Mar 3, 10

How to Jumpstart Your Entrepreneurial Adventure

Written by: Maren Kate // Comments
How to Jumpstart Your Entrepreneurial Adventure

If you want to truly live an extraordinary life, fueled by income streams you create, it’s imperative to have nothing to lose. I know that may sound unreasonable, irresponsible and like a misguided way to escape the 9 to 5 but in my entrepreneurial journey I’ve noticed it is the only way to go. So shake off your defensive about why you ‘can’t’ afford to jump head first into becoming an extraordinary entrepreneur and instead see why you can’t afford not to.

How to jumpstart your entrepreneur’s adventures

First thing you have to do is realize that extraordinary entrepreneurs live outside of societal norms 9 times out of 10. So don’t go chasing the dream of escaping the 9 to 5 and living the four hour work week then be surprised when you have to step way outside of your comfort zone to do it. People often say “But I have kids, a marriage, a job, a house, X, Y or Z how can I escape and live life on my own terms?”. Well I’ll tell you one thing, the path ISN’T the one you are currently on. But in reality you still are the only one that can decide which path will lead you to escape the rat race permanently… there is no quick fix, no magic bullet and no success pill.

Here are some jewels of advice on how to jump start your entrepreneur’s journey


  • Decide how much you want it. Rate on a scale of 1-10 how  badly you want to live life on your own terms, whether that be making millions, living abroad, traveling constantly or adopting 15 children and raising them all in private schools. If you aren’t writing an 9 or 10 then this goal isn’t the one for you. You aren’t passionate about it to make the sacrifice and think outside of the box enough to make it happen.
  • Get out of your comfort zone so much you aren’t comfortable in it anymore. For the last year I have spent so much time getting out of my comfort zone it is weird when I’m”in it”at all. I can’t watch TV for more than an hour without getting incredibly antsy. I can’t do the ‘normal’ things most people fill their day with, instead I am always wanting to push the envelope, to work towards my goals, to experience new and exciting things. At first getting out of my comfort zone was SOO hard that it was nearly crippling but now I can honestly say I’ve never been more comfortable in my own skin and outside of the normal ‘comfort zones’.
  • Make it so failure is not an option. This may sound fool hearty and many people would disagree but I think the best way to learn how to swim is to have to or you’ll sink. Every major leap I’ve taken in my entrepreneurial journey, or even life, has been prompted by “I really can’t fail on this one”… It is a funny thing what the mind does once you take the option of failure out of the equation and instead focus solely on the goal. My first goal was 10k a month from my business, failure wasn’t an option since if I failed I’d be broke, so I had to focus, focus, focus on succeeding and it helped by envisioning my monthly monetary goal. 5 months later, I made it, and today I cashed in another $3500 check and MAN it feels good.
  • Do and keep doing. Whether you try 50 things and fail at all of them or try two things and succeed on the second round it is VITAL to take action and keep going even after “failure”. Instead of focusing on a failure, use it as a learning experience and pick yourself back up so you can get back on the saddle again. I’ve done this countless times and each time I fall nowadays I get back on faster and ride with more endurance. Practice makes perfect and taking no action makes for a bunch of ‘what ifs’ – the worst type of regret in the world.

Action Jackson (steps you can take NOW to get closer to the goal)

  • List one thing you could do tomorrow to get you closer to your dream life
  • List the worst possible outcome if you fail miserably at escaping the 9 to 5 and then ask yourself how you would realistically recover (i.e. if my business tanks, I lose all my money and have not a CENT I would move in with friends/family, bartend for money and start new businesses in the off hours I wasn’t working)

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  • I'm 5 weeks into my first full-time business venture, and yes I'm outside my comfort zone :-)

    > failure wasn’t an option since if I failed I’d be broke, so I had to focus ... 5 months later, I made it, and today I cashed in another $3500 check and MAN it feels good.

    There's definitely plenty of motivation when you're in that predicament. I also find it hard to waste time watching TV etc lately.

