Stepped away for a bit and took a week vacation to clear my mind and take care of myself a little bit, something we all need to do every once in awhile. But what I quickly realized is as an entrepreneur you never truly do break away and your mind is constantly searching for the next opportunity. I strongly believe that part of being an entrepreneur is having the unique ability of realizing an opportunity as it passes you by.
We as people are naturally presented opportunities everyday. The only problem is the majority of you will watch these opportunities pass right by. An entrepreneur has the unique ability to witness these opportunities and take action upon them. Where the average person over complicates the situation and over thinks, the entrepreneur reviews and takes action towards execution.
The true enemy of success is overthinking and over complicating which hinders the ability to execute. Execution is ultimately the key factor for success. However, what is often poorly portrayed is that hard work is the only facet of success.
Hard work is merely only one facet of success. If hard work was the only facet, construction workers, bartenders, landscapers would be the most successful individuals, but that’s not the only aspect. Many people spend years and years of their lives working hard on a given task, but if they are working in the wrong direction, they will never get to where they want to be financially. So remember, although you might be working towards a goal, you need to realize you could be working in the wrong direction.
As an entrepreneur you need to understand the multiple aspects to a successful business and financial freedom. Financial freedom is attainable for many, but the importance of recognizing an opportunity and combining the skills of execution, diligence, and creativity to the appropriate task is the ultimate combination.
I have to give a big shout out to one of my former students that sparked this little blog post, you know who you are. So we were up last night chatting on the phone around 11 at night and discussing what she wants to do for her career and future after leaving college. She has a nice cozy job lined up, making decent money to start at the age of 21. Her question was, does she stick with her current situation, the cozy job and cozy paycheck or does she come back to South Florida and start to build her own real estate business here as an individual agent. The same field, but night and day positions.
I get questions like these all the time from past students – for those that don’t know, I use to work in education when I was in my early 20’s and needed that steady paycheck while I built my life as an entrepreneur. We all have different backgrounds and might need that 30, 50, 70k or whatever it is day job to hold over our bills as we try and run the night hours on our own side hustle until we are ready to make the leap into entrepreneurship. I know I did.
What I tell everyone that comes to me with these questions is if whether or not that person knows who they are. Are they emotionally stable to handle the highs and lows of entrepreneurship? We live in a society and culture now a days where entrepreneurship is placed upon a pedestal and all we see are Bentley’s, pretty girls and trips to Ibiza on social media. But let’s face the reality, that’s not entrepreneurship. 90% of entrepreneurs fail in the first 3 years and end up spending their life savings working for their dream and losing it all. Been there, done that. That’s part of the process. What you do next is the most important part. Do you get back up and you figure what worked and what didn’t and why and adjust, or do you roll over and cry?
Entrepreneurship is a process of constantly adapting and adjusting your business until you figure out what works and what doesn’t – the only issue is, the majority of the population can not handle these stresses. As entrepreneurs we don’t use the words stressed out though, rather we get fancy and say we are overwhelmed. It’s the same thing and how you handle these stresses is what dictates your future as a successful entrepreneur.
Before you can start anything you need to know who you are. Are you a number one in a company? Maybe you’re a number three? A number five? The number 3 and 5 at Facebook were still highly successful, they just didn’t bring the same energy and emotional stability to be the number one. You need to understand who it is you are and what it is you truly want in this life. No matter how successful you become at your given craft if you aren’t fulfilling your life, you will always feel a sense of void and lack bringing your full potential.
No matter how much you feel that things may suck right now and you aren’t in the job you want to be in or making the money you want to be making, it’s important to understand that life is long. The amount of change that can take place in a year, never mind ten years is astronomical. At the age of 20 or 30 or 40, our lives have barely started. The hardest part is understanding where your passion lies and who you are and want to become and taking that first leap to making your life extraordinary.