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biz foundations

277: Business plans: Do you need one?

Do you need a formal business plan? If not, how can you plan your business so it’s profitable and successful? How will you measure if it IS successful?

Today's deep dive into business plans comes to you because my Boss-Level Patrons voted that I make this episode this month.

Several years ago I created a video where I shared the process of making the business plan to buy the comic shop that my husband worked at. When I made the video we were in the middle of planning to buy the shop, which didn't end up working out for reasons totally outside our control. But that video is still one of the most popular videos on my channel. So I recently went back and rewatched it and I realized I talked a lot about what we had done, but nothing that was very instructional if you want to make a business plan for your own business. And you know I want to be super-useful to you, so over the next two episodes, I am going to go MUCH deeper into the practical aspects of a business plan.

Today we’re going to talk about when you DO need a business plan and when you don’t, and if you don’t, how to make a plan that will help you reach your business goals.

Next week we are going to be super-nerdy and go into how to make a traditional business plan, with questions to answer for all the sections and what we actually included in ours. I’m sharing as many of our real-life details as I can, without being in breach of the NDA we signed.

Business Plan v Map Making

We need to start with this: A business plan is related to your goals, and to the map you make to reach your goals, but it is not the same thing.

My book Map Your Business helps you do the process you have to do before you ever sit down to a business plan – getting clear on where you are, where you want to be and what goals you want to hit on your way there. But it is aimed at helping you make a personal plan for the actions and to-dos you need to do to hit the goals.

A business plan is a document that shows a lot of information and details about your business, the competition and the overarching plan. It may include financial projections. But it actually doesn't have that many actionable steps in it, it's more of a big picture planning document.

So you need both a map to get super actionable, and you can use a business plan to make sure your business will WORK and to keep you in line with the bigger mission.

When do you NEED a business plan?

The short answer: Whenever you're getting anyone else involved in your business – a partner, an investor, a bank, even a landlord (they may want to see your business plan), you need a traditional business plan. So if it's just you and your hands, you probably don't HAVE to create an official business plan, but having a simplified business overview can help you focus and will prompt you do the research you need to do. In a minute we’ll talk more about what I recommend every new or growing business include in a plan.

If you’re going to ask for funding, from anyone, including family or friends, you absolutely need to follow a tradition business plan.

If you are starting a partnership, or bringing a partner into your business (even if it’s your best friend or spouse), you need to have a traditional business plan, to be sure your ideas, expectations and goals are completely aligned (the process is really clarifying of where exactly money will go!). You also need a partnership agreement, and you need to have a lawyer look over both documents.

If you are investing a large amount of money into your business, even if it’s your OWN money, I’d recommend a business plan, so you know exactly when you are likely to see a profit, what you’re going to put the money towards, and how you’re going to earn it back. Treat yourself like an investor, and do the math and research to be sure.

What’s a large amount of money? Whatever is a lot of money for you! When I invested into my doTERRA business just a few hundred dollars and committed to start a business (instead of just buying oils as a customer, like most people do), I made a mini business plan, to be clear about how much time I would put it into, what exactly I would do, and when I could expect to hit goals. I attribute that plan and commitment (which I shared with my friend and mentor and she held me too), with the success I’ve experienced in that business.

What if I don’t need a business plan?

I’ll be honest: I started my yarn company by listing some skeins on Etsy, and then a local art shop, and then I did some craft shows. For months I didn’t keep track of expenses or even sales. But it wasn’t really a business. When I got serious about getting profitable (so I could quit my dayjob), I made a post-it note marketing plan and did the math to figure out how much yarn I needed to make in order to make a sales goal. (I teach you how to do this inside the Starship Program, btw.)

That’s not really a business plan, but they were documents that I could work from, and refer back to.

