Thank you to the Breezy Mama!

We were recently in touch with a divine blogger, the Breezy Mama. She gave a great review of TEW that we’d like to share here:

http://thebreezymama.com/monetize-your-blog/

 

Or read the text:

Book Review: The Entrepreneur Within You by Julie M. Holloway

Written by Amy Boyington on November 14, 2013 Leave a Comment

 

The Entrepreneur Within You is an inspirational guide to harnessing your entrepreneurial skills and taking full advantage of them. Author and entrepreneur Julie M. Holloway is a designer and marketer who took it upon herself to quit her less-than-empowering job to become her own successful boss. The Entrepreneur Within You is full of business and practical advice to allow you to do the same.

 

Holloway begins the book by telling about her decision to quit her job and the inspirational conversations that followed her decision. As a full-time employee turned stay-at-home mom and blogger, I could completely relate to her story and a lot of what she said resonated with me. Every once in awhile, there comes a time when you just have to follow your gut and make the best decision for you. In doing so, Holloway discovered that she was ready to embark on a whole new chapter in her life: becoming her own boss and running a successful business she created.

 

Holloway reviews her own job performance as an entrepreneur on the 1st, 30th, 60th, and 90th days of her beginning her business. Her review of herself not only provides pointers to others who wish to become successful with their own businesses, but also provides inspiration – it really can be done! Other topics Holloway and her “TEW Crew” cover include:

 

The power struggle and defining yourself as “the boss”

Overcoming obstacles in entrepreneurship

The effects of procrastination on a successful business

…and more!

 

The Entrepreneur Within You is very comprehensive and organized well. I appreciate that it has the viewpoints of several entrepreneurs to make it a well-rounded, insightful, empowering book. You can purchase your own copy of The Entrepreneur Within You from theentrepreneurwithin.org for $16.

Connect:

 

The Entrepreneur Within You Website | Facebook | Twitter | YouTube

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Guest Post: Protect Your Business: Avoid 5 Costly Accounting Mistakes

In 2012, an accounting error that went unnoticed for four years cost the Mohegan Sun casino $1.5 million dollars, the Hartford Business Journal reported. While the average small business accounting error won’t be that expensive, you gain more than peace of mind by keeping your books in order. Due to errors, you might might overpay expenses, as the Connecticut casino did. While Mohegan Sun is set to be reimbursed more than $360,000 by the State of Connecticut, it won’t be so easy to get overpayments back from clients. Hedge your bets by watching for these five accounting errors.

1. Not keeping invoices organized – If you need to look through stacks of paperwork to find out whether that contractor paid up, you’re not organized. An invoice tracking procedure ensures you quickly see who owes you money, how much they owe and when the invoice is due. This way, you can follow up on past due invoices faster and keep track of income and expenses. For a low-cost invoice management solution, try either a paper-based file system on your desktop, or the free Invoice Tracker template for Excel.

2. Waiting until tax time to reconcile the books – Many people put off reconciliation because it can be time consuming; however, if you wait until tax time to reconcile the books, you might make miscalculations and not have sufficient time to dig deep into what happened. Set aside a dedicated time each week to reconcile bank statements and check any tax obligations. Come tax season, most of your records will already be organized.

3. Miscalculating tax withholding – For salaried and hourly employees, mistakes in federal income tax, state income tax, Medicare or Social Security withholding can lead to inaccurate tax payments or IRS penalties. Save time and ensure consistent accuracy by using a paycheck calculator, suggests Intuit. Enter the hours worked and the rate (or salaried information) into the template, select the appropriate amount of withholding based on the employee’s tax forms and hit the “Calculate” button.

4. Not keeping business receipts – It’s easy to mistake a business receipt in your wallet for a personal receipt and toss it in the garbage can. However, this makes it challenging to reconcile books and report income and expenses on your taxes. Cultivate a habit of saving every single business receipt by keeping a separate envelope in your car and your bag. Each time you purchase something for business, put the receipt in the special envelope. Periodically clean out the envelope and file the receipts.

5. Misclassified expenses – When you’re in a hurry, it’s easy to quickly select a category for a given expense or skip classifying the expense altogether. However, this can lead to false reporting. If someone isn’t paying close attention to reported expenses, you can inaccurately forecast trends and make poor business decisions. Regularly look over expenses to see whether something looks amiss.

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dreamBIG #entrepreneur
Nov06

dreamBIG #entrepreneur

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Dreams are real.

Pay attention.

Write them down.

Speak them.

Create them.

Execute them.

+ + +

Entrepreneurship begins with dreams. We get new ideas through the generation and mutations of random thought. Some of these may be rejected by our minds as useless, while others may be seen as valuable and are retained.

It is these ideas we consider valuable that causes our minds to generate reasonable grounds for belief, which in turn stirs the exceptional intellect or creative powers that reside with in each one of us.

KEY TAKEAWAY:

Dreams are More Important than Age to Entrepreneurs

Remember the traits of the entrepreneur I discussed earlier? None of them mentioned age. That’s because anyone has the ability to start a business and become an entrepreneur. But not everyone has the burning desire to try and accomplish the dreams that are filling their minds with hope and excitement. You can do it!

Entrepreneurial dreams do come true for those who take action and are willing to learn from their mistakes!

 

This article was #confirmation tonight as we push forward in our dreams! 

This one of our favorite articles:

http://homebusiness.about.com/od/inspirationmotivation/a/entrepreneurs.htm

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