No one ever said that starting a business would be easy. However, even if you understand there will be challenges when you first start to develop entrepreneurial aspirations, you can’t be completely prepared for what lies ahead.
Before they reach success, every entrepreneur finds there are certain lessons which can only be learned the hard way, Here are a few of them:
1. If you’re not moving forward, you’re moving backward
The world is a dynamic place, and nothing is ever standing still. You have to constantly push forward and advance just to avoid falling behind. Change along with your environment or exert the strength necessary to change your environment to suit your needs. Either option will require a commitment to innovation.
Unwillingness to change doesn’t necessarily equate to perseverance; it just means that you’re going to follow your set path regardless of whether it leads to success or failure.
“If everyone is moving forward together, then success takes care of itself.” – Henry Ford
2. Some people won’t like you
Setting a goal to avoid having any enemies seems like a really nice idea. However, it’s not a particularly realistic one.
The truth is, some people simply aren’t going to like you. Bending over backwards to please everyone will only strain your quality relationships and exhaust energies on people who won’t appreciate the effort. When you are faced with someone who is committed to disliking you, it’s best to just come to terms with that fact and move on.
3. Your priorities will probably change
Many people assume entrepreneurship and ‘being your own boss’ means exponential amounts of free time. In reality, your new business venture will likely demand more of your resources than your previous work life. As a result, some of your priorities will need to change. It’s important to recognize early on what you are and aren’t willing to sacrifice.
It’s also important to realize that just because relationships and activities change, doesn’t necessarily mean the change is for the worse. For example, occasionally, a Saturday morning with the kids might be an all-family envelope-stuffing party rather than lying on the sofa watching cartoons. That’s ok. Look for ways to maintain quality time in light of your new situation.
4. If it were easy, it wouldn’t be nearly as much fun
Yeah, it’s going to be tough, but that’s what makes entrepreneurship so great! If the path to success were a gentle, consistent upward incline, it wouldn’t be much of a challenge. And if it weren’t a challenge, you wouldn’t feel the sense of accomplishment or self-worth.
Remember that concept when you’re confronted with the constant highs and lows. When the going is good, take the time to look back and see how far you’ve come. When you’re feeling down and out, focus on the inevitable highs that will accompany your determination and perseverance.
5. Your ability to be a team player is one of your most valuable assets
Personal development author Brian Tracy said, “Successful people are always looking for opportunities to help others. Unsuccessful people are always asking, ‘What’s in it for me?’”
Teamwork is essential for success. Look for opportunities to connect with other people and strengthen both your efforts. That might mean mentoring someone, attending local networking events, presenting at industry conferences, or spurring on your coworkers and employees.
You’ll be amazed at what you can accomplish when you accept the fact that two minds are better than one.
“Great things in business are never done by one person. They’re done by a team of people.” – Steve Jobbs
6. Consider ‘expert’ opinions, but stay true to what you know
New entrepreneurs often follow the advice provided by ‘experts,’ then later realize that advice is faulty or impossible to implement. When that happens, entrepreneurs often blame themselves. Could it be that they’re simply not good enough to make a foolproof strategy work for them? Not necessarily.
Taking advice is not a bad thing, however, you shouldn’t blindly follow what someone else says simply because they have more years’ experience than you. Take your own experiences, capabilities, and preferences into consideration. Then, use your own personal insight to evaluate the effectiveness of any suggestion before you put it into practice.
If you know something is true—whether based on your own past experience or a gut feeling, act on that knowledge. Don’t disregard what you know for what someone else says. Your own intuition, first-hand experience, or hunch got you into this situation; don’t disregard everything you’re passionate about on a whim.
There are probably hundreds of realities you’ll uncover during your entrepreneurial adventure. However, you’ll only make those revolutionary discoveries if you take a chance. Don’t sit on the sidelines, afraid and guarded, just because you are uncertain of what the future holds.
Get out there and experience life. Make your own mistakes along the way!
What did you learn about entrepreneurship when you jumped into it? Leave your thoughts below!
6 Reasons Why More Women Are Turning To Entrepreneurship
There are a lot of challenges that women are facing in the modern world. And it gets doubled when they try to break through the glass ceiling of male-centric stereotypes in the workplace. But you should know that you can’t achieve greatness with a small mind, and getting into an entrepreneurship journey is extremely rewarding. (more…)
5 Major Challenges Female Entrepreneurs Face in Business Today
The business world is mostly dominated by men. But over the years, we’ve seen countless women entrepreneurs rise above expectations and defy norms. The number of women-owned businesses in the U.S. increased by 114% within the last twenty years, of which 70% were started by women of color. The reality is that women are playing an important role in driving global economic growth. However, despite women’s massive success, they still face challenges today that most of their male counterparts don’t. (more…)
To All Entrepreneurs, Stop Being One-Sided
When starting out, it is an uphill battle for many entrepreneurs to find their voice in their industry and get their business out there. Just like you may have experienced when job hunting back in the day, employers wanted you to have a certain number of years experience in the industry, but no-one actually wanted to give you that experience. A catch-22 that can feel totally unfair if you know your own capabilities and just want the chance to prove yourself. (more…)
The Mindset That Keeps Successful Entrepreneurs Sane on Social Media
Social media may have been around for the better part of two decades, but society is still learning the effects such technology has on our mental health. For emerging entrepreneurs, social media is a double-edged sword. Now more than ever before, we can start conversations and share our wins and successes, but we can also waste time chasing meaningless attention. At worst, we can suffer feelings of inadequacy and anxiety. (more…)
Are SMART Goals Holding You Back?
5 Ways To Invest In Yourself and Change Your Life
How to Turn Inward and Detox Your Mind
4 Important Success Lessons You Can Learn From Avengers: Endgame
Here’s How You Can Succeed at Any Stage in Life
55 Inspirational Quotes That Will Change Your Life
(Images) 52 Motivational Picture Quotes For An Epic Year Of Success
30 Famous Quotes That Will Inspire Success In You
40 Rare Motivational and Inspirational Picture Quotes
72 Positive Thinking Quotes For More Inner Strength & Growth
3 Prince EA Videos To Change Humanities Path To Greatness
(Video) What Is Success? An Entrepreneurial Story To Inspire You
(Inspirational Video) What If Today You Knew You Were Going To Take Your Last Breath?
How To Make Enough Money From A Blog To Quit Your Job – Kate McKibbin
How Finding Your Passion And Becoming An Entrepreneur Can Lead To Happiness – Chiquita Searle
- Success Advice3 weeks ago
3 Things You Should Tell Yourself Everyday If You’re Serious About Success
- Success Advice4 weeks ago
3 Mindset Tactics You Can Borrow From Extreme Sports Athletes
- Life2 weeks ago
5 New Habits to Help You Cultivate a Growth Mindset
- Success Advice4 weeks ago
Overcoming the Fixed Mindset Mentality
- Life3 weeks ago
A Cleansing: The Mind Wash You Didn’t Know You Needed
- Success Advice2 weeks ago
How to Develop Your Strengths According to Peter Drucker
- Success Advice4 weeks ago
How It Started VS How It’s Going: 5 Inspiring Success Stories
- Success Advice2 weeks ago
5 Reasons Why 90 Day Cycles Guarantee Success