5 Personal Habits That Will Make You a Better Business Owner
June 25, 2018
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As a small business owner, you’re constantly trying to get better at what you do. It’s true; increased productivity and innovation is essential to the future of your enterprise. But better working practices aren’t the only things you should try to improve. The stress of your business can cause you to overlook what you do in your personal life and fall into an impractical, monotonous routine.
Your personal habits can help you run your company in a more efficient way. It can also make you a nicer person to be around which is a major plus for both your employees and customers.
Your personal habits can help you run your company in a more efficient way.
Here are just 5 personal habits that will benefit your business in the long run.
There are thousands of books that claim to make you a better businessperson. Some might have actual knowledge on this and a few may actually be helpful. Don’t spend all your time reading business self-help books in hopes of finding a secret to making as much money as Warren Buffett.
Most of the time, this magical answer comes to you in several books that have nothing to do with running a business. Make reading a personal habit. Read everything you can get your hands on. Read fiction and non-fiction and poetry and essay collections, every single day, if possible.
In order to grow your business, you have to grow your mind. Picking up a book everyday is one of the only ways to do this.
Go to the Gym
A healthy mind lives in a healthy body. Just like many of the most overused cliches, this is completely true. Whether you’re running on a treadmill with a laptop in front of you or powerlifting on a business call, make sure to get some exercise in multiple times a week to stay sharp, healthy and productive.
Whether you’re running on a treadmill with a laptop in front of you or powerlifting on a business call, make sure to get some exercise in multiple times a week to stay sharp, healthy and productive.
Exercise shouldn’t only be for your personal wellbeing, you should also think of it as a habit that refreshes your mind and enables you to run your business more efficiently. Plus, it relieves stress.
Don’t Take the Work Home
It may be tempting to pack up your laptop at the end of the day, drive home and just resume work all over again. But working around the clock is a terrible habit that will do you more harm than good in the long run.
If you’re unwilling to leave the work in the office where it belongs, not only will it affect your personal relationships, the stress of constant work will also affect your ability to reason properly. It’s very important to take time away from work each day. Much like reading, going home and spending time with family or even by yourself is a great way to reset your mind and give you new ideas for your small business.
Never Stop Making Connections
Always seek to make new connections, whether with a more experienced businessperson or just an ambitious entrepreneur. As your small business becomes more successful, it’s tempting to close off your network and only let in successful people who can directly help your business.
As your small business becomes more successful, it’s tempting to close off your network and only let in successful people who can directly help your business.
Instead, see yourself as a helper who can provide assistance and mentorship to others if they need it. Even if you are unable to do any of these, your openness will likely land you a customer for life who will sing your praises to others. And for a small business owner, this community support can be very important.
Don’t Try To Do It All
As a business owner, you’re probably used to being very independent. Starting a small business probably means you’ve frequently had to complete all the tasks at your business and then rush home to do the dishes there as well.
Whether your business is stable and successful or still in its infancy, don’t be afraid to ask for help, whether in your professional or personal life. If you live with family, don’t be afraid to ask them to pick up some of your tasks. If you live alone and are in a position to do so, don’t shy away from hiring someone to get this work done for you.
Similarly, you should receive some help with the payments which you undoubtedly have to make. In addition to the high costs, transferring money through the bank takes a surprisingly long amount of time which you could use for the rest of the personal activities listed here.
Save yourself the stress. Use Veem.
Veem uses a unique multi-rail technology to exchange your payments quickly and effectively in over 95 countries. There are no middlemen and no wire fees, which allows you to cut costs drastically.
Even better, Veem provides you with a personal dashboard so you can track your payments and know exactly when it has reached its intended destination.
Sign up for a free Veem account today and take your small business to the next level.