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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
All the sneaky ways that flower-delivery services get your order - Business InsiderAs you order flowers for your loved ones, don't forget to make sure you know where your flowers are coming from and who is getting paid for them.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Etihad A320 business class review Maldives to Abu Dhabi: food, seat - Business InsiderBefore getting to fly on Etihad's luxurious double-decker A380, I flew to the airline's Abu Dhabi hub on one of its regional narrow-body planes.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How Gwen Jimmere launched her hair care business with just $32 - Business InsiderThe Style Series: Gwen Jimmere is the first African American woman to hold a patent for a natural hair care product. Here's how she launched her business with just $32.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Pier 1's bankruptcy filing may hold a silver lining for the struggling home-goods retailer - Business Insider'There's something there that's worthwhile to continue operating or get sold,' bankruptcy attorney Sid Scheinberg told Business Insider.
Source: BusinessInsider - 🏆 729. / 51 Read more »
US avocado consumption helps Mexican cartels, gun control could help - Business InsiderOpinion | America's appetite for avocados is helping to fuel the Mexican cartels, but giving up guacamole isn't the solution. By falko_ernst of crisisgroup and ICGlatam. falko_ernst CrisisGroup ICGlatam There is at least one thing the Millenials got right. Guacamole toast. Just guacamole in general. falko_ernst CrisisGroup ICGlatam If you’re from California giving avocados isn’t an option!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Medicare for All wins big for Sanders in Nevada, New Hampshire, Iowa - Business InsiderTwo separate exit polls showed strong support among Democratic voters for Sanders's plan to insure every American under Medicare for All. Do you support Medicare for All? Voice your opinion on How on Earth can someone attack Medicare for all? Only those are profiting unlimitedly. tckalways Wonder what happens when Congress won't pass Medicare-for-All?
Source: BusinessInsider - 🏆 729. / 51 Read more »