According to the research 5 out of 10 startups close in the first year. There are lots of reasons behind it like not having sufficient funds, lack of knowledge etc. However, one thing that also plays a major role in the startup journey is “motivation”. If founders are not motivated then their startup journey may stop soon.
When someone dreams about the startup he thinks that he will work for self, make unlimited income, will have own schedule to work etc. because he is highly motivated during dreaming startup. However, sometimes entrepreneurship journey may be boring and dull. So, it is important to stay motivated in a startup or entrepreneurship journey.
There are some tips that can help you in this regards:
1. Celebrate each goal you achieve
It is important in a startup journey to observe your progress. For this, you should set small sized goals that can be achieved on the daily, weekly or monthly basis. Whenever you accomplished any set goal celebrate it. Celebrating each set goal not only help to stay motivated but also increase confidence.
2. Never forget your dream
Startup journey starts with a dream that you want to make true in the future. However, in entrepreneurship, you may have to face frustration and disappointments as well. In such condition, you may forget your dream behind the startup. So, it is necessary to focus on purpose and set goal. Always think you are not alone who are facing these problems, even all successful entrepreneurs had to combat against these obstacles.
3. Obstacles are learning opportunities
Unexpected obstacles are very common in the entrepreneurship and due to this many beginners lose their motivation. They throw their startup dream aside. Getting discouraged is not a solution to the problem even it is a learning opportunity for you. Refusing obstacle is the first step to defeat obstacle. You should take each problem as a challenge that is making you strong to face big problems.
4. Reading stories of successful entrepreneurs
It is possible that you may lose confidence and motivation due to a number of obstacles. Reading stories of successful entrepreneurs will help you to know what types of challenges and problems they also had to face during building their company or ventures. The success stories of the successful startup always start with great challenges. So, it will encourage you to continue your startup journey.
5. Take time to relax
At the start, you may have to perform many tasks together and soon. It may feel you tired and bothered. Due to that focus on the important task may be difficult that may away you from set goals.
You should take time to recharge yourself. You can do anything that makes you relax like spending valuable time with a loved one, watching the movie, go to an outdoor ride, taking adequate sleep etc. It will help you to rid of from work tension.
You will feel better and free mind when you will return on work after relax. It will increase your productivity that may benefit to your startup.
Motivation and confidence are the two tools that help to continue the startup journey, therefore, you never leave these.