Self-esteem is a huge factor in all aspects of our life, especially when we decide to launch our own businesses. Whether we are opting for a direct-marketing platform where the corporate side is handled by others or a self-employment model where we take our love and talent and create a business out of it, the better our business is and the success we reach is dependent upon how much we truly believe in ourselves. I recently joined a Manifestation group on Facebook, not realizing what it was when I joined, and although I don’t completely subscribe to their ideals, (that you can manifest anything just by believing it), I do believe that if we don’t believe in ourselves and what we want to accomplish, we are making it that much harder for others to believe in us and our product. For me, as a freelancer, I am my brand. If I do not believe that I am capable and that I can produce unique and publish-ready content, why would a potential employer believe it?
For Breanna Reish, self-esteem has been a huge factor for her. She recently left her 9-5 financial firm to start her own financial planning company, Wealth of Confidence, and is loving every minute of it. She was motivated to launch her own firm after realizing she wasn’t satisfied with what she was doing. Reish struggled finding how she fit in an industry that is investment heavy, while she prefers to focus on her client and their specific needs, investment based or not.
“I had years of experience working in it [financial planning],” Reish said. “And feeling that cruddy feeling – knowing how it feels to feel like I do not belong, and feeling like I am at rock bottom, wondering if I would ever make it. I would cry at night. I wanted to quit several times. My husband would watch me roller coaster every year and just said to me, ‘You know, if this is what you want, you have to do it.’”
Reish was also motivated by her two young children, she wanted to have more control over her schedule, giving her more time with her two young children and her husband. But she also wanted to be able to pursue financial planning for clients putting more stake in familiar obligations and needs in a field that is generally investment focused. While she can assist with investments, she loves to help clients learn how to prepare for the future, make financial decisions, and prepare for end of life.
Prior to making the decision to go out on her own, she started working with a coach who helped her figure out what her next steps would be and why.
“She peeled back the layers like an onion,” Reish said of her coach. “She got me to talk about why I was really doing this and she – before I met her I was frantic trying to figure out my place and then she really helped me hone in on why I was doing this, what is really important in my life – all of these things and it gave me a little more confidence, and focus.”
Since going out on her own, Reish has been able to enjoy time with her family and with her clients. Ensuring her clients’ needs are met and they are happy is her top priority. Wealth of Confidence is giving her the means to continue to do what she loves and help her clients succeed while also being there for her family.
“I will say that you do have to work your butt off and stay focused,” Reish said. “You can make it what you want. If you want your business to be at a certain level, achieve a certain goal, you have to figure out what that goal is and what that number is that you need to be making, and then put that much time into it. Your responsibility lies with your family and your children, whatever responsibility you have is to them. I do get to keep 100% of my income, but I am also responsible for 100% of my income now. My goal with the business is to, number one, take care of my clients, and in turn, take care of my family and be a good mom.”
While she and her family are enjoying their newfound time together, starting your own business is not a simple decision. You need to take into consideration that you are now the one who drives business and income. Without clients or dedicating a certain amount of time to your business, a large paycheck can’t happen. Beyond that, prior to starting on your own, Reish cautions that you formulate a plan and determine what your family can handle while you launch your business. Going a couple months without a paycheck is a very real reality for many people who start their own businesses. Despite this, owning your own business can be as fulfilling for you as it is for Reish. It can allow you more freedom in your schedule and the ability to participate in more activities with your family. The key is to believe you can do it!
You can learn more about Breanna and her business, Wealth of Confidence, by visiting her website here.