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JOURNEY OF

ENTREPRENE
UR
7 STAGES OF
ENTREPRENEUR’S
JOURNEY.
1. INTIMIDATION
2.  NOVELTY
3.  OVERWHELMING
4. RHYTHM
5. FAILURE
6. REJUVENATION
7. TEMPERANCE
1. INTIMIDATION
WHEN YOU FIRST START DREAMING ABOUT BECOMING AN
ENTREPRENEUR OR QUITTING YOUR DAY JOB, YOU THINK, “I CAN’T DO
THAT,” OR, “I’M NOT READY FOR THAT YET.” IT’S COMMON, AND APPLIES
TO MOST EVERYBODY WITH EVEN THE SLIGHTEST HINT OF SELF-DOUBT
IN THEIR SUBCONSCIOUS BRAIN. OVERCOMING THIS LEVEL OF
INTIMIDATION AND FEAR IS DIFFICULT EVEN FOR STRONG-WILLED
INDIVIDUALS, AND FOR SOME, THE INTIMIDATION PERSISTS LONG INTO
ACTUAL BUSINESS OWNERSHIP. AS YOU GROW MORE EXPERIENCED AS
AN ENTREPRENEUR, THIS INTIMIDATION WILL START FADING AWAY,
HOLDING LESS AND LESS POWER OVER YOUR DECISIONS AND
DIRECTION.
2. NOVELTY.
NOVELTY POSSESSES SOME ENTREPRENEURS DURING THE PLANNING
PHASE, AND OTHERS DURING THE ACTUAL LOSS. WHEN YOU HAVEN’T
HAD TIME TO SEE IF THE BUSINESS WILL BE SUCCESSFUL OR NOT, AND
YOU HAVEN’T RUN INTO ANY MAJOR TRIALS OR TRIBULATIONS, YOU
CAN RELISH IN THE FACT THAT YOU OWN YOUR OWN BUSINESS. SIMPLY
BEING AN ENTREPRENEUR IN TITLE IS ENOUGH FOR YOU, AND YOU’RE
THRILLED TO COME TO WORK EVERY DAY BECAUSE OF IT. AGAIN, FOR
SOME PEOPLE, NOVELTY LASTS THROUGHOUT THE COURSE OF
ENTREPRENEURSHIP, BUT FOR MOST OF US, THE NOVELTY FADES AFTER
YOU START RUNNING INTO ISSUES.
3. OVERWHELMING.
THOUGH SOME ENTER THE WORLD OF BUSINESS OWNERSHIP KNOWING
FULL WELL THAT IT’S NOT ALL SITTING BACK AND COLLECTING PROFITS,
MOST OF US VASTLY UNDERESTIMATE THE DEMANDS OF
ENTREPRENEURSHIP IN FULL. WHEN YOU START TO HAVE CASH FLOW
ISSUES, RUNNING INTO DEADLINES, LOSING EMPLOYEES, MISSING YOUR
SALES PROJECTIONS AND SEEING MAJOR COMPETITORS RISE TO MEET
YOU, IT’S NATURAL TO FEEL OVERWHELMED. WE’VE ALL FELT
OVERWHELMED AS ENTREPRENEURS -- IT’S PART OF THE TERRITORY
-- BUT AS YOU START OVERCOMING THOSE OBSTACLES AND
OVERWHELMING MOMENTS, IT BEGINS TO HAVE LESS POWER OVER
YOU.
4. RHYTHM
WHETHER YOU’RE GETTING THE HANG OF YOUR FIRST STARTUP AFTER A
FEW MONTHS ON THE JOB OR FINALLY SETTLING INTO YOUR POSITION
AS AN ENTREPRENEUR IN YOUR THIRD OR FOURTH VENTURE, AS LONG
AS YOU STICK WITH IT, EVENTUALLY YOU’LL FALL INTO A NICE GROOVE.
YOU WON’T BE THROWN BY THE OBSTACLES AND SURPRISES THAT
