Some thoughts from our ‘Becoming the Entrepreneurial You’ lunch:
We know diversity is important.
- Seek to diversify your revenue streams. This is a risk mitigation / hedging strategy for the “Company of You.”
Delegate, Delegate, Delegate.
2. Sure, we CAN do it all. But why? Don’t fall into the trap of needing to “do it all” to “prove” yourself to anyone. Learn to delegate…and automate. These time and talent management strategies help us make fewer decisions so we can have “thought power” to prioritize the decisions that really need our attention.
Speaking of attention, sure cash might be QUEEN, but our greatest form of currency is attention.
3. Pay attention to the things that matter. This is the best investment we can make. If we don’t harness, focus, and direct our own attention to the things that we would live for, guess what? Someone or something else has absolutely no problem harnessing, focusing, and directing our own attention elsewhere.
As you’re launching your businesses, ask: Who do I need on my bus to get the bus moving?
4. Who do I need on my bus to keep the bus moving and get me to the next stop? Collabs and partnerships create community and are mechanisms of accomplishing goals together while sharing (scarce) resources.
Borrowing from flight safety – if you don’t put your oxygen mask on first, you can’t help others put their oxygen masks on.
5. Prioritize making and maintaining a personal finance plan to get you to your financial goals. Then educate others. Financial literacy is critical.
Your business, no matter what services or products you provide, is to take care of your people.
6. That’s your business. Full stop.
Money is good.
7. Making money work for you and others is better. Thoughtful stewardship of money is the best. Compound interest is magic.
Today is a great day to talk about money.
–Galib. Christine, 3.14.2024, Linkedin
