Inspiring stories, daily helpful tips and business growth strategies from interviews with fellow entrepreneurs .
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This weekely podcast is for small business owners. With hints and tips to help you make more money, keep more of what you make and grow your business. For more great tips you can visit www.superaccountant.co.uk
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Hey money makers! Today I wanted to share with you how to calculate your cash capacity in your business. This can be a really useful matric. First of all you need to know what what the balance in your bank account is up to date. What is your current account balance? Then you’ll need to know what your accounts payable total is (what you owe to other…
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Hey Money Makers! Today I want to speak about how to know what opportunities to go for in your business. Now if you have opportunities that present themselves or potential clients in your business and you are not so excited that you want to run and call your best friend or partner.Then you might want to have a quick check as to whether that opportu…
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#073 Every business is a family business.
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Hey Money Makers, every business is a family business because every business either takes or gives to you family...it either gives money, time and energy or takes time, takes money and/or takes energy. So, watch how you are building your business and how you want it to interact with your your family and make sure that your business is delivering to…
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#072 Focus on outcomes and not just the dos
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Hey Money Makers, Now those people that are the highest performers in their area (business or sport etc.) they focus on outcomes rather than to dos. Because the problem is if we focus on a to do we’re always failing because as a business owner our to do list is so incredibly long that by the end of the day we don’t manage to finish it. That is how …
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#071 Focus on the glass being half full
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Hey Money Makers, and today's top tip is focus on the glass being half full! Even in bad situations if we can exploit the benefits of those then it makes life and business so much easier. Of course, bad things are going to happen in our business because that is life and life isn't always rosie! But if we can take the good stuff out of the bad stuff…
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#070 Knowing where to invest in your business.
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Before you invest anymore money in your business you need to get really clear on your vision, and you need to understand where you want your business to get too, and where you are now in order to know where to put that investment. Too many times I see business owners reinvesting money in their business just because it’s the new next best shiny cour…
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Hey Money Makers, we don’t get taught about money in school so what this means for you as an entrepreneur is that you need to be learning about: ? How money works, and what to do with it when you have it in business. ? You need to understand how cash flows in and out of your business to ensure long term financial success. Take care.Join in the move…
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Hey Money Makers! I wanted to share a tip with you today which is: When running online businesses we need to get over the fact that not everyone will like us and this might be hard for some personality types because we naturally want everyone to like us. In the offline world you might meet people that don’t like you and it’s the same with the onlin…
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#067 On or In - Strategy v Doing - True CEO.
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Hey Money Makers, if you’ve been in the online world for any length of time you would have heard that difference between working on or in your business. But if we want to step into a true CEO role within our business and actually step up into that position then we need to move to having that strategy, that working on your business piece as the vast…
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My quick tip for today is one that you may have heard or read before if you're following my content but here it is because it's worth reiterating. I want you to check your business bank and credit card statements for the last 12 months and I want you to go through those expenses line by line and ask yourself two questions:Is this expense necessary …
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#065 Raising your prices and increasing your clients.
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Today, I want to speak about raising your prices because I often hear from people that they have got to that point where they are really busy with their clients but they don't know where to go with everything and the answer is ‘raise your prices’. Now, you might be thinking ‘That's all well and good Annette but I'm going to lose clients or I'm not …
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Today I want you to think and reflect on how far you've come in business.It can be so easy for us to keep striving to reach the next goal, to reach the next place, and do the next thing. Sometimes we forget to take a moment and think what we've achieved, learnt and done in the last week, month, quarter and/or in the last year. So, take some time an…
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This one is for those of you that have some limiting beliefs. What I urge you to do is to research the crap out of your limiting belief. Research it as much as you possibly can and by the time you have gathered all that information on that limiting belief… it's probably quashed. So research as much as you can and you'd probably disprove it. Take ca…
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Hey Money Makers, Today's tip is about finding time to do those things in your business that you are not managing to find time for just now. It's all about scheduling. It's all about getting blocks of time in your calendar each week to do those things you say you want to do that might be writing a blog, writing a book, it might be doing a course. W…
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Hey everyone, my quick tip for today is to simplify. Too many people are way over complicating their businesses particularly in the early stages and actually by simplifying your business can make a massive difference in terms of your revenue and your profit. Instead of thinking about how you can add and add and add to your business - have a think t…
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If you are one of those people that feels like you are never getting enough done, and you are not achieving what you are wanting to achieve, and are generally feeling a bit ‘Meh’ I have this task for you. What I want you to do is write down your top 5 priorities that you have in your life. That might be family, health your business and write those …
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#059: Under £100k focus on 1 revenue stream
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If your business is generating under 100k a year in revenue then I urge to only focus on one revenue stream in your business. What I see too often is entrepreneurs spreading themselves too thinly and are trying to have multiple streams of revenue feeling that that is the way for them to reach that 100k mark. But actually what happens is they end up…
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My tip for you today is to observe! If you've seen somebody who has done an awesome launch just go back watch how they did it. If you see somebody that has created and is running a kick-ass, highly engaged Facebook Group and you want similar results then go back and look at how they are doing it. Just watch and observe! We can learn so much in our …
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#057 Your work does not equal your worth!
