Entrepreneurship

How to Create Your Business Plan 101

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Faviola the CEO Hustler

The "Hustler Business Plan" 101

Create a successful business plan for your Business (DIY)

Boss Up and Rise

By FAVIOLA VALENCIA "THE CEO HUSTLER"

Why is a Business Plan important?

 

Imagine starting your business with “high-profit margins, low overhead, and no physical products, a business you could run from the comfort of your own home or from wherever” all while bringing in six figures, with a platform you probably already use – wouldn’t that be great?!

 

Well, before you can do that you need to create a business plan just as with any other business, you need to have a plan in place for your business, regardless of the type of business.

 

So, before you even begin to think about making any type of income from your services, or products, you need to start treating your “business” as a business.

 

Yes, many “businesses” start a business, but they don’t treat it like a business…In other words, they are just providing the service, collecting the money “commingling funds and their business”, which is a NO!, NO!

 

Little Story: I started my business in 2000 but unlike many businesses I had business experience both Small and Corporate experience and therefore I knew early on what I needed to have in place and what I needed for my business in order to protect it and protect myself.

 

However NOTHING is “BULLETPROOF” and even with all these measures things still happen, but if you prepare yourself you are able to handle things a lot better than NOT being prepared, right?!

“A business without a plan is doomed to fail, According to U.S. Small Business Administration, a business plan precisely defines your business, identifies your goals and serves as your firm’s resume.”

The biggest mistake that I’ve come across when it comes to business is that many exist without a business plan. 

 

But, unfortunately, many fail or put their business at RISK because they don’t have what they need for their business.  

 

A companies business plan is the foundation of a business, without it, a company is inevitably “doomed to fail – bottom line your putting your business at RISK!”

 

Example: When you have a plan you actually start thinking about your earnings,  but also the best way on how to allocate your resources—time and plan more importantly plan on your business growth and where you want to be or go.

 

Unfortunately, not every savvy entrepreneur creates a plan before they launch a new venture…All entrepreneurs, freelancers, solopreneurs, start-ups, etc should (must) create a business plan.

 

Regardless of how long you’ve been in business (even if you are a newbie), walk with me through the following steps and let’s create a strategy (we’ll call it our “Hustler business plan”) and fast track your path to profitability.

A business plan doesn’t have to be complex or 20+pages long especially if you are just starting out, it can be a Basic plan with basic components;  balance sheet, an income statement, and a cash flow analysis.  

 

It will help you allocate resources properly, handle unforeseen complications, and make the right decisions for you and your business.

 

This information is crucial for your business because it provides specific and organized information about your company and how you will repay any borrowed money.  And more importantly, having a good business plan will help your overall success for you and your business. 

 

A business plan will also help you if you are thinking of adding on a sales team, VA’s, vendors, suppliers, or operations team, but it will help you define and focus on your goals.

 

Remember your business is your “Baby” and having a plan on how to care for your “Baby” is going to be so important and crucial for the overall growth of your “Baby”, right?  You have to teach your baby how to “Crawl before they Walk, and before they Run”…  

 

So, now that we got the “411” out of the way, let me tell you that everything that I share with you is based on “Real Life” experiences, knowledge, trial/error, research and development and I share with you ONLY things that I’ve invested in and proven methods. 

 

Having said that, you can choose to spend the Time & Money in doing your research, or contracting another “Coach” to create the plan for your business, or you can invest in my DIY that includes a Step-by-Step process and plan that I’ve used for my business. 

 

I spent over $5k on this plan, but I share it with you because I know how expensive starting and growing a business can be and I wish I had this same benefit back when I started my business, but I didn’t!

 

Did you know that A business plan varies quite a bit and Consultants can charge around $3,000 to $15,000 for a complete business plan? For larger corporate projects, expect to see costs ranging from $25,000 to $50,000 – YES!!! 

 

And these plans usually don’t include your Sales & Marketing, Strategic Planning, HR, Operations, etc…these are all sold separately but are so IMPORTANT if you want to run a successful business!

 

Let me tell you that I spent over $30k just on plans, handbooks, manuals, etc but they played a key role in my growth and success with my business, more importantly, they helped me get the 6-figure contracts and expansion.

Get the Basic Business Plan

Don’t put your Business At Risk. Start & Grow on the right track!

