Are You Holding Yourself Back?

Be a Better Boss to Yourself

Running a own small business can be an exciting undertaking. Doing something you are truly passionate about on your own terms, leaving behind the 9-to-5 grind and being the boss paint an appealing picture of being a business owner. Truth is, many small business owners are overworked, overly stressed, and grossly underpaid for the amount of time and effort they put into running the company. Here are some tips to help be a better boss to you and enjoy owning and running a small business.

Investing in Yourself Helps You Do a Better Job and Improve Business

Successful business owners are constantly learning new skills, methods, and theories that help them become better entrepreneurs and better people. Many small business owners skip signing up for and participating in conferences, classes, and seminars to save money or because they believe they do not have the extra time. It is important to recognize the importance of continual learning and set aside time and funds for events like these – chances are the direct competitors are participating and it is important to stay in step with them. Conferences in particular are not just a great learning experience, but a great place to network with other professionals and even potential clients.

Secure a Great Healthcare Package

When you leave to corporate world behind to start your own business, it can be a liberating experience. One of the downsides, however, is that you lose healthcare coverage and other benefits that come along with working for an organization. When it comes to choosing healthcare, make a list of the things you need and want and talk over options with an insurance broker. Small business owners may be hesitant to hold up funds in something such as health insurance but self-employed individuals need health insurance just as much as a 9-to-5 professional. Also, look into different retirement options to help begin saving for the future.

Make Sure to Reward Yourself

Great moments are always celebrated in an office setting whether it is landing a big account, meeting a sales goal, or a recognizing a promotion. It is important to celebrate these moments as a business owner as well and give yourself credit for all the hard work that is done every day. A reward for doing something great can be as big or as small as you want, as long as it is in the budget – whether it be a large purchase or a night off from the laptop and phone, taking the time to recognize a big moment is important. Plus, it always feels good to give yourself a pat on the back once and a while.

Running a small business is no small task – when all the weight of ensuring the business’s success lies on the owner’s shoulders it can be a stressful and tiring experience. By investing in further training, securing a healthcare package, and making sure to reward your great accomplishments, you can be one step closer to being a better boss to yourself. When you open a small business, there is no longer a boss to recognize great work so make sure to reward yourself to help keep you inspired and motivated.

Are you ready to break out on your own and start your own small business venture? If you would like a small business mentor to help ensure your success, Stacy O'Quinn would love to help  you! For more information about Stacy, his opportunity, and how he can help you, click here.