by admin | Jan 1, 2021 | Blog, Uncategorized
If 2020 has taught us anything at all, then surely it’s that we need to be prepared for the unexpected and be as adaptable as we can be. So how can you use this knowledge to organize your finances to make you more secure?
So what I’m sharing with you today is things we can do to cover ourselves. Making sure we cover all the bases and essentials, plus investing in our childcare businesses and us. Because investing in ourselves is key to growth.
Does the word “finances” fill you with dread?
Since I’ve been running my own business, I’ve got a lot more comfortable talking about money. The ins and outs, the profit margins and invoices. I’ve written about it before over here, and in other places too!
It’s strange, because although we know how important money is, and how finances impact our lives daily, it seems that we don’t like to talk about it much. There’s definitely a touch of taboo when it comes to discussing the green stuff.
Recently, I posted about finances in my Facebook group and it turns out that not many Childcare Ninjas are feeling the topic! But what I want to change is how we view money. Because it is super clear that to become successful in your childcare business, you’ve got to get comfy with finances and the talk that comes with it.
Excuse-proofing your finances
Last year, it was very easy for many of us to make excuses around not investing in our childcare businesses, and putting off investing on ourselves. But now 2021 has arrived, and we should be able to start off on a good foot, covering ourselves so we have the finances we need to grow our businesses. This includes money for investing in ourselves and investing in our childcare businesses.
Now is not the time for excuses! So what can you do to change the way things have been going? Have you made a plan for alternative income streams? Have you got ideas for saving money?
Challenge yourself to up your finance game
Developing your childcare business this year means you’ve got to stop using the old excuse “I can’t afford it”. Take the opportunities that you’re given in 2021 to grow your business. Lean into the fear and get stuck in. Stop putting off investing. Take money as an excuse of the table. And to do that, you’ve got to set yourself up to be more secure. You need to get comfy looking at your finances. To know exactly what you need to have coming in, and some extra for investment.
I want to challenge you to sit down and create some plans on different ways you can make some extra income next year. Set a timer and write down all the possible ways you could make money. E-bay? Babysitting? Make a cup of coffee and really go for it with that list!
Think outside of the box!
What are you good at that could bring you in some side hustle money? Could you teach piano lessons or do dog walking? Could you offer odd job skills to neighbors? Perhaps you’re a dab-hand at baking and might offer your services to busy moms who haven’t got time to make that all-singing all-dancing birthday cake?
Don’t let worries about what other people might think get in the way of you trying ideas out. Marie Forleo waited tables and taught dance classes while she worked her way up to the top of her game! She talks about money myths many of us women fall into here. And doing something other than running your childcare business, so that you can have enough money to invest doesn’t make you a failure. Trust me!
Still stuck on how to excuse-proof your finances?
I have a great resource that can help you out. It offers a number of different ideas to help you get the cash you need to start your in home business, hire that coach, or purchase that course to help move you along on your journey to success.
I designed this for you because I want you to get the tools you need to get to the next level of your success quickly and I don’t want you to keep putting your success on hold because of limited funds. And I want to help you reach your success as quickly and as simply as possible because it’s about time that you started living life on your own terms! Are you with me!? Download you free ideas list here.
How do you feel about finances? Is it something you shy away from talking about? Or are you at ease in that kind of conversation?
Come and let us know over in the Childcare Ninja Facebook group! We’re an army of childcare professionals who are sharing ninja-sharp skills to transform our businesses into childcare empires! This is Childcare Ownership all Grownup! Interested in becoming a part of the community? Join us for more tips on how to make your childcare business the success it deserves to be! And don’t forget to follow us on Instagram!
by admin | Jul 3, 2020 | Blog, Uncategorized
Have you taken a moment to rethink and reload your financial goals for 2020? It’s been a rollercoaster of a year so far, but there’s no need to despair! Essentially, we’re only half way through so let’s assess where you’re at and get planning!
Y’all know my favorite word is the “p” word. Ms. Nyckie loves the planning! However, you might be wondering, “what’s the point?” You’re maybe even thinking, “Let’s write off 2020 and start from scratch next year”. Who wants to sit back and mope?? Not me! And I want to encourage you to re-look at your financial goals with some positivity and hope!
Why you need to rethink your financial goals
Between a global pandemic causing financial chaos and the anxious state of flux we’re seeing on the international stock market, it’s not really surprising that we might not have met our goals for 2020. But I hasten to add one word to that sentence: YET. You might not have met them YET.
