In today’s world of work, more and more people are becoming entrepreneurs, however, sadly not all of them are successful, and I believe it’s because they didn’t know the 5 truths about being your own boss.

So today, I want to explain these truths, to make sure that when you begin your online venture, you are fully aware of what it takes for you to succeed.

1. It Takes Hard Work.

This may seem like a no brainer, but especially online, where the promise of pushing a button, or clicking a mouse, you will magically gain 4 million subscribers or earn $100,000 in 24 hours. Obviously, I am being a bit sarcastic, but there are products out there that do make claims, that may work for the product owner, but may not work for you.

So, the only real way to succeed is to put your head down, and work harder and longer hours at least initially, to become successful. So, as the boy scout’s motto goes, be prepared.

2. Self-Motivation Is A Must Have.

Again, so many aspiring self-employed people either don’t possess this skill, or worse, don’t believe they need any kind of motivation.

If this was the case, did you really think that Thomas Edison, when he discovered the light bulb after 10,000 attempts, or Albert Einstein when he split the atom didn’t motivate themselves?

Of course, they did, and they didn’t have the internet then to aid them, which makes their feats, and that of other great inventors and business people more remarkable when you stop and think about it.

3. Focus On Progress Not Perfection.

So many aspiring entrepreneurs say things such as I’ll make the leap when I have more money, or it’s not the perfect time right now.

They simply don’t grasp that perfection does not exist, however progression does. What I mean by that is, don’t wait for a perfect time or situation, just make a beginning, and then progress as time goes on, and you’ll definitely see how far you’ve come very quickly by just starting.

4. You Need To Keep Learning.

Again, another key truth is the vital ingredient of constantly learning. All the most successful entrepreneurs keep learning about their business, and themselves.

So be willing to invest time learning about your business, and ultimately yourself, as the dividends to your business will be immeasurable.

For instance, as I write a blog, I’m learning how comfortable I feel with my writing style, and every night before I sleep, I listen to an audiobook in the self-help niche, to help me understand my thoughts, and give myself a better opportunity to progress as a human being the next day, and indeed each and every day.

5. NEVER Underestimate The Power Of A Mentor.

So many people who choose to go it alone as a business person, sometimes forget or worse, underestimate the power of having a mentor.

When I started out online, I look back and wonder why I didn’t think about investing in a mentor, then I remember that I had seen too many emails promoting products that either promised to deliver easy money and of course couldn’t, or, I thought I’d find marketing online easy, which it isn’t.

Now, I’m delighted to say I have found an awesome mentor in John Thornhill. He replies personally to his personal emails, and is happy to help people who ask him questions. Not only that, but he also has an amazing team with him, who have a lot of experience online marketing.

This has made my life so much easier, and I learn so much easier and quicker having him as my mentor. It also helps me be more accountable, otherwise like all of us, I’d find excuses not to do any work lol.

Please take note of these truths, and feel free to use them as a foundation to start your business and grow it for the long term.

I hope you found this information beneficial to you, and I wish you every success now and for the future. If you have any questions, feel free to email me at

Until next time,


    2 replies to "The 5 Truths About Being An Entrepreneur"

    • David Wakeman

      Hello Paul,

      This is good post. The points are spot. I think at times we think we can do it all ourselves and other times we are afraid to ask for help. We need to dig in, do the tough work, seek help in a mentor and progress as we learn more.

      I to listen to self help audios and read quite a bit too.

      The more we seek new ideas, the more we grow.

      • paulhaylett

        Hi David,

        First of all, I’d like to apologise for the long delay in replying to your comment.

        Thank you for commenting, and yes, as human beings, and entrepreneurs we seem to
        develop what I like to call siege mentality, we dig in and convince ourselves
        that we do not need anyone’s help, because we can handle it.

        Sadly, it’s usually the time that we need the most help, that we choose to
        think these thoughts.

        By remembering that asking for help is a sign of strength, not weakness,
        then we become better people, and better business people as well.

        Keep being awesome 🙂

        Take care,


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