Most people make the same mistakes when starting out with their own businesses. In fact, fledgling entrepreneurs that have been trying for months or even years but have yet to see any kind of success with their own business frequently make similar mistakes. 
Today I’m going to discuss with you the three main mindset mistakes that keep entrepreneurs poor.
Getting the right mindset is not a sexy topic. But that doesn’t mean you shouldn’t at least try and teach yourself how to gain a success mindset. Most folks who frequently fail with their efforts will often continue to do so because they don’t invest in self-improvement products. If your not productive or you struggle with sustaining your motivation, or even if you find it difficult to write down your goals then you need to seriously consider investing in products that can help you overcome these handicaps.
A problem with many “make money ” systems is they promise instant success. They paint a picture of the perfect lifestyle while completely over-looking the amount of work that needs to be undertaken to achieve the desired success. Is it any surprise that impatient entrepreneurs set themselves unrealistic and unobtainable goals? Folks expect instant gratification and this manifests itself in their goals and expectations, but it doesn’t happen that way. It takes time to build a sustainable business so consider setting realistic goals to reflect this.
Expecting to not have to work to make money is the number one killer of fledgling businesses. As I’ve already mentioned, people expect instant gratification and success because this is what the sales letters for “make money ” products tells them to expect. But how many thriving and successful businesses exist merely due to chance and good fortune? Even entrepreneurial gurus had to work hard to grow their businesses. Not everything was handed to them on a plate. Hard work, dedication and a positive mindset largely contributed to their success.
Now that you know the three main reasons that keep entrepreneurs poor, now is the time to eliminate these from your mindset. Spend more time reading and investing in self-improvement products, set yourself realistic goals and expectations and expect to do some work, and probably lots of it, to achieve your desired success. Take this information and apply it to your business and see the positive difference it will make.
Mike Martel
Check out my book Get Er Done: The Green Beret Guide to Productivity for ways to increase productivity and get better results. I work with entrepreneurs and others as an accountability partner to help them get the results they want in their business and life. More info here.
Photo: DotComFreak
2 comments
Mike, you have hit the nail on the head again with this post. I agree, mindset is the most important and the most destroying of people wanted to be successful. Developing a positive mindset for most takes a while because it is not natural to most people. Reading and studying is the way to change this as you stated.
Way to go, Mike.
Hi Elaine, Thanks for the nice words. I do appreciate heads up on the comments block. and took steps to fix.
Mike
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