LASTCo: Life After Service Transitional Coaching

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Episode 37: 7 Key Steps You Need To Take To Choose The Right Business For Your Life

Identifying the below seven keys factors will help you discover what business you really want to develop and which you want to ignore. 

  1. Identify your core values.
  2. Create a life design.
  3. Identify your target audience.
  4. Choose your flagship product and service.
  5. Discover your bar to entry.
  6. Decide if you want to serve your audience virtually, from a brick and mortar, or both.
  7. Evaluate the pros and cons of going forward with your business concept. 

Business Idea Checklist: https://lifeafterservicecoaching.us12.list-manage.com/subscribe?u=76e47ffa6260960d04393c935&id=a9fbcf4832

CORE VALUES

Your core values are principles that guide your internal conduct as well as your relationships with the external world. It is how you judge what is right and what is wrong. All of your decision, subconscious or conscious are weighed against your core values. Whether you listen to them is another subject. 

When your core values are violated you become defensive, upset, annoyed or unsettled. When your core values are honored, you are more at peace, happier, and confident. Identify your core values first, then you will be able to make decisions with more clarity and confidence. 

LIFE DESIGN

Ideally, we want our businesses to accommodate our lives. But if you don’t know what you want your life to be, how is your business supposed to accommodate it. Get to know the details of your future life. Allow yourself to dream and really open up. Be honest with yourself. Be detailed. Otherwise, you’ll find yourself running a business that fits the habits you’ve learned while working a job. How fun is that? 

TARGET AUDIENCE

Your target audience is the one person you will speak to in your marketing. It is the one person you will serve. You’ll need to know her demographics, likes and dislikes, preferences and mood. The more you know about the one person you choose to serve, the easier it is to create copy, products, services, and offerings that will resonate deeply with their beliefs and needs. Once your target audience knows, loves, and trusts you, they will choose you over any other less expensive and flashy offer any day. You will have their loyalty. 

Start speaking to your target audience early. Even if you don’t have a product or service yet. You want your audience to eagerly await your voice, advice, and offerings. Talk to them about what is important to them.   

FLAGSHIP PRODUCT

Flagship products and services are your main offering or signature offer. Done right, flagship products and services can help you establish you and your business as specialists and not generalist. Remember specialist are brain surgeons. Brain surgeons have fewer patients, but they are paid very well and much better than a generalist. Generalists are your primary care physicians. They service a broader patient list, but are generally paid less and have to work harder. You want to be a specialist. 

BAR TO ENTRY

Bar to entry basically describes the minimum requirements to establish your business. What are the time and financial investment necessary for success? What are the regulatory requirements to be legal? For instance, operate as a successful attorney in your own law firm, you need to pass the bar exam and be licensed in the state in which you operate. To pass the bar, you’ll need your bachelors and masters degrees specifically focused on law. 

E-COMMERCE, BRICK AND MORTAR, OR BOTH

At some point, you’ll need to decide how and where you’ll offer and deliver your products and services. You need to also consider your personality, mental health, and physical needs. Make sure that you are able to deliver your offering to your audience in a way that will not mentally or physically hurt you. Small business ownership is a huge stressor. You’ll need to keep yourself healthy and strong if you are going to be successful. Of course, you want to keep your target audience in mind. But remember, if you are having a problem delivering your offering, your business will not be sustainable. Your customers will go elsewhere. 

EVALUATING PROS AND CONS

Once you decide on a business idea, you’ll need to evaluate the pros and cons. This helps you look at your idea from a broader view and recognize obstacles and rewards that weren’t identified from a narrower view. 

 

 

Reserve your complimentary coaching session today at https://calendly.com/lastco/discoverycall/

Website: www.lifeafterservicecoaching.com

Phone: (864) 671-0414

Email: info@lifeafterservicecoaching.com

 

Music: Sample of "Butter Angels" performed by Ethan "Mobius" Gist; https://soundcloud.com/mo_bius

Host By: Rolande S. Sumner, Owner & Founder of Life After Service Transitional Coaching LLC

Episode 35: How To Get A Small Business Loan When The Banks Are Determined to Turn You Down with Christopher Porter

Christopher Porter is Senior Executive at Porter Financial Consultants. His mission is to provide “Access” to capital for those seeking funding assistance. Mr. Porter has been very vocal in his outreach efforts to change the perception that people can’t get a loan due to “Poor Personal Credit”.

