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Published on October 17, 2018

Feel like Giving Up? 16 Way to Help Entrepreneurs Stay Motivated

Feel like Giving Up? 16 Way to Help Entrepreneurs Stay Motivated

When you’re dreaming about becoming an entrepreneur and starting your own business, motivation never seems to be a problem. Once you launch that business and get your hands dirty, well, those long days of burning the midnight oil can really take their toll and suck your motivational reserves dry.

Staying motivated as an entrepreneur is easier said than done, but it’s without a doubt, essential for the success of your business. From its earliest beginnings and into the prosperous years of your business, staying motivated is what will continue to guide your business to success.

Finding motivation will not only help to fuel your own fire, but those who work with you as well. You’ll find that staying motivated as an entrepreneur will benefit you at work and in other areas of your life.

If you’re looking for a motivation boost, here are 16 ways to fuel the fire of your entrepreneurial spirit.

1. Recognize the small victories

Choosing to leave the corporate grind of working for somebody else and embark on a path as your own boss is in itself, a victory. It’s critical to your success that you learn to recognize and celebrate each of the little victories on your journey of entrepreneurship at every step.

Of course those big wins where trumpets seem to emerge out of nowhere and the clouds part just for you are awesome, but they don’t come often. It’s the small victories that drive success and ultimately lead to those huge champagne bottle-popping wins.

Maybe it’s simply getting the contact information of a potential new client or getting the internet set up at your office space. Taking time to not only recognize, but celebrate the small victories will help you to enjoy life as an entrepreneur that much more.

2. Bring your loved ones into your challenges

Former justice of the United States Supreme Court, Sandra Day O’Connor famously said that we don’t accomplish anything in this life alone, that everything is a tapestry of our relationships with others. Some of the best motivation you’ll get as an entrepreneur is going to come from your friends and family. Share with them your goals and the challenges you’re facing.

They’ll not only be there to share in each of your victories, but will be the ones to pick you up after suffering a defeat. Depending on their own background, they may even be able to offer some practical advice. Bring them into your life as an entrepreneur and allow them to help motivate and strengthen you.

3. Take advantage of the morning

What do Richard Branson and Elon Musk have in common? Besides being ridiculously innovative and wealthy, they make the most of their mornings.[1]

Numerous studies have shown that the first few hours after we wake up are the most productive for our brains. Rather than using that hour before heading to work to scroll your social media feeds, you could be harnessing your re-energized brain power to set you up for knocking out the day’s most important tasks.

Stephanie Kersta , co-founder of Hoame, a studio offering meditation classes, recommends using your morning to get in some mediation:

“Studies have shown that meditating for as little as 10 minutes per day can have profound impacts on the way our brain processes information, which leads to increased productivity. We know that habits we implement first thing in the morning tend to stick a little easier due to the sheer fact that there are naturally less interruptions.”

By taking advantage of the morning hours, you’ll be more motivated with the realization that you’ve done more before noon than many people do in a full day.

These 10 Morning Habits of Successful People are something you should start to learn.

4. Get a good night’s sleep

In order to take advantage of your brain’s morning boost, it’s necessary that you get a good night’s sleep. Waking up at 6am doesn’t do a lot of good if you need seven hours of sleep and didn’t roll into bed until 2am.

Everyone’s body is different, but most researchers tend to agree that eight hours of sleep is ideal. Not getting enough sleep will of course affect your mood, ability to focus, and overall health. It’s difficult to stay motivated on growing your business and reaching your entrepreneurial goals when you’re feeling groggy.

Get some shuteye, your business will thank you.

5. Establish a routine

After discussing the importance of sleep and taking advantage of the morning in regards to staying motivated, you can probably guess the overall theme — routine!

Establishing a solid routine will make all the difference in the world when it comes to your success as an entrepreneur. It will not only cut down on stress, but help to maximize your time and efficiency.

Consider developing a routine that hits these points:

  • Diet and exercise.
  • How to start and end your work day.
  • Carving out time for relaxation and reflection.

Here’s a good example of a morning routine:

Want to Feel More Energized Throughout the Day? Start With This

You’ll probably be surprised at how quickly after you settle into a productive daily routine that you start to chip away at any obstacles which may have been holding you back.

6. Track the money

If you want to have some real visual reminders to keep you motivated — and stay in business — then keep track of all the money going in and out of your company.

Set up those spreadsheets and track everything that you’re spending from the very first day.

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Not only will this help you to better manage money and ensure that it’s there when you need it for expenses, but you’ll be able to see how close you are to hitting different financial goals.

Earned financial success never just creeps up on somebody, it’s carefully planned out each and every single time.

