In this article you are going to learn how you can increase your entrepreneur salary while having more free quality time, applying several easy to follow business & life strategies.
Entrepreneurs & business owners, we tend to turn into workaholics because of our passion for our business, idea or dream. This is something usual in the business world and most of the people tend to think it is normal (I can still remember how many years in a row I worked from morning till midnight cause I thought that this was productive…)
Even worse, this workaholic mania makes us detach from our families, our friends, the things we like to do or even turn to several known additives like increased amounts of coffee, vitamins, pills, etc, to remain productive.
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If you feel you have been in this loop, for some time now, don’t worry! You are not alone… Most of us, entrepreneurs, have been in your place, BUT there is a way out and it is easier than you think. Even better, you can even increase your entrepreneur salary applying these 8 suggestions I’m going to describe below.
Let’s start…Shall we?
How you can increase your entrepreneur salary while having more quality free time
1. Focus on the best activities you love doing and delegate the rest at your team (outsource)
Yup, I know it’s hard to trust others with your dream, your business, but if you want to become more productive and take advantage of your time more wisely, you will need to delegate or outsource things you don’t like to do.
Imagine investing 80% or even 90% of your time daily, doing things you love doing. How much more productive and pleasant would this be for you and the people surrounding you? Following this counterintuitive rule will help your business grow up even faster because you will be focused on doing what you really love doing at the same period of time.
2. Change your management system into a new one that is simple and easy to use
Through my experience, I’ve seen and worked with many entrepreneurs which they are using ancient management systems that only cause problems, are not flexible or demand tons of working hours to complete a simple process that newer more modern systems can do with a click of a button. This can also apply to the way you manage your workforce daily.
If you have the feeling that something should work easier and be more flexible it’s because it should…and investing some time and money at this direction will only make your life easier and free up a lot of wasted time for you to attend more important matters. Imagine having a team that can manage your business even better than you can and they are eager to do it.
3. Organize your time in a way that you are continuously productive and profitable
One of the most important things you need to realize to increase your entrepreneur salary and high quality free time is TIME. The time you have daily is the same for everyone and it is finite. If you manage to get control of your time, then you can use it as an important tool to increase your productivity and the results in every area of your life.
The results of managing to organize your time are well worth it! Imagine been able to consistently create better results for your business, having increased quality time with your loved ones or obtaining more days for holidays and rejuvenation away from work. As an addition you will be able to catch new opportunities to grow your business and live a happy life, been aware that your business is prospering while you are absent.
4. Add totally FREE days, without business interaction in your weekly schedule
Maybe you are already good at taking free time off your business but the great percentage of entrepreneurs, we tend to become workaholics and ignore everything else around us when it comes to growing our business. I know several people (included me in the past) which they didn’t have a proper day off from work-related thinking and activities for years.
As much as you love your business, you will love it more when you love your life more. Makes sense right? Taking some time off to explore new activities and new things to do like going hiking with your children or surfing at the beach, will only make you a better person and your family will love you more for being there. And while you are away your team learns to develop more confidence and strengths that helps them grow your business.
5. Multiply your best customers transforming your sales process, thus increasing your entrepreneur salary
Once you fully grasp what you love to do more daily then the question becomes, “Who will pay me to do this?” Following the 80/20 Pareto principle, your biggest and better clients are always willing to pay you for even better solutions. So what you have to do to increase your entrepreneur salary is to focus and create these solutions for them. And I say focus because you will need to avoid getting overwhelmed by many opportunities.
Now, imagine creating and packaging a “dream solution” for your target audience, matching your skills with the areas they most need them to obtain new solutions and better results. Once you’ve identified the people you love working with and where the best opportunities can be found then it’s really easy to focus and grow your business exponentially.
6. Turn your marketing into an experience that provides a unique solution
The ideal example here is that you have a deep knowledge and understanding of your customers and prospects. You know exactly what they want, why they stay up late at night, what excites them and what they is it they would go very far to obtain in their life. Now what you have to do is, combine this knowledge with what you like to do best and create a “dream solution” that your customers and prospects love to buy from you, while your competition cannot replicate it.
This is what we define as the essence of true entrepreneurship. It is what takes you out of the norm in your industry and elevates you to a higher place in terms of what others are doing. In the process you will learn to present and package your ideas better so that they sell for you in the market.
7. Hire A’ Class players. They will be curious, responsive and resourceful
When you are trying to grow your business and increase your entrepreneur salary there is no space for employees which are dragging you and your business down. Aim to hire curious, responsive and resourceful people who align with your vision and have talent for their role.
They will contribute a lot more in your business than people with a standard employee mentality which they might be talented but they are not fully engaged with your business vision and dream. Set this hiring qualities are your standard and you will see a dramatic change in your business environment and results.
8. Maximize your healthy choices and as a result your productive career
Now this is a no-brainer if you ask me. Eating junk food and drinking alcohol daily will only decrease your productive time and can eventually lead you to the hospital. What you will have to do is improve your healthy choices in life and imagine yourself at “retirement age”, whatever this means for you.
Imagine you are at your peak level regarding health, relationships, activities, business contribution and you love what you are doing more & more. When you discover the ability to focus and increase a specific part of your life then you’ll discover tons of new things to do that will make you love your entrepreneurial life for decades to come.
Increasing your entrepreneur salary and quality free time is only a choice away
Just by reading these 8 suggestions, you’ve gained a new idea of thinking about your business and your future. Now you know how to increase your entrepreneur salary and improve your high quality time by applying these suggestions. But any good idea or thought remains there if you don’t take action and start doing it.
It’s your time to start taking action…Signing off