So much wasted time, money, and effort could have been avoided if I had done just one thing. Just one. Having some time to relax, think, and reflect this past Mother’s Day, I realized that entrepreneurship is one of the most exciting yet loneliest paths to take to make money and create the life you want. Mompreneur life is more lonely on a whole other level. You may have all the ambition and drive to turn your side hustle into a full-fledged business but your family competes for your time and as a mom, you naturally will put your family first and your business efforts second. Until you learn this valuable skill, you may feel that you could never focus and devote enough of your time to your business. This will slow you down in reaching your goals and it’s something I have struggled with since having my daughter. That is why this year I decided to do something I have never one before. I felt burnt to output in the maximum amount of effort and getting minimal results.
Let’s backtrack quickly to when I first got the entrepreneurial bug and before I had my daughter. I was new to the idea of working for yourself, working from home, and boss free living. The idea of financial independence and financial freedom were terms I have never heard before in my life and have never seen anyone I knew actually accomplish it. But I was so eager to try my luck in a new career path and just go for it and see what happened.
Biggest regret ever. I was eager to try my luck and just go for it. I did not have a plan. I really did not know what I was doing. All I knew was that I wanted the lifestyle that financial freedom allowed and I was going to figure it out one way or another. I should have hit pause and hired a business coach or found a mentor.
I was taught that hard work brings rewards which are true, but working smarter brings better and faster rewards and for the past few years I tried to build an at home business on my own without any help and that has been my biggest regret. In this new phase of my life, I really try not to look backward to the past. There’s no point wishing I can get back that time and do things differently. It’s long gone. All I can do now is work smarter and teach you what mistakes not to make. So do yourself a solid and work with a business mentor or hire a business coach from day one.
There are many reasons hiring a coach will save you valuable time, wasted efforts, and pain in your entrepreneurial journey.
For one, having a business coach gives you confidence in your decision to work for yourself. Confidence is key to overcoming the daily fears and doubts that will plague you as an entrepreneur. I promise you those days will come where you ask yourself “what in the world am I doing?” and “Do I have what it takes?” Having confidence will help you overcome that and keep you focused on your goals.
Secondly, having a coach will propel you faster towards your business goals than it would if you tried to do it on your own. We are social creatures naturally. We are meant to interact, socialize, and learn from others. Nowhere in the entrepreneur handbook does it say you have to do this on your own. In fact, if you listen to or read books from a successful entrepreneur they all openly share that they have and use different business mentors or coaches to help them improve themselves in specific areas. In our culture, we are afraid to ask for help. But we shouldn’t be. There are so many people out there in business that want to share their stories with you for free! Go find one!
The fastest way to accelerate your learning is to learn from someone who has already done it. Coaches will literally walk you step by step on how to get from the point you are in your business to your goal. They will lay out a plan to help you reach your goal faster. This is will keep you from wasting so much precious time making mistakes and trying to do it on your own. Yes, you will make mistakes. You need to make mistakes to learn, but a coach will help you avoid making big business mistakes that will cost you time and money. The money you can get back, but the time you cannot. You can learn so much from a mentor in a short time that would take you years to learn on your own.
Lastly, a business mentor can introduce you to other connections who can help you in the future. If you are hungry and your business mentor sees that, they will be so happy to support you and introduce you to accountants, marketing people, bloggers, etc. who can help you. The more people you are connected to, the easier it will be for you to make money.
Tips on finding a mentor:
Search social media: Follow successful people that inspire you on social media and learn from them. Watch everything they upload to their YouTube channel, read everything they share on their blog, listen to all their podcast. Stalk them, in a healthy way of course and learn from them. They are most likely giving free valuable information. If they offer a free online course, take it! If they are offering a free ebook take it. If they do a free newsletter, sign up for it.
Hire one: That same person you follow on social media because they inspire you in some way, probably also offers a paid course or a paid coaching mentorship. If you have the funds, invest in yourself in a huge way and take the course. This year I paid for a business coaching program and it has been the best action step I could have taken for my mindset and my business. I would have been repeating the past four years over again if I did not make this investment and finally decide that I cannot do this on my own and I sought help. Education is priceless. The more you know and apply what you learn the more successful you will be in your business efforts.
Look in your community: If you do not have the money to invest in hiring a coach right now, that doesn’t mean you are out of luck. You can sell stuff or pick up a side gig to quickly earn the money to invest in your business in this way. I heard that one thing entrepreneurs have to get comfortable with is opening their wallets and problem-solving. So finding the money to invest back into your business can be your first problem to solve as an entrepreneur.
If there is just no way at all you can afford a coach right now, then networking is the next best thing. Research the successful people in your city or town and reach out to them. Offer to take them out to lunch to pick their brain. It can be anyone that owns their own business. That person will have the experience to guide you. You do not have to do this alone and you do not have to do this all at once. Baby steps are just as important as giant leaps.
Now let’s recap…do not be foolish like I was and find a business mentor or coach as soon as possible. It will be the most valuable experience you will have as an entrepreneur. It will save you from wasted time, money, and effort and it will connect you to the right people to propel your business faster!
In what area in your business, could you benefit from a coach? Are you just starting out in your business or have you been in business for yourself for years? Comment below! I’d love to hear from you.
Prefer to listen to the podcast, check out my podcast The Mompreneur Project Podcast here!