    By the way, I am married with a kid, but I haven't let that stop me undertaking the journey, but it does stop most people I know. That, and no guarantee of any income. Especially when you are leaving a well paid job for one that pays potentially nothing...
  • WOW that is AWESOME! what a story! :) I love it, keep me posted on your entrepreneurial success!
  • Maren,
    Reminds me of a story of when I was young and teaching our dog to swim. Our dog had always played around water and showed signs of swimming but wouldn't commit. So, my Dad threw her in....and guess what, she swam. Sometimes you have to just back yourself and throw yourself in. It may be the only way you'll know if you can do it or not. What does that mean practically.....resign from your job.

    Adrian
  • Yep, that is a SCARY thing for most people, but really if you have NO other choice you figure something out, its that darn safety net that traps us for way too long.
  • Maren,

    There's some very empowering reading in your post, thanks for sharing. I think sometimes it's not what people have to lose, it's the fear of losing it. Fear can be a seriously disabling emotioin. What do you think?

    Regards

    Paul
  • I think fear is the BIGGEST killer of creativity, passion and anything that moves forward, because imagine if you lived a world of no fear? You'd literally be able to reach any goal because you wouldn't have to worry about "What if" you didn't.
  • Maren,

    Yes, if that was the case how unexciting and uninteresting would life be!

    Regards

    Paul
  • matthewneedham
    Some great advice here Maren. Doing something is the most important thing you can possible do. Just wanting to do something or thinking about it, are simply not enough.
  • This applies to pretty much every aspect of life, not just people that want to start a business. Stepping out your comfort zone really brings out the best in you, it's no surprise that people run the fastest when they're being chased by someone that wants to hurt them.

    what's being said here, fits together with that the infopreneur said. Which was to actually DO and not just say and think that you will do something.

    Add up both ideas, apply them and you're off to a great start for whatever you wish to accomplish
  • Yep I agree, I have to start applying to "stepping out of the comfort zone" advice to a big move I am about to make! Its not easy, but it is worthwhile
  • This post really resonates with me - I've found that "going outside ones' comfort zone" also applies to people in our lives.

    I've managed to successfully extricate myself from the rat race (my life has never been better) and in the process, some of my old friends and acquaintances no longer seem to "fit" in the same way. But I've met some amazing new people who seem to relish every moment of their time, stepping outside their comfort zone seems to be a "way of life."
  • You know, I agree... I've done the same thing... often those who you surround yourself with really either help or hurt your entrepreneurial dreams... Sometimes old friendships have to change to make room for more likeminded "Escapees" :)
  • To be honest I think you learn to swim by almost drowning ;) I've always thought that failing itself is not bad. Now I think that failing is great because it sets you on the right track. The only problem people have is that they react wrong to failure. So ultimately to become successful you need to change your attitude about failure. There is almost nothing that will get you closer to becoming successful than failing and getting up again.
  • My Dad's friend once told me that his dad would drive out to a lake in Texas when he was a kid and throw him in every summer... I thought this was terribly cruel (and still do since it is a kid) and would ask "well what did you do?" because he didn't know how to swim. His answer: I swam, what were my other options? Great thing to apply to business, good comment Julius (p.s. love your name!)
  • Great post and comments here Maren. Your first point, to evaluate whether or not the life is for you is an important one. An honest answer up front will prevent heartbreak later.

    I personally need to think about how to structure my options to exclude failure or a fallback position. I think I've got too much cushion right now and it saps my motivation.
  • Interesting point Ami about how comfort and a fall back position is sapping your motivation. As per Maren's point about "Make it so Failure is not an option" then the only direction is forward not back (fallback).

