Where Do Many Entrepreneurs Fall Short?
Some entrepreneurs knock it out of the park from the get-go. Others don’t. Actually, many of us have been on both sides of that equation. Among the successes and failures, there’s plenty to learn from. How can you avoid the pitfalls and mistakes that many entrepreneurs make as they start their business? Here are some of the mistakes that others make (and that you need to avoid!)
Some Entrepreneurs Don’t Have the Right Mindset.
Mindset is just about everything, because everything trickles down from there. Mindset is the parent of “what you do” and “how you do it.” How you see yourself and how you see the world is mindset. As Shane likes to joke, “if you motivate an idiot, you have a motivated idiot!” So we’re not really talking about motivation, we are talking about how you see yourself and your place in the world. You can change your mindset to make more money right now as an entrepreneur.
They Don’t Position Themselves Correctly.
I used to think “who could possibly want to do business with me?” Not only did I not have the right mindset, but I was showing others unconsciously that they shouldn’t work with me because I was not positioning myself as an expert or a valuable asset to anybody. How can you brand and position yourself as somebody who people want to do business with? Your credibility doesn’t need to come from what you’ve already done, it comes from what you’re about to do. Position yourself that way.
They Don’t Have a Rock-Solid Belief In Their Own Potential.
Become the kind of person who makes things go right when they are going wrong. Anything that can go wrong will go wrong, it’s just the way business is, and you have to learn to roll with the punches and become rock solid in your emotional state. Believe in yourself! Get a new measuring stick for measuring yourself in life, and roll with it.
You Can Fulfill Your Potential.
You don’t need a business degree to be successful in business. If you’re lacking in education, you can make up for it in other ways. If you have that education, you can leverage it in ways that help you succeed.
Here’s something we always suggest: Set your alarm an hour earlier than normal, get up right away, start with velocity and begin achieving your goals. Hardly anyone does this! But it’s a proven way to get what you want.
When you work with us, we make it easier for you to fulfill your potential! We’ll help you get started with a business that can transform the course of your life.
Highlights of This Episode
- What is mindset and why is it so important? 6:15
- A major shift in Rachel’s journey and how it helped her immensely. 9:10
- One thing you should never promote or disclose. 28:00
- If you’re any type of professional, you don’t have to discount yourself. 33:00
- Several key ways you can position yourself as a professional. 35:00
- The main thing people do wrong when trying to position themselves. 36:20