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ChangingCourse.com, Find Your Life Mission and Live It

Issue 151

November 15, 2006

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Changing Course is dedicated to helping you:

~Live Life on Purpose
~Work at What You Love
~Follow Your Own Road

Inside Today's Issue

Featured Article

Afraid to Take the Leap? Simple Ways to Face Down Your Fears

Featured Resource

A Better Way to Borrow Money from Friends and Family

The View From the Other Side

Guest Article

Upcoming Workshops & Teleclasses

Resources for A Change

We cannot become what we need to be by remaining where we are. ~ Max De Pree

Afraid to Take the Leap? Simple Ways to Face Down Your Fears

By Valerie YoungValerie and her dog, Cokie

The so-called safe path is always “easier.” Just ask Ursula Clay. Ursula tried to take the secure career path her immigrant parents had chosen for her. In fact, she worked incredibly hard to achieve a level of financial success and security her parents, both high school dropouts, never had. Says Ursula:

“I worked very hard to get through law school at night, all the while working full time and struggling financially. When I finally achieved what I thought was the brass ring - i.e., good salary, fancy title, etc. - it was a thoroughly disappointing revelation that this was the end result of all the hard work. It felt very empty and meaningless, further made so by the birth of my two beautiful children. I just felt as though I could not possibly have been put on this earth to toil way for 12 hour days at a job that kept me away from my family, and which I dreaded going to every day.”

“Unless you walk out into the unknown,” says Tom Peters, “the odds of making a profound difference in your life are pretty low.” After two years of executing her escape plan which included many moments of fear and uncertainty, Ursula is embracing the unknown. “It’s like getting out of college again, and having a clean slate. I do not know where I am going to end up, or what might come my way. In fact, staying home with my kids right now may be the next calling, and after that, who knows!”

Laugh in the Face of Fear 

Anyone who has ever ventured out of their safe little world will tell you they had doubts. When it comes to making a major life change, not only is a certain amount of fear perfectly normal, it’s actually helpful. For example, it’s our healthy fears that keep us from jumping off cliffs. And the great thing about fear is that there are always ways to get around it. 

So try laughing in the face of fear. Am I kidding? No. Ridiculing your fears is actually a very effective technique for banishing them. Let me show you what I mean. 

If I told you the U.S. Senate had just voted to relocate the capital from Washington, D.C. to Las Vegas, your response would probably be something like, “No way!” That’s because the mind rejects that which it considers absurd. It’s the same with fear. The trick is to turn your fears into a ridiculous event in your mind. That way, you allow your natural human reaction to absurdity to take over and dismiss them. 

Try it yourself. Take your biggest fear and take it to extremes. Really exaggerate it. Let’s say you’re paralyzed by the fear of failure. Try picturing your entire family, all of your friends, your neighbors, everyone you went to high school with, even your boss, standing outside your cardboard-box home holding up signs that read: We Told You So!

Pretty ridiculous, right? When you realize that your worst-case fantasy is just that – a fantasy – what felt overwhelming will now feel much more manageable.

Change Is Easy – When You Take It One Step at a Time

Another way to manage the fear of venturing out on your own is to start small. If the thought of just up and quitting your day job frightens you, start building your freelance career on the side. Begin with low-risk steps and gradually work your way up to the harder stuff.

You never know what is going to move you to action. It can be a book, something you saw on television, a chance conversation, a workshop… I was flattered to learn that for Ursula that chance encounter happened when in 2003 she “stumbled upon” the Changing Course website. That was enough to move Ursula to start “formulating an escape plan.” She writes, “My plan consisted of figuring what I wanted to do after I quit my job, and putting myself in a financial position that would allow me to walk away from a well-paying, but unsatisfying career.”

Receiving a consistent message that change was possible says Ursula, “had the effect of pulling me back to my escape plan whenever I started fearing the unknown again, or just got lazy.” For Ursula that message came in the form of this newsletter. For you it might be a support group, a coach, or even a buddy who can check in to see how your plan is progressing.

