Mindful Money: Balancing Financial Growth with Personal Wellbeing

Dec 06, 2023

In the frenetic chase of success, financial motivation is a critical component that keeps the achievement engine running smoothly. But one of the most common things I see entrepreneurs doing when starting out, is hitting the marathon of their entrepreneurial journey at a sprint pace, and feeling exhausted before they have really made any tangible progress. Endurance, discipline and persistence is key to success, just like running a marathon, but without a clear focus, steady pace, support system etc, it’s very easy to just throw in the towel. So, here are 6 helpful ways to ensure you stay motivated for long-term success, in all areas of your life. 

 

  1. Define Your Why 

A comprehensive grasp of your initial motivations for taking this road is essential to long-lasting motivation. Everyone has a reason for starting their entrepreneurial journey. Was it for you only? Who else in your life was the motivation for starting your business? You made a decision to make a change, and make a better life for yourself and others. What are your goals, and what makes them important to you? Developing a stronger sense of purpose for your financial pursuits makes your journey into a meaningful one rather than a simple sprint. Your WHY is powerful, and should be the match that fires you up to create the life you’ve always dreamed of.

 

  1. Break It Down 

If all you think about is crossing the finish line, the financial marathon may feel daunting. Divide your most ambitious objectives into more doable, smaller benchmarks. Appreciate each small victory along the way, because each milestone reached is one to be celebrated! Rome wasn’t built in a day, and you’re only human - be kinder to yourself knowing that every day you are moving one step closer to achieving that success you dreamed of, with your WHY a strong motivator to keep you on track. Keep moving forward, welcome challenges in, learn from them, grow and be better each and every day. Before you know it you’ll be a lot closer to the finish line than you every thought possible, in a much quicker timeframe and with much greater ease. Just watch.

 

  1. Embrace Flexibility 

Rigid plans can often result in frustration and burnout in the ever-changing landscape of life. Maintain your motivation by being nimble, reactive and adaptable to changes of environment and scenario. Be willing to modify your plans and objectives as necessary, and make decisions quickly. Just because there is one path to the finish line, doesn’t mean that there isn’t another. You will know deep down if something feels right or not, and intuition, logic and your gut feeling are powerful things - they must be in full alignment otherwise your journey may not feel quite right - AND THAT’S OK! Remember, challenges are to be accepted and welcomed as this gives opportunity to grow.

 

  1. Build a Support System 

A marathon is never something you do alone. But make sure you choose your support system wisely. Only people who support your growth are welcome guys! No one negative, no one that questions or criticizes your beliefs, or makes you feel in doubt of yourself are allowed (like, seriously). Once you’ve built a solid support network, you should discuss your ideas, goals and motivation with them, ask for their help when you feel you need it, and also celebrate your success with them. A strong support system not only reduces the amount of work but also gives you the inspiration and accountability needed to keep going. I have an amazing free Facebook group with growth-minded fempreneurs all working towards bettering themselves and their businesses - that’s a great place to start if you want to expand your network! You can find this on my homepage. 

 

  1. Practice Gratitude 

When chasing financial objectives, it's easy to lose sight of your present accomplishments and concentrate only on the future. Spend some time appreciating the here and now and recognizing your wins and milestones, no matter how big you consider them! Being grateful and present gives you a very powerful source of motivation because it keeps you aware of your goals and achievements, keeps you aware of your why, and it also gives you an optimistic outlook on the path ahead. 

  1. Prioritize Self-Care 

As a marathon runner puts their physical and mental health first, so too should you. Look after yourself. Your net worth will not increase if you don’t increase your self worth! Motivation can be swiftly extinguished by burnout, so do not trade time for money, run yourself into the ground and feel exhausted. Prioritize wisely, celebrate life, celebrate you. If you start to neglect yourself you will only start to become irritable, resentful and frustrated with your business. YOU have control over your business, your business does not have control over you. Recharge on a regular basis by getting enough rest, enough sleep, leading a healthy lifestyle, and doing things that make you happy. A healthy body and mind are better able to withstand the hardships of the financial marathon, than one that has been neglected.

 

Maintaining financial motivation is a journey, not a race. You can ensure that the flames burn brighter with every mile by practicing gratitude, embracing variety, staying adaptable, breaking down goals, defining your why, prioritizing self-care, and remaining flexible. Put on your inspirational running shoes and set out on the path to long-term financial success.

 

Remember, you deserve to be wildly wealthy, in business and in life.

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