You are never too young to develop an entrepreneurship mindset. I would actually argue that a child has an unfair advantage for becoming an entrepreneur. Not only is their imagination endless, but they do not hold back based on limits of practicality or fear of failing. In addition, they are very adaptable, which becomes an essential skill in a constantly changing world.
Entrepreneurs at their core are determined. However, not every idea works. Therefore, a growth mindset is an invaluable asset. You must have resilience to bounce back after a failure or setback. What is important is to believe that the setback equipped you with tools that will help you do better on the next try. It is that unwavering determination that helps a person improve and figure out ways that they can do something, instead of coming up with excuses as to why they can’t or shouldn’t.
Dr. Angela Duckworth, author of the book titled ‘Grit’, believes that there is another important skill that is critical to develop. She believes that grit is a predictor of success. Duckworth defines grit as “passion and perseverance for very long-term goals.” It is about having stamina to work really hard on your goals and to stick with it in order to make them a reality. Furthermore, grit is founded on the desire to change the world around you.
This leads to my last point. Entrepreneurs usually start with an idea because they want to serve. For Steve Jobs, that meant providing a powerful computer to the every day person. Richard Branson’s story began when he created a magazine called ‘Student’ in order to give young people a voice. J.K. Rowling was rejected by 12 publishers before someone finally wanted to help share her story about a boy wizard. Finally, YTeach began because we wanted to find a way to help.
Keep asking questions, be open to feedback, find inspiration, and you will find your creativity flow. When things get hard, force yourself to see opportunities rather than obstacles, and ways to learn, persevere and push forward. Every day is a new chance to get better.
For this weeks #MakeItHappenMonday, we hope that you view your challenges as opportunities. Let us know how you faced your challenges by emailing email@example.com share your story and tag us on social 📷
Go make it happen,
Luly & the YTeach Team
“The best entrepreneurs know this: every great business is built around a secret that’s hidden from the outside. A great company is a conspiracy to change the world; when you share your secret, the recipient becomes a fellow conspirator.”
– Peter Thiel