7. Remind yourself of the WHY

Just like your little league coach told you, “keep your eye on the ball.” There was a reason why you decided to start down the road of entrepreneurship and launch a business and it’s important that you remind yourself that from time to time.

Call it whatever you want, the big picture or grand idea, looking back at how far you’ve come and where you’re going is a fantastic motivator.

“Many of life’s failures are people who did not realize how close they were to success when they gave up.” – Thomas Edison.

8. Give yourself a personal reward

There are few things more gratifying and motivating than enjoying the spoils of victory that come with a job well done. It’s in our nature to react to incentives and taking time to reward our accomplishments is a healthy thing.

Maybe it’s hitting a new financial goal or reaching a breakthrough in a new technology you’re developing, but work without reward is a killer of motivation.

How do you celebrate? Buy a round of drinks for friends or coworkers? Hit up a sporting event or concert?

You don’t have to spend a lot of money, or any money at all if you don’t want to. The key is acknowledging an accomplishment with an incentive to keep you motivated to push onward.

9. Map your goals

Goals without a plan are just ideas. You know what your goal as an entrepreneur is, but you’ll need a mapped out business plan to make that goal a reality.

Every entrepreneur has goals they want to accomplish, the problem is that if we fail to put them down they’re more likely not to happen.

Mapping out your goals and writing them down with the steps of what and when you want to accomplish certain tasks, raises your chances for success by as much as 42 percent.

Whether it’s on your phone or a giant whiteboard in your office, you can look at those written goals whenever you need a motivational kick.

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10. Seek out inspiration

Everyone finds inspiration to help them stay focused, excited, and motivated from sources outside themselves.

For example, Olympic swimming gold medalist Michael Phelps would listen to Eminem to pump himself up before a race. For you, it might be watching Rocky Balboa’s jog through Philadelphia once a week or reading every piece of business and entrepreneurial literature you can get your hands on.

The point is that seeking out inspiration puts us in a positive mindset and having a good attitude is a key for staying motivated and pushing through the tough times.

11. Surround yourself with like-minded people

There are going to be haters and those with doubts about what you want to accomplish. Nobody ever did anything great though by surrounding themselves with short-sighted and negative people.

Surround yourself with likeminded people who also have a desire and drive for success. Find others who share your drive, for example:

  • Join an entrepreneurs book club.
  • Find a local meetup for people in your industry.
  • Seek out entrepreneurs and those in your field online.

In order to see your vision from an idea to a reality, you’re going to need cheerleaders who will root for you, celebrate your wins, and possibly even teach you. Go find them!

12. Create a mission statement

Developing a mission statement can be a fantastic way to stay motivated on what you’re doing and provide direction. It’s important to differentiate that while it certainly incorporates your WHY, it’s not the same as mapping out your goals.

The mission statement is more of a declaration about the impact you want to make.

A good mission statement should summarize your overall goals and values and whom you’re doing it all for. Once you’ve written your mission statement, you may want to consider framing it and putting it somewhere you’ll regularly see it for extra motivation.

Take these steps to write your own mission statement and help yourself stay motivated!

13. Learn from your heroes

The very first entrepreneur on the planet definitely had it rough because they didn’t have anybody else’s stories of success to leverage in their favor.

Fortunately for you, there are countless success stories out there that you can pull both motivation and wisdom from.

Read the biographies of your heroes and the people you look up to. Read the books they read. Watch online interviews with them. Do whatever you can to absorb their knowledge and the wisdom of those who taught them.

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Whatever challenge you might be facing, you’re probably not the first person to experience it. Look to what others before you have done.

14. Give yourself some personal time

Remember how the character of Jack Torrance in Stephen King’s novel The Shining went berserk and kept typing “all work and no play makes Jack a dull boy”? Well, as crazy as that character was, there’s some truth to that:

It’s important that you take at least a little bit of time to yourself each day to just stop and chill out.

Find something that you enjoy doing that allows you to decompress and not think about everything you plan to accomplish tomorrow. Whether it’s strumming a guitar, going to the batting cages, or just watching a movie, allow yourself some personal time outside of work.

15. Focus on the positive

There are certainly going to be days when things are not going right and it’s one thing after another. Being a successful entrepreneur is never easy, but it is incredibly rewarding.

Not everyone gets to try and do what they love for a living, but if you give it your all, then you can accomplish your goals.

Even when it seems like nothing is working, try to stop and find at least one thing that day or week that did go right. Channeling your energy towards the positive, rather than the negative will help motivate you to keep climbing that mountain.

