3 Ways To Bust Fears To Finally Plunge Into Entrepreneurship

3 Ways To Bust Fears To Finally Plunge Into Entrepreneurship

Entrepreneurship is one of the most recommended paths to take for people who wish to enjoy financial freedom. This is why “starting a business” is one of the answers you will likely see in someone’s list of long-term goals. Yet while so many people dream of making it in business, not everyone has the grit and initiative to even make the first step to realizing their vision. According to research by Dr. Philipp Berger, fear of failure is one of the top factors that explain why so many back out of investing in their own business. So to fulfill your dreams of creating a thriving business, you need to deal with the small voices inside that are hindering you from braving the risks and uncertainties related to entrepreneurship. The following points can help crush your anxieties and at the same time encourage you to finally take the big plunge into entrepreneurship.

Minimize financial worries.

Potential entrepreneurs may keep on stalling a business project due to lack of funds or the fear of running out of them. After all, losing money instead of earning it is one of the worst things that can happen to a new business. Still, this is a risk you should boldly face if you want to reap the benefits of entrepreneurship. Careful preparation and smart strategies can help you cope with this fear. Money is essential to keeping a business running, so make it a goal to raise enough funds before investing on a new venture. To reduce the risk of losing funds, thoroughly research and understand how the business model that you want to invest in works. This includes searching for ways to save operating costs and maximizing your budget. Laying out a concrete contingency plan right from the start will greatly help lessen your worries.  

Ditch perfectionism.

Do you have a great business idea but can’t find the strength to bring it into fruition? It is probably because you are afraid to make mistakes and want everything to be perfect before taking the plunge. This unrealistic expectation, though, will hardly be beneficial. Even if true entrepreneurs strive to avoid mistakes, they are surely not afraid of them. This is because they know that mistakes and setbacks are part of the entrepreneurial journey. These mistakes also come with valuable lessons that can help hone your skills and improve their business. To gain more confidence as an aspiring businessman, ditch trying to be perfect and stop comparing your progress with others.

Treat it as a great adventure.

How long have you been pondering about managing your own enterprise? It may feel good to keep on dreaming, but if you don’t do something and act on it, you may just wake up one day and realize that it’s too late. So stop procrastinating and start doing. You surely don’t want to have regrets later on in life. Treat it as a great adventure: Win or lose, you can at least be proud of yourself because you tried. When you think about it, even if it fails, entrepreneurship will leave you with skills and experiences that you can never get at a corporate job.

For many of us, operating a successful business that you can call your own is a dream come true. Many factors, however, can prevent us from achieving this goal. In the end it all boils down to making the right choices. Choose to succeed by not allowing these factors to cripple you. Instead, never stop finding ways to empower yourself and reach your goals.

Tracey and Kimberly Eaton3 Ways To Bust Fears To Finally Plunge Into Entrepreneurship
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Financial Skills Every Child Should Learn Before Leaving Home

Financial Skills Every Child Should Learn Before Leaving Home

We send our kids off to school daily where they learn everything from how to compose an accurate chemical equation to what year each ancient civilization collapsed. Our children effortlessly navigate the internet, confidently troubleshoot malfunctioning technology and speak a language all their own. But one area that continues to be an opportunity for improvement, generation after generation, is financial literacy. For various reasons (assuredly none intentional) we allow our young adults to leave the nest without the solid footing they need to confidently navigate the financial world they will soon enter. Many milestones of adulthood are paired with complex financial skills that our children may not fully understand. Going forward, we can right the wrong by making financial literacy as common and integrated as knowing their ABCs. Here are four financial skills that every child should learn before leaving home.

