Mental Readiness When Starting a Small Business by Rhonda Williams
“It’s time…it’s time for me to leave my job “, is what I told myself one day while thinking about my perfect future. For months I’d read every book that I could find on self-development, listened to audio daily and attended classes and seminars to learn more about myself. I worked at a place that I allowed to slowly take away my spirit and my joy. I knew I could no longer work for that organization because it didn’t match my values. I was so unhappy and it began to manifest in other areas of my life. I decided to pursue my financial services business full time and leave my job. I had the perfect plan; according to my goals I should have at least $500,000 in my possession.
Needless to say, nothing worked the way I expected it. Why not? In this article I will share with you mental obstacles that I had to go through while starting and running my business.
You have to have a passion for what you do. I learned later that I didn’t love what I did. I got excited about how much money I could possibly make while working in financial services. I got bored quickly and stop putting forth effort when things didn’t go in the direction of what I have imagined. I realized that building a financial service is not something I wanted to dedicate my life to. I had to stop and really connect with my higher power to really understand what I was here to do. I found my passion in working with at risk youth. The thought of dedicating my life to help transform the lives of our future generation gives me the desire to push forward. I didn’t understand why I wasn’t succeeding in financial services and it would cause a lot of anger and frustration.
What’s your WHY? You have to know why you do what you do. It has to be beyond self-gratification. Who are you doing this for? What is your business doing to serve others? I had to understand that this business wasn’t about me; it’s about the people who I connect with. I was created to bring value to others and when I do so I reap great benefits. I started financial services because of what it could do for me and not because of what I could do for others. My why is the thousands of children/youth who are crying for help but are unsure about how to communicate their needs in a positive way.
Dedication and consistency: I had the hardest time transitioning from the employee mindset to the entrepreneurial mindset. I didn’t have a supervisor or a job description that told me what my daily duties were for my business. I found myself doing busy work rather than focusing on income producing activities. I didn’t know what to do. I found myself creating more frustration and confusion in my business and it reflected in my finances. After months of drowning and fighting mental battles I had to self-reflect and take responsibility for the results I was getting. At my previous jobs I had the company and upper management to blame for my short comings but with my business it was a direct reflection of my actions. I had to understand the meaning of a quote that I hold to dear to me. You don’t get out of life what you want, you get out of life who you are. I quit when times got hard and I would think so negatively about myself and money. I wasn’t consistent with my income producing activities and I wasn’t giving my all. As I look back I believe I felt that the ‘perfect instructions’ on running a successful business were going to fall in my lap. I was waiting and wasn’t even sure what I was waiting on. I had to wake up quick because I was on the verge of losing a lot. I had to lean on my why and use that to create opportunities for myself. I had to give my all to my purpose. I had to humble myself to really understand what I needed to do in order for my business to grow abundantly.
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