Martin Meadows - Self-Discipline for Entrepreneurs: How to Develop and Maintain Self-Discipline as an Entrepreneur

Self-Discipline for Entrepreneurs

How to Develop and Maintain

Self-Discipline as an Entrepreneur

By

Martin Meadows

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In Grit , Ill share with you exactly how to stick to your goals according to peak performers and scientific evidence.

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Prologue

A s a person who has been self-employed his entire lifetime, I know how challenging entrepreneurship can be.

The difficulties people usually associate with working on your ownlike finding a business idea, raising capital, creating your product, finding customers, and hiring employeesare only the start.

Entrepreneurship also poses challenges to your self-discipline. People who have never worked for themselves dont realize the rollercoaster self-employed people are on.

Self-discipline has been my forte ever since I was a young child. I still remember how I saved money instead of spending it like other kids, how Id rather work on my long-term goals than party like other teenagers, how I stuck for years with every activity I liked instead of quitting them because of the first obstacles.

Ive written two bestselling books about self-discipline How to Build Self-Discipline: Resist Temptations and Reach Your Long-Term Goals and Daily Self-Discipline: Everyday Habits and Exercises to Build Self-Discipline and Achieve Your Goals .

Im also the author of a book about self-discipline for dieters Self-Disciplined Dieter: How to Lose Weight and Become Healthy Despite Cravings and Weak Willpower , and a book about self-discipline for people who want to start exercising more How to Build Self-Discipline to Exercise: Practical Techniques and Strategies to Develop a Lifetime Habit of Exercise .

Needless to say, I know a little and then some about self-discipline. As a lifelong businessperson, I realized I could help fellow entrepreneurs by writing a book dedicated to the unique challenges they face on a daily basis.

My business experience revolves around various online businesses. For a period of a few years I was a freelancer, mostly working in search engine optimization (SEO). I ran numerous small niche sites and monetized them with ad networks and affiliate programs. I had three e-commerce businesses selling physical products and digital products. I had a software-as-a-service (SaaS) business. I have an online self-publishing company, of which this book is the most recent fruit.

On the following pages, youll discover how to weave self-discipline into your entrepreneurial fabric of life to help you achieve success in business. Drawing from my own experience of successful entrepreneurship and scientific research, Ill cover challenges of both new and seasoned entrepreneurs. Well talk not only about how to develop but how to maintain self-discipline. Youll learn how to overcome common temptations of entrepreneurs and how to deal with some of the most common challenges that stop many of them in their tracks.

The primary aim of the book is to help you develop self-discipline and grit as an owner of a small business. Im not here to tell you how to make a million dollars in five easy steps or build a seven-figure company with my foolproof blueprint. Im not a business guru. In fact, I wouldnt even touch one with a ten-foot pole. My goal is to help you become a more self-disciplined entrepreneur, not tell you how to run a business.

Since this book can help all types of people who are self-employed, Ill interchangeably use words like entrepreneur, self-employed, and businessperson without differentiating between these terms.

At the end of each chapter Ill include the three most important actionable implications. Those are not there just for fun. Dont just read themact on them. Its the only way this book will serve you.

I also conclude each chapter with a quick recap to help you revise the most important information. Repetition helps retain and review information.

Last but most definitely not least, a word of caution: the advice youre about to discover isnt set in stone. I dont believe in absolutes and I dont claim to have all of the answers. Consider the tips in this book to be ideas to test in your own life, but dont be afraid to try a different approach. Neither entrepreneurship nor self-discipline is an exact science. Different things can work for different people.

Now, lets talk about the first, most important part of building self-discipline as an entrepreneur (or for that matter, any other endeavor).

Chapter 1: Why Are You an Entrepreneur?

I f you hope to build your self-discipline as an entrepreneur, you must have a strong motivation to become one and stay one. Entrepreneurship is not an easy path. If theres no strong motivator to keep you going when things are tough, youll always struggle.

In this chapter well cover three types of motivationextrinsic, intrinsic, and prosocialand how they can help you maintain self-discipline as you to tie them all together to create a powerful fuel for your entrepreneurial endeavors.

Please dont think of your motivation as the magic pill. Its the foundation of it all, but its not everything. Building a house starts with a foundation, but it doesnt end there. Having this in mind, lets move on to the three types of motivation and how they can help you stay disciplined as an entrepreneur.