I’m writing this while sitting on a cruise ship off the shore of Vietnam. I personally made $60k in sales in the last 2 weeks, and my company will do 7 figures again this year.
But I don’t get to travel on epic vacations like this because I’m rich and successful. In fact, it’s the opposite.
For as long as I can remember, I’ve been going on epic vacations to focus on building the businesses I run. It’s been the secret to my success, because I learnt a long time ago that it’s your day-to-day life that STOPS you building the business you really want.
You’re so busy making ends meet, and meeting the demands of those around you… that you don’t have the time it takes you to truly build a successful business.
Here are 5 reasons your business isn’t as successful as you want it to be.
1.Your day isn’t structured properly
Your business isn’t structured well. You work all the hours you’re given because you want to be successful, but this leaves you tired and drained at the end of each day. You can’t think of new ideas or implementing things that could elevate you to the next level because you’re so busy maintaining what you’re doing.
This is why I go on adventures like this. To find myself again. To give time to my company in areas that have been ignored for too long. By having a bit of time to relax and let my mind wander, I can come up with ideas I would never think of if I was just grinding away for hours.
2) Your Mind Isn’t Where It Needs To Be
You’ve lost the mental control over your company you once had. You’re distracted by your personal life while at work, and your work bleeds into your personal life when you’re at home.
You’re irritable and tired, and you’ve lost that drive to succeed you once had. It’s been replaced by hopes, dreams and praying for luck. And each additional step down that path will draw you deeper and deeper into a rut that you’ll have to desperately try to dig yourself out of.
This is why I’m always focused on seeing the positive in everything I do and make sure I have time for myself. It keeps me happy, it keeps me fresh, and it keeps me constantly moving forward instead of having to continually fight uphill.
3) You Don’t Have A Plentiful Mindset
You’ve become fearful of losing clients, losing money. You’ve got debt that’s building up that you don’t want to talk about with anyone, due to the fear that this will lose you even more clients.
You’re so worried about losing things that sometimes you come across as desperate, or you lock yourself away in your room watching Netflix hoping that things will be okay. If you don’t have the right problem-solving mindset, you’re going to keep wasting hours (even days!) doing things that don’t take you anywhere.
This is why I’m constantly trying to help others. I’m forcing my own mind to realize I have an abundance of ways to help others. And this abundance mindset stops me being worried about losing things. I know that I have solutions, I have answers, I have ways to help other people around me.
And the more I help other people, the easier it is for me to see how to help myself.
4) You’ve Lost Confidence
Failures and setbacks are a vital part of building your business. The world’s best CEOs have failed hundreds of times. They take the failure, analyze it, and learn from it, finding an improved approach that they can use on their next venture.
But when you’ve had a few too many failures in a short period of time it can severely impact your confidence. Suddenly, you doubt everything you do. Even things you could have handled in your sleep before might seem like insurmountable obstacles in your way.
And so you stop taking the challenges and risks you need to succeed. You’re so unsure of your ability to succeed, that you wind up dooming yourself to rejection and failure.
This is why I have a step-by-step approach to tackling failure to ensure I see it as a learning lesson instead of a mistake. As long as I come out of a failure with a way to make sure it doesn’t happen again (or, better yet, a way to turn it into a victory), it’s just another learning experience in my journey to constantly improve.
5) You’re Not Expanding
Some business owners are okay where they are. They’re making good money, they’ve got the bills covered. To them, that’s the epitome of a successful, stable life.
But the truth is, “if you’re not growing, you’re shrinking”
Even if you’re standing still, everyone else is growing and trying new things constantly. If you don’t keep pushing the envelope and trying new things, you’ll be left in the dust. It’s why companies like Xerox copies lost their dominant market position: their products may have been good, but everyone else was coming out with something new. It’s also the reason why Apple and Amazon are trillion-dollar companies: they never rest on their current successes, and are constantly pushing forward and trying new things.
This is why you should always be pushing to grow your business up. You have to build it up and increase its profit, its popularity and its productivity. If you don’t, someone else will come along and steal the market right out from under you.
Make it the biggest and best it can be, and you’ll be good to go.