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Valerie and Pat Beith from |
In the last issue of the
Changing Course Newsletter, I introduced you to my friend, Coach Pat Beith, and the informative videos he’s created on how to make money running sports …
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Valerie and Pat Beith from |
In the last issue of the
Changing Course Newsletter, I introduced you to my friend, Coach Pat Beith, and the informative videos he’s created on how to make money running sports …
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By Valerie Young
This article originally appeared in Issue 201 of the Changing Course Newsletter.
When you are so busy just trying to do whatever job you trained for or fell into, …
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By Valerie Young
This article originally appeared in Issue 199 of the Changing Course Newsletter.
That was the question someone asked in a recent survey of Changing Course readers. It was the …
Naturally, I’m also getting loads of questions from those who took the online survey as well as in response to the email that went out this week.
I started to reply to everyone personally. But then it just got out of control. So I decided the smarter thing would be to use a FAQ (frequently asked questions) format and post them here at the blog. That way, you can post additional questions or comments. I’ll do my best to respond within 24 hours.
I highly recommend you read through the FAQs before purchasing the Self-Study Training later this week. You’ll have a lot of the information you need to make an informed decision whether this program is right for you.
I’ll warn you in advance – some of my answers to your most Burning Questions are on a little long. But I’d rather err on the side of giving you more information than less.
To your dreams,
Valerie Young
Dreamer in Residence
www.ChangingCourse.com
I know the economy is an issue, so I’m working on some kind of discounted pricing now. At the same time, you need to understand that this course represents over a decade of intellectual property so I can only discount things so much.
For the amount of information I’m providing – hundreds of pages of step-by-step materials, over 13 hours of actual client sessions personally conducted by me – all of which are designed to rapidly accelerate your learning curve, AND given that we’re talking about you being able to launch an entire new profit center, pricing experts tell me I should be charging three times what I have been.
I’m going to create two options. The first will be for people who already have a coaching practice or perhaps work for some kind of career center or recruiting company and really just want the parts that have to do the Changing Course Formula and the consulting process itself. Since they don’t need help with marketing, there’s no reason they should have to pay for it. So that “standard” kit will be less.
For the people who do want and need a marketing boost, there will be additional resources, obviously at a higher price point. Having this information is going to save considerable time and energy and will help you sure that once you get the consulting parts down that you can start attracting clients faster.
I will definitely offer a payment plan. I’m known for going out of my way to break things down in a way that let’s more people than who could otherwise not afford it able to get the system. Having said that…
I DO NOT WANT ANYONE GOING INTO DEBT TO PURCHASE THIS PROGRAM.
If, God-forbid, you have lost your job or your home or your spouse/partner is going in for major surgery or you are the sole breadwinner in your family or are otherwise in dire financial straights and you need enough income from a new business to pay the bills in the short term, do not purchase this program.
Even if you have a job and have realistic expectations about what it takes to start and grow a consulting practice, honestly, if you can only afford a few hundreds dollars, regrettably this is not a good fit for you. You might want to check out Fab Job where for something like $29 you can at least get the basics of starting a wide variety of other kinds of small businesses. I know it’s not the same, but I’m trying to be honest here and at least it’s a start.
Information-wise, the answer is YES! Obviously at nearly $10,000 the people in the live 5-day training program got the highest possible level of support.
But as far as the actual training content – a step-by-step break down of the Changing Course Formula and then knowing what to do before, during, and after a consulting session – the self-study version contains the same essential information you need to be able to work effectively with clients.
You do not need an academic degree to be an Outside the Job Box Career Expert and Business Ideas Consultant. You don’t need to be a coach of any kind.
When you get outside of the box, you realize that there are many paths to expertise. Here’s a story I tell my clients – and you can use with your client’s too…
Imagine you’re out shopping when you spy a fabulous piece of art that would look perfect in your living room. You start to head over for a closer look when it suddenly hits you. “What if the artist doesn’t have an MFA?” As ridiculous as that sounds I’ve seen far too many people hold themselves back for fear of not being “qualified” enough. Naturally there are some professions where credentials are mandatory. But not all career paths require fancy degrees or formal training of any kind in order to achieve expertise.
Consider too, the unlikely case of self-taught weapon system expert Jeff Baxter. Despite no formal education on weapons systems, Baxter chaired the Congressional Advisory Board on Missile Defense and is a highly paid consultant to military contractors like General Atomics and Northup Grumman. His prior experience? “Skunk” Baxter, as he used to be known, was a guitarist with rock bands Steeley Dan and the Doobie Brothers. If someone can become a self-taught weapon systems expert, you can become a self-made expert on just about anything.
Then there’s Jean Nidetch. In the early 60’s, the homemaker from Queens started inviting friends to her home to support each other’s ongoing battle to lose weight. Her approach of mutual support coupled with sensible eating worked. So well in fact that Nidetch went on to found a little multi-billion dollar international empire called Weight Watchers. Notice, she did not have a degree in nutrition, or exercise physiology, or degree of any kind.
One of the topics covered in the training program – and one of the things that as an Outside the Job Box Career Expert and Business Ideas Consultant you will help your own clients to see – is that there are many paths to expertise.
I’ll answer this along with another question which was, “What happens if I'm in a "dry spell" with my ideas?” There very much is a system. It includes everything from what to say when a client calls to inquire about your services to a “script” to help you kick off and close every session and how and when to process the client’s credit card.
As for running out of ideas, the fact that you are interested in this program tells me that you are a creative thinker (and if you are not, you should not go into this line of work). It’s a combination of using your naturally curious mind and then having a system that includes enough tools to make sure that you never run out of ideas – and if you do, you know exactly where to go to find more!
Keep in mind, too, that what you are promising your clients is that they will walk away with at least one good idea for how they can turn their interests into income. Because each client has different interests, each one will be different. With the right process and tools, coming up with interesting ways to turn passions into profits will not be an issue!
As for everyone having to follow certain “guidelines”… I address this at length in the program description so suffice it to say that if you use my concepts you need to credit these back to me just as you would if you were talking about say Barbara Sher’s concept of “Scanners vs. Divers.”
Also this is not a franchise and therefore, nobody has to do things “my way or no way.” There plenty of structure for those who want guidelines and plenty of flexibility for people who want to create their own thing.
There were a few comments and questions some people raised in the survey that I consider “red flags.” Before you even think about doing this kind of work I want to make sure you a) have the right “mindset” for this work and b) understand what it is you are training to do…
Red Flag Comment 1: “What is a creative career consultant's average success rate – how many people get 'placed' as it were, in a career that they like?”
Red Flag Comment 2: "What is the success rate of clients? How many find outside the box work they love as a result of the counseling?"
ANSWER: Maybe I am being overly sensitive to words here, but I don’t want to take any chance. Words like “placed” even if they are in quotes and “find” work are both job-related. Being self-employed is about creating your own job basically.
Your clients are not ge
tting “placed” anywhere and none of them will “find work” as a result of a consultation with you. Instead you are helping people to see ways they can turn their interests into income so they can then CREATE income streams and get customers or clients to pay them for what they have to offer. There is a huge difference.
I think the real question people are trying to get at is, "How successful
are consultants at helping people discover interesting business ideas based on
their passions and interests?" Well all you have to do is read these evaluations
to know the answer to that. These are just a small sample of the 100+
evaluations previously trained consultants have received from the practice
clients that Changing Course provided to help jumpstart their new practice:
“Arthurine -- you are a truly gifted and amazing Outside the Job Box career consultant! I deeply appreciate my consultation, and I am looking forward to moving forward to some of the ideas you gave me. Thanks a million!!”
“I believe Craig really will be good at being a full time consultant, and recommend him to others for a great job. I enjoyed working with him, and look forward to emailing him with my future career expansions!”
“Michelle is great! She has a lot of enthusiasm and that gave me energy. She is very easy to talk with. She also offered some good ideas, and seems to really care about what she is doing.”
“Gail was great. The session was exactly what I’ve been looking for a long time. I’ve met with several career coaches, but this is the first time I felt I got worthwhile feedback. It was a great experience… the process doesn’t consider what you’re good at, but rather what you love. And what could be better than doing what you love and getting paid for it. Gail, I think you’ll be enormously successful in this field.”
Red Flag Comment 3: “How do you overcome the terror of failing?”
Actually I was going to talk about this in the next newsletter but since this is such a big issue, I’m going to give you a sneak preview.
No one likes to fail. But terror? There are things worth being terrified about like global warming or war or bombings. But giving something your best shot and finding out it’s not for you? I call that life.