Clearly 2020 is giving us enough reasons to rethink (life, health, family…let alone our businesses!), so why not just go with the flow? We cannot control the way the pandemic is impacting our businesses – social distancing, face masks and additional cleaning are just a few of the adjustments we’re all having to make – not to mention closures for those of us in countries where strict lock-downs have been in place.
What we can control is our reactions and coping strategies. Let’s be pro-active, re-think and reload our financial goals!
Where to start with reloading
It sounds simple, but in the words of Julie Andrews in The Sound of Music, “Let’s start at the very beginning”! You made Q1 goals in January, right? And maybe the more savvy Childcare Ninjas among us even set Q2 goals back in March. Since then things have gone a bit haywire, and maybe that line you’re usually so able to predict hasn’t quite followed the path you were expecting.
Look at what’s worked well and where things need some support. Have you managed to stay open during this time, or have you had to close temporarily for everyone’s safety? I’ve been lucky in the grand scheme of things, but I know many childcare business owners elsewhere who’ve had to shut their doors, uncertain of when they’ll be able to welcome their families back and therefore had to dismiss staff. Now some of those day cares are preparing for re-opening and they’ve got to look at rehiring as well as navigate intense new levels of hygiene.
If you’ve been one of the lucky ones and have been able to keep going, take a good look at your goals from earlier in the year. How can you alter the projections you’d made to take into account any changes in the financial climate? Factor in any interest rate alterations and allowances you might have been able to access. You can still dream big, and maybe reloaded goals look more positive than you’d imagined they might, considering the current situation.
Ensure that your goals are SMART.
If you’ve not heard of SMART goals before, this means that you are looking at targets in a more analytical way. While you’re reloading your financial goals, it’s worth checking that they are: Specific, Measurable, Achievable, Realistic and Timely. Due to the instability of everything at this precise moment in time, you might be concerned about the longevity of your business so analyse everything and figure out what you can do differently.
Setting really specific goals, like “Find 3 new families for the day care” or “create new menu on a smaller budget”, will mean you can easily see if you’re making progress. Just be sure to write down detailed plans, to chunk big goals down into bite-size ones, and make a timeline for achieving your goals.
The back up plan for your financials…
If you’re not going to meet your goals, but still worrying about not meeting adjusted targets, what’s your plan B? What are you going to do differently to cover your back? If you’re not fully up and running yet, you could set a new goal to develop your childcare business by training up a team or looking at venues. Or maybe you’ve got to pick up some freelance jobs or babysitting work in addition to running your childcare business, just to tide things over.
You may decide that now is the time to start saving more emergency funds, or that you’re going to make changes in your investment strategy so your money has a better chance of surviving market downturns.
I’d be happy to chat over in the Facebook group with you about how things are going, and the other childcare business owners will have ideas about how you can adjust your strategy to reach your new goals, in the new normal (whatever that looks like for you!).
Before you go, have you found the Childcare Ninja Facebook group yet? We are an army of childcare professionals who are sharing ninja-sharp skills to transform our businesses into childcare empires! This is Childcare Ownership all Grownup! Interested in becoming a part of the community? Join us for more tips on how to make your childcare business the success it deserves to be! And don’t forget to follow us on Instagram!
by admin | Jun 19, 2020 | Blog, Uncategorized
Fear is huge. It can be massively overwhelming. The terrifying thought of putting ourselves out there takes over and stops us from showing up. So what can we do about it?
One thing I’m often asked by people just starting out is, “how did you push through your fear to get to where you are now?”.
They’re right I did push on through! So I thought it’d be good to share some of the strategies I have in place.
If you’re just on the beginning of your childcare business journey, I see you. I understand the fear. I was there too. Let me take your hand and guide you through with some tips on showing the fear who’s boss.
Stamp on any negativity
Right from the start, I told myself I needed to recheck my negative thoughts. I didn’t know at the time, but this is actually a cognitive behavior therapy technique, commonly known as “Stamping on your ANTS” (Automatic Negative Thoughts). While we’re talking about negativity, ditch the friends who cast doubt on your dreams. If they were true friends, they’d be supportive and not fill your head with fear. Get rid of the “judgy” energy sappers!
I focused on the positives and every day I told myself I was capable. That I believed I could achieve my goals. Positivity attracts positivity. You call in what you put out. By believing in myself, other people believed in me too. They could see I had the determination and character to succeed, and I began to feel more confident in myself because I was telling myself each morning that I’d get there!
Also, I’ve written a blog about getting into the right mindset that you might find helpful.