When I wanted to talk to my husband about quitting my dayjob to make yarn full time, I wrote up some notes, which is the most formal business I ever made for that business – it included sales data, profit math, projected sales for upcoming shows, and how much I could make if I had more time (ie, after I quit my dayjob). I also included some marketing goals (getting featured in a magazine, getting accepted into more shows) and some personal financial goals, that we would want to achieve before I gave up my steady salary. This document guided me for the next year or so. Whenever I had a new challenge or a new goal, I have always done something kind of similar.

So for me, this simplified business plan has been vital in helping me see the overall health and direction of my business.

How can you make a simplified (and effective) business plan?

I’m going to share suggestions from the Small Business Administration (SBA), and also suggestions based on working with hundreds of creative businesses.

Remember: Your business plan is a living document. You will use it as you operate your business. You want to have enough detail to help you make decisions, but not so much that you get overwhelmed by it.

The SBA suggests identifying:

Key partnerships
Note the other businesses or services you’ll work with to run your business. Who will you buy your supplies from? What shows or shops will you work with? Who will help you with what?

Key activities
What do you actually DO in your business? What are the methods you use to sell? (Online shop? Craft show booth?) What are the activities involved in having your product there?

Key resources
What do you already have that will serve you? Don’t forget experience, education, skills, even those that you acquired in unrelated fields, like household management, making a website for your hobby, etc. Also include any audience you already have, from personal FB page, your Instagram, your email list, anything.

Value proposition
“Make a clear and compelling statement about the unique value your company brings to the market.” – SBA.gov

What does your item offer your customer? How is that special? How does it make them feel?
(We develop this more inside the marketing part of the Starship.)

Customer relationships
How do you think customers will interact with your business? Is it automated or personal? In person or online? Think through the customer experience from start to finish.

Customer segments
Be specific when you name your target market. Your business won’t be for everybody, so it’s important to have a clear sense of who your business will serve.

Channels
How do you communicate with prospective customers? What tools will you use?

Cost structure
What are your biggest costs? In this section, include your COGs for every product you sell. (Don’t know your COGs? The Starship Program guides you through this math)

Revenue streams
Explain how your company will actually make money. Some examples are direct sales, membership fees, and selling advertising space. If your company has multiple revenue streams, list them all.

That’s what the SBA recommends and if you are starting a new business, I recommend having every single one of those sections filled out if you are starting something new, or investing in your business.

Many of you already have businesses, so I’m going to make an even more simplified version for you. At the minimum you need to have:

Value Proposition
What exactly do you sell? What does it do for the customer? How does she feel?

Target Customer Profiles
Who loves and buys your work? What EXACTLY is she like?

What is your next goal?
(Map Your Business helps with this)

Financial Reality
Before you can make any big decision in your business you need to know where you are financially –

What is the COGs for each product?
What is your overhead?
What is your business break even point?
Have your spreadsheet of at least the last year in monthly sales and expenses. (It is much more effective to compare month over month)

Financial projection
Considering what you have planned in the marketing section and the current growth track your on, what will your sales be like in the next six months (per month)? What will your expenses be?

Day to day you may only need to think about the next month or two in projections, but if you’re taking on a big new expense, you may want to project out further, to the break even point.

Marketing Assets
What assets do you already have? (Subscribers, followers, etc) What is the conversion rate for the various channels? What is your current calendar?

Marketing Plan
What will you promote? When? How? What’s your social media calendar? How will you move a customer down the customer path? (I have a course on building that path here or you can build it inside the Starship Program, after you work on your profitability)

Overwhelmed?

Ok, that’s it. Whew!

Are you looking at this and thinking, “oh man, that is a LOT of work!”? You’re not alone! I feel a little overwhelmed just talking about it. But here’s the thing – if you’re tired of feeling scrambly, if you’re tired of feeling overwhelmed and without focus, you need to do SOMETHING different.

You need a plan, not just for what you’ll do today, or for the very next goal, but you need to understand the entire health of your business and how it works together. A business plan will help with that. Digging into where you are where you want to go. Being clear about your real numbers. Being strategic in your marketing time. This will ALL help you feel LESS overwhelmed.

