5 Reasons You Struggle As An Entrepreneur

By Dr Daleen Smal | Personal Development

Jan 14
Struggle As An Entrepreneur

So you have a strong desire to succeed as an entrepreneur?

The problem is that desire is not enough. If it were, then the world would only have successful people.

If you are not successful now, a better question to ask is “What have I been doing that hasn’t worked for me”. Identifying what has not been working will help you make the changes needed for success. You must understand what went wrong despite all your best efforts to make it work.

Below are 5 reasons you may be struggling with and why success is not coming your way. 

1. Fear Of Failure

Struggle As An Entrepreneur

Failing has never stopped people from trying. There are plenty of examples of people who failed many times before finding success. Thus failing is not the issue.

The problem is that people fear to fail. It’s the fear of losing face or losing your dream or losing money that keeps you from even trying. You are so afraid that people will laugh at you or your ideas that you don’t put yourself out there.

People laughed at Henry Ford. You won’t be driving a car if he allowed humiliation to put him off. Henry became a well-known success story. He is one of the countless other success stories.

Accept failure as part of the entrepreneurial journey. Failure is not the end of the journey. It is only the end if you give up. You will find many stories of people who failed many times before they achieved success. In fact, most successful entrepreneurs have a few failures behind them.

You need to learn to recognize fear for what it is. Fear is only a stepping stone. If you don’t feel fear it means you have never attempted anything that stretches you.

Don’t try and avoid fear because that is not possible. There is always some element of fear in everything you have never done before. Learn how to deal with fear.

Don’t fear to make a mistake. Making a mistake means you get another chance to make changes and try again. You are not perfect and neither is any other human being. We learn by doing and failing.

Fear is a natural part of the path to success. Embrace fear. Let it be your teacher. Learn from the mistakes and do it better next time.

Stop listening to the recording playing in your head telling you that you are not good enough, smart enough, or don’t deserve success. If you don’t stop that recording, it will play in a loop for the rest of your life, paralyzing you.

Stop any negative thoughts. It’s not helping you.

Play a different recording in your head. Change your self-talk. Start telling yourself you can. Start believing in yourself. Even if you fail or make a mistake, get up, dust yourself off and give it another go, only better next time around.

It doesn’t matter how many times you get knock down. What matters is how many times you get up. Besides, you more than often create worst-case scenarios in your head that never happen.

Let go of your fear of failure and embrace fear as the spark to take massive action and go after what you want in life. Taking appropriate action is what matters most. 

Summary:

  • Failing has never stopped people from trying. It is the fear of failing that stop people.
  • Making a mistake means you get another chance to make changes and try again. 
  • Stop any negative thoughts. It’s not helping you. 
  • It doesn’t matter how many times you get knock down. What matters is how many times you get up.

2. Frustration With Technical Tasks

Struggle As An Entrepreneur

I know how frustrating it is to come across a technical task and I don’t know how to do it. I had my fair share of straggling with technical issues.

I guess it happens to you too. You are ready to start and then you get stuck with a lack of know-how. As soon as that happens, the negative self-talk starts in your head.

Remember, no-one knows everything. None of us was born knowing what we need to do. You learned as you grew. Becoming an entrepreneur is no different.

You know you have to start a blog but you have never done anything like that. It is understandable that you won’t know where to start or what to do. But today you have the Internet. You can learn almost everything you need to know for free on the internet.

There are courses available. You may get a mentor or coach to help you. Set time aside and submerge yourself in learning what you need to know and follow step-by-step instructions until you can do it.

No matter what your technical challenges are, the information is readily available.

There are entrepreneurial forums where you can post questions. Remember, many people on these forums have been where you are and they are more than happy to help.

You can look for help with software by going to Google and type in the name of the software and add the word manual after it. Often you will find PDF manuals available to download.

Don’t try and cram everything there is to know about a subject. Learn to do “just in time” learning - learn just enough to get you over the current hurdle.

Months from now you will be amazed at how much knowledge and skills you have gained by learning as you go. Before you know it, you become the teacher that helps someone else when they get stuck.

Keep in mind that learning and doing will never stop as long as you are an entrepreneur. You will always want to succeed and go to the next level. At every level, there are more things to learn to be successful. Don’t think that what made you successful at level 1 will be enough to make you successful at level 2 or 3.

Every time you want to add a zero to your income level, you will need to grow to that level. That means learning to obtain the skills and knowledge required at that level.

Don’t get frustrated with technical issues. Embrace the challenge to get to the next level. You are not alone. Help is available to you. 

Summary:

  • None of us was born knowing what we need to do. You learned as you grew. 
  • Set time aside and submerge yourself in learning what you need to know and follow step-by-step instructions until you can do it.
  • Keep in mind that learning and doing will never stop as long as you are an entrepreneur. 
  • Don’t get frustrated with technical issues. Embrace the challenge to get to the next level. 

