4 Tips To Stay Motivated As An Entrepreneur
Entrepreneurship is not for the faint of heart. It’s a risky, demanding, and challenging vocation. It calls upon your inner strength and courage to pursue your dreams despite the uncertainty of success. To find success as an entrepreneur, you need to be driven and determined, willing to take risks, and consistently motivated by your goals despite the challenges life throws at you.
Growing up in Silicon Valley, I’ve met many entrepreneurs and builders throughout my life. Some are driven by money, while others are motivated by driving positive social change and making a lasting difference in the world. I have found that what makes or breaks a successful entrepreneur is motivation, but finding and sustaining that motivation is easier said than done.
The Secrets That All Entrepreneurs Know
Entrepreneurs who have been in the game for a while know some tricks to help them stay motivated throughout the ups and downs of building a successful company.
- They know their purpose. So many of us shift from one job to the next, unsure of what we want . Successful builders know the answer to the question that we all face: what do we want to do with our lives and what type of impact do we want to have?
- They know how to care for themselves. To reach your destination, you must prioritize your physical and mental health. Otherwise, you’ll burn out long before you reach your goals.
- They know how to build a routine that works for them. Some people are more productive in the morning, while others are at their best later in the day. Productive entrepreneurs understand how to structure their days to maximize productivity and set themselves up for success.
- They know how to set daily goals. Goals are what keep us pushing beyond what we think we’re capable of. Setting daily goals helps you stay focused on growing each day.
- They know how to stay motivated. Sustainable motivation is pivotal to building a successful business. It's easy to be motivated in the beginning, but it's staying motivated that can be challenging for some people.
The Role Of Motivation In Entrepreneurship
Motivation is the force that drives us to succeed. If you want to lose weight, learn a new language, or train for a marathon, motivation is what will keep pushing you when you're tempted to quit. Entrepreneurs must maintain a high level of motivation to succeed. No entrepreneur can find success without the daily ability to hone his or her motivation.
Here are some tips to help you find and maintain motivation as you build your company.
Tips That Help Entrepreneurs Get Motivated
Whether you’re just starting out or you’ve been on the road for awhile, these essential tips will help you stay motivated.
- Focus on making a difference in the world
Entrepreneurship is not just about making money, but creating something that can make a difference. While it’s okay to be motivated by money, but don't rely on it as your primary source of motivation. When starting a business, keep in mind that most businesses don't break even or make a profit until after the first year, and it may take 18 to 24 months to reach profitability, As long as you have other reasons for starting a business - like making a difference in the world - you can stay motivated during the first few years.
If you focus on offering a solution to a problem, you will inevitably experience moments of doubt and frustration. But having a clear vision of the positive impact you hope to make will help you to keep showing up every day.
- Find personal meaning from your business
It’s important to have a personal attachment to the cause you’re fighting for, so you can stay motivated when the going gets tough.
What motivates entrepreneurs is highly personal–for some, it’s fighting for sustainability, while others might be motivated by an experience in their past that shed light on a societal need that isn’t getting met. Don't ask what motivates other entrepreneurs—ask yourself what motivates you, and build from there.
- Pursue personal growth and accomplishment
As your business grows, so will you. You'll face challenges that are both challenging and unexpected—instead of seeing these challenges as discouraging, see them as positive learning experiences.
We grow by learning from challenges, and for entrepreneurs, success often comes from taking on a challenge and standing up for our beliefs. So focus on your own personal growth and expanding your knowledge to create the motivation that keeps entrepreneurs on the path to success.
- Find ways to help others achieve their goals
When you focus exclusively on your own success, you miss out on opportunities to build relationships with people who can help you reach your goals.
By helping others reach their goals, you create a network of like-minded people who can motivate you. You may even make connections who share your passion for the industry and help you along your path to success.
Motivation is a key element in the success of entrepreneurship. Without it, the path can be a difficult one, full of obstacles and risks that can dishearten and dissuade you from staying the course. You will encounter obstacles and setbacks along the way to achieving your goals, but you must keep moving forward. That requires a strong source of internal motivation.
The key to staying motivated as an entrepreneur is remembering why you embarked on your journey in the first place. Positive thinking, goal setting, and networking will help you keep showing up, reach your goals and make the impact you’re striving for.