Make fear an outsider
Above, I wrote about changing your friends. I mean it! As a childcare boss, you’ve got to surround yourself with people who want to see you succeed! After a few years I realized this is what I needed to do in order to be successful. I actively seeked out my own cheer leading squad. They have got my back, and I’ve got theirs. I can ask their advice, I can tell them when I’ve achieved a goal, I can celebrate! All without fear of judgement. Best thing I ever did.
Not only do I now have a squad, but I’ve kicked fear to the curb. I don’t need to feel afraid about trying new business ideas out, or worry that I’ll be judged. Fear no longer plays a part. There’s no seat at the table for it. Bye Fear!
If you’re not sure where to find your squad, I’d recommend joining the free Childcare Ninjas Facebook group. Here you’ll find like-minded women who want to grow, learn and celebrate your success! It’s full of amazing childcare business owners at various stages of their careers and they’re waiting for you to join them…go on! What are you waiting for?
Baby steps
After you’ve worked on your mindset, you’ve got to make plans on where to go. The way to do this is baby steps. I started with one step, then another and another. It’s not as overwhelming when you’re moving in small steps!
Make a plan for each week and break it down into little chunks, you will be able to conquer those tasks. And every time you do tick something off or reach a milestone, the fear slips further and further away. It can’t get to you any more.
These are just a few of the ways I’ve pushed through the fear to achieve success. I’m now 13 years into running my business, I now own multiple childcare facilities, and I’m bringing in multiple six figures. I don’t say this to show off, I’m saying it to demonstrate that YOU CAN TOO! We’re made of the same stuff, you and I. And I can’t wait to see you achieve it.
I wonder if any of you have strategies for overcoming fear when it comes to your business? Feel free to leave a comment, I’d love to hear what you do!
If you’d like to know more, I have created some helpful videos and resources for you in my Childcare Ninja membership, to make your life a little easier, and to enable you to grow your childcare business into your own little empire.
Are you in the Childcare Ninja Facebook group yet? We are an army of childcare professionals who are sharing ninja-sharp skills to transform our businesses into childcare empires! This is Childcare Ownership all Grownup! Interested in becoming a part of the community? Join us for more tips on how to make your childcare business the success it deserves to be!
by admin | May 29, 2020 | Blog, Uncategorized
Worried that you’re being awkward and finding sales super hard? Well stop worrying! We’ve all been there! Running a childcare business means our skills lie in caring for children – all the other stuff is a steep learning curve.
However, to make our childcare businesses successful, we’ve got to figure out how to make our awkward work for us. It’s a journey you need to go on to gain clients and build your business so it’s sustainable and profitable.
None of this comes naturally to me either, but I’ve been in the game long enough to know what works for me. I’ve got three strategies I’m going to share with you here. I hope they’ll help you go from being awkward to awesome.
1. Get over it!
Honestly. Sorry to be so blunt, but no one likes selling. Nope. No one. It’s super awkward asking people to buy your service and to shine a light on what you do better than others. It feels unnatural to us. But I learned pretty fast that the only way I was going to gain new clients was to put on a mask (no, not the Spiderman or Mardi Gras type!). I smiled and channeled my inner Queen. Essentially, I put on a show. I was acting. But d’ya know what? When I started my day like this, I started to believe that I was successful and I oozed confidence. People buy into that.
You’ve got to be seen to be successful. I’m not suggesting you lie about your business. I am saying you sort of need to trick yourself into believing that you’re good at selling. Put post-its around the bathroom mirror with affirmations on. Try these ones:
2. Shine a light on your uniqueness
Take your uniqueness and shine a spotlight on it! Think about what makes your childcare special. What makes it stand out from the rest? Is it the decor? Is it the themes you explore? Or perhaps you’ve got a background in something quirky that you bring to your business. Whatever it is, don’t hide that treasure away in the dark. Get it out in the spotlight and really make the most of what you’ve got.
When I first started my business, what made me totally different from other childcares in the community was that I offered 24/7 care. I was doing night times and weekends when others focused on daylight services only. And that’s not going to be for everyone, but there were people in the community (and from miles away actually!) who had been looking for someone like me to care for their babies. To them it was like a dream come true when they heard I was opening.
So get clear on what you’re offering and tell the world about it!
3. Shout about your story
I’ve said it before and I’ll say it again: shout about your story from the rooftop! People buy from people, and they want to know all about you. They want to know what makes you tick. Your business needs storytelling and it is so important that you bring the personal to your profession! There’s tons of evidence to show that sharing your story helps your business grow. Why? Because it will chime with families and they’ll find that they want to support your business.
