Chill & Prosper with Denise Duffield-Thomas

Do I really need a business plan?

Having a business plan is one of those important prerequisites for starting a business that they teach in business school - Right? 

 

But do you really need one? What's the best way to do a business plan? Is there a Chill and Prosper way?

 

As someone who was never really good at assignments, writing a business plan always felt like boring homework. Plus, my ADHD and procrastination meant I never got around to it. 

 

Maybe you're like me and don't want to take the time to plan because you're too busy taking action.

 

Please don't procrastinate starting your business because you're waiting for the perfect plan. 

It's totally fine not to have a business plan, but you do need to have a rough idea of where you're going, so I've got some alternatives for you.

Ask Me Anything: When is it time to make a change?

This episode of the Chill & Prosper podcast is all about timing.  

 

For this Ask Me Anything episode, I'm answering a bunch of questions on the theme of knowing when it's the right time to make a change in your business.

Which profession has the biggest money blocks?

Hi there, 

 

Is there a salary that’s deemed “appropriate” in your industry? 

 

Or common beliefs about what you “should” be charging? 

 

Does your industry have money blocks that are creating barriers for everyone? 

 

In today’s podcast episode, we look at which professions have the biggest money blocks and explore the common blocks that could affect your industry. 

How to juggle business, family and kids

On today's podcast, we're talking about juggling business and family. 

 

Variations on this theme are the most common questions I've been getting recently;

 

How to juggle business with having kids? 

How to prepare your business for having kids?

What changes in your business when you have kids?

How to balance being a CEO and a Mom?

 

But even if you don't have kids, you'll get a lot out of this episode. The strategies I share will help you be a better CEO regardless of your family situation.  

How to make better hiring decisions

In my recent survey, our community told me that hiring was one of the top challenges you face in your businesses. 

 

Hiring is such a big pain point for many, and I know you've got a lot of questions about it - how to hire your first assistant, who to hire next, and who's on my team. 

Who to hire and when is a big decision, so in this podcast episode, I'm explaining how the Money Archetype framework can help you build the dream team you deserve.

Finding more Ideal Clients using Money Archetypes

I've got a juicy bonus podcast episode today all about how to use the Money Archetypes to understand and identify your ideal client. 

This is always a big pain point for people in all the business courses and coaching I've done. 

It's normal to stress about doing this wrong, picking the wrong niche, or worry about excluding people (I see you Nurturers wanting to help everyone 😘).

How to find your ideal business model using Money Archetypes

How did you pick your business model?

 

Why do you run your business the way you do?

 

When you're driving along the road of entrepreneurship and making money, it can be hard to take your foot off the gas for just a second and ask, is this the right road? 

 

Too often, we're not even thinking about the destination; we just focus on getting to the next gas station. I've been there too. 

 

The current state of your products, services, and systems is probably a result of hundreds of decisions made on the fly over a couple of years.

 

And the result is a business that is generally sound - it helps some clients and makes some money. 

 

But under the hood, things might feel cobbled together. 

 

Is your business model optimal for YOU?

 

Were you told to do things a certain way? By a coach or mentor?

 

Are you doing things in business because everyone else does, or that's what your industry expects? 

 

Perhaps you learned to do business a certain way in a job, so when you went solo and needed to make money, you just kept doing things that way?

 

A better way is to start with your strengths and your personality's unique gifts and design a business model aligned with who you are and how you want to run your business. 

 

In today's podcast, we're discussing what business model and ways of working would best suit your Money Archetype.

My $1m Money Archetypes Launch Debrief (part 2)

Today I’ve got a bonus podcast episode for you, which is part 2 of the debrief of my Money Archetypes Launch. 

 

In part 1, I shared how I relaunched my SMA business course last year and did something completely different that led to astonishing results. 

 

The launch debrief continues in today’s episode and this will be perfect if you want to increase your sales by connecting with specific segments of your market. 

How Money Archetypes helped almost 10x my launch (part 1)

After another disappointing launch, I was frustrated and confused.

 

I realized my business course just wasn’t resonating as I had hoped and something had to change.

 

So I decided to do something completely different.

 

I had been a certified Sacred Money Archetypes® coach for years, but it wasn’t until last year that I finally applied the SMA framework to my own launch. 

 

I took a deep breath and threw my heart and soul into the launch, creating a campaign that spoke to the eight individual archetypes.

 

I relaunched my SMA business course, but it was more like eight launches in one.

 

It felt like a huge risk, but I believed it was worth it. 

 

And it was – the results were astonishing. 

 

We had almost ten times the sales compared to my previous launches, all because I finally understood my audience and communicated the message clearly. 

 

I learned that to truly connect with people; you have to speak their language and understand their dreams and pain points.

 

This week’s podcast is part one of a tell-all debrief of my most fun and complex launch ever.

Passive Income: How to start and why you’ll resist it

Growing up, I never imagined that there would be a day when I could make an income without putting in the usual one-to-one effort, like selling a product or service in person. 

 

Everything changed when I stumbled upon the concept of passive income in my early 20s. 

 

With the rise of the internet, I realized the traditional way of earning money was evolving.

 

So I started by writing an ebook and selling it online but I felt uneasy about being paid for something I had already created. 

 

This is the biggest mindset problem I see with passive income today, and why so many entrepreneurs are skeptical of the idea;

 

For some, passive income doesn’t feel real, and sometimes it doesn’t feel ethical.

 

The idea of creating something once and being paid multiple times goes against the money beliefs many of us have been raised with, so can bring up guilt or feel risky. 

 

In today’s podcast episode, I’m dispelling some myths about passive income to motivate you to get started on your next passive income stream.