 

Mr. Porter has spent a lot of time, specifically challenging people in inner cities to realize their financial dreams, of being a small business owner. “Porter Financial Consultants has all of what clients need to go from Poor Credit with No Options to their Grand Openings within a matter of months!”

 

Mr. Porter attended St. Vincent College, of Latrobe, PA and studied psychology. He’s spent over 15 years counseling young teenage boys and girls, coming from backgrounds such as; Sexual Abuse, Suicide Attempts, Physical Abuse, Neglect, and Runaways. He has also served on several boards and was in senior management at Walmart’s Company. He is currently authoring a book on business credit. Porter Financial Consultant was founded in 2017, under the Credit Suite Inc. umbrella. An active member in his community, Mr. Porter ascribes his “Faith as a Christian”/ that helps him reach out to others. He also founded “Rise of the Black Phoenix” Facebook group. A Conservative Christian Support Group.

 

Porter Financial Consultant is the fulfillment of my dreams in truly helping others to Succeed.”

 

Where you may find him.

 

Website: https://www.porterfinancialconsultants.net/

Receive a free ebook “Establishing Business Credit Without Using Your SSN”

Twitter: https://twitter.com/porterfcusa

YouTube: https://www.youtube.com/channel/UCjpV7hh8SguTUZqqIYhHR3g

Google+: https://plus.google.com/u/0/104944757172000115484

 

Personal/ Consumer Credit

 

Lexis Nexis: https://www.lexisnexis.com

Chex Systems: https://www.chexsystems.com

Credit Check Total: https://www.creditchecktotal.com/

 

Business Credit

 

Employment Identification Number (EIN): https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online

NAIC/SIC Code: https://www.naics.com

 

MINORITY BUSINESSES:

  1. Union Bank. https://unionbank.com/small-business/loans-credit/diversity.lending
  2. Notes: lines of credit up to $50,000.
  3. Secured fixed and variable rates.
  4. Must be in Business - 2 yrs. Revenue must be under 15 million!

 

  1. National Minorities Supplier Council - http://www.nmsdc.org/
  2. Helps you get certified as a MBE's
  3. Connects you with opportunities to Network.
  4. Access to working capital with long term financing.

 

  1. SBA8(a)
  2. Helps minority owned businesses develop and grow.
  3. Counseling Management  Guidance.
  4. Qualifies you for a SBA7(a) working capital loan
  5. Interest rates around 7%

 

                                   OTHERS!

  1. Department of Commerce Minority Business Agency (MBDA)

    Minority Business Development Agency.

    ACCION USA - Loans up to $50,000.

    Delaware Access Program.

 

WOMEN IN BUSINESSES: Small Business Grants for Women:

  1. Zion Banks Smart Women Smart Money - $3,0000.
  2. Women's Veteran's Entrepreneur Corp. - Small Business Competition.
  3. Huggies Brand mom Inspired Grants - Up to $15,000.
  4. Fed Ex Think Bigger - Get a portion of $75,000
  5. Ideas Cafe' Business Grants - Up to $1,000.
  6. Chase Google Mission Main Street Project - Grants up to $150,000.
  7. InnovateHER - Innovate for Women's Challenge Spons. SBA $30,000.
  8. Crowd Funding Plum Alley, Women 2.0, Moola Hoop.
  9. ACCION USA J. Delaware Access Program.
  10. Garmeen Bank - New York.
  11. Women's Economic Ventures (State Specific!)

 

VETERANS FUNDING OPTIONS INCLUDE:

  1. Military Reservist Economic Injury Disaster Loans - SBA.
  2. SBA Express -Loans up to $50,000 lines of credit, up to 7yrs. terms.
  3. Patriot Express - Loans up to $500,000. No collateral up to $350,000.

