Tax Time! Do you know how to fill out a Schedule C (which is where most of us document our business income and expenses)? I’ve created a 30-minute online course to help you with that.
I don’t talk about collectives much because I have seen so few of them. BUT I think we are seeing some major sea changes in our profession that could make this more feasible. It requires maturity, commitment, and a heapin’ helpin’ of frequent communication. But it’s worth considering.
I don’t agree with everything in here — it focuses heavily on fixing things with the power of your mind and I think you’ve got to engage your heart as well to make this level of change — but I think it’s worth reading to see if any of the limiting beliefs feel familiar.
Registration is open!
A 6-week live-online course helping your build the three pillars you need to fill your schedule (and your bank account).
This is the BETA version of this class, so it’s marked off by 35%! But I’ll want your feedback and reviews to make the discount work for both of us.
Once I teach the class, I can submit it for CEs, which I can grant to you retroactively.
Starts June 7.
Want to know more?
Tax time can bring up all kinds of money issues for us. Here’s a healthy perspective on that.
“The first principle is that the business should be successful: that it should make money. There is a belief prevalent in America and other Western countries that being successful, making money, is somehow wrong for people who are trying to lead a spiritual life. In Buddhism though it is not the money which is in itself wrong; in fact, a person with greater resources can do much more good in the world than one without. The question rather is how we make money; whether we understand where it comes from and how to make it continue to come; and whether we keep a healthy attitude about the money.“
The whole point then is to make money in a clean and honest way, to understand clearly where it comes from so it doesn’t stop, and to maintain a healthy view toward it while we have it. As long as we do these things, making money is completely consistent with a spiritual way of life; in fact, it becomes part of a spiritual life.
“The second principle is that we should enjoy the money; that is, we should learn how to keep our minds and bodies in good health while we make the money. The activity of creating wealth should not exhaust us so much physically or mentally that we cannot enjoy the wealth. A business-person who ruins his health doing business is defeating the very purpose of business.“
The third principle is that you should be able to look back at your business, at the end, and honestly say that your years of doing business have had some meaning. The end of every business enterprise we engage in, and in fact the end of our lives, must come to every person who ever does business. And at the most important part of the business – at the end, when we are looking back on all we have achieved – we should see that we conducted ourselves and our business in a way that had some lasting meaning, that left some good mark in our world.”
The Diamond Cutter: The Buddha on Managing Your Business and Your Life
Geshe Michael Roach and Lama Christie McNally
If you want to explore your relationship to money, you want to read chapter 2 of The Accidental Business Owner.
When will you next raise your prices? What will trigger that decision? Will it be discomfort? Will it be a nagging sense that you should? Will it be your clients telling you to raise your rates (which means it’s way past time to raise your rates!)?What if you planned to raise your rates every xx years? When I had a robust practice that included office, seated, and outcall massages I raised my rates every year! Well, specifically, I raised one set of rates every year.
year 1: raise office rates
year 2: raise seated rates
year 3: raise outcall rates
year 4: raise office rates
That way each set of clients thought I only raised my rates every 3 years but in reality I was increasing some part of my rates every year.
At a minimum, you should visit the need to raise your rates every single year even if you decide not to raise them this year. Make it part of an annual review of your business.