Becoming an entrepreneur means acquiring lots of amazing qualities and skills in life and in business. This includes self-discipline in entrepreneurship.
Self-Discipline in Entrepreneurship
You have become the CEO of your business, and as such, have the responsibility for mapping out the tasks that are going to move you forward.
Each skill is essential in order to successfully accomplish the vision you have created for yourself.
A successful person is one who can lay a solid foundation from the bricks
others have thrown at them. ~ David Brinkley
According to estimates from the Small Business Association (SBA), more than 627,000 new businesses open annually. Unfortunately, not everyone succeeds. Small Business Facts, May 2018 edition, published by the SBA noted that 1 in every 12 businesses closes every year. These are startling statistics.
How can existing entrepreneurs and small business persons increase the likelihood that they do not become victims of business failure?
The Entrepreneurial Mindset
There’s no question about it. Cultivating the entrepreneurial mindset is essential.
Who you are, how you think, your personal habits, your attitude, your thoughts, and your beliefs will determine your results.
Getting clear on what it is you want to achieve is an integral first step. It is not as simple as coming up with an idea and writing it down.
You have to write down your goals, but even more importantly, you have to break them down. Being specific is mandatory. You need to have clear, specific goals when it comes to starting a new business.
Once you’re clear on what your goal for your new business is, you have to create a plan for success.
As you develop an entrepreneurial mindset, it challenges you to recognize, overcome, and change what isn’t working in your life so that you achieve the results you truly desire.
Talent without discipline is like an octopus on roller skates. There’s plenty of movement but you never knowing if it’s going to be forward, backwards, or sideways. ~ H. Jackson Brown, Jr., Author
This is what the day in the life of an entrepreneur can look like if there’s no discipline.
Lots of movement but nothing productive is being accomplished.
As entrepreneurs, your overriding goal is maximum high-quality productivity in all areas of your business.
The truth is that given all the distractions we have each day, it’s easier to set goals than it is to stick to them.
Jim Rohn said, “Discipline is the bridge between goals and accomplishment.
He thus emphasized the need for discipline as being an essential ingredient in order to accomplish the goals and vision entrepreneurs have created for themselves.
In establishing a daily routine, due care must be taken to eliminate time-wasters.
Create a daily routine that maximizes your productivity and prioritizes your tasks, and stick with it.
One of the important tasks that should be a part of your daily or weekly routine is making time to communicate with your clients and customers. Avoid allowing long periods of time to go by without contacting your clients. Talk to them and get feedback. Implement their suggestions wherever you see a need.
The more you make these a practice, the greater the level of self-discipline you’ll develop.
Like a muscle that becomes stronger from use, self-discipline is a skill you can learn and strengthen. The payoff in your business will be huge.
To learn how to cultivate and nurture relationships with your clients and customers, download the Guide, “Relationship Marketing: Key to Small Business Success.”