Before the Business Begins: What to Consider Before Starting a Business|The Essentials
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Welcome to the mystical crossroads of entrepreneurship, where your inner world meets the practical realm of business.
Starting a business is a profound journey that can be related to your manifestation & spiritual practice.
Entrepreneurship at its core is the intersection of ideas and commerce; it's about channeling your energy and ideas into something tangible, all while staying grounded in the reality of material life.
This guide is here to help you navigate the exciting but often challenging path of business entrepreneurship with a mindful 🧠 and pragmatic approach.
We'll explore the practical considerations that form the foundation of any successful venture, as well as how to infuse your journey with a sense of purpose and mindfulness.
Our aim is to provide you with a roadmap 🛣 to make informed decisions, leveraging your unique talents and interests while staying true to your values.
It's about finding a harmonious blend of the material and spiritual aspects of your life.
So, let's embark on this journey, making your dreams a reality, one practical step at a time.
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Section 1: Before You Begin - Practical Life Thoughts
Before diving into the world of business, it's crucial to lay the groundwork for a successful and harmonious journey.
Let's explore the practical aspects that ensure you're well-prepared for what lies ahead.
🤑**1. Financial Considerations:** 🤑
Starting a business is going to require some investment. Whether it is time, Money or both; One of the Main Components of Business is Money and Finances.
Take a moment to assess your current financial mindset and outlook..
What is the current picture of your finances?
Do you have a budget in place?
It's important to establish an emergency fund to provide a safety net during uncertain times.
This financial stability will give you the peace of mind to pursue your business dreams without unnecessary stress.
⏰**2. Time Management:**⏰
Entrepreneurship can be a demanding endeavor. It's not uncommon to find yourself juggling multiple tasks and roles.
If you’re going into business on your own; it may take some time to hire help or other professionals to manage parts of the business.
Mindfully managing your time is crucial. Consider how you'll balance your life, responsibilities, and spiritual practices with the demands of your new business.
Create a schedule that allows you to stay connected with your inner self while taking care of business responsibilities.
In the beginning, you may only be able to dedicate a couple of hours a week to building your business, and that's fine!
Having a schedule in place now will benefit you immensely down the line, especially if your goal is full-time entrepreneurship.
**3. Building a Support System:**
No one can embark on an entrepreneurial journey alone.
Cultivate a support system of like-minded individuals who understand your aspirations and can offer guidance, encouragement, and a listening ear when you need it.
Seek out mentors, friends, or fellow entrepreneurs who resonate with your values and mission.
Their wisdom and support will prove invaluable on your path to success. There are online groups, local/city foundations, networking events and more that you can research to get insight, find like minded people and support online and in person.
Remember, while we're venturing into the realm of business, our feet remain firmly planted in the real world.
These practical considerations lay the foundation for a strong and balanced start to your business journey.
**Section 2: Mindfulness and Spiritual Elements**
Now that we've explored the practical side of preparation, let's turn our attention to the mystical and spiritual 🔮🕯 aspects that can infuse your entrepreneurial journey with purpose and positive energy.
🕯 **1. The Power of Intention:** 🕯
Setting clear intentions can be a potent force in shaping your business.
Before you dive in, take a moment to define your intentions.
- What do you hope to achieve with your business?
- How do you want it to impact the world and those it serves?
Align your intentions with your personal values, and allow them to guide your decisions and actions throughout your journey.
✨**2. The Art of Manifestation:** ✨
Mystics know that thoughts and intentions hold incredible power.
Visualize your business's success and the positive change it will bring to the world. Regularly practice visualization exercises, vividly imagining your desired outcomes.
This mindful approach to manifesting your dreams can not only inspire you but also attract the right circumstances and opportunities.
I’ve found that not only should this be a continuous practice, but it will change and grow as you hit and surpass your business goals.
It’s important to know that with new levels, new doubts and challenges can also creep in.
Be sure to include regular manifestation practices for your business into your routines at each major goal or step.
🌳 **3. Grounding and Centering:** 🌳
In the whirlwind of entrepreneurial pursuits, it's easy to get swept up in the chaos.
Incorporate grounding and centering practices into your daily life.
Whether it's a morning meditation, a walk in nature, or simply taking a few deep breaths, these moments of stillness will help you stay rooted in the present.
They offer clarity and balance, even in the busiest of times.
One of my favorite grounding methods is taking a walk outside and spending time in nature. It reminds me that there is a greater picture, a greater design and reminds me to trust.