At one point I decided to produce a line of humorous greeting cards. I spent months drawing them and a couple of thousand of dollars on printing. They sold pretty well in four major cities but soon into it, I realized that the business was more about selling than anything and I hate selling (marketing I like, selling I hate). So did I waste $2000? No. I gave it my best shot, learned a lot and moved on.
If you’re going to be an entrepreneur, then you need to readjust your emotional response to failure and mistake making. You need to understand some fundamental truths about failure that have guided successful people since the first spear missed the first brontosaurus.
Here are five more must-have rules for entrepreneurs about failure:
Rule 1: No one bats 1000. The fact that you identify with the Impostor Syndrome tells me that emotionally you still expect yourself to always bat 1000. To put that into perspective, consider that in baseball a .333 batting average is considered outstanding. If you’re not a baseball fan, what this means is that for every 10 pitches, the batter only has to hit the ball three times to be considered exceptional. Even the legendary Babe Ruth “only” batted .342. The point is, you can be at the top of your game and still strike out more often than not.
From time to time everybody makes bad decisions. Everybody gets egg on their face. Everybody fails. Failures, flops, and fumbles are such a part of life that Harry Truman once remarked, “Whenever I make a bum decision, I just go out and make another.” Okay, it’s hard to imagine a female president getting away with the same remark without some questioning her fitness. But you can’t control what other people think. You can only control your own response which begins with giving yourself permission to fall as flat on your face as the next person.
Rule 2: Failures offer valuable lessons – and opportunities. Believe it or not there is lots of good news about failure. Henry Ford understood that, “Failure is only the opportunity to begin again more intelligently.” In engineering, the process of “failure analysis” is based on the recognition that you can learn just as much from studying what went wrong as you can from what went right. It is this understanding that led Thomas Edison to famously remark, “I have not failed. I have successfully discovered 1,200 ideas that don’t work.”
Instead of seeing your flops as evidence of your incompetence, think of them as information you can use to do better next time. Do you need to develop or hone a certain skill? Do you need more practice or a different approach? Do you need to delegate the things you’re not gifted at? What will you do differently next time? What lessons can you glean? For example, have you ever walked away from a conversation and thought, “I sounded like such an idiot”? Everyone has. Next time, skip the self scolding. Instead use that time to replay the conversation the way you wish you’d handled it.
Now I don’t want you to mistake this for the usual negative self-talk about what you “should” have said or done. Rather what you’re doing is consciously laying down a positive new pathway in your brain, one that will make you better prepared to respond in a similar situation in the future. The sooner you glean the learning value following what feels like a set back, the better. The key is to fail forward.
Rule 3: Failure is just a curve in the road. I know how easy it is to be so discouraged by setbacks that you just give up. But it’s time you start seeing failure for what it is, a curve in the road and not the end of the road. Did you know that Walt Disney was fired from a newspaper job for “lacking ideas”? Or that H. Macy’s store failed seven times before it caught on? Or that Michael Jordan was cut from his junior varsity basketball team? Did they give up? No.
If Abraham Lincoln had taken failure as cause to quit it would have changed the course of history. In fact he suffered repeated failures on the road to success. After failing as a storekeeper and a farmer Lincoln decided to run for political office. He failed. Once he finally did get elected to the legislature, when he sought the office of speaker and failed. He failed in his first bid for Congress. He failed when he sought the appointment to the United States Land Office. And he failed when he ran for the United States Senate. Despite repeated public failures, Lincoln never saw failure as a reason to give up.
Rule 4: Not taking risks may be the riskiest move of all. Whenever you try anything there will always the risk of failure. At the same time, not taking risks is often the riskiest move of all. The reason Michael Jordon says he made so many baskets is because he was willing to take so many shots, explaining, “I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.” Stepping up to take your shot is especially important because Impostors think that by avoiding risk they can dodge detection. After all, if you don’t take chances or never put yourself or your work out there, you significantly lower the chances of failures.
Here again it comes down to shifting your thinking. People often comment on what a big risk I took when I left my safe corporate job to go out on my own. But to me, the far greater risk was to look back at my life with regret and say, “I was miserable, but at least I had a good dental plan.” As the great Opera diva Beverly Sills once said, “You may be disappointed if you fail, but you are doomed if you don’t try.”
Rule 5: It’s not your failures that count but how you handle them. Imagine making a major mistake with 1 billion people watching. That’s what Miss USA Crystle Stewart did when she fell during the 2008 Miss Universe pageant. She handled the fiasco by putting on a radiant smile, picking herself up and clapping her hands over her head as if to say, “Let’s have a round of applause.” This was not the first time Stewart had to pick herself up after a failure. It had taken her five tries before being crowned Miss Texas. To feel as bright and capable as you really are, remind yourself that it’s not your failures that count, but how you handle them.
Not only do you have a choice about how you handle failure, you also have a huge say in what kind of failures to have. You can have the mundane ones like getting a D in physics or not getting an interview or you can take the advice that Garrison Keillor offered to students in his commencement address at Macalister College. Keillor encouraged the audience to “have interesting failures.” Let those words sink in for a moment. Have interesting failures.
Whether you like or not from time to time you’re going to miss the mark. So why just be a failure at parallel parking or balancing your checkbook when you can come in third at the National Jigsaw Puzzle Championships, only write one children’s book, or make it only half way up Mount Everest? The fact that you never fail indicates that you consistently chose settling over reaching, inaction over action. As Billie Jean King once said, “Be bold. If you’re going to make an error, make a doozey, and don’t be afraid to hit the ball.”
I am confident that a lot -- if not all -- of your questions will be answered when you see the full course description. But if you have a burning question that can’t wait, jot it down here and I will do my best to get back to you ASAP!
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By Valerie Young
This article originally appeared in Issue 198 of the Changing Course Newsletter.
The thing that keeps me up at night is not the economy. Don’t get me wrong. My …
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By Valerie Young
This article originally appeared in Issue 197 of the Changing Course Newsletter.
This week most Americans will be celebrating Thanksgiving. Our Canadian friends celebrated their Thanksgiving in October. Other …
I'm not one to throw around big promises like "Turn your annual income into your monthly income." But I met a guy who, through much trial and error and hard work, has successful managed to do just that... and quite …
Joey is an old family friend with a great mind for inventions and such. He left his corporate IT job about five years ago to sell a specialty clothing item he created for skiers and other outdoor types. It’s a really good product and there is nothing else like it on the market. He even got a patent.
Joey’s first product brochure was really bad. No, make that horrible.
In my old corporate marketing job, I worked on product brochures all the time. So I tried to offer Joey some friendly pointers. When I did, he literally put his hands over his ears and said, “No, no, no.” I am not making this up.
Since then, he’s had some success traveling around the country selling his clothing at ski shows. But, when you calculate in the time and the cost of driving half way across the country and sitting at a booth for three days, it’s easy to see why Joey’s business barely breaks even.
Bad marketing aside, Joey consistently chooses the least customer friendly ways to do business. For example, he doesn’t take checks from his customers because one might bounce. He won’t accept American Express credit cards either because the fees are too high.
I’ve tried to tell him that out of many hundreds of customer orders I’ve received by check, in all that time maybe one was bad. And even if two out of 100 did bounce, he’d still come out ahead because he’d be making sales he wouldn’t have otherwise.
Like credit card fees, the occasional bounced check is just the price of doing business. Like any business expense they just come off your taxes. Joey won’t listen.
Over the years, I’ve tried to tell him that that he should be marketing his product on the internet. Joey resisted for a long time before finally throwing up do-it-yourself site. It’s ugly and not at all user friendly. Not surprisingly, he only gets a couple of orders a month at most.
Not one to give up easily, I’ve tried to talk to him about ways to drive traffic to his site, about building a list so he can keep in touch with his prospects and clients, about partnering with other companies to jointly sell his products – but Joey always comes back with some reason why “it will never work.”
Over the years, I’ve recommended different workshops or Web designers. But Joey doesn’t want to spend the money. Besides, one of them might rip off his ideas.
At one point, a major ski manufacturer was interested in licensing his product. As he prepared to talk numbers, I told him to focus on sales volume and not a per unit profit. After all it’s better make $2 on a million sales than to make $20 on 1000 sales. But Joey decided it was better to play hard ball on price instead. The deal never happened.
Why am I bothering to take time out of my weekend to tell you about a small business failure?
It’s simple. I know you want nothing more than to fire your boss and do your own thing. And, unlike Joey, I actually want you to make enough money so you can support yourself, take some nice vacations, and enjoy a good retirement.
But it’s never going to happen unless you bring the right mindset to your goal of changing course.