Your story will inspire people. And by telling your story, you’ll be giving other people hope. You’ll bring hope to families who are struggling or maybe another business owner will be inspired to keep on pushing forward. It’s going to demonstrate to your customers how much you want to be in this business and how much passion and drive you have. It will show them how much caring for children in your neighborhood means to you – which will lead to sales!
You can read more about the importance of telling your story in this blog.
See? Sales don’t have to be awkward.
You just need to figure out what makes your childcare business unique and talk more about your back story.
Put on a smile, get out there and tell people about what you do and why you’re so awesome.
Before you go, have you found the Childcare Ninja Facebook group yet? We are an army of childcare professionals who are sharing ninja-sharp skills to transform our businesses into childcare empires! This is Childcare Ownership all Grownup! Interested in becoming a part of the community? Join us for more tips on how to make your childcare business the success it deserves to be! And don’t forget to follow us on Instagram!
by admin | Apr 24, 2020 | Blog
You’ve ventured into the world of childcare business ownership, and now you’re looking to to turn it into the success it deserves to be. I’m here to tell you that it’s going to happen. If I have done it, so can you! It takes hard work, resilience and a whole lot of love, but I know you’ve got this. You can build a successful childcare business!
You ARE a Childcare Ninja!
Over the years, I’ve learned how to grow my childcare business, level up and build my own empire. And here I’ve got 3 simple tips to help you on your way to success.
1. Automate what you can
By now you’ll probably have realized that I am a HUGE fan of systemizing and automation (if you’ve read any of my other blogs!). If you can systemize, you will be able to de-stress and grow. Take time to note down all the day-to-day tasks you do and look into how you can get a system in place and potentially automate it, to save you time and energy.
In fact this doesn’t have to cost the world either! There are plenty of lower cost or even free options for automating elements of your childcare business. From ordering food supplies from a well-kept stock inventory, to Hours Tracker for staffing, make the most of the technology at your fingertips!
Additionally, you can read about apps I use in my childcare business that have revolutionized my systems here.
2. Offer what others won’t
Remember when we talked about what makes you special? Well, make sure that you’re offering tons of that! Sing it from the mountain tops, girl. Offering something that others don’t have – your uniqueness – will make you stand out from the crowd and call in the parents and families that you’ve been longing to work with.
After all, what makes our childcare businesses so awesome is that we are NOT the cookie cutter daycare center chains that keep popping up all over the country. We offer something totally different and the feedback we get from families is incredible. Their kids are treated as individuals by our amazing teams and the parents are too.
So if you take a look around at other providers, not to compare as such but to look at what they’re missing. Perhaps they don’t focus on outdoor play or they don’t have language teachers…whatever they’re lacking, think about what you can offer that they are not. I’m not saying go and do something totally different to your current practice, but look at the competition and see where you can shine!
3. Build amazing relationships daily
As you’ll have read briefly above, this is an aspect of your business that is essential. I cannot stress this enough. Nurturing those relationships is absolutely key to the success of your childcare business. Even after a child has moved on to school, I try to keep in touch with families – just the odd “thinking of you” card here and there, or a wave on the street – but this is how community thrives.
Building a sense of community and cherishing the relationships you have with families will make your business successful. Those families will talk about you as if you’re a member of their squad (which you totally are!) and they’ll be telling new parents they meet about how much they love your childcare and how warm and brilliant you are.
But it’s not just the parents and children who you need to nurture! Building amazing relationships with your staff is super important too! Keep communication as a two way street – use apps like Slack to help you do this! – because when staff feel they’re heard and valued, they come into their own and work their socks off for you.
Equally important, is showing good leadership by helping them develop their own skills, using their ideas for activities and on the meal plans. Working on your relationships, talking to your team on a regular basis and keeping them informed of any changes in advance.
All things considered, I hope this has given you some food for thought. Building your successful childcare business is achievable and watching you develop your skills as an owner is inspiring! Let me know how you’re getting on. Leave a comment below, or send me an email. And don’t forget that we’ve got our Facebook community too, so we can all hang out in there together!
I started Childcare Ninjas because I realized that most business information and ideas aren’t targeted at us. They’re focused on other industries. But we don’t fit that mold! We are an army of childcare professionals who are sharing ninja-sharp skills to transform our businesses into childcare empires! This is Childcare Ownership all Grownup! Interested in becoming a part of the community, click here!
