Why Entrepreneurship is a Hard Journey
The highest highs and the lowest lows of entrepreneurship
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As an entrepreneur, you struggle.
"Creating a company is a very difficult thing. A friend of mine has a saying: 'Starting a company is like eating glass and staring into the abyss.' You have to do lots of things you don't like."
- Elon Musk
Further reading: Tips to achieve success in life
The Tesla founder confessed that the year 2018 was ‘excruciating’ in an emotional interview that led to stocks falling sharply.1
“Struggling” means facing all the challenges that you had expected, as well as ones you could have never seen coming.
Recommended: The truth about the year of unsurpassed success
So what is the secret to success in starting, scaling and skyrocketing in business? The brutal truth about success that many people never understand 2 is that success is hard.
"Fail fast, move on"
- Silicon Valley mantra
Success is simply hard work. Thus, an entrepreneur is an undisputed heavyweight champion.
“I hated every minute of training, but I said to myself, 'don’t quit, suffer now and live the rest of your life as a champion.'”
- Mohammed Ali
Hard work as an entrepreneur pays off. The thing with hard work and success is that both take a significant amount of time. This develops to a habit.
Suffering makes entrepreneurship great. It is supposed to be hard, ya’ll! All the highs and lows call for perseverance – guts, grits, and gumption. How do you as a business owner move from survival mode to success, then to significance?3
“If you’re starting something on your own, you better have a passion for it, because this is hard work.” —Sallie Krawcheck
“Entrepreneurship is living a few years of your life like most people won’t, so you can spend the rest of your life like most people can’t.” — Student of Warren G.
“Far and away, the best prize that life offers is the chance to work hard at work worth doing.” — Theodore Roosevelt
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What is the most important factor in a startup’s success or failure?
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