 

Discounts For You

Dubsado, Receive 20% Off First Month: https://www.dubsado.com/?c=lastco

GSuite Account Sign Up: https://refergsuite.app.goo.gl/r9fu

Use GSuite Promo Code

20% Off Business Plan: K4Q6HR93HEFLKRD

20% Off Basic Plan: RCDTUVG4Q7JPDYL

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Reserve your complimentary coaching session today at https://calendly.com/lastco/discoverycall/

Website: www.lifeafterservicecoaching.com

Phone: (864) 671-0414

Email: info@lifeafterservicecoaching.com

 

Music: Sample of "Butter Angels" performed by Ethan "Mobius" Gist; https://soundcloud.com/mo_bius

Host By: Rolande S. Sumner, Owner & Founder of Life After Service Transitional Coaching LLC

 

Episode 34: Filling The Void For Women Veterans with DeAndria Hardy of The Battle Betty Foundation

DeAndria L. Hardy is the founder and Executive Director of the BattleBetty Foundation, a nonprofit organization whose mission is to lessen the impacts of homelessness affecting women veterans. The BattleBetty Foundation plans to offer transitional housing, community wellness, and case management to women veterans and their children. When not working towards bringing BattleBetty into operational status DeAndria, and her service dog Liberty, serves as an AmeriCorps member at the United Way of the Piedmont. DeAndria is a United State Marine Corps veteran, honorably discharged in 2014. She earned her Bachelor’s degree from the University of South Carolina. Today, she continues to apply her dedication, decades long leadership experience, and tenacity to raise awareness and bring change for women veterans of the Upstate.

 

http://www.facebook.com/battlebettyfdn

http://www.linkedin.com/company/the-battlebetty-foundation

http://www.instagram.com/battlebettyfdn

www.battlebettyfoundation.com/home

 

Discounts For You

Dubsado, Receive 20% Off First Month: https://www.dubsado.com/?c=lastco

 

GSuite Account Sign Up: https://refergsuite.app.goo.gl/r9fu

 

Use GSuite Promo Code

20% Off Business Plan: K4Q6HR93HEFLKRD

20% Off Basic Plan: RCDTUVG4Q7JPDYL

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Reserve your complimentary coaching session today at https://calendly.com/lastco/discoverycall/

 

Website: www.lifeafterservicecoaching.com

Phone: (864) 671-0414

Email: info@lifeafterservicecoaching.com

 

Music: Sample of "Butter Angels" performed by Ethan "Mobius" Gist; https://soundcloud.com/mo_bius

Host By: Rolande S. Sumner, Owner & Founder of Life After Service Transitional Coaching LLC

Episode 31: Isna Tianti Heals Military Trauma with Spoken Word

Isna Tianti is first and foremost a child of The Most High. Secondly, a proud mother of three Behuetiful seeds, a three time published  author, multi-talented artist, veteran of the USAF and entrepreneur. 

Isna Tianti is a lauded Poet, Spoken Word/Visual Artist, Designer, & Motivational Activist. 

She has been writing poetry and drawing since the age of five; a print model since the age of 9 and runway model since the age of 19.

Isna Tianti has modeled for Proline, African Couture Designer Ahneva Ahneva, Revlon, Cross Colours Clothing Line and was selected as BET’s Poster Girl in 1991. She was also crowned Miss African Times Los Angeles in 1992. 

After losing her mother in 1992 in a MVA in which she was the passenger & then another MVA during her military career, Isna suffered with survivors guilt and depression. Yet she pressed in and was determined to beat all odds set against her. 

Isna Tianti made it her sole mission to trade in her “runway modeling” for "role modeling"  turning her pain to gain. She knows  her life was spared to share. One of her favorite quotes from her recently written and released book Quoetically Speaking: “You don’t need LEGS to leave a LEGacy, you just need heart todo your part.” 

 

Website: www.followisnat.com

IG: its_isnatianti

FB: ITS Unlimited /Isna Tianti 

 

Discounts For You

Dubsado, Receive 20% Off First Month: https://www.dubsado.com/?c=lastco

 

GSuite Account Sign Up: https://refergsuite.app.goo.gl/r9fu

 

Use GSuite Promo Code

20% Off Business Plan: K4Q6HR93HEFLKRD

20% Off Basic Plan: RCDTUVG4Q7JPDYL

__

Reserve your complimentary coaching session today at https://calendly.com/lastco/discoverycall/

 

Website: www.lifeafterservicecoaching.com

Phone: (864) 671-0414

Email: info@lifeafterservicecoaching.com

 

Music: Sample of "Butter Angels" performed by Ethan "Mobius" Gist; https://soundcloud.com/mo_bius

Host By: Rolande S. Sumner, Owner & Founder of Life After Service Transitional Coaching LLC

Episode 29: 10 Tips To Decide What Business You Want To Start

This site contains affiliate links to products. We may receive a commission for purchases made through these links.

