Monday, September 25

How to Stay Motivated as an New Entrepreneur

 

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Let’s be real for a moment! Starting a business is hard and staying in business is even harder. There are days when you will feel like your business is failing and will never hit the goals that you set in your business plan (I am assuming that you have a business plan). We are all entitled to have our bad days. This is the nature of being human. What I want to focus on are ways that we can overcome these temporary moments to prevent us from having unproductive days and fall into entrepreneur depression. Being a business owner requires you to be persistent and flexible because nothing ever turns out the way that you see it in your mind. Because I too have days when it’s difficult to jump out of bed and get started, I wanted to share with you a few ways that I stay motivated on my businesses.

Revisit Your Goals

What do you want to accomplish with your business? Are you just moody or do you have a serious problem with how your business is developing? You need to have goals to answer these questions. If you have not written down your short-term and long-term business goals, I would advise that you do so right now.  Analyzing your goals will let you see what areas you are strong in and what areas need work. Maybe you aren’t hitting your goals because you are not waking up early enough or making enough contacts when you network. Make it a regular habit to review your business goals just like it’s a road map. You may know where you want to be, but it’s up to you to ensure that you are moving in the right direction.

You may also look at your goals and realize that you are on the right track. This should give you some peace of mind. Every day will not be a great day, but you should strive to look for the silver lining in everything.  To learn more about setting goals, click here to read The Importance of Setting Goals.

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Find A Mentor

As a first-generation entrepreneur, you might not have many people in your life that understand your journey, but you can find them. It helps to have a person to talk to about your business and life when times are good and bad. It’s not healthy to keep everything inside, but it is also dangerous to discuss your frustrations with people that think you should just go get a job and shut up. You need someone that has been where you are and can guide you into a better place. This often requires you doing a little work to find this person, but it will be well worth it. A business mentor also assumes the role of an accountability partner. An accountability partner is a great way to make sure that you are hitting your goals and staying on track.

For more information on finding a business mentor, click here to read How to Find a Business Mentor

Exercise

Exercise is helpful in improving mental clarity. When I’m in a funky mood, I force myself to go for a walk, jog to the park, or play tennis. Exercise is a must. Without movement, it is easy to feel like you are not making progress and become depressed. By dedicating 20-30 mins a day to movement, you will increase your productivity for the day. Another reason why I like to exercise is that I receive some of my best ideas when I exercise. I’m not sure of the science behind this, but my mind comes alive when I work out.

Read Books about Your Industry

Sometimes we are stuck in a rut because we don’t have enough information to solve a problem. Try going to your local bookstore for a few hours and read books pertaining to your industry. Take a notebook to write down your thoughts. Reading new information will help stimulate your mind to find answers to your questions. Do not feel obligated to buy any book if you don’t have the money. Use the bookstore as if it were a library. Kick your shoes off, get comfortable and read like your business depended on it, because it does.

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Watch Motivational Videos

My favorite videos to watch are Napolean Hill, Abraham Hicks, Tai Lopez, Sarah Jakes of One Church in Los Angeles, and any How To video on digital marketing. YouTube University can teach you anything that you want to know and it’s all free. By hearing motivational stories, you are able to gain new information and be inspired by other entrepreneurs.

Take a Nap

We are all familiar with  #teamnosleep, #everydayImHustling, and #grind24/7, but it is actually not healthy for you to miss a significant amount of sleep. During the day, we are overexposed to ideas, images, and conversations that can overstimulate our minds. Without rest, you can become grumpy, irritable, and unfocused on the minute details of your business. If you feel yourself becoming irritable, try taking a 15-20 minute nap. 15 minutes are just enough time to feel refreshed and have an improved mood. I know #teamnosleep does not believe in taking a break, but if 15 minutes of rest will make you more productive, it might be a good idea for your business.

Think of a Person that Has It Worse Than You

Anytime that I wake up and want to stay in bed, I think about single mothers. What would my life be like if I had children? I would not have a choice about whether to get up and be responsible for another human being. Single mothers are extremely motivated and often go back to school, get degrees and start businesses while raising a family. I seriously think about this when my alarm goes off in the morning. I realize that I might be a punk compared to all the single mothers out there. Comparing my life with someone who appears to have it harder makes it easier for me to shake off my mood and get to work.

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