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A thought struck me whilst coming back from a walk in the forest this morning.
I was thinking on how potential success can be derailed for an article I am writing when, all of a sudden, I remembered a thread that I had contributed to, and had this thought that new entrepreneurs might misinterpret the meaning.
I had posted an image, a meme, a poster (whatever you want to call it) on a thread about mentally preparing yourself for the highs and lows of entrepreneurship. The image was this one:
My worry was that people could easily see this as just trying one business idea, then another, then another and so on and so forth until they hit on something that worked. Although a certain amount of this is almost inevitable, it is far more powerful if you look at it in a linear way. With one business model, one idea, one single point of focus.
You see the simple truth of the matter is:
You get better at the things the persist in.
I often read on here intro posts where someone says "I tried Forex trading, drop shipping, online poker, property developing, Amazon FBA, Cryptocurrency, Digital Marketing, Copywriting, book writing, Blogging, Podcasting etc. etc.. and failed". The list goes on and on.
All of these business models have made people millions of dollars so they do work. But only if mastered. If you persist through the failures. Learn from them. Course correct and move forward. However they will all fail if you don’t follow through. If you fail to persist.
Now I am as guilty as the next man for throwing in the towel well before I have mastered a subject. I have done so many, many times in the past. But I have also persisted in several areas in life and, although I might not be a world master, I have earned a comfortable living from them by being in the top 10%. Now that might seem a lofty goal but I can assure you it doesn’t take much extra effort to reach the top 10% if you persist. You see most people are just happy to be mediocre. As soon as they reach that level of average they take their foot off the gas. The problem is mediocre does not make you stand out from the crowd, and that is what you need to do if you want to be truly successful. Be it a better product, better strategy, better service or better analysis. But if you strive to continue to improve you can’t help but beat the opposition.
So once you have a business idea that meets all the criteria you set for yourself don’t give up when things get hard (which they invariably will). Know that the harder it is the more rewarding it will be when you eventually overcome those obstacles and frustrations and truly master it. Be content in the knowledge that there will be far less competition as many, many people will have thrown in the towel on that very same journey. And, once you break through, don’t take your foot off the gas. Push on, don’t slacken. Persistence is the key as you will keep getting better and better, putting more and more distance between you and those content to wallow in mediocrity.
I was thinking on how potential success can be derailed for an article I am writing when, all of a sudden, I remembered a thread that I had contributed to, and had this thought that new entrepreneurs might misinterpret the meaning.
I had posted an image, a meme, a poster (whatever you want to call it) on a thread about mentally preparing yourself for the highs and lows of entrepreneurship. The image was this one:
My worry was that people could easily see this as just trying one business idea, then another, then another and so on and so forth until they hit on something that worked. Although a certain amount of this is almost inevitable, it is far more powerful if you look at it in a linear way. With one business model, one idea, one single point of focus.
You see the simple truth of the matter is:
You get better at the things the persist in.
I often read on here intro posts where someone says "I tried Forex trading, drop shipping, online poker, property developing, Amazon FBA, Cryptocurrency, Digital Marketing, Copywriting, book writing, Blogging, Podcasting etc. etc.. and failed". The list goes on and on.
All of these business models have made people millions of dollars so they do work. But only if mastered. If you persist through the failures. Learn from them. Course correct and move forward. However they will all fail if you don’t follow through. If you fail to persist.
Now I am as guilty as the next man for throwing in the towel well before I have mastered a subject. I have done so many, many times in the past. But I have also persisted in several areas in life and, although I might not be a world master, I have earned a comfortable living from them by being in the top 10%. Now that might seem a lofty goal but I can assure you it doesn’t take much extra effort to reach the top 10% if you persist. You see most people are just happy to be mediocre. As soon as they reach that level of average they take their foot off the gas. The problem is mediocre does not make you stand out from the crowd, and that is what you need to do if you want to be truly successful. Be it a better product, better strategy, better service or better analysis. But if you strive to continue to improve you can’t help but beat the opposition.
So once you have a business idea that meets all the criteria you set for yourself don’t give up when things get hard (which they invariably will). Know that the harder it is the more rewarding it will be when you eventually overcome those obstacles and frustrations and truly master it. Be content in the knowledge that there will be far less competition as many, many people will have thrown in the towel on that very same journey. And, once you break through, don’t take your foot off the gas. Push on, don’t slacken. Persistence is the key as you will keep getting better and better, putting more and more distance between you and those content to wallow in mediocrity.
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