Member-only story
The Hardest Part About Starting & Succeeding In Business
Many people will tell you that the ones who make their companies successful in the corporate world are those that manage to fight through all the times of resistance.
They are the ones that fight when the odds are stacked against them, the ones that work harder when everything seems hopeless, and the ones that do what it takes to make a profit.
Persistence, Discipline, Power of Will, Work-Ethic, and a powerful Drive are essential.
But that is not the hardest part.
Most companies do not fail because they do not make money; at least not initially.
Most Entrepreneurs that start companies do make money, most of the time even enough to make a sustainable living, but it is this first bit of money, this first sign of success, that is a wolf in sheep’s clothing.
The successful Entrepreneurs like Elon Musk or Steve Jobs are ones that keep going past this initial point; they are part of the Survivorship Bias (for you do not hear stories about all those Entrepreneurs that fail).
The ones that you do not hear about are the ones that get beaten by this first sign of success.
Put yourself in the shoes of an Entrepreneur.