Yes, it’s a big project if you tackle it all at once, but you don’t have to! You can do it step by step (this is actually what I DO, I help people walk through it step by step, not so they have some business plan, but so they have the information, the knowledge they need to grow and make decisions).

Not knowing how your business will actually WORK is one of the biggest mistakes I see people make. I am going to be teaching you to avoid this mistake and three more in a free masterclass this week, and we are going to talk more about how you can figure out the data that goes into your business plan. To join me, go to taraswiger.com/foundations. I will walk you through this step by step, you DO NOT have to do it by yourself.

Love this podcast ep on business plans and when you need one!

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How to listen

You can subscribe to it on iTunes (If you do, leave a review!)
You can listen to it using the player above or download it.
Subscribe or listen via Stitcher (or subscribe in whatever you use for podcasts – just search “Explore Your Enthusiasm” and it should pop up!).

Find all the podcast episodes here.

276: Q+A: promotion, saying no, and balancing multiple businesses

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What is the BEST tool to promote your business? How do you say NO without losing customers? How do you balance multiple businesses?

Today I am answering YOUR questions in this Q+A episode!

Thank you to my Patrons:

Most weeks I teach a lesson to help your creative business, but today I am answering YOUR questions! I gathered questions from my community of supporters on Patreon, and my Instagram comment section. I am going to answer your questions about the BEST tool to use right now to promote your business, how to balance multiple businesses and how to say NO.

And if you want to learn how to avoid the three mistakes I see most creatives making, come to my workshop THIS week: TaraSwiger.com/foundations.

Before we get into answering these questions, I want to thank Sarah Schira of Imagined Landscapes for her support of the show! Sarah makes best Gnome puns around! If you need more gnomes in your knitting, check her out!

Thank you to Kim Werker, longtime friend, colleague and fellow Enthusiast. She’s starting a free community, that you should definitely take a look at.

The Questions:

A patron asks:

I would be interested in hearing ideas about how to balance multiple small businesses. I have a vintage clothing business in a brick and mortar antique store, an etsy shop selling vintage sewing patterns (both of these are very established, but small volume), and a much newer fine art business making art toys. I also freelance as a filmmaker and event photographer (my main source of income). I feel like if I picked only one of these, doubled down and really ran with it, I would get further, but I like the variety and I like having multiple sources of income. So all of them kind of poke along slowly. Thoughts?

This is a lot of businesses! I think your intuition is right – the way to build fast would be to focus on one… but if that leads to a life you don’t want, why do it?

Why do you need them to get any further? Growth is not the highest good – your own wellbeing, enjoyment and the business doing what it needs to do is the goal.

So DO they need to grow faster? What gives you the most joy?

What do you need your businesses to do financially? What would that look like? How could they work together to do what they need to do?

Then divide up your time accordingly.

Kristina asks:

How to say no to a potential or current client without being mean or burning bridges. Do I always need to give a reason or excuse?

I have a whole series of articles and podcast episodes, on how to say NO, with scripts!

The first thing is that you need to reframe this! Saying no, especially when you simply can’t take on a job at all, is not mean, it’s a part of business. In fact, someone reaching out to see if you can take a job is probably expecting that you may say no. That doesn’t mean they won’t come to you with their next project. They may even appreciate that you are so in-demand, and book ahead next time.

Now it’s slightly different if you’re not just turning down a job, but you are saying no to a current client on a current job. Like no, I can’t ALSO do X, the scope of this project is Y. But you have to remember: that’s why they’re asking. You have the choice to say no.

In most cases I would NOT give a detailed reason or excuse, the other person doesn’t want to hear it! Also, the more you say, the more they have to argue with. They can delegitimize your reasons.

For example, I have had conferences ask me to do more than we had contracted for, “oh, could also be available during this time? Could you also sit on this panel?” Quite often I say yes, because I like getting chances to talk to more people. But if it doesn’t sound fun or it will exhaust me, I say “Oh, our agreement was X, so that’s all I’m going to be able to do.”

