Syliva is an author and financial wiz for small businesses. She shares her story about how she created her dream job.
Sylvia shares ways to make more money as a small business owner
- Increase the number of clients (this one is the most common but also results in you working every night until midnight)
- Rasing the average order value, VistaPrint is really good at this
- Some examples of add ons for service products are
- private coaching
- photos of events for portraits
- Decreasing your costs (all the little subscriptions add up, maybe there is one tool that can replace a lot of those little one-offs)
We discussed the power of outsourcing. The mindset issues you need to overcome to start outsourcing. In the early phases of her business, Sarah mentioned how frustrated she was with people saying you should outsource when she thought “I don’t have the money to pay to outsource!” We discussed the possibility of hiring on a specific project on Upwork to get started instead of having to bring on an employee.
We also talked about the importance of planning special days. This is another form of self-care. It is important to carve out time to do self-care days. Sylvia tries to do a self-care day once a week because as entrepreneurs the weeks can blur together.
The Girls Who Do Stuff talk about how to handle mommy-guilt and managing time as a business owner. The guilt can be strong and we need to give ourselves some grace. We discuss batch processes versus just working when free-time is available in your schedule.
“If you theme your days and batch your work, it’s a lot more efficient that way. And it opens up the door for you to have self-care days or maybe creative days, right? Cause if you’re bouncing between so many meetings and. Networking meetings or whatever it is, then all of a sudden you don’t have that time bandwidth to do creative work because you’re constantly interrupted.” – Sylvia
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