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The Entrepreneur’s Source Reviews: The Battered Investor Syndrome and How to Overcome It

The Entrepreneur’s Source Reviews: The Battered Investor Syndrome and How to Overcome It. As more of the Baby Boomer generation begins to hit retirement age, they are starting to fear they may not have enough money to retire at the age of 62. A recent Gallup Poll found that 59 percent of Americans are either very or moderately worried they don’t have enough money for retirement, while another 49 percent are worried that they won’t be able to maintain the standard of living they currently live.

As a result of the unpredictable economy and stock market, unemployment and other outside factors, many Americans are finding that their retirement funds have yo-yoed or are depleted – leaving them unprepared for their futures post-retirement. These individuals are suffering from Battered Investor Syndrome, a widespread manifestation in modern-day America, and today The Entrepreneur’s Source Terry Powell discusses the syndrome in detail and how to overcome it.

What is Battered Investor Syndrome? Those individuals who have made reactive investments into their fiscal futures risk the insecurity of whether they will have the ability to pay their bills or have the funds to afford the type of lifestyle they desire once they hit retirement age. This has left many of these Battered Investors feeling beaten up and battered and not knowing who or where to turn for a reliable investment.

“No one has any idea what is going to happen, and essentially, investors put their money in other people’s hands,” said Founder of The Entrepreneur’s Source Terry Powell. “They believe others may be smarter than they are or potentially have a better handle on what is going to happen. The reality is that no one knows.”

Many individuals suffering from Battered Investor Syndrome had to use their retirement funds to survive unemployment while others may have experienced the market weaken their returns. As a result, many of these people will be unable to enjoy the lifestyle they planned for in retirement. Although the future for these individuals may seem bleak, there is a way that these individuals can take control of their futures, and the answer is proactive investments.

Gain Back Control through Proactive Investments Many savvy investors today are taking control of their own destinies by turning reactive investments into proactive ones, such as investing in a franchise. Investing in a franchise is a big commitment and may seem like a grand gesture, but by doing so an individual is able to take control of their financial future.

Think about it this way. Ask yourself these two questions:

  1. Who is better at making decisions about how to handle you money – you or an outside party?
  2. Who do you trust more – yourself or an outside party?

If you trust yourself more, then a proactive investment, such as a franchise, may a great way to ensure that you can retire at the age you want and living your desired lifestyle. Many people have success in using the assets they put aside for retirement and shifting them into a new asset in their portfolio, like franchise business ownership.

A business is a proactive investment; it is something investors can put their resources in and have much more control over. Instead of putting money in somebody else’s hands and relying on that person’s acumen or the whims of the economy, investing in a franchise can allow you to take control of your retirement and potentially gain a greater return on that investment than in other options.

Overcome Battered Investor Syndrome with the Help of The Entrepreneur’s Source Chances are that this might all be new to you, so enlisting in an alternative career coach at The Entrepreneur’s Source can be a great first step in overcoming Battered Investor Syndrome. An E-Source coach can help keep your on track while also providing you with objective advice and support along the way, like helping you establish your Income, Lifestyle, Wealth and Equity (I.L.W.E.) Goals. For more information about how a coach at The Entrepreneur’s Source franchise can help you overcome Battered Investor Syndrome, contact a coach today http://www.entrepreneurssource.com/contact.html.

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The Entrepreneur’s Source Reviews Career U-turn: Erase Your Limiting Beliefs and Get Empowered

 Career U-turn: Erase Your Limiting Beliefs and Get Empowered

Empowerment is a concept that has evolved over the past five to seven years, by people who are no longer fulfilled by the predictability of their traditional career paths. Today, you have a choice to shift from Employment to Empowerment®. Empowerment is an analogy for self-sufficiency, taking control of your destiny and being proactive about your career.

“Employment (working on somebody else’s dreams) to Empowerment (working on your dream)”

The patterns that have emerged in corporate America provide greater flexibility for “employers” that employees do not control. By choosing career servitude many allow the corporation and/or their boss, to control their career for them. The main problem is that we are not wired this way. The majority of us are wired to be self-sufficient. Seventy-five percent of the adult population has a strong to very strong desire to be self-sufficient.

