Building Your Money Machine

TES 005 - How to Stay Sane as an Entrepreneur


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SUMMARY:

1.     As an entrepreneur, you might get sucked into your business so much that you miss out on the other important aspects of life. If this happens, it won't be worth it – as having your own business should actually allow you to create a community, support the society and live your dreams.

2.     Make sure to take a time off every 90 days or so and do three things: Reflect, Reconnect and Rejuvenate.

  • Reflect: Take a vacation or a long weekend, and block out your work and schedule. Reflect on the things that you experienced. Think about both the good and bad experiences. As you look back, recognize and celebrate your wins. Also reflect about the missteps that could have been improved.
  • Reconnect: You are able to do great things because of the people that support you. Take your time to reconnect with those loved ones and talk to them. Also, reconnect with the purpose, mission and vision of your life; as it keeps you on track.
  • Rejuvenate: After reflecting and reconnecting, you are naturally rejuvenated. A lot of energy builds up in you and you are ready to take on the next 90 days. To make rejuvenation more meaningful, make sure to be grateful for the things that you have and that have happened to you. Be prepared, make your commitments and get ready to take on the coming days.

3.     Practical takeaways to change your life:

  • Handwrite with a pen on a card and send it to the people that matter, thanking them for being in your life.
  • Journal every ideas, the things that you've learned and the experiences that you had. Make it a weekly habit.
  • Block your time out for a retreat, 12 months in advance. Plan this ahead and mark your calendar. Plan your trip and the experiences you want to have.

____________________

ABOUT MEL ABRAHAM

Mel is the founder of Business Breakthrough Academy and Thoughtpreneur Academy where he helps entrepreneurs bring their businesses to the world and build the lifestyle that they want. Mel is one the most sought after entrepreneurial mentor and strategic thinkers of our time. Unlike many other so called “business coaches”, Mel has lived everything he teaches and continues to do so. Mel has built, bought and sold numerous multimillion-dollar businesses for himself as well as his clients. As the author of The Entrepreneur’s Solution: The Modern Millionaire’s Path to More Profit, Fans & Freedom Entrepreneur, Mel’s strategies have helped build thousands of businesses and have generated hundreds of millions o

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Building Your Money MachineBy Mel H Abraham, CPA, CVA, ASA

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