My 5 Labor Day Lessons!

summer off It's Labor Day weekend, and I hope you're celebrating the holiday by enjoying barbecue with your loved ones.  It's also a day to reflect on our chosen work... and so I decided to do some reflecting myself and share it with you...

As you know, Labor Day started as a day to celebrate organized Labor. So while it's originally about jobs and employment, it interestingly turned into a holiday of freedom where most of us enjoy an extra day off.

As entrepreneurs, we have left jobs, bosses, and the tyranny of the old 9-5 behind, in favor of our own independence. Which brings the freedom of choice - from what we do, to when we do it, there's no one looking over our shoulder! 

And it's our choices that will ultimately bring us either success and financial reward or challenges, struggle and penny pinching to stay in business.

To help you with having more success keep reading for five key success strategies.   Here goes...

1. Know your WHY

Sometimes we may think we're motivated by money, and if we're short of cash, that might be true... to a point.  But most of the time - and for most of us, it will take a lot more to keep us motivated.  Money is just a small part of it - and it's really a means to an end.  So what is it REALLY that makes you work on and in your business?

Think about WHY you want to be an entrepreneur, and why you choose to do what you do.

For me, it's wanting to help entrepreneurs build successful businesses. It gets me excited when I see my clients succeed.  And it comes from my own experience of having built a successful business literally from scratch - and the challenges that were part of that experience during the early days.  Since I learned to overcome them, I want to share what I've learned to help others build their businesses.

What is it for you?  Is it the freedom to live and work where you want, or the ability to travel? Or do you want to be able to spend time with your family? Maybe there's a deeper meaning.

Take a few moments and think about what YOUR "Why" truly is, and then write it down and look at it every day. Knowing your why will help you navigate through any tough times.

2. Make a plan

You need a plan to start a business successfully, and you also need one to keep growing it. No matter where you are in the process of growing your business, you need one.... Period.

So get to work.  Take stock of where you are, where you want to go, and what it will take to get there, and create a road map to guide you in making the right direction, complete with action steps. And of course a plan is useless unless you refer to it often.

3. Surround yourself with success

I bet you've heard that before. We're as successful (or wealthy) as the 5 people we spend the most time with.  I don't know about the exact statistics of that, but it makes sense, doesn't it. And it's not limited to those 5 people, but the other people in your life make a difference too, as does what you read and focus on.

So go ahead, seek out successful people who support and motivate you. Surrounding yourself with inspired, motivated entrepreneurs who are also on the journey of success can make an enormous impact on how quickly your grow your business. As well, seek out books or courses that help you build the confidence and skills you need to move forward.

Whatever and whoever helps motivate you to stick to your plan will ultimately help you grow your business and achieve your goals.

4. Experiment and adapt

Here's the thing... even when we make a plan things don't always turn out the way we thought or hoped.  To be successful you MUST adapt and be flexible.  So go ahead and try new things, experiment.

Frankly, one trait that has served me well over the past 23 years of entrepreneurship is... "Resiliency".  Without it I would have failed and either given up or gone bankrupt years ago!  

For example, you might find that something you had planned to do just doesn't work for you. Maybe you planned on cold calling, but you decide you hate it so much that you spend your days sitting in front of the phone having a panic attack... and achieving nothing.

So drop it and add something that will work better for you. The whole point of your plan is to help you grow your business.  So if there needs to be a detour, go for it. 

5. Don't do it in a vacuum - get outside support

This is one concept that I didn't understand until recently.  In my first business I really was a lone wolf - totally out there doing it alone!  I must admit that there were times when I had no idea of what to do to solve a challenge so I went thru needless trial and (oh yes!) lots of error. Now I belong to an amazing mastermind group that has increased my motivation, knowledge and revenue tremendously.

Just because you're an entrepreneur and don't answer to a boss doesn't mean you have to be isolated and going it alone. Far from it. If anything, you need a larger support network to really make it work. 

When you look at some of the great entrepreneurs through history, you'll find that they all had a support network. Of course, the specific kind of support you choose will depend a lot on your situation and on your personal preferences.  You might want to read books, take a course, or hire a mentor or a coach. You might want to do all of these.  And you might even decide to join a mastermind group.

And if joining a mastermind group feels right to you, you might want to check out my
upcoming Marketing Lab Mastermind.  There are just a few more spots left, plus until Tuesday night, you'll even get a Bonus free private coaching session!  Call me for more info.  

You can find the details here:

So, this weekend, make sure you take some time out to go over the above points and find your own answers:

  • decide on your WHY
  • make (or adjust) your plan
  • surround yourself with success
  • decide where you might want to experiment
  • get whatever outside support you feel you might need

And then get ready for an awesome last third of 2013!    In the meantime, don't forget to have fun, and enjoy your Labor Day!

To Your Success!