#OvercomingFeelingsOfFailure #EntrepreneurialMindset #PushingThroughAdversity
Hey there! First of all, I want to commend you for reaching out and being open about what you’re going through. It takes a lot of courage to admit when you’re feeling lost or unsure about your next steps, especially when you’ve already achieved so much at a young age.
It’s completely normal to hit a rough patch, even when you’ve already accomplished a lot. Feeling like a loser doesn’t mean that you are one, and it’s okay to acknowledge that you’re going through a tough time.
Here are a few tips and insights to help you push through this period of uncertainty and re-ignite your passion and drive for your business:
1. Reflect on your journey so far 🌟
Take a moment to look back on all the incredible things you’ve achieved. You’ve built a successful online fitness coaching business and generated multiple six figures – that’s no small feat! Acknowledge your hard work and the hurdles you’ve overcome.
2. Embrace the discomfort as a sign of growth 💪
Feeling stuck or like you’re not making progress can actually be a sign that you’re ready for the next phase of your business. It’s okay to feel uncomfortable or uncertain – it means you’re pushing yourself beyond your comfort zone.
3. Surround yourself with supportive people 🤗
It’s tough when your family doesn’t quite understand your entrepreneurial mindset, but seek out support from other like-minded individuals. Join business networking groups or find a mentor who can offer guidance and encouragement during this turbulent time.
4. Set ambitious but achievable goals 🎯
It’s great that you want to work harder and dream bigger, but make sure your goals are realistic and attainable. Start by breaking down your larger vision into actionable steps that you can take in the short-term. This will help you regain a sense of direction and progress.
5. Keep testing and adapting your ideas 🧪
The fact that you have new ideas and are testing the market for them is a positive step. Keep exploring different opportunities and be open to adjusting your strategies based on feedback. Not every idea will be a hit, but the process of experimentation is essential for growth.
6. Seek inspiration and motivation 🌈
Feeling uninspired or stuck in a rut is common for entrepreneurs. Look for ways to reignite your passion, whether it’s through reading books, attending conferences, or even taking a break to pursue hobbies or travel. Sometimes, stepping away momentarily can provide a fresh perspective.
7. Remember to celebrate small wins 🎉
As you navigate this period of uncertainty, don’t forget to celebrate the small victories along the way. It could be signing on a new client, getting positive feedback on a new product, or even just making progress on a challenging task. Acknowledge and reward yourself for these milestones.
8. Develop a support system or accountability partner 🤝
Consider finding someone, whether it’s a friend, colleague, or fellow entrepreneur, who can hold you accountable and provide encouragement. Having someone to bounce ideas off of and keep you on track can make a world of difference.
Remember, it’s okay to feel lost and unsure of what’s next. What matters is how you respond to these emotions and challenges. Keep pushing forward, stay open to new opportunities, and trust that this period of uncertainty will lead to your next evolution as a business owner.
You’ve already proven that you have the drive and determination to build a successful business, and I have no doubt that you’ll push through this rough patch and come out even stronger on the other side. Keep believing in yourself and your vision.
You’ve got this! 🌟
You’re not alone buddy. Plateaus come and go. Give yourself some grace and take the “down time” to get curious. Peek into things that aren’t biz related and others that are outside of your niche. Some of the most successful entrepreneurs and businesses marry two unlikely value sets to create something truly special. Take heart.
Ride the wave of uncertainty – keep your eyes open
Cool (the business I mean)
No advice but hope you reach your future goals
Change.
I mined 300+ Bitcoin in 2013 and spent most on party favors… but… 2017 cane along and I mined several thousand ETH. Learn from your mistakes and be patient, you can make opportunity you have to wait for the right moment and grab it.
Maybe get a break and go back to school? You can give MBA a shot ig
Not a business issue, a mental health issue. How’s your lifestyle? Eat/sleep/exercise well? Good nutrition? Underlying anxiety/depression?
It’s all good, brother. I’m 47 and ha e worked for myself since 1994 and have been rich and just got by sometimes. You’ve got a hustlers mindset, and that’s not a bad thing. My mom passed away 3 years ago tomorrow, and she made me realize that she was proud of me no matter what I did. As long as I put my all into it, she was proud. Live for yourself on your terms. Your family will eventually realize you can take care of yourself, and that will change. As far as what you do. Don’t worry about how much you make. Do something that makes you happy and eventually make it into a career. I still consider myself a hustler because I can make money in different ways. As an artist, writer, business owner, and more. Try being happy and then when the money comes. It will be that much more rewarding! Good luck 👍
I totally get it. I’m in mid to late 20s and going for 100k next year, just got fucked over and feel a bit low. If you ever want to chat or exchange business ideas I’d be down to chat.
Consider being a serial entrepreneur.
Get your first business to where it will run itself and either step back from it or sell it and start another business. Once you get the second one going you can come back to the first one, fresh again, and move it to the next level
Appoint a manager for this business and establish clear incentives for them to grow it, then meet with him once a week or every two weeks to keep the business in check. This will free you completely to pursue a new project, either to grow this business or to develop a completely new business. Keep doing this and before long you’ll have a few companies in your group. It’ll keep you busy, happy and growing.
