What Should I Know before Becoming an Entrepreneur?

“You’ve got to win!”

“You’ve got to be the best student!”

“You’ve got to be the smartest!”

“You’ve got to be the fastest!”

That’s the mindset we all grew up with — Winning!

From birth, our parents’ mission is to help us succeed. Our culture expects us to win. Tough criticism attacks us if we don’t win.

Tell me, what if you DON’T win?

This winning obsession is now your biggest nightmare. This is what holds you back and what you need to overcome to get started in this entrepreneurial journey.

Ironically, to win in entrepreneurship, you need to learn to deal with failure. Entrepreneurs learn from failure.

So, what should you learn before you become an entrepreneur?

To tolerate failure.

Not learning to fail will leave you vulnerable to anxiety, make your life miserable and will lead to emotional breakdowns whenever the inevitable failure occurs.

Entrepreneurship demands you try new things and make some risky decisions. Not everything will work — and that’s okay… believe it or not, this is a winner’s mindset!

What? Failing is a winner’s mindset?

Michael Jordan, one of the world’s greatest athletes in history has shared the importance of perseverance after failure, underlining that this made him a winner:

I’VE MISSED MORE THAN 9,000 SHOTS IN MY CAREER. I’VE LOST ALMOST 300 GAMES. TWENTY SIX TIMES I’VE BEEN TRUSTED TO TAKE THE GAME WINNING SHOT AND MISSED. I’VE FAILED OVER AND OVER AND OVER AGAIN IN MY LIFE. AND THAT IS WHY I SUCCEED.

—MICHAEL JORDAN

Unfortunately, our outdated educational system has entrenched in our culture the need to be perfect. Everyone is so scared of failure that they don’t even try!

Get over it. This is how we best learn.

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