There are many business models out there that you can build, and I’ve tried many of them. Some worked for me, some did not. But in every single business model, I have met dozens of people that WERE successful at the one’s that didn’t work for me. This was for many reasons, but the point is you have to start building, and maybe fail, and build again to figure out which business model works best for you and your natural skillset.
The most important thing is to get started. You don’t need to have the perfect plan or idea. As you actually take action and build, you will see the opportunities and get the ideas that you would not have gotten otherwise. It doesn’t matter where you start, whether it’s creating a website or setting up a new facebook group, but you have to get off your ass and get moving.
Learning to build a business is like learning to fight. You can watch all the Bruce Lee movies, play all the martial arts video games, and even attend boxing or MMA events. You can read all the martial arts books and buy martial arts gear so you look like you can fight, but until you actually put on the gloves and start throwing punches and taking hits, you will never learn to fight. The same goes for starting your business. You can attend all the webinars, take all the business courses, and go to all the seminars. You can read all the business books and dress like a businessman, but until you start trying, and failing…and trying again, you will never reach your goal of running a successful business.
If you are serious about building a business to earn a living, you do not have time to stop and smell the roses. Money likes speed. If you only hustle on Monday, Wednesday and Friday…but your competition hustles 7 days a week…you will lose unless you have a truly special gift or talent that the competition does not. Which brings me to my next point.
The most important skill anyone can have to achieve success in entrepreneurship is self awareness. You have to know your capabilities, your strengths & your weaknesses. Being truly self aware gives you the rare ability to know what needs to be done, and whether or not you are the right person to do it. Do you remember the saying, ‘You can be whatever you want in life, as long as you work hard?’ This is nonsense. You have to be self aware. I could practice 24/7 from the time I was a child, train with all the coaches, and practice every single day, but I would still never have enough natural talent (or height) to make it to the NBA. Somebody like Lebron James could hardly ever practice, and have a 100x more likelihood to make it than me. I’m self aware enough to know that my body is not designed for basketball. Even if I had that burning desire, I do not have the other attributes required to succeed in the NBA, such as height and a 60 inch vertical jump.
You have to know yourself, your skills, your talents, what you can do physically, mentally, whether you’re an introvert or extrovert, what you are good at, and what you are not good at. Once you figure this out, you will have a good idea of what business you were designed to build. It would have been a huge waste of time for me to spend the best years of my life trying to make the NBA at 5’10…150lbs. Don’t waste time, it’s the most valuable commodity we have. Figure out what business that you should be spending time on, based on self awareness and a honest assessment of yourself and talents.
Until next time!