The Millionaire Mind Support Network™

Millionaire Mind Support Network™ members
— this class is worth the trip to Austin

The first step in taming the cobra of  fear, is taming the tiger of paperwork!

Renegade Organizer, Millionaire Mind Intensive Graduate, and well known MONEY MAGNET, Ragen Chastain, is presenting her Easy Paper Management seminar in central Austin this weekend.

As part of the Retire The Debt event series, The Remarkable Women’s Conference is pleased to present The Renegade Organizer. You may have seen her short intro talk at the recent ConnectWorking luncheon. Well, Ragen Chastain is back with her full two hour seminar. Her seminars and books are known for their simplicity, their wit and most of all their effectiveness.

In her Easy Paper Management seminar you’ll learn an astonishingly simple step by step process to get control of paper quickly, easily and permanently. You’ll create a plan tailored to your specific situation. Surprising in its ease and ability to adapt to each individual’s personality and work-style, you can finally get the results you want in a fun and easy way…Seriously!

This is usually a $30.00 seminar. For our Remarkable Women, Ragen is offering a price of $15.00 per person in advance and $20.00 at the door. To register, use the link above.

“Don’t measure busywork. Don’t measure activity. Measure accomplishment. It doesn’t matter what people do as much as it matters what they get done.”

— Larry Winget: professional speaker and bestselling author

What are YOU getting done today?

A recent survey revealed that about a third of most people’s workweek was unproductive. Think about how you spent your last workday. Were you on task, working toward a goal? Or did phone calls, emails, and meetings bog you down? Make a habit to start each day with a focus of what meaningful daily goal you want to accomplish. String together a few weeks, then a few months and a few years like that and you’ll become very successful as a business owner,

Millionaire Minds Start their day with focused intention and close their days with gratitude.

Recommended Millionaire Mind reading: The Power of Focus
by Jack Canfield, Mark Victor Hansen and Less Hewitt

“Management is doing things right,
leadership is doing the right things.

— Peter F. Drucker: was a writer and management consultant

Management takes brains.
Leadership takes brains, guts and heart.

Management moves people.
Leadership moves companies.
Management changes product and price.
Leadership changes minds and attitudes.
Management can come and go.
Leadership is forever.

Recommended Reading for Millionaire Minds

The Definitive Drucker: The Final Word from the Father of Modern Management
By Elizabeth Haas Edersheim, Peter Ferdinand Drucker
Published by McGraw-Hill Professional, 2006
ISBN 0071472339, 9780071472333

The Definitive Drucker captures his visionary management concepts, applies them to the key business risks and opportunities of the coming decades, and imparts Drucker’s views on current business practices, economic changes, and trends-many of which he first predicted decades ago. It also sheds light onto issues such as why so many leaders fail, the fragility of our economic systems, and the new role of the CEO. Drucker’s insights are divided into five main themes that the modern organization needs to, as Drucker would say, “create tomorrow” by Connecting with customers Innovating without abandoning what works Developing lasting partnerships Creating and retaining knowledge workers Establishing disciplined decision making Drucker’s penetrating questions, posed to those seeking his advice, helped business, corporate, and political leaders throughout the 20th century to see their work in a new perspective, and create phenomenal innovation.

The Answer: Grow Any Business, Achieve Financial Freedom and Live an Extraordinary Life, is a book for entrepreneurs and business owners.

Authors John Assaraf and Murray Smith have applied the simple principles they share in The Answer to build 17 successful businesses, some of them from zero to billions in sales and value. If you’ve been looking for “The Answer” to growing your business, achieving financial freedom and living an extraordinary life, you owe it to yourself to check it out. Many of you remember Assaraf as a teacher in ‘The Secret’ and successful serial entrepreneur,

It is by far the best book I have ever read on how to use the law of attraction and the latest breakthroughs in neuroscience to quantum leap the growth of any business.

Get the full story:

http://www.ReadTheAnswer.com/grow.php?jv=44

John and business-growth expert Murray Smith (they’re best friends and business partners) have applied the simple principles they share in “The Answer” to build 17 of their own successful businesses, some of them from zero to billions in sales and value.

Together, they have worked directly with more than 3,500 business owners in 30 countries and have changed the businesses and lives of thousands more.

“This book is a masterpiece! I couldn’t stop reading it. It is by far the best book I have ever read on how to use the law of attraction and the latest breakthroughs in neuroscience to quantum leap the growth of any business. It is now required reading for all my staff and all my Platinum Mastermind students.”

