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How to Be Patient in Business for Long Term Success

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how to be patient in business
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There’s perhaps no greater skill in business than patience. Some people have it while some people don’t. However, it can easily decide your success. Why is this? For the simple fact that everything that’s worthwhile takes years to cultivate. Name one person that’s an overnight success. There’s no such thing. It doesn’t matter if it was Steve Jobs or Warren Buffett, every successful entrepreneur hustled behind the scenes for years until they blew up.

In fact, the average business takes three years to become profitable. Are you willing to wait that long? Don’t worry if you’re a little on the impatient side, though. Today, I’ll be teaching how you to become more patient to solidify the success of your future if you keep reading.

Write down your goals and review them regularly

Doing business without any goals is like shooting in the dark. You won’t have any direction or aim. That’s why it’s crucial to write down goals you wish to achieve, such as:

  1. Reaching a certain amount of revenue
  2. Having a number of employees
  3. Expanding to certain locations

How does this help with patience? Well, having goals mapped out gives you a birds eye view of your business path. Giving them reasonable timelines to be achieved will help you see how long the whole picture will take to come together, making you less anxious about the short term.

Set milestones for every week, month, quarter, and year

Not only do you need overarching goals for each, but you also need milestones. These are small wins along the way to reaching the top of the mountain which keep you motivated and patient. 

People often set no milestones or key performance indicators and what happens? They become impatient because they see no improvement. If you start setting goals and KPIs to track for every week, month, quarter, or desired timeline, the progression you experience will feel extremely rewarding.

“A goal is not always meant to be reached, it often serves simply as something to aim at.” – Bruce Lee

Stay in the present moment

Getting stuck in your head and worrying about the future can be the bane of your existence. You want the accolades and success to happen now, but you’re not there yet. We call that cognitive dissonance: knowing where you want to be, where you are, and being stuck in limbo

You can snap out of this by simply practicing meditation. And it’s not just a bunch of spiritual mumbo-jumbo, either. Scientific studies have shown that people who meditate have more emotional balance, focus, and grey matter in the brain.

You want to do this for the rest of your life, don’t you? Do you love entrepreneurship? Do you want to earn a living working for yourself forever? Then you need to start acting like it. If you want to do this for the next 20+ years, what’s the rush? You have your entire life to become successful in business, not one or two years. Always keep this in mind when working because it’s easy to get caught up in wanting to see instant results.

If you’re feeling some kind of impatience or angst, it simply means that you’re not enjoying the journey but rather focusing on the results. This brings me to my next point.

Enjoy the journey and progressing

One of the most satisfying things as an entrepreneur is looking back and seeing all of the progress you’ve made. Sometimes it’s easy to get caught up in the daily grind that you forget you’ve come a very long way. 

Take the time every day to reflect on how much your business, income, and you as a whole have improved over the years. This positive habit will make you feel great and motivated to keep working to see more results.

Don’t worry about other people

Self esteem is the relationship you have with yourself. It’s all too easy to watch what other people are doing and feel like you’re not doing good enough. Snap out of it. You only have to compete against yourself. 

Spending time worrying about what others have and do is simply time you’re wasting not taking action. Learning to focus purely on your own progress and activities is a surefire way to develop patience because of this.

“Focus on you, until the focus is on you.”

Focus on what you need, not what you want

Tony Robbins once said that you should visualize your dream life and ask yourself “How much would I need to afford this?”. That number should be your main goal in terms of income. 

Furthermore, what do you really need to be happy? Do you want financial freedom? Good health and relationships while working for yourself? Be honest. You might not want the private jet and Lamborghini deep down. Aiming to obtain what you need puts you in the position to be happy and comfortable before shooting for the stars, as well.

Final thoughts on becoming more patient

Patience is a very underrated skill when it comes to being a successful entrepreneur. Having it is like a superpower. You don’t get caught up in the daily grind, but rather enjoy it while remaining confident you know you’ll be successful later. 

Writing down goals and milestones is a great way to begin working on your patience. Review them regularly and enjoy the progress you make.

Understanding that entrepreneurship is a life long journey can also put things into perspective. Build with the end in mind but practice staying as present as possible throughout the day. It’s also wise to tune out social media and worrying about what others are doing. You only need to compete against yourself and work on your goal lifestyle. Doing all of these things will transform your patience along with happiness and success as a result.

How do you cultivate patience? Share your wisdom with us below!

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Success Advice

Why One-Size-Fits-All Leadership Will Always Fail (and What Works Instead)

The surprising truth about leadership styles that can make or break your team’s success.

