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Become Financially Secure Now!

Guest Post by Camille Gaines

A financial woman is prepared to step into the role of overseeing her money at any time. This can seem a little scary, but the truth is that no one plans for the unexpected. There are several reasons why being prepared to take over the management of your money at any time is important, beyond the unexpected happening in your life.

The definition of overseeing your money varies depending on your individual circumstances.  For one, this may mean taking a leadership role when hiring and meeting with your financial advisor. For another, it may mean implementing a simple index strategy to create a diversified portfolio. Both require understanding the basics of investing in order to responsibly oversee your investments.     

A Citigroup study found that 90% of women in the U.S. will be solely responsible for their own money at some point during their life. This alone is good enough reason for you to be actively involved with overseeing your money management if you are not. It is easy to defer the leadership role if someone else in your household is taking responsibility for your money since women already have so many roles, but this job only requires as many hours as you decide you want to spend, depending on the investing method you chose. A few consistent hours a year gets this essential job done.

Just knowing that you can step into any important role, especially one that affects the quality of your life as much as your money does, empowers you. Knowledge is what provides empowerment and confidence. Once you know the basics of exactly how much money you have, where and how it is invested, and how to measure and monitor the performance of your investments, you’ll be able to confidently do so at any time.   

Things just feel bigger and scarier when we don’t know anything about them. Think of all the experiences in your life that you dreaded because they seemed big and intimidating, and then after you learned how to do them you wondered why you had been so intimidated by them. I remember how difficult it seemed to make online purchases when I first began; I would inevitably make some mistake and become frustrated. Now it seems silly that something so simple was difficult; unfortunately for my spending plan, now I find it all too easy!

What areas of your life have felt overwhelming until you learned them, and then they seemed easy? It usually only takes some initial involvement to start feeling confident and ready for the next steps. If the thought of overseeing your investments seems uncomfortable and overwhelming, decide what steps you need to take to become financially empowered so you can have real financial security.   http://www.financialwoman.com/ 

Join Camille Gaines on Success Institute 2/1/11, 1:30pm CST to learn more about how to “Become Financially Secure Now!” 

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Getting Your Bio in Great Shape Offers Rewards that Show Up in The Balance Sheet

Guest Post by Nancy Juetten

A client-attracting bio is a universal tool in the marketing toolbox for business owners serious about growing and attracting the right clients. Read on for tips to help you get the mission accomplished in short order.

Not every business owner has the interest or inclination to get interviewed by the media, become a popular public speaker, or step into that dream of becoming a best-selling author. However, it is a universal need among business owners to position themselves to attract more of the right clients right now. Those who want to stand out and shine as they attract more clients need to say who they are, the mission they are on, the results they bring about, and why it matters in compelling terms that capture attention straight away. That means using your bio as a tool to attract exactly what you seek in terms that actually compel prospects into action.

For example, if you were seeking a personal fitness trainer, which of these two descriptions would compel you to lean in and engage?

A. I am a personal fitness trainer who serves 50-something rich people who reside on Mercer Island who want to get in better shape now.

B. I am a Jewish mother with a PhD who is also a fitness maven on a mission to get 50-somethings off the couch and taking the stairs with a smile because they look to the second half of life as the best half of life.

As for me, I’d choose B. because the message is steeped in authenticity, wow, and the promise of great possibilities that really resonate in a compelling, emotional way. And it all happens with one line of text.

The fact is, everyone’s business bio can be made better to showcase more authenticity, better messaging, and delicious benefits that really resonate with their target market. Best of all, a better bio can invite more of the right opportunities to reflect well in the balance sheet. Like all things — including exercise — it’s a matter of getting into action and selecting well chosen words that deliver the goods.

As you ponder those words, consider these marketplace realities:

1) There are 27 million independent business professionals trying to make a go of it beyond the scope of “cubicle nation.” Some have exited voluntarily, and some choose never to return or can’t find their way back in. These people have to make their way in the world somehow, and that means it is essential to differentiate and stand apart quickly in an online search. Blah, blah, blah and boring messages don’t get the job done.