Interpreter Training

Introduction to Interpreting training

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Faviola the CEO Hustler

Watch “Introduction to Interpreting, be a professional medical, legal, community Interpreter in (2019)” on YouTube

Are you Bilingual and want to Start a Career as a Professional Interpreter, but don’t know how?

Here’s a quick video that will explain a little more about what you need, what it takes and what you must know before jumping into this industry if you want to “Earn Your Worth”…

This is a Billion dollar industry and there’s so much potential for growth and opportunities to Starting Your Career as a Freelancer, Entrepreneur or an Agency Owner…

Learn what it takes and get trained the right way so that you can get your career and business started on the right path.

Have you joined my private and Exclusive Group?

Are you following me on all Social Media platforms?

Follow me and learn more about How to get started and How to grow your Career and/or Business.

 

Entrepreneurship

My Best Web Hosting Services 2018

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The Entrepreneur Cafe Members Club is an online member-only entrepreneur platform for all entrepreneurs around the world.

Inside you will find lots of resources, tips, information to help you start, grow your business. You will also be able to connect and mingle with like-minded professionals from around the world.

You will Receive Freebies, YES! – FREEBIES!

  • How to market yourself
  • How to start your own business
  • Step-by-step guides
  • Step-by-step worksheets
  • Free content to help you with your Biz
  • SSM information – How – To – Market Yourself
  • Networking
  • Marketing
  • Branding and so much more…

You no longer have to attend ALL these ONLINE WEBINARS, TRAINING, etc. I will provide you with “ALL THE BELLS AND WHISTLES” THAT YOUR BUSINESS NEEDS!

Learn More and If you Like What You See, you will be able to join online today! Join Today!

Interpreter Training

Start Your Interpreting Career: Inside Secrets from Freelancer to CEO

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Let's get this Hustlin started

By Faviola Valencia, the CEO Hustler

Are you bilingual and want to start a career as a professional interpreter?

Want to learn the ins/outs of this billion dollar industry?

Do you want to learn what it takes to start your career?

Do you want to start your own business?

So, are you ready to start your career and take it to the next level?

“Speaking a Second Language DOES NOT make you an Interpreter, any more than having ten fingers makes you a pianist

Want to Learn what you need and what it takes to Start a Career as a Professional Interpreter?

 

Are you bilingual and love helping others and love to travel?  Then this might be the career for you!

 

Watch this FREE training and find out if this is the right training for you and if I’m the right Coach and Trainer for you…

 

This video will answer your questions…i.e, if this training is for you, if you have what it takes to start your Interpreting journey!

 

Send your questions directly to faviolatheinterpreter@gmail.com 

Watch & Learn if this is the right career for you, Get Trained!

Watch it for free . No registration needed. 

If you or anyone you know is interested in starting a career as an interpreter, or if your an interpreter who is “stuck” and doesn’t know how to increase their business, then contact me and start your Career today!

 

Don’t wait, start making what you WORTH!

 

Join today and SAVE TODAY!

(more…)
Daily Life

WHY FREEBIES

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Join my blog

Why Freebies???

Well, first and foremost I want to Welcome you and also Thank you for subscribing to my page(s) and downloading your FREEBIES!

Why Freebies??? Well, I provide Freebies to all my subscribers who are in search of information regarding Business, Entrepreneurship, Start-Ups and How to Become an Interpreter. I want to help you obtain FREE INFORMATION on what the business world looks like and to help you decided whether or not you want to enter this beautiful, yet crazzzy, hectic world! Many times individuals think that #StartingYourOwnBusiness is easy, but let me tell you IT’S NOT! It will take #hardwork #dedication #motivation #latenighthours #sleeplesshours and #workingweekends so if you’re up to the challenge, then let’s GO!!!

So, by subscribing to either my Blog, Group, or Email List, you will receive TOP NOTCH information that I’ve used to #Startmyownbusiness and information that has been used, implemented and that actually works!

So, DON’T WAIT and #JoinmyRockStarTeam here you will find information, masterclasses, What it Takes to Start Your Own Biz, using your own skills and more!!! I’ll see you on the other side 🙂

If you have any request, please email me on the CONTACT page.

DOWNLOAD YOUR FREEBIE NOW!

Are You Ready to #BossupandRise and ready to Invest in You and Ready to Start Your #InterpretingCareer or Ready to Start Your #Business the right way?

