Lidia Gil

Lidia Gil Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Lidia Gil, Education, Rajshahi Division.

Do you ever feel overwhelmed with your to-do list because you don’t trust anyone else to do the job for you? Or anxious ...
12/03/2024

Do you ever feel overwhelmed with your to-do list because you don’t trust anyone else to do the job for you? Or anxious while taking a break because you think you are losing money?

Well, if you do, here’s a short list of ideas on how to keep the entrepreneurial burnout at bay:

⚡️ Learn to delegate!

Successful scaling requires learning to let go and trust others. Start by identifying tasks that can be delegated and create clear processes and guidelines for your team to follow. Invest time in training and mentoring your employees, empowering them to take ownership of their responsibilities. As you delegate more, you'll free up valuable time and energy to focus on strategic planning and growth initiatives.

⚡️ Always prioritize time for creativity

In the hustle and bustle of running a business, it's easy to neglect your creative side. However, making time for creativity is essential for innovation, problem-solving, and avoiding burnout. Use time to brainstorm new ideas, explore industry trends, or simply engage in creative hobbies that inspire you. By prioritizing creativity, you'll stay energized, maintain a fresh perspective, and be better equipped to tackle challenges and seize opportunities as your business grows.

⚡️ Stay active

Exercise helps reduce stress, increase energy levels, and boost cognitive function, all of which are crucial for effective decision-making and problem-solving. Incorporate activities you enjoy into your routine, whether it's taking a walk during lunch time, attending a yoga class, or playing with your dog outside.

⚡️ Give yourself credit for how far you've come

As entrepreneurs, we often focus on the next milestone or challenge, rarely pausing to acknowledge our accomplishments. Take a moment to reflect on your journey and give yourself credit for the progress you've made. Celebrate your wins, big and small, and recognize the hard work and dedication that got you to where you are today.

Drop a comment and tell us what you do to prioritize your physical and mental health! Exercising is my safe place!

27/02/2024

Why are so many people ditching their 9-5 jobs?

Millenials and Gen Zers are pursuing other opportunities outside of their corporate jobs in order to regain their time and freedom back.

I mean, take a look around you, how many of your friends and relatives have started businesses in the last year or so?

People are tired of trading their time for money, specially if their current jobs are life sucking, soul crushing careers that don’t align with their personal goals and values.

However, building a profitable business can take time and a lot of trial and error. Most people get stuck trying to come up with a brilliant idea of a business only to fail in the process.

But what if there’s another way to go around it?

That’s where baby boomer businesses come into play. The ‘mom and pop’ shops you have known since you were a kid. The old but reliable and profitable businesses with a substantial market share in your town.

Where to find them?

If you don’t feel like knocking on people’s doors, websites such as bizbuysell.com and businessesforsale.com provide comprehensive resources, including financial statements, that can help you to make an informed decision.

Once you’re ready to make an offer, make sure to include the right professionals, including a lawyer and a CPA, to help you with a smooth and successful transaction.

If you had the opportunity to buy one of these businesses, which one would you like to own? Let us know in the comments section 🤓

I’d buy a bookstore and make it into a greenhouse bookshop + coffeeshop 🪴☕💚

“It’s me, hi, the Internal Revenue Services…” 😂Who can relate?
12/02/2024

“It’s me, hi, the Internal Revenue Services…” 😂

Who can relate?

Stop the grind! 🚫As a business owner, it can be tempting to take on everything yourself. Most likely, you launched your ...
22/01/2024

Stop the grind! 🚫

As a business owner, it can be tempting to take on everything yourself. Most likely, you launched your company because you are a go-getter, a doer. Your business is so intrinsic to your personality that it defines you.

Therefore, it’s natural to feel the need to protect every single part of your business by doing it all, exemplified in your hands-on approach — overseeing every decision made, tracking every detail.

But just because you can do it all doesn’t mean you should. Micromanaging your employees not only overworks you but also shows a lack of trust in your team.

Did you know that micromanagement is linked to a 68% decrease in employee engagement? Without autonomy and trust, morale and productivity suffer.

