“Be not afraid of growing slowly, be afraid of only standing still”
Every business adventure can end in two different ways. You can either succeed or fail to turn your dreams into reality. However, business owners, especially the rookie ones, should know that neither instant success is a great thing nor initial failure is a disaster. Either way you will learn something new for a better future. But the greatest thing you’ll ever hear from business advisers is that you should take smaller steps to achieve big goals. The next few paragraphs will show you some wise strategies to do that in practice.
1. Self-rewarding improves motivation
Staying motivated is often listed as one of the most difficult aspects of every business story. It doesn’t have to be so if you manage to discover what motivates you. Forget about money and salary and all the gadgets that serve as instantaneous proofs that you’re successful. Although material self-rewarding helps, it will not keep you motivated for too long.
Instead of looking for satisfaction in tangible things, try a different strategy. Use your free time for things you really enjoy doing. Be it spending time with your friends, going cycling and running or traveling with your partner, treat yourself to such little pleasures. When you’re relaxing your soul, you’re feeding your mind and getting it ready for new challenges.
2. Breaking time down to Bits
Time is big and unconquerable. Well, unless you break it down to smaller pieces. This is where you should start your ascent to the top – organize your time in accordance with your preferences and abilities. Although it sounds that self-employed entrepreneurs have more freedom to do that, the goal is the same: making a time frame for fulfilling different business tasks.
What you should do is finish your every work day with a plan for the following one. That plan should include the tasks and the periods of time in which they will be performed. Also, remember this: doing too many tasks will have a negative outcome
3. Improve your Thriftiness
No matter how much you make at work, it won’t be enough if you don’t know how to manage those assets. The key word here is balance. If you lead a balanced life, you won’t show any signs of excessive behavior. The latter usually leads to irrational expenditure and, consequently, serious financial damage. This issue is closely related to motivation, as well. When you spend everything you earn and don’t see any results of your hard work, you’ll start losing motivation for work.
This is why you should keep your personal expenditure limited. Even if you don’t know how to curb impulse buying, but you realize you have a problem, it’s still a good start. In this case, think about hiring a professional provider of financial services .They will teach you how to be smarter with money.
4. Hope for the Best, Expect the Worst
The worst thing about business beginners and instant success is that a decline must come and they aren’t familiar with it. What works here well is an analogy with an instantaneous music sensation. For instance, a pop band can have a great hit, but then they fail to reach the same level and stay remembered as a one-hit wonder.
If you don’t want to become a one-success wonder, always be aware that you can easily go from riches to rags. By this we don’t only mean bearing that in your mind, but taking some serious financial actions just in case.
When you see that you’re doing well and your income is growing, start saving and investing assets for a possible recession. That way you will have a safe exit strategy from a dire financial situation.
However, even if you’re responsible with your business, your debtors probably won’t be. This is why it’s useful to have several aces up your sleeve, like getting familiar with invoice financing, so as to protect your business in case of economic depression and a debt crisis.
5. Change makes Perfect
If you want to retain your motivation and satisfaction with your life high, you should change your work environment more often. For example, new-age IT entrepreneurs who work from the coziness of their homes should replace that coziness with something more interesting and attractive, like going to another place and working from there.
Changing the place of residence can open your chakras and make you a happier person. As for those who can’t work on the go, start searching for a new job the same moment you feel this one is destroying you.
After all, we live in the age of the Internet, when there are so many new jobs. As a matter of fact, the workers from this group should try to join the aforementioned nomad workers and pursue their happiness in a completely new work context.
The nature of labor has changed a lot over the last decade. With so many technological wonders at your disposal, today you can really build your career slowly and gradually, so as to keep your motivation on a high level, and still make profits.
If you are truly determined to create a business that will meet both your professional and personal needs, you have a great chance to become a successful and proactive entrepreneur.