20 minutes | Nov 6, 2018

ES044 How to Have a Thriving Independent Business w/ Nancy Bos

A Thriving Independent Business is a path for a creative entrepreneur to reach their goals toward realizing their passion. Creatives must focus on a priority, a passion that causes “angry compassion” to drive them toward living their fullest life. That can’t be done working for someone else. The key is an independent business. But don’t loose sight of the goal - it can be all to easy to get lost and lose motivation. This episode will shine a light on your journey. What is “Business”? “Business" is your entire service/education business Does Business also encompass your own singing/performing and other aspects of your entrepreneurial life? What is “Independent”? Your income is not dependent upon a long-term employer.  Your income is free from outside control; not depending on another's authority. What is “Thriving”? To Flourish To Prosper To Succeed What Is Not “Thriving”? Fail Why do we need to thrive? Passion for our work (different from elation or ecstasy). We care so deeply about the outcome that we commit ourselves to the outcome, whatever comes. What fills you with compassionate anger?  Ultimately you will change the world around you. Todd Henry from Die Empty and Accidental Creative Podcast “You have to be burning with an idea, or a problem, or a wrong that you want to right. If you’re not passionate enough from the start, you’ll never stick it out.” Steve Jobs Goals and Behavior What we pay attention to is what we are capable of changing.  Every time we act in alignment with who we want to become, it is incredibly empowering and affirming.  Goals vs actions Habits Priority vs priorities From Brodie Welch on The Entrepreneurial Musician podcast Why Accept the Challenge? It is easier to not change, but you are not done - ever. You will never reach a point where you should just maintain. Growth (of some sort) is always necessary to avoid lots of bad stuff. Business Evolution The last time you set your business goals you might have been a different person.  Reassess yourself, reassess your business identity.  How does your business (and you) embody self respect? Be the change you want to see in the world.  How can you model self respect for your students.  Is exhaustion a badge of honor? Growing vs Maintaining vs Pruning Are you adding without subtracting? Not everything should grow always and for all time - choose what to maintain and what to grow. Diversify your income sources.  Diversify your working style. Take Steps On the Path of Your Passion
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