The end results? Higher employee turnover. 👎

Instead of doing everything, focus on your unique abilities that drive the company forward. For instance, if you find yourself personally reviewing and approving every task, consider the impact on your time. The opportunity cost might surprise you!

Hire those whose strengths complement your weaknesses.

Empower employees by clearly communicating expectations then giving them creative freedom.

Show you believe in their talents. You’ll be amazed at what your team can accomplish when granted room to take ownership over their roles.

Let go of the mindset that you have to do everything. Trust in yourself and those around you.

Are you ready to transform your team into empowered and trustworthy employees? DM me the word “TRANSFORM” to give you the exact steps you need to start building the dream team!

19/01/2024

And the 3 things you are doing wrong…

1. Increasing your service or product offerings without understanding profitability

More is not always better! Adding offerings without understanding profitability can decrease margins, overwhelm your operations and erode your brand.

What to do instead?

- Calculate which offerings truly drive bottom line growth (aka your profits)
- Understand what your business strengths are (compared to your competition) and put all your energy and focus on these offerings and products instead

2. Not closely tracking the full picture of operating expenses

It’s easy to place the focus on revenue and growth. However, this metric doesn’t mean much if at the end of the day your operating expenses are draining your profits. If you lack clarity on where money leaks out in your business, you can’t strategically minimize expenses.
What to do instead

- Categorize every cost, then identify the expenses that are truly revenue generators
- Discard the expenses that don’t bring you any value to your business. Show no mercy!
- Set expense projections and compare them to actuals on a quarterly basis

3. Growing by reaction versus intentional strategy

All work and no vision make any entrepreneur feel defeated. Step back and set tangible and realistic goals for the next 6-12 months. Roadmap how each achievement builds towards your ultimate vision. Activate with intention!

What to do instead

- Set up revenue and expense projections and revisit them on a quarterly basis
- Understand the seasonability in your business and act upon expected downturns (instead of reacting)

Would you like to know how to increase profitability by 20% in the next 6 months? Send us a DM to get the conversation started!

Did you know?As of September 2023, nearly 10 million Americans are self-employed, yet only a quarter have a solid financ...
15/01/2024

Did you know?

As of September 2023, nearly 10 million Americans are self-employed, yet only a quarter have a solid financial strategy for retirement.

Most likely you are also struggling to pay yourself a fair salary, let alone thinking about a retirement plan. Am I right?

You have even found yourself using personal credit cards to fund your business growth, whether by buying inventory or by expanding your offerings to a broader clientele.

Maybe you are paying yourself a competitive salary but it doesn’t make much of a difference because every penny is going towards that creeping debt you have with the bank.

If this is your reality, hear me out.

IT DOESN’T HAVE TO BE THIS WAY!

You can save and invest in your future while growing and scaling your business.

You can free yourself from the paycheck to paycheck cycle and start investing your own money into your dream lifestyle.

If you don’t see a way out right now, it’s time to analyze your business income statement to identify the inefficiencies that are holding you back from achieving these goals.

Want to know more? If you are ready to increase profitability in your business by 20% in the next 6 months, send us a DM to get the conversation started!

13/01/2024

Do you find it challenging to stand out from your competition?

Sam is a veterinary who opened her dream pet clinic 8 months ago. She is a talented, experienced vet and an enthusiastic business owner. She is also broke and heavily leveraged with the bank.

When I spoke to her, she told me that her #1 problem was getting people coming in through the door. It seems like the competition is ruthless and, even when lowering her prices, she still can’t beat the competition.

After asking her some tough questions, we uncovered the real root cause - she hadn't done market research before launching. Sam made assumptions about ideal customer segments and pricing models without data to back them.

She also lacked a differentiating brand identity and marketing strategy in an already crowded market.

While disheartening to realize, I assured Sam that we could course correct by following the 3 pillars of Mind Your Own Money business plan:

1. Strategy
2. Implementation
3. Change management

No matter how qualified or passionate you are, as a business owner you will always need support on standing out competitively! Sam's story proves that leveraging an outsider expert perspective on your differentiation gaps is invaluable. Stay tuned to see how her business transforms as we implement Mind Your Own Money strategy.

