If you are going to launch a successful business and want to run with the big boys, eventually you are going to have to consider bringing in a venture capitalist. A VC not only gives you quick access to cash, but a plethora of experience that can quickly expedite your potential growth as a company.
There are many things VC’s look for in a new start up, but if you ask any one of them, they will always tell you that they invest in people first.When they look at your team, they look for signs that tell them about your authenticity, experience, history, adaptability, and so on. VC’s understand that if the company is going to become successful, the people behind it will make it so. Not just the idea.
But what many VC’s may not tell you up front, is that they are also examining your psychological abilities. Running a business worth millions (or billions) of dollars is going to require you to be able to handle a lot of pressure. Not only will you need to overcome many challenges and obstacles on a daily basis, but you will also have to address inner office and personnel difficulties that will require good communication and listening skills.
When you tack on other common problems businesses face such as finance management, competition, uncertainty, regulation, marketing, and so on, what a VC is really looking for when they invest is someone who has a strong will and mental fortitude. They are looking for someone who is strong-minded and ready to go to battle because at the end of the day, you are fighting for their money.
This is why it is imperative that every entrepreneur has developed their own methodology for keeping their mind sharp. Everything from exercising, reading, to taking online courses, the person who is going to hand their hard earned money over to you wants to know that you have developed the skillset of keeping yourself strong physically and mentally and that you are always working to improve yourself.
While taking courses and reading books is highly recommended, these efforts do take up a considerable time. One quick way to give yourself a boost in morale is by reading some motivational quotes and phrases. These famous powerful words can help you quickly change your thinking from negative to positive and can help you overcome difficulties when they arise. Whats so beneficial about these sayings is that they come from people who have already been through the trenches and have overcome adversities.
Here are 11 quotes every entrepreneur can learn from:
- If you live long enough, you’ll make mistakes. But if you learn from them, you’ll be a better person. It’s how you handle adversity, not how it affects you. The main thing is never quit, never quit, never quit. – Bill Clinton
- “When one door closes another door opens; but we so often look so long and so regretfully upon the closed door, that we do not see the ones which open for us.” – Alexander Graham Bell
- “Without leaps of imagination, or dreaming, we lose the excitement of possibilities. Dreaming, after all, is a form of planning.” – Gloria Steinem
- “Everyone has an idea, but it’s really about executing the idea and attracting other people to help you with the idea.” -Jack Dorsey
- “Your hardest times often lead to the greatest moments of your life. Keep going. Tough situations build strong people in the end.” ― Roy T. Bennett
- “To conquer frustration, one must remain intensely focused on the outcome, not the obstacles.”– T.F. Hodge
- “The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.” – Nolan Bushnell
- “Things may come to those who wait, but only the things left by those who hustle.” – Abraham Lincoln
- “If you do what you’ve always done, you’ll get what you’ve always gotten.” -Tony Robbins
- “Have the end in mind and every day make sure your working towards it.”– Ryan Allis
- “My biggest motivation? Just to keep challenging myself. I see life almost like one long University education that I never had — everyday I’m learning something new.” – Richard Branson