Monday 30 November 2015

How to Actually Start That Business Idea You’ve Been Dreaming Of

Starting a Business for Dummies

You’ve said you don’t even know how to set multiple alarms on your phone and have mentioned several times that you are not a very tech-savvy person. Other bloggers have said similar things. I’ve recently started a new blog after writing in other spaces over the years. I’m determined that this one will be successful! However, I don’t know how to do everything.

My question is: how did you actually begin? I assume you couldn’t afford assistants right away to do the tasks you don’t understand? What advice can you share for conquering this hurtle without having to practically get degrees in several new areas? – Betsy from The Betsy Beat

Hi, Betsy!

Let me first encourage you by saying that I actually don’t hold any degrees and didn’t attend college. This often surprises people!

I think that college is a great choice for many people and degrees can certainly be very necessary and helpful for many people and professions. However, I don’t regret my decision to not go to college.

I’ve always had a very entrepreneurial spirit. I started a few part-time jobs in high school (teaching violin, working as a mother’s helper, and waitressing) and loved those so much that I decided that I wanted to devote more time to these and being involved in volunteer work instead of going to college.

I did get my paralegal certification when I knew I was going to be marrying a man going to law school, but other than that, I never pursued any higher education. After we got married, I continued working in multiple part-time jobs and also started working on all of the business ideas swirling inside my head.

After multiple attempts at different entrepreneurial ventures, I ended up discovering blogging — which ultimately led to to allowing our family to be full-time self-employed entrepreneurs.

How to Start That Business You've Been Dreaming Of

To answer your question, here’s my advice on how to actually get started on that business idea you’ve been dreaming up: 

1. Be an Avid Learner.

When I was just starting out as an entrepreneur, I went to the library almost every week to check out stacks of books on all sorts of subjects related to business. I read about starting a business, managing a business, and successful business owners. These books not only inspired me, they gave me practical suggestions to turn my business ideas into a reality.

Back when I started, technology wasn’t anywhere near what it is today! Now, in addition to books, you can get access to so much motivational and valuable information through blogs, online courses, podcasts, Periscopes, and audiobooks. There is something for everyone — even those who hate actual reading.

I encourage you to become an avid and lifelong learner. Read good books. Listen to inspiring podcasts. Ask great questions from more experienced people. Read blogs by successful entrepreneurs.

Pick one new area every 3 months to focus on and then set aside an hour or two every week to learn all you can on that particular subject.

For instance, I recently have been devoting time and effort to learning more about Periscope. This means, I’m devoting a little time each week to reading blog posts about it, watching other successful scopers, and experimenting with a variety of different types of scopes myself.

How to Actually Start That Business Idea

2. Watch What Others Are Doing.

Want to be successful? Find successful people and pay attention to what they are doing right.

In the beginning, I found a handful of successful blogs online — bloggers who were making a part-time or even full-time online. I scoured their posts, I watched what they were doing, I looked at how they set up their blogs, and I asked myself what they were doing to be successful.

There’s so much we can learn from others. And honestly, pretty much all of the ideas that I have come from inspiration I find from others. I’ll see an idea that I think is really brilliant and then I ask myself how I can take that idea and make it my own.

It’s important to note that when you watch what others are doing, make sure that you don’t just go out and copy their ideas. The world doesn’t need any more copycats. But there is PLENTY of room out there for you to be you! Because you are the only you in existence.

So be inspired by others and then apply your own unique perspective and story and fresh ideas to what you learn from others.

How to Actually Start That Business Idea

3. Jump Out and Try!

So many people gather ideas, map out business plans, and study what works for others…but they never end up actually starting. If you want to be successful, you have to get brave and press publish, send that email, or make the first phone call.

Don’t just collect a bunch of information; go out and apply what you’ve learned. Start small and be financially smart, but jump out and do something. Even if it feels like just a tiny little step forward. Doing anything is almost always better than doing nothing at all.

I remember when I first jumped out and started MoneySavingMom.com in 2007. I didn’t have money to pay for a designer or anything fancy on that first site. Instead, I went to Blogspot and set up a Plain Jane blog with an all-white background and a text-only header. It was simple. It didn’t look all snazzy. But it was enough to get the job done and it was what I could do at the time.