  1. A budget is a financial tool that helps you plan how to responsibly spend your money. Budgets also assist in creating financial security by clearly presenting your incoming and outgoing funds, which discourages impulse purchases and inconsistent contributions to your savings account. Children who learn to budget are more likely to be more adept at money management later in life. 
  2. A credit score is a three digit number banks and lenders use to determine how well-rounded and consistent your history of responsible debt repayment is. Lenders check your credit score to decide whether the risk of providing a loan is worthwhile or not. A high credit score allows you to get the best interest rates on car, home and personal loans, as well as credit cards. Knowing the ins and outs of how to effectively building credit will give your kids a head start in their journey to financial literacy. 
  3. Buying a house is one of the biggest financial decisions that we make as adults, but the process can be complex and overwhelming. For most, elements like interest rates, down payments, various types of loans, homeowners’ insurance, property taxes and closing costs were foreign concepts that we learned while buying our first home, making the experience even more stressful. Help your children avoid the anxiety by teaching them about these concepts early on. 
  4. Philanthropy is the act of giving a person or charitable foundation a gift. Philanthropic gifts can be given in the form of time, labor or expertise, but most often, they are financial. Philanthropists earn their title by habitually giving. In order to sustain such a financial commitment to others, the giver must employ several money management skills. They must budget, save and keep accurate financial records for tax purposes. Shouldering such a task is more complicated than meets the eye, so true philanthropy must be taught in the same manner as any other financial skill. By exposing children to the purpose, importance and management of giving, you substantially increase the chances of your child being a lifelong philanthropist.

The best way to help your children establish a solid understanding of financial acumen is to start early and be transparent. You are your kids’ first and most important role model and who they look to for guidance. It’s never too early to teach age appropriate money management skills to create in your children a habit of being financially informed and aware. Show your children how you manage your finances. Explain how you budget monthly. Teach them the technical aspects of making tough financial decisions. Doing so can make all the difference in how financially confident and able your child grows up to be.

Tracey and Kimberly EatonFinancial Skills Every Child Should Learn Before Leaving Home
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Three Ways to Naturally Prevent the Flu

Three Ways to Naturally Prevent the Flu

Influenza (flu) season begins in fall and peaks in winter, but can last through May. In recent years the flu has become increasingly difficult to treat. Flu shots definitely do their part toward boosting immunity, but with rapid adaptations to the virus, the flu is notoriously hard to beat. The best medicine is prevention. Luckily, there are many natural remedies and aids to help your body survive the flu season sans illness.

Sanitize

Proper hand washing rules are well known among adults, but during the flu season it’s always wise to review. Make sure to wash your hands with soap and water, scrub underneath your nails and count to 20 before rinsing. As always, avoid touching your eyes, nose and mouth. It’s best to keep your hands away from your face to avoid self-inoculation (transferring germs from one body part to another). Remember to sanitize items that you use daily (your phone, beauty products, etc.). Your office can also be the perfect place for germs to thrive. Clean your keyboard and any tangible surface you come in contact with. If you have to go to a public place, use a disposable or washable napkin to open doors or handle items. If you need to write something down, bring your own pen instead of using the one that’s provided. It’s also important to avoid sharing items that can transmit illness when shared, such as cups, glasses or cosmetics.

Get Enough Sleep

Flu season reinforces the need for adequate sleep. Adults should get seven to nine restful hours each night to maintain optimum health. If you are tossing and turning throughout the night or struggle to stay asleep, make sure to do all that you can to remedy the issues that prevent you from getting the vital sleep you need. Your body needs a fair amount of sleep to devote energy toward fighting off germs and viruses. Listen to your body and seek extra rest if you are feeling fatigued. If a solid seven through nine hours is too difficult to achieve with your lifestyle, commit to taking naps to help you recharge.

Watch Your Diet

While we all understand the benefits of eating and drinking healthfully, the flu season offers yet another reason to commit. Increase your water intake while reducing your consumption of alcohol. Give your immune system a boost with juicing and the addition of supplements. Some of the most beneficial supplements include zinc, vitamin d, glutathione, turmeric and vitamin c. Protein rich foods will also help your body fight illness. Avoid foods that are high in fat and sugar and stock up on fruits and vegetables.

While it is true that more than two hundred thousand Americans are diagnosed with the flu each year, you don’t have to fall victim to the virus too. Be aware of people who are showing symptoms, sanitize often and treat your body well. The flu is avoidable when the proper prevention methods are observed.

