5 Habits to Adopt as a Business Owner

Paula Fournier
August 7, 2023
5 min read


Starting a business can be a thrilling and rewarding experience, but it can also be quite challenging. As a business owner, there are many responsibilities that fall on your shoulders, and it can be easy to get caught up in the daily hustle and bustle of running your business. But, it's essential to adopt healthy habits that will not only help you stay organized but also help you achieve success in the long run.

In this blog, we'll talk about five habits to adopt as a business owner that will help you stay focused, productive, and successful. As a business owner, there are a few key habits that can help you achieve success and maintain your sanity. While delegating tasks to employees is an important part of running a small business, what do you do if you're a one man - or woman - band?! Being self-employed may mean doing it all on your own - at least for a while! These habits are easy to put in place and can make a significant impact on your business now and later!

1. Set Goals and Prioritize

One of the most important habits you can adopt as a business owner is to set goals and prioritize them. It's easy to get bogged down in the day-to-day tasks of running a business. But, if you don't have a clear idea of what you're working towards, you'll end up spinning your wheels. Take some time to think about what you want to achieve with your business and set specific, measurable goals. Then, prioritize those goals so you know what to focus on first.

As a health coach, a few of your goals may include improving the health and well-being of your clients, building a strong reputation in the industry, and increasing revenue. To prioritize these goals, you may focus first on improving your clients' health by developing customized wellness plans based on their needs and goals. By getting feedback from your clients and tracking their progress, you can make necessary adjustments to ensure their satisfaction and success. Once you have established a solid foundation in client care, you can then expand your reach and increase revenue through marketing strategies and adding additional services, such as group coaching or corporate wellness programs.

Setting clear goals and priorities is essential for any business owner. Having a clear understanding of what you want to achieve in years to come and the steps you need to take to get there will help you stay focused and motivated. Start by setting long-term goals for your business and break them down into smaller, bite-size milestones. This will help you track your progress and stay motivated along the way.

It's also important to set daily priorities and focus on the most critical tasks first. Determine which tasks are most urgent and require immediate attention and which can wait. This will help you manage your time more effectively and ensure that you're always working on the most important tasks.

2. Build Strong Relationships

Building strong relationships with customers, employees, and other business owners is key to long-term success. When you have good relationships with your customers, they're more likely to return and recommend your business to others. And when you have good relationships with other business owners, you can benefit from collaboration, referrals, and shared resources.

To build strong relationships, make an effort to communicate regularly and authentically with the people you interact with. Be responsive to feedback and suggestions, and be willing to go above and beyond to provide excellent service or support. You can also consider participating in industry groups or networking events to meet other business owners and expand your circle of contacts.

Running a business can be a lonely and isolating experience. Building a strong support system of friends, family, mentors, and colleagues can help you stay motivated, get feedback, and gain new perspectives.

Consider joining a business networking group or attending industry events to meet other like-minded business owners. Having a supportive network can make all the difference in helping you stay motivated and achieve success.

3. Fail Forward!

What? Fail forward? I don't want to fail! Making mistakes is an inevitable part of running a business. However, it's essential to learn from these mistakes and use them as opportunities for growth and improvement. Instead of dwelling on your mistakes, take the time to reflect on what went wrong and how you can do better in the future.

It's also essential to take ownership of your mistakes and communicate openly with your team and customers. This will help build trust and credibility and show that you're committed to doing better in the future.

4. Practice Time Management

Effective time management is essential for any business owner. There are always more tasks to do than there are hours in the day, so it's important to use your time wisely. One effective habit is to create a schedule for yourself and stick to it as much as possible. This can help you stay focused and avoid getting distracted by other tasks or interruptions.

Another important aspect of time management is learning to say no. As a business owner, you'll likely receive many requests for your time and attention, but not all of them are essential or even relevant to your goals. Be willing to turn down requests that aren't a good use of your time, and don't be afraid to delegate tasks to others when appropriate. "No.", it's a complete sentence. And if you do this one right, it will lead to the next habit...

5. Make Time for Self-Care

Running a business can be stressful, and it's easy to get caught up in the daily grind. However, it's essential to make time for self-care to avoid burnout and maintain your mental and physical health. Self-care can include activities like exercise, meditation, reading, or spending time with loved ones.

It's crucial to prioritize self-care and schedule it into your calendar just like you would any other business task. This will help ensure that you're making time for yourself and taking care of your well-being. After all, isn't this just some of what we teach our clients?

Now it’s time to practice what you preach!

Remember that running a business is a journey, and it's essential to take care of yourself along the way! Finding balance of mind, body, life and work is essential. Don't forget, these habits may take time to develop, and it's okay to make mistakes along the way. The key is to stay focused, stay committed, and keep moving forward towards your goals.  Consistency is key. 


By implementing these habits and staying committed to your goals, you can create a successful and fulfilling business that not only provides value to your customers but also allows you to live a balanced and healthy lifestyle.

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