Although I have accomplished quite a bit in my short lifetime, I’m going through a stage where I feel like a loser.
I’ve been slacking off and honestly kind of board with my business. It’s at the point where I can get by without doing much work.
Everytime I come back to my hometown my family just doesn’t get it. They don’t understand my entrepreneurial mindset.
I’m 21 years old and I’ve built an online fitness coaching business.
I’ve generated multiple six figures over the last 2-3 years.
I decided I was finished with college after my freshman year and wanted to pursue my business all the way.
I moved to San Diego and I’ve been there for about two years.
Although most people would say you’re doing amazing and killing it.
I know I could be doing better.
I want a bigger opportunity, I want to work harder, and develop a vision so huge it scares me.
I feel like my next evolution is coming up but right now I’m in the growing pains where I feel a little lost and unsure of what’s next.
I have a few ideas and I’m testing out the market for them but it’s an uncomfortable period.
I feel like I’m just coasting and not growing. It’s not a fun place to be.
Any advice?
Growth, certainty and uncertainty are all required for happiness. You’re about to be happier
I appreciate this. Thank you brother
Ride the wave of uncertainty - keep your eyes open
You’re not alone buddy. Plateaus come and go. Give yourself some grace and take the “down time” to get curious. Peek into things that aren’t biz related and others that are outside of your niche. Some of the most successful entrepreneurs and businesses marry two unlikely value sets to create something truly special. Take heart.
This part of entrepreneurship could use coaching. You should hire a life coach or therapist or honestly both. I slipped into real toxic depression and alcohol, drugs etc when I got to my most successful part. Partially at least because I lost the thing that made me feel accomplished and gave me something to do. I did too well at automation and hiring sop etc and made myself obsolete. You need some guidance on how to aim toward your next project. Entrepreneurs unfortunately need to be self starters
We all feel less of ourselves at one point or another. Our best recourse is to brush it off, stand back up, make do with what we do best. Get back to work. Hard work is never dismissed and always pays off in the long run.
Cool (the business I mean)
No advice but hope you reach your future goals
I mined 300+ Bitcoin in 2013 and spent most on party favors… but… 2017 cane along and I mined several thousand ETH. Learn from your mistakes and be patient, you can make opportunity you have to wait for the right moment and grab it.
Hi Wallz747, we are starting a crypto exchanger startup do you have interest in look into it, and invest some bucks in exchange of equity, anything DM
It’s all good, brother. I’m 47 and ha e worked for myself since 1994 and have been rich and just got by sometimes. You’ve got a hustlers mindset, and that’s not a bad thing. My mom passed away 3 years ago tomorrow, and she made me realize that she was proud of me no matter what I did. As long as I put my all into it, she was proud. Live for yourself on your terms. Your family will eventually realize you can take care of yourself, and that will change. As far as what you do. Don’t worry about how much you make. Do something that makes you happy and eventually make it into a career. I still consider myself a hustler because I can make money in different ways. As an artist, writer, business owner, and more. Try being happy and then when the money comes. It will be that much more rewarding! Good luck 👍
Not a business issue, a mental health issue. How’s your lifestyle? Eat/sleep/exercise well? Good nutrition? Underlying anxiety/depression?
Maybe get a break and go back to school? You can give MBA a shot ig
I totally get it. I’m in mid to late 20s and going for 100k next year, just got fucked over and feel a bit low. If you ever want to chat or exchange business ideas I’d be down to chat.
Oooooph. I feel this. Almost the exact same thing going on here. Stay safe man.
I genuinely believe none of the commentators have read the body of your post, just the title…otherwise they’d be telling you that multiple 6 figures by the age of 21 is not a failure by any metric!!!
You’re doing more than fine. The only potential “problem” that you’ve identified is the risk of complacency, which can be addressed by venturing into a new vertical or a guided approach to improving user experience within the one you’re currently in.
I actually have a gym owner client with 2 locations in the US with a newly added and growing online consultancy that I can share anonymized notes/feedback on (for ethical and security considerations, I don’t share details that could identify my client(s))
And your family won’t understand your entrepreneurial mindset, because most people don’t. If they did then they, along with most of the world, would compete away your profit margins.
As someone that was a former foster kid and has achieved many blessings in business, almost no one from my childhood believes or understands my milestones or challenges as an entrepreneur and I quickly realized that I needed to fraternize with other entrepreneurs; people that share my experiences and aspirations.
Feel free to reach out to me @ (310) 844-6683 if you wanna chat or text.
Wholesome
You need to accept there is always someone ahead of you and stay off of social media where there are posts showing millions of (fitness)influencers that seem to be kicking ass. Also have some humility, millions have medical issues preventing them from performing close to the level you perform at. Do some volunteering and notice those with real challenges trying to make it day to day.
Consider being a serial entrepreneur. Get your first business to where it will run itself and either step back from it or sell it and start another business. Once you get the second one going you can come back to the first one, fresh again, and move it to the next level
Enroll in University seems like the best answer.
Why does everyone always hate on going to college? I’m very much considering going or just taking some classes while running my business because I feel like I could learn a lot and make a lot of connections
I’d like to stay a lifelong learner (with degrees to show for it too but money is tight most of the time). However, thankfully there are now lots of free resources online to further one’s education. Coursera.org comes to mind often. :D
Enjoy your your current coasting it doesn’t happen often enough.
If you’ve reached a coasting period it means your not burnt out and have the capacity to think logically.
As for the money part, if you have what you need, have what you want and are working on retirement savings, the compelling questions become, how much do you want, how much do you need & what the hell are you going to do with it.
The guy with the most money wins nothing and you can’t take it with you. Finally, make sure find some time to enjoy life, have fun and laugh. This comes to you from a guy who had a significant heart attack at 52 and a 2nd one 9 months later. I happily retired at 58 after shutting down my own company when I declared “I’m done, Fvck everything!” 🙂