It’s hard, but don’t give any more explanation.

You can have a standard reply, like “Thank you so much for reaching out, I would love to work with you. However, I’m booked up with projects and my timeline is X weeks out, so unless that works for you, I’m going to have to say no.” And if they’re asking for more once you’ve started working together, quote a policy. “My policy is to not….” or even, “Our initial agreement is…”

Before I answer the last question, which is quite a doozy, I want to thank Brenda, who makes gorgeous knitting patterns. I’ve linked up to a blog post she wrote on her site about the experience getting her website made, because it’s really great!

Thank you to Erin, who designs beautiful shawls.

On Instagram someone asked:

What is the best tool to promote your creative business these days? When you are just starting and don’t have time to be on every platform and do email, blogging, in-person promotion, etc?

My answer is the same as it was 5 years ago when I wrote my first book, Market Yourself, and I’ve seen newer data that shows it is still the right answer: Email is the most effective place to make a sale. So if you want to increase sales, and you want to REACH the people who want to hear from you, email is the answer. Email reaches those who have said they want to hear from you, and people take action from emails. It doesn’t take much time at all to set it all up, so the hardest part is getting people ON the list (who are you sending these emails TO?!) and then actually SENDING the emails.

The good news is – once you have decided what you’re going to regularly send, it doesn’t actually take that long to put it together each month or each week. If it is taking a really long time (because you’ve made your emails complex), then simplify it. Simplify it down to whatever you can consistently do. That can be as simple as hooking up Mailchimp to Etsy and having it populate your 5 most recent products.

So hook it up in an afternoon and decide what you’re going to send. Every email software generates a form that you can either link to or embed, so the “where do these people come from” question is simple – anywhere you already are. Put the form on your site. Link it in your etsy profile and your Etsy thank you messages. Link to it on Facebook and in your Instagram profile. Every time you send an email, do a post WHEREVER YOU ALREADY HAVE ANY CONNECTIONS about what will be in the email and share the link to sign up.

It could be that you have a personal facebook page, and you think your family and high school friends aren’t going to want your emails? Link it up anyhow, you may be surprised! They may be super into whatever you’re selling or they may have a sister or cousin who is. My husband’s uncle shares links to my work sometimes, and I’m surprised by how many people who he knows who sign up to hear from me.

So, you may be thinking, but Tara, it sounds like you’re saying we have to be everywhere to get people on our lists! And the truth is – you do need to be somewhere other than just in your shop and in your emails. You have to GO somewhere and meet new people. For you it may be having a booth at the local farmer’s market (one of my Starship Captains has absolutely CRUSHED her local markets and doubled her sales), or it may be a FB group with local moms, or it may be talking to your local yarn shop about carrying your work. But your work (and you) have to show up somewhere where people can encounter you. And when they do, invite them to sign up for your emails because that’s going to be the most effective way to make sales.

I hope that answers your questions! If you want to learn more about how emails fit in with everything else you have to do in your business and how to focus ONLY on what matters, join me in a LIVE workshop this week! Sign up at TaraSwiger.com/foundations.

Before I go I want to thank Marianne Weber of MWsDesigns , who makes notecards and greeting cards! And the artist Rowena Roberts, who does beautiful paper-cutting!

Such a great Q+A episode on #ExploreYourEnthusiasm tackling saying no, promotions, and multiple businesses.

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How to listen

You can subscribe to it on iTunes (If you do, leave a review!)
You can listen to it using the player above or download it.
Subscribe or listen via Stitcher (or subscribe in whatever you use for podcasts – just search “Explore Your Enthusiasm” and it should pop up!).

Find all the podcast episodes here.

261: 37th Birthday Lessons

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It's my birthday month, and that means it's time to review my year and share the lessons I learned from another year on the earth.

