When it comes to launching your first business, having an effective plan and strategy is important — but it isn’t everything. You can have all of the resources, education, and experience in the world, but it won’t matter if your mindset isn’t in the right place. It should come as no surprise, then, that many individuals who consider starting a business never do so because of fear, doubt, and anxiety. This can be amplified for those who’ve experienced financial setbacks in the past.
If one of your biggest, unfulfilled dreams is to start a business of your own, NavaWeb shares effective strategies for creating an unshakable mindset that will help you achieve your goal.
Leverage The Power of Positive Affirmations And Meditation
If you are unfamiliar with positive affirmations and/or meditation, or have little experience with either, now is the time to fully embrace these incredible tools. When used in conjunction, both have the power to create massive shifts in your mindset for the better.
A positive affirmation is a statement that affirms a skill, characteristic, or belief about yourself. Affirmations can sound like “I am a skilled entrepreneur” or “I easily attract money in whatever venture I pursue.” While positive affirmations are said in the present tense, they do not have to currently be true. You can create an affirmation that reflects a future state or goal. Saying positive affirmations to yourself on a daily basis can combat negative thinking and beliefs about yourself.
Meditation is also a fantastic tool for focusing your mind on the present and for challenging negative thinking. Commit to creating your own positive affirmations and meditation practice to enhance your confidence about starting a business.
Always Have Money Saved For The Unexpected
Individuals who’ve experienced financial hardship in the past can often shift to a mindset of scarcity. However, when getting ready to start a business, having a mindset of abundance will take you so much further. To help give you peace of mind — and to make you feel as though you do have plenty of financial resources — always have money saved for the unexpected. If possible, create separate savings accounts for your business and personal expenses. Doing this will allow you to focus on doing what you love, instead of always worrying about money.
One way to have money for your business is to apply for the different grants that are available to small business owners in Canada. Just make sure you do plenty of research, put together an incredible grant application, and have a solid business plan in place. When you’re just starting out, this could be exactly the type of boost you need.
Be Strategic About Your Time By Hiring a Virtual Assistant
Time scarcity can also be a major stressor. When you feel as though you don’t have enough hours in the day, your stress and anxiety levels will soar. Experiencing these feelings on a daily basis can quickly lead to burnout, which can end your entrepreneurship journey.
Instead, get strategic with your time by outsourcing. One of the best moves you can make is to hire a virtual assistant, which you can do using most online job boards (or just reach out to NavaWeb – we do this too!). Virtual assistants offer affordable services for small business owners and can handle a wide range of time-consuming tasks. From answering emails to data entry to taking phone calls, you can free up hours of extra time each week.
Seek Professional Guidance
Finally, one of the best ways to shift your mindset into a positive space and to achieve any dream that you set for yourself is to work with a professional life coach. More specifically, an experienced life coach can create a plan to help you break through limiting beliefs, feel empowered, and reach any goal. You’ll also receive constant support and motivation for the tough moments that are inevitable for all new business owners.
As you begin your entrepreneurial journey post-financial hardship, there are so many tools available to you to boost your mindset. These same tools can also help you let go of stress and anxiety and ultimately help you achieve your dream of business ownership.