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Why one-size-fits-all leadership doesn’t work
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Leadership has always been as much about people as it is about performance. Ken Blanchard, in his influential book, “The One Minute Manager”, put it simply: different strokes for different folks. (more…)

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What Every New CEO Must Do in Their First 100 Days (or Risk Failure)

Your first 100 days as CEO could define your entire legacy, here’s how to make every move count

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The Leadership Shift Every Company Needs in 2025

Struggling to keep your team engaged? Here’s how leaders can turn frustrated employees into loyal advocates.

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Bridging the gap between employees and employers
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In workplaces around the world, there’s a growing gap between employers and employees and between superiors and their teams. It’s a common refrain: “People don’t leave companies, they leave bad bosses.”

While there are, of course, cases where management could do better, this isn’t just a “bad boss” problem. The relationship between leaders and employees is complex. Instead of assigning blame, we should explore practical solutions to build stronger, healthier workplaces where everyone thrives.

Why This Gap Exists

Every workplace needs someone to guide, supervise, and provide feedback. That’s essential for productivity and performance. But because there are usually far more employees than managers, dissatisfaction, fair or not, spreads quickly.

What if, instead of focusing on blame, we focused on building trust, empathy, and communication? This is where modern leadership and human-centered management can make a difference.

Tools and Techniques to Bridge the Gap

Here are proven strategies leaders and employees can use to foster stronger relationships and create a workplace where people actually want to stay.

1. Practice Mutual Empathy

Both managers and employees need to recognize they are ultimately on the same team. Leaders have to balance people and performance, and often face intense pressure to hit targets. Employees who understand this reality are more likely to cooperate and problem-solve collaboratively.

2. Maintain Professional Boundaries

Superiors should separate personal issues from professional decision-making. Consistency, fairness, and integrity build trust, and trust is the foundation of a motivated team.

3. Follow the Golden Rule

Treat people how you would like to be treated. This simple principle encourages compassion and respect, two qualities every effective leader must demonstrate.

4. Avoid Micromanagement

Micromanaging stifles creativity and damages morale. Great leaders see themselves as partners, not just bosses, and treat their teams as collaborators working toward a shared goal.

5. Empower Employees to Grow

Empowerment means giving employees responsibility that matches their capacity, and then trusting them to deliver. Encourage them to take calculated risks, learn from mistakes, and problem-solve independently. If something goes wrong, turn it into a learning opportunity, not a reprimand.

6. Communicate in All Directions

Communication shouldn’t just be top-down. Invite feedback, create open channels for suggestions, and genuinely listen to what your people have to say. Healthy upward communication closes gaps before they become conflicts.

7. Overcome Insecurities

Many leaders secretly fear being outshone by younger, more tech-savvy employees. Instead of resisting, embrace the chance to learn from them. Humility earns respect and helps the team innovate faster.

8. Invest in Coaching and Mentorship

True leaders grow other leaders. Provide mentorship, career guidance, and stretch opportunities so employees can develop new skills. Leadership is learned through experience, but guided experience is even more powerful.

9. Eliminate Favoritism

Avoid cliques and office politics. Decisions should be based on facts and fairness, not gossip. Objective, transparent decision-making builds credibility.

10. Recognize Efforts Promptly

Recognition often matters more than rewards. Publicly appreciate employees’ contributions and do so consistently and fairly. A timely “thank you” can be more motivating than a quarterly bonus.

11. Conduct Thoughtful Exit Interviews

When employees leave, treat it as an opportunity to learn. Keep interviews confidential and use the insights to improve management practices and culture.

12. Provide Leadership Development

Train managers to lead, not just supervise. Leadership development programs help shift mindsets from “command and control” to “coach and empower.” This transformation has a direct impact on morale and retention.

13. Adopt Soft Leadership Principles

Today’s workforce, largely millennials and Gen Z, value collaboration over hierarchy. Soft leadership focuses on partnership, mutual respect, and shared purpose, rather than rigid top-down control.

The Bigger Picture: HR’s Role

Mercer’s global research highlights five key priorities for organizations:

  • Build diverse talent pipelines

  • Embrace flexible work models

  • Design compelling career paths

  • Simplify HR processes

  • Redefine the value HR brings

The challenge? Employers and employees often view these priorities differently. Bridging that perception gap is just as important as bridging the relational gap between leaders and staff.

Treat Employees Like Associates, Not Just Staff

When you treat employees like partners, they bring their best selves to work. HR leaders must develop strategies to keep talent engaged, empowered, and prepared for the future.

Organizational success starts with people, always. Build the relationship with your team first, and the results will follow.

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