Building an Empire Without Losing Your Mind

Women in business

As women in this world we are constantly reminded that there is an ideal that we should attempt to meet. There are right and wrong ways to look, speak, and work, and those can change depending on who you are with at the time. It’s easy to get caught up in a whirlwind of perfectionism, but I’m here to tell you that being perfect gets you absolutely no where.

When you’re building your own business, you find that there is a fine line to walk. On one hand, you want to be excellent in everything that you do, but on the other hand, you don’t want to get so caught up with perfectionism that you don’t get anything done at all. So how do we do this?

Set reasonable expectations

Your business simply won’t take off over night. I know it seems to appear that way for some people, however what you may not see is the years and even decades of work that were put in to arrive at success. The process of growing a successful business is a marathon, not a sprint. So don’t try to rush it, put some roots down, settle in, and keep doing good work. To continue propelling yourself forward, set reasonable expectations for the next quarter, or the next year. When you set the bar too high you add unnecessary pressure to yourself and you miss all the small steps that make your business strong.

Set your priorities

When building your business, your priorities ought to be based around all of the important tasks that help you to grow. Often, we get into the habit of focusing too much on easy tasks because we get a sense of satisfaction from checking them off of the list. Creating spreadsheets and ordering office supplies are far easier and less intimidating tasks than the “s” word: sales. But sales and marketing are what make you money in the long run. Make sure your priorities are set based on what is going to move you and your business ahead.

Trust your team

We like to think we can do it all. But ladies, I promise you, it isn’t true. Don’t get me wrong, we can do a lot. Women are great leaders, excellent multi-taskers, and calm in the face of chaos. And fortunately, we’re also great at building community. Instead of overwhelming yourself with work, build a great team around you and empower them to do their jobs well.

Rest your mind

Research shows that after 50 hours of work each week your level of productivity begins to decline. That may be hard to believe since we’re told since a young age to work harder and study longer, but after a certain point those hours worked start to take a toll on your body and your mind. As the leader of your company, it’s critical that you are alert and focused, so make sure you know when it’s time to take a beat and get some rest. If this is hard for you, consider setting boundaries. Make sure your team knows not to call you in the evenings, and leave your phone and laptop out of your bedroom so you can ensure restful sleep without the temptation to check your email again.

You are your business’ greatest asset, but are you bringing your best self to the table? If you want to see your company and your vision grow, start thinking critically about how you can make better use of your time and set reasonable and achievable expectations for your work. And if you need a partner is growing your business, give us a call today. Our firm provides full-service accounting and bookkeeping as well as the trusted advice of a seasoned entrepreneur.

So, You’ve Decided to Become an Entrepreneur? The Path to Entrepreneur Success Starts with these 3 things.

You’re on your way to entrepreneur success!

Congratulations, you have taken the first step in your entrepreneurial journey! If you are here reading this post you’ve likely already begun to think of yourself as an entrepreneur, and maybe right now things are feeling really good, or maybe you have hit one of the many, inevitable bumps in the road. Regardless of where you find yourself today, the journey of an entrepreneur is as unpredictable as it is exciting. If you find yourself struggling at this moment in time remember that you are not alone, there are many people who have come before you and many more will come after you.

Stay focused, stay positive

Entrepreneurs are often very creative people, and creative people often find themselves with lots of varied interests and passions. It can be easy to try and combine all of those different passions into one new business, but by spreading your focus too broadly it’s easy to lose track of your original vision. That’s not to say that you shouldn’t have big dreams, but as you are building the foundation of your business, make sure that you remain focused and make choices that strengthen the fabric of your company. That doesn’t mean you have to let go of any of your wild and exciting dreams. Keep a notebook filled with your big ideas and return to it from time to time to see how those ideas can inform your current business, or lead you to a new business in the future.

Find a strong group of mentors

It is inevitable, you will, from time to time lose track of your next steps and you’ll feel lost and afraid. I understand you because I’ve been there before. Having a group of trusted mentors who know you, understand your vision for the future, and have experience building businesses or organizations of their own is an important asset when you find yourself in tricky place and you need help deciding what your next step should be. Strong mentorship is key to your success. If you’re not sure where to find a mentor, begin attending networking and business events, or introduce yourself to a business owner who you admire. Be bold in your pursuit of good advice, it is a valuable resource!

Trust your instincts

You started your business because you love what you do and what to see it through. On this journey you will come across situations and and well meaning people who try to direct you off of your path. Perhaps their vision for your business is different than yours, or they’d like to see you make a different choice for your life. Our well-meaning friends and family can sometimes drive us away from meeting our goals. Listen with an open heart, but always trust your instincts, they are the force that has directed you down this path so far.

Starting your new business is as hard and scary as it is thrilling and rewarding. Don’t let yourself be intimidated by the big steps and choices that are coming up next for you. You are brave and courageous for even starting this journey, so remember to surround yourself with people who believe in you, stay focused, and trust your instincts. And as your business grows I hope you will reach out to me for any of the bookkeeping and accounting services that you need. It would be my honor to help you grow, contact me today for a free consultation.

 

Persistence is Key to Building a Business

successful business

Entrepreneurship is a tough road, and too often very talented people end up discouraged when failure inevitably knocks at their door. If you’re just now getting started on your path to entrepreneurship, do yourself a favor and come to terms with the idea that things won’t always go perfectly. That’s not to say you should live in fear of the future, but rather with an awareness that it will come. When failure does come your way, there is one thing that will help you to continue moving forward: persistence. Like many other skills, persistence is a muscle that you build over time and with experience, here are some tips that will help.

  1. Question your “no’s”

Whether you’re an entrepreneur or not, getting used to hearing the word no is simply an inevitability in this life. As a kid you hear “no you may not play with that,” which turns into “no you may not go out on a school night” in your teen years, and eventually turns into “no, you can’t have that job” or that house, or take that trip, you can fill in the blanks for yourself. And while there are some unavoidable “no’s,” they’re not all your destiny. An important skill to learn when becoming an entrepreneur is to constantly question your “nos.” Every great invention or advancement in technology was started by someone who once heard “no.” So next time someone tells you that what you want isn’t possible, listen to them with a critical ear. Is this the right moment to exercise persistence?

  1. Surround yourself with positivity

The skill of persistence is developed over time, and like any other skill, the more you do it the easier it is. But getting started is sometimes the hard part. To be honest, I think some people come by it naturally, but that isn’t the case for everyone. One way to boost your persistence quota is to surround yourself with positive people who believe in you and your dreams. We tend to mirror the people we spend a majority of our time with, so if you want to be positive, confident, and motivated you should surround yourself with people who exude those qualities.

  1. Set yourself up for success

The act of persistence takes energy and preparation. Without a plan “B” you’ll fall flat each time something doesn’t workout in your favor. Take care of yourself. Eat foods that nourish your body, stay hydrated, exercise regularly, and get enough sleep. Be prepared and energized to take the next best step when plan “A” falls through. At the end of the day, persistence is worthless if not paired with preparation.

No one wants to think about failure, but it is inevitable when you are building a business. Something, probably many things, will eventually go wrong and require you to push beyond what you thought you could do to ensure your dream moves forward. Persistence is a skill that is built and honed over time, and persistence combined with passion, preparation, and a good idea are the building blocks to a successful business. Do you need support as you build upon your dreams? Give us a call!