As a young entrepreneur, you must learn to sacrifice?

by Admin on August 14, 2009

chasingdreams1

I was debating whether to tweet this or make in into a blog post, but i decided that 140 characters won’t do justice to what I intend to share. I have only just started work on my latest start-up and even I admit it is ridiculously time consuming. So time consuming that I can only check my email one time a day, that I can only manage to write two posts per week at best on this blog (it is currently 4:20 a.m and it is the only time I can write this piece, yet I have to be up in 3 hours to meet with a client). Anyway, my point is that in the middle of all this hard work, my missus decided to “take time off, because I didn’t have time for her.”

Typically I am not a man of emotions, I barely share my emotions with myself let alone a second party. I didn’t take her words to heart until I was done with my bit of work for the day. I sat back on the futon, sipped on a glass of soda and started to analyze the situation. By taking time off, she meant not seeing me and not having anything to do with me until a time of her choosing. But what have I done to deserve it?

Realistically, I barely tried to help the situation. I am completely bootstrapped as far as my start-up goes and I also have clients to satisfy, so it is hard to have time for extra curricular activities (that don’t involve sleep). I haven’t gone to the cinema in well over 4/5 months, I have not been to a diner in 8months and I don’t remember the last time I rang 1-800-flowers to put a smile on the face of the missus. I know I have not tried at all, but am I completely failing? am I failing to set priorities or manage time effectively?

As a young entrepreneur without the ‘million dollars’ or backing of a VC/ Angel investor, things are tough. I never have time to do anything! The girlfriend has never given me an ultimatum or anything like that (she really is one of a kind), but I can’t help but think: what if I had to choose between pursuing my dreams and domestic responsibilities a.k.a. the missus, what would I have done? Now that things have sort of ended on that front, I feel very let down. I feel like perhaps she should be supportive of my quest rather than “taking time off”.

As I sat there collecting my thoughts, my phone rang. It was my mate Dacosta. He is a legend in my opinion. He owns a number of bars and clubs in Liverpool, England and has only recently started a record label in Los Angeles. Yes anyone can own bars and start a record label, but if you are currently 24 years old and lived in foster care till you were 18 before breaking out to chase your dreams, without a family, then that is inspirational as far as I am concerned. He spent 5 minutes on the phone with me explaining how it is practically inevitable for entrepreneurs to sacrifice important bits of their lives in order to chase start-up dreams.  Now that I think about it, I realize I have given up quite a lot in my quest to build a successful brand and business.

I used to play soccer every single day! Now I am lucky if I kick the round leather once in 2 weeks. I used to enjoy just sitting with the missus having random discussions, I don’t remember the last time we did that. I used to enjoy spending my dollar bills on lovely clothes, Nike kicks, Liverpool jerseys, gifts for family an friends, e.t.c. but now I definitely haven’t even bought myself anything in like 7 months. All my funds have been designated to the business. I guess as young entrepreneurs, another important lesson we must learn is to sacrifice some things that are dear to us. I can’t help but wonder though, if I could go back and do things over, will I re-prioritize? As much as it hurts to be away from these things I have sacrificed,  I  don’t think I will want to put my passion on hold…even though I do wish the missus will read this and soften her stance. What are your thoughts on prioritizing and sacrificing as a young entrepreneur?

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  • michaelbillewicz
    The truly successful are just 3% of the population. Meaning, most folks will not understand your passion and drive to make a difference in your world. Don't get me wrong, they will love to revel in your success and help you enjoy the fruits of all your hard work. They just don't want to do the work!

    In your youth, you have one big thing in your favor. Your youth. The ability to out-hustle, out-pace and out-preform someone twice your age. And do it every day.

    High performance requires high octane support. A great coach, a mentor, good nutrition, regular exercise and planned 'social' time.

    The key word is "planned". If you do not plan to do it, you plan not to. If you are running on all cylinders, i.e., mental, physical, emotional & spiritual balance, then everything will fall into alignment.

    I wish you all the best,

    Michael Billewicz
  • borrad
    +1 :-)
    I'm not much of a spender my self, but I really can't remember the last time I went out and bought something for my self. My gf is very understanding, but I really feel that I need to commit my time to other things other than the pc and internet marketing.
    Lack of sleep is definitely doing its part, but , as Tom said, it is easier said than done.

    Milo
  • Tom Wiley
    Excellent post again Mr. Babalola! I think before a person can succeed as a business man or woman, it takes a lot. Many things will be sacrificed and you might even leave a feel people feeling hurt and distraught. Just learn to balance things and the journey will be a lot easier. But I know, easier said than done right? I am in the same exact predicament as you.
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