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E-Myth – “Why most small businesses don’t work & what to do about it”

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Edmonton Business Coach | Our Long Days Necessary For Entrepreneurs


Many entrepreneurs do not realize when they first get into business ownership how important it is for them to work long hours ongoing their business according to Edmonton business coach. Many people who become entrepreneurs are doing so to improve their work-life balance, often thinking that if they own their own business they will be able to set their schedule and work less. However, the most successful business owners work an average of 80 hours in their business every single week, because it is extremely important to put time towards building a new business. Gary Keller is the author of the book one thing had this to say about time, ìtime task, over time, eventually beats talent every time.î

No matter how many efficiencies a business owner can create, nothing is going to replace the hard work that they need to put in to grow their business. Not only does a business owner have to leverage their time to get all of the strategic priorities of the business accomplished, but also everything that happens in business at least with the first while falls onto the business ownerís shoulders because nobody else can do it for them. Developing and refining their product, marketing their business, building their team, and developing processes and systems to make their work duplicatable, and scalable.

One of the most difficult things of working so hard on building a business is staying motivated to stay on task. One of the first things that a business owner can think of to help them stay motivated during these long days, is the have to be passionate about what they are doing. Edmonton business coach says if someone does what they love, it feels like they have never worked a day in their life. The passion that the business owner has for what they do, will help motivate them to get through extremely long days, which were difficult situations. The passion means that a business owner will not have to develop discipline, because you want to work hard because they love what they do.

It is also extremely important for business owners to stay motivated by keeping all of their important long-term goals in mind. Working towards the goal of financial freedom, or being able to work shortens business hours can help an entrepreneur be motivated to continue work the long hours. Edmonton business coach says that it is not necessarily enough just to focus on those large goals, because those goals are often so far away, that when the going gets tough, they can be motivational. In times like this, business owners need to realize that by recognizing the results of their hard work can itself be motivating. Business owners can get into the habit of celebrating the small accomplishments in their every day, which can help them create the motivation they need to get through tough days. Whether it is small accomplishments like giving one more Google review, completing a sales call, or getting a lead, every accomplishment can be a reason to celebrate.

If there is one piece of advice for entrepreneurs from Edmonton business coach, it would be for business owners to be prepared to work 80 hours a week. Many entrepreneurs tend to underestimate exactly how much time and effort it is going to take to grow their business. As the author of the one thing, Gary Keller has said about time is that time on that task, over time, eventually beats talent every time ì business owners need to put the right amount of time into building their business because businesses that do not may end up not succeeding. The success percentages for business owners in Canada is at 50%. According to industry Canada, 15% of businesses fail within their first year, 30% fail by their 2nd year, and 50% fail by year 5. With so many businesses failing, entrepreneurs need to increase their odds every way that they can, and they can do it is by ensuring that they are going to work 80 hours in a week.

Although working 80 hours a week is tough, even for business owners, there are a lot of things that they can do that can help get through very long days and very long weeks of business ownership. One of the most important things that business owners can do is ensure that the time that they are spending away from work is meaningful, and is spent doing only the most important things. Edmonton business coach says that by focusing on the important things can help entrepreneurs feel restored and arrested enough to get to work the next day to continue working on their business. This may mean cutting out on important things so that they can focus on truly what is most important.

Another tip that can help entrepreneurs put in the long hours that is needed to grow a successful business according to Edmonton’s business coach, is that unplugging is often way more important than working fewer hours. The time spent plugged into electronic devices whether they are tablets, cell phones, for computers, is that electronic time is not Festival and restorative time. Especially if they are going to spend time with their family and friends, doing so while being plugged in and at the same time means that a business owner is not present and in the moment. By unplugging their life, devices can help business owners ensure that their time away from work is restful and meaningful.

Not only is unplugging giving entrepreneurs meaningful time away from work, but it also means that business owners can sure business tasks do not start sneaking their way into the business ownerís personal life says Edmonton business coach. When they are on their phone or their computer, they may be tempted to check email or answer quick phone calls.