Obstacles are inevitable for entrepreneurs. You’ll encounter them no matter what kind of business you have. You really only have two choices when it comes to dealing with them.
Either you allow them to cause you to shrink back in fear and self-doubt, or you embrace them, refusing to allow them to intimidate you. Believe it or not, a successful business is one that welcomes obstacles.
Being an entrepreneur will come with many ups and downs emotionally because of hindrances. You might experience fear, disappointment, anger and more. Thriving with challenge means that you don’t allow your emotions to guide you.
You recognize the challenge for what it is – just part of doing business – and you pick yourself up and get right back to focusing on moving your business forward to the next step.
If you do some research, you’ll find that businesses that see success today once faced seemingly insurmountable challenges. The only thing they did differently than the businesses that folded up shop did was that they allowed those obstacles to fuel their determination rather than defeat it.
Challenges weed out the weak and less determined. They help those who dig in their heels and see challenges for the opportunities they can be become forged in the fire that these problems bring.
In the end, they come out stronger and better than before they encountered whatever they faced. You can become the kind of person who thrives through challenges by having a winning strategy.
Make sure that you have a group of go getters you can turn to when the setbacks surface. This might be other business owners that you reach out to or successful people that you read about and you can hold onto their advice while you’re going through your challenge.
When you’re struggling with an obstacle, hold onto the reason why you wanted to start your business to begin with. Reminding yourself of your why will help you stay determined to succeed no matter what.
Make sure that your mind is set on the right things. If negativity crops up, kick that thought out and cultivate positive thoughts. If you have a negative mindset toward obstacles, overhaul that thinking and become determined to find at least one good thing about the obstacles you face.
Remember that not every obstacle will leave you the winner. When a challenge feels like it’s driven you to rock bottom, decide if it’s time to create a fork in the road in order to go around it.
For example, you may have a product that you want to launch by a certain date, but one issue after another has developed and that launch date just isn’t going to happen. Go around that obstacle by setting another launch date and using the extended time to add more to your project so that it becomes even more profitable.