Case in point, compare Joey to a guy named Ted that I met last weekend at a seminar in Salt Lake City. Ted flew all the way from Florida, took three days out of his life, and spent several thousand dollars to learn a new way to drive more traffic to his Web site from an expert.
Ted is an airline pilot who was looking to start a side business in his spare time. He took a seminar on starting an online business, found a product he wanted to sell (a medical device), contracted with manufacturers and distributors, used everything he learned and made it happen. That was three years ago.
Now compare where Ted’s business is compared to Joey’s.
Ted works on his business part-time. Joey works on his full-time.
Despite spending more time on his business, Joey has made relatively little money, has a garage full of inventory, and has an increasingly impatient wife who just wants him to get a “real job.”
Ted’s business started out slowly, but today he is seeing monthly sales of about $50,000 and next year projects sales to top a million. Corporate headquarters is a spare bedroom in his condo.
There is one reason, and one reason only, why Joey’s business is not making it. He won’t listen to anyone.
Joey thinks he knows it all and sees no value in working with other business owners.
Ted on the other hand goes out of his way to find people who are more knowledgeable than he is and to learn from them. He also partnered with a parent’s organization devoted to helping young people impacted by the condition Ted’s product helps.
Joey doesn’t want to spend a dime on his business that he doesn’t have to, preferring instead to do everything himself. He thinks everyone is out to rip him off – the customer, marketing consultants, internet marketers, workshop leaders.
But like me, Ted invests heavily in his education. That’s because Ted knows for every $1 he puts in he will get $10 or $20 back in increased sales.
My changing course mantra has always been “information will set you free.” Ted gets this. Joey doesn’t.
Last week I shared some information with you about two very smart and very successful people whom I consider to be mentors of sorts – Yanik Silver and Jeff Walker.
Since purchasing their products and then getting a chance to meet and spend time continuing to learn from them, my own business has succeeded beyond my dreams. (One of the best things about making more money is it’s allowed me to give more money to my favorite international cause, www.TrickleUp.org and my favorite local cause, The Women’s Fund of Western Massachusetts.)
Both Yanik and Jeff are experts at helping people like Joey (if he’d listen), or Ted, or me, or you to start with literally nothing more than a glimmer of an idea, to turn that idea into a viable product or service, and then to sit at home reaching out to people who would benefit from our idea by marketing it via the World Wide Web.
Neither of these guys is afraid that people are going to rip them off. Quite the opposite. In fact, right now Yanik and Jeff are both giving away a TON of information that is free for the taking.
For example, Yanik is giving away almost $300 worth of products to any current or aspiring entrepreneur who wants to learn from a true master. All just to get you to give a subscription to his new Maverick Insiders newsletter a fair try.
These are not digital products he’s giving away. This is a big box of stuff that Yanik is going to mail to your home for just the cost of postage and handling. Now compare that to Joey who is too afraid that a customer will rip him off that he won’t even take a check!
Then there’s Jeff Walker. Jeff’s whole philosophy is built on being generous with his knowledge. So, for the last week or so, he’s been letting people listen in to a series of training videos that others have paid thousands to see.
Is Jeff just being a “nice guy”? Yes and no. Jeff truly is one of the nicest, most down-to-earth guys you’ll ever meet. I’ve been at conferences with him where some “little guy” who used Jeff’s program will come up tell him that they went from making a few hundred of dollars a month to making anywhere from $5,000 to (and I am not exaggerating here) $100,000 in a week.
Jeff knows what it’s like to barely have enough money to keep his own kids in diapers. So when people come up to thank him like this, you would think he hit the lottery! I’m guessing no one has thanked Joey.
But Jeff is also savvy enough to know that being successful in business means establishing relationships. Relationships are all about trust and credibility. You gain trust by putting your customer’s needs above profits. Like me, I know for a fact that Jeff has walked away from sales or potential business partners if it didn’t feel right.
Jeff also knows that the best way to establish credibility with prospective customers is not to guard the palace, like Joey does but rather to “move the free line” as Eben Pagan says, and give away as much free information as possible.
What can you learn from how Jeff or Yanik do business? Are there ways you can be more generous in your own business? Or offer people what Yanik calls an “ethical bribe” to try your product or service?
Technically Joey and Ted are both small business owners. But they could not be more different. If you’re dreading going to work tomorrow, then you need to ask yourself some important questions:
If the answer is yes, go to the next question…
My plan is to continue to invest a minimum of $10,000 a year in my own education (something that would have been unthinkable to my working class brain just a few years ago).
And I plan to continue to learn from people like Yanik and Jeff. Last week I shared some specifics about both of their programs. So I’m not going to get into all that again. Besides they both do a far better job explaining what they have to offer than I do so, if you’re interested, I invite you to go see what they have to say.
But, if you have been thinking about starting a business that you can operate online from anywhere, then what you DO need to know now is that there is a clock on all this generosity and that clock is tick, tick, ticking…
I honestly don’t know when Yanik plans to end the $298 in free products offer. All I know is a) it’s not going to be around forever, and b) he wrote to say he plans to kick in what he says is a “killer last minute bonus.” So, if you want to meet Yanik, to see photos with him and his pal Sir Richard Branson (talk about networking!) and how Yanik teamed up with Branson to raise money for some very good causes, and to learn more about grabbing your free products, go to:
http://ChangingCourse.com/recommends/yanik
So many people grabbed Jeff’s program that he stopped taking orders on Friday. But he’s re-opening the doors one last time on Monday, November 17th at noon Eastern Time. But just for a few hours or until he sells out.
To watch Jeff’s newest free informational video or just to get in line for this last chance to grab his program go to:
ChangingCourse.com/recommends/productlaunch
So much of being a successful entrepreneur has to do with your mindset. Do you want to be like Joey or do you want to be like Ted? Maybe you aren’t out to make millions. But imagine how nice it would be to make a good living on your own terms and not have to worry about money. Better yet, imagine being able to make enough to help other people too.
Sir Francis Bacon once said, “A wise man will make more opportunities than he finds.” A wise woman will too. Change your thinking and it is amazing what opportunities you will invite into your life.
If you really are serious about wanting to look in the mirror and see the boss, then there’s someone I really want you to meet…
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Valerie with |
One of the very best ways to be an entrepreneur yourself …
The fastest way to become a successful entrepreneur yourself is to learn from other successful entrepreneurs. I want to introduce you to two enormously successful (we’re talking millionaires here) who have had a tremendous impact on my success.
I am …
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By Valerie Young
This article originally appeared in Issue 195 of the Changing Course Newsletter.
While traveling in northern California a few years ago, I happened to tune into a local newscast. …
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By Valerie Young
This article originally appeared in Issue 194 of the Changing Course Newsletter.
It’s been over thirty years since Pulitzer Prize-winning author Studs Terkel traveled the country conducting interviews for …
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By Valerie Young
This article originally appeared in Issue 192 of the Changing Course Newsletter.
We all know the story of Dorothy in the Wizard of Oz. Swept away to the enchanting …
Do you dismiss your accomplishments as a “fluke” or “no big deal”? Are you crushed by even constructive criticism? Do you feel like you’ve “fooled” others into thinking that you’re more intelligent than you “know yourself to be.” If so, join the club!
I’ve been posing a series of questions that in some way relate to my new book on the Impostor Syndrome. Thanks to everyone who took the time to respond.
I’d like to continue the conversation. But instead of another question here, I’ve put up a special Impostor Syndrome blog at http://ImpostorSyndrome.com/blog. In this blog, I’ll be sharing information and articulating themes related to my book in progress on how to feel as bright and capable as everyone seems to think you are.
It’s my first main-stream book and will be published by Crown Publishing, a division of Random House hopefully in 2010.
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By Valerie Young
This article originally appeared in Issue 190 of the Changing Course Newsletter.
Now and then I meet someone (usually a young person) who tells me they really like helping with people, so they’re thinking about going into Human Resources or HR as it’s commonly referred to. They imagine themselves sitting in their large private office eagerly awaiting a long line of interesting employees with interesting problems in need of interesting solutions.
Ask most people who are already in HR though and they’re likely to paint a very different picture. Instead of spending time helping people, most people in HR spend the better part of their jobs days dealing with the "administrivia" of the business
world – hiring, terminations, benefits, pensions, payroll, and all too often, petty grievances.
A lot of jobs seem different from the outside. Think about your current career or job. Now that you’re there, is it what you thought it was going to be? Probably not.
Entrepreneurs are not immune to this "leap before you look" syndrome. Take the classic bed and breakfast fantasy. Clients often tell me they love the idea of selecting the colors and the furnishings, picking fresh flowers from the garden for the breakfast table, greeting the guests, and generally making everyone feel at home. Once the guests check out, they picture themselves settling into a big comfy chair with a good book or perhaps puttering in a Zen-like perennial garden. Utter bliss.
