Added: Ayesha Olea - Date: 23.02.2022 05:38 - Views: 13180 - Clicks: 8142
Unfortunately, part of the societally accepted entrepreneurial strategy seems to be sweeping those ugly truths under the rug and presenting as the confident, fearless, business-loving leaders our colleagues, peers, and customers expect us to be. Perhaps a glimpse into the deepest, darkest parts of our business-owning psyches will help you, as a peer, aspiring entrepreneur, or customer, better empathize with the entrepreneurial journey that occurs behind closed doors.
As entrepreneurs responsible for the success of our business, our first reaction to a dissatisfied customer should be an internal audit. Did our product fall flat and underdeliver? Sometimes unsavory, ill-intentioned characters with a penchant for making noise and wreaking havoc find their way into your sales funnel or customer list. This fear keeps entrepreneurs walking, talking, and marketing on eggshells, bending over backward to appease and pacify even the most demanding of customers, simply to protect their fragile reputation from the whims of angry keyboard warriors and pseudo influencers seeking the attention of a digital fight.
This might seem counterintuitive to a non-entrepreneur, but having our best month yet in sales is actually not the most welcome accomplishment. The problem with heightened standards? Being an entrepreneur means getting comfortable with — or at least used to — the uncertain ups and downs of business ownership. That insecurity haunts many an entrepreneur every day, especially on the heels of their best sales month yet. Entrepreneurs are supposed to have a plan: a three-month, six-month, two-year, five-year, ten-year plan, and beyond.
And many of us do — kind of. We have tentative plans — they may be incredibly detailed, down to the date of future product launches, or they may be more big picture, with monthly or quarterly goals.
Even those of us that have experienced years of continued growth and success sometimes wonder whether our gold rush of sales is a fleeting well that will unexpectedly dry up and leave us scratching our he and back to square one. When you think of a professional gambler, you probably picture a middle-aged guy at a casino with his hair slicked back and a cigar hanging from the corner of his mouth. As entrepreneurs, we have to take calculated risks. It happens even to the best of us.
Some are just better at hiding it than others. They may try to brush the failure under the rug or quickly move onto their next launch, but they secretly feel embarrassed, as if their audience and the world just saw them for what they really are: an unqualified charlatan. On top of feeling like undeserving, unqualified imposters reeling from our most recent failure or success, we also have a guilty pleasure we fantasize about from time to time. Sometimes, we just want to bag groceries — badly. If we sandwiched the refrigerated eggs between steaming roast chicken and some piping hot pizza slices?
And then blame the company if the beans are bad or the machine breaks down. If we get yelled at or the coffee gets returned? Sometimes, we even want the freedom to be a subpar employee without feeling the repercussions of our performance reverberating through our entire business.
In mulling over that escape plan, they remain in constant search of the that spells freedom from the entrepreneurial chains that bind them. And this isn't just early-stage founders. Believe it or not, they may be shielding you from the heavy burden of worries they carry. Many entrepreneurs — especially the customer-facing public figures at the forefront of their companies — feel that revealing the cracks in their entrepreneurial armor could compromise their business altogether.
If partners realized just how uncertain these entrepreneurs were ahead of each launch, would they still multi-year contracts? CEO of Beta Bowl. How to succeed in entrepreneurship; feat. in. Spilling the beans could cost them their business — or so they think. Rachel Greenberg Follow. Secret 2: Sales spikes breed insecurity This might seem counterintuitive to a non-entrepreneur, but having our best month yet in sales is actually not the most welcome accomplishment.
Secret 3: The universal 5-year business plan Entrepreneurs are supposed to have a plan: a three-month, six-month, two-year, five-year, ten-year plan, and beyond. Secret 6: The dream job they fantasize about On top of feeling like undeserving, unqualified imposters reeling from our most recent failure or success, we also have a guilty pleasure we fantasize about from time to time.
Entrepreneur's Handbook How to succeed in entrepreneurship. Entrepreneurship Business Startup Entrepreneur Life. Entrepreneur's Handbook Follow. Written by Rachel Greenberg Follow. More From Medium. Samuel Mandillah in FrankfurtValley. Startup-Unit Hamburg in startup-unit-hamburg. Why I was bullish on Agicap at seed.
Razor Network in Razor Network. Scarcity Breeds Creativity. Mike Stemple. Divyansh Raghuvanshi in DataDrivenInvestor.Want to know a dirty secret
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