Avoid these SIX MISTAKES Entrepreneurs make when they quit their job!
Ignoring the Power of Mornings
Not Creating A Work Schedule
Not Creating A Weekly Workflow
Creating Unrealistic Expectations
Not treating your brand like a business
Believing the high will last forever…
BONUS: Not Creating Multiple Streams of Income
Successful people wake up early in the morning. Wonder why? There are two simple reasons. First, It’s because theand come up with creative ideas.
If you push your ideas to the end of the day when your brain is drained, you’re more likely to just throw something together. And with your brand, we’re looking for greatness!The morning is the time to write those blogs, work on your new book, finish that next chapter, plan this weeks marketing ideas, etc etc.
Second, most people tend to sleep throughout the morning which makes it perfect for quiet time. This quiet time gives youor your three biggest tasks of the day. What time do I wake up? 5am. And this is because by 8 or 9am, I’m usually inundated with emails, texts and phone calls. At night, we’re in the studio or busy wrapping up tight deadlines.
One of the most exciting things about being an Entrepreneur is the fact that you’re free from all constraints of a nagging boss.
You get to do what you want, whenever you want to do it and decide who or what you want to be, every day. While this works for people who just want to discover who they are, it is not ideal for an Entrepreneur.
Every Entrepreneur needs some type of schedule throughout the day–especially a Creative Entrepreneur. This is something you should start working on even before you quit your job.
If you do not have a schedule, you will not be at your most optimal productivity level and you will be a huge candidate for burn out. With a schedule, you can quickly learn how to balance all of your projects as well as your personal life. (hugeeeeee bonus). Don’t waste up to a year like I did. Start Now!
Developing a schedule is just half the battle but creating a weekly workflow is the other.Whereas a schedule will help you plan out your day, a weekly workflow allows you to see your goals at a distance and understand how each task you perform every day connects together.
Before my workflow was put into place, I used to think that I would do things like record, edit and put out a Youtube video in one day and then afterwards promote those videos. That fell apart, QUICK!
The problem was that I wanted to increase my workload across the board. How could I put out 2-3 Youtube videos per week, two blog posts, post daily on social media for my brand (and clients), work in the studio (hoping to get a Grammy next year!) and complete all of the tasks needed for Lilumia.
I learned quickly that when I worked this way, I felt at the end of the day like my job was never finished. It would put me in such a yucky rut that there were days I would get nothing done towards my personal brand because I was entirely too overwhelmed. I just couldn’t turn off.
Now I record 3-4 Youtube videos in ONE DAY, every other week and specify one or two days for editing (this varies depending on my weekly workload) and I have specific days that I write blog posts and specific days that I edit those. I have one day that I schedule social media and so on & so on. But now I sleep better and my workload doesn’t seem so overbearing.
Piggy backing off of #3, it’s unrealistic to think you won’t get burned out if you work hard. While it’s that adrenaline at first that makes you think you will be superwoman and power every day until your successful, its working smart that really is the key. Not every day will be sunny. Start now researching the tools you will need to make your job easiest!
There will be days where you’re depressed, unmotivated, sick, indifferent and just plain ol’ bored.
If you have a good workflow, you will have all of these days covered for the most part and if you don’t, you will know how to prepare or deal with them much better.
This is what I see more than others. A lot of people don’t realize that their brand, their blog, their youtube , their Instagram is a business.
It’s important that every day you assess your metrics, study your analytics and keep both a daily, weekly and monthly log to really track your progress. It’s incredibly hard to measure your true growth, if you’re not looking at it from a distance. Numbers are important and it’s nearly impossible to remember metrics from 3 weeks back!
When our adrenaline and motivation is high, we tend to put up with complicated processes: half-working websites, unreliable apps, functionality issues etc.
Again, this works great when you first start your business. You’re willing to look past all the issues that are time-consuming and don’t work right. Sometimes this is obviously necessary for budget reasons, but most times, it really ends up being things we can just cut loose. Understand that when you become an Entrepreneur, you’re committing to this world for life. No seriously, ask anyone who has gone from Entrepreneur to being a 9 to 5er again.
For me, it was my unwillingness to compromise design and cool features on my site for functionality. I would always try to find a workaround that 90% of the time took too many steps worth committing to or required so much time from me, it really delayed the release of projects. As a creator, I am always obsessed with new innovative technologies. But let’s be honest, a lot of apps don’t work, a lot of plugins are buggy and a lot of cool tools have major functionality issues. Don’t hold on to this techy baggage for the sake of “cool”. Functional is always best.
For most successful self-made entrepreneurs, having various flows of income is the key to financial success. Relying on one-stream of income can be very stressful. At the end, it will feel much like a 9-to-5 job if it stops being enjoyable and you’re stuck doing it. The key to living a free life relies on financial freedom. The key to being a successful creative is to create multiple streams of income out of your creative ventures.