Importance of Persistence in being an Entrepreneur

[DragonF]

Persistence is important for an entrepreneur because it measures your courage and strength to face difficulties, especially in your business. After all, they will know that you are not that easy to give up and that you persevere to achieve success. After all, in business, you will encounter ups and downs. persistence keeps your vision alive and makes you more committed.

The ability of an entrepreneur to face and overcome the challenges you mentioned is what drives entrepreneurial success. Any entrepreneur who quits due to challenges will never achieve success. Persistence is an essential quality for every entrepreneur, especially those who are just starting out and need to establish trust and relationships with potential customers.

[Rruchi man]

The ability of an entrepreneur to face and overcome the challenges you mentioned is what drives entrepreneurial success. Any entrepreneur who quits due to challenges will never achieve success. Persistence is an essential quality for every entrepreneur, especially those who are just starting out and need to establish trust and relationships with potential customers.

Hard and stringent government policies can make entrepreneurship difficult to practice, especially in countries where the government does not care a bit about the welfare of those trying to earn a living from delivering services and operating small businesses. Persistence will also not help you if you are in the wrong business that you have started as an entrepreneur without researching and carrying out a market survey. Persistence in doing the wrong business will never bring you success.

[albon]

I don't want to be a big businessman at the beginning because you will invest a lot of money in the beginning without any skills and lose a lot of money if you don't succeed. Do you know that building a brand involves many challenges, financial challenges being one of the best. Whenever you start a big business and build a brand, a lot of money is required and you need to take a loan to raise that much money. If you want to run a business successfully, you have to start small because your own experience can bring the key to success in your business.

[Emmanuel1]

I wrote a whole thing on this that dissapeared when I hit post so I'll try again lol. I wanted to share an experience I had with starting a home based business 3 years ago, it was called The Hideaway Ramona. A tiny house bed and breakfast. I have a 6 acre property where I live so I arranged a deal with 5 tiny house owners to park their unit here, I would do all the work associated with renting them out nightly on Airbnb and we would split the money 50/50. Passive income for them, a side job for me. 3 of the houses came to me unfinished, so I remodeled them to completion on nights and weekends for the owners. Which was kind of enjoyable besides being a lot of work. So when they were finished, we listed them and travelers and tiny house enthusiasts came. We started making between $6-800 per week, all I had to do was change the sheets, clean the unit, dump the composting toilet and get it ready for the next group. I'd invested a few thousand dollars into running electricity and water for the hookups, and furnishing the houses with all the necessary stuff. TV's, kitchen appliances, couches etc. Everything went according to plan, we started gathering momentum and had great reviews. Things were looking good, I started building my own tiny house. Had plans of replacing the units with my own houses now that I knew it would work.
Well...it was short lived. 7 months into it one of my neighbors filed a complaint with the county. The county worker came onto my property when we weren't home and took all the pictures he needed to shut us down. The county wanted us to pay for a major use permit. $14k to start the permit process, non-refundable of course, and could cost as much as $300k by the time it was finished. So we had to close up shop. There was no way we could afford that, the thing wasn't bringing in that kind of money.
All that work for nothing, depression set in. It was a real kick in the *****. Felt like an idiot, literally lost quite a bit of money. Didn't even consider trying to start anything for about a year.
Then the idea for business number 3 came up, create a Farm Table Rental business for weddings and events. My wife and I went over the idea for a while and then we went for it. I spent a couple months building the tables, benches, wedding arches, portable bars and other stuff in my wood shop, she spent about that much time building an awesome website and marketing to people in the wedding industry.  We launched and it really has taken off, we are getting a constant flow of visitors to our site and regular bookings for weddings. It's worked out perfectly. All the expenses of building have been paid back from the weddings we've done  Nobody can close us down and its fun to do.
Failure is part of trying new things. Don't be afraid of it, if you fall down then learn what you can from it and push forward again.  In this day and age anyone can start a business, make a website and if you can solve a problem or provide a great service that people want, then the sky is the limit. Do you have an experience with persistence paying off? What happened and how did you get thru it?

persistence is a defining trait that enables entrepreneurs to navigate challenges, innovate continuously, and achieve their business goals despite adversity.Persistence allows entrepreneurs to stay committed to their vision and work hard over time, increasing the likelihood of long-term success.
Persistence is doing what you need to do in business whether it is working or not until a begins to work. It is a key for entrepreneur to succeed in business

[bisdak40]

I don't want to be a big businessman at the beginning because you will invest a lot of money in the beginning without any skills and lose a lot of money if you don't succeed. Do you know that building a brand involves many challenges, financial challenges being one of the best. Whenever you start a big business and build a brand, a lot of money is required and you need to take a loan to raise that much money. If you want to run a business successfully, you have to start small because your own experience can bring the key to success in your business.

