VirincSolutions IM Guide
4 min readAug 26, 2021

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Our lives are a reflection of our beliefs. While most of us are aware of this, we continue to cling to outdated negative notions — even when they are holding us back. Putting them aside and forming new beliefs appears to be a Herculean undertaking. These ideas (which are frequently based on assumptions and errors) shape our worldviews and provide justification for our behaviors.

3 Negative Beliefs That Don’t Support Entrepreneurial Mindset

“The moment you doubt whether you can fly, you cease for ever to be able to do it.” — J. M. Barrie, Peter Pan

Our lives are a reflection of our beliefs. While most of us are aware of this, we continue to cling to outdated negative notions — even when they are holding us back. Putting them aside and forming new beliefs appears to be a Herculean undertaking.

3 Negative Beliefs That Hold Entrepreneurs Back

These ideas (which are frequently based on assumptions and errors) shape our worldviews and provide justification for our behaviors.

However, if we pause to consider it and ask ourselves, “Where did we receive these beliefs?”

”… We’d learn that the majority of them were instilled in us as children by our parents, teachers, and other ‘well-meaning and rational’ adults. Generally, these self-limiting and defeatist views will obstruct your success as an entrepreneur. You’re already setting yourself up for failure.

Consider some of the most prevalent ideas that are detrimental to your ambitions…

1. Money Creates Money

This is arguably the most egregious of the bunch. This misunderstanding results in a self-reinforcing situation. You wish to start a business in order to enhance your financial situation… However, you need money to start a business — money that you now lack. As a result, you are doomed.

However, is this argument valid? Are you truly in need of funds to get started?

A cursory examination of some of the world’s greatest economic achievements reveals that the majority of them began in insignificant circumstances. They began tiny and gradually expanded. Similarly, nothing prevents you from starting small and working your way up the ladder of commercial success.

You require resourcefulness, not resources. Do not write yourself off simply because you lack financial resources. Rest assured that your enthusiasm, confidence, passion, and hard effort will assist you in locating the resources you require and utilizing them to advance your firm.

2. Following Rather Than Leading

The world adores a winner and frequently places them on pedestals. They receive coverage in the media. They are the subject of books, and so on. Parents, professors, and others frequently advise us to emulate successful individuals and study biographies. The idea is to emulate these larger-than-life individuals who epitomize success.

Thousands of people aspire to be the next Michael Jordan or Elon Musk. Or perhaps the next pop sensation… and so forth. And yet, if you asked Michael Jordan who he desired to be, he would very certainly respond, “Michael Jordan.”

This is a contradiction — world leaders (in any profession) are virtually invariably trailblazers who march to the beat of their own drum. They’re so focused on being the best version of themselves that they don’t have time to imitate others.

Utilizing a role model to motivate you is a good place to begin… However, if you actually want to succeed, you must take the initiative rather than follow. You’ll need to step into the spotlight and be willing to be seen by the public, rather than remaining quietly hidden in the shadows. You’ll receive honors and recognition, but also criticism and hatred. This is to be expected. Keep in mind that leaders lead. If you want to achieve great success, you must take the initiative.

3. Expecting Instant Success

A lack of patience has killed more goals/dreams than any other factor. Our contemporary civilization fosters impatience. Speedy notifications, text messaging, microwaves, instant dinners, and entire 22-episode seasons of Netflix shows presented in one sitting have convinced us that everything is possible. We’re looking for results, and we’re looking for them now. Ideally, yesterday.

However, life is totally different. Any worthwhile aim will take time to accomplish. Generally, it will take longer than you anticipate. As Jeff Bezos put it, “any overnight success takes around ten years.” The road cannot be condensed into a 90-minute Hollywood film. There is no upbeat soundtrack to motivate you. Success is an unpleasant, filthy battle in which you must claw your way to the top. That is how it has ALWAYS been.

Therefore, if you embark on an entrepreneurial adventure expecting instant profits without effort, you will be in for an unpleasant awakening. It’s only a matter of time before you encounter difficulties, roadblocks, suffering, hardships, and a plethora of other issues that you’ll need to conquer on a daily basis.

You may be wondering, “How come this is happening to me?” Why is it so difficult? ” The reality is that it does not happen randomly. It occurs to every entrepreneur seeking advancement. This is the turbulence that you must navigate through until reaching cruising altitude.

Additionally, it will take time. Therefore, if you are lacking in patience, it is necessary to convince yourself that you are in for the long haul. Now that you’re aware of these three self-limiting ideas, you may take actions to overcome them and move forward toward success.

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VirincSolutions IM Guide
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