People ask me all the time what it's like to be an entrepreneur. This video is pretty accurate:
Every rising entrepreneur expects to hit a grand slam right away - and that just isn't realistic. The reality is there's so much more to it than just hitting the big home run. My problem is that 750,000 small businesses closed in the US last year and only 600,000 new small businesses opened.
If you can come up with a new idea based on something you enjoy doing, something that may help the community and make you a decent living, that's unbelievable!
Guys like Mark Zuckerberg, Bill Gates and Richard Branson are rare anomalies. Reaching their level of success should not be your objective. It's the same mindset that kids who want to play in the NBA or NFL should have.
If you want to know what it's like to be an entrepreneur, you better be ready for the roller coaster. Get ready to get on the sail boat and deal with all kinds of diversions like wind. You have to be ready to adapt to all kinds of highs and lows.
Being a successful entrepreneur is not what most people think. You're often in a dark, lonely place. You're thinking about alternatives and solutions that nobody else sees, hoping eventually people will understand and utilize what you took the time to create.
Your mind is constantly filled with questions.
Can I really do this?
Is this really going to work?
What if it fails?
What if I completely guessed wrong?
What am I not thinking of?
It's not like there's a book that has the answer or a simple Google search to cure your stress. You're pushing to the brink trying to think of your last idea until you suddenly realize you've been on the elliptical far too long.
At the end of the day, you need to get off the elliptical and realize you accomplished nothing. Your idea didn't mature, and you may have even taken 2 steps back until suddenly 3 months later it finally hits you. That's how vulnerable you are, how out there you are, and how deep you are into it. You just can't let it go.
Imagine being on a highway with no signs, no stop signs, no gas pumps - nothing. You have no idea when it's going to end or where it's going to take you. It's exciting since there's no speed limits, but you start to wonder eventually if it's worth it.
I'm not here to discourage anyone, in fact I encourage entrepreneurship, but only under the right pretense. You have to make sure you have the right stamina to fight through the next thing you want to accomplish. If the only thing you want is the money, you're not only on the wrong path, you're sprinting in the wrong direction enthusiastically.
Song of the Day: "A Million Dreams" from The Greatest Showman
*My latest book; "Living on Purpose: Stories about Faith, Fortune and Fitness that will lead you to an Extraordinary Life", is NOW available! Click here!*