3 Lessons I have Learned from 15 Years as a Business Owner

In my early 20s, a close friend and I, both estheticians seeking a change from mundane jobs, embarked on an exciting venture: opening a studio for esthetic services. The decision was spontaneous, driven by a desire for something new, even though we had no clear roadmap for success. Surprisingly, our venture thrived in its initial stages. On my best days, I was pulling in over $500 while still living rent-free with my dad, reveling in the joy of newfound success.

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Lesson 1: Growing Pains

However, as our business expanded, I failed to pause and strategize our next moves. I eagerly embraced every growth opportunity without considering the potential consequences. Soon, the rush of success gave way to the harsh realities of increased overhead costs. With bills mounting and profits dwindling, I realized the importance of strategic planning and mindful growth.

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Lesson 2: Striking a Balance

The rapid expansion demanded more of my time and energy, leaving little room for personal well-being. I found myself working long hours, sacrificing self-care, and neglecting my physical and mental health. The absence of balance took a toll, both personally and professionally, serving as a stark reminder of the importance of prioritizing self-care amidst the demands of entrepreneurship.

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Lesson 3: Rediscovering Purpose

Somewhere along the journey, the pursuit of success overshadowed my initial passion for entrepreneurship. I became enamored with the idea of being a successful business owner, even as I struggled internally with the weight of expectations. It took introspection to realign my actions with my authentic self and rediscover the true purpose behind my entrepreneurial endeavors.

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My Advice: Balancing Growth and Well-being

For aspiring entrepreneurs, my journey offers valuable insights. While embracing growth is essential, it’s equally crucial to prioritize self-care and strategic planning. Take the time to assess each opportunity carefully, and don’t hesitate to seek balance amidst the hustle. Remember, success is not solely defined by external achievements but by the alignment of your actions with your authentic self. So take a breath, plan your moves thoughtfully, and above all, prioritize your well-being on the path to entrepreneurial success.