COME YOUR WAY. YOU WON’T BE INTIMIDATED BY NEW GROUND. YOU
WON’T FEAR FAILURE AS MUCH. INSTEAD, YOU’LL GO ABOUT YOUR
RESPONSIBILITIES WITH PRIDE AND CONFIDENCE -- THOUGH YOU’LL
STILL BE SHAKEN BY THE OCCASIONAL CRISIS.
5. FAILURE
YES. EVERY ENTREPRENEUR FAILS. MOST OF THE SUPER-SUCCESSFUL
ENTREPRENEURS OF THE WORLD GOT TO WHERE THEY ARE ONLY AFTER
EXPERIENCING FAILURE OF PAST VENTURES. EVEN ENTREPRENEURS
WHO GOT LUCKY WITH THEIR FIRST ATTEMPT FAILED IN SOME SMALL
WAY TOWARD THE BEGINNING OF THEIR CAREERS. NO MATTER WHO
YOU ARE, FAILURE WILL RATTLE YOU -- BUT IT’S A STAGE THAT ANYONE
CAN WORK PAST WITH THE RIGHT ATTITUDE AND ENOUGH
COMMITMENT.
6. REJUVENATION
A REJUVENATION STAGE COMES AFTER YOU’VE EXPERIENCED FAILURE
AND / OR DISILLUSIONMENT. YOU MIGHT HAVE LOST AN ENTIRE
BUSINESS, OR JUST ONE BIG CLIENT, BUT AFTER A PERIOD OF WEEKS OR
MONTHS, YOU START REALIZING THAT THERE’S NO REASON A SINGLE
FAILURE MEANS YOU’RE AT THE END OF THE ROAD. YOU START
REMEMBERING WHY YOU GOT INTO ENTREPRENEURSHIP IN THE FIRST
PLACE, AND YOUR LOVE FOR BUSINESS OWNERSHIP STARTS TO
BLOSSOM AGAIN. YOU MIGHT EVEN START GOING THROUGH THE
STAGES ABOVE ON A NEW CYCLE -- FROM INTIMIDATION TO RHYTHM, AT
LEAST.
7. TEMPERANCE
FINALLY, AFTER YEARS OF EXPERIENCE AND MULTIPLE CYCLES OF FAILURE AND REJUVENATION,
YOU’LL HIT A KIND OF FINAL STAGE, WHERE ALL THE LITTLE THINGS UNIQUE TO
ENTREPRENEURSHIP START TO FEEL LESS SIGNIFICANT. YOU’RE NOT QUITE AS EXCITED AS YOU
USED TO BE, BUT YOU’RE ALSO NOT AS AFRAID OR INTIMIDATED. YOU TAKE CALCULATED RISKS,
YOU SEE PROBLEMS FOR WHAT THEY ARE, AND YOU EXPERIMENT IN BOLD NEW DIRECTIONS
WITHOUT HESITATION. YOU’RE EVEN-KEELED AND A TRUE LEADER -- EXACTLY WHAT ANY
BUSINESS NEEDS.
YOU MIGHT GO THROUGH THESE STAGES QUICKLY, SLOWLY OR SOMEWHERE IN BETWEEN AND
YOU MIGHT EVEN EXPERIENCE THEM IN A DIFFERENT ORDER. EVEN SO, YOU’RE ALMOST
GUARANTEED TO EXPERIENCE THEM SOMEHOW, IN SOME WAY, IN THE COURSE OF YOUR
BUSINESS DEVELOPMENT. TRY NOT TO GET TOO WORRIED OR CONCERNED WITH THE END OF
YOUR JOURNEY, AND INSTEAD, TAKE THE TIME TO STOP AND SMELL THE ROSES ALONG THE WAY.
ENJOY BEING AN ENTREPRENEUR -- EVEN DURING THE HARDEST PARTS.
REFERENCE
WIKIPEDIA
PARENTS GUIDENCES
MOTIVATION BY SHITAL MA’AM

THANK YOU!

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