I talk a lot about the nuts and bolts of starting or buying and running a small business.
In my coaching and consulting business, my clients and I work together a lot on streamlining their systems to allow them more personal freedom and increased income.
But there is much more to understand.
Small business owners and entrepreneurs have different mindsets.
Many small business owners transitioned from being employed in a business similar to the one they now own - and in many ways they STILL see themselves as employees.
Entrepreneurs, on the other hand, are more likely to start businesses from scratch, think big, plan for a sale of the business, or start multiple businesses at once.
They work on their business looking for opportunities today and in the future.
The small business owner tends not to work on their business but rather they work in it and get very married to it.
The downside is that when the economy gets tight the small business owners often end up in survival mode.
For the entrepreneur, the down economy is just another opportunity waiting for them.
How can a small business owner change this mindset? Take some time to sit down and envision what you want your entire life to look like, to feel like and how your business fits in with that picture.
Write it all down.
The more details of this future you can tease out, the better.
What does an average day look like in your future? How much money does your business need to make for you to move into thrive (vs.
survive) mode? How would you spend that income? Or is it free time that most lures you? How do you feel in this world? Don't spend much time on the "how" right now.
Focus on the "what".
Most business owners have a strong gut idea of what they really want, but practical thoughts bring them down.
When detailing your life's vision in writing, skip being practical.
The "how's" can what.
Take time to focus on the "what" for now.
Don't pressure yourself with timelines.
Just getting a detailed vision down on paper can be enough to help you bring it to reality.
Professional athletes understanding mentally creating what they want to happen before they step onto the course or the field.
Tiger Woods and others work with coaches on visualizing their end results and it works.
Why shouldn't you do this as well? Really experiencing what living your dream FEELS like every day helps you encourage your brain to be more entrepreneurial.
Remember, you are a business OWNER, not an employee.
So, are you ready to take your small business to the next success level? Are you ready to acknowledge that big vision or do you want to stay married to your business and let it own you? Start thinking BIG like entrepreneurs do.
In my coaching and consulting business, my clients and I work together a lot on streamlining their systems to allow them more personal freedom and increased income.
But there is much more to understand.
Small business owners and entrepreneurs have different mindsets.
Many small business owners transitioned from being employed in a business similar to the one they now own - and in many ways they STILL see themselves as employees.
Entrepreneurs, on the other hand, are more likely to start businesses from scratch, think big, plan for a sale of the business, or start multiple businesses at once.
They work on their business looking for opportunities today and in the future.
The small business owner tends not to work on their business but rather they work in it and get very married to it.
The downside is that when the economy gets tight the small business owners often end up in survival mode.
For the entrepreneur, the down economy is just another opportunity waiting for them.
How can a small business owner change this mindset? Take some time to sit down and envision what you want your entire life to look like, to feel like and how your business fits in with that picture.
Write it all down.
The more details of this future you can tease out, the better.
What does an average day look like in your future? How much money does your business need to make for you to move into thrive (vs.
survive) mode? How would you spend that income? Or is it free time that most lures you? How do you feel in this world? Don't spend much time on the "how" right now.
Focus on the "what".
Most business owners have a strong gut idea of what they really want, but practical thoughts bring them down.
When detailing your life's vision in writing, skip being practical.
The "how's" can what.
Take time to focus on the "what" for now.
Don't pressure yourself with timelines.
Just getting a detailed vision down on paper can be enough to help you bring it to reality.
Professional athletes understanding mentally creating what they want to happen before they step onto the course or the field.
Tiger Woods and others work with coaches on visualizing their end results and it works.
Why shouldn't you do this as well? Really experiencing what living your dream FEELS like every day helps you encourage your brain to be more entrepreneurial.
Remember, you are a business OWNER, not an employee.
So, are you ready to take your small business to the next success level? Are you ready to acknowledge that big vision or do you want to stay married to your business and let it own you? Start thinking BIG like entrepreneurs do.
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