Paying your Entrepreneurial Dues

[Fergus Dearden]

Over the past two years in my start up business venture I have paid a lot of dues. They are an essential part of the wealth creation process. Without putting in sweat equity you will get nothing out of your business.

I hear so many entrepreneurs complain that it is too hard to find capital, or just don't believe enough in themselves to continue. I have learned from experience that quitting is never an option. If you believe in your idea's then you should keep grabbing until you get there. Thinking thoughts of "It's too hard" or "I can't do it" will create a situation and a self fulfilling prophecy of defeat.

If you keep grabbing and keep missing 9/10, well that 1 time you hit can move you a baby step forward to where you want to be with your business. Eventually you will get a 1/1 ratio and everything you touch will turn to gold. Putting in sweat equity (IE Time) is the sacrifice that every entrepreneur must make before they will hit that big paycheck that they have been dreaming of.

Always keep this mantra in mind --> People who think that they are crazy enough to change the world are the ones who do. When you have a doubt, say it, when someone turns you down, say it, and when someone tries to put a roadblock in your way, say it. Never forget your goal and your overall objective as an entrepreneur --> to help others. If you pay enough dues, it is not the big paycheck that is the big reward, but seeing your ideas in action that are helping people around the world.

Fergus

[Saikat B]

What you said is very right. Its about believing in your ideology.
There is a wise saying...where there is a will, there is a way!
Thats what applies to business as well.
When u think that you need to shut down your venture due to lack of funds, you have already half lost the battle.
Half of all battles are won in the mind itself!
so, never lose what you believe in..no matter what difficulties you face!