Once the real estate is purchased, most people don’t have the capital to hire others to do the cooking, cleaning, and bookkeeping. As a consequence, once the decorating is done and the garden is planted, they realize they’ve become a combination short order cook/chamber maid/bookkeeper!
Every business has its more mundane parts – especially in the beginning when you’re bootstrapping your business or are a "solo-preneur." But still, the goal is to love more of the work than not. So, before you leap, you need to check out just how wide the expanse is between fantasy and reality.
How do you test out a business idea? Well, if you truly do want to run a bed and breakfast (and for people who are natural hosts, there are lots of wonderful aspects of running a B & B) the best way to get your feet wet without taking a financial soaking is to become a B & B sitter. Just like it sounds, sitters take over the day-to-day operations of established inns so the owners can go on vacation or otherwise get away. Companies like Deserve a Break actually match B & B owners in Australia and New Zealand with experienced relief workers. Similarly, in the UK, farmers can turn to a decades old company called Loring, King and Loring for relief and contract milking and agricultural staff.
Another option is to go to "school." Sticking with our B & B example, you don’t need to earn a four year degree in hotel and restaurant management to learn how to run an inn. Many B & B’s offer weekend workshops for aspiring inn-keepers and some owners do individual consulting. If there are no classes in your area, contact a local B & B and ask if they’d let you intern with them in exchange for some free staffing time once you’re trained.
Even large, well established companies look before they leap. Hotel giant Hyatt ran an ad in the New York Times Magazine for its new Life Care community in Briarcliff Manor, New York. What caught my eye was not the fact that a hotel chain is branching out into senior housing, but rather the clever way Hyatt went about testing the waters before making a significant financial investment. Here is the fine print:
Through this marketing material, Classic Residence by Hyatt is exploring the market demand for a Life Care community in Briarcliff Manor. By joining the Priority Reservation Program, you are expressing your interest in future residency at Classic Residence by Hyatt at Briarcliff Manor. A Priority Reservation agreement is not a Continuing Care Residency Agreement. All deposits will be held in escrow at Bank of New York. You may obtain a full refund of the reservation system deposit, with interest earned at the prevailing rates at any time for any reason. If a refund is requested, however, you forfeit your priority number and benefits. Your status in the program is subject to the terms of the Priority Reservation Program, which are explained in the Priority Reservation Agreement. Classic Residence by Hyatt is currently under development, with a proposed opening date of 2009. Hyatt is a registered trademark of Hyatt Corporation.
How smart is that? In this case, it paid off. Hyatt withdrew plans to open the community due to escalating construction costs.
Think you’d like to borrow from the Hyatt model to explore market demand for your own high priced product or service? Before you start cashing any checks, keep in mind that the people sending you money are not investors. And as such you can’t use prospective customer’s money until you actually decide to move forward with your enterprise and your customers have signed a clearly spelled out agreement on the front end. This is definitely one place where you’ll want to employ the services of an attorney. But still, if your business idea lends itself to a similar approach, it’s a fascinating example of testing the waters by getting prospective customers to put their money where their intentions are.
There are lots of ways you can look before you leap into a new business. For example, you can:
Talk to people who are doing the kind of work you think you’d enjoy. Find out what they love – and don’t love – about their work, what a typical day is like, and what they would have done differently if they had to do it all over again.
Read "how to" books. It may not give you the total picture, but at least you’ll know more than you did.
Search for "how to" Web sites. As with reading books, it is not the same as test driving a business idea, more like sticking a toe into the information pool.
Work for someone else in a similar business. Depending on the business, you may be asked to sign a non-compete clause. Then again, if your goal is to start a specialized summer camp, the smartest way to see if you’d like running a camp is to first work at one.
Take classes. Check with your local adult education program, do a search for schools specializing in your area of interest, or seek out online courses. You never know what’s out there until you look. For example, The Institute of Culinary Education in New York City offers courses in how to write a proposal for a cookbook, breaking into food writing, and how to be a food stylist/ photographer (ICECulinary.com).
Join an industry association. In addition to getting their publications, most associations offer conferences, seminars, and other opportunities to learn from and connect with people in your prospective line of work.
Hang out with people who are already doing what you think you’d like to do. If you’ve got an inventive mind but have never acted on it join a group like the Inventors Network in Minneapolis (InventorsNetwork.org), Washington, DC (DCInventors.org), or Springfield, MA (IRNetwork.org). You’ll find a list of networks by state at InventNet.com.
Find a mentor. Some people will mentor you for free. However, depending on how much time and training you need, you should expect to pay your mentor. If that person is successful in the business you’re considering, it will be well worth the investment.
Volunteer, intern or apprentice. I had the opportunity to chat with Steve Curwood, host of Living on Earth, an engaging environmental news and information program heard on over 300 National Public Radio stations. Naturally the first thing I did was pump him for information on how someone would go about getting their own program on public radio. Before trying to pitch an idea, Steve urged anyone interested in being on the air to first volunteer at their local station so they can learn first-hand how public radio works.
Take on a few clients or assignments for free. In addition to gaining experience, building confidence, and developing a portfolio or track record it’s a great way to see how you like the work before making a larger investment of time and money.
Start small. Everyone wants to go from nothing to having their own full blown business in a day. Not only is it not possible but you’d miss invaluable lessons. But perhaps most importantly, starting small once again allows you an opportunity to dabble in a new enterprise before deciding if it’s right for you. Small steps add up. Changing Course began when I sent away for a cassette tape on how to break into the newsletter business. That was over 10 years ago. Today I have over 22,000 subscribers. The key is to just begin.
Do you have a great idea for a business? There are lots of ways to test the waters before you dive in head first. Ralph Waldo Emerson once said, "Don’t be too timid and squeamish about your actions. All life is an experiment. The more experiments you make the better."
Are you (or is someone you know) a personal trainer, fitness instructor, conditioning coach, or other independent fitness professional… or want to be? Are you passionate about being healthy and fit and helping other people do the same? Do you want to stop working twelve hour days and still grow your business by an extra $4000-$5000 a month?
Then I encourage you to seriously consider grabbing a seat at fitness entrepreneur Ryan Lee’s third Personal Trainer Business Success Bootcamp happening this September in Connecticut (Fair warning: his first two Bootcamps sold out fast). The theme of this year’s mega-event is Work Less Make More.
It would be impossible to share all the rave reviews from past attendees but here are a few standouts to give you a feel for what it’s all about…
“[The workshop was] awesome, fantastic, fabulous, fun, informative, high energy, non-stop excitement. I will be back. Thanks Ryan, I am amazed and awed.”
~ Susan Ripley, Fit for Teens
“I can surely double or triple my income in the next year. I can’t wait to get back to London and start kicking a_ _!” ~ Gavin Walsh
“As a newcomer to this industry, I learned more valuable and immediately useful information in 3 days than I learned in 12 years of attending events in my previous industry!” ~ Lindee Goodall
“Ryan Lee’s Bootcamp is the single best fitness event of the year. The quality of successful independent fitness professionals is on post above all the best. If you have any aspirations of running your own successful business in fitness, you must attend this event.” ~ Jason White, Strength Radio
Ryan is bringing together a world-class group of speakers on a wide range of income-generating and time-saving topics including…
How to earn an extra $100.00 a day with your own fitness blog
How to go from being a local fitness professional to an international fitness celebrity (gotta love those big dreams!)
Secrets of $75,000 per year part-time trainers: How to transition away from traditional one-on-one training
How to put your entire fitness business on autopilot with (I happen to know this speaker and he absolutely knows his stuff)
Ryan has helped over 17,525 fitness professionals to dramatically increase their income. In addition to knowing Ryan personally (you will LOVE him), I’m also in a “mastermind” group with one of Ryan’s star students – a really great guy named Craig Ballantyne out of Canada who is rapidly closing in on a seven figure income. (And speaking of rapids, I’ll be white water rafting, rock climbing, and mountain biking with Craig and a buch of other entrepreneurs next week in Aspen – I’ll be the one returning in a cast! But I digress…)
When you read about the speakers and all of what will be covered I am confident you will be as impressed as I was. But what I KNOW will blow you away is the price. Ryan has made this event affordable and accessible to just about anyone.
To learn more about this impressive business- and income-growing training event for fitness professionals at all stages of their careers, go to ChangingCourse.com/recommends/fitnesstraining
Do you secretly worry that others will find out you’re not as intelligent and competent as they seem to think you are? Do you often dismiss your accomplishments as a “fluke” or “no big deal?” Do you sometimes shy away from or obsess about taking on greater challenges because of nagging self-doubt? Are you crushed by even constructive criticism, taking it as evidence of your ineptness? Are you waiting to be exposed as an impostor, fake, or fraud?