- Jack Canfield, Featured teacher in “The Secret,” co-author of The Success Principles™
and co-creator of the Chicken Soup for the Soul® series

“The Answer’s time-tested principle–that your thoughts affect your destiny–is beautifully stated in Proverbs 23: ‘As man thinketh in his heart, so is he.’ Our brain is like a computer: garbage in, garbage out. This book shows you how to take out the garbage and start living a more fulfilling life.

- Ken Blanchard, co-author of The One Minute Manager® and The One Minute Entrepreneur™

“This book will change the way you look at business and life forever. The Answer is red hot and strikes at the heart of creating true and lasting business success. The true genius of this book is it’s universal relevance and common sense approach to enhancing all areas of business and life. It’s an enlightened read!”

- Ken Foster, CEO - Shared Vision Network, author - Ask and You Will Succeed

“The Answer takes us right to the heart of visionary business leadership, ethical business practices and profitability that goes beyond money to the true wealth of the inner spirit.”

- Michael Bernard Beckwith, founder of Agape International Spiritual Center and author of Inspirations
of the Heart, Forty Day Mind Fast Soul Feast, and A Manifesto of Peace

If you’ve been looking for “The Answer” to growing your business, achieving financial freedom and living an extraordinary life, you owe it to yourself to check it out.
Visit: http://www.ReadTheAnswer.com/grow.php?jv=44

Millionaire Minds are Coachable and Model Rich and Successful People

Business Plan Writing

Part 1

Are you unsure about how to write a business plan? Have you never fully understood what a business plan is and/or how important this crucial business document is?

Enroll in this class and learn how to write a business plan and why business owners need to make their business plans a priority.
Attend two 3-hour evening sessions. At the end, you will have a first draft of your Business Plan, your roadmap toward success!
March 19th
6:00 p.m. to 9:00 p.m.
International Center of Austin, Seminar Room
201 E. 2nd Street
Austin, TX 78701

Target Audience: Start-up Businesses, as well as business owners who have been in business less than three years; entrepreneurs who have never prepared a Business Plan.
Your investment of only $25 per session includes class materials, parking, and light refreshments.
For more information call 459.1181.

Business Plan Writing Part 2

This second session will help the participant finalize his/her Business Plan. Particular emphasis on the Executive Summary, financial data and the inclusion of supporting documents will be taught, all are key components of a good business roadmap. At class completion, you will have a clear understanding of what a Business Plan is.
You will also know how to incorporate the various essential pieces of putting together a quality document.
Target Audience: Start-up businesses as well as business owners who have been in business less than three years; entrepreneurs who have never prepared a Business Plan.
March 20th
6:00 to 9:00 p.m.
International Center of Austin
201 E. 2nd Street
Austin, TX 78701
For more information call 459.1181.

Understanding Alternate Financing
Part 1 & 2

This class will discuss sources of short- and long-term financing other than conventional bank loans, such as:
* Lines of credit
* Suppliers’ agreements
* Factoring
* Community Development Lenders
* Government loan programs

This is a 2-part class that meets 3/25 and 3/27. You must register in advance. No walk-ins will be accepted.
Your investment of $35 includes both sessions, class materials, parking, and continental breakfast. For more information call 974.7800 or visit http://www.cityofaustin.org/sbdp.
March 25th and 27th
6:00 p.m. to 9:00 p.m.
International Center of Austin, Seminar Room
201 E. 2nd Street
Austin, TX 78701

All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

Small Business Check List

These are just some general tips to keep in mind as you design/operate your small business:

1. Take the time out to explore and understand whether or not you are compatible with running your own business. Some people are just plain happier and better off financially on the other end of the paycheck.

2. Get your personal finances in order. Before you jump into the entrepreneurship world, get your own money matters squared away.

3. Pick your niche. Many small business owners succeed in businesses that are hardly unique or innovative. Take stock of your skills, interests, and employment history to select the business that is best suited for you.

4. Benefit from your business plan. The exercise of creating a business plan is what pays the dividends. Answer the tough questions now before the meter starts running.

5. Do not think you need bankers and investors at the outset of your business. The vast majority of small businesses are bootstrapped.

6. Acquire the proper background. In the early months and years of your business, you will have to acquire many skills. Gain the background you need to oversee all facets of your business well, but determine what tasks you should outsource or hire employees.

7. Remember that nothing happens until a sale is made – How many good products go nowhere because they do not reach the shelves? Sales drive your business. You will need a good marketing plan to sell your product or service.

8. You have to see a customer to know one. No matter how busy you are, spend at least 25% of your time with customers. You cannot make the proper business decision without understanding their viewpoint.

9. Solve your customers’ problems. The best way to satisfy your customers is not by selling them products but by giving solutions to their problems. There is a big difference.

10. Quality takes minutes to lose but years to regain. Quality is not a destination; it is a never-ending journey. After you have strayed from quality’s path, your journey maybe sidetracked forever.

