Why Do Entrepreneurs Give Up?
Entrepreneurs – A word so many use just because they set up their own business. I personally do not believe an entrepreneur is someone who owns a business, it’s someone who is making a difference and succeeding with their business on some level. Anyone can be a business owner, not everyone can be an entrepreneur. True entreprenuers are a special breed.
What reasons do entrepreneurs give up?
There are many reasons why people decide to set up on their own. They have a dream and a vision of the life they want to lead and the people they want to help. However, being an entrepreneur is HARD WORK! Not everyone has it in them to stay the course and that’s when people start giving up. In my experience is they give up 6-12 months in. That’s so early in the game, but they don’t know that.
I have been reading Gary V’s recent book ‘Crushing It’ and I just finished up reading a chapter that was about people giving up on their entrepreneurial journey. Here are some the reasons he says he has found people give up (I bet some of you can relate to them too) The entrepreneurs in Gary’s book are super inspirational. Buy the book, you won’t regret it.
- I don’t have the money
- I don’t have the time
- My family is holding me back
- I have an idea for an app but I don’t know how to code
- I have a full-time job
- I’ve got kids (seriously, don’t we all)
- My parents don’t get it (it’s true, my parents generation don’t, but that doesn’t stop some of us)
- I don’t have the right equipement
- Only a few people are reading what I have to say
- I’m too old
Blah Blah Blah….. Excuses are excuses – end of discussion. I built my first business with 2 babies under 2, in a marriage that I was unhappy in and only his income coming in. I worked till midnight most nights and when the children napped. It was all a blaze of tiredness and mayhem. Somehow in the midst of all this, I still cleaned the house and cooked a meal every day. That is all a blur – I don’t know how I did it. I’m not saying you have to keep on top of it all, it was just something that was important to me and helped me feel in control.
Then I left the husband. I still worked all the hours, put the children in part time nursery and grew the hell out of my business! I didn’t use excuses that I was a single mum who got NO help from family. Basically I cracked on and didn’t let the world beat me down. SHIT GOT DONE! This picture below is when I was tired beyond belief, but I carried on.
Here’s how I’m going to end this blog post. You will either give up OR you put the hours in and work your butt off. Ask for help when you need it, read all the books and don’t find excuses not to succeed.
Your WHY should be strong enough to keep you going. My why was that I wanted to be mum who would do the school runs, who could attend assemblies, sports days and all the other millions of school activities these schools put on on a regular basis. I wanted to be able to cook my children a proper meal every night and not rely on fast food regularly. THAT was important to me.
Don’t get me wrong, once a week we have pizza and sit down early to hang out and watch something together. Because spending time with them is important. My children are now 9 and 8 and it’s easier as a single mum now. They don’t need me constantly. I am still growing my business and have evolved into different areas now.
You can have this too.