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Because being an entrepreneur is hard. And low points are inevitable. Written by Mike Scott, co-founder and CEO of NONA, a software development studio based in South Africa.
I started my first business when I was 16, and as I write this I am 36. In my 20 years of being an entrepreneur, I cannot even begin to count the number of times that I have had bad days that could have been the beginning of the end for the business in question. But they weren’t.
There’s a lot of press about the overnight successes, but the reality is that being an entrepreneur and business leader is about the hard, often lonely, work in between the few moments of clarity and celebration.
Being able to thrive in those less-than-newsworthy periods in between the moments of celebration is what makes a successful entrepreneur. It’s about continuous disciplined execution—and that is not easy.
This is why I developed a process that I activate whenever I hit a low point. I wanted to share it because it has helped me so many times.
1. Meditate.
During those low points, the first thing to hit me is generally the feeling of complete defeat or anxiety. Often I can’t even articulate what it is that is causing it, but it doesn’t actually matter. The feeling is there and that is the challenge.
When this happens, I am in a state of amygdala-hijack and I am in full primal flight or fight mode, which renders me pretty useless at making good decisions and thinking sensibly.
So, I meditate. By meditating, even for 5 minutes, I allow my brain the chance to shift its energy away from the amygdala (fight or flight), toward the pre-frontal cortex (awareness, concentration and clear decision making).
Simply put, if I give myself the time… Read More
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