A Few of the Myths and Realities of Entrepreneurship (From My Perspective!)

DaphneLookingUp

Entrepreneurship has been such a blessing to me, even as others still believe it always turns out badly.

Some believe that being an entrepreneur is the wrong move to make because:

  • You’ll mess up your credit score.
  • You won’t be able to make big purchases, like purchasing a home or car.
  • You won’t be able to afford health insurance.
  • You won’t be able to provide for your family.
  • You’ll waste the educational credentials that you spent so much time and energy getting.

I’ve actually found the opposite to be true for me. I’ve strived to be strategic, disciplined, and consistent throughout the 4 years that I’ve been a Leadership and Business Coach, and in full transparency:

✔ My credit score has remained consistently above 800.

✔ We have two homes and are looking to purchase our 3rd property by early next year. My over $40k in student loans is completely paid off.

✔ I’ve been able to afford health insurance or healthcare since I started my business.

✔ I work 20 – 25 hours a week, and had my revenues hit double my husband’s income this year. My two small children stay home with me even as I work with a nanny we’ve hired to watch them.

✔ I have two degrees, including one from an Ivy League University along with certifications in group facilitation and Life Coaching. I totally don’t think any of it was a waste of time, though I also believe we all have different educational paths and we all have value no matter what that educational path looked like. For me, the network and mastery I’ve gained through the schools I attended have added value to those I serve and has allowed me to serve many colleagues I’ve met while obtaining those degrees!

✔ And above all, though entrepreneurship has its challenges, I really and truly love what I do every day, I love my clients, and I’m truly blessed!

If you’re willing to be strategic, disciplined, and consistent, the sky is the limit for you personally, professionally, and entrepreneurially.

And I’m on a mission to share the wealth of knowledge I’ve gained with other entrepreneurs looking to thrive in 2019.

If you could use some help thriving (and not just surviving) as an entrepreneur, drop a comment down below or click on this link so we can set up a time to chat: https://calendly.com/daphnevalcin/discoverycall.

Please feel free to share this post with anyone you think might benefit from it.

Live your life, so that every day, you have a testimony to tell

Have a testimony

 

One of my good friends often says jokingly, “Daph, I’m about to throw in the towel.” He’s trying to say that he might as well give up when the stress of life gets to be a little too much. And I often tell him, “Nope. Pick it back up!” He laughs at me, but I know that he appreciates me saying it every time I do! We have to keep moving forward steadily towards all of the potential that life has to offer!
Many of us have so much potential and power inside of us, and it simply takes for us to believe in that daily to push forward towards our goals, to embrace hope and potential within each day, and to pursue opportunities, friendships, and relationships that would allow us to be inspired, empowered, and fulfilled.

So go for it! Don’t you try to throw in the towel. Instead, live your life so that every day, you have a testimony to tell! Have a success mentality even in the midst of the storm. Live today like it’s part of your story of overcoming and winning even amidst the challenges that come your way! Live today like it’s part of the legacy that you might pass on to your mentees, the people around you, or your future family! You deserve to embrace all that life has to offer today and every day!

I believe in you!

VIDEO: Tips to determine if your next job or entrepreneurial opportunity is right for you – Why I turned down a million-dollar opportunity

Million-dollar opportunitityButton

 

Here is the recording from the Facebook Live that I did a few weeks ago that has almost 1,000 views thus far on Facebook: “Why I Turned Down a Million Dollar Opportunity: A Few Tips to Determine Whether the Next Job or Entrepreneurial Opportunity is Right For You.” 

For those of you who prefer to read a bit of the content-rich detail of what I spoke about, here’s the basic outline of what I covered in this video:

I started out by speaking about the journey of a gentleman who happens to be a senior in age who I spoke to after a goal-setting workshop that I facilitated for him and a few other individuals. After the workshop, he shared with me the significance of him making the right decisions about what to prioritize as his life focus. He felt as if this was extremely critical with these possibly being the last years of his life. His story made me think about why we don’t all have the perspective of living our best lives now, especially since, whether we would like to admit it or not, none of us are guaranteed many years of life from this point forward (though I hope we all have an abundance of years moving forward!).

