When it comes to business lessons and advice, you can find tons of information out there from big businesses, thought leaders and entrepreneurs from all walks of life.
Some are pretty obvious, for example, focus on revenue generating activities, build a great team, know your audience, master your mindset, value your time and so on.
However, there are a few business lessons that I’ve learned that I don’t see many people talking about.
Here are five unconventional business lessons every entrepreneur must learn:
LESSON 1: Take care of yourself, first.
When you’re running a business, it’s too easy to prioritize all things business and neglect your health. When I couldn’t figure out why I was feeling mentally foggy, abnormally tired and lackluster, I reluctantly made a doctors appointment.
To my surprise, I let an ear infection (in both ears!) go undetected for over three months. Not only did my health suffer, but looking back, my productivity suffered too.
You might see the time spent in a doctor’s office as time you could be working, but as an entrepreneur the last thing you want is to get sick and lose your momentum.
Your health might not always seem urgent, but it’s important. If you make it a practice to maintain and prioritize your health, you’ll prevent it from becoming something that then becomes urgent, further throwing you off your game.
LESSON 2: Vision creates clarity.
There’s so many decisions that need to be made in business on top of LIFE decisions. Yeah, it can all get overwhelming. But you want to know what’s kept me from going insane? I maintain a crystal clear business and lifestyle vision.
There was a time when I lacked clarity in just about every area of my business. I didn’t know who I wanted to be, what type of product I wanted to create, or who I wanted to serve.
If you’re indecisive and find it difficult to make quick decisions, it’s time to go back to the drawing board. You need to have your end goal in mind. What impact are you trying to make? How do you want to live?
Once you’re clear on what you want in business and life, let that vision guide your decision-making. With a clear vision acting as a guide, how could you possibly make the wrong decision. It’s the best thing you can do to make sure you’re living in alignment with what you truly want.
LESSON 3: Perfection is the enemy of progress.
As an ambitious entrepreneur with extremely high standards, this is the most difficult one to learn. I’ve struggled with this for as far back as I can remember. I’m ashamed that it took me so long to finish things that turned out to be pivotal in my business.
For example, creating a solid business plan (which I won an award for—yes I’m bragging), launching my website back in 2014, creating my first online program, and even producing BLOOM TV.
You have to know when you’ve reached that happy place where good is good enough. But that doesn’t mean you put out crap—just do the best you can with what you have and always remember, done is better than perfect. Someone wise (whose name escapes me at the moment) once said….If you look back and you’re not embarrassed at what you created, you probably waited too long to put it out there.
LESSON 4: Creativity is crucial.
When I first started my business I had so much pure inspiration, genuine optimism, and creativity flowing it was unbelievable! Fast forward three years, I found myself distracted and caught up into other people’s business blueprints and cookie–cutter strategies for how to create a booming business.
I was creatively starved thinking that I had to follow someone’s “7 Step Success Formula” to be successful. I had lost my lust for life and the feeling that inspired me to be an entrepreneur in the first place.
I say that to say this:
Your creativity is the lifeline of your business! Lose your creativity and you’ve lost your edge to grow personally and innovate your industry.
In business you must use your creativity to position yourself, market to your audience effectively, create amazing products, and build a brand that stands out in a crowded market. When you stop looking at what everyone else is doing and tap into your creativity, you start playing a different game!
LESSON 5: Network with people outside your industry.
I’m sure you hear a lot of people talking about the value of networking and at this point it’s starting to look like that funny meme from last year that everyone’s seen a 1000 times. We all get it. However, if you find yourself running up against the same problems in your business it may be time to look outside your industry for new insights.
A few years back, I found myself stuck in a vicious cycle. I was struggling with new marketing challenges, and when I looked around people in my industry were having the same problems.
To make things worse, we were all in the same Facebook groups, attending the same events, and learning from the same marketing gurus who were also having the same problems! BAD JOB.
It wasn’t until I started networking with people outside my industry did I start to see the trees from the forest. Some of my brightest ideas have come from meeting people who were building businesses in completely different industries.
Networking with people outside your industry brings an elevated level of diversity, insights and wisdom. When you’re looking for new ways to innovate, step out your industry bubble for inspiration. Trust me, you’ll thank me later!
Apply any one of these lessons and I promise it’ll change the course of your business forever. Guaranteed!