5 Things That Will Happen to Any Entrepreneur
1. Sales fluctuations – In business, regardless if you’re an attorney or an entrepreneur running a sales recruiting firm (executive recruiters Los Angeles), the best salesman / saleswomen win in business.
You’ll begin to notice that every now and again, your client base’s needs shift as do their concerns and the best entrepreneurs can sniff that out and alter their sales and marketing accordingly.
Those who get too comfortable with what worked yesterday find themselves full of frustration and devoid of business capital.
2. A changing environment – It’s going to happen. Every business and every industry changes – it always seems to when everything is almost too comfortable.
As young entrepreneurs, when confronted with this situation, the change must be embraced rather than fought. When the recruiting industry started to change due to social media, I was given the option to adapt or to take a big hit.
Adaptation is part of being a successful entrepreneur – note: adaptation is easier if you see the changes around the cornet, but nevertheless you must go with the flow.
3. Self-doubt – Business has ups and downs. During the downs, we think we are a lot worse than we are and during the ups and always perform above average due to the confidence increase.
As an entrepreneur, you must learn when you are feeling this self-doubt and gauge how realistic your feelings are; self-doubt leads to nervousness which kills performance. Know your triggers and what is making you feel that way.
For instance, I always know I’m in a down mood when I begin eating unhealthy for a week or so and, knowing this trigger, I pick myself up and go to the gym. Resiliency and going through the motions will overcome self-doubt…that is, if it’s combined with hard work.
4. Mistakes, mistakes and more mistakes – When you’re young and running a business, the first year or so is going to be chalk full of mistakes…here’s the secret: we all know step one which is to learn from our mistakes (the obvious), but step two which is just as important is to not get down on ourselves for making them.
Beating yourself up for mistakes that are due to a lack of experience when starting a business is similar to beating yourself up for inevitable events that are out of your control. Write them off and move on.
5. You will find times of true enjoyment – Running a business is very difficult. The work is highly demanding, the amount of creativity needed is infinite, but so is the payoff which comes in the form of enjoyment and fulfillment in what one does and what we accomplish.
I’ve always found that if you work through the bad times and keep on going, luck eventually sways your way. You can be wrong more than you are right, but if you work through the mistakes and can jump the hurdles rather than fold, you’ll love what you do.