One of the greatest strengths you can have as an entrepreneur is your energy. You put your energy into your business, brand, networking, and everything else that helps you need to be a successful entrepreneur. In order to avoid burnout which could lead ultimately to failure and setbacks, it’s important to know how to effectively manage your energy as an entrepreneur:
Healthy Eating and Fitness
While this may sound like it has not a lot to do with being an entrepreneur, it definitely majorly effects your career. In order to be working at your best and being the greatest you can be, you need to be healthy. By eating food that has nutritional value and getting in daily exercise, you are being good to your body and giving it the energy it needs. By pumping in more energy through healthy lifestyle choices, you will have more energy and a much better focus for work.
Rest and Relieve Stress
The life of an entrepreneur is often very fast-paced and can feel a bit overwhelming, Many make the mistake trying to power through, thinking that it’ll set them apart from the rest and help them jump professional hurdles faster. This is not the case, however, because overworking yourself can lead to some serious stress constantly weighing down on you. This means that instead of focusing your energy on getting the actual job done, most of it is wasted on worrying over stressful obstacles. To combat this, remember to rest when you need it and destress whenever things are becoming too overwhelming.
Think of What Not to Do
Every entrepreneur will have their to-do list, but successful entrepreneurs will keep a what-not-to-do list. In order to manage your time and energy, know the tasks that are better left alone and would hold you back rather than moving you forward. Look at your days and pinpoint the activities that are not productive and not progressing you towards your professional goals. Then you need to replace them with activities and tasks that will push you forward in your life and your career.
Be Around Those Who Empower You
You are only as good as the company you keep. In order to manage your energy properly, it’s important to be around people who uplift you, not one who will bring you down. Make sure they are encouraging you and not draining you of all your potential energy for success. If there are people who steer you in the wrong direction, distract you from business goals, or discourage you, they are not someone you want or need in your life.
For a while now, Mondays have had a bad reputation. This is mostly because Mondays mean the end of the weekend and the start of the work-week. It can definitely be difficult to see Mondays as the best day of the week, but every successful entrepreneur knowns Mondays are the most important and productive day of the week:
Mondays can be used as a fresh start of the week. When you have to goal in mind to be more productive, Monday is the perfect day to start the week off right. It’s important to set the right tone for the week and use Monday to be your most productive. When you start off on the right track right away, you are more likely to keep things going longer. Make sure to start each Monday with this in mind.
Although sticking to a morning routine throughout the entire week is ideal, sometimes life gets in the way and it can be difficult. However, Mondays are the most important day to stick to your morning routine. Not only does this help you to stay focused on the new goals and taks of the week, you’re more likely to enjoy the rest of the day. Find the morning routine that fits into your schedule best and consists of activities you will look forward to doing. This could be making breakfast, taking a walk, or fixing up a cup of coffee. Make sure to start nice an early.
Another great way to make Mondays the best is by planning your day out ahead of time. When you have a particular set of goals in mind for what you’d like to accomplish and plan you Monday out ahead of time, it makes the day go by a lot smoother. It’s also a good idea to get most of the tasks of the week out of the way. This way most of what you hoped to accomplish is already out of the way and the week is simply smooth sailing from there.
Put Health First
Mondays feel a lot better when you feel better. In order to start the week off right, start with a healthy meal and make sure to be active that day. Don’t skip the gym and put in the extra time to be healthier that day. By putting more focus on your health, you’ll be more likely to have a productive day and week. A healthy body means a healthy mind, which is very important for an entrepreneur’s success.
One of the most important responsibilities of a business or organization is making sure that you surround yourself with other individuals to share in your vision. This shared goal or aspiration will keep your team united, and ultimately it will help them support the team and you in the long run. While this may seem difficult at first, it’s possible to achieve this by keeping a few things in mind.
First, you want to start with something compelling but practical. Your vision creates something bigger than yourself, something that others can believe in and relate to. In establishing your mission, it’s easy to dream big, but it should still be grounded in reality. Be honest with yourself when you answer guiding questions like, “What are my core values, and does this company represent them well?” or “what is this organization’s primary purpose?” Think about the practical next steps to take, and then articulate those goals so that others can see it too.
The next step is to foster vision ambassadors. These are people who have more of a personal connection to your cause than most that will help to further your mission. As your business grows, you will come to learn that you can’t be in multiple places at once, so your ambassadors have the responsibility of cultivating buy-in and enthusiasm when you can’t do it yourself. In addition, they help to keep the team focused on your long-term goals. Your team of vision ambassadors can take many forms, but ultimately they will be the folks who ended up relating to and believing in what you’re doing.
