Secrets & Truths I’ve Learned About Entrepreneurship Through Myself And Others
Hello! I just realized that I have a lot of drafts that are stuck in my inbox. I decided to start clearing my inbox and start writing regularly again.
Warning: Not fully finished and a very LONG article, with a lot of errors, but I hope you get the point! I made a few quick edits with this one so you can at least understand what I was trying to write.
In this article, you will see a lot of excerpts from other entrepreneurs that I follow.
What would you love to get paid to do?
How would you love your life to feel?
How do you want to feel in your work, because of your work?
Picture what you want to do, and envision how you want to feel based on how you answered those questions.
Why aren’t you doing it? What’s stopping you? Why isn’t it your reality right now? What aren’t you feeling these things right now?
Opportunity? Fear? Help? Time? Courage? Knowledge? Approval from family and friends? Permission?
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It’s the same for getting paid to do work you love. You’re going to have doubts, excuses, and a million reasons why now isn’t the right time to start. That’s natural.
The question is, are you going to let those doubts and excuses control you? Or are you going to say ENOUGH! and take control yourself?
Are you going to talk about earning money doing what you love? Or are you going to do something about it?
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Have you been talking about making a change for months now? Hoping? Wishing? Unless you make a change and take action, you won’t notice a difference. Do you want to make those side projects/passions a potential income stream?
Have you worked a job that bored the crap out of you, but you need it to pay those bills and sustain? Do you know you are not using your gifts?
- GO from a talker to a walker. FEELING MOTIVATED IS NOT AN ACTION. We live in the real world where all that matters is what you do. And instead of taking specific, concrete action (i.e., something physical and concrete), they think “getting motivated” is enough. I’ve also found that you can give people the best advice in the world, hand them the best tactics, techniques, and strategies but it still won’t work until the pain of staying the same outweighs the pain of putting in the work and making a change.
- We all have beliefs of how the world works. Sometimes these beliefs are so deep we don’t even notice we have them. But they still influence our thoughts and behavior — even when they’re wrong.
- There are businesses that look pretty on the outside, have pretty instagram. Here’s what people don’t see.
- Not only do you want to get paid to be creative, you want to thrive while doing it. Not just successful, but sustainable. Popular, pretty, perfect, <profitable.
10 Secrets To Succeeding As An Entrepreneur Or Small Business Owner (From Experiences And Reading Others’ Articles)
1.Learning how to grow, run, sustain a business is on going.
You need a map, your own MBA: Are you overloaded with free PDFs, audiobooks, webinars, etc? Won’t lie, I have a ton of PDFs, and audiobooks. I read a hella lot of blog posts. My Medium bookmarks are out of this world.
Do you have the idea of implementing everything that you learned for free? Then after you learn everything, then start paying for a class, a business coach, etc etc? Do you think there’s such thing as being on the top of your knowledge game?
Doing everything everyone recommends will have you running around in circles. While you will get some great info, People who are successful in business just didn’t learn how to run a business over night. It just didn’t happen from snapping their fingers. They didn’t know how to run a business at first, they learned.
Many courses I’m a fan of isn’t cheap. But it’s more affordable and cheaper than a college education or a MBA (not knocking people who chose to go to college or get a MBA, the choice is yours). Would you rather spend 1,000 to 2,000 on a course that can show you how to run a business? Or 30,000+ to get a degree or MBA? Up to you. Regardless of what type of education you invest in, (in classroom, outside the classroom, etc), I’m finding that the most successful people invest to improve themselves and to learn.
If you’re wondering why people don’t offer their courses for free? Or dayum, it’s so expensive? I read a really good concept once, and it makes sense. Have I come across something that I thought was crazy expensive? Hell yes. A 30,000 real estate course.
One of the secrets of manifesting wealth is the acceptance of energy in the form of money for the energy that you put out. If you have resistance towards the idea of having to pay for something or towards others asking for payment? Then you are limiting yourself from receiving money for anything that you do, since you think you should be providing it for free. This is why many people remain poor financially when they could gain a lot monetarily for what they have to offer. They’re limiting themselves.
That is why people who have wealth consciousness keep getting wealthier compared to the rest of the world. They have the freedom to charge for whatever they do according to the amount they believe it is worth, even when it is to people who try to tell them they are charging too much, or should not be charging at all. It is because wealth consicious people perceive their reality as abundant and do not allow themselves to be affected by the perceptions of those that come from a limited consciousness.
Can you think of an example where a company did something that a lot of people thought was dumb…but it was good for business? (A RAMIT SETHI QUESTION WOOT WOOT!)
