Self Motivation

Managing Your Own Motivation

There’s no doubt that whether you run your own business or not, one of the keys to success is having the right mindset and a huge amount of this is down to motivation.  When you run your own business there’s no one else to come along and gee you up, so you have to do it yourself.  This is not always easy, particularly if you’re going through a tough time in your business, but approaching managing your motivation as a priority will soon start to pay dividends.

The first thing you need to think about is exactly what motivates you.  You need to understand this fundamental before you can actually move on with motivating yourself.  This is something unique to YOU. Your key motive may not necessarily be the first thing you think of.  For example, a lot of people may say they are motivated by money, but dig a bit deeper and you realise it’s usually not actually the money but what that enables you to buy, be that the ability to spend more quality time with those who are important to you, perhaps it’s being able to afford that dream house.  Whatever it is that you dream of for your life, that is what you need to focus on.

The next step is to set yourself goals, both personal and business goals.  These goals need to be big, but at the same time realistic.  Think about where you want to be in 5 years’ time in your personal life.  What would you need to achieve in your business to enable that?  Once you have a long term business and personal goal, you then need to break these major goals down into smaller goals and milestones for both business and personal achievements. Read more about setting SMART goals and how to break them down into actionable steps here.

Every single day you need to understand why you are doing what you’re doing and how that fits in with the overall strategy.  Spending an hour out of your day today sending a marketing email may seem completely unrelated to buying that farmhouse you’ve always dreamed of, but if you understand how it fits in to the bigger picture and how these tiny steps will ultimately lead you to your goal then all of a sudden the smaller tasks feel a lot more exciting.

Creating mini milestones along the way is crucial.  These mini milestones help you to both ensure that you are on track with achieving your ultimate goals and are cause for celebration in their own right.  Decide on key milestones and what you should do as a celebration when you achieve them. Make sure you reward yourself properly.  These celebrations act as incentives in their own right to spur you on to achieve the next reward and the next.  They also drive you on and ensure you keep moving towards the ultimate goal as well as having some enjoyment along the way.  Uplifting moments that cheer you up have a massive impact on motivation, so allow yourself to enjoy your successes.

Whilst it’s important to keep progressing towards your goals it’s also important to acknowledge that there will be setbacks along the way, probably quite a lot of them.  Managing motivation when things are going well is one thing, but it’s a lot more difficult when things don’t go to plan.

This is where you really need to remember your ultimate motivation and why you are doing what you are doing. You need to understand the importance of overcoming the obstacle in front of you and how that will take you closer to your goal. The more you start to think in this way the easier it becomes to develop the right approach to these situations and deal with problems quickly.  Solving a problem, however small, can in itself give you a boost and feed in to your motivation.

It’s really important not to fear failure.  If you do this you will never move outside of your comfort zone and progress personally or professionally.  Thomas Edison famously had over 10,000 attempts at creating a lightbulb before he got it right, but in spite of these ‘failures’ he continued to innovate and still motivated himself. He considered each of his earlier attempts as another method he had learned of how not to make a lightbulb.

Having someone else to help you with your motivation and helping them with theirs is a massive spur on.  For one thing making a commitment in front of someone else about what you want to achieve is an extra incentive to progress and work towards your milestones.  Helping them to achieve success as well, or even just seeing them succeed and knowing it’s been part of them following their own plan is also hugely motivating.

It’s important that you surround yourself as much as possible with positive people who will also encourage, motivate and inspire you.  Try to steer away from negative people who will bring you down as they will certainly have a counter productive effect on your motivation.

The most important thing, as with most aspects of business is to get on and do it. Realising at the end of the day that you have taken another step towards achieving your goals will certainly compel you to do the same tomorrow.

Feel free to share if you know anyone who could do with a burst of motivation to help them achieve their goals.

Small Business Blogs

5 Small Business Blogs To Read Regularly

5 Small Business Blogs I Love

It’s nearly Valentine’s day so in keeping with the love theme I’m spreading the love and sharing my 5 favourite small business blogs.  These are in no particular order.

  1. Hubspot. I’m a big fan of Hubspot all round really, their free CRM is amazing, and through using that I found their blog. The blog is crammed with content on sales and marketing related topics and full of useful ideas to implement.
  2. Startups.co.uk. A useful website for all small businesses, not just startups. The blog is a useful collection of articles which range from tips and how-tos to inspirational stories from entrepreneurs.
  3. Businesszone.co.uk. Again a useful resource on a whole range of topics of interest to the small business owner ranging from law, finance, marketing, human resources and much more
  4. Google Small Business Blog. If you read my blog reasonably frequently you’ll often see me make reference to Google. Let’s face it, every business needs to get their website found by Google.  This blog, although not particularly regularly updated gives useful insights for small business owners to make the most of the various Google tools that are out there.
  5. Birds On The Blog. A blog written by business women for business women on a variety of topics in a friendly, down to earth style.

Are there any blogs you read regularly?

 

Automate

Automate To Save Time, Be More Efficient & Improve Your Decision Making Ability

I often find myself blogging on the subject of saving time.  Hardly surprising when for many of us small business owners there simply aren’t enough hours in the day to cover the multitude of tasks we all have to deal with throughout the working day.  Most of these tasks are in addition to our core business.  We can end up spending hours every week on fulfilling some of these tasks.  For a business to grow you need to be able to spend time working on your business rather than in the business.

So once again I will find myself attempting to answer the question of how we can save time.

One thing I am a big believer in is automation. Automation is one of the biggest things you can do to save time during the week.  But there are additional benefits as well as saving time which give you even more reason to do it.

