Entrepreneurs are unique individuals that see something more in a product or service other than just its basic form. These individuals can see the unique qualities that can be shown to the world or they can create something out of nothing. These people have ideas that make others think, Wow! Although, how do they keep going? How do they find that motivation within themselves to get up every day, work those extremely long hours and strive for that moment of success with their idea? Motivation is crucial to any successful entrepreneur. It is the backbone to their drive and ambition to create an amazing service or product to share with their customers. Although, without the key component, self-motivation, to assist them to make it through and continue with their journey, there would be nothing to show for it.
Self-motivation has to be embedded in their thought process, emotions and actions. An entrepreneur knows what they are working towards daily. They keep the desire going for their idea with self-motivation and discipline. Entrepreneurs know where they want their end goal to be, or at least most of them do. Is this goal that they want to become millionaires or is it that they want to be the boss? Only the entrepreneurs themselves can decide that and strive as hard as they can for it. Entrepreneurs understand that there is no time to sit back and relax. This job will require everything they have, such as time, money, and all their efforts. As Niklas Zennstrom founder of Skype and Kazaa states, “If you want to be an entrepreneur, it’s not a job, it’s a lifestyle. It defines you. Forget about vacations, about going home at 6 pm – last thing at night you will send emails, first thing in the morning you’ll read emails, and you wake up in the middle of the night. But it’s hugely rewarding as you’re fulfilling something for yourself” (Kabbage, paragraph 102). This is an excellent example of the fight within an entrepreneur to keep going no matter how tough things may get throughout their idea’s journey.
An entrepreneur’s motivation is the stronghold that keeps them moving forward and not giving up on their goals. Our brains want us to achieve success, and they also allow negativity with the thoughts of not achieving our goals. As Dustin Wax with Lifehack states in The Science Of Setting Goals “According to research of psychologists, neurologists and other scientists, setting a goal invests ourselves into the target as if we’d already accomplished it” (Wax, paragraph 2). This shows that an entrepreneur’s goals are assisting in motivating his or her mind to continue striving toward his or her accomplishments. In conclusion, Motivation is key to making it. As Neil Patel states in his article The 7 Secrets Self-Motivated Entrepreneurs Know, “Self-motivation is one of the underlying forces that distinguish successful entrepreneurs from those who stagger from one neglected startup to another” (paragraph 27).
Working for oneself is an exciting prospect for most, but like any other job, it comes with it’s set of challenges. Often times, sole proprietors begin with a bang but begin to lose focus or motivation as time goes on. We thought it would be beneficial to our licensees, and anyone who works for themselves or in small groups, to outline some helpful tips to stay motivated, energetic, and productive.
1) Even if you’re not in an office environment, act like you are
Yes, one of the nice things about working for yourself is that ultimately, you are the boss. You decide when to start and end your day, what tasks to take on, what you’re going to wear, and so on. While this is a freeing concept, make sure that you’re treating your business with the respect that it deserves. Think about some of the structural aspects of an office setting and apply them to your business. Everything from getting up early to getting dressed, taking lunch to finishing up at certain time will help to keep you focused and motivated. Getting into the cycle of what a more traditional job requires will get you into a routine that encourages productivity.
2) Make a schedule
This may seem obvious, but laying out a schedule for yourself provides structure. If you’re not ready to schedule out each day, try starting with the upcoming week or even month. This is particularly important for those who tend to procrastinate (you know who you are). With a schedule, you’ll know what tasks you want to get done at what time and will help you to keep yourself accountable.
3) Set goals
Humans have a natural disposition toward demonstrating ability in achievement situations. Do yourself and your business a favor and set goals for yourself. With clear goals laid out, you will help yourself stay motivated to achieve those goals. Goals of all sizes are important: Small daily goals, moderate weekly goals, larger monthly goals, lofty annual goals. Your daily goals should help you achieve your weekly goals, which should help you achieve your monthly goals, and so on.
4) Reward yourself
To help hold yourself accountable to your schedule working toward your goals, reward yourself after you’ve made some progress. Simple rewards like finishing a task before taking lunch will help you work toward completing your daily goals. If you have a distraction that tempts you throughout the day like something on TV or just some fresh air, turn those distractions into rewards for your work. When you reward yourself, you’ll stay motivated while taking a positive approach to how you work.
5) Take action
Stop thinking and start doing! Once you’ve made a schedule and set goals for yourself, it’s time to execute. If you overthink what you should be doing then you’ll only end up procrastinating. The worst thing that can happen when you start doing is the possibility of failure, and you know what they say… “Failure is the seed of growth and success.” Allow yourself to have these learning opportunities. They will only further help you to achieve the goals that you’ve laid out for yourself. The more you learn about the processes you take, the easier they will become and the more effective you will become at working through them.
Being your own boss can be a daunting task only if you allow it to be. When you walk the walk, make a schedule for yourself, set goals, allow yourself to earn rewards, and act on your goals, you’ll be a more productive and happy entrepreneur.