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Confidence Is The New Currency!!!

Forget What You’ve Heard Confidence Is The New Currency.confidence

Don’t believe me?  Where do your eyes stop when you walk into a networking event scanning the room to determine who you should meet?

I’ll tell you…

They stop at the person who “owns the room:” who’s confidence is oozing out and catching your attention immediately. Confidence is no doubt the first thing we identify in a person or company.  Its also what gives us the courage to buy what it is they are selling.

Confidence is one of your most important attributes as an entrepreneur. It’s the key to getting noticed and creating relationships that advance your business and life.

Go ahead Ask me… Shameca, How do I become confident?

In my opinion, the first step is knowing we are all born with confidence. Not until life started happening to you did you become fearful of expressing all of you God inspired gifts and talents.  To course correct, you’ve just gotta find your way back to the confident version of yourself.

Just like prosperity and abundance, displaying confidence is your birthright. So, if you’ve lost your way, I have a few tips for you, and if they fit your personality…ROCK them, because you deserve to build a life and business that brings you joy!

TAKE ACTION…  

Here are 6 Ways to Boost Your Confidence and Achieve Life and Business Success

  1. Focus on you natural strengths and use them daily.  Each of us has strengths; natural gifts, talents, and abilities; And we were born with them. You know… It’s those things that you do naturally or instinctively,  Its those deep-seated, intrinsic things that you do well and get praised for.  Yep, those are your strengths! Your goal, is to begin using them each and every day. Spend as much time as you possibly can doing what you excel at instead of spending time on those things that you do okay. This will position you as an expert AND build your confidence.
  2. Shift Your Mindset.  Its a known fact that you get what you focus on and you get what you expect. Expect that things are set up to work on your behalf.  When you begin to focus on what you expect instead of what you are experiencing, your confidence in those areas will soar.
  3. Keep The Things That Boost Your Confidence and Illustrate Your Value Close To You. My favorite way to do this is my “Self Worth Journal”.  It list what i’ve accomplished in my life.  It shares the story behind my confidence.  So, when i’m having a moment of self doubt or feeling like i’m not enough yet, (yes, it happens once in a while) i can reflect on all I have accomplished.
  4. Fill Your Self Worth Bank.  One of my favorite things to suggest that my students and clients to do is spend a few minutes when they wake in the morning and before going to bed.  Get in front of a mirror and tell yourself 3 things you love about you. This will boost and reinforce all that is amazing about you and position you to be ready to confidently take on the task and assignments that will get you closer to your objectives and goals.
  5. Build Your “Defy Impossible” List.  You know… those things that you thought were going to be so hard but turned out to be a piece of cake.  Write them down. For instance, one of mine was losing weight and getting healthier.  I thought I’d never weigh less than 200 lbs ever again in my adult life. It use to be impossible but with food,  strength and endurance training, I did it!   And  accomplishing that task boosted my confidence.  Woot! Woot!
  6. Get and Play Your Theme Song Before Meetings.  Now music is  one of my secret weapons.  What I love about music is it immediately shifts energy and positions us to take confident steps toward our goals.  So get a theme song and play it daily or as many times a day as you need to keep your confidence high!

So… Talk to me!  These are my tips but I want to here from you…

  • How do you keep your confidence high?
  • What do you do when you’re feeling unsure?
  • How do you position yourself to be your best at all time?

GOT QUESTIONS?

OR

NEED SUPPORT FINDING YOUR FLOW FACTOR?

BEGIN HERE!

 

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All we ask is that you use this byline:

Shameca Tankerson is Founder of Stiletto Wealth Society, a global community Dedicated to Empowering Women Entrepreneurs To  Get Bold and use Breakthrough Business Strategies to Uncover their Flow Factor™, Gain Confidence they can Cash In,  and leverage it to Build an Amazing Life and Business.

She is passionate about empowering women who find themselves playing small and are deeply and secretly scared of showing up as POWERFULDYNAMIC,  and CONFIDENT to courageously own “who they be” and leverage it!

