Journey of a Serial Entrepreneur

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How to get from where you are to where you want to be

Is it all about the money?

You must not for one instant give up the effort to build new lives for yourselves. Creativity means to push open the heavy, groaning doorway to life. This is not an easy struggle. Indeed, it may be the most difficult task in the world, for opening Daisaku Ikeda

I hear it all the time….”I will start up my own company when I have enough money” or “I can’t start a new business because I don’t have the funds”. I used to think along these lines once upon a time as well. The reasons why some think this way are purely psychological. We set up sub conscious barriers which inhibit us to go into unchartered territory. We fear that we may fail or that we wont have the confidence that is needed. Since nothing can really prepare anyone for this deep dive I just ask the question “Do you believe that your product/service has the potential to become something huge?”. The answer to this question helps you break down any internal barriers you may have. It will strengthen your resolve and make you think deeper about what you are actually wanting  to achieve. I sincerely believe that money should not be an hurdle when you believe that you have something unique to offer the world coupled with the confidence you can deliver it .

I have been part of and have created quite a few companies in the last couple of years. I don’t recall a time when money was the primary hindrance in wanting to execute what we had in mind. Don’t get me wrong, money is a great thing to have while running a business, its just over reliance on it which causes a blur. Over the next week I am going to be talking about some of ways that you can look into raising funds for your startup. Pre-requisites would be, the belief that you have a potentially value adding service/product, have part of your team in place and a burning passion to succeed  to bring about positive change. Without these factors I am certain that even if you raise capital, chances of success are reduced.

The fact of the matter is that when you want change in your life or you do not want to go down the the beaten path you have to want it bad enough. Stuff like finding the right team and the right investment partner become much simpler feats. I had mentioned this before, when you are looking for success it has mysterious way of creating pathways for you to find it. Letting the world tell you that it is too difficult is just its way of testing your resolve. If you truly believe that you have what it takes to make it,  I am very sure that you will have no problem crossing this hurdle.

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2 Responses

  1. […] you embark on taking money from anyone you have to be completely sure about what was talked about yesterday. We need to be completely sure where we are going with our idea, with whom and how. So when I […]

  2. LifeX3 says:

    Hi, good thought.

    You said: “If you truly believe that you have what it takes to make it, I am very sure that you will have no problem crossing this hurdle.”

    Well, business, success, …etc depend on a lot of factors favorable to the success of a business, as you know. It must happen at the right timing and the right place (environment). Even if we have the capital and the right skills for running a business, it does not necessarily guarantee a success. There are too many things that can lead to success or failure of a business. Opening a business is easy nowadays, but making it grow and keeping it rolling is another story. I’m still learning how to make my business grow and keep it rolling when the market is not so good.

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