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Ask the Entrepreneurs: 13 Ways to Stay Productive on Your Darkest Days

Ask the Entrepreneurs: 13 Ways to Stay Productive on Your Darkest Days

Ask The Entrepreneurs is a regular series where members of the Young Entrepreneur Council are asked a single question that aims to help Lifehack readers level up their own lives, whether in a area of management, communication, business or life in general.

Here’s the question posed in this edition of Ask The Entrepreneurs:

Failure can be pretty devastating but it’s part of business. What trick do you use to stay productive on those dark days?

1. Keep a Thank Bank

Martina Welke

    I started keeping an email folder labeled “Thank Bank” in the early days after starting our business to keep all the supportive messages, positive comments and thoughtful introductions I received. On the really hard days, I go back through the folder to be reminded of all the people who believe in what we’re building, and it never fails to motivate me to forge ahead.

    Martina Welke, Zealyst

     

    2. Play With Positive People

    Kelly Azevedo

      It’s easy to get down in the dumps and attract all those people who knew “that would never work” and like to wallow in your misery. Instead, consciously seek out the positive people you can work with who will lift you up after a failure. These people don’t necessarily have to be entrepreneurs, but it helps when others know what you’re dealing with and can provide perspective.

      Kelly Azevedo, She’s Got Systems

       

      3. Practice Meditation

      Robert-J.-Moore

        Meditation is a great way to gain perspective by putting emotional distance between you and the stressful things in your life. It’s a great complement to the lows you experience on the bad days.

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        Robert J. Moore, RJMetrics

         

         

        4. Take a Step Back

        peter minton

          Go for a walk and breathe some fresh air, grab lunch or drinks with some friends, call your family, play with your kids, whatever works for you to refocus and gain some perspective. Remember why (and for whom) you are working so hard, take that deep breath and attack that next challenge.

          Peter Minton, Minton Law Group, P.C.

           

           

          5. Try Music and Napping

          Michael Bruny

            I use a playlist I call “Get It Going.” I also leverage naps as a reset button. When I get up, it’s a brand-new start.

            Michael Bruny, The New Art of Conference Networking

             

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            6. Focus on Getting Back Up

            David Ehrenberg

              I have faith in myself and in what I’m creating. And I remember that everyone who swings big misses sometimes — failure doesn’t matter, just the ability to get back up and go for it again. In the Bay Area, there is no stigma attached to failure. Here, people are allowed to fail because there’s a belief that in an environment where failure is allowed, there is the ability to create something new.

              David Ehrenberg, Early Growth Financial Services

               

              7. Use Failure as Motivation

              Bryan Silverman

                We use failures and naysayers as our motivation to continue to push. With each failure, we know that we are able to learn, and we are that much closer to the next success. Our fellow employees, due to our company culture, help foster that motivational mindset with one another as well.

                Bryan Silverman, Star Toilet Paper

                 

                 

                8. Look at the Past

                Wade Foster

                  Simply looking at a graph of our results over the past year will show the remarkable progress we’ve made. On bad days, we’re still a thousand times better than we were on day one.

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                  Wade Foster, Zapier

                   

                   

                  9. Keep Your Perspective

                  Jeremy Hitchcock

                    Perspective is the silver lining in the dark cloud of failure. Entrepreneurs are usually successful because they have both a willingness to serve and a love for solving problems. If there’s a problem in 2013, it means that the problem is hard. Realizing things don’t happen overnight and remembering why you’re working so hard to begin with are the best ways to get through even the darkest of days.

                    Jeremy Hitchcock, Dyn

                    10. Focus on Action

                    Elizabeth Saunders

                      You can’t guarantee success, but you can decide what actions you will take each day to move yourself and your business forward. When I need to increase my motivation and productivity, I come up with a series of actions to take. Then, I focus on completing those and celebrating what I can control (actions) without worrying about what I can’t control (results).

                      Elizabeth Saunders, Real Life E®

                       

                      11. Learn From Failure

                      Ziver Birg

                        Always remember that experience is the result of failing and learning from that failure. As long as you’re learning from failure, you’re growing and improving. Always remember this, and smile in the face of failure. Positive energy is contagious. If you’re positive, chances are your team will also be positive. It’s hard not to feel great in a super positive environment like that.

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                        Ziver Birg, ZIVELO

                         

                        12. Leave and Start Fresh Tomorrow

                        Andrew Angus

                          On the darkest of days, I don’t use a trick to stay productive. It just won’t work. There are times when you have to realize that no matter how bad things are, you are in no shape to fix them, and you are only going to make them worse — so I leave. I get a massage, get a good night’s sleep and start again the next day. You need to end the pain quickly and start fresh.

                          Andrew Angus, Switch Video

                           

                          13. Realize Time Brings Perspective

                          Michael Costigan

                            Being effective at doing what you do is much more important than always being productive. If you experience a failure, even if it’s a massive failure and you decide to take the rest of the day off to unwind and do something you find happiness in, it’s okay! Sometimes, we think that we always need to be reacting to problems; we spin our wheels and don’t always realize that time brings perspective.

                            Michael Costigan, Youth Leadership Specialist

                             

                            More by this author

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                            Last Updated on June 22, 2018

                            How to Nix Your Credit Card Debt in Less Than 3 Years

                            How to Nix Your Credit Card Debt in Less Than 3 Years

                            Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

                            By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

                            This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

                            Hint: there are ways that are easier than you think.

                            1. Consider consolidating multiple credit cards if possible

                            This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

                            It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

                            Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

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                            Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

                            My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

                            Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

                            2. Try to pay the full balance you spent each month at the very least

                            You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

                            Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

                            If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

                            3. Pay extra when you can – every small amount counts

                            This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

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                            It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

                            4. Create a plan on how to pay extra

                            Back to the main point, having this plan is giving you one less thing to think about.

                            This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

                            For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

                            Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

                            5. Cut out costs for services you do not use

                            If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

                            In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

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                            6. Get aggressive about it

                            Consider these points:

                            Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

                            Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

                            Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

                            Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

                            7. Reevaluate your progress at set intervals

                            Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

                            By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

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                            Finally (and most importantly)…

                            8. Keep trying

                            Do not get discouraged. Pushing it off will make it worse. Just keep trying.

                            Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

                            Start knocking out your debt today

                            The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

                            Featured photo credit: Pexels via pexels.com

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