Monday, March 8, 2010

Persistence

Budding Entrepreneurs almost always face many obstacles: lack of experience, lack of funding, lack of unconditional support from family and friends. Nevertheless, experienced Entrepreneurs are mentally attuned to those obstacles and find ways to overcome them. Indeed, over period one can overcome obstacles and one may even enjoy obstacles. However, this is not necessarily the case with budding or new entrepreneurs.

Young entrepreneurs especially that normally start their business from scratch would be facing most challenging situations. Unless one has a family support, or already have a family running business, upcoming entrepreneurs would have to navigate through toughest terrains of business mostly alone.

Entrepreneurs should develop mental skills to overcome any situations and able to think clearly. Especially, when under stress one should be able to take appropriate decisions keeping both short term and long term needs of the business.  Being persistent is an essential attribute of a businessman. Without this attitude, one can hardly survive in the tough world.

I have come across many situations in my life when I started new businesses and struggled with it. One thing is common for all business startups. It is always hard to take a business from startup to self sustainable venture. By the time a business become break even let alone profitable, if at all, the business owner could have tried to abort his mission and shut down the business. Frustrations and obstacles are common thing in a new business. Most bow down to the pressure of a new venture.

This is where seasoned professionals standout as successful business builders. A seasoned professional is hardened to the grind of managing a budding business. An upcoming business is essentially resource hungry and it demands lot of attention from its owner in terms of capital, personnel, personal time, marketing, materials, management structure and system to name a few. To be successful one should develop right mental attitude of persistence and perseverance. By persistence means going forward even in the face of failures and opposition, or criticisms from others.  It is easier said than done. Nevertheless, one can develop those qualities and become successful in building a successful business venture.

How should one even begin a journey to develop these characters?  Unfortunately, there is no magic bullet that can instantly change you into tough, confident business man woman. Rather, one must begin a journey of self exploration and by creating self awareness that creates a strong character base upon which a new belief system can be build by replacing obsolete, dysfunctional belief system. Remember, unless you change yourself internally no measure of external changes would make you what you wanted.

I recommend that Outrageous Mastery can help you to begin your inner exploration and developing strong self awareness.

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