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On September 10th, 2015 by admin

Know Your Worth

Posted In:
entrepreneur

When I first started Yodel Networking, I had recently graduated college and Facebook had launched "pages" for businesses. Although I started on my own, I (thankfully) had wonderful people who helped me create a logo, set up my LLC, give me financial advice and more. For those people (you know who you are), I am forever grateful.

When anyone starts something new, they have little experience and are just getting their feet wet. When I signed on my first clients, I wasn't sure what to do for billing, contracts or price points. However, I quickly learned.

1. Make sure your contracts are clear- At first I went with the flow. That can be great but it didn't serve me well as a business owner. For my company, it has helped me to have a three month initial contract which moves into month-to-month after that with a 30-day cancellation. This my not work for your business but my advice is to find what's right for your company and stick with it. Get ready for push back but stand firm. This is your company and business!

2. Bill in advance- Whenever possible, I bill at the beginning of the month. That way, the client has a few weeks to pay until late fee's kick in. That also helps me to know that before I put in many hours, I will be getting compensated. Unfortunately, I learned this the hard way. In the beginning of my career I had a client who did not pay me and I had to pay my employee out of my pocket. Lesson learned!

3. Ask for what you want- Your time is valuable. The longer I have been in the social media world, the more my knowledge, experience and expertise have grown. My rates started lower and have grown due to those previous factors. I've had many conversations where people ask my for a list of things they want, only to find out they have a very small budget. In the past, I would compromise, now I stand firm with my prices. Yes, there is wiggle room depending on the company, hours and services they are asking for but if you ask for Facebook, Twitter, Instagram and Pinterest with a budget of $100, I'll just put it plainly "that ain't gonna happen!"

Hopefully these tips help you with knowing your worth and standing firm with your business. Please feel free to chime in with ideas for future blogs or comment on this one!

On August 26th, 2015 by admin

Three tips on living the entrepreneur life

Posted In:
entrepreneur

Let's get one thing straight, being an entrepreneur can be tough! There are days that are hard, lonely, confusing and downright frustrating. On the other hand, there are times that all the hard work pays off and it makes complete sense why you are doing what you are doing. Here are three things I wish I did (or did more of) with my career:

  1. Get a mentor: When I started Yodel Networking almost six years ago, I had wonderful people give me tips, advice and help. However, I didn't and still don't have a mentor. The funny thing is, I have a mentor in other area's in my life but not work related. It's something I feel is very helpful to be successful. I say it all the time "I only know, what I know" meaning, I am the one educating myself and I need to learn and grow with others.
  2. Set up strategy meetings: Recently, I had a strategy meeting with a new client. Sitting in a room for three hours coming up with a plan for their business, was a highlight of my week. Since I work remotely, it helped me get excited about fresh new ideas with a group and not just alone. It also gave me some face-to-face time I was in dire need of. This is something I hope to do more of in the near future.
  3. Know when to work and when to play: I'm an early riser. It's easy for me to get stuff done in the wee hours of the morning. After I spend some time setting up social media posts, going through emails, etc. I take a break to clear my head. That usually consists of doing some physical activity. Working remotely can be hard because many different things are calling your name: chores, people, activities, etc. Sometimes it's easy to prioritize, other times, it's not. Some idea's: use a planner to outline tasks, turn off your phone or leave it in the other room so you don't get distracted or try a new workspace outside of your house.

Hopefully these tips and ideas will help you to stretch your thoughts on what it is like to be an entrepreneur and help you grow. As always, please feel free to reach out to me or comment if you have questions. 11898603_942492279143256_6980199615020545878_n

 

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