How to Become Confident As a Manufacturing Business Owner

Mike Veny

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How to Become Confident As a Manufacturing Business Owner

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When it comes to being a business owner, mental health is more than just trying to reduce your stress. It also accounts for building confidence and believing in yourself. While it can be challenging to do this when you’re in a leading role (especially a business owner), you will need this positive mental health to thrive. You can’t just do it overnight; you’ll have to incorporate changes to better believe in yourself. So, here is what you need to know about becoming confident as a manufacturing business owner.

Assessing the way you perceive yourself

Performing a self-assessment is a good way to learn about your strengths and weaknesses. It also shows your employees and investors that you are willing to learn and grow. However, it is important to ensure that you provide the best possible feedback. Your self-assessment should be focused on your accomplishments. It should also highlight areas of improvement.

You should not focus on your shortcomings and criticize your team or clients. It is important to emphasize how your accomplishments have benefited you and your business. This will help you to motivate yourself to accomplish more. For instance, maybe you discovered that the business needed to incorporate Hydroforming for the plant to become more efficient and sustainable. Give yourself credit; you’ve earned it.

Taking responsibility for small mistakes

As a business owner, taking responsibility for small mistakes is an important component of building your credibility as a leader. It demonstrates accountability, integrity, and a commitment to helping others avoid mistakes. This allows you to build trust and respect among your employees, giving you the confidence you need to keep moving forward.

 It is important, to be honest about your mistakes and apologize for them promptly. You should also have a plan in place for how you will remedy the situation. You may want to volunteer to work an extra hour or two or take on a project from a coworker to rebuild trust and accountability.

Keeping track of your daily accomplishments

Keeping track of your daily accomplishments is necessary if you are in charge of a manufacturing company. You must make important decisions, service your existing clients, and follow up with prospects. You also have to monitor your inventory, machinery, and financials. Finding the time to fit everything in can be tough, but the effort will pay off in the long run. If you manage your time well, you can spend more time in the office and less on the road.

Developing a thick skin for criticism

Developing a thick skin for criticism as a business owner is essential for surviving and thriving in today’s business world. This even goes for factories and manufacturing plants, too. If you need to be more resilient in handling criticism, you may be overwhelmed and unable to achieve your goals. 

Mike Veny

Mike Veny won Corporate LiveWire’s 2022 & 2023 Innovation & Excellence Awards for his work as a Certified Corporate Wellness Specialist®. He also won NAMI New York State’s 2023 Leader Of Mental Health Awareness award. As a PM360 ELITE Award Winner, he was recognized as one of the 100 most influential people in the healthcare industry for his work with patient advocacy. Determined to overcome a lifetime of serious mental health challenges, Mike’s career began as a professional drummer and evolved into becoming a change maker in the workplace wellness industry. Mike is the author of several books, including the best-selling book, Transforming Stigma: How to Become a Mental Wellness Superhero. He is currently furthering his knowledge at Maharishi International University, pursuing a Consciousness and Human Potential degree.
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