 

Why should you automate?

  • First and foremost it saves time.  Why spend hours doing something yourself manually if a piece of software can automatically do it for you?
  • It saves money if you are paying for people to carry out some of these tasks for you.
  • Eliminates user error – the more times something is redone manually by another person the greater the risk of an error being made.
  • As everyone has a capacity to make a finite number of decisions in a day, it improves your decision-making ability as you don’t have to waste brain power thinking about minor decisions.

 

What should you automate?

In short, as much as possible!  Here are some ideas to get you started.

  1. Social Media. Using a tool such as Hootsuite enables you to write multiple social media posts in one go, in one place and then schedule them. This enables you to write your posts in bulk and then save time logging in to social media on other occasions and getting distracted.
  2. Invoicing/Credit Control. Many accounting systems such as Kashflow or Xero will allow you to create invoices in bulk and create recurring invoices for regular clients in one go. You can also set up the automated credit control so that not only do the invoices go out on time, but your clients are sent reminders too.  This not only has the benefit of saving time, but ensures that the credit control process is followed to the letter and nothing is overlooked which will certainly help to reduce your time to get paid.
  3. Sending automated emails. Using the automation function within Mailchimp you can drip feed a series of emails to your mailing list.  Once it’s set up all you need to do is add the new person’s email address and it will do it in the background for you.
  4. Email templates. You probably find that you receive a lot of very similar email enquiries about your products or services.  If you haven’t already, automate this process by preparing some templates which can be tweaked accordingly and then sent in response.
  5. PC Backups. Instead of running these manually automate them.  If you are thinking that this wouldn’t save you any time as you don’t back up, then you need to put this in place now.  Losing your files would be a nightmare for most businesses, not to mention a complete waste of time, so make sure it doesn’t happen to you and put an automated system in place asap.
  6. Reporting. It’s always a good idea to check reports to keep a track of how your business is going, but all too often it’s the case that businesses are spending time manipulating one set of data getting it added in to another spreadsheet and changing the formatting.  See what you can do to automate this process.
  7. Blogging. If you have a WordPress blog they have a facility to schedule your posts for whenever you want.  This gives you the option to write multiple posts in one go and then publish them all in regular intervals.  This not only saves time, but also works well during times when you may be on holiday for example but want to keep a post going out each week.
  8. Frequently Asked Questions. If you find that you get certain questions about your products or services asked regularly one way to minimise the time you spend on dealing with these enquiries can be to create a Frequently Asked Questions page on your website.  This won’t eliminate all your queries, but will cut them down. The other advantage of having such a page on your website is that you can turn it in to an opportunity to further sell the benefits of your product or service so it may help to generate more business.
  9. File sharing. Having to email files between colleagues internally is a complete waste of time when you can use a service such as Dropbox to give everyone access to the information they need.
  10. Project Management. A lot of time can be wasted through communicating the same information to people at different times. Using a tool such as Trello or Freedcamp means everyone gets updated automatically on the status of a project.  So for example if Jane is waiting for Richard to finish his stage of the project before she is able to progress to the next stage with hers, she will automatically be notified.  Also is means that all the files and information is in one place, which can save a lot of time in back and forth email communication.
  11. Sales tracking. Using a CRM such as Infusionsoft or Salesforce will automatically remind you of what you need to do to keep moving your leads through the sales funnel.
  12. Website Traffic Tracking. If you have Google Analytics installed on your website you can request reports to be sent to you daily, weekly or monthly.  This is useful as it sends the information to you without you needing to go in and then spend ages looking around the website.
  13. Share calendars. I’m not sure if you would really class this as an automation or not, but I’ve included it because it saves so much time checking diaries with colleagues back and forth when you can just book something in there and then.
  14. Email signatures. If you haven’t already got an email auto signature then create one.  Typing your name and title each time may only take a few seconds each time, but over the course of a day and a week these seconds add up.  Not only that, a proper autosignature looks more professional and can also be used as an opportunity to highlight a product or service that you want to promote.
  15. Pay Bills. If you have bills that you pay regularly setting up regular standing orders or direct debits saves so much time each month making the transactions.  Ensure that you record all of these in your P&L though as it’s easy to forget you are paying something when you don’t actually see the money going out.
  16. Research. Google Alerts is a great tool.  It uses your search terms for your company, industry or competitors and monitors online mentions.  It them compiles them and sends them to you, either in real time or as a daily or weekly report.  This saves countless hours of trawling the internet yourself looking for information and ensures you are kept up to date with relevant information.
  17. Take payments. GoCardless will enable you to take direct debit payments from your clients. This saves a lot of time on credit control and ensures you get paid promptly.  It will also integrate with several online accounting systems saving further time.

 

The best way to tackle automation.

 

So there are some generic ideas, to implement and perhaps there could be others relevant to your industry.  The thing to remember is not to get fazed by looking at a list like this.  You can’t do everything at once. Concentrate on one thing at a time.  Automatation saves an incredible amount of time, but sometimes the set up process for an automation can be time consuming. Don’t be put off by this as in the long term this will reap benefits, but at the same time you can’t expect to get everything in place overnight.

Factoring in time each week to work on setting up each of these processes is a good place to start and work through your list.  As time goes on and you achieve more on the list you will find that you have more tasks automated you are saving time each day which can then be used to start other automation processes, work on growing your business, or simply take a well earned rest.

Do you have other ideas for automating processes in your business?  We’re always keen to hear of time saving suggestions so let us know your thoughts and ideas so what we can share them.

If you know anyone else who could be interested in reading this or any other blog posts please do share.