Even though Ursula has taken the leap, she’s now working on the second part of her goal – coming up with ideas for multiple income streams. The good news is that having faced down her fears once means Ursula can approach her new goal from a far more desirable vantage point. “Now,” she says, “I can read the newsletter on my home computer in my sweatpants while my daughter naps, instead of on my Blackberry while riding the 8:02 pm train back to the suburbs from work.” And to just to underscore how excited she is to be embarking on this new chapter in her life, Ursula signed off with, “Regards from the other side.”

Remember, courage is not a matter of losing your fear so you can take action; courage comes from taking action. And that, in turn, helps you overcome your fear. When you can act despite your fears, you will be rewarded many times over. That’s because, as Anais Nin once observed, “Life shrinks or expands according to one’s courage.” Once I found the courage to escape job jail my life expanded in ways I never imagined possible. Life really is better over here on the “other side.” I encourage you to take one small step today to join those of us are enjoying the view from the other side.

About the Author

Off the beaten path career counselor, Valerie Young, abandoned her corporate cubicle to become the Dreamer in Residence at ChangingCourse.com, offering free resources to help you discover your life mission and live it. An expert on the Imposter Syndrome, she's presented her How to Feel as Bright and Capable as Everyone Seems to Think You Are program to over 30,000 people.

Find more articles written by Valerie at ChangingCourse.com/articles/

Discovery consists of seeing what everybody has seen and thinking what nobody has thought. ~ Albert Szent-Gyorgyi

Featured Resource

A Better Way to Borrow Money from
Friends and Family

Financing for most small or growth-stage businesses, says the Small Business Administration, comes from friends, relatives, employees, customers or industry colleagues. Yet according to Asheesh Advani, Entrepreneur magazine columnist and founder of Circle Lending, a company that manages financial transactions between private parties, the process of managing interpersonal loans is fraught with emotional hazards, administrative hassles, and financial risks. For example, the average default rate on interpersonal loans is 14% compared to a 1% loss rate for bank loans.

One of the main reasons the default rate is so high for interpersonal loans is because repayment is typically organized in a haphazard manner often involving a lump-sum payment at the end of the loan term. Borrowers are frequently unable to make lump-sum payments and need the discipline of monthly payment plans to ensure that debts are repaid.

When interpersonal loans are managed with repayment plans though, the default rate drops substantially. The mere act of making regular payments instills discipline and good credit habits. That’s where Circle Lending comes in. America Online calls Circle Lending “A good source for both borrowers and lenders... which serves as an intermediary between friends or family members.” If you’re planning on borrowing from a non-professional lending source such as family or friends, Circle Lending may be worth a look. Check them out at ChangingCourse.com/recommends/circlelending

We all have big changes in our lives that are more or less a second chance.
~ Harrison Ford

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The Changing Course Newsletter
Copyright 2006
Lisa Tarrant, Editor
Valerie Young, Publisher
info@changingcourse.com
www.ChangingCourse.com
7 Ripley Road
Montague, MA 01351

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The first step to getting the things you want out of life is this: Decide what you want.
~ Ben Stein

Guest Article

Self Employment:
The Hardest Way to Make Easy Money

By Karyn Greenstreet

I heard this comment at a National Speaker's Association meeting last month: "Being your own boss is the hardest way to make easy money." Boy, isn't that the truth!

So many people I speak with dream of becoming self employed and starting their own small business. Don't get me wrong: being self employed is the best lifestyle I know. It has a huge range of rewards, from flexibility to independence to self-responsibility. I'm completely in love with being self employed and wouldn't exchange it for a corporate job for a million dollars! (Okay, truthfully, if you want to offer me a million dollars a year in salary, I'm willing to entertain a discussion.)

But it is hard work, plain and simple. After carefully studying and working with people who start their own businesses, my best estimate is that it takes at least a year to make a serious profit, and often it's more like two years. I have yet to see a "quick fix" for small business marketing that will land a lot of cash in your pocket in 30 days. If your business structure and administrative process are not firmly in place, you'll crash and burn eventually. If your business strategy and plan are not fine-tuned, you'll spend an extraordinary amount of time running in circles trying to find the right customer and the right product or service to sell them.

