Whether your small business is a young startup or an established company, one thing is almost certain, at some point your business is likely to hit a plateau. The startup world is filled with stories of businesses that launched successfully but couldn’t sustain long-term growth. The question then becomes, what does it take to stay motivated and push your business to the next level? Small business expert, author, and consultant, Cory Mosley is here to tell us.
Often times, small business owners find that after a few years of steady growth, their business has plateaued or hit a proverbial wall. Small business expert, Cory Mosley, tells us that entrepreneurs need to be in a constant state of re-invention if they are to re-energize their business. “Adapt at the speed of change”, Cory says. So many times, we become complacent with our business and adopt a ‘set it and forget it’ mentality. To spark motivation back in your business, use CAPI:
- Celebrate wins
- Assess what you could do better
- Plan for the future
- Implement the plan
In order to stay motivated, Cory says entrepreneurs need grit, perseverance, and resilience. It’s all about controlling your mindset. The small day-to-day wins give us the mental fuel to tackle our larger goals. If you need help, don’t be afraid to strike up partnerships that can re-invigorate your entrepreneurial spirit.
If you find that your mental toughness is struggling at the moment, or you feel burned out, sometimes you need to step back and take a mental break. Instead of running straight ahead into the fire, recharge and reset. You’ll thank yourself in the long run.
For more entrepreneurial advice and insight from Cory, check out Startup Central, right here on myasbn.com.
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