Hey there! Thanks for popping into my 5 Freedoms Life. I'm your host, Suzanne Klein, a former elementary teacher, who using the skills we all have as teachers, I started an online business that I grew to 10 million dollars in sales and 10 years later sold that business and now I’m teaching you how to do it too!
Thanksgiving has come and passed once again, a time when Americans eat too much food, spend time with family, and educators have a well-needed break after a few months in. And as always, it's the perfect opportunity to reflect on what you're grateful for. And, as it turns out, my Father who was supportive of me starting my own business back in 2007, turned 80 on Thanksgiving. So, it made me stop to think about what I’m thankful for and I thought I would go behind the scenes with you and share a video I made for my father on his birthday as heartfelt gratitude for supporting me in my journey into entrepreneurship.
And why not tell our peeps we’re grateful for them? After all, middle-gratitude has been proven to increase health and happiness. In fact, studies have shown that people who practice gratitude experience fewer aches and pains, feel healthier, are more resilient, and even sleep better than those who don't. Thanksgiving or not, everyone should make a habit of practicing gratitude.
This year I developed a new practice where every morning I remind myself of what I'm most grateful for in my morning journal. And, always the gifts of entrepreneurship are at the top of the list. I’m listing my top 10 reasons why I’m so thankful to be an entrepreneur not a teacher anymore.
Stay tuned until the end as I’ll be sharing a freebie that you can use to rank what’s most important to you about being an entrepreneur.
So, here's my top 10 reasons I’m thankful to be an entrepreneur:
In the media, we see famous entrepreneurs who grew their startups into huge multinational corporations and became incredibly wealthy. But the reality of entrepreneurship is far less glamorous.
The biggest entrepreneurial low point I ever hit was in my former company, WriteSteps, that I started in 2007 and sold 10 years later. Well, in that time I had hired a national sales director, also named Suzanne, and a year later I realized she was doing more harm than good. I let her go and she ended up suing me for some BS and right during a new product roll out. I settled the bogus lawsuit as it was going to cost me more money to fight. I lost a chunk of money, and it was devastating to give in to false claims. But what kept me going was my purpose.
To have a purpose like this is a gift. Many people trudge through their day watching the clock. But my purpose as an entrepreneur has given me genuine satisfaction in my work. And for this, I am thankful. This is one of the 5 Freedoms: purpose freedom.
When you're an entrepreneur, you're doing everything for the first time. Uncertainty makes you second guess yourself. In times like these, I try to accept and embrace that uncertainty.
I've built 4 companies from the ground up. This is immensely gratifying, and I am so thankful to have had such an opportunity.
One of the best things about being an entrepreneur is that you get to handpick your team. That's a pretty amazing perk. I always look for people who are eager to learn and are excited about trying new things. We're a quirky bunch, and it's great. I'm thankful to work with such a passionate, energetic group of people every day. This is another one of the 5 Freedoms, people freedom.
As a digital, online entrepreneur, I can live and work from anywhere I have an internet connection. Now living in the Cayman Islands, is a true gift and I pinch myself everyday for this blessing. And, that I can flex my schedule and go to the beach any day I want. And, I go to hot yoga at 10:30 every Monday and Friday. Something I could never do if I was a teacher. Also, one of the 5 Freedoms, this is time freedom.
I'm in a unique position because I work with my customers, they’re my clients. I help teachers all over the world find more passion and purpose in their life when they’re no longer feeling like teaching is what they want to do. My teacher clients grow and change from one private coaching session to the next. I can sense when they’re more confident and creative and are excited to make that leap into launching their own business. And I am ever grateful for the opportunity to see this impact.
On really tough days, it's easy to feel defeated. In times like these, I've been able to turn to a network of wonderful people.
My close friends and family have supported me through it all. Without them, I would never have been able to power through self-doubt or scary, unstable business quarters. At the end of the day, entrepreneurship's challenges will push you and challenge you like no other job could. But the euphoric highs of winning and the opportunity to see a vision come to life will keep you charged up!
I would consider myself a very creative person. I long for opportunities to try new things and think about wild and crazy marketing ideas, only to see that they actually could work.
With many jobs, teaching included, regardless of how hard you work, or how much improvement your students make, you still get paid the same as someone who does very little. Also with teaching, the only way to climb the ladder and make more money is if you want to become an administrator. That was never appealing to me--more headaches and stress. And, the pay wasn’t that much better. So, as an entrepreneur there’s no cap on my pay. This is truly how to reach financial freedom, one of the 5 Freedoms.
Honestly, I really don’t think I could ever go back having someone tell me what to do and when. I love being my own boss, it suits my independent nature. I’m the one who calls the shots and I’m also the only one to blame when something doesn’t get done by me. Not everyone is suited for this, as some people need more direction. But, it really works for me and in my book it’s the only way to be!
Entrepreneurship, starting and having your own business is really the only way to have all 5 of the freedoms. To have time, location, people, financial and purpose freedom, well they can only be gotten through being your own boss. Trust me on this one! I’ve done the research, I’ve searched high and low and to be able to get an all 5 Freedoms life, well, it’s only gained through entrepreneurship!
There is so much to be grateful for in being an entrepreneur. I’ll never lose sight of this!
So, now it’s your turn. What do you most look forward to in being an entrepreneur? I’ve created a top 10 list that teachers in our Facebook group, Educator 2 Entrepreneur, have voted on. We took their top 10 and put them on this list. My suggestion is to help you get clarity on why you want to be an entrepreneur, or as a reminder to why you’re doing what you’re doing, if you already are one, and rank them 1 through 10, 1 being your top number 1 benefit for being an entrepreneur. I would love to hear what your number 1 is. Do let me know in the comments below! And, if you haven’t joined us in our Facebook group, we would love to welcome you!
Remember, you can rewrite your future with an online business, and I can help!
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