7 Ways Entrepreneurs Can Invest in Themselves

investingAs an entrepreneur, you invest everything you have—time, savings, passion—into your business. But do you invest in yourself personally? A happy, balanced, and educated CEO is a huge asset to any company, more so than leaders who don’t have any time to better themselves. Daymond John’s Success Formula believes entrepreneurs should invest in themselves, and that doing so can be a huge boost to their success. Here are 7 ways entrepreneurs can invest in themselves:

1. Set Goals

In your work-life you are constantly setting goals, from sales, profit, conversion, or other goals to measure your success and push your business to expand. But do you set personal goals? The only way to experience true growth and improvement is to decide what area of your life needs some recognition. Each month or quarter, invest some time in brainstorming your personal goals and determine how you will reach them.

2. Read Often

Your free time is limited, but you’ll invest in personal growth if you make reading part of your routine. Pick books that are unrelated to your business and that you are excited to read. Taking a break from your business, without turning off your brain, will rejuvenate your mind and inspire creative thinking.

3. Focus on Health and Exercise

Keeping your body healthy will benefit your mind, helping you perform better in leading your business. Invest in yourself by making healthy choices: eat whole foods with plenty of fruits and vegetables. Schedule exercise into your day and make getting it done a priority. Choose a cardio activity that you enjoy, such as basketball, kickboxing, or running, and mix in strength training to improve your endurance and strengthen your muscles. When you don’t have a lot of time, focus on shorter, high-intensity workouts for a health and adrenaline boost. Plus, exercising is a great way to relieve stress and anxiety from your work-life.

4. Network

Set yourself up for professional success by networking. Join organizations for local entrepreneurs or people in your industry and attend events to meet like-minded professionals. Networking will help you find support and help from people who have been in similar situations and can advise you from experience. Networking will also help you get your name out there and build a good reputation, which can lead to success for your business.

5. Consider a Mentor

In your network, identify someone who has built a business successfully and ask them to be your mentor. Ask them to grab coffee or lunch with you, and then pick their brain. Request help with specific problems in your business and for general advice on balancing life as an entrepreneur. Even the best athletes need coaches and role models—a business mentor will help you be a better leader and build a lasting company.

6. Have Hobbies

Entrepreneurs work long hours, but you need to find a creative endeavor out of the office. Try pottery, cooking classes, music, sewing, painting, hiking—whatever makes you happy. Block out time on your schedule to spend on your hobby. The mental break will leave you feeling great after you’ve spent days trying to solve the same problem at work—and the distance from the problem may help you come up with a creative solution.

7. Educate Yourself

Focus on professional development. Attend conferences, take online courses in entrepreneurship and your industry, and do everything you can to build expertise and expand your knowledge. Read blogs and listen to podcasts that will improve your leadership skills and industry know-how. Investing in professional development will establish you as an expert in your field and help you be a better, more successful business owner.

With all the time you are spending on your growing business, you need to take some time to strive for a balanced life. One of the best ways to invest in yourself—and invest in your business—is to attend a Daymond John’s Success Formula event to improve your skills as an entrepreneur.