Tag: Success

How to Make 2019 Your Best Year

How to Make 2019 Your Best Year

Are you ready to make 2019 your best year? Most people see the start of a new year a reason to make resolutions and it’s also a great time to reflect on the year before and redo your goals for the next 12 months. Where […]

The #1 Thing You’re Doing That’s Fatal to Your Success

The #1 Thing You’re Doing That’s Fatal to Your Success

I bet you’re reading this based on the title getting your attention.  But, really-do you know the #1 thing you’re doing that’s fatal to your success? Keep reading to find out…   I actually did a Live Facebook video on this very subject, because I do […]

10 Reasons Why You Should Consider a “Side Hustle”

10 Reasons Why You Should Consider a “Side Hustle”

Why you should consider a side hustle-unless you like living paycheck to paycheck!

Before I get started, let’s talk about what a side hustle is exactly.  Instead of getting a second job, a high number are starting their own businesses.  It is not necessarily a full blown, full time business. It can be, but more than that it is a secondary revenue stream to your day job. And I believe that it’s critical that everyone have one.

Regardless of how much money it makes, it will help reduce your stress, give you more freedom, and make you happier. Whatever you choose, anything can pretty much be a side hustle if you construct it correctly, but some ventures lend themselves to lower maintenance and faster revenue. And some even residual income.

Side hustles are becoming increasingly more common for the average American than ever before

The NY Post reported that Bankrate.com revealed over 44 million Americans are juggling side hustles. That means for every 10 working age adults, at least 1-2 of them are bringing in more than one income every month. Why is that important? Because if you are not one of those 44 million, then there are some big benefits they are enjoying that you are missing out on.
Here are some reasons why you should consider having a side hustle:

  1. Wages aren’t growing — and haven’t been for a long time.

Wages in the US, along other countries as well, have been stagnant for years. Wage growth has remained weak for many American workers in recent decades. After adjusting for inflation, U.S. wages were only 10 percent higher in 2017 than they were in 1973, with annual real wage growth just below 0.2 percent.


2. The cost of living keeps going up.

Not only are wages not growing, but the cost of living just keeps spiking. Prices are rising even faster especially for the middle class and across the board in key areas like education, healthcare, and housing. You’re paying more, but you’re not getting more. Some say, to live comfortably, the average person should earn twice as much as their yearly expenses.

Wages aren’t growing you need a Side hustle

3. Americans have fallen back in love with debt.
Let’s look at the total household debt—a category that includes mortgages, student loans, and car loans along with credit card and other debt. Overall, Americans’ debt hit a new high of $13 trillion last year, surpassing the previous record set in 2008 by $280 billion, according to the New York Fed.

4. Job security is LONG gone.
No employer can assure you lifetime employment anymore. No private company can. No public employer can. I think that we can all agree that gone are the days when you work for the same company for most of your working life, sometimes for 20-25 years. Workers now migrate from job to job over their career in search of greater fulfillment and compensation. Today, the average person changes jobs ten to fifteen times (with an average of 12 job changes) during his or her career.

5. Retirement savings…
Northwestern Mutual’s 2018 Planning & Progress Study, found that 78 percent of Americans say they’re ‘extremely’ or ‘somewhat’ concerned about not having enough money for retirement. And they should be. A shocking 21 percent of Americans have nothing at all saved for the future, and another 10 percent have less than $5,000 socked away for their golden years, the study found.

Those between the ages of 55 and 64 who have retirement savings only have a median of $120,000 socked away, Bankrate reports, citing data from the Federal Reserve. That’s only 12 percent of the $1 million many experts recommend, and it’s worth noting that even $1 million doesn’t stretch as far as it used to.

Live Your Dream Quote

6. It can be an outlet for your passions.
This isn’t mandatory when choosing your side hustle, but I do recommend you select something in a field that you’re passionate about. Why? Because you’ll work harder on something you love and it will give you an outlet to take part in your passions. Which will make it feel less like a job and make you look forward to working on it.  I find as though some are just caught up in the rat race of their job, so a change of pace is also nice.

7. It will give you freedom.
When I started my side hustle, I was already a traditional small business owner, and I had NO intentions of ever leaving my career and what I built, however things changed when I was no longer able to physically work like I was.  Not to mention the amount of hours I put in and stress I was constantly enduring.  My side gig eventually turned into a full time income, and I had options.  I chose to walk away and gain all of my time back.  I get to be where I want, when I want, and travel as much as I want!  I think everyone deserves that kind of freedom!!

Woman on a mountain

8. You’ll meet some of the most amazing people.
You will have the opportunity to be around some of the most inspiring and successful people.  What I have found, is that entreprenuers love to help other entrepreneurs.  I have gotten the best coaching, tools and advice from other successful individuals.  They have pushed me and believed in what I could accomplish, even when I didn’t have belief in myself. I have formed some of the most amazing friendships with people I would’ve never met.

9. Tax advantages.
In the book-Lower Your Taxes Big Time by Sandy Botkin CPA & former IRS Attorney, the first chapter is titled:Why You Would Be Braindead Not to Start a Home-Based Business (If you don’t already have one). In this chapter he explains why everyone who is employed should have some kind of a business.  If you don’t have one, you are losing thousands each year. Of course, you should always consult a tax professional, but point is, there are many tax deductions you may not be benefiting from as an employee.