🔮**Section 3: The Mystic's Business Checklist**🔮
As you step closer to the entrepreneurial path, let's provide you with a checklist to keep your journey organized and focused.
🖥 **1. Establish a Dedicated Workspace:** 🖥
Create a dedicated and inspiring workspace that's separate from your personal life.
This space will serve as the canvas for your business endeavors and can enhance your focus and creativity.
Your workspace can include motivational posts, crystals and decor that inspires you or helps you feel calm and doesn’t have to be super intricate or spacious right now.
It is one of the first steps in bringing your business dreams to the Material realms aka the 3rd dimension.
As you work at this space, picture yourself working in your ideal space, and what that will look like.
A private office? warehouse? Wellness Center?
Visualization is a Huge Key to Manifestation.
📑**2. Craft a Business Plan:** 📑
A well-structured business plan is your roadmap 🛣 and blueprint for success.
It helps you define your goals, outline your strategies, and understand your market. Be sure your plan aligns with your values and mission.
A quick google search will help you find a business plan template, and most of them are very similar if not the same.
Your business plan is mainly for you and any co-owners of the business. As you fill out the templates, you will naturally have to ask and assess your business, who it is for, growth strategies and more.
In some cases, Your business plan is also a key tool for gaining funding 🤑 from outside sources.
There are some grant programs that require business plans with your applications, and Independent and Angel Investors often require a Solid Business Plan before investing large sums of money into other Businesses.
📑🤑**3. Legal and Financial Considerations:** 📑🤑
Understand the legal structure of your business. Familiarize yourself with tax obligations and financial management. It's a crucial but often overlooked part of your journey.
Keep in mind that every state and country has different requirements for business structure, tax information etc.
In the US, you can usually file your business at the official State Website.
PRO TIP:
There is tons of information available through the State for business structure mentorship, resources and guidance and a lot of people don’t know about it!
It can sound like “boring” research but this could lead to grants and funding from your state as well!
We are currently creating an E-Book that will take you through more steps and resources as well as planning a live Zoom Class to cover suggestions and best practices for the filing and further steps on building your business, from Branding, Website Hosting, and more!
🧠**4. Mindful Marketing:** 🧠
Incorporate marketing strategies that align with your spiritual values. Your marketing should resonate with your target audience while staying true to your mission.
While most marketing today is done through social media, or overall online/digital marketing.
Word of Mouth is still the best form of advertising for your business.
Studying social media, email marketing and advertising strategy will help your business flourish exponentially.
For most creatives, Marketing is one of the last things we want to spend time on.
We want to create!
Remember in the beginning when I said the investment is going to be time, money or both?
If we don’t want to spend time marketing, we’re going to have to spend some money: whether that’s hiring a social media manager (which can be more affordable than you think) or setting a budget for social media ads to run for you on autopilot.
❤️ **5. Self-Care Rituals:** ❤️
Don't forget to prioritize self-care in your daily routine. Caring for your physical and mental well-being is essential to maintain balance and resilience throughout your entrepreneurial journey.
Balancing practicality and spirituality, these elements ensure your journey is not only profitable but also deeply fulfilling. You'll find that the fusion of these aspects will guide you to a successful and purpose-driven business endeavor.
Balancing work and adequate rest can sometimes be challenging, especially if you’re juggling multiple things.
Once your mind starts thinking like a business owner, let me tell you, it will do that all the time.
Entrepreneurship can be an opportunity to gain “freedom” in many different areas. With that freedom we must also be intensely disciplined in our routines and life.
There is no one to tell us to take a vacation, there is nowhere to clock out.
My Self Care and Rest days are scheduled into my week now, but I was one of those “I left a 9-5 to work 25/8 DAMN!” type of Business Owners.
Now we understand that in self care and rest, we are able to show up in our business more effectively, which is always a plus!
🛣**Section 4: Finding Your Path - Determining the Right Business**🛣
As you stand on the threshold of entrepreneurship, the critical question is: What kind of business aligns with your unique self, talents, and aspirations?
🌚**1. Self-Reflection:** 🌚
Start by delving deep within yourself.
What are your passions? What values are at your core? Reflect on what truly ignites your spirit.
These considerations are the foundation for a business that resonates with your soul.
🎁**2. Assess Your Natural Talents and Gifts:** 🎁
Consider the skills and abilities that come naturally to you.
What are you particularly good at?
Recognize the unique gifts you possess and how they can be applied in the business world.
