Eric Tippetts

The 5 Biggest Challenges Entrepreneurs Must Overcome

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Every person I know has some challenges but it seems entrepreneurs have more than their fair share.

So if you are entering the entrepreneur “jungle,” I want to help prepare you. Here are the 5 biggest challenges entrepreneurs must overcome.

Challenges Entrepreneurs Must Overcome #1: Cash Flow

I would rate this as the top challenge entrepreneurs face. It is imperative that you pay the bills as well as pay yourself. But when invoices are paid late. It can cause chaos in your system.

There are 2 things I am sure can help you overcome this challenge.

  • The Expense Tracker is an app we developed that can help you keep track of all money going in and out. It is also quite beneficial when tax time rolls around.
  • Find Your Side Hustle.  In today’s world, there are so many ways to discover ways to make extra money.  The key is not getting overwhelmed and hurting your main source of income.  I have found that with my daughter going to college and downsizing our lives.  There is so many items you can put up for sale on simple apps that bring the buyers to you.

Challenges Entrepreneurs Must Overcome #2: Marketing Strategies And Techniques

Even entrepreneurs who have marketing degrees can find this challenging. From determining your target market to knowing where to invest in campaigns, many entrepreneurs have thrown money away with little or no return on investment.

One of the best ways to overcome this challenge is to research and find people who have successfully marketed a business similar to yours.

Ask for testimonials and proof of successful campaigns.

Challenges Entrepreneurs Must Overcome #3: Doing It Part Time

I completely understand why an entrepreneur would keep their day job when first starting their business. But with that comes less sleep and little play. It is not only a challenge for the entrepreneur, but also for his/her family.

The best way to overcome this challenge is to find a tribe of people who will handle many of the daily tasks. They could be partners, employees or freelancers. Just make sure their vision is aligned with your vision.

Challenges Entrepreneurs Must Overcome #4: Meaning

meaning

At some point in time, many entrepreneurs have a “flash” that says, “Is this all there is?” What is the meaning.

If you started the business with a bigger purpose than just money, that flash will be easily answered. But if you started the business just for money, you will have chaos running through your brain.

So, I suggest you “nip this in the bud early.” Have a higher purpose for what you are doing. Find meaning in your business and this challenge will be overcome before it is a challenge.

Challenges Entrepreneurs Must Overcome #5: Time Management

Along with #1, this is also one of the biggest challenges entrepreneurs face. If only there were 4 more hours of each day…

But their isn’t, so we have to properly manage the hours we have. It isn’t easy, but it is do-able.

  • You need to take time and make out a list of goals… Long-term goals that are broken down to yearly goals. Your annual goals need to be broke down to monthly goals, then weekly goals and daily goals. Now you need to determine daily tasks to meet your weekly goals. So your task list is in perfect line with your goals.
  • If any tasks you are currently doing do not align with your goals, get rid of them.
  • If possible, delegate tasks.
  • Always question if what you are doing is the best use of your time.

Conclusion

Challenges help us grow. So embrace the challenges and use these tips to overcome them.

I hope this helps you.

If you have any questions, just comment with them and I will get you an answer.

Thank you…

To The Top!

eric tippets

Staying Positive: Habits, Exercises & Tips

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Do you find yourself thinking negative thoughts at times? It isn’t always easy staying positive. When Murphy’s Law is working to perfection, I have watched highly positive people dive into a negative abyss.

But that negative side does no good. There is no benefit in it. So staying positive should be a priority for all of us.

Staying positive does require some work. It is not always a natural reaction. To help you, I am going to provide you with various tips, habits and exercises to help you stay positive even in the midst of a negative environment.

Staying Positive Habit #1: Grateful Morning

Each morning immediately upon waking up, name 5 to 10 things you are grateful for. Same them aloud to yourself. This is a great daily habit to keep your attitude in a positive state throughout the day.

Staying Positive Habit #2: Speak Affirmations

As you go through your day, just speak positive affirmations to yourself every once in awhile. Pick 2-3 affirmations that fit your current state.

  1. “I will be better every day!”
  2. “I am going to exceed my goals!”
  3. “Life is wonderful!”

Those are just 3 examples.

Staying Positive Tip #3: Realize

One of the keys to staying positive is realizing that positive thoughts and actions come from an internal source and not an external one.

Being positive is a choice and the sooner you realize that it is a choice, the better.

Staying Positive Exercise #4: Stay Active

People who are active don’t have time to be negative. As a matter of fact, being active is positive in itself. When you are active, you are trying to reach a goal. The only way to reach a goal is through positive forces.

