Connect with us

Are You Suited to Entrepreneurship

How To Conquer Your Fear Of Becoming an Entrepreneur By Being Disciplined

Dirk Coetsee shows you have to become disciplined in the art of entrepreneurship.

Dirk Coetsee

Published

on

Jocko Willink

“Discipline equals freedom.”

– Jocko Willink – Former Navy Seal Commander of operation Bruiser in Iraq

Fear sets in as anyone dabbling in entrepreneurship contemplates the magnitude of the task and the risks taken. Your stomach might also turn and your mouth become desert dry as you start facing the consequences of a dilemma that you have judged as impossible to manage or solve. An invisible object seems to press hard against your chest as you attempt to figure out how you are going to pay the bills with your cashflow under severe strain.

Symptoms of fear such as the aforementioned can test your resolve and assist you to reach a higher level of consciousness or it can numb you to a degree of total debilitation. Your choice, no one can overcome the fear for you.

Jocko Willink an ex-Navy Seal commander turned Business Leadership coach sites discipline as an antidote to fear. The more you practise even in situations when you do not want to and the harder you practise consistently the fear of failure diminishes in proportion to your conscious effort. I have not met Jocko Willink in person yet sincerely hope to. I am however a fan of his podcast and his books.

Related: 6 Timeless Strategies That Drive Successful Entrepreneurship

Besides being a decorated Navy Seal commander and respected task force leader in the much-publicised operation Bruiser in Iraq he is also reported to be a daily practitioner of Brazilian Jiu Jitsu an art that certainly requires a high level of discipline and humility, when a practitioner does not display a character of the aforementioned traits the art will teach it to him or her the hard way.

The reader simply has to listen to Jockos’ intense speech or watch a video on his Facebook page to realise what a lifelong practise of discipline can do to a man’s’ state of mind and what discipline can mould you into. Fearless Entrepreneurship is what we need in South Africa; fearless leadership is what we sorely miss in this potentially wonderful country of ours that is if we are as a collective truly serious about making this country great.

Fearless does not mean arrogant, it most certainly does not allude to ignorance, and above all it most certainly does not mean being totally self-absorbed.

Serve others, your friends, your family, your employees, and your customers through your fearlessness and through your brave action

Fearless in this context does not portray the superhuman ability of never experiencing the emotion or feelings around fear, it instead describes the cultivation of discipline to such a degree that you harness the experience of the senses as it confronts you with apprehension and turn it into brave action. There is no sense in denying that entrepreneurship is extremely hard work and not for everybody. Nobody told you that this was going to be easy, yet the journey of entrepreneurship can be extremely rewarding and positively challenging.

Motivation and Willpower is an internal matter, no one can motivate you, you are the decision maker as an entrepreneur. The only thing that a mentor or coach can do for you is to assist in creating an environment wherein it is easier for you to motivate yourself. Motivation and Willpower is fickle however and something as small as a craving can overcome your level of motivation. Discipline is not fickle and when cultivated as a habit through repeated work and sacrifice a high level of discipline can overcome almost anything.

Turn the volume down on the excuses that you use to avoid being a “disciple of discipline”. The most popular ones that has most likely run through every entrepreneur’s mind, at least at some stage are:

  • “I do not have the time.”
  • “I am so busy.”
  • “I am tired, let me hit that snooze button.”
  • “That person de-motivated me.” (As if motivation was an external factor.)
  • “I am not naturally gifted.”

Related: 46 Facts You Should Know About Entrepreneurship (Infographic)

“So, and so is just lucky, and I am not so lucky.” (When you witness the blood and tears and hours spent on honing their respective crafts you can find to your surprise that success can often appear to be luck, yet the truth more often than not is that successful entrepreneurs in general faced extreme hardships and had to work extremely hard before the appearance of luck occurred.)

“It is not my fault, it is … (fill in the blank) fault.” (The blame game has become an international sport with I believe more players than soccer, basketball, baseball, and American football combined.)

“Yes, but it is so hard.”

“I’ll leave it to the experts.” (And then you do not actually leave it to the experts you simply leave it undone.)

Continuously paint your excuses on the canvass of your mind and that will be your beliefs which in turn logically will affect your actions negatively. This is your choice and your responsibility as an entrepreneur just remember that you are the painter.

