Monday, 4 April 2011

Running, meeting, running, research, meeting, more research

Honestly - a great financial advisor is a must on a quest like this, and I have a GREAT one. Sorting out financial details, setting up accounts to keep personal and business expenses separate (Revenue Canada appreciates it!)

Tonight I'm onto the Corporation Branch to register and request a name search. You need a Revenue Canada number to get a business Visa. You need a name to register with Revenue Canada. Yes, I know that a company name comes from a strategic vision and I'm working on that, too.

After six weeks in a neon pink, glow-in-the-dark cast, it's gone. And my wrist is still as weak as a new born kitten. But that's progress! I'll be back up to full speed in no time.

When there is no corporate fall back for medical, dental, sick days, vacation, looking after yourself is a priority. If you don't work, you don't move ahead. Just a random thought. I have lots of them!

Sunday, 3 April 2011

When time is yours to burn or fly . . .

Wednesday afternoon I went shopping to pick up a few little items at Costco. Anyone who shops there knows that the taste tests skillfully positioned at places around the floor can suffice as lunch and are tempting to buy. Now only did I exercise restraint remembering that cash flow is an issue for start up companies, I actually escaped with a bill of under $50. Whoo hoo!

While I was there I met a colleague standing one person behind at the check out counter - a seasoned and retired consultant. She gave me a great piece of advice "Always charge what you're worth and never look back."

I waded through a mountain of details that are attached to building a new business - expenses, technology, visibility, proposals - and for a few brief minutes I felt like I was drowning in it all. It's not like me to be overwhelmed. I usually just get at it tooth and nail until the job is done. Salvation came in the form of a phone call on Saturday morning from my very smart son. "Mom, you're a strategist. You do it better than anyone I know. Why aren't you thinking srategically?" Bingo! Lighbulb! Of course.

Not bad for week one - two great pieces of advice and a commitment to do it right the first time. What will week two bring?