As hard working business leaders, we’re all trying to find and maintain our edge - that secret sauce that keeps us on top of our game. The trouble is, this can ebb and flow over time as our natural motivation and energy levels adjust themselves, or react to outside stimulus. When you’ve worked so hard to set up a company, find your brand values, connect with an audience and take on the best employees, however, you can’t afford to let a bad day or two turn into a streak of lows. Keeping yourself at peak performances as an entrepreneur is just as important as any other company asset. So how do you keep the hustle alive after the initial struggle is over and business is up and running?
Learn To Delegate
This is one that a surprising amount of business leaders struggle with. When you first started out, you were unlikely to have had employees right away. You had to get used to doing everything yourself, from pitching to new clients to chasing up those overdue invoices, and everything in between. You get used to having things done in exactly the way you like them. When your company expands, however, you end up having to assign more tasks to other people. And that means letting them do the job you hired them for. If you take on too much and your work-life balance starts to spill over, then your focus tends to be too split to stay on top of things, so practice letting go within reasonable parameters.
Keep Up With Trends
The world around is always changing - and so are the customer wants and attitudes and macroeconomic conditions which will affect how competitive your business is in a global marketplace. It's vital to keep your finger on the pulse with trends from both insider your sector and in the broader business community. Spend time reading blogs, checking relevant social media like industry commentators’ Twitter accounts or relevant LinkedIn groups, sign up for trade newsletters, and map out what conferences, trade shows and local networking eventswill most benefit you. That way you are much better placed to make accurate predictions on new trends and better anticipate the needs of your cousin.