Perseverance

I dearly love to read, so the idea of applying The Hero's Journey to my own entrepreneurial journey resonated with me. In a book, a character is the never the same at the end as she was at the beginning. A character must evolve, change, grow, learn in order to for the story to make sense. We're all affected by the things that happen to us, and life events change us in one way or another. In the video he says "what matters most is not the prize in the end, but how the hero is changed in the process." My experiences with becoming a business owner will change me, one way or another. How am I goin to let it change me? Will I thrive, or will I bomb? And if I do bomb, how will I pick myself back up again and keep going?

One suggestion to help with this, according to the speaker, is to "find great mentors and ask them great questions." In every story the hero has a guide, someone that says the right thing at the right moment to steer the hero in the right direction. Now, that's a lot of pressure to put on a mentor, but the takeaway is that we can't go on our journey alone. There are so many people that have been where I am, who are willing to help if I just put forth the effort and ask.

Another part of the video that struck me was in the beginning where he says "The Hero's Journey is all about you, but its not about you at all." What a great perspective to help me, the hero in my own story, to remember the true focus of my journey.


Other treasures from this week's study material:

"Perseverance" by James E. Faust: 

"Perseverance is demonstrated by those who keep going when the going gets tough, who don’t give up even when others say, “It can’t be done.”"


Are Successful Entrepreneurs Born or Made? by Jeff Sandefer

-"It takes 10,000 hours to master a skill. That’s three hours a day of practice, every day, for ten years."

-“Surely you believe luck has played a major part in your lives?”

More silence. Then: “Sure, luck played a part,” the junk dealer said. “But you asked about success. Luck is the difference between making a million dollars and ten million or a hundred million. It’s not the difference between success and failure. Each of us was going to be a success; it was just a matter of how long it took.”

The used car tycoon agreed, “Entrepreneurial success isn’t about money; it’s about freedom. The goal isn’t to make more than you need, it’s to spend less than you make. Because that way your free time belongs to you.”

“You can be the luckiest person on earth,” another added, “but when luck comes to someone who is unprepared or lacking in character, or sees money as the most important thing in life, nothing good ever comes of it.”


-"The entrepreneurial heroes in front of me loved the great game of entrepreneurship. So they showed up, every day, in the same industry, with the same people. Through trial and error, successful and failed decisions, they made tiny deposits of industry expertise, business knowledge, and trust which built a web of assets that made running a successful business much easier and served as a formidable barrier to competitors.

Are successful entrepreneurs born or made? Are entrepreneurs blessed with a rare gene or shaped by their parents and childhood? Turns out, these aren’t even the right questions.

Entrepreneurs become successful, one small investment at a time, in a never-ending process. Because entrepreneurial success isn’t a destination, it’s a journey. A journey taken one determined step at a time, in a way that builds lifelong treasures.

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