    If there is a fall back position then there is probably reluctance to succeed which leads to Maren's second point "Decide how much you want it". IMHO you have to want it enough to keep going no matter what.
  • Ian: for me a fall back doesn't create a reluctance to succeed but maybe more of a reluctance to take risks - after all, why take risks if you don't have to? Whereas, if, as Maren suggests, you structure your options so that failure is not even an option, there's nowhere to go but forward. I agree with you 100% on wanting it, that burning desire will keep you moving.
  • Yep, I agree Ami & with Ian... Through college when I was making a nice living on eBay & bartending on the side I always thought "Geez, I want to be my own boss and become an entrepreneur one day" but I never did... then when i abruptly moved, had huge troubles with eBay that nearly cost me my business and got so fed up with everything that I was like "ok, I'm doing it no matter what" that is the only time I actually had enough gumption to get the ball rolling... so I really had to be pushed to the brink, with the failure at my heels to get anywhere.
  • Great insights. I agree with ken, Tim Ferriss' one experiment about laying down in a crowd of people and just staring at the sky will certainly get you out of your comfort zone. But it is something most of us need to practice.

    And if you don't give yourself the option to fail you are much less likely to actually fail. I'm a runner, and I know from experience that it is a heck of a lot easier to run on a circular route than to run straight out and back. On a circular route, you can stop at any time and jog back to where you started without too much effort, but if you run in a straight line, you have to run the entire way back, no short cuts. If you set yourself up for failure it is sure to happen.
  • I'm still too shy to ever do that, but gosh if I did I am sure it would break down just one more wall for me and get me even further... considering I'm on vaca in San Fran maybe I should try it as an experiment here :) at least I am less likely to get noticed doing something freaky in this city!
  • Maren, I can totally resonate with you about watching tv! I feel "uncomfortable" if I watch TV mindlessly for longer than an hour or so, especially on a weekday. It's always about 'keep working on your goals" for me.

    Again, Tim Ferriss has a few very good exercises to get you out of the comfort zone, I plan to try the negotiating one soon. He also said something very true, "It isn't enough to think outside the box. Thinking is passive. Get used to acting outside the box."

    I do however believe not everyone should be an entrepreneur, it depends on what your ultimate goal is. It involves a lot of hard work and creativity, and not everyone is willing to pay the price. If it isn't your game, don't sweat it and instead be a linchpin at your job!
  • So like instead of saying 'think outside the box' I should be saying 'act outside of the box' ...wow... I love that one Ken, I see a new blog post forming as I type :) That is truly awesome, great comment!
  • Maren I like what you've said here. It seems to me that the mindset is also a big one here, it play a big role. If you go in thinking you will succeed and you truly believe it than you can't fail. Hey Ian good point brought me some good memories I was told to read that book back in my old sales job, great book!

    Anyway thanks again Maren congrats on the big check!
  • Thanks Wilson, it comes after months and months of living off savings and stressing that I'd go broke (back when I first started) so even now every time I get a big check or a new client I am just like *wow* this is really happening... its awesome, and best of all it is attainable for anyone who takes the risk
  • All excellent points here. I can identify with the getting antsy part. I'm at the point now where I feel like I'm being lazy if I spend 20 minutes watching a TV show during my lunch break. I more of slave driver to myself than any boss could be...haha.

    Also, I liked your comment about failing. I've gotten to the point where I actually get a kick out of failing because it's one of the quickest ways to learn a valuable lesson.

    Anyway...good stuff. Just RT'd
  • Thank you for the RT! It is funny when you become your own slave driver :) I am in San Fran on vacation and I couldn't help myself but to go to a Starbucks (my home away from home) and put in a few hours of work!
  • Haha... I do the same thing. Every time I'm a new area, one of the first things I look for is a Starbucks. For some reason I do my best work there. (Maybe because I make sure not use their Internet access)
  • Some great points and well written.

    With respect to "Make it so failure is not an option." agreed 110%. The best motivator IMHO is burning your boats as mentioned in Napoleon Hill's "Think and Grow Rich". the story of the Roman General invading Greece that had his captains burn their boats when they landed on the beaches. The idea was that the only options were victory or death. No boats no retreat.

    Nothing like burning your boat to push you out of your comfort zone.
  • Thanks Ian, I know a lot of people disagree because they think its is fool hardy but in life often only those who risk total failure succeed.
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