5 Limiting Beliefs That Hold Entrepreneurs Back From Success

Regardless of where you’re at in your entrepreneurial journey, it’s likely that you could be getting a lot more out of what you already have.

Two people, with the same exact resources – time, money, knowledge, etc can take the same exact business, yet experience drastically different results.

Sadly, the majority of us make progress a lot slower than we could be – even if our time or budgets are limited.

Why is that?

Most frequently, it comes down to mindset.

The average person experiences thousands of thoughts every hour. What we allow ourselves to think and believe has a lot more of an effective than we realize. Positivity, optimism and self-belief will not magically make you successful, but there are real self-limiting beliefs that affect business owners, and have direct, measurable negative consequences.

In this article, I’m going to address some of these limiting beliefs with you – and show you how reframing some of your thoughts can yield tangible improvements for your company. Funny enough, these are all thoughts I’ve had myself at some point!

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Build Your Business Around Your Life – Not The Other Way Around

Starting a new business is a very exciting time in an entrepreneur’s life.

There are new things to do, constant milestones being hit, and constant excitement for what lies ahead.

As difficult as it can be to get a new business off the ground, and entirely new set of challenges start to appear when the business does start becoming successful – challenges that most people would never think of when they first launch their company.

I recently came to the conclusion that in order to live the life I wanted, it was time to get rid of my eCommerce companies – companies that pulled in millions of dollars in sales, in order to focus on my online ventures full-time.

In this article, I would like to share with you some of the lessons I’ve learned, things to watch out for, and how you can structure your business to ensure it’s going to give you the ideal life you want.

Because at the end of the day, it doesn’t matter how much money you make if your business consumes your entire life.

And that is only one of the many lessons I’ve had to learn the hard way.

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Your Impact – A Look Into The Lives Of Your Customers

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When running a company, it’s easy to get caught up in systems in processes. Numbers and figures. The day-to-day problems that need to be resolved.

And as your company grows, this problem usually only gets worse. You become so wrapped up in the immediate needs of your company, that you’re unable to step back and see the bigger picture. And unfortunately, this type of mindset often becomes reflected in the company’s leadership – which has an even more devastating effect on employees.

Recently, I went through a very stressful period for one of my eCommerce brands. Orders surged as buyers switched to online shopping shortly after the COVID-19 pandemic began, and it became incredibly overwhelming for my staff and I.

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How To Grow Your Business During The Next Recession

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During times of uncertainty, it’s common for business owners to begin to panic.

Revenue begins to drop, deals fall through, and the expectations you had for your company in the upcoming months are suddenly put into jeopardy.

It’s a scary time, and many entrepreneurs handle it so poorly, that they suffer permanent damage as a result – if they manage to stay in business at all.

However, it certainly doesn’t have to be this way.

Recessions are an inevitably, but they do not always have to be considered scary news. In fact, more so than anything, recessions can provide business owners with opportunities.

While businesses are falling left and right, you have the capability to grow through the next recession – capitalizing on the poor decisions of your competitors.

However it takes a well thought out, well executed strategy in order to work.

In this article, I’d like to share with you 5 steps you must take if you want to thrive during the next recession, and share some advice on how to begin implementing your strategy today.

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8 Important Benefits A Business Coach / Mentor Can Offer You

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Regardless of where your company is at now, there are certain things you can do that will aid you in taking it to the next level.

One of those things is hiring a business coach or mentor.

Hiring a business mentor offers benefits that you could never get from a course, book, or class. Regardless of whether you’re running a multi-million dollar corporation or you’re just starting out, the right business coach can help you bring out the best in both yourself and your company.

Because the benefits are so diverse and so powerful, I wanted to dedicate an article to covering these benefits in detail. This way, you can decide whether or not the fees involved with hiring a business mentor are worth it for your business.

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What To Do When Business Progress Feels Slow

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One of the most disheartening problems that entrepreneurs face is slow progress.

The feeling that you’re giving it all, sacrificing so much, and working an unhealthy number of hours – only to discover that you really haven’t seem to have gone that far.

This is discouraging and hard to swallow, even for the most confident of entrepreneurs. Slow business growth can crush our motivation, and cause us to wonder whether it’s even worth continuing to push on. Why try so hard if ultimately, it doesn’t seem to be amounting to anything?

For better or for worse, this is a common problem that many entrepreneurs experience at one point or another, which means there’s been a lot of discussion on how to get past this mental hurdle.

If you’re about to have a breakdown because your company’s progress seems slow, don’t worry. In this article, I’ll cover my best advice.

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