Honestly speaking, there is this strange belief among some entrepreneurs that they will have an idea and it will be successful, and they'll be rich. No, making money is hard. There is always a lot of work that needs to be done, it is time-consuming, it requires persistence, you will need to constantly think and make changes to your workflow, your product and how you communicate about it. It is something that every entrepreneur should be aware of, and go in with that mindset.
The greatest wisdom my mentor shared, "making money is hard"
byu/sideprojectbecca inEntrepreneur
Posted by sideprojectbecca
7 Comments
honestly, most people who start business won’t make it. but not because their idea sucks.It’s because they can’t handle the constant grind, the pivots, and the mental load, you even sometimes have to sacrifice your time with family and friends. in real world entrepreneurship is 90% persistence, 10% idea
If that’s what you want to believe then sure, it’s always going to be hard to make money with that kind of mindset. Many things in life are hard. You just choose your ‘path of hardship’ and have grit about it.
Making money isn’t hard once you realize the real challenge is building and testing the system that makes it for you. The sacrifice is worth it for the time you gain back later.
This is so so so so wrong. I say the same thing over and over and over. We worked a business consulting firm. The thousands of companies we worked for. We implemented THE SAME fundamentals every single time. If you follow a set basic ideas you will be profitable. Hell, you don’t even have to follow all of them.
The issue is people get off script. They get so “professional” that they quit doing the basics that got them there. Then you see some business owner struggling and you say, WOW business is hard. Its hard for him. Not for me. We make business easy. We make it simple. We make it so we can easily train people.
just see and create value thats it
What i also find that its never mentioned is that you dont need to validate an idea every time. Everybody says- does this product solve an issue?
Sometimes a product doesnt need to solve anything , it just has to ignite the desire in consumer to own it . Thats why bernard arnauld family stays at number three richest family in the world (luxury items)
The greatest wisdom my mentor shared, ” Keeping your money is even harder”