Topic 02


ladderTo build a healthy BUSINESS, make money doing what we love, so we can have an asset at the end.

*Did You Know? Simply stated, assets represent ownership of value that can be converted into cash.*

A healthy business keeps costs under control, pays the owner, and builds equity in the company. Is yours doing this right now?

Ask yourself these question before moving on and write down your answers:

When it comes to the number of clients you have and the money you are making in your business…

1: How do you see your pet sitting business in 1 year from now?

2: How do you see your pet sitting business in 5 years from now?

3: What about in 10, 15 or 20 years?

The point of this exercise is important.

It’s to get you to see right now that you are in complete control of your business destiny. Can you picture yourself a successful pet sitter in 5 years? How about in 20 years?

Your pet sitting career will not continue by accident. It will only remain as a positive source of your income if, and only if, you prepare for it today.

And that comes down to knowing how to price your services properly.

Let’s look at it this way…

What if, for whatever reason, you wake up tomorrow, and because of an outside circumstance, you can not continue to operate your pet sitting business? You will have only two choices.

One, you will have to simply let it go. Or two, you can choose to sell it.

Which option would you rather prepare yourself for?

FACT: There is a good chance you will not be pet sitting until the day you die. A few things might happen:

1) You really do drop dead walking a dog. In which case you need a back up plan to slide in and take over if you are not able.

2) Life strikes and you need to make a drastic change in your life. Maybe it is to take care of a sick loved one. Maybe you are the sick loved one. Maybe your spouse’s job changes forcing you to move across country and you have to leave your business.

3) Maybe you just get so burnt out that you want to walk away from your company but the smart thing to do would be to sell it. At this point you are praying that it is actually worth something.

You might be okay with just working in your business and paying people a lot of money day to day… but one day – don’t you want all of this hard work to mean something? For it to be a down payment on a second home? to BUY a second vacation home? To be a gift to your children or grandchildren?

You may never have even thought about your modest pet sitting business to carry on and become an option for your children or grandchildren, yet it’s all so very possible.

You see, the pet sitting industry is not going anywhere. In fact, it is literally still in its infancy. Pet owners are more and more looking for the best, most humane care for their fur babies when they themselves can not care for them.

You need to understand NOW – no matter if you just started or are trying to expand that if you know where your destination is going to be the journey will be that much easier to make. Do you want to do it in a Lamborghini driving across the United States or do you want to do it in a stagecoach with the crossing the Oregon trail? One is going to be a heck of a lot more bumpy.

Join the Conversation (leave a comment below)

Taken from the questions above, let us know, where do you see your pet sitting business in 1 year from now? 5 years from now? How about in 15 years from now?!

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