2) There are many people who need to invite additional streams of income beyond traditional employment to make ends meet in this demanding economy in which many states are still reporting double digit unemployment. What potential clients find out about them in a quick Google search can mean the difference between getting a call to get into action or sitting indefinitely for calls that never come in. Conduct a “Google” search for your name, your company name, and the key words for which you want to be known as the expert. If the search reveals a disconnect, consider that your wake up call to take inspired action to change that for the better.

3) Speakers who want more paid speaking engagements can invite plenty more of them and the compensation that goes with them, provided they lead with a provocative, timely headline and describe their message points in ways that get meeting planners to say “YES” right away. Those who ramble in broad generalities are often disappointed by their results, whereas those who describe the value they bring in bold terms often welcome the compensation.

4) In today’s economy that the Wall Street Journal has called “the age of going solo,” decision makers recognize that they are doing business first and foremost with PEOPLE as opposed to COMPANIES. People want to know about that energy healer, financial planner, or business coach before putting their money on the line to benefit from their unique ways of serving clients. How quickly a consultant, expert, author, or media personality can get to the “like, trust, and respect” place has a direct impact over how much influence they can command and how much money they can make. A well crafted bio that makes clear the stunning results, sassy sound bites, succinct stories, and relevant social information that guides ideal clients to get there faster can bring plenty more qualified sales opportunities than leading with an old school bio that reads like yesterday’s news.

5) There are a great many people who struggle GREATLY with talking about themselves. For those who want to get seen, heard, celebrated and ultimately COMPEN$ATED, this is a huge problem. Those who are willing to articulate the value they bring for their ideal clients in terms that resonate and are sufficiently compelling to invite prospects to become paying clients can advance along their path to revenue generation a whole lot faster than those who don’t or won’t. It’s an exercise well worth the effort, as you’ll soon find out when you plug in these lessons to your expert advantage to scoop up the marketplace opportunities that await.  (Original post http://biznik.com/articles/getting-your-bio-in-great-shape-offers-rewards-that-show-up-in-the-balance-sheet)

Success InstituteJoin Nancy Juetten on Success Institute 1/18/11, 1:30pm CST to  ”Take the Rock Start Status Reality Check”

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Long Term Care and Your Taxes

Having just completed Long Term Care Awareness Month, the end of 2010 is the perfect opportunity to consider your best long term care options for the new year and beyond.  The Administration on Aging reports that by 2030 persons 65 years or older in the U.S. will represent 19% of  the population and most will be women. Unexpected care expenses for an individual, a spouse, a parent or a family member can greatly impact your finances.“In America 3 in 4 of us need long term care after we turn 65.  But most of us aren’t insured for it, and waiting to insure carries great risks,” says Denise Gott, Chairman of the Board of LTC Financial*.  A long term care insurance policy protects against asset loss by paying long-term care bills and avoids dipping into savings or selling investments to cover the costs.

Under current U.S. tax law, long term care insurance premiums offer a tax deduction that is often overlooked. In addition, when a policy is paid for out of a Health Savings Account there can be tax advantages.  Based on federal tax information from the Internal Revenue Service, for 2010 the maximum amount of qualified long-term care premiums you can include as medical expenses has increased.  For businesses, there are tax breaks that can be especially attractive. Some business owners can deduct premiums without having to satisfy the 7.5% medical expense threshold amount.  In addition to federal tax benefits, there may also be state tax benefits as well. For those who don’t currently have policies, investigating long term care now could position you for deductions next year.  Be sure to ask your tax expert to check into every deduction that may apply in your case.

Take advantage of this opportunity to educate yourself about your options.  For more facts on long term care, click here.

*LTCFP does not offer tax advice, but teams with consumers’ financial advisors and accountants to provide information on long term care insurance options affecting one’s financial situation.

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Managing Director Pamela Chatry Named Business Person of the Year

On November 18, 2010, Pamela Chatry became the Business Person of the Year at the Westside Awards of Distinction ceremony for the Kitsilano Chamber of Commerce.  Pamela is the Managing Director of eWomenNetwork Vancouver Metro and Coquitlam in Vancouver, BC.

