Being an entrepreneur can be hard — there I’ve said it. But being an entrepreneur can be — is — rewarding. When you’re an entrepreneur, you’re not going to arrive at a destination — you will be on a journey for many years. Along the path of your journey you will have ups, downs and smooth sailing. We have tips for how to overcome business obstacles whether you’re a start-up or a long-time entrepreneur.
When you have a setback, step back and determine why, what happened and how you can address it moving forward. When you have a win, celebrate it, make note of what it was, how it happened and do more of that!
How To Overcome Business Obstacles
Here are ways entrepreneurs can overcome obstacles and learn from them.
- Acknowledge that you are facing an obstacle. It’s all right to ask for help. It is all right to admit your attempt didn’t yield the fruit you’d imagined it was going to. Process your thoughts, let yourself be angry, then learn from it and move on. Don’t allow yourself the luxury of simply wallowing in your failure — or imagined failure.
- The set back you just experienced… was it without your control or outside of it? If it was outside of your control — a supplier had an unexpected rate increase — regroup and come up with a solution. If it was within your control, you need to determine how it happened and what role you played. Write down any setback then also write down any changes you’d implemented that help you move past it.
- Who can help? Determine what the obstacle is/was and then find someone who can help. When you seek counsel from a colleague or a business coach you are moving forward and growing as a business owner.
If you find yourself getting stuck in a rut and being unable to move forward, take a day off. Take a walk, Meditate. Get out of your own head. Don’t beat yourself up — learn from the challenge and obstacles.
Drop us a line if you need assistance overcoming business obstacles.