There are internal habits of thinking and feeling that are responsible for the level of success we have as Entrepreneurs. Within those internal habits are a few specific qualities that have also held us back from our next level of success.
This can be especially dangerous when you’re a new entrepreneur if you’re not at a place of sustainable profitability yet. Because if you’re stuck in the stage of business that isn’t profitable, you have to ask yourself: how long you can you go without changing things before facing some serious and very real challenges?
Hi, my name is Nathaneal Mohr. I am a business coach who specializes in social video blogging. In this article and video I am going to share with you some of the internal mental and emotional habits that kick starts the journey of the entrepreneur.
I am going to share with you how internal mental and emotional habits end up being responsible for many entrepreneurs’ failure over time.
After that I am going to show you how to slightly tweak those unseen habits, so you can permanently shift from a struggling entrepreneur to a profitable entrepreneur if you presently face this challenge.
It starts with the desire to change something. Those of us who step up to the challenge and actually take action to create the change we want by using business as the tool for that change, start down the path of the entrepreneur.
This process of how we decide to solve this great challenge is as unique as the individual entrepreneur. If we want to use business as a tool for some kind of change, we need to understand what business really is.
Business is just a process. This process has the goal of exchanging value for the physical or monetary equivalent of that value, which is our case is money.
Now along the path of developing these business processes something very interesting happens…We reach a point of friction or resistance.
Now this point of resistance has to happen because certain skills can only be developed by rolling up your sleeves and actually doing the activities that create the skills we need to succeed.
If you have never done something before there is going to be a learning curve. Your results will be a reflection of where you are along that learning curve.
Since thoughts and feelings are habitual by nature so many of us will start to feel discontent with this friction and start looking for better ways to accomplish our business goal. This is that first stimulus response process we talked about that inspired you to become an entrepreneur.
The process of feeling discontent with a result and reaching out to personally create a solution is a wonderful processes. Except when, due to lack of experience, we point our finger at the actual process as being the point of discontent, instead of pointing our fingers in the mirror and looking at how we can become smarter, more efficient, or effective in this business process.
This first big learning curve in your new business endeavor is a pivotal moment in your career. Because this is where we either graduate to the next level of our entrepreneurial journey, or fail and have to take this very first class over again if you want to stay on this path.
Now sometimes you need to change your business, your industry, niche or the way to get profit from your business… that happens. More than 90% of the time it’s not the business process that’s the problem but how well you master that business process.
I have seen many well meaning beginner entrepreneurs get stuck going round and round in circles and never really getting their business off the ground. This happens usually because every time they get to an area of friction they choose to believe the problem is the business process itself. Then they choose to look for a solution outside themselves instead of inside themselves.
The new entrepreneur can do this by upgrading their skill level in the business process they are presently committed to. You might have heard of people stuck at this level of the process called “opportunity junkies“.
Giving up on a business building process when you reach friction is the equivalent to finding a seed of the perfect crop, locating the farm you want to grow it on, preparing the soil and planting the seeds, then only taking care of those seeds until right before the seedlings break through the ground. Just walking away from your crop leaving it to die, while starting the process all over again somewhere else, is not going to work.
If you were entering into a career as a farmer and followed that pattern of farming it wouldn’t be long before you had some serious challenges. I recommend you don’t do that with your business building processes either.
If you want to get unstuck and move into your first level of consistent profitability you have to be able to quickly make business decisions, but change those business decisions slowly. Entrepreneurs always sort through our world to find better ways of doing things. That is what makes us who we are. We have to commit to mastering a business process until at least the first harvest.
If you’re just starting out, promise yourself that you won’t move to some other business process or opportunity until you have mastered and fully leveraged the results you can get from the process you are engaged in right now.
When you pick up a new method of growing your business or a new business opportunity, give it everything you have before you decide to just drop it and move to the next shiny object.
Remember that our business only grows as quickly as we do. If you’re just getting started review this video weekly to remind yourself to stay committed. If there is someone you believe could benefit from this information – share it with them; it could save them years of wasted effort and thousands of dollars in lost profit.
Also remember the best results in the world aren’t a mystery. The journey of the entrepreneur demands of us that we evolve into the person that would create the level of results we want.
I would love to read your comments about the skills you are dedicated to developing in order to reach your next level along your journey as a entrepreneur.