We say certain things are “wasteful,” but the $100 lunch one person bought yesterday seems wasteful to someone who’s living on $100 a month and feeding a family of four. And we’re all for luxury until we see how much it actually costs…at which point we instantly label it “ridiculous.” It evokes all kinds of emotions; happiness if we are experiencing it for ourselves. If someone took you to an expensive prestigious restaurant, picked up the tab and told you that you can get whatever you want, don’t lie, you would order through the roof. But notice that if you are not experiencing it for yourself, you might say that the spending is showing off, irrational, and you might feel a little jealous.
Am I saying you should immediately go out and buy a $30,000 real estate course? No. (There is cheaper alternatives out there lol).
But I what I am saying is that it’s better to understand what’s going on in this world than to immediately write it off as “too expensive” or “stupid.” If you have the means to do it, why not splurge from time to time? Or as much as you want to? It is your money lol.
In fact, I’ve seen my view of investing this amount of money change over time because I’ve seen it from both sides of the table. I have family members that see spending a lot of money on the finer things in life is a waste of money. They see the world as a spreadsheet of dollars and cents that can be optimized and counted and should always be maximized to save as much money as possible.
Keep these in mind:
- Did you learn how to run a legit business?
- How are you learning how to scale? Are you even learning how to scale?
- Do you know how to take it to the next level?
- What are you struggling with?
- Have you slowed down to learn concepts from an expert so you can implement/apply it?
- Have you learned about those areas that need work?
- Have you????
You’re always going to be learning. No matter how many degrees you have or how much knowledge you obtained. Technology changes and updates. Nobody is not too good to learn. It’s usually beginners who are arrogant enough to think they know it all, while successful people realize how little they know. Too many people think they’re too advanced to perfect the fundamentals, when there’s a joy in learning (and re-learning) the basics. Stay humble, hungry and open. :D
For example, I learned technology in school a few years back. By now, they have a lot of new concepts. It would be like I’m starting over. Even though I create startups, I take courses as much as possible with a fresh open mind.
2. Choose a business and brand model.
Be more inspired by the business aspects of something instead of visuals. Don’t try overly hard to look popular, but be authentically you. Live like the person you admire on the inside. Have you ever admired something without knowing the work that goes into it? It might “appear” to make a lot of money, but make sure it actually makes you that “pay your bills” kind of money, and a visual brand that you enjoy. And if you are successful enough, you can buy a few toys! :D
We can want what a lifestyle looks like, without knowing what they actually do. As a business owner, focus on the important parts, not a vacation photo, in other words.
Like I said in another blog post, it’s not sexy to talk about the work, but it’s the most important part! Make sure you research the company/person that you aspire to be like. Make sure you research how they stay afloat.
3. Know when it’s time to take out the trash.
Are you starting a business because it’s something you really want to do? Or is it because you saw someone else making money from it and you said “Hey, they are making money from this, why can’t i?” Is money your only motive or is their deeper reasons?
Following your passion is nice, and that one quote that says if you do what you love, you will never work for the rest of your life is sexy. Yes I will admit I have said follow your passion being a creative person. However, we hear “just follow your passions” so much that we think it’s supposed to magically fall out of the sky, and leaves the wrong impression. If you want to get paid to do what you love, it’s much easier to do if you have a roadmap, a system, a team, .
Instead hoping for the best, you instead:
- Made a list of your passions, skills, and interests
- Had a system to test each one to find out which were profitable
- Could follow a proven path to take your idea and land paying clients
4. Be Yourself!
You can’t fake it forever or expect to be successful if you are not being yourself. You are your business. It should highlight your strengths, and make you look good. Who you are needs to be in your business model, schedule, etc.
5. Do What Makes You Happiest When It Makes You Happiest.
Do you need to know what you are doing at this hour on a particular day? Plan. Are you more in the zone in the morning/evening/afternoon? Don’t feel bad if you are trying to perform a task in the morning when you are not a morning person and it’s not up to par. Save your best hours for your business. I’m a Gemini, so I have to admit that I’m still trying to test out when my best times are lol. In some areas, it’s not structured and in other areas it might not be. Just test out the waters and figure out what works best for you!
6. Change Your Beliefs, You Change Your Behavior
Common beliefs can keep you trapped if you don’t watch it. Make the choices to change your beliefs, instead of chasing what you want, hoping that you or your behavior is all of a sudden different.
What we think: We think we need to DO, Then will Have, Then Will Be. We need to work harder to have more money, then I’ll launch my business and hire help.
What it actually is: We need to be, then we do, and then we will have.
In other words, I will be the person that chooses to hang out with friends, so I can be in a happier place to perform my work at a higher level, so I can have fulfillment and satisfaction in my output of work.
- If I had a little bit more money, I’ll be this. If I can hang on for 2 more months, I won’t have to keep working as hard, I’ll hit cloud nine.
- Let me get through this 100 page business proposal, then I’ll rest.
