure business without hiring anybody and it totally is possible.
I’m not saying you should do it because you can grow your business if you delegate earlier rather than later, but I think if you do have a limited budget to invest in your business those three things are things that will help you make more money, help you get more clients, and also make your life a lot less stressful and way more fun which is totally why we are all here.
So I would love to hear from you:
Do you disagree with my list? Are there other things that you’ve invested in that have been a fantastic investment for your business?
Make sure you comment below and come over to LuckyBitch.com because there are a lot more tips and tricks and tools on how you can really grow your business and make a lot more money and have a lot more fun.
I am Denise Duffield-Thomas from LuckyBitch.com and you have yourself a lucky day.