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3 Simple Ways To Fatten Your Bank Account

MONEY.  Sometimes it might as well be a four letter word.  Have you ever felt if you ignore the topic it will go away? Did That increase your income?  I Here it all the time…Shameca ” how do you do day to day management and monthly management of money in your business”  and that statements if oftern followed by I’m not a financial persona like you.  Shhhh…I’ll let you in on a secret.  I’m not a financial person either.  I had spreadsheets and all that jazz.  And thats why i’ve created simple system that make the money part of business easier.   Let me share a secret with you about money, It loves attention!  I have three ways that will make tracking your money simple and doable.

So, how does a business owner manage money?

Why should you even pay attention to your money? Well, one of the attributes of money that I teach is “Money Loves Attention”.  Just like most relationships, the more love and attention you give money the more of it you will make.  This is true for everyone.  From the person who avoids looking at your bank accounts and bills = a classic avoider.  No worries – you’re not alone,  I used to reside in that camp.

To the person who feels as though you don’t need any money to do what you love – you’re a classic martyr.  Or maybe you just spend every dollar that comes into the door – you’re a spender.  Or finally, you might hoard your money so close to you that you deny yourself pleasure and you aren’t growing – you’re a saver.  No matter where you fall – tracking how much money is going in and out – is going to help you create a better relationship with money.  And that will translate to more green stuff in your bank account and more massages and tasty restaurant meals (whoo hoo – I’m in!)   Here are three ways to start receiving more money today:

ATTENTION: These three tracking mechanisms are not for your accountant.  They are more for you to keep an eye on your money.  What you do for your accountant may or may not be different.

1.  Daily: Track Cash Flow: Create a Cash Flow Tracking Sheet:  Here’s a simple system.  Take out a piece of paper….YEAH  I said a sheet of paper.  Number it from 1-31 on the left – these numbers stand for the days of the month.  On the top, write an inspirational quote for yourself.  For example: “I am a money attracting genius and people eagerly pay me for the transformation I provide.”  Also write down how much money you would like to attract over the next 30-60 days.

For example:  60 Day Goal: May 15th – $8,500.  Now next to each of those numbers you will write down all the money that comes to you from ALL the sources in your life.  It doesn’t matter whether it is business-oriented or not -all means all.  If you find a $20 bill on the street, write it down.  If your grandmother sends you a card with a check, write it down. For those of you that use a shopping-cart, Paypal or merchant account, write down the number that comes in from the day’s total.   Every time you write your daily number down – celebrate, cheer, have a praise party.  Show gratitude.  Create and inviting atmosphere for the flow even more towards you.  Remember, “money loves attention” .

OKAY.  So I know some of you are thinking, “Shameca, I don’t make money every day.  My sheet is going to be totally blank.”  I want to encourage you that this process is almost magical.  By month 5, you’ll be attracting more money than you ever did before.  Why? Because you’ll be giving it attention of course.  And we all know we get what we focus on.  But don’t be misguided. You can’t just sit in your home and wish for the money.  What you’ll find is that you start to get creative about how to attract money here, there and everywhere, namely bec ause there is a part of you that wants to fill your sheet. It’s not that different from the gold star tracking system that our elementary school teachers used.  I mean who doesn’t want more gold stars?

2.  Monthly or Weekly: Track Expenses: Ok, this one isn’t as much fun, but it is necessary.  As a business owner, you also have to be aware of what is going out.  The way that I do this is in excel.  I set up a spreadsheet that has all the categories of my expenses for both business and personal in the first column.  The second column is titled personal and the third column is titled business.  Then I save every receipt everywhere I go – business or personal.  At the end of each week or each month, enter the receipts into the business or personal column.    If you don’t like the data entry of receipts there’s a cool tool called neat receipts that will input it all for you.  That way you can get a sense of your spending for the month in various areas.  You can also hire a bookkeeper to do thi s for you either in Excel, Quicken or Quickbooks.  You can also learn to do it yourself in the software.  It’s up to you.