Idleness can lead to negative thoughts, so don’t be idle.

Staying Positive Tip #5: Proper Sleep

Experts all agree that improper sleep patterns lead to negative thoughts and actions.

It is wise to get 7 to 8 hours of good sleep every night. Make sure that your sleeping area is comfortable with little noise and light, a good mattress and pillow.

Good sleep patterns lead to a less stressful and more positive life.

Staying Positive Tip #6: Erase Negative Forces

Sometimes we put ourselves in a negative environment when we could have chosen a positive environment.

Let’s look at some choices that could be made that would erase some negative forces:

  • Read the negative news every morning – Read a chapter out of The Power of Positive Thinking each morning
  • Attend a political “slug-fest” – Go to a network marketing motivational event

Those are just a couple of examples, but who we associate with and where we go can help determine our state of attitude.

Staying Positive Exercise #7: Help Other People

It is quite impossible to be negative when you are helping other people. As an entrepreneur, you are a problem solver. Help people by solving their problems. Be the positive force in their negative atmosphere.

Staying Positive Tip #8: Respond With Only Positives

It may be difficult at first, but learn to always respond with positive words or nothing at all.

Learn to find something positive to say in response to even the negative comments that people will say.

“All this rain… This weather sucks.” Response “The plants and trees will bloom nicely this year.”

“The government is raising taxes again. I hate taxes.” Response “Business has been great. It seems people are still spending money.”

In time, those people that are spewing negative comments will realize that you are going to respond with positives. Hopefully, your positive attitude will rub off on them.

Staying Positive Habit #9: Do What You Love

There will be tasks we do not care for that must be done. I suggest you try to delegate or outsource those tasks as much as possible.

Stick with your passions. Make sure that your days are full of doing things you love to do. If you love doing it, it really isn’t work is it?

Make sure and spend time with your loved ones and find ways to have fun on a consistent basis.

Staying Positive IS A Choice!

You have the power every minute of every day to decide if you will be positive or negative. Do not allow situations to have control over your attitude.

I made this video some time ago and it falls right in place with today’s post. So, learn the power of positive words.

I know that a positive outlook leads to a successful life.

So with that, I recommend that you get the FREE Training Course: 7 Days of Unstoppable Motivation. This video series will take you down that path that will lead you To The Top.

Hey, do you have any questions or feedback about today’s post? Just leave them in the comment section below.

Thank you for stopping by and may your business and life take you

To The Top!

eric tippets

Two Of The Biggest Dream Stealers

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What’s up everybody this is Eric Tippetts, and today I have an incredible insight for you about two of the biggest dream stealers for families, for entrepreneurs, and I want to share it with you today.

[Read more…] about Two Of The Biggest Dream Stealers

How to Take Control of Your Life in 2022 And Create a Positive Change

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How to Take Control of Your Life in 2022 And Create a Positive Change

Do you feel like your life has taken a direction that you don’t want it to go?  Do you think that there is nothing you can do about it and that your best shot is to flow with the current?

Well, that should no longer be the case in 2022. This is the year to take charge. It is the perfect time to say NO to everything that makes you feel helpless. You have the power to control your life and realize your potential!

You can be that positive change that you so badly want.

Set your goals right

It all begins with the goals. If you get them wrong, you are sure to proceed on a path you do not want.

Goals can help you control your life by creating a visual view of how you would look like at the end of it all. Furthermore, they help you clarify what you want in life and the overall target.

When you set goals, you give yourself the chance to make the most of the things within your influence. These include factors like attention, time, money, and so on. Carefully exploring these resources can help you live the kind of life you want.

Remain dedicated and confront convention

When Jeffrey decided to ride across America from New York to California on Citi Bike, many of his friends and family members thought he was crazy. They tried to talk him down. How could he do it? Hasn’t he thought about the muscle pool?

Despite all the negativity thrown at him, he still did it. Why? Because that’s what he wanted and was ready to achieve it, even if that meant breaking from the norm.

Look at how happy he is. He wouldn’t be if he listened to all the naysayers.

When you want to do something, you should be ready to confront a particular convention. Your dedication will help you in that regard.

Selectively choose whom to associate with

Your environment dictates who you are, including your friends and the people with whom you interact. It does not take so long before you take in their emotions and for your brain to synchronize how they go about their days.

To control your life, you need to disassociate from negative people. Be careful not to land within a specific mindset influenced by their ways of reasoning.

Selectively choosing whom to interact with does not involve only your physical environment. Examine your online activities, as well. Are they pressuring you to do things in a certain way? If that’s the case, immediately create a boundary.