Each year, on my birthday, I share a bit about my birthday review process. Just like we do at the new year, I look at what was great, what wasn't, and what lessons is my life teaching me?

To do this birthday review, I use the monthly questions found in my book, Map Your Business. The book has these questions every month for 12 months, so you can start whenever, and make reviewing your month (and planning for the next) a regular part of your business (and life!). You can find the book at on Amazon.

At the bottom of this post, I've linked to all the past birthday posts – they go back 10 years – this will be the eleventh! And I gotta tell you, I read back through last year's transcript and it was SO GOOD. I needed to re-hear the lessons I learned last year!

This year, it was epic. Big big changes in our lives!

The not-so-good stuff

Before I get to the good stuff and lessons, I want to share the negative side of this year. Now, this isn’t actually bad, it’s stuff I chose, but I don’t want this whole episode to sound like everything is perfect. I made sacrifices this year, but they were my choice to live the life I want, so I was happy to make them.

I didn’t travel as much as I have in past years, although I did go to Columbus, Salt Lake City, San Diego, Charleston, and together we went to see my parents in Oregon and Cookeville, TN. We also went to Asheville a lot.

Also, my business didn’t grow as much as it has in the past. That’s because I didn’t work in it as much as I have in the past, and I made some explicit choices to cut back on some things, which I knew would be a short term loss in exchange for a long term gain of time and energy for other projects. You can hear more about how I streamline my business in episode 224.

This year’s good stuff

We became parents! I became a mother! No big deal, my world was just completely shattered by a 3 month old, a 2 year old and 6 week old.
Finding meds that work for my mental health.
Figuring out how to run a business and be a mom.
Learning the foster care system, inside and out.

Lessons learned this year

Motherhood + entrepreneurship is no joke.

I know, y’all veteran moms are saying, uh, yeah, duh.

But I’m gonna be totally honest – I knew it would take a lot of time and energy, but I was not prepared for how much of my BRAIN it took over. I mean, we have no warning, so it’s always a little crazy, but I literally could not think my own thoughts for the first 2-3 weeks. It was all baby thoughts, all the time. Thinking of even my own needs, like to shower or to read a book was not even an option.. and so of course the deeper, thinky stuff like my business was just not even accessible to my brain.

Now, that is for a short(ish) time, but even after we’re used to each other and it becomes less of a shock that THERE IS A BABY IN MY HOUSE, I never fully recovered my thinking brain. So that makes dong things like strategic planning, or heck, even writing a podcast REALLY hard.

And so the lesson was: it is more emotionally and mentally intense than I was expecting and also: everything will be ok. It’s ok to not be at 100%. It is OK to feel slightly slow all the time.

I need more grace

One of the things I struggled with most during this transition to motherhood (which is still ongoing, just on pause until we get the next placement!), is being really hard on myself. I have never been a perfectionist, I am always saying “oh, it’s fine. Done is better than perfect.” I’d rather have something done and then fix and upgrade and improve on it than try to perfect it from the start.

So I was totally surprised when I became so hard on myself for everything related to child care (especially with the toddler). I was disappointed I didn’t feed her even more whole foods. I was disappointed I snapped at her. I was frustrated when her nap didn’t happen. I think it’s that I didn’t see that, just like my business, this parenting gig is a progressive thing. You don’t have to get it perfect the first time, you just doing your best and something less than your best because you’re tired or annoyed and it all works together to be fine.

The good news is, I recognized this. I recognized that so much of being a foster parent is out of my control, and I was being really relaxed about not being in control of the system and the big stuff (will she go or stay? How many visits per week?), I was instead trying to exert control over the situation by controlling myself, controlling my parenting, and constantly beating myself up for not doing enough.

So when I recognized it, I talked to other moms. I talked to some of you on Instagram Stories and I talked to moms in real life and I decided to give myself more grace. Grace to be imperfect. Grace to mess up. Grace to even make the wrong decision sometime, knowing that it’ll be ok.