Over time, I slowly learned how to tweak things and write better content and I slowly brought on a team of people to help improve the site design and usability. I also learned from constructive feedback.

I’m continuing to learn, to improve, to try things, and to make changes. It’s never exactly how I want it to be and there are things I’m constantly working on or wanting to change, but I’m determined not to let that hold me back from jumping out and pressing forward. Because if we wait until we get things exactly perfect, we’ll probably never start!

How to Actually Start That Business You've Been Dreaming Of

4. Don’t Be Afraid To Fail.

This is probably the most important piece of advice I can give you. You are going to fail. It’s inevitable. It’s part of the process of improvement.

But guess what? When you fail, you have a choice. You can choose to see yourself as a failure and you can run from ever attempting anything new again. Or, you can choose to see it as part of the learning process and a way to grow and improve.

Honestly, there are many times when failure has made me want to quit. But my mantra has always been to force myself to stop and ask, “Why?” Instead of groveling and wallowing in frustration over failure, I want it to be my teacher. So I ask myself, “Where did I go wrong?” “What can I learn from this?” “What will I do differently next time I’m faced with a similar situation?”

When you focus on what you can learn from failure, it actually becomes a valuable part of your success. As I often say, any success I have is the result of standing on a pile of failures and choosing to view those failures as building blocks and the foundation for eventual success.

By the way, when you download my free 5-day course, you will learn all about my first big business failure. As embarrassing as it was to fall flat on my face, I am truthfully so, so grateful for that failure, because it was the catalyst to where I am today.

What advice do the rest of you have for Betsy? Let us know in the comments!

P.S. Be sure to download my free 5-day course to learn the 5 keys to success that I’ve learned through business failure and success.

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Thursday 26 November 2015

I’m so grateful for you all (plus, a little surprise!)

Happy Thanksgiving!

Over the past few days, I’ve been thinking a lot about this past year and all it entailed. This year has been filled with a lot of unexpected stretching things for me personally. But it’s also been filled with so many blessings.

One of those blessings has been you all. I’m grateful for each of you who read here, who comment, who send encouraging emails, who tell your friends, who pray for our family, who get excited about our new products, and who are such amazingly loyal readers.

Happy Thanksgiving!

When we started MoneySavingMom.com in 2007, I could have never dreamed what God had in store for us through this blog. I love this community here. I love the opportunity I have to get to earn a living doing what I love. And I’m so grateful and humbled that the income and opportunities from this blog allowed my husband to be able to come home full-time and that he and I get to work as a team to homeschool and run the business.

You mean so much to us! Thank you for the impact you have made on our lives. Thank you for how you constantly bless and encourage us. We love you all!

Happy Thanksgiving!

Also, we have a little Thanksgiving surprise we’ve been working on and I’m so excited to get to share it with you today! We were able to get in more stock of our brand-new Choose Love Bracelets, PLUS we also are offering free shipping on all U.S. orders when you order 5 or more Choose Love or Choose Gratitude Journals!

The journals are just $9 each right now — which makes them a fantastic gift! And when you order 5 or more this weekend, you’ll automatically get FREE SHIPPING on your entire order!

Go here to check out all the great products in our shop.

P.S. Want to know the story behind the Choose Love Bracelet? Watch this video here.

Sunday 22 November 2015

A Year-End Game Plan for Investors

It has been a tough year for many investors as the stock market has sputtered and shuddered like it hasn’t in a long time. And get ready for 2016, when the U.S. presidential election campaign has the potential to roil markets.

