How do you know when it is time to grow? And what does it take to grow?
The reality is, certain things in your life will have to be put on hold, you will have to re-allocate a bit of your time, you will probably have to spend a little bit more money or make a little bit less money than you are used to or comfortable with, and you have to be willing to take that risk and commit 100% for what lies ahead.
I would never recommend that anyone attempt to expand before they have a concrete plan for expansion. You need to know what your goals are and when you want to achieve them and how you believe you will achieve them. How much time will you need to set aside additionally in order to achieve your goals and what do you need to do additionally in order to achieve these goals?
Do you need more people, do you need more money, do you need more time in the day?
If it’s money and money is a struggle, are there things that you can cut out that are additional and nonessential expenses and you can instead bet on yourself and invest that money into you instead?
And then what about time, how do we create that?
Maybe start with doing a little bit of an audit of your day. What do you do with your time? how much time is spent on your phone? Watching TV? Lounging? What other things are you doing with your day that could be more constructive and don’t necessarily add to the positivity of your day?
Can you maybe play a little bit less on the weekends and commit a little bit more time to being constructive? Just for now!
* Note that this period of time when you’re figuring out how to grow and then actually executing those steps is not a process that will last forever. But it is something that needs a serious time commitment and a lot of focus, and it will not be easy.
You need to figure out what things provide you with the most mental and physical relief and make sure to integrate that into your schedule so that you do not burn out. You need to figure out how many hours you can physically work before the quality of your work decreases. Make notes of that and make sure to stand up, walk around, eat something, stand outside, anything possible at that breaking point so that you can get a reset, return to your work, and be just as efficient as you were prior to needing your break. Figuring out your working style and resting style is essential here in order to achieve these goals. Understanding the time commitment and potential changes in your schedule is also essential because you might have to give up some things that you really like, just for the time being.
Being an entrepreneur and growing a business is not easy. If it’s something you’re driven to do and you enjoy being creative, working hard, and being your own boss, in my opinion all the hard work is worthwhile.
If this was overwhelming and you need help, feel free to contact us for a free consult!