Tracey and Kimberly EatonThree Ways to Naturally Prevent the Flu
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Effective Tactics To Rise Stronger From Your Failures

Effective Tactics To Rise Stronger From Your Failures

You have this great idea and intense motivation to work on it. So you carefully laid-out the strategies, devote hours for completion, and set yourself for success! But then life happens and due to an unexpected twist of events, you suddenly see your grand visions of success crumbling right before your eyes.

The world has its equal share of victories and defeats so it won’t be surprising if the above scenario will sound familiar to you. Failures can indeed crush your ego and weaken your spirit but only if you give it the power to do so. You can easily pick up the pieces and start over again with the following practical tips:

Give Yourself A Time To Grieve

Staying positive in tough times is important but the pain and devastation that comes from failing makes you human. So it is alright to allow yourself to wallow in self-pity for a little while. You can take a break, seek a counsel, or shed some tears to get the negative emotions out of your system. Coming face-to-face with your feelings will give you a time to heal and will get you ready for the next challenges you face.

Forgive Yourself

It surely feels ugly to lose but it is wrong to keep on blaming and punishing yourself for it. You probably did the best you could but some circumstances are simply beyond our control. So you can acknowledge your mistakes and at the same time forgive yourself for committing it. Then remind yourself to focus on your strengths and stay steadfast amidst defeat.

Look On The Bright Side

A quote from Winston Churchill explains it best, “The pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” Your failures may be unavoidable but you have a choice on how you can deal with it. So move past the failure and see your cup as half-full. With the right attitude, you will discover that failures are a goldmine for valuable lessons and opportunities. Moreover, failure allows you to analyze where you went wrong and how to prevent it from happening again. It gives you another chance to re-examine your strategies that may ensure your triumph on your next attempt. You may be surprised to discover that your failures will open doors to various opportunities.

Come Back Stronger

You can proudly call yourself a survivor if you experienced failures but decided to get up again. Like a mighty soldier that has fought in wars, you are now in a better shape for battles. The lessons you gained from your loss will allow you to create a foolproof game plan for winning the next battles you have to face. As they say, the most effective teacher is experienced so instead of crushing your enthusiasm on life, defeats should make you wiser and indestructible.

 The most successful people understand that the road to victory is rarely smooth or straight. So instead of fearing failure, accept it as part of the process, and make a resolve to overcome it. After all, failures may scare the wits out of you but the journey will surely be boring without it.

Tracey and Kimberly EatonEffective Tactics To Rise Stronger From Your Failures
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What Children Want More Than Presents

What Children Want More Than Presents

As a parent, there’s an innate drive to shower our kids with everything under the sun. If we could, we would probably all buy our children the moon. But how would that benefit them? What life lessons would they learn from being given mountains of presents? Furthermore, children don’t want presents—well, they do—but there are far more important things you can give to them.

There are so many things that children want more than presents.

Children Want Presence

Intentional parents know that one of the main things that children want more than presents is your presence. Quality time with your kids is one of the most wonderful gifts you can give to them. Toys break. Clothes are outgrown. But that time you sat down with them and read an entire book series with them? Those memories will be treasured forever.

There’s no substitute for being there for your children. As much as you can, try to gift them with time, rather than presents.

Children Want Traditions

Remember all of those heartfelt traditions your parents got so excited about over the holidays? Everyone has at least one that they can think of off the top of their head. They’re some of the fondest moments for most people, which is why creating traditions for your family is one of the most precious gifts you could possibly give.

Like a timeless heirloom, those traditions will be passed from generation to generation, forever threading your family legacy together with strings of hope and joy.

Children Want Love

More than anything else, though, your children just want your unconditional love. Presents are lovely. Time is better. But love is what prevails above all else.

As a parent, it can be hard to accept everything that your child does. But does that ever mean you don’t love them? Absolutely not. The love of a parent should always be unconditional, and when you’re able to give that gift to your children, nothing else matters. Through that love, you can raise strong, independent, forward-thinking individuals who know how to love others deeply and pursue their dreams.

There is no greater present than that.

