Accountability. The Success Secret of Entrepreneurs.

Accountability is the secret sauce to success!  For all who have been searching for the mysterious elixir, the hidden ingredient, the secret sauce – this is it.

Self-management is the single biggest driver of success, but self-management does not come naturally. Entrepreneurs have no boss. This may even be the reason for becoming an entrepreneur in the first place, however, not having a boss may be the reason for zero or limited success in this adventure. I am not advocating ditching your business for a job! NO WAY! I am simply pointing out that having accountability with consequences is a missing ingredient. For the ‘boss-less’ entrepreneur, but it is a problem that can easily be fixed.

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No Oversight = No Accountability

The entrepreneur who works from home may enjoy the option of working in their pajamas, but the distractions to success are higher at home than if the entrepreneur heads out to an ‘away from home’ workspace. Accountability is an overlooked success strategy simply because being an entrepreneur removes oversight from the work equation UNLESS it is deliberately built in. I am suggesting you build it in.

Self-Management is Hard

Self-motivation is possible. Keeping distractions at bay and staying focused on money making activities is possible. Having a structured day and work-hours is possible for the entrepreneur, but this level of self-management is very rare and must be developed. Self-management is the single biggest driver of success, but self-management does not come naturally.

accountability, success, strategy,

At birth, we have parents protecting us and giving us guidance and rules as we navigate life to adulthood. We have teachers, Club leaders, and bosses. Deciding to become a lone ranger entrepreneur is desirable, and once attained, many find the unstructured life new and scary.

Being busy does not mean being active in money making activities. Many entrepreneurs if they are honest, will admit that it is easy to get distracted with buying stationary, tidying up a space, shuffling papers and staring into the abyss as they struggle to dive into the money-making activities that count.

Accountability is the answer, building it in is not easy, but worth the effort.

Building in Accountability

Deliberately looking for someone else to answer to is not on the top of the to-do list of any entrepreneur, but entrepreneurial accountability is a special kind of feedback. Not knowing what kind of accountability to look for makes it harder to find that level of help.

1Thessalonians 5:11 “Therefore encourage one another and build each other up”.

At the most basic and vital level, is having someone to hear your ideas as you brainstorm. Clearly, your child or pet dog is not the best candidate for this job. Neither is able to ask questions that will put bullet holes in your ideas so you refine them as you need to. A partner or a supporting spouse will be awesome in this role. If your idea is a rabbit trail of distraction to your money making activity, you need to have that pointed out to you and that feedback is valuable.

A mentor is another great way to build in accountability. Find someone you respect who has accomplished something you are working toward. Become their fan and let them know it. Chances are, they will willingly pour into you and be honored that you asked for their advice. Be respectful of their time though and understand that free coaching is not the same as mentoring, although a paid coach can also be a mentor.

Hire a paid business coach. This is the easiest to implement and possibly the most viable strategy for constructive accountability. A good business coach will help keep you on track and ask the tough questions about your results.Need some tough love – I bring it. I can be a hard pill to swallow so my consulting/coaching is not for the faint of heart or those who see success as wishful thinking.

Join a Mastermind of your peers. This Mastermind may be a group of clients lead by a business coach, but many peer groups exist for encouraging fellow entrepreneurs to succeed. I am always a part of such a Mastermind because I create it. I invite other entrepreneurs whom I have vetted to be sure we have a similar drive to succeed and are in action implementing our strategies.

If you are in a Network Marketing opportunity, look within your organization for successful workgroups. You may find a leader further up your upline list, or maybe not even in your line at all but in the organization. Many MLMers will assist others even if they are not part of their group because this business fosters that kind of relationship extension. It is possible to find a group of independent distributors who form a Mastermind to push each other to build their lists, make the sales calls, and work on their sales funnel together.

If you fail to have someone to report to, it is easy for months to go by without any measurable success and fool enough people for a while. However, without results, your empire is a sham and the walls will come crashing in. Tasting the freedom to self-manage to end up returning to the corporate world feels like the ultimate failure for many entrepreneurs. I strongly encourage you to deliberately seek to build in the accountability strategy to success, without creating a new boss of sorts.

For the Christian, we have our personal accountability to God, then our accountability to the body of Christ. However, we should not forget the accountability to each other.

The whole focus of my work and mission is #ProfitableStewardship. Profitable Stewardship is where we recognize that everything we have comes from God and is God’s. We are simply managers and that God EXPECTS us to be faithful with what He has put under our control.

Matthew 25:20 “The man who had received five bags of gold brought the other five. ‘Master,’ he said, ‘you entrusted me with five bags of gold. See, I have gained five more.”

Within the body of Christ, we have our role to play. Often that role happens through volunteering. Some are hired in for a job. Even so, some fail to show up, some do a lack-luster job, some are jealous of others who have what appears to be the more glorious roles, and some of us show up and work hard. There will be leaders in the church asking for, or overseeing this – but many times the Christian is expected to self-manage. Churches depend on volunteers and being an entrepreneur who decides your own agenda gives the Christian entrepreneur the most opportune option of putting God high on the priority list through serving others.

Then, there is the accountability a Christian has to a brother or sister in Christ.

1Thessalonians 5:11 “Therefore encourage one another and build each other up”.

Galatians 6:1-2 “Brothers and sisters, if someone is caught in a sin, you who live by the Spirit should restore that person gently. But watch yourselves, or you also may be tempted. Carry each other’s burdens, and in this way you will fulfill the law of Christ.”

Start your own Mastermind with a group of your peers and help move each other to success. Need help with that? Take my $7 Start a Mastermind Group online course.

Join my E5 Your Biz Workshop. This program will give you strategies to move entrepreneurs into forward momentum in their business AND is comes with accountability to those actions.


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