Regain Your Sense of Freedom as a Business Owner

Kristian Livolsi
January 30, 2024

How to Regain Your Sense of Freedom as a Business Owner

Are you feeling like a failure as a business owner because you see your peers working for someone else and earning double what you do while enjoying more freedom?

If so, you’re not alone.

Many business owners experience these feelings of inadequacy and doubt, especially when they see others who appear to have it all.

However, it’s important to remember that everyone’s journey is different, and comparison is not helpful. Instead, it’s time to refocus your mindset and recommit to the goals and reasons you started your business in the first place.

Here are some tips to help you regain your sense of freedom as a business owner:

Reframe Your Definition of Success

One of the biggest challenges of being an entrepreneur/business owner is the constant comparison to others. It can be demotivating to see peers earning more money or seeming to have more success in their business ventures. But it’s important to remember that everyone has their own unique journey and priorities.

Rather than measuring your success against others, it’s important to set your own standards of success based on what’s important to you. This means taking the time to identify your personal and professional values, and using those as a guide for your business decisions.

For example, if work-life balance is important to you, you may prioritise flexible work hours or time off to spend with family and friends. If you want to make a positive impact on your community, you may choose to partner with local organisations or donate a portion of your profits to charity.

By setting your own standards of success, you can create a business that aligns with your values and provides the freedom and fulfilment you desire. Remember, success is not just about financial gain or external recognition, but about achieving personal fulfilment and happiness in your work and life.

Assess Your Business Model

Assessing your business model is a crucial step in achieving the freedom you desire while still earning a comfortable income. One way to do this is by identifying areas where you can increase revenue without sacrificing your time and freedom. This may involve outsourcing certain tasks or adjusting your pricing strategy.

Outsourcing can help you free up your time and focus on the core aspects of your business that you enjoy and are most skilled at. Consider hiring freelancers or virtual assistants to handle tasks like administrative work, social media management, or customer service. This can allow you to spend more time on business development and growth strategies.

Adjusting your pricing strategy can also be a powerful way to increase your revenue without sacrificing your freedom. Consider increasing your prices or creating premium packages that offer additional value to your clients. This can help you attract higher-paying clients and increase your overall revenue, while still allowing you to maintain your work-life balance.

It’s important to remember that there is no one-size-fits-all solution when it comes to assessing your business model. Every business is unique, and what works for one may not work for another. That’s why it’s important to carefully evaluate your options and experiment with different strategies until you find the one that works best for you and your business.

Prioritise Self-Care

Prioritising self-care is essential for maintaining good mental and physical health, especially when running a business. The demands of entrepreneurship/business ownership can be overwhelming, and it’s easy to fall into a cycle of working long hours without taking time for self-care. However, neglecting self-care can lead to burnout, which can have serious consequences for both your personal life and your business.

To prioritise self-care, it’s important to make time for activities that promote relaxation and stress relief. This could be anything from yoga or meditation to spending time outdoors or engaging in a hobby you enjoy. It’s also important to make sure you’re taking care of your physical health by eating well, getting enough sleep, and staying active.

Making time for self-care may feel like a luxury when you’re running a business, but it’s actually a necessity. Prioritising your own well-being will help you stay energised, focused, and productive, which will ultimately benefit your business in the long run.

Check out my podcast on this very topic: How to Avoid Burnout and Take Back Control

Surround Yourself with Supportive People

Starting and running a business can be a lonely and isolating experience, particularly if you don’t have people in your life who understand what you’re going through. This is why it’s essential to surround yourself with supportive people who can offer you encouragement, advice, and accountability.

Consider joining a mastermind group or networking organisation, attending business conferences or workshops, or even just finding a mentor who can guide you on your entrepreneurial/business journey. Being part of a supportive community can not only help you feel less alone but also provide you with valuable insights and resources that can help you grow and succeed in your business.

Remember, entrepreneurship/business ownership is a team sport, and having the right team around you can make all the difference.

Celebrate Small Wins

Running a business is a long and often challenging journey. It’s easy to get caught up in the big picture and forget about the small successes along the way. However, it’s important to celebrate these small wins as they can help you stay motivated and confident.

Small wins could be as simple as securing a new client, completing a project ahead of schedule, or receiving positive customer feedback. Recognise and celebrate these accomplishments, no matter how small they may seem.

By celebrating small wins, you also create a culture of positivity and achievement in your business. This can help you and your team maintain a can-do attitude, which is essential for achieving long-term success. Remember that progress is a process, and it’s important to acknowledge every step along the way.

Remember, building a successful business takes time, patience, and persistence. Don’t be too hard on yourself and keep working towards your goals with a positive mindset. With the right strategies and support, you can regain your sense of freedom as a business owner.

Live with purpose,

Kristian Livolsi and the Business Growth Mindset Team

We work with highly driven top performers to create meaningful change that impact their business and life through mastering a growth mindset and implementing systems and processes that support scaling.

