Vaynerchuk discussed the entitlement mindset he sees in some entrepreneurs and the negative effect that it has on innovation.
"The young, hungrier thing wins, and the fatter, older thing loses. We're the fatter older thing. We think somebody owes us s---," he said. Too many founders do not understand the amount of work, dedication, and sacrifice that's actually necessary to do what they say they want to do. To build a company, to live a dream, to find their purpose, to change the world, to making millions, whatever it is — they have to work at it. Nothing is just handed to them on a silver platter.
For entrepreneurs, your work is never done. You need to continue to put in the work to reap the rewards. You have to set up a specific timeline for where you want to be, put in place benchmarks, and figure out how you want to get there. Just because we achieve something — funding, followers, etc. — it doesn't necessarily equate to success. Entitlement leads to delusion, which can lead to failed businesses as we focus on the wrong things.
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