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Archive for the ‘Business’ Category

Is time managing you?

Wednesday, February 7th, 2018

 

If you are like many people, you decided to get a better handle on your time this year. Some people call this time management. How is that working out for you?

Funny thing is that we all have the same 24 hours in the day. Some of us just do a better job of managing ourselves. We really can’t manage the time. Here are five tips to help you do that.

Know what your time is worth.

Your goal as a business owner is to turn your time into money, so I think you should know what your time is worth. Here’s an easy way to figure it out. What do you want to make this year from your creative arts business?

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Do you have good financial habits?

Wednesday, January 17th, 2018

Many artisan entrepreneurs feel uncomfortable with the money side of their businesses. It’s not uncommon. You want to spend your time creating not thinking about numbers. Of course, you are in business, and your goal has to be to make money. If you don’t make money, you won’t be able to run your business. You won’t be able to grow your business. You won’t be able to share your art beyond your family and close friends. And, the world will be less because you aren’t sharing your art with a wider circle of people.

Now is a great time to put some good habits in place on the financial side. If you take these steps, you’ll reap rewards both personally and financially.

Understand your money story

We all come to our business with a story about money. It will have good elements, and it will have not so good elements. For example, your story might be, “I’ve just never been good at handling money.” Or it might be, “Other people deserve this financial success more than I do.” Or, ” Money just isn’t important to me.”

Take some time and journal about the stories that you have about money. The stories came to you honestly. They were what you heard as a young child, what you saw on television or the movies, and what your friends or spouse believe and share.

Once you understand where your money story came from, you can ask yourself if it’s true and if it serves you. Just because you came to them honestly, doesn’t mean they are true. They might just be an opinion, and a false one at that.

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Are you waiting to be qualified?

Wednesday, January 10th, 2018

 

Do you have some business or personal dreams that are putting off because you think you need to know more before you move forward? Maybe you think you need another art course, or maybe you need that extra marketing course. Or, your website could be better, and you need to know how to do it. Or, your portfolio need to be better to enter that show. Or, you need to up your photography skills so you can take better shots of your work. Or, you don’t know as much as or are as skilled as someone else. Or…

Does that sound like you? I’ve been there. I’m someone who thrives on knowledge, and I’m always searching to learn more. And, it’s a good thing, except that it can put an obstacle in your path. It’s easy to look for the next course to build your knowledge or skill level instead of taking action, albeit imperfect action.

If you are waiting to feel qualified, stop. You are already qualified, and you just need to take the leap. Here are some tips to move you forward.

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Small Steps to Success

Wednesday, January 3rd, 2018

 

It’s the start of a New Year. If you’re like most people, you are gung-ho to accomplish something this year.

If you’re like most people, that gung-ho-ness starts to wane. That’s why gym memberships sell out at the holidays, the gyms are packed in January, and then the regulars heave a sigh of relief when all the resolution-setters give up. Life sets in and you don’t have a plan to stay on track.

Resolution realities

According to the Marist Poll, of those who make a resolution for 2017, 68% said they kept at least part of their promise. And 44% of Americans are likely to make promises to themselves again for 2018. If you are a resolution maker, you want to keep up the tradition, it seems.

Last year, being a better person (16%) was followed by losing weight and exercising more (both at 10%). Seven percent resolved to spend less money, improve their health, or eat healthier. Forty-three percent mentioned another resolution.

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Out with the old. In with the new!

Wednesday, December 20th, 2017

It is less than two weeks until the end of 2017. To me, this year just flew by. While this does not seem like a lot of time, especially with all the busy holiday activities, you can still take positive actions to end your year right and get a head start on 2018. Here are seven tips that I am taking to heart:

Don’t wait until Dec. 31 to check your financials.

Do you need to follow up on any late invoices if you want the income to be in 2017? Do you need to defer the income until 2018? Do you need to make any expenditures by year end? What tax consequences should you be aware of? A quick call or email to your accountant could make a difference, particularly as we are unsure of the new tax plan.

If you do not have a giving plan in place, consider starting one before the end of the year.

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Are you waiting to be rescued?

