Imagine a sport where winning means having to lose at first.
Crazy right? A sport where the only way you can win is to first lose.
You’re probably asking WTF kind of sport is that?
It’s the game of entrepreneurship. It’s a losing game for winners.
Let me explain…
When we start out as entrepreneurs we overestimate how easily success will come and we underestimate how long it’ll really take.
This is the #1 business mistake that entrepreneurs make.
Are you tracking me so far?
And then you’ll lose more money, more time, and more peace of mind than you bargained for.
More losing.
This it’s why so many entrepreneurs fail.
They underestimate how much time, effort, and work it will take to be successful.
They put in work for a year, fail, and then give up, not realizing that entrepreneurialism is the ONLY game where losing (several times) is required in order to win.
But like I said a moment ago, this game is for winners, and what do winners do?
They never give up.
Because they never give up, they eventually discover the formula for success.
Here’s the formula:
– Fail
– Start over
– Try again
– Ask for help
– Be different
– Find a better way
– Try again
– Don’t give up
The successful entrepreneurs you see today executed this formula for 5-10 years.
This means to be successful, you have to pay your dues for 5-10 years for the chance to reap the rewards of success.
This also means entrepreneurship is a long-term game that can’t be won with one year worth of work.
The social media gurus will never tell you that, but I’m here to tell you the truth, not to be your best friend.
So if things aren’t going your way after 1-year, don’t give up.
Push forward. Fail forward. Ask for help. Keep trying.
But DO NOT QUIT.
The cost of success demands this from us.
To your success,
Bedros Keuilian