In this episode I share 10 tips you should use in deciding the business you want to run. 

 

 

GSuite Account Sign Up (Paid Link), Use GSuite Promo Code

20% Off Business Plan: K4Q6HR93HEFLKRD

20% Off Basic Plan: RCDTUVG4Q7JPDYL

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Website: www.lifeafterservicecoaching.com 
Phone: (864) 671-0414
Email: info@lifeafterservicecoaching.com

Music: Sample of "Butter Angels" performed by Ethan "Mobius" Gist; https://soundcloud.com/mo_bius

Host By: Rolande S. Sumner, Owner & Founder of Life After Service Transitional Coaching

 

Affiliate Disclosure:

Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.

Episode 28: Is your hustle a hobby or a business?

This site contains affiliate links to products. We may receive a commission for purchases made through these links.

According to the IRS, SBA, and SBDC your hustle is not a business, but a hobby. Why is that? Well, I'm going to explain that to you and how you can fix it. 

DCAAM 7641.90 - Information For Contractors, paragraph 4b-d

WaveApps: https://www.waveapps.com/

GSuite Account Sign Up (Paid Link), Use GSuite Promo Code

20% Off Business Plan: K4Q6HR93HEFLKRD

20% Off Basic Plan: RCDTUVG4Q7JPDYL

 

Corporate Kits

- Acorn Sales; www.acornsales.com
- Blumberg; www.blumberg.com
- CorpKit; corpkit.com

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Website: www.lifeafterservicecoaching.com 
Phone: (864) 671-0414
Email: info@lifeafterservicecoaching.com

Music: Sample of "Butter Angels" performed by Ethan "Mobius" Gist; https://soundcloud.com/mo_bius

Host By: Rolande S. Sumner, Owner & Founder of Life After Service Transitional Coaching

 

Affiliate Disclosure:

Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.

 

Episode 14: Session 1 Recap & Why I AM Closing Butter Angels Handcarfted Skin Care

In this epsiode I provide a brief recap of session 1 as well as tell you what you should expect for session 2. I am also going to share the big news of Butter Angels' closing and what's happening next. 

 

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Sister Soldier Entrepreneur Inquiry:  http://www.sistersoldierentrepreneur.com/p/guest-bloggerinterviewee.html

Newsletter: http://eepurl.com/dfypqr 

Retail Website: https://butterangels.com

Phone: (864) 986-4569

Email: info@butterangels.com

Music: Sample of "Butter Angels" performed by Ethan "Mobius" Gist; https://soundcloud.com/mo_bius

          Sample of "Living Pulse" performed by Go Goes

Host By: Rolande S. Sumner, Owner & Founder of Butter Angels

 

Episode 1: What is Sister Soldier Entrepreneur?

Watch Now:

Sister Soldier Entrepreneur is a media source powered by Butter Angels LLC®, created for African American women veteran entrepreneurs. We cover entrepreneurship, beauty, health, veteran issues and more.

Rolande S. Sumner, CEO & Founder of Butter Angels Handcrafted Skin Care®Rolande S. Sumner is a Retired US Army Veteran and the CEO and Founder of Butter Angels Handcrafted Skin Care, where natural vegan skin care is formulated and handcrafted with exotic ingredients from around the world. She makes lotion bars, body butters, body oils, and lip moisturizers. In addition to providing retail products, she also wholesales, private labels and customizes products for her clients. Her clientele includes retailers, event planners, and individual private parties want to make a slash.

Rolande’s mission is to enhance the beauty of powerful women with quality skin care and though encouraging messaging, inspirational stories, powerful imagery. She acknowledges that a woman's glow comes from within. She just wants to enhance that glow.

 

Sister Soldier Entrepreneur Inquiry:  https://butterangels.com/pages/sistersoldierentrepreneur

Retail Website: https://butterangels.com

Phone: (864) 986-4569

Email: info@butterangels.com

Music: Sample of "Butter Angels" performed by Ethan "Mobius" Gist; https://soundcloud.com/mo_bius

Host By: Rolande S. Sumner, Owner & Founder of Butter Angels