How did your struggles help you grow?

Hi David,

Thank you for asking one of the most important and yet ignored questions.

I am a new professional who had handful of struggles in their lives. Coming from a not so financially and educated background, the struggles came handy, the solutions didn't.

My father is businessman who had build a business out of 1 Dollar. Sounds shady but that's how he started . The key was patience and being smart with money

When starting a business we generally have a notion of getting the money from sources.

But we seem to forget that once you have money, you gotta spend, rather you WILL spend it.

The idea is to spend the money wisely. Before he started his business, we were hardly getting food on our plate to live a good life. Yet, he started networking with people. If you wanna runa business, you gotta let people in, good and bad. You gotta decide if you wanna keep the good people and how to enhance your business with them.

Thankfully, the money management part, which my mother was good at helped him to spend less on perosnal expenses. If you are broke and new and want to run a business oin your own. You have to put your business first and personal life later. Try to live like a minimalist. Because, you want to make money, not spend it before you make it.

Try to save from your personal expense and yes, make investments, starting with time, the most important assets you will ever have.

Divide your time with activities that involves maximizing business needs.

There you'll start getting the struggles and then begins how you process things. business, being the epitome of risk is build based your ability to not to succeed but to accept the failures, both personal and professional and get back in the field.

You'll lose poeple, money, friendships, more money, confidence but you have to earn them back.

I also aspire to be a business woman one day and if you have started the journey for greatness and success, remember, there's no turning back :)

All the best.

Hi David,

Your query is a tricky and harder to narrow with answers but yet wish to share a few points..

The above statement / responses would have give you some insight towards business and pain points, its absolutely true. Irrespective of occupation, gender, creed, social status, financial stability, martial status, everyone, would go through rough phases of life, only a few come out smiling and those are the true achievers. These rough tides would teach you a lot, both good & bad, its up to the individual what he/she reaps, good or bad.

I wish to share a few thumb rules that helped me come through my hard times and hope it helps..

1. Always remember, there is nothing permanent other than change in this world, good or bad, would definitely spin along the time so its always good we're prepared.
2. Your vision, focus and your thoughts are the only key motivation factors during your rough tides apart from other sources.
3. To be a good human or deserved business man, focus on others problems and the solution you build to help others would serve you more business and success.
4. Vital key to any business is connections, the more you make, more you grow but beware of bad ones too.
5. Irrespective of occupation, always find more ways to save and invest money rather spending it, i follow a rule of 40/60, where conclude all my expenses with 40% of my monthly income & save and invest rest 60%
6. Learn the active & passive ways of earning and read more...more...more...
7. Try to travel as more across the globe as a minimalist so that you shall have multiple ideas and multiple business.
8. Never dump all money on one business or saving or investment, splitting is good as we may not know which would crash or grow.
9. Develop an attitude to never ever give up, never count on results, count on learning, Learning is continual rather continuous.
10. Last but not least, only key to success is, patience, hard work & faith in our belief or vision or idea, irrespective of World.

Wishing you all success for future endeavours..