15 Dec TOP 10 HABITS OF SUCCESSFUL BIZ OWNERS
Successful business owners leave clues! They all do certain things that help to elevate their success. By reading, watching, listening and surrounding yourself with successful business owners you can learn their secrets and implement them in your life.
Today I am sharing with you, the top 10 habits of successful business owners so you too can make changes in your life to grow your success.
Success Secret One
Successful business owners know when it’s time to ask for help!
They know when they need help and they know when something is outside their skill set. Successful business owners do this by knowing what their genius zone is, what their skill set is and where they need to fill in the gaps. They then seek out experts, professionals and team members to fill these gaps so that they can get the help and support they need, and build out their winning team.
Successful business owners then develop their leadership skills to get the most out of their team for their business success, they view their team members as an asset of their business not a cost.
Success Secret Two
Be smart with money and your business finances.
You need to understand money, you need to understand your numbers and you need to know how to manage these resources effectively to enable you to keep growing your business. As your business grows it will consume more and more cash, therefore it is important to manage your business finances strategically.
Be very clear on your money management strategy.
Understand what you need to do to enable you to grow your business and what cash it is going to need to do this.
Start to create strategies to make the most of this resource and areas you can save money to help you grow your business.
Success Secret Three
Constantly grow your knowledge.
Constantly work on your professional and personal development. You are your most valuable resource, and having a plan to continually uplevel your skills is vital for your success.
Having a coach can be extremely helpful in you upleveling your skills. I personally have two coaches.
It’s important to also learn from business owners that are in a completely different niche from you because you can learn so many new strategies that you can transfer across to your own business. This cross pollination of ideas can be the edge you need to really make your business more successful.
Constantly working on your knowledge, professional and personal development is key to your success.
Success Secret Four
Sleep is important for your mental health, it’s important to make smart decisions, staying rational, and calm in the face of challenging business situations.
Being able to manage your emotions is key and getting a good night’s sleep is fundamental to this.
It’s important to get a good night’s sleep and to unplug from everything. Turning your computer off and turning your phone off when you go to sleep is the number one habit to get a good night’s sleep.
Try it tonight, unplug from all devices at least an hour before bed and see how much more soundly you will sleep.
Success Secret Five
Do regular exercise!
Set an exercise routine to become part of your weekly plan. Exercising doesn’t only keep you fit physically, it also helps you in every aspect of your life including mentally and emotionally.
Having well balanced rest and an exercise routine gives you clarity in your mind and results in you being more productive and making better decisions, the fundamental traits of a successful business owner.
Success Secret Six
Even a short mediation of 5 minutes is enough to help you create some space in your mind.
By unplugging from everything and quieting your mind will give you that space you need to be open for more creativity, more focus and more clarity.
Whether you need to listen to meditation music, a guided meditation or you are happy to sit in silence, find time to meditate.
I love listening to guided meditations to help me quiet my mind.
As business owners, we need to have that space to be able to create and think of new ideas and strategies. Meditation and quieting your mind is key for your creative process.
Success Secret Seven
Set big goals that push you outside your comfort zone.
Set big goals that are going to push you to achieve them and share them with someone to keep you accountable to achieving them. Make sure your goals are S.M.A.R.T. (Specific, Measurable, Achievable, Realistic, and Timely) and you create a plan and take action everyday to achieve them.
Then watch your business grow.
Success Secret Eight
Build a strong network.
As the saying goes, “Your network equals your net worth”.
In business it’s important to build strong relationships, whether it’s with your customers, your suppliers, your referral partners, or other business owners. Building your networks not only can help you grow your business, but if you ever need any support in business you will have a strong network you can call on to help you.
Success Secret Nine
Be clear of your vision.
I personally share often about the importance of being clear on your business and personal vision. Why, well simply because it’s so important.
Being clear on your vision helps you to keep moving forward, to keep taking action, to keep showing up even when you feel like giving up.
Success in business is often simply because someone has been willing to never give up on their dreams, and to keep taking action towards their vision even when others couldn’t see it.
Are you clear on your vision?
Success Secret Ten
Time management and creating strong routines for success.
Often people don’t like to have a strict routine, or following a disciplined schedule. They feel like it inhibits them, especially as a creative entrepreneur.
However, having strong routines can set you free because it gives you the space to do the things you need to do and then enables you to create the space to have the quality time you need away from the business.
Plan out your business success routine and build time management into all areas of your business.
These are what I believe are the top ten success secrets for business owners. Which ones do you follow now? Which ones can you start to implement?
If you are looking for a coach to help you achieve your business PROFIT, CASH and CONFIDENCE goals, then book your free 30 minute business health check with me today, link below.
Hi, I’m Phoebe. and I love business! As a sought-after qualified accountant, I come from a place of experience, with over 15 years of running my own accountancy firm, MGA Accountants, I scaled the business to double the size before successfully selling in 2015. Now I am focusing on what I love, helping Professional and Trade service business owners step up from being the Technician to the true CEO of their business, to create more profit and time freedom to live the life of their dreams.