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Would You Really Do That?



What would you do for a million euros?

Michael Michalowicz of the Toilet Paper Entrepreneur posed a similar question on his blog recently. Sure entrepreneurs are prone to pushing their limits and setting high expectations of how they can change the world. Likewise, they want to be paid for their products and services. But how far are you willing to go? How does the subject of money affect your behaviour?Euros

Not only does this raise questions about how one’s value system but this question opens the floodgates of our imagination and our fears. This is a heady mix in the early days of a startup. A number of my clients have spoken about how setting their fee is actually tied to their sense of self-worth. Their question is not “how is this price consistent with fair market value and my talent?” but “is it okay to charge for what I do?”

So many inexperienced entrepreneurs imagine becoming successful will change them into some sort of Dr. Jekyll and Mr. Hyde. I’ve seen people go back to a corporate job, delay making a decision so they can do even more research, or undercharge due to lacking confidence in their technical skills. All of this to keep their anxieties at bay.

Hiding from your fears isn’t a long-term answer. But neither is accepting any opportunity that comes your way with the philosophy of the ends justify the means. As Socrates advised, “know thyself.” Remember why you started your business and what you want it to do with three questions.

This is about you. It’s about the type of person you are now and still will be as your small business develops. Make it a point to know your beliefs about money and success, your top three values (e.g. family, financial freedom, adventure, wealth), and your deal-breakers. Sometimes the hardest thing to be willing to do is ask for help and recognize that we are not the first or last entrepreneurs to be unsure, stuck, or wondering if we’re making the right choices. in our business development.

So, what would you do for a million euros?

Would you really do that?



The Author:

Elli St.George Godfrey guides small business owners as they expand in their own community or internationally using her 3 Keys Coaching process helps clients not only navigate growth stages. With each stage of the 3 Keys coaching process, we tackle strategic planning, goal setting, managing change, organizational development and managing the stress and feelings of overwhelm that often plague small to mid-size business owners and executives. This results in clients feeling confident in identifying and developing strategies to be more effective leaders, plan more creatively, increase revenues and overcome the fears and obstacles that interfere with building thriving small to mid-sized businesses. I am also Chief Community Manager of Kaizen Biz and Host of Twitter chat, #KaizenBiz (a chat that uses the concept of "kaizen" for continual improvement in how we think and act in business). Please visit www.abilitysuccessgrowth.com/about/ to learn more and I look forward to meeting you in a complimentary coaching session. http://www.abilitysuccessgrowth.com

Add Your Comment

  • http://www.jobsblog.ie/Jobs/does-your-cv-and-linkedin-profile-match/521 Ivan

    Why do I think about Demi Moore all of the sudden?

  • ElliStGeorgeGodfrey

    Is there an indecent proposal here? Haha!

  • http://www.jobsblog.ie/Jobs/does-your-cv-and-linkedin-profile-match/521 Ivan

    Why do I think about Demi Moore all of the sudden?

  • Anonymous

    Is there an indecent proposal here? Haha!

  • http://www.jobsblog.ie/Jobs/does-your-cv-and-linkedin-profile-match/521 Ivan

    Why do I think about Demi Moore all of the sudden?

  • ElliStGeorgeGodfrey

    Is there an indecent proposal here? Haha!