Iranian Golden Pages Canada - Zarvaragh.com
Home Directory Promote Your Business Services Need Business Advice? About Us Contact Us  
 


Advanced Search



 




Contact us to promote your business
Your listing will appear on Google!
 

Startup Success: Good Things Come to Those Who Wait Read more




Living in a world of overnight success stories like Instagram and Facebook has led many of today’s new entrepreneurs to expect too much without putting in the work. While we all dream of that billion-dollar business idea, the sad reality is that those monumental overnight successes rarely (and I mean very rarely!) happen.

Entrepreneurs need to ditch the “instant gratification” mindset and realize that success takes time and work. Before you commit to starting a new business, it’s important to realize that it’s a long and bumpy road, but the treasure at the end is worth the stress.

The Beginning

You’ve heard it from me, you’ll hear it from peers, and you’ll hear it from industry leaders: The beginning of a new business venture is tough. Expect many late nights, sleep deprivation, uncertainty, and stress. People look at my company and only see the gross sales — they don’t know about my 20-hour days in the beginning, when I was struggling to pay the bills and eating rice and ketchup.

During this phase of your business, be realistic when setting goals. Unfortunately, there will always be people — mostly imitators and second movers — who will try to build a new social media that’s “better than Facebook.” Maybe you actually can achieve this feat, but maybe you can’t. Even Mark Zuckerberg had to quit Harvard and risk his financial future to run and grow Facebook.

Overnight Success vs. Working Your Way Up

Instagram is an overnight success. With 13 employees and no revenue, the company started off small. Within a few months, the company had 30 million users.

That doesn’t always happen. Most of the time, your company will have to work its way up. Take the bank security system company Cyota as a prime example. For the company’s first four years, Cyota’s CEO, Naftali Bennet, admitted his company struggled. But with a combination of extreme dedication and creativity, the company started growing. In 2005, it was acquired by RSA Security for $145 million. Today, they provide security to all of the larger banks in the U.S.

That’s what I call success. If you’re not willing to go down this path, get a day job. That will be more profitable than trying to travel down Instagram’s road.

The Truth

Studies show only 10% of startup companies make it in the long run. But don’t let that discourage you — it doesn’t mean that only 10% of entrepreneurs make it. For many entrepreneurs, it’s often the second or third attempt in business that succeeds.

Hopefully, you can reach that success phase with your own business — the stage where you know you’ve made it, where you love what you do, and when you can start enjoying good champagne. The best way to get there is through a combination of hard work and patience.

by Joe Martin
startupnation.com


1564 page views
Want to convert pinglish to english?   Want to convert date?   Want to find out today's currencies' value?
         
Need a dictionary?   Want to download Zarvaragh's pdf version?   Need business advice?

 
 
 
 
 
   
 
   
 
 
 
     
 
Head Office
Toronto, Ontario, Canada
Phone: 416-222-2211
Toll Free: 1-855-460-2211
Fax: 416-222-7422
mail@zarvaragh.com
   
3500 Dufferin Street
Suite 603 Toronto,ON M3K 1N2

Montreal, Québec, Canada
Toll Free: 1-855-460-2211
Fax: 416-222-7422
montreal@zarvaragh.com

Orange, California, USA
Phone: 714-978-4888
Toll Free: 1-855-460-2211
usa@zarvaragh.com

© 2011 www.zarvaragh.com
Sitemap:

Home
Add Your Business
Directory
Promote Your Business
Services
Need Business Advice
About Us
Contact Us
Website Legals
Download Zarvaragh Online Versions:

2015 - 2016
2014 - 2015
2013 - 2014
2012 - 2013
2011 - 2012
2010 - 2011
2009 - 2010
2008 - 2009
2007 - 2008
2006 - 2007
2004 - 2005