Many business owners have to balance a lot more when first starting off, for example, like holding a job and managing their side hustle (unless you have rich parents who will bankroll you – something I didn’t have). So you have to be super determined to push through, especially when the odds are against you.
Did you know 1 in 5 businesses fail in year 1, and half of all businesses fail in year 5! But did you know most of these businesses fail because of burnout? People work so hard and expect instant results, and guess what, life doesn’t work that way. If you get instant results, then kudos to you. But play the long game, then you are more likely to succeed.
#longgame #buisness #hustle #workhard #worksmart
People overestimate what they can achieve in year 1 and underestimate what they can achieve in year 5.
Have you heard this? It cuts across all fields. In a culture of instant fixes, we struggle to undertake any long-term planning. For example, when you are planning, most people only plan for the year ahead – holidays I will go to, job I will apply for. But long-term planning is super helpful. Don’t get me wrong, I am yet to be convinced on visualisation (where if you see it you can manifest it!), but by putting your thoughts to paper, you are more likely to achieve them or more than likely find a roundabout way to get there.
Life is not linear, so expect some ups and downs, but if you are patient and you persevere, you definitely will get there. We all want to avoid the fifty-something burnout!
Go on, give it a try, scribble a few notes down (make these realistic by the way.