This month marks 10 years since iBloom began. 10 years that this “accidental entrepreneur” has been in business. And, if I’m totally honest with you, though there have been some incredibly amazing and joyful moments, there have also been some really difficult ones. My entrepreneur journey has been full of the highs and lows; exceeding goals and miserably falling short of others; wise choices and some not so wise ones.
Here are 6 things I wish I had known when I started my business:
Set clear boundaries…NOW
When you’re just starting in business, you’re tempted to accommodate everyone else because you have a lot of flexibility and availability. But, set clear boundaries that will allow you to LOVE your life as you’re building a successful business. When are you available? When are you not? What are your non-negotiables? Now is the perfect time to establish your boundaries, but as seasons change, be sure to tweak them when they’re no longer working.
What you’re creating now WILL change and evolve
This isn’t the finished product. What you’re doing today will change and evolve over the months and years. This doesn’t mean that you misunderstood God or went off path, instead it means that God is using what you’re doing today to prepare you. You have to do this part to get to where He is leading you next. So, serve Him well. Learn through the process. And, evolve as He leads you.
You need a Success Strategy & you MUST work it every day
You need a Success Strategy. This isn’t one of those business plans that you spend weeks to create, only to tuck it away in a drawer never to be seen again. Instead this a success strategy that you’ll create every year. It’s the plan that will help you determine what a successful year will look like. It’s the plan that will help you identify your priorities and personal goals, as well as your business vision, financial goals, and the projects that will make it all a reality.
Once you have your Success Strategy, then it will be imperative that you review it every month to create your goals for the month. In other words, what do you need to do that month that will help make your annual plan a reality? Then, be sure to break that monthly plan into weekly goals and daily to-do’s.
Stay focused on your Success Strategy and you’ll see AMAZING results year and year!
Recommended Resource: The iBloom Life & Business Planner is the perfect tool to help make your plan a reality. It has a section to help you create your success strategy (priorities, personal goals, financial goal, projects, reading list, date night ideas, etc.), vision board, monthly check-in’s and goal setting, then weekly pages to make it all a reality. To learn more, go to https://ibloom.co/planner.
Focus more on serving really well, than on getting more customers
You’re now responsible for your own salary, so you’ll be tempted to focus on growth- getting more and more customers. However, it’s best to focus on serving your current customers really well. When you provide an amazing, life-changing experience for your customers – they’ll naturally tell everyone they know about the experience and your business will grow. Focus less on getting customers and more on serving well.
There will be times you’ll want to quit
I know that it seems impossible right now because you’re so excited and you have this enormous vision, but there WILL be times that are hard and you’ll want to quit. These moments are for a purpose and they will ALWAYS be a catalyst for refinement or redirection. When you want to quit, you’ll need an emergency plan. Here’s what to do:
- Take the day off. This may mean re-scheduling meetings or moving to-do’s, but it’s vital. You need to spend a day with God regrouping.
- Make sure you’re rested. If you’re feeling tired, take a nap. Listen to your body. Make sure you’re eating healthy food and are well hydrated. This isn’t the time to binge on junk food.
- Use the prayer template to spend the day with God. Listen to worship music, read your Bible, pray, and listen for God’s leading
- Journal your answers to these questions:
- What is the vision? Why did I start the business to begin with?
- What is going well?
- What is not going well?
- If time or money didn’t matter, what would I LOVE to do?
- What are the stressors right now?
- What needs to change?
After your day with God, start making the necessary changes.
Have a Daily Business Meeting with God
This is the last and MOST important thing. Spend the first hour of your work day with God. This is the most important meeting of your day. Use this time to connect with God and get His agenda for your day. Use the prayer strategy template to pray for your business. This is also a perfect time to review your monthly plan, weekly goal, and daily to-dos. Make sure you’re starting your day with a plan. Pray through each of the things on your to-do list. You’ll be amazed at how God will go before you and begin working things together for your good. He really is the best business partner you could have.
Recommended Resource: The prayer strategy template was introduced during the How to Create a Prayer Strategy for Your Business training. You can get access to the training and prayer template by clicking here.
Discussion Question: I’d love to hear from you. Click here and share one thing you wish you had known when you started your business.