A day in the life of an entrepreneur

Discussion in 'Investor Psychology & Mindset' started by D.T., 25th Nov, 2015.

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  1. D.T.

    D.T. Specialist Property Manager Business Member

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    Got this graphic off of social media today - who has been down this path and can empathise with it? Alternatively who thinks it goes differently than this?

    upload_2015-11-25_19-46-59.png
     
    D.T., 25th Nov, 2015
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  2. Kate Moloney

    Kate Moloney Well-Known Member

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    Self doubt can be part of the game, but the volatility in thinking displayed on that chart would make it hard to do anything during the day ... yikes..... you want consistent and stable thinking!

    If you are balanced in your mind, you become present, poised, peaceful and powerful .... and just get on with fulfilling your vision.
     
    Kate Moloney, 25th Dec, 2015
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  3. pinkboy

    pinkboy Well-Known Member

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    I just applied that chart to my almost 10 years in my business.

    Almost 100% accurate assessment.

    I'm not entrepreneurial though. My business is a necessary evil service, with no innovation or any scope for real enhancement of efficiency.

    pinkboy
     
    pinkboy, 25th Dec, 2015
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  4. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

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    Maybe I'm lucky but I don't find it anywhere near as roller coaster as that. Up's and downs yes, but much smoother on the whole :)
     
    Jess Peletier, 25th Dec, 2015
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  5. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Plus Member

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    Yes its true.

    I think many people further stuff up by buying an expensive car at the "its working" point.
     
    Terry_w, 25th Dec, 2015
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  6. Phantom

    Phantom Well-Known Member Premium Member

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    I think not just a car. But in general doing well for a short period of time brings the notion of success. Then they go out and buy something that they maybe shouldn't have just yet. Then the business takes a turn and the 'success' cash they had which might have saved them becomes the final nail in the coffin.
    Lesson is to be careful with money when things are going well. Don't be in a hurry to spend it. Always have in mind the 'what if' scenarios. Build buffers first. These will save you if things turn and even if they never turn it will provide good peace of mind.
     
    Phantom, 25th Dec, 2015
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  7. Ace in the Hole

    Ace in the Hole Well-Known Member

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    Took a few small knock backs when trying to get off the mark with various attempts, but once got going with something that worked, it's been up and up for the past 10 years.
     
    Ace in the Hole, 25th Dec, 2015
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  8. Omnidragon

    Omnidragon Well-Known Member

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    Show me a straight line graph please.
     
    Omnidragon, 26th Dec, 2015
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  9. Scott No Mates

    Scott No Mates Well-Known Member

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    @pinkboy - you found two niches in your market and moved forward on both fronts. The only danger is that it's tied to the one industry.
     
    Scott No Mates, 26th Dec, 2015
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  10. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    I'd agree if the title was 'a year in the life of an entrepreneur'
     
    Westminster, 26th Dec, 2015
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  11. Johnny Cashflow

    Johnny Cashflow Well-Known Member

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    That basically sums up my week

    Procrastinate all the time. Chopping and changing my mind HELLLP!
     
    Johnny Cashflow, 26th Dec, 2015
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  12. D.T.

    D.T. Specialist Property Manager Business Member

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    This one as well...

    [​IMG]
     
    D.T., 29th Dec, 2015
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  13. sanj

    sanj Well-Known Member

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    These graphs are usually done by people who arent entrepreneura themselves.

    If i regularly swing like that within a day id suggest a career change and a shrink
     
    sanj, 29th Dec, 2015
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  14. MTR

    MTR Material Girl Premium Member

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    I think it's just a bit of fun or a bit of nonsense, and I don't know any good shrinks unfortunately
     
    MTR, 29th Dec, 2015
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  15. sanj

    sanj Well-Known Member

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    Yeah i get that it's just a bit of fun, I just get a bit frustrated with all the constant motivational memes etc u see all over Facebook and the Internet. It has it's place sure but more often than not the people sharing such memes tend to be the talkers and not the doers. At least in my experience and of course there are exceptions to every rule
     
    sanj, 30th Dec, 2015
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  16. MTR

    MTR Material Girl Premium Member

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    I am not FC for a reason, and I like it that way.
     
    MTR, 30th Dec, 2015
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  17. SerenityNow

    SerenityNow Well-Known Member

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    what is fc?
     
    SerenityNow, 30th Dec, 2015
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  18. MTR

    MTR Material Girl Premium Member

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    face book ...oops fb
     
    MTR, 30th Dec, 2015
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  19. dabbler

    dabbler Well-Known Member

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    You talking about property or marriage now ???
     
    dabbler, 13th Jan, 2016
    #19