Being an entrepreneur is no easy feat. It is giving up the comforts of a cushy job with a stable income in a large office to strive for success on your own terms. It is a risk that one takes after carefully considering if it is worth taking. It starts with an idea and moves on to an ecosystem where you are your own boss. It is characterized by countless late nights, numerous calls and emails, and your best friend becomes coffee. However, there is one thing that is common among entrepreneurs – the risk of burning out.
Reaching your full potential is not an overnight transition, rather a gradual journey that needs sufficient time, experience and nurturing. Here, we explore 5 important things an entrepreneur must do to be the best possible version of themselves every day.
1. Learn every day
Just because you have a great product idea, doesn’t mean you have made it. It is crucial as an entrepreneur to spend some time every day in the pursuit of new knowledge. Everything you learn will have an impact on how your business turns out to be. Learning does not necessarily mean sitting with a book but even reading a new article on marketing successes, industry trends and leadership skills constitute as gaining knowledge. Furthermore, online learning is a great way to gain access to thought leaders in a particular space for free. In this age of information, there is no excuse not to be learning every day. You can also learn from other people. Surrounding yourself with smart people who know a thing or two you don’t is a great way to learn about something first-hand. In fact, Warren Buffet said, “I think you can learn a lot from other people. In fact, I think, if you learn reasonably well from other people, you don’t have to get any new ideas or do much on your own. You can just apply the best of what you see.” Smart, isn’t it?
2. Focus on one thing
As an entrepreneur, it is easy to get lost in the minefield of ideas. Your brain can be buzzing with concepts, campaigns and products. However, the mark of a successful entrepreneur is the ability to stay laser-focussed on one thing – the stage the product is at. If you have great ideas for viral marketing campaigns, that is great. But if the product is still in production, it is merely a diversion of your energies. Wherever the product is at, for now, be it pre-production, branding or even investment seeking, that is where your focus must be. Of course, as an entrepreneur, you wear many hats, but your best results come from doing your best in one thing at a time.
3. Sleep like boss
Being your own boss comes with the idea that you work all day, all night and in the few minutes you find in spare. While this might seem like an ideal situation, it is far from healthy. Lack of sleep not only affects your physical health but also impairs your cognitive ability, increases your stress and is a one-way ticket to mental health issues. Apart from that, you would suffer from exhaustion, fatigue and moodiness making you far from productive. The best thing you can do for the heaps of work piling up in front of you is know how to pace yourself and sleep well at night. Invest in adjustable beds that come with a three-zone built-in massager that helps you de-stress and relaxes your body before you sleep so you can truly sleep like a boss. Burning the midnight oil is just going to cause you to burn out faster.
4. Find your motivation
Rarely has a successful CEO ever said that money was what motivated them to work hard every day. Your motivation should go beyond wealth. It usually lies within. There are days that you might not want to get up from the bed. There are days you might want to give up. However, it is crucial that you spend a few minutes every day reflecting on what you want to achieve and why you want to do it. Spending that time usually strengthens your motivation, renews your drive and pushes you to work toward your goal. With every idea you have, let the impact of your idea drive you than the money it would bring to your bank account. Thomas Jefferson once said, “I find that the harder I work, the more luck I seem to have.” This is something you will come to see once you put in the effort.
5. Get organized
Running a business is not the same thing as being in a pig-sty. So, there is no reason your workday and office should look like one. The more chaos you bring into your workday, the more scattered your brain tends to be. Being organized helps you think better, divide up your day perfectly and go home in time to sleep. You can use to-do lists, calendars and a day-planner. It goes a long way to increasing your productivity and making the most of your time. With each task you have to complete, there are ten other things to get done. So, it might be a good idea to start writing it all down so you won’t forget any of them. Remember, as you are starting out, you might not have an assistant or anyone else for that matter to organize your life. You got to be able to handle that on your own.
Being an entrepreneur is a journey full of ups and downs. There are struggles, obstacles and failures. There is also uncontainable happiness when you start seeing an idea turn to fruition because of the work you put into it. It is a journey worth taking because the experience itself teaches you more than any college ever can.
Albert Einstein once said, “Try not to become a man of success. Rather become a man of value.” Be an entrepreneur for the value you can bring to others rather than the materials it may bring you.
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