Here are some inspiring examples of entrepreneurs who failed, but who achieved their goals despite numerous failures throughout the process: If you know the challenges in front of you, you just keep trying to overcome them until one day you finally do. But did this ever deter them from achieving something great? Not a chance, because they didn’t see ‘failing’ as being a ‘failure.’ You are only a failure if you give up. Some of the most successful entrepreneurs throughout history certainly weren’t trying to fail, but they did-repeatedly.

If you don’t overcome your own personal limitations, how can you expect to overcome the limitations placed upon you in society? Above all, the most important limitations that we all need to understand are those that we place on ourselves. In fact, it may even provide a spark of ambition that takes you to somewhere you didn’t initially intend, but is in fact something you’ve wanted to achieve all along. You are more likely to achieve your goal by being realistic about the costs associated from the beginning.Īsking these questions and reflecting upon the answers will get you started on a path to achieving a goal or a dream. Accomplishing any goal requires compromises and sacrifices. – What is the cost of achieving this goal? Nothing in life is free-anything we choose to do in life has a cost associated with it, whether it is time, money, resources, or all of the above. On the flipside, if no one has done what you are attempting to do (big kudos to you), then you set the rate at which this goal can be achieved and you learn daily about the intricacies of what it takes to achieve success, all while teaching the world something new. If we don’t understand what people did before us, we’re doomed to repeat history. – What is the rate at which this goal can be achieved? It’s worth investigating how many people may have tried before you, and the reasons they failed. – Why do you want this goal for yourself? This is difficult, but extremely important to reflect on why you want to achieve what you want to achieve. There are some key questions everyone should ask themselves which will help them define not only their limitations, but more importantly shape their goals. Know Your Limitations and Eventually You’ll Have ZeroĪs a wise man once said, “the first step to solving a problem is realizing there is one.” This may seem counter-intuitive, but realizing the limits you face is the first step to overcoming them. In a world where actions speak louder than words, I would like to provide a few key thoughts about what it takes to be a successful entrepreneur. To become an entrepreneur, you don’t need anything more than an idea and the drive to develop that idea into fruition. Literally meaning to ‘undertake,’ an entrepreneur is one who takes the road less traveled (or not even explored before) and puts themselves in a position to creatively define their own destiny. In my opinion, the essence of innovation materializes through entrepreneurship. By Jason Graf, CrowdIt co-founder and CEO

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