154: Journey To Success With Perseverance Whether You Are Starting A Business Or Side Hustle
154: Journey To Success With Perseverance Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Business Owner, Or Self-Employed
You may hear the word perseverance a lot in the world of entrepreneurship, but what does it really mean for you and your business? How have you persevered in your business? How will you stay on course and continue to persevere in your business in the future, no matter what comes up? Persevering is all about being able to stay committed to your goals despite obstacles, setbacks, or failures. In today’s podcast episode, I’m exploring this concept further so that you can see how many entrepreneurs who have faced challenges on the road to success are able to persevere even when faced with these challenges. Whether you are starting a business or side hustle, you’re a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, being able to utilize any obstacle, setback, or failure in your business will help you pivot along your journey as a business owner and have the grit to push through the tough times and keep going. When using perseverance throughout these challenges, you’ll find success in not only your business but your growth personally as a business owner as well…
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Show Notes:
You may hear the word perseverance a lot in the world of entrepreneurship, but what does it really mean for you and your business? How have you persevered in your business? How will you stay on course and continue to persevere in your business in the future, no matter what comes up? Persevering is all about being able to stay committed to your goals despite obstacles, setbacks, or failures. In today’s podcast episode, I’m exploring this concept further so that you can see how many entrepreneurs who have faced challenges on the road to success are able to persevere even when faced with these challenges. Whether you are starting a business or side hustle, you’re a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, being able to utilize any obstacle, setback, or failure in your business will help you pivot along your journey as a business owner and have the grit to push through the tough times and keep going. When using perseverance throughout these challenges, you’ll find success in not only your business but your growth personally as a business owner as well…
Welcome Back…Many of the business owners that I work with start their business with a passion they have for that particular industry but quickly realize that running a business is a whole different ballgame. They are faced with challenges, fierce competition, and even situations like the pandemic, which nearly shut them down, but they persevered through it all.
Let’s take, for instance, the pandemic. Many business owners were barely making enough to cover their expenses during this time. Most had to let go of some staff and question whether they should just close their business altogether, but the ones who persevered remembered why they started their business in the first place. It was for the love and passion and the joy it brought to them and their customers. This passion will normally give you the strength to pivot, adapt, and find new ways to reach your customers, even when there’s a pandemic. If you were in business during the pandemic, what did you do to persevere through those challenges and turn things around?
When it comes to the financial perspective in your business, it is absolutely critical to have perseverance. Small business owners often face unpredictable financial challenges. Whether it’s unexpected expenses, slow sales periods, or economic downturns, it’s vital to have the resilience to weather these storms. A solid financial plan and the determination to stick to it can make all the difference. You can begin by setting clear goals. When you know what you’re working towards and when you have a clear vision for the future, it’s easier to stay committed, even during more challenging times.
Make sure you have an amazing support network to help you through every step of your business. Building this network early in your business is the most beneficial, but you can add them at whatever point you are currently at in your business. When you surround yourself with mentors, fellow entrepreneurs, and a business or life coach who can provide guidance and encouragement when you feel like everything is crumbling around you, it is key to your perseverance. Without support groups like this, many business owners feel alone and afraid to talk about what is happening in their business. This is one of the benefits my clients receive when they work with me. By helping them with their perspective on what is happening in their business or even in their personal life, we can often take care of any overwhelm and anxiety they are experiencing. We work on focusing on where they want their business to go and create action plans to reach their goals. When my clients are able to be open to change and pivot when necessary, they often find solutions that come from unexpected events that are happening in their business. Having this adaptability helps them persevere regardless of the situation they are in, and you can use this in your business as well.
Financial planning is also important when you are on your journey to success with perseverance. When you create a realistic budget, monitor your cash flow, and always have a financial cushion for emergencies, you’ll find it easier to weather any storm in your business. By staying up to date with your bookkeeping so you know at any point in your business exactly how your business is doing will increase your confidence in your financial literacy as well as help you make sound business decisions at any time of the year. I always say that you need your financial information for your business when you have your tax return prepared; why wouldn’t you make sure that you have this information readily available to you throughout the year? Use this financial information to your advantage. These financial foundations will allow you to take calculated risks and keep moving forward. Monitor your revenues and your expenses every month and start creating a financial safety net so that you can use it as a lifeline during any challenging time you encounter in your business.
