5 Reasons Why Every CEO Needs a Retreat

The concept of running a retreat isn’t a new one. Escaping from the difficulties of the world in order to reassess the direction of your business is a good idea, particularly if you are enduring a difficult period. Your retreat can be absolutely anywhere, from your family home in a nearby town to a hut in the middle of a forest somewhere.

The point is you are completely disconnected from your business and you have time to recharge your batteries. Here are five reasons why you absolutely need a retreat.

Gain Perspective

The CEO of Chicago company, PUREi, said that he needed to gain perspective when it came to his business. It’s easy to find yourself in an entrepreneurial bubble, and that can make it hard to have any perspective at all. It’s true that many entrepreneurs drown in work because it gives them a sense of safety, but this can also lead to stagnation.

You need the chance to look from outside the bubble and gain a relatively objective point of view.

Thinking is Work

Spending time to think can seem like a waste of time, but there’s value in taking some time to absorb everything that is going on. Taking time to reflect on the past and the actions you have taken can reveal mistakes you had never previously considered and areas where you could improve.

It’s the kind of work that only the leader of a company can do. But without that place to retreat to it’s hard to make time to just sit and think.

Connect with Other Professionals

A retreat doesn’t always have to be a solitary experience. There’s a market for business retreats where CEOs from all over the country gather at a beach or a ski resort for the weekend. Yes, you can share your problems and challenges with your peers, but it’s also a chance for networking.

Many CEOs have attended retreats and ended up doing business with the people they met there. When you connect with others like this it can open up new avenues for your company.

A New Idea

A group retreat isn’t just about networking it’s about talking to the only people who truly understand you. Entrepreneurs often feel like the loneliest people in the world because nobody can truly understand what they are going through, including their families.

Surrounding yourself with other entrepreneurs at a retreat can teach you a lot of new things. Retreats can teach you things you’d never previously known - whether that's a time-saving tool, a great hack like using fishbowl inventory or a business mistake you didn't know you were making.

Investing in Your Business

This is an investment in your business. It could be a solo retreat or it could be a group retreat, but it’s not going to cost you nearly as much as you think. The money isn’t a big deal unless you are doing something especially extravagant. The real cost to you is not doing it.

Last Word

There are so many great reasons to attend a retreat every so often. What’s your idea of the perfect business retreat?

Author:.

Jimmy Rohampton is a freelance writer, blogger and business consultant from Southwest London. He travels the world and helps people master blogging and online marketing at HowToCreateABlog.org. Think you're interesting and he should know you? Say "Hi" to him at Jimmy@HowToCreateABlog.org

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