Women in business if you take owning a business seriously, then your business needs a mission statement. A mission statement is a succinct statement telling your employees and customers the what, why and how of your business. Without a well-written mission statement, a business often lacks focus.

Dictionary.com defines a mission statement as: An official statement of the aims and objectives of a business or other organization.

Every time your company creates a website or blog, introduces a new product or, corresponds with a current customer or potential customer, you should be projecting your company’s mission statement.

word mission

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A business is never too small to write a mission statement. Yes, even a home-based business housed on the corner of a kitchen table needs a mission statement. A mission statement is usually 3-5 sentences, but conveys a strong message. Think of a mission statement this way: If you were standing in front of a group of potential customers or investors and had 30 seconds to tell them about your company, what would you say?

Here are three essential elements of a mission statement:
1. What your company does – the purpose
2. How your company serves – the benefit
3. What your company stands for – the value

Here is an excellent example:
You’ll find this mission statement on the website of the Coca-Cola Company:

“Our Roadmap starts with our mission, which is enduring. It declares our purpose as a company and serves as the standard against which we weigh our actions and decisions.
• To refresh the world…
• To inspire moments of optimism and happiness…
• To create value and make a difference.”

When you look at the Coca-Cola mission statement, it covers all three essential elements carefully and succinctly.

Here’s where to start:
1. Define what your business does and how it does it.
2. Define your target market and how they benefit from what you are offering.
3. Define what you believe is the value your company adds to the lives of your target market.
4. Define why you are the best company within your industry to serve your target market.
5. Take complete ownership of your mission statement – believe it and live it every waking business hour.

Your mission statement is reflected in the look of your website, in your products and in the customer service you deliver day-to-day. Your business will have greater focus when you, and your employees and customers, truly understand who you are, what you do and what your company believes in. It is well worth the time, energy and effort to write a mission statement for your business.
 
 
© Copyright 2013-2014 SharonMichaels.com – All Rights Reserved

I’m Sharon Michaels and I teach you how to do business successfully. http://SharonMichaels.com
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I invite you to stop by and check out my Author page on Amazon.com – learn more about all my Amazon books Sharon Michaels Amazon.com Author page
 
 
 
 
 
 
Disclaimer: I am the author of the paperback and Kindle ebook and an affiliate of Amazon.com – if you purchase the book through this link, I will receive a commission.

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I saw this and wanted to share…

info graphic about happiness

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I’m excited to introduce my newest paperback and Kindle book 31 Days to Growing Your Network Marketing Business

On Sunday December 7th I unofficially launched my new book on my Entrepreneurial Women Radio show.
Please turn up your speakers and enjoy!


 
 
© Copyright 2014 SharonMichaels.com – All Rights Reserved

31 Days Book Cover
Here’s a link to my newest book on Amazon.com:
The Kindle ebook: Kindle Edition of 31 Days to Growing Your Network Marketing Business

The Paperback book: Paperback Edition of 31 Days to Growing Your Network Marketing Business
 
 
 
 
 
 
Disclaimer: I am the author of the paperback and Kindle ebook and an affiliate of Amazon.com – if you purchase the book through this link, I will receive a commission.

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A life’s mission is the gift that only you can give to the world. Recognizing and appreciating your unique qualities is an intricate and important part of discovering your life’s mission. When you live your life’s mission, life has added meaning and excitement.

Finding your special and unique qualities is personal and often involves some true “soul-searching.” Discovering, acknowledging and embracing what makes you special and unique, helps you to find and live your life’s mission.

golden egg among all white ones

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Uniqueness means being without equal. No one else in the whole world has the same life experiences, inner motivators, hopes, dreams, or abilities. Are you recognizing and appreciating how truly unique and special you are?

You owe it to yourself, and the other important people in your life, to find and use your unique gifts and talents. Your uniqueness and life’s mission are almost inseparable – when you discover one, you’ll discover the other.

Discovering your uniqueness, means understanding what makes you special. Your strengths are built from the many different experiences in your life. You’re a sum total of your past, present and hopes for the future.

Finding your uniqueness flows from deep inside. Your life’s mission is the gift that only you can give the world. You have to know your unique qualities in order to live out your life’s mission.

Where to begin?

Finding your unique life’s mission will help you become more in tune with your inner self. To get where you want to go in the future, you need to know where you are right now.

What really makes you tick? Let’s start exploring.

When you were little, before the world began telling you what you couldn’t do, what did you want to be when you grew up?