Wednesday 18 November 2015

3 Long Years

Good morning, I have bought your book twice because I gave my first copy to my ex-husband when we got divorced as I thought he needed it more than I did at the time. We were together for about 8 years, and I ended up supporting us as best I could for about 2 years while we bought a commercial fishing vessel and he became his own captain as fishing is the love of his life. I accrued about $4,000 in credit card debt. After our amicable divorce, I worked on paying off my credit card. Then the saga of my support dogs medical problems started. Over the last three years, I have spent about $17,000 on her for: two ACL surgeries, removing a bone tumor from her head and we had to fly to WSU, flying down for a follow up six months later, and lastly two root canals because she hit a trailer hitch and broke her front teeth off chasing a ball. Two months ago when she broke her teeth, I was able to pay the $1,200 vet bill with cash and not have to put more money on my credit card for this unforeseen medical expense. I have also worked as much overtime as possible at my job, and had a few other part times jobs over the course of the last two years, sacrificing many adventures with my support dog, fun social events, and sleep. It has been a very long, hard road, especially as other medical bills happened and my goal date of debt-freedom would come and go. I paid for my dad???s Subaru with cash when he bought a new one and I worked my butt off in college to graduate with no debt, so having credit card debt was my first experience with paying a finance charge, and it hurt every month, year after year. I have followed your principals as best I could (sometimes better than others), and by showing restraint, having a budget and sticking to it, and making sure that I have an emergency fund, today is the day. I worked 28 hours of overtime last pay period (119.75 hours of OT this year), and I am finally able to pay off my credit card for good. Not gonna lie, I might be a little weepy right now. I have to thank you for giving me the tools to set myself up for success, if I wanted it bad enough. And trust me, I told myself many times ???don???t buy things with money you don???t have???, and ???one day I will be able to pay for all of this and more without having to buy it on credit???. Along the way I have also been able to save for retirement, and in July I was able to purchase my first house, a townhouse end unit condo in the same neighborhood I was renting in. (I will say that the housing market is odd in Juneau, Alaska, and I paid more in rent than I do for my mortgage.) In showing restraint, and giving reasons for why I didn???t always participate in fun group activities, one of my other friends has also found the motivation to change his ways and actively work to pay off his credit cards and live without finance charges. Another friend has taken a serious look at her financial life and is also making some positive changes. Being able to pay off my credit card today is probably a day I will celebrate as an annual holiday for a few years. It???s kind of a big deal. And I'm not even ashamed I'm a little weepy.

Tuesday 17 November 2015

DIY Wooden Stocking Door Hanger

Disclosure: This post is sponsored by The Home Depot. All opinions are my own.

Make your own DIY Wooden Stocking Hanger! Register for a #DIHWorkshop at The Home Depot!

I am looking forward to hosting another DIH Workshop at The Home Depot this week! As I recently mentioned, this time I’ll be hosting in Chattanooga at the Hixson location on Thursday, November 19 from 6:30-8pm. You can REGISTER HERE for a free workshop near you! We will be learning how to make a DIY Wooden Stocking Hanger, and today I’m sharing a tutorial for the customized version of this project that I made. I created a white and gold striped DIY Wooden Stocking Door Hanger with a chalkboard front, and I’ll walk you through exactly how to do it.

Supplies you’ll need for this project:

Make a DIY Wooden Stocking Hanger!

  • 1 – 24″ x 48″ sheet of sanded plywood
  • 1 – 1″x4″x6′ pine board
  • 1 pack of 1 1/2″ 4D Bright Steel Finish Nails
  • Hammer
  • Wood Glue
  • Jig Saw
  • Miter Saw or Circular Saw
  • Yard Stick
  • Tape Measure
  • Pencil
  • Clamps
  • Sanding Block
  • Picture Hanging Kit/D-Rings or Command Strips
  • White Chalk Finish Paint
  • Metallic Gold Spray Paint
  • Painter’s Tape
  • Rust-Oleum Chalkboard Paint
  • Paint Brush
  • Chalk
  • Cordless brad nailer and 1″ brad nails (optional)

First, use your yard stick and pencil to create a grid of 2″ squares on your plywood sheet. (I recruited a cute 7 year-old to help with this part.)

Make a DIY Wooden Stocking Door Hanger!

Next, use the grid as a guide and draw a stocking shape, making it at least 6 inches (3 squares) wide and 18 inches (9 squares) long. Mine ended up being 8″ wide across the top and about 18 1/2 inches long.

Make a DIY Wooden Stocking Door Hanger!

Cut out your stocking shape with a jig saw.

Make a DIY Wooden Stocking Door Hanger!

Make a DIY Wooden Stocking Door Hanger!

Use a sanding block to smooth out all of the rough edges.