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Today I wanted to talk to you about your work and how that does not equal your worth! Your business and its success (whether you deem it successful or not) does not reflect on how much you are worth because you are enough, you are awesome the way you are and don’t let anyone tell you otherwise. Don’t let the way your business is now reflect in any …
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#056 Presenting proposals high to low
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If you are in a business where you send proposals to client and your proposals has different options, pricing and service levels then the best way to present that is to have the most expensive option first going down to the least expensive. If you do that, physiology it is great from a client perspective because if they cannot afford the most expen…
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Money is not the route to all evil, money is not the cause of all problems. What money does is allows us to make a greater impact in the world, it allows us to do more good in the world - and I want people to flip the money conversation that they may have taken over from their childhood where they are told all these things about money by influences…
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Which direction are you looking in your business and which direction is your finance team looking? Are you looking backwards or forwards?! Because most finances in business are backwards looking the period, quarter, month etc. But it's important to look forward with our finances too…You need to be looking at forecasts and projections going forward …
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#054 The Importance of knowing your customers lifetime value (CLV)
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You need to work out the lifetime value of your customers. What each customer is worth to you. This is a really important number because when you look at your advertising spend you can work out how much you can spend in order to get a new client because you know what each new client is worth to you. You work this out by looking how much they pay yo…
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#052 Know if your Marketing spend is working.
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Your top tip for today is around your Marketing spend because this an area where I see many businesses struggle/not having a handle on their marketing or if they’re getting that return from their marketing spend or not. And there are different types of Marketing spend brand awareness for example which isn't going to deliver you with a direct return…
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#051 I don't have the time Vs. this is a priority.
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Hey Money Makers, When you say that you don't have time to do something that's not actually the case. It's just not a high enough priority. It's not high enough on your list for you to find a way to do it. And that can be an interesting way to rethink when you're rushing around saying you don't have time, I don't have time, I don't have time and th…
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My quick tip for today is for those that feel a big meh about making a sale and don't like making a sale. Making a sale is offering your product or service to someone who has already expressed an interest in your service offering. To someone who is saying ‘I need your help’ and you're saying ‘great I have the solution’. That's what a sale is...prov…
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#049 Consuming content at least twice
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Good morning Money Makers and welcome to today's top tip! This tip is around consuming content, other people's content - and what I have started to do and I've found it's made a massive difference (and just so you know I prefer consuming content audibly; listening to Audiobooks and podcasts etc.). So when I'm listening to content for the very first…
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#048 Focusing on one key business thing at a time.
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Today, I want you to have a think about all the projects you have running within your business and all those ideas you have in mind about how you’re going to drive your business forward. Write them all out, brainstorm them on post it notes, get them all on paper and now I’d like you to half that pile! Now half that pile again, and again, is this re…
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#047 Driving your businss towards the vision of success.