11. Put profitability first, rewards seconds. In small businesses, profitability must come first. Find out how to measure your cash flow and understand key financial ratios.

12. Hire supporters. If you intend to create a growing business, your number one duty is to assemble a great team of employees.

13. Do not do it alone. Find such help from small business peers, a mentor, even trade associations. They can help take some of the trial and error of beginning your business.

14. Vendors are partners too! Treat your vendors like customers and watch your partnership grow.

15. Make use of benefits. Understand how to provide insurance and other benefits for your employees and cut your tax bill at the same time.

16. Ignore regulatory issues at your peril. Federal, state, and local governments require licenses, registrations, and permits. Obey them or face losing your business.

17. Know the tax laws. Invest in understanding tax issues that affect your small business.

18. It’s the people! Whatever happens to a small business happens at the hands of the people who work for it. The evolution of the business is a result of their efforts.

19. Fast, good, cheap. Pick any two. Serious trouble awaits those who attempt to be all three in the market place. Stick with what you do best.

20. Develop a passion for learning. As your business grows, you need to change and grow along with it. The common denominator of all successful entrepreneurs is a commitment to life-long learning.

“You can always earn more, because you can always LEARN more.”

– T. Harv Eker

Copyright © Millionaire Minds, LLC 2008
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

City of Austin, Small Business Development Program Class Schedule

Debt Management

Most small businesses will eventually need to borrow money. Small businesses typically
incur debts to cover start-up costs, provide working capital, or purchase materials
and equipment. A small business owner must know how to manage debt effectively if
their business is to survive and grow. This training class will teach you the concepts
behind debt management, as well as techniques that a small business owner can use
to analyze and manage debt.
You must register in advance. No walk-ins accepted.

January 23, 2008
9:00 a.m. - 11:00 a.m.
International Center of Austin
201 E. 2nd Street
Austin, TX 78701
Your investment of $25 includes class materials, parking, and continental breakfast.
For more information call 974.7800 or visit http://www.cityofaustin.org/sbdp

Understanding How Governments Buy Services

This half-day workshop is designed to empower small business owners with information regarding winning government contracts. All public agencies, from local school districts to large federal departments, must formally procure products and services. All are required to purchase services and products from small businesses.

If you are interested in growing your business - but feel overwhelmed by “government red tape” - this workshop will help you to see that selling to government agencies may be easier than you think! This workshop is designed to help business owners understand what the government is buying and how to navigate the procurement process.

January 24, 2008
8:30 a.m. - 12:30 p.m.
Clarion Inn & Suites
2200 South IH-35
Austin, TX 78704

Your investment of $50 includes class materials, parking, and a light breakfast.
For more information call 974.7800 or visit http://www.cityofaustin.org/sbdp (see calendar of events).

Business Structure

Many factors must be considered when choosing the best form or structure of business ownership. The choice you make can have an impact on multiple aspects of your business including: taxes, liability, ownership succession, and others. It is not a decision to be entered into lightly, or one that should be made without sound counsel from business experts. In this session, you will get an in-depth analysis of each type of entity, and have an opportunity to have your questions answered. The session will be taught by a local attorney through our partnership with the Lawyer Referral Service of Central Texas.

January 31, 2008
9:00 a.m. to 12:00 p.m.
International Center of Austin
201 East 2nd Street
Austin, TX 78701

Your investment of $30 includes parking, class materials, and light breakfast.
For more information call 974.7800 or visit http://www.cityofaustin.org/sbdp (see calendar of events).

Copyright © Millionaire Minds, LLC 2008
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

The Austin Small Business Development Center is Offering the Following Programs

For more information:
Call 512.459.1181, ext. 205.
stacey.mason@ci.austin.tx.us
City of Austin, Small Business Development Program
One Texas Center
505 Barton Springs Road
Austin TX 78704

For information concerning business classes and support services in your specific area, go to http://www.sba.gov and click on local resources to find whats available from the SBA offices to nearest you.
All SBDC locations offer classes, and other business support services.
To find the nearest SBDC office:
http://www.sba.gov/aboutsba/sbaprograms/sbdc/sbdclocator/SBDC_LOCATOR.html

TEXAS SBCD Resources

Texas-Houston SBDC
Mr. Mike Young, Executive Director
UNIVERSITY OF HOUSTON
2302 Fannin, Suite 200
Houston, TX 77002
Phone: 713-752-8444
Fax: 713-756-1500
E-mail: fyoung@uh.edu
Website: http://sbdcnetwork.uh.edu

