avatarCrystal Mathews

Summary

The article discusses the challenges and mindset required for entrepreneurship, emphasizing resilience and the importance of not quitting in the face of failure.

Abstract

The article "Were You Raised to Be a Quitter or Entrepreneur?" delves into the entrepreneurial journey, acknowledging the bravery needed to start a business and the equally significant courage to persist when faced with adversity. It highlights the inevitability of obstacles and the necessity of addressing problems proactively rather than avoiding them. The piece encourages entrepreneurs to reframe their perspective on success, moving away from solely financial metrics to a broader appreciation of personal growth and leadership. It also touches on the emotional toll of business setbacks and the temptation to quit, advocating for perseverance and learning from failures. The author shares a personal anecdote of a startup's struggle to meet revenue goals and the subsequent need for strategic pivots, illustrating that entrepreneurship is not just about achievements but also about the journey and the lessons learned along the way.

Opinions

  • Entrepreneurs must be willing to step out of their comfort zones and face challenges head-on to achieve growth.
  • Success in entrepreneurship is not solely defined by financial success or public recognition but also by personal development and the ability to lead.
  • Failing to meet goals is part of the entrepreneurial process, and it should lead to strategic adjustments rather than quitting.
  • The courage to continue in the face of adversity is a hallmark of successful entrepreneurs.
  • Entrepreneurs are encouraged to subscribe to the author's email list for ongoing insights into health, productivity, and entrepreneurship.
  • The article suggests that the reader's upbringing and experiences may have shaped them to be leaders and entrepreneurs, reinforcing the idea that quitting should not be an option.
  • The author invites readers to become Medium members through their referral link to gain unlimited access to content on the platform.

Were You Raised to Be a Quitter or Entrepreneur?

We’re more than what we believe we are!

Photo by Minervastudio from Pexels

It takes a lot of courage to start a business. You have to be willing to take risks and go into uncharted territories.

But it also takes a lot of courage for an entrepreneur to quit when the going gets tough. It’s hard for anyone successful in life to get the idea that quitting is an option.

The truth is, it’s likely that you will face challenges in your entrepreneurial journey.

We can’t know what we’re truly capable of until we push ourselves outside of our comfort zone and into the unknown territory where all growth happens.

That means you’ll come up against obstacles and roadblocks in your path — and how you deal with them, and whether you quit or keep going, will be up to you.

The Process of Failures and Success

That’s why when you’re a new business owner, it’s important to deal with problems as they arise, rather than bury your head in the sand and pretend they don’t exist.

If you have a problem with a new hire, don’t wait for someone to come to you and tell you what’s going on.

Start the problem-solving process as soon as possible, and enlist the help of others in finding a solution.

And if you’re trying something new, try it as many times as it takes to figure it out — whether that’s an idea for a product or a marketing strategy.

Don’t take a failure to your manager or the board, or worse, to quit on the idea completely.

How to Deal with Failure and Keep Going

I still remember the day that I realized what it means to fail. I was working on my first startup venture and all of the sudden, I realized that we wouldn’t meet our quarterly revenue goal.

We’d lost valuable customers who were looking for a better solution, and it was time to consider some serious pivots in the marketing strategy.

It’s natural to feel disappointed, scared, angry, and frustrated when your business misses its goals or suffers an adverse event like a major customer loss.

When that happens, it’s normal to want to throw in the towel. But that isn’t the solution.

Of course, it’s always easy to do nothing and wait for better times to come, but that’s usually not the best move for your business. Sometimes it’s better to be proactive.

Why Being an Entrepreneur is Worth It

When you think about your path to success and entrepreneurship, do you remember your thoughts when you started your business?

Did you feel like you were on a wild ride or a bumpy ride with something to prove?

It might not be your greatest accomplishment, but just because it wasn’t a huge success doesn’t mean you were a failure.

Oftentimes, people use the word “success” as synonymous with “money” or “a successful career.”

We usually measure success by money or our achievements. We measure ourselves by what other people think of us.

But at the end of the day, being an entrepreneur, or a leader, is more than just numbers and achievements.

The reason I’m writing this article is to encourage you to quit looking at your success as a result of your numbers and your achievements.

Why Quitting Is Not an Option

If you were born an entrepreneur, chances are you were inspired by a family member or loved one who has built a business.

Maybe you remember getting on a bus as a child with your parents and traveling from Colorado to California.

We are told from a young age to dream big and follow our dreams, and this is exactly what entrepreneurs do.

You may have already encountered a moment when you considered running away from your venture, but I encourage you to resist the urge.

You have been molded to be a leader, and you can still be a leader no matter where you go.

“On a trip from Denver to California, I was nine years old, sitting on the bus with my dad when he told me he was starting a new company.

I remember that I was shocked, and I questioned what we were doing.

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