The Westside Awards of Distinction brings together and celebrates the achievements of local businesses.  The Business Person of the Year has shown exceptional vision and expertise, demonstrated consistent performance and dedication, and has served as a wonderful role model for business development and excellence.  Pamela is thrilled to be acknowledged for her commitment to women and business in both her company, Pamela Chatry and Associates, and as Managing Director for eWomenNetwork.

“There were eWomenNetwork logos all over the place!” said Chatry. “My fervent belief in the support and promotion of women in business is a natural extension of the eWomenNetwork philosophy: Lift as you Climb.  Taking on the role of Managing Director has not only enhanced my work, but also the quality of my life.”

Congratulations to Pamela Chatry for this prestigious award and for her commitment to her members and her community.

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Express Your Personal Style This Holiday Season with Glorious Gifting!

The holidays are upon us and it is time to give some thought to unique and creative gifting for your customers, family and friends.  If you review the many lists for the “Best Gifts for Women in 2010″, you see everything from the perfect book, a holiday clutch, an over-sized tote and sassy shades, to an iPad, a BlackBerry and a tropical vacation escape.  eWomenNetwork member Ruth Fernow of Dilania offers these stylish ideas from her online/travelling boutique.

Who wouldn’t love blinged Stem Wear on your holiday list? The designer uses semi-precious stones to adorn stem glasses, napkin holders and much more.  Look for the distinctive and the delightful.   What about exotic visors or a chic cap embellished with Austrian crystals for that golfer or jogger on your list?

And if you have a practical and thoughtful client, a purse hook might be the perfect gift.  Wrapped in black velvet, this is an accessory every woman needs to have.  It keeps your purse in sight, off the floor and within arm’s reach.  It even works for backpacks, diaper bags and messenger bags!

This holiday season, don’t forget a present for yourself. Is it time for a new briefcase or travel gear?  Ms. Fernow recommends a line called Exclusively Chic Travel/Business bags. It includes a Bag on Wheels, The Overnighter Garment Shoulder Bag, a Laptop Case, Large Tote, Organizer Purse and a cell/business card shoulder purse called PurCELLnality.  Gift yourself something fashionable and practical at the same time.

Express your unique personality this holiday season with festive, funky, fashionable and fabulous holiday gifting.  And don’t forget to support your fellow eWomenNetwork members and Small Business Saturday℠ on November 27th. This Holiday Season, “Shop Small”!

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Celebrating Small Business Saturday!

Small Business SaturdayThis holiday season make an extra effort to support local community small businesses with your hard-earned cash!  Small Business Saturday℠ is a national movement to drive shoppers to local merchants across the U.S.  We have all heard of Black Friday (the day after Thanksgiving). In 2005 Cyber Monday was penned based on the appeal of online shopping.  Cyber Monday was the second highest spending day of 2009!  As entrepreneurs and solopreneurs, we all know the importance of small business to the economy.  Small businesses are the engine of job creation and have generated from 60 % to 80% of net new U.S. jobs annually over the last decade, according to the Small Business Administration.

November 27th will mark the first-ever “Small Business Saturday℠”.   This is your opportunity to invest in the success of small businesses in your own community!  Buy local and help keep your neighborhood and community economically strong.  As an added bonus, for those who support “Cause” and effect, by Liking the Small Business Saturday Facebook page, American Express will donate $1 up to $1,000,000 to Girls Inc. “to teach and empower young women to be entrepreneurs of tomorrow”.   There are other great offers on the Facebook site including  FREE small business Facebook ads for 10,000 small businesses and  American Express statement credits for 100,000 Cardmembers who register and “Shop Small” (check out the site for details).

eWomenNetwork is excited to be a part of this incredibly important initiative to support Small Business Saturday℠.  So, help us spread the word about #SmallBusinessSaturday!  Let’s all make an extra effort to support our friends and local vendors as they continue to provide value for their customers and deepen their roots in our community!

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What is Coaching?

coaching

Coaching is a jointly-designed partnership that supports you and forwards your actions toward the achievement of your goals and vision of your business, career, or personal life.  Success means different things to each of us, and this partnership allows you to reach greater personal and business success. Strategic coaching principles and tools are used to empower you and restore a dynamic state of balance in the key areas of your life.