10. You’ll be happier.
I know when you first started reading this post, it may have been a bit depressing.  Truth is, when you remove the stressors of money, and time, it’s amazing how you feel!  Even if you are making just $300 extra per month, it can make a huge difference-anything helps.  And TIME-This year, I have been speaking a lot about how valuable time is.  You can always get more money, but once time is gone, you can’t get it back.  Life is short, so spend your time, truly doing the things you want with the people you love.  Don’t wait, just do it NOW!!

Do you have a side hustle?  Are you looking for some ideas?  I may be able to help! SaveSave

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Reality Check-Who are You Really Paying for Your Makeup?

Reality Check-Who are You Really Paying for Your Makeup?

Who is REALLY profiting from your beauty care purchases?  I know that is an interesting question, but I guarantee if you read on, it will make sense in just a bit! If any of you know me, you know that I am on a mission […]

Are You Really Capitalizing on this BILLION DOLLAR Industry?

Are You Really Capitalizing on this BILLION DOLLAR Industry?

Cosmetics-Are you really capitalizing on this BILLION DOLLAR market? The United States Cosmetic Industry is the largest in the world, estimating a total revenue of $54.89 BILLION! This industry is projected to grow 3-4% each year over the next 5 years in the United States […]

Do You Have a Case of "Busy-itis"?

Do You Have a Case of "Busy-itis"?

Ok, I will admit, there was a time when I used BUSY as an excuse.  I didn’t even realize it,  I guess it was a habit or something. Maybe you can relate,  you forgot to do something, or maybe you don’t want to do something and you say “Sorry, but I’m busy!”, or “Sorry, but I’ve been BUSY!”

Let me ask you this: Are you busy?  I’m guessing that you most likely are busy, but isn’t everyone BUSY?  We all fill our days up with stuff.  For some it’s work and kids, others hobbies, or maybe you’re busy while watching TV, etc. I’m even BUSY writing this post. We really all are BUSY…So what I want you to do is before you have the urge to say “I’m busy”, stop and ask yourself if it is an excuse.  Yes you heard me…an excuse, and you may just have a case of Busy-itis.  Now don’t panic!!!  This condition is reversible.  But first, let me ask you if you are exactly where you want to be in your life?  Are you someone that wants more?

Think about this.  Everyone has 24 hours in there day, and we get to decide what we do

with it.  Each and everyone of us has the ability to choose what we do with our time.  Every single minute of our day actually.  And time is something that we can’t get more of, so doesn’t it make sense to use it wisely?
I am an entrepreneur and that I am constantly feeding my brain with information that will not only improve my business, but also my life.  I also mentor others to help coach them to do the same.  I have found that so many people have to build self confidence, knowledge in their industry, as well as self discipline.  Some of this is done through reading books and listening to audios.

After reading the book “No Excuses-The Power of Self-Discipline” by Brian Tracy.  I realized as many probably do, that I had even MORE excuses.  Not just that I was BUSY. I became aware of other excuses that I had, and I can say changed not only my business but my entire life.  Most people think that success comes from good luck or enormous talent, but many successful people achieve their accomplishments in a much more mundane way: through self-discipline.
 
No Excuses! Audiobook
Brian Tracy has dedicated his life to self-improvement and continuous learning in every way possible.  He had a realization one day and it occurred to him “This is my life, not a dress rehearsal.” Over time,he learned that fully 80% of the population never accepts complete responsibility for their lives. The consequences of this “Stinkin” thinking, however, can be disastrous. You can destroy all your hopes for success and happiness in your life. Imagine self-sabotaging your dreams and then turning around and blaming everything around you, but yourself. Now that’s foolish thinking. Yet this is how most people go through life. No wonder the world is messed up.

 
What about your family and friends? How do your constant excuses affect them? What are you teaching your children about life?
1. You accept the reality of this and vow to do something about it now.
OR
2. You continue on as you have, feeling sorry for yourself and acting the “poor me” victim. You don’t have to be a victim!
 
 
 
 
“No Excuses!” shows you how you can achieve success in all three major areas of your life:
1. Your Personal Goals
2. Your Business and Money Goals
3. Your Overall Happiness

There are 21 chapters in this easy read that include exercises to help you apply the “no excuses” approach to your own life.  With these guidelines, you can learn how to become more successful in everything that you do-instead of wistfully envying others who you think are just “luckier” than you.  A little self-discipline goes a long way, so ditch the excuses and make it happen!

LIVE Motives Cosmetics Webinar This Thursday!

LIVE Motives Cosmetics Webinar This Thursday!

  Do you have a LOVE for the cosmetics industry? Motives Cosmetics is looking for motivated trendsetters who love make up, fashion, and health to help with the expansion of the award winning line Nationwide and we are having a LIVE webinar Thursday August 31st […]

Why MLM Wasn’t For Me

Why MLM Wasn’t For Me

This May is a very special time for me because not only is it my anniversary for establishing my UnFranchise business, but this year Market America is celebrating their 25th year since they started the company.  I thought that this is a perfect time to […]