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I want you to understand clearly and truly what success means to you! I often see business owners heading in a direction that’s not congruent with what they actually want from their business and their life. Make sure that you are heading in the right direction!Sit down and answer the following questions: What does success look like to me? What does…
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#046 Doing the leadership tasks in your business
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Do you track your time, do you track how long you’re spending on what I call ‘Leadership Activities’ the strategy of the business the vision the planning side of things?How long you’re spending on management tasks and managing your team? And how long you are spending on doing?It can be really eye opening to track your week and see as the CEO of you…
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Do you set goals within your business, do you drive towards those goals, and do you measure your goals? People set goals within businesses but they forget to either put the projects in place to achieve that goal and/or they forget to measure it. So it just becomes a ‘fluffy goal’ and we don’t want that within our business. So let’s have a rethink a…
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Make sure you don’t get distracted by those shiny objects because as entrepreneurs we all have a hundred of ideas each week. I have a notebook in Evernote - An ‘Idea Park’. Anytime I have an idea, I dump it in there and then during my planning sessions, I can revisit if that idea is good to pursue, if it’s in alignment with my wider vision, or if i…
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#043 Half the business time with the same results
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I want you to have a look at the time you are spending on your customers or clients each week. What if you could half that time but still deliver exactly the same results, how can you structure your business so that can happen, what does that look like in terms of increasing your efficiency and profit?Can you still deliver the same service in half …
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#042 The importance and value of showing up in your business
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Most people avoid the basics and do not show up within their business to offer their products and services to the world to impact and influence more people!If you’re shy, a little bit scared it’s ok! Just keep showing up, just keep going even if it feels like you’re speaking to no-one because that one person that could be watching might make all th…
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Today’s Top Tips:I want to speak to you today about having those all important dashboards in your business. Those one page dashboards where you can get an idea of what is happening in your business and really get a picture of how your business is operating at a glance. I have a few:I have daily polls a summary of key numbers I need to know in my bu…
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Today’s Top Tip: We cannot focus on more than one thing at the same time, our brain switches between the tasks. Regardless of gender we cannot multitask! So what i urge you to do this week is focus on one task at a time. Turning off and shutting out all distractions until those tasks are complete. It’s time to turn off those notifications and give …
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#039 Giving Value with no Expectation
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Every person that you meet, every person that you speak to, every person that you engage with online I want you to ask yourself ‘How can I deliver this person value without expecting anything in return?’.Now I’m not telling you to start working and offering your products and services for free but how can you deliver value to each person you communi…
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#038 Are your thoughts serving you and your business?
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Today I want you to think about our thoughts and how we think in general; because our thoughts become our feelings and our feelings impact our actions!Our thoughts, feelings, and actions are all linked meaning if we have positive thoughts we’d have positive feelings which leads to positive actions...which in turn is good for our health, wellbeing a…
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#037 Ask better questions in business
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What questions could you be asking your clients or your prospects that no one else in your industry bothers asking? One question I always ask people is ‘If I had a magic wand what would your business look like after I have waved it?’ and the natural response is always ‘Wow, an accountant has never asked me that before.’ So, what questions could you…
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There is no one size fits all in business. We see all these things like ‘Learn how I got from £0 - £1 M in three weeks and you can too!’ There is no one size fits all!We are all different and we are all taking different experiences to the plate when we show up in our businesses. So yes, we can get inspiration and ideas from other people but you can…
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Today’s Top Tip: The 4 Minute MileRemember the 4 minute mile wasn’t possible...until it was and now lots of people can run a 4 minute mile. It’s the same in business! If somebody, somewhere in the world is doing what you want to be doing in your business then it is possible for you to do the same. Even if it’s just one person...remember. You can to…
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I read recently that across all industries in western businesses between 20% to 70% of customers leave within the first 100-days of joining. So, you do all this work upfront to get people in, for them to engage with your services and then often the onboarding can be not so good of an experience and they leave.Listen and discover how to retain these…
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#033: The 18% Rule - perfect for employers
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Wondeing how much you should be spending on contractors, employees, freelancers, personal assistants and/or team members?If you're a new or recent start-up business knowing when you can start employing someone could be a make or break situation. So getting it right, first time is super imporant! Regardless of your company structure, we recommend 18…
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Do you really need an office? Discover a new way of working that could save your business thousands of pounds a year! https://annetteandco.co.uk/blogs/news/do-you-need-an-office
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#031 Income Streams v Revenue Streams
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In this episode I speak about the difference between income and revenue sources. I also speak about when it is a good idea to add an additional revenue stream in your business and when it is, perhaps time to wait.
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Are you taking home the money you want in your business? Might there be some money leaking out? In today’s episode find those leaks and plug them for good.
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#029 Daily Quick Tips to Grow Your Business - Day 13
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This segment of the podcast gives you daily business growth tips. Links mentioned:Facebook Group - www.annetteferguson.com/FBGroup
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#028 Daily Quick Tips to Grow Your Business - Day 12
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This segment of the podcast gives you daily business growth tips. Links mentioned:Facebook Group - www.annetteferguson.com/FBGroup
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#027 Daily Quick Tips to Grow Your Business - Day 11
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This segment of the podcast gives you daily business growth tips. Links mentioned:Facebook Group - www.annetteferguson.com/FBGroup
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[Interview] Differentiating with Anna McLoughlin from Inkspiller
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You can connect with Anna by visiting her website - http://www.inkspiller.co.uk/Or heading over to Twitter - https://twitter.com/inkspiller_And of course, if you want to connect with me, I'd love if you want to join the Facebook Group - http://www.annetteferguson.com/FBGroup
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