I write this post to share with you the biggest problem of entrepreneurship (imo) and solutions which I’ve found to help to solve the problem.
Human beings just happen to be involved and engaged with the idea – but only until they feel they don’t like to be it anymore. That’s a problem when trying to make your own company. For sure there will be days you don’t feel like continuing, but the company never succeeds if the entrepreneur quits when feeling tired. Unlike day job, in your own business there rarely is anyone to kick your ass to get you up at morning and keep going even if you wouldn’t feel like it today.
When tired, learn to rest, not quit.
(Tired could be also read as “forgetting the original reason why we’re doing this”.)
I’ve found two very good solutions to this problem.
- Mentorship: Get a mentor. If needed, give a small share of your company to the guy, who helps your shares to become valuable. As a mentor I’d recommend to get an experienced entrepreneur with whom you can enjoy spending time and who has likely done similar business before. If you’re doing direct sales / network marketing, you’re lucky guy, mentor should be included in your business automatically. If not, you have to find someone interested and experienced by yourself. Get on your feet, go out and network with people. Easier said than done. You should find someone who has already the experience, then maybe offering a lunch and finally convincing him about your business and motivating him to mentor and motivate you. Luckily there is some networking events, programs etc nowadays even especially designed to create mentorships.
And the lazy (read: “wise“) way I found very useful lately: In Stockholm there’s an app called “Lunchback”. There’s lots of people who are interested to be mentors. Their Linkedin-accounts are connected, so you can stalk them in advance. When found a great candidate with suitable skills, you can offer him/her a lunch. So it’s like Tinder for entrepreneurs (and other people who are networking). The point of the mentorship (for example) is, that there is someone just kicking your ass, setting goals with you and asking how have you proceeded with the goals. It’s better to give 5% of your company to the guy who kicks your ass to make it a $million-business, than having 100% of nothing by yourself.
- Self motivation: This is nice. My life turned upside down when I learned this. How to brainwash yourself?
Basically the point is to realise how much personal feelings at the moment affect in working. Are you inspired or did someone just convince you that your idea is going to never work? After realising this, it’s (almost) just logic. Working is related to feelings, so it’s important to be able to be inspired and motivated as often as possible, so your working is as effective as possible. (Sidenote: I believe that burnout doesn’t come because you did too much what you like, as hobbies≈business. I believe burnout comes doing too much something you’re not really motivated to do.) So get motivated. Basically feelings can be affected more easily than one even normally thinks. The challenge here is that you have to figure out what is the thing or ritual that gets you motivated. Again, if you’re doing network marketing, you should have this included in your business automatically. Maybe you have some kind of pre-designed system including audiobooks / meeting other friends weekly. But if not, you have to figure it out yourself. I would say try to find out something which you can do whenever wherever. As I like music very much, my ritual is just a few favourite songs from my earphones anywhere where I am. And then I’m on fire and ready to win the world. (You can try to check Youtube e.g. “entrepreneur motivational video”.)
Challenge: When feeling not inspired, you often don’t even feel wanting to get inspired. It’s like rat race. Because you don’t feel inspired, you don’t want to feel inspired. And this is how you’re not going to get inspired and get things done. So after finding your own ritual (e.g. top songs) or whatever, there is an important preparation to be done.
Solution: Do the preparation: The execution of your “ritual” should be as easy as possible. Optimize it to the very end. Have your earphones always with you and the playlist ready on the home screen. Because when feeling not-inspired, you’re potentially not going to start researching good songs. That point it have to be easy and idiot-proof.
If you have something to add or
if you have found an other strategy to stay motivated,
please share even a short comment, I would appreciate!
The writer is an exchange student from Aalto university, Helsinki, where he studies Information Networks. Practically it means really focusing on nothing specific, but studying a lot of subjects other engineers usually don’t; business, communication, networking, design, philosophy, etc. Meanwhile living dream life as serial entrepreneur and investor, with around five different businesses (and counting), but non of them as big as should be…yet. Trying to graduate as fast as possible to be able to put full effort in the business & investing. Basically he is “the lazy guy” who is very busy trying to be able to do nothing (≈ definition of an entrepreneur) and planning to retire at 40’s. Loves entrepreneurship because of the chance to define he’s own rules; especially making money “without working”. Hobbies include travelling only (but often) if it makes him money.