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!

Daily Life

Tips for Tackling Sleeplessness Without Prescription Pills

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Faviola the CEO Hustler

Tips for Tackling Sleeplessness Without Prescription Pills

Faviola the CEO Hustler

By FAVIOLA VALENCIA "THE CEO HUSTLER"

Blog courtesy of Sheila Olson

Entrepreneurs sacrifice many aspects of their personal lives for their business. Unfortunately, this often means de-prioritizing healthy activities like exercise and sleep. Women are particularly at risk of the adverse effects of sleeplessness.

 

According to the American Academy of Sleep Medicine, women are more likely than men to suffer from trouble sleeping and tend to have a harder time functioning on too little sleep. There’s no doubt that women business owners need to make sleep a priority in their lives! If you’re having trouble getting the quality sleep you need, check out the following tips to relieve sleeplessness naturally.

“Life is to short live it wisely and don’t stress on things that you can’t control and focus on the things you can- Faviola Valencia”

Transform Your Phone into a Sleep Coach

 

Although your phone can be extremely useful for connecting with clients, managing your marketing strategies, and staying organized during the workday, it can be a serious sleep disruptor in the evenings.

 

Transform your device from a bedtime procrastination culprit into a personal sleep coach by downloading some sleep-promoting apps. Headspace and Relax Melodies, for example, are excellent resources for guided meditations and soothing sleep sounds. Other apps, like Sleep Time and Sleep Cycle, will track your sleep cycles and gently wake you up in the morning during your optimal sleep phase. Just make sure your smartphone is powerful enough to run your apps all night long!

 

If you’re in need of a new phone, some of the latest iPhone models have up to 25 hours of battery life and wireless charging. If you’re an Android user, models like the Asus Zenfone 6 and Moto G7 Power are high-performing devices and offer multi-day battery life. 

Give Your Bedroom a Makeover

 

Our bedroom environments affect our quality of sleep more than we think. Some common household sleep disturbers include noise, heat, and clutter. If your bedroom environment doesn’t feel like a sleep sanctuary, it’s time for some redecorating! Thrive Global recommends decluttering, hanging blackout curtains, and repainting in calming pastel colors.

 

Investing in a new mattress can also do a lot to improve your sleep. Outdated mattresses are uncomfortable and unsupportive, which is why it’s important to replace your mattress every 7 to 10 years. If it’s time for an upgrade, be sure to read online reviews before buying a new bed. Different mattresses are better suited for different body types. For example, Tuft & Needle mattresses can be very comfortable for small and medium-sized sleepers but may not provide enough support for people over 250 pounds. You’ll also want to keep your preferred sleep style in mind when selecting a mattress since back and stomach sleepers tend to need more support, while side sleepers need conforming pressure relief.

Adopt Healthy Lifestyle Habits

 

The activities you engage in on a daily basis can also have an impact on your sleep. For example, nicotine and alcohol have a very negative impact on sleep quality and increase the frequency of nighttime wakings. Research suggests that these substances are even worse for our sleep than caffeine! On the other hand, a healthy diet will ensure you get all the essential vitamins and minerals that your brain uses to regulate sleep-inducing hormones. Regular exercise can also help you fall asleep faster and sleep longer, especially if you get moving in the late afternoon. Just try to avoid exercising too vigorously right before bed. In general, healthy habits tend to help us fall asleep faster and enjoy better quality sleep.

 

Don’t underestimate the importance of sleep. Your business relies on your ability to care for yourself and stay balanced. Getting a good night’s sleep every night will benefit your overall health in several ways, and in turn, give you the energy and motivation you need to take your business to the top.

Entrepreneurship

Getting Started in the Gig Economy

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business entrepreneurship

How to get started in the Gig Economy

Ready to Start or Grow Your Own Business doing what you Love? This is a Good Read, let me know your thoughts in the comments!

FAviola the CEO Hustler

By FAVIOLA VALENCIA "THE CEO HUSTLER" PROVIDING ELITE SERVICES 4 YOU.

THANKS TO BLOG CONTRIBUTOR LUCY REED

Are you tired of clocking in and out of your job every day? Do you long for the freedom to work around your own schedule? The freedom the gig economy provides helps millions of people work on their time while making enough money to support their dreams. However, working through the gig economy isn’t for everybody. It takes resources, dedication, and discipline. Read on to help determine if finding a job as a freelancer is right for you.

 

What Is the Gig Economy?

 

First of all, what even is the “gig economy?” This is a modern term we use to define a workforce where organizations contract independent workers for short-term working engagements. Oftentimes these workers find their “gigs” through technological platforms that help connect freelancers with people or companies that are looking for temporary help. Predictions estimate that by 2020, 40 percent of American workers will be freelance, independent contractors. Popular gig economy websites include:

“Class aptent taciti sociosqu ad litora per conubia nostra, per inceptos himenaeos .Aenean non turpis vitae ligula tristique sagitt isras varius erat pulvinar eros pretium”

  • Uber
  • Lyft
  • Turo
  • HopSkipDrive
  • AirBNB
  • OneFineStay
  • OpenAirplane
  • ToolLocker
  • ParkingPanda
  • Closet Collective
  • Postmates
  • Amazon Flex
  • TaskRabbit
  • Upwork
  • HelloTech
  • SpareHire
  • Freelancer
  • Etsy
  • Feastly
  • Udemy

Freelancing has its benefits. It allows people to work from wherever they are without having to adhere to a regular office schedule or regulations. However, there are definite drawbacks to working a gig. Freelancers have to be in charge of things other companies outsource to human resources departments.