- If I work harder, if I hustle, I will be able to rest after getting through the launch.
- If I stay up a few more nights, I will be able to knock out a few more contracts. I’m a hustler, I will sleep when I die! (I’ve heard this several times haha).
- After finishing this, then I will have more time to prioritize hanging out with friends.
Have you ever noticed that the more you chase, further it pulls away?
What do you actually want to be today, instead of chasing for months??
I decided in 2015 to live a happier life and to get rid of situations, organizations and things causing me grief. I don’t feel guilty for leaving one situation for a better deal. At this point, I no longer live in a fairy tale, I’m living my happier life (it’s like an exchange of space-if you get rid of the negative situations, the positive will happen).
For example, I had a friend that was moving into his new office. If you want to meet up with him for a few minutes, you can do meet up with him and talk while he is moving couches to the office. He chooses it first.
7. It’s a marathon, not a sprint.
You’re Never Finished. Are you in entrepreneurship just for the glory side instead of the working side? Are you in it just for the prestige of saying your an entrepreneur instead of actually doing the work?
You will always have something to do, learn, or tweak in entrepreneurship. Even if you complete that 100 page proposal, you might find the next day that you have other tasks to complete as the face of the company. It’s a marathon, not a sprint.
8. You have to find ways to be happy in the moment instead of looking for it to be easy.
Focus on a few areas at a time and complete those in a genius way so you can grow. What areas would move your business forward 1 month from now? 6 months from now? So it could be:
- Setting up a Facebook Page
- Setting up a Twitter
- A website
- A business course
- A business coach
- It could be joining a entrepreneur support group
- If you are at a job that’s taking energy away from you working on your business, this could be cutting back on hours (if this an option) or finding a job that doesn’t tire you out while working on your businesss.
This will keep your business moving forward without you burning out. You will have times that are easier, but there’s always more to do. You or someone on your team might come up with idea to look into. You might find a new bandwagon to jump on and implement in your business.
9. Aiming To Be Perfect, And Trying To Control Everything Will Be Your Downfall
10. Focus on the things that matter!
If you get caught up and avoid the things that really matter (like the aspects that take focus, time and patience), you will miss out. If you try to skip to the advanced parts instead of starting with the basics, you miss out. The quick fixes could potentially lead to quick slippys too lol.
Classic example? Everybody wants to make 6 figures or millions of dollars, but most don’t want to start at booking a 1,000 client first.
BONUS SECTION! :D
11. People who work hard don’t necessarily get ahead.
I made this a bigger bullet point because of this:
There’s no correlation between hard work and success. There’s people who made millions of dollars by either being at the right place at the right time, or just investing. Or just having the connections to money.
On the other hand, there’s people with 3 jobs+ and they still don’t have enough income to get by. Ironically, the the person with the longest hours is working the hardest. When you tell people to hustle harder, sometimes it can come off as the people who haven’t had success or recognition or deep pockets haven’t worked hard enough.
A story that I read in a Daniel DiPiazza post (I hope you notice by now how many entrepreneurs I follow. YES I’m still learning!) I may have made a mistake in spelling your name. Sorry dude.
Growing up, my family was extremely hard working. I was raised primarily by my mom and my grandmother.
She busted her ass and I always saw her working extremely hard putting in the work. She always made sure I had everything I needed, and it was her work ethic that got me into the programs I wanted, provided an awesome life for me and showed me the importance of consistency.
My grandmother was an attorney and although her career in law was relatively short before she got sick — 10–12 years — that woman knew how to hustle. I’m talking asleep at 12am, up at 5am grinding. Looking back now, that was probably part of the reason she started to break down.
These women worked EXTREMELY hard for their money. Like, really hard. And they were successful. Their incomes came from the traditional (aka “active”) model:
- Put 1 hour in = get $X per hour.
- Work X amount of hours = get paycheck with $X salary
Both of these models made them money, but cost them TIME.
Up until recently…maybe 10–15 years (and really 7–10 years because of smart phones)….this was the model 99% of the world had to follow.
As Tupac would say, “That’s just the way it is….”
Along comes the internet.
The internet contains practically every piece of human knowledge in a centralized location — and the #1 thing that allows us to do is save TIME because everything is at our fingertips.
Now, we have choices. We have options. We don’t have to trade our time for money in quite the same way anymore.
We can make money passively and get paid not directly for our time, but for our past efforts. In other words: setting something up today that will continue to pay you steadily over the coming months and years with generally little upkeep.
When most people think of passive income, they think of making money in the stock market, forex, investments and all that. And yes, those are ways to make passive income.
But for most of us, it’s just not going to happen that way. The stock market is complicated if you don’t know what you’re doing, and while you should have a portfolio, it’s better to have something that grows slow and steady over 30 years at 8–10%. That’s a nice return, but won’t make you rich by any stretch.
