Becoming an entrepreneur has never been easier, yet more people than ever still end up failing to make their dreams a reality. Sadly, I still count myself in that last category of people who have yet to achieve their entrepreneurship goals, it’s not for a lack of will or work ethic though – so let’s explore what it really takes and where many others like myself have gone wrong.
1 – Be Prepared to Fail (a lot)
I can’t count the amount of different ventures I have dived into over the last 3 years in the pursuit of realizing my entrepreneurship goals, but I do know how it felt each time I came to the conclusion that one was a failure – It’s like a massive kick in the balls. If you don’t have balls, you’ll just have to take my word for it, but it hurts – a lot!
All that time and effort invested on something that you were once so sure would shoot you to where you wanted to go. I guess a good analogy would be that it’s like playing snakes and ladders (I’ll assume everyone has played it). One minute you’re riding high and zooming to the finish line, then wham, something happens and you realize that you’re sliding back down the board on the back of a snake, thinking, where did it all go wrong?
The main thing here is to never give up! Keep reaching for those goals and be prepared to cut your losses when needed. It doesn’t mean that you won’t get there in the end, just that there’s a different path you need to take. Remember that every failure is a learning opportunity, it’s up to you to make the most of it.
2 – Stop “Trying”, Start Doing
I’m not sure where I first heard this, but it’s SO TRUE. So many people will tell you that they tried this or that and it just didn’t go anywhere. I’m just going to say it – trying is for chumps. If you want to win at this game you have to put some skin into it. Be prepared to go the distance and never give up. “Trying” is wiener talk for – I’m not fully committed to this, and failure is almost expected.
Grow a pair future entrepreneurs, dive in head first and don’t die wondering – starting is half the battle.
3 – Give It Time to Succeed
This is where I need to heed my own advice – so take note Glen.
Entrepreneurs naturally want to succeed. It’s why we want to become entrepreneurs in the first place – to do something worth doing. It’s rare though, that whatever it is you’re trying to do will happen either first time around, or in a short time period. They same Rome wasn’t built in a day, and the same can be said for every single fortune 500 company out there.
Do you think Bill Gates, Warren Buffet, Steve Jobs, Jeff Bezo, Elon Musk, Sergey Brin and Larry Page all woke up one day and said “hey, today’s the day I’m going to do something that changes the world”? I highly doubt it. They each started at square one and worked bloody hard to get to where they wanted to be – all based on an idea that they had, which they were passionate enough to see through to fruition.
Sure it’s OK to cut your losses when there is a better prospect out there, or all avenues have been explored. But sometimes you also need to have that extra level of belief in yourself and your idea. What could happen with just a bit more time and effort? It’s always darkest just before the dawn – or so they say.