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How To Stay Productive & Motivated When You Work For Yourself


As a trader, it’s very likely you are currently or will one day be working for yourself. Although it sounds appealing initially, it also presents several challenges. It’s not always easy to stay productive and motivated when you work for yourself.

The pressure is all on you to get up and get going and there’s no one looking over your shoulder. If you want to be successful as a trader and have a more flexible schedule and lifestyle then it’s in your best interest to learn tips that will help you thrive even when no one else is watching.
 

Create Daily & Weekly Goals

One way to stay productive and motivated when you work for yourself is to create daily and weekly goals for yourself. You should start each morning reviewing your goals to get in the right headspace. It’ll keep you productive and motivated because you’ll see that there is hard work that needs to be done if you’re going to get ahead in your career and make money. Be willing to revise and revisit them based on the results you’re seeing and always make sure they’re top-of-mind so you stay on track.
 

Set up an Office Space

It’s also wise to establish a dedicated workspace where you go to concentrate and trade. You want someplace that’s quiet and away from any noise. You’ll be more productive and stay motivated to work hard when you’re in the zone and not thinking about anything else for the time being. Take the time to personalize your space and decorate it and get the right tools, equipment, and software so you’re prepared to sit down and trade and monitor the markets each day.
 

Have A Routine

Another way to stay productive and motivated when you work for yourself is to get into a daily routine. You don’t want to wake up each day not knowing what your schedule holds. For instance, you may want to wake up and review business help articles that will help you do your job better and become a more skilled entrepreneur. After you have a clear head and feel ready to go you can then begin trading and take a break for lunchtime when you get hungry. Set a hard stop each day when you’ll be done working so you don’t get sucked in and stay up too late and not get good sleep.
 

Make A Checklist

You can stay productive and motivated when you work for yourself by making a checklist of what you want to get done. You should write it down so you can visually see it and physically check items off the list as you complete them. For instance, you may want to spend some of your time during the day doing research or figuring out what changes you want to make to your trading plan. Use your checklist to ensure you’re completing tasks that are getting you one step closer to reaching your goals and becoming a better trader.
 

Take Breaks

Self-care is essential when you work for yourself and you want to stay productive and motivated most days. Therefore, take breaks and set an alarm if you need to, and walk away from your desk area and office. Go get water or a snack and stretch your legs for a few minutes. It’ll give your brain a nice break from thinking and you’ll return to your desk and the markets feeling refreshed. Trading takes a lot out of you mentally and you must have solid emotional intelligence. These breaks and rest periods will help ensure you avoid making any emotionally charged decisions as you trade.
 

Celebrate Your Milestones

It’s also important that you stop and celebrate even your little milestones along the way. Stay productive and motivated when you work for yourself by acknowledging what you’ve achieved so far on your own. Review your list of accomplishments and take a few moments to pat yourself on the back for all your hard work and dedication. You must be your own cheerleader and continue to push yourself forward if you’re going to keep excelling.
 

Limit Distractions & Interruptions

Finally, stay productive and motivated when you work for yourself by limiting distractions and interruptions. For example, turn off your phone and email notifications and close your office door when you need to concentrate. Allow yourself breaks to play on the Internet or do other activities but then when it’s time to work you must truly focus your energy and efforts on what you’re doing and what’s in front of you if you’re going to succeed. 

This is a contributed post.

 

Edited by Kim

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