16. Remember to have fun

Yes, have fun! That’s one of the reasons you started down this road of being an entrepreneur in the first place. You wanted to do something different than what you were doing and carve something out that was your vision and not somebody else’s.

It’s easy to start your business with excitement and have it become a point of stress, but don’t become that entrepreneur. Remind yourself why you started this journey and don’t be afraid to alter directions from time to time if needed.

Entrepreneurship is a lot like that old saying about life, it’s not about the destination, but the journey. So enjoy it!

Final thoughts

Remember that every entrepreneur is going to find different ways of staying motivated. It’s finding that motivation and focus, however, that every successful entrepreneur has in common.

If you want your business venture to thrive, then it’s important that you not only develop a clear vision of what that looks like, but seek out ways to stay positive and motivated in making it happen.

There may be moments of self-doubt, but remember that the key to success is within you. All you have to do is keep the fires of determination burning.

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Featured photo credit: Ellyot via unsplash.com

Reference

More by this author

Chris Porteous

The CEO of Grey Smoke Media / My SEO Sucks, helping entrepreneurs to grow their businesses.

How to Start a Startup Fast: 5 Essential Steps 10 Key Characteristics of a Successful Entrepreneur 8 Tactics to Greatly Improve Motivation in the Workplace Signs of a Toxic Workplace and How to Deal with It 50 Inspiring Leadership Quotes from the Greatest Leaders of All Time

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Last Updated on July 23, 2019

How to Make a Career Change at 40 and Stop Feeling Stagnant at Work

How to Make a Career Change at 40 and Stop Feeling Stagnant at Work

There are plenty of people who successfully made a career change at the age of 40 or above:

The Duncan Hines cake products you see in the grocery store are a good example. Hines did not write his first food guide until age 55 and he did not license his name for cake mixes until age 73.

Samuel L. Jackson made a career change and starred alongside John Travolta in Pulp Fiction at the age of 46.

Ray Kroc was age 59 when he bought his first McDonald’s.

And Sam Walton opened his first Wal-Mart at the age of 44.

I could keep going, but I think you get the point. If you have a sound mind and oxygen in your lungs, you have the ability to successfully make a career change.

In this article, I’ll look into why making a career change at 40 seems so difficult for you, and how to make the change and get unstuck from your stagnant job.

What’s Holding You Back from Making a Career Change?

There are a flood of amazing reasons to make a career change at 40. Heck, you could argue the benefits of making a career change at any age. However, there is something a little different about making a career change at 40.

When you are 40, you probably have lots of “responsibilities” that come into the decision-making process. What do I mean by responsibilities, you ask?

Responsibilities tend to be our fears and self-doubt wrapped in a bow of logic and reason. You may say to yourself:

  • I have bills to pay and a family to support. Can I afford the risk associated with a career change?
  • What about the friends I have made over the years? I cannot just abandon them.
  • What if I do not like my career change as much as I thought I would? I could end up miserable and stuck in a worse situation.
  • My new career is so different than what I have been doing, I need additional training and certifications. Can I afford this additional expense and do I have the time recoup my investment?
  • The economy is not the best and there is so much uncertainty surrounding a new career. Maybe it would be better to wait until I retire from this company in 15 years, and then I can start something new.

If you have experienced any of these thoughts, they will only pacify you for a short period of time. Whether that time is a few weeks, a few months, or even a few years.

Since you know that you prefer to do something else for a living, you start to feel stagnant in your current position.

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Your reasons for inaction that used to work are no longer doing the trick. What used to be a small fissure in your dissatisfaction in your current position is now a chasm.

Ideally, you never stay in a situation until that point, but if you did, there is still hope.

4 Tips To Change Your Career at 40

You do not have to feel stagnant in your current role any longer. You can take steps to conquer your fears and self-doubt so you can accomplish your goal of changing your career.

The challenge of changing your career is not knowing where to begin. That feeling of overwhelm and the fear of uncertainty is what keeps most people from moving forward.

To help you successfully change your career at the age of 40, follow these four tips.

1. Value Your Time Above Money

There is nothing more valuable than your time. You are likely receiving a pay-check or two every month that is replenishing your income. Money is something you can always receive more of.

When it comes to your time, when it is gone, it is gone. That is why waiting for the perfect situation to make a career change is the wrong mindset to have.

Realistically, you will never find the perfect situation. There will always be something that could be better or a project you want to finish before you leave.

By placing your time above money, you will maximize your opportunity to succeed and avoid stagnation.

If you feel disconnected when you are at work, understand that you are not alone. According to a Gallup Poll, only 32% of U.S. employees said they were actively engaged at work.[1]

Whether you think your talents are not being properly utilized, the politics of promotion stress you out, or you feel called to do something else with your life; the time to act is now.

