Online entrepreneurs constantly need motivation in order to better cope with ambivalent market forces. This Friday, end your workweek on a high note. Refresh your mind with these motivation-boosters and look forward to another week of productivity.
Mark Cuban wrote an article on Bloomberg explaining how the fear of failure motivates him to do better.
He said: “No matter what business you’re in, you’re always at risk — particularly in technology, where it changes so rapidly you’ve got to put in the effort to keep up.”
Because it’s the same for everyone in any field, failure should motivate you to excel in your chosen undertaking.
In the event you just failed at something, don’t panic. Mark Cuban recommends asking yourself important questions. Your answers to your own queries can actually give you perspective.
Questions like “What did I do wrong?” “Did I trust the wrong people?” and “How can I prevent this situation from repeating in the future?” are eye-openers. If you allow yourself to dig deep into the issue rather than evade it, you’ll be able to move forward and tackle future challenges with little to no damage.
As entrepreneurs spend their time growing their business, they can easily feel exhausted or frustrated. At times, you think that you are to blame for the problems in your company. These negative thoughts and emotions can dilute your focus and drive to succeed.
More than just maintaining a positive attitude, encourage yourself with affirmations. It could be a handful of quotes that personally strike a chord in you. Read a good book, perhaps a book that fills you with heroic zeal. Anything to keep you grounded and focused on what really matters.
Remember the reason you started this journey in the first place. What were the positive feelings that gripped you then? If you can bring them to the fore every time you face a setback at work, you’ll be surprised at how far you can actually go – as an individual and as a stakeholder in your industry.
Rejection can be a springboard for greatness. The trick is not to wallow in it no matter how much it sting. A saying once goes: “There is no such thing as failure – only delayed success.”
Train your mind to adopt this kind of mindset and you can cruise through any rejection without damaging your self-esteem. Seasoned entrepreneurs know that pleasing everybody is impossible. That’s why you do your best with what is there before you. If you’re rejected despite your best efforts, despite meeting a client or business partner half-way, the best solution is to just move on. Set your sights on less troublesome projects instead.
Trivia: Airbnb faced 5 rejections from investors before finally landing the deal that catapulted the online marketplace into a $30 billion fortune.
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