Comments on: Confessions of Unprofitability

By: TeresaHBerger

TeresaHBerger — Tue, 27 Oct 2009 07:37:22 +0000

Love your outtakes! You are dead-on with the reinvesting, and I'm so glad to hear your honesty about the un-profitability. I think this is something that needs to be better taught to those entering the entrepreneurial world…an Entre101 course!

By: TeresaHBerger

TeresaHBerger — Tue, 27 Oct 2009 02:37:00 +0000

Love your outtakes! You are dead-on with the reinvesting, and I’m so glad to hear your honesty about the un-profitability. I think this is something that needs to be better taught to those entering the entrepreneurial world…an Entre101 course!

By: TeresaHBerger

TeresaHBerger — Tue, 27 Oct 2009 00:37:22 +0000

By: Kim Turcotte

Kim Turcotte — Wed, 09 Sep 2009 21:31:00 +0000

Elizabeth – I love the new energy you are bringing to the world with your videos. This one is GREAT! It is so true and it’s something I’ve never heard anyone else talk about “in public” before! Thanks for sharing your truth and your wisdom!

By: Kim Turcotte

Kim Turcotte — Wed, 09 Sep 2009 19:31:56 +0000

Elizabeth – I love the new energy you are bringing to the world with your videos. This one is GREAT! It is so true and it's something I've never heard anyone else talk about “in public” before! Thanks for sharing your truth and your wisdom!

By: Elizabeth GP

Elizabeth GP — Wed, 09 Sep 2009 18:46:00 +0000

Werd on “we all teach what we need to learn” – as I was writing that, I was sitting there thinking, “Well isn’t this interesting, Elizabeth [me in this case!], your response to this…!”

Regarding plan Bs, this is absolutely true. Straight up: if a potential client comes to me inquiring about my coaching and I know that they have income coming in from somewhere else, I know right off the bat – i.e., 2 lines in an email – that we need to establish how important their business is to them. All too often, having that cushion means that the motivation to step up to the plate just isn’t there. (Can you tell that I’ve given away a LOT of time with these peeps? *laugh*)

“Balance is a myth” is another topic that everyone thinks but nobody says out loud. When you LOVE what you do, it doesn’t feel like work, so who says working 60+ hours a week is, well, work? (The “putting yourself last” part I was referring to above was specifically about the money and paying yourself, which is how I heard/interpreted it.)

Anyways. Put my vote down for a video on that one!

By: Elizabeth GP

Elizabeth GP — Wed, 09 Sep 2009 16:46:33 +0000

Werd on “we all teach what we need to learn” – as I was writing that, I was sitting there thinking, “Well isn't this interesting, Elizabeth [me in this case!], your response to this…!”

Regarding plan Bs, this is absolutely true. Straight up: if a potential client comes to me inquiring about my coaching and I know that they have income coming in from somewhere else, I know right off the bat – i.e., 2 lines in an email – that we need to establish how important their business is to them. All too often, having that cushion means that the motivation to step up to the plate just isn't there. (Can you tell that I've given away a LOT of time with these peeps? *laugh*)

“Balance is a myth” is another topic that everyone thinks but nobody says out loud. When you LOVE what you do, it doesn't feel like work, so who says working 60+ hours a week is, well, work? (The “putting yourself last” part I was referring to above was specifically about the money and paying yourself, which is how I heard/interpreted it.)

Anyways. Put my vote down for a video on that one!

By: Melani

Melani — Wed, 09 Sep 2009 16:21:00 +0000

Love this! Always makes me chuckle when I hear people call themselves the Million Dollar this or that when I know they can’t even pay the people that work for them a few hundred bucks! What is the big deal with all of it? As if having that car or jet or whatever else actually has anything to do with how totally psyched you are about your life, your work, your relationships, your health, etc. As you said, you work 70-80 hours a week but your LOVE what you do. And you’re not living on the street, filming your videos from the bread lines. You are homeschooling your daughter, traveling, investing in your business and you love it. How awesome is that? You will be able to pay your bills because you’re as smart cookie and not paying them is not an option and neither, does it sound like, doing work you hate. Yay you for just being honest. Bravo.

By: Melani

Melani — Wed, 09 Sep 2009 14:21:29 +0000

Love this! Always makes me chuckle when I hear people call themselves the Million Dollar this or that when I know they can't even pay the people that work for them a few hundred bucks! What is the big deal with all of it? As if having that car or jet or whatever else actually has anything to do with how totally psyched you are about your life, your work, your relationships, your health, etc. As you said, you work 70-80 hours a week but your LOVE what you do. And you're not living on the street, filming your videos from the bread lines. You are homeschooling your daughter, traveling, investing in your business and you love it. How awesome is that? You will be able to pay your bills because you're as smart cookie and not paying them is not an option and neither, does it sound like, doing work you hate. Yay you for just being honest. Bravo.

By: ElizabethPW

ElizabethPW — Wed, 09 Sep 2009 05:47:00 +0000

first, you get the longest comment award.

I agree there is some money versus passion & profit equals greed stuff going on in my head, which makes sense since I teach all about that (we all teach what we need to learn, write the book we need to read, etc.). And I’ve known about that for myself for *years* since working w/ my first life coach.

There’s another issue there too (that I’ll explore on another video) … if you have a plan B or backup plan (or income from somewhere else), then it’s easy to avoid uncomfortable stuff & never take the big leap.

Now I do think that balance is a myth — something that everyone is trying for but no one actually has, except for a moment in time. And so many people think they “should” be balanced instead of just living their lives.

And my business is a gigantic part of my life, my life isn’t something other than my business. So, I don’t begrudge that I work 50-60/hrs a week on my biz … cause I love what I do and it encompasses most of my passions. Working on my biz isn’t putting myself last, it’s actually a very selfish (in a good way) act on my part.

Course, I will need to pay the rent, lol.