5 Ways To Stay Motivated According To Bill Seagraves

Professional woman motivating her team

When starting a new business endeavor, it’s natural to be excited. The real challenge is whether or not you maintain that same level of motivation years later. Personally, I struggle at times with keeping the momentum and inspiration at full capacity. It’s true. No one is immune to indifference.

Recognizing you are in a slump is the first step to pulling yourself out of it. In true entrepreneurial fashion, that inner grit and determination will serve you well as you find ways to take action and get back into the business ownership groove.

Here are 5 tips and tricks I keep in my back pocket when I need a little motivational boost.

1. The Right Business Sets The Right Tone

This first one is for those who are in the beginning phases of entrepreneurship or for those looking to make a career pivot. Choosing a business that is right for you goes hand-in-hand with consistent motivation and fulfillment. You’ll be better off if you choose a brand that:

  • Has a mission that aligns with your goals and beliefs
  • Provides the lifestyle you are looking to achieve
  • Includes daily tasks that excite you
  • Provides a sense of camaraderie and/or greater purpose
  • Is challenging in a good way

If you keep these things in mind from the start, the likelihood of you staying motivated months, years, or even decades from now will increase tenfold.

2. The Importance Of Meaningful Interactions

It’s no secret. I’m a people person. One of the biggest perks of my role at CatchFire Funding is the one-on-one conversations I get to have with folks from all walks of life. Having social interaction, whether it’s over the phone, via Skype, or in person, is a big deal for me. I believe there is an innate need for people to interact with other people. The independence of being your own boss is great, but is at its finest when balanced with a social component. You’d be surprised how other individuals can act as sources of inspiration — this just happens to be a great segway to my next point.

3. Giving Back, Paying It Forward, And All That Good Stuff

One of the most gratifying and motivating parts of any business is the opportunity to make a positive impact. Whether it’s for an individual, the community, an organization, or the environment, it makes all the work worthwhile. Personally, I’ve benefited from mentorship relationships and so I find it very fitting to have the opportunity to take on that role for others.

Internally, I do this by helping my employees to enhance their knowledge and skills. Externally, I help to guide my clients through the business ownership process, making it as simple and successful for them as possible. I believe that a win for anyone is a win for everyone.

4. Don’t Be Afraid To Delegate

If you start to feel lackadaisical about the tasks at hand, start asking yourself the following questions:

  • What do I enjoy doing? And how can I work those things into my to-do list?
  • What tasks are truly worth my while? In what ways am I of most benefit to the business?
  • What are things I do begrudgingly? Is there a way to make these tasks more appealing?

I found that when I was spending a good chunk of my time doing things that didn’t bring me joy or satisfaction, it became the opposite of motivating. In fact, it was extremely de-motivating. So, I found ways to remove those tasks from my personal inventory of business responsibilities. Sometimes, trying to control too many things can lead to burnout. In many instances, delegating can be an entrepreneur’s best friend.

For a solopreneur, this can prove challenging as they don’t necessarily have coworkers to help carry the load. For these individuals, I would highly recommend looking into hiring contractors. Even if it is temporary, having that time can prove extremely reinvigorating.

5. Perfecting The Art Of Problem-Solving

Having a business model that operates like a well-oiled machine is the end goal. However, monotony is exactly what it sounds like — boring. It is important for every individual (especially business owners) to feel challenged.

An opportunity for problem solving is an opportunity for growth, which is a common motivator for all entrepreneurs. The very definition of an entrepreneurial mindset is a set of skills that enable people to identify and make the most of opportunities, overcome and learn from setbacks, and succeed in a variety of settings.

At the same time, it is important not to get overly comfortable or, to some extent, cocky about your business. Even when you’ve reached a point where things are consistently smooth, it’s crucial to never rest on your laurels. Trust me, there is always room for improvement. And knowing that should provide a healthy dose of motivation.

It Always Comes Back To The “Why”

At the end of the day (literally, every day) take a moment to remember why you started this business endeavor in the first place. What was it that spoke to your entrepreneurial spirit? Know the answer. Embrace it. And put it into action.

Over the years, I’ve had employees ask me when I’m going to retire. And I answer their question with one of my own: How do you define retirement? If you believe it’s when a person stops being involved, I don’t know if/or when I’ll ever be completely detached from CatchFire Funding. As cliche as it may sound, it is a part of who I am. If you’re looking to own a business that will become a part of who you are, my team and I are here to make that happen.

Speaking of motivation, don’t spend your life working for someone else when you could be making a living that allows you to build a legacy. Let’s get started!