Here
are 10 tips to becoming FINANCIALLY FIT!
1. Get your inventory up to it's proper level..............$3600
wholesale minimum. There is more confidence in this business
when you know you have the product they want. Then you book
more.
2. STOP TRADING! You waste time and impose on your sister
Consultants. They need their inventory for their customers.
3. Stop placing small orders that costs you $8 each time and cut
into your profits. Place a larger amount order once or twice a
month instead of 4 small orders in a month. That costs you $32
in shipping fees. (You can only do that when you have enough
product on your shelves to get you through till your next order.)
4.
Use your credit card or get a bank loan - however you can
(i.e., a co-signer, 401K, personal line of credit, etc.)
Remember the 90% buy back guarantee? It's a win-win
situation. I prefer the loan - it is a one time SET payment
with lower interest.
5.
You need to get off the credit card interest merry-go-round. Use
your credit card ONE TIME to get your products at a
Profit level, with the understanding that you never use
it again and open a checking account that is attached to a debit
card so all your Mary Kay sales are deposited into this for replacing
sold product, paying the loan or credit card off and OF
COURSE Taking a pay check to pay down personal debt or SPEND on
things for you and your family. VERY
IMPORTANT NOTEl Personal credit card debt cannot be taken off
your taxes. Your inventory/business expenses interest can.
Be financially wise and get rid of the high interest personal
cards first.
6..
Consistently hold appointments EVERY WEEK (2-3 each week)
week-in, week-out just like you would if you were an employee of
your company! Consistently no matter what, no "yeah,
buts" and no "what ifs." Create the cash flow you
want and deserve for yourself and your family!
You
will be selling $400-$600 each week!!! That would be
$1600-$2400 deposited into your account each month. ........Or
$800-1200 profit to yourself each month!!! You can afford to
make a loan payment! That's profit from 2/3 classes per week
(3 to 6 hours a week). Consistency is the key here - every
week.
7.
Make the Perfect Start (15 faces in 2 weeks) or your Power
Start
(30 faces in 30 days) your primary goal........whichever is the
best beginning for you. Build on it!
8.
Don't look back..........keep focused FORWARD!
Look
at what your possibilities can be next week, next month, etc.
9.
Commit to doing your part of the deal and God will take care of
the rest. Be disciplined to do what needs to be done.
10.
See yourself as the successful, smart, financially fit business
woman that you are and deserve to be forever! Dress
for the success that you are becoming!!!