 

Gone is the era of being a lifetime wage salve:  By 2020, more than 40% of the American workforce, or 60 million people, will be self-sufficient.  Source: 2020 Report from Future and Emergent Research and Intuit Future of Small Business Report


 

What limiting beliefs are holding you back from controlling your career?

Many who have embarked on the Journey of Discovery coaching experience with The Entrepreneur’s Source® suddenly experience the freedom and liberty of being able to work on their dreams. Along the way, they are surprised because some of the myths or limiting beliefs that they held near and dear to their hearts are dispelled.

 

“People often believe that being in business will remain a dream for them. What they often realize throughout the Journey of Discovery is that the business opportunity is simply a vehicle to attain their dreams. So, empowerment is all about discovering things that people did not realize to be true beforehand” says Terry Powell, founder of The Entrepreneur’s Source®.


 

An example of a limiting belief or myth is the idea that a person needs to love a product to be able to capitalize on it. For instance you may love donuts, however, if a donut business were to be a feasible business model, you would need to put your emotions to the side and look at the return on investment. It is important to do the same with any business model. Thinking that people need to enjoy or love a product to capitalize on it is a limiting belief.

There is another limiting belief known as FEAR, or False Evidence Appearing Real. It is when people believe their emotions are actually facts, but once they start examining and comparing facts, they realize that they were making an emotional decision as opposed to a fact-based one. So FEAR is a limiting belief.

There are many other limiting beliefs. Sometimes confidence is an issue. People believe that they do not have the right skills, or maybe that because they have not previously been in business, they think they are not good enough. People are surprised when they go through the discovery process and realize, for instance, that many franchisors are not looking for somebody who has previous “industry” experience. In fact, franchisors have a paint-by-numbers approach as well as a proven business model for owners to follow. Many soon learn they do not need to limit their possibilities based on past experience and branch out in to new sectors.

This is where working with an Alternative Career Coach can be of benefit to those questioning their career paths. A Coach at The Entrepreneur’s Source® can help talk you through the advantages and disadvantages of self-employment and help you discover if it may be the right career choice for you to achieve self-sufficiency. For more information about becoming self-sufficient, contact an alternative career Coach at The Entrepreneur’s Source® today.

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The Entrepreneur’s Source Reviews: Why It’s Time to Turn off Your Autopilot, Grab Control of the Wheel, and Change Course

The Entrepreneur’s Source Reviews: Why we need to Wake-Up and Turn Off Your Autopilot Controls 

How many of us would like to steer our own ships? Pretty much everyone, right? Yet, it’s amazing how many of us are missing opportunities. Too many of us continue to stay on autopilot when it comes to our careers. We need to ask ourselves what is keeping us from making a commitment to being self-sufficient and stop focusing on what we need to do to just to stay afloat.

Here is your wake-up call.

Stop settling for the ‘New Normal’ and ask yourself: Are  you trapped in the Battered Career Syndrome®?

Here are 6 signs you may be trapped. Do you:

  • Feel professionally depleted and trapped?
  • Work harder for less money and little thanks?
  • Feel disconnected from your dreams or are you apathetic to change?
  • Resent the loss of precious time with family and friends due to longer hours or traveling for your job?
  • Have a permanent feeling of uneasiness due to today’s corporate “profit above all” culture?
  • Think about changing your career on a daily basis?

“So many individuals suffering from the Battered Career Syndrome® fail to gain traction in their career and seldom reach their goals. Many are walking around in a daze, bouncing from one job to another. Feeling beaten and uncertain about what will come next. Many of them have dreams and aspirations but lack a strategy on how to close the gap between where they are now and where they want to be. For that to change, a fundamental shift must take place in the way they think about their careers and investments says Terry Powell, founder of The Entrepreneur’s Source®.


