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Being an entrepreneur is about creating value to a specific group of clients and being rewarded for that value.  Therefore, accountability for entrepreneurs is essential to generate that desired result. 

Many of my business coaching clients started out as an entrepreneur because they felt differently about creating value, delivering results, success, and freedom than most others.

By removing themselves from many of their friends or wider network, they often felt more alienated and isolated because of the things that inspired and motivated them to go out on their own in the first place.

Have you experienced similar feelings?

It can be difficult to talk to, and relate to people, who don’t share your experience, view of the world, or the mindsets you have.

If that sounds like your experience, what you need is a mindset shift from seeing yourself as different, to connecting with, and sharing your ambitions with others who think the way you do and can relate to the way you think.

Overcoming isolation as an entrepreneur

Feelings of isolation and loneliness are typical when starting out as an entrepreneur.

You are on a journey and are surrounded by the complexities of being in charge and being the one to make everything happen.

But that pressure and of doing everything and having total responsibility without a support structure can be lonely.

It can lead to feelings of overwhelm and being unclear where to focus your time.

If you keep operating in isolation, you will always be at a disadvantage.

You may struggle with goal setting by yourself. 

Time Management may be a problem.

You struggle to stay productive and start procrastinating.

When you’re lonely, you’ll be using an incredible amount of motivation and energy just to sustain yourself, and move forward.

Feeling isolated can create greater degrees of confusion and feeling of powerlessness.  You may not have the clarity and to reach your full potential.

That’s why accountability for entrepreneurs is essential.

Read also:

Overwhelmed at work? 10 strategies to beat stress

Create an accountability support structure

Getting clarity about your goals and creating a path and plan to achieve those goals requires a support structure to help you stay focused and productive.

It requires accountability for many entrepreneurs.

Read also:

Focus: 9 ways to improve focus and concentration 

Working with a business coach or being part of a community of entrepreneurs that share a similar mindset and understand the challenges you’re going through will give you the ability to increase your learning, reduce your mistakes and reduce the amount of energy it takes to motivate yourself.

It will help you create shortcuts to get to the results you want quicker.

Instead of having to self-motivate yourself every day, you’ll be motivated and held accountable by people you can trust.

When you work with a coach or join a mastermind group, you’ll start to see the rewards almost immediately.

The benefits of accountability for entrepreneurs

The biggest missing element many entrepreneurs and small business owners have when pursuing their goals is having someone by their side to hold them accountable.

Without a clear vision, set of goals and structure in place it’s very easy to get off track and chase opportunities that don’t move the business forward. 

It’s easy to get distracted, feel scattered and lose focus.

Entrepreneurs have long to-do lists and many opportunities thrown their way every day.

If you don’t have clarity around your goals and a focused path and plan to achieve those goals, you lose valuable time chasing low value opportunities. 

Every entrepreneur must be intentional about how they spend their time and have a clear path to achieving their goals, even when everything else seems to be standing in the way.

Read also:

6 benefits of a small business coach 

Here are 5 benefits of accountability for entrepreneurs to keep you focused and productive on your most valuable opportunities:

1. Accountability stops you feeling stuck 

If you’re the person making all of the decisions, even if you have a team around you, it’s easy to get stuck.

You may have lots of opportunities and decisions to make so you become stuck.  You’re unsure what to do next.  You’re unsure what path to take.

There is a sense of not knowing what to say yes to and what to say no to.

The complexity of running and growing a business can create confusion.  What you need is to have someone to talk things through with.  To have a sounding board.

For someone to actually sit and just listen to you.

To have someone who will simplify things for you and give you the clarity to get unstuck and move forward.

2. Have a sounding board

Building a successful business is often a confidence game. 

We often don’t make decisions because we’re fearful of losing things that are important to us.

Wouldn’t it be beneficial to have someone in your life you can actually talk things over with?

Two heads, as the saying goes, are often better than one.  We are all looking for more clarity, confidence and capability.

Having someone there who will listen to you and understand you can be hugely impactful. 

If that same person, can hold you accountable going forward, then that can build your momentum even more.

3. You can learn from others mistakes

Things don’t need to be perfect and you don’t need to make all the mistakes yourself.

Entrepreneurs can benefit from talking with a business coach or other entrepreneurs who have experienced failures in the past.

Out of failure comes great learning.  This learning and experience can give you insights and different ways of approaching things in the future.

Similarly, there’s a huge amount of value in using their success stories, strategies and tools as lessons on how to improve the way you do things.

Spending time each week talking with your coach, or talking with other successful entrepreneurs can save you weeks of testing.

An hour or two of focused planning and discussion can save you months of time, energy and money if you’re spending time with people who really want to help.

4. You’ll think about things differently

When you work with a business coach or speak with entrepreneurs who have experience with businesses and industries that are different from your own, they can provide a perspective or new way of thinking, that you might never have thought of.

How they’ve dealt with specific situations and overcome challenges could provide a totally unique solution to you.

5. You’ll have the perfect accountability partner

Every time you spend time with your coach or entrepreneur network, it’s an opportunity for you to share your successes, refocus and get clarity on what you want to achieve next.

Accountability for entrepreneurs is about staying on track and staying focused on what’s crucially important to you.

By laying out your goals and objectives and setting measurements and deadlines against them it is a further opportunity for you to hold yourself accountable.

You will have the added support of people whose role it is to motivate and inspire you.

Structure supports growth 

Remember, real growth can happen when you surround yourself with the right motivational and accountability structures.

When you work with, and spend time with, people that are focused on helping you create your ideal future, you can use their experience, accountability structure and support to propel you to higher levels of success.

Do you want to become more focused, more productive and reach your goals quicker?

Accountability for entrepreneurs is critical if you want to jump to the next level quicker.

If you want more accountability and to increase your revenue quicker, book a Free 30 Minute Focusing Call with me. 

Read also:

6 things coaching can do for your small business

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P.S. Whenever you’re ready….. here are 5 ways I can help you free up your time to grow YOUR business:

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If you want to take your business to the next level but are feeling stuck and frustrated, book a Focusing Call with me and come away with direction, clarity and focus on what you really want to achieve.

Mark Pettit Administrator
Strategic Business Coach , Founder, Lucemi Consulting
About the Author Mark Pettit is a leading 1:1 business coach to ambitious entrepreneurs who want to free themselves up to jump to the next level of time freedom and business growth. He is the founder of Lucemi Consulting, a coaching and consulting company. Visionary, creative, and generous, he is a hero to entrepreneurs seeking to work less, do more of what they love and multiply their revenue and profits. www.lucemiconsulting.co.uk
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