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Ep. 224 – Why When You Begin To Make More As A Business Owner You Step Into A New Position Of Power

March 22, 2019 By Alexis Fedor

http://traffic.libsyn.com/artistsinbusiness/Artists20In20Business20EP224.mp3

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Why Stepping Away From Your Business This Time Of Year Is CounterproductiveWhat is your internal temperature when receiving revenue?

This is such an important question that we’ve been going over the last couple of weeks. The reason it is important for artists to begin to make 6-figures as a business is because when you make that amount in your business the business can then afford to pay you a salary.
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Here’s the rub…
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The big issue that almost every single person runs into, myself included, is that when you start to make more as a business owner you step into a new position of power within ourselves. A new form of internal leadership is gained, a self-empowerment.
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In order to take that step, we are inevitably faced with challenges that we’ve never really looked at before. That we never thought would be an issue before. The one that I am referring to here is when you start to make that 6-figures as an artist in business.
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Now the question I posed last week was is it harder to make 6-figures? Or is it harder to internally accept and receive the 6-figures revenue that comes into your business and know that you’ve gotten yourself to that next level?
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9 times out of 10 it’s the later that is harder!
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Stepping into your power and being able to receive that revenue will jar your nervous system like nothing before.
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Last week I talked about how when I made my first 6-figures I immediately invested $34,000 into a coach. That was the wrong decision for me to make at that time.
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Why did I immediately invest that $34,000? That is the most important thing to look at because it gave me the perfect opportunity to grow because I did it for a very specific reason.
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We have the most charged energy around money because it is an energy in our lives and we have to deal with it every single day. So we have relationships to it that are so personal to us that will start to come out when you start to break past what your nervous system is use to making.
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What I want to share is that as an artist in business in this day and age It is important to make high 5 or 6-figures in revenue. You then need to pay yourself from that revenue because that is how you can create longevity, consistency and predictability in your business with your art.
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I invite you to embrace that idea!
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Allow your resistances on this idea to come up but now take your first action step in setting yourself up to make enough that is just outside of your comfort zone.
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Here’s how you want to do that, create a good, better, best scenario.
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To create this scenario just take the number you came up with from last week about how much you envision yourself making as an artist to feel like you could have a sustainable business. Take that number and put that down as your best then work backward to come up with a better and a good. Your good should just be outside of your comfort zone.

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  • Working with Alexis helped give me the clarity I needed to target my goals and create a solid foundation so that I could begin to THRIVE as an artist/ entrepreneur. She was the missing link I needed to help bridge my ideas into reality. Not only is she extremely kind and patient but most importantly… she knows her stuff! I feel so fortunate to have had the chance to work with her and I know you’ll be too! Take the leap to the next level!

    Fiona Bates, Actor
  • Alexis is one of the greatest listeners I’ve had the pleasure of working with. Her ability to listen leads to her offering intuitive and enlightening advice for your business and your life, opens doors you didn’t know were possible or wouldn’t have otherwise known were there! While working with Alexis, I experienced monumental shifts in my thinking every single week, giving me more clarity and confidence as an artist and as a business person.

    Jillian Walker, Actor/Musician/Entrepreneur/Thought Leader
  • Working with Alexis, I feel like a weight has been lifted off my shoulders and I feel much more hopeful for the future, because now I know exactly what steps I need take to change my financial situation. Now I understand that only I can make my financial situation better by taking action right now and that my acting career will absolutely benefit from the energy I put into being more lucrative by taking the steps Alexis helped me discover. Her positive encouragement was essential to this process, she was always very supportive and responsive to any questions I had. I’m so thankful I was introduced to Alexis, it sounds cheesy, but honestly, she helped me change my life for the better.

    Bonnie White, Actor
  • Alexis Fedor is a consummate professional with the uncanny capacity to understand what your business’ needs are before you even know them yourself. Beyond diagnosis, she is able to structure systems to help you meet those needs in manageable, sustainable ways. Plus, she is the dearest, kindest creature on the planet- be ready for an enjoyable and productive ride!

    Caley Vickerman, Guerilla Haiku
  • Alexis edited my e-book PURGED, The Literal Regurgitation of an Anorexic Bulimic. I was instantly comfortable with her, feeling confident that she valued my work and had my best interests at heart. Her nature is very nurturing and gentle which were necessary for me as PURGED is an extremely personal and often difficult story to tread through. Alexis was aware and sensitive to this. She helped turn my coherent, although disorganized, written thoughts into a piece of work that I was proud to publish.

    Shane K. Rotkis, Author
  • Resourceful and sophisticated, Alexis has cutting edge knowledge of social media opportunities and can tailor a strategy accordingly. I fully recommend her.

    Mady J. Schuman, Senior Vice President, Campaign and Leadership Giving, American Cancer Society, NYC
  • Alexis Fedor understands the fundamentals of building a successful business. She cut her teeth on trial + error and by taking risks and diving into the backcountry of the entrepreneurial world. Her expertise is hard sought and her accomplishments well earned. I’ve had the privilege of stepping behind the scenes. Trust me – you will be dazzled. 

    Janice Hoffmann, Project Coach/Field guide/Creator of Creative Trails
  • I learned more about business development, online marketing and social media in one hour with Alexis than I had on my own for four years. I trusted her immediately, for good reason. I hired her immediately for my clients, and we were thrilled with the results.

    Roger Webster, Webster Light Grant Communications
  • Alexis has wit, charm and confidence that comes from understanding how a business needs to operate. It is from this place that she creates business plans that align with your goals as a company ready to grow. Stick with her. She will help you turn your business around with precision and grace.

    Alison West, Owner, Yoga Union NYC
  • Alexis’ energy precedes her when she walks into a room. To know her is a gift. To work with her is good news for your spirit and your business. She has both sides of the brain working in all the right ways.

    Mack Burns, CEO, Body And Mind Works
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