Throughout the coaching relationship, your coach will engage in direct and potent questioning, and may, on occasion, be directive.  You can count on your coach to ask honest and straightforward questions designed to open new thought processes, to make inquiries that offer inner discovery, and to make requests that lead to action and achievement.

Why does eWomenNetwork think that it is important to include two complimentary Coaching sessions as a Member Benefit?  Sandra Yancey, CEO of eWomenNetwork, believes that entrepreneurs and solopreneurs need a way to break through the isolation that comes from doing it all on their own.  “I would have never made it without help.  It was a pivotal turning point in my business.  Coaching represents an honest and objective  third party who can help you with your challenges and conflicting demands.   It’s similar to why you may hire an exercise trainer or join a weight loss group.  You know what you need to do, you just want someone to guide, support and hold you accountable.”  I asked Sandra how to select the appropriate coach.  “If you have several challenges and not sure which one to focus on first, think about the one thing that keeps you up at night,” she said.  “It can be either your greatest pain-point or that single burning idea you are so excited about.”

Coaching provides  an opportunity to gain clarity, translate your dreams and ideas into achievable goals, change old beliefs and patterns that hold you back, develop and maintain focus, design structures and systems to support your journey, and choose how you are going to live the rest of your life in a whole new way!  To learn more about coaching, go to  http://www.ewomennetwork.com/coaches.html.

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Women’s Business Opportunities take off at the DFW Airport

With a major seven year project underway to bring new businesses into the Dallas/Fort Worth (DFW)  International Airport  community, opportunities are ripe for women owned businesses.  Over 153,000  passengers pass through the airport on a daily basis.  It covers more than 29.8 square miles and employs 1,775 people.

The DFW Airport is committed to increasing opportunities to involve disadvantaged, minority and women-owned businesses in all Airport contracts.  The Airport has recently issued a request for proposals (RFP) for multiple concession locations throughout Terminal A for retail, food and beverage, passenger services and shoe shine locations.  This is the first of many opportunities for women owned businesses, no matter where you are headquartered, to become a part of this seven year project.

A certification process gives greater opportunities to businesses that meet specific criteria, though certification is not a requisite to submit a proposal.  To become certified, business owners need to go through North Central Texas Regional Certification Agency which has a 90 day application timeframe.  ACDBE (Airport Concession Disadvantaged Business Enterprises Program)– Request  for Proposal prefers that business owners have a hands-on involvement as equity owners or as subcontracting suppliers.

Here you can find more information on how to do business with Dallas Ft. Worth Airport.  The first proposals are due December 3, 2010.   Don’t wait to take advantage of this opportunity to engage passengers from across the country and around the globe with your unique business!

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Do You Think You Are Too Small to Do Business With the Government? Think Again!

If someone told you that you were missing an opportunity to earn millions in government contracts, what would you do? After a decade of commentary, delays, rewrites and litigation, the U.S. Small Business Administration has begun implementing a federal contracting program for Women-Owned Small Businesses (WOSB) that will directly impact you.  The Women’s Procurement Program focuses on 83 industries in which women are underrepresented in the federal contracting marketplace.  To be eligible for the program, firms must meet industry based small business size standards,  be 51% owned and controlled by women who are U.S. citizens, and must qualify as a small business in their primary industry.

“Women-owned businesses are one of the fastest growing sectors of our nation’s economy, and even during the economic downturn of the last few years, have been one of the key job creation engines in communities across the country,” SBA Administrator Karen Mills said.  “Despite their growth and the fact that women lead some of the strongest and most innovative companies, women-owned firms continue to be under-represented in the federal contracting marketplace.  This rule will be a platform for changing that by providing greater opportunities for women-owned small businesses to compete for and win federal contracts.”  Mills added.*

Two things really are surprising.  One, less than 80,000 women-owned businesses are currently registered to take advantage of this opportunity!  Two, categories that are included might easily fit your business description (here are just a few).

