Time Out on the Doom and Gloom…It’s Your Economy!
Okay…I guess i’m a little indignant when it comes to the stories I here day in and day out regarding money. And I’ll get even more undignified than this. Every Where I go I hear the doom and gloom stories: “The economy is bad”, “The banks aren’t lending”, “People don’t have money to spend”…..
Well, I’m calling everyone on the carpet!
You tell me…
It’s time to tell the truth! Okay…I’ll start.
The truth: There ARE banks lending. There is Money available in more ways than you can imagine. But the majority of us good old Amercians striving toward the Amercian Dream (the pursuit of happiness) need that story to explain why we under charge for our services, don’t invest in our business growth, or why our business isn’t successful .
Are you driven by a Mask that is keeping in the realm of insanity: Doing the same thing over and over agin expecting different results? Are you working in your business day in and day out to make enough money to take your vision to the next level….waiting on that next big deal or business model that will skyrocket your revenue?
Are you ready to wake up to and remove the mask and conditioning that is holding you back so you can get the funding you need to have the business and life you really want …No Excuses?
Step 1. Pull your own credit and see what is really going on. Know your score. Don’t be Scurred!
Step 2. Find your financial baseline. How much money do you need on a monthly basis to keep your business right where it is…..to sustain. Hint: Pull out bank statements
Step 3. If you don’t have six months Cash cushion or a credit line equal to 6 months cash cushion. You need funding.
Step 4. Get the skinny…the real…the truth on business funding. Plug into my community http://www.facebook.com/creditsavvyceo (ha ha…shameless plug) but really learn what your options are and make informed financial decisions….ask questions and get in the know.
Step 5. Bonus: Charge what you are worth…Don’t look at other peoples business models to determine your pricing and don’t buy into the people aren’t spending money mentality. Why: It’s not true. This is the quickest way to stimulate your own economy. Some of the funding options available are based on revenue…..don’t minimize your worth or your options.
Remember this: You have something of value to bring to the world.
Shameca Tankerson, is a Speaker, Trainer, Author, and Cash Flow Success Mentor to entrepreneurs and service professionals. Using a proven system, she opens a candid dialogue about money that teaches her clients how to breakthrough to their next income level and expand into a cash flowing business with a new collaborative business model that is liberating, Inspiring and Powerful. To Get your F.R.E.E. “Spark Your Cash Flow Financial Success Kit” – Making Room For Money: 5 Financial Mistakes Entrepreneurs Make That Sabotage Their Cash Flow (And How To Avoid Them). Visit: http://www.MakingRoomForMoney.com
Posted on July 26, 2011, in Business Credit. Bookmark the permalink. 5 Comments.
I agree with you wholeheartedly that there is money out there for people to borrow. The steps that you mentioned are the very steps that I tell my clients to take in order to be financially smart.
I must say though that many lenders are less apt to lend than before our economic downturn. As a technical assistant provider for the SBA loan program, I’ve seen new and existing business owners get turned down even when their financials were in order. It has been very frustrating!
Thanks for sharing your time and expertise.
Sylvia. Thanks for sharing. The key is to think outside the box. I find that when an entrepreneur thinks that the institutions with whom they bank or sba gauranteed loans are the only options they have. They stop cold in their tracks with that resounding no…Thinking it must be the same everywhere. and this is so not true. Frustrating…Yes! Hopeless…No.
How refreshing to read an upbeat financial blog post. I love the final sentence – “You have something of value to bring to this world.”
Yes, yes and YES!
Grateful to have found you via the UBC and Blogboost today….
Julie Thank you for your encouraging words…I hope you were inspired. (smiles)
Very refreshing and inspiring message! I’m glad that I have chosen to work with you. I’m excited about the many possibilities and the quantum leaps that I know my business will take over the next several months. Thanks for your insightful information. I say yes to the vision!