In my last post I gave you a huge tip to becoming a better entrepreneur. We were able to identify a common problem that many have of trying to juggle a ton of things at once.
We left on a slight cliff hanger too because I wanted to fully focus on this new perspective I asked you to consider: The art of Investments.
I’ve broken up these investments into 5 categories and go into more depth about what each one really means and how it can apply to you. So read on!
INVEST IN YOURSELF
First things first. You matter.
Your mental health matters. Your mindset matters. All of this will effect your business practices, believe it or not. So taking the time to focus on bettering yourself is important!
Whatever you decide to do for yourself, whether it’s to learn a new skill or to get better at an existing one, there are guaranteed to be benefits.
But rather than google searching and digging around for bits and pieces here and there, find a reliable teacher and invest in yourself by learning first hand from an expert!
INVEST IN YOUR DREAMS
As an entrepreneur you’re likely looking to step away from the traditional 9-5 job.
More than that, you are looking to follow a passion or share a unique talent with the world. This isn’t an easy thing to bring to fruition though (as I’m sure you know already). It takes a lot more than just wishing to have a successful business.
It takes work! And a lot of it too!
But if you can successfully align your passion with your work, that’s when the magic happens. This is the sweet spot many entrepreneurs are aiming for. It’s what makes it all feel worth it.
Let’s be real though. When you’re just getting things going you might not have the funds or resources to create things the way you imagined. Don’t let that hold you back though!
If you wait around until you have an extra $10,000 or so lying around… you could be waiting a long time!
So be intentional about it. Baby steps here and there can add up to huge results!
It might take some creativity and adjustments to make it happen, but be willing to take a leap of faith and chase your dreams.
INVEST IN YOUR BUSINESS
Don’t “fake it till you make it”. That’s a shabby approach and your clients deserve better.
In order to give them the best though, you need to be the best. So if you’re not the best at building websites, go find someone who is and be willing to invest in them! And if office work is taking up too much of your time, pass it off to a knowledgeable office manager and get back out there where your customers can see you!
Seeking out expert support in areas that aren’t your specialty can be a game changer. So don’t be afraid to hire out help!
It will save your sanity and it will save you money too. With the extra help you’ll be able to focus on the parts of your business that really excite you.
Plus a huge perk of hiring out help is that you can hire people that specialize in skills you lack. Having these people on your team will elevate your entire business!
This isn’t being lazy, it’s being smart with your time and your resources!
You get to take some things off of your mile high plate and those tasks get done even better than you could have done them on your own.
INVEST IN YOUR FUTURE
Take a minute (or ten) and think about what you want your future to look like. What are your goals for your business in 5 years? Where do you want to be financially in 10 years?
Now what are you doing to get there?
All the work you’re doing now – right now – can have a steep impact on what your future looks like.
But intentionality is key! So it’s important to have a vision of what those goals are so that you can measure progress as you work towards them. It can be easy to get caught up in today and forget to focus on our overall goals.
For some, hiring a business coach can be extremely beneficial. They can help you to remember to think big and see the larger picture.
INVEST IN OTHERS AND THEY WILL INVEST IN YOU!
If you’re expecting others to buy into what you sell and yet you never support fellow entrepreneurs, how do you think that will work out?
What goes around comes around. We attract what we put out.
I realize that might sound cliché, but stay with me here because there is truth to be found in it.
When we support others it helps us build and foster relationships. Through relationships we are able to build a community of support.
When we are too focused inward though we miss out on opportunities to connect with others.
When you focus outward on supporting and encouraging others… well you might just be surprised how that support and positivity makes it way right back to you! And as a bonus you’ll feel good for helping and uplifting a fellow entrepreneur in the process!
Remember, there’s room for all of us to succeed! So let’s build each other up in the process!
All in all, I hope that this perspective of the art of investments has given you some things to think about.
Consider making a goal for one or two areas of investment to focus on.
And remember… you don’t need to do everything yourself!