Do not wait until you retire in another 10 to 20 years to make a career change. Put a plan in place to make a career change now. You will thank yourself later.

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2. Build a Network

Making a career change is not going to be easy, but that does not mean it is impossible.

One benefit to being further along in your career is the people you associate with are further along in their career as well.

Even if most of the people in your immediate network are not in your target industry, you never know the needs of the people with whom they associate.

A friend of mine recently made a career change and entered the real estate industry. The first thing he did was tell everyone he knew that he was a licensed real estate agent.

It was not as though he thought everyone he knew was getting ready to sell their home. He wanted to make sure he was in the front of our mind if we spoke to anyone purchasing or selling their home.

You may have had a similar experience with a financial adviser canvasing the neighborhood. They wanted to let you know they were a local and licensed financial adviser. Whether you or someone you knew was shopping for an adviser, they wanted to make sure you thought of them first.

The power of your network being further along in their career is they may be the hiring manager or decision-maker.

You want to let people know you are considering a career move early in the process, so they are thinking of you when the need arises.

Let me put it to you in the form of a question: When is the best time to let people know you have a snow shoveling business?

In the summer when there is not a drop of snow on the ground.

Let them know about your business in the summer. Then ask them if it is okay to keep in touch with them until the need arises. Then you want to spend the entire fall season cultivating and nurturing the relationship. As a result, when the winter comes around, they already know who is going to shovel their snow.

If you want to set yourself apart from your competition, start throwing out those feelers before the need arises. Then you will be ahead of your competition who waited until the snow fell to start canvasing the neighborhood.

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Learn about networking here: How to Network So You’ll Get Way Ahead in Your Professional Life

3. Believe It Is Possible

One of the greatest mistakes people make when they want to try something new, is they never talk to people living the life they want.

If you only talk to friends who have not changed their career in 30 years, what kind of advice do you think they will give you? They are going to give you the advice that they live by. If they have spent 30 years in the same career, they most likely feel stability of career is essential to their life.

In life, your actions often mirror your beliefs. Someone who wants to start a business should not ask for advice from someone who never started one.

A person who never took the risk of starting a business is most likely risk adverse. Consequently, they are going to speak on the fact that most businesses fail within the first five years.

Instead, if you talk to someone who is running a business, they will advice you on the difficulties of starting a business. However, they will also share with you how they overcame those difficulties, as well as the benefits of being a business owner.

If you want to overcome your fears and self-doubt associated with changing your career at 40, you are going to need to talk to people who have successfully managed a career change.

They are going to provide you a realistic perspective on the difficulties surrounding the endeavor, but they are also going to help you believe it is possible.

Studies show the sources of your beliefs include,[2]

“environment, events, knowledge, past experiences, visualization etc. One of the biggest misconceptions people often harbor is that belief is a static, intellectual concept. Nothing can be farther from truth! Beliefs are a choice. We have the power to choose our beliefs.”

By choosing to absorb the successes of others, you are choosing to believe you can change your career at 40. On the other hand, if you absorb the fears and doubts of others, you have chosen to succumb to your own fears and self-doubt.

4. Put Yourself Out There

You are most likely going to have to leave your comfort zone to make a career change at 40.

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Reason-being, your comfort zone is built on the experiences you have lived thus far. So that means your current career is in your comfort zone.

Even though you may be feeling stagnant and unproductive in your career, it is still your comfort zone. This helps explain why so many people are unwilling to pursue a career change.

If you want to improve your prospects of launching your new career, you are going to need to attend industry events.

Whether these events are local or a large conference that everyone attends, you want to make it a priority to go. Ideally you want to start with local events because they may be a more intimate setting.

Many of these events have a professional development component where you can see what skill-sets, certification, and education people are looking for. Here you can find 17 best careers worth going back to school for at 40.

You can almost survey the group and build your plan of action according to the responses you receive.

The bonus of exposure to your new industry is you may find yourself getting lucky (when opportunity meets preparation) and creating a valuable relationship or landing an interview.

Final Thoughts

Whatever the reason, if you want to change your career, you owe it to yourself to do so. You have valuable in-sight from your current career that can help you position yourself above others.

Start sharing your story and desire to change your career today. Attend industry events and build a mindset of belief. You have everything you need to accomplish your goal, you only need to take action.

More Resources About Career Change

Featured photo credit: https://unsplash.com/photos/HY-Nr7GQs3k via unsplash.com

Reference

[1] News Gallup: Employee Engagement In US, Stagnant In 2015
[2] Indian J Psychiatry: The Biochemistry Of Belief

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