I know I’m not alone in this and I know it’s not at all about parenting – it’s about being nice to yourself vs holding yourself to some impossible standard.

So I’m gonna invite you to give yourself some grace.

My business will survive!

As Jay put it as we were talking about this episode, I learned that “your business can survive your lowest point, and your highest stress.” Because, seriously, that’s what this year was full of. From having the worst depressive episode last summer, to the stress of having a 2 year old who is a total stranger – I put my business on hold more this year than I ever have. Yes, I streamlined and planned for the first maternity leave (when we got our placement in October)… but right as I was starting to work again, she went home. And then it took me a while to get back in the swing of productivity and we got our 2 year old friend. And it took me over a month to get a handle on any kind of productivity. She stayed 3 months so I got into a good workflow during the days she was out of the house… but then she left. And 2 weeks later we got a baby for a week.

All that to say, one maternity leave is great, but all of the unknown and the emotions, and the wanting to not to commit to anything, because I may have to cancel at the last minute… it’s hard on me and hard on my business.

And yet… my business is resilient. My audience won’t all leave. Actually, most won’t even notice when I go silent for a week or two, as long as my promises are fulfilled (students get what they bought and the podcast keeps dropping each Wednesday morning).

Now, my business is extra-resilient because I set up lots of systems to keep it running (again, I talk about those in episode 224 and teach you how to do it in my workbook at TaraSwiger.com/leave)

But I always had a little bit of doubt, I worried that if I didn’t do X or Y or if I cancelled on someone or didn’t follow through, everything would fall apart. And while it did slow down, it did not fall apart.
I wanna share that with you, because I know a lot of you have the same fear. So just take a deep breath, it’s gonna be alright.

Taking care of myself is everything

This year really challenged me to step up how I treat myself. Emotionally, by giving myself more grace, but also physically, by ya know, actually taking time to shower, to go walk in nature, to diffuse the essential oils I’m craving. I’ve known this for a long time, but when I didn’t really have anyone depending on me to be at my best, I would tell myself that it wasn’t important. Even though I know I’ve had my biggest business growth and had the best mental health in the years that I was running longer races (2013-2015), I told myself it wasn’t worth the time.

But I am working on changing that message, on valuing myself enough to take care of myself. As Jay says “Your entire job and business is based on you being the best Tara you can be. It only survives if YOU are feeling great.”

So although I’d love for us to take care of ourselves simply because we are valuable, I’ll be honest that I had to have another reason to convince me. Knowing the kids in my life deserve my best, and knowing that you and the business deserve my best – has convinced me. (This is classic enneagram 2, I’ll do it to help someone else.)

Because of this lesson, I created a free 5 day Challenge for y’all, along with a workshop. It walks you through 5 days of just doing teeny tiny things to take better care of yourself. And after the challenge is over, I’m sharing my own journey of taking better care, in monthly exclusive letters. You can join at taraswiger.com/takecare

Thanks so much and have another enthusiastic year.

Past Birthday posts

36
35
34
33
32
31
30
29 (I opened the Starship!)
28 (I launched this site!)
27

Fantastic birthday post from @TaraSwiger! Grace is what it's all about.

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How to listen

You can subscribe to it on iTunes (If you do, leave a review!)
You can listen to it using the player above or download it.
Subscribe or listen via Stitcher (or subscribe in whatever you use for podcasts – just search “Explore Your Enthusiasm” and it should pop up!).

Find all the podcast episodes here.

235: Trust Yourself: A beginner’s guide

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Trust yourself about what direction to go.
Trust yourself about who you want to work with.
Trust yourself about what product to make, to launch, to go all in on.

A key element to building a business you actually LOVE and that fulfills you, is to TRUST YOURSELF. But how can you trust yourself through all the imposter syndrome, self-doubt and perfectionism? That's what we'll talk about today.

