Articles > Top 3 Accountability Strategies For Entrepreneurs To Grow Their Business

Top 3 Accountability Strategies For Entrepreneurs To Grow Their Business

Being your own boss might not be the way to go if you lack accountability or have someone to be accountable to. Many entrepreneurs tend to forget that being accountable is what makes businesses grow and bring in the desired results. Not having an authoritative figure to be accountable to in business will lead to a very sluggish performance while in turn resulting in poor growth and financial deprivation. That is why learning how to be accountable and responsible in business is important for entrepreneurs to succeed and complete their assigned duties in a prompt fashion within quality constraint.

Being responsible and accountable is especially difficult for new entrepreneurs who came from a corporate environment, they are used to having an authoritative figure to be accountable to and who actually cared about their performance. Not having that over the shoulder pressure they are used to will lead to a very slothful attitude towards establishing their business and completing tasks in a timely manner. However, they are ways to overcome this lack of accountability in entrepreneurship.

1. Make a list of Tasks You Can Complete Throughout The Day

You can create a list of items you need to do to reach your goal, it can be anything from posting a feed on social media to making that important sales pitch, over time it will add up to a meaningful progress. You can also assign completion date to those tasks for efficiency.

This will give you a chance to compare your progress each day and an opportunity to pick tasks based on difficulty to complete with ease. Keeping this strategy in place, and doing it daily will lead to a very progressive and productive day.

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2. Tell someone about your intentions and goals

Keeping someone up to date throughout your projects will put pressure on you to complete those spoken tasks. Make sure the person or the group are familiar with the type of work you do or better yet another entrepreneur will suffice, as they understand the importance of fulfilling your duties to reach your goal and you can even do the same for them. Having this type of partnership can generate accountability and regular progress towards your goal.

3. Hiring a Professional Coach

Hiring a business coach to keep you on track is another way to fill that accountability gap, it is the same as the second strategy but with an encouraging element as the coach knows every detail about your business. A business coach understands the direction of your business and what you’re trying to accomplish, he/she will keep you accountable and give you the support needed to hit those targets on time.

Knowing where you’re heading with your business will make the coach’s job easier and more effective. With this type of support and encouragement, you will accomplish your objectives and generate the progress needed to grow your business.

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Creating accountability in entrepreneurship is very difficult, it’s the entrepreneur’s duty to find alternatives to fill that gap if they want to see any growth in their business. We’ve listed methods to stop you from hitting that snooze button, now it’s your responsibility to find the right strategy to help you complete daily tasks and progress towards accomplishing your objectives.

Further Reading

Entrepreneur | 15 Ways to Grow Your Business Fast

Virgin | Richard Branson: My four tips for growing a business