Remain open to new lessons

Taking control of your life also requires you to grow. No growth happens without learning. For this reason, you need an open mindset that willingly takes on transformative challenges.

Do not turn down an opportunity just because it seems too challenging. Instead, evaluate it based on whether it is worth spending some time acquiring the relevant skills. By doing so, you will learn something new that would not have been possible.

Create a regular sleeping pattern

The lack of sufficient sleep can easily make you feel off and less in control of how your day goes. You may find yourself wasting a lot of productive time as you fantasize about how long you have to wait before going to bed. In the long run, you may find it hard to achieve your various life goals.

To prevent that from happening, get in the habit of sleeping at a regular time. Whereas striking the average 8 hours may prove challenging considering the busy schedules we all have, ensure that you do not sleep under 5 hours.

Final thought

Life is about perspective.  The challenge is our phone’s are filled with social media apps that continually compare us with each other and someone’s “perfect” filtered life.

One question I ask myself each day is…..”Am I better today than yesterday in one area of my life?”  This way, I focus on my life journey and growth.

Dream Big.  Start Small.  The key is starting with small steps each day towards things that fulfill you.

Much Love,

Eric Tippetts

TikTok Ideas: How to Get Your Brand Seen on Social Media

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TikTok Ideas: How to Get Your Brand Seen on Social Media

Social media marketing has become the most effective marketing strategy today, mainly because it appeals to a larger audience. Moreover, they decide which products or services to choose through the internet. That being said, TikTok is rising as the chief application for social media marketing and influencer marketing. However, many are dumbfounded when it comes to promoting their brand through it.

Ways to Promote your Brand using TikTok:

Here are some ways you can promote your brand through TikTok:

Collaborate with TikTok Celebs and Influencers

Probably the most common strategy used by brands is to make use of influencer marketing. All you need to do is give them one of your products and the cash they demand, and then they will promote your brand in their next TikTok videos. You could also sponsor a high budget video for them, the one they cannot afford to make by themselves.

This strategy is effective because people are really enticed by the products that have been promoted by celebrities or influencers. There’s just basic science and psychology behind it, nothing complex. Moreover, the type of influencer you choose depends on your budget.

Ensure that your Content is Interesting

We cannot stress this point enough. Your content matters, and the only way you will get followers on TikTok and have your posts shared is if your content is liked and appreciated by your audience. However, note that being “funny” is not the only way to be interesting on TikTok. While comedy has a big place on TikTok, people are enthralled by any content as long as it is good, even emotional, or informative.

This is one of the most effective methods, though the results here are often not immediate. You have to be patient and continue with your good content. Your product will be promoted automatically.

Understand how TikTok’s Algorithm works

One of the key aspects of social media marketing is understanding how the app works. By understanding the algorithm, we have to see how posts reach others better and how the audience reacts to an advertisement, including the options they have to manipulate or customize their feed.

For instance, on TikTok, the posts you get is according to your region. Even if you follow people from other regions and mute posts within your, it is less likely that your feed will change. This is only but one example of TikTok’s algorithm. You can introspect deeper into it to take advantage of it.

Share your TikTok Content on other Social Media Platforms

You may have seen TikTok videos and memes being shared on other applications like Instagram or Facebook. You can make use of it since it has a lot of benefits for you.

Benefits of Sharing on Instagram:

The benefits of sharing your TikTok content on Instagram is:

  • All meme related Instagram handles would share your content without any demand from you.
  • Your content will start coming under the search bar of Instagram of other users.
  • Masses of people on Instagram will see your handle and follow you on TikTok.
  • You will get easy followers if you happen to make your account on TikTok too.

Benefits of Sharing on Facebook:

The benefits of sharing your TikTok content on Facebook is:

  • You will become the center of attention for many people.
  • Your content may be shared like wildfire, given the nature of Facebook.
  • You will not have to spend your money on promoting yourself on Facebook.
  • People will readily buy your products if you use ecommerce.

Take Advantage of Hashtags:

On any social media application, Hashtag is a way to connect people who do not follow each other but are interested in the same thing or the same trend. Here are two important domains of it:

Join Famous Tags out there:

Some hashtags are what you have to follow. They become famous trends through other TikTok users or something really noteworthy in the world. If you contribute to this hashtag, you will notice that your engagement will significantly increase. That’s because many others are following this hashtag and looking at all posts related to it. Though, make sure your content is not utterly irrelevant to the hashtag. It leaves off a terrible impression.

Initiate Tags that have the Potential to be Famous

You can generate hashtags of your own in a way that promotes your brand, but at the same time is something others can relate with. This will give you a perfect boost, though the probability of a hashtag becoming successful is quite less.

