by Debbie Ruston, MASTERMINDS Panel Member
I have an excellent startup idea for an eCommerce site. I have an investor interested and a partner in place. I just don’t know if I have the time when I need to put in 80 hour work weeks as it is to cover my expenses. Is it even possible?
Let me congratulate you on your idea and securing a partner and investor. You have taken some important first steps.
When a person decides they want to take a new path in life, it requires making different decisions than you have made up to this point. You cannot get different results with the same thinking that brought you to this point.
My first question for you would be do you believe it’s possible and how strong is your desire? If you believe there are too many “roadblocks” and your desire does not outweigh the roadblocks, then it will not be possible for you. You need a burning desire and a willingness to do what it takes, for as long as it takes. If you believe there are too many “roadblocks” and your desire does not outweigh the roadblocks, then it will not be possible for you.
Second, do you want what everyone else has, or are you willing to do what it takes to create something better for yourself? Society is full of people that “settle” for what they think is possible in their lives. Most are stressed out, unhappy and unfulfilled, and yet they wonder why nothing changes for them. If you are not willing to settle, and you are willing to roll up your sleeves and go to work, you are on the way to creating something that others just dream about.
Third, do you want to continue building your employers dream, or are you ready and committed to building your own? You mentioned you are working 80 hrs per wk for your employer. Ask yourself who is benefiting most from this? If you don’t take this step, where will you be in 1 year, 5 years, 10 years if nothing changes. How long do you think you can maintain an 80 hr work week without burning out? I remember being in those exact shoes, working 80 hrs per week and starting a new business. Where do you find the time? It starts with identifying all the areas you shouldn’t be wasting time on. There is a very simple question you can ask yourself when making decisions on how to spend your time and what actions to take. “Is this bringing me closer or further away from my goal?” Working 80 hrs per week when you want to build your own business is not taking you closer to your goal of being self employed. You will need to be willing to pull back from things you may be doing out of habit, so that you free up pockets of time you can devote to your own business…..remember you must take different actions and make different decisions than you have that brought you to this point of working 80 hrs per week for an employer. The other thing you can consider is why are your expenses so high….is there something you can give up in the short term to reduce your expenses so that you do not need to work 80 hrs a week to pay the bills.
If you believe there are too many “roadblocks” and your desire does not outweigh the roadblocks, then it will not be possible for you.
If your desire is strong enough you will overcome every challenge that you can identify. Challenge IS part of the process. Every success in life starts with a burning desire, and every person that creates success has gone through their own set of challenges.
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