Entrepreneurship is not for the faint of heart. While many romanticize the idea, the path to success is less idyllic.
It’s true. Passion is critical, but there are other, equally important factors to consider. Perseverance, for one, can make or break your ability to escalate a goal into fruition. “Talent counts, but effort counts twice,” says University of Pennsylvania psychologist Angela Duckworth, and author of Grit: Perseverance and Passion for Long Terms Goals. Sustaining effort over long periods of time is necessary to avoid the “plateau of arrested development,” which breeds mediocrity and invites the tendency to abandon tasks, Duckworth noted in a recent talk. This is a particularly salient point for entrepreneurs.
But affirmative skill sets aren’t the only thing entrepreneurs need to be successful. Learning to navigate core challenges along the way is also par for the course. If you are serious about becoming an entrepreneur, roll up your sleeves. There are no short cuts, passes or easy ways out. And, how well you perform while in the trenches will determine your success.
Are you prepared to confront the challenge of entrepreneurship? Consider the following aspects of trench work.
1. Fear.
Fear is a common, yet very unpopular emotion. And, sometimes it can feel downright ominous. Truth be told, we’ve all felt it at one time or another. But, when internalized, it can have a crippling effect on your psyche, segueing to doubt, disillusionment and hampering your ability to make steady progress. Instead of becoming a casualty of fear, entrepreneurs must embrace it to courageously address the message that it represents. By becoming more self-aware, you may discover that additional preparation, caution or simply a change in mindset is all that’s required to effectively confront your fear. The bottom line? Fear–whether of failure or success — is only a stumbling block if you allow it to be.
2. Distractions.
The average attention span is eight seconds. Distractions cut that shelf-life in half. Are you willing and able to surrender your preoccupation with things that matter the least, for the benefit of those that matter the most? This means prioritizing needs and long-term gratification, over immediate, temporary satisfaction. You must also recognize the kind of distractions you experience most frequently and their potential to throw you off course. A key component of dealing with distractions is to develop a mechanism for confronting them when they arise. Being proactive and consistent is essential to successfully overcoming them now and in the future.
3. Work ethic.
Are you motivated by the carrot or the stick? Whatever drives your decision-making process will also be an important force in shaping your work ethic. A hearty combination of both the quantity and quality of effort put forth will compel your results. For example, staying up late or getting up early may be required to meet a critical deadline. But make no mistake: Working hard does not equal working smart. Be intentional about how you organize your time and specific about the results you seek. Strategy and execution are inextricably linked to your ability to produce precise outcomes. If you are willing to do the work, then the writing is on the wall and destiny is yours for the creation.
If the trench work of entrepreneurship emboldens your resolve — high-five. You’ve conquered half the battle. Now go and do the work. [Original Source]
More from my site
How to be sure that you have found the Right Business Partner- by Eustan Ventures
The Success Mantra- Stay Focused, Eustan Ventures
Starting a company? Read this before you do it- Eustan Ventures
Building Castle from Scratch, Inspiring Stories of Entrepreneurs
If self doubts finds a way in, show it the way out. Why and How?- Eustan Ventures
India Needs a Massive Women Investment Fund More Than the US
9 Responses to “Navigating the 3 Great Challenges of Entrepreneurship”
Leave a Reply
What’s up,I log on to your blogs named “Navigating the 3 Great Challenges of Entrepreneurship | eustan” on a regular basis.Your story-telling style is witty, keep it up! And you can look our website about [url=http://www.matb3aa.com/%D8%A7%D8%BA%D8%A7%D9%86%D9%8A-%D8%B4%D8%B9%D8%A8%D9%8A]تحميل اغانى شعبى[/url].
Nearby and regional visitor info is offered by the California
Welcome focus on Coast Highway in Oceanside including
routes.
My site: oceanside ca news update
Good way of explaining, and fastidious paragraph to obtain data on the topic of my presentation subject, which i am going to present in academy.
Thank you for the sensible critique. Me and my neighbor were just preparing to do a little research about this. We got a grab a book from our local library but I think I learned more from this post. I am very glad to see such wonderful information being shared freely out there.
Your ability to reflect on your journey will stand you in good stead Steve, thanks for sharing
HEY HEY its my comment
http://www.wp.de
très bien hair bundles! satisfaite en compagnie de mien acquisition, vendeur serieux ego
Jess B^If you know someone that loves Boba Fett but doesn’t always want the traditional design, this is a great shirt. The design is more abstract/arty than others I’ve seen. It was a gift for a Boba Fett lover and it did not disappoint. It went over very well.~4|Leah^Got this for my husband. Good design, as pictured, but the sleeves are way too short. Not sure if they came that way or shrunk after washing as directed but either way, he can’t wear the shirt now!~4|ERD^This is an awsome shirt! The color is rich and true to the picture … I receive a lot of compliments when I wear this shirt.~4|Steve^Good quality and a nice clear print on the front. A must have for Fett fans!~5|Mishelle^Quickly received and as expected.~5|Amazon Customer^I would like to see you have this kind of tees which are cool to me with other brand that Gildan with a better quality. I don’t like the sleeves and I expected it was fitter.~3|Jon D. Oden^Great shirt to represent one of Lucas’ greatest, most bad-arse, but sadly undeveloped characters.~5|Michael Sahagun^Quality is top notch! Arrived early!~5|Raul Bernal Cohen^Good Quality. As advertised. Recommended seller a+~5|David J. Price^Very nice shirt. Cool design. High quality item.~5|
Amazon Customer^I bought this shirt for my husband because he is such a huge Game of Thrones fan. We received the package very quickly even with there being a holiday. I decided to buy an XL because I was worried that large would be too small. The shirt was a little big on him but overall looked good and will probably shrink a bit when washed. It is a good quality shirt and the fabric feels really nice. He also loved the color because it’s quite original. Overall it’s a great shirt and I would recommend it to any Game of Thrones fan!~5|Natalie G.^I just got this yesterday for my boyfriend. I did get the gray with black, but the entire print of it on the shirt was much smaller. He still liked the shirt design, but we ordered the small, which he usually can wear, and it was a bit tight. Still a flexible, stretchy shirt though.~4|Renee Marino^Awesome shirt. It is very comfy and fit me perfectly. I’m 9 months pregnant and ordered the unisex medium. I would say the shirt runs on the smaller side so if you’re looking for a looser fit, go one size up but overall it was a good buy.~5|Kindle Customer^Light weight tee, good fit and love the design. Very understated design and love the grey color with the black. Since it includes the 4 houses I’m going to say its from one of the earlier seasons.~4|Pearl Gomez^Great shirt, soft fabric. I ordered a size small and the shirt fits a bit tight, but i prefer my t-shirts this way. Will be wearing this a lot.~5|Amazon Customer^Ordered a double xl red heather version of the shirt, and I have a big problem with it. I love the design but the material is not cotton but some gross polyester material. Feels nasty when I wear it.~3|Amazon Customer^I love my GoT t-shirt, it fits comfortably and I get complimented on it. The only issue I had was that a segment of the seam under the sleeve was not sewn correctly, which wasn’t noticeable to me until I put it on. It was an easy fix, I just sewed it up myself, but other than that it was fine. The shirt arrived in the mail at a reasonable time, and the black has yet to peel off which is great.~4|Amazon Customer^Was originally going to be a gift. it was too small for the guy, So I kept it for myself. I love it but the quality is meh. Next time I would just go to the store and buy a better one.~3|Jackie^great~5|Juan Carlos Bola?os^Fit ok~5|