I’ve been tempted a few times to turn my back on online marketing but giving up is not an option. Many entrepreneurs fail because they give up when the going gets tough, or just before making a breakthrough. What they fail to realize is that successful entrepreneurs dealt with rejections and failures (some more than others) on their path to success.
Rejections and failures are part of the landscape of a successful life. ~ Adalia
So, what keeps successful entrepreneurs moving forward when others give up?
It’s persistence – a powerful trait successful entrepreneurs have in common – it keeps them laser-focused for their dreams.
Their persistence is fueled by a plan of action. The plan wasn’t always perfect, but having helped them achieve their goals more quickly than a haphazard plan of action.
Successful entrepreneurs let go of what isn’t working, reevaluate, implement a new plan, and move forward.
Their unshakeable commitment to their vision helps successful entrepreneurs overcome a plethora of challenges. They have the confidence and stamina to leap over gigantic hurdles and move through enormous obstacles.
Two mega-successful entrepreneurs thoughts on persistence
Michael Bloomberg – American business magnate, philanthropist and present Mayor of New York City, had this to say about persistence – an excerpt from his article – ” Top 5 Tips for Becoming a Successful Entrepreneur” on LinkedIn.com
Persistence really does pay off.
When starting my company, I would go downtown and buy cups of coffee. Then I’d take the coffee up to Merrill Lynch – our target audience – and walk the hallways.
“Hi,” I would say. “I’m Mike Bloomberg and I brought you a cup of coffee. Can I talk to you?” Even if people were wondering who I was or where I came from, they still took the coffee. And I kept coming back, day after day, working to build relationships with potential customers. I learned about the audience for our product and what they could really use.
Three years after starting Bloomberg LP, Merrill Lynch purchased 20 terminals and became our first customer.
In a 2011 interview, published on her website, Oprah explained the importance of being persistent: “You have to run your own race. Run it like a marathon. And just steadily build energy for yourself so that when you’re on the last lap, you’re stronger than ever.”
Persistence was the key for these successful authors
Stephen King – Threw his first book Carrie in the trash after it was rejected 30 times. His wife encouraged him to do submit one more time. To date he has sold 350+ copies of his novels.
Dr. Seuss – First book “And to Think I Saw It on Mulberry Street” was rejected 27 times before getting a yes.
Here’s a list of other authors – from dailywritingtips.com – and how man times each one was told NO.
Auntie Mame, Patrick Dennis (15)
Chicken Soup for the Soul, Jack Canfield and Mark Victor Hansen (140)
Diary of Anne Frank (16)
Dr. Seuss books (15)
Dubliners, James Joyce (22)
Dune, Frank Herbert (23)
Gone with the Wind, Margaret Mitchell (38)
Harry Potter book one, J. K. Rowling (9)
Jonathan Livingston Seagull, Richard Bach (18)
Kon-Tiki, Thor Heyerdahl (20)
M*A*S*H, Richard Hooker (17)
The Peter Principle, Laurence Peter (16)
The Princess Diaries, Meg Cabot (17)
Watership Down, Richard Adams (26)
A Wrinkle in Time, Madeleine L’Engle, (26)
More about famous authors here
Persistence was also the key for these successful entrepreneurs
Oprah Winfrey, media proprietor, talk show host, actress, producer, and philanthropist, dropped out of college in her senior year, and was fired from her first job as a television reporter because she wasn’t good enough.
You define your own life. Don’t let other people write your script. ~ Oprah
Harland David Sanders, Founder of Kentucky Fried Chicken, at age 64 when his restaurant failed, he decided to find potential franchisees, he was turned away 1,000 times before his first yes.
I made a resolve then that I was going to amount to something if I could. And no hours, nor amount of labor, nor amount of money would deter me from giving the best that there was in me. And I have done that ever since, and I win by it. I know. ~ Harland Sanders
Walt Disney, co-founder of Walt Disney Productions, business magnate, animator, producer, director, screenwriter, and voice actor. It’s hard to believe anyone would say no to this iconic empire builder, but he was told NO 302 times before receiving a yes for a loan.
“All the adversity I’ve had in my life, all my troubles and obstacles, have strengthened me… You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you.”~ Walt Disney
Richard Branson business magnate, investor, founder of Virgin Group of more than 400 companies, proved that the more you fail the more you’ll succeed, when you persist. Here’s a list of some of the businesses he started – Student Magazine (his first business), Virgin Cola, Virgin Drinks, Virgin Brides, Virgin Clothing, Virgin Vie (cosmetics), Virgin Cars, Virginware, Virgin Flowers, Virgin Student, Virgin Pulse and Virgin Digital.
“Business opportunities are like buses; there’s always another one coming.” ― Richard Branson
Steven Spielberg, film director, screenwriter, producer, and business magnate, was denied admission to the University of Southern California School of Theater, Film and Television two times; He was accepted at Cal State Long Beach but eventually dropped out.
“I don’t dream at night, I dream at day, I dream all day; I’m dreaming for living.” ― Steven Spielberg
Henry Ford, industrialist, visionary, and founder of Ford Motor Company, even though he had significant business failures became one of America’s greatest entrepreneurs.
Failure is simply the opportunity to begin again, this time more intelligently. ~ Henry Ford
Howard Schultz, founder of Starbucks, kept his dream alive after 242 banks turned him away. He persisted and the rest is history.
“In times of adversity and change, we really discover who we are and what we’re made of.” ~ Howard Schultz
Thomas Edison, inventor of the light bulb, is the fourth most prolific inventor in the world. He epitomizes persistence, he experienced hundreds of failures, but his passion kept him moving forward.
“Many of life’s failures are people who did not realize how close they were to success when they gave up.” ~ Thomas A. Edison
“You’ve got to love what you do to really make things happen.”~ Philip Green
It’s a wrap
Been persistent means to do what’s necessary when you don’t feel like it. It means to break through resistance real and imagined. It’s picking yourself up when you’re knocked off your feet.
Confident entrepreneurs never give up, they persist. Don’t ever think of giving up on your dreams and if you do, be inspired by these entrepreneurs, whose persistence brought them success.
Who or what inspires you to persist when you want to throw in the towel? Is there a successful person you want to add to the list? Share in the comment section below.
To persist when everyone around you say you shouldn’t, to persist when the odds are stacked against you, takes a confident mindset.
Persistence is a skill that can be learned. If it’s easy for you to give up on your dreams, and you’re ready for a change, my FREE strategy session will get you started. Contact me today. You’ll be glad you did.