Texas-North SBDC
Ms. Liz Klimback, Region Director
DALLAS COUNTY COMMUNITY COLLEGE
1402 Corinth Street, Suite 2111
Dallas, TX 75215
Phone: 214-860-5835
Fax: 214-860-5813
E-mail: emk9402@dcccd.edu
Website: http://www.ntsbdc.org

Texas-NW SBDC
Mr. Craig Bean, Regional Director
TEXAS TECH UNIVERSITY
2579 South Loop 289, Suite 114
Lubbock, TX 79423-1637
Phone: 806-745-3973
Fax: 806-745-6207
E-mail: c.bean@nwtsbdc.org
Website: http://www.nwtsbdc.org

Texas-South-West Texas Border SBDC Network
Mr. Al Salgado, Region Director
UNIVERSITY OF TEXAS – SAN ANTONIO
501 West Durango Boulevard
San Antonio, TX 78207-4415
Phone: 210-458-2450
Fax: 210-458-2425
E-mail: ied@utsa.edu
Website: http://www.txsbdc.org

Millionaire Minds are excellent money managersand LIFE LONG LEARNERS!

H. Sandra Chevalier-Batik
Serendal Research Insitute, LLC

Wealth File #17

Rich people constantly learn and grow.

Poor people think they already know.

The City of Austin brings you…Upcoming Classes

Understanding Alternate Financing
Part 1 & 2

Registration
This class will discuss sources of short and long-term financing other than conventional
bank loans, such as:
* Lines of credit
* Supplier’s agreements
* Factoring
* Community Development Lenders
* Government loan programs

This is a 2-part class that meets 11/27 and 11/29. You must register in advance.
No walk-ins will be accepted.

Your investment of $35 includes both sessions, class materials, parking, and continental
breakfast. For more information call 974.7800 or visit www.cityofaustin.org/sbdp.
November 27, 2007
9 a.m. to 12 p.m.
International Center of Austin, Seminar Room
201 E. 2nd Street
Austin, TX 78701

Introduction Cashflow Management & Revenue Forecasting

Registration

This introductory course is designed for prospective and new business owners who have not been exposed to business financial concepts.
Your investment of $25 includes class materials, parking, and light refreshments.
For more information call 974.1181, ext. 205 or visit our www.cityofaustin.org/sbdp.
November 27, 2007
6 p.m. to 9 p.m.
International Center of Austin, Seminar Room
201 E. 2nd Street
Austin, TX 78701

Advanced Marketing

Registration

This course level is designed for seasoned business owners, generally five to ten years. They have generally mastered basic business concepts. These entrepreneurs are looking to expand their business presence or address complex business practices. They involve a more comprehensive or in-depth understanding of some business concepts
in specialized business areas.
Your investment of $25 includes class materials, parking, and light refreshments.
For more information call 459.1181, ext. 205 or visit www.cityofaustin.org/sbdp.
November 29, 2007
6 p.m. to 9 p.m.
International Center of Austin, Seminar Room
201 E. 2nd Street
Austin, TX 78701

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

The Power of Delegating

It is quite liberating once you really do let go and put your trust in other people. The key here is to identify good people, enlist them in your cause or business, give them the ball, and then allow them to run with it. Only you will determine if the ball gets dropped. You must manage and oversee the game on a consistent basis. You must give the right ball to the best possible player.

For example, you would not hire a person with an associate’s degree in accounting to do the job of a CPA. Likewise, a CPA needs certain facts to achieve the task of budgeting and forecasting cash flow for your business. You need to supply him with the necessary information to get the job done. You must understand the process and know what you need the outcome to be. You must also communicate these objectives clearly and monitor the progress. Set meeting times for updates and a time line for completion. Review the process and progress frequently. The same applies to the newsletter example mentioned above. As with everything, there are risks associated with delegating.

Do not over-delegate.

Excessive delegating can lead to disaster. Overburdening others and excessively monitoring others progress are habits of an excessive delegator. A complete hands off approach will not do, either. Not being a CPA is no excuse for not understanding the budget of your company. You must understand how the budget works and why and be accountable for it. You must also be able to communicate this information to your board of directors, shareholders, creditors, and depending on your business, even your customers. Most important, you must understand how the critical pieces of your business fit together to form the whole so you can make sound and effective business decisions. Should you not understand these processes, you run the risk of losing control. Losing control has a domino effect. When the quality of goods and services becomes compromised, customer satisfaction quickly falls.

One last note:

It is nice to want to do all the work yourself. For one thing, on the surface, it appears that it will save you money. However, time is also money and your time is valuable. If you can not pay cash, try to negotiate a fee or a share of future profits … or my own personal favorite, barter. Just do not try to do it all alone!

Source: Used With Permission, Business Wealth, © 2004 BusinessWealth

Copyright © Millionaire Minds, LLC 2007
All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!