From Struggles To Success: 6 Essential Tips For New Entrepreneurs
Channel: Jellis Vaes
Date: 2020-02-10

The journey toward becoming an entrepreneur isn’t an easy one. It’s a challenging road. However, if it is for you, it is also the most satisfying road to walk, and can lead to immeasurable growth.

Here in this video, I want to share with you six tips for new entrepreneurs and some other tips I have gained from the struggles I went through, along with advice based on how I dealt with them.

I am the founder and CEO of The IPS Project, an educational platform on life where we provide knowledge about life topics such as mental health, relationships, the workings of the mind, etc.—topics we learn little to nothing about while growing up.

Down below, you can find the timestamps of each tip and piece of advice. Underneath each tip, I’ll also provide additional helpful resources (books, podcasts, videos, etc.). 

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Intro 00:00-01:43

✅1. Don't Look Back. Commit. 01:43 - 07:40

If you genuinely want to build something up, you must commit and go for it 100%.
A good question to ask yourself if you don’t seem fully committed is: Why am I not going all the way in? What is holding me back?

However, I don’t mean that you can’t stop or change plans along the way if you eventually figure out what you set out to do isn’t your thing. 

But when you decide to go for whatever you want to do, you need to go in all the way. If you don’t, you are holding yourself back from succeeding and you may never truly realize if it can work or if it’s something you enjoy or not, for that matter.

✅2. Experiment  07:40 - 12:36

If you don’t immediately know what you want to do, experiment with everything you possibly might want to do. It’s only by doing, by walking the path, that the road becomes much clearer.

📺Some Good Videos:

• How to Find Your Passion
https://www.youtube.com/watch?v=Qo3TmwD9JU0 

• WHAT TO DO AFTER COLLEGE
https://www.youtube.com/watch?v=RBXZlYdiizk

✅3. Do Something you Have Passion For 12:36 - 17:03

You are less likely to put the same amount of work or effort into something you don’t love or are not passionate about. If money is the only driving force, you are likely going to burn out at some point. In this great age and time, you can make money from anything. 

There are no excuses not to build up something out of whatever it is you love or are passionate about.

📺Helpful Videos:

• Start with why -- how great leaders inspire action | Simon Sinek 
https://www.youtube.com/watch?v=u4ZoJKF_VuA

✅4. It's Going to Take Longer than You Think 17:03 - 18:37

What this comes down to is one word: Start. The sooner you can start the better. There are hundreds and thousands of new things you can’t foresee right now that will make this process of creating your own company so much longer.

✅5. It's Going to Take Work. A Lot of Work. 18:37 - 22:42

Hard work shouldn’t scare you. It’s the reality of every entrepreneur. There is no successful person in the world who didn’t work their ass off. If hard work scares you off, then it is possible that you are not doing the right thing (if so, go back to No. 3). Or it might be that being an entrepreneur is not your thing.

Now, working hard doesn’t mean you can’t go out and have a personal life. Of course, you can. But you must understand that if you want to make something work, it’s going to take time, dedication, and a lot of work. 

To understand better the journey of being an entrepreneur, I would recommend that you read biographies of people like Walt Disney to truly see what the journey of building something from the ground up looks like.

📚Here are a couple of book suggestions:

• Shoe Dog: A Memoir by the Creator of Nike
• Walt Disney: The Triumph of the American Imagination
• Losing My Virginity
• Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future

📺A Great Video to Watch:
• Hard Work & Patience
https://www.youtube.com/watch?v=XrVvFUYtYwI

✅6. It’s Going to Be Lonely 22:42 - 28:23

Of course, everyone’s situation is different. You might have a business partner. However, the beginning of many startups, when a company is still growing and developing into something, can be incredibly lonely years. 

Even though I love what I do, the first years of building The IPS Project were lonely. 

My most significant piece of advice that improved the situation was joining a coworking place. Or a community such as WIFI Tribe, which is a community of digital nomads who travel and work together.

🌐Helpful Websites:

• https://nomadlist.com/
• https://wifitribe.co/
• https://www.coworker.com/search

📺Helpful Videos:

• Why Being an Entrepreneur is Lonely?
https://www.youtube.com/watch?v=bs-fzhB5P6A

• Entrepreneurship Can Get Lonely: 10 Ways To Fix Entrepreneurial Loneliness
https://www.youtube.com/watch?v=6ZrlbSRkDMU

Outro 28:23 - 28:52