3. Quarterly:  Evaluate Cash Flow- Income and Expenses and Evaluate Your Money Making Strategy: First, evaluate your expenses: Have you ever looked at your credit card bill and noticed that you are being charged for a club that you totally forgot that you joined?  Or that you haven’t used a software you purchased in three months even though you’ve been paying dues?  It’s good to evaluate your expenses each month and make sure that you are still paying for what is important to you.  You should also do a check on how much you’ve been paying for certain categories.  I noticed once that my restaurant bill had more than doubled and it came with 10 extra pounds!  You can bet I did some more home-cooking after that! It’s not uncommon for me to help my client’s  find $25,000-$50,000 a year in fees and expenses that could have been eliminated.  What could you do with an extra $25,000 – $35,000.

Second evaluate your Money Making Strategy:  What launches worked well?  Which ones brought you less money then you had liked?  For example, I often see practitioners offering retreats where they either break even or make very little money on each client.  When they work with me we figure out a service that takes less time and brings in a higher return on the investment.  Decide what could you do differently over the next 3 months? Then change your Cash Flow Strategy accordingly so that you are doing activities that bring in the most amount of money and give you the greatest amount of pleasure.

In terms of making room for money and increasing cash flow, this is just the tip of the iceberg, but these activities alone can double your Cash Flow if you do them consistently.  Good luck with it all and do let me know how it works for you.  And feel free to tell me how you manage your money in the comments on my Facebook Page.  I’m always open for new ideas

Want to use this article on your website or your own ezine?

No problem! But here’s what you MUST include:

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

I’m Off Vitamins Forever

Just the other day I attended a training call with one of my mentors Adam Urbanski.  I had the most profound AHA after adam made one statement.  He said the problem that most entreprenuers have will selling their products and services is focusing on the process or the details of how they  will deliver to their clients instead of focusing on the benefits. 

Now I’ve heard that before and have implemented focusing on the benefis to my services.  But then he says:

People don’t buy because what you are presenting is something they can do without.  They could wait a couple of weeks, 6 months, or even years.  They feel like they can keep going in their current state with or without your help.  The reason:  YOU ARE SELLING VITAMINS

I thought: He’s absolutely right.  How many people take vitamins everyday even though they know the vitamins are good for them and the vitamins will make their body’s feel better and function more efficiently.

But what If the doctor diagnosed you with a terminal illness and told you that there was a plant in a remote bush town that when broken down and put in an easy to swallow capsule would cure your disease in a matter of months or even weeks..guaranteed. You’d move hell and high water to get that plant.  You know that you can not live without it…right?  You know that without it you would eventually cease to exist.

You’ve all heard me say that the number one reason businesses fail is lack of capital. In fact almost 90% fail withing the first 5 years.  So its definitely inevitable without cash flow, cash, mulah, money, You business will not make it.  BUT what I realized is explaining that to people is in fact just a vitamin because the hope is that somehow the company will make enough money to sustain its self.  Even though the odds are against them, many entreprenuers take that gamble every day.

They would rather struggle on the cash flow roller coaster or Play russion rouletter with the retirement accounts.

The Pill:

How would you like to double your cash flow in 30 days or less.

Here’s what I mean: 

What if your bank account could go from this

 

to this

 

In 30 days or less.  Well that’s what I do for my clients.

 

No more vitamins…Let’s be real…you need a pill!

Apply this principle to your own business and see if you create your own AHA moments.  Remeber how you get theire is virtually irrelevant….the client is asking What’s In It For Me?

Shabby Business Image: What Does Coporate Image Have to Do With Getting Capital

Your company’s image is a huge part of it’s credibility.  There are actually creditors and vendors who will not finance your company if you don’t have a website or aren’t listed in the 411 directory.   Yep, that’s right! It is equally important your company complies with both local and federal laws and ordinances, thus supporting the integrity of your business entity. The truth is lenders are not required to share their lending criteria or compliance formulas used to determine which businesses they approve or deny.

Does this sound familiar:

You need to borrow capital for inventory, new space, upgraded equipment, a new phone system, internet marketing, expansion, or simply to have an emergency cash cushion.  You are confident in approaching a lender to request a business line of credit, after all,  your business is profitable and you have your business checking account with this lender. They are familiar with your business.  The process couldn’t get any easier, right? You can breath a sigh of relief.

