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Ep. 133: The problem with having a decent income from your business

Ep. 133: The problem with having a decent income from your business

Released Friday, 22nd December 2023
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Ep. 133: The problem with having a decent income from your business

Ep. 133: The problem with having a decent income from your business

Ep. 133: The problem with having a decent income from your business

Ep. 133: The problem with having a decent income from your business

Friday, 22nd December 2023
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In this episode of the Small Business Startup Essentials Podcast, host Tom Clairmont delves into the critical aspect of income goals in the entrepreneurial journey. Here's a summary of the key points and insights covered in this episode:

  1. Importance of Clear Income Goals: Tom emphasizes the significance of setting clear income objectives in the entrepreneurial journey. These goals serve as essential markers to measure progress and prevent complacency.
  2. Mindset of Proactive Growth: Setting income goals is not an act of greed but a proactive mindset for solopreneurs. Success in business requires continuously pushing forward and adapting to an ever-changing landscape.
  3. Avoid Complacency with Stable Income: While stable income is an achievement, Tom cautions against complacency. Solopreneurs should not rely solely on a single substantial client for their income, as it can lead to vulnerability if the client's circumstances change.
  4. Continue Striving for Growth: Solopreneurs should maintain their drive and urgency to secure new clients continually, even when they have stable income. Tom encourages a mindset of ongoing growth and expansion.
  5. Consider Hiring a Virtual Assistant: To free up time for strategic activities and avoid over-reliance on a single client, Tom suggests considering hiring a virtual assistant. Delegating lower-level tasks can enhance efficiency and business growth.
  6. Embrace Holistic Growth: Growth should encompass various aspects of life, including emotional, health-related, and overall well-being. Solopreneurs should continuously review, modify, and improve their goals, remaining in a state of continuous learning.
  7. Invest in a Virtual Assistant: Despite the challenges in finding the right virtual assistant, Tom believes that this investment is instrumental in maintaining momentum and achieving consistent progress in a solopreneur's journey.
  8. Avoid Self-Sabotage: Tom's powerful message to solopreneurs is to avoid self-sabotage and keep moving forward. Constant growth and momentum are essential, even during periods of financial success.


This episode serves as a reminder that success in entrepreneurship is not solely financial but encompasses various facets of life. Solopreneurs should strive for growth in all areas, continuously adapt to change, and remain proactive in their pursuit of success.


Website: www.tomclairmont.com

Online Course: Solopreneur 90 Day Launch Plan

Receive weekly tips and perspective emails from Tom on having a professional online business HERE.



www.tomclairmont.com

Support this podcast at — https://redcircle.com/solopreneur-success-path/exclusive-content

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From The Podcast

Solopreneur Success Path | Have A Profitable Online Business

Who Is This Podcast For?If you are thinking about starting, planning or launching an online business, OR, if you've hit a wall with getting clients and feeling overwhelmed, then tune in.Do you need a roadmap for how to have a solid foundation for your business? The topics I cover are all under this one theme:These are the things I needed to hear when I was starting out. Not having a solid plan in place could cost you a lot of money, time and frustration. I'll give you the same advice I give my paid coaching clients...for FREE.Are you planning a second act for your life because of retirement or pending retirement? The small business world is very different than it used to be. Are you in the middle of a later in life pivot and you need to save a lot of time with your new business launch?Starting an online business with a solid plan is essential for success in today's competitive world. With so many options for everyone to choose from, how will you stand out above the crowd and rise above the noise?What will be your plan for success? Listen for a fresh perspective from someone that knows what the struggles are and how to overcome them. Listen for some motivation and a 'mindset reset' to help you keep moving forward and to have a perspective of expecting success.What Will You Hear? I'll go over the essential tips and strategies you will need to work through, step by step, what are defined as the Dream / Plan / Launch process, which will help you launch your personal brand business from the ground up. I'll go over topics relating to the '7 Basic Building Blocks of An Online Personal Brand Business':1. Vision2. Website3. Product/Service4. Marketing5. Email List6. Branding7. CopywritingI also cover through the process of multiple episodes, 'The 3 Systems You Need To Have To Get Clients':Client Attraction SystemClient Conversion SystemClient Nurturing SystemListen in, also to some inspiring stories from others that took a bold step out of their comfort zone to pursue their dream of having their own online business.About the HostPodcast host, Tom Clairmont has been a Solopreneur for the past 20+ years in the United States and has a special focus on providing step by step personal brand, small business startup coaching, for those that are looking to become a full time or part time entrepreneur.If you'd like some 1:1 or group coaching on how to start or grow your own personal brand business more efficiently and faster, you can sign up for an open time slot (or get on the waiting list) at: https://calendly.com/tomclairmont/45min

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