Uploaded by therealwendystevens on Jun 2, 2008
http://www.CoachYouToSuccess.com
Wendy Stevens Women Baby Boomers part 2 two
The Characteristics of a Successful Boomer Woman Entrepreneur
By Wendy Stevens
What I'm about to tell you will surprise you. You may think that successful entrepreneurs are free-spirits who despise structure and are renegades who would rather work alone, only reluctantly hiring a team because there's no other choice.
What it takes to break away from the good old W-2 and start your own venture is a curious mix. Forget about the idea that you have to learn how to do everything yourself. The successful entrepreneur is far from this Lone Ranger model of running a business. In my model of entrepreneurialism, it's what experts call a "Cash Machine" business, you get to strengthen your strengths and hire your weaknesses.
Hiring the right people who will do what you can't or don't want to do is perhaps the one thing that differentiates a successful entrepreneur from one who simply moves from one job (working for someone else) to another job (working for him or herself). It's also a key difference between having a hobby and having a real business in which you earn a healthy income -- far better than what you're making at your current W-2 job!
Here are the key characteristics that you'll want to have or cultivate in yourself:
You must be the business owner. There's a lot of confusion about this characteristic, even amongst those I've coached. Being a business owner means that you take charge of your life. You begin running your life like a business, and run your business like you mean it. You must decide to take charge of every aspect of your life and business, leaving that shy, meek, "really nice person" behind. I don't mean that you have to become ruthless, but you do have to decide to be responsible and in charge.
Courage. It takes a certain amount of courage to get up every day, day after day, and take full responsibility for old problems, new challenges, and the day-to-day struggles that always arise. Some days will be fantastic, and others may feel like the hardest days of your life. Regardless of any existing or new circumstances, you have the heart to stick with it, literally owning your vision, and having faith in your ability to succeed.
Resourcefulness. While I recommend modeling your cash machine business after another successful business, not everything will be the same. Times and circumstances change, and you've got to change with them. Often this requires a certain resourcefulness to seek out new opportunities and find innovative solutions to challenges. It also means finding the right people to help you with each unique situation, rather than trying to figure out everything on your own. Resourcefulness really requires you to learn how to work well with others, seeking advice and guidance when necessary.
Sequencing. This is often a tough concept for people to grasp. But it's really quite simple. The fastest route between two points is a straight line. I'm simply asking you to move in a straight line, taking each step as it comes, sequencing your activities so that you're doing the right things at the right time. Many entrepreneurs just shoot buckshot at problems, hoping that one will hit the target. You'll focus on taking the next right action, and following it with the action that's appropriate at that time.
Persistence. Honestly, you have to stick to it. Sometimes you'll fail -- we all have. But when you are persistent, you'll learn from your experiences and will soon have far more successes than failures.
Flexibility. Yes, you must be flexible. Be open to trying new things, but remain decisive. Flexibility isn't wishy-washy. It's being able to make a clear decision on a direction, but quickly make a new decision to change course if necessary. Stay in motion, because as soon as you start to fear failure, you'll lose your flexibility and get stuck in an endless downward spiral.
As you can see, much of being a successful entrepreneur has to do with your psychology -- what you are inside. The good news is that everything I've mentioned can be developed, regardless of where you are today. But you must start today. Decide to be a millionaire entrepreneur.
Go to http://www.CoachYouToSuccess.com to see how.
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Well... at-least she is in the kitchen.
TheDonkyPuncher 4 months ago
Down with the men
Leligno80 1 year ago
MSG ME ON MSN MESSENGR !!! ID IS jane24belle. im bored and need someone 2 talk 2 f
alperen65 3 years ago
Wendy, you are so awesome. I love how you grow a great business and have fun at the same time....you do not put it off....maybe later, etc. You just go out and do it now!!! We appreciate all that you do and love being part of your team. Sandra in Myrtle Beach
slhfreedom 3 years ago
Wendy,
Thank you for the inspirations!!!!!!
rchinmetro 3 years ago
Wendy, you are living your life "out loud" and that's inspiring to all of us!
yfaw 3 years ago
What an inspiring video!!! I'm even ready to join a La Crosse Team!!!! Sue in (Redding, Ca)
shighrds 3 years ago
Beautiful video. It's not about the cars, the yachts, the "bling." Wendy knows it's not about her - it's about leading and ASSISTING OTHERS to get to their goals, so that we can effortlessly get to our own. Wendy Stevens and John McDermott have inspired me to find a purpose that is bigger than myself. We can all open up our hearts and minds to collectively assist our families, our communities and the world towards a more prosperous and balanced place.
-Lisa and Brandon, San Diego
envisionfreedom 3 years ago
Wendy, you really did it! You ARE LIVING BEYOND what, only 4 yrs ago, you ever dreamed possible...YOU GO GIRL! You are not only inspiring others to reach for the stars but, are also laying out the steps to get there! You are AWESOME!
Amanda S. - IN
AbundanltyClear 3 years ago