The above statements naturally lead to the follow up question of: “How do I reach a point of fearlessness if I already am in a lifelong spiral of apprehension, worry and concern?” I am confident that various answers exist to this question and with this writing I challenge the reader to diligently take on the effort of research and practise to find an answer that best works for her or him. Simply to offer help in the process I offer the following as a possible answer:

“The secret of getting ahead is getting started.”

– Mark Twain

Start small as to not overwhelm yourself with too much and sudden change. Begin with simple things to slowly start cultivating a more disciplined approach to business and to life:

  • Have a morning ritual even if it is just a few minutes in the beginning to start the day in a positive frame of mind. You could start your day by reading a few pages of a book that challenges you to higher level of thinking. You could pray or meditate. Do some exercise. Experiment until you find a morning ritual that works for you.
  • Make your bed. It can be the simplest things that when put together results in a more disciplined and better form of you.
  • Cut out one bad thing at a time from your diet. Cut out bread this week. Next week maybe sugar.
  • Start exercising even if you start with a five-minute walk.
  • Start a journal. I call this “bleeding on paper”, and from personal experience I can honestly say that if I did not have the therapeutic device of regular writing at my disposal I most probably would have had a severe panic attack a day. The purpose of this journal is to give an honest account of your struggles fears and progress as you slowly advance on this journey of discipline.
  • Follow those that you respect and learn from on Facebook, listen to their podcasts, read their books and or blogs. Never stop learning. Increase the time spent slowly but surely on this and eventually ensure that the average time spent on learning by far exceeds the time spent on watching TV. Act on what you learn and you might just be very surprised at the results.

“Accustom yourself to tireless activity.”

– Supreme Commander Alexander Vasilyevich Suvorov.

Have a clear written statement of your purpose and your various goals that you often refer to. Fix your mind and actions on making your purpose a reality and steady yourself through disciplined practise and lessen fear, for failures will approach to test your resolve and discipline.

I root for and have South-African entrepreneurs close to my heart. I sincerely hope to see you on the other side where we all are in a state of fearlessness. Until then do the work, repeatedly and tirelessly.

Dirk Coetsee is the president of Curator South-East Asia a consulting firm that has a proud twenty year history in scaling businesses through franchising or other vehicles. Curator helps entrepreneurs to ‘Survive and thrive’ by scaling their businesses through franchising or securing funding and sales channels for them. You can contact Dirk at: dirk@curatorgroup.co.za or browse through @ curators’ website: www.curatorgroup.co.za.

Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Are You Suited to Entrepreneurship

5 Fierce Ways To Become The Ultimate Entrepreneur

What does the ultimate entrepreneur look like? The truth is that although we aspire to many of our role models, success is personal. Here are five ways to find your own ‘ultimate’ success.

Erik Kruger

Published

on

ultimate-entrepreneur

For some, the ultimate entrepreneur might be someone like Elon Musk — working non-stop, rich beyond measure, but with no balance in life.

For others it might simply be someone who has built a business that will sustain them; an entrepreneur who is successful but also prioritises other aspects of their life. Take a second. Think about it. What does it mean to you?

In my view the ultimate entrepreneur is focused, has copious amounts of positive energy, a supportive network, is mentally tough, has their priorities in order and has a steadfast idea towards which they are working.

Here are five ways to go about building yourself into the ultimate entrepreneur (or at least my version of one).

1. Seed your day with energy enhancers

Your energy is your secret weapon. You should protect and enhance it at all costs. When I talk about energy I am referring to both physical and mental energy. There is an esoteric component to this as well, but we will leave that discussion for another day.

Related: High Impact Entrepreneurs Accelerate Job Creation And Economic Transformation In South Africa

How can you enhance your physical energy? The simplest way is to get enough sleep, drink enough water, and clean up your diet. It really is as simple as that. Just get the basics right.

How can you enhance your mental energy? Remove friends and influences that drain you and replace them with a network of people who support you and can appreciate the level at which you are playing. I also suggest to my clients that they carry small symbols with them that can remind them of the goals they are working towards and other things that are important to them.

2. Train for mental toughness

Mental toughness is the ability to pursue your goals with a positive attitude amidst the challenges and chaos of life. The most important thing I want you to know about mental toughness is that it is trained. This means that you must put in the effort and time to develop a stronger mentality.

The two important skills to train are:

  1. Self-awareness. In other words, becoming aware of the moment that you start latching on to negativity or succumbing to images of a future that might never come to pass.
  2. Creating a strong counter visualisation. This visualisation ideally contains emotionally-charged images of the big goal that you are working towards, the person that you are becoming, and the things that matter to you.