Next, use a miter saw or circular saw to cut your pine board down to the following specifications:

  • 2 side pieces at 3 1/2″ long
  • 1 front piece at 7 1/2″ long (Modify to fit the width of your stocking)
  • 1 bottom piece at 6″ long (Modify to fit. Should be 1 1/2″ shorter than your front piece.)

Make a DIY Wooden Stocking Door Hanger!

Build your U-shaped box by attaching the boards with wood glue, hammer and nails.

Make a DIY Wooden Stocking Door Hanger!

Make a DIY Wooden Stocking Door Hanger!

Paint your stocking and your box white using chalk finish paint or latex paint — whatever you like best. After your paint has fully dried, use painter’s tape to create 2-inch wide horizontal stripes across your stocking. Measure and overlap the tape if necessary to make sure the stripes are 2 inches (or whatever width you prefer). Your bottom stripe might not be 2 inches — that’s ok!

Make a DIY Wooden Stocking Door Hanger!

Spray paint the stocking with metallic gold paint — I recommend two coats, and peel the tape off after your second coat has dried.

Make a DIY Wooden Stocking Door Hanger!

Now for the box:

Tape off a rectangle shape on the front of your box. I made the sides of my rectangle the same width as my tape, and the top and bottom of the rectangle half the width of the tape by folding it over. Paint with two coats of Rust-Oleum chalkboard paint.

Make a DIY Wooden Stocking Door Hanger!

Peel the tape off while your second coat is still damp. Note: After your chalkboard paint fully dries (I would give it a couple of days to cure), season it by rubbing the side of a piece of chalk all over it and then wiping it clean with a damp cloth. Then it will be primed and ready to use.

Make a DIY Wooden Stocking Door Hanger!

Now it’s time to attach the box to the front of your stocking! For this step, place your box face-down on your work surface, and lay your stocking face-down on top of it. Position it as straight as possible, and then hammer and nail it in place from the back. Optional step: I used my brad nailer and a couple of brad nails to attach it first so it would be held in place and not shift while I hammered my fastener nails in.

Make a DIY Wooden Stocking Door Hanger!

When you’re finished, add picture hanging hardware or Command strips to the back, and hang! This would look great hanging on a mantel, or on the front door as I’ve hung mine!

Make a DIY Wooden Stocking Door Hanger!

Make your own DIY Wooden Stocking Hanger! Register for a #DIHWorkshop at The Home Depot!

CLICK HERE TO REGISTER for a free DIH Workshop near you, and learn first-hand how to make one of these DIY wooden stocking hangers! It’s going to be so much fun. I hope to see some of you in Chattanooga!

Will you be heading to a DIH Workshop this week?

If you’re new here, please consider subscribing via RSS or by email.

You can also connect with me here:

Thanks for visiting!

-Erin

The post DIY Wooden Stocking Door Hanger appeared first on DIY on the Cheap by Erin Spain.

Thursday 12 November 2015

Debt Free in One Year

I had always been taught to save my money, but never learned to effectively budget. I avoided debt as much as possible and even paid off $25,000 in student loan debt in 1.5 years after graduate school. I never had credit card debt in my 20s and would always pay off my monthly bills. I thought I was good with money until I started an expensive habit of ballroom dancing at the age of 29. I loved dancing, but quickly racked up $10,000 in credit card debt because I was spending money I didn't have and not using any kind of budget. I also made a hasty and bad decision to get braces at the age of 30. I was initially told that insurance would cover half the cost of the braces, but after I had them put on, I found out nothing was covered because I was an adult! I was so mad at myself for creating so much debt at the age of 30, thinking I should have known better. This was not the way I wanted to start my 30s. I looked for budgeting solutions but could never find the right one and would still spend more than I had. One day at work, a coworker happened to mention a book she liked, which was the Total Money Makeover. I looked up the book and bought it online. Once I got the book, I read it in two days and loved every page. I reread certain chapters because they were such good advice, I desperately needed. I found a great budgeting tool and started my debt snowball. I used the phrase "gazelle intensity" every time I was faced with the option of buying something. I worked a second job of housesitting to earn extra money. Within a year of my 30th birthday, I had completely paid off my debt. At the age of 31, I am now completely debt free and I paid off my final credit card bill the day before my birthday. It was the best present I could have ever given myself. I am now saving for a used (not new because they lose value, like Dave says!) car. I am so excited to soon be able to buy my car! Anytime anyone brings up leasing a car, the first thing I say is "a lease is a fleece." I am so grateful for Dave's amazing book that inspired me to work hard to change my life for the better. The guilt and anger towards myself is gone!

