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Bitter Truths that will Help You Succeed as An Entrepreneur

Successful entrepreneurship is developed over time. It comes with pain, wisdom, and glory. It requires great sacrifice out of several trials and great failures while exploring the dark to bring light, life, and hope into the World. In the words of Winston Churchill “Success is stumbling from failure to failure with no loss of enthusiasm.” Despite great failures, entrepreneurs continued to achieve great success from the bedrock of past failures. As we explore further, remember that “Pain is temporary. Quitting lasts forever.” – Lance Armstrong.

Tortoise asked his children, how many times will something happen to you before you learn? Some of them responded, one time, others two and three times. But the wise old tortoise told his children that, bad or good things don’t have to happen to you first, you learn from other people’s experiences.

Leo Babauta, a best-selling author, and an entrepreneur said “I started too late – because of fear of failure or a lack of belief in myself. I toiled in a job I hated for a long time, instead of starting a blog or building a business I loved.

Knowing what I know now, I’d have started a decade earlier. Not starting is the worst-case scenario.”

I sincerely hope we can learn from Leo Babauta`s experience.

Another experience we can learn from was shared by Hiten Shah who co-founded two wildly successful analytics companies with KISSmetrics and Crazy Egg. Hiten said, “My co-founder and I spent $1,000,000 on a web hosting company that never launched. We were perfectionist so we built the best thing we could without even understanding what our customers cared about.

We have now learned to spend smart, optimize for learning and focus on customer delight.”

We have all failed at one point or the other, but the real failure is learning nothing from our mistakes.

Here are some hustle tips to consider…

  1. Hard work is not Enough: Sydney Sweeney once said “Hard work pays off. The Harder you work, the more people will notice.” But I personally feel hard work is not enough, but a combination of preparation, hard work, and learning from failure is the secret recipe for success. Colin Powell said, “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.”
  2. Passion for business does not mean constant stress: It is common to face stress when running a business, but when it occurs frequently, and it negatively affects your health physically and mentally, then it is bad for you and your business. Stress can cause psychological, emotional, and physical problems, which would affect your health, agility, mentality, strength, and total well-being. The effects of stress can cause damage to your relationship with people at home and at work; if that happens, it will reduce your level of productivity and cause a lack of concentration.
  3. Don’t Let Self-Esteem Deceive You: Is this phrase familiar to you, tell yourself, “I am doing the best I can with what I have at this moment.  That is all I can ever expect of anyone, including me.”  Loving yourself and being proud of everything you do is good, but you also must tell yourself the bitter truth when you make mistakes, honest self-appraisal can be a strong motivation to succeed.
  4. You do not need money to be a successful entrepreneur: Money is not the only measure of success as an entrepreneur. Even if you are excellent at your business, you might occasionally wonder, “What’s the point?” This is because you are beginning to wonder about your impact on the world.
  5. Starting early is not always right: “Entrepreneurship is a young man or woman’s game, right? I mean, it involves endless hours, lots of sacrifices, and precludes any sort of family life…right? Not so fast — the annals of entrepreneurship are full of stories of older entrepreneurs changing the game.” -Amanda Mccormick

Finally, it is good to work hard but it is not enough, it is good to be passionate about your business. Do not include constant stress. it is good to have self-esteem. Be sincere enough to accept that you have messed up, feel bad about it, and make a conscious effort to clean the mess. Money is good but impacting on the World is better, and lastly, you are not too old nor is it too late to take a dive into creating impact through your business. Remember, “Hustle beats talent when talent doesn’t hustle” – Ross Simmonds.

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