What Does It Take To Be An Entrepreneur?

Updated: Jan 13

Entrepreneurship is a journey. You're in for the long-term. It's hard. Don't believe all the social media posts that tell you otherwise. You won't be rich overnight despite what many so-called influencers try to tell you.

According to the U.S. Bureau of Labor Statistics, about 20% of U.S. small businesses fail within the 1st year, and 50% by the end of the 5th year.

So, how can you increase your chances of success? Let me share 5 lessons I've learned through my own experience, coaching my clients and talking with my guests on Inter:views.

  1. Start With Why: Simon Sinek is right. Just listen to my guests on my podcast. They all tell us that, once they find their purpose, once they know what problem they solve, the journey becomes significantly easier because it is precisely purposeful!

  2. Have A Strategy: Would you drive a car blindfolded? No? So why would you drive your business blindfolded? Start with your why and build upon it. Why not buying my online training course?

  3. Surround Yourself With People: Hire the best, seek for external advice, break your isolation as much as you can.

  4. Make cash your priority #1: Finance you must understand I'm afraid. Simply educate yourself, it's not as difficult as it sounds.

  5. Be healthy: Mentally and physically. How can you take care of others if you don't take care of yourself? Read my latest blog article about it.

Watch the video to learn more.

Do you want to know if you're on the right track to crack the entrepreneurship code? Book a free business coaching session with me, and we'll assess your journey.

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