By Roy Lamphier
Is your business bumping along but not quite where you want it? Do you feel that you’re trying stuff but still sort of disappointed with the speed of the outcome? Or, perhaps deep down, it feels a little more of a routine or grind than an exciting endeavor?
Well, it’s time to get your mojo going and level up.
Your mojo lies in connecting with your entrepreneurial vision. As it happens, there may be things that you’re doing or not doing, unintentionally or subconsciously, that could in fact be slowing you down and keeping you from realizing your entrepreneurial vision.
Here are five potential reasons why you may not be doing as well as you’d hoped, and how you can speed up your progress as an entrepreneur.
1. Get in Game Shape
You are the MVP of your enterprise. The horse that leads the team. If your best player is not healthy and motivated, the rest of the team suffers. Under the surface, we’re all human and even pro athletes need a break.
Entrepreneurs are notorious for working every waking hour to nurture their idea. But the reality is you can only go so long without a break before you burn out. If that happens then your enterprise could grind to a halt. The truth is more businesses fail because the entrepreneur burned out rather than because the business did. So you need to think of yourself as the star of the team and and make sure you take care of yourself.
You need to get serious about setting aside time to give your mind and body a break. Exercise is critical to high performance, lowering stress, and raising cognitive function.
2. Free Up Time Through Delegation
As a talented and motivated person, you may be trying to do everything yourself simply because you can. But as the saying goes, you can do anything, but you can’t do everything. So it’s time to decide where should you be spending your time.
We would all like more time, and we can all get it, by investing in other people’s time to get our jobs done. The quicker you can finish what you started, the quicker you can start generating an income from it.
So make a list of the most critical jobs and outsource lower priority things by delegating wherever you can to virtual staff and more.
3. Commit to Continually Sharpening Your Operation
Sharpening your operation is about continually striving to be even more effective and efficient. Tim Ferriss, the author of The 4 Hour Work Week, has this great quote: “Never automate something that can be eliminated, and never delegate something that can be automated or streamlined. Otherwise, you waste someone else’s time instead of your own, which now wastes your hard-earned cash.” How’s that for incentive to be effective and efficient?
Critical to this point is establishing your primary goal and prioritize the things that are going to get you there the fastest. This is the key to realizing your entrepreneurial vision. When you apply the lens to your “to do” list, it will seem far less overwhelming.
4. Build Around a Shared Vision
Simply telling people what to do kind of sucks, especially if you have to continually tell them and they still don’t do it. Plus, when people get busy or stressed, they tend to pull back to a go it alone mentality. The best way to accelerate your growth is to enlist the help of others.
Often times, this is your employees or team mates, but it could also be people in your network or community. Try sharing your ambition with someone and communicating how you see them being part of it. Then ask them what they think and listen. Perhaps you can be extra crafty and ask how they would solve the problem or challenge at hand. If they are your employees, let them try their hand at developing a solution to achieve the goal. The engagement you get from others operating around your shared vision will serve as added energy to move you closer to your goal.
5. Take Some Risks and Create Some Momentum
You've got to move out of your comfort zone. If you’re always going to do the same thing, then you're lucky if you just maintain the same results. The irony is that organizations have a certain gravity towards doing the same thing and striving for consistency and efficiency. That works for awhile, but can be really bad if you need to be innovating and growing.
One way around this is to think big, start small and move fast. Take your vision and priorities and look for what assumptions you are making and what you need to prove out. Instead of wrangling over investing in a big project, build some tests and make contact with the market in ways that inform your idea. You’ll be surprised at the learning and momentum you get with running small pilots connected to big ideas.
Roy Lamphier is Founder and CEO of Excelerate America, the ultimate resource for entrepreneurs. Roy's passion for entrepreneurship, tech and helping small enterprises succeed are central to the Excelerate America ethos. If you'd like to share your thoughts on your business's growth or would like to discuss some of hit mojo-making ideas in more detail, feel free to shoot him a line at firstname.lastname@example.org.