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What does it take to be an Entrepreneur? Sherree Mongrain definitely has the mindset of an entrepreneur and she shares her passion of the journey to becoming a successful Entrepreneur.
“How many cares one looses when one decides not to be something, but to be someone” Coco Chanel
“Don’t be afraid to take a big step if one is indicated; you can’t cross a chasm in two small jumps” David Lloyd George
In our wine tasting business, the business plan was good, we had great market research, rock solid in our vision and mission, our goals, our pricing, etc. My partner and I took a huge leap of faith, I quit my job. We had clients, we experienced growth, lots of prospects, but we failed to identify one main factor. We lost the sommelier, then our business floundered. The lessons learned – be realistic about how long it will take for your business to become profitable and then double that time. Have enough money in the bank to live on for that length of time, or else don’t quit your day job yet. I failed to have enough money in reserve so I wasn’t able to continue in that business. That is my lesson.
Entrepreneurial AH-HA Moment:
I realized I could change and to think about what I wanted and needed and to allow myself to just be and not always having to perform. It was up to me to identify what was important and to go get those things for myself. And to arrange my life in such a way that supported those things I wanted and needed. This was a huge turnaround, not just for my life but for my business. Because I started trusting my instincts and to go with the flow of life rather than trying to control it. I began searching for businesses and opportunities where I felt I could serve my highest purpose. Where I could serve my unique abilities and passions and I felt I could really make a change in the world around me. So having that vision of what you’re actually doing here is so much stronger to me than endlessly trying to discover that perfect career path or that perfect job.
My business is going to continue with me working hands on with business owners. I have books, training courses, I’m planning a woman business owner retreat, more public speaking. The exciting part that is going to be happening in the next year and half, is I will sell the books and courses online which will give us passive income. With that passive income our plan is to become more actively involved in supporting a movement called Half the Sky. It is a movement about turning oppression into opportunity for women worldwide. We want to become more financially supporting of this endeavor because it is so worthwhile.
Small Business Resource:
It rolls all your email subscriptions, LinkedIn notifications, Twitter updates, everything that comes into your inbox into one daily email. You can watch a video on YouTube.com/peepsocialmedia
Best Business Books:
“How to Win Friends and Influence People” by Dale Carnegie