If you have trouble with this step, ask people you trust what your natural talents and gifts are. Often our loved ones give us a perspective we may not plainly see because it comes “naturally” to us.
😍🤑**3. The Intersection of Passion and Profitability:** 😍🤑
Striking a balance between following your passions and ensuring financial stability is key.
Assess which of your passions can be transformed into a profitable business.
Sometimes, it's the fusion of these elements that leads to the most rewarding ventures.
Think about an aspect of what you love to do, who it will help and how it will help them.
The most successful businesses are those that solve a problem.
💵💸**4. The Role of Multiple Income Streams:** 💵💸
Consider the idea of starting with a business that may not be your ultimate dream but is lucrative and relatively easy to set up.
This business can provide the financial foundation to fund other projects you are more passionate about.
It's a practical approach to ensure financial stability while nurturing your dreams.
Starting a business from a personal passion has its pros, because work often doesn't feel like “work” when it’s what you love to do.
On the other hand, burnout can creep up very easily; and for some it can be discouraging when natural business issues influence how you share and express your passion.
This is one of the reasons I tell my Spiritual Business Private Clients that they may benefit from a “boring business”. aka One that may not be exciting but is useful and helps others.
Oftentimes these become the longest running business as well.
📍**Section 5: Making the Decision**📍
With a clearer understanding of your unique blend of passion, skills, and financial considerations, it's time to make a decision on what type of business you’d like to start, who it will help, and what problem your business solves.
📈**1. Delve into Risk Assessment:** 📈
Evaluate the risks associated with each business idea.
Consider your risk tolerance and how well you can mitigate potential challenges.
Assess the financial and personal risks and weigh them against the potential rewards.
📇**2. Seek Professional Guidance:** 📇
Don't hesitate to consult with mentors, business coaches, or financial advisors. Their experience can provide invaluable insights and help you make informed decisions that align with your goals and values.
👁🔮**3. Trust Your Intuition:** 👁🔮
Finally, listen to your inner voice.
Your intuition, often referred to as your "gut feeling," can be a profound guide.
Trust in your ability to make the right decision.
In my experience, your instincts always know what's best for you.
I have a short guide on the way on trusting your Business Intuition that I will link here once completed!
This decision-making process might not be straightforward, and it can be a journey in itself.
Remember, the most fulfilling business ventures are often those that align with your true self and your values.
By thoughtfully considering these factors, you're well on your way to creating a business that's not only profitable but also deeply meaningful and aligned with your unique journey.
Two of the most important qualities you can utilize on your journey is listening to your intuition and the ability to pivot.
While nurturing and honing your intuitive gifts through your spiritual journey; you can start to listen to nudges from your Higher Self on Your Entrepreneurship journey; From new products and services, marketing ideas, and more!
🔚**Conclusion**🔚
As you stand at the intersection of your spiritual journey and entrepreneurial aspirations, we hope this guide has illuminated a path forward that resonates with both your inner wisdom and the practicalities of the business world.
A few gentle reminders to carry with you:
-⚖️**Balance Is Key:**⚖️ Maintain a harmonious equilibrium between your inner self and the external demands of your business. It's in this balance that your true magic unfolds.
- 👁**Your Vision Matters:**👁 The intentions you set and the energy you invest will manifest in your business. Trust in your power to create a positive impact.
- ✨**You Are Not Alone:** ✨On this path, you're supported by a community of like-minded individuals who understand your journey. Reach out for guidance, share your wisdom, and find strength in the collective spirit.
A couple of affirmations to carry in your heart: ❤️
- "My business is a reflection of my true self and serves a higher purpose."
- "I trust my inner guidance to lead me to the right decisions."
Remember, we are here to support you. You can explore two types of business consultations:
- **Business Is Business - Email Tarot Reading:** Receive insights and guidance through a tarot reading tailored to your business questions. Email us, and we'll provide you with a reading that taps into the mystical energies surrounding your entrepreneurial journey.
- **Spiritual Business Consultation - Live Zoom:** Engage in a live, interactive session where you can discuss your business ideas, receive guidance, and explore ways to align your business with your spiritual path.
This guide is not an exhaustive list but a starting point as you venture into the world of entrepreneurship.
Keep in mind that your journey is unique, and the possibilities are endless. Your business can be a beautiful canvas upon which you paint your values, passions, and dreams.
With mindfulness, intention, and unwavering belief in yourself, you're ready to embark on a journey that not only fulfills your business dreams but also nourishes your soul.
May your entrepreneurial path be filled with purpose, prosperity, and profound spiritual growth.