3. Complacency Issues

Struggle As An Entrepreneur

I am sure you have heard the following story. When you place a frog in piping hot water, he will leap right out. But if you place a frog in cold water and then heat the water slowly, he will remain in the water and die.

This story is a metaphor to warn you not to become complacent in life. Complacency means you are content where you are and with what you are doing. Like the frog, you slowly “cook to death” in complacency. Not literally, but by figure of speech.

Staying complacent in your comfort zone means you are not learning, improving your skills or growing your business. You don’t try new things to improve and grow.

The problem with complacency is that you don’t want to make an effort to change your lot in life. Usually, you want more money but you are not willing to make the needed changes to get more money.

Making more money and complacency are not compatible. You must become unsatisfied with your comfort zone and do something about it to make more money.

You must become proactive, change your mindset and develop a hunger for learning. You must keep on learning when you want to keep on earning more.

Don’t become complacent and stuck in your comfort zone. Adopt new habits, learn and grow to the next level.

Summary:

  • Complacency means you are content where you are and with what you are doing. 
  • The problem with complacency is that you don’t want to make an effort to change your lot in life.
  • Making more money and complacency are not compatible.
  • Adopt new habits, learn and grow to the next level.

4. Envy Of Others

Struggle As An Entrepreneur

When you look at your competition and envy them, you often become resentful. You cause more harm to yourself if you don’t let go of envy.

Envy arises when you look at the experts. They look so polished and always know what to say. It seems their ideas are so great and every program turns out to be a money-maker.

Don’t forget they started from nowhere. They were not always polished and perfect and rolling in money. They studied and grew their success like everyone else. Their blood, sweat, and tears went into their business. They build what they have now one piece at a time.

When you look at experts you admire, see the rough road of ups and downs they walked to get where they are. Know that there were times they struggled, failed, afraid or worried. They are human like you and had their battles on the road to success.

When you envy others and their success, you enter a dangerous game - the game of comparison no-one ever won.

In that game, there will always be someone who is better and someone who is worse in business than you are. We humans have a tendency to compare ourselves with people who are doing better than us. If you use this measuring stick it will always let you come up short. You will criticize yourself and create low self-esteem.

Make a decision to be your own unique self and bring your uniqueness to your business and the market.

Find your own success story. If you want to compete, then compete with yourself and become better today than what you were yesterday. That is your winning story and puts you in control of your success.

Summary:

  • When you look at your competition and envy them, you often become resentful.
  • When you envy others and their success, you enter a dangerous game - the game of comparison no-one ever won.
  • Make a decision to be your own unique self and bring your uniqueness to your business and the market. 
  • Compete with yourself and become better today than what you were yesterday.

4. Overloaded With Options

Struggle As An Entrepreneur

Today there are so many options available to entrepreneurs. In fact, there are so many ideas you are in danger of hopping from idea to idea.

Then you try this method and before you know it, you jump to the next best thing that just came available. This is what people will call the shiny object syndrome. You chase after every new technique, tool or software. The creators of these things let them sound to be the solution to all your problems.

I know this because I chased shiny objects, to my regret.

The problem with this behavior is you forever start over and never achieve anything at all. Your attention and focus shifts all the time. It feels like you’re chasing your own tail.

This lack of singular attention and focus cause you to derail from achieving success. You are chasing new shiny objects instead of buckling down, learn one method and make a success of one. You don’t finish one task and in the end, you lose time and lots of money. I know because I did.

The same goes with information overload. You just chase new information all the time and you fill your head with data until you don’t know which way to turn. You become paralyzed with having to make so many decisions on what to do and who to follow that you do nothing.

It’s a fact a confused mind never takes a decision. It is in your power to stop this senseless chasing of shiny new objects and endless research.

Create a schedule of tasks you have to do in your business. When something new comes along, ask yourself if you have any unfinished tasks from your current project. If yes, don’t get involved in anything new. Finish what you have started first. Make a success of one before adding anything.

As far as information and research go, only take information that you need to finish your current task. Focus on just that bit that you need to finish the step you are now on.

Don’t do many things poorly. Nobody ever won this way. Do one thing extremely well. That is how you achieve success. 

Summary:

  • There are so many ideas you are in danger of hopping from idea to idea.
  • This is what people will call the shiny object syndrome. 
  • This lack of singular attention and focus cause you to derail from achieving success. 
  • A confused mind never takes a decision. It is in your power to stop this senseless chasing of shiny new objects and endless research.
  • Don’t do many things poorly. Nobody ever won this way. Do one thing extremely well. That is how you achieve success. 

Conclusion

I discussed 5 reasons why you may be struggling in your business. Identify the ones that stop you from achieving success and fix it.

You are the master of your destiny. Take control.

Like Ralph Waldo Emerson said: “The only person you are destined to become is the person you decide to be.”

Please leave your comments below and let me know if you found this valuable. If you are interested in a particular topic or have a question, please let me know. I’ll be happy to help.

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