3 Things Every Entrepreneur Needs to Stop Doing to Experience Massive Growth
You’re the crazy soul who decided to forego the 9-5 lifestyle. You bet on yourself and your ideas. You take massive risks that most people won’t.
But here’s the truth – despite the fact that you’re a fish who decided to swim upstream, chances are, you’re still influenced by those around you who aren’t entrepreneurs. You’re still doing some of the same things that everyone else does. And it’s slowing your growth like the dreaded morning traffic jam.
You need to stop these. What are they?
1. Things That Aren’t Your Specialty
Sure, at the beginning, you might really be forced to do a lot of things on your own. But as your business grows and you start to become profitable, it just doesn’t make sense to do everything on your own.
Calculate an estimate of your hourly rate. Let’s say you’re earning $100 an hour. Would you really spend that hour on things that you are not really good at? Hire someone to do these things for you.
If it costs you $20 per hour for someone to do these other tasks, guess what? You’re coming up $80 per hour. You won’t be happy doing things that you’re not good at, when you have other things to do in your business. Now you can spend this hour doing something that can help scale your business.
Gary Vaynerchuk says, “I suck at 99 percent of stuff, but I go all out on that 1 percent I’m good at.” Guess who’s worth multi-millions?
2. Stop Getting Unfocused
There’s always something to do. Whether it’s calling clients, coming up with webinar content, finding someone who can code for you, and so on and so forth. The entrepreneurial to-do list can be endless.
Don’t do all of it.
Take a moment, and ask yourself a couple of questions. Is what I’m doing in line with my purpose? Am I a rock-star at these things on my to-do list? Again, can someone else do this for me? Constantly remind yourself of your goals, and make sure your to-do list matches up.
As an entrepreneur, you can develop a tendency to feel like you always have to work. It can even be a ‘badge of honor’ you place on yourself. But that isn’t the point of running a business.
The point is to get results, and nothing else.
3. Stop Making Safe Goals
Now that you’re doing things that are your specialty, and now that you have your focus, apply them to your goals.
But, are your goals great enough? Are your goals massive? Does it excite you?? Do your goals get you springing out of bed with vigor in the morning?
There’s still a chance that, like most people, you’re making goals that are safe, conservative, and you know you can hit easily.
You’re afraid of failing.
But if you set a goal for a thousand dollars and don’t make it, or instead set a goal for million dollars and don’t make it, which position would you rather be in? If you set your goals to be ten times what they currently are, you’ll create amazing results that blow past your projections.
Don’t set goals so that you never fail. Set goals so that no matter what, you achieve growth and results.
Take a moment, and analyze yourself and what you’re doing. Are there tasks in your business that you can delegate? Are you doing things just to keep yourself busy, or are they inline with the massive goals you set for yourself?
Stop doing these three actions. And start watching your business grow like never before.
Write down all the tasks that you do. Which of these will give you back the most time each week? Commit to delegating or outsourcing this task. Drop this task in the comments below.