 

If you want things such as health insurance and a retirement package, you will have to do the research and invest in them yourself. Furthermore, independent contractors in the United States work through 1099 contracts, meaning they get paid in full, and state and federal taxes are not withheld. When working as a freelancer, it is important to set aside money for tax payments while also tracking business-related expenses for deductions.

 

Getting Started with Gigs: Resources, Dedication, and Discipline Deciding what kind of freelancer you want to be that will depend on the resources you have.  Resources refer to both the things you own and the services you provide.  If you don’t have a car or a driver’s license, you can’t drive for a rideshare company.

 

The same thing goes for freelance work such as copywriting — if you don’t have the technology to connect with people online or the writing skills to do the task, there’s not much chance for you in that field. To decide what kind of gig is right for you, do a self-assessment of your assets to determine what works best for you.

 

Beyond your resources, you have to have dedication and discipline. Without a boss breathing down your neck, there is no one to hold you accountable for completing your work. If you want to freelance, you have to be a self-starter who sees your projects through. If you don’t manage your time effectively, you will end up disappointing your clients and failing to get hired again. Furthermore, you won’t make enough cash to make your living as a freelancer.

 

Tips for Freelancers

 

So you’ve determined your best route for gigs and you are ready to get going — great! Set yourself up for success with these helpful tips:

 

  • Set up space where you live for a home office. Even if your gigs take you out of the house, you need a space where you can organize your documents and schedule. Make sure you have your wiring and communication needs met in this area and personalize it with custom chairs, desks, and other furniture. Establish rules in your home office that provide structure and discipline in your working area separate from the relaxation and fun you have in the rest of the house. 
  • Connect with other freelancers. Not only can they provide you with helpful tips and social support, but they may also be able to connect you with other clients in need of your services. 
  • Don’t neglect your branding. Any time you advertise your services, you should stick to a particular set of visual rules that will create a visual imprint in a potential client’s mind.

***

The gig economy provides freedom and flexibility to work on your own schedule, but there are drawbacks as well. Budgeting for insurance, retirement, and taxes are just a few of the responsibilities a freelancer has to do on their own. However, if you have the resources, dedication, and discipline, there is nothing stopping you from pursuing a career you love!

Learn More on How To Start Your Own Business Today!

Entrepreneurship

Start and Grow Your Biz With Me

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Entrepreneur Boot Camp Guide

Start and Grow Your Biz With Me!

If you are like many aspiring entrepreneurs who have a special skill or product or service and want to Start Their Own Business, then you need this!

 

Yes, with my Entrepreneur Boot Camp 101, you will get a Step-by-Step guide to help you with the necessary items that you will need to get your Biz Started! 

 

And when you buy this awesome guide, you will also get a One (30 minutes) FREE one-on-one call with me! In this call be prepared to ASK ME anything you want and need to get your biz on the road!

Unlike the 100s of other downloadable training (forms) out on the web, my step-by-step Business Startup guide will provide you with actual Steps vs. just forms so that you can get your business started on the right track! 

 

It will provide you with steps on; what to do, how to do it, and what you need and so much more!

Join the CEO Hustler Team "click here"

Plus, don’t forget to get your freebies and if you sign up to my Blog you will also have First Dibs on all my Free Information, Tips, Guides, Resources and so much more…

Join My Exclusive Entrepreneur Cafe Group "click here"

Also, when you Join My Entrepreneurs Cafe Exclusive Members Club you will get “All the Bells and Whistles”, everything you need to know about Starting and Growing your Biz!​

Interpreter and Business Owner

Why Work With Me

Well, you see I love to research and do my due diligence on everything I do before I buy, or promote… So, all those “FREE” webinars, training, tutorials, etc that you have attended in order to Start, Grow, Social Media Help, etc… Most likely, I’ve already attended, tested and tried and I know which ones work and which ones don’t!

But…more importantly:

I’ve been in business for over 18 years.

I started my own business from the ground up.

I’m a former CEO and founder of one of the Top Language agencies in California.

I have over 25 years in business management experience and I’m an Entrepreneur And I can help you with all the Do’s and Don’ts in Business!

So, Let’s Get Started Today!

 

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

Need Bizzz Help?!

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Start Your Own Business_Cover

Need Bizzz Help?!

Happy Dayyyyyy!

Well, I’m just touching base with all my #blogfollowers #BizRockstars because you’re a valued member of my Blog Community!

I‘ve had the pleasure of helping fellow business owners for the last 18 years.

By providing them with the necessary tools and training of my proven strategies on “what to and what not to do” in order to attract their dream clients and help them start and grow their business.

In fact, 1000s of my #entrepreneurrockstars have been very successful with my training that many of them have now started their own business, and have also started their professional interpreting career! So, this stuff just works!

If you have a passion for business then now is the best time to be in business.

What are you currently trying to do; start your own business, grow your business, become an Interpreter, sell your services and or products?

Are you looking to launch your business? Or are you looking to grow your business?

I am here to help and support you.

Interested in a FREE 45 min Boss Up and Rise Call, well I’m happy to jump on a quick call and help you with your goals.

Sign up and get your 45min BossUpandRise Call

#KeepMovingForward

#NeverGiveUp

Entrepreneurship is on the RISE, don’t wait any longer!

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Entrepreneurship

Start Your Own Business ~ Mommy and Entrepreneur

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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!