SIGNS YOU SHOULDN'T BE AN ENTREPRENEUR (2)
Last Monday on #BusinessMonday, we explored the very first sign you shouldn't be an entrepreneur: LACK OF SELF-DISCIPLINE. Let's quickly move to the next...
2. YOU NEED AN EXTERNAL SOURCE OF MOTIVATION
As an entrepreneur, you can't depend on external sources for motivation. It is all on you. There must be some kind of internal motive that drives you to move forward despite the difficulties. This might be the desire for Financial Freedom or living the good life or changing the world.
The purpose is not that significant for your motivation, as long as it originates internally. You can't rely on other people to motivate you, this is not a sustainable approach.
You might even get opposition from your friends and family. Even if some of your peers are willing to support you and prompt you towards action, this is not a long-term solution, because the motivation that they provide is going to have diminishing returns.
Entrepreneurship is a long journey and over the long run this approach will not be sufficient. What you have to do is tap into the inspiring force of internal or intrinsic motivation.
In order to do that, you have to ask yourself "Why"?
Why do you want to be an entrepreneur? Why do you desire to become rich?
This will give you a clear purpose and solidify your motivation. Note that money itself is usually not a good motivator. You don't want to make $1M just for the sake of having $1M in the bank.
That is just a number in your bank account. In reality, you want that $1M for what it can offer you. Maybe financial freedom, or maybe luxury and status, or even all of the above. Since we are finite and emotional creatures, our internal motivation can be challenged from times to times.
We may find ourselves confused and exhausted. This is the reason why celebrating "small wins" is so important during your early steps as an entrepreneur.
Past Three Publications on Business Monday:
- SIGNS YOU SHOULDN'T BE AN ENTREPRENEUR (1)
- MUCH TIME, LOTS OF MONEY! The common sense perspective of BUSINESS, TIME AND MONEY
- A MUST READ for EVERY serious income earner
Follow other publications:
#BusinessMonday
#TheCommonSenseProject
Acknowledgement: Micheal N Micheal
Well worded
Thanks @onyemacourage
Entreprenership is sweetest at the tip of a dreamer's lip. People think being one is about having an establishment pump out profits into your pockets daily, weekly or monthly.
There's this belief I have buried in my heart even if I rarely utter it: being an entrepreneur is more work - headache - than being an employee.
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Informative piece. But I personally think that for the fact I am conscious of how indisciplined I am, should be a source of motivation to work smarter. Remember most people who are disciplined tend to work harder but seems to be less smarter.
Meanwhile Why is there no Business /entrepreneurship community on steemit