How are you staying motivated in your life and business?
Life is like a rollercoaster, with lots of ups and downs. The truth is it's not always easy to stay motivated when you own your own business. Both life and running a business can be challenging and messy.
One of my oldest friends has told me for years, she’s in awe of how motivated I am and my dedication to being my own boss. We've had many conversations with her stating she couldn't leave her stable corporate career to be an entrepreneur like me. She stated how much she admired my self-motivated and perseverance. Some days I wonder if it would be better to be in her shoes.
Over the years when we are together this topic has come up in one fashion or another. Often the conversation ends with us acknowledging how different we are and how much we need each other to stay motivated in our lives. We help each other and we share tools that we've learned along the way.
Knowledge Is Power
Learning is a powerful motivator. When you can apply one thing you've learned can act as a spark to keep motivating you to do more. Learn a new tool or strategy whether it's personal or professional. Apply what you've learned and continue seeking knowledge.
The Motivation Matrix
Here are 13 statements that represent the range of motivations that excited entrepreneurs and non-entrepreneurs alike. Developed by Noam Wasserman, associated professor at Harvard Business School. These key factors from his book “The Founder’s Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink A Startup” should help you think about what motivates you!
The Motivation Matrix:
Affiliation: A setting that provides a sense of belonging and colleagues I enjoy.
Altruism: Satisfaction from helping others with their concerns.
Autonomy: Find supervision very difficult to live with and want to make my own decisions.
Financial Gain: Expectation of exceptional monetary rewards.
Intellectual Challenge: Work that pushes to solve problems or master new skills.
Lifestyle: Time and flexibility to enjoy family and leisure activities outside the office.
Managing People: Responsibility for and to direct employees.
Positioning: Value the experiences, people, and opportunities that put me in a position for my next move.
Power & Influence: Make an important decision that affects everything from policy to people.
Prestige: Desire high recognition and respect.
Recognition: Opportunity to win praise, often in an environment where hard work is appreciated.
Security: Value predictable income, benefits and future employment.
Variety: Desire a mix of tasks required by my job and activities found enjoyable.
Think about which of these fit and feels most like you.
As a busy small business owner, Altruism is probably a motivation factor for you. Think of it as a motivation reminder!
After you reviewed all the matrix statements, select your top three other motivations, that personally align with you.
Remember Why You Started
When looking deeper at what motivates you, you’ll become more in tune with what drives you in your business and life. It will become more clear what inspires and motivates you in all you do. Take a few minutes to define this.
“Keeping one’s attitude positive, especially when the world conspires to make us mad, is one of the great accomplishments of life.” ― Brendon Burchard, The Motivation Manifesto
Take Postive, Meaningful Action
In his book “Motivation Manifesto” Brendon Burchard states to “take positive, meaningful action.”
Having your motivation statements will help you get clear and you'll understand what drive you. When you combine what motivates you with positivity and purpose, you have a perfect recipe for success in all you do!
Once you have clear insights on how you want to show up in your life, you can align in your career in a way that fits your lifestyle.
I hope the motivation information has motivated you to take action!