Participation trophies convey the message that “we are all winners” – just for showing up.

They may have a place in kids sports, but let’s be clear, there are no participation trophies for choosing to become an entrepreneur.

Making the jump from the “security” of a job with direct deposit, health insurance, and paid vacation is to be applauded for sure.

After all, it takes a lot of courage to go out on your own.

However, minutes after celebrating the arrival of your new glossy business cards and the launch of your state-of-the-art website, it starts getting real very quickly that being a small business owner sucks, if you don’t generate enough revenue to pay yourself.

(Ask me how I know!)

Entrepreneurs and small business owners who do make it and achieve high levels of success, do show up every day, and they also do several things correctly.

Here are 5 things that require much more than simply showing up.

Get good at these things, and you’ll be able to afford a real trophy for yourself!

  1. Create an in-demand product or service
  2. Create an amazing brand
  3. Consistently market your irresistible offer to the right audience
  4. Learn the difference between gross and net (see quote #10)
  5. Learn how to become an effective rainmaker – without cashflow, you have no business (see part #5)

If you’ve decided that 2023 is finally going to be your year, hire me as your coach and I’ll help you win a real trophy worth celebrating!

Cap't Jim Palmer, The Dream Business Coach

Cap’t Jim Palmer, best known internationally as the Dream Business Coach, is creator of the Dream Business Mastermind and Coaching Program and host of Dream Business Radio – a weekly podcast based on Jim’s smart marketing and dream business building strategies. He is also the founder of Success Advantage Publishing.

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