Becoming a better entrepreneur

Entrepreneurs are insane, they take huge risks, put everything on the line – all for the sake of doing what they love – starting and building companies. To be an entrepreneur you have to be confident and know what it takes to make it happen – I love saying that! You can’t let anything stand in your way of getting things done…nothing.

And, these same traits that are necessary to be a great entrepreneur might also be holding you back from becoming even more than you thought you could be.

Let’s take a look at what might be holding you back and see what we can do to push you to be better.

You

You need to wake up each morning and look seriously in the mirror. The one who is going to hold you back is you. The first person you need to learn to lead is yourself. And, if you can’t lead yourself, how do you expect to cast vision and lead a team. You can’t. Look in the mirror every morning and get yourself in check.

A level entrepreneurs attract an A level team

If you think you are the shining star and you don’t need anyone else, then you suck. You deserve to have you ass beat and thrown out into the streets. Great entrepreneurs know that they need to surround themselves with the best and brightest team. The better the team the better the outcome.

Over the years I’ve built both A level teams and B and C level teams. Let’s just say the B and C level teams taught me a very valuable lesson: take the time to hire the best and don’t settle for anything less.

Communicate, communicate, communicate

A mentor use to tell me to always keep a high level of communication. He use to ream my ass everyday about communication to the point I finally learned. He beat it into me and I am so thankful he did.

If you want to piss people off, fail to communicate with them. This is no different at home with your wife or your kids. You need to communicate. Let your people know what’s going on, both good and bad – I’ve learned this lesson too.

Invest in creating a culture that communicates well and rewards for it too.

Built a family not just a team

Stop looking at your team as people who just make you money. Look at your team as if they were family. Care for them, love on them – not physically, and do what you can to always be there for them – that is what family does.

Always be understanding, put yourself in their shoes, and do what you can to help them pursue their goals and dreams. It’s not just a team that you should be building, you should be building a family.

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How about you? 

What can you do to be a better entrepreneur?

 

Winning requires failure

I know that I’ve talked allot about failure lately, but it is just so real and awesome! People who are afraid to fail don’t end up doing much with their lives. God built us to fail. And God built is to fall. We just have to keep getting back up and thriving everyday to win.

If you think failure isn’t part of winning in life then you are more than a failure, you are an idiot.

Wait a minute, who is this guy saying that failure is awesome. How can failure be seen as awesome? If you honestly have to ask that question, you are not fit for what it takes to win. Winning requires failure.

If I offended you, I’m not sorry. You need to keep your job, play it safe, and do what you do best…working for someone else. There is nothing wrong with that. Not everyone is built to push the envelope to the point of literally breaking bones – back in my racing days, if you hadn’t broken a bone you got weird looks like, “You are a racer, no way, shut up!”.

If you’ve decided to keep reading this and you’re not totally pissed off, let’s be honest about something. Failure is brutal and more often than not, it hurts like hell. Some of the worst pain you’ve ever felt. Sometimes it’s even so bad that it takes you to your knees crying and weeping like a little baby – I’ve been there. Not because of physical pain, but more because of mental and emotional pain. It’s cool to man up and cry….I won’t judge you.

In my racing days we used to have a saying, “If you’re not falling down, you’re not going fast”. It’s true. This meant that if you were playing it safe and not pushing the envelope then you probably weren’t winning races. You were losing races. See, the guys and girls who gave it all they had and took changes won the races. And, the races they didn’t win, they went down hard, got back up, and kept riding.

Winning is hard, failing is hard, but it’s just what has to happen if you want to win. You can’t be afraid to push the envelope and get a little nuts. Yeah, you will fail and it will hurt like hell. Just get back up, learn from it, and move on.

In my racing days, I took some bad crashes where I broke bones, messed up organs, and busted up my face. But, it never stopped me from getting right back on the bike and having a good time.

Take some chances, push the envelope, get nuts, and do it now before you end up living some boring ass life.

Have a great week friends!