Tracey and Kimberly EatonWhat Children Want More Than Presents
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The Difference Between Survival Parenting and Intentional Parenting

The Difference Between Survival Parenting and Intentional Parenting

There are millions of ways to be a parent. For thousands and thousands of years, people have been raising their children—some, admittedly, better than others. Survival parenting and intentional parenting aren’t new concepts; they’ve been around as long as parenting itself. We’ve just put labels on them in modern society.

To put it simply, the difference between survival parenting and intentional parenting has everything to do with intention.

If your intention is just to survive raising your kids, you’re a survivalist parent. If, however, your intention is to raise your kids to be whole, successful, and independent, you’re an intentional parent.

Survival Parenting

“If I can just make it through the diaper-changing days…”

“If I can just make it through the terrible twos…”

“If I can just make it through the teenage years…”

At the end of those requisite 18 years, survivalist parents sigh in relief. They’ve done it. They’ve survived. But, what about the kids? More than likely, they’ve spent years being babysat by TV sets. They’ve been disciplined with extrinsic motivation in the form of bribes and threats, and as a result, they feel no intrinsic motivation to succeed. Chances are, they’ll end up right back at home sooner rather than later. Or, if they’re not inclined to couch-surf at their parents’ place, they’ll rarely, if ever, return home to visit.

In either case, survival parenting not only does the kid a great disservice, it also hurts the parents in the long run, too.

Intentional Parenting

“How can I help my child learn to do this for himself?”

“What’s best for my daughter in this situation?”

“What will I wish I had done five years from now?”

Intentional parents ask the tough questions of themselves in order to foster growth in their children. It’s not the easiest way to parent, but it’s the best for the kids in the long run. Intentional parents don’t worry about making it through the difficult stages in their children’s lives. They worry about equipping their kids to face challenges for themselves.

The Real Difference

The real difference between intentional parenting and survival parenting is in the results. Children who’ve had intentional parents grow up to be self-assured, confident, independent, successful, and well-adjusted. Children who have had survival parents may end up perfectly fine, but that will have been in spite of their upbringing, not because of it.

Of course, there’s no definitive right way to parent, but if you have the right intentions, you’re definitely on the right track.

Tracey and Kimberly EatonThe Difference Between Survival Parenting and Intentional Parenting
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How to Push Through Growing Pains

How to Push Through Growing Pains

Growing pains are a natural part of life. Everyone experiences physical growing pains at some point in their life, but as you grow older, those pains become more emotional and spiritual. They’re a sign that you’re headed in the right direction, that you’re shifting your perspective and adopting a new mentality.

It hurts to leave things behind in that process, though, which is why it’s important to have techniques to help you push through those growing pains — and emerge on the other side a better you.

Don’t Look to the Past

Don’t even look to the future. To stay grounded and on the right path to success, you have to stay centered in the present moment. That might mean feeling your pain, but you should never make a habit of suppressing your feelings. They will catch up to you eventually.

When you’re trying to push through emotional growing pains, as with physical growing pains, it’s vital to recognize that you’re becoming someone you weren’t before. You’re growing. You’re evolving. You’re changing—hopefully for the better. And looking back on who you were while you’re transitioning into the person you were meant to be won’t help you break out of your metaphorical cocoon.

Lean on Your Support System

A solid support system makes all of the difference in the world. If you have people that you can lean on and trust to support you while you’re experiencing growing pains, then there’s nothing you can’t do.

Whenever you feel like you’re on the cusp of giving up, reach out to your friends, your family, your life coach, your mentor, whoever you consider to be in your network of support, and let them know you need them in this moment. If you’ve surrounded yourself with the right kinds of people, they’ll no doubt have your back and see you through these pains.

Never Give Up

One of the worst things you could possibly do when you’re hitting an emotional growth spurt is to give up halfway through the process. You’ll never reach your full potential if you set goals, get part of the way to achieving them, and then give up and go back to what’s comfortable because you couldn’t tolerate the growing pains.

It may seem like you have miles and miles to go before you reach your destination, but giving up in the middle of the woods will only leave you stranded and out of breath.

In the end, giving up hurts you more than anything else could. Keep pushing through the pain; you won’t be sorry.

Tracey and Kimberly EatonHow to Push Through Growing Pains
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