Category: Lifestyle

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Tips for Starting Your Home Based Service Business

The current trend is towards more home-based businesses. They require lower overhead and startup money making them easier for entrepreneurs with limited fund. If you are thinking about starting a home-based service business, here are a few tips for getting started on the right foot. What is a service business? Service businesses are those that provide help to others. This can be anything from mowing the lawn to managing business accounts. The basis of a successful service business is one that supplies a need. In your area, it may take some research to discover the top service needs and then figure out which one you can provide. Benefits of a home-based service business There are several benefits to running a home-based service business. First of all, you can run the business from your home. Since you already pay a mortgage, utilities and car payments, the only thing you need spend money on now is ...

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Because You Deserve It…

I'm not sure if you celebrate Christmas, but it's one of my favorite holidays and I wanted to make this season special for you too this year. Christmas is a time of giving and even though I keep giving throughout the year too, this time of the year is my absolute favorite. Nine years ago, in December 2002, my nonprofit organization  JONA was born and 6 years ago, in November 2005, Mother's Centre "The Sun" was officially opened, both in Slovakia, heart of Europe. If you've been in my space for a while you know that I'm very passionate about making difference in the lives of families. With this year's growth that we've experienced at Magnetic Look, I decided to give back to my small business community. Which means that I'm about to make a difference in your business and life. Next Thursday I'm hosting a free teleclass where I'll take you BEYOND ...

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Small Business: Definition and Facts

Small business can be considered as a form of business in which it is owned and controlled by a private sector. It generates a reasonable low amount of sales and provides work for a minimum quantity of employees. Small trades are typically owned by companies, partnerships or perhaps a single proprietorship. It is known that the legal description of “small” differs by nation and by the type of industry and usually has fewer than 15 workers if it’s under the Fair Work Act of 2009 or 50 employees if under the European Union, and less than 500 workers if qualified through the Small Business Administration of the United States. Aside from that, this industry is also classified based on other methods like sales, net profits, or sales. There is a widespread of this category of business in a lot of countries although it usually depends on a specific economic scheme that ...

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Tips on Goal Setting

Goal setting is not just an exercise that you can accomplish immediately. In reality, setting business goals is a progression of steps, a direction to achievement. Follow the following tips so that you can start creating goals and then begin the process of completing it. The first step is for you to choose goals that are useful and relevant. Many business owners tend to choose goals that are meaningless and pointless. This is actually just a waste of time and you will surely regret not being able to feel any sense of achievement. Keep in mind that the main idea of goal setting is to push us forward so that we can encourage positive change. In order for it to be relevant, keep in mind that your business goal should be profitable in any sense. It does not necessarily mean that your objective has to be measured through the monetary factor, ...

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Success Strategies for Your Small Business in 2011

I love brand strategy and strategic planning in general. There's probably no one else out there who enjoys charts as much as I do (just ask anyone who had the opportunity to work with me - lol). Today I decided to share with you some discoveries I made simply by looking at my charts throughout this year. So what exactly happened this year at Magnetic Look? First of all, we completely re-branded Magnetic Look, redesigned all the websites and our Magnetic Brand ezine. We started My Magnetic Blog to support small business owners in their branding endeavors. We held our first ever Stand Out and Thrive telesummit. ...and we had a blast! We opened a YouTube account and started to shoot video clips. We offered brand new products and services to support you in building a successful brand at much shorter time than you ever could on your own. We started some strategic partnerships to bring even ...

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Does Your Small Business Need Goal Setting?

Setting specific goals for small business in terms of planning will definitely make a difference and boost your success multiple times. This will also help you get ready and set you up for a success rather than failure. When you have a specific goal, then you will also have something that will allow you to incorporate a specific action plan which will outline the process on how you will achieve your goal. This will also give you a performance measure that will give you an advice on how to evaluate the same goal. The performance measure of your goal can oftentimes be a date or perhaps a certain length of time. However, it can also be any objective theory that you can utilize to determine if you were able to complete the goal that you’ve set for ...

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Extraordinary Lifestyle

Author: Silvia Pencak There's a new trend out there. There are many people making big money online, living extraordinary lives and they all have something in common. People like Gary Vaynerchuk, Bernadette Doyle, Fabienne Frederickson, Yanik Silver, Carrie Wilkerson or Paul Evans have something in common. They all value personal growth, "me" time and their families. Even though they probably make more money than you right now, even though they live a different lifestyle than you do, they aren't that much different from you. They love their close ones, value their friendships, they even have their bad days. So what makes them different? I believe there are couple keys that can help you get more done, change your lifestyle and make your life easier. Let's mention the most important ones to help you get started. Mindset If you've been in my space for a while you know that I am not a fan ...

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How To Be a Go-Getter

Author: Silvia Pencak "Have no fear of perfection, you'll never reach it. " Salvador Dali I know, I know... Nothing is perfect, it's just waste of my time, but what if I just can't help it? What if I really CAN do everything better than anyone else, what if I just add couple more sentences... and maybe find another picture... If you can't let go unfinished task, you can't trust other people's expertise and you can't sleep at night because there's still plenty of work waiting for you at your desk, in the kitchen or somewhere else, we need to "talk". Do not understand me wrong. I like job well done and I appreciate job well done, but striving for "perfect" will wear you down. Think for a minute. How much did you really get done today? And how about this week? This month? If you're ready to get more done, check ...

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Living a Dream Life

Author: Silvia Pencak It's been a couple of weeks since we moved into our new house. Challenging as the move can be, I must admit that I'm loving our new place. View from our master bedroom (see the picture) is gorgeous! I feel like I'm still dreaming when I open my eyes in the morning. We always used to have small rooms, small space and it seems I became a master in making the most out of small spaces. But here I am in 4,000 sq. feet house with my kids telling their friends they must be princesses because they live in a real castle. Ha-ha. Next week we'll be celebrating 4 years since coming to Canada and unbelievable as it seems we're loving what we live. Does it mean that we are where we want to be? Does it mean that we've achieved all we wanted? Of course not! But we certainly ...

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What I’ve Learned From Slovak Hockey Team at the Olympics

Author: Silvia Pencak I don’t know about you, but here at my place we live Olympics. Late nights and early mornings mean lack of my beauty sleep and it’s starting to show on my face. My dark circles are getting even darker and I need 2 extra layers of concealer to look normal during a day. Uff! But you know what? Watching these men and women performing their best after 4 years of hard work reminds me that there’s time for hard work, but there’s always a reason for hard work. So what’s yours? What do you want to achieve? Where do you want to be in couple of years? How do you want to look? Who do you want to be? What is your reason why you’re doing what you’re doing? Once you figure it out, taking some “ME” time, taking care of your body and mind, working towards your ...

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