WARNING: This turns into a rant.
Itâs a grind.
Doesn’t matter who you are, 99% of business owners have to grind at one point onÂ their business journey. Whether the grind lasts a month, a year or 10 years, that all depends on how smart (not hard) you work and where you start from. I’m not talking about the âtough daysâ, I’m talking about the daily grind, when 10pm means getting started with work, and when 100% of your profits are re-invested and you’re making 10k a month but still eating super-noodles in a dark basement.
People laugh AT you.
I still experience this when I talk about my millionaire by 25 challenge. And although itâs disheartening and frustrating, you have to make the difficult decision of not surrounding yourself with people who laugh at you (that’s point 4),Â even if it means cutting some pretty strong ties.
The majority of people that laugh at you are grouped into 3 categories, once you understand it, it’s pretty easy to shake it off:
1.) They don’t understand.
2.) They’re jealous.
3.) Just a plain old a-hole.
Also 3 easy ways to deal with these people:
1.) Explain your ideas
3.) Walk away.
These reactions happen for a very simple reason and it’s quite sad really.
The sad fact is most people have become so ingrained in the process of making money slowly AKA the “set way to make a lot of money”. They don’t even think they could own a business or be self employed or make a million pounds in a lifetime let alone a year.
This “set way to make a lot of money” looks somethingÂ this: Step 1: Do well in school. Step 2: Go to Uni and do a good degree. Step 3: Get a good job with a good company. Step 4: Slowly rise in that company through hard work. Step 5: Retire at 65 with Â£100,000 in the bank, a nice house and a Rolex….
How many people have been pushed into this? Or at-least conditioned without even really realising it? The work hard for 50 years (school-Uni-Job) and at the end of it you can have a good retirementÂ model. Or even if you have a million in the bank. 50 years of following orders and rules and you get a million pounds and 10 maybe 20 years of enjoying that cash, providing you don’t freckin die. When did that become life? When did that become “the way to make a lot of money” and when the f*ck did that become what people considered successful….
Don’t get me wrong I was 100% CONVINCED this was the way less than a year ago, but when you truly sit down, get rid of your ego and think about it… It’s just pureÂ BS.
If you want to work 37.5 hours a week for 37.5 years or more, be my guess. Maybe you value security over happiness, or maybe you’re too scared to start a businessÂ both of which are terrible alternatives and can be translated to: “I don’t want to”.
But anyway to the alternative:
Step 1: Work hard and smart. Step 2: Keep working and re-invest everything. Step 3: Grow beyond belief, ditch the failures, grow the winners. Step 4: Profit / Sell.
One doesn’t take 50 years to achieve.
Failure is not the worst thing.
Although tons of business books and business professionals throw around the âfailure is a good thingâ â I don’t believe it’s a good thing, although important in the right places. Failure at the start of a business venture, can be fatal and not “a learning curve”. BUT from a progression point of view, testing and failing makes success that much quicker and is something to be proud of, not disheartened by.Â Better to try and fail than never to try at all.
Failure has also been kind of fun â When you test something that you thought would work and it just fails miserablyâ¦ You can laugh it off, write it off as a âbad ideaâ or âbadly carried outâ and simply move on. The quicker you move on from a bad or non-profitable idea, the quicker you can get to a goodÂ one.
Surround yourself with positive people.
95% of marketing/business books and guides never once mention your partner, family, friends, employees, employers or anyone you currently associate yourself with. Not sure if this is anÂ oversight, or most authors and writers simply believe itâs so freckinâ obvious that it doesn’t deserve to be mentioned. But surrounding yourself with people who care about you IS NOT ENOUGH. Yep, they care about you, not your sales, not your profit, not your business but you. Positivity is better than care.
Believe it or not the people who care about you, are often the ones that wonât support you in business decisions.
Because according to Forbes â 80% of business fail in their first 18 months. (Which you probably already knew right?) And so does your girlfriend, employer, mum, granddad, dog, best mate, and because of this they assume you will failâ¦.
âItâs nothing personal, itâs just stats!â
That means 4 out of 5 entrepreneur’s that I talk to will fail…. At their current project….But maybe not the next one, success is a mind frame not an idea.
Because a steadyÂ full time job paying you a bit more than you need to live off – makes you secure (and safe) from failing. And failure-prevention is what people thatÂ care about you, CARE ABOUT MOST.
Rather have a son / husband / friend with a good job, than the same with a failed business right?
Sidenote on this: Just because someone says they “believe in you” or some other BS term, doesn’t mean they do. Quit your job to start a business, then see the same individuals reaction (take it from me, it’s a very eye openingÂ test).
Being âself-employedâ is not the same as being on your own. Even if you are a one man gang, like myself, and probably most people reading this, you’re not alone. Talk, read, learn and you’ll be able to reach your goals long before you thought possible.
Stop surrounding yourself with complainers.Â
This is a big one, I’m not a “positivity hippie” or anything but there is nothing more annoying than someone who only moans and complains about their situation, whilst day in, day out, doing nothing about it.
Okay rant over!
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Thanks for reading if you got this far.