If so, join the club!
It’s estimated that 70 percent of people have experienced these feelings of intellectual fraudulence which are especially common among first generation professionals, creative types (Mike Myers says he’s always waiting for the “no talent police” to show up at his door), students, and others. Fearing that we have somehow managed to fool others “impostors” live in fear that sooner or later we are going to be “found out.”
In March I signed a *big* book deal with Crown Publishing Group to write a self-help book on the so-called Impostor Syndrome. And I am committed to including as many voices and experiences as I can. Simply said, I need your help.
For the next few months I’ll be posing a different question designed to help me better understand how impostor feelings manifest in the lives of my readers. I hope you will take a moment to share your thoughts, stories, fears, and solutions with me so that I may in turn, help more people to feel as smart and competent as they truly are.
The theme this week is “success.” What does success mean to you… or in other words, how do you define success? Do you see success as being the same or different from “achievement” or “ambition” and if so, why and how?
Please include as much information as you feel comfortable sharing – first name, current occupation, age, race, state/province/country. Share as much or as little as you like. No matter what you share, I think just reading other people’s stories will be enlightening to all.
Thank you in advance for your input and support. I couldn’t do this without you!
Valerie Young
Recovering Impostor
ImpostorSyndrome.com
Do you secretly worry that others will find out you’re not as intelligent and competent as they seem to think you are? Do you often dismiss your accomplishments as a “fluke” or “no big deal?” Do you sometimes shy away from or obsess about taking on greater challenges because of nagging self-doubt? Are you crushed by even constructive criticism, taking it as evidence of your ineptness? Are you waiting to be exposed as an impostor, fake, or fraud?
If so, join the club!
It’s estimated that 70 percent of people have experienced these feelings of intellectual fraudulence which are especially common among first generation professionals, creative types (Mike Myers says he’s always waiting for the “no talent police” to show up at his door), students, and others. Fearing that we have somehow managed to fool others “impostors” live in fear that sooner or later we are going to be “found out.”
In March I signed a *big* book deal with Crown Publishing Group to write a self-help book on the so-called Impostor Syndrome. And I am committed to including as many voices and experiences as I can. Simply said, I need your help.
For the next few months I’ll be posing a different question designed to help me better understand how impostor feelings manifest in the lives of my readers. I hope you will take a moment to share your thoughts, stories, fears, and solutions with me so that I may in turn, help more people to feel as smart and competent as they truly are.
What does “competence” mean to you? For instance, what goes through your mind as you think about starting your own business or promoting yourself as an “expert,” going after a new job or a big promotion, or taking on a new and unfamiliar project, or perhaps writing a book of your own? In these situations or others, what do you think it takes to be competent? How do you define competence? How will you know when you are “there”? Is there a story that reflects an experience where you or someone you know struggled to feel competent?
Please include as much information as you feel comfortable sharing – first name, current occupation, age, race, state/province/country. Share as much or as little as you like. No matter what you share, I think just reading other people stories will be enlightening to all.
Thank you in advance for your input and support. I couldn’t do this without you!
Valerie Young
Recovering Impostor
ImpostorSyndrome.com
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By Valerie Young
This article originally appeared in Issue 187 of the Changing Course Newsletter.
Has the school calendar of your youth hardwired you into seeing September as the time for new beginnings? If you yearn for a new job, a career change or maybe even a total life makeover – summertime is by far the best time to act.
Summer is synonymous with fun. It’s possible to make a change and still have time for recreation. In fact, the word recreation literally means to “re-create.” And what better way to spend your summer than recreating your life! Here are six ways you can use the rest of the summer to grow a dream:
When my best friend, Elaine, and I weren’t building forts or skipping rope we could be found lying beneath a shady tree or a star-filled sky. These weren’t idle pursuits. We were flexing our imaginations. As the most carefree of the four seasons, summers are made for dreaming. It’s the perfect time to gaze upward, to look inward and to imagine what could be.
Look within and you may find the seeds of a dream planted long ago. Left untended though, dreams will fail to sprout. Summer is the ideal time to cultivate our dreams both old and new. Start with good soil. What is it you care deeply about? What makes you happy? What do you want your life to look like? Now get rid of the weeds – the lame excuses, apathy, self-doubt, and fear born from lack of information. Tend to your dreams and watch them grow.
Even though those so-called lazy days of summer have gotten a lot busier of late, the additional hours of daylight do seem to add a bit more time to our lives. Once you’ve engaged in some active reflection, use some of this “found time” to start working toward your goals. Even if it’s only 20 minutes a day, it’s all forward motion!
As you’re packing for the beach leave the romance novel or who-done-it at home. Instead treat your life like the adventure that it is by picking up a real thriller like Paul and Sarah Edwards' The Practical Dreamers Handbook or Create a Life That Tickles Your Soul by Suzanne Willis Zoglio. Maybe you already have a new direction in mind. Then take this time to read up on that exciting new career.
Save both money and time by spending your vacation at home. Make it a real vacation by doing the kinds of things a tourist on a budget might do – go on a picnic, head to a museum, take a day trip. Stash the money you would have spent on a more costly vacation into a “dream fund.” Use your savings to take career-expanding classes, buy some snappy new interview outfit or even start your own business. If your dream includes relocating, do hit the road by using your vacation as an exciting research expedition.
With all the overlapping vacation schedules, many organizations operate in a somewhat more relaxed mode in July and August. As a new hire, that means the trial by fire period is apt to be a little less trying. If you’ve been putting off a job move until the fall, keep in mind the slower pace makes summer a great time to learn the new job ropes before the workplace once again launches into fall overdrive.
Recreating your life is about making choices. What choices are you willing to make to grow your dream? Whatever you decide to do, have a safe, relaxing, and inspired rest of the summer!
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By Valerie Young
This article originally appeared in Issue 186 of the Changing Course Newsletter.
I'm all about finding ways to help people to "un-job." One obvious barrier to quitting the 9-to-5 grind to work on your own is the predictability that comes with a steady job.
Getting a regular paycheck is fabulous – that is if you love your job. But if your work is taking a toll on your health, your relationships, and your very soul, then that's a pretty high price to pay for predictability.
Better yet, what if you actually were taking something you already know and care about – fly fishing or knitting or antique toys or selling on eBay - and were somehow able to create a business that brought in a relatively predictable amount of money every month. I'm not talking about a few dollars here and there. I mean anywhere from a several hundred to tens of thousands of dollars a month? Would you want to learn more?
Well, you may recall that around this same time last year I told you about membership programs – sometimes referred to as continuity or subscriber programs. Before I get into the incredible income potential that can come from running your own membership/continuity program, let's take the example of the online dating service Match.com. You may not think of this as a continuity program but I assure you their accountants do! Singles wishing to be listed or to contact singles listed on Match.com pay a monthly subscriber fee. Unless you cancel, your credit card is automatically billed every month.
Another example I've used before is Consumer Reports magazine. For $4.95 a month I get continued access to special reports and information not available on the free portion of their site. Unless I cancel, the subscription fee will automatically be billed to my credit card.
What makes a membership/subscriber/continuity program so popular comes down to this:
1) Recurring Monthly Income: In both examples, the businesses automatically bill the consumer's credit card every month, resulting in a steady and relatively predictable stream of recurring income.
2) Access: Members or subscribers sign on because they are getting some kind of ongoing benefit dependent on accessing the content. With online dating services, it's the ability to communicate with and potentially meet the love of your life. With Consumer Reports its' access to a regular stream of desirable information.
3) Convenience: The consumer can sign up once without the hassle of check writing or otherwise having to remember to renew. As the business owner, you skip the hassle of sending out invoices because the money is automatically deposited into your bank account. (Sweet!)
4) Affordability: Far fewer people would shell out hundreds of dollars all at once. But if payments are small, then recurring billing makes what's being offered more affordable to the consumer, resulting in increased sales for the business.
Okay, now that the model is starting to make sense, you're probably thinking, "I'm not a big organization, I'm just one person – how can I possibly run my own membership site?" That's the beauty of the Internet and membership site enabling technology. Today, there are thousands of very profitable membership/continuity programs that are one-or-two person operations.
And before you start moaning about how you don't have anything to offer that anyone would want to buy – I met a guy who is making five figures a month running a member site all about crocheting – and he doesn't even crochet!