Trusting yourself and relying on your own intuition and sense of what to do is vital in creating a business you actually enjoy being in, so today we're going to talk about how to trust yourself. Before we dive in, you should know that I actually have a whole book planned about this topic, so we can't cover everything in one episode, but my goal is to help you start to trust yourself more, TODAY, even a little.

By the way, that book I mentioned, I'm thinking about actually writing it, IF it's something you, the person I create for, really want. So if you want a book about learning to trust yourself, go tell me at TaraSwiger.com/newbook. If there's enough interest, and you sign up there, I'll tell you about it before anyone else.

First, lemme define what I mean by “Trusting Yourself” – I mean, rely on your own sense, your own intuition, your own desires vs what other people tell you. Those other people might be your family, friends, your culture. They might be “experts”, teachers, podcasters! Or it may be the indirect messages you’re picking up from other people, like when you compare your business or life to someone else’s.

What I mean by “trust yourself” is, simply this: Recognize that you have your own goals, dreams, daily life and that you have your own skills, abilities, strengths, personality. Then, take all of that, and make decisions that are honoring this, that are a good fit for your life, your desires, your strengths.

In other words, instead of trying to do things the way you feel you “should” do them or the way other people tell you to, do things, from your daily business to your big goals, in a way that is based on YOU. YOU are the standard, not other people.

I can hear you say, but Tara, I can’t trust myself – Imposter Syndrome! Self-doubt! Perfectionism! Self-sabotage! I can't trust myself because I:

Hold myself back
Doubt my intuition
Never think it's good enough
Keep messing up instead of moving forward.

I know, and all of those reasons are why you need to get better at trusting yourself.

You see, those self-doubting thoughts aren't the reason NOT to trust yourself, they're showing up because you don't trust yourself.

Why don't you trust yourself?

You haven't been taught to trust yourself. You haven't been told you're allowed to and you haven't been taught how to do it.

In fact, you've been fed a steady diet of “you're not good enough” your whole life. Even if your parents were the best, most encouraging parents all the time, you still got the message that you needed to be better from teachers, from a zillion magazine articles about how to be hotter, smaller, smarter, less hairy, whatever. Or you read books or listen to podcasts that tell you that you need better habits, better morning routine, better consistency in social media.

And you see, a lot of those messages aren't wrong – if you can't do addition, you DO need to get better at addition before your teacher gives you an A. If you aren't consistent on social media, you do want to, well, you need to get better.

But there's an important distinction. You can need to DO something better, more consistently, more successfully, but that doesn't mean you first need to BE better.

Think about how you'd explain it to a kid. Yes, you need to get better at math. But that doesn't mean you're not already a good enough kid. You have all the internal worthiness you need, in order to get better at math.

This is about growth mindset. You can listen to episode 49 if you have no idea what I mean about mindset, but the short version is: A fixed mindset says that you are what you are and you can only do what you're already good at. (Which means that if you can't do something, YOU suck). Growth mindset says that you can learn anything, grow and change. So if you can't do something, you just need to learn it. You are still worthy and good and capable. There's a whole book about the research around fixed vs growth mindset, it's called Mindset by Carol Dweck and I go into this more in episode 49.

So you see, if you've been taking all the messages your whole life that tell you how to improve, and have looking at them with a fixed mindset, then you're right – how the heck can you trust yourself? You have no idea what you're doing!

But if you realize that you are capable of growth and change, then it is ok to both be imperfect and to trust yourself.

Ok, so you can trust yourself, but SHOULD you?

First, we gotta acknowledge that trusting yourself is not a sure path to easy, failure-free success. There is no way to get success without some failures. There is no easy, sure path to reaching your dreams – not trusting yourself, not following someone else’s rules.

I need you to really absorb that. You will have setbacks, you will have failures, you will have bad days no matter which path you choose.

So much of our “which choice is best” comes down to us trying to avoid failure. And of course! Failure sucks!

But as my biz mentor, Liz, told me, “I think you just need to become MUCH more comfortable with rejection and failure.”

