“Secrets” to a Successful Stampin’ Up! Business
August 9, 2010 by Andrea
Filed under Building Your Business, Current News
After I earned Founder’s Circle and the Alaska cruise this year, I was asked to share what I saw as some of my “secrets” to a successful SU business. I decided that these are tips that some of you might find useful so I thought I’d post them here.
There are a lot of factors that contribute to running a successful SU business – one where you can earn a good income and acheive big goals like Founder’s Circle or the incentive trip. I always find it hard to answer these kinds of questions because for me anyways, there is no one answer. It’s an approach that I take to my business, a frame of mind I suppose you could say, which then influences the activities that I follow through with to achieve my goals.
I think the biggest and most important thing is to HAVE a goal. In a post to the LNS Demo Only group, Patty Bennett said “Be true to who you are” – that is a very powerful truth. You have to set your goal for you – it has to mean something to you, be in keeping with your values, and with where you are in life. For example, I set my goals of earning the incentive trip and Founder’s Circle 3 years ago. I earned Bermuda, but then for the next year and a half had to take a step back from my SU business when our life as a family turned upside down (new baby, moving, renovations, moving my grandparents in, my grandmother getting ill and passing away, etc.) A whole slew of things, all one after the other. Although it was really hard to put my SU dreams on hold, I needed to focus on my family. Once things settled down, I was able to re-focus on my business.
Once you have your goal, you then have to figure out how you are going to achieve it – you need to break it down.
Work your business consistently. I put time into my business consistently 5 days a week. I try not to work weekends because that is a commitment I made to my husband – that weekends would be family time.
Love what you do. Don’t try to fit yourself or your business into somebody else’s mold. Just because someone says “you should be doing this for your business” doesn’t mean you have to, if you really hate doing it. There are many paths to a successful business – you have to find the one that works for you.
Use your business as a means for blessing others. I look at my business as my ministry. I look for ways that I can use my business to touch other’s lives. It may be through sharing and inspiring, it may be through gifting those that are struggling or less fortunate with SU products (I often donate product to local charities and organizations), it may be through providing employment.
Value your time and your expertise. Charge what you are worth. If you want to make money through your SU business then you need to start thinking like a business person. I see way too many demos that undervalue what they have to offer, and undercharge for their classes and events.
Make your choices in terms of what is good, better, best. There are a lot of good things that we can do for our business, but, in reality we don’t have enough time to do everything. So when I think about what I am going to invest my time in, I think about which of my choices will yeild the best returns for my business.
Anyways, there is lots more, but I think these are some of the key things that I do.
Andrea Walford
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Thank you Andrea! Wise words. Especially charging what you’re worth. I see time and time again, women selling themselves short. I’m guilty of it too. I’m cheap though, and always think of what I’d be willing to pay for a class when I price it. Do you have a basic structure that you use to determine fees, or does it vary?
Andrea, I found your words very inspiring. I started out with Stampin’ Up! in 2004 as a hobbyist demo. I quit early in 2009 because I was spending too much money. In June 2010, I rejoined because I couldn’t stand to stay away from this wonderful company! I rejoined with a commitment to myself to have a successful Stampin’ Up! business. I’ve been holding workshops, have John San Pietro’s books and CDs and read something which is business-related daily. I haven’t made a fortune yet, but have made enough to let me see clearly that setting goals and being consistent is the way to go! I look forward to your newsletters.
Andrea, I had to forward this from home to read on my lunchhour at work, because I just don’t have enough hours in a day anymore. I really enjoyed your tips about goals… which I’m really trying to do now. My biggest struggle is figuring out how to go to “what I love” from “what I have to do”. I have to work a full time job….. so how do I get from that… to doing SU full time. Seems I can’t find a path. I’m not sure if you have ever worked outside of SU, but I’m really hoping in the future you comment on this topic as I know I’m not the only demo out there in my shoes.
Thank you for sharing this! I’ve just recently started my first Stamp Club and this is exactly what I needed to hear. My upline gave me some great advice very similar to this and so it was nice to have it reinforced. I’m still feeling things out and trying to figure out which direction I’m headed in. Not the easiest thing to do!
But staying true to myself sounds like a pretty darn good place to start!