5 Reasons Travel Will Help You Grow as an Entrepreneur
The role of a business owner is an important one, so it’s important to take care of yourself mentally and physically. One of the easiest ways to do this is to take a few days off. That’s right, vacation.
Vacations are more than just time away from your desk. Taking a trip reduces stress levels and minimize the risk of workplace burnout. Workplace burnout can make achieving your business goals much harder. There’s nothing worse than making critical business decisions without a clear head.
Traveling can keep you level-headed and focused. Read on for 5 reasons why travel will help you grow as an up and coming business owner.
1. Better Problem Solver
As an entrepreneur, you can expect all sorts of obstacles to come your way. Eventually, you’ll become a professional problem-solver.
During a trip, you may also find yourself having to solve problems. Ever been to a foreign country and not spoken the native language? Have you had to deal with fully booked hotels or missed flights?
The more experience you have in problem-solving, the better entrepreneur you’ll become. Successful entrepreneurship is all about facing problems and figuring out the best possible solution.
2. Develop & Improve People Skills
The more you travel the more personalities you’ll encounter. You’ll come across new cultures, languages, and social situations. In turn, you become more socially and culturally aware. Heightened awareness makes you a better communicator and person all-around.
Communication skills are vital as an entrepreneur. Words will make or break you when it comes to networking, team-building, and pitching your brand to investors. The more people you meet, the more you get to communicate, and the better you get at doing so.
When vacationing, it’s the people, not the places that make the trip worthwhile. The same stands true with entrepreneurship.
3. Better Prioritizing Skills
Unless you’ve got an endless flow of money, going on a vacation requires prioritizing your money and your time. You have to research vacation destinations, air fare, hotels, and entertainment. The more you travel, the easier your research becomes.
As an entrepreneur, you have to make the most out of your time and money. You’re responsible for balancing your hours between marketing, leading, and making executive decisions. At the same time you’re responsible for effective budgeting for growth decisions, unless you have an accountant you can ask to help you.
For instance, let’s say you’re putting together a marketing campaign. You have to determine the best marketing tactic that drives the highest ROI. You could hire a reputable marketing company like Square Ship to create crafty videos to showcase your company. Outsourcing marketing work is a known time and money saver. On the other hand, you could choose to build an in-house social media campaign.
Each option has pros and cons as well as differing costs. Outsourcing is typically a one-time or monthly fee. In-house work can be more expensive as you’ll need to pay your employee’s salary as well as pay for training needs and other benefits, then they are solely dedicated to your project.
Knowing how to prioritize your money and time in and outside of the office is an invaluable skill.
4. Build Your Passion
Running your own business is a true novelty. Friends and family members admire you for chasing your dreams. People watch your climb the ladder of success.
But behind the scenes, being an entrepreneur isn’t easy. It takes time, energy, and a lot of frustration. At the end of the day, It requires whole-hearted belief in your product. No one is fully aware of the hardships you’ve faced to build your startup, except for you.
Owning a successful business is your passion. At the same time, traveling also requires passion. You have to work hard to save money for your trips. You go through the stress of booking dates that mesh with your business calendar.
Entrepreneurship and traveling are one in the same. They’re both a choice and a journey. You have to put in work and effort for things to pan out how you want them to.
Take the time to celebrate your passion by taking a well-needed vacation.
5. Avoid Burnout
Answering the phone or responding to emails when you should be sleeping doesn’t make you a better entrepreneur. In fact, dedicating every minute of every day can hold you back from your true potential. A lack of sleep has huge impacts on your body including:
- Decreased productivity and creativity
- Lack of motivation
- Heightened stress levels
- Inability to concentrate
- Mood changes
Eventually the lack of sleep will catch up with you. You’ll hit a wall, physically and mentally. Workplace burnout is real and it can impact your success. High levels of stress and low levels of sleep are detrimental to yourself and to your start up.
Avoid burnout by taking a few days off. Go to a place where you can relax and leave business back at the office. Taking a vacation gives your mind the break it needs. Otherwise you risk making pertinent business decisions without a clear mind.
After a few days off you will come back more ready and focused than ever.
See traveling as more than a break from the hustle and bustle. Traveling allows you to refine your people skills without having to focus on numbers on top of the interaction. It also gives you a chance to rejuvenate yourself physically and mentally. So when you have a few minutes to spare, start planning your next get-away.
What country have you been dying to visit?
Where’s your go-to place for relaxation from the business world?
Tell me about it in the comments!