Article

Is There Really Anything to the "Summer Slump?

Topic: Retirement and Retirement PlanningFeaturing Kim Kirmmse TothPublished Recently added

Legacy signals

Legacy popularity: 1,139 legacy views

I used to think there was. I used to think that everyone slowed down in the summer and picked up again in the fall. But over the years I have changed my tune on that.

The good news is that so many people really believe in the 'summer slump' that they in many ways just stop working on their business. They assume that everyone does this, that no one is buying, no one is doing anything but laying around in the hammock and maybe 'dead heading'!

You haven't seen a lot of activity from me right now, but I can promise you there is a lot going on behind the scenes. Sure I 'dead head' but I do a lot more than that!

I am meeting with my coaches and my mastermind groups. I am working with my team on almost a daily basis (they haven't stopped either).

Now, I am not a slave driver. Far FAR from that. We all take vacations and give each other enough warning so we can get things done before any of us take time off. That is not only just being respectful of each other's time but making sure we all get done what need to get done for our businesses. (You have to keep in mind that for your team and mine (or the team you will have) this is their business too.)

If you were to wait until fall to get back in the saddle, you have lost precious time. While coaches are out there offering their products or services, you are just putting the pieces in place. This puts you behind and that is not a good place to be. For you personally or for your business.

Many of you know that every year I go to our family cottage in Ontario that we have had since 1966 when my parents build it. This is a very special and much needed vacation. Yes, it's a long drive. 3 full 10 - 12 hour days with my 2 big dogs. Isabella has done it several time, for Bud III this will be his first adventure. I can't wait till he sees the lake and hope he just jumps right off the dock. He is a 'goose dog' after all with webbed feet.

Will I be doing all my calls and seeing clients? To a point. Will I be available if need be? Yes, we have a phone and internet. It's not like I am disappearing into the great beyond.

I will also due my due diligence and make sure as much is in place as can be in place. I will still do my ezine every other Tuesday. Some I can do ahead and the rest I will do when I am there. That way I can show you pictures of the loons, the dogs swimming etc. The fun stuff.

It's about balance and it's about preparation. All together I'll be gone a month. Not bad.

So please ladies, don't just stop in your tracks because it's summer. You don't need to work you tail off, I want you to have fun. I always want you to have fun, no matter what time of year it is!!

And knowing that you are building this business as a financial vehicle for your retirement years is important.

Further reading

Further Reading

4 total

Article

I wonder how many of you even know. I'll bet a lot of you don't know. Or you kind of know but not really. It's vitally important for you to know. For some of you, if you have a more 'elaborate' retirement planned (lots of travel etc) you will need more than someone who has very simple wants and desires. There certainly is no right way but you need to know your truth. One of the lucky things about being a woman is you generally live longer than men. Wonderful!! But you will need more money.

Related piece

Article

Is there ever a bad time? I don't think so. And I also believe that if you ramp up your business your life will change and if you ramp up your life, your business with change. I really don't believe you can separate the two but for now I want to focus on your business.

Related piece

Article

Ethical Wills have been around for many generations but seem to be regaining their strength. That may be simply because many of you are getting to the stage in life where you begin thinking about what you are passing along to your children or other loved ones. Another term for Ethical Wills might be a “Values and Vision Statement.” In a nutshell, it is a tool for passing your memories, values and traditions to your loved ones and future generations. Keep in mind that an Ethical Will is not a legal document.

Related piece

Article

If you don't have more than one revenue stream please read this article carefully! By having only one income stream you are putting yourself in financial danger. Let's say you just work on 1-1 with clients. What happens when times get slow, like in the summer or holidays? Where will your income come from? We all need income right? Plus, with only working 1-1 you are constantly looking for new clients and not only can that be a pain, I don't want you coming across as desperate for clients because you will push potential clients away.

Related piece