We all feel less of ourselves at one point or another. Our best recourse is to brush it off, stand back up, make do with what we do best. Get back to work. Hard work is never dismissed and always pays off in the long run.
Connect with like minded people like you in San Diego. Groups that will help push you and keep you accountable to reach your potential. Entrepreneurial Masterminds. Live in an entrepreneur house. Hire a executive coach. Check out Junto Global (Parker Harris), Luke Depron, EO San Diego (entrepreneur organization). Michael McCafferty is a coach. DM me if any questions.
https://instagram.com/fitmenproject?igshid=MmVlMjlkMTBhMg==
Multiple 6 figures by the age of 21 is not a failure by any metric!!! You’re doing more than fine. The only potential “problem” that you’ve identified is the risk of complacency, which can be addressed by venturing into a new vertical or a guided approach to improving user experience within the one you’re currently in.
I actually have a gym owner client with 2 locations in the US with a newly added and growing online consultancy that I can share **anonymized** notes/feedback on **(for ethical and security considerations, I don’t share details that could identify my client(s))**
And your family won’t understand your entrepreneurial mindset, because most people don’t. If they did then they, along with most of the world, would compete away your profit margins.
As someone that was a former foster kid and has achieved many blessings in business, almost no one from my childhood believes or understands my milestones or challenges as an entrepreneur and I quickly realized that I needed to fraternize with other entrepreneurs; people that share my experiences and aspirations.
Feel free to reach out to me @ (310) 844-6683 if you wanna chat or text.
You need to accept there is always someone ahead of you and stay off of social media where there are posts showing millions of (fitness)influencers that seem to be kicking ass. Also have some humility, millions have medical issues preventing them from performing close to the level you perform at. Do some volunteering and notice those with real challenges trying to make it day to day.
Enroll in University seems like the best answer.
Enjoy your your current coasting it doesn’t happen often enough.
If you’ve reached a coasting period it means your not burnt out and have the capacity to think logically.
As for the money part, if you have what you need, have what you want and are working on retirement savings, the compelling questions become, how much do you want, how much do you need & what the hell are you going to do with it.
The guy with the most money wins nothing and you can’t take it with you.
Finally, make sure find some time to enjoy life, have fun and laugh. This comes to you from a guy who had a significant heart attack at 52 and a 2nd one 9 months later.
I happily retired at 58 after shutting down my own company when I declared “I’m done, Fvck everything!” 🙂
The perils of having an entrepreneurial spirit, is the internal restlessness. It never ends. It’s just the wiring…. You have to feel stimulated and that’s ok. Maybe, add additional outlets in addition to your business, so that you can express all levels of your self, that need to feel challenged. Joint jujitsu? Karate? Kendo? (Your body needs just as much challenge as the mind) When you join a community, you’ll meet other people and can build from there too.
I’m a scientist and my family doesn’t ’get it.’ F’k it. They’ve got their own lives and stressors. They probably never will, and they probably will never give a nanosecond of thought to consciously acknowledge it.
Pick a project that may interest you. Could be a hobby? Something more intellectual or academic? More technical? Don’t invest too much capital in it. If it doesn’t spark something in you then… F’k it…
Do it again, and be a better entrepreneur, a better human, or a better problem solver for what you’ve learned—even if you’ve only learned something about yourself.
Growth comes in many forms—and so do life’s challenges (or trivialities) that lead to it.
There is no end to the hustlersnlife
I’m in the same place man (although I’m in music and not anywhere close to that financially) relatively speaking I’m much more successful than most in my field especially for my age. I have a lot of skills and experience but none of the paths I’m currently on excite me. It’s taken me two years to really figure out that I need to step away and buckle down when it comes to personal health and expression.
For me that looks like getting a sustainable part time job outside of music to fill my time and let me explore my own creativity without having to rely on opportunities I’m unsure of.
For you it will look different but focusing on health and wellness will never be a bad choice.
Honestly wish I had the talent, intellect, drive, discipline you have to be in such a position. Bored of your multi-thousand dollar business.
Are you interested or opposed to helping other less successful people reach such heights?
Hell, one day I want to be in your position and I’m about a decade older than you.
Why do you think you’re slacking off? Is it that you’re afraid to try to achieve your big dreams or is it that you’re losing interest, or something else?
Do you have a clear vision for what you want, and you just need to get started, or would you benefit from unplugging and taking a mini sabbatical to take space to figure out what’s next?
Sometimes we need to jump in, sometimes we need to take a step back.
Well to me your set up sounds like a dream. To be that young and fully financially free is a major blessing. I’m in my late twenties and still building and haven’t caught my break/stride yet. And let me assure you every day is pain when you’re financially strapped.
But what I will say is that boredom is peace. So enjoy your peace while it lasts. Because as you continue to live and evolve, so do your problems. And things can change for better or worst overnight and in unexpected ways.