Are you ready to transform your business? Let’s work together to plan and implement your 2024 business strategy to increase your profitability by 20% in the next 6 months.

Is your receptionist making more money than you?Don’t get me wrong, your receptionist should be getting a competitive sa...
12/01/2024

Is your receptionist making more money than you?

Don’t get me wrong, your receptionist should be getting a competitive salary, but so do YOU!

Let's keep it real. Even when bringing consistent sales, your operating expenses are eating all your profits mercilessly.

Despite all your efforts, you don’t seem to find the delicate balance of keeping the ship afloat while ensuring everyone, including yourself, is compensated fairly.

I get it! The frustration is real…

You left the 9-5 grind for the freedom and fulfillment of entrepreneurship, yet you're overworked, tired, and struggling financially.

What if I told you that there is a strategy that can help you move from a broke entrepreneur to a financially empowered business owner? One that not only boosts your business profits but also increases your own salary?

If you are ready to increase profitability in your business by 20% in the next 6 months, send us a DM to get the conversation started!

Did you know that each year Americans start 1 million new businesses, but nearly 80% fails within the first 5 years?Ever...
11/01/2024

Did you know that each year Americans start 1 million new businesses, but nearly 80% fails within the first 5 years?

Every business, including yours, will experience peaks and valleys. Unfortunately, valleys, more often than not, lead to dead ends.

How do you avoid becoming part of that dreadful stat?

It's not just about preparation, it's about MINDING YOUR OWN DAMN MONEY!

3 to 6 months worth of savings and protecting your profitability will help you to shield your business against unexpected downturns – call it recession, a global pandemic, or even personal health problems.

Imagine going from an anxious and overwhelmed business owner to one in control and stress-free.

Picture the shift from chasing late payments and enduring sleepless nights to becoming a refreshed and creative entrepreneur.

Ready to discover the roadmap to boosting your savings and business profitability by 20% in the next 6 months? Send us a DM to get the conversation started!

10/01/2024

Have you ever put a price tag on your time?

As a business owner, you're likely tackling at least 80% of the tasks needed for your business to thrive—if not more.

Sure, you might have a fantastic team supporting you, but when the day wraps up, it's you overseeing everything, and that often means piling more work on top of your own.

The reality? You might be underpaying yourself! 👎 Plus, every manual task you handle, like tracking payments on a piece of paper, is essentially tossing money down the drain.

So how about you stop the DIY projects and start leveraging technology to do the heavy lifting for you? It's not just about saving time; it's about valuing your worth.

Ready to transform your workflow? Would you like to know how to increase profitability by 20% in the next 6 months? Send us a DM to get the conversation started!

Did you know that 80% of your business revenue comes from 20% of your top products/services?And so, do you have a strate...
09/01/2024

Did you know that 80% of your business revenue comes from 20% of your top products/services?

And so, do you have a strategy that includes identifying your below average offerings?

Or, is your strategy more of a 'sell it all' approach because, well, more must be better, right?

No, not really…

Better is always 𝗕𝗘𝗧𝗧𝗘𝗥, meaning → Qᴜᴀʟɪᴛʏ over Qᴜᴀɴᴛɪᴛʏ

M̶o̶r̶e̶ Better products → better margins
M̶o̶r̶e̶ Better clients → better profits
M̶o̶r̶e̶ Better profits → better growth

Once you have a clear picture of your top revenue generators, you can start making sound financial decisions that will propel your business in the following 4 to 6 months.

Want to free up cash and space in your business? Would you like to know how to increase profitability by 20% in the next 6 months? Send us a DM to get the conversation started!

Address

Rajshahi Division
32940

Telephone

+14088025249

Website

Alerts

Be the first to know and let us send you an email when Lidia Gil posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The School

Send a message to Lidia Gil:

Shortcuts

Share

Category