Schoola: $20 sign-up credit, free shipping, plus an extra $11 credit after first purchase (today only)!

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Today only (November 11), Schoola — an online consignment shop that offers gently used clothing for women and children — is offering an $11 credit when you spend at least $11 out of pocket. (The $11 credit will be valid starting on December 1, 2015.)

On top of that, they are still offering their $20 sign-up credit for new members, plus free shipping on all orders!

Here’s an easy scenario for you to combine these two offers for a great deal:

  1. Sign up with Schoola to get your $20 new member credit.
  2. Purchase around $31 worth of clothing.
  3. Shipping will be free.
  4. You’ll pay $11 out of pocket, and get $11 back in credit to use on future purchases.
  5. It’s like getting $31 worth of clothing completely for FREE!

Also — if you’re an existing Schoola member, be sure to log-in and share your referral link with your friends so that you can earn $20 when they sign up!

(Note: The links in this post are affiliate links. Read our disclosure policy here.)

5 Ideas to Simplify Christmas & Save Your Budget

5 ways to simplify Christmas

Guest post from Crystal of Serving Joyfully

Simplifying Christmas is important to us because of our family values, but also because of our tight budget. If you’re in a position where you need to (or just want to) simplify Christmas, here are a few tips that have worked for us.

If you get nothing else from this post, know this: You can simplify your Christmas and still make it meaningful.

1. Remember the “Reason for the Season”

If you are a Christian, the reason for the season is the birth of Christ. It doesn’t have to set your budget back to celebrate Him, or even to show love and kindness to those around us.

I didn’t grow up in a Christian home, but I did grow up in poverty. Christmas to us wasn’t about gifts or fancy things. It was about family, traditions, time together, and memories — all of which are free!

2. Celebrate with Kindness

Random Acts of Kindness (RAK’s) are a great way to celebrate Christmas, and they don’t need to be expensive.

There are so many things you can do for others that are free, or very inexpensive, and this is a great way to remind ourselves and our children to focus on others. Charity work can be a great way to celebrate the season together.

3. Simplify Gift-Giving

Wishlists these days seem to have gotten out of control. If you feel the same way, here are a few great ideas to simplify gift-giving:

  • Model gift-giving after baby Jesus who received 3 gifts from the wise men.
  • Base gifts on the following: something they want, something they need, something to wear, something to read. I love that little rhyme, and I think it makes for a very balanced Christmas list.
  • Consider purchasing classic gifts that will last and be valued for years, as opposed to trendy gifts that children will probably lose interest in quickly.
  • Exchange names for larger groups and parties — meaning you only need to buy 1 gift to exchange instead of multiple gifts for everyone.

4. Get Creative

You know the saying, “It’s the thought that counts”? Well, it’s true — and sometimes a handmade gift can be the best because you can give a thoughtful gift and save money at the same time.

With the plethora of handmade gift ideas available on Pinterest, you are sure to find some that fit your taste and talents.

One year, I made goodie baskets for my extended family. Each family got a basket filled with nicely packaged homemade baked goods, cookies, candies, etc. It was, in part, because we were strapped for cash. Everyone loved them and said that’s what they wanted from us every year!

5. Focus on Making Memories

One of the most important things about the holiday season is to make memories with the people you love! Baking Christmas cookies, looking at Christmas lights, watching Christmas classics as a family, reading books, making crafts, decorating ornaments… these memories will live on long after their favorite toys have “died”.

Spend time together celebrating the wonder of the season!

How will you simplify your budget this holiday season?

Crystal blogs at Serving Joyfully where she shares about her debt-free journey, real food, marriage, and the adventures of homeschooling her two rambunctious boys. She is the author of the Homemaker’s Quiet Time Journal and Intentional Marriage: A 31-Day Devotional to love your husband well.

photo source

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NOTE: The price of these ebooks is currently $0.00, but that could change at any time. Be sure to verify before checking out that it is still free.