Let the child in you dream and plan the future. Believe the impossible is possible. Believe your dreams will come true. Believe, without a doubt, that you are worthy and deserving of success, happiness and unlimited prosperity. Allow the child in you to come alive once more with wonder, anticipation and excitement.

Are you aware of how you truly feel about living out your destiny and finding your life’s mission?

Down deep inside is a belief system reacting positively or negatively to the idea of finding and living your life’s mission.

You’ll want to take a few minutes of quiet time and answer these questions.

1. What was I most often praised for in my life?

2. Was I encouraged to take risks and try new things?

3. What have I stopped myself from doing because I didn’t feel I would succeed?

4. What did I most often dream about becoming when I was a child?

Appreciating the special person you truly are, allows you to find and live your life’s mission. Now it’s up to you to go for your dreams!
 
 
© Copyright 2007-2014 SharonMichaels.com – All Rights Reserved

Be sure to purchase your copy of Sharon’s goal setting and achieving paperback and Kindle book, 21 Days to Living Your Dreams on Amazon.com
 
I’m Sharon Michaels and I teach you how to do business successfully. http://SharonMichaels.com
sharon michaels photo
 
I invite you to stop by and check out my Author page on Amazon.com – learn more about all my Amazon books Sharon Michaels Amazon.com Author page
 
 
 
 
 
 
Disclaimer: I am the author of the paperback and Kindle ebook and an affiliate of Amazon.com – if you purchase the book through this link, I will receive a commission.

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With all of today’s responsibilities, women are motivated more than ever to create financial security.

Let’s talk about multiple streams of income.

Think about income as falling into three categories – earned, investment and passive. These are known as income streams. An income stream pays you money on a regular basis.

american money

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Earned income usually comes from a job. It’s the hours for dollars concept.

Investment income comes from interest on bank accounts, dividends or profits from stocks and bonds.

Passive income is money earned without the minute-to-minute, hour-to-hour and day-to-day time and effort. It can come from such things as royalties, a network marketing override check or income from rental property.

When considering possible passive income, be wary of promises about doing nothing and still making thousands of dollars. Do your homework!

Let’s take a look at three ways (of many) to generate passive income.

Network Marketing – A business opportunity where you distribute a product or service and recruit a team to duplicate what you’re doing. As your team grows, the network marketing company pays you a percentage and bonuses based on your team’s revenue.

Example of network marketing companies: Apriori Beauty, Melaleuca, Shaklee and many, many more.

It takes time to build a team and develop passive income. Choose your company wisely; network marketing is not get rich quick. It takes time to build a business but once you’ve built your business, you’ll begin enjoying the rewards of passive income.

Internet Affiliate Marketing Programs – In a nutshell, it’s about using one Internet site to drive traffic to another Internet site. You are rewarded with a commission when your referred customer makes a purchase.

Example of an affiliate program: Amazon.com

It takes a large number of referrals to generate substantial passive income, but if you have the Internet traffic it can truly become passive income.

Creative and Intellectual Property – Royalties are paid to you each time someone reads, listens or uses your authored books, music/songs, software, inventions or patents. It takes work to write, develop and/or invent but the benefit of this work can potentially generate passive income for generations.

Example of creative and intellectual property: In the early 1960’s songwriter Paul Anka wrote the theme music for Johnny Carson’s Tonight Show. Every time that song played, he was paid a royalty.

It is important to do your research. Find an attorney and other professionals who are trained to protect your creative works. There are many legal issues involved with intellectual property but it’s certainly worth the time and effort.

Can you see how multiple streams of income, especially passive income, could produce a financially rewarding future? Financial freedom is having your money work for you.

Passive income allows you to leverage your time and money – you can do what you want to do, not what you have to do to bring in an income or additional income.

As with any business or investment venture, consult professionals and do your homework.
 
 
© Copyright 2007-2014 SharonMichaels.com – All Rights Reserved

Be sure to purchase your copy of Sharon’s goal setting and achieving paperback and Kindle book, 21 Days to Living Your Dreams on Amazon.com
 
I’m Sharon Michaels and I teach you how to do business successfully. http://SharonMichaels.com
sharon michaels photo
 
I invite you to stop by and check out my Author page on Amazon.com – learn more about all my Amazon books Sharon Michaels Amazon.com Author page
 
 
 
 
 
 
Disclaimer: I am the author of the paperback and Kindle ebook and an affiliate of Amazon.com – if you purchase the book through this link, I will receive a commission.

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