How to Accelerate Your Entrepreneurial Journey from Good to Great

  • The top motivation for someone to open a business is that they’re ready to become their own boss.
  • 69% of entrepreneurs start their business at home.
  • $10,000 is the average startup capital.
  • 82% of startup funds come from the entrepreneur or their family and friends.
  • Going from good to great with your entrepreneurial journey
  • Figuring out how to embrace failure
  • Ensuring that you are doing what you’re truly passionate about
  • Being okay with not knowing everything but not okay with not trying
  • Pushing to make progress over making everything perfect and much more

Put Yourself in the Right Mindset

If you’re not dedicated and motivated, you’re never going to make headway, even in something as vital as finding your passion in life. As such, it’s important to put yourself in a good headspace. Be eager to learn, grow, and take on all new opportunities, including things you wouldn’t think you’d like, from hiking to taking a community leadership role.

Find Out What You Don’t Want

As individuals, each one of us has different proclivities — and, as such, certain things that will never click. Whether dealing with children isn’t for you or speaking in public makes you tremble, there are plenty of ideas or opportunities that simply won’t be enjoyable.

Get Used to Failure and Rejection

Failure is often the price of success. Many times, it takes trial and error to get your product or service just right. And even then, you may find yourself facing setbacks that keep you from success.

Embrace the Journey

Nothing is easy in life, and that includes finding what calls you.

Know Your Superpower

Assessing your strengths and weaknesses is important to growing any business because you can keep doing what you’re good at, and you can delegate or hire help for the things you’re not so great at.

Do What You Love, Love What You Do

When you’re doing what you love, you’re not working for the weekends or for your next vacation. You’re in the long game of making your work the best you can. And as I wrote in a previous blog post, Key Lessons for Entrepreneurial Success:

Be Committed to Investing in Marketing

The world is on the Internet, and over 87% of purchasing decisions begin with online research. While there is likely an audience for your idea, there is also too much competition for you not to be strategic in your marketing efforts. Make sure you understand your target market (which you will have identified in your business plan) and think of unique ways to get in front of them.

Balance Working Hard With Mindful Resting

Being self-employed does have its perks; yet, on the other hand, you also have to make sure you are hustling every single day to bring in money. Truth is, it isn’t for everyone either and that’s okay.

  • Make time to disconnect every single day. This could be 1–2 hours for a workout, for lunch with a friend, or even for reading.
  • Go to bed at a reasonable time. Be aware of what can wait until tomorrow vs. what has to be done today. Having a restful night of sleep will help you feel more refreshed the next day.
  • Prioritize. Running your own business can feel like you have way too many things to do, and not enough time or manpower. However, this is where the power of prioritization comes in. Focus on the important items that will help move the needle for you first — everything else should come in secondary.
  • Outsource. You can’t be the expert in everything when it comes to running a business so outsource what you can (e.g. bookkeeping, taxes, copywriting, etc.) Fiverr can be a great place to find qualified freelancers to help free up some of your time.

Wrapping It Up

One of the biggest things that has contributed to my progress with my entrepreneurial journey is the fact that I’m 100% accountable for what I take on. In other words, I don’t depend on others to dictate my path. I am constantly paving the way for myself because the vision and goals I put in place for myself are there to fuel my passion for what I do.

  • Have a clear vision of what the destination looks like
  • Break up the path to achieving your goals into smaller steps
  • Hold yourself accountable
  • Design a roadmap that will help guide you
  • Stay focused on making progress

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Suttida

Suttida

Entrepreneur. Raising a business and babies. Avid blogger. Digital marketing enthusiast. Love to get shit done. Learn more: suttida.com