Bridge Firm Recovery - April 2020

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use to stay safe and complacent. “If you never try, then you never fail” is a mentality that kills your ideas before they can blossom into reality. But if you want to become a real entrepreneur, the kind who puts everything into building something they’re passionate about, then you must sacrifice the comfort of fear. Failure is going to happen in some form or another. It’s inevitable. The sooner you realize that, the easier it is to fight it. This is the hardest sacrifice of them all. Dedicating so much time to the work you do means that holding onto friends becomes a challenge. Some friends will be detrimental to your mission, and you’ll have to let them go. But family is a different story. Family is essential because they’ll be there for you through everything. It’s about finding balance. At the end of a long day, go home and spend time with your family — you’re going to need their support. However, be ready to stay up until the early morning hours to make up for that time. Occasionally, you’ll have to choose your work over spending time with your family. Are you prepared to make that sacrifice? The price of great success is higher than most people can afford. But if your dreams are waiting for you on the other side of that success, then don’t hesitate about the risks it takes to get there. For those who’ve done it, the risk of never having the life they wanted far outweighed everything else. FRIENDS AND FAMILY

When you start your own business, you’re the one responsible for keeping it alive, meaning anything you make has to right go back into it, leaving little left for you. You need to be willing to sacrifice your rewards.

FEAR OF FAILURE

This might seem easy to sacrifice. No one likes feeling fearful. Yet fear of failure is the biggest crutch that business owners and entrepreneurs

‘STARTWITHWHY’ And Better Business Will Follow

• Look backward at the original motivation for starting your business. What specific problem were you trying to solve, and why was it important to you to solve it? Look outward by asking those around you why they spend time with you or why a customer buys from you. You can learn why people are drawn to you and your business this way. Look inward by identifying a bigger vision that you wish to contribute to. What do you believe in? What really matters to you? “Start With Why” teaches readers how to go about discovering their “why,” then instructs them on how to effectively use that information to help their business. It also helps them unleash their business’s vast potential that has remained untapped until now. • •

product details. But if you help people understand why you do what you do by revealing the real purpose and intention behind your reasons, you build a sense of trust. This trust leads to loyalty, and

“There are only two ways to influence human behavior: You can manipulate it, or you can inspire it.” –Simon Sinek It can often be hard to clearly articulate what you do for a living. That means it can be difficult to explain your vision to potential clients and customers, which then makes it harder to convince them to purchase your product or services. In “Start With Why,” author Simon Sinek illustrates the importance of explaining to others why you do the business you do rather than explaining what you do or how you do it. Sinek argues that when people start figuring out the “why” in what they do, it inspires action from others in a way that discussing the “what” can’t. Talking about the “why” engages emotions; analyzing the “what” is purely logical. When you try to sell something to people based on “what,” you rely on specific manipulations like price and

loyalty means that person comes back to do business with you and also refers your business to others. This is how businesses grow! Figuring out your “why” is a process of discovery, not invention. In order to discover it, you can turn to three key strategies.

2 • www.bridgefirmrecovery.com • cash@bridgefirmrecovery.com

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