It could be that one of your reasons you commenced or are planning on starting our personal business and becoming an entrepreneur is simply because you desire flexibility. It might be that you might want additional time with family, or any other part-time career, or you would like to working hours which fit around children’s commitments or perhaps travel times. My reason was that I could have the ability to have operations on my own damaged pelvis, hip and spine. You may also get some unique reason why you want, and in many cases need, the flexibility of working for yourself.
Then obviously there is a case of money – and yes, it’s a significant factor for most of us when making the choice to function in our very own business instead of so that it is all for someone else. Furthermore, i hear my members state that they would like to really make a difference, and so i really can support this fact since it is wonderful to have the knowledge and impart it to others and enrich lives, so again, this is a key factor. However, the most crucial reason has a tendency to shine out head and shoulders over the rest would be to have FREEDOM.
Now I assume that flexibility may also count as Freedom, and definitely money buys freedom in some ways and being able to let the creativity flow and help others is a kind of freedom (you might have heard the term ‘free to convey myself’.
I am speaking about the masses when I refer to ‘us’ and ‘we’ and i also do understand that you will have a percent, an extremely small percent that do not go with means of thinking and working but for now, this is certainly for the majority of us.
The working life could have been the 9-5, although 9-5 is usually 7-7 whenever you take into account getting ready, travel and preparation time. It’s a massive slice of time out of your one day in each and every day. Time is such a precious commodity and it’s the only one that cannot be replaced. Therefore we wish to apply it wisely and maximum benefit and best out of each minute and hour inside the day. I don’t imply that we need to give your very best every hour, I wish for you to consider the job you are doing to see in case you are doing things that are unnecessary or duplicating effort with little if any returns.
Time used on yourself is important, and the majority of people state that they ‘don’t hold the time’ or the classic ‘I will attempt to make time’. I actually have a bit shock fact to announce here, no one, no matter how clever they can be or talented or experience – no one – could make time. You have all there may be.
Its because of this that if I hear some entrepreneurs work flat out all day long every day and to the evening and weekend, it raises concern. Why is there a whole lot that has to be performed by one person, and is all this productive. The reason I am qualified to ask these questions is simply because I used to be there, I did the 14 hour days with little rewards, I found myself doing the whole shebang myself. I had been generally focusing on every single aspect of the business on my own and ran ragged, tired and became very ineffective. Naturally I couldn’t see that, because ‘I am so busy’ which was my motto. It was actually my grandson who triggered it when he said ‘you never have time for you to do stuff now, such as you did once you were working’. Wow, how powerful was that.
I suddenly considered a few things i was doing, and so i bet you might be thinking similar things now. Where will be the glorious freedom I wanted?
We, entrepreneurs, would be the hardest working people in the world so we will not be the most efficient if you use our skills and our time. It may be you are working 40, 50 or perhaps 60 hours and possibly fitting in all the other items we would like to do such as children’s events, family commitments, home care etc. In addition, you might get too tired to enjoy some major events. It doesn’t really need to be like that.
When your business cannot survive without you working all hours which are sent, i then would question if you have the right business model, and I can be fairly certain that on investigation, you don’t get the right model. I agree that initially when setting up to start your new venture there are tons of points to set up and thus much to do, and in case the dwelling is right, you can also find processes that can be set up and additionally there is automation, all of which can make life and work evenly balanced.
Now is a really terrific time to do a work and life inventory. If you maintain doing everything you have always done, guess what, you will definitely get even more of what you really are getting now, and therefore is probably not what you set out to perform.
Since most people, myself included, started the company with knowledge and skills related to that business, it doesn’t always follow a plan came to be. Now I understand most peoples toes curl up once i focus on plans, mainly because they usually relate these people to a 17 or maybe more page document termed as a ‘Business Plan’. It becomes an essential part of work but there is however something more important. Precisely what is your primary goal? What do you want yourself, your life, your loved ones as well as your future? This can be my type of planning. What do I want and how will I do it. Furthermore, i 16devtpky and update regularly because ‘life is the thing that happens if you are busy making plans’. Things do change, events do happen and curve balls do swing in from the sides.
