Everyone has their own idea of what success looks like, but have you stopped to consider what success means to you? Many of us just assume we’re not successful until we’ve reached some benchmark society as set for us, whether it’s making millions of dollars or having a huge team of people working for us.
But success isn’t always about how much money you make or how famous your clients are. Those are great goals to have, but they’re not a part of everyone’s dream.
The problem with going along with society’s definition of success without stopping to think about what YOU want is that you can end up burned out, stressed out, and unsatisfied. To make sure that doesn’t happen, let’s go through a few steps you can take to identify what success looks like for you, so we can create a roadmap to get you there.
Visualize Your Ideal Business
Visualize Your Ideal Life
When we talk about success, so often we tend to talk about our business, but it’s important to remember that you can be successful personally and professionally - and, yes, you can have both. Never let anyone tell you otherwise.
So, once you’ve mapped out what success looks like for your business, it’s time to map out what success looks like for your personal life. Do you like working from home, or would you prefer to be in an office? How many hours do you want to work each day? Each week?
If you love working all the time, by all means, structure your business in such a way that you’re always on the clock. But for those of us who prefer more life in our work/life balance, it’s important to remember that wanting to limit our work hours does not mean we’re lazy, or that we’re not committed to our business. It just means we have a different definition of success for ourselves and that’s OK.
Compare and Contrast
Once you know what you want for your business and what you want for your personal life, it’s time to see if those two visions match up, or at least overlap. If you want to run a business that involves managing hundreds of employees, but you also want to be able to take time off unexpectedly if your kid gets sick, you might have a hard time achieving both of those goals. That’s OK. That means something’s gotta give, but you just have to find the areas where your two visions overlap and focus on how you can make that a reality.
Helping small business owners spend more time at home without sacrificing their income is where I excel as a business coach. If achieving a work/life balance that works for you is something you’ve been struggling with, schedule a FREE clarity call now to talk about how I can help.
Most businesses start with a big idea. Entrepreneurs want to change the world … or at least their industry. I love big goals, but I also know they can be overwhelming, and sometimes that leads to paralysis. If you’ve been getting frustrated because you don’t have time to work on the big projects for your business, I have good news for you: small actions are just as valuable, if not more so. Taking just 15-30 minutes each day (or even each week) to work on your business can have a significant impact. If you’re not convinced, I have a few reasons you should rethink your position on small actions in your business.
Small Actions Add Up
You can also tackle large projects for your business by breaking them down into small actions. For example, if you want to create a series of courses to draw in leads for your business, don’t try to tackle the whole thing in a day, or even a weekend. Just focus on coming up with a good title one day. Then create an outline on another day. A day or two later, you can record a video. Later on you can record another video. Before you know it, you’ll have a complete course that’s ready to launch and be promoted!
When you give yourself a big goal and you don’t accomplish that goal, you feel like a failure, and that feeling can discourage you from even attempting to accomplish other things in your business.
By contrast, small actions are less intimidating, and therefore more likely to get done. When you go to check them off your to-do list, it creates a sense of accomplishment and pride. By proving to yourself that you are capable of taking action in your business (however small those actions may be), you build a sense of accountability, which makes it more likely you’ll take more actions (big and small) in your business later on down the road
It Forces You to Prioritize
We are at our most efficient when we’re on the clock. When you only have a few minutes to work on something, it forces you to think about the most important actions you can take in your business, and that strategic approach is the key to success. You might be surprised to find that some of the most important actions you can take in your business are also sometimes the smallest actions.
Take Some Time Off
No matter how much you love someone, you don’t want to spend every second of every day with them. Maybe you feel that way in the beginning, but as time goes on and you get more comfortable with each other, chances are good you’ll both need your space.
The same goes for your businesses. When you first launch, you’re super excited and ready to work 24/7 on your business to make it a success. But then reality hits as you realize it’s just not sustainable to spend that much time working, and no matter how much you love your business, eventually you’re going to need some time away.
One of the reasons I started my business was because, even though I loved the work I was doing, I didn’t love working for someone else, and I didn’t love how much of my time it took away from my family. So, I started my own business with the intention to work smarter, rather than harder, so I could spend more time with my family without sacrificing my income. What I love about my business is helping other entrepreneurs find that same freedom and find success in their business by focusing on what they love about it and focusing on those aspects of their business, so schedule a clarity call now if you’re ready to get started.
Many entrepreneurs end up as small business owners because they loved doing something and they realized they could make money doing it, but making money off something isn’t enough to qualify it as a business. Nor does it have to be your main source of income in order to be considered a business. If you have a day job and a side hustle that’s making you money, that side hustle can still be considered a business… if you treat it like a business. The question is where is the line that determines when a hobby stops being a hobby and starts being a business?
Are You Making a Profit?
Incorporating your business is one of the best ways to demonstrate how serious you are. Even if you’re not working on your business full time and it’s not your main source of income, incorporating is a way to show you’re serious about growing it into a viable business. It’s also a way to protect your personal assets if something goes wrong in your business and you become liable for losses and/or damages.
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