Thursday, September 27, 2012

Can your man make or break your business?



Over the years I have witnessed how husbands can make or break
their wives businesses. Most often they want their wives to quit their business
because their business isn't making enough money or it takes
too much time from them or the family.
On a bell curve they either want dinner on the table when they come home or
they remember the movie with Tom Cruise called “Jerry McGuire”
and shout the question “Show me the Money!”

So how are you balancing your time and your money?
Most of the men never see the cash flow from the business because in many cases the their wives, the jewelers, pay the bills.
They only experience, what they visualize and that is how often you are home.
This is why/how they become “Not On Board”!
Here is a HUGE tip how to overcome that pressure and those tuff manly mindsets:
“Show him the Money!” and if you can’t,
begin and prepare for that day! It will be time very well spent!

Begin by determining your average income and allocate that specific amount towards some significant monthly cost or monthly payment:
For example; the mortgage, a car payment, an auto insurance payment, dance or sport club costs for your children, or savings for a vacation, etc., etc.
For most men, if you can EQUATE YOUR EARNINGS to a
PRACTICLE COST ALLOCATION and then tell him what that is,
he will be “All In” and ”On Board”!
Occasionally show him your Profit/Loss statement from the House & Hood program.
Or subtract the “Due to Premier” amounts from your web site orders from the total dollar receivables from your home shows.*** (see small print below)

Secondly, If you are not showing profit, where is the money going?
This issue comes down to: Is it ok for you to spend the money on yourself?
Which can be ok, but have you talked with him about it?
Is he ok watching the kids while your at a home show, forgoing dinner, not seeing you, or other hardships while you make money for yourself.
Some men are ok with this and some men become impatient with this,
that depends on your relationship with him. 
Also if he hunts or fishes, and this is your thing, communicate that to him.
This is a family business and you both deserve respectful consideration.
That comes down to effective husband and wife communication.
I hope this helps squelch that occasional manly pressure.
***You should also subtract something for your gas and any show supplies or give-aways from your home shows.

Friday, September 14, 2012

Independence plus experience equals growth and confidence!


As a husband of a Premier Designs Jeweler,
I am always outside looking in. Often I am jealous you.
You get to be a independent business person and I don’t : )
But there is one thing I do see from the outside looking in
and that’s you becoming an independent business woman.
When you go out in the world and perform your business activities,
you might think of the reasons your doing it are for
fun and fashion or to make money or both. I wonder if you
ever consider the intangible gains of your Premier experiences.
By this I mean your ‘Independence’. In this context, I mean not dependant
on anything, anyone or any company for your lively-hood.
When you go out and into the world to do this business
you build it all by your self.
You grow your own business through your own experiences.
I see things in Jean that weren’t there before.
They are creative thinking, strength and maturity.
Through your business experiences you will gain power and confidence.
People will see this and become attracted to it.
Your customers will buy more and you will sponsor more.
 Your business will mirror your personal growth. So go get that grit!

One last thing; don’t show your disappointment after someone turns
you down for a home show or one on one.
Tell them your off “to give away more jewelry for free” or
“To meet the next person who’s wants to be an independent jeweler”.
They will think twice and feel like they missed out
on some free jewelry or a great business opportunity!
And that will prepare them for when the next time you see them! : )