Entrepreneurship is not smooth. There are many hurdles, and many times one may reach the point of closing down the business. Even in such situations, if the entrepreneur thinks about the very reason why he started the business and the vision he has, it can greatly help him push boundaries and give it another try by finding even the smallest possible reason, support, or resource available to him and keep the business alive.
The mental state and thought process of the entrepreneur play an important role when such tough situations arise. What he thinks determines what will happen. If he thinks he is tired of fighting it out and that it is better to close the business, he will end up doing that. If he thinks it is better to sell it off to a competitor, he will end up selling it. If he thinks, let me give it another chance, he will find one way or another to try again. When businesses have to transform, they must undergo major makeovers, and many times this is painful. The nature of this makeover depends on the thought process of the entrepreneur.
Hence, it is always better for the entrepreneur to keep reminding himself of the reason why he is running the business and what possibilities he can try to keep it up and running. Without worrying about the outcome, if he focuses on the task at hand and gives his best to execute it, a new pathway to success will definitely open up. Therefore, it is very important for the entrepreneur to keep reminding himself about the vision and mission of the business, possibly in the form of daily meditation.
He should also remind himself of the opportunities his business can bring to him and his people in the system, and how it can make the world a better place. The limitless opportunities for upliftment and empowerment, and the entrepreneurial seeds he is sowing in the minds of people, should motivate him to keep trying, whatever the situation may be. Many times, these challenges arise for expansion, diversification, or realignment required for the business to grow.
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