The Habits You NEED To Know Before Starting A Business…
Holly Smith
High Performance Coach ?? Author 30 Days To Happiness?? Founder The Happiness Formula??Plan The Best Year Of Your Life on the Sunshine Coast ?? DM me’WORKSHOP’ for details.
According to the Small Business Administration (SBA)
20% of new businesses fail during the first two years
45% during the first five years
And 65% during the first 10 years
Same with podcasters…
The average person releases 20 episodes and then gives up.?
So why is that??
From working 1:1 with 100 business owners over the last few years
I have seen the following...
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People jump into a business venture without even thinking about the future
And if it is even aligned with who they are and what they want.?
They get halfway into building their business and boom
They realize it’s not what they want
A bit like a summer fling ???
They say don’t start with the what, start with the Why.?
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“I’ll just quit my job and because I am motivated right now I’ll just hustle and make bank!”?
Maybe for a short period.
And you cannot reply on motivation.?
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Having some kind of capital, savings, and strategic business plan with clear numbers might just save your ass.
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Business is so much fun!?
And provides so much freedom!?
But man, it’s so challenging.
The ups and downs of finances.
The long days of figuring it all out.?
I get it.?
I built 3 businesses since the age of 18.
It’s not always sunshine and rainbows?
That’s why you NEED consistency & discipline in place to push through those hard times?
And build the resilience to climb back up when you’re in a low season
All of these pointers will give you confidence when making BIG and Challenging decisions.?
????Ready to build a fulfilling business with the right habits in place from the start so you don’t one day wake up and ask yourself…
“What have I done”?
This is your chance.?
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Stay Happy?
Holly
P.S. Here are 4 ways I can help you get organized & level up this year?
I help men master the skill of LASER FOCUS
6 个月Holly Smith Brilliant article! The 'all' or 'nothing' approach is a manhole..
Chief Executive Officer | Doctor of Philosophy (Ph.D.)
6 个月I love the idea of starting with "why", Holly. Starting a business is a big commitment. Understanding why you want something will help you determine whether a potential venture is something that you can stick with in the long term.
19 years of multidisciplinary experience ?? within various projects & industries??? "Health Safety Environment Engineer at Eurolink Safety Dubai (UAE)
6 个月To become a high performer, you must seek clarity, generate energy, raise necessity, increase productivity, develop influence, and demonstrate courage. These are the personal and social habits that are proven to help you excel. This book is about the art and science of how to practice these proven habits.Holly Smith ??
Leading Business Strategy Consultant | Helping SME leaders turn ambition → reality and scale operations with comprehensive planning and strategic execution | Keynote Speaker
6 个月These stats are staggering Holly Smith It goes to show that it takes a lot to start and grow a business.
Empowering Businesses and Homes with Sustainable Energy Solutions ?? Your go-to professional for implementing eco-friendly and efficient energy practices. #Sustainability #CleanEnergy #GreenBusiness#RenewableFuture
6 个月Building a profitable business while maintaining happiness sounds like an ideal formula for success, Holly Smith.