#Entrepreneurship #Persistence #StartupLife
Hey everyone! 👋 I wanted to spark a discussion about an interesting scenario. 🤔 What is your take on an entrepreneur that just won’t quit? Imagine someone who dove headfirst into the startup world in 2020, full of passion and determination, but has yet to see significant progress. How would you advise this individual? Here are a few points to consider:
– Should they keep pushing forward, believing in their vision?
– Is it time to pivot or explore new strategies?
– How can they stay motivated in the face of adversity?
If you were in this entrepreneur’s shoes, what would you want to hear? Let’s share our thoughts and ideas on how to support someone who refuses to give up on their dream. Your insights could be the key to helping them succeed! 💡 #NeverGiveUp
Try a different approach, a different market, get some mentorship, some feedback and if all else fails, stop what you’re working on, go back and talk to your customers.
You need a product partner
There are at least two kinds. A motivated individual and a pigheaded one. One is flexible, the other is not.
And I think the inability to learn the right lessons from one’s mistakes might be a third type. That’s hard to tell because we don’t know whether he’s doing the same things — over and over — hoping for a different result.
Theoretically, you could be in the same knowledge domain and have five, ten, thirty very different startups. There’s just no telling based upon the post.
If the guy is not, for instance, living in his car — I don’t see what the issue is.
>What would you tell that person? would you get him to stop? what would your advice be? Please consider this person as someone that believes wholeheartedly into what they are building and just won’t quit.
For a believer to lose their faith, there need be a crisis and shattering aftermath. That is not a business topic and isn’t right for this forum, as much as it would seem otherwise.
I don’t talk religion in a business forum.
Validate you are solving a problem that people actually care about, talk to customers, getting a lead to reply to you is one step, then getting them on a call is a huge signal, then getting them to “sign up” even if that means them filling out an email form on a single-page website for a product/service you haven’t built yet is an even bigger step, the only step beyond that is getting a customer to sign a contract/start paying for your product/service now or at a future date when it’s built.
If you can’t get through at least the first few steps of the above then you need to reconsider if you are talking to the right people, and if you are, why they don’t care about your product, and how you can adapt to make it something that is worth their while to talk to you about.
it’s a mix of “failing fast” to avoid wasting time/money, and also being relentless in the face of difficult times.
I’ve been working on the same startup since I was 18, I just turned 23 and still grinding my face off every day, we don’t yet have the perfect “product market fit” nor do we have any explosive growth, but we do have some happy customers and trickle of revenue, so I know we are on to something; even though it’s been much slower going than I would have liked.
best of luck to you, and if you want to share more specifics maybe I/the community can give better advice that isn’t so high-level/abstract
I believe that what you are describing is the definition of insanity. STOP , listen and learn from a successful mentor – you have to change direction.
When you say no major strides what does that mean exactly? No strides in terms of building an early product, no prospects or customers or something else?
Do some market research and consider hiring a consultant to justify your mindset.
success is waiting for them
The only difference between genius and insanity is success
Problems cannot be solved with the same mentality that got you there.
Time for redirection.
Learn new, think new, expand in ways you haven’t before bc the old you is clearly not cutting it. Find someone who has done it/mentor or like minded friend groups and learn from them, build a stronger network and look over the business and personal structure-look for holes where you hadn’t seen before-which can only take a different mindset and perspective. Be with people who will tell you like it is, rather than sugar coat it.
Allow yourself to be seen for critique and real help
You have to be delusional to be an entrepreneur because the vast majority never make it.
It’s also why success stories are so compelling.
That said, an entrepreneur needs to find that line between reality and delusion. It’s something I struggled with in the early years, especially when the workload was high, and there was no revenue.
However, eventually there was revenue, and reviews, and strides were made to illustrate that I was not delusional.
As for how to talk to someone (are you trying to convince them to give up?) it depends on your relationship with them. Friend, parent, spouse…those will all require a different approach.
Also, what are the implications? If it’s a spouse and they are neglecting the family and not bringing in income, that’s a much different conversation than if you’re a parent who just wishes their kid would have a job and forget this silly entrepreneur thing…
What’s the line of determination and wasting your time ?
This is why I always say 9-5 do not understand the grinding involved in winning as an Entrepreneur.
Yes it is a huge gamble but if he wins, his life will be changed forever. Provided he’s not asking you for anything financial, I say let him be.
Only a VISIONEER sees the vision. Every other person believes he’s crazy till the vision becomes evident.
I hope and pray it ends well for him – I’ve been there, I understand.
Can’t you help make it grow? Make it happen! I hope you have a lot of success. It might be the type of situation where you have to be the hero of the story. Put an interesting twist on the brand that makes it something people want to talk about. : )
In business you gotta separate feelings from your work, it’s not how you feel about it, you have to be realistic even if the reality is bitter.
If your idea isn’t working out it’s time to pivot and look at a different market.
That’s an entrepreneur
Hard to answer with no insight or context given as to the reason our beloved protagonist remained stagnant. The way this is worded makes me think the only factors being considered are how long its been, and how much you believe something will change. Belief is a necessary prerequisite to action but the action is what defines everything. What actions has this hypothetical person taken in the past? What was the result? How was that result interpreted? What actions are they taking now?
– If Im being real I think your problem is viewing this thing as outside of your control. It sounds like you’re waiting for success to find you or to somehow materialize out of whatever it is you’ve been doing. As if you’re waiting for the bus to get to your stop. That’s not how it works. Success isn’t traveling towards you from a distance like a bus and if you stay in the same spot doing or not doing the same thing it’s not going to just show up eventually.
You should be resilient and tenacious, and you do need that belief so that you dont pull yourself out of the race prematurely. Instead of asking “how long will this take?” You should be asking, “which adjustments should I make?” And be willing to make those adjustments.
Back up your self-belief with some evidence so that you can trust it not to waste your time.