Your journey of business ownership is exhilarating and challenging at the same time. You’re managing various components of your company and trying to predict markets and how your offerings fit into them, all while trying to keep your head straight. You may act like you’ve got it under control, but let’s face it, nobody’s perfect. Except my mom.
We’re in the middle of summer here in the States and while our businesses are still churning away, it’s also a great time to do some recalibrating. So let’s start with your mindset.
Embrace a growth mindset – View challenges as opportunities. It’s so easy to shy away from a challenge, but everything presented to you in life is a chance to grow. And, when you encourage a growth mindset in your business, you encourage the rest of your team to improve, innovate and pivot when necessary in an ever-changing economy.
Set clear goals and prioritize – Break down your long-term objectives into smaller goals. Prioritize them and remember to delegate!
Practice mindfulness and self-care – Business ownership can be mentally taxing! That’s why it’s essential to take care of your body and mind. Incorporate relaxation techniques like meditation or deep breathing. Take short breaks throughout the day. Get enough sleep, exercise, water, and nutrition. Even if you’re not stressed out at the time, implementing these steps will automatically maintain balance for you.
Embrace failure – Again, everything is a learning opportunity. Do you know how much spaghetti gets thrown at the wall to see what sticks? If something isn’t working, it stinks. I know. I also know, as you do, that each time “it” doesn’t work, it’s the universe giving us a chance to find the right thing that does.
Celebrate progress – You worked your butt off. You experienced success. Celebrate! Take time to really appreciate and show gratitude for your wins. And, you can acknowledge what worked, and build on it later.
If you know me, you know that I am constantly cultivating and trying to improve upon creating a balanced mindset. It takes consistency and commitment. But hey, you started a business, so you can do anything.
When you have a healthy mindset, everything else will call into place much easier.
Wishing you health and wealth always.
-Mike