Also growth and productivity don’t always have to be about money. Invest in your personal growth while you have the “downtime.” Become a better you. Get in great shape. See the world. Expand your experiences and the next opportunity will present itself with time.
Start another business, but don’t put everything into it. Failing can bring us back to reality and take some of the startup bug away, or it can prove we are the next Edison and need to create more.
A loser is someone who doesn’t do anything. You have an entrepreneurial mindset. You take risks and strive to build something new. You may face setbacks and experience both gains and losses. Never lose yourself and your dreams. It doesn’t matter if you’re rich or poor at the moment. What matters is your skill, experience, and mindset. There will never be ideal times, we must develop in the conditions that exist. Keep moving forward, even when things are tough, your efforts will be rewarded.🚀
It sounds like you’re anticipating happiness to come from external factors. Just so you know, it never will. It’s only inside yourself that you’ll find it. Then once you do, everything external becomes play – your business, the risks you take, the challenges you face. You become so stable internally, that no matter what storm is raging outside, inside you’re at ease.
Check out some books by Thich Nhat Hanh.
You’re already doing great. Good luck.
Judt put yourself a fe years back where and how you were then.
There is no stop on what you want and could be.
As long as you dont fall back do whatever you want.
Dont do drugs.
Dont get married yet, or kids.
If you hit the million and the age of 30 do whatever the fu you want.
If you got the million and dont want more
Dude failure is endless. Most people fail until they hit 50 years old. You’ll be alright. Don’t beat yourself over it too much. As you get older you’ll get tired of making emotional decisions (just like me) and you’ll inevitably start winning. When you get older life becomes boring. You get lonely, and literally the only place left to go is up. This is why older people are more successful than young people. You are lucky to still have your parents care about you, but when you hit 28, that’s when you realize nobody is coming to save you then you’ll start succeeding in ways that you never thought was possible when you were younger. The emotions will disappear and all you’ll be left with is a latter that will take you to the top.
Growth, certainty and uncertainty are all required for happiness. You’re about to be happier
First of all, congrats on building a successful business! There are some whom due to outside factors and other issues, never ever get it, so way to go!
Second, even though there is a clock on our lives from birth, it’s ok to allow for time to ponder and gain perspective. You are very young and fortunately you have time on your side, which won’t always be the case.
Remember, not all growth is linear nor measured by constant income increases (despite how it appears). You can be growing in ways that will be utilized and come into play without you being aware of them, and only after living through them and in hindsight will they be realized.
You’ve mentioned you’re trying different things, sounds like you’re still applying yourself. You’re growing, be cognizant and stay vigilant. Your family (if not entrepreneurial) might not ever understand.
Stay up.
Seems like u just braging to making this much money instead going to college
The real painful truth is you’re comparing yourself to the $300k – $600k average salaries we are seen in tech and other industries. Post covid has changed the benefits of being an entrepreneur compared to 9 to 5 since in both scenarios you can work from home (and many other things I cbf to type)
Honestly, you don’t have to love your business to profit from it. If I were you, I’d think about how to go about scaling it so that you can focus on other ventures or even find something more interesting to do with your current one. Most people work 80% of their time in the business and 20% on the business. If you automate that machine, you can spend 80% on the business and 20% in the business. That to me has been the fun part, at least for my business, rather than the business itself.
Get a retail job at minimum wage, the hate you have for that should fuel you and make you motivated. Forced yourself to stick our the job a month or so,it’s no good going in knowing you can quit anytime. That or break your heart, those are 2 of the things that motivate me super hard when I plateau.
Do something you never did before, try different sports, activities with the loved ones or friends.
Take some time off and just read and observe. You would be amazed how many things (new things) you will notice.
But do not react to all of them, the right idea will catch your attention and you will know when to move again in the right direction.
Good luck
You cannot succeed without pain. Your first business went through with the pain of inability to suit in your own family, also college dropout ( I’m from Europe, we don’t get into loans when it comes to college so that probably was no picnic either) now the world, gods, planet. Call it whatever you want, is testing if you are a good fit for it.
You always can hire some help, people, find someone to pull this ideas off, but most important is if you are ready for the next step.
That’s funny, but I’ve learned that some time ago. If I wouldn’t have been broke after few businesses that went bankrupt I would totally fuck it up my current business.
Life is a process, trust and be open getting better context in life 😎
Sometimes we get bored because our goals are too small. I remember thinking that I wanted to make $100,000 a year at a job. When I did that in IT at age 27 I noticed I lost something. I lost energy and drive.
Try setting your goals higher. What does a $10 million business look like for you? A $100 million business? If that doesn’t excite you maybe you need to start another business and see how many businesses you can start and run.
21 Years old and feel like a loser? Seriously? You realize how many 21 year olds are barely scraping by and you’ve got a successful business?
Go to therapy. Stop worrying about your business for a while. Take a vacation. I think you need to unplug and recharge.