I then went on to give a few major tips on how to determine if your next job or entrepreneurial opportunity is right for you. Here are a few things I covered that we should all think about when it comes to our next opportunities:

1) What do you want from this season in your life?
More time with family?
More balance?
More of a focus on building wealth?/ Paying off debt?
More time?
Action: Write it down – What do you want and why in every area of your life? Does your dream or opportunity currently fit into these desires? 

2) What might others feel like they need from you in this season?
What might your spouse or family desire from you?
What is your child or husband’s love language, and are you able to fulfill that love language while pursuing a specific opportunity?
Do you have a sick parent or family member that you need to take care of while pursuing your next opportunity?
Is there debt that needs to be paid off in your family that you need to address as soon as possible?
Action: Talk to your loved ones before making huge decisions. Have your dream team on board to support you through your dream.

3) Is what you want entrepreneurship or a job?
Are you okay with uncertainty or do you need guaranteed profit?
Are you okay with experiencing failure on occasion that might impact your income or do you need definite additional income?
Action: If you desire to take risks with your next job or entrepreneurial opportunity, take risks at the best possible time. Maybe that means that you take the risk now while you have a full-time job, are single, or have guaranteed retirement. Maybe that time is in the future. If the time is now to take a risk, what will you do to start working towards making that dream happen?

4) Think about if an opportunity will truly make you happy doing the task that you’ll be doing, and if that happiness in doing your work truly matters to you (maybe profitability matters more to you when you explore your heart deeply).
Does happiness matter more than the profit you’ll be making in your next opportunity?
Did you find that you have a degree but are not choosing to do the thing that will bring you wealth? Maybe it’s because happiness in what you’re doing might matter more to you than profit.
If you’re currently in school, do you find that you’re not pursuing a major or degree of study that might not bring you wealth?
Answer the question: Might your happiness be more important than your wealth?
Action: Write down the experiences you’ve had that have truly made you happy. 

5) Think about if you’re honestly satisfied with the status quo (you just might be).
Is outside pressure or popularity forcing you to feel like you need to be wealthy?
Action: Pray, meditate, and determine what you want and why? What do you like about how things are going now? Do you honestly want to change?

After evaluating the above, you should have a number of strategies and tools to feel more confident that your next entrepreneurial or job opportunity is right for you!

If you thought this was helpful, definitely comment below, or as always, feel free to share this post with family and friends who might benefit from this as well!

She Paid Off $20,000 Of Debt In 5 Months

Do you know how it feels to pay off $20k of debt in 5 months? It feels absolutely amazing, and that is exactly what happened to one of my business coaching clients as a result of our coaching relationship. This client was just re-launching her business after our first coaching session. The other day, she texted me stating that she had paid down $20,000 of debt in just 5 months as a result of the work that we’re doing together. I was ecstatic!

So, I know what you’re thinking. What exactly does this have to do with me? Well, let me tell you that no matter if you’re coaching with me or not, that if you put in work towards your vision, if you’re super strategic about your approach, and if you persevere even when it’s not easy, that you might just experience the results you’ve been dreaming of, whether personally or professionally. For some people, those results come very quickly, and for others, it takes time, but research shows that perseverance and grit are the most common attributes of those who are successful. 

My client, who’s now on track for working towards paying off her house (that she recently bought), not only is always hungry for knowledge, but she has a huge focus on mastering her craft when it comes to the service that she provides. Both personally and professionally, she definitely has the perseverance and grit that research cites as being critical for success, and even when things aren’t going perfectly in life or business, she is honest with herself about what’s wrong and pushes forward towards a resolution to do better or be better. And you know what? You don’t have to be exactly like my client, but your character, values, and approach to hard work will be super important on your life’s journey. 

Practice daily the values that you know will get you to where you want to go in every area of your life, and prayerfully, you will see the fruit that produces over time!

I’m rooting for you!

As always, feel free to send me a quick note at daphne@daphnevalcin.com or comment below to let me know if anything I wrote here resonated with you, and of course, feel free to forward to family and friends that might benefit from this post as well.