Sign Up for my Exclusive Workshops www.faviolavalencia.com/entrepreneurship or if you are ready to Get Trained and Interested in my 1:1 coaching programs, then check this out! www.theceohustler.com or my Group Trainings www.BossupandRise.com

Entrepreneurship

Seeking an Interpreting Career?

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start your interpreting career

Seeking an Interpreting Career?

Starting an Interpreting Career, Business or Corporate Business can be very rewarding, if done the right way!

Boss Up and Rise

By FAVIOLA VALENCIA

Are you bilingual and would like to start a professional career as a Freelance Interpreter, or maybe you would like to Start Your Own Interpreting Agency?

Or how about just being an Entrepreneur and having the opportunity to work when you want from wherever you want?

Do you have what it takes or know what you need?

  • Speaking a Second Language is NOT the ONLY skill you need!
  • Do you have Business Skills?
    • Do you have Sales and Marketing Skills?
    • Do you have Accounting Skills?

Working as an Interpreter / Translator is a very rewarding career.

  • Love to work and help others?
  • Love to travel?
  • Love languages?
  • Love working at your own pace?
  • Love being your own boss?

Then this may be just the career for you!

“Being my Own Boss has been the best decision ever made, Faviola the CEO Hustler”

I have been working as a Professional Spanish Interpreter for over 17+ years, as well as an Interpreter Trainer and Entrepreneur

 

I’m also a previous Interpreting Agency Owner (2000 – 2014) but transitioned to being an Entrepreneur as of 2014 to present (and loving it) so I know first hand what it takes to get your  Interpreting Career going!

 

As a Freelancer and CEO I know what it takes to work as a Freelancer, Business Agency and Entrepreneur, I know because I built a 6-figure business from the ground up in 2000 an I continue to build my “offline and online” business doing what I love all while using my skills and services.

 

Ok, so moving onto the Biz world…here are a few questions and things to ponder…Many agencies will tell you to “Get Certified”, Okay, so you get Certified, you take the test and then what? Let me tell you that you don’t want to be like many who get a degree, but have no experience and don’t know what to do to put their degree into gear.

 

So don’t be like the “other guys” getting a Degree with no job experience and unable to get a job after spending 1000s on your degree.

Nowadays, many “millenniums”, or anyone for that matter will invest in their career, while working 1-2 jobs vs. working in a field that they love, or doing internships in the field that inspires them!

 

So by the time they get their degree and they try to apply for jobs – guess what? They are unable to get a job because they don’t have any work-related experience!

So, my recommendation to become an Interpreter is to:

  1. Make sure that you are Fluent in both the English and Target language
  2. Decide – Do you want to be a Medical, Legal, Conference, or ASL Interpreter
  3. Learn the; Medical, Legal, General terminology both in English and the Target Language
  4. Obtain Interpreter Training; Code of Ethics, the Do’s and Don’ts
  5. Gain Experience by helping friends and families, or even accepting “basic interpreting” assignments.  When I mean basic assignments I mean: Follow-ups, Doctor basic visits, or even Attorney / Client appointments (only if you are familiar with the Medical / Legal) terminology!

Note: Many agencies will CONTRACT YOU without experience, or without skills, or qualifications; however, you!

 

Yes, YOU! you are putting yourself at RISK, but more importantly, you are putting the English Limited Speaker at RISK!

So, PLEASE BEFORE ACCEPTING ANY ASSIGNMENT – make sure you are COMPETENT and QUALIFIED to take on the task! Don’t just do it for the MONEY $…

 

Are you ready to START YOUR INTERPRETING CAREER? IF SO, I INVITE YOU TO JOIN MY INTRODUCTION TO INTERPRETING, this is the FIRST STEP...

Your SECOND STEP IS: BOSSUPANDRISETRAINING and THIRD STEP IS: SOCIAL MEDIA TRAINING

 

Soon to Come; my Step by Step guide on “The Business Guide for Interpreters (TM)”

Are You Ready to #BossupandRise and ready to Invest in You and Ready to Start Your #InterpretingCareer or Ready to Start Your #Business the right way?

 

Sign Up for my Exclusive Workshops www.faviolavalencia.com/entrepreneurship or if you are ready to Get Trained and Interested in my 1:1 coaching programs, then check this out! www.theceohustler.com or my Group Training www.BossupandRise.com 

Start your Own Health and Fitness Business