Murry Englard CPA — How to Stay Focused as an Entrepreneur
The word entrepreneur has different definitions. For some, an entrepreneur is anyone capable of running a business. For others, it’s someone who builds a business from the ground intending to make an income. It’s hard for entrepreneurs to focus on entrepreneurship since most are distracted by other projects. Being focused helps the business grow. Below is a list of tips to help entrepreneurs stay focused:
Is there enough capital?
When starting a business, consider the amount of money needed to start and run the business. Beginners should be positive about money and let the idea stick on their minds whenever they develop new strategies. By doing so, they will stay focused and hopeful for a better future.
Don’t multitask
Multitasking is a problem people can’t avoid, and it also applies to business owners. For entrepreneurs, multitasking means they won’t focus on one project but in a couple. Multitasking is a bad habit that could lead to low productivity. Therefore they should focus on one project at a time. They could choose to come up with a time table to help them stay focused.
Take time to rest
All work and no play can stress anyone out. Entrepreneurs tend to fall into the all work category. They need rest to help them stay productive. Whenever they feel the business isn’t going as planned, it’s essential to rest, rethink decisions, and develop new strategies.
Take advantage of early mornings
Research shows people are more productive in the morning; therefore, for entrepreneurs to succeed, this could be the first step. It could be hard at first, but practice makes perfect. Therefore, entrepreneurs should take advantage of the early hours of the day to make their decisions.
Final Thoughts
Start-up entrepreneurs tend to make the same mistakes in their businesses. They shouldn’t hate themselves for these mistakes since even the most successful business owners made mistakes. Above are some tips they could use in their daily activities to help them stay focused.
About the Author
Murry Englard is an experienced and talented CPA based in Valley Stream, NY. As an entrepreneur he is a managing partner and founder of Englard CPA, P.C. His firm has a diverse clientele and helps them in a wide variety of areas including, financial planning, estate and succession planning, forensic accounting, interim acting as the Chief Financial Officer for publicly held corporations, business valuations for professional practices, representation at tax audits and appeals, and expert witness testimony.
