Today I want to share something that’s been going on behind the scenes here at She Takes on the World this year. It’s also something that’s affected most successful online entrepreneurs I know, and some entrepreneurs have lost their businesses because of it.
And yet, no one really talks about it…until now, that is.
Imagine being in the middle of an amazingly successful launch, with a big wave of revenue coming in, when the payment processing company you’re using suddenly informs you they’ve put a hold on your account.
With no warning, all that money you’ve worked so hard for is now out of reach ﹘ but you still have salaries to pay, affiliates to compensate…not to mention your rent or mortgage payment to make.
It’s a scary place to be in and that’s the situation I found myself in at the beginning of the year. I’m committed to sharing the UPS and the DOWNS of my story with you, because there are a lot of valuable lessons you can take away from my story that every online business owner should know.
Join me for today’s episode and find out what you can do to protect yourself and help prevent this from happening to you.
Have you or someone you know had income held by a payment processing company? Leave a comment below and let us know how it was dealt with. Or, let us know what steps are you taking to make sure your earnings are protected.
Even if you don’t think something like this would happen to you right now, please bookmark this post to revisit as your business grows or if you ever find yourself in a situation where your online earnings are being held.
Be sure to share this with other entrepreneurs you know to help them protect their businesses too. Here’s a Tweetable you can use: “Don’t let your launch income be held hostage. Protect your earnings with these pro-tips from @NatalieMacNeil” (Click to tweet)”
P.S. Knowledge is power! My tips for protecting your launch earnings are just the start of what you need to know to keep your business safe and running smoothly. My good friend and one of our Conquer Club mentors, Genavieve Shingle Jaffe, is on a mission to help entrepreneurs become informed about the legal aspects of their businesses and protect those businesses from day one. Right now she is offering a not-to-miss video series where she turns law into laughs and legalese into legal-ease. Join her for this video series where she will cover things from forming your business, to contracts, to making sure your content is protected on-line.
Sign up here to receive this series: http://www.
I am a proud affiliate for this course as it is so important for business owners to get the legal protection they need from day one. This course is a one-stop legal shop. If you sign up using my affiliate link, I may receive commission.