84: Impatient Mistakes To Avoid Whether You Are Starting A Business, You Are Self-Employed
84: Impatient Mistakes To Avoid Whether You Are Starting A Business, You Are Self-Employed, A Solopreneur, Entrepreneur, Mompreneur, Business Owner, Side Hustler, Freelancer, Bookkeeper, Virtual Assistant, Or VA
Patience is a virtue. Owning a business means you need to really hustle to be successful, and practicing patience may not be something you’ve thought about much in your business, but by being patient, you may just start to see better options you have available for your business. There will be many times in your business when you will need to plant seeds, cultivate them, and wait for their success. Practicing patience will help you overcome the anxiety you may be experiencing in your business right now. In the fourth episode of this week’s five-episode podcast series about common mistakes business owners make, you’ll learn how being patient in your business will help you in many ways. Embracing failure and learning from it is just one of the ways you can work towards being a more patient business owner. It doesn’t matter if you are 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, by taking the time to take a deep breath, relax and practice being patient, your business will clearly benefit from your actions. These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, or FreshBooks for your business finances; or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document…
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Show Notes:
Patience is a virtue. Owning a business means you need to really hustle to be successful, and practicing patience may not be something you’ve thought about much in your business, but by being patient, you may just start to see better options you have available for your business. There will be many times in your business when you will need to plant seeds, cultivate them, and wait for their success. Practicing patience will help you overcome the anxiety you may be experiencing in your business right now. In the fourth episode of this week’s five-episode podcast series about common mistakes business owners make, you’ll learn how being patient in your business will help you in many ways. Embracing failure and learning from it is just one of the ways you can work towards being a more patient business owner. It doesn’t matter if you are 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, by taking the time to take a deep breath, relax and practice being patient, your business will clearly benefit from your actions. These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, or FreshBooks for your business finances; or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document…
Welcome Back…and welcome to the fourth of the five series podcast I have for you this week, where I am talking about some of the most common mistakes business owners have been known to make in their business. I want you to be aware of these mistakes and take action to make sure you don’t make the same mistakes in your business.
Today, we are focusing on being patient. In a world where we are used to getting everything done quickly, it can be hard to be patient. It seems like everything we want is available with a click of a button. Think about Amazon and how easy it is to make a purchase with just one click. There are so many ways that allow us to lose our patience, but when you take the time to be patient, you will start to see the rewards.
Let’s talk about giving up too soon. When you are faced with a problem in your business, do you give up right away? If you would just take a moment and really take a look at the situation and start asking yourself questions about where you are at and what it will take to bring you closer to what you are aiming for, you’d be practicing patience. I know this is a hard thing to do, especially when moments are passing by quickly. If you find yourself in this situation, try to take a breath, assess the situation, and make a smart decision. Is this something you should truly be giving up on, or do you just need to make a slight pivot to see success?
Failure is often a time when business owners will lose their patience and give up too soon. Rather than just giving up, embrace your failure and learn from it. Is there a way that you can dig deeper into why you are experiencing this failure and create a solution so that you can fix what is broken and see success? Think about everything when it comes to your failures. Assess how these failures were perceived by your customers, vendors, and even other business owners. By gathering this information, you may be able to learn a lot about the situation and turn your failure into a success without starting over with another option from scratch. Believe it or not, some business owners thrive on finding failure so that they can use each failure to create a much better solution. Take a moment and think about how you handle your failures not only in your business but also in your personal life.
By being patient, you could be saving yourself lots of time. Have you ever made an impatient decision and then found yourself paying for that decision by spending way more time than you would have needed to if you would have just been patient and thought the situation through before acting on it? Time is money, and you don’t want to waste your valuable time correcting poor decisions when you could be utilizing that time to generate additional income. Patience is a virtue…take a breath, slow down and make smart decisions in your business with patience.
I know many of you who are already on the waitlist patiently waiting for the registration to open for my Strategic Bookkeeping Academy are going to be excited because I am happy to announce that I’m ready to open registration, so take a second and make a note that the Strategic Bookkeeping Academy is launching on June 15th, 2022. Also, note that there will be a promotion for founding members from June 15th through June 17th, 2022. This means that I created this new program, and I can’t wait for you to join and start taking control of your business, gain a deeper understanding and master your small business finances. This program will help you understand exactly what you need to do when you are doing your own bookkeeping for your business. It is also helpful for bookkeepers who are still working on their processes to deliver the best bookkeeping service to their clients. Having over 25 years of experience working with business owners, I understand where they struggle, and this program is designed to help service-based business owners do their own bookkeeping with ease. Since this program is new, I also created a special bonus and gift for you when you sign up in the first couple of days the program is open. So, if you want more information, if you can’t wait to join, or are curious to learn more about the Strategic Bookkeeping Academy for service-based business owners, come join the waitlist. It’s very important for you to join the waitlist if you want to grab the special founding member opportunities during the promotional period. If you miss this promotional period, you can still purchase the program, but not for the promotional price. You can get on the waitlist by going to www.FinancialAdventure.com/SBA and clicking on the waitlist button, enter your email address, and I’ll send you the information to register during the promotional period. I can’t wait to see you in the program. I’ll post links to this and other valuable resources for business owners and bookkeepers where you are listening to this podcast and in the show notes.
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.