Wednesday, October 18th, 2017

Do you remember the hit “Rescue Me?” I was listening to it on YouTube the other day. Depending on how old you are, the tune was recorded by Fontella Bass, Madonna, or Daughtry. While the lyrics are different, the theme is the same. The subject of the song is in need of rescue, rescue by someone else.

While you are not looking for a someone to save you in the terms of the song, do you have other instances where you are looking for a rescue? I will give you a few examples. Are you looking for someone to take over your books and then tell you what to do with your business? Are you delegating  some of your work and then not following up or keeping track of the work? Did you fall behind preparing for the next show and are scrambling for someone to get you out of the jam? When something doesn’t always work the way you want, do you look for someone to blame? If only she had ….

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Lessons From Uncontainable

Wednesday, October 4th, 2017

Have you ever been in The Container Store? One is located about 15 miles from my home, so I’m familiar with the store. I was a bit overwhelmed with the first trip. So many storage choices. I had no clue.

I wasn’t, however, familiar with its history. That’s where Uncontainable: How Passion, Commitment, and Conscious Capitalism Built a Business Where Everyone Thrives comes in. It’s written by the Chairman and CEO, Kip Tindell, along with Paul Keegan and Casey Shilling. It’s not just the story of The Container Store. It’s the story of Kip’s life and and how that showed up in his business. It also focuses on his commitment to what is know as the Conscious Capitalism movement. Interesting to learn that John Mackey, co-founder of the Conscious Capitalism Movement was Tindell’s roommate in college.

The book was the reading for our ICAP Members’ Studio Book Club in October. I originally selected it for two reasons. I liked his discussion of the corporate culture and the seven Foundation Principles of his company. And, his most trusted business advisors are women.

I’m not sure how many small artisans, particularly those who work from home and by themselves, take the time to think about what their guiding principles are.

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Are you ready to step into your power?

Wednesday, September 20th, 2017

 

Do you toot your own horn? Or are you like many women – yes, it’s mostly women – who are reluctant to talk about their successes and talents? You probably don’t have any problem talking about the success of your loved ones. Why is it that we have that problem with ourselves?

This has come up over the years and again last week with one of my clients. Sophie was reluctant about sharing her successes with her work on social media. She felt she was bragging and didn’t want to be thought of in “those” terms. I told her she was not alone. Many people, maybe you, feel uncomfortable about promoting themselves, whether that’s in person, on the blog, Facebook, Instagram, or Twitter. It’s okay to talk about others and share their successes, but we downplay our own. Why? I think it is because you are not ready to step into your own power.

You have gifts that others don’t have. And, I know that you want to share those gifts. That is why you started your creative arts business. You need to share your successes so others can learn about you so that you are able to serve them. It is really about providing a service to your customers, and you cannot do that if you hide your talents.

How do you get beyond this? Here are a few ideas.

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It’s the perfect time for a retreat!

Wednesday, September 13th, 2017

 

We are almost mid-way through September. Before you know it, you will be involved in fall shows and your holiday production season will be in full force. Your focus will be on the “doing” part of your business. You’ll be working “in” rather than “on” your business.

When was the last time that you took time to work on your business? I like to set aside time to do this on a regular basis. Now is the perfect time to do this before you get heavily involved in the fall work. Get out your calendar and schedule a retreat for yourself to do this. It doesn’t have to be several days. It could be one full day, two half days or even a couple of hours a few times this week.

Why take a business retreat?

  • All of us find it really easy to work in our businesses but do you work “on” our businesses?

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Are you a bit distracted?

Wednesday, August 30th, 2017

Last week when I was clearing my studio space for my niece to work on her quilt to take to college, I seemed to get so distracted. I saw fabrics I thought would work nicely in a future project. I realized I needed to find a place for the notions that had already found a not-so-good spot. And, I found some book reviews I had clipped that seemed to be perfect for selections for our ICAP Book Club.

I had the same problem as many of my clients: the inability to stay focused and get done what needs to be done. It can be because you are distracted by other options, whether that’s the other stuff in the room or another great idea that is beckoning.

Yes, you, too, are infected with Bright Shiny Object Syndrome. As you can see, I have been there. Sometimes in my office I get totally distracted by the projects I want to make or the books/tools that just arrived or the idea I have for a new product or all the blogs that call me to tour them. How do you get past this? Here are a few ideas:

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