That's just the thing – whether you decide to go the membership route or just want to find a way to change course…
The reality is, you don't even have to have personal knowledge of or experience in a particular field or subject area to start any kind of business, including a member program. I'll prove it.
Last summer I had the pleasure of meeting a guy named Todd Brown. Todd is the founder of MassageBusinessUniversity.com, a member site for massage therapists who want to grow their practice.
Before starting this particular member site (he runs several), Todd was in the fitness field. Here is the thing – he is not a massage therapist. Instead, Todd relies on a team of "faculty" with expertise in growing a massage practice to create value-added content for his members. Todd's expertise lies in knowing how to find out what members want and making sure they get it.
What Todd and other successful entrepreneurs get is that competence isn't about knowing how to do everything perfectly. Competence isn't doing everything yourself. Competence does not mean needing to know 150% before you consider yourself remotely qualified to wear the label: "expert." Competence means knowing how to identify the resources it takes to get the job done.
Continuity programs always revolve around the delivery of some kind information, instruction, or even entertainment. However, the type of information, and even the delivery itself, can vary widely. For example, I'm a member of master Internet marketer Yanik Silver's "Underground Secret Society." For $87.63 a month, I receive a big red envelope stuffed with marketing tips and templates and a CD with a new before-and-after Web site critique. If you want to get a better idea of how Yanik structured his member program, go to ChangingCourse.com/recommends/secretsociety.
Yanik's program is unique in that he also puts on a big annual event on Internet marketing. In addition to saving on the registration fee, Secret Society members enjoy such perks as reserved seating and an upgraded break area and the chance to network with other members at exclusive cocktail and dinner functions.
At the event I attended, there were at least 200 other Secret Society members. That means from just these 200 members alone Yanik is raking in over $17,500 A MONTH! And these members represent just a small fraction of overall members.
My own member program, the Fast Track Your Dream Program, is set up a little differently. For one, the whole point is to speed up the process of going from having a boss to being your own boss. So the first thing members get is a "Fast Track Kit" full of books and CDs on a range of topics from finding your calling to how to create a step-by-step exit strategy. Members who are really in a hurry can go to a password-protected site to download much of the material immediately.
Fast Track members also get access to a live "Turning Interests into Income" Teleclass every month, three online resource guides, and daily "inspirational nudges." And, to help fight the isolation that Barbara Sher famously cites as THE dream killer, there's also a members-only discussion forum.
If you want to "see" what a member site might look, like you can take a short video "tour" of the Fast Track Community here: ChangingCourse.com/fasttracktour-20.html
You don't need to know how to set up and run a membership program – or any business for that matter. All you need to do is figure out who does and then learn from them.
Last summer I introduced you to Tim Kerber and Ryan Lee. Tim and Ryan have established themselves as "the" experts on how to set up and run a highly profitable membership business. Ryan's claim to fame is that he went from struggling to provide for his young family as a physical education teacher in the Bronx to earning over a million dollars a year running a dozen different membership sites on different aspects of fitness.
And Tim is the founder and president of a turnkey solution that handles all the technical aspects of a member program called MemberGate. Together Tim and Ryan run a very helpful program for membership site owners called MembershipSiteOwner.com, of which I am a member.
Last summer, Ryan and Tim created a Tele-training program which obviously hit a nerve because the program sold out in less than a week. Tim wrote to tell me that they're going to open the program again sometime in the next few weeks. But before they do, they've put together a short video to give people a better idea of what it's all about. You'll see in the video some actual revenue figures from folks who went through the training last summer. The numbers range from $4,500 to a month to a whopping $193,000 a month!
These numbers are impressive. But don't forget that starting a member site, or any reputable on- or off-line business, takes time and effort. And a member program certainly offers no fast, easy road to riches. But because of the recurring income that membership programs provide, if you are willing to put in the time and effort, it is entirely possible that by this time next year you could be earning enough from your member site to quit your job, or at the very least go part-time.
Learn more about how easy it is to start a membership site and to make it profitable by signing up to watch the first of a series of short videos from Tim and Ryan now:
ChangingCourse.com/recommends/membershipbootcamp
There are lots of ways to turn what you know into income. If you've already been thinking about writing a how-to book, designing and leading workshops, teaching Teleclasses or otherwise profiting from what you already know, you may want to consider adding a member program to the financial mix. No matter which path you choose, it all comes down to just taking that first small step!
P.S. Oh, and one other benefit to you as an entrepreneur is if you ever decide to sell your business, having a continuity program makes your business more desirable because prospective buyers can more easily project future sales.
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Valerie and her rescue dog, |
By Valerie Young
“The number one money challenge for people who want to transition from a salaried job to being an entrepreneur is the unpredictability of their earnings.”
There are lots of different ways to “package” and sell what you know − teaching classes, writing a how-to manual, and so on. But there is another lesser-known way to turn your interests into income. And, it’s the only way I know that is actually designed to generate a steady and relatively predictable flow of income on a monthly basis.
If You Want a Predictable Stream of Income, Create a “Continuity” Program
From the book of the month club to the Netflix DVD rental model, member clubs (often referred to as “continuity” or “subscription” programs) have always been popular with consumers. It’s easy to see the appeal. Members like the idea that for a flat monthly fee they’re guaranteed exclusive access to a continuous flow of information, resources, entertainment, support, or products of interest.
The huge appeal to entrepreneurs is that membership programs provide a CONTINUOUS and relatively predictable flow of income. Take Consumer Reports magazine as an example. Instead of charging the full subscription price upfront, they will automatically bill the subscriber’s credit card in monthly installments of $4.95. Ongoing “membership” allows the subscriber to access password-protected areas of the website at any time.
You do the math. Even if you manage to attract only 1,000 members – at $4.95 a month that’s $4,950 in income a MONTH. Some continuity programs charge as much as several hundred dollars a month.
You don’t have to be a big company to start your own member program. Successful member programs can be found in such diverse niches as embroidery, jazz guitar... even sky diving!
Anyone Can Start a Member Program
Not too long ago Ryan Lee was struggling to support his young family as a physical education teacher in the Bronx. Ryan still loves the world of fitness. But today he runs 48 different membership sites − all in the health, fitness, and sports training field.
Here’s where it gets interesting…
You don’t even need to have personal knowledge or experience in a subject area to start a member program. It may surprise you to learn that the guy who founded
MassageBusinessUniversity.com has a background in fitness – but he himself is NOT a massage therapist. Instead, he relies on a team of “faculty” with expertise in growing a massage practice to create value-added content for his members.
Turn Your Interests into Income
As you’ve just seen, setting up a membership site can be as simple as figuring out what your audience needs and then finding the people who can provide it. But let’s take a hypothetical example of an untapped market.
Let’s say you love fresh lavender. Hop on the internet and you’ll find there are literally hundreds of viable farms and lavender related businesses all over the world – many in the U.S. and Canada.
Now what if one of these growers wanted to join the American, Canadian, or North American Lavender Growers Association? They could join the Australian Lavender Industry Association for $125 a year ($155 international) or the New Zealand Lavender Growers Association. It may be out there but I could not find a North American counterpart.
Do you hear what I hear? It’s the sound of opportunity knocking!
Think about it… even if you sign up a mere 200 lavender farm owners and charge them a modest $35 in monthly member fees. You’d be bringing in $7,000 a MONTH!
Don’t Know Where to Begin? Figure It Out!
I’ve been in this business long enough to know that you’re probably muttering, “But how am I supposed to start a member program for lavender farmers if I don’t know anything about out it?”
The answer comes down to three little words that every aspiring entrepreneur should memorize: Figure It Out!
Instead of trying to guess what your prospective members want, go to the source and ask them! Do lavender growers need help marketing their products? Making operations more efficient? Finding seasonal workers? Breaking into new markets? Understanding new and existing government regulations? Creating joint ventures like advertising campaigns or events with other growers? Learning about new state or provincial programs to support agri-tourism?
In my very limited search, I learned that as part of the planning phase prospective growers often travel to France for a first-hand look at the lavender industry in Provence. And yet, I could not find a single person running lavender farm tours to France. Now imagine if your member program sponsored tours to France and you got to go! How fun is that!
Once you understand your market’s needs, all you need to do is find authors, successful farmers, agricultural marketing experts, botanists, organic food store owners and others who you can interview or who you can get to write articles. You could set up Teleclasses, put on regional or national conferences, and otherwise seek out other resources that your members want. Like I always say, you may not know everything there is to know about a subject but you’re always smart enough to figure out who does!
As long as you make good on your promise to consistently deliver quality content, as a member program owner, you’ll receive a steady flow of revenue in the form of member fees.
Where Do You Begin?