Mental toughness does not ignore the problem. It simply allows you to keep moving forward while you figure things out.

3. Create a support network

It’s a great feeling when you finally find people who get it. They get what you are trying to build and the pressures and challenges you face. I’d love to tell you that such people are all around you, but the truth is that they aren’t. You must go looking for them. At events, on social media, at business forums, really wherever entrepreneurs congregate.

As with most things you need to realise the importance of time in building such a network. So, start sooner than later. One day you will wake up and realise that the people you once admired are now peers and form part of your network. It’s a great feeling. But start now.

Related: How To Control What You Can And Influence What You Can’t In Your Life

3. Zoom out

You are not your business. This is important and difficult for entrepreneurs to hear. Business is such a personal thing. Especially in the early days when you literally are your business. At some point however, you need to realise that you cannot let your business consume your life. It’s one component of your life, not its entirety.

So, make sure that you are looking after and making time for your health, your relationships, your energy levels, your creativity, and your hobbies.

4. Is it all about the money?

This ties in to the previous point but also to a greater purpose. I get why money is such an important metric early on. We need it to survive, and to that end, focusing on creating more money in your business is a great goal. However, money always seems like an important thing to chase, until we have enough but are still found wanting for something more.

I think there is purpose in you just being alive, but I also believe that we create purpose with our intentions and actions. You might not currently know what a crafted purpose looks like, and that’s okay. I would encourage you to consider what your life (and business) looks like in the bigger context of serving others.

The ultimate entrepreneur is an ideal that you must create for yourself. Don’t copy the greats. Build your own version 2.0 and make it damn good.

Continue Reading

Are You Suited to Entrepreneurship

Awaken Your Entrepreneurial Spirit

Got a great business idea? Here’s how you can awaken your inner entrepreneur and turn that idea into income – by Dr John Demartini, human behaviourist and founder of The Demartini Institute.

Dr John Demartini

Published

on

Dr John Demartini

Whether you’re keen to start a business in services or hospitality, food or retail, all entrepreneurial ventures have two things in common: you, and the people you want to serve. Together, you form a community bound together by values, and this is what determines your success. That’s because the more your venture allows you to live by your highest values or priorities, the more prepared you’ll be to weather the storms that are an inevitable part of entrepreneurialism and ultimately be able to thrive. On the other hand, the more you’re able to fulfil other people’s needs, the greater your chances of success.

1. Find your niche

A niche is a gap, a need that is currently not addressed by existing businesses. There are all kinds of niches; some are completely disruptive (like Uber, which revolutionised public transport), others simply improve upon an existing concept. But, just because you have identified a niche, doesn’t mean that it’s right for you. You need to make sure it’s a niche that speaks to your market’s needs, while also speaking to your individual needs or highest values.

Related: 7 Character Traits Every Entrepreneur Can Cultivate

To do this, you have to make sure that you are clear on your own highest values:

  • What is important to you?
  • What are your priorities?
  • How can you use your business to fulfil these?

If you can’t answer these questions, you may find that you don’t have the energy or resilience to invest in what is an undeniably challenging career path. At the same time, you also need to make sure that you are in tune with the dominant buying motives or highest values of your market. If not, you are simply assuming that there is a need for your product or service, when there might not be. The more you are able to answer the market’s highest need or value, the greater your chances of making a sale.

2. Think innovation

The most successful entrepreneurs are those who improve life for others. Again, Uber stands out as a great example. That’s why it’s not enough simply to have a good head for business: If you’re set on an entrepreneurial career, you need to cultivate an inventive mindset. You need to be constantly on the lookout for the gaps in current offerings so that you can address them and, in so doing, offer people an improved product or service. It’s about creating efficiency and convenience. But, as I’ve previously mentioned, innovation isn’t always new; sometimes, it’s just better.

Richard Branson stands out as a prime example of an entrepreneur who finds dinosaur companies with big brand names that overcharge people because they are well known. He offers to do the same thing at a fraction of the price. He’s not offering anything new; but he is offering improvement and greater efficiency.

Related: Why Conflict Resolution Is A Matter Of Matching Values

3. Focus on problem-solving

You need to be clear on the fact that entrepreneurialism isn’t solely about making money. It’s also about upgrading people’s quality of life. In this way, entrepreneurialism has an inextricably humanitarian component. Once you start focusing on how you can solve the problems that dog our society, you’ll have found a truly rewarding niche – one that’s not only financially rewarding, but one which allows you to service the largest number of people.

