In this episode of The Business BFF Podcast, host Emma Bowdler, founder of The Women's Accountant, explores how to reignite your passion for your business or recognise when it's time to move on.
Key Takeaways
Rediscover Your "Why": Reflect on your initial motivations for starting your business. Reconnecting with your original purpose can reignite your enthusiasm.
Set New Goals: Establish ambitious, achievable goals that align with your professional and personal aspirations. This could involve launching new products, expanding into new markets, or simply reducing your workload.
Streamline Operations: Automate tasks and delegate responsibilities to free up time and reduce stress. Identify and outsource non-essential activities so you can focus on what you enjoy most.
Celebrate Your Wins: Acknowledge and celebrate your accomplishments, both big and small. This could involve creating a wins board or sharing your successes with a supportive network.
Professional Development: Invest in your professional development. It doesn’t have to be formal or expensive but focus on something to reignite your passion for your business.
Consider Exiting Strategically: Recognise that exiting your business is not a failure but a potential opportunity. If you feel burnt out or misaligned, explore strategic exit options, such as selling your business or transitioning your role.
Timings:
00:00 Introduction
00:58 Rediscover Your "Why"
02:06 Set New Goals
03:08 Streamline Operations
05:13 Celebrate Your Wins
07:29 Professional Development
08:19 Consider Exiting Strategically
13:25 Conclusion