Entrepreneurship Is Uncertainty

Summary

• As an entrepreneur, you must train yourself, or someone else, in the necessary skills required for your business.
• When faced with challenges, it's important to observe and learn from others who have succeeded in the same area.
• Understand that encountering difficulties is a common experience, and the urge to find an easier path is normal — but often misleading.
• Embrace the truth that nothing worth pursuing comes easily, and perseverance through uncomfortable learning periods is key.
• Entrepreneurship is inherently filled with uncertainty, and being comfortable with this uncertainty is crucial for success.
• Realize that a guaranteed outcome would reduce the value of the pursuit, as it would attract everyone to an oversaturated opportunity.

Video

How To Take Action

I would suggest training yourself in the skills vital for your business. This means sitting down, figuring out what you need to be good at, and then practicing those skills every day. You can also teach someone else these skills to help you out. It's like playing on a team – the better each player is, the stronger the team!

When things get tough, look at people who've already nailed what you're trying to do. How did they succeed? What steps did they take? It's not about copying them but learning from their journey.

Understand that feeling like you want to quit and do something easier is normal. But remember, it's a trap! The things that are worth it are never easy. So, when it feels super hard, know that's when you're growing the most.

Accept that being an entrepreneur means dealing with a lot of unknowns. It's kinda like exploring a new place without a map. You're not sure what's around the corner, but that's part of the adventure. Trust that the hard work you're doing will pay off, even if the results aren't instant.

Finally, remember that the prize feels so good because it's hard to get. If everyone could do it, it wouldn't be special. So stick with it, push through the hard times, and keep your eyes on the prize. Because when you do make it, it'll be all the sweeter knowing what you went through to get there.

Quotes by Alex Hormozi

"Focus is a skill"

– Alex Hormozi

"I can train someone to do it if you're in the same environment"

– Alex Hormozi

"Nothing is going to be easy"

– Alex Hormozi

"You have to go through the period of not knowing what you're doing"

– Alex Hormozi

"You have to get really comfortable with that"

– Alex Hormozi

Full Transcript

focus is skill I can train someone to do it if you're in the same environment and you're at this point where you're not sure what to do but other people have succeeded at this thing and then you think something else is easier that you find out about that is a stimulus that we can then say here's the red flash card are you going to duck or you going to get slapped and realistically most people just need to keep getting slapped until eventually they realize that nothing is going to be easy and they have to go through the period of not knowing what they're doing that in essence is what entrepreneurship feels like is uncertainty of whether or not all of the time that you've put in is actually going to work out and you have to get really comfortable with that is that you won't know because if you were to be guaranteed the outcome that you're going to get what you want you wouldn't want to do it to begin with because everyone would already be doing it because it's already guaranteed which means the opportunity is gone