Another essential thing to consider when you are persevering in your business is to make sure that you are celebrating every win in your business. Don’t wait for the big successes to feel accomplished. Celebrate the small victories along the way to stay motivated. Take some time every day to reflect on what your wins were from the previous day. Often, when I am working with my clients, they have a hard time pointing out what they should be celebrating, but when you get into the habit of looking back to see what you have accomplished, it does get easier. It’s kind of like when you think about what you are grateful for. It may be hard to come up with things at first, but once you get into a grateful mindset, it is much easier to see everything you are grateful for…even when it is something small.
And, speaking of mindset, I want to discuss the emotional aspect of perseverance. Entrepreneurship can be emotionally draining. How do you manage the emotional roller coaster that comes with running your business? This is where having a good support system in place and practicing self-care is crucial. Whether it’s exercising, meditating, or simply taking time off to recharge, taking care of your mental and emotional health is just as important as your business’s financial health. Reaching out to professionals like myself, as a Certified Public Accountant and Certified Life Coach, I can help alleviate some of that financial stress. I’m here to guide you through the financial aspects of your business and help you focus on the steps you need to follow to reach the success you want to achieve in your business. Mastering Your Small Business Finances is an ongoing process, and perseverance is the key to long-term success. Don’t be afraid to seek out support, whether it is from a professional like myself or others in your support group who have been through similar challenges. Stay committed and keep pushing forward. If you’d like some help in any of these areas in either your business or your personal life so that you can relieve the stress, anxiety, or overwhelm you are currently feeling; I’m here to help. Having an accountant and certified life coach like me can provide you with valuable insights and ideas to help you simplify your business, which enables you to go back to enjoying your business like you thought you would when you first started it. I work with business owners and accountants to create the actionable steps they need to take to ultimately achieve their goals while getting relief from the stress and overwhelm they feel from the pressure of owning a business, deadlines, and the workload they face every day. If you are struggling with this as well and would like some help developing a solution, help strengthen and maintain your emotional health, increase your well-being, create a more positive, happy, and joyful life, set and achieve your goals, and manage your relationships, I’d love for you to join me in my Balance Life Coaching program so that you can live a more purposeful life. Each week, we meet privately one-on-one, and you get to bring whatever is on your mind on any given week. It could be your highest priority you want to work on, whatever you want more of in your life, or if there is something that is weighing on you heavily that you need coaching on, and we’ll work through it together. Having a certified life coach like me helping you through all of this allows you to feel so seen and cared for, and the results are amazing. Everyone benefits when they work with a certified life coach. After every call, you feel energized, and you know exactly what to do for the week to come, and relief knowing we will meet again the next week to go over anything that comes up after the call. You’ll gain self-awareness while you take each step toward your goals. The investment in this program is an easy yes for you. I’ve set this program up in the most supportive way for you. If you are ready to join the Balance Life Coaching program, you can go to www.FinancialAdventure.com and click on the work with me button. You’ll see the link to join as well as additional information about the program. Sign up now. There are limited spots available for this program due to the one-on-one aspect, and it does sell out. If the payment link is gone, you can get on my waitlist to join the program when additional spots are available. I help people get results and live a more joyful life. I coach everybody on everything. Everyone has something they want in their lives, and I help them get it. I know this is something you’ve been waiting for. I’ve been asked by many of my listeners to create this exact program. The faster you get access to the program, the quicker you’ll see the possibilities available to you. I also have a risk-free guarantee. I believe so strongly that everyone benefits from coaching that when you sign up today, if for any reason you are not satisfied with your first session, you can send us an email, and we’ll refund you immediately. Are you ready to enjoy your life now? Why would you want to wait? Make this investment for yourself. Take the journey with me…make it happen for yourself. Ask yourself why you need this program in your life right now. Are you ready to make bigger, bolder, stronger life goals? I’m looking forward to meeting with you soon and digging deeper to see where you currently are in your business or career and start creating actionable steps so that you can reach your vision and goals for the future, not only in your business or career but also in your personal life. I’m ready to work with you, see all of your successes, and watch you thrive in your business or career while creating your best work-life balance. I’ll post links to this and other valuable resources for business owners and accountants where you are listening to this podcast.
And, you know I’m going to ask…what’s at least one thing you will take away from this episode that will help your business succeed and grow your bottom line? If you need some accountability, join our PRIVATE Facebook community and post your action item, we’d love to support you.
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