Three reasons to get focused in the midst of distractions

If you are like me, then these past few weeks have been a bit trying. There is so much going on in our society and also in our personal or professional lives that seem to demand our attention. And quite frankly, when it comes to what’s happening in our country, it is my belief that you have the right to stay informed or take action to advocate for what’s right. In situations where personal or professional challenges are demanding our attention, it’s also important to work towards resolving those challenges. Though, where I believe we should all work to make a shift, is ensuring that we are walking in our purpose and prioritizing those things that are most meaningful to us in this season in our lives, even in the midst of everything else going on.

I want you to know that when you want your vision bad enough, or if your “why” for your vision is big enough, then you have to stay focused.

Here are three reasons to get focused even in the midst of distractions:

1) Your legacy depends on it

Whether you hope to leave a legacy at work; or you have children and hope for them to someday admire your story; or you simply want to ensure that when you’re gone, that the dash was awesome (as in 1965 – ___ ), you should be consistently working on determining what your legacy will be, ensuring that you are living life on purpose.

A possible solution: Create a list of the top 5 – 10 distractions that are pulling you away from your legacy and purpose and then create a second list with strategies to limit each distraction on your first list. For example, if hours of social media are preventing you from being able to invest in building your career, entrepreneurial idea, or financial strategies to pay off debt to leave a legacy for your children, then you might need to put a cap on daily social media intake.

 

2) Your distractions are possibly impacting your mindset

Research continues to show that social media and who we allow in our circles impact who we are and how we are. Ask yourself the questions: “Who do I want to be?” “How do I want to be?” “Who am I?” If who or what you’re dedicating your time to isn’t matching up with the answers to those questions, then you need to adjust. Your mindset is critical to your success and peace.

If your mindset is negatively being affected by people, places, thoughts, or actions, that could be the reason why you’re not thriving as much as you’d like to spiritually, emotionally, relationally, or professionally.

Some possible solutions: List your vision for who you want to be spiritually, financially, relationally, and character-wise in short bullet points somewhere that’s visible to you. Daily, refer to that vision in the morning and evening.

Additionally, at the beginning of the day, in prayer or through stating affirmations out loud, vocalize what you hope to exude that day. Write that down. At the end of the day, review what you wrote down, and check your intentions for the day with what you actually gave your time and attention to. If they don’t line up, chances are, your way of being and environment may not be in alignment with who you aspire to be. If that’s the case, determine one action you need to take to get in alignment for the next day, write that down, and use the next day to work on that action. Little by little, daily, you would end up taking one significant action to work towards making sure your life is in alignment with your vision of who you are and who you aspire to be.

 

3) Time is precious

We all have a limited time on this earth. And every moment is precious. I keep being reminded of the fragility of life whether that be for our own lives or the lives of those around us. You can spend your time fighting for a cause you believe in if that’s what you feel you should be doing, or focusing greatly on your family, or reading novels that excite you, or serving in communities that need you the most, or binge-watching movies that make your heart flutter, or in starting your own business, or in personal development. Your options are endless. And, the truth is, you do have a choice in deciding where you choose to spend your time. You have to be honest with yourself in determining what the best use of your time is for what you want out of life. The important thing is to remember it is your choice and to not allow things to take your attention that you feel are not worth your time or energy. 

A possible solution: Take some time and develop a list of your top 5 priorities for how you spend time in different areas of your life like social life; time at work; family; personal development; relationship; friendships; health, etc. Be sure that however you’re spending time daily aligns with what you would feel most proud of in the future. For one person, the ability to take naps, meditate, and watch a movie after work is essential and meaningful. For another person, working on a book and business while making one call to a loved one during that same after-work time-frame might be most meaningful. Be clear on what making good use of time and living your life like it’s golden means to you.

 

I am hoping that some of the strategies above resonate with you and that you’re able to implement at least one thing that will help you to stay focused on your vision and goals even in the midst of distractions.

Feel free to comment below or email me at daphne@daphnevalcin.com and let me know if this was helpful, and of course, feel free to forward to any family or friends who you think this might be useful for. As always, I believe in you!

 

Photo credit: Bryan Minear on Unsplash