How to Stay Motivated in Your Business
Long after the excitement of starting a business is gone and you are immersed in the day-to-day challenges of being an entrepreneur, it is easy to lose the motivation to keep pushing yourself. Running your own business has its benefits, but it is a constant grind and you need to keep reminding yourself why you decided to take the path of an entrepreneur.
Here are three ways to stay motivated, regardless of the size of your business.
1. Remind yourself of your desire to achieve.
The number-one strength of a successful business owner is perseverance. When I asked around to find out what keeps entrepreneurs motivated — ambition and perseverance were two words that kept surfacing. The desire to achieve and succeed prevented them from giving up after every failure and fuelled their drive more than any other factor.
If you find it challenging to maintain your morale in the long term, look around you and identify the people who make up your success team. Whether it’s a senior mentor who inspires you to stay aligned with your goals, or a younger business partner who fuels your energy and ideas, surrounding yourself with these positive “cheerleaders” helps turn every setback into a lesson of growth instead of a failure.
Business owners Saw&Tan from eCommerce Malaysia says what keeps their business desire alive is:
The joy of seeing others succeed. That’s the biggest motivation for us.
2. Set realistic goals.
If you have just established a startup company and your goal is to make RM 1 million this year, then you might be setting yourself up for major disappointment. Instead, set several smaller, measurable milestones so that you can keep track of your progress.
Create a big-picture strategy for your business, and set realistic goals on how to achieve them. Everything from valuable networking, advertising and marketing, ramping up your social media, or even hiring an employee takes time to materialise. Develop a plan and be prepared to tackle it one step at a time.
When you hit the smaller goals, give yourself a pat on the back or reward yourself with something you enjoy. That positive vibe will definitely propel you further.
3. Take care of yourself.
Yes, having your own business means you’re invested 24/7, but being invested and overworked are two different things. There is nothing more intimidating than spending your day alone in your home office. Always make time for yourself.
Clothesmaker-entrepreneur Syaron Lee says what keeps her motivated is:
“Ambition, exercise and time off. This helps me get through the days with more energy and inspiration.”
Set regular hours during the week to unwind, hang out with family and friends, sign up for a workout course, take refreshing walks, read or watch TV. Even take a vacation if you can afford it! This gives your brain and body time to rest, recharge, and more energy to run a successful business.