This is an excerpt from my interview with Ben Ivey, CEO of The Entrepreneur Lifestyle.
Ben shares the 5 keys to entrepreneurial success.
1. The Daily Power – This step puts you in the right state to do your business. It includes a few elements:
a. Gratitude – Being grateful for what you have.
b. Visualization – Having a vision of what do you want to create.
c. Conditioning your identity – Being the person today what you want to become. Focusing on the present to influence your future results
2. Business Boundaries – Beware of "The Hustle”
Stop to take a breath,enjoy the process, and become more creative. The “hustle” mentality can cost you important opportunities.
3. Core 7 – Identify the core 7 things to do in your business and outsource the rest to help you focus on growing your business.
Eventually, scale those 7 back. Choose to work in your business vs. having to work in your business.
4. Lifestyle principles
What lifestyle do you want to follow when you are building your business. e.g. Exercise, Relationships, or time for yourself. Establish this to have the balance to recharge consistently and avoid resenting the business.
5. Weekly Evaluation
This is the best way to consistently stay on track. It is a series of questions asked on weekly basis to see if you are on track in certain areas of your life. It helps you assess if you have kept balance on lifestyle principles. It acts as a constant reminder of what is important to you to move forward sustainably.
Are you doing these things to prevent burnout?
Listen to the full episode here.
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