Have you ever tried to start a business just to have it fail? If you have, you’re not alone. In fact, over 90% of businesses or entrepreneurs fail, especially their first time. The reason for this is because it takes much more energy and momentum to get a business off the ground than it does to keep it moving at a regular, consistent pace.
Often, the energy required to get a business running is an asset you don’t have readily available when you’re starting out. Usually to get a business launched successfully, it requires a certain amount of skill sets, years of experiences and even connections or knowing how the industry works.
Many business owners and entrepreneurs fail before they get over the hurdle of launching their business. Why? Because, the hardest part of starting is growing your skill set, experience, and connections, but it’s necessary in order to have a successful business.
What often happens to entrepreneurs after they have failed with one business is that they begin the process over with a new business. The cycle of obstacles are the same, but without increasing their skill set, experience, and knowledge, the new business fails again.
When this process happens over and over again, we call these business owners Serial Entrepreneurs.
What you need to remember
Don’t forget that it takes much more energy and effort to complete the hurdles in the beginning than it does to maintain your business.
The fact is: if someone in the industry is making money, then there is no reason you can’t do it as well.
You just haven’t learned or figured out how to make the business work, yet.
My Personal Experience
When I first started writing books like The Business Launch Pad, it took me over six months from beginning to end. I had to research the industry, write the book, figure out the cover, and understand the ISBNs process. Since then, though, I’ve written many more books. In fact, I wrote and published three books in the same amount of time it took me to write and publish my first book (six months).
Because I overcame the hurdles of starting my business in the beginning. I became knowledgeable, experienced and acquired the right skills to continue. I had the right team and processes in place.
In your case
If you’re trying to get your business off the ground, the getting started phase is always much more difficult. It takes a lot more energy and effort to get over the hurdles. What you need to do is either find and acquire the proper skill sets required to get your business up and running or get someone who can help you fulfill what you need to get done.
Getting the right team in place will help you get over those barriers. And once you have the right team, the next time you create a product or service, you’ll already have the experience, skill set, and knowledge to continue forward. You’ll be able to focus on the building and growing your business instead of wondering why you failed.