Business News

How one can set limits as an entrepreneur

December
3, 2020

7 min read

The opinions expressed by the entrepreneur's contributors are their own.

For entrepreneurs, time and energy are among the most valuable goods.

There is a finite set of both. How an entrepreneur chooses to capitalize on these assets affects not only their personal growth, but the impact they have on the world as well.

Entrepreneurs know that! Therefore, many are very careful about how they use up time and energy. This is no less true for entrepreneurs with greater flexibility than their 9-5 counterparts.

That means that sometimes lines can become blurred.

What if you get into something but feel like you are turning your wheels? What if loved ones want more time from you than you can give?

Setting limits is not always easy. But it's one of the most powerful skills an entrepreneur can master.

This is how you set limits as an entrepreneur.

1. Think about your limits

Borders are not the same for everyone. In addition, they can change. Where are you now

First, think about the limits you have for yourself. How far will you go to be successful as an entrepreneur? How much time are you willing to devote? What are you willing to sacrifice if necessary?

It is possible that your drive is causing you to invest more in your activities than you originally planned! However, if you understand your limits, you can make consistent efforts while avoiding burnout.

Next, consider your boundaries as they relate to others. What behaviors will you accept and not accept?

To answer this question, think of behaviors that make you feel uncomfortable, angry, or just simply unsatisfied. Here are a few examples to consider:

Is it okay for someone to look through your phone while you are away?

How would you feel if you told a friend that you were busy but he kept pushing to meet?

Would you be frustrated by interruptions from others while working?

Often entrepreneurs have to invest a lot of time and energy in their activities in order to leave less time and energy for others. By considering in advance how this will affect you and your surroundings, you can set expectations.

If you have ever had trouble enforcing boundaries in the past, this is especially important.

Entrepreneurs often have big hearts and sometimes strain to help others. Even if their own limits are tested.

Once you have established your limits, think about how to enforce your limits. This often includes turning down requests from others, even if they are disappointed. Setting boundaries can even cause you to lose some relationships.

In the end, you have the right to put your needs first. Those who respect your boundaries while communicating their own will enrich your life as you pursue your business endeavors.

Related topics: Setting limits when working remotely

2. Share your plan of action with loved ones

Your loved ones want what's best for you. They want to see you happy, healthy, and successful. They want you to make your dreams come true.

Share these dreams with them! Tell them why you became an entrepreneur and what your goals mean for you. Share your vision with them. Make her excited. Make them feel like they are part of your journey too.

As all entrepreneurs know, the path is not a straight one and things will not always be easy. By sharing your "why" with loved ones, they will be better prepared to ride the waves with you. Your "why" will give you determination as it gives you determination.

With that in mind, sharing your “why” also provides insight into the reasons why you have the limits of what you are.

By clearly communicating your “why” and your boundaries to loved ones, they will understand how best to support you on your journey. This understanding will, in turn, help you to give them the best possible support.

For example, you might consider saying to your loved one, “What really makes me alive is doing xyz. I think xyz would have an impact on the world and I am inspired and motivated to make it happen. I also want you to know how much I love and care for you and how much your support means to me. "

You can then share any limits you have, e.g. For example, every morning from 8 a.m. to 10 a.m. free to work on your goals (without phone calls or other interruptions).

While some loved ones may feel hurt because you have less time to spend with them, they will likely understand. And if you show up for your loved ones in other ways, that's still a great way to share how much they mean to you.

In fact, when you set healthy boundaries for your loved ones, you will be better equipped to show 100% for them when you spend time together. I would bet most people would choose quality time over quantity!

Related: The 5 Habits of Very Intimate People

3. Take care of yourself

Here are some things I've heard from entrepreneurs:

"How can I rest when an xyz problem arises in the world?"

“Countless entrepreneurs work as hard as possible. It wouldn't make sense for me to spare myself. "

"I wish I could take a break, but I have to put out this fire and this fire and this fire …"

In short, entrepreneurs are often tough on themselves. For some, perfectionism, fear of failure, and tenacious determination can create a dangerous cocktail that leads to overpowering and burnout.

Such traits can certainly serve as motivators, but they must be met with self-compassion. We all deserve a break sometimes.

Carve space every day to be simple – without everyone else's demands or working on your goals. To go for a walk. Talk to a friend. Watch a TV episode.

Sometimes you need a bigger break. A kind of "reset". If so, put the "OOO" in your calendar and go on vacation. There's a time and place for everything, and vacation is no exception. Not even for entrepreneurs.

Make it clear from the start who you are serving. (At least as clearly as possible for this point in time. As entrepreneurs, we all know that things can change!) Make this clear to others to set expectations.

Resist the urge to solve all problems at once. This can be a tough question as entrepreneurs are often trying to build businesses, maintain relationships, and get the world to the point.

But you also have to take care of yourself. Be careful not to get lost in the demands other people make on you.

If you feel that your limits are not being respected or you have problems enforcing them, please feel free to contact us!

As someone who lives in Silicon Valley, I want to tell you, there are tons of co-entrepreneurs to talk to.

They all have unique insights and experiences, including those related to limit setting. And sometimes just talking to someone who “catches” you can create a world of good.

Related: Effective networking requires mastering these 5 skills

When you learn how to set boundaries, you can unlock your entrepreneurial potential

Setting and enforcing boundaries can be difficult, especially when others are not on board.

However, if you stick to your limits and clearly communicate your needs to others, you will feel more respected. You have a safe place to reach your goals.

You will be refreshed in the long run so that you can balance your business goals with the other great things in your life.

In short, you are putting yourself in the best position to make your entrepreneurial dreams come true.

Loading…

Related Articles