psychological price ofentrepreneurship



onlinemoniez said:
Any of you guys ever consider ending it after a failed project/business?
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Never.

Also,

Woeppel says he's more resilient now, tempered by tough times. "I used to be like, 'My work is me,' " he says. "Then you fail. And you find out that your kids still love you. Your wife still loves you. Your dog still loves you."
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I didn't have a big failure, but I came to this sort of realization after DFB.

I used to be proud I was the hardest worker. Now I try to be a lot more chill about everything. And I get just as much done in a fraction of the time.
 
Nothing gets me motivated more than starting from the bottom again. I always come back smarter and stronger.
 
I've only really been at this, independent of a day job, for 8 months. In that time, I've experienced more stress than my time serving two combat deployments.

What's probably the most infuriating is that when things suddenly clicked, it wasn't apparent that it was going to happen. As in, I had only made minute changes to my daily grinding routine and suddenly I'm winning.

I think you have to live in a state of stress to be an entrepreneur. It has to be your element, and you have to learn to cope with it because suddenly you're forced to be your own lessons-learned handbook.

If there's one worthwhile benefit of working for a bigger company, it's that they have more experience fucking up than you do, and for that reason they're arguably more durable than a one-man operation.
 
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boatBurner said:
I think you have to live in a state of stress to be an entrepreneur. It has to be your element, and you have to learn to cope with it because suddenly you're forced to be your own lessons-learned handbook.
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Nice dude couldn't agree more. You definitely have to be comfortable with being uncomfortable. One thing that helped me get there, other than time and persistence, was realizing the fact that in today's world you can have the biggest fuckup that the world has ever seen, and still wake up the next morning and be alive for a new day.

It sounds cliche but if it doesn't kill you it only makes you stronger.
 
You can get stressed only if you are stressable. Once you get used to endless cycle of boom and bust, success and failure, stress doesn't really have affect on you. You have a choice to be stressed and act out of fear or to adequately respond to circumstances.

Life will never throw at you something that you cannot overcome.
 
Interesting article. From the sounds of it, though, the suicidal tendencies in certain entrepreneurs stem from a lack of identity diversification.

If your self-esteem, self-worth, happiness, and overall identity are riding on the success of a venture, then it makes sense that you'd want to die when your business does.

That goes for anything in life. You run the risk of destroying yourself by investing too much into any one thing (a woman, material possessions, achievements, personas, etc...).

guerilla said:
I used to be proud I was the hardest worker. Now I try to be a lot more chill about everything. And I get just as much done in a fraction of the time.
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Is it because you're actually more focused when relaxed?

I'm trying to find a good mindset to go into projects with, and so far, the "HUSTLE HARD" mentality doesn't really suit me...
 
A 9-5 sounds much more stressful....

My buddy was telling me about his job as a grocer making 10.25, and how they work you like a dog.

Even high paying careers like law and medicine are stressful as fuck.

If you have a healthy diet, exercise, and have proper time managment, you'll be able to handle stress 10 times better than someone who eats ramen and red bull for sustenance, doesn't exercise, and tries to do everything by themselves. Meditation too is huge for reducing stress. When shit goes bad you just take a step back and realize that you're still alive, you're still you, and that you can recover easily.

Once you hit that "flow" state, or state of mental high performance, you can get much more done much faster.
 
Each failure made me much more stronger. Or much more determined.

The angry that comes from stress or from a fail is powerful.
 
Loved when Robert Kiyosaki said starting a business is like going to war..and most men can't hack it..because their pussies...and said they should just go get jobs. So true.
 
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