Reward Yourself and Others When You Hit Milestones in Your Small Business

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Take time to smell the roses, and let others smell them too.  As a good entrepreneur, you (and your team) are likely to have your heads down working 80+ hours per week.  This type of schedule and mindset do not lend themselves to allowing yourself to enjoy the fruits of your labor.  But trust me on this one, based on my experience and those of many people whom I greatly respect, you will be kicking yourself later in life if you don’t take some time to enjoy your successes as you go.  One way to ensure that you pay attention when you should be enjoying yourself a bit, is to set goals (milestones) and determine in advance how you will reward yourself and your team when you hit those milestones.  Your rewards do not have to be extravagant or expensive, but they must be enjoyed fully mindful of the reason(s) you are celebrating.  Such an approach may cost you a bit of time and money, but it also will tend to condition you and your team to want to achieve even more and greater goals as often as possible..

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Paul is a serial entrepreneur, strategic and risk management advisor, marketer, speaker and coach who has dedicated the majority of his career to entrepreneurship, leadership and peak performance. Paul has worked with various entrepreneurial companies in senior management roles and has led the development, review, and selective implementation of several hundred start-up and corporate venture business plans, financial models, and feasibility analyses. He has performed due diligence on and valuation of many potential investment and acquisition candidates. Paul was also the Director of a consulting operation in Wharton Entrepreneurial Programs and holds a Bachelor of Science degree in Economics and an MBA from the Wharton School of the University of Pennsylvania. Paul has lived, worked, learned and traveled extensively in Latin America, Europe, and Asia and speaks and writes English, Portuguese, and Spanish.

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  1. Pingback: Keep It Real When Rewarding Yourself - She Business

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