4. Keep looking for opportunities

The ability to identify and pursue opportunities is hardwired in most entrepreneurs; it’s part of their DNA. It must be, because this is the only way you will be able to keep refining, building and expanding your business.

Continue Reading

Are You Suited to Entrepreneurship

4 Entry-Level Jobs That Will Prep You For Entrepreneurial Success

Success is a journey, not a destination, so think hard about where to start.

Published

on

entry-level-jobs

Entrepreneurship might look like an unruly beast, especially when larger corporations are involved. However, those in the daily grind of entry-level positions are already developing the necessary skills to bring this wayward creature to heel.

“One of the first truths you’ll learn about entrepreneurship is that you’re 100 percent responsible for your success or failure,” says fellow Entrepreneur columnist Mike Monroe.

Entry-level positions in many different areas – including sales, marketing, development, project management and customer service – provide the perfect environment for future entrepreneurs to learn that truth and hone their skills.

Learning to fly from the ground up

While the average entrepreneur is 40 years old, younger people eager to make their own way have plenty of developmental opportunities that can help them hit the ground running. According to a 2017 survey from Heidrick & Struggles, nearly 15 percent of CEOs at Fortune 500 companies started in the sales department. These high-powered executives didn’t waltz into the C-suite on day one; they learned the tricks of the trade on the front lines with everyone else.

Related: Entrepreneurship Is All About Overcoming Obstacles

If you crave the life of an entrepreneur, don’t let the barriers to entry get you down. Take one of the following entry-level jobs and use your time in the workforce to get the experience you need to launch your own business.

1. Sales

Inbound or outbound, sales experience can give any would-be entrepreneur a leg up. Not only do you learn how to communicate effectively in a sales position; you must also understand the products you sell (and the brand behind them).

A job in sales will teach you to stop trying to convince people that they need what you have and start listening to what they want. Once you recognise that the market dictates what you sell, and not the other way around, you’ll be prepared to run a successful start-up.

2. Human resources

human-resourcesHR pros keep businesses running. If you work as one, you will quickly learn how much things like timely payment, accurate sick-day counts and health insurance matter to workers. To keep your team happy, you’ll need to know what employees consider to be important. What better way to learn that than to take a job where they let you know?

Jobs in HR also provide crash courses in communication skills and legal compliance. For example, it’s much better to learn that a manager can’t force an employee with folliculitis to shave his beard before the decision affects your pocketbook.

Related: Going It Alone In Business? 5 Reasons That’s A Really Bad Idea

3. Customer service

It doesn’t matter what industry you’re in: If you deal directly with customers, you learn how to handle tasks quickly while keeping a friendly face.

Customers range from the kindest people you will ever meet to those who become enraged when they can’t double their coupons. As an entrepreneur, you and your team will deal with all of them. Learn how to respond to customer complaints on someone else’s dime, so that when it’s your turn to do so, your learning experiences won’t have a negative impact on your bottom line.

4. Leadership

To be a truly successful entrepreneur, you must learn how to lead a team. Leaders invariably learn some tough lessons at the helm, but if you wait until you are running the whole operation, those lessons could cost you some of your best workers.

This may seem like an odd suggestion for an article on entry-level positions, but note that you don’t need to be in a leadership position to learn leadership skills. From your first day on a job, your supervisors will be sizing up your initiative-taking ability and your critical-thinking and time-management skills to determine whether you have the capabilities necessary to take on more complicated projects. Look for opportunities to listen effectively and motivate those around you – this will help you hone your leadership craft until you get the opportunity to take on the role for yourself.

Related: Start This Business With Zero Advertising Budget And No Need For Premises

These positions and skill sets provide invaluable lessons for entrepreneurs, but they’re hardly the only ones. Reporters, insurance adjusters, accountants, teachers and consultants – these jobs and many others are full of learning opportunities for aspiring entrepreneurs.

If you have to work for someone else before you found your own company, don’t treat the opportunity with disdain. Learn everything you can on the job, so that when your time comes you can use those lessons to lead your company to success.

This article was originally posted here on Entrepreneur.com.

Continue Reading
Advertisement

SPOTLIGHT

Advertisement

Recent Posts

Follow Us

Entrepreneur-Newsletters
*
We respect your privacy. 
* indicates required.
Advertisement

Trending