You could, needless to say, just drift along aimlessly and hope that there will be more business which income will arrive and therefore eventually you will definitely get more spare time. I seriously doubt it having said that i will be corrected for those who have experienced that. We have been coaching entrepreneurs for many years and thus far We have not seen anyone that drifted in a life of Wealth and success and happiness and freedom accidentally. (though it may happen to Lottery winners).
Don’t despair! You can create a fantastic business and possess every one of the freedom, creativity, wealth and success you dream about. But which will take planning, structuring and doing things differently. You may have a lot knowledge and skill close at hand or in your head that simply need applying in the well defined business model. The nicest gem, ITS An Easy Task To DO.
While it’s not just a mammoth task to structure and set processes in place to increase or expand your company, you will find pitfalls, traps and dead-ends which have to be avoided without exception. You could have even experienced many up to now. Of course, if you haven’t, I could almost guarantee which you will if you rush in and strive to make everything yourself. It might be frustrating and very expensive whenever you drop into one of such dreaded events. Believe me, should i had known at the start what I know NOW about growing an enterprise and putting a valuable structure into position and ways to market me and my company, it would have shortened my learning curve by about 70% and that’s a real reflection. I don’t even want to think of the wasted time, money and tears of frustration.
That may be this type of myth and a very costly one. When you are answering the phone, going to the bank and post office, sorting customer care issues, doing the accounts and making the coffee, when have you been doing whatever you do best and doing what pull in the money? To those who say ‘I cant afford help’ I will only say, ‘You cant afford To not have any help, however small it could be’. Each portion of time that you free up by stopping doing the menial tasks, will improve your business x%.
You might not have ever valued your time and energy, now is a great opportunity for you to do it. What would you consider your time and energy may be worth? Precisely what is your hourly rate regarding worth? And PLEASE do not undervalue yourself at this junction. The method that you value yourself is exactly what you portray to everyone else. If you think you will be worth a minimal value, say 25 (£ or $) an hour, you shouldn’t think about staying in business for your self. So start to be realistic, precisely what is your worth 150, 200, 250 (£ or $) each hour. Which makes you with a expensive coffee brewer and errand runner.
I can imagine what you are actually thinking or saying to yourself today. It’s making me smile because We have experienced that place and my coach said a comparable thing for me many years ago. I found myself very defensive and argued the point that I couldn’t afford anyone to do these jobs. I was soon proved wrong, very wrong.
I wrote a list of all of the tasks I performed each day for any week. And yes, it was actually an added component of work i didn’t actually have time to do. But boy, was it a valuable part of work, the truth is it absolutely was priceless. I totted up constantly I found myself ‘running around doing admin, repetitive and menial tasks’ and it also was scary. I actually figured out that if I didn’t do all of those things I could write a book each and every month depending on the time I really could recover. Or I could possibly do more meaningful marketing work or create more products to market. I was able to even afford the time to get a massage as well as a hairdresser, each of which are very important ‘me time’ activities. Of course, if you don’t have ‘me time’ now, you certainly will when you stick around me because the difference it makes to mind, body and soul are amazing. I think alongside marketing your small business or your products, having quality time is one of the most important uses of your energy. It can help you are doing more with less since you are operating at the Peak Performance.
I can keep in mind the days after i could spend 7,8, or 9 hours hoping to get some good info with a web page and acquire the borders correct as well as the opt in box in the right spot and obtain it uploaded towards the web. I hated it and yes it left me drained and irritated. I did it because I thought; I can’t afford anyone to make it happen for me personally. How wrong I used to be with that negative thought. Once I learned all of the tasks that I didn’t like or I wasn’t proficient at or that have been just plain beyond me, i outsourced them, freeing up valuable time to complete more of the things i am expert at, even more of what produces great income plus more of the items makes me feel satisfied at the end of the morning. I outsourced. Don’t worry about that fear at the moment; I will assist you through all this in quite simple to do bite sized pieces.
At the outset of this paragraph I put I CAN Try Everything MYSELF syndrome. Are you presently thinking that way now, is it possible to see that it must be not really a good business (or life) model and that you cannot maintain it and have a successful business?