Kristian Livolsi | Business Growth Mindset

    
 
 
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   Morgan Hunter 
 
 
 
 Trustindex verifies that the original source of the review is Google. I have been in the BGM - Growth School for a year now and my business has transformed and grown due to the program, the staff and members who push you to be better. Over the last 18 years running start-ups I have been involved in a lot of programs, by far this one has been the best, its not just the content or skills workshops its the accountability from your peers that make it what it is. You learn so mush from your peers setback and wins and they from you. This is a program for business owners who what to push beyond the next level and who is willing to do the hard yards!
  
 
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   Belinda 
 
 
 
 Trustindex verifies that the original source of the review is Google. I am thrilled to share my experience with Growth School, where under the guidance of Kristian, Simone, and Bonnie, I have seen remarkable business transformation. In just three months, their expertise has empowered me to craft a robust business strategy and strategic plans, leading to an extraordinary 800% increase in revenue. As I stand on the brink of scaling my business, I credit much of this success to the insightful monthly game plan sessions facilitated by the BGM team. What truly sets Growth School apart is the incredible community of business owners it brings together. This vibrant tribe not only celebrates each other’s victories but also provides a platform for accountability, motivation, and practical support. Whether it’s bouncing ideas around, tackling challenges, or sharing strategies, the sense of camaraderie is unparalleled. For any business owner eager to achieve exponential growth within a nurturing and motivational environment, I cannot recommend Growth School enough. It’s more than an institution; it’s a catalyst for profound business success.
  
 
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   Mary-Anne Vaessen 
 
 
 
 Trustindex verifies that the original source of the review is Google. The first question I get asked about my service is "How much does it cost?" I did not have confidence when presented with that question. Always felt that I had to compete with others around me. I didn't truly believe in my worth and value. I needed to stop looking around me and focus on what really mattered. I felt stuck. Overwhelmed. Didn't know the best way to move forward. Then I met the team from Business Growth Mindset. What a difference that has made to me. I gained clarity and knowledge, which then gave me the confidence and mindset I needed to move forward in my business. It has been, and still is, growth on a personal and professional level. The support I have is brilliant and I am still growing in my space. It has been the best investment I have put into myself and my business. If you want to scale up your business with a group that truly cares, look no further. Remember that you cannot grow in comfort. Get uncomfortable, because that is where true growth happens.
  
 
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   Wayne Hutchison 
 
 
 
 Trustindex verifies that the original source of the review is Google. Useful because I am starting out and I got the right kind of challenges. There was a lot of easy to follow material, videos and pdfs with stencils for business as well as bi weekly q&a sessions. I wanted for nothing. I would recommend BGM for anyone.
  
 
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   Tutors SA 
 
 
 
 Trustindex verifies that the original source of the review is Google. I have gone through the Grow & Flourish program with Kristian; a full 3 – day in person one on one program, and some follow up workshops with Kristian and my team. First of all I was impressed with his ability to understand the business, the challenges and the opportunities at a rapid pace. The process followed to identify the business purpose, values and then the Strategic Plan was very well done! Working with Kristian was a real eye opener, not just from growing my business point of view, but also from “how to be persistent in maintaining a high level of self-discipline to maintain a super level of productivity to get things done”. I highly recommend Kristian for any growth, strategy and marketing related training, coaching and mentoring.
  
 
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   Karim Boktor 
 
 
 
 Trustindex verifies that the original source of the review is Google. Just spent 3 days with Kristian at the Evolve retreat and it has been amazing! So much clarity in business that I’ve gained.
  
 
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   Shane Staker 
 
 
 
 Trustindex verifies that the original source of the review is Google. Working with Kristian has been one of the best decisions I’ve made. He has helped me define my business purpose and push me forward faster than I could have anticipated.
  
 
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   Lourene Bevaart 
 
 
 
 Trustindex verifies that the original source of the review is Google. Great Event!! Incredible! So many golden nuggets!
  
 
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   Amanda McNeil 
 
 
 
 Trustindex verifies that the original source of the review is Google. I recently attended the 1 day "Marketing for Growth" in person workshop with Kristian Livolsi and without a doubt, was the best value for money I have spent.  I walked away with so much value, tools to implement to help grow my business and help me get clearer on my target market.  Feeling very grateful that I took the time to invest in myself and make the effort to attend this event.  Can't wait for the next one!
  
 
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   Lourene Bevaart 
 
 
 
 Trustindex verifies that the original source of the review is Google. Working with Kristian has been an absolute game-changer for me. But it wasn’t always that way. Before connecting with Kristian, I soon found myself feeling like I was stuck in the same place—my business was healthy, but it wasn't growing. Without any structure, systems, or goals in place, I have struggled the last couple of years to take my business to the next level. After months of feeling stuck, I decided that it was time to take drastic action. So, I reached out to Kristian and embarked on a journey that changed everything. With Kristian’s help, I was able to create a clear 90-day plan as well as a 1-year plan that included structure and goals for my business. Not only did I feel more organised and focused, but I also gained clarity around who my target audience is—my “avatar”— my “Niche” so that instead of being everywhere at once, all my energy could be put into one specific area of focus. If you find yourself stuck in your professional journey like I did before reaching out for help from Kristian, don't hesitate! The best thing you can do is take action by connecting with someone who can provide the tools and strategies you need to level up your career quickly and efficiently. With their help, you too will be able to pave the way towards achieving your own professional success story!’ Lourene Bevaart