So why do people look for (and purchase) products and services that promise a quick fix to their ailing small business? In the question lays the answer: they want a quick fix to the pain. Don't we all?

Running your own small business is a marathon, not a sprint. Stop trying to sprint your way to your first million without a firm foundation under you. Remember, marathoners train all year long for just one marathon; they don't wait until the month before to begin preparing.

Things to consider:

1. Make sure you have the personality to be self employed.

2. Make sure you have enough money to finance your dreams, and a good financial plan that tells you when you'll actually start making a profit.

3. Invest money and time in sound, effective marketing strategies and do them every month, rain or shine.

4. Have a written business plan and a business strategy, even if it's only three pages long.

5. Test your marketing ideas, your product ideas and your service ideas to make sure you've got everything on target.

And finally, have a marathoner's attitude: the finish line does exist, just over the next hill. Believe that you will make it to the finish line, as long as you keep putting one foot in front of the other and maintain a positive attitude.

About the Author

Karyn Greenstreet is a Self Employment expert and small business coach. She shares tips, techniques and strategies with self-employed people to boost clarity and focus, create sustainable motivation, and increase sales and profits. Visit her website at PassionForBusiness.com 

 

If you limit your choices only to what seems possible or reasonable, you disconnect yourself from what you truly want, and all that is left is a compromise. ~ Robert Fritz

Upcoming Workshops & Teleclasses

Making It Better
Barbara Winter's Field Trip for Your Entrepreneurial Spirit

Small, Sassy & Profitable?

Would your business be better if you knew...

  • How to find inspiration all around you?

  • How to make your business a creative adventure?

  • How to use your business to make a difference in the world?

  • How to market through attraction?

  • How to gather support for your dreams?

  • Dozens of ideas for enriching your business daily?

  • How to form creative collaborations?

Come to Making It Better and you'll learn how to integrate more of those things into your business, as well as learn how to Outsmart Resistance and to Operate from Your Entrepreneurial Core. All of this learning takes place in a highly interactive setting with plenty of attention to the specific challenges of your business.

Las Vegas, Nevada
November 28-30, 2006

Learn More at BarbaraWinter.com/special_events_lasvegas.htm

 

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The View From
the Other Side

“I’m sure 85% to 90% of the time… We need that 10% of doubt to give us focus.”

~ Reverend James Holland on his decision at 47 to leave his career in the hotel business to study for the priesthood.

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Resources for a Change


Ageless Marketing

By David B. Wolfe and Robert E. Snyder. This book documents the results of aAgeless Marketing: Strategies for Reaching the Hearts and Minds of the New Customer Majority groundbreaking research project on the aging boomer generation, detailing the core values, buying behaviors, and emotional factors that distinguish what they dub the New Customer Majority. According to the editorial review, “readers will see how "empathetic connections" drive many buying decisions for this market, why traditional ploys simply will not work, and how to create marketing campaigns that yield continuing customer satisfaction and brand loyalty.” Find it in the ChangingCourse.com bookstore at ChangingCourse.com/bookstore.htm or on Amazon.com

How to Start a Home-Based Catering Business, 5th (Home-Based Business Series)How to Start a Home-Based Catering Service

By Denise Vivaldo. From pricing your services to honing your food presentation skills, this comprehensive guide provides a wealth of information about building a home-based catering business. You can also find it in the  ChangingCourse.com bookstore at ChangingCourse.com/bookstore.htm or on Amazon.com

Home-Based Business Guides

To take the mystery out of starting a business, Entrepreneur has created a series of start up guides on what it takes to start a wide range of businesses like a gift basket service, home inspection service, event planning service, medical transcription service, seminar production, specialty travel and tours, wedding consultant, cleaning service, herbs and herbal products, information consultant, and personal concierge service… just to name a few! Definitely worth a look. Check them out at DPBOLVW.net/click-1355399-8334954