11 Commitments You Need To Make to Excel In Business
There are numerous articles about the fine art of commitment. How to commit to yourself. How to be more committed. How you are sabotaging your commitments.
And most of those topics worked laterally from home to work.
But that is something that you can fix. In business. In your relationships. In whatever you are trying to achieve right now.
You have all the control. All the motivation. All the resources and capacity for greatness that you ever need.
So let's talk about business -- and your commitment to achieving the success that brings you the riches and recognition that is important to you.
So how do you do that? How do you get better results?
Here are a few awesome commitments to get you there:
1. Set Smart Goals
Setting smart goals can do many things including: help your business grow, improve teamwork in your company, and help your employees understand the direction in which you would like to see the company grow.
Setting smart goals means setting specific, measurable, achievable goals with a clear deadline. When you have a plan in place, it is easier to see it through. So when you commit to making sure you carry out your plan, you are less likely to go back on it when you do, in fact, have a plan.
By the way, sharing your plan with someone who will hold you accountable is also a good idea.
2. Be More Social
Happy hour can be a great place to help you excel in business. When you go out after work with colleagues, it takes some of the internal pressures of the office away.
Whether you drink or not, you can let down your hair so to speak and really get to know the people you are working with.
You don’t have to share your deep dark personal secrets and you don’t have to stay out until all hours of the night and neglect your family. But going out every so often with various people in your company will inevitably make you a more desirable candidate for promotions, project leads, and special teams.
So be more of a social butterfly than a recluse.
3. Be a High Performer
Don’t confuse high performance with overachieving.
Overachievers do whatever it takes to get things done no matter the cost. It may seem like that’s a good thing, but if you are willing to bulldoze someone or ruin business relationships to get what you want, that makes for bad business.
Instead, commit to being a high performer. Someone who puts thought into the precise formula needed to reach the desired outcome. That’s the kind of person that everyone wants on their team.
That’s also the kind of person investors are more comfortable handing their money to.
4. Live Below Your Means
Just because you can, doesn’t mean you should. We’ve touched on this a time or two before. Spending significantly less than what you make is the key strategy in being successful in business and in life.
You have to worry less, because you know you have that extra little nest egg put away. You are happier because you don’t have to worry that every penny coming in is already due to go right back out on your extravagant tastes.
Plus, if something happens and your business needs a little boost, more than likely, you will have it available and won’t have to stress out over scrambling to find an investor who believes in your product the same way you do.
It just makes sense to save for a rainy day even if you never need to dip into it.
5. Commit to Getting a Mentor
This is another tool that I’ve mentioned a time or ten over the last few months. Mentoring is one of the most valuable things you can do for yourself and your business.
When you have a mentor, you get experience that you cannot find in books or online. Personal experience that you can use to help build your business. Mentors can also help you network and introduce you to people you may not have had the opportunity to run into.
Remember that person you need to find to share your plan with so they can help hold you accountable? A mentor is a great person for that!
6. Be Optimistic
Choosing to look on the brighter side of things opens up many new possibilities and actually makes you healthier.
A great adventure. A lesson learned. When you are happy and don’t let setbacks set you back (at least not for long), you stress less.
And less stress equals a longer life. It’s not my opinion. It’s scientific fact.
Plus, when you are optimistic you have a tendency to work harder to make sure you are successful versus throwing in the towel at the first sign of distress.
7. Be Flexible
It’s great to set goals and have a plan, but don’t feel like it’s the end of the world if you have to change directions for some (great) reason.
Often it is necessary to re-evaluate and change your business model, lower prices, outsource, or offer value-added benefits to your clients.
With all the competition out there, especially if your business is on the smaller side, it is imperative that you retain some flexibility in creating your success.
Rigidity can hinder you. So keep an open mind and commit to flexibility.
8. Take Good Advice
There’s a very good chance you’ve been doing what you do for a long time. So long, that you are considered an “expert” in your field.
But one thing is certain -- you don’t know everything there is to know about your niche. So stay open-minded and listen to others who also have experience in your field. Take their advice. Value their opinions.
Again, let me clarify, this is not unsolicited advice. This is good advice from people who want to see you succeed, people with expertise in the field, and also, people who use your services.
9. Delegate. Then Delegate More.
There is no need to micromanage every single detail of a project. That’s actually a very tiring job.
Instead, delegate tasks to people on your team who fully understand the overall project. And then follow up to make sure progress is being made.
As business owners and project managers, it’s easy to get caught up in the feeling that if you aren’t doing it, then it won’t get done the right way.
Set the expectations for your team and then let them pleasantly surprise you by exceeding them (and they usually will).
10. Use Social Media
Not everybody is a fan of social media, but it will benefit you to have some form of social media presence.
I could easily list a hundred reasons why you need to be social in the online world, but the important ones look something like this: brand awareness, loyalty to your product, real-time feedback, inexpensive advertising, customer connection, reliable leads, more revenue.
To put it simply, social media will always be an asset. So if you aren’t fully utilizing it because you don’t like it or you don’t know how, spend a couple extra bucks to find someone who can help.
It will pay for itself.
11. Stop Discounting Your Service
Sure, you want the sale. Sure, you want the business. Sure, you want people to know your name. But don’t try to achieve those things at the expense of your bottom line.
If you are a small business, you cannot meet a big box store price. It’s not realistic. So you shouldn’t try. Be competitive.
People have a firm grasp on the concept that you get what you pay for. And if you are the cheapest guy around, chances are people will skip over you anyway because they are going to assume that you are taking all the shortcuts available.
So offer quality products at a competitive price.
Embrace your commitment to success.
It’s one of the most important things you can do to ensure you get the most out of your life. And that’s the real mission. In business. In all of life.
Your commitment, it is what makes the greatest difference in your success.