How To Balance Personal Financial Planning With Owning A Business

Entrepreneurs are the lifeblood of the United States. So many of our country’s groundbreaking innovations have come from the entrepreneurial spirit of many. I love talking to entrepreneurs. One thing I have noticed about many entrepreneurs in my family, friend groups, and professionally is that they rarely, if ever, put themselves first. If you’re an entrepreneur and this sounds like you, here are some ways to begin putting yourself first, while still running a successful business.

Accountability To Your Goals

Across the board, I’ve seen business owners for new startups all the way to well established companies say, “I will start thinking about my own future when ___.” Then, when whenever the blank happens (a certain revenue goal, a customer landed, a certain business valuation, a certain number of employees, a capital raise), the bar raises. This desire for more is what makes great entrepreneurs and can ultimately lead to a successful business, but it can also lead to personal financial goals falling to the wayside.