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Entrepreneurs and Chasing Dollars

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Entrepreneurs and Chasing Dollars Perfect Marketing Equation © All Rights Reserved.


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Many entrepreneurs are doing one of two things…. www.perfectmarketingequation.com © All Rights Reserved.


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They’re either riding the hamster wheel, or they’re frozen and standing still. www.perfectmarketingequation.com © All Rights Reserved.


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Neither equals a profitable business. www.perfectmarketingequation.com © All Rights Reserved.


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Entrepreneurs and the Proverbial Wheel of Doom www.perfectmarketingequation.com © All Rights Reserved.


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If I can share one bit of wisdom it’s don’t chase dollars! It’ll never work. www.perfectmarketingequation.com © All Rights Reserved.


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You’ll never feel like you have enough. So you just keep chasing it. www.perfectmarketingequation.com © All Rights Reserved.


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Something else an entrepreneur does that’s chasing the dollar is they ride the hamster wheel. www.perfectmarketingequation.com © All Rights Reserved.


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They ride it so much in fact, they think that’s how it’s supposed to be – mainly because they’ve never experienced anything else. www.perfectmarketingequation.com © All Rights Reserved.


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So they go round and round and round – they’re working hard, but they remain in the same place. www.perfectmarketingequation.com © All Rights Reserved.


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If you’re chasing dollars, you’re never really focused on the big picture, the work that really needs to get done. www.perfectmarketingequation.com © All Rights Reserved.


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Habits of a Profitable Entrepreneur www.perfectmarketingequation.com © All Rights Reserved.


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Here’s the 4 steps I use in my practice to teach entrepreneurs how to stay off the hamster wheel and be profitable in their businesses. www.perfectmarketingequation.com © All Rights Reserved.


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1. Declaration of Intent www.perfectmarketingequation.com © All Rights Reserved.


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What are your intentions with your business? Is it to free yourself from a job you hate? www.perfectmarketingequation.com © All Rights Reserved.


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Become wealthy? Perhaps just have a secondary income resource? www.perfectmarketingequation.com © All Rights Reserved.


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Whatever the intent is – declare it. Say it out loud, own it and commit to it. www.perfectmarketingequation.com © All Rights Reserved.


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2. Put a Dollar Sign On It www.perfectmarketingequation.com © All Rights Reserved.


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Whatever intent you declare, follow that up with a dollar sign. www.perfectmarketingequation.com © All Rights Reserved.


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How much will it take? If you want to become wealthy for example, what does that mean to you in specific terms? www.perfectmarketingequation.com © All Rights Reserved.


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If it’s secondary income you seek, how much do you need? www.perfectmarketingequation.com © All Rights Reserved.


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Write that number down for you and everyone to see. You can’t own what you don’t make known. www.perfectmarketingequation.com © All Rights Reserved.


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3. Treat Yourself Like an Employee www.perfectmarketingequation.com © All Rights Reserved.


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Now this is probably the hardest part. It’s been my experience (personally and from others) that many entrepreneurs have a sense of entitlement. www.perfectmarketingequation.com © All Rights Reserved.


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Once they’re freed from the cube they feel like they don’t have to get up at certain time anymore – or answer to anyone. www.perfectmarketingequation.com © All Rights Reserved.


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Not true! If you want to make money in your business you must treat your business like it’s a real business. www.perfectmarketingequation.com © All Rights Reserved.


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4. Develop a Plan of Action www.perfectmarketingequation.com © All Rights Reserved.


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Once you know your intentions, you know how much money you want to make, and you’ve developed a working environment – now it’s time for ACTION! www.perfectmarketingequation.com © All Rights Reserved.


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Develop a step-by-step plan that gets you to where you need to be. How many clients do you need? www.perfectmarketingequation.com © All Rights Reserved.


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How much activity will it take to get those clients? How much revenue do those clients represent? www.perfectmarketingequation.com © All Rights Reserved.


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Are you growing your list? How are you getting the word out? www.perfectmarketingequation.com © All Rights Reserved.


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These are the types of questions that need to be answered to get you to where you want to be. www.perfectmarketingequation.com © All Rights Reserved.


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These are the traits of entrepreneurs that are successful in their efforts. Adapt to them and you’ll succeed at anything! Cheers! www.perfectmarketingequation.com © All Rights Reserved.


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If you need some help picking a niche market I just launched a new training product that will tell you how to make that choice step-by-step. It’s absolutely FREE. www.perfectmarketingequation.com © All Rights Reserved. Click here to check it out.


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Visit my website for more entrepreneur training courses. www.perfectmarketingequation.com www.perfectmarketingequation.com © All Rights Reserved.


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If you’re bootstrapping a business and need a roadmap look up my book, Yanking Bootstraps, on Amazon! It’s a short but powerful read that will give you strategies to use right away in your business. www.perfectmarketingequation.com © All Rights Reserved.


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Connect with me! Twitter -@thawkbridges Facebook - www.facebook.com/TammyHawkBridges www.perfectmarketingequation.com © All Rights Reserved.


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www.perfectmarketingequation.com © All Rights Reserved. I hope you found this slideshow helpful in your business please visit me at perfectmarketingequation.com for marketing training and educational information for entrepreneurs. Tammy Hawk-Bridges is an author, entrepreneur mentor and marketing strategist. She provides education and marketing training for entrepreneurs. Connect with her on Twitter @thawkbridges.


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