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Building Confidence: The Key to Unlocking Your Inner Entrepreneurial Superwoman

Starting a business can be a daunting task, especially for women. Studies have shown that women are less likely to start a business than men, due in part to a lack of confidence. But let’s be real, who doesn’t have moments of self-doubt? Even Superwoman probably had her fair share of “I can’t do this” thoughts. The good news is, confidence is a skill that can be developed and strengthened.

So, let’s talk about how to build that confidence and unleash your inner entrepreneurial Superwoman.

Confidence and competence are not the same thing.

It’s important to understand that confidence and competence are not the same thing. Just because you’re not 100% sure of yourself, doesn’t mean you’re not qualified or capable of starting a business. In fact, many successful entrepreneurs will tell you that they’ve had moments of self-doubt, but they’ve learned to push through it. So, don’t let a lack of confidence hold you back.

So how do you build your confidence??

  • Educate yourself: One way to build confidence is by educating yourself. Knowledge is power, and the more you know about the industry and the business world, the more confident you’ll feel. Take classes, read books, and seek out mentorship opportunities. The more you learn, the more confident you’ll become in your abilities.
  • Take small steps: Another way to build confidence is by taking small steps. Starting a business can feel overwhelming, but by breaking it down into small, manageable tasks, it becomes less daunting. Set small, achievable goals for yourself and work towards them. Each time you accomplish a goal, you’ll feel a sense of accomplishment, and that will boost your confidence.
  • Surround yourself with positive, supportive people: It’s also important to surround yourself with positive, supportive people. Surrounding yourself with people who believe in you and your abilities will help you to believe in yourself. Find a community of like-minded individuals who can offer support and encouragement. And remember, it’s okay to ask for help.
  • Practice self-care: Another way to build confidence is by practicing self-care. Taking care of yourself physically and mentally will help you to feel better and more capable. Make sure to exercise, eat well, and get enough sleep. And don’t be afraid to treat yourself every once in a while. You deserve it!
  • Keep in mind that failure is a part of the process: Finally, remember that failure is a part of the process. It’s okay to make mistakes, and it’s okay to fail. In fact, many successful entrepreneurs will tell you that their failures have taught them valuable lessons that have helped them to succeed. So, don’t be afraid to take risks and try new things.

Building confidence is key to unlocking your inner entrepreneurial Superwoman. Remember, confidence and competence are not the same thing, and it’s a skill that can be developed and strengthened. Educate yourself, take small steps, surround yourself with positive, supportive people, practice self-care, and remember that failure is a part of the process. And always remember, you got this!

May your business be as successful as a woman’s ability to be a Super Woman!

Baudina

The Dutch Motivator

Are you tired of feeling like a business amateur? Are you ready to stop winging it and start building a solid foundation for your small business? Look no further! Introducing the “Building a Successful Small Business” course.

Imagine having a business foundation that’s so solid, it could survive a Category 5 hurricane. Picture yourself with systems and processes in place that run like a well-oiled machine. Envision a cash flow that’s as steady as a metronome. And let’s not forget the customers! So many customers, you’ll have to start turning them away (just kidding, please don’t do that).

But seriously, this course is not just about numbers and paperwork, it’s also about mindset and self-care. Because let’s face it, starting a business can be overwhelming, and we don’t want you to burn out before you even get started. That’s why we’ll also be covering the importance of taking care of yourself, both physically and mentally.

So, what are you waiting for? Sign up now and let’s start building that foundation. And who knows, by the end of the course, your business might be so successful, you’ll be able to afford that giant chicken nugget you’ve always wanted.

We have a 14 week intense “Build your Foundation” program where you can learn in a small group, how to build or improve the foundation of your business. Because without a solid foundation, your business is at high risk of crumbling down sooner or later.

You can also go for a 52-weekly program at your own speed or to stay motivated, in a group.

Like to know more…Follow the link to receive a short video with all you will get when you become an member.

Up-sell-and-Cross-Sell

UpSell and CrossSell


Are you familiar with upselling and cross-selling?

When you go to MacDonald’s and the person behind the counter asks if you like your meal supersized, that is upselling.  When that same person than asks if you like an apple pie to go with your supersized meal, that is cross selling.

Upselling means offering a higher grade or quality or size of the item that the customer may be interested in, at the point when the customer is ready to buy.

