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Published On: Thu, Apr 20th, 2017

Five Personal and Professional Growth Tips for Modern Entrepreneurs

If you’ve grown bored with your business or feel like you’re losing a bit yourself for the sake of your company, you certainly aren’t alone. Many entrepreneurs feel a sort of “seven-year itch” where they aren’t really sure if their commitment to their company has been truly worth it; meanwhile, boredom is the silent killer of many businesses that have major potential.

Perhaps one of the biggest contributors to this phenomenon is a lack of personal and professional growth. After all, once you’ve become stuck in your ways and never take the time for self-improvement, both as an entrepreneur and person, you’re only hurting your business’ ability to grow.

So, what can you do to make your business seem a little less stale, both for the sake of your company and own life?

Strive to Innovate

While you don’t necessarily need to pin yourself as the next Steve Jobs, it never hurts to take risks and try something new. Sure, you may have steady business and profits, but that doesn’t mean you’re never allowed to switch up your products, services or marketing. Strategies such as the three-pillar model for impactful innovation are a solid starting point for coming up with fresh ideas that may very well help you break through your boredom.

innovation sign

photo/ Michael Jarmoluk via pixabay.com

Follow Influencers in Your Industry

The modern web affords us more opportunities to get closer to big-wigs in our industries than ever before. Although following your favorite companies and influencers via social media may not seem like a game-changer, their motivation and ideas can most certainly rub off on you. Likewise, platforms such as LinkedIn allow you to make contacts and network with influencers on a more professional level.

In other words, it’s important that you have mentors to look up, even if they’re in the form of a Twitter feed.

Embrace Face-to-Face Networking

There’s nothing like meeting new people to light a fire under you. Consider taking the time to travel to relevant networking events in your industry to expose yourself to fresh ideas and friendly faces. Not only can such trips remind you why you get into entrepreneurship in the first place, but also see what the top companies in your niche are up to.

Get Closer with Your Team

Successful businesses are built on strong relationships, plain and simple. The better you get to know your team and cherish them as people, the better they’ll perform. In short, don’t keep your colleagues and co-workers at arm’s length.

Whether through company retreats or creative team-building exercises, it never hurts to make that personal connection with your team to create a “family” vibe for your company. When you foster a culture where your colleagues actually want to show up for work, your business has nowhere to go but up.

Take Out Time for Yourself

If you’ve been working non-stop in pursuit of a better business over the past few years, chances are you could use a much-deserved break.

Conventional wisdom tells us that if we aren’t breaking our backs to build our business, we’re somehow doing something wrong. Cast those feelings of guilt aside and instead take some time off for the sake of yourself and your family. Whether through a short vacation or a long-term trip, taking the time to recharge your batteries is a must-do for any entrepreneur looking to avoid boredom and burnout.

You should always look at your business with the big picture in mind. If you’re feeling like you’re presently in a slump, consider how these tips can help you climb out of it and start looking toward a brighter future for your business.

Author: Carmelo Hannity

About the Author

- Outside contributors to the Dispatch are always welcome to offer their unique voices, contradictory opinions or presentation of information not included on the site.

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