  • Business Support Services
  • Office Administrative services
  • Other Schools and Instruction
  • Outpatient Care Centers
  • Lessors of Real Estate
  • Motion Picture and Video Industries
  • Computer System Design and Related Services
  • Specialized Design Services
  • Investigation and Security Services
  • Services to Buildings and Dwellings
  • Independent Artists, Writers and Performers
  • Printing and Related Support Activities
  • Newspaper, Periodical, Book and Directory Publishers
  • Software Publishers
  • Data Processing Hosting and Related Services
  • Offices of Real Estate Agents and Brokers
  • Legal Services
  • Accounting, Tax Preparation, Bookkeeping and Payroll Services
  • Advertising, Public Relations and Related Services

Want to learn more?  Be sure to visit the eWomenNetwork Success Institute and join us for the Success Institute Tele-Session, “Gain a Competitive Edge in Government Contracting, October 19, 2010, 1:30pm CST featuring Lourdes Martin-Rosa.

*http://gtpac.org/2010/10/sba-releases-final-women-owned-small-business-rule-for-implementation-in-early-2011/

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The Client Attractor Factor: 7 Steps for Attracting Your Ideal Clients

Guest Post by Ellen Looyen

In my 22+ years in business, I’ve seen so many talented service-based professionals enduring a never-ending struggle to attract more clients. They often squander the few opportunities they have with viable prospects, by not being able to talk about their own value in a way that connects with their market.

Here are some simple tips that will ensure your success as a client magnet:

1. Connect Emotionally First and Logically Later

Prospects for your services want to get a FEELING about you and your practice or consultancy.

The easiest and most direct way to do this is to tell them your “Branding Story”, using compelling language, laden with emotionally-connecting sound bites, that hit both sides of their brain at once.

Get real good at telling the “story” of your value (using compelling words and visuals that convey the essence and energy of your business). Your messaging needs to confidently convey your value, experience and unique style to those in need of your services.

2. Share the “Experience of Your Value and the Value of Your Experience”

Give people thinking about hiring you a direct experience of your work, in the form of a complimentary consultation. This is your opportunity to demonstrate your value in real-time; and it will give your prospective client a chance to see how it feels to actually be working with you.

Once you capture their imagination (the hallmark of charismatic people) and they feel comfortable working with you, they will feel an instant resonance and in their gut they will want to hire you.

3. Inspire Confidence

Most don’t realize it, but confidence is the number one reason people buy or choose anything.

People will never buy into feelings of doubt or uncertainty—yours, or theirs.

If you don’t believe in yourself and your own value as a service-based professional, how will your potential clients ever feel confident enough to buy from you? Your whole being must confidently exude that you offer the best solutions for their specific problems.

4. “We Convince by Our Presence”…Walt Whitman

Present people seem totally focused on whomever they are with.  They seem to possess an enviable peace about themselves and to have nothing to prove.

They make people feel like they are their only client in the world.

They are totally with people in the present moment, with no agenda (attention focused on a desired future outcome) and they truly want what’s in the best  interest of their clients.

5. Become More Likeable

In his terrific book, author Tim Saunders shares “The 4 Keys to Likeability” and they are: Friendliness, Relevance, Empathy and Realness. Develop these 4 personality strengths and you’ll have a much easier time attracting people who may become your clients in the future.

6. Position Yourself as an Expert in Your Field

Brand-building is about consciously creating the “perceptions” you want people to have of you and your practice.

Position yourself as an expert by writing articles, blogs and newsletters and by developing first class marketing materials that highlight your expertise and experience.

Learn how to expertly articulate the many things that you know and how others could benefit from it.

7. Enhance Your Charismatic Influence—It’s Your Very Best Attractor Factor

Charismatic people throughout history have possessed the unique ability to capture the imagination of others and inspire them to be supportive and devoted to a cause. Charismatic people know how to instantly create trust and rapport and can quickly influence others to see things their way.

Don’t Miss Ellen Looyen October 5, 2010 on Success Institute as she discusses “The Client Attractor Factor: 7 Steps for Attracting Your Ideal Clients.” REGISTER HERE.



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