You are your own worst enemy. The thoughts you think and the mindsets you cultivate on one hand can motivate you to greater potential. At other times, they destroy what little self-esteem and confidence you may have had.
Controlling your thoughts takes a lifetime to master but the first step is recognizing which thoughts aren’t helping you. If you allow yourself to continue indulging in negative thoughts, pretty soon they will have a negative impact on the things you care about the most. For you as an online business owner, your thoughts may make or break your brand’s success.
Stop Negative Thoughts
Successful blogger and online entrepreneur Michael Hyatt says, “When things are stacked against us, it’s the right mindset that makes all the difference.” You need that positive thinking when your business is crumbling. Sometimes it’s all you need to pull yourself up again.
Are you guilty of harboring some of these 7 thoughts? Acknowledge that these thoughts are self-destructive, to you and your business. Then begin thinking differently little by little.
“I don’t have to impress anyone. I’m my own boss.”
You, like many online entrepreneurs, probably love being your own boss. Who doesn’t crave freedom from workplace pressures? But just because you have that freedom doesn’t mean that you are exempt from exerting more effort to get things done.
The nice thing about having a boss is that they push us. We put in more effort if we know our boss is watching. When you are your own boss, though, you have to be willing to push yourself. Your online business will not grow if you don’t put in the effort to get there.
If you think that running your online business will require less work than you put in at your full-time job, think again. Even sites that generate passive income still require a lot of diligence and time to get running. Work hard like you had to do when you worked under someone else, and then work even harder.
“There’s not enough time.”
The amount of time you have never changes. Whether you still work your 9-to-5 job or have been self-employed for a while, the time allotted to you is the same. What you have to decide is how you will use that time to your advantage.
Let’s say you are still working at your day job. The time you spend there could actually be a benefit to your side hustle. There are certain skills you can acquire (plus a consistent paycheck) while you work that will only help you and your business. Time there could be well spent, if you allow it be.
When time eludes you still, focus on the essentials first. Some days, all you can get done are your top priorities. But that’s alright. Concentrate your efforts on the most important tasks first and everything else will fall into place.
Think differently about your time. Each moment is a gift to you, and a chance to work towards financial independence. You don’t need more time, you just need to use the time you have well.
“This is my business.”
Your online business isn’t just about you. It may be your brainchild, but the more selfish you are about it, the more it can struggle. Not letting in outside help or experience may be beneficial in some situations. Yet in others, it weakens what your business might have been.
This selfish sort of thinking puts a heavy burden on entrepreneurs. They refuse to reach out to others for help because they think that they need to succeed on their own. But the truth is you can’t do this alone, and you shouldn’t.
Steve Jobs said, “Great things in business are never done by one person. They’re done by a team of people.” So let those people in to help you! If you’re not a tech genius, find someone who is. If your social media management skills are not up to par, find someone who does have that skillset.
YOUR WEAKNESSES AND SHORTCOMINGS DON’T DEFINE YOUR SUCCESS. BUT THEY WILL IF YOU DENY OTHERS THE CHANCE TO HELP YOU WITH THEM.
No. Stop. You can’t sit wishing for things to change. Allowing yourself to be a victim to your situation is you giving up your freedom to act. And it’s that action that makes change possible. If you give that up, you will remain exactly where you are right now.
Take responsibility for what does or doesn’t happen to you, then change your life to be what you want it to be. Stop with the excuses. They cripple you more than many of the other destructive mindsets. Be honest with yourself about what needs to change and then do it.
To change this wishful thinking, avoid comparisons. Comparing your business to another competitor can help to a degree. You evaluate where you can improve and see changes to make that you might not have noticed before. But comparison can quickly spiral out of control if left unchecked. They will leave you discouraged about the progress you’re making because it doesn’t amount to what someone else is doing. Do what you can with what you have.
“It’s all or nothing.”
Giving yourself an extreme ultimatum limits what you can do. For instance, saying you will only keep pursuing your online business if you make $10,000 in the first month of launching restricts yourself if you don’t make that much that quickly.
When you start thinking, “This isn’t working,” maybe you just haven’t found the right approach yet. Don’t quit before you make a difference, but also don’t think you have to make a huge difference before you can call yourself successful.
Success comes little by little. It isn’t a “one and done” event. Set reasonable goals that improve your progress gradually. Then don’t retreat if they don’t work out right away.
“I need this to work now.”
This mindset is all too easy to adopt when your financial freedom is further down the road than you would like. In extreme circumstances, online entrepreneurs give everything to make their business work. And when it doesn’t,
Your first online business may fail. The second might, too. But does that mean you should give up completely?
Be patient when starting a business. Take the necessary steps to line your brand up for success, but don’t expect the end result right away.
Also, be careful of putting all your eggs into one basket before you’re sure that the basket is a good fit for you. Online businesses can give you financial stability and a high income, but they don’t always. Understand what you are getting into before you jump headfirst.
“I’m not good enough.”
Beware of this mindset. 9 times out of 10, this thought isn’t even true. But it sure feels true. Before you create a false perception of yourself, look at what good you are doing.
When you doubt your ability to run a business, look at what it took to start your business in the first place. You may have never felt prepared for what starting a business entailed, but you did it anyway. That’s how you should face every challenge. Not with thoughts of defeat or discouragement, but a determination to try despite the odds.
You are good enough. Stop saying, “I can’t,” and start thinking, “I will.” Celebrate the ways you are good enough and the strengths you bring to the table. Taking the time to see the good in you will empower you to do even more good ahead.
What you think determines how you act. So don’t cripple yourself with negative or harmful thoughts. Give way instead for the thoughts that will change your life for the better.