Just because a business survives for five years, doesn’t make it a success. Are you taking the steps to have a business success or just a surviving business?
Sure we know that according to organizations like Kauffman Foundation and the U.S. Chamber of commerce that 75% of businesses do not survive 15 years for a number of reasons, such as undercapitalization, poor planning, overexpansion or shifting market conditions. but what about the fact that few that do survive actually reach their full potential.
So few entrepreneurs “think big” as Donald Trump would say.
Imagine if Steve Jobs limited himself to making computers for his college buddies, or Mark Zuckerberg had not expanded his company’s target from college students to everyone on the planet.
In order for fewer entrepreneurs to miss the opportunity, they need to take steps to overcome the lack of motivation to pursue “Big Ideas”.
They need to reach outside their comfort zone, and not be content with just “the low hanging fruit” and have a team of influencers with diversity and expertise.
Many entrepreneurs lack the self confidence to “think big” and will need to take steps to increase their self confidence.
“High achievers spot rich opportunities swiftly, make big decisions quickly and move into action immediately. Follow these principles and you can make your dreams come true.” – Robert H. Schuller