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I Finally Got Real About My Personal Finances.
We talk all of the time about how interwoven the personal and business finances can be for small business owners. The choices you make in one space can greatly affect the other space and both together can cause a lot of stress for small business owners. I think this is especially true in the past year or so. The economy has shifted drastically. Inflation has caused increases in expenses in all areas of our businesses and lives. There has also been a change in how individuals are spending money, which, if you are selling something seen as “non-essential”, you could be feeling the crunch.
Happy & Successful Entrepreneurs Practice Self Care
Building and maintaining a small empire is big work and it often requires a lot of long days and odd hours. The most productive entrepreneurs take time to nurture their personal lives and inner selves. That’s all well and good to SAY, but what does that look like in practice?
As an entrepreneur, you’re the boss. The big cheese. The buck stops here, but even if you don’t have employees and you're the ringleader of a one-person circus, you still need a team of support to keep everything running smoothly.
Habits of Happy & Successful Entrepreneurs: Weekly Team Check-Ins
Checking in with your team is so important to the overall health and success of your business. Not only does it eliminate confusion and reduce the incidence of missed deadlines, it makes your team feel heard and valued. This is especially important when your team is partially or fully remote, or if you just don’t spend a ton of time in the same physical location.
Habits of Happy & Successful Entrepreneurs: Having Good Systems
At the heart of any successful business, there are systems in place to make sure everything keeps running smoothly.
If you want to achieve world domination, you have to have a routine.
I'm a creature of habit. I’ll eat the same lunch 5 days in a row. I re-wear the same 10 pieces of clothing. I’ve used the same brand of shampoo for a decade. Change is okay, but I'm much more productive when I stick to a plan.