If you’re starting a business or organization, you are probably aware of the barriers that exist. Something that can help to prevent problems in the future is taking the time to create a resilient and dynamic organizational structure that can respond effectively to challenges. Consider your organization’s structure and communication plans; Forbes has a list of a few more ideas for your consideration, as well. Ultimately, this is a way to keep people invested in your cause. Ideally, the environment you create is one that welcomes and responds to feedback from every level of the organization.
About Graham Zahoruiko
ORGANIZATIONAL EFFECTIVENESS LEADER FOR GREATER CORPORATE SHAREHOLDER WEALTH, PUBLIC BENEFIT AND SOCIAL RESPONSIBILITY
Graham Zahoruiko is a transformational growth leader with over 25 years of entrepreneurial C-Level leadership experience. His objective is to help companies unlock unprecedented growth and increase shareholder value, while delivering an Internal Rate of Return (IRR) that far exceeds the cost of any restructuring or reorganization. He does this by delivering a highly polished “game changing” solution strategy, executable materials, and team mentoring throughout the implementation phase.
The key foundational element of any organization is the right culture. When precisely positioned, the right company values and work environment lead to independent, empowered, self-reflective teams that have both the initiative and the capability to drive new revenue sources, generate higher profitability, and lower operational costs.
The assignments Graham Zahoruiko takes on vary widely based on the specific needs of the companies he works for, but some examples include: interim leadership; positioning and executing an initiative or project; cultural improvements; project and process management; leadership development; growth initiatives; cost efficiencies and improvements; personal career performance coaching; innovation modeling; entrepreneurship; and mentoring.
For a number of years, Graham Zahoruiko has contemplated how he can do the work that he loves but continue to add more purpose, meaning and value. Consultants tend to push harder and harder on the obsession for long-term value for clients.
Combining meaningful work and a meaningful “public benefit” certainly would be ideal. Near and dear to Graham Zahoruiko has always been family, children and disadvantaged. As a background in organizational effectiveness, change management and transformation ideally prepares one for leading through change, Graham is the Director of Organizational Effectiveness, Public Benefit Corporation. Organizational Effectiveness, Public Benefit Corporation delivers high value project-based management consulting services for greater corporate shareholder wealth, public benefit and social responsibility. Organizational Effectiveness, Public Benefit Corporation’s own advocacy efforts focus on families, children and disadvantaged.
While working for a multi-billion dollar energy company, Graham proposed and led an effort to transform a $160 million dollar division with 750 employees and its 4th C-level leader in 5 years from a “cost center” into a “growth center”.
The implementation of this plan involved several key shifts, both in mindset and operation. The first step was the launch of a new culture through the development of a “Cultural Playbook”, which promoted a more innovative generation of employees empowered with the skills and ability to lead the company into a future of unprecedented growth. Graham Zahoruiko also conceptualized, developed, and implemented a QBR (Quarterly Business Review) program and accompanying materials for all senior leaders, resulting in a more consistent reporting format that improved corporate communication, business line health, and tracking mechanisms for leader reviews. This program increased shareholder value by $731 million. Graham also created a C-level leadership presentation for the CEO and Board on the subject of “game changing – change the lens/perspective of thinking” which outlined “the pitch, the proof and the value” of a $1 billion investment. This new thinking derived a 59% IRR, a significant impact on the organization’s P/E Ratio, and a $3.4 billion increase in shareholder value.
When working with a $250 million healthcare company, Graham Zahoruiko found the organization with a global business division comprised of over 350 hands-on IT professionals with expertise in cloud technologies, networking, applications hosting, storage, and disaster recovery. The $60 million division was facing declining revenue.
After rebuilding morale and mentoring the team on leadership and entrepreneurship, Graham helped improve gross margins by up to 40%, and net margins by 17% (12% to 29%) with the addition of $20 million in new revenue bookings. Operations were restructured through offshore centralization, and processes were formalized for the prevention of future revenue and cost leakages. The sales pipeline subsequently grew from $0 to $110M.
Graham Zahoruiko also led the formation a Cloud Software Services sub-business unit, and re-positioned aging software IP into a new offering centered on healthcare data access archiving, reducing ongoing client legacy software costs by 80%. The new release resulted in $15M in revenue opportunity and a recurring revenue stream. The company’s subsequent operating plan focused on continued margin improvement, better client value, innovation, and long-term sustainability of continued revenue growth.
Leveraging very early roots as a repeat start-up entrepreneur, Graham Zahoruiko is an independent management consultant helping leaders improve shareholder value through strategic improvements and transformations in culture, entrepreneurship, innovation, and growth. He has a talent for balancing the business and financial impact of decisions with the people side of the equation.
Northeastern University (Business Management): 1996
Saint John’s Preparatory (General Studies): 1990
Boy Scouts of America (Eagle Scout Award): 1987