Unless otherwise noted, these ebooks are specifically for Kindles, but you can go here to download a free application that enables you to read Kindle ebooks on your PC.

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Wednesday 11 November 2015

Next Week’s Book Club Book Pick: Just Show Up by Kara Tippetts

Just Show Up Book Club Book Pick

Next week, we’re going to start reading through Just Show Up by Kara Tippetts.

I’ve been reading this book the past few days and gleaning so much and I wanted to share my thoughts with you as I thought it might encourage you as it had encouraged me.

If you have a friend who is going through trauma or heartbreak, this book gives very practical and wise advice on how to walk through suffering and hard times while being a blessing, not an annoyance or causing more hurt.

After trying a few different things, I decided to just stick with scoping through books. That’s very doable for me and I can be a lot more consistent and reliable with that than with trying to scope and blog through books at the same time. However, I may throw a post or two up about a book that we’re going through if I have a chance to write one. We’ll see!

So, starting Monday, I’ll be scoping through Just Show Up every weekday morning next week — sharing what I’m learning, how the book is making me think, and how I want to change my life as a result.

If you’d like to join me, you can download the Periscope app and follow me (@MoneySavingMom). I’ll do a quick 3-8 minute scope every morning after my Morning Motivation show and would love for you to tune in live or watch the replay on the Periscope app.

(Note: The links in this post are affiliate links. Read our disclosure policy here.)

Sunday 8 November 2015

CVS: Deals for the week of November 8-15, 2015

Here are the best deals at CVS this week, with a big thanks to Passionate Penny Pincher for her help in compiling them:

Buy 1 Pay Anywhere Credit Card Reader at $9.99, Get $9.99 ECBs (Limit 3) – Monthly Deal
Free after ECBs

Buy 1 Colgate Max Toothpaste at $2.99, Get $2 ECBs (Limit 2)
Use $0.50/1 coupon from the 10/25 SmartSource insert
$0.49 after coupon and ECBs

Buy 1 Softsoap Soap at $1.88, Get $1 ECBs (Limit 1)
$0.88 after ECBs

Buy 2 Tresemme Shampoo at $4, Get $2 ECBs (Limit 1)
Use $2/1 coupon from the 11/1 SmartSource insert
$1 each after coupons and ECBs

Buy 2 Tena Pads at $6.99, Get $2 ECBs (Buy 1, Get 1 50% OFF)
Use $3/1 coupon from the 10/25 SmartSource insert
$1.24 each after coupons and ECBs

Spend $30, Gt $10 ECBs (Limit 1)

*Deal Idea*
Buy 3 Charmin (16 pk) or Bounty (12 pk) – $9.99
Use $0.50/1 coupon from the 11/1 P&G insert
Pay $28.47 out of pocket, Get $10 ECBs
$6.16 each after coupon and ECBs 

Other Deals In Ad

Gold Emblem Bar – $1.49 (Buy 1, Get 1 50% OFF)
Use $1/1 or $2/2 CVS Snack Item printable
$0.12 each after coupon

Palmolive Soap (10 oz) – $0.99
Use $0.25/1 coupon from the 11/8 SmartSource insert
And use $0.25/1 coupon printing from the CVS machine
$0.49 after coupons

Persil Laundry Detergent – $4.99
Use $2/1 printable
And use $1/1 from App download
$1.99 after coupons

New to shopping at CVS? Be sure to check out my CVS 101 post that gives you the full scoop on how to get the best bargains at CVS. See the full list of deals at CVS this week here.

Find

Do you have your shopping trip planned or did you come up with a great deal scenario/idea? Just post about it on your blog and leave your link below. To make it easy for everyone to navigate quickly through the links, your link must link directly to your CVS deals post. Links going to the homepage of your blog or any other part of your blog besides the direct link to your CVS deals post will be deleted.

Starbucks: Buy One, Get One Free Holiday Drinks!

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Woot! Woot!

Starbucks is going to be offering their incredibly popular Buy One, Get One Free Holiday Drinks special from 2 p.m. to 5 p.m. November 12-15, 2015.

This offer includes: Chestnut Praline Lattes, Peppermint Mochas, and Caramel Brulee Lattes.

Thanks, Freebie Shark!