Plus it’s nice to have some money NOW as well as later.
How many people do you know been at the same job for years, and yet they are still struggling to make ends meet? EXACTLY.
No one is saying be lazy and sit on your butt thinking success will come that way, either. But just because you work “hard”, it doesn’t guarantee that you more money, more prestige, or getting ahead.
For example, when I work out, I work hard. Growing up, I was considered a hard worker because I got good grades. Now, I’m considered a hard worker because I have a label, a start up and I’m with a talent agency.
Let me tell you a time when the hard work I put into something completely flopped.
I’m not saying I will stop being a hard worker. Nowadays I work in practical and subtle ways, and . I.E. Delegating your hustle.
12. More in likely, your friends/family is not your target niche for your business. They might support you, they might not. They more in likely won’t understand you.
I will admit that most of my friends and family don’t support what I’m doing. (2018 update, as soon as I leveled up, my Facebook friends numbers dropped. There’s people that hate to see you do well and hate to see you do better than them. It’s too bad. Part of manifesting cool things is to remove bad people, places and things so the good things can come in, so hasta la vista babes). But getting back to the original point, I probably should say don’t understand. For example, I have a friend that’s a nurse in California. She wouldn’t want to hear about how I’m growing my following. More in likely, I would hear questions such as:
Why are you concerned with growing your following? Why why are you so obsessed with being popular? They don’t get it. Sometimes when you share content, you are not in the rim/arena of just entrepreneurs. They don’t understand why you are doing the things you are doing.
I have a few tried and trues, but let's be honest. I’m not going to inbox them a link to my music, tag my music videos on Facebook or try to sell them a service from one of my tech companies. It would be nice to hear them say “good job” but it’s not needed. I’m not going to force anyone to support what I’m doing. The quicker you let go of being understood, the better you will be. Trust me. Drew Morrissey nails the subject.
13. Want To Be Successful? Hang Around Successful People!
If you want an extraordinary life, you got to hang around people who’s more than ordinary. -Hilary Rushford
14. Secret To More Money.
If you have so many niches, it’s hard to go into depth on a few (and trust me, I’m a Gemini. I find this hard to pick a niche sometimes because I’m interested in a lot of areas!) You can’t be the expert in 20 areas, but you can be in 2 or 3 perhaps! (Or if you master one area, you can move on to the other! )
I can tell you finding balance isn’t easy. What’s my balance and your balance is completely different. You have to find what’s right for you. Shoot, maybe you can start off with selling 4 products at once? For me, I would start out with one, master that product, then add others.
You even see this in the entertainment world. You see musicians that end up acting in movies, becoming producers, directors, etc.
How do you know if you are doing too many things or doing too little? After all, there’s people who sell one product and is doing well. There’s people who sell 100’s of products and are doing well.
What if you have a customer wants to go deep with you in one area? For example,
If someone is asking for you to do something for them, and you want to do it, and you believe that’s it’s a income stream? Go for it!
Hello There! I’ve been involved in different businesses in several different capacities from being ceo, coo, co-founder, and more. I’ve learned so much from creating businesses, and I look forward to all the learning experiences I will have from starting new ventures.
With one business I was involved with, we made it possible to install a little device with customized hardware and a SaaS solution implemented to the router, the business owner was able see live data about social media info collected.
With another company, we had professional internet marketing company that focus on digital marketing campaigns, services and jobs such as SEO, PPC, Online Reputation Management, and social media marketing.
With EYT, I oversaw day-to-day operations and keeping the CEO apprised of significant events;Yes I actually talk with my business partner on a daily basis. I created operations strategy and policies; Communicated strategy and policy to employees and interns; Fostering employee alignment with corporate goals; and overseeing human resource management. I also delegate tasks to my team.
My current project is Bones’ Custom Guitar. We create custom guitars for musicians with imported wood. No one Bones’ guitar is the same. We also repair guitars. Jared, my band mate came up with the idea and foundation for Bones’.
Long story cut short. I’ve been playing gigs and booking shoots. My go to guitar, Blu Blu broke during this. When I went to get it repaired in Indy getting it fixed cost way more than the actual cost of the guitar.
It didn’t seem right. After talking with other musicians in Indianapolis, Chicago, Nashville and other cities for second opinions they thought the shop was trying to pull a fast one. So our mission is to offer fair prices for repairs and custom guitars for fellow musicians.
We are both Indy & LA based.
My biggest project currently? I’m also involved in entertainment as an actress, founder, and producer. We are currently producing 2 film projects with one of them having 1 million in financing.
If you like what you are reading, give me a follow. If want a free song from me while you wait for me to publish my next article, go here!