Fortunately, when it comes to knowing exactly what it takes to set up and run a successful membership site, you don’t have to figure it out on your own.
Remember Ryan Lee – the former P.E. teacher turned millionaire fitness membership site owner? Well, last year Ryan teamed up with a really terrific guy named Tim Kerber. Tim is the co-creator of a turn-key membership software solution called MemberGate. Together they started (are you ready…) a membership site for membership site owners.
MembershipSiteOwner.com was created to help new and seasoned membership site owners to continue to grow and learn.
Next, Tim and Ryan teamed up to conduct a program to teach people how to start and run their own membership programs. Not surprisingly, the program sold out in a week.
Tim emailed me this week to tell me that he and Ryan are going to once again open up their Membership Site Bootcamp to new members.
To help people decide whether running a membership site is right for you they’ve put together a short video to show you:
§ How membership sites work
§ What makes membership sites the ultimate portable business (as long as you have a laptop and an internet connection you can run your business from anywhere)
§ The income potential including how recurring income increases the value of the business for future resale
You also get to see some pretty amazing case studies of actual people who, in literally a matter of months, are generating a steady monthly income stream from their new membership sites. I happen to know a few of these people behind these success stories personally, so I can assure you they are very real.
If the thought of generating thousands to possibly tens of thousand of dollars a month in steady, recurring income appeals to you I encourage you to watch the video at http://ChangingCourse.com/recommends/membershipbootcamp
“The Way to Get Unstuck is to Get Informed”
My guess is the first thing you feel when you hear about the income-generating potential of membership sites is excitement. After all, with a steady income you really CAN quit your job!
After the excitement though comes fear. Am I right?
If that sounds like you, then repeat after me: "I don't have enough information right now to be afraid OR excited."
When it comes to changing course, information really will set you free, because the greater your knowledge, the greater your options and the less risky change becomes.
As you watch the video, I’d like you to do two things. One, jot down any questions and/or ideas you have about member programs. Two, pay attention to any inner dialogue that is self-enabling or self-defeating. Then fill in these blanks…
The biggest question I have about starting and running a member program is….
The first idea that springs to mind is….
I know I can do this because…
The reason I know I could never do this is…
To learn more about how to start a member site and how to make it profitable, watch this short video now and be sure to sign up for the follow up case studies:
ChangingCourse.com/recommends/
membershipbootcamp
Whether your passion is salsa, gardening, art, or wrestling, there are a myriad of ways to turn what you already know into your livelihood. If you are drawn to the idea of a more regular, predictable income stream that has the potential to be extremely profitable, then running your own member site may be something worth exploring.
Dale Carnegie once said, “We all have possibilities we don’t know about. We can do things we don’t even dream we can do.” “
Whenever you find yourself thinking that your dream is not possible, find someone who is successfully doing the thing you want to do and follow them. I guarantee that this road will lead you to a lifetime of satisfaction, well-being, and even greater possibilities than you could ever imagine.
To your dreams,
Valerie Young
Dreamer in Residence
Turning Interests into Income Expert
ChangingCourse.com
P.S. Get Rich Slow
When you watch the video you’ll see some revenue figures from actual member sites that range from $4,500 to a whopping $193,000. Again, because it’s a continuity program, these figures are per MONTH.
These numbers are impressive.
Yet, if you’ve been following Changing Course for any time now, then you know that I do not advocate anything that even remotely smacks of “get-rich-quick.” Starting a member site, or any reputable on- or off-line business, takes time and effort. And a member program certainly offers no fast, easy road to riches. But I figure if you’re going to work hard to grow someone else’s business, you might as well work hard to build your own.
I would not suggest you go into the membership site business necessarily expecting to be a millionaire like Ryan. And certainly not right away.
But I do believe that if you are willing to put in the time and effort, that it is entirely possible that by this time next year you could be earning enough from your member site to quit your job or at the very least go part-time.
The key is to begin. Here is the link again:
Valerie and her rescue dog,
"Cokie Roberts"
By Valerie Young
This article originally appeared in Issue 185 of the Changing Course Newsletter.
You’ve already made up your mind that there has to be more to life than careers, cubicles, and commuting. Yet, the prospect of making a major life change when you’re already feeling caught between a “clock and a hard place,” feels overwhelming.
Here are five simple steps even the busiest person seeking a major career change can take to get the process rolling:
How much time do you spend every week blowing off steam about your lousy job? Instead of wasting precious time complaining about what you DON’T want, use the time to create a clear mental picture of what you DO want. Then make a plan for getting from here to there. Five minutes a day spent working your plan will move you far closer to your goal than 15 minutes of griping.
Get out your calendar and set a target date for when you want your new life to begin. Besides being a great source of motivation, knowing how much time you have until "D-Day" lets you create a realistic plan for hitting it. Next, find creative ways to keep your dream, literally, in your face. As you come across images or quotes that reflect your dream, place them around your workspace, in your daily planner, on the refrigerator – any place you’re sure to regularly "see" your destination.
If your dream involves working from the comfort of home, you probably won’t need all those business suits overrunning your closet. Resolve now to make do with the work wardrobe you already have. When you do take the leap, you can donate your business attire to an organization like Dress for Success that assists men and women just entering the job market. Spend the money you’ve saved instead on things you’ll need for your new career or venture – like courses, buying or upgrading a home office computer, purchasing equipment, inventory, and so on.
Erma Bombeck once said, “It takes a lot of courage to show someone else your dreams.” Erma knew that most people – especially those closest to you – tend to discourage change of any kind. Unfortunately, other people’s skepticism, like the flu, can be contagious. And, unless you’ve built up your immune system, these dream killers can knock you for a loop. Don’t look for support from pessimistic family or friends. Instead seek out people who can give your dream the support it deserves.
As one Chinese proverb reminds us, moving a mountain begins by lifting one stone. To keep from being overwhelmed – while still making headway – break your larger goal down into more manageable steps. Then, no matter how hectic your day, pledge to take at least one small step. Before you know it you’ll have turned your dreams into your life.
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By Valerie Young
This article originally appeared in Issue 184 of the Changing Course Newsletter.
You’ve always been drawn to writing – and to the freedom and flexibility of a freelance writer …
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Valerie and her wonder dog, |
By Valerie Young
This article originally appeared in Issue 183 of the Changing Course Newsletter.
The so-called safe path is always “easier.” Just ask Ursula Clay. Ursula tried to take the secure career path her immigrant parents had chosen for her. In fact, she worked incredibly hard to achieve a level of financial success and security her parents, both high school dropouts, never had. Says Ursula:
“I worked very hard to get through law school at night, all the while working full time and struggling financially. When I finally achieved what I thought was the brass ring – i.e., good salary, fancy title, etc. – it was a thoroughly disappointing revelation that this was the end result of all the hard work. It felt very empty and meaningless, further made so by the birth of my two beautiful children. I just felt as though I could not possibly have been put on this earth to toil way for 12 hour days at a job that kept me away from my family, and which I dreaded going to every day.”
“Unless you walk out into the unknown,” says Tom Peters, “the odds of making a profound difference in your life are pretty low.” After two years of executing her escape plan which included many moments of fear and uncertainty, Ursula is embracing the unknown. “It’s like getting out of college again, and having a clean slate. I do not know where I am going to end up, or what might come my way. In fact, staying home with my kids right now may be the next calling, and after that, who knows!”
Laugh in the Face of Fear
Anyone who has ever ventured out of their safe little world will tell you they had doubts. When it comes to making a major life change, not only is a certain amount of fear perfectly normal, it’s actually helpful. For example, it’s our healthy fears that keep us from jumping off cliffs. And the great thing about fear is that there are always ways to get around it.
So try laughing in the face of fear. Am I kidding? No. Ridiculing your fears is actually a very effective technique for banishing them. Let me show you what I mean.
If I told you the U.S. Senate had just voted to relocate the capital from Washington, D.C. to Las Vegas, your response would probably be something like, “No way!” That’s because the mind rejects that which it considers absurd. It’s the same with fear. The trick is to turn your fears into a ridiculous event in your mind. That way, you allow your natural human reaction to absurdity to take over and dismiss them.
Try it yourself. Take your biggest fear and take it to extremes. Really exaggerate it. Let’s say you’re paralyzed by the fear of failure. Try picturing your entire family, all of your friends, your neighbors, everyone you went to high school with, even your boss, standing outside your cardboard-box home holding up signs that read: We Told You So!
Pretty ridiculous, right? When you realize that your worst-case fantasy is just that – a fantasy – what felt overwhelming will now feel much more manageable.
