How important is sacrifice? - 30/101 Entrepreneur Questions and Answers
This is an except from my book: 101 Entrepreneur Questions and Answers.Remember that entrepreneurs are living the life others will not, so in the future entrepreneurs can live the life others cannot.Success does comes at sacrifice, but it is a short term sacrifice. As you build systems, hire people, establish a reputation and have consistent & reliable cash flow: things change. You and I have got to sacrifice our time in the short term in order to reap the benefits in the long term.Be aware of the 10 dark years that most famous and rich people went through. Bill Gates is a good example, where he spent his 20s working on Microsoft, where he did not take any days off. He was focused on his company and sacrificed his social life to build it, and we all know what his famous for.He did the work that other people his age were not willing to do: miss out of socialising, working all day, focusing on his goals, etc. Not everyone has the discipline to think and focus on what they want, thus most people prefer the short term benefits and want the enjoyment now.I am currently 23 and the majority the people that I knew at school and, potentially, the majority of my generation will not do the things I'm doing now, they would not write a book for example.Which means that as I write a book, I'm benefiting from the rewards later on, whether they are monetary or reputation, etc. I am profiting because I am sacrificing my time and social life on the altar of success; in the attempt to create a better future for myself and my future family.As a side note, this is why writing a book is a good ideas because you have done the work once and you are getting paid forever- years from now I'll still benefit from having written a book.I have been told by my mentors that once you get into your 30s you tend want to slow down and relax, because our priorities and energy changes because you are more mature by this time you have achieved quite a few things. You also want to spend more time with your family or enjoying the fruits of your labour.Sacrifice is important to set up a better and more comfortable life for yourself in the future, but you and I need to enjoy the fruits of our labour when we get them. I knew a man that had £2,000,000 in the bank, but was not enjoying his life, and he was in his 60s and rather angry for no apparent reason.Sacrifice is important because it is how we get ahead. You and I need to be mature enough to realise that we cannot get what we want purely because we want it, we have to deserve it and provide value to the world so that they can reward us with the things we want, whether money, reputation or respect, etc.Question of the day: What are you sacrificing now? How productive are you?
Published on September 20, 2017 00:01
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