I guess
the one thing that really stood out to me this week is how much I DON’T know
about running a business! I really am starting at the bottom and learning my
way. I mean, I’m not an idiot about business, but I certainly don’t know all the
ins and outs of it. I’m grateful for all the readings and videos and especially
for the HMM information. Those assessments at the end sure remind me how much
information there is to learn.
One
of the other things I learned is I don’t want to be a “one man operation.” I
want to have a good team around me, full of people who are smarter than I am,
who can help me to run a successful business. I really like the idea of
surrounding myself with people who are more knowledgeable than me, as well as
people of character. I want to make sure that I surround myself with people who
lift me up and help me to be a better person, a better disciple of Christ, a
better mom, sister, aunt, cousin, and a better business woman. I think it is
imperative to always strive to improve who you are. Surrounding yourself with
people who have integrity, moral character, and grit with determination will
only help to make you a better person. I would like to think I would rise up to
their levels by learning from them.
I’ve
never been very good with money because, to be honest, I was never taught how
to be. So, at almost 50 years of age I am learning now. I want to run my life
and my business as if I don’t have money to spend. I’ve learned that rich
people stay rich because they are cheap! Well, some of them are. They buy when
things are on sale and save wherever they can so they can splurge when they
really want to. My boss is one of those people. While I do not believe she is
rich, per se, I know she isn’t really hurting. However, she won’t even buy
toilet paper unless it’s on sale. Thankfully, she doesn’t by the sandpaper type
on sale, she does buy the good stuff, but only when it’s on sale. Then she buys
in bulk. She is that way with everything. She wears a fur coat that I have a
REAL problem with, but that is not the point. The point is, it was a $10,000
coat that she purchased for $650, on sale. Now, to me, $650 is still too much
money to spend on a coat you only wear once in a while, but that is a steal of
a deal.
One
thing I do have in my favor is that I don’t care about shopping “name-brand.”
If I can’t get it at Wal-Mart or The Dollar Store, then I don’t need it. I don’t
go to malls, not even outlet malls, because I think it is a waste of money. I
don’t need the best of the best. One pair of jeans wears out the same as
another. Actually, the cheaper ones seem to last me longer than the expensive
ones. Not the point. The point is being frugal is the best way to run a
business. HAVING SAID THAT, there is a time to spend money. You do have to
spend money to make money, on occasion. Even then though, you can be frugal in
what and how you spend it.
I
still hate the $100 challenge. I just do. I don’t know why. It doesn’t make
sense. I just hate it. However, it will all work out. I’ve raised my capital
and Monday will begin pulling the clothes needed to sell on consignment. It
will be nice to have some cleaned out closet space because when I’m done losing
my weight, I’m going to need that space for my new, inexpensive clothes. Heck,
I will probably purchase them at the same consignment store I’m selling my
stuff at. If I didn’t need the money to donate to KIVA, they would pay me two
or three times the amount in store credit that they will give me in cash. Maybe
when the challenge is done, I will still have some clothes to sell for that
store credit! We will see.
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