Whew, that’s kinda hard, huh? I talk more about rejection and how to get comfortable with it in episode 171.

That’s the thing – in order to have success, you have to accept that you will make mistakes, that some things won’t go well, that you may be wrong.

If you’re going to experience setbacks either way, you may as well trust yourself, because you’re going to be more aligned, and more centered during it all.

You see, if you follow someone else’s path, or you try to make other people happy, or you try to push yourself into someone else’s box…you’re going to be miserable AS you move towards your goals. It’s going to be that much harder.

But if you give yourself some grace, if you find a way to do it that works for you, if you go after your OWN goals and not someone else’s, you’re going to enjoy the process. And it’s ALL process.

The benefit: You’ll keep going longer. When you try to make your biz or life fit someone else’s ideal, you get burnt out and you quit sooner. But if you’re going about it in a way that fits you, that focuses on your strengths, that gives you enthusiasm and energy, you’re going to keep going with it.

And that is the difference between “capital F” Failure and some small failures on your way to success: How long you keep going. Remember my dad’s advice to me when I quit my dayjob “You haven’t failed until you’ve quit.” So if you can find a way to do it in away that feels good, you’ll keep going past what feels like failures, you’ll find your way to your goals.

How do you start trusting yourself?

Ok, now that you know you can trust yourself despite self-doubt, despite setbacks and failures, how do you do it? Well, like I said, this is a much deeper topic, if you want to learn more go sign up at taraswiger.com/newbook. But let’s hit on some of the steps and how you can start exploring them:

Get clear about what YOU want. You want to be sure you’re working towards goals that matter to you and not just goals you think you “should” want. I help you do this in Map Your Business – we look at the really big picture, and then break it down into a doable goal and then the steps you’re going to take to get to that first goal. If you’re not clear about where you’re going, it’s going to feel impossible to trust yourself.
Explore and accept who you really are. A lot of the feedback I get about trusting yourself comes back to: I want to be different. I want to be better. But honey, you have to accept and embrace who you are, you have to start to find the value and worth in that, so that you see how trustworthy you are. This can start by exploring your personality and your strengths. This includes knowing how you respond to expectations (which I cover in ep 61 about the 4 tendencies), what motivates you (check out the Enneagram), and what your strengths are (I really like the strengthsfinder test and system, it’s backed up by tons of research). I’ve taught a lot about the 4 tendencies but not as much the other systems I use, lemme know if you want me to do podcast episodes on strengths and the Enneagram.
Look at all the ways you are trustworthy. Trusting yourself and listening to yourself is a skill that you’ll get better at the longer you do it. You’ll build that skill in part by proving to yourself that your trustworthy. Do this by celebrating your successes – make a list of what you’ve already done and accomplished in your whole life. Have you made a sale? Set up a shop? Made one product? Kept a baby alive? Graduated? Make a big list, and even focus on the smaller stuff, especially that stuff you listened to your gut about.
Keep showing yourself trustworth by showing up for yourself and your goals, every day. Every day that you work on your goals, that you listen to yourself, is building the muscle.
Tap into that inner voice. I do this through journaling, you can do it by asking yourself questions, by paying attention to your feelings, through prayer or yoga or any number of ways. Start to pay attention to what you feel about a situation and then listen to it. You can start small or big, but make a note when you’re listening to yourself and then be sure to note down what the outcome was. I have sooo many examples of how you can start small, lemme know if you want to learn more about it!

It’s my hope that you realize you can take your strengths, your experiences, your knowledge, your curiosity, and use it all to pursue your biggest dreams, to make it happen. I help people work through this and am diving deeper in some Starship-only resources this year, so if you’d like to learn more both about how to set goals, follow through, improve your marketing and do it all while trusting yourself, sign up to be notified when the Starship opens again at Taraswiger.com/starshipbiz.

Trusting yourself is such a vital part of a successful biz! Love this guide to getting started!

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