When it comes to running a successful business, mindset is everything.
Too often in business, we can easily find ourselves second-guessing every little decision, battling the fear of failure, imposter syndrome, teetering on the verge of burnout, and the list goes on. I’ve learned very early on that it’s how you train your mindset and react in your business that can set you up for success.
By the age of 24, I soared up the corporate ladder as a Corporate Sales Executive, and I found myself managing over $700,000,000 cumulatively. Today, as the Founder and CEO of The JW Method and JW Consulting Inc. as a Chief Success Officer, Success Coach, and Sales Consultant, I’ve developed a unique approach that balances wellness, mindset, and success to help thousands of women unapologetically shatter the glass ceiling.
Let’s take a look at some tips and tricks that’ll not only strengthen your mindset but your bottom line, too.
Tip 1: Root Your Decisions In Logic
As business owners, we tend to wear many hats (especially in the growing and scaling stages). Being involved in so many different areas of our business can make it difficult for us to separate our emotions, especially when faced with big decisions.
I get it. Your business is your baby! It’s only natural to feel that type of pull and connection, but once you’re able to approach your business with logic and understanding, it’s going to make those big decisions come and go with ease.
Some may think that growing a million-dollar business comes with a super complex, nitty-gritty model. But I’m here to tell you that running the business you always dreamed of building does NOT have to be complicated. It can be straightforward. This starts with focusing on profitability, feasibility, and viability. Once you do that, you’ll be able to scale your business with simplicity.
Emotions aside, it’s vital for you to approach problems and different situations logically and strategically. Start by understanding your core values. What do you, as the founder, value in how you conduct business? Getting crystal clear on your beliefs and how you want to approach your business will help you welcome upcoming situations with ease and logic. That way, when there is a problem that needs to be solved, you can react with a simple yet innovative way to solve it.
Tip 2: Separate Business & Pleasure
I genuinely believe that finding balance is power. When it comes to scaling your business, it might feel like a good idea to work until that to-do list is done, but I’m telling you now that when you’re all work and no play, there will come a time (maybe not today or tomorrow) when you’ve reached your wit’s end, and you can’t go any further. There’s no point in working to complete and utter exhaustion to shatter the glass ceiling when you have nothing to give once you’re up there. Eventually, this will lead to a decline in your business and the fall of your empire. I don’t want that for anyone.
That’s why finding a unique balance between work and play is crucial to growing a business with longevity. It’s ok to be selfish with your time and energy.
You can do this by establishing clear boundaries and non-negotiables. I believe setting boundaries is a form of self-respect and self-worth. Boundaries can include anything from setting working hours to allocating specific timeframes (or even days!) where you take calls or communicate with your clients. Now, when it comes to playing and incorporating wellness into your day-to-day, set time aside when you can completely shut off from work and do something that makes you tap into your high-vibe energy and feel good. Is it moving for 20-minutes a day, taking a long hot shower? How about going for a walk outside or having a dedicated date night with your partner each week?
There’s no right or wrong answer here. Find what works for you and stick with it. Just remember, the time you’re able to spend away from your business is just as important as the time you spend in your business.
Tip 3: Invest In Yourself
To achieve success in your business, you must be willing to invest in yourself.
You already took the first step by taking a chance on yourself and starting your own business, but there will be countless opportunities that will come up for you to take a risk in your business that will genuinely help bring it to the next level.
We’ve all heard the phrase “high risk = high reward,” but what does that really mean?
When you’re building a business, it’s easy to want to do it all. I quickly learned that I couldn’t possibly be or do everything if I wanted to build a million-dollar business. I learned that there are areas in my business where it’d be more beneficial for me to call in the troops to see the results I was seeking. This type of shift allowed me to invest in a support system that could elevate my business and my life. I invested tens of thousands of dollars and built a support system I didn’t have.
Once I got past the fear of investing and taking the risk, I leaned into what would come next if I truly gave it my all: million-dollar business results. I look at these risks as investments, not as expenses, because the ROI on them is where your next-level business begins to take shape.
I know firsthand of the fears that come up when it comes to investing in yourself. I don’t hide anything around here. Right now, I have a full-time job that consists of investing in myself on top of managing my own business. On top of juggling everything else, I’m working on getting my E-2 Visa for U.S. immigration, which consists of spending several hours a week talking to and compiling information for accountants, lawyers, and the U.S. Consulate. I ended up investing over $100,000 into my business in 2021 to qualify for my U.S. Visa.
Would I do it all again to get to where I am today? Yes!
I challenge you to ask yourself what’s better: taking the risk or being complacent?
Tip 4: Be Consistent In Your Routine
One of the best ways to optimize your day? It all starts at the beginning with a morning routine.
I believe having a consistent routine is everything to building a successful career. The key here is consistency. So establishing a way that works for you and sticking to it is key.
I use the sum of 1% (The 1% Daily Optimization and Task Achievement) that brings me closer to my goals in my daily routine. If this 1% is done consistently, this will genuinely welcome exceptional results. For me, this routine looks a little something like this:
- Set Annual, Quarterly, Monthly, Weekly & Daily Goals
- Instill a World-Class Morning Routine
- Complete Mindset Work for Mental Strength
- Learn Something New (reading, podcasts, etc.)
- Monitor Wellness Markers (8 hrs of sleep, drinking 4L of water daily, 4-5 workouts per week & eating healthy)
- Implement Technology Breaks
- Move & Take Walks Outside
You might think I’m a little intense when it comes to my routine, but it’s all for good reason. It REALLY works!
And there you have it. These tactics focused on your million-dollar mindset will not only shape your business for a successful path forward but you as a business owner, too. Whether you’re just beginning to build the business of your dreams or you’ve been at it for some time, it’s the small changes you’re willing to take today that can change everything after that.
Mastering that million-dollar mindset can also be just as powerful with a bit of strategy along the way. My JW Method Financial Blueprint of The Million Dollar Woman is complete with 11 spreadsheets, process, and roadmap that will give you the financial confidence to become a Million Dollar Woman.—snag the blueprint here.