Finally,  you receive a letter in the mail from the lender, “Dear ABC Company, we regret to inform  you that your request for credit has been denied.”  There is usually no understandable explaination in the letter other than your business did not meet their lending criteria.

80% of small businesses are forced to close their doors forever because they could’nt get the capital they so desperately needed. Don’t become another statistic put your business in the hands of a Business Cash Flow Strategist that is familiar with compliance requirements so you can get the funding needed to grow a successful business.

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, create consistent cash flow 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

Encourage Me Girl!

Author, inspirational Speaker Songbird, & Consultant

I am so excited to lauch this new category in my blog!  Being in business isn’t easy and being a woman in business…well, nuff said!  As we jump into the hustle  and grind of running our businesses we need and deserve daily encouragement.  On Days were your marketing rate of return didn’t turn out like you thought it would, You received a denial letter from the bank,  or you just can’t get with it.

So…Can we work together?

Are you looking for a place to be encouraged by other women? Are you willing to share your story and encourage others?  If we work together we can add a little sparkle to each others day and be empowered to help others. 

I will be video blogging a song  or words of encouragement everyday for 30 days Starting Feb 1st.  I hope you will also commit to sharing your stories of hope, triumph, and victory.  Just post in comments, insert #encouragemegirl into your tweets or if you’d like to be interviewed on my radio show send a request to Ask Shameca Tankerson.

Be Encouraged!

5 Compelling Reasons Your Company Needs a Business Finance Consultant to Obtain Capital

As the owner of a company the task of obtaining capital for your business can be quite intimidating.  The reason most businesses are unsuccessful because they don’t have the slightest clue where to begin in the funding process. This is why seeking expert assistance is so important.  Here are 5 compelling reasons your company needs a Cash Flow Strategist to obtain Capital.

1.  Out of the 7 million businesses who apply for funding each year, 5.6 million don’t qualify at banks.

2.  The Small Business Administration reports that 97% of business loan applications fail.

3.  80% of businesses fail in the first 5 years due to lack of capital

4.  Lenders are placing more emphasis on business credit scores. The business MUST have three separat business credit scores.

5.  Attempting to obtain business financing using personal credit can severely limit the amount of capital available to the business.

This is why many business owners turn to a Business Finance Consultant to help them create a funding plan, establish their business credit and navigate the business funding maze.

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

Top 10 Costly Business Credit Mistakes to Avoid

During our current unc

Top Secret Business Credit Mistakes

ertain economic times, banks, credit and financial support has changed dramatically over the last couple of years. Even with governament bail outs of banks, most are not supporting you, the entreprenuer.  Although they have cleaned up their balance sheets, they have not loosened their criteria for you to secure a bank credit card, loan or line of credit.  However, THERE IS HOPE. That hope is in building strong business credit for your company. There are over 18 million small businesses in the United States and over 90% don’t know about “TRUE” business credit.

As I work with small business owners on a daily basis we use business credit as our secret weapon.  The business credit profile allows us to take any business and give it the extra life it needs to survive and prosper during economic uncertainty! So over the next several weeks I will blog about the top 10  costly business credit mistakes to avoid.

3 Ways to Protect Your business- A Conversation With Janise Graham

Listen in on my Conversation with Janise Graham an insurance and financial services professional committed to helping clients improve their long-term financial success.  During the Call Janise will reveal 3 ways to protect your business from suprises and unintended business partners. Enjoy!

http://www.blogtalkradio.com/btrplayer.swf

Listen to internet radio with WealthBuilders on Blog Talk Radio

Welcome to Credit Savvy CEO

As entrepreneurs, we each have a  big vision for the kind of lifestyle, the independence and the happiness we intend to create with our own small business.  I speak from personal experience when I say that it’s necessary to build consistent financial “systems” if we truly want to achieve all of our goals and dreams.  We help you develop  the financial clarity and business image you need to grow a successful and prosperous business.

I hope the information you find here will make you a Credit Savvy CEO.

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