Tag Archives: finances

TWSM Book Review ‘The Successful Single Mom Gets Rich’

 

If you would like to read a book about finances written by a single mom who has “been there”, then The Successful Single Mom Gets Rich: Take Control of Your Finances and Your Future by Honorèe Corpron Corder is for you. Corpron Corder’s common sense advice and empathetic tone can help you whether your financial concerns are big or small.

Corpron Corder is one of my favorite authors. She has written a series of Successful Single Mom books which are filled with hope, humor, and down to earth action steps. The Successful Single Mom Gets Rich is no exception. Corpron Corder is not a financial advisor. She is a player-coach, entrepreneur, author, speaker, and mentor to professionals around the world.

Here are some of my favorite quotes from The Successful Single Mom Gets Rich:

“One of the reasons I wrote this book is because I believe that regardless of where you start out, anything is possible for you. I want you to start to believe it, and eventually know it.” (Chapter One)

“If you are saddled with debt or don’t have an emergency fund, those are your first areas of focus. Every single aspect of your financial life must be uncovered and known. Very simply, you can’t get where you want to go (Point B), if you don’t know where you are today (Point A).” (Chapter Two)

“The good news is, and there’s always good news, you get to change your now, your future, and your children’s futures.” (Chapter Nine)

My only problem with The Successful Single Mom Gets Rich is in one of the single mom examples that is shared in the book. In the name of being prepared to move forward, there is an example of a single mom named Tracey who endured “on-going physical and emotional abuse from her husband” while financially getting ready to leave the marriage (Chapter One). Staying in a situation that could be dangerous for her or her children strikes me as dead wrong regardless of finances. Perhaps Tracey’s definition of “abuse” is very different from mine? I hope so. With this exception (which is reflected in my rating of the book), the examples shared and action steps suggested are helpful and uplifting.

If your finances can benefit from a review (or perhaps a complete makeover), The Successful Single Mom Gets Rich is a good place to start. Corpron Corder’s dedication to staring reality straight in the face while embracing prosperity principles and new habits can help you get to the abundant life that you want for yourself and your children.

Rating 3 ½ Stars out of 5 

Liz is a technical writer by day and a humor writer by night. She lives in Minnesota with her younger daughter and their two cats. When Liz is not reading, writing, or searching for new books to review, she can be found practicing yoga or enjoying time with friends and family. She is savoring the time that she has left before her younger daughter flies from the nest, yet she is also secretly looking forward to a time when she can travel more and not worry about anyone borrowing her socks.

Ten Tips for Winning With Direct Sales

 

Many of my podcast listeners run home businesses that involve direct sales of some kind.  They work with companies like LuLaRoe, Mary Kay, Herbalife, and others. Working with an established direct sales company can be a great way to get your foot in the home business door, because you get so much more support than you would have as a solopreneur.  And the built-in name recognition doesn’t hurt either!

                However, even with those advantages, it still takes a ton of work to get your business off the ground. But that’s okay! We generally don’t value success that we don’t have to work for, so hard work is a good thing. As a young mom, I spent five years in a direct sales company, achieving the rank of vice-president. Drawing on that experience, here are my top ten tips for creating a winning home business with direct sales:

1.       Work on your mind first. To make direct sales work, you have to truly believe that you can do it, and that you will do it. I recommend starting every day with books, CDs, or podcasts that help you get in a winning frame of mind.

2.       Pick a product or service that you truly believe in, and that is backed by a reputable company with a strong financial history.

3.       Identify your ideal customer and where to find her. Guess what? Your ideal customer is NOT every friend or family member you have, and it’s not every warm body you meet. Take some time to think about who really needs and wants what you’re selling, and then think about where those people hang out (online or in real life). Then go find them!

4.       Treat your direct sales business like a business. Work on it every day. Set goals. Plan your activity.

5.       Remember that most of your friends and family will not join you in your business until they see you have some success.

6.       Market creatively. Think of new ways to connect with potential customers? Can you give out samples at a pop-up boutique? Can you get a popular blogger to give a review? Could you host a party? Could you place giveaway boxes around town to collect names and phone numbers?

7.       Be a servant-leader for your recruits. Focus more on their own success than on yours. Bend over backwards to give them leads and help them grow. You’ll be surprised the huge impact this will have on your own business.

8.       Be yourself. Don’t try to copy someone else. Post social media content in your own voice. Be authentic. Don’t lead people to believe you’re more successful than you are. It’s totally okay to say, “I’m just getting started, but I’m really excited about the direction I’m headed!”

9.       This may be #9, but take note: it’s actually the very best tip on the list: ***Learn to embrace rejection. Success in direct sales is mostly simple math. If you have to talk to 5 people to sell one product, then you can absolutely plan your success from there.*** If you want to sell 5 products per week, you know you must talk to about 25 people every week. Once you really buy into the formula, every no becomes an exciting stepping stone that’s getting you one step closer to yes.

10.   Find a mentor and be totally coachable. If your upline is successful, there’s a reason for it. Listen to what they have to say and take their advice. If your upline is struggling or new themselves, find other mentors to learn from as well.

Those are my quick and dirty tips to growing a successful direct sales business. Questions? DM me on Instagram @mightychoicelife. I’d love to hear from you.

Love ya,

Lecia

 

PS On this episode of my podcast, I interview the youngest Mary Kay Sales Director in the state of Arizona, Christina Waters. You’ll be blown away by what this young leader has to teach us!