[FFL 61] You Can't Abundance Mindset Your Way To A Smart Business Strategy

Are you struggling to get more clients? Have you gone into debt in order to launch your business – an idea you are incredibly passionate about and are finding it difficult to achieve success or grow? You may be thinking to yourself, “If I keep an abundance mindset, it will all work out in the end.”

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Ladies, having an abundance mindset is a crucial element in building your business, but if you don’t have a strong business strategy in place, your business cannot grow!

On today’s show, I want to discuss the abundance mindset and why you can’t ‘abundance mindset’ your way into a smart business strategy. Growing a business requires a variety of tasks and having this mindset can certainly help – it is not the “be all, end all” solution to building a successful business and career.

 

If you build your business on an ‘abundant mindset’ without a solid plan, you’re building it on very shaky ground.

 

Here’s a Breakdown of Today’s Show:

• It’s critical that you have a positive relationship with money and cultivate an abundance mindset, but it is not the only thing you need to build a solid, successful business.
• Business is like a language. You have to know how it is structured.
• When it comes to the critical success factor in your business, it comes down to sales and marketing.
• Business is a game of strategy.
• You can’t grow your business by continually investing in your technical skills or becoming super tactical about everything.
• There are three ways to grow a business. If you choose one of the three, you will experience geometric growth. If you choose two or more, you will experience significant growth.

 

The 3 Ways to Grow a Business:

1. Get more clients.
2. Increase the average unit of sale or average transaction. (i.e.: increase your rates)
3. Increase the frequency of purchase.

 

My Challenge to You:

• Focus on strategies that help you execute on one or more of the three ways to grow your business.
• If you do not have a clear path to one of those three strategies starting tomorrow – stop what you’re doing and focus on clearing that path.

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