What is Your Limiting Factor?

Kyoto, 2016
Kyoto, 2016

Dear friend,

What is your limiting factor in your life and creativity?

Do you think your limitation is your lack of free time? Your lack of money? Your lack of experience? Your lack of passion? Your lack of tools, technology, or resources?

Impossible is nothing

Honestly, I think that we are all held back by our own beliefs. We don’t have enough confidence in ourselves. We think of certain things as “impossible.” We let others tear us down, and hold us down.

If you have a really crazy idea, everyone else is going to call you insane. It is normal. But if you want to really innovate in your life, you need to tear away your self-imposed limits.

Why limit yourself? Considering how short life is — do you want to just live a standard life? Do you want a base life— where you just work a 9-5 dutifully for 40 years, retire, and hopefully one day travel the world?

Have overconfidence in yourself

Kyoto, 2016
Kyoto, 2016

I hear that one of the best traits an entrepreneur can have is (over) confidence in themselves. Why? Because if you want to try something truly new, you will risk failing. And the more determination you have, and more belief you have in yourself, the more likely you are to actually take a risk in life.

I have a good friend named Todd who failed in about 9 businesses, until he hit a home-run for his 10th business.

He didn’t let his failures hold him back. His primary strength was his tenacity. He kept “failing forward”— and always incorporated his learning lessons to each new business.

You will never be ready

If you are an entrepneuer, risk-taker, creative person, or artist— you will never be 100% ready.

My suggestion: just get yourself 80% ready, and take action.

Action kills all paralysis of analysis. Action kills indecision. Action kills fear.

Don’t limit yourself

Kyoto, 2016
Kyoto, 2016

Your only limit is your mind and lack of self-confidence in yourself.

Never doubt yourself. Know what your maximum downside is. Take “calculated risks”— and it is always good to have a safety net.

But know you were destined for great things. Don’t live a standard life.

Be strong,
Eric

Learn more: Entrepreneurship 101 >