If any of this sounds familiar, you have a choice to make, you can either stay on autopilot and continue to suffer from Battered Career Syndrome®, or, at the very least, you can explore and educate yourself about alternative career options. Check out our latest info graph that will identify a few simple first steps you can take to help you turn off your autopilot and step outside your current comfort zone.

As humans, we don’t like to leave our comfort zones, but what if there was a way to explore and learn what it takes to become self-sufficient? What if you focused on what you have to gain as opposed to what you have to lose? What if you found out that there was a career option that can lead to a more fulfilling life?

This is where working with an Alternative Career Coach can be of benefit to those questioning their career paths. A Coach at The Entrepreneur’s Source® can help talk you through the advantages and disadvantages of self-employment and help you discover if it may be the right career choice for you to achieve self-sufficiency. For more information about becoming self-sufficient, contact an alternative career coach at The Entrepreneur’s Source® today.

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Entrepreneur’s Source Terry Powell Says Entrepreneurs Start with Asking ‘Why’

Interested in Entrepreneurship? Founder of The Entrepreneur’s Source ® Terry Powell shares how starting with ‘why’ sets the foundation for effectively exploring the best possibilities and evaluating options to realize dreams of business ownership.

Pursuing entrepreneurship requires reflection upon the “why” behind the desire for career path change. Some of these self-evaluation questions include:

  • What are the pros and cons of climbing the corporate ladder toward retirement?
  • How will starting your own business enhance your lifestyle now and later in life?
  • If you looked at your life a year from today, what has to have happened during that period—both personally and professionally—for you to be happy with your progress?
  • Will investing in the stock market or real estate build enough wealth and equity for your future?
  • With your experience, knowledge and skills, what is the most viable option to reach your goals?

 

Business ownership is not for everyone. Individuals seeking to be self-sufficient need to cut through the clutter and identify the soundest business opportunities and evaluate options by starting with ‘why.’


 

To start on the right path towards business ownership, Powell also suggests the following:

Explore Possibilities: Increased levels of fear and uncertainty in today’s workplace don’t leave much room for inspiration. In fact, when was the last time you felt inspired? Think back to when you were a child and the possibilities were unlimited; you felt like you could do anything. You had the ability to focus on the end goal, not the obstacles in the way. Maybe it’s time to regain that way of thinking and redefine those goals. Where is your professional future headed? Are you on track? Will your current path take you where you want to go? Put these questions into perspective by building a framework to define goals, needs and expectations. This will help you determine the appropriate vehicles to help you attain them.

When you begin defining your goals, it helps to relate them to the four basic categories: Income, Lifestyle, Wealth and Equity. Each of these areas is directly impacted by your professional career; Income and Lifestyle consist of short-term goals, while Wealth and Equity include long-term goals. When considering a career change, these are all things you should take into account. For example, if you have a long-term vision to retire with several million dollars in the bank, you may need to change paths now. Likewise, if you have short-term goals to own a luxury car or spend more time with your family, you’ll need to take steps to make those dreams a reality.

Evaluate Options: Now that you established your vision as it relates to your short and long-term goals, it’s time to think about the best way to achieve your dream: your career option. Relying on the corporate world to carry you through your productive years and into retirement is not only unrealistic; it’s also not likely to produce your desired results. In this New Career Economy®, you have to navigate the professional world differently than in past generations.

Consider the three most common career options: career path, business ownership and stocks & real estate. What are the pros and cons of climbing the corporate ladder toward retirement? How will starting your own business enhance your lifestyle now and later in life? Will investing in the stock market or real estate build enough wealth and equity for your future? With your experience, knowledge and skills, what is the most viable option to reach your goals? Maybe it’s a mixture of the three. Keep an open mind; you never know what ideas will pass you by if you

Aspiring entrepreneurs can take the first steps toward exploring alternative career options at Start a Business Weekend® online event, the largest business and franchise opportunity event  hosted by The Entrepreneur’s Source. For more information, visit: http://www.startabusinessweekend.com/sabw/


 

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