Change Is Easy – When You Take It One Step at a Time
Another way to manage the fear of venturing out on your own is to start small. If the thought of just up and quitting your day job frightens you, start building your freelance career on the side. Begin with low-risk steps and gradually work your way up to the harder stuff.
You never know what is going to move you to action. It can be a book, something you saw on television, a chance conversation, a workshop… I was flattered to learn that for Ursula that chance encounter happened when in 2003 she “stumbled upon” the Changing Course website. That was enough to move Ursula to start “formulating an escape plan.” She writes, “My plan consisted of figuring what I wanted to do after I quit my job, and putting myself in a financial position that would allow me to walk away from a well-paying, but unsatisfying career.”
Receiving a consistent message that change was possible says Ursula, “had the effect of pulling me back to my escape plan whenever I started fearing the unknown again, or just got lazy.” For Ursula that message came in the form of this newsletter. For you it might be a support group, a coach, or even a buddy who can check in to see how your plan is progressing.
Even though Ursula has taken the leap, she’s now working on the second part of her goal – coming up with ideas for multiple income streams. The good news is that having faced down her fears once means Ursula can approach her new goal from a far more desirable vantage point. “Now,” she says, “I can read the newsletter on my home computer in my sweatpants while my daughter naps, instead of on my Blackberry while riding the 8:02 pm train back to the suburbs from work.” And to just to underscore how excited she is to be embarking on this new chapter in her life, Ursula signed off with, “Regards from the other side.”
Remember, courage is not a matter of losing your fear so you can take action; courage comes from taking action. And that, in turn, helps you overcome your fear. When you can act despite your fears, you will be rewarded many times over. That’s because, as Anais Nin once observed, “Life shrinks or expands according to one’s courage.” Once I found the courage to escape job jail my life expanded in ways I never imagined possible. Life really is better over here on the “other side.” I encourage you to take one small step today to join those of us are enjoying the view from the other side.
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Not only do they promise that you can have your blog installed in 10 minutes, they recently ran a COMPLETELY free pre-course that had over 1,000 comments on it from students who were amazed at how easily they were getting their business started on a blog. Now they’re releasing over 1000 videos and a 4 week Webinar coaching group to reveal every detail on how they run their blog business.
If you have a blog or are interested in creating one, check out the newly launched “Blog Classroom” at http://ChangingCourse.com/recommends/blogclassroom and have your blog be one of the many that over 1.5 million posts are made every day.
Want to Live Your Dream? 5 Keys to Changing Course
I hear from a lot of people at various junctures along the road to right livelihood. Some are at the very beginning, still trying to figure out which path is right for them. Others have happily reached their destination. Others are midway on their journey.
Regardless of where you are in the process, there are five keys to changing course:
1. Set Big… and Small Goals
I know it sounds cliché, and especially at the start of the New Year, but if you’re really serious about taking control of your life, you need to set some goals for yourself. Knowing that you want to change your life or work for yourself is a great start. But expressing a desire is different from stating a goal.
In her Broadway show Signs of Intelligent Life in the Universe, Lily Tomlin’s bag lady character remarks, “I always wanted to be somebody. I realize now I should have been more specific.” Deciding you want to earn money by making and selling gift baskets is much more specific than saying you want to make money doing something creative. But even here you need to get more precise.
One of the best ways to move a goal along is to quantify it. Using our gift basket example, the key questions are how much money do you want to make and by when. You can always shoot higher, but for now let’s think in terms of generating $5,000 in gift basket sales. From here you’d want to make your goal both real and reachable by breaking it down into smaller more manageable goals, like, for example, making and selling six gift baskets in 60 days. Actually writing the date on your calendar will make it even more real.
2. Figure Out What It Will Take to Reach Your Goal and Start Doing It
A long-time subscriber named Joe understands the importance of looking to others for inspiration. He also understands how important it is to hear not just about people that have followed their dream and made it happen, but also about, he says, “those currently traveling the pathway to a new career, setting goals for themselves, managing to keep their dream alive and staying focused on the goal of a new career.”
And setting and working toward a goal is exactly what this 33 year old software engineer from Maryland is doing. But I’ll let Joe tell you about his plans – and progress – in his own words:
“A year and a half ago I started reading a lot of real estate investing books. I wanted to get into the medical field as a Physical Therapist and needed a way to supplement my income. I took classes and soaked up all of the real estate knowledge I could get.”
“I worked with advisors until I landed my first deal. It was a rehab house, and after I repaired it I made $28,000 profit for an endeavor I spent five months on part-time. I was thrilled. I took this money and used it to help purchase a rental property and another rehab which I am now selling.”
“I set goals for myself. My big goal is a career change at five years. Presently I have four years left. I plan on generating enough income to cover all of my expenses. I also have smaller goals. At the two year mark I plan to make $1,000 net cash flow per month. At three years I plan to make $2,000 net cash flow per month. This will allow me to pursue Physical Therapy without worrying about money! I have volunteered in two hospitals and determined that this is where I belong.”
“This is my journey. It’s hard to wake up every morning and go to my current job. However I now see an end in sight. I know that in a few years I will be enjoying helping people every day. And when that day comes, it will be a dream come true.”
Some of you are probably saying, “Five years! I can’t wait that long.” You don’t have to. Joe’s goal is very specific – to generate enough money from real estate to be able to fully support him during his schooling. Depending on your goals, your financial situation, your level of commitment, and the amount of time you’re willing to invest, you can certainly change course in far less time.
Whether you want to be living your new life in five years or in five months, the point is to set a goal, quantify it, and then, one day at a time, take the small action steps required to make your goal happen.
3. Live Life Now
Shooting for a future goal is great. But I received a deeply moving email that reminded me of the importance of also remembering to live life fully in the moment. A woman named Pam wrote to thank me for inspiring her partner Bruce, a man I never met but who I apparently encouraged to live his dream. Pam has generously allowed me to share her and Bruce’s story with you.
Before he was killed instantly in a traffic accident, Bruce was living his dream. Bruce had been a computer consultant who, explained Pam, tired of the cubicle life. “Although he made a boatload of money doing it, he realized that there was more out there to do. He always wanted to do something purposeful with his life, and didn’t see that the programs he wrote made much of an impact.”
Pam went on to say that she and Bruce lived together for two very wonderful years, “living our dream. We both left the corporate grind, had opened our own business as massage therapists. Bruce was a wonderful man. He had healed so much in his life and many times said, ‘If I’m to be the kind of spiritual man I wish to be, then I need to work on this.’ He was making a difference in people’s lives on a daily basis. I’m so very grateful for every moment that we shared. We were blessed to have many friends. And I plan to continue our dream.”
Although I never had the privilege of meeting Bruce, he sounds like a truly remarkable human being and one who will be missed by many. How wonderful that while he was among us Bruce was living his dream. Pam’s strength, her gratitude in the face of unspeakable grief and her resolve to continue to live their dream is inspiring indeed.
When we think about goals, we tend to think about achieving some future result. And yet as John Lennon once observed, “Life is what’s happening when you’re making other plans.” Bruce’s story serves as an important reminder that even while you strive to reach your future goals, you must live life now and with as few regrets as possible.
4. Break a Rule
Sometimes changing course can begin with the simple act of shaking up your normal routine. Take Barbara, a former coworker of mine from my corporate days. Most people spend their Saturday mornings in a frenzy of house cleaning and errands. Barbara does this stuff too but not until after she’s indulged herself by crawling back into bed with a cup of coffee and popping in a suspense movie.
Spending your Saturday morning watching a movie may not be your cup of tea, but surely there is some small fun thing you can do to shake things up. If you tend to read self-help books try a romance novel. Walk your dog in a totally new place or drive a different way to work. Visit your local historic society or museum. On the first day of each month have ice cream for breakfast. Go to the movies on a weeknight. Experiencing small changes can make the bigger ones seem more doable.
5. Use the One Step a Day Approach
When I was desperately trying to get myself out of corporate America, I promised myself that I would not go to bed at night until I had taken at least one small step toward my goal. It doesn’t have to be a big step.
For example, I knew that at least in the short term, leaving my job-job would mean I’d be earning less money. So one day I brainstormed a list of ways to supplement my income. I have a finished basement with a bath so one idea was rent it out to a commuting grad student who needed a place to stay during the week. The next day I stopped by the hardware store to see what I could find out about sound proof ceiling tiles. The following day I looked up the Web site for the housing office at the local college, and so on.
Not only do small steps add up, but just as important is the sense of momentum you’ll gain. And once you get started on a dream, it’s hard to stop!
“The big break for me,” said Jon Stewart of the Daily Show, “was deciding that this is my life.” Another year is upon us. Since this is indeed your life, let this be the year you start making your dreams happen.