Become a Part of TikTok Challenges

Users on TikTok always come up with new and interesting challenges via the hashtags we discussed above. If you partake in those challenges, you will be well integrated within the TikTok community. This, in turn, will slowly but steadily increase your followers and get your potential customers to you. It’s as simple as this: the more you are involved in those challenges, the better off you are on TikTok.

Announce your business benefits with people on TikTok:

You should have the capacity to communicate with others on TikTok. That is, your posts should be entertaining to others, but at the same time, they should make them aware of your brand or your services. As a result, they will come to entertain themselves with your posts, but at the same time, they will return with the wish to buy your products or make use of your services.

Private messaging service can also be used on TikTok to communicate with your fellow users on that application. This form of personal contact will increase the probability of your success.

Final Thoughts

Considering the nature of social media right now, promotion on TikTok may prove to be most profitable for you. However, this largely depends on the very nature of things you are promoting. Some marketing may work very well on TikTok, while other types may require other social media

Most of all…..HAVE FUN!!

Much Love,

Eric Tippetts

The Four Concepts of Follow-Up

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Follow-Up is a concept sometimes forgotten in the whole recruitment process. Many people make the mistake of believing the purpose of the first meeting with a prospect is to get them to sign up.

Wrong!

It’s something I’ve seen many times, especially in the early stages for people. Network Marketers often make the mistake of thinking that they have to sign up a prospect at the end of the first meeting. But 9 times out of 10, a prospect won’t sign up after just one exposure. It takes time to educate prospects so that they fully understand the opportunity. And that is why the follow-up is so important. Today, I want to expand on that with a little something I call:

The Four Concepts of Follow-Up

You can have an endless list of prospects and give the best presentations, but if you don’t follow-up with your prospects, you won’t sign anyone up. You have to keep the relationship and the conversation going. Only then will you be able to help your prospects come to a decision.

So, here are 4 tips for following up:

#1 Do What You Said You Would

At the end of your first meeting with the prospect, you should have set up a specific time to get back in contact with them, whether it was a phone call or another meeting. So, if you said you’d call them at a certain time, call them. If you said you’d meet them somewhere, go meet them. If you said you’d set up a three-way call with another leader, make sure you have it set up.

This is just a professional courtesy. When you say you’re going to do something, do it. Your prospects will respect you more if you do.

#2 Set Up Exposure After Exposure

Following up is really just another exposure, and exposures are what help prospects make their decision. The more exposures, the more you are helping them reach that decision. So, when you follow-up, it is essential that you set up the next exposure.

My business took a huge turn for the better when I changed my mindset from “getting” the prospect on the first exposure to just keeping the process going by setting up the next follow-up exposure, then the next and the next, until the prospect comes to a decision.

Remember, your job is to educate your prospects about your opportunity and help them come to a decision. Most often, that will require multiple exposures, and so you need to always set up the next exposure. Otherwise, you run the risk of never getting back with that prospect and having that opportunity drop away.

#3 It Will Take Multiple Exposures

Again, it will most likely take several exposures before a prospect comes to a decision. In fact, it can take an average of 4 to 6 exposures for the average prospect to join. So, following up is not just something you will do once with each prospect.

Be patient as you meet with your prospect several times to talk about your opportunity. Everyone is different, and so they come to decisions at different rates. Don’t get discouraged when it takes one prospect longer to understand your opportunity than another.

Just keep holding exposure after exposure. Keep talking with them about your product and opportunity. Talk about why you decided to join. Tell stories of lives that have been changed. Answer their questions about compensation plans, the company, the product, and anything else. Address their objections and concerns. But most importantly, foster the relationship with them.

Don’t just treat your prospects as someone to get into your business. Treat them as a friend. Ask them about their family and lives. Get to know them. All of your interactions with your prospects don’t have to be exposures where you talk about the opportunity. Invite them over for dinner or get your families together for a day at the amusement park. Be their friend, and they will respect you and listen about your opportunity more.

#4 Condense Time Between Exposures

While it will take time for your prospects to make a decision, too much time between exposures can actually do more damage than good. Life has a way of being distracting. If a month passes between exposures, more than likely your prospect hasn’t been thinking about your opportunity. They may have even forgotten a lot of what you talked about. Each exposure becomes like the first one then.

So, set up the exposures close together. Have a meeting, three-way call, and show them a video all in a week or two. Use whatever combination of exposures your company uses. But do them quickly. This will keep your opportunity on your prospect’s mind, and they will have a chance to really think about it.

@ERICTIPPETTS

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