Cross-selling means offering other products or services which complement the item the customer is interested in, at the point when the customer is ready to buy.

Now here is what most business owners don’t realize. 34% of prospects will buy additional products or services at the time of their original purchase… if they asked to do so!

Most businesses never ask them and they lose out on this lucrative opportunity to dramatically increase their revenue.

Let me show you a brilliant example of this…

A restaurant that was experiencing reduced revenue, analyzed their profit margins on every one of their offerings. They determined their highest profit margins offers were wine, appetizers, and desserts. They then literally doubled their sales on all 3 of these by training the staff to offer them to every one of their patrons.

For example, they instructed their staff to bring in appetizer and one cart for each table, before the patrons ordered, and offered free individual samples. Then the staff repeated the same process at the end of each patron’s meal by bringing in the dessert card around.

By giving a free example of each dessert to everyone at the table, is a way to entice patrons to order one of them.

The taste and reciprocity instantly doubled their appetizer, wine and dessert sale.

But they didn’t stop there. The restaurant dramatically increased its total order revenue by implementing an initial Order Upsell Strategy with the wait-staff.

They trained the staff to describe the more expensive entrees on the menu and give the patron’s their personal recommendation. Most patrons have a tendency to go with the staff’s recommendations.

This has easily increase their total entree revenue by 15%.  Good upselling and cross-selling works like that. It makes sense. It’s natural. And everyone walks away a winner.

A lesson that this example teaches us, is that you have to take the steps and make the offer.

The philosophy behind upselling and cross-selling is simple. Your present customers trust you enough to enter into a buying relationship with you. You already gained their trust and now you have the opportunity to present them another level of products or services that you create, to offer to them and that they can take advantage of.

There are 3 questions you need to ask to make this work:

  1. What else do my clients want, if they accept my initial offer?
  2. What can I offer them right now?
  3. What can I find to offer them that my business doesn’t have, but could find from another business?

Remember that 34% of prospects will take advantage of your offer if they are asked to do so.

But since we want to be extremely careful in our estimates, lets be ultra conservative and lets say you just get 5% increase of your revenues. 5% is believable and it is certainly achievable.

upsell-and-crosssell-example

In this example we have a company with a million dollars Annual Revenue, a 20% Net Profit Margin and a 50% Gross Profit Margin.

If you make an additional sale, you already have covered the rent, utilities, salaries, insurance etc. Therefor you can measure the increased sales by Gross Profit Margins. You may have to pay commissions and hard costs, but you are left with a higher percentage.

So, if you implement your upsell and cross sell as a strategy and bring in a additional 5%, you will increase your revenue by $50.000. And since your Gross Profit Margins is 50%, you put $25000 in your pocket.

As you can see from our restaurant example there is typically no cost involved when implementing an upsell or cross-sell strategy. This is an excellent way for any business to immediately increase both the revenue and the profits.

May your business be as successful as a woman’s ability to be a Super Woman!

Baudina

The Dutch Motivator

Are you tired of feeling like a business amateur? Are you ready to stop winging it and start building a solid foundation for your small business? Look no further! Introducing the “Building a Successful Small Business” course.

Imagine having a business foundation that’s so solid, it could survive a Category 5 hurricane. Picture yourself with systems and processes in place that run like a well-oiled machine. Envision a cash flow that’s as steady as a metronome. And let’s not forget the customers! So many customers, you’ll have to start turning them away (just kidding, please don’t do that).

But seriously, this course is not just about numbers and paperwork, it’s also about mindset and self-care. Because let’s face it, starting a business can be overwhelming, and we don’t want you to burn out before you even get started. That’s why we’ll also be covering the importance of taking care of yourself, both physically and mentally.

So, what are you waiting for? Sign up now and let’s start building that foundation. And who knows, by the end of the course, your business might be so successful, you’ll be able to afford that giant chicken nugget you’ve always wanted.

We have a 14 week intense “Build your Foundation” program where you can learn in a small group, how to build or improve the foundation of your business. Because without a solid foundation, your business is at high risk of crumbling down sooner or later.

You can also go for a 52-weekly program at your own speed or to stay motivated, in a group.

Like to know more…Follow the link to receive a short video with all you will get when you become an member.

And….

If you have any questions, you can message me personally at Baudina@SuccessWithoutBS.com

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