All big companies start from small ones jumping into a big company will be hard without experience or enough money. So when starting a business you must start from the beginning to understand more about how it works build your skills, and gain the experience needed to handle bigger challenges in the future. everything should be step by step.

[Agbe]

Failure is part of trying new things. Don't be afraid of it, if you fall down then learn what you can from it and push forward again.  In this day and age anyone can start a business, make a website and if you can solve a problem or provide a great service that people want, then the sky is the limit. Do you have an experience with persistence paying off? What happened and how did you get thru it?

Nothing good that comes easy just like that because everyone good thing takes time and effort to bring it to limelight do as an entrepreneur one thing that should not be lacking is your capacity to be persistent in the face of challenges and failure because all the world renowned entrepreneur we look up to today failed in one point of their lives, but they don't allow that to hold them down put they saw it as a stepping stone and a lesson for them to learn and do this better so we need to be consistent with what we do because the truth of the matter is that when you talk about success in any Field of life be it in business, Entanglement, Sports etc persistent and consistent practice is what brings people to glory. So am one who's interested in becoming a successful entrepreneur then it's important to be consistent with that small business that you find your self

[Gurujebs]

All big companies start from small ones jumping into a big company will be hard without experience or enough money. So when starting a business you must start from the beginning to understand more about how it works build your skills, and gain the experience needed to handle bigger challenges in the future. everything should be step by step.

Whether you have the money or not, start a business with low funds and grow it to become bigger as the demand increases. Over the years, it has been reported that most new start up business collapse on their first trial and you want to use large amount of money to open it, doing so can only lead you to either selling it out at discount or spend another big money on it.

When you open a mid business as start, when problem arise you can quickly make adjustments with small money and if it's big money that open the business, you need to go for extra loan to repair the damages where it's needed for the business to bounce back.

[Agbe]

Being persistence in entrepreneur business helps you to build strong community in the business world and also build trust in the heart of your customers.

Persistence is one of the qualities that defines an entrepreneur from ordinary business men and women as it's persistence that will make you to know weather a business man can grow it from scratch to a point where people can look up to your business as a standard, one thing about starting a business is that you will need time and energy to grow it all the business Tucson's of this world started small it's due to the persistence and not giving up that makes business to stand the test if time as there are allot of people who started business and have ended up halfway so when it comes to entrepreneur there's one thing that set them apart and that is persistence in the middle of challenges and your ability to overcoming obstacles is what makes you an entrepreneur

[Agbe]

If you are an entrepreneur, then you are a persistent person, because in order to take your personal path, you need to pass certain tests and difficulties.

A common quality that is trasabl to entrepreneur's in the world is the ability for them to stay resolute with out giving into the condition's that surrounds them weather to things are going bad or not they don't care but they are more focused about what they are going to gain at the end so they put all their efforts in developing their business so that they can reap the dividend of it when it grows up to the point where it becomes stable and begin to bring return on investment, every intending entrepreneur should have this mentality on them to always be persistence and not giving up as it's critical to their business growth

[Chilwell]

Persistence is a crucial trait for entrepreneurs seeking success. To achieve their goals, entrepreneurs must be dedicated, committed, and motivated, overcoming obstacles and challenges along the way. Through persistence, entrepreneurs develop the ability to make informed decisions, drive business growth, maximize profits, and minimize risks. Ultimately, persistence is a key factor in determining an entrepreneur's long term success.

[Joeboy]

Persistence is a crucial trait for entrepreneurs seeking success. To achieve their goals, entrepreneurs must be dedicated, committed, and motivated, overcoming obstacles and challenges along the way. Through persistence, entrepreneurs develop the ability to make informed decisions, drive business growth, maximize profits, and minimize risks. Ultimately, persistence is a key factor in determining an entrepreneur's long term success.

As an entrepreneur, challenges and set back will always come no matter how smart or wise you are, however the ability to persistent and don't give up in spite of the challenges is what makes a good entrepreneur. No successful business man just landed in that position in a day, it took years of hardwork dedication, and pushing through(persistentcy) to reach that feet

[Dr.Bitcoin_Strange]

If you are an entrepreneur, then you are a persistent person, because in order to take your personal path, you need to pass certain tests and difficulties.

Behind every successful entrepreneur or a business person, there is always a sacrifice that has be made or still making in order not to spoil their reputation, because there will always be an obligation to do or pay, also lies difficulties, especially when it involves to deal with customers, there are people that might annoy you or step on your toes and if you are not being tolerant enough, it will not end well, which may lead to conflict etc. So determination of maintaining peace, trust and respect its all it takes to remain successful.