Spiritual Keys to Starting A Successful Business
Posted by Peter James | Posted in Balanced Life, Learning Off Experience | Posted on 13-08-2008
Tagged Under : balance my life, become successful, get rich, Life, make money, make more money, self improvement, start my own business, tips for a new business
About 6 months ago, I decided to give up on my miserable, failing mortgage branch. I could have got a job somewhere to try and pay some of my bills but I was saddled with so much debt, I figured I might as well go for it all now. Plus, chasing money got me into this mess in the first place. I needed a change.
I had graduated film school only to wind up in the mortgage business trying to pay my bills. Lucky for me, I met my future partner, Chris, through a fellow friend and broker. Chris offered me the opportunity to get back involved in video, something I always wanted in the first place but was not ready to go after myself. This was my chance.
We decided we would start our own media production company. It would be our dream company tailor suited to fit all our needs and desires so we would be able to produce the most amazing work around. That would be our key to success.
This all sounded great, but it took months to figure out the details. In this time we discovered who we were through months of research, arguing, trial and error. We went in one direction, only to circle back to the original direction. However, we just kept on going. We even started this blog to track the experiences on our journey to build our dream company.
What exactly is a dream company? Well, for us it had to encompass…
- Only doing what we were passionate about.
- Free time every week to spend working out, on personal projects & with our families.
- Something that would not tie us down to one particular location.
- Something with multiple income streams and the ability for passive income.
Again, this list was tailor suited to fit for our needs. For you, it may be different. However, I would recommend #1 be on everyone’s list. Doing what you love is something I can’t stress enough. We never know when our time may be up, so it is important to get the most joy out of every day. Doing something for money definitely helps in the short term, but long term, I have found it drains me mentally and is actually harder. Doing something I am passionate about starts out hard, but gets easier every day.
My partner is extremely adamant about being passionate with his work. It reflects in the quality he provides and has thankfully trickled down to me as well. What I have learned from him is the quality of work is incredibly valuable in ways you can not even imagine.
For example, one of our first video projects was a commercial we did for my Jiu Jitsu school. We did it with a $500 budget, and we worked on it for FREE. That’s right, for FREE. Not only that, but we also did a $5,000 website for FREE as well. We basically gave my friend four months of our hard work for NOTHING, and we did it with a smile.
Because we were passionate about what we were doing, we excitedly challenged ourselves to reach a level we had never achieved. Even when I thought we went far enough, Chris kept pushing. We were not getting paid, but at least the work might sell itself. We accepted the risk and managed any personal bills through various side jobs just to make it work. By June, we had our first commercial complete. We had the website up and running. We also had no money and no work in sight.
July was the toughest month for me personally. I was in desperate need of cash. I was questioning how much longer I could go on like this. Everything I was doing felt right, but I was not seeing any financial return. Nothing. For a man, I don’t think there is a more inadequate feeling than not being able to pay your own bills. Times were really rough with no possible end in sight.
Then, in the course of one week, things suddenly changed.
Our commercial started to make some noise. Suddenly, I had two other Jiu Jitsu schools calling for commercials. I also had another school calling for a website. Plus, on top of that, another person called us to do a National commercial. I could not believe it. In a mere week, we were suddenly swamped.
But it did not stop there! The work kept on coming in. After getting those 3 commercials, we also got a huge Web project in a field we love: MUSIC. We were ecstatic about the project, not to mention the price tag it came with. By only doing what we love, we have attracted even more work that we love to do.
Only this time, it pays even better!
Starting out on this road has been a challenge all the way through. Everyday, I still get up and have to manage my debt day by day. I have to sometimes borrow, finagle, work a side job, or do whatever I can to get by. However, 6 months in and I can taste the possibilities. I can see that it is definitely all worth it in the end, if I can just make it there.
Starting any business is not easy, so why not pick one you really like to do? Even if you can’t see how the money will come, it is okay. Neither could we. Sometimes you have to head blindly on instinct and just have faith. I know this is not easy. I’m here to tell you, it most certainly is not. In fact, it is quite hard. I imagine if it was easy, everyone would do it. I have found the biggest rewards in life usually come from traveling through the toughest roads.
Don’t be afraid to go after what you want. In fact, be afraid to NOT go after it.
I am telling you, and my partner will attest, all it takes is passion, patience, and persistence. You can have anything you want if actually set your mind on it. That is not just some garbage a parent tells their kid. That is the utter, and deepest truth I have learned in all my life. I truly believe there are no circumstances, obstacles, or tribulations that humans can not overcome. My experience has taught me to ignore all possible excuses because…..
I am the only one to blame. I am the only one who can stop me from achieving my dreams. If I do not stop, how can I ever have failed?
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